Notice: ESC 12 has provided a "user friendly" template for calculating TEA's Expenditure Target . This template is designed to facilitate district compliance with proposed expenditure targets established annually by TEA pursuant to TEC § 44.011 (Link to Expenditure Targets Template)
Notice: Budget Report Template to post district's expenditure budgets on Web Page as required by HB1. A school district must post the budget summary on the school's Internet Web site when it posts the "Notice of Public Hearing" on the budget in the newspaper. The budget summary must remain on the district's web site throughout the district's fiscal year. Revised 05/08
Important notice from State Funding:The Tax Information Survey is now open for reporting the amount of taxes that have been collected to date and any additional taxes estimated to be collected through the end of the district fiscal year. This module can be accessed via the Foundation School Program (FSP) Application within the TEA Secure Environment (TEASE)
In addition to providing us your district’s estimate of tax collections, we are asking that you verify your district’s adopted maintenance and operations (M&O) and interest and sinking fund (I&S) tax rates for the 2007 tax year. Please note that to better estimate the amount of near-final settle-up for the 2007–08 school year, we are requesting that this survey be completed in a timely manner. The survey will close on August 1, 2008: https://seguin.tea.state.tx.us/apps/logon.asp
Investment
Training for Business Officers.
We will again provide 5 hours of Investment Officer Training
this spring/summer. The workshop will be July 25, 2008 (session # 36668
). You may register for the session at - https://register.esc12.net/default.aspx
Tax Rate Seminars: In June and July, The Comptroller’s Property Tax Division (PTD) will conduct 14 regional seminars to explain the laws that local government taxing units must follow when adopting 2008 property tax rates. Region 12 will host one of the sessions on June 12 from 1:30 - 3:30. Materials will be provided at the session.
The PTD staff will detail how to calculate the effective and rollback tax rates, what to publish and when to hold a tax-rate-rollback election. The staff will also discuss any legal changes required in adopting the tax rates for 2008.
Truth-in-Taxation Seminars for 2008 will consist of two separate presentations. The morning session, 9 a.m. to noon, will deal with setting tax rates for taxing units - other than school districts. The afternoon session, 1:30 – 3:30 p.m., will focus exclusively on setting tax rates for school districts. The regional seminars are free of charge and no pre-registration is required.
For questions about the seminars or locations, please call the PTD's technical assistance hotline at (800) 252-9121, ext. 2. (Link to CPTD web page of sessions)
To calculate your "projected" revenue for 2008-09, use Omar's state aid template for 2007-08 and 2008-09 (Release 4, dated 5/29/2008). This version has tabs for newspsper notice. Copy data from your 2007-08 LPE.DPE template into Omar's 09 template and update the 2008-09 data cells. Be sure to enter 2007 CPTD T-2 Values.
ONLINE TAX INFORMATION SURVEY: The State Funding Division is in the process of implementing the provisions of House Bill 828 that was passed by the 80th Texas Legislature. This bill authorizes TEA to adjust funding for districts under certain circumstances. In order to comply with the law and to determine whether your district is eligible for funding adjustments prior to the near-final settle-up period for the 2007-08 school year TEA is asking you to complete a tax information survey online no later than July 1, 2008 at this LINK May 27, 2008, 08:40
New Instructional Facility Allotment:The 2008-09 funding cycle for the New Instructional Facility Allotment (NIFA) is now open. You may send an application for this program electronically through the online Foundation School Program (FSP) system. Application deadline is July 15, 2008.
To calculate your "projected" revenue for 2008-09, use Omar's state aid template for 2007-08 and 2008-09 (Release 3, dated 3/3/2008). Copy data from your 2007-08 LPE.DPE template into Omar's 09 template and update the 2008-09 data cells. Be sure to enter 2007 CPTD T-2 Values.
State Funding continues to revise the 2007-2008 Summary of Finance Template on the web. I am revising the LPE.DPE Side-by-Side Templates to reflect the changes.
All templates have been re-posted as of 4/9/08. (To Templates page)
Notice: Template
to post utility usage & aggregate cost on school district
web page as required by HB 3693 (Link
to Templates Page) Revised
1/12/08
Notice from State Funding: The 2008-2009
Optional Flexible Year Program (OFYP) application
has been posted to the State Funding website. The
letter, application, law and rules can be found at the
following link: http://www.tea.state.tx.us/school.finance/ofyp.html
Notice From
State Funding: Subject: Rider
34 Disciplinary Alternative Education Funding for 2007–2008.
Through Rider 34, the 80th Texas Legislature appropriated
$4.75 million for the implementation of disciplinary alternative
education programs under Chapter 37 of the Texas Education
Code during school years 2007–2008 and 2008–2009.
For school year 2007–2008, Rider 34 funds will be distributed
to school districts on the basis of a formula that provides
the greater of either $500 or $2.0878 per student enrolled
in grades 6 through 12 during the prior school year. The
enrollment figures used are the PEIMS snapshot data from
the fall 2006–2007 submission. A list of the amount
to be paid to each district is posted on the School Finance
website athttp://www.tea.state.tx.us/school.finance/funding/0708_Rider_34_Funds.xls
I have posted the 2007-08
LPE.DPE template (release 3_wb4 (Uses
revised CPTD values) on our Region 12 web
site. I have multi tracks for districts with AEP's. (Link
to templates page)
Notice
from Woody & Omar: Omar
has posted a new template
for 2007-08 and 2008-09 (Release 2, dated 11/1/2007) It
is now available for download. (Link
to Omar's web page)
Link to TASBO's Internet
Postings Required of School Districts http://www.tasbo.org/internet_postings_required.htm
Notice
from Gary & Woody: There
have been many questions regarding the Annual Financial
Management Report to be prepared by the school district. Please
reference this link
Notice from
TEA: Changes to Mileage Reimbursement
Rates Effective September 1, 2007, Applicable to State
and Federal Grants from the Texas Education Agency (Link)
Notice
from Gary & Woody: Budget
Posting on District's Web Page- This template (Link) may
be used to post the district's 2006 - 2007 "actual" and
2007 - 2008
"proposed" budgets on the district's Web Site as required by HB 1. Note- Budgets
are to remain posted on your web.
Notice
from State Funding: Information from
TEA regarding implementation of Rider 86 - pay increase
for educators (Link
to web site)
Notice from
State Funding: Subject: 2007-2008
Tuition Limit for Adjusting Property Values for Districts
not Offering All Grade Levels as authorized by the Texas
Education Code, Section 42.106.(See
Link to Correspondence)
Federal
This template may be used to help
a district determine compliance with Federal Funds Maintenance
of Effort (MOE) requirements.
SCHOOL FIRST:
Notice
from Gary & Woody: Additional
information regarding the Annual Financial Management Report
to be prepared by the school district. Please
reference this link and scroll down to Sec. 09.1005 "Reporting" .
2006-2007
FIRST Worksheet (Courtesy of ESC Region XIII Website)
(Link
to FIRST Template)
Notice, FIRST: TASBO/TSPRA
"FIRST Communication Resources Kit" (Including
notice of public meeting to discuss your district's State
Financial Accountability Rating )
Notice, FIRST: Link
to “65% Rule” indicators 13 and 14 of 2006-07
FIRST worksheet as posted on the Texas Register
Note:TEA Audit Division's School
Management Report to be given
with District's FIRST public hearing in 2007 (6/27/07)
