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Initial Analysis of FSP Funding Provisions for 2016-2017 Biennium Compared to the Current 2014-2015 Biennium

By Thomas Canby posted 05-21-2015 15:51

  

The preliminary results of the ongoing budget conference committee's negotiations of certain proposed Foundation School Program funding provisions for the 2016-2017 Biennium in relation to the 2014-2015 Biennium are presented in the side-by-side table below. Many school districts will be interested to know about facilities funding allotments that are proposed for the Instructional Facilities Allotment and the New Instructional Facilities Allotment for the 2016-2017 Biennium. 

2014-2015 Biennium General Appropriations Bill

Conference Committee on Senate Bill 1

 

2016-2017 Biennium General Appropriations Bill

Conference Committee on House Bill 1 May 20, 2015

Foundation School Program Funding. Out of the funds appropriated above, a total of $19,909,737,000 in fiscal year 2014 and $20,489,435,000 in fiscal year 2015 shall represent the sum-certain appropriation to the Foundation School Program. The total appropriation may not exceed the sum-certain amount. This appropriation includes allocations under Chapters 41, 42 and 46 of the Texas Education Code.

Foundation School Program Funding. Out of the funds appropriated above, a total of $21,158,600,000 in fiscal year 2016 and $21,177,100,000 in fiscal year 2017 shall represent the sum-certain appropriation to the Foundation School Program. The total appropriation may not exceed the sum-certain amount. This appropriation includes allocations under Chapters 41, 42 and 46 of the Texas Education Code.

 

 

Formula Funding: The Commissioner shall make allocations to local school districts under Chapters 41, 42 and 46 based on the March 2013 estimates of average daily attendance and local district tax rates as determined by the Legislative Budget Board and the final tax year 2012 property values. Property values, and the estimates of local tax collections on which they are based, shall be increased by 4.77 percent for tax year 2013 and by 4.03 percent for tax year 2014.

Formula Funding: The Commissioner shall make allocations to local school districts under Chapters 41, 42 and 46 based on the March 2015 estimates of average daily attendance and local district tax rates as determined by the Legislative Budget Board and the final tax year 2014 property values. Property values, and the estimates of local tax collections on which they are based, shall be increased by 4.56 percent for tax year 2015 and by 6.18 percent for tax year 2016.

 

 

For purposes of distributing the Foundation School Program basic tier state aid appropriated above and in accordance with §42.101 of the Texas Education Code, the Basic Allotment is established at $4,950 in fiscal year 2014 and $5,040 in fiscal year 2015.

For purposes of distributing the Foundation School Program basic tier state aid appropriated above and in accordance with §42.101 of the Texas Education Code, the Basic Allotment is established at $5,140 in fiscal year 2016 and $5,140 fiscal year 2017.

 

 

For purposes of distributing the Foundation School Program enrichment tier state aid appropriated above and in accordance with §41.002(a)(2) and §42.302(a-1)(1) of the Texas Education Code, the Guaranteed Yield is $59.97 in fiscal year 2014 and $61.86 in fiscal year 2015.

For purposes of distributing the Foundation School Program enrichment tier state aid appropriated above and in accordance with §41.002(a)(2) and §42.302(a-1)(1) of the Texas Education Code, the Guaranteed Yield is $74.28 in fiscal year 2016 and $77.53 in fiscal year 2017.

 

 

For purposes of distributing the Foundation School Program state aid appropriated above and in accordance with §42.101(c-3) of the Texas Education Code, the Regular Program Adjustment Factor for fiscal years 2014 and 2015 is 1.00.

 

 

 

For purposes of distributing the Foundation School Program Additional State Aid for Tax Reduction appropriated above and in accordance with §42.2516(i), the percentage applied for purposes of §42.2516(b)(1), 42.2516(b)(2), and 42.2516(d)(1) is 92.63 percent for the 2013-14 and the 2014-15 school years.

For purposes of distributing the Foundation School Program Additional State Aid for Tax Reduction appropriated above and in accordance with §42.2516(i), the percentage applied for purposes of §§42.2516(b)(1), 42.2516(b)(2), and 42.2516(d)(1) is 92.63 percent for the 2015-16 and the 2016-17 school years.

Out of amounts appropriated above and allocated by this rider to the Foundation School Program, no funds are appropriated for the New Instructional Facilities Allotment under §42.158 of the Texas Education Code.

Out of amounts appropriated above and allocated by this rider to the Foundation School Program, $23,750,000 in each fiscal year of the biennium is appropriated for the New Instructional Facilities Allotment under §42.158 of the Texas Education Code.

Out of amounts appropriated above and allocated by this rider to the Foundation School Program, $55,500,000 in fiscal year 2017 is appropriated for the Instructional Facilities Allotment under §46.003 of the Texas Education Code.

Notwithstanding any other provision of this Act, the Texas Education Agency may make transfers as appropriate between Strategy A.1.1, FSP-Equalized Operations, and Strategy A.1.2, FSP Equalized Facilities. The TEA shall notify the Legislative Budget Board and the Governor of any such transfers at least 15 days prior to the transfer.

Notwithstanding any other provision of this Act, the Texas Education Agency may make transfers as appropriate between Strategy A.1.1, FSP-Equalized Operations, and Strategy A.1.2, FSP-Equalized Facilities. The TEA shall notify the Legislative Budget Board and the Governor of any such transfers at least 15 days prior to the transfer.

The Texas Education Agency shall submit reports on the prior month's expenditures on programs described by this rider no later than the 20th day of each month to the Legislative Budget Board and the Governor's Office in a format determined by the Legislative Budget Board in cooperation with the agency.

The Texas Education Agency shall submit reports on the prior month's expenditures on programs described by this rider no later than the 20th day of each month to the Legislative Budget Board and the Governor's Office in a format determined by the Legislative Budget Board in cooperation with the agency.

 

Contingent on the Commissioner of Education identifying a budget surplus of Foundation School Program funds appropriated above in either fiscal year of the 2016-17 biennium, the Commissioner shall notify the Legislative Budget Board and the Office of the Governor in writing no later than 30 calendar days before taking any action pursuant to the Education Code §§7.062, 42.2517, 42.2521, 42.2522, 42.2523, or 42.2524.

Sources: Legislative Budget Board

2014-2015 Biennium http://www.lbb.state.tx.us/Documents/GAA/General_Appropriations_Act_2014-15.pdf

2016-2017 Biennium as of May 20, 2015 http://www.lbb.state.tx.us/Documents/Appropriations_Bills/84/Final/Article03(PEd)_IssueDoc_05-20-2015_01_59_19_PM.pdf

 

 

 

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