SUMMARY OF TOTAL STATE/LOCAL M&O REVENUE:
M&O Revenue From State (not including Fund 599) (includes TIF & tuition reimbursement, if applicable)									104,153,615
M&O Revenue From Local Taxes (net of recapture and up to compressed rate)									198,132,927
M&O Revenue From Local Taxes (for first $.06 above compressed rate; no recapture)									8,358,950
M&O Revenue From Local Taxes (net of recapture for pennies beyond compressed rate + $.06)									0
2011-12 TOTAL STATE/LOCAL M&O REVENUE									310,645,492
Less: Credit Balance Due State (See FSF balance above)									0
2011-12 NET TOTAL STATE/LOCAL M&O REVENUE									310,645,492
	For the 2011-2012 budget, the majority, $206,491,877, M&O Revenue comes from our local property taxes. Our Maintenance Tax Rate is $1.04/$100 and our school debt tax rate is $.34/$100 which is a total of $1.38/$100 Property Tax Rate. The taxable property value is $18,954,177,997. We have 200,000,000 in our fund balance. The state contributes 104,153,615 to our M&O Revenue. Tier 1 = $52,593,871; Tier II for “Golden” Level = $4,177,702. Other Programs= $47,382,042. Overall Expenditures: 86.46% salaries/benefits, 13.27% allocations, and .27% major expenditures. Surplus= 3.83% The largest expenditures of the M&O Revenue are 60.32% Instruction and 11.67% for Facilities and Maintenance. Our district serves approximately 46,000 students and employees 2,795 teachers which creates an average student teacher ratio of 16:1. Last year the per pupil expenditure was 7,505. Additional student information(approximate): 30% Economically Disadvantaged, 10% Bilingual/ESL, 26% CTE, 8% GT and 8% SPED. Our district continues to grow by approximately 1,000 students each year. We are very fortunate that our community supports education and continues to vote for bonds that maintain or facilities and funds the construction our new schools. District Goals 2011-2012 Develop a plan to ensure programs associated with district and campus priorities are funded equitably. Improve district efficiencies while maintaining the high academic standards and resulting success for all students while accelerating gains to close achievement gaps. Develop a plan to align the educational experience for students across Round Rock ISD with a focus on training in effective practices related to STAAR testing and the new state accountability system. Develop a plan to provide for effective community engagement and investment. Increase participation and success in both dual-credit and post-secondary higher education. As we prepared for the deepest cuts this past spring, our fine arts and athletic departments were facing significant budget cuts. The teacher/student ratio was also going to change dramatically at all levels. After many budget workshops and community input, it became very clear that these cuts were not acceptable to our stakeholders. Our community was very adamant about continuing to provide the best educational opportunities for students. The board was willing to dip into the fund balance to ensure status quo. Fortunately, the budget cuts were not as dire as predicted and we were able to maintain funding. Equitable funding in regards to programs at individual campuses came into question this past spring. Therefore, one of the district goals for this year is to ensure equitable funding for athletics and fine arts at each campus. Four of our five district goals are aligned with instruction and the majority of our M&O revenue is allocated for instruction. Since most of our M&O revenue is created by local taxes, I believe it is even more important that the district ensure a transparent and inviting relationship with all stakeholders.