Debbie Cabrera, assistant superintendent for business and finance, presented the administration’s recommended budget for 2010-2011 to the Board of Trustees August 2.
The general operating budget projects total revenue of $249,584,463 and projects total appropriations of $256,101,303. According to Dallas County Central Appraisal District, the Certified Tax Roll received July 21 reflected a decrease in values by 5.3 percent for a total roll value of $9,162,488,657. The budget also reflects a total increase in state funding under current law of $15,086,795 for the general operating fund. The state funding increase is attributed to a projected increase in peak enrollment, increase in average daily attendance and weighted average daily attendance, a decrease of local property values, and accessing the additional 2 pennies to increase the district’s Tier II funding. State funding represents 60.4 percent of the district’s recommended budget, 39 percent is from local funding, and .6 percent is from federal funding.
The IISD recommended budget provides for a total tax rate of $1.465 per $100 of assessed valuation, 4.5 cents more than the previous year. Irving ISD will dedicate 66.9 percent of general operating fund expenditures to classroom instruction, 11.1 percent to support services, 9.6 percent to student support, 9.1 percent to instructional leadership, and four percent to administration, ancillary and intergovernmental charges.
