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Budget In Focus 2010-2011 - San Antonio Independent School District

Budget In Focus 2010-2011 - San Antonio Independent School District

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Funding Sources <strong>2010</strong>­<strong>2011</strong><br />

The <strong>San</strong> <strong>Antonio</strong> <strong>In</strong>dependent <strong>School</strong> <strong>District</strong> has three major sources of revenues i.e., Local, State<br />

and Federal Funds.<br />

LOCAL<br />

This revenue is primarily derived from taxes levied on real estate by the <strong>District</strong>. Other sources of<br />

local funds include interest earnings, athletic events, and other miscellaneous income. The Local tax<br />

revenue amounts to approximately 24.70% of the <strong>District</strong>’s total revenue. Local revenue is 26.29%<br />

of the total revenue.<br />

STATE<br />

Maintenance & Operations $1.0400/ $100<br />

Debt Service $0.2397/ $100<br />

Total SAISD Tax Rate $1.2797/ $100<br />

This revenue is based primarily upon average daily attendance (ADA) of the <strong>District</strong>’s pupils by their<br />

educational category (Bilingual, Compensatory, Regular, Special Education, and Career &<br />

Technology). The State determines what the total cost for a basic program should be for the <strong>District</strong><br />

by special formulas and weights for type of students served. The State then deducts the amount of<br />

revenue required to be raised by the <strong>District</strong>. The balance is then provided as State Aid. The State<br />

assists with funding Debt Service on new and old bond issues. This amounts to 2.15% of the<br />

revenue. State funds account for approximately 49.23% of the total revenue.<br />

FEDERAL<br />

This revenue is primarily provided from grants designated for a special purpose. It cannot be spent for<br />

any reason other than the one so specified. Federal sources accounts for approximately 24.48% of the<br />

total revenue.<br />

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