Port Arthur I. S. D. has proposed total expenditures will be $172,649,667. The expenditures will be taken from Local M & O collections of $45,115,917. Of that total, $43,380,689 is M & O Collections @ Compressed Rate (compressed rate x 100 x yield per penny) and $1,735,228 is M & O Collections for Level 1 (Level 1 rate x 100 x yield per penny). The district also has I & S tax collections of $19,495,622. Because the district has 9% of its population that is designated as special education, it receives a special education allotment of $4,212,523. It also receives $413,277 for its bilingual students and $8,344,712 in compensatory funds.
For 2011-12, the district has total general fund revenue of $69,665,575. 61.71% or $47,650,002 is from local sources, 37.53% or $21,504,435 is from state sources and 0.75% or $596,238.
The budgeted calculations indicate that $38,227,070 will be used for instruction and $1,924,599 is allocated to instructional leadership. $11,614,028 is proposed to be used for plant M & O. This results in per pupil expenditures of $4,166.
I found this assignment quite enlightening. I have a better understanding of how the funds that are used to operate a district are generated and expended each year.
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