[B. CALL TO ORDER]
[00:00:02]
GOOD EVENING. IT IS 5:30 ON TUESDAY, JUNE 20TH, 2023.
I HEREBY CALL THIS MEETING OF THE ROUND ROCK INDEPENDENT SCHOOL DISTRICT BOARD OF TRUSTEES PUBLIC HEARING ON THE PROPOSED 2023 2024 BUDGET AND TAX RATE TO ORDER. FIRST ORDER OF BUSINESS IS THE PLEDGE OF ALLEGIANCE.
PLEASE STAND. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.
TEXAS. ONE STATE UNDER GOD, ONE AND INDIVISIBLE.
[D. PUBLIC COMMENTS TO AGENDA ITEM E. ONLY]
ALL RIGHT. WE DO HAVE PUBLIC COMMENT TONIGHT, AND FOR A PUBLIC HEARING, ANYONE THAT SIGNS UP BEFORE THE CONCLUSION OF THE PUBLIC HEARING STILL HAS A CHANCE TO SPEAK.SO WE MAY HAVE PUBLIC COMMENT HERE AND THEN PUBLIC COMMENT AT THE CONCLUSION OF THE HEARING AS WELL.
IF ANYBODY ELSE SIGNS UP WHILE WE'RE STILL BEFORE THE PUBLIC HEARING IS OVER, AT EACH BOARD MEETING, THE BOARD WILL SET ASIDE TIME TO AFFORD THE GENERAL PUBLIC AN OPPORTUNITY TO SPEAK TO ITEMS ON THE AGENDA.
THE BOARD REQUESTS THAT COMMENTS WHETHER POSITIVE OR NEGATIVE, BE COURTEOUS AND RESPECTFUL.
AS A SECOND REMINDER, THE BOARD ADOPTED AN ANTI-HATE RESOLUTION ON JANUARY 20TH, 2022, WHERE THE BOARD REAFFIRMED ITS COMMITMENT TO THE WELL-BEING AND SAFETY OF ALL PEOPLE, REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, GENDER IDENTITY, GENDER EXPRESSION, SEXUAL ORIENTATION, DISABILITY, AGE OR POLITICAL BELIEFS, AND STANDS AGAINST SPEECH THAT INCITES HATRED AND VIOLENCE TOWARDS OTHERS.
PLEASE NOTE THAT WHILE THE PUBLIC DOES HAVE THE RIGHT TO SPEAK, THAT RIGHT IS NOT UNLIMITED.
PER TEXAS PENAL CODE 38.13, 42.01, 42.02 AND 42.05 AND TEXAS EDUCATION CODE 37.105.
NO AUDIENCE MEMBER OR SPEAKER WILL BE PERMITTED TO ENGAGE IN ANY CONDUCT THAT IS DISRUPTIVE OR THREATENING TOWARD ANY SPEAKER OR OTHER PERSON, OR TO VIOLATE THE PRIVACY RIGHTS OF ANOTHER PERSON.
THE BOARD SHALL NOT TOLERATE DISRUPTION OF THE MEETING BY MEMBERS OF THE AUDIENCE.
IF, AFTER AT LEAST ONE MORE INDIVIDUAL WARNING FROM THE PRESIDING OFFICER, ANY INDIVIDUAL CONTINUES TO DISRUPT THE MEETING BY HIS OR HER WORDS OR ACTIONS, THE PRESIDING OFFICER WILL REQUEST ASSISTANCE FROM LAW ENFORCEMENT OFFICIALS TO HAVE THE INDIVIDUAL REMOVED FROM THE MEETING.
THEREFORE, BOARD MEMBERS MAY NOT DISCUSS THE COMMENTS OF SPEAKERS.
EACH SPEAKER WILL BE GIVEN TWO MINUTES TO ADDRESS THE BOARD.
TRUSTEE HARRISON WILL BE THE DESIGNATED TIMEKEEPER.
BEFORE WE BEGIN, I FORGOT TO ANNOUNCE ATTENDANCE TONIGHT.
IN ATTENDANCE IS TRUSTEE ZARATE, MARKHAM, LANDRUM, HARRISON, WEIR AND BONE.
GOOD EVENING. IT'S BEEN A WHILE SINCE I'VE BEEN WITH YOU ALL IN PERSON.
I DO STILL KEEP UP FROM HOME, THOUGH.
I'D LIKE TO TALK ABOUT THE COMPONENTS OF THIS TAX RATE.
THE TIER ONE M&O RATE PRESENTED IS EQUAL TO THE MCR SET BY THE TEA AND COULD POTENTIALLY GO LOWER DEPENDING ON ACTION BY THE LEGISLATURE, BUT AT THIS POINT YOU DO NOT HAVE THE ABILITY TO LOWER THIS RATE FURTHER AND STILL RECEIVE 100% OF THE FUNDING AVAILABLE TO OUR STUDENTS.
IT'S IMPORTANT TO NOTE THAT EVEN IF THE LEGISLATURE ACTS AND LOWERS THIS RATE FURTHER BY BUYING DOWN THE SCHOOL TAX RATE, THIS WILL NOT RESULT IN INCREASED FUNDING TO OUR DISTRICT THAT CAN BE USED TO PAY TEACHERS MORE.
THE FIVE GOLDEN PENNIES PREVIOUSLY APPROVED BY THE BOARD HAVE BEEN INVALUABLE TO OUR DISTRICT IN A VERY DIFFICULT FINANCIAL LANDSCAPE WHEN THERE CONTINUES TO BE NO INCREASES FOR PUBLIC EDUCATION.
THIS IS PRUDENT FINANCIAL MANAGEMENT.
IF YOU TAKE THE EXAMPLE OF THE 550K TAXABLE VALUE, NOT MARKET VALUE, TAXABLE VALUE HOME SHOWN IN THE PRESENTATION, THESE THREE GOLDEN PENNIES WILL MAKE UP $165 OF THE TOTAL TAX LIABILITY FOR THE YEAR.
THIS IS $13.75 PER MONTH FOR INDIVIDUALS WHO HAVE AN OVER 65 OR DISABILITY HOMESTEAD EXEMPTION.
IF YOU'RE AFRAID YOUR TAXES ARE GOING UP, YOU ALREADY HAVE A SCHOOL TAX CEILING IN PLACE AND THIS WILL NOT INCREASE YOUR SCHOOL TAX LIABILITY LEGISLATION PASSED IN 2021 WILL STILL MAKE SURE THAT YOUR TAX CEILING IS RECALCULATED TO TAKE ADVANTAGE OF ANY FURTHER RATE COMPRESSION.
[00:05:05]
I URGE YOU TO PASS THE BUDGET AS PRESENTED AND ALLOW THE VOTERS TO SUPPORT PUBLIC EDUCATION IN OUR DISTRICT, EVEN WHEN THE STATE IS FAILING TO DO SO.GIVE US THAT OPPORTUNITY TO STAND UP AND SUPPORT OUR EDUCATORS.
OUR NEXT SPEAKER IS TAMMY CONRAD, SPEAKING ON AGENDA ITEM E1, AND YOU DO LIVE IN THE DISTRICT.
I'M THE NEW PRESIDENT FOR EDUCATION ROUND ROCK, AND I'M HAPPY TO BE HERE REPRESENTING OUR LOCAL UNION MEMBERS. FIRST, WE'RE VERY THANKFUL THAT THE TEA MONITOR IS GONE.
SECOND, WE'D LIKE TO THANK YOU FOR WORKING ON A BUDGET.
WHILE MANY OF US HAVE BEEN ON VACATION, WE APPRECIATE THE INCREASE THAT YOU'RE LOOKING AT.
THE 3% FOR TEACHERS AND 2% FOR STAFF.
IT'S GOOD, BUT WE DO APPRECIATE THAT YOU'RE LOOKING AT THE VADR VOTE TO GET MORE FUNDING TO MAKE THAT INCREASE HIGHER, AN ADDITIONAL 3%. WE WILL WORK WITH THE DISTRICT AND WE'LL WORK WITH COMMUNITY ORGANIZATIONS TO GET THE VOTE OUT IN NOVEMBER FOR THE VADER AND AS WELL FOR THE CONSTITUTIONAL AMENDMENT TO GIVE A COLA OR A COST OF LIVING ADJUSTMENT TO EDUCATOR RETIREES.
WE DO HOPE THAT THE DISTRICT WILL DO EVERYTHING POSSIBLE TO MAKE SURE THAT WE RECEIVE THAT BACK PAY IF THE VOTE PASSES AS QUICKLY AS POSSIBLE RATHER THAN GETTING IT IN 2024.
THANK YOU FOR YOUR CONSIDERATION.
ONCE AGAIN, THE BOARD WILL ASK FOR MORE MONEY.
THE DISTRICT NEEDS TO STOP TREATING THE PARENTS AS OUR PERSONAL ATM MACHINES.
STOP INDOCTRINATING AND START TEACHING. I THINK THIS BOARD NEEDS TO REVIEW AND REFLECT ON THE AMOUNT OF MONEY THAT FUNDS THAT THIS BOARD HAS BEEN SPENDING ON LEGAL FEES.
IT'S A GREAT BURDEN TO OUR DISTRICT.
THESE EXPENSES ON LEGAL FEES ARE REALLY OUT OF CONTROL.
I THINK THEY'RE IN THE MILLIONS NOW.
I THINK MAYBE WE'RE OVER 2 MILLION.
IF YOU'RE WATCHING AND LISTENING, YOU SHOULD SAY, WOW.
WHEN YOU HAVE AN OPPORTUNITY TO REVIEW, REVIEW AND SCRUTINIZE ALL THE SUPERINTENDENT'S EXPENSES BECAUSE WE KNOW THAT THEY'RE DONE WITHOUT BOARD APPROVAL AND POTENTIALLY ILLEGAL AND HONESTLY, THE ROLES AND RESPONSIBILITIES WE'LL TALK LATER ABOUT THAT, BUT THERE'S OPPORTUNITY FOR CUTTING SOME OF THE BUDGET WITH LEGAL FEES, WITH HAVING SOME OF THESE BOARD MEMBERS PAY FOR THEIR OWN LEGAL FEES AND REPRESENTATION IN FEDERAL LAWSUITS SO WE CAN START TRIMMING THE FAT THERE.
SO I DON'T THINK YOU SHOULD PROVE THIS AS IS BECAUSE YOU NEED TO STOP SPENDING OUR MONEY.
THANK YOU VERY MUCH. OUR LAST SPEAKER IS REBECCA [INAUDIBLE] SPEAKING ON AGENDA ITEM E ONE AND YOU DO LIVE IN THE DISTRICT.
MANY PEOPLE WILL STAND UP AND SAY TO REJECT THE VADR WITHOUT OFFERING YOU ANY REASONS WHY.
SINCE OUR LEGISLATURE REFUSES TO SUPPORT PUBLIC EDUCATION.
IT GIVES OUR TRUSTEES THE FLEXIBILITY TO DO WHAT THE LEGISLATURE REFUSES TO DO.
IT SENDS A STRONG MESSAGE TO OUR STAFF THAT WE SUPPORT THEM.
SIMPLY APPROVING THIS BUDGET DOES NOT MEAN THAT THE FINAL 12 MILLION WILL BE APPROVED, BUT IS AN OPPORTUNITY TO SHOW UP AND SAY THAT WE SUPPORT OUR EDUCATORS IN PUBLIC EDUCATION.
WHY WOULDN'T WE WANT TO GIVE AN OPPORTUNITY TO THE COMMUNITY TO SAY THAT, ESPECIALLY SINCE 100% OF THOSE FUNDS WILL STAY IN ROUND ROCK ISD? EVEN WITH THE THREE GOLDEN PENNIES, THE OVERALL TAX RATE IS STILL GOING DOWN, AND WE WOULD STILL HAVE ONE OF THE LOWEST PROPOSED TAX RATES IN THE ENTIRE AUSTIN AREA FOR SCHOOL TAXES.
THANK YOU. THANK YOU VERY MUCH.
THAT HEREBY CONCLUDES PUBLIC COMMENT FOR RIGHT NOW, AND I WILL TURN IT OVER TO DR.
[E. PUBLIC HEARING: PROPOSED 2023-2024 BUDGET AND TAX RATE]
AZAIEZ FOR AGENDA ITEM E1 PUBLIC HEARING PROPOSED 2023-2024 BUDGET AND TAX RATE.[00:10:04]
GOOD EVENING, AND WE HAVE WITH US OUR CFO, DENNIS WHO WILL BE DOING OUR ACTUALLY PRESENTING OUR BUDGET DURING THIS PUBLIC HEARING. SO DENNIS, WITH NO DELAY, PLEASE TAKE US THROUGH IT.THE BUDGET ASSUMPTIONS FOR THE MAINTENANCE OPERATIONS BUDGET INCLUDES THE ESTIMATED PROPERTY VALUE INCREASES BY 10%, ENROLLMENT PROJECTION, 400 STUDENTS OF GROWTH, OUR ATTENDANCE RATE 94%.
BASE ALLOTMENT FLAT MAXIMUM COMPRESSION RATE REDUCED TO 0.7284.
THE BUDGET DOES INCLUDE THE PASSING OF THE VADR FOR THE THREE ADDITIONAL GOLDEN PENNIES AND OUR COMPENSATION INCREASE IS 3% TEACHERS AND 2% ALL OTHERS, AND WITH THE PASSING OF THE VADER, AN ADDITIONAL 3% FOR ALL, AND IT ALSO INCLUDES RESTORING THE POSITIONS THAT WAS FUNDED THROUGH THE ESSER FUNDS.
AGAIN, ESTIMATED PROPERTY VALUE INCREASED BY 10%, LOWERING THE I&S RATE BY ONE PENNY AND STILL COVERING DEBT PAYMENTS AND A 25 MILLION DEFEASANCE PAYMENT.
CONSIDERATION OF FUTURE DEBT CAPACITY AND OUR CURRENT FUND BALANCE IS $113 MILLION, AND WE HAVE A $70 MILLION PAYMENT DUE ON 1ST AUGUST. OUR FOOD SERVICE BUDGET ASSUMPTIONS.
WE HAVE OUR CONTRACT APPROVED BY THE TEXAS DEPARTMENT OF AGRICULTURE.
IT INCLUDES A PRICE INCREASE OF $0.20 FOR LUNCH, AND THEN OUR NATIONAL SCHOOL LUNCH PROGRAM HAS A LOWER REIMBURSEMENT RATE AND OUR CURRENT FUND BALANCE IS AT $8 MILLION.
IN BUILDING THE BUDGET. ONE OF THE CENTRAL CONSIDERATIONS IS ENROLLMENT.
THIS CHART SHOWS A TREND OF ENROLLMENT IN ROUND ROCK SINCE THE 2017-18 SCHOOL YEAR.
IT ALSO SHOWS FOR THE 23-24 SCHOOL YEAR, WE ARE PROJECTING THE 400 STUDENTS.
SO LET'S TAKE A LOOK AT THE ACTUAL BUDGET FOR M&O.
USING THE ASSUMPTIONS OF 400 STUDENTS GROWTH.
THE MCR PLUS THE EIGHT GOLDEN PENNIES PUT THE TAX RATE AT 0.8084.
A 94% AVERAGE DAILY ATTENDANCE AND A FLAT BASIC ALLOTMENT.
WE PROJECT A TOTAL REVENUE OF 534.2 MILLION.
467.8 MILLION IS CURRENT YEAR PROPERTY TAXES WITH $1 MILLION FOR PRIOR YEAR TAXES.
ONE OF THE LARGEST INCREASE YOU SEE IS THE INVESTMENT INCOME.
WHERE WE SEE THE INTEREST RATE.
AS YOU KNOW, THE FED'S CONSISTENTLY RAISED THE INTEREST RATE, SO WE'RE PROJECTING $10 MILLION IN INTEREST.
THOSE NUMBERS PRETTY MUCH MAKE UP THE FIVE $34.15 MILLION FOR TOTAL REVENUE.
SO HOW DO WE SPEND THE DOLLARS? FIRST AND FOREMOST IS FOR SALARY AND BENEFITS FOR OUR STAFF.
OF THE $534.2 MILLION, $410.4 MILLION IS FOR SALARIES AND BENEFITS.
371,727 IS A ROLL FORWARD FOR THE SALARIES AND BENEFITS FROM LAST YEAR.
THE 8.7 MILLION IS THE 3% AND 2%.
THE 2936 FOR COMPENSATION ADJUSTMENTS ARE FOR THE EXTRA DUTY RATES INCREASES MENTOR STIPENDS THE 1 TO 1 SERVICE YEARS CREDITS FOR OUR REGISTERED NURSES AND CLASSROOM COVERAGE FOR WHEN TEACHERS ARE ABSENT.
THE POSITION DECREASE IS WE REDUCED OUR CUSTODIAL ALLOTMENT.
WE REDUCED THREE OF THE ACADEMIC SUPPORT POSITIONS FROM EACH OF OUR HIGH SCHOOLS.
WE REDUCED LIBRARY ASSISTANCE AND WE REDUCED CLASS SIZES, WHICH MAKES UP THE $9.5 MILLION.
THE NEW POSITIONS THAT WE INCLUDED ARE SPED OF 1.4 MILLION, AND THEN WE INCREASE OUR STRATEGIC STAFFING IN OUR SCHOOLS TO ADD ADDITIONAL ASSISTANT PRINCIPALS, AND THAT WAS LIKE
[00:15:05]
$0.8 MILLION.THE NEXT NUMBER TO HIGHLIGHT IS THE ESSER 9.6 MILLION THAT WE RESTORED TO COVER THE POSITION THAT WILL MOVE TO ESSER, AND THE MENTAL HEALTH SERVICES, AS YOU SEE AT THAT ZERO, WE HAVE ROLLED THOSE COSTS INTO THE 371.7 MILLION AT THE TOP.
SO AGAIN, OUR TOTAL FOR SALARIES AND BENEFITS OF 410,381.
OUR ALLOCATIONS TO OUR CAMPUS AND LIBRARIES WENT DOWN SLIGHTLY DUE TO ENROLLMENT.
WE ALLOCATE SUPPLIES AND THOSE TYPE THINGS BASED ON ENROLLMENT OF THE SCHOOL.
OUR DEPARTMENTS THE 43764 IS A ROLL FORWARD FROM THE 22-23 SCHOOL YEAR.
WE HAD ACROSS THE BOARD REDUCTION OF 5% OUT OF ALL DEPARTMENTS FOR THIS CURRENT BUDGET YEAR.
OUR PROGRAM INCREASES INCLUDE THE 1.6 MILLION FOR PROPERTY INSURANCE, A $400,000 [INAUDIBLE] PRICE.
$100,000 IN OUR RECRUITMENT BUDGET AND $100,000 FOR THE RROCK TEACHER ACADEMY.
THERE'S A THRESHOLD THAT WE HAVE TO SPEND ON CTE, AND SO WE WILL HAVE TO SPEND AN ADDITIONAL MILLION DOLLARS TO MEET THAT THRESHOLD, AND AS YOU CAN SEE, THE HIGHLIGHTED AREAS ARE RECAPTURE AND IT'S PROJECTED AT $77.9 MILLION, BRINGING OUR TOTAL EXPENSES TO 538414.
SO HOW DOES THIS TOTAL UP? TOTAL REVENUES OF 534150.
TOTAL EXPENSES IS 538414, WHICH HAS A DEFICIT OF $4.3 MILLION.
WE ADD INTO THE DEFICIT THE 3 MILLION FOR THE CONTINUATION OF THE 2022-23 MEDICAL INSURANCE COVERAGE THAT THE BOARD APPROVED OUT OF FUND BALANCE, WHICH INCREASES OUR DEFICIT TO 7.264 MILLION.
SO WE REMOVED THOSE FROM THE BUDGET, AND THE LAST INCREASE IS THE 12.67 MILLION THAT WILL GO TOWARDS THE 3% TO ALL STAFF BRINGING OUR TOTAL DEFICIT FOR THE 2324 SCHOOL YEAR TO $19.9 MILLION.
BY LAW, WE HAVE TO PRESENT THE BOARD THE BUDGET AS IT GOES BY, AS WE SAY, FUNCTION CODES, AS YOU SEE IN THOSE TITLES, AND AS YOU CAN SEE. FOR THE LOCAL REAL PROPERTY TAX REVENUE IS THE 463576.
THE JUMP AND OTHER LOCAL SOURCES IS THE INTEREST REVENUE.
AS YOU SEE DOWN IN THE STATE PROGRAMS REVENUE, THOSE TWO NUMBERS MAKE UP THE 20 I MEAN, THE $19.4 MILLION THAT WE'RE GETTING FROM THE STATE, AND THE INDIRECT COST MAKES UP THE 1.030 MILLION FOR THE FEDERAL PROGRAMS, AND OUR SHARS REIMBURSEMENT IS THE 9.5 MILLION.
SO THOSE NUMBERS ADD UP TO THE $534.150 MILLION.
EXPENSE SIDE. 48.7% OF THE BUDGET IS IN INSTRUCTION.
THAT'S WHY IT WENT FROM 1.85 TO 3.27% OF THE BUDGET.
THE DECLINE IN THE SECURITY AND FOOD IS DUE TO.
WE HAD A $654 MILLION CREDIT THAT WAS THERE FROM WE OFFSET OUR FOOD SERVICES.
WE MOVED THAT UP TO THE INSTRUCTIONAL FOR THE NEXT YEAR'S BUDGET AND THEN WE HAD SOME INCREASES WITH THE 0.28 CENT INCREASE IN THE ALLOTMENT AND ALL THE SECURITY AND SAFETY INITIATIVES THAT WE HAVE MOVING FORWARD.
PRETTY MUCH THE REST OF THE ITEMS STAYED PRETTY MUCH FLAT, AND THOSE PROPOSED BUDGET OF 538414 FOR EXPENDITURES, BUT BY LAW WE HAVE TO BREAK OUT THESE NEXT TWO SECTIONS.
THE STATUTORY REQUIRE FOR PUBLIC NOTICES WE PROJECT TO SPEND $9,000.
THAT'S NOT $9M, 9,000 TO POST THE TAX RATE.
[00:20:02]
THIS IS FOR OUR MEMBERSHIPS THAT INCLUDES SOME SORT OF TYPE OF LOBBYING FOR TASBO, TASB AND TASA , AND THAT CONCLUDES THE M&O BUDGET.LOOKING AT THE INTEREST AND SEEKING SINKING FUND BUDGET I&S OUR PROPERTY TAX COLLECTIONS PROJECTED AT 111.4. THAT'S WHAT THE [INAUDIBLE] TAX RATE.
THE MILLION DOLLARS IS INTEREST.
AS YOU CAN SEE, IT'S LARGE GROWTH DUE TO THE CHANGE BY THE FEDS.
THE $700,000 COMES FROM THE STATE FOR EXISTING DEBT ALLOTMENT.
FOR OUR TOTAL REVENUE OF $113.1 MILLION.
THE PRINCIPAL PAYMENT THAT'S DUE NEXT YEAR IS 53.6 MILLION FOR PRINCIPAL AND 34.3 MILLION FOR INTEREST, AND WE'RE PROPOSING A DEFEASANCE PAYMENT OF 25 MILLION PLUS 5 MILLION FOR THE BOND FEES.
THAT BRINGS US TO TOTAL EXPENDITURES OF 112.9 MILLION WITH 195,000 SURPLUS , AND HOW DOES THAT LOOK BY CODE LOCAL REVENUE AND INTERMEDIATE REVENUES IS THE 112379 WITH AGAIN, THE $700,000 BRING US TO THE 113079 DEBT SERVICE WITH THE DEFEASANCE PRINCIPAL AND INTEREST TO THE 112.
SO HOW DOES THIS LOOK TO A HOMEOWNER FROM 22-23 TO 23-24? SO THIS CHART SHOWS THAT A HOME THAT HAD A TAXABLE VALUE OF $500,000 WITH A 10% GROWTH GOES TO $550,000.
THE M&O TAX RATE WENT FROM 0.8046 TO 0.7284, WHICH IS THE MAXIMUM COMPRESSED RATE AND THE NO TAX RATE TIER TWO, WHICH IS YOUR GOLDEN PENNIES, GROWS FROM $0.05 TO $0.08.
SO THAT'S A THREE CENT GROWTH.
SO OUR TOTAL M&O RATE DROPPED FROM 0.8546 TO 0.8084, WHICH IS A 4.62 CENT DROP IN THE RATE FOR M&O.
THE I&S RATE DROPPED BY ONE PENNY.
SO THE TOTAL RATE OF 1.064 IS 0.562 LOWER THAN THE 22-23 TAX RATE.
SO YOUR HOMEOWNERS LIABILITY IN 22-23 WAS 5313.
IT WILL GROW TO 5,535.2 AT THE NEW TAX RATE.
OUR LOCAL REVENUE FOR FOOD SALES IS AT 11,000,000.7.
STATE REVENUE IS FOR THE SCHOOL MATCH LUNCH PROGRAM OF 55,000.
SO OUR TOTAL REVENUES IS 18.9 OR $19 MILLION.
THE EXPENDITURES IS ALL THE COST TO RUN THE FOOD SERVICE.
AS YOU KNOW, WE'RE UNDER A CONTRACT WITH A PROVIDER AND OUR MAINTENANCE SERVICES ON OUR EQUIPMENT IS $1.5 MILLION AND SECURITY AND MONITORING SERVICES OF 654,000. SO OUR TOTAL EXPENDITURES IS 17.2 MILLION.
WE'RE PROJECTING A SURPLUS OF $17.51 MILLION IN THE FOOD SERVICES BUDGET.
AGAIN, WE TAKE A LOOK AT IT BY THE APPROPRIATE CODES AS REQUIRED BY STATUTE.
YOU'LL SEE THESE NUMBERS LINE UP TO THE PREVIOUS PAGES, JUST OUTLINING THE CODES AS WE ARE DIRECTED TO PRESENT THEM.
AS YOU RECALL, I SAID THIS BUDGET INCLUDES A 20 CENT LUNCH PRICE INCREASE.
SO NEXT YEAR THE ELEMENTARY LUNCH WILL BE 305 IF APPROVED, AND THE SECONDARY LUNCH WILL BE 325, AND THAT SORT OF KEEPS US IN LINE WITH OUR NEIGHBORING ISDS, AND THAT'S ALL I HAVE, MA'AM.
THANK YOU VERY MUCH. TRUSTEES, DO YOU HAVE ANY QUESTIONS? TRUSTEE BONE. THANK YOU.
ONE OF THEM GOES TO FUND BALANCE, WHICH WASN'T DISCUSSED IN THIS.
I BELIEVE THERE ARE SOME SOME LAWS WITH FUND BALANCE THAT WE'RE SUPPOSED TO OR THE RECOMMENDATIONS, AND I WENT BACK TO NOVEMBER 17TH OF 2022 AND WE HAD A PRESENTER COME AND TALK ABOUT OUR FUND BALANCE AS A PERCENTAGE OF EXPENDITURES OF OUR GENERAL FUND, AND THEY MADE A COMMENT THAT I BELIEVE IT WAS TRUSTEE VESSA ASKED THE QUESTION IF THIS WAS A HEALTHY FUND BALANCE BECAUSE WE'VE BEEN DECREASING.
[00:25:01]
WE'VE BEEN HAVING DEFICITS EVERY YEAR FOR THE LAST FEW YEARS, AND THE RESPONSE FROM THE GENTLEMAN THAT CAME SAID, WE TYPICALLY LIKE TO SEE UNASSIGNED FUND BALANCE LESS THAN 25% APPROACHING 60 DAYS OR 30 DAYS.THAT WOULD BE A RED FLAG, ACTUALLY.
SO I GUESS MY QUESTION IS, WITH THE BUDGET THAT YOU'RE PRESENTING AND ALSO WITH THE BUDGET THAT'S ACTUALLY BEING PRESENTED LATER TONIGHT, THE AMENDMENTS FOR THIS YEAR'S CURRENT BUDGET, IT APPEARS TO ME THAT WE COULD BE DIPPING IN $40 MILLION, AROUND 20 MILLION BOTH YEARS, SO ANOTHER 40 MILLION OUT OF FUND BALANCE.
SO CAN YOU KIND OF TALK ABOUT WHERE OUR FUND BALANCE IS AND WHERE IS THIS RED FLAG? BECAUSE I DO REMEMBER THIS GENTLEMAN AND AGAIN, I HAVE THE TRANSCRIPT.
HE SAID, WE JUST HAD TWO YEARS WHERE IT'S OVER 20 MILLION COMING OUT OF THE FUND BALANCE.
IT'S NOT PART OF THE PUBLIC HEARING.
SO FUND BALANCE IS DIRECTLY TIED TO BUDGET, BUDGET AND FUND BALANCE GO...
I CAN'T--WE'RE NOT [INAUDIBLE], I'LL CONSULT WITH OUR ATTORNEY.
IS IT RELATED TO THE ITEM THAT'S POSTED ON THE AGENDA TODAY? THE BUDGET WILL, AS PROPOSED, WILL DIP INTO THE FUND BALANCE.
OKAY. CAN YOU ANSWER THE QUESTION, THOUGH? IS FUND BALANCE TIED TO THE TO THE BUDGET? I'M REALLY CURIOUS.
[INAUDIBLE] BUDGET INCREASES OR DECREASES THE FUND BALANCE.
SO THEY'RE DIRECTLY TIED TOGETHER? THEY'RE VARIABLES THAT ARE DIRECTLY TIED TOGETHER.
YES. THANK YOU. SO WE AREN'T SPECIFICALLY POSTED FOR IT.
I UNDERSTAND WHAT TRUSTEE BOARD PRESIDENT FELLER IS SAYING SO OR LANDRUM, SORRY, BUT IF YOU IF YOU THINK IT'S DIRECTLY LINKED TO THE 2023-24 BUDGET AND TAX RATE, YOU MAY ANSWER THE QUESTION.
AT THE END OF 22-23 NO 21-22 THE FUND BALANCE WAS ROUGHLY 169 MILLION. SO IF WE DIP INTO $40 MILLION, AS YOU SUGGESTED, THAT'LL GET US TO 129 MILLION, AND THAT'S STILL FAR EXCEEDS THE 60 AND 90 DAY CASH THAT WE'RE REQUIRED TO MAINTAIN IN FUND BALANCE.
SO THE GOING BACK TO 2022, HE SAID THAT IT WAS 143.1 WAS OUR FUND BALANCE AT THE FISCAL YEAR 2022.
I MEAN THAT'S ALL I CAN GO OFF OF IS WHAT'S PRESENTED TO THE BOARD.
SO IT WOULD HAVE BEEN NICE IF THAT WAS CAUGHT.
THEN 21 WAS 165.7, BUT AT THE END OF 2022, WHICH WOULD HAVE BEEN THIS TIME LAST YEAR IT WAS 143.
SO IF YOU TAKE OUT 40, WE'RE DOWN TO $100 MILLION.
CAN YOU DISCUSS WHAT THAT THE RED FLAG THAT THIS GENTLEMAN WAS TALKING ABOUT? AND CAN YOU TALK ABOUT IS THERE LAWS OR IS IT JUST A RECOMMENDATION? IT'S A RECOMMENDATION.
IT REALLY AFFECTS YOUR BOND RATING, BUT THE IT'S FOR FOR YOU TO HAVE CASH ON HAND TO PAY ALL BILLS UNTIL WE START RECEIVING TAX REVENUES IN JANUARY.
SO THAT'S WHY THEY SAY THAT 60 TO 90 DAYS IN OUR 60 TO 90 DAYS, LIKE I SAID, IS ABOUT 90 MILLION, AND SO WE WILL STILL BE ABOVE THAT 90 MILLION AND THOSE FUNDS WILL START COMING BACK IN JANUARY.
OKAY. I APPRECIATE THAT, AND THEN CAN YOU DISCUSS IF THE VADR DOESN'T PASS? BECAUSE I THINK THAT'S BEEN A LITTLE BIT WITH THIS PRESENTATION.
THIS IS ASSUMING THE VADR PASSES.
WE'RE STILL RUNNING A $20 MILLION DEFICIT OR 19 POINT.
IF THE VADR DOESN'T PASS, THEN IT'S LIKE A 32 MILLION, $31 MILLION DEFICIT.
IS THAT'S BEING PROPOSED? I JUST WANTED TO MAKE THAT CLEAR.
THE SALARY INCREASES WOULD BE LOWER.
IT WOULD ONLY BE 3% AND 2%, AND NOT THE SIX AND FIVE, AND WE WOULD STILL RUN A $30 MILLION DEFICIT, AND THAT'S WITHOUT THE VADR AND WITHOUT AND THEY ALSO WOULD NOT GET THE PAY RAISES THAT THEY WILL STILL GET THE 3% AND 2%.
YEAH, I JUST WANT THAT TO BE CLEAR TO THE PUBLIC AND TO THE BOARD, SO IT'S SAID OUT LOUD , AND THEN I HAVE A QUESTION, AND THIS COULD BE FOR THE ADMINISTRATION IN GENERAL WHO WOULD LIKE TO ANSWER THIS, BUT I ACTUALLY WENT BACK TO THE 2019 BECAUSE THAT SEEMS TO BE WHEN SOME OF THESE FINANCIAL ISSUES STARTED AND COMPARED TO 2022, 2023 AND GENERAL ADMINISTRATION HAS ACTUALLY INCREASED BY 40%.
IF YOU GO BACK, YOU CAN SEE YOU HAVE TO REPRESENT THE CATEGORIES IS WHAT YOU HAVE TO GIVE US, AND IT'S THE GENERAL ADMINISTRATION CATEGORY, AND I KNOW THERE'S A QUESTION THAT WAS PRESENTED, I BELIEVE, IN A BOARD MEETING BY TRUSTEE HARRISON, AND SHE ASKED ABOUT ADMIN POSITIONS THAT HAD BEEN POTENTIALLY DECREASED AND THERE
[00:30:10]
WAS CONVERSATION, AND I JUST WANTED THE ADMINISTRATION TO BE CLEAR TO THE PUBLIC AND THE BOARD, BECAUSE I BELIEVE WE GOT IT IN A BOARD UPDATE THAT THERE HASN'T BEEN ANY DECREASE IN ADMINISTRATIVE POSITIONS, AND ACTUALLY SINCE 2019, THERE'S BEEN A 40.7% FROM 2019 TO 2022, AND IT'D BE ABOUT A 40% INCREASE FROM 2019 TO PROPOSED BUDGET IN THE GENERAL ADMINISTRATION.SO I WOULD JUST LIKE THE ADMINISTRATION TO DISCUSS THAT AND EXPLAIN WHY THAT IS AND WHERE IS THAT MONEY GOING AND WHY THOSE POSITIONS MAYBE HAVE INCREASED LIKE THAT AND CAN'T BE PUT INTO INSTRUCTION OR AND I WOULD SAY, I DON'T KNOW IF YOU ALL HAVE THAT DATA WITH YOU THAT THEY'RE PREPARED TO DISCUSS THAT.
SO I DON'T KNOW IF DENNIS HAS THAT INFORMATION.
CAN I ASK YOU A QUESTION? I'M AN ELECTED OFFICIAL SITTING HERE TRYING TO MAKE A DECISION.
IS IT YOUR JOB TO DETERMINE WHAT INFORMATION I NEED? POINT OF ORDER. I'M JUST.
NO, I'M ACTUALLY. I'M ASKING A QUESTION.
WHAT IS YOUR POINT? TRUSTEE HARRISON.
THIS IS A HOSTILE WORK ENVIRONMENT, AND WE NEED TO RESPECT STAFF.
IT IS A HOSTILE WORK ENVIRONMENT.
I AM BEING SHUT DOWN AS AN ELECTED OFFICIAL.
ACTUALLY. SHE'S TRYING TO MAKE SURE, AS OUR LEGAL COUNSEL, THAT WE ARE STAYING ON OUR POSTED AGENDA, WHICH IS HER JOB, TO MAKE SURE THAT WE DO NOT VIOLATE THE TEXAS OPEN MEETINGS ACT. SO YOU CAN CHOOSE NOT TO ACCEPT HER LEGAL ADVICE OR YOU CAN CHOOSE TO ACCEPT IT, BUT IF OUR ATTORNEY ADVISES US TO BE CAREFUL ABOUT WHAT WE'RE TALKING ABOUT, WE MUST FOLLOW WHAT IS POSTED ON OUR AGENDA.
YEAH, I'M ACTUALLY ASKING HER WHAT MY JOB IS HERE.
WHAT IS MY JOB, VALERIE? IS MY JOB HERE TO GET ENOUGH INFORMATION? DIRECT YOUR QUESTIONS TO OUR CFO, PLEASE.
IF YOU HAVE QUESTIONS WITH OUR ATTORNEY, WE NEED TO HANDLE THAT IN CLOSED SESSION.
YOU HAVE RECEIVED LEGAL ADVICE TO PLEASE BE VERY CAREFUL ABOUT STAYING ON THE POSTED AGENDA TOPIC.
OKAY. FOR ONE THING, THAT IS NOT THE LEGAL ADVICE SHE WAS GIVING.
I'M COMPARING 2019 TO 2022-2023 BUDGET.
SO I CAN'T COMPARE BUDGETS IS THAT I JUST WANT TO UNDERSTAND, I WAS JUST MERELY GOING TO SAY BEFORE I WAS CUT OFF BY YOU TO SAY THAT THE 2023-24 BUDGET AND TAX RATE IS WHAT'S ON THE AGENDA TONIGHT.
OKAY. SO I CAN'T TALK ABOUT ANYTHING.
CAN I HAVE A POINT OF ORDER AND JUST SAY I MEAN WE HAVE I2 ON A WHOLE SEPARATE AGENDA FOR OUR OTHER MEETING, WHICH IS NOT THIS PUBLIC HEARING, WHICH IS VERY LIMITED, AND YOUR QUESTION MIGHT BETTER BE SERVED THERE LEGALLY THAN IT WOULD BE DURING THIS PUBLIC HEARING WHEN WE'RE ONLY SUPPOSED TO BE TALKING ABOUT 2023-2024.
OKAY. I'M TRYING TO GET INFORMATION ON THE 2023 BUDGET AND I'M COMPARING IT TO THE 2019 BUDGET.
HEY, MAYBE IF YOU LET PEOPLE LIKE HAVE INFORMATION AND MAKE DECISIONS, MAYBE SCHOOL DISTRICTS ACROSS TEXAS WOULD DO BETTER? TRUSTEE BONE, DID YOU ASK FOR ANY OF THIS INFORMATION AHEAD OF TIME WHEN IT WAS TIME TO SUBMIT QUESTIONS FOR ANY OF ACTUALLY THIS QUESTION HAS BEEN ASKED, BUT DID YOU TRUSTEE HARRISON PREPARED TO DISCUSS IN THIS TONIGHT'S MEETING? WHEN DID I ASK AGENDA MATERIAL? TEN DAYS AGO. I SIT IN BOARD MEETINGS ALL THE TIME.
HOW MUCH DO YOU ALL GET PAID? I MEAN, I THINK YOU GUYS SHOULD KNOW SOME OF THIS INFORMATION.
DID YOU SUBMIT THESE QUESTIONS FOR THEM TO BE PREPARED TO DISCUSS THIS THIS EVENING.
ARE THEY NOT PREPARED? DO THEY NOT KNOW THEIR JOB? YOU'RE YOU'RE NOT ANSWERING MY QUESTION.
YEAH, I DON'T HAVE TO ANSWER YOUR QUESTION.
OKAY. SO I DIDN'T RECEIVE ANY QUESTIONS FROM YOU AND DR.
AZAIEZ DIDN'T FORWARD ANY ANSWERS TO ANY QUESTIONS FROM TRUSTEES.
NO, ACTUALLY, I'M ASKING THE QUESTION THAT'S ALREADY BEEN ASKED.
THIS QUESTION WAS ASKED IN A BOARD MEETING.
THIS QUESTION WAS GIVEN IN A PRIVATE EMAIL THAT THE BOARD GETS THE COMMUNITY.
EVERYBODY IN THE COMMUNITY SHOULD HEAR THIS.
HAVE ADMIN POSITIONS BEEN CUT? AND WHY IS OUR ADMIN POSITION CALLED GENERAL ADMINISTRATION? IN THE 2023 BUDGET INCREASED TO 40% FROM 2019, WHEN OTHER CATEGORIES SUCH AS INSTRUCTION HAS ONLY INCREASED BY 13%. THAT'S ALL I'M ASKING.
HERE'S MY ANSWER IF YOU ALLOW ME.
NUMBER ONE, NONE OF US WERE HERE IN 2019, SO I DON'T KNOW WHAT HAPPENED.
BONE, WE'D HAVE DONE SOME MORE RESEARCH.
NUMBER TWO, ACTUALLY, WAIT, JUST PAUSE THERE.
[00:35:09]
THAT SHE HAD GOTTEN QUESTIONS FROM.I DON'T KNOW WHO, BUT THAT WAS THE QUESTION AND THIS WAS THE ANSWER.
I KNOW [INAUDIBLE] I CAN GIVE YOU SOME EXAMPLES, AND THAT WAS IN THAT EMAIL, FOR EXAMPLE, BEFORE I GOT HERE, EVERY VERTICAL LEARNING COMMUNITY HAS AN AREA SOUP AND HAVE AN EXECUTIVE DIRECTOR THAT WORKS DIRECTLY WITH AN AREA SUP'.
WHAT WE DID SINCE I GOT HERE IS ELIMINATE THAT POSITION.
SO WE ONLY HAD AREA SUP' WORKING WITH THE VERTICAL LEARNING COMMUNITY.
I CANNOT SPEAK WHAT HAPPENED BACK IN 2019.
SO YOU DON'T KNOW BETWEEN 2019, WHICH YOU GOT HERE IN 2020.
2021. SO YOU DON'T KNOW WHAT'S HAPPENED AND HOW WE'VE INCREASED BY 40%.
I DIDN'T WE DID NOT GO BACK TO 2019.
I'M SORRY. I JUST WORK WITH BIG COMPANIES THAT THIS WOULD BE STANDARD PRACTICE.
I JUST I APOLOGIZE. [INAUDIBLE].
THANK YOU. WE'RE NOT EVEN COMPARING APPLES TO APPLES.
IT'S UNFAIR TO DO A GOTCHA TO THE ADMINISTRATION.
WE HAVE MORE THAN ENOUGH TIME TO ASK ANY QUESTIONS.
THE OVERALL BUDGET WAS A DIFFERENT AMOUNT THAT YEAR THAN IT IS THIS YEAR.
SO YOU CAN'T JUST DIVIDE THAT AND GET THE INCREASE BECAUSE IT'S NOT APPLES TO APPLES.
IT LOOKS TO ME WHEN I LOOK AT IT THAT IT GREW PROPORTIONALLY AND RECAPTURE.
YES. SO REALLY, IF THERE'S NO MORE QUESTIONS, I WOULD LOVE TO MOVE ON.
THIS IS JUST A PUBLIC HEARING, AND WE DO HAVE THIS ITEM.
IN THE NEXT ACTUAL BOARD MEETING.
DO I HAVE ANY OTHER QUESTIONS FROM TRUSTEES? THE ONLY THING THAT I WANT TO MAKE SURE IS REALLY CLEAR ON SLIDE 15.
WE ALWAYS REFER TO THE 78 MILLION OR WHATEVER THAT WE ARE SENDING BACK AS RECAPTURE, BUT ON SLIDE 15, IT'S FUNCTION 91 CONTRACTED INSTRUCTIONAL SERVICES BETWEEN SCHOOLS.
SO I JUST WANT TO MAKE IT CLEAR FOR ANYBODY THAT'S LOOKING AT THAT SLIDE TO LOOK AT OUR EXPENSES, AND ONE THING THAT I THINK THAT WOULD BE INTERESTING IS IF YOU TAKE OUT THAT 14% OF WHAT WE ACTUALLY AND LOOK AT THE MONEY THAT WE ACTUALLY HAVE TO WORK WITH, I'D LOVE TO SEE LIKE THE PERCENT OF BUDGET THAT WE HAVE LEFT AFTER THAT, AND OBVIOUSLY I COULD HAVE ASKED THAT AHEAD OF TIME, BUT I DIDN'T EVEN THINK ABOUT IT UNTIL I WAS LOOKING AT THAT SLIDE AND JUST MAKING SURE THAT WAS CLEAR, BUT WE ARE SENDING 14.5% OF OUR BUDGET BACK TO THE STATE THAT WE HAVE NO ABILITY TO CONTROL OVER WHATSOEVER.
SO I JUST WANT TO MAKE SURE THAT WAS REALLY CLEAR.
ANY OTHER QUESTIONS? CAN I ACTUALLY, I DID THAT ACTUALLY I PUT TOGETHER A SPREADSHEET WHERE I ACTUALLY TOOK OUT RECAPTURE, WHICH IS, LIKE YOU SAID, CONTRACTED INSTRUCTIONAL SERVICES BETWEEN PUBLIC SCHOOLS, AND AGAIN, I DID THIS BETWEEN 2019 AND 2022, WHICH IS ACTUALLY VERY SIMILAR TO THE 2023 BUDGET, AND WE HAVE ACTUALLY INCREASED REVENUE IF YOU TAKE THAT OUT.
SO NOW YOU'RE COMPARING APPLES TO APPLES BETWEEN 2019 TO 2022, OUR TOTAL REVENUE HAS ACTUALLY INCREASED BY 10% AND OUR TOTAL EXPENDITURES PER STUDENT MINUS RECAPTURE HAS INCREASED BY 23%.
SO THAT'S GREAT AND I APPRECIATE THAT YOU DID THAT.
I WOULD LOVE THAT TOO, BUT I ASK FOR YOU.
JUST ASK FOR IT. I PROBABLY WOULD HAPPEN AND WE DON'T.
OKAY. ANY OTHER QUESTIONS? I JUST WANT TO ADD THAT SOME OF THE STUFF LIKE SOMETIMES WE FORGET, RIGHT? LIKE LAST YEAR ALONE IN COMPENSATION BECAUSE OF THE INFLATION AND ALSO, YOU KNOW, THE COMPETITIVE, I GUESS EDGE TO RETAIN AND RECRUIT HIGH QUALITY TEACHERS AND STAFF JUST FOR COMPENSATION ALONE BETWEEN
[00:40:01]
INCREASE IN SALARIES AND ALSO WHEN IT CAME TO STIPENDS, WE SPENT OVER EXTRA OVER $20 MILLION THAT BACK IN 2019 OR 2020. THE DISTRICT DID NOT HAVE TO SPEND.SO IN THE SPAN OF TWO YEARS, OUR DISTRICT IS INVESTED IN WHAT WE SHOULD BE INVESTING WHICH IS IN PEOPLE LIKE IN TEACHERS TEACHERS FOR THEM TO STAY AND CONTINUE DOING AN AMAZING WORK THEY'RE DOING HERE FOR OUR STAFF WHO'VE BEEN SUPPORTING THE WORK THAT'S HAPPENING IN OUR CLASSROOMS. SO OUR DISTRICT IS ACTUALLY INVESTING WHERE IT SHOULD.
WE SHOULD BE INVESTING. SO I'M PROUD OF WHAT THE WORK WE'VE DONE, AND I'M ALSO PROUD OF THIS BOARD WHO WERE ABLE TO APPROVE ALL THIS EXTRA COMPENSATION AND WE'RE SEEING THE BENEFIT OF IT. WE'RE SEEING OUR STUDENTS BEING SUCCESSFUL.
SO AND THEN WE'RE GOING TO CONTINUE INVESTING IN PEOPLE AND IN TEACHERS.
SO AGAIN, WITHIN TWO YEARS, IF EVERYTHING GOES WELL WITH THE VADR, WE HAVE INVESTED MORE THAN $40 MILLION JUST IN COMPENSATION, ALMOST $45 MILLION WITHIN TWO YEARS EXTRA INCREASE.
ALL RIGHT, LET ME CHECK. DO I HAVE ANY ADDITIONAL PUBLIC SPEAKERS? OKAY, I HAVE ONE.
WE HAVE ONE MORE PUBLIC SPEAKER, AND THEN WE WILL CONCLUDE OUR PUBLIC HEARING.
THEY'RE ALLOWED TO GIVE ME ONE MINUTE.
I JUST WANT TO CLARIFY A FEW THINGS FOR THE PEOPLE WHO MIGHT BE WATCHING.
WE'VE LOST ANOTHER $20 MILLION IN THE HEALTH INSURANCE PART LIKE THIS LAST YEAR, AND WE'RE STILL CHOOSING NOT TO GO OUT FOR FOR BIDS OR LOOK FOR ANY OTHER OPTION FOR OUR TEACHERS, FOR OUR STAFF AND SO THOSE ARE CHOICES THAT WE'RE MAKING THAT ARE AFFECTING OUR BUDGET, THAT ARE AFFECTING THE FACT THAT WE CAN'T HAVE LIBRARY ASSISTANTS, AND WE'VE ALSO CHOSEN NOT TO ASK THE FAMILIES THAT HAVE LEFT OUR DISTRICT WHY THEY'RE PULLING THEIR KIDS OUT OF SCHOOL.
IT'S THE MONEY THAT WE'VE PUT INTO OUR BUDGET DISHONESTLY.
IT'S THE MONEY THAT WE SAY THAT WE'RE GOING TO THAT WE NEED FOR THE STUDENTS THAT WE DON'T HAVE, AND IT'S THE MONEY THAT WE SAY THAT WE'RE GOING TO MEET A CERTAIN ATTENDANCE RATE AND WE DON'T, AND SO THEN THE STATE TAKES BACK ALL THAT MONEY AND THEN YOU GUYS THROW THAT ALL INTO RECAPTURE AND POINT AT THE LEGISLATURE AND YOU POINT AT THE STATE, BUT REALLY, IT'S THE MONEY THAT WE DIDN'T DESERVE IN THE FIRST PLACE THAT SHOULDN'T HAVE BEEN IN OUR BUDGET IN THE FIRST PLACE, AND SO THE, AND I JUST THINK PEOPLE NEED TO UNDERSTAND THAT. THANK YOU VERY MUCH.
ALL RIGHT. IT IS 6:13, AND THIS HEREBY CONCLUDES OUR PUBLIC HEARING.
WE
* This transcript was compiled from uncorrected Closed Captioning.