Revenue:
Local Tax revenue $251,801,000
State contribution $37,523,000
Federal contribution $312,000
Other funds $86,552,525
Total revenue $376,188,525
Other resources:
Medicaid benefits* $1,346,000
Workers compensation transfer $2,450,000
Total other resources $3,796,000
Total Revenue $383,482,525
Revenue Changes for 1995-96
Loss of state contribution – $20,001,000
“Savings Account” draw** – $2,714,271
Additional state contribution
for increased enrollment + $1,602,000
Additional property tax + $9,740,000
Miscellaneous fees + $171,000
Net loss of revenue – $11,202,271
To balance the $11.2 million deficit, AISD identified
$8,164,000 of revenue in additional Medicaid fees,
investment earnings, and worker compensation funds, and cut
school programs by $3,038,271.
* For providing special education programs, school
districts receive a Medicaid “fee for service” from the federal
government.
** The “savings account” is money set aside in the AISD
General Fund to ensure a healthy bond rating.
This article appears in June 2 • 1995 and June 2 • 1995 (Cover).