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Board of Directors (HSCIN) Hoover High School Investigation Archive
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School Finances are probably the least understood aspect of a school system and yet are extremely important to the proper functioning of a school system.
Read School Finance is the Key to the Whole Enterprise, posted by Edsource.org to get a good overview of spending and revenue and why a good plan needs to be in place to ensure student and community success.
The School System's Alabama State Department of Education Report Card gives a lot of information about our system's finances.
2005-2006 Hoover City School System Report Card
Guide to Understanding the Hoover City School District Budget
Community Guide to Understanding the Hoover City School District Budget, September 2007. The guide has now been updated to reflect the 2007-2008 school budget.
Community Guide to Understanding the Hoover City School District Budget, August 2006. An easy-to-read primer to help you understand the various portions of our school budget.
This report was prepared by the HSCIN using a template from a Greenville, South Carolina school system.
Board-Approved Expenditures Analysis Report -
posted 01/04/08Click the link to view the HSCIN's analysis of expenditures approved by the current 5-person Board of Education. These expenditures have been categorized into one of ten categories: Personnel (other than payroll), Academics, Athletics, Fine Arts, Special Education, School Buildings Buses and Maintenance, Technology, Professional Development, English Language Learners, and a Miscellaneous Category with explanation. Cash Disbursements and payroll amounts are included as well.
Recognizing that not all expenditures are brought before the Board for their approval, we believe it is important to note those that have been approved by this Board. We will update this report as needed.
Financial Information Given to Board of Education at April Work Session - posted 04/14/08
Budget Documents - posted 04/13/08
Each year our school system holds Budget Hearings prior to approving the fiscal year budget. The school system's fiscal year runs from October 1 to September 30. The name of the budget refers to the year the budget ends, i.e., FY04 is the 2003-2004 school year.
FY04 Budget
FY05 Budget
FY06 Budget
FY07 Budget - look at last two pages for school system
budget
FY08 Budget - look at last two pages for school system
budget
Financial Information from State Report Cards - posted 04/13/08
Each year, the State Department of Education releases report cards on school systems after the year is over. The links below will display only the page on school finances. For the full report cards, visit the Alabama State Department of Education website and go to "Reports", then use the pull-down menus to select "Hoover City Schools" and "Entire System".
FY03 Financial Information
FY04 Financial
Information
FY05 Financial
Information
FY06 Financial
Information
FY07 Financial
Information
School District Budget Breakdown - posted 09/08/07
We have prepared a few breakdown reports to further inform you of the District Budget proposals being voted on at the September 10 Board of Education meeting. Click on the Document Title to read the breakdown:
Budgeted Amounts/Spending per Student by School/Total
Funding of Teaching Units by School/State, Federal and Local Breakdown
Amounts Allocated to Each Hoover City School - posted 01/10/08
Click to view the amounts distributed to each school based on the formulas included in the budget.
New Guidelines in Place for Financial Accountability of School-Related Organizations - posted 12/12/07
Actual Guidelines Issued by State Department of Education
In accordance with the School Fiscal Responsibility Act, passed in June, effective in October, Hoover City Schools will post financial statements on a monthly basis. Click to link to those statements.
School Funding - Revenues
Schools are primarily funded from three sources: Federal, State, and Local revenues.
Federal Sources of Revenue
Federal sources are primarily attached to at-risk or special needs students. The Federal Government is NOT the primary source for school funding---States are responsible for funding their state school systems.
State Sources of Revenue
State sources usually make up the largest part of a school system's funding unless the system's residents recognize the need to provide additional services that the State does not fund.
The Alabama State Foundation Program allots state funding based on a number of calculations that are, not surprisingly, difficult to follow. The State Department of Education created a document explaining these calculations; click here to view that document. Average Daily Membership (ADM) from the previous school year's time period from the 20 days following Labor Day is used to calculate allotments.
Local Sources of Revenue
Local sources include property taxes, other ad valorem taxes and contributions from the City of Hoover. Local bond issues and the recent receipt of $85 million from the Jefferson County 1% Sales Tax are also included in this category.
School Funding - Expenditures
Board-Approved Expenditures Analysis Report - posted 01/04/08
Click the link to view the HSCIN's analysis of expenditures approved by the current 5-person Board of Education. These expenditures have been categorized into one of ten categories: Personnel (other than payroll), Academics, Athletics, Fine Arts, Special Education, School Buildings Buses and Maintenance, Technology, Professional Development, English Language Learners, and a Miscellaneous Category with explanation. Cash Disbursements and payroll amounts are included as well.
Recognizing that not all expenditures are brought before the Board for their approval, we believe it is important to note those that have been approved by this Board. We will update this report as needed.
Amounts Allocated to Each Hoover City School - posted 01/10/08
Click to view the amounts distributed to each school based on the formulas included in the budget.
District Budget
The 2007-2008 Budget reflects state, federal and local revenue and distributions to each school under the State Foundation Program.
Click here to view the 2007-2008 Budget.
Click here to view the 2006-2007 Budget.
The Salary Schedule is posted here due in part to the fact that faculty and administrators' salaries are projected to make up approximately 85% of operating expenditures for 2007-2008.
Chief Financial School Officer (CFSO)
Click to view the Alabama Administrative Code that dictates policy regarding a school system's Chief Financial School Officer.
