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Special School District of St. Louis County
 

Finances

Assessed valuation 2018–2019


Assessed valuation is the taxable portion of the market value of real estate and/or personal property, such as cars or boats. SSD encompasses all of St. Louis County and the portion of Jefferson County served by Rockwood School District. SSD’s countywide status allows the District to use the total assessed valuation of the area within its boundaries in determining its tax rate. For 2018–2019, the valuation of the area within the District’s boundaries is $24,724,810,539.

SSD tax rate 2018–2019


By state law, residential property is assessed at 19 percent of its market value. This means that taxes paid to SSD on a home valued at $100,000 would be $227.62 annually based on the 2018–2019 tax rate of $1.198 per $100 assessed valuation. As with assessed valuation, the SSD tax rate applies to property in St. Louis County and the portion of Jefferson County served by Rockwood School District.

(0.19 x $100,000 x 1.1980) = $227.62
                    $100

Financial summary


Following is a summary of revenues, expenditures and balances.

Summary of Revenues, Expenditures, Balances ($ in 000s)
  Actual
FY15
Actual
FY16
Actual
FY17
Actual
FY18
Budget
FY19
Beginning fund balance $173,685 $201,571 $225,353 $242,053 $267,947
Revenues $422,520 $425,140 $433,163 $452,937 $449,028
Expenditures $394,635 $401,358 $416,463 $427,043 $460,197
(Deficit) Surplus $27,885 $23,782 $16,700 $25,894 ($11,169)
Ending fund balance $201,571 $225,353 $242,053 $267,947 $256,778
Fund balance percentage not adjusted for facilities plan obligation 51.1% 56.1% 58.1% 62.7% 55.8%
Facilities Plan Obligation
Ending fund balance $201,571 $225,353 $242,053 $267,947 $256,778
Facilities plan obligation $79,706 $66,868 $55,151 $52,973 $43,184
Ending fund balance adjusted for facilities plan obligation $121,865 $158,485 $186,902 $214,974 $213,594
Fund balance percentage adjusted for facilities plan obligation 25.7% 33.8% 39.6% 44.8% 42.4%
Updated February 2019

A complete copy of the FY19 budget can be viewed in the superintendent's office during business hours or to request a copy, call 314.989.8281.

Per-pupil costs 2017–2018


School districts maintain data that track the average cost of educating each student. This data, referred to as the cost per pupil, is calculated by dividing the District’s total operating expense budget by the total number of students being educated (eligible pupils).

However, SSD serves more than 23,000 students* for whom it does not take attendance, and as such, expenditures per eligible pupil are not relevant. SSD calculates its per-pupil expenditures by using current expenditures divided by the total number of students receiving special education services from the District as of Dec. 1, 2017. The amount for 2017-2018 is $15,146 per pupil.

This amount presents a more accurate picture of the District’s per-pupil expenditure than does the standard state calculation on an eligible pupil basis.

*Ninety-seven percent of these students receive special education services from SSD staff in a school in their local school district. It is the responsibility of the local school district to take attendance on all students who attend school in its buildings, primarily for funding purposes. While SSD has records on each student served by our District, we may not necessarily be the district that records the actual attendance for that student.
Revenues/Expenditures

For the 2017–2018 school year, the District’s total operating revenue was $453 million, with expenditures of about $427 million.

FY18 revenues by source
(in thousands)
:

Local — $315,825 (70%)
(Includes Local, County, Non-current and Contracted)
State — $95,786 (21%)
Federal — $41,327 (9%)

FY18 expenditures
(in thousands)
:

Staff Salaries — $273,943 (64%)
Staff Benefits — $92,605 (22%)
Purchased Services/Supplies — $43,702 (10%)
Capital Outlay — $16,793 (4%)

 
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12110 Clayton Rd, Town & Country, MO 63131  /  314.989.8100  /  314.989.8552 – 711 (Missouri Relay)

Special School District of St. Louis County (SSD) is a leader in providing special education services to students with disabilities and also provides a wide range of career and technical education programs.
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