So when you see preschool D PSD here, okay, we have about 90 students in our preschool program at Coyote alone. Okay, um uh 70 of those kids are special ed. Now they count at half. And you're going to go, wait a minute, it only shows 25. Well, that's because these data are from January 15th. This report comes out the 15th of each month, but the data reflects the 15th of the prior month. It's always a month. The data are always a month behind. We have continued to enroll preschool disabled students since January 15th. So, we are now at 72. Okay. So, this number will go up Monday when I can print out the new one of these. It may not go up that many because it will be the data from February. Yeah. Not for March. Okay. See how this gets tricky. Mhm. Okay. So, those kids count only half.
And then then in the next one where it says K to 8 and ungraded UEE um uh the kindergarteners reflected in that number of 1930 students, the kindergarters only count as half. Half. Okay. Kindergarters only count as half. We're going to come back to this because we're going to talk about the waiting in a little bit. Okay. So the base level amount, I wanted you to have that term. So this is the base level. This is the amount of money that uh the legislature determined for school districts, for our school district anyway, for school districts to use in their budget calculations. So, $5,13 per student. Okay. Where does that show? What? 53. Oh, okay. Yeah, it's not on it's not it's on the next page. I don't have a slide of the next page, but I gave you the whole DSA 55-1 so you can see where I got many of these numbers.
Right now, we can flip back to this page as we go through the next part. So, now we're going to start the calculations. Oh, first of all, I'm going to show you this page. So, you can see that I've highlighted on the on the screen the things that I pointed out to you in the handout. Okay. Okay, now we start the calculations and this is for M budget. So you ready? There won't be a test. There won't be a test. Okay, so the unweighted ADM, so we're looking at this first row up here. The unweighted ADM times a support level is going to give us our regular education weighted ABM. This one should be pretty easy to follow because you're looking here at these numbers that we looked at for preschool for K through 8. Here is the weight. So, I find it kind of ironic that the preschool kids, the preschool special ed kids only count at 50 50% but then they get weighted again at 1.45.
So we actually get about 65 for them for funding and uh the K8 gets weighted at 1.158. So that gives us our weighted regular ed weighted number 2272.9159 following so far and that's dollars per student per year. Well, that's the number of students right there. That's the number of students. This is students. Student number. Okay. Okay. So, this is our weighted regular edm. Got it. Yeah. Okay. Then you calculate the group B and you do the same thing. You start with the unweighted ADM which is down here at the bottom. and it's 38 51.5221 and those various weights and we end up with this 768 students. Okay, so we have the regular ed weighted ADM that we add to the group B weighted ADM. This is in the third box. Okay. and we end up with our weighted ADM. So it looks like on paper for calculation purposes that we have just over 3,000 students for calculation purposes.
So in the fourth box then you see that's where that's the number we multiplied times $5,13 and then they let us add the cost for uh the annual audit. It's a funny place to add it but they they had it right there. The $28,800 that it cost us for our annual audit. And so you can see our adjusted base support level is 15,265 plus in this handout that I gave you where I did not do uh did not put it all on the screen. You can see that on page two. You can follow it on page two. We're not done. You see an arrow there. I didn't see the Indian stuff. I didn't see the Indian. Okay. So now we take that adjusted base support level and we add our transportation revenue control limit. Okay. So, you see an asterisk there and I have the white box at the bottom that explains how that all gets calculated.
Um, and I at first I wasn't even going to do all that and then I thought you might want to know. So, I'm not going to go through what's in the white box, but you can see that there are steps in that and that's on page three of the of this handout that I gave you. Page three of the BSA 55-1. So our our transportation revenue control limit which means anytime it says a revenue control limit it means we cannot exceed expenditures in that part of the budget for that amount of money. Okay. So, I cannot exceed $1,74,86529 on transportation costs unless I absorb it in the rest of the budget. Okay? So you add those two numbers together and that gets us what is called the revenue control limit which is 16,19872071 for M budget I cannot exceed that number. So as I build the budget anything that gets purchased out of M the total cannot exceed this number.
Okay. So if we buy a bus, is that part of this? No. Bus is in the cabin. Okay. Okay. This is our operating budget. Okay. So if I slip up sometime in a meeting and talk about the RCL, I try not to do that because we are we stream and there are people who watch us, a few people who watch us who are not going to know what that is and you're going to forget what it is. Um uh but I think about it all the time. That's all the marbles in the bucket. That's it. When the marbles are gone, that's it. We're done. Can't can't give up any more bar marbles. And I really can't get them any place else. Okay. Put a little asterisk next to that, but I really can't get them any place else. So the RCL plus any carryover I have from the pre prior year's budget plus the little prop 123 which I told you is less thanund it's about 140,000 equals our M budget.
So each month when I give you the budget report, I give you that summary page and at the bottom under budget, it's going to total some number like this. Okay, I'll explain a little later why I say some number like this. Okay, but it's really close to this. So our M budget is in the range of 18,846,000. So when I'm working in the budget document, there are pages at the back that have calculations and and and all and data and all that stuff and I plug the numbers in there from this from the BSA 55-1 and then it calculates things for me. Carolyn. Yeah. If I I know a lot of districts go into debt and I know the high school district was deeply in debt and I went through that, but uh what happens if you go over I mean literally what you get in trouble.
Okay, that's it. But I mean there I know that the next year you have to they they dock you and everything like that because we went through that. But I I Judy I it it blows my mind that anybody would do that. I have absolutely no understanding because it was huge of how a school district can be $28 million a year. I have no idea how that can happen. Phoenix area, there's a couple of them like that. Yeah. And there there are districts there are a couple of other districts that are not in receiverhip. We all have seen in the paper about Isaac school district being in receiverhip which means the state has taken over has hired somebody to take over the school district and and get it sorted out. Okay. Um there are a couple of others uh in the state several I don't even know who they are because I hate to say it this way but I don't really care.
I only care about us but uh in this sense right um that have had maybe a million dollars over you know whatever and so this the auditor's office the auditor general's office comes in and helps them figure out okay what can you do about this? So I remember my daughter was in high school our daughters were in high school when crushed was about $2 million in the red. Yeah. And for the four years that our daughters were in high school, the district had to cut their budget to make up 1/4 of that $2 million. Okay. Hence, they were in classes. Some of their classes had 50 students. I was I remember. I remember. You remember? Yes. Because you do whatever you have to do to cut that amount of money out of your budget. And if you think about it, because that's over 20 years ago, half a million dollars was a heck of a lot more money then than it is now, right?
And um uh so, you know, those are significant cuts. Um 2 million out of a say a $14 million budget. That's significant. I would I don't I can't even begin to understand 28 million. I can't even Yeah. You know, that's almost double our budget. Yeah. And to be that much in the red, I don't know how you get there unless you just keep writing checks and spending money that you don't have. That's the only way you can get there. Yeah. Okay. Thank you. Yeah. Reminds me of the story about the guy who called the bank and complained. He says, "How can you tell me I'm out of money? I still have checks left." Exactly. Exactly. That must be the That must be the mentality. Yes. Um, it's it's kind of like this is a squirrel walk, a bit of a one, but I can see how this happens.
So, when my daughter was little, my husband and I both had direct deposit. So, she never saw us put money in the bank ever, right? And yet, we'd go buy groceries. We'd go do whatever. We'd write checks. We'd use our cards. So, she only ever saw us spending money. And she was maybe four or five. And so, she wanted something. Mom, on the way home, can we stop and get whatever it was? And I said, "No." I said, "We don't have the money." And she goes, "Well, use your card, Mom." And I said, "We don't have money." And she couldn't figure that out. So, I thought, "Okay, I better have a a a four-year-old level conversation about the fact that mom and dad earn money and it goes into the bank and she doesn't see what goes in there." But that just because I have the card doesn't mean that I can spend what's not there.
Um, it's kind of that thing. It's like I still have chess left, right? Yeah. Don't know how we do that. Okay. So, there's that 18 million. Now, we'll talk about capital. This is the DAA and for us that is the capital. It's all we get for capital. Um, and so this one gets this one gets a little tricky because and it's on page if you want to follow along all the detail part. Uh, it's on page four. Okay. Now, so this is this is based on the prior year's enrollments. So look at that preschool special ed number that's 18.67 instead of this year's 225 point something, right? However, the K8 and the UEE are higher. They're at 2012 as opposed to 1930. So that probably balances out. The legislature decides each year two things. The second one dependent on the first. Each year the legislature in the budget talks decides are we going to continue district additional assistant funding.
They have not decided yet for next year. If they say yes, then they determine the amount of money. Okay, so for the current year it's $54945 and so you can see how that calculates out. So our unrestricted capital UCO is a,116,614.98. Okay. And that's a number you have seen a lot since December because this is the well actually since December you've seen it be a little higher because I moved some money from M. The state had calculated at first on this PSA 55 the state did not calculate anything for free and reduced lunch. Nothing. Okay. So when they went back and calculated it in, they have now given us that money into the budget. Okay. So I put it in M. I put most of it in M, but I put some over into um uh capital because we try to replace teacher laptops on a three-year rotation rather than trying to replace 250 or 300 at a time.
Okay. And uh and we need to start doing that. So, I moved enough money over to uh to capital from the new calculation for M to pay for for a third of our teacher laptop replacement. These are the only two budgets where we can move money back and forth. Now, M and unrestricted capital. Capital. Now, the tricky part comes in. What if the legislature decides this year for whatever reason to not fund DAA? I have to have a plan C. I already am working in plan B because of some other things that happened. Uh but I will have to have a plan C because the things that we purchase from unrestricted capital outlay can only be purchased from UCO. cannot be purchased from M. So to fund this, I would have to move dollars from M over. Okay. So$18,846 subtract a,16,000 and you can see what that does to our MMO budget.
Makes it very very tight. Okay. Now, we were really good this year because we had two and a half million in rollover. I will tell you we will not have two and a half million in rollover for next year. I think around 2 million rollover, right? Okay. So, we watch what the legislature just is doing relative to uh the the state budget for two reasons. Well, multiple reasons, but in terms of this, two reasons. One is what are they going to do with the base rate at $5,13? The last few years, they've only raised it 2% a year. Okay. And a do they approve DAA continuing? And if so, what's the rate? Okay. two years ago the budget wasn't even set until June 3rd. So I had to present to you at the ear at the 1 July meeting a budget for for the you know for the next fiscal year and I had to base it on the information from the year that was just wrapping up because they had not yet decided on any of these things.
Okay, they decided and then we did a revision and I brought a revision to you I think in September. Uh which we can always do but sometimes it feels really frustrating because you're building you're building a budget and you know that you know that your the factors involved are not accurate or not going to be accurate in two weeks or three weeks or whenever it is. Okay, you just do the best you can and then you go back and revise. Okay. So, the total limit that we have as a district that we are allowed for the current year, the year we're in right now for day-to-day operations and capital, you add the M, you add the UCO, and then when we talk about the budget, that's what I'm talking about is those two things added together. So, 19,962 is what we're working with this year.
So, let's review the sources of school funding. Where does that $19 million come from for us? So, I reproduced that one slide here for you to see where I had the things circled. the state general fund and the local primary tax rate. So in the BSA 55-1, and I'm saying that multiple times on purpose because in the future when you hear me say that, you're going to know that it's the document that is the base for us figuring budget, right? For me, it's the critical report on page five. Nope, I'm sorry. Page four. Page five. Sorry. Okay. Page five then shows you how it's determined where Bullhead City School District's funds come from and it's based on remember that primary tax rate for the county is automatic. Our assessed valuation for Bullhead City School District. So that means within the boundaries of our district 415,228,000 and change.
You see that about halfway down on page five. Oh, right there. Okay. And then it says GPL. Okay. So if you remember on that map, the shape of our district goes way north up the river. into federal land way out there. Okay. In fact, the northeast corner of our our district touches Highway whatever it is that goes from Kingman to Las Vegas. 93. Yeah. 93. Okay. Our corner, one of our corners touches that. So, it goes that far north. But it's federal land. I don't know if anybody lives in that piece or not. the people who come to our schools, the students who come to our schools, the farthest north is Katherine's Landing and then up at Katherine Line. Okay, so that's not very far north of us. So, we get some money for all of that area that is not does not have property tax.
$68,416. Is that is that because it's federal land? Yes, it's because it's federal land. So, you see that in the middle of page five, right? Okay. So, then they calculate the the uh the tax using the tax rate and it ends up that we get um about uh 6.6 million from county taxes. County property tax. Wait a minute. Our budget is 19 million. We get the rest from state uh the general fund 10 almost 10.7 million. Okay. So on this uh on this diagram I'm showing you that there's the big green line. The orange box represents what's paid for out of county property tax and the blue box represents what we get from the state. Okay. 38% from the county and 62% from the state. I I know this is just a snapshot of these these two days, but 6 million and 10 million only add up to 16 million.