|
|
|
Budget
Information
The 2007-08 fiscal year is July 1, 2007 through June 30, 2008.
The Budget Department is under the management of Christie
Tate. Following are district budgets presented for public information.
Link to Adopted Budget for 2007-2008
Link to 2007 CAFR (Comprehensive Annual Financial Report) (1.91MB)
See Information below
Tax Rate History
| Year |
Local M & O |
Recapture |
Total M & O |
Tax Rate Debt |
Tax Rate Total |
| 1993-94 |
$1.2072 |
$0.1221 |
$1.3293 |
$0.1423 |
$1.4716 |
| 1994-95 |
$1.2080 |
$0.1213 |
$1.3293 |
$0.1485 |
$1.4778 |
| 1995-96 |
$1.2082 |
$0.1211 |
$1.3293 |
$0.1601 |
$1.4894 |
| 1996-97 |
$1.1680 |
$0.1707 |
$1.3387 |
$0.1610 |
$1.4997 |
| 1997-98 |
$1.1938 |
$0.1397 |
$1.3335 |
$0.1858 |
$1.5193 |
| 1998-99 |
$1.1938 |
$0.1766 |
$1.3704 |
$0.1691 |
$1.5395 |
| 1999-2000 |
$1.1535 |
$0.2627 |
$1.4162 |
$0.1630 |
$1.5792 |
| 2000-01 |
$1.1153 |
$0.2705 |
$1.3858 |
$0.1673 |
$1.5531 |
| 2001-02 |
$1.0354 |
$0.4046 |
$1.4400 |
$0.1885 |
$1.6285 |
| 2002-03 |
$1.0334 |
$0.4366 |
$1.4700 |
$0.2334 |
$1.7034 |
| 2003-04 |
$1.0157 |
$0.4843 |
$1.500 |
$0.2334 |
$1.7334 |
| 2004-05 |
$1.0305 |
$0.4695 |
$1.500 |
$0.2334 |
$1.7334 |
| 2005-06 |
$1.0290 |
$0.4710 |
$1.50 |
$0.2334 |
$1.7334 |
| 2006-07 |
$ .9430 |
$0.3870 |
$1.33 |
$0.2484 |
$1.5784 |
| 2007-08 |
$ .7120 |
$0.3080 |
$1.02 |
$0.2484 |
$1.2684 |
Recapture Payment History
| Year |
Weighted Average Daily Attendance |
Recapture Payment |
M & O Taxes |
Percent
|
| 1993-94 |
35,935 |
$ 10,386,102
|
$175,912,192 |
5.9% |
| 1994-95 |
37,639 |
$ 13,895,159 |
$188,442,234 |
7.4% |
| 1995-96 |
41,627 |
$ 16,491,185 |
$209,750,349 |
7.9% |
| 1996-97 |
44,878 |
$ 23,392,002 |
$231,559,845 |
10.1% |
| 1997-98 |
47,210 |
$ 17,523,627 |
$252,491,208 |
6.9% |
| 1998-99 |
48,649 |
$ 39,654,749 |
$285,861,916 |
13.9% |
| 1999-00 |
50,129 |
$ 53,189,257 |
$293,707,265 |
18.1% |
| 2000-01 |
52,257 |
$ 75,632,589 |
$320,408,129 |
23.6% |
| 2001-02 |
55,149 |
$ 96,868,418 |
$369,838,230 |
26.2% |
| 2002-03 |
57,840 |
$116,693,888 |
$396,739,905 |
29.4% |
| 2003-04 |
59,660 |
$128,618,544 |
$411,140,487 |
31.3% |
2004-05
|
60,580 |
$129,251,583 |
$418,058,142 |
30.9% |
| 2005-06 |
61,244 |
$136,313,763 |
$433,269,849 |
31.5% |
2006-2007 Estimated
|
61,476 |
$127,390,014 |
$409,227,692 |
31.1% |
| 2007-2008 Budget |
62,150 |
$ 97,256,013 |
$322,297,439 |
30.2% |
| TOTAL |
Cumulative Payments |
|
|
|
Year
|
|
|
|
| 1993-94 |
$ 165,526,090 |
$ 4,606 |
|
| 1994-95 |
$ 174,547,075
|
$ 4,637 |
0.68% |
| 1995-96 |
$ 193,259,164
|
$ 4,643 |
0.11% |
| 1996-97 |
$ 208,167,843
|
$ 4,639 |
-0.09% |
| 1997-98 |
$ 234,967,581
|
$ 4,977 |
7.30% |
| 1998-99 |
$ 246,207,167
|
$ 5,061 |
1.68% |
| 1999-00 |
$ 240,518,008
|
$ 4,798 |
-5.19% |
| 2000-01 |
$ 244,775,540
|
$ 4,684 |
-2.37% |
| 2001-02 |
$ 272,969,812
|
$ 4,950 |
5.67% |
| 2002-03 |
$ 280,046,017
|
$ 4,842 |
-2.18% |
| 2003-04 |
$ 282,521,943 |
$ 4,736 |
-2.19% |
| 2004-05 |
$ 288,806,559 |
$ 4,767 |
+0.02% |
| 2005-06 |
$ 296,956,086 |
$ 4,849 |
+1.72% |
| 2006-07 Estimated |
$ 281,837,678 |
$ 4,584 |
-5.46% |
| 2007-08 Budget |
$ 225,041,426 |
$ 3,621 |
-21.01% |
NOTE: Change in state law effective for 2006-07 lowered local property taxes, which lowered recapture and increased state revenue.
| Year |
State Revenue |
|
|
| 1993-94 |
$ 10,277,643
|
$ 286 |
|
| 1994-95 |
$ 12,279,264 |
$ 326 |
14.1% |
| 1995-96 |
$ 11,259,972 |
$ 270 |
-17.1% |
| 1996-97 |
$ 13,608,876 |
$ 303 |
12.1% |
| 1997-98 |
$ 12,615,168 |
$ 267 |
-11.9% |
| 1998-99 |
$ 14,936,476 |
$ 307 |
14.9% |
| 1999-00 |
$ 14,225,300 |
$ 284 |
-7.6% |
| 2000-01 |
$ 14,969,304 |
$ 286 |
0.9% |
| 2001-02 |
$ 14,019,916 |
$ 254 |
-11.3% |
| 2002-03 |
$ 20,462,041 |
$ 354 |
39.1% |
| 2003-04 |
$ 23,932,174 |
$ 401 |
13.3% |
| 2004-05 |
$ 28,648,799 |
$ 473 |
17.9% |
| 2005-06 |
$ 37,567,214 |
$ 613 |
29.6% |
| 2006-07 Estimated |
$ 78,308,695 |
$1,274 |
228.3% |
| 2007-08 Budget |
$ 145,966,329 |
$2,349 |
84.4% |
NOTE: Change in state law effective for 2006-07 lowered local property taxes, which lowered recapture and increased state revenue.
| Year |
Total Revenue Retained |
Total Revenue
|
Percent Change |
|
| 1993-94 |
$ 175,803,733 |
$ 4,892 |
|
|
| 1994-95 |
$ 186,826,339 |
$ 4,964 |
1.46% |
2.61% |
| 1995-96 |
$ 204,519,136 |
$ 4,913 |
-1.02% |
2.81% |
| 1996-97 |
$ 221,776,719 |
$ 4,942 |
0.58% |
2.93% |
| 1997-98 |
$ 247,582,749 |
$ 5,244 |
6.12% |
2.34% |
| 1998-99 |
$ 261,143,643 |
$ 5,368 |
2.36% |
1.55% |
| 1999-00 |
$ 254,743,308 |
$ 5,082 |
-5.33% |
2.19% |
| 2000-01 |
$ 259,744,844 |
$ 4,971 |
-2.19% |
3.38% |
| 2001-02 |
$ 286,989,728 |
$ 5,204 |
4.70% |
2.83% |
| 2002-03 |
$ 300,508,058 |
$ 5,195 |
-0.17% |
1.59% |
| 2003-04 |
$ 306,454,117 |
$ 5,137 |
-1.1% |
2.27% |
| 2004-05 |
$ 317,455,358 |
$ 5,240 |
2.0% |
2.68% |
| 2005-06 |
$ 334,523,300 |
$ 5,462 |
4.24% |
3.39% |
| 2006-07 Estimated |
$ 360,146,373 |
$ 5,858 |
7.25% |
3.24% |
| 2007-08 Budget |
$ 371,007,755 |
$ 5,969 |
1.89% |
|
*Inflation Source: Inflationdata.com
|
|
