Summary of the District's Revenue Sources and General Fund Expenses

The District’s total general fund budgeted revenues for 2008/09 are $144,140,500.  The majority of the District’s unrestricted General Fund Revenue is generated through the District’s Revenue Limit.  73.2% in 2008/09 compared to 71.4% in 2007/08.  State sources of income are 18% of the General Fund compared to 14.5% in 2007/08.  Federal, other local revenue (not property taxes) and other inter-fund transfers, make up the remaining portion of the District’s General Fund Revenue, and represent 8.8% for 2008/09 compared to 14.15% for 2007/08.

Summary of Projected Expenses

The District’s total general fund budgeted expenditures for 2008/09 are $146,715,154.

The majority of expenditures are in the area of compensation which includes 50.8% for certificated salaries, 17.6% for classified salaries, and 17.0% for benefits of general fund.  Utilities and operating expenses amount to 9.0% of the general fund budget, books and supplies 5.0% and capital outlay/other outgo 1.0%.

Certificated salaries total $74,577,303 and classified salaries total $25,894,050.  Together these total $100,471,353, a decrease of $325,415 over prior year projected expenses.  This net decrease includes step and column increases, budget reductions recommended by the Board, and additional staff for special education.