Superintendent Dan Nerad, 74K PDF:

Attached to this memorandum you will find the Fall Revised Budget version of the 2010-11 Citizen’s Budget. The Citizen’s Budget is intended to present financial information to the community in a format that is more easily understood. The first report includes 2009-10 Revised Budget, 2010-11 Revised Budget and groups expenditures into categories outlined as follows:

  • In-School Operations
  • Curriculum & Teacher Development & Support
  • Facilities, Other Than Debt Service
  • Transportation
  • Food Service
  • Business Services
  • Human Resources
  • General Administration
  • Debt Service
  • District-Wide
  • MSCR

The second report associates revenue sources with the specific expenditure area they are meant to support. In those areas where revenues are dedicated for a specific purpose (ie. Food Services) the actual amount is represented. In many areas of the budget, revenues had to be prorated to expenditures based on percentage that each specific expenditure bears of the total expenditure budget. It is also important to explain that property tax funds made up the difference between expenditures and all other sources of revenues. The revenues were broken out into categories as follows:

  • Local Non-Tax Revenue
  • Equalized & Categorical State Aid
  • Direct Federal Aid
  • Direct State Aid
  • Property Taxes

Both reports combined represent the 2010-11 Fall Revised Citizens Budget. This report can also be found on the District’s web site.