Board OKs $314 millin budget for upcoming year

Money from the state is based on per-pupil operating revenue, which is based on student enrollment. The district receives $5,046 per student enrolled as of October.

The district collects the revenue from the state on an estimated basis from July to October. If the number of students drops, the next few months PPOR is reduced until the difference is made up. The PPOR is increased if the number enrolled increases.

The district also receives money for students enrolled in charter schools and forwards it to the schools.

A new child-care fund has been set up for accounting purposes, Conrad said. Previously included in the general fund, child-care money covers preschool day care and after-school expenses.

Twenty elementary schools in the district offer day care. The self-supporting fund was set up as an enterprise fund because the money comes in from tuition. The budget for child care is more than $3 million.

When asked by board member John Sheehan about the administration increases, Conrad said the percentage in 1991 was 3.9 percent of the budget. For the 2000-2001 budget, the percentage is 4.1 percent, Conrad said.

The increases were because of the addition of principals who had to be hired for new schools built in the last nine years. That increase is in the direct support part of the general fund.

The next budget review will be in September or October, when the board will address any necessary changes, Conrad said.

Following is a breakdown of the budget, by fund:

• General: $196,032,571

• Capital reserve: $10,959,513

• Bond redemption: $18,501,990

• Building: $48,400,387

• Developers trust: $3,300,000

• Nutrition services: $6,227,231

• Insurance reserve: $1,741,738

• Risk related activity: $11,544,335

• Government designated: $4,305,000

• Trust and agency: $4,028,500

• Pupil activity: $6,200,000

• Child care: $3,134,080