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Presenter outlines revenue mix and cites state school fund share
Summary
Staff said the state school fund comprises a large share of district revenue and listed other income sources including property taxes, e-rate reimbursements and interdistrict tuition; one percentage cited required clarification from staff.
A staff member told the committee that the state school fund makes up about 91% of the district's entire revenue, with property taxes accounting for about 29% of revenue. "Looking at just general fund, the state school fund makes up 91% of our entire revenue," the presenter said.
The presenter also said "we get about point 17% of the state school fund dollars," language used in the meeting without a clear explanation of its basis; staff did not clarify whether that figure referred to the district's share of state distributions or another metric. Other revenue was described as including e-rate funds, safe dividends and tuition from intergovernmental agreements, accounting for roughly 8.4% of resources.
Committee members were told those revenue estimates are subject to legislative action — the presenter noted the legislature may not finalize the state school fund amount until May — and that the budget must be presented in advance of the public hearing window.
