Proposed Budget Fiscal Year

FY Budget Adoption  May 17, 2011 – Information Only Proposed General Fund Budget  June 21, 2011 Approve and Adopt for FY Budget – All Funds Budget Resolution Appropriation Resolution Use of Beginning Fund Balance Resolution Inter-Fund Borrowing

FY Appropriation reduced by $227.5 million State Stabilization % $67.5 million possible mid year appropriation to fund: Enrollment increases At Risk population increases Assessed Valuation or Specific Ownership Tax decreases Results of 2011 Legislative Session

Total Program Funding FY $5.44 B Less Amount in SB ($0.227 B) Total Program Funding FY $5.21 B FY School Finance Act (Awaiting Governor’s Approval)

Total Program Funding FY $5.987 B Less Amount in SB ($0.776 B) Total Program Funding FY $5.211 B FY School Finance Act with State Stabilization Factor

DCSD Funding Level Fiscal Year  Per-Pupil Revenue: FY $6,542 FY $6,212  State Decrease in Per-Pupil Funding $(330)

General Fund Data Comparison FY 2011 vs FY 2012 AssumptionsFY10-11FY11-12 PERA0.90% Medical Insurance15.00%0.00%

FY Douglas County Budget Projection Douglas County Rescission $(17.3 M) District Increases in Costs** $( 3.5 M) Total DCSD Reduction $(20.8 M)

Reduction DescriptionReduction Amount Central Office$2.0 M Transportation$1.0 M SBB Decrease – Secondary ($100/Pupil)$2.5 M TOSA Contract Day s$0.3 M One Year Reallocation of Performance Pay$4.2 M Use of Reserves$12.8 M TOTAL$20.8 M Balancing the FY Budget

Proposed FY General Fund Revenues

Proposed FY Budget (Projected as of May 15, 2011)