1. Cedar Rapids Community Schools School Finance Basics

4. Certified Enrollment Trends

5. Open Enrollment Trends* Total losses exceed $11.1 million since inception. *Data Source: FTE of open enrolled resident public students, Annual Certified Enrollment

7. “District Cost Per Student” State Allowable Growth is 4% for fiscal year 2009-2010 but the State will fund only 2% due to State budget cuts.

9. Allowable Growth Trends Percent District Cost Fiscal Year Growth Per Pupil 2000-2001 4.00%$4,338 2001-2002 4.00%$4,512 2002-2003 1.00%$4,557 2003-2004 2.00%$4,648 2004-2005 2.00%$4,741 2005-2006 4.00%$4,931 2006-2007 4.00%$5,128 2007-2008 4.00%$5,333 2008-2009 4.00%$5,546 2009-2010 4.00%$5,768

10. What will the District receive in New Money?

12. Actual Revenues: General Fund Fiscal Year 2007-2008 Total General Fund Revenues: $162,403,918 Local Sources State Sources Federal Sources Other Financing Sources

13. Fiscal Year 2009 Valuation Per Student

16. Property Tax Valuation Trends Growth rate for fiscal 2010: 3.3% Average 10 Year growth rate: 2.3% *Excludes TIF valuations

17. District Levy Rate Trends

18. Tax Levy Comparability Linn County School Districts Fiscal Year 2009-2010

19. Tax Levy Comparability Urban Education Network Fiscal Year 2009-2010

21. General Fund Actual Expenditures Fiscal Year 2007-2008

23. Actual Revenues: All Funds Fiscal Year 2007-2008 Total Revenues: $211,429,373

24. District Actual Revenues: By Source Fiscal Year 2007-2008 Total Revenues $211,542,499

25. Actual Expenditures: All Funds Fiscal Year 2007-2008 Total Expenditures: $200,421,512

26. General Fund Reserve Trends Unspent Balance & Cash (millions) Cash 14.3%

27. General Fund Reserve Goal Iowa Schools Cash Anticipatory Program (ISCAP) Solvency Ratio Reserve Goal: To achieve a 8.0%-10% solvency ratio through a balanced budget and continued use of the cash reserve levy.

28. Historical and Proposed Cash Reserve Levies

29. Don’t let anyone stop you from speaking your mind!

30. Questions ? & Answers