The proposed budget for the 2014-2015 school year tops $202 million in revenues, with nearly 60 percent coming from the state, more than 36 percent coming from local revenue and the rest from other sources. The proposed budget is 3.89 percent higher than the spending plan for the current school year. But when you add monies from the district's special revenue fund, debt service fund and capital fund, the overall coffers would exceed $244 million for 2014-2015.
As expected, the lion's share of the proposed expenses are salaries and benefits—more than $171 million—an approximate 3 percent increase over the current year. Nearly $9 million is earmarked for supplies and materials. Overall, more than 62 percent of the proposed expenditures are geared toward instruction.
The public will be able to weigh in on the proposed spending plan during a Monday, June 9, hearing.