Page 14 - 2016 Budget, Bond and Innovation Recommendations

PROJECTED REVENUE & EXPENDITURES

*FIGURES ARE CALCULATED WITH NO NEW REVENUE BASED ON
SCHOOL FINANCE FUNDING FY2016-17 STATE FUNDING ESTIMATES.
FY2016-17 through FY2018-19*

$600
NEGATIVE FISCAL GAP
$575 550.30
533.25
$550
505.77 517.95
$525 481.27
Millions $500 460.14 503.07 512.61 522.46
(27.84)
$475
476.16 497.79 (14.88) (20.64)
$450 (7.98)
449.98
$425
$400
$375
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
Actual Actual Estimate Projected* Projected* Projected*

Revenue Expenditures

“As a realtor for 40 years, I

can tell you that the quality

of education is the number-

one driver of home value.”

EdiE Marks,
rEaltor

BUDGET DEVELOPMENT

12