2008-09 Operating Budget Status

Operating Budget – FEFP Funding Only In Millions

2007-08 Adopted Budget (9/6/07)                                            529.5

          (Actual Student Count of 73,339)

2008-09 Anticipated Budget (1^st Calculation 4/28/08)            508.3

          (Projected Student Count of 73,200)

Amount of Reduction to be made to Operating Budget  =  21.2m

State Revenue Shortfall for 2008-09                                          -21.2

Net Change in State Categoricals                                                  +1.2

Discretionary Millage Due to Lower Tax Roll                            -0.3

FTE add-on for AP, IB and AICE programs cut by 1/3             -1.0

Total Impact of Changes Required in Operating

Budget - Reductions in Program and/or Revenues            =  -21.3m

Necessary to Present a Balanced Budget

2008-09 Operating Budget                                   May 1, 2008