Tax & Budget Data

2020-2021

Adopted Tax Rate (per $100 valuation)
General Operations (M&O) $0.9502 73.9%
Debt Service $0.3355 26.1%
Total Rate $1.2857 100.0%
Taxable Assessed Valuation
Residential $40,421,967,368 66%
Non-residential $20,823,437,735 34%
Total Taxable AV $61,245,405,103 100.0%
Estimated Tax Collection Rate 99%

Fund Balance

Projected Undesignated Fund Balance as of August, 31, 2019 $180,767,218
% of Total 2019-2020 Budgeted Expenditures 18.6%

Unlimited Tax Debt Information

  Authorized Issued
2001 Program $495,000,000 $495,000,000
2004 Program $439,000,000 $439,000,000
2007 Program $692,670,000 $692,670,000
2010 Program $535,142,000 $535,142,000
2014 Program $648,340,000 $579,240,000
2018 Program $848,910,000 $84,855,000

On May 5, 2018, District taxpayers approved a $849 million bond program to finance the construction of one high school, one middle school, and two elementary schools. The program will also finance major improvements to existing facilities, infrastructure, roofing, safety, major technology initiatives and buses.

Outstanding Unlimited Tax Debt $2,066,845,000
% Debt to Assessed Valuation

3.37%

2019-2020 Debt Service Expenditures (estimated) $192,869,136
Per student* $1,824
2020-2021 Debt Service Expenditures (budgeted) $198,919,100
Per student $1,881

 


BUDGETED REVENUE INFORMATION (AS ADOPTED)

General Operating Fund Budgeted
Revenue $936,935,793


BUDGETED EXPENDITURES INFORMATION
(AS ADOPTED) BY OBJECT AREA

Total Budgeted Expenditures $963,659,612

BY FUNCTIONAL AREA

Total Budgeted Expenditures $963,659,612