Projected Revenue
SUMMARY of STATE FUNDING
State Funding Comparison for Fiscal Years 2023 and 2024
|
Funding Program |
FY 2023 |
|
FY 2024 |
|
Variance |
|---|---|---|---|---|---|
|
Standards of Quality |
51,809,561 |
|
50,576,236 |
|
-1,233,325 |
|
Incentive Programs |
12,099,667 |
|
12,517,194 |
|
417,527 |
|
(Less State Grants) |
-576,650 |
|
-651,738 |
|
-75,088 |
|
Categorical Programs |
76,456 |
|
72,574 |
|
-3,882 |
|
(Less State Grants) |
-61,704 |
|
-43,321 |
|
18,383 |
|
Lottery-Funded Programs |
8,133,458 |
|
7,419,467 |
|
-713,991 |
|
(Less State Grants) |
-1,187,976 |
|
-935,614 |
|
252,362 |
|
Total |
70,292,812 |
|
68,954,798 |
|
-1,338,014 |
SUMMARY of LOCAL FUNDING
Comparison of Local Share of Cost for Fiscal Years 2023 and 2024
|
Funding Program |
FY 2023 |
|
FY 2024 |
|
Variance |
|---|---|---|---|---|---|
|
Standards of Quality |
11,653,116 |
|
11,255,415 |
|
-397,701 |
|
Incentive Programs |
2,142,278 |
|
2,849,017 |
|
706,739 |
|
Categorical Programs |
0 |
|
0 |
|
0 |
|
Lottery-Funded Programs |
1,911,337 |
|
1,776,413 |
|
(134,924) |
|
Local Leeway Funding |
3,005,888 |
|
3,470,341 |
|
464,453 |
|
Total |
18,712,619 |
|
19,351,186 |
|
638,567 |
BALANCE of REVENUE and EXPENDITURES
Comparison of Fiscal Years 2023 and 2024 Revenue Sources
|
Funding Program |
FY2023 |
FY2024 |
Variance |
|---|---|---|---|
|
State Accounts |
70,292,812 |
68,954,768 |
-1,228,014 |
|
Local Funding |
18,712,619 |
19,351,186 |
638,567 |
|
Grants |
10,500,000 |
11,000,000 |
500,000 |
|
Other Revenue |
1,712,366 |
1,712,366 |
0 |
|
Total |
101,217,797 |
101,018,350 |
-199,447 |