With students set to report for a brand new Knox County school year August 17, the budget is just as fresh and clean as back-to-school outfits. Before the inevitable disruptions, here’s where school funding is slated to come from for the fiscal year that began July 1, and how it has been directed to be spent. Note: the state revenue is a guarantee, but county and local revenue figures are projected.
Total Operating Budget 2009-10
- County property taxes $102,890,010
- Local option sales tax $108,600,000
- Miscellaneous $5,450,000
State revenue
- Basic education program (BEP) $148,580,000
- Other state funding $6,780,000
- Fund balance $2,950,000
- Total Approved Revenue $375,250,000
Budget Expenditures
- Administrative $5,779,364
- Technology $5,451,701
- Student transportation $13,215,156
- Operations and maintenance $38,288,204
- Instruction/Instruction support $289,319,749
- Debt and other $10,489,826
- Fixed Increases $12,706,000
- Total Expenditures $375,250,000
Source: Knox County Schools as of May 2009
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