DOUGLAS COUNTY SCHOOL DISTRICT Learn Today. Lead Tomorrow.

2012 Budget UpdateJune 7, 2011

DOUGLAS COUNTY SCHOOL DISTRICT Learn Today. Lead Tomorrow.

FY 2011-2012 Douglas County Budget Projection

Douglas County State Rescission $(17.3 M)District Increases in Costs** $( 4.4 M)

Total DCSD Reduction $(21.7 M)

DOUGLAS COUNTY SCHOOL DISTRICT Learn Today. Lead Tomorrow.

Balancing the

FY 2011-2012 Budget

Reduction Description Reduction Amount

Central Office $2.0 M

Transportation $1.0 M

SBB Decrease – Secondary ($100/Pupil) $2.5 M

TOSA Contract Day s $0.3 M

One Year Realloc of Perf Pay $4.2 M

Use of Reserves $11.7 M

TOTAL $21.7 M

DOUGLAS COUNTY SCHOOL DISTRICT Learn Today. Lead Tomorrow.

Fund Balance Comparison

FY 2010 Through FY 2012

FY 2010 Audited Actuals

FY 2011 End of Year Projection

FY 2012Projection

w/o Override

FY 2012Projection w/

Override

Beginning Fund Balance $ 20.6 $ 46.1 $ 44.1 $ 44.1

Total Revenue $ 457.3 $ 444.1 $ 427.5 $ 447.5 Budgeted/Actual Expenditures $ 431.8 $ 446.1 $ 440.3 $ 440.3 Carry Forward Budgeted as Spent $ 19.4 $ 19.4Ending Fund Balance

$ 46.1 $ 44.1 $ 11.9 $ 31.9