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2003-04

School District Revenue 2003-04
Local $10,763,301,492 58.1%
State $6,627,251,304 35.7%
Federal $832,267,790 4.5%
Other $323,081,012 1.7%

Total  

 $18,545,901,598 100.0%
Source: Annual Financial Reports 2003-04
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Local Revenue 2003-04
REVENUE SOURCE
Real Estate Tax $8,306,272,663 77.2%

Earned Income Tax

 $931,196,007 8.7%

Other Act 511 Tax

 $354,285,544 3.3%

Interest

 $58,333,345 0.5%

Other Local

 $1,113,213,933 10.3%
Total Local $10,763,301,492 100.0%
Source: Annual Financial Reports 2003-04
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State Subsidy to School Districts 2003-04
Basic Instructional Subsidy $4,212,124,723
Retirement  $180,379,596
Special Education $917,635,292
Transportation (Public & Nonpublic)  $482,672,032
Social Security $356,093,782
Construction (Debt Subsidy)  $272,150,793
Vocational Education Subsidy $16,286,666
Other  $257,525,420
Total  $6,694,868,304
Source: Annual Financial Reports 2003-04
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Expenditures by Function 2003-04
Instruction  $10,805,957,554  57.9%
Support   $5,553,187,986 29.6%
Non-Instruction   $345,482,357 1.8%
Facilities   $36,101,804 0.2%
Debt and Other $1,960,558,285 10.5%
Total   $18,681,287,986 100.0%
Source: Annual Financial Reports 2003-04
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Expenditures by Object 2003-04

Salary & Benefits  

 

 

 

Instruction

 $8,557,584,834

70%

 

Support                

$3,414,274,399

28%

 

Non Instruction

 $241,286,823

2%

 

Facilities

$1,671,821

0%

Subtotal

$12,214,817,877  

65.4%

Supplies/Materials 

 

 

 

Instruction

$2,239,332,829

50%

 

Support

$2,063,612,836

47%

 

Non Instruction

$92,788,358

2%

 

Facilities

$34,429,983

1%

Subtotal

$4,430,164,006

23.7%

Other

 

 

 

Instruction

$9,039,891

12%

 

Support

$55,300,751

63%

 

Non Instruction

$11,407,176

21%

 

Facilities

$0

0%

Subtotal

$75,747,818 

0.4%

Debt & Other Fin.

$1,960,558,285

10.5%

TOTAL 

$18,681,287,986

100.0%

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