Tax & Budget Data

2019-2020

Adopted Tax Rate (per $100 valuation)
General Operations (M&O) $0.9700 74.3%
Debt Service $0.3355 25.7%
Total Rate $1.3055 100.0%
Taxable Assessed Valuation
Residential $39,163,507,344 66%
Non-residential $19,745,502,581 34%
Total Taxable AV $58,909,009,925 100.0%
Estimated Tax Collection Rate 99%

Fund Balance

Projected Undesignated Fund Balance as of August, 31, 2019 $181,329,426
% of Total 2018-2019 Budgeted Expenditures 18.5%

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, saftey, major technology initiatives and buses.

Outstanding Unlimited Tax Debt $2,278,565,000
% Debt to Assessed Valuation 4.47%
2018-2019 Debt Service Expenditures (estimated) $188,819,077
Per student* $1,784
2019-2020 Debt Service Expenditures (budgeted) $195,569,204
Per student* $1,850
*Enrollment figures by year

Budgeted Revenue Information (As adopted)

General Operating Fund Budgeted
Revenue $941,778,805

Budgeted Expenditures Information
(As adopted) By Object Area

Total Budgeted Expenditures $979,082,622

By Functional Area

Total Budgeted Expenditures $979,082,622