Budget

Budget Details

Five-Year Budget

Total Appropriation 2009-10:
General Fund (includes General Fund and PBA) – $299,440,063
Building Fund – $5,316,550
Imagine Akron CLCs – $138,473,523
Other – $134,633,831
Total – $577,863,967

General Fund Sources of Revenue:
Local – 37%
State/Federal – 63%

Levies:
Building Levy – Passed in November 1999, generates $3.9 million per year; effective millage rate for homeowners is 1.24 mills
Operating Levy – 7.9 mills passed in November 2006

Millage 2009:
Unvoted Mills (Inside) – 4.20
Voted Mills (Outside) – 63.90
Permanent Improvement – 3.56
Total Millage – 71.66
Effective Millage for Homeowner – 40.39

Assessed Valuation (2009):
$2,741,715,255

Per Pupil Costs/Expenditures All Funds (FY09):
$13,268 (All Funds)