General Fund Budget
Revenue:
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Property taxes (local) | $49,125,616 | $53,070,000 | $55,700,000 |
| Investment income (local) | $3,035,307 | $3,200,000 | $2,000,000 |
| Payment from local government agencies (local) | $24,479,967 | $26,465,000 | $25,960,000 |
| Other (local) | $3,672,773 | $3,663,217 | $2,728,969 |
| Restricted (state) | $59,481,555 | $66,945,016 | $59,285,663 |
| Unrestricted (state) | $82,509,846 | $77,150,600 | $77,845,000 |
| Restricted (federal) | $70,656,011 | $32,592,025 | $21,756,505 |
| Unrestricted (federal) | $64,317 | $38,000 | $38,000 |
| Total Revenue | $293,025,392 | $263,123,858 | $245,314,137 |
| Operating transfers in (other financing sources) | $705,162 | $1,045,778 | $991,105 |
| Total revenue and other financing sources | $293,730,554 | $264,169,636 | $246,305,242 |
Expenditures:
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Instruction | $137,342,475 | $126,648,944 | $123,735,225 |
| Support services | $135,763,562 | $143,418,602 | $132,664,057 |
| Community services | $1,704,294 | $3,549,644 | $2,384,339 |
| Capital outlay | $107,750 | $1,686,851 | $89,851 |
| Total Expenditures | $274,918,081 | $275,304,041 | $258,873,472 |
| Transfers out (other financing sources) | $9,133,222 | $1,189,458 | $960,179 |
| Total expenditures and other financing uses | $284,051,303 | $276,493,499 | $259,833,651 |
| Revenues and other sources over (under) expenditures an | $9,679,251 | (12,323,863) | (13,528,409) |
| Fund balance at beginning of year | $30,899,891 | $40,579,142 | $28,255,279 |
| Fund balance at end of year | $40,579,142 | $28,255,279 | $14,726,870 |
Fund Balance Summary:
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Nonspendable | $4,762,483 | $4,000,000 | $4,000,000 |
| Assigned | $11,034,281 | $13,528,409 | |
| Unassigned | $24,782,378 | $10,726,870 | $10,726,870 |
| Fund balance at end of year | $293,730,554 | $28,255,279 | $14,726,870 |
Schedule of Ad Valorem Tax Rates
Non-Homestead Property:
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Operating (millage levy) | |||
| County allocated (millage levy) | 0.0000 | 0.0000 | 0.0000 |
| Extra voted (millage levy) | 18.0000 | 18.0000 | 18.0000 |
| Headlee rollback (millage levy) | 0.0000 | 0.0000 | 0.0000 |
| Total Operating | 18.0000 | 18.0000 | 18.0000 |
| Sinking fund | 0.0000 | 0.0000 | 0.0000 |
| Debt retirement | 3.8500 | 3.8500 | 3.8500 |
| Total Ad Valorem tax rates(non-homestead) | 21.8500 | 21.8500 | 21.8500 |
Special Revenue Budget
Revenue:
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Investment income (local) | $129,551 | $81,000 | $85,500 |
| Food service (local) | $237,065 | $1,175,632 | $199,500 |
| Other (local) | $1,047,674 | $692,362 | $757,212 |
| Restricted (state) | $1,300,254 | $795,408 | $688,162 |
| Restricted (federal) | $13,184,437 | $13,892,000 | $12,772,000 |
| Total Revenue | $15,898,981 | $16,636,402 | $14,502,374 |
| Transfers in (other financing sources) | $133,222 | $1,189,458 | $960,179 |
| Total revenue and other financing sources | $16,032,203 | $17,825,860 | $15,462,553 |
Expenditures:
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Salaries (school services) | $3,681,494 | $4,025,327 | $3,739,814 |
| Benefits and payroll taxes (school services) | $2,844,464 | $2,758,424 | $2,578,195 |
| Payments to other districts (school services) | $437,385 | $25,000 | |
| Nonsalaries (school services) | $10,746,126 | $10,006,348 | $8,278,803 |
| Total Expenditures | $17,709,469 | $16,815,099 | $14,596,812 |
| Transfers out (other financing sources) | $705,162 | $1,045,778 | $947,663 |
| Total expenditures and other financing uses | $18,414,631 | $17,860,877 | $15,544,475 |
| Revenues and other sources over (under) expenditures and other uses | (2,382,428) | (35,017) | (81,922) |
| Fund balance at beginning of year | $4,728,675 | $2,346,247 | $2,311,230 |
| Fund balance at end of year | $2,346,247 | $2,311,230 | $2,229,308 |
Debt Service Budget
Revenue:
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Property taxes (local) | $24,671,064 | $26,715,000 | $27,220,000 |
| Investment income (local) | $1,060,048 | $1,005,000 | $800,000 |
| State sources - restricted | $243,949 | $227,000 | $200,000 |
| Total Revenue | $25,975,061 | $27,947,000 | $28,220,000 |
Expenditures:
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Bond principal maturities | $14,210,000 | $18,465,000 | $15,440,000 |
| Interest on bonded debt | $8,250,610 | $13,142,900 | $11,493,750 |
| Other | $72,281 | $70,000 | $71,250 |
| Total Expenditures | $22,532,891 | $31,677,900 | $27,005,000 |
| Revenues and other sources over (under) expenditures | $3,442,170 | (3,730,900) | $1,215,000 |
| Fund balance at beginning of year | $5,623,841 | $9,066,011 | $5,335,111 |
| Fund balance at end of year | $9,066,011 | $5,335,111 | $6,550,111 |
Combining Schedule of Revenue and Expenditures General Fund
Revenue:
General Programs
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Property taxes (local) | $49,125,616 | $53,070,000 | $55,700,000 |
| Investment income (local) | $3,035,307 | $3,200,000 | $2,000,000 |
| County special education tax (payments from local government agencies) | $12,899,292 | $14,690,000 | $14,700,000 |
| County enhancement millage (payments from local government agencies) | $4,225,739 | $4,600,000 | $4,600,000 |
| Services to other governmental agencies (payments from local government agencies) | $7,354,936 | $7,175,000 | $6,660,000 |
| Rental of facilities (other revenue) | $221,184 | $230,000 | $245,000 |
| Other | $1,241,563 | $1,401,000 | $606,000 |
| Total Local Sources | $78,103,637 | $84,366,000 | $84,511,000 |
| Special education (restricted state sources) | $8,563,448 | $8,106,000 | $7,975,000 |
| Other (restricted state sources) | $26,847,999 | $27,515,800 | $22,335,500 |
| Total Restricted State Sources | $35,411,447 | $35,621,800 | $30,310,500 |
| Unrestricted state sources | $82,509,846 | $77,150,600 | $77,845,000 |
| Total State Sources | $117,921,293 | $112,772,400 | $108,155,500 |
| Restricted (federal sources) | $222,857 | $180,000 | $180,000 |
| Unrestricted (federal sources) | $64,317 | $38,000 | $38,000 |
| Total Federal Sources | $287,174 | $218,000 | $218,000 |
| Total Revenue | $196,312,104 | $197,356,400 | $192,884,500 |
Grants
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Property taxes (local) | |||
| Investment income (local) | |||
| County special education tax (payments from local government agencies) | |||
| County enhancement millage (payments from local government agencies) | |||
| Services to other governmental agencies (payments from local government agencies) | |||
| Rental of facilities (other revenue) | |||
| Other | $1,554,890 | $1,593,767 | $1,406,969 |
| Total Local Sources | $1,554,890 | $1,593,767 | $1,406,969 |
| Special education (restricted state sources) | |||
| Other (restricted state sources) | $24,070,109 | $31,323,216 | $28,975,163 |
| Total Restricted State Sources | $24,070,109 | $31,323,216 | $28,975,163 |
| Unrestricted state sources | |||
| Total State Sources | $24,070,109 | $31,323,216 | $28,975,163 |
| Restricted (federal sources) | $70,433,154 | $32,412,025 | $21,576,505 |
| Unrestricted (federal sources) | |||
| Total Federal Sources | $70,433,154 | $32,412,025 | $21,576,505 |
| Total Revenue | $96,058,153 | $65,329,008 | $51,958,637 |
Athletics
| Sources | Actual 2023-2024 | Amendment Two Budget 2024-2025 | Adopted Budget 2025-2026 |
|---|---|---|---|
| Property taxes (local) | |||
| Investment income (local) | |||
| County special education tax (payments from local government agencies) | |||
| County enhancement millage (payments from local government agencies) | |||
| Services to other governmental agencies (payments from local government agencies) | |||
| Rental of facilities (other revenue) | |||
| Other | $655,136 | $438,450 | $471,000 |
| Total Local Sources | $655,136 | $438,450 | $471,000 |
| Special education (restricted state sources) | |||
| Other (restricted state sources) | |||
| Total Restricted State Sources | |||
| Unrestricted state sources | |||
| Total State Sources | |||
| Restricted (federal sources) | |||
| Unrestricted (federal sources) | |||
| Total Federal Sources | |||
| Total Revenue | $655,136 | $438,450 | $471,000 |
