Budget

Budget Details

Five-Year Budget

Total Appropriation 2008-09:
General Fund (includes General Fund and PBA) – $329,711,665
Building Fund – $5,640,477
Imagine Akron CLCs – $189,955,528
Other – $114,088,006
Total – $639,395,676

General Fund Sources of Revenue:
Local – 39%
State/Federal – 61%

Levies:
Building Levy – Passed in November 1999, generates $4.15 million per year; effective millage rate for homeowners is 1.18 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 – 39.04

Assessed Valuation (2009):
$2,885,646,852

Per Pupil Costs/Expenditures All Funds (FY08):
$12,055 (All Funds)