Budget

Budget Details

Five-Year Budget

Total Appropriation 2011-12:
General Fund (includes General Fund and PBA) – $304,169,058
Building Fund – $5,381,396
Imagine Akron CLCs – $154,230,733
Other – $124,112,286
Total – $587,893,473

General Fund Sources of Revenue:
Local – 36%
State/Federal – 64%

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 2011:
Unvoted Mills (Inside) – 4.20
Voted Mills (Outside) – 63.90
Permanent Improvement – 3.56
Total Millage – 71.66
Effective Millage for Homeowner – 40.55

Assessed Valuation (2011):
$2,754,791,040

Per Pupil Costs/Expenditures All Funds (FY11):
$14,032 (All Funds)