Finances

Spending Patterns


Spending Pattern
Average Cost Per Student
 
2000-01
2001-02
2002-03
Jordan
$4,098
$4,282
$4,330
Utah*
$4,477
$4,706
$4,651
Nation*
$7,156
$7,524
$7,701

* Provided by the Utah State Office of Education.

Fees Waived
Qualifying Students
4,540
Percent of Students Receiving Fee Waivers
5%
Fees Waived 
$261,867

Sources of Revenue

Sources of Revenue
Long-Term Debt
Bonded Indebtedness,
All Bond Series as of 6/30/2003   

$184,925,000
2002-03 Bond Payments 
$29,004,171


Losses
 
2000-01
2001-02
2002-03
Vandalism    
$14,300
$24,734
19,226
Burglary 
  $1,250
$300
1,439
Theft/Loss
$19,430
$17,185
15,895
Total         
$34,980
$42,219
$36,560


Budget Summary
 
Actual
2001-02
Final Amended
2002-03
Proposed
2003-04
Revenue:
Financing Sources
$490,976,353
$502,663,468
$508,611,168
Expenditures
     Maintenance & Operation
$317,879,835
$338,767,972
$343,131,011
     Debt Service
$29,089,115
$29,228,254
$32,217,715
     Capital Outlay 
$39,976,057
$60,456,973
$62,303,691
     Nutrition Services
$18,596,258
$19,747,031
$19,305,300
     H & A Insurance
$34,373,317
$38,049,224
$37,516,707
     Other
$23,257,390
$24,920,726
$24,855,880
 
Total Expenditures 
$463,171,972
$511,170,180
$519,330,304

Property Taxes
 
Actual
2001-02
Proposed
2002-03
Proposed
2003-04
Assessed Value (estimated)   
$15.8 billion 
$16.3 billion
$17.6 billion
Maintenance & Operation Tax
      Basic Program  
0.001785
0.001807
0.001825
      Voted Leeway 
0.001000
0.001000
0.001000
      Board Leeway 
0.000400
0.000400
0.000400
      Spec. Transportation
0.000100
0.000100
0.000100
      Tort Liability    
0.000027
0.000023
0.000040
      Recreation Tax 
0.000139
0.000135
0.000105
Capital Outlay
0.002400
0.002400
0.002400
      10% of Basic Program
0.000844
0.000695
0.000712
General Obligation Debt
      Debt Service 
0.001729 
0.001784
0.001784
 
Total Tax       
0.008424
0.008344
0.008366