| School Fund Growth Revenue: | Current Prop. | |||||
| Current Property Tax Rate: | $ 1,738,674.00 | |||||
| All Growth Revenue Without Increase: | $ 5,687,295.00 | |||||
| Revenue other than Property Tax: | $ 3,948,621.00 | |||||
| Property Tax Increase of $0.19: | $ 3,621,698.00 | |||||
| Total Growth with Increase of $0.19: | $ 9,308,993.00 | |||||
| Revenue per $0.01 Property Tax: | $ 190,615.68 | |||||
| Calculate Local Non-Prop. Tax Growth: | ||||||
| Non-Prop Tax Growth w/o Increase | $ 3,948,621.00 | |||||
| State Funds Growth | $ 2,733,700.00 | |||||
| Federal Funds Growth | $ 15,208.00 | |||||
| "Other Sources" Growth | $ 7,531.00 | |||||
| Non-Prop. Tax "Local Tax" Growth | $ 1,192,182.00 | |||||
| Calculate Local Tax Growth: | ||||||
| Prop. Tax Growth | $ 1,738,674.00 | |||||
| Non-Prop. Local Tax Growth | $ 1,192,182.00 | |||||
| Total "Local Tax" Growth | $ 2,930,856.00 | |||||
| Calculate Total Growth Revenue: | Cents on Tax Rate | |||||
| "Growth" from Taxes | $ 2,930,856.00 | $ 0.15 | ||||
| State/Federal/"Other Sources" | $ 2,756,439.00 | $ 0.14 | ||||
| Total of "Growth Revenue" | $ 5,687,295.00 | $ 0.30 | ||||
| 1998-1999 | 1999-2000 | Increase | ||||
| Local Taxes | $ 44,182,000.00 | $ 47,112,856.00 | $ 2,930,856.00 | |||
| State of Tennessee | $ 61,803,839.00 | $ 64,537,539.00 | $ 2,733,700.00 | |||
| Federal Government | $ 2,453,792.00 | $ 2,469,000.00 | $ 15,208.00 | |||
| Other Sources | $ 698,070.00 | $ 705,601.00 | $ 7,531.00 | |||
| Total Revenue | $ 109,137,701.00 | $ 114,824,996.00 | $ 5,687,295.00 | |||
| Estimated Expenditure | $ 113,900,647.00 | $ 120,474,312.00 | $ 6,573,665.00 | |||
| From Ending Balance To Cover Expenditure | $ 4,762,946.00 | $ 5,649,316.00 | ||||
| Previous Ending Balance (07/01) | $ 13,694,971.00 | $ 8,932,025.00 | ||||
| Ending Balance (06/30) | $ 8,932,025.00 | $ 3,282,709.00 | ||||
| Increase in School Funds | $ 6,573,665.00 | |||||
| Percent Increase in School Funds | 5.21% | |||||
| Cents on Tax Rate | $ 0.34 |