Report (pdf) - School Management Services

school district had or had not shifted and, if so, the nature of that revenue
shift.
Table 5a-LH depicts that Ladysmith-Hawkins School District’s primary
sources of General Fund revenue in 2001-02 were local ($2,270,122); state
($7,987,190); and federal ($341,424). Total General Fund revenue in
2001-02 was $11,023,054. By 2006-07, Ladysmith-Hawkins School
District’s primary sources of General Fund revenue were as follows: local
($2,301,238); state ($7,742,728); and federal ($395,398). The school
district’s 2006-07 General Fund revenue totaled ($10,763,393).
TABLE 5a-LH
LADYSMITH-HAWKINS SCHOOL DISTRICT
CHANGE IN GENERAL FUND REVENUE
2001-02 / 2006-07
Source* 2001-02 2006-07 Change % Change
Local $2,270,122 $2,301,238 +$31,116 +1.4%
State $7,987,190 $7,742,728 -$244,462 -3.1%
Federal $341,424 $395,398 +$53,974 +15.8%
Total $11,023,054 $10,763,393 -$259,661 -2.4%
*Other minor sources of revenue not included in total (inter-district, intermediate, other)
Over the five year span of time from 2001-02 (base year) to 2006-07—as
revealed in Table 5a-LH—local General Fund revenue in Ladysmith-
Hawkins School District increased by +$31,116 or +1.4%, while State of
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