2007-08 Adopted Plan - Wake County Public School System

Anticipated RevenuesSource of Income Budget 2005-06 Budget 2006-07 Budget 2007-08Increase/Decrease%ChangeForecasted 2008-09%ChangeForecasted 2009-10%ChangeLocal Sources - UnrestrictedFines and ForfeituresWCPSS $ 3,280,061 $ 3,378,872 $ 3,576,632 $ 197,760 6% $ 3,675,497 3% $ 3,774,638 3%Charter Schools 119,939 121,128 123,368 2,240 2% 124,503 1% 125,362 1%3,400,000 3,500,000 3,700,000 200,000 6% 3,800,000 3% 3,900,000 3%Interest Earned on Investments 2,050,000 1,800,000 2,500,000 700,000 39% 2,700,000 8% 2,800,000 4%E rate 1,500,000 1,500,000 1,500,000 0 0% 1,500,000 0% 1,500,000 0%Red Light Camera Fines 0 0 75,000 75,000 100% 75,000 0% 75,000 0%Donations 81,215 96,292 0 (96,292) (100%) 0 0% 0%Carryforward 34,669 21,395 20,060 (1,335) (6%) 0 0% 0 0%115,884 117,687 20,060 (97,627) (83%) 0 0% 0 0%Special funds from IndividualSchools 72,331 119,401 0 (119,401) (100%) 0 0% 0 0%Worker's CompensationExcess Insurance Premium 0 15,239 0 (15,239) (100%) 0 0% 0 0%Subtotal Local Sources -Unrestricted $ 7,138,215 $ 7,052,327 $ 7,795,060 $ 742,733 11% $ 8,075,000 4% $ 8,275,000 2%Local Sources - RestrictedIndirect Cost - Food Service $ 2,700,000 $ 3,100,000 $ 3,250,000 $ 150,000 5% $ 3,350,000 3% $ 3,400,000 1%Indirect Cost 1,800,000 2,000,000 2,200,000 200,000 10% 2,200,000 0% 2,300,000 5%Smart Start Parents as Teachers 330,403 356,430 401,104 44,674 13% 413,716 3% 424,769 3%Project Enlightenment Self-SupportCurrent Year 155,000 155,000 155,000 0 0% 155,000 0% 155,000 0%Carryforward 32,000 83,436 149,661 66,225 79% 0 100% 0 0%187,000 238,436 304,661 66,225 28% 155,000 (49%) 155,000 0%Smart Start Prevention/Intervention/ 231,780 239,309 244,724 5,415 2% 255,702 4% 271,090 6%ReferralNCAE and Peace College FundedPositions 197,222 139,781 225,323 85,542 61% 197,515 (12%) 207,368 5%99 FY 2007-08 Plan for Student Success