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%ChangeFund Balance AppropriatedBeginning Appr. Fund Bal. $ 2,000,000 $ 587,412 $ 0 $ (587,412) (100%) $ 0 0% $ 0 0%Carryforward Purchase Orders 2,009,950 5,468,597 1,285,810 (4,182,787) (76%) 0 0% 0 0%Municipal Collaboration 2,376,224 3,191,496 0 (3,191,496) (100%) 0 0% 0 0%Conversion of Schools, Traditional to YR 670,000 0 (670,000) (100%)Underground Storage Tanks 0 230,000 0 (230,000) (100%) 0 0% 0 0%Startup Dollars for New Schools 0 18,436 0 (18,436) (100%) 0 0% 0 0%Insurance Proceeds 0 3,923 0 (3,923) (100%) 0 0% 0 0%Subtotal Fund Balance $ 6,386,174 $ 10,169,864 $ 1,285,810 $ (8,884,054) (87%) $ 0 0% $ 0 0%TOTAL - CAPITAL OUTLAY $ 581,541,421 $ 881,150,559 $ 638,118,628 $ (243,031,931) (28%) $ 705,570,724 11% $ 314,194,580 (55%)Multiple Enterprise FundChild NutritionBreakfast Reimbursement $ 58,013 $ 42,606 $ 46,342 $ 3,736 9% $ 48,201 4% $ 50,207 4%State Sources $ 58,013 $ 42,606 $ 46,342 $ 3,736 9% $ 48,201 4% $ 50,207 4%USDA Grants - Regular $ 13,416,919 $ 15,886,696 $ 17,279,952 $ 1,393,256 9% $ 17,973,111 4% $ 18,721,064 4%USDA Grants - Summer Feeding 53,000 76,491 83,167 6,676 9% 86,503 4% 90,103 4%Federal Sources $ 13,469,919 $ 15,963,187 $ 17,363,119 $ 1,399,932 9% $ 18,059,614 4% $ 18,811,167 4%Supplemental Sales $ 12,108,132 $ 12,557,529 $ 13,658,792 $ 1,101,263 9% $ 14,206,693 4% $ 14,797,907 4%Lunch Full Pay 8,593,931 9,468,930 10,299,332 830,402 9% 10,712,474 4% 11,158,275 4%Breakfast Full Pay 387,209 539,964 587,317 47,353 9% 610,877 4% 636,299 4%Interest Earned 263,616 510,532 555,305 44,773 9% 577,580 4% 601,616 4%Lunch Reduced 276,726 331,346 360,405 29,059 9% 374,862 4% 390,462 4%Catered Supplements 144,471 183,260 199,331 16,071 9% 207,327 4% 215,955 4%Suppers and Banquets 114,004 134,464 146,256 11,792 9% 152,123 4% 158,454 4%Catered Lunches 148,103 133,439 145,141 11,702 9% 150,963 4% 157,245 4%Breakfast Reduced 56,521 73,120 79,532 6,412 9% 82,722 4% 86,165 4%Catered Breakfast 3,289 3,119 3,393 274 9% 3,529 4% 3,675 4%Sales Revenues $ 22,096,002 $ 23,935,703 $ 26,034,804 $ 2,099,101 9% $ 27,079,150 4% $ 28,206,053 4%Subtotal Child Nutrition $ 35,623,934 $ 39,941,496 $ 43,444,265 $ 3,502,769 9% $ 45,186,965 4% $ 47,067,427 4%106