Members of the Board of Education 2 March 12, 2013REVENUE Total revenue is projected to be $2,186,610,210, which is $2.7 million more than the revisedbudget. The amount projected is the same as last month.
The projected revenue from the county is $1,419,513,701.
The projected revenue from the state is $590,494,275, which is $2.2 million more than therevised amount budgeted for state aid.
The projected revenue from Impact Aid is $450,000, which is $150,000 more than the amountestimated in the FY 2013 Operating Budget.
The projected revenue from other sources is $4,075,708, which is $350,000 more than therevised budget.
Appropriated Fund Balance
The projected revenue from appropriated fund balance is $24,069,165. This amount includes$7,069,165 for prior-year encumbrances.
The projected revenue from enterprise funds is $57,818,378.
The anticipated revenue for supported projects is $90,188,893. This estimate includes$9,230,705 for funds carried forward from FY 2012. Projects approved this month have beenassigned $85,598,425. Revenue has increased by $7,267,938 due the adoption of the asupplemental appropriation for the Title I Program.EXPENDITURES There is a projected surplus of $14,500,000. This is an increase of $800,000 over the amountprojected last month. There are projected surpluses in Category 1, Administration; Category 2,Mid-level Administration; Category 3, Instructional Salaries; and Category 10, Operation of