FY21 Forecast – Operating Funds
Since February Meeting:
FISCAL YEAR 2021
Better/ (Worse)
OPERATING FUNDS
Budget
Forecast
$17.5M increase in operating revenues due to state and federal funding decisions $0.6M decrease in operating expenses due lower staffing $15.5M swing in net margin compared to budget Bond covenants appear to be ok
In Thousands
Revenues
State General Local General
123,709 132,060
8,351
31,649 28,489 (3,160) 46,070 34,391 (11,679)
Enterprise Funds Student Funds
13,500 11,800 (1,700) Total Operating Revenues 214,928 206,740 (8,188) EXPENSES State General 125,925 126,029 (104) Local General 34,743 28,760 5,983 Enterprise Funds 50,562 35,415 15,147 Student Funds 12,971 10,337 2,634 Total Operating Expenses 224,201 200,541 23,660 Revenue Less Expense (9,273) 6,199 15,472
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