FY2013-Budget-Forecast

Sep 3, 2026

This document presents the fiscal year 2013 budget forecast, detailing projected revenues and expenditures. The forecast indicates that projected revenues are expected to exceed expenditures, with a preliminary gap of $5.7 million. The document outlines various factors influencing the revenue projections, including allowable growth of 2% approved by the Governor, a decrease in property tax due to valuations, and the ending of federal grants such as ARRA and Edujobs. Additionally, it accounts for reductions in other federal grants, Heartland AEA cuts, and losses in other state, local, and miscellaneous revenues. On the expenditure side, the forecast includes increases for salaries and benefits, partially offset by spending decreases resulting from Heartland AEA cuts. The budgetary shortfall for FY 2013 is estimated at $5.7 million.

LanguageEnglish

CategoryGeneral

FormatPDF

Pages41

Reading Time14 min

AccessFree to download

FY 2013 Projections

Projected Revenues FY 2012

FY 2013 Budgeted Revenues

Projected Expenditures FY 2012

Budgeted Expenditures FY 2013

Short Fall for FY 2013

FAQs

What is the projected budget shortfall for FY 2013?

The projected shortfall for FY 2013 is $5.7 million.

What factors are contributing to the decrease in projected revenues for FY 2013?

Decreases in projected revenues are due to property tax decreases, the ending of federal grants like ARRA and Edujobs, Heartland AEA cuts, and losses in other state, local, and miscellaneous revenues.

What are the main drivers of projected expenditure increases for FY 2013?

Projected expenditure increases are primarily driven by anticipated rises in salaries and benefits.

Sep 3, 2026

Upload by Riley West