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Moraine Park's 2006-07 Comprehensive Annual Financial Report
Moraine Park's 2008-09 Institutional Plan and Budget
Funding Sources
- 53 percent local property taxes (1.5 mil levy limit per statutes)
- 10 percent state aid (aid distribution formula plus incentive grants and student financial aid)
- 12 percent student tuition (estimated $2,910 per year for full-time students)
- 6 percent institutional (contracts, interest income, auxiliary services)
- 11 percent federal aid (grant awards and federal student financial aid)
- 8 percent debt proceeds
Expenditures* (2008-09 Budget):
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Personnel Services
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54.68 percent
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Current Expenses
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27.60 percent
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Capital Outlays
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7.92 percent
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Debt Service
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9.80 percent
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Total 2008-09 Budget:
- $45.8 million (Operating Budget)
- $27.5 million (All Other Funds)
* Governmental Funds Only
Other Fiscal Details (2007-08 data)
- Total tax mil rate: 1.34014
- Operating mil rate: 1.09180
- Debt Service mil rate: .24834
- Average tax on $100,000 home: $134.01
- Equalized valuation for 2007: $24,160,329,071
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