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Moraine Park's 2008-09 Comprehensive Annual Financial Report
Moraine Park's 2009-10 Institutional Plan and Budget
Funding Sources* (2009-10 Budget):
- 52 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 $3,000 per year for full-time students)
- 6 percent institutional (contracts, interest income, auxiliary services)
- 13 percent federal aid (grant awards and federal student financial aid)
- 7 percent debt proceeds
Expenditures* (2009-10 Budget):
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Personnel Services
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54.26 percent
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Current Expenses
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29.27 percent
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Capital Outlays
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8.01 percent
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Debt Service
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8.46 percent
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Total 2009-10 Budget:
- $49.1 million (Operating Budget)
- $28.5 million (All Other Funds)
* Governmental Funds Only
Other Fiscal Details (2008-09 data)
- Total tax mil rate: 1.34277
- Operating mil rate: 1.10184
- Debt Service mil rate: .24093
- Average tax on $100,000 home: $134.28
- Equalized valuation for 2008: $25,077,484,948
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