Budget Information

2009-10 DISTRICT BUDGET
The budget of BCPS is a detailed operating plan that identifies estimated expenditures in relation to estimated revenues. The budget reflects the School Board’s priorities and represents a process through which policy decisions are made, implemented, and controlled. Funding for Broward County Public Schools is derived from three main sources of funding – Federal, State, and Local.

For the thirteenth consecutive year, BCPS received the Meritorious Budget Award from the Association of School Business Officials International for its 2008-09 annual budget. In addition, the Government Finance Officers Association of the United States and Canada presented the Distinguished Budget Presentation Award to the School Board of Broward County, Florida for its annual budget for the 2008-09 fiscal year. This is the twelfth year the District has received this prestigious award. In order to receive these awards, a governmental unit must publish a budget document that meets program criteria as a policy document, an operations guide, a financial plan, and a communications device. The awards represent a significant achievement by the District and reflect the commitment of the School Board and staff to meeting the highest standards of school budgeting.

Budget Process
Federal funds are received from the United States government. These funds are either received directly from the federal government or received with the state as the distributing agency.

State funds to school districts are provided primarily by legislative appropriations from the state’s General Revenue Funds through the Florida Education Finance Program (FEFP). While a number of tax sources are deposited in the state’s General Revenue Fund, the predominant tax source is the sales tax, which is currently at six percent. State funds appropriated to finance the FEFP for all districts in 2009-10 are $5.1 billion, down $900 million from 2008-09. In addition, funding for Class Size Reduction and School Recognition Awards for all districts in 2009-10 is $3 billion, down $51 million from 2008-09. The state used Fiscal Stabilization funds of $908 million from the American Recovery and Reinvestment Act to help make up for this budget shortfall.

More Budget Information
Next Fiscal Year's Budget Outlook and Challenges Video- WATCH NOW
District Budget Book 2009-2010 (pdf)
Stimulus Reporting Info
Financial Information
Investor Information