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2022–2023 BUDGET PROCESS
06-15-2022 — Lexington District One approves 2022-23 budget process
05-17-2022 — Lexington District One continues 2022–2023 budget process
04-27-2022 — Lexington District One begins 2022–2023 budget process
2022–2023 Budget Transparency
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What does the general fund operating budget fund?
The district’s general fund operating budget provides funding for the day-to-day operations of the district such as paying salaries, insurance and utilities, and purchasing supplies, materials and services. This is not to be confused with the district’s capital budget that funds fixed assets such as facilities and equipment, major building projects, technology and renovation projects through bonds, etc.
Many things impact a school district’s general fund budget each year — student growth, student-to-teacher ratios, tax collection rates, property tax relief, changes in other revenue from state and federal government, program needs and mandates such as increases in the cost of district employee health insurance, retirement or other benefits.
