TOPIC 

The attachment below represents the 2007/2008 Final Budget. 

BACKGROUND 

The proposed Final Budget was developed with the participation and input from Division Managers and Senior Staff Officers.  The funding philosophy for this budget remains consistent with prior years in that a portion of the Fund Balance is identified to fund a portion of the One Time Expenditures, however no Undesignated Reserves are needed to fund current operations.  This meets the objectives of maintaining the District on a progressive track and provides for continuing growth and efficiencies. 

DISCUSSION 

The Budget consists of three budget units:  the General Operating Budget, Capital Improvement Budget, and the One Time Expenditure Plan Budget.  For presentation purposes all three budgets are presented separately and summarized as follows: 

2007/2008 Final Budget