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TABLE OF CONTENTS

BUDGET SUMMARY

Revenue Narrative

2007-08 General Fund Revenue

Chart: Revenue by Source

Property Tax Mill Levy

Teacher Equivalency (TE)

Teacher Equivalency Allocation

The Public School Finance Act of 1994

PPA Budget Allocations

2007-08 PPA Budget Allocations

2007-08 Appropriations by Program and Object

Charts: Expenditures by Object and Division

Summary of Funds

Chart: Budget Appropriations

Personnel Summary