Feature Article - June 2009
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A Look at Trends in Schools and School Districts

Respondents from schools and school districts were far more likely this year than last to be expecting lower revenues. While 6.5 percent of last year's respondents in this category predicted a drop in revenues from 2007 to 2008, 17.6 percent this year reported such a decrease. That number jumps to 30.8 percent projecting a decrease from 2008 to 2009, and 43.7 percent expecting a decrease from 2009 to 2010.

In fact, schools and school districts were more likely than other types of facilities to be expecting lower revenues over the next few years, and few were projecting any increases. For example, while around 40 percent of all respondents were projecting an increase in revenues between 2008 and 2009 (38.1 percent) and from 2009 to 2010 (41 percent), only about 12 percent of school respondents were expecting increases in the same period. (See Figure 45.)

Schools were also projecting the biggest drop in yearly operating expenditures from fiscal 2008 to 2010. The respondents from schools and school districts projected a decrease of 18.5 percent from an average annual operating budget of $2,343,000 in 2008 to $1,909,000 in 2010.