Week+3+Part+5-5342


 * ** Categories ** || ** District #1 ** || ** District #2 ** ||
 * ** Local District Property Value ** || $145,968,635 || $2,916,187,709 ||
 * ** I&S Tax Collections ** || $94,871 || $8,836,256 ||
 * ** Chapter 46 EDA ** || $572,716 || $0 ||
 * ** $ Available For Facilities ** || $667,587 || $8,836,256 ||

From Rob:

DPV- $145,968,635 I & S- $94,871 Chapter 46 EDA- $572,716
 * District 1**

DPV- $2,916,187,709 I & S- $8,836,256 Chapter 46 EDA- $0
 * District 2**

There are some glaring indications that District 1 is in a far poorer position to make payments on existing debt. The first is that they are upside down in fund balance over $900,000. Additionally, their ability to raise tax revenue is minimal with property value just shy of $150,000,000. District 2, on the other hand, has a massive tax base of nearly 3 billion. Their ability to raise funds is powerful. Additionally, they have a healthy fund balance of 6.8 million dollars.

Proportionately, both districts have the same number of schools (7) and comparable numbers of students around 3900. With both the ability to collect from a large tax base, and a robust fund balance, it is clear that District 2 is in a much better position to update and maintain facilities.