ADJUSTED PUPIL UNITS EXT TIME MARGINAL COST PU (ETMCPU) LIMITED ENGLISH PROFICIENCY (LEP)

Transcription

1 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 01 OF 31 LEVY LIMITATION AND CERTIFICATION PROPERTY VALUATION DATA PUPIL DATA REPORT OUTLINE PAGE MARKET VALUE RESIDENT COUNTS ARE BASED ON ALL I. GENERAL INPUT DATA PUBLIC SCHOOL STUDENTS LIVING IN A A. PROPERTY VALUATION MARKET VALUE 7,219,266,400 DISTRICT, REGARDLESS OF WHETHER THEY B. PUPIL COUNTS MARKET VALUE 7,892,463,400 ATTEND THERE. ADJUSTED COUNTS MARKET VALUE 8,622,079,595 REFLECT ALTERNATIVE ATTENDANCE. II. INITIAL COMPUTATIONS BY FUND MARKET VALUE 9,416,429,858 A. GENERAL MARKET VALUE 9,947,347,893 RESIDENT AVE DAILY MEMBERSHIP (ADM) B. COMMUNITY SERVICE 9 C. GENERAL DEBT RES ADM (ACT) 7, D. OPEB/PENSION DEBT 11 REFERENDUM MARKET VALUE (RMV) RES ADM (ACT) 7, III. ADJUSTMENTS BY FUND RES ADM (EST) 7, A. GENERAL RMV 7,211,175, RES ADM (EST) 7, B. COMMUNITY SERVICE RMV 7,870,380, RES ADM (EST) 7, C. GENERAL DEBT RMV 8,608,116, RMV 9,402,457,000 RESIDENT PUPIL UNITS IV. ABATEMENT ADJUSTMENTS RMV 9,918,652, RES PU (ACT) 9, V. OFFSET ADJUSTMENTS RES PU (ACT) 8, NET TAX CAPACITY (NTC) RES PU (EST) 8, VI. TACONITE ADJUSTMENTS RES PU (EST) 8, NTC 76,507, RES PU (EST) 8, VII. AID & LEVY SUMMARY NTC 84,687, NTC 93,133, RES PU (ACT) VIII. TOTAL LEVY LIMITATION NTC 103,352,950 USING KGN WT = , NTC 110,219,887 IX. CERTIFICATION FORMS 22 LINES (38) & (39) ARE SALES RATIO BASED ON A REG KGN WT OF SCHOOL FORMULA GENERAL LINES (40) TO (43) ARE YEAR ALLOWANCE RATE SALES RATIO 84.2% BASED ON A REG KGN WT OF SALES RATIO 83.8% , SALES RATIO 90.1% RESIDENT MARGINAL COST PU (RMCPU) , SALES RATIO 90.4% , SALES RATIO 95.8% RMCPU (ACT) , = GTR OF (39) OR , UNLIMITED ADJUSTED NTC (UANTC) [.23X(38) +.77X(39)] 8, , RMCPU (EST) , UANTC=(11)/(16)= 90,863,853 = GTR OF (40) OR , UANTC=(12)/(17)= 101,058,722 [.23X(43) +.77X(40)] 8, , UANTC=(13)/(18)= 103,366, RMCPU (EST) , UANTC=(14)/(19)= 114,328,485 = GTR OF (41) OR , UANTC=(15)/(20)= 115,052,074 [.23X(40) +.77X(41)] 8, , RMCPU (EST) , ADJUSTED NTC (ANTC) = GTR OF (42) OR [.23X(41) +.77X(42)] 8, NOTE THAT THESE NUMBERS ARE NOT ANTC 90,863,853 ALWAYS COMPARABLE FROM YEAR TO YEAR ANTC 101,058, ANTC 103,366,636 ADJUSTED ADM WEIGHTS FOR FY ANTC 114,328,485 PUPIL UNITS FY & LATER ANTC 115,052, ADJ ADM (ACT) 8, ADJ ADM (ACT) 8, PRE-KGN: ADJUSTED NTC (ANTC) ADJ ADM (EST) 7, HCP-KGN: USED FOR DEBT SERVICE ONLY ADJ ADM (EST) 7, REG-KGN: ADJ ADM (EST) 7, GRADES 1-3: ANTC, JOBZ GRADES 4-6: ANTC, TOTAL GRADES 7-12: = (30)+(31) = 115,052,074

2 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 02 OF 31 ADJUSTED PUPIL UNITS EXT TIME MARGINAL COST PU (ETMCPU) LIMITED ENGLISH PROFICIENCY (LEP) ADJ PU (ACT) 9, ETMCPU (ACT) ELIGIBLE ADJ PU (ACT) 9, = GTR OF (69) OR LEP ADM (EST) ADJ PU (EST) 9, [.23X(68) +.77X(69)] ELIGIBLE ADJ PU (EST) 8, ETMCPU (EST) LEP ADM (EST) ADJ PU (EST) 8, = GTR OF (70) OR 109 IF(108)=0, ZERO; ELSE [.23X(73) +.77X(70)] GTR OF 20, (108), OR ADJ PU (ACT) ETMCPU (EST).23X(107)+.77X(108) = USING KGN WT = , = GTR OF (71) OR 110 LEP REVENUE [.23X(70) +.77X(71)] = $700 X (109) = 326, LINES (53) & (54) ARE ETMCPU (EST) BASED ON A REG KGN WT OF = GTR OF (72) OR ADM SRV (EST) 7, LINES (55) TO (58) ARE [.23X(71) +.77X(72)] LEP CONCENTRATION BASED ON A REG KGN WT OF RATIO = (108)/(111) = LEP CONCENTRATION ADJUSTED MARGINAL COST PU (AMCPU) GENERAL EDUCATION REVENUE FACTOR = LSR OF 1 OR (112)/.115 = AMCPU (ACT) BASIC REVENUE 114 LEP PUPIL UNITS = GTR OF (54) OR = (108) X (113) = [.23X(53) +.77X(54)] 9, FORMULA ALLOW 5, LEP CONCENTRATION REV AMCPU (EST) AMCPU (EST) 8, = $250 X (114) = 63, = GTR OF (55) OR [.23X(58) +.77X(55)] 9, BASIC REVENUE 116 DISTRICT LEP REV AMCPU (EST) = (62) X (101) = 44,486, LEP CONCENTRATION REV = GTR OF (56) OR = (110)+(115) = 389, [.23X(55) +.77X(56)] 8, AMCPU (EST) GIFTED & TALENTED REVENUE 117 BASIC SKILLS REVENUE = GTR OF (57) OR = (106)+(116) = 1,945, [.23X(56) +.77X(57)] 8, GIFTED & TALENTED REV = (62) X $12.00 = 104, SPARSITY REVENUE EXTENDED TIME ADM ADM >1.0 CAPPED AT 0.2 EXTENDED TIME REVENUE 118 ATTENDANCE AREA FOR SPARSITY EXT ADM (ACT) ETMCPU (EST) DIST TO NEAREST HS EXT ADM (ACT) ISOLATION INDEX EXT ADM (EST) EXTENDED TIME REVENUE = [SQ RT (.55 X (118))] EXT ADM (EST) = (77) X $4,601 = 443, (119) = EXT ADM (EST) ISOLATION INDEX RATIO = [(120)-23]/10, WITH EXTENDED TIME PU COMPENSATORY REVENUE MIN=0 AND MAX= EXT TIME PU COMPENSATORY ADM SRV, , EXT TIME PU REVENUE (SEE COMP 123 SECONDARY SPARSITY ADM RATIO EXT TIME PU REVENUE REPORT) 1,607, = GREATER OF ZERO OR EXT TIME PU [400-(122)] EXT TIME PU EST COMPENSATORY /[400+(122)] = = (105) 124 SECONDARY SPARSITY REVENUE EXT TIME PU X (5, )/(5, ) = (101) X (121) USING KGN WT = X [(51)/(50)] = 1,555, X (122) X (123) OR SEE WEBSITE: LINES (68) & (69) ARE BASED ON A REG KGN WT OF ELEM SPARSITY REVENUE LINES (70) TO (73) ARE (SEE WEBSITE) BASED ON A REG KGN WT OF SPARSITY REVENUE = (124)+(125) =

3 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 03 OF 31 TRANSPORTATION SPARSITY REFERENDUM REVENUE REFERENDUM REVENUE (CON'T) 127 ATTENDANCE AREA REF AUTH W/O INFLATION $/RMCPU 128 SQUARE MILES PER ADJUSTMENT ON BALLOT CANCELLED BY ELECTIONS RES PU = (127)/(42) =.0035 HELD IN CY 07 OR AUTH $/RMCPU $/RMCPU, 129 SPARSTIY INDEX = GTR ( GEN ED REV UNCAPPED AUTHORITIES, OF (128) OR 0.2 =.2000 REPORT, LINE 106) 1, WITH INFLATION ADJUST 130 DENSITY INDEX PHASEOUT ON BALLOT = (152) = LSR OF (128) OR 0.2 OF LINE (142) (SEE +(153)+(154)-(155) = BUT AT LEAST.005 =.0050 REF PHASEOUT REPT) $/RMCPU, 131 PRELIMINARY TOTAL $/RMCPU UNCAPPED TOTAL, TRANSPORT ALLOWANCE ADDED BY ELECTIONS ALL AUTHORITIES = [(129) RAISED TO.26 POWER] HELD BEFORE CY =(147)+(156) = 1, X [(130) RAISED TO.13 POWER] $/RMCPU X.1469 X (101) = ADDED BY ELECTIONS 158 STANDARD CAP BASED ON HELD IN CY 2008 FORMULA ALLOWANCE 132 TRANSPORTATION $/RMCPU =.26 X (101) = 1, SPARSITY ALLOWANCE CANCELLED BY ELECTIONS = GTR OF ZERO OR (131) HELD IN CY 07 OR INFLATION FACTOR (EST) -[.0485 X (101)]=.24 FY 2004 TO FY $/RMCPU, 160 STANDARD CAP BASED ON 133 TRANSPORTATION UNCAPPED AUTHORITIES, CPI= $1,294 X (159) = 1, SPARSITY REVENUE W/O INFLATION ADJUST = (62) X (132) = 2, ON BALLOT = (142)-(143) 161 STANDARD CAP +(144)+(145)-(146) = 1, = GREATER OF (158) OR (160) = 1, TRAINING & EXPERIENCE REF AUTH WITH INFLATION 162 REFERENDUM 134 T&E INDEX (EST).7041 ADJUSTMENT ON BALLOT CONVERSION ALLOW 135 T&E ALLOWANCE ( GEN ED REV = GREATER OF ZERO OR AUTH $/RMCPU REPORT, LINE 85) [(134)-0.8] X $660 = ( GEN ED REV REFERENDUM REPORT, LINE 111) AUTHORITY/WADM 1, TRN & EXP REVENUE PHASEOUT = (62) X (135) = OF LINE (148) (SEE 164 INFLATION FACTOR (EST) REF PHASEOUT REPT) FY 2004 TO FY OPERATING CAPITAL AUTH $/RMCPU 165 ALT CAP POST-FY09 BEFORE INFLATION ADJ GROWTH ADDITION = 137 AVE BUILDING AGE (EST) =(148)-(149) = [(5,124/5,074)-1]/ (NOT > 50 YEARS) FY 2010 ANNUAL INFLATION 166 ALT CAP MULTIPLIER 138 FACILITIES AGE INDEX = FACTOR (EST) = (164)+(165) = [.01 X (137)] = OPERATING CAPITAL AUTH $/RMCPU 167 ALTERNATE CAP = ALLOWANCE = $73 AFTER INFLATION ADJ GREATER OF ZERO OR + [$100 X (138)] = =(150) X (151) = [[1.177X(163)X(166)] +(162)-$215] = 1, YEAR ROUND MCPU SRV $/RMCPU ADDED BY ELECTIONS 126 SPARSITY REVENUE 141 OPERATING CAP REVENUE HELD BEFORE CY 08 = (62) X (139) $/RMCPU 168 CAP ON AUTHORITY PER + $30 X (140) = 1,823, ADDED BY ELECTIONS RMCPU: IF (126)>0 HELD IN CY 2008 THERE IS NO CAP; ELSE (168) = GTR OF (161) OR (167) 1,798.35

4 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 04 OF 31 REFERENDUM REVENUE (CON'T) EQUITY REVENUE (CON'T) ALTERNATIVE TEACHER COMP REV (CON'T) $/RMCPU, 169 FY 2010 DISTRICT 201 ALTERNATIVE TEACHER CAPPED TOTAL = LSR REFERENDUM REV/RMCPU 1, COMPENSATION REVENUE OF (157) OR (168) = 1, = GTR OF ZERO OR = $ X (200) = 1,930, [(187)-(169)] = 202 GRANDFATHER ALT RMCPU (EST) 8, RMCPU (EST) 8, COMP REVENUE REFER REVENUE 189 = LSR OF 203 TOTAL ALT TEACH = (47) X (169) = 13,568, $100,000 OR COMP REVENUE [(47) X (188)] = = (201)+(202) = 1,930, EQUITY REVENUE 190 = (185)+(189) = OPERATING CAPITAL AIDS & LEVIES 171 METRO 5TH PERCENTILE 5, IF (177) = MET 172 METRO 95TH PERCENTILE 6, THEN (191) = 0.25 X (190) 141 OPERATING CAP REVENUE 1,823, METRO GAP ELSE (191) = ZERO =(172)-(171) = 1, ANTC 115,052, AMCPU (EST) 8, AMCPU (EST) 8, RURAL 5TH PERCENTILE 5, ANTC/AMCPU 175 RURAL 95TH PERCENTILE 6, = $46.00 X (62) = 399, = (30)/(62) = 13, RURAL GAP 205 LEVY RATIO FOR OPER CAP =(175)-(174) = 1, EQUITY REVENUE = LESSER OF 1 OR = (185)+(189) (204)/$10,700 = DISTRICT'S REGION: + (191)+(192) = 399, METRO=MET; RURAL=RUR MET 206 OPERATING CAP LIMIT = (141) X (205) = 1,823, DIST'S REGION'S EQUITY TRANSITION REVENUE 207 OPERATING CAP AID GAP = (173) OR (176)= 1, = (141)-(206) = 179 DIST'S REGION'S 95TH 194 TRANSITION ALLOWANCE PCT = (172) OR (175)= 6, ( GEN ED REV REPT, LINE 210) EQUITY AIDS & LEVIES 180 DISTRICT'S REVENUE/PU 195 PRELIM TRANSITION REV FOR EQUITY PURPOSES = (62) X (194) = 193 EQUITY REVENUE 399, = [(102)+(170)]/(62)= 6, TRANSITION REVENUE RMV 9,918,652, DISTRICT'S EQUITY GAP FOR PREKINDERGARTEN RMCPU (EST) 8, = GREATER OF ZERO PROGRAMS ( RMV/RMCPU OR (179)-(180) = GEN ED RPT, LINE 144) 2, = (10)/(47) = 1,191, TRANSITION REVENUE 182 EQUITY INDEX FOR TUITION RECIPROCITY 209 LEVY RATIO FOR = (181)/(178) = (SEE MEMO) EQUITY, TRANSITION & 183 = $75 X (182) = REF TIER FY 10 TRANSITION REVENUE = LESSER OF 1 OR 170 REFERENDUM REVENUE 13,568, = (195)+(196)+(197) = 2, (208)/$476,000 = INITIAL EQUITY ALLOW IF (181)=0 THEN (184)=0 210 EQUITY LIMIT ELSE IF (170)=0 ALTERNATIVE TEACHER COMPENSATION REV = (193) X (209) = 399, THEN (184)=$ EQUITY AID ELSE (184)=$13+(183) 199 ENROLLMENT AS OF OCT 1, = (193)-(210) = AMCPU (EST) 8, AT PARTICIPATING SITES ( = (62) X (184) = GEN ED RPT, LINE 155) 7, EST ENROLLMENT AS OF 186 FY 2010 STATE AVERAGE OCTOBER 1, 2008 AT REF REV/RMCPU (EST) PARTICIPATING SITES 187 =.10 X (186) = = (199)X[(51)/(50)] = 7,423.32

5 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 05 OF 31 TRANSITION AIDS & LEVIES REFERENDUM LEVY PORTIONS TAX BASE REPLACEMENT AID (CON'T) 198 TRANSITION REVENUE 2, RMV/RMCPU 1,191, INITIAL REVENUES ARE REDUCED TO MAKE TAX BASE REPLACEMENT AID 212 TRANSITION LIMIT 209 TIER 1 = LSR OF 1 REVENUE-NEUTRAL. REVENUE COMPONENTS = (209) X (198) = 2, OR (208)/$476,000 = ARE REDUCED IN THE FOLLOWING ORDER: 213 TRANSITION AID 225 TIER 2 = LSR OF 1 = (198)-(212) = OR (208)/$270,000 = TIER 2 AID 237 TIER 1 AID 214 TRANSITION LIMIT, REFERENDUM LEVY AUTHORITY 238 TIER 1 LEVY 12, PREKGN PROGRAMS 239 TIER 2 LEVY = (212) 226 TIER 1 LEVY 240 UNEQL LEVY X [(196)/(198)] = 2, = (222) X (209) = 5,826, TRANSITION LIMIT, 227 TIER 2 LEVY APPLYING THESE REDUCTIONS GIVES THE TUITION RECIPROCITY = (223) X (225) = 5,262, FOLLOWING: = (212) 224 UNEQUALIZED LEVY 2,479, X [(197)/(198)] = 228 TOTAL 235 TAX BASE REPLACE AID 12, TRANSITION LIMIT, = (226)+(227)+(224) = 13,568, TIER 1 AID OTHER = (229)-(237) = = (212)-(214)-(215) = 242 TIER 2 AID REFERENDUM AID = (230)-(236) = 243 TIER 1 LEVY REFERENDUM AIDS & LEVIES 229 TIER 1 AID = (226)-(238) = 5,814, = (222)-(226) = 244 TIER 2 LEVY 169 REFER $/RMCPU 230 TIER 2 AID = (227)-(239) = 5,262, ALL AUTHORITIES 1, = (223)-(227) = 245 UNEQL LEVY 231 TOTAL AID = (224)-(240) = 2,479, TIER 1 CAP/RMCPU = (229)+(230) = 126 SPARSITY REVENUE 246 TOTAL OPERATING REFERENDUM TAX BASE REPLACEMENT AID (TBRA) EQUALIZATION AID 218 TIER 1 + TIER 2 CAP/RMCPU = (241)+(242) = IF (126) > ZERO 232 ADJ INITIAL TBRA THEN (218) = 9, (FROM TBRA PHASEOUT 247 OPER REFERENDUM LEVY ELSE (218) = (158) 1, REPORT, LINE 11) 12, = (243)+(244)+(245) = 13,556, BREAKDOWN OF $/RMCPU 233 CONVERTED ADJ FY 2002 BY TIER, ALL AUTHORITIES REF AUTHORITY ALT TEACHER COMP AIDS & LEVIES (FROM TBRA PHASEOUT 219 TIER 1 = LSR OF REPORT, LINE 24) 1, ALT COMP REVENUE (169) OR (217) = (EXCL GRANDFATHER) 1,930, TIER 2 = [LSR OF (169) REF $/RMCPU, OR (218)]-(219) = UNCAPPED TOTAL 1, ALT COMP BASIC AID 221 UNEQUALIZED = 0.65 X (201) = 1,254, = (169)-(219)-(220) = PRORATED TBRA 249 ALT COMP POTENTIAL LEVY = LSR OF (232) OR = (201)-(248) = 675, BREAKDOWN OF REFERENDUM REVENUES (232) X [(157) ANTC/AMCPU 13, / (233)] = 12, ALT COMP LEVY PORTION 170 REFERENDUM REVENUE = LESSER OF 1 OR ALL AUTHORITIES 13,568, REFER REV 13,568, [(204)/$5,913] = TOTAL, TIER CAPPED TBRA = LSR OF 251 ALT TEACHER COMP LEVY = (47) X (219) = 5,826, (234) OR (170) = 12, = (249) X (250) = 675, TOTAL, TIER ALT COMP EQUALIZATION AID = (47) X (220) = 5,262, = (201)-(248)-(251) = 224 TOTAL, UNEQUALIZED = (170)-(222)-(223) = 2,479,119.05

6 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 06 OF 31 ALTERNATIVE ATTENDANCE ADJUSTMENT GENERAL EDUCATION REVENUE SUMMARY LOCAL COLLABORATIVE TIME STUDY (LCTS) LEVY ADJ PU (EST) 8, BASIC 44,486, RES PU (EST) 8, GIFTED & TALENTED 104, ALLOCATED LCTS FUNDS 98, NET OPTIONS PU 104 EXTENDED TIME 443, LCTS LEVY LIMIT = (57)-(42) = BASIC SKILLS REVENUE 1,945, = (270) / 3 = 32, SPARSITY 246 TOTAL REFER AID 133 TRANSPORT SPARSITY 2, REF AID/RMCPU 136 TRN & EXP REVENUE INTEGRATION REVENUE = (246)/(47) = 141 OPERATING CAPITAL 1,823, EQUITY REVENUE 399, ADJ PU (EST) 8, CONCENTRATION INDEX 198 TRANSITION 2, EST BUDGET 1,132, = [(253)/(42)-0.2] 203 ALT TCHR COMPENSATION 1,930, INTEG REV RATE BUT >=0 AND <=1 170 REFERENDUM 13,568, MPLS ONLY LEVY 264 ALT ATTENDANCE ADJ 25, INTEGRATION REVENUE 217 TIER 1 CAP/RMCPU TOTAL GENERAL REVENUE = LSR (272) OR 256 CONCENTRATION ALLOW = (102)+(103)+(104) (57) X (273) = 1,111, = (255) X (217) = + (117)+(126)+(133) 276 INTEGRATION LEVY + (136)+(141)+(193) = (275) X.30 = 333, INITIAL ADJ PER PU + (198)+(203)+(170) IF (253)<0, (257)=(254) + (264) = 64,731, INTEGRATION AID ELSE (257) = GTR OF = (275)-(276) = 777, (254) OR (256) = GENERAL AIDS & LEVIES 258 INITIAL ALT ATTENDANCE 206 OPERATING CAP LEVY 1,823, REEMPLOYMENT INSURANCE LEVY ADJ = (253) X (257) = 210 EQUITY LEVY 399, TRANSITION LEVY 2, EST FY 09 EXPEND 50, TRANSPORT ALLOWANCE TOTAL OPER REFER LEVY 13,556, AMCPU OF CHARTER 251 ALT COMP LEVY 675, INITIAL REEMPLOYMENT SCHOOLS TRANSPORTED LEVY = 100% OF (278)= 50, BY DISTRICT TOTAL GENERAL ED LEVY = (206)+(210)+(212) 260 ETMCPU OF CHARTER + (247)+(251) = 16,456, SAFE SCHOOLS LEVY SCHOOLS TRANSPORTED 267 TOTAL GENERAL ED AID BY DISTRICT = (265)-(266)= 48,274, SAFE SCH LVY REQUEST? YES 261 CHARTER ALT ATT ADJ AMCPU (EST) 8, = (131) X (259) + $223 X (260) = 25, SPECIAL PROGRAMS AID 281 SAFE SCH LEVY LIMIT = $30 X (62) = 260, RES PU ATTENDING ESTIMATES OF FY 2010 SPECIAL MN STATE ACADEMIES EDUCATION AID AND EXCESS COST AID 263 MN STATE ACADEMIES SHOWN BELOW ARE BASED ON THE 2008 SAFE SCHOOLS INTERMEDIATE LEVY ALT ATTENDANCE ADJ END OF LEGISLATIVE SESSION ESTIMATES. = - (101) X (262) = PLEASE NOTE THAT THESE ARE ROUGH 282 SAFE SCH INTERMEDIATE ESTIMATES AND MAY CHANGE LEVY REQUEST? YES 264 ALT ATTEND ADJ TO AID SIGNIFICANTLY WHEN UPDATED DATA 283 INTERMEDIATE LEVY = (258)+(261)+(263) = 25, BECOME AVAILABLE. ALLOWANCE <= $ AMCPU (EST) 8, SPEC ED REGULAR BEFORE TUITION ADJ 9,265, SAFE SCH INTERMEDIATE LIMIT = (62) X 268A NET TUITION ADJUST 922, X (283) = 86, EXCESS COST AID 1,243,225.42

7 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 07 OF 31 JUDGMENT LEVY NONPUBLIC TRANSPORTATION AID (CON'T) HEALTH AND SAFETY (CON'T) 285 DISTRICT JUDGMENTS 305 ESTIMATED FY FY OTH REVENUE 375, INTERMED JUDGMENTS NONPUBLIC 327 FY 10 OTHER REVENUE 287 JUDGMENT LIMIT NONREGULAR COST 328 CUMULATIVE REVENUE =(285)+(286) = = (321) TO (327) = 13,185, ESTIMATED FY 10 NONPUBLIC 329 MAX H&S ADD REV = GTR ICE ARENA LEVY NONREGULAR AID ZERO OR (320)-(328) = 811, X (305) X 5124/5074= 288 FY 08 NET OPER COSTS 307 FY 10 ESTIMATED ALTERNATIVE FACILITIES 289 ICE ARENA LEVY LIMIT TRANSPORTATION AID (ALT FAC OR AF/H&S) = 100% OF (288) = = (304)+(306) = 223, REG ALT FAC PAYGO REVENUE APPROVED 1,500, FY 09 CAREER & TECHNICAL CARPENTER BUS 331 PAY 98 REG ALT FAC PAYGO GRANDFATHER AID ADM SRV , # OF ELIGIBLE BUSES 332 PAY 09 REG ALT FAC 291 ALLOWANCE PER ADM CARPENTER BUS AUTHORITY PAYGO REV ADJ (MEMO) MAX REVENUE = (308) X $30,000 = 333 NET REG ALT FAC = (290) X (291) = 155, PAYGO REV = (330) PAY 06 LEVY - (331) + (332) = 1,500, APPROVED BUDGET 873, PAY 07 LEVY 294 =.25 X (293) = 218, PAY 08 LEVY 334 AF/H&S PAYGO REV APPR 295 PRELIMINARY REVENUE 313 TOTAL CUMULATIVE LEVY 335 PAY 09 AF/H&S PAYGO = LESSER OF (292) = (310) TO (312) = REVENUE ADJUST (MEMO) OR (294) = 155, AF/H&S PAYGO REV LIMIT 314 CARPENTER BUS LIMIT = (334) + (335) = 296 LEVY AUTHORITY PAY , = (309)-(313) = 297 REVENUE GUARANTEE 337 PAYGO REVENUE LIMIT = LESSER OF (293) (ALT FAC AND AF/H&S) OR (296) = 145, CAPITAL RELATED LEVY LIMITATIONS = (333) + (336) = 1,500, CAREER TECH LEVY LIMIT HEALTH AND SAFETY (H&S) ANTC 115,052,074 = GREATER OF (295) (INC INTERMED DISTRIBUTION) AMCPU (EST) 8, OR (297) = 155, ANTC/AMCPU CUMULATIVE COST: = (30)/(62) = 13, H&S/AF LEVY RATIO = LSR NONPUBLIC TRANSPORTATION AID 315 FY H&S ACT COST 11,931, OR (338)/$2,935 = FY 07 ACTUAL H&S COST 582, ESTIMATED FY FY 08 EST H&S COST 659, REG/EXCESS COST 2,330, FY 09 EST H&S COST 588, HEALTH & SAFETY AIDS & LEVIES 300 ACTUAL FY FY 10 EST H&S COST 235, BUS DEPRECIATION 320 CUMULATIVE H&S COST 340 INITIAL H&S LIMIT 301 FY 08 REGULAR FTE 7, = (315) TO (319) = 13,997, (MIN FOR MAX AID) 302 FY 08 EXCESS FTE = (329) X (339) = 811, ESTIMATED FY 10 CUMULATIVE REVENUE: 341 INITIAL H&S AID NONPUBLIC FTE = (329) - (340) = 321 FY H&S REVENUE 10,727, H&S/AF AID PRORATION FY 10 NONPUBLIC 322 FY 06 ACT H&S REVENUE 636, PRORATED H&S AID TO AND FROM AID 323 FY 07 ACT H&S REVENUE 667, = (341) X (342) = = [(299)+(300)] 324 FY 08 EST H&S REVENUE 165, H&S LEVY LIMITATION / [(301)+(302)] X (303) 325 FY 09 EST H&S REVENUE 613, = (329) - (343) = 811, X 5,124/5,074 = 223,205.39

8 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 08 OF 31 ALTERNATIVE FACILITIES AIDS & LEVIES DISABLED ACCESS LIMIT (CON'T) OTHER INITIAL GENERAL LEVIES 345 INITIAL ALT FAC LIMIT 364 DISABLED ACCESS LIMIT 384 CONSOLIDATION/ (MIN FOR MAX AID) = GREATER OF ZERO TRANSITION = (337) X (339) = 1,500, OR (358)-(363)= 385 REORGANIZATION 346 INITIAL ALT FAC AID OPERATING DEBT = (337) - (345) = 386 HEALTH BENEFITS LEASE LEVY LIMITATION 387 HEALTH INS (MPLS) 342 H&S/AF AID PRORATION ADDL RETIREMENT 347 PRORATED ALT FAC AID 365 DIST'S SHARE OF LEASES (MPLS AND STP) = (346) X (342) = FOR INTERMEDIATE DISTS 389 SEVERANCE 348 ALT FAC LEVY LIMIT 287, 916 OR , ADMIN DISTRICT = (337) - (347) = 1,500, AMCPU (EST) 8, SWIMMING POOL 366 INTERMED PUPIL UNIT 392 TREE GROWTH LIMIT = $43 X (62) = 373, CONSOLIDATION/ DEFERRED MAINTENANCE LIMIT 367 INTERMED LEASE LIMIT = RETIREMENT LSR (365) OR (366) = 166, ECON DEVELOP ABATE ANTC 115,052, OTHER GENERAL (MEMO) AMCPU (EST) 8, INTERMED DIST CARRYOVR 349 AVG BLDG AGE (EST) = (365) - (367) = 396 SUBTOTAL--OTHER INITIAL (NO AGE LIMIT) APPR OPER LEASE NONJ 358, GENERAL LEVIES 350 ELG FOR DEF MNT REV? NO 370 APPR OPER LEASE JOINT 41, = (384) T0 (395) = 351 BLDG AGE RATIO = LSR 371 APPR CAP LEASE NONJ OF 1 OR (349)/35 = 372 APPR CAP LEASE JOINT INITIAL GENERAL FUND LEVY 352 MAX DEF MAINT REV = 373 TIES CAPITAL LEASE 19, $60 X (62) X (351) = 374 SUM (368) TO (373) = 419, GENERAL RMV VOTER APPROVED 338 ANTC/AMCPU RES PU (EST) 8, JOBZ EXEMPT = (30)/(62) = 13, PUPIL UNIT MAX LIMIT = (247) = 13,556, DEF MAINT LEVY RATIO = $150 X (42) = 1,246, LSR 1 OR (338)/$5, COMM APPROVED LIMIT 398 GENERAL RMV OTHER 354 DEF MAINT LEVY LIMIT 377 REGULAR MAX LIMIT = JOBZ EXEMPT = (352) X (353) = GTR (375) OR (376) = 1,246, = (210)+(212) = 401, INITIAL DEF MAINT AID 378 LSR (374) OR (377) 419, = (352) - (354) = 379 LEASE LEVY LIMIT 399 GENERAL NTC = (367) + (378) = 585, VOTER APPROVED JOBZ EXEMPT DISABLED ACCESS LIMIT = (382) = 2,000, INITIAL CAPITAL RELATED LEVIES 356 FY APPRVD COSTS 300, GENERAL NTC OTHER 357 MAXIMUM = GTR OF (JUNE 206 OPERATING CAPITAL 1,823, JOBZ EXEMPT = (251) 91 COMPONENT DISTS X 344 HEALTH & SAFETY 811, (271)+(276)+(279) 150,000) OR 300,000 = 300, PAYGO ALTERNATIVE FAC 1,500, (281)+(284)+(287) 358 LSR OF (356) OR (357) 300, DEFERRED MAINTENANCE +(289)+(298)+(314) 364 DISABLED ACCESS +(383)-(382)+(396) = 6,314, FIRST YEAR DISABLED 379 LEASE LEVY 585, ACCESS LEVY CERTIFIED COOP BLDG REPAIR 401 TOTAL INITIAL GENERAL 360 LAST YEAR TO CERTIFY 381 OTHER CAPITAL (MEMO) LEVY LIMITATION = (359) + 7 YEARS = CAP PROJECTS REFER 2,000, = (397)+(398) 383 CAPITAL RELATED LIMITS + (399)+(400) = 22,272, TOTAL CUM CERT LEVY = (206)+(344)+(348) (PAY 93 TO PAY 07) 300, (354)+(364)+(379) 362 CERT LEVY PAY 08 + (380)+(381)+(382) = 6,720, TOTAL CERTIFIED LEVY = (361)+(362) = 300,000.00

9 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 09 OF 31 COMMUNITY SERVICE HOME VISITING LIMIT GENERAL DEBT SERVICE (CON'T) BASIC COMMUNITY EDUCATION 519 HOME VISITING LIMIT 705 PAY 09 REQ DEBT SERV (PRIOR TO FUND BAL ADJUST) = $1.60 X (512) = 4, LEVY FOR TAC BONDS 706 FY 10 TACONITE INITIAL LEVY LIMITATION: FUNDING FOR BONDS DISABLED ADULTS 707 TAC ADJ TO REQ = (706) 501 POPULATION (YR 2000) 62,483 OR ((706) X 1.05) = 502 GTR OF (501) OR 1,335 62, DISABLED ADULTS LIMIT 708 NET REQ DEBT SERV LEVY LSR: $30,000 OR 50% OF TACONITE=(705)-(707)= 503 YOUTH SERVICE PROG? YES APPROVED EXPENDITURE 7, AFTER SCHOOL 709 PAY 97 LEVY FOR ALT ENRICHMENT? YES FACILITY BONDS (MAX SCHOOL-AGE CARE ALT FAC BONDED AID) 505 FY 10 GENERAL REVENUE 710 ALT FAC AID ADJUST = = $5.42 X (502) = 338, FY 10 SCH-AGE CARE REV 1.05 X (709) ROUNDED= 506 FY 10 YOUTH SERVICE (FY 10 EST COST) 475, ALT FAC REQ REG DEBT REV = $1.00 X (502) = 62, SERV LEVY (SOLD BY 507 FY 10 AFTER SCHOOL ANTC 115,052,074 JULY 1ST AND AID ELG) 2,472, REVENUE = $1.85 X (502) RES PU (EST) 8, PAY 09 ALT FAC REQ NOT TO EXCEED 10, ANTC/RES PU REG DEBT SERV LEVY AND $0.43 X POPULATION = (30)/(42) = 13, (NOT AID ELIGIBLE) 962, IN EXCESS OF 10,000 41, LEVY RATIO = LSR OF 1 OR (522)/$2,433 = ALT FAC/H&S REQ DEBT 508 FY 10 COMMUNITY 524 FY 10 SCH-AGE CARE LIM SERV LEVY (SOLD BY EDUCATION REVENUE = (521) X (523) = 475, JULY 1ST AND AID ELG) = (505)+(506)+(507) = 442, ALT FAC/H&S REQUIRED 525 FY 10 EST GROSS DEBT SERVICE LEVY ANTC 115,052,074 SCHOOL-AGE CARE (NOT AID ELIGIBLE) 509 STANDARD COMM ED LEVY AID = (521)-(524) = 715 ALT FAC NET ELIGIBLE = X (30) = 1,035, REQ DEBT SERVICE LEVY 526 OTHER COMM ED (MEMO) = (711)+(713)-(710) = 2,472, COMM EDUC LEVY LIMIT LSR (508) OR (509) = 442, REQ DBT SRV LEVY FOR COMMUNITY SERVICE SUMMARY VOTER APPR ELIG BONDS 511 FY 10 EST GROSS COMM ED SOLD BY JULY 1, ,288, AID = (508)-(510) = 527 TOTAL INITIAL COMMUNITY 717 REQ DBT SRV LEVY FOR SERVICE LEVY LIMIT NON-VOTER ELIG BONDS = (510)+(517)+(519) SOLD BY JULY 1, 2008 EARLY CHILD FAMILY EDUCATION + (520)+(524)+(526) = 1,290, REQ DBT SRV LEVY FOR (PRIOR TO FUND BAL ADJUST) ELG BONDS SOLD BY JULY 1, 2008 =(716)+(717)= 9,288, EST POPULATION UNDER GENERAL DEBT SERVICE (FUND 7) FIVE YEARS OF AGE 3, FUNDING/REFUNDING CAP PROJECTS 719 PAY 09 SHARE INTERMED 513 GTR OF 150 OR (512) = 3, DIST DEBT SERV (ELG) 514 FY 10 EARLY CHILD REQUIRED DEBT SERVICE LEVY 720 CUR ELG REQ DEBT SERV FAMILY REVENUE (EQUAL TO 105% OF THE FY 10 LEVY = (704)+(708) = $ X (513) = 360, PRINCIPAL AND INTEREST PAYMENTS) +(715)+(718)+(719) = 11,760, ANTC 115,052, ECFE TAX RATE REQ DEBT SERV LEVY 721 PAY 09 SHARE INTERMED 516 = (515) X (30) = 385, FOR CALAMITY BONDS DIST DEBT SERV(INELG) 517 EARLY CHILD LEVY LIMIT 702 H&S TRANSFER REQUIRED 722 REQ DEBT SERV LEVY FOR = LESSSER OF (514) FOR CALAMITY BONDS VOTER APPR BONDS SOLD OR (516) = 360, TRANSFER ADJUST REQ = AFTER 7/1/08 AND ELG 518 EST FY 10 EARLY CHILD 1.05 X (702) ROUNDED= FOR FUTURE EQUAL AID AID = (514)-(517) = 704 NET REQ DEBT SERV LEVY CALAMITY=(701)-(703)=

10 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 10 OF 31 GENERAL DEBT SERVICE (CON'T) DEBT EXCESS BREAKDOWN OF NET DEBT EXCESS (CON'T) 723 REQ DEBT SERV LEVY FOR 740 JUN 07 FUND BAL 1,792, DEBT EXCESS RATIO = NON-VOTER BONDS SOLD 741 JUN 07 FUND BAL LSR 1 OR (752)/(756)= AFTER 7/1/08 AND ELG FOR BOND REFUNDING 33,863, FOR FUTURE EQUAL AID 742 PAY 07 DEBT EXCESS 758 NET DEBT EXCESS FOR 724 REQ DEBT SERV LEVY FOR LEVY REDUCTION 720, ELG REQ DEBT SERVICE BOND SOLD AFTER 7/1/ PAY 08 DEBT EXCESS = (720) X (757) = 435, AND ELG FOR FUTURE EQ LEVY REDUCTION AID = (722)+(723) = 744 5% OF PAY 09 REQ DEBT 759 EXCESS FOR ELIGIBLE SERV LEVY=(730) X 5%= 636, ALT FACILITIES BONDS 725 REQ DEBT SERV LEVY FOR 745 FUND 7 AVAIL BALANCE = (715) X (757) = 91, FACIL BOND-MS 123B.62 GTR OF ZERO OR [(740) 726 REQ DEBT SERV LEVY FOR -(742)-(743)-(744)] = 435, EXCESS FOR INELIGIBLE EQUIP BOND-MS 123B.61 FACILITY & EQUIP BONDS 746 RETAIN CAP LOAN RPYMT IF IN (756), THEN 727 REQ DEBT SERV LEVY FOR 747 APPROVED DEBT EXCESS [(725)+(726)]X(757) = VOTER APPR BNDS ISSUED TO BE RETAINED 761 GENERAL FUND LEVY ADJ AFTER 7/1/92, NOT ELG 748 DEBT EXCESS FOR FOR FACILITY & EQUIP FOR DEBT EQUAL AID AUTHORIZED TRANSFER BONDS = (760)- 728 REQ DEBT SERV LEVY FOR 749 DISTRICT REQUESTED (725)-(726)-(751) = NON-VOTER BONDS ISSUED ADDITIONAL EXCESS AFTER 7/1/92, NOT ELG 750 CERT DEBT EXCESS 762 UNALLOCATED DEBT FOR DEBT EQUAL AID = GREATER OF ZERO OR EXCESS = GTR OF ZERO 729 REQ DEBT SERVICE LEVY [(745)-(746)-(747) OR [(752)-(756)] = FOR BONDS ISSUED AFTER -(748)] OR (749) = 435, /1/92, NOT ELG DEBT 763 DEBT EXCESS FOR VOTER EQ AID =(727)+(728)= 751 EXCESS USED TO RETIRE APPROVED BONDED DEBT = FAC & EQUIP BONDS [(731)-(722)]X(757) = 343, GDS REQ DEBT SERV LEVY 752 ADJUSTED DEBT EXCESS = (712)+(714)+(720) = (750)-(751) = 435, DEBT EXCESS FOR NON- +(721)+(724)+(725) VOTER APPROVED DEBT = +(726)+(729) = 12,722, = (752)-(762)-(763) = 91, GDS REQ DEBT SERV LEVY BOND SCHEDULE ADJ FOR VOTER APPR = (708) DEBT SERVICE AID ADJ 765 NET DEBT EXCESS FOR +(716)+(722)+(727) = 9,288, DEBT SERV LEVY REDUCT 753 FY 10 NET REV ADJ TO = (763) + (764) = 435, ANTC TOTAL 115,052,074 DEBT EQ REVENUE(MEMO) 732 MAX EFF DS TAX RATE % 766 FY 10 GROSS DEBT EQ 733 MAX EFFORT DEBT SERV REVENUE = (735)+(738) LEVY = (32) X (732) = BREAKDOWN OF NET DEBT EXCESS +(753)-(758) = 11,325, DS LOAN RECEIVABLE 735 DEBT EQL BASE = GTR OF 754 PAY 08 REQ DEBT SERV (733)OR((720)-(734))= 11,760, LEVY FOR FACIL BONDS DEBT EQUALIZATION AID 755 PAY 08 REQ DEBT SERV 736 FY 10 ENERGY LOAN COSTS LEVY ON EQUIP BONDS ANTC INCLUDING FOR LOANS APPROVED JOBZ 115,052,074 PRIOR TO 3/1/98 IF [(754)+(755)] > =.10 X (32) = 11,505, FY 10 ENERGY LOAN COSTS THEN (725) AND (726) 768 =.15 X (32) = 17,257, FOR LOANS APPROVED ARE INCLUDED IN (756) 769 DEDICATED FUNDS AFTER 3/1/98 (REQUIRE 770 LOCAL EFFORT = GTR OF GEN FUND TRANSFER) 756 BASE FOR NET DEBT 0 OR [(768)-(769)] = 17,257, ENERGY LOAN LIMIT EXCESS DISTRIBUTION 748 DEBT EXCESS FOR = (736) = = IF (733) = 0, THEN AUTHORIZED TRANSFER [(730)+(739)-(712)- 771 FY 10 NET DEBT EQ 739 INELG LEASE PURCHASE (714)-(724)] ELSE 0 = 11,760, REV = GTR OF ZERO OR [(766)+(748)-(770)] =

11 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 11 OF 31 DEBT EQUALIZATION AID (CON'T) DEBT EQUALIZATION AID (CON'T) LEVY LIMITATION ADJUSTMENTS 772 MAX TIER 1 EQU REV 790 NON VOTER DEBT AID IN GENERAL, IF WE HAVE: = (715)+(767)-(759) = 13,886, = (781) X (786) A FINAL LEVY AUTHORITY 773 PRELIM TIER 1 EQU REV X (789) = B PREVIOUSLY CALCULATED AUTHORITY = LESSER OF 791 VOTER APPR DEBT AID C CERTIFIED LEVY BASED ON (B) (771) OR (772) = = (787)-(790) = D LEVY ADJUSTMENT, THEN: 774 PRELIM TIER 2 EQU REV IF A>B, D=A-B = (771)-(773) = 792 NET ADJ DS LEVY = IF IF A<C, D=A-C (733)>0 THEN {GTR OF OTHERWISE D=ZERO 733 MAXIMUM EFFORT DEBT [(906)+(730)-(725)-(726)] SERVICE LEVY OR(733)}-(787) ELSE 0 FY 09 ( ) OPERATING 775 MIN TIER 2 REV FOR MAX CAPITAL LEVY ADJUSTMENT EFF = GTR OF ZERO OR 793 ADD MAX EFF GDS LEVY = [(733)-(767)-(770)] = IF (733)>0 THEN GTR OF 1001 FY 09 OPER CAP LEVY AUTH [(733)-(792)] OR 0 = (FROM GENERAL 776 TIER 2 EQUAL REV = GTR EDUC REVENUE REPORT, OF (774) OR (775) = 794 GDS LEVY LIMIT VOTER LINE 163) 1,887, APPR = [GTR OF (731) OR 777 TIER 1 EQUAL REV (733)]-(791)+(793) = 9,288, PAY 08 LIMIT 1,904, = (771)-(776) = 795 GDS LEVY LIMIT FOR PAY 08 LEVY 1,904, NON VOTER = (730)-(731) 1004 FY 09 OPER CAPITAL ADJ PU (ACT) 9, (738)+(739)-(790) = 3,434, LEVY ADJUSTMENT 778 ANTC/ADJ PU ((1001)-(1003)) 16, = (32)/(54) = 12, TOTAL INITIAL GDS LEVY LIMIT = (794)+(795) = 12,722, TIER 1 DEBT EQUAL FY 09 EQUITY LEVY ADJUSTMENT LEVY RATIO = LSR OF 1 OR (778)/$3,200 = FY 09 EQUITY LEVY AUTH OTHER POST-EMPLOYMENT BENEFITS (OPEB) (FROM GENERAL 780 TIER 2 DEBT EQUAL & PENSION DEBT SERVICE (FUND 47) EDUC REVENUE REPORT, LEVY RATIO = LSR OF LINE 173) 592, OR (778)/$8,000 = LVY BONDS IRREV TRUST 902 LVY BONDS REVOC TRUST 585, PAY 08 LIMIT 417, TIER 1 DEBT EQU AID 903 LVY BONDS FUND 1 RSVD PAY 08 LEVY 417, RATIO = 1-(779) = 904 REQUIRED DEBT SERVICE 1008 FY 09 EQUITY 782 TIER 2 DEBT EQU AID LEVY FOR OPEB BONDS LEVY ADJUSTMENT RATIO = 1-(780) = = SUM (901) TO (903)= 585, ((1005)-(1006)) 174, REQ DEBT SERV LEVY FOR 783 TIER 1 DEBT AID PENSION BONDS (MPLS) = (777) X (781) = 906 REQ DEBT SERV LEVY FOR FY 09 TRANSITION LEVY ADJUSTMENT 784 TIER 2 DEBT AID OPEB & PENSION BONDS = (776) X (782) = = (904) + (905) = 585, FY 09 TRANSITION LEVY AUTH 785 GROSS FY 10 DEBT AID (FROM GENERAL = (783)+(784) = EDUC REVENUE REPORT, LINE 180) 2, FY 10 DEBT SERVICE AID PRORATION PAY 08 LIMIT 2, FY 10 NET DEBT AID PAY 08 LEVY 2, = (785) X (786) = 1012 FY 09 TRANSITION LEVY ADJUSTMENT 788 ELG ALT FAC BOND LESS ALT FAC DEBT EXCESS = (715) - (759) = 2,380, TIER 1 ALT FAC REV IF (733) = 0 THEN LSR OF (777) OR (788) =

12 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 12 OF 31 FY 09 ALT TEACHER COMP LEVY ADJUST FY 09 2ND TIER REF LEVY ADJ (CON'T) FY 07 ( ) OPERATING CAPITAL LEVY ADJUSTMENT 1013 FY 09 ALT COMP LEVY AUTH 1030 FY 09 2ND TIER REF (FROM GENERAL LEVY ADJUSTMENT 1044 FY 07 OPER CAP LEVY AUTH EDUC REVENUE REPORT, ((1024)-(1029)) 85, (FROM GENERAL LINE 190) 536, EDUC REVENUE REPORT, LINE 150) 1,961, PAY 08 LIMIT 560, FY 09 UNEQUAL REF LEVY ADJUST PAY 08 LEVY 560, PAY 06 LIMIT 1,919, FY 09 ALT TEACH COMP 1031 FY 09 UNEQUAL REF LEVY AUTH PAY 06 LEVY 1,919, LEVY ADJUSTMENT (FROM GENERAL 1047 TOTAL ADJ TO PAY 06 ((1013)-(1015)) 23, EDUC REVENUE REPORT, OPER CAP LEVY AUTH LINE 209) 2,184, ((1044)-(1045)) 42, FY 09 1ST TIER REF LEVY ADJUST 1032 ALLOCATION OF TBRA PAY 07 ADJ LIMIT 37, (FROM PAY 08 LEVY PAY 07 ADJ LEVY 37, FY 09 1ST TIER REF LEVY AUTH REPORT, LINE 224) 1050 FY 07 OPER CAPITAL (FROM GENERAL LEVY ADJUSTMENT EDUC REVENUE REPORT, PAY 08 LIMIT 2,219, ((1047)-(1048)) 5, LINE 205) 5,924, PAY 08 LEVY 2,219, ALLOCATION OF TBRA 1035 PAY 08 LIMIT ADJ FOR TBRA FY 07 EQUITY LEVY ADJUSTMENT (FROM PAY 08 LEVY = (1032)+(1033) = 2,219, REPORT, LINE 222) 12, PAY 08 LEVY ADJ FOR TBRA 1051 FY 07 EQUITY LEVY AUTH = (1032)+(1034) = 2,219, (FROM GENERAL PAY 08 LIMIT 6,006, EDUC REVENUE REPORT, PAY 08 LEVY 6,006, FY 09 UNEQUALIZED REF LINE 160) 215, LEVY ADJUSTMENT 1021 PAY 08 LIMIT ADJ FOR TBRA ((1031)-(1036)) 35, PAY 06 LIMIT 211, = (1018)+(1019) = 6,019, PAY 06 LEVY 211, PAY 08 LEVY ADJ FOR TBRA 1054 TOTAL ADJ TO PAY 06 = (1018)+(1020) = 6,019, FY 09 TBRA ALLOCATION ADJUSTMENT EQUITY LEVY AUTH ((1051)-(1052)) 4, FY 09 1ST TIER REF FY 09 ALLOCATION OF TBRA LEVY ADJUSTMENT TO REF LEVY CATEGORIES PAY 07 ADJ LIMIT 4, ((1017)-(1022)) 94, (FROM GENERAL PAY 07 ADJ LEVY 4, EDUC REVENUE REPORT, 1057 FY 07 EQUITY LINES 226 TO 228) LEVY ADJUSTMENT FY 09 2ND TIER REF LEVY ADJUST ((1054)-(1056)) TIER 1 LVY 12, FY 09 2ND TIER REF LEVY AUTH 1039 TIER 2 LVY (FROM GENERAL 1040 UNEQL LEVY FY 07 TRANSITION LEVY ADJUSTMENT EDUC REVENUE REPORT, LINE 207) 5,350, TOTAL FY 09 TBRA ALLOC 1058 FY 07 TRANSITION LEVY AUTH TO REF LEVY CATEGORIES (FROM GENERAL 1025 ALLOCATION OF TBRA = (1038) TO (1040) = 12, REV REPORT, LINE 167) 2, (FROM PAY 08 LEVY REPORT, LINE 223) PAY 06 LIMIT 2, TOTAL FY 09 TBRA ALLOC PAY 06 LEVY 2, PAY 07 LIMIT 5,436, TO REF LEVY CATEGORIES 1061 TOTAL ADJ TO PAY PAY 07 LEVY 5,436, FROM PAY 08 LEVY TRANSITION LEVY AUTH = (1018)+(1025) 1028 PAY 07 LIMIT ADJ FOR TBRA + (1032) = 12, = (1025)+(1026) = 5,436, PAY 07 ADJ LIMIT 1029 PAY 07 LEVY ADJ FOR TBRA 1043 FY 09 TBRA ALLOCATION PAY 07 ADJ LEVY = (1025)+(1027) = 5,436, ADJUSTMENT 1064 FY 07 TRANSITION = (1042)-(1041) = LEVY ADJUSTMENT

13 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 13 OF 31 FY 07 ALT TEACHER COMP LEVY ADJUST FY 07 ( ) 1ST TIER FY 07 2ND TIER REF LEVY ADJUSTMENT, REFERENDUM LEVY ADJUSTMENT, JOBZ NONEXEMPT (CON'T) 1065 FY 07 ALT COMP LEVY AUTH JOBZ EXEMPT (FROM GENERAL 1097 PAY 06 LIMIT ADJ FOR TBRA EDUC REVENUE REPORT, 1082 FY 07 1ST TIER REF LEVY AUTH = (1094)+(1095) = LINE 177) 564, (FROM GENERAL 1098 PAY 06 LEVY ADJ FOR TBRA EDUC REVENUE REPORT, = (1094)+(1096) = PAY 06 LIMIT 579, LINE 217) 5,316, PAY 06 LIMIT 579, TOTAL ADJ TO PAY TOTAL ADJ TO PAY ALLOCATION OF TBRA 2ND TIER REF LEVY AUTH ALT COMP LEVY AUTH (FROM PAY 06 LEVY ((1065)-(1067)) 15, REPORT, LINE 250) 12, PAY 07 ADJ LIMIT PAY 07 ADJ LIMIT 15, PAY 06 LIMIT 5,244, PAY 07 ADJ LEVY PAY 07 ADJ LEVY 15, PAY 06 LEVY 5,244, FY 07 2ND TIER REF 1071 FY 07 ALT TEACH COMP LEVY ADJUSTMENT, LEVY ADJUSTMENT 1086 PAY 06 LIMIT ADJ FOR TBRA JOBZ NONEXEMPT = (1083)+(1084) = 5,257, PAY 06 LEVY ADJ FOR TBRA = (1083)+(1085) = 5,257, FY 07 ( ) 1ST TIER FY 07 2ND TIER REF LEVY ADJUSTMENT, REFERENDUM LEVY ADJUSTMENT, 1088 TOTAL ADJ TO PAY 06 JOBZ EXEMPT JOBZ NONEXEMPT 1ST TIER REF LEVY AUTH ((1082)-(1086)) 59, FY 07 2ND TIER REF LEVY AUTH 1072 FY 07 1ST TIER REF LEVY AUTH (FROM GENERAL (FROM GENERAL PAY 07 ADJ LIMIT 88, EDUC REVENUE REPORT, EDUC REVENUE REPORT, PAY 07 ADJ LEVY 88, LINE 219) 6,142, LINE 213) 1091 FY 07 1ST TIER REF LEVY ADJUSTMENT, 1104 ALLOCATION OF TBRA 1073 ALLOCATION OF TBRA JOBZ EXEMPT (FROM PAY 06 LEVY (FROM PAY 06 LEVY ((1088)-(1090)) 29, REPORT, LINE 252) REPORT, LINE 249) PAY 06 LIMIT 6,074, PAY 06 LIMIT FY 07 1ST TIER REF LEVY ADJUST, PAY 06 LEVY 6,074, PAY 06 LEVY TOTAL 1107 PAY 06 LIMIT ADJ FOR TBRA 1076 PAY 06 LIMIT ADJ FOR TBRA 1092 FY 07 1ST TIER REF = (1104)+(1105) = 6,074, = (1073)+(1074) = LEVY ADJUST, TOTAL 1108 PAY 06 LEVY ADJ FOR TBRA 1077 PAY 06 LEVY ADJ FOR TBRA = (1081)+(1091) = 29, = (1104)+(1106) = 6,074, = (1073)+(1075) = 1109 TOTAL ADJ TO PAY TOTAL ADJ TO PAY 06 FY 07 2ND TIER REF LEVY ADJUSTMENT, 2ND TIER REF LEVY AUTH 1ST TIER REF LEVY AUTH JOBZ NONEXEMPT ((1103)-(1107)) 68, FY 07 2ND TIER REF LEVY AUTH PAY 07 ADJ LIMIT 102, PAY 07 ADJ LIMIT (FROM GENERAL PAY 07 ADJ LEVY 102, PAY 07 ADJ LEVY EDUC REVENUE REPORT, 1112 FY 07 2ND TIER REF 1081 FY 07 1ST TIER REF LINE 215) LEVY ADJUSTMENT, LEVY ADJUSTMENT, JOBZ EXEMPT JOBZ NONEXEMPT 1094 ALLOCATION OF TBRA ((1109)-(1111)) 34, (FROM PAY 06 LEVY REPORT, LINE 251) FY 07 2ND TIER REF LEVY ADJUST, PAY 06 LIMIT TOTAL PAY 06 LEVY 1113 FY 07 2ND TIER REF LEVY ADJUST, TOTAL = (1102)+(1112) = 34,

14 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 14 OF 31 FY 07 UNEQUALIZED REF LEVY ADJUST, FY 07 UNEQUALIZED REF LEVY ADJUST, FY 09 INTEGRATION ADJUSTMENT JOBZ NONEXEMPT JOBZ EXEMPT (CON'T) 1147 FY 09 INTEGRATION LEVY 1114 FY 07 UNEQUAL REF LEVY AUTH PAY 07 ADJ LIMIT 31, AUTH (FROM INTEGRATION (FROM GENERAL PAY 07 ADJ LEVY 31, REVENUE REPORT, REV REPORT, LINE 203) 1133 FY 07 UNEQUAL REF LINE 18) 339, LEVY ADJUSTMENT, 1115 ALLOCATION OF TBRA JOBZ EXEMPT PAY 08 LIMIT 349, (FROM PAY 06 LEVY ((1130)-(1132)) 10, PAY 08 LEVY 349, REPORT, LINE 253) 1150 FY 09 INTEGRATION ADJUSTMENT LIMIT PAY 06 LIMIT FY 07 UNEQUALIZED REF LEVY ADJUST, (1147)-(1149) 9, PAY 06 LEVY TOTAL 1118 PAY 06 LIMIT ADJ FOR TBRA 1134 FY 07 UNEQUALIZED REF FY 07 INTEGRATION ADJUSTMENT = (1115)+(1116) = LEVY ADJUST, TOTAL 1119 PAY 06 LEVY ADJ FOR TBRA = (1123)+(1133) = 10, FY 07 INTEG LEVY AUTH = (1115)+(1117) = (FROM INTEGRATION REVENUE REPORT, LINE 18) 330, TOTAL ADJ TO PAY 06 FY 07 TBRA ALLOCATION ADJUSTMENT UNEQUAL REF LEVY AUTH PAY 06 LIMIT 353, FY 07 ALLOCATION OF TBRA PAY 06 LEVY 353, TO REF LEVY CATEGORIES 1154 TOTAL ADJUSTMENT PAY 07 ADJ LIMIT (FROM GENERAL (1151)-(1153) 23, PAY 07 ADJ LEVY EDUC REVENUE REPORT, 1123 FY 07 UNEQUAL REF LINES 249 TO 254) PAY 07 ADJ LIMIT LEVY ADJUSTMENT, PAY 07 ADJ LEVY JOBZ NONEXEMPT 1135 TIER 1 LVY, NONEXEMPT 1157 FY 07 INTEGRATION 1136 TIER 1 LVY, EXEMPT 12, ADJUSTMENT LIMIT 1137 TIER 2 LVY, NONEXEMPT (1154)-(1156) 23, TIER 2 LVY, EXEMPT FY 07 UNEQUALIZED REF LEVY ADJUST, 1139 UNEQL LEVY, NONEXEMPT JOBZ EXEMPT 1140 UNEQL LEVY, EXEMPT FY 07 REEMPLOYMENT ADJUSTMENT 1124 FY 07 UNEQUAL REF LEVY AUTH 1141 TOTAL FY 07 TBRA ALLOC 1158 FY 07 EXPEND ACTUAL 50, (FROM GENERAL TO REF LEVY CATEGORIES 1159 REEMPLOY LEVY AUTH REV REPORT, LINE 206) 1,896, = (1135) TO (1140) = 12, = 100% OF (1158) = 50, ALLOCATION OF TBRA PAY 07 LIMIT 100, (FROM PAY 06 LEVY 1142 TOTAL FY 07 TBRA ALLOC PAY 07 LEVY 100, REPORT, LINE 254) TO REF LEVY CATEGORIES 1162 FY 07 REEMPLOY ADJUST FROM PAY 06 LEVY ((1159) - (1161)) 49, PAY 06 LIMIT 1,875, = (1073)+(1083) PAY 06 LEVY 1,875, (1094)+(1104) + (1115)+(1125) = 12, FY 03 REEMPLOYMENT ADJUSTMENT 1128 PAY 06 LIMIT ADJ FOR TBRA = (1125)+(1126) = 1,875, FY 07 TBRA ALLOCATION 1163 REEMPLOYMENT BALANCE 1129 PAY 06 LEVY ADJ FOR TBRA TOTAL ADJUSTMENT (PAY 08 LEVY = (1125)+(1127) = 1,875, = (1142)-(1141) = LINE 1134) 1164 FY 03 REEMPLOY ADJUST 1130 TOTAL ADJ TO PAY PAY 07 ADJ LIMIT IF (1163) < ZERO UNEQUAL REF LEVY AUTH PAY 07 ADJ LEVY THEN -1 X (1163) ((1124)-(1128)) 21, ELSE -1 X [LESSER OF 1146 FY 07 TBRA ALLOC (279) OR (1163)] = LEVY ADJUSTMENT 1165 REVISED REEMPLOYMENT BALANCE = (1163)+(1164)] =

15 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 15 OF 31 FY 07 SAFE SCHOOLS ADJUST FY 08 HEALTH & SAFETY ADJUSTMENT FY 07 HEALTH & SAFETY ADJUST (CON'T) 1166 SAFE SCH LVY REQUEST? YES 1209 FY 08 EST HEALTH & SAFETY PAY 06 H&S LIMIT 667, AMCPU (ACT) 9, LEVY AUTHORITY PRIOR TO PAY 06 H&S LEVY 667, FY 07 SAFE SCHOOLS AID PRORATION (FROM FY 08 AUTHORITY $27 X (59)= 252, HEALTH & SAFETY AID 1224 PRELIM ADJUST LIMIT REPORT, LINE 24) 165, PAY 06 LIMIT 247, PAY 06 LEVY 247, FY 08 LEVY ADJUSTMENT PAY 07 FOR FY FY 07 SAFE SCH ADJUST FOR AID PRORATION H&S LIMIT ADJUSTMENT ((1167) - (1168)) 4, (FROM FY 08 HEALTH & PAY 07 FOR FY 07 SAFETY AID REPORT, H&S ADJUSTMENT LEVY LINE 35) FY 07 HEALTH BENEFITS LEVY ADJUST PAY 08 FOR FY FY 08 HEALTH & SAFETY H&S LIMIT ADJUSTMENT 1171 FY 07 ACTUAL COST TOTAL LEVY AUTHORITY PAY 08 FOR FY PAY 07 LIMIT = (1209) + (1210) = 165, H&S ADJUSTMENT LEVY PAY 07 LEVY 1174 FY 07 HEALTH BEN ADJ PAY 07 H&S LIMIT 165, FY 07 H&S LIMIT ADJUST PAY 07 H&S LEVY 165, = (1225)+(1227) = 1230 FY 07 H&S LEVY ADJUST 1214 PRELIM ADJUST LIMIT = (1226)+(1228) = CAPITAL RELATED ADJUSTMENTS 1231 FY 07 H&S LEVY ADJUST= FY 09 HEALTH & SAFETY ADJUSTMENT PAY 08 FOR FY 07 (NO ADJUSTMENT) H&S LIMIT ADJUSTMENT 31, FY 09 EST HEALTH & SAFETY PAY 08 FOR FY FY 07 MIN H&S ADJUST LEVY AUTHORITY PRIOR TO H&S ADJUSTMENT LEVY 31, TO LEVY FOR AID AID PRORATION (FY 09 H&S = LSR OF (1231) OR AID REPT, LINE 24) 613, FY 08 H&S LEVY ADJUST= [(1219)-(1223)-(1230)] 1201 FY 09 LEVY ADJUST FOR = (1214) - (1215) = 31, BUT NOT LESS THAN 0 AID PRORATION (FY 09 H&S AID REPT, LINE 35) 1218 MIN H&S ADJUST LIMIT 1202 FY 09 HEALTH & SAFETY = LSR OF (1217) OR LEASE ADJUSTMENTS (MEMO) TOTAL LEVY AUTHORITY [(1209)-(1213)-(1216)] = (1200)+(1201) = 613, BUT NOT LESS THAN 0 31, OPER LEASE ADJUSTMENT 1234 CAPITAL LEASE ADJUST PAY 08 INITIAL 1235 OPER JOINT LEASE ADJ H&S LIMIT PRIOR TO FY 07 HEALTH & SAFETY ADJUSTMENT 1236 CAPITAL JNT LEASE ADJ AID PRORATION 2,033, TIES LEASE ADJUST 1219 FY 07 ACT HEALTH & SAFETY 1238 INTERM DIST LSE ADJ PAY 08 H&S LIMIT 694, LEVY AUTHORITY PRIOR TO 1239 PAY 06 LEASE ADJ FOR PAY 08 H&S LEVY 694, AID PRORATION (FROM FY 07 FY 07 PUPIL UNITS PAY 09 INITIAL HEALTH & SAFETY AID 1240 TOTAL LEASE ADJ = SUM H&S ADJUSTMENT PRIOR REPORT, LINE 24) 667, (1233) THROUGH (1239) TO AID PRORATION = (1200)-(1203) = 1,420, FY 07 H&S LEVY ADJUST PAY 09 MINIMUM TO FOR AID PRORATION (FROM CAPITAL RELATED ADJUSTMENTS SUMMARY AVOID AID REDUCTION FY 07 HEALTH & SAFETY = GTR OF 0 OR (1206) AID REPORT, LINE 35) 1004 FY 09 OPER CAP ADJ 16, FY 07 OPER CAP ADJ 5, FY 09 H&S LEVY ADJUST= 1221 FY 07 HEALTH & SAFETY 1208 FY 09 H&S ADJ 81, = (1202) - (1205) = 81, TOTAL LEVY AUTHORITY 1217 FY 08 H&S ADJ 31, = (1219) + (1220) = 667, FY 07 H&S ADJ 1240 LEASE ADJ 1241 ALT FAC ADJ (MEMO)

16 DISTRICT NAME HOPKINS PUBLIC SCHOOL DIS P A Y A B L E PAGE 16 OF 31 CAPITAL RELATED ADJ SUMMARY (CON'T) OTHER GENERAL LIMITATION ADJ (CON'T) FY 09 EARLY CHILD FAMILY ADJ (CON'T) 1242 OTHER CAP ADJ (MEMO) 1258 OTHER ADJUST, GEN PAY 08 LIMIT 237, TOTAL CAPITAL RELATED NTC OTHER JOBZ PAY 08 LEVY 237, LEVY LIMIT ADJUSTMENT EXEMPT (MEMO) 1408 FY 09 EARLY CHILD =(1004)+(1050)+(1208) 1259 TOTAL OTHER ADJUST, FAMILY ADJUST +(1217)+(1231)+(1240) GEN NTC OTHER JOBZ +(1241)+(1242) = 61, EXEMPT = (1256) +(1257)+(1258) = 46, FY 09 HOME VISIT ADJUSTMENT OTHER GENERAL LIMITATION ADJUSTMENTS GENERAL FUND ADJUSTMENT SUMMARY 1409 FY 09 HOME VISIT 761 GENERAL FUND LEVY ADJ LEVY AUTHORITY FOR FAC & EQUIP BONDS 1260 GENERAL RMV VOTER $1.60 X (1401) 4, MAINT PU VAR (MEMO).68 APPROVED JOBZ EXEMPT 1245 ECN DEV ABATE ADJUST =(1023)+(1030)+(1037) PAY 08 LIMIT 4, (MEMO) +(1043)+(1092) PAY 08 LEVY 4, DEBT SURPLUS TRANSFER +(1113)+(1134) 1412 FY 09 HOME VISIT (MEMO) +(1146)+(1249) = 291, ADJUSTMENT 1261 GENERAL RMV OTHER ((1409) - (1411)) JOBZ EXEMPT 1247 SCH TAX ADJ (STR ADJUST =(1008)+(1012)+(1057) REPORT LINE 9) +(1064)+(1252) = 174, FY 07 SCHOOL-AGE CARE 1248 OTHER ADJUST, GEN RMV 1262 GENERAL NTC VOTER VOTER APPROVED APPROVED JOBZ EXEMPT 1413 FY 07 AUTHORITY (FROM JOBZ EXEMPT (MEMO) =(1255) = UFARS EXPENDITURES) 506, GENERAL NTC OTHER PAY 06 LIMIT 525, TOTAL OTHER ADJUST JOBZ EXEMPT PAY 06 LEVY 525, GEN RMV VOTER APPR =(1016)+(1071)+(1150) JOBZ EXEMPT +(1157)+(1162)+(1164) 1416 FY 07 SCH-AGE CARE = (1247)+(1248)= (1170)+(1174)+(1243) ADJUSTMENT +(761)+(1244)+(1245) ((1413) - (1415)) 18, SCH TAX ADJ (STR ADJUST +(1246)+(1259) = 209, REPORT LINE 14) 1251 OTHER ADJUST, GEN 1264 TOTAL GENERAL LEVY 1417 ADULTS W/DISABILITIES RMV OTHER JOBZ LIMITATION ADJUSTMENT ADJUST (MEMO) EXEMPT (MEMO) = (1260)+(1261) 1418 FY 08 COMMUNITY ED + (1262)+(1263) = 326, EXCESS FUND BALANCE 1252 TOTAL OTHER ADJUST ADJUST (FROM GEN RMV OTHER JOBZ COMMUNITY ED AID EXEMPT=(1250)+(1251)= COMMUNITY SERV ADJUSTMENTS REPT, LINE 2.13) 1419 FY 08 EARLY CHILD 1253 SCH TAX ADJ (STR ADJUST FY 09 EARLY CHILD FAMILY ADJ FAMILY EXCESS FUND BAL REPORT LINE 23) ADJUST (FROM ECFE 1254 OTHER ADJUST, GEN NTC 1401 ACT POPULATION UNDER AID REPT, LINE 2.13) VOTER APPROVED FIVE YEARS OF AGE 3,005 JOBZ EXEMPT (MEMO) 1402 GTR OF (1401) OR 150 3, SCH TAX ADJ (STR ADJUST 1255 TOTAL OTHER ADJUST 1403 REVENUE LIMIT REPORT LINE 33) GEN NTC VOTER APPR = $ X (1402) = 360, OTHER ADJUST (MEMO) JOBZ EXEMPT 1422 TOTAL OTHER ADJUST =(1253)+(1254)= ANTC 114,328,485 =(1420)+(1421)= 1404 = X (29) = 237, TOTAL COMMUNITY SERVICE 1256 TIF ADJ (MEMO) 46, LEVY AUTH = LSR LIMITATION ADJUSTMENT 1257 SCH TAX ADJ (STR ADJUST OF (1403) OR (1404) 237, = (1408)+(1412)+(1416) REPORT LINE 28) + (1417)+(1418) + (1419)+(1422) = 18,