Mississippi Department of Education     1999 Annual Report
Receipts for Public Schools*
1997-1998
Source of State Funds
Homestead Exemption $32,112,531    
  Severance Tax 2,843,158    
  Chickasaw Funds 10,370,169    
  Drivers Education 1,728,320    
  Minimum Program & Per Capita 1,009,784,732    
  School Ad Valorem Tax Reduction 41,220,181    
  Education Enhancement Fund 123,988,309    
  MAEP 14,520,151    
  Educational Technology Enhancement 605,574    
  Textbook 6,091,297    
  Vocational & Technical Education 28,308,256    
  Public School Building Fund 9,382,405    
  Adult Education 168,564    
  Child Nutrition 1,215,823    
  Uniform Millage Assistance 21,518,971    
  Educable Children 429,163    
  Education Reform Act 8,296    
  Other 29,272,577    
TOTAL STATE FUNDS     $1,333,568,477 54.93%
         
 Source of Federal Funds
Unrestricted Grants in Aid Direct from Fed. $156,082    
  Wildlife Refuge 182,342    
  Unrestricted Grants in Aid from Fed. thru State 6,823    
  Flood Control 66,130    
  Mineral Leases 86    
  Restricted Grants in Aid Direct from Fed. 201,586    
  Impact Aid Const. PL 81-815 0    
  Impact Aid Maint & Oper. PL 81-874 3,159,393    
  Goals 2000 4,433,894    
  Chapter 1 126,495,484    
  Chapter 2 2,799,803    
  Social Services 62,086    
  Education Handicapped Act (EHA 94-142) 32,054,561    
  Adult Education 1,086,892    
  Vocational & Technical Education 5,194,867    
  Drug Free 5,365,655    
  Technology Literacy Challenge 6,993,498    
  Child Nutrition 130,516,493    
  Economic Security 3,099,463    
  JPTA 1,799,234    
  TVA 3,061,410    
  National Forest 3,056,739    
  Other 9,523,336    
TOTAL FEDERAL SOURCES     339,315,857 13.98%
         
 Source of Local Funds
Ad Valorem Taxes $479,904,105    
  Tuition 8,472,324    
  Transportation Fees 1,360,149    
  Earnings on Investments 28,293,166    
  Food Service 40,076,593    
  Student Activity 36,640,381    
  Community Service 46,515    
  Other Revenue from Local Sources 30,915,657    
  Intermediate Sources 1,115,635    
  Operational Sixteenth Section 43,736,669    
  Bond & Interest Funds Receipts 84,202,825    
TOTAL LOCAL REVENUE     754,764,019 31.09%
         
TOTAL REVENUE RECEIPTS     2,427,648,353 100.00
         
 Nonrevenue Receipts
Sale of Bonds $606,783,027    
  Sale of Assets 896,026    
  Insurance Loss Recovery 7,735,494    
  Loans 106,044,316    
  Inception of Capital Leases 4,113,772    
TOTAL NONREVENUE RECEIPTS     725,572,635  
         
TOTAL REVENUE & NONREVENUE RECEIPTS     3,153,220,988  
*Based on Financial Accounting Manual for MS Schools, Rev. 7/1/89.
NOTE: State level administrative costs are not included in totals.


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