Capital costs and debt service for Spokane Public Schools

Note from Laurie Rogers:

As full-time enrollment for students in Spokane Public Schools has gone down, the overall costs per student -- whether operating costs or all costs -- has risen.
As FTE has gone down, the levy dollars also have increased.
As FTE has gone down, capital costs also have risen.
As FTE has gone down, debt service costs also have risen.

There is a lot of money available through capital projects, which might help to explain a great deal of what goes on in Spokane.

Spokane Public Schools expenditures
	2001-2002	2010-2011	2011-2012	2013 (appro.)
FTE (Full-time enrollment)	31,518	29,050	28,093	28,478
Operating budget (in millions)	$254.2	$316.8	$313.3	$329.1
Capital Projects (in millions)	$14.8	$124	$142.9	$89.6
Debt Service (in millions)	$14.2	$35.4	$37.1	$32.4
Total (in millions)	$283.2	$476.1	$493.2	$451.1
Local levy for district, after rollback (in millions)	$36.4	$59.5	$60.6	$62.5
District expenditures per student (based on operating expenses only).	$8,065	$10,905	$11,152	$11,556
District expenditures per student (based on operating/capital projects/debt service. There are other expenses not noted here.	$8,985	$16,389	$17,556	$15,840

Stay tuned. Much more to follow.