The new budget estimates total district revenues at approximately $28 million, an increase from last year's budget of $27.6 million. Expenditures are expected to amount to approximately $28 million, compared to $27.5 million last year. While many local municipalities are facing a significant drop in expected revenues, the school district is actually expecting a slight increase this year because local sales tax, which makes up more than half of city revenues, only directly impacts about 8 percent of the school district's total revenues. Sales tax does impact the state, which provides about one-third ($9 million) of the school budget through the foundation formula. However, any shortfalls in state formula funding for the current fiscal year beginning July 1 and for the 2010-11 fiscal year will be balanced with federal stimulus funds, according to Superintendent Dr. John Long. "The Missouri Legislature decided to use a portion of stimulus funds to support the foundation formula for schools," he said. "That's why we did not feel the recession like the municipalities have." The district's total revenue estimate is based on many factors, with approximately 90 percent coming from the following sources: Property tax, $10 million, including both current and delinquent taxes; the foundation formula, $9 million; sales tax, $2.4 million; Missouri's Classroom Trust Fund, $1 million; railroad and utility tax, $600,000; Public Law 94-142, $500,000; transportation funding from the Missouri Department of Elementary and Secondary Education, $500,000; in lieu of taxes, $300,000; and fines and forfeitures $260,000. "The lion's share of district funds comes from local property tax, which should be down just a little, approximately 1 percent from last year," Long said. In addition, the district's food service revenues are estimated at $498,000 for the upcoming year, a $60,000 increase from last year's $430,000 estimated revenue. Food service estimates were increased to reflect the lunch price increase approved by the board in April. In terms of capital expenditures, the district has allocated about $2.7 million, with about $2.3 million that will be spent on campus maintenance. In addition, the school expects to spend about $270,000 on three new 70-passenger buses and $140,000 on smaller buses with chair lifts for use by the special education program. School officials, however, anticipate the special education buses will be purchased with federal stimulus funds provided by DESE. Total renovations to the soccer field will cost about $450,000. Although the soccer field renovations were begun earlier when the field was regraded and replanted, the work will be finished next year, and will therefore impact next year's budget.