The School District of Clayton made a combined $2.57 million in budget reductions during the 2011-2012 and 2012-2013 school years through its Resource Management and Long-Term Financial Planning (LTFP) efforts, which involved input from a committee of
District administrators, parents, staff and community members. The District reconvened a smaller LTFP committee during the 2014-2015 school year to help monitor financial issues and trends facing the District. This committee and its subcommittees continue to provide advice to District administrators and the Board of Education regarding those issues and trends on an ongoing basis.
Average Per Pupil Expenditure
The District spends $18,020.08 per average daily attendance.
Adjusted Tax Rate
$4.0643 per $100 of assessed valuation
$1,037,313,560 (as of Dec. 31, 2015)
2016 Operating Revenues* – $48,243,670
Voluntary Transfer Funds
Proposition C Funds
* Excluding debt service.2016 Operating Expenditures* – $50,173,814
Employee Salaries & Benefits
*Excluding debt service.Date of Most Recent Tax Levy IncreaseApril 2003Long-Term LiabilitiesGeneral obligation bonds outstanding as of June 30, 2016Total Balance:$85,107,000Rate of Interest:High: 5.60%Low: 0.80%Maturity Dates:Earliest: Feb. 1, 2017Latest: March 1, 2030Standard and Poor's Bond Rating:AAA
This information is based on 2016 statistics and data.