The State of Public Education in New Orleans: School Finances March 2011 Table of Contents The Scott S. Cowen Institute for Public Education Executive Summary ……………………………………….…………….. 3 Initiatives at Tulane Introduction ………………………………………….……………….…….. 4 University Multiple School Districts and Operators …………….…….. 5 Orleans Parish School Board Ǧ ǡ Recovery School District ǡ Charter Schools Ǧͳʹ The Financial Landscape of Public Ǥ Schools in New Orleans …..…………………………..………..……. 7 ǣ Pre- and Post-Katrina Public Education Spending Financial Data for the Two Districts …….………………….… 8 Orleans Parish School Board Finances …….……….…….… 9 Revenues and Expenditures Important Issues Recovery School District Finances …….…………….…….… 12 Revenues and Expenditures Applied Research at the Cowen Important Issues Institute Charter School Finances …….…………….…………………….…. 14 ǡ ǡ Revenues ǡ Expenditures Ȃ Balance Sheets ǡ ǡ ǡ Ȃ Key Findings and Recommendations …….…….……….…. 20 Ǥ ǡ ǡ Appendices …………………………………………………………..……..