DISTRICT PROFILE I*                                                         
                                     MISSOURI DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION                                      
REPORT NO. PS026PA*                                DISTRICT FUND AND TAX ANALYSIS                                       01/29/2007  

DISTRICT 009-077   MEADOW HEIGHTS R-II                                                                                              

                               PERCENT                           PERCENT                           PERCENT                          
                               CHANGE             2004           CHANGE             2005           CHANGE              2006         
                               -------       -------------       -------       -------------       -------        -------------     
         TEACHERS FUND                                                                                                              
           RECEIPTS               20-             $14,099          131              $32,555            8-              $30,043      
           EXPENDITURES           16-          $1,820,238            0           $1,827,922           13            $2,063,846      
           END BALANCE             0                   $0            0                   $0            0                    $0      
           BAL / EXPEND            0                    0%           0                    0%           0                     0%     

         INCIDENTAL FUND                                                                                                            
           RECEIPTS                2-          $3,988,077            0           $3,995,516            0            $3,976,029      
           EXPENDITURES           11-          $2,003,375            8-          $1,838,499            3            $1,886,517      
           END BALANCE            12             $455,998           94             $884,831            4-             $853,354      
           BAL / EXPEND           28                   23%         109                   48%           6-                   45%     

         BUILDING FUND                                                                                                              
           RECEIPTS                0              $16,492          100-                  $0            0                    $0      
           EXPENDITURES            3             $159,533           61-             $62,449           14               $71,202      
           END BALANCE           100-                  $0          100              $10,834           14               $12,329      
           BAL / EXPEND          100-                   0%         100                   17%           0                    17%     

         DEBT SERV FUND                                                                                                             
           RECEIPTS                7             $104,315            2             $106,668           68              $178,895      
           EXPENDITURES          100-                  $0          100             $150,567           49-              $76,558      
           END BALANCE           117             $193,839           58-             $80,894          144              $197,716      
           BAL / EXPEND          100-                   0%         100                   54%         378                   258%**   

         TOTAL ALL FUNDS                                                                                                            
           RECEIPTS                2-          $4,122,983            0           $4,134,739            1            $4,184,967      
           EXPENDITURES           14-          $3,983,146            3-          $3,879,437            6            $4,098,123      
           END BALANCE            27             $649,837           50             $976,559            9            $1,063,399      
           BAL / EXPEND           45                   16%          56                   25%           4                    26%     

         TEACH ADJ LEVY            0                $0.00            0                $0.00            0                 $0.00      
         INCID ADJ LEVY            0                $2.75            0                $2.75            0                 $2.75      
         BUILD ADJ LEVY            0                $0.00            0                $0.00            0                 $0.00      
         DEBT  ADJ LEVY            0                $0.35            0                $0.35            0                 $0.35      
         TOT   ADJ LEVY            0                $3.10            0                $3.10            0                 $3.10      

         ACTUAL AV PER EP         16              $44,093            2              $44,985            4               $46,963      
         EQUAL AV PER EP          16              $44,093            2              $44,985            4               $46,963      
         RR, UTIL PER EP           7-              $5,128           15               $5,889            2                $5,991      
         COLL RATE-ACT AV          4                   85%           2-                  83%           1                    84%     

   *     SEE STATE PROFILES FOR TERMS AND DEFINITIONS                                                                               
   **   SEE SECTION 164.161 RSMO.