Racine Unified has a projected spending budget of just under $260 million for the 08-09 school year. That amounts to roughly $12,380 per each of the 21,000 or so students. This information can be obtained by securing a copy of the budget or by reading this blog. It can't be obtained by listening/reading the false statements of Unified's chief financial officer quoted at the Racine Post: http://news.racinepost.com/2009/01/tough-budget-times-ahead-for-racine.html
I will be looking into the budget a bit more in the coming days, but for now just realize that the CFO at Racine Unified misunderestimated the budget by about $50 million. That kind of thing could have gotten him in trouble if he worked at, say, Enron.