The document summarizes Fairfax County Public Schools' preliminary FY 2017 fiscal forecast and budget assumptions. It projects a $60.6 million shortfall due to increasing expenditures and decreasing revenues. Expenditures are expected to rise by $113.1 million for items like salaries, benefits, and contractual obligations. Revenues may decrease by $2.2 million excluding county funding. The forecast also notes uncertainties around state funding levels and enrollment projections that could further impact the budget situation.