Budget in Brief 15-16 - Clarkston School District · This document is a Budget Summary and guide to...

Budget Summary

FY 2016-17

Clarkston School District J250-185 1294 Chestnut

Clarkston, WA 99403

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INTRODUCTION

This document is a Budget Summary and guide to the 2016-17 Budget of the Clarkston

School District J250-185. The Budget Summary represents a continuing effort to provide

meaningful financial information to our community.

This document presents simplified financial information to aid the public’s

understanding of how public schools are operated. The revenue estimates and spending

plans summarized within this document are shown in much greater detail in the formal

budget, OSPI Form F-195. If you are interested in the official F-195, please follow this

link: http://www.k12.wa.us/SAFS/default.asp

The Budget Summary contains information on the budgets of all five (5) district funds:

General Fund, Capital Projects Fund, Debt Service Fund, Associated Student Body Fund,

and Transportation Vehicle Fund. More detailed information is available by contacting

the Clarkston School District Business Office at (509) 758-2531.

We welcome your comments and suggestions.

Board of Directors

Scott Dolezal, President

Dennis Lenz, Vice President

Meghan Pierce, Legislative Rep

Jim Nelly, Director

Miles Sidener, Director

Administration

Tim Winter, Superintendent

Jim Fry, Assistant Superintendent

Wendy Rimmelspacher, Executive Director of Financial Services

Rebecca Lockhart, Director of Special Services

Mission Statement

Be VALUED. Be INSPIRED. Be RESOURCEFUL. Be TOGETHER.

http://www.k12.wa.us/SAFS/default.asp

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Clarkston School District J250-185

1294 Chestnut Street

Clarkston, WA 99403

Phone (509) 758-2531

Fax (509) 758-3326

Visit our web page at www.csdk12.org

2016-17 BUDGET AND LEVY SUMMARY

General Fund

Capital Projects

Fund

Debt Service Fund

Associated Student

Body Fund Transportation Vehicle Fund

Beginning Fund Balance

$2,500,000 $97,000 $774,510 $151,112 $102,265

Revenues &

Other Financing Sources

$32,818,854 $234,000 $106,100 $821,621 $94,020

Total Available $35,318,854 $331,000 $880,610 $972,733 $196,285

Less: Appropriations $32,723,854 $331,000 $1 $941,376 $100,821

Transfers Out $95,000 $11,000

Ending Fund Balance $2,500,000 $0 $869,609 $31,348 $95,464

Ending Fund Balance as Percent of Expenditures

7.62%

Levy $4,838,492 $0

TOTAL DISTRICT BUDGET (total expenditures) $34,097,052

http://www.csdk12.org/

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STUDENT FTE ENROLLMENT COUNTS

2014-15 2015-16 2016-17

Grade Level Actual Budget Budget

Kindergarten 162.95 158 182

First 198.60 183 193

Second 192.30 199 186

Third 209.10 188 189

Fourth 185.58 210 196

Fifth 183.68 182 210

Sixth 177.90 180 190

Seventh 206.94 183 198

Eighth 166.53 205 200

Ninth 212.42 160 199

Tenth 210.70 204 173

Eleventh 171.48 200 192

Twelfth 142.10 158 172

Subtotal 2420.27 2410 2480

Running Start 25 20 24

Open Doors 0 0 30

ALE Enrollment 137.40 110 80

Ancillary Services K-12 5.06 0 0

Total Enrollment 2587.73 2540 2614

2,450.00

2,500.00

2,550.00

2,600.00

2,650.00

2,700.00

09-10 10-11 11-12 12-13 13-14 14-15 15-16

Student Enrollment

Actual Budget

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2016-17 Certificated and Classified Staffing

Activity

No. of FTE Certificate

Staff % of Total

No. of FTE Classified

Staff % of Total

Teaching Activities

27 Teaching 147.320 83.93 39.893 31.20

28 Extracurricular 0.000 0 0.000 0

Total Teaching Activities 147.320 83.93 39.893 31.20

Teaching Support

22 Learning Resources 1.600 0.91 4.600 3.60

24 Guidance and Counseling 4.000 2.28 6.437 5.03

25 Pupil Management & Safety 0.000 0.00 3.076 2.41

26 Health Services 8.600 4.90 2.376 1.86

31 Instructional Development 0.000 0.00 0.000 0.00

33 Curriculum 0.500 0.28 0.500 0.39

Total Teaching Support 14.700 8.38 16.989 13.29

Other Supportive Activities

44 Operations-Food Service xxxxx xxxxx 8.455 6.61

52 Operations-Transportation xxxxx xxxxx 6.437 5.03

53 Maintenance xxxxx xxxxx 1.000 0.78

62 Grounds Maintenance xxxxx xxxxx 1.750 1.37

63 Operations of Buildings xxxxx xxxxx 17.888 13.99

64 Maintenance xxxxx xxxxx 4.250 3.32

72 Information Systems 0.000 0.00 4.000 3.13

Total Other Support 0.000 0.00 43.780 34.24

Unit Administration

23 Principal's Office 9.000 5.13 10.838 8.48

Total Unit Administration 9.000 5.13 10.838 8.48

District Administration

12 Superintendent's Office 1.000 0.57 1.000 0.78

13 Business Office 0.000 0.00 5.305 4.15

14 Human Resources 0.500 0.28 2.904 2.27

21 Supervision-Instruction 3.000 1.71 2.808 2.20

41 Supervision-Nutrition Services 0.000 0.00 1.505 1.18

51 Supervision-Transportation 0.000 0.00 1.404 1.10

61 Supervision-Building 0.000 0.00 1.452 1.14

Total District Admin. 4.500 2.56 16.378 12.81

Total FTE Staff 175.520 100% 127.878 100%

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GENERAL FUND

Summary of Budget

2014-15 2015-16 2016-17

Actual Budget Budget

Beginning Fund Balance $2,387,306 $2,700,000 $2,500,000

Revenues 28,605,168 31,927,681 32,818,854

Expenditures 28,323,885 31,958,663 32,723,854

Transfer Out (DSF and TVF) 95,000 95,000 95,000

Ending Fund Balance $2,573,590 $2,574,018 $2,500,000

EFB as % of Expenditures 9.09% 8.05% 7.62%

General Fund Financial Summary

Actual

2014-15 % of Total

Budget 2015-16

% of Total

Budget 2016-17

% of Total

Enrollment and Staffing Summary

Total K-12 FTE Enrollment 2582.67 2,540.00 2614.00 FTE Certificated Employees

170.956 171.960 175.520

FTE Classified Employees 116.802 126.299 127.878 Expenditure Summary by Program Groups:

Regular Instruction $15,687,842 55% $15,887,722 50% $17,465,734 53%

Special Education Instruction 3,141,689 11% 3,535,421 11% 3,757,067 12%

Vocational Instruction 764,757 3% 731,895 2% 921,122 3%

Compensatory Education 1,892,829 7% 1,942,792 6% 1,931,251 6%

Other Instructional Programs 82,476 0% 2,868,095 9% 1,382,896 4%

Community Services 43,293 0% 54,500 0% 56,740 0%

Support Services 6,710,998 24% 6,938,238 22% 7,209,044 22%

Total - Program Groups 28,323,885 100% 31,958,663 100% 32,723,854 100%

Actual

2014-15 % of Total

Budget 2015-16

% of Total

Budget 2016-17

% of Total

Expenditure Summary by Activity Groups:

Teaching Activities $16,365,990 58% $19,785,693 62% $19,285,531 59%

Teaching Support 2,997,180 11% 2,910,771 9% 3,693,398 11%

Other Support Activities 5,249,110 18% 5,267,544 16% 5,645,557 17%

Building Administration 1,719,741 6% 1,772,546 6% 1,920,084 6%

Central Administration 1,991,864 7% 2,222,109 7% 2,179,284 7%

Total - Activity Groups $28,323,885 100% $31,958,663 100% $32,723,854 100%

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Expenditures Summary by Objects:

Certificated Salaries $11,947,269 42% $12,276,424 38% $13,244,694 40%

Classified Salaries 5,174,562 18% 5,396,032 17% 5,726,344 18%

Employee Benefits & Payroll 6,305,446 22% 7,058,651 22% 7,366,312 23%

Supplies 1,900,515 7% 4,004,587 13% 2,779,686 8%

Purchased Services 2,717,587 10% 2,997,315 9% 3,359,593 10%

Travel 141,541 1% 169,654 1% 182,225 1%

Capital Outlay 136,694 0% 56,000 0% 65,000 0%

Total Objects $28,323,885 100% $31,958,663 100% $32,723,854 100%

* Other Support activities include child nutrition, transportation, motor pool, building and grounds maintenance,

and utilities.

# Central Administration includes board, superintendent’s office, business office, human resources and

supervisors other than principals.

Revenues

The district receives revenues from three primary sources – local, state, and federal. Local

revenues account for approximately 16%, federal sources for 12%, and state revenues supporting

the majority of operations with 72%.

Local Resources: Local revenues come primarily from voter approved maintenance and

operations levies and the purchase of breakfast and lunches from child nutrition. The district is

anticipating about $5.3 million in local resources.

State Resources: The district is anticipating approximately $23.4 million in state resources to

support basic operations of the district. Most revenues from the state are allocated to the district

based on student enrollment. Each student FTE generates approximately $6,640 in state

apportionment.

Additional significant state resources include Special Education, Learning Assistance, and

Transportation.

Federal Resources: The district is anticipating approximately $4.1 million in Federal Resources.

The majority of the district’s federal funds come from the Title I, Federal Special Education, and

the National School Lunch Program grants.

Federal funds provide more specialized help for students who are performing poorly in reading

and math (Title I), special services for special needs students (Special Education), subsidized

breakfasts and lunches for students (Nutrition), and Teacher & Principal Training and Recruiting

(Title II - Teacher Principal Quality).

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Revenue Detail

2014-15 2015-16 2016-17


Local Taxes

Property Taxes (1100) $4,861,978 $4,838,492 $4,838,492

Local in lieu of Taxes (1400) 190 200 200

Total Local Taxes $4,862,168 $4,838,692 $4,838,692

Local Support Non-Tax

Tuition and Fees, Unassigned (2100) $4,814 $8,800 $5,850

Sales of Goods, Supplies (2200) 21,059 18,000 12,000

Other Community Services (2289) 8,729 6,000 7,000

Child Nutrition, Local (2298) 248,744 247,000 270,000

Investment Earnings (2300) 2,703 2,000 4,000

Gift, Grants and Donations (2500) 19,285 82,400 50,475

Fines & Damages (2600) 1,782 3,000 2,000

Rentals & Leases (2700) 70,104 73,000 74,000

Insurance Recoveries (2800) 170 0 0

Local Non-tax Unassigned (2900) 2,294 1,000 1,000

E-Rate 93,488 140,000 55,000

Total Local Support Non-Tax $473,171 $581,200 $481,325

State, General Purpose

Apportionment (3100) $14,526,849 $14,109,174 $16,885,013

Special Education Appt (3121) 504,270 508,713 505,960

Local Effort Assistance (3300) 1,685,044 1,867,419 1,764,411

Total State, General Purpose $16,716,163 $16,485,306 $19,155,384

State, Special Purpose

Special Purpose, Unassigned(4100) $260 $0 $0

Special Education (4121)

1,920,036 1,842,162 2,197,908

Sp Ed Infants & Toddlers (4122) 133,868 92,202 190,892

Learning Assistance (4155) 758,257 747,155 782,229

Special & Pilot Programs (4158) 254,870 262,145 232,808

Transitional Bilingual (4165) 38,313 40,772 40,513

Highly Capable (4174) 25,814 25,036 27,342

School Food Services (4198) 29,595 30,140 26,320

Transportation-Operation (4199)

721,119

721,120 760,000

Other State Agencies (4300) 3,940 5,000 4,000

Total State, Special Purpose $3,886,071 $3,765,732 $4,262,012

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Federal, General Purpose

Federal Forest (5500) $28,255 $0 $26,000

Total Federal, General

Purpose $28,255 $0 $26,000

Federal, Special Purpose

Special Education, Supplemental (6124) $581,981 $632,755 $575,326

Secondary Voc. Education (6138) 23,794 25,000 25,000

Title I-Disadvantaged (6151) 726,734 773,938 774,457

School Improvement (6152) 148,828 150,000 150,000

Other Community Services (6189) 59,121 50,000 50,000

School Food Services (6198) 884,416 908,000 970,100

Direct Federal, JROTC (6200) 53,789

3,551,056 1,356,808

Medicaid Administrative Match (6310) 0 0 0

Sp Ed Medicaid Reimbursement (6321) 52,375 70,000 50,000

School Improve, Century 21 (6352) 0 0 0

Food Commodities (6998) 91,107 80,000 80,000

Total Federal, Special Purpose $2,622,146 $4,293,323 $4,031,691

Revenues From Other Entities

Government Entities (8100) $11,155 $9,000 $11,000

Private Foundations (8200) $5,964 $6,000 11,750

Total Revenues From

Other Entities $17,119 $15,000 $22,750

Other Financing Sources

Sale of Equipment - Surplus (9300) $75 $1,000 $1,000

Total Other Financing Services $75 $1,000 $1,000

TOTAL REVENUES $28,605,168 $31,927,681 $32,818,854

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Detail of Revenues

Property Taxes are 47% of the 2016 levy received in the fall and 53% of the 2017 levy received

in the spring.

Local in lieu of Taxes is the District’s local revenue received in lieu of property taxes.

Tuition and Fees, Unassigned are fees for shop, art, lab and other miscellaneous items

collected at the schools.

Sales of Goods, Supplies are revenues received for miscellaneous items sold by the District.

Revenues in this category include everything from music CD sold by a school to the student

assignment folders.

Other Community Services are the revenues received for chargeable bus usage (GEAR UP).

Child Nutrition Federal, State & Local – These revenues are directly related to the number of

meals served throughout the year.

Investment Earnings are received by investing cash held by the County Treasurer.

Gifts, Grants and Donations are revenues received commonly from local Parent Groups and

community donations.

Fines & Damages are collected from students for book fines and damages to property.

Rentals & Lease revenues are received from the rental of district property.

Insurance Recoveries are received based upon mishaps that occur during the year. Most

revenues are received from our insurance carrier for damages in which the district is insured.

Local Non-tax Unassigned revenues are miscellaneous revenues collected by the district that

do not fit into another revenue category.

Apportionment is driven by our staff mix factor, the statewide salary schedule, and our basic

education enrollment.

Local Effort Assistance is state revenue that is dispersed to low property valuation districts to

lessen the impact of high property tax rates.

Special Education includes State and federally funded programs.

Learning Assistance Program (LAP) is a State funded program for students who are deficient

in basic skills.

Special & Pilot Programs include grants that are passed through and are not always recurring

from year to year.

Transitional Bilingual is a State funded program based on the District’s bilingual enrollment.

Extra expenditures go towards students whose primary language is not English.

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Highly Capable is a State funded program based on 2% of the District basic education

enrollment.

Transportation Allocation - The District’s allocation from the State is based on student

ridership.

Federal Forest revenues are the district’s share of the sale of timber on federal forest land.

Title I Disadvantaged is a federally funded program that is based on the District’s poverty level

Secondary Vocational Education funding is commonly known as the Carl Perkins Grant. The

grant award provides funding for the Career and Technical Education program to purchase

additional resources for these programs.

School Improvement is a series of federally funded grant programs encompassing various

titles of the No Child Left Behind Act designed to improve the quality of education. The

District’s grant in this category is the Teacher and Principal Training and Recruiting Fund. The

bulk of funds are used to improve math teaching skills.

Direct Federal JROTC is the federal share of the JROTC program.

Food Commodities - The revenues received in this category are related to the commodities that

the District receives from the U.S. Department of Agriculture. The revenues received are in the

form of food. No actual cash is received. Proper accounting procedures require the District to

record and recognize the revenues and expenditures.

Revenue Capacity – With the premise that any increase in expenditures is accompanied by a

like increase in revenues, $1,200,000 is budgeted in both revenues and expenditures to

accommodate additional higher-than-budgeted enrollment number as well as additional grants

or other funding received over the course of the year.

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2016-17 Program Expenditures by Object

Program Total Debit

Transfers Credit

Transfers Certificated

Salaries Classified Salaries

Employee Benefits Supplies

Purchased Services Travel

Capital Outlay

(0) (1) (2) (3) (4) (5) (7) (8) (9)

01 Basic Education 16,804,141 134,700 9,494,207 1,634,404 4,037,664 817,088 612,603 73,475

02 ALE 514,442 275,444 46,393 119,665 57,340 15,500 100

03 Dropout Reengagement 147,151 53,193 18,103 30,855 30,000 11,000 4,000

21 Special Education, Basic 3,034,355 40,200 1,412,683 560,162 824,795 48,850 144,490 3,175

22 Sp Ed Infant & Toddlers 180,054 300 58 179,696

24 Special Ed. Supplemental 542,658 67,288 278,645 192,035 4,490 200

31 Vocational, Basic, State 897,542 534,059 31,254 212,948 70,800 29,481 19,000

38 Secondary Voc. Education 23,580 5,000 12,000 3,347 1,233 1,000 1,000

51 Title 1-Disadvantaged 730,481 281,284 189,348 203,900 9,061 46,588 300

52 School Improvement 141,482 96,170 29,838 974 14,500

55 Learning Assistance 737,812 6,900 145,330 309,318 218,939 54,725 1,600 1,000

58 Special & Pilot Programs 221,490 185,826 34,106 1,000 558

65 Transitional Bilingual 99,986 41,555 22,428 32,703 800 1,000 1,500

69 Comp, other

74 Highly Capable 26,088 3,000 11,936 4,652 3,500 1,500 1,500

79 Other Instr. Programs 1,356,808 424,116 12,888 78,143 491,661 300,000 50,000

89 Other Community Services 56,740 50,000 6,740

97 Districtwide Support 5,131,777 900 216,603 1,728,199 890,753 382,175 1,887,922 25,225

98 Food Service 1,344,187 (50,000) 411,744 231,649 667,049 17,095 1,650 65,000

99 Transportation 733,080 (185,700) 471,158 220,262 132,200 94,860 300

Totals 32,723,854 235,700 (235,700) 13,244,694 5,726,344 7,366,312 2,779,686 3,359,593 182,225 65,000

General Fund expenditures can be categorized in several ways in the budget. The district prepares its expenditure budget

based on a program basis. Program budgeting allows the district to examine the costs of instructional programs on an

individual basis.

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Summary of General Fund Expenditures by Activity

Activity Actual

2014-15 % of Total

Budget 2015-16

% of Total

Budget 2016-17

% of Total

Teaching Activities

27 Teaching 15,679,039 19,109,836 18,593,924

28 Extracurricular 686,951 675,857 691,607

Total Teaching Activities 16,365,990 57.78 19,785,693 61.91

19,285,531

58.93

Teaching Support

22 Learning Resources 454,663 436,668 477,481

24 Guidance and Counseling 478,003 474,773

801,822

25 Pupil Management & Safety 188,598 189,540

232,061

26 Health Services 921,987 937,528 1,019,306

31 Instructional Prof Development 585,381 483,565

713,346

32 Instructional Technology 98,774 41,200

41,700

33 Curriculum 113,627 347,497 407,682

Total Teaching

Support 2,997,180 10.58 2,910,771 9.11

3,693,398

11.29

Other Supportive Activities

42 Food 637,944 606,558 615,774

44 Operations-Food Service 531,086 585,549

653,697

49 Transfers (41,604) (50,000) (50,000)

52 Operations-Transportation 556,526 666,078

616,958

53 Maintenance 158,826 155,251 159,403

56 Insurance 26,721 28,000 27,000

59 Transfers (147,606) (173,455) (185,700)

62 Grounds Maintenance 193,451 85,111 152,176

63 Operations of Buildings 1,130,100 1,134,718

1,176,992

64 Maintenance 591,275 541,975 549,043

65 Utilities 810,337 870,000 981,014

67 Building Safety 27,262 11,500 131,500

68 Insurance 230,441 249,000 250,000

72 Information Systems 469,520 503,259 487,842

73 Printing 31,639 0 26,558

74 Warehousing & Distribution 0 0

0

75 Motor Pool 1,588 3,100 3,300

83 Interest 0 0 0

84 Principal 0 0 0

85 Debt Expenditures 0 0 0

91 Public Activities 41,604 50,000 50,000

Total Other Support 5,249,110 18.53 5,267,544 16.48 5,645,557 17.25

Unit Administration

23 Principal's Office 1,719,741 6.07 1,772,546 5.55 1,920,084 5.87

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Activity Actual

2014-15 % of Total

Budget 2015-16

% of Total

Budget 2016-17

% of Total

Central Administration

11 Board of Directors 38,062 95,000 75,000

12 Superintendent's Office 271,332 279,816

301,491

13 Business Office 455,029 536,269 473,905

14 Human Resources 359,415 352,332 355,371

15 Public Relations 52,933 26,900 38,500

21 Supervision-Instruction 498,749 517,386 571,358

41 Super.-Nutrition Services 118,632 120,769

124,716

51 Super.-Transportation 103,474 137,204 109,858

61 Super.-Facilities 94,238 156,433 129,115

Total District Admin. 1,991,864 7.03 2,222,109 6.95 2,179,284 6.66

Total Expenditures 28,323,885 100% 31,958,663 100%

32,723,854

100%

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Capital Projects Fund

The capital projects fund is used to account for the acquisition or construction of major capital

facilities. This includes the acquisition of land or existing facilities, construction of buildings,

purchase of equipment, making capital improvements, or implementing technology systems.

The current budget includes expenditures to build a greenhouse at Grantham under the Healthy

Kids Grant and capacity for unknown future grants.

Summary of Budget

2014-15 2015-16 2016-17


Beginning Fund Balance $121,618 $84,000 $97,000

Revenues 18,317

478,400 234,000

Less: Expenditures 54,108

562,400 331,000

Ending Fund Balance $85,827 $0 $0

Detail of Revenues

2014-15 2015-16 2016-17


Investment Earnings $146 $400 $400

Potential Grant 0

450,000

222,600

Transfers 18,171

28,000 11,000

TOTAL REVENUES $18,317 $478,400 $234,000

Detail of Expenditures

2014-15 2015-16 2016-17


Potential Grant $0 $450,000 $0

Buildings 45,622

112,400 308,400 Equipment-Technology Upgrade 8,487 0 0 Equipment-Healthy Kids Grantham Greenhouse 0 0 22,600

TOTAL EXPENDITURES $54,108 $562,400 $331,000

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Debt Service Fund

The debt service fund provides for payments on the District’s long-term debt. The District

currently has one non-voted outstanding Qualified Zone Academy Bond (QZAB) that is due and

payable in December 2022. This budget provides for the transfer in of funds from the General

Fund to continue to grow the savings for a lump sum bond payment in 2022.

Summary of Budget

2014-15 2015-16 2016-17



Revenues 113,172

123,100 106,100

Less: Expenditures 0

1

1

Transfers Out 18,171

28,000 11,000

Ending Fund Balance $679,510 $775,099 $869,609

Detail of Revenues

2014-15 2015-16 2016-17


Local Taxes $18,171 $0 $0

Local in lieu of Taxes 0

3,000 1,000

Investment Earnings 1 100 100

Other Local Taxes 0 25,000 10,000

Transfers In (GF for QZAB) 95,000 95,000 95,000

TOTAL REVENUES $113,172 $123,100 $106,100


2014-15 2015-16 2016-17


Matured Bond Expenditures $0 $0 $0

Interest on Bonds 0 1 1

Bond Transfer Fees 0 0 0

TOTAL EXPENDITURES $0 $1 $1

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Associated Student Body Fund

Financial transactions in the Associated Student Body (ASB) Fund are limited to general student

body activities, athletics, classes, clubs, and private moneys (charitable contributions).

The budget basically gives the schools the budget capacity to carry out their normal operations

during the year.

Summary of Budget

2014-15 2015-16 2016-17



Revenues

523,558 818,243 821,612

Less: Expenditures 535,870 907,763 941,376


Detail of Revenues

2014-15 2015-16 2016-17


General Student Body $53,153 $101,374 $106,266

Athletics 199,653 250,700 288,500

Classes 6,025 7,500 7,380

Clubs 255,952 439,669 400,456

Private Moneys 8,775 19,000 19,010

TOTAL REVENUES $523,558 $818,243 $821,612


2014-15 2015-16 2016-17


General Student Body $51,435 $113,485 $118,735

Athletics

226,556 291,764 342,703

Classes

6,125 6,100 7,145

Clubs

238,880 475,897 452,593

Private Moneys

12,874 20,517 20,200


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Transportation Vehicle Fund

The Transportation Vehicle Fund is used for the purchase, major repair, rebuilding, and related

debt service for pupil transportation equipment.

Revenues in this fund are generated from the state based on depreciation of the District’s

current bus fleet. The long-term financing category represents bank loans to purchase new

busses.

Expenditures in this fund include capacity to purchase new and used busses.

Summary of Budget

2014-15 2015-16 2016-17



Revenues

309,049 214,200 94,020

Less: Expenditures 279,368 249,485 100,821

Transfers (from GF) 0 0 0


Detail of Revenues

2014-15 2015-16 2014-15


Investment Earnings $66 $200 $150

Depreciation Reimbursement 87,983 83,000 91,870

Sale of Equipment (surplus) 0 2,000 2,000

Long Term Financing

221,000 129,000 0

TOTAL REVENUES $309,049 $214,200 $94,020


2014-15 2015-16 2016-17


Purchase of School Bus $220,891 $134,000 $10,000

Principal due on bus loan 56,350 111,453 86,088

Interest due on bus loan 2,128 4,032 4,733


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