Pulaski Community School District

Transcription

1 Pulaski Community School District Budget Hearing & Annual Meeting Wednesday, September 20, :30 p.m. RIPLEY PERFORMING ARTS CENTER (Pulaski High School Auditorium)

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4 Dear Electors of the Pulaski Community School District, I am pleased to be writing to you again this year to update you on the service that your Pulaski Community School District is providing to our students and to our community. As our staff returned for our welcome back professional development day on August 28, 2017, I highlighted the philosophy of the Pulaski Community School District. Community is not just a word in our name, it is also an integral part of who we are as learners, educators, and citizens. The philosophy is timeless and I am proud to share with my colleagues throughout the state that our community had the foresight in 1985 to adopt a philosophy that is still so relevant today. Over the past year, we have seen an outpouring of support from and for our community. The Field of Dreams Steering Committee led an effort to fundraise for Saputo Stadium and completed Phase I of the project which was funded by tremendously generous members of our community. We ve made additional efforts to get the word out about the great things happening within the District. From our #RaiderStrong social media presence to meetings in the municipalities of the Pulaski Community School District to the semi-annual newsletter delivered to the homes of all residents of the district, we re telling our story! Not only are we telling our story, we re listening too! Each month of the school year, I host Coffee and Conversation at locations throughout the district. Please check our website and join me on the third Tuesday of the month for a visit about our wonderful students, staff, schools and community. Additionally, members of our staff and school community have been actively involved in showcasing and supporting our community through Casimir Pulaski Week, Franciscan Friars Printery / Brown County Library relocation efforts and local civic organizations. The Pulaski Community School District has also taken an active role in economic, workforce, community and infrastructure development efforts in many communities throughout the District in an effort to advocate for the interests of our District. This year brings excitement for our professional practice through Professional Learning Communities (PLC). PLCs honor our professional educators by providing them the opportunity to use evidence to inform their practice and collaborate with their colleagues to best serve the needs of their students. Over the next two years we will also be investing in the maintenance of our facilities without raising property taxes. Energy efficiency and operational projects will include roofing, indoor and outdoor lighting, HVAC, kitchen appliance replacements and other projects designed to protect and care for our community s investment in our schools. I look forward to continuing the #RaiderStrong work of our schools together with all of our Pulaski Community School District family. Thank you for your dedication to and interest in our District and your support of public education. Please feel free to contact me if you have any questions or if I can be of assistance. Yours in Education, Bec Kurzynske Superintendent of #RaiderStrong Administrative Office 143 W. Green Bay Street Pulaski, WI Phone: Fax: The Pulaski Community School District does not discriminate on the basis of race, sex, age, religion, handicap, or national origin 4

5 Call Meeting to Order Board President 1. Election of Chairperson PULASKI COMMUNITY SCHOOL DISTRICT Budget Hearing and Annual Meeting Wednesday, September 20, :30 p.m. Ripley Performing Arts Center (Pulaski High School Auditorium) AGENDA 2. Acknowledge Preparation and Distribution of Minutes of the 2015 Annual Meeting 3. Presentation of the Budget 4. Hearing on the Budget 5. Resolution 17-1 Adoption of Operations and Debt Service Tax Levy 6. Resolution 17-2 Adoption of Community Services Tax Levy 7. Resolution 17-3 Authorizing Capital Expansion Fund 8. Resolution 17-4 Adoption of Book Rental Fees 9. Resolution 17-5 Authorizing Sale of Personal Property 10. Resolution 17-6 Authorizing the Board to Rent or Lease Property or Space 11. Resolution 17-7 Authorizing (and setting) School Board Salaries 12. Resolution 17-8 Authorizing Reimbursement of School Board Members 13. Resolution 17-9 Authorizing the Board to Schedule the 2015 Annual Meeting 14. Resolution Authorizing the Board to Operate a District Breakfast and Lunch Program 15. Resolution Authorizing the Board to Enter into a Lease/Purchase of Transportation Equipment 16. Conduct any other School Business as Authorized under chapter of the Wisconsin Statutes Powers of the Annual District Meeting 17. Citizens Forum 18. Adjournment 5

6 PULASKI COMMUNITY SCHOOL DISTRICT 2016 ANNUAL MEETING Minutes of September 21, 2016 The 2016 Annual Meeting of the Pulaski Community School District was held in the Ripley Performing Arts Center (Pulaski High School Auditorium) on Wednesday, September 21, The meeting was called to order by Board President Voelker at 7:30 p.m. Board members present: Trina Townsend, Brian Vanden Heuvel, Michael Voelker, Sara Mangold, Barb McKeefry, Mark Wernicke and Mark LeMere. Administrators present: Director of Business Services, Jill Bodwin and Superintendent, Bec Kurzynske. President Voelker called for nominations to elect a chairperson for the meeting. Pat Fullerton nominated Mike Verba as chairperson. A motion was made by Pat Fullerton and seconded by Mark Wernicke to close the nominations. Motion carried unanimously by an aye vote. Mike Verba was elected chairperson of the 2016 Annual Meeting unanimously by an aye vote Minutes A motion was made by Michael Voelker and seconded by Sara Mangold to acknowledge that the minutes of the 2015 annual meeting were prepared and were distributed to all annual meeting participants. Motion carried unanimously by an aye vote. Superintendent, Bec Kurzynske, welcomed the attendees and shared some highlights of the district. Presentation of the Budget Jill Bodwin, Director of Business Services, presented the budget and proposed tax levy. A hearing on the proposed budget was conducted. Resolution 16-1 Tax Levy A motion was made by Joanne Kurowski and seconded by Jenny Gracyalny to levy a tax on all taxable property in the amount of $13,525,567 for the purposes of operating and maintaining the school district system and to finance debt service for the fiscal year. Motion carried unanimously by an aye vote. Resolution 16-2 Adoption of Community Service Tax Levy A motion was made by Caitlin Matthiesen and seconded by Jackie Baumann to levy a tax on all taxable property in the amount of $272,985 to fund the community service obligations for the fiscal year. Motion carried unanimously by an aye vote. Resolution 16-3 Authorizing Capital Expansion Fund A motion was made by Pat Fullerton and seconded by Al Wood to create a Capital Expansion Fund pursuant to section (10m) of the Wisconsin Statutes for the purpose of financing, remodeling, maintenance, repair and improvement projects at various district buildings and sites and to levy a tax in the amount of $265,000 be levied for the fiscal year to be deposited into the Capital Expansion Fund created and to be used only for the specified purposes listed above. Motion carried unanimously by an aye vote. 6

7 Resolution 16-4 Book Rental A motion was made by Pam Mannigal and seconded by Jackie Baumann to approve a book rental fee of $75 per student at the high school level; a book rental fee of $55 per student at the middle school level; and a book rental fee of $20 per student at the elementary level. Motion carried unanimously by an aye vote. Resolution 16-5 Surplus Property Sale (personal property) A motion was made by Joanne Kurkowski and seconded by Jeremy Pach to grant the school board the authority to sell and dispose of any tangible personal property belonging to the school district that is determined by the school board to be no longer needed for school purposes. Motion carried by all aye votes. Resolution 16-6 Rent Space A motion was made by Jean Pautz and seconded by Jenny Gracyalny to authorize the school board to rent or lease property or space required to accommodate district schools and offices. Motion carried unanimously by an aye vote. Resolution 16-7 School Board Salaries A motion was made by Jackie Baumann and seconded by Amy Angeli to approve the current school board salaries as presented. Motion carried unanimously by an aye vote. Board President: $3400 Board Clerk: $3150 Board Member: $2900 Resolution 16-8 Reimbursement of School Board Members A motion was made by Joanne Kurkowski and seconded by Jill Bodwin to approve school board member reimbursement for actual and necessary expenses when traveling in the performance of duties and the reimbursement of a school board member for actual loss of earnings when duties require the school board member to be absent from regular employment. Motion carried unanimously by an aye vote. Resolution 16-9 Schedule the 2017 Annual Meeting A motion was made by Bec Kurzynske and seconded by Wendy Derenne to permit the school board to set the date, time and place for the 2017 Annual Meeting. Motion carried unanimously by a aye vote. Resolution Operate a District Breakfast Lunch Program A motion was made by Caitlin Matthiesen and seconded by Mark Wernicke to allow the Pulaski Community School District to operate a district breakfast and lunch program. Motion carried unanimously by an aye vote. Resolution Authorizing the Board to Lease / Purchase Transportation Equipment A motion was made by Rock Mannigel and seconded by Al Wood to authorize the Pulaski Community School District to enter into a lease / purchase agreement for the purpose of purchasing transportation equipment. And authorize the superintendent of the District to execute and deliver all documents and to do all things required of the District to accomplish the lease / purchase of the transportation equipment. Motion carried unanimously by an aye vote. 7

8 Other Business There was no other school business conducted. Citizens Forum None Adjournment A motion was made by Jenny Gracyalny and seconded by Sara Mangold to adjourn the meeting. Motion carried unanimously by an aye vote. Meeting was adjourned at 8:05 p.m. Trudy Wied, Secretary Pulaski Board of Education 8

9 GENERAL FUND (FUND 10) BUDGET ADOPTION Audited Unaudited Budget Beginning Fund Balance (Account ) 6,541, ,498, ,015, Ending Fund Balance, Nonspendable (Acct ) 9, , , Ending Fund Balance, Restricted (Acct ) Ending Fund Balance, Committed (Acct ) , , Ending Fund Balance, Assigned (Acct ) 6,488, ,943, ,943, Ending Fund Balance, Unassigned (Acct ) TOTAL ENDING FUND BALANCE (ACCT ) 6,498, ,015, ,015, REVENUES & OTHER FINANCING SOURCES 100 Transfers-in 5, , , Local Sources 210 Taxes 11,896, ,736, ,678, Payments for Services Non-Capital Sales 1, , , School Activity Income 75, , , Interest on Investments 10, , , Other Revenue, Local Sources 308, , , Subtotal Local Sources 12,292, ,171, ,085, Other School Districts Within Wisconsin 310 Transit of Aids Payments for Services 1,078, ,318, ,814, Medical Service Reimbursements Other Inter-district, Within Wisconsin Subtotal Other School Districts within Wisconsin 1,078, ,318, ,814, Other School Districts Outside Wisconsin 440 Payments for Services Other Inter-district, Outside Wisconsin Subtotal Other School Districts Outside Wisconsin Intermediate Sources 510 Transit of Aids 25, , , Payments for Services from CCDEB Payments for Services from CESA Medical Services Reimbursement Other Intermediate Sources Subtotal Intermediate Sources 25, , , State Sources 610 State Aid -- Categorical 908, , , State Aid -- General 23,050, ,468, ,468, DPI Special Project Grants 93, , , Payments for Services Student Achievement Guarantee in Education (SAGE Grant) 245, , , Other State Revenue Through Local Units 1, , Other Revenue 8, , ,692, Subtotal State Sources 24,308, ,085, ,812, Federal Sources 710 Federal Aid - Categorical

10 720 Impact Aid DPI Special Project Grants 89, , , IASA Grants 295, , , JTPA Other Federal Revenue Through Local Units Other Federal Revenue Through State 110, , , Other Federal Revenue - Direct , Subtotal Federal Sources 495, , , Other Financing Sources 850 Reorganization Settlement Compensation, Fixed Assets 28, , , Long-Term Obligations 880, Subtotal Other Financing Sources 908, , , Other Revenues 960 Adjustments 23, , Refund of Disbursement 149, , , Medical Service Reimbursement Miscellaneous 21, , , Subtotal Other Revenues 194, , , TOTAL REVENUES & OTHER FINANCING SOURCES 39,308, ,430, ,498, EXPENDITURES & OTHER FINANCING USES Instruction Undifferentiated Curriculum 10,989, ,439, ,802, Regular Curriculum 5,266, ,265, ,298, Vocational Curriculum 1,047, ,117, ,140, Physical Curriculum 909, , , Co-Curricular Activities 483, , , Other Special Needs 349, , , Subtotal Instruction 19,045, ,568, ,074, Support Sources Pupil Services 1,140, ,098, ,174, Instructional Staff Services 1,555, ,525, ,604, General Administration 332, , , School Building Administration 2,028, ,915, ,012, Business Administration 5,701, ,574, ,357, Central Services 1,442, ,440, ,534, Insurance & Judgments 400, , , Debt Services 236, , , Other Support Services 879, , , Subtotal Support Sources 13,716, ,639, ,840, Non-Program Transactions Inter-fund Transfers 4,375, ,237, ,711, Instructional Service Payments 2,211, ,467, ,870, Other Non-Program Transactions 2, , Subtotal Non-Program Transactions 6,589, ,705, ,583, TOTAL EXPENDITURES & OTHER FINANCING USES 39,351, ,913, ,498,

11 SPECIAL PROJECT FUNDS (FUNDS 21, 23, 29) Audited Unaudited Budget Beginning Fund Balance 29, , , Ending Fund Balance 91, , , REVENUES & OTHER FINANCING SOURCES 284, , , Instruction 180, , Support Services 41, , , Non-Program Transactions TOTAL EXPENDTURES & OTHER FINANCING USES 222, , , SPECIAL EDUCATION FUND (FUND 27) 11 Audited Unaudited Budget Beginning Fund Balance Ending Fund Balance REVENUES & OTHER FINANCING SOURCES 100 Transfers-in 4,345, ,237, ,711, Payments for Services Non-Capital Sales School Activity Income Other Revenue, Local Sources Subtotal Local Sources Other School Districts Within Wisconsin 310 Transit of Aids Payments for Services 55, Medical Service Reimbursements Other Inter-district, Within Wisconsin Subtotal Other School Districts within Wisconsin 55, Other School Districts Outside Wisconsin 440 Payments for Services Other Inter-district, Outside Wisconsin Subtotal Other School Districts Outside Wisconsin Intermediate Sources 510 Transit of Aids 38, , , Payments for Services from CCDEB Payments for Services from CESA Medical Services Reimbursement Other Intermediate Sources Subtotal Intermediate Sources 38, , , State Sources 610 State Aid -- Categorical 1,526, ,497, ,490, State Aid -- General 18, , DPI Special Project Grants Payments for Services Achievement Gap Reduction (AGR grant) Other Revenue Subtotal State Sources 1,545, ,531, ,490, Federal Sources 710 Federal Aid - Categorical 9, ,

12 730 DPI Special Project Grants 565, , , IASA Grants JTPA Other Federal Revenue Through Local Units Other Federal Revenue Through State 213, , , Other Federal Revenue - Direct Subtotal Federal Sources 789, , , Other Financing Sources Compensation, Fixed Assets Long-Term Obligations Subtotal Other Financing Sources Other Revenues 960 Adjustments Refund of Disbursement Miscellaneous Subtotal Other Revenues TOTAL REVENUES & OTHER FINANCING SOURCES 6,774, ,728, ,047, EXPENDITURES & OTHER FINANCING USES Instruction Undifferentiated Curriculum Regular Curriculum Vocational Curriculum 6, Physical Curriculum Special Education Curriculum 5,168, ,320, ,484, Co-Curricular Activities Other Special Needs Subtotal Instruction 5,175, ,320, ,484, Support Sources Pupil Services 751, , , Instructional Staff Services 274, , , General Administration School Building Administration Business Administration 189, , , Central Services 4, , , Insurance & Judgments Debt Services Other Support Services Subtotal Support Sources 1,220, ,139, ,233, Non-Program Transactions Inter-fund Transfers Instructional Service Payments 378, , , Other Non-Program Transactions Subtotal Non-Program Transactions 378, , , TOTAL EXPENDITURES & OTHER FINANCING USES 6,774, ,728, ,047,

13 DEBT SERVICE FUND (FUNDS 38, 39) Audited Unaudited Budget Beginning Fund Balance 125, , , ENDING FUND BALANCES 297, , , TOTAL REVENUES & OTHER FINANCING SOURCES 2,133, ,755, ,205, Long-Term Capital Debt 1,961, ,338, ,123, Refinancing Operational Debt Post Employment Benefit Debt Other Long-Term General Obligation Debt Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 1,961, ,338, ,123, INDEBTEDNESS, END OF YEAR 12,884, ,355, ,080, CAPITAL PROJECTS FUND (FUNDS 41, 46, 48, 49) Audited Unaudited Budget Beginning Fund Balance 1,389, ,660, , Ending Fund Balance 1,660, , ,771, TOTAL REVENUES & OTHER FINANCING SOURCES 3,456, , ,765, Instructional Services Support Services 3,184, ,915, ,005, Community Services Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 3,184, ,915, ,005, FOOD SERVICE FUND (FUND 50) Audited Unaudited Budget Beginning Fund Balance 16, , , ENDING FUND BALANCE 16, , , TOTAL REVENUES & OTHER FINANCING SOURCES 1,632, ,688, ,750, Support Services 1,632, ,646, ,750, Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 1,632, ,646, ,750, COMMUNITY SERVICE FUND (FUND 80) Audited Unaudited Budget Beginning Fund Balance 153, , , ENDING FUND BALANCE 25, , , TOTAL REVENUES & OTHER FINANCING SOURCES 513, , , Support Services , , Community Services 641, , , Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 641, , ,

14 PACKAGE & COOPERATIVE PROGRAM FUND (FUNDS 91, 93, 99) Audited Unaudited Budget Beginning Fund Balance ENDING FUND BALANCE TOTAL REVENUES & OTHER FINANCING SOURCES 15, , , Instruction 6, , , Support Services , Non-Program Transactions 8, , TOTAL EXPENDITURES & OTHER FINANCING USES 15, , , FUND PROPOSED PROPERTY TAX LEVY Audited Unaudited Budget General Fund 11,878, ,718, ,663, Referendum Debt Service Fund 1,613, ,639, ,341, Non-Referendum Debt Service Fund 331, , , Capital Expansion Fund 265, , , Community Service Fund 150, , , TOTAL SCHOOL LEVY 14,237, ,223, ,169, PERCENTAGE INCREASE -- TOTAL LEVY FROM PRIOR YEAR -0.10% -0.38% ENERGY EFFICIENCY EXEMPTION (4) (o) Revenue Limit Exemption for Energy Efficiencies-Evaluation of the Energy Performance Indicators Name of Qualified Contractor H & H Energy Services Performance Contract Length (years) 3 Total Project Cost (including financing) 9,695,745 Total Project Payback Period 10 Years of Debt Payments 10 Remaining Useful Life of the Facility 40 years Prior Year Resolution Expense Amount Fiscal Year 201x 0 Prior Year Related Expense Amount or CY debt levy Fiscal Year 201x 0 Utility Savings applied in Prior Year to Debt Fiscal Year 201x 0 Sum of reported Utility Savings to be applied to Debt $ - Savings Reported for Specific Energy Efficiency Measure or Products Energy efficiency and capital improvement projects at District facilities and grounds, including HVAC and control upgrades; lighting, electrical, water system and building envelope improvements and reapirs; kitchen upgrades; and acquisition of related equipment 14 Project Cost Including Financing Utility Cost Savings Non-Utility Cost Savings $ 9,695,745 $ - $ -

15 2017 ANNUAL MEETING RESOLUTIONS Resolution 17-1 Adoption of General Operations Tax Levy Be it resolved by the electors of the Pulaski Community School District that a tax be levied on all taxable property in the amount of $13,562,086 for the purposes of operating and maintaining the school district system and to finance debt service for the fiscal year. Resolution 17-2 Adoption of Community Service Fund Tax Levy Be it resolved by the electors of the Pulaski Community School District that a tax be levied on all taxable property in the amount of $342,316 to fund community service obligations for the fiscal year. Resolution 17-3 Authorizing Capital Expansion Fund Be it resolved by the electors of the Pulaski Community School District that a Capital Expansion Fund is hereby created pursuant to Section (10m) of the Wisconsin Statutes for the purpose of financing remodeling, maintenance, repair and improvement projects at various district buildings and sites and Be it further resolved that a tax in the amount of $265,000 be levied for the fiscal year to be deposited into the Capital Expansion Fund created above to be used only for the specified purposes listed above. Resolution 17-4 Adoption of Book Rental Fees Be it resolved by the electors of the Pulaski Community School District that a book rental fee of $75 per student at the high school level; a book rental fee of $55 per student at the middle school level; and a book rental fee of $20 per student at the elementary level be charged. Resolution 17-5 Authorizing Sale of Personal Property Be it resolved, that, the School Board is authorized during the current school year to sell and dispose of any tangible personal property belonging to the School District that is determined by the School Board to be no longer needed for school purposes. Resolution 17-6 Authorizing the Board to Rent or Lease Property or Space Be it resolved by the electors of the Pulaski Community School District that the school board be authorized to rent or lease property or space required to accommodate district schools and offices. Resolution 17-7 Authorizing (and setting) School Board Salaries Be it resolved by the electors of the Pulaski Community School District that the salary of the school board members be approved as presented. 15

16 Resolution 17-8 Authorizing Reimbursement of School Board Members Be it resolved by the electors of the Pulaski Community School District that school board members be reimbursed for actual and necessary expenses when traveling in the performance of duties and the reimbursement of a school board member for actual loss of earnings when duties require the school board member to be absent from regular employment. Resolution 17-9 Authorizing the Board to Schedule the 2018 Annual Meeting Be it resolved by the electors of the Pulaski Community School District that the school board be authorized to set the date and time of the 2018 Annual Meeting. Resolution Authorizing the Board to Operate a District Breakfast and Lunch Program Be it resolved by the electors of the Pulaski Community School District that the school board be authorized to operate a district breakfast and lunch program Resolution Authorizing the Board to Enter Into a Lease / Purchase of Transportation Equipment Be it resolved that Pulaski Community School District that the school board be authorized to enter into a lease / purchase agreement for the purpose of purchasing transportation equipment. Be it further resolved, that the superintendent of the District is hereby authorized to execute and deliver all documents and to do all things required of the District to accomplish the lease / purchase of the transportation equipment. 16

17 District Description and Organization The Pulaski Community School District covers 176 square miles and is located in Brown, Oconto, Outagamie and Shawano Counties. The district is comprised of the Village of Pulaski, and the town of Pittsfield, a portion of the Village of Howard, the Village of Hobart, a portion of the Village of Suamico and the Towns of Suamico, Chase, Little Suamico, Morgan, Oneida, Angelica, Green Valley, Lessor and Maple Grove. The estimated 2015 District population was 19,500. The District operates five elementary schools, one middle school and one high school. Glenbrook Elementary, Pulaski Community Middle School and Pulaski High School are all located in the Village of Pulaski. Fairview Elementary is located in Krakow, Sunnyside Elementary in Chase, Lannoye Elementary in Pittsfield and Hillcrest Elementary in Hobart. The district is a fiscally independent common school district and is governed by a seven member elected school board. Board of Education Board Member Office Term Expires Phone Represents Michael Voelker President April Maple Grove, Lessor Sara Mangold Vice-President April Pittsfield, Suamico Trina Townsend Clerk April Pulaski Barbara McKeefry Treasurer April Angelica, Green Valley Brian Vanden Huevel Member April Member at large Mark LeMere Member April Hobart, Oneida Mark Wernicke Member April Chase, Morgan, Little Suamico 17

18 District Administration Rebecca Kurzynske Jilleen Bodwin Jennifer Gracyalny Thomas Krause Nicole Borley Mark Heck Superintendent Director of Business Services Director of Learning Services Director of Personnel Director of Student Services Director of Pulaski Area Community Education Building Administration Jeremy Pach Principal Pulaski High School Lindsey Mathys Associate Principal Pulaski High School Steven Linssen Associate Principal Pulaski High School Patrick Fullerton Principal Pulaski Community Middle School Erin Adams Associate Principal Pulaski Community Middle School Nichole Disterhaft Principal Fairview Elementary Kurtis Sufka Principal Glenbrook Elementary Lara Kuchenbecker Associate Principal/ Glenbrook Elementary Asst. Director of Student Services Kristin Wells Principal/ Hillcrest Elementary 4K Coordinator Jennifer Sommers Principal Lannoye Elementary Marc Klawiter Principal Sunnyside Elementary District Website: Certified Public Accountants Kerber, Rose & Associates, S.C. Financial Advisors Robert W. Baird & Co., Milwaukee, Wisconsin Legal Counsel Strang, Patteson, Renning, Lewis and Lacy, S.C., Green Bay, Wisconsin 18

19 PULASKI COMMUNITY SCHOOL DISTRICT BUDGET Basis of Accounting The State, primarily through the Department of Public Instruction (DPI), regulates by statute and administrative rule the operations of the District. In compliance with DPI rules, Pulaski Community School District uses fund accounting and modified accrual basis of accounting. Fund accounting is the usual method of accounting for governmental units. DPI requires reporting of revenues and expenditures within specified funds. The funds as specified by DPI comply with Governmental Accounting Standards. Basis of accounting refers to the timing and recognition of revenues and expenditures. The modified accrual basis of accounting is used for all governmental fund types (General, Special Revenue, Debt Service, and Capital Project). Revenues are recognized when measurable and available. Expenditures are recorded when paid or when a liability is incurred. This basis is also used for the Food Service, Expendable Trust, Community Service and Cooperative Funds. This basis of accounting is required by DPI and differs from the Governmental Accounting requirement, which requires the District s audited financial statements to be reported using full accrual basis of accounting. Legal Requirements and Board Policies Section 65.90, Wisconsin Statutes, grants school boards the authority to adopt a budget and establish a tax levy. The District is required to hold an annual meeting of electors to approve a tax levy. Statutes require that on or before November 1, a school board must determine if the tax voted at the annual meeting is sufficient to operate and maintain the schools for the school year. If the amount is not sufficient, the school board shall raise the tax. The tax levy will not exceed the legal limits as established by Section In 1993, legislation was enacted to limit property tax levies beginning with the school year. The revenue limit restricts on a per pupil basis the amount of equalization aid and property tax revenues. This legislation also included compensation increase limits for all certified school personnel. The legislation related to compensation increase limits, known as the qualified economic offer, was repealed beginning with the school year. In 2011, Wisconsin Acts 10 and 32 required employees to pay half of the Wisconsin Retirement System pension contributions and prohibited School Boards from bargaining collectively with respect to any factor or condition of employment except total base wages. Additionally, Districts are limited to increasing the base wages only by any increase in the previous year s consumer price index, unless approved through a referendum. Wisconsin Act 27, requiring school districts to allow for open enrollment, went into effect at the beginning of the school year. Under open enrollment, students in grades K-12 may attend any public school in the state. Both the resident and non-resident school districts must approve a request. Denials may be appealed to DPI. Recognizing the need and value of an adequate fund balance for cash flow contingencies and fiscal solvency, the Board adopted a fund balance policy (6235) in November, 1999 and revised it in July, The fund balance goal is to maintain a balance sufficient to avoid short-term borrowing. 19

20 Revenue Limits, Equalization Aid, and Property Taxes Equalization aide and property taxes make up the majority of District revenues. Since these revenues have been limited by law. The maximum limit of these revenues is determined by a calculation that includes average enrollment for the three most recent years times the prior year revenue limit per child, plus an inflationary factor. In the inflationary increase was limited to $200 per student. For , the revenue limit per child was reduced by $533 per student and a $50 per student increase was allowed for A $75 per child increase was allowed for and there has been no increase allowed per student since then. This limit applies to General Fund expenditures and debt expenditures on long-term debt not approved by referendum. The revenue limit is divided between property taxes and state aid. State aid is calculated based on a formula that takes into consideration enrollment, district equalized value per student, and district costs per student. The balance of the revenue limit above the amount of state aid is the property tax levy for the General Fund and non-referendum debt payments. Governor Walker s State budget proposed an additional $200 per student in categorical aid. This amount is not part of the revenue limit formula and therefore is not guaranteed beyond the next biennium budget if it is approved. The Budget Process The Pulaski Community School District prepares its budget on a regulatory accounting basis in accordance with rules established by the Wisconsin Department of Public Instruction. These rules require the use of a fund accounting system. Funds allow for segregation and reporting of transactions in such a way as to assure compliance with various laws, restrictions, regulations and limitations. The district adopts budgets that generally balance revenues and expenditures so as to avoid deficit spending; however, exceptions may occur for specific one-time expenditures that have been anticipated and budgeted for. As stated, the budget complies with revenue limits adopted by the State Legislature. This legislation limits the district s ability to increase property taxes. By virtue of the revenue limit, expenditures are also limited. The district utilizes a site-based management approach to budgeting. Building budget allocations are made based on an amount per student in each building. Each building principal allocates resources based on the needs of the staff members and the plans and goals for that building. Also, each department manager is responsible for planning and administering the budget for their department. Budget allocations are usually calculated in spring and completed budgets are submitted by administrators by July each year. Building enrollment projections and staffing requests for the following year are also considered during spring. The Board of Education was updated on the budget beginning in 20

21 February with additional information provided monthly if /when updated numbers and projections became available. The budget was presented to the Board of Education for publication at the August 16, 2017 meeting. A public hearing on the budget is held in September. The budget is subject to change once the State budget is finalized with state aid typically certified by the Department of Public Instruction in October Management and Administration of the Budget Budget administration and management is the process of regulating expenditures during the fiscal year to ensure they do not exceed authorized levels and are used for intended purposes. Management of the budget is the responsibility of each budget center manager. These individuals are responsible for insuring that expenditures are appropriate and for investigating budget variances. Adherence to the District quoting and bidding policies is also the responsibility of these individuals. 21

22 Historical Enrollment Growth Historical Growth in Equalized Property Value Valuation in Thousands of $ 22

23 Major highlights of the Budget Changes to office visit, urgent care and emergency room co-pays have been made to the employee health insurance plan to keep premium increases at a minimum. The health insurance is increasing by 9.1% and the increase will be split 50/50 between the district and the employees. Summer 2017facilities projects include: replacement of part of the Glenbrook roof, Hillcrest roof repairs, improvements and expansion to parking lot at Sunnyside, demolished house on PHS lot & remodeled 2 storage buildings, storm sewer piping PHS east parking lot, updated flooring at Glenbrook, Hillcrest interior remodeling to accommodate additional classroom space. The Board has approved implementing a second ipad deployment (560 ipads, licensing for management of ipads and select service support) through a 4-year Apple lease. The total cost of the lease is $178,676, with a lease payment of $45,837.73/ year for four years. The funding for this lease is secured from the Digital Learning Plan Budget. In addition to the $307,000 allotted each year for devices, the Digital Learning Plan also provides $24,000 for curriculum adopted digital resources, $21,000 for apps, and $8,000 for learning management suite. This total is identical to the amount budgeted for In May of 2017 the School Board held a public hearing to consider and/or approve a proposal for an energy savings performance contract for the implementation of energy conservation and facility improvement measures to reduce operating costs for the District. No one from the public spoke against the project. The board has approved an energy performance contract with H&H Energy Services Inc. for the following energy conservation and facility improvement measures: HVAC Systems, kitchen upgrades, lighting systems, building ventilation, selective roof and window replacements at each of the district s buildings. The board approved borrowing $8.5 Million for this project. Based on projections, it is expected that the mill rate will not increase as a result of these projects due to the timing of retiring debt. 23

24 Where Does the Money Come From? Where Does the Money Go? Across all funds salaries & benefits total 68% (71% for Funds 10 & 27) 24

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26 GENERAL FUND The general fund is used to account for all transactions not required to be accounted for in a segregated fund. Most of the District expenditures occur in the general fund. Monies accounted for here are for general operations to include instruction, support and maintenance of learning facilities. The primary sources are property taxes and state equalization aid. The totals of these are controlled based upon a state imposed revenue limit calculation utilizing three-year average September and prorated summer enrollments. Assuming a September 2017 full time equivalency (F.T.E.) average enrollment of 3,752, the District s revenue limit for General Fund purposes is estimated to be $ 35,960,624. The composition of these revenues is determined by an equalization aid formula which factors enrollment, shared costs, and state and local property values into the calculation. The equalization aid estimate for 2017 is $23,468,585. Assuming computer aid in lieu of taxes in the amount of $6,786, $12,492,039 comprises the property tax levy. Of that amount, $557,189 will be recorded in Debt Service Fund for payment of non-referendum approved debt and $265,000 will be recorded in the Capital Expansion Fund for building maintenance. $11,663,064 will be recorded in the General Fund. Should the September 2017 average enrollment vary from the estimate of 3,752, or equalization and computer aids differ from the $23,468,585 and $6,786 estimate respectively, the $11, tax levy may change in October when the Board of Education certifies the levy. The State funds a significant portion of District costs through the equalization aid formula. In previous years, state aid made up about 72% of the District s total revenue limit. In recent years state aid allocations have been reduced. For , it is estimated that state equalization aid will be 65% of the revenue limit. 26

27 Revenues & Other Financing Sources AUDITED AUDITED BUDGET Difference % Change Property Taxes $ 11,878,928 $ 11,718,352 $11,663,098 $ (55,254) -.47% State Aids 24,308,214 25,085,358 25,812,330 $ 726, % Federal Aids 495, , ,089 $ (36,837) -6.49% Other Revenues 2,625,708 2,058,501 2,429,582 $ 371, % $ 39,308,619 $ 39,430,137 $ 40,436,099 $ 1,005, % Expenditures by Function AUDITED AUDITED BUDGET Expenditures & Other Financing Uses Difference % Change Instruction $ 19,045,606 $ 18,568,053 $19,050,447 $ 482, % Pupil Services 1,140,889 1,098,573 1,174,268 $ 75, % Instructional Staff Services 1,555,792 1,525,090 1,604,149 $ 79, % General Administration 332, , ,919 $ 55, % Building Administration 2,028,847 1,915,265 2,012,445 $ 97, % Business Administration 5,701,677 5,574,553 5,313,640 $ (260,913) -4.7% Operating Transfers-Out 4,375,369 4,237,487 4,711,041 $ 473, % Tuition 2,211,330 2,467,906 2,870,269 $ 402, % Other 2,960,180 3,178,819 3,296,921 $ 118, % Total $ 39,351,774 $ 38,913,161 $ 40,436,099 $ 1,522, % 27

28 General Fund Revenues & Other Financing Sources 28

29 General Fund Expenditures & Other Financing Uses by Function 29

30 General Fund Revenues by Source Revenues Budget 199 TRANSFER FROM FD 99 3, , s OPER. TRANSFERS-IN 3, , PROPERTY TAXES 11,718, ,663, LEVY FOR PERS PROP TAX CHGBACK 2, , MOBILE HOME TAX/FEES 15, , GEN TUIT NON OPEN ENROLL 262 NON-CAP OBJ/RESALES NON-CAPITAL SURPLUS SALES 1, , SCH CO-CURR ADMISSIONS 58, , COMMUNITY SERVICE FEES 276 SUBSCRIPTIONS 279 OTHER SCH ACT INCOME 21, , INTEREST ON INVESTM. 11, , GIFTS 15, , STUDENT FEES 116, , RENTALS-PROPERTY 13, , REGISTRATION FEES 138, , SUMMER SCHOOL REGISTRATION FEE 54, , STUDENT FINES 2, , s REVENUE LOCAL SOURCE 12,171, ,085, STATE AID/SCH DIST 317 FED AID/SCH DIST 340 PAYTS FOR SERVICES 341 GEN TUITION-NON-OPEN 343 CO-CURRICULAR ACT. 14, , GEN TUITION-OPEN ENR 1,304, ,802, OTHER PAYTS FOR SERV 381 MEDICAID SCHOOL BASE 390 OTH INTERDIST PAYMTS 300 s INTERDIST PAYTS WIS 1,318, ,814, FED. AID FROM CCDEB 7, NON-SP ED ST AID/CESA OR INTER FED AID/CESA OR INTERMEDIATE 21, , OTH REV INTERM SOUR 599 OTH REV INTERM SOUR-MISC 500 s REV INTERMED SOURCES 28, , TRANSPORTATION AID 203, , LIBRARY AID 124, , EQUALIZATION AID 23,468, ,468, SPECIAL PROJ GRANTS 102, , STATE SAGE AID 239, , ST REVENUE/LOCAL GOVTS 3, OTHER REV ST SOURCES 6, , EXEMPT COMPUTER AID 695 PER PUPIL ADJUSTMENT AID 936, ,686, s REVENUE/STATE SOURCE 25,085, ,812,330 30

31 718 ARRA-STATE FISCAL FUNDS 730 SPECIAL PROJ GRANTS 136, , TITLE I-A IMPROV BASIC PR 304, , TITLE V-A INNOVATIVE PROG 780 FED REV THRU STATE-NONDPI 125, , OTHER FED REV FROM FED SOURCES 1, s REVENUE/FEDERAL SOUR 567, , EQUIPMENT SALES 77, , LAND AND OTHER REAL PROP SALES LONG-TERM NOTES 878 CAPITAL LEASES 800 s OTHER FINANCING SOUR 77, , PLAN MEMBER CONTRIBUTION 964 INSURANCE 968 PREMIUMS 19, OTHER ADJUSTMENTS 35, REFUND OF PRIOR YEAR EXPENSES 97, , OTHER MISCELLANEOUS REVEN 23, , s OTHER REVENUES 176, , Total Revenues 39,430, ,436, Equalization/Per Pupil Adj. Aid Increase % Change ,056, % ,717, % ,859, % ,309, % ,064, % ,855, % ,629, % ,984, % ,384, % ,327, % ,609, % ,468, % Proposed ,468, % 31

32 General Fund Expenses by Object Expenditures & Other Financing by Object AUDITED AUDITED BUDGET Difference % Change Salaries $ 19,134,679 $ 19,442,023 $19,981,857 $ 539, % Fringe Benefits 7,219,201 7,254,549 7,586,364 $ 331, % Purchased Services 4,347,345 4,319,714 4,835,786 $ 516, % Non-capital Object 2,973,145 1,954,478 1,909,112 $ (45,366) -2.3% Equipment 558, , ,802 $ (315,412) -49.3% Debt Service 236, , ,102 $ 27, % Insurance & Judgments 427, , ,200 $ 43, % Operating Transfers-Out 4,375,369 4,237,487 4,711,041 $ 473, % Dues & Fees 79, ,787 82,835 $ (48,952) -37.1% Total $ 39,351,774 $ 38,913,161 $ 40,436,099 $ 1,522, % Beginning Fund Balance $ 6,541,683 $ 6,498,528 $ 7,015,505 Ending Fund Balance $ 6,498,528 $ 7,015,505 $ 7,015,505 32

33 SPECIAL REVENUE FUNDS COMBINED The Special Revenue Funds are used account for revenues that are designated for specified purposes and the expenditures related to those revenues. State and federal grant monies and private donations provided for specific purposes, and an operating transfer from the General Fund account for the resources in these funds. Special Revenue Funds Include: Fund 21 Donations Fund 27- Special Education Fund 29- Native American Federal Grant Although future receipt of state and federal grants are contingent upon other governing bodies, it is anticipated that all current programs will continue to be funded. Increased expenditures are primarily due to: Wage and benefit increases for new and existing staff Audited Audited Budget % Change Beginning Fund Balance $ 29,286 $ 91,095 $ 243,952 Revenues and Other Financing Sources $ 6,952,245 $ 7,400,138 $ 7,071, % Expenditures and Other Financing Uses $ 6,975,853 $ 7,247,281 $ 7,071, % $ - Ending Fund Balance $ 91,095 $ 243,952 $ 243,952 Special Revenue (Fund 21) Donations Fund 21 is used to account for private donations that are designated for a specific purpose. When expenditures are made in later years after the donation has been received, unspent revenue is held as fund balance until the expenditure is made. Audited Audited Budget Beginning Fund Balance $ 29,286 $ 91,095 $ 243,952 Revenues $ 255,878 $ 647,343 $ - Expenditures $ 194,069 $ 494,486 $ - Ending Fund Balance $ 91,095 $ 243,952 $ 243,952 33

34 Special Revenue (Fund 27) Special Education The Special Education Fund is a combination of all special education costs. The primary source of revenue, to balance revenues and expenditures, is an operating transfer from the General Fund. This complies with the Wisconsin Department of Public Instruction requirement to account for special education revenues and costs in Special Revenue Fund 27. Audited Audited Budget Revenues & Other Financing Sources Difference % Change Open Enrollment Tuition $ 55,442 $ $ State & Fed. Aid thru intermediate 38,317 33,643 32,000 $ (1,643) -4.9% State Categorical Aid 1,545,340 1,531,109 1,490,999 $ (40,110) 2.6% Federal Grants 789, , ,216 $ (112,573) -12.2% Operating Transfer-In 4,345,718 4,237,487 4,711,041 $ 473, % Total $6,774,164 $6,728,028 $ 7,047,256 $ 319, % Audited Audited Budget Expenditures & Other Financing by Object Difference % Change Salaries $4,375,879 $4,490,147 $ 4,617,275 $ 127, % Fringe Benefits 1,613,471 1,617,655 1,735,200 $ 117, % Purchased Services 654, , ,790 $ 85, % Non-capital Object 121, , ,391 $ (14,534) -10.3% Capital Equipment - 12,374 13,000 $ % Dues & Fees 8,501 8,501 12,100 $ 2, % Total $6,774,164 $6,728,029 $ 7,047,256 $ 319, % Beginning Fund Balance $ - $ - $ - Ending Fund Balance $ - $ - $ - Audited Audited Budget Expenditures by Function Difference % Change Instruction $5,175,021 $5,320,266 $ 5,484,321 $ 164, % Pupil Services 751, , ,855 $ 68, % Instructional Staff Services 274, , ,335 $ 14, % Otr Support Services 193, , ,645 $ 11, % Tuition Payments 378, , ,100 $ 60, % Total $6,774,164 $6,728,029 $ 7,047,256 $ 319, % 34

35 Fund 27-Revenues and Other Financing Sources 35

36 Expenditures and Other Financing Uses by Object Budget 36

37 Title IV Native Education Grant (Fund 29) This is a Federal grant to assist Native American students. The grant provides tutoring and guidance services for Native American students. Revenues & Other Financing Sources Audited Audited Audited Difference % Change Federal Grant 28,427 26,767 23,879 $ (888) -3.6% Total $ 28,427 $ 26,767 $ 23,879 $ (888) -3.6% Expenditures & Other Financing Uses Audited Audited Audited Difference % Change Salaries $ 22,504 $ 19,996 $ 18,946 $ (1,050) -5.3% Fringe Benefits 4,084 3,748 3,794 $ % Purchased Services $ % Non-capital Object 1, $ (132) -25.3% Total $ 28,043 $ 24,767 $ 23,879 $ (888) -3.6% Beginning Fund Balance $ - $ - $ - Ending Fund Balance $ - $ - $ - Expenditures by Function Audited Audited Audited Difference % Change Pupil Services $ 28,048 $ 24,465 $ 23,379 $ (1,086) -4.4% Staff Development $ % Total $ 28,427 $ 24,767 $ 23,879 $ (888) -3.6% 37

38 Debt Service Funds (Funds 38 and 39) The Debt Service Funds are use to account for payments of interest and principal paid on long-term debt. There are two Debt Service Funds- Fund 38 and Fund 39 Fund 38 is used to account for the repayment of debt that was not approved by referendum. Fund 38 is used to account for the repayment of bonds that were issued in September, 2014 for renovation projects at Glenbrook Elementary, bonds that were issued in March, 2016 for Phase I of the Field of Dreams project (100% of the FOD debt payments are made with donations not tax dollars, and bonds that were issued in July 2017 for the Energy Efficiency Act 32 projects.. The property tax levy that is needed to make the Fund 38 debt payments for the Glenbrook bonds reduces the amount of revenue available for General Fund expenditures under the state revenue limit. For , the General Fund property tax levy has been reduced by the $328,950 tax levy that will be required for Fund 38 debt payments. Fund 39 is used to account for repayment of debt that was approved by referendum. Property taxes are levied in the amount needed to make the principal and interest payments. For that amount is $ 1,341,799. Debt Service Fund Bond premium $ 15,792 Property Tax Levy $ 331,000 $ 328,200 $ 557,189 Other 189,551 $ 787, ,400 Total $ 520,551 $ 1,116,086 $ 863,589 Expenditures & Other Financing Uses Interest Payments $ 52,400 $ 106,057 $ 227,657 Principal Payment 280, , ,000 Total $ 332,400 $ 681,057 $ 767,657 Beginning Fund Balance $ 7,289 $ 5,889 $ 440,918 Ending Fund Balance $ 5,889 $ 440,918 $ 536,850 Debt Service Fund % Change Property Tax Levy $ 1,613,079 $ 1,639,241 $ 1341, % Other revenue from bond sale $ - $ - $ - Investment Income % Total $ 1,639,341 $ 1,639,479 $ 1,341, % Expenditures & Other Financing Uses % Change Bond Principal 1,440,000 1,500,000 1,235, % Bond Interest 188, , , % Other cost- refinancing Total $ 1,628,916 $ 1,657,241 $ 1,356, % Beginning Fund Balance $ 88,416 $ 72,887 $ 55,125 Ending Fund Balance $ 72,887 $ 55,125 $ 40,792 38

39 DISTRICT DEBT STRUCTURE LONG-TERM GENERAL OBLIGATION DEBT Original Amount Interest Rates Due Serially To Principal Outstanding as of 06/30/2017 G.O. Bonds $10,745, %-2.45% 3/1/2018 $930,000 G.O. Bonds $4,370, %-3.125% 3/1/2028 $4,070,000 G.O. Bonds $2,700, %-2.5% 3/1/2024 $2,420,000 G.O. Bonds $2,800, % % 3/1/2026 $2,505,000 $9,925,000 Total Debt Service Year Due Principal Interest Total Payments 2017 $ 2,075, $ 242, $ 2,317, ,775, , ,205, ,725, , ,092, ,755, , ,087, ,795, , ,092, ,830, , ,090, ,885, , ,094, ,935, , ,089, ,650, , ,760, ,690, , ,760, ,420, , ,451, , , , $19,930, $2,513, $ 22,443,

40 CAPITAL PROJECTS FUNDS Fund 41 is appropriated for building maintenance/remodeling projects. The General Fund property levy was reduced by $265,000 to establish a Fund 41 Capital Expansion Fund as allowed by D.P.I. This money may only be used for maintenance and remodeling of buildings or sites, and may not be transferred back to the General Fund. Fund 41 is used primarily for parking lot and roof maintenance and flooring replacements. Fund 49 is a required fund designated by D.P.I. to record capital equipment purchases and capital maintenance projects that are financed with debt. The Board of Education approved the issuance of $2.8 million general obligation bonds in March 2016 for constructing and equipping new outdoor athletic facilities. Payments will be funded through donations to the Field of Dreams. In June of 2017 the Board of Education approved Act 32 Energy Efficiency projects and the issuance of $8.5 million of general obligation bonds. Payments are funded with tax levy dollars minus the amount of energy cost savings guaranteed by H&H the performance contractor. Audited Audited Budget Capital Expansion-Fund Property Tax Levy $ 265,000 $ 265,000 $ 265,000 Total $ 265,000 $ 265,000 $ 265,000 Expenditures & Other Financing Uses Maintenance Services $ 199,918 $ 330,082 $ 265,000 Total $ 199,918 $ 330,082 $ 265,000 Beginning Fund Balance $ - $ 65,082 $ - Ending Fund Balance $ 65,082 $ - $ - Audited Audited Budget Financed Capital Projects - Fund Interest income $ 1,784 $ 727 $ - Gifts 389,785 $ Financing revenue 2,800,000 8,500,000 Total $ 3,191,569 $727 $ 8,500,000 Expenditures & Other Financing Uses Energy Efficiency Projects $3,740,000 Athletic Complex 1,530,525 1,650,130 Maintenance Referendum 115,809 Glenbrook Remodel 1,208,529 Total $ 2,854,863 $1,650,130 $ 3,740,000 Beginning Fund Balance $ 2,187,057 $1,660,887 $ 11,484 Ending Fund Balance $ 1,660,887 $ 11,484 $ 4,771,484 40

41 FOOD SERVICE FUND The Food Service Fund is used to account for revenues and expenditures and associated with providing nutritious meals for students. The District offers full meal preparation centers at all school buildings. The District participates in the Federal School Breakfast and Federal School Lunch programs. Lunch is offered at all buildings and breakfast is offered at Fairview Elementary, Glenbrook Elementary, Hillcrest Elementary, Sunnyside Elementary, Pulaski Community Middle School and Pulaski High School. The Federal program sets the nutrition guidelines for school breakfast and lunch programs, and subsidizes lunches for low- income families. Meals are offered at either a free or reduced rate for lunch and free breakfast for students that meet family income guidelines. Federal aid (both monetary and donated commodities) makes up 321% of the budgeted revenues for The District receives federal commodities to subsidize the lunch program. The value of the commodities expected to be received by the district is 7% of the budget. Meal prices for are as follows: Elementary Middle School High School Breakfast $1.50 $1.60 $1.60 Lunch $2.65 $2.90 $3.05 The District also offers a la carte meal options at the middle and high schools. Since , parents have been able to make online credit card payments to family food service accounts and review their children s food service purchases through Skyward Family Access. Beginning in the summer of 2017 the District has been approved to participate in a summer meal program that offers free meals (breakfast and lunch) to children ages 18 and below. 41

42 Food Services Audited Audited Budget Revenues & Other Financing Sources Difference % Change Transfer from general Fund 29,651 $ - Sales 1,056,332 1,090,448 1,083,352 $ (7,096) -0.7% State Aid 24,932 23,318 23,850 $ % Federal Aid 419, , ,557 $ 69, % Federal Commodities 102, , ,645 $ 8, % Local grant - $ - Equipment Sales $ % Total $ 1,632,656 $ 1,688,214 $ 1,750,404 $ 62, % Audited Audited Budget Expenditures & Other Financing Uses Difference % Change Salaries $ 520,944 $ 514,105 $ 562,272 $ 48, % Fringe Benefits 237, , ,648 $ 42, % Purchased Services 21,282 15,816 15,350 $ (466) -2.9% Non-capital Object 849, , ,034 $ 13, % Equipment - - $ - Dues & Fees 3,781 4,014 4,100 $ % Total $ 1,632,683 $ 1,646,197 $ 1,750,404 $ 104, % Beginning Fund Balance $ 16,858 $ 16,831 $ 58,848 Ending Fund Balance $ 16,831 $ 58,848 $ 58,848 42

43 Food Service Revenues Food Service Expenditures 43