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2025-26 Cooperative Education Fund Budget
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OTTAWA AREA INTERMEDIATE SCHOOL DISTRICT

COOPERATIVE EDUCATION FUND

GENERAL APPROPRIATIONS ACT

RESOLUTION FOR ADOPTION BY THE BOARD OF EDUCATION

OF THE OTTAWA AREA INTERMEDIATE SCHOOL DISTRICT

RESOLVED, that this resolution shall be the general appropriations act of the Ottawa Area Intermediate School District for the fiscal year July 1, 2025-June 30, 2026; AN ACT to make appropriations; to provide for the expenditures of the appropriations; and to provide for the disposition of all income received by the Ottawa Area Intermediate School District.

BE IT FURTHER RESOLVED, that the total revenues and unappropriated fund balance estimated to be available for appropriations in the cooperative education fund of the Ottawa Area Intermediate School District for the fiscal year July 1, 2025-June 30, 2026, is as follows:

Revenue Type

Amount

Local

943,328

State

541,223

Federal

0

Incoming Transfers & Other Transactions

9,685,698

Total Revenue

11,170,249

Estimated Fund Balance July 1, 2025

1,162,792

TOTAL AVAILABLE TO APPROPRIATE

12,333,041

BE IT FURTHER RESOLVED, that $11,272,898 of the total available to appropriate in the cooperative education fund is hereby appropriated in the amounts and for the purposes set forth below:

Expenditure Type

Amount

Support Services-Pupil Support

0

Support Services-Instructional Staff

331,448

Support Services-Business Services

1,887,717

Support Services-Central Support Services

6,891,384

Support Services-Other Support Services

1,912,000

Support Services-Community Activities

182,626

Outgoinging Transfers and Other Transactions

67,723

TOTAL APPROPRIATED

11,272,898

Estimated Fund Balance June 30, 2026

1,060,143

FURTHER RESOLVED, that no Board member or employee of the school district shall expend any funds or obligate the expenditure of any funds except pursuant to appropriations made by the Board of Education and in keeping with the budgetary policy statement hitherto adopted by the Board.  Changes in the amount appropriated by the Board shall require approval by the Board.

BE IT FURTHER RESOLVED, that the Superintendent is hereby charged with general supervision of the execution of the budget adopted by the Board and shall hold the department heads responsible for performance of their responsibilities within the amounts appropriated by the Board of Education and in keeping with the budgetary policy statement hitherto adopted by the Board.

BE IT FURTHER RESOLVED, that, for purposes of meeting emergency needs of the school district, changes in appropriations may be made upon the written authorization of the Superintendent.  When the Superintendent makes a change in appropriations as permitted by this resolution, such change shall be presented to the Board of Education in the form of an appropriations act amendment, which shall be adopted by the Board of Education at a regularly scheduled meeting.

This act is to take effect on July 1, 2025.