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FY27 July Financial Report

Presented on September 14, 2026

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FY27 Forecast Summary & Revenue

Federal Revenue is claimed through Jefferson Parish Semi-annually.

Revenue Comparison

FY27 Actual Revenue

Revenue Remaining

FY27 Actual Expenses

Expense Remaining

Actual Ending Fund Balance

FY27 Actual Surplus

$642,644

$8,114,625

$619,063

$8,445,082

$6,179,141

$23,581

7.3%

92.7%

6.8%

93.2%

68.2%

3.7%

Revenue Category

FY27 Budget

FY27 Actual

Amount Remaining

% Remaining

Base Funding

$7,608,991

$634,633

$6,974,358

91.7%

Local Revenue

$159,890

$8,011

$151,879

95.0%

State Revenue

$0

$0

$0

n/a

Food Service Revenue

$418,941

$0

$418,941

100.0%

Federal Revenue

$569,447

$0

$569,447

100.0%

Total Revenue

$8,757,268

$642,644

$8,114,624

92.7%

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Personnel Expenses

  • As of July it is expected that 91$ of personnel expenses are remaining for the year.
  • Actual expenses are above expected rates and should be monitored going forward.

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Other than Personnel Expenses

  • July YTD spending of $444K is 13% of the annual forecast, weighted toward curriculum, insurance, and professional development.
  • Transportation and food service costs begin in August with the start of the school year.

Category

Annual Forecast

July YTD Actual

Remaining

% Rem.

Academic

​

​

​

​

Curriculum

$57,443

$54,379

$3,064

5%

Educational Supplies

$140,050

$15,319

$124,731

89%

Transportation

$515,250

$0

$515,250

100%

SPED Consultants

$264,646

$0

$264,646

100%

Other Academic

$198,623

$105,189

$93,434

47%

Academic Subtotal

$1,176,012

$174,887

$1,001,125

85%

Culture

​

​

​

​

Student & Family Activities

$85,000

$7,281

$77,719

91%

Teacher & Staff Recruiting

$17,650

$108

$17,542

99%

Extracurricular

$40,000

$567

$39,433

99%

Health Consultants

$3,000

$0

$3,000

100%

Culture Subtotal

$145,650

$7,956

$137,694

95%

Operations

​

​

​

​

Custodial & Maintenance

$448,500

$85,194

$363,306

81%

Insurance

$228,959

$87,705

$141,254

62%

Food Service

$395,784

$5,144

$390,640

99%

Finance & Tech. Consultants

$340,000

$8,473

$331,527

98%

Other Operations

$402,351

$57,761

$344,590

86%

Operations Subtotal

$1,815,594

$244,277

$1,571,317

87%

Depreciation

$297,700

$16,723

$280,977

94%

Total OTP

$3,434,956

$443,844

$2,991,112

87%

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JPS Charter School Performance Compact