����2024-2025 �Budget Hearing�

Board of Education Meeting - September 10, 2024

Overview of Revenues

2

Revenues are derived from four sources:

​

• Local – Taxes, Payments in Lieu of Taxes (CPPRT), Tuition, Fees, Earnings on Investments, Food Service, Activities, Other

​

• State – Evidence Based Funding or Categorical Aid

​

• Federal – Restricted Grants (ie: Title, IDEA)

​

• Other – Intergovernmental Agreements, Rental Income, transfers

All Funds Revenue by Source

3

Overview of Expenditures

4

• Expenditures are classified into objects:
• Salaries
• Benefits
• Purchased Services 
• Supplies
• Capital Outlay
• Other Objects (including Debt and Tuition Payments)
• Transfers
• Termination Benefits

​

• Allocated to Funds and Objects based on accounting standards

�

All Fund Expenditures: �By Object

5

Staffing FTE

6

2019-2020

• Admin = 21.80
• Teachers = 151.60
• TAs/ESPs = 124.15

Total = 297.55

2020-2021

• Admin = 19.60
• Teachers = 155.20
• TAs/ESPs = 126.33

Total = 301.13

2021-2022

• Admin = 19.40
• Teachers = 153.70
• TAs/ESPs = 126.24

Total = 299.34

2022-2023

• Admin = 18.20
• Teachers = 156.70
• TAs/ESPs = 141.46

Total = 316.36

2023-2024

• Admin = 18.20
• Teachers = 149.40
• TAs/ESPs = 139.13

Total = 306.73

2024-2025

• Admin = 18.40
• Teachers = 152.40
• TAs/ESPs = 137.30

Total = 308.10

Budget Highlights

​

$105.7 Million Referendum

7

All Funds Budget Summary��By Fund

8

Budget Summary��By Fund

(Excluding Fund 60)

9

Questions?

10

For further information please visit the district website

​

Financial Information & Contracts