ABIJKLMNSTUVWXYZ
4
5/19/25
5
FY25
Estimated 6/30/2025
PercentageNotes$ DifferencePercent ChangeNotesFY 26
6
Annual BudgetYear EndProjected Budgetvs Project Actuals% Change
7
8
Revenue
9
10
Government Revenue
11
Federal Grants (Title Funds, LE, ML Hardship)
220,000330,144.11150.07%Title I, Title II, Title IV, PSH, LE Funds, MOLI Funds-$110,14450.07%$220,000-$110,144-50%
12
Local Grants40,00017,000.0042.50%pending receipt on the Charter Commission grant $10k, waiting to hear back on a couple of other grants as well$23,000-57.50%$20,000$3,00015%
13
EPS Carryover00$0$0$0#DIV/0!
14
State Subsidy4,662,4414,662,441.84100.00%$387,462-7.67%$5,049,904$387,4628%
15
Total4,922,4415,009,585.95101.77%$300,318-5.66%$5,289,904$280,3185%
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17
Student Contributions
18
Student Lunch Fees35,00034,040.3497.26%Varies depending on family contributions$960-2.74%
Lunches will be based on more students (est. 390); 50 students Free/Reduced; 80% payment
$35,000$9603%
19
Technology Fees28,00026,669.9495.25%Varies depending on family contributions-$2,95812.47%
will be based on more students (est. 390); estimating 20% of students Free/Reduced; 80% payment
$23,712-$2,958-12%
20
Student Parking3,00000.00%$0$0$0#DIV/0!
21
Other Student Fees45,00039,236.8787.19%Senior fundraising, sale of prom tickets, activity fees-$5,23715.40%
activity fees, senior fundraising, prom tickets, cap gown, field trip fees
$40,000$7632%
22
Total111,00099,947.1590.04%-$7,2357.80%$98,712-$1,235-1%
23
$0
24
Other Revenue$0
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Interest Income9,9003,170.8832.03%Interest from bank account ranges from $200-$300/mo$429-11.92%
we may be able to look into HYS options
$3,600$42912%
26
Other Income22,00047,105.00214.11%Reimbursement from other sources (ex. subs), school store purchases, csone payment-$11,10530.85%
Port Property Refund goes here
$40,000-$7,105-18%
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Donations90,00087,884.7697.65%$2,115-2.35%$90,000$2,1152%
28
Total121,900138,286.64113.44%-$8,6876.70%$133,600-$4,687-4%
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Total Revenue5,155,3415,247,819.74101.79%$284,396-5.14%$5,522,216$274,3965%
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Expenses
33
Personnel Expenses
34
Wages
35
Salaries2,535,4972,637,637.55104.03%Also affected by summer accrual month entries-- Paternity leave; D.L earlier this year$180,888-6.42%
(note that this includes an interpreter on staff who has been moved from student services.)
$2,818,525$180,8886%
36
Teacher Stipends25,00036,355.00145.42%-$16,35581.78%$20,000-$16,355-82%
37
Substitutes35,00059,454.76169.87%Typically need 2-3 subs (Mon-Thurs), plus an Ed Tech (estimated about $5k per month) (varies depending on need)$545-0.91%
budget for the 80% instructional staff to take 13 days
$60,000$5451%
38
Tutoring4,5001,428.0031.73%Varies greatly depending on need$1,072-42.88%$2,500$1,07243%
39
Unemployment00$0$0$0#DIV/0!
41
Total2,599,9972,734,875.31105.19%$166,150-5.73%$2,886,025$151,1505%
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43
Benefits
44
Payroll Taxes54,58077,216.21141.47%Includes payroll taxes and unemployment tax for all employees-$2160.28%$77,000-$2160%
45
Employee Insurance287,816320,587.87111.39%Includes health insurance, dental insurance and workers comp.$39,412-10.95%
includes workers comp, based off our current rates
$333,045$12,4574%
46
Retirement236,777241,073.54101.81%MePERS$8,926-3.57%$281,301$40,22714%
47
Professional Development35,00018,475.3252.79%Varies greatly depending on PD requests, staff travel expenses$16,525-47.21%$35,000$16,52547%
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PFMLA Surcharge6,3397,416.13116.99%Started in January$7,647-50.77%
We may be exempt until 5.1.26 if we get on a private plan
$13,000$5,58443%
49
Total620,512664,769.07107.13%$72,294-9.81%$739,346$74,57710%
50
$0
51
Total3,220,5093,399,644.38105.56%$238,444-6.55%$3,625,371$225,7266%
52
53
Non-Personnel Student Expenses
54
Supplies
55
Instructional Supplies35,00039,292.04112.26%Includes all department supply budgets-$19,29296.46%
add 2k for SPED supplies
$30,000-$9,292-31%
56
Hardware25,00067,725.41270.90%See note in column AB$275-0.40%
prepaid expenses hit this line (no grant this year for computers)
$50,000-$17,725-35%
then increase tech fees on frosh?
57
Software48,50048,076.1199.13%See note in column AB$1,924-3.85%
prepaid expenses hit this line
$50,000$1,9244%
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Total108,500147,817.71136.24%-$9,8187.11%$130,000-$17,818-14%
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60
Dues and Fees
61
Student Activity Fees15,00033,531.26223.54%MOLI expenses in this line, Robotics-$18,531123.54%
Inflated by 10k Robotics/MOLI -- Can we charge fees for the Robotics program to off set this cost?
$18,000-$15,531-86%
62
Dues and Fees2,0003,942.92197.15%Membership to Ruth's, US Chess Federation fees, MECA Scholastics Art Awards, NCTM Conference$57-1.43%$4,000$571%
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Total17,00037,474.18220.44%-$18,47497.23%$22,000-$15,474-70%
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Contracted Services
66
Psychological Services24,00026,847.30111.86%$3,153-10.51%$30,000$3,15311%
67
Speech Pathology60,00031,536.3252.56%$464-1.45%
estimating about the same as FY 25
$32,000$4641%
68
Other Contracted Services118,000108,247.7591.74%Interpreter-$45,24871.82%interpreter$63,000-$45,248-72%
any incoming students that might affect this, Parks?
69
Honoraria00$0$0$0#DIV/0!
70
Student Assessment Costs4,7504,000.0084.21%FY 24 student assessment costs was $4k, is this still trending the same way?$750-15.79%$4,750$75016%
71
Total206,750170,631.3782.53%-$40,88131.51%$129,750-$40,881-32%
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73
Student Health
74
Nursing20,00016,913.2584.57%Avel eCare $16,200/yr plus costs for Gabe$1,087-6.04%
Avel + Gabe's services
$18,000$1,0876%
75
Health Supplies1,5001,130.4175.36%Health supplies (bandages, ice packs, hot packs, meds, etc.)$370-24.64%$1,500$37025%
76
Total21,50018,043.6683.92%$1,456-7.47%$19,500$1,4567%
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Total353,750373,966.92105.72%-$67,71722.11%$301,250-$72,717-24%
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80
Student Transportation
81
Student Commuting Expense
82
Bus Service378,000378,178.20100.05%Luce busing, ez pass fees and fuel for bus/van$1,822-0.48%
(depends on if we need another bus)
$380,000$1,8220%
83
Other Student Commuting Costs22,00015,996.8072.71%Casco bay lines, Chebeague transporation, Metro$6,003-27.29%$22,000$6,00327%
84
Baxter Van9,50027,847.07293.13%Van payment, Down payment prepaid monthly expense-$14,647110.96%$13,200-$14,647-111%
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Total409,500422,022.07103.06%-$6,8221.64%$415,200-$6,822-2%
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87
Educational Transportation Costs
88
Co-Curricular15,5002,578.2516.63%Additional Luce busing, field trip transportation$4,422-63.17%
(whole class to Wells, etc.)
$7,000$4,42263%
89
Extra-Curricular2,0003,524.27176.21%MOLI Expenses for transporation-$3,524$4,000$47612%
90
Total17,5006,102.5234.87%$897-12.82%$11,000$4,89745%
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92
Student Support
93
Purchased School Lunches50,00052,749.27105.50%Portland Pie, Two Fat Cats, Leavitt, Tallys, Flores$2,251-4.09%$55,000$2,2514%
94
Student Parking076$24$100$2424%
95
Food and Catering2,5003,017.99120.72%-$180.60%
(admissions, all school, ambassadors)
$4,000$98225%
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Total52,50055,843.26106.37%$2,257-3.88%$59,100$3,2576%
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98
Total479,500483,967.85100.93%-$3,6680.76%$485,300$1,3320%
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100
Facillities and Operations
101
Facilities Expense
102
Rent362,166354,705.5797.94%Port Property$12,690-3.45%
2% increase as per our contract
$367,396$12,6903%
103
Interest Expense160,922105,343.7065.46%NFF Loan$11,656-9.96%$117,000$11,65610%
104
Custodial67,00059,129.8688.25%A.P Salary, Cintas, Odorite, any custodial supplies$870-1.45%
Custodial supplies, custodial contracted service, and cost of waxing the floors in summer
$74,000$14,87020%
casco bay cleaning