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Budget Summary
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Charter School Name: Cresthaven Academy Charter School
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Renewal - FY25-FY30
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FY Year:FY Year:FY Year:FY Year:FY Year:FY Year:
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Line
2024-2025
2025-2026
2026-2027
2027-2028
2028-2029
2029-2030
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1Enrollments
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2 District of Residence 657 661 661 661 661 661
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3 Non-Resident District14 14 14 14 14 14
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4Total Enrollments671 675 675 675 675 675
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6Beginning Fund Balance - FY246,137,239 6,137,239 6,026,106 5,627,000 4,825,275 3,605,632
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8Revenues
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9General Fund
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11Equalization/Local Levy Aid - Local Share 1,169,748 1,176,721 1,176,721 1,176,721 1,176,721 1,176,721
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12Equalization/Local Levy Aid - State Share 10,095,155 10,155,335 10,155,335 10,155,335 10,155,335 10,155,335
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Total Equalization/Local Levy Aid (Lines 11,12)
11,264,903 11,332,056 11,332,056 11,332,056 11,332,056 11,332,056
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14Categorical Aid
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15Categorical Special Education Aid 526,008 529,144 529,144 529,144 529,144 529,144
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16Categorical Security Aid254,587 256,105 256,105 256,105 256,105 256,105
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17 Total Categorical Aid (Lines 15 and 16)780,595 785,248 785,248 785,248 785,248 785,248
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18Other State Revenue
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19First Year Nonpublic Student Aid
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20Adjustment Aid------
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21Other State Revenue
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22Total Other State Aid (Lines 19 through 21)------
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23Other Revenue------
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24Total General Fund (Lines 13, 17, 22, 23)12,045,498 12,117,304 12,117,304 12,117,304 12,117,304 12,117,304
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25Restricted - Special Revenue Fund
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26Revenue from State Sources:
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27 Source: Digital Divide------
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28 Other: CRF------
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29Total State Projects (Lines 27, 28):------
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30Revenue from Federal Sources:
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31 Source: ESEA308,017 308,017 308,017 308,017 308,017 308,017
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32 Other: IDEA126,964 126,964 126,964 126,964 126,964 126,964
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33Total Federal Projects (Lines 31, 32):434,981 434,981 434,981 434,981 434,981 434,981
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34Revenues from Other Restricted Sources
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35 Source: E-Rate------
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36 Source: ------
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37 Other:
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38Total Other Sources (Lines 35, 36, 37):------
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39Total Special Revenue Fund (Lines 29, 33, 38)434,981 434,981 434,981 434,981 434,981 434,981
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40Total Revenues (Lines 24,39)12,480,479 12,552,285 12,552,285 12,552,285 12,552,285 12,552,285
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41Expenditures-General Fund
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42Instruction
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43 Salaries of Teachers3,983,220 4,102,718 4,225,800 4,352,575 4,483,152 4,617,647
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44 Other Salaries for Instruction200,000 206,000 212,180 218,545 225,101 231,854
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45 Purchased Professional/Technical Services680,381 700,792 721,816 743,470 765,774 788,747
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46 Other Purchased Services60,000 61,800 63,654 65,564 67,531 69,557
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47 General Supplies641,000 500,000 400,000 400,000 400,000 400,000
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48 Textbooks80,000 80,000 80,000 80,000 80,000 80,000
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49 Miscellaneous Expense100,000 100,000 100,000 100,000 100,000 100,000
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50Total Instructional Expense5,744,601 5,751,310 5,803,450 5,960,154 6,121,558 6,287,805
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51Administrative
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52 Salaries - Administration1,498,420 1,543,374 1,589,675 1,637,365 1,686,486 1,737,081
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53 Salaries of Secretarial/Clerical Assistants169,000 174,070 179,292 184,671 190,211 195,917
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54 Total Benefit Costs1,497,326 1,582,446 1,672,935 1,769,148 1,871,470 1,980,308
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55 Purch. Professional/Tech.Serv.(Consultants)------
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55.1 Legal costs50,000 51,500 53,045 54,636 56,275 57,963
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55.2
Other Purch. Professional/Tech Serv. (Consultants)
429,844 442,739 456,022 469,703 483,794 498,308
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56 Other Purchased Services17,500 18,025 18,566 19,123 19,697 20,288
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57 Communications/Telephone15,000 15,450 15,914 16,391 16,883 17,389
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58 Supplies and Materials53,000 54,590 56,229 57,916 59,654 61,443
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59 Judgments Against Charter Schools------
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60 Interest on Current Loans------
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61 Interest for Lease Purchase Agreements------
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62 Mortgage Payments-Interest------
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63 Miscellaneous Expense60,000 61,800 63,654 65,564 67,531 69,557
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64Total Administrative Expense3,790,090 3,943,994 4,105,332 4,274,517 4,452,001 4,638,254
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65Support Services
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66 Salaries928,294 956,144 984,828 1,014,373 1,044,804 1,076,149
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67 Purch. Professional/Tech. Serv.(Consultants)175,000 180,250 185,658 191,228 196,965 202,874
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68 Other Purchased Services155,000 159,650 164,440 169,373 174,454 179,688
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69 Rental of Land and Buildings898,714 925,675 953,445 982,048 1,011,509 1,041,854
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70 Insurance for property, liability and fidelity65,000 66,950 68,959 71,028 73,159 75,354
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71 Supplies and Materials103,000 106,090 109,273 112,552 115,929 119,406
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72 Transportation - Other than to/from school------
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73 Reserved for future use------
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74 Energy Costs (Heat and Electricity)85,800 88,374 91,025 93,756 96,569 99,466
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75 Miscellaneous Expense------
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76Total Support Services Expense2,410,808 2,483,133 2,557,628 2,634,358 2,713,389 2,794,791
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77Capital Outlay
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78 Instructional Equipment100,000 50,000 50,000 50,000 50,000 50,000
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79 Noninstructional Equipment------
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80 Purchase of Land/Improvements------
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81 Lease Purchase Agreements-Principal------
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82 Mortgage Payments-Principal------
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83 Building Purchase other than Lease Purchase------
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84 Miscellaneous Expense------
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85Total Capital Outlay100,000 50,000 50,000 50,000 50,000 50,000
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86Total General Fund (Lines 50, 64, 76, 85)12,045,498 12,228,437 12,516,410 12,919,029 13,336,948 13,770,850
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87Expenditures-Special Revenue Fund
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88Restricted /Special Revenues Programs
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90State Projects:
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91 Source: Digital Divide------
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92 Other: CRF------