ABFGHIJKLMNOPQRSTUVWXYZAAABACAD
1
Parent and Teachers Association of P.S. 116, Inc.
2
APPROVED BUDGET - 2026-2027 School Year
3
ACTUALSACTUALSAPPROVEDNotes
4
2024-20252025-20262026-2027
5
Revenue
6
Fundraising
7
Direct Appeal - annual funds$27,196.00$26,840.22$25,000.00
8
Spring Benefit & Auction$45,912.98$43,327.40$40,000.00
9
Murray Hill Market @ PS 116$8,165.00$2,000.00$5,000.00
10
Corporate Sponsor & Int. Fundraiser
$3,760.40$4,200.00$4,000.00
11
Events
12
Grown Ups Night Out$0.00$0.00$600.00small fee to attend ($15/person)
13
Photo Day$1,500.89$1,200.00$1,200.00Irvin Simon provides % of sales to school
14
Read-A-Thon$15,211.25$10,979.92$11,000.00
15
Book Fair$7,093.36$3,469.00$3,600.00slight increase to 26-27 to meet expenses
16
Halloween Bash$2,757.80$3,628.90$2,500.00raise ticket prices; add raffle for more fundraising potential
18
Movie Nights$548.00$541.16$450.00
19
Talent Show (NEW)$450.00nominal entry fee ($5)
20
Winter Festival - not doing$1,362.13$746.73$0.00no Winter Festival 2026-2027
21
Spring Fair - not doing$5,766.03$5,000.00$0.00no Spring Fair 2026-2027, replace with Talent Show
22
Election Day Bake Sales$1,451.80$1,657.00$1,500.00
23
School Store$466.52$1,200.00$1,200.00
24
Yearbook$2,845.62$0.00$0.00No income stream via ads, but no cash outlay on front end
25
5th Grade$235.11$0.00formerly "5th Grade Income"
26
Interest Income$11,888.14$7,470.25$5,000.00CD interest return
27
PS116 Kids Afterschool$37,404.16$0.00$0.00plan for no profit again for 26-27
28
Total Revenue173,565.19$112,260.58$101,500.00
29
30
Expenses
31
Fundraising
32
Spring Benefit & Auction $12,853.37$25,444.98$17,000.00actuals in 2025-2026 include credit card fees from 2025
33
Events
34
Back to School Event$511.47$492.17$500.00
35
Read-A-Thon$1,285.29$1,200.00$500.00rethinking prizes for 2026-2027 to reduce costs but maintain same recognition
36
Book Fair$10,266.18$3,592.56$3,600.0026-27 based on 25-26 actuals; payment back to Scholastic for cash received for books sold
37
Halloween Bash$6,926.97$4,189.84$3,850.00uncertain about Gate Hill future sponsorship- projection based on utilizing current Spring Fair vendors
38
Talent Show$450.00
39
Winter Festival - not doing$1,812.97$1,924.78$0.00no Winter Festival in 26-27
40
Grown Ups' Nights Out$2,030.63$2,011.76$1,500.001 event in Fall; reduce budget
41
Spring Fair - not doing$13,651.60$9,000.00$0.00Proposing a pause to Spring Fair for 2026-2027
42
Pot Luck$476.03$520.59$500.00
43
Movie Night$475.36$581.32$500.00
44
Murray Hill Market @ PS116$670.00$630.00$700.00permit fee
45
Yearbook $3,085.35$1,244.00$1,250.00purchase of 5th grade yearbooks
46
School Store$690.00$3,152.28$0.00plan to sell existing inventory in 26-27
47
Enrichment Programs
48
STEAM$54,979.50$53,514.50$0.00 Dance Programs being supported by Roll Over Funds from Previous PTA funds transfered to the school. ($50,000+ not visable on this budget)
50
Author Visits$6,635.69$0.00$0.00no plans for Author Visits in 26-27
51
Classroom Needs
52
Back to School Supplies$8,420.29$5,381.53$2,500.00school made purchases in Spring 2026, decreasing needs for Sept 2026
53
Class Room Supplies Stipend$15,147.49$7,500.00$16,400.00proposing decrease to $600 per classroom (25 classrooms), $200 for 7 full-time related service providers/literacy coach/SETSS
54
Supplies - Specialty Classroom$3,355.00$3,570.93$2,500.005 Specialty Teachers at $500/each (in 25-26 we budged for 6 teachers)
55
Field Trip Expenses$8,455.45$12,533.84$11,750.00Philadelphia and PEEC buses, plus contingency for emergency field trip needs
56
School Needs - Personnel, Equipment, PD, etc
57
School Office Supplies$108.44$35.28$0.00No need for PTA support in 26-27
58
Non Classroom Student Support$1,633.97$0.00$0.00No need for PTA support in 26-27
59
Ed./Professional Dev. Resources$1,754.49$0.00$1,500.00reduced for unanticipated emergency needs
60
Riso Copier Machine$1,164.00$702.00$0.00Team116 to absorb going forward
61
Teacher Development4,875.00$3,080.00$4,000.00stress reduction services for Team116
62
Furniture & Equipment3,013.26$5,111.08$1,000.00
63
Teaching Asst Program0.00$0.00$0.00No need for PTA support in 26-27
64
Recess Assistant Program16,252.90$21,000.00$10,500.00reduce to 1 person
65
Garden Maintenance$4,197.00$5,000.00$5,000.00
66
5th Grade Activities/Graduation$10,706.16$8,570.00$6,500.00shifting from sweatshirts to tshirts for 26-27, allocation for grad party; PEEC moved to Field Trips
67
PTA Operating Exp$277.53$77.43$300.00
68
Merchant fee$499.00$499.00$499.00Amazon Business Prime subscription
69
Hospitality$3,685.67$4,000.00$4,000.002 Teacher Appreciation lunches, Welcome coffee for PreK/K, Teacher Appreciation Week
70
Legal & Professional Fees$2,500.00$2,600.00$2,600.00
71
Insurance$889.78$889.62$900.00
72
Quickbook Fees$843.80$1,000.00$1,000.00
73
Technology Fees$1,342.60$250.00$0.00use DOE zoom account going forward
74
Capital Project$9,030.00$9,030.00$0.0024-25 actuals for Cafeteria Mural (split across fiscal years); 26-27 mural to use rollover fnds
75
Total Expenditures$214,502.24$198,329.49$101,299.00
76
77
Excess Revenue over Expenses-$40,937.05-$86,068.91$201.00
78
Draw from Cash Reserves$40,937.05$86,068.91
79
Net Revenue over Expenses$0.00$0.00$201.00
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102