Budget Summary 2022-23.xlsx

	A	B	C	D
1				Budget Summary 2022-23
2	Contact: Lisa Anderson, Business Manager	Telephone: 503-876-1502		Email: lisa.anderson@willamina.k12.or.us
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4	FINANCIAL SUMMARY - RESOURCES	Adopted Budget This Year 2021-22	Adopted Budget This Year 2022-23	Approved Budget Next Year 2023-24
5	Beginning Fund Balance	$4,161,253	$4,458,262	$5,410,606
6	Current Year Property Taxes, other than Local Option Taxes	2,279,455	2,500,650	2,655,000
7	Current Year Local Option Property Taxes	-	-	-
8	Other Revenue from Local Sources	1,129,222	1,040,532	1,221,920
9	Revenue from Intermediate Sources	160,200	202,775	175,000
10	Revenue from State Sources	8,430,192	9,341,811	9,872,999
11	Revenue from Federal Sources	2,457,559	2,978,271	2,145,192
12	Interfund Transfers	252,510	275,000	300,000
13	All Other Budget Resources	-	-	-
14	Total Resources of ALL FUNDS	$18,870,391	$20,797,301	$21,780,717
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16	FINANCIAL SUMMARY - REQUIREMENTS BY OBJECT CLASSIFICATION	Adopted Budget Last Year 2020-21	Adopted Budget This Year 2021-22	Approved Budget Next Year 2022-23
17	Salaries	$6,186,307	$6,875,150	$7,969,895
18	Other Associated Payroll Costs	4,287,826	4,592,121	4,438,478
19	Purchased Services	2,030,148	1,828,253	2,087,143
20	Supplies & Materials	1,816,954	1,830,244	1,731,388
21	Capital Outlay	1,401,335	2,518,259	2,374,253
22	Other Objects (except debt service & interfund transfers)	141,855	172,580	230,163
23	Debt Service*	630,000	611,000	621,886
24	Interfund Transfers*	250,000	275,000	300,000
25	Operating Contingency	1,768,095	1,736,823	1,508,250
26	Unappropriated Ending Fund Balance & Reserves	357,871	357,871	519,261
27	Total Requirements	$18,870,391	$20,797,301	$21,780,717
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29	FINANCIAL SUMMARY - REQUIREMENTS AND FULL-TIME EQUIVALENT EMPLOYEES (FTE) BY FUNCTION	Actual Amount Last Year 2020-21	Adopted Budget This Year 2021-22	Approved Budget Next Year 2022-23
30	1000 Instruction	$8,666,744	$9,280,954	$9,598,704
31	FTE	76	85.05	79.3216
32	2000 Support Services	5,658,544	5,908,608	6,873,371
33	FTE	28.2816	31.6216	33.6324
34	3000 Enterprise & Community Service	913,520	690,224	801,184
35	FTE	6.03	6.03	6.03
36	4000 Facility Acquisition & Construction	625,617	1,936,821	1,558,061
37	FTE
38	5000 Other Uses
39	5100 Debt Service*	630,000	611,000	621,886
40	5200 Interfund Transfers*	250,000	275,000	300,000
41	5400 PES UAL Payments*
42	6000 Contingency	1,768,095	1,736,823	1,641,250
43	7000 Unappropriated Ending Fund Balance	357,871	357,871	386,261
44	Total Requirements	$18,870,391	$20,797,301	$21,780,717
45	Total FTE	110.3116	122.7016	118.984
46	* not included in total 5000 Other Uses. To be appropriated separately from other 5000 expenditures.
47	STATEMENT OF CHANGES IN ACTIVITIES and SOURCES OF FINANCING
48	The 2023-24 Budget was developed in a manner consistent with the 2022-23 Budget. Revenue estimates are based upon data provided to the district from the Oregon Department of Education and other agencies. Expenditures reflect current collective bargaining agreements and our estimates of inflationary factors in other areas. Overall our estimated staffing is increasing slightly in anticipation of the changing programatic needs for students.
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50	PROPERTY TAX LEVIES
51	Levy Type	Rate or Amount Imposed	Rate or Amount Imposed	Rate or Amount Approved
52	Permanent Rate Levy (Rate Limit $5.0022 per $1,000)	5.0022	5.0022	5.0022
53	Local Option Levy
54	Levy For General Obligation Bonds		$300,000	$300,000
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56	STATEMENT OF INDEBTEDNESS
57	LONG TERM DEBT	Estimated Debt Outstanding on July 1	Estimated Debt Authorized, But Not Incurred on July 1
58	General Obligation Bonds	$515,000	$0
59	Other Bonds	$1,420,000	$0
60	Other Borrowings	$106,079	$0
61	Total	$2,041,079	$0
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