Presentation on theme: "MID-YEAR REVIEW FY 2014-2015 Budget AS OF 1/31/15 February 23, 2015."— Presentation transcript:
MID-YEAR REVIEW FY Budget AS OF 1/31/15 February 23, 2015
Shows the estimated change in financial position (fund balance) resulting from the district’s operations during the fiscal year. This information is summarized from the revenue, expenditure and other financing source information. It projects whether the district’s financial position will improve or worsen.
LOCAL REVENUE $4,321,863 23% Property Tax Collections = $3,731,832 Corporate Personal Property Replacement Tax Special Education Tuition from Other Districts Interest Investments Rental Income
STATE REVENUE $11,936,493 63% General State Aid = $9,717,981 Special Education Reimbursements School Lunch/Breakfast Program Early Childhood Block Grant
FEDERAL REVENUE $ 2,539,217 14% NCLB GRANTS – Title I, Title II-A Special Education IDEA Flow Thru Special Education IDEA Pre-School Medicaid Administrative Outreach Medicaid Fee for Service National School Lunch Program National School Breakfast Program