Jul 1, '11 - April 18, 2012 Total Budget Variance % of Budget Income Box Tops for Education2,7771,5001,27785% Directory revenue, net of expenses % Innisbrook, net of cost12,56111, % Interest Income % Kemps Give em five % Kwik Trip Revenue % Pahls/Winum Market % Spring Picnic2,000 00% Sweatshirt/t-shirt sales, net of costs5720 0% Target Revenue2,658 00% Butterbraids3,3523, % Yearbook Sales, net of cost-1,0640 0% Total Income23,76222,6081,1545%

Expenses Jul 1, '11 - April 13, 2012 Total Budget Variance% of Budget Bulldog Bulletin/Calendar Handbook1,4991,50010% Fifth grade Fifth grade party % Nickeldeon Universe01, % Skating Party400 00% Total Fifth grade3501,6001,25078% Fine arts Art Adventure % Lyceum01, % Turkey Bingo % Total Fine arts1,2272,3001,07347% Geography Bee % Hospitality/workshops/open hous % MCA testing snacks - 3rd to 5th % Miscellaneous & Bank Charges % Other grades 3rd Grade MN History Center % 4th Grade Bus200 00% First grade Books % Track & Field % Total Other grades6541, % Playground % Scholarships01, % School Support12,65810,000-2,658-27% Technology3,347 00% Total Expense20,98522,7971,8128% Net Income2, , % Beginning Cash Balance29,298 Ending Cash Balance32,07529,1092,96610%

 Box tops program is sustainable at 2012 level  Directory, Yearbook and T-shirt sales break even  Innisbrook will remain at 2012 level  Spring Carnival contributions will increase to $3K  Butterbraids revenue pays for technology - $3.5K  Target revenue (about $2K-$3K) will go to the school. Reduced reliance on PTO to $10K per year.  No assumptions about other types of fundraisers ◦ Read a Thon? ◦ Give to the Max Day?  Most other expenses kept at 2012 levels

Actual Actual Actual Actual Total Forecast Proposed Budget Income Box Tops for Education1,01903, ,7772,500 Directory revenue, net of expense Innisbrook, net of cost19,66615,65315,78713,47112,56112,500 Interest Income Kemps Give em five Kwik Trip Revenue Other Income1, Pahls/Winum Market Spring Carnival - Net Profit02, ,0003,000 Sweatshirt/t-shirt Sales, net of cost , Target Revenue3, ,6580 Butterbraids0003,7003,3523,400 Yearbook Sales, net of costs Total Income26,45420,82318,71718,32124,56022,425

Expenses Actual Actual Actual Actual Total Forecast Proposed Budget Calendar Handbook6001,200 1,4791,500 Fifth grade Fifth grade party Nickeldeon Universe1,200 Skating Party Total Fifth grade1,7671,6671,9001,6491,5501,600 Fine arts Art Adventure139-1, Lyceum1,250 1,7971,500 Turkey Bingo Total Fine arts1, ,8002,9882,3012,300 Geography Bee Hospitality/workshops/open hous MCA testing snacks - 3rd to 5th Bank fees and Miscellaneous Other grades Track & Field3001, DARE & Bullying/Kindness1,9902, rd Grade MN History Center th Grade Bus200 First grade Books Total Other grades3,1794,0911,6132, ,200 Playground Scholarships1,000 School Support13,000 33,00012,65810,000 Technology8,60913, ,3473,400 Total Expense31,36136,45522,31044,32925,11222,800 Net Surplus/(Deficit)-4, ,632 -3, , Beginning Cash Balance79,43974,53358,90055,30729,29828,746 Ending Cash Balance74,53358,90055,30729,29828,74628,371