Budget%20Status%20Report%202023-24%20-%20May.pdf

Parent document: Regular Meeting and Budget Hearing-06-26-2024.pdf

Text

3wa6amswal2.p 13-4 MERIDIAN SCHOOL DISTRICT #505 06/21/24 Page:1
05.24.02.00.00 2023-2024 Budget Status Report 4:13 PM
10--General Fund-- FUND BALANCE -- AGENCY ACCOUNTS -- Revised -- BUDGET-STATUS-REPORT
Fiscal Year 2023 (September 1, 2023 - August 31, 2024)
For the MERIDIAN SCHOOL DISTRICT #505 School District for the Month of May , 2024
ANNUAL ACTUAL ACTUAL
A. REVENUES/OTHER FIN. SOURCES BUDGET FOR MONTH FOR YEAR ENCUMBRANCES BALANCE PERCENT
1000 LOCAL TAXES 4,498,952 402,684.45 4,607,688.15 108,736.15- 102.42
2000 LOCAL SUPPORT NONTAX 328,500 52,807.08 321,239.94 7,260.06 97.79
3000 STATE, GENERAL PURPOSE 18,055,748 915,031.88 13,207,439.17 4,848,308.83 73.15
4000 STATE, SPECIAL PURPOSE 4,772,554 283,969.05 3,702,282.57 1,070,271.43 77.57
5000 FEDERAL, GENERAL PURPOSE 4,200 .00 25,411.62 21,211.62- 605.04
6000 FEDERAL, SPECIAL PURPOSE 1,769,604 130,650.57 1,335,742.38 433,861.62 75.48
7000 REVENUES FR OTH SCH DIST 45,739 32,601.42 32,601.42 13,137.58 71.28
8000 OTHER AGENCIES AND ASSOCIATES 1,115,397 47,861.51 90,976.88 1,024,420.12 8.16
9000 OTHER FINANCING SOURCES 719,748 00 00 719,748.00 0.00
Total REVENUES/OTHER FIN. SOURCES 31,310,442 1,865,605 .96 23,323,382.13 7,987,059.87 74.49
B. EXPENDITURES
00 Regular Instruction 16,796,662 1,425,015.75 12,714,609.40 3,567,201.41 514,851.19 96.93
10 Federal Stimulus 27,201 3,915.44- 10,000.00 0.00 17,201.00 36.76
20 Special Ed Instruction 4,238,280 384,936.65 3,249,382.25 1,065,267.74 76,369.99- 101.80
30 Voc. Ed Instruction 769,818 57,896.12 563,054.43 153,565.13 53,198.44 93.09
40 Skills Center Instruction 0 .00 .00 0.00 .00 0.00
50+60 Compensatory Ed Instruct. 1,496,270 101,600.07 1,030,070.62 314,348.81 151,850.57 89.85
70 Other Instructional Pgms 220,847 17,904.48 227,334.78 50,299.21 56,786.99- 125.71
80 Community Services 534,477 00 00 0.00 534,477.00 0.00
90 Support Services 8,061,179 585,323.39 6,587,000.73 1,355,874.02 118,304.25 98.53
Total EXPENDITURES 32,144,734 2,568,761.02 24,381,452.21 6,506,556.32 1,256,725.47 96.09
C. OTHER FIN. USES TRANS. OUT (GL 536) 0 00 00
D. OTHER FINANCING USES (GL 535) 0 00 00
E. EXCESS OF REVENUES/OTHER FIN.SOURCES
OVER(UNDER) EXP/OTH FIN USES (A-B-C-D) 834,292- 703,155.06- 1,058,070 .08- 223,778.08- 26.82
F. TOTAL BEGINNING FUND BALANCE 2,888,004 3,099,978.11
G. G/L 898 PRIOR YEAR ADJUSTMENTS (+OR-) XXXXXXXXXK 00
H. TOTAL ENDING FUND BALANCE 2,053,712 2,041,908.03

(EtF + OR - G)


I.

ENDING FUND BALANCE ACCOUNTS:

G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L

810
815
821
823
825
828
830
835
840
845
850
870
872
873
875
884
888
890
891
896
897

Restricted For Other Items
Restric Unequalized Deduct Rev
Restrictd for Carryover
Restricted for Carryover of Tra
Restricted for Skills Center
Restricted for C/O of FS Rev
Restricted for Debt Service
Restrictd For Arbitrage Rebate
Nonspnd FB - Invent/Prepd Itms
Restricted for Self-Insurance
Restricted for Uninsured Risks
Committed to Other Purposes
Committd to Econme Stabilizatn
Committed to Depreciation Sub-F
Assigned Contingencies

Assigned to Other Cap Projects
Assigned to Other Purposes
Unassigned Fund Balance
Unassigned Min Fnd Bal Policy
Change in Accounting Principles

Change to or within the Financi

TOTAL

oo o oO 00UCUuU0UC Cc OUCUCOUUCUCOUUCUOC

820,000
0

0

200,000

0

60,000
795, 795-
1,769,507
0

0

2,053,712

00
00
29,390.19
00

00
32,378.04
00

00

00

00

00
20,000.00
00

00
200,000.00
00
804,452.21
709,984 .90-
1,665,672.49
00

00

2,041,908.03


3wa6amswal2.p 13-4 MERIDIAN SCHOOL DISTRICT #505 06/21/24 Page:1

05.24.02.00.00 2023-2024 Budget Status Report 4:13 PM
20--Capital Projects-- FUND BALANCE -- AGENCY ACCOUNTS -- Revised -- BUDGET-STATUS-REPORT
Fiscal Year 2023 (September 1, 2023 - August 31, 2024)
For the MERIDIAN SCHOOL DISTRICT #505 School District for the Month of May , 2024
ANNUAL ACTUAL ACTUAL
A. REVENUES/OTHER FIN. SOURCES BUDGET FOR MONTH FOR YEAR ENCUMBRANCES BALANCE PERCENT
1000 Local Taxes 719,835 64,447.76 743,713.84 23,878.84- 103.32
2000 Local Support Nontax 35,000 8,377.62 43,674.23 8,674.23- 124.78
3000 State, General Purpose 0 .00 .00 .00 0.00
4000 State, Special Purpose 13,600,000 00 00 13,600,000.00 0.00
5000 Federal, General Purpose 0 .00 .00 .00 0.00
6000 Federal, Special Purpose 0 .00 .00 .00 0.00
7000 Revenues Fr Oth Sch Dist 0 -00 -00 -00 0.00
8000 Other Agencies and Associates 0 .00 .00 .00 0.00
9000 Other Financing Sources 0 .00 .00 .00 0.00
Total REVENUES/OTHER FIN. SOURCES 14,354,835 72,825.38 787,388.07 13,567,446.93 5.49
B. EXPENDITURES
10 Sites 0 .00 -00 0.00 -00 0.00
20 Buildings 13,635,087 8,808.20 8,836.91 9,000.00 13,617,250.09 0.13
30 Equipment 0 .00 -00 0.00 -00 0.00
40 Energy 0 .00 -00 0.00 -00 0.00
50 Sales & Lease Expenditure 0 .00 .00 0.00 .00 0.00
60 Bond Issuance Expenditure 0 .00 .00 0.00 .00 0.00
90 Debt 0 .00 -00 0.00 -00 0.00
Total EXPENDITURES 13,635,087 8,808.20 8,836.91 9,000.00 13,617,250.09 0.13

C. OTHER FIN. USES TRANS. OUT (GL 536) 719,748 .00 .00
D. OTHER FINANCING USES (GL 535) 0 .00 .00
E. EXCESS OF REVENUES/OTHER FIN.SOURCES

OVER(UNDER) EXP/OTH FIN USES (A-B-C-D) 0 64,017.18 778,551.16 778,551.16 0.00
F. TOTAL BEGINNING FUND BALANCE 625,000 722,556.68
G. G/L 898 PRIOR YEAR ADJUSTMENTS (+OR-) XXXXXXXXXK .00
H. TOTAL ENDING FUND BALANCE 625,000 1,501,107.84

(EtF + OR - G)


I.

G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L
G/L

ENDING FUND BALANCE ACCOUNTS:

810
825
830
835
840
850
861
862
863
864
865
866
867
869
870
889
890
896
897

Restricted For Other Items
Restricted for Skills Center
Restricted for Debt Service
Restrictd For Arbitrage Rebate
Nonspnd FB - Invent/Prepd Itms
Restricted for Uninsured Risks
Restricted from Bond Proceeds
Committed from Levy Proceeds
Restricted from State Proceeds
Rsrv Of Fed Proceeds

Restricted from Other Proceeds
Restrictd from Impact Proceeds
Restricted from Mitigation Fees
Restricted fr Undistr Proceeds
Committed to Other Purposes
Assigned to Fund Purposes
Unassigned Fund Balance

Change in Accounting Principles

Change to or within the Financi

TOTAL

500,00

1,125,00

o o o oo oO 0o0UCwlOCUOUC OCUUCUCUODUCUCUODUCULCUOUCOOUCUCOOUCUCOOUCUCOOUCUCUOUOULUD

625,000

-00

-00

-00

-00

-00

-00

-00
376,292.22
-00

-00

-00

-00

-00

-00

-00
1,124,815 .62
-00

-00

-00

1,501,107.84


3wa6amswal2.p 13-4 MERIDIAN SCHOOL DISTRICT #505 06/21/24 Page:1
05.24.02.00.00 2023-2024 Budget Status Report 4:13 PM

30--Debt Service Fund-- FUND BALANCE -- AGENCY ACCOUNTS -- Revised -- BUDGET-STATUS-REPORT
Fiscal Year 2023 (September 1, 2023 - August 31, 2024)

For the MERIDIAN SCHOOL DISTRICT #505 School District for the Month of May , 2024
ANNUAL ACTUAL ACTUAL
A. REVENUES/OTHER FIN. SOURCES BUDGET FOR MONTH FOR YEAR ENCUMBRANCES BALANCE PERCENT
1000 Local Taxes 1,215,880 107,255.01 1,279,058.10 63,178.10- 105.20
2000 Local Support Nontax 4,325 1,342.99 15,044.65 10,719.65- 347.85
3000 State, General Purpose 0 .00 .00 .00 0.00
5000 Federal, General Purpose 0 .00 .00 .00 0.00
9000 Other Financing Sources 0 .00 .00 .00 0.00
Total REVENUES/OTHER FIN. SOURCES 1,220,205 108,598.00 1,294,102.75 73,897.75- 106.06

B. EXPENDITURES

Matured Bond Expenditures 920,000 00 920,000.00 0.00 -00 100.00
Interest On Bonds 377,800 -00 198,900.00 0.00 178,900.00 52.65
Interfund Loan Interest 0 .00 .00 0.00 .00 0.00
Bond Transfer Fees 5,000 00 58.51 0.00 4,941.49 1.17
Arbitrage Rebate 0 .00 .00 0.00 .00 0.00
Underwriter's Fees 0 .00 .00 0.00 .00 0.00
Total EXPENDITURES 1,302,800 -00 1,118,958.51 0.00 183,841.49 85.89

C. OTHER FIN. USES TRANS. OUT (GL 536) 0 00 00

D. OTHER FINANCING USES (GL 535) 0 00 00

E. EXCESS OF REVENUES/OTHER FIN.SOURCES

OVER (UNDER) EXPENDITURES (A-B-C-D) 82,595- 108,598.00 175,144.24 257,739.24 312.05-
F. TOTAL BEGINNING FUND BALANCE 865,000 881,625.95
G. G/L 898 PRIOR YEAR ADJUSTMENTS (+OR-) XXXXXXXXX -00
H. TOTAL ENDING FUND BALANCE 782,405 1,056,770.19
(E+tF + OR - G)

I. ENDING FUND BALANCE ACCOUNTS:

G/L 810 Restricted for Other Items 0 -00
G/L 830 Restricted for Debt Service 782,405 1,056,770.19
G/L 835 Restrictd For Arbitrage Rebate 0 .00
G/L 870 Committed to Other Purposes 0 -00
G/L 889 Assigned to Fund Purposes 0 .00
G/L 890 Unassigned Fund Balance 0 .00
G/L 896 Change in Accounting Principles 0 .00
G/L 897 Change to or within the Financi 0 .00

TOTAL 782,405 1,056,770.19


3wa6amswal2.p 13-4 MERIDIAN SCHOOL DISTRICT #505 06/21/24 Page:1
05.24.02.00.00 2023-2024 Budget Status Report 4:13 PM
40--Associated Student Body Fund-- FUND BALANCE -- AGENCY ACCOUNTS -- Revised -- BUDGET-STATUS-REPORT
Fiscal Year 2023 (September 1, 2023 - August 31, 2024)
For the MERIDIAN SCHOOL DISTRICT #505 School District for the Month of May , 2024
ANNUAL ACTUAL ACTUAL
A. REVENUES BUDGET FOR MONTH FOR YEAR ENCUMBRANCES BALANCE PERCENT
1000 GENERAL STUDENT BODY 83,250 584.17 42,113.43 41,136.57 50.59
2000 Athletics 57,000 4,597.23 103,963.14 46,963.14- 182.39
3000 Classes 10,700 4,910.00 13,088.31 2,388.31- 122.32
4000 Clubs 207,596 19,748.11 112,175.85 95,420.15 54.04
6000 Private Moneys 16,250 42.04 22,245.66 5,995.66- 136.90
Total REVENUES 374,796 29,881.55 293,586.39 81,209.61 78.33
B. EXPENDITURES
1000 GENERAL STUDENT BODY 77,800 8,431.23 45,742.49 267.30 31,790.21 59.14
2000 Athletics 75,200 4,589.59 97,790.21 4,024.00 26,614.21- 135.39
3000 Classes 7,890 759.26 2,913.34 0.00 4,976.66 36.92
4000 Clubs 176,740 17,039.52 113,562.01 11.95 63,166.04 64.26
6000 Private Moneys 16,250 .00 20,083.16 0.00 3,833.16- 123.59
Total EXPENDITURES 353,880 30,819.60 280,091.21 4,303.25 69,485.54 80.36
C. EXCESS OF REVENUES
OVER (UNDER) EXPENDITURES (A-B) 20,916 938.05- 13,495.18 7,420.82- 35.48-
D. TOTAL BEGINNING FUND BALANCE 175,000 229,452.17
E. G/L 898 PRIOR YEAR ADJUSTMENTS (+OR-) XXXXXXXXXK .00
F. TOTAL ENDING FUND BALANCE 195,916 242,947.35
C+D + OR - E)
G. ENDING FUND BALANCE ACCOUNTS:
G/L 810 Restricted for Other Items 0 -00
G/L 819 Restricted for Fund Purposes 195,916 242,947.35
G/L 840 Nonspnd FB - Invent/Prepd Itms 0 -00
G/L 850 Restricted for Uninsured Risks 0 -00
G/L 870 Committed to Other Purposes 0 .00
G/L 889 Assigned to Fund Purposes 0 .00
G/L 890 Unassigned Fund Balance 0 .00
G/L 896 Change in Accounting Principles 0 .00
G/L 897 Change to or within the Financi 0 .00
TOTAL 195,916 242,947.35


3wa6amswal2.p 13-4 MERIDIAN SCHOOL DISTRICT #505 06/21/24 Page:1
05.24.02.00.00 2023-2024 Budget Status Report 4:13 PM
90--Transportation Vehicle Fund-- FUND BALANCE -- AGENCY ACCOUNTS -- Revised -- BUDGET-STATUS-REPORT
Fiscal Year 2023 (September 1, 2023 - August 31, 2024)
For the MERIDIAN SCHOOL DISTRICT #505 School District for the Month of May , 2024
ANNUAL ACTUAL ACTUAL
A. REVENUES/OTHER FIN. SOURCES BUDGET FOR MONTH FOR YEAR ENCUMBRANCES BALANCE PERCENT
1000 Local Taxes 0 -00 -00 -00 0.00
2000 Local Nontax 375 1,058.67 8,043.92 7,668.92- > 1000
3000 State, General Purpose 0 .00 .00 .00 0.00
4000 State, Special Purpose 198,618 00 00 198,618.00 0.00
5000 Federal, General Purpose 0 .00 .00 .00 0.00
6000 Federal, Special Purpose 0 .00 .00 .00 0.00
8000 Other Agencies and Associates 0 .00 .00 .00 0.00
9000 Other Financing Sources 0 .00 .00 .00 0.00
A. TOTAL REV/OTHER FIN.SRCS(LESS TRANS) 198,993 1,058.67 8,043.92 190,949.08 4.04
B. 9900 TRANSFERS IN FROM GF 0 .00 .00 .00 0.00
C. Total REV./OTHER FIN. SOURCES 198,993 1,058.67 8,043.92 190,949.08 4.04
D. EXPENDITURES
Type 30 Equipment 400,000 .00 -00 0.00 400,000.00 0.00
Type 40 Energy 0 .00 .00 0.00 .00 0.00
Type 60 Bond Levy Issuance 0 .00 .00 0.00 .00 0.00
Type 90 Debt 0 .00 -00 0.00 -00 0.00
Total EXPENDITURES 400,000 .00 -00 0.00 400,000.00 0.00

E. OTHER FIN. USES TRANS. OUT (GL 536) 0 .00 .00
F. OTHER FINANCING USES (GL 535) 0 .00 .00
G. EXCESS OF REVENUES/OTHER FIN SOURCES

OVER(UNDER) EXP/OTH FIN USES (C-D-E-F) 201,007- 1,058.67 8,043.92 209,050.92 104.00-
H. TOTAL BEGINNING FUND BALANCE 360,000 363,951.65
I. G/L 898 PRIOR YEAR ADJUSTMENTS (+OR-) XXXXXXXXXK .00
J. TOTAL ENDING FUND BALANCE 158,993 371,995.57

(GtH + OR - T)
K. ENDING FUND BALANCE ACCOUNTS:
G/L 810 Restricted For Other Items 0 -00
G/L 819 Restricted for Fund Purposes 158,993 371,995.57
G/L 830 Restricted for Debt Service 0 -00
G/L 835 Restrictd For Arbitrage Rebate 0 .00
G/L 850 Restricted for Uninsured Risks 0 -00
G/L 889 Assigned to Fund Purposes 0 .00
G/L 890 Unassigned Fund Balance 0 .00
G/L 896 Change in Accounting Principles 0 .00
G/L 897 Change to or within the Financi 0 .00
TOTAL 158,993 371,995.57


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