| Orcas Island School District | ||||||
| Budget Analysis | ||||||
| 2007-08 | ||||||
| Fund Balance | Initial Projection (January 2007, before legislative session complete & cost reductions) | Projection (June 27, 2007, before OIEF & Cost Reductions) | Projection (July 11, 2007 after OIEF & Cost Reductions) | |||
| Beginning | $ - | $ 25,000 | $ 25,000 | |||
| Local Taxes | $ 929,657 | $ 958,065 | $ 987,379 | |||
| Local Non-tax Support | $ 138,606 | $ 134,087 | $ 309,087 | |||
| State, General Purpose | $ 2,823,842 | $ 2,839,787 | $ 2,822,171 | |||
| State, Special Purpose | $ 610,939 | $ 667,384 | $ 653,151 | |||
| Federal, General Purpose (*1) | $ - | $ - | $ - | |||
| Federal, Special Purpose | $ 701,240 | $ 705,458 | $ 685,458 | |||
| Revenue from Other School Districts | $ 26,869 | $ 26,869 | $ 26,869 | |||
| Revenue from Other Agencies | $ 9,360 | $ 11,560 | $ 11,560 | |||
| Revenue Adjustments (OIEF, Other) | $ - | $ - | $ - | |||
| Total Revenue | $ 5,240,513 | $ 5,343,210 | $ 5,495,675 | |||
| Revenue | ||||||
| Certific Staffing | $ 2,361,411 | $ 2,445,211 | $ 2,212,247 | |||
| Classif Staffing | $ 853,936 | $ 929,778 | $ 938,929 | |||
| Employee Benef | $ 1,139,955 | $ 1,124,386 | $ 1,060,971 | |||
| Total Staffing | $ 4,355,302 | $ 4,499,375 | $ 4,212,147 | |||
| Supplies & Materials | $ - | $ 365,881 | $ 432,993 | |||
| Purchased Services | $ - | $ 684,965 | $ 671,208 | |||
| Travel | $ - | $ 46,574 | $ 39,506 | |||
| Capital Outlay | $ - | $ 12,723 | $ 12,723 | |||
| Other | $ 1,078,755 | $ - | $ - | |||
| Total NERC's (before adjustments) | $ 1,078,755 | $ 1,110,143 | $ 1,156,430 | |||
| Transfers (to CPF, DSF, TVF) | $ - | $ - | $ - | |||
| Staffing Adjustments | $ - | $ 1 | $ - | |||
| NERC Adjustments (OIEF, Other) | $ - | $ - | $ - | |||
| Total Expenditures & Transfers | $ 5,434,057 | $ 5,609,519 | $ 5,368,577 | |||
| Expenditures | ||||||
| Change in Fd Balance | $ (193,544) | $ (266,309) | $ 127,098 | |||
| Ending | $ (193,544) | $ (241,309) | $ 152,098 | |||
| Fund Balance Target | $ 150,000 | $ 150,000 | $ 150,000 | |||
| Difference (*2) | $ (343,544) | $ (391,309) | $ 2,098 | |||
| OIEF | $ - | $ 175,000 | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| Revenue Adjustments | $ - | $ 175,000 | $ - | |||
| 9700-13-2001-00-000 | $ - | $ (5,000) | $ - | |||
| 0100-23-2001-00-000 | $ - | $ (2,500) | $ - | |||
| 7981 through 7999 (OIEF) | $ - | $ 135,000 | $ - | |||
| Various to OIEF | $ - | $ (135,000) | $ - | |||
| Kline | $ - | $ (16,419) | $ - | |||
| O'Brien | $ - | $ (16,419) | $ - | |||
| Mckinney | $ - | $ (63,076) | $ - | |||
| 0107-28-3011-00-000 | $ - | $ (2,500) | $ - | |||
| Certificated Adjustments | $ - | $ (105,914) | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| Classified Adjustments | $ - | $ - | $ - | |||
| 9700-13-2001-00-000 | $ - | $ (750) | $ - | |||
| 0100-23-2001-00-000 | $ - | $ (375) | $ - | |||
| 7981 through 7999 (OIEF) | $ - | $ 40,500 | $ - | |||
| Various to OIEF | $ - | $ (40,500) | $ - | |||
| Kline | $ - | $ (4,105) | $ - | |||
| O'Brien | $ - | $ (4,105) | $ - | |||
| Mckinney | $ - | $ (15,769) | $ - | |||
| 0107-28-3011-00-000 | $ - | $ (375) | $ - | |||
| Employee Benefit Adjustments | $ - | $ (25,479) | $ - | |||
| Staffing Adjustments | $ - | $ (131,393) | $ - | |||
| 9700-68-7009-00-000 | $ - | $ (2,000) | $ - | |||
| 3100-27-5000-00-000 | $ - | $ (3,000) | $ - | |||
| 9700-65-7000-00-000 | $ - | $ (2,500) | $ - | |||
| 9900-52-5000-00-000 | $ - | $ (2,500) | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| tbd | $ - | $ - | $ - | |||
| NERC Adjustments | $ - | $ (10,000) | $ - | |||
| (*1) - Includes revenue & expenditure contingency of $250,000 | ||||||
| (*2) - Reserve for year-end ending inventory (balance sheet account 840) | ||||||