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Department of Management - Form S-PB-6 |
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NOTICE OF PUBLIC HEARING |
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PROPOSED WESTWOOD SCHOOL BUDGET SUMMARY |
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FISCAL YEAR 2005-2006 |
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Location of Public Hearing: |
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Date of Hearing: |
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Time of Hearing: |
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Westwood Community School - Board Room |
04/13/05 |
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7:00 P.M. |
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The Board of Directors will conduct a public hearing on the
proposed 2005/06 school budget at the above-noted |
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location and time. At the hearing, any resident or taxpayer may
present objections to, or arguments in favor of, |
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any part of the proposed budget. This notice represents a
summary of the supporting detail of revenues and |
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expenditures on file with the district secretary. A copy of the
details will be furnished upon request. |
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Budget 2006 |
Re-estimated 2005 |
Actual 2004 |
04-06 |
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Taxes Levied on Property |
1 |
2,188,955 |
2,363,672 |
2,364,125 |
-3.8% |
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Utility Replacement Excise Tax |
2 |
809,043 |
955,136 |
868,726 |
-3.5% |
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Income Surtaxes |
3 |
144,425 |
144,245 |
0 |
NEW |
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Tuition\Transportation Received |
4 |
350,000 |
325,000 |
296,530 |
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Earnings on Investments |
5 |
63,000 |
34,600 |
21,562 |
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Nutrition Program Sales |
6 |
195,000 |
135,000 |
131,346 |
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Student Activities and Sales |
7 |
325,500 |
285,000 |
268,028 |
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Other Revenues from Local Sources |
8 |
703,819 |
673,600 |
616,100 |
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Revenue from Intermediary Sources |
9 |
0 |
0 |
0 |
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State Foundation Aid |
10 |
2,182,266 |
2,004,815 |
1,991,182 |
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Instructional Support State Aid |
11 |
16,268 |
16,150 |
17,165 |
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Machinery and Equipment Replacement |
12 |
0 |
0 |
0 |
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Other State Sources |
13 |
280,350 |
224,300 |
231,209 |
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Title 1 Grants |
14 |
80,000 |
75,000 |
92,773 |
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Other Federal Sources |
15 |
230,000 |
210,000 |
202,383 |
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Total Revenues |
16 |
7,568,626 |
7,446,518 |
7,101,129 |
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General Long-Term Debt Proceeds |
17 |
0 |
0 |
0 |
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Operating Transfers In |
18 |
649,606 |
647,890 |
622,904 |
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Proceeds of Fixed Asset Dispositions |
19 |
5,000 |
1,000 |
5,985 |
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Total Revenues & Other Sources |
20 |
8,223,232 |
8,095,408 |
7,730,018 |
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Beginning Fund Balance |
21 |
2,758,319 |
2,388,222 |
2,272,615 |
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Total Resources |
22 |
10,981,551 |
10,483,630 |
10,002,633 |
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*Instruction |
23 |
4,574,133 |
3,709,500 |
3,604,382 |
12.7% |
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Student Support Services |
24 |
187,500 |
164,175 |
137,146 |
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Instructional Staff Support Services |
25 |
97,500 |
78,640 |
97,427 |
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General Administration |
26 |
235,804 |
214,665 |
208,805 |
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Building Administration |
27 |
323,500 |
306,560 |
301,729 |
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Business Administration |
28 |
67,500 |
62,730 |
50,210 |
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Plant Operation and Maintenance |
29 |
385,000 |
368,250 |
355,612 |
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Student Transportation |
30 |
494,399 |
455,880 |
454,468 |
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Central Support Services |
31 |
0 |
0 |
0 |
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*Total Support Services (lines 24-31) |
31A |
1,791,203 |
1,650,900 |
1,605,397 |
5.6% |
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*Noninstructional Programs |
32 |
383,637 |
262,240 |
264,575 |
20.4% |
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Facilities Acquisition and Construction |
33 |
1,205,576 |
65,000 |
139,836 |
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Debt Service |
34 |
1,528,820 |
1,200,730 |
1,183,792 |
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AEA Support - Direct to AEA |
35 |
206,614 |
189,051 |
193,525 |
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*Total Other Expenditures (lines 33-35) |
35A |
2,941,010 |
1,454,781 |
1,517,153 |
39.2% |
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Total Expenditures |
36 |
9,689,983 |
7,077,421 |
6,991,507 |
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Other Financing Uses: Operating Transfers Out |
37 |
649,606 |
647,890 |
622,904 |
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Total Expenditures & Other Uses |
38 |
10,339,589 |
7,725,311 |
7,614,411 |
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Ending Fund Balance |
39 |
641,962 |
2,758,319 |
2,388,222 |
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Total Requirements |
40 |
10,981,551 |
10,483,630 |
10,002,633 |
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Proposed Property Tax Rate (per $1,000 taxable |
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valuation) |
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14.27177 |
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