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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 2006-2007 |
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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 Board Room Sloan IA |
April 12, 2006 |
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7:00 P.M. |
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The Board of Directors will conduct a public
hearing on the proposed 2006/07 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 2007 |
Re-estimated 2006 |
Actual 2005 |
Avg % 05-07 |
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Taxes Levied on Property |
1 |
2,167,872 |
2,184,322 |
3,280,725 |
-18.7% |
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Utility Replacement Excise Tax |
2 |
746,158 |
807,331 |
0 |
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Income Surtaxes |
3 |
150,641 |
150,641 |
150,973 |
-0.1% |
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Tuition\Transportation Received |
4 |
350,000 |
265,000 |
248,334 |
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Earnings on Investments |
5 |
79,000 |
96,200 |
48,666 |
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Nutrition Program Sales |
6 |
195,000 |
150,000 |
136,656 |
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Student Activities and Sales |
7 |
330,000 |
300,000 |
259,471 |
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Other Revenues from Local Sources |
8 |
753,000 |
531,250 |
501,627 |
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Revenue from Intermediary Sources |
9 |
0 |
0 |
0 |
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State Foundation Aid |
10 |
2,159,548 |
2,165,888 |
1,986,059 |
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Instructional Support State Aid |
11 |
14,614 |
15,612 |
16,149 |
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Machinery and Equipment Replacement |
12 |
0 |
0 |
0 |
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Other State Sources |
13 |
312,921 |
281,560 |
222,175 |
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Title 1 Grants |
14 |
85,000 |
66,914 |
70,921 |
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Other Federal Sources |
15 |
238,000 |
220,500 |
203,041 |
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Total Revenues |
16 |
7,581,754 |
7,235,218 |
7,124,797 |
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General Long-Term Debt Proceeds |
17 |
0 |
0 |
0 |
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Operating Transfers In |
18 |
659,665 |
653,865 |
746,986 |
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Proceeds of Fixed Asset Dispositions |
19 |
5,000 |
5,250 |
655 |
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Total Revenues & Other Sources |
20 |
8,246,419 |
7,894,333 |
7,872,438 |
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Beginning Fund Balance |
21 |
2,564,476 |
2,343,821 |
2,294,669 |
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Total Resources |
22 |
10,810,895 |
10,238,154 |
10,167,107 |
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*Instruction |
23 |
4,642,117 |
3,761,150 |
3,653,503 |
12.7% |
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Student Support Services |
24 |
176,550 |
149,200 |
144,734 |
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Instructional Staff Support Services |
25 |
135,770 |
127,350 |
123,536 |
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General Administration |
26 |
236,200 |
199,500 |
194,284 |
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Building Administration |
27 |
355,235 |
329,900 |
320,269 |
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Business Administration |
28 |
87,240 |
67,700 |
65,607 |
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Plant Operation and Maintenance |
29 |
457,027 |
372,190 |
368,832 |
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Student Transportation |
30 |
509,946 |
459,620 |
436,236 |
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Central Support Services |
31 |
0 |
0 |
0 |
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*Total Support Services (lines 24-31) |
31A |
1,957,968 |
1,705,460 |
1,653,498 |
8.8% |
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*Noninstructional Programs |
32 |
414,369 |
287,400 |
290,133 |
19.5% |
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Facilities Acquisition and Construction |
33 |
1,043,697 |
100,000 |
96,062 |
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Debt Service |
34 |
1,297,929 |
975,465 |
1,193,252 |
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AEA Support - Direct to AEA |
35 |
214,634 |
190,338 |
189,051 |
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*Total Other Expenditures (lines 33-35) |
35A |
2,556,260 |
1,265,803 |
1,478,365 |
31.5% |
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Total Expenditures |
36 |
9,570,714 |
7,019,813 |
7,075,499 |
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Other Financing Uses: Operating Transfers Out |
37 |
659,665 |
653,865 |
747,787 |
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Total Expenditures & Other Uses |
38 |
10,230,379 |
7,673,678 |
7,823,286 |
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Ending Fund Balance |
39 |
580,516 |
2,564,476 |
2,343,821 |
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Total Requirements |
40 |
10,810,895 |
10,238,154 |
10,167,107 |
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Proposed Property Tax Rate (per $1,000 taxable |
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valuation) |
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12.68635 |
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