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NOTICE OF PUBLIC HEARING |
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PROPOSED WESTWOOD SCHOOL BUDGET SUMMARY |
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FISCAL YEAR 2007-2008 |
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Department of Management - Form S-PB-8 |
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Avg % |
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Budget 2008 |
Re-est. 2007 |
Actual 2006 |
06-08 |
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Taxes Levied on Property |
1 |
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2,289,478 |
2,167,648 |
2,194,643 |
2.1% |
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Utility Replacement Excise Tax |
2 |
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743,049 |
746,080 |
810,350 |
-4.2% |
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Income Surtaxes |
3 |
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158,294 |
158,294 |
158,565 |
-0.1% |
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Tuition\Transportation Received |
4 |
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405,000 |
395,000 |
340,946 |
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Earnings on Investments |
5 |
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179,500 |
165,500 |
102,729 |
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Nutrition Program Sales |
6 |
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192,521 |
145,000 |
129,925 |
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Student Activities and Sales |
7 |
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330,000 |
300,000 |
265,146 |
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Other Revenues from Local Sources |
8 |
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768,000 |
606,200 |
543,721 |
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Revenue from Intermediary Sources |
9 |
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0 |
0 |
0 |
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State Foundation Aid |
10 |
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2,189,604 |
2,149,094 |
2,146,662 |
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Instructional Support State Aid |
11 |
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13,531 |
13,302 |
15,612 |
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Machinery and Equipment Replacement |
12 |
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0 |
0 |
0 |
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Foster Care, Ed Excellence and Other State Sources |
13 |
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605,100 |
303,000 |
279,388 |
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Title 1 Grants |
14 |
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68,000 |
60,479 |
66,914 |
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IDEA and Other Federal Sources |
15 |
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240,000 |
230,000 |
216,442 |
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Total Revenues |
16 |
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8,182,077 |
7,439,597 |
7,271,043 |
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General Long-Term Debt Proceeds |
17 |
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0 |
0 |
0 |
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Operating & Residual Transfers In |
18 |
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722,241 |
720,066 |
798,003 |
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Proceeds of Fixed Asset Dispositions |
19 |
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5,000 |
3,225 |
3,876 |
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Total Revenues & Other Sources |
20 |
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8,909,318 |
8,162,888 |
8,072,922 |
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Beginning Fund Balance |
21 |
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2,941,125 |
2,284,431 |
2,312,910 |
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Total Resources |
22 |
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11,850,443 |
10,447,319 |
10,385,832 |
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*Instruction |
23 |
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5,265,719 |
3,923,000 |
3,859,572 |
16.8% |
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Student Support Services |
24 |
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195,502 |
150,900 |
145,840 |
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Instructional Staff Support Services |
25 |
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248,796 |
195,500 |
193,769 |
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General Administration |
26 |
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251,609 |
214,750 |
204,175 |
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School/Building Administration |
27 |
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385,742 |
324,600 |
315,339 |
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Business & Central Administration |
28 |
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106,726 |
82,475 |
79,164 |
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Plant Operation and Maintenance |
29 |
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461,029 |
364,600 |
354,575 |
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Student Transportation |
30 |
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543,235 |
502,500 |
489,195 |
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This row is intentionally left blank |
31 |
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0 |
0 |
0 |
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*Total Support Services (lines 24-31) |
31A |
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2,192,639 |
1,835,325 |
1,782,057 |
10.9% |
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*Noninstructional Programs |
32 |
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418,455 |
292,900 |
285,795 |
21.0% |
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Facilities Acquisition and Construction |
33 |
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950,009 |
211,500 |
208,371 |
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Debt Service |
34 |
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1,447,201 |
320,066 |
977,265 |
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AEA Support - Direct to AEA |
35 |
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214,328 |
203,337 |
190,338 |
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*Total Other Expenditures (lines 33-35) |
35A |
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2,611,538 |
734,903 |
1,375,974 |
37.8% |
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Total Expenditures |
36 |
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10,488,351 |
6,786,128 |
7,303,398 |
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Operating & Residual Transfers Out |
37 |
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722,241 |
720,066 |
798,003 |
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Total Expenditures & Other Uses |
38 |
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11,210,592 |
7,506,194 |
8,101,401 |
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Ending Fund Balance |
39 |
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639,851 |
2,941,125 |
2,284,431 |
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Total Requirements |
40 |
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11,850,443 |
10,447,319 |
10,385,832 |
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Proposed Tax Rate (per $1,000 taxable valuation) |
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13.32484 |
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Location of Public Hearing: |
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Date of Hearing: |
Time of Hearing: |
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Westwood Community School Westwood Board
Room 1000 Rebel
Way, Sloan IA 51055 |
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April 11, 2007 |
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7:00 P.M. |
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The Board of Directors will conduct a public hearing on the
proposed 2007/08 school budget at the above-noted location |
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and time. At the hearing, any resident or taxpayer may present
objections to, or arguments in favor of, any part of the |
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proposed budget. This notice represents a summary of the
supporting detail of revenues and expenditures on file with the |
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district secretary. A copy of the details will be furnished
upon request. |
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