General Fund Budget Approval Date of Adoption of the General Fund Budget: President of the Board - Original Signature Required Date Secretary of the Board - Original Signature Required Date Chief School Administrator - Original Signature Required Date Contact Person Telephone Extension Email Address Jean L Hentz (717)272-2031 Extn :1804 [email protected]Printed 5/14/2020 4:54:17 PM LEA Name : 113381303 Lebanon Cornwall-Lebanon SD County : AUN Number : Class : 2 FINAL GENERAL FUND BUDGET Fiscal Year 2020-2021 Page 1
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FINAL GENERAL FUND BUDGET...6111 Current Real Estate Taxes Amount of Tax Relief for Homestead Exclusions Tax Levy Minus Homestead Exclusions Net Tax Revenue Generated By Mills County
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General Fund Budget Approval
Date of Adoption of the General Fund Budget:
President of the Board - Original Signature Required Date
Secretary of the Board - Original Signature Required Date
Chief School Administrator - Original Signature Required Date
LEA Name : 113381303 LebanonCornwall-Lebanon SD County :AUN Number :Class : 2
FINAL GENERAL FUND BUDGETFiscal Year 2020-2021
Page 1
No school district shall approve an increase in real property taxes unless it has adopted a budget that includes an estimated, ending unreserved undesignated fund balance (unassigned) less than or equal to the specified percentage of its total budgeted expenditures:
Did you raise property taxes in SY 2020-2021 (compared to 2019-2020 )? Yes
If yes, see information below, taken from the 2020-2021 General Fund Budget.
No
x
The Estimated Ending Unassigned Fund Balance is within the allowable limits. Yes
No
x
I hereby certify that the above information is accurate and complete.
SIGNATURE OF SUPERINTENDENT DATE
2020
Total Budgeted Expenditures Fund Balance % Limit(less than or equal to)
Less Than or Equal to $11,999,999 12.0%
Between $12,000,000 and $12,999,999 11.5%
Between $13,000,000 and $13,999,999 11.0%
Between $14,000,000 and $14,999,999 10.5%
Between $15,000,000 and $15,999,999 10.0%
Between $16,000,000 and $16,999,999 9.5%
Between $17,000,000 and $17,999,999 9.0%
Between $18,000,000 and $18,999,999 8.5%
Greater Than or Equal to $19,000,000 8.0%
Total Budgeted Expenditures $81596863
Ending Unassigned Fund Balance $5790160
Ending Unassigned Fund Balance as a percentage(%) of Total Budgeted Expenditures
7.1%
DUE DATE: AUGUST 15,
SCHOOL DISTRICT :
113381303 LebanonCornwall-Lebanon SD
COUNTY : AUN :
Printed 5/14/2020 4:54:18 PM
CERTIFICATION OF ESTIMATED ENDING FUND BALANCEFROM 2020-2021 GENERAL FUND BUDGET
24 PS 6-688
(10/2010)
Page 2
(03/2006)
School District Name :
Cornwall~Lebanon SD
CERTIFICATION OF USE OF PDE-2028
FOR PUBLIC INSPECTION OF 2020-2021 PROPOSED BUDGET 24 PS 6-687(a)(1)
County: AUN Number:
Lebanon 113381303
Section 687(a)(1) of the School Code requires the president of the board of school directors of each school district to certify to the Department of Education that the proposed budget was prepared, presented and will be made available for public inspection using the uniform form prepared and furnished by the Department of Education.
I hereby certify that the above information is accurate and complete.
SIGNATURE OF SCHOOL BOARD PRESIDENT
DUE DATE:
Printed 5/14/2020 4:54:18 PM
IMMEDIATELY FOLLOWING ADOPTION OF PROPOSED FINAL GENERAL FUND BUDGET
DATE
Page 3
Val Number Description Justification
1010 Budget Approval Date is required before submission on Contact Screen and cannot be a future date.
8060 Ending Fund Balance Entry and Budgetary Reserve: If 5900 Budgetary Reserve is not equal to 0, a justification must be entered below.
Budgetary Reserve.
8080 Ending Fund Balance Entry and Budgetary Reserve: If 0850 Estimated Ending Unassigned Fund Balance is not equal to 0, a justification must be entered below.
Unassigned Fund Balance.
8160 Ending Fund Balance Entry and Budgetary Reserve: If 0840 Assigned Fund Balance is not equal to 0, a justification must be entered below.
Balance Assigned for Retirement.
2020-2021 Final General Fund Budget Validations
Page - 1 of 1
LEA : 113381303 Cornwall-Lebanon SD
Printed 5/14/2020 4:54:19 PM
Page 4
ITEM AMOUNTS
Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year
0810 Nonspendable Fund Balance 160,000
0820 Restricted Fund Balance
0830 Committed Fund Balance
0840 Assigned Fund Balance 2,116,060
0850 Unassigned Fund Balance 6,423,160
Total Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year $8,539,220
Estimated Revenues And Other Financing Sources
6000 Revenue from Local Sources 54,042,476
7000 Revenue from State Sources 24,442,851
8000 Revenue from Federal Sources 1,133,000
9000 Other Financing Sources 139,000
Total Estimated Revenues And Other Financing Sources $79,757,327
Total Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation $88,296,547
2020-2021 Final General Fund Budget Estimated Revenues and Other Financing Sources: Budget Summary
Page - 1 of 1
LEA : 113381303 Cornwall-Lebanon SD
Printed 5/14/2020 4:54:20 PM
Page 5
Amount
REVENUE FROM LOCAL SOURCES6111 Current Real Estate Taxes 47,105,370
6112 Interim Real Estate Taxes 245,000
6113 Public Utility Realty Taxes 45,000
6114 Payments in Lieu of Current Taxes - State / Local 74,178
6150 Current Act 511 Taxes - Proportional Assessments 4,604,898
6400 Delinquencies on Taxes Levied / Assessed by the LEA 550,000
6500 Earnings on Investments 70,000
6700 Revenues from LEA Activities 102,000
6800 Revenues from Intermediary Sources / Pass-Through Funds 820,000
6910 Rentals 106,530
6920 Contributions and Donations from Private Sources 5,000
6940 Tuition from Patrons 279,000
6960 Services Provided Other Local Governmental Units / LEAs 10,000
6980 Revenue from Community Services Activities 7,450
6990 Refunds and Other Miscellaneous Revenue 18,050
REVENUE FROM LOCAL SOURCES $54,042,476
REVENUE FROM STATE SOURCES7111 Basic Education Funding-Formula 10,744,725
2100 Support Services - Students 2,778,7442200 Support Services - Instructional Staff 2,208,1942300 Support Services - Administration 4,817,4892400 Support Services - Pupil Health 1,188,5692500 Support Services - Business 866,9442600 Operation and Maintenance of Plant Services 5,811,3522700 Student Transportation Services 3,534,1862800 Support Services - Central 1,429,8232900 Other Support Services 37,000
Total Support Services $22,672,301
3000 Operation of Non-Instructional Services
3200 Student Activities 357,4213300 Community Services 34,738
Total Operation of Non-Instructional Services $392,159
5000 Other Expenditures and Financing Uses
5100 Debt Service / Other Expenditures and Financing Uses 5,332,8275200 Interfund Transfers - Out 448,9755900 Budgetary Reserve 2,550,000
Total Other Expenditures and Financing Uses $8,331,802
Total Estimated Expenditures and Other Financing Uses $81,596,863
2020-2021 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Budget Summary
Page - 1 of 1
LEA : 113381303 Cornwall-Lebanon SD
Printed 5/14/2020 4:54:25 PM
Page 13
Description Amount
1000 Instruction
1100 Regular Programs - Elementary / Secondary100 Personnel Services - Salaries 20,345,320200 Personnel Services - Employee Benefits 13,013,203300 Purchased Professional and Technical Services 285,868400 Purchased Property Services 75,640500 Other Purchased Services 453,800600 Supplies 738,606700 Property 140,000800 Other Objects 3,156
Total Regular Programs - Elementary / Secondary $35,055,593
1200 Special Programs - Elementary / Secondary100 Personnel Services - Salaries 4,150,722200 Personnel Services - Employee Benefits 2,657,906300 Purchased Professional and Technical Services 3,319,936500 Other Purchased Services 1,526,811600 Supplies 32,000800 Other Objects 661
Total Special Programs - Elementary / Secondary $11,688,036
1300 Vocational Education100 Personnel Services - Salaries 360,839200 Personnel Services - Employee Benefits 249,312300 Purchased Professional and Technical Services 30,000400 Purchased Property Services 80500 Other Purchased Services 1,473,273600 Supplies 10,682
Total Vocational Education $2,124,186
1400 Other Instructional Programs - Elementary / Secondary100 Personnel Services - Salaries 633,133200 Personnel Services - Employee Benefits 416,685300 Purchased Professional and Technical Services 194,500500 Other Purchased Services 60,550600 Supplies 4,450
Total Other Instructional Programs - Elementary / Secondary $1,309,318
1500 Nonpublic School Programs300 Purchased Professional and Technical Services 14,500