Grant Public Schools
Board of Education Meeting
11-Jun-07
2007-2008 General Fund Budget
18.00 mills of ad valorem property taxes to be levied on non-homestead property for operation of the Grant Public School District according to this budget.
Revenues	FY 2005-06 Actual	FY 2006-07 Adopted Budget	FY 2006-07 Amendments	FY 2007-08 Proposed
Local	$1,116,164	$1,227,776	$1,376,026	$1,382,358
State	$16,662,595	$16,785,416	$16,835,454	$16,292,824
Federal	$1,127,515	$1,102,877	$1,138,540	$1,140,168
Total Revenue	$18,906,274	$19,116,069	$19,350,020	$18,815,350
Expenditures	FY 2005-06 Actual	FY 2006-07 Adopted Budget	FY 2006-07 Amendments	FY 2007-08 Proposed
Primary Center	$1,618,787	$1,790,058	$1,724,979	$1,740,122
Middle School	$3,115,844	$3,275,504	$3,238,754	$3,224,235
High School	$2,624,450	$2,674,673	$2,643,258	$2,467,390
Elementary School	$1,917,675	$2,047,115	$2,012,615	$2,006,420
Driver Ed	$38,062	$39,048	$39,048	$44,407
Special Ed	$1,850,871	$1,914,313	$1,936,729	$1,951,395
Gifted and Talented	$4,359	$8,270	$24,415	$16,862
Federal Grants	$472,968	$800,372	$761,029	$754,746
Vocational Agriculture	$94,357	$103,590	$99,600	$104,927
At Risk Section 31	$380,218	$380,690	$412,559	$416,212
Adult Education	$949,128	$603,344	$578,030	$624,730
Alternative Education	$0	$0	$0	$0
Counseling	$387,223	$428,553	$421,763	$500,987
Health Service	$58,151	$61,082	$60,842	$62,816
Curriculum 1221 & 1226	$165,659	$196,184	$200,555	$197,641
Librarian	$288,059	$305,935	$294,435	$303,560
General Administration	$81,815	$90,300	$103,300	$90,518
Executive Administration	$251,865	$266,407	$265,307	$258,676
School Administration	$1,325,115	$1,416,574	$1,437,025	$1,479,585
Fiscal Services	$196,804	$256,700	$236,700	$228,323
District-Wide Student Insurance	$14,479	$14,700	$15,700	$15,700
Operation/Maintenance	$1,954,446	$2,125,566	$2,027,388	$1,972,070
Transportation	$1,196,355	$1,177,376	$1,202,817	$1,243,494
Data Services	$42,452	$27,000	$22,000	$22,000
Community Services	$181,824	$189,762	$184,762	$175,841
Fine Arts Center	78927	$111,292	$109,042	$130,230
Other Audit	($246,076)	$0	$0	$0
Outgoing Transfers	$306,770	$290,000	$300,000	$510,000
Total Expenditures	$19,350,587	$20,594,408	$20,352,652	$20,542,887
Total Revenues	$18,906,274	$19,116,069	$19,350,020	$18,815,350
Excess or Shortage	($444,313)	($1,478,339)	($1,002,632)	($1,727,537)
Audited Fund Equity 6/30/06	$4,929,907
Projected Fund Equity 6/30/07 w/Amendments	$3,927,275
Projected Fund Equity 6/30/08	$2,199,738