May 11, 2022 at 4:30 PM - Budget and Finance Committee
| Agenda |
|---|
|
I. General Fund Budget 2022 - 2023
Description:
I compared the revenue versus ependitures for the last two months of fiscal year 2021 - 2022.
I took the difference and applied it to the balance sheet for the month ending 04/30/2022. I used that difference to calculate a projected year end balance for 2021 - 2022. I then took our budgeted expenditures for this fiscal year and calculated the percentage carryover if no action is taken. I then took our budgeted expentditures and calculated a carrover of 35% = $50,000.00 If all holds true our amount to spend down is approximately $6,232,056.24
Comments:
I included the budget for your review. The wages for administration have been updated. The wages for ancillary staff includes a 50 cent wage increase and 75 cent attendance incentive based on 175 student contact days
|
