1. Fiscal Year 2019 Tentative Budget

2. Revenue
Based on information from the Department of Taxation, Department of Education and past trends

3. Revenue
New Grant Funding

4. Changes
These are the changes from the current year budgeted expenditures
General Fund

5. Changes Capital Projects Fund
These are the changes from the current year budgeted expenditures
Capital Projects Fund

6. Not included in the budget

7. Not included in the budget

8. Fund Balance General Fund Beginning Fund Balance – $ 2,477,745
Estimated for year ending June 30, 2018
9.6% of Total Expenditures
Ending Fund Balance – $ 1,480,121
5.6% of Total Expenditures
Fund Balance

9. Potential Future Changes Timeline
Pending Items
The Department of Education has not notified the District the actual per pupil rate. It is adjusted for local support (sales and property taxes) for the second year of each biennium. It is currently set at $7,202.
LP Insurance Services is still negotiating with insurance companies and it is hoped that the premiums will not be finalized at the currently projected increase of 18%.
Public Hearing – May 23, 2018
Any changes known prior to the public hearing will be made for the final budget. The changes will shared with the Trustees.
The final budget is due to on June 8, 2018
Potential Future Changes Timeline