budget at a glance fiscal year 2015-2016 · fiscal year 2015-2016 august 24, 2015 community unit...

Fiscal Year 2015-2016

August 24, 2015

Community Unit School District 308

Educational Excellence. Caring Community.

Serving the communities of Aurora, Joliet, Montgomery, Oswego, Plainfield, and Yorkville.

Budget at a Glance

This document has been produced for the purpose of assisting the Board of Education and the Administration in understanding the budget of Community School District 308 for the fiscal year of 2015-2016. The document begins with a summary of the District's financial operations, proceeds with detail by each of the funds, and concludes with the legal budget document.

The legal budget is often referred to as ISBE Form 50-36, which is required to be completed by all school districts in the State. As required by law, the budget is placed on public display for not less than 30 days after publication of a notice in a newspaper circulated in the district, announcing its availability for inspection and giving the date of a public hearing. For this particular budget, the document will be available for public inspection on the district website and in the Community Unit School District 308Administration Center from August 26, 2015 to September 26, 2015. The public hearing is scheduled to be held at 7:00 pm on September 28, 2015 at which time the proposed budget will be presented to the Board for information. The budget adoption deadline is September 30th of each year. Once the budget has been on display for 30 days, it will be adopted at the September 28, 2015 work session where each Board member will be required to sign the cover page. The legal budget is then filed with the State of Illinois, the Kane, Kendall, and Will County Clerk's Offices, and the Regional Office of Education within 30 days of adoption. As also required by law, the legal budget will be posted on Community Unit School District 308's website along with the supplemental information provided in this budget document.

Introduction

Revenue Flow Chart According to the Illinois

School Program Accounting Standards

Fund (Education,

O&M, Debt Service, etc.)

Source (Local,

State, Federal, etc.)

Fund

Estimated 2015‐2016

Revenue % of Total

Education $139,216,773 79.65%Operations & Maintenance $17,284,869 9.89%

Transportation $14,247,489 8.15%

IMRF/SS $3,697,524 2.12%

Working Cash $340,810 0.19%$174,787,465 100.00%

Revenue by Fund ‐ Operating

Education 79.65%

Operations & Maintenance 9.89%

Transportation 8.15% IMRF/SS 2.12%

Working Cash 0.19%

Estimated 2015‐2016 Revenue

Fund


Revenue % of Total

Debt Service $33,561,829 97.52%

Capital Projects $855,000 2.48%$34,416,829 100.00%

Revenue by Fund ‐ Non‐Operating

Debt Service 97.52%

Capital Projects 2.48%

Estimated 2015‐2016 Revenue

FY 2016 District *State

Estimated Percent Average Percent

Local Property Taxes & Other Local

Revenue $104,181,427 59.60% 63.00%

General State Aid & Other State

Funding $65,382,428 37.41% 27.00%

Federal Funding $5,223,610 2.99% 10.00%

$174,787,465 100.00% 100.00%

*State average percentages for revenue sources‐http://webprod1.isbe.net/ilearn/ASP/index.asp

The chart illustrates, the primary source of revenue for Community Unit School District 308 is

local property taxes.

Revenues by Source ‐ Operating


Revenue59.60%


Funding37.41%

Federal Funding2.99%

District Percentages


Revenue 63%


Funding 27%

Federal Funding 10%

State Average Percentages

FY 2016 District

Estimated Percent


Revenue $34,416,829 100.00%$34,416,829 100.00%

Revenues by Source ‐ Non‐Operating

2013 EAV 2012 EAV 2011 EAV 2010 EAV

Category Valuation % of Total Valuation Valuation Valuation Valuation

Farm $22,356,823 1.40% $21,241,077 $20,788,494 $20,529,979 $20,502,946

Residential $1,385,798,195 86.48% $1,366,909,621 $1,485,044,464 $1,609,135,156 $1,737,045,346

Commercial $169,941,063 10.60% $177,776,208 $175,001,412 $178,204,404 $187,991,385

Industrial $22,976,063 1.43% $39,259,855 $25,385,647 $25,374,855 $26,487,748

Mineral $0 0.00% $150 $0 $0 $0

State Railroad $1,461,616 0.09% $1,338,757 $926,270 $967,502 $926,311

Local Railroad $0 0.00% $0 $0 $0 $0County Total $1,602,533,760 100.00% $1,606,525,668 $1,707,146,287 $1,834,211,896 $1,972,953,736

Local Property Taxes

As shown on the previous page, local property taxes are the main source of revenue for Community Unit School District 308. The district's equalized assessed

valuation (EAV), or the property tax base, is a driving factor in calculating this revenue each year.

2014 Equalized Assessed Values

Farm 1.40%

Residential 86.48%

Commercial 10.60% Industrial 1.43%Mineral 0.00% State Railroad 0.09%

Local Railroad 0.00%

District Percentages 2014

General State Aid (GSA) funding from the State of Illinois is directly influenced by student attendance and the Equalized

Assessed Value of local property. The GSA claim for FY2013‐2014 was payable from the State in FY2014‐2015, and the claim

for FY2014‐2015 will be payable in FY 2015‐2016. The charts below illustrate the correlation between GSA dollars received

annually and student attendance.

Each year the State Legislature sets the foundation level of reimbursement for each student. For the past several years, the

level has been $6, 119. However, it is important to note that due to its poor financial condition, the State of Illinois has

reduced (prorated) this figure every year since 2010. Prorated GSA funding in FY 2016 will cost the district $ 4.5 million

dollars. All told, by June 30 2016 District 308 will have been short changed by the State of Illinois, $ 21,175,698 in just the

past 5 years.

General State Aid

Average Daily Attendance is the the average of the highest 3 months attendance of the school year

0.00

2,000.00

4,000.00

6,000.00

8,000.00

10,000.00

12,000.00

14,000.00

16,000.00

18,000.00

04‐05 05‐06 06‐07 07‐08 08‐09 09‐10 10‐11 11‐12 12‐13 13‐14 14‐15 15‐16

Average Daily Attendance History

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

04‐05 05‐06 06‐07 07‐08 08‐09 09‐10 10‐11 11‐12 12‐13 13‐14 14‐15 15‐16

Thousands

General State Aid Funding

Expenditures Flow Chart According to the Illinois

School Program Accounting Standards

Fund (Education,

O&M, Debt Service, etc.)

Function(Instruction, Support

Services, etc.)

Object (Salaries,

Benefits, etc.)

Fund


Expenditures % of Total

Education Fund $138,458,760 80.75%Operations & Maintenance Fund $16,849,822 9.83%

Transportation $11,555,049 6.74%

IMRF $4,592,784 2.68%

$171,456,415 100.00%

Expenditures by Fund ‐ OPERATING

Education Fund80.75%

Operations & Maintenance Fund

9.83%

Transportation6.74%

IMRF2.68%

Estimated 2015‐2016 Expenditures

Fund



Debt Service $33,561,829 91.79%Capital Projects $3,000,000 8.21%

$36,561,829 100.00%

Expenditures by Fund ‐ Non‐Operating

Debt Service91.79%

Capital Projects8.21%


Fund



Salaries $99,830,798 58.23%

Benefits $22,399,424 13.06%

Purchased Services $17,558,848 10.24%

Supplies $10,920,652 6.37%

Capital Outlay $262,829 0.15%

Other Objects $19,939,311 11.63%

Non Capitalized Equipment $544,554 0.32%

Other Use of Funds $0 0.00%

$171,456,415 100.00%

Expenditures by Object ‐ Operating

Salaries58.23%

Benefits13.06%

Purchased Services10.24%

Supplies6.37%

Capital Outlay0.15% Other Objects

11.63%

Non Capitalized Equipment0.32%

Other Use of Funds0.00%


Surplus Other Sources Other Uses of Overall Projected FundUnaudited Estimated Estimated (Deficit) of Funds Surplus Balance

Fund Balances Revenue Expenditures PER ISBE Funds (7000) Funds (8000) (Deficit)Fund # Fund 6/30/2015 (50-36) Page 19 6/30/2016

10 Education $9,522,026 $139,216,773 ($138,458,760) $758,013 $0 $0 $758,013 $10,280,03920 Op's & Maint $2,730,172 $17,284,869 ($16,849,822) $435,047 $0 $0 $435,047 $3,165,21940 Transportation $7,679,817 $14,247,489 ($11,555,049) $2,692,440 $0 $0 $2,692,440 $10,372,25770 Working Cash $12,770,084 $340,810 $0 $340,810 $0 $0 $340,810 $13,110,894

Subtotal - PER ISBE $32,702,099 $171,089,941 ($166,863,631) $4,226,310 $0 $0 $4,226,310 $36,928,40950 IMRF $1,340,520 $3,697,524 ($4,592,784) $0 $0 ($895,260) $445,260

Subtotal Operating Funds $34,042,619 $174,787,465 ($171,456,415) $0 $0 $3,331,050 $37,373,669

30 Debt Service $16,078,894 $33,561,829 ($33,561,829) $0 $0 $0 $16,078,89460 Capital Projects $5,405,673 $855,000 ($3,000,000) $0 $0 ($2,145,000) $3,260,673

Subtotal of Other Funds $21,484,567 $34,416,829 ($36,561,829) $0 $0 ($2,145,000) $19,339,567

Total of All Funds $55,527,186 $209,204,294 ($208,018,244) $0 $0 $1,186,050 $56,713,236

2015-2016 Budget Summary of Fund Balances

Actual Actual Actual Un‐Audited Budget

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $66,793,617 $70,615,253 $72,336,768 $72,754,315 $72,754,315

Other Local Revenue $7,589,160 $8,234,130 $8,663,946 $8,115,629 $8,215,629

General State Aid $27,143,453 $28,566,344 $37,230,703 $41,157,176 $46,157,176

State Programs $5,886,806 $6,835,891 $6,093,437 $6,866,043 $6,866,043

Federal Programs $5,958,897 $3,633,745 $3,981,472 $4,623,610 $5,223,610

Other Sources of Funds $6,028 $54,662 $0

Total Revenue $113,377,961 $117,940,025 $128,306,326 $133,516,773 $139,216,773

Salaries $74,803,388 $78,127,440 $81,304,630 $84,770,355 $88,000,000

Benefits $11,131,401 $13,485,571 $14,210,929 $13,213,611 $15,136,100

Purchased Services $9,080,752 $8,999,027 $11,305,693 $11,619,995 $11,700,000

Supplies and Material $3,308,127 $3,035,641 $4,432,291 $4,773,959 $5,042,660

Capital Outlay $104,213 $139,459 $108,472 $31,670 $80,000

Other Objects $16,805,792 $17,532,282 $17,571,163 $17,952,662 $18,000,000

Non Capitalized Equipment $0 $0 $500,902 $493,782 $500,000

Other Uses of Funds $375,024 $365,695 $0 $0 $0

Total Expenditures $115,608,697 $121,685,115 $129,434,080 $132,856,034 $138,458,760

Beginning Fund Balance $15,964,867 $13,734,131 $9,989,041 $8,861,287 $9,522,026

Net Gain (Loss) ($2,230,736) ($3,745,090) ($1,127,754) $660,739 $758,013

Ending Fund Balance $13,734,131 $9,989,041 $8,861,287 $9,522,026 $10,280,039

Education Fund

The Education Fund is the largest operating fund of Community Unit School District 308 as it supports all of the instructional programs

for the District. It is also the District's largest fund overall and, as noted previously, contains approximately 66.02% of the District's

total revenues and 60.67% of the Districts Total Expenditures.

$0

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

$140,000,000

$160,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Education Fund

Revenue Expenses Fund Balance


FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $12,665,491 $12,394,763 $10,900,945 $10,378,479 $10,378,479



State Programs $0 $91,950 $8,008 $0 $0

Federal Programs $0 $0 $12,611 $0 $0

Other Sources of Funds $0 $0 $0 $0 $0

Total Revenue $15,739,702 $16,343,371 $15,321,056 $14,518,253 $17,284,869

Salaries $6,316,758 $6,466,334 $6,898,962 $6,898,960 $6,990,262

Benefits $1,399,465 $1,382,619 $1,474,942 $1,474,946 $1,475,946



Capital Outlay $160,434 $71,686 $127,221 $181,829 $182,829

Other Objects $533,593 $373,283 $368,925 $382,605 $383,605


Other Uses of Funds $83,561 $0 $0 $0 $0



Net Gain (Loss) $686,760 $1,893,015 ($646,535) ($2,234,267) $435,047



The Operations and Maintenance Fund is the District's second largest operating fund. This fund is specifically used for the upkeep of the

buildings and grounds. Revenue for this Fund is primarily generated from local property taxes. Expenditures for this Fund include salaries

and benefits for custodial, grounds, and maintenance personnel, expenditures for daily cleaning, repairs, and utilities.

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

$20,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016



Debt

Balance as of

06/30/15 Principal + Interest = Total Payments Balance as of 06/30/15 Payoff Date

G.O Capital Appreciation Bond Series 2003C $9,530,584 $3,098,841 $2,231,159 $5,330,000 $6,431,743 2019

G.O Bond Series 2004 $0 $0 $0 $0 $0 2015

G.O Bond Series 2004A $0 $0 $0 $0 $0 2014

G.O Capital Appreciation Bond Series 2005 $7,776,932 $1,143,616 $656,384 $1,800,000 $6,633,316 2019

G.O Refunding Bonds Series 2005A $0 $4,965,000 $124,125 $5,089,125 ($4,965,000) 2016

G.O Bond Series 2007 $86,195,000 $0 $4,086,706 $4,086,706 $86,195,000 2026

G.O Bond Series 2007A $24,895,000 $3,000,000 $1,121,056 $4,121,056 $21,895,000 2023

G.O Capital Appreciation Bond Series 2008 $65,443,062 $0 $0 $0 $65,443,062 2028

G.O Refunding Bonds Series 2009 $0 $735,000 $11,025 $746,025 ($735,000) 2016

G. O. Build America Bonds Series 2010 $0 $0 $0 $0 $0 2030

G. O. School Refunding Bonds Series 2011 $22,840,000 $0 $1,242,500 $1,242,500 $22,840,000 2027

General Obligation Limited Tax Bonds Series 2011A $58,110,000 $590,000 $2,794,188 $3,384,188 $57,520,000 2030

G. O. School Refunding Bonds Series 2011B (GO ARS) $420,000 $385,000 $20,125 $405,125 $35,000 2017

G. O. School Refunding Bonds Series 2012 $28,360,000 $160,000 $1,097,600 $1,257,600 $28,200,000 2022

G. O. School Refunding Bonds Series 2013 $6,770,000 $2,605,000 $354,738 $2,959,738 $4,165,000 2033

G. O. School Refunding Bonds Series 2014 $9,660,000 $0 $402,850 $402,850 $9,660,000 2030

G. O. School Refunding Bonds Series 2015 $12,920,000 $2,250,000 $486,917 $2,736,917 $10,670,000 2030

Total $332,920,577 $18,932,457 $14,629,372 $33,561,829 $313,988,120


FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $24,574,655 $30,679,780 $33,103,364 $33,308,632 $33,561,829

Other Local Revenue $82,368 $16,786 $0

General State Aid $0 $0 $0 $0 $0

State Programs $0 $0 $0 $0 $0

Federal Programs $0 $693,375 $557,997 $388,555 $0

Other Sources of Funds $4,717,816 $985,334 $20,168,041 $16,238,527 $0

Total Revenue $29,374,839 $32,375,275 $53,829,402 $49,935,714 $33,561,829

Purchased Services $282,031 $464,836 $293,489 $0 $0

Other Objects $25,501,132 $29,518,258 $34,104,065 $50,067,563 $33,561,829

Non Capitalized Equipment $0 $0 $0 $0 $0

Other Uses of Funds $0 $0 $19,560,013 $0 $0



Net Gain (Loss) $3,591,676 $2,392,181 ($128,165) ($131,849) $0


The Debt Service Fund (formerly the Bond & Interest Fund) allocates revenue and expenditures to handle the district's debt. The debt is usually in the

form of principal and interest payments for prior bond issuances and outstanding loans. Below is a summary of the outstanding bonds and loans.

Debt Service Fund

2014‐2015 Debt Payments

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Debt Service Fund



FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $3,424,709 $3,728,487 $6,383,931 $7,071,312 $7,071,312

Other Local Revenue $82,994 $95,873 $173,905 $210,638 $210,638

General State Aid $2,365,633 $2,475,283 $1,240,498 $0 $0

State Programs $5,520,353 $7,101,219 $6,871,560 $6,387,539 $6,965,539

Federal Programs $99,999 $0 $0 $0 $0


Total Revenue $11,493,688 $13,400,862 $14,669,894 $13,669,489 $14,247,489

Salaries $3,664,812 $4,048,249 $4,476,691 $4,476,688 $4,840,535

Benefits $1,039,221 $1,119,572 $1,159,834 $1,159,834 $1,194,594


Supplies and Material $985,743 $969,421 $1,073,409 $886,444 $1,044,750

Capital Outlay $175,916 $28,813 $0 $0 $0

Other Objects $1,056,973 $1,274,040 $1,387,786 $1,499,030 $1,555,706




Beginning Fund Balance ($1,808,451) ($360,270) $1,618,051 $5,175,651 $7,679,817

Net Gain (Loss) $1,448,181 $1,978,321 $3,557,600 $2,504,166 $2,692,440

Ending Fund Balance ($360,270) $1,618,051 $5,175,651 $7,679,817 $10,372,257

Transportation Fund

The Transportation Fund supports the District's student transportation program. Revenue from this Fund is received from

property taxes and prorated reimbursement from the State of Illinois. Expenses in this Fund include salaries and benefits

for bus drivers, the Transportation Director, mechanics, and dispatchers, as well as diesel and unleaded fuel, repairs, and

purchases of buses.

($2,000,000)

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Transportation Fund



FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $5,654,286 $4,184,537 $2,665,028 $3,091,025 $3,091,025




Federal Programs $0 $0 $0 $0 $0

Other Sources of Funds $0 $0 $2,607 $0 $0

Total Revenue $5,658,169 $4,186,537 $3,073,029 $3,697,524 $3,697,524

Salaries $0 $0 $0 $0 $0

Benefits $3,994,891 $4,088,101 $4,485,143 $4,527,563 $4,592,784

Purchased Services $0 $0 $0 $0 $0

Supplies and Material $0 $0 $0 $0 $0

Capital Outlay $0 $0 $0 $0 $0

Other Objects $0 $0 $0 $0 $0


Other Uses of Funds $0 $0 $0 $0 $0



Net Gain (Loss) $1,663,278 $98,436 ($1,412,114) ($830,039) ($895,260)

Ending Fund Balance $3,484,237 $3,582,673 $2,170,559 $1,340,520 $445,260

$0

IMRF Social Security Fund

The IMRF Fund includes expenses attributable to the Illinois Municipal Retirement Fund (IMRF) as well as Social

Security and Medicare. Revenue from this Fund comes from the property tax levy and interest earned on investments.

The District pays a Social Security rate of 6.2% for non‐certified salaries and a Medicare rate for 1.45% for both

certified and non‐certified salaries.

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

IMRF and Social Security Fund



FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $0 $0 $0

Other Local Revenue $698,893 $670,000 $1,167,413 $854,460 $855,000


State Programs $0 $0 $234,912 $0 $0


Other Sources of Funds $53,319,331 $0 $52,343 $0 $0

Total Revenue $54,018,224 $670,000 $1,454,668 $854,460 $855,000

Salaries $352,574 $362,141 $356,227 $331,227 $131,000

Benefits $52,761 $41,685 $35,858 $32,752 $10,000

Purchased Services $3,740,083 $1,039,307 $891,596 $321,902 $150,000

Supplies and Material $2,268,587 $1,269,883 $1,527,540 $229,716 $515,000

Capital Outlay $8,080,680 $37,369,126 $8,280,799 $4,332,193 $2,194,000


Non Capitalized Equipment $0 $0 $708,684 $0 $0




Net Gain (Loss) $38,944,011 ($39,976,508) ($10,346,035) ($4,393,330) ($2,145,000)


Capital Projects Fund

The Capital Projects Fund is where the proceeds of all construction bond issue shall be placed. Such monies are to be

spent for the purpose specified in the bond indenture and on the ballot. Such as the acquisition of land, construction

of new buildings, renovation and additions to existing buildings.

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Capital Projects Fund



FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $0 $49,919 $222,337 $329,896 $329,896






Total Revenue $6,028 $54,709 $229,213 $340,810 $340,810

Salaries $0 $0 $0 $0 $0

Benefits $0 $0 $0 $0 $0

Purchased Services $0 $0 $0 $0 $0

Supplies and Material $0 $0 $0 $0 $0

Capital Outlay $0 $0 $0 $0 $0




Total Expenditures $6,028 $54,662 $0 $0 $0


Net Gain (Loss) $0 $47 $229,213 $340,810 $340,810


Working Cash Fund

The Working Cash Fund acts as the District's "savings" account and, likewise, is used for internal borrowing. Revenue for

this Fund is generated from the tax levy and interest earned on investments. Internal borrowing could possibly occur

because of late property tax collections and /or low fund balances. In addition, the Fund is intended to supplement cash

flow to avoid/reduce tax anticipation warrants.

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Working Cash Fund



FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $88,538,103 $90,972,959 $92,509,009 $93,625,027 $93,625,027



State Programs $11,407,159 $14,029,060 $12,973,005 $13,253,582 $13,831,582


Other Sources of Funds $6,028 $54,662 $2,607 $0 $0

Total Revenue $146,275,548 $151,925,504 $161,599,518 $165,742,849 $174,787,465

Salaries $84,784,958 $88,642,023 $92,680,283 $96,146,004 $99,830,798

Benefits $17,564,978 $20,075,863 $21,330,848 $20,375,954 $22,399,424



Capital Outlay $440,563 $239,958 $235,693 $213,499 $262,829

Other Objects $18,396,358 $19,179,605 $19,327,874 $19,834,297 $19,939,311





Net Gain (Loss) $1,567,483 $224,729 $600,410 $441,409 $3,331,050


Operating Funds

Ed, O&M, SS&IMRF, Trans, and WC

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Four Ops FundsEd, O&M, Trans, and WC



FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

Property Tax $113,112,758 $121,652,739 $125,612,373 $126,933,659 $127,186,856



State Programs $11,407,159 $14,029,060 $13,207,917 $13,253,582 $13,831,582


Other Sources of Funds $58,043,175 $1,039,996 $20,222,991 $16,238,527 $0

Total Revenue $229,668,611 $184,970,779 $216,883,588 $216,533,023 $209,204,294

Salaries $85,137,532 $89,004,164 $93,036,510 $96,477,231 $99,961,798

Benefits $17,617,739 $20,117,548 $21,366,707 $20,408,706 $22,409,424



Capital Outlay $8,521,243 $37,609,084 $8,516,492 $4,545,692 $2,456,829

Other Objects $43,897,490 $48,697,863 $53,431,939 $69,901,860 $53,501,140

Non Capitalized Equipment $0 $0 $1,251,058 $529,998 $544,554

Other Uses of Funds $1,058,228 $1,031,049 $19,560,013 $0 $0



Net Gain (Loss) $44,103,170 ($37,359,598) ($9,873,790) ($4,083,770) $1,186,050


Total School District 308

All Funds

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016

ALL FUNDS


budget at a glance fiscal year 2015-2016 · fiscal year 2015-2016 august 24, 2015 community unit...

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