ILLINOIS STATE BOARD OF EDUCATION
School Business Services Division
Accounting Basis:
x
SCHOOL DISTRICT BUDGET FORM *
July 1, 2014 - June 30, 2015
Cash
Accrual
Balanced budget, no deficit
reduction plan is required.
Date of Amended Budget:
(MM/DD/YY)
Lake Zurich CUSD 95
34-049-095-026
District Name:
District RCDT No:
If your FY14 AFR states that you need to do a deficit reduction plan and your FY15 budget is balanced please state the
measures you took to have your budget become balanced. (Bckgrnd-Assumpt 25-26)
Lake Zurich CUSD 95
Budget of
State of Illinois, for the Fiscal Year beginning
Lake
Lake
,
and ending
June 30, 2015
.
Lake Zurich CUSD 95
WHEREAS the Board of Education of
County of
, County of
July 1, 2014
,
School District No.
State of Illinois, caused to be prepared in tentative form a budget, and the Secretary
,
of this Board has made the same conveniently available to public inspection for at least thirty days prior to final action thereon;
AND WHEREAS a public hearing was held as to such budget on the
30th day of
September
,
14
20
,
notice of said hearing was given at least thirty days prior thereto as required by law, and all other legal requirements have been complied
with;
NOW, THEREFORE, Be it resolved by the Board of Education of said district as follows:
Section 1: That the fiscal year of this school district be and the same hereby is fixed and declared to be
beginning
July 1, 2014
and ending
June 30, 2015
.
Section 2: That the following budget containing an estimate of amounts available in each Fund, separately, and expenditures from each
be and the same is hereby adopted as the budget of this school district for said fiscal year.
ADOPTION OF BUDGET
The budget shall be approved and signed below by members of the School Board.
day of
September
, 20
14
by a roll call vote of
MEMBERS VOTING YEA:
Adopted this
Yeas, and
30th
Nays, to wit:
MEMBERS VOTING NAY:
Kathy Brown
Lisa Warren
Eileen Maloney
Scott McConnell
Doug Goldberg
Tony Peietro
James Burke
* Based on the 23 Illinois Administrative Code-Part 100 and inconformity with Section 17-1 of the School Code.
(1) A certified copy of this document must be filed with the county clerk within 30 days of adoption as required
by Section 18-50 of the Property Tax Code (35 ILCS 200/18-50).
(2) Districts are required to submit the adopted/amended budget electronically to ISBE within 30 days of adoption or by October 31,
whichever comes first. Budgets are submitted to: www.isbe.net/sfms/budget/2014/budget.htm. The electronic version does
not require member signatures.
ISBE 50-36 SB2015 Updated 5/1/14
Lake Zurich CUSD 95
34-049-095-026
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
BUDGET SUMMARY
Page 2
A
1
B
Begin entering data on EstRev 5-10 and EstExp 11-17 tabs.
Acct
#
Description
2
3 ESTIMATED BEGINNING FUND BALANCE July 1, 2014 1
4 RECEIPTS/REVENUES
5 LOCAL SOURCES
FLOW-THROUGH RECEIPTS/REVENUES FROM ONE
6 DISTRICT TO ANOTHER DISTRICT
7 STATE SOURCES
8 FEDERAL SOURCES
9
10
11
12
13
14
15
16
17
18
19
Total Direct Receipts/Revenues
Total Direct Disbursements/Expenditures
22
23
24
25
26
27
28
29
30
31
2
F
(40)
Transportation
H
58,794,035
9,918,533
7,779,670
1,720,717
2,002,511
0
4,718,412
1,589,932
0
75,000
0
0
0
0
2,188,000
0
65,102,379
9,993,533
7,779,670
13,166,992
78,269,371
0
9,993,533
0
7,779,670
1000
2000
3000
4000
5000
6000
42,276,593
19,946,248
101,458
1,275,300
0
0
63,599,599
11,493,264
0
0
0
0
11,493,264
4180
13,166,992
76,766,591
0
11,493,264
1,502,780
(1,499,731)
1000
2000
Excess of Direct Receipts/Revenues Over (Under) Direct
Disbursements/Expenditures
I
J
K
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
L
2,374,061
0
0
18,075
106,052
0
0
0
100
104,059
0
0
0
0
0
0
0
0
3,908,717
2,106,670
18,075
106,052
0
0
0
3,908,717
0
2,106,670
0
18,075
106,052
0
0
0
0
725,969
1,127,855
3,427
0
0
0
1,857,251
0
0
0
8,139,544
0
8,139,544
3,842,475
0
0
0
0
3,842,475
0
0
0
0
0
0
0
0
0
0
8,139,544
0
3,842,475
0
1,857,251
0
0
0
0
0
0
66,242
249,419
18,075
106,052
0
0
0
0
0
(359,874)
0
0
OTHER SOURCES/USES OF FUNDS
OTHER SOURCES OF FUNDS (7000)
PERMANENT TRANSFER FROM VARIOUS FUNDS
Abolishment the Working Cash Fund
16
7110
16
7110
Abatement of the Working Cash Fund
Transfer of Working Cash Fund Interest
Transfer Among Funds
Transfer of Interest
Transfer from Capital Projects Fund to O&M Fund
Transfer of Excess Fire Prev & Safety Tax & Interest
7120
7130
7140
7150
7160
3
9,000
0
32 Proceeds to O&M Fund
33
34
35
36
37
38
39
40
41
42
43
44
45
46
G
(50)
(60)
Municipal
Capital Projects
Retirement/
Social Security
1,000,317
69,679
8,919,228
9
20 Disbursements/Expenditures for "On Behalf" Payments
21 Total Disbursements/Expenditures
E
(30)
Debt Service
7,005,181
3998
DISBURSEMENTS/EXPENDITURES
INSTRUCTION
SUPPORT SERVICES
COMMUNITY SERVICES
PAYMENTS TO OTHER DISTRICTS & GOVT UNITS
DEBT SERVICES
PROVISION FOR CONTINGENCIES
D
(20)
Operations &
Maintenance
10,360,894
3000
4000
2
C
(10)
Educational
36,367,498
8
Receipts/Revenues for "On Behalf" Payments
Total Receipts/Revenues
Page 2
0
Transfer of Excess Accumulated Fire Prev & Safety Bond and Int
Proceeds to Debt Service Fund
SALE OF BONDS (7200)
3a
4
0
7210
Principal on Bonds Sold
Premium on Bonds Sold
Accrued Interest on Bonds Sold
5
Sale or Compensation for Fixed Assets
Transfer to Debt Service to Pay Principal on Capital Leases
Transfer to Debt Service Fund to Pay Interest on Capital Leases
Transfer to Debt Service Fund to Pay Principal on Revenue Bonds
Transfer to Debt Service Fund to Pay Interest on Revenue Bonds
Transfer to Capital Projects Fund
ISBE Loan Proceeds
Other Sources Not Classified Elsewhere
Total Other Sources of Funds
7170
7220
7230
7300
104,933
1,008
214,474
45,329
7400
7500
7600
7700
7800
7900
7990
8
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
0
0
9,000
365,744
0
0
0
10/6/2014
BUDGET SUMMARY
Page 3
A
1
B
Begin entering data on EstRev 5-10 and EstExp 11-17 tabs.
Acct
#
Description
2
47
49
50
51
52
53
54
C
D
E
F
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
Page 3
G
H
(50)
(60)
Municipal
Capital Projects
Retirement/
Social Security
I
J
K
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
L
OTHER USES OF FUNDS (8000)
TRANSFER TO VARIOUS OTHER FUNDS (8100)
Abolishment or Abatement of the Working Cash Fund
Transfer of Working Cash Fund Interest
Transfer Among Funds
16
8110
6
Transfer of Interest
Transfer from Capital Projects Fund to O&M Fund
Transfer of Excess Fire Prev & Safety Tax & Interest
0
0
8120
8130
9,000
8140
8150
8160
3
55 Proceeds to O&M Fund
3a
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
Transfer of Excess Accumulated Fire Prev & Safety Bond
and Int Proceeds to Debt Service Fund
Taxes Pledged to Pay Principal on Capital Leases
Grants/Reimbursements Pledged to Pay Principal on Capital Leases
Other Revenues Pledged to Pay Principal on Capital Leases
Fund Balance Transfers Pledged to Pay Principal on Capital Leases
Taxes Pledged to Pay Interest on Capital Leases
Grants/Reimbursements Pledged to Pay Interest on Capital Leases
Other Revenues Pledged to Pay Interest on Capital Leases
Fund Balance Transfers Pledged to Pay Interest on Capital Leases
Taxes Pledged to Pay Principal on Revenue Bonds
Grants/Reimbursements Pledged to Pay Principal on Revenue Bonds
Other Revenues Pledged to Pay Principal on Revenue Bonds
Fund Balance Transfers Pledged to Pay Principal on Revenue Bonds
Taxes Pledged to Pay Interest on Revenue Bonds
Grants/Reimbursements Pledged to Pay Interest on Revenue Bonds
Other Revenues Pledged to Pay Interest on Revenue Bonds
Fund Balance Transfers Pledged to Pay Interest on Revenue Bonds
Taxes Transferred to Pay for Capital Projects
Grants/Reimbursements Pledged to Pay for Capital Projects
Other Revenues Pledged to Pay for Capital Projects
Fund Balance Transfers Pledged to Pay for Capital Projects
Transfer to Debt Service Fund to Pay Principal on ISBE Loans
Other Uses Not Classified Elsewhere
Total Other Uses of Funds
8170
8410
8420
8430
8440
8510
8520
8530
8540
8610
8620
8630
8640
8710
8720
8730
8740
8810
8820
8830
8840
8910
8990
9
1,008
214,474
45,329
365,744
(365,744)
37,504,534
Total Other Sources/Uses of Fund
ESTIMATED ENDING FUND BALANCE June 30, 2015
82
83
84
0
9,000
8,870,163
9,000
356,744
7,002,051
0
0
8,985,470
0
0
1,249,736
0
0
87,754
0
0
2,480,113
0
0
0
0
0
0
SUMMARY OF EXPENDITURES (by Major Object)
Description
85
86
87
88
89
90
91
92
93
94
95
104,933
Acct
#
(10)
(20)
(30)
(40)
Educational
Operations &
Maintenance
Debt Service
Transportation
(50)
(60)
Municipal
Capital Projects
Retirement/
Social Security
(70)
(80)
(90)
Working Cash
Tort
Fire Prevention
& Safety
Total By Object
46,586,772
8,761,766
11,147,880
5,044,758
3,956,967
11,816,749
1,617,241
0
88,932,133
Object Name
Salaries
Employee Benefits
Purchased Services
Supplies & Materials
Capital Outlay
Other Objects
Non-Capitalized Equipment
Termination Benefits
Total Expenditures
100
200
300
400
500
600
700
800
44,166,822
6,564,840
4,806,630
2,678,758
273,553
3,578,755
1,530,241
0
63,599,599
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
879,500
151,400
4,655,450
1,937,000
3,683,414
101,500
85,000
0
11,493,264
4,800
8,134,744
8,139,544
1,540,450
188,275
1,681,000
429,000
0
1,750
2,000
0
3,842,475
1,857,251
0
1,857,251
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10/6/2014
Page 4
A
B
1
Acct
#
Description
2
3 BEGINNING CASH BALANCE ON HAND July 1, 2014 7
8
4
Total Direct Receipts & Other Sources
5 OTHER RECEIPTS
6
Interfund Loans Payable (Loans from Other Funds)
7
Interfund Loans Receivable (Repayment of Loans)
8
Notes and Warrants Payable
9
Other Current Assets
10
Total Other Receipts
11
Total Direct Receipts, Other Sources, & Other Receipts
12
Total Amount Available
9
13
Total Direct Disbursements & Other Uses
14 OTHER DISBURSEMENTS
15
16
17
18
19
20
21
Page 4
SUMMARY OF CASH TRANSACTIONS
Interfund Loans Receivable (Loans to Other Funds)
Interfund Loans Payable (Repayment of Loans)
Notes and Warrants Payable
Other Current Liabilities
Total Other Disbursements
10
D
E
F
G
H
I
J
K
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
(60)
Capital
Projects
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
36,367,498
65,102,379
10,360,894
10,002,533
7,005,181
8,145,414
8,919,228
3,908,717
(50)
Municipal
Retirement/
Social Security
1,000,317
2,106,670
0
65,102,379
101,469,877
63,965,343
0
10,002,533
20,363,427
11,493,264
0
8,145,414
15,150,595
8,148,544
0
3,908,717
12,827,945
3,842,475
0
0
0
63,965,343
37,504,534
11,493,264
8,870,163
8,148,544
7,002,051
69,679
18,075
2,374,061
106,052
0
0
0
0
0
2,106,670
3,106,987
1,857,251
0
18,075
87,754
0
0
106,052
2,480,113
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,842,475
8,985,470
1,857,251
1,249,736
0
87,754
0
2,480,113
0
0
0
0
411
141
433
199
141
411
433
499
Total Direct Disbursements, Other Uses, & Other Disbursements
ENDING CASH BALANCE ON HAND June 30, 2015
C
(10)
Educational
7
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
10/6/2014
Page 5
A
B
1
Acct
#
Description
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
Page 5
ESTIMATED RECEIPTS/REVENUES
C
D
E
F
G
H
I
J
K
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
(50)
Municipal
Retirement/
Social Security
(60)
Capital Projects
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
1,615,217
843,870
RECEIPTS/REVENUES FROM LOCAL SOURCES
AD VALOREM TAXES LEVIED BY LOCAL EDUCATION AGENCY
Designated Purposes Levies
11
­
12
Leasing Purposes Levy
Special Education Purposes Levy
FICA and Medicare Only Levies
Area Vocational Construction Purposes Levy
Summer School Purposes Levy
Other Tax Levies (Describe & Itemize)
Total Ad Valorem Taxes Levied by District
1130
1140
1150
1160
1170
1190
54,637,700
9,305,533
7,771,670
102,652
436,535
1,057,641
55,074,235
9,305,533
55,000
100,000
55,000
100,000
7,771,670
1,615,217
1,901,511
0
102,652
0
0
0
0
0
0
PAYMENTS IN LIEU OF TAXES
Mobile Home Privilege Tax
Payments from Local Housing Authority
1210
1220
13
Corporate Personal Property Replacement Taxes
Other Payments in Lieu of Taxes (Describe & Itemize)
Total Payments in Lieu of Taxes
1230
1290
100,000
0
0
100,000
TUITION
Regular Tuition from Pupils or Parents (In State)
Regular Tuition from Other Districts (In State)
Regular Tuition from Other Sources (In State)
Regular Tuition from Other Sources (Out of State)
Summer School Tuition from Pupils or Parents (In State)
Summer School Tuition from Other Districts (In State)
Summer School Tuition from Other Sources (In State)
Summer School Tuition from Other Sources (Out of State)
CTE Tuition from Pupils or Parents (In State)
CTE Tuition from Other Districts (In State)
CTE Tuition from Other Sources (In State)
CTE Tuition from Other Sources (Out of State)
Special Education Tuition from Pupils or Parents (In State)
Special Education Tuition from Other Districts (In State)
Special Education Tuition from Other Sources (In State)
Special Education Tuition from Other Sources (Out of State)
Adult Tuition from Pupils or Parents (In State)
Adult Tuition from Other Districts (In State)
Adult Tuition from Other Sources (In State)
Adult Tuition from Other Sources (Out of State)
Total Tuition
1311
1312
1313
1314
1321
1322
1323
1324
1331
1332
1333
1334
1341
1342
1343
1344
1351
1352
1353
1354
68,000
226,000
145,000
439,000
TRANSPORTATION FEES
Regular Transportation Fees from Pupils or Parents (In State)
Regular Transportation Fees from Other Districts (In State)
Regular Transportation Fees from Other Sources (In State)
Regular Transportation Fees from Co-curricular Activities (In State)
Regular Transportation Fees from Other Sources (Out of State)
Summer School Transportation Fees from Pupils or Parents (In State)
Summer School Transportation Fees from Other Districts (In State)
Summer School Transportation Fees from Other Sources (In State)
Summer School Transportation Fees from Other Sources
(Out of State)
CTE Transportation Fees from Pupils or Parents (In State)
CTE Transportation Fees from Other Districts (In State)
CTE Transportation Fees from Other Sources (In State)
CTE Transportation Fees from Other Sources (Out of State)
Special Education Transportation Fees from Pupils or Parents
(In State)
Special Education Transportation Fees from Other Districts (In State)
Special Education Transportation Fees from Other Sources (In State)
Special Education Transportation Fees from Other Sources
(Out of State)
Adult Transportation Fees from Pupils or Parents (In State)
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
1411
1412
1413
1415
1416
1421
1422
1423
1424
20,000
75,000
1431
1432
1433
1434
1441
1442
1443
1444
1451
10/6/2014
Page 6
A
B
1
Description
2
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
Page 6
ESTIMATED RECEIPTS/REVENUES
Adult Transportation Fees from Other Districts (In State)
Adult Transportation Fees from Other Sources (In State)
Adult Transportation Fees from Other Sources (Out of State)
Total Transportation Fees
Acct
#
C
D
E
F
G
H
I
J
K
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
(50)
Municipal
Retirement/
Social Security
(60)
Capital Projects
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
1452
1453
1454
95,000
EARNINGS ON INVESTMENTS
Interest on Investments
Gain or Loss on Sale of Investments
Total Earnings on Investments
1510
1520
38,000
8,000
8,000
10,500
1,000
75
3,400
38,000
8,000
8,000
10,500
1,000
75
3,400
0
0
FOOD SERVICE
Sales to Pupils - Lunch
Sales to Pupils - Breakfast
Sales to Pupils - A la Carte
Sales to Pupils - Other (Describe & Itemize)
Sales to Adults
Other Food Service (Describe & Itemize)
Total Food Service
1611
1612
1613
1614
1620
1690
325,000
1,080,000
27,000
3,300
1,435,300
DISTRICT/SCHOOL ACTIVITY INCOME
Admissions - Athletic
Admissions - Other
Fees
Book Store Sales
Other District/School Activity Revenue (Describe & Itemize)
Total District/School Activity Income
1711
1719
1720
1730
1790
44,000
966,500
105,000
95,000
1,210,500
0
TEXTBOOK Income
Rentals - Regular Textbooks
Rentals - Summer School Textbooks
Rentals - Adult/Continuing Education Textbooks
Rentals - Other (Describe)
Sales - Regular Textbooks
Sales - Summer School Textbooks
Sales - Adult/Continuing Education Textbooks
Sales - Other (Describe & Itemize)
Other (Describe & Itemize)
Total Textbooks
1811
1812
1813
1819
1821
1822
1823
1829
1890
1,000
68,000
69,000
OTHER REVENUE FROM LOCAL SOURCES
Rentals
Contributions and Donations from Private Sources
Impact Fees from Municipal or County Governments
Services Provided Other Districts
Refund of Prior Years' Expenditures
Payments of Surplus Moneys from TIF Districts
Drivers' Education Fees
Proceeds from Vendors' Contracts
School Facility Occupation Tax Proceeds
Payment from Other Districts
Sale of Vocational Projects
Other Local Fees (Describe & Itemize)
Other Local Revenues (Describe & Itemize)
Total Other Revenue from Local Sources
Total Receipts/Revenues from Local Sources
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
1910
1920
1930
1940
1950
1960
1970
1980
1983
1991
1992
1993
1999
1000
325,000
18,000
111,000
303,000
41,000
0
85,000
5,000
0
0
0
0
0
0
0
18,000
473,000
58,794,035
90,000
505,000
9,918,533
0
7,779,670
0
1,720,717
0
2,002,511
18,000
18,075
0
106,052
0
0
0
0
10/6/2014
Page 7
Page 7
ESTIMATED RECEIPTS/REVENUES
A
B
1
Description
Acct
#
C
D
E
F
G
H
I
J
K
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
(50)
Municipal
Retirement/
Social Security
(60)
Capital Projects
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
0
0
0
0
2
FLOW-THROUGH RECEIPTS/REVENUES FROM ONE
110 DISTRICT TO ANOTHER DISTRICT
111 Flow-Through Revenue from State Sources
112 Flow-Through Revenue from Federal Sources
113 Other Flow-Through Revenue (Describe & Itemize)
Total Flow-Through Receipts/Revenues From
114
One District to Another District
115 RECEIPTS/REVENUES FROM STATE SOURCES
116 UNRESTRICTED GRANTS-IN-AID
117 General State Aid (Section 18-8.05)
118 General State Aid Hold Harmless/Supplemental
119 Reorganization Incentives (Accounts 3005-3021)
Other Unrestricted Grants-In-Aid From State Sources
120 (Describe & Itemize)
121
Total Unrestricted Grants-In-Aid
122 RESTRICTED GRANTS-IN-AID
123 SPECIAL EDUCATION
124 Special Education - Private Facility Tuition
125 Special Education - Funding for Children Requiring Sp Ed Services
126 Special Education - Personnel
127 Special Education - Orphanage - Individual
128 Special Education - Orphanage - Summer Individual
129 Special Education - Summer School
130 Special Education - Other (Describe & Itemize)
131
Total Special Education
132 CAREER AND TECHNICAL EDUCATION (CTE)
133 CTE - Technical Education - Tech Prep
134 CTE - Secondary Program Improvement (CTEI)
135 CTE - WECEP
136 CTE - Agriculture Education
137 CTE - Instructor Practicum
138 CTE - Student Organizations
139 CTE - Other (Describe & Itemize)
140
Total Career and Technical Education
141 BILINGUAL EDUCATION
142 Bilingual Education - Downstate - TPI and TBE
143 Bilingual Education - Downstate - Transitional Bilingual Education
144
Total Bilingual Education
145 State Free Lunch & Breakfast
146 School Breakfast Initiative
147 Driver Education
148 Adult Education (from ICCB)
149 Adult Education - Other (Describe & Itemize)
150 TRANSPORTATION
151 Transportation - Regular and Vocational
152 Transportation - Special Education
153 Transportation - Other (Describe & Itemize)
154
Total Transportation
155 Learning Improvement - Change Grants
156 Scientific Literacy
157 Truant Alternative/Optional Education
158 Early Childhood - Block Grant
159 Reading Improvement Block Grant
160 Reading Improvement Block Grant - Reading Recovery
161 Continued Reading Improvement Block Grant
162 Continued Reading Improvement Block Grant (2% Set Aside)
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
2100
2200
2300
2000
0
3001
3002
3005
3099
2,050,000
2,050,000
3100
3105
3110
3120
3130
3145
3199
3360
3365
3370
3410
3499
0
0
0
0
2,400
0
0
19,617
19,617
3305
3310
0
860,000
692,295
1,000,000
2,554,695
3200
3220
3225
3235
3240
3270
3299
0
0
0
54,000
100
54,000
3,100
100
33,000
108,000
2,080,000
3500
3510
3599
0
0
2,188,000
0
3610
3660
3695
3705
3715
3720
3725
3726
10/6/2014
Page 8
Page 8
ESTIMATED RECEIPTS/REVENUES
A
B
1
Description
2
163 Chicago General Education Block Grant
164 Chicago Educational Services Block Grant
165 School Safety & Educational Improvement Block Grant
166 Technology - Technology for Success
167 State Charter Schools
168 Extended Learning Opportunities - Summer Bridges
169 Infrastructure Improvements - Planning/Construction
170 School Infrastructure - Maintenance Projects
171 Other Restricted Revenue from State Sources (Describe & Itemize)
172
Total Restricted Grants-In-Aid
173
Total Receipts/Revenues from State Sources
174 RECEIPTS/REVENUES FROM FEDERAL SOURCES
Acct
#
3766
3767
3775
3780
3815
3825
3920
3925
3999
3000
C
D
E
F
G
H
I
J
K
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
(50)
Municipal
Retirement/
Social Security
(60)
Capital Projects
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
4,000
2,668,412
4,718,412
75,000
75,000
75,000
0
0
2,188,000
2,188,000
100
100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
UNRESTRICTED GRANTS-IN-AID RECEIVED DIRECTLY
175 FROM FEDERAL GOVT.
176 Federal Impact Aid
177
178
Other Unrestricted Grants-In-Aid Received Directly from the Federal Govt.
(Describe & Itemize)
Total Unrestricted Grants-In-Aid Received Directly from Fed Govt
4001
4009
RESTRICTED GRANTS-IN-AID RECEIVED DIRECTLY FROM FEDERAL
179 GOVT
180
181
182
183
184
Head Start
Construction (Impact Aid)
MAGNET
Other Restricted Grants-In-Aid Received Directly from Federal Govt.
(Describe & Itemize)
Total Restricted Grants-In-Aid Received Directly
from Federal Govt.
4045
4050
4060
4090
0
RESTRICTED GRANTS-IN-AID RECEIVED FROM FEDERAL
185 GOVT. THRU THE STATE
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
TITLE VI
Title VI - Innovation and Flexibility Formula
Title VI - SEA Projects
Title VI - Rural Education Initiative (REI)
Title VI - Other (Describe & Itemize)
Total Title VI
FOOD SERVICE
Breakfast Start-Up Expansion
National School Lunch Program
Special Milk Program
School Breakfast Program
Summer Food Service Admin/Program
Child and Adult Care Food Program
Fresh Fruit and Vegetables
Food Service - Other (Describe & Itemize)
Total Food Service
TITLE I
Title I - Low Income
Title I - Low Income - Neglected, Private
Title I - Comprehensive School Reform
Title I - Reading First
Title I - Even Start
Title I - Reading First SEA Funds
Title I - Migrant Education
Title I - Other (Describe & Itemize)
Total Title I
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
4100
4105
4107
4199
4200
4210
4215
4220
4225
4226
4240
4299
4300
4305
4332
4334
4335
4337
4340
4399
130,000
130,000
0
235,000
9,986
235,000
0
0
9,986
10/6/2014
Page 9
A
B
1
Description
2
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
Page 9
ESTIMATED RECEIPTS/REVENUES
TITLE IV
Title IV - Safe & Drug Free Schools - Formula
Title IV - 21st Century Comm Learning Centers
Title IV - Other (Describe & Itemize)
Total Title IV
FEDERAL - SPECIAL EDUCATION
Federal Special Education - Preschool Flow-Through
Federal Special Education - Preschool Discretionary
Federal Special Education - IDEA Flow Through
Federal Special Education - IDEA Room & Board
Federal Special Education - IDEA Discretionary
Federal Special Education - IDEA - Other (Describe & Itemize)
Total Federal Special Education
CTE - PERKINS
CTE - Perkins-Title IIIE Tech Prep
CTE - Other (Describe & Itemize)
Total CTE - Perkins
Federal - Adult Education
ARRA - General State Aid - Education Stabilization
ARRA - Title I - Low Income
ARRA - Title I - Neglected, Private
ARRA - Title I - Delinquent, Private
ARRA - Title I - School Improvement (Part A)
ARRA - Title I - School Improvement (Section 1003g)
ARRA - IDEA - Part B - Preschool
ARRA - IDEA - Part B - Flow-Through
ARRA - Title IID - Technology - Formula
ARRA - Title IID - Technology - Competitive
ARRA - McKinney - Vento Homeless Education
ARRA - Child Nutrition Equipment Assistance
Impact Aid Formula Grants
Impact Aid Competitive Grants
Qualified Zone Academy Bond Tax Credits
Qualified School Construction Bond Credits
Build America Bond Tax Credits
Build America Bond Interest Reimbursement
ARRA - General State Aid - Other Government Services Stabilization
Other ARRA Funds - II
Other ARRA Funds - III
Other ARRA Funds - IV
Other ARRA Funds - V
ARRA - Early Childhood
Other ARRA Funds - VII
Other ARRA Funds - VIII
Other ARRA Funds - IX
Other ARRA Funds - X
Other ARRA Funds - Ed Job Fund Program
Total Stimulus Programs
Race to the Top Program
Advanced Placement Fee/International Baccalaureate
Title III - Immigrant Education Program (IEP)
Title III - Language Inst Program - Limited English (LIPLEP)
Learn & Serve America
McKinney Education for Homeless Children
Title II - Eisenhower - Professional Development Formula
Title II - Teacher Quality
Federal Charter Schools
Medicaid Matching Funds - Administrative Outreach
Medicaid Matching Funds - Fee-For-Service Program
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
Acct
#
C
D
E
F
G
H
I
J
K
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
(50)
Municipal
Retirement/
Social Security
(60)
Capital Projects
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
0
0
4400
4421
4499
0
4600
4605
4620
4625
4630
4699
4770
4799
0
28,000
910,000
15,500
94,000
953,500
0
16,432
16,432
0
0
0
0
94,000
0
4810
4850
4851
4852
4853
4854
4855
4856
4857
4860
4861
4862
4863
4864
4865
4866
4867
4868
4869
4870
4871
4872
4873
4874
4875
4876
4877
4878
4879
4880
4901
4904
4905
4909
4910
4920
4930
4932
4960
4991
4992
0
0
0
0
0
0
26,000
76,000
73
48,000
105,000
10/6/2014
Page 10
Page 10
ESTIMATED RECEIPTS/REVENUES
A
B
1
Description
Acct
#
C
D
E
F
G
H
I
J
K
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
(50)
Municipal
Retirement/
Social Security
(60)
Capital Projects
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
2
271
272
273
274
Other Restricted Grants Received from Federal Government through State
(Describe & Itemize)
Total Restricted Grants-In-Aid Received from Federal
Govt. Thru the State
TOTAL RECEIPTS/REVENUES FROM FEDERAL SOURCES
TOTAL DIRECT RECEIPTS/REVENUES
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
4999
4000
1,589,932
1,589,932
0
0
0
0
0
0
104,059
104,059
0
0
0
0
0
0
0
65,102,379
9,993,533
7,779,670
3,908,717
2,106,670
18,075
106,052
0
0
10/6/2014
Page 11
A
B
1
Description
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
Page 11
ESTIMATED DISBURSEMENTS/EXPENDITURES
Funct
#
C
D
E
F
G
H
I
J
K
(100)
(200)
(300)
(400)
(500)
(600)
(700)
(800)
(900)
Salaries
Employee
Benefits
Purchased
Services
Supplies &
Materials
Capital Outlay
Other Objects
Non-Capitalized
Equipment
Termination
Benefits
Total
10 - EDUCATIONAL FUND (ED)
INSTRUCTION (ED)
Regular Programs
Tuition Payment to Charter Schools
Pre-K Programs
Special Education Programs (Functions 1200 - 1220)
Special Education Programs Pre-K
Remedial and Supplemental Programs K-12
Remedial and Supplemental Programs Pre-K
Adult/Continuing Education Programs
CTE Programs
Interscholastic Programs
Summer School Programs
Gifted Programs
Driver's Education Programs
Bilingual Programs
Truant Alternative & Optional Programs
Pre-K Programs - Private Tuition
Regular K-12 Programs Private Tuition
Special Education Programs K-12 Private Tuition
Special Education Programs Pre-K Tuition
Remedial/Supplemental Programs K-12 Private Tuition
Remedial/Supplemental Programs Pre-K Private Tuition
Adult/Continuing Education Programs Private Tuition
CTE Programs Private Tuition
Interscholastic Programs Private Tuition
Summer School Programs Private Tuition
Gifted Programs Private Tuition
Bilingual Programs Private Tuition
Truants Alternative/Opt Ed Programs Private Tuition
14
Total Instruction
SUPPORT SERVICES (ED)
Support Services - Pupil
Attendance & Social Work Services
Guidance Services
Health Services
Psychological Services
Speech Pathology & Audiology Services
Other Support Services - Pupils (Describe & Itemize)
Total Support Services - Pupil
Support Services - Instructional Staff
Improvement of Instruction Services
Educational Media Services
Assessment & Testing
Total Support Services - Instructional Staff
Support Services - General Administration
Board of Education Services
Executive Administration Services
Special Area Administration Services
Tort Immunity Services
Total Support Services - General Administration
Support Services - School Administration
Office of the Principal Services
Other Support Services - School Administration
(Describe & Itemize)
Total Support Services - School Administration
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
1100
1115
1125
1200
1225
1250
1275
1300
1400
1500
1600
1650
1700
1800
1900
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1000
24,167,492
3,187,392
299,786
1,342,204
4,457,000
307,250
544,391
48,080
133,500
1,400
210,532
10,000
1,116,000
1,189,951
331,552
319,000
314,000
955,000
0
135,460
18,149
8,168
41,625
34,520
153,225
0
2,500
236,260
49,961
33,157,245
4,171,010
725,907
1,852,237
2110
2120
2130
2140
2150
1,055,000
692,200
819,500
492,000
647,000
130,055
76,821
75,882
54,075
94,300
2190
2100
3,705,700
431,133
100
3,500
1,250
28,000
91,500
500
124,850
3,000
9,950
13,500
23,300
4,450
1,300
55,500
2210
2220
2230
2200
104,150
713,400
10,000
827,550
2,822
95,010
130
97,962
309,808
300
68,000
378,108
26,999
117,682
40,555
185,236
283,000
404,500
46,720
126,365
393,500
3,200
24,000
12,000
2,750
7,500
687,500
173,085
754,132
1,174,832
22,250
2410
2490
3,192,900
1,028,391
10,800
23,308
2400
3,192,900
1,028,391
10,800
23,308
2310
2320
2330
2360 2370
2300
2,500
1,400
0
67,416
181,985
33,000
500
3,200
2,000
0
0
42,300
94,071
0
21,500
8,636
5,034
0
0
0
114,741
0
29,133,245
0
1,400
5,352,423
365,330
0
0
0
1,343,565
1,652,879
422,681
361,125
354,220
1,111,625
0
0
25,000
2,150,100
3,000
0
0
0
0
0
0
0
0
0
42,276,593
0
1,189,155
782,471
911,132
598,875
838,250
1,800
4,321,683
0
447,779
926,392
123,685
1,497,856
7,000
13,553
0
25,000
2,150,100
3,000
13,553
2,241,900
1,000
1,000
1,500
1,000
0
0
4,500
4,000
0
0
5,000
9,000
21,500
6,000
1,000
0
0
427,000
341,670
563,365
28,500
0
16,105
6,000
16,105
6,000
0
754,132
2,086,167
4,277,504
0
0
4,277,504
10/6/2014
Page 12
A
B
1
Description
2
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
Page 12
ESTIMATED DISBURSEMENTS/EXPENDITURES
Support Services - Business
Direction of Business Support Services
Fiscal Services
Operation & Maintenance of Plant Services
Pupil Transportation Services
Food Services
Internal Services
Total Support Services - Business
Support Services - Central
Direction of Central Support Services
Planning, Research, Development & Evaluation Services
Information Services
Staff Services
Data Processing Services
Total Support Services - Central
Other Support Services (Describe & Itemize)
Total Support Services
COMMUNITY SERVICES (ED)
PAYMENTS TO OTHER DISTRICTS & GOVT UNITS (ED)
Payments to Other Govt Units (In-State)
Payments for Regular Programs
Payments for Special Education Programs
Payments for Adult/Continuing Education Programs
Payments for CTE Programs
Payments for Community College Programs
Other Payments to In-State Govt Units (Describe & Itemize)
Total Payments to Districts and Other Govt Units
(In-State)
Payments for Regular Programs - Tuition
Payments for Special Education Programs - Tuition
Payments for Adult/Continuing Education Programs - Tuition
Payments for CTE Programs - Tuition
Payments for Community College Programs - Tuition
Payments for Other Programs - Tuition
Other Payments to In-State Govt Units (Describe & Itemize)
Total Payments to Other Dist & Govt Units - Tuition
(In State)
Payments for Regular Programs - Transfers
Payments for Special Education Programs - Transfers
Payments for Adult/Continuing Ed Programs - Transfers
Payments for CTE Programs - Transfers
Payments for Community College Program - Transfers
Payments for Other Programs - Transfers
Other Payments to In-State Govt Units - Transfers (Describe & Item
Total Payments to Other District & Govt Units Transfers (In State)
Payments to Other District & Govt Units (Out of State)
Total Payments to Other District & Govt Units
Funct
#
2510
2520
2540
2550
2560
2570
2500
2610
2620
2630
2640
2660
2600
2900
2000
3000
4110
4120
4130
4140
4170
4190
4100
C
D
E
F
G
H
I
J
K
(100)
(200)
(300)
(400)
(500)
(600)
(700)
(800)
(900)
Salaries
Employee
Benefits
Purchased
Services
Supplies &
Materials
Capital Outlay
Other Objects
Non-Capitalized
Equipment
Termination
Benefits
Total
169,500
165,000
46,980
44,965
10,800
276,500
100
85,000
15,000
10,000
2,500
5,000
334,500
91,945
6,800
1,590,000
2,000
1,886,100
100,100
10,000
14,500
70,000
792,000
136,000
334,000
946,450
2,208,450
157,200
31,965
211,383
149,645
550,193
30,000
1,000
250,000
250,000
1,500
750
3,000
2,500
7,750
1,295,000
1,326,000
0
10,956,600
52,977
2,372,709
21,121
260,000
66,855
1,415,500
0
51,500
54,000
132,500
246,000
484,000
1,000
4,059,690
15,733
5,300
4400
4000
814,894
11,627
65,000
0
229,380
646,465
0
6,800
1,622,500
2,000
2,507,145
0
1,032,700
245,715
688,883
3,287,595
5,254,893
1,000
19,946,248
101,458
0
0
0
0
0
5,300
5,300
0
265,000
1,005,000
5,300
265,000
1,005,000
0
0
0
0
0
1,270,000
1,270,000
0
0
0
0
0
0
0
0
0
5,300
1,270,000
0
0
1,275,300
0
0
0
0
0
0
0
4210
4220
4230
4240
4270
4280
4290
4200
4310
4320
4330
4340
4370
4380
4390
4300
500
22,000
8,000
398,000
428,500
2,000
10,000
DEBT SERVICE (ED)
Debt Service - Interest on Short-Term Debt
Tax Anticipation Warrants
Tax Anticipation Notes
Corporate Personal Property Repl Tax Anticipated Notes
State Aid Anticipation Certificates
Other Interest on Short-Term Debt (Describe & Itemize)
Total Debt Service - Interest on Short-Term Debt
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
5110
5120
5130
5140
5150
5100
10/6/2014
Page 13
A
B
1
Description
2
111
112
113
114
Page 13
ESTIMATED DISBURSEMENTS/EXPENDITURES
Debt Service - Interest on Long-Term Debt
Total Debt Service
PROVISION FOR CONTINGENCIES (ED)
Funct
#
D
E
F
G
H
I
J
K
(200)
(300)
(400)
(500)
(600)
(700)
(800)
(900)
Salaries
Employee
Benefits
Purchased
Services
Supplies &
Materials
Capital Outlay
Other Objects
Non-Capitalized
Equipment
Termination
Benefits
Total
5200
5000
6000
0
44,166,822
Total Direct Disbursements/Expenditures
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
115
116
117 20 - OPERATIONS AND MAINTENANCE FUND (O&M)
118 SUPPORT SERVICES (O&M)
Support Services - Pupil
119
120
Other Support Services - Pupils (Describe & Itemize)
Support Services - Business
121
Direction of Business Support Services
122
Facilities Acquisition & Construction Services
123
Operation & Maintenance of Plant Services
124
Pupil Transportation Services
125
Food Services
126
127
Total Support Services - Business
128
Other Support Services (Describe & Itemize)
129
Total Support Services
130 COMMUNITY SERVICES (O&M)
131 PAYMENTS TO OTHER DISTRICTS & GOVT UNITS (O&M)
Payments to Other Govt Units (In-State)
132
Payments for Special Education Programs
133
Payments for CTE Program
134
Other Payments to In-State Govt Units (Describe & Itemize)
135
136
Total Payments to Other Govt Units (In-State)
14
137
Payments to Other Govt Units (Out of State)
138
Total Payments to Other District and Govt Unit
139 DEBT SERVICE (O&M)
Debt Service - Interest on Short-Term Debt
140
Tax Anticipation Warrants
141
Tax Anticipation Notes
142
Corporate Personal Prop Repl Tax Anticipated Notes
143
State Aid Anticipation Certificates
144
Other Interest on Short-Term Debt (Describe & Itemize)
145
146
Total Debt Service - Interest on Short-Term Debt
147
Debt Service - Interest on Long-Term Debt
148
Total Debt Service
149 PROVISION FOR CONTINGENCIES (O&M)
150
Total Direct Disbursements/Expenditures
C
(100)
6,564,840
4,806,630
2,678,758
273,553
3,578,755
1,530,241
0
0
0
0
63,599,599
1,502,780
2190
0
2510
2530
2540
2550
2560
2500
2900
2000
3000
0
0
11,493,264
0
0
11,493,264
0
11,493,264
0
879,500
151,400
4,655,450
1,937,000
3,683,414
101,500
85,000
879,500
151,400
4,655,450
1,937,000
3,683,414
101,500
85,000
0
879,500
151,400
4,655,450
1,937,000
3,683,414
101,500
85,000
0
4120
4140
4190
4100
0
0
4400
4000
0
0
5110
5120
5130
5140
5150
5100
5200
5000
6000
0
0
0
0
0
0
0
0
879,500
151,400
4,655,450
1,937,000
3,683,414
101,500
85,000
0
0
0
0
0
0
0
0
0
0
11,493,264
Excess (Deficiency) of Receipts/Revenues Over
151
Disbursements/Expenditures
152
153 30 - DEBT SERVICE FUND (DS)
154 PAYMENTS TO OTHER DISTRICTS & GOVT UNITS (DS)
155 DEBT SERVICE (DS)
Debt Service - Interest on Short-Term Debt
156
Tax Anticipation Warrants
157
Tax Anticipation Notes
158
Corporate Personal Prop Repl Tax Anticipation Notes
159
State Aid Anticipation Certificates
160
Other Interest on Short-Term Debt (Describe & Itemize)
161
162
Total Debt Service - Interest On Short-Term Debt
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
(1,499,731)
4000
5110
5120
5130
5140
5150
5100
0
0
0
0
0
0
0
0
0
10/6/2014
Page 14
A
B
1
Funct
#
Description
2
163
164
165
166
167
168
Debt Service - Interest on Long-Term Debt
Debt Service - Payments of Principal on Long-Term Debt
(Lease/Purchase Principal Retired)
Debt Service Other (Describe & Itemize)
Total Debt Service
PROVISION FOR CONTINGENCIES (DS)
Total Direct Disbursements/Expenditures
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
200
201
202
203
204
C
D
E
F
G
H
I
J
K
(100)
(200)
(300)
(400)
(500)
(600)
(700)
(800)
(900)
Salaries
Employee
Benefits
Purchased
Services
Supplies &
Materials
Capital Outlay
Other Objects
Non-Capitalized
Equipment
Termination
Benefits
Total
5200
4,309,798
4,309,798
3,824,946
3,824,946
4,800
8,139,544
0
8,139,544
15
5300
5400
5000
6000
169
170
171 40 - TRANSPORTATION FUND (TR)
172 SUPPORT SERVICES (TR)
173 Support Services - Pupils
174
Other Support Services - Pupils (Describe & Itemize)
175 Support Services - Business
176
Pupil Transportation Services
177
Other Support Services (Describe & Itemize)
178
Total Support Services
179 COMMUNITY SERVICES (TR)
180 PAYMENTS TO OTHER DISTRICTS & GOVT UNITS (TR)
Payments to Other Govt Units (In-State)
181
Payments for Regular Program
182
Payments for Special Education Programs
183
Payments for Adult/Continuing Education Programs
184
Payments for CTE Programs
185
Payments for Community College Programs
186
Other Payments to In-State Govt Units (Describe & Itemize)
187
188
Total Payments to Other Govt Units (In-State)
189
190
191
192
193
194
195
196
197
198
199
Page 14
ESTIMATED DISBURSEMENTS/EXPENDITURES
Payments to Other Govt Units (Out-of-State)
(Describe & Itemize)
Total Payments to Other Districts & Govt Units
4,800
4,800
8,134,744
4,800
8,134,744
(359,874)
0
2190
2550
2900
2000
3000
1,540,450
188,275
1,681,000
429,000
1,540,450
188,275
1,681,000
429,000
4110
4120
4130
4140
4170
4190
4100
0
1,750
2,000
1,750
2,000
0
3,842,475
0
3,842,475
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4400
4000
DEBT SERVICE (TR)
Debt Service - Interest on Short-Term Debt
Tax Anticipation Warrants
Tax Anticipation Notes
Corporate Personal Prop Repl Tax Anticipation Notes
State Aid Anticipation Certificates
Other Interest on Short-Term Debt (Describe and Itemize)
Total Debt Service - Interest On Short-Term Debt
Debt Service - Interest on Long-Term Debt
Debt Service - Payments of Principal on Long-Term Debt
(Lease/Purchase Principal Retired)
Debt Service - Other (Describe and Itemize)
Total Debt Service
PROVISION FOR CONTINGENCIES (TR)
Total Direct Disbursements/Expenditures
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
15
205
206
207 50 - MUNICIPAL RETIREMENT/SOC SEC FUND (MR/SS)
208 INSTRUCTION (MR/SS)
Regular Program
209
Pre-K Programs
210
Special Education Programs (Functions 1200-1220)
211
Special Education Programs Pre-K
212
Remedial and Supplemental Programs K-12
213
Remedial and Supplemental Programs Pre-K
214
Adult/Continuing Education Programs
215
CTE Programs
216
Interscholastic Programs
217
Summer School Programs
218
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
5110
5120
5130
5140
5150
5100
5200
5300
0
0
0
0
0
0
0
0
5400
5000
6000
0
1,540,450
188,275
1,681,000
429,000
0
1,750
2,000
0
0
0
0
0
3,842,475
66,242
1100
1125
1200
1225
1250
1275
1300
1400
1500
1600
296,026
135,600
169,929
38,251
13,840
35,974
14,636
296,026
135,600
169,929
38,251
0
0
0
13,840
35,974
14,636
10/6/2014
Page 15
A
B
1
Description
2
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
Page 15
ESTIMATED DISBURSEMENTS/EXPENDITURES
Gifted Programs
Driver's Education Programs
Bilingual Programs
Truant Alternative & Optional Programs
Total Instruction
SUPPORT SERVICES (MR/SS)
Support Services - Pupil
Attendance & Social Work Services
Guidance Services
Health Services
Psychological Services
Speech Pathology & Audiology Services
Other Support Services - Pupils (Describe & Itemize)
Total Support Services - Pupil
Support Services - Instructional Staff
Improvement of Instruction Services
Educational Media Services
Assessment & Testing
Total Support Services - Instructional Staff
Support Services - General Administration
Board of Education Services
Executive Administration Services
Special Area Administrative Services
Claims Paid from Self Insurance Fund
Workers' Compensation or Workers' Occupation Disease Acts
Payments
Unemployment Insurance Payments
Insurance Payments (regular or self-insurance)
Risk Management and Claims Services Payments
Judgment and Settlements
Educational, Inspectional, Supervisory Services Related to Loss
Prevention or Reduction
Reciprocal Insurance Payments
Legal Service
Total Support Services - General Administration
Support Services - School Administration
Office of the Principal Services
Other Support Services - School Administration
(Describe & Itemize)
Total Support Services - School Administration
Support Services - Business
Direction of Business Support Services
Fiscal Services
Facilities Acquisition & Construction Services
Operation & Maintenance of Plant Service
Pupil Transportation Services
Food Services
Internal Services
Total Support Services - Business
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
Funct
#
1650
1700
1800
1900
1000
C
D
E
F
G
H
I
J
K
(100)
(200)
(300)
(400)
(500)
(600)
(700)
(800)
(900)
Salaries
Employee
Benefits
Purchased
Services
Supplies &
Materials
Capital Outlay
Other Objects
Non-Capitalized
Equipment
Termination
Benefits
Total
4,660
4,553
12,500
725,969
4,660
4,553
12,500
0
725,969
2110
2120
2130
2140
2150
2190
2100
15,500
18,475
122,000
6,900
8,200
171,075
15,500
18,475
122,000
6,900
8,200
0
171,075
2210
2220
2230
2200
1,213
36,162
375
37,750
1,213
36,162
375
37,750
15,108
21,660
0
15,108
21,660
0
2310
2320
2330
2361
2362
0
0
0
0
0
2363
2364
2365
2366
2367
36,768
0
0
0
36,768
2410
2490
145,740
145,740
2400
145,740
0
145,740
2510
2520
2530
2540
2550
2560
2570
2500
2,450
31,052
2368
2369
2300
160,230
267,915
461,647
2,450
31,052
0
160,230
267,915
0
0
461,647
10/6/2014
Page 16
A
B
1
Description
2
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
Support Services - Central
Direction of Central Support Services
Planning, Research, Development & Evaluation Services
Information Services
Staff Services
Data Processing Services
Total Support Services - Central
Other Support Services (Describe & Itemize)
Total Support Services
COMMUNITY SERVICES (MR/SS)
PAYMENTS TO OTHER DISTRICTS & GOVT UNITS (MR/SS)
Payments for Special Education Programs
Payments for CTE Programs
Total Payments to Other Districts & Govt Units
DEBT SERVICE (MR/SS)
Debt Service - Interest on Short-Term Debt
Tax Anticipation Warrants
Tax Anticipation Notes
Corporate Personal Prop Repl Tax Anticipation Notes
State Aid Anticipation Certificates
Other (Describe & Itemize)
Total Debt Service
PROVISION FOR CONTINGENCIES (MR/SS)
Total Direct Disbursements/Expenditures
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
289
290
291 60 - CAPITAL PROJECTS (CP)
292 SUPPORT SERVICES (CP)
Support Services - Business
293
294
Facilities Acquisition & Construction Services
295
Other Support Services (Describe & Itemize)
296
Total Support Services
297 PAYMENTS TO OTHER DISTRICTS & GOVT UNITS (CP)
Payments to Other Govt Units (In-State)
298
Payments to Other Govt Units (In-State)
299
Payment for Special Education Programs
300
Payment for CTE Programs
301
302
303
304
305
Other Payments to In-State Governmental Units
(Describe & Itemize)
Total Payments to Other Districts & Govt Units
PROVISION FOR CONTINGENCIES (CP)
Total Direct Disbursements/Expenditures
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
306
307
308 70 WORKING CASH FUND (WC)
309
310 80 - TORT FUND (TF)
311 SUPPORT SERVICES - GENERAL ADMINISTRATION
Claims Paid from Self Insurance Fund
312
313
314
315
316
317
318
319
320
321
Page 16
ESTIMATED DISBURSEMENTS/EXPENDITURES
Workers' Compensation or Workers' Occupational Disease Act
Payments
Unemployment Insurance Payments
Insurance Payments (regular or self-insurance)
Risk Management and Claims Services Payments
Judgment and Settlements
Educational, Inspectional, Supervisory Services Related to Loss
Prevention or Reduction
Reciprocal Insurance Payments
Legal Service
Property Insurance (Building & Grounds)
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
Funct
#
C
D
E
F
G
H
I
J
K
(100)
(200)
(300)
(400)
(500)
(600)
(700)
(800)
(900)
Salaries
Employee
Benefits
Purchased
Services
Supplies &
Materials
Capital Outlay
Other Objects
Non-Capitalized
Equipment
Termination
Benefits
Total
2610
2620
2630
2640
2660
2600
2900
2000
3000
1,127,855
3,427
0
17,650
24,200
59,025
174,000
274,875
0
1,127,855
3,427
4120
4140
4000
0
0
0
0
1,857,251
0
0
0
0
0
0
0
1,857,251
17,650
24,200
59,025
174,000
274,875
5110
5120
5130
5140
5150
5000
6000
0
0
249,419
2530
2900
2000
0
0
0
0
0
0
0
0
0
0
0
0
0
4100
4120
4140
4190
0
4000
6000
0
0
0
0
0
0
0
0
0
0
0
0
18,075
0
2361
2362
0
0
0
0
0
2363
2364
2365
2366
2367
0
0
0
0
2368
2369
2371
10/6/2014
Page 17
A
B
1
Funct
#
Description
2
322
323
324
325
326
327
328
329
330
331
Vehicle Insurance (Transportation)
Total Support Services - General Administration
DEBT SERVICE (TF)
Debt Service - Interest on Short-Term Debt
Tax Anticipation Warrants
2372
2000
Other Interest or Short-Term Debt (Describe & Itemize)
Total Debt Service
PROVISION FOR CONTINGENCIES (TF)
Total Direct Disbursements/Expenditures
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
355
Debt Service - Payments of Principal on Long-Term Debt
(Lease/Purchase Principal Retired)
C
D
E
F
G
H
I
J
K
(100)
(200)
(300)
(400)
(500)
(600)
(700)
(800)
(900)
Salaries
Employee
Benefits
Purchased
Services
Supplies &
Materials
Capital Outlay
Other Objects
Non-Capitalized
Equipment
Termination
Benefits
Total
0
0
0
0
0
0
0
0
0
0
5110
Corporate Personal Property Replacement Tax Anticipation Notes
5130
5150
5000
6000
0
0
0
0
0
0
0
332
333
334 90 - FIRE PREVENTION & SAFETY FUND (FP&S)
335 SUPPORT SERVICES (FP&S)
Support Services - Business
336
337
Facilities Acquisition & Construction Services
338
Operation & Maintenance of Plant Service
339
Total Support Services - Business
340
Other Support Services (Describe & Itemize)
341
Total Support Services
342 PAYMENTS TO OTHER DISTRICTS & GOVT UNITS (FP&S)
Other Payments to In-State Govt Units (Describe & Itemize)
343
344
Total Payments to Other Districts & Govt Units (FPS)
345 DEBT SERVICE (FP&S)
Debt Service - Interest on Short-Term Debt
346
Tax Anticipation Warrants
347
Other Interest on Short-Term Debt (Describe & Itemize)
348
349
Total Debt Service - Interest on Short-Term Debt
Debt Service - Interest on Long-Term Debt
350
351
352
353
354
Page 17
ESTIMATED DISBURSEMENTS/EXPENDITURES
0
0
0
0
0
0
0
2530
2540
2500
2900
2000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4190
4000
15
Total Debt Service
PROVISIONS FOR CONTINGENCIES (FP&S)
Total Direct Disbursements/Expenditures
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
0
0
0
0
0
0
0
0
5110
5150
5100
5200
5300
0
0
0
0
0
0
0
0
0
0
5000
6000
0
0
0
0
0
0
0
0
10/6/2014
Page 18
Page 18
This page is provided for detailed itemizations as requested within the body of the Report.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
Line 74 - Other Food Service - $3,300 guarante from vendor for non-NSLP service
Line 81 - Parent fee for outdoor Ed, $75,000; Weight room fee, $2,000, ACT Test Prep Fee, $18,000
Line 92 - Ipad Fee, $68,000
Line 107 - Other Misc. Local
Line 171 - State Library Grant, $4,000 ; State Grants, $75,000
Line 227 - Perkins Grant $16,432
EXP Line 41 - HS Professional Tech Student Services, $500 ; HS Student Assistance Program $1,300
EXP Line 73 - SES Contractual Outside Provider $1,000
EXP Line 83 - Title II Payments to ROE $5,300
EXP Line 165 - Bond Fees $4,800
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
10/6/2014
Page 19
Page 19
A
B
C
D
E
F
TRANSPORTATION
WORKING CASH
TOTAL
1
2 Lake Zurich CUSD 95
3
34-049-095-026
DEFICIT BUDGET SUMMARY INFORMATION - Operating Funds Only
4
5 Direct Revenues
6 Direct Expenditures
7 Difference
8 Estimated Fund Balance - June 30, 2015
EDUCATIONAL
65,102,379
63,599,599
1,502,780
37,504,534
OPERATIONS &
MAINTENANCE
9,993,533
11,493,264
(1,499,731)
8,870,163
3,908,717
3,842,475
66,242
8,985,470
106,052
106,052
2,480,113
79,110,681
78,935,338
175,343
57,840,280
Balanced budget, no deficit reduction plan is required.
9
10
11
12
13
14
A deficit reduction plan is required if the local board of education adopts (or amends) the 2014-15 school district budget in which the “operating
funds” listed above result in direct revenues (line 9) being less than direct expenditures (line 19) by an amount equal to or greater than one-third
(1/3) of the ending fund balance (line 81).
Note: The balance is determined using only the four funds listed above. That is, if the estimated ending fund balance is less than three times
the deficit spending, the district must adopt and file with ISBE a deficit reduction plan to balance the shortfall within three years.
The School Code, Section 17-1 (105 ILCS 5/17-1) - If the 2013-2014 Annual Financial Report (AFR) reflects a deficit as defined above (page 36),
then the school district shall adopt and submit a deficit reduction plan (found here on page 20-24) to ISBE within 30 days after acceptance of the
AFR.
The deficit reduction plan, if required, is developed using ISBE guidelines and format.
15
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
10/6/2014
ILLINOIS STATE BOARD OF EDUCATION
SCHOOL BUSINESS SERVICES DIVISION
Page 20
A
1
2
3
Lake Zurich CUSD 95
4 District Number
5
B
C
D
Page 20
E
F
G
Working Cash
Fund
Total
DEFICIT REDUCTION PLAN
ESTIMATED BUDGET
FY2014-15
34-049-095-026
Educational Fund
6
Operations &
Maintenance Fund
Transportation
Fund
ESTIMATED BEGINNING FUND BALANCE
7
(must equal prior Ending Fund Balance)
RECEIPTS/REVENUES
8
9 LOCAL SOURCES
FLOW-THROUGH RECEIPTS/REVENUES FROM ONE
10 DISTRICT TO ANOTHER DISTRICT
11 STATE SOURCES
12 FEDERAL SOURCES
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
Acct
No.
1000
2000
3000
4000
Total Receipts/Revenues
DISBURSEMENTS/EXPENDITURES
INSTRUCTION
SUPPORT SERVICES
COMMUNITY SERVICES
PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS
DEBT SERVICES
PROVISION FOR CONTINGENCIES
Total Disbursements/Expenditures
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
Funct
No.
1000
2000
3000
4000
5000
6000
36,367,498
10,360,894
8,919,228
2,374,061
58,021,681
58,794,035
9,918,533
1,720,717
106,052
70,539,337
0
4,718,412
1,589,932
65,102,379
0
75,000
0
9,993,533
0
2,188,000
0
3,908,717
0
0
106,052
0
6,981,412
1,589,932
79,110,681
42,276,593
19,946,248
101,458
1,275,300
0
0
63,599,599
11,493,264
0
0
0
0
11,493,264
3,842,475
0
0
0
0
3,842,475
1,502,780
(1,499,731)
0
365,744
(365,744)
37,504,534
9,000
0
9,000
8,870,163
42,276,593
35,281,987
101,458
1,275,300
0
0
78,935,338
66,242
106,052
0
0
0
8,985,470
0
0
0
2,480,113
175,343
OTHER SOURCES/USES OF FUNDS
OTHER SOURCES OF FUNDS (7000)
OTHER USES OF FUNDS (8000)
TOTAL OTHER SOURCES/USES OF FUNDS
ESTIMATED ENDING FUND BALANCE
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
9,000
365,744
(356,744)
57,840,280
10/6/2014
ILLINOIS STATE BOARD OF EDUCATION
SCHOOL BUSINESS SERVICES DIVISION
Page 21
A
1
2
3
Lake Zurich CUSD 95
4 District Number
5
B
H
I
Page 21
J
K
L
Working Cash
Fund
Total
ESTIMATED BUDGET
FY2015-16
34-049-095-026
Educational Fund
6
Operations &
Maintenance Fund
Transportation
Fund
ESTIMATED BEGINNING FUND BALANCE
7
RECEIPTS/REVENUES
8
9 LOCAL SOURCES
FLOW-THROUGH RECEIPTS/REVENUES FROM ONE
10 DISTRICT TO ANOTHER DISTRICT
11 STATE SOURCES
12 FEDERAL SOURCES
13
22
23
24
25
26
27
Total Disbursements/Expenditures
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
8,870,163
8,985,470
2,480,113
Acct
No.
1000
57,840,280
0
2000
3000
4000
0
Total Receipts/Revenues
14 DISBURSEMENTS/EXPENDITURES
15 INSTRUCTION
16 SUPPORT SERVICES
17 COMMUNITY SERVICES
18 PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS
19 DEBT SERVICES
20 PROVISION FOR CONTINGENCIES
21
37,504,534
(must equal prior Ending Fund Balance)
0
0
0
Funct
No.
1000
0
0
0
0
0
0
0
2000
3000
4000
5000
6000
0
0
0
0
0
0
0
0
0
0
0
0
0
2,480,113
0
0
0
57,840,280
OTHER SOURCES/USES OF FUNDS
OTHER SOURCES OF FUNDS (7000)
OTHER USES OF FUNDS (8000)
TOTAL OTHER SOURCES/USES OF FUNDS
ESTIMATED ENDING FUND BALANCE
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
0
37,504,534
0
8,870,163
0
8,985,470
10/6/2014
ILLINOIS STATE BOARD OF EDUCATION
SCHOOL BUSINESS SERVICES DIVISION
Page 22
A
1
2
3
Lake Zurich CUSD 95
4 District Number
5
B
M
N
Page 22
O
P
Q
Working Cash
Fund
Total
ESTIMATED BUDGET
FY2016-17
34-049-095-026
Educational Fund
6
Operations &
Maintenance Fund
Transportation
Fund
ESTIMATED BEGINNING FUND BALANCE
7
RECEIPTS/REVENUES
8
9 LOCAL SOURCES
FLOW-THROUGH RECEIPTS/REVENUES FROM ONE
10 DISTRICT TO ANOTHER DISTRICT
11 STATE SOURCES
12 FEDERAL SOURCES
13
22
23
24
25
26
27
Total Disbursements/Expenditures
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
8,870,163
8,985,470
2,480,113
Acct
No.
1000
57,840,280
0
2000
3000
4000
0
Total Receipts/Revenues
14 DISBURSEMENTS/EXPENDITURES
15 INSTRUCTION
16 SUPPORT SERVICES
17 COMMUNITY SERVICES
18 PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS
19 DEBT SERVICES
20 PROVISION FOR CONTINGENCIES
21
37,504,534
(must equal prior Ending Fund Balance)
0
0
0
Funct
No.
1000
0
0
0
0
0
0
0
2000
3000
4000
5000
6000
0
0
0
0
0
0
0
0
0
0
0
0
0
2,480,113
0
0
0
57,840,280
OTHER SOURCES/USES OF FUNDS
OTHER SOURCES OF FUNDS (7000)
OTHER USES OF FUNDS (8000)
TOTAL OTHER SOURCES/USES OF FUNDS
ESTIMATED ENDING FUND BALANCE
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
0
37,504,534
0
8,870,163
0
8,985,470
10/6/2014
ILLINOIS STATE BOARD OF EDUCATION
SCHOOL BUSINESS SERVICES DIVISION
Page 23
A
1
2
3
Lake Zurich CUSD 95
4 District Number
5
B
R
S
Page 23
T
U
V
Working Cash
Fund
Total
ESTIMATED BUDGET
FY2017-18
34-049-095-026
Educational Fund
6
Operations &
Maintenance Fund
Transportation
Fund
ESTIMATED BEGINNING FUND BALANCE
7
RECEIPTS/REVENUES
8
9 LOCAL SOURCES
FLOW-THROUGH RECEIPTS/REVENUES FROM ONE
10 DISTRICT TO ANOTHER DISTRICT
11 STATE SOURCES
12 FEDERAL SOURCES
13
22
23
24
25
26
27
Total Disbursements/Expenditures
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
8,870,163
8,985,470
2,480,113
Acct
No.
1000
57,840,280
0
2000
3000
4000
0
Total Receipts/Revenues
14 DISBURSEMENTS/EXPENDITURES
15 INSTRUCTION
16 SUPPORT SERVICES
17 COMMUNITY SERVICES
18 PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS
19 DEBT SERVICES
20 PROVISION FOR CONTINGENCIES
21
37,504,534
(must equal prior Ending Fund Balance)
0
0
0
Funct
No.
1000
0
0
0
0
0
0
0
2000
3000
4000
5000
6000
0
0
0
0
0
0
0
0
0
0
0
0
0
2,480,113
0
0
0
57,840,280
OTHER SOURCES/USES OF FUNDS
OTHER SOURCES OF FUNDS (7000)
OTHER USES OF FUNDS (8000)
TOTAL OTHER SOURCES/USES OF FUNDS
ESTIMATED ENDING FUND BALANCE
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
0
37,504,534
0
8,870,163
0
8,985,470
10/6/2014
ILLINOIS STATE BOARD OF EDUCATION
SCHOOL BUSINESS SERVICES DIVISION
Page 24
A
1
2
3
Lake Zurich CUSD 95
4 District Number
5
B
W
Page 24
X
Y
Z
SUMMARY
BUDGET ADDENDUM - DEFICIT REDUCTION PLAN
ESTIMATED BUDGET
Date of Adoption:
34-049-095-026
(Enter as MM/DD/YY)
FY2014-15
6
FY2015-16
FY2016-17
FY2017-18
ESTIMATED BEGINNING FUND BALANCE
7
(must equal prior Ending Fund Balance)
RECEIPTS/REVENUES
8
9 LOCAL SOURCES
FLOW-THROUGH RECEIPTS/REVENUES FROM ONE
10 DISTRICT TO ANOTHER DISTRICT
11 STATE SOURCES
12 FEDERAL SOURCES
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
Acct
No.
1000
2000
3000
4000
Total Receipts/Revenues
DISBURSEMENTS/EXPENDITURES
INSTRUCTION
SUPPORT SERVICES
COMMUNITY SERVICES
PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS
DEBT SERVICES
PROVISION FOR CONTINGENCIES
Total Disbursements/Expenditures
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
Funct
No.
1000
2000
3000
4000
5000
6000
58,021,681
57,840,280
57,840,280
57,840,280
70,539,337
0
0
0
0
6,981,412
1,589,932
79,110,681
0
0
0
0
0
0
0
0
0
0
0
0
42,276,593
35,281,987
101,458
1,275,300
0
0
78,935,338
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
175,343
0
0
0
0
0
0
57,840,280
0
0
0
57,840,280
0
0
0
57,840,280
OTHER SOURCES/USES OF FUNDS
OTHER SOURCES OF FUNDS (7000)
OTHER USES OF FUNDS (8000)
TOTAL OTHER SOURCES/USES OF FUNDS
ESTIMATED ENDING FUND BALANCE
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
9,000
365,744
(356,744)
57,840,280
10/6/2014
Page 25
Page 25
Deficit Reduction Plan-Background/Assumptions
Fiscal Year 2015 through Fiscal Year 2018
Lake Zurich CUSD 95
34-049-095-026
Please complete the following schedule and include a brief description to identify any areas of the budget that will be impacted from one year to the
next. If the deficit reduction plan relies upon new local revenues, identify contingencies for further budget reductions which will be enacted in the event
those new revenues are not available. For additional information, please see:
www.isbe.net/sfms/budget/2014/budget.htm
1. Background and Narrative of Budget Reductions:
2. Assumptions Used in the Deficit Reduction Plan:
- Foundation Levels for General State Aid:
- Equal Assessed Valuation and Tax Rates:
- Employee Salaries and Benefits:
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
10/6/2014
Page 26
Page 26
- Short and Long Term Borrowing:
- Educational Impact:
- Other Assumptions:
- Has the district considered shared services or outsourcing (Ex: Transportation, Insurance) If yes please explain:
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
10/6/2014
Page 28
Page 28
REPORTING OF PUBLIC VENDOR CONTRACTS OF $1,000 OR MORE
Lake Zurich CUSD 95
34-049-095-026
In accordance with the School Code, Section 10-20.21, all school districts are required to file a report listing ‘vendor contracts’ as an attachment to their budget. In this context, the term "vendor
contracts" refers to "all contracts and agreements that pertain to goods and services that were intended to generate additional revenue and other remunerations for the school district in excess of
$1,000, including without limitation vending machine contracts, sports and other attire, class rings, and photographic services. The report is to list information regarding such contracts for the
fiscal year immediately preceding the fiscal year of the budget. All such contracts executed on or after July 1, 2007 must be approved by the school board.
See: School Code, Section 10-20.21 - Contracts
(Sheet is unprotected and can be re-formatted as needed, but must be used for submission)
Name of Vendor
Lifetouch
Coca Cola
Color Portraits
Visual Image Photography
Product or Service
Provided
Student Photos
Vending Machines
Student Photos
Student Photos
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
Net Revenue
5,769
7,324
6,663
3,879
Non-Monetary
Remuneration
Purpose of Proceeds
Distribution Method and Recipient of
Non-Monetary Remunerations
Distributed
Student Activity
Student Activity
Student Activity
Student Activity
10/6/2014
Page 29
REFERENCE PAGE
Page 29
Reference Description
1
Each fund balance should correspond to the fund balance reflected on the books as of June 30th - Balance Sheet Accounts #720 and #730
(audit figures, if available).
2
Accounting and Financial Reporting for Certain Grants and Other Financial Assistance. The "On-Behalf" Payments should only be reflected
on this page (Budget Summary, Lines 10 and 20).
Requires the secretary of the school board to notify the county clerk (within 30 days of the transfer approval) to abate an equal amount of
taxes to be next extended. See Sec. 10-22.14 & 17-2.11.
3a Requires notification to the county clerk to abate an equal amount from taxes next extended. See section 10-22.14
3
4
Principal on Bonds Sold:
(1) Funding Bonds are to be entered in the fund or funds in which the liability occurs.
(2) Refunding Bonds can be entered in the Debt Services Fund only.
(3) Building Bonds can be entered in the Capital Projects Fund only.
(4) Fire Prevention and Safety Bonds can be entered in the Fire Prevention & Safety Fund only.
5
The proceeds from the sale of school sites, buildings, or other real estate shall be used first to pay the principal and interest on any
outstanding bonds on the property being sold, and after all such bonds have been retired, the remaining proceeds from the sale next shall
be used by the school board to meet any urgent district needs as determined under Sections 2-3.12 and 17-2.11 of the School Code. Once
these issues have been addressed, any remaining proceeds may be used for any other authorized purpose and for deposit into any district
fund.
6
The School Code, Section 10-22.44 prohibits the transfer of interest earned on the investment of "any funds for purposes of Illinois
Municipal Retirement under the Pension Code." This prohibition does not include funds for Social Security and Medicare-only purposes.
For additional requirements on interest earnings, see 23 Illinois Administrative Code, Part 100, Section 100.50.
7
Cash plus investments must be greater than or equal to zero.
8
For cash basis budgets, this total will equal the Budget Summary - Total Direct Receipts/Revenues (Line 9) plus Total Other Sources of
Funds (Line 46).
9
For cash basis budgets, this total will equal the Budget Summary - Total Direct Disbursements/Expenditures (Line 19) plus Total Other Uses
of Funds (Line 79).
10
11
Working Cash Fund loans may be made to any district fund for which taxes are levied (Section 20-5 of the School Code).
Include revenue accounts 1110 through 1115, 1117,1118 & 1120.
12
The School Code Section 17-2.2c. Tax for leasing educational facilities or computer technology or both, and for temporary relocation
expense purposes.
13
Corporate personal property replacement tax revenue must be first applied to the Municipal Retirement/Social Security Fund to replace tax
revenue lost due to the abolition of the corporate personal property tax (30 ILCS 115/12). This provision does not apply to taxes levied for
Medicare-Only purposes.
14
Only tuition payments made to private facilities. See Functions 4200 or 4400 for estimated public facility disbursements/expenditures.
15
Payment towards the retirement of lease/purchase agreements or bonded/other indebtedness (principal only) otherwise reported within the
fund - e.g.: alternate revenue bonds. (Describe & Itemize)
16
Only abolishment of Working Cash Fund must transfer its funds directly to the Educational Fund upon adoption of a resolution and
at the close of the current school Year (see 105 ILCS 5/20-8 for further explanation)
Only abatement of working cash fund can transfer its funds to any fund in most need of money
(see 105 ILCS 5/20-10 for further explanation)
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
10/6/2014
Page 30
Page 30
CHECK FOR ERRORS
This worksheet checks various cells to assure that selected items are in balance.
Out-of-balance conditions are accompanied by an error message.
Errors must be corrected before the budget is finalized and submitted to ISBE.
Budget Item References
Is Deficit Reduction Plan Required?
Message
Congratulations! You have a balanced
budget.
If required, is Deficit Reduction Plan Completed (Page: DefReductPlan 20-24)?
1. Cover Page - CASH or ACCRUAL
Check one type of Accounting Basis used on the Cover sheet.
CASH
2. Budget Summary: Other Sources (Page BudgetSum 2-3 - Acct 7000), must equal Other Uses (BudgetSum 2-3 - Acct. 8000).
Estimated Beginning Fund Balance July,1 2014 for all Funds (Cells C3 - K3)(Line must have a
number or zero)
Transfer Among Funds (Funds 10, 20, 40 - Acct 7130 - Cells C29, D29, F29), must equal (Funds
10, 20 & 40 - Acct 8130 - Cells C52, D52, F52).
Transfer of Interest (Funds 10 thru 90 - Acct 7140 - Cells C30:K30), must equal (Funds 10 thru
60, & 80 - Acct 8140 - Cells C53:H53, J53).
Transfer to Debt Service to Pay Principal on Capital Leases (Fund 30 - Acct 7400 - Cell E39)
must equal (Funds 10, 20 & 60 - Acct 8400 Cells C57:H60).
Transfer to Debt Service to Pay Interest on Capital Leases (Fund 30 - Acct 7500 - Cell E40) must
equal (Funds 10, 20 & 60 - Acct 8500 - Cells C61:H64).
Transfer to Debt Service Fund to Pay Principal on Revenue Bonds (Fund 30 - Acct 7600 - Cell
E41) must equal (Funds 10 & 20 - Acct 8600 - Cells C65:D68).
Transfer to Debt Service to Pay Interest on Revenue Bonds (Fund 30 - Acct 7700 - Cell E42)
must equal (Funds 10 & 20 - Acct 8700 - Cells C69:D72).
Transfer to Capital Projects Fund (Fund 60 - Acct 7800 - Cell H43) must equal (Fund 10 & 20,
Acct 8800 - Cells C73:D76).
OK
OK
OK
OK
OK
OK
OK
OK
3. Summary of Cash Transactions: Beginning Cash Balance on Hand July 1, 2014, (CashSum 4, All Funds), cannot be negative.
Educational (Fund 10 - Cell C3)
OK
Operations & Maintenance (Fund 20 - Cell D3)
OK
Debt Service (Fund 30 - Cell E3)
OK
Transportation (Fund 40 - Cell F3)
OK
Municipal Retirement/Social Security (Fund 50 - Cell G3)
OK
Capital Projects (Fund 60 - Cell H3)
OK
OK
Working Cash (Fund 70 - Cell I3)
Tort (Fund 80 - Cell J3)
OK
Fire Prevention & Safety (Fund 90 - Cell K3)
OK
4. Summary of Cash Transactions: Ending Cash Balance on Hand June 30, 2015, (Page CashSum 4 - All Funds), cannot be negative.
Educational (Fund 10 - Cell C21)
OK
Operations & Maintenance (Fund 20 - Cell D21)
OK
Debt Service (Fund 30 - Cell E21)
OK
Transportation (Fund 40 - F21)
OK
OK
Municipal Retirement/Social Security (Fund 50 - Cell G21)
OK
Capital Projects (Fund 60 - H21)
Working Cash (Fund 70 - Cell I21)
OK
Tort (Fund 80 - Cell J21)
OK
Fire Prevention & Safety (Fund 90 - Cell K21)
OK
5. Summary of Cash Transactions: Other Receipts, (Page CashSum 4), must equal Other Disbursements,
(Page CashSum 4).
Interfund Loans Payable (Funds 10:60, 80, 90 - Acct 411 - Cells C6:H6, J6:K6) must equal
Interfund Loans Receivable (Funds 10:20, 40, 70 - Acct 141 - Cells C15:D15, F15, I15).
OK
Interfund Loans Receivable (Funds 10, 20, 40 & 70 - Acct 141 - Cells C7:D7, F7, I7) must equal
Interfund Loans Payable (Funds 10:60, 80, 90 - Acct 411 - Cells C16:H16, J16, K16).
OK
End of Balancing
H:\VCullinan\Budget\FY2015\Copy of State Budget Form FY15
10/6/2014