ILLINOIS STATE BOARD OF EDUCATION
School Business Services Division
Accounting Basis:
x
SCHOOL DISTRICT BUDGET FORM *
July 1, 2015 - June 30, 2016
Cash
Accrual
Unbalanced budget, however, a
deficit reduction plan is not
required at this time.
Date of Amended Budget:
(MM/DD/YY)
Lake Zurich CUSD 95
34-049-0950-26
District Name:
District RCDT No:
If your FY15 AFR states that you need to do a deficit reduction plan and your FY16 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
,
and ending
June 30, 2016
.
Lake Zurich CUSD 95
WHEREAS the Board of Education of
Lake
Lake
July 1, 2015
State of Illinois, for the Fiscal Year beginning
County of
, County of
,
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
24th
day of
September
,
15
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, 2015
and ending
June 30, 2016
.
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
15
MEMBERS VOTING YEA:
by a roll call vote of
7
Adopted this
Yeas, and
24th
Nays, to wit:
MEMBERS VOTING NAY:
Doug Goldberg
Scott McConnell
Kathy Brown
Lisa Warren
Eileen Maloney
Anthony Schneider
Chris Ketcham
* 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 30,
whichever comes first. Budgets are submitted to: https://sec1.isbe.net/attachmgr/default.aspx The electronic version does
not require member signatures.
ISBE 50-36 SB2016 Updated 5/13/15
Lake Zurich CUSD 95
34-049-0950-26
H:\Budget\FY2016\FY16 STATE BUDGET FORM
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, 2015 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
3000
4000
8
Receipts/Revenues for "On Behalf" Payments
Total Receipts/Revenues
2
3998
DISBURSEMENTS/EXPENDITURES
INSTRUCTION
SUPPORT SERVICES
COMMUNITY SERVICES
PAYMENTS TO OTHER DISTRICTS & GOVT UNITS
DEBT SERVICES
PROVISION FOR CONTINGENCIES
Total Direct Disbursements/Expenditures
1000
2000
3000
4000
5000
6000
9
20 Disbursements/Expenditures for "On Behalf" Payments 2
21 Total Disbursements/Expenditures
22
23
24
25
26
27
28
29
30
31
1000
2000
4180
Excess of Direct Receipts/Revenues Over (Under) Direct
Disbursements/Expenditures
C
D
E
F
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
G
H
(50)
(60)
Municipal
Capital Projects
Retirement/
Social Security
1,423,437
1,898,196
39,630,587
9,554,038
7,002,614
8,603,852
60,165,772
10,368,299
7,765,597
1,394,266
2,148,165
0
4,430,500
1,711,315
0
150,000
0
0
0
0
2,281,900
0
66,307,587
10,518,299
7,765,597
19,585,931
85,893,518
10,518,299
42,689,217
20,657,253
88,990
1,205,300
0
0
I
J
K
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
L
2,481,098
0
0
47,000
143,925
0
0
0
0
97,275
0
0
0
0
0
0
0
0
3,676,166
2,245,440
47,000
143,925
0
0
7,765,597
3,676,166
2,245,440
47,000
143,925
0
0
10,162,135
0
0
0
0
746,534
1,031,010
2,461
0
0
0
0
0
0
8,133,990
0
8,896,243
0
0
0
0
0
0
0
0
0
0
64,640,760
10,162,135
8,133,990
8,896,243
1,780,005
0
0
0
19,585,931
84,226,691
0
10,162,135
0
8,133,990
0
8,896,243
0
1,780,005
0
0
0
0
0
0
1,666,827
356,164
465,435
47,000
143,925
0
0
0
0
0
(368,393)
(5,220,077)
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
7,000
0
32 Proceeds to O&M Fund
33
34
35
36
37
38
39
40
41
42
43
44
45
46
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
3,930,491
96,541
9,400
213,121
24,177
7400
7500
7600
7700
7800
7900
7990
8
H:\Budget\FY2016\FY16 STATE BUDGET FORM
0
0
7,000
343,239
3,930,491
0
0
9/30/2015
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
Page 3
C
D
E
F
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
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
7,000
8140
8150
8160
Transfer of Interest
Transfer from Capital Projects Fund to O&M Fund
Transfer of Excess Fire Prev & Safety Tax & Interest
0
0
8120
8130
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
9,400
213,121
24,177
343,239
(343,239)
40,954,175
Total Other Sources/Uses of Fund
ESTIMATED ENDING FUND BALANCE June 30, 2016
82
83
84
0
7,000
0
0
0
0
0
0
7,000
9,917,202
336,239
6,970,460
3,930,491
7,314,266
0
1,888,872
0
1,945,196
0
2,625,023
0
0
0
0
SUMMARY OF EXPENDITURES (by Major Object)
Description
85
86
87
88
89
90
91
92
93
94
95
96,541
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
47,836,336
8,870,806
10,377,975
5,204,526
8,000,669
11,847,290
1,475,531
0
93,613,133
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
H:\Budget\FY2016\FY16 STATE BUDGET FORM
45,424,336
6,731,606
4,767,420
2,664,996
344,461
3,437,300
1,270,641
0
64,640,760
895,900
159,850
3,522,355
2,196,030
2,925,000
278,000
185,000
0
10,162,135
3,000
8,130,990
8,133,990
1,516,100
199,345
2,085,200
343,500
4,731,208
1,000
19,890
0
8,896,243
1,780,005
0
1,780,005
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9/30/2015
Page 4
A
B
1
Acct
#
Description
2
3 BEGINNING CASH BALANCE ON HAND July 1, 2015 7
8
4
Total Direct Receipts & Other Sources
5 OTHER RECEIPTS
6
Interfund Loans Payable (Loans from Other Funds)
Interfund Loans Receivable (Repayment of Loans)
7
Notes and Warrants Payable
8
Other Current Assets
9
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 Interfund Loans Receivable (Loans to Other Funds) 10
16 Interfund Loans Payable (Repayment of Loans)
17 Notes and Warrants Payable
18 Other Current Liabilities
19
Total Other Disbursements
20
21
Page 4
SUMMARY OF CASH TRANSACTIONS
H:\Budget\FY2016\FY16 STATE BUDGET FORM
7
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
39,630,587
9,554,038
7,002,614
8,603,852
(50)
Municipal
Retirement/
Social Security
1,423,437
1,898,196
2,481,098
0
0
66,307,587
10,525,299
8,108,836
7,606,657
2,245,440
47,000
143,925
0
0
0
66,307,587
105,938,174
0
10,525,299
20,079,337
0
8,108,836
15,111,450
0
7,606,657
16,210,509
0
2,245,440
3,668,877
0
47,000
1,945,196
0
143,925
2,625,023
0
0
0
0
0
0
64,983,999
10,162,135
8,140,990
8,896,243
1,780,005
0
0
0
0
0
0
0
0
0
0
0
0
0
64,983,999
10,162,135
8,140,990
8,896,243
1,780,005
0
0
0
0
40,954,175
9,917,202
6,970,460
7,314,266
1,888,872
1,945,196
2,625,023
0
0
411
141
433
199
141
411
433
499
Total Direct Disbursements, Other Uses, & Other Disbursements
ENDING CASH BALANCE ON HAND June 30, 2016
C
(10)
Educational
9/30/2015
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
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
1,272,766
900,107
RECEIPTS/REVENUES FROM LOCAL SOURCES
AD VALOREM TAXES LEVIED BY LOCAL EDUCATION AGENCY
Designated Purposes Levies
Leasing Purposes Levy
11
­
12
1130
1140
1150
1160
1170
1190
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
55,459,329
9,935,099
7,758,597
140,125
802,943
1,146,558
56,262,272
9,935,099
7,758,597
1,272,766
2,046,665
0
140,125
0
0
0
0
0
0
PAYMENTS IN LIEU OF TAXES
Mobile Home Privilege Tax
Payments from Local Housing Authority
Corporate Personal Property Replacement Taxes
1210
1220
13
Other Payments in Lieu of Taxes (Describe & Itemize)
Total Payments in Lieu of Taxes
1230
1290
166,000
166,000
100,000
0
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)
1311
1312
1313
1314
79,000
Summer School Tuition from Pupils or Parents (In State)
1321
171,500
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
1322
1323
1324
1331
1332
1333
1334
1341
1342
1343
1344
1351
1352
1353
1354
125,000
375,500
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)
H:\Budget\FY2016\FY16 STATE BUDGET FORM
1411
1412
1413
1415
1416
1421
1422
1423
1424
23,000
85,000
1431
1432
1433
1434
1441
9/30/2015
Page 6
A
B
1
Description
2
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
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
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)
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
1442
1443
1444
1451
1452
1453
1454
108,000
EARNINGS ON INVESTMENTS
Interest on Investments
Gain or Loss on Sale of Investments
Total Earnings on Investments
1510
1520
45,000
10,000
7,000
13,500
1,500
2,000
3,800
45,000
10,000
7,000
13,500
1,500
2,000
3,800
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
350,000
1,080,000
28,000
5,000
1,463,000
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
35,000
1,030,400
95,000
89,600
1,250,000
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
80,000
81,000
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:\Budget\FY2016\FY16 STATE BUDGET FORM
1910
1920
1930
1940
1950
1960
1970
1980
1983
1991
1992
1993
1999
1000
290,000
45,000
10,000
464,000
44,000
0
10,000
3,200
0
0
0
0
0
0
0
5,000
523,000
60,165,772
120,000
423,200
10,368,299
0
7,765,597
0
1,394,266
0
2,148,165
45,000
47,000
0
143,925
0
0
0
0
9/30/2015
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:\Budget\FY2016\FY16 STATE BUDGET FORM
2100
2200
2300
2000
0
3001
3002
3005
3099
2,134,635
2,134,635
3100
3105
3110
3120
3130
3145
3199
3360
3365
3370
3410
3499
0
0
0
0
0
0
21,579
21,579
3305
3310
0
580,000
650,000
969,000
2,199,000
3200
3220
3225
3235
3240
3270
3299
0
0
0
36,786
36,786
2,500
0
32,000
100,900
2,181,000
3500
3510
3599
0
0
2,281,900
0
3610
3660
3695
3705
3715
3720
3725
3726
9/30/2015
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
2,295,865
4,430,500
150,000
150,000
150,000
0
0
2,281,900
2,281,900
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
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
4100
4105
4107
4199
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
4200
4210
4215
4220
4225
4226
4240
4299
145,000
145,000
0
287,688
6,700
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:\Budget\FY2016\FY16 STATE BUDGET FORM
4300
4305
4332
4334
4335
4337
4340
4399
287,688
0
0
6,700
9/30/2015
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
Page 9
ESTIMATED RECEIPTS/REVENUES
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
TITLE IV
Title IV - Safe & Drug Free Schools - Formula
Title IV - 21st Century Comm Learning Centers
Title IV - Other (Describe & Itemize)
Total Title IV
4400
4421
4499
0
0
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
4600
4605
4620
4625
4630
4699
4770
4799
975,000
90,000
1,003,000
0
16,432
16,432
0
0
0
0
90,000
0
4810
ARRA - General State Aid - Education Stabilization
4850
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
Race to the Top - Preschool Expansion Grant
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
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
H:\Budget\FY2016\FY16 STATE BUDGET FORM
28,000
4901
4902
4904
4905
4909
4910
4920
4930
9,000
30,000
0
0
0
0
0
0
500
9/30/2015
Page 10
A
B
1
Description
Acct
#
2
268
269
270
271
Title II - Teacher Quality
Federal Charter Schools
Medicaid Matching Funds - Administrative Outreach
Medicaid Matching Funds - Fee-For-Service Program
4932
4960
4991
4992
272
Other Restricted Grants Received from Federal Government through State
(Describe & Itemize)
4999
273
274
275
Page 10
ESTIMATED RECEIPTS/REVENUES
Total Restricted Grants-In-Aid Received from Federal
Govt. Thru the State
TOTAL RECEIPTS/REVENUES FROM FEDERAL SOURCES
TOTAL DIRECT RECEIPTS/REVENUES
H:\Budget\FY2016\FY16 STATE BUDGET FORM
4000
C
D
E
F
G
H
I
J
K
(10)
Educational
(20)
Operations &
Maintenance
(30)
Debt Service
(40)
Transportation
(50)
Municipal
Retirement/
Social Security
75
(60)
Capital Projects
(70)
Working Cash
(80)
Tort
(90)
Fire Prevention
& Safety
76,695
53,000
84,000
6,500
1,711,315
1,711,315
0
0
0
0
0
0
97,275
97,275
0
0
0
0
0
0
0
66,307,587
10,518,299
7,765,597
3,676,166
2,245,440
47,000
143,925
0
0
9/30/2015
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:\Budget\FY2016\FY16 STATE BUDGET FORM
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
24,503,814
3,275,288
265,379
1,313,752
4,596,500
343,000
609,011
51,150
103,200
7,000
100,575
25,000
1,064,000
1,270,825
339,200
332,000
310,000
960,000
0
147,122
17,211
13,002
42,525
34,724
154,318
0
3,374
195,972
8,160
1000
33,719,339
4,344,351
579,485
1,763,660
2110
2120
2130
2140
2150
1,100,000
742,700
857,440
508,000
635,756
134,205
97,115
93,035
61,975
77,045
2190
2100
3,843,896
463,375
100
3,500
77,100
26,000
91,500
500
198,700
4,200
9,950
16,700
22,000
5,450
1,000
59,300
2210
2220
2230
2200
73,200
729,790
10,000
812,990
965
93,501
120
94,586
376,172
600
68,000
444,772
29,585
122,507
39,793
191,885
290,000
416,660
47,209
124,005
265,000
3,000
36,500
10,000
1,750
8,000
706,660
171,214
703,302
1,007,802
19,750
2410
2490
3,256,736
1,042,125
9,310
21,651
2400
3,256,736
1,042,125
9,310
21,651
2310
2320
2330
2360 2370
2300
2,000
1,400
0
61,524
199,709
49,000
500
2,600
4,000
0
0
44,000
65,500
0
20,500
2,147
2,774
0
0
0
79,621
0
29,467,733
0
7,000
5,418,486
419,150
0
0
0
1,301,328
1,706,991
409,362
375,025
349,324
1,119,718
0
0
25,000
2,090,100
0
0
0
0
0
0
0
0
0
0
42,689,217
0
1,239,505
853,265
1,052,575
619,475
810,751
1,500
4,577,071
0
483,922
946,398
122,913
1,553,233
9,200
23,161
0
25,000
2,090,100
23,161
2,179,600
1,000
6,300
1,000
1,000
1,500
1,000
6,300
1,000
4,500
4,000
0
0
0
0
5,000
9,000
21,500
6,000
1,000
1,125
28,500
1,125
10,400
8,000
10,400
8,000
296,500
347,959
587,290
0
703,302
1,935,051
4,348,222
0
0
4,348,222
9/30/2015
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
Funct
#
2510
2520
2540
2550
2560
2570
2500
Support Services - Central
Direction of Central Support Services
Planning, Research, Development & Evaluation Services
Information Services
Staff Services
Data Processing Services
Total Support Services - Central
2610
2620
2630
2640
2660
2600
Other Support Services (Describe & Itemize)
2900
Total Support Services
COMMUNITY SERVICES (ED)
2000
3000
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
174,500
176,000
48,260
42,940
10,800
311,600
350,500
91,200
5,911
1,565,280
2,000
1,895,591
1,162,000
145,095
355,220
997,961
2,660,276
21,450
11,652,508
52,489
220,270
34,614
114,660
142,570
512,114
2,374,614
12,641
51,500
70,000
130,500
357,600
609,600
500
4,166,275
16,360
250
50,000
2,500
5,000
60,000
12,000
35,000
2,550
12,000
62,250
35,000
10,050
72,000
30,000
2,000
280,000
280,000
1,500
750
3,000
2,500
7,750
321,300
57,700
500
17,500
8,000
513,000
539,000
893,836
7,500
1,057,830
1,089,830
6,565
1,191,020
0
0
0
236,310
645,540
0
5,911
1,626,830
2,000
2,516,591
0
1,465,770
269,959
611,380
3,351,461
5,698,570
28,515
20,657,253
88,990
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
0
0
0
0
0
5,300
4110
4120
4130
4140
4170
4190
4100
5,300
5,300
0
247,000
953,000
5,300
247,000
953,000
0
0
0
0
0
1,200,000
1,200,000
0
0
0
0
0
0
0
0
0
5,300
1,200,000
0
0
1,205,300
0
0
0
0
0
0
0
4210
4220
4230
4240
4270
4280
4290
4200
4310
4320
4330
4340
4370
4380
4390
4300
4400
4000
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:\Budget\FY2016\FY16 STATE BUDGET FORM
5110
5120
5130
5140
5150
5100
9/30/2015
Page 13
A
B
1
Description
2
111
112
113
114
Page 13
ESTIMATED DISBURSEMENTS/EXPENDITURES
Funct
#
Debt Service - Interest on Long-Term Debt
Total Debt Service
5200
5000
PROVISION FOR CONTINGENCIES (ED)
6000
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
0
45,424,336
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)
6,731,606
4,767,420
2,664,996
344,461
3,437,300
H:\Budget\FY2016\FY16 STATE BUDGET FORM
0
1,666,827
2190
0
2510
2530
2540
2550
2560
2500
3000
0
0
10,162,135
0
0
10,162,135
0
10,162,135
0
4120
4140
4190
4100
2900
2000
895,900
159,850
3,522,355
2,196,030
2,925,000
278,000
185,000
895,900
159,850
3,522,355
2,196,030
2,925,000
278,000
185,000
0
895,900
159,850
3,522,355
2,196,030
2,925,000
278,000
185,000
0
0
0
0
0
0
0
0
0
0
0
4400
4000
5110
5120
5130
5140
5150
5100
5200
5000
0
0
6000
895,900
159,850
3,522,355
2,196,030
2,925,000
278,000
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
151
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
1,270,641
0
0
0
64,640,760
185,000
0
0
0
0
0
0
0
0
0
0
10,162,135
356,164
4000
5110
5120
5130
5140
5150
5100
0
0
0
0
0
0
0
0
0
9/30/2015
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
4,612,443
4,612,443
3,518,547
3,518,547
3,000
8,133,990
0
8,133,990
15
5300
5400
5000
3,000
3,000
8,130,990
3,000
8,130,990
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
(368,393)
0
2190
2550
2900
2000
3000
1,516,100
199,345
2,085,200
343,500
4,731,208
1,000
19,890
1,516,100
199,345
2,085,200
343,500
4,731,208
1,000
19,890
0
8,896,243
0
8,896,243
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4110
4120
4130
4140
4170
4190
4100
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
H:\Budget\FY2016\FY16 STATE BUDGET FORM
5110
5120
5130
5140
5150
5100
5200
5300
0
0
0
0
0
0
0
0
5400
0
5000
6000
1,516,100
199,345
2,085,200
343,500
4,731,208
1,000
19,890
0
0
0
0
0
8,896,243
(5,220,077)
1100
1125
1200
1225
1250
1275
1300
293,790
153,818
181,700
31,050
293,790
153,818
181,700
31,050
0
0
0
9/30/2015
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A
B
1
Description
2
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
Page 15
ESTIMATED DISBURSEMENTS/EXPENDITURES
CTE Programs
Interscholastic Programs
Summer School Programs
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:\Budget\FY2016\FY16 STATE BUDGET FORM
Funct
#
1400
1500
1600
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
14,800
32,601
14,525
4,950
4,550
14,750
746,534
14,800
32,601
14,525
4,950
4,550
14,750
0
746,534
2110
2120
2130
2140
2150
2190
2100
15,300
19,105
116,924
7,100
9,000
167,429
15,300
19,105
116,924
7,100
9,000
0
167,429
2210
2220
1,000
33,716
115
34,831
1,000
33,716
115
34,831
13,700
21,085
0
13,700
21,085
0
2230
2200
2310
2320
2330
2361
2362
0
0
0
0
0
2363
2364
2365
2366
2367
34,785
0
0
0
34,785
2410
2490
139,471
139,471
2400
139,471
0
139,471
2510
2520
2530
2540
2550
2560
2570
2500
2,750
31,100
2368
2369
2300
166,000
250,900
450,750
2,750
31,100
0
166,000
250,900
0
0
450,750
9/30/2015
Page 16
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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
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
H:\Budget\FY2016\FY16 STATE BUDGET FORM
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
4120
4140
4000
21,302
24,775
74,025
79,950
200,052
3,692
1,031,010
2,461
0
21,302
24,775
74,025
79,950
200,052
3,692
1,031,010
2,461
0
0
0
0
1,780,005
0
0
0
0
0
0
0
1,780,005
5110
5120
5130
5140
5150
5000
0
6000
0
465,435
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
47,000
0
2361
2362
0
0
0
0
0
2363
2364
2365
2366
9/30/2015
Page 17
A
B
1
Funct
#
Description
2
318
319
320
321
322
323
324
325
326
327
328
329
330
331
Educational, Inspectional, Supervisory Services Related to Loss
Prevention or Reduction
Reciprocal Insurance Payments
Legal Service
Property Insurance (Building & Grounds)
Vehicle Insurance (Transportation)
Total Support Services - General Administration
DEBT SERVICE (TF)
5110
Corporate Personal Property Replacement Tax Anticipation Notes
5130
355
Debt Service - Payments of Principal on Long-Term Debt
(Lease/Purchase Principal Retired)
Total Debt Service
PROVISIONS FOR CONTINGENCIES (FP&S)
Total Direct Disbursements/Expenditures
Excess (Deficiency) of Receipts/Revenues Over
Disbursements/Expenditures
H:\Budget\FY2016\FY16 STATE BUDGET FORM
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
0
0
0
0
0
0
2368
2369
2371
2372
Debt Service - Interest on Short-Term Debt
Tax Anticipation Warrants
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
C
(100)
2367
2000
0
0
0
0
0
0
0
0
5150
5000
0
0
0
0
0
0
6000
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
0
0
0
0
0
2530
2540
2500
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2900
2000
4190
5110
5150
5100
5200
15
0
0
0
4000
0
0
0
0
0
5300
0
0
0
0
0
5000
6000
0
0
0
0
0
0
0
0
9/30/2015
Page 18
Page 18
This page is provided for detailed itemizations as requested within the body of the Report.
1.
2.
3.
4.
Rev - Line 72 - Al a carte Lunch sales
Rev - Line 74 - Other Food Service
Rev - Line 81 - Student Fees for Testing and Outdoor Ed
Rev - Line 92 - Student Technology Fee
Rev - Line 107 - Erate
Rev - Line 171 - State Library Grant (ED), Maintenance/Security Grant (OM),
Rev - Line 272 - DHS Step Grant
Exp - Line 41 - HS Student Assistance
Exp - Line 73 - District Development Position
Exp - Line 83 - Payment to ROE
Exp - Line 165 - Bank Fees
Exp - Line 272 - District Development
H:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015
Page 19
Page 19
A
B
C
D
E
F
TRANSPORTATION
WORKING CASH
TOTAL
1
2 Lake Zurich CUSD 95
3
34-049-0950-26
DEFICIT BUDGET SUMMARY INFORMATION - Operating Funds Only
4
5 Direct Revenues
6 Direct Expenditures
7 Difference
8 Estimated Fund Balance - June 30, 2016
EDUCATIONAL
OPERATIONS &
MAINTENANCE
66,307,587
64,640,760
1,666,827
10,518,299
10,162,135
356,164
3,676,166
8,896,243
(5,220,077)
40,954,175
9,917,202
7,314,266
143,925
143,925
2,625,023
80,645,977
83,699,138
(3,053,161)
60,810,666
Unbalanced budget, however, a deficit reduction plan is not required at
this time.
9
10
11
12
13
14
A deficit reduction plan is required if the local board of education adopts (or amends) the 2015-16 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 2014-2015 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:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015
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
FY2015-16
34-049-0950-26
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
39,630,587
9,554,038
8,603,852
2,481,098
60,269,575
60,165,772
10,368,299
1,394,266
143,925
72,072,262
0
4,430,500
1,711,315
66,307,587
0
150,000
0
10,518,299
0
2,281,900
0
3,676,166
0
0
143,925
0
6,862,400
1,711,315
80,645,977
42,689,217
20,657,253
88,990
1,205,300
0
0
64,640,760
10,162,135
0
0
0
0
10,162,135
8,896,243
0
0
0
0
8,896,243
1,666,827
356,164
0
343,239
7,000
0
(5,220,077)
42,689,217
39,715,631
88,990
1,205,300
0
0
83,699,138
143,925
(3,053,161)
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:\Budget\FY2016\FY16 STATE BUDGET FORM
(343,239)
40,954,175
3,930,491
0
0
0
3,937,491
343,239
7,000
3,930,491
0
3,594,252
9,917,202
7,314,266
2,625,023
60,810,666
9/30/2015
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
FY2016-17
34-049-0950-26
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
40,954,175
INSTRUCTION
SUPPORT SERVICES
COMMUNITY SERVICES
PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS
DEBT SERVICES
PROVISION FOR CONTINGENCIES
7,314,266
2,625,023
60,810,666
0
2000
3000
4000
0
Total Receipts/Revenues
DISBURSEMENTS/EXPENDITURES
9,917,202
Acct
No.
1000
0
0
0
Funct
No.
1000
0
0
0
0
0
0
0
2000
3000
4000
5000
6000
Total Disbursements/Expenditures
0
0
0
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
0
0
0
0
0
0
0
0
0
OTHER SOURCES/USES OF FUNDS
0
0
OTHER SOURCES OF FUNDS (7000)
OTHER USES OF FUNDS (8000)
TOTAL OTHER SOURCES/USES OF FUNDS
ESTIMATED ENDING FUND BALANCE
H:\Budget\FY2016\FY16 STATE BUDGET FORM
0
0
0
0
0
40,954,175
9,917,202
7,314,266
2,625,023
60,810,666
9/30/2015
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
FY2017-18
34-049-0950-26
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
40,954,175
INSTRUCTION
SUPPORT SERVICES
COMMUNITY SERVICES
PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS
DEBT SERVICES
PROVISION FOR CONTINGENCIES
7,314,266
2,625,023
60,810,666
0
2000
3000
4000
0
Total Receipts/Revenues
DISBURSEMENTS/EXPENDITURES
9,917,202
Acct
No.
1000
0
0
0
Funct
No.
1000
0
0
0
0
0
0
0
2000
3000
4000
5000
6000
Total Disbursements/Expenditures
0
0
0
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
0
0
0
0
0
0
0
0
0
OTHER SOURCES/USES OF FUNDS
0
0
0
0
0
0
0
40,954,175
9,917,202
7,314,266
2,625,023
60,810,666
OTHER SOURCES OF FUNDS (7000)
OTHER USES OF FUNDS (8000)
TOTAL OTHER SOURCES/USES OF FUNDS
ESTIMATED ENDING FUND BALANCE
H:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015
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
FY2018-19
34-049-0950-26
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
40,954,175
INSTRUCTION
SUPPORT SERVICES
COMMUNITY SERVICES
PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS
DEBT SERVICES
PROVISION FOR CONTINGENCIES
7,314,266
2,625,023
60,810,666
0
2000
3000
4000
0
Total Receipts/Revenues
DISBURSEMENTS/EXPENDITURES
9,917,202
Acct
No.
1000
0
0
0
Funct
No.
1000
0
0
0
0
0
0
0
2000
3000
4000
5000
6000
Total Disbursements/Expenditures
0
0
0
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
0
0
0
0
0
0
0
0
0
OTHER SOURCES/USES OF FUNDS
0
0
0
0
0
0
0
40,954,175
9,917,202
7,314,266
2,625,023
60,810,666
OTHER SOURCES OF FUNDS (7000)
OTHER USES OF FUNDS (8000)
TOTAL OTHER SOURCES/USES OF FUNDS
ESTIMATED ENDING FUND BALANCE
H:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015
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:
34-049-0950-26
(Enter as MM/DD/YY)
FY2015-16
FY2016-17
FY2017-18
FY2018-19
6
ESTIMATED BEGINNING FUND BALANCE
7
(must equal prior Ending Fund Balance)
60,269,575
60,810,666
60,810,666
60,810,666
72,072,262
0
0
0
0
6,862,400
1,711,315
80,645,977
0
0
0
0
0
0
0
0
0
0
0
0
Total Disbursements/Expenditures
42,689,217
39,715,631
88,990
1,205,300
0
0
83,699,138
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Excess of Receipts/Revenue Over/(Under)
Disbursements/Expenditures
(3,053,161)
0
0
0
3,937,491
343,239
3,594,252
0
0
0
0
0
0
0
0
0
60,810,666
60,810,666
60,810,666
60,810,666
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
Funct
No.
1000
2000
3000
4000
5000
6000
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:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015
Page 25
Page 25
Deficit Reduction Plan-Background/Assumptions
Fiscal Year 2016 through Fiscal Year 2019
Lake Zurich CUSD 95
34-049-0950-26
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:
http://www.isbe.net/sfms/budget/default.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:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015
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:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015
Page 27
Page 27
ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS
(For Local Use Only)
This is an estimated Limitation of Administrative Costs Worksheet only and will not be accepted for Official Submission of the Limitation of
Administrative Costs Worksheet .
The worksheet is intended for use during the budgeting process to estimate the district's percent increase of FY2016 budgeted expenditures over FY2015 actual expenditures.
Budget information is copied to this page. Insert the prior year estimated actual expenditures to compute the estimated percentage increase (decrease).
The official Limitation of Administrative Costs Worksheet is attached to the end of the Annual
Financial Report (ISBE Form 50-35) and may be submitted in conjunction with that report.
An official Limitation of Administrative Costs Worksheet can
also be found on the ISBE website at:
Limitation of Administrative Costs
ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS
WORKSHEET
(Section 17-1.5 of the School Code)
Lake Zurich CUSD 95
School District Name:
34-049-0950-26
RCDT Number:
Estimated Actual Expenditures,
Fiscal Year 2015
(10)
Description
Funct. No.
1. Executive Administration Services
2320
2. Special Area Administration Services
3. Other Support Services - School
Administration
4. Direction of Business Support Services
2330
2490
5. Internal Services
2570
2510
Educational
(20)
Operations &
Maintenance
330,373
589,842
218,201
1,640
6. Direction of Central Support Services
2610
7. Deduct - Early Retirement or other pension obligations
required by state law and include above
8.
Totals
9. Estimated Percent Increase (Decrease) for FY2016
(Budgeted) over FY2015 (Actual)
H:\Budget\FY2016\FY16 STATE BUDGET FORM
Budgeted Expenditures,
Fiscal Year 2016
(10)
Total
(20)
Operations &
Maintenance
Educational
Total
330,373
589,842
347,959
587,290
347,959
587,290
0
0
0
218,201
1,640
0
236,310
2,000
0
0
236,310
2,000
0
0
1,140,056
0
1,140,056
0
1,173,559
0
1,173,559
3%
9/30/2015
Page 28
Page 28
REPORTING OF PUBLIC VENDOR CONTRACTS OF $1,000 OR MORE
Lake Zurich CUSD 95
34-049-0950-26
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
Coca Cola
A.H. Vending
Visual Image Photography
Lifetouch
Target
Color Portraits
Product or Service
Provided
Drinks
Snacks
Photographic Services
Photographic Services
Rebate on Sales
Photographic Services
H:\Budget\FY2016\FY16 STATE BUDGET FORM
Net Revenue
6,119
1,379
3,573
5,651
3,854
6,528
Non-Monetary
Remuneration
Purpose of Proceeds
Distribution Method and Recipient of
Non-Monetary Remunerations
Distributed
Student Activity
Student Activity
Student Activity
Student Activity/Teacher
Student Activity
Student Activity
9/30/2015
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).
3
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
4
Requires notification to the county clerk to abate an equal amount from taxes next extended. See section 10-22.14
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
Working Cash Fund loans may be made to any district fund for which taxes are levied (Section 20-5 of the School Code).
11
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:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015
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?
If required, is Deficit Reduction Plan Completed (Page: DefReductPlan 20-24)?
Message
Deficit reduction plan is not required.
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 2015 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, 2015, (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
OK
Municipal Retirement/Social Security (Fund 50 - Cell G3)
Capital Projects (Fund 60 - Cell H3)
OK
Working Cash (Fund 70 - Cell I3)
OK
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, 2016, (Page CashSum 4 - All Funds), cannot be negative.
Educational (Fund 10 - Cell C21)
OK
Operations & Maintenance (Fund 20 - Cell D21)
OK
OK
Debt Service (Fund 30 - Cell E21)
OK
Transportation (Fund 40 - F21)
Municipal Retirement/Social Security (Fund 50 - Cell G21)
OK
Capital Projects (Fund 60 - H21)
OK
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:\Budget\FY2016\FY16 STATE BUDGET FORM
9/30/2015