RESOLVED, that this resolution shall be the amended general appropriation of Big Rapids Public Schools for the fiscal year 2006-2007: A resolution to make appropriations; and to provide for the expenditure of the appropriations; and to provide for the disposition of all income received by Big Rapids Public Schools.
BE IT FURTHER RESOLVED, that the proposed budget includes the levying of 18.0000 mills on all non-homestead and non-qualified agricultural property. The revenue generated by this levy will be used for the general operation of Big Rapids Public Schools.
BE IT FURTHER RESOLVED, that the total revenues and unappropriated fund balance estimated to be available for appropriation in the GENERAL FUND of Big Rapids Public Schools for the fiscal year 2006-2007 are as follows:
| REVENUES: |
| |
Adopted |
Amended |
| Local |
$ 4,016,380 |
$ 4,123,080 |
| State |
$ 11,757,840 |
$ 11,717,017 |
| Federal |
$ 784,143 |
$ 672,074 |
| Total |
$16,558,363 |
$ 16,512,171 |
ESTIMATED FUND BALANCE
July 1, 2006 |
$ 1,082,347 |
$ 844,862 |
| TOTAL AVAILABLE TO APPROPRIATE GENERAL FUND |
$17,640,710 |
$ 17,357,033 |
BE IT FURTHER RESOLVED, that $16,777,571 of the total available to appropriate in the GENERAL FUND is hereby appropriated for the purpose set forth below.
| EXPENDITURES: |
| |
Adopted |
Current |
| Basic Program |
$ 5,295,720 |
$ 5365,414 |
| Basic Program-Fringe Benefits |
$ 2,630,832 |
$ 2,664,251 |
| Basic Program-Capital Outlay |
$ 3,250 |
$ 2,250 |
| Added Needs |
$ 1,455,444 |
$ 1,576,757 |
| Added Needs-Fringe Benefits |
$ 668,727 |
$ 675,879 |
| Pupil Support |
$ 640,562 |
$ 606,152 |
| Instructional Support |
$ 508,234 |
$ 514,028 |
| General Administration |
$ 313,751 |
$ 337,898 |
| School Administration |
$ 1,170,376 |
$ 1,135,340 |
| Business |
$ 452,801 |
$ 503,430 |
| Operations/Maintenance |
$ 1,871,098 |
$ 1,859,775 |
| Transportation |
$ 611,876 |
$ 619,729 |
| Central Services |
$ 280,934 |
$ 248,256 |
| Capital Outlay |
$ 31,619 |
$ 31,619 |
| Community Support |
$ 64,601 |
$ 58,455 |
| Outgoing Transfers |
$ 460,253 |
$ 480,053 |
| Debt Service |
$ 98,285 |
$ 98,285 |
| Total Expenditures |
$16,558,363 |
$ 16,777,571 |
| Estimated Fund Balance June 30, 2007 |
$ 1,082,347 |
$ 579,462 |
BE IT FURTHER RESOLVED, that no board of education member or employee of the school district shall expend funds or obligate the expenditure of any funds except pursuant to appropriations made by the board of education and in keeping with the budgetary policy statement hitherto adopted by the board. Changes in the amount appropriated by the board shall require approval by the board.
BE IT FURTHER RESOLVED, that the Superintendent is hereby charged with general supervision on the execution of the budgets adopted by the board and shall hold department heads responsible for performance of their responsibilities within the amounts appropriated by the board of education and in keeping with the budgetary policy statement hitherto adopted by the board.
This appropriation resolution is to take effect on July 1, 2006.
BE IT RESOLVED, that the total revenues and unappropriated fund balance estimated to be available for appropriations in the School Services Fund of Big Rapids Public Schools for the fiscal year 2006-2007 are as follows:
SCHOOL SERVICES FUND
| REVENUES: |
| |
Adopted |
Amended |
| Local |
$ 553,500 |
$ 518,500 |
| State |
$ 9,200 |
$ 44,000 |
| Federal |
$ 525,000 |
$ 552,000 |
| Incoming Transfer |
$ 255,000 |
$ 255,000 |
| Total Revenue |
$ 1,342,700 |
$ 1.369,500 |
ESTIMATED FUND BALANCE
July 1, 2006 |
$ 149,048 |
$ 173,555 |
| TOTAL AVAILABLE TO APPROPRIATE |
$ 1,491,748 |
$ 1,543,055 |
BE IT FURTHER RESOLVED that $1,469,900 of the total available to appropriate in the School Services Fund is hereby appropriated in the amounts and for purposes set forth below:
| EXPENDITURES: |
| Athletic Activities |
$ 345,000 |
| Food Service |
$ 1,124,900 |
| Total Appropriated School Services Fund |
$ 1,469,900 |
| Estimated Fund Balance June 30, 2007 |
$ 73,155 |
BE IT RESOLVED, that the total revenues and unappropriated fund balance estimated to be available for appropriations in the Debt Retirement Funds of Big Rapids Public Schools for the fiscal year 2006-2007 are as follows:
DEBT RETIREMENT FUNDS
| REVENUES: |
| |
Adopted |
Amended |
| Property Tax Levy |
$ 2,767,994 |
$ 2,834,000 |
| Earnings on Investments & Deposits |
$ 32,000 |
$ 36,000 |
| Transfers-In |
$ 61,000 |
$ 72,525 |
| State-Durant |
$ 10,575 |
$ 0 |
| Total Revenue |
$ 2,871,569 |
$ 2,942,525 |
| Estimated Fund Balance July 1, 2006 |
$ 400,000 |
498,669 |
| TOTAL AVAILABLE TO APPROPRIATE |
$ 3,271,569 |
$ 3,441,194 |
BE IT FURTHER RESOLVED that $2,862,705 of the total available to appropriate in the Debt Retirement Fund is hereby appropriated in the amounts and for purposes set forth below:
| EXPENDITURES: |
| |
Adopted |
Amended |
| School Bond Loan Fund |
$ 879,814 |
$ 867,000 |
| Redemption of Principal |
$ 1,002,636 |
$ 995,000 |
| Interest on Bonds |
$ 988,119 |
$ 999,707 |
| Fees |
$ 1,000 |
$ 1,000 |
| Total Appropriated School Services Fund |
$ 2,871,569 |
$ 2,862,707 |
| Estimated Fund Balance June 30, 2007 |
$ 400,000 |
$ 578,487 |
This appropriation resolution is to
take effect on June 25, 2007.
Motion by Bouwman, support by Compton to
approve the General Fund and School Services 2006-07 amended
budgets as recommended by the Assistant Superintendent and
the Superintendent
Ayes: Bouwman, Compton, Hosking, Thomas, Mekaru
Nays: None
Motion declared adopted.
|
