Board Report August 2024

Pontiac #90 Budget FY2025 SUMMARY - TENTATIVE

with unaudited fund balances

Budget Surplus/

DRAFT

Fund Fund

Fund

#

Balance 6/30/2023

Revenues

Expenditures Fund Transfers (Deficit)

Balance 6/30/2024

$7,150,887 $ 10,902,996

Education

10 20

$10,805,618 $1,219,750 $1,188,500

$97,378 $7,248,265 $126,778 $1,258,847 ($34,132) $2,077,097

$1,132,069 $2,111,229

O & M (Bldg)

$1,774,528 $1,154,368

($428,000)

Transportation 40 Working Cash 70

$92,464

$0

$0

$0

$0

$92,464

TOTAL

$10,486,649 $13,831,892

$13,213,868

($428,000)

$190,024

$10,676,673

Budget Surplus/

DRAFT

Fund Fund

Fund

#

Balance 6/30/2023

Revenues

Expenditures Fund Transfers (Deficit)

Balance 6/30/2024

Debt Services 30

$2,324 $10,346 $251,140 $82,878 $166,029 $512,717

$0

$428,000 $335,225 $550,000 $140,000 $85,000

$428,000

$0

$2,324 $34,077 $251,140 $76,315 $109,336 $473,192

IMRF/SS

50

$358,956 $550,000 $133,437 $28,307

$23,731

Capital Projects 60

$0

Tort

80 90

($6,563) ($56,693) ($39,525)

Health/Life Safety

TOTAL

$1,070,700

$1,538,225

$428,000

Operating

$10,486,649 $13,831,892

$13,213,868 $1,538,225 $14,752,093

($428,000) $428,000

$190,024 $10,676,673

Closed TOTAL

$512,717

$1,070,700

($39,525)

$473,192

$10,999,366 $14,902,592

$0

$150,499 $11,149,865

H:\Financial\Finance\Budget\Budget SUMMARY FY2025 TENTATIVE

8/9/202412:12 PM