Board Report June 2024

Pontiac #90 Budget Amendment FY2024 SUMMARY

June 17, 2024 7:00 PM Budget Hearing at PTHS Yates Memorial Library

with audited fund balances

Budget Surplus/

DRAFT

Fund Fund

Fund

#

Balance 6/30/2023

Revenues

Expenditures Fund Transfers (Deficit)

Balance 6/30/2024

$6,368,059 $ 10,864,830

Education

10 20

$10,082,002 $1,337,000 $1,025,000

$782,828 $7,150,887 $53,408 $1,132,069 ($75,000) $2,111,229

$1,078,661 $2,186,229

O & M (Bldg)

$1,818,408

($428,000)

Transportation 40 Working Cash 70

$950,000

$92,464

$0

$0

$0

$0

$92,464

TOTAL

$9,725,413 $13,633,238

$12,444,002

($428,000)

$761,236

$10,486,649

Budget Surplus/

DRAFT

Fund Fund

Fund

#

Balance 6/30/2023

Revenues

Expenditures Fund Transfers (Deficit)

Balance 6/30/2024

Debt Services 30

$2,324 $6,181

$0

$428,000 $333,925

$428,000

$0

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

IMRF/SS

50

$338,090

$4,165

Capital Projects 60

$1,630,140

$1,146,000

$2,525,000

($1,379,000)

Tort

80 90

$88,835 $171,895

$134,043 $26,634

$140,000 $32,500

($5,957) ($5,866)

Health/Life Safety

TOTAL

$1,899,375

$1,644,767

$3,459,425

$428,000 ($1,386,658)

Operating

$9,725,413 $13,633,238

$12,444,002 $3,459,425 $15,903,427

($428,000)

$761,236 $10,486,649

Closed TOTAL

$1,899,375

$1,644,767

$428,000 ($1,386,658)

$512,717

$11,624,788 $15,278,005

$0 ($625,422) $10,999,366

H:\Financial\Finance\Budget\Budget Amendment FY2024 Final SUMMARY

6/12/20242:24 PM