Board Report May 2024

Pontiac #90 Budget Amendment FY2024 (Tentative)

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 $ 10,890,000

Education

10 20

$10,282,000 $1,336,460

$608,000 $6,976,059 $540 $1,079,201 ($40,000) $2,146,229

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

O & M (Bldg)

$1,765,000

($428,000)

Transportation 40 Working Cash 70

$950,000

$990,000

$92,464

$0

$0

$0

$0

$92,464

TOTAL

$9,725,413 $13,605,000

$12,608,460

($428,000)

$568,540

$10,293,953

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 $264,140 $72,878 $166,029 $515,717

IMRF/SS

50

$338,090

$4,165

Capital Projects 60

$1,630,140

$1,159,000

$2,525,000

($1,366,000)

Tort

80 90

$88,835 $171,895

$134,043 $26,634

$150,000 $32,500

($15,957) ($5,866)

Health/Life Safety

TOTAL

$1,899,375

$1,657,767

$3,469,425

$428,000 ($1,383,658)

Operating

$9,725,413 $13,605,000

$12,608,460 $3,469,425 $16,077,885

($428,000)

$568,540 $10,293,953

Closed TOTAL

$1,899,375

$1,657,767

$428,000 ($1,383,658)

$515,717

$11,624,788 $15,262,767

$0 ($815,118) $10,809,670

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

5/9/20242:44 PM