Board Report September 2024

Deficit Reduction Plan

Page 23

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B

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DEFICIT REDUCTION PLAN

1 2 3 4

*School Districts Only

FY2024-2025 ESTIMATED BUDGET

17053090017 District Number

Pontiac Twp HSD 90 District Name

5

Operations & Maintenance Fund

Educational Fund

Transportation Fund Working Cash Fund

Total

6

ESTIMATED BEGINNING FUND BALANCE (must equal prior Ending Fund Balance)

7 8 9

7,725,789

1,126,593

2,397,786

92,464

11,342,632

RECEIPTS/REVENUES

Acct #

6,347,046

985,300

729,368

0

8,061,714

LOCAL SOURCES

1000

FLOW-THROUGH RECEIPTS/REVENUES FROM ONE DISTRICT TO ANOTHER DISTRICT

2000

10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27

100

434,158 355,070

0

434,258

3,065,350

425,000

0

3,845,420

STATE SOURCES

3000

662,500

0

0

0

662,500

FEDERAL SOURCES

4000

Total Receipts/Revenues

10,074,996

1,774,528

1,154,368

0

13,003,892

DISBURSEMENTS/EXPENDITURES

Funct #

6,665,493

6,665,493

INSTRUCTION

1000

2,349,125

1,219,750

1,188,500

4,757,375

SUPPORT SERVICES

2000

1,000

0

0

1,000

COMMUNITY SERVICES

3000

1,040,000

0

0

1,040,000

PAYMENTS TO OTHER DISTRICTS & GOVT. UNITS

4000

0

0

0

0

DEBT SERVICES

5000

0

0

0

0

PROVISION FOR CONTINGENCIES

6000

Excess of Receipts/Revenue Over/(Under) Disbursements/Expenditures Total Disbursements/Expenditures

10,055,618

1,219,750

1,188,500

12,463,868

19,378

554,778

(34,132)

0

540,024

OTHER SOURCES/USES OF FUNDS OTHER SOURCES OF FUNDS (7000)

0

0

0

0

0

OTHER USES OF FUNDS (8000)

0

0

0

0

0

TOTAL OTHER SOURCES/USES OF FUNDS ESTIMATED ENDING FUND BALANCE

0

0

0

0

0

7,745,167

1,681,371

2,363,654

92,464

11,882,656

H:\Financial\Finance\Budget\Budget Form FY2025

9/13/2024