1 / 5

FY18 Annual Financial Report & FY19 Budget Summary

This report provides a detailed breakdown of the school district's financial situation. It covers the total expenditures in major fund categories for the fiscal year 2017-18, including KEBT Insurance, Debt Service, Capital, Federal/State Grants, and Operations. Additionally, it highlights the budget summary for 2018-19, detailing KEBT Insurance expenses, Debt Service, Capital investments, and Federal/State Grants. The analysis includes operational spending, revenue sources, and budget balance considerations.

mitton
Download Presentation

FY18 Annual Financial Report & FY19 Budget Summary

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FY18 Annual Financial Report & FY19 Budget Summary

  2. Total Amounts Reported in AFR These amounts do not equal operational spending or reflect the budget balance.

  3. 2017-18 Total Expenditures – By Major Fund Category Major Categories: • KEBT Insurance – Medical Expenses • Debt Service – Principal & interest related to outstanding debt • Capital – Bond, Capital Override, District Additional Assistance, Adjacent Ways • Federal/State Grants – Title, IDEA, Medicaid reimbursement, Results Based Funding, E-Rate, etc. • Operations – Regular & Special Education, Transportation, Administration & School Support Total Expenditures $193,044,157

  4. 2017-18 Total Revenues & Expenditures Major Categories: • KEBT Insurance – Medical Expenses • Debt Service – Principal & interest related to outstanding debt • Capital – Bond, Capital Override, District Additional Assistance, Adjacent Ways • Federal/State Grants – Title, IDEA, Medicaid reimbursement, Results Based Funding, E-Rate, etc. • Operations – Regular & Special Education, Transportation, Administration & School Support

  5. 2018-19 Budget Summary * All DAA/Capital restoration amounts ($1.7M) included in M&O budgeted revenues.

More Related