General Fund Budget 2010-2011

RESOLUTION FOR ADOPTION BY THE BOARD OF EDUCATION

WALDRON AREA SCHOOLS 

            BE IT RESOLVED, that this resolution shall be the General Appropriations Act of Waldron Area Schools for the fiscal year ending June 30, 2011.  A resolution to make appropriations; to provide for the expenditure of the appropriations; and to provide for the disposition of all income received by Waldron Area Schools.

 

BE IT FURTHER RESOLVED, that the total revenues and unappropriated fund balance estimated to be available for appropriations in the General Fund of the Waldron Area Schools for the fiscal year ending June 30, 2010 is $ 2,640,058.00 as follows:

 

            REVENUE

                        Local                                                            $294,566.00

                        State                                                            2,165,656.00

                        Federal                                                           177,336.00

                        Intermediate                                                              0.00

                        Other                                                                  2,500.00

                                    Total                                              $2,640,058.00

 

                        Fund Balance July 1, 2010.                                    $0.00*

                        Less Appropriated Fund Balance              $             0.00 

Total Available to Appropriate                                           $2,640,058.00

 

            BE IT FURTHER RESOLVED, that $2,633,246.00 of the total available to appropriate in the General Fund is hereby appropriated in the amounts and for the purpose set forth below:

 

            EXPENDITURE

                        Instruction:

                                    Basic Programs                              1,130,902.00

                                    Added Needs                                     545,855.00      

                        Support Services:

                                    Pupil Services                                      25,190.00

                                    Instructional Staff                                 16,684.00      

                                    General Administration                        78,839.00

                                    Office of the Principal & Grad           177,663.00

                                    Business Office / Interest                  104,495.00

                                    Custodial                                            300,012.00

                                    Transportation                                    153,745.00

                                    Central Services                                  24,861.00

                                    Outgoing Trans & Other Trans            75,000.00

                                    Total                                              $2,633,246.00

                       

The total number of mills of ad valorem property taxes to be levied will be 18.0000 mills on non-homestead properties for the purpose of servicing the payment of operating expenses from the General Fund.

  

            FURTHER RESOLVED, that no Board of Education member or employee of the Waldron Area Schools shall expend any funds or obligate the expenditure of any funds except pursuant to appropriations made by the Board of Education and in keeping with the budgetary policy statement hitherto adopted by the Board of Education.  Changes in the amount appropriated by the Board of Education shall require approval of the Board of Education.

    

            FURTHER RESOLVED, that for the purposes of meeting emergency needs of the school district, transfers of appropriations may be made upon written authorization of the Superintendent but no other transfers shall be made without prior approval by the Board of Education.  When the Superintendent makes a transfer to appropriate as permitted by this resolution, such transfer shall be presented to the Board of Education at its next regularly scheduled meeting in the form of an appropriations act amendment, which amendment shall be adopted by the Board of Education at such meeting.

 

            BE IT FURTHER RESOLVED, that the Superintendent is hereby charged with general supervision of the execution of the budget adopted by the Board of Education and shall hold the department heads responsible for performance of their responsibilities within the amounts appropriated by the Board of Education and in keeping with the budgetary policy statement hitherto adopted by the Board of Education.

 

            This act is to take effect on June 14, 2010.

   

________________________________________

Jen Long, Secretary

 *This represents the estimated fund equity figure.