204829 SUMMARY STATEMENT - AMENDED 2025-2026 SCHOOL BUDGET and 2026-2027 SCHOOL BUDGET Culdesac Joint School District No. 342 GENERAL M&O FUND ALL OTHER FUNDS Proposed Proposed Prior Year Prior Year Current Amended Proposed Prior Year Prior Year Current Amended Proposed Actual Actual Budget Budget Budget Actual Actual Budget Budget Budget 2023-2024 2024-2025 2025-2026 2025-2026 2026-2027 2023-2024 2024-2025 2025-2026 2025-2026 2026-2027 REVENUES Beginning Balances 548,351 569,278 350,000 350,000 350,000 1,039,657 1,287,539 1,611,889 1,617,477 1,611,889 Local Tax Revenue 263,479 207,929 259,445 259,445 259,445 Other Local Revenue 34,374 70,757 21,164 21,164 21,164 99,290 118,794 84,638 94,638 84,638 State Revenue 2,227,966 2,258,492 2,206,839 2,206,839 2,268,404 97,739 1,930,105 61,880 85,176 67,382 Federal Revenue 15 631,503 220,448 227,945 248,734 225,084 Other Sources Transfers 256,202 86,831 69,972 69,972 61,377 Totals 3,074,185 3,106,456 2,837,448 2,837,448 2,899,013 2,124,391 3,643,717 2,056,324 2,115,997 2,050,370 EXPENDITURES Salaries 1,287,000 1,359,537 1,442,462 1,442,462 1,484,297 117,014 136,924 110,976 119,365 92,755 Benefits 579,067 563,021 667,334 667,334 751,205 63,239 58,883 65,831 73,725 57,379 Purchased Services 255,307 236,337 272,210 272,210 270,878 139,613 172,504 150,275 157,436 147,020 Supplies and Materials 106,297 83,627 142,100 142,100 124,100 177,329 81,088 615,167 640,996 639,141 Capital Outlay 7,477 398,161 82,550 82,550 37,974 319,666 1,466,334 1,114,075 1,124,475 1,114,075 Debt Retirement Insurance & Judgments 13,557 18,948 18,948 18,948 24,231 19,991 Transfers 256,202 86,831 69,972 69,972 61,377 Contingency Reserve 141,872 141,872 144,951 Unappropriated Balances 569,278 359,994 1,287,539 1,727,984 Totals 3,074,185 3,106,456 2,837,448 2,837,448 2,899,013 2,124,391 3,643,717 2,056,324 2,115,997 2,050,370 A copy of the School District Budget is available for public inspection in the District's Administrative Office. A Budget Hearing is scheduled to be held on June 10, 2026 during the regular school board meeting in the Library of the School at 600 Culdesac Ave, Culdesac, which will begin at 6:00 p.m.