202661 SUMMARY STATEMENT REVENUE AND EXPENDITURES JULY 1 2024 TO JUNE 30, 2025 ALL FUND LAPWAI SCHOOL DISTRICT #341 REVENUES BUDGET ACTUAL Local Revenue 416,223 731,257 State Revenue 3,631,566 7,125,929 Federal Revenue 4,365,008 4,857,625 Other Revenue - 525 Total Revenues 8,412,797 12,715,336 Transfers 12,026 121,832 TOTAL REVENUE & TRANSFERS 8,424,823 12,837,168 EXPENDITURES Salaries $4,274,528 6,236,681 Benefits 1,733,626 2,151,206 Purchased Services 1,234,397 1,226,075 Supplies and Materials 708,820 700,895 Capital Outlay 539,445 145,904 Debt Retirement 280,288 284,750 Insurance & Judgments 39,215 309,893 Contingency Reserve 334,837 TOTAL EXPENDITURES 9,145,156 11,055,404 Transfers 12,026 190,105 TOTAL EXPENDITURES & TRANSFERS 9,157,182 11,245,509 Excess (Deficiency) of Revenues over Expenditures & Transfers (732,359) 1,591,659 Beginning Balances $732,359 2,015,108 Ending Fund Balances - 3,606,768 Copies of the school district budget and the annual report are available for public inspection in the administrative offices of the school district at 230 Main St, Lapwai, Idaho.