202981 Annual Statement of Financial Condition Genesee Jt. School District 282 2024-2025 REVENUES AND EXPENDITURES SUMMARY STATEMENT - ALL FUNDS Budget Actual 2024-2025 Salary & 2024-2025 Salary & Budget Benefits Actual Benefits REVENUES Local Sources $3,495,529.00 $1,283,495.00 County Sources - - State Sources 2,896,816.00 3,610,822.00 Federal Sources 207,797.00 751,210.00 Other Sources - 719,875.00 TOTAL REVENUES $6,600,142.00 $6,365,402.00 Transfers IN 100,000.00 397,488.00 TOTAL REVENUES & TRANSFERS $6,700,142.00 $6,762,890.00 EXPENDITURES Instructional Services $2,947,952.00 $2,654,945.00 $2,970,004.00 $2,559,368.00 Support Services 2,149,782.00 1,447,732.00 1,731,050.00 1,210,762.00 Non-Instructional Services 358,010.00 99,625.00 342,868.00 91,127.00 Facility Acquisition Services 451,048.00 - 1,074,511.00 - Debt Services 329,250.00 - 329,200.00 - TOTAL EXPENDITURES $6,236,042.00 $4,202,302.00 $6,447,633.00 $3,861,257.00 Transfers OUT 10,000.00 397,488.00 TOTAL EXPENDITURES & TRANSFERS $6,246,042.00 $6,845,121.00 Excess (Deficiency) of Revenues over Expenditures & Transfers $454,100.00 $117,306.00 FUND BALANCE at July 1, 2023 $1,370,549.00 $2,451,314.00 Adjustments 1,080,765.00 - ADJ. FUND BALANCE at July 1, 2023 $2,451,314.00 $2,451,314.00 FUND BALANCE at June 30, 2024 $2,568,620.00 $2,568,620.00 The undersigned certify that this is a true and correct report of the financial condition of the Potlatch School District #285. Alan Krick Chairperson of the Board Melissa Lindquist Clerk & Treasurer of the Board