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SUMMARY STATEMENT
REVENUE AND EXPENDITURES
JULY 1 2025 TO JUNE 30, 2026
ALL FUNDS
LAPWAI SCHOOL DISTRICT NO. 341
REVENUES BUDGET ACTUAL
Local Revenue 416,223 736,514
State Revenue 3,631,566 5,790,214
Federal Revenue 4,365,008 5,058,139
Other Revenue - -
Total Revenues 8,412,797 11,584,867
Transfers 12,026 198,387
TOTAL REVENUE & TRANSFERS 8,424,823 11,783,254
EXPENDITURES
Salaries $4,274,528 6,506,866
Benefits 1,733,626 2,284,056
Purchased Services 1,234,397 1,236,451
Supplies and Materials 708,820 964,138
Capital Outlay 539,445 590,859
Debt Retirement 280,288 -
Insurance & Judgments 39,215 346,378
Contingency Reserve 334,837
TOTAL EXPENDITURES 9,145,156 11,928,749
Transfers 12,026 198,387
TOTAL EXPENDITURES
& TRANSFERS 9,157,182 12,127,137
Excess (Deficiency) of Revenues
over Expenditures & Transfers (732,359) (343,883)
Beginning Balances $732,359 3,606,091
Ending Fund Balances - 3,262,208
Copies of the school district budget and the annual report are available for public inspection in the administrative offices of the school district at 404 S Main St, Lapwai, Idaho.