2009-2010 Budget Adjustment II

 
Amendment to General Appropriations Act for 2009-2010
Resolution for Adoption by the Board of Education of the Utica Community Schools

Resolved, that the General Appropriations Act for Utica Community Schools for the 2009-2010
 fiscal year, is amended as follows:

General Fund
2009-2010

Revised Budget Revised Budget
2/8/2010  Change  6/14/2010
Revenue:
Local  $        35,847,178  $     (131,302)  $        35,715,876
State          191,001,711             14,516          191,016,227
Other Financing Sources              8,484,622             (3,226)              8,481,396
Total Revenue  $      235,333,511  $     (120,012)  $      235,213,499
Total Fund Balance, July 1 Available to Appropriate  $        36,204,225  $        36,204,225
Total Available to Appropriate  $      271,537,736  $      271,417,724
Expenditures:
  Instruction
Basic Programs  $      134,854,257  $     (299,069)  $      134,555,188
Added Needs            21,487,116         (114,742)            21,372,374
Adult Education                   52,948                  106                   53,054
  Support Services
Pupil Support            15,774,318         (125,835)            15,648,483
Instructional Staff Support              6,889,210             71,350              6,960,560
General Administration                 980,904           (79,119)                 901,785
School Administration            15,766,631         (154,530)            15,612,101
Business Services              2,335,334           (57,576)              2,277,758
Operations and Maintenance            27,695,626         (669,531)            27,026,095
Transportation            14,697,139         (338,231)            14,358,908
Other Central Support              4,206,712           161,997              4,368,709
   Community Services                           -                       -                             -  
   Other Financing Uses              1,744,898           (43,692)              1,701,206
Total Appropriated  $      246,485,093  $  (1,648,872)  $      244,836,221
Estimated Fund Balance at June 30  $        25,052,643  $    1,528,860  $        26,581,503

Local revenue decreased primarily due to a reduction in property tax values, State revenues increased as an
offset to the property tax adjustment and changes in state categorical funding, Other revenue reflects a 
reduction in career tech transfer from MISD
Expenditure decreases primarily reflect a savings in salaries and associated benefits based on current staffing
levels, unpaid leaves and open positions; other reductions include supplies, use of contracted special 
education services, adjustments to state categoricals, utilities, gasoline and general fund support of athletics

Federal Funds
2009-2010

Revised Budget Revised Budget
 2/8/2010   Change   6/14/2010 
Revenue:
Federal            27,997,044           450,365            28,447,409
Total Revenue  $        27,997,044  $       450,365  $        28,447,409
Total Fund Balance, July 1 Available to Appropriate  $                       -    $                       -  
Total Available to Appropriate  $        27,997,044  $        28,447,409
Expenditures:
  Instruction
Basic Programs  $          8,827,817  $       122,578  $          8,950,395
Added Needs            12,632,807           (48,208)            12,584,599
Adult Education                 237,138               5,273                 242,411
  Support Services
Pupil Support                 480,573           139,865                 620,438
Instructional Staff Support              3,453,703           220,318              3,674,021
General Administration                   63,819                     -                     63,819
Operations and Maintenance                           -                       -                             -  
Transportation                 224,376             70,102                 294,478
Other Central Support                   92,581           (28,191)                   64,390
   Community Services                 196,660           (66,170)                 130,490
   Other Financing Uses              1,787,570             34,798              1,822,368
Total Appropriated  $        27,997,044  $       450,365  $        28,447,409
Estimated Fund Balance at June 30  $                       -    $                 -    $                       -  

The increase in federal funds relates to adjustments in award amounts most significantly Reading First 

School Service Fund
2009-2010

Revised Budget Revised Budget
 2/8/2010   Change   6/14/2010 
Revenue:
Local  $        11,899,790  $     (442,540)  $        11,457,250
State                 231,186           (16,073)                 215,113
Federal              2,065,400           621,400              2,686,800
Other Financing Sources              2,298,124           (43,692)              2,254,432
Total Revenue  $        16,494,500  $       119,095  $        16,613,595
Total Fund Balance, July 1 Available to Appropriate  $          5,291,710  $          5,291,710
Total Available to Appropriate  $        21,786,210  $        21,905,305

Expenditures:
  Support Service
Student Stores  $             588,000  $                 -    $             588,000
Athletics              3,071,124           (45,542)              3,025,582
Food Service              7,219,054           108,630              7,327,684
  Community Services
Custody and Care of Children              3,650,475           (52,242)              3,598,233
Other Community Service              1,691,375             20,838              1,712,213
   Other Financing Uses                   24,000                     -                     24,000
Total Appropriated  $        16,244,028  $         31,684  $        16,275,712
Estimated Fund Balance at June 30  $          5,542,182  $         87,411  $          5,629,593

The change in revenue reflects a reduction in anticipated enrichment tuition, an increase in federal support of 
the food service program and a slight reduction in general fund's support of athletics
Expenditure adjustments are reflective of anticipated needs to complete the year

Debt Retirement Fund
2009-2010

 As Adopted  Revised Budget
 6/8/2009   Change   6/14/2010 
Revenue:
Local  $        27,744,287  $       (28,121)  $        27,716,166
Total Revenue  $        27,744,287  $       (28,121)  $        27,716,166
Total Fund Balance, July 1 Available to Appropriate  $          2,498,638  $          2,498,638
Total Available to Appropriate  $        30,242,925  $        30,214,804

Expenditures:
Long Term Debt Service  $        28,722,475  $  (1,775,626)  $        26,946,849
Total Appropriated  $        28,722,475  $  (1,775,626)  $        26,946,849
Estimated Fund Balance at June 30  $          1,520,450  $    1,747,505  $          3,267,955

Revenue reduction reflects a decrease in property tax due to a decline in taxable values
Expenditures were adjusted due to the actual principal payments for the bonds sold in 2009

Capital Projects Fund 2000 Series IV to V
2009-2010

Revised Budget Revised Budget
 2/8/2010   Change   6/14/2010 
Revenue:
Local  $          1,853,506  $         (2,500)  $          1,851,006
Other Financing Sources - Sale of Bonds            19,383,497                     -              19,383,497
Total Revenue  $        21,237,003  $         (2,500)  $        21,234,503

Expenditures:
Site Improvement Services  $          3,101,453  $                 -    $          3,101,453
Architecture/Engineering Services              1,761,918             23,483              1,785,401
Building Improvement Services            11,756,048           225,140            11,981,188
Other Facilities Acquisition/Construction Costs              4,617,584         (251,123)              4,366,461
Total Appropriated  $        21,237,003  $         (2,500)  $        21,234,503

Reduction in revenue is due to anticipated interest earnings on investments and expenditure adjustments 
reflect changes in anticipated use

Capital Projects Fund 2003 Series II to V
2009-2010

Revised Budget Revised Budget
 2/8/2010   Change   6/14/2010 
Revenue:
Local  $          4,242,700  $       437,874  $          4,680,574
Other Financing Sources - Sale of Bonds            76,152,714                     -              76,152,714
Total Revenue  $        80,395,414  $       437,874  $        80,833,288

Expenditures:
Pupil Transportation Services  $          8,257,844  $                 -    $          8,257,844
Site Improvement Services              3,373,644           (21,092)              3,352,552
Architecture/Engineering Services              8,434,255           316,577              8,750,832
Building Acquisition and Construction            22,486,590                     -              22,486,590
Building Improvement Services            17,226,644        5,410,100            22,636,744
Other Facilities Acquisition/Construction Costs            20,616,437      (5,267,711)            15,348,726
Total Appropriated  $        80,395,414  $       437,874  $        80,833,288

The increase in revenue is due to additional interest earnings through the elimination of an arbitrage liability
Expenditure adjustments reflect changes in anticipated use

Capital Projects Fund 2009 Series I
2009-2010

Revised Budget Revised Budget
 2/8/2010   Change   6/14/2010 
Revenue:
Local  $               73,336  $                 -    $               73,336
Other Financing Sources - Sale of Bonds            22,500,000                     -              22,500,000
Total Revenue  $        22,573,336  $                 -    $        22,573,336

Expenditures:
Pupil Transportation Services  $          2,500,000  $                 -    $          2,500,000
Site Improvement Services                           -             176,673                 176,673
Architecture/Engineering Services              1,080,000           115,206              1,195,206
Building Improvement Services            11,605,000         (291,879)            11,313,121
Other Facilities Acquisition/Construction Costs              7,388,336                     -                7,388,336
Total Appropriated  $        22,573,336  $                 -    $        22,573,336

Expenditure adjustments reflect changes in anticipated use

Building and Site/Capital Improvement Fund
2009-2010

Revised Budget Revised Budget
 2/8/2010   Change   6/14/2010 
Revenue:
Local  $               50,000  $                 -    $               50,000
Other Financing Sources Incoming Transfers                   97,500                     -                     97,500
Total Revenue  $             147,500  $                 -    $             147,500

Total Fund Balance, July 1 Available to Appropriate  $          4,200,494  $          4,200,494
Total Available to Appropriate  $          4,347,994  $          4,347,994

Expenditures:
   Other Financing Uses  $             536,150  $                 -    $             536,150
Total Appropriated  $             536,150  $                 -    $             536,150
Estimated Fund Balance at June 30  $          3,811,844  $                 -    $          3,811,844

This appropriation resolution is to take effect on June 14, 2010