GENERAL APPROPRIATION RESOLUTION
FOR ADOPTION BY THE BOARD OF DIRECTORS OF MERRITT ACADEMY
RESOLVED, that this resolution shall be the general appropriations of Merritt Academy for the fiscal year 2016. A resolution to make appropriations; to provide for the expenditure of the appropriations; and to provide for the disposition of all income received by Merritt Academy.
BE IT FURTHER RESOLVED, that the total revenues estimated to be available for appropriations in the general fund of Merritt Academy for fiscal year 2016 is as follows:
| Current | Approved | Approved | ||
| Budget | Amendment | Budget | ||
| REVENUE | ||||
| Fund Balance 6-30 | 519,536 | 519,536 | ||
| (1XX) | Local Sources | 125,700 | 12,165 | 137,865 |
| (2XX) | State Sources | 5,105,542 | 0 | 5,105,542 |
| (3XX) | Federal Sources | 279,697 | (51,000) | 228,697 |
| Other Sources | 70,000 | 0 | 70,000 | |
|
TOTAL AVAILABLE TO APPROPRIATE |
$6,100,475 | (38,835) | $6,061,640 | |
| BE IT FURTHER RESOLVED that $5,626,053 of the total available to appropriate in the general fund is hereby appropriated in the amounts and for the purposes set forth below: | ||||
| EXPENDITURES | ||||
| (11X) | Elementary | 1,597,300 | 31,874 | 1,629,174 |
| (11X) | Middle School | 281,147 | (3,852) | 277,295 |
| (11X) | High School | 450,388 | (12,804) | 437,584 |
| (11X) | Preschool | 238,402 | 2,013 | 240,415 |
| (12X) | Special Education | 268,443 | 0 | 268,443 |
| (12X) | Compensatory Education | 150,556 | 0 | 150,556 |
| (21X) | Support Services- Pupil | 148,562 | 0 | 148,562 |
| (22X) | Support Services-Instructional | 15,419 | 0 | 15,419 |
| (22X) | Student Assessment | 12,308 | 0 | 12,308 |
| (23X) | General Administration | 36,200 | 0 | 36,200 |
| (23X) | Executive Administration | 630,839 | 0 | 630,839 |
| (24X) | School Administration | 405,690 | 0 | 405,690 |
| (25X) | Business Services | 40,760 | 2,750 | 43,510 |
| (26X) | Operations and Maintenance | 432,089 | 13,684 | 445,773 |
| (27X) | Pupil Transportation Services | 77,100 | 2,900 | 80,000 |
| (28X) | Other Support Services | 26,000 | 9,500 | 35,500 |
| (29X) | Afterschool Athletics | 59,895 | 0 | 59,895 |
| (33X) | Community Service | 1,100 | 0 | 1,100 |
| (351) | Latchkey | 12,250 | 0 | 12,250 |
| (45X) | Building Improvement | 0 | 0 | 0 |
| (5XX) | Debt principal and interest | 0 | 0 | 0 |
| Outgoing Transfers | 695,540 | 0 | 695,540 | |
| TOTAL APPROPRIATED | $5,579,988 | 46,065 | $5,626,053 | |
| EXCESS REVENUE (EXPENDITURES) | $951 | (84,900) | ($83,949) | |
| ESTIMATED FUND BALANCE AT JUNE 30, 2016 | $520,487 | -84,900 | $435,587 | |
| APPROVED BY BOARD OF DIRECTORS, regular board meeting, on | ||||
| Board Secretary | ||||
SCHOOL SERVICE FUND APPROPRIATION RESOLUTION
FOR ADOPTION BY THE BOARD OF DIRECTORS OF MERRITT ACADEMY
RESOLVED, that this resolution shall be the school service fund appropriations of Merritt Academy for the fiscal year 2016. A resolution to make appropriations; to provide for the expenditure of the appropriations; and to provide for the disposition of all income received by Merritt Academy.
BE IT FURTHER RESOLVED, that the total revenues estimated to be available for appropriations in the school service fund of Merritt Academy for fiscal year 2016 is as follows:
| Initial | ||||
| Approved | Approved | Approved | ||
| Budget | Amendment | Budget | ||
| REVENUE | ||||
| Fund Balance as of June 30, 2015 | 18,176 | 18,176 | ||
| (1XX) | Local Sources | 18,000 | 200 | 18,200 |
| (2XX) | State Sources | 2,934 | -1,688 | 1,246 |
| (3XX) | Federal Sources | 95,000 | -2,500 | 92,500 |
| Incoming Transfers from Fund Balance | 0 | 0 | ||
| TOTAL AVAILABLE TO APPROPRIATE | $134,110 | -3,988 | $130,122 | |
| BE IT FURTHER RESOLVED, that | $121,536 | of the total available to | ||
| appropriate in the school service fund is hereby appropriated in the amounts and for the purposes set forth below: | ||||
| EXPENDITURES | ||||
| (2XX) | Food Service | 115,684 | 5,852 | 121,536 |
| Outgoing Transfers and Other Transactions | 0 | 0 | 0 | |
| TOTAL APPROPRIATED | $115,684 | 0 | $121,536 | |
| EXCESS REVENUE (EXPENDITURES) | $250 | -9,840 | ($9,590) | |
| ESTIMATED FUND BALANCE AT JUNE 30, 2016 | $18,426 | -9,840 | $8,586 | |
| APPROVED BY BOARD OF DIRECTORS, regular board meeting, on | ||||
| Board Secretary | ||||
