2015-2016 Audited Financial Report

Educational Service Provider: Operating Expenditures

School District: Merritt Academy (50906)

Fiscal Year: 2015-2016

Educational Service Provider Operating Expenditures
Instructional Expenditures (1xx, 293) $2,796,522 83.43%
Pupil Support Services (21x) $147,734 4.41%
Instructional Staff Support Services (22x) $0 0.00%
General Administration (23x) $0 0.00%
School Administration (24x) $373,718 11.15%
Business Services (25x) $0 0.00%
Operations and Maintenance (26x) $1,634 0.05%
Transportation (27x) $0 0.00%
Central & Other Support Services (28x, 291, 292, 295, 299) $0 0.00% Total Operating Expenditures from ESP $3,319,608 99.03% Total from ESP file $3,352,136 100.0%

Report based on district's 2016 Financial Information Database (FID) submission.

Caution should be used when using these financial data. Sound conclusions can only be drawn when the data elements are used in proper context. The ESP operational expenditure costs reported to the charts above are based on function codes as submitted to the Financial Information Database (FID).

Districts are required by law (MCL 380.1281) to follow a common chart of accounts published as the Michigan Public School Accounting Manual when reporting financial data.

Definitions for each of the function codes listed in the charts above may be found in the Manual available at: http://www.michigan.gov/documents/appendix_33974_7.pdf

More district financial information can be found online at www.michigan.gov/cepi

Report Date: 10/30/2016 8:27:59 PM