Breakdown of Expenses by Object
n Personnel (Salaries and Benefits) – 73.95% of expenditures
• Salaries – 45.50% of expenditures
– 1.6% increase from 2018-2019 estimated actuals
• Benefits – 28.45% of expenditures
Budgetary
– 4.9% increase from 2018-2019
Reserve
Other Objects
– Severance/OPEB health care - $1,414,110
Property/ & Financing
n Professional Educational Services – 4.21% of expenditures
Equipment
• Staff development/training
Supplies
• Substitute staff costs and school resource officers
Other
n Property Services – 1.67% of expenditures
Purchased
• Maintenance, repairs, and construction services
Services
• Copy center/printing lease
Property
n Other Purchased Services – 7.54% of expenditures
Services
• Tuition
Professional
• Transportation and travel
Educational
n Supplies – 3.82% of expenditures
Services
• Supplies, technology supplies, and books
Personnel
Personnel
• Natural gas and electricity utility charges
(Salaries
& Benefits)
(Salaries & Benefits)
n Property/Equipment – 1.12% of expenditures
• New and replacement capital equipment
n Other Objects and Financing – 5.66% of expenditures
n Budgetary Reserve – 2.02% of expenditures
Fund Balance
$26 Million ________________________________________________________________________________________________
$24 Million ________________________________________________________________________________________________
$22 Million ________________________________________________________________________________________________
$20 Million ________________________________________________________________________________________________
$18 Million ________________________________________________________________________________________________
$16 Million ________________________________________________________________________________________________
FYE2011
FYE=Fiscal Year Ending
FYE2012
PSERS Committed
Gala Committed
Athletics Assigned
Capital Projects Assigned
Non-Spendable
Unassigned
FYE2013
FYE2014
FYE2015
FYE2016
FYE2017
FYE2018
FYE2019
FYE2020
(Estimated)
7/1/2019
$ 8,755,782
$
29,730
$
50,000
$ 10,225,164
$ 1,000,000
$ 3,592,461
$23,653,137
7/1/2020
$ 8,005,782
$
0
$
50,000
$ 9,971,064
$ 1,000,000
$ 2,102,221
$21,129,067
$750,000 drawn down to cover PSERS costs
$254,100 drawdown related to capital
improvements
The remainder of funds will be drawn down
from Unassigned, Gala Committed, and
Athletics Assigned fund balances
<$2,524,070>
The budget is available for public review in the district administration office. It is also available on the district’s website at
www.fcasd.edu. For questions or comments, please email [email protected].
16
FOX CHAPEL AREA