1 / 7

ISD #719 Prior Lake-Savage Area Schools

ISD #719 Prior Lake-Savage Area Schools. Audit Examination EDAD 640 Meghan Potter. Where is PL?. School District Background. The combined population of the cities of Prior Lake (24,250) and Savage (27,686) is 51,936. Three percent increase in enrollment over the last five years.

ahmed-johnson
Download Presentation

ISD #719 Prior Lake-Savage Area Schools

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ISD #719Prior Lake-Savage Area Schools Audit Examination EDAD 640 Meghan Potter

  2. Where is PL?

  3. School District Background • The combined population of the cities of Prior Lake (24,250) and Savage (27,686) is 51,936. • Three percent increase in enrollment over the last five years. • Total enrollment for 2010 was 6,975 compared to 4,888 in 2001. • Prior Lake High School was built in 2003 and has the capacity to hold 2,016 students.

  4. School District Background • There are approximately 2,400 students currently in the high school. • Declining enrollment is seen in the 2011 kindergarten class. • In November 2008, the district’s voters approved a 10 year operating referendum renewal along with a $210 per pupil unit increase. • This increased was used to open Redtail Ridge Elementary School, reopen the Twin Oaks Middle School pool, and hire 11 staff members.

  5. Audit Examination • Total General Fund Expenditures: $60,490,198 • General Fund Revenues: • Total: $62,210,830 • Local: $12,625,781 (20%) • State: $43,572,121 (70%) • Federal: $6,012,928 (10%)

  6. Audit Examination • Previous Year General Fund Balance: • $2,935,042 • Current Year General Fund Balance: • $4,655,674 • General Fund Unreserved/Undesignated Fund Balance: • $1,543,568 • General Fund Reserved Fund Balance • $1,092,663

  7. Audit Examination • General Obligation Bonded Debt: • $133,350,000 • Food Service Fund Budget Balance: • $390,073 • Community Service Fund Budget Balance: • $774,838 • Capital Assets, Net Depreciated: • Land and Construction: $12,503,082 • Other: $140,060,425 $152,563,507

More Related