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Meade 46-1 Five Year Capital Outlay Projection

Meade 46-1 Five Year Capital Outlay Projection. Meade 46-1 Long term Debt. FY 14 FY15 FY16 FY17 FY18 FY19 FY20 2,429,627 2,426,102 2,421,440 2,423,069 2,425,069 2,044,348 1,630,268

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Meade 46-1 Five Year Capital Outlay Projection

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  1. Meade 46-1Five Year Capital Outlay Projection

  2. Meade 46-1 Long term Debt • FY 14 FY15 FY16 FY17 FY18 FY19 FY20 2,429,627 2,426,102 2,421,440 2,423,069 2,425,069 2,044,348 1,630,268 NOTE: The last payment on the 2005 Series capital outlay certificates will be made in the fiscal year 2018-2019.

  3. Capital outlay revenue Revenue:FY 14FY 15FY 16FY 17FY 18 Ad Valorem : 4,263,337 4,348,604 4,435,576 4,524,287 4,614,773 Ad valorem prior year: 80,000 80,000 80,000 80,000 80,000 Penalty & Interest: 15,000 15,000 15,000 15,000 15,000 Interest income 2,000 2,000 2,000 2,000 2,000 ARRA interest credit 350,000   350,000   350,000   350,000   350,000 Total Revenue: 4,710,337 4,795,604 4,882,576 4,971,287 5,061,773

  4. Capital Outlay expenditures FY 14 FY 15FY 16FY17FY18 Debt Service : 2,429,627 2,426,102 2,421,440 2,423,069 2,425,069 Bldg. & Grounds : 940,500 996,000 1,036,000 920,000 945,000 Curr./Tech. 650,000 450,000 450,000 450,000 650,000 Other: 634,000 328,000 340,000 343,000 347,000 Total exp.: 4,654,127 4,200,102 4,247,440 4,136,069 4,367,069

  5. Other expenditures Contracted busing -10% of annual contract . FY 14: property/liability insurance, SBHS utilities. After FY 14- back into general fund. Co-curricular . Administrative expenditures. Replacement vehicles. Between the rural schools, special services, activities, technology, and maintenance, the district has approximately 43 vehicles in operation. This fleet is getting older and costing the district considerable repair dollars in the general fund.

  6. Summary: revenue, expenditures, and fund balance. FY 14FY 15FY 16FY 17FY 18 Revenue:4,710,337 4,795,604 4,882,576 4,971,287 5,061,773 Expenditures: 4,654,127 4,200,102 4,247,440 4,136,069 4,367,069 Fund Balance: 2,556,210 3,151,712 3,786,848 4,622,066 5,316,770

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