Jumoke Academy Board Approved Budget Summary

Jumoke Academy 2014-2015 Board Approved Budget Summary

 REVENUE

Account TypeAccount Title2014-2015 Adjusted Budget 2015-2016 Board Approved Budget 2015-2016 Actuals Ytd at 11/30/152014-2015 Var to Budget at 11/30/15
REVState Charter School $7,876,000 $8,657,000 $4,372,500 $4,284,500
REVEntitlement Grants $309,000 $ 310,000 $0 $310,000
REVCT Technology Grant $201,785 $240,000$0 $240,000
REVE-rate Telecom Reimbursements $121,840 $150,000$49,618 $100,382
REVContributions$0.0$5,000$102 $4,898
REVStudent Support Services $171,449 $118,275 $45,288 $72,987
REVRental Income $111,590 $ 31,900 $26,600 $5,300
REVSpecial Education Income $466,794 $503,821 $160,116 $343,705
REVPrivate Grants$0.0 $150,000 $150,000 $0
Total Revenue $9,258,458 $10,165,996 $4,804,224 $5,361,772

 EXPENSES

Account TypeAccount Title2014-2015 Adjusted Budget 2015-2016 Board Approved Budget 2015 - 2016 Actuals Ytd at 11-30-20152014 - 2015 Var to Budget at 11-30-2015
EXPEducation Instructional Expense -$3,778,063 -$3,898,055 -$1,557,595 -$2,340,460
EXPStudent Support Services-$ 1,072,968 -$1,242,778 -$396,717 -$846,061
EXPInstructional Service Improvement -$74,182 -$68,632 -$9,456 -$59,176
EXPSchool Based Administration-$1,422,660 -$ 1,895,561 -$747,495 -$1,148,066
EXPPlant Services Oper/Maint-$1,005,027 -$984,444 -$666,436 -$318,008
EXPFood Services-$ 4,000 -$ 4,000 -$1,845 -$2,155
EXPSpecial Education Expenses-$466,794 -$503,821 -$201,857 -$301,964
EXPTechnology and equipment -$320,385 -$302,750 -$92,024 -$210,726
EXPDebt Service - Principal+ Interest-$ 635,455 -$657,485 -$178,914 -$478,571
EXPContingency Expense -$48,924 -$ 103,221 $517 -$102,703
EXPAchievement First Fee -$430,000 -$505,250 -$258,500 -$246,750
Total Expenses- $9,258,458 -$10,165,996 -$4,111,356 -$6,054,640

 NET INCOME

Net Income 2013-2014Net Income 2014-2015Net Income 2015-2016
- $32,831 -

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