Budget
Written by Administrator   
Thursday, 28 January 2010 13:12
RESOLUTION FOR BUDGET ADOPTION  
BY THE BOARD OF EDUCATION OF HUDSON AREA SCHOOLS  
                     
RESOLVED, that the total revenues for Hudson Area Schools for the Fiscal Year 2008-09  
General Fund are adopted as follows:            
                     
REVENUES             Adopted  
                  6/16/2008  
Local Sources             $   776,300  
State Sources             $ 6,864,533  
Federal Sources             $   195,000  
Incoming Transfers & Other Transfers            
                     
TOTAL REVENUES             $ 7,835,833  
                     
FUND BALANCE July 1, 2008           $ 1,107,528  
                     
Total Available to Appropriate           $ 8,943,361  
                     
Less Appropriated Expenditures           $    233,875  
                     
Excess of Revenues over Expenses         $ 8,709,486  
                     
ESTIMATED FUND BALANCE July 1, 2009       $ 8,709,486  
                     
                     
BE IT FURTHER RESOLVED, that the general appropriation of Hudson Area Schools for the fiscal year 2008-09 General Fund is adopted as follows:  
           
                     
                  Adopted  
                  6/16/2008  
EXPENDITURES                
 Instruction                
  110 Basic Programs           $4,378,261  
  120 Added Needs           $   619,735  
  130 Adult & Continuing Education         $-  
 Support Service                
  210 Pupil             $   194,693  
  220 Instructional Staff           $   138,873  
  230 General Administration         $   371,684  
  240 School Administration         $   473,605  
  250 Business             $   141,331  
  260 Operation & Maintenance         $   742,850  
  270 Pupil Transportation           $   374,668  
  280 Central Services           $   114,809  
  290 Other                
 Community Services              
 Outgoing Transfers and Other Transactions       $   445,755  
                     
TOTAL APPROPRIATED AS AMENDED         $ 7,996,264  
                     
Revenues less Expenditures           $  (160,431)