Financial Report: September 2023

Financial Report from the Membership Meeting on 9-5-23

Beginning Bal (EB from last mtg) $18,172.18
Income $2,207.13
Expenses -$7,504.70
Held in escrow $3.30
Ending Balance $12,877.91

The Membership approved these Budget Items:

Income

• Annual Fundraiser (increase) $32,433.11 - increase by $2,566.89 - new budget total of $35,000.

Expense

• Educational Extras: Art Supplies (expense) $500 - increase by $40 - new budget total of $540.

• Educational Extras: Library (expense) $2150 - increase by $2,050 - new budget total of $4,200.

• PTEZ (expense) $139 - increase by $70 - new budget total of $209.

• Annual Fundraiser (expense) $2,000 - increase by $1500 - new budget total of $3,500.

• Teacher Allocations: 2nd Grade (expense) $300- increase by $100- new budget total of $400.

• Teacher Allocations: 4th Grade (expense) $400- increase by $100- new budget total of $500.

Principal Sara Nelson, Hope Sivalingam and Delaina Bishop served as the Financial Reconciliation Committee for the 2022-2023 Fiscal Year. The committee found the books to be in good standing. This report was shared and adopted by the membership at the 9-5-23 meeting.

2022-2023
Beginning Bal $14,435.82
Income $51,865.05
Expenses -$48,413.76
Held in escrow $285.07
Ending Balance $18,172.18