Marshall Public Schools
Dr. Carol Maher, Superintendent
COMPARISON OF TOTAL MONTHLY EXPENSES PAID,
MONTHLY FUNDS BALANCES, AND STATE PAYMENTS
MONTH / EXPENSES PAID
(monthly, not meeting to meeting)
(Does not include Fund 4)
2015 - 2016 2016 - 2017 / ROLLING
AVERAGE
(monthly, not meeting to meeting)
2015 - 2016 2016 - 2017 / CLOSING BALANCE
(end of month, not board meeting date)
(Does not include Fund 4)
2015 - 2016 2016 - 2017 / DESE PAYMENT
(This is the monthly payment,
usually paid around the
20th of the month.)
2015 - 2016 2016 - 2017
July / $571,697 / $437,351 / $571,697 / $437,351 / $6,005,029 / $5,980,554 / $ 971,163 / $1,101,468
August / $875,877 / $898,136 / $723,787 / $699,144 / $6,406,653 / $6,305,949 / $1,140,382 / $1,085,267
September / $2,150,518 / $1,881,858 / $1,199,364 / $1,093,382 / $5,526,882 / $5,805,786 / $1,075,175 / $1,079,651
October / $1,907,057 / $2,198,451 / $1,376,287 / $1,353,949 / $5,347,468 / $4,724,484 / $1,203,447 / $1,018,977
November / $2,045,407 / $2,012,371 / $1,510,111 / $1,485,633 / $4,926,641 / $4,676,702 / $1,388,429 / $1,463,422
December / $2,039,072 / $1,895,762 / $1,598,271 / $1,553,988 / $4,371,849 / $4,097,161 / $1,105,018 / $1,148,179
January / $2,056,035 / $2,783,183 / $1,663,666 / $1,729,587 / $7,707,252 / $6,214,404 / $1,072,081 / $2,165,378
February / $2,090,741 / $2,582,084 / $1,717,051 / $1,836,150 / $9,610,497 / $9,644,458 / $1,553,013 / $1,133,019
March / $1,543,575 / $1,877,129 / $1,697,775 / $1,840,703 / $9,494,075 / $9,297,442 / $1,076,841 / $1,060,870
April / $2,046,701 / $1,968,270 / $1,732,668 / $1,853,460 / $9,301,144 / $9,183,691 / $1,533,602 / $1,600,918
May / $2,253,689 / $1,951,769 / $1,780,034 / $1,862,397 / $8,447,313 / $8,637,300 / $1,113,961 / $1,166,627
June / $4,129,808 / $4,201,891 / $1,975,848 / $2,057,355 / $5,075,596 / $5,289,729 / $1,725,261 / $1,219,689
DESE STATE FUNDING FORMULA YEARLY PAYMENT WITH PRO-RATION FACTOR
2013
$9,250,062 (.93) / 2014
$9,026,886 (.93) / 2015
$9,420,655(.96) / 2016
$9,895,312(1.00)
/ 2017
$9,992,043(1.00)
WEIGHTED AVERAGE DAILY ATTENDANCE (WADA)
2013
2,594 / 2014
2,546 / 2015
2,560 / 2016
2,585 / 2017
2,568
DESE PAYMENT PER WADA
2013
$3,852 / 2014
$3,735 / 2015
$3,814 / 2016
$3,828 / 2017
$3,891
ENDING FUND BALANCES BY YEAR
2013
21% / 2014
19% / 2015
24% / 2016
17.8% / 2017
17%* ; 20%**
16
* predicted actual ** before all payments
From the school years of 2015 - 2016and 2016– 2017