2015-2016
Official Budget
Adopted by the Board of Trustees on
August 31, 2015
Table of Contents
General Fund Budget
Food Service Budget
Athletic Budget
Debt Service Budget
Building Fund
Additional Information
HearneIndependentSchool District
2015-2016 Budget
Adopted by the Board of Trustees
August 31, 2015
Exhibit A
Fund 199 General Fund
Revenue
57XX Local$4,553,800 58XXState $3,986,893
59XX Federal$ 30,000
Fund Balance Revenue$ 246,370
Total Fund 199 Revenue $8,817,063
Transfer-Out $ (20,000)
Total $ 8,797,063
Expenditures
11 – Instruction $4,518,075
12 – Library/Media Services $ 131,010
13 – Curriculum/Staff Development $ 2,455
21 – Instructional Development $ 51,030
23 – School Administration $ 635,060
31 – Guidance/Counseling $ 96,153
33 – Health Services $ 45,910
34 – Transportation $ 349,485
36 – Co-Curricular $ 295,835
41 – General Administration $ 498,900
51 – Plant Maintenance $ 1,374,850
52 – Security $ 30,200
53 – Data Processing $ 214,800
81 – Bldg. Purchase/Improvements $ -0-
93 – Payments/Fiscal Agent $ 208,000
99 – Payments/Appraisal District $ 135,000
Total Fund 199 Expenditures $ 8,797,063
HearneIndependentSchool District
2015-2016 Budget
Adopted by the Board of Trustees
August 31, 2015
Exhibit A
Fund 101 – Food Service
Revenue
57XX Local $ 45,000
58XX State $ 3,442
59XX Federal $ 584,084
Fund Balance Revenue $ 97,089
Total Fund 101 Revenue $ 729,615
Total Available for Fund 101 $ 729,615
Expenditures
Function 35: Food Service
61XX – Salaries $ 302,845
62XX – Contracted Services $ 4,300
63XX – Supplies & Materials $ 402,500
64XX – Other Expenses $ 10,000
66XX – Capital Outlay $ 10,000
Total Expenditures $ 729,615
HearneIndependentSchool District
2015-2016 Budget
Adopted by the Board of Trustees
August 31, 2015
Exhibit A
Fund 175 – Athletic Budget
Revenue
57XX Local $ 20,000
79XX Transfer in from Operating $ 19,874
Fund Balance Revenue $ 65,126
Total Available Fund for 175 $ 105,000
Expenditures
Function 36: Co-Curricular
61XX – Salaries – Stipends – In Fund 199-36-61XX
62XX – Contracted Services $ 22,500
63XX – Supplies & Materials $ 40,200
64XX – Other Expenses $ 32,300
66XX – Capital Outlay $ -0-
Total $ 95,000
Function 52: Security $ 10,000
Total $ 10,000
Total $ 105,000
HearneIndependentSchool District
2015-2016 Budget
Adopted by the Board of Trustees
August 31, 2015
Exhibit A
Fund 599 – Debt Service
Revenue
57XX Local $ 879,220 Total $ 879,220
Expenditures
Function 71: Debt Service $ 879,220
Total $ 879,220
HearneIndependentSchool District
2015-2016 Budget
Adopted by the Board of Trustees
August 31, 2015
Exhibit A
Fund616-Building Fund
Revenue______
57XX Local $ 500 Total $ 500
Cash in the bank $ 734,296
Certificate of Deposit $ 599,897
Time Deposit $ 4,017
Total Revenue $ 1,338,710
Expenditures
Function 81: Building Purchase/Construction/Improvements
66XX – Bldg.Purch/Const/Impro $ 400,000
Total $ 938,710
Additional
Information
HearneIndependentSchool District
2014-2015 Budget
August 27, 2014
Fund 199 General Fund
Function 11 – Instruction
61XX – Salaries $ 4,279,900
62XX – Contracted Services $ 96,775
63XX – Supplies & Materials $ 126,115
64XX – Other Expenses $ 15,285
Total $ 4,518,075
Function 12 – Library/Media
61XX – Salaries $ 103,460
62XX – Contracted Services $ 1,650
63XX – Supplies & Materials $ 25,000
64XX – Other Expenses$ 900
Total $ 131,010
Function 13 – Curriculum/Staff Development
64XX – Other Expenses$ 2,455
Total$ 2,455
Function 21 – Instructional/Development
61XX – Salaries$ 39,530
62XX – Contracted Services$ 500
63XX – Supplies & Materials$ 10,000
64XX – Other Expenses$ 1,000
Total$ 51,030
Function 23 – School Administration
61XX – Salaries$ 625,360
63XX – Supplies & Materials$ 5,000
64XX – Other Expenses$ 4,700
Total$ 635,060
Function 31 – Guidance/Counseling
61XX – Salaries$ 94,153
63XX – Supplies & Materials$ 900
64XX – Other Expenses$ 1,100
Total$ 96,153
Function 33 – School Nurse
61XX – Salaries$ 42,710
63XX – Supplies & Materials$ 1,900
64XX – Other Expenses$ 1,300
Total$ 45,910
Function 34 – Transportation
61XX – Salaries $ 145,500
62XX – Contracted Services$ 9,500
63XX – Supplies & Materials$ 86,185
64XX – Other Expenses$ 16,250
66XX – Capital Outlay$ 92,000
Total$ 349,485
Function 36 – Co-Curricular
61XX – Salaries$ 235,385
62XX – Contracted Services$ 5,200
63XX – Supplies & Materials$ 22,800
64XX – Other Expenses$ 27,450
66XX – Capital Outlay$ 16,250
Total$ 295,835
Function 41 – General Administration
61XX – Salaries$ 406,400
62XX – Contracted Services$ 54,900
63XX – Supplies & Materials$ 9,900
64XX – Other Expenses$ 22,700
66XX – Capital Outlay$ 5,000
Total$ 498,900
Function 51 – Plant Maintenance
61XX – Salaries$ 568,050
62XX – Contracted Services$ 564,000
63XX – Supplies & Materials$ 108,000
64XX – Other Expenses$ 99,600
66XX – Capital Outlay$ 35,000
Total$ 1,374,850
Function 52 – Security
61XX – Salaries$ 12,200
62XX –Contracted Services$ 18,000
Total$ 30,200
Function 53 – Data Processing
61XX – Salaries$ 139,600
62XX – Contracted Services$ 30,000
63XX – Supplies & Materials$ 45,000
64XX – Other Expenses$ 200
Total$ 214,800
Function 61 – Community Service
64XX – Other Expenses$ 300
Total$ 300
Function 71 – Long Term Debt
65xx – Debt Service$ 210,000
Total$ 210,000
Function 93 – Payments to Fiscal Agent
64XX – Miscellaneous Expenses$ 208,000
Total$ 208,000
Function 99 – Payments/Appraisal District
62XX – Contracted Services$ 135,000
Total$ 135,000
Total Expenses$ 8,797,063
Total 199 Budget$ 8,797,063
HearneIndependentSchool District
Estimated Fund Balances/Comments
September 1, 2015
- The following amounts are given for informational estimates only. There are factors in August that may affect the balances presented.
A. Food Service (101) $ 207,955 – 97,089 = $ 110,866
B. General Fund (199) $ 5,414,939 –246,370 = $ 5,168,569
C. Debt Service (599) $ 348,704
D. Building Fund (616) $ 1,357,987
- The Appraisal District has provided the district with the Certified Taxable Value for 2015-2016. The amount of $ 398,520,765 is a decrease of $ 53,059,961 in Taxable Value from the previous year.
- The tax rate for 2015-2016 will remain the same; Maintenance & Operation at $1.04 and Interest & Sinking at $0.23, for a total tax rate of $1.27.
- The General Fund Budget (199) for 2015-2016 is $ 8,797,063 for revenue and expenditures. This is a decrease of about $ 688,137 due to state and local funding.
- The district may use about $290,000 from the General Operating Fund Balance to offset the operating costs due to salary increases and building/construction/improvement projects.