HICKORYCITY ADMINISTRATIVE SCHOOL UNIT
BUDGET RESOLUTION
2014-15
BE IT RESOLVED by the Board of Education of the HickoryCity Administrative School Unit:
Section 1. The following amounts are hereby appropriated for the operation of the school administrative unit in the Local Current Expense fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
5000 Instructional Programs$3,760,463
6000 Supporting Services 4,327,072
8000 Non-Programmed Charges 1,475
Total Local Current Expense Fund Appropriations$ 8,089,010
Section 2. The following revenues are estimated to be available to the Local Current Expense Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
Catawba County Appropriations $ 6,321,850
Local Funds –Tuition Payments for Core Academy 174,000
Fines and Forfeitures 128,580
Fund Balance Appropriated 1,464,580
Total Local Current Expense Fund Revenue$ 8,089,010
Section 3. The following amounts are hereby appropriated for the operation of the school administrative unit in the State Public School Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
5000 Instructional Programs $21,422,890
6000 Supporting Services 1,842,762
7000 Ancillary Services 60,566
Total State Public School Fund Appropriations $23,326,218
Section 4. The following revenues are estimated to be available to the State Public School Fund for the fiscal year beginning July 1, 2014 and June 30, 2015.
State Funds $23,116,616
Textbook Allocation 209,602
Total State Public School Fund $23,326,218
Section 5. The following amounts are hereby appropriated for the operation of the school administrative unit in the Federal Grants Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
5000 Instructional Programs $ 2,916,976
6000 Supporting Services 309,642
8000Non-Programmed Charges 89,410
Total FederalGrant Fund Appropriations $3,316,028
Section 6. The following revenues are estimated to be available to the Federal Grant Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
Total Federal Grant Fund $ 3,316,028
Section 7. The following amounts are hereby appropriated for the operation of the school administrative unit in the School Food Service Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
7000 Ancillary Services $ 2,404,018
8000 Non-Programmed Charges 182,000
Total School Food Service Fund Appropriations $ 2,586,018
Section 8. The following revenues are estimated to be available to the School Food Service Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
Local Funds – Food Sales $ 546,800
Federal Funds 1,785,756
Fund Balance Appropriated 253,462
Total School Food Service Revenue $ 2,586,018
Section 9. The following amounts are hereby appropriated for the operation of the schools administrative unit in the Capital Outlay Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
5000 Instructional Programs $ 136,000
6000 Supporting Services 949,154
9000 Capital Outlay 362,430
Total Capital Outlay Appropriations $ 1,447,584
Section 10. The following revenues are estimated to be available to the Capital Outlay Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
Local Funds – County Appropriation $ 1,344,154
Fund Balance Appropriated 103,430
Total Capital Outlay Revenue $ 1,447,584
Section 11. The following amounts are hereby appropriated for the operation of the school administrative unit in the Other Local Current Expense fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
5000 Instructional Programs $ 795,827
6000 Supporting Services 211,049
7000 Ancillary Services 9,974
8000 Non-Programmed Charges 6,314
Total OtherLocal Current Expense Fund
Appropriations $ 1,023,164
Section 12. The following revenues are estimated to be available to the Other Local Current Expense Fund for the fiscal year beginning July 1, 2014 and ending June 30, 2015.
Federal Revenues $ 420,148
Local Funds – Fees, Pre-School, Out-of-District 313,918
Fund Balance Appropriated 60,098
State Revenues 229,000
Total Other Local Current Expense Fund Revenue $ 1,023,164
Section 13. All appropriations shall be paid first from revenues restricted as to use, and secondly from general unrestricted revenues.
Section 14. The Superintendent is hereby authorized to transfer appropriations within a fund under the following conditions:
A. He/she may transfer amounts between sub-functions and objects of expenditures within a function without limitations and without a report to the Board of Education being required.
B. He/she may transfer amounts not to exceed $10,000 between functions of the same fund with a report on such transfers being required at the next meeting of the Board of Education.
C. He/she may not transfer any amounts between funds or from any contingency appropriation within a fund.
Section 15. Copies of the Budget Resolution shall be immediately furnished to the Superintendent and Finance Officer for direction in carrying out their duties.
Budget Resolution
September22, 2014