Review Agenda Item
Meeting Date: 6/24/2021 - 6:30 PM
Category: Action Items
Type: Action
Subject: 6.4 Adoption of 2021-2022 Budget
Strategic Plan 2018-2023:
Vision
Building Successful Futures - Each Student - Every Day
Policy: DB - Annual Budget
Provide Name(s) of Attachments 2021-2022 Budget
File Attachment:
2021-2022 Park Hill Budget v1.pdf
Provide Background Details and Rationale: The 2021-2022 budgetary process began in the Fall, 2020. Input has been gathered from the Board of Education, district administrators, site-based teams, department heads, grade-level teams, and staff over the last six months to develop this recommended budget.

Total revenues are budgeted at $204,217,582.
Total expenditures are budgeted at $201,990,105.

The operating expenditure budget, which excludes debt service and bond expenditures, is $191,372,005.

The proposed expenditure budget is detailed by fund below:

FUND
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Subfund 101 - Operating Subfund - 67,354,147
Subfund 105 - Student Activities/Trust Subfund - 2,181,220
Subfund 107 - Food Service/Enterprise Subfund - 6,092,081
Subfund 111 - Community Services/Enterprise Subfund - 3,996,699
Subfund 202 - Special Revenue (Teachers) Subfund - 97,792,921
Subfund 303 - Debt Service Subfund - 10,618,100
Subfund 404 - Regular Capital Outlay Subfund - 13,954,936
Subfund 408 - Bond Proceeds’ Capital Outlay Subfund - 0

Attachments include a comprehensive executive summary of the budget, and the entire budget document.
Provide Funding Source and Estimated Cost: District 2021-2022 Budget
Legal References Missouri Revised Statutes, Chapter 67, Section 67.010
Name of Persons(s) Submitting Agenda Item with Title Dr. Paul Kelly, Assistant Superintendent of Business & Technology
Dr. Jeanette Cowherd, Superintendent of Schools
Presenter(s) if Presentation Anticipated Dr. Paul Kelly, Assistant Superintendent of Business & Technology
Recommendation: It is recommended that the Park Hill Board of Education adopt the 2021-2022 District Budget as presented and listed by fund.
Approvals:
Recommended By:
Signed By:
Dr. Paul Kelly - Assistant Superintendent - Business & Technology
Signed By:
Dr. Jeanette Cowherd - Superintendent
Vote Results:

Original Motion
Member Kimberlee Ried Moved, Member Bart Klein seconded to approve the Original motion 'It is recommended that the Park Hill Board of Education adopt the 2021-2022 District Budget as presented and listed by fund.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 6 Nay: 0.
The motion Carried 6 - 0
   
Todd Fane     Yes
Janice Bolin     Yes
Bart Klein     Yes
Scott Monsees     Yes
Kimberlee Ried     Yes
Brandy Woodley     Yes