Review Agenda Item
Meeting Date: 6/23/2022 - 6:30 PM
Category: Action Items
Type: Action
Subject: 6.3 Adoption of 2022-2023 Budget
Strategic Plan 2018-2023:
Vision
Building Successful Futures - Each Student - Every Day
Policy: DB - Annual Budget
Provide Name(s) of Attachments 2022-2023 PHSD Budget
File Attachment:
2022-2023 Park Hill School District Budget Document.pdf
Provide Background Details and Rationale: The 2022-2023 budgetary process began in the Fall, 2021. 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 $283,976,360.
Total expenditures are budgeted at $256,284,387.

The operating expenditure budget, which excludes debt service and bond expenditures, is $203,067,332.

The proposed expenditure budget is detailed by subfund below:

SUBFUND
----------------------------------------
101 - Operating Subfund | 75,275,904
105 - Student Activities/Trust Subfund | 2,042,434
107 - Food Service/Enterprise Subfund | 6,610,253
111 - Community Services/Enterprise Subfund | 4,042,467
202 - Special Revenue (Teachers) Subfund | 104,720,743
303 - Debt Service Subfund | 18,731,500
404 - Regular Capital Outlay Subfund | 10,375,531
408 - Bond Proceeds’ Capital Outlay Subfund | 34,485,555

Attachments include a comprehensive executive summary of the budget, and the entire budget document.
Provide Funding Source and Estimated Cost: District 2022-2023 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 2022-2023 Park Hill School District Budget as presented and listed by subfund.
Approvals:
Recommended By:
Signed By:
Dr. Paul Kelly - Assistant Superintendent - Business & Technology
Signed By:
Dr. Jeanette Cowherd - Superintendent
Vote Results:

Original Motion
Member Scott Monsees Moved, Member Bart Klein seconded to approve the Original motion 'It is recommended that the Park Hill Board of Education adopt the 2022-2023 Park Hill School District Budget as presented and listed by subfund.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0.
The motion Carried 7 - 0
   
Janice Bolin     Yes
Bart Klein     Yes
Scott Monsees     Yes
Kimberlee Ried     Yes
Brandy Woodley     Yes
Daryl Terwilleger     Yes
Shereka Barnes     Yes