Bellefonte Area School District
GENERAL FUND
SUMMARY OF REVENUE & EXPENDITURES
	ACTUAL	BUDGET	PROJECTED	BUDGET	INC (DEC)	PERCENT	% OF EACH
	02-03	03-04	03-04	04-05	04-05	INC (DEC)	CATEGORY
BEGINNING FUND BALANCE	$3,309,508	$3,460,262	$3,460,262	$3,221,062	($239,200)	-6.9%
REVENUES:
6000 Local Sources	15,795,852	16,387,400	16,387,400	16,932,875	545,475	3.3%	59.7%
7000 State Sources	9,742,027	9,903,904	9,903,904	10,336,408	432,504	4.4%	36.4%
8000 Federal Sources	1,141,563	1,077,996	1,077,996	1,117,317	39,321	3.6%	3.9%
TOTAL REVENUE	26,679,442	27,369,300	27,369,300	28,386,600	1,017,300	3.7%	100.0%
EXPENDITURES:
100 Salaries	15,486,553	15,509,351	15,367,851	16,098,444	589,093	3.8%	54.5%
200 Benefits	3,025,846	3,705,289	3,705,289	4,632,143	926,854	25.0%	15.7%
300 Professional Services	759,477	1,056,270	1,056,270	840,431	(215,839)	-20.4%	2.8%
400 Purchased Services	816,591	903,136	903,136	890,450	(12,686)	-1.4%	3.0%
500 Other Purchased Services	2,712,056	3,137,016	3,137,016	3,507,464	370,448	11.8%	11.9%
600 Supplies	1,364,813	1,230,990	1,230,990	1,339,039	108,049	8.8%	4.5%
700 Property	666,810	542,155	542,155	406,120	(136,035)	-25.1%	1.4%
800 Other Objects	909,827	932,568	832,568	780,909	(151,659)	-16.3%	2.6%
900 Other Uses of Funds	786,715	933,225	833,225	1,045,000	111,775	12.0%	3.5%
TOTAL EXPENDITURES	26,528,688	27,950,000	27,608,500	29,540,000	1,590,000	5.7%	100.0%
EXCESS/(DEFICIT) OF REVENUE	150,754	(580,700)	(239,200)	(1,153,400)	(572,700)
OVER EXPENDITURES
ENDING FUND BALANCE	$3,460,262	$2,879,562	$3,221,062	$2,067,662
Real Estate Tax Millage	33.879	35.282	35.282	35.826	0.544	1.5%
Fund Balance %	13.0%	10.3%	11.7%	7.0%