MADISON ACADEMY Projected Budget For the Fiscal Year Ended June 30, 2016
Budget

REVENUE Estimated Fund Balance, July 1, 2015 1,020,000 (1XX) Local Sources 52,000 (2XX) State Sources 6,720,000 (3XX) Federal Sources 350,000 Other Sources 28,000

TOTAL AVAILABLE TO APPROPRIATE $8,170,000

EXPENDITURES (11X) Elementary 2,775,000 (11X) Preschool 170,000 Summer School 50,000 (12X) Special Education 343,000 (12X) Compensatory Education 350,000 (21X) Student Services 46,000 (22X) Staff Services 31,000 (22X) Student Assessment Services 14,000 (23X) General Administration 38,000 (23X) Executive Administration 814,000 (24X) School Administration 550,000 (25X) Business Services 44,000 (26X) Operations and Maintenance 600,000 Pupil Transportation 164,000 (28X) Other Support Services 10,000 Afterschool Athletics 45,000 (351) Custody and Care of Children 4,000 Outgoing Transfers and Other Transactions 1,035,000

TOTAL APPROPRIATED $7,083,000

EXCESS REVENUE (EXPENDITURES) $1,087,000