District Budget

When budgets are prepared, the Cocalico School District tries its best to balance the funding needs of educating our students and the ability of our community to supply the financial support. Budgeting involves projecting not only what we plan on spending, but also what we plan on receiving in revenues. In general, revenues are classified by the source of the funding. Local Revenues are money received from Taxes, Interest, and School Rentals. State Revenues include subsidies for Basic Education, Special Education, Transportation, and Health Services. Federal Revenues are grants received for Reading, Math, and Science Programs.

Expenditures are broken down into categories that help define the use of the money. Instruction expenditures are all costs directly involved in teaching the students. Support Services expenditures are areas such as Library Services, Guidance, Nursing, and Business Office. Operation of Non-Instructional Services expenditures are costs associated with student activities and community services. Other Expenditures and Financing Uses expenditures are debt payments.

 The following is a summary of the 2018-2019 budget.

TYPE OF REVENUE INCOME PERCENT OF BUDGET
Local Revenues $37,916,938 68.62%
State Revenues $16,234,776 29.38%
Federal Revenues $642,396 1.16%
 Other Revenues $464,500 0.84%

TYPE OF EXPENDITURE COST PERCENT OF BUDGET
Instruction $36,548,802 59.10%
Support Services $18,178,208 29.39%
Operation of Non-Instructional Services $1,278,313 2.07%
Other Expenditures & Financing Uses $5,836,511 9.44%

 

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