WBCSD announces budget information

PRIEST RIVER — The West Bonner County School District has released a summary statement of its revenue and expenditures for the 2020-2021 school year.

For revenue, the district has a beginning balance of $2,650,924 in the budget with an actual balance of $2,650,924. The local revenue line item in the budget was $2,648,167 with actual local revenue of $3,458,915. In the budget, state revenue was listed at $5,791,406 with actual state revenue of $6,413,932. In the budget, federal revenue is listed at $1,940,798; with actual federal revenue of $2,244,107. In the budget, the transferred in category is listed at $2,954,123; with the actual transferred in as $2,899,809.

The total amount of revenue in the budget is listed at $15,986,017; with the actual budget listed as $17,667,687.

For expenditures, the district listed $7,373,076 for salaries; with the actual total listed as $6,956,956. For benefits, the district listed $2,613,450; with an actual amount listed as $2,561,601. For purchased services, the district had $1,500,612 listed in the budget; with the actual amount listed as $1,281,343.

For supplies and materials, the district had $1,702,638 listed in the budget; with the actual amount listed as $1,125,953. For capital objects, the district had $192,493 listed in the budget; and $268,958 listed for actual amount. For debt retirement, the district has $21,140 listed in the budget and $21,140 listed for actual spent. For insurance and judgments, the district has $75,572 listed as budget and $75,572 listed for actual.

For transfers out, the district has $2,507,036 listed as budgeted and $2,899,809 listed as actual. Net adjustments are listed as $180,019.

The total amount of the budget is listed as $15,986,017; with an actual budget of $15,011,313. The ending fund balance is listed as $2,656,374.