Agenda Item
Meeting Date: 6/15/2020 - 6:00 PM
Category: Business-Related Reports
Type: Info
Subject: April Food Service Report
District Goals:
Objective #6: Finance & Operations
Address ongoing financial challenges by re-examining system processes for efficiencies that can drive resources into our core purpose of student learning. * Fund Balance and Bond Rating * Balanced Budget * Efficient Operations
Policy:
Enclosure: The attached document shows the 2019-20 food service budget and activity through April 2020.
File Attachment:
Food Service Report 6.09.20.pdf
Summary: April revenues are 64% of projections for the school year. Year-to-date expenses equal 67% of projected year-end budget amounts. Year-to-date net loss is $9,208. Revenue amounts do not include revenue from the Summer Food Service Program, which began on March 18, so net income is artificially low. More than 58,000 meals were served in the SFSP since March.
Budgetary Impact: The food service program is run out of Fund 50. The fund is projected to be self-sustaining again this year.
Recommendation:
Approvals:
Recommended By:
Signed By:
Jonah Adams - Business Manager
Signed By:
Mary Whitrock (SUPT) - Superintendent