Agenda Item
Meeting Date: 12/16/2019 - 6:00 PM
Category: Business-Related Reports
Type: Info
Subject: October 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 October 31, 2019.
File Attachment:
Food Service Report 12.10.19.pdf
Summary: Current revenues are 18% of projections for the school year. Year-to-date expenses equal 16% of projected year-end budget amounts. Year-to-date net income is $15,361 with most expenditures and revenues recorded.
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