Division of School Finance 1500 Highway 36 West District Revenues and Expenditures m ED-00110-43 DEPARTMENT OF EDUCATION Budget for Fiscal Year (FY) 2020 and FY 2021 Roseville, MN 55113-4266 General Information: Minnesota Statutes, section 123B.10, requires that every school board shall publish the subject data of this report. District Name: District Number: Mountain Lake Public School 0173 FY 2020 Actual FY 2020 Actual FY 2021 Budget FY 2021 Budget June 30, 2021 FY 2020 Beginning June 30, 2020 Actual Fund Revenues and Expenditures and Revenues and Expenditures and Projected Fund Fund Balances Fund Balances Transfers In Transfers Out Transfers In Transfers Out Balances General Fund/Restricted General Fund/Other Food Service Fund Community Service Fund Building Construction Fund Debt Service Fund 1,195,563 $ 6,010,912 S 38,501 $ 1,049,219 $ 5,762,164 $ 37,029 $ 321,327 $ 467,671 $ 1,014,133 $ 105,374 $ 1,376,430 1,145,180 $ 1,393,928 $ 5,748,453 $ 6,948,327 $ 194,054 113,908 $ 77,032 $ 10,607,971 $ 398,530 $ 332,686 $ 115,380 $ 398,986 $ 353,634 $ 1,929,144 $ 1,148,957 $ 114,924 361,099 S 1,853,183 S 979,176 $ 337,094 $ 101,037 $ 1,974,144 $ 80,089 10,487,010 $ 944,061 $ 45,000 35,115 $ 1,206,405 $ 92,563 Trust Fund Internal Service Fund * OPEB Revocable Trust Fund OPEB Irrevocable Trust Fund OPEB Debt Service Fund 24 -IS -IS -IS -IS -IS Total - All Funds 18,616,577 S 4,087,275 S Current Statutory Operating Debt per Minnesota Statutes, section 12,265,418 $ 10,438,434 S 8,700,207 $ 10,884,422 S 1,903,060 Long-Term Debt 123B.81 Outstanding July 1, 2019 Amount of General Fund Deficit, if any, in excess of 2.5% of expenditures 06/30/2020 12,595,000 Plus: New Issues 1,460,000 Less: Redemeed Issues Outstanding June 30, 2020 Cost per student - Average Daily Membership (ADM) 06/30/2020 290,000 13,765,000 Short-Term Debt 6,929,396.00 Total Operating Expenditures FY 2020 Total ADM Served + Tuitioned Out ADM + Adjusted Extended Certificates of Indebtedness 503.30 ADM Other Short-Term Indebtedness The complete budget may be inspected upon request to the superintendent. Comments: FY 2020 Operating Cost per ADM 13,767.92 You can view more information on our school's website. https://home.mountainlake.k12.mn.us You can also see our school's report card on the MN Department of Education website under MDE>Data Center, select "Minnesota Reprt Card" Division of School Finance 1500 Highway 36 West District Revenues and Expenditures m ED-00110-43 DEPARTMENT OF EDUCATION Budget for Fiscal Year (FY) 2020 and FY 2021 Roseville, MN 55113-4266 General Information: Minnesota Statutes, section 123B.10, requires that every school board shall publish the subject data of this report. District Name: District Number: Mountain Lake Public School 0173 FY 2020 Actual FY 2020 Actual FY 2021 Budget FY 2021 Budget June 30, 2021 FY 2020 Beginning June 30, 2020 Actual Fund Revenues and Expenditures and Revenues and Expenditures and Projected Fund Fund Balances Fund Balances Transfers In Transfers Out Transfers In Transfers Out Balances General Fund/Restricted General Fund/Other Food Service Fund Community Service Fund Building Construction Fund Debt Service Fund 1,195,563 $ 6,010,912 S 38,501 $ 1,049,219 $ 5,762,164 $ 37,029 $ 321,327 $ 467,671 $ 1,014,133 $ 105,374 $ 1,376,430 1,145,180 $ 1,393,928 $ 5,748,453 $ 6,948,327 $ 194,054 113,908 $ 77,032 $ 10,607,971 $ 398,530 $ 332,686 $ 115,380 $ 398,986 $ 353,634 $ 1,929,144 $ 1,148,957 $ 114,924 361,099 S 1,853,183 S 979,176 $ 337,094 $ 101,037 $ 1,974,144 $ 80,089 10,487,010 $ 944,061 $ 45,000 35,115 $ 1,206,405 $ 92,563 Trust Fund Internal Service Fund * OPEB Revocable Trust Fund OPEB Irrevocable Trust Fund OPEB Debt Service Fund 24 -IS -IS -IS -IS -IS Total - All Funds 18,616,577 S 4,087,275 S Current Statutory Operating Debt per Minnesota Statutes, section 12,265,418 $ 10,438,434 S 8,700,207 $ 10,884,422 S 1,903,060 Long-Term Debt 123B.81 Outstanding July 1, 2019 Amount of General Fund Deficit, if any, in excess of 2.5% of expenditures 06/30/2020 12,595,000 Plus: New Issues 1,460,000 Less: Redemeed Issues Outstanding June 30, 2020 Cost per student - Average Daily Membership (ADM) 06/30/2020 290,000 13,765,000 Short-Term Debt 6,929,396.00 Total Operating Expenditures FY 2020 Total ADM Served + Tuitioned Out ADM + Adjusted Extended Certificates of Indebtedness 503.30 ADM Other Short-Term Indebtedness The complete budget may be inspected upon request to the superintendent. Comments: FY 2020 Operating Cost per ADM 13,767.92 You can view more information on our school's website. https://home.mountainlake.k12.mn.us You can also see our school's report card on the MN Department of Education website under MDE>Data Center, select "Minnesota Reprt Card"