Division of School Finance 1500 Highway 36 West District Revenues and Expenditures Budget for Fiscal Year (FY) 2021 and FY 2022 ED-00110-44 DEPARTMENT OF EDUCATION Roseville, MN 55113-4266 General Information: Minnesota Statutes, section 1238.10, requires that every school board shall publish the subject data of this report. District Name: District Number: Mountain Lake Public School 0173 FY 2021 Actual FY 2021 Actual FY 2022 Budget FY 2022 Budget Revenues and June 30, 2022 FY 2021 Beginning June 30, 2021 Actual Fund Revenues and Expenditures and Expenditures and Projected Fund Fund Balances Fund Balances Transfers In Transfers Out Transfers In Transfers Out Balances General Fund/Restricted General Fund/Other 741,646 $ 1,018,703 $ 356,971 $ 1,425,980 $ 254,655 S 1,022,901 $ 872,424 $ 7,150,192 $ 399,100 S 1,403,378 $ 507,448 6,383,229 $ 1,205,065 $ 123,379 |$ 6,162,314 $ 331,697 S 399,436 $ 1,918,512 $ 6,795,438 $ 1,071,226 Food Service Fund 462,973 $ 414,230 S 269,785 Community Service Fund $ 95,945 $ 425,464 S 121,973 $ 311,317 S 368,544 $ 64,746 Building Construction Fund Debt Service Fund Trust Fund Internal Service Fund 1,974,144 $ 24,965 $ 80,597 $ 80,597 $ 35,113 $ 11,591,627 S 1,148,958 $ 10,477,782 $ 1,211,543 S 1,153,850 S 10,535,475 *OPEB Revocable Trust Fund -IS OPEB Irrevocable Trust Fund OPEB Debt Service Fund -IS 19,906,961 $ 12,717,958 S Current Statutory Operating Debt per Minnesota Statutes, section 1238.81 Total - All Funds 4,175,292 $ 11,364,295 $ 9,755,429 $ 10,024,707 $ 12,448,680 Long-Term Debt Amount of General Fund Deficit, if any, in excess of 2.5% of Outstanding July 1, 2020 Plus: New Issues 13,765,000 expenditures 06/30/2021 10,645,000 Cost per student - Average Daily Membership (ADM) 06/30/2021 Less: Redemeed Issues Outstanding June 30, 2021 575,000 23,835,000 Total Operating Expenditures FY 2021 Total ADM Served + Tuitioned Out ADM + Adjusted Extended Short-Term Debt 7,668,464.00 Certificates of Indebtedness Other Short-Term Indebtedness The complete budget may be inspected upon request to the superintendent. Comments: 511.94 ADM FY 2021 Operating Cost per ADM 24 14,979.22 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 Budget for Fiscal Year (FY) 2021 and FY 2022 ED-00110-44 DEPARTMENT OF EDUCATION Roseville, MN 55113-4266 General Information: Minnesota Statutes, section 1238.10, requires that every school board shall publish the subject data of this report. District Name: District Number: Mountain Lake Public School 0173 FY 2021 Actual FY 2021 Actual FY 2022 Budget FY 2022 Budget Revenues and June 30, 2022 FY 2021 Beginning June 30, 2021 Actual Fund Revenues and Expenditures and Expenditures and Projected Fund Fund Balances Fund Balances Transfers In Transfers Out Transfers In Transfers Out Balances General Fund/Restricted General Fund/Other 741,646 $ 1,018,703 $ 356,971 $ 1,425,980 $ 254,655 S 1,022,901 $ 872,424 $ 7,150,192 $ 399,100 S 1,403,378 $ 507,448 6,383,229 $ 1,205,065 $ 123,379 |$ 6,162,314 $ 331,697 S 399,436 $ 1,918,512 $ 6,795,438 $ 1,071,226 Food Service Fund 462,973 $ 414,230 S 269,785 Community Service Fund $ 95,945 $ 425,464 S 121,973 $ 311,317 S 368,544 $ 64,746 Building Construction Fund Debt Service Fund Trust Fund Internal Service Fund 1,974,144 $ 24,965 $ 80,597 $ 80,597 $ 35,113 $ 11,591,627 S 1,148,958 $ 10,477,782 $ 1,211,543 S 1,153,850 S 10,535,475 *OPEB Revocable Trust Fund -IS OPEB Irrevocable Trust Fund OPEB Debt Service Fund -IS 19,906,961 $ 12,717,958 S Current Statutory Operating Debt per Minnesota Statutes, section 1238.81 Total - All Funds 4,175,292 $ 11,364,295 $ 9,755,429 $ 10,024,707 $ 12,448,680 Long-Term Debt Amount of General Fund Deficit, if any, in excess of 2.5% of Outstanding July 1, 2020 Plus: New Issues 13,765,000 expenditures 06/30/2021 10,645,000 Cost per student - Average Daily Membership (ADM) 06/30/2021 Less: Redemeed Issues Outstanding June 30, 2021 575,000 23,835,000 Total Operating Expenditures FY 2021 Total ADM Served + Tuitioned Out ADM + Adjusted Extended Short-Term Debt 7,668,464.00 Certificates of Indebtedness Other Short-Term Indebtedness The complete budget may be inspected upon request to the superintendent. Comments: 511.94 ADM FY 2021 Operating Cost per ADM 24 14,979.22 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"