Division of School Finance 400 NE Stinson Blvd. Minneapolis, MN 55413 General Information: Minnesota Statutes 2021, section 1238.10, requires that every school board shall publish the subject data of this report. District Name: Mountain Lake Public School m DEPARTMENT OF EDUCATION Fund General Fund/Restricted General Fund/Other Food Service Fund Community Service Fund Building Construction Fund Debt Service Fund Trust Fund Internal Service Fund *OPEB Revocable Trust Fund OPEB Irrevocable Trust Fund OPEB Debt Service Fund Total - All Funds Outstanding July 1, 2021 Plus: New Issues $ $ $ $ $ $ Less: Redemeed Issues Outstanding June 30, 2022 $ $ Long-Term Debt $ $ S $ $ FY 2022 Beginning Fund Balances S $ $ Short-Term Debt 289,582 $ 1,493,368 $ 254,656 $ 121,973 $ 80,597 $ 10,477,782 $ -$ . -$ $ $ 12,717,958 $ 23,835,000 425,000 620,000 23,640,000 FY 2022 Actual Revenues and Transfers In 1,303,200 $ 6,235,772 $ 577,839 $ 452,343 $ 415,568 $ 659,234 $ -$ $ -$ $ 9,643,956 $ Certificates of Indebtedness $ Other Short-Term Indebtedness $ The complete budget may be inspected upon request to the superintendent. Comments: *Other Post-Employment Benefits (OPEB) District Revenues and Expenditures Budget for Fiscal Year (FY) 2022 and FY 2023 FY 2022 Actual Expenditures and Transfers Out June 30, 2022 Actual Fund Balances 1,370,471 $ 6,712,533 $ 625,501 $ 458,693 $ 113,395 $ 1,301,325 $ $ $ $ 222,311 S 1,016,607 $ 206,994 $ 115,623 $ 382,770 $ 9,835,691 $ -$ $ - $ FY 2023 Budget Revenues and Transfers In 1,030,253 $ 5,851,220 $ District Number: FY 2023 Budget Expenditures and Transfers Out 420,030 $ 298,593 $ $ 1,223,984 $ -$ -$ -$ $ $ -$ $ 10,581,918 $ 11,779,996 $ 8,824,080 $ Current Statutory Operating Debt per Minnesota Statutes 2021, section 1238.81 Amount of General Fund Deficit, if any, in excess of 2.5% of expenditures 06/30/2022 Cost per student - Average Daily Membership (ADM) 06/30/2022 Total Operating Expenditures FY 2022 Total ADM Served + Tuitioned Out ADM+ Adjusted Extended ADM FY 2022 Operating Cost per ADM $ $ $ 998,103 $ 6,332,993 $ 479,200 $ 450,065 $ 382,770 $ 1,165,698 $ $ $ $ -$ -$ 9,808,829 $ ED-00110-45 0173 June 30, 2023 Projected Fund Balances 254,461 534,834 147,824 (35,849) 9,893,977 10,795,247 8,652,730.00 503.06 17,200.19 Division of School Finance 400 NE Stinson Blvd. Minneapolis , MN 55413 General Information : Minnesota Statutes 2021 , section 1238.10 , requires that every school board shall publish the subject data of this report . District Name : Mountain Lake Public School m DEPARTMENT OF EDUCATION Fund General Fund / Restricted General Fund / Other Food Service Fund Community Service Fund Building Construction Fund Debt Service Fund Trust Fund Internal Service Fund * OPEB Revocable Trust Fund OPEB Irrevocable Trust Fund OPEB Debt Service Fund Total - All Funds Outstanding July 1 , 2021 Plus : New Issues $ $ $ $ $ $ Less : Redemeed Issues Outstanding June 30 , 2022 $ $ Long - Term Debt $ $ S $ $ FY 2022 Beginning Fund Balances S $ $ Short - Term Debt 289,582 $ 1,493,368 $ 254,656 $ 121,973 $ 80,597 $ 10,477,782 $ - $ . - $ $ $ 12,717,958 $ 23,835,000 425,000 620,000 23,640,000 FY 2022 Actual Revenues and Transfers In 1,303,200 $ 6,235,772 $ 577,839 $ 452,343 $ 415,568 $ 659,234 $ - $ $ - $ $ 9,643,956 $ Certificates of Indebtedness $ Other Short - Term Indebtedness $ The complete budget may be inspected upon request to the superintendent . Comments : * Other Post - Employment Benefits ( OPEB ) District Revenues and Expenditures Budget for Fiscal Year ( FY ) 2022 and FY 2023 FY 2022 Actual Expenditures and Transfers Out June 30 , 2022 Actual Fund Balances 1,370,471 $ 6,712,533 $ 625,501 $ 458,693 $ 113,395 $ 1,301,325 $ $ $ $ 222,311 S 1,016,607 $ 206,994 $ 115,623 $ 382,770 $ 9,835,691 $ - $ $ - $ FY 2023 Budget Revenues and Transfers In 1,030,253 $ 5,851,220 $ District Number : FY 2023 Budget Expenditures and Transfers Out 420,030 $ 298,593 $ $ 1,223,984 $ - $ - $ - $ $ $ - $ $ 10,581,918 $ 11,779,996 $ 8,824,080 $ Current Statutory Operating Debt per Minnesota Statutes 2021 , section 1238.81 Amount of General Fund Deficit , if any , in excess of 2.5 % of expenditures 06/30/2022 Cost per student - Average Daily Membership ( ADM ) 06/30/2022 Total Operating Expenditures FY 2022 Total ADM Served + Tuitioned Out ADM + Adjusted Extended ADM FY 2022 Operating Cost per ADM $ $ $ 998,103 $ 6,332,993 $ 479,200 $ 450,065 $ 382,770 $ 1,165,698 $ $ $ $ - $ - $ 9,808,829 $ ED - 00110-45 0173 June 30 , 2023 Projected Fund Balances 254,461 534,834 147,824 ( 35,849 ) 9,893,977 10,795,247 8,652,730.00 503.06 17,200.19