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: Windom Area Schools 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 $ $ FY 2022 Beginning Fund Balances $ $ $ Long-Term Debt $ $ $ $ $ $ $ $ $ $ $ Short-Term Debt 2,585,725 $ 3,264,704 $ 140,369 $ 118,615 $ 873,909 $ 405,379 $ 11,794 $ -$ -$ - $ 7,400,495 $ 28,254,928 160,785 28,094,143 FY 2022 Actual Revenues and Transfers In 2,343,612 $ 14,323,521 S 1,085,264 $ 439,751 $ 1,378 $ 2,323,444 $ 17,433 $ $ $ $ 20,534,403 $ Certificates of Indebtedness NONE Other Short-Term Indebtedness NONE The complete budget may be inspected upon request to the superintendent. Comments: A RESTATEMENT ON LONG-TERM DEBT WAS DONE DUE TO GASB 87 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 2,334,352 $ 14,480,891 $ 926,084 $ 427,760 $ 227,086 $ 2,271,188 $ 11,000 $ $ -$ -$ -$ 2,594,985 $ 3,107,336 $ 299,549 $ 130,606 $ 648,201 $ 457,636 $ 18,227 $ FY 2023 Budget Revenues and Transfers In 2,415,407 $ 15,192,869 $ 962,895 $ 421,938 $ 4,000 $ 2,315,729 $ 3,076 $ $ -$ $ 7,256,540 $ $ 20,678,361 $ 21,315,914 $ Current Statutory Operating Debt per Minnesota Statutes 2021, section 1238.81 District Number: FY 2023 Budget Expenditures and Transfers Out 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 $ $ 2,955,498 $ 15,890,608 $ 1,071,030 $ 401,578 $ 507,400 $ 2,308,463 $ 6,000 $ $ S $ $ 23,140,577 $ $0 ED-00110-45 0177 June 30, 2023 Projected Fund Balances 2,054,894 2,409,599 191,414 150,966 144,801 464,902 15,303 5,431,879 17,514,869.00 1,170.00 14,969.97 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 : Windom Area Schools 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 $ $ FY 2022 Beginning Fund Balances $ $ $ Long - Term Debt $ $ $ $ $ $ $ $ $ $ $ Short - Term Debt 2,585,725 $ 3,264,704 $ 140,369 $ 118,615 $ 873,909 $ 405,379 $ 11,794 $ - $ - $ - $ 7,400,495 $ 28,254,928 160,785 28,094,143 FY 2022 Actual Revenues and Transfers In 2,343,612 $ 14,323,521 S 1,085,264 $ 439,751 $ 1,378 $ 2,323,444 $ 17,433 $ $ $ $ 20,534,403 $ Certificates of Indebtedness NONE Other Short - Term Indebtedness NONE The complete budget may be inspected upon request to the superintendent . Comments : A RESTATEMENT ON LONG - TERM DEBT WAS DONE DUE TO GASB 87 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 2,334,352 $ 14,480,891 $ 926,084 $ 427,760 $ 227,086 $ 2,271,188 $ 11,000 $ $ - $ - $ - $ 2,594,985 $ 3,107,336 $ 299,549 $ 130,606 $ 648,201 $ 457,636 $ 18,227 $ FY 2023 Budget Revenues and Transfers In 2,415,407 $ 15,192,869 $ 962,895 $ 421,938 $ 4,000 $ 2,315,729 $ 3,076 $ $ - $ $ 7,256,540 $ $ 20,678,361 $ 21,315,914 $ Current Statutory Operating Debt per Minnesota Statutes 2021 , section 1238.81 District Number : FY 2023 Budget Expenditures and Transfers Out 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 $ $ 2,955,498 $ 15,890,608 $ 1,071,030 $ 401,578 $ 507,400 $ 2,308,463 $ 6,000 $ $ S $ $ 23,140,577 $ $ 0 ED - 00110-45 0177 June 30 , 2023 Projected Fund Balances 2,054,894 2,409,599 191,414 150,966 144,801 464,902 15,303 5,431,879 17,514,869.00 1,170.00 14,969.97