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District Revenues and Expenditures

Division of School Finance "District Revenues and Expenditures Budget for Fiscal Year (FY) 2022 and FY 2023" ED-00110-45 400 NE Stinson Blvd. Minneapolis, MN 55413 General Information: Minnesota Statutes 2021, section 123B.10, requires that every school board shall publish the subject data of this report. District Name: Willmar Public Schools District Number: 0347-01 Fund FY 2022 Beginning Fund Balances FY 2022 Actual Revenues and Transfers In FY 2022 Actual Expenditures and Transfers Out June 30, 2022 Actual Fund Balances FY 2023 Budget Revenues and Transfers In FY 2023 Budget Expenditures and Transfers Out June 30, 2023 Projected Fund Balances General Fund/Restricted $1,383,098 $13,712,000 $13,048,128 $2,046,970 $14,095,748 $14,037,038 $2,105,680 General Fund/Other $17,277,331 $47,311,521 $49,980,008 $14,608,844 $49,872,494 $54,959,620 $9,521,718 Food Service Fund $940,399 $4,959,506 $3,975,289 $1,924,616 $3,262,134 $3,842,665 $1,344,085 Community Service Fund $876,314 $2,941,011 $2,837,799 $979,526 $2,676,695 $2,748,884 $907,337 Building Construction Fund $- $- $- $- $- $- $- Debt Service Fund $779,243 $3,588,677 $3,614,115 $753,805 $3,604,388 $3,616,715 $741,478 Trust Fund $- $- $- $- $- $- $- Internal Service Fund $83,977 $106,028 $128,155 * OPEB Revocable Trust Fund $- $- $- $- $- $- $- OPEB Irrevocable Trust Fund $- $- $- $- $- $- $- OPEB Debt Service Fund $- $- $- $- $- $- $- Total - All Funds $21,340,362 $72,512,715 $73,455,339 $20,419,789 $73,511,459 $79,204,922 $14,748,453 Long-Term Debt Current Statutory Operating Debt per Minnesota Statutes 2021, section 123B.81 Outstanding July 1, 2021 $45,691,262 Amount of General Fund Deficit, if any, in excess of 2.5% of expenditures 06/30/2022 $- Plus: New Issues $- no data no data no data Less: Redemeed Issues $2,718,942 Cost per student - Average Daily Membership (ADM) 06/30/2022 Outstanding June 30, 2022 $42,972,320 no data no data no data Short-Term Debt Total Operating Expenditures $67,456,978.00 Certificates of Indebtedness $- FY 2022 Total ADM Served + Tuitioned Out ADM + Adjusted Extended ADM 4,279.01 Other Short-Term Indebtedness $- FY 2022 Operating Cost per ADM $15,764.62 The complete budget may be inspected upon request to the superintendent. Comments: Audited financial statements and detailed budget information available on the district website at willmar.k12.mn.us