Bridgman Public
Schools–District Financial
Information 2007-2008
| Revenues |
|
| Non-Homestead Property |
8.376 Mills |
| S.E.T. (State Education Tax) |
6 Mills |
| |
|
| Recreation |
.5 Mills (2004-2012) |
| |
|
| Resident Student Foundation Allowance |
$8,433 Per Pupil |
| 2007 Standard & Poor's Rating, A- |
|
| Expenditures |
Cost |
% of Budget |
| BES Teacher Salaries |
$1,046,299 |
11.11% |
| RMS Teacher Salaries |
$1,001,769 |
10.64% |
| BHS Teacher Salaries |
$1,164,072 |
12.36% |
| Special Ed. Teacher Salaries |
$464,905 |
4.94% |
| Teacher Health Insurance |
$1,074,400 |
11.41% |
| Worker's Comp. Insurance |
$31,424 |
0.33% |
| Administration Salaries |
$400,196 |
4.25% |
| Secretary Salaries |
$252,983 |
2.69% |
| Support Staff/Admin. Health Ins. |
$268191 |
2.85% |
| Technology |
$125,645 |
1.33% |
| Maintenance |
$664,903 |
7.06% |
| Utilities |
$231,530 |
2.46% |
| Transportation |
$343,539 |
3.65% |
| Transfer to Athletics |
$233,731 |
2.48% |
| Shared Time & Math/Science Ctr. |
$123,348 |
1.31% |
| FICA |
$389,516 |
4.14% |
| Retirement |
$851,340 |
9.04% |
| |
|
|
| Projected Expenditures |
$9,415,781 |
|
| Projected Revenue |
$9,26,243 |
|
| Deficit |
($147,538) |
|
| |
|
|
| Athletics |
$306,481 |
|
| |
|
|
| Fund Balances as of June 30, 2007 |
|
|
| General Fund |
$1,734,112 |
|
| Building & Site |
$82,423 |
|
| Public Improvement |
$124,443 |
|
| Recreation |
$89,829 |
|
| |
|
|
Fiscal Year |
|
General |
|
Change in |
|
% Change in |
Ending June 30 |
|
Fund Balance |
|
Fund Balance |
|
Fund Balance |
1992 |
|
5,372,874 |
|
|
|
|
1993 |
|
4,688,388 |
|
-684,486 |
|
-12.74% |
1994 |
|
3,776,397 |
|
-911,991 |
|
-19.45% |
1995 |
|
3,518,229 |
|
-258,168 |
|
-6.84% |
1996 |
|
3,101,287 |
|
-416,942 |
|
-11.85% |
1997 |
|
2,762,312 |
|
-338,975 |
|
-10.93% |
1998 |
|
3,407,720 |
|
645,408 |
|
23.36% |
1999 |
|
3,086,261 |
|
-321,459 |
|
-9.43% |
2000 |
|
2,743,625 |
|
-342,636 |
|
-11.10% |
2001 |
|
2,715,537 |
|
-28,088 |
|
-1.02% |
2002 |
|
2,559,036 |
|
-156,501 |
|
-5.76% |
2003 |
|
2,049,388 |
|
-509,648 |
|
-19.92% |
2004 |
|
1,841,129 |
|
-208,259 |
|
-10.20% |
2005 |
|
1,717,190 |
|
-123,939 |
|
-6.70% |
2006 |
|
1,638,304 |
|
-78,886 |
|
-4.60% |
2007 |
|
1,734,124 |
|
95,808 |
|
5.85% |
2006-07 Budget Reductions
Microsoft PowerPoint file |
|
