Analyze and evaluate the results from the Foodservice budget. (Hint: Describe the results from each section (revenue/expenditures).
1. What provided the largest revenue? What cost the most? Consider if the school district made a profit or loss.
2. If the district made a profit/loss, how should they use/save the extra money?
Budget Exercise: School Foodservice Using the school district's figures and the form below,prepare a budget for the school year. When complete, calculate the percentages of revenue/or comparison information. Form 9.1 School Foodservice Budget Percent (3) REVENUE Total (1) (2) BREAKFAST: 2232_Number Paying Middle x$ Price Charged 15, 30 Number Paying Secondary x $ 1.50 Price Charged 13,52 Number Reduced Price x $ 0 30_Price Charged 100 Number Paying Adults * $ 2.00 Price Charged 14,000 0.39 331300_Number Students Paying x $ 0,325_Federal Reimbursement 0822.5 0.3 13 OCNumber Reduced Price x $ 0.1550 Federal Reimbursement 10192.5 0.28 108. Number Free x 13050_Federal Reimbursement 140,940 3.93 33,480 09 22,950 0.64 4,050 0.11 TOTAL REVENUE FROM BREAKFAST 1236,435 6.6 LUNCH: 43900 Number Paying Middle x$_ 275_Price Charged. 1,188000 33.1 243, me Number Paying Secondary x $_ 3.25 Price Charged. 789750 22.01 -27 100 Number Red uced Price x $_040 Price Charged 10,8401 03 19,1800 Number Paying Adults $_315 Price Charged 74,250 12.07 675,000 Number Students Paying x $ 0. 365CFederal Reimbursement 1246, 375 6.87 27 100 Number Reduced Price x $1,650 Federal Reimbursement 285. Co Number Free x $ 19950_Federal Reimbursement 574, 560 16.01 Number Reimbursable Lunches x $0059841State Reimbursement 692415% 44,715 1.25 1.65 83,3 TOTAL REVENUE FROM LUNCH 299137.59 OTHER REVENUE A La Carte Sales Special Functions or Catering Interest USDA Donated Commodities USDA Commodity Rebates Other 14 2,200 28,000 4,200 103,000 2,020 42, 150 41, 152 362,122 35. 86894, 584 Total 997,230 803, 800 396 0.78 1,171 2,87 0.05 1.18 1,15 State Matching TOTAL REVENUE FROM OTHER SOURCES TOTAL REVENUE 10.11 Percent EXPENDITURES FOOD COSTS (Including value of commodities used) SCHOOL STAFF: Wages and Salaries Fringe Benefits, Employer's Share 42.55 34,3 8,62 201,995 LABOR AND FRINGE BENEFITS LABOR AND FRINGE BENEFITS CENTRAL OFFICE STAFF SALARIES 147, 112 6,27 SUPPLIES, DETERGENTS, AND DISPOSABLES 95, 264 4.06 SMALL EQUIPMENT AND OFFICE SUPPLIES LARGE EQUIPMENT 1,920 0.08 52,060 2,22 44,209 2, 343,590 100% (1, 243, 304, 5041 1,88 OTHER OPERATING TOTAL EXPENDITURES RESERVE FUND Value of commodities may or may not be included as a revenue and as an expense. D. Pannell-Martin
