mat Tools Add-ons Help Last edit was 3 minutes ago Normal text Arial 12 BI U A 21:13 1.5 Budgeting is important not only for businesses. Also in our personal lives we have scarce resources, especially money and time, but also other resources like for example cell phone data, use of the family computer or family TV set, access to childcare etc. Our college prepares annual budgets as well. You find the college's budget Please look at page 5, the Unrestricted General Fund and share your observations about at least 2 line items of your choice. Compare the 2019/20 budgeted amounts with the 2018/19 actual amounts. Share your observations with the class and discuss possible reasons for the differences (or similarities) you observed. 1 Unrestricted General Fund - Fund 11 2018-19 Adopted Budget 2018-19 Unaudited Actual 2019-20 Adopted Budget Revenue $0 1 1 Federal Revenue 2 State Revenue Local Revenue $0 47 245,000 42, 103, 151 54,703,300 56,354, 212 45,087.000 2 54,916,500 $100,003,500 Total Revenue $101,948,300 $98.457,363 Expenses $42,634,555 20,452,031 20.962,269 $45,085,055 21.933,588. 23,411,007 Certificated Salaries Classified Salaries + Employee Benefits Materials & Supplies Operating Expenses 1 Capital Outlay Total Expenses 1.790,243 $44,641,652 21.454,559 21.221,847 1,583,643 10.511,121 422,350 $99,835,178 10,414,309 335,600 596,589,007 1,464,475 10,048, 175 378,500 $102.340.000 Transfers & Other 30 829,602 (1215,000) 6.500.000 (16,390) (15 001.780) 000,020 (1.360,000) 0.00 (0,005) 400.000 (1.300.000) 000 (16.300) Transfers in Other sources Transfers out Contingency Other Out Total Transfersiother Fund Balance Net Change in Fund Balance Beginning Branco July 1 Ants to Beginning Balance Refund Balance, June 30 (51.947.004) (51.542.4353 20.925.400 20.925.400 (53.25.600) 27.02.495 $20.312.08 124.2005 2018-19 Adopted Budget 2018-19 Unaudited Actual 2019-20 Adopted Budget Revenue 1 Federal Revenue $0 $0 2 State Revenue 47,245,000 42, 103, 151 45,087,000 2 3 Local Revenue 54,703,300 56,354,212 54,916,5003 4 Total Revenue $101,948,300 $98,457,363 $100,003,500 4 Expenses $42,634,555 $45,085,055 5 20,452,031 $44,641,652 21.454,559 21,221,847 21,933,588 20,962,269 23.411,007 1 Certificated Salaries Classified Salaries 7 Employee Benefits Materials & Supplies Operating Expenses 10 Capital Outlay 11 Total Expenses 1.790,243 1,583,643 1,464,475. 10,414,309 10,511,121 10,068,175. 335,600 422,356 378,500 10 $96,589,007 $99,835,178 $102,340,800 11 Transfers & Other 12 Transfers in 12 Other Sources $0 829,602 2 800,826 400,000 14 Transfers out 15 Contingency 10 Other Out Go 17 Total Transfers/Other (1,215,000) (6,500,000) (16,390) ($6,901,788) (1,360,000) 0.00 (6,005) ($565,179) (1,300,000) 14 0.001 (16,390) 10 ($916,390) 17 ($1,542,495) ($1,942,994) ($3,253,690) 18 Fund Balance 18 Net Change in Fund Balance 10 Beginning Balance, July 1 Adjustments to Beginning 20 Balance 24 Net Fund Balance, June 30 29.925,489 29,925,489 27,982,495 10 0 $28,382,994 0 $27,982,495 020 $24,728,805 21 mat Tools Add-ons Help Last edit was 3 minutes ago Normal text Arial 12 BI U A 21:13 1.5 Budgeting is important not only for businesses. Also in our personal lives we have scarce resources, especially money and time, but also other resources like for example cell phone data, use of the family computer or family TV set, access to childcare etc. Our college prepares annual budgets as well. You find the college's budget Please look at page 5, the Unrestricted General Fund and share your observations about at least 2 line items of your choice. Compare the 2019/20 budgeted amounts with the 2018/19 actual amounts. Share your observations with the class and discuss possible reasons for the differences (or similarities) you observed. 1 Unrestricted General Fund - Fund 11 2018-19 Adopted Budget 2018-19 Unaudited Actual 2019-20 Adopted Budget Revenue $0 1 1 Federal Revenue 2 State Revenue Local Revenue $0 47 245,000 42, 103, 151 54,703,300 56,354, 212 45,087.000 2 54,916,500 $100,003,500 Total Revenue $101,948,300 $98.457,363 Expenses $42,634,555 20,452,031 20.962,269 $45,085,055 21.933,588. 23,411,007 Certificated Salaries Classified Salaries + Employee Benefits Materials & Supplies Operating Expenses 1 Capital Outlay Total Expenses 1.790,243 $44,641,652 21.454,559 21.221,847 1,583,643 10.511,121 422,350 $99,835,178 10,414,309 335,600 596,589,007 1,464,475 10,048, 175 378,500 $102.340.000 Transfers & Other 30 829,602 (1215,000) 6.500.000 (16,390) (15 001.780) 000,020 (1.360,000) 0.00 (0,005) 400.000 (1.300.000) 000 (16.300) Transfers in Other sources Transfers out Contingency Other Out Total Transfersiother Fund Balance Net Change in Fund Balance Beginning Branco July 1 Ants to Beginning Balance Refund Balance, June 30 (51.947.004) (51.542.4353 20.925.400 20.925.400 (53.25.600) 27.02.495 $20.312.08 124.2005 2018-19 Adopted Budget 2018-19 Unaudited Actual 2019-20 Adopted Budget Revenue 1 Federal Revenue $0 $0 2 State Revenue 47,245,000 42, 103, 151 45,087,000 2 3 Local Revenue 54,703,300 56,354,212 54,916,5003 4 Total Revenue $101,948,300 $98,457,363 $100,003,500 4 Expenses $42,634,555 $45,085,055 5 20,452,031 $44,641,652 21.454,559 21,221,847 21,933,588 20,962,269 23.411,007 1 Certificated Salaries Classified Salaries 7 Employee Benefits Materials & Supplies Operating Expenses 10 Capital Outlay 11 Total Expenses 1.790,243 1,583,643 1,464,475. 10,414,309 10,511,121 10,068,175. 335,600 422,356 378,500 10 $96,589,007 $99,835,178 $102,340,800 11 Transfers & Other 12 Transfers in 12 Other Sources $0 829,602 2 800,826 400,000 14 Transfers out 15 Contingency 10 Other Out Go 17 Total Transfers/Other (1,215,000) (6,500,000) (16,390) ($6,901,788) (1,360,000) 0.00 (6,005) ($565,179) (1,300,000) 14 0.001 (16,390) 10 ($916,390) 17 ($1,542,495) ($1,942,994) ($3,253,690) 18 Fund Balance 18 Net Change in Fund Balance 10 Beginning Balance, July 1 Adjustments to Beginning 20 Balance 24 Net Fund Balance, June 30 29.925,489 29,925,489 27,982,495 10 0 $28,382,994 0 $27,982,495 020 $24,728,805 21