share your observations about at least 2 line items of your choice. Compare the 2019/20 budgeted amounts with the 2018/19 (estimated) and 2017/18 actual amounts. Share your observations with the class and discuss possible reasons for the differences (or similarities) you observed.

2017-18 Actual 2018-19 ESTIMATED Actual 2019-20 Tentative Budget Variance E18-19 vs B 19-20 REVENUES Federal State Local $15,223 $37,910,222 $55,883,729 $93,809,174 $0 $43,409,000 $54,414,000 $97,823,000 $0 $46,541,685 $55,816,500 $102,358,185 $0 0% $3,132,6857% $1,402.500 3% $4,535, 1855 % Total Revenues EXPENDITURES Academic Salaries Classified and Other Nonacademic Salaries Employee Benefits Supplies & Materials Other Operating Expenses and Services Capital Outlay Other Outgo Appropriation for Contingencies Total Expenditures $40,852,890 $19,705,295 $19, 160,018 $1,766,248 $9,742,683 $173,802 $10,600 $0 $91,411.536 $45,257,000 $21,454,000 $21,232,000 $1,615,000 $9,811,000 $321,000 $16,000 $45,892,048 $22,766,702 $23,859,391 $1,864,605 $10,724,905 $378,500 $16,390 $635,048 1% $1,312,702 6% $2,627,391 12% $249,605 15% $913,905 9% $57,500 18% $3902% $0 0% $5,796,541 6% $0 $99,706,000 $105,502,541 Excess of Revenues over (under) Expenditures $2,397,638 ($1,883,000) ($3,144,356) ($1.261,356) 67% $450,766 $0 $829,000 $400,000 SO SO Other Financing Sources (Uses) Intrafund Transfers - In Intrafund Transfers - Out Interfund Transfers - In Interfund Transfers - Out Total Other Financing Sources (Uses) ($429,000) $0 $0 $935,000 ($1,364,000) (52%) 0% 0% 77% 353% - $865,000 ($414,234) $1,215,000 (5386,000) $2,150,000 ($1,750,000) W Excess of Revenues & Other Sources over (under) Expenditures & Other Uses $1,983,404 ($2,269,000) ($4,894,356) 2.625,856) 116% $27.942.084 $29,925,488 $27.656.488 Beginning Fund Balance Ending Fund Balance $29,925,488 $27,656,488 $22,762,132 Transfer Out Amounts: $200,000 Childrens Center $200,000 Food Service $750,000 Equipment Fund $750,000 Construction Fund $250,000 Sinking Fund for Turf Replacement