Huddleston PTO

2010-11 School-Year Budget

December 7, 2010

INCOME 2010-11 2010-11 Budget/YTD

Budget Year-to-date Diff
Catalog Fundraiser, Net 8,200.00 7,030.72 c (1,169.28)
PTO Donations/Membership Dues 5,100.00 4,987.50 e (112.50)
Basket Raffle, Net 3,250.00 - (3,250.00)
Fall Festival, Net 2,500.00 4,096.37 c 1,596.37
SCRIP (Grocery Cards), Net 2,500.00 f 3,162.98 662.98
Box Tops, Net 1,500.00 - (1,500.00)
Publix Partners Card Program 850.00 655.04 (194.96)
SCRIP, Net 500.00 f (3,409.55) (3,909.55)
Target Credit Card Program 250.00 265.74 15.74
Recycling 250.00 109.18 (140.82)
Spring Fling 200.00 - (200.00)
School Supply Kits 100.00 160.88 c 60.88
Directory, Net, d (350.00) 242.45 e 592.45
School Spirit Items - (213.75) (213.75)
Lands End - - -
Kroger Earning Plus Learning, a - - c -
Original Art, a - 12.00 12.00
Family Nights: ------------ ------------ ------------
Jump2it 450.00 92.00 (358.00)
Moe's 350.00 - (350.00)
Johnny's Pizza 300.00 270.00 (30.00)
Mellow Mushroom 200.00 21.80 (178.20)
Rita's 100.00 50.00 (50.00)
Bruster's 100.00 58.18 (41.82)
Dairy Queen - - -
Blimpie - 26.48 26.48
Smoothie King - 30.00 30.00
El Ranchero - 120.00 120.00
IHOP - 100.00 100.00
Mike & C's - 35.00 35.00
Total Income: $ 26,350.00 $ 17,903.02 $ (8,446.98)

EXPENSES 2010-11 2010-11 Budget/YTD

Budget Year-to-date Diff
Newsletter / Constant Contact 700.00 168.00 (532.00)
CPA, Tax Prep for Prior Year 395.00 394.19 c (0.81)
PTO Supplies/Publicity 350.00 21.18 (328.82)
Bank Charges 50.00 8.00 (42.00)
Historian 50.00 - (50.00)
Annual Corporation Registration 30.00 - (30.00)
Programs: ------------ ------------ ------------
Learning Center 8,700.00 f 2,809.67 (5,890.33)
Cultural Arts 2,450.00 229.95 (2,220.05)
Reading Counts 1,400.00 g - (1,400.00)
Hospitality 1,500.00 164.48 (1,335.52)
Grounds Committee: Landscaping 600.00 552.95 (47.05)
Clinic 350.00 (22.00) (372.00)
Technology 300.00 - (300.00)
Media Center 100.00 g 23.73 (76.27)
TOTY Silver Sponsorship 100.00 - (100.00)
Educational Enhancements: ------------ ------------ ------------
Teacher Supply Money, b 4,500.00 4,250.00 c (250.00)
Grade/School Requests 4,775.00 - (4,775.00)
Total Expenses: $ 26,350.00 $ 8,600.15 $ (17,749.85)

10-11 Net Change in Cash $ - $ 9,302.87 ß $ 9,302.87

PTO Bal. @ 7/1/2010 12,000.00

10-11 Net Effect of Accounting Corrections 0.00
10-11 Net Change in Cash 9,302.87 Þ
PTO Bal. @ 12/7/2010 21,302.87

a > Net proceeds are paid to the school, which has zero net effect on the budget.
b >Per 8/17/2010 minutes, PTO approved $100 for each returning teachers and $150 for each new teachers. There were
41 returning teachers and 1 new teacher.
c > Net income/expense realized for 2010-2011 School-Year. No further cash outflows or inflows are expected for this
account.

d > The PTO started selling ads in the directory during the 2010-2011 school-year. As a result, the directory should provide
additional funding rather than an expenditure in the current year and in the future; therefore, the directory account has been
reclassified from expense to income.
e > Receipts for PTO dues and directory ads were mixed. Based on ad sales records, $325 of income was reclassified from
the PTO Donations/Membership Dues to the Directory, Net account.
f > Per 11/9/2010 minutes, the budget has been adjusted. The regular SCRIP budget was increased from $0 to $500 now
that we have a volunteer to run the program. SCRIP (Grocery Cards) is perfoming above expections; therefore, the budget
was increased from $2,000 to $2,500. We projected a budget overrun of $1000 for the learning center; therefore, the
learning center budget was increased from $7,700 to $8,700. Factoring all changes the budget remains balanced.
g > Per 11/9/2010 minutes, $100 was moved from the reading counts budget to create the media center budget. Funds
were used to support the media center's book fair.
 Huddleston Elementary PTO
Cash Flow
11/9/2010 - 12/7/2010

Balance @ 11/9/2010 $ 12,606.31

ADJUSTMENTS to GL

None -

Total Effect of Adjustments -

Corrected Balance @ 11/9/2010 $ 12,606.31

CASH INFLOWS

SCRIP (Grocery Cards), Net 5,855.00

SCRIP, Net 2,122.50
Catalog Fundraiser, Net 1,472.02
IHOP 100.00
PTO Donations/Membership Dues 50.00
School Spirit Items 40.00
Jump2It 34.00
Smoothie King 30.00
Mellow Mushroom 21.80

Total Cash Inflows 9,725.32

CASH OUTFLOWS

Learning Center (775.08)

Cultural Arts (229.95)
Media Center (23.73)

Cash Contributions to Huddleston ES

None -

Total Cash Outflows (1,028.76)

Change in Cash flow 8,696.56

Balance @ 11/9/2010 21,302.87

Verify -