Budget Items Current Amount Proposed Amount Revenue Source Increase or Decrease Comments/Explanation

Revenues
State Funding $ 2,700,000.00 $ 3,150,000.00 Funding -450000 $9000 per student; approx. 300
students, anticipate 350 students
State Funding $ 100,000.00 $ 200,000.00 Funding -100000 Didn’t received expected amount
District Funding $ 50,000.00 $ 65,000.00 Funding 50000 Didn’t received expected amount
Grants $ 100,000.00 $ 50,000.00 Grant 500000 Received more than expected
           
Revenue Total $ 2,950,000.00 $ 3,465,000.00   -515000  
           
Budget Items Current Amount Proposed Amount Increase or Decrease Comments/Explanation
Expenditures
Personnel          
Certified Staff $ 740,000.00 $ 700,000.00   -40000 Payscale changed from last year
Admin/ Clerical Staff $ 500,000.00 $ 400,000.00   -100000 Payscale changed from last year
Classified Staff $ 100,000.00 $ 180,000.00   80000 Expected more staff members
Substitutes $ 100,000.00 $ 100,000.00   0 The amount was calculated from
the previous year

Supplies          
Classroom Supplies $ 45,000.00 $ 40,000.00   -5000 The amount was calculated from
the previous year
Technology Supplies $ 15,000.00 $ 15,000.00   0 The amount was calculated from
the previous year
Support Staff Supplies $ 15,000.00 $ 10,000.00   -5000 The amount was calculated from
the previous year

Media          
Books $ 25,000.00 $ 15,000.00   -10000 Changing the curriculum
Software $ 150,000.00 $ 125,000.00   -25000 Increased software cost

Maintenance          
Cleaning staff $ 75,000.00 $ 45,000.00   -30000 New cleaning company contract
Energy $ 200,000.00 $ 150,000.00   -50000 The amount was calculated from
the previous year
Operation Cost $ 300,000.00 $ 250,000.00   -50000 The amount was calculated from
the previous year
           
 Transportation $ 75,000.00 $ 75,000.00   0 The amount was calculated from
the previous year

Staff Training $ 120,000.00 $ 125,000.00   5000 The amount was calculated from
the previous year

Misc. $ 100,000.00 $ 100,000.00   0 The amount was calculated from

the previous year
           
Expenditures Total $ 2,560,000.00 $ 2,330,000.00   -230000  
           
Ending Balance 390000 1135000   745000 There was more proposed funding
than was received.

The primary goal of Georgian Hills Achievement Elementary school is to make our students readers, writers, and problem solvers. The focus
of the budget is to support all faculty and staff in assisting students in reaching that goal. The majority of the revenue received comes from state
funding which in Tennessee equals approximately $9000 per student. On average, we have about 350 students enrolled each year. This year
enrollment was lower and hovered around 300 students, decreasing our state funding. Another large revenue source for the school is Title 1 funds.
Much of that funding is allocated for intervention initiatives and resource services. Another source of funding that was not noted in the budget is
funding specifically for Special Education. My school is the only school in the district that services self- contained functional skills students. I was
unable to get an amount for the related revenue and expenditures so I omitted it to maintain accuracy. Since the budget is relatively straightforward,
there were not many opportunities to show specific adjustments. However, if funding is decreased, the first adjustment is made to supplies and
maintenance. This means limited copies, longer repair times, tighter restraints on the distribution of classroom supplies, and decreased curriculum
materials. The greatest expenditure, like with most schools, is staffing cost. Over 50% of the school’s expenses are allocated to paying salaries. This
is fitting because a primary goal in our School Improvement Plan is to increase teacher effectiveness and student mastery in reading and math. The
first step in achieving that goal is to hire staff. Also, in line with our SIP, my school is almost entirely departmentalized and focuses its hiring efforts
on obtaining reading and math teachers which also aligns with our SIP goal about student mastery. On the other hand, very little money is spent on
training staff to improve their skillset with would also support us in this effort as well. Surprisingly, maintenance is a large expense as well. A good
chunk of the budget goes toward items such as energy, cleaning, building repair, and routine maintenance. It is understandable though because
without those expenses we would not be able to be housed in the building. I feel that much of the high energy bill comes from the old age of the
building and faulty heating and cooling practices. If the building was updated, although it would cost a lot of money on the front end, much of the
money spent on repairs and other maintenance concerns could be used to improve instructional practices.