HomeMy WebLinkAboutRes 03-18 WA Adopting Academy 2003-2004 Budget WESTLAKE ACADEMY
RESOLUTION NO. 03-18
A RESOLUTION OF THE BOARD OF DIRECTORS OF WESTLAKE
ACADEMY ADOPTING THE 2003-04 BUDGET.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WESTLAKE
ACADEMY:
SECTION 1: That the Board of Directors of Westlake Academy does hereby
adopt the 2003-04 budget.
SECTION 2: That this Resolution shall become effective upon the date of its
passage.
PASSED AND APPROVED ON THIS 25" DAY OF AUGUST 2003.
CJC�
ATTEST: Scott Bradley, Chairman
Ging6i Crosswy, Secref&y Trent O. Petty, C Executive Officer
APPROVED AS TO FORM
L. anton Lo ey
DRAFT Westlake Academy
Budget
FY 2003/2004
Operating Budget
Proposed
FY 03/04
Income
Local 0
State 934,610
Federal 275,000
Lunch service 45,000
Beverage Sales 1,350
Total Income 1,255,960
Total Expenses 1,252,117
Net 3,843
Expenses
Payroll Expenses
Salaries
Instructional 627,325
Leadership 156,800
Staff 65,385
Total Salaries 849,510
Worker's Compensation 9,210
Total Payroll 858,720
Professional Services
Technology 30,000
Professional & Contracted 5,000
Legal 5,000
Health Services 0
Total Professional Services 40,000
Insurance
Liability Insurance 39,944
Liability Insurance - Umbrella 3,000
School Leader Errors & Omissions 8,589
Property Insurance - Boiler 913
Total Insurance 52,446
Travel / Training / Publications
ESC XI Fees 22,792
Travel 10,500
Staff Development 9,000
Bids / Notices / Ads 3,500
Total Travel / Training / Publications 45,792
DRAFT Westlake Academy
Budget
FY 2003/2004
Operating Budget
Proposed
FY 03/04
Office Expense
Printing 5,000
Copier Lease 4,800
Total Office Expense 9,800
Telephone
Phone Service 8,400
Internet T1 Line 6,720
Total Telephone 15,120
Utilities
Utilities 12,000
Gas 2,580
Total Utilities 14,580
Supplies & Materials
Instructional 4,000
Textbooks 10,000
Startup 25,000
Technology / Hardware 94,500
Media 500
Total Supplies & Materials 134,000
Food Services 35,100
Beverage Service 4,275
IBO Fees 4,900
Other Operating Costs 37,384
Total Expenses 1,252,117
Total Income 1,255,960
Net 3,843