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Results from Operations
The results from operations are positive for the first three months of the FY21. These results show a
surplus of $6.1 million. This is a typical phenomenon for school districts.

Net
Beginning Income/(Net
Fund Description Balance Revenues Expenditures Deficit) Ending Balance
Operating Funds
10 Education 22,871,534 18,022,577 (9,418,084) 8,604,493 31,476,026
20 Operations/Maintenance 4,488,319 1,702,510 (1,256,273) 446,237 4,934,556
40 Transportation 4,828,628 1,655,739 (126,991) 1,528,748 6,357,376
50 IMRF - FICA/Medicare 3,511,444 1,046,035 (329,146) 716,889 4,228,334
70 Working Cash 4,598,084 129,943 - 129,943 4,728,027
Total Operating Funds 40,298,009 22,556,803 (11,130,494) - 11,426,310 51,724,319

Non-Operating Funds
30 Debt Service 6,077,946 1,742,807 (475) 1,742,332 7,820,278
60 Capital Projects 106,544,704 - (6,903,125) (6,903,125) 99,641,578
80 Tort 1,847,650 653,967 (983,104) (329,137) 1,518,513
90 Life Safety 3,468,683 165,706 - 165,706 3,634,388

Total Non-Operating Funds 117,938,982 2,562,480 (7,886,704) - (5,324,225) 112,614,757

Grand Total 158,236,991 25,119,283 (19,017,198) - 6,102,085 164,339,076

Respectfully submitted,

Dr. Johnnie Thomas
Superintendent