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The standard mileage rate for business use is based on an annual study of the fixed and variable costs
of operating an automobile.

Consumer Price Index (CPI)

The Consumer Price Index for the calendar year ending December 31, 2020 was released this
morning. The CPI for 2020 was 1.4%. This reflects a reduction of 0.9% from the 2019 CPI of 2.3%. The
1.4% rate will be applied to our school district's December 2021 levy.

Financial Results – January 31, 2021

Please note that the information below is not complete. The expenditures for the period through January 31,
2021 correct. However, total revenue information was not available at the time of this report. Therefore, the
revenues are not properly reflected. These number serve as an update, but they will be finalized later.

Net
Beginning Income/(Net
Fund Description Balance Revenues Expenditures Deficit) Ending Balance
Operating Funds
10 Education 22,871,534 28,401,574 (26,044,886) 2,356,688 25,228,222
20 Operations/Maintenance 4,488,319 1,982,702 (3,008,008) (1,025,306) 3,463,013
40 Transportation 4,828,628 3,184,325 (473,885) 2,710,440 7,539,068
50 IMRF - FICA/Medicare 3,511,444 1,230,679 (906,235) 324,444 3,835,889
70 Working Cash 4,598,084 151,792 - 151,792 4,749,876
Total Operating Funds 40,298,009 34,951,073 (30,433,013) 4,518,060 44,816,069

Non-Operating Funds
30 Debt Service 6,077,946 2,039,320 (7,088,722) (5,049,402) 1,028,544
60 Capital Projects 106,544,704 37,450 (9,453,752) (9,416,302) 97,128,402
80 Tort 1,847,650 764,536 (1,213,575) (449,039) 1,398,611
90 Life Safety 3,468,683 195,296 - 195,296 3,663,979

Total Non-Operating Funds 117,938,982 3,036,602 (17,756,049) (14,719,447) 103,219,535

Grand Total 158,236,991 37,987,675 (48,189,062) (10,201,387) 148,035,604

If you have any questions please contact Dr. Johnnie Thomas

Respectfully submitted,

Dr. Johnnie Thomas
Superintendent