Budget Transparency Report: Operating Expenditures

School District: The New Standard Academy (25912)

Fiscal Year: 2014-2015

Fund: General Fund (11)

Operating Expenditures Instructional Expenditures (1xx,293) $2,368,349 44.53 %
Pupil Support Services (21x) $5,856 0.11 %
Instructional Staff Support Services (22x) $17,089 0.32 %
General Administration (23x) $664,813 12.50 %
School Administration (24x) $390,861 7.35 %
Business Services (25x) $11,725 0.22 %
Operations and Maintenance (26x) $1,364,213 25.65 %
Transportation (27x) $320,000 6.02 %
Central & Other Support Services (28x, 291,292,295,299) $6,441 0.12 %
Total Current Operating Expenditures $5,149,347 96.82 %

Remaining Expenditures Community Services (3xx) $0 0.00 %
Facilities Acquisitions (45x), Debt Service (51x) and Capital Outlay $169,213 3.18 %
Other Transactions (41x-44x, 49x) $0 0.00 %
Fund Modification (6xx) $0 0.00 %
Total General Fund Expenditures $5,318,560 100.00 %

*For charting purposes, Remaining Expenditures is defined as function codes 3xx through 6xx.

Report based on district's2015 Financial Information Database (FID) submission.

Caution should be used when using these financial data. Sound conclusions can only be drawn when the data elements are used in proper context. The operational expenditure costs reported to the charts above are based on function codes as submitted to the Financial Information Database (FID). Districts are required by law (MCL 380.1281) to follow a common chart of accounts published as the Michigan

Public School Accounting Manual when reporting financial data. Definitions for each of the object codes listed in the charts above may be found in the Manual available at: http://www.michigan.gov/documents/appendix_33974_7.pdf.

Please note that Capital Outlay, an object category, was extracted from functional categories and reported with Facilities Acquisitions and Debt Service.

More district financial information can be found on-line at www.michigan.gov/cepi.