
Understanding Financial Management in Carbon County School District #1
Explore the financial structure of Carbon County School District #1, including funding sources, expenditure breakdown, and the importance of effective planning for financial stability. Learn how property taxes, state allocations, federal funds, and donations contribute to the district's financial health.
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Carbon Carbon County School County School District #1 District #1 Finance Presentation February 13, 2020
Brian Bartz Margaret Quintrall Seth Dishman Casey Belford Sasha Davis
Funds Funds 01 General Fund 21 Federal Funds 23 Grants 25 Bond Repair & Maint. 30 Major Maintenance 32 Capital/Construction 40 Bond 50 Food Service 52 Aquatics 60 Flex 70 Scholarship 80 Activity
Where does the money come from? Property Taxes (01, 40) State (01, 30, 50) Transportation 100%, Special Ed 100% capped Strings Federal (21, 50) Donations (01, 23, 50, 70, 80) Rest ?? (01, 25, 32, 50, 52, 60, 80)
Where does the $$ go? Where does the $$ go? General 76.6% or $20,452,487 Federal Funds/Grants Bond R&M, Major Maint, Cap/Con Bond Enterprise (Food Service & Aquatics) Flex Scholarship Activity
Balancing the Funds Efficiencies Setting Priorities So this does not happen Planning is key Multi year planning
Questions? Questions?