Wings Fall 09 - St. Scholastica Academy
Wings Fall 09 - St. Scholastica Academy
Wings Fall 09 - St. Scholastica Academy
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O P E R A T I N G B U D G E T 2 0 0 7 - 2 0 0 8<br />
SUPPORT AND REVENUE<br />
I N C O M E F O R T H E Y E A R E N D E D 6 / 3 0 / 0 8<br />
Interest Income<br />
$197,306<br />
3.30%<br />
Miscellaneous Income<br />
$243,452<br />
4.07%<br />
ANNUAL<br />
R E P O R T<br />
2 0 0 7 - 2 0 0 8<br />
Tuition and<br />
Registration<br />
$4,531,627<br />
Fees and Auxiliary Income<br />
$1,007,374<br />
16.85%<br />
Tuition and Registration<br />
$4,531,627<br />
75.78%<br />
Fees and<br />
Auxiliary<br />
Income<br />
Interest<br />
Income<br />
1,007,374<br />
197,306<br />
EXPENSES<br />
E X P E N S E S F O R T H E Y E A R E N D E D 6 / 3 0 / 0 8<br />
General & Administrative<br />
$1,200,565<br />
21.9%<br />
Utilities<br />
$132,142<br />
2.4%<br />
Insurance<br />
$97,378<br />
1.8%<br />
Auxiliary Services<br />
$206,027<br />
3.8%<br />
Miscellaneous<br />
$75,818<br />
1.4%<br />
Miscellaneous<br />
Income<br />
TOTAL<br />
INCOME<br />
Instructional<br />
Expenses<br />
Building and<br />
Grounds<br />
243,452<br />
$5,979,759<br />
$2,975,969<br />
477,158<br />
Depreciation<br />
$3<strong>09</strong>,576<br />
5.6%<br />
Building & Grounds<br />
$477,158<br />
8.7%<br />
Instructional Expenses<br />
$2,975,969<br />
54.4%<br />
Depreciation<br />
Insurance<br />
Utilities<br />
3<strong>09</strong>,576<br />
97,378<br />
132,142<br />
TOTAL INCOME $ 5,979,759<br />
TOTAL EXPENSES (5,474,633)<br />
DEBT REPAYMENT 150,470<br />
NET SURPLUS $ 655,596<br />
CAPITAL EXPENDITURES** $1,695,212<br />
**funded by contributions made through the Centennial Fund<br />
General and<br />
Administrative<br />
Auxiliary<br />
Services<br />
Miscellaneous<br />
TOTAL<br />
EXPENSES<br />
1,200,565<br />
206,027<br />
75,818<br />
$5,474,633