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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

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