Family Life Academy <strong>Chart</strong>er School 3PROJECTED CASH FLOW FOR YEAR ONE OF OPERATIONSJuly 1, 2014 to June 30, 2015Total Revenue 1,363,090 - 10,390 - 10,390 79,200 10,390 81,200 114,590 29,200 60,390 244,200 2,003,040Total Expenses 209,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 185,288 1,997,450Net Income 1,153,803 (160,288) (149,898) (160,288) (149,898) (81,088) (149,898) (79,088) (45,698) (131,088) (99,898) 58,913 5,590Cash Flow Adjustments - - - - - - - - - - - - -Beginning Cash Balance - - - - - - - - - - - - -Net Income 1,153,803 (160,288) (149,898) (160,288) (149,898) (81,088) (149,898) (79,088) (45,698) (131,088) (99,898) 58,913 5,590REVENUEREVENUES FROM STATE SOURCESPer Pupil RevenueCY Per Pupil RateJuly August September October November December January February March April May June TOTAL* Total Column (Column U) for all lines other than Cash Flow Adjustments should equal the Total Column (Column N) on tab '4.) <strong>Year</strong> Budget &Assumptions'.School District 1 (Enter Name) - - - - - - - - - - - - - -School District 2 (Enter Name) - - - - - - - - - - - - - -School District 3 (Enter Name) - - - - - - - - - - - - - -School District 4 (Enter Name) - - - - - - - - - - - - - -School District 5 (Enter Name) - - - - - - - - - - - - - -School District 6 (Enter Name) - - - - - - - - - - - - - -School District 7 (Enter Name) 13,527 - - - - - - - - - - - - -School District 8 (Enter Name) 13,527 1,352,700 - - - - - - - - - - - 1,352,700School District 9 (Enter Name) 13,527 - - - - - - - - - - - - -School District 10 (Enter Name) - - - - - - - - - - - - - -School District 11 (Enter Name) - - - - - - - - - - - - - -School District 12 (Enter Name) - - - - - - - - - - - - - -School District 13 (Enter Name) - - - - - - - - - - - - - -School District 14 (Enter Name) - - - - - - - - - - - - - -School District 15 (Enter Name) - - - - - - - - - - - - - -School District - ALL OTHER - - - - - - - - - - - - - -TOTAL Per Pupil Revenue (Average Districts Per Pupil Funding) - 1,352,700 - - - - - - - - - - - 1,352,700Special Education Revenue 10,390.00 - 10,390 - 10,390 - 10,390 - 10,390 - 10,390 - 62,340GrantsStimulus - - - - - - - - - - - - -DYCD (Department of Youth and Community Developmt.) - - - - - - - - - - - 90,000 90,000Other - - - - - - - - - - - - -Other - - - - - - - - - - - - -TOTAL REVENUE FROM STATE SOURCES 1,363,090 - 10,390 - 10,390 - 10,390 - 10,390 - 10,390 90,000 1,505,040REVENUE FROM FEDERAL FUNDINGIDEA Special Needs - - - - - - - - - - - - -Title I - - - - 13,000 13,000 13,000 13,000 13,000 65,000Title Funding - Other - - - - - 1,200 - 1,200 1,200 1,200 1,200 6,000School Food Service (Free Lunch) - - - - - 15,000 - 15,000 15,000 15,000 15,000 75,000Grants<strong>Chart</strong>er School Program (CSP) Planning & Implementation - - - - - 50,000 - 50,000 50,000 - 50,000 50,000 250,000Other - - - - - - - - - - - - -Other - - - - - - - - - - - - -TOTAL REVENUE FROM FEDERAL SOURCES - - - - - 79,200 - 79,200 79,200 29,200 50,000 79,200 396,000LOCAL and OTHER REVENUEContributions and Donations - - - - - - - - - - - - -Fundraising - - - - - - - 2,000 - - - - 2,000Erate Reimbursement - - - - - - - - - - - 75,000 75,000Earnings on Investments - - - - - - - - - - - - -Interest Income - - - - - - - - - - - - -Food Service (Income from meals) - - - - - - - - - - - - -Text Book 0 - - - - - - - 25,000 - - - 25,000OTHER - - - - - - - - - - - - -TOTAL REVENUE FROM LOCAL and OTHER SOURCES - - - - - - - 2,000 25,000 - - 75,000 102,000TOTAL REVENUE 1,363,090 - 10,390 - 10,390 79,200 10,390 81,200 114,590 29,200 60,390 244,200 2,003,040
Family Life Academy <strong>Chart</strong>er School 3PROJECTED CASH FLOW FOR YEAR ONE OF OPERATIONSJuly 1, 2014 to June 30, 2015Total Revenue 1,363,090 - 10,390 - 10,390 79,200 10,390 81,200 114,590 29,200 60,390 244,200 2,003,040Total Expenses 209,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 185,288 1,997,450Net Income 1,153,803 (160,288) (149,898) (160,288) (149,898) (81,088) (149,898) (79,088) (45,698) (131,088) (99,898) 58,913 5,590Cash Flow Adjustments - - - - - - - - - - - - -Beginning Cash Balance - - - - - - - - - - - - -Net Income 1,153,803 (160,288) (149,898) (160,288) (149,898) (81,088) (149,898) (79,088) (45,698) (131,088) (99,898) 58,913 5,590July August September October November December January February March April May June TOTALEXPENSESADMINISTRATIVE STAFF PERSONNEL COSTS No. of PositionsExecutive Management - - - - - - - - - - - - - -Instructional Management 2.00 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000Deans, Directors & Coordinators - - - - - - - - - - - - - -CFO / Director of Finance - - - - - - - - - - - - - -Operation / Business Manager 1.00 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 21,000Administrative Staff 3.00 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 84,000TOTAL ADMINISTRATIVE STAFF 6.00 25,417 25,417 25,417 25,417 25,417 25,417 25,417 25,417 25,417 25,417 25,417 25,417 305,000INSTRUCTIONAL PERSONNEL COSTSTeachers - Regular 4.00 16,666.67 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 16,667 200,000Teachers - SPED 1.00 4,166.67 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 50,000Substitute Teachers - - - - - - - - - - - - - -Teaching Assistants 4.00 8,666.67 8,667 8,667 8,667 8,667 8,667 8,667 8,667 8,667 8,667 8,667 8,667 104,000Specialty Teachers 2.00 8,250.00 8,250 8,250 8,250 8,250 8,250 8,250 8,250 8,250 8,250 8,250 8,250 99,000Aides 1.00 2,083.33 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 25,000Therapists & Counselors - - - - - - - - - - - - - -Other - 833.33 833 833 833 833 833 833 833 833 833 833 833 10,000TOTAL INSTRUCTIONAL 12.00 40,667 40,667 40,667 40,667 40,667 40,667 40,667 40,667 40,667 40,667 40,667 40,667 488,000NON-INSTRUCTIONAL PERSONNEL COSTSNurse - - - - - - - - - - - - - -Librarian - - - - - - - - - - - - - -Custodian 2.00 4,583 4,583 4,583 4,583 4,583 4,583 4,583 4,583 4,583 4,583 4,583 4,583 55,000Security 1.00 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000Other 1.50 49,000 - - - - - - - - - - - 49,000TOTAL NON-INSTRUCTIONAL 4.50 55,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 128,000SUBTOTAL PERSONNEL SERVICE COSTS 22.50 121,667 72,667 72,667 72,667 72,667 72,667 72,667 72,667 72,667 72,667 72,667 72,667 921,000PAYROLL TAXES AND BENEFITSPayroll Taxes - - - - - - - - - - - - -Fringe / Employee Benefits 15,350.00 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 184,200Retirement / Pension 0 - - - - - - - - - - - -TOTAL PAYROLL TAXES AND BENEFITS 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 15,350 184,200TOTAL PERSONNEL SERVICE COSTS 22.50 137,017 88,017 88,017 88,017 88,017 88,017 88,017 88,017 88,017 88,017 88,017 88,017 1,105,200CONTRACTED SERVICESAccounting / Audit - - - - - - - - - - - - -Legal - - - - - - - - - - - - -Management Company Fee - - - - - - - - - - - - -Nurse Services - - - - - - - - - - - - -Food Service / School Lunch 0 - - - - - - - - - - - -Payroll Services - - - - - - - - - - - - -Special Ed Services - - - - - - - - - - - - -Titlement Services (i.e. Title I) - - - - - - - - - - - - -Other Purchased / Professional / Consulting 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 40,000TOTAL CONTRACTED SERVICES 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 3,333 40,000SCHOOL OPERATIONSBoard Expenses - - - - - - - - - - - - -Classroom / Teaching Supplies & Materials 2,916.67 2,917 2,917 2,917 2,917 2,917 2,917 2,917 2,917 2,917 2,917 2,917 35,000Special Ed Supplies & Materials - - - - - - - - - - - - -Textbooks / Workbooks 7,500.00 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 90,000Supplies & Materials other - - - - - - - - - - - - -Equipment / Furniture 5,833.33 5,833 5,833 5,833 5,833 5,833 5,833 5,833 5,833 5,833 5,833 5,833 70,000Telephone 416.67 417 417 417 417 417 417 417 417 417 417 417 5,000Technology 6,250.00 6,250 6,250 6,250 6,250 6,250 6,250 6,250 6,250 6,250 6,250 6,250 75,000Student Testing & Assessment 708.33 708 708 708 708 708 708 708 708 708 708 708 8,500Field Trips 291.67 292 292 292 292 292 292 292 292 292 292 292 3,500Transportation (student) - - - - - - - - - - - - -Student Services - other - - - - - - - - - - - - -Office Expense 1,750.00 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 1,750 21,000Staff Development 833.33 833 833 833 833 833 833 833 833 833 833 833 10,000Staff Recruitment - - - - - - - - - - - - -Student Recruitment / Marketing - - - - - - - - - - - - -School Meals / Lunch 6,583.33 6,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 6,583 79,000Travel (Staff) 62.50 63 63 63 63 63 63 63 63 63 63 63 750Fundraising - - - - - - - - - - - - -Other 166.67 167 167 167 167 167 167 167 167 167 167 167 2,000TOTAL SCHOOL OPERATIONS 33,313 33,313 33,313 33,313 33,313 33,313 33,313 33,313 33,313 33,313 33,313 33,313 399,750FACILITY OPERATION & MAINTENANCEInsurance 1,500.00 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000Janitorial 416.67 417 417 417 417 417 417 417 417 417 417 417 5,000Building and Land Rent / Lease 29,000.00 29,000 29,000 29,000 29,000 29,000 29,000 29,000 29,000 29,000 29,000 29,000 348,000Repairs & Maintenance 541.67 542 542 542 542 542 542 542 542 542 542 542 6,500Equipment / Furniture - - - - - - - - - - - - -Security 416.67 417 417 417 417 417 417 417 417 417 417 417 5,000Utilities 3,750.00 3,750 3,750 3,750 3,750 3,750 3,750 3,750 3,750 3,750 3,750 3,750 45,000TOTAL FACILITY OPERATION & MAINTENANCE 35,625 35,625 35,625 35,625 35,625 35,625 35,625 35,625 35,625 35,625 35,625 35,625 427,500DEPRECIATION & AMORTIZATION - - - - - - - - - - - - -DISSOLUTION ESCROW & RESERVES / CONTIGENCY 25,000 25,000TOTAL EXPENSES 209,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 160,288 185,288 1,997,450NET INCOME 1,153,803 (160,288) (149,898) (160,288) (149,898) (81,088) (149,898) (79,088) (45,698) (131,088) (99,898) 58,913 5,590CASH FLOW ADJUSTMENTSOPERATING ACTIVITIESExample - Add Back Depreciation - - - - - - - - - - - - -Other - - - - - - - - - - - - -Total Operating Activities - - - - - - - - - - - - -INVESTMENT ACTIVITIESExample - Subtract Property and Equipment Expenditures - - - - - - - - - - - - -Other - - - - - - - - - - - - -Total Investment Activities - - - - - - - - - - - - -FINANCING ACTIVITIESExample - Add Expected Proceeds from a Loan or Line of Credit - - - - - - - - - - - - -Other - - - - - - - - - - - - -Total Financing Activities - - - - - - - - - - - - -Total Cash Flow Adjustments - - - - - - - - - - - - -NET INCOME 1,153,803 (160,288) (149,898) (160,288) (149,898) (81,088) (149,898) (79,088) (45,698) (131,088) (99,898) 58,913 5,590Beginning Cash Balance - - - - - - - - - - - - -ENDING CASH BALANCE 1,153,803 (160,288) (149,898) (160,288) (149,898) (81,088) (149,898) (79,088) (45,698) (131,088) (99,898) 58,913 5,590
Change language