Budget Transparency Report: Operating Expenditures | |
| School District: Bloomfield Hills Schools (63080) | Fiscal Year: 2012 - 2013 |
| Fund: General Fund (11) | |
Chart
| Operating Expenditures | Amount | Percent | |
|---|---|---|---|
| Instructional Expenditures | $47,609,884 | 59.57% | |
| Pupil Support Services | $5,737,771 | 7.18% | |
| Instructional Staff Support Services | $4,025,122 | 5.04% | |
| General Administration | $684,654 | 0.86% | |
| School Administration | $4,545,219 | 5.69% | |
| Business Services | $1,422,779 | 1.78% | |
| Operations and Maintenance | $7,346,764 | 9.19% | |
| Transportation | $3,295,035 | 4.12% | |
| Central & Other Support Services | $3,657,056 | 4.58% | |
| Total Operating Expenditures | $78,324,284 | 98.00% | |
| Remaining Expenditures | Amount | Percent | |
| Community Services | $1,387,258 | 1.74% | |
| Facilities Acquisitions, Debt Service and Capital Outlay | $210,424 | 0.26% | |
| Total Remaining Expenditures | $1,597,682 | 2.00% | |
| Total General Fund Expenditures | Amount | Percent | |
| Total General Fund Expenditures | $79,921,966 | 100.00% | |
School-specific comments: The Internal Service Fund is utilized to record the activities of the self funded insurance activities of the district. The expenses reported are representative of the benefit related costs for the district. Inclusion of the Internal Service Fund in the totals of activities for the District results in a duplicate accounting for the self funded insurance activities.
Why it Matters: *For charting purposes, Remaining Expenditures is defined as function codes 3xx through 6xx. Report based on district's 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 (MCL380.1281) 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/cep (n091) (o125)
Data Source: The school district financial data comes from two sources. Historic data is provided by downloads from the State Department of Education. Future data is loaded by the respective school district financial department. (n040)