Details for SALEM SCHOOL DISTRICT - Ad from 2021-10-14

Pub. Oct. 14, 21, 2021. T2
Notice of Budget Hearing
(Section 65.90(4))
Notice is hereby given to the qualified electors of the Salem School District that the budget hearing will
be held at the Salem School District (Middle School Gymnasium), on the 26th day of October, 2021, at
5:30pm. The summary of the budget is printed below. Detailed copies of the budget are available for
inspection in the District’s office at 8828 Antioch
Rd, Salem, WI 53168.
Dated this 28th day of September, 2021.
(Signed)
Steven Brown, District Clerk
Notice for Annual District Meeting
(Section 120.08(1))
Notice is hereby given to the qualified electors of the Salem School District that the annual meeting of
said district for the transaction of business, will be held at the Salem School District (Middle School
Gymnasium), on the 26th day of October, 2021, at 6:00pm.
Dated this 28th day of September, 2021.
(Signed)
Steven Brown, District Clerk
BUDGET PUBLICATION, 2021-22
Required Published Budget Summary Format
SALEM SCHOOL DISTRICT
A budget summary, notice of the place where the budget in detail may be examined, the time and place for a
public hearing on the budget must be published or distributed under s. 65.90. The required minimum detail
for the published summary is as follows:
GENERAL FUND

Audited 2019-20

Unaudited 2020-21

Budget 2021-22

Beginning Fund Balance

1,665,037.89

2,292,479.62

2,509,413.03

Ending Fund Balance

2,292,479.62

2,509,413.03

2,509,413.03

REVENUES & OTHER FINANCING SOURCES
Transfers-In (Source 100)
Local Sources (Source 200)
Inter-district Payments (Source 300 + 400)

0.00

0.00

0.00

6,258,728.33

6,793,716.94

7,412,693.00

682,820.00

627,017.00

885,851.00

787.00

0.00

0.00

7,936,221.18

8,034,643.95

8,021,029.00

167,831.77

375,363.27

626,000.00

15,980.74

14,104.86

1,000.00

15,062,369.02

15,844,846.02

16,946,573.00

Intermediate Sources (Source 500)
State Sources (Source 600)
Federal Sources (Source 700)
All Other Sources (Source 800 + 900)
TOTAL REVENUES & OTHER FINANCING SOURCES
EXPENDITURES & OTHER FINANCING USES
Instruction (Function 100 000)

5,219,671.83

5,964,914.20

5,902,260.00

Support Services (Function 200 000)

5,361,737.34

4,622,614.40

5,702,555.00

Non-Program Transactions (Function 400 000)
TOTAL EXPENDITURES & OTHER FINANCING USES

3,853,518.12

5,040,384.01

5,341,758.00

14,434,927.29

15,627,912.61

16,946,573.00

Audited
2019-20

SPECIAL PROJECTS FUND

Unaudited
2020-21

Budget
2021-22

Beginning Fund Balance

5,737.31

28,510.44

31,881.76

Ending Fund Balance

28,510.44

31,881.76

31,881.76

REVENUES & OTHER FINANCING SOURCES

2,740,748.80

2,265,324.69

2,571,844.00

EXPENDITURES & OTHER FINANCING USES

2,717,975.67

2,261,953.37

2,571,844.00

Audited
2019-20

DEBT SERVICE FUND

Unaudited
2020-21

Budget
2021-22

Beginning Fund Balance

111,095.88

28,295.38

15,249.21

Ending Fund Balance

28,295.38

15,249.21

14,605.21

REVENUES & OTHER FINANCING SOURCES

912,467.62

1,632,063.00

87,756.00

EXPENDITURES & OTHER FINANCING USES

995,268.12

1,645,109.17

88,400.00

Audited
2019-20

CAPITAL PROJECTS FUND
Beginning Fund Balance

Unaudited
2020-21

Budget
2021-22

3,059.52

413,075.80

2,213,653.90

Ending Fund Balance

413,075.80

2,213,653.90

3,764,153.90

REVENUES & OTHER FINANCING SOURCES

410,016.28

1,800,578.10

1,800,500.00

EXPENDITURES & OTHER FINANCING USES

0.00

0.00

250,000.00

FOOD SERVICE FUND

Audited 2019-20

Beginning Fund Balance
Ending Fund Balance

Unaudited 2020-21

Budget 2021-22

0.00

8,416.65

30,469.67

8,416.65

30,469.67

30,469.67

REVENUES & OTHER FINANCING SOURCES

401,828.85

548,986.93

530,000.00

EXPENDITURES & OTHER FINANCING USES

393,412.20

526,933.91

530,000.00

The below listed new or discontinued programs have a financial impact on the proposed budget:
DISCONTINUED PROGRAMS

FINANCIAL

NEW PROGRAMS

FINANCIAL

21-22 4K Expansion

125,000.00
Total Expenditures and Other Financing Uses

ALL FUNDS

Audited
2019-20

GROSS TOTAL EXPENDITURES -- ALL FUNDS

18,541,583.28

20,061,909.06

20,386,817.00

2,130,254.12

3,124,389.27

3,589,791.00

0.00

1,000,000.00

0.00

16,411,329.16

15,937,519.79

16,797,026.00

-2.89%

5.39%

Interfund Transfers (Source 100) - ALL FUNDS
Refinancing Expenditures (FUND 30)
NET TOTAL EXPENDITURES -- ALL FUNDS

Unaudited
2020-21

PERCENTAGE INCREASE – NET TOTAL FUND
EXPENDITURES FROM PRIOR YEAR

Budget
2021-22

PROPOSED PROPERTY TAX LEVY
FUND
General Fund

Audited
2019-20

Unaudited
2020-21

Budget
2021-22

6,188,957.00

6,758,131.00

Referendum Debt Service Fund

287,850.00

0.00

0.00

Non-Referendum Debt Service Fund

624,538.00

632,063.00

87,756.00

7,101,345.00

7,390,194.00

7,455,852.00

4.07%

0.89%

TOTAL SCHOOL LEVY
PERCENTAGE INCREASE -TOTAL LEVY FROM PRIOR YEAR

7,368,096.00

WNAXLP

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