Kaneland Community Unit School District

#302

Tentative Budget

2017-2018

June 26, 2017

J-3

Kaneland Board of Education

Teresa Witt, President Ryan Kerry, Vice President

Gale Pavlak, Board Secretary Aaron Lawler Peter Lopatin Pedro Rivas

Shana Sparber

Kaneland District #302 Administration

Dr. Todd Leden, Superintendent of Schools

Dr. Julie-Ann Fuchs, Associate Superintendent Dr. Sarah Mumm, Director of Educational Services K-5 Mr. Michael Rice, Director of Educational Services 6-12

Ms. Fran Eggleston, Director of Special Education Mr. Chris Adkins, Director of Human Resources

Kaneland D302’s Mission

The mission of Kaneland Community Unit School District #302 is to graduate all students college,

career, and community ready.

KANELAND COMMUNITY UNIT SCHOOL DISTRICT #302 Business Office

47W326 Keslinger Road Maple Park, Illinois 60151 Phone: (630) 365-4119

Fax: (630) 365-9428

Dr. Julie-Ann Fuchs Dr. Todd Leden Associate Superintendent Superintendent of Schools

2017-2018 Budget Calendar

October 12, 2016 Adopt Budget Calendar

October 24, 2016 Review Tentative Levy (Aggregate Amount and Fund Distribution)

November 14, 2016 Adopt Tentative Levy

November 28, 2016 Review any changes to the Levy

December 1, 2016 Advertise the Levy Hearing according to School Code

December 12, 2016 Truth in Taxation Levy Hearing; Adopt 2016 Levy

December 13, 2016 File the Tax Levy with the County Clerks (Kane and DeKalb)

January 9, 2017 Board Authorization to Prepare Budget for 2017 - 2018 SY

January 11, 2017 Budget Planning Meeting with Administrative Team

January 13, 2017 Distribute Budget Target Amounts to Administrative Team

February 2017 Bid Summer Projects

March 13, 2017 Board Approval of Personnel Actions/Reductions, if Necessary

March 2017 Classroom Supply Orders Prepared

March 24, 2017 Building, SPED, HR, Curriculum, Supt., Board, Technology, Transportation and Maintenance Budgets Turned in to Business Office

May 2017 Preliminary Budget Runs, Adjustments

Early June 2017 Finalize Tentative Budget

June 26, 2017 Board adopts Tentative Budget

July/August 2017 Budget Documents Assembled

August 28, 2017 Budget Update to Board

September 11, 2017 Budget Hearing; Board Adopts FY18

KANELAND COMMUNITY UNIT SCHOOL DISTRICT #302 Business Office

47W326 Keslinger Road Maple Park, Illinois 60151 Phone: (630) 365-4119

Fax: (630) 365-9428

June 22, 2017 To: Dr. Todd Leden, Superintendent and Members of the Board of Education From: Dr. Julie-Ann Fuchs, Associate Superintendent Re: Approval of the Tentative Budget 2017-2018 Section 5/17-1 of the Illinois School Code requires boards of education to adopt an annual budget within the first quarter of each fiscal year. The budget must be prepared in tentative form and placed on file for public inspection for at least 30 days prior to adoption. At least one public hearing on the budget must also be held, inviting public comment on the school district’s budget. In compliance with the statute, a Tentative Budget is hereby presented to the Board of Education of Kaneland Community Unit School District Number 302 for its review and adoption. The following timetable is suggested for final adoption of the district’s budget: June 26, 2017 Adoption of Tentative Budget and filing for public inspection September 11, 2017 Public Hearing and Adoption of District #302 Budget 2017-2018 Documents included in your binder include a Tentative Budget Summary, a Revenue Summary by Fund, Fund Type and Source, Expenditure Summaries by Fund, Fund Type, General Function and General Object, Revenue and Expenditure Details, Long-Term Debt Schedules, and associated exhibits, graphs and charts. The accompanying narrative and budget documents are the culmination of months of preparation, review and assembly by many individuals throughout the District, in the Business Office and Principals’ Offices, Transportation Office, Technology Office, and Buildings & Grounds Office. Without the help and cooperation of all these staff members and administrators, the assembly of the budget would be difficult at best, and prone to increased errors. It is with sincere appreciation to all of the people involved in this important process that this budget is presented to the Board.

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2016-2017 Budget Review

In September 2016, the Board adopted a $57.8 million operating budget, with a total budget of $70.7 million.

Actual operating expenditures were about $57.6 million, with total expenditures about $70.4 million.

During 2016-2017, the student enrollment decreased slightly (1.8%). Salaries for administration and non-SPEAK support staff increased approximately 3.0%

from 2015-2016. Salaries for teachers increased approximately 3.49%. The State of Illinois did not prorate the General State Aid (GSA) payments. The

district received approximately $5.3 million in GSA payments. The district is currently waiting for the final GSA payment of approximately $242,000

and three categorical payments of approximately $3.6 million. The district is projected to end the 2016-2017 year with an operating deficit of

approximately $4.5 million, approximately $4.0 million more than expected. The difference is primarily due to the State not making its mandated categorical payments.

The District continued to work with PMA to update the five-year long-range financial plan. The District used the information from the plan to prepare the budget going into the 2017-2018 fiscal year.

2017-2018 Budget Highlights

The Board is being asked to adopt a $61.3 million tentative operating budget with a total tentative budget of $74.5 million for 2017-2018.

The education fund is projected to have a $1.6 million surplus, primarily as a result of the one-time transfer from the Transportation Fund; the operations and maintenance fund a $285,000 surplus, and the transportation fund a $3.5 million deficit, which includes the $3.0 million transfer to the Education Fund.

Expenditures in the operating budget are projected to exceed revenues by about $1.6 million.

The operating revenues for Kaneland are expected to be $56.7 million (less the $3,000,000 transfer), approximately $280,000 less than what was budgeted in 2016-2017.

The operating expenditures for Kaneland are expected to be $58.3 million (less the $3,000,000 transfer), approximately $500,000 more than was budgeted in 2016-2017, which is about a 0.9% increase.

Salaries for non-SPEAK support staff are projected to increase an average of 4.0%. The salary increase for the teaching staff is approximately 3.63%. The salary increase for the SPEAK employees is 3%. The administrative salary increase is 3%.

Unknown: At this time, the Illinois State Board has not announced the preliminary amount of money that will be available for schools, as the State has not had a budget since June 30, 2015. Therefore, the District does not yet know what revenues will be made available for General State Aid (GSA) or mandated categorical grants. The same amount from the 2016-2017 budget is being used in this tentative budget. The District usually learns more information from the State regarding appropriations during late summer.

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2017-2018 Budget Narrative Operating Budget The 2017-2018 Operating Budget (“Budget”) for Kaneland Community Unit School District #302 is built on estimates and unknowns. Expenditures in the operating budget are projected to exceed revenues by approximately $1.6 million, given the many assumptions that are built into the budget. For 2017-2018, revenues in the operating funds are projected to have an overall increase of 4.9%, with an increase in the Education Fund of 10.6%, primarily as a result of the increase in local property taxes and the one-time permanent transfer of $3,000,000 of fund balance from the Transportation Fund into the Education Fund. Changes in both revenues and expenditures projected for 2017-2018 are based upon many factors. On the revenue side, the tax levy is expected to yield an additional $678,908 for the operations from fiscal year 2017 to fiscal year 2018. Through the budget planning in spring 2017, the Board directed the administration to reduce expenditures by approximately $1.5 million, in an effort to reduce the projected deficit from $3.1 million to about $1.6 million. The reductions of planned expenditures were from all areas of the budget, including staffing, transportation, technology, capital projects, and curriculum. Increases to the expenditure budget include average salary increases for administration (3.0%), teachers (3.63%) and non-SPEAK support staff (4.0%), SPEAK staff (3.0%), health insurance premiums (5.1%), technology, replacement band equipment, carpet replacement at Kaneland John Shields and Kaneland John Stewart Elementary schools, new telephone systems in five schools, and a fiber network expansion to Kaneland John Shields. Operating expenditures are expected to be approximately $61.2 million, which is approximately $3.5 million greater than the 2016-2017 operating budget, of which $3.0 million is the one-time transfer of fund balance from the Transportation Fund. Revenue Local property owners continue to absorb a large share of District funding, with a projected 74% of revenue coming from the local tax levy in 2017-2018, which is about the same as in the 2016-2017 budget. The percentage of State revenue is approximately 19%, while the Federal revenue has remained the same at approximately 3%. Below are comments regarding General State Aid, Mandated State Categorical Payments, and Federal revenues: General State Aid: The District is expecting to receive approximately the same amount

($5,072,959) from the State of Illinois for General State Aid (GSA). Until the State finalizes its budget, this amount is an estimate. Additionally, Senate Bill 1 is on the Governor’s desk to sign. If Senate Bill 1 is signed, the administration believes that the district’s State funding will remain consistent in 2017-2018, due to a hold harmless clause in Senate Bill 1.

Mandated State Categorical Payments: Not knowing exactly what to expect with regard to mandated State categorical payments, the reimbursement for regular education transportation, special education transportation, and special education is expected to remain approximately the same. Currently, the State owes the District $3.6 million.

Revenues from the Federal government are expected to remain fairly consistent.

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Expenditures The total operating expenditure budget for 2017-2018 is $61.3 million. The expenditures in the operating funds, which are devoted to instruction, have increased slightly by about 1% of the total expenditures, to 53%. The operating expenditures have increased by 6.0%; however, much of the increase is attributed to the one-time transfer of fund balance. Otherwise, the increase would have been less than 1%. The overall budgeted expenditures, including the capital projects and bond payments, are expected to be $74.5 million. Education Fund The Education Fund is the District’s largest fund and supports all of the educational programs for Kaneland students. The revenues exceed the expenditures in the Education Fund by about $1.6 million, primarily as a result of the one-time transfer of fund balance into the Education Fund from the Transportation Fund. Below are financial comments regarding expenditures in the Education Fund: Transfer from the Transportation Fund: Included in the 2017-2018 budget is a one-time

permanent transfer of fund balance from the Transportation Fund to the Education Fund of $3,000,000. This transfer will help to alleviate the fund balance shortfall in the Education Fund temporarily.

Medical Insurance: For 2017-2018, the health insurance premium increased approximately 5.5 % due to a moderately healthy year. The increase for the district portion is approximately $618,000.

Budget Planning/Review Process: In planning for 2017-2018, the Board approved a reduction in the staffing plan of about $600,000.

Mandated Categorical Payments: Currently, the State owes the district $1.6 million in special education reimbursement payments.

Operations & Maintenance Fund The Operations and Maintenance Fund (O & M) is the District’s second largest operating fund. Revenue from property taxes is received into this Fund. This Fund contains approximately 9.0% of the District’s financial activity in the operating funds. The Fund supports the daily operations of all seven facilities. Expenditures from this Fund include daily cleaning, building maintenance and repairs, custodial salaries, snow removal, telephones, and utilities. In an effort to maintain costs in this Fund, the maintenance department uses a preventative maintenance program that helps to keep all equipment in working order. There will be limited building improvements made during 2017-2018. However, a few minor repair projects that will help to extend the life of equipment and buildings are planned. Utility costs continue to be historically low, which is helpful for maintaining costs. Several projects have been planned for during 2017-2018, which includes carpet replacement at Kaneland John Stewart and Kaneland John Shields, replacement of large KHS band equipment, replacement of a KHS driver’s education vehicle, KHS hallway locker replacements, and furniture upgrades for four classrooms and a computer lab at Kaneland High School.

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Transportation Fund The Transportation Fund is the District’s third largest operating fund and supports the student transportation program with a fleet of 62 vehicles. Revenues from this Fund are received from local property taxes and reimbursements from the State for prior year transportation expenditures. The State Comptroller delayed payments for the transportation reimbursement beginning in 2009-2010 and has continued for seven years now. As of June 21, 2017, the District has not yet received 100% of the regular transportation money and the special education transportation money expected from the State, which is approximately $2.0 million. With regard to expenditures, the Transportation Department has continued to look for ways to reduce costs. Each year, routes are evaluated to make them as efficient as possible. Other changes in transportation in recent years include: Beginning in Summer 2017 and moving forward, the District will transport more students

with special needs, reducing the cost of private transportation expenses. Beginning in 2014-2015, the District bid the services for private transportation for

students with special needs. Beginning in 2012-2013, bus stops for students in grades six through twelve were

combined, creating more route efficiencies. Beginning in 2011-2012, the District began providing transportation to students in early

childhood, rather than to use private transportation. With regard to the bus fleet, the District has been working toward the replacement of the bus fleet, which is aging. The Board has approved the purchase of seven one-year old replacement buses and one smaller bus for transporting students with special needs in 2017-2018, which has been accounted for in this budget. Debt Service The Debt Service Fund (formally known as the Bond and Interest Fund) allocates revenue and expenditures to use for the District’s debt. The debt is usually in the form of principal and interest payments for prior bond issuances. Current outstanding bonds include payments for the additions to Kaneland High School, Blackberry Creek Elementary School, McDole Elementary School, Harter Middle School, and the additions at John Stewart and John Shields Elementary schools. The revenue for this Fund comes from Bond & Interest payments from local property tax collection. The amounts for these bonds are outside of the tax cap or PTELL law. The only exception is the refunded certificates of participation for the additions at John Stewart and John Shields Elementary Schools. The revenue for these payments comes from the Land Cash Fund. Currently, the Fund Balance in the Land Cash Fund is approximately $267,060, which means that the District does not have enough money for the upcoming February payment. The payments are approximately $330,000 per year through 2019. In an effort to mitigate this situation, the reimbursed interest from the Federal government for the Build America Bonds will be deposited into Fund 31, so that the debt certificate payment may be made.

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Other Funds The expenditures in the IMRF and FICA/Medicare funds include slight decreases for 2017-2018. The revenue for these funds comes from the property tax levy and the corporate personal property replacement tax (CPPRT). Summary In summary, the 2017-2018 tentative budget represents numerous challenges for our district. The administration and staff are very appreciative of the support that the Board has provided throughout this past year as we have gone through the budget planning process. While it has been a great challenge to align limited resources with our goals, we continue to make great strides toward our district mission: “The mission of Kaneland Community Unit School District #302 is to graduate all students college, career, and community ready.”

Unaudited Estimated 6/20/2017 2018 2018 6/30/2018

Fund Balance Revenue Expenditure Fund Balance

10 Education Fund -1,365,304 49,185,203 47,626,824 193,075

20 Operations & Maintenance Fund 1,830,302 5,795,348 5,509,819 2,115,831

21 Land Cash Fund 267,060 101,000 201,200 166,860

31 Debt Service Fund for Land Cash 7,347 371,355 336,200 42,502

35 Bond & Interest #15 122,178 4,015,025 4,010,500 126,703

36 Bond & Interest #16 790,167 7,030,030 7,021,955 798,242

37 Bond & Interest #17 34,986 150 0 35,136

40 Transportation Fund 4,552,678 4,652,090 8,152,266 1,052,502

51 IL Municipal Retirement Fund 611,707 911,912 683,141 840,478

52 FICA & Medicare 591,547 1,022,140 956,506 657,181

60 Capital Projects 0 0 0 0

70 Working Cash Fund 1,098,863 104,553 0 1,203,416

90 Fire Prevention Life Safety Fund 3,612 5 3,625 -8 Report Total 8,545,143 73,188,811 74,502,036 7,231,918

Unaudited Estimated6/20/2017 2018 2018 6/20/2017

Fund Balance Revenue Expenditure Fund Balance

10 Education Fund -1,365,304 49,185,203 47,626,824 193,075

20 Operations & Maintenance Fund 1,830,302 5,795,348 5,509,819 2,115,831

40 Transportation Fund 4,552,678 4,652,090 8,152,266 1,052,502

70 Working Cash Fund 1,098,863 104,553 0 1,203,416

Total 6,116,539 59,737,194 61,288,909 4,564,824

Revenue Expenditure Excess/(Deficit)

10 Education Fund 49,185,203 47,626,824 1,558,37920 Operations & Maintenance Fund 5,795,348 5,509,819 285,52921 Land Cash Fund 101,000 201,200 (100,200)31 Debt Service Fund for Land Cash 371,355 336,200 35,15535 Bond & Interest #15 4,015,025 4,010,500 4,52536 Bond & Interest #16 7,030,030 7,021,955 8,07537 Bond & Interest #17 150 0 15040 Transportation Fund 4,652,090 8,152,266 (3,500,176)51 Municipal Retirement Fund 911,912 683,141 228,77152 FICA & Medicare 1,022,140 956,506 65,63460 Capital Projects 0 0 070 Working Cash Fund 104,553 0 104,55390 Fire Prevention Life Safety Fund 5 3,625 (3,620)

Operating Fund Total (Ed, O&M,Transp, WC) 59,737,194 61,288,909 -1,551,715Grand Total 73,188,811 74,502,036 -1,313,225

Fund

Fund

Kaneland C.U.S.D. #302Tentative Budget Summary

2017-2018

Kaneland C.U.S.D. #302Budget Summary - Operating Funds

2017-2018

Kaneland C.U.S.D. #302Revenue/Expenditure Summary

Fund

2017-2018

Actual Revenue to Actual Expenditures Summary2017-2018 Tentative Budget

Unaudited Revenue

Unaudited Expenditures

Revenue over (under)

ExpendituresAs of 6/21/17 As of 6/21/17 As of 6/21/17

Account Description Actual Actual Actual10 Education Fund 43,100,473 46,995,387 -3,894,91420 Oper, Build, & Maint Fund 5,088,721 5,631,012 -542,29121 Land Cash Fund 157,039 330,575 -173,53631 Debt Service Fund for Land Cash 330,525 331,328 -80335 Bond & Interest #15 5,184,493 5,133,000 51,49336 Bond & Interest #16 5,488,876 5,435,696 53,18037 Bond & Interest #17 210 0 21040 Transportation Fund 4,737,934 4,954,000 -216,06651 IL Municipal Retirement Fund 897,619 675,005 222,61452 FICA & Medicare 1,008,137 886,097 122,04060 Capital Projects 0 0 070 Working Cash Fund 104,234 0 104,23490 Fire Prevention & Safety Fund 22 0 22

Report Total 66,098,283 70,372,100 -4,273,817

Unaudited Revenue

Unaudited Expenditures

Revenue over (under)

ExpendituresOperating Funds As of 6/21/17 As of 6/21/17 As of 6/21/17

Actual Actual Actual10 Education Fund 43,100,473 46,995,387 -3,894,91420 Oper, Build, & Maint Fund 5,088,721 5,631,012 -542,29140 Transportation Fund 4,737,934 4,954,000 -216,06670 Working Cash Fund 104,234 0 104,234

53,031,362 57,580,399 -4,549,037

Revenue Budget to Actual Revenues Summary2017-2018 Tentative Budget

Unaudited Revenue

Actual Revenues over Budgeted

RevenuesFY 17 Revenue As of 6/20/17 As of 6/20/17

Account Description Budget Actual Actual10 Education Fund 44,485,681 43,100,473 -1,385,20820 Oper, Build, & Maint Fund 5,171,938 5,088,721 -83,21721 Land Cash Fund 90,000 157,039 67,03931 Debt Service Fund for Land Cash 331,525 330,525 -1,00035 Bond & Interest #15 5,186,173 5,184,493 -1,68036 Bond & Interest #16 5,488,061 5,488,876 81537 Bond & Interest #17 50 210 16040 Transportation Fund 7,208,449 4,737,934 -2,470,51551 IL Municipal Retirement Fund 891,263 897,619 6,35652 FICA & Medicare 1,000,556 1,008,137 7,58160 Capital Projects 0 0 070 Working Cash Fund 98,876 104,234 5,35890 Fire Prevention & Safety Fund 5 22 17

Report Total 69,952,577 66,098,283 -3,854,294

Unaudited Revenue

Actual Revenues over Budgeted

RevenuesOperating Funds FY 17 Revenue As of 6/20/17 As of 6/20/17

Budget Actual Actual10 Education Fund 44,485,681 43,100,473 -1,385,20820 Oper, Build, & Maint Fund 5,171,938 5,088,721 -83,21740 Transportation Fund 7,208,449 4,737,934 -2,470,51570 Working Cash Fund 98,876 104,234 5,358

56,964,944 53,031,362 -3,933,582

Expenditure Budget to Actual Expenditures Summary2017-2018 Tentative Budget

Unaudited Expenditures

Actual Expenditures over (under)

Budgeted Expenditures

FY 17 Expenditure As of 6/21/17 As of 6/21/17Account Description Budget Actual Actual

10 Education Fund 46,786,127 46,995,387 209,26020 Oper, Build, & Maint Fund 5,952,805 5,631,012 -321,79321 Land Cash Fund 331,525 330,575 -95031 Debt Service Fund for Land Cash 331,525 331,328 -19735 Bond & Interest #15 5,133,325 5,133,000 -32536 Bond & Interest #16 5,436,460 5,435,696 -76437 Bond & Interest #17 0 0 040 Transportation Fund 5,054,176 4,954,000 -100,17651 IL Municipal Retirement Fund 712,298 675,005 -37,29352 FICA & Medicare 937,400 886,097 -51,30360 Capital Projects 0 0 070 Working Cash Fund 0 0 090 Fire Prevention & Safety Fund 0 0 0

Report Total 70,675,641 70,372,100 -303,541

Unaudited Expenditures

Actual Expenditures over (under)

Budgeted Expenditures

Operating Funds FY 17 Expenditure As of 6/21/17 As of 6/21/17Budget Actual Actual

10 Education Fund 46,786,127 46,995,387 209,26020 Oper, Build, & Maint Fund 5,952,805 5,631,012 -321,79340 Transportation Fund 5,054,176 4,954,000 -100,17670 Working Cash Fund 0 0 0

57,793,108 57,580,399 -212,709

Unaudited2017 6/22/2017 2018

Account Description Budget Actual Budget

10 Education Fund 44,485,681 43,100,473 49,185,203

20 Oper, Build, & Maint Fund 5,171,938 5,088,721 5,795,348

21 Land Cash Fund 90,000 157,039 101,000

31 Debt Service Fund for Land Cash 331,525 330,525 371,355

35 Bond & Interest #15 5,186,173 5,184,493 4,015,025

36 Bond & Interest #16 5,488,061 5,488,876 7,030,030

37 Bond & Interest #17 50 210 150

40 Transportation Fund 7,208,449 4,737,934 4,652,090

51 IL Municipal Retirement Fund 891,263 897,619 911,912

52 FICA & Medicare 1,000,556 1,008,137 1,022,140

60 Capital Projects 0 0 0

70 Working Cash Fund 98,876 104,234 104,553

90 Fire Prevention & Safety Fund 5 22 5

Report Total 69,952,577 66,098,283 73,188,811

Kaneland Community Unit School District #3022017-2018 Tentative Budget

By FundRevenue Report

Unaudited2017 6/22/2017 2018

Account Description Budget Actual Budget

Operating Funds

10 Education Fund 44,485,681 43,100,473 49,185,203

20 Oper, Build, & Maint Fund 5,171,938 5,088,721 5,795,348

40 Transportation Fund 7,208,449 4,737,934 4,652,090

70 Working Cash Fund 98,876 104,234 104,553

Subtotal 56,964,944 53,031,362 59,737,194

Land Cash

21 Land Cash Fund 90,000 157,039 101,000

31 Debt Service Fund for Land Cash 331,525 330,525 371,355

Subtotal 421,525 487,564 472,355

Bond & Interest

35 Bond & Interest #15 5,186,173 5,184,493 4,015,025

36 Bond & Interest #16 5,488,061 5,488,876 7,030,030

37 Bond & Interest #17 50 210 150

Subtotal 10,674,284 10,673,579 11,045,205

Retirement/Social Security

51 IL Municipal Retirement Fund 891,263 897,619 911,912

52 FICA & Medicare 1,000,556 1,008,137 1,022,140

Subtotal 1,891,819 1,905,756 1,934,052

Capital Projects

60 Capital Projects 0 0 0

Subtotal 0 0 0

Fire Prevention & Safety Fund

90 Fire Prevention & Safety Fund 5 22 5

Subtotal 5 22 5

All Funds Total 69,952,577 66,098,283 73,188,811

Kaneland Community Unit School District #3022017-2018 Tentative Budget

Revenue Report by Fund Type

Unaudited2017 6/22/2017 2018

Account Description Budget Actual Budget1000 TOTAL LOCAL REVENUE 35,459,560 35,584,097 36,977,3703000 TOTAL STATE REVENUE 7,685,489 6,035,346 7,782,2624000 TOTAL FEDERAL REVENUE 1,340,632 1,481,029 1,425,571

7000 TOTAL OTHER FINANC. SOURCES 0 0 3,000,00010 Education Fund 44,485,681 43,100,472 49,185,203

1000 TOTAL LOCAL REVENUE 5,071,938 5,067,883 5,795,3483000 TOTAL STATE REVENUE 100,000 20,838 04000 TOTAL FEDERAL REVENUE 0 0 0

20 Oper, Build, & Maint Fund 5,171,938 5,088,721 5,795,348

1000 TOTAL LOCAL REVENUE 90,000 157,039 101,00021 Land Cash Fund 90,000 157,039 101,000

4000 TOTAL FEDERAL REVENUE 0 0 171,1557000 TOTAL OTHER FINANC. SOURCES 331,525 330,525 200,200

31 Debt Service Fund for Land Cash 331,525 330,525 371,355

1000 TOTAL LOCAL REVENUE 5,186,173 5,184,493 4,015,02535 Bond & Interest #15 5,186,173 5,184,493 4,015,025

1000 TOTAL LOCAL REVENUE 5,327,508 5,328,858 7,030,0304000 TOTAL FEDERAL REVENUE 160,553 160,018 0

36 Bond & Interest #16 5,488,061 5,488,876 7,030,030

1000 TOTAL LOCAL REVENUE 50 210 15037 Bond & Interest #17 50 210 150

1000 TOTAL LOCAL REVENUE 3,213,594 3,264,411 1,552,0903000 TOTAL STATE REVENUE 3,994,855 1,473,523 3,100,000

4000 TOTAL FEDERAL REVENUE 040 Transportation Fund 7,208,449 4,737,934 4,652,090

1000 TOTAL LOCAL REVENUE 891,263 897,619 911,91251 IL Municipal Retirement Fund 891,263 897,619 911,912

1000 TOTAL LOCAL REVENUE 1,000,556 1,008,137 1,022,14052 FICA & Medicare 1,000,556 1,008,137 1,022,140

1000 TOTAL LOCAL REVENUE 0 0 060 Capital Projects 0 0 0

1000 TOTAL LOCAL REVENUE 98,876 104,234 104,55370 Working Cash Fund 98,876 104,234 104,553

1000 TOTAL LOCAL REVENUE 5 22 590 Fire Prevention & Safety Fund 5 22 5

Report Total 69,952,577 66,098,282 73,188,811

Kaneland Community Unit School District #3022017-2018 Tentative Budget

Revenue ReportBy Source

Revenue by Source - Operating Funds(Education, O&M, Transportation and Working Cash)

Source AmountLocal 44,429,361State 10,882,262Federal 1,425,571Total 56,737,194

78%

19%

3%

Operating Revenues by Source

2017-2018

Local

State

Federal

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KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Education Fund 10

Source of Revenue 1110 Education Fund Purposes Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1110 Education Fund Purposes Levy 99.93(30,167,481.00) 28,483,732.75 28,503,287.00

1111 Operations and Maintenance

Purposes Levy 0.00 0.00 0.00 0.00

1140 Special Education Levy 99.93(4,309,424.00) 4,323,952.39 4,326,940.00

1230 Corp Pers Prop Repl Tax 231.96(100,000.00) 109,982.27 47,414.00

1311 Reg Tuition-Pupils/Parent 113.57(345,000.00) 357,740.71 315,000.00

1321 Summer School Tuition - Pupils/

Parents (In-State) 89.75(30,000.00) 35,900.00 40,000.00

1510 Interest On Investments 236.91(50,120.00) 59,511.69 25,120.00

1611 Sales To Pupils-Lunch 120.10(73,600.00) 76,263.40 63,500.00

1613 Sales To Pupils-Ala Carte 103.96(835,500.00) 846,716.80 814,500.00

1614 Sales To Pupils-Other 156.62(2,400.00) 2,349.37 1,500.00

1620 Sales To Adults 109.68(35,000.00) 38,059.25 34,700.00

1711 Admissions-Athletic 120.63(22,000.00) 25,333.20 21,000.00

1720 Fees 0.00 0.00 0.00 0.00

1790 Other Pupil Activity Rev 34.29(5,000.00) 4,800.00 14,000.00

1791 Other Pupil Activity Reg 218.23(3,500.00) 5,237.50 2,400.00

1811 Rentals-Regular Textbook 95.93(705,800.00) 713,705.37 744,000.00

1920 Donations-Private Sources 0.00 0.00 0.00 0.00

1921 Contributions, Parent Univ. 0.00 0.00 0.00 0.00

1922 Donations-Kane Mental Health 0.00 0.00 0.00 0.00

1924 Donations-Foundation/KESA 0.00 0.00 0.00 0.00

1940 Services Provided to Other Districts 103.51(32,820.00) 220,442.45 212,974.00

1950 Refund-Prior Yr Expenditu 117.04(10,000.00) 29,260.14 25,000.00

1970 Drivers Education Fees 83.65(40,000.00) 37,640.67 45,000.00

1991 Payments from Other Districts 0.00 0.00 0.00 0.00

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Page 2 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Education Fund 10

Source of Revenue 1993 Local Fees

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1993 Local Fees 95.02(162,225.00) 160,795.36 169,225.00

1995 Fees, Alumni Transcpt & Medical

Requests 91.33(1,500.00) 1,370.00 1,500.00

1999 Other Local Revenues 97.72(46,000.00) 51,304.06 52,500.00

3001 General State Aid 95.37(5,329,933.00) 4,845,785.56 5,229,933.00

3025 General State Aid-Interes 0.00 0.00 0.00 0.00

3030 GSA Fast Growth District Grants 0.00 0.00 0.00 0.00

3100 Spec Ed-Priv Facility Tui 47.32(650,000.00) 307,601.67 650,000.00

3105 Spec Ed -Extraordinary 45.82(600,000.00) 274,908.40 600,000.00

3110 Spec Ed -Personnel 49.86(950,000.00) 473,667.72 950,000.00

3120 Spec Ed-Orphanage-Individ 55.68(150,000.00) 83,524.22 150,000.00

3130 Sp Ed -Orphanage-Summer 0.00(5,000.00) 0.00 5,000.00

3145 Spec Ed -Summer School 0.00(2,500.00) 0.00 2,500.00

3200 Career and Technical Education CTE

Tech Prep 0.00 0.00 0.00 0.00

3210 Voc Ed-Coordination Grant 0.00 0.00 0.00 0.00

3215 Voc Ed - Formula 0.00 0.00 0.00 0.00

3220 CTE-Secondary Program

Improvement (CTEI) 40.03(45,000.00) 18,855.00 47,100.00

3235 CTE - Agriculture Education 0.00(1,700.00) 0.00 1,700.00

3265 Voc Ed-Work Based Learn.Prog. 0.00 0.00 0.00 0.00

3275 Voc Ed-Elem Caree Dev Pro 0.00 0.00 0.00 0.00

3276 Source Of Revenue 3276 0.00 0.00 0.00 0.00

3305 Bilingual Ed-Downstate- TPI and TBE 2.98(17,714.00) 505.00 16,956.00

3350 Gifted Education 0.00 0.00 0.00 0.00

3360 State Free Lunch/BFast 63.74(415.00) 509.91 800.00

3370 Driver Education 99.96(30,000.00) 29,988.99 30,000.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 3 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Education Fund 10

Source of Revenue 3610 Learning Improvement-Change Grants

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

3610 Learning Improvement-Change

Grants 0.00 0.00 0.00 0.00

3620 Sch.Impro.-Reading Recove 0.00 0.00 0.00 0.00

3640 Source Of Revenue 3640 0.00 0.00 0.00 0.00

3651 National Board Certification 0.00 0.00 0.00 1,500.00

3665 St Drug Ed Initiative 0.00 0.00 0.00 0.00

3715 Reading Improvement - Block Grant 0.00 0.00 0.00 0.00

3735 Report Cards 0.00 0.00 0.00 0.00

3740 Criminal Background Inv 0.00 0.00 0.00 0.00

3775 School Safety & Educational Improv

Block Grant 0.00 0.00 0.00 0.00

3794 Technology - Integration Prog. 0.00 0.00 0.00 0.00

3835 Class Size Reduction 0.00 0.00 0.00 0.00

3999 Emer Fin Assist/Temp Reloc

Grant/Other Restr Rev 0.00 0.00 0.00 0.00

4100 Title V - Innovation and Flexibility

Formula 0.00 0.00 0.00 0.00

4210 Natl. School Lunch Progr 136.92(40,000.00) 41,075.10 30,000.00

4215 Special Milk Program 109.00(27,000.00) 30,520.66 28,000.00

4300 Title I - Low Income 162.61(300,000.00) 308,749.00 189,872.00

4400 Title IV Safe & Drug Free Schools 0.00 0.00 0.00 0.00

4600 Fed-Sp Ed-PreSchool Flow Through 136.91(14,566.00) 19,941.97 14,566.00

4620 Fed-Sp Ed-IDEA Flow-Thru 98.64(737,260.00) 728,402.24 738,479.00

4625 Fed-Sp Ed-Idea Room&Board 1,000.14(25,000.00) 38,922.94 10,000.00

4745 Perk-Title IIC-Secondary 97.76(23,000.00) 22,739.78 23,260.00

4770 CTE-Perkins Title IIIE-Tech Prep 0.00 0.00 0.00 0.00

4777 Voc. Educ.-Educ.to Careers

Implementation 0.00 0.00 0.00 0.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 4 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Education Fund 10

Source of Revenue 4850 ARRA-General State Aid

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

4850 ARRA-General State Aid 0.00 0.00 0.00 0.00

4856 ARRA IDEA Part B Preschool 0.00 0.00 0.00 0.00

4857 ARRA IDEA Part B Flow Through 0.00 0.00 0.00 0.00

4862 ARRA-McKinney-Vento Homeless

Educ.for Children 0.00 0.00 0.00 0.00

4870 ARRA GSA-Govt.SFSF 0.00 0.00 0.00 0.00

4880 ARRA GSA FY11 0.00 0.00 0.00 0.00

4900 Medicaid Matching Fund 0.00 0.00 0.00 0.00

4905 Immigrant Education Program 0.00 0.00 0.00 0.00

4909 TITLE III-English Language Acquis. 91.13(7,557.00) 18,470.00 20,267.00

4930 Title II-Eisen.Prof.Devel.-Formula 0.00 0.00 0.00 0.00

4932 Title II - Teacher Quality 161.58(41,188.00) 66,551.00 41,188.00

4991 Medicaid Matching Funds-Admin

Outreach 115.29(85,000.00) 86,466.76 75,000.00

4992 Medicaid Matching

Funds-Fee-for-service Program 70.11(125,000.00) 119,189.87 170,000.00

4998 Other Restricted Grants Recd Fed Gov

thru State 0.00 0.00 0.00 0.00

4999 Other Revenue-Federal Sou 0.00 0.00 0.00 0.00

7110 Abolishment or Abatement of

Working Cash Fund 0.00 0.00 0.00 0.00

7130 Permanent Transfer Among Funds 0.00(3,000,000.00) 0.00 0.00

7140 Perm.Transf.of Interest 0.00 0.00 0.00 0.00

7330 Compens.for Loss of Fixed Assets 0.00 0.00 0.00 0.00

10 Education Fund Fund 97.34(49,185,203.00) 43,100,473.17 44,485,681.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 5 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Oper, Build, & Maint Fund 20

Source of Revenue 1111 Operations and Maintenance Purposes Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1111 Operations and Maintenance

Purposes Levy 99.93(5,594,560.00) 4,885,860.96 4,889,240.00

1230 Corp Pers Prop Repl Tax 0.00 0.00 0.00 0.00

1510 Interest On Investments 301.17(15,025.00) 21,127.03 7,015.00

1910 Rentals 121.33(75,000.00) 78,862.80 65,000.00

1920 Donations-Private Sources 0.00 0.00 0.00 0.00

1923 Donations, Private Sources, O&M 0.00 0.00 8,380.51 0.00

1924 Donations-Foundation/KESA 0.00 0.00 0.00 0.00

1940 Services Provided to Other Districts 100.00(20,763.00) 20,683.00 20,683.00

1950 Refund-Prior Yr Expenditu 0.00(1,000.00) 0.00 1,000.00

1991 Payments from Other Districts 0.00 0.00 0.00 0.00

1999 Other Local Revenues 59.52(89,000.00) 52,968.99 89,000.00

3001 General State Aid 100.00 0.00 0.00 100,000.00

3794 Technology - Integration Prog. 0.00 0.00 0.00 0.00

3925 School Infrastructure & Maint. 0.00 0.00 20,838.00 0.00

4990 F.E.M.A./I.E.M.A. 0.00 0.00 0.00 0.00

7120 Permanent Transfer of Working Cash

Fund Interest 0.00 0.00 0.00 0.00

7140 Perm.Transf.of Interest 0.00 0.00 0.00 0.00

7210 Principal on Bonds Sold 0.00 0.00 0.00 0.00

7230 Accrued Interest on Bonds Sold 0.00 0.00 0.00 0.00

7320 Sale of Buildings and Grounds 0.00 0.00 0.00 0.00

7330 Compens.for Loss of Fixed Assets 0.00 0.00 0.00 0.00

7900 ISBE Loan Proceeds 0.00 0.00 0.00 0.00

7990 Other Sources of Funds Not

Classified Elsewhere 0.00 0.00 0.00 0.00

20 Oper, Build, & Maint Fund Fund 100.32(5,795,348.00) 5,088,721.29 5,171,938.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 6 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Land Cash Fund 21

Source of Revenue 1510 Interest On Investments

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1510 Interest On Investments 78.88(500.00) 394.42 500.00

1920 Donations-Private Sources 0.00 0.00 0.00 0.00

1930 Impact Fees from Municipal or County

Government 218.57(75,000.00) 139,885.15 64,000.00

1950 Refund-Prior Yr Expenditu 0.00 0.00 0.00 0.00

1960 Payments from Surplus Moneys from

TIF Districts 0.00(500.00) 0.00 500.00

1999 Other Local Revenues 67.04(25,000.00) 16,759.75 25,000.00

21 Land Cash Fund Fund 174.49(101,000.00) 157,039.32 90,000.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 7 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Debt Service Fund for Land Cash 31

Source of Revenue 1510 Interest On Investments

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1510 Interest On Investments 0.00 0.00 0.00 0.00

4869 Build America Bonds Interest Reimb 0.00(171,155.00) 0.00 0.00

7400 Tr to Debt Svc to pay princ. on Capital

Leases 0.00 0.00 0.00 0.00

7500 Tr to Debt Svc to pya interest on

Capital Leases 0.00 0.00 0.00 0.00

7600 Transfers from Other Funds Pay

Principal Rev Bonds 100.00(175,000.00) 295,000.00 295,000.00

7700 Transfers from Other Funds to Pay Int

on Rev Bonds 97.26(25,200.00) 35,525.00 36,525.00

7990 Other Sources of Funds Not

Classified Elsewhere 0.00 0.00 0.00 0.00

31 Debt Service Fund for Land Cash Fund 99.70(371,355.00) 330,525.00 331,525.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 8 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Debt Service Fund #15 35

Source of Revenue 1112 Bond and Interest Purposes Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1112 Bond and Interest Purposes Levy 99.83(4,010,000.00) 5,175,050.33 5,183,648.00

1510 Interest On Investments 373.97(5,025.00) 9,442.74 2,525.00

1950 Refund-Prior Yr Expenditu 0.00 0.00 0.00 0.00

7230 Accrued Interest on Bonds Sold 0.00 0.00 0.00 0.00

35 Debt Service Fund #15 Fund 99.97(4,015,025.00) 5,184,493.07 5,186,173.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 9 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Debt Service Fund #16 36

Source of Revenue 1112 Bond and Interest Purposes Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1112 Bond and Interest Purposes Levy 99.83(7,020,000.00) 5,315,648.46 5,324,793.00

1510 Interest On Investments 385.50(10,030.00) 10,466.35 2,715.00

1999 Other Local Revenues 0.00 0.00 2,743.08 0.00

4869 Build America Bonds Interest Reimb 99.67 0.00 160,017.95 160,553.00

7210 Principal on Bonds Sold 0.00 0.00 0.00 0.00

7230 Accrued Interest on Bonds Sold 0.00 0.00 0.00 0.00

36 Debt Service Fund #16 Fund 100.01(7,030,030.00) 5,488,875.84 5,488,061.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 10 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Debt Service Fund #17 37

Source of Revenue 1112 Bond and Interest Purposes Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1112 Bond and Interest Purposes Levy 0.00 0.00 0.00 0.00

1510 Interest On Investments 419.12(150.00) 209.56 50.00

3910 Source Of Revenue 3910 0.00 0.00 0.00 0.00

7230 Accrued Interest on Bonds Sold 0.00 0.00 0.00 0.00

37 Debt Service Fund #17 Fund 419.12(150.00) 209.56 50.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 11 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Transportation Fund 40

Source of Revenue 1113 Transportation Purposes Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1113 Transportation Purposes Levy 100.33(1,498,570.00) 3,203,219.17 3,192,574.00

1230 Corp Pers Prop Repl Tax 0.00 0.00 0.00 0.00

1412 Reg Trans Fees from Other Districts

(In-State) 115.51(1,000.00) 1,155.13 1,000.00

1413 Reg Trans Fees from Other Sources

(In-State) 0.00 0.00 1,186.93 0.00

1415 Reg Trans Fees from Co-Curr

Activities (In-State) 280.95(20,000.00) 25,285.56 9,000.00

1510 Interest On Investments 413.93(30,020.00) 33,197.21 8,020.00

1950 Refund-Prior Yr Expenditu 14.67(2,500.00) 366.80 2,500.00

1999 Other Local Revenues 0.00 0.00 0.00 500.00

3001 General State Aid 0.00 0.00 0.00 0.00

3095 GSA Transition Assistance 0.00 0.00 0.00 0.00

3500 Transportation Regular/Vocational 35.59(1,800,000.00) 930,706.01 2,615,003.00

3510 Transportation-Spec Ed 39.34(1,300,000.00) 542,816.75 1,379,852.00

3599 Transportation-Other State Sources 0.00 0.00 0.00 0.00

4870 ARRA GSA-Govt.SFSF 0.00 0.00 0.00 0.00

7130 Permanent Transfer Among Funds 0.00 0.00 0.00 0.00

7140 Perm.Transf.of Interest 0.00 0.00 0.00 0.00

7300 Sale/Compen.for Fixed Assets 0.00 0.00 0.00 0.00

40 Transportation Fund Fund 65.73(4,652,090.00) 4,737,933.56 7,208,449.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 12 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

IL Municipal Retirement Fund 51

Source of Revenue 1114 Municipal Retirement Purposes Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1114 Municipal Retirement Purposes Levy 100.34(748,907.00) 732,905.73 730,453.00

1230 Corp Pers Prop Repl Tax 100.00(160,000.00) 160,000.00 160,000.00

1510 Interest On Investments 581.91(3,005.00) 4,713.49 810.00

51 IL Municipal Retirement Fund Fund 100.71(911,912.00) 897,619.22 891,263.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 13 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

FICA & Medicare 52

Source of Revenue 1150 Soc.Sec./Med Only Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1150 Soc.Sec./Med Only Levy 100.33(969,130.00) 952,713.65 949,546.00

1230 Corp Pers Prop Repl Tax 100.00(50,000.00) 50,000.00 50,000.00

1510 Interest On Investments 536.95(3,010.00) 5,423.17 1,010.00

52 FICA & Medicare Fund 100.76(1,022,140.00) 1,008,136.82 1,000,556.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 14 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Capital Projects 60

Source of Revenue 1510 Interest On Investments

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1510 Interest On Investments 0.00 0.00 0.00 0.00

1920 Donations-Private Sources 0.00 0.00 0.00 0.00

1950 Refund-Prior Yr Expenditu 0.00 0.00 0.00 0.00

1999 Other Local Revenues 0.00 0.00 0.00 0.00

3792 Closing the Gap 0.00 0.00 0.00 0.00

3920 Infrastructure

Improv-Planning/Construction 0.00 0.00 0.00 0.00

3999 Emer Fin Assist/Temp Reloc

Grant/Other Restr Rev 0.00 0.00 0.00 0.00

7140 Perm.Transf.of Interest 0.00 0.00 0.00 0.00

7210 Principal on Bonds Sold 0.00 0.00 0.00 0.00

7220 Premiums on Bonds Sold 0.00 0.00 0.00 0.00

7230 Accrued Interest on Bonds Sold 0.00 0.00 0.00 0.00

7330 Compens.for Loss of Fixed Assets 0.00 0.00 0.00 0.00

60 Capital Projects Fund 0.00 0.00 0.00 0.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 15 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Working Cash Fund 70

Source of Revenue 1115 Working Cash Purposes Levy

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1115 Working Cash Purposes Levy 100.31(99,552.00) 97,674.67 97,375.00

1510 Interest On Investments 436.97(5,001.00) 6,558.94 1,501.00

70 Working Cash Fund Fund 105.42(104,553.00) 104,233.61 98,876.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 16 of 16

KANELAND CUSD #302

Revenue ReportPrinted: 6/22/2017 6:25 AM

Date Range: 7/1/2016 to 6/22/2017

Fire Prevention & Safety Fund 90

Source of Revenue 1510 Interest On Investments

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number% of Budget

1510 Interest On Investments 432.80(5.00) 21.64 5.00

3925 School Infrastructure & Maint. 0.00 0.00 0.00 0.00

3999 Emer Fin Assist/Temp Reloc

Grant/Other Restr Rev 0.00 0.00 0.00 0.00

7140 Perm.Transf.of Interest 0.00 0.00 0.00 0.00

7210 Principal on Bonds Sold 0.00 0.00 0.00 0.00

90 Fire Prevention & Safety Fund Fund 432.80(5.00) 21.64 5.00

Report Total: 94.92 69,952,577.00 66,098,282.10 (73,188,811.00)

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 1 of 2

KANELAND CUSD #302

Revenue Report (Custom)Printed: 6/22/2017 6:44 AM

Report as of: 6/22/2017

Education Fund 10

Source of Revenue 1000 TOTAL LOCAL REVENUE

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number

1000 TOTAL LOCAL REVENUE (36,977,370.00) 35,584,097.38 35,459,560.00

3000 TOTAL STATE REVENUE (7,782,262.00) 6,035,346.47 7,685,489.00

4000 TOTAL FEDERAL REVENUE (1,425,571.00) 1,481,029.32 1,340,632.00

7000 Sources of Funds (3,000,000.00) 0.00 0.00

10 Education Fund Fund(49,185,203.00) 43,100,473.17 44,485,681.00

1000 TOTAL LOCAL REVENUE (5,795,348.00) 5,067,883.29 5,071,938.00

3000 TOTAL STATE REVENUE 0.00 20,838.00 100,000.00

4000 TOTAL FEDERAL REVENUE 0.00 0.00 0.00

7000 Sources of Funds 0.00 0.00 0.00

20 Oper, Build, & Maint Fund Fund(5,795,348.00) 5,088,721.29 5,171,938.00

1000 TOTAL LOCAL REVENUE (101,000.00) 157,039.32 90,000.00

21 Land Cash Fund Fund(101,000.00) 157,039.32 90,000.00

1000 TOTAL LOCAL REVENUE 0.00 0.00 0.00

4000 TOTAL FEDERAL REVENUE (171,155.00) 0.00 0.00

7000 Sources of Funds (200,200.00) 330,525.00 331,525.00

31 Debt Service Fund for Land Cash Fund(371,355.00) 330,525.00 331,525.00

1000 TOTAL LOCAL REVENUE (4,015,025.00) 5,184,493.07 5,186,173.00

7000 Sources of Funds 0.00 0.00 0.00

35 Debt Service Fund #15 Fund(4,015,025.00) 5,184,493.07 5,186,173.00

1000 TOTAL LOCAL REVENUE (7,030,030.00) 5,328,857.89 5,327,508.00

4000 TOTAL FEDERAL REVENUE 0.00 160,017.95 160,553.00

7000 Sources of Funds 0.00 0.00 0.00

36 Debt Service Fund #16 Fund(7,030,030.00) 5,488,875.84 5,488,061.00

1000 TOTAL LOCAL REVENUE (150.00) 209.56 50.00

3000 TOTAL STATE REVENUE 0.00 0.00 0.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 2 of 2

KANELAND CUSD #302

Revenue Report (Custom)Printed: 6/22/2017 6:44 AM

Report as of: 6/22/2017

Debt Service Fund #17 37

Source of Revenue 7000 Sources of Funds

Description Y.T.D. RevenueRevenue

Budget

Next Yrs.

Budget

Account State Account Number

7000 Sources of Funds 0.00 0.00 0.00

37 Debt Service Fund #17 Fund(150.00) 209.56 50.00

1000 TOTAL LOCAL REVENUE (1,552,090.00) 3,264,410.80 3,213,594.00

3000 TOTAL STATE REVENUE (3,100,000.00) 1,473,522.76 3,994,855.00

4000 TOTAL FEDERAL REVENUE 0.00 0.00 0.00

7000 Sources of Funds 0.00 0.00 0.00

40 Transportation Fund Fund(4,652,090.00) 4,737,933.56 7,208,449.00

1000 TOTAL LOCAL REVENUE (911,912.00) 897,619.22 891,263.00

51 IL Municipal Retirement Fund Fund(911,912.00) 897,619.22 891,263.00

1000 TOTAL LOCAL REVENUE (1,022,140.00) 1,008,136.82 1,000,556.00

52 FICA & Medicare Fund(1,022,140.00) 1,008,136.82 1,000,556.00

1000 TOTAL LOCAL REVENUE 0.00 0.00 0.00

3000 TOTAL STATE REVENUE 0.00 0.00 0.00

7000 Sources of Funds 0.00 0.00 0.00

60 Capital Projects Fund 0.00 0.00 0.00

1000 TOTAL LOCAL REVENUE (104,553.00) 104,233.61 98,876.00

70 Working Cash Fund Fund(104,553.00) 104,233.61 98,876.00

1000 TOTAL LOCAL REVENUE (5.00) 21.64 5.00

3000 TOTAL STATE REVENUE 0.00 0.00 0.00

7000 Sources of Funds 0.00 0.00 0.00

90 Fire Prevention & Safety Fund Fund(5.00) 21.64 5.00

Report Total: 69,952,577.00 66,098,282.10 (73,188,811.00)

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Unaudited2017 6/21/2017 2018

Account Description Budget Actual Budget

10 Education Fund 46,786,127 46,995,387 47,626,824

20 Oper, Build, & Maint Fund 5,952,805 5,631,012 5,509,819

21 Land Cash Fund 331,525 330,575 201,200

31 Debt Service Fund for Land Cash 331,525 331,328 336,200

35 Bond & Interest #15 5,133,325 5,133,000 4,010,500

36 Bond & Interest #16 5,436,460 5,435,696 7,021,955

37 Bond & Interest #17 0 0 0

40 Transportation Fund 5,054,176 4,954,000 8,152,266

51 IL Municipal Retirement Fund 712,298 675,005 683,141

52 FICA & Medicare 937,400 886,097 956,506

60 Capital Projects 0 0 0

70 Working Cash Fund 0 0 0

90 Fire Prevention & Safety Fund 0 0 3,625

Report Total 70,675,641 70,372,100 74,502,036

Kaneland Community Unit School District #302

Expenditure Report by Fund2017-2018 Tentative Budget

Unaudited2017 6/21/2017 2018

Account Description Budget Actual Budget

Operating Funds

10 Education Fund 46,786,127 46,995,387 47,626,824

20 Oper, Build, & Maint Fund 5,952,805 5,631,012 5,509,819

40 Transportation Fund 5,054,176 4,954,000 8,152,266

70 Working Cash Fund 0 0 0

Subtotal 57,793,108 57,580,399 61,288,909

Land Cash

21 Land Cash Fund 331,525 330,575 201,200

31 Debt Service Fund for Land Cash 331,525 331,328 336,200

Subtotal 663,050 661,903 537,400

Bond & Interest

35 Bond & Interest #15 5,133,325 5,133,000 4,010,500

36 Bond & Interest #16 5,436,460 5,435,696 7,021,955

37 Bond & Interest #17 0 0 0

Subtotal 10,569,785 10,568,696 11,032,455

Retirement/Social Security

51 IL Municipal Retirement Fund 712,298 675,005 683,141

52 FICA & Medicare 937,400 886,097 956,506

Subtotal 1,649,698 1,561,102 1,639,647

Capital Projects

60 Capital Projects 0 0 0

Subtotal 0 0 0

Fire Prevention & Safety Fund

90 Fire Prevention & Safety Fund 0 0 3,625

Subtotal 0 0 3,625

All Funds Total 70,675,641 70,372,100 74,502,036

Kaneland Community Unit School District #3022017-2018 Tentative Budget

Expenditure Report by Fund Type

Unaudited2017 6/21/2017 2018

Account Description Budget Actual Budget1000 INSTRUCTION 30,222,588 30,327,572 30,723,8632000 SUPPORT SERVICES 14,206,263 14,045,143 14,392,3693000 COMMUNITY SERVICES 23,885 28,732 28,3464000 PYMTS TO OTHER GOVT UNITS 2,333,391 2,593,940 2,482,2465000 DEBT SERVICE 0 0 06000 PROVISION FOR CONTINGENCIES 0 0 07000 SOURCES OF FUNDS 0 0 08000 OTHER FINANCING USES 0 0 0

10 Education Fund 46,786,127 46,995,387 47,626,824

2000 SUPPORT SERVICES 5,952,805 5,631,012 5,509,8196000 PROVISION FOR CONTINGENCIES 0 0 0

20 Oper, Build, & Maint Fund 5,952,805 5,631,012 5,509,819

2000 SUPPORT SERVICES 1,000 50 1,0005000 DEBT SERVICES 0 0 08000 OTHER FINANCING USES 330,525 330,525 200,200

21 Land Cash Fund 331,525 330,575 201,200

5000 DEBT SERVICES 331,525 331,328 336,20031 Debt Service Fund for Land Cash 331,525 331,328 336,200

5000 DEBT SERVICES 5,133,325 5,133,000 4,010,50035 Bond & Interest #15 5,133,325 5,133,000 4,010,500

5000 DEBT SERVICES 5,436,460 5,435,696 7,021,95536 Bond & Interest #16 5,436,460 5,435,696 7,021,955

5000 DEBT SERVICES 0 0 037 Bond & Interest #17 0 0 0

2000 SUPPORT SERVICES 5,054,176 4,954,000 5,152,2656000 PROVISION FOR CONTINGENCIES 0 0 08000 OTHER FINANCING USES 0 0 3,000,000

40 Transportation Fund 5,054,176 4,954,000 8,152,265

1000 INSTRUCTION 197,736 177,662 172,6822000 SUPPORT SERVICES 514,562 496,918 510,4593000 COMMUNITY SERVICE 0 425 06000 PROVISION FOR CONTINGENCIES 0 0 0

51 IL Municipal Retirement Fund 712,298 675,005 683,141

1000 INSTRUCTION 458,254 425,295 450,6942000 SUPPORT SERVICES 478,743 460,424 505,3983000 COMMUNITY SERVICES 157 378 1686000 PROVISION FOR CONTINGENCIES 0 0 08000 OTHER FINANCING USES 246 0 246

52 FICA & Medicare 937,400 886,097 956,506

2000 SUPPORT SERVICES 0 0 06000 PROVISION FOR CONTINGENCIES 0 0 08000 OTHER FINANCING USES 0 0 0

60 Capital Projects 0 0 0

8000 OTHER FINANCING USES 0 0 070 Working Cash Fund 0 0 0

2000 SUPPORT SERVICES 0 0 3,62590 Fire Prevention & Safety Fund 0 0 3,625

Report Totals 70,675,641 70,372,100 74,502,035

Kaneland Community Unit School District #3022017-2018 Tentative Budget

Expenditure ReportBy Function

Unaudited2017 6/21/2017 2018

Account Description Budget Actual Budget100 Salaries 31,621,358 31,573,720 32,129,503200 Employee Benefits 6,819,681 6,823,948 7,405,484300 Purchased Services 2,397,363 2,335,428 2,370,165400 Supplies And Materials 1,944,630 1,888,504 1,885,611500 Capital Outlay 174,474 174,013 124,450600 Other Objects (SPED and FVCC tuition) 3,348,183 3,729,914 3,496,420700 Non-Capitalized Equipment 480,438 469,860 215,191

10 Education Fund 46,786,127 46,995,387 47,626,824

100 Salaries 518,748 513,693 551,382200 Employee Benefits 102,120 102,280 114,620300 Purchased Services 2,680,146 2,660,886 2,617,809400 Supplies And Materials 1,211,650 1,219,711 1,209,150500 Capital Outlay 1,305,894 991,442 995,858600 Other Objects 124,747 124,457 6,500700 Non-Capitalized Equipment 9,500 18,543 14,500

20 Oper, Build, & Maint Fund 5,952,805 5,631,012 5,509,819

300 Purchased Services 0 0 0400 Supplies And Materials 0 0 0500 Capital Outlay 0 0 0600 Other Objects 331,525 330,575 201,200

21 Land Cash Fund 331,525 330,575 201,200

300 Purchased Services 1,000 803 1,000600 Other Objects 330,525 330,525 335,200

31 Debt Service Fund for Land Cash 331,525 331,328 336,200

300 Purchased Services 1,000 675 500

600 Other Objects 5,132,325 5,132,325 4,010,000

35 Bond & Interest #15 5,133,325 5,133,000 4,010,500

300 Purchased Services 3,855 3,805 4,000

600 Other Objects 5,432,605 5,431,891 7,017,955

36 Bond & Interest #16 5,436,460 5,435,696 7,021,955

300 Purchased Services 0 0 0600 Other Objects 0 0 0

37 Bond & Interest #17 0 0 0

Kaneland Community Unit School District #3022017-2018 Tentative Budget

Expenditure ReportBy Object

Unaudited2017 6/21/2017 2018

Account Description Budget Actual Budget

100 Salaries 1,733,034 1,730,286 1,859,540200 Employee Benefits 98,550 98,541 120,778300 Purchased Services 2,146,352 2,100,079 2,026,018400 Supplies And Materials 614,000 602,485 512,500500 Capital Outlay 421,240 399,569 602,430600 Other Objects 1,000 110 1,000700 Non-Capitalized Equip 40,000 22,930 3,030,000

40 Transportation Fund 5,054,176 4,954,000 8,152,266

200 Employee Benefits 712,298 675,005 683,141600 Other Objects 0 0 0

51 IL Mun. Retirement Fund 712,298 675,005 683,141

200 Employee Benefits 937,400 886,097 956,506600 Other Objects 0 0 0

52 FICA & Medicare 937,400 886,097 956,506

100 Salaries 0 0 0300 Purchased Services 0 0 0400 Supplies And Materials 0 0 0500 Capital Outlay 0 0 0600 Other Objects 0 0 0700 Non-Capitalized Equipment 0 0 0

60 Capital Projects 0 0 0

600 Other Objects 0 0 070 Working Cash Fund 0 0 0

300 Purchased Services 0 0 3,62590 Fire Prev. & Safety Fund 0 0 3,625

All Funds Total 70,675,641 70,372,100 74,502,036

Expenditures by Function - Operating Funds(Education, O&M, Transportation and Working Cash)

Instruction 30,723,863Support 25,054,453Community Services 28,346Pmts. to Other Govt. Units 2,482,246Total 58,288,908

Expenditures by Object - Operating Funds(Education, O&M, Transportation and Working Cash)

Salaries 34,540,425Benefits 7,640,882Purchase Services 7,013,992Supplies 3,607,261Capital Outlay 1,722,738Other 503,920Non-Capitalized Equipment 3,259,691Total 58,288,909

53%43%

0%4%

Operating Expenditures by Function

2017-2018

Instruction

Support

Community Services

59%

13%

12%

6%

3%1% 6%

Operating Expenditures by Object

2017-2018Salaries

Benefits

PurchaseServices

Supplies

Capital Outlay

Other

Non-CapitalizedEquipment

Page 1 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Education Fund 10

Function 1100 Regular K-12 Programs

100Object Salaries

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

100 Salaries 17,659,692.00 17,553,430.75 17,543,996.50

200 Employee Benefits 3,960,698.36 3,735,531.11 3,704,332.12

300 Purchased Services 322,694.51 285,983.02 302,937.63

400 Supplies And Materials 640,949.71 594,224.93 620,443.57

500 Capital Outlay 40,000.00 88,004.18 95,278.18

600 Other Objects 15,230.00 8,979.98 9,367.00

700 Non-Capitalized Equipment 29,825.00 91,607.98 92,772.77

1100 Regular K-12 Programs * Function 22,669,089.58 22,357,761.95 22,369,127.77

100 Salaries 8,591,365.00 8,364,180.55 8,390,484.30

200 Employee Benefits 1,940,225.48 1,689,359.75 1,701,536.36

300 Purchased Services 328,522.00 245,138.55 304,725.08

400 Supplies And Materials 200,360.00 221,204.79 215,156.83

500 Capital Outlay 47,350.00 31,881.50 22,625.00

600 Other Objects 1,435,815.00 1,573,694.51 1,439,890.85

700 Non-Capitalized Equipment 25,118.00 7,785.36 10,913.80

1200 Special Education Programs * Function 12,568,755.48 12,133,245.01 12,085,332.22

100 Salaries 2,457,131.00 2,304,813.74 2,321,653.00

200 Employee Benefits 477,161.91 456,118.16 458,680.16

300 Purchased Services 387,648.71 495,306.21 454,349.74

400 Supplies And Materials 230,756.34 339,731.18 322,064.46

500 Capital Outlay 25,000.00 54,127.10 56,570.80

600 Other Objects 6,050.00 5,792.00 6,114.00

700 Non-Capitalized Equipment 157,700.00 355,069.04 361,353.84

2200 Support Serv Instruc Stf * Function 3,741,697.96 4,011,207.43 3,981,036.00

100 Salaries 544,257.00 524,540.96 526,786.00

200 Employee Benefits 98,412.76 85,017.20 86,637.64

300 Purchased Services 183,050.00 159,848.83 185,240.00

400 Supplies And Materials 18,450.00 12,760.11 18,100.00

500 Capital Outlay 0.00 0.00 0.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 2 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Education Fund 10

Function 2300 Support Serv General Admn

600Object Other Objects

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

600 Other Objects 15,500.00 15,603.27 15,610.00

700 Non-Capitalized Equipment 0.00 0.00 0.00

2300 Support Serv General Admn * Function 859,669.76 797,770.37 832,373.64

100 Salaries 1,628,194.00 1,645,983.07 1,650,399.00

200 Employee Benefits 471,824.28 438,987.40 439,119.20

300 Purchased Services 42,992.00 32,319.12 41,612.32

400 Supplies And Materials 79,001.17 53,437.67 59,260.92

500 Capital Outlay 0.00 0.00 0.00

600 Other Objects 9,880.00 7,854.26 8,175.42

700 Non-Capitalized Equipment 0.00 11,347.32 11,347.32

2400 Support Svs. Sch Admins * Function 2,231,891.45 2,189,928.84 2,209,914.18

100 Salaries 1,012,300.00 967,573.18 972,680.00

200 Employee Benefits 285,651.50 264,736.52 278,861.72

300 Purchased Services 193,302.34 178,520.83 160,922.00

400 Supplies And Materials 708,844.95 650,809.84 702,151.08

500 Capital Outlay 12,100.00 0.00 0.00

600 Other Objects 64,150.00 63,115.63 69,136.00

700 Non-Capitalized Equipment 2,548.00 4,049.98 4,049.98

2500 Support Serv Business * Function 2,278,896.79 2,128,805.98 2,187,800.78

100 Salaries 225,145.00 203,649.81 204,010.00

200 Employee Benefits 46,264.00 44,103.65 41,549.52

300 Purchased Services 43,010.00 30,807.05 47,750.00

400 Supplies And Materials 2,800.00 3,100.93 5,100.00

500 Capital Outlay 0.00 0.00 0.00

600 Other Objects 1,900.00 585.00 2,000.00

2600 Support Services - Centrl * Function 319,119.00 282,246.44 300,409.52

100 Salaries 11,304.00 9,548.22 11,234.00

200 Employee Benefits 125,243.00 110,093.88 108,961.52

300 Purchased Services 331,593.08 366,035.83 362,475.31

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 3 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Education Fund 10

Function 2900 Other Support Services

400Object Supplies And Materials

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

400 Supplies And Materials 4,200.00 12,985.40 2,103.00

600 Other Objects 3,000.00 1,818.00 1,850.00

2900 Other Support Services * Function 475,340.08 500,481.33 486,623.83

100 Salaries 115.00 0.00 115.00

200 Employee Benefits 3.00 0.00 3.00

300 Purchased Services 0.00 0.00 0.00

400 Supplies And Materials 0.00 0.00 0.00

3300 Civic Services * Function 118.00 0.00 118.00

100 Salaries 0.00 0.00 0.00

200 Employee Benefits 0.00 0.00 0.00

3900 Other Community Services * Function 0.00 0.00 0.00

300 Purchased Services 537,351.00 541,468.43 537,351.00

600 Other Objects 11,679.00 3,254.26 12,824.00

4100 Pymnt Othr Gov Unit-In St * Function 549,030.00 544,722.69 550,175.00

600 Other Objects 1,933,216.00 2,049,216.79 1,783,216.00

4200 Payments to Other Govt Units

(In-State) Tuition

* Function 1,933,216.00 2,049,216.79 1,783,216.00

600 Other Objects 0.00 0.00 0.00

5200 Debt Service - Interest on Long-Term

Debt

* Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

5300 Debt Service - Payment of Principal

Long Term Debt

* Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

6000 Provision For Contingencies * Function 0.00 0.00 0.00

700 Non-Capitalized Equipment 0.00 0.00 0.00

7130 Perm Transfers FROM Other Funds * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

8100 Perm Transfer To Other Funds * Function 0.00 0.00 0.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 4 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Education Fund 10

Function 8100 Perm Transfer To Other Funds

600Object Other Objects

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

10 Education Fund Fund 47,626,824.10 46,995,386.83 46,786,126.94

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 5 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Oper, Build, & Maint Fund 20

Function 2500 Support Serv Business

100Object Salaries

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

100 Salaries 551,382.00 513,693.00 518,748.00

200 Employee Benefits 114,619.76 102,280.16 102,120.08

300 Purchased Services 2,530,531.02 2,570,567.98 2,589,325.90

400 Supplies And Materials 1,209,150.00 1,219,711.06 1,211,650.00

500 Capital Outlay 995,858.00 991,441.91 1,305,894.00

600 Other Objects 6,500.00 124,456.74 124,747.00

700 Non-Capitalized Equipment 14,500.00 18,542.84 9,500.00

2500 Support Serv Business * Function 5,422,540.78 5,540,693.69 5,861,984.98

300 Purchased Services 87,278.41 90,318.51 90,820.11

600 Other Objects 0.00 0.00 0.00

2900 Other Support Services * Function 87,278.41 90,318.51 90,820.11

600 Other Objects 0.00 0.00 0.00

4100 Pymnt Othr Gov Unit-In St * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

5100 Debt Service-Interest on Short-Term

Debt

* Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

5300 Debt Service - Payment of Principal

Long Term Debt

* Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

6000 Provision For Contingencies * Function 0.00 0.00 0.00

20 Oper, Build, & Maint Fund Fund 5,509,819.19 5,631,012.20 5,952,805.09

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 6 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Land Cash Fund 21

Function 2500 Support Serv Business

300Object Purchased Services

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

300 Purchased Services 0.00 0.00 0.00

400 Supplies And Materials 0.00 0.00 0.00

500 Capital Outlay 0.00 0.00 0.00

2500 Support Serv Business * Function 0.00 0.00 0.00

600 Other Objects 1,000.00 50.12 1,000.00

2900 Other Support Services * Function 1,000.00 50.12 1,000.00

600 Other Objects 0.00 0.00 0.00

5100 Debt Service-Interest on Short-Term

Debt

* Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

5300 Debt Service - Payment of Principal

Long Term Debt

* Function 0.00 0.00 0.00

600 Other Objects 200,200.00 330,525.00 330,525.00

8100 Perm Transfer To Other Funds * Function 200,200.00 330,525.00 330,525.00

21 Land Cash Fund Fund 201,200.00 330,575.12 331,525.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 7 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Debt Service Fund for Land Cash 31

Function 5200 Debt Service - Interest on Long-Term Debt

600Object Other Objects

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

600 Other Objects 25,200.00 35,525.00 35,525.00

5200 Debt Service - Interest on Long-Term

Debt

* Function 25,200.00 35,525.00 35,525.00

300 Purchased Services 1,000.00 802.50 1,000.00

600 Other Objects 310,000.00 295,000.00 295,000.00

5300 Debt Service - Payment of Principal

Long Term Debt

* Function 311,000.00 295,802.50 296,000.00

31 Debt Service Fund for Land Cash Fund 336,200.00 331,327.50 331,525.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 8 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Debt Service Fund #15 35

Function 5200 Debt Service - Interest on Long-Term Debt

600Object Other Objects

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

600 Other Objects 1,848,023.70 2,422,012.90 2,422,012.90

5200 Debt Service - Interest on Long-Term

Debt

* Function 1,848,023.70 2,422,012.90 2,422,012.90

300 Purchased Services 500.00 675.00 1,000.00

600 Other Objects 2,161,976.30 2,710,312.10 2,710,312.10

5300 Debt Service - Payment of Principal

Long Term Debt

* Function 2,162,476.30 2,710,987.10 2,711,312.10

600 Other Objects 0.00 0.00 0.00

8100 Perm Transfer To Other Funds * Function 0.00 0.00 0.00

35 Debt Service Fund #15 Fund 4,010,500.00 5,133,000.00 5,133,325.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 9 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Debt Service Fund #16 36

Function 5200 Debt Service - Interest on Long-Term Debt

600Object Other Objects

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

600 Other Objects 3,122,955.00 3,186,890.56 3,187,605.00

5200 Debt Service - Interest on Long-Term

Debt

* Function 3,122,955.00 3,186,890.56 3,187,605.00

300 Purchased Services 4,000.00 3,805.00 3,855.00

600 Other Objects 3,895,000.00 2,245,000.00 2,245,000.00

5300 Debt Service - Payment of Principal

Long Term Debt

* Function 3,899,000.00 2,248,805.00 2,248,855.00

600 Other Objects 0.00 0.00 0.00

8100 Perm Transfer To Other Funds * Function 0.00 0.00 0.00

36 Debt Service Fund #16 Fund 7,021,955.00 5,435,695.56 5,436,460.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 10 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Debt Service Fund #17 37

Function 5200 Debt Service - Interest on Long-Term Debt

600Object Other Objects

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

600 Other Objects 0.00 0.00 0.00

5200 Debt Service - Interest on Long-Term

Debt

* Function 0.00 0.00 0.00

300 Purchased Services 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

5300 Debt Service - Payment of Principal

Long Term Debt

* Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

8100 Perm Transfer To Other Funds * Function 0.00 0.00 0.00

37 Debt Service Fund #17 Fund 0.00 0.00 0.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 11 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Transportation Fund 40

Function 2500 Support Serv Business

100Object Salaries

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

100 Salaries 1,859,540.00 1,730,286.28 1,733,034.00

200 Employee Benefits 120,777.72 98,540.98 98,549.84

300 Purchased Services 2,026,017.73 2,100,078.90 2,146,352.40

400 Supplies And Materials 512,500.00 602,484.96 614,000.00

500 Capital Outlay 602,430.00 399,568.83 421,240.00

600 Other Objects 1,000.00 110.00 1,000.00

700 Non-Capitalized Equipment 30,000.00 22,929.92 40,000.00

2500 Support Serv Business * Function 5,152,265.45 4,953,999.87 5,054,176.24

300 Purchased Services 0.00 0.00 0.00

4100 Pymnt Othr Gov Unit-In St * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

6000 Provision For Contingencies * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

700 Non-Capitalized Equipment 3,000,000.00 0.00 0.00

8100 Perm Transfer To Other Funds * Function 3,000,000.00 0.00 0.00

40 Transportation Fund Fund 8,152,265.45 4,953,999.87 5,054,176.24

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 12 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

IL Municipal Retirement Fund 51

Function 1100 Regular K-12 Programs

200Object Employee Benefits

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

200 Employee Benefits 30,485.00 32,175.23 33,287.00

1100 Regular K-12 Programs * Function 30,485.00 32,175.23 33,287.00

200 Employee Benefits 225,570.00 215,860.23 238,365.00

1200 Special Education Programs * Function 225,570.00 215,860.23 238,365.00

200 Employee Benefits 64,958.00 63,006.79 64,300.00

2200 Support Serv Instruc Stf * Function 64,958.00 63,006.79 64,300.00

200 Employee Benefits 13,004.00 12,527.70 12,912.00

2300 Support Serv General Admn * Function 13,004.00 12,527.70 12,912.00

200 Employee Benefits 43,428.00 46,248.70 47,449.00

2400 Support Svs. Sch Admins * Function 43,428.00 46,248.70 47,449.00

200 Employee Benefits 298,869.00 298,191.40 308,823.00

2500 Support Serv Business * Function 298,869.00 298,191.40 308,823.00

200 Employee Benefits 6,827.00 6,570.27 7,162.00

2600 Support Services - Centrl * Function 6,827.00 6,570.27 7,162.00

200 Employee Benefits 0.00 424.98 0.00

2900 Other Support Services * Function 0.00 424.98 0.00

200 Employee Benefits 0.00 0.00 0.00

3300 Civic Services * Function 0.00 0.00 0.00

200 Employee Benefits 0.00 0.00 0.00

3900 Other Community Services * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

6000 Provision For Contingencies * Function 0.00 0.00 0.00

51 IL Municipal Retirement Fund Fund 683,141.00 675,005.30 712,298.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 13 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

FICA & Medicare 52

Function 1100 Regular K-12 Programs

200Object Employee Benefits

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

200 Employee Benefits 283,471.00 272,807.97 287,016.00

1100 Regular K-12 Programs * Function 283,471.00 272,807.97 287,016.00

200 Employee Benefits 270,135.00 242,573.30 266,306.00

1200 Special Education Programs * Function 270,135.00 242,573.30 266,306.00

200 Employee Benefits 75,539.00 69,773.15 72,308.00

2200 Support Serv Instruc Stf * Function 75,539.00 69,773.15 72,308.00

200 Employee Benefits 15,714.00 14,779.60 15,228.00

2300 Support Serv General Admn * Function 15,714.00 14,779.60 15,228.00

200 Employee Benefits 49,727.00 48,881.39 51,817.00

2400 Support Svs. Sch Admins * Function 49,727.00 48,881.39 51,817.00

200 Employee Benefits 254,133.00 230,288.84 236,916.00

2500 Support Serv Business * Function 254,133.00 230,288.84 236,916.00

200 Employee Benefits 7,373.00 6,614.85 7,406.00

2600 Support Services - Centrl * Function 7,373.00 6,614.85 7,406.00

200 Employee Benefits 166.00 378.29 155.00

2900 Other Support Services * Function 166.00 378.29 155.00

200 Employee Benefits 2.00 0.00 2.00

3300 Civic Services * Function 2.00 0.00 2.00

200 Employee Benefits 0.00 0.00 0.00

3900 Other Community Services * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

6000 Provision For Contingencies * Function 0.00 0.00 0.00

200 Employee Benefits 246.00 0.00 246.00

7130 Perm Transfers FROM Other Funds * Function 246.00 0.00 246.00

52 FICA & Medicare Fund 956,506.00 886,097.39 937,400.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 14 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Capital Projects 60

Function 1100 Regular K-12 Programs

500Object Capital Outlay

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

500 Capital Outlay 0.00 0.00 0.00

1100 Regular K-12 Programs * Function 0.00 0.00 0.00

100 Salaries 0.00 0.00 0.00

300 Purchased Services 0.00 0.00 0.00

400 Supplies And Materials 0.00 0.00 0.00

500 Capital Outlay 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

700 Non-Capitalized Equipment 0.00 0.00 0.00

2500 Support Serv Business * Function 0.00 0.00 0.00

300 Purchased Services 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

2900 Other Support Services * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

6000 Provision For Contingencies * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

8100 Perm Transfer To Other Funds * Function 0.00 0.00 0.00

60 Capital Projects Fund 0.00 0.00 0.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 15 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Working Cash Fund 70

Function 2900 Other Support Services

600Object Other Objects

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

600 Other Objects 0.00 0.00 0.00

2900 Other Support Services * Function 0.00 0.00 0.00

600 Other Objects 0.00 0.00 0.00

8100 Perm Transfer To Other Funds * Function 0.00 0.00 0.00

70 Working Cash Fund Fund 0.00 0.00 0.00

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Page 16 of 16

KANELAND CUSD #302

Expenditure Report - Tentative BudgetPrinted: 6/22/2017 7:29 AM

Report as of: 6/30/2017

Fire Prevention & Safety Fund 90

Function 2500 Support Serv Business

300Object Purchased Services

Description FY17 Activity as

of 06-21-17

FY17 Budget FY18 BudgetAccount Number

300 Purchased Services 3,625.00 0.00 0.00

400 Supplies And Materials 0.00 0.00 0.00

500 Capital Outlay 0.00 0.00 0.00

2500 Support Serv Business * Function 3,625.00 0.00 0.00

90 Fire Prevention & Safety Fund Fund 3,625.00 0.00 0.00

Report Total: 70,675,641.27 70,372,099.77 74,502,035.74

D:\TS\Kaneland\SDSv8\Finance\Swf_brp3_P.RPT

Community Unit School District #302(Kaneland)

Outstanding Principal, Accreted Value and Interest Expense

Preliminary, Subject to Change.

Levy Year

Fiscal Year

Total Principal/ Original Principal Accreted Value

Future Accreted Value

Interest Expense

Total GO Debt Service Principal Interest

Total Debt Certificate Debt

Service 2016 2018 5,277,287$ 2,406,708$ 221,005$ 3,122,955$ 11,027,955$ 310,000$ 25,200$ 335,200$ 2017 2019 5,598,642 2,441,039 460,319 3,039,805 11,539,805 320,000 12,800 332,800 2018 2020 5,841,340 2,449,120 719,541 2,875,605 11,885,605 - - - 2019 2021 5,928,932 2,629,590 1,081,478 2,700,555 12,340,555 - - - 2020 2022 5,579,508 2,850,822 1,549,671 2,528,905 12,508,905 - - - 2021 2023 3,913,144 3,777,528 2,554,328 2,375,355 12,620,355 - - - 2022 2024 9,717,231 312,305 295,464 2,295,905 12,620,905 - - - 2023 2025 10,088,395 316,241 355,364 1,864,355 12,624,355 - - - 2024 2026 10,527,312 296,642 391,046 1,408,865 12,623,865 - - - 2025 2027 9,859,201 659,239 1,176,560 932,115 12,627,115 - - - 2026 2028 9,196,311 912,870 1,900,819 574,015 12,584,015 - - - 2027 2029 6,889,415 2,019,129 4,846,456 262,150 14,017,150 - - -

88,416,717$ 21,071,233$ 15,552,049$ 23,980,585$ 149,020,585$ 630,000$ 38,000$ 668,000$ Total:

GO Bonds Debt Certificates

06/21/17 Prepared by PMA Securities, Inc. 101316 Kaneland 302 Debt File JLC 06/21/17