Colchester, Connecticut

Comparison Financials thru February

Board of Education Meeting 6:00PM

← Document Library

budget FY 2021-22 BoardDocs (BOE meetings) 2022-05-10

Machine-extracted text of a publicly posted document, provided for reference and search. The original document at the link above is authoritative.

Colchester Public Schools
                                       Cafeteria Financials
                                 Comparison Financials thru February

                                       Feb-19          Feb-20          Feb-20         Feb-22
Revenues                             FY 2018-19      FY 2019-20      FY 2020-21     FY 2021-22
State                              $     23,875.00 $     22,606.00 $           -   $ 23,262.76
Federal                                151,752.25      166,943.60      251,030.40    699,630.99
Interest                                      7.35            6.39             -             -
Food Sales Non Program                    3,756.62        5,830.82          803.58      1,633.09
Food Sales Program                     244,350.15      236,906.62         9,908.15     23,978.20
Miscellaneous Revenue                                                     1,336.80
Total Revenue                      $ 423,741.37 $ 432,293.43 $ 263,078.93 $ 748,505.04

Expenditures
Wages,Fica,Medicare,Retirement          196,052.75       210,095.81       210,125.95   217,983.46
Employee Insurances                      38,991.66        42,677.16        48,308.53    54,310.92
Food Program                            111,981.00       111,920.42        65,573.51   190,515.95
Food Non Program                         17,927.04        16,219.59         1,343.87     9,471.62
Other Costs                              25,301.32        21,221.83        20,205.23    34,176.99
Repairs/Maint                             7,900.35         5,246.18         3,889.51     9,022.26
Equipment                                                       -          15,500.00          -
Total Expenditures                 $    398,154.12 $     407,380.99 $     364,946.60 $ 515,481.20

Net Gain (Loss)                    $     25,587.25 $       24,912.44 $    (101,867.67) $ 233,023.84
BOE Funding                                                           $           -    $        -
Fund Balance, Beginning            $    (21,604.52) $     (20,512.10) $     25,864.19 $ (24,969.06)
Fund Balance, Ending               $      3,982.73 $        4,400.34 $     (76,003.48) $ 208,054.78