SUMMARY STATEMENT 2025 - 2026 SCHOOL BUDGET ALL FUNDS School District _____North Star Charter School____________________________________________ Notice is hereby given in accordance with section 33-801 of the Idaho Code a public hearing will be held at the North Star Charter School, Eagle, Idaho, at 11:30 am on the 24th day of June 2025. Said hearing will be held upon the proposed budget of the school for the year 2025-2026 and the amended 2024-2025 budget. The proposed budget has been prepared in accordance with requirements prescribed by the State Board of Education and is available for public inspection at the Office of the Head of Schools from and after the date of the posting of this notice. A quorum of the Board of Directors will attend said hearing and at said hearing the budget will be explained and the Board will hear an objections thereto. GENERAL M & O FUND ALL OTHER FUNDS Prior Year Prior Year Prior Year Proposed Prior Year Prior Year Prior Year Proposed Actual Actual Actual/Budget Budget Actual Actual Actual/Budget Budget REVENUES 2022-2023 2023-2024 2024-2025 2025-2026 2022-2023 2023-2024 2024-2025 2025-2026 Beginning Balances $ 725,389.00 702,709.00 925,000.00 2,551,564.99 $ 743,090.00 1,053,860.00 502,807.00 540,298.81 Local Tax Revenue 0.00 0.00 Other Local $ 117,776.00 137,378.00 8,761,943.00 875,000.00 $ 165,074.00 221,168.00 200,000.00 150,000.00 County Revenue 0.00 0.00 State Revenue $ 7,383,512.00 9,220,980.00 10,171,830.07 $ 117,413.00 149,248.00 484,922.00 454,975.19 Federal Revenue $ 96,694.00 0.00 $ 325,425.00 141,129.00 145,454.00 193,998.91 Other Sources $ 490,060.00 925,000.00 Totals $8,323,371.00 $10,061,067.00 $9,686,943.00 $13,598,395.06 $1,841,062.00 $1,565,405.00 $1,333,183.00 $2,264,272.91 Prior Year Prior Year Prior Year Proposed Prior Year Prior Year Prior Year Proposed Actual Actual Actual/Budget Budget Actual Actual Actual/Budget Budget EXPENDITURES 2022-2023 2023-2024 2024-2025 2025-2026 2022-2023 2023-2024 2024-2025 2025-2026 Salaries 4,358,885.00 $4,598,662.00 $4,373,038.00 $5,317,198.20 72,507.70 279,499.17 418,376.00 $503,902.79 Benefits 1,224,687.00 $1,375,562.00 $1,721,627.00 $2,205,738.81 - $0.00 Purchased Services 1,182,929.00 $1,094,425.00 $1,096,046.00 $1,435,757.17 83,928.70 130,739.90 85,746.00 $0.00 Supplies & Materials 270,470.45 $181,537.00 $316,905.00 $991,110.00 119,301.42 37,118.00 95,622.00 $150,770.00 Capital Outlay 33,017.77 $2,283.00 $25,000.00 $27,500.00 33,759.74 139,034.51 129,353.00 $144,301.31 Debt Retirement $0.00 471,325.00 525,000.00 $925,000.00 Other Financing Sources and uses Insurance & Judgments 60,611.00 $71,064.00 $84,000.00 $123,375.00 6,378.72 $0.00 Transfers (net) 490,061.78 $540,829.42 $525,000.00 $925,000.00 Contingency Reserve Unappropriated Balances 702,709.00 2,196,704.58 1,545,327.00 2,572,715.88 1,053,860.72 979,013.42 79,086.00 540,298.81 Totals $8,323,371.00 $10,061,067.00 $9,686,943.00 $13,598,395.06 $1,841,062.00 $1,565,405.00 $1,333,183.00 $2,264,272.91 A copy of the School District Budget is available for public inspection at the District's Administrative or Clerk's Office. C:\Users\jgillen\Downloads\[Combind Budget with SDE docs - Final Draft 05.22.25.xlsx]Four Year Summary (This form may be used to meet the requirements of 33-801 - Effective July 1, 1997)