NOTICE IS HEREBY GIVEN, that Cardinal Academy Charter, LEA 566, Ada County, Idaho will hold a public hearing to approve the 2024-2025 Amended Budget and the 2025-2026 Proposed Budget on July 10th, 2025 at 5:45pm at the school at 9492 W Emerald St, Boise, ID 83704. Copies of the proposed budget are availabe for inspection at https://www.cardinalacademycharter.org/ and will remain available until the regular meeting, as provided by law. SUMMARY STATEMENT 2025 - 2026 SCHOOL BUDGET ALL FUNDS School District _______Cardinal Academy Charter__________________________________________ 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 $ 167,282.00 $ 215,269.00 $ 275,010.00 $ 423,404.00 $ 21,044.00 $ 37,625.00 $ 4 2,594.00 $ 42,594.00 Local Tax Revenue $ - $ - $ - $ - $ - $ - $ - $ - Other Local $ 359,150.00 $ 389,200.00 $ 505,000.00 $ 505,000.00 $ - $ - $ - $ - County Revenue $ - $ - $ - $ - $ - $ - $ - $ - State Revenue $ 415,380.00 $ 528,027.00 $ 665,397.00 $ 476,066.00 $ 19,437.00 $ 25,592.00 $ 1 7,863.00 $ 14,435.00 Federal Revenue $ - $ - $ - $ - $ 90,752.00 $ 174,197.00 $ 59,224.00 $ 40,891.00 Other Sources $ - $ - $ - $ - $ - $ - $ - $ - Totals $941,812.00 $1,132,496.00 $1,445,407.00 $1,404,470.00 $131,233.00 $237,414.00 $119,681.00 $97,920.00 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 48,353.00 $ 521,858.00 $ 640,689.00 $ 591,871.00 $ 30,072.00 $ 120,820.00 $ 30,283.00 $ 17,573.00 Benefits $ 188,211.00 $ 207,932.00 $ 268,489.00 $ 250,447.00 $ 13,061.00 $ 49,183.00 $ 4,092.00 $ 3,555.00 Purchased Services $ 57,774.00 $ 66,632.00 $ 78,523.00 $ 79,794.00 $ 14,809.00 $ 21,751.00 $ 4 2,331.00 $ 37,879.00 Supplies & Materials $ 27,182.00 $ 55,062.00 $ 28,000.00 $ 29,540.00 $ 35,666.00 $ 3,039.00 $ 381.00 $ - Capital Outlay $ - $ - $ - $ - $ - $ 27.00 $ - $ - Debt Retirement $ 21.00 $ - $ - $ - $ - $ - $ - $ - Insurance & Judgments $ 5,002.00 $ 6,002.00 $ 6,302.00 $ 6,491.00 $ - $ - $ - $ - Transfers (net) $ - $ - $ - $ - $ - $ - $ - $ - Contingency Reserve $ - $ - $ - $ - Unappropriated Balances $ 215,269.00 $ 275,010.00 $ 423,404.00 $ 446,327.00 $ 37,625.00 $ 42,594.00 $ 4 2,594.00 $ 38,913.00 Totals $941,812.00 $1,132,496.00 $1,445,407.00 $1,404,470.00 $131,233.00 $237,414.00 $119,681.00 $97,920.00 A copy of the Charter School Budget is available for public inspection at https://www.cardinalacademycharter.org/.