NOTICE IS HEREBY GIVEN, that Cardinal Academy Charter, LEA 566, Ada County, Idaho will hold a public hearing to approve the 2025-2026 Amended Budget and the 2026-2027 Proposed Budget on June 18th, 2026 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 2026 - 2027 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 Propose Actual Actual Amended Budget Budget Actual Actual Amended Budget Budget REVENUES 2023-2024 2024-2025 2025-2026 2026-2027 2023-2024 2024-2025 2025-2026 2026-2027 Beginning Balances $ 215,269.00 $ 275,010.00 $ 524,175.00 $ 573,804.00 $ 37,625.00 $ 42,594.00 $ 42,795.00 $ 37,733.00 Local Tax Revenue Other Local $ 389,200.00 $ 534,277.00 $ 555,000.00 $ 523,333.00 $ - $ - $ - $ - County Revenue $ - $ - $ - $ - $ - $ - $ - $ - State Revenue $ 528,027.00 $ 720,025.00 $ 452,772.00 $ 488,223.00 $ 25,592.00 $ 20,195.00 $ 14,435.00 $ 14,344.00 Federal Revenue $ - $ - $ - $ - $ 174,197.00 $ 45,389.00 $ 43,171.00 $ 37,408.00 Other Sources $ - $ - $ - $ - $ - $ - $ - $ - Totals $1,132,496.00 $1,529,312.00 $1,531,947.00 $1,585,360.00 $237,414.00 $108,178.00 $100,401.00 $89,485.00 Prior Year Prior Year Prior Year Proposed Prior Year Prior Year Prior Year Proposed Actual Actual Amended Budget Budget Actual Actual Amended Budget Budget EXPENDITURES 2023-2024 2024-2025 2025-2026 2026-2027 2023-2024 2024-2025 2025-2026 2026-2027 Salaries $ 521,858.00 $ 619,627.00 $ 591,871.00 $ 594,258.00 $ 120,820.00 $ 29,557.00 $ 18,713.00 $ 18,000.00 Benefits $ 207,932.00 $ 265,464.00 $ 250,447.00 $ 284,175.00 $ 49,183.00 $ 2,707.00 $ - $ - Purchased Services $ 66,632.00 $ 83,549.00 $ 79,794.00 $ 76,660.00 $ 21,751.00 $ 15,572.00 $ 40,132.00 $ 33,281.00 Supplies & Materials $ 55,062.00 $ 30,034.00 $ 29,540.00 $ 42,200.00 $ 3,039.00 $ 7,354.00 $ 3,823.00 $ 471.00 Capital Outlay $ - $ - $ - $ - $ 27.00 $ 10,193.00 $ - $ - Debt Retirement $ - $ 161.00 $ - $ - $ - $ - $ - $ - Insurance & Judgments $ 6,002.00 $ 6,302.00 $ 6,491.00 $ 8,000.00 $ - $ - $ - $ - Transfers (net) $ - $ - $ - $ - $ - $ - $ - $ - Contingency Reserve $ - $ - $ - $ - Unappropriated $ 275,010.00 $ 524,175.00 $ 573,804.00 $ 580,067.00 $ 42,594.00 $ 42,795.00 $ 37,733.00 $ 37,733.00 Balances Totals $1,132,496.00 $1,529,312.00 $1,531,947.00 $1,585,360.00 $237,414.00 $108,178.00 $100,401.00 $89,485.00 A copy of the Charter School Budget is available for public inspection at https://www.cardinalacademycharter.org/