NOTICE IS HEREBY GIVEN, that Idaho Novus Classical Academy, LEA 639, Ada County, Idaho will hold a public hearing to approve the 2025-2026 Amended Budget and 2026-2027 Proposed Budget at the regular meeting on Wednesday, June 24th, 2026 at 7:00 PM at 19255 N. McLeod Way, Boise, Idaho 83714. Copies of the proposed budgets are available at https://idahonovus.org/ and will remain available until the regular meeting, as provided by law. SUMMARY STATEMENT 2026-2027 SCHOOL BUDGET ALL FUNDS IDAHO NOVUS CLASSICAL ACADEMY GENERAL M & O FUND ALL OTHER FUND Prior Year Prior Year Prior Year Proposed Prior Year Prior Year Prior Year Proposed Actual Actual Amended Budget Actual Actual Amended Budget REVENUES 2023-2024 2024-2025 2025-2026 2026-2027 2023-2024 2024-2025 2025-2026 2026-2027 Beginning Balances $ - $ - $ 605,862.00 $ 686,014.00 $ - $ - $ 510.00 $ 207,472.00 Local Tax Revenue $ - $ - $ - $ - $ - $ - $ - $ - Other Local $ - $ 1,445,542.00 $ 778,187.00 $ 422,964.00 $ - $ 102,769.00 $ 355,850.00 $ - County Revenue $- $ - $ - $ - $ - $ - $ - $ - State Revenue $ - $ 2,536,122.00 $ 3,532,567.00 $ 4,421,025.00 $ - $ 71,020.00 $ 80,790.00 $ 203,753.00 Federal Revenue $ - $ 7,739.00 $ 8,000.00 $ 8,000.00 $ - $ 118,710.00 $ 157,765.00 $ 148,071.00 Other Sources $ - $ - $ - $ - $ - $ 2,866,634.00 $ - $ - Transfers $ - $ 212,841.00 $ - $ - $ - $ 97,949.00 $ 17,349.00 $ - Totals $ - $ 4,202,244.00 $ 4,924,616.00 $ 5,538,003.00 $ - $ 3,257,082.00 $ 612,264.00 $ 559,296.00 Prior Year Prior Year Prior Year Proposed Prior Year Prior Year Prior Year Proposed Actual Actual Amended Budget Actual Actual Amended Budget EXPENDITURES 2023-2024 2024-2025 2025-2026 2026-2027 2023-2024 2024-2025 2025-2026 2026-2027 Salaries $ - $ 1,916,900.00 $ 2,162,653.00 $ 2,670,913.00 $ - $ 107,956.00 $ 124,487.00 $ 76,920.00 Benefits $ - $ 563,891.00 $ 686,188.00 $ 961,305.00 $ - $ 32,944.00 $ 38,359.00 $ 12,034.00 Purchased Services $ - $ 148,790.00 $ 264,502.00 $ 379,355.00 $ - $ 90,438.00 $ 55,872.00 $ 46,203.00 Supplies & Materials $ - $ 377,040.00 $ 452,070.00 $ 149,368.00 $ - $ 32,702.00 $ 168,725.00 $ 87,655.0 Capital Outlay $ - $ 42,109.00 $ - $ - $ - $ 2,779,691.00 $ - $ - Debt Retirement $ - $ 427,981.00 $ 623,327.00 $ 622,427.00 $ - $ - $ - $ - Insurance & $ - $ 21,722.00 $ 49,862.00 $ 61,500.00 $ - $ - $ - $ - $ - Judgments Transfers $ - $ 97,949.00 $ - $ - $ - $ 212,841.00 $ 17,349.00 $ - Contingency $ - $ - $ - $ - $ - $ - $ - $ - Reserve Unappropriated $ - $ 605,862.00 $ 686,014.00 $ 693,135.00 $ - $ 510.00 $ 207,472.00 $ 336,484.0 Balances Totals $ - $ 4,202,244.00 $ 4,924,616.00 $ 5,538,003.00 $ - $ 3,257,082.00 $ 612,264.00 $ 559,296.00 A copy of the Charter School Budget is available for public inspection at the District’s Administrative or Clerk’s Office.