Budget Transparency Reporting
The Budget Transparency Reporting is an opportunity to communicate how we utilize the resources that are provided to us. The following information is posted on our transparency website:
1. The annual operating budget and subsequent budget revisions. 2. Using data that has already been collected and submitted to the Michigan Department of Education (MDE), a summary of district or intermediate district expenditures for the most recent fiscal year for which they are available, expressed in the following two (2) pie charts which were provided for the general fund of the district or intermediate district by the Center for Educational Performance and Information (CEPI):
(a) A chart of personnel expenditures broken down into the following subcategories:
(1) Salaries and Wages
(2) Employee benefit: including, but not limited to, medical, dental, vision, life, disability, and long term care benefits
(3) FICA/Retirement/Unemployment/Workers Compensation
(4) Other Employee Benefits
(5) Purchased Services/Supplies/Capital Outlay/Other Expenses
(b) A chart of all operating expenditures, broken into the following subcategories:
(1) Classroom Instruction
(2) Pupil and Instructional Staff Support
(3) Business and Administration
(4) Operations, Maintenance, and Facilities
(6) Other Support
3. Links to all of the following:
(a) The current collective bargaining agreement for each bargaining unit
(b) Each health care benefits plan, including, but not limited to, medical, dental, vision, disability, long-term care, or any other type of benefits that would constitute health care services, offered to any bargaining unit or employee in the district
(c) Audited Financial Statements
(d) Medical Benefit Plan Benefit Bid
(e) The district’s written policy governing procurement of supplies, materials, and equipment.
(f) The district’s written policy establishing specific categories of reimbursable expenses.
(g) A statement of the total amount of expenses incurred by board members or employees of the district that were reimbursed by the district.
4. The total salary and a description and cost of each fringe benefit included in the compensation package for the superintendent of the district or intermediate district and for each employee of the district whose salary exceeds $100,000.
5. District Paid Association Dues
6. District Paid Lobbying Costs
7. The Enhanced Deficit Elimination Plan most recently approved by the Michigan Department of Treasury.
8. District Credit Card Information
9. District Paid Out-of-State Travel
Fiscal Year 2023-2024 Budget -
Section 3a – Listing of the Current Collective Bargaining Agreements, 3b -Employer Sponsored Health Care Plans, 3c – Audited Financial Statements, 3d – Medical Benefit Plan Bids
Section 3a – Current Collective Bargaining Agreements
Section 3e – District’s written policy governing procurement of supplies, materials, and equipment.
Section 3g – The total amount reimbursed by South Lake Schools to the staff and Board, for 2021-2022, was $51,133.61. 18.75% of the reimbursements were funded through fund raising activities or grants.
Section 4 – Employee Compensation Information
Section 6 – District Paid Lobbying Costs
There were no lobbying related expenses for the period of July 1 through June 30
- District is not required to file a Deficit Elimination Plan.
Section 8 – District Credit Card Information
Section 9 – District Paid Out-of- State Travel
- There was no out of state travel to report.