(Attachment “B”)

MEANS OF FINANCE:

General Fund

Receipts Corsica Stickney Consolidated

2014-2015 2014-2015 2015-2016

1110 Taxes Levied 435,538.29 356,138.00 771,970.87

Opt Out 150,000.00 300,000.00 -0-

1100 Taxes – Other 72,500.00 21,545.00 94,045.00

1510 Earnings on Investments 4,000.00 8,000.00 12,000.00

1700 Co-Curricular Activities 15,000.00 8,000.00 23,000.00

1900 Other Local Sources 15,700.00 24,600.00 40,300.00

1941 Shared Staff 57,650.00 -0-

2110 County Apportionment 12,000.00 10,500.00 22,500.00

2110 County-Other 3,000.00 3,000.00

3111 State Aid 372,177.29 271,459.00 725,258.00

3112 State Apportionment 12,000.00 7,600.00 19,600.00

3114 Bank Franchise Tax 7,000.00 18,000.00 25,000.00

3900 State-Other 3,000.00 3,000.00

4158 Title I/A 45,774.50 45,775.00

4159 Title II/A 43,408.00 5,217.00 48,625.00

4193 Medicaid Administration

Pension (Retirement Offset) 40,298.00 40,298.00

5180 Reserve for Unemployment 2,401.74 2,401.00

7000 Contingency 35,000.00 55,000.00

9000 Designated to Fund Budget 131,778.59 115,198.00 111,559.13

Total Means of Finance Available 1,357,278.41 1,247,205.00 2,043,332.00

District Valuation 170,231,348 140,892,204 311,123,552

Current Levy Rates: Those set by the State used for both Corsica and Stickney School Districts

· Note the opt outs in both districts will not be in effect for the start date of the newly consolidated district.