Current Year Budget Information

Click here for our approved 2017-2018 budget.

2017-2018 Budget:
This year the PFC budget is $377,300.  Of that, $306,215 (81%) will be invested in staffing.  See the complete approved PFC Budget here.  For Year-to-Date Financial Statements, please click here
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Income
In the 2017-2018 year, the PFC is planning 4 major fundraisers, including Jaguar Fund (formerly WAEF), Auction, Read-A-Thon, and Walk/Jog-A-Thon.  It is important that each of these fundraisers not just make their budget targets, but exceed those targets to build our savings accrual (Strategic Planning) for our future.

Expenses
The PFC is a non-profit organization, which means total budgeted income dollar amount will always equal the total budgeted expense dollar amount.  In other words, 100% of budgeted income is planned to be spent during the year on various student-centered expenses.  The PFC's largest expense planned for the 2017-2018 year is Walnut Acres staff salaries (instructional aides in all grades, computer teachers, science aides, vocal music, reading specialists, as well as other aides).  Salaries represent more than 81% of all expenses planned for the 2017-2018 year.

Budget Process

Budgets are initially developed by the treasurers and the financial secretary with the guidance of the principal, office manager, committee chairs, and the executive board. Once an initial budget is developed, it is presented in the April PFC meeting and discussed with the parent community of Walnut Acres (the PFC). Outcomes from the meeting are incorporated into the budget and a final budget is presented in the May PFC meeting to be approved. The May PFC meeting is a "general meeting"; therefore, all members present have a vote. Once the budget is voted on and approved, it generally will not change unless unforeseen circumstances arise, such as district cuts to Walnut Acres staff or programs. In the event the budget needs revision, the new budget is presented, discussed, and voted on at a general meeting by all members present. 

For more information on the current year's budget, please contact the PFC Treasurer at treasurer@walnutacrespfc.net.
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PFC Treasurer,
Aug 3, 2016, 2:22 PM
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PFC Treasurer,
Aug 3, 2016, 2:20 PM
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PFC Treasurer,
Aug 12, 2017, 9:53 AM
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PFC Treasurer,
Oct 26, 2015, 11:33 AM