Budget Overview

Click here for the 2023-2024 Approved Budget.

Click here for a Budget vs. Actuals for FY 22-23. 

2023-2024 Budget:

This year the PFC budget is $577,790.  Of that, $311,665 will be invested in staffing and $169,400 in strategic spending.  See the complete approved PFC Budget here. 

Income

In the 2023-2024 year, the PFC is planning 4 major fundraisers, including Jaguar Fund, Auction/Gala, 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 we plan to spend 100% of our budgeted income on various student-centered expenses.

The PFC's largest expense planned for the 2023-2024 year is Walnut Acres staff salaries (K-5th grade Instructional Aides, Science Aides, Reading Intervention Specialists, a Math Intervention Specialist, and an Art Lead). 

Budget Process: 

Budgets are initially developed by the Treasurer and the Financial Secretary with the guidance of the President, principal, committee chairs, and the executive board. Once an initial budget is developed, it is presented at 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 at 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.

Historical Information: 

For information regarding past budgets, please contract the PFC Treasurer at  treasurer@walnutacrespfc.net.