Current Year Budget Information

Click here for the 2021/2022 Approved Budget.

Click here for the 2020/2021 Approved Budget.

Click here for a current Budget vs. Actuals for 2021/2022.

2021-22 Budget:

This year the PFC budget is $334,275. Of that, $252,180 will be invested in staffing. See the complete approved PFC Budget here.

Income

In the 2021-2022 year, the PFC is planning 4 major fundraisers, including Jaguar Fund, Auction/Gala, Read-A-Thon, and Walk-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. This year we anticipate a shortage in revenue and have voted to allocate $38,849 of strategic funds to pay for salaries that exceed our planned revenue.

The PFC's largest expense planned for the 2021-2022 year is Walnut Acres staff salaries (TK, K and 1st Grade Instructional Aides, Science Aides, Reading Intervention Specialists, a Math Intervention Specialist, a STEM instructor/Site Tech. We have also allocated some funding to a counselor position. Salaries represent 75% of all expenses planned for the 2021-2022 year.

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.