2022-2023 Budget Overview

Click here for the 2022-2023 Approved Budget.

Click here for a current Budget vs. Actuals for 2022/2023.

2022-2023 Budget:

This year the PFC budget is $403,600. Of that, $302,804 will be invested in staffing. See the complete approved PFC Budget here.

Income

In the 2022-2023 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.

The PFC's largest expense planned for the 2022-2023 year is Walnut Acres staff salaries (TK, K, 1st, 2nd and 3rd Grade Instructional Aides, Science Aides, Reading Intervention Specialists, a Math Intervention Specialist, a STEM instructor/Site Tech). However, the TK and Science 4th/5th grades are now district paid, and the PFC is re-evaluating how to allocate these funds.

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 last year’s budget - Please click here