Madison Academy

Educational Service Provider: Operating Expenditures

Educational Service Provider Operating Expenditures
Instructional Expenditures (1xx, 293) $2,978,782 82.55%
Pupil Support Services (21x) $36,918 1.02%
Instructional Staff Support Services (22x) $0 0.00%
General Administration (23x) $0 0.00%
School Administration (24x) $469,293 13.01%
Business Services (25x) $0 0.00%
Operations and Maintenance (26x) $82,338 2.28%
Transportation (27x) $0 0.00%
Central & Other Support Services (28x, 291, 292, 295, 299) $0 0.00% Total Operating Expenditures from ESP $3,567,331 98.87%
Total from ESP file $3,608,245 100.0%

Report based on district's 2014 Financial Information Database (FID) submission.

Caution should be used when using these financial data. Sound conclusions can only be drawn when the data elements are used in proper context. The ESP operational expenditure costs reported to the charts above are based on function codes as submitted to the Financial Information Database (FID). Districts are required by law (MCL 380.1281) to follow a common chart of accounts published as the

Michigan Public School Accounting Manual when reporting financial data. Definitions for each of the function codes listed in the charts above may be found in the Manual available at: http://www.michigan.gov/documents/appendix_33974_7.pdf.

More district financial information can be found online at www.michigan.gov/cepi.