Financial Transparency
Michigan School Business Officials
| 2010 Budget and Salary/Compensation Transparency Reporting |
INTRODUCTION
Section 18 (2) of the Public Act 94 of 1979, The State School Aid Act, has been amended, which requires each school district and intermediate school district to post certain information on its website within 30 days after a board adopts its annual operation budget or any subsequent revision to that budget. The Annual Budget and Transparency Reporting is an opportunity to communicate with our community on how we utilize the resources that are provided to us.
The following information is required to be posted on our website:
1. The annual operating budget and subsequent budget revisions.
2. Using data that has already been collected and submitted to the Michigan Department of Education (MDE), a summary of district or intermediate district expenditures for the most recent fiscal year for which they are available, expressed in the following two (2) pie charts which were provided for the general fund of the district or intermediate district by The Center for Educational Performance and Information (CEPI):
(a) A chart of personnel expenditures broken down into the following subcategories:
(1) Salaries and Wages.
(2) Employee benefit costs, including, but not limited to, medical, dental, vision, life, disability and long term care benefits.
(3) Retirement benefit costs.
(4) All other personnel costs.
(b) A chart of all district expenditures, broken into the following subcategories:
(1) Instruction
(2) Support Services
(3) Business and Administration
(4) Operations and Maintenance
3. Links to all of the following:
(a) The current collective bargaining agreement for each bargaining unit.
(b) Each health care benefits plan, including, but not limited to, medical, dental, vision, life, disability, long-term care, or any type of benefits that would constitute health care services, offered to any bargaining unit or employee in the district.
(c) The audit report of the audit conducted for the most recent fiscal year for which it is available.
4. The total salary and a description cost of each fringe benefit included in the compensation package for the superintendent of the district or intermediate district and each employee of the district whose salary exceeds $100,000.
5. The annual amount spent on dues paid to associations.
6. The annual amount spent on lobbying services.
| Section 1 - Annual Operating Budget and Subsequent Revisions |
| Section 2a and 2b - Summary of Expenditures - Expressed in Pie Charts |
Fiscal Year 2010-2011 Personnel Expenditures
Fiscal Year 2010-2011 District Expenditures
| Section 3a, 3b, and 3c - Listing of Collective Bargaining Agreements, Health Care Plans and Audit Report |
Employer Sponsored Health Care Plans
| Section 4 - Salary and Benefit Description of Superintendent and Employees with Salary Exceeding $100,000 |
Salary and Benefits of Superintendent and Staff Who Exceed $100,000
| Section 5 - Annual Amount Spent on Dues Paid to Associations |
| Section 6 - Annual Amount Spent on Lobbying or Lobbying Services |
| Section 7 - Health Care Bids |
PA 106 Insurance Bidding Rational
| Beal City Schools Current Year Receipts and Expenditures |
| Month | Receipts | Expenditures |
| August 2010 | Receipts |
Expenditures |
| September 2010 | Receipts |
Expenditures |
| October 2010 | Receipts |
Expenditures |
| November 2010 | Receipts |
Expenditures |
| December 2010 | Receipts |
Expenditures |
| January 2011 | Receipts |
Expenditures |
| February 2011 | Receipts |
Expenditures |
| March 2011 | Receipts |
Expenditures |
| April 2011 | Receipts |
Expenditures |
| May 2011 | Receipts |
Expenditures |
| June 2011 | Receipts |
Expenditures |
| July 2011 | Receipts |
Expenditures |
| August 2011 | Receipts |
Expenditures |
| September 2011 | Receipts |
Expenditures |
| October 2011 | Receipts |
Expenditures |
| November 2011 | Receipts |
Expenditures |
| December 2011 | Receipts |
Expenditures |



