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The 2021-2022 budget for the Expendable Trust Funds is $42,105,968, an increase of $2.0 million or 5.02% above the 2020-2021 budget.


The majority of the Expendable Trust Funds are used to account for School Internal Funds and the District’s Early Retirement


The School Internal Funds account is used for the receipts, expenditures and fund balance for the financial activities in the internal accounts at the individual schools. These activities include but are not limited to athletic events, field trips, parent organizations, programs, class and special interest club projects, school stores, yearbook, book fairs and scholarships. The total budget for this fund is $22,900,442.

The purpose of the District’s Early Retirement Plan was to provide eligible employees, who elect to retire under the early retirement provisions, with a monthly benefit equal to the statutory reduction of the normal retirement benefits when early retirement precedes the normal retirement age of 62. The program is closed to new participants, however it will remain open until final payments are made to all current participants. The total budget for this fund is $19,019,069.

The remaining Expendable Trust Funds are used to assist children in need and provide funding for special programs to schools, as designated by the donor. The budget for these funds total $186,457.