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Home My WebLink AboutOrdinance No. 2026-19 Amending Aventura City of Excellence School ACES Budget FY 2025-2026 - September 8, 2026Consolidated Financial Report Enrollment 1,032 1,039 7 1% FEFP rate per Student $ 8,963 $ 8,869 $ (94) -1% REVENUE: FTE $ 9,249,943 $ 9,186,391 $ (63,551) -1% Capital Outlay 1,720,344 1,550,841 (169,503) -10% NSLP Revenue (National School Lunch Program) 78,022 83,163 5,141 7% Food Service Revenue 140,000 228,509 88,509 63% Grants - Federal/State/Local - 73,727 73,727 0% Before and Aftercare Revenue 175,000 106,356 (68,644) -39% Miscellaneous Revenues 123,337 178,487 55,150 45% Other Program Revenue - 109,370 109,370 0% Referendum Stipends 1,661,561 1,795,076 133,515 8% Subtotal Operating Revenue $ 13,148,207 $ 13,311,920 $ 163,713 1% Other Non -Revenue Proceeds from Long Term Debt- Lease 153,695 121,470 (32,225) -21% City Subsidy Advance from the City's General Fund 700,000 1,172,518 472,518 68% TOTAL REVENUE $ 14,001,902 $ 14,605,908 $ 604,006 4% EXPENDITURES Administrative Staff Principal 1.0 1.0 Assistant Principals/Deans 4.0 3.0 School Operations Administrator 1.0 1.0 Administrative Assistant 3.0 3.0 Receptionist 1.0 1.0 Enrollment Management 1.0 1.0 Guidance Counselor 2.0 3.0 IT Support 1.0 1.0 Hall Monitor 4.0 4.0 Subtotal Administrative Staff 18.0 $ 1,215,670 18.0 $ 1,229,758 $ (14,088) -1% Instruction Staff Teachers 68.0 62.0 ESE/Special Education Teachers 6.0 5.0 Curriculum Resource Teacher 3.0 5.0 Instructional Aides 3.0 5.5 Subs 1.0 3.0 Subtotal Instructional Staff 4,741,836 80.5 $ 4,711,358 $ 30,478 1% Consolidated Financial Report Tutoring $ 16,625 $ 57,484 $ (40,859) -246% Bonuses 52,911 133,034 (80,123) -151% Stipends 1,358,267 1,565,848 (207,581) -15% Benefits 890,514 875,913 14,601 2% Payroll Taxes 586,647 580,932 5,715 1% Subtotal Other Compensation - Group Insurance, Benefits, and Payroll Taxes $ 2,904,965 $ 3,213,212 $ (308,247) -11% Total Compensation 99.0 $ 8,862,471 98.5 $ 9,154,328 $ (291,857) -3% Professional Services Management Fee $ 977,116 $ 977,115 $ - 0% Legal Fees 9,900 9,146 754 8% Fee to County Board 44,816 42,105 2,711 6% Outside Staff Development 45,050 36,429 8,621 19% Accounting Services -Audit 11,000 11,000 - 0% Professional Fees - Other 21,637 20,407 1,230 6% Computer Services Fees 207,432 207,432 - 0% Advertising/Marketing Expenditure 10,144 10,144 - 0% Subtotal Professional Services $ 1,327,095 $ 1,313,779 $ 13,316 1% Vendor Services Contracted Pupil Transportation $ 458,316 $ 489,395 $ (31,079) -7% Contracted Mental Health Services 106,510 91,873 14,637 14% Extra -Curricular Activity Events & Transportation 44,450 43,980 470 1% Contracted Food Services 230,000 305,204 (75,204) -33% Drug Testing Fees 2,000 1,784 216 11% Licenses & Permits 2,365 2,691 (326) -14% Contacted Custodial Services 416,325 426,325 (10,000) -2% Contracted Security 219,235 216,986 2,249 1% Subtotal Vendor Services $ 1,479,201 $ 1,578,238 $ (99,037) -7% Administration Expenditures Travel $ 7,750 $ 7,184 $ 566 7% Meals 250 3,060 (2,810) -1124% Lodging 5,000 3,287 1,713 34% Business Expenditures - Other 11,892 4,363 7,529 63% Dues & Subscriptions 10,550 8,210 2,340 22% Printing 52,500 28,219 24,281 46% Office Supplies 12,200 8,792 3,408 28% Medical Supplies - 44 (44) 0% Subtotal Administration Expenditures $ 100,142 $ 63,159 $ 36,983 37% Instructional Expenditures Textbooks & Reference Books $ 57,275 $ 57,275 $ - 0% Consumable Instructional (Student) 11,000 11,850 (850) -8% Consumable Instructional (Teacher) 350 334 16 5% Instructional Licenses 109,609 73,007 36,603 33% Testing Materials 1,650 1,689 (39) -2% Florida Teacher Lead Program - 22,500 (22,500) 0% Contracted SPED Instruction 75,000 77,185 (2,185) -3% Subtotal Instructional Expenditures $ 254,884 $ 243,840 $ 11,044 4% Consolidated Financial Report Other Operating Expenditures Telephone & Internet $ 57,194 $ 38,022 $ 19,172 34% Postage 5,258 4,474 784 15% Electricity 154,665 147,972 6,693 4% Water & Sewer 47,940 60,613 (12,673) -26% Waste Disposal 19,173 31,556 (12,383) -65% Pest Control 8,865 5,329 3,536 40% Cleaning Services 88,417 57,867 30,550 35% Building Repairs & Maintenance 600,789 834,911 (234,123) -39% Equipment Repairs & Maintenance - 592 (592) 0% Miscellaneous Expenditures 48,924 143,144 (94,220) -193% Subtotal Other Operating Expenditures $ 1,031,225 $ 1,324,479 $ (293,254) -28% Fixed Expenditures Office Equipment - Leasing Expenditures $ 24,624 $ 31,035 $ (6,411) -26% Professional Liability & Other Insurance 135,435 113,235 22,200 16% Subtotal Fixed Expenditures $ 160,059 $ 144,271 $ 15,788 10% Rent Expense $ 444,000 $ 444,000 $ - 0% $ 13,659,077 $ 14,266,094 TOTAL OPERATING EXPENDITURES $ (607,017) -4% Capital Expenditures Computers - Hardware $ 185,415 $ 225,923 $ (40,508) -22% Computers - Software - 8,322 (8,322) 0% Audio Visual Equipment 36,900 7,821 29,079 79% FF&E 12,500 12,751 (251) -2% IT Infrastructure 25,000 8,200 16,800 67% Improvements Other than Building 26,655 33,835 (7,180) -27% Total Capital Expenditures $ 286,470 $ 296,852 $ (10,382) -4% Total Operating and Capital Expenditures $ 13,945,547 $ 14,562,946 $ (617,399) -4% Revenues less Total Operating and Capital Expenditures $ 56,355 $ 42,962 $ (13,393) -24% Long term Debt Repayment $ 51,232 $ 41,254 $ 9,978 19% Interest Payment $ 5,123 $ 1,708 $ 3,415 67% Total Operating and Capital Expenditures and Debt $ 14,001,902 $ 14,605,908 $ (604,006) -4% Change in Fund Balance $ - $ - $ - -