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2012 Budget and Salary/Compensation Transparency Reporting   Report Date: 06/19/13 
                                                                                      
Lake Fenton Community Schools  
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 it annual operating budget or any subsequent revision to that budget.  The Annual Budget & Transparency Reporting is an opportunity to communicate 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 benefits 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, disability, long-term
                     care, or any other 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 and cost of each fringe benefit included in the compensation package for the
     superintendent of the district or intermediate district and for 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
Fiscal Year 2014-2015  Board Approved Budget
Fiscal Year 2013-2014 Board Approved Budget Amendment - June 9, 2014

Fiscal Year 2013-2014 Board Approved Budget Amendment - March 24, 2014
Fiscal Year 2013-2014 Board Approved Budget Amendment - November 25, 2013
Fiscal Year 2013-2014 Board Approved Budget
Fiscal Year 2012-2013 Board Approved Budget Amendment - June 10, 2013

Fiscal Year 2012-2013 Board Approved Budget Amendment - March 25, 2012
Fiscal Year 2012-2013 Board Approved Budget Amendment - November 26, 2012
Fiscal Year 2012-2013 Board Approved Budget

Section 2a and 2b  - Summary of Expenditures - Expressed in Pie Charts

Fiscal Year 2012-2013 Personnel Expenditures


Fiscal Year 2012-2013 District Expenditures
Section 3a, 3b and 3c - Listing of the Collective bargaining Agreements, Health Care Plans and Audit Report

Current Collective Bargaining Agreements

Links to Audit Report
Health Care Benefits Plans
Section 4 - Salary and Benefit Description of Superintendent and Employees with Salary Exceeding $100,000

Link to List of Qualifying Employees
Section 5 - Annual Amount Spent on Dues paid to Associations

Link to List of Qualifying Expenditures
Section 6 - Annual Amount Spent on Lobbying or Lobbying Services

District does not employ or contract with any firm or individual for lobbying services.

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