TAVELLI PTO
FINANCIAL SUMMARY
February 6, 2006
	INCOME AND EXPENSES SUMMARY							Budget	Actual	Variance
		TOTAL INCOME						$26,060.10	$    21,319.41	$5,013.69
		TOTAL EXPENSES						$25,425.00	$     5,044.22	$20,380.78
		DIFFERENCE						$635.10	$16,275.19
	CASH AVAILABLE
		CHECKING ACCOUNT						$13,992.02
		SAVINGS ACCOUNT						$11,053.77
		DONATION FOR BOOK FUND						($1,000.00)
		RESERVE						($10,000.00)
								$14,045.79
								Budget	Actual
	ALBERTSON'S FUNDS AVAILABLE, AUG 31, 2005							$4,529.75	$4,529.75
		2005-06 Deposited							759.64	for Q2 2005
									841.27	for Q3 2005
		PTO approved funding:
		Dream Team staffing						($2,500.00)	($2,500.00)
		Additional Cards						($30.00)
		200 m Track						($1,000.00)
Even Years					Tavelli T-Shirts	3500
						ALBERTSON'S FUNDS AVAILABLE, END OF YEAR		$999.75	$3,630.66
Based upon 2004-05 deposits, additional funds of $1700.00 will be added.  2005-06 Year End balance = $3460.00
Estimating the 2006-07 Year End Balance = ($170)
To meet the financial goals, we need to find a way to push the use of the Albertson's cards.
Income and Expenditures
February 6, 2006
								Budget	Actual	Variance
Funds Carried Over (Teachers)								1,529.36	1,529.36
Funds Carried Over (Checking)								6,936.06	6,936.06
Funds Carried Over (Savings)								10,034.68	10,034.68
Reserve								(10,000.00)	(10,000.00)
Fundraisers
	Gold C							6,500	5,261.75	1,238.25
	Innisbrook - (Internet sales from 2005)							-	273.00
	Pizza Cards  (Break Even Numbers only)[1]							440	218.00	222.00
	School Directory Sponsorships							750	615.00	135.00
	Cornstalk   (Break Even) - Expenses have not been paid							900	1,590.56	(690.56)
	Book Fairs - has $81.20 left from Grant received in 2004							2,000	2,274.90	(274.90)
	Original Works - (same $ amount given to Art department)							1,300	1,528.31	(228.31)
	Read-a-Thon - (prizes purchased/paid for prior to event)							4,000	73.98	3,926.02
	Additional Fund Raiser(s)							600	-	600.00
										-
Rebate Programs (Target, General Mills, Washington Mutual)								1,000	803.72	196.28
Donations								50	161.00	(111.00)
Interest Income								20	19.09	0.91
TOTAL INCOME								$  26,060.10	$ 21,319.41	$         5,013.69
Standing PTO Committees:
	Hospitality							800	(291.64)	508.36
	PTO Board Recognition Gifts							165	(50.00)	115.00
	Outreach							100	-	100.00
	Secretary/Treasurer							50	(67.02)	(17.02)
	Back to School Folders							35	(34.68)	0.32
Priority 1 Activities:
	Character Education							1,700	(225.00)	1,475.00
	Eco Ed							1,500	(1,500.00)	-
	Retirement gifts							100	-	100.00
	Tiger Tales newsletter							150	(65.88)	84.12
[2]	Title I for District							50	-	50.00
	200 meter Track Contribution (taken from Reserve, if needed)							2,000	-	2,000.00
	Teacher/Classroom and Field trip contributions							11,500	(2,875.00)	8,625.00
	Classroom ($125 x 28 classrooms) -						3500			-
	ED, Title 1  ($250 each)						500			-
	ESL, OT, Speech, LD, LIT., G. Beyond, Psych  ($125 each)						875			-
	Media, Tech  ($350 each)						700			-
	Art, Music  ($700 each)						1400			-
	PE and PE Equipment						700			-
	Counseling-Meredith						125			-
	Field Trips  ($125 x 28 classrooms)						3500			-
	Special Education Field Trip						200			-
Even years	Multi-cultural Event									-
Odd years	Visiting Artist, Musicians - Little Shop of Physics							2,000	(125.00)	1,875.00
[3]	Summer School tuition							1,000	-	1,000.00
Priority 2 Activities:
	CSAP and Levels Testing snacks							600	-	600.00
	Odyssey of the Mind							500	190.00	690.00
	Geography Text Books							150	-	150.00
	Media AR Quizzes (support newly purchased AR books)							500	-	500.00
[4]	Everyday Math Resources							75	-	75.00
										-
	Emergency Food Service (cover lunch charges at end of year)							50	-	50.00
	Playground Equipment							550	-	550.00
	Sixth grade yearbook/party							500	-	500.00
	Spelling Bee							150	-	150.00
	Team Tavelli - estimated half of the total General Mills rebates							300	-	300.00
										-
	Valentines parties							700	-	700.00
	Volunteer Coordinator / Recognition							200	-	200.00
TOTAL EXPENSES								$  25,425.00	$ (5,044.22)	$      20,380.78
								Check Income		4,740.69
								check Expenses		20,380.78