You were originally allotted 53, 349, and 882 for your annual budget at Lake Forest City Schools (LFCS). The funding sources that allocated funds are included for your review. Due to COVID-19 impacts, your budget has been reduced to $ 42, 169, 665 and more cuts are needed. There are certain areas that are eligible in this round of budget cuts. The instructional budget is not eligible for cuts at this time.
1. Justify which areas of the budget you made reductions to for your chosen school.
2. Explain how the budget reductions affect the overall budget and operation of your chosen school.
3. Complete the Budget allocation spreadsheet [XLSX] for your chosen school.
State: $ 28, 817, 565.00
City: $ 11, 650.00
Local: $ 170, 000.00
Federal: $ 9, 670, 450.00
Food Services: $ 3, 500, 000.00
Total: $ 42, 169, 665.00
4. Complete the budget allocation table for your chosen school.
I need to summarize how to reduce the financial budget for my school by 20%.
5. Use four qualified resources.
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