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LOTUS SCHOOL FOR EXCELLENCE

 

 

 

Lotus School for Excellence is a charter school that will begin in the fall of 2006.  Enrollment will be approximately 150 students.

 

 

 

Mission Statement:

 

Recognizing that educational success will be realized only when the essential underlying triad of student-teacher-parent/guardian is in harmony, LOTUS SCHOOL FOR EXCELLENCE (LSE) aims to prepare students to become responsible and educated citizens who have the skills and understanding to participate and work productively in a diverse, multicultural, and globally oriented environment and who are ready to carry the torch of knowledge, freedom, and prosperity that has been passed from one generation to another in this great country.

 

 

2006-07 Lotus School for Excellence
Revenues and Expenditures
     
       
  2004-05 2005-06 2006-07
  Actuals Budget Budget
       
Beginning Fund Balance 0 0 208,334
       
Revenues      
       
PPR Allocation (includes capital reserve) 0 0 962,521
Other Income 0 0 43,750
Federal Grants 0 0 327,200
       
Total Revenue 0 0 1,333,471
       
TOTAL REVENUE, including Beginning Fund Balance 0 0 1,541,805
       
Expenditures      
       
Salaries  0 0 502,800
Benefits 0 0 181,008
Purchased Services  0 0 238,930
Supplies 0 0 117,815
Building Related Costs  0 0 348,685
Equipment 0 0 102,006
       
TOTAL EXPENDITURES 0 0 1,491,244
       
Reserves      
       
Appropriated Reserves 0 0 41,144
       
TOTAL EXPENDITURES AND      
     APPROPRIATED RESERVES 0 0 1,532,388
       
Non-Appropriated Reserves 0 0 0
       
TOTAL EXPENDITURES AND RESERVES 0 0 1,532,388
       
Ending Fund Balance 0 0 9,417