School Name: Greenfield High School
Report Date: January 15, 2060
Prepared by: [Your Name], School Financial Officer
State Funding: $2,500,000
Local Taxes: $1,200,000
Federal Grants: $500,000
Private Donations: $100,000
Total Income: $4,300,000
Salaries & Wages: $2,000,000
Instructional Materials: $400,000
Facility Maintenance: $250,000
Transportation: $150,000
Technology and Equipment: $300,000
Extracurricular Programs: $150,000
Total Expenses: $3,850,000
Surplus: $450,000
Technology Upgrades: $200,000
Building Renovation Fund: $150,000
Scholarship Fund: $100,000
Reserve Fund: $100,000
The increase in state funding is attributed to new educational initiatives implemented by the state.
The surplus is primarily due to cost-saving measures in non-essential expenditures.
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