PUBLIC NOTICES 175281 • wnaxlp NOTICE School District of Cornell 2025-26 Budget Publication Notice is hereby given, to the qualified electors of the School District of Cornell, that the budget hearing and annual meeting will be held in the Cornell Elementary School conference room, Monday, Oct. 27, 2025, at 5 p.m. The summary of the 2025-26 proposed budget is printed below. Detailed copies of the proposed budget are available at the Cornell Elementary School office. Dated this 16th day of October, 2025. /s/ Eileen Sikora, district clerk Audited Unaudited Budget General Fund 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 3,116,596.89 2,638,225.07 2,630,668.94 Ending Fund Balance 2,638,225.07 2,630,668.94 2,628,563.98 Revenues & Other Financing Sources Transfers-In (Source 100) 0.00 0.00 0.00 Local Sources (Source 200) 1,793,933.30 1,719,612.21 1,817,624.00 Inter-district Payments (Source 300 + 400) 356,091.53 382,482.00 383,000.00 Intermediate Sources (Source 500) 74,071.16 163,258.70 86,335.00 State Sources (Source 600) 3,463,993.41 4,221,944.63 4,122,961.00 Federal Sources (Source 700) 375,962.95 325,400.46 212,964.00 All Other Sources (Source 800 + 900) 66,315.20 78,436.71 0.00 Total Revenues & Other Financing Sources 6,130,367.55 6,891,134.71 6,622,884.00 Expenditures & Other Financing Uses Instruction (Function 100 000) 2,580,640.85 2,455,764.27 2,459,452.05 Support Services (Function 200 000) 1,944,714.55 1,871,863.37 2,448,926.80 Non-Program Transactions (Function 400 000) 2,083,383.97 2,571,063.20 1,716,610.11 Total Expenditures & Other Financing Uses 6,608,739.37 6,898,690.84 6,624,988.96 Audited Unaudited Budget Special Projects Fund – (Funds 21 & 27) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 276,227.30 291,471.48 325,215.18 Ending Fund Balance 291,471.48 325,215.18 347,735.18 Revenues & Other Financing Sources 1,363,037.71 1,309,851.88 1,327,509.11 Expenditures & Other Financing Uses 1,347,793.53 1,276,108.18 1,304,989.11 Audited Unaudited Budget Capital Projects Fund – (Funds 46) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 4,238,761.51 4,897,750.36 5,597,027.02 Ending Fund Balance 4,897,750.36 5,597,027.02 5,627,027.02 Revenues & Other Financing Sources 658,988.85 1,099,716.90 30,000.00 Expenditures & Other Financing Uses 0.00 400,440.24 0.00 Audited Unaudited Budget Food Service Fund – (Funds 50) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 204,521.84 186,247.99 167,335.37 Ending Fund Balance 186,247.99 167,335.37 107,828.66 Revenues & Other Financing Sources 355,894.88 343,176.60 321,280.00 Revenues & Other Financing Uses 374,168.73 362,089.22 380,786.71 Audited Unaudited Budget Trust Fund – (Funds 73) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 420,619.63 412,424.31 406,407.34 Ending Fund Balance 412,424.31 406,407.34 401,229.59 Revenues & Other Financing Sources 7,729.47 10,526.18 10,500.00 Revenues & Other Financing Uses 15,924.79 16,543.15 15,677.75 Investment Return – $10,526.18 Interest @ 2.55% Audited Unaudited Budget Community Service Fund – (Funds 80) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 37,036.66 37,436.65 37,519.73 Ending Fund Balance 37,436.65 37,519.73 37,619.73 Revenues & Other Financing Sources 100,729.00 84,178.76 92,563.50 Revenues & Other Financing Uses 100,329.01 84,095.68 92,463.50 Total Expenditures and Other Financing Uses Audited Unaudited Budget All Funds 2023-2024 2024-2025 2025-2026 Gross Total Expenditures – All Funds 8,446,955.43 9,021,424.16 8,403,228.28 Interfund Transfers (Source 100) – All Funds 1,172,694.20 1,596,906.32 729,793.11 Refinancing Expenditures (Fund 30) 0.00 0.00 0.00 Net Total Expenditures – All Funds 7,274,261.23 7,424,517.84 7,673,435.17 Proposed Property Tax Levy Audited Unaudited Budget Fund 2023-2024 2024-2025 2025-2026 General Fund 1,736,023.00 1,584,781.00 1,687,674.00 Referendum Debt Service Fund 0.00 0.00 0.00 Non-Referendum Debt Service Fund 0.00 0.00 0.00 Capital Expansion Fund 0.00 0.00 0.00 Community Service Fund 0.00 0.00 0.00 Total School Levy 1,736,023.00 1,584,781.00 1,687,674.00 Total Levy From Prior Year 8.84% -8.71% 6.49% PUBLIC NOTICES 175281 • wnaxlp NOTICE School District of Cornell 2025-26 Budget Publication Notice is hereby given, to the qualified electors of the School District of Cornell, that the budget hearing and annual meeting will be held in the Cornell Elementary School conference room, Monday, Oct. 27, 2025, at 5 p.m. The summary of the 2025-26 proposed budget is printed below. Detailed copies of the proposed budget are available at the Cornell Elementary School office. Dated this 16th day of October, 2025. /s/ Eileen Sikora, district clerk Audited Unaudited Budget General Fund 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 3,116,596.89 2,638,225.07 2,630,668.94 Ending Fund Balance 2,638,225.07 2,630,668.94 2,628,563.98 Revenues & Other Financing Sources Transfers-In (Source 100) 0.00 0.00 0.00 Local Sources (Source 200) 1,793,933.30 1,719,612.21 1,817,624.00 Inter-district Payments (Source 300 + 400) 356,091.53 382,482.00 383,000.00 Intermediate Sources (Source 500) 74,071.16 163,258.70 86,335.00 State Sources (Source 600) 3,463,993.41 4,221,944.63 4,122,961.00 Federal Sources (Source 700) 375,962.95 325,400.46 212,964.00 All Other Sources (Source 800 + 900) 66,315.20 78,436.71 0.00 Total Revenues & Other Financing Sources 6,130,367.55 6,891,134.71 6,622,884.00 Expenditures & Other Financing Uses Instruction (Function 100 000) 2,580,640.85 2,455,764.27 2,459,452.05 Support Services (Function 200 000) 1,944,714.55 1,871,863.37 2,448,926.80 Non-Program Transactions (Function 400 000) 2,083,383.97 2,571,063.20 1,716,610.11 Total Expenditures & Other Financing Uses 6,608,739.37 6,898,690.84 6,624,988.96 Audited Unaudited Budget Special Projects Fund – (Funds 21 & 27) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 276,227.30 291,471.48 325,215.18 Ending Fund Balance 291,471.48 325,215.18 347,735.18 Revenues & Other Financing Sources 1,363,037.71 1,309,851.88 1,327,509.11 Expenditures & Other Financing Uses 1,347,793.53 1,276,108.18 1,304,989.11 Audited Unaudited Budget Capital Projects Fund – (Funds 46) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 4,238,761.51 4,897,750.36 5,597,027.02 Ending Fund Balance 4,897,750.36 5,597,027.02 5,627,027.02 Revenues & Other Financing Sources 658,988.85 1,099,716.90 30,000.00 Expenditures & Other Financing Uses 0.00 400,440.24 0.00 Audited Unaudited Budget Food Service Fund – (Funds 50) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 204,521.84 186,247.99 167,335.37 Ending Fund Balance 186,247.99 167,335.37 107,828.66 Revenues & Other Financing Sources 355,894.88 343,176.60 321,280.00 Revenues & Other Financing Uses 374,168.73 362,089.22 380,786.71 Audited Unaudited Budget Trust Fund – (Funds 73) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 420,619.63 412,424.31 406,407.34 Ending Fund Balance 412,424.31 406,407.34 401,229.59 Revenues & Other Financing Sources 7,729.47 10,526.18 10,500.00 Revenues & Other Financing Uses 15,924.79 16,543.15 15,677.75 Investment Return – $10,526.18 Interest @ 2.55% Audited Unaudited Budget Community Service Fund – (Funds 80) 2023-2024 2024-2025 2025-2026 Beginning Fund Balance 37,036.66 37,436.65 37,519.73 Ending Fund Balance 37,436.65 37,519.73 37,619.73 Revenues & Other Financing Sources 100,729.00 84,178.76 92,563.50 Revenues & Other Financing Uses 100,329.01 84,095.68 92,463.50 Total Expenditures and Other Financing Uses Audited Unaudited Budget All Funds 2023-2024 2024-2025 2025-2026 Gross Total Expenditures – All Funds 8,446,955.43 9,021,424.16 8,403,228.28 Interfund Transfers (Source 100) – All Funds 1,172,694.20 1,596,906.32 729,793.11 Refinancing Expenditures (Fund 30) 0.00 0.00 0.00 Net Total Expenditures – All Funds 7,274,261.23 7,424,517.84 7,673,435.17 Proposed Property Tax Levy Audited Unaudited Budget Fund 2023-2024 2024-2025 2025-2026 General Fund 1,736,023.00 1,584,781.00 1,687,674.00 Referendum Debt Service Fund 0.00 0.00 0.00 Non-Referendum Debt Service Fund 0.00 0.00 0.00 Capital Expansion Fund 0.00 0.00 0.00 Community Service Fund 0.00 0.00 0.00 Total School Levy 1,736,023.00 1,584,781.00 1,687,674.00 Total Levy From Prior Year 8.84% -8.71% 6.49%
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