189727_2 • wnaxlp NOTICE School District of Cornell Budget Publication 2026-27 Revenues & Other Financing Sources 1,099,716.90 1,010,062.54 85,000.00 Expenditures & Other Financing Uses 400,440.24 0.00 0.00 Audited Unaudited Budget Capital Projects Fund – (Fund 49) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 0.00 0.00 0.00 Ending Fund Balance Notice is hereby given, to the qualified electors of the Cornell School District, that the budget hearing and annual meeting, is held at the Cornell Elementary School conference room, Monday, Oct. 26, 2026, at 5 p.m. The summary of the 2026-27 proposed budget is printed below. Detailed copies of the budget are available, at the Cornell Elementary School office. Dated this 22nd day of October, 2026. /s/ Eileen Sikora, district clerk 0.00 0.00 10,617,000.00 Revenues & Other Financing Sources 0.00 0.00 15,297,000.00 Expenditures & Other Financing Uses 0.00 0.00 4,680,000.00 Audited Unaudited Budget Food Service Fund – (Fund 50) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 186,247.99 167,335.37 116,728.59 Audited Unaudited Budget General Fund 2024-2025 2025-2026 Ending Fund Balance 2026-2027 Beginning Fund Balance 2,638,225.07 2,630,668.94 2,510,487.09 Ending Fund Balance 2,630,668.94 2,510,487.09 2,510,943.88 Revenues & Other Financing Sources 167,335.37 116,728.59 64,820.90 Revenues & Other Financing Sources 343,176.60 326,047.46 315,600.00 Expenditures & Other Financing Uses 362,089.22 376,654.24 367,507.69 Audited Unaudited Budget Trust Fund – (Fund 73) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 412,424.31 406,407.34 401,166.06 Transfers-In (Source 100) 0.00 0.00 0.00 Local Sources (Source 200) Ending Fund Balance 1,719,612.21 1,887,190.48 1,929,913.00 Inter-district Payments (Source 300 + 400) 382,482.00 391,180.00 478,668.00 Intermediate Sources (Source 500) 163,258.70 58,810.24 61,618.40 State Sources (Source 600) 4,221,944.63 4,271,063.32 4,171,100.43 Federal Sources (Source 700) 325,400.46 235,942.89 223,842.00 All Other Sources (Source 800 + 900) 78,436.71 13,413.32 9,500.00 Total Revenues & Other Financing Sources 6,891,134.71 6,857,600.25 6,874,641.83 Expenditures & Other Financing Uses 406,407.34 401,166.06 402,360.51 Revenues & Other Financing Sources 10,526.18 11,230.09 11,000.00 Expenditures & Other Financing Uses 16,543.15 16,471.37 9,805.55 Investment Return-$11,230.09 Interest @ 2.87% Audited Unaudited Budget Community Service Fund – (Fund 80) 2024-2025 2025-2026 2026-2027 Instruction (Function 100 000) Beginning Fund Balance 37,436.65 37,519.73 37,775.48 Ending Fund Balance 37,519.73 37,775.48 38,678.48 Revenues & Other Financing Sources 84,178.76 79,386.77 85,468.00 Expenditures & Other Financing Uses 84,095.68 79,131.02 84,565.00 2,455,764.27 2,433,007.51 2,515,220.37 Support Services (Function 200 000) 1,871,863.37 2,012,598.56 2,249,452.53 Non-Program Transactions (Function 400 000) 2,571,063.20 2,532,176.03 2,109,512.14 Total Expenditures & Other Financing Uses 6,898,690.84 6,977,782.10 6,874,185.04 Audited Unaudited Budget Special Projects Fund – (Funds 21 & 27) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 291,471.48 325,215.18 345,794.73 Total Expenditures and Other Financing Uses Audited Unaudited Budget All Funds Ending Fund Balance 325,215.18 345,794.73 370,244.73 2024-2025 2025-2026 2026-2027 Gross Total Expenditures – All Funds 9,037,967.31 8,736,101.79 14,443,426.27 Interfund Transfers (Source 100) – All Funds 1,596,906.32 1,534,574.37 938,495.14 Debt Expenditures (Fund 39) 0.00 0.00 831,572.67 Revenues & Other Financing Sources 1,309,851.88 1,306,642.61 1,620,240.32 Expenditures & Other Financing Uses 1,276,108.18 1,286,063.06 1,595,790.32 Audited Unaudited Budget Debt Service Fund – (Fund 39) 2024-2025 2025-2026 2026-2027 Net Total Expenditures – All Funds 7,441,060.99 7,201,527.42 12,673,358.46 Proposed Property Tax Levy Audited Unaudited Budget Fund 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 0.00 0.00 0.00 Ending Fund Balance 0.00 0.00 10,699.31 Revenues & Other Financing Sources 0.00 0.00 842,272.00 General Fund Expenditures & Other Financing Uses 0.00 0.00 831,572.67 1,584,781.00 1,752,150.00 1,793,913.00 Referendum Debt Service Fund 0.00 0.00 702,286.00 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 Audited Unaudited Budget Capital Projects Fund – (Fund 46) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 4,897,750.36 5,597,027.02 6,607,089.56 Ending Fund Balance 5,597,027.02 6,607,089.56 6,692,089.56 Total School Levy 1,584,781.00 1,752,150.00 2,496,199.00 Percentage Increase -- Total Levy from Prior Year -8.71% 10.56% 42.46% 189727_2 • wnaxlp NOTICE School District of Cornell Budget Publication 2026-27 Revenues & Other Financing Sources 1,099,716.90 1,010,062.54 85,000.00 Expenditures & Other Financing Uses 400,440.24 0.00 0.00 Audited Unaudited Budget Capital Projects Fund – (Fund 49) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 0.00 0.00 0.00 Ending Fund Balance Notice is hereby given, to the qualified electors of the Cornell School District, that the budget hearing and annual meeting, is held at the Cornell Elementary School conference room, Monday, Oct. 26, 2026, at 5 p.m. The summary of the 2026-27 proposed budget is printed below. Detailed copies of the budget are available, at the Cornell Elementary School office. Dated this 22nd day of October, 2026. /s/ Eileen Sikora, district clerk 0.00 0.00 10,617,000.00 Revenues & Other Financing Sources 0.00 0.00 15,297,000.00 Expenditures & Other Financing Uses 0.00 0.00 4,680,000.00 Audited Unaudited Budget Food Service Fund – (Fund 50) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 186,247.99 167,335.37 116,728.59 Audited Unaudited Budget General Fund 2024-2025 2025-2026 Ending Fund Balance 2026-2027 Beginning Fund Balance 2,638,225.07 2,630,668.94 2,510,487.09 Ending Fund Balance 2,630,668.94 2,510,487.09 2,510,943.88 Revenues & Other Financing Sources 167,335.37 116,728.59 64,820.90 Revenues & Other Financing Sources 343,176.60 326,047.46 315,600.00 Expenditures & Other Financing Uses 362,089.22 376,654.24 367,507.69 Audited Unaudited Budget Trust Fund – (Fund 73) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 412,424.31 406,407.34 401,166.06 Transfers-In (Source 100) 0.00 0.00 0.00 Local Sources (Source 200) Ending Fund Balance 1,719,612.21 1,887,190.48 1,929,913.00 Inter-district Payments (Source 300 + 400) 382,482.00 391,180.00 478,668.00 Intermediate Sources (Source 500) 163,258.70 58,810.24 61,618.40 State Sources (Source 600) 4,221,944.63 4,271,063.32 4,171,100.43 Federal Sources (Source 700) 325,400.46 235,942.89 223,842.00 All Other Sources (Source 800 + 900) 78,436.71 13,413.32 9,500.00 Total Revenues & Other Financing Sources 6,891,134.71 6,857,600.25 6,874,641.83 Expenditures & Other Financing Uses 406,407.34 401,166.06 402,360.51 Revenues & Other Financing Sources 10,526.18 11,230.09 11,000.00 Expenditures & Other Financing Uses 16,543.15 16,471.37 9,805.55 Investment Return-$11,230.09 Interest @ 2.87% Audited Unaudited Budget Community Service Fund – (Fund 80) 2024-2025 2025-2026 2026-2027 Instruction (Function 100 000) Beginning Fund Balance 37,436.65 37,519.73 37,775.48 Ending Fund Balance 37,519.73 37,775.48 38,678.48 Revenues & Other Financing Sources 84,178.76 79,386.77 85,468.00 Expenditures & Other Financing Uses 84,095.68 79,131.02 84,565.00 2,455,764.27 2,433,007.51 2,515,220.37 Support Services (Function 200 000) 1,871,863.37 2,012,598.56 2,249,452.53 Non-Program Transactions (Function 400 000) 2,571,063.20 2,532,176.03 2,109,512.14 Total Expenditures & Other Financing Uses 6,898,690.84 6,977,782.10 6,874,185.04 Audited Unaudited Budget Special Projects Fund – (Funds 21 & 27) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 291,471.48 325,215.18 345,794.73 Total Expenditures and Other Financing Uses Audited Unaudited Budget All Funds Ending Fund Balance 325,215.18 345,794.73 370,244.73 2024-2025 2025-2026 2026-2027 Gross Total Expenditures – All Funds 9,037,967.31 8,736,101.79 14,443,426.27 Interfund Transfers (Source 100) – All Funds 1,596,906.32 1,534,574.37 938,495.14 Debt Expenditures (Fund 39) 0.00 0.00 831,572.67 Revenues & Other Financing Sources 1,309,851.88 1,306,642.61 1,620,240.32 Expenditures & Other Financing Uses 1,276,108.18 1,286,063.06 1,595,790.32 Audited Unaudited Budget Debt Service Fund – (Fund 39) 2024-2025 2025-2026 2026-2027 Net Total Expenditures – All Funds 7,441,060.99 7,201,527.42 12,673,358.46 Proposed Property Tax Levy Audited Unaudited Budget Fund 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 0.00 0.00 0.00 Ending Fund Balance 0.00 0.00 10,699.31 Revenues & Other Financing Sources 0.00 0.00 842,272.00 General Fund Expenditures & Other Financing Uses 0.00 0.00 831,572.67 1,584,781.00 1,752,150.00 1,793,913.00 Referendum Debt Service Fund 0.00 0.00 702,286.00 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 Audited Unaudited Budget Capital Projects Fund – (Fund 46) 2024-2025 2025-2026 2026-2027 Beginning Fund Balance 4,897,750.36 5,597,027.02 6,607,089.56 Ending Fund Balance 5,597,027.02 6,607,089.56 6,692,089.56 Total School Levy 1,584,781.00 1,752,150.00 2,496,199.00 Percentage Increase -- Total Levy from Prior Year -8.71% 10.56% 42.46%
