Porter Township School Corporation

1. Porter Township School Corporation Budget 2012

2. Budget Summary

3. Line Item Descriptors in General Fund 100 Salaries: Gross salary for permanent and temporary services 200 Employee Benefits: All fringe benefit payments 300 Purchased Professional and Technical Services: Non-payroll services that by nature can be performed only by personsfor firms with specialized skills and knowledge. (Special/Vocational Education, Consultants, Attorney, Architect, Professional Development) 400 Purchased Property Services: Services purchased to operate, repair, maintain and rent property ownedor used by the school. Services performed by persons other than schoolemployees. (Water, Sewage, Cleaning Services, Repairs and Maintenance, Rentals, Construction) 500 Other Purchased Services: Services rendered by personnel not on payroll but separate from Professionaland Technical or Property Services. (Student transportation, Insurance, Bonds, Telephone, Postage, Printing, Transfer Tuition, Travel)

4. Line Item Descriptors in General Fund 600 Supplies: Amounts paid for material items of expendable nature that are consumed, worn out,or deteriorated by use; expenditures for all supplies for the operation of the school, including freight and cartage.(Supplies, Tires, Repairs, Gas, Oil, Food, Electric, Gas, Textbooks, Library Books) 700 Property: Expenditures for acquiring capital assets, including land, existing buildings, existinginfrastructure assets and equipment.(Land, Buildings, Equipment, Vehicles, anything Computer related, Professional Development) 800 Other Objects: Amounts paid for goods and services not classified above, Debt Related Expenditures(Dues, fees, Judgments, Redemption of Principal, Interest, Bank fees, Awards) 900 Other Items: Transactions not properly recorded as expenses but require control and reporting(Transfers, Investments)

6. 2013 Budget General Fund