Financial Info
Last Updated:  June 14, 2016

 

Renfrew School PAC Budget 2016-2017

This is the approved budget for the 2016-17 school year.  This will be updated from time to time to show how much we have spent and how much is remaining.

Note that at the time the budget was set, we based it on 420 students.

Categories
Description
Budget
Spent
Remaining
Field Trip (FT) $10 per student for FT – PAC funding is only provided when FT permission forms state  PAC's contribution. $4,200.00 $0.00 $4,200.00
Class Funds $5 per student for classroom resources $2,100.00 $0.00 $2,100.00
Information Technology (IT) Purchase of computer lab equpment and related IT. $2,000.00 $0.00 $2,000.00
Performing Arts School wide performing arts such as operas, plays, music, etc. $2,250.00 $0.00 $2,250
Dance 2 weeks of student dance program $2,000.00 $0.00 $0.00
Garden Water System Funds to be used only on new water system. $700 will be set aside by PAC (cashable GIC) until the other portion of the estimated $2,800 project has been realized. $700.00 carry over $700.00
PAC Operations Funds needed to facilitate the operation of PAC. $300.00 $0.00 $300.00
Gifts of Recognition Gifts for retireing teachers - Retirees need to be employed at Renfrew for a minimum of 5 years. $200.00 $0.00 $200.00
Grade 7 Graduation Grade 7 graduation supplies such as food, decorations, etc.. $200.00 $0.00 $200.00
Windermere Scholarship Anual bursary awarded to a former Renfrew student who is graduating from Windermere and entering post-secondary. $200.00 $0.00 $200.00
Sports Day/Terry Fox School wide treats for students participating in Sports Day and Terry Fox run. $100.00 $0.00 $100.00
School Replacement Fund Primary gym equipment, science and math equipment, literacy replacement, music room replacement $2,500 $0.00 $2,500.00
Contingency For items that arise during the year $500.00 $0.00 $500.00
Playground Fund Playground repair and future investment $500.00 carry over $500.00
  Total $17,750.00 $1,200.00


$16,550.00


Expected Revenue from Gaming Grant:  $8400.00
Carry Over of Gaming Grant from previous year:  $400.00
Funds Raised in 2015-16:  $10,112.61
Total:  $18,912.61

Note that we have budgeted about $1200.00 less than the amount of funds we have to give to cover extra students above the 420 budgeted for (we found out post-budget that there are 435 students expected now) and for other unexpected expenses or funds to put aside for future large purchases.


Renfrew School PAC Budget 2015-2016

This is the approved budget for 2015-16 school year.  This will be updated from time to time to show how much we have spent and how much is remaining.

Note that at the time the budget was set, we based it on 410 students, but as of September 2015, we have 420 students.

Status as of June 14, 2016

Categories
Description
Budget
Spent**
Remaining
Field Trip (FT)
$10 per student for FT – PAC funding is only provided when FT permission forms state  PAC's contribution.
$4,100.00
$3,570.00
$530.00
Class Funds $5 per student for classroom resources $2,000.00 $2100.00 -$100.00
Information Technology (IT) Purchase of computer lab equpment and related IT. $2,000.00 $2000.00 $0.00
Performing Arts
School wide performing arts such as operas, plays, music, etc.
$1,500.00
$1382.50
$117.50
Dance
2 weeks of student dance program
$1,500.00
$1,500.00
$0.00
Classroom Literacy Fund $2.50 per student to be spent by Division teacher for their classroom literature.  For example, classroom novels or take home reading books...no textbooks. $1,000.00 $1050.00 -$50.00
Classroom Science/Math Fund $2 per student for Science/Math items, projects and/or guest speakers. Funds are to be spent by Division teacher for their classroom. Divisions may combine funds...no textbooks. $800.00 $840.00 -$40.00
Garden Water System Funds to be used only on new water system. $700 will be set aside by PAC (cashable GIC) until the other portion of the estimated $2,800 project has been realized. $700.00 carry over $0.00
Sports Equipment Equipment such as balls, uniforms, etc. related to Physical Education. $500.00 $585.88 -$85.88
PAC Operations
Funds needed to facilitate the operation of PAC.
$500.00
$216.55
$283.45
Music Room
Support for the purchase or repair of music equipment.
$200.00
$202.03
-$2.03
Gifts of Recognition
Gifts for retireing teachers - Retirees need to be employed at Renfrew for a minimum of 5 years.
$200.00
$0.00
$200.00
Grade 7 Graduation
Grade 7 graduation supplies such as food, decorations, etc..
$200.00
$200.00
$0.00
Windermere Scholarship
Anual bursary awarded to a former Renfrew student who is graduating from Windermere and entering post-secondary.
$200.00
$200.00
$0.00
Sports Day/Terry Fox
School wide treats for students participating in Sports Day and Terry Fox run.
$100.00
$0.00
$100.00
 
Total
$15,500.00
$14,892.09 $607.91


We are expecting to pay for items in the Gifts of Recognition in mid-June.

Cancellation or reallocation of categorical funding is subject to the approval of the Executive Committee.


Renfrew Montessori Parents' Budget

These funds were from direct donations from some of the Montessori parents to help pay for the set up of new classrooms. A funding shortfall was expected in the first year and the parents had decided at the time to help pay for basic Montessori supplies and furniture.

Status as of Dec 31, 2014

Date Status Revenue Expense Balance
1-Jul-13 Opening balance     $3,009.47
31-Jul-13 Interest $0.13   $3,009.60
29-Aug-13 Hot dog resale to PAC $57.30   $3,066.90
31-Aug-13 Interest $0.13   $3,067.03
30-Sep-13 Interest $0.13   $3,067.29
31-Oct-13 Interest $0.13   $3,067.42
30-Nov-13 Interest $0.13   $3,067.55
31-Dec-13 Interest $0.13   $3,067.55
16-Jan-14 Cheque to VSB for Donation Tax Receipts (to be reimbursed from Renfrew Elementary School)   $300.00 $2,767.55
31-Jan-14 Interest $0.12   $2,767.67
26-Feb-14 Donation Tax REceipts-Reimb. from Renfrew Elementary $300.00   $3,067.67
28-Feb-14 Interest $0.11   $3,067.78
31-Mar-14 Interest $0.13   $3,067.91
30-Apr-14 Interest $0.13   $3,068.04
31-May-14 Interest $0.13   $3,068.17
30-Jun-14 Interest $0.13   $3,068.30
31-Jul-14 Interest $0.13   $3,068.43
31-Aug-14 Interest $0.13   $3,068.56
30-Sep-14 Interest $0.13   $3,068.69
31-Oct-14 Interest $0.13   $3,068.82
30-Nov-14 Interest $0.13   $3,068.95
31-Dec-14 Interest $0.13   $3,069.08
  TOTAL: $359.61 $300.00 $3,069.08

 

© Renfrew Elementary School PAC
3315 22 Ave E  Vancouver, BC V5M 2Z2, Tel:  (604) 713-4851  Fax:  (604) 713-4854