Statistics
Numbers that Matter
Charts and Graphs
Numbers that drive bonds, levies and funding. Average Daily Attendance and Kootenai County Property Values
The Lakeland Joint School District Budget for School Year 2019-2020 represented in graph and chart.
Area (sq. mi.)
Land Area (sq.mi.)
Counties
Water Area (sq. mi.)
% of Land Area
% of Water Area
Latitude
Longitude
Total Population
Total Housing Units
Total Households
Median Age
393.92
383.97
Kootenai,Bonner
9.95
97.47
2.53
47.882484
-116.7391911
26,553
11,613
9,872
41.1
Fund Balance - School districts can budget up to 5 percent of their general fund budget into a contingency fund reserve. These savings accounts have grown very large in the past few years. Some districts have as much in their fund balance as they spend each year.
Lakeland Joint School District #272
The District will strive to maintain an unassigned fund balance of not less than five percent (5%) and not more than seven and one half percent (7.5%) of the general fund expense budget for the fiscal year.
If the unassigned fund balance (once attained) falls below the 5% threshold the Board of Trustees will pursue variations of increasing revenues and decreasing expenditures to maintain the minimum level of fund balance.
If the unassigned fund balance exceeds the upper threshold of 7.5% the Board of Trustees may appropriate excess funds for nonrecurring expenditures.
LJSD #272
Budget 2023-2024
Kootenai County Idaho
Lakeland27223-24BudgetFinal.pdfAs a part of the policy implementation the annual budget process will include a minimum amount to increase the unassigned fund balance. If the current fund balance is 3% or less the amount should be as close as possible to $250,000 for the year, considering the financial needs approved by the Board. Once the 3% level has been reached, the minimum amount can be reduced to $100,000 annually until the minimum target is met.