Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the Food Service Program funded?

food service program
0
Posted

How is the Food Service Program funded?

0

The Food Service program is self funded and must rely upon the sale of meals and other products. The School Food Service Program is not included in the District Budget. A separate budget is prepared annually and managed daily, weekly and monthly. All monies collected go into the School Lunch Fund to pay for expenses such as food, labor, (including health/medical insurance, retirement, etc…) equipment costs and other expenses. Last year, for every dollar we received in revenues we paid 42.12 cents to purchase food products, 47.25 cents to pay for labor & benefits, 7.76 cents to purchase new equipment and repairs, and 2.57 cents to pay for other operating expenses. We ended the year with a surplus (carry over to next year) of 3/10 of a penny for every dollar of revenue (which equaled $721 for the year).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123