Leslie Public Schools
Durant Debt Retirement Fund Budget
For Fiscal Year Ending June 30, 2009
				FY 05/06		FY 06/07		FY 07/08		FY 07/08
REVENUES				Actual		Actual		Budget		Budget
	State Aid			$17,108		$-		$-		$17,108
EXPENDITURES
	Redemption of Principal			11,792		-		-		13,558
	Interest on Debt			5,316		-		-		3,550
Total Expenditures				17,108		-		-		17,108
Net Increase (Decrease)				-		-		-		-
SUMMARY
Beginning Fund Equity				-		-		-		-
Add Increase (Decrease)				-		-		-		-
Ending Fund Equity				$-		$-		$-		$-
Notes:
This fund is used for book purposes only. No cash is received nor disbursed by Leslie Public Schools. This is a moral
obligation of the State of Michigan.