Common use of Assumptions Used in the Deficit Reduction Plan Clause in Contracts

Assumptions Used in the Deficit Reduction Plan. EBF and Estimated New Tier Funding: ‐ Equal Assessed Valuation and Tax Rates: ‐ Employee Salaries and Benefits: ‐ Short and Long Term Borrowing: ‐ Educational Impact: ‐ Other Assumptions: ‐ Has the district considered shared services or outsourcing (Ex: Transportation, Insurance) If yes please explain: ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS (School Districts Only) (For Local Use Only) This is an estimated Limitation of Administrative Costs Worksheet only and will not be accepted for Official Submission of the Limitation of Administrative Costs Worksheet. The worksheet is intended for use during the budgeting process to estimate the district's percent increase of FY2022 budgeted expenditures over FY2021 actual expenditures. Budget information is copied to this page. Insert the prior year estimated actual expenditures to compute the estimated percentage increase (decrease). The official Limitation of Administrative Costs Worksheet is attached to the end of the Annual Financial Report (ISBE Form 50‐35) and may be submitted in conjunction with that report. An official Limitation of Administrative Costs Worksheet can also be found on the ISBE website at: Limitation of Administrative Costs ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS WORKSHEET (Section 17‐1.5 of the School Code) School District Name: Peotone CUSD 207‐U RCDT Number: 56099207U26 Description Funct. No. Estimated Actual Expenditures, Fiscal Year 2021 Budgeted Expenditures, Fiscal Year 2022

Assumptions Used in the Deficit Reduction Plan. EBF and Estimated New Tier Funding: ‐ Equal Assessed Valuation and Tax Rates: ‐ Employee Salaries and Benefits: ‐ Short and Long Term Borrowing: ‐ Educational Impact: ‐ Other Assumptions: ‐ Has the district considered shared services or outsourcing (Ex: Transportation, Insurance) If yes please explain: ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS (School Districts Only) (For Local Use Only) This is an estimated Limitation of Administrative Costs Worksheet only and will not be accepted for Official Submission of the Limitation of Administrative Costs Worksheet. The worksheet is intended for use during the budgeting process to estimate the district's percent increase of FY2022 FY2021 budgeted expenditures over FY2021 FY2020 actual expenditures. Budget information is copied to this page. Insert the prior year estimated actual expenditures to compute the estimated percentage increase (decrease). The official Limitation of Administrative Costs Worksheet is attached to the end of the Annual Financial Report (ISBE Form 50‐35) and may be submitted in conjunction with that report. An official Limitation of Administrative Costs Worksheet can also be found on the ISBE website at: Limitation of Administrative Costs ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS WORKSHEET (Section 17‐1.5 of the School Code) School District Name: Peotone CUSD 207‐U RCDT Number: 56099207U26 Description Funct. No. Estimated Actual Expenditures, Fiscal Year 2021 2020 Budgeted Expenditures, Fiscal Year 20222021 (10) Educational Fund (20) Operations & Maintenance Fund (80) Tort Fund * Total (10) Educational Fund (20) Operations & Maintenance Fund (80) Tort Fund Total 1. Executive Administration Services 2320 212,364 0 212,364 217,335 0 217,335 2. Special Area Administration Services 2330 0 0 0 0 0 0 3. Other Support Services ‐ School Administration 2490 0 0 0 0 0 0 4. Direction of Business Support Services 2510 134,415 0 0 134,415 142,962 0 0 142,962 5. Internal Services 2570 125,908 0 125,908 105,661 0 105,661 8. Totals 472,687 0 0 472,687 465,958 0 0 465,958 Estimated Percent Increase (Decrease) for FY2021 (Budgeted) 9. over FY2020 (Actual) ‐1% * For FY 2020 Tort Fund Expenditures, first complete the Estimated Limitation of Administrative Costs ‐ Crosswalk of FY 2020 Tort Fund Expenditures, located below on lines 43‐70 Estimated Limitation of Administrative Costs ‐ Crosswalk of FY 2020 Tort Fund Expenditures The 23 Illinois Administrative Code, Part 100 Requirements for Accounting, Budgeting, Financial Reporting and Auditing, was amended effective with the beginning of FY 2021. To assist districts with the crosswalk of its Limitation of Administrative Costs Worksheet (LAC) within the school district's FY 2021 budget, please complete the crosswalk of FY 2020 Tort Fund expenditures that would have been reflected within one of the Limitation of Administrative Costs functions if the amended rules were effective beginning with FY 2020. If a school district has FY 2020 Tort Fund expenditures, a Limitation of Administrative Costs – Tort Fund Crosswalk must be completed and must be submitted in conjunction with the FY 2021 Limitation of Administrative Costs Worksheet. School District Name: Peotone CUSD 207‐U REPORTING OF PUBLIC VENDOR CONTRACTS OF $1,000 OR MORE (School Districts Only) In accordance with the School Code, Section 10‐20.21, all school districts are required to file a report listing ‘vendor contracts’ as an attachment to their budget. In this context, the term "vendor contracts" refers to "all contracts and agreements that pertain to goods and services that were intended to generate additional revenue and other remunerations for theschool district in excess of $1,000, including without limitation vending machine contracts, sports and other attire, class rings, and photographic services. The report is to list information regarding such contracts for the fiscal year immediately preceding the fiscal year of the budget. All such contracts executed on or after July 1, 2007 must be approved by the school board.

Assumptions Used in the Deficit Reduction Plan. EBF and Estimated New Tier Funding: ‐ - Equal Assessed Valuation and Tax Rates: ‐ - Employee Salaries and Benefits: ‐ - Short and Long Term Borrowing: ‐ - Educational Impact: ‐ - Other Assumptions: ‐ - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance) If yes please explain: ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS (School Districts Only) (For Local Use Only) This is an estimated Limitation of Administrative Costs Worksheet only and will not be accepted for Official Submission of the Limitation of Administrative Costs Worksheet. The worksheet is intended for use during the budgeting process to estimate the district's percent increase of FY2022 budgeted expenditures over FY2021 actual expenditures. Budget information is copied to this page. Insert the prior year estimated actual expenditures to compute the estimated percentage increase (decrease). The official Limitation of Administrative Costs Worksheet is attached to the end of the Annual Financial Report (ISBE Form 50‐3550-35) and may be submitted in conjunction with that report. An official Limitation of Administrative Costs Worksheet can also be found on the ISBE website at: Limitation of Administrative Costs ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS WORKSHEET (Section 17‐1.5 17-1.5 of the School Code) School District Name: Peotone CUSD 207‐U Freeburg CCSD #70 RCDT Number: 56099207U26 50-082-0700-04 Description Funct. No. Estimated Actual Expenditures, Fiscal Year 2021 Budgeted Expenditures, Fiscal Year 2022

Assumptions Used in the Deficit Reduction Plan. EBF and Estimated New Tier Funding: ‐ - Equal Assessed Valuation and Tax Rates: ‐ - Employee Salaries and Benefits: ‐ - Short and Long Term Borrowing: ‐ - Educational Impact: ‐ - Other Assumptions: ‐ - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance) If yes please explain: ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS (School Districts Only) (For Local Use Only) This is an estimated Limitation of Administrative Costs Worksheet only and will not be accepted for Official Submission of the Limitation of Administrative Costs Worksheet. The worksheet is intended for use during the budgeting process to estimate the district's percent increase of FY2022 budgeted expenditures over FY2021 actual expenditures. Budget information is copied to this page. Insert the prior year estimated actual expenditures to compute the estimated percentage increase (decrease). The official Limitation of Administrative Costs Worksheet is attached to the end of the Annual Financial Report (ISBE Form 50‐3550-35) and may be submitted in conjunction with that report. An official Limitation of Administrative Costs Worksheet can also be found on the ISBE website at: Limitation of Administrative Costs ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS WORKSHEET (Section 17‐1.5 17-1.5 of the School Code) School District Name: Peotone CUSD 207‐U Wheeling School District 21 RCDT Number: 56099207U26 05-016-0210-04 Description Funct. No. Estimated Actual Expenditures, Fiscal Year 2021 Budgeted Expenditures, Fiscal Year 2022