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1 Due to ROE on October 15th ILLINOIS STATE BOARD OF EDUCATION Due to ISBE on November 15th School Business Services Division SD/JA North First Street, Springfield, Illinois / X School District Illinois School District/Joint Agreement Joint Agreement Annual Financial Report * June 30, 2014 Accounting Basis: School District/Joint Agreement Information (See instructions on inside of this page.) X CASH School District/Joint Agreement Number: ACCRUAL Name of Auditing Firm: EDER, CASELLA & CO. County Name: LAKE Name of School District/Joint Agreement: Name of Audit Manager: SHELLY DERCOLE Address: Certified Public Accountant Information KILDEER COUNTRYSIDE CONSOLIDATED SCHOOL DISTRICT NO WEST ELM STREET, SUITE 203 Address: Filing Status: City: State: Zip Code: 1050 IVY HALL LANE Submit electronic AFR directly to ISBE MCHENRY IL City: Phone Number: Fax Number: BUFFALO GROVE Click on the Link to Submit: Address: Send ISBE a File IL. License Number: Expiration Date: jhitcho@kcsd96.org /1/17 Zip Code: 0 Address: CPAS@EDERCASELLA.COM Annual Financial Report Type of Auditor's Report Issued: A-133 Single Audit Status: Qualified Unqualified X YES NO Are Federal expenditures greater than $500,000? Adverse X YES NO Is all A-133 Single Audit Information completed and attached? Disclaimer YES X NO Were any financial statement or federal awards findings issued? ISBE Use Only Reviewed by District Superintendent/Administrator Reviewed by Township Treasurer (Cook County only) Reviewed by Regional Superintendent/Cook ISC Name of Township: District Superintendent/Administrator Name (Type or Print): Township Treasurer Name (type or print) RegionalSuperintendent/Cook ISC Name (Type or Print): Address: Address: Address: Telephone: Fax Number: Telephone: Fax Number: Telephone: Fax Number: Signature & Date: Signature & Date: Signature & Date: * This form is based on 23 Illinois Administrative Code 100, Subtitle A, Chapter I, Subchapter C (Part 100). This form is based on 23 Illinois Administrative Code, Subtitle A, Chapter I, Subchapter C, Part 100. In some instances, use of open account codes (cells) may not be authorized by statute or administrative ISBE Form SD50-35/JA50-60 (05/14) rule. Each school district or joint agreement is responsible for obtaining the concurring legal opinion and/or other s upporting authorization/documentation, as necessary, to use the applicable account code (cell).

2 TABLE OF CONTENTS TAB Name AFR Page No. Auditor's Questionnaire Aud Quest 2 Comments Applicable to the Auditor's Questionnaire Aud Quest 2 Financial Profile Information.... FP Info 3 Estimated Financial Profile Summary... Financial Profile 4 Basic Financial Statements Statement of Assets and Liabilities Arising from Cash Transactions/Statement of Position... Assets-Liab 5-6 Statement of Revenues Received/Revenues, Expenditures Disbursed/Expenditures, Other Sources (Uses) and Changes in Fund Balances (All Funds) Acct Summary 7-8 Statements of Revenues Received/Revenues (All Funds)... Revenues 9-14 Statements of Expenditures Disbursed/Expenditures Budget to Actual (All Funds)... Expenditures Supplementary Schedules Federal Stimulus - American Recovery and Reinvestment Act (ARRA) Schedule. ARRA Sched 23 Schedule of Ad Valorem Tax Receipts.. Tax Sched 24 Schedule of Short-Term Debt/Long-Term Debt... Short-Term Long-Term Debt 25 Schedule of Restricted Local Tax Levies and Selected Revenue Sources/ federal Stimulus - American Recovery and Reinvestment Act (ARRA) Schedule. Rest Tax Levies-Tort Im 26 Statistical Section Schedule of Capital Outlay and Depreciation... Cap Outlay Deprec 27 Estimated Operating Expenditures Per Pupil and Per Capita Tuition Charge Computation PCTC-OEPP Estimated Indirect Cost Rate for Federal Programs (Section I, Section II)... ICR Computation 30 Report on Shared Services or Outsourcing... Shared Outsourced Serv. 31 Administrative Cost Worksheet.... AC 32 Itemization Schedule... ITEMIZATION 33 Reference Page... REF 34 Notes, Opinion Letters, etc Opinion-Notes 35 Deficit Reduction Calculation Deficit AFR Sum Calc 36 Audit Checklist/Balancing Schedule... AUDITCHECK - A-133 Single Audit Section Annual Federal Compliance Report... A-133 Cover - CAP INSTRUCTIONS/REQUIREMENTS: For School Districts/Joint Agreements All School Districts/Joint Agreements must complete this form (Note: joint agreement supplementary/statistical schedules may not be applicable) Round all amounts to the nearest dollar. Do not enter cents. (Exception: 9 Month ADA on page 28, line 78) This form complies with Part 100 (Requirements for Accounting, Budgeting, Financial Reporting, and Auditing). 23, Illinois Administrative Code 100, Subtitle A, Chapter I, Subchapter C (Part 100) Any errors left unresolved by the Audit Checklist/Balancing Schedule must be explained in the itemization page. Submit AFR Electronically * The Annual Financial Reports (AFR) must be submitted directly through the Attachment Manager to the AFR Group by the Auditor or School District designated personnel (Please see Instructions for complete submission procedures). Attachment Manager Link Note: CD/Disk no longer accepted. * AFR supporting documentation must be embedded as Microsoft Word (.doc), Word Perfect (*.wpd) or Adobe (*.pdf) and inserted within tab "Opinions & Notes". These documents include: The Audit, Management letter, Opinion letters, Compliance letters, Financial notes etc. For embedding instructions see "Opinions & Notes" tab of this form. Note: Adobe Acrobat (*.pdf) files cannot be embedded if you do not have the software. Simply attach files as separate docs in the Attachment Manager and they will be embedded for you.

3 Submit Paper Copy of AFR with Signatures 1) The auditor must send three paper copies of the AFR form (cover through page 8 at minimum) to the School District with the auditor signature. Note: School Districts and Regional Superintendents may prefer a complete paper copy in lieu of an electronic file. Please comply with their requests as neccessary. 2) Upon receipt, the School District retains one copy for their records, signs, and forwards the remaining two copies to the Regional Superintendent's office no later than October 15, annually. 3) Upon receipt, the Regional Superintendent's office retains one copy for their records, signs, and forwards the remaining paper copy to ISBE no later than November 15, annually. * Yellow Book, CPE, and Peer Review requirements must be met if the Auditor issues an opinion stating "Governmental Auditing Standards" were utilized. Single Audit Act A-133 Qualifications of Auditing Firm * School District/Joint Agreement entities must verify the qualifications of the auditing firm by requesting the most current peer review report and the corresponding acceptance letter from the approved peer review program, for the current peer review period. * A school district/joint agreement who engages with an auditing firm who is not licensed and qualified will be required to complete a new audit by a qualified auditing firm at the school district's/joint agreement's expense.

4 AUDITOR'S QUESTIONNAIRE INSTRUCTIONS: If your review and testing of State, Local, and Federal Programs revealed any of the following statements to be true, then check the box on the left, and attach the appropriate findings/comments. PART A - FINDINGS 1. One or more school board members, administrators, certified school business officials, or other qualifying district employees failed to file economic interest statements pursuant to the Illinois Government Ethics Act. [5 ILCS 420/4A-101] 2. One or more custodians of funds failed to comply with the bonding requirements pursuant to Sections 8-2, or 19-6 of the School Code. [105 ILCS 5/8-2; ; 19-6] 3. One or more contracts were executed or purchases made contrary to the provisions of Section of the School Code. [105 ILCS 5/ ] 4. One or more violations of the Public Funds Deposit Act or the Public Funds Investment Act were noted. [30 ILCS 225/1 et. seq. and 30 ILCS 235/1 et. seq.] 5. Restricted funds were commingled in the accounting records or used for other than the purpose for which they were restricted. 6. One or more short-term loans or short-term debt instruments were executed in non-conformity with the applicable authorizing statute or without statutory authority. 7. One or more long-term loans or long-term debt instruments were executed in non-conformity with the applicable authorizing statute or without statutory authority. 8. Corporate Personal Property Replacement Tax monies were deposited and/or used without first satisfying the lien imposed pursuant to the State Revenue Sharing Act. [30 ILCS 115/12] 9. One or more interfund loans were made in non-conformity with the applicable authorizing statute or without statutory authorization. 10. One or more interfund loans were outstanding beyond the term provided by statute. 11. One or more permanent transfers were made in non-conformity with the applicable authorizing statute/regulation or without statutory/regulatory authorization. 12. Substantial, or systematic misclassification of budgetary items such as, but not limited to, revenues, receipts, expenditures, disbursements or expenses were observed. 13. The Chart of Accounts used to define and control budget and accounting records does not conform to the minimum requirements imposed by ISBE rules pursuant to Sections and of the School Code. [105 ILCS 5/2-3.27; ] PART B - FINANCIAL DIFFICULTIES/CERTIFICATION Criteria pursuant to Section 1A-8 of the School Code [105 ILCS 5/1A-8] 14. The district has issued tax anticipation warrants or tax anticipation notes in anticipation of a second year's taxes when warrants or notes in anticipation of current year taxes are still outstanding, as authorized by Sections or thru of the School Code. [105 ILCS 5/17-16 or thru 34-27] 15. The district has issued short-term debt against two future revenue sources, such as, but not limited to, tax anticipation warrants and General State Aid certificates or tax anticipation warrants and revenue anticipation notes. 16. The district has issued school or teacher orders for wages as permitted in Sections 8-16, and of the School Code or issued funding bonds for this purpose pursuant to Section 19-8 of the School Code. [105 ILCS 5/8-6, , 34-76, and 19-8] 17. The district has for two consecutive years shown an excess of expenditures/other uses over revenues/other sources and beginning fund balances on its annual financial report for the aggregate totals of the Educational, Operations & Maintenance, Transportation, and Working Cash Funds. PART C - OTHER ISSUES 18. Student Activity Funds, Imprest Funds, or other funds maintained by the district were excluded from the audit. 19. Findings, other than those listed in Part A (above), were reported (e.g. student activity fund findings). 20. Federal Stimulus Funds were not maintained and expended in accordance with the American Recovery and Reinvestment Act (ARRA) of If checked, an explanation must be provided. X 21. Check this box if the district is subject to the Property Tax Extension Limitation Law. Effective Date: 1/1/91 If the type of Auditor Report designated on the cover page is other than an unqualified opinion and is due to reason(s) other than solely Cash Basis 22. Accounting, please check and explain the reason(s) in the box below.

5 PART D - EXPLANATION OF ACCOUNTING PRACTICES FOR LATE MANDATED CATEGORICAL PAYMENTS (For School Districts who report on an Accrual/Modified Accrual Accounting Basis only) School districts that report on the accrual/modified accrual basis of accounting must identify where late mandated categorical payments (Acct Codes 3100, 3105, 3110, 3500, and 3510) are recorded. Depending on the accounting procedure these amounts will be used to adjust the Direct Receipts/Revenues in calculation 1 and 2 of the Financial Profile Score. In FY2014, identify those late payments recorded as Intergovermental Receivables, Other Recievables, or Deferred Revenue & Other Current Liabilities or Direct Receipts/Revenue. Payments should only be listed once. 23. Enter the date that the district used to accrue mandated categorical payments Date: 24. For the listed mandated categorical (Revenue Code (3110, 3500, 3510, 3100, 3105) that were vouchered prior to June 30th, but not released until after year end as reported in ISBE FRIS system, enter the amounts that were accrued in the chart below. Deferred Revenues (490) Account Name Total Mandated Categoricals Payments (3110, 3500, 3510, 3100, 3105) Direct Receipts/Revenue Mandated Categoricals Payments (3110, 3500, 3510, 3100, 3105) 0 Total 0 * Revenue Code (3110-Sp Ed Personnel, 3510-Sp Ed Transportation, 3500-Regular/Vocational Transportation, 3105-Sp Ed Funding for Children Requiring Services,3100-Sp Ed Private Facilities) PART E - QUALIFICATIONS OF AUDITING FIRM * School District/Joint Agreement entities must verify the qualifications of the auditing firm by requesting the most current peer review report and the corresponding acceptance letter from the approved peer review program for the current peer review. * A school district/joint agreement who engages with an auditing firm who is not licensed and qualified will be required to complete a new audit by a qualified auditing firm at the school district's/joint agreement's expense. Comments Applicable to the Auditor's Questionnaire: Eder, Casella & Co. Name of Audit Firm (print) The undersigned affirms that this audit was conducted by a qualified auditing firm and in accordance with the applicable standards [23 Illinois Administrative Code Part 100] and the scope of the audit conformed to the requirements of subsection (a) or (b) of 23 Illinois Administrative Code Part 100 Section 110, as applicable. Signature 9/16/14 mm/dd/yyyy

6 FINANCIAL PROFILE INFORMATION Required to be completed for School Districts only. A. Tax Rates (Enter the tax rate - ex:.0150 for $1.50) Tax Year 2013 Equalized Assessed Valuation (EAV): 1,129,467,772 Operations & Educational Transportation Combined Total Working Cash Maintenance Rate(s): = B. Results of Operations * Receipts/Revenues Disbursements/ Expenditures Excess/ (Deficiency) Fund Balance 49,732,469 41,976,816 7,755,653 89,024,254 * The numbers shown are the sum of entries on Pages 7 & 8, lines 8, 17, 20, and 81 for the Educational, Operations & Maintenance, Transportation and Working Cash Funds. C. Short-Term Debt ** CPPRT Notes TAWs TANs TO/EMP. Orders GSA Certificates Other Total 0 = 0 ** The numbers shown are the sum of entries on page 25. D. Long-Term Debt Check the applicable box for long-term debt allowance by type of district. X a. 6.9% for elementary and high school districts, 77,933,276 b. 13.8% for unit districts. Long-Term Debt Outstanding: c. Long-Term Debt (Principal only) Acct Outstanding: ,970,000 E. Material Impact on Financial Position If applicable, check any of the following items that may have a material impact on the entity's financial position during future reporting periods. Attach sheets as needed explaining each item checked. Pending Litigation Material Decrease in EAV Material Increase/Decrease in Enrollment Adverse Arbitration Ruling Passage of Referendum

7 Taxes Filed Under Protest Decisions By Local Board of Review or Illinois Property Tax Appeal Board (PTAB) Other Ongoing Concerns (Describe & Itemize) Comments:

8 ESTIMATED FINANCIAL PROFILE SUMMARY (Go to the following website for reference to the Financial Profile) District Name: KILDEER COUNTRYSIDE CONSOLIDATED SCHOOL DISTRICT NO. 96 District Code: County Name: LAKE 1. Fund Balance to Revenue Ratio: Total Ratio Score 4 Total Sum of Fund Balance (P8, Cells C81, D81, F81 & I81) Funds 10, 20, 40, 70 + (50 & 80 if negative) 89,024, Weight 0.35 Total Sum of Direct Revenues (P7, Cell C8, D8, F8 & I8) Funds 10, 20, 40, & 70, 49,732, Value 1.40 Less: Operating Debt Pledged to Other Funds (P8, Cell C54 thru D74) Minus Funds 10 & (Excluding C:D57, C:D61, C:D65, C:D69 and C:D73) 2. Expenditures to Revenue Ratio: Total Ratio Score 4 Total Sum of Direct Expenditures (P7, Cell C17, D17, F17, I17) Funds 10, 20 & 40 41,976, Adjustment 0 Total Sum of Direct Revenues (P7, Cell C8, D8, F8, & I8) Funds 10, 20, 40 & 70, 49,732, Weight 0.35 Less: Operating Debt Pledged to Other Funds (P8, Cell C54 thru D74) Minus Funds 10 & (Excluding C:D57, C:D61, C:D65, C:D69 and C:D73) 0 Value 1.40 Possible Adjustment: 3. Days Cash on Hand: Total Days Score 4 Total Sum of Cash & Investments (P5, Cell C4, D4, F4, I4 & C5, D5, F5 & I5) Funds 10, & 70 89,160, Weight 0.10 Total Sum of Direct Expenditures (P7, Cell C17, D17, F17 & I17) Funds 10, 20, 40 divided by , Value Percent of Short-Term Borrowing Maximum Remaining: Total Percent Score 4 Tax Anticipation Warrants Borrowed (P25, Cell F6-7 & F11) Funds 10, 20 & Weight 0.10 EAV x 85% x Combined Tax Rates (P3, Cell J7 and J10) (.85 x EAV) x Sum of Combined Tax Rates 35,915, Value Percent of Long-Term Debt Margin Remaining: Total Percent Score 4 Long-Term Debt Outstanding (P3, Cell H37) 1,970, Weight 0.10 Total Long-Term Debt Allowed (P3, Cell H31) 77,933, Value 0.40 Total Profile Score: 4.00 * Estimated 2015 Financial Profile Designation: RECOGNITION * Total Profile Score may change based on data provided on the Financial Profile Information, page 3 and by the timing of mandated categorical payments. Final score will be calculated by ISBE.

9 ASSETS Acct. # (10) (20) (30) (40) (50) (60) (70) (80) (90) Account Groups Educational Operations & Maintenance Debt Services Transportation Municipal Retirement/Social Security Capital Projects Working Cash Tort Fire Prevention & Safety Agency Fund General Fixed Assets General Long- Term Debt CURRENT ASSETS (100) Cash (Accounts 111 through 115) 1 48,378,527 9,665, ,236 2,706,727 1,332,681 2,936,242 2,836,817 3, ,293 Investments ,132,447 4,973, ,234, , ,100 2,232, Taxes Receivable Interfund Receivables Intergovernmental Accounts Receivable Other Receivables Inventory Prepaid Items Other Current Assets (Describe & Itemize) Total Current Assets 63,510,974 14,639, ,236 5,941,427 1,581,981 3,184,342 5,069,091 3, ,293 CAPITAL ASSETS (200) Works of Art & Historical Treasures 210 Land 220 3,195,710 Building & Building Improvements ,367,472 Site Improvements & Infrastructure 240 3,629,908 Capitalized Equipment 250 1,220,550 Construction in Progress ,748 Amount Available in Debt Service Funds ,236 Amount to be Provided for Payment on Long-Term Debt 350 2,042,591 Total Capital Assets 67,602,388 2,709,827 CURRENT LIABILITIES (400) Interfund Payables Intergovernmental Accounts Payable Other Payables , Contracts Payable Loans Payable Salaries & Benefits Payable Payroll Deductions & Withholdings ,947 (55) Deferred Revenues & Other Current Liabilities Due to Activity Fund Organizations ,293 Total Current Liabilities 136,761 (55) ,293 LONG-TERM LIABILITIES (500) Long-Term Debt Payable (General Obligation, Revenue, Other) 511 2,709,827

10 (10) (20) (30) (40) (50) (60) (70) (80) (90) Description Acct # Educational Operations & Maintenance Debt Services Transportation Municipal Retirement/ Social Security Capital Projects Working Cash Tort Fire Prevention & Safety RECEIPTS/REVENUES Local Sources ,292,130 5,326, ,301 1,661,253 1,754, ,654 29, ,364 0 Flow-Through Receipts/Revenues from One District to 2000 Another District State Sources ,812, , ,722, Federal Sources , Total Direct Receipts/Revenues 40,853,311 5,465, ,301 3,383,878 1,754, ,654 29, ,364 0 Receipts/Revenues for "On Behalf" Payments ,106, Total Receipts/Revenues 48,959,735 5,465, ,301 3,383,878 1,754, ,654 29, ,364 0 DISBURSEMENTS/EXPENDITURES Instruction ,038, ,325 Support Services ,598,067 4,809,530 3,225, ,454 1,632, ,370 0 Community Services , Payments to Other Districts & Govermental Units , , Debt Service ,025, Total Direct Disbursements/Expenditures 33,942,251 4,809,530 1,025,577 3,225,035 1,680,334 1,632, ,370 0 Disbursements/Expenditures for "On Behalf" Payments ,106, Total Disbursements/Expenditures 42,048,675 4,809,530 1,025,577 3,225,035 1,680,334 1,632, ,370 0 Excess of Direct Receipts/Revenues Over (Under) Direct Disbursements/Expenditures 3 6,911, ,304 (836,276) 158,843 74,296 (1,270,082) 29,446 (7,006) 0 OTHER SOURCES/USES OF FUNDS OTHER SOURCES OF FUNDS (7000) PERMANENT TRANSFER FROM VARIOUS FUNDS Abolishment of the Working Cash Fund Abatement of the Working Cash Fund Transfer of Working Cash Fund Interest , Transfer Among Funds Transfer of Interest Transfer from Capital Project Fund to O&M Fund Transfer of Excess Fire Prevention & Safety Tax and Interest Proceeds to 7160 O&M Fund 4 0 Transfer to Excess Fire Prevention & Safety Bond and Interest Proceeds to Debt Service Fund SALE OF BONDS (7200) Principal on Bonds Sold Premium on Bonds Sold Accrued Interest on Bonds Sold Sale or Compensation for Fixed Assets , Transfer to Debt Service to Pay Principal on Capital Leases Transfer to Debt Service to Pay Interest on Capital Leases Transfer to Debt Service to Pay Principal on Revenue Bonds Transfer to Debt Service Fund to Pay Interest on Revenue Bonds Transfer to Capital Projects Fund ISBE Loan Proceeds Other Sources Not Classified Elsewhere , Total Other Sources of Funds 0 35, , OTHER USES OF FUNDS (8000) PERMANENT TRANSFER TO VARIOUS OTHER FUNDS (8100) Abolishment or Abatement of the Working Cash Fund Transfer of Working Cash Fund Interest ,446 Transfer Among Funds Transfer of Interest Transfer from Capital Project Fund to O&M Fund Transfer of Excess Fire Prevention & Safety Tax & Interest Proceeds to O&M Fund

11 Transfer of Excess Fire Prevention & Safety Bond and Interest Proceeds to Debt Service Fund Taxes Pledged to Pay Principal on Capital Leases Grants/Reimbursements Pledged to Pay Principal on Capital Leases Other Revenues Pledged to Pay Principal on Capital Leases Fund Balance Transfers Pledged to Pay Principal on Capital Leases Taxes Pledged to Pay Interest on Capital Leases Grants/Reimbursements Pledged to Pay Interest on Capital Leases Other Revenues Pledged to Pay Interest on Capital Leases Fund Balance Transfers Pledged to Pay Interest on Capital Leases Taxes Pledged to Pay Principal on Revenue Bonds Grants/Reimbursements Pledged to Pay Principal on Revenue Bonds Other Revenues Pledged to Pay Principal on Revenue Bonds Fund Balance Transfers Pledged to Pay Principal on Revenue Bonds Taxes Pledged to Pay Interest on Revenue Bonds Grants/Reimbursements Pledged to Pay Interest on Revenue Bonds Other Revenues Pledged to Pay Interest on Revenue Bonds Fund Balance Transfers Pledged to Pay Interest on Revenue Bonds Taxes Transferred to Pay for Capital Projects Grants/Reimbursements Pledged to Pay for Capital Projects Other Revenues Pledged to Pay for Capital Projects Fund Balance Transfers Pledged to Pay for Capital Projects Transfer to Debt Service Fund to Pay Principal on ISBE Loans Other Uses Not Classified Elsewhere , , Total Other Uses of Funds 120, , , Total Other Sources/Uses of Funds (120,610) (543,941) 699, (29,446) 0 0 Excess of Receipts/Revenues and Other Sources of Funds (Over/Under) Expenditures/Disbursements and Other Uses of Funds 6,790, ,363 (136,479) 158,843 74,296 (1,270,082) 0 (7,006) 0 Fund Balances - July 1, ,583,763 14,527, ,715 5,782,584 1,507,685 4,454,424 5,069,091 10, Other Changes in Fund Balances - Increases (Decreases) (Describe & Itemize) Fund Balances - June 30, ,374,213 14,639, ,236 5,941,427 1,581,981 3,184,342 5,069,091 3,

12 Description RECEIPTS/REVENUES FROM LOCAL SOURCES (1000) Acct # (10) (20) (30) (40) (50) (60) (70) (80) (90) Municipal Operations & Fire Prevention Educational Debt Services Transportation Retirement/ Capital Projects Working Cash Tort Maintenance & Safety Social Security AD VALOREM TAXES LEVIED BY LOCAL EDUCATION AGENCY Designated Purposes Levies ( ) 7 35,250,164 5,047, ,871 1,614, , ,642 0 Leasing Purposes Levy Special Education Purposes Levy , FICA/Medicare Only Purposes Levies ,210 Area Vocational Construction Purposes Levy Summer School Purposes Levy Other Tax Levies (Describe & Itemize) , Total Ad Valorem Taxes Levied By District 35,763,490 5,047, ,871 1,614,875 1,706, ,642 0 PAYMENTS IN LIEU OF TAXES TUITION Mobile Home Privilege Tax Payments from Local Housing Authorities Corporate Personal Property Replacement Taxes , , Other Payments in Lieu of Taxes (Describe & Itemize) Total Payments in Lieu of Taxes 109, , Regular - Tuition from Pupils or Parents (In State) Regular - Tuition from Other Districts (In State) Regular - Tuition from Other Sources (In State) Regular - Tuition from Other Sources (Out of State) Summer Sch - Tuition from Pupils or Parents (In State) ,400 Summer Sch - Tuition from Other Districts (In State) Summer Sch - Tuition from Other Sources (In State) Summer Sch - Tuition from Other Sources (Out of State) CTE - Tuition from Pupils or Parents (In State) CTE - Tuition from Other Districts (In State) CTE - Tuition from Other Sources (In State) CTE - Tuition from Other Sources (Out of State) Special Ed - Tuition from Pupils or Parents (In State) Special Ed - Tuition from Other Districts (In State) ,416 Special Ed - Tuition from Other Sources (In State) Special Ed - Tuition from Other Sources (Out of State) Adult - Tuition from Pupils or Parents (In State) Adult - Tuition from Other Districts (In State) Adult - Tuition from Other Sources (In State) Adult - Tuition from Other Sources (Out of State) Total Tuition 153,816 TRANSPORTATION FEES Regular -Transp Fees from Pupils or Parents (In State) ,507 Regular - Transp Fees from Other Districts (In State) Regular - Transp Fees from Other Sources (In State) Regular - Transp Fees from Co-curricular Activities (In State) Regular Transp Fees from Other Sources (Out of State) Summer Sch - Transp. Fees from Pupils or Parents (In State) Summer Sch - Transp. Fees from Other Districts (In State) Summer Sch - Transp. Fees from Other Sources (In State) Summer Sch - Transp. Fees from Other Sources (Out of State) CTE - Transp Fees from Pupils or Parents (In State) CTE - Transp Fees from Other Districts (In State) CTE - Transp Fees from Other Sources (In State) CTE - Transp Fees from Other Sources (Out of State) Special Ed - Transp Fees from Pupils or Parents (In State) Special Ed - Transp Fees from Other Districts (In State)

13 Special Ed - Transp Fees from Other Sources (In State) Special Ed - Transp Fees from Other Sources (Out of State) Adult - Transp Fees from Pupils or Parents (In State) Adult - Transp Fees from Other Districts (In State) Adult - Transp Fees from Other Sources (In State) Adult - Transp Fees from Other Sources (Out of State) Total Transportation Fees 28,507 EARNINGS ON INVESTMENTS Interest on Investments ,888 29, ,871 2,984 10,058 29, Gain or Loss on Sale of Investments Total Earnings on Investments 123,888 29, ,871 2,984 10,058 29, FOOD SERVICE Sales to Pupils - Lunch ,231 Sales to Pupils - Breakfast Sales to Pupils - A la Carte Sales to Pupils - Other (Describe & Itemize) Sales to Adults Other Food Service (Describe & Itemize) Total Food Service 680,231 DISTRICT/SCHOOL ACTIVITY INCOME Admissions - Athletic Admissions - Other (Describe & Itemize) Fees ,228 0 Book Store Sales Other District/School Activity Revenue (Describe & Itemize) ,782 0 Total District/School Activity Income 310,010 0 TEXTBO INCOME Rentals - Regular Textbooks Rentals - Summer School Textbooks Rentals - Adult/Continuing Education Textbooks Rentals - Other (Describe & Itemize) Sales - Regular Textbooks Sales - Summer School Textbooks Sales - Adult/Continuing Education Textbooks Sales - Other (Describe & Itemize) Other (Describe & Itemize) Total Textbook Income 0 OTHER REVENUE FROM LOCAL SOURCES Rentals ,767 Contributions and Donations from Private Sources , Impact Fees from Municipal or County Governments , Services Provided Other Districts , Refund of Prior Years' Expenditures ,205 1, Payments of Surplus Moneys from TIF Districts Drivers' Education Fees Proceeds from Vendors' Contracts School Facility Occupation Tax Proceeds Payment from Other Districts Sale of Vocational Projects Other Local Fees (Describe & Itemize) , Other Local Revenues (Describe & Itemize) ,237 88, Total Other Revenue from Local Sources 150, , , Total Receipts/Revenues from Local Sources ,292,130 5,326, ,301 1,661,253 1,754, ,654 29, ,364 0 FLOW-THROUGH RECEIPTS/REVENUES FROM ONE DISTRICT TO ANOTHER DISTRICT (2000) Flow-through Revenue from State Sources Flow-through Revenue from Federal Sources

14 Other Flow-Through (Describe & Itemize) Total Flow-Through Receipts/Revenues from One District to Another 2000 District RECEIPTS/REVENUES FROM STATE SOURCES (3000) UNRESTRICTED GRANTS-IN-AID General State Aid- Sec , General State Aid - Hold Harmless/Supplemental Reorganization Incentives (Accounts ) Other Unrestricted Grants-In-Aid from State Sources 3099 (Describe & Itemize) Total Unrestricted Grants-In-Aid 958, RESTRICTED GRANTS-IN-AID SPECIAL EDUCATION Special Education - Private Facility Tuition ,257 0 Special Education - Extraordinary ,998 0 Special Education - Personnel , Special Education - Orphanage - Individual Special Education - Orphanage - Summer Special Education - Summer School ,255 0 Special Education - Other (Describe & Itemize) Total Special Education 1,745, CAREER AND TECHNICAL EDUCATION (CTE) CTE - Technical Education - Tech Prep CTE - Secondary Program Improvement (CTEI) CTE - WECEP CTE - Agriculture Education CTE - Instructor Practicum CTE - Student Organizations CTE - Other (Describe & Itemize) Total Career and Technical Education BILINGUAL EDUCATION Bilingual Ed - Downstate - TPI and TBE ,751 0 Bilingual Education Downstate - Transitional Bilingual Education Total Bilingual Ed 103,751 0 State Free Lunch & Breakfast ,182 School Breakfast Initiative Driver Education Adult Ed (from ICCB) Adult Ed - Other (Describe & Itemize) TRANSPORTATION Transportation - Regular/Vocational ,680 0 Transportation - Special Education ,945 0 Transportation - Other (Describe & Itemize) Total Transportation 0 0 1,722,625 0 Learning Improvement - Change Grants Scientific Literacy Truant Alternative/Optional Education Early Childhood - Block Grant Reading Improvement Block Grant Reading Improvement Block Grant - Reading Recovery Continued Reading Improvement Block Grant Continued Reading Improvement Block Grant (2% Set Aside) Chicago General Education Block Grant Chicago Educational Services Block Grant School Safety & Educational Improvement Block Grant Technology - Learning Technology Centers

15 State Charter Schools Extended Learning Opportunities - Summer Bridges Infrastructure Improvements - Planning/Construction School Infrastructure - Maintenance Projects , Other Restricted Revenue from State Sources (Describe & Itemize) ,262 89, Total Restricted Grants-In-Aid 1,853, , ,722, Total Receipts from State Sources ,812, , ,722, RECEIPTS/REVENUES FROM FEDERAL SOURCES (4000) UNRESTRICTED GRANTS-IN-AID RECEIVED DIRECTLY FROM FEDERAL GOVT Federal Impact Aid Other Unrestricted Grants-In-Aid Received Directly from the Fed Govt 4009 (Describe & Itemize) Total Unrestricted Grants-In-Aid Received Directly from the Federal Govt RESTRICTED GRANTS-IN-AID RECEIVED DIRECTLY FROM FEDERAL GOVT Head Start Construction (Impact Aid) MAGNET Other Restricted Grants-In-Aid Received Directly from the Federal Govt 4090 (Describe & Itemize) Total Restricted Grants-In-Aid Received Directly from Federal Govt RESTRICTED GRANTS-IN-AID RECEIVED FROM FEDERAL GOVT THRU STATE TITLE V THE Title V - Innovation and Flexibility Formula Title V - District Projects Title V - Rural & Low Income Schools Title V - Other (Describe & Itemize) Total Title V FOOD SERVICE Breakfast Start-Up National School Lunch Program ,452 0 Special Milk Program School Breakfast Program ,729 0 Summer Food Service Admin/Program Child & Adult Care Food Program Fresh Fruits & Vegetables Food Service - Other (Describe & Itemize) Total Food Service 170,181 0 TITLE I Title I - Low Income , Title I - Low Income - Neglected, Private Title I - Comprehensive School Reform Title I - Reading First Title I - Even Start Title I - Reading First SEA Funds Title I - Migrant Education Title I - Other (Describe & Itemize) Total Title I 74, TITLE IV Title IV - Safe & Drug Free Schools - Formula Title IV - 21st Century Title IV - Other (Describe & Itemize) Total Title IV FEDERAL - SPECIAL EDUCATION Fed - Spec Education - Preschool Flow-Through ,

16 Fed - Spec Education - Preschool Discretionary Fed - Spec Education - IDEA - Flow Through/Low Incidence , Fed - Spec Education - IDEA - Room & Board Fed - Spec Education - IDEA - Discretionary Fed - Spec Education - IDEA - Other (Describe & Itemize) Total Federal - Special Education 302, CTE - PERKINS CTE - Perkins - Title IIIE - Tech Prep CTE - Other (Describe & Itemize) Total CTE - Perkins Federal - Adult Education ARRA - General State Aid - Education Stabilization ARRA - Title I - Low Income ARRA - Title I - Neglected, Private ARRA - Title I - Delinquent, Private ARRA - Title I - School Improvement (Part A) ARRA - Title I - School Improvement (Section 1003g) ARRA - IDEA - Part B - Preschool ARRA - IDEA - Part B - Flow-Through ARRA - Title IID - Technology-Formula ARRA - Title IID - Technology-Competitive ARRA - McKinney - Vento Homeless Education ARRA - Child Nutrition Equipment Assistance Impact Aid Formula Grants Impact Aid Competitive Grants Qualified Zone Academy Bond Tax Credits Qualified School Construction Bond Credits Build America Bond Tax Credits Build America Bond Interest Reimbursement ARRA - General State Aid - Other Govt Services Stabilization Other ARRA Funds - II Other ARRA Funds - III Other ARRA Funds - IV Other ARRA Funds - V ARRA - Early Childhood Other ARRA Funds VII Other ARRA Funds VIII Other ARRA Funds IX Other ARRA Funds X Other ARRA Funds XI Total Stimulus Programs Race to the Top Program Advanced Placement Fee/International Baccalaureate Emergency Immigrant Assistance Title III - English Language Acquisition , Learn & Serve America McKinney Education for Homeless Children Title II - Eisenhower Professional Development Formula Title II - Teacher Quality , Federal Charter Schools Medicaid Matching Funds - Administrative Outreach , Medicaid Matching Funds - Fee-for-Service Program , Other Restricted Revenue from Federal Sources (Describe & Itemize) Total Restricted Grants-In-Aid Received from the Federal Govt Thru the State 749, Total Receipts/Revenues from Federal Sources , Total Direct Receipts/Revenues 40,853,311 5,465, ,301 3,383,878 1,754, ,654 29, ,364 0

17 (100) (200) (300) (400) (500) (600) (700) (800) (900) Description Funct # Salaries Employee Benefits Purchased Services Supplies & Materials Capital Outlay Other Objects Non-Capitalized Equipment Termination Benefits Total Budget 10 - EDUCATIONAL FUND (ED) INSTRUCTION (ED) Regular Programs ,185,395 1,223,143 98, , , ,876,887 16,572,284 Tuition Payment to Charter Schools Pre-K Programs Special Education Programs (Functions ) ,491, , ,295 81, , ,424,032 3,530,469 Special Education Programs Pre-K ,240 5, , , ,488 Remedial and Supplemental Programs K ,814 2, , ,306 0 Remedial and Supplemental Programs Pre-K Adult/Continuing Education Programs CTE Programs Interscholastic Programs ,629 2,996 11,858 3, , , ,029 Summer School Programs ,598 1, , , ,462 89,132 Gifted Programs ,941 19, , ,612 Driver's Education Programs Bilingual Programs ,107 85,145 85,541 24, , ,708 Truant Alternative & Optional Programs Pre-K Programs - Private Tuition Regular K-12 Programs - Private Tuition Special Education Programs K-12 - Private Tuition , , ,000 Special Education Programs Pre-K - Tuition Remedial/Supplemental Programs K-12 - Private Tuition Remedial/Supplemental Programs Pre-K - Private Tuition Adult/Continuing Education Programs - Private Tuition CTE Programs - Private Tuition Interscholastic Programs - Private Tuition Summer School Programs - Private Tuition Gifted Programs - Private Tuition Bilingual Programs - Private Tuition Truants Alternative/Optional Ed Progms - Private Tuition Total Instruction ,400,814 1,773, , , ,998 47, ,038,514 22,944,722 SUPPORT SERVICES (ED) SUPPORT SERVICES - PUPILS Attendance & Social Work Services ,102 39, , , ,527 Guidance Services ,035 9, , ,457 Health Services ,854 39,735 27,000 7, , ,914 Psychological Services ,157 22, , , ,681 Speech Pathology & Audiology Services ,031 43,720 5,817 7, , ,498 Other Support Services - Pupils (Describe & Itemize) ,522 13, , ,171 Total Support Services - Pupils ,363, ,522 33,338 26, ,590,733 2,690,248 SUPPORT SERVICES - INSTRUCTIONAL STAFF Improvement of Instruction Services ,070,050 75, , , ,478 55, ,881,867 1,963,016 Educational Media Services , ,905 59,783 Assessment & Testing , ,300 20,000 Total Support Services - Instructional Staff ,070,050 75, , , ,478 55, ,959,072 2,042,799 SUPPORT SERVICES - GENERAL ADMINISTRATION Board of Education Services ,017, ,394 13, , ,212,977 2,558,230 Executive Administration Services ,652 56,351 28,565 9, ,854 10, , ,115 Special Area Administration Services ,148 11,238 12,751 9, , , ,246 Tort Immunity Services ,000

18 Total Support Services - General Administration ,800 1,085, ,710 32, ,996 18, ,943,588 3,471,591 SUPPORT SERVICES - SCHOOL ADMINISTRATION Office of the Principal Services ,571, ,357 13,880 21, , ,882,694 1,964,182 Other Support Services - School Admin (Describe & Itemize) Total Support Services - School Administration ,571, ,357 13,880 21, , ,882,694 1,964,182 SUPPORT SERVICES - BUSINESS Direction of Business Support Services ,342 32,011 6,872 1, , , ,066 Fiscal Services ,633 38, ,513 4, , , ,532 Operation & Maintenance of Plant Services Pupil Transportation Services Food Services , , , ,500 Internal Services Total Support Services - Business ,975 70, , , ,634 3, ,531,994 1,600,098 SUPPORT SERVICES - CENTRAL Direction of Central Support Services Planning, Research, Development, & Evaluation Services Information Services ,394 9,975 29, , ,962 Staff Services ,546 32,256 34,254 12,611 6,843 1,308 2, , ,761 Data Processing Services ,470 26, , ,003 6, , ,159,987 1,221,745 Total Support Services - Central ,410 68, , ,917 12,942 2, , ,689,986 1,754,468 Other Support Services (Describe & Itemize) Total Support Services ,763,003 1,741,480 1,085,053 1,639,680 12,942 40, , ,598,067 13,523,386 COMMUNITY SERVICES (ED) , ,039 17,981 PAYMENTS TO OTHER DISTRICTS & GOVT UNITS (ED) PAYMENTS TO OTHER GOVT UNITS (IN-STATE) Payments for Regular Programs Payments for Special Education Programs Payments for Adult/Continuing Education Programs Payments for CTE Programs Payments for Community College Programs Other Payments to In-State Govt. Units (Describe & Itemize) ,833 40,819 46,652 35,400 Total Payments to Dist & Other Govt Units (In-State) ,833 40,819 46,652 35,400 Payments for Regular Programs - Tuition Payments for Special Education Programs - Tuition , , ,000 Payments for Adult/Continuing Education Programs - Tuition Payments for CTE Programs - Tuition Payments for Community College Programs - Tuition Payments for Other Programs - Tuition Other Payments to In-State Govt Units Total Payments to Other District & Govt Units -Tuition (In State) , , ,000 Payments for Regular Programs - Transfers Payments for Special Education Programs - Transfers Payments for Adult/Continuing Ed Programs - Transfers Payments for CTE Programs - Transfers Payments for Community College Program - Transfers Payments for Other Programs - Transfers Other Payments to In-State Govt Units - Transfers Total Payments to Other District & Govt Units - Transfers (In-State)

19 Payments to Other Dist & Govt Units (Out-of-State) Total Payments to Other District & Govt Units , , , ,400 DEBT SERVICES (ED) DEBT SERVICES - INTEREST ON SHORT-TERM DEBT Tax Anticipation Warrants Tax Anticipation Notes Corporate Personal Prop. Repl. Tax Anticipation Notes State Aid Anticipation Certificates Other Interest on Short-Term Debt Total Interest on Short-Term Debt Debt Services - Interest on Long-Term Debt Total Debt Services PROVISIONS FOR CONTINGENCIES (ED) Total Direct Disbursements/Expenditures 25,168,878 3,515,679 1,688,121 2,093,617 12,942 1,100, , ,942,251 37,171,489 Excess (Deficiency) of Receipts/Revenues Over Disbursements/Expenditures 6,911, OPERATIONS & MAINTENANCE FUND (O&M) SUPPORT SERVICES (O&M) SUPPORT SERVICES - PUPILS Other Support Services - Pupils (Describe & Itemize) 2190 SUPPORT SERVICES - BUSINESS Direction of Business Support Services Facilities Acquisition & Construction Services Operation & Maintenance of Plant Services ,202, ,721 1,514, , ,148 7,153 11, ,809,530 4,989,900 Pupil Transportation Services Food Services Total Support Services - Business ,202, ,721 1,514, , ,148 7,153 11, ,809,530 4,989,900 Other Support Services (Describe & Itemize) Total Support Services ,202, ,721 1,514, , ,148 7,153 11, ,809,530 4,989,900 COMMUNITY SERVICES (O&M) PAYMENTS TO OTHER DIST & GOVT UNITS (O&M) PAYMENTS TO OTHER GOVT UNITS (IN-STATE) Payments for Special Education Programs Payments for CTE Programs Other Payments to In-State Govt. Units (Describe & Itemize) Total Payments to Other Govt. Units (In-State) Payments to Other Govt. Units (Out of State) Total Payments to Other Dist & Govt Units DEBT SERVICES (O&M) 5000 DEBT SERVICES - INTEREST ON SHORT-TERM DEBT Tax Anticipation Warrants Tax Anticipation Notes Corporate Personal Prop. Repl. Tax Anticipation Notes State Aid Anticipation Certificates Other Interest on Short-Term Debt (Describe & Itemize) Total Debt Service - Interest on Short-Term Debt DEBT SERVICE - INTERST ON LONG-TERM DEBT Total Debt Services

20 PROVISIONS FOR CONTINGENCIES (O&M) Total Direct Disbursements/Expenditures 1,202, ,721 1,514, , ,148 7,153 11, ,809,530 4,989,900 Excess (Deficiency) of Receipts/Revenues/Over Disbursements/ Expenditures 656, DEBT SERVICES (DS) PAYMENTS TO OTHER DIST & GOVT UNITS (DS) DEBT SERVICES (DS) 5000 DEBT SERVICES - INTEREST ON SHORT-TERM DEBT Tax Anticipation Warrants Tax Anticipation Notes Corporate Personal Prop. Repl. Tax Anticipation Notes State Aid Anticipation Certificates Other Interest on Short-Term Debt (Describe & Itemize) Total Debt Services - Interest On Short-Term Debt DEBT SERVICES - INTEREST ON LONG-TERM DEBT , , ,764 DEBT SERVICES - PAYMENTS OF PRINCIPAL ON LONG- TERM DEBT (Lease/Purchase Principal Retired) DEBT SERVICES - OTHER (Describe & Itemize) , , , ,950 3,950 7,000 Total Debt Services ,025,577 1,025,577 1,028,636 PROVISION FOR CONTINGENCIES (DS) Total Disbursements/ Expenditures 0 1,025,577 1,025,577 1,028,636 Excess (Deficiency) of Receipts/Revenues Over Disbursements/Expenditures (836,276) 40 - TRANSPORTATION FUND (TR) SUPPORT SERVICES (TR) SUPPORT SERVICES - PUPILS Other Support Services - Pupils (Describe & Itemize) SUPPORT SERVICES - BUSINESS Pupil Transportation Services ,173 9,130 2,987, , ,225,035 3,449,702 Other Support Services (Describe & Itemize) Total Support Services ,173 9,130 2,987, , ,225,035 3,449,702 COMMUNITY SERVICES (TR) PAYMENTS TO OTHER DIST & GOVT UNITS (TR) PAYMENTS TO OTHER GOVT UNITS (IN-STATE) Payments for Regular Programs Payments for Special Education Programs Payments for Adult/Continuing Education Programs Payments for CTE Programs Payments for Community College Programs Other Payments to In-State Govt. Units 4190 (Describe & Itemize) Total Payments to Other Govt. Units (In-State) PAYMENTS TO OTHER GOVT UNITS (OUT-OF-STATE) Total Payments to Other Dist & Govt Units DEBT SERVICES (TR) DEBT SERVICE - INTEREST ON SHORT-TERM DEBT Tax Anticipation Warrants Tax Anticipation Notes