PDE FINAL GENERAL FUND BUDGET Fiscal Year 07/01/ /30/2011

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1 LEA Name : Oxford Area SD Class : 3 AUN Number : County : Chester PDE FINAL GENERAL FUND BUDGET Fiscal Year 07/01/ /30/2011 General Fund Budget Approval Date of Adoption of the General Fund Budget : 5/17/2010 t of the d - Ori inal Si Secretary of the Board a "=- ~ ~ ure Required Chie School Admi is Original Signature Required Charles L. Lewis Jr. Contact Person (610) Telephone Extension c lewis@oxford. kl2.pa.u s Address Return to : Pennsylvania Department of Education Bureau of Budget and Fiscal Management Division of Subsidy Data and Administration 333 Market Street Harrisburg, PA /11/ :13 :46 AM

2 ESTIMATED REVENUES AND OTHER FINANCING SOURCES : BUDGET SUMMARY AUN : Oxford Area SD Page A-1 Printed 5/17/ :55 :52 AM v2.0 ITEM AMOUNTS Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year 1 Estimated Reserve for Encumbrances - Start of Year 0 2 Estimated Unreserved Fund Balance - Start of Year 8,453, Total Estimated Beginning Unreserved Fund Balance Available 8,453,466 for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year Estimated Revenues And Other Financing Sources 6000 Revenue from Local Sources 34,565, Revenue from State Sources 20,664, Revenue from Federal Sources 452, Other Financing Sources 0 Total Estimated Revenues And Other Financing Sources 55,683,020 Total Estimated Fund Balance, Revenues, and Other Financing 64,136,486 Sources Available for Appropriation

3 AUN : Oxford Area SD Printed 5/17/ :55 :53 AM v2.0 ESTIMATED REVENUES AND OTHER FINANCING SOURCES : DETAIL Page B-1 FUNCTION DESCRIPTION Amounts REVENUE FROM LOCAL SOURCES 6111 Current Real Estate Taxes 29,928, Interim Real Estate Taxes 250, Public Utility Realty Tax 40, Payments in Lieu of Current Taxes - State / Local Reimbursement Payments in Lieu of Current Taxes - Federal Reimbursement Per Capita Taxes, Section Taxpayer Relief Taxes - Proportional Assessments Current Act 511 Taxes - Flat Rate Assessments Current Act 511 Taxes - Proportional Assessments 2,378, Delinquencies on Taxes Levied / Assessed by LEA 1,000, Earnings on Investments 195, Revenues from District Activities 164, Revenue from Intermediary Sources / Pass-Through Funds 400, Rentals 110, Contributions and Donations From Private Sources / Capital Contributions Tuition from Patrons Services Provided Other Local Governmental Units / LEAs Services Provided Other Funds Revenue From Community Service Activities Refunds and Other Miscellaneous Revenue 100,000 REVENUE FROM LOCAL SOURCES 34,565, 6 6 3

4 AUN : Oxford Area SD Printed 5/17/ :55 :53 AM v2.0 ESTIMATED REVENUES AND OTHER FINANCING SOURCES : DETAIL Page B-2 FUNCTION DESCRIPTION Amounts REVENUE FROM STATE SOURCES 7110 Basic Education Funding (Gross) 11,241, Charter Schools 1,471, Tuition for Orphans and Children Placed in Private Homes 50, School Improvement Grants Staff and Program Development Vocational Education Alternative Education Driver Education - Student Migratory Children Workforce Investment Act Special Education Funding for School Aged Pupils 1,532, Early Intervention Adult Literacy Educational Assistance Program (Tutoring) 104, Pre-K Counts Other Program Subsidies Not Listed in 7200 Series Transportation (Regular and Additional) 1,549, Rental and Sinking Fund Payments / Building Reimbursement Subsidy 981, Health Services (Medical, Dental, Nurse, Act 25) 76, State Property Tax Reduction Allocation 1,588, Sewage Treatment Operations / Environmental Subsidies Safe Schools Vocational Training of the Unemployed PA Accountability Grants 505, Dual Enrollment Grants Project 720 / High School Reform Other State Revenue Not Listed in the 7500 Series State Share of Social Security and Medicare Taxes 753, State Share of Retirement Contributions 810, Revenue for Technology 0 REVENUE FROM STATE SOURCES 20, 6 64,888

5 ESTIMATED REVENUES AND OTHER FINANCING SOURCES : DETAIL AUN : Oxford Area SD Page B-3 Printed 5/17/ :55 :54 AM v2.0 FUNCTION DESCRIPTION Amounts REVENUE FROM FEDERAL SOURCES 8110 Payments for Federally Impacted Areas - P.L Other Unrestricted Grants-in-Aid Direct from Federal Government Unrestricted Grants-in-Aid from Federal Gov't Through Commonwealth Payments for Federally Impacted Areas - P.L Energy Conservation Grants - TA and ECM Other Restricted Grants-in-Aid Directly from Federal Government Grants for IDEA and NCLB Programs not Specified in 8510 series IDEA, Part B IDEA, Section NCLB, Title I - Improving the Acad. Achvmnt. of the Disadvantaged 452, NCLB, Title II - Prep., Train. & Recruit. High Qual. Teachers & Principals NCLB, Title III - Language Instr. for LEP and Immgrant Students NCLB, Title IV - 21st Century Schools NCLB, Title V - Promotg. Informed Parental Choice & Innov. Programs NCLB, Title VI - Flexibility and Accountability Vocational Education - Operating Expenditures Vocational Education - Capital Outlay Nutrition Education and Training Federal Block Grants Child Care and Development Block Grants Homeless Assistance Act Adult Basic Education Headstart Workforce Investment Act Other Restricted Federal Grants-in-Aid Through the Commonwealth ARRA - IDEA, Part B ARRA - IDEA, Section ARRA - Title I, Part A & D ARRA - Title I, School Improvement ARRA - Title II, Part D Education Technology ARRA - McKinney-Vento Homeless ARRA - National School Lunch Program Equipment ARRA - State Fiscal Stabilization Fund ARRA - Head Start ARRA - Build America Bonds ARRA - Miscellaneous School-Based Access Medicaid Reimbursement Program (SBAP) (ACCESS) Medical Assistance Reimbursement For Administrative Claiming (Quarterly) 0 REVENUE FROM FEDERAL SOURCES 452,469

6 AUN : Oxford Area SD Printed 5/17/ :55 :54 AM v2.0 ESTIMATED REVENUES AND OTHER FINANCING SOURCES : DETAIL Page B-4 FUNCTION DESCRIPTION Amounts OTHER FINANCING SOURCES 9100 Sale of Bonds Proceeds From Extended Term Financing Special Revenue Fund Transfers Capital Projects Fund Transfers Debt Service Fund Transfers Enterprise Fund Transfers Internal Service Fund Transfers Trust and Agency Fund Transfers Activity Fund Transfers Sale or Compensation for Loss of Fixed Assets Transfers from Component Units Other Financing Sources Not Listed in the 9000 Series 0 OTHER FINANCING SOURCES 0 TOTAL ESTIMATED REVENUES AND OTHER SOURCES 55,683,020

7 AUN : Oxford Area SD Printed 5/17/ :55 :55 AM v2.0 Index (current) : 3.9% Calculation Method : Rate Real Estate Tax Rate (RETR) Report for Multi-County Rebalancing Based on Methodology of Section of School Code Page C-1 Approx. Tax Revenue from RE Taxes : Amount of Tax Relief for Homestead Exclusions + Approx. Tax Revenue for Tax Rate Calculation : $29,928,576 $1,588,431 $31,517,007 Chester Total Calculations I. a. Assessed Value $1,117,191,393 $1,117,191,393 b. Real Estate Mills Calculations c STEB Market Value $1,461,312,400 $1,461,312,400 d. Assessed Value $1,111,084,636 $1,111,084,636 e. Assessed Value of New Constr/ Renov $0 $0 Estimated Percent Collection % Calculations f Tax Levy $33,010,660 $33,010,660 (a * b) Il. Ill Calculations g. Percent of Total Market Value % % h. Rebalanced Tax Levy $33,010,660 $33,010,660 (f Total * g) i. Base Mills Subject to Index (h / a * 1000) if no reassessment (h / (d-e) * 1000) if reassessment Calculation of Tax Rates and Levies Generated j. Weighted Avg. Collection Percentage % k. Tax Levy Needed $32,899,915 $32,899,915 (Approx. Revenue * g / j) I Real Estate Mills (k / d * 1000) m. Tax Levy Generated by Mills $32,830,218 $32,830,218 (I / 1000 * d) n. Tax Levy minus Tax Relief for Homestead Exclusions $31,241,787 (m - Amount of Tax Relief for Homestead Exclusions) o. Net Tax Revenue Generated By Mills $29,928,576 (n * Est. Pct. Collection)

8 AUN : Oxford Area SD Printed 5/17/ :55 :55 AM v2.0 Index (current): 3.9% Calculation Method : Rate Real Estate Tax Rate (RETR) Report for Multi-County Rebalancing Based on Methodology of Section of School Code Page C-2 Approx. Tax Revenue from RE Taxes : Amount of Tax Relief for Homestead Exclusions + Approx. Tax Revenue for Tax Rate Calculation : $29,928,576 $1,588,431 $31,517,007 Chester Total Index Maximums p. Maximum Mills Based On Index (i * (1 + Index)) q. Mills In Excess of Index if (I > p), (I - p) r. Maximum Tax Levy Based On Index $34,110,521 $34,110,521 IV. (p / 1000) * d) s. Millage Rate within Index? (If I > p Then No) t. Tax Levy In Excess of Index if (m > r), (m - r) Yes $0 $0 u. Tax Revenue In Excess of Index $0 $0 (t * Est. Pct. Collection) V. Information Related to Property Tax Relief Assessed Value Exclusion per Homestead $9,518 Number of Homestead/Farmstead Properties 5,673 Median Assessed Value of Homestead Properties 5,673 $136,060 State Property Tax Reduction Allocation used for : Homestead Exclusions Prior Year State Property Tax Reduction Allocation used for : Homestead Exclusions Amount of Tax Relief from State/Local Sources $1,588,431 Lowering RE Tax Rate $0 $1,588,431 $0 $0 $1,588,431

9 AUN : Oxford Area SD Printed 5/17/ :55 :56 AM v2.0 CODE LOCAL EDUCATION AGENCY TAX DATA (TAXD) REAL ESTATE, PER CAPITA (SEC. 679), EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511) 6111 Current Real Estate Taxes Amount of Tax Relief for Tax Levy Minus Homestead Net Tax Revenue County Name Taxable Assessed Value Real Estate Mills Tax Levy Generated by Mills Homestead Exclusions Exclusions Percent Collected Generated By Mills Chester 1,111,084, ,830, % Page D % % Totals : 0 1,111,084, ,830,218 1,588,431 31,241, % % 29, 928, 576 Rate Estimated Revenue 6120 Per Capita Taxes, Section Current Act 511 Taxes - Flat Rate Assessments Rate Add'I Rate (if appl.) Tax Levy Estimated Revenue 6141 Per Capita Taxes, Act 511 $0.00 $ Occupation Taxes - Flat Rate $0.00 $ Local Services / Occupational Privilege Taxes $0.00 $ Trailer Taxes $0.00 $ Business Privilege Taxes - Flat Rate $0.00 $ Mechanical Device Taxes - Flat Rate $0.00 $ Other Flat Rate Assessments $0.00 $ Total Current Act 511 Taxes - Flat Rate Assessments Current Act 511 Taxes - Proportional Assessments Rate Add'I Rate (if appl.) Tax Levy Estimated Revenue 6151 Earned Income Taxes, Act % 0.00% 2,050,057 2,050, Occupation Taxes - Proportional Rate Real Estate Transfer Taxes 0.50% 0.00% 328, , Amusement Taxes 0.00% 0.00% Business Privilege Taxes - Proportional Rate Mechanical Device Taxes - Percentage 0.00% 0.00% Mercantile Taxes Other Proportional Assessments Total Current Act 511 Taxes - Proportional Assessments 2,378,057 2,378,057 Total Act 511, Current Taxes Act 511 Tax Limit 1,461,312,400 X 12 17,535,749 Market Value Mills (511 Limit)

10 AUN : Oxford Area SD Printed 5/17/ :55 :59 AM v2.0 Tax Function Description Tax Rate Charged in : (Rebalanced) Percent Change in Rate Less than or equal to Index Index Comparison of Tax Rate Changes to Index (CTRI) Additional Tax Rate (Rebalanced) Charged in : vs Percent Change in Rate Page E-1 Less than or equal to Index 6111 Current Real Estate Taxes Chester County % Yes 3.9% 6120 Per Capita Taxes, Section 679 Act 1 EIT/PIT Earned Income Taxes, Act 1 Personal Income Taxes, Act 1 Act 511 Flat Rate Taxes Per Capita Taxes, Act 511 Occupation Taxes - Flat Rate Local Services / Occupational Privilege Tax Trailer Taxes Business Privilege Taxes - Flat Rate 6146 Mechanical Device Taxes - Flat Rate 6149 Other Flat Rate Assessments Act 511 Proportional Rate Taxes 6151 Earned Income Taxes, Act % 0.500% 0.00% Yes 3.9% 0.50% 0.00% % Yes 6152 Occupation Taxes - Proportional Rate 6153 Real Estate Transfer Taxes 0.500% 0.500% 0.00% Yes 3.9% 0.50% 0.00% % Yes 6154 Amusement Taxes 6155 Business Privilege Taxes - Proportional Rat 6156 Mechanical Device Taxes - Percentage 6157 Mercantile Taxes 6159 Other Proportional Assessments

11 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : BUDGET SUMMARY AUN : Oxford Area SD Page F-1 Printed 5/17/ :56 :02 AM v ITEM Instruction 1100 Regular Programs - Elementary/Secondary 21,662, Special Programs - Elementary/Secondary 9,402, Vocational Education 1,083, Other Instructional Programs - Elementary/Secondary 163, Nonpublic School Programs Adult Education Programs Higher Education Programs Pre-Kindergarten 0 Total 1000 Instruction 32,312, Support Services 2100 Support Services - Pupil Personnel 1,226, Support Services - Instructional Staff 1,225, Support Services - Administration 2,828, Support Services - Pupil Health 562, Support Services - Business 581, Operation & Maintenance of Plant Services 4,777, Student Transportation Services 3,333, Support Services - Central 970, Other Support Services 22,000 Total 2000 Support Services 15,528, Operation of Non-instructional Services 3100 Food Services Student Activities 894, Community Services 20, Scholarships and Awards 0 Total 3000 Operation of Non-instructional Services 914, Facilities Acquisition, Construction and Improvement Services 4000 Facilities Acquisition, Construction and Improvement Services 0 Total 4000 Facilities Acquisition, Construction and Improvement 0 Total Estimated Expenditures 48,755, Other Expenditures and Financing Uses 5100 Debt Service 6,880, Interfund Transfers - Out 166, Transfers Involving Component Units Budgetary Reserve 100,000 AMOUNTS Total Other Financing Uses 7,147,361 Total Estimated Expenditures and Other Financing Uses 55,903,020 Appropriation of Prior Year Encumbrances 0 Total Appropriations 55,903,020 Ending Unreserved Fund Balance 8,233,466

12 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : BUDGET SUMMARY AUN : Oxford Area SD Page F-2 Printed 5/17/ :56 :02 AM v2.0 ITEM AMOUNTS Total Appropriations and Ending Fund Balances 64,136,486

13 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : DETAIL AUN : Oxford Area SD Page G-1 Printed 5/17/ :56 :02 AM v2.0 Function-Obiect Description Amounts 1000 INSTRUCTION 1100 Regular Programs - Elementary/Secondary 100 Personnel Services-Salaries 11,146, Personnel Services-Employee Benefits 5,473, Purchased Professional & Technical Services 432, Purchased Property Services 101, Other Purchased Services 3,858, Supplies 560, Property 73, Other Objects 16,284 Total Regular Programs - Elementary/Secondary 21,662, Special Programs - Elementary/Secondary 100 Personnel Services-Salaries 2,597, Personnel Services-Employee Benefits 1,174, Purchased Professional & Technical Services 3,020, Purchased Property Services 4, Other Purchased Services 2,563, Supplies 35, Property 3, Other Objects 2,450 Total Special Programs - Elementary/Secondary 9,402, Vocational Education 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services 1,083, Supplies Property Other Objects 0 Total Vocational Education 1,083, Other Instructional Programs - Elementary/Secondary 100 Personnel Services-Salaries 138, Personnel Services-Employee Benefits 21, Purchased Property Services Other Purchased Services Supplies 3, Property Other Objects 0 Total Other Instructional Programs - Elementary/Secondary 163,770

14 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : DETAIL AUN : Oxford Area SD Page G-2 Printed 5/17/ :56 :03 AM v2.0 Function-Object Description Amounts 1500 Nonpublic School Programs Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services Supplies Property Other Objects 0 Total Nonpublic School Programs Adult Education Programs 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services Supplies Property Other Objects 0 Total Adult Education Programs Higher Education Programs 500 Other Purchased Services Supplies 0 Total Higher Education Programs Pre-Kindergarten 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services Supplies Property Other Objects 0 Total Pre-Kindergarten Total Instruction 32,312,572

15 AUN : Oxford Area SD Printed 5/17/ :56 :03 AM v2.0 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : DETAIL Page G-3 Function-Object Description Amounts 2000 SUPPORT SERVICES 2100 Support Services - Pupil Personnel 100 Personnel Services-Salaries 794, Personnel Services-Employee Benefits 393, Purchased Property Services Other Purchased Services 26, Supplies 8, Property Other Objects 2,435 Total Support Services - Pupil Personnel 1,226, Support Services - Instructional Staff 100 Personnel Services-Salaries 726, Personnel Services-Employee Benefits 341, Purchased Professional & Technical Services 28, Purchased Property Services 5, Other Purchased Services 13, Supplies 84, Property 22, Other Objects 2,895 Total Support Services - Instructional Staff 1,225, Support Services - Administration 100 Personnel Services-Salaries 1,734, Personnel Services-Employee Benefits 753, Purchased Professional & Technical Services 142, Purchased Property Services 33, Other Purchased Services 122, Supplies 18, Property 1, Other Objects 22,375 Total Support Services - Administration 2,828, Support Services - Pupil Health 100 Personnel Services-Salaries 338, Personnel Services-Employee Benefits 204, Purchased Professional & Technical Services 4, Purchased Property Services Other Purchased Services 4, Supplies 6, Property 3, Other Objects 545 Total Support Services - Pupil Health 562,384

16 AUN : Oxford Area SD Printed 5/17/ :56 :03 AM v2.0 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : DETAIL Page G-4 Function-Object Description Amounts 2500 Support Services - Business 100 Personnel Services-Salaries 374, Personnel Services-Employee Benefits 162, Purchased Property Services 7, Other Purchased Services 20, Supplies 9, Property 4, Other Objects 2,100 Total Support Services - Business 581, Operation & Maintenance of Plant Services 100 Personnel Services-Salaries 791, Personnel Services-Employee Benefits 575, Purchased Professional & Technical Services 527, Purchased Property Services 847, Other Purchased Services 175, Supplies 1,840, Property 20, Other Objects 500 Total Operation & Maintenance of Plant Services 4,777, Student Transportation Services 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services 6, Other Purchased Services 2,895, Supplies 421, Property 10, Other Objects 300 Total Student Transportation Services 3,333, Support Services - Central 100 Personnel Services-Salaries 432, Personnel Services-Employee Benefits 213, Purchased Professional & Technical Services 47, Purchased Property Services 16, Other Purchased Services 49, Supplies 161, Property 49, Other Objects 900 Total Support Services - Central 970,880

17 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : DETAIL AUN : Oxford Area SD Page G-5 Printed 5/17/ :56 :03 AM v2.0 Function-Obiect Description Amounts 2900 Other Support Services 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services 22, Supplies Property Other Objects 0 Total Other Support Services 22,000 Total Support Services 15,528, OPERATION OF NON-INSTRUCTIONAL SERVICES 3100 Food Services 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services Supplies Property Other Objects 0 Total Food Services 3200 Student Activities 100 Personnel Services-Salaries 434, Personnel Services-Employee Benefits 102, Purchased Professional & Technical Services 58, Purchased Property Services 21, Other Purchased Services 154, Supplies 32, Property 44, Other Objects 47,550 Total Student Activities 894,925

18 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : DETAIL AUN : Oxford Area SD Page G-6 Printed 5/17/ :56 :03 AM v2.0 Function-Obiect Description Amounts 3300 Community Services 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services 20, Supplies Property Other Objects 0 Total Community Services 20, Scholarships and Awards 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services Supplies Property Other Objects 0 Total Scholarships and Awards Total Operation of Non-instructional Services 914, FACILITIES ACQUISITION, CONSTRUCTION AND IMPROVEMENT 4000 Facilities Acquisition, Construction and Improvement Services 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Property Services Other Purchased Services Supplies Property 0 Total Facilities Acquisition, Construction and Improvement Services OTHER EXPENDITURES AND FINANCING USES 5100 Debt Service 800 Other Objects 3,780, Other Uses of Funds 3,100,000 Total Debt Service 6,880, Interfund Transfers - Out 900 Other Uses of Funds 166,805 Total Interfund Transfers - Out 166,805

19 ESTIMATED EXPENDITURES AND OTHER FINANCING USES : DETAIL AUN : Oxford Area SD Page G-7 Printed 5/17/ :56 :03 AM v2.0 Function-Obiect Description Amounts 5300 Transfers Involving Component Units 900 Other Uses of Funds 0 Total Transfers Involving Component Units Budgetary Reserve 800 Other Objects 100,000 Total Budgetary Reserve 100,000 Total Other Expenditures and Financing Uses 7,147,361 TOTAL EXPENDITURES 55,903,020

20 AUN : Oxford Area SD Printed 5/17/ :56 :04 AM v2.0 06/30/2010 Estimate 06/30/2011 Projection CASH AND SHORT-TERM INVESTMENTS General Fund 8,000,000 10,000,000 Special Revenue Funds : Section 690 Capital Reserve Fund 0 0 Section 1431 Capital Reserve Fund 4,000,000 3,500,000 Athletic Fund 0 0 Other Special Revenue Funds 0 0 Capital Project Fund 1,000, ,000 Debt Service Fund 0 0 Enterprise Funds : Cafeteria Fund 500, ,000 Other Enterprise Funds 0 0 Internal Service Fund 0 0 Trust Fund 0 0 Agency Fund 55,000 55,000 SCHEDULE OF CASH AND INVESTMENTS (CAIN) Page H-1 Total Cash and Short-Term Investments 13,555,000 14,555,000 LONG-TERM INVESTMENTS General Fund 0 0 Special Revenue Funds : Section 690 Capital Reserve Fund 0 0 Section 1431 Capital Reserve Fund 0 0 Athletic Fund 0 0 Other Special Revenue Funds 0 0 Capital Project Fund 0 0 Debt Service Fund 0 0 Enterprise Funds : Cafeteria Fund 0 0 Other Enterprise Funds 0 0 Internal Service Fund 0 0 Trust Fund 0 0 Agency Fund 0 0 Total Long-Term Investments 0 0 TOTAL CASH AND INVESTMENTS 13,555,000 14,555,000

21 AUN : Oxford Area SD Printed 5/17/ :56 :04 AM v2.0 SCHEDULE OF INDEBTEDNESS (DEBT) Page 1-1 LONG-TERM INDEBTEDNESS 06/30/2010 Estimate 06/30/2011 Projection Authority Lease Obligations 0 0 Extended Term Financing Agreements Payable 0 0 Bonds Payable 82,165,000 79,065,000 Accumulated Compensated Absences 350, ,000 Other Long-Term Liabilities 245, ,000 Lease-Purchase Obligations 450, ,000 TOTAL LONG-TERM INDEBTEDNESS SHORT-TERM PAYABLES 83,210,000 80,115,000 Other Funds 200, ,000 General Fund 3,000,000 3,000,000 TOTAL SHORT-TERM PAYABLES 3,200,000 3,200,000 TOTAL INDEBTEDNESS 86,410,000 83,315,000

22 AUN : Oxford Area SD Printed 5/17/ :56 :05 AM v2.0 Account Description Amounts 0770 Ending Fund Balance - Unreserved Explanation : 7% of budgeted expenses and rate stablization accounts for unanticipated expenditures Estimated Ending Unreserved Designated Fund Balance Explanation : Rate Stabilization accounts for Unanticipated Medical Claims, Employer Retirement Contribution Increases and Utility Rate Increases. 4,320, Estimated Ending Unreserved Undesignated Fund Balance 3,913,211 Explanation : Less than 7% of budgeted expenses. Ending Fund Balance - Unreserved 8,233, Budgetary Reserve Explanation : Less than.25% of budgeted expenditures, to cover unpredictable changes in the cost of goods and services. 100,000 TOTAL ESTIMATED ENDING UNRESERVED FUND BALANCE AND BUDGETARY RESERVE 8,333, Estimated Ending Reserved and Designated Unreserved Fund Balances 0 not scheduled for liquidation this year. (These amounts are not included on the Budget Summary of Estimated Revenues and Other Financing Uses.)

PDE FINAL GENERAL FUND BUDGET Fiscal Year 07/01/ /30/2015

PDE FINAL GENERAL FUND BUDGET Fiscal Year 07/01/ /30/2015 LEA Name: Methacton SD Class: 3 AUN Number: 123465303 County: Montgomery PDE-2028 - FINAL GENERAL FUND BUDGET Fiscal Year 07/01/2014-06/30/2015 General Fund Budget Approval Date of Adoption of the General