THE SCHOOL BOARD OF BREVARD COUNTY, FLORIDA FINANCIAL STATEMENTS FOR THE PERIOD ENDING APRIL 30, 2017

Transcription

1 FINANCIAL STATEMENTS FOR THE PERIOD ENDING APRIL 30, 2017

2 TABLE OF CONTENTS PAGE ALL GOVERNMENTAL FUND TYPES Combined Balance Sheet 1-2 ALL PROPRIETARY FUND TYPES Combined Balance Sheet 3-4 GENERAL OPERATING FUND Statement of Revenues, Expenditures and Changes in Fund Balance 5-12 Statement of Expenditures by Function and Changes in Fund Balance SPECIAL REVENUE-OTHER FUND Statement of Revenues, Expenditures and Changes in Fund Balances Statement of Expenditures by Function and Changes in Fund Balances SPECIAL REVENUE-FOOD SERVICES Statement of Revenues, Expenditures and Changes in Fund Balance DEBT SERVICE FUND Statement of Revenues, Expenditures and Changes in Fund Balances CAPITAL PROJECTS FUND Statement of Revenues, Expenditures and Changes in Fund Balances Statement of Expenditures by Project and Changes in Fund Balances CASUALTY INSURANCE TRUST FUND Statement of Revenues, Expenditures and Changes in Fund Balances MEDICAL INSURANCE TRUST FUND Statement of Revenues, Expenditures and Changes in Fund Balances BEFORE / AFTER CHILD CARE Statement of Revenues, Expenditures and Changes in Fund Balance APPENDIX A Budget Variances 40-43

3 COMBINED BALANCE SHEET ALL GOVERNMENTAL TYPES GOVERNMENTAL FUND TYPES SPECIAL DEBT CAPITAL GENERAL REVENUE SERVICE PROJECTS TOTAL ASSETS: Cash and cash equivalents... $ 31,151,372 $ 8,174,180 $ 1,260 $ 23,083,895 $ 62,410,707 Cash and investments with trustee ,973,482 12,392,102 16,365,584 Investments... 91,457, ,542, ,999,934 Total cash and investments... $ 122,608,813 $ 8,174,180 $ 3,974,742 $ 124,018,490 $ 258,776,225 Accounts and interest receivable... $ 142,332 $ 120 $ 0 $ 61,880 $ 204,332 Due from other agencies ,025, ,728,036 4,753,784 Inventory ,930 1,665, ,459,517 TOTAL ASSETS $ 123,545,075 $ 12,865,635 $ 3,974,742 $ 125,808,406 $ 266,193,858 Page 1

4 COMBINED BALANCE SHEET ALL GOVERNMENTAL TYPES GOVERNMENTAL FUND TYPES SPECIAL DEBT CAPITAL GENERAL REVENUE SERVICE PROJECTS TOTAL LIABILITIES: Accounts and contracts payable and accrued expenditures/expenses... $ 3,142,623 $ 205,559 $ 0 $ 54,217 $ 3,402,399 Accrued payroll... 2, ,401 Accrued payroll taxes and employee benefits... 6,932, ,932,911 Due to other agencies Unearned revenue , , ,080,341 TOTAL LIABILITIES $ 10,787,239 $ 577,201 $ 0 $ 54,421 $ 11,418,861 DEFERRED INFLOWS $ 0 $ 0 $ 0 $ 17,949 $ 17,949 FUND EQUITY: Nonspendable... $ 793,930 $ 1,665,586 $ 0 $ 0 $ 2,459,516 Restricted... 2,228,283 10,622,848 3,974, ,453, ,279,782 Assigned 89,518, ,282,127 92,800,201 Unassigned: School Board Contingency 19,880, ,880,369 Other , ,180 TOTAL FUND EQUITY $ 112,757,836 $ 12,288,434 $ 3,974,742 $ 125,736,036 $ 254,757,048 TOTAL LIABILITIES, DEFERRED INFLOWS, AND FUND EQUITY $ 123,545,075 $ 12,865,635 $ 3,974,742 $ 125,808,406 $ 266,193,858 Page 2

5 COMBINED BALANCE SHEET/NET POSITION ALL PROPRIETARY TYPES PROPRIETARY FUND TYPES INTERNAL / ENTERPRISE SERVICES CASUALTY MEDICAL SCHOOL AGE INSURANCE INSURANCE CHILD CARE TOTAL ASSETS: Cash and cash equivalents... $ 0 $ 10,190,499 $ 3,253,114 $ 13,443,613 Investments... 12,559,705 12,559, ,119,449 Total cash and investments... $ 12,559,705 $ 22,750,243 $ 3,253,114 $ 38,563,062 Accounts and interest receivable... 43,445 36, ,809 Fixed assets ,824 68,824 TOTAL ASSETS $ 12,603,150 $ 22,786,607 $ 3,321,938 $ 38,711,695 DEFERRED OUTFLOWS - PENSION $ 0 $ 0 $ 550,696 $ 550,696 TOTAL ASSETS AND DEFERRED OUTFLOWS $ 12,603,150 $ 22,786,607 $ 3,872,634 $ 39,262,391 Page 3

6 COMBINED BALANCE SHEET/NET POSITION ALL PROPRIETARY TYPES PROPRIETARY FUND TYPES INTERNAL / ENTERPRISE SERVICES CASUALTY MEDICAL SCHOOL AGE INSURANCE INSURANCE CHILD CARE TOTAL LIABILITIES: Accounts and contracts payable and accrued expenditures/expenses $ 4,770 $ 24,198 $ 10,365 $ 39,333 OPEB - Obligations , ,535 Estimated liability on insurance risks & pending claims 12,018,873 3,957, ,975,921 Liability for compensated absences , ,093 Pensions ,017,673 2,017,673 TOTAL LIABILITIES $ 12,023,643 $ 3,981,246 $ 2,641,666 $ 18,646,555 DEFERRED INFLOWS - PENSION $ 0 $ 0 $ 349,058 $ 349,058 TOTAL FUND BALANCE $ 579,507 $ 18,805,361 $ 881,910 $ 20,266,778 TOTAL LIABILITIES, DEFERRED INFLOWS, AND FUND BALANCE $ 12,603,150 $ 22,786,607 $ 3,872,634 $ 39,262,391 Page 4

7 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 REVENUES: FEDERAL SOURCES 3121 Impact Aid $ 694,794 $ 694,794 $ 403,202 $ 291, Medicaid Reimbursement 1,889,592 1,889,592 2,044,670 (155,078) TOTAL FEDERAL $ 2,584,386 $ 2,584,386 $ 2,447,872 $ 136,514 STATE SOURCES 3310 F.E.F.P. $ 251,377,699 $ 241,604,325 $ 202,770,298 $ 38,834, Work Force Development 3,809,489 3,809,489 3,174, , C.O. & D.S. 40,481 40, , Racing Commission 223, , , State License Tax 200, , ,067 10, Lottery Enhancement 0 1,237, ,237, Classroom Size Reduction 80,406,970 79,975,545 66,697,650 13,277, School Recognition 4,099,770 2,518,801 2,518, Voluntary PreK 2,450,000 2,450,000 1,546, , Pre-Kindergarten 261, , ,866 66, Charter School Capital Outlay 824, ,171 1,086,930 (181,759) 3399 Other Misc State Revenue 0 241,816 2,465,876 (2,224,060) TOTAL STATE $ 343,693,544 $ 333,468,163 $ 280,867,940 $ 52,600,223 Page 5

8 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 LOCAL SOURCES 341X Ad Valorem $ 186,313,559 $ 186,313,559 $ 179,725,882 $ 6,587, X Prior Period Adjusted Millage 206, , , Tuition ,172 (74,172) 3425 Rent 298, , ,510 (80,036) 343X Income / Investments 278, , ,560 (127,667) 346X Adult Student Fees 96,000 96,000 99,403 (3,403) 347X Other Student Fees 12,000 12,000 20,765 (8,765) 3494 Federal - Indirect 2,256,040 2,256,040 1,554, , Food Service - Indirect 710, , , X Additional Ad Valorem 1,406,635 1,406, ,406, X Miscellaneous Local 1,496,037 2,967,559 2,785, ,845 TOTAL LOCAL $ 193,074,582 $ 194,546,104 $ 185,045,727 $ 9,500,377 OTHER FINANCING SOURCES 363X Transfers from Capital Projects $ 4,665,687 $ 4,665,687 $ 0 $ 4,665, Transfers from Enterprise Fund 2,299,035 2,299, ,299, X Loss Recoverables ,781 (96,781) TOTAL OTHER $ 6,964,722 $ 6,964,722 $ 96,781 $ 6,867,941 TOTAL REVENUES $ 546,317,234 $ 537,563,375 $ 468,458,320 $ 69,105,055 Page 6

9 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/ Administrator - Base Pay $ 20,607,961 $ 20,694,693 $ 17,098,783 $ 3,595, Administrator - Extra Duty Pay 15,000 28, ,991 (350,035) 113 Administrator - Supplements 1,200 1,200 7,026 (5,826) 114 Administrator - Terminal Pay 930, , , , Administrator - Sick Leave BB ,907 (109,907) 116 Administrator - Bonus 0 71,178 71, Teacher - Base Pay 209,972, ,025, ,982,061 53,043, Teacher - Extra Duty Pay 2,556,617 2,202, ,919 1,580, Teacher - Supplements 4,453,486 4,805,876 2,009,352 2,796, Teacher - Terminal Pay 2,605,143 2,605,143 1,426,992 1,178, Teacher - Sick Leave BB 0 0 4,541 (4,541) 126 Teacher - Bonus 2,740,360 1,660,709 3,307,794 (1,647,085) 128 Teacher - Short Term Contract 0 39, ,489 (552,263) 131 Other Certified - Base Pay 22,120,954 22,500,779 17,130,775 5,370, Other Certified - Extra Duty Pay 298, , , , Other Certified - Supplements 333, , ,289 9, Other Certified - Terminal Pay ,527 (252,527) 136 Other Certified - Bonus 257, , ,163 (948) 138 Other Certified - Short Term Contract ,668 (13,668) 141 Substitute - Base Pay 2,914,258 3,969,769 3,040, , Substitute - Non Instructional Base Pay 347, , ,644 (72,341) 151 Aide - Base Pay 10,707,828 11,817,773 9,040,497 2,777, Aide - Extra Duty Pay 0 (1,288) 218,588 (219,876) 154 Aide - Terminal Pay ,289 (29,289) 155 Aide - Sick Leave BB ,598 (24,598) 156 Aide - Bonus 0 127, , Aide - Short Term Pay 0 15, ,392 (91,896) 161 Other Support - Base Pay 43,462,830 43,380,026 35,284,812 8,095, Other Support - Extra Duty Pay 676, ,561 1,213,985 (373,424) 164 Other Support - Terminal Pay 1,204,011 1,204, , , Other Support - Sick Leave BB ,562 (131,562) Page 7

10 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/ Other Support - Bonus 756, , ,154 (69,700) 168 Other Support - Short Term Pay 83, , ,117 (14,757) 171 Board & Attorney - Base Pay 196, , ,051 28, EAP - Base Pay 13,186,327 13,239,347 10,782,303 2,457, EAP - Extra Duty Pay ,930 (45,930) 183 EAP - Supplements ,638 (22,638) 184 EAP - Terminal Pay 273, , , , EAP - Sick Leave BB ,953 (48,953) 186 EAP - Bonus 0 35,307 35,917 (610) 1XX SALARIES TOTAL $ 340,702,137 $ 335,501,978 $ 256,035,467 $ 79,466, Retirement $ 27,022,121 $ 26,649,629 $ 20,325,670 $ 6,323, FICA 24,932,744 24,608,696 17,872,374 6,736, Life Insurance 240, , ,786 5, Hospitalization 41,682,052 41,622,655 32,492,139 9,130, Work. Comp. - General 1,650,881 1,600,508 1,282, , Work. Comp. - Bus Driver 394, , ,821 37, Work. Comp. - Maintenance 812, , , , Work. Comp. - Food Service 1, ,548 (3,548) 250 Unemployment 275, ,000 70, ,489 2XX FRINGE TOTAL $ 97,011,348 $ 96,199,274 $ 73,338,744 $ 22,860, Legal Services $ 282,903 $ 403,600 $ 326,800 $ 76, Professional / Technical 14,666,785 22,100,239 9,375,318 12,724, Charter Schools 36,709,791 31,170,932 31,072,504 98, Medical Tests 57, ,772 86,325 16, Reimburse Tuition and Books 100, ,000 67,535 32, Transportation Insurance 266, , , Property Insurance 4,752,053 4,787, ,275 4,526, Liability Insurance 816, ,810 10, , Fidelity Bond Insurance 10,355 10,364 10, Fleet Insurance 51,483 51, ,483 Page 8

11 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/ Drivers ED Insurance 8,959 8, , Travel - In County 185, ,133 97, , Travel - Out of County 283, , , , Travel - Out of State 45, ,059 65,521 53, Repair-Instructional 14,379 47,891 23,371 24, Repair-Non-Instructional 79, ,099 81,716 51, Mainframe Maintenance 186, ,827 82, , Specialized Services 1,483,549 1,729, ,599 1,126, Repair - General Maintenance 0 9,609 3,793 5, Maint & Warranty Agreements 271, ,229 85, , Rentals 396, , ,622 64, Software Rental 176, ,933 18, , Hardware Lease 97, ,107 30,782 71, Maintenance Fees - Software 109, ,900 39, , Subscription Fees - Software 1,662,099 2,800,173 2,309, , Telephone Base 286, , , , Telephone Long Distance 48,760 66,529 29,682 36, Postage 175, , , , Telephone Equipment 123, ,137 63,821 59, Telephone Maintenance 143, , ,400 7, PDA Data Usage 9,250 17,609 10,509 7, PDA Voice/Cell 83,417 95, ,133 (19,306) 378 Data Communications Services 997, ,360 1,085,366 (103,006) 384 Water 1,042,686 1,042, , , Refuse 735, , , , Recycling 211, , ,867 97, Sewer 1,179,309 1,179, , , Landfill 267, , ,073 17, Reclaimed Water ,539 (16,039) 391 Printing 1,530,823 2,053,031 1,543, ,197 Page 9

12 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/ Dry Cleaning Uniform Service 28,500 34,992 29,773 5, Pest Control Isolated Transportation 9,900 45,000 34,138 10, Printing Charge-Back (600,000) (600,000) (341,364) (258,636) 3XX PURCHASED SERVICES TOTAL $ 68,987,333 $ 73,851,526 $ 50,541,569 $ 23,309, Natural Gas $ 104,555 $ 104,767 $ 70,552 $ 34, Bottled Gas 148, ,865 71,821 78, Electricity 11,585,823 11,647,325 8,094,349 3,552, Fuel Oil 13,669 13,669 9,131 4, Gasoline 846, , , , Diesel 2,681,748 2,221,917 1,152,207 1,069, Energy Conservation at Schools 0 715,219 7, ,449 4XX ENERGY SERVICES TOTAL $ 15,380,674 $ 15,498,364 $ 9,755,009 $ 5,743, Supplies $ 7,571,997 $ 10,727,297 $ 4,592,692 $ 6,134, Financial Processing Support 17,820 14,968 6,278 8, Instructional Proc. Support 20,898 6,178 2,843 3, Non-State Adopted Textbooks 3,198,672 3,598,582 1,218,650 2,379, State Adopted Textbooks 2,556,288 3,643, ,718 3,256, Non-State Adopted Textbooks E-Books 0 261, ,455 55, Textbooks - State E-Books 0 559, ,121 60, Periodicals 13,870 18,154 7,025 11, Grease / Oil 46,360 52,025 29,696 22, Repair Parts 781, , , , Tires / Tubes 198, , ,253 59, Uniforms 168, ,034 49,022 51,012 5XX SUPPLIES/MATERIALS TOTAL $ 14,575,465 $ 20,128,106 $ 7,818,407 $ 12,309,699 Page 10

13 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/ Library Books-Replacement $ 364,760 $ 333,410 $ 214,687 $ 118, A / V Materials over $1,000 18,120 9, , A / V Materials under $1,000 6,100 25,555 11,712 13, Furniture, Fixtures & Equipment over $1, , , , , Furniture, Fixtures & Equipment under $1, ,461 1,083, , , Computer Hardware over $1,000 98, , , , Computer Hardware under $1,000 2,286,201 3,435,809 2,374,355 1,061, Other Vehicles 226, ,841 44, , Site Improvement - Contracted 5, , ,719 46, Site Improvement - In House 0 2,109 2, Site Improvement - Direct PO's 0 1,392 1, Remodel-Contracted 60, ,307 19,345 93, Remodel-In-House 32,192 17,465 4,282 13, Remodel-Professional Fees 0 39,114 9,474 29, Remodel-Admin 0 2,805 18,596 (15,791) 687 District PO'S - Remodel/Renovate 0 52,622 52, Computer Software over $1, , ,858 25, , Computer Software under $1,000 25,876 67,321 25,776 41, License Fees - Software over $1, , ,533 64,441 73, License Fees - Software under $1,000 31,752 49,887 38,561 11,326 6XX CAPITAL OUTLAY TOTAL $ 4,085,693 $ 7,600,054 $ 4,548,825 $ 3,051, Dues / Fees $ 2,206,850 $ 3,770,643 $ 1,271,708 $ 2,498, Fingerprint Fees Paid 172, , ,072 81, Fiscal Bank Charges 54,000 70,556 31,518 39, Judgments / Settlements 5,000 5, , Uninsured Property Loss 100,000 70, , Field Trips 91, , ,560 (76,243) 795 Miscellaneous Expense XX OTHER EXPENDITURES TOTAL $ 2,630,636 $ 4,517,958 $ 1,898,348 $ 2,619,610 Page 11

14 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 TOTAL EXPENDITURES $ 543,373,286 $ 553,297,260 $ 403,936,369 $ 149,360,891 Transfer from General Fund to Capital Projects $ 2,013,185 $ 2,013,185 $ 0 TOTAL AFTER TRANSFERS $ 545,386,471 $ 555,310,445 $ 403,936,369 EXCESS (DEFICIENCY) OF REVENUES / EXPENDITURES AND TRANSFERS $ 930,763 $ (17,747,070) $ 64,521,951 Non-Spendable $ 834,571 $ 834,571 $ 834,571 Restricted 3,682,097 3,682,097 3,682,097 Assigned 3,078,912 3,078,912 3,078,912 Unassigned: School Board Contingency 19,880,369 19,880,369 19,880,369 Other 20,759,936 20,759,936 20,759,936 BEGINNING FUND BALANCE $ 48,235,885 $ 48,235,885 $ 48,235,885 Non-Spendable $ 834,570 $ 834,571 $ 793,930 Restricted 3,753,147 5,139,296 2,228,283 Assigned 3,138,323 4,297,399 89,518,074 Unassigned: School Board Contingency 19,880,369 19,880,369 19,880,369 Other 21,560, , ,180 ENDING FUND BALANCE $ 49,166,648 $ 30,488,815 $ 112,757,836 Page 12

15 STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 EXPENDITURES: 5100 Basic K-12 $ 271,466,215 $ 269,974,384 $ 205,408,721 $ 64,565, Exceptional Education 79,737,104 80,619,323 49,114,544 31,504, Vocational Education 8,261,843 11,115,700 6,392,206 4,723, Adult Education 1,654,664 1,733, , , Other Instructional 2,170,351 2,346,829 1,746, , Non-F.E.F.P. Instructional 255,823 1,221, , ,092 INSTRUCTIONAL TOTAL $ 363,546,000 $ 367,011,121 $ 264,291,812 $ 102,719, Attendance / Social Work $ 1,488,096 $ 1,524,220 $ 1,083,509 $ 440, Guidance 13,423,362 13,592,411 10,454,466 3,137, Health 2,612,497 2,626,793 1,929, , Psychological Services 1,027,765 1,060, , , Parental Involvement 121, , ,508 69, Instructional Media 7,184,682 7,246,127 5,599,705 1,646, Instructional Curr. Development 12,872,561 13,712,409 10,738,555 2,973, Instructional Staff Training 1,537,824 3,084,134 1,736,876 1,347, Instructional Related Technology 8,659,681 8,918,756 7,110,021 1,808,735 INSTRUCTIONAL SUPPORT TOTAL $ 48,927,867 $ 51,944,771 $ 39,649,289 $ 12,295,482 Page 13

16 STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/ Board of Education $ 1,130,536 $ 1,346,508 $ 881,637 $ 464, General Administration 1,166,460 1,208, , , School Administration 37,306,723 37,514,090 31,001,804 6,512, Facilities, Acquisition, Const. 831,023 1,145,813 1,091,028 54, Fiscal Services 2,602,503 2,757,078 2,201, , Food Services 172,508 80, ,259 (140,998) 7710 Research Development 469, , ,374 38, Information Services 908,543 1,426,348 1,061, , Staff Services 2,303,759 2,922,311 2,068, , Admin, Classified In-service 420, , , , Warehouse / purchasing 2,023,749 1,938,404 1,620, , Other Central Services 0 70, , Transportation 18,924,829 18,525,940 14,334,869 4,191, Operation of Plant 45,623,484 46,483,194 31,413,162 15,070, Environmental Services 538, , , , Maintenance 10,424,890 10,909,350 7,844,296 3,065, Transportation Maintenance 1,695,476 1,390, , , Technology Repair 91, ,580 80,034 72, Administrative Technical Services 3,994,755 4,242,037 3,254, , Community Services 193, , , , Overhead 75,000 75, ,000 GENERAL SUPPORT TOTAL $ 130,899,419 $ 134,341,368 $ 99,995,268 $ 34,346,100 TOTAL EXPENDITURES $ 543,373,286 $ 553,297,260 $ 403,936,369 $ 149,360,891 Page 14

17 STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 Transfer from General Fund to Capital Projects $ 2,013,185 $ 2,013,185 $ 0 $ 2,013,185 TOTAL AFTER TRANSFERS $ 545,386,471 $ 555,310,445 $ 403,936,369 EXCESS (DEFICIENCY) OF REVENUES / EXPENDITURES AND TRANSFERS $ 930,763 $ (17,747,070) $ 64,521,951 Non-Spendable $ 834,571 $ 834,571 $ 834,571 Restricted 3,682,097 3,682,097 3,682,097 Assigned 3,078,912 3,078,912 3,078,912 Unassigned: School Board Contingency 19,880,369 19,880,369 19,880,369 Other 20,759,936 20,759,936 20,759,936 BEGINNING FUND BALANCE $ 48,235,885 $ 48,235,885 $ 48,235,885 Non-Spendable $ 834,570 $ 834,571 $ 793,930 Restricted 3,753,147 5,139,296 2,228,283 Assigned 3,138,323 4,297,399 89,518,074 Unassigned: School Board Contingency 19,880,369 19,880,369 19,880,369 Other 21,560, , ,180 ENDING FUND BALANCE $ 49,166,648 $ 30,488,815 $ 112,757,836 Page 15

18 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL FUNCTION DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 REVENUES: FEDERAL DIRECT SOURCES 3130 Head Start Grant $ 4,841,796 $ 0 $ 3,648,178 $ 1,193, ROTC 990, ,923 9, Magnet Grant 2,642, ,418,813 1,223, Other Federal Direct 1,446, ,053 1,026,827 TOTAL FEDERAL DIRECT $ 9,922,254 $ 0 $ 6,467,967 $ 3,454,287 FEDERAL THROUGH STATE SOURCES 3201 Vocational Education $ 668,984 $ 0 $ 521,438 $ 147, Adult Ed 542, , , Title II 2,980, ,495,832 1,485, Education for the Handicapped 23,349, ,366,813 8,982, Title 1 19,103, ,306,870 6,796, Title III ESOL 444, , , st Century 1,681, ,480, , Charter Schools 100, ,677 5, Other Miscellaneous 117, ,075 72,445 TOTAL FEDERAL THROUGH STATE $ 48,988,790 $ 0 $ 30,938,547 $ 18,050,243 STATE AND OTHER SOURCES 3335 Diagnostic & Resource $ 33,268 $ 0 $ 29,892 $ 3, Other State 10, ,684 8, Gifts, Grants & Bequests ,100 (11,100) TOTAL STATE AND OTHER SOURCES $ 43,520 $ 0 $ 42,676 $ 844 TOTAL REVENUES $ 58,954,564 $ 0 $ 37,449,190 $ 21,505,374 Page 16

19 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL OBJECT DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/ Administrator - Base Pay $ 452,258 $ 0 $ 382,801 $ 69, Administrator - Extra Duty Pay (212) 121 Teacher - Base Pay 9,112, ,316,820 2,795, Teacher - Extra Duty Pay 532, , , Teacher - Supplements 0 0 3,404 (3,404) 131 Other Certified - Base Pay 9,533, ,338,932 3,194, Other Certified - Extra Duty Pay 738, , , Other Certified - Supplements 341, ,293 56, Substitute - Base Pay 629, , , Substitute - Non Instructional (125) 151 Aide - Base Pay 5,685, ,563,876 1,121, Aide - Extra Duty Pay 14, ,795 (9,980) 158 Aide - Short Term Pay ,122 (23,122) 161 Other Support - Base Pay 1,549, ,166, , Other Support - Extra Duty Pay ,495 (26,495) 168 Other Support - Short Term Pay 0 0 9,982 (9,982) 181 EAP - Base Pay 3,020, ,610, ,717 1XX SALARIES TOTAL $ 31,611,197 $ 0 $ 22,695,100 $ 8,916, Retirement $ 2,075,108 $ 0 $ 1,703,834 $ 371, FICA 2,330, ,577, , Life Insurance 152, , , Hospitalization 5,508, ,170,766 2,338, Worker's Comp - General 319, , , Worker's Comp - All Others (719) 2XX FRINGE TOTAL $ 10,386,768 $ 0 $ 6,596,692 $ 3,790,076 Page 17

20 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL OBJECT DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/ Professional/Technical $ 4,576,058 $ 0 $ 1,767,431 $ 2,808, Tuition Reimbursement 23, , Insurance - Comprehensive Business 1, , Insurance - Liability 2, ,005 1, Travel - In-County 178, ,314 40, Travel - Out-County 494, , , Out of State Travel 157, ,617 46, Repair-Instructional Equipment 8, ,766 (440) 352 Repair-Other Equipment 1, , Maint & Warranty Agreements 93, , Rentals 39, ,883 (3,027) 363 Computer Hardware Lease Maintenance Fees - Software 1, ,682 (14,108) 365 Subscription Fees - Software 652, ,160 (63,172) 371 Telephone Base 2, , Telephone Long Distance Postage 24, ,301 12, Telephone Maintenance PDA Data 4, , PDA Voice/Cell 15, ,761 10, Data Communications Services 6, ,772 1, Water 1, Refuse ,451 (466) 386 Recycle Sewer 1, Landfill Printing 107, ,581 49, Contracted Food Servics Isolated Transportation 75, ,634 3XX PURCHASED SERVICES TOTAL $ 6,470,932 $ 0 $ 3,248,737 $ 3,222,195 Page 18

21 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL OBJECT DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/ Natural Gas $ 65 $ 0 $ 34 $ Electricity 4, , Gasoline 6, , Diesel 281, ,620 4XX FUEL TOTAL $ 292,470 $ 0 $ 4,035 $ 288, Supplies $ 3,314,446 $ 0 $ 1,057,951 $ 2,256, Non-State Adopted Textbooks 2, ,944 (13,008) 522 State Adopted Textbooks 12, ,867 (9,227) 530 Periodicals Oil & Grease Repair Parts 4, , Tires & Tubes XX SUPPLIES/MATERIALS TOTAL $ 3,335,775 $ 0 $ 1,095,762 $ 2,240, Library Books-New $ 100 $ 0 $ 0 $ Library Books-Replacement 2, , A/V Materials over $1,000 2, ,602 1, A/V Materials under $1,000 34, ,891 31, Furn/Fixt/Equip over $1, , ,560 72, Furn/Fixt/Equip under $1,000 1,330, , , Computer Hardware over $1, , , , Computer Hardware under $1,000 1,373, , , Site Improvement - Contracted 7, ,473 6, Site Improvement - In House 4, , Remodeling/Renovation - Contracted 165, ,644 17,106 Page 19

22 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL OBJECT DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/ Remodeling/Renovation - Prof Fees 5, , Remodeling/Renovation - Admin 13, ,845 10, Diret PO's - Remodel/Renovate 61, ,841 3, Computer Software over $1,000 47, , Computer Software under $1,000 73, ,653 67, License Fee - Software over 1 K 113, ,491 97, License Fee - Software under 1K 176, , ,624 6XX CAPITAL OUTLAY TOTAL $ 4,014,156 $ 0 $ 1,891,900 2,122, Dues/Fees $ 312,012 $ 0 $ 285,560 $ 26, Fingerprinting 2, ,240 (140) 753 Non Employee Stipends 69, ,800 67, Non Employee Substitutes 63, ,135 34, Field Trips 140, ,509 97, Federal Indirect Cost 2,256, ,554, ,320 7XX OTHER EXPENDITURES TOTAL $ 2,843,266 $ 0 $ 1,916,964 $ 926,302 TOTAL EXPENDITURES $ 58,954,564 $ 0 $ 37,449,190 $ 21,505,374 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ 0 $ 0 $ 0 BEGINNING FUND BALANCE $ 0 $ 0 $ 0 ENDING FUND BALANCE $ 0 $ 0 $ 0 Page 20

23 STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL FUNCTION DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 EXPENDITURES: 5100 Basic K-12 $ 12,793,707 $ 0 $ 8,352,442 $ 4,441, Exceptional Education 9,122, ,939,010 4,183, Vocational Education 367, ,267 (59,447) 5400 Adult Education 269, ,053 74, Pre-K 4,202, ,934,856 1,267, Non- FEFP 1,608, , ,062 INSTRUCTIONAL TOTAL $ 28,363,883 $ 0 $ 17,695,130 $ 10,668, Attendance / Social Work $ 1,875,886 $ 0 $ 787,713 $ 1,088, Guidance 265, ,567 (211,576) 6130 Health 1,768, , , Psychological Services 1,938, ,577, , Parent Involvement 1,225, , , Instructional Media ,651 (99,651) 6300 Instructional Curriculum 13,382, ,582,038 4,800, Instructional Staff Training 4,608, ,692,134 1,916, Instructional Related Technology 1,132, , ,244 INSTRUCTIONAL SUPPORT TOTAL $ 26,198,439 $ 0 $ 16,670,043 $ 9,528, Board of Eductation $ 151 $ 0 $ 676 $ (525) 7200 General Administration 2,260, ,556, , School Administration 185, ,095 18, Facilities 252, ,777 35, Fiscal Services 38, ,775 6, Food Services 28, ,393 (4,613) Page 21

24 STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL FUNCTION DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/ Planning, Research, Develop 22, , Central Services ,264 (10,087) 7800 Transportation 481, , , Utility / Custodial 112, ,928 66, Environmental Services ,732 (28,732) 8110 Transportation Maintenance 11, , Administrative Tech Services ,235 (44,235) 9100 Community Services 998, ,060 86,364 GENERAL SUPPORT TOTAL $ 4,392,242 $ 0 $ 3,084,017 $ 1,308,225 TOTAL EXPENDITURES $ 58,954,564 $ 0 $ 37,449,190 $ 21,505,374 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ 0 $ 0 $ 0 BEGINNING FUND BALANCE $ 0 $ 0 $ 0 ENDING FUND BALANCE $ 0 $ 0 $ 0 Page 22

25 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-FOOD SERVICE ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 REVENUES: FEDERAL THROUGH STATE SOURCES 3261 School Lunch Reimbursement $ 15,086,733 $ 15,086,733 $ 10,108,822 $ 4,977, School Breakfast Reimbursement 5,335,166 5,335,166 3,782,682 1,552, After School Snack Reimbursement 303, , ,593 97, Child Care Food Program 225, , ,032 20, USDA Donated Foods 2,110,586 2,110, ,110, Cash in Lieu of Donated Food 9,787 9,787 7,721 2, Summer Feeding Program 229, ,237 40, , Fresh Fruit & Vegetable Program 120, ,950 77,255 43,695 TOTAL FEDERAL $ 23,421,516 $ 23,421,516 $ 14,427,830 $ 8,993,686 STATE AND OTHER SOURCES 3337 School Breakfast Supplement $ 149,309 $ 149,309 $ 158,216 $ (8,907) 3338 State Supplement (Lunch & Breakfast) 178, , ,591 (7,585) 3451 Student Lunches 2,761,831 2,761,831 2,495, , Adult Breakfast / Lunch 403, , ,212 84, Student A La Carte 5,689,309 5,689,309 4,955, , Other Food Sales 146, , ,162 (5,106) 3457 Food Service Child Care Miscellaneous Local Sources 250, , ,292 (11,871) TOTAL STATE AND OTHER SOURCES $ 9,578,906 $ 9,578,906 $ 8,528,027 $ 1,050,879 TOTAL REVENUES $ 33,000,422 $ 33,000,422 $ 22,955,857 $ 10,044,565 Page 23

26 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-FOOD SERVICE ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 EXPENDITURES: 111 Administrator - Base Pay $ 96,805 $ 93,985 $ 78,321 $ 15, Other Support - Base Pay 8,099,065 8,632,587 6,856,587 1,776, Other Support - Extra Duty Pay 258, ,963 (162,963) 168 Other Support Temporary 7, (820) 181 EAP - Base Pay 721, , , , EAP - Terminal Pay 1, XX SALARIES TOTAL $ 9,183,371 $ 9,689,037 $ 7,710,517 $ 1,978, Retirement $ 690,590 $ 736,389 $ 587,502 $ 148, FICA 702, , , , Life Insurance 7,622 4,415 4,545 (130) 232 Medical Insurance 1,400,490 1,553,309 1,054, , Worker's Compensation I 6,564 7,594 5,017 2, Worker's Compensation II Worker's Compensation IV 353, , ,536 63,335 2XX FRINGE TOTAL $ 3,162,123 $ 3,400,948 $ 2,504,452 $ 896, Professional & Technical $ 1,075,132 $ 1,109,049 $ 764,040 $ 345, Travel - In County 56,032 56,032 31,534 24, Travel - Out of County 6,998 6,998 10,136 (3,138) 333 Travel - Out of State 7,099 7,099 2,189 4, Repair Other Equipment 4,210 4, , Repair-General Maintenance 199, , , Maint. & Warranty Agreements 81,695 81,695 78,195 3, Rentals 1,421 1, ,421 Page 24

27 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-FOOD SERVICE ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/ Maintenance Fees - Software Subscription Fees - Software 8,480 8,480 6,980 1, Postage - Telegraph 6,658 6, , Phone Equipment Printing, Etc. 19,486 22,426 2,691 19,735 3XX PURCHASED SERVICES TOTAL $ 1,468,242 $ 1,639,365 $ 896,241 $ 743, Natural Gas $ 91,105 $ 91,105 $ 63,112 $ 27, Bottled Gas 125, ,815 82,786 43, Electricity 336, , ,694 95,020 4XX ENERGY SERVICES TOTAL $ 553,634 $ 553,634 $ 387,592 $ 166, Supplies $ 1,234,320 $ 1,234,430 $ 893,862 $ 340, Instruct Processing Supplies 1,421 1, , Oil & Grease Repair Parts 6,988 6, , Tires & Tubes 1,410 1, , Food & Milk 12,422,600 12,422,600 10,718,030 1,704, Wares Replacement 33,527 34,595 18,212 16, Commodity Usage 1,960,586 1,960,586 20,200 1,940, Uniforms 72,382 78,654 64,477 14,177 5XX SUPPLIES / MATERIALS TOTAL $ 15,733,354 $ 15,740,804 $ 11,714,781 $ 4,026, Furniture, Fixtures & Equipment over $1,000 $ 1,198,192 $ 1,336,283 $ 400,837 $ 935, Furniture, Fixtures & Equipment under $1,000 42,633 86,294 75,378 10, Computer Hardware over $1,000 50,485 50,485 1,188 49, Computer Hardware under $1, , ,231 65, , Other Vehicles 136, , , Remodel / Renovate - Contracted 1,142,193 1,354, ,235 1,138,536 Page 25

28 STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-FOOD SERVICE ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/ Computer Software over $1,000 57,214 57, , Computer Software under $1,000 3,688 3, , License Fees - Software over $1,000 1,833 1, , License Fees - Software under $1,000 2,108 2, ,108 6XX CAPITAL OUTLAY TOTAL $ 2,862,785 $ 3,258,113 $ 759,468 $ 2,498, Dues & Fees $ 27,356 $ 27,356 $ 27,702 $ (346) 739 Bank Charges 216, , ,626 45, Miscellaneous Expense ,788 (1,376) 796 Uncoll Accounts (Bad Debt) 3,567 3, , Federal Indirect Cost 710, , ,312 7XX OTHER EXPENDITURES TOTAL $ 958,410 $ 967,751 $ 210,729 $ 757,022 TOTAL BEFORE OTHER FINANCING SOURCES/USES $ 33,921,919 $ 35,249,652 $ 24,183,780 $ 11,065,872 Transfer - Capital Projects $ 500,000 $ 500,000 $ 245,000 $ 255,000 TOTAL AFTER OTHER FINANCING SOURCES/USES $ 34,421,919 $ 35,749,652 $ 24,428,780 $ 11,320,872 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ (1,421,497) $ (2,749,230) $ (1,472,923) Non-Spendable $ 1,685,787 $ 1,685,787 $ 1,685,787 Restricted 12,075,570 12,075,570 12,075,570 BEGINNING FUND BALANCE $ 13,761,357 $ 13,761,357 $ 13,761,357 Non-Spendable $ 1,547,321 $ 1,676,697 $ 1,665,586 Restricted 10,792,539 9,335,430 10,622,848 ENDING FUND BALANCE $ 12,339,860 $ 11,012,127 $ 12,288,434 Page 26

29 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL DEBT SERVICE FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 4/30/17 04/30/17 STATE SOURCES 3322 CO & DS Withheld for SBE Bonds $ 774,530 $ 774,530 $ 0 $ 774,530 TOTAL STATE $ 774,530 $ 774,530 $ 0 $ 774,530 LOCAL SOURCES 3430 Investment Revenue $ 139,000 $ 139,000 $ 33,030 $ 105,970 TOTAL LOCAL $ 139,000 $ 139,000 $ 33,030 $ 105,970 OTHER FINANCING SOURCES 3630 Transfer From Capital Tax Levy $ 36,367,258 $ 36,111,826 $ 13,818,099 $ 22,293, Certificate of Participation A 0 82,385,000 82,385, Premium on Sale of Bond 0 6,982,377 6,982,377 0 TOTAL OTHER $ 36,367,258 $ 125,479,203 $ 103,185,476 $ 22,293,727 TOTAL REVENUE AND OTHER FINANCING SOURCES $ 37,280,788 $ 126,392,733 $ 103,218,506 $ 23,174,227 EXPENDITURES: SBE Bonds 710 Redemption of Principal $ 619,000 $ 619,000 $ 0 $ 619, Interest 145, , , Dues and Fees 10,000 10, ,000 COPS 710 Redemption of Principal 16,175,000 16,175,000 2,880,000 13,295, Interest 20,134,558 19,096,557 10,139,279 8,957, Dues and Fees 57, , ,890 42,705 TOTAL EXPENDITURES $ 37,141,788 $ 36,655,682 $ 13,586,169 $ 23,069,513 Page 27

30 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL DEBT SERVICE FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 4/30/17 04/30/17 OTHER FINANCING USES: 760 Payments to Refunded Bond Escrow Agent $ 0 $ 89,587,515 $ 89,587,515 $ 0 TOTAL EXPENDITURES AND OTHER FINANCING USES $ 37,141,788 $ 126,243,197 $ 103,173,684 $ 23,069,513 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ 139,000 $ 149,536 $ 44,822 $ 104,714 BEGINNING FUND BALANCE $ 3,929,920 $ 3,929,920 $ 3,929,920 ENDING FUND BALANCE $ 4,068,920 $ 4,079,456 $ 3,974,742 Page 28

31 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL CAPITAL PROJECTS FUND ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 04/30/17 04/30/17 STATE SOURCES 3321 CO & DS Distributed to District $ 1,898,941 $ 1,898,941 $ 0 $ 1,898, Interest - CO & DS 5,511 5, , PECO 2,616,664 2,616,664 2,616, X Other State 150, ,000 35, ,744 TOTAL STATE $ 4,671,116 $ 4,671,116 $ 2,651,920 $ 2,019,196 LOCAL SOURCES 3413 School Capital Outlay Tax $ 51,658,103 $ 51,658,103 $ 49,771,962 $ 1,886, Additional School Capital Outlay Tax > 96% 408, , , Sales Surtax 43,269,088 43,269,088 28,907,746 14,361, X Interest on Investments 100, , ,918 (208,835) 3496 Impact Fees 7,500,000 7,500, ,500, X Miscellaneous Local Sources 90, , ,619 (21,727) TOTAL LOCAL $ 103,026,151 $ 103,411,126 $ 79,485,245 $ 23,925,881 OTHER FINANCING SOURCES 3610 Transfer from Operating $ 2,013,185 $ 2,013,185 $ 0 $ 2,013, Transfers from Special Revenue - Food Services 500, , , ,000 TOTAL OTHER FINANCING SOURCES $ 2,513,185 $ 2,513,185 $ 245,000 $ 2,268,185 TOTAL REVENUES & OTHER FINANCING SOURCES $ 110,210,452 $ 110,595,427 $ 82,382,165 $ 28,213,262 Page 29

32 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL CAPITAL PROJECTS FUND ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 04/30/17 04/30/17 EXPENDITURES: 63X New Construction $ 9,828 $ 2,328 $ 0 $ 2, Furniture, Fixtures & Equipment over $1,000* 706, , , , Furniture, Fixtures & Equipment under $1,000* 52, , , , Computer Hardware over $1,000* 1,925,448 4,299,027 2,029,255 2,269, Computer Hardware under $1,000* 27,809 2,573,097 2,449, ,692 65X Motor Vehicles / Buses 6,111,093 6,111,093 2,084,186 4,026,907 67X Improvements Other Than Buildings * 1,142,585 4,652,512 1,670,194 2,982,318 68X Renovation / Remodeling * 95,605, ,202,816 25,483,770 74,719, Computer Software over $1,000 1,050,000 1,050, ,050, Computer Software under $1, ,944 18, TOTAL BEFORE OTHER FINANCING SOURCES/USES $ 106,630,641 $ 120,121,532 $ 34,090,474 $ 86,031,058 Transfer - General Fund - Property Insurance $ 4,665,687 $ 4,665,687 $ 0 $ 4,665,687 Transfer - Debt Service 36,367,258 36,111,826 13,818,099 22,293,727 TOTAL AFTER OTHER FINANCING SOURCES/USES $ 147,663,586 $ 160,899,045 $ 47,908,573 $ 112,990,472 EXCESS (DEFICIENCY) OF REVENUES / EXPENDITURES $ (37,453,134) $ (50,303,618) $ 34,473,592 Restricted ** $ 87,709,430 $ 88,078,685 $ 88,078,685 Assigned 3,183,759 3,183,759 3,183,759 BEGINNING FUND BALANCE $ 90,893,189 $ 91,262,444 $ 91,262,444 Restricted $ 52,235,647 $ 39,754,418 $ 122,453,909 Assigned 1,204,408 1,204,408 3,282,127 ENDING FUND BALANCE $ 53,440,055 $ 40,958,826 $ 125,736,036 *64X/67X/68X Adopted Budget includes Sales Surtax Projects in the amount of $75,721,303; Amended Budget in the amount of $75,891,648 ** Restricted beginning balance was amended due to an adjustment for which occurred after the Adopted Budget was prepared and prior to the completion of the CAFR. Page 30

33 STATEMENT OF EXPENDITURES BY PROJECT CHANGES IN FUND BALANCE BUDGET vs ACTUAL CAPITAL PROJECTS FUND PROJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 04/30/17 04/30/ Educational Technology - Infrastructure Equipment $ 1,677 $ 1,677 $ 0 $ 1, School Bus Replacement 6,111,093 6,111,093 2,084,186 4,026, Furniture & Equipment Replacement 604, , , , Preventitive Maintenance 0 500, , Maintenance Capital Supplies / Service 2,102,959 3,100,000 2,217, , Direct Maintenance Capital Supplies/ Service 0 2,960 3,098 (138) 5917 District Refreshment - Technology 1,894,756 1,544,756 1,467,721 77, Sunrise Standard Classroom 127,686 2,727, ,139 2,380, Computerized Testing Labs Enterprise Resource Planning (ERP) 1,050,000 1,050, ,050, Growth Management 9,828 9,828 7,500 2, Energy Conservation - Facilities 328, , ,474 52, School Initiated Projects 7, ,243 94,182 14, Code Compliance 34,061 34, , Program Related Facility Needs 368,688 2,402, ,195 2,096, South Courtenay Parkway Right of Way 85,497 86,069 83,719 2, Andersen Elementary Entrance Way 286, , ,780 35, MIHS Stormwater Improvement 0 1,240,000 22,750 1,217, School Initiated Project - Match 0 300, , Special Capital Projects 0 550,000 29, , CHS Addition/Renovate 0 500, , VIPS Program 0 45,135 45, Portable Relocation 401,325 1,101, , , Capital Renewal 10,684,592 8,420,964 1,329,141 7,091, ADA Projects 262, , , , Safety to Life 737, , , , Painting & Corrosion Control 1,348, , , , Custodial Equipment 158, ,023 95,283 62, Grounds Equipment 0 100,000 67,250 32, / Food & Nutrition Services Projects 1,241,656 1,241, , ,948 Page 31

34 STATEMENT OF EXPENDITURES BY PROJECT CHANGES IN FUND BALANCE BUDGET vs ACTUAL CAPITAL PROJECTS FUND PROJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 04/30/17 04/30/ Replacement at Failure 1,609,994 2,475,641 1,552, , Plant Ops & Maint Bldg Improv 175, , , Building Envelope Water Control 31,055 31,055 31, Maintenance Painting & Corrosion Control 0 1,000,000 53, ,238 Additional Tax Levy/Capital Projects 408, , ,960 Sales Surtax Projects - Use of Other Funds 835,865 6,156, ,767 5,379,266 Sales Surtax Projects 75,721,303 75,891,648 21,732,985 54,158,663 TOTAL BEFORE OTHER FINANCING SOURCES/USES $ 106,630,641 $ 120,121,532 $ 34,090,474 $ 86,031,058 Transfer - General Fund - Property Insurance $ 4,665,687 $ 4,665,687 $ 0 $ 4,665,687 Transfer - Debt Service 36,367,258 36,111,826 13,818,099 22,293,727 TOTAL AFTER OTHER FINANCING SOURCES/USES $ 147,663,586 $ 160,899,045 $ 47,908,573 $ 112,990,472 EXCESS (DEFICIENCY) OF REVENUES / EXPENDITURES $ (37,453,134) $ (50,303,618) $ 34,473,592 Restricted * $ 87,709,430 $ 88,078,685 $ 88,078,685 Assigned 3,183,759 3,183,759 3,183,759 BEGINNING FUND BALANCE $ 90,893,189 $ 91,262,444 $ 91,262,444 Restricted $ 52,235,647 $ 39,754,418 $ 122,453,909 Assigned 1,204,408 1,204,408 3,282,127 ENDING FUND BALANCE $ 53,440,055 $ 40,958,826 $ 125,736,036 * Restricted beginning balance was amended due to an adjustment for which occurred after the Adopted Budget was prepared and prior to the completion of the CAFR. Page 32

35 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL CASUALTY INSURANCE FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 LOCAL SOURCES 348X Premiums $ 4,271,540 $ 4,271,540 $ 2,809,153 $ 1,462, X Interest 88,983 88, ,724 (34,741) 349X Misc Revenue (5) TOTAL REVENUES $ 4,360,523 $ 4,360,523 $ 2,932,882 $ 1,427,641 EXPENDITURES: 111 Administrator - Base Pay $ 52,027 $ 52,027 $ 43,356 $ 8, Other Support - Base Pay 74,116 74,116 59,763 14, EAP - Base Pay 47,523 47,523 32,724 14,799 1XX SALARIES TOTAL $ 173,666 $ 173,666 $ 135,843 $ 37, Retirement $ 13,060 $ 13,060 $ 10,215 $ 2, FICA 13,285 13,285 9,963 3, Life Insurance Hospitalization 18,058 18,058 12,386 5, Worker's Compensation I XX FRINGE TOTAL $ 45,516 $ 45,516 $ 33,456 $ 12, Legal Services $ 2,000 $ 2,000 $ 10,476 $ (8,476) 312 Professional and Technical 25,000 25,000 21,980 3, Managed Care Arrangement Costs 28,000 28,000 22,348 5, Travel - In County Travel - Out of County 2,650 2, , Telephone - Base Telephone Long Distance Postage PDA Data PDA Voice Cell Printing, etc. 1,250 1, XX PURCHASED SERVICES TOTAL $ 61,421 $ 61,421 $ 55,983 $ 5,438 Page 33

36 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL CASUALTY INSURANCE FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/ Supplies $ 1,284 $ 1,284 $ 829 $ 455 5XX SUPPLIES / COMPUTER HARDWARE TOTAL $ 1,284 $ 1,284 $ 829 $ Furniture, Fixtures & Equipment over $1,000 $ 2,000 $ 2,000 $ 0 $ 2, Furniture, Fixtures & Equipment under $1,000 2,000 2, , Computer Hardware over $1,000 3,500 3, , Computer Hardware under $1, ,083 (1,583) 691 Computer Software over $1,000 1,500 1, ,500 6XX CAPITAL OUTLAY TOTAL $ 9,500 $ 9,500 $ 2,558 $ 6, Dues and Fees $ 800 $ 800 $ 635 $ Bank Charges 15,000 15,000 9,340 5, Worker's Compensation 4,100,000 4,100,000 3,747, , Auto Claims 327, , ,526 9, General Claims 478, , , , Administrative Fees 86,293 86,293 84,815 1, Excess Policy 425, , ,937 53,063 7XX TOTAL OTHER EXPENDITURES $ 5,433,418 $ 5,433,418 $ 4,841,709 $ 591,709 TOTAL EXPENDITURES $ 5,724,805 $ 5,724,805 $ 5,070,378 $ 654,427 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ (1,364,282) $ (1,364,282) $ (2,137,496) BEGINNING FUND BALANCE $ 1,074,620 $ 1,074,620 $ 1,074,620 Workman's Compensation Adjustment at Year End * 0 1,642,383 1,642,383 ADJUSTED FUND BALANCE BEGINNING OF PERIOD $ 1,074,620 $ 2,717,003 $ 2,717,003 ENDING FUND BALANCE $ (289,662) $ 1,352,721 $ 579,507 * Beginning balance was amended due to an adjustment for which occurred after the Adopted Budget was prepared and prior to the completion of the CAFR. Page 34

37 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL MEDICAL INSURANCE TRUST FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 LOCAL SOURCES 348X Premiums $ 67,552,569 $ 67,552,569 $ 51,797,680 $ 15,754, X Interest 109, ,824 99,675 10,149 TOTAL REVENUES $ 67,662,393 $ 67,662,393 $ 51,897,355 $ 15,765,038 EXPENDITURES: 111 Administrator - Base Pay $ 52,027 $ 52,027 $ 43,356 $ 8, Other Support - Base Pay 321, , ,918 57, Other Support - Extra Duty 0 0 6,241 (6,241) 164 Other Support - Terminal Pay 0 0 9,540 (9,540) 181 EAP - Base Pay 187, , ,805 48, EAP - Terminal Base 0 0 3,707 (3,707) 1XX SALARIES TOTAL $ 561,078 $ 561,078 $ 465,567 $ 95, Retirement $ 48,894 $ 48,894 $ 39,042 $ 9, FICA 42,922 42,922 32,608 10, Life Insurance Hospitalization 77,024 77,024 57,379 19, Worker's Compensation I 3,131 3,131 2, XX FRINGE TOTAL $ 172,437 $ 172,437 $ 132,007 $ 40, Professional and Technical $ 202,903 $ 202,903 $ 166,249 $ 36, Travel - In County 3,000 3, , Travel - Out of County 6,000 6, , Travel - Out of State 5,000 5,000 1,592 3, Telephone - Base (154) 373 Postage 6,000 6,000 5, Data Communications 0 0 2,611 (2,611) 384 Water (245) 391 Printing, etc. 8,000 8,000 4,112 3, Clinics - Other Purch Srvs ,195 (720,195) 3XX PURCHASED SERVICES TOTAL $ 230,903 $ 230,903 $ 901,110 $ (670,207) Page 35