PDE FINAL GENERAL FUND BUDGET Fiscal Year 07/01/ /30/2016

Transcription

1 LEA Name: Spring-Ford Area SD Class: 3 AUN Number: County: Montgomery PDE FINAL GENERAL FUND BUDGET Fiscal Year 07/01/ /30/2016 General Fund Budget Approval Date of Adoption of the General Fund Budget: 6/25/2015 President of the Board - Original Signature Required Date Secretary of the Board - Original Signature Required Date Chief School Administrator - Original Signature Required Date Dr. David Goodin (610) Contact Person Telephone Extension dgood@spring-ford.net Address Return to: Pennsylvania Department of Education Bureau of Budget and Fiscal Management Division of Subsidy Data and Administration 333 Market Street Harrisburg, PA /12/ :17:12 PM

2 Printed 6/12/ :17:13 PM v2.1 ITEM AMOUNTS ESTIMATED REVENUES AND OTHER FINANCING SOURCES: BUDGET SUMMARY Page A-1 Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year 1 Estimated Beginning Fund Balance - Committed 4,000,000 2 Estimated Beginning Fund Balance - Assigned 6,628,000 3 Estimated Beginning Fund Balance - Unassigned 8,123, Total Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year 18,751,800 Estimated Revenues And Other Financing Sources 6000 Revenue from Local Sources 111,690, Revenue from State Sources 27,482, Revenue from Federal Sources 639, Other Financing Sources 0 Total Estimated Revenues And Other Financing Sources 139,811,954 Total Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation 158,563,754

3 Printed 6/12/ :17:15 PM v2.1 ESTIMATED REVENUES AND OTHER FINANCING SOURCES: DETAIL Page B-1 FUNCTION DESCRIPTION Amounts REVENUE FROM LOCAL SOURCES 6111 Current Real Estate Taxes 92,274, Interim Real Estate Taxes 902, Public Utility Realty Tax 125, Payments in Lieu of Current Taxes - State / Local Reimbursement 1,665, Payments in Lieu of Current Taxes - Federal Reimbursement Per Capita Taxes, Section , Taxpayer Relief Taxes - Proportional Assessments Current Act 511 Taxes - Flat Rate Assessments 269, Current Act 511 Taxes - Proportional Assessments 11,500, Non-Real Estate Taxes - First Class Districts Only Delinquencies on Taxes Levied / Assessed by LEA 2,000, Earnings on Investments 200, Revenues from District Activities 367, Revenue from Intermediary Sources / Pass-Through Funds 1,676, Rentals 375, Contributions/Donations/Grants From Private Sources 5, Tuition from Patrons 54, Services Provided Other Local Governmental Units / LEAs Services Provided Other Funds Revenue From Community Service Activities Refunds and Other Miscellaneous Revenue 150,000 REVENUE FROM LOCAL SOURCES 111,690,636

4 Printed 6/12/ :17:15 PM v2.1 ESTIMATED REVENUES AND OTHER FINANCING SOURCES: DETAIL Page B-2 FUNCTION DESCRIPTION Amounts REVENUE FROM STATE SOURCES 7110 Basic Education Funding (Gross) 9,104, Tuition for Orphans and Children Placed in Private Homes 150, School Improvement Grants Staff and Program Development Vocational Education Driver Education - Student Migratory Children Workforce Investment Act Special Education Funding for School Aged Pupils 2,622, Early Intervention Adult Literacy Pre-K Counts Other Program Subsidies Not Listed in 7200 Series Transportation (Regular and Additional) 1,830, Rental and Sinking Fund Payments / Building Reimbursement Subsidy 1,066, Health Services (Medical, Dental, Nurse, Act 25) 165, State Property Tax Reduction Allocation 2,387, Sewage Treatment Operations / Environmental Subsidies Safe Schools Vocational Training of the Unemployed PA Accountability Grants Ready to Learn Block Grant Supplemental Equipment Grants Revenue for the Support of Public Schools Other State Revenue Not Listed in the 7500 Series State Share of Social Security and Medicare Taxes 2,372, State Share of Retirement Contributions 7,783, Revenue for Technology 0 REVENUE FROM STATE SOURCES 27,482,028

5 Printed 6/12/ :17:15 PM v2.1 ESTIMATED REVENUES AND OTHER FINANCING SOURCES: DETAIL Page B-3 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 233, NCLB, Title II - Prep., Train. & Recruit. High Qual. Teachers & Principals 105, NCLB, Title III - Language Instr. for LEP and Immgrant Students NCLB, Title IV - 21st Century Schools NCLB, Title V Promoting Informed Parental Choice And Innovative Programs NCLB, Title VI - Flexibility and Accountability Vocational Education - Operating Expenditures 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 - Build America Bonds ARRA-Qualified School Construction Bonds (QSCB) ARRA-Qualified Zone Academy Bonds (QZAB) School-Based Access Medicaid Reimbursement Program (SBAP) (ACCESS) 300, Medical Assistance Reimbursement For Administrative Claiming (Quarterly) Medical Assistance Reimbursements (ACCESS) - Early Intervention 0 REVENUE FROM FEDERAL SOURCES 639,290

6 Printed 6/12/ :17:15 PM v2.1 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 Permanent Fund Transfers Sale or Compensation for Loss of Fixed Assets Capital Contributions Transfers from Component Units Transfers from Primary Governments Intrafund Transfers In Other Financing Sources Not Listed in the 9000 Series 0 OTHER FINANCING SOURCES 0 TOTAL ESTIMATED REVENUES AND OTHER SOURCES 139,811,954

7 Printed 6/12/ :17:16 PM v2.1 Real Estate Tax Rate (RETR) Report for Multi-County Rebalancing Based on Methodology of Section of School Code Page C-1 Act 1 Index (current): 1.9% Calculation Method: Number of Decimals For Tax Rate Calculation: Approx. Tax Revenue from RE Taxes: Revenue 3 $92,276,897 Section Method Choice: (a)(3) Amount of Tax Relief for Homestead Exclusions + $2,387,230 Total Approx. Tax Revenue: $94,664,127 Approx. Tax Levy for Tax Rate Calculation: $98,759,968 Chester Montgomery Total I. II. III Data a. Assessed Value b. Real Estate Mills Data c STEB Market Value d. Assessed Value Calculations f Tax Levy $129,500, $164,784,730 $116,573,380 $3,574,100, $5,403,317,420 $3,672,887,367 $3,703,600,000 $5,568,102,150 $3,789,460,747 e. Assessed Value of New Constr/ Renov $0 $0 $0 (a * b) $3,334,107 $92,018,779 $95,352, Calculations g. Percent of Total Market Value % h. Rebalanced Tax Levy (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 $95,352,886 j. Weighted Avg. Collection Percentage % % % k. Tax Levy Needed $98,759,968 (Approx. Tax Levy * g) l Real Estate Tax Rate (k / d * 1000) m. Tax Levy Generated by Mills (l / 1000 * d) $3,038,019 $95,719,118 $98,757,137 n. Tax Levy minus Tax Relief for Homestead Exclusions $96,369,907 (m - Amount of Tax Relief for Homestead Exclusions) o. Net Tax Revenue Generated By Mills $92,274,186 (n * Est. Pct. Collection)

8 Printed 6/12/ :17:17 PM v2.1 Real Estate Tax Rate (RETR) Report for Multi-County Rebalancing Based on Methodology of Section of School Code Page C-2 Act 1 Index (current): 1.9% Calculation Method: Revenue Section Method Choice: (a)(3) Number of Decimals For Tax Rate Calculation: 3 Approx. Tax Revenue from RE Taxes: $92,276,897 Amount of Tax Relief for Homestead Exclusions + $2,387,230 Total Approx. Tax Revenue: $94,664,127 Approx. Tax Levy for Tax Rate Calculation: $98,759,968 Chester Montgomery Total IV. Index Maximums p. Maximum Mills Based On Index (i * (1 + Index)) s. Millage Rate within Index? (If l > p Then No) q. Mills In Excess of Index if (l > p), (l - p) r. Maximum Tax Levy Based On Index $3,058,314 $96,358,567 $99,416,881 (p / 1000) * d) if (m > r), (m - r) Yes Yes t. Tax Levy In Excess of Index $0 $0 $0 u. Tax Revenue In Excess of Index $0 $0 $0 (t * Est. Pct. Collection) Information Related to Property Tax Relief Assessed Value Exclusion per Homestead Number of Homestead/Farmstead Properties $7, $7,337 11,827 12,493 V. Median Assessed Value of Homestead Properties $148,645

9 Printed 6/12/ :17:17 PM v2.1 Real Estate Tax Rate (RETR) Report for Multi-County Rebalancing Based on Methodology of Section of School Code Page C-3 Act 1 Index (current): 1.9% Calculation Method: Number of Decimals For Tax Rate Calculation: Approx. Tax Revenue from RE Taxes: Revenue 3 $92,276,897 Section Method Choice: (a)(3) Amount of Tax Relief for Homestead Exclusions + $2,387,230 Total Approx. Tax Revenue: $94,664,127 Approx. Tax Levy for Tax Rate Calculation: $98,759,968 Chester Montgomery Total State Property Tax Reduction Allocation used for: Homestead Exclusions $2,387,230 Lowering RE Tax Rate $0 Prior Year State Property Tax Reduction Allocation used for: Homestead Exclusions $0 Amount of Tax Relief from State/Local Sources $2,387,230 $0 $2,387,230

10 Printed 6/12/ :17:17 PM v2.1 LOCAL EDUCATION AGENCY TAX DATA (TAXD) REAL ESTATE, PER CAPITA (SEC. 679), EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511) Page D-1 CODE 6111 Current Real Estate Taxes County Name Taxable Assessed Value Real Estate Mills Tax Levy Generated by Mills Amount of Tax Relief for Homestead Exclusions Tax Levy Minus Homestead Exclusions Percent Collected Chester 116,573, ,038, % Net Tax Revenue Generated By Mills Montgomery 3,672,887, ,719, % % % Totals: 3,789,460,747 98,757,137-2,387,230 = 96,369, % = 92,274,186 Rate Estimated Revenue 6120 Per Capita Taxes, Section , Current Act 511 Taxes - Flat Rate Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue 6141 Per Capita Taxes, Act 511 $5.00 $ , , Occupation Taxes - Flat Rate $5.00 $ , , 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 269, , Current Act 511 Taxes - Proportional Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue 6151 Earned Income Taxes, Act % 0.00% 9,800,000 9,800, Occupation Taxes - Proportional Rate Real Estate Transfer Taxes 0.50% 0.00% 1,700,000 1,700, 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 11,500,000 11,500,000 Total Act 511, Current Taxes 11,769,423 Act 511 Tax Limit ---> 5,568,102,150 X 12 66,817,226 Market Value Mills (511 Limit)

11 Printed 6/12/ :17:20 PM v2.1 Tax Rate Charged in: Tax Function Description (Rebalanced) 6111 Current Real Estate Taxes Percent Change in Rate Less than or equal to Index Index Comparison of Tax Rate Changes to Index (CTRI) Additional Tax Rate Charged in: (Rebalanced) vs Percent Change in Rate Page E-1 Less than or equal to Index Chester County % Yes Montgomery County % Yes 6120 Per Capita Taxes, Section 679 $5.00 $ % Yes Act 1 EIT/PIT 1.9% 1.9% 1.9% 6131 Earned Income Taxes, Act Personal Income Taxes, Act 1 Act 511 Flat Rate Taxes Per Capita Taxes, Act 511 $5.00 $ % Yes Occupation Taxes - Flat Rate $5.00 $ % Yes Local Services / Occupational Privilege Tax Trailer Taxes Business Privilege Taxes - Flat Rate Mechanical Device Taxes - Flat Rate 1.9% 1.9% 6149 Other Flat Rate Assessments Act 511 Proportional Rate Taxes Earned Income Taxes, Act % 0.500% 0.00% Yes Occupation Taxes - Proportional Rate Real Estate Transfer Taxes 0.500% 0.500% 0.00% Yes Amusement Taxes Business Privilege Taxes - Proportional Rate Mechanical Device Taxes - Percentage Mercantile Taxes Other Proportional Assessments 1.9% 1.9%

12 (10/2010) CERTIFICATION OF ESTIMATED ENDING FUND BALANCE FROM GENERAL FUND BUDGET 24 PS SCHOOL DISTRICT NAME Spring-Ford Area SD COUNTY NAME Montgomery AUN No school district shall approve an increase in real property taxes unless it has adopted a budget that includes an estimated, ending unreserved undesignated fund balance (unassigned) less than or equal to the specified percentage of its total budgeted expenditures: Total Budgeted Expenditures Fund Balance % Limit (less than or equal to) Less Than or Equal to $11,999,999 Between $12,000,000 and $12,999,999 Between $13,000,000 and $13,999,999 Between $14,000,000 and $14,999,999 Between $15,000,000 and $15,999,999 Between $16,000,000 and $16,999,999 Between $17,000,000 and $17,999,999 Between $18,000,000 and $18,999,999 Greater Than or Equal to $19,000, % 11.5% 11.0% 10.5% 10.0% 9.5% 9.0% 8.5% 8.0% Did you raise property taxes in SY (compared to )? Yes No If yes, see information below, taken from the General Fund Budget. Total Budgeted Expenditures Ending Unassigned Fund Balance Ending Unassigned Fund Balance as a percentage (%) of Total Budgeted Expenditures The Estimated Ending Unassigned Fund Balance is within the allowable limits. $143,811, $8,123, % Yes No I hereby certify that the above information is accurate and complete. SIGNATURE OF SUPERINTENDENT DATE DUE DATE: AUGUST 15, 2015 RETURN TO: PENNSYLVANIA DEPARTMENT OF EDUCATION BUREAU OF BUDGET AND FISCAL MANAGEMENT DIVISION OF SUBSIDY DATA AND ADMINISTRATION 333 MARKET STREET HARRISBURG, PA /12/ :17:22 PM

13 Printed 6/12/ :17:25 PM v2.1 ITEM ESTIMATED EXPENDITURES AND OTHER FINANCING USES: BUDGET SUMMARY AMOUNTS Page F Instruction 1100 Regular Programs - Elementary/Secondary 57,965, Special Programs - Elementary/Secondary 25,914, Vocational Education 2,659, Other Instructional Programs - Elementary/Secondary 43, Nonpublic School Programs Adult Education Programs Higher Education Programs Pre-Kindergarten 0 Total 1000 Instruction 86,583,115 Support Services 2100 Support Services - Pupil Personnel 4,911, Support Services - Instructional Staff 3,645, Support Services - Administration 7,202, Support Services - Pupil Health 2,057, Support Services - Business 960, Operation & Maintenance of Plant Services 12,159, Student Transportation Services 7,592, Support Services - Central 2,593, Other Support Services 111,700 Total 2000 Support Services 41,235,967 Operation of Non-instructional Services 3100 Food Services Student Activities 2,226, Community Services 58, Scholarships and Awards 0 Total 3000 Operation of Non-instructional Services 2,284,885 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 Other Expenditures and Financing Uses 5100 Debt Service 12,943, Interfund Transfers - Out 464, Transfers Involving Component Units Special and Extraordinary Items Budgetary Reserve 300,000 Total Other Financing Uses Total Estimated Expenditures and Other Financing Uses Appropriation of Prior Year Fund Balance 130,103,967 13,707, ,811,954 0 Total Appropriations Ending Committed, Assigned and Unassigned Fund Balance 143,811,954 14,751,800

14 Printed 6/12/ :17:26 PM v2.1 ESTIMATED EXPENDITURES AND OTHER FINANCING USES: DETAIL Page G-1 Function-Object Description Amounts 1000 INSTRUCTION 1100 Regular Programs - Elementary/Secondary 100 Personnel Services-Salaries 32,505, Personnel Services-Employee Benefits 17,964, Purchased Professional & Technical Services 1,583, Purchased Property Services 1,319, Other Purchased Services 2,103, Supplies 1,739, Property 744, Other Objects 4,500 Total Regular Programs - Elementary/Secondary 57,965, Special Programs - Elementary/Secondary 100 Personnel Services-Salaries 12,110, Personnel Services-Employee Benefits 8,190, Purchased Professional & Technical Services 2,323, Other Purchased Services 3,024, Supplies 161, Property 103, Other Objects 2,100 Total Special Programs - Elementary/Secondary 25,914, Vocational Education 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Professional & Technical Services Other Purchased Services 1,429, Supplies Other Objects 1,229,771 Total Vocational Education 2,659, Other Instructional Programs - Elementary/Secondary 100 Personnel Services-Salaries 30, Personnel Services-Employee Benefits 10, Purchased Professional & Technical Services 3, Other Purchased Services Supplies Other Objects 0 Total Other Instructional Programs - Elementary/Secondary 43,548

15 Printed 6/12/ :17:26 PM v2.1 ESTIMATED EXPENDITURES AND OTHER FINANCING USES: DETAIL Page G-2 Function-Object Description Amounts 1500 Nonpublic School Programs 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Professional & Technical Services Other Purchased Services Supplies Other Objects 0 Total Nonpublic School Programs Adult Education Programs 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Professional & Technical Services Other Purchased Services Supplies 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 Professional & Technical Services Other Purchased Services Supplies Other Objects 0 Total Pre-Kindergarten 0 Total Instruction 86,583,115

16 Printed 6/12/ :17:26 PM v2.1 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 2,857, Personnel Services-Employee Benefits 1,691, Purchased Professional & Technical Services 152, Other Purchased Services 6, Supplies 161, Other Objects 42,550 Total Support Services - Pupil Personnel 4,911, Support Services - Instructional Staff 100 Personnel Services-Salaries 1,968, Personnel Services-Employee Benefits 1,198, Purchased Professional & Technical Services 123, Purchased Property Services 21, Other Purchased Services 8, Supplies 314, Property 1, Other Objects 10,050 Total Support Services - Instructional Staff 3,645, Support Services - Administration 100 Personnel Services-Salaries 4,034, Personnel Services-Employee Benefits 2,240, Purchased Professional & Technical Services 652, Purchased Property Services Other Purchased Services 189, Supplies 38, Other Objects 46,900 Total Support Services - Administration 7,202, Support Services - Pupil Health 100 Personnel Services-Salaries 761, Personnel Services-Employee Benefits 527, Purchased Professional & Technical Services 711, Purchased Property Services Other Purchased Services Supplies 57, Other Objects 0 Total Support Services - Pupil Health 2,057,966

17 Printed 6/12/ :17:26 PM v2.1 ESTIMATED EXPENDITURES AND OTHER FINANCING USES: DETAIL Page G-4 Function-Object Description Amounts 2500 Support Services - Business 100 Personnel Services-Salaries 567, Personnel Services-Employee Benefits 355, Purchased Professional & Technical Services 7, Purchased Property Services 4, Other Purchased Services 22, Supplies 3, Other Objects 1,000 Total Support Services - Business 960, Operation & Maintenance of Plant Services 100 Personnel Services-Salaries 3,042, Personnel Services-Employee Benefits 2,094, Purchased Professional & Technical Services 89, Purchased Property Services 5,331, Other Purchased Services 371, Supplies 1,113, Property 105, Other Objects 13,150 Total Operation & Maintenance of Plant Services 12,159, Student Transportation Services 100 Personnel Services-Salaries 98, Personnel Services-Employee Benefits 76, Purchased Professional & Technical Services 5, Purchased Property Services 5, Other Purchased Services 7,406, Supplies Other Objects 250 Total Student Transportation Services 7,592, Support Services - Central 100 Personnel Services-Salaries 1,106, Personnel Services-Employee Benefits 730, Purchased Professional & Technical Services 125, Purchased Property Services 89, Other Purchased Services 177, Supplies 363, Other Objects 1,600 Total Support Services - Central 2,593,588

18 Printed 6/12/ :17:26 PM v2.1 ESTIMATED EXPENDITURES AND OTHER FINANCING USES: DETAIL Page G-5 Function-Object Description Amounts 2900 Other Support Services 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Professional & Technical Services Other Purchased Services 111, Supplies Other Objects 0 Total Other Support Services 111,700 Total Support Services 41,235, OPERATION OF NON-INSTRUCTIONAL SERVICES 3100 Food Services 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Professional & Technical Services Other Purchased Services Supplies Other Objects 0 Total Food Services Student Activities 100 Personnel Services-Salaries 1,215, Personnel Services-Employee Benefits 512, Purchased Professional & Technical Services 78, Purchased Property Services 69, Other Purchased Services 199, Supplies 63, Property 59, Other Objects 28,750 Total Student Activities 2,226,339

19 Printed 6/12/ :17:26 PM v2.1 ESTIMATED EXPENDITURES AND OTHER FINANCING USES: DETAIL Page G-6 Function-Object Description Amounts 3300 Community Services 100 Personnel Services-Salaries 40, Personnel Services-Employee Benefits 13, Purchased Professional & Technical Services Other Purchased Services Supplies 5, Other Objects 0 Total Community Services 58, Scholarships and Awards 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Professional & Technical Services Other Purchased Services Supplies Other Objects 0 Total Scholarships and Awards 0 Total Operation of Non-instructional Services 2,284, FACILITIES ACQUISITION, CONSTRUCTION AND IMPROVEMENT 4000 Facilities Acquisition, Construction and Improvement Services 100 Personnel Services-Salaries Personnel Services-Employee Benefits Purchased Professional & Technical Services Other Purchased Services Supplies 0 Total Facilities Acquisition, Construction and Improvement Services OTHER EXPENDITURES AND FINANCING USES 5100 Debt Service 800 Other Objects 4,073, Other Uses of Funds 8,870,000 Total Debt Service 12,943, Interfund Transfers - Out 900 Other Uses of Funds 464,953 Total Interfund Transfers - Out 464,953

20 Printed 6/12/ :17:26 PM v2.1 ESTIMATED EXPENDITURES AND OTHER FINANCING USES: DETAIL Page G-7 Function-Object Description Amounts 5300 Transfers Involving Component Units 900 Other Uses of Funds 0 Total Transfers Involving Component Units Special and Extraordinary Items 800 Other Objects Other Uses of Funds 0 Total Special and Extraordinary Items Budgetary Reserve 800 Other Objects 300,000 Total Budgetary Reserve 300,000 Total Other Expenditures and Financing Uses 13,707,987 TOTAL EXPENDITURES 143,811,954

21 Printed 6/12/ :17:27 PM v2.1 SCHEDULE OF CASH AND INVESTMENTS (CAIN) Page H-1 06/30/2015 Estimate 06/30/2016 Projection CASH AND SHORT-TERM INVESTMENTS General Fund 8,123,700 8,123,700 Special Revenue Fund Athletic/School-Sponsored Extra Curricular Activities 0 0 Other Comptroller-Approved Special Revenue Fund 0 0 Capital Projects Fund Capital Reserve Fund ,909,500 13,909,500 Capital Reserve Fund Capital Projects Fund Other 0 0 Debt Service Fund 8,043,300 8,943,300 Enterprise Fund (Food Service, Child Care) 562, ,600 Internal Service Fund 8,630,500 8,630,500 Fiduciary Trust Fund (Investment, Pension) 0 0 Agency Fund 0 0 Total Cash and Short-Term Investments 39,269,600 40,169,600 LONG-TERM INVESTMENTS General Fund 0 0 Special Revenue Fund Athletic/School-Sponsored Extra Curricular Activities 0 0 Other Comptroller-Approved Special Revenue Fund 0 0 Capital Projects Fund Capital Reserve Fund Capital Reserve Fund Capital Projects Fund Other 0 0 Debt Service Fund 0 0 Enterprise Fund (Food Service, Child Care) 0 0 Internal Service Fund 0 0 Fiduciary Trust Fund (Investment, Pension) 0 0 Agency Fund 0 0 Total Long-Term Investments 0 0 TOTAL CASH AND INVESTMENTS 39,269,600 40,169,600

22 Printed 6/12/ :17:27 PM v2.1 SCHEDULE OF INDEBTEDNESS (DEBT) Page I-1 LONG-TERM INDEBTEDNESS 06/30/2015 Estimate 06/30/2016 Projection Extended Term Financing Agreements Payable 0 0 Other Long-Term Liabilities 0 0 Bonds Payable 121,858, ,909,975 Lease-Purchase Obligations 0 0 Accumulated Compensated Absences 0 0 Authority Lease Obligations 0 0 TOTAL LONG-TERM INDEBTEDNESS 121,858, ,909,975 SHORT-TERM PAYABLES General Fund 0 0 Other Funds 0 0 TOTAL SHORT-TERM PAYABLES 0 0 TOTAL INDEBTEDNESS 121,858, ,909,975

23 Printed 6/12/ :17:28 PM v2.1 Fund Balance Summary (FBS) Page J-1 Account Description Amounts 0830 Estimated Ending Committed Fund Balance 4,000,000 Explanation: Future PSERS Commitment 0840 Estimated Ending Assigned Fund Balance 2,627,900 Explanation: Assessment appeals 0850 Estimated Ending Unassigned Fund Balance 8,123,900 Explanation: unassigned fund balance below 8% cap Total Ending Fund Balance - Committed, Assigned, and Unassigned 14,751, Budgetary Reserve 300,000 Explanation: Unforeseen expenditures Total Estimated Ending Committed, Assigned, and Unassigned Fund Balance and Budgetary Reserve 15,051,800 Estimated Ending Nonspendable and Restricted Fund Balances Not Scheduled for Liquidation 2,078,900 Explanation: