/JR.tJ'?D~ED FINAL GENERAL FUND BUDGET

Transcription

1 LEA Name : Avon Grove SD Class: 2 AUN Number: U41!1U!IUJ County : Chester /JR.tJ'?D~ED FINAL GENERAL FUND BUDGET Fiscal Year General Fund Budget Approval Date ofadoption of the General Fund Budget: 04/27/2017 President of the oard.orig! Signature Required 1./.. ~7, I 7 Secretary of the Board Original Signature Required Date Date Daniel Carsley Contact Person (610 ) Extn :50200 Telephone Extension dcarsley@avongrove.org Address Pnnted 4/27/2017 1:47:39 PM Page 1

2 (10/201 O} CERTIFICATION OF ESTIMATED ENDING FUND BALANCE FROM GENERAL FUND BUDGET 24 PS SCHOOL DISTRICT : COUNTY ~ AUN ; Avon Grove SO Chester 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, % Between $12, and $12,999, % Between $ 13, and $13,999, % Between $ 14,000.,000 and $14,999, % Between $15,000,000 and $15,999, % Between $16,000,000 and $16,999, % Between $17,000,000 and $17,999,999 Between S18,000,000 and $18,999, % 8.5% Greater Than or Equal to S19,000, % 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 (%) oftotal Budgeted Expendilures $ $ % The Estimated Ending Unassigned Fund Balance is wilh1n the allowable limits. Yes No I hereby certify that the above information Is accurate and complete. SIGNATURE OF SUPERINTENDENT DATE DUE DATE AUGUST 15, 2017 Printed 4/27/2017 1:47.40 PM Page2

3 FOR PUBLIC INSPECTION OF PROPOSED BUDGET 24 PS 6-6B7(a)(1) (03/2006) School District Name : Avon Grove SD County: Chester AUN Number: Section 687(a)(1) of the School Code requires the president of the board of school directors of each school district to certify lo the Department of Education that the proposed budget was prepared, presented and will be made available for public inspection using the uniform form prepared and furnished by the Department of Education. I hereby certify that the above Information is accurate and complete. SIGNATURE OF SCHOOL BOARD PRESIDENT B~ DATE DUE DATE: IMMEDIATELY FOLLOWING ADOPTION OF PROPOSED FINAL GENERAL FUND BUDGET Printed 4127/2017 1;47:40 PM Paga 3

4 Final General Fund Budget Validations LEA: Avon Grove SD Printed 4/ :47:41 PM Page - 1 of 1 Val Number 8060 Description Ending Fund Balance Entry and Budgetary Reserve: If 5900 Budgetary Reserve is not equal to 0, a justification must be entered below. Justification Budgelary Reserve for unexpected expenditures 8080 Ending Fund Balance Entry and Budgetary Reserve: If0850 Estimated Ending Unassigned Fund Balance Is not equal too. a justification must be entered below. General Fund allowable below 8% 8150 Ending Fund Balance Entry and Budgetary Reserve: If 0830 Committed Fund Balance is not equal lo 0, a justification must be entered below, Commilled Fund Balance was set aside several years ago to help offset increase In PSERS 8160 Ending Fund Balance Entry and Budgetary Reserve: If 0840 Assigned Fund Balance is not equal to 0, a jusufication must be entered below. Assigned Fund Balance is for Future Capital Projects p.age 4

5 Final General Fund Budget. LEA: Avon Grove SD Prinled 4127/ :42 PM Estimated Revenues and Other Financing Sources: Budget Summary Page - 1 of 1 AMOUNTS Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year 0810 Nonspendable Fund Balance Restricted Fund Balance 0830 Commilled Fund Balance 0840 Assigned Fund Balance 9,231,672 7,488, Unassigned Fund Balance 6,059,986 Total Estimated Beginning Unreseived Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year $22,780,647 Estimated Revenues And Other Financing Sources 6000 Revenue rrom Local Sources 59,377, Revenue from State Sources 27,077, Revenue from Federal Sources 664, Other Financing Sources Total Estimated Revenues And Other Financing Sources Total Esllmated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation se1,120,333 $109, Pag;e 5

6 Final Generlll Fund Budget Estimated Revenues and Other Financing Sources: Detall LEA: Avon Grove SD Printed 4/ :47;42 PM Page - 1 of 1 REVENUE FROM LOCAL SOURCES 6111 Current Real Estate Taxes 6112 Interim Real Estate Taxes 6113 Public UUllty Realty Taxes 6150 Current Act 511 Taxes T Proportional Assessmenls 6400 Delinquencies on Taxes Levied I Assessed by the LEA 6500 Earnings on Investments 6700 Revenues from LEA Activities 6800 Revenues from Intermediary Sources I Pass-Through Funds 6910 Rentals 6940 Tuition from Patrons 6990 Refunds and Other Miscellaneous Revenue REVENUE FROM LOCAL SOURCES REVENUE FROM STATE SOURCES 7110 Basic Education Funding 7160 Tuftion for Orphans Subsidy 7220 Vocational Education 7250 Migratory Children 7271 Special Education lunds for School-Aged Pupils 7311 Pupil Transportation Subsidy 7320 Rental and Sinking Fund Payments I Building Reimbursement Subsidy 7330 Health Services (Medical, Dental, Nurse, Act 25) 7505 Ready lo Learn Block Grant 7810 State Share of Social Security and Medicare Taxes 7820 State Share of Retirement Contributions REVENUE FROM STATE SOURCES REVENUE FROM FEDERAL SOURCES 8514 NCLB, Title I Improving the Academic Achievement of lhe Disadvanlaqed 8515 NCLB, Tille II T Preparing, Training and Recruiting Hlgh Quality Teachers and Principals 8516 NCLB, Tille Ill Language Instruction for Limited English Proficient and lmmlqrant Students 881 O School-Based Access Medicaid Reimbursement Program jsbap) Reimbursements (Access) REVENUE FROM FEDERAL SOURCES TOTAL ESTIMATED REVENUES AND OTHER SOURCES 55,041, ,000 56, ,000 1,550, , , ,000 60,000 20,000 94,000 S59,3n,e31 14,970,000 40,000 1,053 2,000 2,519,855 2,000, , ,725 1,250,000 5,100,000 $27,077, ,000 98, ,000 99,869 $664,869 87,120,333 Page 6

7 Final General Fund Budget AUN: Avon Grove SD Prinled 4/27/ :43 PM n11.., J;~ldlts I da n,ua \IU. I "I I \.ltf"mi 1 Multi-County Rebalancing Based on Methodology of Section of School Code Page - 1 of 3 Act 1 Index (current): 3.3% Calculatlon Method: Number of Decimals For Tax Rate Calculation: Approx. Tax Revenue from RE Taxes: Amount oftax Rellef for Homestead Exclusions Total Approx. Tax Revenue: Approx. Tax Levy for Tax Rate Calculation: Revenue 3 $55,042,311 tu $55,042,311 $56,744,651 Chester Total Data a. Assessed Value b. Real Eslale Mills I Data c, 2015 STEB Markel Value d. Assessed Value e. Assessed Value of New Constr/ Renov $1,904,000, $2. 727,625,683 $1,906,085,186 so $1,904,000,000 $2,727,625,683 $1,906,085,186 $ Calculations f Tax Levy {a bl S55,292, 160 $55,292, B Calculations II. g. Percent of Total Market Value h. Rebalanced Tax Levy % $55, % $55,292, 160 (f Tolal g) 1. Base Mflls Subject lo Index th I a 1000) if no reassessment (h / (d-e) 1000) ifreassessment Calculation of Tax Rates and Levies Generated j. Weighled Avg. Collection Percentage % % k. Tax Levy Needed $56,744,651 $56,744,651 (Approx. Tax Levy g) I Real Estate Tax Rate Ill. (k / d 1000) m. Tax Levy Generated by MIiis $56,744,156 S56.744,156 (I/ 1000 d) n. Tax Levy minus Ta)( Relief for Homestead Exclusions $56,744,156 (m - Amount of Tax Relief for Homestead Exduslons) o. Net Tax Revenue Generated By Mills $55,041,831 (n Est. Pel. Collection)

8 Final General fund Budget AUN: Avon Grove SO Printed 4127/2017 1:47:43 PM Real Estate Tax Rate (RETR) Report Multi-County Rebalancing Based on Methodology of Section of School Code Page - 2 of 3 Act 1 Index (current): 3.3% Calculatlon Method: Number of Declmals For Tax Rate Calculation: Approx. Tax Revenue from RE Taxes; Amount of Tax Rellef for Homestead Exclusions Total Approx. Tax Revenue: Approx. Tax Levy for Tax Rate Calculation: Revenue 3 $55,042,311 l!!. $55,042,311 $56,744,651 Chester Tot;d 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 IV, (p / 1000' d) s. Millage Rate within Index? (If I > p Then No) I. Tax Levy In Excess of Index (1f (m > r), (m - r)) u.tax Revenue ln Excess of Index (t Est. Pct. Colleclion) $57,179,315 Yes so $0 $ $0 V. Information Related to Property Tax Rellef Assessed Value Exclusion per Homestead Numberor Homestead/Fannslead Properties Median Assessed Value of Homestead Properties so $169,600 Paga8

9 Final General t-und ttudget AUN: Avon Grove SD Pnnted :47:43 PM Act 1 Index (current): 3,3% Calculation Method: Number of Decimals For Tax Rate Calculation: Approx. Tax Revenue from RE Taxes: Amount of Tax Relief for Homestead Exclusions Total Approx. Tax Revenue: Approx. Tax Levy for Tax Rate Calculation: Revenue 3 $55,042,311 ll $55,042,311 $56,744,651 Chester r'\tfdl L:llld\lS I da l'\.d\u \l'\.l.. I,,, na~u IL Multi-County Rebalancing Based on Methodology of Section of School Code Page - 3 of 3 Total State Property Tax Reduction Allocation used ror. Homestead Exclusions Pnor Year Slale Property Tax Reduclion Allocation used for: Homestead Exclusions Amount of Tax Relief from State/Local Sources so so Lowering RE Tax Rate so!cl so Page 9

10 Final General Fund Budget Local Education Agency Tax Data LEA : Avon Grove SD REAL ESTATE, PER CAPITA (SEC. 679 EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511 ) Printed 4/ :47:44 PM Page, 1 of Cu1Ten1 Beal EstateTages II! Le,yy Mlims t1nmestead Nel Tax Revenue ~x.5.!\ fsws Generated P:ertenl Co~ecled By Mills County Name :raxabte A sn:sed'{arue; l;kali state Mt11s I ax Levy Generated I»( Mills Chester 1, ,744, %. :, Totals: 1,906,085,186 56,744, ,744,156 X % ~ 55,041,831 Rate Estimated Revenue 6120 cun:en1ee,cap~ajax&s sec1ton.6z9 SO.OD SdJuent A~ 511 Taxes ~ Etru Raio~ ~ ~ IA'i{aogU Tax Lew Estimat!ld BmoH 6141 Current Act 511 Per Capita Taxes SO.DO $ Current Act 511 Occupation Taxes - Fial Rate SO.OD $0, Current Act 511 Local Services Taxes SO.DO $0, Current Act 511 Trailer Taxes SO.OD SO.OD Current Act 511 Business Privilege Taxes - Flat Rate $0.00 S Current Act 511 Mechanical Device Taxes - Flat Rate $0.00 $ Current Act 511 Taxes, Other Flat Rate Assessments SO.OD SO.OD 0 0 Total Current Act 511 Taxes-Flat Rate Assessments Cune,m Act s11 Taxes - Progortfpnal Assessmoot!'.I 8a!g &,d! Rat11 (if s!l:u!t).in.lm; &omated Bfmoue 6151 Current Act 511 Earned Income Taxes 0.000% 0.000% Current Act 511 Occupation Taxes , Current Act 511 Real Estate Transfer Taxes 0,500% 0.000% 800, , Current Act 511 Amusement Taxes 0.000% 0.000% Current Act 511 Business Privilege Taxes Current Act 511 Mechanical Device Taxes - Percentage 0.000% 0.000% Current Act 511 Mercanlile Taxes Current Act 511 Taxes, Other Proportional Assessments Total Current Act 511 Taxes - Proportional Assessments 800, ,000 Total Act 511, Current Taxes 800,000 Act 511 Tax Limit -> 2,727,625,683 X 12 32,731,508 Market Value MIiis (511 Limit) Page 10

11 B Final General Fund Budget. LEA: Avon Grove 50 Printed 4/27/2017 1:47:45 PM Comparison of Tax Rate Changes to Index Page 1 of 1 Tax Functlo n Descrlptlon Tax Rate Charged In: (Rebalanced) Percent Change in Rate Less than or equal to Index Index Addillonal Tax Rate Charged in: (Rebalanced) Percent Change in Rate Less than or equal to Index 6111 Quimal B1rnl E:ilale Ia11e::1 Chester % Yes 3.3% Curr~nt A!,\ 511 li!xe~ - Pr2112tlional Assessments 6153 Current Acl 511 Real Estate Tran5ler Tax11-s 0.500% 0.500% 0.00% Yes 3.3%

12 Ffnal General Fund Budget LEA ; Avon Grove SD Printed 4/21/2017 1:47.:45 PM Estimated Expenditures and Other Financing Uses: Budget Summary Page - 1 of 1 DescrlRlfon 1000 Instruction 1100 Regular Programs - Elementary I Secondary 1200 Special Programs - Elementary I Secondary 1300 Vocational Education 1400 Other Instructional Programs - Elementary I Secondary Total Instruction 2000 Support Services 2100 Support Services - Students 2200 Support Services - Instructional Staff 2300 Support Services - Administration 2400 Support Services - Pupil Health 2500 Support Services - Business 2600 Operation and Maintenance of Plant Services 2700 Student Transportation Services 2800 Support Services - Central 2900 Other Support Services Total Support Services 3000 Operation of Non-Instructional Services 3200 Student Activilies Total Operation of Non-Instructional Services 4000 Facllltles Acquisition, Construction and Improvement Services 4000 Facilities Acquisition, Construction and Improvement Services Total Facllltles Acquisition, Construction and Improvement Services 5000 Other Expenditures and Financing Uses 5100 Debt Service / Other Expenditures and Financin 111 Uses 5200 lnterfund Transfers - Out 5900 Budgetary Reserve Total Other Expenditures and Financing Uses Total Estimated Expendlturas and Other Financing Uses 41,569,905 14,064, , ,557 $59,204, ,792 2,718,807 3,956, , ,063 4,051,199 6,122,393 3,125,390 87,628 $25,791,542 1, $1,183,332 50,000 $50,000 4,830,365 1,850, ,000 $7,580,365 $93.809,999 Page 12

13 20: Final General Fund Budget LEA: Avon Grove SD Printed 4/27/ :47:45 PM Description Estimated Expenditures and Other Financing Uses: Detail Page- 1 of 4 AmQ.!ID Instruction 1100 Regular programs - Elementary I Secondary 100 Personnel Services - Salaries 200 Personnel Services - Employee Benefits 300 Purchased Proressional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 700 Property 800 Olher Objects Total Regular Programs Elementary/ Secondary 1200 Special Programs - Elementary I Secondary 100 Personnel Services - Salarias 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 700 Property 800 Other Objects Total Special Programs Elementary/ Secondary 1300 Vocational Education 300 Purchased Proressional and Technical Services Total Vocational Education 1400 Other Instructional Programs Elementary I Secondary 100 Personnel Services - Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 500 Other Purchased Services 600 Supplies Total Other lnatructlonal Programs - Elementary/ Secondary Total Instruction 2000 Support Services 2100 Support Services - Students 100 Personnel Services - Salaries 200 Personnel Services - Employee Benelils 300 Purchased Prolessional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 800 Other Ob1ects Total Support Services - Students 2200 Support Services lostructlonal Staff 20,594,661 12,836, , ,229 6,760, ,190 29,000 96,800 $41,569,905 3,330,918 2, ,548,300 1,000 3,838, ,565 6,000 5,100 $14,064,665 3,405,633 $3,405,633 51,500 19,257 32,300 60,500 1,000 $164,557 $59,204,760 2,234,171 1,404, ,000 5,500 21,850 49,875 59,000 $3,885, Personnel Services - Salaries Page 13 1,215,810

14 Final General Fund Budget LEA: Printed 4/27/2017 1:47:45 PM Descrjptjon Avon Grove SD 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 500 Other Purchased Services 600 Supplies 700 Property 800 Other Objects Total Support Services Instructional Staff 2300 SypRQ[t_Seryice1 Administration 100 Personnel Services - Salaries 200 Personnel Services - Employee Benelils 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 800 Other Objecls Total Support Services -Administration 2400 Supiiort Services Pupil Health 100 Personnel Services - Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies Total Support Services - Pupil Health 2500 Sypport Seryjces Business 100 Personnel Services Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 700 Property 800 Other Objects Total Support Services Business 2&00 Op,erattoo and Majntenan,a ofplant Services 100 Personnel Services - Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 600 Other Objects Estimated Expenditures and Other Financing Uses: Detail Total Operation and Maintenance of Plant Services $4,051, Student Transportation Services 100 Personnel Services - Salaries Page 14 49,210 Page - 2 of 4 6m2Wlt 798, ,830 35,000 2,315 $2,718,807 2,033,995 1, ,000 17, , ,998 $3,956,n1 537, ,014 7,200 8,615 2,400 24,200 $924, , ,127 17, ,000 15,250 10,000 6,000 $919, , , ,280 1,801, ,700 1,078,900 3,500

15 2Q Final General Fund Budget LEA: Printed 4127/ :47:45 PM Description Avon Grove SD 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 500 Other Purchased Services 600 Supplies Total Student Transportation Services 2800 Support Services Central 100 Personnel Services - Salanes 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 700 Property 800 Olher Objects Total Support Services Central 2900 Other Support Services 500 Other Purchased Services 600 Olher Objects Total other Support Services Total Support Services 3000 Operation of Non-Instructional Services 3200 Student Activities 100 Personnel Services - Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Servicei 600 Supplies 700 Property 800 Olher Objects Total Student Activities Total Operation of Non-lnstructlonal Services 4000 Facilities Acquisition, Construction and Improvement Services 4000 FaciUties Acquisition, Construction and Improvement Services 400 Purchased Property Services Total Facilities Acquisition, Construction and Improvement Services Total Facilities Acqulaltlon, Construction and Improvement Services 5000 Other Expenditures and Financing Uses 5100 Debt Service I other Expenditures and Financing Uses 800 Other Objects 900 Other Uses of Funds Total Debt Service / Other Expenditures and Financing Uses 5200 loterfund Transfers out Page 15 Estimated Expenditures and Other Financing Uses: Detail Page - 3 of 4 Amount 29, ,035,369 7,708 $6,122, , , ,500 8, ,500 1,028,750 3,000 $3,125,390 32,628 55,000 $87,628 $25,791, , , ,700 43, ,150 76,875 15,000 11,300 $1,183,332 $1,183,332 50,000 $50,000 $50,000 1,990,365 2,840,000 $4,830,365

16 Final General Fund Budget LEA ; Prinled 4/27/ :47:45 PM Avon Grove SD D.t;1'ffRfuul 900 Olher Uses of Funds Total lnterfund Transfers - Out 5900 Budgetary Reserye 800 Olher Objects Total Budgetary Reserve Total Other Expenditures and Financing Uses TOTAL EXPENDITURES Estimated Expendltures and Other Financing Uses: Detail Page- 4 of 4 &m!.um 1,850,000 $1,850, $900,000 $7,580,365 $93,809,999 Page 16

17 20_ Final General Fund Budget LEA: Avon Grove SD Printed 4/27/2017 1:47:46 PM Cash and Short-Term Investments 06/30/2017 Estimate 06/30/2018 Pro!ectlon General Fund 28,975,000 22,285,000 Page 1 of 2 Public Purpose (Expendable) Trust Fuoo Other Comptroller-Approved Special Revenue Fund!! Athletic/ School-Sponsored Exira Curricular Activities Fund Capital Reserve Fund- 690, 1850 Capilal Reserve Fund Other Capital Projects Fund 2,425,000 2, Debi Service Fund Food Service / Cafeteria Operations Fund 350, ,000 Child Care Operations Fund Other Enterprise Funds Internal Service Fund 3,000,000 3,200,000 Private Purpose Trust Fund Investment Trust Fund Pension Trust Fund Activity Fund 157, ,000 Other Agency Fund Permanent Fund Total Cash and Short-Term Investments $34,907,000 $28,214,000 Long-Term Investments 06/30/2017 Estimate 06/30/2018 Pro!ectlon General Fund Public Purpose (Expendable) Trust Fund Other Comptroller-Approved Special Revenue Funds Athletic I School-Sponsored Extra Curricular Activities Fund Capilal Reserve Fund - 690, 1850 Capital Reserve Fund Other Capital Projects Fund Debt Service Fund Food Service I Cafeteria Operations Fund Child Care Operations Fund Other Enterprise Funds Internal Service Fund Private Purpose Trust Fund Investment Trust Fund Pension Trust Fund Aclivity Fund Olher Agency Fund Page 17

18 Final General Fund Budget Schedule Of Cash And Investments (CAIN) LEA : Avon Grove SD Printed 4/ ,47:46 PM Page - 2 of 2 Long-Term Investments 0 130/2017 Estimate 06/30/2018 Projection PennanentFund Total Long-Term Investments TOTAL CASH AND INVESTMENTS $34,907,000 $28,214,000 Page 18

19 Final General Fund Budget ~~lltluultl UI IIIUIIUltlUlltl"" \UCO I I LEA: Avon Grove SD Printed 4127/2017 1;47:46 PM Page- 1 of 6 Long-Term Indebtedness 06(30/2017 Estima_!! 06/30/2018 Projection General Fund 18,445,000 15,605, Lease-Purchase Obllgatfons 0540 Aocumulated Compensated Absences 1,245,000 1,247, Authority Lease Obligations 20,000 10, Other Post-Employment Benefits (OPEB) 0599 Other long-term Liabilities Total General Fund $19,710,000 $16,882,000 Public Purpose (Expendable) Trust Fund 0530 Lease-Purchase Obligations 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPES) 0599 Other long-term Liabilities Total Public Purpose (Expendable) Trust Fund Other Comptroller-Approved Speclal Revenue Funds 0530 Lease-Purchase Obligations 0550 Authority Lease Obligations 0560 Other Post-Employment Benelils (OPEB) 0599 Other Long-Term Liabilitles Total Other Comptroller-Approved Speclal Revenue Funds Athletic / School-Sponsored Extra Curricular Activities Fund 0530 Lease-Purchase Obllgalions 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPES) 0599 Other Long-Term Liabilities Total Athletic I School-Sponsored Extra Cunlcular Activities Fund Capital Reserve Fund - 690, 1850 Page 19

20 Final General Fund Budget LEA: Avon Grove SD Printed :47:46 PM Long-Term Indebtedness 0530 Lease-Purchase Obligations os1301io11 Estimate Schedule Of Indebtedness IDEBT) Projection Page- 2 of Authority Lease Obligations 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long-Term Liabilities Total Capital Reserve Fund - 690, 1850 Capltal Reserve Fund Extended.Term Financing Agreements Payable 0530 Lease-Purchase Obligations 0550 Aulhority Lease Obligations 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long.Term Liabilities Total Capital Reserve Fund Other Capital Projects Fund 0530 Lease-Purchase Obligations 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long-Term Llab11ities Total Other Capita! Projects Fund Debt Service Fund 0520 Extended-Term F1mincing Agreements Payable 0530 Lease-Purchase Obligations 0550 Authority Lease Obligatlons 0560 Other Post-Employment Benefits (OPEBI 0599 Other Long-Term Liabilities Total Debt Service Fund Food Service/ Cafeteria Operations Fund 0530 Lease-Purchase Obligations 0550 Authonty Lease Obllgallons Page 20

21 2~ Flnal General Fund Budget LEA: Avon Grove SD Printed :47:46 PM Long-Tenn Indebtedness 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long-Term Uabililies Total Food Service I Cafeteria Operations Fund Child Care Operations Fund 0530 Lease-Purchase Oblfgalions 0540 Accumulaled Compensaled Absences 0550 Aulhority Lease Obligations 0560 Other Post-Employment Benefils (QPEB) 0599 Other Long-Term Liabilities Total Chlld Care Operations Fund Other Enterprise Funds 0530 Lease-Purchase Obligations 0540 Accumulaled Compensated Absences 0550 Aulhorily Lease Obligalions 0560 Olher Posl-Employment Benefits (OPEB) 0599 Other Long-Term Liabilities Total Other Enterprise Funds Internal Service Fund 0520 Extended-Term Financing Agreemenls Payable 0530 Lease-Purchase Obllgalions 0540 Accumulaled Compensated Absences 0550 Aulhorily Lease Obligalions 0560 Other Post-Employment Benefits (OPES) 0599 Other Long-Term Liabilities Total Internal Service Fund Private Purpose Trust Fund 0530 Lease-Purchase Obligalions OSSO Authority Lease Obligations 0560 Other Post-Employment Benefils (OPEB) 0599 Other Long-Term Liabihties Total Private Purpose Trust Fund Page 21 ~&;llttuultt UI IIIUIIUlllUIIII"' \UCD I/ 06/30/2017 Estimate 06/30/2018 Projection Page. 3 of 6

22 Final General Fund Budget LEA: Avon Grove SD Ponied 4/ :47:46 PM Long-Term Indebtedness Schedule Of Indebtedness (DEBTI 06/30/2017 Estimate 06l30/20j8,frojegUon Page 4 of 6 Investment Trust Fund 0530 Lease-Purchase Obligations 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long-Term Liabilities Total Investment Trust Fund Pension Trust Fund 0530 Lease-Purchase Obllgallons 0550 Authority Lease Obligations: 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long-Term L1abililies Total Pension Trust Fund Activity Fund 0530 Lease-Purchase Obligations 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long-Term Llabilltles Total Activity Fund Other Agency Fund 0530 Lease-Purchase Obligations 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long-Term Liabilities Total Other Agency Fund Permanent Fund Page 22

23 Flnal General Fund Budget ;:tciihuultf VI IIIUHUtHUIIH!ili luic;p I J LEA: Avon Grove SO Printed 4/27/2017 1:47:46 PM Page- 5 of 6 Long-Term Indebtedness 06/30/2017 Estimate Projection 0530 Lease-Purchase Obligations 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPEB) 0599 Other Long-Term Liabilities Total Permanent Fund Total Long-Tenn Indebtedness $19,710,000 $16,862,000 Page 23

24 Final General Fund Budget Schedule Of Indebtedness (DEBT) LEA: Avon Grove SD PrintEHl 4/ :47:46 PM Page 6 of 6 Short-Term Payables 0 ( Estimate P (l0t201e Pcplectlon General Fund Public Purpose (Expendable) Trusl Fund Other Comptroller-Approved Special Revenue Funds Alhletic / School-Sponsored Exira Curricular Aclivilies Fund Capilal Reserve Fund ~ 690, 1850 Capital Reserve Fund Olher Capital Projects Fund Debt Service Fund Food Service/ Cafeleria Operations Fund Child Care Operations Fund Other Enterprise Funds Internal Service Fund Private Purpose Trust Fund Investment Trust Fund Pension Trust Fund Activity Fund Other Agency Fund Permanent Fund Total Short-Tenn Payables TOTAL INDEBTEDNESS $19,710,000 $16,862,000 Page 24

25 21! Final General Fund Budget LEA: Avon Grove SD Printed 4/27/2017 1:47:47 PM Fund Balance Summary (FB5) Page - 1 of 1 Account Description 0810 Nonspendable Fund Balance Amounts Reslricted Fund Balance 0830 Commilled Fund Balance 0840 Assigned Fund Balance 0850 Unassigned Fund Balance Total Ending Fund Balance - Committed, Assigned, and Unassigned 8,261,283 5, , $16,090, Budgetary Reserve 900,000 Total Estimated Ending Committed, Assigned, and Unassigned Fund Balance and Budgetary Reserve $17,400,490 Page 25