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1 LEA Name: Address City Methacton SO 1001 Kriebel Mill Road Eagleville, PA Class Size: 2 AUN Number: Pennsylvania Department of Education Comptroller's Office Annual Financial Report, PDE-2057 School District, AVTS/CTC, Special Program Jointures, and Charter School For the Fiscal Year Ending 06/30/2014 CERTIFICATION: By signing this page I agree that the electronic file submitted is a complete and accurate statement of the financial operations and status of the local education agency for the fiscal year. It has been prepared in accordance with generally accepted accounting principles and established Commonwealth of PA reporting guidelines. Jl Dr. David Zerbe Chief School Administrator (Signatu re required) Date _D_o_n _n a~k_oo_n_s ~-~--\~~ Board Secretary (Signature required) _( o (k 15 /L<f. Date Danielle Penza Contact Person dpenza@methacton.org Contact Person Address (610) Ext Contact Person Telephone Number (610) Contact Person Fax Number Mail original signed coversheet to: Bureau of Accounting and Financial Management, Central Agencies and School Finance, 555 Walnut St- 9th Floor, Harrisburg, PA ATTN: AFR 10/28/ :30:13 PM

2 Audit Certification Annual Financial Report: For the Fiscal Year Ending 06/30/2014 (Pursuant to PA School Code Section 218(b)) LEA Name: Methacton SD AUN Number: Audit Certification Due: 12/31/2014 This certification is applicable to: ~ Orig. Annual Financial Report submitted to Comptroller Operations: ~ Annual Financial Report revisions submitted on: Indicate if the school audit was completed prior to submission of this form 10/28/2014 ~ Yes, audit has been completed 0 No, audit has not been completed Auditing Firm: Major & Mastro, LLC Auditor Contact Name: Vicki Mastro 593 Bethlehem Pike, Suite 6 Auditor Phone: Montgomeryville, PA Auditor vmastro@majormastro.com CERTIFICATI ON : By sig ning this page I agree that the financial statements of the school have been properly audited as noted above pu rsuant to Article XXIV, and in the auditor's professional opinion, the Annual Financial Report (PDE-2057) submitted on the date referenced is materially consistent with the audited financial statements. Chief School Administrator Board Secretary s~!)k?cz I Date I Signature Date Dr. David Zerbe Donna Koons AFR Contact Person: Danielle Penza Phone: Ext: dpenza@methacton.org FAX: Mail completed form to: Bureau of Accounting and Financial Management, Central Agencies and School Finance, 555 Walnut St - 9th Floor, Harrisburg, PA ATIN: AFR NOTE: A new A udit Certification form is due with each AFR Revision.

3 School: Methacton SD Printed 10/28/2014 1:21 :07 BALANCE SHEET -Governmental Funds (NAG) Page GOV-1A Amounts Expressed in Whole Dollars General (10) Public Purpose Trust (27) Other Compt Approved (28) Athletic/ Activity (29) Capital Reserve (690, 1850) (31) ASSETS AND DEFERRED OUTFLOWS OF RESOURCES Assets 0100 Cash and Cash Equivalents 10,721, Investments 0120 Taxes Receivable (Net) 2,807, Due From Other Funds 481, Due from Other Governments 1,699, State Revenue Receivable 0143 Federal Revenue Receivable Other Intergovernmental Revenue Receivable 0146 Due From Primary Governments 0147 Due From Component Units 0150 Other Receivables (Include Bond Proceeds Receivable) 339, Advances to Other Funds (Long-Term Loans) 0170 Inventories 0180 Prepaid Expenses I Expenditures 155, Other Current Assets TOTAL ASSETS 16,206, Deferred Outflows Of Resources TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES 16,206,706

4 School: Methacton SD Printed 10/28/20141:21:07 BALANCE SHEET- Governmental Funds NAG) Page GOV-18 Capital Reserve 1432 (32) Other Capital Projects Funds (39) Debt Service (40) Permanent (90) Total Governmental Funds 684, , ,685 11,406,486 2,807, ,595 1,699, , ,945 16,891,391 16,891,391 Assets

5 School: Methacton SD Printed 10/28/ :21 :07 BALANCE SHEET- Governmental Funds {NAG) Page GOV-2A Amounts Expressed in Whole Dollars General {10) Public Purpose Trust {27) Other Compt Approved {28) Athletic/ Activity {29) Capital Reserve (690,1850) (31) LIABILITIES AND DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES Liabilities 0400 Due to Other Funds 0411 Due to Other Governments 0412 Due to Primary Government 0413 Due to Component Units 0420 Accounts Payable 424, Contracts Payable 0440 Curr. Portion of L T Debt {incl. ST Comp Abs, OPEB) 129, Short-Term Payables 0461 Accrued Salaries and Benefits 4,236, Payroll Deductions and Withholdings 2,604, Advances from Other Funds Unearned Revenues Other Current Liabilities 1,756,138 TOTAL LIABILITIES 9,149, Deferred Inflows Of Resources 1,819,558 Fund Balances 0810 Nonspendable Fund Balance 0820 Restricted Fund Balance 0830 Committed Fund Balance 0840 Assigned Fund Balance 0850 Unassigned Fund Balance TOTAL FUND BALANCES TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES 637,540 4,600,023 5,237,563 16,206,706

6 School: Methacton SD Printed 10/28/ :21 :07 BALANCE SHEET- Governmental Funds NAG) Page GOV-28 Capital Reserve 1432 (32) Other Capital Projects Funds (39) Debt Service (40) Permanent (90) ---- Total Governmental Funds 21,430 21, , ,071 4,236,105 2,604,053 1,756,138 9,1 71,01 5 1,819,558 Liabilities , , ,685 Fund Balances 637, , ,600, ,900,818 16,891,391

7 School: Methacton SO Printed 10/28/ :21 :08 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REG) Governmental Funds Page GOV-3A Amounts Expressed in Whole Dollars General (10) Public Purpose Trust (27) Other Compt Approved (28) Athletic/ Activity (29) Capital Reserve (690,1850) (31) REVENUES 6000 Local Sources 75,641, State Sources 17,994, Federal Sources 567,897 TOTAL REVENUES 94,203,867 EXPENDITURES 1000 Instruction 53,342, Support Services 29,852, Noninstructional Services Fac Acq, Cons!, and Imp 1,398, Debt Service (Principal & Interest) 9,969, Refund of Prior Year Receipts 86, Short Term Borrowing - Interests and Costs TOTAL EXPENDITURES 94,649,175 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (445,308) OTHER FINANCING SOURCES (USES) 9110 Bonds Issued (Face Value) (Do not include Refunded Bonds) 9120 Refunding Bonds Issued 9130 Bond Premiums 9200 Proceeds From Extended Term Financing 723, lnterfund Transfers- IN (from other funds) Sale I Compensation for Fixed Assets 12,445 10, Capital Contributions 9710 Transfers from Component Unit 9720 Tra nsfers From Primary Govt 9900 Other Financing Sources Not Listed (9000 Series) 14, Debt Service - Refunded Bond Issues (Pmt to Ref Bond Escrow Agent) 5150 Bond Discounts 5200 lnterfund Transfers - Out (to other funds) 5300 Transfer to Component Unit or Primary Government TOTAL OTHER FINANCING SOURCES (USES) 760,451

8 School: Methacton SD Printed 10/28/2014 1:21:08 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REG) Governmental Funds Page GOV-3B Capital Reserve 1432 (32) Other Capital Projects Funds (39) Debt Service (40) Permanent (90) Total Governmental Funds ,642, ,994, , ,204, ,926 53,464, ,729 30,088, ,398, , , ,740 9,995, , ,320,161 95,969,336 (1,319,824) (1 '765, 132) , , , , , , , (12,445) 748,006

9 School : Methacton SD Printed 10/28/ :21:08 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REG) Governmental Funds Page GOV-4A Amounts Expressed in Whole Dollars General (10) Public Purpose Trust (27) Other Compt Approved (28) Athletic/ Activity (29) Capital Reserve (690,1850) (31) SPECIAL AND EXTRAORDINARY ITEMS 8888 Special Items 8889 Extraordinary Items NET CHANGE IN FUND BALANCES 315, Fund Balance - Beginning of Fiscal Year Prior Period Adjustment 4,922,420 FUND BALANCE - END OF YEAR 5,237,563

10 School: Methacton SD Printed 10/28/ :21:08 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REG) Governmental Funds Page GOV-48 Capital Reserve 1432 (32) Other Capital Projects Funds (39) Debt Service (40) Permanent (90) Total Governmental Funds (1,332,269) 1,995,524 (1,017,126) 6,917, ,255 5,900,818

11 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Methacton SO Printed 10/28/ :21 :09 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REBAG) BUDGET AN D ACTUAL General Fund Page GOV-5 REVENUES Variance With Actual Final Budget Amounts Expressed in Whole Dollars Budgeted Amounts (B udgetary Positive Original Final Basis) (Negative) 6000 Local Sources 75,341,847 75,341,847 75,641, , State Sources 18,333,399 18,333,399 17,994,055 (339,344) 8000 Federal Sources 572, , ,897 (4,930) TOTAL REVENUES 94,248,073 94,248,073 94,203,867 (44,206) EXPENDITURES 1100 Regular Programs 36,341,336 36,388,686 35,356,010 1,032, Special Programs 13,642,813 13,642,812 14,180,166 (537,354) 1300 Vocational Programs 2,790,252 2,790,252 3,087,770 (297,518) 1400 Other Instructional Programs 493, , ,556 (26,701 ) 1500 Nonpublic School Programs 4,090 (4,090) 1600 Adult Education Programs 91,910 91, ,413 (101,503) 1700 Community/Junior College Programs 1800 Pre-Kindergarten 2100 Pupil Personnel Services 3,300,637 3,325,637 3,276,384 49, Instructional Staff Services 2,019,442 2,025,029 1,795, , Administrative Services 5,480,036 5,484,837 5,220, , Pupil Health 974, , ,055 12, Business Services 1,082,405 1,082,405 1,218,144 (135,739) 2600 Operation and Maintenance of Plant Services 7,770,724 7,770,723 7,965,868 (195, 145) 2700 Student Transportation Services 6,940,901 6,940,901 7,627,234 (686,333) 2800 Central & Other Support Services 1,561,648 1,561,648 1,709,897 (148,249) 2900 Other Support Services 76,824 76,824 76, Food Services 3200 Student Activities 1,369,749 1,409,732 1,395,263 14, Community Services 2,000 2,000 3,607 (1,607) 3400 Scholarships and Awards 4000 Fac Acq, Const, and Imp 5110 Debt Service (Principal & Interest) 11,109,034 11,109,034 9,969,645 1 '139, Refund of Prior Year Receipts 86,456 (86,456) 5140 Short Term Borrowing- Interests and Costs TOTAL EXPENDITURES 95,048,073 95,170,791 94,649, ,615 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (800,000) (922,718) (445,309) 477,409

12 School: Methacton SO Printed 10/28/ :21 :09 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE {REBAG) BUDGET AND ACTUAL General Fund Page GOV-6 Amounts Expressed in Whole Dollars Budgeted Amounts Original Final Actual {Budgetary Basis) Variance With Final Budget Positive {Negative) OTHER FINANCING SOURCES {USES) 9100 Sale of Bonds 9200 Proceeds From Extended Term Financing 1,000,000 1,000, ,555 (276,445) lnte rfu nd Transfers- IN (from other funds) Sale I Compensation for Fixed Assets 12,445 10,206 12,445 10, Transfers from Comp Unit I Primary Govt 9900 Other Financing Sources Not Listed (9000 Series) 14,245 14, Debt Service- Refunded Bond Issues 5150 Bond Discounts 5200 lnterfund Transfers - Out (to other funds) 5300 Transfer to Component Unit or Primary Government 5900 Budgetary Reserve 200,000 77,282 77,282 TOTAL OTHER FINANCING SOURCES (USES) 800, , ,451 {1 62,267) SPECIAL AND EXTRAORDINARY ITEMS 8888 Special Items 8889 Extraordinary Items NET CHANGE IN FUND BALANCES 0040 Fund Balance- Beginning of Fiscal Year 4,299,240 4,922, ,142 4,922, , Prior Period Adjustment FUND BALANCE - END OF YEAR 4,299,240 4,922,420 5,237, ,142

13 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Methacton SD Printed 1 0/28/ :21:10 STATEMENT OF NET POSITION (NAP) Proprietary Funds Page PR0-1A Amounts Expressed in Whole Dollars Food Service (51) Child Care Operations (52) Other Enterprise Funds (58) TOTAL Internal Service (60) ASSETS AND DEFERRED OUTFLOWS OF RESOURCES Current Assets: 0100 Cash and Cash Eq uivalents 538, , Investments 0130 Due From Other Funds 0141 Due from Other Governments 71,839 71, Due From Primary Governments 0147 Due From Component Units Other Receivables (Include Bond Proceeds Receivable) 11,019 11, Inventories 17,440 17, Prepaid Expenses I Expenditures 0190 Other Current Assets Total Current Assets 638, ,393 Noncurrent Assets: 0108 Restricted Cash and Cash Equivalents 0160 Advances to Other Funds (Long-Term Loans) Land 0212 Site Improvements (net) 0220 Building & Building Improvements (net) 0230 Furniture & Equipment (net) 0250 Construction in Progress 0260 L T Prepayments (net Ace Amort L T Prepayments) Total NonCurrent Assets 0910 Deferred Outflows Of Resources TOTAL ASSETS AND DEFERRED OUTFLOW OF RESOURCES 638, ,393

14 School: Methacton SO Printed 10/28/ :21:1 0 STATEMENT OF NET POSITION (NAP) Proprietary Funds Page PR0-2A Amounts Expressed in Whole Dollars Food Service {51) Child Care Operations (52) Other Enterprise Funds (58) TOTAL Internal Service (60) LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION Current Liabilities: 0400 Due to Other Funds 481, , Due to Other Governments Due to Component Units 0420 Accounts Payable 110, , Contracts Payable 0440 Curr. Portion of L T Debt (incl. ST Comp Abs, OPEB) 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 0462 Payroll Deductions and Withholdings 0480 Unearned Revenues 7,081 7, Other Current Liabilities 29,090 29,090 Total Current Liabilities 628, ,521 Noncurrent Liabilities: 0470 Advances from Other Funds 0510 Bonds Payable 0520 Extended Term Fin ancing Ag reements Payable 0530 Lease Purchase Obligations 0540 L T Portion of Compensated Absences 0550 Authority Lease Obligations 0599 Other Long-Term Liabilities Total NonCurrent Liabilities TOTAL LIABILITIES 628, , Deferred Inflows Of Resources NET POSITION 0791 Invested in Capital Assets Net of Related Debt 0798 Restricted for Legal Purposes ( ) 0799 Unrestricted 9,872 9,872 TOTAL NET POSITION 9,872 9,872 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION 638, ,393

15 School: Methacton SO Printed 10/28/2014 1:21 :11 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION (REP) Proprietary Funds Page PR0-3A Amounts Expressed in Whole Dollars Food Service (51) Child Care Operations (52) Other Enterprise Funds (58) TOTAL Internal Service (60) OPERATING REVENUES 6600 Food Service Revenue 1,133,886 1,133, Charges for Services 6999 Other Operating Revenues TOTAL OPERATING REVENUES 1,133,886 1,133,886 OPERATING EXPENSES 100 Salaries 200 Employee Benefits 300 Purchased Professional and Technical Service 400 Purchased Property Services 500 Other Purchased Service 1,332,455 1,332, Supplies 41,504 41, Depreciation 810 Dues and Fees 890 Other Operating Expenditures TOTAL OPERATING EXPENSES 1,373,959 1,373,959 OPERATING INCOME (LOSS) (240,073) (240,073) NONOPERATING REVENUES (EXPENSES) 6500 Earnings on Investments Contributions and Donations - Private Sources 6930 Gain I Loss on Sale of Fixed Assets 6991 Refunds of Prior Year Expenditures 7000 State Sources 27, , Federal Sources 301, , Claims and Judgements 830 Interest Expenses TOTAL NONOPERATING REVENUES (EXPENSES) 330, ,052 INCOME (LOSS) BEFORE CONTRIBUTIONS AND TRANSFERS 89,979 89,979

16 PDE-2057 Annual Financial Report Fiscal Year End School: Methacton SD Printed :21:11 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION (REP) Proprietary Funds Page PR0-4A Amounts Expressed in Whole Dollars Food Service (51) Child Care Operations (52) Other Enterprise Funds (58) TOTAL Internal Service (60) CONTRIBUTIONS AND TRANSFERS 9500 Capital Contributions 9998 Transfers from (to) Component Units or Primary Govt 9999 Transfers In (Out) CHANGE IN NET POSITION 89,979 89, Net Position- Beginning of Fiscal Year (80, 107) (80, 107) 0057 Accounting Changes I Residual Equity Transfers 0061 Prior Period Adjustment NET POSITION - END OF YEAR 9,872 9,872

17 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Methacton SO Printed 10/28/2014 1:21:12 STATEMENT OF CASH FLOWS (CFP) Proprietary Funds Page PRO-SA Food Service.(51) Child Care Operations (52) Other Enterprise Funds (58) TOTAL Internal Service (60) Cash Flows From Operating Activities 9937 Cash Received From Users 9938 Cash Received From Assessments Made to Other Funds 9939 Cash Received From Earnings on Investments 9940 Cash Received From Other Operating Revenue 9941 Cash Payments to Employees For Services Cash Payments For Insurance Claims Cash Payments to Suppliers For Goods and Services Cash Payments For Other Operating Expenses Net Cash Provided By (Used For) Operating Activities Cash Flows From Non-Capital Financing Activities 6000 Local Sources State Sources Federal Sources Notes and Loans Received (Repaid) Interest Paid on Notes/Loans ( ) Operating Transfers In (Out)/Residual Equity Trans 9920 Operating Transfers In (Out) Primary Government 9921 Operating Transfers In (Out) Component Units 9922 Refund of Prior Year Expenditures (6991) Net Cash Prov By (Used for) Non-Capital Financing Activities Cash Flows From Capital and Related Financing Activities 4000 Fac Acq, Canst, and Imp 6930 Gain I Loss on Sale of Fixed Assets 9200 Proceeds From Extended Term Financing 9925 Principal Paid on Financing Agreements 9926 Interest Paid on Financing Agreements ( ) 9927 (Inc) Dec in Contributed Capital Net Cash Prov By (Used for) Capital and Related Financing Activities Cash Flows From Investing Activities 6500 Earnings on Investments 9929 Purchase of lnv Securities I Deposits to lnv Pools 9930 Withdrawls from Investment Pools 9931 Proceeds from Sale and Maturity of lnv Securities 9932 Loans Received (Paid) Net Cash Prov By (Used for) Investing Activities 1,132,289 1,349,697 (217,408) 27, , , ,132,289 1,349,697 (217,408) 27, , ,

18 School: Methacton SO Printed 10/28/20141:21 :12 STATEMENT OF CASH FLOWS (CFP} Proprietary Funds Page PR0-6A Food Service (51) Child Care Operations (52) Other Enterprise Funds (58) ----~~ TOTAL Internal Service (60) Net Inc (Dec} in Cash and Cash Flow 9935 Cash and Cash Equivalents Beginning of Year Cash and Cash Equivalents at Year End 82, , ,095 82, , , Other Financing Sources Not Listed (9000 Series) Adjustments to Reconcile Operating Income (Loss) to Net Cash Provided by (Used for): 9901 Depreciation and Net Amortization 9902 Provision for Uncollectible Accounts 9903 Other Adjustments 9904 (Inc) Dec In Accounts Receivable ( ) 9905 Adva nces to Other Funds (0160) 9906 (Inc) Dec in Inventories (0170) 9907 (Inc) Dec in Prepaid Expenses (0180) 9908 (Inc) Dec in Other Current Assets (0190) 9909 Inc (Dec) in Accounts Payable ( ) 9910 Inc (Dec) in Accrued Salaries/Benefits (0461) Inc (Dec) in Payroll Deductions/Withholding (0462) 9912 Inc (Dec) in Advances from Other Funds (0470) 9913 Inc (Dec) in Unearned Revenue (0480) 9914 Inc (Dec) in Other Current Liabilities (0490) Total Adjustments Cash Provided By (Used For) Total (240,073) (9,208) (2,371) 26,633 7,611 22,665 (217,408) (240,073) (9,208) (2,371) 26,633 7,611 22,665 (217,408)

19 School: Methacton SO Printed 10/28/ :21:12 STATEMENT OF CASH FLOWS (CFP) Proprietary Funds Page PRO-? A Food Service (51) Child Care Operations (52) Other Enterprise Funds (58) TOTAL Internal Service (60) COMBINED STATEMENT OF CASH FLOWS SCHEDULE OF NONCASH INVESTING, CAPITAL, AND FINANCING ACTIVITIES Explanation of Transaction and Balance Sheet Effect Donated Commodities Received Donated Commodities Used Total Amount 43,375 (42,882) 493

20 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Methacton SO Printed 10/28/2014 1:21:1 3 STATEMENT OF NET POSITION (NAF) Fiduciary Funds Page FID-1 A Amounts Expressed in Whole Dollars Private Purpose Trust (71) Investment Trust (72) Pension Trust (73) Activity (81) Other Agency (89) ASSETS AND DEFERRED OUTFLOWS OF RESOURCES Assets 0100 Cash and Cash Equivalents 66, , Investments 0130 Due From Other Funds 0147 Due From Component Units 0150 Other Receivables 0160 Advances to Other Funds 0170 Inventories 0180 Prepaid Expenses I Expenditures 0190 Other Current Assets 0220 Building & Building Improvements (net) 0230 Furniture & Equipment (net) TOTAL ASSETS 66, , Deferred Outflows Of Resources TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES 66, ,944

21 School: Methacton SO Printed 10/28/ :21 :13 STATEMENT OF NET POSITION (NAF) Fiduciary Funds Page FID-1B Component Units (98) Component Units (99) Total Fiduciary Funds 431, , ,838

22 School: Methacton SO Printed 10/28/2014 1:21: 13 STATEMENT OF NET POSITION (NAF) Fiduciary Funds Page FID-2A Amounts Expressed in Whole Dollars Private Purpose Trust (71) Investment Trust (72) Pension Trust (73) Activity (81) Other Agency (89) LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION Liabilities 0400 Due to Other Fund s 0411 Due to Other Governments 0412 Due to Prima ry Government 0413 Due to Component Units 0420 Accounts Payable 72, Contracts Payable 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 0462 Payroll Deductions and Withholdings 0470 Advances from Other Funds 0480 Unearned Revenues 0490 Other Current Liabilities 292,633 TOTAL LIABILITIES 364, Deferred Inflows Of Resources Net Position 0791 Invested in Capital Assets Net of Related Debt 0798 Restricted for Legal Purposes ( ) 66, Unrestricted TOTAL NET POSITION 66,894 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION 66, ,944

23 School: Methacton SD Printed 10/28/20141 :21 :13 STATEMENT OF NET POSITION (NAF) Fiduciary Funds Page FID-28 Component Units (98) Component Units (99) Total Fiduciary Funds 72, , , ,894 66, ,838

24 School: Methacton SO Printed 10/28/ :21 :13 STATEMENT OF CHANGES IN NET POSITION (CNAF) Fiduciary Funds Page FID-3A Amounts Expressed in Whole Dollars Private Purpose Trust (71) Investment Trust (72) Pension Trust (73) Component Units (98) Component Units (99) Additions 9945 Gifts and Contributions 15, Other Additions 64 Deductions 9947 Scholarships Awarded 17, Other Deductions Change In Net Position (2,Q42) 0041 Net Position- Beginning of Fiscal Year 68, Net Position Held in Trust for Pension Benefits Net Position - End of Fiscal Year 66,894

25 School: Methacton SD Printed 10/28/2014 1:21:13 STATEMENT OF CHANGES IN NET POSITION (CNAF) Fiduciary Funds Page FID-38 Total Fiduciary Funds 15, , (2,042) 68, ,894

26 DETAIL OF GENERAL FUND REVENUES AND OTHER FINANCING SOURCES School: Methacton SO Page REV-1 Printed 10/28/2014 1:21 :14 AMOUNT TOTAL 6000 Revenue from Local Sources 6111 Current Real Estate Taxes 64,023, Interim Real Estate T axes 155, Public Utility Realty Tax 88, Payments in Lieu of Current Taxes I State & Local 81, Current Per Capita Taxes, Sec , Current Act 511 Taxes - Flat Rate Assessments 185, Current Act 511 Taxes - Proportional Assessments 7,257, Delinq on Taxes Levied/Assessed by the LEA 1,904, Earnings on Investments 39, Revenue From Student Activities 165, Federal Rev. Rcvd. from Other PA Public Schools 12, Federal IDEA Pass Through Revenue 800, Rentals 107, Contributions and Donations From Private Sources 20, Adult Education Tuition 236, Receipts from Other LEAS in PA- Education 282, Refunds of Prior Years' Expenditures 72, Energy Incentives & Rebates 95, All Other Local Revenues Not Specified 20, Total Revenue from Local Sources 75,641,914.55

27 School: Methacton SO Printed 10/28/2014 1:21 :14 DETAIL OF GENERAL FUND REVENUES AND OTHER FINANCING SOURCES Page REV-2 AMOUNT TOTAL Revenue from State Sources Basic Education Funding (Gross) Tuition -Orphans & Children Placed in Priv. Homes Special Education Funding for School Aged Pupils Transportation (Regular and Additional) Rental and Sinking Fund Payments Health Services State Property Tax Reduction Allocation PA Accountability Grant Revenue for Social Security Payments Revenue for Retirement Payments 6,401, , , ,406, , , ,822, , ,596, ,757, Total Revenue from State Sources Revenue from Federal Sources NCLB. Title I- lmprv. Acad. Ach. (Disadvantaged) NCLB, Title II - Prep!Trng/Recruit. HQ Tchrs/Prin. Schl Based ACCESS Med Reimb Prog Medical Asst Reimb for Admin Claiming Total Revenue from Federal Sources Other Financing Sources Other Extended Term Financing Proceeds Capital Projects Fund Transfers Sale or Compensation for Loss of Fixed Assets Insurance Recoveries Total Other Financing Sources 168, , , , , , , , ,994, , ,450.24

28 PDE-2057 Annual Financ ial Report- 06/30/2014 Fiscal Year End School: Methacton SD Printed 10/28/ :21 :14 DETAIL OF GENERAL FUND REVENUES AN D OTHER FINANCING SOURCES Page REV-3 AMOUNT TOTAL SUMMARY OF GENERAL FUND REVENUES AND OTHER FINANCING SOURCES AMOUNT Revenue from Local Sources Revenue from State Sources Revenue from Federal Sources Other Financing Sources 75,641, ,994, , , ,964,316.36

29 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Methacton SO Printed 10/28/ :21 :15 TAX SCHEDULE- ACT 511 AND ACT 1 Page REV-1 Taxable Assessed Value Tax Levy Taxes Collected Totals 2,523,996,418 66,648,503 64,023, Current Act 511 Taxes- Flat Rate Assessments 6141 Per Capita Taxes 93, Occupation Taxes - Flat Rate 92, Current Act 511 Taxes- Flat Rate Assessments 185, Current Act 511 Taxes- Proportional Assessments 6151 Earned Income Taxes 6,343, Real Estate Transfer Taxes 861, Amusement Taxes 52, Current Act 511 Taxes- Proportional Assessments 7,257, Total Act 1 and Act 511 Taxes 7,442,588.01

30 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Methacton SO Printed 10/28/ :21:16 CONVERSION OF ACCRUAL BASIS TAXES TO CASH BASIS TAXES Page REV-4 TAX REVENUE REPORTED REVENUE FROM LOCAL SOURCES IN CURRENT YEAR 6111 Current Real Estate Taxes 64,023, CURRENT YEAR TAX ACCRUAL 0.00 PRIOR YEAR TAX ACCRUAL 0.00 TAXES COLLECTED IN CURRENT YEAR 64,023, Interim Real Estate Taxes 155, , , , Public Utility Realty Tax 88, , Payments in Lieu of Current Taxes I State & Local 81, , Cu rrent Per Capita Taxes, Sec , , , , Current Act 511 Taxes- Flat Rate Assessments 185, , , , Current Act 511 Taxes - Proportional Assessments 7,257, , , ,404, Delinq on Taxes Levied/Assessed by the LEA 1,904, , ,515, ,235, TOTAL TAXES 73,788, , ,476, ,277,157.91

31 School: Methacton SO Printed 10/28/20141:21 :17 DELINQUENT TAX SCHEDULE (DTAX) Page SCHED-5 REVENUE FROM DELINQUENT TAXES Delinquent Real Estate Taxes 6412 Delinquent Interim Real Estate Taxes TAX REVENUE REPORTED IN CURRENT YEAR 1,862, CURRENT YEAR TAX ACCRUAL 141, PRIOR YEAR TAX ACCRUAL 123, TAXES COLLECTED IN CURRENT YEAR 1,844, Delinquent Act 1 Earned Income Taxes 6432 Delinquent Act 1 Personal Income Taxes 6451 Delinquent Act 511 Earned Income Taxes 6461 Delinquent Earned Income Taxes TOTAL TAXES 1,862, , , ,844,147.48

32 Sc hool: Methacton SO 1000 Instruction 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 240 Tuition Reimbursements 250 Unemployment Compensation 260 Workmen's Compensation 290 Other Employee Benefits Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 400 Purchased Property Services 430 Repairs and Maintenance 440 Rentals Total Purchased Property Services 500 Other Purchased Services 550 Printing & Binding 560 Tuition 580 Travel 590 Miscellaneous Purchased Services Total Other Purchased Services 600 Supplies 610 General Supplies 620 Energy 630 Food 640 Books & Periodicals 650 Supplies -Technology Related Total Supplies 700 Property 750 Equipment- Original & Additional 760 Equipment - Replacement Total Pro perty 800 Other Objects Total Other Objects Total1000 Instructio n Printed 10/28/ :21:19 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-1 29,217, , ,136, ,936, , , , , ,678, ,035, , , , , ,938, , ,956, , , , , , , , , , , ,342,004.99

33 School: Methacton SD 1100 Regular Programs - E/S 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 240 Tuition Reimbursements 250 Unemployment Compensation 260 Workmen's Compensation 290 Other Employee Benefits Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 400 Purchased Property Services 430 Repairs and Maintenance 440 Rentals Total Purc hased Property Services 500 Other Purchased Services 561 Tuition to Other School Districts Within The State 562 Tuition to Pennsylvania Charter Schools 580 Travel 591 Services Purchased locally Total Other Purchased Services 600 Supplies 610 General Supplies 630 Food 640 Books & Periodicals 650 Supplies -Technology Related Total Supplies 700 Property 750 Equipment- Original & Additional 760 Equipment - Replacement Total Property 800 Other Objects Total Other Objects Total1100 Regular Programs- E/S Printed 10/28/ :21 :20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-2 Elementary Secondarv 10,988, ,453, , ,652, ,533, ,533, , ,11 1, , , , ,508, ,864, ,591, , ,492, , , , , , , , , , (887.40) 593, ,036, ,015, , ,147, '120, , ,469, , , , , , , , , , , , , ,011, , , , ,036, , , , , , , , , , , , , , , , , , , , , , , , ,217, ,830, , ,356,009.73

34 School: Methacton SD 1200 Special and Gifted Education 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 400 Purchased Property Services 430 Repairs and Maintenance Total Purchased Property Services 500 Other Purchased Services 561 T uition to Other School Districts Within The State 567 Tuition to Approved Private and PA Chartered Schools 568 Tuition for PRRis (in-state) and Detention Centers 569 Tuition - Other 580 Travel Total Other Purchased Services 600 Supplies 610 General Supplies 640 Books & Periodicals 650 Supplies -Technology Related Total Supplies 700 Property 750 Equipment - Original & Additional Total Property BOO Other Objects Total Other Objects Total1200 Special and Gifted Education Printed 10/28/ :21:20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-3 Elementary Secondary Federal Total 3,205, ,104, , ,109, , , ,911, , , , , , ,204, , , , ,885, ,821 ' ,706, ,432, ,025, , ,464, , , , , , , , , , , , , ' , , , , , , , , , , , , , , , , , , , , , , , , , ,760, ,606, , ,180,

35 School: Methacton SD 1300 Vocational Education Programs 1 00 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation Total Personnel Services-Employee Benefits 400 Purchased Property Services 430 Repairs and Maintenance Total Purchased Property Services 500 Other Purchased Services 564 Tuition to Career and Technology Centers 580 Travel Total Other Purchased Services 600 Supplies 61 0 General Supplies Total Supplies Total1300 Vocational Education Programs Printed 10/28/2014 1:21 :20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-4 Secondary Federal Total 1 '122, '122, , , , , , , , , , , , , , , ,260, ,260, ,260, ,260, , , , , ,087, ,087,770.47

36 School: Methacton SD 1400 Other Instructional Programs- E/S 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation Total Personnel Services-Employee Benefits 300 Purc hased Professional & Technical Services Total Purchased Professional & Technical Services 400 Purchased Property Services 430 Repairs and Maintenance 440 Rentals Total Purchased Property Services 500 Other Purchased Services 560 Tuition Total Other Purchased Services 600 Supplies 610 General Supplies 620 Energy Total Supplies Tota11400 Other Instructional Programs- E/S Printed 10/28/2014 1:21:20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-5 Elementary 79, , , , , , , Secondary 186, , , , , , , , , , , , , Federal Total 265, , , , , , , , , , ,Q , , ,555.60

37 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Methacton SO 1410 Driver's Education 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation Total Personnel Services-Employee Benefits 400 Purchased Property Services 430 Repairs and Maintenance 440 Rentals Total Purchased Property Services 600 Supplies 610 General Supplies 620 Energy Total Supplies Total1410 Driver's Education Printed 10/28/ :21:20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-6 Secondary Federal Total 88, , , , , , , , , , , , , , , , , , , , , ,948.27

38 School: Methacton SO Printed 10/28/ :21 : Homebound Instruction 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services Total1430 Homebound Instruction DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-7 Elementary Secondary Federal Total , , , ,702.08

39 School: Methacton SO Printed 10/28/2014 1:21 : Alternative Regular Education 500 Other Purchased Services 560 Tuition Total Other Purchased Services Total 1440 Alternative Regular Education DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-8 Elementary Secondary Federal Total 52, , , , , , , , ,046.68

40 School: Methacton SD Printed 10/28/2014 1:21: Adjudicated I Court Placed Programs 500 Other Purchased Services 561 Tuition to Other School Districts Within The State Total Other Purchased Services Total1441 Adjudicated I Court Placed Programs DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-9 Elementary Secondary Federal Total 52, , , , , , , , ,046.68

41 School: Methacton SD Printed 10/28/ :21 : Additional Other Instruction Programs 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions Total Personnel Services-Employee Benefits Total1490 Additional Other Instruction Programs DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-1 0 Elementary Secondary Federal Total 78, , , , , , , , , , , , , , ,858.57

42 School: Methacton SO Printed 10/28/2014 1:21: Nonpublic School Programs 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services Total1500 Nonpublic School Programs DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-11 4, , , ,090.00

43 School: Methacton SO 1600 Adult Education Programs 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 400 Purchased Property Services 440 Rentals Total Purchased Property Services 500 Other Purchased Services 550 Printing & Binding Total Other Purchased Services 600 Supplies 610 General Supplies 630 Food Total Supplies 800 Other Objects Total Other Objects Total1600 Adult Education Programs Printed 10/28/ :21 :20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-12 Federal Total 66, , , , , , , , , , , ,413.49

44 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Support Services Methacton SD 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 240 Tuition Reimbursements 260 Workmen's Compensation 290 Other Employee Benefits Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 400 Purchased Property Services 410 Cleaning Services 420 Utility Services 430 Repairs and Maintenance 440 Rentals 460 Extermination Services Total Purchased Property Services 500 Other Purchased Services 510 Student Transportation Services 520 Insu rance-general 530 Communications 540 Advertising 550 Printing & Binding 580 Travel 590 Miscellaneous Purchased Services Total Other Purchased Services 600 Supplies 610 General Supplies 620 Energy 630 Food 640 Books & Periodicals Total Supplies 700 Property 750 Equipment- Original & Additional 760 Equipment- Replacement Total Property 800 Other Objects Total Other Objects Total 2000 Support Services Printed 10/28/ :21 :20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-13 14,588, ,084, ,062, ,445, , , , ,893, ,022, , ,577, , , , , , , , , , , , , ,235, , , , ,238, , , , , ,852,198.40

45 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Pupil Personnel Methacton SO 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation 290 Other Employee Benefits Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 500 Other Purchased Services 580 Travel Total Other Purchased Services 600 Supplies 610 General Supplies 630 Food Total Supplies 800 Other Objects Total Other Objects Total 2100 Pupil Personnel Printed 10/28/ :21 :20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-1 4 Federal Total 2,064, , , , , , , , , , , , (5,023.50) 3,276,383.71

46 School: Methacton SD 2110 Supervision Of Pupil Personnel Services 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation 290 Other Employee Benefits Total Personnel Services-Employee Benefits 500 Other Purchased Services 580 Travel Total Other Purchased Services 600 Supplies 61 0 General Supplies Total Supplies 800 Other Objects Total Other Objects Total 2110 Supervision Of Pupil Personnel Services Printed 10/28/2014 1:21:20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-15 Elementary Secondary Federal Total 250, , , , , , , , , , , , , , , , , , , , , , , ,883.20

47 School: Methacton SD 2120 Guidance Services 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 210 Grp Ins- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 500 Other Purchased Services 580 Travel Total Other Purchased Services 600 Supplies 610 General Supplies 630 Food Total Supplies 800 Other Objects Total Other Objects Total 2120 Guidance Services Printed 10/28/ :21 :20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-16 Elementary Secondary Federal Total 389, , ,137, , , , , , , , , , , , , , , , , , , , , , (5,475.50) (5,420.50) 730, ,184, ,914,325.88

48 School: Methacton SO 2130 Attendance Services 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation Total Personnel Services-Employee Benefits 500 Other Purchased Services 580 Travel Total Other Purc hased Services Total 2130 Attendance Services Printed 10/28/2014 1:21 :20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP , , , ,

49 School: Methacton SO 2140 Psychological Services 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 500 Other Purchased Services 580 Travel Total Other Purchased Services 600 Supplies 610 General Supplies Total Supplies Total 2140 Psychological Services Printed 10/28/2014 1:21 :20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-18 Elementary 140, , , , , Secondary 151, , , , , , , , Federal Total 292, , , , , , , ,059.93

50 School: Methacton SO Printed 10/28/ :21 : Social Work Services 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services Total 2160 Social Work Services DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP , ,272.00

51 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Methacton SO Printed 10/28/ :21 : Student Accounting Services 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions Total Personnel Services-Employee Benefits Total 2170 Student Accounting Services DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-20 1,

52 PDE-2057 Annual Financial Report - 06/30/2014 Fiscal Year End School: Instructional Staff Methacton SO 100 Personnel Services-Salaries Total Personnel Services-Salaries 200 Personnel Services-Employee Benefits 21 0 Grp Ins - Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 260 Workmen's Compensation Total Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Total Purchased Professional & Technical Services 400 Purchased Property Services 430 Repairs and Maintenance Total Purchased Property Services 500 Other Purchased Services 550 Printing & Binding 580 Travel 595 Intermediate Unit Payments by Withholding Total Other Purchased Services 600 Supplies 610 General Supplies 630 Food 640 Books & Periodicals Total Supplies 700 Property 750 Equipment- Original & Additional Total Property 800 Other Objects Total Other Objects Total 2200 Instructional Staff Printed 10/28/ :21:20 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP-2 1 Elementary Secondarv Federal Total 452, , , ,095, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,795,676.67