California Community Colleges

Transcription

1 California Community Colleges ANNUAL FINANCIAL AND BUDGET REPORT (Financial Report for Fiscal Year ) (Budget Report for Fiscal Year ) District: MERCED District Code: 530 This is to certify that the has been prepared and the budget adopted in accordance with the California Code of Regulations, beginning with Section Further, to the best of my knowledge, the data contained in this report are correct. District Chief Business Officer Date District Superintendent Date Contact: Mazie Brewington (209) In accordance with the California Code of Regulations, Section 58305(d) a copy of this report is due to the Chancellor's Office on or before October 10, Please submit the report to : Chancellor's Office California Community Colleges Fiscal Services Unit 1102 Q Street, Suite 300 Sacramento, CA Page 1

2 SUPPLEMENTAL DATA Analysis of compliance with the 50 Percent Law (ECS 84362) The Current Expense of Education S11 GENERAL FUND - UNRESTRICTED SUBFUND For Actual Year: Budget Year: District ID: 530 Name: MERCED Activity (ECSA) Activity (ECSB) Activity (ECSX) ECS A ECS B Excluded Object Instructional Salary Cost Total CEE Activities Academic Salaries Code AC & AC 6110 AC AC Total Instructional Salaries Contract or Regular ,871,326 10,871,326 10,871,326 Other ,935,603 4,935,603 4,935,603 Total Instructional Salaries 15,806,929 15,806, ,806,929 Non-Instructional Salaries Contract or Regular ,301,293 62,204 4,363,497 Other ,591 47, ,785 Total Non-Instructional Salaries 0 4,541, ,398 4,651,282 Total Academic Salaries 15,806,929 20,348, ,398 20,458,211 Classified Salaries Non-Instructional Salaries Regular Status ,862, ,276 7,083,953 Other , , ,491 Total Non-Instructional Salaries 0 7,539, ,024 7,955,444 Instructional Aides Regular Status , , ,799 Other , , ,600 Total Instructional Aides 1,210,399 1,210, ,210,399 Total Classified Salaries 1,210,399 8,749, ,024 9,165,843 Employee Benefits ,374,871 13,155, ,018 13,303,141 Supplies and Materials ,789 43, ,088 Other Operating Expenses ,716 5,200, ,247 5,525,263 Equipment Replacement Total Expenditures Prior to Exclusions 23,494,915 48,048,560 1,041,986 49,090,546 Page 2

3 SUPPLEMENTAL DATA Analysis of compliance with the 50 Percent Law (ECS 84362) The Current Expense of Education S11 GENERAL FUND - UNRESTRICTED SUBFUND For Actual Year: Budget Year: District ID: 530 Name: MERCED Activity (ECSA) Activity (ECSB) Activity (ECSX) ECS A ECS B Excluded Instructional Salary Cost Total CEE Activities Exclusions AC & AC 6110 AC AC Total Activities to Exclude TOP Code Instructional Staff Retirees Benefits and Retirement Incentives ,537,567 1,537,567 1,537,567 Student Health Services Above Amount Collected Student Transportation Noninstructional Staff-Retirees Benefits and Retirement Incentives ,706,312 1,706,312 Objects to Exclude Object Code Rents and Leases ,887 27,887 Lottery Expenditures Academic Salaries Classified Salaries Employee Benefits Supplies and Materials 4000 Software Books, Magazines, & Periodicals Instructional Supplies & Materials ,414 52,414 Noninstructional, Supplies & Materials ,536 85,536 Total Supplies and Materials 0 138, ,621 Other Operating Expenses and Services , ,699 Page 3

4 SUPPLEMENTAL DATA Analysis of compliance with the 50 Percent Law (ECS 84362) The Current Expense of Education S11 GENERAL FUND - UNRESTRICTED SUBFUND For Actual Year: Budget Year: District ID: 530 Name: MERCED Activity (ECSA) Activity (ECSB) Activity (ECSX) ECS A ECS B Excluded Object Instructional Salary Cost Total CEE Activities Code AC & AC 6110 AC AC Total Capital Outlay 6000 Library Books ,519 36,519 Equipment 6400 Equipment - Additional Equipment - Replacement , ,318 Total Equipment 0 116, ,318 Total Capital Outlay 0 152, ,837 Other Outgo Total Exclusions 1,537,567 4,472, ,472,923 Total for ECS 84362, 50% Law 21,957,348 43,575,637 1,041,986 44,617,623 Percent of CEE (Instructional Salary Cost / Total CEE) 50.39% % 50% of Current Expense of Education 21,787,818 Nonexempted (Remaining) Deficiency from second preceeding Fiscal Year Amount Required to be Expended for Salaries of Classroom 21,957,348 43,575,637 1,041,986 44,617,623 Instructors Reconciliation to Unrestricted General Fund Expenditures Total Expenditures Prior to Exclusions 23,494,915 48,048,560 1,041,986 49,090,546 Capital Expenditures , ,529 11, ,300 Equipment Replacement (Back out) Total Unrestricted General Fund Expenditures 23,739,154 48,946,089 1,053,757 49,999,846 Page 4

5 Governmental Funds Group COMBINED BALANCE SHEET 10 General Fund Combined (Total Unrestricted and Restricted) For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA General Fund General Fund General Fund Description (Object) Unrestricted Restricted COMBINED ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks ,801 14, ,028 In County Treasury ,673,573 2,021,003 5,694,576 Cash With Fiscal Agents Revolving Cash Accounts ,900 11,900 Investments (at cost) Accounts Receivable ,503,589 1,141,203 14,644,792 Due from Other Funds , ,181 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores Prepaid Items ,495 7, ,281 TOTAL ASSETS 17,437,358 3,399,400 20,836,758 LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable , , ,621 Accrued Salaries and Wages Payable , ,741 Compensated Absences Payable Current , ,285 Due to Other Funds , ,525 Temporary Loans ,364,940 2,364,940 Current Portion of Long-Term Debt Deferred Revenues ,340,701 1,137,466 3,478,167 TOTAL LIABILITIES 6,477,379 1,417,900 7,895,279 Page 5

6 Governmental Funds Group COMBINED BALANCE SHEET 10 General Fund Combined (Total Unrestricted and Restricted) For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA General Fund General Fund General Fund Description (Object) Unrestricted Restricted COMBINED FUND EQUITY Fund Balance Reserved NonCash Assets ,821,944 2,821,944 Amonts Restricted by Law for Specific Purposes ,728,858 1,728,858 Reserve for Encumbrances Credit Reserve for Encumbrances Debit Reserve for Debt Services Total Reserved Fund Balance 2,821,944 1,728,858 4,550,802 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation , ,933 Self Insurance Programs Payments Resulting from Court Orders Specific Future Purposes ,383,746 3,383,746 Total Designated Fund Balance 3,511, ,511,679 Uncommitted(Unrestricted) Fund Balance ,626, ,642 4,878,998 TOTAL FUND EQUITY 10,959,979 1,981,500 12,941,479 TOTAL LIABILITIES AND FUND EQUITY 17,437,358 3,399,400 20,836,758 Page 6

7 Governmental Funds Group 20 Debt Service Funds: 21 Bond Interest and Redemption Fund 22 Revenue Bond Interest and Redemption Fund COMBINED BALANCE SHEET 29 Other Debt Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED Bond Interest Revenue Bond CA and Interest and Other Debt Description (Object) Redemption Fund Redemption Fund Service Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 In County Treasury ,284,310 Cash With Fiscal Agents 9113 Investments (at cost) 9120 Accounts Receivable ,360 Due from Other Funds 9140 TOTAL ASSETS 2,308, LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 Temporary Loans 9550 Current Portion of Long-Term Debt ,447 Deferred Revenues 9570 TOTAL LIABILITIES 923, Page 7

8 Governmental Funds Group 20 Debt Service Funds: 21 Bond Interest and Redemption Fund 22 Revenue Bond Interest and Redemption Fund COMBINED BALANCE SHEET 29 Other Debt Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED Bond Interest Revenue Bond CA and Interest and Other Debt Description (Object) Redemption Fund Redemption Fund Service Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes ,385,223 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 1,385, Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance Uncommitted(Unrestricted) Fund Balance 9790 TOTAL FUND EQUITY 1,385, TOTAL LIABILITIES AND FUND EQUITY 2,308, Page 8

9 Governmental Funds Group 30 Special Revenue Funds: 31 Bookstore Fund 34 Farm Operation Fund 32 Cafeteria Fund 35 Revenue Bond Project Fund COMBINED BALANCE SHEET 33 Child Development Fund 39 Other Special Revenue Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA Child Farm Operation Revenue Bond Other Special Development Description (Object) Bookstore Fund Cafeteria Fund Fund Fund Project Fund Revenue Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 In County Treasury ,745 20,997 Cash With Fiscal Agents 9113 Revolving Cash Accounts 9114 Investments (at cost) 9120 Accounts Receivable ,147 10,239 Due from Other Funds Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 Prepaid Items TOTAL ASSETS ,892 32, LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable ,717 5,902 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds ,957 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues ,896 TOTAL LIABILITIES ,570 5, Page 9

10 Governmental Funds Group 30 Special Revenue Funds: 31 Bookstore Fund 34 Farm Operation Fund 32 Cafeteria Fund 35 Revenue Bond Project Fund COMBINED BALANCE SHEET 33 Child Development Fund 39 Other Special Revenue Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA Child Farm Operation Revenue Bond Other Special Development Description (Object) Bookstore Fund Cafeteria Fund Fund Fund Project Fund Revenue Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes ,322 26,429 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 0 0 2,322 26, Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance Uncommitted(Unrestricted) Fund Balance 9790 TOTAL FUND EQUITY 0 0 2,322 26, TOTAL LIABILITIES AND FUND EQUITY ,892 32, Page 10

11 Governmental Funds Group 40 Capital Projects Funds: 41 Capital Outlay Projects Fund COMBINED BALANCE SHEET 42 Revenue Bond Construction Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA Capital Outlay Revenue Bond Description (Object) Projects Fund Construction Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks ,196 In County Treasury ,267,058 3,185,829 Cash With Fiscal Agents ,276,004 Revolving Cash Accounts 9114 Investments (at cost) 9120 Accounts Receivable ,382 Due from Other Funds ,300,563 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 Prepaid Items 9220 TOTAL ASSETS 2,629,199 9,461,833 LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable ,517 2,056 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 TOTAL LIABILITIES 24,517 2,056 Page 11

12 Governmental Funds Group 40 Capital Projects Funds: 41 Capital Outlay Projects Fund COMBINED BALANCE SHEET 42 Revenue Bond Construction Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA Capital Outlay Revenue Bond Description (Object) Projects Fund Construction Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes ,604,682 9,459,777 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 2,604,682 9,459,777 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance 0 0 Uncommitted(Unrestricted) Fund Balance 9790 TOTAL FUND EQUITY 2,604,682 9,459,777 TOTAL LIABILITIES AND FUND EQUITY 2,629,199 9,461,833 Page 12

13 Proprietary Funds Group 50 Enterprise Funds: 51 Bookstore Fund 53 Farm Operations Fund COMBINED BALANCE SHEET 52 Cafeteria Fund 59 Other Enterprise Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED Farm Other CA Bookstore Cafeteria Operations Enterprise Description (Object) Fund Fund Fund Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks ,805 In County Treasury 9112 Cash With Fiscal Agents 9113 Revolving Cash Accounts ,853 Investments (at cost) 9120 Accounts Receivable ,306 Due from Other Funds ,808 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores ,812 Prepaid Items 9220 Fixed Assets 9300 Sites 9310 Site Improvements 9320 Accumulated Depreciation Site Improvements 9321 Buildings 9330 Accumulated Depreciation Buildings 9331 Library Books 9340 Equipment ,358 Accumulated Depreciation Equipment ,234 Work in Progress 9360 Total Fixed Assets 53, TOTAL ASSETS 963, Page 13

14 Proprietary Funds Group 50 Enterprise Funds: 51 Bookstore Fund 53 Farm Operations Fund COMBINED BALANCE SHEET 52 Cafeteria Fund 59 Other Enterprise Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED Farm Other CA Bookstore Cafeteria Operations Enterprise Description (Object) Fund Fund Fund Fund LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 (117,469) Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds ,531 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 Total Current Liabilities and Deferred Revenue 363, Long-Term Liabilities 9600 Bonds Payable 9610 Revenue Bonds Payable 9620 Certificates of Participation 9630 Lease Purchase of Capital Lease 9640 Compensated Absences Long Term 9650 Post-Employment Benefits Long Term 9660 Other Long-Term Liabilities 9670 Total Long-Term Liabilities TOTAL LIABILITIES , Page 14

15 Proprietary Funds Group 50 Enterprise Funds: 51 Bookstore Fund 53 Farm Operations Fund COMBINED BALANCE SHEET 52 Cafeteria Fund 59 Other Enterprise Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED Farm Other CA Bookstore Cafeteria Operations Enterprise Description (Object) Fund Fund Fund Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes 9712 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance Uncommitted(Unrestricted) Fund Balance ,646 Other Equity 9800 Contributed Capital 9810 Retained Earnings 9850 Investment in General Fixed Assets 9890 TOTAL FUND EQUITY 600, TOTAL LIABILITIES AND FUND EQUITY 963, Page 15

16 Proprietary Funds Group 60 Internal Service Funds: 61 Self-Insurance Fund COMBINED BALANCE SHEET 69 Other Internal Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA Other Internal Service Description (Object) Self-Insurance Fund Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 In County Treasury ,575,332 Cash With Fiscal Agents 9113 Revolving Cash Accounts 9114 Investments (at cost) 9120 Accounts Receivable 9130 Due from Other Funds ,349 Student Loans Receivable 9150 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 Prepaid Items 9220 Fixed Assets 9300 Sites 9310 Site Improvements 9320 Accumulated Depreciation Site Improvements 9321 Buildings 9330 Accumulated Depreciation Buildings 9331 Library Books 9340 Equipment 9350 Accumulated Depreciation Equipment 9351 Work in Progress 9360 Total Fixed Assets 0 0 TOTAL ASSETS 5,025,681 0 Page 16

17 Proprietary Funds Group 60 Internal Service Funds: 61 Self-Insurance Fund COMBINED BALANCE SHEET 69 Other Internal Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA Other Internal Service Description (Object) Self-Insurance Fund Fund LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 Total Current Liabilities and Deferred Revenue 0 0 Long-Term Liabilities 9600 Bonds Payable 9610 Revenue Bonds Payable 9620 Certificates of Participation 9630 Lease Purchase of Capital Lease 9640 Compensated Absences Long Term 9650 Post-Employment Benefits Long Term 9660 Other Long-Term Liabilities 9670 Total Long-Term Liabilities 0 0 TOTAL LIABILITIES Page 17

18 Proprietary Funds Group 60 Internal Service Funds: 61 Self-Insurance Fund COMBINED BALANCE SHEET 69 Other Internal Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA Other Internal Service Description (Object) Self-Insurance Fund Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes ,025,681 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 5,025,681 0 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance 0 0 Uncommitted(Unrestricted) Fund Balance 9790 Other Equity 9800 Contributed Capital 9810 Retained Earnings 9850 Investment in General Fixed Assets 9890 TOTAL FUND EQUITY 5,025,681 0 TOTAL LIABILITIES AND FUND EQUITY 5,025,681 0 Page 18

19 Fiduciary Funds Group 70 Trust Funds COMBINED BALANCE SHEET For Year Ended June 30, 2011 District ID: 530 Name: MERCED Associated Student Student Body Student Scholarship Deferred CA Students Representation Center Fee Financial Aid and Loan Investment Compensation Other Description (Object) Trust Fund Fee Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks , ,728 1,452,555 In County Treasury ,201 Cash With Fiscal Agents , ,431 Revolving Cash Accounts 9114 Investments (at cost) ,929, ,000 Accounts Receivable ,019,519 2,758 1,000,000 Due from Other Funds ,480 4,163 35,673 Student Loans Receivable 9150 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 Prepaid Items 9220 Fixed Assets 9300 Sites 9310 Site Improvements 9320 Accumulated Depreciation Site Improvements 9321 Buildings 9330 Accumulated Depreciation Buildings 9331 Library Books 9340 Equipment 9350 Accumulated Depreciation Equipment 9351 Work in Progress 9360 Total Fixed Assets TOTAL ASSETS 178, ,298,733 2,521, ,957,659 Page 19

20 Fiduciary Funds Group 70 Trust Funds COMBINED BALANCE SHEET For Year Ended June 30, 2011 District ID: 530 Name: MERCED Associated Student Student Body Student Scholarship Deferred CA Students Representation Center Fee Financial Aid and Loan Investment Compensation Other Description (Object) Trust Fund Fee Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable , ,950 5,461 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds ,164,783 15,190 10,761 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 Total Current Liabilities and Deferred Revenue 1, ,298,733 15, ,222 Long-Term Liabilities 9600 Bonds Payable 9610 Revenue Bonds Payable 9620 Certificates of Participation 9630 Lease Purchase of Capital Lease 9640 Compensated Absences Long Term 9650 Post-Employment Benefits Long Term 9660 Other Long-Term Liabilities 9670 Total Long-Term Liabilities TOTAL LIABILITIES 968 1, ,298,733 15, ,222 Page 20

21 Fiduciary Funds Group 70 Trust Funds COMBINED BALANCE SHEET For Year Ended June 30, 2011 District ID: 530 Name: MERCED FUND EQUITY Associated Student Student Body Student Scholarship Deferred CA Students Representation Center Fee Financial Aid and Loan Investment Compensation Other Description (Object) Trust Fund Fee Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes ,050 2,506,716 2,863,069 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 177, ,506, ,863,069 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance Uncommitted(Unrestricted) Fund Balance ,368 Other Equity 9800 Contributed Capital 9810 Retained Earnings 9850 Investment in General Fixed Assets 9890 TOTAL FUND EQUITY 177, ,506, ,941,437 TOTAL LIABILITIES AND FUND EQUITY 178, ,298,733 2,521, ,957,659 Page 21

22 Details of General Fund Revenue SUPPLEMENTAL DATA For Actual Year: District ID: 530 Name: MERCED Fund S11 Fund S12 Fund S10 Total Object Unrestricted Restricted General Fund Description Code Actual Actual Actual Federal Revenues 8100 Forest Revenues Higher Education Act , ,687 Workforce Investment Act , ,502 Temporary Assistance for Needy Families (TANF) , ,889 Student Financial Aid ,105 37,105 Veterans Education ,958 1,958 Vocational and Technical Education Act (VATEA) , ,329 Other Federal Revenues ,139 53,504 95,643 Total Federal Revnues ,202 1,858,911 1,940,113 State Revenues 8600 General Apportionments Apprenticeship Apportionment State General Apportionment ,852,095 39,852,095 Other General Apportionment , ,275 General Categorical Programs 8620 Child Development Extended Opportunity Programs and Services(EOPS) ,064,107 1,064,107 Disabled Students Programs and Services(DSPS) , ,917 Temporary Assistance for Needy Families (TANF) California Work Opportunity and Responsibility to Kids (CalWORKs) , ,500 Telecommunications and Technology Infrasturcture Program (TTIP) Other General Categorical Programs ,342,896 1,342,896 Page 22

23 Details of General Fund Revenue SUPPLEMENTAL DATA For Actual Year: District ID: 530 Name: MERCED Fund S11 Fund S12 Fund S10 Total Object Unrestricted Restricted General Fund Description Code Actual Actual Actual Reimburseable Categorical Programs 8650 Instructional Inprovement Grant Other Reimburseable Categorical Programs , ,486 State Tax Subventions 8670 Homeowners' Property Tax Refief , ,622 Timber Yield Tax Other State Tax Subventions ,140 3,140 State Non-Tax Revenues 8680 State Lottery Proceeds ,201, ,900 1,404,057 State Mandated Costs , ,121 Other State Non-Tax Revnues Other State Revenues Total State Revenues ,707,410 4,233,806 45,941,216 Page 23

24 Details of General Fund Revenue SUPPLEMENTAL DATA For Actual Year: District ID: 530 Name: MERCED Fund S11 Fund S12 Fund S10 Total Object Unrestricted Restricted General Fund Description Code Actual Actual Actual Local Revenues 8800 Property Taxes 8810 Tax Allocation, Secured Roll ,637,310 7,637,310 Tax Allocation, Supplemental Roll ,789 43,789 Tax Allocation, Unsecured Roll , ,092 Prior Years Taxes ,756 44,756 Education Revenues Augmentation Fund (ERAF) 8817 (699,269) (699,269) Redevelopment Agency Funds ,579 19,579 Contributions, Gifts, Grants, and Endowments Contract Services 8830 Contract Instructional Services ,643 27,643 Other Contranct Services Sales and Commissions ,814 47,814 Rentals and Leases ,533 25,533 Interest and Investment Income ,083 2, ,008 Student Fees and Charges 8870 Community Services Classes , ,646 Dormitory Enrollment ,621,794 1,621,794 Field Trips and Use of Nondistrict Facilities Health Services , , ,715 Instructional Materials Fees and Sales of Materials Insurance Student Records ,410 46,410 Nonresident Tuition , ,092 Parking Services and Public Transportation , ,988 Other Student Fees and Charges ,754 73,754 Other Local Revenues , ,579 1,081,924 Total Local Revenues ,309,207 1,231,371 12,540,578 Total Revenues 53,097,819 7,324,088 60,421,907 Page 24

25 Details of General Fund Revenue SUPPLEMENTAL DATA For Actual Year: District ID: 530 Name: MERCED Fund S11 Fund S12 Fund S10 Total Object Unrestricted Restricted General Fund Description Code Actual Actual Actual Other Financing Sources 8900 Proceeds of General Fixed Assets ,845 5,845 Proceeds of Long-Term Debt Incoming Transfers -- (8981/8982/8983) 898# 203,141 2,163,097 2,366,238 Total Other Financing Sources ,986 2,163,097 2,372,083 Total Revenues and Other Financing Sources 53,306,805 9,487,185 62,793,990 Page 25

26 SUPPLEMENTAL DATA Expend by Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: Budget Year: District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional ( ) (6000) (7000) Agriculture and Natual Resources ,393 2,947 80, , ,597 Architecture and Environmental Design Environmental Sciences and Technologies ,165 59,165 Biological Sciences ,469,366 3,027 76,985 63,987 1,613,365 Business and Management ,166 29,357 49,739 2, ,994 Communications ,658 13,658 Computer and Information Science ,400 17,515 2, ,247 Education ,511,599 39,422 8,430 24,392 1,583,843 Engineering and Related Industrial Technology ,299,691 23, , ,362 1,861,510 Fine and Applied Arts ,409,780 2,194 25,508 34,437 1,471,919 Foreign language , ,685 Health ,856, , ,138 51,332 2,279,282 Consumer Education And Home Economics ,465 54,632 34,260 24, ,783 Law ,670 11,670 Humanities(Letters) ,069,456 92,927 13, ,176,106 Library Science ,211 18,211 Mathematics ,391,877 6,452 1,235 2,399,564 Military Studies Physical Sciences ,041,950 6,600 24,020 24,694 1,097,264 Psychology , ,192 Public Affairs and Services ,693 99,696 29,400 1, ,730 Social Sciences ,328,818 11,959 1,340,777 Commercial Services Interdisciplinary Studies ,015,780 81, ,274 9,948 1,305,387 Instruc Staff-Retirees' Bnfts & Retire Incents ,537,567 1,537,567 Sub-Total Instructional Activites 23,454, , , ,536 25,740,516 Total Expenditures for GF Activities* 23,568,486 24,955,994 7,346,985 1,709,928 4,280,708 61,862,101 *Total Expenditures for GF Activities above is the grand total of Instructional and Non-Instructional activities. Page 26

27 SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: Budget Year: District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional ( ) (6000) (7000) Instructional Administration and Governance 6000 Academic Administration ,985,699 98,440 41,120 3,125,259 Course and Curriculum Development , ,669 Academic / Faculty Senate ,703 7,079 83,782 Other Instructional Administration & Governance ,649 44, ,954 Total Instructional Admin. & Governance 0 3,357, ,824 41, ,548,664 Instructional Support Services 6100 Learning Center ,044 3,171 84, ,296 Library ,294, , ,763 1,573,486 Media ,665 35,365 71, ,845 Museums and Gallaries Academic Information Systems and Technology ,202 2, ,408 Other Instructional Support Services Total Instructional Support Services 0 2,413, , , ,890,035 Admissions and Records ,708 45,437 3, ,044 Student Counseling and Guidance 6300 Counseling and Guidance ,875,077 15,038 26,926 2,917,041 Matriculation and Student Assessment ,571 1,333 52,904 Transfer Programs ,741 2, ,325 Career Guidance ,387 14, ,158 Other Student Counseling and Guidance , ,771 Total Student Couseling and Guidance 0 3,091,538 33,520 27, ,152,199 Page 27

28 SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: Budget Year: District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional ( ) (6000) (7000) Other Student Services 6400 Cal Work Opportunity and Responsibility to Kids * Disabled Student Programs and Services (DSPS) ,504 46, ,415 Extended Opportunity Programs and Services (EOPS) ,849 25,157 2, ,325 Health Services ,374 60, ,664 Student Personnel Administration ,177 17, ,827 Financial Aid Administration ,046 37,867 6, ,228 Job Placement Services ,071 17,071 Veterans Services Miscellaneous Student Services ,417, ,070 31,923 1,830,812 Total Other Student Services 0 3,969, ,198 41, ,580,342 Operation and maintenance of Plant 6500 Building Maintenance and Repairs ,075, ,918 48,581 1,497,007 Custodial Services ,219, ,879 39,531 1,405,175 Grounds Maintenance and Repairs , ,797 18, ,999 Utilities ,647,688 1,647,688 Other Operations and Maintenance of Plant Total Operation and Maintenance of Plant ,935,739 2,280, , ,322,869 Planning, Policymaking and Coordinations ,524, , ,317 2,317,630 * California Work Opportunity and Responsibility to Kids (CalWORKs). Page 28

29 SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: Budget Year: District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional ( ) (6000) (7000) General Institutional Support Services 6700 Community Relations ,760 31, ,583 Fiscal Operations , ,470 1,244 1,783,716 Human Resourses Management ,423 51, ,725 Noninstruct Staff Retirees' Benefits & Retirement * ,706,312 1,706,312 Staff Development ,713 19,294 42,007 Staff Diversity ,825 5,825 Logistical Services ,183, ,208 15,907 1,388,710 Management Information Systems ,218,062 1,013, ,412 2,438,290 Other General Institutional Support Services ,774 72,774 Total General Institutional Support Services ,609,641 2,130, , ,964,942 Community Services & Economic Development 6800 Community Recreation Community Service Classes ,496 89, , ,381 Community Use of Facilities ,481 15,481 Economic Development ,927 47,927 Other Community Services & Economic Development Total Community Services , , , ,789 * Noninstructional Staff Retirees' Benefits & Retirement Incentives. Page 29

30 SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: Budget Year: District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional ( ) (6000) (7000) Ancillary Services 6900 Bookstore Child Development Centers , ,266 Farm Operations Food Services ,167 6,167 Parking ,945 37,460 92,405 Student and Co-Curricular Activities , ,861 11, ,956 Student Housing Other Ancillary Services ,060 1,474 33,534 Total Ancillary Services , ,447 49, ,027,328 Auxiliary Operations 7000 Contract Education Other Auxiliary Operations ,365 9,365 Total Auxiliary Operations , ,365 Page 30

31 SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: Budget Year: District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional ( ) (6000) (7000) Physical Property and Related Acquisitions ,670 46,670 Long-Term Debt and Other Financing 7200 Long_Term Debt Tax revenue Anticipation Notes Other Financing Total Long-Term Debt and Other Financing Transfers, Student Aid and Other Outgo 7300 Transfers ,847,153 3,847,153 Student Aid , ,555 Other Outgo Total Transfers, Student Aid and Other Outgo ,280,708 4,280,708 Sub-Total Non-Instructional Activites 113,496 24,284,399 6,518, ,392 4,280,708 36,121,585 Total Expenditures General Fund: activities * 23,568,486 24,955,994 7,346,985 1,709,928 4,280,708 61,862,101 * Total Expenditures for the General Fund: Instructional Activities and Non-Instructional Activities. Page 31

32 Budget Year: Gann Appropriations Limit GANN Report DISTRICT NAME: MERCED I Appropriations Limit: A Appropriations Limit: $55,722,532 B Price Factor: C. Population factor: Second Period Actual FTES 10, Second Period Actual FTES 10, Population change factor (C2/C1) D Limit adjusted by inflation and population factors (A * B * C.3) $59,183,242 E. Adjustments to increase limit: 1. Transfers in of financial responsibility $0 2. Temporary voter approved increases 0 3. Total adjustments - increase 0 Sub-Total (D + E.3) $59,183,242 F. Adjustments to decrease limit: 1. Transfers out of financial responsibility $0 2. Lapses of voter approved increases 0 3. Total adjustments - decrease 0 G Appropriations Limit (D + E.3 - F.3) $59,183,242 II Appropriations Subject to Limit: A. State Aid (General Apportionment, Apprenticeship Allowance, Basic Skills, and Partnership for Excellence) 35,813,499 B. State Subventions (Home Owners Property Tax Relief, Timber Yield tax, etc.) 138,245 C. Local Property taxes 7,815,782 D. Estimated excess Debt Service taxes 0 E. Estimated Parcel taxes, Square Foot taxes, etc. 0 F. Interest on proceeds of taxes 70,000 G. Local appropriations from taxes for unreimbursed State, court, and federal mandates 363,390 H Appropriations Subject to Limit $43,474,136 Page 32

33 Governmental Funds Group 10 General Fund REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: General Fund Object Fund: 11 Fund: 12 Fund: 10 Code UNRESTRICTED SUBFUND RESTRICTED SUBFUND TOTAL Description Actual Budget Actual Budget Actual Budget REVENUES: Federal Revenues ,202 36,500 1,858,911 1,529,807 1,940,113 1,566,307 State Revenues ,707,410 37,057,784 4,233,806 5,028,589 45,941,216 42,086,373 Local Revenues ,309,207 11,747,839 1,231, ,603 12,540,578 12,641,442 Total Revenues 53,097,819 48,842,123 7,324,088 7,451,999 60,421,907 56,294,122 EXPENDITURES: Academic Salaries ,458,213 20,416,631 1,586,514 1,944,348 22,044,727 22,360,979 Classified Salaries ,165,843 9,717,648 2,596,213 2,880,165 11,762,056 12,597,813 Employee Benefits ,303,141 14,479,208 1,414,556 1,638,253 14,717,697 16,117,461 Supplies and Materials , , , ,411 1,109,882 1,200,433 Other Operating Expenses and Services ,571,935 5,841, ,168 1,348,444 6,237,103 7,190,056 Capital Outlay , , , ,513 1,709,928 1,620,808 Total Expenditures 50,046,519 52,068,416 7,534,874 9,019,134 57,581,393 61,087,550 Excess /(Deficiency) of Revenues over Expenditures 3,051,300 (3,226,293) (210,786) (1,567,135) 2,840,514 (4,793,428) Other Financing Sources , ,000 2,163,097 1,933,176 2,372,083 2,063,176 Other Outgo ,169,745 2,853,500 1,110,963 1,079,632 4,280,708 3,933,132 Net Increase/(Decrease) in Fund Balance 90,541 (5,949,793) 841,348 (713,591) 931,889 (6,663,384) BEGINNING FUND BALANCE: Net Beginning Balance, July ,869,438 10,959,979 1,140,152 1,981,500 12,009,590 12,941,479 Prior Years Adustments Adjusted Beginning Balance ,869,438 1,140,152 12,009,590 Ending Fund Balance, June 30 10,959,979 5,010,186 1,981,500 1,267,909 12,941,479 6,278,095 Page 33

34 Governmental Funds Group 20 Debt service Funds REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: DEBT SERVICE FUNDS Object Code Fund: 21 Fund: 22 Fund: 29 BOND INTEREST AND REVENUE BOND INTEREST REDEMPTION FUND AND REDEMPTION FUND OTHER DEBT SERVICE FUND Description Actual Budget Actual Budget Actual Budget REVENUES: Federal Revenues 8100 State Revenues 8600 Local Revenues ,496,148 2,264,500 Total Revenues 2,496,148 2,264, Other Financing Sources 8900 Interfund Transfers In 8981 Other Incoming Transfers 8983 Total Other Financing Sources Other Outgo 7000 Debt Retirement (Long Term Debt) 7100 Debt Reduction ,010, ,000 Debt Interest and Other Service Charges ,219,943 2,186,133 Transfers Outgoing 7300 & 7400 Reserve for Contingencies 7900 Total Other Outgo ,229,943 2,906, Net Other Financing Sources / (Other Outgo) 8900 & 7000 (3,229,943) (2,906,133) Net Increase/Decrease in Fund Balance (733,795) (641,633) BEGINNING FUND BALANCE: Net Beginning Balance, July ,119,018 1,385, Prior Years Adustments 9020 Adjusted Beginning Balance ,119, Ending Fund Balance, June 30 1,385, , Page 34

35 Governmental Funds Group 30 Special Revenue Funds -- Part 1 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Special Revenue Funds Object FUND: 31 FUND 32 FUND 33 Code BOOKSTORE FUND CAFETERIA FUND CHILD DEVELOPMENT FUND Description Actual Budget Actual Budget Actual Budget REVENUES: Federal Revenues , ,150 State Revenues , ,424 Local Revenues , ,736 Total Income ,015,248 1,278,310 Expenditures Academic Salaries 1000 Classified Salaries , ,653 Employee Benefits , ,485 Supplies and Materials , ,315 Other Operating Expenses and Services , ,579 Capital Outlay ,751 8,779 Total Expenditures ,088,624 1,335,811 Excess /(Deficiency) of Revenues over Expenditures (73,376) (57,501) Other Financing Sources ,947 80,000 Other Outgo ,084 19,500 Net Increase/(Decrease) in Fund Balance (13,513) 2,999 Begining Fund Balance: Net Beginning Balance, July ,835 2,322 Prior Years Adustments 9020 Adjusted Beginning Balance ,835 Ending Fund Balance, June ,322 5,321 Page 35

36 Governmental Funds Group 30 Special Revenue Funds -- Part 2 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Special Revenue Funds Object FUND: 34 FUND 35 FUND 39 Code FARM OPERATION FUND REVENUE BOND PROJECT FUND OTHER SPECIAL REVENUE FUND Description Actual Budget Actual Budget Actual Budget REVENUES: Federal Revenues 8100 State Revenues 8600 Local Revenues , ,873 Total Income 82, , Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials ,605 83,885 Other Operating Expenses and Services ,654 49,654 Capital Outlay Total Expenditures 88, , Excess /(Deficiency) of Revenues over Expenditures (5,623) 4, Other Financing Sources 8900 Other Outgo ,030 Net Increase/(Decrease) in Fund Balance (26,653) 4, Begining Fund Balance: Net Beginning Balance, July ,082 26, Prior Years Adustments 9020 Adjusted Beginning Balance , Ending Fund Balance, June 30 26,429 31, Page 36

37 Governmental Funds Group 40 Capital Projects Funds REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Capital Projects Funds Object FUND: 41 FUND 42 Code CAPITAL QUTLAY PROJECTS FUND REVENUE BOND CONSTRUCTION FUND Description Actual Budget Actual Budget REVENUES: Federal Revenues 8100 State Revenues 8600 Local Revenues , ,700 50,113 57,000 Total Income 138, ,700 50,113 57,000 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 Other Operating Expenses and Services ,200 4,200 Capital Outlay ,645,029 1,215, ,586 1,831,743 Total Expenditures 1,645,029 1,215, ,786 1,835,943 Excess /(Deficiency) of Revenues over Expenditures (1,506,257) (1,097,611) (173,673) (1,778,943) Other Financing Sources ,271, ,828 Other Outgo ,624 Net Increase/(Decrease) in Fund Balance (234,428) (139,783) (227,297) (1,778,943) Begining Fund Balance: Net Beginning Balance, July ,839,110 2,604,682 9,687,074 9,459,777 Prior Years Adustments 9020 Adjusted Beginning Balance ,839,110 9,687,074 Ending Fund Balance, June 30 2,604,682 2,464,899 9,459,777 7,680,834 Page 37

38 Proprietary Funds Group 50 Enterprise Funds Group -- Part 1 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Enterprise Funds Object FUND: 51 FUND 52 FUND 53 Code BOOKSTORE FUND CAFETERIA FUND FARM OPERATIONS Description Actual Budget Actual Budget Actual Budget REVENUES: Local Revenues ,575,607 2,475,784 Other Financing Sources 8900 Total Income 2,575,607 2,475, Cost of Sales ,009,082 1,931,215 Gross Profit or Loss 566, , Expenditures Academic Salaries 1000 Classified Salaries , ,439 Employee Benefits , ,757 Supplies and Materials ,497 12,000 Other Operating Expenses and Services , ,000 Capital Outlay ,790 Total Expenditures 708, , Net Profit or Loss (142,454) (197,627) Other Outgo ,000 20,000 Net Increase/(Decrease) in Fund Balance (162,454) (217,627) Begining Fund Balance: Net Beginning Balance, July , , Prior Years Adustments ,242 Adjusted Beginning Balance , Ending Fund Balance, June , , Page 38

39 Proprietary Funds Group 50 Enterprise Funds Group -- Part 2 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Enterprise Funds Object FUND: 59 Code OTHER ENTERPRISE FUND Description Actual Budget REVENUES: Local Revenues 8800 Other Financing Sources 8900 Total Income 0 0 Cost of Sales 5890 Gross Profit or Loss 0 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 Other Operating Expenses and Services 5000 Capital Outlay 6000 Total Expenditures 0 0 Net Profit or Loss 0 0 Other Outgo 7000 Net Increase/(Decrease) in Fund Balance 0 0 Begining Fund Balance: Net Beginning Balance, July Prior Years Adustments 9020 Adjusted Beginning Balance Ending Fund Balance, June Page 39

40 Proprietary Funds Group 60 Enterprise Funds Group REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Internal Service Funds Object FUND: 61 FUND 69 Code SELF-INSURANCE FUND OTHER INTERNAL SERVICES FUND Description Actual Budget Actual Budget REVENUES: Local Revenues , ,349 Other Financing Sources ,000 50,000 Total Income 498, , Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 Other Operating Expenses and Services 5000 Capital Outlay 6000 Total Expenditures Net Profit or Loss 498, , Other Outgo ,000 Net Increase/(Decrease) in Fund Balance 498, Begining Fund Balance: Net Beginning Balance, July ,527,261 5,025,681 0 Prior Years Adustments 9020 Adjusted Beginning Balance ,527,261 0 Ending Fund Balance, June 30 5,025,681 5,026, Page 40

41 Fiduciary Funds Group 70 Fiduciary Funds Group -- Part 1 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Fiduciary Funds Group Object FUND: 71 FUND 72 FUND 73 REVENUES: Code ASSOCIATED STUDENTS TRUST FUND REPRESENTATION FEE TRUST FUND BODY CENTER FEE TRUST FUND Description Actual Budget Actual Budget Actual Budget Federal Revenues 8100 State Revenues 8600 Local Revenues ,161 24,400 Total Income 35,161 24, Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials ,514 37,647 Other Operating Expenses and Services ,556 10,245 Capital Outlay 6000 Total Expenditures 28,070 47, Excess /(Deficiency) of Revenues over Expenditures 7,091 (23,492) Other Financing Sources ,000 5,000 Other Outgo ,000 3,800 Net Increase/(Decrease) in Fund Balance 11,091 (22,292) Begining Fund Balance: Net Beginning Balance, July , , Prior Years Adustments 9020 Adjusted Beginning Balance , Ending Fund Balance, June , , Page 41

42 Fiduciary Funds Group 70 Fiduciary Funds Group -- Part 2 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Fiduciary Funds Group Object FUND: 74 FUND 75 FUND 76 REVENUES: Code FINANCIAL AID TRUST FUND SCHOLARSHIP & LOAN TRUST FUND INVESTMENT TRUST FUND Description Actual Budget Actual Budget Actual Budget Federal Revenues ,548,532 30,316,348 State Revenues ,868,492 1,700,000 Local Revenues ,546 Total Income 27,417,024 32,016, , Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 Other Operating Expenses and Services ,001 Capital Outlay 6000 Total Expenditures , Excess /(Deficiency) of Revenues over Expenditures 27,417,024 32,016, , Other Financing Sources , ,596 Other Outgo ,598,537 32,191, ,755 Net Increase/(Decrease) in Fund Balance , Begining Fund Balance: Net Beginning Balance, July ,255,926 2,506,716 0 Prior Years Adustments 9020 Adjusted Beginning Balance ,255,926 0 Ending Fund Balance, June ,506,716 2,506, Page 42

43 Fiduciary Funds Group 70 Fiduciary Funds Group -- Part 3 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: Budget Year: Fiduciary Funds Group Object FUND: 77 FUND 79 Code DEFERRED COMPENSATION TRUST FUND OTHER TRUST FUNDS Description Actual Budget Actual Budget REVENUES: Federal Revenues 8100 State Revenues 8600 Local Revenues ,109,502 Total Income 0 0 1,109,502 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials Other Operating Expenses and Services ,233 Capital Outlay 6000 Total Expenditures ,907 0 Excess /(Deficiency) of Revenues over Expenditures ,595 0 Other Financing Sources 8900 Other Outgo ,000 Net Increase/(Decrease) in Fund Balance ,595 0 Begining Fund Balance: Net Beginning Balance, July ,839,842 2,941,437 Prior Years Adustments 9020 Adjusted Beginning Balance ,839,842 Ending Fund Balance, June ,941,437 2,941,437 Page 43