For the Period Ended December 31, Quarterly Financial Report

Transcription

1 For the Quarterly Financial Report

2 General Fund Annual Budget vs Year-to-Date Revenues & Expenses Revenues: Local Revenues - Taxes $ 26,120,414 $ 1,797, % $ 25,670,151 $ 1,625, % Local Revenues - Other 1,487,560 1,953, % 579, , % State Revenue 61,354,719 31,664, % 60,399,957 31,746, % Federal Revenue 58,687 34, % 56,000 30, % Total Revenues 89,021,380 35,450, % 86,705,906 34,054, % Transfers and Allocations Allocations - Funds 43,18 & 19 $ (7,328,664) $ (7,328,664) % $ (6,521,690) $ (6,521,690) % Transfers - Fund 19 & 23 (650,000) (650,000) % (650,000) (650,000) % Total Transfers and Allocations (7,978,664) (7,978,664) % (6,990,600) (7,171,690) % Total Resources Available 81,042,716 27,471, % 79,715,306 26,882, % Salaries $ 54,779,720 $ 26,444, % $ 54,497,855 $ 24,921, % Benefits 15,646,124 8,612, % 17,440,612 8,030, % Purchased Services 6,200,384 2,789, % 5,890,273 2,534, % Supplies and Materials 3,848,757 1,264, % 4,001,777 1,388, % Capital Outlay 634, , % 570, , % Other 822,177 56, % 821,951 6, % Total 81,931,576 39,585, % 83,223,132 37,283, % Prior Year Obligations $ 1,250,000 $ 1,250,000 Total Resources Available Over (Under) $ (2,138,860) $ (12,113,790) $ (4,757,826) $ (10,400,874) Beginning $ 17,197,002 $ 17,197,002 $ 16,121,683 $ 16,121,683 Ending $ 15,058,142 $ 5,083,212 $ 11,363,857 $ 5,720,809 Reserved for TABOR $ 2,548,261 $ 2,548,261 Board Contingency Reserve (5% GF ) 1,979,285 1,864,160 Unassigned 555,666 1,308,388 Current Year-to-Date $ 5,083,212 $ 5,720,809 Budgeted Beginning 17,197,002 Budgeted Beginning 16,121,683 Increase (Decrease) in $ (12,113,790) $ (10,400,874) 1

3 Insurance Reserve Fund Annual Budget vs Year-to-Date Revenues & Expenses Revenues: Local Revenues - Other $ 2,500 $ 535 N/A $ 2,000 $ 2, % Transfers Transfer from General Fund 1,350,000 1,350, % 860, , % Total Resources Available 1,352,500 1,350, % 862, , % Liability Insurance $ 140,000 $ 206, % $ 81,000 $ 130, % Property Insurance 165, , % 185, , % Worker's compensation 1,055,000 1,025, % 550, , % Uninsured Claims 18,148 51,344 N/A 25,000 9,869 N/A Other 5,000 2,872 N/A 8,500 2, % Employee Claims % % Total 1,383,498 1,419, % 850,100 1,168, % Total Resources Available Over (Under) $ (30,998) $ (68,894) $ 12,752 $ (305,086) Beginning $ 40,254 $ 40,254 $ 518,896 $ 518,896 Ending $ 9,256 $ (28,640) $ 531,648 $ 213,810 Current Year-to-Date $ (28,640) $ 213,810 Budgeted Beginning 40,254 Budgeted Beginning 518,896 Increase (Decrease) in $ 11,614 $ (305,086) 2

4 Colorado Preschool Program Annual Budget vs Year-to-Date Revenues & Expenses Transfers Transfer from General Fund $ 4,221,612 $ 4,221, % $ 3,914,786 $ 3,914, % Total Resources Available 4,221,612 4,221, % 3,914,786 3,914, % Salaries $ 3,539,469 $ 1,596, % $ 3,185,894 $ 1,386, % Benefits 665, , % 665, , % Purchased Services 46,558 37, % 218, , % Supplies and Materials 45,000 23, % 50,454 85, % Capital Outlay 157,387 92, % - 158, % Other 5,000 2, % - 2,482 N/A Total 4,458,415 2,322, % 4,119,895 2,245, % Total Resources Available Over (Under) $ (236,803) $ 1,899,297 $ (205,109) $ 1,668,852 Beginning $ 1,000,016 $ 1,000,016 $ 1,000,016 $ 1,000,016 Ending $ 763,213 $ 2,899,313 $ 794,907 $ 2,668,868 Current Year-to-Date $ 2,899,313 $ 2,668,868 Budgeted Beginning 1,589,930 Budgeted Beginning 1,000,016 Increase (Decrease) in $ 1,309,383 $ 1,668,852 3

5 Nutrition Services Fund Annual Budget vs Year-to-Date Revenues & Expenses Revenues Student Meals $ 159,747 $ 91,259 57% $ 131,950 $ 86,505 66% Ala Carte 85,447 20,002 23% 139,106 42,773 31% Adult Meals 5,845 2,356 40% 14,150 2,121 15% Summer Program - 167,643 N/A - 144,421 N/A Catering 77,131 60,340 78% 74,256 35,799 48% Federal Reimbursement 5,308,850 2,274,546 43% 5,237,709 2,317,216 44% State Reimbursement 85,500 68,594 80% 73,817 71,342 97% Cash in Lieu of Commodities 326, ,782 54% 315, ,544 55% Other Revenues - 1,130 N/A 227,950 12,170 N/A Total Revenues 6,048,520 2,861,652 47% 6,214,188 2,884,891 46% Salaries $ 912,124 $ 394,948 43% $ 1,150,000 $ 470,800 41% Benefits 398, ,083 43% 400, ,917 51% Mileage N/A N/A Purchased Services 1,607, ,986 42% 1,533, ,303 39% Repairs and Maintenance 60,000 41,061 68% - 34,539 N/A Supplies (Food and Non-food) 2,115, ,882 47% 2,065, ,973 46% Equipment 800, ,221 N/A - 32,852 N/A Other 10,000 4,963 50% 8,470 - N/A Total 5,903,282 2,686,632 46% 5,157,490 2,284,261 44% Total Resources Available Over (Under) $ 145,238 $ 175,021 $ 1,056,698 $ 600,630 Beginning $ 1,112,937 $ 1,112,937 $ 1,112,937 $ 1,112,937 Ending $ 1,258,175 $ 1,287,958 $ 2,169,635 $ 1,713,567 Current Year-to-Date 1,287,958 1,713,567 Budgeted Beginning 1,112,937 Budgeted Beginning 1,112,937 Increase (Decrease) in 175, ,630 4

6 Government Designated Grants Annual Budget vs Year-to-Date Revenues & Expenses Revenues: Federal Grants $ 7,634,968 $ 1,603, % $ 8,303,729 $ 2,778, % State Grants 1,958,758 1,167, % 1,555,861 1,170, % Local Grants 935, , % 1,583, , % Total Revenues 10,529,305 2,960, % 11,442,615 4,566, % Total Resources Available 10,529,305 2,960, % 11,442,615 4,566, % Salaries $ 7,375,100 $ 2,111, % $ 7,604,515 $ 2,123, % Benefits 1,057, , % 803, , % Purchased Services 748, , % 971, , % Supplies and Materials 477, , % 716, , % Capital Outlay 195,085 57, % 195,085 39, % Other 676, , % 1,151, , % Total 10,529,305 3,974, % 11,442,615 3,952, % Total Resources Available Over (Under) $ - $ (1,013,753) $ - $ 614,383 Beginning $ - $ - $ - $ - Ending $ - $ (1,013,753) $ - $ 614,383 Current Year-to-Date $ (1,013,753) $ 614,383 Budgeted Beginning - Budgeted Beginning - Increase (Decrease) in $ (1,013,753) $ 614,383 5

7 Athletic & Activity Fund Annual Budget vs Year-to-Date Revenues & Expenses Revenues Fees $ 91,004 $ 58, % $ 80,000 $ 70, % Transfers Transfer from General Fund 650, , % 650, , % Total Resources Available 741, , % 730, , % Salaries $ 395,850 $ 184, % $ 395,850 $ 176, % Benefits 74,000 40, % 74,000 40, % Purchased Services 47,711 21, % 47,711 31, % Supplies and Materials 88,895 32, % 88,895 52, % Other 103,544 31, % 58,450 38, % Total 710, , % 664, , % Total Resources Available Over (Under) $ 31,004 $ 398,107 $ 65,094 $ 381,375 Beginning $ 87,831 $ 87,831 $ 75,172 $ 75,172 Ending $ 118,835 $ 485,938 $ 140,266 $ 456,547 Current Year-to-Date $ 485,938 $ 456,547 Budgeted Beginning 87,831 Budgeted Beginning 75,172 Increase (Decrease) in $ 398,107 $ 381,375 6

8 Bond Redemption Fund Annual Budget vs Year-to-Date Revenues & Expenses Revenues Interest $ 16,578 $ 47, % $ 5,000 $ 27, % Property Taxes 8,487, , % 8,502, , % Total Revenues 8,504, , % 8,507, , % Total Resources Available 8,504, , % 8,507, , % Principal Retirements $ 5,915,000 $ 5,915, % $ 5,660,000 $ 5,660, % Interest on Debt 2,536,819 1,268, % 2,800,144 1,400, % Other - Debt Service % % Total 8,452,469 7,183, % 8,460,794 7,060, % Total Resources Available Over (Under) $ 51,784 $ (7,013,611) $ 46,881 $ (6,877,498) Beginning $ 8,430,325 $ 8,430,325 $ 8,334,563 $ 8,334,563 Ending $ 8,482,109 $ 1,416,714 ` $ 8,381,444 $ 1,457,065 Current Year-to-Date $ 1,416,714 $ 1,457,065 Budgeted Beginning 8,430,325 Budgeted Beginning 8,334,563 Increase (Decrease) in $ (7,013,611) $ (6,877,498) 7

9 Capital Reserve Fund Annual Budget vs Year-to-Date Revenues & Expenses Revenues: Sale of Assets $ 800,000 $ 798, % $ 800,000 $ % Other Revenues % % Total Revenues 800, , % 800, % Transfers Transfer from General Fund 1,757,052 1,757, % 1,784,592 1,784, % Total Resources Available 2,557,052 2,555, % 2,584,592 1,784, % 2,365,000 2,686, % 3,571,206 1,863, % Total Resources Available Over (Under) Expendit $ 192,052 $ (130,982) $ (986,614) $ (78,924) Beginning $ 545,254 $ 545,254 $ 3,868,921 $ 3,868,921 Ending $ 737,306 $ 414,272 $ 2,882,307 $ 3,789,997 Current Year-to-Date $ 414,272 $ 3,789,997 Budgeted Beginning 545,254 Budgeted Year End 3,868,921 Increase (Decrease) in $ (130,982) $ (78,924) 8

10 Student Activity Fund Annual Budget vs Year-to-Date Revenues & Expenses Revenues $ 700,000 $ 368,119 N/A $ 665,000 $ 428,477 64% 674, ,927 42% 550, ,346 54% Total Resources Available Over (Under) 25,846 85, , ,131 Beginning $ 627,632 $ 627,632 $ 618,637 $ 618,637 Ending $ 653,478 $ 712,823 $ 733,637 $ 751,768 Current Year-to-Date $ 712,823 $ 751,768 Budgeted Beginning 627,632 Budgeted Beginning 618,637 Increase (Decrease) in $ 85,191 $ 133,131 9

11 Expense Report July 1, - December 31, 2017 Vendor Total Check Date Description ADAMS COUNTY BOCES SELF INSURANCE POOL $1,365, /6/2017 Insurance Pool Payment CHARTWELLS DINING SERVICES $161, /20/2017 Food Services Contractor COMPLETE ABATEMENT SERVICE LLC $60, /20/2017 Asbestos Removal - SHMS TYLER TECHNOLOGIES $100, /20/2017 Accounting Software COMMERCE BANCSHARES INC $51, /3/2017 Purchasing Card Payment ARAPAHOE ROOFING & SHEET METAL INC $86, /8/2017 Roof Replacement at Harris Park CHARTWELLS DINING SERVICES $125, /11/2017 Food Services Contractor ONENECK IT SOLUTIONS LLC $62, /11/2017 SmartNet Renewal CITY OF WESTMINSTER _1012 $58, /16/2017 Water/Sewer IXL LEARNING, INC $73, /16/2017 Instructional Program AP MOUNTAIN STATES LLC $749, /18/2017 Building/Mechanical Upgrades AP MOUNTAIN STATES LLC $126, /18/2017 Building/Mechanical Upgrades SCANTRON CORPORATION $126, /23/2017 Scantron Contract NEOPOST INC $60, /24/2017 Postage COMPUTER INFORMATION CONCEPTS INC $119, /29/2017 Student Information System KIDS FIRST HEALTH CARE $185, /29/2017 Nurse Contract ARAPAHOE ROOFING & SHEET METAL INC $402, /6/2017 Building/Mechanical Upgrades ARAPAHOE ROOFING & SHEET METAL INC $100, /6/2017 Building/Mechanical Upgrades COMMERCE BANCSHARES INC $120, /8/2017 Purchasing Card Payment ALPINE ACHIEVEMENT SYSTEMS $61, /14/2017 Alpine Achievement Renewal for State Data and Student Plans CITY OF WESTMINSTER _1012 $50, /14/2017 Water/Sewer EDGENUITY INC $50, /21/2017 Virtual Classroom and Web Administrator Site Licenses CHARTWELLS DINING SERVICES $367, /22/2017 Food Services Contractor AP MOUNTAIN STATES LLC $830, /28/2017 Building/Mechanical Upgrades AP MOUNTAIN STATES LLC $211, /28/2017 Building/Mechanical Upgrades ADAMS SCHOOL DIST 50 EDUC FOUNDATION $53, /4/2017 1/2 of Excutive Director Salary CITY OF WESTMINSTER _1012 $50, /4/2017 Water/Sewer COMMERCE BANCSHARES INC $128, /16/2017 Purchasing Card Payment GREAT LAKES HOTEL SUPPLY COMPANY $216, /19/2017 Kitchen Equipment for HLHS Kitchen GREAT LAKES HOTEL SUPPLY COMPANY $178, /19/2017 Kitchen Equipment for HLHS Kitchen 10

12 AP MOUNTAIN STATES LLC $262, /24/2017 Building/Mechanical Upgrades AP MOUNTAIN STATES LLC $87, /24/2017 Building/Mechanical Upgrades AP MOUNTAIN STATES LLC $61, /24/2017 Building/Mechanical Upgrades AP MOUNTAIN STATES LLC $51, /24/2017 Building/Mechanical Upgrades CHARTWELLS DINING SERVICES $391, /24/2017 Food Services Contractor PERFORMANCE CONSTRUCTION $89, /24/2017 Irrigation Project COMMERCE BANCSHARES INC $107, /12/2017 Purchasing Card Payment CHARTWELLS DINING SERVICES $393, /14/2017 Food Services Contractor VIRCO INC $54, /15/ Chairs, 200 Desks, 20 Bookcases, & 10 Tables AP MOUNTAIN STATES LLC $51, /4/2017 Building/Mechanical Upgrades PEAK RESOURCES INC $97, /6/2017 Repair & Upgrade to the Network System COMMERCE BANCSHARES INC $69, /11/2017 Purchasing Card Payment CHARTWELLS DINING SERVICES $321, /12/2017 Food Services Contractor CDW GOVERNMENT INC $126, /19/ Chromebooks AP MOUNTAIN STATES LLC $207, /20/2017 Building/Mechanical Upgrades AP MOUNTAIN STATES LLC $52, /20/2017 Building/Mechanical Upgrades 11