Annual Financial Report, PDE For the Fiscal Year Ending 06/30/2014

Transcription

1 LEA Name: Mount Carmel Area SD Address 600 Wst 5th City Mt Carmel, PA Class Size: 3 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. Bernard Stellar Chief School Administrator Donna James Board Secretary (Signature required) (Signature required) Date Date Corrina Lesko (570) Ext Contact Person Contact Person Telephone Number leskoc@mca.k12.pa.us Contact Person Address (570) 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 10/24/2014 8:14:54 AM

2 School: Mount Carmel Area SD Printed 10/24/2014 8:14:54 Validations Failed Page 1 of 2 Contact Information: Corrina Lesko Extension: 3119 leskoc@mca.k12.pa.us Index Validation Failed Amount REG: Interfund Trans-Out must equal REG Interfund Trans-In plus REP Trans In/Out. Reference amts do not include any incoming transfers of the Fid. Funds. Include Fid. Fund incoming transfer info in the justification. Correct or enter a justification. Transfers Out (REG 5200) (REG 9300) + (REP 9999) Justification: Transferred from the cafeteria REG: Account total 0050 has an amount entered for a prior period adjustment. Please provide an explanation for this entry. REG, 0050 Justification: Adjustment to retirement expense from REP: Data has been entered for line Transfers From (To) Component Units or Primary Govts. Identify the Component Unit or Primary Govt. REP 9998, Fund 51 Justification: Transfer to General Fund Supplemental Expenditure for 2250 cannot equal 0. Justification: District has no library expenditures No Federal expenditures have been reported in function Please correct or provide an explanation. Justification: All federal funds were expended under function Bond Data Entry: No ending long term liability has been reported for Compensated Absences. Correct data or verify that the LEA does not allow for compensated absences. Governmental Funds Justification: Compensated absences immaterial FRES: Review the variance between federal revenues and expenditures summarized on the FRES. Note: IDEA pass thru, Medical Access, and QSCB/QZAB funded expenditures should be reported as federal expenditures. Please correct or provide a justification. Justification: FRES Federal Expenditures FRES Federal Revenues 286, was IDEA Pass thru and the balance was ACCESS. Expenditures were reported in Special Ed function 1240 and Last Run: 10/24/2014 7:47:28 AM

3 School: Mount Carmel Area SD Printed 10/24/2014 8:14:54 Validations Failed Page 2 of 2 Contact Information: Corrina Lesko Extension: 3119 leskoc@mca.k12.pa.us Index Validation Failed Amount Current Tax Revenue amount cannot exceed 30% variance from prior year amount. Correct the data or enter a justification. Justification: 6152, Current AFR Rev Detail 6152, Prior AFR Rev Detail Prior year 6152 was erroneously recorded in 6400 delinquent taxes. Last year 6152 revenue was 288, Current Tax Revenue amount cannot exceed 30% variance from prior year amount. Correct the data or enter a justification. Justification: 6153, Current AFR Rev Detail 6153, Prior AFR Rev Detail There was an increase of sales of real estate within the district resulting in the additional realty transfer tax PDE verifies that your school received funds for providing non-public transportation. Applicable non-public transportation expenditures must be reported. Non-Public Trans Rev Amt Expenditure 2750 Justification: All expenditures recorded in function 2700, including non-public. Last Run: 10/24/2014 7:47:28 AM

4 Audit Certification Annual Financial Report: For the Fiscal Year Ending 06/30/2014 (Pursuant to PA School Code Section 218(b)) LEA Name: Mount Carmel Area 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 Yes, audit has been completed No, audit has not been completed Auditing Firm: Auditor Contact Name: Auditor Phone: Auditor CERTIFICATION: By signing this page I agree that the financial statements of the school have been properly audited as noted above pursuant 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 Signature Bernard Stellar Date Signature Donna James Date AFR Contact Person: Corrina Lesko Phone: Ext: leskoc@mca.k12.pa.us FAX: Mail completed form to: Bureau of Accounting and Financial Management, Central Agencies and School Finance, 555 Walnut St - 9th Floor, Harrisburg, PA ATTN: AFR NOTE: A new Audit Certification form is due with each AFR Revision.

5 School: Mount Carmel Area SD Printed 10/24/2014 8:14:55 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) ASSETS AND DEFERRED OUTFLOWS OF RESOURCES Assets 0100 Cash and Cash Equivalents 2,045,172 5, Investments 0120 Taxes Receivable (Net) 0130 Due From Other Funds 0141 Due from Other Governments 0142 State Revenue Receivable 0143 Federal Revenue Receivable 0145 Other Intergovernmental Revenue Receivable 0146 Due From Primary Governments 0147 Due From Component Units 0150 Other Receivables (Include Bond Proceeds Receivable) 0160 Advances to Other Funds (Long-Term Loans) 2,212, Inventories 68,306 7, Prepaid Expenses / Expenditures 0190 Other Current Assets TOTAL ASSETS 5,471,353 13, Deferred Outflows Of Resources TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES 5,471,353 13, ,127 49, , ,622

6 School: Mount Carmel Area SD Printed 10/24/2014 8:14:55 BALANCE SHEET - Governmental Funds NAG) Page GOV-2B Capital Reserve 1432 (32) Other Capital Projects Funds (39) Debt Service (40) Permanent (90) Governmental Funds Assets 36,659 2,087, ,212, , , , , , ,884 5,521, ,884 5,521,313

7 School: Mount Carmel Area SD Printed 10/24/2014 8:14:55 BALANCE SHEET - Governmental Funds (NAG) 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) LIABILITIES AND DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES Liabilities 0400 Due to Other Funds 38, Due to Other Governments 0412 Due to Primary Government 0413 Due to Component Units 0420 Accounts Payable 669,897 7, Contracts Payable 0440 Curr. Portion of LT Debt (incl. ST Comp Abs, OPEB) 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 0462 Payroll Deductions and Withholdings 0470 Advances from Other Funds (4,000) 0480 Unearned Revenues 0490 Other Current Liabilities TOTAL LIABILITIES 1,699,929 4, Deferred Inflows Of Resources Fund Balances 0810 Nonspendable Fund Balance 0820 Restricted Fund Balance 8, Committed Fund Balance 0840 Assigned Fund Balance 0850 Unassigned Fund Balance 991,406 3,100,000 TOTAL FUND BALANCES 3,771,424 8,763 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES 5,471,353 13, ,424

8 School: Mount Carmel Area SD Printed 10/24/2014 8:14:55 BALANCE SHEET - Governmental Funds NAG) Page GOV-3B Capital Reserve 1432 (32) Other Capital Projects Funds (39) Debt Service (40) Permanent (90) Governmental Funds Liabilities 39, , , (4,000) ,704, Fund Balances ,884 45, ,100, , ,884 36,884 3,817,071 5,521,313

9 School: Mount Carmel Area SD Printed 10/24/2014 8:14:56 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) REVENUES 6000 Local Sources 4,333, , State Sources 11,785, Federal Sources 586,837 TOTAL REVENUES EXPENDITURES 1000 Instruction 11,244, Support Services 3,986,508 16,705, , Noninstructional Services 271, , Fac Acq, Const, and Imp 5110 Debt Service (Principal & Interest) 1,836, Refund of Prior Year Receipts 41, Short Term Borrowing Interests and Costs TOTAL EXPENDITURES EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (675,866) (34,544) 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 9300 Interfund Transfers - IN (from other funds) 50, Sale / Compensation for Fixed Assets 9500 Capital Contributions 9710 Transfers from Component Unit 9720 Transfers From Primary Govt 9900 Other Financing Sources Not Listed (9000 Series) 5120 Debt Service - Refunded Bond Issues (Pmt to Ref Bond Escrow Agent) 5150 Bond Discounts 5200 Interfund Transfers - Out (to other funds) 5300 Transfer to Component Unit or Primary Government 17,381, ,355 TOTAL OTHER FINANCING SOURCES (USES) 50,000

10 School: Mount Carmel Area SD Printed 10/24/2014 8:14:56 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REG) Governmental Funds Page GOV-4B Capital Reserve 1432 (32) Other Capital Projects Funds (39) Debt Service (40) Permanent (90) Governmental Funds 125 4,448, ,785, , ,820,557 11,244, ,986, , ,769 19, ,836, , ,769 17,550,611 (19,644) (730,054) , ,000

11 School: Mount Carmel Area SD Printed 10/24/2014 8:14:56 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REG) Governmental Funds Page GOV-5A 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 (625,866) (34,544) 0040 Fund Balance - Beginning of Fiscal Year 4,346,888 43, Prior Period Adjustment 50,402 FUND BALANCE - END OF YEAR 3,771,424 8,763

12 School: Mount Carmel Area SD Printed 10/24/2014 8:14:56 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REG) Governmental Funds Page GOV-5B Capital Reserve 1432 (32) Other Capital Projects Funds (39) Debt Service (40) Permanent (90) Governmental Funds (19,644) (680,054) 56,528 4,446, , ,884 3,817,071

13 School: REVENUES Mount Carmel Area SD Amounts Expressed in Whole Dollars Printed 10/24/2014 8:14:56 Budgeted Amounts Original Final STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REBAG) Actual (Budgetary Basis) Variance With Final Budget Positive (Negative) 6000 Local Sources 4,451,639 4,451,639 4,333,222 (118,417) 7000 State Sources 11,373,696 11,373,696 11,785, , Federal Sources 645, , ,837 (58,889) TOTAL REVENUES 16,471,061 16,471,061 16,705, ,560 EXPENDITURES 1100 Regular Programs 7,063,816 7,063,816 7,658,336 (594,520) 1200 Special Programs 2,111,801 2,111,801 2,295,165 (183,364) 1300 Vocational Programs 574, , ,457 (39,436) 1400 Other Instructional Programs 224, , ,990 (147,371) 1500 Nonpublic School Programs 15,000 15,000 8,660 6, Adult Education Programs 1700 Community/Junior College Programs 1800 Pre-Kindergarten 311, , ,260 14, Pupil Personnel Services 421, , ,892 (55,475) 2200 Instructional Staff Services 173, , ,594 26, Administrative Services 858, , ,015 (57,417) 2400 Pupil Health 237, , ,811 67, Business Services 210, , ,152 (62,507) 2600 Operation and Maintenance of Plant Services 1,538,716 1,538,716 1,328, , Student Transportation Services 567, , ,703 (2,651) 2800 Central & Other Support Services 99,175 99, ,366 (4,191) 2900 Other Support Services 3100 Food Services 3200 Student Activities 330, , ,947 68, Community Services 6,710 6,710 9,786 (3,076) 3400 Scholarships and Awards 4000 Fac Acq, Const, and Imp 5110 Debt Service (Principal & Interest) 1,910,089 1,910,089 1,836,738 73, Refund of Prior Year Receipts 41,640 (41,640) 5140 Short Term Borrowing Interests and Costs TOTAL EXPENDITURES 16,655,343 16,655,343 17,381,488 (726,145) EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (184,282) (184,282) (675,867) (491,585) BUDGET AND ACTUAL General Fund Page GOV-6

14 School: Mount Carmel Area SD Amounts Expressed in Whole Dollars OTHER FINANCING SOURCES (USES) 9100 Sale of Bonds 9200 Proceeds From Extended Term Financing Printed 10/24/2014 8:14:56 Budgeted Amounts Original Final STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE (REBAG) Actual (Budgetary Basis) Variance With Final Budget Positive (Negative) 9300 Interfund Transfers - IN (from other funds) 50,000 50, Sale / Compensation for Fixed Assets 9700 Transfers from Comp Unit / Primary Govt 9900 Other Financing Sources Not Listed (9000 Series) 5120 Debt Service - Refunded Bond Issues 5150 Bond Discounts 5200 Interfund Transfers - Out (to other funds) 5300 Transfer to Component Unit or Primary Government 5900 Budgetary Reserve TOTAL OTHER FINANCING SOURCES (USES) 50,000 50,000 SPECIAL AND EXTRAORDINARY ITEMS 8888 Special Items 8889 Extraordinary Items BUDGET AND ACTUAL General Fund Page GOV-7 NET CHANGE IN FUND BALANCES (184,282) (184,282) (625,867) (441,585) 0040 Fund Balance - Beginning of Fiscal Year 4,346,888 4,346, Prior Period Adjustment FUND BALANCE - END OF YEAR (184,282) (184,282) 3,721,021 3,905,303

15 School: Mount Carmel Area SD Printed 10/24/2014 8:14:56 STATEMENT OF NET POSITION (NAP) Proprietary Funds Page PRO-8A 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 Equivalents 391, , Investments 0130 Due From Other Funds 39, Due from Other Governments 21,232 21, Due From Primary Governments 0147 Due From Component Units 0150 Other Receivables (Include Bond Proceeds Receivable) 0170 Inventories 10,614 10, Prepaid Expenses / Expenditures 0190 Other Current Assets Current Assets Noncurrent Assets: 0108 Restricted Cash and Cash Equivalents 0160 Advances to Other Funds (Long-Term Loans) 0211 Land 0212 Site Improvements (net) 422, ,888 39, Building & Building Improvements (net) 28,376 28, Furniture & Equipment (net) 168, ,873 14, Construction in Progress 0260 LT Prepayments (net Acc Amort LT Prepayments) NonCurrent Assets 0910 Deferred Outflows Of Resources 197, ,249 14,252 TOTAL ASSETS AND DEFERRED OUTFLOW OF RESOURCES 620, ,137 53,650

16 School: Mount Carmel Area SD Printed 10/24/2014 8:14:56 STATEMENT OF NET POSITION (NAP) Proprietary Funds Page PRO-9A 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 50,080 50, Due to Other Governments 0413 Due to Component Units 0420 Accounts Payable 4,295 4, Contracts Payable 0440 Curr. Portion of LT Debt (incl. ST Comp Abs, OPEB) 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 4,862 4, Payroll Deductions and Withholdings 0480 Unearned Revenues 7,915 7, Other Current Liabilities 7,964 7,964 Current Liabilities Noncurrent Liabilities: 0470 Advances from Other Funds 0510 Bonds Payable 0520 Extended Term Financing Agreements Payable 75,116 75, Lease Purchase Obligations 13, LT Portion of Compensated Absences 0550 Authority Lease Obligations 0599 Other Long-Term Liabilities NonCurrent Liabilities 13,456 TOTAL LIABILITIES 0950 Deferred Inflows Of Resources 75,116 75,116 13,456 NET POSITION 0791 Invested in Capital Assets Net of Related Debt 0798 Restricted for Legal Purposes ( ) 0799 Unrestricted 545, ,021 40,194 TOTAL NET POSITION 545, ,021 40,194 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION 620, ,137 53,650

17 School: Mount Carmel Area SD Printed 10/24/2014 8:14:57 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION (REP) Proprietary Funds Page PRO-10A OPERATING REVENUES OPERATING EXPENSES Amounts Expressed in Whole Dollars Food Service (51) Child Care Operations (52) Other Enterprise Funds (58) 6600 Food Service Revenue 334, , Charges for Services 53, Other Operating Revenues TOTAL OPERATING REVENUES 334, ,371 53, Salaries 236, , Employee Benefits 139, , Purchased Professional and Technical Service 400 Purchased Property Services 8,477 8,477 25, Other Purchased Service 99,751 99, Supplies 480, , Depreciation 27,920 27,920 4, Dues and Fees 890 Other Operating Expenditures 5,623 TOTAL OPERATING EXPENSES 993, ,234 35,810 TOTAL Internal Service (60) OPERATING INCOME (LOSS) (658,863) (658,863) 18,149 NONOPERATING REVENUES (EXPENSES) 6500 Earnings on Investments Contributions and Donations - Private Sources 6930 Gain / Loss on Sale of Fixed Assets 6991 Refunds of Prior Year Expenditures 7000 State Sources 61,067 61, Federal Sources 621, , Claims and Judgements 830 Interest Expenses 409 TOTAL NONOPERATING REVENUES (EXPENSES) 683, ,088 INCOME (LOSS) BEFORE CONTRIBUTIONS AND TRANSFERS 24,225 24,225 (409) 17,740

18 School: Mount Carmel Area SD Printed 10/24/2014 8:14:57 STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION (REP) Proprietary Funds Page PRO-11A CONTRIBUTIONS AND TRANSFERS 9500 Capital Contributions Amounts Expressed in Whole Dollars Food Service (51) Child Care Operations (52) Other Enterprise Funds (58) 9998 Transfers from (to) Component Units or Primary Govt (50,000) (50,000) 9999 Transfers In (Out) CHANGE IN NET POSITION (25,775) (25,775) TOTAL Internal Service (60) 17, Net Position - Beginning of Fiscal Year 564, ,907 22, Accounting Changes / Residual Equity Transfers 0061 Prior Period Adjustment 5,889 5,889 NET POSITION - END OF YEAR 545, ,021 40,194

19 School: Mount Carmel Area SD Printed 10/24/2014 8:14:57 STATEMENT OF CASH FLOWS (CFP) Proprietary Funds Page PRO-12A 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 334, , 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 376, , Cash Payments For Insurance Claims 9943 Cash Payments to Suppliers For Goods and Services 588, , Cash Payments For Other Operating Expenses 31,393 Net Cash Provided By (Used For) Operating Activities (630,943) (630,943) (31,393) Cash Flows From Non-Capital Financing Activities 6000 Local Sources 7000 State Sources 61,067 61, Federal Sources 621, , Notes and Loans Received (Repaid) 9918 Interest Paid on Notes/Loans ( ) 9919 Operating Transfers In (Out)/Residual Equity Trans 9920 Operating Transfers In (Out) Primary Government (50,000) (50,000) 31, Operating Transfers In (Out) Component Units 9922 Refund of Prior Year Expenditures (6991) Net Cash Prov By (Used for) Non-Capital Financing Activities 632, ,358 31,393 Cash Flows From Capital and Related Financing Activities 4000 Fac Acq, Const, and Imp 6930 Gain / 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 (15,709) (15,709) Net Cash Prov By (Used for) Capital and Related Financing Activities (15,709) (15,709) Cash Flows From Investing Activities 6500 Earnings on Investments Purchase of Inv Securities / Deposits to Inv Pools 9930 Withdrawls from Investment Pools 9931 Proceeds from Sale and Maturity of Inv Securities 9932 Loans Received (Paid) Net Cash Prov By (Used for) Investing Activities

20 School: Mount Carmel Area SD Printed 10/24/2014 8:14:57 STATEMENT OF CASH FLOWS (CFP) Proprietary Funds Page PRO-13A Food Service (51) Child Care Operations (52) Other Enterprise Funds (58) TOTAL Internal Service (60) Net Inc (Dec) in Cash and Cash Flow (13,564) (13,564) 9935 Cash and Cash Equivalents Beginning of Year 404, ,606 Cash and Cash Equivalents at Year End 391, , Other Financing Sources Not Listed (9000 Series) (658,863) (658,863) 18,149 Adjustments to Reconcile Operating Income (Loss) to Net Cash Provided by (Used for): 9901 Depreciation and Net Amortization 27,920 27,920 4, Provision for Uncollectible Accounts 9903 Other Adjustments (4,702) (4,702) (31,801) 9904 (Inc) Dec In Accounts Receivable ( ) 50,358 50, Advances to Other Funds (0160) 13,836 13,836 11, (Inc) Dec in Inventories (0170) 1,184 1, (Inc) Dec in Prepaid Expenses (0180) 9908 (Inc) Dec in Other Current Assets (0190) (4,995) 9909 Inc (Dec) in Accounts Payable ( ) (83,879) (83,879) (53) 9910 Inc (Dec) in Accrued Salaries/Benefits (0461) (8,622) (8,622) 9911 Inc (Dec) in Payroll Deductions/Withholding (0462) 9912 Inc (Dec) in Advances from Other Funds (0470) 35,107 35,107 (28,253) 9913 Inc (Dec) in Unearned Revenue (0480) (2,256) (2,256) 9914 Inc (Dec) in Other Current Liabilities (0490) (1,026) (1,026) Adjustments 27,920 27,920 (49,542) Cash Provided By (Used For) (630,943) (630,943) (31,393)

21 School: Mount Carmel Area SD Printed 10/24/2014 8:14:58 STATEMENT OF NET POSITION (NAF) Fiduciary Funds Page FID-14A 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 116, , Investments 0130 Due From Other Funds 0147 Due From Component Units 0150 Other Receivables 0160 Advances to Other Funds 0170 Inventories 0180 Prepaid Expenses / Expenditures 0190 Other Current Assets 0220 Building & Building Improvements (net) 0230 Furniture & Equipment (net) TOTAL ASSETS 116, , Deferred Outflows Of Resources TOTAL ASSETS AND DEFERRED OUTFLOWS OF RESOURCES 116, ,539

22 School: Mount Carmel Area SD Printed 10/24/2014 8:14:58 STATEMENT OF NET POSITION (NAF) Fiduciary Funds Page FID-14B Component Units (98) Component Units (99) Fiduciary Funds 237, , ,418

23 School: Mount Carmel Area SD Printed 10/24/2014 8:14:58 STATEMENT OF NET POSITION (NAF) Fiduciary Funds Page FID-15A 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 Funds 0411 Due to Other Governments 0412 Due to Primary Government 0413 Due to Component Units 0420 Accounts Payable 0430 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 120,539 TOTAL LIABILITIES 120, Deferred Inflows Of Resources Net Position 0791 Invested in Capital Assets Net of Related Debt 0798 Restricted for Legal Purposes ( ) 116, Unrestricted TOTAL NET POSITION 116,879 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION 116, ,539

24 School: Mount Carmel Area SD Printed 10/24/2014 8:14:58 STATEMENT OF NET POSITION (NAF) Fiduciary Funds Page FID-15B Component Units (98) Component Units (99) Fiduciary Funds , , , , ,418

25 School: Mount Carmel Area SD Printed 10/24/2014 8:14:58 STATEMENT OF CHANGES IN NET POSITION (CNAF) Fiduciary Funds Page FID-16A 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 4, Other Additions Deductions 9947 Scholarships Awarded 10, Other Deductions Change In Net Position (5,637) 0041 Net Position - Beginning of Fiscal Year 122, Net Position Held in Trust for Pension Benefits Net Position - End of Fiscal Year 116,879

26 School: Mount Carmel Area SD Printed 10/24/2014 8:14:58 STATEMENT OF CHANGES IN NET POSITION (CNAF) Fiduciary Funds Page FID-16B Fiduciary Funds 4, , (5,637) 122, ,879

27 School: Mount Carmel Area SD Printed 10/24/2014 8:15:01 DETAIL OF GENERAL FUND REVENUES AND OTHER FINANCING SOURCES Page REV-18 AMOUNT TOTAL 6000 Revenue from Local Sources 6111 Current Real Estate Taxes 2,234, Public Utility Realty Tax 4, Payments in Lieu of Current Taxes / State & Local 6, Current Per Capita Taxes, Sec , Current Act 511 Taxes - Flat Rate Assessments 40, Current Act 511 Taxes - Proportional Assessments 1,159, Delinq on Taxes Levied/Assessed by the LEA 565, Earnings on Investments 8, Federal IDEA Pass Through Revenue 250, Federal Rev. Rcvd. from Other Intermed. Sources 10, Rentals 4, Receipts from Other LEAS in PA - Education Revenue From Community Service Activities 16, Refunds of Prior Years' Expenditures All Other Local Revenues Not Specified 4, Revenue from Local Sources 4,333, Revenue from State Sources 7110 Basic Education Funding (Gross) 7,852, Tuition - Orphans & Children Placed in Priv. Homes 3, Special Education Funding for School Aged Pupils 1,050, Pre-K Counts 297, Transportation (Regular and Additional) 433, Rental and Sinking Fund Payments 657, Health Services 28, State Property Tax Reduction Allocation 223, PA Accountability Grant 124, Additional grants not listed elsewhere 6, Revenue for Social Security Payments 292, Revenue for Retirement Payments 815, Revenue from State Sources 11,785,562.41

28 School: Mount Carmel Area SD Printed 10/24/2014 8:15:01 DETAIL OF GENERAL FUND REVENUES AND OTHER FINANCING SOURCES Page REV-19 AMOUNT TOTAL 8000 Revenue from Federal Sources 8514 NCLB, Title I - Imprv. Acad. Ach. (Disadvantaged) 414, NCLB, Title II - Prep/Trng/Recruit. HQ Tchrs/Prin. 115, Schl Based ACCESS Med Reimb Prog 40, Medical Asst Reimb for Admin Claiming 16, Revenue from Federal Sources 586, Other Financing Sources 9350 Enterprise Fund Transfers 50, Other Financing Sources 50,000.00

29 School: Mount Carmel Area SD Printed 10/24/2014 8:15:01 DETAIL OF GENERAL FUND REVENUES AND OTHER FINANCING SOURCES Page REV-20 AMOUNT TOTAL SUMMARY OF GENERAL FUND REVENUES AND OTHER FINANCING SOURCES AMOUNT TOTAL Revenue from Local Sources Revenue from State Sources Revenue from Federal Sources Other Financing Sources 4,333, ,785, , , ,755,621.17

30 School: Mount Carmel Area SD Printed 10/24/2014 8:15:01 TAX SCHEDULE - ACT 511 AND ACT 1 Page REV-1 Taxable Assessed Value Tax Levy Taxes Collected 6111 s 69,759,838 2,822,311 2,206, Current Act 511 Taxes - Flat Rate Assessments 6141 Per Capita Taxes 27, Emergency and Municipal Services Tax 13, Current Act 511 Taxes - Flat Rate Assessments 40, Current Act 511 Taxes - Proportional Assessments 6151 Earned Income Taxes 825, Occupation Taxes - Millage 295, Real Estate Transfer Taxes 39, Current Act 511 Taxes - Proportional Assessments 1,159, Act 1 and Act 511 Taxes 1,200,161.34

31 School: Mount Carmel Area SD Printed 10/24/2014 8:15:02 CONVERSION OF ACCRUAL BASIS TAXES TO CASH BASIS TAXES Page REV-21 REVENUE FROM LOCAL SOURCES TAX REVENUE REPORTED IN CURRENT YEAR CURRENT YEAR TAX ACCRUAL PRIOR YEAR TAX ACCRUAL TAXES COLLECTED IN CURRENT YEAR 6111 Current Real Estate Taxes 2,234, , , ,206, Public Utility Realty Tax 4, , Payments in Lieu of Current Taxes / State & Local 6, , Current Per Capita Taxes, Sec , , , , Current Act 511 Taxes - Flat Rate Assessments 40, , , , Current Act 511 Taxes - Proportional Assessments 1,159, , , ,152, Delinq on Taxes Levied/Assessed by the LEA 565, , , TOTAL TAXES 4,038, , , ,078,160.04

32 School: Mount Carmel Area SD Printed 10/24/2014 8:15:02 DELINQUENT TAX SCHEDULE (DTAX) Page SCHED-22 REVENUE FROM DELINQUENT TAXES TAX REVENUE REPORTED IN CURRENT YEAR CURRENT YEAR TAX ACCRUAL PRIOR YEAR TAX ACCRUAL TAXES COLLECTED IN CURRENT YEAR 6411 Delinquent Real Estate Taxes 334, , , Delinquent Interim Real Estate Taxes 6431 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 334, , ,229.78

33 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 SUMMARY OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES (TOTE) BY SUBFUNCTIONS Page EXP Instruction Amount 1100 Regular Programs - E/S 7,658, Special and Gifted Education 2,295, Vocational Education Programs 613, Other Instructional Programs - E/S 371, Nonpublic School Programs 8, Pre-Kindergarten 297, Support Services 2100 Pupil Personnel 476, Instructional Staff 147, Administration 916, Pupil Health 170, Business 273, Operation & Maintenance of Plant Services 1,328, Student Transportation Services 569, Central 103, Operation of Noninstructional Services 3200 Student Activities 261, Community Services 9, Other Expenditures and Financing Uses 11,244, ,986, , Debt Service, Other Expenditures and Fin Uses 1,878, ,878, TOTAL ACTUAL EXPENDITURES OTHER FINANCING USES 17,381,487.06

34 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Instruction 100 Personnel Services-Salaries Personnel Services-Salaries 5,527, Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 1,541, Social Security Contributions 428, PSERS Retirement Contributions 900, Unemployment Compensation 5, Workmen's Compensation 106, Other Employee Benefits 528, Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 3,510, , Purchased Property Services 430 Repairs and Maintenance Purchased Property Services 500 Other Purchased Services 550 Printing & Binding 35, Tuition 1,572, Travel 8, Miscellaneous Purchased Services 34, Other Purchased Services ,650, Supplies 610 General Supplies 118, Books & Periodicals 54, Supplies 173, Property 750 Equipment - Original & Additional 5, Equipment - Replacement 4, Property 800 Other Objects Other Objects 9, , Instruction 11,244,867.62

35 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Regular Programs - E/S Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 1,772, ,894, , ,060, Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 554, , , ,099, Social Security Contributions 139, , , , PSERS Retirement Contributions 290, , , , Unemployment Compensation 1, , , Workmen's Compensation 22, , , , Other Employee Benefits 528, , Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 1,008, ,533, , ,698, , , , Purchased Property Services 430 Repairs and Maintenance Purchased Property Services Other Purchased Services 550 Printing & Binding 22, , , Tuition to Other School Districts Within The State 30, , Tuition to Pennsylvania Charter Schools 592, , Tuition for PRRIs (in-state) and Detention Centers 16, , Travel 1, , , Direct Payments to Intermediate Units 32, (152.38) 32, Other Purchased Services 57, , , Supplies 610 General Supplies 31, , , Books & Periodicals 32, , , Supplies 63, , , Property 750 Equipment - Original & Additional 2, , , Equipment - Replacement 1, , Property 4, , , Regular Programs - E/S 2,908, ,199, , ,658,335.59

36 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Special and Gifted Education Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 675, , ,109, Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 169, , , Social Security Contributions 51, , , PSERS Retirement Contributions 106, , , Unemployment Compensation Workmen's Compensation 8, , , Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 337, , , , , , , Other Purchased Services 550 Printing & Binding 3, , , Tuition to Other School Districts Within The State 10, , , Travel , , IU Payment by Withholding for Institutionalized Children's Prog 2, , Other Purchased Services 14, , , Supplies 610 General Supplies 1, , , Books & Periodicals Supplies 2, , , Property 760 Equipment - Replacement , , Property , , Special and Gifted Education 1,164, ,127, , ,295,165.00

37 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Vocational Education Programs Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 150, , Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 43, , Social Security Contributions 11, , PSERS Retirement Contributions 25, , Unemployment Compensation Workmen's Compensation 2, , Personnel Services-Employee Benefits 81, , Other Purchased Services 550 Printing & Binding Tuition to Career and Technology Centers 379, , Other Purchased Services 380, , Supplies 610 General Supplies Supplies Vocational Education Programs 613, ,457.44

38 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Other Instructional Programs - E/S Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 18, , , Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 28, , Social Security Contributions 1, , , PSERS Retirement Contributions 3, , , Unemployment Compensation Workmen's Compensation , , Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 4, , , Other Purchased Services 550 Printing & Binding Tuition 186, , Other Purchased Services 186, , Other Instructional Programs - E/S 23, , ,990.13

39 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Summer School Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 3, , Personnel Services-Employee Benefits 220 Social Security Contributions PSERS Retirement Contributions Personnel Services-Employee Benefits Summer School 4, ,565.87

40 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Homebound Instruction Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 1, , , Personnel Services-Employee Benefits 220 Social Security Contributions PSERS Retirement Contributions , , Unemployment Compensation Workmen's Compensation Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services , , Homebound Instruction 1, , ,014.78

41 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Alternative Regular Education Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 89, , Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 28, , Social Security Contributions 6, , PSERS Retirement Contributions 14, , Unemployment Compensation Workmen's Compensation 1, , Personnel Services-Employee Benefits 51, , Other Purchased Services 550 Printing & Binding Tuition 186, , Other Purchased Services 186, , Alternative Regular Education 328, ,270.48

42 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Adjudicated / Court Placed Programs Elementary Secondary Federal 500 Other Purchased Services 561 Tuition to Other School Districts Within The State 4, , Other Purchased Services 4, , Adjudicated / Court Placed Programs 4, ,005.79

43 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP PDE Approved Alternative Education Programs Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 89, , Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 28, , Social Security Contributions 6, , PSERS Retirement Contributions 14, , Unemployment Compensation Workmen's Compensation 1, , Personnel Services-Employee Benefits 51, , Other Purchased Services 550 Printing & Binding Tuition - Other 182, , Other Purchased Services 182, , PDE Approved Alternative Education Programs 324, ,264.69

44 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Instruct. Prog. Outside the Established School Day Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 17, , Personnel Services-Employee Benefits 220 Social Security Contributions 1, , PSERS Retirement Contributions 2, , Unemployment Compensation Workmen's Compensation Personnel Services-Employee Benefits 4, , Instruct. Prog. Outside the Established School Day 21, , ,139.00

45 School: Mount Carmel Area SD Printed 10/24/2014 8:14:59 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Nonpublic School Programs Federal 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 8, , Nonpublic School Programs 8, ,659.80

46 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Pre-Kindergarten Federal 100 Personnel Services-Salaries Personnel Services-Salaries 82, Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 39, Social Security Contributions 6, PSERS Retirement Contributions 13, Unemployment Compensation Workmen's Compensation 1, Personnel Services-Employee Benefits 60, Other Purchased Services 580 Travel Other Purchased Services 600 Supplies 610 General Supplies 5, Supplies 800 Other Objects Other Objects , , Pre-Kindergarten 297,259.66

47 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Pre K Instruction Federal 100 Personnel Services-Salaries Personnel Services-Salaries 82, Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 39, Social Security Contributions 6, PSERS Retirement Contributions 13, Unemployment Compensation Workmen's Compensation 1, Personnel Services-Employee Benefits 60, Other Purchased Services 580 Travel Other Purchased Services 600 Supplies 610 General Supplies 5, Supplies 1801 Pre K Instruction 148, ,611.89

48 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Pre-K Pass Thru Funds (Partners) 800 Other Objects 800 Other Objects 148, Other Objects 148, Pre-K Pass Thru Funds (Partners) 148,580.00

49 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Support Services 100 Personnel Services-Salaries Personnel Services-Salaries 1,613, Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 583, Social Security Contributions 122, PSERS Retirement Contributions 261, Tuition Reimbursements 8, Unemployment Compensation Workmen's Compensation 17, Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 994, , Purchased Property Services 420 Utility Services 357, Repairs and Maintenance 43, Extermination Services 4, Purchased Property Services 406, Other Purchased Services 510 Student Transportation Services 451, Insurance-General 82, Communications 35, Advertising 4, Printing & Binding 25, Travel 17, Miscellaneous Purchased Services 14, Other Purchased Services 632, Supplies 610 General Supplies 125, Energy 55, Books & Periodicals Supplies 181, Property 750 Equipment - Original & Additional 7, Equipment - Replacement 6, Property 800 Other Objects Other Objects 2000 Support Services 3,986, ,

50 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Pupil Personnel Federal 100 Personnel Services-Salaries Personnel Services-Salaries 293, Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 100, Social Security Contributions 22, PSERS Retirement Contributions 48, Unemployment Compensation Workmen's Compensation 3, Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 175, Other Purchased Services 550 Printing & Binding 1, Other Purchased Services 2100 Pupil Personnel 476, , ,434.62

51 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Guidance Services Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 47, , , Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 21, , , Social Security Contributions 3, , , PSERS Retirement Contributions 8, , , Unemployment Compensation Workmen's Compensation , , Personnel Services-Employee Benefits 33, , , Other Purchased Services 550 Printing & Binding Other Purchased Services Guidance Services 82, , ,031.58

52 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Psychological Services Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries 31, , , Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 9, , , Social Security Contributions 2, , , PSERS Retirement Contributions 5, , , Unemployment Compensation Workmen's Compensation Personnel Services-Employee Benefits 17, , , Other Purchased Services 550 Printing & Binding Other Purchased Services Psychological Services 48, , ,885.35

53 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Social Work Services Federal 100 Personnel Services-Salaries Personnel Services-Salaries 52, Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 21, Social Security Contributions 3, PSERS Retirement Contributions 8, Unemployment Compensation Workmen's Compensation Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 34, Other Purchased Services 550 Printing & Binding Other Purchased Services 2160 Social Work Services 93, ,

54 School: Mount Carmel Area SD Printed 10/24/2014 8:15:00 DETAIL OF GENERAL FUND EXPENDITURES AND OTHER FINANCING USES Page EXP Instructional Staff Elementary Secondary Federal 100 Personnel Services-Salaries Personnel Services-Salaries , , Personnel Services-Employee Benefits 210 Grp Ins - Contracted Provider 9, , , Social Security Contributions , , PSERS Retirement Contributions , , Tuition Reimbursements 3, , , , Workmen's Compensation Personnel Services-Employee Benefits 300 Purchased Professional & Technical Services Purchased Professional & Technical Services 13, , , , , , , Other Purchased Services 550 Printing & Binding Travel Other Purchased Services , Supplies 610 General Supplies Books & Periodicals (225.25) (225.25) Supplies Property 750 Equipment - Original & Additional 6, , Equipment - Replacement 2, , Property 9, , Instructional Staff 18, , , ,593.66