Annual Financial Report

Transcription

1 LEA Name : Redbank Valley SO Address : 920 E Broad St New Bethlehem. PA County : Clarion AUN Number: LEA Type: SO Annual Financial Report Accuracy Certification Statement For Fiscal Year Ending 6/30/2016 Pennsylvania Department of Education & Office of Comptroller Operations PDE-2056: Intermediate Unit PDE-2057: School District, AVTS/CTC, Charter School, and Special Program Jointure CERTIFICATION: By signing this page I agree that the electronic data 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. \ Date _/ \</ Board SeC ft"tary Sign~t~re Date Jack E Loughner (814) Ext: Contact Person Contact Person Telephone Number jloughner@redbankvalley.net (814 ) Contact Person Address Contact Person Fax Number Printed 10/28/ :31:00 AM Page 1

2 Audit Certification Annual Financial Report: For Fiscal Year Ending 6/30/2016 (Pursuant to PA School Code Section 218(b)) LEA Name : Redbank Valley SO AUN Number: County : Clarion Audit Certification Due: 12131/2016 This certification is applicable to: 0 Orig. Annual Financial Report submitted to Comptroller Operations: c::-, oate 0 Annual Financial Report revisions submitted on: Date 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 auditors 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 Date Signature Date Jack E Loughner (814 ) Ext: Contact Person Contact Person Telephone Number jloughner@redbankvalley.net (814) Contact Person Address Contact Person Fax Number Printed 10/28/201611:31:01 AM Page2

3 Red bank Valley School District ORGANIZATIONAL CHART ~ Intermediate Principal/ Special Ed. Supervisor with I.U. Board of Directors t Superintendent Superintendent Secretary r--. i ~ J Primary Principa 1/ Director of Education Board Secretary/Business Manager Business Office/ ACCESS Secretary Special Education Secretary Secondary Principal H I Athletic Director t Couches I mterlvfedia TE 15 Elementary 3~6,5 Guidance Counselor.5 School Nurse.5 Physical Education.2 Librarian.s Art LS Music.5 Computer Technologist 3 Learning Support,25 Gifted 1.5 Title I S Library Aide 1 Secretary S Child Specific Aides.5 Title I Aide!LPN PRIMARY SECONDARY.5 Activities Coordinlrtor 14 Elementary K-2 2 Guidance Counselor.5 Guidance Counselor 1 School Nurse.5 School Nurse 2.5 Physical Education.5 Physical Education 1.5 Music.2 Librarian 6 Science.SArt 5 English.5 Music 6 Math.5 Computer Technologist 4 Social Studies 1 Learning Support 3.5 Special Education.25 Gifted.5 Gifted 1.5 Title I IS Language.5 Library Aide 4 Technical Education 1 Secretary 1 Art 5 Kindergarten Aides 1.5 Reading.5 Child Specific Aides 2 Business.5 Title I Aide/LPN.6 Libra"rian.5 Alt. Ed. 3 Secretaries 2 Tide I Aides 2.5 Child Specific Aides 1 Library Aide t f t t MaintCTh'\nce Supervisor 12 Maintenance and Custodial 6 Full-Time 6 Part-Time 1 Teclmology Specialist 1 Cafeteria Manager.5 TechnicianJPIMS Coord. f 18 Cafeteria Workers 4 Full-Time 14 Part-Time P<Jgc 3

4 Annual Financial Report- 06/30/2016 Fiscal Year End Printed 10/28/ :31:44 AM Validations Page- 1 of1 Val Number Description REG: Current Year AFR Beginning Fund Balance must equal PriorY ear AFR Ending Fund Balance. Justifications to this error must fully explain the situation that prompted a fund balance restatement. ~Auditor Adjustment" is not a sufficient justification. Total Govt Funds, Beg Ba!: $8,631, PY Ending Sal, Govt Funds: $8,352, Justification The prior period adjustment is due to reversing out of current revenues last year's retirement received this year and setting up the amount received in September of 2016 as a state receivable and recording it as a current revenue per state guidance REG- Fund 10: Current Year AFR Beginning Fund Balance must equal Prior Year AFR Ending Fund Balance. Justifications to this error must fully explain the situation that prompted a fund balance restatement "Auditor Adjustment" is not a sufficient justification. REG Fund 10, Beg Fund Sal: $8,433, PY Ending Fund Balance: $8,155, The prior period adjustment is due to reversing out of current revenues last year's retirement received this year and setting up the amount received in September of 2016 as a state receivable and recording it as a current revenue per state guidance Revenue Detail: Current Tax Revenue amount cannot exceed 30% variance from prior year amount. Correct the data or enter a justification. 6153, Current AFR Rev Detail: $82, Prior AFR Rev Detail: $56, Increased revenue due to increase real estate transfers within the school district SESS Legal and Accounting Services: SESS Schedule amounts for Special Education vary from prior year by 40% or more. Correct the data or enter a justification. SESS Schedule 2350:$16, PriorY ear SESS Schedule 2350: $7, Increase cost are associated to due process hearings associated within the school year SESS Medical Services: SESS Schedule amounts for Special Education vary from prior year by 40% or more. Correct the data or enter a justification. SESS Schedule 2420: $99.84 Prior Year SESS Schedule 2420: $26.33 Increase cost for medical services due to increased number of students associated with IEP's Page 4

5 PDE-2057 Annual Financial Report /2016 Fiscal Year End Printed 10/28/201611:31:01 AM Balance Sheet- Governmental Funds (NAG) Page- 1 of4 Amounts Expressed in Whole Dollars Assets And Deferred Outflows Of Resources General Fund.(1!!} Public Purpose Trust Other Comet Approved lw Wl Athletic f Capital Reserve (690 mql!ill Assets 0100 Cash and Cash Equivalents 936,006 15, Investments 7,469, Taxes Receivable 253, Due From Other Funds 0141 Due From Other Governments 54, State Revenue Receivable 862, Federal Revenue Receivable 43, Other Intergovernmental Revenue Receivable 0146 Due from Primary Government 0147 Due from Component Unit 0150 Other Receivables 0170 Inventories 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets Total Assets $9,619,297 $15, Deferred Outflows of Resources Total Assets And Deferred Outflows Of Resources $9,619,297 $15,165 PageS

6 Printed 10/28/ :31:01 AM Balance Sheet- Governmental Funds (NAG) Page- 2 of4 Amounts Expressed in Whole Dollars Capital Reserve 1431) ml Other Capital Projects Debt Servic~ MQl Permanent!W Total Governmental Funds Assets And Deferred Outflows Of Resources Assets 0100 Cash and Cash Equivalents 8 40, , Investments 7,469, Taxes Receivable 253, Due From Other Funds 36,246 36, Due From Other Governments 54, State Revenue Receivable 862, Federal Revenue Receivable 43, Other Intergovernmental Revenue Receivable 0146 Due from Primary Government 0147 Due from Component Unit 0150 Other Receivables 0170 Inventories 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets Total Assets $8 $76,608 $9,711, Deferred Outflows of Resources Total Assets And Deferred Outflows Of Resources $8 $76,608 $9,711,078 Page 6

7 PDE-2057 Annual Financial Report Fiscal Year End Balance Sheet- Governmental Funds (NAG) LEA: Redbank Valley SO Printed 10/ :31:01 AM Page- 3 of4 Amounts Expressed in Whole Dollars General Fund lli!l Public Puroose Trust Other Comet Approved Gil!W Athletic I Activity Gm Liabilities And Deferred Inflows Of Resources And Fund Balances Liabilities 0400 Due to Other Funds 36, Due to Other Governments 0412 Due to Primary Government 0413 Due to Component Unit 0420 Accounts Payable 0430 Contracts Payable 0440 Current Portion of Long-Term Debt 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 627, Payroll Deductions and Withholding 653, Unearned Revenues 0490 Other Current Liabilities Total Liabilities $1,317, Deferred Inflows of Resources 254,060 Fund Balances 0810 Nonspendable Fund Balance 0820 Restricted Fund Balance 0830 Committed Fund Balance 5,078,816 15, Assigned Fund Balance 1,420, Unassigned Fund Balance 1,548,034 Total FUnd Balances Total Liabilities, Deferred fnflows Of Resou rces And Fund BalaOces $8,047,736 $9,619,297 : $1~,165. $15;165 Page 7

8 Printed 10/28/ :31:01 AM Balance Sheet- Governmental Funds {NAG) Page- 4 of4 Amounts Expressed in Whole Dollars Liabilities And Deferred Inflows Of Resources And Fund Balances Capital Reserve f1431l ml Other Capital Projects Debt Service M2l Permanent lw Total Governmental Funds Liabilities 0400 Due to Other Funds 36, Due to Other Governments 0412 Due to Primary Government 0413 Due to Component Unit 0420 Accounts Payable 0430 Contracts Payable 0440 Current Portion of Long-Term Debt 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 627, Payroll Deductions and Withholding 653, Unearned Revenues 0490 Other Current Liabilities Total Liabilities $1,317, Deferred Inflows of Resources 254,060 Fund Balances 0810 Nonspendable Fund Balance 0820 Restricted Fund Balance 0830 Committed Fund Balance 5,093, Assigned Fund Balance 8 76,608 1,497, Unassigned Fund Balance 1,548,034 Total Fund Balances $8 $76,608 $8,139,517 Total Liabilities, Deferred Inflows Of Resources And Fund BalanCes $8 $76,608 $9,711,078 PageS

9 Printed 10/28/ :31:05 AM Statement of Revenues, Expenditures, and Changes in Fund Balances -Governmental Funds (REG) Page- 1 of4 Amounts Expressed in Whole Dollars General Fund!1Ql Public Purnose Trust Other Comot Aoproved lw WI Athletic f Activitv!W Capital Reserve (690 1!!W ill} Revenues 6000 Revenue from Local Sources 3,407,596 88, Revenue from State Sources 12,749, Revenue from Federal Sources 335,951 Total Revenues $16,492,860 $88,587 Expenditures 1000 Instruction 10,564, Support Services 4,869, Operation of Non-Instructional Services 365,026 88, Facilities Acquisition, Construction and Improvement Services 5110 Debt Service 1,080, Refund of Prior Year Revenues I Receipts 5140 Short-Term Borrowing -Interest and Costs Total Expenditures $16,878,929 $88,773 Excess (Deficiency) Of Revenues Over Experiditures ($386,069) ($18Gl Other Financing Sources (Uses) 9110 Face Value of Bonds Issued 9120 Proceeds from Refunding of Bonds 9130 Bond Premiums 9200 Proceeds from Extended-Term Financing 9300 lnterfund Transfers- IN 9400 Sale of or Compensation for Loss of Fixed Assets 9710 Transfers from Component Units 9720 Transfers from Primary Governments 9910 Other Financing Sources Not Listed in the 9000 Series 9990 Insurance Recoveries 5120 Debt Service- Refunded Bonds 5150 Bond Discounts 5200 lnterlund Transfers- Out 5300 Transfers Out to Component Units/Primary Governments Total Other Financing Sources (Uses) Page 9

10 Printed 10/28/ :31:05 AM Statement of Revenues, Expenditures, and Changes in Fund Balances- Governmental Funds (REG) Page- 2 of4 Revenues Amounts Expressed in Whole Dollars Capital Reserve (1431) ml Other Capital Projects Fund lw Debt Permanent!W Total Governmental Funds 6000 Revenue from Local Sources 134 3, Revenue from State Sources Revenue from Federal Sources 335,951 Total Revenues $134 $16,581,581 Expenditures 1000 Instruction 10,564, Support Services 4,869, Operation of Non-Instructional Services Facilities Acquisition, Construction and Improvement Services 105, , DebtService 1,080, Refund of Prior Year Revenues I Receipts 5140 Short-Term Borrowing -Interest and Costs Total Expenditures $105,653 $17,073,355 Excess (Deficiency) Of Revenues Over Expenditures ($10s;519) ($491,774) Other Financing Sources {Uses) 9110 Face Value of Bonds Issued 9120 Proceeds from Refunding of Bonds 9130 Bond Premiums 9200 Proceeds from Extended-Term Financing 9300 lnterfund Transfers-!N 9400 Sale of or Compensation for Loss of Fixed Assets 9710 Transfers from Component Units 9720 Transfers from Primary Governments 9910 Other Financing Sources Not Listed in the 9000 Series 9990 Insurance Recoveries 5120 Debt Service- Refunded Bonds 5150 Bond Discounts 5200 lnterfund Transfers- Out 5300 Transfers Out to Component Units/Primary Governments Total Other Financing Sources (Uses) Page 10

11 Printed 10/28/ :31:05 AM Statement of Revenues, Expenditures, and Changes in Fund Balances -Governmental Funds (REG) Page- 3 of4 Amounts Expressed in Whole Dollars General Fund l1j!l Public Purpose Trust Other Compt Approved ml JW Athletic I A ct vitv l.(2id Cap tal. Re serve illq1 ' 690 Q1l Special And Extraordinary Items 9920 Special Items - Gains 9930 Extraordinary Items- Gains 5520 Special Items - Losses 5530 Extraordinary Items - Losses Net Change In Fund Balances ($386,069) ($186) Fund Balance 0001 Fund Balance- Beginning of Fiscal Year 8,433,805 15,351 Fund Balance- End Of Year $8,047,736 S15;16s Page 11

12 Printed 10/28/ :31:05 AM Statement of Revenues, Expenditures, and Changes in Fund Balances- Governmental Funds (REG) Page- 4 of4 Amounts Expressed in Whole Dollars Special And Extraordinary Items Capital. Re serve (1431).Q2l Other Camta 1 Projects Bm.Q. Debt iw Permanent!W Total Governmental ~ 9920 Special Items- Gains 9930 Extraordinary Items - Gains 5520 Special Items- Losses 5530 Extraordinary Items - Losses Net Change In Fund Balances ($105,519) ($491,774) Fund Balance 0001 Fund Balance- Beginning of Fiscal Year 8 182,127 8,631,291 Fund Balance- End Of Year $8 $76;608 $8,139,517 Page 12

13 Statement of Net Position -Proprietary Funds (NAP) LEA: Redbank Valley SO Printed 10/28/201611:31:06 AM Page-1of2 Amounts Expressed in Whole Dollars Assets And Deferred Outflows Of Resources Food Service ill) Child Care Operations JW Other Enterprise TOTAL Internal Current Assets 0100 Cash and Cash Equivalents 98,159 98, Investments 0130 Due From Other Funds 0141 Due From Other Governments 0142 State Revenue Receivable 0143 Federal Revenue Receivable 0146 Due from Primary Government 0147 Due from Component Unit 0150 Other Receivables 0170 Inventories 23,253 23, Prepaid Expenses (Expenditures) 0190 Other Current Assets Total Current Assets $121,412 $121,412 Noncurrent Assets 0211 Land 0212 Site Improvements (Net) 0220 Buildings and Building Improvements {Net) 0230 Machinery, Equipment and Furniture (Net) 0250 Construction in Progress 0260 Long Term Prepayments 0290 Other Noncurrent Assets Total Noncurrent Assets 0910 Deferred Outflows of Resources Total Assets And Deferred Outflows Of Resources $121,412 $121,412 Page 13

14 LEA : Redbank Valley SO Printed 10/28/ :31:06 AM Statement of Net Position - Proprietary Funds (NAP) Page- 2of2 Amounts Expressed in Whole Dollars Liabilities And Deferred Inflows Of Resources And Net Position Food Service illl Child Care Operations &1 Other Enterprise 00 TOTAL Internal Service (!l) Current Liabilities 0400 Due to Other Funds 0411 Due to Other Governments 0413 Due to Component Unit 0420 Accounts Payable 0430 Contracts Payable 0440 Current Portion of Long-Term Debt 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 0462 Payroll Deductions and Withholding 0480 Unearned Revenues 0490 Other Current Liabilities Total Current Liabilities Noncurrent Liabilities 0510 Bonds Payable 0520 Extended-Term Financing Agreements Payable 0530 Lease-Purchase Obligations 0540 Accumulated Compensated Absences 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPES) 0570 Net Pension Liability 0599 Other Long-Term Liabilities Total Noncurrent Liabilities Total Uabilities 0950 Deferred Inflows of Resources Net Position 0791 Invested in Capital Assets, Net of Related Debt 0008 Restricted Net Position ( ) 0799 Unrestricted Net Position Total Net Position Total Liabilities And Deferred Inflows Of Resources And Net Position 121,412 $121,412 $121, ,412 $121;412 $121,412 Page 14

15 2015p2016 PDEP2057 Annual Financial Report- 06/30/2016 Fiscal Year End Printed 10/28/ :31:07 AM Statement of Revenues, Expenses, and Changes in Fund Net Position -Proprietary Funds (REP) Page- 1 of2 Amounts Expressed in Whole Dollars Operating Revenues Food Service ill) Child Care Operations rul Other TOTAL Internal Service.( Q) 6600 Food Service Revenue 239, , Charges for Services 0072 Other Operating Revenue Total Operating Revenues $239,424 $239,424 Operating Expenses 100 Personnel Services- Sa!aries 214, , Personnel Services- Employee Benefrts 133, , Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 15,844 15, Supplies 214, , Depreciation 810 Dues and Fees 890 Miscellaneous Expenditures Total Operating Expenses $578,387 $578,387 Operating Income (Loss) ($338,963) ($338,963) Non Operating Revenues (Expenses} 6500 Earnings on Investments Contributions and Donations from Private Sources 6930 Gains or Losses on Sale of Fixed Assets 6991 Refunds of a Prior Year Expenditure 7000 Revenue from State Sources 25,070 25, Revenue from Federal Sources 328, , Claims and Judgments Against the LEA 830 Interest TOTAL Non Operating Revenues (Expenses) $353,869 $353,869 Income (Loss) Before Contributions And Transfers $14,906 $14,906 Page 15

16 POE-2057 Annual Financial Report- 06/30/2016 Fiscal Year End LEA; RedbankValley SD Printed 10/28/ :31:07 AM Statement of Revenues, Expenses, and Changes in Fund Net Position -Proprietary Funds (REP) Page- 2of2 Amounts Expressed in Whole Dollars Contributions, Transfers, and Special and Extraordinary Items Food Service (ill Child Care Operations lw Other Entemrise Wl TOTAL Internal 5200 lnterfund Transfers- Out 5300 Transfers Out to Component Units/Primary Governments 5520 Special Items - Losses 5530 Extraordinary Items - Losses 9300 lnterfund Transfers- IN 9500 Capital Contributions 9700 Transfers IN From Component Units/Primary Governments 9920 Special Items - Gains 9930 Extraordinary Items - Gains Change In Net Position $14,906. $14, Net Position - Beginning of Fiscal Year 106, Accounting Changes I Residual Equity Transfers Net Position- End Of Year ; $121,412 $121,412 Page 16

17 LEA: Redbank Valley SD Printed 10/28/ :31:10 AM Statement of Cash Flows- Pmprietary Funds (CFP) Page- 1 of3 Amounts Expressed in Whole Dollars Cash Flows From Operating Activities Food Service!ill Child Care Operations (@ Q_ther Enterprise &U TOTAL Internal Servjce(6Ql 0011 Cash Receipts From Users 239, , Cash Receipts From Assessments Made to Other Funds 0013 Cash Receipts From Earnings on Investments 0014 Cash Receipts From Other Operating Revenue 0015 Cash Payments To Employees For Services 347, , Cash Payments For Insurance Claims 0017 Cash Payments To Suppliers For Goods and Services 236, , Cash Payments For Other Operating Expenses Net Cash 'Provided By (Used For) Operating Activities ($345,062) ($345,062) Cash Flows From Non-Capital Financing Activities 0021 Receipts From Local Sources Receipts From State Sources ,070 25, Receipts From Federal Sources , , Notes and Loans Received (Repaid) 0025 Interest Paid on Notes/Loans Operating Transfers In (Out}/Residual Equity Trans 0027 Operating Transfers In (Out) Primary Government I Comp Unit 0028 Receipts From Refund of Prior Year Expenditures Special and Extraordinary Gains (losses) Net Cash Prov By (Used for} Non..capital Financing Activities $353,863 $353,863 Cash Flows From Capital and Related Financing Activities 0031 Payments For Fac Acq, Canst, and Imp Gain I (Loss) on Sale of Fixed Assets Proceeds From Extended Term Financing Principal Paid on Financing Agreements 0035 Interest Paid on Financing Agreements (Inc) Dec in Contributed Capital Net Cash Prov By (Used for} Capital and Related Financing Activities Cash Flows From Investing Activities 0041 Earnings on Investments Purchase of lnv Securities I Deposits to lnv Pools 0043 Receipts From Investment Pool Withdrawals 0044 Proceeds from Sale and Maturity of lnv Securities 0045 Loans Received (Paid) Net Cash Prov By (Used for} Investing Activities 6 $6 Page 17 6 $6

18 Printed 10/28/201611:31:10 AM Statement of Cash Flows- Proprietary Funds (CFP) Page- 2of3 Net Increase (Decrease) in Cash Flows Food Service (ill 8,807 Child Care Operations ill). Other Entemrise Wl IQIAl. 8,807 Internal Service (2l!) 0004 Cash and Cash Equivalents Beginning of Year 89,352 89,352 Cash and cash Equivalents at Year End $98,159 $98,159 Reconciliation of Operating Income (Loss) To Net Cash Provided by (Used For) Operating Activities 0005 Operating Income (Loss) per REP (338,963) (338,963) Adjustments 0051 Depreciation and Net Amortization 0052 Provision for Uncollectible Accounts 0053 Other Adjustments Effect of Changes in Assets, Liabilities, Deferred Outflows and Deferred Inflows 0054 (Inc) Dec In Accounts Receivable ( ) 0055 Advances to Other Funds (0160) 0056 (Inc) Dec in Inventories (0170) (6,099) (6,099) 0057 (Inc) Dec in Prepaid Expenses (0180) 0058 {Inc) Dec in Other Current or Noncurrent Assets 0064 Deferred Outflows (091 0) 0059 Inc (Dec) in Accounts Payable ( ) 0060 Inc (Dec) in Accrued Salaries/Benefits (0461) 0065 Inc {Dec) in Net Pension Liabilities (0570) 0066 Inc (Dec) in Other Postemp Benefit Oblig (0560) 0061 Inc (Dec) in Payroll Deductions/Withholding (0462) 0062 Inc (Dec) in Unearned Revenue (0480) 0063 Inc (Dec) in Other Current or Noncurrent Liabilities 0067 Deferred Inflows (0950) Total Adjustments ($6,099) ($6,Q99) Cash Provided By (Used for) Total ($345,062) ($345,062) Page 18

19 PDE-2057 Annual Financial Report- 06/ Fiscal Year End Statement of Cash Flows- Proprietary Funds (CFP) LEA: Redbank Valley SD Printed 10/28/201611:31:10 AM Page- 3of3 COMBINED STATEMENT OF CASH FLOWS SCHEDULE OF NONCASH INVESTING, CAPITAL, AND FINANCING ACTIVITIES Explanation of Transaction and Balance Sheet Effect Total Amount Page 19

20 Printed 10/28/ :31:11 AM Statement of Net Position -Fiduciary Funds (NAF) Page-1of4 Amounts Expressed in Whole Dollars Assets And Deferred Outflows Of Resources Private Purpose Trust Jill Investment Trust ill) Pension Trust ml Activity!ill Assets 0100 Cash and Cash Equivalents , Investments 12,180 25, Due From Other Funds 0147 Due from Component Unit 0150 Other Receivables 0170 Inventories 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets 0220 Buildings and Building Improvements (Net) 0230 Machinery, Equipment and Furniture (Net) Total Assets $12,306 $37, Deferred Outflows of Resources Total Assets And Deferred Outflows Of Resources $12,306 $37,799 Page 20

21 LEA: Red bank Valley SO Printed 10/28/201611:31:11 AM Statement of Net Position -Fiduciary Funds (NAF) Page- 2 of4 Amounts Expressed in Whole Dollars Assets And Deferred Outflows Of Resources Other Agency lllm Discrete Component Units Wl Discrete Component Units lllm Total Fiduciarv Funds Assets 0100 Cash and Cash Equivalents 12, Investments 37, Due From Other Funds 0147 Due from Component Unit 0150 Other Receivables 0170 Inventories 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets 0220 Buildings and Building Improvements (Net) 0230 Machinery, Equipment and Furniture (Net) Total Assets $50, Deferred Outflows of Resources Total Assets And Deferred Outflows Of ReSoUrces..,$50,105 Page 21

22 PDE-2057 Annual Financial Report Fiscal Year End LEA : Red bank Valley SO Printed 10/ :31:11 AM Statement of Net Position -Fiduciary Funds (NAF) Page- 3 of4 (\mounts Expressed in Whole Dollars Private Purpose Trust ill) Investment Trust ml Pension Trust ill) Activitv (ill 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 Unit 0420 Accounts Payable 0430 Contracts Payable 0450 Short-Term Payab!es 37, Accrued Salaries and Benefits 0462 Payroll Deductions and Withholding 0480 Unearned Revenues 0490 Other Current Liabilities Total Liabilities $37, Deferred Inflows of Resources Net Position 0791 Invested in Capital Assets, Net of Related Debt 0009 Restricted Net Position ( ) 12, Unrestricted Net Position Total Net Position $12,306 Total Liabilities, Deferred Inflows Of Resources And Net Position $12,306 $37,799 Page 22

23 Printed 10/28/201611:31:11 AM Statement of Net Position -Fiduciary Funds {NAF) Page-4of4 Amounts Expressed in Whole Dollars Other Discrete Component Units Wl Discrete Component Units Wl Total Fiduciarv Funds 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 Unit 0420 Accounts Payable 0430 Contracts Payable 0450 Short-T enn Payables 37, Accrued Salaries and Benefits 0462 Payroll Deductions and Withholding 0480 Unearned Revenues 0490 Other Current Liabilities Total Liabilities $37, Deferred Inflows of Resources Net Position 0791 Invested in Capital Assets, Net of Related Debt 0009 Restricted Net Position ( ) 12, Unrestricted Net Position Total Net Position. $12,306 Total Liabilities, DefeiTed Inflows Of ReSources Arid Net Position $50,105 Page 23

24 LEA: Red bank Valley SD Printed 10/28/ :31:12 AM Statement of Changes in Net Position -Fiduciary Funds (CNAF) Page- 1 of1 Amounts Expressed in Whole Dollars Additions 0091 Gifts and Contributions 0092 Other Additions Private Puro ose Trust.IT1l Investment Trust!Z2l Pension Trust ill) Discrete Component Units lidll Discrete Component Units Jl1ID Total Fiduciarv Funds Deductions 0093 Scholarships Awarded 3,044 3, Other Deductions Change In Net Position 0006 Net Position- Beginning of Fiscal Year ($2,911) 15,217 ($2,911) 15, Net Position Held in Trust for Pension Benefits Net Position -End of Fiscal Year $12,306 $12,306 Page 24

25 LEA: Red bank Valley SO Printed 10/28/ :31:12 AM Detail of General Fund Revenues and Other Financing Sources- (REV) General Fund (10) Page- 1 of3 Revenue Reported In Current Year Current Year Tax Accrual Prior Year Tax Accrual Taxes Collected In Current Year Revenue from Local Sources 6111 Current Real Estate Taxes 6113 Public Utility Realty Taxes 6114 Payments in Lieu of Current Taxes- State I Local 6120 Current Per Capita Taxes, Section Current Act 511 Per Capita Taxes 6142 Current Act 511 Occupation Taxes- Flat Rate 6151 Current Act 511 Earned Income Taxes 6153 CurrentAct511 Real Estate Transfer Taxes 6411 Delinquent Real Estate Taxes 6420 Delinquent Per Capita Taxes, Section Delinquent Local Enabling Taxes- Flat Rate Assessments 6500 Earnings on Investments 6700 Revenues from LEA Activities 6831 Federal Revenue Received from Other Pennsylvania Public LEAs 6832 Federal IDEA Revenue Received as Pass Through 6910 Rentals 6999 Other Revenues Not Specified Above TOTAL Revenue from Local Sources 2,051, , , , , , , , , , , , , , , $3,407, ,051, , , , , , , , , $3,044, Page 25

26 Printed 10/28/201611:31:12AM Detail of General Fund Revenues and Other Financing Sources - (REV) General Fund (10) Page- 2 of3 Revenue Reported In Current Year Revenue from State Sources 7110 Basic Education Funding 7160 Tuition for Orphans Subsidy 7271 Special Education funds for School-Aged Pupils 7311 Pupil Transportation Subsidy 7312 Nonpublic and Charter School Pupil Transportation Subsidy 7320 Rental and Sinking Fund Payments I Building Reimbursement Subsidy 7330 Health Services (Medical, Dental, Nurse, Act 25) 7340 State Property Tax Reduction Allocation 7505 Ready to Learn Block Grant 7810 State Share of Social Security and Medicare Taxes 7820 State Share of Retirement Contributions TOTAL Revenue from State Sources 8,438, , , , , , , , , , ,150, $12,749, Page 26

27 LEA : Redbank Valley SD Printed 10/28/201611:31:12AM Detail of General Fund Revenues and Other Financing Sources - (REV) General Fund (1 0) Page- 3of3 Revenue Reported In Current Year Revenue from Federal Sources 8514 NCLB, Title I - Improving the Academic Achievement of the Disadvantaged 8515 NCLB, Title II- Preparing, Training and Recruiting High Quality Teachers and Principals 8820 Medical Assistance Reimbursement for Administrative Claiming {Quarterly) Program TOTAL Revenue from Federal Sources TOTAL FROM ALL SOURCES 247, , $335, $16,492, $3,044, Page27

28 LEA: Red bank Valley SO Printed 10/28/ :31:13 AM Summary of General Fund Revenues and Other Financing Sources- {REVS} General Fund (10) Page- 1 of1 Revenue from Local Sources Revenue from State Sources Revenue from Federal Sources 3,407, ,749, , Other Financing Sources TOTAL FROM ALL SOURCES $16,492, Page 28

29 Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses- (EXP) Page- 1 of14 General Fund (1 0) 1000 Instruction 100 Personnel Services Salaries 100 Personnel Services - Salaries Total Personnel ServiCes- Salaries 200 Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 240 Tuition Reimbursement 250 Unemployment Compensation 260 Workers' Co~pensation Total Personnel Se~ices- Employee Benefits, ', 300 Purchased Professional and Technical Services 322 Professional Educational Services- Ius Total Purchased Professional and Technicill Services 400 Purchased Property Services 430 Repairs and Maintenance Services Total Purchased Property Services 500 Other Purchased Services 561 Tuition To Other School Districts Within the State 562 Tuition To Pennsylvania Charter Schools 563 Tuition To Nonpub!ic Schools 564 Tuition To Career and Technology Centers 580 Travel Total Other Purchased Services 600 Supplies 610 General Supplies 640 Books and Periodicals Total Supplies 700 Propertv 750 Equipment- Original and Additional 760 Equipment- Replacement Total Property 800 Other Objects 810 Dues and Fees Total Other Objects Totai1000 Instruction Total 4,737, $4,737, ,773, , ,368, , , , $3,626, , $926, , $1,913,00 76, , , , , $1,038;801;72 114, , $212,294;98 1, , $17, , $3, $10,564, Page 29

30 POE-2057 Annual Financial Report- 06/30/2016 Fiscal Year End LEA: Redbank Valley SD Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Page- 2of14 General Fund (1 0) 1100 Regular Programs- Elementary I Secondary 100 Personnel Services Salaries 100 Personnel Services - Salaries Total Personnel Services - Salaries 200 Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 240 Tuition Reimbursement 250 Unemployment Compensation 260 Workers' Compensation Total Personnel Services - Employee Benefits 400 Purchased Property Services 430 Repairs and Maintenance Services Total Purchased Property Services 500 Other Purchased Services 561 Tuition To Other School Districts Within the State 562 Tuition To Pennsylvania Charter Schools 580 Travel Total Other Purchased Services 600 Supplies 610 General Supplies 640 Books and Periodicals Total Supplies 700 Propertv 750 Equipment- Original and Additional 760 Equipment- Replacement Total Property 800 Other Objects 810 Dues and Fees Total Other Objects Totai1100 Regular Programs- Elementary I Secondary Elem~ Secondarv Federal Il>l>! 1,788, ,562, , ,592, $1,788, ' $1,562, $241; $3,592, , , , ,253, , , , , , , , ,077, , , , , , , , , , , $1,437, $1,135, $137, $2,711, , , $1, $1, , , , , , , , $195, $ $352, , , , , , , $144,092:74 $37, ' $4, $186,220.35' (424.07) 1, , , $ $16, ($424.07) $16, , , $2, $2, $3,567, $2,913,638.84: $382, $6,863, Page 30

31 Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses- (EXP) Page- 3 of14 General Fund (10) Regular Programs 100 Personnel Services Salaries 100 Personnel Services - Salaries Total Personnel Se'rvices- Salaries 200 Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 240 Tuition Reimbursement 250 Unemployment Compensation 260 Workers' Compensation Total Personnel Se~ices- Employee Benefits 400 Purchased Propertv Services 430 Repairs and Maintenance Services Total Purchased Pro.perty Services 500 Other Purchased Services 561 Tuition To Other School Districts Within the State 562 Tuition To Pennsylvania Charter Schools 580 Travel Total Other Purchased Services 600 Supplies 610 General Supplies 640 Books and Periodicals Total Supplies 700 Propertv 750 Equipment- Original and Additional 760 Equipment- Replacement Total Property 800 Other Objects 810 Dues and Fees Total Other Objects Total1110 Regular Programs Elementarv: Secondarv ~ I<llil! 1 '788, ,562, ,351, $1,788, $1,562, $3;351, , , ,195, , , , , , ,018, , , , , , , , , , $1,437; $1;135; $2.5f3, , , $1, $~, , , , , , , , $195, $156, $352,206:58 52, , , , , , $144, $37, $49.00 $1$1, (424.07) 1, , , $ $16, ($424.07) $1.6, , , $2,7, $2, $3,567, $2,913, '($375.07) $6,480, Page 31

32 Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Page- 4of14 General Fund {10) 1190 Federally-Funded Regular Programs 100 Personnel Services Salaries 1 DO Personnel Services- Salaries Total Personnel Services- Salaries 200 Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation Total Personnel Services- Employee Benefits 600 Supplies 610 General Supplies Total Supplies Total1190 Federally-Funded Regular Programs Element.;;~rv Secondarv ~ Total 241, , $241, $241, , , , , , , , $137, $137, , , $4, $4, $383, $3S3, 188c00 Page 32

33 Printed 10/28/ :31:15 AM Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Page- 5 of14 General Fund (10) 1200 Special Programs- Elementary I Secondary 100 Personnel Services Salaries 100 Personnel Services- Salaries Total Personnel Services- Salaries 200 Personnel Services- Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation Total Personnel SerVices -'Employee Benefits 300 Purchased Professional and Technical Services 322 Professional Educational Services - Ius Total Purchased Professional and Technical Services 500 Qther Purchased Services 562 Tuition To Pennsylvania Charter Schools 563 Tuition To Non public Schools 580 Travel Total Other Purchased Services 600 Supplies 610 General Supplies 640 Books and Periodicals Total Supplies 800 Other Objects 810 Dues and Fees Total Other Objects Tota11200 Special Programs- Elementary I Secondary Elementary Secondary ~ :!Qm! 490, , , $490, $269, $760, , , , , , , , , , , , $440, $:215, $655,921,17 427, , , , $427, $340,? $158, $926, , , , , , $169, $135,572,03 $305; , $ $81.97 $ $1, S759:oo $ $1,528, $962, $159,278:42 $2,650, Page 33

34 Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses- (EXP) Page- 6of14 General Fund (10) 1210 Life Skills Support Elementarv Secondarv.fu!=! IQta! 100 Personnel Services- Salaries 1 00 Personnel Services - Salaries Total Personnel Services - Salaries 456, , $456, $236, , $692, Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation Total Personnel Services- Employee Benefits 265, , , , , , , , , $418, $193, , , , , , $612, Purchased Professional and Technical Services 322 Professional Educational Services- Jus Total Purchased Professional and Technical Services 427, , $427, $340, , $158, ,488,04 $926, Other Purchased Services 562 Tuition To Pennsylvania Charter Schools 563 Tuition To Nonpublic Schools 580 Travel Total other Purchased Services 68, , , , $169, $135, , , $305, Supplies 610 General Supplies 640 Books and Periodicals Total Supplies $ $81.9~ $ , $1, Total1210 Life Skills Support $1,472, $906, $159, $2,538, Page 34

35 Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Page- 7 of 14 General Fund (10) 1240 Academic Support 100 Personnel Services Salaries 1 00 Personnel Services - Salaries Total Personnel Services - Salaries 200 Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation Total Personnel ServiceS- EmplOyee Benefits 600 Supplies 610 General Supplies Total Supplies 800 Other Objects 810 Dues and Fees Total Other Objects Total1240 Academic Support Elem~ Secondarv ~ IQ.tgl 33, , , $33, ' ~ $33, $67, , , , , , , , , , ,' $21, ' $21, $43, $ $138.98: $' $ '$55, $56, $112, Page 35

36 PDE-2057 Annual Financial Report Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses- (EXP) LEA: Red bank Valley SO Printed 10/28/ :31:15 AM Page-8of14 General Fund (1 0) 1243 Gifted Support Elementarv Secondarv &l!w!l IQ!i!! 100 Personnel Services- Salaries 1 00 Personnel Services - Salaries 33, , , Total Personnel Services - Salaries $33, $33, $67, Personnel Services- Employee Benefits 210 Group Insurance- Contracted Provider 10, , , Social Security Contributions 2, , , PSERS Retirement Contributions 8, , Unemployment Compensation Workers' Compensation Total P~rsonnel Services- Enlployee Benefits $21, $21, $43, Supplies 610 General Supplies Total Supplies $ $ Qther Obj~cts 810 Dues and Fees Total Other Objects $ $ Total 1243 Gifted Support $55, $56, $112, Page 36

37 PDE-2057 Annual Financial Report- 06/ Fiscal Year End Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses- (EXP} Page- 9 of14 General Fund (1 0) 1300 Vocational Education 100 Personnel Services-Salaries 100 Personnel Services- Salaries Total Personnel Services -Salaries 200 Personnel Services- Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 240 Tuition Reimbursement 250 Unemployment Compensation 260 Workers' Compensation Total Personnel Services-_ EmPloyee Benefits 500 Other Purchased Services 564 Tuition To Career and Technology Centers Total Other Purchased SerVices 600 Supplies 610 General Supplies 640 Books and Periodicals Total Supplies 700 Propertv 760 Equipment- Replacement Total Property Total1300 Vocational Education Elementarv Secondary: Federal I<llil! 345, , >$345, $345, , , , , , , , , , , , , $244, $244; , , $380,983_.40 $380,983;40 22, , , , $24, $24,219.64' 1, : $1, $1, $996, $996, Page 37

38 PDE-2057 Annual Financial Report- 06/30/2016 Fiscal Year End Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Page- 10 of 14 General Fund (1 0) 1400 Other Instructional Programs- Elementary I Secondary Elementary Secondary ~ I2l>!! 100 Personnel Services- Salaries 100 Personnel Services - Salaries Total Personnel Services- Salaries '$1, , $37, , $38,971 ;63' 200 Personnel Services - Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation , , , , , , Total Personnel Services- Employee Benefits $ $14, $14,53j Other Purchased Services 580 Travel Total Other Purchased Services $ ' $131:73 Total1400 Other Instructional Programs- Elementary I Seconda~.$1, $52, $53, ' Page 38

39 Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Page- 11 of14 General Fund (10) 1430 Homebound Instruction Elementarv secondarv ~!2l;tl 100 Personnel Services Salaries 100 Personnel Services- Salaries Total Personnel Services- Salaries 1, $1, $ , $1, Personnel Services Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation T~tal Personnel Services...; Employee Benefits $ $4.90 $ Other Purchased Services 580 Travel Total Other Purchased Services $ $ Total1430 Homebound Instruction $1, $62.40 $1, Page 39

40 PDE-2057 Annual Financial Report- 06/ Fiscal Year End LEA: Redbank Valley SD Printed 10/28/ :31:15 AM Detail of Governmental Fund Expenditures and Other Financing Uses- (EXP) Page- 12of14 General Fund (1 0) 1440 Alternative Regular Education Programs Elementarv Secondarv Federal I.Qlli 100 Personnel Services- Salaries 100 Personnel Services- Salaries 27, , Total Personnel Services- Salaries $21,6s1.88 $27, Personnel Services- Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation 1, , , , , , TOtal Personnel Services- Employee ~enefits $10, $10, Total1440 Alternative Regular Education ProgramS $38; $38, Page40

41 Printed 10/28/201611:31:15AM Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Page- 13 of 14 General Fund (10) 1442 Alternative Education Programs 100 Personnel Services Salaries 100 Personnel Services- Salaries Total Personnel Services- Salaries 200 Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation Total Personnel Services- Employee Benefits Total1442 Alternative Education Programs Elementar:v: Secondar:v: Federal Total 27, , ' $27, $27, , , , , , , $10, $10, p8, $38, Page 41

42 PDE 2057 Annual Financial Report- 06/30/2016 Fiscal Year End Printed 10/28/201611:31:15 AM Detail of Governmental Fund Expenditures and Other Financing Uses- (EXP) Page 14 of 14 General Fund (10) 1450 Instructional Programs Outside the Established School Day Elementary Secondary ~ I2l;tl 100 Personnel Services- Salaries 100 Personnel Services- Salaries 10, , Total Personnel Services -Salaries $10, $10, Personnel Services Employee Benefits 220 Social Security Contributions 230 PSERS Retirement Contributions , , Total Personnel Services- Employee Benefits '$3, $3; Total1450 Instructional Programs Outside the Established School D3Y $13, $13, Page 42

43 LEA: Red bank Valley SO Printed 10/28/ :31:17 AM Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Page- 1 of 37 General Fund (10) 2000 Support Services 100 Personnel Services Salaries 100 Personnel Services- Salaries Total Personnel Services- Salaries 200 Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation Total Personnel Services- Employee Benefits 300 Purchased Professional and Technical Services 330 Other Professional Services 340 Technical Services 390 Other Purchased Professional and Technical Services Total Purchased Professional and Technical Services 400 Purchased Property Services 410 Cleaning Services 420 Utility Services 430 Repairs and Maintenance Services Total Purchased Property Services 500 Other Purchased Services 513 Contracted Carriers 516 Student Transportation Services From the JU 520 Insurance- General 521 Fire Insurance 522 Automotive Liability Insurance 523 General Property and Liability Insurance 530 Communications 549 Other Advertising/Public Relations 550 Printing and Binding 580 Travel 594 IU Payment By Withholding for Institutionalized Children's Programs- Special Classes 595 IU Payments By Withholding Total Other Purchased Services 600 Supplies 610 General Supplies 620 Energy 640 Books and Periodicals Total Supplies 700 Property 750 Equipment- Original and Additional Total Property Page 43 Total 1,558, $1,558, , , , , , $1,059, , , , $219, , , , '. $254, '' 887, , , , , , , , , , , , $1,309, , , , $226, , $232,562.12

44 2015~2016 PDE-2057 Annual Financial Report- 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses ~ (EXP) LEA: Red bank Valley SO Printed 10/28/201611:31:17 AM Page~ 2 of37 General Fund (10) 2000 Support Services 800 Other Objects 810 Dues and Fees Total Other Objects Total 2000 Support Services Total 9, $9, $4,869, Page44

45 Printed 10/28/201611:31:17 AM Detail of Governmental Fund Expenditures and Other Financing Uses- (EXP) Page- 3 of 37 General Fund (10) 2100 Support Services- Students 1 00 Personnel Services Salaries 1 DO Personnel Services- Salaries Total Personnel Services...:.. Salaries 200 Personnel Services Employee Benefits 210 Group Insurance- Contracted Provider 220 Social Security Contributions 230 PSERS Retirement Contributions 250 Unemployment Compensation 260 Workers' Compensation Total Personnel Services- Employ~e Benefits 300 Purchased Professional and Technical Services 330 Other Professional Services Total Purchased Professional and Technical Services 500 Other Purchased Services 580 Travel Total Other Purchased Servicel'> 600 Supplies 610 General Supplies 640 Books and Periodicals Total Supplies Total 2100 Support Services -Students Elemen!ru:Y Secondarv ~ Total 4, , , $4, $151, $183, , , , , , , , , $28, $114; $172, ' 8, sil,513.oo $8, $137,24. $137.24: 1, , , $1, $2, $4, $42, $26~, $369, Page45