Balance Sheet As of September 30, 2016 General General Fixed School Services Total Fund Assets Acct Group Fund (Memorandum Only) ASSETS Cash 223,515 - - 223,515 Accounts Receivable 15,650 - - 15,650 Total Assets 239,165 - - 239,165 LIABILITIES & FUND BALANCE LIABILITIES Deferred Revenue 505,137 - - 505,137 Due to NHA (489,023) - - (489,023) Total Liabilities 16,114 - - 16,114 FUND BALANCE Beginning Fund Balance 197,758 - - 197,758 Current Yr Activity 25,293 - - 25,293 Ending Fund Balance 223,051 - - 223,051 TOTAL LIABILITIES & FUND BALANCE 239,165 - - 239,165 Page 1 of 6
Combined Statement of Revenues, Expenditures and Changes in Fund Balance General School Svc Total (Memorandum Only) % of Budget Actual Budget Variance Actual Budget Variance Actual Budget Variance Remaining REVENUE State Aid 767,245 5,395,053 4,627,808 - - - 767,245 5,395,053 4,627,808 85.78% Other State Sources 35,331 95,190 59,859 - - - 35,331 95,190 59,859 62.88% Local Sources 5,155 34,655 29,500 - - - 5,155 34,655 29,500 85.12% Federal Grants 1,500 70,469 68,969 - - - 1,500 70,469 68,969 97.87% Private Sources 65,760 118,800 53,040 - - - 65,760 118,800 53,040 44.65% Contribution from Management Company 338,048 - (338,048) - 338,048 - (338,048) 0.00% Total Revenues and Transfers 1,213,039 5,714,167 4,501,128 - - - 1,213,039 5,714,167 4,501,128 78.77% EXPENDITURES - CONTRACTED SERVICE FEE: Instruction Basic Instruction 397,159 1,975,477 1,578,318 - - - 397,159 1,975,477 1,578,318 79.90% Added Needs 16,989 36,731 19,742 - - - 16,989 36,731 19,742 53.75% Special Education 33,422 207,889 174,467 - - - 33,422 207,889 174,467 83.92% Support Services Pupil Services 28,006 131,139 103,133 - - - 28,006 131,139 103,133 78.64% Instructional Staff Support 139,665 626,725 487,060 - - - 139,665 626,725 487,060 77.72% Board of Education 12,372 121,131 108,759 - - - 12,372 121,131 108,759 89.79% Executive Administration 26,734 165,906 139,172 - - - 26,734 165,906 139,172 83.89% Grant Procurement 5,741 45,324 39,583 - - - 5,741 45,324 39,583 87.33% School Admin - Office of the Principal 84,850 274,608 189,758 - - - 84,850 274,608 189,758 69.10% Other School Administration 21,574 167,783 146,209 - - - 21,574 167,783 146,209 87.14% Business & Internal Services 17,206 138,323 121,117 - - - 17,206 138,323 121,117 87.56% Pupil Transportation Services - - - - - - - - - 0.00% Central Services 53,894 402,393 348,499 - - - 53,894 402,393 348,499 86.61% Pupil Activities - - - - - - - - - 0.00% Facilities Acquisition - - - - - - - - - 0.00% Operations & Maintenance 348,659 1,414,509 1,065,850 - - - 348,659 1,414,509 1,065,850 75.35% Food Services - - - 1,475 5,900 4,425 1,475 5,900 4,425 75.00% Total Expenditures 1,186,271 5,707,938 4,521,667 1,475 5,900 4,425 1,187,746 5,713,838 4,526,092 79.21% EXCESS OF REVENUES OVER EXPENDITURES 26,768 6,229 (20,539) (1,475) (5,900) (4,425) 25,293 329 (24,964) Transfer Between Funds (1,475) (5,900) (4,425) 1,475 5,900 4,425 - - - FUND BALANCE, BEGINNING OF YEAR 197,758 181,278 (16,480) - - - 197,758 181,278 (16,480) CURRENT FUND BALANCE (UNRESTRICTED) 223,051 181,607 (41,444) - - - 223,051 181,607 (41,444) Page 2 of 6
General Fund Foundations Academy Actual Budget REVENUE State Aid 767,245 5,395,053 Revenue from State Sources 35,331 95,190 Revenue from Local Sources 5,155 34,655 Restricted-Federal 'Pass thru' Grants - Title II 1,500 7,971 Restricted-Federal 'Pass thru' Grants - IDEA - 62,498 Revenue from Private Sources 65,760 118,800 Contribution from Management Company 338,048 - Total Revenue & Other Transactions 1,213,039 5,714,167 EXPENDITURES Basic Instruction Salaries, Taxes, & Benefits 284,815 1,724,339 Local Meetings 946 6,150 Printing and Binding 2,436 19,350 Teaching Supplies 46,861 78,445 Textbooks 2,528 18,010 Software & Equipment 1,709 - Equipment Lease 19,598 78,390 Dues/Memberships 4,928 3,825 Field trips 22,380 3,750 Contracted Services 10,027 35,568 Miscellaneous 931 7,650 Total - Basic Instruction 397,159 1,975,477 Added Needs Salaries, Taxes, & Benefits 5,018 29,638 Teaching Supplies 11,971 7,093 Total - Added Needs 16,989 36,731 Special Education Salaries, Taxes, & Benefits 28,786 202,133 Local Meetings 166 380 Workshops and Conferences 1,328 1,143 Teaching Supplies 657 4,233 Software & Equipment 2,485 - Total - Special Education 33,422 207,889 Pupil Services Occupational Therapist Services 6,403 24,840 Psychological Services 10,433 46,679 Speech Pathology 11,170 59,620 Total - Pupil Services 28,006 131,139 Instructional Staff Support Salaries, Taxes, & Benefits 58,984 233,374 Local Meetings 96 - Workshops and Conferences 4,153 7,006 Improvement of Instruction 19,695 153,677 Professional Development 23,466 48,098 Library Books - 4,000 Page 3 of 6
Actual Budget Library 863 895 Technology 19,813 125,173 Special Education 7,966 35,150 Recess Aides 4,629 19,352 Total - Instructional Staff Support 139,665 626,725 Board of Education Board of Education Administration 7,918 68,621 Legal Fees 624 2,000 Audit 1,287 5,300 Travel & Expense Staff 163 460 Insurance 2,380 10,079 Board Funds - 34,671 Total - Board of Education 12,372 121,131 Executive Administration Executive Administration 7,413 28,793 Oversight Fee 19,321 137,113 Total - Executive Administration 26,734 165,906 Grant Procurement Grant Procurement 5,741 45,324 Total - Grant Procurement 5,741 45,324 Office of the Principal Salaries, Taxes, & Benefits 72,949 227,296 Local Meetings 98 8,260 Workshops and Conferences 1,364 5,572 Mailing 1,029 5,250 Printing & Binding 242 2,970 Office Supplies 400 15,000 Dues/Memberships 84 2,550 Miscellaneous 8,684 7,710 Total - Office of the Principal 84,850 274,608 Other School Administration Admissions & Other Administrative Support 21,574 166,783 Printing & Binding - 1,000 Total - Other School Administration 21,574 167,783 Business & Internal Services Fiscal Services 16,561 132,384 Internal Distribution Services 645 5,939 Total - Business & Internal Services 17,206 138,323 Operations & Maintenance Internal Building Services 1,831 13,187 Telephone 1,275 6,445 Heat 133 4,279 Electric 17,614 72,292 Sewer 17,016 39,825 Waste & Trash Disposal 788 3,700 Building Maintenance & Repair 51,068 234,738 Equipment Maintenance & Repair 70 2,025 Page 4 of 6
Actual Budget Lease of Building 252,120 1,008,480 Lease of Equipment 2,177 10,060 Supplies 543 - Equipment Purchases 995 6,000 Liability Insurance 172 712 Property Insurance 2,551 9,645 Safety & Security 306 3,121 Total - Operations & Maintenance 348,659 1,414,509 Pupil Transportation Services Total - Pupil Transportation Services - - Central Services Information Services 6,768 50,146 Staff/Personnel Services 26,461 201,874 Data Processing Services 15,142 116,270 Other Central Services 5,523 34,103 Total - Central Services 53,894 402,393 Pupil Activities Total - Pupil Activities - - Facilities Acquisition Total - Facilities Acquisition - - Outgoing Transfer to School Service Fund 1,475 5,900 Total Expenditures & Other Transactions 1,187,746 5,713,838 Revenues and Other Financing Sources Over (Under) Expenditures and Other Uses 25,293 329 Beginning Fund Balance (7/1) 197,758 181,278 Ending Fund Balance 223,051 181,607 Page 5 of 6
School Service Fund Foundations Academy Actual Budget REVENUE Total Food Service Revenue - - Transfer In from General Fund 1,475 5,900 Total Revenue and Incoming Transfers 1,475 5,900 EXPENDITURES Food Services Supplies, Materials including Commodities expense 1,475 5,900 Total Food Service Expenditures 1,475 5,900 Revenues and Other Financing Sources Over (Under) Expenditures and Other Uses - - Ending Food Service Fund Balance - - Page 6 of 6