August 2014 Financial Statements

August 2014 Financial Statements Key Messages The attached August 2014 Financial Statements are presented for your information. Key messages about these statements are: The 2013-14 year-end General Fund balance was $26,536,966. The components of the General Fund balance are: Restricted fund balance of $1.7M. (This includes reserves for unexpended state and federal grants, debt service and uninsured risk.) Nonspendable fund balance of $2.0M. (This includes inventory and prepaid items.) Assigned fund balance of $6.9M. (This includes amounts designated for unpaid sick and vacation leave balances, school and department carryovers and future pension increase.) Committed fund balance of $11.4M. (This includes district minimum fund-balance policy, compensated absences and towards future bargaining agreements.) Unassigned fund balance of $4.5M. Table of Contents Page No. 1. Combined Balance Sheet 1 2. Budget Status Reports General Fund 2 and Other Financing Sources Detail 3 by State Program Detail 4 Transportation Vehicle Fund 5 Capital Projects Fund 6 Debt Service Fund 7 Associated Student Body 8 3. Income Statement Private Purpose Trust Fund 9 4. Enrollment Graph 10 The Capital Projects, Associated Student Body, Debt Service, Transportation Vehicle and Private Purpose Trust Funds ended the year as expected. Submitted by: Heather Larson, Director of Accounting Date: November 6th, 2014

BALANCE SHEET AUGUST 31, 2014 Trans Capital Debt Private General Vehicle Projects Service ASB Purpose Trust Fund Fund Fund Fund Fund Fund Assets Imprest Cash 89,314 20,450 12,434 Cash On Hand 90,586 0 126,000 Cash w/county Treasurer 5,957,660 477,988 238,382 75,674 73,091 4,349 Minus Outstanding Warrants (5,999,036) (32,426) (46,703) (3,855) Taxes Receivable 21,958,363 13 12 9,853,454 Due From Other Funds 4,081 1,300,586 23,894 Due From Other Govt Units 1,430,536 Accounts Receivable 60,034 Inventory Supplies & Materials 340,162 Inventory Lunchrooms 167,707 Inventory USDA Commodities 139,073 Prepaid Expenses 1,422,520 203,568 Investments 28,395,295 794,000 11,530,000 4,338,000 1,320,000 689,000 Total Assets $54,056,295 $1,272,002 $13,036,554 $14,267,128 $1,720,301 $701,928 Liabilities Accounts Payable 3,191,899 581,858 1,535,819 156,076 Accrued Salaries 1,001 Retainage Payable 135,599 296,038 Payroll Deductions & Taxes Payable 632,378 Due to Other Gov't Units 238,797 Due to Other Funds 1,324,481 4,081 Deferred 36,813 324,221 Deferred - Taxes Receivable 21,958,363 13 12 9,853,454 Total Liabilities 27,519,330 $581,871 1,831,869 $9,853,454 $484,378 $0 Fund Balance $26,536,966 $690,131 $11,204,685 $4,413,674 $1,235,922 $701,928 Total Liabilities & Fund Balance $54,056,295 $1,272,002 $13,036,554 $14,267,128 $1,720,301 $701,928 1

Pg 2 BUDGET STATUS GENERAL FUND August 31,2014 (Over)/Under Percent Of Percent Of Adopted Operating Extended Current Year to Encumbrances Extended Extended Operating Budget Budget Budget Month Date (Excluding Payroll) Budget Budget Budget Beginning Fund Balance $25,177,484 $27,577,052 $27,577,052 Local Taxes 44,407,828 44,601,007 44,407,828 169,856 44,787,081 (379,253) 100.85% 101.00% Local Support Non-Tax 3,895,000 3,895,000 4,583,891 173,589 4,222,389 361,502 92.11% 113.63% State, General Purpose 119,699,684 122,557,345 122,427,905 12,687,475 122,506,939 (79,034) 100.06% 101.92% State, Special Purpose 24,751,445 24,751,445 24,550,179 2,610,738 25,061,189 (511,010) 102.08% 102.12% Federal, General Purpose 18,452 18,452 18,452 0 30,897 (12,445) 167.44% 316.89% Federal, Special Purpose 11,716,221 11,716,221 9,110,840 2,421,128 9,351,874 (241,034) 102.65% 110.19% s From Other Districts 1,065,000 1,065,000 1,065,000 0 936,292 128,708 87.91% 115.57% s From Other Entities 34,500 34,500 37,500 7,432 34,431 3,069 91.82% 462.63% Other Financing Sources 1,900 1,900 30,000 141 18,091 11,909 60.30% 0.00% Total s $205,590,030 $208,640,870 $206,231,595 $18,070,360 $206,949,183 (717,588) 100.35% 102.48% Regular Instruction 110,843,801 113,911,328 112,233,801 11,149,603 115,010,531 0 (2,776,730) 102.47% 98.73% Special Education Instruction 27,126,843 27,126,843 27,126,843 2,276,588 26,218,232 0 908,611 96.65% 95.44% Vocational Education Instruction 8,662,083 8,895,395 8,662,083 762,488 8,383,414 0 278,669 96.78% 87.89% Compensatory Education Instruction 7,236,791 8,039,232 7,236,791 1,422,713 7,549,411 0 (312,620) 104.32% 96.51% Other Instructional Programs 9,362,477 3,608,793 9,362,477 15,433 429,974 0 8,932,503 4.59% 110.65% Community Services 565,787 606,787 565,787 313,229 961,118 0 (395,331) 169.87% 148.47% Support Services 41,999,405 43,608,809 44,595,344 5,842,124 45,167,166 0 (571,822) 101.28% 105.52% Operating Transfers 0 0 3,050,000 1,219,422 4,269,422 0 (1,219,422) 139.98% n/a Total $205,797,187 $205,797,187 $212,833,126 $23,001,600 $207,989,270 $0 $4,843,856 97.72% 99.25% Net Change in s to (207,157) (6,601,531) (1,040,087) Ending Fund Balance $24,970,327 $20,975,521 $26,536,966 2

REVENUES AND OTHER FINANCING SOURCES GENERAL FUND August 31, 2014 (Over)/Under Percent Of Percent Of Adopted Operating Extended Current Year to Extended Extended Operating Budget Budget Budget Month Date Budget Budget Budget Local Taxes 1100 Local Property Taxes 44,407,828 44,601,007 44,407,828 168,628 44,784,624 (376,796) 100.85% 100.99% 1500 Timber Excise Taxes 0 0 0 1,229 2,457 (2,457) 0.00% 0.00% Local Support Nontax 2100 Tuition and Fees, Unassigned 44,000 44,000 44,000 513 46,232 (2,232) 105.07% 89.21% 2200 Sale of Goods, Supplies and Services 500,000 500,000 650,000 42,600 550,309 99,691 84.66% 138.40% 2231 Sec Voc Ed Sale of Goods, Supplies and Svcs 1,000 1,000 500 0 16 484 3.10% 39.01% 2289 Other Community Services 80,000 80,000 80,000 12,876 86,140 (6,140) 107.68% 101.14% 2298 School Food Services 2,300,000 2,300,000 2,300,000 765 2,062,331 237,669 89.67% 85.99% 2300 Investment Earnings 30,000 30,000 30,000 12,334 44,873 (14,873) 149.58% 319.46% 2500 Gifts and Donations 170,000 170,000 250,000 28,849 187,894 62,106 75.16% 212.71% 2600 Fines and Damages 30,000 30,000 55,000 (1) 58,452 (3,452) 106.28% 152.65% 2700 Rentals 440,000 440,000 500,000 49,237 566,561 (66,561) 113.31% 196.33% 2800 Insurance Recoveries 25,000 25,000 400,000 26,417 345,189 54,811 86.30% 0.00% 2910 E-Rate 275,000 275,000 274,391 0 274,391 (0) 100.00% 274.57% State, General Purpose 3100 State Apportionment 110,143,070 112,786,441 112,667,306 11,274,914 112,715,994 (48,688) 100.04% 101.96% 3121 Special Ed - General Apportionment 3,478,889 3,478,889 3,468,584 349,815 3,498,930 (30,346) 100.87% 98.33% 3300 Local Effort Assistance 6,077,725 6,292,015 6,292,015 1,062,746 6,292,016 (1) 100.00% 103.22% State, Special Purpose 4121 Special Education 13,005,703 13,005,703 13,235,523 1,815,921 13,977,164 (741,641) 105.60% 102.61% 4122 Special Ed - Infants and Toddlers 957,542 957,542 650,762 61,752 617,515 33,247 94.89% n/a 4155 Learning Assistance 3,312,136 3,312,136 3,279,032 89,144 3,041,324 237,708 92.75% 93.91% 4158 Special and Pilot Programs 710,950 710,950 893,855 0 965,596 (71,741) 108.03% 114.74% 4165 Transitional Bilingual 652,576 652,576 835,239 79,889 799,127 36,112 95.68% 108.51% 4174 Highly Capable 205,985 205,985 210,483 21,058 210,583 (100) 100.05% 101.09% 4198 State School Food Services 426,544 426,544 40,000 0 41,772 (1,772) 104.43% 91.74% 4199 Transportation - Operations 5,480,009 5,480,009 5,403,785 542,973 5,406,380 (2,595) 100.05% 101.69% 4300 Other State Agencies 0 0 1,500 0 1,727 (227) 115.15% n/a Federal, General Purpose 5300 Impact Aid 0 0 0 0 9,586 (9,586) 0.00% 0.00% 5329 Impact Aid SPED 0 0 0 0 3,608 (3,608) 0.00% 0.00% 5500 Federal Forests 18,452 18,452 18,452 0 17,702 750 98.67% 98.67% Federal, Special Purpose 6124 Special Education, Supplemental 4,370,924 4,370,924 4,391,617 1,604,137 3,888,522 503,095 88.54% 95.57% 6138 Secondary Vocational Education 93,000 93,000 101,666 33,565 104,013 (2,347) 102.31% 102.43% 6151 Disadvantaged 1,901,624 1,901,624 1,925,624 249,117 1,621,079 304,545 84.18% 100.00% 6152 School Improvement, Federal 488,027 488,027 663,527 457,953 492,290 171,237 74.19% 53.85% 6164 Limited English Proficiency 119,507 119,507 158,760 68,963 156,385 2,375 98.50% 79.15% 6198 Federal School Food Services 1,452,745 1,452,745 1,243,375 0 2,461,007 (1,217,632) 197.93% 232.89% 6267 Indian Education, JOM 20,000 20,000 4,758 0 4,758 0 100.00% 0.00% 6268 Indian Education, USDOE 43,494 43,494 43,495 0 43,475 20 99.95% 100.00% 6278 Youth Training JROTC 76,900 76,900 76,900 5,496 66,030 10,870 85.86% 100.47% 6300 Federal Grants Through Other Agencies 2,500,000 2,500,000 0 0 0 0 0.00% 0.00% 6310 Medicaid Administrative Match 300,000 300,000 151,118 0 150,152 966 99.36% 124.26% 6321 SPED Medicaid Reimb, Other Agencies 20,000 20,000 20,000 1,897 34,110 (14,110) 170.55% 0.00% 6998 USDA Commodities 330,000 330,000 330,000 0 330,053 (53) 100.02% 94.28% s From Other School Districts 7121 Special Education 1,000,000 1,000,000 1,000,000 0 924,132 75,868 92.41% 108.74% 7198 School Food Services 65,000 65,000 65,000 0 12,160 52,840 18.71% n/a s from Other Entities 8100 Governmental Entities 2,000 2,000 2,000 0 0 2,000 0.00% 63.75% 8198 School Food Services 25,000 25,000 25,000 2,778 29,339 (4,339) 117.35% 0.00% 8200 Private Foundations 0 0 3,000 0 2,150 850 71.66% 227.29% 8500 Nonfederal ESD 7,500 7,500 7,500 4,654 2,943 4,557 39.24% 0.00% Other Financing Sources 9300 Sale of Equipment 1,900 1,900 30,000 141 18,091 11,909 60.30% 0.00% Total s $205,590,030 $208,640,870 $206,231,595 $18,070,360 $206,949,183 ($717,588) 100.35% 102.48% 3

EXPENDITURES BY STATE PROGRAM GENERAL FUND August 31, 2014 (Over)/Under Percent Of Percent Of Adopted Operating Extended Current Year to Encumbrances Extended Extended Operating Budget Budget Budget Month Date (Excluding Payroll) Budget Budget Budget Regular Instruction 01 Basic Education 110,391,205 113,260,417 111,781,205 11,126,528 114,409,760 (2,628,555) 102.35% 98.68% 02 Alternative Learning Experience 452,596 650,911 452,596 23,076 600,772 (148,176) 132.74% 111.63% Special Education Instruction 21 Special Education, Basic, State 22,917,556 23,298,871 22,917,556 1,718,296 21,859,136 1,058,420 95.38% 92.48% 22 Special Education, Birth to Two 0 340,550 0 67,280 603,213 (603,213) 0.00% n/a 24 Special Education, Supp, Federal 4,209,287 3,487,422 4,209,287 487,403 3,752,275 457,012 89.14% 112.09% 29 Special Education, Other Federal 0 0 0 3,608 3,608 0 0.00% n/a Vocational Education Instruction 31 Vocational, Basic, State 8,138,438 8,335,458 8,138,438 635,823 7,822,672 315,766 96.12% 87.27% 34 Vocational, Middle School Grant, State 430,645 462,030 430,645 95,540 460,574 (29,929) 106.95% 99.01% 38 Vocational, Federal 93,000 97,907 93,000 31,124 100,167 (7,167) 107.71% 102.43% Compensatory Education Instruction 51 Disadvantaged, Federal 1,867,334 1,859,051 1,867,334 116,442 1,563,672 303,662 83.74% 100.49% 52 School Improvement, Federal 469,980 417,957 469,980 419,300 474,086 (4,106) 100.87% 53.85% 55 Learning Assistance, State 3,189,653 3,374,697 3,189,653 361,673 2,789,844 399,809 87.47% 91.91% 58 Special and Pilot Programs, State 329,202 1,062,812 329,202 392,401 1,353,776 (1,024,574) 411.23% 112.10% 64 Limited English Proficiency, Federal 115,088 146,191 115,088 20,201 153,320 (38,232) 133.22% 78.57% 65 Transitional Bilingual, State 1,102,576 1,012,566 1,102,576 102,768 1,081,445 21,131 98.08% 106.65% 67 Indian Ed., JOM, Federal 19,260 19,260 19,260 0 387 18,873 2.01% 0.45% 68 Indian Ed., ED, Federal 143,698 143,698 143,698 9,928 131,427 12,271 91.46% 108.00% 69 Compensatory 0 3,000 0 0 1,456 (1,456) 0.00% n/a Other Instructional Programs 74 Highly Capable 205,458 205,458 205,458 18,657 181,537 23,921 88.36% 101.19% 78 Youth Training Programs, Federal 80,252 80,252 80,252 (50,423) 66,030 14,222 82.28% 125.66% 79 Instructional Programs, Other 9,076,767 3,323,083 9,076,767 47,199 182,408 8,894,359 2.01% 112.33% Community Services 89 Other Community Services 565,787 606,787 565,787 313,229 961,118 (395,331) 169.87% 148.47% Support Services 97 District Wide Support 27,770,078 29,379,482 29,896,017 4,624,895 30,928,501 (1,032,484) 103.45% 102.42% 98 School Food Services 4,889,046 4,889,046 5,269,046 602,667 5,287,657 (18,611) 100.35% 105.26% 99 Pupil Transportation 9,340,281 9,340,281 9,430,281 614,562 8,951,008 479,273 94.92% 116.20% Operating Transfers 0 0 3,050,000 1,219,422 4,269,422 (1,219,422) 139.98% n/a Total $205,797,187 $205,797,187 $212,833,126 $23,001,600 $207,989,270 $0 4,847,464 97.72% 99.25% 4

Pg 2 BUDGET STATUS TRANSPORTATION VEHICLE FUND August 31,2014 Adopted Extended Current Year to (Over)/Under Percent Of Percent Of Budget Budget Month Date Encumbrances Extended Budget Extended Budget Budget Beginning Fund Balance $1,102,153 $1,082,263 $1,082,263 Local Property Tax 0 0 0 2 (2) 0.00% 0.00% Local Support Nontax 1,355 1,355 104 1,171 184 86.41% 55.55% State Transportation Reimbursement 745,840 745,873 679,031 679,031 66,809 91.04% 92.03% Other Financing Sources 0 3,059,742 0 3,068,538 (3,068,538) 100.29% n/a Total s $747,195 $3,806,970 $679,135 $3,748,743 ($3,001,548) 98.47% 91.93% Transportation Equipment 1,849,348 4,889,233 2,479,773 4,140,875 361,105 387,253 84.69% 34.97% Total $1,849,348 $4,889,233 $2,479,773 $4,140,875 $361,105 $387,253 84.69% 34.97% Net Change in s to (1,102,153) (1,082,263) (1,800,638) (392,133) Ending Fund Balance $0 $0 $690,131 5

Pg 2 BUDGET STATUS CAPITAL PROJECTS FUND August 31,2014 Adopted Current Year to (Over)/Under Percent Of Percent Of Budget Month Date Encumbrances Budget Budget Budget Beginning Fund Balance $15,019,407 $15,143,775 Local Support Nontax 1,723,576 165,815 1,542,287 181,289 89.48% 703.58% State General Purpose 0 0 44,142 (44,142) 0.00% n/a Other Financing Sources 0 1,219,422 1,222,322 (1,222,322) 0.00% n/a Total s $1,723,576 $1,385,237 $2,808,751 ($1,085,175) 162.96% 703.58% Sites 0 1,624,110 2,982,310 571,330 (3,553,639) 0.00% 0.00% Buildings 9,153,230 205,080 3,456,643 1,157,806 4,538,781 37.76% 26.32% Equipment 696,770 123,929 308,889 350,537 37,344 44.33% 28.81% Energy 0 0 0 0 0 0.00% 0.00% Bond Issuance 200,000 0 0 0 200,000 0.00% 0.00% Total $10,050,000 $1,953,119 $6,747,841 $2,079,673 $1,022,485 67.14% 37.05% Net Change in s to (8,326,424) (567,882) (3,939,090) Ending Fund Balance $6,692,983 $11,204,685 6

Pg 2 BUDGET STATUS DEBT SERVICE FUND August 31,2014 Adopted Current Year to (Over)/Under Percent Of Percent Of Budget Month Date Encumbrances Budget Budget Budget Beginning Fund Balance $3,917,000 $4,182,612 Local Taxes 20,548,161 75,994 20,829,823 (281,662) 101.37% 101.77% Investment Earnings 10,314 303 5,953 4,361 57.72% 80.68% Total s $20,558,475 $76,297 $20,835,775 ($277,300) 101.35% 610.75% Matured Bond 12,040,000 0 12,040,000 0 100.00% 100.00% Interest on Bonds 8,563,509 0 8,563,508 2 100.00% 96.31% Bond Transfer Fees 250,000 300 1,205 248,795 0.48% 187.18% Total $20,853,509 $300 $20,604,713 $0 $248,796 98.81% 99.34% Net Change in s to (295,034) 75,997 231,063 Ending Fund Balance $3,621,966 $4,413,674 7

Pg 2 BUDGET STATUS ASSOCIATED STUDENT BODY FUND August 31,2014 Adopted Current Year to Encumbrances (Over)/Under Percent Of Percent Of Budget Month Date (Elementary Only) Budget Budget Budget Beginning Fund Balance $1,239,000 $1,134,604 General Student Body 1,244,123 (49,153) 826,626 417,497 66.44% 75.88% Athletics 914,781 314,523 1,166,742 (251,961) 127.54% 82.68% Classes 232,425 0 90,765 141,660 39.05% 38.38% Clubs 1,983,359 105,894 966,713 1,016,646 48.74% 43.29% Private Moneys 183,758 (50) 66,606 117,153 36.25% 37.22% Total s $4,558,446 $371,214 $3,117,451 $1,440,995 68.39% 59.33% General Student Body 1,036,523 413,221 889,044 0 147,479 85.77% 96.14% Athletics 1,371,010 (25,572) 1,042,063 0 328,947 76.01% 67.33% Classes 245,706 3,095 92,344 0 153,362 37.58% 35.32% Clubs 2,066,511 (6,697) 927,574 0 1,138,937 44.89% 42.07% Private Moneys 171,058 1,029 65,108 0 105,951 38.06% 36.86% Total $4,890,808 $385,076 $3,016,133 $0 $1,874,675 61.67% 58.60% Net Change in s to (332,362) (13,861) 101,318 Ending Fund Balance $906,638 $1,235,922 8

INCOME STATEMENT PRIVATE PURPOSE TRUST FUND August 31, 2014 Current Month Year To Date Beginning Fund Balance $714,111 Scholarship 12,718 53,296 Investment Interest 49 737 Total s $12,767 $54,032 Scholarship Awards 13,689 66,635 Scholarship Award Returns 0 (420) Total $13,689 $66,215 Net Change in s to (922) (12,183) Ending Fund Balance $701,928 9

22,500 22,000 FULL TIME EQUIVALENT 2010 2011 FULL TIME EQUIVALENT 2011 2012 FULL TIME EQUIVALENT 2012 2013 FULL TIME EQUIVALENT 2013 2014 HEADCOUNT 2010 2011 HEAD COUNT 2011 2012 HEAD COUNT 2012 2013 HEADCOUNT 2013 2014 21,500 21,000 20,500 20,000 September October November December January February March April May June Yrly Avg STUDENT FTE & HEADCOUNT 2010-2014 10