THE SCHOOL BOARD OF BREVARD COUNTY, FLORIDA FINANCIAL STATEMENTS FOR THE PERIOD ENDING APRIL 30, 2017

FINANCIAL STATEMENTS FOR THE PERIOD ENDING APRIL 30, 2017

TABLE OF CONTENTS PAGE ALL GOVERNMENTAL FUND TYPES Combined Balance Sheet 1-2 ALL PROPRIETARY FUND TYPES Combined Balance Sheet 3-4 GENERAL OPERATING FUND Statement of Revenues, Expenditures and Changes in Fund Balance 5-12 Statement of Expenditures by Function and Changes in Fund Balance 13-15 SPECIAL REVENUE-OTHER FUND Statement of Revenues, Expenditures and Changes in Fund Balances 16-20 Statement of Expenditures by Function and Changes in Fund Balances 21-22 SPECIAL REVENUE-FOOD SERVICES Statement of Revenues, Expenditures and Changes in Fund Balance 23-26 DEBT SERVICE FUND Statement of Revenues, Expenditures and Changes in Fund Balances 27-28 CAPITAL PROJECTS FUND Statement of Revenues, Expenditures and Changes in Fund Balances 29-30 Statement of Expenditures by Project and Changes in Fund Balances 31-32 CASUALTY INSURANCE TRUST FUND Statement of Revenues, Expenditures and Changes in Fund Balances 33-34 MEDICAL INSURANCE TRUST FUND Statement of Revenues, Expenditures and Changes in Fund Balances 35-36 BEFORE / AFTER CHILD CARE Statement of Revenues, Expenditures and Changes in Fund Balance 37-39 APPENDIX A Budget Variances 40-43

COMBINED BALANCE SHEET ALL GOVERNMENTAL TYPES GOVERNMENTAL FUND TYPES SPECIAL DEBT CAPITAL GENERAL REVENUE SERVICE PROJECTS TOTAL ASSETS: Cash and cash equivalents... $ 31,151,372 $ 8,174,180 $ 1,260 $ 23,083,895 $ 62,410,707 Cash and investments with trustee... 0 0 3,973,482 12,392,102 16,365,584 Investments... 91,457,441 0 0 88,542,493 179,999,934 Total cash and investments... $ 122,608,813 $ 8,174,180 $ 3,974,742 $ 124,018,490 $ 258,776,225 Accounts and interest receivable... $ 142,332 $ 120 $ 0 $ 61,880 $ 204,332 Due from other agencies... 0 3,025,748 0 1,728,036 4,753,784 Inventory... 793,930 1,665,587 0 0 2,459,517 TOTAL ASSETS $ 123,545,075 $ 12,865,635 $ 3,974,742 $ 125,808,406 $ 266,193,858 Page 1

COMBINED BALANCE SHEET ALL GOVERNMENTAL TYPES GOVERNMENTAL FUND TYPES SPECIAL DEBT CAPITAL GENERAL REVENUE SERVICE PROJECTS TOTAL LIABILITIES: Accounts and contracts payable and accrued expenditures/expenses... $ 3,142,623 $ 205,559 $ 0 $ 54,217 $ 3,402,399 Accrued payroll... 2,401 0 0 0 2,401 Accrued payroll taxes and employee benefits... 6,932,911 0 0 0 6,932,911 Due to other agencies... 0 605 0 204 809 Unearned revenue... 709,304 371,037 0 0 1,080,341 TOTAL LIABILITIES $ 10,787,239 $ 577,201 $ 0 $ 54,421 $ 11,418,861 DEFERRED INFLOWS $ 0 $ 0 $ 0 $ 17,949 $ 17,949 FUND EQUITY: Nonspendable... $ 793,930 $ 1,665,586 $ 0 $ 0 $ 2,459,516 Restricted... 2,228,283 10,622,848 3,974,742 122,453,909 139,279,782 Assigned 89,518,074 0 0 3,282,127 92,800,201 Unassigned: School Board Contingency 19,880,369 0 0 0 19,880,369 Other... 337,180 0 0 0 337,180 TOTAL FUND EQUITY $ 112,757,836 $ 12,288,434 $ 3,974,742 $ 125,736,036 $ 254,757,048 TOTAL LIABILITIES, DEFERRED INFLOWS, AND FUND EQUITY $ 123,545,075 $ 12,865,635 $ 3,974,742 $ 125,808,406 $ 266,193,858 Page 2

COMBINED BALANCE SHEET/NET POSITION ALL PROPRIETARY TYPES PROPRIETARY FUND TYPES INTERNAL / ENTERPRISE SERVICES CASUALTY MEDICAL SCHOOL AGE INSURANCE INSURANCE CHILD CARE TOTAL ASSETS: Cash and cash equivalents... $ 0 $ 10,190,499 $ 3,253,114 $ 13,443,613 Investments... 12,559,705 12,559,744 0 25,119,449 Total cash and investments... $ 12,559,705 $ 22,750,243 $ 3,253,114 $ 38,563,062 Accounts and interest receivable... 43,445 36,364 0 79,809 Fixed assets... 0 0 68,824 68,824 TOTAL ASSETS $ 12,603,150 $ 22,786,607 $ 3,321,938 $ 38,711,695 DEFERRED OUTFLOWS - PENSION $ 0 $ 0 $ 550,696 $ 550,696 TOTAL ASSETS AND DEFERRED OUTFLOWS $ 12,603,150 $ 22,786,607 $ 3,872,634 $ 39,262,391 Page 3

COMBINED BALANCE SHEET/NET POSITION ALL PROPRIETARY TYPES PROPRIETARY FUND TYPES INTERNAL / ENTERPRISE SERVICES CASUALTY MEDICAL SCHOOL AGE INSURANCE INSURANCE CHILD CARE TOTAL LIABILITIES: Accounts and contracts payable and accrued expenditures/expenses $ 4,770 $ 24,198 $ 10,365 $ 39,333 OPEB - Obligations 0 0 404,535 404,535 Estimated liability on insurance risks & pending claims 12,018,873 3,957,048 0 15,975,921 Liability for compensated absences... 0 0 209,093 209,093 Pensions... 0 0 2,017,673 2,017,673 TOTAL LIABILITIES $ 12,023,643 $ 3,981,246 $ 2,641,666 $ 18,646,555 DEFERRED INFLOWS - PENSION $ 0 $ 0 $ 349,058 $ 349,058 TOTAL FUND BALANCE $ 579,507 $ 18,805,361 $ 881,910 $ 20,266,778 TOTAL LIABILITIES, DEFERRED INFLOWS, AND FUND BALANCE $ 12,603,150 $ 22,786,607 $ 3,872,634 $ 39,262,391 Page 4

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 REVENUES: FEDERAL SOURCES 3121 Impact Aid $ 694,794 $ 694,794 $ 403,202 $ 291,592 3202 Medicaid Reimbursement 1,889,592 1,889,592 2,044,670 (155,078) TOTAL FEDERAL $ 2,584,386 $ 2,584,386 $ 2,447,872 $ 136,514 STATE SOURCES 3310 F.E.F.P. $ 251,377,699 $ 241,604,325 $ 202,770,298 $ 38,834,027 3315 Work Force Development 3,809,489 3,809,489 3,174,580 634,909 3323 C.O. & D.S. 40,481 40,482 0 40,482 3341 Racing Commission 223,250 223,250 223,250 0 3343 State License Tax 200,000 200,000 189,067 10,933 3344 Lottery Enhancement 0 1,237,784 0 1,237,784 3355 Classroom Size Reduction 80,406,970 79,975,545 66,697,650 13,277,895 3361 School Recognition 4,099,770 2,518,801 2,518,801 0 3371 Voluntary PreK 2,450,000 2,450,000 1,546,622 903,378 3372 Pre-Kindergarten 261,500 261,500 194,866 66,634 3397 Charter School Capital Outlay 824,385 905,171 1,086,930 (181,759) 3399 Other Misc State Revenue 0 241,816 2,465,876 (2,224,060) TOTAL STATE $ 343,693,544 $ 333,468,163 $ 280,867,940 $ 52,600,223 Page 5

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 LOCAL SOURCES 341X Ad Valorem $ 186,313,559 $ 186,313,559 $ 179,725,882 $ 6,587,677 341X Prior Period Adjusted Millage 206,632 206,632 0 206,632 3424 Tuition 0 0 74,172 (74,172) 3425 Rent 298,474 298,474 378,510 (80,036) 343X Income / Investments 278,893 278,893 406,560 (127,667) 346X Adult Student Fees 96,000 96,000 99,403 (3,403) 347X Other Student Fees 12,000 12,000 20,765 (8,765) 3494 Federal - Indirect 2,256,040 2,256,040 1,554,721 701,319 3499 Food Service - Indirect 710,312 710,312 0 710,312 349X Additional Ad Valorem 1,406,635 1,406,635 0 1,406,635 349X Miscellaneous Local 1,496,037 2,967,559 2,785,714 181,845 TOTAL LOCAL $ 193,074,582 $ 194,546,104 $ 185,045,727 $ 9,500,377 OTHER FINANCING SOURCES 363X Transfers from Capital Projects $ 4,665,687 $ 4,665,687 $ 0 $ 4,665,687 3690 Transfers from Enterprise Fund 2,299,035 2,299,035 0 2,299,035 374X Loss Recoverables 0 0 96,781 (96,781) TOTAL OTHER $ 6,964,722 $ 6,964,722 $ 96,781 $ 6,867,941 TOTAL REVENUES $ 546,317,234 $ 537,563,375 $ 468,458,320 $ 69,105,055 Page 6

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 111 Administrator - Base Pay $ 20,607,961 $ 20,694,693 $ 17,098,783 $ 3,595,910 112 Administrator - Extra Duty Pay 15,000 28,956 378,991 (350,035) 113 Administrator - Supplements 1,200 1,200 7,026 (5,826) 114 Administrator - Terminal Pay 930,449 930,449 509,287 421,162 115 Administrator - Sick Leave BB 0 0 109,907 (109,907) 116 Administrator - Bonus 0 71,178 71,178 0 121 Teacher - Base Pay 209,972,359 203,025,595 149,982,061 53,043,534 122 Teacher - Extra Duty Pay 2,556,617 2,202,363 621,919 1,580,444 123 Teacher - Supplements 4,453,486 4,805,876 2,009,352 2,796,524 124 Teacher - Terminal Pay 2,605,143 2,605,143 1,426,992 1,178,151 125 Teacher - Sick Leave BB 0 0 4,541 (4,541) 126 Teacher - Bonus 2,740,360 1,660,709 3,307,794 (1,647,085) 128 Teacher - Short Term Contract 0 39,226 591,489 (552,263) 131 Other Certified - Base Pay 22,120,954 22,500,779 17,130,775 5,370,004 132 Other Certified - Extra Duty Pay 298,980 645,520 387,064 258,456 133 Other Certified - Supplements 333,885 297,596 288,289 9,307 134 Other Certified - Terminal Pay 0 0 252,527 (252,527) 136 Other Certified - Bonus 257,000 108,215 109,163 (948) 138 Other Certified - Short Term Contract 0 0 13,668 (13,668) 141 Substitute - Base Pay 2,914,258 3,969,769 3,040,340 929,429 142 Substitute - Non Instructional Base Pay 347,540 347,303 419,644 (72,341) 151 Aide - Base Pay 10,707,828 11,817,773 9,040,497 2,777,276 152 Aide - Extra Duty Pay 0 (1,288) 218,588 (219,876) 154 Aide - Terminal Pay 0 0 29,289 (29,289) 155 Aide - Sick Leave BB 0 0 24,598 (24,598) 156 Aide - Bonus 0 127,228 127,228 0 158 Aide - Short Term Pay 0 15,496 107,392 (91,896) 161 Other Support - Base Pay 43,462,830 43,380,026 35,284,812 8,095,214 162 Other Support - Extra Duty Pay 676,784 840,561 1,213,985 (373,424) 164 Other Support - Terminal Pay 1,204,011 1,204,011 363,163 840,848 165 Other Support - Sick Leave BB 0 0 131,562 (131,562) Page 7

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 166 Other Support - Bonus 756,750 310,454 380,154 (69,700) 168 Other Support - Short Term Pay 83,282 129,360 144,117 (14,757) 171 Board & Attorney - Base Pay 196,130 196,130 168,051 28,079 181 EAP - Base Pay 13,186,327 13,239,347 10,782,303 2,457,044 182 EAP - Extra Duty Pay 0 0 45,930 (45,930) 183 EAP - Supplements 0 0 22,638 (22,638) 184 EAP - Terminal Pay 273,003 273,003 105,500 167,503 185 EAP - Sick Leave BB 0 0 48,953 (48,953) 186 EAP - Bonus 0 35,307 35,917 (610) 1XX SALARIES TOTAL $ 340,702,137 $ 335,501,978 $ 256,035,467 $ 79,466,511 210 Retirement $ 27,022,121 $ 26,649,629 $ 20,325,670 $ 6,323,959 220 FICA 24,932,744 24,608,696 17,872,374 6,736,322 231 Life Insurance 240,494 242,429 236,786 5,643 232 Hospitalization 41,682,052 41,622,655 32,492,139 9,130,516 241 Work. Comp. - General 1,650,881 1,600,508 1,282,076 318,432 242 Work. Comp. - Bus Driver 394,421 404,182 366,821 37,361 243 Work. Comp. - Maintenance 812,241 796,175 688,819 107,356 244 Work. Comp. - Food Service 1,394 0 3,548 (3,548) 250 Unemployment 275,000 275,000 70,511 204,489 2XX FRINGE TOTAL $ 97,011,348 $ 96,199,274 $ 73,338,744 $ 22,860,530 311 Legal Services $ 282,903 $ 403,600 $ 326,800 $ 76,800 312 Professional / Technical 14,666,785 22,100,239 9,375,318 12,724,921 312 Charter Schools 36,709,791 31,170,932 31,072,504 98,428 314 Medical Tests 57,025 102,772 86,325 16,447 315 Reimburse Tuition and Books 100,000 100,000 67,535 32,465 321 Transportation Insurance 266,824 266,824 0 266,824 322 Property Insurance 4,752,053 4,787,254 260,275 4,526,979 323 Liability Insurance 816,506 817,810 10,557 807,253 324 Fidelity Bond Insurance 10,355 10,364 10,364 0 325 Fleet Insurance 51,483 51,483 0 51,483 Page 8

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 326 Drivers ED Insurance 8,959 8,959 0 8,959 331 Travel - In County 185,932 225,133 97,801 127,332 332 Travel - Out of County 283,032 602,518 239,768 362,750 333 Travel - Out of State 45,250 119,059 65,521 53,538 351 Repair-Instructional 14,379 47,891 23,371 24,520 352 Repair-Non-Instructional 79,512 133,099 81,716 51,383 353 Mainframe Maintenance 186,300 190,827 82,063 108,764 354 Specialized Services 1,483,549 1,729,929 603,599 1,126,330 355 Repair - General Maintenance 0 9,609 3,793 5,816 356 Maint & Warranty Agreements 271,130 345,229 85,739 259,490 360 Rentals 396,313 412,192 347,622 64,570 361 Software Rental 176,602 188,933 18,322 170,611 363 Hardware Lease 97,200 102,107 30,782 71,325 364 Maintenance Fees - Software 109,809 142,900 39,256 103,644 365 Subscription Fees - Software 1,662,099 2,800,173 2,309,131 491,042 371 Telephone Base 286,304 355,032 192,917 162,115 372 Telephone Long Distance 48,760 66,529 29,682 36,847 373 Postage 175,621 227,580 107,450 120,130 374 Telephone Equipment 123,100 123,137 63,821 59,316 375 Telephone Maintenance 143,029 141,727 134,400 7,327 376 PDA Data Usage 9,250 17,609 10,509 7,100 377 PDA Voice/Cell 83,417 95,827 115,133 (19,306) 378 Data Communications Services 997,653 982,360 1,085,366 (103,006) 384 Water 1,042,686 1,042,686 685,451 357,235 385 Refuse 735,823 737,121 427,255 309,866 386 Recycling 211,842 211,842 113,867 97,975 387 Sewer 1,179,309 1,179,309 805,460 373,849 388 Landfill 267,025 267,025 249,073 17,952 389 Reclaimed Water 500 500 16,539 (16,039) 391 Printing 1,530,823 2,053,031 1,543,834 509,197 Page 9

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 393 Dry Cleaning 0 128 103 25 394 Uniform Service 28,500 34,992 29,773 5,219 395 Pest Control 0 255 0 255 397 Isolated Transportation 9,900 45,000 34,138 10,862 399 Printing Charge-Back (600,000) (600,000) (341,364) (258,636) 3XX PURCHASED SERVICES TOTAL $ 68,987,333 $ 73,851,526 $ 50,541,569 $ 23,309,957 410 Natural Gas $ 104,555 $ 104,767 $ 70,552 $ 34,215 420 Bottled Gas 148,531 149,865 71,821 78,044 430 Electricity 11,585,823 11,647,325 8,094,349 3,552,976 440 Fuel Oil 13,669 13,669 9,131 4,538 450 Gasoline 846,348 645,602 349,179 296,423 460 Diesel 2,681,748 2,221,917 1,152,207 1,069,710 470 Energy Conservation at Schools 0 715,219 7,770 707,449 4XX ENERGY SERVICES TOTAL $ 15,380,674 $ 15,498,364 $ 9,755,009 $ 5,743,355 511 Supplies $ 7,571,997 $ 10,727,297 $ 4,592,692 $ 6,134,605 515 Financial Processing Support 17,820 14,968 6,278 8,690 516 Instructional Proc. Support 20,898 6,178 2,843 3,335 521 Non-State Adopted Textbooks 3,198,672 3,598,582 1,218,650 2,379,932 522 State Adopted Textbooks 2,556,288 3,643,828 387,718 3,256,110 523 Non-State Adopted Textbooks E-Books 0 261,390 205,455 55,935 524 Textbooks - State E-Books 0 559,889 499,121 60,768 530 Periodicals 13,870 18,154 7,025 11,129 544 Grease / Oil 46,360 52,025 29,696 22,329 550 Repair Parts 781,913 920,490 653,654 266,836 560 Tires / Tubes 198,864 225,271 166,253 59,018 594 Uniforms 168,783 100,034 49,022 51,012 5XX SUPPLIES/MATERIALS TOTAL $ 14,575,465 $ 20,128,106 $ 7,818,407 $ 12,309,699 Page 10

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 612 Library Books-Replacement $ 364,760 $ 333,410 $ 214,687 $ 118,723 621 A / V Materials over $1,000 18,120 9,499 0 9,499 622 A / V Materials under $1,000 6,100 25,555 11,712 13,843 641 Furniture, Fixtures & Equipment over $1,000 426,216 674,033 234,024 440,009 642 Furniture, Fixtures & Equipment under $1,000 235,461 1,083,036 635,382 447,654 643 Computer Hardware over $1,000 98,290 926,159 638,052 288,107 644 Computer Hardware under $1,000 2,286,201 3,435,809 2,374,355 1,061,454 652 Other Vehicles 226,159 246,841 44,331 202,510 671 Site Improvement - Contracted 5,000 180,299 133,719 46,580 672 Site Improvement - In House 0 2,109 2,109 0 677 Site Improvement - Direct PO's 0 1,392 1,392 0 681 Remodel-Contracted 60,500 113,307 19,345 93,962 682 Remodel-In-House 32,192 17,465 4,282 13,183 684 Remodel-Professional Fees 0 39,114 9,474 29,640 686 Remodel-Admin 0 2,805 18,596 (15,791) 687 District PO'S - Remodel/Renovate 0 52,622 52,622 0 691 Computer Software over $1,000 139,352 201,858 25,965 175,893 692 Computer Software under $1,000 25,876 67,321 25,776 41,545 693 License Fees - Software over $1,000 129,714 137,533 64,441 73,092 694 License Fees - Software under $1,000 31,752 49,887 38,561 11,326 6XX CAPITAL OUTLAY TOTAL $ 4,085,693 $ 7,600,054 $ 4,548,825 $ 3,051,229 737 Dues / Fees $ 2,206,850 $ 3,770,643 $ 1,271,708 $ 2,498,935 738 Fingerprint Fees Paid 172,500 225,057 143,072 81,985 739 Fiscal Bank Charges 54,000 70,556 31,518 39,038 740 Judgments / Settlements 5,000 5,000 0 5,000 783 Uninsured Property Loss 100,000 70,485 0 70,485 794 Field Trips 91,386 375,317 451,560 (76,243) 795 Miscellaneous Expense 900 900 490 410 7XX OTHER EXPENDITURES TOTAL $ 2,630,636 $ 4,517,958 $ 1,898,348 $ 2,619,610 Page 11

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND OBJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 TOTAL EXPENDITURES $ 543,373,286 $ 553,297,260 $ 403,936,369 $ 149,360,891 Transfer from General Fund to Capital Projects $ 2,013,185 $ 2,013,185 $ 0 TOTAL AFTER TRANSFERS $ 545,386,471 $ 555,310,445 $ 403,936,369 EXCESS (DEFICIENCY) OF REVENUES / EXPENDITURES AND TRANSFERS $ 930,763 $ (17,747,070) $ 64,521,951 Non-Spendable $ 834,571 $ 834,571 $ 834,571 Restricted 3,682,097 3,682,097 3,682,097 Assigned 3,078,912 3,078,912 3,078,912 Unassigned: School Board Contingency 19,880,369 19,880,369 19,880,369 Other 20,759,936 20,759,936 20,759,936 BEGINNING FUND BALANCE $ 48,235,885 $ 48,235,885 $ 48,235,885 Non-Spendable $ 834,570 $ 834,571 $ 793,930 Restricted 3,753,147 5,139,296 2,228,283 Assigned 3,138,323 4,297,399 89,518,074 Unassigned: School Board Contingency 19,880,369 19,880,369 19,880,369 Other 21,560,239 337,180 337,180 ENDING FUND BALANCE $ 49,166,648 $ 30,488,815 $ 112,757,836 Page 12

STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 EXPENDITURES: 5100 Basic K-12 $ 271,466,215 $ 269,974,384 $ 205,408,721 $ 64,565,663 5200 Exceptional Education 79,737,104 80,619,323 49,114,544 31,504,779 5300 Vocational Education 8,261,843 11,115,700 6,392,206 4,723,494 5400 Adult Education 1,654,664 1,733,682 962,516 771,166 5500 Other Instructional 2,170,351 2,346,829 1,746,714 600,115 5900 Non-F.E.F.P. Instructional 255,823 1,221,203 667,111 554,092 INSTRUCTIONAL TOTAL $ 363,546,000 $ 367,011,121 $ 264,291,812 $ 102,719,309 6110 Attendance / Social Work $ 1,488,096 $ 1,524,220 $ 1,083,509 $ 440,711 6120 Guidance 13,423,362 13,592,411 10,454,466 3,137,945 6130 Health 2,612,497 2,626,793 1,929,886 696,907 6140 Psychological Services 1,027,765 1,060,592 886,763 173,829 6150 Parental Involvement 121,399 179,329 109,508 69,821 6200 Instructional Media 7,184,682 7,246,127 5,599,705 1,646,422 6300 Instructional Curr. Development 12,872,561 13,712,409 10,738,555 2,973,854 6400 Instructional Staff Training 1,537,824 3,084,134 1,736,876 1,347,258 6500 Instructional Related Technology 8,659,681 8,918,756 7,110,021 1,808,735 INSTRUCTIONAL SUPPORT TOTAL $ 48,927,867 $ 51,944,771 $ 39,649,289 $ 12,295,482 Page 13

STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 7100 Board of Education $ 1,130,536 $ 1,346,508 $ 881,637 $ 464,871 7200 General Administration 1,166,460 1,208,190 909,347 298,843 7300 School Administration 37,306,723 37,514,090 31,001,804 6,512,286 7400 Facilities, Acquisition, Const. 831,023 1,145,813 1,091,028 54,785 7500 Fiscal Services 2,602,503 2,757,078 2,201,770 555,308 7600 Food Services 172,508 80,261 221,259 (140,998) 7710 Research Development 469,985 389,066 350,374 38,692 7720 Information Services 908,543 1,426,348 1,061,276 365,072 7730 Staff Services 2,303,759 2,922,311 2,068,468 853,843 7731 Admin, Classified In-service 420,987 666,507 333,460 333,047 7760 Warehouse / purchasing 2,023,749 1,938,404 1,620,855 317,549 7790 Other Central Services 0 70,485 0 70,485 7800 Transportation 18,924,829 18,525,940 14,334,869 4,191,071 7900 Operation of Plant 45,623,484 46,483,194 31,413,162 15,070,032 7910 Environmental Services 538,921 600,163 468,187 131,976 8100 Maintenance 10,424,890 10,909,350 7,844,296 3,065,054 8110 Transportation Maintenance 1,695,476 1,390,849 521,472 869,377 8120 Technology Repair 91,986 152,580 80,034 72,546 8200 Administrative Technical Services 3,994,755 4,242,037 3,254,302 987,735 9100 Community Services 193,302 497,194 337,668 159,526 9400 Overhead 75,000 75,000 0 75,000 GENERAL SUPPORT TOTAL $ 130,899,419 $ 134,341,368 $ 99,995,268 $ 34,346,100 TOTAL EXPENDITURES $ 543,373,286 $ 553,297,260 $ 403,936,369 $ 149,360,891 Page 14

STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL GENERAL OPERATING FUND FUNCTION DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE CODE BUDGET 04/30/17 04/30/17 Transfer from General Fund to Capital Projects $ 2,013,185 $ 2,013,185 $ 0 $ 2,013,185 TOTAL AFTER TRANSFERS $ 545,386,471 $ 555,310,445 $ 403,936,369 EXCESS (DEFICIENCY) OF REVENUES / EXPENDITURES AND TRANSFERS $ 930,763 $ (17,747,070) $ 64,521,951 Non-Spendable $ 834,571 $ 834,571 $ 834,571 Restricted 3,682,097 3,682,097 3,682,097 Assigned 3,078,912 3,078,912 3,078,912 Unassigned: School Board Contingency 19,880,369 19,880,369 19,880,369 Other 20,759,936 20,759,936 20,759,936 BEGINNING FUND BALANCE $ 48,235,885 $ 48,235,885 $ 48,235,885 Non-Spendable $ 834,570 $ 834,571 $ 793,930 Restricted 3,753,147 5,139,296 2,228,283 Assigned 3,138,323 4,297,399 89,518,074 Unassigned: School Board Contingency 19,880,369 19,880,369 19,880,369 Other 21,560,239 337,180 337,180 ENDING FUND BALANCE $ 49,166,648 $ 30,488,815 $ 112,757,836 Page 15

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL FUNCTION DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 REVENUES: FEDERAL DIRECT SOURCES 3130 Head Start Grant $ 4,841,796 $ 0 $ 3,648,178 $ 1,193,618 3191 ROTC 990,838 0 980,923 9,915 3199 Magnet Grant 2,642,740 0 1,418,813 1,223,927 3199 Other Federal Direct 1,446,880 0 420,053 1,026,827 TOTAL FEDERAL DIRECT $ 9,922,254 $ 0 $ 6,467,967 $ 3,454,287 FEDERAL THROUGH STATE SOURCES 3201 Vocational Education $ 668,984 $ 0 $ 521,438 $ 147,546 3221 Adult Ed 542,641 0 387,138 155,503 3225 Title II 2,980,927 0 1,495,832 1,485,095 3230 Education for the Handicapped 23,349,168 0 14,366,813 8,982,355 3240 Title 1 19,103,613 0 12,306,870 6,796,743 3241 Title III ESOL 444,642 0 239,758 204,884 3242 21st Century 1,681,067 0 1,480,946 200,121 3290 Charter Schools 100,228 0 94,677 5,551 3290 Other Miscellaneous 117,520 0 45,075 72,445 TOTAL FEDERAL THROUGH STATE $ 48,988,790 $ 0 $ 30,938,547 $ 18,050,243 STATE AND OTHER SOURCES 3335 Diagnostic & Resource $ 33,268 $ 0 $ 29,892 $ 3,376 3390 Other State 10,252 0 1,684 8,568 3440 Gifts, Grants & Bequests 0 0 11,100 (11,100) TOTAL STATE AND OTHER SOURCES $ 43,520 $ 0 $ 42,676 $ 844 TOTAL REVENUES $ 58,954,564 $ 0 $ 37,449,190 $ 21,505,374 Page 16

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL OBJECT DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 111 Administrator - Base Pay $ 452,258 $ 0 $ 382,801 $ 69,457 112 Administrator - Extra Duty Pay 0 0 212 (212) 121 Teacher - Base Pay 9,112,328 0 6,316,820 2,795,508 122 Teacher - Extra Duty Pay 532,202 0 416,757 115,445 123 Teacher - Supplements 0 0 3,404 (3,404) 131 Other Certified - Base Pay 9,533,394 0 6,338,932 3,194,462 132 Other Certified - Extra Duty Pay 738,914 0 301,845 437,069 133 Other Certified - Supplements 341,755 0 285,293 56,462 141 Substitute - Base Pay 629,835 0 223,176 406,659 142 Substitute - Non Instructional 0 0 125 (125) 151 Aide - Base Pay 5,685,833 0 4,563,876 1,121,957 152 Aide - Extra Duty Pay 14,815 0 24,795 (9,980) 158 Aide - Short Term Pay 0 0 23,122 (23,122) 161 Other Support - Base Pay 1,549,226 0 1,166,545 382,681 162 Other Support - Extra Duty Pay 0 0 26,495 (26,495) 168 Other Support - Short Term Pay 0 0 9,982 (9,982) 181 EAP - Base Pay 3,020,637 0 2,610,920 409,717 1XX SALARIES TOTAL $ 31,611,197 $ 0 $ 22,695,100 $ 8,916,097 210 Retirement $ 2,075,108 $ 0 $ 1,703,834 $ 371,274 220 FICA 2,330,425 0 1,577,138 753,287 231 Life Insurance 152,707 0 20,620 132,087 232 Hospitalization 5,508,861 0 3,170,766 2,338,095 241 Worker's Comp - General 319,555 0 123,503 196,052 243 Worker's Comp - All Others 112 0 831 (719) 2XX FRINGE TOTAL $ 10,386,768 $ 0 $ 6,596,692 $ 3,790,076 Page 17

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL OBJECT DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 312 Professional/Technical $ 4,576,058 $ 0 $ 1,767,431 $ 2,808,627 315 Tuition Reimbursement 23,194 0 0 23,194 322 Insurance - Comprehensive Business 1,300 0 0 1,300 323 Insurance - Liability 2,950 0 1,005 1,945 331 Travel - In-County 178,081 0 137,314 40,767 332 Travel - Out-County 494,392 0 362,174 132,218 333 Out of State Travel 157,961 0 111,617 46,344 351 Repair-Instructional Equipment 8,326 0 8,766 (440) 352 Repair-Other Equipment 1,000 0 0 1,000 356 Maint & Warranty Agreements 93,692 0 973 92,719 360 Rentals 39,856 0 42,883 (3,027) 363 Computer Hardware Lease 150 0 0 150 364 Maintenance Fees - Software 1,574 0 15,682 (14,108) 365 Subscription Fees - Software 652,988 0 716,160 (63,172) 371 Telephone Base 2,379 0 1,445 934 372 Telephone Long Distance 300 0 163 137 373 Postage 24,946 0 12,301 12,645 375 Telephone Maintenance 50 0 10 40 376 PDA Data 4,201 0 469 3,732 377 PDA Voice/Cell 15,005 0 4,761 10,244 378 Data Communications Services 6,160 0 4,772 1,388 384 Water 1,095 0 512 583 385 Refuse 985 0 1,451 (466) 386 Recycle 235 0 47 188 387 Sewer 1,100 0 787 313 388 Landfill 125 0 0 125 391 Printing 107,562 0 57,581 49,981 392 Contracted Food Servics 200 0 0 200 397 Isolated Transportation 75,067 0 433 74,634 3XX PURCHASED SERVICES TOTAL $ 6,470,932 $ 0 $ 3,248,737 $ 3,222,195 Page 18

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL OBJECT DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 410 Natural Gas $ 65 $ 0 $ 34 $ 31 430 Electricity 4,785 0 4,001 784 450 Gasoline 6,000 0 0 6,000 460 Diesel 281,620 0 0 281,620 4XX FUEL TOTAL $ 292,470 $ 0 $ 4,035 $ 288,435 511 Supplies $ 3,314,446 $ 0 $ 1,057,951 $ 2,256,495 521 Non-State Adopted Textbooks 2,936 0 15,944 (13,008) 522 State Adopted Textbooks 12,640 0 21,867 (9,227) 530 Periodicals 300 0 0 300 544 Oil & Grease 500 0 0 500 550 Repair Parts 4,353 0 0 4,353 560 Tires & Tubes 600 0 0 600 5XX SUPPLIES/MATERIALS TOTAL $ 3,335,775 $ 0 $ 1,095,762 $ 2,240,013 611 Library Books-New $ 100 $ 0 $ 0 $ 100 612 Library Books-Replacement 2,018 0 0 2,018 621 A/V Materials over $1,000 2,871 0 1,602 1,269 622 A/V Materials under $1,000 34,124 0 2,891 31,233 641 Furn/Fixt/Equip over $1,000 206,626 0 134,560 72,066 642 Furn/Fixt/Equip under $1,000 1,330,751 0 594,098 736,653 643 Computer Hardware over $1,000 396,206 0 247,773 148,433 644 Computer Hardware under $1,000 1,373,086 0 639,104 733,982 671 Site Improvement - Contracted 7,879 0 1,473 6,406 672 Site Improvement - In House 4,284 0 0 4,284 681 Remodeling/Renovation - Contracted 165,750 0 148,644 17,106 Page 19

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL OBJECT DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 684 Remodeling/Renovation - Prof Fees 5,015 0 4,575 440 686 Remodeling/Renovation - Admin 13,259 0 2,845 10,414 687 Diret PO's - Remodel/Renovate 61,337 0 57,841 3,496 691 Computer Software over $1,000 47,393 0 0 47,393 692 Computer Software under $1,000 73,357 0 5,653 67,704 693 License Fee - Software over 1 K 113,126 0 15,491 97,635 694 License Fee - Software under 1K 176,974 0 35,350 141,624 6XX CAPITAL OUTLAY TOTAL $ 4,014,156 $ 0 $ 1,891,900 2,122,256 737 Dues/Fees $ 312,012 $ 0 $ 285,560 $ 26,452 738 Fingerprinting 2,100 0 2,240 (140) 753 Non Employee Stipends 69,392 0 1,800 67,592 754 Non Employee Substitutes 63,165 0 29,135 34,030 794 Field Trips 140,557 0 43,509 97,048 799 Federal Indirect Cost 2,256,040 0 1,554,720 701,320 7XX OTHER EXPENDITURES TOTAL $ 2,843,266 $ 0 $ 1,916,964 $ 926,302 TOTAL EXPENDITURES $ 58,954,564 $ 0 $ 37,449,190 $ 21,505,374 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ 0 $ 0 $ 0 BEGINNING FUND BALANCE $ 0 $ 0 $ 0 ENDING FUND BALANCE $ 0 $ 0 $ 0 Page 20

STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL FUNCTION DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 EXPENDITURES: 5100 Basic K-12 $ 12,793,707 $ 0 $ 8,352,442 $ 4,441,265 5200 Exceptional Education 9,122,251 0 4,939,010 4,183,241 5300 Vocational Education 367,820 0 427,267 (59,447) 5400 Adult Education 269,000 0 194,053 74,947 5500 Pre-K 4,202,541 0 2,934,856 1,267,685 5900 Non- FEFP 1,608,564 0 847,502 761,062 INSTRUCTIONAL TOTAL $ 28,363,883 $ 0 $ 17,695,130 $ 10,668,753 6110 Attendance / Social Work $ 1,875,886 $ 0 $ 787,713 $ 1,088,173 6120 Guidance 265,991 0 477,567 (211,576) 6130 Health 1,768,642 0 815,988 952,654 6140 Psychological Services 1,938,251 0 1,577,201 361,050 6150 Parent Involvement 1,225,814 0 727,438 498,376 6200 Instructional Media 0 0 99,651 (99,651) 6300 Instructional Curriculum 13,382,505 0 8,582,038 4,800,467 6400 Instructional Staff Training 4,608,793 0 2,692,134 1,916,659 6500 Instructional Related Technology 1,132,557 0 910,313 222,244 INSTRUCTIONAL SUPPORT TOTAL $ 26,198,439 $ 0 $ 16,670,043 $ 9,528,396 7100 Board of Eductation $ 151 $ 0 $ 676 $ (525) 7200 General Administration 2,260,249 0 1,556,992 703,257 7300 School Administration 185,910 0 167,095 18,815 7400 Facilities 252,754 0 216,777 35,977 7500 Fiscal Services 38,169 0 31,775 6,394 7600 Food Services 28,780 0 33,393 (4,613) Page 21

STATEMENT OF EXPENDITURES BY FUNCTION AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-OTHER FUND ACTUAL FUNCTION DESCRIPTION ADOPTED AMENDED THROUGH VARIANCE CODE BUDGET BUDGET 04/30/17 7710 Planning, Research, Develop 22,667 0 0 22,667 7730 Central Services 177 0 10,264 (10,087) 7800 Transportation 481,152 0 36,090 445,062 7900 Utility / Custodial 112,057 0 45,928 66,129 7910 Environmental Services 0 0 28,732 (28,732) 8110 Transportation Maintenance 11,752 0 0 11,752 8200 Administrative Tech Services 0 0 44,235 (44,235) 9100 Community Services 998,424 0 912,060 86,364 GENERAL SUPPORT TOTAL $ 4,392,242 $ 0 $ 3,084,017 $ 1,308,225 TOTAL EXPENDITURES $ 58,954,564 $ 0 $ 37,449,190 $ 21,505,374 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ 0 $ 0 $ 0 BEGINNING FUND BALANCE $ 0 $ 0 $ 0 ENDING FUND BALANCE $ 0 $ 0 $ 0 Page 22

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-FOOD SERVICE ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 REVENUES: FEDERAL THROUGH STATE SOURCES 3261 School Lunch Reimbursement $ 15,086,733 $ 15,086,733 $ 10,108,822 $ 4,977,911 3262 School Breakfast Reimbursement 5,335,166 5,335,166 3,782,682 1,552,484 3263 After School Snack Reimbursement 303,252 303,252 205,593 97,659 3264 Child Care Food Program 225,805 225,805 205,032 20,773 3265 USDA Donated Foods 2,110,586 2,110,586 0 2,110,586 3266 Cash in Lieu of Donated Food 9,787 9,787 7,721 2,066 3267 Summer Feeding Program 229,237 229,237 40,725 188,512 3268 Fresh Fruit & Vegetable Program 120,950 120,950 77,255 43,695 TOTAL FEDERAL $ 23,421,516 $ 23,421,516 $ 14,427,830 $ 8,993,686 STATE AND OTHER SOURCES 3337 School Breakfast Supplement $ 149,309 $ 149,309 $ 158,216 $ (8,907) 3338 State Supplement (Lunch & Breakfast) 178,006 178,006 185,591 (7,585) 3451 Student Lunches 2,761,831 2,761,831 2,495,827 266,004 3453 Adult Breakfast / Lunch 403,421 403,421 319,212 84,209 3454 Student A La Carte 5,689,309 5,689,309 4,955,248 734,061 3456 Other Food Sales 146,056 146,056 151,162 (5,106) 3457 Food Service Child Care 553 553 479 74 3490 Miscellaneous Local Sources 250,421 250,421 262,292 (11,871) TOTAL STATE AND OTHER SOURCES $ 9,578,906 $ 9,578,906 $ 8,528,027 $ 1,050,879 TOTAL REVENUES $ 33,000,422 $ 33,000,422 $ 22,955,857 $ 10,044,565 Page 23

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-FOOD SERVICE ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 EXPENDITURES: 111 Administrator - Base Pay $ 96,805 $ 93,985 $ 78,321 $ 15,664 161 Other Support - Base Pay 8,099,065 8,632,587 6,856,587 1,776,000 162 Other Support - Extra Duty Pay 258,096 0 162,963 (162,963) 168 Other Support Temporary 7,258 0 820 (820) 181 EAP - Base Pay 721,041 962,465 611,826 350,639 184 EAP - Terminal Pay 1,106 0 0 0 1XX SALARIES TOTAL $ 9,183,371 $ 9,689,037 $ 7,710,517 $ 1,978,520 210 Retirement $ 690,590 $ 736,389 $ 587,502 $ 148,887 220 FICA 702,528 740,426 557,654 182,772 231 Life Insurance 7,622 4,415 4,545 (130) 232 Medical Insurance 1,400,490 1,553,309 1,054,930 498,379 241 Worker's Compensation I 6,564 7,594 5,017 2,577 242 Worker's Compensation II 821 944 268 676 244 Worker's Compensation IV 353,508 357,871 294,536 63,335 2XX FRINGE TOTAL $ 3,162,123 $ 3,400,948 $ 2,504,452 $ 896,496 312 Professional & Technical $ 1,075,132 $ 1,109,049 $ 764,040 $ 345,009 331 Travel - In County 56,032 56,032 31,534 24,498 332 Travel - Out of County 6,998 6,998 10,136 (3,138) 333 Travel - Out of State 7,099 7,099 2,189 4,910 352 Repair Other Equipment 4,210 4,210 0 4,210 355 Repair-General Maintenance 199,850 334,116 0 334,116 356 Maint. & Warranty Agreements 81,695 81,695 78,195 3,500 360 Rentals 1,421 1,421 0 1,421 Page 24

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-FOOD SERVICE ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 364 Maintenance Fees - Software 660 660 476 184 365 Subscription Fees - Software 8,480 8,480 6,980 1,500 373 Postage - Telegraph 6,658 6,658 0 6,658 374 Phone Equipment 521 521 0 521 391 Printing, Etc. 19,486 22,426 2,691 19,735 3XX PURCHASED SERVICES TOTAL $ 1,468,242 $ 1,639,365 $ 896,241 $ 743,124 410 Natural Gas $ 91,105 $ 91,105 $ 63,112 $ 27,993 420 Bottled Gas 125,815 125,815 82,786 43,029 430 Electricity 336,714 336,714 241,694 95,020 4XX ENERGY SERVICES TOTAL $ 553,634 $ 553,634 $ 387,592 $ 166,042 511 Supplies $ 1,234,320 $ 1,234,430 $ 893,862 $ 340,568 516 Instruct Processing Supplies 1,421 1,421 0 1,421 544 Oil & Grease 120 120 0 120 550 Repair Parts 6,988 6,988 0 6,988 560 Tires & Tubes 1,410 1,410 0 1,410 571 Food & Milk 12,422,600 12,422,600 10,718,030 1,704,570 591 Wares Replacement 33,527 34,595 18,212 16,383 592 Commodity Usage 1,960,586 1,960,586 20,200 1,940,386 594 Uniforms 72,382 78,654 64,477 14,177 5XX SUPPLIES / MATERIALS TOTAL $ 15,733,354 $ 15,740,804 $ 11,714,781 $ 4,026,023 641 Furniture, Fixtures & Equipment over $1,000 $ 1,198,192 $ 1,336,283 $ 400,837 $ 935,446 642 Furniture, Fixtures & Equipment under $1,000 42,633 86,294 75,378 10,916 643 Computer Hardware over $1,000 50,485 50,485 1,188 49,297 644 Computer Hardware under $1,000 228,233 229,231 65,830 163,401 652 Other Vehicles 136,206 136,206 0 136,206 681 Remodel / Renovate - Contracted 1,142,193 1,354,771 216,235 1,138,536 Page 25

STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL SPECIAL REVENUE-FOOD SERVICE ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 691 Computer Software over $1,000 57,214 57,214 0 57,214 692 Computer Software under $1,000 3,688 3,688 0 3,688 693 License Fees - Software over $1,000 1,833 1,833 0 1,833 694 License Fees - Software under $1,000 2,108 2,108 0 2,108 6XX CAPITAL OUTLAY TOTAL $ 2,862,785 $ 3,258,113 $ 759,468 $ 2,498,645 737 Dues & Fees $ 27,356 $ 27,356 $ 27,702 $ (346) 739 Bank Charges 216,763 226,104 180,626 45,478 795 Miscellaneous Expense 412 412 1,788 (1,376) 796 Uncoll Accounts (Bad Debt) 3,567 3,567 613 2,954 799 Federal Indirect Cost 710,312 710,312 0 710,312 7XX OTHER EXPENDITURES TOTAL $ 958,410 $ 967,751 $ 210,729 $ 757,022 TOTAL BEFORE OTHER FINANCING SOURCES/USES $ 33,921,919 $ 35,249,652 $ 24,183,780 $ 11,065,872 Transfer - Capital Projects $ 500,000 $ 500,000 $ 245,000 $ 255,000 TOTAL AFTER OTHER FINANCING SOURCES/USES $ 34,421,919 $ 35,749,652 $ 24,428,780 $ 11,320,872 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ (1,421,497) $ (2,749,230) $ (1,472,923) Non-Spendable $ 1,685,787 $ 1,685,787 $ 1,685,787 Restricted 12,075,570 12,075,570 12,075,570 BEGINNING FUND BALANCE $ 13,761,357 $ 13,761,357 $ 13,761,357 Non-Spendable $ 1,547,321 $ 1,676,697 $ 1,665,586 Restricted 10,792,539 9,335,430 10,622,848 ENDING FUND BALANCE $ 12,339,860 $ 11,012,127 $ 12,288,434 Page 26

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL DEBT SERVICE FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 4/30/17 04/30/17 STATE SOURCES 3322 CO & DS Withheld for SBE Bonds $ 774,530 $ 774,530 $ 0 $ 774,530 TOTAL STATE $ 774,530 $ 774,530 $ 0 $ 774,530 LOCAL SOURCES 3430 Investment Revenue $ 139,000 $ 139,000 $ 33,030 $ 105,970 TOTAL LOCAL $ 139,000 $ 139,000 $ 33,030 $ 105,970 OTHER FINANCING SOURCES 3630 Transfer From Capital Tax Levy $ 36,367,258 $ 36,111,826 $ 13,818,099 $ 22,293,727 3750 Certificate of Participation - 2017A 0 82,385,000 82,385,000 0 3792 Premium on Sale of Bond 0 6,982,377 6,982,377 0 TOTAL OTHER $ 36,367,258 $ 125,479,203 $ 103,185,476 $ 22,293,727 TOTAL REVENUE AND OTHER FINANCING SOURCES $ 37,280,788 $ 126,392,733 $ 103,218,506 $ 23,174,227 EXPENDITURES: SBE Bonds 710 Redemption of Principal $ 619,000 $ 619,000 $ 0 $ 619,000 720 Interest 145,530 145,530 0 145,530 730 Dues and Fees 10,000 10,000 0 10,000 COPS 710 Redemption of Principal 16,175,000 16,175,000 2,880,000 13,295,000 720 Interest 20,134,558 19,096,557 10,139,279 8,957,278 730 Dues and Fees 57,700 609,595 566,890 42,705 TOTAL EXPENDITURES $ 37,141,788 $ 36,655,682 $ 13,586,169 $ 23,069,513 Page 27

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL DEBT SERVICE FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 4/30/17 04/30/17 OTHER FINANCING USES: 760 Payments to Refunded Bond Escrow Agent $ 0 $ 89,587,515 $ 89,587,515 $ 0 TOTAL EXPENDITURES AND OTHER FINANCING USES $ 37,141,788 $ 126,243,197 $ 103,173,684 $ 23,069,513 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ 139,000 $ 149,536 $ 44,822 $ 104,714 BEGINNING FUND BALANCE $ 3,929,920 $ 3,929,920 $ 3,929,920 ENDING FUND BALANCE $ 4,068,920 $ 4,079,456 $ 3,974,742 Page 28

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL CAPITAL PROJECTS FUND ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 04/30/17 04/30/17 STATE SOURCES 3321 CO & DS Distributed to District $ 1,898,941 $ 1,898,941 $ 0 $ 1,898,941 3325 Interest - CO & DS 5,511 5,511 0 5,511 3391 PECO 2,616,664 2,616,664 2,616,664 0 339X Other State 150,000 150,000 35,256 114,744 TOTAL STATE $ 4,671,116 $ 4,671,116 $ 2,651,920 $ 2,019,196 LOCAL SOURCES 3413 School Capital Outlay Tax $ 51,658,103 $ 51,658,103 $ 49,771,962 $ 1,886,141 3413 Additional School Capital Outlay Tax > 96% 408,960 408,960 0 408,960 3419 Sales Surtax 43,269,088 43,269,088 28,907,746 14,361,342 343X Interest on Investments 100,000 338,083 546,918 (208,835) 3496 Impact Fees 7,500,000 7,500,000 0 7,500,000 349X Miscellaneous Local Sources 90,000 236,892 258,619 (21,727) TOTAL LOCAL $ 103,026,151 $ 103,411,126 $ 79,485,245 $ 23,925,881 OTHER FINANCING SOURCES 3610 Transfer from Operating $ 2,013,185 $ 2,013,185 $ 0 $ 2,013,185 3640 Transfers from Special Revenue - Food Services 500,000 500,000 245,000 255,000 TOTAL OTHER FINANCING SOURCES $ 2,513,185 $ 2,513,185 $ 245,000 $ 2,268,185 TOTAL REVENUES & OTHER FINANCING SOURCES $ 110,210,452 $ 110,595,427 $ 82,382,165 $ 28,213,262 Page 29

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL CAPITAL PROJECTS FUND ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 04/30/17 04/30/17 EXPENDITURES: 63X New Construction $ 9,828 $ 2,328 $ 0 $ 2,328 641 Furniture, Fixtures & Equipment over $1,000* 706,408 824,426 184,809 639,617 642 Furniture, Fixtures & Equipment under $1,000* 52,208 387,289 170,140 217,149 643 Computer Hardware over $1,000* 1,925,448 4,299,027 2,029,255 2,269,772 644 Computer Hardware under $1,000* 27,809 2,573,097 2,449,405 123,692 65X Motor Vehicles / Buses 6,111,093 6,111,093 2,084,186 4,026,907 67X Improvements Other Than Buildings * 1,142,585 4,652,512 1,670,194 2,982,318 68X Renovation / Remodeling * 95,605,262 100,202,816 25,483,770 74,719,046 691 Computer Software over $1,000 1,050,000 1,050,000 0 1,050,000 692 Computer Software under $1,000 0 18,944 18,715 229 TOTAL BEFORE OTHER FINANCING SOURCES/USES $ 106,630,641 $ 120,121,532 $ 34,090,474 $ 86,031,058 Transfer - General Fund - Property Insurance $ 4,665,687 $ 4,665,687 $ 0 $ 4,665,687 Transfer - Debt Service 36,367,258 36,111,826 13,818,099 22,293,727 TOTAL AFTER OTHER FINANCING SOURCES/USES $ 147,663,586 $ 160,899,045 $ 47,908,573 $ 112,990,472 EXCESS (DEFICIENCY) OF REVENUES / EXPENDITURES $ (37,453,134) $ (50,303,618) $ 34,473,592 Restricted ** $ 87,709,430 $ 88,078,685 $ 88,078,685 Assigned 3,183,759 3,183,759 3,183,759 BEGINNING FUND BALANCE $ 90,893,189 $ 91,262,444 $ 91,262,444 Restricted $ 52,235,647 $ 39,754,418 $ 122,453,909 Assigned 1,204,408 1,204,408 3,282,127 ENDING FUND BALANCE $ 53,440,055 $ 40,958,826 $ 125,736,036 *64X/67X/68X Adopted Budget includes Sales Surtax Projects in the amount of $75,721,303; Amended Budget in the amount of $75,891,648 ** Restricted beginning balance was amended due to an adjustment for 2015-16 which occurred after the Adopted Budget was prepared and prior to the completion of the CAFR. Page 30

STATEMENT OF EXPENDITURES BY PROJECT CHANGES IN FUND BALANCE BUDGET vs ACTUAL CAPITAL PROJECTS FUND PROJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 04/30/17 04/30/17 2568 Educational Technology - Infrastructure Equipment $ 1,677 $ 1,677 $ 0 $ 1,677 5528 School Bus Replacement 6,111,093 6,111,093 2,084,186 4,026,907 5744 Furniture & Equipment Replacement 604,347 804,347 132,347 672,000 5900 Preventitive Maintenance 0 500,000 0 500,000 5901 Maintenance Capital Supplies / Service 2,102,959 3,100,000 2,217,100 882,900 5902 Direct Maintenance Capital Supplies/ Service 0 2,960 3,098 (138) 5917 District Refreshment - Technology 1,894,756 1,544,756 1,467,721 77,035 5920 Sunrise Standard Classroom 127,686 2,727,686 347,139 2,380,547 5923 Computerized Testing Labs 305 305 305 0 5925 Enterprise Resource Planning (ERP) 1,050,000 1,050,000 0 1,050,000 7914 Growth Management 9,828 9,828 7,500 2,328 7918 Energy Conservation - Facilities 328,983 174,885 122,474 52,411 7923 School Initiated Projects 7,641 108,243 94,182 14,061 7925 Code Compliance 34,061 34,061 0 34,061 7927 Program Related Facility Needs 368,688 2,402,533 306,195 2,096,338 7928 South Courtenay Parkway Right of Way 85,497 86,069 83,719 2,350 7929 Andersen Elementary Entrance Way 286,075 286,075 250,780 35,295 7931 MIHS Stormwater Improvement 0 1,240,000 22,750 1,217,250 7940 School Initiated Project - Match 0 300,000 0 300,000 7950 Special Capital Projects 0 550,000 29,138 520,862 7951 CHS Addition/Renovate 0 500,000 0 500,000 011031 VIPS Program 0 45,135 45,135 0 305700 Portable Relocation 401,325 1,101,325 118,181 983,144 305963 Capital Renewal 10,684,592 8,420,964 1,329,141 7,091,823 315388 ADA Projects 262,804 295,106 168,570 126,536 315626 Safety to Life 737,603 737,603 119,904 617,699 315628 Painting & Corrosion Control 1,348,563 348,563 212,579 135,984 315706 Custodial Equipment 158,023 158,023 95,283 62,740 315707 Grounds Equipment 0 100,000 67,250 32,750 315718/315725 Food & Nutrition Services Projects 1,241,656 1,241,656 618,708 622,948 Page 31

STATEMENT OF EXPENDITURES BY PROJECT CHANGES IN FUND BALANCE BUDGET vs ACTUAL CAPITAL PROJECTS FUND PROJECT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 04/30/17 04/30/17 335731 Replacement at Failure 1,609,994 2,475,641 1,552,520 923,121 335732 Plant Ops & Maint Bldg Improv 175,302 175,302 0 175,302 335733 Building Envelope Water Control 31,055 31,055 31,055 0 335734 Maintenance Painting & Corrosion Control 0 1,000,000 53,762 946,238 Additional Tax Levy/Capital Projects 408,960 408,960 0 408,960 Sales Surtax Projects - Use of Other Funds 835,865 6,156,033 776,767 5,379,266 Sales Surtax Projects 75,721,303 75,891,648 21,732,985 54,158,663 TOTAL BEFORE OTHER FINANCING SOURCES/USES $ 106,630,641 $ 120,121,532 $ 34,090,474 $ 86,031,058 Transfer - General Fund - Property Insurance $ 4,665,687 $ 4,665,687 $ 0 $ 4,665,687 Transfer - Debt Service 36,367,258 36,111,826 13,818,099 22,293,727 TOTAL AFTER OTHER FINANCING SOURCES/USES $ 147,663,586 $ 160,899,045 $ 47,908,573 $ 112,990,472 EXCESS (DEFICIENCY) OF REVENUES / EXPENDITURES $ (37,453,134) $ (50,303,618) $ 34,473,592 Restricted * $ 87,709,430 $ 88,078,685 $ 88,078,685 Assigned 3,183,759 3,183,759 3,183,759 BEGINNING FUND BALANCE $ 90,893,189 $ 91,262,444 $ 91,262,444 Restricted $ 52,235,647 $ 39,754,418 $ 122,453,909 Assigned 1,204,408 1,204,408 3,282,127 ENDING FUND BALANCE $ 53,440,055 $ 40,958,826 $ 125,736,036 * Restricted beginning balance was amended due to an adjustment for 2015-16 which occurred after the Adopted Budget was prepared and prior to the completion of the CAFR. Page 32

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL CASUALTY INSURANCE FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 LOCAL SOURCES 348X Premiums $ 4,271,540 $ 4,271,540 $ 2,809,153 $ 1,462,387 343X Interest 88,983 88,983 123,724 (34,741) 349X Misc Revenue 0 0 5 (5) TOTAL REVENUES $ 4,360,523 $ 4,360,523 $ 2,932,882 $ 1,427,641 EXPENDITURES: 111 Administrator - Base Pay $ 52,027 $ 52,027 $ 43,356 $ 8,671 161 Other Support - Base Pay 74,116 74,116 59,763 14,353 181 EAP - Base Pay 47,523 47,523 32,724 14,799 1XX SALARIES TOTAL $ 173,666 $ 173,666 $ 135,843 $ 37,823 210 Retirement $ 13,060 $ 13,060 $ 10,215 $ 2,845 220 FICA 13,285 13,285 9,963 3,322 231 Life Insurance 144 144 130 14 232 Hospitalization 18,058 18,058 12,386 5,672 241 Worker's Compensation I 969 969 762 207 2XX FRINGE TOTAL $ 45,516 $ 45,516 $ 33,456 $ 12,060 311 Legal Services $ 2,000 $ 2,000 $ 10,476 $ (8,476) 312 Professional and Technical 25,000 25,000 21,980 3,020 316 Managed Care Arrangement Costs 28,000 28,000 22,348 5,652 331 Travel - In County 811 811 0 811 332 Travel - Out of County 2,650 2,650 131 2,519 371 Telephone - Base 500 500 0 500 372 Telephone Long Distance 20 20 0 20 373 Postage 475 475 0 475 376 PDA Data 100 100 10 90 377 PDA Voice Cell 615 615 466 149 391 Printing, etc. 1,250 1,250 572 678 3XX PURCHASED SERVICES TOTAL $ 61,421 $ 61,421 $ 55,983 $ 5,438 Page 33

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL CASUALTY INSURANCE FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 511 Supplies $ 1,284 $ 1,284 $ 829 $ 455 5XX SUPPLIES / COMPUTER HARDWARE TOTAL $ 1,284 $ 1,284 $ 829 $ 455 641 Furniture, Fixtures & Equipment over $1,000 $ 2,000 $ 2,000 $ 0 $ 2,000 642 Furniture, Fixtures & Equipment under $1,000 2,000 2,000 475 1,525 643 Computer Hardware over $1,000 3,500 3,500 0 3,500 644 Computer Hardware under $1,000 500 500 2,083 (1,583) 691 Computer Software over $1,000 1,500 1,500 0 1,500 6XX CAPITAL OUTLAY TOTAL $ 9,500 $ 9,500 $ 2,558 $ 6,942 737 Dues and Fees $ 800 $ 800 $ 635 $ 165 739 Bank Charges 15,000 15,000 9,340 5,660 775 Worker's Compensation 4,100,000 4,100,000 3,747,837 352,163 776 Auto Claims 327,513 327,513 317,526 9,987 777 General Claims 478,812 478,812 309,619 169,193 779 Administrative Fees 86,293 86,293 84,815 1,478 780 Excess Policy 425,000 425,000 371,937 53,063 7XX TOTAL OTHER EXPENDITURES $ 5,433,418 $ 5,433,418 $ 4,841,709 $ 591,709 TOTAL EXPENDITURES $ 5,724,805 $ 5,724,805 $ 5,070,378 $ 654,427 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES $ (1,364,282) $ (1,364,282) $ (2,137,496) BEGINNING FUND BALANCE $ 1,074,620 $ 1,074,620 $ 1,074,620 Workman's Compensation Adjustment at Year End * 0 1,642,383 1,642,383 ADJUSTED FUND BALANCE BEGINNING OF PERIOD $ 1,074,620 $ 2,717,003 $ 2,717,003 ENDING FUND BALANCE $ (289,662) $ 1,352,721 $ 579,507 * Beginning balance was amended due to an adjustment for 2015-16 which occurred after the Adopted Budget was prepared and prior to the completion of the CAFR. Page 34

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET vs ACTUAL MEDICAL INSURANCE TRUST FUNDS ACCOUNT DESCRIPTION ADOPTED BUDGET THROUGH VARIANCE NUMBER BUDGET 12/31/16 04/30/17 LOCAL SOURCES 348X Premiums $ 67,552,569 $ 67,552,569 $ 51,797,680 $ 15,754,889 343X Interest 109,824 109,824 99,675 10,149 TOTAL REVENUES $ 67,662,393 $ 67,662,393 $ 51,897,355 $ 15,765,038 EXPENDITURES: 111 Administrator - Base Pay $ 52,027 $ 52,027 $ 43,356 $ 8,671 161 Other Support - Base Pay 321,824 321,824 263,918 57,906 162 Other Support - Extra Duty 0 0 6,241 (6,241) 164 Other Support - Terminal Pay 0 0 9,540 (9,540) 181 EAP - Base Pay 187,227 187,227 138,805 48,422 184 EAP - Terminal Base 0 0 3,707 (3,707) 1XX SALARIES TOTAL $ 561,078 $ 561,078 $ 465,567 $ 95,511 210 Retirement $ 48,894 $ 48,894 $ 39,042 $ 9,852 220 FICA 42,922 42,922 32,608 10,314 231 Life Insurance 466 466 434 32 232 Hospitalization 77,024 77,024 57,379 19,645 241 Worker's Compensation I 3,131 3,131 2,544 587 2XX FRINGE TOTAL $ 172,437 $ 172,437 $ 132,007 $ 40,430 312 Professional and Technical $ 202,903 $ 202,903 $ 166,249 $ 36,654 331 Travel - In County 3,000 3,000 10 2,990 332 Travel - Out of County 6,000 6,000 229 5,771 333 Travel - Out of State 5,000 5,000 1,592 3,408 371 Telephone - Base 0 0 154 (154) 373 Postage 6,000 6,000 5,713 287 378 Data Communications 0 0 2,611 (2,611) 384 Water 0 0 245 (245) 391 Printing, etc. 8,000 8,000 4,112 3,888 398 Clinics - Other Purch Srvs 0 0 720,195 (720,195) 3XX PURCHASED SERVICES TOTAL $ 230,903 $ 230,903 $ 901,110 $ (670,207) Page 35