Final General Fund Budget Validations LEA : Susquenita SD Printed 6/15/ :12:19 AM. Page 4

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2017-2018 Final General Fund Budget Validations Printed 6/15/2017 10:12:19 AM Page - 1 of 1 Val Number Description Justification 5230 Expenditure Detail: 100 Salaries amount must be greater than 200 Benefits amount. For an exception, please enter a justification below. Function 1400, Object 100: $75,814.00 Function 1400, Object 200: $76,205.00 Teacher & Aide Salaries = $75,814. Benefits include health and medical insurance of $45,334, payroll taxes of $5,799, PSERS of $24,692, workers' compensation insurance of $380. 8080 Ending Fund Balance Entry and Budgetary Reserve: If 0850 Estimated Ending Unassigned Fund Balance is not equal to 0, a justification must be entered below. These funds will be used to pay future expenditures. 8150 Ending Fund Balance Entry and Budgetary Reserve: If 0830 Committed Fund Balance is not equal to 0, a justification must be entered below. Funds are committed as follows: Future PSERS costs of $8,000,000 and future retiree health care costs of $1,000,000. Page 4

2017-2018 Final General Fund Budget Estimated Revenues and Other Financing Sources: Budget Summary Printed 6/15/2017 10:12:20 AM Page - 1 of 1 ITEM AMOUNTS Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year 0810 Nonspendable Fund Balance 0820 Restricted Fund Balance 0830 Committed Fund Balance 9,000,000 0840 Assigned Fund Balance 0850 Unassigned Fund Balance 3,048,000 Total Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year $12,048,000 Estimated Revenues And Other Financing Sources 6000 Revenue from Local Sources 15,943,250 7000 Revenue from State Sources 14,984,174 8000 Revenue from Federal Sources 425,000 9000 Other Financing Sources Total Estimated Revenues And Other Financing Sources $31,352,424 Total Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation $43,400,424 Page 5

2017-2018 Final General Fund Budget Estimated Revenues and Other Financing Sources: Detail Printed 6/15/2017 10:12:20 AM Page - 1 of 1 Amount REVENUE FROM LOCAL SOURCES 6111 Current Real Estate Taxes 10,099,939 6112 Interim Real Estate Taxes 50,000 6113 Public Utility Realty Taxes 15,500 6114 Payments in Lieu of Current Taxes - State / Local 13,250 6150 Current Act 511 Taxes - Proportional Assessments 4,175,000 6400 Delinquencies on Taxes Levied / Assessed by the LEA 700,061 6500 Earnings on Investments 50,000 6700 Revenues from LEA Activities 35,000 6800 Revenues from Intermediary Sources / Pass-Through Funds 365,000 6910 Rentals 13,000 6940 Tuition from Patrons 404,000 6990 Refunds and Other Miscellaneous Revenue 22,500 REVENUE FROM LOCAL SOURCES $15,943,250 REVENUE FROM STATE SOURCES 7110 Basic Education Funding 8,068,701 7160 Tuition for Orphans Subsidy 40,000 7271 Special Education funds for School-Aged Pupils 1,418,691 7311 Pupil Transportation Subsidy 1,425,000 7320 Rental and Sinking Fund Payments / Building Reimbursement Subsidy 441,584 7330 Health Services (Medical, Dental, Nurse, Act 25) 31,500 7340 State Property Tax Reduction Allocation 755,315 7505 Ready to Learn Block Grant 321,556 7810 State Share of Social Security and Medicare Taxes 489,341 7820 State Share of Retirement Contributions 1,992,486 REVENUE FROM STATE SOURCES $14,984,174 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 8810 School-Based Access Medicaid Reimbursement Program (SBAP) Reimbursements (Access) 215,000 60,000 150,000 REVENUE FROM FEDERAL SOURCES $425,000 TOTAL ESTIMATED REVENUES AND OTHER SOURCES 31,352,424 Page 6

2017-2018 Final General Fund Budget Real Estate Tax Rate (RETR) Report AUN: 115506003 Susquenita SD Printed 6/15/2017 10:12:21 AM Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code Page - 1 of 3 Act 1 Index (current): 3.3% Calculation Method: Revenue Section 672.1 Method Choice: (a)(1) Number of Decimals For Tax Rate Calculation: 3 Approx. Tax Revenue from RE Taxes: $10,100,000 Amount of Tax Relief for Homestead Exclusions $755,315 Total Approx. Tax Revenue: $10,855,315 Approx. Tax Levy for Tax Rate Calculation: $11,499,996 Dauphin Perry Total 2016-17 Data a. Assessed Value $13,994,300 $859,107,500 $873,101,800 b. Real Estate Mills 22.8100 12.9570 I. 2017-18 Data c. 2015 STEB Market Value $21,751,430 $742,764,324 $764,515,754 d. Assessed Value $13,987,200 $861,429,600 $875,416,800 e. Assessed Value of New Constr/ Renov $0 $0 $0 2016-17 Calculations f. 2016-17 Tax Levy $319,210 $11,131,456 $11,450,666 (a * b) 2017-18 Calculations II. g. Percent of Total Market Value 2.84513% 97.15487% 100.00000% h. Rebalanced 2016-17 Tax Levy $325,786 $11,124,880 $11,450,666 (f Total * g) i. Base Mills Subject to Index 23.2799 12.9570 (h / a * 1000) if no reassessment (h / (d-e) * 1000) if reassessment Calculation of Tax Rates and Levies Generated j. Weighted Avg. Collection Percentage 94.00000% 94.00000% 94.00000% k. Tax Levy Needed $327,190 $11,172,806 $11,499,996 III. (Approx. Tax Levy * g) l. 2017-18 Real Estate Tax Rate 23.3920 12.9700 (k / d * 1000) m. Tax Levy Generated by Mills $327,189 $11,172,742 $11,499,931 (l / 1000 * d) n. Tax Levy minus Tax Relief for Homestead Exclusions $10,744,616 (m - Amount of Tax Relief for Homestead Exclusions) o. Net Tax Revenue Generated By Mills $10,099,939 (n * Est. Pct. Collection) Page 7

2017-2018 Final General Fund Budget Local Education Agency Tax Data REAL ESTATE, PER CAPITA (SEC. 679), EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511) Printed 6/15/2017 10:12:22 AM Page - 1 of 1 CODE 6111 Current Real Estate Taxes County Name Taxable Assessed Value Real Estate Mills Tax Levy Generated by Mills Amount of Tax Relief for Homestead Exclusions Tax Levy Minus Homestead Exclusions Percent Collected Dauphin 13,987,200 23.3920 327,189 94.00000% Net Tax Revenue Generated By Mills Perry 861,429,600 12.9700 11,172,742 94.00000% Totals: 875,416,800 11,499,931-755,315 = 10,744,616 X 94.00000% = 10,099,939 Rate Estimated Revenue 6120 Current Per Capita Taxes, Section 679 $0.00 0 6140 Current Act 511 Taxes Flat Rate Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue 6141 Current Act 511 Per Capita Taxes $0.00 $0.00 0 0 6142 Current Act 511 Occupation Taxes Flat Rate $0.00 $0.00 0 0 6143 Current Act 511 Local Services Taxes $0.00 $0.00 0 0 6144 Current Act 511 Trailer Taxes $0.00 $0.00 0 0 6145 Current Act 511 Business Privilege Taxes Flat Rate $0.00 $0.00 0 0 6146 Current Act 511 Mechanical Device Taxes Flat Rate $0.00 $0.00 0 0 6149 Current Act 511 Taxes, Other Flat Rate Assessments $0.00 $0.00 0 0 Total Current Act 511 Taxes Flat Rate Assessments 0 0 6150 Current Act 511 Taxes Proportional Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue 6151 Current Act 511 Earned Income Taxes 1.300% 0.000% 4,000,000 4,000,000 6152 Current Act 511 Occupation Taxes 0.000 0.000 0 0 6153 Current Act 511 Real Estate Transfer Taxes 0.500% 0.000% 175,000 175,000 6154 Current Act 511 Amusement Taxes 0.000% 0.000% 0 0 6155 Current Act 511 Business Privilege Taxes 0.000 0.000 0 0 6156 Current Act 511 Mechanical Device Taxes Percentage 0.000% 0.000% 0 0 6157 Current Act 511 Mercantile Taxes 0.000 0.000 0 0 6159 Current Act 511 Taxes, Other Proportional Assessments 0 0 0 0 Total Current Act 511 Taxes Proportional Assessments 4,175,000 4,175,000 Total Act 511, Current Taxes 4,175,000 Act 511 Tax Limit --> 764,515,754 X 12 9,174,189 Market Value Mills (511 Limit) Page 10

2017-2018 Final General Fund Budget Comparison of Tax Rate Changes to Index Printed 6/15/2017 10:12:23 AM Page - 1 of 1 Tax Functio n Description Tax Rate Charged in: Additional Tax Rate Percent Less than Charged in: Change in or equal to Index 2016-17 2017-18 2017-18 Rate Index 2016-17 (Rebalanced) (Rebalanced) Percent Change in Rate Less than or equal to Index 6111 Current Real Estate Taxes Dauphin 23.2799 23.3920 0.49% Yes 3.3% Perry 12.9570 12.9700 0.11% Yes 3.3% Current Act 511 Taxes Proportional Assessments 6151 Current Act 511 Earned Income Taxes 1.300% 1.300% 0.00% Yes 3.3% 6153 Current Act 511 Real Estate Transfer Taxes 0.500% 0.500% 0.00% Yes 3.3% Page 11

2017-2018 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Budget Summary Printed 6/15/2017 10:12:23 AM Page - 1 of 1 Description Amount 1000 Instruction 1100 Regular Programs - Elementary / Secondary 12,700,533 1200 Special Programs - Elementary / Secondary 4,931,185 1300 Vocational Education 1,123,331 1400 Other Instructional Programs - Elementary / Secondary 221,370 1700 Higher Education Programs 148,000 Total Instruction $19,124,419 2000 Support Services 2100 Support Services - Students 849,890 2200 Support Services - Instructional Staff 1,339,075 2300 Support Services - Administration 2,194,352 2400 Support Services - Pupil Health 287,931 2500 Support Services - Business 348,557 2600 Operation and Maintenance of Plant Services 2,636,995 2700 Student Transportation Services 1,844,000 2900 Other Support Services 16,000 Total Support Services $9,516,800 3000 Operation of Non-Instructional Services 3200 Student Activities 533,132 Total Operation of Non-Instructional Services $533,132 5000 Other Expenditures and Financing Uses 5100 Debt Service / Other Expenditures and Financing Uses 3,191,335 5200 Interfund Transfers - Out 80,000 Total Other Expenditures and Financing Uses $3,271,335 Total Estimated Expenditures and Other Financing Uses $32,445,686 Page 12

2017-2018 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Detail Printed 6/15/2017 10:12:24 AM Page - 1 of 3 Description Amount 1000 Instruction 1100 Regular Programs - Elementary / Secondary 100 Personnel Services - Salaries 6,357,522 200 Personnel Services - Employee Benefits 4,384,277 300 Purchased Professional and Technical Services 77,500 400 Purchased Property Services 33,113 500 Other Purchased Services 929,082 600 Supplies 549,482 700 Property 344,565 800 Other Objects 24,992 Total Regular Programs - Elementary / Secondary $12,700,533 1200 Special Programs - Elementary / Secondary 100 Personnel Services - Salaries 2,162,237 200 Personnel Services - Employee Benefits 1,252,453 300 Purchased Professional and Technical Services 391,220 400 Purchased Property Services 1,975 500 Other Purchased Services 1,058,400 600 Supplies 53,550 700 Property 10,600 800 Other Objects 750 Total Special Programs - Elementary / Secondary $4,931,185 1300 Vocational Education 100 Personnel Services - Salaries 350,626 200 Personnel Services - Employee Benefits 253,271 400 Purchased Property Services 5,086 500 Other Purchased Services 464,400 600 Supplies 44,651 700 Property 5,297 Total Vocational Education $1,123,331 1400 Other Instructional Programs - Elementary / Secondary 100 Personnel Services - Salaries 75,814 200 Personnel Services - Employee Benefits 76,205 300 Purchased Professional and Technical Services 12,400 500 Other Purchased Services 56,200 600 Supplies 751 Total Other Instructional Programs - Elementary / Secondary $221,370 1700 Higher Education Programs 500 Other Purchased Services 148,000 Total Higher Education Programs $148,000 Total Instruction $19,124,419 2000 Support Services 2100 Support Services - Students 100 Personnel Services - Salaries 440,669 200 Personnel Services - Employee Benefits 335,586 Page 13

2017-2018 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Detail LEA : 115506003 Description Susquenita SD Printed 6/15/2017 10:12:24 AM 300 Purchased Professional and Technical Services 44,410 400 Purchased Property Services 1,775 500 Other Purchased Services 11,040 600 Supplies 13,903 700 Property 693 800 Other Objects 1,814 Total Support Services - Students $849,890 2200 Support Services - Instructional Staff 100 Personnel Services - Salaries 547,545 200 Personnel Services - Employee Benefits 333,919 300 Purchased Professional and Technical Services 140,040 400 Purchased Property Services 17,800 500 Other Purchased Services 6,500 600 Supplies 106,948 700 Property 183,749 800 Other Objects 2,574 Total Support Services - Instructional Staff $1,339,075 2300 Support Services - Administration 100 Personnel Services - Salaries 1,035,807 200 Personnel Services - Employee Benefits 789,755 300 Purchased Professional and Technical Services 211,700 400 Purchased Property Services 8,200 500 Other Purchased Services 65,560 600 Supplies 29,140 700 Property 10,775 800 Other Objects 43,415 Total Support Services - Administration $2,194,352 2400 Support Services - Pupil Health 100 Personnel Services - Salaries 162,412 200 Personnel Services - Employee Benefits 113,694 300 Purchased Professional and Technical Services 4,000 500 Other Purchased Services 90 600 Supplies 7,535 800 Other Objects 200 Total Support Services - Pupil Health $287,931 2500 Support Services - Business 100 Personnel Services - Salaries 187,951 200 Personnel Services - Employee Benefits 99,206 300 Purchased Professional and Technical Services 35,000 400 Purchased Property Services 11,400 500 Other Purchased Services 8,500 600 Supplies 1,750 800 Other Objects 4,750 Total Support Services - Business $348,557 2600 Operation and Maintenance of Plant Services Page 14 Page - 2 of 3 Amount

2017-2018 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Detail LEA : 115506003 Description Susquenita SD Printed 6/15/2017 10:12:24 AM 100 Personnel Services - Salaries 774,670 200 Personnel Services - Employee Benefits 677,387 300 Purchased Professional and Technical Services 140,627 400 Purchased Property Services 340,832 500 Other Purchased Services 113,500 600 Supplies 514,300 700 Property 75,179 800 Other Objects 500 Total Operation and Maintenance of Plant Services $2,636,995 2700 Student Transportation Services 500 Other Purchased Services 1,844,000 Total Student Transportation Services $1,844,000 2900 Other Support Services 500 Other Purchased Services 16,000 Total Other Support Services $16,000 Total Support Services $9,516,800 3000 Operation of Non-Instructional Services 3200 Student Activities 100 Personnel Services - Salaries 230,516 200 Personnel Services - Employee Benefits 93,866 300 Purchased Professional and Technical Services 80,050 400 Purchased Property Services 2,500 500 Other Purchased Services 42,050 600 Supplies 70,150 700 Property 12,500 800 Other Objects 1,500 Total Student Activities $533,132 Total Operation of Non-Instructional Services $533,132 5000 Other Expenditures and Financing Uses 5100 Debt Service / Other Expenditures and Financing Uses 800 Other Objects 424,217 900 Other Uses of Funds 2,767,118 Total Debt Service / Other Expenditures and Financing Uses $3,191,335 5200 Interfund Transfers - Out 900 Other Uses of Funds 80,000 Total Interfund Transfers - Out $80,000 Total Other Expenditures and Financing Uses $3,271,335 TOTAL EXPENDITURES $32,445,686 Page - 3 of 3 Amount Page 15

2017-2018 Final General Fund Budget Schedule Of Cash And Investments (CAIN) Printed 6/15/2017 10:12:24 AM Page - 1 of 2 Cash and Short-Term Investments 06/30/2017 Estimate 06/30/2018 Projection General Fund 12,000,000 10,500,000 Public Purpose (Expendable) Trust Fund Other Comptroller-Approved Special Revenue Funds Athletic / School-Sponsored Extra Curricular Activities Fund Capital Reserve Fund - 690, 1850 Capital Reserve Fund - 1431 4,000,000 3,000,000 Other Capital Projects Fund Debt Service Fund Food Service / Cafeteria Operations Fund 160,000 135,000 Child Care Operations Fund Other Enterprise Funds Internal Service Fund Private Purpose Trust Fund 1,800 1,800 Investment Trust Fund Pension Trust Fund Activity Fund 140,000 140,000 Other Agency Fund Permanent Fund Total Cash and Short-Term Investments $16,301,800 $13,776,800 Long-Term Investments 06/30/2017 Estimate 06/30/2018 Projection General Fund Public Purpose (Expendable) Trust Fund Other Comptroller-Approved Special Revenue Funds Athletic / School-Sponsored Extra Curricular Activities Fund Capital Reserve Fund - 690, 1850 Capital Reserve Fund - 1431 Other Capital Projects Fund Debt Service Fund Food Service / Cafeteria Operations Fund Child Care Operations Fund Other Enterprise Funds Internal Service Fund Private Purpose Trust Fund Investment Trust Fund Pension Trust Fund Activity Fund Other Agency Fund Page 16

2017-2018 Final General Fund Budget Schedule Of Cash And Investments (CAIN) Printed 6/15/2017 10:12:24 AM Page - 2 of 2 Long-Term Investments 06/30/2017 Estimate 06/30/2018 Projection Permanent Fund Total Long-Term Investments TOTAL CASH AND INVESTMENTS $16,301,800 $13,776,800 Page 17

2017-2018 Final General Fund Budget Schedule Of Indebtedness (DEBT) Printed 6/15/2017 10:12:24 AM Page - 1 of 6 Long-Term Indebtedness 06/30/2017 Estimate 06/30/2018 Projection General Fund 16,975,000 14,520,000 1,332,000 1,019,883 1,068,121 1,050,000 Total General Fund $19,375,121 $16,589,883 Public Purpose (Expendable) Trust Fund Total Public Purpose (Expendable) Trust Fund Other Comptroller-Approved Special Revenue Funds Total Other Comptroller-Approved Special Revenue Funds Athletic / School-Sponsored Extra Curricular Activities Fund Total Athletic / School-Sponsored Extra Curricular Activities Fund Capital Reserve Fund - 690, 1850 Page 18

2017-2018 Final General Fund Budget Schedule Of Indebtedness (DEBT) Printed 6/15/2017 10:12:24 AM Page - 2 of 6 Long-Term Indebtedness 06/30/2017 Estimate 06/30/2018 Projection Total Capital Reserve Fund - 690, 1850 Capital Reserve Fund - 1431 Total Capital Reserve Fund - 1431 Other Capital Projects Fund Total Other Capital Projects Fund Debt Service Fund Total Debt Service Fund Food Service / Cafeteria Operations Fund 3,700 3,700 Page 19

2017-2018 Final General Fund Budget Schedule Of Indebtedness (DEBT) Printed 6/15/2017 10:12:24 AM Page - 3 of 6 Long-Term Indebtedness 06/30/2017 Estimate 06/30/2018 Projection Total Food Service / Cafeteria Operations Fund $3,700 $3,700 Child Care Operations Fund Total Child Care Operations Fund Other Enterprise Funds Total Other Enterprise Funds Internal Service Fund Total Internal Service Fund Private Purpose Trust Fund Total Private Purpose Trust Fund Page 20

2017-2018 Final General Fund Budget Schedule Of Indebtedness (DEBT) Printed 6/15/2017 10:12:24 AM Page - 4 of 6 Long-Term Indebtedness 06/30/2017 Estimate 06/30/2018 Projection Investment Trust Fund Total Investment Trust Fund Pension Trust Fund Total Pension Trust Fund Activity Fund Total Activity Fund Other Agency Fund Total Other Agency Fund Permanent Fund Page 21

2017-2018 Final General Fund Budget Schedule Of Indebtedness (DEBT) Printed 6/15/2017 10:12:24 AM Page - 5 of 6 Long-Term Indebtedness 06/30/2017 Estimate 06/30/2018 Projection Total Permanent Fund Total Long-Term Indebtedness $19,378,821 $16,593,583 Page 22

2017-2018 Final General Fund Budget Schedule Of Indebtedness (DEBT) Printed 6/15/2017 10:12:24 AM Page - 6 of 6 Short-Term Payables 06/30/2017 Estimate 06/30/2018 Projection General Fund Public Purpose (Expendable) Trust Fund Other Comptroller-Approved Special Revenue Funds Athletic / School-Sponsored Extra Curricular Activities Fund Capital Reserve Fund - 690, 1850 Capital Reserve Fund - 1431 Other Capital Projects Fund Debt Service Fund Food Service / Cafeteria Operations Fund 2,000 2,000 Child Care Operations Fund Other Enterprise Funds Internal Service Fund Private Purpose Trust Fund Investment Trust Fund Pension Trust Fund Activity Fund Other Agency Fund Permanent Fund Total Short-Term Payables $2,000 $2,000 TOTAL INDEBTEDNESS $19,380,821 $16,595,583 Page 23

2017-2018 Final General Fund Budget Fund Balance Summary (FBS) Printed 6/15/2017 10:12:25 AM Page - 1 of 1 Account Description Amounts 0810 Nonspendable Fund Balance 0820 Restricted Fund Balance 0830 Committed Fund Balance 9,000,000 0840 Assigned Fund Balance 0850 Unassigned Fund Balance 1,954,738 Total Ending Fund Balance - Committed, Assigned, and Unassigned $10,954,738 5900 Budgetary Reserve Total Estimated Ending Committed, Assigned, and Unassigned Fund Balance and Budgetary Reserve $10,954,738 Page 24