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Harford County Public Schools 102 S. Hickory Avenue Bel Air, MD 21014 410-838-7300 Fax 410-893-2478 Robert M. Tomback, Ph.D., Superintendent of Schools Memorandum To: Superintendent Board of Education Audit Committee James M. Jewell, CPA Assistant Superintendent for Business Services Direct Dial 410-588-5321 Fax 410-588-5309 From: CC: James M. Jewell Jay Staab Jennifer Birkelien Edward Fields Date: May 1, 2012 Subject: Financial Report for the Period Ending March 31, 2012 Contents Transmittal Memo Page 1 Unrestricted Fund Executive Summary (Unaudited) Page A-1 Statement of Revenues, Expenditures and Changes in Fund Balance with Supporting Schedules A, B, C, and D (Unaudited) Page B-1 Statement of Program Budget Page C-1 Statement of Budget Manager Expenditures Budget and Actual Page D-1 Statement of School Allocation Expenditures Budget and Actual Page E-1 Statement of Revenues, Expenditures, and Changes in Fund Balance - Food Services Fund (Unaudited) Page F-1 Capital Projects Balances (Unaudited) Page G-1 Introduction Attached is the financial report for the Unrestricted Fund (Executive Summary, Schedules A, B, C, and D) for the period ending March 31, 2012. The report presents the Statement of Revenues, Expenditures and Changes in Fund Balance for the period ending March 31, 2012 and is not audited. The Executive Summary adds a column, "% to Total Actual," in order to show the relative value of each revenue or expenditure line to the actual year-to-date revenues or expenditures. Also included for the same period are the Statement of School Allocation Expenditures Budget and Actual, the Statement of Revenues, Expenditures, and Changes in Fund Balance for Food Services, and a list of Capital Projects balances as of March 31, 2012. These statements are prepared on the budgetary basis. Budgetary basis statements include open purchase orders charged against the appropriation amounts for that year as legal obligations. Other expenditures made on behalf of the Board,

Financial Report Period Ending March 31, 2012 May 1, 2012 Page 2 of 7 including the contribution to the State Teachers Pension Fund for example, are excluded. Under generally accepted accounting principles (GAAP), encumbrances are excluded and on-behalf payments are included; therefore these statements are non-gaap. The column "% Actual Year-to-Date to Budget" may be used as a barometer in your review of these statements. As this report comprises activity for the first nine months, the range of budgeted amounts received or expended should be about 75%. Methods of Projection Several expenditure projection methods are employed in this process. Generally, revenues are simply extrapolated to year-end. Wages are projected based on the most current payroll actual amount paid divided by that number of pays and extrapolated out to the remaining number of pay periods. To the extent that unique circumstances may apply to a specific wage line item, those circumstances are factored into the projection. As an example, coaches pay occurs just three times a year. Given that the Instructional Salaries category, which is all wages, represents almost 40% of the budget, it is clear that significant emphasis is directed toward salary projections. For those line items where control can be exercised over the total annual spending, the projection method used is to annualize the amount expended to date through the end of the year but to cap the expenditures at the budget amount. In many cases, the annualized amount will be less than budget, in which case, the variance is recognized. This method is used for all objects of expenditure (except wages) in the categories Administration, Mid-level Administration, Textbooks, Other Instructional Costs, Student Personnel Services, Student Health Services, and Capital Outlay. Some accounts, such as utilities and fuel, cannot be managed to budget in the same way because of the volatility of the market. In these cases, we annualize the amount expended to date but do not cap the upper limit to the budgeted amount. In these cases, the variances are recognized in the projection even if negative. This method is used for all objects of expenditure (except wages) in the categories of Student Transportation, Operation of Plant, Maintenance of Plant, Fixed Charges (except those identified as a percentage of wages), and Community Services. To the extent possible, certain key high value accounts are analyzed by the budget office and compared with prior year trends after which a projection is made. This method is used for the Fixed Charges and Special Education category accounts in particular. The closer we get to year-end, the more accurate the projections will be. It is important, however, to note that the projections are never 100% accurate but are calculated in order to alert the Board, Superintendent and staff to potential fiscal problems. Analysis Revenues Unrestricted Fund Overall, total revenue is within expectation at 81.7% of the amount projected for the year. Included within the revenue received from the County is almost $1.4 million for the one-time bonus paid to HCPS non-hcea employees, which was authorized and funded by the County, but not budgeted as of March 31. Interest revenue continues to fall well short of expectations as excess cash is generally obtaining extraordinary low interest rates. Other revenue is substantially over budget. Included in Other revenue are tuition, facility rental, e-rate rebates, Medicare Part D subsidies, insurance dividends, and settlement payments from health and dental insurance carriers. A significant portion of Other revenue is a payment to HCPS for Medicare Part D subsidies in the amount of $1,000,008. Medicare Part D subsidies and insurance settlements are one-time revenues that are not budgeted due to uncertainty of receipt each year.

Financial Report Period Ending March 31, 2012 May 1, 2012 Page 3 of 7 Also included within Other revenue are funds received from other Maryland school districts as reimbursement for out-ofcounty students attending a HCPS school. To date, only 7.71% of budgeted revenue is received, which is expected at this time in the fiscal year. Invoicing and reimbursement from other districts will occur during May July. 175% 150% 125% 100% 75% 50% 25% 0% Harford County Public Schools Comparative Revenue - Unrestricted Fund Balances as of March 31 Local State Federal Other Interest Prior Years' Fund Balance FY12 FY11 FY10 FY09 FY08 Expenditures Expenditures in all categories are within expectations and total 72.63% of the appropriation. The most volatile of the accounts, special education, utilities, and fuel, will continue to be monitored. 100% Harford County Public Schools Comparative Expenditures- Unrestricted Fund Balances as of March 31 75% 50% 25% 0% FY12 FY11 FY10 FY09 FY08

Financial Report Period Ending March 31, 2012 May 1, 2012 Page 4 of 7 Health Insurance Loss Ratio The loss ratio from CareFirst is a measure of claims against premiums paid for our self-insured health benefits program. The loss ratio does not measure the self-insured HMO program s performance. Loss ratio is a good indicator of whether the estimated premium will be adequate to cover costs or if additional premium payments, a call, will be necessary. Generally, a target loss ratio of 85% allows enough margin to cover additional administrative expenses and avoid a call. Keep in mind that the plan year is coincident with the fiscal year, which is when premium payments change. That change is based upon projections for future health costs and is somewhat predicated on the claims experience from the preceding calendar year. The chart below tracks the loss ratio for three periods of time, the quarter, the calendar year (CY), and the fiscal year (FY). Fiscal year claims experience for the first quarter of this was 96.94%, 81.46% during the second quarter and 96.72% during the third quarter; the resulting nine-month average is 91.65%, which is above the 85% target, but consistent with third-quarter loss ratios during prior years. The loss ratio at March 2012 is a slight understatement of the overall ratio because it does not reflect the addition of CareFirst administrative charge for claims adjudication and health management. In order to protect HCPS from unusually high claims within a plan year, HCPS purchases stoploss insurance on individual claims that exceed $300,000 during the plan year and aggregate claims in excess of 125% of estimates. 105.00% Harford County Public Schools Heath Care Loss Ratio As of March 31, 2012 100.00% 95.00% 90.00% 85.00% 80.00% 75.00% Quarter Loss Ratio CY Loss Ratio FY Loss Ratio Target Fund Balance The fund balance is presented in the Projected to Year-End column providing a projection for the year-end. Typically, at the start of the school year spending is relatively low (19% of budget during the first quarter of this fiscal year and 47.4% for the second quarter), but the rate of spending increases with classes in session. HCPS has expended just over 72% of the budget in the first three quarters of the year, which is consistent with past years spending levels; historically, by year-end about 99.5% will be spent. An amount of $5,000,000 is assigned by the Superintendent in the proposed FY2013 budget and is included in the fund balance calculation.

5B Financial Report Period Ending March 31, 2012 May 1, 2012 Page 5 of 7 Statement of Budget Manager Expenditures This report provides the program view of expenditures, which is consistent with the budgeting system used by HCPS, and is different from the categorical view required by the State. Cases of high levels of expenditures, by percentage of budget, are the result of payments for annual contracts made early in the fiscal year. Within the report, there is a negative number shown for the Supervisor of Business & Technology Education that represents a credit to the Unrestricted Fund account. The credit is a result of expenditures for equipment that were incurred and charged to the Unrestricted Fund during FY 2011 but were subsequently transferred to a grant account during FY 2012. The Statement of School Allocation Expenditures This report lists each school or central office account receiving allocations. To provide historical context, percentage spent comparisons are shown for the same period for the prior years. When reviewing the comparisons, it is important to consider that school leadership may have changed over time. As mentioned in the past, principals have different philosophies about expending allocated funds. Some hold funds until near the end of the year; others spend earlier in the year. Neither is wrong, our goal is to assure that the funds are spent without being overspent by year-end. This report is provided to the Executive Directors of Elementary, Middle, and High School Performance on a regular basis and is used as part of the evaluation process for building administrators. As a total of the amount allocated, spending is slightly lower than in past years. This may be a product of budget reductions made in prior years. Building administrators are responsible for spending as close to all of the school allocation as possible without overspending. Food Services Fund The Food Services Fund is a self-supporting special revenue fund that does not receive any Unrestricted Fund support for its daily operations. However, during the third quarter, $189,811 was received from the County for the one-time bonus paid to all HCPS Food Services employees, which was authorized and funded by the County. This amount is listed on the attached Food Services Fund Statement of Revenues, Expenditures and Changes in Fund Balance as County Non Recurring revenue. Overall, revenues as a percent of budget are consistent with prior years. 160% Harford County Public Schools Food Services Fund Revenues As of March 31 140% 120% 100% 80% 60% 40% 20% 0% Cafeteria Sales Federal Aid State Aid Interest Earned FY12 FY11 FY10 FY09 FY08

Financial Report Period Ending March 31, 2012 May 1, 2012 Page 6 of 7 Overall, Food Services expenditures during the first nine months of the fiscal year were at 78.7% of budget. Expenditures for Contracted Services for FY 2012 were 77.22% of budget for the first nine months, which is lower than in prior years. In prior years, the budgeted amount was too low and a correction was made in the FY 2012 budget. Contracted Services consists of the administrative fees for the parents pre-paid food account for student meals. During the first nine months of the fiscal year, Furniture and Equipment expenditures were 153.92% of budget. The majority of furniture and equipment expenditures are for anticipated replacement items purchased during the summer months while classes are not in session. Additionally, when equipment unexpectedly breaks it must be replaced as quickly as possible. 180.00% Harford County Public Schools Food Services Fund Expenditures As of March 31 160.00% 140.00% 120.00% 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% Salaries and Wages Contracted Services Supplies and Materials Other Charges FY12 FY11 FY10 FY09 FY08 Furniture and Equipment

Financial Report Period Ending March 31, 2012 May 1, 2012 Page 7 of 7 Capital Projects Fund Capital Projects Balances as of March 31, 2012 are reported for all open projects. These are listed alphabetically by project name. 100.0% Harford County Public Schools Capital Projects Fund Balances as of March 31, 2012 6.3% 1.8% 75.0% 50.0% 91.9% 25.0% 0.0% Spent Encumbered Balance Unspent JMJ:MJP Attachments

Executive Summary CURRENT EXPENSE FUND - UNRESTRICTED, BUDGETARY BASIS (NON-GAAP) STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE PERIOD ENDED MARCH 31, 2012 (unaudited) Budget Year-to-Date Balance % Year-to- Date to Budget % to Total Projected to Year End Projected Surplus (Deficit) Revenues Local 214,291,627 167,150,717 47,140,910 78.00% 47.71% 215,682,344 1,390,717 State 201,731,181 168,404,077 33,327,104 83.48% 48.07% 201,731,181 - Federal 650,000 407,202 242,798 62.65% 0.12% 650,000 - Other 3,524,966 5,810,386 (2,285,420) 164.84% 1.66% 4,574,255 1,049,289 Interest 40,000 16,385 23,615 40.96% 0.00% 20,154 (19,846) Prior Years' Fund Balance 8,553,443 8,553,443-100.00% 2.44% 8,553,443 - Total Revenues 428,791,217 350,342,210 78,449,007 81.70% 100.00% 431,211,376 2,420,159 Expenditures Administration 11,339,841 8,355,229 2,984,612 73.68% 2.68% 10,874,423 465,418 Mid-Level Administration 25,560,814 18,963,602 6,597,212 74.19% 6.09% 25,054,245 506,569 Instructional Salaries 164,129,127 117,119,948 47,009,179 71.36% 37.61% 163,674,344 454,783 Textbooks 7,959,288 5,694,061 2,265,227 71.54% 1.83% 7,720,509 238,779 Other Instructional Costs 3,089,001 1,690,964 1,398,037 54.74% 0.54% 2,916,663 172,338 Special Education 40,674,641 29,408,397 11,266,244 72.30% 9.44% 40,067,918 606,723 Student Personnel Services 1,625,336 1,246,558 378,778 76.70% 0.40% 1,625,063 273 Student Health Services 3,348,164 2,397,365 950,799 71.60% 0.77% 3,309,040 39,124 Student Transportation 30,929,541 23,010,481 7,919,060 74.40% 7.39% 30,401,786 527,755 Operation of Plant 29,454,477 21,380,161 8,074,316 72.59% 6.86% 29,262,709 191,768 Maintenance of Plant 12,595,972 9,362,060 3,233,912 74.33% 3.01% 12,341,877 254,095 Fixed Charges 97,187,307 72,217,904 24,969,403 74.31% 23.19% 93,753,413 3,433,894 Community Services 520,473 271,206 249,267 52.11% 0.09% 434,548 85,925 Capital Outlay 377,235 327,415 49,820 86.79% 0.11% 371,435 5,800 Total Expenditures 428,791,217 311,445,351 117,345,866 72.63% 100.00% 421,807,975 6,983,242 Excess (Deficit) of Revenues Over Expenditures 9,403,401 Transfer to Health Rate Stabilization Fund (350,000) Excess of Revenues over Expenditures and Operating Transfer 9,053,401 Total Fund Balance at July 1, 2011 16,789,638 Assigned Fund Balance for FY 2012 (8,553,443) Projected Fund Balance March 31, 2012 17,289,596 Assigned Fund Balance at March 31, 2012 Assigned for Health Call 1,225,166 Assigned for Energy and Fuel 915,000 Assigned for OPEB Liability 2,881,878 Assigned for FY 2013 5,000,000 Projected Unassigned Fund Balance 7,267,552 5/1/2012 Prepared by Division of Business Services Page A-1

CURRENT EXPENSE FUND - UNRESTRICTED, BUDGETARY BASIS (NON-GAAP) STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE PERIOD ENDED MARCH 31, 2012 (unaudited) YEAR END ACTUAL % ACTUAL PROJECTED PROJECTED AMENDED YEAR YEAR-TO-DATE TO SURPLUS BUDGET TO-DATE BALANCE TO BUDGET YEAR-END (DEFICIT) Schedule A REVENUE COUNTY County (Includes Capital Outlay) 214,291,627 165,760,000 48,531,627 77.35% 214,291,627 - County (Non-recurring) - 1,390,717 (1,390,717) na 1,390,717 1,390,717 TOTAL COUNTY 214,291,627 167,150,717 47,140,910 78.00% 215,682,344 1,390,717 STATE Basic Aid 175,211,073 146,004,143 29,206,930 83.33% 175,211,073 - Transportation 11,858,771 9,882,309 1,976,462 83.33% 11,858,771 - Special Education 12,645,402 11,122,025 1,523,377 87.95% 12,645,402 - Limited English Prof. 1,674,720 1,395,600 279,120 83.33% 1,674,720 - Other 341,215-341,215 0.00% 341,215 - TOTAL STATE 201,731,181 168,404,077 33,327,104 83.48% 201,731,181 - FEDERAL Impact Aid 650,000 407,202 242,798 62.65% 650,000 - OTHER Tuition, Fees, etc. Tuition 280,000 204,662 75,338 73.09% 280,000 - Out of County LEAs 450,000 34,704 415,296 7.71% 300,000 (150,000) Transportation Fees 180,000 108,710 71,290 60.39% 135,888 (44,113) Rental of Facilities 412,000 227,713 184,287 55.27% 318,798 (93,202) Total Tuition, Fees, etc. 1,322,000 575,789 746,211 43.55% 1,034,686 (287,314) Interscholastic Receipts 353,000 292,101 60,899 82.75% 353,000 - Donations. Gifts, Awards 20,458 4,738 15,720 23.16% 10,000 (10,458) e Rate Rebate 600,000 387,900 212,100 64.65% 484,875 (115,125) Sale of Equipment/Scrap 30,000 24,224 5,776 80.75% 30,000 - Criminal Background 50,000 29,760 20,240 59.52% 32,736 (17,264) Settlements Health & Dental - 612,299 (612,299) na 612,299 612,299 Other Miscellaneous 1,149,508 1,991,589 (842,081) 173.26% 2,051,337 901,829 Medciare Part D Subsidy - 1,000,008 (1,000,008) na 1,000,008 1,000,008 ERRP Subsidy - 891,978 (891,978) na 891,978 891,978 TOTAL OTHER 3,524,966 5,810,386 (2,285,420) 164.84% 4,574,255 1,049,289 Interest 40,000 16,385 23,615 40.96% 20,154 (19,846) Prior Years' Fund Balance 8,553,443 8,553,443-100.00% 8,553,443 - TOTAL REVENUE 428,791,217 350,342,210 78,449,007 81.70% 431,211,376 2,420,159 EXPENDITURES Administration 11,339,841 8,355,229 2,984,612 73.68% 10,874,423 465,418 Mid-Level Administration 25,560,814 18,963,602 6,597,212 74.19% 25,054,245 506,569 Instructional Salaries 164,129,127 117,119,948 47,009,179 71.36% 163,674,344 454,783 Textbooks 7,959,288 5,694,061 2,265,227 71.54% 7,720,509 238,779 Other Instructional Costs 3,089,001 1,690,964 1,398,037 54.74% 2,916,663 172,338 Special Education 40,674,641 29,408,397 11,266,244 72.30% 40,067,918 606,723 Student Personnel Services 1,625,336 1,246,558 378,778 76.70% 1,625,063 273 Student Health Services 3,348,164 2,397,365 950,799 71.60% 3,309,040 39,124 Student Transportation 30,929,541 23,010,481 7,919,060 74.40% 30,401,786 527,755 Operation of Plant 29,454,477 21,380,161 8,074,316 72.59% 29,262,709 191,768 Maintenance of Plant 12,595,972 9,362,060 3,233,912 74.33% 12,341,877 254,095 Fixed Charges 97,187,307 72,217,904 24,969,403 74.31% 93,753,413 3,433,894 Community Services 520,473 271,206 249,267 52.11% 434,548 85,925 Capital Outlay 377,235 327,415 49,820 86.79% 371,435 5,800 Total 428,791,217 311,445,351 117,345,866 72.63% 421,807,975 6,983,242 Excess (Deficit) of Revenues Over Expenditures 9,403,401 Transfer to Health Rate Stabilization Fund (350,000) Excess of Revenues over Expenditures and Operating Transfer 9,053,401 Total Fund Balance at July 1, 2011 16,789,638 Assigned Fund Balance for FY 2012 (8,553,443) Projected Fund Balance March 31, 2012 17,289,596 Assigned Fund Balance at March 31, 2012 Assigned for Health Call 1,225,166 Assigned for Energy and Fuel 915,000 Assigned for OPEB Liability 2,881,878 Assigned for FY 2013 5,000,000 Projected Unassigned Fund Balance 7,267,552 5/1/2012 Prepared by the Division of Business Services Page B-1

CURRENT EXPENSE FUND - UNRESTRICTED, BUDGETARY BASIS (NON-GAAP) STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE PERIOD ENDED MARCH 31, 2012 (unaudited) YEAR END ACTUAL % ACTUAL PROJECTED PROJECTED AMENDED YEAR YEAR-TO-DATE TO SURPLUS BUDGET TO-DATE BALANCE TO BUDGET YEAR-END (DEFICIT) Schedule B CATEGORY AND OBJECT SUMMARY SCHEDULE ADMINISTRATION: Salaries and Wages 8,879,738 6,619,320 2,260,418 74.54% 8,641,285 238,453 Contracted Services 1,868,498 1,570,370 298,128 84.04% 1,719,018 149,480 Supplies and Materials 387,576 202,035 185,541 52.13% 375,949 11,627 Other Charges 399,692 236,673 163,019 59.21% 387,701 11,991 Equipment 269,337 114,689 154,648 42.58% 215,470 53,867 Indirect Cost Recovery (465,000) (387,858) (77,142) 83.41% (465,000) - TOTAL 11,339,841 8,355,229 2,984,612 73.68% 10,874,423 465,418 MID-LEVEL ADMINISTRATION: Salaries and Wages 24,698,432 18,540,736 6,157,696 75.07% 24,276,250 422,182 Contracted Services 96,900 40,157 56,743 41.44% 82,365 14,535 Supplies and Materials 514,457 238,616 275,841 46.38% 463,011 51,446 Other Charges 167,320 98,588 68,732 58.92% 150,588 16,732 Equipment 83,705 45,505 38,200 54.36% 82,031 1,674 TOTAL 25,560,814 18,963,602 6,597,212 74.19% 25,054,245 506,569 INSTRUCTIONAL SALARIES Salaries and Wages 164,129,127 117,119,948 47,009,179 71.36% 163,674,344 454,783 TEXTBOOKS Supplies and Materials 7,959,288 5,694,061 2,265,227 71.54% 7,720,509 238,779 OTHER INSTRUCTIONAL COSTS Contracted Services 1,465,714 1,029,214 436,500 70.22% 1,407,085 58,629 Supplies and Materials - - - - - - Other Charges 403,832 200,711 203,121 49.70% 387,679 16,153 Equipment 1,219,455 461,039 758,416 37.81% 1,121,899 97,556 TOTAL 3,089,001 1,690,964 1,398,037 54.74% 2,916,663 172,338 SPECIAL EDUCATION: Salaries and Wages 31,719,617 23,003,368 8,716,249 72.52% 31,451,900 267,717 Contracted Services 8,367,303 6,097,448 2,269,855 72.87% 8,047,871 319,432 Supplies and Materials 355,359 149,329 206,030 42.02% 351,805 3,554 Other Charges 144,876 109,736 35,140 75.74% 141,978 2,898 Equipment 87,486 48,516 38,970 55.46% 74,363 13,123 TOTAL 40,674,641 29,408,397 11,266,244 72.30% 40,067,918 606,723 STUDENT PERSONNEL SERVICES: Salaries and Wages 1,567,993 1,213,929 354,064 77.42% 1,571,461 (3,468) Contracted Services 32,650 16,309 16,341 49.95% 31,018 1,633 Supplies and Materials 13,425 10,826 2,599 80.64% 12,620 806 Other Charges 6,310 2,612 3,698 41.39% 6,247 63 Equipment 4,958 2,882 2,076 58.13% 3,719 1,240 - TOTAL 1,625,336 1,246,558 378,778 76.70% 1,625,063 273 STUDENT HEALTH SERVICES: Salaries and Wages 3,135,321 2,269,860 865,461 72.40% 3,133,128 2,193 Contracted Services 14,613-14,613 0.00% 4,092 10,521 Supplies and Materials 157,403 120,654 36,749 76.65% 149,533 7,870 Other Charges 10,413 3,175 7,238 30.49% 7,081 3,332 Equipment 30,414 3,676 26,738 12.09% 15,207 15,207 TOTAL 3,348,164 2,397,365 950,799 71.60% 3,309,040 39,124 STUDENT TRANSPORTATION: Salaries and Wages 6,037,084 4,646,515 1,390,569 76.97% 6,027,278 9,806 Contracted Services 23,637,442 17,341,661 6,295,781 73.37% 23,137,442 500,000 Supplies and Materials 1,124,250 999,004 125,246 88.86% 1,109,635 14,615 Other Charges 123,265 19,584 103,681 15.89% 120,307 2,958 Equipment 7,500 3,717 3,783 49.56% 7,125 375 TOTAL 30,929,541 23,010,481 7,919,060 74.40% 30,401,786 527,755 5/1/2012 Prepared by the Division of Business Services Page B-2

UNRESTRICTED FUND, BUDGETARY BASIS (NON-GAAP) STATEMENT OF PROGRAM BUDGET FOR THE PERIOD ENDED MARCH 31, 2012 (unaudited) FY 2012 Amended Budget Actual Year-to-Date % Spent Board of Education 233,330 182,390 78.17% Legal 207,246 154,655 74.62% Internal Audit 154,567 122,930 79.53% Board of Education 595,143 459,975 77.29% Executive Administration Office 1,248,264 933,455 74.78% Community Engagement 209,372 154,368 73.73% Communications 488,394 306,478 62.75% Executive Administration Office 1,946,030 1,394,301 71.65% Office of Education Services 1,627,413 1,030,007 63.29% Regular Programs 156,190,502 112,923,668 72.30% Career and Technology Programs 8,765,209 6,186,986 70.59% School Library Media Program 6,850,227 5,151,528 75.20% Gifted and Talented Program 1,618,508 1,041,683 64.36% Intervention Services 1,932,888 1,305,281 67.53% Magnet and Signature Programs 1,932,122 1,046,617 54.17% Summer School 772,558 657,409 85.10% Other Special Programs 2,814,052 1,952,814 69.40% Education Services 182,503,479 131,295,993 71.94% Special Education 40,598,873 29,351,359 72.30% Student Activities 857,915 232,185 27.06% Interscholastics Athletics 2,762,482 1,863,676 67.46% Extra-Curricular Activities 3,620,397 2,095,861 57.89% Safety and Security 1,104,709 598,407 54.17% School Counseling Services 7,119,920 5,208,451 73.15% Psychological Services 2,375,813 1,692,974 71.26% Pupil Personnel Services 1,742,129 1,330,564 76.38% Health Services 3,348,164 2,397,365 71.60% Student Services 14,586,026 10,629,354 72.87% Curriculum Dev. and Implementation 3,436,825 2,352,382 68.45% Professional Development 588,608 319,680 54.31% Office of Accountability 779,989 424,700 54.45% Curriculum and Instruction 4,805,422 3,096,762 64.44% Transportation 31,160,170 23,151,894 74.30% Facilities Management 21,346,164 16,043,253 75.16% Utility Resource Management 14,272,888 10,271,568 71.97% Planning and Construction 861,035 597,789 69.43% Operations and Maintenance 67,640,257 50,064,504 74.02% Fiscal Services 26,916,166 20,628,603 76.64% Purchasing 1,012,314 771,354 76.20% Business Services 27,928,480 21,399,957 76.62% Human Resources 74,038,776 54,384,791 73.45% Office of Technology and Info. 9,423,625 6,674,083 70.82% Unrestricted Fund $ 428,791,217 $ 311,445,347 72.63% 5/1/2012 Prepared by the Division of Business Services Page C-1

CURRENT EXPENSE FUND - UNRESTRICTED, BUDGETARY BASIS (NON-GAAP) STATEMENT OF BUDGET MANAGER EXPENDITURES - BUDGET AND ACTUAL FOR THE PERIOD ENDED MARCH 31, 2012 (unaudited) Current Year Prior Years Budget Manager Title Budget Actual Balance % Spent FY11 FY10 FY09 FY08 Applications Development Team Leader 605,946 577,693 28,253 95.34% 86.39% 96.30% 100.20% 89.10% Associate Superintendent of Curriculum & Instruction 3,650,215 2,406,523 1,243,692 65.93% 66.91% 65.42% 73.60% 69.98% Assistant Superintendent of Human Resources 75,863,620 54,873,602 20,990,018 72.33% 68.87% 73.29% 75.68% 62.74% Assistant Superintendent of Operations 661,725 375,294 286,431 56.71% 62.44% 59.99% 70.98% 71.85% Assistant Superintendent of Business Services 24,615,409 18,560,004 6,055,405 75.40% 75.60% 74.53% 74.16% 72.72% Assistant Supervisor of Client Server 505,777 152,814 352,963 30.21% 21.51% 23.64% 40.80% 49.06% Assistant Supervisor of Energy & ABS 13,896,323 9,919,607 3,976,716 71.38% 65.14% 64.04% 67.37% 69.17% Assistant Supervisor of Science 367,765 265,995 101,770 72.33% 73.34% 63.85% 61.13% 68.74% Assistant Supervisor of User Support 669,383 583,567 85,816 87.18% 79.28% 85.65% 108.59% 97.02% Chief of Administration 1,481,594 1,115,845 365,749 75.31% 70.88% 76.92% 77.64% 66.22% Coordinator of Accelerated Learning 1,630,458 1,052,780 577,678 64.57% 63.73% 64.67% 64.82% 66.11% Coordinator of Intervention 2,404,464 1,703,290 701,174 70.84% 67.26% 54.97% 57.80% 57.66% Coordinator of Magnet Programs 1,073,370 461,162 612,208 42.96% 46.95% 42.82% 57.43% 60.91% Coordinator of Professional Development 588,608 319,680 268,928 54.31% 58.16% 51.37% 55.00% 45.14% Coordinator of Safety & Security 984,089 569,665 414,425 57.89% 67.17% 60.53% 68.57% 82.75% Director of Community Engagement 336,021 224,411 111,610 66.78% 64.60% 51.55% 63.73% 62.38% Director of Facilities Management 20,543,891 15,547,896 4,995,995 75.68% 71.79% 75.37% 73.10% 73.56% Director of Information Systems & Technology 7,368,913 5,131,726 2,237,187 69.64% 67.13% 70.91% 75.63% 77.29% Director of Planning & Construction 861,035 597,789 263,246 69.43% 70.06% 56.19% 68.37% 68.36% Director of Special Education 40,598,873 29,351,359 11,247,515 72.30% 71.17% 74.52% 71.74% 76.24% Director of Student Services 1,594,600 1,235,096 359,504 77.45% 74.79% 74.30% 74.40% 70.84% Director of Transportation 30,813,942 22,907,081 7,906,861 74.34% 73.52% 71.23% 72.34% 74.23% Executive Directors Elementary/Secondary Education 166,508,887 120,787,998 45,720,889 72.54% 72.71% 72.40% 72.52% 76.43% General Counsel 207,246 154,655 52,591 74.62% 74.03% 73.16% 74.16% 72.22% Internal Auditor 154,567 122,930 31,637 79.53% 70.28% 77.56% 82.11% 71.35% Manager of Communications 547,094 306,478 240,616 56.02% 56.92% 52.17% 62.10% 73.46% Nurse Coordinator 3,348,164 2,397,365 950,799 71.60% 68.75% 70.25% 70.10% 69.01% Risk Manager 2,676,080 2,443,922 232,158 91.32% 77.59% 86.60% 74.47% 78.79% Supervisor of Business & Technology Education 52,237 (14,642) 66,879-28.03% 13.70% 17.95% 24.20% -1.69% Supervisor of Career & Art Programs 485,170 305,639 179,531 63.00% 62.19% 50.97% 77.06% 55.90% Supervisor of Elementary & Middle School Physical Educ. 129,405 58,127 71,278 44.92% 46.67% 44.64% 50.46% 45.53% Supervisor of Foreign Language and ESOL 503,597 341,408 162,189 67.79% 71.56% 69.66% 71.63% 71.32% Supervisor of Library & Media Services 6,849,727 5,151,528 1,698,199 75.21% 74.51% 73.43% 73.46% 74.03% Supervisor of Music 199,155 144,945 54,210 72.78% 64.61% 64.14% 59.45% 64.32% Supervisor of Phys. Educ. & Interscholasitc Athletics 2,759,371 1,862,445 896,926 67.50% 67.27% 65.01% 65.82% 65.34% Supervisor of Psychological & Pupil Services 2,977,141 2,066,357 910,785 69.41% 64.56% 66.63% 67.25% 62.66% Supervisor of Purchasing 1,012,314 771,354 240,960 76.20% 73.00% 75.84% 73.43% 59.05% Supervisor of School Counseling 7,119,920 5,208,451 1,911,469 73.15% 72.60% 73.04% 72.29% 71.33% Supervisor of Science 1,091,526 750,525 341,001 68.76% 66.10% 68.35% 62.42% 64.58% Supervisor of the Office of Accountability 779,989 424,700 355,289 54.45% 73.13% 55.35% 58.29% 60.56% Technical Services Team Leader 273,606 228,282 45,324 83.43% 72.33% 61.86% 39.12% 72.30% Total 428,791,217 311,445,347 117,345,870 72.63% 71.37% 72.04% 72.54% 70.71% 5/1/2012 Prepared by Division of Business Services Page D-1

CURRENT EXPENSE FUND - UNRESTRICTED, BUDGETARY BASIS (NON-GAAP) STATEMENT OF SCHOOL ALLOCATION EXPENDITURES - BUDGET AND ACTUAL FOR THE PERIOD ENDED MARCH 31, 2012 (unaudited) Current Year Prior Years School Name Budget Actual Balance % Spent FY11 FY10 FY09 FY08 1 Central Office 523,400 171,124 352,276 32.69% 38.69% 39.07% 83.52% 57.99% 5 Hickory Annex 29,200-29,200 0.00% 73.39% 2.69% 0.00% 0.00% 6 Forest Hill Annex 3,032 1,019 2,013 33.60% 16.29% 5.34% 26.33% 65.75% Total Central Funds 555,632 172,143 383,489 30.98% 40.48% 37.31% 82.74% 57.39% 9 Harford Glen 44,065 18,880 25,185 42.85% 44.14% 43.31% 54.62% 62.33% 91 John Archer 109,945 86,725 23,220 78.88% 71.28% 79.69% 59.54% 62.90% 92 Alternative Education 88,026 49,746 38,280 56.51% 60.51% 57.30% 79.53% 88.52% Total Special Schools 242,036 155,351 86,685 64.19% 62.42% 65.04% 71.17% 69.97% 70 Aberdeen High 372,266 270,717 101,549 72.72% 73.51% 74.12% 79.65% 89.78% 73 Bel Air High 421,538 300,718 120,820 71.34% 57.19% 71.07% 71.65% 74.66% 85 C. Milton Wright High 389,483 281,479 108,004 72.27% 70.36% 75.83% 71.54% 71.15% 76 Edgewood High 327,406 177,434 149,972 54.19% 49.87% 46.57% 49.79% 64.24% 82 Fallston High 312,120 204,277 107,843 65.45% 76.41% 79.60% 72.18% 80.92% 4 Harford Technical High 374,507 258,972 115,535 69.15% 69.23% 62.22% 70.76% 55.14% 78 Havre de Grace High 212,599 171,108 41,491 80.48% 72.55% 83.19% 77.84% 95.91% 81 Joppatowne High 249,105 195,103 54,002 78.32% 68.05% 69.22% 64.40% 69.85% 80 North Harford High 377,328 346,497 30,831 91.83% 75.82% 79.76% 67.98% 83.47% 87 Patterson Mill High 264,689 213,131 51,558 80.52% 100.17% 95.00% 81.70% 88.20% Total High Schools 3,301,041 2,419,437 881,604 73.29% 70.25% 72.91% 70.51% 76.23% 65 Aberdeen Middle 220,375 186,845 33,530 84.79% 73.47% 64.51% 53.11% 61.28% 72 Bel Air Middle 245,456 213,098 32,358 86.82% 65.77% 60.55% 63.59% 74.06% 77 Edgewood Middle 221,706 191,138 30,568 86.21% 84.61% 69.99% 45.84% 74.53% 86 Fallston Middle 179,005 136,435 42,571 76.22% 86.85% 69.36% 56.67% 74.20% 79 Havre de Grace Middle 115,745 69,813 45,932 60.32% 78.33% 85.12% 77.06% 82.91% 84 Magnolia Middle 143,619 93,826 49,793 65.33% 60.46% 73.37% 67.88% 67.99% 83 North Harford Middle 201,331 167,718 33,613 83.30% 78.27% 71.73% 64.89% 66.92% 88 Patterson Mill Middle 145,887 112,766 33,121 77.30% 67.39% 92.25% 91.95% 65.93% 74 Southampton Middle 245,372 178,338 67,034 72.68% 72.66% 51.58% 56.66% 68.56% Total Middle Schools 1,718,496 1,349,977 368,519 78.56% 74.24% 68.87% 61.23% 70.24% Total Secondary Schools 5,019,537 3,769,414 1,250,123 75.09% 71.61% 71.51% 67.16% 74.05% 23 Abingdon Elementary 163,717 118,385 45,332 72.31% 90.11% 87.27% 81.71% 78.49% 12 Bakersfield Elementary 72,820 56,642 16,178 77.78% 82.39% 84.08% 54.49% 57.53% 14 Bel Air Elementary 90,844 71,539 19,305 78.75% 66.56% 69.01% 54.42% 60.03% 25 Church Creek Elementary 131,284 104,455 26,829 79.56% 85.49% 58.67% 83.25% 67.62% 16 Churchville Elementary 71,696 38,319 33,377 53.45% 71.57% 69.15% 47.80% 51.65% 18 Darlington Elementary 32,034 15,471 16,563 48.30% 63.06% 67.33% 74.42% 83.16% 20 Deerfield Elementary 149,536 108,887 40,649 72.82% 65.80% 54.32% 69.58% 46.70% 22 Dublin Elementary 61,404 39,078 22,326 63.64% 64.13% 74.96% 55.47% 64.11% 15 Edgewood Elementary 87,673 75,101 12,572 85.66% 91.66% 76.94% 74.74% 83.33% 21 Emmorton Elementary 101,168 84,303 16,865 83.33% 69.59% 93.63% 67.07% 65.33% 26 Forest Hill Elementary 104,060 64,723 39,337 62.20% 64.90% 72.17% 58.04% 39.65% 28 Forest Lakes Elementary 97,515 72,543 24,972 74.39% 68.58% 60.66% 71.97% 69.45% 27 Fountain Green Elementary 105,114 86,637 18,477 82.42% 72.08% 67.55% 61.01% 71.60% 11 George D. Lisby Elementary 81,422 47,915 33,507 58.85% 39.18% 69.97% 43.53% 65.24% 30 Halls Cross Roads Elementary 92,419 60,717 31,702 65.70% 72.18% 88.06% 78.29% 37.45% 32 Havre de Grace Elementary 86,886 74,105 12,781 85.29% 55.49% 76.56% 78.11% 90.37% 33 Hickory Elementary 124,356 106,665 17,692 85.77% 46.73% 49.42% 64.18% 46.01% 35 Homestead-Wakefield Elementary 168,718 162,072 6,646 96.06% 95.43% 77.33% 77.31% 61.77% 36 Jarrettsville Elementary 89,520 56,358 33,162 62.96% 75.66% 78.21% 76.36% 85.24% 37 Joppatowne Elementary 122,437 64,950 57,487 53.05% 69.53% 87.19% 49.98% 39.34% 31 Magnolia Elementary 77,561 63,997 13,564 82.51% 97.99% 72.17% 71.79% 71.79% 38 Meadowvale Elementary 100,265 86,623 13,642 86.39% 85.18% 75.27% 78.66% 71.97% 41 Norrisville Elementary 46,456 35,252 11,204 75.88% 74.15% 76.01% 72.93% 80.81% 47 North Bend Elementary 73,909 60,834 13,075 82.31% 85.02% 80.54% 64.62% 73.27% 44 North Harford Elementary 82,935 61,867 21,068 74.60% 69.32% 72.11% 73.30% 78.80% 29 Prospect Mill Elementary 120,722 79,656 41,066 65.98% 66.47% 72.06% 66.67% 78.42% 49 Red Pump Elementary 114,776 87,395 27,381 76.14% NA NA NA NA 45 Ring Factory Elementary 101,267 78,288 22,979 77.31% 90.08% 64.87% 82.89% 76.71% 43 Riverside Elementary 94,427 65,582 28,845 69.45% 106.85% 89.53% 83.01% 72.47% 39 Roye Williams Elementary 86,752 41,931 44,821 48.33% 82.23% 59.95% 73.15% 73.59% 40 William Paca Elementary 132,017 101,559 30,458 76.93% 79.18% 81.01% 60.35% 82.68% 13 William S. James Elementary 96,899 57,420 39,479 59.26% 70.17% 76.86% 65.05% 61.14% 48 Youths Benefit Elementary 183,571 141,518 42,053 77.09% 72.59% 70.91% 69.70% 69.33% Total Elementary Schools 3,346,180 2,470,787 875,393 73.84% 75.45% 73.56% 68.65% 67.26% Total All Allocated Funds 9,163,385 6,567,695 2,595,691 71.67% 70.97% 69.64% 69.69% 69.61% 5/1/2012 Prepared by Division of Business Services Page E-1

FOOD SERVICES FUND - (SPECIAL REVENUE FUND) BUDGETARY BASIS (NON-GAAP) STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE PERIOD ENDED MARCH 31, 2012 (unaudited) Percent Amended Actual Actual to Budget Year-To-Date Balance Budget Revenues Cafeteria Sales 8,082,891 6,089,768 1,993,123 75.34% Federal Aid Fresh Fruit & Vegetable - 33,930 (33,930) - School Lunch Program 923,304 422,472 500,832 45.76% School Breakfast Program 1,198,172 1,132,010 66,162 94.48% Section 11 Farms 3,463,843 2,991,838 472,005 86.37% Other Federal Revenue 95,000 167,800 (72,800) 176.63% USDA Commodities 875,000 821,701 53,299 93.91% Total Federal Aid 6,555,319 5,569,751 985,568 84.97% State Aid Child Feeding Program 150,000 123,913 26,087 82.61% Other State Revenue 142,093 138,281 3,812 97.32% Total State Aid 292,093 262,194 29,899 89.76% Interest Earned 250-250 - Miscellaneous Income - 148,747 (148,747) - County Non Recurring - 189,811 (189,811) - Prior Years Fund Balance - - - Total Revenues 14,930,553 12,260,271 2,670,282 82.12% Expenditures Salaries and Wages 5,301,615 3,887,734 1,413,881 73.33% Contracted Services 346,000 267,178 78,822 77.22% Supplies and Materials 7,130,210 5,850,720 1,279,490 82.06% Other Charges 2,000,728 1,510,633 490,095 75.50% Furniture and Equipment 152,000 233,952 (81,952) 153.92% Total Expenditures 14,930,553 11,750,216 3,180,337 78.70% Excess of Revenues over Expenditures or (Expenditures over Revenues) 510,055 Fund Balance at Beginning of Year 2,287,739 Fund Balance at End of Period 2,797,794 5/1/2012 Prepared by the Division of Business Services Page F-1

Open Capital Projects Balances as of March 31, 2012 Description Project # Budget Expenditures Encumbrances Total Balance % Remaining Aberdeen High 305-7005 5,737,945 5,656,193 5,720 5,661,913 76,032 1.33% Aberdeen High North 310-7110 665,000 553,106-553,106 111,894 16.83% ADA Improvements 360-9080 450,000 287,060 17,526 304,586 145,414 32.31% Alarms 360-9074 1,125,000 855,679 18,016 873,695 251,305 22.34% Athletic Fields 360-9162 347,000 315,103 3,400 318,503 28,497 8.21% Backflow Prevention 360-9078 550,000 441,770-441,770 108,230 19.68% Band Uniforms 391-8097 62,340 - - - 62,340 100.00% Bel Air Elementary Chiller 360-1463 360,000 344,998 1,615 346,613 13,387 3.72% Bel Air Elementary Improvements 330-1432 493,630 483,655-483,655 9,975 2.02% Bel Air High Modernization 310-7310 81,159,665 80,883,280 36,119 80,919,399 240,266 0.30% Bleachers 360-9084 500,000 322,625-322,625 177,375 35.48% Board of Education Dais 340-0144 20,000 17,703-17,703 2,297 11.49% Building Envelope Improvements 360-9085 400,000 265,085-265,085 134,915 33.73% Buses 390-9096 8,544,994 8,391,677-8,391,677 153,317 1.79% Campus Hills Elementary School 300-1901 1,745,489 1,246,215 159,239 1,405,454 340,035 19.48% Data Center Air Conditioning 325-0183 300,000 284,063 284,063 15,937 5.31% Deerfield Elem. Modernization 310-2010 32,553,803 31,916,743 287,944 32,204,687 349,116 1.07% Dublin Elementary Boiler 360-2273 250,000 242,602 1,510 244,112 5,888 2.36% Edgewood High Modernization 310-7610 83,606,790 82,339,914 1,072,733 83,412,647 194,143 0.23% Energy Conservation 360-9086 500,000 169,322 6,332 175,654 324,346 64.87% Environmental Compliance 360-9065 2,841,263 2,593,837 12,950 2,606,787 234,476 8.25% Floor Covering 360-9871 100,000 10,904 69,901 80,805 19,195 19.20% Forest Hill Annex Electrcial 325-0626 400,000 157,783 176,422 334,205 65,795 16.45% Fountain Green Playground 390-2795 173,519 83,519-83,519 90,000 51.87% Furniture 390-9092 1,655,000 1,523,983-1,523,983 131,017 7.92% Harford Technical HS Field Improv. 330-0462 4,900,000 4,878,825-4,878,825 21,175 0.43% Havre de Grace High 310-7810 250,000-224,048 224,048 25,952 10.38% Havre de Grace High Field Impr. 330-7862 1,000,000 11,468 88,052 99,520 900,480 90.05% Havre de Grace High HVAC 325-7868 5,339,397 2,649,460 2,664,887 5,314,347 25,050 0.47% Homestead/Wakefield Modernization 310-3510 133,454 132,454-132,454 1,000 0.75% HVAC Major Repairs 360-9968 8,821,226 3,659,986 1,027,206 4,687,192 4,134,034 46.86% HVAC Major Repairs - CCES 360-2568 500,000 - - - 500,000 100.00% HVAC Major Repairs - HDGES 360-3268 333,750 - - - 333,750 100.00% Integrated Business System 350-9058 193,000 193,000 28,577 221,577 (28,577) -14.81% Jarrettsville Elem HVAC 326-3668 3,700,000 89,890 231,600 321,490 3,378,510 91.31% John Archer Modernization 310-9110 1,030,000 83,045-83,045 946,955 91.94% Joppatowne Elem. Modernization 310-3710 21,991,943 21,722,034 8,498 21,730,532 261,411 1.19% Lockers 360-9083 430,000 302,460 302,460 127,540 29.66% Maintenance Replacement Vehicles 360-9075 5,584,396 4,909,138 522,708 5,431,846 152,550 2.73% Math Refresh 390-9099 1,300,000 1,084,083-1,084,083 215,917 16.61% Milestone Project II 350-9054 482,500 450,506-450,506 31,994 6.63% Music Refresh 390-9097 525,000 431,878 200 432,078 92,922 17.70% Music Technology Labs 315-9019 195,000 157,856 37,125 194,981 19 0.01% North Bend Roof 326-4725 809,666 767,423 36,462 803,885 5,781 0.71% North Harford High Modernization 310-8010 52,051,589 51,670,455-51,670,455 381,134 0.73% North Harford Middle HVAC 325-8368 10,129,725 10,117,389-10,117,389 12,336 0.12% North Harford Middle Remedial 315-8315 50,000 32,200-32,200 17,800 35.60% North Harford Sewer System 360-8077 500,000 486,462-486,462 13,538 2.71% Outdoor Track Reconditioning 330-9031 175,000 165,099-165,099 9,901 5.66% Patterson Mill Middle/High School 300-8701 62,897,094 62,654,704-62,654,704 242,390 0.39% Paving - Overlay & Maintenance 360-9082 2,156,370 2,081,726 16,356 2,098,082 58,288 2.70% 5/1/2012 Prepared by Division of Business Services Page G-1

HARFORD Open COUNTY Capital PUBLIC Projects SCHOOLS Balances as of March 31, 2012 Description Project # Budget Expenditures Encumbrances Total Balance % Remaining Playground Equipment 390-9095 429,038 400,000-400,000 29,038 6.77% Red Pump Road Elementary School 300-4901 32,570,154 30,259,930 284,341 30,544,271 2,025,883 6.22% Relocatables 340-9041 10,884,637 10,308,351-10,308,351 576,286 5.29% Roofs 325-9025 10,173,314 9,873,052-9,873,052 300,262 2.95% Security Cameras 390-9098 1,585,000 1,397,653-1,397,653 187,347 11.82% Septic Pretreat Facility 360-9077 4,425,413 2,361,895 2,063,518 4,425,413-0.00% Southampton Middle HVAC 325-7468 1,236,501 1,234,204-1,234,204 2,297 0.19% Special Education Facilities 315-9021 100,000 1,300-1,300 98,700 98.70% Swimming Pools 391-9095 300,000 162,708-162,708 137,292 45.76% SWM, Erosion, Sediment 360-9079 375,000 332,770-332,770 42,230 11.26% Technology Education Lab Refresh 315-9017 1,225,000 824,578-824,578 400,422 32.69% Technology Infrastructure 350-9057 22,176,180 19,834,968 100,580 19,935,548 2,240,632 10.10% Technology Wiring 350-9051 8,373,254 7,757,584-7,757,584 615,670 7.35% Textbooks 390-9793 3,410,000 2,059,935-2,059,935 1,350,065 39.59% Textbooks Social Science 390-9993 1,100,000 1,099,979-1,099,979 21 0.00% Vocational Equipment Refresh 390-9990 700,000 641,154-641,154 58,846 8.41% William Paca Elem. A/C 326-3668 5,800,000 206,568 161,267 367,835 5,432,165 93.66% William S. James Playground 390-1395 248,921 98,921 115,000 213,921 35,000 14.06% Youth's Benefit Elementary 310-4810 1,700,600 1,659,792 40,153 1,699,945 655 0.04% Youth's Benefit Elementary A/C 326-4883 4,800,000 165,516 127,818 293,334 4,506,666 93.89% 521,633,560 478,799,218 9,647,823 488,447,041 33,186,519 6.36% Capital Projects Spent Out Description Project # Budget Expenditures Encumbrances Total Balance % Remaining Abingdon Elem Playground 390-2395 88,458 88,458-88,458-0.00% Church Creek Playground 390-2595 7,803 7,803-7,803-0.00% Churchville Elementary Playground 390-1695 144,887 144,887-144,887-0.00% Edgewood Elementary Playground 390-1595 168,639 168,639-168,639-0.00% Emmorton Elem Playground 390-2195 154,556 154,556-154,556-0.00% Fallston High Roof 325-8225 1,191,783 1,191,783-1,191,783-0.00% Forest Lakes Playground 390-2895 128,519 128,519-128,519-0.00% George D. Lisby Playground 390-1195 76,870 76,870-76,870-0.00% Halls Cross Roads Playground 390-3095 141,848 141,848-141,848-0.00% Havre de Grace Elem Playground 390-3295 143,865 143,865-143,865-0.00% Hickory Playground 390-3395 165,890 165,890-165,890-0.00% Homestead/Wakefield Playground 390-3595 49,771 49,771-49,771-0.00% Jarrettsville Elem Playground 390-3695 69,290 69,290-69,290-0.00% Magnolia Elementary Playground 390-3195 137,762 137,762-137,762-0.00% Norrisville Elementary Playground 390-4195 70,100 70,100-70,100-0.00% North Bend Elem Playground 390-4795 80,000 80,000-80,000-0.00% North Harford Elementary Playground 390-4495 143,147 143,147-143,147-0.00% North Harford High Band Uniforms 391-9097 47,660 47,660-47,660-0.00% Prospect Mill Playground 390-2995 144,125 144,125-144,125-0.00% Prospect Mill Remedial 315-2915 2,803,368 2,803,368-2,803,368-0.00% Ring Factory Elementary Roof 325-4525 246,894 246,894-246,894-0.00% Ring Factory Playground 390-4595 137,805 137,805-137,805-0.00% Riverside Elementary Playground 390-4395 237,749 237,749-237,749-0.00% Roye Williams Elem Playground 390-3995 164,928 164,928-164,928-0.00% Southampton Middle Roof 325-7425 1,068,834 1,068,834-1,068,834-0.00% William Paca/OPR Playground 390-4095 207,239 207,239-207,239-0.00% Youth's Benefit Playground 390-4895 68,317 68,317-68,317-0.00% Totals of Projects Spent Out 8,090,107 8,090,107-8,090,107-0.00% Sum of Open And Spent Out 529,723,667 486,889,325 9,647,823 496,537,148 33,186,519 6.26% 5/1/2012 Prepared by Division of Business Services Page G-2