Annual Financial Report. Accuracy Certification Statement. For Fiscal Year Ending 6/30/2016. Pennsylvania Department of Education

LEA Name : Philadelphia City SD Address : 440 North Broad Street Philadelphia, PA 19130 County: Philadelphia AUN Number: 126515001 LEA Type: SD Annual Financial Report Accuracy Certification Statement For Fiscal Year Ending 6/30/2016 Pennsylvania Department of Education & Office of Comptroller Operations PDE-2056: Intermediate Unit PDE-2057: School District, AVTS/CTC, Charter School, and Special Program Jointure CERTIFICATION: By signing this page I agree that the electronic data submitted is a complete and accurate statement of the financial operations and status of the local education a.gency for ~e. fi... al year. It has been prepared in accordance with generally accepted,~!)jjl)tifg_ P, 'nciples and established Commonwealth of PA reporting guidelines. Page 1 /Vv, ''-J9~ 1 ( J II r ft) Chief School Administrator Signat re _/ Date 1 4 ' / -x ' I /0. ~ I// -cj9-/t B6"a"rd-Sec"retaiy Signatr Date Edward T Rogalski (215)400-5263 Ext: Contact Person Contact Person Telephone Number erogalski@philasd.org (215)400-4521 Contact Persori e.:mail Address ContactPerS611 F"a Nllrriber Printed 11/17/2016 3:14:17 PM

Document Accessibility If you have a disability and the format of any material on our web pages interferes with your ability to access the information or you have a question regarding the School District s website accessibility, please contact us via any of the following means for assistance: The School District of Philadelphia Office of Family and Community Engagement 440 N. Broad Street, Suite 114 Philadelphia, PA 19130-4015 Email: ask@philasd.org Tel: (215) 400-4000 Fax: (215) 400-4181 To help us respond in a manner most helpful to you, please indicate the nature of the accessibility problem, the web address of the requested material, your preferred format in which you want to receive the material (electronic format (ASCII, etc.), standard print, large print, etc.), and your contact information (name, email, telephone, and physical mailing address).

Audit Certification Annual Financial Report: For Fiscal Year Ending 6/30/2016 (Pursuant to PA School Code Section 218(b)) LEA Name : Philadelphia City SD AUN Number : 126515001 County : Philadelphia Audit Certification Due: 12/31/2016 This certification is applicable to: Orig. Annual Financial Report submitted to Comptroller Operations: Date Annual Financial Report revisions submitted on: Date Auditing Firm: Auditor Contact Name: Auditor Phone: Auditor E-mail: CERTIFICATION: By signing this page I agree that the financial statements of the school have been properly audited as noted above pursuant to Article XXIV, and in the auditor's professional opinion, the Annual Financial Report (PDE-2057) submitted on the date referenced is materially consistent with the audited financial statements. Chief School Administrator Board Secretary Signature Date Signature Date Edward T Rogalski (215)400-5263 Ext : Contact Person erogalski@philasd.org Contact Person E-mail Address Contact Person Telephone Number (215)400-4521 Contact Person Fax Number Printed 11/30/2016 3:00:57 PM Page 2

2015-2016 Annual Financial Report - 06/30/2016 Fiscal Year End Validations Printed 11/30/2016 3:02:22 PM Page - 1 of 2 Val Number Description Justification 11000 NAG - Fund 10: Total Fund Balance must equal REG - Fund 10: Fund Balance - End of Year Inventory Reserve Adjustment of $183,348. No place to enter on expenditure schedule. Fund Bal (NAG), Fund10: $230,350,613.00 Fund Bal (REG), Fund 10: $230,533,961.00 11070 NAG: Total Fund Balance must equal REG: Fund Balance - End of Year Fund Bal (NAG), Total: $247,197,741.00 Fund Bal (REG), Total: $247,381,089.00 Inventory Reserve Adjustment of $183,348, Fund 10. No place to enter on expenditure schedule. 30130 No data has been reported for Federal IDEA revenue received as pass thru in revenue code 6832. Please correct or enter an explanation. The IDEA pass-thru revenue is reported on the AFR under the Philadelphia I.U. LEA. The Philadelphia School District LEA does not record the IDEA pass-thru revenue. 30410 Revenue Detail: AFR amount must equal or exceed PDE FAI System amount. 6944, AFR Rev Detail: 0.00 6944, PDE FAI System: $1,722,865.67 $1,722,865.67 was deducted on June 1, 2016. This was a refund of current year revenue and recorded as a contra-revenue, not an expenditure. 30530 Revenue Detail: The PDE FAI System reflects payments for Revenue 7320 therefore the AFR amount reported in General Fund Revenue code 7320 must be greater than zero. The amount of $7,337,038.37 received on July 30, 2015, was accrued in fiscal year 2015. 42370 Expenditure Detail: AFR amount must equal or exceed PDE FAI System amount. 1441-561, AFR Exp Detail: 215088.00 1441-561, PDE FAI System: $1,937,953.67 $1,722,865.67 was deducted on June 1, 2016. This was a refund of current year revenue and recorded as a contra-revenue, not an expenditure. 50160 SOIN: All Governmental Fund General Obligation Bonds must include an amount for Interest Paid during Fiscal Year. Correct data or enter a justification. The School District of Philadelphia has QZAB bonds that do not have an interest payment due until Fiscal Year 2017. 50180 SOIN: All Governmental Fund General Obligation Bonds must include an amount for Amount Due Within One Year (Principal and Interest). Correct data or enter a justification. The School District of Philadelphia has bonds that do not have a payment due within one year. 50190 SOIN: All Governmental Fund Authority Building Obligations must include an amount for Amount Due Within One Year (Principal and Interest). Correct data or enter a justification. The School District of Philadelphia has QZAB bonds that do not have a payment due within one year. Page 3

2015-2016 Annual Financial Report - 06/30/2016 Fiscal Year End Validations Printed 11/30/2016 3:02:22 PM Page - 2 of 2 50210 SOIN: A Governmental Fund General Obligation Bond (CIB) contains entries for Justification: The bank, BONY, mistakenly paid both Debt at Beginning of Fiscal Year, and Additions During Fiscal Year. Correct dividends to the bond holders in FY 2015. data or enter a justification. Throughout FY 2016, BONY was able to recover most of these funds from the bondholders. This recovered amount is the "Additions" amount. Page 4

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Balance Sheet - Governmental Funds (NAG) Printed 11/30/2016 3:00:58 PM Page - 1 of 4 Amounts Expressed in Whole Dollars General Fund Public Purpose Trust Other Compt Approved Athletic / Activity Capital Reserve (690, (10) (27) (28) (29) 1850) (31) Assets And Deferred Outflows Of Resources Assets 0100 Cash and Cash Equivalents 363,331,025 4,216,623 0110 Investments 0120 Taxes Receivable 174,235,798 0130 Due From Other Funds 0141 Due From Other Governments 91,053,301 0142 State Revenue Receivable 0143 Federal Revenue Receivable 0145 Other Intergovernmental Revenue Receivable 0146 Due from Primary Government 0147 Due from Component Unit 0150 Other Receivables 19,895,620 0170 Inventories 1,022,534 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets Total Assets $649,538,278 $4,216,623 0910 Deferred Outflows of Resources Total Assets And Deferred Outflows Of Resources $649,538,278 $4,216,623 Page 5

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Balance Sheet - Governmental Funds (NAG) Printed 11/30/2016 3:00:58 PM Page - 2 of 4 Amounts Expressed in Whole Dollars Capital Reserve (1431) Other Capital Projects Debt Service Permanent Total Governmental (32) Fund (40) (90) Funds (39) Assets And Deferred Outflows Of Resources Assets 0100 Cash and Cash Equivalents 31,198,101 2,105,732 400,851,481 0110 Investments 0120 Taxes Receivable 174,235,798 0130 Due From Other Funds 0141 Due From Other Governments 817,060 91,870,361 0142 State Revenue Receivable 0143 Federal Revenue Receivable 0145 Other Intergovernmental Revenue Receivable 0146 Due from Primary Government 0147 Due from Component Unit 0150 Other Receivables 19,895,620 0170 Inventories 1,022,534 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets Total Assets $32,015,161 $2,105,732 $687,875,794 0910 Deferred Outflows of Resources Total Assets And Deferred Outflows Of Resources $32,015,161 $2,105,732 $687,875,794 Page 6

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Balance Sheet - Governmental Funds (NAG) Printed 11/30/2016 3:00:58 PM Page - 3 of 4 Amounts Expressed in Whole Dollars General Fund Public Purpose Trust Other Compt Approved Athletic / Activity Capital Reserve (690, (10) (27) (28) (29) 1850) (31) Liabilities And Deferred Inflows Of Resources And Fund Balances Liabilities 0400 Due to Other Funds 0411 Due to Other Governments 8,824,494 0412 Due to Primary Government 0413 Due to Component Unit 0420 Accounts Payable 97,321,095 6,710 0430 Contracts Payable 0440 Current Portion of Long-Term Debt 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 96,956,365 0462 Payroll Deductions and Withholding 0480 Unearned Revenues 59,873,309 0490 Other Current Liabilities 6,335,763 Total Liabilities $269,311,026 $6,710 0950 Deferred Inflows of Resources 149,876,639 Fund Balances 0810 Nonspendable Fund Balance 1,022,534 1,301,225 0820 Restricted Fund Balance 142,049,432 2,908,688 0830 Committed Fund Balance 0840 Assigned Fund Balance 801,068 0850 Unassigned Fund Balance 86,477,579 Total Fund Balances $230,350,613 $4,209,913 Total Liabilities, Deferred Inflows Of Resources And Fund Balances $649,538,278 $4,216,623 Page 7

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Balance Sheet - Governmental Funds (NAG) Printed 11/30/2016 3:00:58 PM Page - 4 of 4 Amounts Expressed in Whole Dollars Capital Reserve (1431) Other Capital Projects Debt Service Permanent Total Governmental (32) Fund (40) (90) Funds (39) Liabilities And Deferred Inflows Of Resources And Fund Balances Liabilities 0400 Due to Other Funds 0411 Due to Other Governments 8,824,494 0412 Due to Primary Government 0413 Due to Component Unit 0420 Accounts Payable 20,548,477 390 117,876,672 0430 Contracts Payable 0440 Current Portion of Long-Term Debt 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 471,661 97,428,026 0462 Payroll Deductions and Withholding 0480 Unearned Revenues 59,873,309 0490 Other Current Liabilities 6,335,763 Total Liabilities $21,020,138 $390 $290,338,264 0950 Deferred Inflows of Resources 463,150 150,339,789 Fund Balances 0810 Nonspendable Fund Balance 1,365,405 3,689,164 0820 Restricted Fund Balance 10,531,873 739,937 156,229,930 0830 Committed Fund Balance 0840 Assigned Fund Balance 801,068 0850 Unassigned Fund Balance 86,477,579 Total Fund Balances $10,531,873 $2,105,342 $247,197,741 Total Liabilities, Deferred Inflows Of Resources And Fund Balances $32,015,161 $2,105,732 $687,875,794 Page 8

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds (REG) Printed 11/30/2016 3:01:05 PM Page - 1 of 4 Amounts Expressed in Whole Dollars General Fund (10) Public Purpose Trust (27) Other Compt Approved (28) Athletic / Activity (29) Capital Reserve (690, 1850) (31) Revenues 6000 Revenue from Local Sources 1,273,283,338 38,067 7000 Revenue from State Sources 1,468,266,711 8000 Revenue from Federal Sources 191,891,239 Total Revenues $2,933,441,288 $38,067 Expenditures 1000 Instruction 1,935,697,730 2000 Support Services 614,902,676 24,589 3000 Operation of Non-Instructional Services 15,091,480 4000 Facilities Acquisition, Construction and Improvement Services 5110 Debt Service 116,038,041 5130 Refund of Prior Year Revenues / Receipts 3,746,348 5140 Short-Term Borrowing Interest and Costs Total Expenditures $2,685,476,275 $24,589 Excess (Deficiency) Of Revenues Over Expenditures $247,965,013 $13,478 Other Financing Sources (Uses) 9110 Face Value of Bonds Issued 9120 Proceeds from Refunding of Bonds 9130 Bond Premiums 9200 Proceeds from Extended-Term Financing 9300 Interfund Transfers - IN 518,512 9400 Sale of or Compensation for Loss of Fixed Assets 5,711,981 9710 Transfers from Component Units 9720 Transfers from Primary Governments 9910 Other Financing Sources Not Listed in the 9000 Series 9990 Insurance Recoveries 5120 Debt Service Refunded Bonds 137,082,390 5150 Bond Discounts 5200 Interfund Transfers Out 9,851,845 5300 Transfers Out to Component Units/Primary Governments Total Other Financing Sources (Uses) ($140,703,742) Page 9

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds (REG) Printed 11/30/2016 3:01:05 PM Page - 2 of 4 Revenues Amounts Expressed in Whole Dollars Capital Reserve (1431) (32) Other Capital Projects Fund (39) Debt Service (40) Permanent (90) Total Governmental Funds 6000 Revenue from Local Sources 2,253,903 4,127 1,275,579,435 7000 Revenue from State Sources 1,034,417 1,469,301,128 8000 Revenue from Federal Sources 191,891,239 Total Revenues $3,288,320 $4,127 $2,936,771,802 Expenditures 1000 Instruction 1,935,697,730 2000 Support Services 1,024,642 8,900 615,960,807 3000 Operation of Non-Instructional Services 15,091,480 4000 Facilities Acquisition, Construction and Improvement Services 87,209,511 87,209,511 5110 Debt Service 116,038,041 5130 Refund of Prior Year Revenues / Receipts 384,729 4,131,077 5140 Short-Term Borrowing Interest and Costs Total Expenditures $88,618,882 $8,900 $2,774,128,646 Excess (Deficiency) Of Revenues Over Expenditures ($85,330,562) ($4,773) $162,643,156 Other Financing Sources (Uses) 9110 Face Value of Bonds Issued 9120 Proceeds from Refunding of Bonds 1,008,215 349,960,000 350,968,215 9130 Bond Premiums 9200 Proceeds from Extended-Term Financing 9300 Interfund Transfers - IN 518,512 9400 Sale of or Compensation for Loss of Fixed Assets 789,866 6,501,847 9710 Transfers from Component Units 9720 Transfers from Primary Governments 9910 Other Financing Sources Not Listed in the 9000 Series 9990 Insurance Recoveries 5120 Debt Service Refunded Bonds 349,730,949 486,813,339 5150 Bond Discounts 5200 Interfund Transfers Out 229,051 10,080,896 5300 Transfers Out to Component Units/Primary Governments Total Other Financing Sources (Uses) $1,798,081 $0 ($138,905,661) Page 10

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds (REG) Printed 11/30/2016 3:01:05 PM Page - 3 of 4 Amounts Expressed in Whole Dollars General Fund (10) Public Purpose Trust (27) Other Compt Approved (28) Athletic / Activity (29) Capital Reserve (690, 1850) (31) Special And Extraordinary Items 9920 Special Items Gains 9930 Extraordinary Items Gains 5520 Special Items Losses 5530 Extraordinary Items Losses Net Change In Fund Balances $107,261,271 $13,478 Fund Balance 0001 Fund Balance - Beginning of Fiscal Year 123,272,690 4,196,435 Fund Balance - End Of Year $230,533,961 $4,209,913 Page 11

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Net Position - Proprietary Funds (NAP) LEA : 126515001 Philadelphia City SD Printed 11/30/2016 3:01:06 PM Page - 1 of 2 Amounts Expressed in Whole Dollars Assets And Deferred Outflows Of Resources Current Assets Food Service (51) Child Care Operations (52) Other Enterprise (58) TOTAL Internal Service (60) 0100 Cash and Cash Equivalents 12,253,147 47,243 12,300,390 6,771,601 0110 Investments 0130 Due From Other Funds 0141 Due From Other Governments 7,765,638 21,496 7,787,134 0142 State Revenue Receivable 0143 Federal Revenue Receivable 0146 Due from Primary Government 0147 Due from Component Unit 0150 Other Receivables 10,557 10,557 0170 Inventories 814,656 31,806 846,462 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets 9,500,000 Total Current Assets $20,833,441 $111,102 $20,944,543 $16,271,601 Noncurrent Assets 0211 Land 0212 Site Improvements (Net) 0220 Buildings and Building Improvements (Net) 0230 Machinery, Equipment and Furniture (Net) 2,082,527 25,583 2,108,110 0250 Construction in Progress 0260 Long Term Prepayments 0290 Other Noncurrent Assets Total Noncurrent Assets $2,082,527 $25,583 $2,108,110 0910 Deferred Outflows of Resources 3,136,136 94,728 3,230,864 Total Assets And Deferred Outflows Of Resources $26,052,104 $231,413 $26,283,517 $16,271,601 Page 13

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Net Position - Proprietary Funds (NAP) Printed 11/30/2016 3:01:06 PM Page - 2 of 2 Amounts Expressed in Whole Dollars Liabilities And Deferred Inflows Of Resources And Net Position Current Liabilities 0400 Due to Other Funds 0411 Due to Other Governments 0413 Due to Component Unit Food Service (51) Child Care Operations (52) Other Enterprise (58) 0420 Accounts Payable 4,071,787 14,104 4,085,891 0430 Contracts Payable 0440 Current Portion of Long-Term Debt 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 1,408,081 47,204 1,455,285 0462 Payroll Deductions and Withholding 0480 Unearned Revenues TOTAL Internal Service (60) 0490 Other Current Liabilities 227,508 78,858 306,366 17,956,000 Total Current Liabilities $5,707,376 $140,166 $5,847,542 $17,956,000 Noncurrent Liabilities 0510 Bonds Payable 0520 Extended-Term Financing Agreements Payable 0530 Lease-Purchase Obligations 0540 Accumulated Compensated Absences 1,960,824 31,589 1,992,413 0550 Authority Lease Obligations 0560 Other Post-Employment Benefits (OPEB) 0570 Net Pension Liability 43,967,729 1,328,054 45,295,783 0599 Other Long-Term Liabilities 789,891 789,891 Total Noncurrent Liabilities $46,718,444 $1,359,643 $48,078,087 Total Liabilities $52,425,820 $1,499,809 $53,925,629 $17,956,000 0950 Deferred Inflows of Resources 6,541,761 197,594 6,739,355 Net Position 0791 Invested in Capital Assets, Net of Related Debt 2,082,527 25,583 2,108,110 0008 Restricted Net Position (0792 0798) 9,500,000 0799 Unrestricted Net Position (34,998,004) (1,491,573) (36,489,577) (11,184,399) Total Net Position ($32,915,477) ($1,465,990) ($34,381,467) ($1,684,399) Total Liabilities And Deferred Inflows Of Resources And Net Position $26,052,104 $231,413 $26,283,517 $16,271,601 Page 14

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Revenues, Expenses, and Changes in Fund Net Position - Proprietary Funds (REP) Printed 11/30/2016 3:01:08 PM Page - 1 of 2 Operating Revenues Amounts Expressed in Whole Dollars Food Service (51) Child Care Operations (52) Other Enterprise (58) 6600 Food Service Revenue 162,741 162,741 TOTAL Internal Service (60) 0071 Charges for Services 539,435 539,435 176,487,566 0072 Other Operating Revenue Total Operating Revenues $162,741 $539,435 $702,176 $176,487,566 Operating Expenses 17,178,937 400,139 17,579,076 12,597,734 246,553 12,844,287 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 42,302,165 42,302,165 171,624,965 600 Supplies 740 Depreciation 334,815 7,595 342,410 810 Dues and Fees 890 Miscellaneous Expenditures 3,022,199 329,916 3,352,115 250,000 Total Operating Expenses $75,435,850 $984,203 $76,420,053 $171,874,965 Operating Income (Loss) ($75,273,109) ($444,768) ($75,717,877) $4,612,601 Non Operating Revenues (Expenses) 6500 Earnings on Investments 6920 Contributions and Donations from Private Sources 6930 Gains or Losses on Sale of Fixed Assets 33,018 33,018 6991 Refunds of a Prior Year Expenditure 7000 Revenue from State Sources 7,080,680 92,923 7,173,603 8000 Revenue from Federal Sources 79,478,284 79,478,284 820 Claims and Judgments Against the LEA 830 Interest TOTAL Non Operating Revenues (Expenses) $86,591,982 $92,923 $86,684,905 Income (Loss) Before Contributions And Transfers $11,318,873 ($351,845) $10,967,028 $4,612,601 Page 15

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Revenues, Expenses, and Changes in Fund Net Position - Proprietary Funds (REP) Printed 11/30/2016 3:01:08 PM Page - 2 of 2 Amounts Expressed in Whole Dollars Contributions, Transfers, and Special and Extraordinary Items Food Service (51) Child Care Operations (52) Other Enterprise (58) TOTAL Internal Service (60) 5200 Interfund Transfers Out 289,461 289,461 5300 Transfers Out to Component Units/Primary Governments 5520 Special Items Losses 5530 Extraordinary Items Losses 9300 Interfund Transfers - IN 351,845 351,845 9,500,000 9500 Capital Contributions 409,969 409,969 9700 Transfers IN From Component Units/Primary Governments 9920 Special Items Gains 9930 Extraordinary Items Gains Change In Net Position $11,439,381 $11,439,381 $14,112,601 0002 Net Position - Beginning of Fiscal Year (44,354,858) (44,354,858) (15,797,000) 0003 Accounting Changes / Residual Equity Transfers (1,465,990) (1,465,990) Net Position - End Of Year ($32,915,477) ($1,465,990) ($34,381,467) ($1,684,399) Page 16

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Cash Flows - Proprietary Funds (CFP) LEA : 126515001 Philadelphia City SD Printed 11/30/2016 3:01:15 PM Page - 1 of 3 Amounts Expressed in Whole Dollars Cash Flows From Operating Activities Food Service (51) Child Care Operations (52) Other Enterprise (58) TOTAL Internal Service(60) 0011 Cash Receipts From Users 162,741 612,988 775,729 176,487,566 0012 Cash Receipts From Assessments Made to Other Funds 0013 Cash Receipts From Earnings on Investments 0014 Cash Receipts From Other Operating Revenue 0015 Cash Payments To Employees For Services 30,238,402 680,877 30,919,279 0016 Cash Payments For Insurance Claims 0017 Cash Payments To Suppliers For Goods and Services 36,836,461 36,836,461 250,000 0018 Cash Payments For Other Operating Expenses 5,680,407 368,153 6,048,560 169,465,965 Net Cash Provided By (Used For) Operating Activities ($72,592,529) ($436,042) ($73,028,571) $6,771,601 Cash Flows From Non-Capital Financing Activities 0021 Receipts From Local Sources - 6000 0022 Receipts From State Sources - 7000 7,080,680 71,417 7,152,097 0023 Receipts From Federal Sources -8000 72,990,367 21,506 73,011,873 0024 Notes and Loans Received (Repaid) 0025 Interest Paid on Notes/Loans - 5100-830 0026 Operating Transfers In (Out)/Residual Equity Trans (289,461) 351,845 62,384 0027 Operating Transfers In (Out) Primary Government / Comp Unit 0028 Receipts From Refund of Prior Year Expenditures - 6991 0029 Special and Extraordinary Gains (losses) Net Cash Prov By (Used for) Non-Capital Financing Activities $79,781,586 $444,768 $80,226,354 Cash Flows From Capital and Related Financing Activities 0031 Payments For Fac Acq, Const, and Imp - 4000 (298,186) (2,565) (300,751) 0032 Gain / (Loss) on Sale of Fixed Assets - 6930 0033 Proceeds From Extended Term Financing - 9200 0034 Principal Paid on Financing Agreements 0035 Interest Paid on Financing Agreements - 5100-830 0036 (Inc) Dec in Contributed Capital Net Cash Prov By (Used for) Capital and Related Financing Activities ($298,186) ($2,565) ($300,751) Cash Flows From Investing Activities 0041 Earnings on Investments - 6500 0042 Purchase of Inv Securities / Deposits to Inv Pools 0043 Receipts From Investment Pool Withdrawals 0044 Proceeds from Sale and Maturity of Inv Securities 0045 Loans Received (Paid) Net Cash Prov By (Used for) Investing Activities Page 17

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Printed 11/30/2016 3:01:15 PM Statement of Cash Flows - Proprietary Funds (CFP) Page - 2 of 3 Food Service (51) Child Care Operations (52) Other Enterprise (58) TOTAL Internal Service (60) Net Increase (Decrease) in Cash Flows 6,890,871 6,161 6,897,032 6,771,601 0004 Cash and Cash Equivalents Beginning of Year 5,362,276 41,082 5,403,358 Cash and Cash Equivalents at Year End $12,253,147 $47,243 $12,300,390 $6,771,601 Reconciliation of Operating Income (Loss) To Net Cash Provided by (Used For) Operating Activities 0005 Operating Income (Loss) per REP (75,273,109) (444,768) (75,717,877) 4,612,601 Adjustments 0051 Depreciation and Net Amortization 334,815 7,595 342,410 0052 Provision for Uncollectible Accounts 0053 Other Adjustments 5,053,828 5,053,828 Effect of Changes in Assets, Liabilities, Deferred Outflows and Deferred Inflows 0054 (Inc) Dec In Accounts Receivable (0120-0150) (8,412) (8,412) 0055 Advances to Other Funds (0160) 0056 (Inc) Dec in Inventories (0170) 555,810 (4,379) 551,431 0057 (Inc) Dec in Prepaid Expenses (0180) 0058 (Inc) Dec in Other Current or Noncurrent Assets 73,553 73,553 0064 Deferred Outflows (0910) (528,880) (15,975) (544,855) 0059 Inc (Dec) in Accounts Payable (0400-0450) (143,933) (25,446) (169,379) 0060 Inc (Dec) in Accrued Salaries/Benefits (0461) 491,530 13,822 505,352 0065 Inc (Dec) in Net Pension Liabilities (0570) 841,331 25,413 866,744 0066 Inc (Dec) in Other Postemp Benefit Oblig (0560) 0061 Inc (Dec) in Payroll Deductions/Withholding (0462) 0062 Inc (Dec) in Unearned Revenue (0480) 0063 Inc (Dec) in Other Current or Noncurrent Liabilities (2,465,829) (13,403) (2,479,232) 2,159,000 0067 Deferred Inflows (0950) (1,458,092) (44,042) (1,502,134) Total Adjustments $2,680,580 $8,726 $2,689,306 $2,159,000 Cash Provided By (Used for) Total ($72,592,529) ($436,042) ($73,028,571) $6,771,601 Page 18

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Cash Flows - Proprietary Funds (CFP) Printed 11/30/2016 3:01:15 PM Page - 3 of 3 COMBINED STATEMENT OF CASH FLOWS SCHEDULE OF NONCASH INVESTING, CAPITAL, AND FINANCING ACTIVITIES Explanation of Transaction and Balance Sheet Effect Amount Donated Commodities 5,053,828 Federal and State Grant Revenue not yet received - Food Service 7,765,638 Federal and State Grant Revenue not yet received - Print Shop 21,496 Total $12,840,962 Page 19

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Net Position - Fiduciary Funds (NAF) LEA : 126515001 Philadelphia City SD Printed 11/30/2016 3:01:16 PM Page - 1 of 4 Amounts Expressed in Whole Dollars Private Purpose Trust Investment Trust Pension Trust Activity (71) (72) (73) (81) Assets And Deferred Outflows Of Resources Assets 0100 Cash and Cash Equivalents 738,223 0110 Investments 200,013 0130 Due From Other Funds 0147 Due from Component Unit 0150 Other Receivables 133 0170 Inventories 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets 0220 Buildings and Building Improvements (Net) 0230 Machinery, Equipment and Furniture (Net) Total Assets $938,369 0910 Deferred Outflows of Resources Total Assets And Deferred Outflows Of Resources $938,369 Page 20

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Net Position - Fiduciary Funds (NAF) LEA : 126515001 Philadelphia City SD Printed 11/30/2016 3:01:16 PM Page - 2 of 4 Amounts Expressed in Whole Dollars Other Agency Discrete Component Units Discrete Component Units Total Fiduciary Funds (89) (98) (99) Assets And Deferred Outflows Of Resources Assets 0100 Cash and Cash Equivalents 90,603,691 91,341,914 0110 Investments 200,013 0130 Due From Other Funds 0147 Due from Component Unit 0150 Other Receivables 13,520 13,653 0170 Inventories 0180 Prepaid Expenses (Expenditures) 0190 Other Current Assets 0220 Buildings and Building Improvements (Net) 0230 Machinery, Equipment and Furniture (Net) Total Assets $90,617,211 0910 Deferred Outflows of Resources Total Assets And Deferred Outflows Of Resources $90,617,211 $91,555,580 $91,555,580 Page 21

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Net Position - Fiduciary Funds (NAF) LEA : 126515001 Philadelphia City SD Printed 11/30/2016 3:01:16 PM Page - 3 of 4 Amounts Expressed in Whole Dollars Private Purpose Trust Investment Trust Pension Trust Activity (71) (72) (73) (81) Liabilities, Deferred Inflows Of Resources And Net Position Liabilities 0400 Due to Other Funds 0411 Due to Other Governments 0412 Due to Primary Government 0413 Due to Component Unit 0420 Accounts Payable 0430 Contracts Payable 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 0462 Payroll Deductions and Withholding 0480 Unearned Revenues 0490 Other Current Liabilities Total Liabilities 0950 Deferred Inflows of Resources Net Position 0791 Invested in Capital Assets, Net of Related Debt 0009 Restricted Net Position (0792 0798) 938,369 0799 Unrestricted Net Position Total Net Position $938,369 Total Liabilities, Deferred Inflows Of Resources And Net Position $938,369 Page 22

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Statement of Net Position - Fiduciary Funds (NAF) LEA : 126515001 Philadelphia City SD Printed 11/30/2016 3:01:16 PM Page - 4 of 4 Amounts Expressed in Whole Dollars Other Agency Discrete Component Units Discrete Component Units Total Fiduciary Funds (89) (98) (99) Liabilities, Deferred Inflows Of Resources And Net Position Liabilities 0400 Due to Other Funds 5,017,610 5,017,610 0411 Due to Other Governments 0412 Due to Primary Government 0413 Due to Component Unit 0420 Accounts Payable 0430 Contracts Payable 0450 Short-Term Payables 0461 Accrued Salaries and Benefits 0462 Payroll Deductions and Withholding 85,348,394 85,348,394 0480 Unearned Revenues 0490 Other Current Liabilities 251,207 251,207 Total Liabilities $90,617,211 0950 Deferred Inflows of Resources Net Position 0791 Invested in Capital Assets, Net of Related Debt $90,617,211 0009 Restricted Net Position (0792 0798) 938,369 0799 Unrestricted Net Position Total Net Position Total Liabilities, Deferred Inflows Of Resources And Net Position $938,369 $90,617,211 $91,555,580 Page 23

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Printed 11/30/2016 3:01:17 PM Statement of Changes in Net Position - Fiduciary Funds (CNAF) Page - 1 of 1 Additions Amounts Expressed in Whole Dollars Private Purpose Trust (71) Investment Trust (72) Pension Trust (73) Discrete Component Units (98) Discrete Component Units (99) Total Fiduciary Funds 0091 Gifts and Contributions 360,500 360,500 0092 Other Additions 1,832 1,832 Deductions 0093 Scholarships Awarded 330,121 330,121 0094 Other Deductions Change In Net Position $32,211 $32,211 0006 Net Position Beginning of Fiscal Year 906,158 906,158 0007 Net Position Held in Trust for Pension Benefits Net Position - End of Fiscal Year $938,369 $938,369 Page 24

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of General Fund Revenues and Other Financing Sources - (REV) Printed 11/30/2016 3:01:18 PM Page - 1 of 4 Revenue Reported In Current Year Current Year Tax Accrual Prior Year Tax Accrual Taxes Collected In Current Year Revenue from Local Sources 6111 Current Real Estate Taxes 633,998,515.55 11,831,612.15 10,815,236.00 632,982,139.40 6113 Public Utility Realty Taxes 1,043,187.62 1,043,187.62 6114 Payments in Lieu of Current Taxes - State / Local 4,619.38 4,619.38 6162 Current 1st Class SD Liquor Sales Tax 58,763,590.99 6,162,042.29 6,410,545.00 59,012,093.70 6163 Current 1st Class SD Cigarette Tax 58,766,316.26 5,104,680.23 5,296,221.00 58,957,857.03 6164 Current 1st Class SD Sales and Use Tax 120,000,000.00 7,329,405.00 127,329,405.00 6166 Current 1st Class SD Business Use and Occupancy Taxes 130,575,146.84 979,005.39 1,976,757.00 131,572,898.45 6167 Current 1st Class SD Non-Business Income Taxes 33,905,946.64 470,347.66 510,601.00 33,946,199.98 6411 Delinquent Real Estate Taxes 63,541,983.63 9,425,113.97 10,741,088.00 64,857,957.66 6462 Delinquent 1st Class SD Liquor Sales Taxes 7,067,088.00 828,023.33 654,638.00 6,893,702.67 6466 Delinquent 1st Class SD Business Use and Occupancy Taxes 6,758,200.13 934,068.59 1,541,221.00 7,365,352.54 6467 Delinquent 1st Class SD Non-Business Income Taxes 6,438,783.59 495,799.78 392,069.00 6,335,052.81 6500 Earnings on Investments 3,328,864.86 6700 Revenues from LEA Activities 137,659.00 6810 Revenue from Local Governmental Units 15,089,533.83 6910 Rentals 6,192.08 6920 Contributions and Donations from Private Sources 100,000.00 6941 Regular Day School Tuition 114,493.45 6970 Services Provided Other Funds 13,860.00 6991 Refunds of a Prior Year Expenditure 9,922,179.24 6999 Other Revenues Not Specified Above 123,707,176.83 TOTAL Revenue from Local Sources $1,273,283,337.92 $36,230,693.39 $45,667,781.00 $1,130,300,466.24 Page 25

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of General Fund Revenues and Other Financing Sources - (REV) Printed 11/30/2016 3:01:18 PM Page - 2 of 4 Revenue from State Sources Revenue Reported In Current Year 7110 Basic Education Funding 1,019,962,761.40 7160 Tuition for Orphans Subsidy 658,688.59 7220 Vocational Education 3,775.74 7271 Special Education funds for School-Aged Pupils 135,435,121.52 7292 Pre-K Counts 24,522,250.00 7299 Program Revenues Not Listed Previously in the 7200 Series 13,367,231.00 7311 Pupil Transportation Subsidy 44,943,292.26 7312 Nonpublic and Charter School Pupil Transportation Subsidy 20,763,050.00 7505 Ready to Learn Block Grant 40,368,660.00 7509 Supplemental Equipment Grants 54,412.49 7599 Other State Revenue Not Listed Elsewhere in the 7000 Series 487,831.21 7810 State Share of Social Security and Medicare Taxes 35,006,023.32 7820 State Share of Retirement Contributions 132,693,613.51 TOTAL Revenue from State Sources $1,468,266,711.04 Page 26

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of General Fund Revenues and Other Financing Sources - (REV) Printed 11/30/2016 3:01:18 PM Page - 3 of 4 Revenue from Federal Sources Revenue Reported In Current Year 8110 Payments for Federally Impacted Areas 228,609.79 8390 Other Restricted Federal Grants-in-Aid Directly from the Federal Government 48,279,484.79 8514 NCLB, Title I - Improving the Academic Achievement of the Disadvantaged 112,879,454.31 8515 NCLB, Title II - Preparing, Training and Recruiting High Quality Teachers and Principals 6,723,100.68 8516 NCLB, Title III - Language Instruction for Limited English Proficient and Immigrant Students 3,246,092.94 8521 Vocational Education - Operating Expenditures 4,256,522.64 8540 Nutrition Education and Training 2,762,359.29 8610 Homeless Assistance Act 299,025.72 8690 Other Restricted Federal Grants-in-Aid Through the Commonwealth of PA 1,369,388.83 8731 ARRA - Build America Bonds 4,620,955.37 8732 ARRA - Qualified School Construction Bonds (QSCB) 6,537,046.65 8820 Medical Assistance Reimbursement for Administrative Claiming (Quarterly) Program 689,197.93 TOTAL Revenue from Federal Sources $191,891,238.94 Page 27

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of General Fund Revenues and Other Financing Sources - (REV) Printed 11/30/2016 3:01:18 PM Page - 4 of 4 Other Financing Sources Revenue Reported In Current Year 9340 Debt Service Fund Transfers 229,051.00 9350 Enterprise Fund Transfers 289,461.13 9400 Sale of or Compensation for Loss of Fixed Assets 5,711,980.80 TOTAL Other Financing Sources $6,230,492.93 TOTAL FROM ALL SOURCES $2,939,671,780.83 $36,230,693.39 $45,667,781.00 $1,130,300,466.24 Page 28

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Summary of General Fund Revenues and Other Financing Sources - (REVS) Printed 11/30/2016 3:01:19 PM Page - 1 of 1 Revenue from Local Sources 1,273,283,337.92 Revenue from State Sources 1,468,266,711.04 Revenue from Federal Sources 191,891,238.94 Other Financing Sources 6,230,492.93 TOTAL FROM ALL SOURCES $2,939,671,780.83 Page 29

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 1 of 30 1000 Instruction Total 482,401,605.37 Total Personnel Services Salaries $482,401,605.37 220 Social Security Contributions 36,900,773.96 230 PSERS Retirement Contributions 122,269,694.08 240 Tuition Reimbursement 45,497.31 250 Unemployment Compensation 1,776,005.79 260 Workers Compensation 15,719,605.34 270 Group Insurance Self-Insurance 93,892,908.46 290 Other Current Employee Benefits 49,087,447.86 Total Personnel Services Employee Benefits $319,691,932.80 300 Purchased Professional and Technical Services 322 Professional Educational Services Ius 232,662,280.20 329 Professional Educational Services Other 26,597,739.20 330 Other Professional Services 9,424,484.82 390 Other Purchased Professional and Technical Services 2,000.00 Total Purchased Professional and Technical Services $268,686,504.22 400 Purchased Property Services 410 Cleaning Services 225.00 430 Repairs and Maintenance Services 40,097.81 440 Rentals 135,532.84 Total Purchased Property Services $175,855.65 500 Other Purchased Services 510 Student Transportation Services 49,347.92 530 Communications 70,890.92 550 Printing and Binding 125,430.66 561 Tuition To Other School Districts Within the State 29,737,231.99 562 Tuition To Pennsylvania Charter Schools 711,273,846.23 564 Tuition To Career and Technology Centers 22,685,968.27 567 Tuition To Approved Private Schools (APS) and PA Chartered Schools for the Deaf and Blind 13,168,120.21 568 Tuition To Private Residential Rehabilitative Institutions (PRRI) [In-State] and Detention Centers 10,129,719.47 569 Tuition Other 16,580.00 580 Travel 266,064.55 591 Services Purchased Locally 7,829.03 594 IU Payment By Withholding for Institutionalized Children s Programs Special Classes 74,789.79 Total Other Purchased Services $787,605,819.04 600 Supplies 610 General Supplies 5,389,595.82 620 Energy 31,934.57 640 Books and Periodicals 13,375,890.63 Total Supplies $18,797,421.02 Page 30

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 2 of 30 1000 Instruction Total 700 Property 750 Equipment Original and Additional 14,201.29 760 Equipment Replacement 11,541,778.74 Total Property $11,555,980.03 800 Other Objects 890 Miscellaneous Expenditures 46,782,611.43 Total Other Objects $46,782,611.43 Total 1000 Instruction $1,935,697,729.56 Page 31

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 3 of 30 1100 Regular Programs Elementary / Secondary Elementary Secondary Federal Total 272,393,346.82 136,417,410.97 39,452,521.63 448,263,279.42 Total Personnel Services Salaries $272,393,346.82 $136,417,410.97 $39,452,521.63 $448,263,279.42 220 Social Security Contributions 20,846,202.39 10,420,795.05 3,025,499.00 34,292,496.44 230 PSERS Retirement Contributions 69,159,096.57 34,606,082.02 9,891,732.59 113,656,911.18 240 Tuition Reimbursement 18,542.19 13,427.11 1,854.31 33,823.61 250 Unemployment Compensation 987,991.67 551,509.84 144,257.92 1,683,759.43 260 Workers Compensation 8,902,480.64 4,311,075.68 1,311,334.14 14,524,890.46 270 Group Insurance Self-Insurance 54,172,524.37 26,099,790.23 6,380,965.42 86,653,280.02 290 Other Current Employee Benefits 27,475,199.32 12,305,498.96 5,690,327.77 45,471,026.05 Total Personnel Services Employee Benefits $181,562,037.15 $88,308,178.89 $26,445,971.15 $296,316,187.19 300 Purchased Professional and Technical Services 329 Professional Educational Services Other 647,350.68 546,246.70 3,059,506.67 4,253,104.05 330 Other Professional Services 5,226,926.68 3,782,076.16 72,606.28 9,081,609.12 390 Other Purchased Professional and Technical Services 1,860.00 140.00 2,000.00 Total Purchased Professional and Technical Services $5,876,137.36 $4,328,462.86 $3,132,112.95 $13,336,713.17 400 Purchased Property Services 410 Cleaning Services 209.25 15.75 225.00 430 Repairs and Maintenance Services 6,168.22 18,629.31 24,797.53 440 Rentals 55,258.34 67,871.00 123,129.34 Total Purchased Property Services $61,635.81 $86,516.06 $148,151.87 500 Other Purchased Services 510 Student Transportation Services 9,688.64 3,253.36 16,800.00 29,742.00 530 Communications 15,790.59 39,873.28 55,663.87 550 Printing and Binding 43,846.15 29,848.83 2,511.00 76,205.98 561 Tuition To Other School Districts Within the State 2,232,679.26 4,744,448.31 6,977,127.57 562 Tuition To Pennsylvania Charter Schools 270,800,533.14 173,134,774.82 443,935,307.96 580 Travel 24,597.88 46,413.47 5,469.02 76,480.37 591 Services Purchased Locally 3,607.78 3,607.78 Total Other Purchased Services $273,127,135.66 $178,002,219.85 $24,780.02 $451,154,135.53 600 Supplies 610 General Supplies 2,938,535.68 1,651,040.38 352,326.26 4,941,902.32 620 Energy 17,116.12 12,394.43 29,510.55 640 Books and Periodicals 4,085,590.44 1,690,188.68 6,621,423.97 12,397,203.09 Total Supplies $7,041,242.24 $3,353,623.49 $6,973,750.23 $17,368,615.96 700 Property 760 Equipment Replacement 3,860,294.63 1,697,551.14 5,090,462.04 10,648,307.81 Total Property $3,860,294.63 $1,697,551.14 $5,090,462.04 $10,648,307.81 800 Other Objects 890 Miscellaneous Expenditures 37,240.43 37,240.43 Page 32

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 5 of 30 1110 Regular Programs Elementary Secondary Federal Total 272,393,346.82 136,417,410.97 37,037,392.85 445,848,150.64 Total Personnel Services Salaries $272,393,346.82 $136,417,410.97 $37,037,392.85 $445,848,150.64 220 Social Security Contributions 20,846,202.39 10,420,795.05 2,839,953.32 34,106,950.76 230 PSERS Retirement Contributions 69,159,096.57 34,606,082.02 9,283,823.39 113,049,001.98 240 Tuition Reimbursement 18,542.19 13,427.11 31,969.30 250 Unemployment Compensation 987,991.67 551,509.84 137,740.07 1,677,241.58 260 Workers Compensation 8,902,480.64 4,311,075.68 1,226,201.35 14,439,757.67 270 Group Insurance Self-Insurance 54,172,524.37 26,099,790.23 6,001,515.37 86,273,829.97 290 Other Current Employee Benefits 27,475,199.32 12,305,498.96 5,219,658.00 45,000,356.28 Total Personnel Services Employee Benefits $181,562,037.15 $88,308,178.89 $24,708,891.50 $294,579,107.54 300 Purchased Professional and Technical Services 329 Professional Educational Services Other 647,350.68 546,246.70 3,049,306.67 4,242,904.05 330 Other Professional Services 5,226,926.68 3,782,076.16 37,606.28 9,046,609.12 390 Other Purchased Professional and Technical Services 1,860.00 140.00 2,000.00 Total Purchased Professional and Technical Services $5,876,137.36 $4,328,462.86 $3,086,912.95 $13,291,513.17 400 Purchased Property Services 410 Cleaning Services 209.25 15.75 225.00 430 Repairs and Maintenance Services 6,168.22 18,629.31 24,797.53 440 Rentals 55,258.34 67,871.00 123,129.34 Total Purchased Property Services $61,635.81 $86,516.06 $148,151.87 500 Other Purchased Services 510 Student Transportation Services 9,688.64 3,253.36 16,800.00 29,742.00 530 Communications 15,790.59 39,873.28 55,663.87 550 Printing and Binding 43,846.15 29,848.83 2,511.00 76,205.98 561 Tuition To Other School Districts Within the State 2,232,679.26 4,744,448.31 6,977,127.57 562 Tuition To Pennsylvania Charter Schools 270,800,533.14 173,134,774.82 443,935,307.96 580 Travel 24,597.88 46,413.47 5,469.02 76,480.37 591 Services Purchased Locally 3,607.78 3,607.78 Total Other Purchased Services $273,127,135.66 $178,002,219.85 $24,780.02 $451,154,135.53 600 Supplies 610 General Supplies 2,938,535.68 1,651,040.38 345,022.85 4,934,598.91 620 Energy 17,116.12 12,394.43 29,510.55 640 Books and Periodicals 4,085,590.44 1,690,188.68 6,468,458.32 12,244,237.44 Total Supplies $7,041,242.24 $3,353,623.49 $6,813,481.17 $17,208,346.90 700 Property 760 Equipment Replacement 3,860,294.63 1,697,551.14 4,819,991.91 10,377,837.68 Total Property $3,860,294.63 $1,697,551.14 $4,819,991.91 $10,377,837.68 800 Other Objects 890 Miscellaneous Expenditures 37,240.43 37,240.43 Page 34

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 6 of 30 1110 Regular Programs Elementary Secondary Federal Total Total Other Objects $37,240.43 $37,240.43 Total 1110 Regular Programs $743,921,829.67 $412,193,963.26 $76,528,690.83 $1,232,644,483.76 Page 35

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 7 of 30 1140 Early Intervening Services Elementary Secondary Federal Total 2,415,128.78 2,415,128.78 Total Personnel Services Salaries $2,415,128.78 $2,415,128.78 220 Social Security Contributions 185,545.68 185,545.68 230 PSERS Retirement Contributions 607,909.20 607,909.20 240 Tuition Reimbursement 1,854.31 1,854.31 250 Unemployment Compensation 6,517.85 6,517.85 260 Workers Compensation 85,132.79 85,132.79 270 Group Insurance Self-Insurance 379,450.05 379,450.05 290 Other Current Employee Benefits 470,669.77 470,669.77 Total Personnel Services Employee Benefits $1,737,079.65 $1,737,079.65 300 Purchased Professional and Technical Services 329 Professional Educational Services Other 10,200.00 10,200.00 330 Other Professional Services 35,000.00 35,000.00 Total Purchased Professional and Technical Services $45,200.00 $45,200.00 600 Supplies 610 General Supplies 7,303.41 7,303.41 640 Books and Periodicals 152,965.65 152,965.65 Total Supplies $160,269.06 $160,269.06 700 Property 760 Equipment Replacement 270,470.13 270,470.13 Total Property $270,470.13 $270,470.13 Total 1140 Early Intervening Services $4,628,147.62 $4,628,147.62 Page 36

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 8 of 30 1200 Special Programs Elementary / Secondary Elementary Secondary Federal Total 48,706.72 300,443.20 43,007.71 392,157.63 Total Personnel Services Salaries $48,706.72 $300,443.20 $43,007.71 $392,157.63 220 Social Security Contributions 3,735.22 23,003.90 3,290.19 30,029.31 230 PSERS Retirement Contributions 12,328.59 75,816.76 11,112.73 99,258.08 240 Tuition Reimbursement 15.22 89.68 14.73 119.63 250 Unemployment Compensation 139.02 821.59 95.53 1,056.14 260 Workers Compensation 1,733.69 10,649.20 1,449.85 13,832.74 270 Group Insurance Self-Insurance 5,996.96 43,458.69 12,438.86 61,894.51 290 Other Current Employee Benefits 5,210.68 31,899.71 4,551.07 41,661.46 Total Personnel Services Employee Benefits $29,159.38 $185,739.53 $32,952.96 $247,851.87 300 Purchased Professional and Technical Services 322 Professional Educational Services Ius 107,521,080.61 125,141,199.59 232,662,280.20 329 Professional Educational Services Other 104,275.00 104,275.00 330 Other Professional Services 181,618.00 181,618.00 Total Purchased Professional and Technical Services $107,521,080.61 $125,427,092.59 $232,948,173.20 500 Other Purchased Services 530 Communications 1,792.01 1,792.01 550 Printing and Binding 253.15 253.15 561 Tuition To Other School Districts Within the State 7,214,402.78 15,330,613.64 22,545,016.42 562 Tuition To Pennsylvania Charter Schools 163,076,502.44 104,262,035.83 267,338,538.27 567 Tuition To Approved Private Schools (APS) and PA Chartered Schools for the Deaf and Blind 4,213,798.46 8,954,321.75 13,168,120.21 580 Travel 57,205.10 57,205.10 594 IU Payment By Withholding for Institutionalized Children s Programs Special Classes 23,932.73 50,857.06 74,789.79 Total Other Purchased Services $174,528,636.41 $128,657,078.54 $303,185,714.95 600 Supplies 640 Books and Periodicals 35,162.50 35,162.50 Total Supplies $35,162.50 $35,162.50 Total 1200 Special Programs Elementary / Secondary $282,127,583.12 $254,605,516.36 $75,960.67 $536,809,060.15 Page 37

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 9 of 30 1230 Emotional Support Elementary Secondary Federal Total 43,007.71 43,007.71 Total Personnel Services Salaries $43,007.71 $43,007.71 220 Social Security Contributions 3,290.19 3,290.19 230 PSERS Retirement Contributions 11,112.73 11,112.73 240 Tuition Reimbursement 14.73 14.73 250 Unemployment Compensation 95.53 95.53 260 Workers Compensation 1,449.85 1,449.85 270 Group Insurance Self-Insurance 12,438.86 12,438.86 290 Other Current Employee Benefits 4,551.07 4,551.07 Total Personnel Services Employee Benefits $32,952.96 $32,952.96 Total 1230 Emotional Support $75,960.67 $75,960.67 Page 38

2015-2016 PDE-2057 Annual Financial Report - 06/30/2016 Fiscal Year End Detail of Governmental Fund Expenditures and Other Financing Uses - (EXP) Printed 11/30/2016 3:01:21 PM Page - 10 of 30 1240 Academic Support Elementary Secondary Federal Total 48,706.72 300,443.20 349,149.92 Total Personnel Services Salaries $48,706.72 $300,443.20 $349,149.92 220 Social Security Contributions 3,735.22 23,003.90 26,739.12 230 PSERS Retirement Contributions 12,328.59 75,816.76 88,145.35 240 Tuition Reimbursement 15.22 89.68 104.90 250 Unemployment Compensation 139.02 821.59 960.61 260 Workers Compensation 1,733.69 10,649.20 12,382.89 270 Group Insurance Self-Insurance 5,996.96 43,458.69 49,455.65 290 Other Current Employee Benefits 5,210.68 31,899.71 37,110.39 Total Personnel Services Employee Benefits $29,159.38 $185,739.53 $214,898.91 300 Purchased Professional and Technical Services 329 Professional Educational Services Other 104,275.00 104,275.00 330 Other Professional Services 181,618.00 181,618.00 Total Purchased Professional and Technical Services $285,893.00 $285,893.00 500 Other Purchased Services 530 Communications 1,792.01 1,792.01 550 Printing and Binding 253.15 253.15 580 Travel 57,205.10 57,205.10 Total Other Purchased Services $59,250.26 $59,250.26 600 Supplies 640 Books and Periodicals 35,162.50 35,162.50 Total Supplies $35,162.50 $35,162.50 Total 1240 Academic Support $77,866.10 $866,488.49 $944,354.59 Page 39