ALEXANDER CITY BOARD OF EDUCATION
COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS
FISCAL PERIOD ENDING APRIL 30, 2019
EXHIBIT F-I-A
Fund Types and Account Groups Governmental Fiduciary Account Groups
General Special Revenue Debt Service Capital Projects Trust F/A & L/T Debt
Assets and Other Debits      
Cash $ 5,672,567.12 $ 769,867.53 $ 219,413.23 $ (68,905.81) $ 535,530.43 $ -
Investments 3,514,960.95 67,757.98 - - - -
Receivables:      
Interfund - - - - - -
Other 4,419.05 593,659.57 - - 216.88 -
Inventories - 80,629.57 - - - -
Other Assets - - - - - -
Fixed Assets - - - - - 42,425,890.87
Other Debits:      
Debt Service - - - - - 419,697.38
Long-Term Debt - - - - - 6,626,695.66
Total Assets and Other Debits $ 9,191,947.12 $ 1,511,914.65 $ 219,413.23 $ (68,905.81) $ 535,747.31 $ 49,472,283.91
Liabilities and Fund Equity
Liabilities
Salaries and Benefits 150,103.55 15,506.78 - - - -
Payroll Taxes - - - - 152,772.81 -
Interfund - - - - - -
Accounts Payable 297,912.01 383,339.52 - 26,805.24 65,864.65 -
Long-Term Liabilities - - - - - 7,046,393.04
Total Liabilities $ 448,015.56 $ 398,846.30 $ - $ 26,805.24 $ 218,637.46 $ 7,046,393.04
   
Fund Equity    
Investment in Gen. Fixed Assets - - - - - 42,425,890.87
Reserved Fund Balance - 80,629.57 - - - -
Unreserved Fund Balance 8,743,931.56 1,032,438.78 219,413.23 (95,711.05) 317,109.85 -
Total Fund Equity $ 8,743,931.56 $ 1,113,068.35 $ 219,413.23 $ (95,711.05) $ 317,109.85 $ 42,425,890.87
   
Total Liabilities and Fund Equity $ 9,191,947.12 $ 1,511,914.65 $ 219,413.23 $ (68,905.81) $ 535,747.31 $ 49,472,283.91
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
ALL GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUNDS
FISCAL PERIOD ENDING APRIL 30, 2019
EXHIBIT F-II-A
FUND TYPE Governmental Fiduciary Total
DESCRIPTION General Special Revenue Debt Service Capital Projects Expendable Trust (Memorandum Only
   
REVENUES:    
STATE REVENUES 10,059,344.84 500.00 74,641.00 - - 10,134,485.84
FEDERAL REVENUES 27,529.35 2,945,511.83 - - - 2,973,041.18
LOCAL REVENUES 5,667,510.74 676,782.39 78,000.00 - 326,253.52 6,748,546.65
OTHER SOURCES 41,863.98 76,779.01 - - - 118,642.99
TOTAL REVENUES $ 15,796,248.91 $ 3,699,573.23 $ 152,641.00 $ - $ 326,253.52 $ 19,974,716.66
   
EXPENDITURES:    
INSTRUCTIONAL SERVICES 8,451,095.37 1,368,963.67 - - 119,118.11 9,939,177.15
INSTRUCTIONAL SUPPORT SERVICES 2,435,641.44 334,857.00 - 26,451.00 143,545.93 2,940,495.37
OPERATION & MAINTENANCE 1,085,604.33 49,958.58 - - - 1,135,562.91
AUXILIARY SERVICES 1,187,310.96 1,613,217.00 - - 9,526.48 2,810,054.44
GENERAL ADMINISTRATIVE SERVICES 643,654.30 134,676.38 - 108,024.41 - 886,355.09
CAPITAL OUTLAY - - - - - -
DEBT SERVICES - - 525,619.51 - - 525,619.51
OTHER EXPENDITURES 478,474.74 247,916.32 - - 88,951.73 815,342.79
TOTAL EXPENDITURES $ 14,281,781.14 $ 3,749,588.95 $ 525,619.51 $ 134,475.41 $ 361,142.25 $ 19,052,607.26
   
OTHER FUND SOURCES (USES):    
TRANSFERS IN & OTHER FUND SOURCES 93,208.97 160,735.19 116,993.24 - 4,378.87 375,316.27
TRANSFERS OUT (219,996.62) (61,367.48) - - (16,221.90) (297,586.00)
TOTAL OTHER FUND SOURCES (USES) $ (126,787.65) $ 99,367.71 $ 116,993.24 $ - $ (11,843.03) $ 77,730.27
   
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES $ 1,387,680.12 $ 49,351.99 $ (255,985.27) $ (134,475.41) $ (46,731.76) $ 999,839.67
   
BEGINNING FUND BALANCE - OCT 1 $ 7,356,251.44 $ 1,063,716.36 $ 475,398.50 $ 38,764.36 $ 363,841.61 $ 9,297,972.27
   
ENDING FUND BALANCE - OCT 31 $ 8,743,931.56 $ 1,113,068.35 $ 219,413.23 $ (95,711.05) $ 317,109.85 $ 10,297,811.94
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING APRIL 30, 2019
EXHIBIT F-III-A
FUND TYPE GENERAL SPECIAL
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES 17,227,319.93 10,059,344.84 (7,167,975.09) 500.00 500.00 -
FEDERAL REVENUES 83,134.00 27,529.35 (55,604.65) 4,441,812.19 2,945,511.83 (1,496,300.36)
LOCAL REVENUES 8,060,168.30 5,667,510.74 (2,392,657.56) 1,094,923.00 676,782.39 (418,140.61)
OTHER SOURCES 170,456.00 41,863.98 (128,592.02) 62,670.00 76,779.01 14,109.01
TOTAL REVENUES 25,541,078.23 15,796,248.91 (9,744,829.32) 5,599,905.19 3,699,573.23 (1,900,331.96)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES 14,922,497.08 8,451,095.37 (6,471,401.71) 2,141,920.15 1,368,963.67 (772,956.48)
INSTRUCTIONAL SUPPORT SERVICES 4,219,070.68 2,435,641.44 (1,783,429.24) 494,413.86 334,857.00 (159,556.86)
OPERATION & MAINTENANCE 2,048,473.50 1,085,604.33 (962,869.17) 84,248.05 49,958.58 (34,289.47)
AUXILIARY SERVICES 1,584,563.50 1,187,310.96 (397,252.54) 2,271,573.00 1,613,217.00 (658,356.00)
GENERAL ADMINISTRATIVE SERVICES 1,324,976.37 643,654.30 (681,322.07) 255,901.21 134,676.38 (121,224.83)
CAPITAL OUTLAY 22,346.04 - (22,346.04) - - -
DEBT SERVICES - - - - - -
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES 912,068.11 478,474.74 (433,593.37) 398,308.18 247,916.32 (150,391.86)
TOTAL EXPENDITURES 25,033,995.28 14,281,781.14 (10,752,214.14) 5,646,364.45 3,749,588.95 (1,896,775.50)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 49,897.00 14,321.88 (35,575.12) 208,750.30 160,735.19 (48,015.11)
OTHER FUND SOURCES 150,742.16 78,887.09 (71,855.07) - - -
OTHER FUND USES (233,643.24) (219,996.62) 13,646.62 (124,020.30) (61,367.48) 62,652.82
TOTAL OTHER FUND SOURCES (USES) (33,004.08) (126,787.65) (93,783.57) 84,730.00 99,367.71 14,637.71
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES 474,078.87 1,387,680.12 913,601.25 38,270.74 49,351.99 11,081.25
     
BEGINNING FUND BALANCE 7,356,251.44 7,356,251.44 - 1,063,716.36 1,063,716.36 -
     
ENDING FUND BALANCE 7,830,330.31 8,743,931.56 913,601.25 1,101,987.10 1,113,068.35 11,081.25
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING APRIL 30, 2019
EXHIBIT F-III-B
FUND TYPE DEBT SERVICE CAPITAL PROJECTS
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES 888,543.00 74,641.00 (813,902.00) - - -
FEDERAL REVENUES - - - - - -
LOCAL REVENUES 78,000.00 78,000.00 - - - -
OTHER SOURCES 1,435,130.00 - (1,435,130.00) - - -
TOTAL REVENUES 2,401,673.00 152,641.00 (2,249,032.00) - - -
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES - - - 26,451.00 - (26,451.00)
INSTRUCTIONAL SUPPORT SERVICES - - - - 26,451.00 26,451.00
OPERATION & MAINTENANCE - - - - - -
AUXILIARY SERVICES - - - - - -
GENERAL ADMINISTRATIVE SERVICES - - - 183,197.95 108,024.41 (75,173.54)
CAPITAL OUTLAY - - - - - -
DEBT SERVICES 2,294,482.56 525,619.51 (1,768,863.05) - - -
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES - - - - - -
TOTAL EXPENDITURES 2,294,482.56 525,619.51 (1,768,863.05) 209,648.95 134,475.41 (75,173.54)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 116,993.24 116,993.24 - 201,962.52 - (201,962.52)
OTHER FUND SOURCES - - - - - -
OTHER FUND USES (201,962.52) - 201,962.52 - - -
TOTAL OTHER FUND SOURCES (USES) (84,969.28) 116,993.24 201,962.52 201,962.52 - (201,962.52)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES 22,221.16 (255,985.27) (278,206.43) (7,686.43) (134,475.41) (126,788.98)
     
BEGINNING FUND BALANCE 475,398.50 475,398.50 - 38,764.36 38,764.36 -
     
ENDING FUND BALANCE 497,619.66 219,413.23 (278,206.43) 31,077.93 (95,711.05) (126,788.98)
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING APRIL 30, 2019
EXHIBIT F-III-C
FUND TYPE EXPENDABLE TRUST TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES - - - 18,116,362.93 10,134,485.84 (7,981,877.09)
FEDERAL REVENUES - - - 4,524,946.19 2,973,041.18 (1,551,905.01)
LOCAL REVENUES 492,165.00 326,253.52 (165,911.48) 9,725,256.30 6,748,546.65 (2,976,709.65)
OTHER SOURCES - - - 1,668,256.00 118,642.99 (1,549,613.01)
TOTAL REVENUES 492,165.00 326,253.52 (165,911.48) 34,034,821.42 19,974,716.66 (14,060,104.76)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES 136,542.00 119,118.11 (17,423.89) 17,227,410.23 9,939,177.15 (7,288,233.08)
INSTRUCTIONAL SUPPORT SERVICES 203,352.00 143,545.93 (59,806.07) 4,916,836.54 2,940,495.37 (1,976,341.17)
OPERATION & MAINTENANCE 50.00 - (50.00) 2,132,771.55 1,135,562.91 (997,208.64)
AUXILIARY SERVICES 12,695.00 9,526.48 (3,168.52) 3,868,831.50 2,810,054.44 (1,058,777.06)
GENERAL ADMINISTRATIVE SERVICES - - - 1,764,075.53 886,355.09 (877,720.44)
CAPITAL OUTLAY - - - 22,346.04 - (22,346.04)
DEBT SERVICES - - - 2,294,482.56 525,619.51 (1,768,863.05)
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES 97,690.00 88,951.73 (8,738.27) 1,408,066.29 815,342.79 (592,723.50)
TOTAL EXPENDITURES 450,329.00 361,142.25 (89,186.75) 33,634,820.24 19,052,607.26 (14,582,212.98)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 20,500.00 4,378.87 (16,121.13) 598,103.06 296,429.18 (301,673.88)
OTHER FUND SOURCES - - - 150,742.16 78,887.09 (71,855.07)
OTHER FUND USES (38,477.00) (16,221.90) 22,255.10 (598,103.06) (297,586.00) 300,517.06
TOTAL OTHER FUND SOURCES (USES) (17,977.00) (11,843.03) 6,133.97 150,742.16 77,730.27 (73,011.89)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES 23,859.00 (46,731.76) (70,590.76) 550,743.34 999,839.67 449,096.33
     
BEGINNING FUND BALANCE 363,841.61 363,841.61 - 9,297,972.27 9,297,972.27 -
     
ENDING FUND BALANCE 387,700.61 317,109.85 (70,590.76) 9,848,715.61 10,297,811.94 449,096.33