ALEXANDER CITY BOARD OF EDUCATION

COMBINED BUDGET FOR REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES - AMENDMENT #1

GOVERNMENTAL AND EXPENDABLE TRUST FUNDS

FISCAL YEAR ENDED SEPTEMBER 30, 2019

EXHIBIT B-I-A

FUND TYPES

GOVERNMENTAL

FIDUCIARY

TOTAL

DESCRIPTION

GENERAL

SPECIAL REVENUE

DEBT SERVICE

CAPITAL PROJECTS

EXPENDABLE TRUST

(Memorandum Only)

REVENUES

State Revenues

17,234,232.93

500.00

888,543.00

18,123,275.93

Federal Revenues

83,134.00

4,436,065.45

4,519,199.45

Local Revenues

8,068,114.36

1,094,923.00

78,000.00

492,165.00

9,733,202.36

Other Revenues

170,456.00

62,670.00

1,435,130.00

1,668,256.00

TOTAL REVENUES

25,555,937.29

5,594,158.45

2,401,673.00

492,165.00

34,043,933.74

EXPENDITURES

Instructional Services

15,010,422.22

2,138,408.23

26,451.00

136,542.00

17,311,823.45

Instructional Support Services

4,188,361.68

512,311.91

203,352.00

4,904,025.59

Operation & Maintenance

2,016,802.49

71,150.00

50.00

2,088,002.49

Auxiliary Services

1,591,901.50

2,263,073.00

12,695.00

3,867,669.50

General Administrative Services

1,316,497.23

256,025.13

183,197.95

1,755,720.31

Capital Outlay

22,346.04

Debt Services

2,294,482.56

Other Expenditures

910,718.11

396,596.18

97,690.00

1,405,004.29

TOTAL EXPENDITURES

25,057,049.27

5,637,564.45

2,294,482.56

209,648.95

450,329.00

33,649,074.23

OTHER FINANCING SOURCES (USES):

Transfers In & Other Fund Sources

200,763.08

195,588.00

116,993.24

201,962.52

20,500.00

735,806.84

Transfers Out

(228,643.24)

(122,958.00)

(201,962.52)

(38,477.00)

(592,040.76)

Other Fund Uses

TOTAL OTHER FINANCING SOURCES (USES):

(27,880.16)

72,630.00

(84,969.28)

201,962.52

(17,977.00)

143,766.08

EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER USES

471,007.86

29,224.00

22,221.16

(7,686.43)

23,859.00

538,625.59

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 - SEPT 30

7,827,259.30

1,092,940.36

497,619.66

31,077.93

387,700.61

9,836,597.86

PROJECTED MONTHS RESERVE

3.71