| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS | |||||||||||||||
| FISCAL PERIOD ENDING AUGUST 31, 2013 | |||||||||||||||
| 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 | $ 3,730,672.66 | $ 776,802.22 | $ 46,725.57 | $ 601,346.88 | $ 344,707.97 | $ - | |||||||||
| Investments | - | 125,731.15 | - | - | 1,375.12 | - | |||||||||
| Receivables: | |||||||||||||||
| Interfund | - | - | - | - | - | - | |||||||||
| Other | 158,966.48 | 244,702.33 | - | - | (1,463.28) | - | |||||||||
| Inventories | - | 55,788.88 | - | - | - | - | |||||||||
| Other Assets | - | - | - | - | - | - | |||||||||
| Fixed Assets | - | - | - | - | - | 35,107,201.46 | |||||||||
| Other Debits: | |||||||||||||||
| Debt Service | - | - | - | - | - | 50,913.84 | |||||||||
| Long-Term Debt | - | - | - | - | - | 4,464,133.41 | |||||||||
| Total Assets and Other Debits | $ 3,889,639.14 | $ 1,203,024.58 | $ 46,725.57 | $ 601,346.88 | $ 344,619.81 | $ 39,622,248.71 | |||||||||
| Liabilities and Fund Equity | |||||||||||||||
| Liabilities | |||||||||||||||
| Salaries and Benefits | 10,998.32 | - | - | - | - | - | |||||||||
| Payroll Taxes | 56,118.54 | - | - | - | - | - | |||||||||
| Interfund | - | - | - | - | - | - | |||||||||
| Accounts Payable | 169,344.06 | 233,300.05 | - | - | 29,502.60 | - | |||||||||
| Long-Term Liabilities | - | - | - | - | - | 4,515,047.25 | |||||||||
| Total Liabilities | $ 236,460.92 | $ 233,300.05 | $ - | $ - | $ 29,502.60 | $ 4,515,047.25 | |||||||||
| Fund Equity | |||||||||||||||
| Investment in Gen. Fixed Assets | - | - | - | - | - | 35,107,201.46 | |||||||||
| Reserved Fund Balance | 120,000.00 | 55,788.88 | - | - | - | - | |||||||||
| Unreserved Fund Balance | 3,533,178.22 | 913,935.65 | 46,725.57 | 601,346.88 | 315,117.21 | - | |||||||||
| Total Fund Equity | $ 3,653,178.22 | $ 969,724.53 | $ 46,725.57 | $ 601,346.88 | $ 315,117.21 | $ 35,107,201.46 | |||||||||
| Total Liabilities and Fund Equity | $ 3,889,639.14 | $ 1,203,024.58 | $ 46,725.57 | $ 601,346.88 | $ 344,619.81 | $ 39,622,248.71 | |||||||||
| 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 AUGUST 31, 2013 | |||||||||||||||
| EXHIBIT F-II-A | |||||||||||||||
| FUND TYPE | Governmental | Fiduciary | Total | ||||||||||||
| DESCRIPTION | General | Special Revenue | Debt Service | Capital Projects | Expendable Trust | (Memorandum Only | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | 14,121,966.12 | 9,400.00 | 596,848.00 | 117,092.84 | - | 14,845,306.96 | |||||||||
| FEDERAL REVENUES | 32,529.63 | 3,098,952.88 | - | - | - | 3,131,482.51 | |||||||||
| LOCAL REVENUES | 5,416,547.67 | 1,114,892.54 | - | - | 654,943.01 | 7,186,383.22 | |||||||||
| OTHER SOURCES | 74,258.38 | 68,510.48 | 720,908.00 | - | - | 863,676.86 | |||||||||
| TOTAL REVENUES | $ 19,645,301.80 | $ 4,291,755.90 | $ 1,317,756.00 | $ 117,092.84 | $ 654,943.01 | $ 26,026,849.55 | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 12,283,301.90 | 1,561,987.08 | - | - | 192,260.94 | 14,037,549.92 | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 3,297,829.91 | 379,339.99 | - | 5,152.00 | 379,477.78 | 4,061,799.68 | |||||||||
| OPERATION & MAINTENANCE | 1,663,568.89 | 103,748.66 | - | 126,553.89 | 16,736.86 | 1,910,608.30 | |||||||||
| AUXILIARY SERVICES | 909,365.34 | 1,478,975.07 | - | - | 9,513.34 | 2,397,853.75 | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | 781,742.44 | 106,641.79 | - | 301,750.78 | - | 1,190,135.01 | |||||||||
| CAPITAL OUTLAY | - | - | - | 337,567.90 | - | 337,567.90 | |||||||||
| DEBT SERVICES | - | - | 1,016,895.88 | 87,402.26 | - | 1,104,298.14 | |||||||||
| OTHER EXPENDITURES | 105,552.96 | 565,562.03 | - | - | 50,344.58 | 721,459.57 | |||||||||
| TOTAL EXPENDITURES | $ 19,041,361.44 | $ 4,196,254.62 | $ 1,016,895.88 | $ 858,426.83 | $ 648,333.50 | $ 25,761,272.27 | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN & OTHER FUND SOURCES | 85,507.45 | 81,521.39 | - | 754,266.88 | 22,966.71 | 944,262.43 | |||||||||
| TRANSFERS OUT | (12,200.75) | (104,861.67) | (305,048.39) | - | (44,698.56) | (466,809.37) | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | $ 73,306.70 | $ (23,340.28) | $ (305,048.39) | $ 754,266.88 | $ (21,731.85) | $ 477,453.06 | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | $ 677,247.06 | $ 72,161.00 | $ (4,188.27) | $ 12,932.89 | $ (15,122.34) | $ 743,030.34 | |||||||||
| BEGINNING FUND BALANCE - OCT 1 | $ 2,975,931.16 | $ 897,563.53 | $ 50,913.84 | $ 588,413.99 | $ 330,239.55 | $ 4,843,062.07 | |||||||||
| ENDING FUND BALANCE - OCT 31 | $ 3,653,178.22 | $ 969,724.53 | $ 46,725.57 | $ 601,346.88 | $ 315,117.21 | $ 5,586,092.41 | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING AUGUST 31, 2013 | |||||||||||||||
| EXHIBIT F-III-A | |||||||||||||||
| FUND TYPE | GENERAL | SPECIAL | |||||||||||||
| DESCRIPTION | BUDGET | ACTUAL | VARIANCE | BUDGET | ACTUAL | VARIANCE | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | 15,403,483.00 | 14,121,966.12 | (1,281,516.88) | 200.00 | 9,400.00 | 9,200.00 | |||||||||
| FEDERAL REVENUES | 45,366.00 | 32,529.63 | (12,836.37) | 3,267,389.08 | 3,098,952.88 | (168,436.20) | |||||||||
| LOCAL REVENUES | 5,631,740.00 | 5,416,547.67 | (215,192.33) | 1,287,202.00 | 1,114,892.54 | (172,309.46) | |||||||||
| OTHER SOURCES | 145,088.00 | 74,258.38 | (70,829.62) | 52,500.00 | 68,510.48 | 16,010.48 | |||||||||
| TOTAL REVENUES | 21,225,677.00 | 19,645,301.80 | (1,580,375.20) | 4,607,291.08 | 4,291,755.90 | (315,535.18) | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 13,562,594.49 | 12,283,301.90 | (1,279,292.59) | 1,759,260.38 | 1,561,987.08 | (197,273.30) | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 3,606,314.00 | 3,297,829.91 | (308,484.09) | 378,692.60 | 379,339.99 | 647.39 | |||||||||
| OPERATION & MAINTENANCE | 2,009,854.00 | 1,663,568.89 | (346,285.11) | 60,600.00 | 103,748.66 | 43,148.66 | |||||||||
| AUXILIARY SERVICES | 975,115.00 | 909,365.34 | (65,749.66) | 1,643,276.38 | 1,478,975.07 | (164,301.31) | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | 870,663.00 | 781,742.44 | (88,920.56) | 136,357.59 | 106,641.79 | (29,715.80) | |||||||||
| CAPITAL OUTLAY | - | - | - | - | - | - | |||||||||
| DEBT SERVICES | - | - | - | - | - | - | |||||||||
| PRINCIPAL | |||||||||||||||
| INTEREST | |||||||||||||||
| OTHER EXPENDITURES | 118,581.00 | 105,552.96 | (13,028.04) | 512,050.13 | 565,562.03 | 53,511.90 | |||||||||
| TOTAL EXPENDITURES | 21,143,121.49 | 19,041,361.44 | (2,101,760.05) | 4,490,237.08 | 4,196,254.62 | (293,982.46) | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN | 99,829.00 | 59,572.87 | (40,256.13) | 105,744.00 | 74,121.39 | (31,622.61) | |||||||||
| OTHER FUND SOURCES | 48,229.59 | 25,934.58 | (22,295.01) | - | 7,400.00 | 7,400.00 | |||||||||
| OTHER FUND USES | (12,168.00) | (12,200.75) | (32.75) | (170,394.00) | (104,861.67) | 65,532.33 | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | 135,890.59 | 73,306.70 | (62,583.89) | (64,650.00) | (23,340.28) | 41,309.72 | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | 218,446.10 | 677,247.06 | 458,800.96 | 52,404.00 | 72,161.00 | 19,757.00 | |||||||||
| BEGINNING FUND BALANCE | 2,976,310.45 | 2,975,931.16 | (379.29) | 888,616.15 | 897,563.53 | 8,947.38 | |||||||||
| ENDING FUND BALANCE | 3,194,756.55 | 3,653,178.22 | 458,421.67 | 941,020.15 | 969,724.53 | 28,704.38 | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING AUGUST 31, 2013 | |||||||||||||||
| EXHIBIT F-III-B | |||||||||||||||
| FUND TYPE | DEBT SERVICE | CAPITAL PROJECTS | |||||||||||||
| DESCRIPTION | BUDGET | ACTUAL | VARIANCE | BUDGET | ACTUAL | VARIANCE | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | 746,060.00 | 596,848.00 | (149,212.00) | 117,092.84 | 117,092.84 | - | |||||||||
| FEDERAL REVENUES | - | - | - | - | - | - | |||||||||
| LOCAL REVENUES | - | - | - | - | - | - | |||||||||
| OTHER SOURCES | 1,441,816.00 | 720,908.00 | (720,908.00) | - | - | - | |||||||||
| TOTAL REVENUES | 2,187,876.00 | 1,317,756.00 | (870,120.00) | 117,092.84 | 117,092.84 | - | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | - | - | - | - | - | - | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | - | - | - | 5,152.00 | 5,152.00 | - | |||||||||
| OPERATION & MAINTENANCE | - | - | - | 17,943.30 | 126,553.89 | 108,610.59 | |||||||||
| AUXILIARY SERVICES | - | - | - | - | - | - | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | - | - | - | 325,023.82 | 301,750.78 | (23,273.04) | |||||||||
| CAPITAL OUTLAY | - | - | - | - | 337,567.90 | 337,567.90 | |||||||||
| DEBT SERVICES | 1,882,827.61 | 1,016,895.88 | (865,931.73) | 87,403.00 | 87,402.26 | (0.74) | |||||||||
| PRINCIPAL | |||||||||||||||
| INTEREST | |||||||||||||||
| OTHER EXPENDITURES | - | - | - | - | - | - | |||||||||
| TOTAL EXPENDITURES | 1,882,827.61 | 1,016,895.88 | (865,931.73) | 435,522.12 | 858,426.83 | 422,904.71 | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN | - | - | - | 305,048.39 | 305,048.39 | - | |||||||||
| OTHER FUND SOURCES | - | - | - | - | 449,218.49 | 449,218.49 | |||||||||
| OTHER FUND USES | (305,048.39) | (305,048.39) | - | - | - | - | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | (305,048.39) | (305,048.39) | - | 305,048.39 | 754,266.88 | 449,218.49 | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | - | (4,188.27) | (4,188.27) | (13,380.89) | 12,932.89 | 26,313.78 | |||||||||
| BEGINNING FUND BALANCE | 50,913.84 | 50,913.84 | - | 588,413.99 | 588,413.99 | - | |||||||||
| ENDING FUND BALANCE | 50,913.84 | 46,725.57 | (4,188.27) | 575,033.10 | 601,346.88 | 26,313.78 | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING AUGUST 31, 2013 | |||||||||||||||
| EXHIBIT F-III-C | |||||||||||||||
| FUND TYPE | EXPENDABLE TRUST | TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS | |||||||||||||
| DESCRIPTION | BUDGET | ACTUAL | VARIANCE | BUDGET | ACTUAL | VARIANCE | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | - | - | - | 16,266,835.84 | 14,845,306.96 | (1,421,528.88) | |||||||||
| FEDERAL REVENUES | - | - | - | 3,312,755.08 | 3,131,482.51 | (181,272.57) | |||||||||
| LOCAL REVENUES | 624,900.00 | 654,943.01 | 30,043.01 | 7,543,842.00 | 7,186,383.22 | (357,458.78) | |||||||||
| OTHER SOURCES | - | - | - | 1,639,404.00 | 863,676.86 | (775,727.14) | |||||||||
| TOTAL REVENUES | 624,900.00 | 654,943.01 | 30,043.01 | 28,762,836.92 | 26,026,849.55 | (2,735,987.37) | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 272,600.00 | 192,260.94 | (80,339.06) | 15,594,454.87 | 14,037,549.92 | (1,556,904.95) | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 235,000.00 | 379,477.78 | 144,477.78 | 4,225,158.60 | 4,061,799.68 | (163,358.92) | |||||||||
| OPERATION & MAINTENANCE | 800.00 | 16,736.86 | 15,936.86 | 2,089,197.30 | 1,910,608.30 | (178,589.00) | |||||||||
| AUXILIARY SERVICES | 16,000.00 | 9,513.34 | (6,486.66) | 2,634,391.38 | 2,397,853.75 | (236,537.63) | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | - | - | - | 1,332,044.41 | 1,190,135.01 | (141,909.40) | |||||||||
| CAPITAL OUTLAY | - | - | - | - | 337,567.90 | 337,567.90 | |||||||||
| DEBT SERVICES | - | - | - | 1,970,230.61 | 1,104,298.14 | (865,932.47) | |||||||||
| PRINCIPAL | |||||||||||||||
| INTEREST | |||||||||||||||
| OTHER EXPENDITURES | 24,200.00 | 50,344.58 | 26,144.58 | 654,831.13 | 721,459.57 | 66,628.44 | |||||||||
| TOTAL EXPENDITURES | 548,600.00 | 648,333.50 | 99,733.50 | 28,500,308.30 | 25,761,272.27 | (2,739,036.03) | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN | 20,000.00 | 22,966.71 | 2,966.71 | 530,621.39 | 461,709.36 | (68,912.03) | |||||||||
| OTHER FUND SOURCES | - | - | - | 48,229.59 | 482,553.07 | 434,323.48 | |||||||||
| OTHER FUND USES | (43,011.00) | (44,698.56) | (1,687.56) | (530,621.39) | (466,809.37) | 63,812.02 | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | (23,011.00) | (21,731.85) | 1,279.15 | 48,229.59 | 477,453.06 | 429,223.47 | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | 53,289.00 | (15,122.34) | (68,411.34) | 310,758.21 | 743,030.34 | 432,272.13 | |||||||||
| BEGINNING FUND BALANCE | 330,239.55 | 330,239.55 | - | 4,834,493.98 | 4,843,062.07 | 8,568.09 | |||||||||
| ENDING FUND BALANCE | 383,528.55 | 315,117.21 | (68,411.34) | 5,145,252.19 | 5,586,092.41 | 440,840.22 | |||||||||