| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS | |||||||||||||||
| FISCAL PERIOD ENDING NOVEMBER 30, 2015 | |||||||||||||||
| 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 | $ 4,511,385.76 | $ 869,631.47 | $ 115,201.12 | $ 28,642.22 | $ 389,134.99 | $ - | |||||||||
| Investments | - | 76,678.94 | - | - | 2,014.95 | - | |||||||||
| Receivables: | |||||||||||||||
| Interfund | - | - | - | - | - | - | |||||||||
| Other | 26,619.16 | 293,633.64 | - | - | 28,810.52 | - | |||||||||
| Inventories | - | 61,128.77 | - | - | - | - | |||||||||
| Other Assets | - | - | - | - | - | - | |||||||||
| Fixed Assets | - | - | - | - | - | 36,044,151.76 | |||||||||
| Other Debits: | |||||||||||||||
| Debt Service | - | - | - | - | - | 224,740.91 | |||||||||
| Long-Term Debt | - | - | - | - | - | 3,589,692.64 | |||||||||
| Total Assets and Other Debits | $ 4,538,004.92 | $ 1,301,072.82 | $ 115,201.12 | $ 28,642.22 | $ 419,960.46 | $ 39,858,585.31 | |||||||||
| Liabilities and Fund Equity | |||||||||||||||
| Liabilities | |||||||||||||||
| Salaries and Benefits | 43.43 | 7.64 | - | - | - | - | |||||||||
| Payroll Taxes | - | - | - | - | 46,117.82 | - | |||||||||
| Interfund | - | - | - | - | - | - | |||||||||
| Accounts Payable | 457,488.09 | 256,167.26 | - | - | 47,811.15 | - | |||||||||
| Long-Term Liabilities | - | - | - | - | - | 3,814,433.55 | |||||||||
| Total Liabilities | $ 457,531.52 | $ 256,174.90 | $ - | $ - | $ 93,928.97 | $ 3,814,433.55 | |||||||||
| Fund Equity | |||||||||||||||
| Investment in Gen. Fixed Assets | - | - | - | - | - | 36,044,151.76 | |||||||||
| Reserved Fund Balance | 250,000.00 | 61,128.77 | - | - | - | - | |||||||||
| Unreserved Fund Balance | 3,830,473.40 | 983,769.15 | 115,201.12 | 28,642.22 | 326,031.49 | - | |||||||||
| Total Fund Equity | $ 4,080,473.40 | $ 1,044,897.92 | $ 115,201.12 | $ 28,642.22 | $ 326,031.49 | $ 36,044,151.76 | |||||||||
| Total Liabilities and Fund Equity | $ 4,538,004.92 | $ 1,301,072.82 | $ 115,201.12 | $ 28,642.22 | $ 419,960.46 | $ 39,858,585.31 | |||||||||
| 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 NOVEMBER 30, 2015 | |||||||||||||||
| EXHIBIT F-II-A | |||||||||||||||
| FUND TYPE | Governmental | Fiduciary | Total | ||||||||||||
| DESCRIPTION | General | Special Revenue | Debt Service | Capital Projects | Expendable Trust | (Memorandum Only | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | 2,687,150.35 | - | - | 23,402.00 | - | 2,710,552.35 | |||||||||
| FEDERAL REVENUES | 60.00 | 647,833.50 | - | - | - | 647,893.50 | |||||||||
| LOCAL REVENUES | 1,192,509.45 | 243,180.84 | - | - | 97,678.34 | 1,533,368.63 | |||||||||
| OTHER SOURCES | 14,228.03 | - | - | - | - | 14,228.03 | |||||||||
| TOTAL REVENUES | $ 3,893,947.83 | $ 891,014.34 | $ - | $ 23,402.00 | $ 97,678.34 | $ 4,906,042.51 | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 2,313,579.12 | 270,586.10 | - | - | 34,285.52 | 2,618,450.74 | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 613,164.74 | 98,224.49 | - | - | 28,063.46 | 739,452.69 | |||||||||
| OPERATION & MAINTENANCE | 285,696.31 | 33,024.84 | - | - | - | 318,721.15 | |||||||||
| AUXILIARY SERVICES | 187,949.69 | 340,672.04 | - | - | - | 528,621.73 | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | 364,068.89 | 24,134.87 | - | 75,577.15 | - | 463,780.91 | |||||||||
| CAPITAL OUTLAY | 134,681.25 | - | - | - | - | 134,681.25 | |||||||||
| DEBT SERVICES | - | - | 100,868.79 | 1,840.00 | - | 102,708.79 | |||||||||
| OTHER EXPENDITURES | 136,561.95 | 76,844.59 | - | - | 28,276.02 | 241,682.56 | |||||||||
| TOTAL EXPENDITURES | $ 4,035,701.95 | $ 843,486.93 | $ 100,868.79 | $ 77,417.15 | $ 90,625.00 | $ 5,148,099.82 | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN & OTHER FUND SOURCES | 18,197.61 | 67,771.87 | - | - | 1,022.85 | 86,992.33 | |||||||||
| TRANSFERS OUT | (54,575.01) | (21,015.57) | - | - | (976.26) | (76,566.84) | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | $ (36,377.40) | $ 46,756.30 | $ - | $ - | $ 46.59 | $ 10,425.49 | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | $ (178,131.52) | $ 94,283.71 | $ (100,868.79) | $ (54,015.15) | $ 7,099.93 | $ (231,631.82) | |||||||||
| BEGINNING FUND BALANCE - OCT 1 | $ 4,258,604.92 | $ 950,614.21 | $ 216,069.91 | $ 82,657.37 | $ 318,931.56 | $ 5,826,877.97 | |||||||||
| ENDING FUND BALANCE - OCT 31 | $ 4,080,473.40 | $ 1,044,897.92 | $ 115,201.12 | $ 28,642.22 | $ 326,031.49 | $ 5,595,246.15 | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING NOVEMBER 30, 2015 | |||||||||||||||
| EXHIBIT F-III-A | |||||||||||||||
| FUND TYPE | GENERAL | SPECIAL | |||||||||||||
| DESCRIPTION | BUDGET | ACTUAL | VARIANCE | BUDGET | ACTUAL | VARIANCE | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | 15,974,895.02 | 2,687,150.35 | (13,287,744.67) | 500.00 | - | (500.00) | |||||||||
| FEDERAL REVENUES | 65,467.00 | 60.00 | (65,407.00) | 3,722,694.06 | 647,833.50 | (3,074,860.56) | |||||||||
| LOCAL REVENUES | 7,538,596.24 | 1,192,509.45 | (6,346,086.79) | 1,251,536.00 | 243,180.84 | (1,008,355.16) | |||||||||
| OTHER SOURCES | 160,118.00 | 14,228.03 | (145,889.97) | 58,842.00 | - | (58,842.00) | |||||||||
| TOTAL REVENUES | 23,739,076.26 | 3,893,947.83 | (19,845,128.43) | 5,033,572.06 | 891,014.34 | (4,142,557.72) | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 14,274,747.43 | 2,313,579.12 | (11,961,168.31) | 2,143,999.06 | 270,586.10 | (1,873,412.96) | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 3,737,974.75 | 613,164.74 | (3,124,810.01) | 456,832.17 | 98,224.49 | (358,607.68) | |||||||||
| OPERATION & MAINTENANCE | 1,900,393.00 | 285,696.31 | (1,614,696.69) | 82,175.00 | 33,024.84 | (49,150.16) | |||||||||
| AUXILIARY SERVICES | 1,059,675.00 | 187,949.69 | (871,725.31) | 1,845,133.00 | 340,672.04 | (1,504,460.96) | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | 1,286,721.39 | 364,068.89 | (922,652.50) | 146,530.27 | 24,134.87 | (122,395.40) | |||||||||
| CAPITAL OUTLAY | 156,000.00 | 134,681.25 | (21,318.75) | - | - | - | |||||||||
| DEBT SERVICES | - | - | - | - | - | - | |||||||||
| PRINCIPAL | |||||||||||||||
| INTEREST | |||||||||||||||
| OTHER EXPENDITURES | 750,940.16 | 136,561.95 | (614,378.21) | 296,713.06 | 76,844.59 | (219,868.47) | |||||||||
| TOTAL EXPENDITURES | 23,166,451.73 | 4,035,701.95 | (19,130,749.78) | 4,971,382.56 | 843,486.93 | (4,127,895.63) | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN | 142,797.00 | 2,112.61 | (140,684.39) | 210,724.19 | 67,771.87 | (142,952.32) | |||||||||
| OTHER FUND SOURCES | 120,110.00 | 16,085.00 | (104,025.00) | - | - | - | |||||||||
| OTHER FUND USES | (138,574.28) | (54,575.01) | 83,999.27 | (193,555.00) | (21,015.57) | 172,539.43 | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | 124,332.72 | (36,377.40) | (160,710.12) | 17,169.19 | 46,756.30 | 29,587.11 | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | 696,957.25 | (178,131.52) | (875,088.77) | 79,358.69 | 94,283.71 | 14,925.02 | |||||||||
| BEGINNING FUND BALANCE | 4,258,604.92 | 4,258,604.92 | - | 950,614.21 | 950,614.21 | - | |||||||||
| ENDING FUND BALANCE | 4,955,562.17 | 4,080,473.40 | (875,088.77) | 1,029,972.90 | 1,044,897.92 | 14,925.02 | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING NOVEMBER 30, 2015 | |||||||||||||||
| EXHIBIT F-III-B | |||||||||||||||
| FUND TYPE | DEBT SERVICE | CAPITAL PROJECTS | |||||||||||||
| DESCRIPTION | BUDGET | ACTUAL | VARIANCE | BUDGET | ACTUAL | VARIANCE | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | 734,338.00 | - | (734,338.00) | 140,412.00 | 23,402.00 | (117,010.00) | |||||||||
| FEDERAL REVENUES | - | - | - | - | - | - | |||||||||
| LOCAL REVENUES | - | - | - | - | - | - | |||||||||
| OTHER SOURCES | 1,436,185.00 | - | (1,436,185.00) | - | - | - | |||||||||
| TOTAL REVENUES | 2,170,523.00 | - | (2,170,523.00) | 140,412.00 | 23,402.00 | (117,010.00) | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | - | - | - | - | - | - | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | - | - | - | 49,395.48 | - | (49,395.48) | |||||||||
| OPERATION & MAINTENANCE | - | - | - | 51,000.00 | - | (51,000.00) | |||||||||
| AUXILIARY SERVICES | - | - | - | - | - | - | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | - | - | - | 178,413.08 | 75,577.15 | (102,835.93) | |||||||||
| CAPITAL OUTLAY | - | - | - | - | - | - | |||||||||
| DEBT SERVICES | 1,888,402.44 | 100,868.79 | (1,787,533.65) | 144,885.21 | 1,840.00 | (143,045.21) | |||||||||
| PRINCIPAL | |||||||||||||||
| INTEREST | |||||||||||||||
| OTHER EXPENDITURES | - | - | - | - | - | - | |||||||||
| TOTAL EXPENDITURES | 1,888,402.44 | 100,868.79 | (1,787,533.65) | 423,693.77 | 77,417.15 | (346,276.62) | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN | - | - | - | 282,120.56 | - | (282,120.56) | |||||||||
| OTHER FUND SOURCES | - | - | - | - | - | - | |||||||||
| OTHER FUND USES | (282,120.56) | - | 282,120.56 | - | - | - | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | (282,120.56) | - | 282,120.56 | 282,120.56 | - | (282,120.56) | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | - | (100,868.79) | (100,868.79) | (1,161.21) | (54,015.15) | (52,853.94) | |||||||||
| BEGINNING FUND BALANCE | 216,069.91 | 216,069.91 | - | 82,657.37 | 82,657.37 | - | |||||||||
| ENDING FUND BALANCE | 216,069.91 | 115,201.12 | (100,868.79) | 81,496.16 | 28,642.22 | (52,853.94) | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING NOVEMBER 30, 2015 | |||||||||||||||
| EXHIBIT F-III-C | |||||||||||||||
| FUND TYPE | EXPENDABLE TRUST | TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS | |||||||||||||
| DESCRIPTION | BUDGET | ACTUAL | VARIANCE | BUDGET | ACTUAL | VARIANCE | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | - | - | - | 16,850,145.02 | 2,710,552.35 | (14,139,592.67) | |||||||||
| FEDERAL REVENUES | - | - | - | 3,788,161.06 | 647,893.50 | (3,140,267.56) | |||||||||
| LOCAL REVENUES | 612,707.00 | 97,678.34 | (515,028.66) | 9,402,839.24 | 1,533,368.63 | (7,869,470.61) | |||||||||
| OTHER SOURCES | - | - | - | 1,655,145.00 | 14,228.03 | (1,640,916.97) | |||||||||
| TOTAL REVENUES | 612,707.00 | 97,678.34 | (515,028.66) | 31,696,290.32 | 4,906,042.51 | (26,790,247.81) | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 152,854.00 | 34,285.52 | (118,568.48) | 16,571,600.49 | 2,618,450.74 | (13,953,149.75) | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 364,527.00 | 28,063.46 | (336,463.54) | 4,608,729.40 | 739,452.69 | (3,869,276.71) | |||||||||
| OPERATION & MAINTENANCE | 850.00 | - | (850.00) | 2,034,418.00 | 318,721.15 | (1,715,696.85) | |||||||||
| AUXILIARY SERVICES | 38,131.00 | - | (38,131.00) | 2,942,939.00 | 528,621.73 | (2,414,317.27) | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | - | - | - | 1,611,664.74 | 463,780.91 | (1,147,883.83) | |||||||||
| CAPITAL OUTLAY | - | - | - | 156,000.00 | 134,681.25 | (21,318.75) | |||||||||
| DEBT SERVICES | - | - | - | 2,033,287.65 | 102,708.79 | (1,930,578.86) | |||||||||
| PRINCIPAL | |||||||||||||||
| INTEREST | |||||||||||||||
| OTHER EXPENDITURES | 193,405.00 | 28,276.02 | (165,128.98) | 1,241,058.22 | 241,682.56 | (999,375.66) | |||||||||
| TOTAL EXPENDITURES | 749,767.00 | 90,625.00 | (659,142.00) | 31,199,697.50 | 5,148,099.82 | (26,051,597.68) | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN | 20,000.00 | 1,022.85 | (18,977.15) | 655,641.75 | 70,907.33 | (584,734.42) | |||||||||
| OTHER FUND SOURCES | - | - | - | 120,110.00 | 16,085.00 | (104,025.00) | |||||||||
| OTHER FUND USES | (40,814.00) | (976.26) | 39,837.74 | (655,063.84) | (76,566.84) | 578,497.00 | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | (20,814.00) | 46.59 | 20,860.59 | 120,687.91 | 10,425.49 | (110,262.42) | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | (157,874.00) | 7,099.93 | 164,973.93 | 617,280.73 | (231,631.82) | (848,912.55) | |||||||||
| BEGINNING FUND BALANCE | 318,931.56 | 318,931.56 | - | 5,826,877.97 | 5,826,877.97 | - | |||||||||
| ENDING FUND BALANCE | 161,057.56 | 326,031.49 | 164,973.93 | 6,444,158.70 | 5,595,246.15 | (848,912.55) | |||||||||