ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING APRIL 30, 2018
EXHIBIT F-III-A
FUND TYPE GENERAL SPECIAL
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES 16,477,165.74 9,523,115.53 (6,954,050.21) - 1,500.00 1,500.00
FEDERAL REVENUES 71,103.00 21,829.30 (49,273.70) 4,230,979.90 2,653,351.49 (1,577,628.41)
LOCAL REVENUES 8,062,025.92 5,639,915.78 (2,422,110.14) 1,182,426.00 714,164.20 (468,261.80)
OTHER SOURCES 170,456.00 32,967.80 (137,488.20) 37,971.00 56,549.58 18,578.58
TOTAL REVENUES 24,780,750.66 15,217,828.41 (9,562,922.25) 5,451,376.90 3,425,565.27 (2,025,811.63)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES 14,687,611.46 8,458,734.88 (6,228,876.58) 2,108,706.57 1,186,251.32 (922,455.25)
INSTRUCTIONAL SUPPORT SERVICES 4,109,990.69 2,312,265.30 (1,797,725.39) 522,113.60 342,770.13 (179,343.47)
OPERATION & MAINTENANCE 1,894,400.00 960,892.28 (933,507.72) 84,813.50 45,944.56 (38,868.94)
AUXILIARY SERVICES 1,000,573.00 615,316.30 (385,256.70) 2,136,989.83 1,390,201.39 (746,788.44)
GENERAL ADMINISTRATIVE SERVICES 1,217,421.42 611,763.61 (605,657.81) 251,322.59 137,142.18 (114,180.41)
CAPITAL OUTLAY 1,024,485.00 519,460.82 (505,024.18) - - -
DEBT SERVICES - - - - - -
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES 942,012.39 558,066.96 (383,945.43) 446,881.64 252,354.77 (194,526.87)
TOTAL EXPENDITURES 24,876,493.96 14,036,500.15 (10,839,993.81) 5,550,827.73 3,354,664.35 (2,196,163.38)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 64,310.00 13,151.53 (51,158.47) 231,692.00 107,527.68 (124,164.32)
OTHER FUND SOURCES 162,769.66 98,728.54 (64,041.12) - - -
OTHER FUND USES (195,480.25) (187,189.56) 8,290.69 (189,772.00) (60,022.84) 129,749.16
TOTAL OTHER FUND SOURCES (USES) 31,599.41 (75,309.49) (106,908.90) 41,920.00 47,504.84 5,584.84
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES (64,143.89) 1,106,018.77 1,170,162.66 (57,530.83) 118,405.76 175,936.59
     
BEGINNING FUND BALANCE 7,057,455.17 7,057,455.17 - 1,207,348.23 1,207,348.23 -
     
ENDING FUND BALANCE 6,993,311.28 8,163,473.94 1,170,162.66 1,149,817.40 1,325,753.99 175,936.59
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING APRIL 30, 2018
EXHIBIT F-III-B
FUND TYPE DEBT SERVICE CAPITAL PROJECTS
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES 819,585.00 598,827.00 (220,758.00) - - -
FEDERAL REVENUES - - - - - -
LOCAL REVENUES 77,046.00 77,046.00 - - - -
OTHER SOURCES 1,438,909.00 - (1,438,909.00) - - -
TOTAL REVENUES 2,335,540.00 675,873.00 (1,659,667.00) - - -
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES - - - 5,556.00 - (5,556.00)
INSTRUCTIONAL SUPPORT SERVICES - - - - - -
OPERATION & MAINTENANCE - - - - - -
AUXILIARY SERVICES - - - - - -
GENERAL ADMINISTRATIVE SERVICES - - - 181,150.50 117,010.16 (64,140.34)
CAPITAL OUTLAY - - - - - -
DEBT SERVICES 2,301,700.67 376,202.12 (1,925,498.55) - - -
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES - - - - - -
TOTAL EXPENDITURES 2,301,700.67 376,202.12 (1,925,498.55) 186,706.50 117,010.16 (69,696.34)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 117,980.25 117,980.25 - 162,664.58 162,664.58 -
OTHER FUND SOURCES - - - - - -
OTHER FUND USES (162,664.58) (162,664.58) - - - -
TOTAL OTHER FUND SOURCES (USES) (44,684.33) (44,684.33) - 162,664.58 162,664.58 -
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES (10,845.00) 254,986.55 265,831.55 (24,041.92) 45,654.42 69,696.34
     
BEGINNING FUND BALANCE 418,867.44 418,867.44 - 29,655.04 29,655.04 -
     
ENDING FUND BALANCE 408,022.44 673,853.99 265,831.55 5,613.12 75,309.46 69,696.34
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING APRIL 30, 2018
EXHIBIT F-III-C
FUND TYPE EXPENDABLE TRUST TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES - - - 17,296,750.74 10,123,442.53 (7,173,308.21)
FEDERAL REVENUES - - - 4,302,082.90 2,675,180.79 (1,626,902.11)
LOCAL REVENUES 656,875.00 347,602.04 (309,272.96) 9,978,372.92 6,778,728.02 (3,199,644.90)
OTHER SOURCES - - - 1,647,336.00 89,517.38 (1,557,818.62)
TOTAL REVENUES 656,875.00 347,602.04 (309,272.96) 33,224,542.56 19,666,868.72 (13,557,673.84)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES 131,200.00 77,444.33 (53,755.67) 16,933,074.03 9,722,430.53 (7,210,643.50)
INSTRUCTIONAL SUPPORT SERVICES 257,685.00 228,170.48 (29,514.52) 4,889,789.29 2,883,205.91 (2,006,583.38)
OPERATION & MAINTENANCE 550.00 336.60 (213.40) 1,979,763.50 1,007,173.44 (972,590.06)
AUXILIARY SERVICES 15,240.00 6,836.75 (8,403.25) 3,152,802.83 2,012,354.44 (1,140,448.39)
GENERAL ADMINISTRATIVE SERVICES - - - 1,649,894.51 865,915.95 (783,978.56)
CAPITAL OUTLAY - - - 1,024,485.00 519,460.82 (505,024.18)
DEBT SERVICES - - - 2,301,700.67 376,202.12 (1,925,498.55)
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES 157,200.00 119,541.24 (37,658.76) 1,546,094.03 929,962.97 (616,131.06)
TOTAL EXPENDITURES 561,875.00 432,329.40 (129,545.60) 33,477,603.86 18,316,706.18 (15,160,897.68)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 36,500.00 1,740.95 (34,759.05) 613,146.83 403,064.99 (210,081.84)
OTHER FUND SOURCES - - - 162,769.66 98,728.54 (64,041.12)
OTHER FUND USES (65,230.00) (6,858.51) 58,371.49 (613,146.83) (416,735.49) 196,411.34
TOTAL OTHER FUND SOURCES (USES) (28,730.00) (5,117.56) 23,612.44 162,769.66 85,058.04 (77,711.62)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES 66,270.00 (89,844.92) (156,114.92) (90,291.64) 1,435,220.58 1,525,512.22
     
BEGINNING FUND BALANCE 384,767.65 384,767.65 - 9,098,093.53 9,098,093.53 -
     
ENDING FUND BALANCE 451,037.65 294,922.73 (156,114.92) 9,007,801.89 10,533,314.11 1,525,512.22