ALEXANDER CITY BOARD OF EDUCATION 
COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS
FISCAL PERIOD ENDING SEPTEMBR 30, 2014
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  $   3,769,683.17  $      384,227.63  $      168,082.08  $       103,983.59  $       304,713.60  $                    -  
Investments                       -            126,339.85                       -                          -                2,014.95                        -  
Receivables:      
         Interfund                       -                         -                         -                          -                          -                          -  
         Other          181,158.17          438,605.35             9,522.00                        -               17,097.44                        -  
Inventories                       -              52,854.39                       -                          -                          -                          -  
Other Assets                       -                         -                         -                          -                          -                          -  
Fixed Assets                       -                         -                         -                          -                          -        35,779,227.99
Other Debits:      
         Debt Service                       -                         -                         -                          -                          -             182,917.08
         Long-Term Debt                       -                         -                         -                          -                          -          4,040,205.52
Total Assets and Other Debits   $   3,950,841.34  $   1,002,027.22  $      177,604.08  $       103,983.59  $       323,825.99  $   40,002,350.59
Liabilities and Fund Equity
Liabilities
Salaries and Benefits             1,514.45                       -                         -                          -                          -                          -  
Payroll Taxes                  86.00                       -                         -                          -                          -                          -  
Interfund                       -                         -                         -                          -                          -                          -  
Accounts Payable            19,934.72          121,777.27                       -                          -                          -                          -  
Long-Term Liabilities                       -                         -                         -                          -                          -          4,223,122.60
Total Liabilities  $        21,535.17  $      121,777.27  $                   -    $                    -    $                    -    $    4,223,122.60
   
Fund Equity    
Investment in Gen. Fixed Assets                       -                         -                         -                          -                          -        35,779,227.99
Reserved Fund Balance          250,000.00            52,854.39                       -                          -                          -                          -  
Unreserved Fund Balance       3,679,306.17          827,395.56          177,604.08           103,983.59           323,825.99                        -  
Total Fund Equity  $   3,929,306.17  $      880,249.95  $      177,604.08  $       103,983.59  $       323,825.99  $   35,779,227.99
   
Total Liabilities and Fund Equity  $   3,950,841.34  $   1,002,027.22  $      177,604.08  $       103,983.59  $       323,825.99  $   40,002,350.59
 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 SEPTEMBR 30, 2014
EXHIBIT F-II-A
FUND TYPE Governmental Fiduciary Total
DESCRIPTION General Special Revenue Debt Service Capital Projects Expendable Trust (Memorandum Only
   
REVENUES:    
STATE REVENUES     15,915,891.14             1,800.00          732,936.00           132,000.00                        -        16,782,627.14
FEDERAL REVENUES            68,179.33       3,118,922.86                       -                          -                          -          3,187,102.19
LOCAL REVENUES       5,857,528.57       1,249,737.12            11,571.65                        -             678,853.28        7,797,690.62
OTHER SOURCES          165,064.13            77,820.83       1,438,198.00                        -                          -          1,681,082.96
TOTAL REVENUES  $  22,006,663.17  $   4,448,280.81  $   2,182,705.65  $       132,000.00  $       678,853.28  $   29,448,502.91
   
EXPENDITURES:    
INSTRUCTIONAL SERVICES     14,091,941.35       1,707,148.54                       -                3,540.00           145,216.58      15,947,846.47
INSTRUCTIONAL SUPPORT SERVICES       3,622,051.64          381,892.40                       -                          -             325,412.37        4,329,356.41
OPERATION & MAINTENANCE       1,898,222.52            68,959.20                       -               84,754.91              1,406.00        2,053,342.63
AUXILIARY SERVICES       1,130,759.36       1,564,178.20                       -             450,886.60              6,142.40        3,151,966.56
GENERAL ADMINISTRATIVE SERVICES          861,997.98          187,747.17                       -             236,262.15                        -          1,286,007.30
CAPITAL OUTLAY                       -                         -                         -                          -                          -                          -  
DEBT SERVICES                       -                         -         1,844,481.83             85,401.26                        -          1,929,883.09
OTHER EXPENDITURES          215,961.28          490,028.71                       -                          -             188,345.37           894,335.36
TOTAL EXPENDITURES  $  21,820,934.13  $   4,399,954.22  $   1,844,481.83  $       860,844.92  $       666,522.72  $   29,592,737.82
   
OTHER FUND SOURCES (USES):    
TRANSFERS IN & OTHER FUND SOURCES          260,540.03          196,099.24                       -             727,443.56             43,376.39        1,227,459.22
TRANSFERS OUT           (22,471.52)         (212,815.50)         (276,556.56)                        -              (85,449.36)          (597,292.94)
TOTAL OTHER FUND SOURCES (USES)  $      238,068.51  $       (16,716.26)  $     (276,556.56)  $       727,443.56  $        (42,072.97)  $       630,166.28
   
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES  $      423,797.55  $        31,610.33  $        61,667.26  $          (1,401.36)  $        (29,742.41)  $       485,931.37
   
BEGINNING FUND BALANCE - OCT 1  $   3,505,508.62  $      848,639.62  $      115,936.82  $       105,384.95  $       353,568.40  $    4,929,038.41
   
ENDING FUND BALANCE - OCT 31  $   3,929,306.17  $      880,249.95  $      177,604.08  $       103,983.59  $       323,825.99  $    5,414,969.78
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING SEPTEMBR 30, 2014
EXHIBIT F-III-A
FUND TYPE  GENERAL   SPECIAL 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES     15,756,767.07     15,915,891.14          159,124.07           106,607.00              1,800.00          (104,807.00)
FEDERAL REVENUES            56,933.00            68,179.33            11,246.33        3,320,150.52        3,118,922.86          (201,227.66)
LOCAL REVENUES       5,721,254.00       5,857,528.57          136,274.57        1,260,477.00        1,249,737.12            (10,739.88)
OTHER SOURCES          141,088.00          165,064.13            23,976.13             68,465.00             77,820.83              9,355.83
TOTAL REVENUES     21,676,042.07     22,006,663.17          330,621.10        4,755,699.52        4,448,280.81          (307,418.71)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES     14,054,174.27     14,091,941.35            37,767.08        1,795,484.78        1,707,148.54            (88,336.24)
INSTRUCTIONAL SUPPORT SERVICES       3,626,076.39       3,622,051.64            (4,024.75)           479,198.87           381,892.40            (97,306.47)
OPERATION & MAINTENANCE       1,908,801.00       1,898,222.52           (10,578.48)             61,044.00             68,959.20              7,915.20
AUXILIARY SERVICES       1,029,320.85       1,130,759.36          101,438.51        1,635,113.87        1,564,178.20            (70,935.67)
GENERAL ADMINISTRATIVE SERVICES          882,742.00          861,997.98           (20,744.02)           196,775.00           187,747.17             (9,027.83)
CAPITAL OUTLAY                       -                         -                         -                          -                          -                          -  
DEBT SERVICES                       -                         -                         -                          -                          -                          -  
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES          228,827.39          215,961.28           (12,866.11)           492,296.00           490,028.71             (2,267.29)
TOTAL EXPENDITURES     21,729,941.90     21,820,934.13            90,992.23        4,659,912.52        4,399,954.22          (259,958.30)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN            93,000.00            81,260.75           (11,739.25)           153,000.00           196,099.24             43,099.24
OTHER FUND SOURCES          150,616.00          179,279.28            28,663.28                        -                          -                          -  
OTHER FUND USES            (8,000.00)           (22,471.52)           (14,471.52)          (204,600.00)          (212,815.50)             (8,215.50)
TOTAL OTHER FUND SOURCES (USES)          235,616.00          238,068.51             2,452.51            (51,600.00)            (16,716.26)             34,883.74
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES          181,716.17          423,797.55          242,081.38             44,187.00             31,610.33            (12,576.67)
     
BEGINNING FUND BALANCE       3,520,474.10       3,505,508.62           (14,965.48)           854,991.85           848,639.62             (6,352.23)
     
ENDING FUND BALANCE       3,702,190.27       3,929,306.17          227,115.90           899,178.85           880,249.95            (18,928.90)
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING SEPTEMBR 30, 2014
EXHIBIT F-III-B
FUND TYPE  DEBT SERVICE   CAPITAL PROJECTS 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES          732,936.00          732,936.00                       -             132,000.00           132,000.00                        -  
FEDERAL REVENUES                       -                         -                         -                          -                          -                          -  
LOCAL REVENUES                       -              11,571.65            11,571.65                        -                          -                          -  
OTHER SOURCES       2,304,203.00       1,438,198.00         (866,005.00)                        -                          -                          -  
TOTAL REVENUES       3,037,139.00       2,182,705.65         (854,433.35)           132,000.00           132,000.00                        -  
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES                       -                         -                         -                          -                3,540.00              3,540.00
INSTRUCTIONAL SUPPORT SERVICES                       -                         -                         -                          -                          -                          -  
OPERATION & MAINTENANCE                       -                         -                         -               66,801.37             84,754.91             17,953.54
AUXILIARY SERVICES                       -                         -                         -                          -             450,886.60           450,886.60
GENERAL ADMINISTRATIVE SERVICES                       -                         -                         -             114,971.00           236,262.15           121,291.15
CAPITAL OUTLAY                       -                         -                         -                          -                          -                          -  
DEBT SERVICES       2,760,582.61       1,844,481.83         (916,100.78)             87,403.00             85,401.26             (2,001.74)
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES                       -                         -                         -                          -                          -                          -  
TOTAL EXPENDITURES       2,760,582.61       1,844,481.83         (916,100.78)           269,175.37           860,844.92           591,669.55
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN                       -                         -                         -             276,556.39           276,556.39                        -  
OTHER FUND SOURCES                       -                         -                         -                          -             450,887.00           450,887.00
OTHER FUND USES         (276,556.39)         (276,556.39)                       -                          -                          -                          -  
TOTAL OTHER FUND SOURCES (USES)         (276,556.39)         (276,556.39)                       -             276,556.39           727,443.39           450,887.00
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES                       -              61,667.43            61,667.43           139,381.02             (1,401.53)          (140,782.55)
     
BEGINNING FUND BALANCE          115,936.82          115,936.82                       -             135,264.95           105,384.95            (29,880.00)
     
ENDING FUND BALANCE          115,936.82          177,604.25            61,667.43           274,645.97           103,983.42          (170,662.55)
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING SEPTEMBR 30, 2014
EXHIBIT F-III-C
FUND TYPE  EXPENDABLE TRUST   TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES                       -                         -                         -        16,728,310.07      16,782,627.14             54,317.07
FEDERAL REVENUES                       -                         -                         -          3,377,083.52        3,187,102.19          (189,981.33)
LOCAL REVENUES          634,525.00          678,853.28            44,328.28        7,616,256.00        7,797,690.62           181,434.62
OTHER SOURCES                       -                         -                         -          2,513,756.00        1,681,082.96          (832,673.04)
TOTAL REVENUES          634,525.00          678,853.28            44,328.28      30,235,405.59      29,448,502.91          (786,902.68)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES          152,875.00          145,216.58            (7,658.42)      16,002,534.05      15,947,846.47            (54,687.58)
INSTRUCTIONAL SUPPORT SERVICES          322,350.00          325,412.37             3,062.37        4,427,625.26        4,329,356.41            (98,268.85)
OPERATION & MAINTENANCE                       -               1,406.00             1,406.00        2,036,646.37        2,053,342.63             16,696.26
AUXILIARY SERVICES            12,500.00             6,142.40            (6,357.60)        2,676,934.72        3,151,966.56           475,031.84
GENERAL ADMINISTRATIVE SERVICES                       -                         -                         -          1,194,488.00        1,286,007.30             91,519.30
CAPITAL OUTLAY                       -                         -                         -                          -                          -                          -  
DEBT SERVICES                       -                         -                         -          2,847,985.61        1,929,883.09          (918,102.52)
      PRINCIPAL                       -      
      INTEREST                       -      
OTHER EXPENDITURES          177,800.00          188,345.37            10,545.37           898,923.39           894,335.36             (4,588.03)
TOTAL EXPENDITURES          665,525.00          666,522.72                997.72      30,085,137.40      29,592,737.82          (492,399.58)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN            29,000.00            43,376.39            14,376.39           551,556.39           597,292.77             45,736.38
OTHER FUND SOURCES                       -                         -                         -             150,616.00           630,166.28           479,550.28
OTHER FUND USES           (62,400.00)           (85,449.36)           (23,049.36)          (551,556.39)          (597,292.77)            (45,736.38)
TOTAL OTHER FUND SOURCES (USES)           (33,400.00)           (42,072.97)            (8,672.97)           150,616.00           630,166.28           479,550.28
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES           (64,400.00)           (29,742.41)            34,657.59           300,884.19           485,931.37           185,047.18
     
BEGINNING FUND BALANCE          353,568.40          353,568.40                       -          4,980,236.12        4,929,038.41            (51,197.71)
     
ENDING FUND BALANCE          289,168.40          323,825.99            34,657.59        5,281,120.31        5,414,969.78           133,849.47