ALEXANDER CITY BOARD OF EDUCATION 
COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS
FISCAL PERIOD ENDING OCTOBER 31, 2016
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  $   5,816,067.77  $      859,009.48  $        45,027.58  $         84,042.78  $       478,740.79  $                     -  
Investments                       -              66,910.07                       -                          -                 2,240.77                        -  
Receivables:      
         Interfund                       -                         -                         -                          -                          -                          -  
         Other            10,952.76          593,139.37                       -                          -                    129.22                        -  
Inventories                       -              67,921.36                       -                          -                          -                          -  
Other Assets                       -                         -                         -                          -                          -                          -  
Fixed Assets                       -                         -                         -                          -                          -         36,570,045.83
Other Debits:      
         Debt Service                       -                         -                         -                          -                          -             287,335.69
         Long-Term Debt                       -                         -                         -                          -                          -          3,114,208.85
Total Assets and Other Debits   $   5,827,020.53  $   1,586,980.28  $        45,027.58  $         84,042.78  $       481,110.78  $   39,971,590.37
Liabilities and Fund Equity
Liabilities
Salaries and Benefits                       -                         -                         -                          -                          -                          -  
Payroll Taxes                       -                         -                         -                          -               63,807.44                        -  
Interfund                       -                         -                         -                          -                          -                          -  
Accounts Payable          638,206.27          336,045.46                       -               68,777.35             15,860.75                        -  
Long-Term Liabilities                       -                         -                         -                          -                          -          3,401,544.54
Total Liabilities  $      638,206.27  $      336,045.46  $                   -    $         68,777.35  $         79,668.19  $     3,401,544.54
   
Fund Equity    
Investment in Gen. Fixed Assets                       -                         -                         -                          -                          -         36,570,045.83
Reserved Fund Balance          250,000.00            67,921.36                       -                          -                          -                          -  
Unreserved Fund Balance       4,938,814.26       1,183,013.46            45,027.58             15,265.43           401,442.59                        -  
Total Fund Equity  $   5,188,814.26  $   1,250,934.82  $        45,027.58  $         15,265.43  $       401,442.59  $   36,570,045.83
   
Total Liabilities and Fund Equity  $   5,827,020.53  $   1,586,980.28  $        45,027.58  $         84,042.78  $       481,110.78  $   39,971,590.37
 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 OCTOBER 31, 2016
EXHIBIT F-II-A
FUND TYPE Governmental Fiduciary Total
DESCRIPTION General Special Revenue Debt Service Capital Projects Expendable Trust (Memorandum Only
   
REVENUES:    
STATE REVENUES       1,372,660.00              1,300.00            10,104.00                        -                          -          1,384,064.00
FEDERAL REVENUES              5,361.74          389,838.94                       -                          -                          -             395,200.68
LOCAL REVENUES          393,301.32          130,622.76                       -                          -               77,342.44           601,266.52
OTHER SOURCES                  98.40              7,104.74                       -                          -                          -                 7,203.14
TOTAL REVENUES  $   1,771,421.46  $      528,866.44  $        10,104.00  $                     -    $         77,342.44  $     2,387,734.34
   
EXPENDITURES:    
INSTRUCTIONAL SERVICES       1,179,011.67          175,174.67                       -                          -               15,053.09        1,369,239.43
INSTRUCTIONAL SUPPORT SERVICES          317,641.10            75,005.50                       -                          -               26,516.77           419,163.37
OPERATION & MAINTENANCE          144,221.35            25,543.55                       -                          -                          -             169,764.90
AUXILIARY SERVICES          578,269.63          152,149.38                       -               68,777.35                        -             799,196.36
GENERAL ADMINISTRATIVE SERVICES            70,209.28              9,006.42                       -                 6,249.60                        -               85,465.30
CAPITAL OUTLAY                       -                         -                         -                          -                          -                          -  
DEBT SERVICES                       -                         -            252,870.33               1,587.00                        -             254,457.33
OTHER EXPENDITURES            87,639.11            14,082.32                       -                          -               18,631.59           120,353.02
TOTAL EXPENDITURES  $   2,376,992.14  $      450,961.84  $      252,870.33  $         76,613.95  $         60,201.45  $     3,217,639.71
   
OTHER FUND SOURCES (USES):    
TRANSFERS IN & OTHER FUND SOURCES              8,394.54            18,136.74                       -                          -                 1,050.27             27,581.55
TRANSFERS OUT            (2,094.74)          (23,741.64)                       -                          -                 5,922.73            (19,913.65)
TOTAL OTHER FUND SOURCES (USES)  $          6,299.80  $        (5,604.90)  $                   -    $                     -    $           6,973.00  $           7,667.90
   
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES  $     (599,270.88)  $        72,299.70  $     (242,766.33)  $        (76,613.95)  $         24,113.99  $      (822,237.47)
   
BEGINNING FUND BALANCE - OCT 1  $   5,788,085.14  $   1,178,635.12  $      287,793.91  $         91,879.38  $       377,328.60  $     7,723,722.15
   
ENDING FUND BALANCE - OCT 31  $   5,188,814.26  $   1,250,934.82  $        45,027.58  $         15,265.43  $       401,442.59  $     6,901,484.68
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING OCTOBER 31, 2016
EXHIBIT F-III-A
FUND TYPE  GENERAL   SPECIAL 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES     16,684,469.00       1,372,660.00    (15,311,809.00)                        -                 1,300.00               1,300.00
FEDERAL REVENUES            61,934.00              5,361.74          (56,572.26)        4,080,956.79           389,838.94       (3,691,117.85)
LOCAL REVENUES       7,740,467.00          393,301.32      (7,347,165.68)        1,219,291.00           130,622.76       (1,088,668.24)
OTHER SOURCES          151,828.00                  98.40         (151,729.60)             56,700.00               7,104.74            (49,595.26)
TOTAL REVENUES     24,638,698.00       1,771,421.46    (22,867,276.54)        5,356,947.79           528,866.44       (4,828,081.35)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES     14,579,597.71       1,179,011.67    (13,400,586.04)        2,131,271.31           175,174.67       (1,956,096.64)
INSTRUCTIONAL SUPPORT SERVICES       4,111,658.41          317,641.10      (3,794,017.31)           496,251.30             75,005.50          (421,245.80)
OPERATION & MAINTENANCE       2,085,443.00          144,221.35      (1,941,221.65)             75,590.00             25,543.55            (50,046.45)
AUXILIARY SERVICES       1,421,002.65          578,269.63         (842,733.02)        2,017,153.37           152,149.38       (1,865,003.99)
GENERAL ADMINISTRATIVE SERVICES       1,022,717.01            70,209.28         (952,507.73)           168,649.79               9,006.42          (159,643.37)
CAPITAL OUTLAY          100,000.00                       -           (100,000.00)                        -                          -                          -  
DEBT SERVICES                       -                         -                         -                          -                          -                          -  
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES          900,292.95            87,639.11         (812,653.84)           429,752.71             14,082.32          (415,670.39)
TOTAL EXPENDITURES     24,220,711.73       2,376,992.14    (21,843,719.59)        5,318,668.48           450,961.84       (4,867,706.64)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN            70,635.40                  61.21          (70,574.19)           164,928.00             18,136.74          (146,791.26)
OTHER FUND SOURCES          134,919.29              8,333.33         (126,585.96)                        -                          -                          -  
OTHER FUND USES          (62,500.00)            (2,094.74)            60,405.26          (158,758.40)            (23,741.64)           135,016.76
TOTAL OTHER FUND SOURCES (USES)          143,054.69              6,299.80         (136,754.89)               6,169.60             (5,604.90)            (11,774.50)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES          561,040.96         (599,270.88)      (1,160,311.84)             44,448.91             72,299.70             27,850.79
     
BEGINNING FUND BALANCE       5,788,085.14       5,788,085.14                       -          1,178,635.12        1,178,635.12                        -  
     
ENDING FUND BALANCE       6,349,126.10       5,188,814.26      (1,160,311.84)        1,223,084.03        1,250,934.82             27,850.79
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING OCTOBER 31, 2016
EXHIBIT F-III-B
FUND TYPE  DEBT SERVICE   CAPITAL PROJECTS 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES          843,380.00            10,104.00         (833,276.00)                        -                          -                          -  
FEDERAL REVENUES                       -                         -                         -                          -                          -                          -  
LOCAL REVENUES            60,250.00                       -            (60,250.00)                        -                          -                          -  
OTHER SOURCES       1,435,235.00                       -        (1,435,235.00)                        -                          -                          -  
TOTAL REVENUES       2,338,865.00            10,104.00      (2,328,761.00)                        -                          -                          -  
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES                       -                         -                         -                          -                          -                          -  
INSTRUCTIONAL SUPPORT SERVICES                       -                         -                         -                 4,000.00                        -               (4,000.00)
OPERATION & MAINTENANCE                       -                         -                         -                          -                          -                          -  
AUXILIARY SERVICES                       -                         -                         -               68,777.35             68,777.35                        -  
GENERAL ADMINISTRATIVE SERVICES                       -                         -                         -             139,606.27               6,249.60          (133,356.67)
CAPITAL OUTLAY                       -                         -                         -                          -                          -                          -  
DEBT SERVICES       2,182,449.95          252,870.33      (1,929,579.62)               3,128.00               1,587.00             (1,541.00)
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES                       -                         -                         -                          -                          -                          -  
TOTAL EXPENDITURES       2,182,449.95          252,870.33      (1,929,579.62)           215,511.62             76,613.95          (138,897.67)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN                       -                         -                         -             282,120.56                        -            (282,120.56)
OTHER FUND SOURCES                       -                         -                         -             560,435.50                        -            (560,435.50)
OTHER FUND USES         (282,120.56)                       -            282,120.56                        -                          -                          -  
TOTAL OTHER FUND SOURCES (USES)         (282,120.56)                       -            282,120.56           842,556.06                        -            (842,556.06)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES         (125,705.51)         (242,766.33)         (117,060.82)           627,044.44            (76,613.95)          (703,658.39)
     
BEGINNING FUND BALANCE          287,793.91          287,793.91                       -               91,879.38             91,879.38                        -  
     
ENDING FUND BALANCE          162,088.40            45,027.58         (117,060.82)           718,923.82             15,265.43          (703,658.39)
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING OCTOBER 31, 2016
EXHIBIT F-III-C
FUND TYPE  EXPENDABLE TRUST   TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES                       -                         -                         -         17,527,849.00        1,384,064.00     (16,143,785.00)
FEDERAL REVENUES                       -                         -                         -          4,142,890.79           395,200.68       (3,747,690.11)
LOCAL REVENUES          554,531.00            77,342.44         (477,188.56)        9,574,539.00           601,266.52       (8,973,272.48)
OTHER SOURCES                       -                         -                         -          1,643,763.00               7,203.14       (1,636,559.86)
TOTAL REVENUES          554,531.00            77,342.44         (477,188.56)       32,889,041.79        2,387,734.34     (30,501,307.45)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES          155,721.00            15,053.09         (140,667.91)       16,866,590.02        1,369,239.43     (15,497,350.59)
INSTRUCTIONAL SUPPORT SERVICES          200,840.00            26,516.77         (174,323.23)        4,812,749.71           419,163.37       (4,393,586.34)
OPERATION & MAINTENANCE              4,100.00                       -              (4,100.00)        2,165,133.00           169,764.90       (1,995,368.10)
AUXILIARY SERVICES            12,245.00                       -            (12,245.00)        3,519,178.37           799,196.36       (2,719,982.01)
GENERAL ADMINISTRATIVE SERVICES                       -                         -                         -          1,330,973.07             85,465.30       (1,245,507.77)
CAPITAL OUTLAY                       -                         -                         -             100,000.00                        -            (100,000.00)
DEBT SERVICES                       -                         -                         -          2,185,577.95           254,457.33       (1,931,120.62)
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES          116,004.00            18,631.59          (97,372.41)        1,446,049.66           120,353.02       (1,325,696.64)
TOTAL EXPENDITURES          488,910.00            60,201.45         (428,708.55)       32,426,251.78        3,217,639.71     (29,208,612.07)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN            20,000.00              1,050.27          (18,949.73)           537,683.96             19,248.22          (518,435.74)
OTHER FUND SOURCES                       -                         -                         -             695,354.79               8,333.33          (687,021.46)
OTHER FUND USES          (40,814.00)              5,922.73            46,736.73          (544,192.96)            (19,913.65)           524,279.31
TOTAL OTHER FUND SOURCES (USES)          (20,814.00)              6,973.00            27,787.00           688,845.79               7,667.90          (681,177.89)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES            44,807.00            24,113.99          (20,693.01)        1,151,635.80          (822,237.47)       (1,973,873.27)
     
BEGINNING FUND BALANCE          377,328.60          377,328.60                       -          7,723,722.15        7,723,722.15                        -  
     
ENDING FUND BALANCE          422,135.60          401,442.59          (20,693.01)        8,875,357.95        6,901,484.68       (1,973,873.27)