ALEXANDER CITY BOARD OF EDUCATION
COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS
FISCAL PERIOD ENDING OCTOBER 31, 2018
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 $ 7,419,719.57 $ 963,236.02 $ 484,635.50 $ 8,044.05 $ 399,498.58 $ -
Investments - 67,492.49 - - - -
Receivables:      
Interfund - - - - - -
Other 285,425.01 392,591.53 - - 401.58 -
Inventories - 68,968.46 - - - -
Other Assets - - - - - -
Fixed Assets - - - - - 41,922,338.37
Other Debits:      
Debt Service - - - - - 419,697.38
Long-Term Debt - - - - - 6,626,695.66
Total Assets and Other Debits $ 7,705,144.58 $ 1,492,288.50 $ 484,635.50 $ 8,044.05 $ 399,900.16 $ 48,968,731.41
Liabilities and Fund Equity
Liabilities
Salaries and Benefits (134.96) - - - - -
Payroll Taxes - - - - - -
Interfund - - - - - -
Accounts Payable 717,792.09 358,781.74 - 5,401.79 52,280.72 -
Long-Term Liabilities - - - - - 7,046,393.04
Total Liabilities $ 717,657.13 $ 358,781.74 $ - $ 5,401.79 $ 52,280.72 $ 7,046,393.04
   
Fund Equity    
Investment in Gen. Fixed Assets - - - - - 41,922,338.37
Reserved Fund Balance 250,000.00 68,968.46 - - - -
Unreserved Fund Balance 6,737,487.45 1,064,538.30 484,635.50 2,642.26 347,619.44 -
Total Fund Equity $ 6,987,487.45 $ 1,133,506.76 $ 484,635.50 $ 2,642.26 $ 347,619.44 $ 41,922,338.37
   
Total Liabilities and Fund Equity $ 7,705,144.58 $ 1,492,288.50 $ 484,635.50 $ 8,044.05 $ 399,900.16 $ 48,968,731.41
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, 2018
EXHIBIT F-II-A
FUND TYPE Governmental Fiduciary Total
DESCRIPTION General Special Revenue Debt Service Capital Projects Expendable Trust (Memorandum Only
   
REVENUES:    
STATE REVENUES 1,429,989.00 500.00 10,663.00 - - 1,441,152.00
FEDERAL REVENUES 280.00 429,662.68 - - - 429,942.68
LOCAL REVENUES 779,768.89 126,952.93 - - 51,639.03 958,360.85
OTHER SOURCES 8,637.34 37,307.52 - - - 45,944.86
TOTAL REVENUES $ 2,218,675.23 $ 594,423.13 $ 10,663.00 $ - $ 51,639.03 $ 2,875,400.39
   
EXPENDITURES:    
INSTRUCTIONAL SERVICES 1,307,906.83 207,301.07 - - 30,119.05 1,545,326.95
INSTRUCTIONAL SUPPORT SERVICES 339,528.03 48,300.44 - - 16,980.03 404,808.50
OPERATION & MAINTENANCE 141,830.66 4,720.35 - - - 146,551.01
AUXILIARY SERVICES 604,739.74 256,552.20 - - - 861,291.94
GENERAL ADMINISTRATIVE SERVICES 82,898.49 14,795.23 - 36,122.10 - 133,815.82
CAPITAL OUTLAY - - - - - -
DEBT SERVICES - - 1,426.00 - - 1,426.00
OTHER EXPENDITURES 76,329.38 35,853.05 - - 20,682.10 132,864.53
TOTAL EXPENDITURES $ 2,553,233.13 $ 567,522.34 $ 1,426.00 $ 36,122.10 $ 67,781.18 $ 3,226,084.75
   
OTHER FUND SOURCES (USES):    
TRANSFERS IN & OTHER FUND SOURCES 8,952.80 43,293.50 - - 251.85 52,498.15
TRANSFERS OUT (43,800.00) (403.89) - - (331.87) (44,535.76)
TOTAL OTHER FUND SOURCES (USES) $ (34,847.20) $ 42,889.61 $ - $ - $ (80.02) $ 7,962.39
   
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES $ (369,405.10) $ 69,790.40 $ 9,237.00 $ (36,122.10) $ (16,222.17) $ (342,721.97)
   
BEGINNING FUND BALANCE - OCT 1 $ 7,356,892.55 $ 1,063,716.36 $ 475,398.50 $ 38,764.36 $ 363,841.61 $ 9,298,613.38
   
ENDING FUND BALANCE - OCT 31 $ 6,987,487.45 $ 1,133,506.76 $ 484,635.50 $ 2,642.26 $ 347,619.44 $ 8,955,891.41
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING OCTOBER 31, 2018
EXHIBIT F-III-A
FUND TYPE GENERAL SPECIAL
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES 17,205,266.00 1,429,989.00 (15,775,277.00) 500.00 500.00 -
FEDERAL REVENUES 83,134.00 280.00 (82,854.00) 4,101,693.00 429,662.68 (3,672,030.32)
LOCAL REVENUES 8,038,910.61 779,768.89 (7,259,141.72) 1,094,218.00 126,952.93 (967,265.07)
OTHER SOURCES 170,456.00 8,637.34 (161,818.66) 62,670.00 37,307.52 (25,362.48)
TOTAL REVENUES 25,497,766.61 2,218,675.23 (23,279,091.38) 5,259,081.00 594,423.13 (4,664,657.87)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES 14,988,443.22 1,307,906.83 (13,680,536.39) 2,083,577.22 207,301.07 (1,876,276.15)
INSTRUCTIONAL SUPPORT SERVICES 4,173,059.75 339,528.03 (3,833,531.72) 427,837.75 48,300.44 (379,537.31)
OPERATION & MAINTENANCE 2,011,770.50 141,830.66 (1,869,939.84) 71,150.00 4,720.35 (66,429.65)
AUXILIARY SERVICES 1,593,302.00 604,739.74 (988,562.26) 2,253,798.00 256,552.20 (1,997,245.80)
GENERAL ADMINISTRATIVE SERVICES 1,301,984.00 82,898.49 (1,219,085.51) 211,277.03 14,795.23 (196,481.80)
CAPITAL OUTLAY 22,346.04 - (22,346.04) - - -
DEBT SERVICES - - - - - -
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES 914,255.76 76,329.38 (837,926.38) 246,277.00 35,853.05 (210,423.95)
TOTAL EXPENDITURES 25,005,161.27 2,553,233.13 (22,451,928.14) 5,293,917.00 567,522.34 (4,726,394.66)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 49,897.00 379.95 (49,517.05) 195,588.00 43,293.50 (152,294.50)
OTHER FUND SOURCES 143,281.03 8,572.85 (134,708.18) - - -
OTHER FUND USES (224,630.25) (43,800.00) 180,830.25 (122,958.00) (403.89) 122,554.11
TOTAL OTHER FUND SOURCES (USES) (31,452.22) (34,847.20) (3,394.98) 72,630.00 42,889.61 (29,740.39)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES 461,153.12 (369,405.10) (830,558.22) 37,794.00 69,790.40 31,996.40
     
BEGINNING FUND BALANCE 7,356,892.55 7,356,892.55 - 1,063,716.36 1,063,716.36 -
     
ENDING FUND BALANCE 7,818,045.67 6,987,487.45 (830,558.22) 1,101,510.36 1,133,506.76 31,996.40
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING OCTOBER 31, 2018
EXHIBIT F-III-B
FUND TYPE DEBT SERVICE CAPITAL PROJECTS
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES 888,543.00 10,663.00 (877,880.00) - - -
FEDERAL REVENUES - - - - - -
LOCAL REVENUES 77,046.00 - (77,046.00) - - -
OTHER SOURCES 1,435,130.00 - (1,435,130.00) - - -
TOTAL REVENUES 2,400,719.00 10,663.00 (2,390,056.00) - - -
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES - - - 26,451.00 - (26,451.00)
INSTRUCTIONAL SUPPORT SERVICES - - - - - -
OPERATION & MAINTENANCE - - - - - -
AUXILIARY SERVICES - - - - - -
GENERAL ADMINISTRATIVE SERVICES - - - 181,239.95 36,122.10 (145,117.85)
CAPITAL OUTLAY - - - - - -
DEBT SERVICES 2,293,515.57 1,426.00 (2,292,089.57) - - -
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES - - - - - -
TOTAL EXPENDITURES 2,293,515.57 1,426.00 (2,292,089.57) 207,690.95 36,122.10 (171,568.85)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 117,980.25 - (117,980.25) 201,962.52 - (201,962.52)
OTHER FUND SOURCES - - - - - -
OTHER FUND USES (201,962.52) - 201,962.52 - - -
TOTAL OTHER FUND SOURCES (USES) (83,982.27) - 83,982.27 201,962.52 - (201,962.52)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES 23,221.16 9,237.00 (13,984.16) (5,728.43) (36,122.10) (30,393.67)
     
BEGINNING FUND BALANCE 475,398.50 475,398.50 - 38,764.36 38,764.36 -
     
ENDING FUND BALANCE 498,619.66 484,635.50 (13,984.16) 33,035.93 2,642.26 (30,393.67)
ALEXANDER CITY BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES
BUDGET AND ACTUAL
FISCAL PERIOD ENDING OCTOBER 31, 2018
EXHIBIT F-III-C
FUND TYPE EXPENDABLE TRUST TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS
DESCRIPTION BUDGET ACTUAL VARIANCE BUDGET ACTUAL VARIANCE
     
REVENUES:      
STATE REVENUES - - - 18,094,309.00 1,441,152.00 (16,653,157.00)
FEDERAL REVENUES - - - 4,184,827.00 429,942.68 (3,754,884.32)
LOCAL REVENUES 492,165.00 51,639.03 (440,525.97) 9,702,339.61 958,360.85 (8,743,978.76)
OTHER SOURCES - - - 1,668,256.00 45,944.86 (1,622,311.14)
TOTAL REVENUES 492,165.00 51,639.03 (440,525.97) 33,649,731.61 2,875,400.39 (30,774,331.22)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES 136,542.00 30,119.05 (106,422.95) 17,235,013.44 1,545,326.95 (15,689,686.49)
INSTRUCTIONAL SUPPORT SERVICES 203,352.00 16,980.03 (186,371.97) 4,804,249.50 404,808.50 (4,399,441.00)
OPERATION & MAINTENANCE 50.00 - (50.00) 2,082,970.50 146,551.01 (1,936,419.49)
AUXILIARY SERVICES 12,695.00 - (12,695.00) 3,859,795.00 861,291.94 (2,998,503.06)
GENERAL ADMINISTRATIVE SERVICES - - - 1,694,500.98 133,815.82 (1,560,685.16)
CAPITAL OUTLAY - - - 22,346.04 - (22,346.04)
DEBT SERVICES - - - 2,293,515.57 1,426.00 (2,292,089.57)
PRINCIPAL      
INTEREST      
OTHER EXPENDITURES 97,690.00 20,682.10 (77,007.90) 1,258,222.76 132,864.53 (1,125,358.23)
TOTAL EXPENDITURES 450,329.00 67,781.18 (382,547.82) 33,250,613.79 3,226,084.75 (30,024,529.04)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN 20,500.00 251.85 (20,248.15) 585,927.77 43,925.30 (542,002.47)
OTHER FUND SOURCES - - - 143,281.03 8,572.85 (134,708.18)
OTHER FUND USES (38,477.00) (331.87) 38,145.13 (588,027.77) (44,535.76) 543,492.01
TOTAL OTHER FUND SOURCES (USES) (17,977.00) (80.02) 17,896.98 141,181.03 7,962.39 (133,218.64)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES 23,859.00 (16,222.17) (40,081.17) 540,298.85 (342,721.97) (883,020.82)
     
BEGINNING FUND BALANCE 363,841.61 363,841.61 - 9,298,613.38 9,298,613.38 -
     
ENDING FUND BALANCE 387,700.61 347,619.44 (40,081.17) 9,838,912.23 8,955,891.41 (883,020.82)