| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS | |||||||||||||||
| FISCAL PERIOD ENDING OCTOBER 31, 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 | $ 4,268,045.18 | $ (207,700.36) | $ 115,201.12 | $ 81,800.43 | $ 381,820.63 | $ - | |||||||||
| Investments | - | 76,670.66 | - | - | 2,014.95 | - | |||||||||
| Receivables: | |||||||||||||||
| Interfund | - | - | - | - | - | - | |||||||||
| Other | 13,396.78 | 1,383,758.40 | - | - | 28,961.38 | - | |||||||||
| Inventories | - | 81,823.90 | - | - | - | - | |||||||||
| 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 | $ 4,281,441.96 | $ 1,334,552.60 | $ 115,201.12 | $ 81,800.43 | $ 412,796.96 | $ 39,858,585.31 | |||||||||
| Liabilities and Fund Equity | |||||||||||||||
| Liabilities | |||||||||||||||
| Salaries and Benefits | 314.71 | 7.64 | - | - | - | - | |||||||||
| Payroll Taxes | - | - | - | - | 45,105.19 | - | |||||||||
| Interfund | - | - | - | - | - | - | |||||||||
| Accounts Payable | 445,692.41 | 287,196.15 | - | - | 24,867.62 | - | |||||||||
| Long-Term Liabilities | - | - | - | - | - | 3,814,433.55 | |||||||||
| Total Liabilities | $ 446,007.12 | $ 287,203.79 | $ - | $ - | $ 69,972.81 | $ 3,814,433.55 | |||||||||
| Fund Equity | |||||||||||||||
| Investment in Gen. Fixed Assets | - | - | - | - | - | 36,044,151.76 | |||||||||
| Reserved Fund Balance | 250,000.00 | 81,823.90 | - | - | - | - | |||||||||
| Unreserved Fund Balance | 3,585,434.84 | 965,524.91 | 115,201.12 | 81,800.43 | 342,824.15 | - | |||||||||
| Total Fund Equity | $ 3,835,434.84 | $ 1,047,348.81 | $ 115,201.12 | $ 81,800.43 | $ 342,824.15 | $ 36,044,151.76 | |||||||||
| Total Liabilities and Fund Equity | $ 4,281,441.96 | $ 1,334,552.60 | $ 115,201.12 | $ 81,800.43 | $ 412,796.96 | $ 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 OCTOBER 31, 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 | 1,300,413.00 | - | - | 11,701.00 | - | 1,312,114.00 | |||||||||
| FEDERAL REVENUES | - | 400,080.16 | - | - | - | 400,080.16 | |||||||||
| LOCAL REVENUES | 416,184.53 | 105,441.81 | - | - | 59,414.23 | 581,040.57 | |||||||||
| OTHER SOURCES | - | - | - | - | - | - | |||||||||
| TOTAL REVENUES | $ 1,716,597.53 | $ 505,521.97 | $ - | $ 11,701.00 | $ 59,414.23 | $ 2,293,234.73 | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 1,132,961.60 | 127,999.52 | - | - | 4,374.73 | 1,265,335.85 | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 304,787.80 | 59,350.29 | - | - | 16,641.37 | 380,779.46 | |||||||||
| OPERATION & MAINTENANCE | 139,871.46 | 25,099.01 | - | - | - | 164,970.47 | |||||||||
| AUXILIARY SERVICES | 84,390.03 | 169,176.10 | - | - | - | 253,566.13 | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | 300,310.37 | 10,055.79 | - | 10,717.94 | - | 321,084.10 | |||||||||
| CAPITAL OUTLAY | 118,235.25 | - | - | - | - | 118,235.25 | |||||||||
| DEBT SERVICES | - | - | 100,868.79 | 1,840.00 | - | 102,708.79 | |||||||||
| OTHER EXPENDITURES | 67,796.10 | 16,126.98 | - | - | 14,471.07 | 98,394.15 | |||||||||
| TOTAL EXPENDITURES | $ 2,148,352.61 | $ 407,807.69 | $ 100,868.79 | $ 12,557.94 | $ 35,487.17 | $ 2,705,074.20 | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN & OTHER FUND SOURCES | 8,585.00 | 14,587.95 | - | - | 872.85 | 24,045.80 | |||||||||
| TRANSFERS OUT | - | (15,567.63) | - | - | (907.32) | (16,474.95) | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | $ 8,585.00 | $ (979.68) | $ - | $ - | $ (34.47) | $ 7,570.85 | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | $ (423,170.08) | $ 96,734.60 | $ (100,868.79) | $ (856.94) | $ 23,892.59 | $ (404,268.62) | |||||||||
| 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 | $ 3,835,434.84 | $ 1,047,348.81 | $ 115,201.12 | $ 81,800.43 | $ 342,824.15 | $ 5,422,609.35 | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING OCTOBER 31, 2015 | |||||||||||||||
| EXHIBIT F-III-A | |||||||||||||||
| FUND TYPE | GENERAL | SPECIAL | |||||||||||||
| DESCRIPTION | BUDGET | ACTUAL | VARIANCE | BUDGET | ACTUAL | VARIANCE | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | 15,972,746.00 | 1,300,413.00 | (14,672,333.00) | 500.00 | - | (500.00) | |||||||||
| FEDERAL REVENUES | 65,467.00 | - | (65,467.00) | 3,722,694.06 | 400,080.16 | (3,322,613.90) | |||||||||
| LOCAL REVENUES | 7,607,596.24 | 416,184.53 | (7,191,411.71) | 1,251,536.00 | 105,441.81 | (1,146,094.19) | |||||||||
| OTHER SOURCES | 160,118.00 | - | (160,118.00) | 58,842.00 | - | (58,842.00) | |||||||||
| TOTAL REVENUES | 23,805,927.24 | 1,716,597.53 | (22,089,329.71) | 5,033,572.06 | 505,521.97 | (4,528,050.09) | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 14,254,843.67 | 1,132,961.60 | (13,121,882.07) | 2,143,999.06 | 127,999.52 | (2,015,999.54) | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 3,715,325.73 | 304,787.80 | (3,410,537.93) | 456,832.17 | 59,350.29 | (397,481.88) | |||||||||
| OPERATION & MAINTENANCE | 1,900,393.00 | 139,871.46 | (1,760,521.54) | 82,175.00 | 25,099.01 | (57,075.99) | |||||||||
| AUXILIARY SERVICES | 1,059,675.00 | 84,390.03 | (975,284.97) | 1,845,133.00 | 169,176.10 | (1,675,956.90) | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | 1,339,491.39 | 300,310.37 | (1,039,181.02) | 146,530.27 | 10,055.79 | (136,474.48) | |||||||||
| CAPITAL OUTLAY | 331,000.00 | 118,235.25 | (212,764.75) | - | - | - | |||||||||
| DEBT SERVICES | - | - | - | - | - | - | |||||||||
| PRINCIPAL | |||||||||||||||
| INTEREST | |||||||||||||||
| OTHER EXPENDITURES | 749,940.16 | 67,796.10 | (682,144.06) | 296,713.06 | 16,126.98 | (280,586.08) | |||||||||
| TOTAL EXPENDITURES | 23,350,668.95 | 2,148,352.61 | (21,202,316.34) | 4,971,382.56 | 407,807.69 | (4,563,574.87) | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN | 142,797.00 | - | (142,797.00) | 210,724.19 | 14,587.95 | (196,136.24) | |||||||||
| OTHER FUND SOURCES | 120,110.00 | 8,585.00 | (111,525.00) | - | - | - | |||||||||
| OTHER FUND USES | (138,574.28) | - | 138,574.28 | (193,555.00) | (15,567.63) | 177,987.37 | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | 124,332.72 | 8,585.00 | (115,747.72) | 17,169.19 | (979.68) | (18,148.87) | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | 579,591.01 | (423,170.08) | (1,002,761.09) | 79,358.69 | 96,734.60 | 17,375.91 | |||||||||
| BEGINNING FUND BALANCE | 4,258,604.92 | 4,258,604.92 | - | 950,614.21 | 950,614.21 | - | |||||||||
| ENDING FUND BALANCE | 4,838,195.93 | 3,835,434.84 | (1,002,761.09) | 1,029,972.90 | 1,047,348.81 | 17,375.91 | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING OCTOBER 31, 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 | 11,701.00 | (128,711.00) | |||||||||
| 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 | 11,701.00 | (128,711.00) | |||||||||
| 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 | 10,717.94 | (167,695.14) | |||||||||
| 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 | 12,557.94 | (411,135.83) | |||||||||
| 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) | (856.94) | 304.27 | |||||||||
| 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 | 81,800.43 | 304.27 | |||||||||
| ALEXANDER CITY BOARD OF EDUCATION | |||||||||||||||
| COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES | |||||||||||||||
| BUDGET AND ACTUAL | |||||||||||||||
| FISCAL PERIOD ENDING OCTOBER 31, 2015 | |||||||||||||||
| EXHIBIT F-III-C | |||||||||||||||
| FUND TYPE | EXPENDABLE TRUST | TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS | |||||||||||||
| DESCRIPTION | BUDGET | ACTUAL | VARIANCE | BUDGET | ACTUAL | VARIANCE | |||||||||
| REVENUES: | |||||||||||||||
| STATE REVENUES | - | - | - | 16,847,996.00 | 1,312,114.00 | (15,535,882.00) | |||||||||
| FEDERAL REVENUES | - | - | - | 3,788,161.06 | 400,080.16 | (3,388,080.90) | |||||||||
| LOCAL REVENUES | 612,707.00 | 59,414.23 | (553,292.77) | 9,471,839.24 | 581,040.57 | (8,890,798.67) | |||||||||
| OTHER SOURCES | - | - | - | 1,655,145.00 | - | (1,655,145.00) | |||||||||
| TOTAL REVENUES | 612,707.00 | 59,414.23 | (553,292.77) | 31,763,141.30 | 2,293,234.73 | (29,469,906.57) | |||||||||
| EXPENDITURES: | |||||||||||||||
| INSTRUCTIONAL SERVICES | 152,854.00 | 4,374.73 | (148,479.27) | 16,551,696.73 | 1,265,335.85 | (15,286,360.88) | |||||||||
| INSTRUCTIONAL SUPPORT SERVICES | 364,527.00 | 16,641.37 | (347,885.63) | 4,586,080.38 | 380,779.46 | (4,205,300.92) | |||||||||
| OPERATION & MAINTENANCE | 850.00 | - | (850.00) | 2,034,418.00 | 164,970.47 | (1,869,447.53) | |||||||||
| AUXILIARY SERVICES | 38,131.00 | - | (38,131.00) | 2,942,939.00 | 253,566.13 | (2,689,372.87) | |||||||||
| GENERAL ADMINISTRATIVE SERVICES | - | - | - | 1,664,434.74 | 321,084.10 | (1,343,350.64) | |||||||||
| CAPITAL OUTLAY | - | - | - | 331,000.00 | 118,235.25 | (212,764.75) | |||||||||
| DEBT SERVICES | - | - | - | 2,033,287.65 | 102,708.79 | (1,930,578.86) | |||||||||
| PRINCIPAL | |||||||||||||||
| INTEREST | |||||||||||||||
| OTHER EXPENDITURES | 193,405.00 | 14,471.07 | (178,933.93) | 1,240,058.22 | 98,394.15 | (1,141,664.07) | |||||||||
| TOTAL EXPENDITURES | 749,767.00 | 35,487.17 | (714,279.83) | 31,383,914.72 | 2,705,074.20 | (28,678,840.52) | |||||||||
| OTHER FUND SOURCES (USES): | |||||||||||||||
| TRANSFERS IN | 20,000.00 | 872.85 | (19,127.15) | 655,641.75 | 15,460.80 | (640,180.95) | |||||||||
| OTHER FUND SOURCES | - | - | - | 120,110.00 | 8,585.00 | (111,525.00) | |||||||||
| OTHER FUND USES | (40,814.00) | (907.32) | 39,906.68 | (655,063.84) | (16,474.95) | 638,588.89 | |||||||||
| TOTAL OTHER FUND SOURCES (USES) | (20,814.00) | (34.47) | 20,779.53 | 120,687.91 | 7,570.85 | (113,117.06) | |||||||||
| EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES | (157,874.00) | 23,892.59 | 181,766.59 | 499,914.49 | (404,268.62) | (904,183.11) | |||||||||
| BEGINNING FUND BALANCE | 318,931.56 | 318,931.56 | - | 5,826,877.97 | 5,826,877.97 | - | |||||||||
| ENDING FUND BALANCE | 161,057.56 | 342,824.15 | 181,766.59 | 6,326,792.46 | 5,422,609.35 | (904,183.11) | |||||||||