ALEXANDER CITY BOARD OF EDUCATION 
COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS
FISCAL PERIOD ENDING APRIL 30, 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  $   4,952,271.51  $      958,997.99  $     (128,375.82)  $      (124,894.56)  $       349,759.88  $                     -  
Investments                       -              76,533.98                       -                          -                 2,014.95                        -  
Receivables:      
         Interfund                       -                         -                         -                          -                          -                          -  
         Other            21,635.87          275,722.89                       -                          -                 6,093.29                        -  
Inventories                       -              51,671.48                       -                          -                          -                          -  
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   $   4,973,907.38  $   1,362,926.34  $     (128,375.82)  $      (124,894.56)  $       357,868.12  $   40,002,350.59
Liabilities and Fund Equity
Liabilities
Salaries and Benefits            (3,660.67)                       -                         -                          -                          -                          -  
Payroll Taxes            20,910.79                       -                         -                          -                          -                          -  
Interfund                       -                         -                         -                          -                          -                          -  
Accounts Payable          108,176.16          284,453.00                       -                          -               61,523.33                        -  
Long-Term Liabilities                       -                         -                         -                          -                          -          4,223,122.60
Total Liabilities  $      125,426.28  $      284,453.00  $                   -    $                     -    $         61,523.33  $     4,223,122.60
   
Fund Equity    
Investment in Gen. Fixed Assets                       -                         -                         -                          -                          -         35,779,227.99
Reserved Fund Balance          250,000.00            57,274.46                       -                          -                          -                          -  
Unreserved Fund Balance       4,598,481.10       1,021,198.88         (128,375.82)          (124,894.56)           296,344.79                        -  
Total Fund Equity  $   4,848,481.10  $   1,078,473.34  $     (128,375.82)  $      (124,894.56)  $       296,344.79  $   35,779,227.99
   
Total Liabilities and Fund Equity  $   4,973,907.38  $   1,362,926.34  $     (128,375.82)  $      (124,894.56)  $       357,868.12  $   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 APRIL 30, 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       8,954,550.19                       -                         -               77,000.00                        -          9,031,550.19
FEDERAL REVENUES            34,430.84       2,022,162.30                       -                          -                          -          2,056,593.14
LOCAL REVENUES       4,471,085.35          823,944.16                       -                          -             379,490.39        5,674,519.90
OTHER SOURCES            41,492.79            54,019.37                       -                          -                          -               95,512.16
TOTAL REVENUES  $  13,501,559.17  $   2,900,125.83  $                   -    $         77,000.00  $       379,490.39  $   16,858,175.39
   
EXPENDITURES:    
INSTRUCTIONAL SERVICES       8,137,369.15          970,602.83                       -                          -             115,383.19        9,223,355.17
INSTRUCTIONAL SUPPORT SERVICES       2,058,972.43          246,767.18                       -                          -             173,888.57        2,479,628.18
OPERATION & MAINTENANCE       1,048,360.22            67,951.74                       -                          -                          -          1,116,311.96
AUXILIARY SERVICES          615,496.84       1,101,036.90                       -                          -                 8,854.88        1,725,388.62
GENERAL ADMINISTRATIVE SERVICES          469,791.93            96,798.12                       -             208,458.21                        -             775,048.26
CAPITAL OUTLAY            76,940.00                       -            305,979.90             97,419.94                        -             480,339.84
DEBT SERVICES                       -                         -                         -                          -                          -                          -  
OTHER EXPENDITURES          281,544.00          210,768.09                       -                          -             104,437.95           596,750.04
TOTAL EXPENDITURES  $  12,688,474.57  $   2,693,924.86  $      305,979.90  $       305,878.15  $       402,564.59  $   16,396,822.07
   
OTHER FUND SOURCES (USES):    
TRANSFERS IN & OTHER FUND SOURCES          243,751.90            76,630.64                       -                          -                 1,265.23           321,647.77
TRANSFERS OUT         (141,930.59)          (79,597.22)                       -                          -               (5,672.23)          (227,200.04)
TOTAL OTHER FUND SOURCES (USES)  $      101,821.31  $        (2,966.58)  $                   -    $                     -    $          (4,407.00)  $         94,447.73
   
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES  $      914,905.91  $      203,234.39  $     (305,979.90)  $      (228,878.15)  $        (27,481.20)  $       555,801.05
   
BEGINNING FUND BALANCE - OCT 1  $   3,933,575.19  $      875,238.95  $      177,604.08  $       103,983.59  $       323,825.99  $     5,414,227.80
   
ENDING FUND BALANCE - OCT 31  $   4,848,481.10  $   1,078,473.34  $     (128,375.82)  $      (124,894.56)  $       296,344.79  $     5,970,028.85
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING APRIL 30, 2015
EXHIBIT F-III-A
FUND TYPE  GENERAL   SPECIAL 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES     15,290,528.00       8,954,550.19      (6,335,977.81)           504,014.00                        -            (504,014.00)
FEDERAL REVENUES            62,230.00            34,430.84          (27,799.16)        3,411,325.35        2,022,162.30       (1,389,163.05)
LOCAL REVENUES       6,156,002.93       4,471,085.35      (1,684,917.58)        1,144,442.00           823,944.16          (320,497.84)
OTHER SOURCES          150,538.00            41,492.79         (109,045.21)             70,287.63             54,019.37            (16,268.26)
TOTAL REVENUES     21,659,298.93     13,501,559.17      (8,157,739.76)        5,130,068.98        2,900,125.83       (2,229,943.15)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES     13,991,892.34       8,137,369.15      (5,854,523.19)        2,285,569.59           970,602.83       (1,314,966.76)
INSTRUCTIONAL SUPPORT SERVICES       3,615,493.32       2,058,972.43      (1,556,520.89)           489,635.16           246,767.18          (242,867.98)
OPERATION & MAINTENANCE       1,921,907.00       1,048,360.22         (873,546.78)             71,444.00             67,951.74             (3,492.26)
AUXILIARY SERVICES       1,044,672.00          615,496.84         (429,175.16)        1,667,444.16        1,101,036.90          (566,407.26)
GENERAL ADMINISTRATIVE SERVICES          928,229.91          469,791.93         (458,437.98)           217,090.35             96,798.12          (120,292.23)
CAPITAL OUTLAY            76,941.20            76,940.00                   (1.20)                        -                          -                          -  
DEBT SERVICES                       -                         -                         -                          -                          -                          -  
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES          385,965.66          281,544.00         (104,421.66)           264,937.00           210,768.09            (54,168.91)
TOTAL EXPENDITURES     21,965,101.43     12,688,474.57      (9,276,626.86)        4,996,120.26        2,693,924.86       (2,302,195.40)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN          187,978.70          145,665.04          (42,313.66)           163,472.00             76,630.64            (86,841.36)
OTHER FUND SOURCES          178,892.62            98,086.86          (80,805.76)                        -                          -                          -  
OTHER FUND USES         (154,749.70)         (141,930.59)            12,819.11          (179,887.00)            (79,597.22)           100,289.78
TOTAL OTHER FUND SOURCES (USES)          212,121.62          101,821.31         (110,300.31)            (16,415.00)             (2,966.58)             13,448.42
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES          (93,680.88)          914,905.91       1,008,586.79           117,533.72           203,234.39             85,700.67
     
BEGINNING FUND BALANCE       3,929,306.20       3,933,575.19              4,268.99           875,280.95           875,238.95                  (42.00)
     
ENDING FUND BALANCE       3,835,625.32       4,848,481.10       1,012,855.78           992,814.67        1,078,473.34             85,658.67
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING APRIL 30, 2015
EXHIBIT F-III-B
FUND TYPE  DEBT SERVICE   CAPITAL PROJECTS 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES          676,570.00                       -           (676,570.00)           132,000.00             77,000.00            (55,000.00)
FEDERAL REVENUES                       -                         -                         -                          -                          -                          -  
LOCAL REVENUES                       -                         -                         -                          -                          -                          -  
OTHER SOURCES       1,437,498.00                       -        (1,437,498.00)                        -                          -                          -  
TOTAL REVENUES       2,114,068.00                       -        (2,114,068.00)           132,000.00             77,000.00            (55,000.00)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES                       -                         -                         -                          -                          -                          -  
INSTRUCTIONAL SUPPORT SERVICES                       -                         -                         -                          -                          -                          -  
OPERATION & MAINTENANCE                       -                         -                         -                          -                          -                          -  
AUXILIARY SERVICES                       -                         -                         -                          -                          -                          -  
GENERAL ADMINISTRATIVE SERVICES                       -                         -                         -             243,080.90           208,458.21            (34,622.69)
CAPITAL OUTLAY                       -            305,979.90          305,979.90                        -               97,419.94             97,419.94
DEBT SERVICES       1,891,777.65                       -        (1,891,777.65)           146,373.57                        -            (146,373.57)
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES                       -                         -                         -                          -                          -                          -  
TOTAL EXPENDITURES       1,891,777.65          305,979.90      (1,585,797.75)           389,454.47           305,878.15            (83,576.32)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN                       -                         -                         -             222,290.35                        -            (222,290.35)
OTHER FUND SOURCES                       -                         -                         -                          -                          -                          -  
OTHER FUND USES         (222,290.35)                       -            222,290.35                        -                          -                          -  
TOTAL OTHER FUND SOURCES (USES)         (222,290.35)                       -            222,290.35           222,290.35                        -            (222,290.35)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES                       -           (305,979.90)         (305,979.90)            (35,164.12)          (228,878.15)          (193,714.03)
     
BEGINNING FUND BALANCE          177,604.08          177,604.08                       -             103,983.59           103,983.59                        -  
     
ENDING FUND BALANCE          177,604.08         (128,375.82)         (305,979.90)             68,819.47          (124,894.56)          (193,714.03)
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING APRIL 30, 2015
EXHIBIT F-III-C
FUND TYPE  EXPENDABLE TRUST   TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES                       -                         -                         -         16,603,112.00        9,031,550.19       (7,571,561.81)
FEDERAL REVENUES                       -                         -                         -          3,473,555.35        2,056,593.14       (1,416,962.21)
LOCAL REVENUES          604,375.00          379,490.39         (224,884.61)        7,904,819.93        5,674,519.90       (2,230,300.03)
OTHER SOURCES                       -                         -                         -          1,658,323.63             95,512.16       (1,562,811.47)
TOTAL REVENUES          604,375.00          379,490.39         (224,884.61)       29,639,810.91       16,858,175.39     (12,781,635.52)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES          150,725.00          115,383.19          (35,341.81)       16,428,186.93        9,223,355.17       (7,204,831.76)
INSTRUCTIONAL SUPPORT SERVICES          298,850.00          173,888.57         (124,961.43)        4,403,978.48        2,479,628.18       (1,924,350.30)
OPERATION & MAINTENANCE                       -                         -                         -          1,993,351.00        1,116,311.96          (877,039.04)
AUXILIARY SERVICES              6,600.00              8,854.88              2,254.88        2,718,716.16        1,725,388.62          (993,327.54)
GENERAL ADMINISTRATIVE SERVICES                       -                         -                         -          1,388,401.16           775,048.26          (613,352.90)
CAPITAL OUTLAY                       -                         -                         -               76,941.20           480,339.84           403,398.64
DEBT SERVICES                       -                         -                         -          2,038,151.22                        -         (2,038,151.22)
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES          178,400.00          104,437.95          (73,962.05)           829,302.66           596,750.04          (232,552.62)
TOTAL EXPENDITURES          634,575.00          402,564.59         (232,010.41)       29,877,028.81       16,396,822.07     (13,480,206.74)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN            20,000.00              1,265.23          (18,734.77)           593,741.05           223,560.91          (370,180.14)
OTHER FUND SOURCES                       -                         -                         -             178,892.62             98,086.86            (80,805.76)
OTHER FUND USES          (36,814.00)            (5,672.23)            31,141.77          (593,741.05)          (227,200.04)           366,541.01
TOTAL OTHER FUND SOURCES (USES)          (16,814.00)            (4,407.00)            12,407.00           178,892.62             94,447.73            (84,444.89)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES          (47,014.00)          (27,481.20)            19,532.80            (58,325.28)           555,801.05           614,126.33
     
BEGINNING FUND BALANCE          323,825.99          323,825.99                       -          5,410,000.81        5,414,227.80               4,226.99
     
ENDING FUND BALANCE          276,811.99          296,344.79            19,532.80        5,351,675.53        5,970,028.85           618,353.32