ALEXANDER CITY BOARD OF EDUCATION 
COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS
FISCAL PERIOD ENDING JULY 31, 2017
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  $   7,441,788.90  $      884,283.77  $      285,508.68  $        (86,320.73)  $       317,136.15  $                     -  
Investments                       -              67,144.11                       -                          -                 2,240.77                        -  
Receivables:      
         Interfund                       -                         -                         -                          -                          -                          -  
         Other              5,979.42          433,832.91                       -                          -                    360.85                        -  
Inventories                       -              49,362.51                       -                          -                          -                          -  
Other Assets                       -                         -                         -                          -                          -                          -  
Fixed Assets                       -                         -                         -                          -                          -         36,938,701.83
Other Debits:      
         Debt Service                       -                         -                         -                          -                          -             287,335.69
         Long-Term Debt                       -                         -                         -                          -                          -          4,130,099.35
Total Assets and Other Debits   $   7,447,768.32  $   1,434,623.30  $      285,508.68  $        (86,320.73)  $       319,737.77  $   41,356,136.87
Liabilities and Fund Equity
Liabilities
Salaries and Benefits                924.06                  53.52                       -                          -                          -                          -  
Payroll Taxes                       -                         -                         -                          -                      (3.47)                        -  
Interfund                       -                         -                         -                          -                          -                          -  
Accounts Payable          649,160.13          216,320.80                       -                          -               29,972.01                        -  
Long-Term Liabilities                       -                         -                         -                          -                          -          4,417,435.04
Total Liabilities  $      650,084.19  $      216,374.32  $                   -    $                     -    $         29,968.54  $     4,417,435.04
   
Fund Equity    
Investment in Gen. Fixed Assets                       -                         -                         -                          -                          -         36,938,701.83
Reserved Fund Balance          250,000.00            49,362.51                       -                          -                          -                          -  
Unreserved Fund Balance       6,547,684.13       1,168,886.47          285,508.68            (86,320.73)           289,769.23                        -  
Total Fund Equity  $   6,797,684.13  $   1,218,248.98  $      285,508.68  $        (86,320.73)  $       289,769.23  $   36,938,701.83
   
Total Liabilities and Fund Equity  $   7,447,768.32  $   1,434,623.30  $      285,508.68  $        (86,320.73)  $       319,737.77  $   41,356,136.87
 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 JULY 31, 2017
EXHIBIT F-II-A
FUND TYPE Governmental Fiduciary Total
DESCRIPTION General Special Revenue Debt Service Capital Projects Expendable Trust (Memorandum Only
   
REVENUES:    
STATE REVENUES     13,989,606.52              1,300.00          642,632.00                        -                          -         14,633,538.52
FEDERAL REVENUES            53,091.21       3,556,894.87                       -                          -                          -          3,609,986.08
LOCAL REVENUES       6,677,681.59          864,919.29            60,250.00                        -             459,180.20        8,062,031.08
OTHER SOURCES            45,449.93            40,075.77                       -                          -                          -               85,525.70
TOTAL REVENUES  $  20,765,829.25  $   4,463,189.93  $      702,882.00  $                     -    $       459,180.20  $   26,391,081.38
   
EXPENDITURES:    
INSTRUCTIONAL SERVICES     11,857,610.53       1,837,156.25                       -                          -             108,805.85       13,803,572.63
INSTRUCTIONAL SUPPORT SERVICES       3,392,408.85          526,525.48                       -                 2,155.87           250,276.09        4,171,366.29
OPERATION & MAINTENANCE       1,518,195.04            99,477.55                       -                          -                          -          1,617,672.59
AUXILIARY SERVICES       1,325,333.82       1,601,234.52                       -             524,232.35               8,720.11        3,459,520.80
GENERAL ADMINISTRATIVE SERVICES          815,526.53          136,640.36                       -             104,092.89                        -          1,056,259.78
CAPITAL OUTLAY          100,000.00                       -                         -                          -                          -             100,000.00
DEBT SERVICES                       -                         -            705,167.23               3,174.00                        -             708,341.23
OTHER EXPENDITURES          811,007.56          302,812.01                       -                          -             151,076.57        1,264,896.14
TOTAL EXPENDITURES  $  19,820,082.33  $   4,503,846.17  $      705,167.23  $       633,655.11  $       518,878.62  $   26,181,629.46
   
OTHER FUND SOURCES (USES):    
TRANSFERS IN & OTHER FUND SOURCES          173,537.66          256,046.01                       -             455,455.00             12,584.67           897,623.34
TRANSFERS OUT         (114,935.59)         (161,823.39)                       -                          -              (40,445.62)          (317,204.60)
TOTAL OTHER FUND SOURCES (USES)  $        58,602.07  $        94,222.62  $                   -    $       455,455.00  $        (27,860.95)  $       580,418.74
   
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES  $   1,004,348.99  $        53,566.38  $        (2,285.23)  $      (178,200.11)  $        (87,559.37)  $       789,870.66
   
BEGINNING FUND BALANCE - OCT 1  $   5,793,335.14  $   1,164,682.60  $      287,793.91  $         91,879.38  $       377,328.60  $     7,715,019.63
   
ENDING FUND BALANCE - OCT 31  $   6,797,684.13  $   1,218,248.98  $      285,508.68  $        (86,320.73)  $       289,769.23  $     8,504,890.29
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING JULY 31, 2017
EXHIBIT F-III-A
FUND TYPE  GENERAL   SPECIAL 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES     16,727,613.52     13,989,606.52      (2,738,007.00)                        -                 1,300.00               1,300.00
FEDERAL REVENUES            61,934.00            53,091.21            (8,842.79)        4,487,127.45        3,556,894.87          (930,232.58)
LOCAL REVENUES       7,887,435.53       6,677,681.59      (1,209,753.94)        1,165,998.00           864,919.29          (301,078.71)
OTHER SOURCES          169,816.00            45,449.93         (124,366.07)             56,700.00             40,075.77            (16,624.23)
TOTAL REVENUES     24,846,799.05     20,765,829.25      (4,080,969.80)        5,709,825.45        4,463,189.93       (1,246,635.52)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES     14,508,676.38     11,857,610.53      (2,651,065.85)        2,247,428.76        1,837,156.25          (410,272.51)
INSTRUCTIONAL SUPPORT SERVICES       4,133,984.63       3,392,408.85         (741,575.78)           617,302.89           526,525.48            (90,777.41)
OPERATION & MAINTENANCE       2,058,873.95       1,518,195.04         (540,678.91)             86,117.62             99,477.55             13,359.93
AUXILIARY SERVICES       1,437,422.65       1,325,333.82         (112,088.83)        2,042,889.20        1,601,234.52          (441,654.68)
GENERAL ADMINISTRATIVE SERVICES       1,056,738.67          815,526.53         (241,212.14)           188,930.79           136,640.36            (52,290.43)
CAPITAL OUTLAY          100,000.00          100,000.00                       -                          -                          -                          -  
DEBT SERVICES                       -                         -                         -                          -                          -                          -  
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES          973,705.95          811,007.56         (162,698.39)           447,605.88           302,812.01          (144,793.87)
TOTAL EXPENDITURES     24,269,402.23     19,820,082.33      (4,449,319.90)        5,630,275.14        4,503,846.17       (1,126,428.97)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN            70,635.40            48,173.06          (22,462.34)           176,428.00           256,046.01             79,618.01
OTHER FUND SOURCES          160,485.29          125,364.60          (35,120.69)                        -                          -                          -  
OTHER FUND USES          (71,500.00)         (114,935.59)          (43,435.59)          (158,758.40)          (161,823.39)             (3,064.99)
TOTAL OTHER FUND SOURCES (USES)          159,620.69            58,602.07         (101,018.62)             17,669.60             94,222.62             76,553.02
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES          737,017.51       1,004,348.99          267,331.48             97,219.91             53,566.38            (43,653.53)
     
BEGINNING FUND BALANCE       5,793,335.14       5,793,335.14                       -          1,164,682.60        1,164,682.60                        -  
     
ENDING FUND BALANCE       6,530,352.65       6,797,684.13          267,331.48        1,261,902.51        1,218,248.98            (43,653.53)
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING JULY 31, 2017
EXHIBIT F-III-B
FUND TYPE  DEBT SERVICE   CAPITAL PROJECTS 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES          843,380.00          642,632.00         (200,748.00)                        -                          -                          -  
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          702,882.00      (1,635,983.00)                        -                          -                          -  
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES                       -                         -                         -                          -                          -                          -  
INSTRUCTIONAL SUPPORT SERVICES                       -                         -                         -                 6,000.00               2,155.87             (3,844.13)
OPERATION & MAINTENANCE                       -                         -                         -                          -                          -                          -  
AUXILIARY SERVICES                       -                         -                         -             524,232.35           524,232.35                        -  
GENERAL ADMINISTRATIVE SERVICES                       -                         -                         -             142,621.50           104,092.89            (38,528.61)
CAPITAL OUTLAY                       -                         -                         -                          -                          -                          -  
DEBT SERVICES       2,196,805.37          705,167.23      (1,491,638.14)               3,174.00               3,174.00                        -  
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES                       -                         -                         -                          -                          -                          -  
TOTAL EXPENDITURES       2,196,805.37          705,167.23      (1,491,638.14)           676,027.85           633,655.11            (42,372.74)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN                       -                         -                         -             132,378.31                        -            (132,378.31)
OTHER FUND SOURCES                       -                         -                         -             455,455.00           455,455.00                        -  
OTHER FUND USES         (132,378.31)                       -            132,378.31                        -                          -                          -  
TOTAL OTHER FUND SOURCES (USES)         (132,378.31)                       -            132,378.31           587,833.31           455,455.00          (132,378.31)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES              9,681.32            (2,285.23)          (11,966.55)            (88,194.54)          (178,200.11)            (90,005.57)
     
BEGINNING FUND BALANCE          287,793.91          287,793.91                       -               91,879.38             91,879.38                        -  
     
ENDING FUND BALANCE          297,475.23          285,508.68          (11,966.55)               3,684.84            (86,320.73)            (90,005.57)
 ALEXANDER CITY BOARD OF EDUCATION 
 COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES 
 BUDGET AND ACTUAL 
FISCAL PERIOD ENDING JULY 31, 2017
EXHIBIT F-III-C
FUND TYPE  EXPENDABLE TRUST   TOTAL GOVERNMENT & EXPENDABLE TRUST FUNDS 
DESCRIPTION  BUDGET   ACTUAL   VARIANCE   BUDGET   ACTUAL   VARIANCE 
     
REVENUES:      
STATE REVENUES                       -                         -                         -         17,570,993.52       14,633,538.52       (2,937,455.00)
FEDERAL REVENUES                       -                         -                         -          4,549,061.45        3,609,986.08          (939,075.37)
LOCAL REVENUES          554,531.00          459,180.20          (95,350.80)        9,668,214.53        8,062,031.08       (1,606,183.45)
OTHER SOURCES                       -                         -                         -          1,661,751.00             85,525.70       (1,576,225.30)
TOTAL REVENUES          554,531.00          459,180.20          (95,350.80)       33,450,020.50       26,391,081.38       (7,058,939.12)
     
EXPENDITURES:      
INSTRUCTIONAL SERVICES          155,721.00          108,805.85          (46,915.15)       16,911,826.14       13,803,572.63       (3,108,253.51)
INSTRUCTIONAL SUPPORT SERVICES          200,840.00          250,276.09            49,436.09        4,958,127.52        4,171,366.29          (786,761.23)
OPERATION & MAINTENANCE              4,100.00                       -              (4,100.00)        2,149,091.57        1,617,672.59          (531,418.98)
AUXILIARY SERVICES            12,245.00              8,720.11            (3,524.89)        4,016,789.20        3,459,520.80          (557,268.40)
GENERAL ADMINISTRATIVE SERVICES                       -                         -                         -          1,388,290.96        1,056,259.78          (332,031.18)
CAPITAL OUTLAY                       -                         -                         -             100,000.00           100,000.00                        -  
DEBT SERVICES                       -                         -                         -          2,199,979.37           708,341.23       (1,491,638.14)
      PRINCIPAL      
      INTEREST      
OTHER EXPENDITURES          116,004.00          151,076.57            35,072.57        1,537,315.83        1,264,896.14          (272,419.69)
TOTAL EXPENDITURES          488,910.00          518,878.62            29,968.62       33,261,420.59       26,181,629.46       (7,079,791.13)
     
OTHER FUND SOURCES (USES):      
TRANSFERS IN            23,172.00            12,584.67          (10,587.33)           402,613.71           316,803.74            (85,809.97)
OTHER FUND SOURCES                       -                         -                         -             615,940.29           580,819.60            (35,120.69)
OTHER FUND USES          (41,977.00)          (40,445.62)              1,531.38          (404,613.71)          (317,204.60)             87,409.11
TOTAL OTHER FUND SOURCES (USES)          (18,805.00)          (27,860.95)            (9,055.95)           613,940.29           580,418.74            (33,521.55)
     
EXCESS REVENUES & OTHER SOURCES OVER(UNDER) EXPENDITURES & OTHER FUND USES            46,816.00          (87,559.37)         (134,375.37)           802,540.20           789,870.66            (12,669.54)
     
BEGINNING FUND BALANCE          377,328.60          377,328.60                       -          7,715,019.63        7,715,019.63                        -  
     
ENDING FUND BALANCE          424,144.60          289,769.23         (134,375.37)        8,517,559.83        8,504,890.29            (12,669.54)