GENERAL FUND FINANCIAL ANALYSIS ALL FUNDS FINANCIAL SUMMARY ALL FUNDS INVESTMENT SUMMARY

Transcription

1 GENERAL FUND FINANCIAL ANALYSIS ALL FUNDS FINANCIAL SUMMARY ALL FUNDS INVESTMENT SUMMARY DUBLIN Committed to CITY SCHOOLS Excellence and Equity FOR THE MONTH ENDING March 31,2014 By Stephen Osborne, CPA, Treasurer/CFO

2 TABLE OF CONTENTS DESCRIPTION Pie Chart of Estimated Revenue and Expenditures for fiscal years and Comparison of Fiscal Year 2014 YTD Estimated Revenue and Expenditures with Fiscal Year 2014 YTD Actuals 2 VARIANCE ANALYSIS' Comparison of Cash Balances Comparison of Monthly and Total Receipts Comparison of Monthly and Total Taxes Comparison of Monthly and Total Rollback Collections Comparison of Monthly and Total Foundation/Federal Receipts Comparison of Monthly and Total Interest Revenue Comparison of Monthly and Total Other Revenue Comparison of Monthly and Total All Expenditures Comparison of Monthly and Total Wage Expenditures Comparison of Monthly and Total Fringe Benefit Expenditures Comparison of Monthly and Total Purchased Service Expenses Comparison of Monthly and Total Material Expenditures Comparison of Monthly and Total Equipment Expenditures Comparison of Monthly and Total Other Expenditures 3&4 5&6 7&8 9& & & & & & & &24 25 &26 27 & 28 29&30 ALL FUND REPORTS Receipts, Expenditures and Fund Balances All Funds Comparison of Fiscal Year 2014 YTD Appropriations with Fiscal YTD Actual Expenditures - All Funds (excluding General Fund) Investments - All Funds I - 2

3 ESTIMATED GENERAL FUND REVENUE FY 14 $176,296,611 State Interest Foundation! 0.07% Federal 8.27% State Tax Reimb 7.83% ESTIMATED GENERAL FUND REVENUE FY 04 $105,572,272 Interest 1.47% State Foundationl Federal 14.95% Other 1.48% Property Tax 80.49% Property Tax 74.27% ESTIMATED GENERAL FUND EXPENDITURES FY 14 $172,656,184 ESTIMATED GENERAL FUND EXPENDITURES FY 04 $104,526,010 Fringe Benefits 23.68% Purchased Services 7.11% Fringe Benefits Purchased Wages 63.82% Materials & Supplies 3.27% Capital 0.16% & Debt Service 1.96% Wages 70.06% Materials & Supplies 2.27% Capital 0.44% Other & Debt Service 1.84% Enrollment FY ,886 FY ,419 % Change 19.86% Page 1

4 DUBLIN CITY SCHOOLS COMPARISON OF FISCAL YEAR 2014 YEAR-TO-DATE ESTIMATED REVENUES AND EXPENDITURES WITH FISCAL YEAR 2014 YEAR-TO-DATE ACTUALS GENERAL & REQUIRED DEBT SERVICE FUNDS ONLY CATEGORY FY 14 EST. FY 14 ACTUAL VARIANCE PERCENTAGE BEGINNING BALANCE $38,241,504 $38,241,504 0% RECEIPTS Real Estate Tax $141,888,598 $144,319,797 $2,431,199 2% Tangible Tax 0 10,443 10,443 0% Investment Income 100, ,901 28,605 29% Borrowing % Other Local Revenue 784, , ,740 17% State FoundationlFederal 11,134,163 11,745, ,431 5% State Taxes Reim. (HB66) 9,018,608 9,023,557 4,949 0% Other Non-Operating 533, , ,546 45% TOTAL RECEIPTS $163,460,122 $166,921,035 $3,460,913 2% RECEIPTS AND BALANCE $201,701,626 $205,162,539 $3,460,913 2% EXPENDITURES Salaries & Wages $82,587,259 82,479,700 ($107,559) 0% Fringe Benefits $30,409,487 29,949,537 (459,950) -2% Purchased Services $8,620,965 8,605,109 (15,856) 0% Supplies $4,346,799 4, I 03,566 (243,233) -6% Equipment $258, ,853 48,520 19% Debt Repayment % Other Expenses 2,759,524 2,753,680 (5,844) 0% Other Non-Operating 463, ,544 28,028 6% Total Expenditures $129,445,883 $128,689,989 ($755,894) -1% ENDING CASH BALANCE $72,255,743 $76,472,550 $4,216,807 6% ENCUMBRANCES $4,205,266 $4,205,266 UNRESERVEDfUNDESIGNATED BALANCE $68,050,477 $72,267,284 $4,216,807 Page2

5 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY ENDING CASH BALANCES $90,000,000 $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN Cl FY 13 ACTUAL IZI FY 14 EST. FY 14 ACTUAL Page 3

6 DUBLIN CITY SCHOOLS COMPARISON OF CASH BALANCES March 31, 2014 Actual Cash Balance $76,472,550 Estimated Cash Balance $72,255,743 Variance From Estimate OVER $4,216,807 Percent Variance From Estimate OVER 5.84% Previous Year Cash Balance $67,410,634 COMMENTS: We are above estimates at this point in the year due to favorable revenue and expenditure variance. The revenue variance is primarily due to higher than expected state foundation aid at this point in the year. The expenditure variance is primarily due to timing differences in materials & supplies and fringe benefit expenditures. Page 4

7 DUBLIN CITY SCHOOLS COMPARISON OF TOTAL MONTHLY RECEIPTS $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I [] FY 13 ACTUAL rafy 14 EST. afy 14 ACTUAL~ COMPARISON OF TOTAL REVENUE YEAR TO DATE $180,000,000 $165,000,000 $150,000,000 $135,000,000 $120,000,000 $105,000,000 $90,000,000 $75,000,000 $60,000,000 $45,000,000 $30,000,000 $15,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN Ll YTD 13 ACTUAL raytd 14 EST. aytd 14 ACTUAL Page 5

8 DUBLIN CITY SCHOOLS COMPARISON OF TOTAL RECEIPTS March 31, 2014 MONTH YEAR-TO-OATE Actual Receipts $34,869,867 $166,921,035 Estimated Receipts $32,713,817 $163,460,122 Variance From Estimate OVER $2,156,050 OVER $3,460,913 Variance From Estimate OVER 6.59% OVER 2.12% Actual Prior Year $31,632,832 $153,108,720 Total Estimate $176,296,611 Percent Of Total Estimate Received 94.68% Percent Of Budget Year Completed 9 Months 75.00% COMMENTS: Actual revenues are over estimates due to higher than expected state foundation aid at this point in the year and favorable first have real estate tax collections. Page 6

9 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY LOCAL TAXES $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN [ify 13 ACTUAL El FY 14 EST. FY 14 ACTUAL COMPARISON OF LOCAL TAXES YEAR TO DATE j j j j ~ j _=:=_ j ; j j ==--j: j----:= o JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN oytd 13 ACTUAL EaYTD 14 EST..YTD 14 ACTUAL Page 7

10 DUBLIN CITY SCHOOLS COMPARISON OF LOCAL TAXES March 31,2014 MONTH YEAR-TO-DATE Actual Tax Receipts $33,779,220 $144,330,240 Estimated Tax Receipts $31,519,212 $141,888,598 Variance From Estimate OVER $2,260,008 OVER $2,441,642 Variance From Estimate OVER 7.17% OVER 1.72% Actual Prior Year $30,413,082 $133,627,731 Total Estimate $141,895,403 Percent Of Total Estimate Received Percent Of Budget Year Completed 9 months % 75.00% COMMENTS: We are on target with annual estimates. Page 8

11 DUBLIN CITY SCHOOLS COMPARISON OF STATE TAX REIMBURSEMENT COLLECTIONS $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN [i'fy 13 ACTUAL IZIFY 14 EST..FY 14 ACTUAL =:J COMPARISON OF STATE TAX REIMBURSEMENT REVENUE YEAR TO DATE $22,000,000 $20,000,000 $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN GlFY 13 ACTUAL I2FY 14 EST..FY 14 ACTUAL Page 9

12 DUBLIN CITY SCHOOLS COMPARISON OF STATE TAXES REIMBURSEMENT March 31,2014 MONTH YEAR-TO-DATE Actual State Receipts $9,023,557 Estimated State Receipts $9,018,608 Variance From Estimate OVER $4,949 Variance From Estimate 0.00% OVER 0.05% Actual Prior Year $7,986,118 Total Estimate $17,939,545 Percent Of Total Estimate Received 50.30% Percent Of Budget Year Completed 9 months 75.00% COMMENTS: We are on target with annual estimates Page 10

13 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY FOUNDATION/FEDERAL RECEIPTS $2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I [] FY 13 ACTUAL I2IFY 14 EST..FY 14 ACTUAL $17,500,000 COMPARISON OF FOUNDATION/FEDERAL YEAR TO DATE $15,000,000 $12,500,000 $10,000,000 $7,500,000 $5,000,000 $2,500,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN []YTD 13 ACTUAL I2IYTD 14 EST..YTD 14 ACTUAL Page 11

14 DUBLIN CITY SCHOOLS COMPARISON OF STATE FOUNDATION/FEDERAL March 31,2014 MONTH YEAR-TO-DATE Actual State Receipts $999,828 $11,745,594 Estimated State Receipts $1,065,932 $11,134,163 Variance From Estimate UNDER ($66,104) OVER $611,431 Variance From Estimate UNDER -6.20% OVER 5.49% Actual Prior Year $1,053,999 $10,247,130 Total Estimate $14,581,959 Percent Of Total Estimate Received 80.55% Percent Of Budget Year Completed 9 months 75.00% COMMENTS: With the change in the funding formula in the fail, state foundation aid revenues are favorable. We anticipate revenues at year end to be on target with annual estimates. Page 12

15 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY INTEREST REVENUE $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I OFY 13 ACTUAL ElFY 14 EST..FY 14 ACTUAL COMPARISON OF INTEREST REVENUE YEAR TO DATE $500,000 $400,000 $300,000 $200,000 $100,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN OYTO 13 ACTUAL IilYTD 14 EST..YTD 14 ACTUAL Page 13

16 DUBLIN CITY SCHOOLS COMPARISON OF INTEREST EARNINGS March 31, 2014 MONTH YEAR-TO-DATE Actual Interest Receipts $25,879 $128,901 Estimated Interest Receipts $6,550 $100,296 Variance From Estimate OVER $19,329 OVER $28,605 Variance From Estimate OVER % OVER 28.52% Actual Prior Year $25,926 $203,260 Total Estimate $122,948 Percent Of Total Estimate Received Percent Of Budget Year Completed 9 months % 75.00% COMMENTS: We are on target with annual estimates Page 14

17 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY OTHER REVENUE $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN ($100,000) -'-~~~~~~~~~~~~~~~~~~~~~~~~~~~~~- I 8FY 13 ACTUAL BlFY 14 EST. DFY 14 ACTUAL $1,800,000 COMPARISON OF OTHER REVENUE YEAR TO DATE $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN 8YTD 13 ACTUAL BlYTD 14 EST. DYTD 14 ACTUAL Page 15

18 DUBLIN CITY SCHOOLS COMPARISON OF OTHER REVENUES March 31,2014 MONTH YEAR-TO-DATE Actual Other Receipts $64,940 $1,692,743 Estimated Other Receipts $122,123 $1,318,457 Variance From Estimate UNDER ($57,183) OVER $374,286 Variance From Estimate UNDER % OVER 28.39% Actual Prior Year $139,825 $1,044,481 Total Estimate $1,756,756 Percent Of Total Estimate Received 96.36% Percent Of Budget Year Completed 9 months 75.00% COMMENTS: We are favorable in other revenues due to one-time refunds from SERS and the Delaware County Auditor that were received in the fall. Page 16

19 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY EXPENDITURES $16,000,000 $14,000,000 -t--- $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I []FY 13 ACTUAL III FY 14 EST. _ FY 14 ACTUAL $180,000,000 COMPARISON OF TOTAL EXPENDITURES YEAR TO DATE $165,000,000 $150,000,000 $135,000,000 $120,000,000 $105,000,000 $90,000,000 $75,000,000 $60,000, :==_ $45,000,000 $30,000,000 $15,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN []YTD 13 ACTUAL r;jytd 14 EST. _YTD 14 ACTUAL Page 17

20 DUBLIN CITY SCHOOLS COMPARISON OF TOTAL EXPENDITURES March 31,2014 MONTH YEAR-TO-DATE Actual Expenditures $14,887,920 $128,689,989 Estimated Expenditures $15,048,907 $129,445,883 Variance From Estimate UNDER ($160,987) UNDER ($755,894) Variance From Estimate UNDER -1.07% UNDER -0.58% Actual Prior Year $14,503,653 $124,343,496 Total Estimate $172,656,184 Percent Of Total Estimate Spent Percent Of Budget Year Completed 9 months 74.54% 75.00% COMMENTS: We are on target with annual estimates Page 18

21 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY WAGE EXPENSE $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I EI FY 13 ACTUAL II'IFY 14 EST..FY 14 ACTUAL $120,000,000 COMPARISON OF WAGE EXPENSE YEAR TO DATE $110,000,000 $100,000,000 $90,000,000 $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN E1YTD 13 ACTUAL I2IYTD 14 EST..YTD 14 ACTUAL Page 19

22 DUBLIN CITY SCHOOLS COMPARISON OF WAGE EXPENDITURES March 31, 2014 MONTH YEAR-TO-DATE Actual Wage Expenditures $9,108,411 $82,479,700 Estimated Wage Expenditures $9,150,139 $82,587,259 Variance From Estimate UNDER ($41,728) UNDER ($107,559) Variance From Estimate UNDER -0.46% UNDER -0.13% Actual Prior Year $8,934,254 $81,751,174 Total Estimate $110,198,081 Percent Of Total Estimate Spent Percent Of Budget Year Completed 9 months 74.85% 75.00% COMMENTS: We are on target with annual estimates Page 20

23 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY FRINGE BENEFIT COSTS $4,000,000 $3,750,000 $3,500,000 $3,250,000 $3,000,000 $2,750,000 $2,500,000 $2,250,000 $2,000,000 $1,750,000 $1,500,000 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I BFY 13 ACTUAL I!'lFY 14 EST. _FY 14 ACTUAL COMPARISON OF FRINGE BENEFITS YEAR TO DATE $40,000,000 $36,000, =r-- $32,000, j'''l-- $28,000,000 $24,000,000 $20,000,000 $16,000,000 $12,000,000 $8,000,000 $4,000, JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN oytd 13 ACTUAL taytd 14 EST. _YTD 14 ACTUAL Page 21

24 DUBLIN CITY SCHOOLS COMPARISON OF FRINGE BENEFIT EXPENDITURES March 31, 2014 MONTH YEAR-TO-DATE Actual Fringe Benefit Expenditures $3,248,837 $29,949,537 Estimated Fringe Benefit Expenditures $3,341,987 $30,409,487 Variance From Estimate UNDER ($93,150) UNDER ($459,950) Variance From Estimate UNDER -2.79% UNDER -1.51% Actual Prior Year $3,167,605 $29,103,021 Total Estimate $40,888,889 Percent Of Total Estimate Spent 73.25% Percent Of Budget Year Completed 9 months 75.00% COMMENTS: Due to timing in benefit payments we are favorable. We anticipate expenditures at year end to be on target with annual estimates. Page 22

25 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY PURCHASED SERVICE COSTS $1,500,000 $1,350,000 $1,200,000 $1,050,000 $900,000 $750,000 $600,000 $450,000 $300,000 $150,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I D FY 13 ACTUAL rnfy 14 EST II FY 14 ACTUAL~ $12,000,000 COMPARISON OF PURCHASED SERVICES YEAR TO DATE $11,000,000 $10,000,000 $9,000,000 $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN DYTD 13 ACTUAL IllYTD 14 EST. IIYTD 14 ACTUAL Page 23

26 DUBLIN CITY SCHOOLS COMPARISON OF SERVICE EXPENDITURES March 31,2014 Actual Service Expenditures Estimated Service Expenditures MONTH $926,364 $916,304 YEAR-TO-DATE $8,605,109 $8,620,965 Variance From Estimate OVER $10,060 UNDER ($15,856) Variance From Estimate OVER 1.10% UNDER -0.18% Actual Prior Year $883,481 $7,737,392 Total Estimate $12,271,578 Percent Of Total Estimate Spent Percent Of Budget Year Completed 9 months 70.12% 75.00% COMMENTS: We are on target with annual estimates. Page 24

27 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY MATERIAL EXPENSES $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $5,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I ofy 13 ACTUAL IilFY 14 EST..FY 14 ACTUAL~ COMPARISON OF MATERIALS EXPENSES YEAR TO DATE $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN E1YTD 13 ACTUAL f1iytd 14 EST..YTD 14 ACTUAL Page 25

28 DUBLIN CITY SCHOOLS COMPARISON OF MATERIAL EXPENDITURES March 31,2014 MONTH YEAR-TO-DATE Actual Material Expenditures $285,437 $4,103,566 Estimated Material Expenditures $344,789 $4,346,799 Variance From Estimate UNDER ($59,352) UNDER ($243,233) Variance From Estimate UNDER % UNDER -5.60% Actual Prior Year $265,776 $2,458,500 Total Estimate $5,639,875 Percent Of Total Estimate Spent 72.76% Percent Of Budget Year Completed 9 months 75.00% COMMENTS: The variance is due to timing of payments and will come in line with annual estimates as the year progresses. Page 26

29 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY EQUIPMENT EXPENSES $150,000 $140,000 $130,000 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I ID FY 13 ACTUAL IZIFY 14 EST. a FY 14 ACTUAL COMPARISON OF EQUIPMENT EXPENSES YEAR TO DATE $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN IDYTD 13 ACTUAL 0YTD 14 EST. aytd 14 ACTUAL Page 27

30 DUBLIN CITY SCHOOLS COMPARISON OF EQUIPMENT EXPENDITURES March 31, 2014 MONTH YEAR-TO-DATE Actual Equipment Expenditures $10,924 $306,853 Estimated Equipment Expenditures $5,383 $258,333 Variance From Estimate OVER $5,541 OVER $48,520 Variance From Estimate OVER % OVER 18.78% Actual Prior Year $20,366 $151,485 Total Estimate $279,659 Percent Of Total Estimate Spent % Percent Of Budget Year Completed 9 months 75.00% COMMENTS: The variance is due to higher than anticipated equipment purchases at the building and department level to support student and staff needs. Increased outlay for equipment will be offset by reduced spending in other areas of the respective budgets. Page 28

31 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY OTHER EXPENSES $1,300,000 $1,200,000 $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I BFY13ACTUAL ElFY14EST.FY14ACTUAC] COMPARISON OF OTHER EXPENSES YEAR TO DATE $3,300,000 $3,000,000 $2,700,000 $2,400,000 $2,100,000 $1,800,000 $1,500,000 $1,200,000 $900,000 $600,000 $300,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN BYTD 13 ACTUAL BYTD 14 EST..YTD 14 ACTUAL Page 29

32 DUBLIN CITY SCHOOLS COMPARISON OF OTHER EXPENDITURES March 31,2014 MONTH YEAR-TO-DATE Actual Other Expenditures $1,307,947 $3,245,224 Estimated Other Expenditures $1,290,305 $3,223,040 Variance From Estimate OVER $17,642 OVER $22,184 Variance From Estimate OVER 1.37% OVER 0.69% Actual Prior Year $1,232,171 $3,141,924 Total Estimate $3,378,102 Percent Of Total Estimate Spent 96.07% Percent Of Budget Year Completed 9 months 75.00% COMMENTS: We are on target with annual estimates Page 30

33

34 Date: 04/03/2014 Time: 6:39 am DUBLIN CITY SCHOOLS Financial Report by Fund/SCC Page: ( FINSUM) Fund # Fund Description FYTO Begin Balance MTD Receipts Receipts MTD FYTO Current Expenditures E)(penditures Fund Balance Current Encumbrances unencumbered Bank Fund Balance Code GENERAL FUND 36,191, ,869, ,237, General Fund Transportation 143, , Graded Course of Study 1,906, ,279, BOND RETIREMENT 8,014, ,681, ,406, Energy Conservation Sinking Fund 760, , HB 264 Energy Conservation Project 76, , Building Fund November , November nd Issue 4,056, November 2012 Bond Issue ,871, Retainage Escrow 63, Food Service 204, , ,586, SPECIAL TRUST FUND MCGEE SPECIAL TRUST SCHOLARSHIP 3, , SPECIAL TRUST MCGARVEY Stadtlander Family Local Scholarship 5, , Davis Middle Judy Overberg Trust ,846, ,016, ,413, , , , ,356, ,829, , ,855, ,564, o ,140, , , , , , ,818, ,238, , ,533, ,338, , , ,233, , , , , , , ,124, ,289, , , ,748, ,564, O. 00 1,140, , , ,67400 O , ,539, ,480, ,857, , , ,471, , , , , ,

35 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 2 Time: 6:39 am Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTO MTO FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Bill Headlee Memorial Scholarship 6, , , , District Community Education Fund 77, , , , , , , Community Education - Ski Club 56, , , , , , Coffman Principal's Fund 24, , , , , , Sells Middle Principal'S Fund 28, , , , , Davis Middle Principal's Fund 33, , , , , Indian 'co Principal's FuM 13, , , , , Olde Sawmill Principal's Fund 6, , , , Deer Run Principal's Fund 4, , , , , , , Wyandot Principal's Fund 4, O. 00 4, , , , Riverside Principal' s Fund 5, , , , , Scottish Corners PrinCipal' s Fund 10, , , , , , Thomas Principal's Fund 16, , , , , , Chapman Principal's Fund 25, , , , , , Wnght Principal's Fund 9, , , , , Scioto Principal s Fund 13, , , , ,001.92

36 Date: 04/03/2014 Time: 6:39 am DUBLIN CITY SCHOOLS Financial Report by Fund/SCC Page: (FINSUM) 3 Fund # Fund Descrlption Begin Balance MTD Receipts FYTD Receipts MTO Expenditures FYTO Expenditures Current Fund Balance Current Encumbrances Unencumbered Bank Fund Balance Code Grizzell Middle 12, Principal's Fund , , , , , , Central Office Support 25, , , , , Support literacy Conference 2, , , , , , , Coffman Teachers' Fund 24, , , O. 00 5, , , Support 408, Preschool 14, , , , , , Scioto library Support Coffman library Support 1, , , Jerome library Support 4, , , BAILEY PRINCIPAL S FUND 15, , , , , , Teen Institute 1, , , Jerome Teacher's Fund 3, , , , , Pinney Principal's Fund 15, , , , , Glacier Ridge 16, Principal's Fund , , , , , Scioto Teacher's Fund , , , Staff Support Ashland 24, , , , Synthetic Field Support Fund 627, , , , , , , ,

37 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 4 Time: 6:39 am Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTO FYTD Current Current Unencumbered Bank Begin Balance MTO Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Coffman Theatre Support Fund 39, , , , , Jerome Theatre Support Fund 238, , , , , Scioto Theatre Support Fund 29, , , , , DJHS Principal's Fund 41, , , , , , , Special Education Conference SUPPORT TRANSPORTATION DEPT. 16, , , Support Maintenance Department 1, , , Karrer Principal's Fund 20, , , , , District Support Fund NEA Foundation Riverside Tech Frontiers Special Educ Power Plus Program 3, , , , Career Development Tolles 22, , , , Integrated Educational Systems COSERRC 1, , , West Bridge Academy 1, , , Youth Service America -Growing Together Grant 2, , ,511.90

38 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 5 Time: 6:39 am Financial Aeport by Fund/SCC (FINSUr~ ) Fund 1/ Fund Description FYTO MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Dublin Arts Council Grant Wyandot 3, o. 00 3, , Excellence and Equity through Technology , , , , , Summer School 134, , , , , , , Coffman Guidance Testing & Copier 38, , , , , , Scioto Guidance Testing & Copier 19, , , , , , , Jerome Guidance Testing & Copier 32, , , , , , , District PSAT 10, , , , , DISTRICT AGENCY STRS 397', ,037, ,543, , ,583, , , DISTRICT AGENCY-SEAS 4, , ,781, , ,827, , , DISTRICT AGENCY -CHARTWELLS 15, , , , , , , Win/Win Agreement 472, , ,403, O. 00 1,403, Agency Dental Insurance 3, , ,253, , ,256, _26 0_ Agency Life Insurance 36,647_01 16, ,765_57 16, , , , DISTRICT AGENCY i3 Reading Recovery 13, _00 10, _00 18,496_64 5,924 " 1, , DISTRICT AGENCY - READING RECOVERY 91, , , , , , EMPLOYEE BENEFITS-C.M. I.C ,015, ,073, , ,102, ,971,375_68 3,750_00 3,967,

39 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 6 Time: 6:39 am Financial Report by Fund/SCC (FINSUM) Fund 1/ Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code EMPLOYEE BENEFITS VISION 286, , , , , , , , DUBLIN EDUCATION FOUNDATION FUND 200, , , Davis. Art Club Davis Middle 6th Grade Outdoor Education 3, , O , , , Davis. Math Counts O Davis Middle Spanish Club Davis Middle Team 6 1 2, , , Davis Middle Team 6 2 2, , , Davis Middle Team 7 3, O , , Davis Middle Team , Davis Middle Team 8 5, , O. 00 5, Davis Middle Student Council O Davis Middle Youth to Youth Davis Middle. Yearbook 1, O , , Davis Washington DC 4, , ,031. DO 14, , , Sells Middle Art Club

40 Date; 04f03f2014 DUBLIN CITY SCHOOLS Page; 7 Time; 6;39 am FinarlCial Report by FUrld/SCC (FINSUM) FuM 1/ FUrld Descriptiorl FYTD MTD FYTD Currerlt Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Sells Middle Nature 's Class 1, , , Sells Middle Team 6-1 1, , Sells Middle - Team Sells Middle Team O. 00 O o Sells Middle Team o Sells Middle Team 8-1 1, O. 00 2, O. 00 1, , O. 00 1, Sells 8th Grade Annual Trip , Sells Middle Student Council O. 00 O Sells Middle Youth to Youth Sells Middle Yearbook O Grizzell Middle School Store o. 00 O O Grizzell Middle Outdoor Club O Grizzell Middle. 6th Grade Outdoor Educ. 3, O , , , , Grizzell Middle - Team , O. 00 1, Grizzell Middle Team O O Grizzell Middle Team O O

41 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 8 Time: 6:39 am Financial Report by Fund/SCC ( FINSUMj Fund /I Fund Description FYTO MTO FYTO Current Currerlt Unencumbered BanK 8egin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Grizzell Middle - Team Grizzell Middle - Team 8-1 3, , , , , , Grizzell Middle - Student Council Grizzell Middle - Yearbook 9, , , , , Grizzell Middle - Art Club , , Davis Middle Advising & Caring Together Grizzell video/technology Club Grizzell Student Social Club SellS Power of the Pen Sells Special Education Scioto Class of Scioto Class of , , , , ,824 OS 8, Scioto Class of , , , , , , Scioto Class of , , , , , , Scioto Class of Coffman Quiz Team

42 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 9 Time: 6:39 am Financial Report by Fund/SeC (FINSUM) Fund 1/ Fund Description FYTD "TD FYTD Current Current unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Coffman Aock Solid Coffman Robotics Club 8, , , , , Coffman Renaissance Club 1, , , Coffman - Social Studies Club Coffman Interact Club OCHS. Principles of Business Coffman. Class of , , , , Coffman Class of , , , , , , Coffman Class of , , , , , , Coffman Class of , , , , , Coffman. Class of O Coffman Ac1 Club O Coffman 0", Voice: Black Student Alliance O Coffman Bowling Club O Coffman Teens for a Cure Coffman Latin Club O O

43 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 10 Time: 6:39 am Financial Report by Fund/SCC ( FINSUM) Fund 1/ Fund Description FYTD MTO FYTO Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Coffman French Club Coffman German Club O. 00 O O Coffman Chinese Club O Coffman Spanish Club , , , , Coffman Future HomemaKers of America 1, , , Coffman Industrial Tech Club Coffman OWE O Coffman School Store "RocK Shop" 43, , , , , , , , Coffman Multicultural Alliance Coffman Future Teachers of America O Karrer Foriegn Language O. 00 O O O Karrer - Power of the 'eo Karrer Schaal Store O Karrer Student Council 2, , , , , Karrer. Team O O Karrer Team O. 00 O O

44 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 11 Time: 6:39 am Fwancial Report by Fund/SeC ( FINSUM) Fund # Fund Description FYTO MTO FYTD Current Current Unencumbered BanK 8egin 8alance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund 8alance Code Karrer Team Karrer Team Karrer Team Karrer YearbooK 4, , , , Karrer Act Club O Karrer Nature 's Classroom , , Karrer Youth Teen Institute 1, O , , Karrer Library Council O Karrer School MUSical 5, , , , , Jerome Tournament 5, , , , , Scioto Tournament , , O Coffman Trainer Coffman Tournament 5, , , , , , , Coffman Student Council , , O , , Coffman Nat'l Honor Society 4, , , O. 00 2, , , Coffman Environmental Club

45 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 12 Time: 6:39 am Financial Report by Fund/SCC (FlNSUM) Fund /I Fund Description FYTD MTO FYTD Current Current Unencumbered BanK Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Coffman Communications Club Coffman Fencing Club Coffman Key Club 3, , , , , Coffman Physics Club , , , , Coffman Science Olympiad Club Coffman Coffman Connection , , Coffman - Me Alpha Theta , Dublin Coffman Life SKills 2, , , DCHS Habitat foe Humanity Coffman Yearbook 132, , , , , , , Coffman Newspaper 5, , , , , , , Coffman Broadcast Video Club 3, , , , Coffman Orchestra Club 1, , , Coffman Choral Club 5, , , , , Jerome. Class of , , , , Jerome - Class of , , , , , ,

46 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 13 Time: 6:39 am Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTO FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Jerome Class of , , , , , , Jerome Class of , , , , Jerome Th, Celtic Corner 33, , , , , , , , Jerome African American Student Enrichment O Jerome Act Club 1, , , Jerome Broadcast & Video Production 5, , , Jerome Principles of Business Jerome Computer Science Club Jerome Communications Club Jerome Environmental Club o Jerome Japanese Club O Jerome FHA O , O. 00 1, Jerome - French Club O O _~ Jerome German Club O. 00 O Jerome Interact Club , , Jerome - Key Club , ,

47 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page; 14 Time: 6:39 am Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTO FYTD Current Current Unencumbered Bank Begin Balance MTO Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Jerome Latin Club Jerome Multicultural Alliance Jerome National Honor Society 6, O. 00 4, , , , , Jerome Newspaper 1, , , , , , Jerome Physics Club O Jerome Ouiz Team , Jerome Medical Careers Club _ O Jerome Social Studies Club O Jerome Spanish Club O Jerome Student Senate , , , Jerome Trainer 2, , , Jerome Yearbook 15, , , , , , Jerome Chess Club Jerome Photography Club Jerome Vocal Music Jerome Future Teachers of America

48 Date: 04{03{2014 DUBLIN CITY SCHOOLS Page: 15 Time: 6:39 am Financial Report by Fund/SCC (FINSUM) Fund Ii Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Jerome Celtic Cor'lnection Jerome - Debate Team Jerome Celtic Ambassadors Jerome Celtic Mentors (C CKOM) 1, , , Jerome Literary Magazine Jerome Mo Alpha Theta Math Club Jerome Mock Trial Program , , Jerome Model United Nations Program , , , , Jerome Chinese Club Jerome Table Tennis Club Jerome Science Olympiad Club Jerome Challenge Day 10, , , , , Dublin Business Academy 27, , , , , , , , SCloto Social Studles Club Scioto Art Club Scioto French Club 2, , , , ,

49 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 16 Time: 5:39 am Financial Report by Fund/SCC (FINSUM) Fund 1/ Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Scioto German Club Scioto Spanish Club Scioto - Future Homemakers of America 2, , , Scioto School Store 51, , ,020. BB 13, , , , Scioto MUlticultural Alliance Scioto. Student Senate 4, , , Scioto. Nat' 1 Honor Society 4, , , , , Scioto Environmental Club Scioto Chemistry Club Scioto Interact Club Scioto Key Club 2, , , , , Scioto Quiz Team 7, , , , , , Scioto Physic 's Club Scioto Yearbook 5, , , , , Scioto Newspaper 7, , , , , , Dublin City Schools Ski Club 20, , , , , ,

50 DaLe: 04/03/2014 DUBLIN CITY SCHOOLS Page: 17 Time: 6:39 am Financial Report by Fund/SCC ( FINSUMj Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Scioto Rocketry Club DSHS Future Teachers DSHS. Filmmakers' Club Scioto Literary Magazine Club Scioto Communications Club Scioto. Dublin Teachers Academy 1, , , , O. DO 1, Scioto - Me Alpha Theta , , , , O. DO Scioto Junior State of America , , Scioto Challenge Doy O. DO Scioto African Library Project Scioto Future Business Leaders of America Scioto Irish C.O.R. E. 2, , , , , Scioto. Chinese Club O. DO O. DO Davis Middle Athletic 16, , , , , , , Sells. Music , , , , Sells Middle Athletic 26, , , , , , , ,

51 Date: 04/03/2014 DUBLIN CITY SCHOOLS Page: 18 Time: 6:39 am Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTO FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expendltures Fund Balance Encumbrances Fund Balance Code Grizzell Music Clubs 10, , , , , , Grizzell Middle - Athletic 6, , , , , , , , Davis Drama 2, , , , , , O. 00 1, Davis Music fund , , , , , , Karrer Instrumental Music 2, , , , , , Karrer Vocal Music Dublin Youth String Orchestra 1, , , , Karrer Athletics 11, , , , , , , , Sells Drama , , , , , , Coffman Marching Band 3, , , Coffman Drama 9, , , , , , , Young Professionals Academy (DCHS) 2, , , , Jerome Athletics 124, , , , , , , , Scioto Athletics 63, , , , , , , , Coffman Athletic 62, , , , , , , , Jerome Drama Club 15, , , , , , ,