Cash Reconciliation July 31, 2018

Transcription

1 Cash Reconciliation July 31, 2018 BANK ACCOUNTS CivistaBank - budgetary $ 971, PNC Money Market.5% $ 30, STAR Plus 2.10% $ 2,473, STAR Ohio-General 2.06% $ 3,417, STAR Ohio-Construction Acct 2.06% $ 311, Subtotal Bank Accounts $ 7,204, INVESTMENTS Certificates of Deposit $ 2,344, Commercial Paper $ - Agency Bonds $ 250, Gift Card Balance $ - Investment Subtotal $ 2,594, Total Account Balances $ 9,798, ADJUSTMENTS TO BANK BALANCE Outstanding Deposit $ Less Outstanding Checks - budgetary $ (156,674.93) Less Outstanding Checks - payroll $ (76,663.48) Less Outstanding Electronic Transfers $ (32,385.33) Plus Petty Cash on hand $ 6, TOTAL ADJUSTED BANK BALANCE ***** $ 9,539, ACCOUNT LEDGER (FINSUM REPORT) ***** $ 9,539, *Adjusted Bank Balance must equal Finsum Report $ - Difference 0.00

2 CURRENT INVESTMENTS July 31, 2018 BANK #/CUSIP # From To TYPE RATE AMOUNT Key Bank 3130A6AE7 3/31/2017 9/14/2018 Federal Home Loan Bank $ 250, Multi Bank Securities 47804GCR2 8/26/ /26/2018 John Marshall CD $ 150, Multi Bank Securities 29367S-HT-4 3/28/ /28/2018 Enterprise Bank $ 123, Multi Bank Securities K-7 3/24/2017 3/25/2019 Commonwealth Business Bk $ 150, Multi Bank Securities AT-6 3/30/2017 6/28/2019 Virginia Partners Bk $ 150, Multi Bank Securities 92937CEG9 8/12/2016 8/12/2019 WEX BK Midvale Utah CD $ 150, Multi Bank Securities AB-8 3/28/2018 9/30/2019e First National Bank of Long Isl $ 124, Key Bank 02006L6A6 10/12/ /15/2019 Ally Bank CD $ 250, Multi Bank Securities 48126X-D7-7 3/16/2017 3/16/2020 JPMorgan Chase BK Columbus $ 150, Multi Bank Securities C24 8/17/2016 8/17/2020 Capital One BK USA CD $ 150, Multi Bank Securities AF3 8/17/2016 8/17/2021 Wells Fargo BK CD $ 150, Multi Bank Securities 05580ALL6 11/22/ /29/2021 BMW Bank North America $ 124, Multi Bank Securities MK9 1/10/2018 1/10/2022 Wells Fargo Bank $ 75, Multi Bank Securities 40434Y-GK-7 3/21/2017 3/21/2022 HSBC BK USA $ 150, Multi Bank Securities 14042RKL4 11/22/ /22/2022 Capital One NA $ 125, Multi Bank Securities MM5 1/10/2018 1/10/2023 Wells Fargo Bank $ 75, Multi Bank Securities 87165G-YN-6 7/20/2018 7/20/2023 Synchrony Bank $ 200, Multi Bank Securities RV-0 7/25/2018 7/25/2023 Discover Bank $ 48, RECAP $ - Agency $ 250, Bkr Accpt $ - CertDep $ 2,344, $ 2,346, CommPaper $ - Callable Bonds

3 NORWALK CITY SCHOOL DISTRICT INTEREST ALLOCATION July-18 Month end Balance Amount to credit CAFETERIA FUND 26, FESSENDEN 2, BERRY CRAIG 26, Ken-Mar 166, Catholic FY18 & 19 22, OTHER FUNDS ,294, , TOTAL 9,539, $13, MONTH'S INTEREST** 13, CONSTRUCTION interest Total Monthly Interest $14, PNC Acct $24.35 Treas $0.00 Change in investments $0.00 Investment Interest $2, SDIT Interest $0.00 Star Plus $4, Star Ohio $6, Total Interest $13,513.15

4 Norwalk City School District FUND BALANCE REPORT July 31, 2018 Fund Balance Notes General $6,580, Bond Retirement 1,571, Permanent Improvement 394, Building Fund 311, Food Service 26, Staff funds/scholarships 106, Endowments 198, Resale School supply 2, Principal's Funds 56, Local grants 33, OHSAA Tournament 7, Student Activities 82, Athletics 146, Auxiliary Services 22, Preschool state grant 0.00 Data Communications 0.00 HSTW 0.00 IDEA-B:Special Education Awaiting ODE Funds LEP Title III 0.00 Title I -1, Awaiting ODE Funds Preschool Spec Ed 0.00 Title II-A 0.00 Title VIB and Food service grants Total $9,539,508.24

5 Norwalk City School District COMPARATIVE FINANCIAL STATEMENT July 31, 2018 General Fund only July July MONTHLY FY 19 FY 18 ANNUAL DIFFERENCE YTD YTD DIFFERENCE REVENUE: Real Estate Taxes Personal Tangible Income Tax 805, ,766 65, , ,766 65,126 State funding 1,235,745 1,217,081 18,664 1,235,745 1,217,081 18,664 State restricted funding 51,509 51, ,509 51, Property Tax Allocation All Other Operating Revenue 115, ,418-8, , ,418-8,178 Non-Operating Revenue 70,149 64,802 5,347 70,149 64,802 5,347 TOTAL REVENUE: 2,278,535 2,197,411 81,124 2,278,535 2,197,411 81,124 EXPENSES: Salaries & Wages 1,280,888 1,156, ,423 1,280,888 1,156, ,423 Fringe Benefits 533, ,397 43, , ,397 43,265 Purchased Services 329, ,435 54, , ,435 54,996 Supplies & Texts 140,168 94,069 46, ,168 94,069 46,099 Capital Outlay 0 19,230-19, ,230-19,230 Transfers Out Other Expenses 13,834 15,366-1,532 13,834 15,366-1,532 TOT EXPENDITURES 2,297,983 2,049, ,021 2,297,983 2,049, ,021 Revenues - Expenditures -19, ,449-19, ,449

6 Norwalk City School District FISCAL YEAR TO DATE COMPARED TO FORECAST July 31, 2018 General Fund only BEGINNING CASH BALANCE FY 19 FY 19 YTD PERCENT Amount to be YTD ACTUAL FORECAST OF FORECAST Received/Expended REVENUE: Real Estate Taxes 0 7,399, % 7,399,071 Personal Tangible 0 534, % 534,966 Income Tax 805,892 2,285, % 1,479,828 State funding 1,235,745 15,122, % 13,886,422 State restricted funding 51, , % 567,545 Property Tax Allocation 0 915, % 915,549 All Other Operating Revenue 115,240 1,748, % 1,632,943 Non-Operating Revenue 70, ,149 TOTAL REVENUE: 2,278,535 28,624, % 26,346,175 EXPENSES: Salaries & Wages 1,280,888 14,295, % 13,014,197 Fringe Benefits 533,662 5,954, % 5,420,923 Purchased Services 329,431 6,413, % 6,084,565 Supplies & Texts 140,168 1,156, % 1,015,942 Capital Outlay 0 590, % 590,000 Transfers Out 0 62, % 62,000 Other Expenses 13, , % 285,668 TOT EXPENDITURES 2,297,983 28,771, % 26,473,295 Revenues - Expenditures -19, ,568

7 DATE: 08/06/2018 NORWALK CITY PAGE 1 TIME: 17:18:19 SUMMARY CHECK REGISTER - ALL CHECKS (CHECKS) CHECK DATE NUMBER - VENDOR - NAME AMOUNT O-STS-C REC/VD /13/ CDW-G 4, W R 07/31/ /13/ Ohio Council for Children wi W W /13/ General Binding Corp W R 07/31/ /13/ North Central Ohio ESC 2, W R 07/31/ /13/ School House Global W R 07/31/ /13/ Heyman, Tracy W R 07/31/ /20/ AMAZON.COM W R 07/31/ /20/ Bay Area Council 9, W R 07/31/ /20/ Bell Equipment & Refrigerati 4, W R 07/31/ /20/ Cintas Corportion No. 2 2, W R 07/31/ /20/ Demco Inc W R 07/31/ /20/ Esc Of Lorain County W R 07/31/ /20/ Gallopade International 2, W R 07/31/ /20/ The HF Group 1, W R 07/31/ /20/ Hill s Interiors W R 07/31/ /20/ Jacalyn M. Houck W R 07/31/ /20/ Mainstream Investments, LLC W W /20/ Salisbury, Michelle W R 07/31/ /20/ North Central State College W R 07/31/ /20/ North Point Educational 59, W R 07/31/ /20/ O Supplies W R 07/31/ /20/ Ohio Edison Company 31, W R 07/31/ /20/ Ott Excavating & Contracting 1, W R 07/31/ /20/ Pepple & Waggoner 5, W R 07/31/ /20/ R. J. Beck Protective 12, W R 07/31/ /20/ Sherwin Williams Company 3, W R 07/31/ /20/ Smetzer Paint & Supply W R 07/31/ /20/ Kingsborough, Stefanie W R 07/31/ /20/ US Bank W R 07/31/ /26/ Teegarden, Molly B B /27/ Riley Materials Inc 32, W W /27/ BASA 1, W W /27/ Blick Art Materials 2, W W /27/ C.R.M., Inc 2, W W /27/ Cardinal Bus Sales & Service W W /27/ Columbia Gas Of Ohio Inc 1, W W /27/ Firelands Lawn & Landscape I 3, W W /27/ First Communications, LLC W W /27/ Swartz, Gary W W /27/ Huron County General Health W W /27/ Institutional Diversified In W W /27/ Bement, Jerry W W /27/ Laser Images 10, W W /27/ Millers Mobile Wrenchin, Inc W W /27/ Moto Electric Inc W W /27/ MT Business Technologies 1, W W /27/ NASSP W W /27/ Norwalk Glass Co W W /27/ O Supplies 2, W W /27/ Ohio Association Of Secondar W W /27/ Peacock Water 7.25 W W /27/ Pearson Education, Inc. 4, W W /27/ Prestwick House 3, W W /27/ R. J. Beck Protective 13, W W /27/ Remedia Publications Inc W W /27/ Renaissance Learning 27, W W

8 DATE: 08/06/2018 NORWALK CITY PAGE 2 TIME: 17:18:19 SUMMARY CHECK REGISTER - ALL CHECKS (CHECKS) CHECK DATE NUMBER - VENDOR - NAME AMOUNT O-STS-C REC/VD /27/ Norwalk Rotary Club W W /27/ School Specialty W W /27/ Sherwin Williams Company W W /27/ Smetzer Paint & Supply W W /27/ Miller, Sue Ann W W /27/ Thompson Enamel W W /27/ University of Toledo W W /27/ US Bank 4, W W /27/ Ward s Natural Science W W /27/ William V. Macgill & Company W W /27/ Zaner-Bloser 30, W W /30/ U.S. Postal Service W W /13/ Payroll 672, C R 07/31/ /20/ Gordon Food Service 4, M M /20/ Time Warner M M /31/ Payroll 653, C R 07/31/ /31/ PNC - Purchasing Card M M /31/ FOUNDATION-DEDUCTIONS 239, M M /31/ STATE TEACHERS 151, M M /31/ SCHOOL EMPLOYEES 43, M M /31/ MEDICARE 18, M M /31/ Vision Service Plan 2, M M /31/ HURON ERIE SCHOOL EMPLOYEES 334, M M /31/ OSC Life Insurance 1, M M /31/ BANK CHARGES M M VOID V 0.00 RECONCILED R 29 1,469, OUTSTANDING W,C,I,T,B , MEMO M , REFUND B WARRANT W , PAYROLL C 2 1,325, TRANSFERS T 0.00 DIST/CORR D 0.00 INVESTMENT I 0.00 *** TOTAL CHECKS WRITTEN *** 81 2,416,732.26

9 Date: 08/06/2018 NORWALK CITY Page: 1 Time: 5:17 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code GENERAL FUND 5,841, ,278, ,278, ,235, ,235, ,884, , ,913, H.B BUDGET RESERVE FUND 642, , , H.B. 412-TEXTBOOK/INSTRUCTIONAL SUPPLIES 115, , , , , BOND RETIREMENT-HIGH SCHOOL 1,571, ,571, ,571, PERMANENT IMPROVEMENT MILL LEVY FUND 453, , , , , , BUILDING-NEW HIGH SCHOOL 310, , , FOOD SERVICES (CAFETERIA) 60, , , , , , , , UNCLAIMED FUNDS 9, , , FESSENDEN SCHOLARSHIP FUND-SPECIAL TRUST 2, , , SPECIAL TRUST-ABLE SCHOLARSHIP FUND MISCELLANEOUS SCHOLARSHIPS FUND HIGH SCHOOL FACULTY FUND - SPECIAL TRUST DUANE BERRY MEMORIAL FUND MIDDLE SCHOOL/FACULTY FUND PLEASANT ELEMENTARY-FACULTY FUND 1, , , MAPLEHURST FACULTY FUND 1, , , *** NOTE!! ONLY ACTIVE ACCOUNTS HAVE BEEN SELECTED, TOTALS MAY EXCLUDE AMOUNTS THAT ARE RELATED TO INACTIVE ACCOUNTS.

10 Date: 08/06/2018 NORWALK CITY Page: 2 Time: 5:17 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code LEAGUE ELEMENTARY-FACULTY & SUNSHINE FUNDS MAIN STREET SCHOOL - FACULTY FUNDS 2, , , FTMC HEALTH GRANT 12, , , FTMC HEALTH GRANT FY NMS Laser Engraver COMMUNITY TCHR GRANTS - FY ANONYMOUS ERNS GRANT 62, , , , NORWALK WELLNESS PLAN FUND 10, , , ENDOWMENT - SCHOLARSHIPS 5, , , ENDOWMENT-ELIZABETH A. CRAIG MUSICAL SUPP FND 26, , , ENDOWMENT/KEN-MAR TEACHER SCHOLARSHIP FUND 166, , , UNIFORM SCHOOL SUPPLIES - MIDDLE SCHOOL 2, , , UNIFORM SCHOOL SUPPLIES - HIGH SCHOOL PRINCIPALS FUND - MAIN STREET 9, , , PRINCIPALS FUND - LEAGUE 7, , , , , , PRINCIPALS FUND - MAPLEHURST 8, , , , PRINCIPALS FUND - PLEASANT 8, , , *** NOTE!! ONLY ACTIVE ACCOUNTS HAVE BEEN SELECTED, TOTALS MAY EXCLUDE AMOUNTS THAT ARE RELATED TO INACTIVE ACCOUNTS.

11 Date: 08/06/2018 NORWALK CITY Page: 3 Time: 5:17 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code PRINCIPALS FUND - MIDDLE SCHOOL 20, , , PRINCIPALS FUND - SENIOR HIGH 7, , , HOMEWORK CLUB FY FTMC HEALTH LIVING/VERTICAL GARDEN GRANT FY GEOTRAC GRANT FY15 - ROBOTICS CLUB READING AND LANGUAGE INTERACTIVE NOTEBOOKS OTHER GRANT 1, , , ENVIROTHON FY2011 2, , , SCHLINK GRANT - NHS LUNCH BUNCH 2, , , SCHLINK GRANT - STOMPING GROUNDS 2, , , ART CLUB GRANT GeoTrac Grant - Choir Believe in Ohio Grant 3, , , ADULT EDUCATION 7, , , NMS BATTELLE GRANT FY *** NOTE!! ONLY ACTIVE ACCOUNTS HAVE BEEN SELECTED, TOTALS MAY EXCLUDE AMOUNTS THAT ARE RELATED TO INACTIVE ACCOUNTS.

12 Date: 08/06/2018 NORWALK CITY Page: 4 Time: 5:17 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code MMGW MINI GRANT - NMS FUND FOR HURON/ENDOWMENT MINI GRANTS 13, , , INTERNAL SERVICES 1, , , OHSAA TOURNAMENT FUND 1, GIRLS SECT SOCCER BOYS SECTIONAL SOCCER DISTRICT BOYS BASKETBALL 1, , , REGIONAL GIRLS BASKETBALL 2, , , SECTIONAL BASEBALL SECTIONAL VOLLEYBALL REGIONAL VOLLEYBALL CLASS OF 2009 FUND 1, , , CLASS OF 2010 FUND CLASS OF 2011 FUND 1, , , CLASS OF 2012 FUND 2, , , CLASS OF 2013 FUND 1, , , *** NOTE!! ONLY ACTIVE ACCOUNTS HAVE BEEN SELECTED, TOTALS MAY EXCLUDE AMOUNTS THAT ARE RELATED TO INACTIVE ACCOUNTS.

13 Date: 08/06/2018 NORWALK CITY Page: 5 Time: 5:17 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code CLASS OF 2014 FUND CLASS OF 2015 FUND 2, , , CLASS OF 2016 FUND 3, , , CLASS OF 2017 FUND 2, , , CLASS OF 2018 FUND 2, , , CLASS OF , , , CLASS OF , , , CLASS OF B STUDENT ACTIVITY/"TRUCKER IMPRINT" NEWSPAPER 1, , , E NHS YEAR BOOK 7, , , ART CLUB- HIGH SCHOOL 5, , , D STUDENT ACTIVITY FUND - CBI 1, , , A STUDENT ACTIVITY FUND - SADD B SHADOW - ENVIRONMENTAL CLUB C KEY CLUB 3, , , E ENVIROTHON *** NOTE!! ONLY ACTIVE ACCOUNTS HAVE BEEN SELECTED, TOTALS MAY EXCLUDE AMOUNTS THAT ARE RELATED TO INACTIVE ACCOUNTS.

14 Date: 08/06/2018 NORWALK CITY Page: 6 Time: 5:17 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code F STUDENT ACTIVITY FUND-STUDENT COUNCIL - H.S. 4, , , K STUDENT ACTIVITY FUND-YEARBOOK-MIDDLE SCHOOL 1, , , L STUDENT ACTIVITY FUND-STUDENT COUNCIL-M.S. 7, , , , M STUDENT ACTIVITY FUND - FOREIGN LANGUAGE-H.S P FIRELANDS ACADEMIC CHALLENGE 1, , , R ROBOTICS CLUB STUDENT ACTIVITY FUND 17, , , S STOMPING GROUNDS 3, , , C CHESS CLUB F FOOTBALL CAMP G TECHNOLOGY CAMP Q ATHLETIC FUND - HIGH SCHOOL ATHLETICS 61, , , , , , R BOYS BASKETBALL CAMP S SOCCER CAMP 2, , , T GIRLS BASKETBALL CAMP 9, , , U VOLLEYBALL CAMP 8, , , V HIGH SCHOOL CHEERLEADERS 3, , , *** NOTE!! ONLY ACTIVE ACCOUNTS HAVE BEEN SELECTED, TOTALS MAY EXCLUDE AMOUNTS THAT ARE RELATED TO INACTIVE ACCOUNTS.

15 Date: 08/06/2018 NORWALK CITY Page: 7 Time: 5:17 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code W GIRL S TENNIS CAMP T BAND HIGH SCHOOL 6, , , T HIGH SCHOOL - ORCHESTRA MUSIC FUND 2, , , T HIGH SCHOOL THEATER FUND 19, , , T HIGH SCHOOL VOCAL MUSIC FUND 7, , , , V ATHLETIC FUND - MIDDLE SCHOOL ATHLETICS 1, , , W NMS ART CLUB 1, , , X NMS-MUSIC ACTIVITIES 1, , , A CHORUS - MIDDLE SCHOOL B ORCHESTRA - MIDDLE SCHOOL C D.H. LIFE SKILLS - MIDDLE SCHOOL AUXILIARY FY18 & 19 51, , , , , , IDEA PART B FY TITLE I FY , , , , TITLE IV A - FY GRAND TOTALS: 9,669, ,298, ,298, ,428, ,428, ,539, ,207, ,331, *** NOTE!! ONLY ACTIVE ACCOUNTS HAVE BEEN SELECTED, TOTALS MAY EXCLUDE AMOUNTS THAT ARE RELATED TO INACTIVE ACCOUNTS.