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 June 30, 2011 By Stephen Osborne, CPA, Treasurer/CFO

2 TABLE OF CONTENTS DESCRIPTION Pie Chart ofestimated Revenue and Expenditures I Comparison offiscal Year 2011 YTO Estimated Revenue and Expenditures with Fiscal Year 2011 YTO Actuals 2 VARIANCE ANALYSIS' Comparison ofcash Balances Comparison of Monthly and Total Receipts Comparison of Monthly and Total Taxes Comparison ofmonthly and Total Rollback Collections Comparison ofmonthly and Total Foundation/Federal Receipts Comparison of Monthly and Total Interest Revenue Comparison ofmonthly and Total Other Revenue Comparison ofmonthly and Total All Expenditures Comparison ofmonthly and Total Wage Expenditures Comparison of Monthly and Total Fringe Benefit Expenditures Comparison ofmonthly and Total Purchased Service Expenses Comparison ofmonthly and Total Material Expenditures Comparison ofmonthly and Total Equipment Expenditures Comparison ofmonthly and Total Other Expenditures 3&4 5&6 7&8 9 & & & & & &20 21 &22 23 &24 25 &26 27 &28 29&30 ALL FUND REPORTS Receipts, Expenditures and Fund Balances All Funds 1-22 Comparison of Fiscal Year 2011 YTD Appropriations with Fiscal YTO Actual Expenditures - All Funds (excluding General Fund) Investments - All Funds 1-2

3 ESTIMATED GENERAL FUND REVENUE FY 11 State Tax Reimb 13% $162,096,222 Interest 0% State Foundation/Feder Other 1% al 9% Property Tax 77% ESTIMATED GENERAL FUND EXPENDITURES FY 11 $163,712,257 Fringe Benefits Purchased Services 5% 3% Material & Supplies 0% Capital 2%Other & Debt Service Wages 68% Page 1

4 COMPARISON OF FISCAL YEAR 2011 YEAR-TO-DATE ESTIMATED REVENUES AND EXPENDITURES WITH FISCAL YEAR 2011 YEAR-TO-DATE ACTUALS GENERAL & REQUIRED DEBT SERVICE FUNDS ONLY CATEGORY FY II EST. FY 11 ACTUAL VARIANCE PERCENTAGE BEGINNING BALANCE $40,670,020 $40,670,020 0% RECEIPTS Real Estate Tax $123,587,216 $124,286,218 $699,002 1% Tangible Tax 574, , ,709 30% Investment Income 484, ,218 80,393 17% Borrowing % Other Local Revenue 1,170,034 1,291, ,649 10% State Foundation/Federal 14,435,980 13,996,123 (439,857) -3% State Taxes Reim. (HB66) 21,840,878 21,804,689 (36,189) 0% Other Non-Operating 3,160 11,420 8, % TOTAL RECEIPTS $162,096,222 $162,703,189 $606,967 0% RECEIPTS AND BALANCE $202,766,242 $203,373,209 $606,967 0% EXPENDITURES Salaries & Wages $112,175, ,108,944 ($1,066,183) -1% Fringe Benefits $36,153,061 36,158,049 4,988 0% Purchased Services $8,049,888 8,083,861 33,973 0% Supplies $4,374,917 4,137,385 (237,532) -5% Equipment $141, , , % Debt Repayment % Other Expenses 2,700,393 2,602,002 (98,391) -4% Other Non-Operating 117,350 73,837 (43,513) -37% Total Expenditures $163,712,257 $162,547,451 ($1,164,806) -1% ENDING CASH BALANCE $39,053,985 $40,825,758 $1,771,773 5% ENCUMBRANCES $1,535,296 $1,535,296 UNRESERVED/UNDESIGNATED BALANCE $37,518,689 $39,290,462 $1,771,773 Page 2

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! D FY 10 ACTUAL fa FY 11 EST. FY 11 ACTUAL Page 3

6 DUBLIN CITY SCHOOLS COMPARISON OF CASH BALANCES June 30,2011 Actual Cash Balance Estimated Cash Balance $40,825,758 $39,053,985 Variance From Estimate Percent Variance From Estimate OVER OVER $1,771, % Previous Year Cash Balance $40,670,020 COMMENTS: The variance is due to various issues that will be explained in the remainder of this report. 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 1 lid FY 10 ACTUAL mfy 11 EST...FY 11 ACTUAL $165,000,000 COMPARISON OF TOTAL REVENUE YEAR TO DATE $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 QYTD 10 ACTUAL Page 5 myto 11 EST. YTD 11 ACTUAL

8 DUBLIN CITY SCHOOLS COMPARISON OF TOTAL RECEIPTS June 30,2011 Actual Receipts Estimated Receipts MONTH $1,173,890 $1,228,374 YEAR-TO-DATE $162,703,189 $162,096,222 Variance From Estimate UNDER ($54,484) OVER $606,967 Variance From Estimate UNDER -4.44% OVER 0.37% Actual Prior Year $1,006,725 $151,963,851 Total Estimate $162,096,222 Percent Of Total Estimate Received % Percent Of Budget Year Completed 12 Months % COMMENTS: We completed the year slightly above annual estimates. The annual variances are primarily due to higher than expected real estate and tangible 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 I 111 FY 10 ACTUAL EIFY 11 EST. FY 11 ACTUAL $130,000,000 $120,000,000 $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 COMPARISON OF LOCAL TAXES YEAR TO DATE JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN CJYTD 10 ACTUAL raytd 11 EST. BYTD 11 ACTUAL Page 7

10 DUBLIN CITY SCHOOLS COMPARISON OF LOCAL TAXES June 30,2011 Actual Tax Receipts Estimated Tax Receipts MONTH $74,162 YEAR-TO-DATE $125,034,056 $124,161,345 Variance From Estimate OVER $74,162 OVER $872,711 Variance From Estimate OVER 0.00% OVER 0.70% Actual Prior Year $879 $114,358,763 Total Estimate $124,161,345 Percent Of Total Estimate Received % Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year slightly above annual estimates. The annual variance is due to higher than expected real estate and tangible tax collections. Page 8

11 DUBLIN CITY SCHOOLS COMPARISON OF STATE TAX REIMBURSEMENT COLLECTIONS $8,000,000 $7,000,000 $6,000,000 1 $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, GlFY 10 ACTUAL t:3 FY 11 EST. II FY 11 ACTUAL I 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 mfy 10 ACTUAL ~ FY 11 EST. FY 11 ACTUAL Page 9

12 DUBLIN CITY SCHOOLS COMPARISON OF STATE TAXES REIMBURSEMENT June 30,2011 MONTH YEAR-TO-DATE Actual State Recei pts Estimated State Receipts $21,804,689 $21,840,878 Variance From Estimate UNDER ($36,189) Variance From Estimate 0.00% UNDER -0.17% Actual Prior Year $20,304,529 Total Estimate $21,840,878 Percent Of Total Estimate Received 99.83% Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year slightly below annual estimates. The annual variance is due to lower than expected rollback and homestead reimbursements. Page 10

13 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY FOUNDATION/FEDERAL RECEIPTS $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 mfy 10 ACTUAL [';JFY 11 EST. FY 11 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 D YTD 10 ACTUAL CilYTD 11 EST. IIYTD 11 ACTUAL Page 11

14 DUBLIN CITY SCHOOLS COMPARISON OF STATE FOUNDATION/FEDERAL June 30,2011 Actual State Receipts Estimated State Receipts MONTH $1,046,733 $1,187,306 YEAR- TO-DATE $13,996,123 $14,435,980 Variance From Estimate UNDER ($140,573) UNDER ($439,857) Variance From Estimate UNDER % UNDER /0 Actual Prior Year $965,926 $14,788,864 Total Estimate $14,435,980 Percent Of Total Estimate Received 96.95% Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year below annual estimates. The annual variance is due to FY10 "Pass Adjustments" that totaled approximately $140K and higher than expected "autism scholarship" deductions. Page 12

15 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY INTEREST REVENUE $500,000 $450,000 $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, fbfy 10 ACTUAL eafy 11 EST..FY 11 ACTUAL $2,500,000 COMPARISON OF INTEREST REVENUE YEAR TO DATE $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 rnytd 10 ACTUAL rdytd 11 EST. BYTD 11 ACTUAL Page 13

16 DUBLIN CITY SCHOOLS COMPARISON OF INTEREST EARNINGS June 30,2011 Actual Interest Receipts Estimated Interest Receipts MONTH $24,406 $5,100 YEAR-TO-DATE $565,218 $484,825 Variance From Estimate OVER $19,306 OVER $80,393 Variance From Estimate OVER % OVER 16.58% Actual Prior Year $39 $1,328,196 Total Estimate $484,825 Percent Of Total Estimate Received % Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year above annual estimates as we have benefited from the longer maturities of our investments despite the Federal Reserve's overnight rate of %. 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 FEB MAR APR MAY JUN ($100,000) -" \ mfy 10 ACTUAL 13FY 11 EST. II FY 11 ACTUAL $1,400,000 COMPARISON OF OTHER REVENUE YEAR TO DATE $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 rnytd 10 ACTUAL I3YTD 11 EST..YTD 11 ACTUAL Page 15

18 DUBLIN CITY SCHOOLS COMPARISON OF OTHER REVENUES June 30,2011 Actual Other Receipts Estimated Other Receipts MONTH $28,589 $35,968 YEAR-TO-DATE $1.303,103 $1, Variance From Estimate UNDER ($7,379) OVER $129,909 Variance From Estimate UNDER % OVER 11.07% Actual Prior Year $39,881 $1,183,499 Total Estimate $1,173,194 Percent Of Total Estimate Received % Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year above annual estimates. The annual variance is due to higher than expected tuition and rental revenues. Page 16

19 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY EXPENDITURES $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $2,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I [] FY 10 ACTUAL FaFY 11 EST. FY 11 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 $60,000,000 $45,000,000 $30,000,000 $15,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN []YTD 10 ACTUAL mytd 11 EST. BYTD 11 ACTUAL Page 17

20 DUBLIN CITY SCHOOLS COMPARISON OF TOTAL EXPENDITURES June 30,2011 Actual Expenditures Estimated Expenditures MONTH $13,629,924 $13,866,970 YEAR-TO-DATE $162,547,451 $163,712,257 Variance From Estimate UNDER ($237,046) UNDER ($1,164,806) Variance From Estimate UNDER -1.71% UNDER -0.71% Actual Prior Year $13,382,661 $155,364,592 Total Estimate $163,712,257 Percent Of Total Estimate Spent 99.29% Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year slightly below annual estimates. The variance is due to various issues that will be explained in the remainder of this report. 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 i 0FY 10 ACTUAL DEC JAN ejfy 11 EST. FEB MAR APR FY 11 ACTUAL MAY JUN $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 oytd 10 ACTUAL &1YTD 11 EST..YTD 11 ACTUAL Page 19

22 DUBLIN CITY SCHOOLS COMPARISON OF WAGE EXPENDITURES June 30,2011 Actual Wage Expenditures Estimated Wage Expenditures MONTH $9,649,313 $9,939,861 YEAR-TO-DATE $111,108,944 $112,175,127 Variance From Estimate UNDER ($290,548) UNDER ($1,066,183) Variance From Estimate UNDER -2.92% UNDER -0.95% Actual Prior Year $9,524,753 $107,369,797 Total Estimate $112,175,127 Percent Of Total Estimate Spent 99.05% Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year slightly below annual estimates. The annual variance is primarily due to the effect of replacing retirees with staff lower on the salary schedule. Page 20

23 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY FRINGE BENEFIT COSTS $3,900,000 $3,600,000 $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 I lei FY 10 ACTUAL gj FY 11 EST. FY 11 ACTUAL $39,000,000 COMPARISON OF FRINGE BENEFITS YEAR TO DATE $36,000,000 $33,000,000 $30,000,000 $27,000,000 $24,000,000 $21,000,000 $18,000,000 $15,000,000 $12,000,000 $9,000,000 $6,000,000 $3,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN mytd 10 ACTUAL f2ytd 11 EST. IIYTD 11 ACTUAL Page 21

24 DUBLIN CITY SCHOOLS COMPARISON OF FRINGE BENEFIT EXPENDITURES June 30,2011 Actual Fringe Benefit Expenditures Estimated Fringe Benefit Expenditures MONTH $3,098,514 $3,061,420 YEAR-TO-DATE $36,158,049 $36,153,061 Variance From Estimate OVER $37,094 OVER $4,988 Variance From Estimate OVER 1.21% OVER 0.01% Actual Prior Year $2,969,190 $32,902,746 Total Estimate $36,153,061 Percent Of Total Estimate Spent % Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year on target with annual estimates. Page 22

25 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY PURCHASED SERVICE COSTS $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $9,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I mfy10actual ~FY11EST. BFY11 ACTUAL COMPARISON OF PURCHASED SERVICES YEAR TO DATE $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 IJYTD 10 ACTUAL ~YTD 11 EST..YTD 11 ACTUAL Page 23

26 DUBLIN CITY SCHOOLS COMPARISON OF SERVICE EXPENDITURES June 30,2011 Actual Service Expenditures Estimated Service Expenditures MONTH $484,559 $541,020 YEAR-TO-DATE $8,083,861 $8,049,888 Variance From Estimate UNDER ($56,461) OVER $33,973 Variance From Estimate UNDER % OVER 0.42% Actual Prior Year $603,020 $7,754,465 Total Estimate $8,049,888 Percent Of Total Estimate Spent % Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year slightly above annual estimates. Tuition paid to other districts and general repairs and maintenance expenses were higher than expected, which accounted for much of the annual vaiance. Page 24

27 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY MATERIAL EXPENSES $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $5,000,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN I [] FY 10 ACTUAL mfy 11 EST. FY 11 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 GlYTO 10 ACTUAL fa YTD 11 EST. YTD 11 ACTUAL Page 25

28 DUBLIN CITY SCHOOLS COMPARISON OF MATERIAL EXPENDITURES June 30, 2011 Actual Material Expenditures Estimated Material Expenditures MONTH $344,024 $219,116 YEAR-TO-DATE $4,137,385 $4,374,917 Variance From Estimate OVER $124,908 UNDER ($237,532) Variance From Estimate OVER 57.01% UNDER -5.43% Actual Prior Year $219,116 $4,397,508 Total Estimate $4,374,917 Percent Of Total Estimate Spent 94.57% Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year below annual estimates. Educational supplies and textbook purchases were less than expected, which accounted for most of the annual variance. 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 ~*~~ Ii-- -- :-:~;-l"'t JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN i 0FY 10 ACTUAL. ElFY 11 EST. BFY 11 ACTUAL $400,000 COMPARISON OF EQUIPMENT EXPENSES YEAR TO DATE $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 mytd 10 ACTUAL E?J YTO 11 EST. YTD 11 ACTUAL Page 27

30 DUBLIN CITY SCHOOLS COMPARISON OF EQUIPMENT EXPENDITURES June 30,2011 Actual Equipment Expenditures Estimated Equipment Expenditures MONTH $15,363 $19,262 YEAR-TO-DATE $383,373 $141,521 Variance From Estimate UNDER ($3,899) OVER $241,852 Variance From Estimate UNDER % OVER % Actual Prior Year $21,262 $284,404 Total Estimate $141,521 Percent Of Total Estimate Spent % Percent Of Budget Year Completed 12 months % COMMENTS: The overage is due to the purchase of 7060 Coffman Road. Page 28

31 DUBLIN CITY SCHOOLS COMPARISON OF MONTHLY OTHER EXPENSES $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 t mfy 10 ACTUAL 61FY 11 EST...FY 11 ACTUAL $3,200,000 COMPARISON OF OTHER EXPENSES YEAR TO DATE $2,800,000 $2,400,000 $2,000,000 $1,600,000 $1,200,000 $800,000 $400,000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN myto 10 ACTUAL mytd 11 EST. IIYTO 11 ACTUAL Page 29

32 DUBLIN CITY SCHOOLS COMPARISON OF OTHER EXPENDITURES June 30,2011 Actual Other Expenditures Estimated Other Expenditures MONTH $38,151 $86,291 YEAR-TO-DATE $2,675,839 $2,817,743 Variance From Estimate UNDER ($48,140) UNDER ($141,904) Variance From Estimate UNDER % UNDER -5.04% Actual Prior Year $45,320 $2,655,672 Total Estimate $2,817,743 Percent Of Total Estimate Spent 94.96% Percent Of Budget Year Completed 12 months % COMMENTS: We completed the year below annual estimates. The annual variance is primarily due to less than expected auditor and treasurer fees for collection of taxes and advances to cover temporary fund deficits. Page 30

33 Date: 06/24{2011 DUBLIN CITY SCHOOLS Page: Time: 12:26 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD lito FYTD Current Current Unencumbered Bank Begin Balance t-hd Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code GENERAL FUND 39,873, ,062, ,378, ,317, ,719, ,531, ,237, ,294, Graded Course of Study 782, ,084, , ,674, ,192, , , BOND RETIREr1ENT 13,117, , ,385, , ,851, ,651, ,651, H8 264 Energy Conservation Project ,700, , ,886, ,813, ,812, Building Fund - November , , , November 2004 Bond Issue 1,430, , , , , , November 2008 Bond Issue 13,535, ,515, , ,223, ,826, ,791, ,035, Retainage EscrOl~ 63, , , , Food Service 281, , ,778, , ,695, , , , SPECIAL TRUST FUND-MCGEE 4, , , , SPECIAL TRUST SCHOLARSHIP 5, , , , , SPECIAL TRUST -r1cgarvey Stadtlander Family Local Scholarship , , , Davis Middle Judy Overberg Trust Bill Headlee Memorial Scholarship 6, , , , , District Community Education Fund 9, , , , , , , ,

34 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 2 Time: 12:26 pm Financial Report by Fund/SCC (FINSUfolj Fund # Fund Description FYTD arc FYTO Current Current: Unencumbered Bank Begin Balance tito Receipts Receipts Expenditures Expenditures Fund Balance Enc umbrances Fund Balance Code Coffman Principal's Fund 24, , , , , , Sells Middle Principal's Fund 3, , , , , Davis Middle Principal's Fund 4, , , , , , , Indian Run Principal's Fund 3, , , , , Olde Sawmill Principal's Fund , , , , , Deer Run - Principal's Fund 2, , , , , Wyandot - Principal's Fund 5, , , , , , Riverside Principal's Fund 4, , , , , , , Scottish Corners - Principal's Fund 8, , , , , , , , Thomas - Principal's Fund 4, , , , , Chapman Principal's Fund 9, , , , , \~right Principal's Fund 12, , , , , , Scioto Principal's Fund 16, , , , , Grizzell Middle - Principal's Fund 9, , , , , , , Central Office Support 8, , , , , Support - literacy Conference 9, , , , ,

35 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 3 Time: 12:26 pm Financial Report by Fund/SCC (FINSUI1) Fund # Fund Description FYTD md FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Coffman - Teachers' Fund 14, , , , , , Support Preschool 161, , , , Scioto Library Support Coffman Library Support , , Jerome - Liorary Support 3, , , BAILEY PRINCIPAL'S FUND 1, , , , , , Teen Institute 3, , , , , Jerome - Teacher's Fund 3, , , , , Pinney - Principal's Fund 7, , , , , , Glacier Ridge. principal's Fund 14, , , , , , ,00 7, Staff Support - Ashland 18, , , , , Synthetic Field Support Fund 427, , , , , , , , Jerome Theatre Support Fund , , , , Scioto Theat re Support Fund , , , , OJHS - Principal's Fund 33, , , , , , Special Education Conference

36 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 4 Time: 12:26 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD nro FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code SUPPORT TRANSPORTATION DEPT. 13, , , , , Karrer - Principal's Fund 8, , , , , , , District Support Fund 7, , , , , NEA foundation - Riverside Tech Frontiers Special Educ - Power Plus Program 4, , , , , Career Development - Tolles 20, , , , , , Integrated Educational Systems - COSERRC 1, , , West Bridge Academy 6, , , , , Engineering Academy , , , Summer School 142, , , , , , , , Coffman Guidance Testing & Copier 24, , , , , Scioto Guidance Testing & Copier 23, , , , , , Jerome Guidance Testing & Copier 22, o.oo so, , , , a4 District - PSAT 10, c.oo 16,240.0a o.ao 23,a , , DISTRICT AGENCY -STRS 754, ,116, ,7a9, , ,852, , ,

37 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 5 Time: 12 :26 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD PlTD FYTD Current Current. Unencumbered Bank Begin Balance tho Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code DISTRICT AGENCY -SERS 195, , ,363, , ,536, , , DISTRICT AGENCY -MARRIOTT 15, , , , , , , ~Hn/Win Agreement 520, ,300, ,071, , , Agency - Health/Dental Insurance 751, ,867, ,267, ,837, ,985, , , Agency - Life Insurance 32, , , , , , El1PLOYEE 8ENEFITS -VISION 221, , , , , , , Davis - Art Club Davis Middle - 6th Grade Outdoor Education 2, , , , , Davis - Math Counts Davis Middle Spanish Club Davis Middle Team , , , Davis r4iddle Team , Davis r1iddle Team 6-3 2, , , , , Davis Middle - Team , , Davis Middle Team , , , , Davis Middle Team 7-3 2, , , , ,

38 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 6 Time: 12:26 pm Financial Report by Fund/SeC (FINSUM) Fund 1/ Fund Oescription FYTD MTD FYTO Current Current Unencumbered Bank Begin Balance nro Receipts Receipts Expenditures Expenditures Fund Balance Efie umbrances Fund Balance Code Davis r~iddle Team , , , Davis r~iddle Team , , Davis rhddle Team , Davis Middle Student Council , Davis Middle Youth to Youth Davis r~iddle - Yearbook 4, , , , , , Davis Washington DC , , Sells f~iddle - Art Club Sells Middle Team Sells f-liddle Nature's Class , , Sells tuddle Team , , Sells f-liddle Team Sells thddle Team , (138 Sells Middle Team Sells Middle Team Sells Middle Team

39 Date: 06/24/2011 DUBLIN eity SCHOOLS Page: 7 Time: 12:26 pm Financial Report by Fund/SeC (FINSUM) Fund # Fund Description FYTD rho FYTD Current Current Unencumbered 8ank Begin Balance nrn Receipts Receipts Expenditures Expenditures Fund Balance Enc umbrances Fund 8alance Code SELLS MIDDLE-TEAN Sells fuddle Team Sells Niddle Team , , Sells 8th Grade Annual Trip , G.OO 12, Sells Niddle Student Council Sells rhddle Youth to Youth O.GO G 9048 Sells Middle Yearbook 3, , , Grizzell fuddle - School Store O.OG Grizzell Middle - Outdoor Club G.OO Grizzell Middle 6th Grade Outdoor Edvc , , , , Grizzell rhddle - Team , , Grizzell r1iddle - Team B , , Grizzell Middle - Team , , , , Grizzell mddle - Team B , , , , Grizzell Middle - Team 8-1 5, , , Grizzell Middle - Team 8-2 5, , ,

40 Date: 06{24{2011 DUBLIN CITY SCHOOLS page: 8 Time: 12:26 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTO Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Grizzell f-llddle - Student Council Grizzell f~iddle - Yearbook 12, , , , Grizzell f-llddle - Art Club Davis Middle - Advising & Caring Together Grizzell Video{Technology Club Grizzell Student Social Club 1, , , Grizzell Middle - Team Sells - POl~er of the Pen , Sells Special Education SEllS - TEAH Scioto Class of , , Scioto - Class of , , , , , , Scioto Class of , , , , , , Scioto - Class of , , ,00 1, , , Scioto - Class of , Coffman Quiz Team , , , ,

41 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 9 Time: 12:26 pm Financial Report by Fund/SCC (FINSUM) Fund /I Fund Description FYTO md FYTD Current Current Unencumbered Bank Begin Balance f~td Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund 8alance Code Coffman - Rock Solid Coffman Robotics Club 8, , , , , Coffman Renaissance Club 1, , , Coffman - Social Studies Club Coffman - Interact Club , , DCHS - Principles of Business Coffman - Class of , , , Coffman Class of , , , , , , , , Coffman Class of , , , , , Coffman - Class of , , , , Coffman - Class of Coffman - Art Club Coffman - One Voice: Black Student Alliance Coffman Bowling Club , , Coffman - Latin Club Coffman French Club

42 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 10 Time: 12:26 pm Financial Report by Fund/SCC IFINSUM) Fund II Fund Description FYTO r-no FYTD Current Current Unencumbered Bank Begin 8alance HTO Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Coffman German Club Coffman Chinese Club Coffman Spanish Club Coffman - Future Homemakers of America 1, , , Coffman Industrial Tech Club 1, , , Coffman - OHE Coffman School Store "Rock Shop" 14, , , , , , Coffman Multicult ura1 Alliance Coffman. Future Teachers of America Karrer Foriegn Language Karrer - POl~e r of the Pen Karrer - School Store Karrer Student Council 2, , , , , Karrer - Team Karrer Team Karrer - Team , ,

43 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 11 Time: 12 :26 pm Financial Report by Fund/SCC ( FINSUM) Fund /I Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance Ino Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Karrer - Team lb, , Karrer - Team Karrer - Team , , Karrer - Team Karrer - Team Karrer - Team Karrer - Yearbook 6, , , , , , Karrer - Art Club Karrer Nature's Classroom 1, , , Karrer - Youth Teen Institute 1, Karre I' - Drama Club 1, , , Karrer - library Council Karre 1'- School Musical 4, , , , , Coffman - Trainer Coffman - Student Council , , Coffman - Nat'l Honor Society 5, , , ,

44 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 12 Time: 12:26 pm Financial Report by FundISCC (FINSUM) Fund # Fund Description FYTD MTD FYTO Current Current Unencumbered Bank Begin Balance md Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Coffman Environmental Club , , Coffman Communications Club 1, , , Coffman Fencing Club Coffman Key Club 3, , , , , Coffman Physics Club , , Dublin Coffman life Skills 1, , , , , DCHS - Habitat for Humanity Coffman Yearbook 117, , , , , , Coffman NeNspaper 5, , , , , Coffman - Broadcast Video Club 5, , , , , Coffman Orchestra ClUb a.oo 1, , Coffman Choral Club 6, o. on 3, , , , n 9709 Jerome - Class of , , Jerome - Class of , , Jerome - Class of , , , , , Jerome - Class of , O. on 19, , , , ,

45 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 13 Time: 12:26 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD I-lTD FYTD Current Current Unencumbered Bank Begin Balance rho Receipts Receipts Expenditures Expenditures Fund Balance Ene umbra nees Fund Balance Code Jerome - Class of , , , , Jerome - Class of Jerome - The Celtic Corner 35, , , , , , , Jerome - African American Student Enrichment ; Jerome - Art Club , , Jerome - Broadcast &. Video Production 4, , , Jerome Principles of Business Jerome Computer Science Club Jerome Commu nications Club 1, , , Jerome Dough t~akers Jerome Environmental Club Jerome Japanese Club Jerome FHA Jerome French Club Jerome - German Club Jerome Industrial Tech

46 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 14 Time: 12:26 pm Financial Report by Fund/SCC (FINSUM) Fund # Fund Description FYTD MTD FYTO Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Jerome I nteract Club 1, , , , , Jerome - Key Club , , Jerome - Latin Club Jerome - t4ulticultural Alliance G.OO Jerome - National Honor Society 3, , , , , Jerome - Ne"lSpaper 3, , , , , Jerome - Physics Club Jerome - Quiz Team , , , Jerome - Medical Careers Club Jerome - Social Studies Club Jerome - Spanish Club , , Jerome - Student Senate 1, , , Jerome - Trainer 2, , , , Jerome - Yearbook 8, , , , , Jerome Chess Club Jerome Photography Club

47 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 15 Time: 12:26 pm Financial Report by Fund/SCC ( FINSUM) Fund # Fund Description FYTD rnd FYTD Current Current Unencumbered Bank Begin Balance IHO Receipts Receipts Expenditures Expenditures fund Balance Encumbrances Fund Balance Code Jerome Vocal Music Jerome Future Teachers of America , Jerome - Celtic Connection Jerome. Debate Team , , , Jerome - Celtic Ambassadors Jerome - Celtic Hentors (C-CKOI-\) , , Jerome - literary Magazine Jerome - 1 1v Alpha Theta Math Club Jerome - Student Internat'l A,1areness Committ Jerome - r10ck Trial Program Jerome - r10del United Nations Program , , Jerome - Chinese Club Jerome - Table Tennis Club Jerome - Science Olympiad Club Jerome - Challenge Day 7, , , , , , , Scioto - Social Studies Club

48 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 16 Time: 12:26 pm Financial Report by Fund/SCC (FINSUM) Fund 1# Fund Description FYTO thd FYTO Current Current Unencumbered Bank Begin Balance r~to Receipts Receipts Expenditures Expenditures Fund Balance Ene umbrances Fund Balance Code Scioto Art Club Scioto - French Club 2, , , , Scioto - German Club Scioto. Spanish Cluj} Scioto Future Homemakers of America 1, , , , , Scioto Industrial Tech Scioto - School Store 40, , , , , Scioto - ~Iulticultural Alliance Scioto - Student Senate 2, , , , , Scioto - Nat'l Honor Society 2, , , Scioto Environmental Club Scioto Chemist ry Club Scioto Interact Club Scioto - Key Club 1, , , , , Scioto - Quiz Team 2, , , , , , Scioto Physic's Club , ,

49 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 17 Time: 12:26 pm Financial Report by Fund/SGC (FINSUM) Fund # Fund Description FYTO t-ito FYTD Current Current Unencumbered Bank Begin Balance r1to Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Scioto Yearbook 2, , , , , Scioto Newspaper 7, , , , , , Dublin City Schools Ski Club 74, , , , , Scioto Rocketry Club DSHS - Future Teachers DSHS - Filmmake rs Club 4, , Scioto - U terary Magazine Club 1, , , Scioto Amnesty International Scioto - American Computer Science League Scioto - Communications Glub Scioto - Dublin Teachers Academy 1, , , , Scioto - Mu Alpha Theta , , Scioto - Junior State of America Scioto Life Skills (LOO Scioto Irish C.O.R.E , , Scioto - Job Skills

50 Date: 06/24/2011 DUBLIN CITY SCHOOLS Page: 18 Time: 12:26 pm Financial Report by Fund/SCC IFINSUI1) Fund II Fund Description FYTD MTD FYTD Current Current Unencumbered Bank Begin Balance MTD Receipts Receipts Expenditures Expenditures Fund Balance Encumbrances Fund Balance Code Scioto - Chinese Club Davis l-liddle Athletic 31, , , , Sells Husic , , , Sells Middle Athletic 10, , , , , , Grizzell Music Clubs 1, , , Grizzell Middle - Athletic 6, , , , , , , Coffman - Outdoor Pursuit 6, , , , , Davis. Drama 1, , , , Davis - Music fund 7, , , , , , , Karrer Instrumental Music 1, , , , , Karrer - Vocal Music Dublin Youth String Orchestra , , Karrer - Athletics 9, , , , , , , Sells - Drama 7, , , , , Coffman - Marching Band 10, , , , , Coffman - Drama 16, , , , , , ,