Arkansas Department of Education Arkansas Public School Computer Network MAINTENANCE & OPERATION Expenditures & 9% M&O Required Expenditure Fund 2000 and 2100-2299, Cycle 7 2015-16 3-Qtr. ADM Includes Magnet ADM Function 2600-2699 (Excluding Insurance Object Range 65200-65299) Fiscal Year 2016/2017 through 11/12/2016 Warehouse Updated 11/12/2016 ADM 2015-16 61000 62000 63000 64000 65000 66000 67000 68000 3-Qtr. Per Pupil M&O Personal Services - Personal Services - Employee Purchased Professional and Technical Purchased Property Other Purchased Supplies and Exp. Requirement 6267 9% M&O 9% M&O Required LEA DISTRICT Salaries Benefits Services Services Services Materials Property Other Objects Totals ADM Required Expenditure Over or (Under) 4304000 CABOT SCHOOL DISTRICT 906,677.18 237,298.82 556,258.44 210,919.48 17,550.81 1,011,020.08 20,171.27 335.00 2,960,231.08 10063.04 598.14 6,019,106.75 (3058875.67)

Maintenance & Operation Exp/Budget [Fund]='2000' or[fund] between '2100' and '2199' [Function Detail] between '2600' and '2699' [Ledger Fact].[Object Dimension].[Object Detail] between '61000' and '65199'or[Ledger Fact].[Object Dimension].[Object Detail] between '65300' and '68999' District LEA District Description FY1 Budgeted Amount FY1 Actual Amount FY2 Budgeted Amount 4304000 CABOT SCHOOL DISTRICT 8,189,817.00 7,681,543.30 7,593,747.00

Arkansas Department of Education Arkansas Public School Computer Network MAINTENANCE & OPERATION Expenditures & 9% M&O Required Expenditure Fund 2000 and 2100-2199, Function Range 2600-2699 (Excluding Ins. Object Range 65200-65299) Fiscal Year 2015/2016 through 9/19/2016 Warehouse Updated 9/19/2016 Cycle 7 2014-15 3-Qtr. ADM Includes Magnet ADM Excludes M to M ADM 2014-15 61000 62000 63000 64000 65000 66000 67000 68000 3-Qtr. Personal Services - Professional Purchased Other 6584 X.09 9% M&O Services - Employee and Technical Property Purchased Supplies and Per Pupil M&O Required Over or FY LEA District Salaries. Benefits. Services. Services. Services. Materials. Property. Other Objects. Totals ADM Exp. Requirement Expenditure (Under) 16 4304000 CABOT SCHOOL DISTRICT 2,926,483.71 781,829.48 765,619.87 504,782.51 64,872.33 2,549,305.27 80,160.00 8,490.13 7,681,543.30 10,090.92 592.56 5,979,475.56 1,702,067.74

Gifted Talented Expenditures (Summary TOTAL) Functions 1910 & 2291 (Program Code 270) Column # 1 Column # 2 Column # 3 Column # 4 ADM 2015-16 Qtrs. 1-3 Avg. Cycle 7 Column # 2 X # 3 Magnet ADM included, M to M ADM Excluded for LEAs 6001, 6002, 6003 2015-2016 15% of $6646 = AR Code Ann. 6-20-2208 (c)(6) 3-Qtr 996.90 FY LEA DISTRICT GT YTD EXP ADM 3 QTR ADM 5% of 2015-2016 (unrounded) Foundation GT Expenditure RED=UNDER REQ. Funding Per ADM Requirement Variance 17 4304000 CABOT SCHOOL DISTRICT 312,591.63 10,063.04 503.15 996.90 501,592.23 (189000.60)

Gifted Talented Expenditures Program Code 270 5.02.11 District LEA District Description Fund Class Function Code Object Class FY1 Budgeted Amount FY1 Actual Amount FY2 Budgeted Amount 4304000 CABOT SCHOOL DISTRICT 1 1910 61000 876,422.00 890,187.56 846,612.00 1910 876,422.00 890,187.56 846,612.00 1 876,422.00 890,187.56 846,612.00 CABOT SCHOOL DISTRICT 2 1910 61000 31,212.00 24,718.67 32,171.00 CABOT SCHOOL DISTRICT 62000 214,070.00 212,035.91 207,693.00 CABOT SCHOOL DISTRICT 63000 0.00 6,374.00 765.00 CABOT SCHOOL DISTRICT 65000 0.00 4,999.00 363.00 CABOT SCHOOL DISTRICT 66000 79,150.00 47,841.31 77,690.00 CABOT SCHOOL DISTRICT 67000 0.00 12,360.16 1,132.00 1910 324,432.00 308,329.05 319,814.00 CABOT SCHOOL DISTRICT 2291 63000 0.00 900.25 0.00 CABOT SCHOOL DISTRICT 65000 0.00 589.13 0.00 CABOT SCHOOL DISTRICT 66000 9,200.00 4,562.97 9,200.00 CABOT SCHOOL DISTRICT 67000 0.00 1,367.66 0.00 CABOT SCHOOL DISTRICT 68000 0.00 203.00 0.00 2291 9,200.00 7,623.01 9,200.00 2 333,632.00 315,952.06 329,014.00 CABOT SCHOOL DISTRICT 7 1910 63000 0.00 735.00 0.00 CABOT SCHOOL DISTRICT 65000 0.00 5,947.00 0.00 CABOT SCHOOL DISTRICT 66000 0.00 4,628.11 0.00 1910 0.00 11,310.11 0.00 7 0.00 11,310.11 0.00 4304000 1,210,054.00 1,217,449.73 1,175,626.00

Arkansas Department of Education Arkansas Public School Computer Network GT Required Expenditure Calculation Fund between '1000' and '2999' Functions 1910 & 2291 (Program Code 270) WAREHOUSE LAST UPDATED September 19, 2016 DATA CURRENT AS OF Setember 19, 2016 Little Rock Data as of August 31, 2016 Column # 1 Column # 2 Column # 3 Column # 4 ADM 2014-15 Qtrs. 1-3 Avg. as of 07/2016 Cycle 7 Column # 2 X # 3 Magnet ADM included, M to M ADM Excluded for LEAs 6001, 6002, 6003 2014-2015 15% of $6584 = AR Code Ann. 6-20-2208 (c)(6) 3-Qtr 987.60 5% of 2014-2015 (unrounded) Foundation GT Expenditure RED=UNDER REQ. FY LEA DISTRICT GT YTD EXP ADM 3 QTR ADM Funding Per ADM Requirement Variance 16 4304000 CABOT SCHOOL DISTRICT 1,206,139.62 10,090.92 504.55 987.60 498,289.63 707,849.99

State Revenue Object Range 30000-39999 District LEA District Description Fund Object Detail FY1 Budgeted Amount FY1 Actual Amount FY2 Budgeted Amount 4303000 3,476,937.00 3,479,892.35 3,377,348.80 4304000 CABOT SCHOOL DISTRICT 2001 31101 50,353,454.00 50,329,637.00 50,407,638.00 CABOT SCHOOL DISTRICT 31103 0.00 282,903.00 0.00 CABOT SCHOOL DISTRICT 32290 0.00 1,690.00 0.00 CABOT SCHOOL DISTRICT 32915 434,186.00 434,186.00 420,384.00 2001 50,787,640.00 51,048,416.00 50,828,022.00 CABOT SCHOOL DISTRICT 2002 32260 0.00 0.00 2,043.00 2002 0.00 0.00 2,043.00 CABOT SCHOOL DISTRICT 2004 32290 0.00 11,000.00 0.00 2004 0.00 11,000.00 0.00 CABOT SCHOOL DISTRICT 2218 31460 283,375.00 283,375.00 92,645.00 2218 283,375.00 283,375.00 92,645.00 CABOT SCHOOL DISTRICT 2223 32256 262,868.00 262,868.00 262,868.00 2223 262,868.00 262,868.00 262,868.00 CABOT SCHOOL DISTRICT 2232 32232 0.00 176,754.91 0.00 2232 0.00 176,754.91 0.00 CABOT SCHOOL DISTRICT 2240 32310 0.00 38,678.96 0.00 2240 0.00 38,678.96 0.00 CABOT SCHOOL DISTRICT 2244 32314 29,452.00 69,708.00 40,256.00 2244 29,452.00 69,708.00 40,256.00 CABOT SCHOOL DISTRICT 2246 32250 21,103.36 22,903.36 20,400.00 2246 21,103.36 22,903.36 20,400.00 CABOT SCHOOL DISTRICT 2255 32340 0.00 3,239.60 0.00 2255 0.00 3,239.60 0.00 CABOT SCHOOL DISTRICT 2265 32355 0.00 193,834.39 0.00 2265 0.00 193,834.39 0.00 CABOT SCHOOL DISTRICT 2271 32361 18,350.00 20,325.14 19,150.00 2271 18,350.00 20,325.14 19,150.00 CABOT SCHOOL DISTRICT 2275 32370 948,651.00 948,651.00 948,651.00 2275 948,651.00 948,651.00 948,651.00 CABOT SCHOOL DISTRICT 2276 32371 41,844.00 49,896.00 49,896.00 2276 41,844.00 49,896.00 49,896.00 CABOT SCHOOL DISTRICT 2281 32381 2,003,436.00 2,003,436.00 2,003,436.00 2281 2,003,436.00 2,003,436.00 2,003,436.00 CABOT SCHOOL DISTRICT 2293 32415 1,625.00 1,625.00 0.00 2293 1,625.00 1,625.00 0.00 CABOT SCHOOL DISTRICT 2365 32710 615,276.00 743,950.80 874,800.00 2365 615,276.00 743,950.80 874,800.00 CABOT SCHOOL DISTRICT 2385 32790 0.00 10,000.00 0.00 2385 0.00 10,000.00 0.00 CABOT SCHOOL DISTRICT 2941 32941 20,000.00 20,000.00 0.00 2941 20,000.00 20,000.00 0.00 CABOT SCHOOL DISTRICT 3404 32924 0.00 0.00 961,111.00 3404 0.00 0.00 961,111.00 CABOT SCHOOL DISTRICT 8000 32520 30,000.00 31,161.81 30,000.00 8000 30,000.00 31,161.81 30,000.00 4304000 55,063,620.36 55,939,823.97 56,133,278.00

Arkansas Department of Education School District Payment Notification 2016-17 State Revenue Classification: English Language Learners Funding Payment 1 of 1 Date: January 2017 LEA Number School District Payment Amount 4304000 CABOT SCHOOL DISTRICT 55,608.00

ARKANSAS DEPARTMENT OF EDUCATION ANNUAL FINANCIAL REPORT FOR 2015-2016 AND BUDGET FOR 2016-2017 Arkansas Code Annotated 6-20-2202 states: LEA# a)(1) The board of directors of each school district, open-enrollment public charter school, and education service cooperative annually shall prepare a budget of expenditures and receipts that shall be filed with the Department of Education by September 30 of each year under this subchapter. (2) Each budget shall be approved by the board of directors of each school district, open-enrollment public charter school, and education service cooperative at a legally held meeting and shall be signed by the president of the board of directors and the ex officio financial secretary of each school district, openenrollment public charter school, and education service cooperative. The budget shall contain the information and be prepared in an electronic format prescribed by the Department of Education governing financial accounting for Arkansas school districts, open-enrollment public charter schools, and education service cooperatives. (b)(1)(a) Warrants or checks of a school district, open-enrollment public charter school, or education service cooperative issued after the date required by subsection (a) of this section shall be invalid unless a budget has been filed as required by this subchapter and in compliance with appropriate rules. (B) The ex officio financial secretary of a school district, open-enrollment public charter school, or education service cooperative and his or her surety shall be liable for any warrants or checks countersigned after the date required by subsection (a) of this section if a budget has not been filed. (2) After the Department of Education has met all deadlines for providing information to school districts, open-enrollment public charter schools, or education service cooperatives, distribution of all grants and aids from the state for which the school district, open-enrollment public charter school, or education service cooperative may be eligible shall be suspended until the requirements of this subchapter are met by the school districts, open-enrollment public charter schools, or education service cooperatives. The School District, Openenrollment Public Charter School, or Education Service Cooperative, in compliance with these requirements, approves the 2015-2016 Annual Financial Report due by August 31 in Cycle 9 and the 2016-2017 Budget due by September 30 in Cycle 1 on (date), 2016. President of the Board Signature Ex Officio Financial Secretary Signature (Supt) Person Submitting the AFRB Phone: Title E-Mail: (Please print/type) Mail to: Alisa Moore, Finance Program Coordinator Arkansas Department of Education Financial Accountability & Reporting Tel: (501) 682-5059 Four Capitol Mall, Room 201- A Fax: (501) 683-3787 Little Rock, AR 72201 E-Mail: alisa.moore@arkansas.gov

Property Tax Revenue Account Range 11110-11599 and 31103 2016 Actual 2017 Budget District LEA District Description Object Detail FY1 Budgeted Amount FY1 Actual Amount FY2 Budgeted Amount 4303000 4304000 4304000 2,424,000 2,661,582.14 2,590,000 CABOT SCHOOL DISTRICT 11110 10,500,000.00 8,795,358.61 9,500,000.00 CABOT SCHOOL DISTRICT 11115 0.00 1,366,248.33 0.00 CABOT SCHOOL DISTRICT 11120 12,500,000.00 10,913,344.99 14,000,000.00 CABOT SCHOOL DISTRICT 11125 0.00 1,748,001.05 0.00 CABOT SCHOOL DISTRICT 11140 1,400,000.00 1,453,790.29 1,500,000.00 CABOT SCHOOL DISTRICT 11150 720,000.00 752,844.99 750,000.00 CABOT SCHOOL DISTRICT 11160 300,000.00 184,407.87 200,000.00 CABOT SCHOOL DISTRICT 31103 0.00 282,903.00 0.00 25,420,000 25,496,899.13 25,950,000

Cabot 2016-17 Local Tax Projections URT D M & O Above URT M & O Mills M & O Mills & D S Mills Total Mills M & O 25.00 25.00 DM & O 0.00 Debt Service 14.50 14.50 TOTAL MILLS 25.00 0.00 14.50 39.50 REAL PROPERTY 522,468,323.00 522,468,323.00 522,468,323.00 PERSONAL PROPERTY 114,296,730.00 114,296,730.00 114,296,730.00 UTILITIES & CARRIERS 31,308,565.00 31,308,565.00 31,308,565.00 TOTAL ASSESSMENT 668,073,618.00 668,073,618.00 668,073,618.00 MILLS 0.0250 0.0000 0.01450 100% COLLECTION $16,701,840.45 $0.00 $9,687,067.46 $26,388,907.91 Estimated Collection Rate 98.00% 96.267813% 96.267813% COLLECTIONS @ Estimated Rate $16,367,803.64 $0.00 $9,325,527.99 $25,693,331.63 Current Taxes (includes delq. land..) $23,021,037.16 16% Taxes 2,672,294.47 $25,693,331.63 2016-17 ESTIMATED STATE FOUNDATION FUNDING Change from 2015-16* 2016-2017* Prior Year M & O 25.00 25.00 DM & O 0.00 0.00 Debt Service 14.50 14.50 TOTAL MILLS 39.50 39.50 REAL PROPERTY 510,880,144.00 522,468,323.00 PERSONAL PROPERTY 112,545,835.00 114,296,730.00 UTILITIES & CARRIERS 29,858,030.00 31,308,565.00 TOTAL ASSESSMENT $653,284,009.00 $668,073,618.00 $14,789,609.00 ADM (prior year 3 qtr avg.) 10,090.92 10,063.04 (27.88) Assessment 653,284,009.00 668,073,618.00 x 98% x 25 Mills plus Five-year Avg. Misc. Funds 16,108,980.22 16,471,325.64 Divided by ADM = Local Revenue Per Student 1,596.38 1,636.81 Foundations Funding Amount Per Student 6,584.00 6,646.00 $62.00 Less Local Revenue Per Student 1,596.38 1,636.81 $40.43 Foundation Funding Aid Per Student 4,987.62 5,009.19 $21.57 Foundation Funding Aid Per Student 4,987.62 5,009.19 $21.57 X ADM 10,090.92 10,063.04 Estimated State Foundation Funding Aid (SFF) 50,329,637 50,407,638 $78,001.14

*FOOD SERVICE: Does the District provide their own food service? Y or N Did the District budget food service revenues and food service expenditures? Y or N Budgeted Prior Year Actual Salaries % Increase (Decrease) of Budgeted Salaries compared to Prior Year Actual % Food % Increase (Decrease) of Budgeted Salaries compared to Prior Year Actual % Total Expenditures % Increase (Decrease) of Budgeted Total Expenditures compared to Prior Year Actual % Beginning of Year Food Service Fund Balance Add: Budgeted Revenue Less: Budgeted Expenditures Transfers In (Transfers Out) Projected Ending Balance Is the projected ending balance POSITIVE? Y or N If no, how much additional transfer is required?