ALEXANDER CITY BOARD OF EDUCATION

COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BY FUND SOURCE

ALL GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUNDS

FOR FISCAL YEAR ENDING SEPTEMBER 30, 2014

FUND TYPES

GOVERNMENTAL

DESCRIPTION

GENERAL

SPECIAL REV

DEBT SERVICE

CAPITAL PROJ

FIDUCIARY

TOTAL

BEGINNING FUND BALANCE OCT. 1, 2013

$ 3,505,509

$ 848,640

$ 115,937

$ 105,385

$ 353,568

$ 4,929,038

REVENUES:

STATE REVENUE

FOUNDATION PROGRAM

14,470,583

14,470,583

SCHOOL NURSES PROGRAM

153,214

153,214

TECHNOLOGY COORDINATOR

27,147

27,147

CAREER TECH O&M

19,660

19,660

ALABAMA READING INITIATIVE

114,650

114,650

CHILDREN FIRST - TOBACCO SETTLEMENT

10,893

10,893

ENGLISH AS 2ND LANGUAGE

5,467

5,467

GIFTED EDUCATIN

4,521

4,521

HIPPY

55,000

55,000

ADVANCED PLACEMENT

750

750

TRANSPORTATION

764,001

132,000

896,001

AT RISK

83,123

83,123

PRESCHOOL

6,079

6,079

STATE CONTRACT - AT RISK

6,687

6,687

STATE CONTRACT - NATIONAL BOARD OF TEACHER

S 30,000

30,000

CAPITAL OUTLAY - PSCA

682,840

682,840

PSCA - STATE PAID - INTEREST

2,221

2,221

STATE PAID ON BEHALF - ACT 2007 BOND

103,492

103,492

QZAB

50,096

50,096

DRIVER'S EDUCATION & TRAINING GRANT

14,880

14,880

CATASTROPHIC SPECIAL EDUCATION SUPPORT

20,390

20,390

A+ COLLEGE READY

12,750

12,750

OTHER STATE REVENUES

10,383

1,800

12,183

TOTAL STATE REVENUES

15,915,891

1,800

732,936

132,000

-

16,782,627

FEDERAL REVENUE

ARC HIPPY

59,947

59,947

CHILD NUTRITION

1,199,852

1,199,852

E-RATE

30,358

30,358

HEALTH & HUMAN SERVICES

2,340

2,340

IMPACT AID

29

29

INDIVIDUAL W/DISABLILITIES (IDEA)

626,769

626,769

NAVY ROTC

65,811

65,811

TITLE I - PART A

740,855

740,855

TITLE II - TECHNOLOGY

171,014

171,014

TITLE III - ESL

17,515

17,515

TVI - PT B, RURAL ED INITIATIVE

60,798

60,798

VOCATIONAL EDUCATION

38,996

38,996

21st CENTURY

203,177

203,177

TOTAL FEDERAL REVENUES

68,179

3,149,281

-

-

-

3,217,460

LOCAL REVENUE

COUNTY REG AD-VALOREM (4.5 MILLS)

1,356,077

1,356,077

COUNTY SALES TAX (1%)

1,429,290

1,429,290

COUNTY BEVERAGE TAX

126,982

126,982

DISTRICT REG AD-VALOREM (3 MILLS)

685,047

685,047

DISTRICT SPEC AD-VALOREM (7.5 MILLS)

576,812

576,812

BUSINESS PRIVILEGE TAX

21,635

21,635

HELPING SCHOOL VEHICLE TAGS

4,894

4,894

MANUFACTURED HOMES REG. FEE

1,358

1,358

EARNINGS ON INVESTMENT

4,380

1,557

11,572

151

17,660

TUITION

54,750

54,750

ALEX CITY KIWANIS

3,000

3,000

COOSA VALLEY RESOURCE CONSERVATIO &

DEVELOPMENT


5,997


5,997

OTHER LOCAL REVENUE

92,504

92,504

MEDICAID ADMIN OUTREACH

185,608

185,608

RUSSELL MEDICAL CENTER

50,000

50,000

ALEX CITY SCHOOLS EDUCATION FOUNDATION

120,490

120,490

BEN & ROBERTA RUSSELL FOUNDATION

195,025

195,025

CITY FINE ART PROGRAM APPROPRIATION

120,000

120,000

FOOD SERVICE

386,128

386,128

LOCAL SCHOOL REVENUE - PUBLIC

909,515

909,515


ALEXANDER CITY BOARD OF EDUCATION

COMBINED STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BY FUND SOURCE

ALL GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUNDS

FOR FISCAL YEAR ENDING SEPTEMBER 30, 2014

FUND TYPES

GOVERNMENTAL

DESCRIPTION

GENERAL

SPECIAL REV

DEBT SERVICE

CAPITAL PROJ

FIDUCIARY

TOTAL

LOCAL SCHOOL REVENUE - NON PUBLIC

678,703

678,703

TOTAL LOCAL REVENUES

5,033,849

1,297,200

11,572

-

678,853

7,021,473

OTHER REVENUE SOURCES

BOND EXCESS ESCROW

300,000

300,000

CITY COUNCIL APPROPRIATIONS

520,000

520,000

TALLAPOOSA COUNTY COMMISSION

3,680

3,680

PAYMENTS OF BEHALF - DEBT

1,438,198

1,438,198

PAYMENTS OF BEHALF - INSURANCE

117,088

117,088

OTHER REVENUES

80,681

80,681

TOTAL OTHER SOURCES

1,021,449

-

1,438,198

-

-

2,459,647

TOTAL REVENUES

22,039,368

4,448,281

2,182,705

132,000

678,853

29,481,207

OTHER FINANCING SOURCES

LOANS (ALIANT BANK NEW BUSES)

450,887

450,887

INDIRECT COSTS

146,575

-

146,575

OPERATING TRANSFERS IN

81,261

196,099

276,557

43,376

597,293

TOTAL OTHER FINANCING SOURCES

227,836

196,099

-

727,444

43,376

1,194,755

TOTAL ALL FUNDING SOURCES

$ 22,267,203

$ 4,644,380

$ 2,182,705

$ 859,444

$ 722,230

$ 30,675,962

EXPENDITURES

INSTRUCTIONAL SERVICES

14,091,941

1,707,149

-

3,540

145,217

15,947,846

INSTRUCTIONAL SUPPORT SERVICES

3,622,052

381,892

-

-

325,412

4,329,356

OPERATION & MAINTENANCE

1,898,223

68,959

-

84,755

1,406

2,053,343

AUXILIARY SERVICES

1,130,759

1,564,178

-

450,887

6,142

3,151,967

GENERAL ADM. SERVICES

861,998

187,747

-

236,262

-

1,286,007

DEBT SERVICES

PRINCIPAL

-

-

1,518,867

75,670

-

1,594,538

INTEREST

-

-

325,614

9,731

-

335,345

OTHER EXPENDITURES

215,961

490,029

-

-

188,345

894,335

TOTAL EXPENDITURES

21,820,934

4,399,954

1,844,482

860,845

666,523

29,592,738

OTHER FUND USES

22,472

212,816

276,557

-

85,449

597,293

TOTAL ALL USES

$ 21,843,406

$ 4,612,770

$ 2,121,038

$ 860,845

$ 751,972

$ 30,190,031

SOURCES OVER (UNDER) USES

$ 423,798

$ 31,610

$ 61,667

$ (1,401)

$ (29,742)

$ 485,931

ENDING BALANCE SEPTEMBER 30, 2014

$ 3,929,306

$ 880,250

$ 177,604

$ 103,984

$ 323,826

$ 5,414,969