Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
December 2018 FCST Estimate
December 2018 Actuals
December 2017 Actuals
Variance-December
2018 Actuals to Estimate Explanation of Variance
Revenue: 1.010 - General Property Tax (Real Estate) -$ -$ -$ -$ 1.020 - Public Utility Personal Property Tax -$ -$ -$ -$ 1.035 - Unrestricted Grants-in-Aid 128,753$ 127,524$ 127,399$ (1,229)$ 1.040 - Restricted Grants-in-Aid 9,539$ 7,790$ 11,425$ (1,749)$ 1.050 - Property Tax Allocation -$ -$ -$ -$
1.060 - All Other Operating Revenues 10,000$ 63,616$ 11,588$ 53,616$ timing of receipt of interest earnings compared to prior fiscal years
1.070 - Total Revenue 148,292$ 198,930$ 150,412$ 50,638$
Other Financing Sources: 2.050 - Advances In $ - $ - $ - $ - 2.060 - All Other Financing Sources $ 110 $ - $ - (110)$ 2.080 Total Revenue and Other Financing Sources 148,402$ 198,930$ 150,412$ 50,528$
Expenditures: 3.010 - Personnel Services 556,321$ 566,588$ 551,006$ (10,267)$ timing of salary payments in FY19 vs prior fiscal years 3.020 - Employees' Retirement/Insur. Benefits 236,172$ 229,738$ 236,966$ 6,434$
3.030 - Purchased Services 95,000$ 47,918$ 106,876$ 47,082$ timing of FY19 expenditures vs estimates based on historical trends, budgets are set and not exceeded
3.040 - Supplies and Materials 30,000$ 21,938$ 17,705$ 8,062$ 3.050 - Capital Outlay 5,000$ -$ 44,119$ 5,000$ 3.060 - Intergovernmental -$ -$ -$ -$ 4.300 - Other Objects 6,092$ 10,355$ 1,720$ (4,263)$ 4.500 - Total Expenditures 928,585$ 876,537$ 958,392$ 52,048$
Other Financing Uses: 5.010 - Operating Transfers-Out -$ -$ -$ -$ 5.020 - Advances Out -$ -$ -$ -$ 5.030 - All Other Financing Uses -$ -$ 55$ -$ 5.050 - Total Expenditures and Other Financing Uses 928,585$ 876,537$ 958,447$ 52,048$
Surplus/(Deficit) for Month (780,183)$ (677,607)$ (808,035)$ 102,576$
rb010719
Forecast Comparison - General Operating Fund - December 2018
Cuyahoga Valley Career Center
FCST Comp Month
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund - December 2018
December 2018 FCST EstimateDecember 2018 ActualsDecember 2017 ActualsVariance-December 2018 Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ - 0$ - 0$ - 0$ - 0
1.020 - Public Utility Personal Property Tax$ - 0$ - 0$ - 0$ - 0
1.035 - Unrestricted Grants-in-Aid$ 128,753$ 127,524$ 127,399$ (1,229)
1.040 - Restricted Grants-in-Aid$ 9,539$ 7,790$ 11,425$ (1,749)
1.050 - Property Tax Allocation$ - 0$ - 0$ - 0$ - 0
1.060 - All Other Operating Revenues$ 10,000$ 63,616$ 11,588$ 53,616timing of receipt of interest earnings compared to prior fiscal years
1.070 - Total Revenue$ 148,292$ 198,930$ 150,412$ 50,638
Other Financing Sources:
2.050 - Advances In$ - 0$ - 0$ - 0$ - 0
2.060 - All Other Financing Sources$ 110$ - 0$ - 0$ (110)
2.080 Total Revenue and Other Financing Sources$ 148,402$ 198,930$ 150,412$ 50,528
Expenditures:
3.010 - Personnel Services$ 556,321$ 566,588$ 551,006$ (10,267)timing of salary payments in FY19 vs prior fiscal years
3.020 - Employees' Retirement/Insur. Benefits$ 236,172$ 229,738$ 236,966$ 6,434
3.030 - Purchased Services$ 95,000$ 47,918$ 106,876$ 47,082timing of FY19 expenditures vs estimates based on historical trends, budgets are set and not exceeded
3.040 - Supplies and Materials$ 30,000$ 21,938$ 17,705$ 8,062
3.050 - Capital Outlay$ 5,000$ - 0$ 44,119$ 5,000
3.060 - Intergovernmental$ - 0$ - 0$ - 0$ - 0
4.300 - Other Objects$ 6,092$ 10,355$ 1,720$ (4,263)
4.500 - Total Expenditures$ 928,585$ 876,537$ 958,392$ 52,048
Other Financing Uses:
5.010 - Operating Transfers-Out$ - 0$ - 0$ - 0$ - 0
5.020 - Advances Out$ - 0$ - 0$ - 0$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 928,585$ 876,537$ 958,447$ 52,048
Surplus/(Deficit) for Month$ (780,183)$ (677,607)$ (808,035)$ 102,576
rb010719
FCST Comp FYTD
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund -December 2018
Current FYTD FCST EstimateCurrent FYTD ActualsPrior FYTD ActualsVariance-Current FYTD Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ 4,676,574$ 4,676,574$ 4,684,718$ - 0
1.020 - Public Utility Personal Property Tax$ 233,327$ 233,327$ 220,843$ - 0
1.035 - Unrestricted Grants-in-Aid$ 814,474$ 820,753$ 817,617$ 6,279
1.040 - Restricted Grants-in-Aid$ 58,204$ 54,358$ 56,944$ (3,846)
1.050 - Property Tax Allocation$ 658,843$ 661,745$ 638,820$ 2,902
1.060 - All Other Operating Revenues$ 274,214$ 347,291$ 274,727$ 73,077timing of receipt of interest earnings and TIF payments in lieu of taxes compared to prior fiscal years, interest rates continuing to increase for investments
1.070 - Total Revenue$ 6,715,636$ 6,794,048$ 6,693,669$ 78,412
Other Financing Sources:
2.050 - Advances In$ 342,000$ 342,000$ 332,000$ - 0
2.060 - All Other Financing Sources$ 444$ 114$ 1,000$ (330)
2.080 Total Revenue and Other Financing Sources$ 7,058,080$ 7,136,162$ 7,026,669$ 78,082
Expenditures:
3.010 - Personnel Services$ 3,631,020$ 3,739,484$ 3,630,546$ (108,464)timing of salary payments in FY19 vs prior fiscal years, increased severance costs for retired/resigned employees
3.020 - Employees' Retirement/Insur. Benefits$ 1,388,574$ 1,372,858$ 1,286,632$ 15,716timing of FY19 expenditures vs estimates based on historical trends
3.030 - Purchased Services$ 852,931$ 811,810$ 956,736$ 41,121timing of FY19 expenditures vs estimates based on historical trends
3.040 - Supplies and Materials$ 303,121$ 289,443$ 271,576$ 13,678timing of FY19 expenditures vs estimates based on historical trends
3.050 - Capital Outlay$ 36,085$ 31,085$ 55,412$ 5,000
3.060 - Intergovernmental$ 90,000$ 60,000$ 27,897$ 30,000timing of FY19 expenditures vs estimates based on historical trends
4.300 - Other Objects$ 165,921$ 146,363$ 146,433$ 19,558timing of FY19 expenditures vs estimates based on historical trends
4.500 - Total Expenditures$ 6,467,652$ 6,451,043$ 6,375,232$ 16,609
Other Financing Uses:
5.010 - Operating Transfers-Out$ 804,410$ 804,410$ 808,976$ - 0
5.020 - Advances Out$ 357,000$ 357,000$ 342,000$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 7,629,062$ 7,612,453$ 7,526,263$ 16,609
Surplus/(Deficit) FYTD$ (570,982)$ (476,291)$ (499,594)$ 94,691
rb010719
Revenue
Cuyahoga Valley Career Center
Revenue Analysis Report - General Operating Fund Only - FY19
Local RevenueState Revenue
TaxesUnrestrictedProperty Restricted
2018 - 2019RealPersonalOtherGrants- TaxGrants-Non-Total
EstatePropertyInterestLocalin-AidAllocationin-AidOperating*Revenue
July2,821,252- 016,42833,532143,938- 09,782603,024,992
August1,561,675147,12038,11245,696152,616- 09,785541,955,058
- 0
September293,64786,20728,58841,858131,661338,8439,532342,0001,272,336
October- 029,3997,554135,045322,9029,532- 0504,432
November- 0- 029,76212,746129,969- 07,937- 0180,414
December- 0- 056,4947,122127,5247,790- 0- 0198,930
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
Totals$4,676,574$233,327$198,783$148,508$820,753$669,535$46,568$342,114$7,136,162
% of Total65.53%3.27%2.79%2.08%11.50%9.38%0.65%4.79%
*Non-Operating Revenue includes advances in, and refund of prior year expenditures.rb010719
Expenditures
Cuyahoga Valley Career Center
Expenditure Analysis Report - General Operating Fund - FY19
2018-2019Other-Non-Total
SalariesBenefitsServicesSuppliesEquipmentIntergov.Dues/FeesOperating*Expenses
July559,587211,533160,23541,2133,95230,0002,465- 01,008,985
August873,187264,093207,65380,7502,72830,00077,301- 01,535,712
September577,106233,466135,04331,15824,405- 050,3091,161,4102,212,897
October568,686218,791157,52561,145- 0- 04,407- 01,010,554
November594,330215,237103,43653,239- 0- 01,526- 0967,768
December566,588229,73847,91821,938- 0- 010,355- 0876,537
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
TOTALS$3,739,484$1,372,858$811,810$289,443$31,085$60,000$146,363$1,161,410$7,612,453
% of Total49.12%18.03%10.66%3.80%0.41%0.79%1.92%15.26%
*Non-Operating expenses include advances and transfers out.
Operating Fund includes General Fund (001) only for FY2017rb010719
Cash
Cuyahoga Valley Career Center
December 31, 2018FINSUMM Financial Summary
rb010719
BeginningMonthlyFiscal YearMonthlyFiscal YearCurrentUnencumbered
FundFund NameBalanceReceiptsTo DateExpendituresTo DateFund CurrentFund
7/1/18ReceiptsExpendituresBalanceEncumbrancesBalance
001General Fund$16,773,326.17$198,930.86$7,136,162.17$876,536.04$7,612,451.57$16,297,036.77$795,101.93$15,501,934.84
003Permanent Improvement$1,022,691.70$0.00$700,000.00$40,344.58$330,433.361,392,258.34$227,668.461,164,589.88
006Food Service$27,280.65$9,843.46$72,929.56$11,157.53$83,277.7616,932.45$26,511.35(9,578.90)
008Endowment$111,151.35$63.04$1,012.85$0.00$7,000.00105,164.20$576.66104,587.54
009Uniform School Supplies($7,839.10)$0.00$125,016.10$3,528.60$94,395.4622,781.54$15,633.997,147.55
011Rotary-Special Services$101,874.53$4,819.22$14,398.40$2,688.79$11,043.35105,229.58$13,149.6292,079.96
012Adult Education$179,777.10$178,779.50$1,124,599.93$108,226.61$972,721.14331,655.89$16,566.48315,089.41
018Public School Support$223,265.48$2,762.71$38,048.55$1,842.43$58,432.68202,881.35$12,649.48190,231.87
019Other Grants$54,352.28$0.00$0.00$0.00$4,537.6349,814.65$0.0049,814.65
022District Agency$7,793.21$159,031.02$640,796.53$162,535.31$663,730.05(15,140.31)$0.00(15,140.31)
200Student Managed Activity$56,762.89$1,939.82$128,772.81$8,758.50$81,294.90104,240.80$5,376.8898,863.92
451Data Communications$0.00$0.00$900.00$0.00$900.000.00$0.000.00
461Vocational Education Enhancements$2,068.18$0.00$0.00$0.00$2,068.180.00$0.000.00
499Miscellaneous State Grants$0.00$0.00$2,500.00$0.00$0.002,500.00$0.002,500.00
524Carl Perkins Grants($10,719.04)$0.00$131,408.34$35,611.26$158,280.39(37,591.09)$36,390.00(73,981.09)
Grand Totals (ALL Funds)$18,541,785.40$556,169.63$10,116,545.24$1,251,229.65$10,080,566.47$18,577,764.17$1,149,624.85$17,428,139.32
Acceptance
Cuyahoga Valley Career Center
Approved Funds for 2018/2019
This report is a listing of all grant funds authorized and/or received throughout the 2018/2019 fiscal year.
AuthorizedMonthlyAmountAmount
FundDescriptionAmountAmountReceivedReceived
ReceivedFY-to-dateProject-to-date
State Grants
451/9019Network Connectivity Subsidy FY19$1,800.00$0.00$900.00$900.00
461/9019High Schools That Work FY19$0.00$0.00$0.00$0.00
499/9019Safety Grant FY19$2,500.00$0.00$2,500.00$2,500.00
Total State Funds$4,300.00$0.00$3,400.00$3,400.00
Federal Grants
524/9018Carl D. Perkins Secondary FY18$300,696.85$0.00$31,341.83$300,696.85
524/9019Carl D. Perkins Secondary FY19$305,192.32$0.00$47,599.10$47,599.10
524/9118Carl D. Perkins Adult FY18$94,528.61$0.00$45,452.94$94,528.61
524/9119Carl D. Perkins Adult FY19$68,281.44$0.00$7,014.47$7,014.47
Total Federal Funds$768,699.22$0.00$131,408.34$449,839.03
rb010719
0
Advances
Cuyahoga Valley Career Center
Record of Advances for 2018/2019
I N I T I A L A D V A N C E I N F O R M A T I O NADVANCE RETURN
DateFROMTO FundDate
ApprovedFundFundNameAmountReturnedAmount
8/24/17001006/0000Food Services$25,000.009/11/18$25,000.00
8/24/17001009/0000Uniform School$35,000.009/11/18$35,000.00
Supplies
8/24/17001012/0000Adult Education$200,000.009/11/18$200,000.00
8/24/17001022/9004Section 125 - $32,000.009/11/18$32,000.00
CVFT
8/24/17001200/960AStudent$50,000.009/11/18$50,000.00
Leadership
8/30/18001006/0000Food Services$25,000.00
8/30/18001009/0000Uniform School$50,000.00
Supplies
8/30/18001012/0000Adult Education$200,000.00
8/30/18001022/9004Section 125 -$32,000.00
CVFT
8/30/18001200/960AStudent$50,000.00
Leadership
TOTAL Advances for 2018-2019$699,000.00$342,000.00
Advances Outstanding$357,000.00
rb010719
Recon
Cuyahoga Valley Career Center
Cash Reconciliation
December 31, 2018
FINSUM Balance$ 18,577,764.17
Bank Balance:
PNC Main Checking365,206.25
PNC - Merchant Svcs.909.79
PNC - Payroll Holding80,000.00
$ 446,116.04
Investments:
U.S. Bank: Meeder Investment Managers Managed Portfolio15,587,382.53
STAR Ohio2,525,899.82
STAR Plus20,919.55
$ 18,134,201.90
Petty Cash:
Administrative Office1,500.00
- 0
- 0
$ 1,500.00
Change Fund:
- 0
- 0
- 0
- 0
$ - 0
Less: Outstanding Checks$ (18,189.63)
Outstanding Deposits/Other Adjustments:
Credit Card Receipts in Transit450.00
Payroll Account insurance transfer in transit13,685.86
- 0
- 0
$ 14,135.86
Bank Balance$ 18,577,764.17
Variance$ - 0
rb010719
APPSUM
Cuyahoga Valley Career Center
December 31, 2018Appropriation Summary
rb010719
Prior FYFYTDMTDFYTDFYTD
FYTDCarryoverFYTDActualActualCurrentUnencumberedPercent
FundAppropriatedEncumbrancesExpendableExpendituresExpendituresEncumbrancesBalanceExp/Enc
001General Fund$14,364,984.00$298,258.94$14,663,242.94$7,612,451.57$876,536.04$795,101.936,255,689.4457.34%
003Permanent Improvement$1,100,000.00$177,667.59$1,277,667.59$330,433.36$40,344.58$227,668.46719,565.7743.68%
006Food Service$129,230.00$0.00$129,230.00$83,277.76$11,157.53$26,511.3519,440.8984.96%
008Endowment$15,000.00$576.66$15,576.66$7,000.00$0.00$576.668,000.0048.64%
009Uniform School Supplies$85,345.00$13,500.00$98,845.00$94,395.46$3,528.60$15,633.99(11,184.45)111.32%
011Rotary-Special Services$56,370.00$2,883.97$59,253.97$11,043.35$2,688.79$13,149.6235,061.0040.83%
012Adult Education$1,578,378.15$13,291.77$1,591,669.92$972,721.14$108,226.61$16,566.48602,382.3062.15%
018Public School Support$166,190.00$5,075.49$171,265.49$58,432.68$1,842.43$12,649.48100,183.3341.50%
019Other Grants$43,852.28$0.00$43,852.28$4,537.63$0.00$0.0039,314.6510.35%
022District Agency$1,012,343.00$0.00$1,012,343.00$663,730.05$162,535.31$0.00348,612.9565.56%
200Student Managed Activity$130,700.00$1,080.23$131,780.23$81,294.90$8,758.50$5,376.8845,108.4565.77%
451Data Communications$1,800.00$0.00$1,800.00$900.00$0.00$0.00900.0050.00%
461Vocational Education Enhancements$5,468.18$600.00$6,068.18$2,068.18$0.00$0.004,000.0034.08%
499Miscellaneous State Grants$0.00$0.00$0.00$0.00$0.00$0.000.00ERROR:#DIV/0!
524Carl Perkins Grants$373,473.78$66,075.71$439,549.49$158,280.39$35,611.26$36,390.00244,879.1044.29%
Totals$19,063,134.39$579,010.36$19,642,144.75$10,080,566.47$1,251,229.65$1,149,624.85$8,411,953.4357.17%
Checks
Cuyahoga Valley Career Center
Check Register for Checks > $4,999.99
December 2018
VendorAmountFundDescription
CVCC-AE Federal Disburse$ 138,585.38022Adult Education tuition from federal grants/loans
Dell Marketing L.P.$ 6,587.20003Replacement desktop computers
Ohio Graphic Inc.$ 24,328.15003/524Graphic Imaging program equipment (paper slitter/cutter/creaser and folding machine)
Gordon Food Service$ 6,265.48001/006/011Supplies for food services, culinary arts, and catering
GPD Group$ 21,972.82003Architectural/engineering services
Julian & Grube, Inc.$ 8,600.00001Audit FY18
Ohio Bureau of Workers' Compensation$ 12,252.00variousWorkers' compensation premium
PNC Bank$ 340,797.64variousPayroll #1
SERS$ 21,612.44variousClassified retirement contributions-Payroll #1
STRS$ 37,113.05variousCertified retirement contributions-Payroll #1
PNC Bank$ 5,893.08variousMedicare contributions-Payroll #1
PNC Bank$ 322,950.73variousPayroll #2
SERS$ 17,686.23variousClassified retirement contributions-Payroll #2
STRS$ 37,210.53variousCertified retirement contributions-Payroll #2
PNC Bank$ 5,767.95variousMedicare contributions-Payroll #2
Suburban Health Consortium$ 125,692.29variousEmployee benefits insurance premiums
rb010719
Sheet1
Current FYTD FCST Estimate
Current FYTD Actuals
Prior FYTD Actuals
Variance-Current FYTD
Actuals to Estimate Explanation of Variance
Revenue: 1.010 - General Property Tax (Real Estate) 4,676,574$ 4,676,574$ 4,684,718$ -$ 1.020 - Public Utility Personal Property Tax 233,327$ 233,327$ 220,843$ -$
1.035 - Unrestricted Grants-in-Aid 814,474$ 820,753$ 817,617$ 6,279$
1.040 - Restricted Grants-in-Aid 58,204$ 54,358$ 56,944$ (3,846)$ 1.050 - Property Tax Allocation 658,843$ 661,745$ 638,820$ 2,902$
1.060 - All Other Operating Revenues 274,214$ 347,291$ 274,727$ 73,077$ timing of receipt of interest earnings and TIF payments in lieu of taxes compared to prior fiscal years, interest rates continuing to increase for investments
1.070 - Total Revenue 6,715,636$ 6,794,048$ 6,693,669$ 78,412$
Other Financing Sources: 2.050 - Advances In $ 342,000 $ 342,000 $ 332,000 -$ 2.060 - All Other Financing Sources $ 444 $ 114 $ 1,000 (330)$ 2.080 Total Revenue and Other Financing Sources 7,058,080$ 7,136,162$ 7,026,669$ 78,082$
Expenditures:
3.010 - Personnel Services 3,631,020$ 3,739,484$ 3,630,546$ (108,464)$ timing of salary payments in FY19 vs prior fiscal years, increased severance costs for retired/resigned employees
3.020 - Employees' Retirement/Insur. Benefits 1,388,574$ 1,372,858$ 1,286,632$ 15,716$ timing of FY19 expenditures vs estimates based on historical trends
3.030 - Purchased Services 852,931$ 811,810$ 956,736$ 41,121$ timing of FY19 expenditures vs estimates based on historical trends
3.040 - Supplies and Materials 303,121$ 289,443$ 271,576$ 13,678$ timing of FY19 expenditures vs estimates based on historical trends
3.050 - Capital Outlay 36,085$ 31,085$ 55,412$ 5,000$
3.060 - Intergovernmental 90,000$ 60,000$ 27,897$ 30,000$ timing of FY19 expenditures vs estimates based on historical trends
4.300 - Other Objects 165,921$ 146,363$ 146,433$ 19,558$ timing of FY19 expenditures vs estimates based on historical trends
4.500 - Total Expenditures 6,467,652$ 6,451,043$ 6,375,232$ 16,609$
Other Financing Uses: 5.010 - Operating Transfers-Out 804,410$ 804,410$ 808,976$ -$ 5.020 - Advances Out 357,000$ 357,000$ 342,000$ -$ 5.030 - All Other Financing Uses -$ -$ 55$ -$ 5.050 - Total Expenditures and Other Financing Uses 7,629,062$ 7,612,453$ 7,526,263$ 16,609$
Surplus/(Deficit) FYTD (570,982)$ (476,291)$ (499,594)$ 94,691$
rb010719
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund -December 2018
FCST Comp Month
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund - December 2018
December 2018 FCST EstimateDecember 2018 ActualsDecember 2017 ActualsVariance-December 2018 Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ - 0$ - 0$ - 0$ - 0
1.020 - Public Utility Personal Property Tax$ - 0$ - 0$ - 0$ - 0
1.035 - Unrestricted Grants-in-Aid$ 128,753$ 127,524$ 127,399$ (1,229)
1.040 - Restricted Grants-in-Aid$ 9,539$ 7,790$ 11,425$ (1,749)
1.050 - Property Tax Allocation$ - 0$ - 0$ - 0$ - 0
1.060 - All Other Operating Revenues$ 10,000$ 63,616$ 11,588$ 53,616timing of receipt of interest earnings compared to prior fiscal years
1.070 - Total Revenue$ 148,292$ 198,930$ 150,412$ 50,638
Other Financing Sources:
2.050 - Advances In$ - 0$ - 0$ - 0$ - 0
2.060 - All Other Financing Sources$ 110$ - 0$ - 0$ (110)
2.080 Total Revenue and Other Financing Sources$ 148,402$ 198,930$ 150,412$ 50,528
Expenditures:
3.010 - Personnel Services$ 556,321$ 566,588$ 551,006$ (10,267)timing of salary payments in FY19 vs prior fiscal years
3.020 - Employees' Retirement/Insur. Benefits$ 236,172$ 229,738$ 236,966$ 6,434
3.030 - Purchased Services$ 95,000$ 47,918$ 106,876$ 47,082timing of FY19 expenditures vs estimates based on historical trends, budgets are set and not exceeded
3.040 - Supplies and Materials$ 30,000$ 21,938$ 17,705$ 8,062
3.050 - Capital Outlay$ 5,000$ - 0$ 44,119$ 5,000
3.060 - Intergovernmental$ - 0$ - 0$ - 0$ - 0
4.300 - Other Objects$ 6,092$ 10,355$ 1,720$ (4,263)
4.500 - Total Expenditures$ 928,585$ 876,537$ 958,392$ 52,048
Other Financing Uses:
5.010 - Operating Transfers-Out$ - 0$ - 0$ - 0$ - 0
5.020 - Advances Out$ - 0$ - 0$ - 0$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 928,585$ 876,537$ 958,447$ 52,048
Surplus/(Deficit) for Month$ (780,183)$ (677,607)$ (808,035)$ 102,576
rb010719
FCST Comp FYTD
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund -December 2018
Current FYTD FCST EstimateCurrent FYTD ActualsPrior FYTD ActualsVariance-Current FYTD Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ 4,676,574$ 4,676,574$ 4,684,718$ - 0
1.020 - Public Utility Personal Property Tax$ 233,327$ 233,327$ 220,843$ - 0
1.035 - Unrestricted Grants-in-Aid$ 814,474$ 820,753$ 817,617$ 6,279
1.040 - Restricted Grants-in-Aid$ 58,204$ 54,358$ 56,944$ (3,846)
1.050 - Property Tax Allocation$ 658,843$ 661,745$ 638,820$ 2,902
1.060 - All Other Operating Revenues$ 274,214$ 347,291$ 274,727$ 73,077timing of receipt of interest earnings and TIF payments in lieu of taxes compared to prior fiscal years, interest rates continuing to increase for investments
1.070 - Total Revenue$ 6,715,636$ 6,794,048$ 6,693,669$ 78,412
Other Financing Sources:
2.050 - Advances In$ 342,000$ 342,000$ 332,000$ - 0
2.060 - All Other Financing Sources$ 444$ 114$ 1,000$ (330)
2.080 Total Revenue and Other Financing Sources$ 7,058,080$ 7,136,162$ 7,026,669$ 78,082
Expenditures:
3.010 - Personnel Services$ 3,631,020$ 3,739,484$ 3,630,546$ (108,464)timing of salary payments in FY19 vs prior fiscal years, increased severance costs for retired/resigned employees
3.020 - Employees' Retirement/Insur. Benefits$ 1,388,574$ 1,372,858$ 1,286,632$ 15,716timing of FY19 expenditures vs estimates based on historical trends
3.030 - Purchased Services$ 852,931$ 811,810$ 956,736$ 41,121timing of FY19 expenditures vs estimates based on historical trends
3.040 - Supplies and Materials$ 303,121$ 289,443$ 271,576$ 13,678timing of FY19 expenditures vs estimates based on historical trends
3.050 - Capital Outlay$ 36,085$ 31,085$ 55,412$ 5,000
3.060 - Intergovernmental$ 90,000$ 60,000$ 27,897$ 30,000timing of FY19 expenditures vs estimates based on historical trends
4.300 - Other Objects$ 165,921$ 146,363$ 146,433$ 19,558timing of FY19 expenditures vs estimates based on historical trends
4.500 - Total Expenditures$ 6,467,652$ 6,451,043$ 6,375,232$ 16,609
Other Financing Uses:
5.010 - Operating Transfers-Out$ 804,410$ 804,410$ 808,976$ - 0
5.020 - Advances Out$ 357,000$ 357,000$ 342,000$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 7,629,062$ 7,612,453$ 7,526,263$ 16,609
Surplus/(Deficit) FYTD$ (570,982)$ (476,291)$ (499,594)$ 94,691
rb010719
Revenue
Cuyahoga Valley Career Center
Revenue Analysis Report - General Operating Fund Only - FY19
Local RevenueState Revenue
TaxesUnrestrictedProperty Restricted
2018 - 2019RealPersonalOtherGrants- TaxGrants-Non-Total
EstatePropertyInterestLocalin-AidAllocationin-AidOperating*Revenue
July2,821,252- 016,42833,532143,938- 09,782603,024,992
August1,561,675147,12038,11245,696152,616- 09,785541,955,058
- 0
September293,64786,20728,58841,858131,661338,8439,532342,0001,272,336
October- 029,3997,554135,045322,9029,532- 0504,432
November- 0- 029,76212,746129,969- 07,937- 0180,414
December- 0- 056,4947,122127,5247,790- 0- 0198,930
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
Totals$4,676,574$233,327$198,783$148,508$820,753$669,535$46,568$342,114$7,136,162
% of Total65.53%3.27%2.79%2.08%11.50%9.38%0.65%4.79%
*Non-Operating Revenue includes advances in, and refund of prior year expenditures.rb010719
Expenditures
Cuyahoga Valley Career Center
Expenditure Analysis Report - General Operating Fund - FY19
2018-2019Other-Non-Total
SalariesBenefitsServicesSuppliesEquipmentIntergov.Dues/FeesOperating*Expenses
July559,587211,533160,23541,2133,95230,0002,465- 01,008,985
August873,187264,093207,65380,7502,72830,00077,301- 01,535,712
September577,106233,466135,04331,15824,405- 050,3091,161,4102,212,897
October568,686218,791157,52561,145- 0- 04,407- 01,010,554
November594,330215,237103,43653,239- 0- 01,526- 0967,768
December566,588229,73847,91821,938- 0- 010,355- 0876,537
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
TOTALS$3,739,484$1,372,858$811,810$289,443$31,085$60,000$146,363$1,161,410$7,612,453
% of Total49.12%18.03%10.66%3.80%0.41%0.79%1.92%15.26%
*Non-Operating expenses include advances and transfers out.
Operating Fund includes General Fund (001) only for FY2017rb010719
Cash
Cuyahoga Valley Career Center
December 31, 2018FINSUMM Financial Summary
rb010719
BeginningMonthlyFiscal YearMonthlyFiscal YearCurrentUnencumbered
FundFund NameBalanceReceiptsTo DateExpendituresTo DateFund CurrentFund
7/1/18ReceiptsExpendituresBalanceEncumbrancesBalance
001General Fund$16,773,326.17$198,930.86$7,136,162.17$876,536.04$7,612,451.57$16,297,036.77$795,101.93$15,501,934.84
003Permanent Improvement$1,022,691.70$0.00$700,000.00$40,344.58$330,433.361,392,258.34$227,668.461,164,589.88
006Food Service$27,280.65$9,843.46$72,929.56$11,157.53$83,277.7616,932.45$26,511.35(9,578.90)
008Endowment$111,151.35$63.04$1,012.85$0.00$7,000.00105,164.20$576.66104,587.54
009Uniform School Supplies($7,839.10)$0.00$125,016.10$3,528.60$94,395.4622,781.54$15,633.997,147.55
011Rotary-Special Services$101,874.53$4,819.22$14,398.40$2,688.79$11,043.35105,229.58$13,149.6292,079.96
012Adult Education$179,777.10$178,779.50$1,124,599.93$108,226.61$972,721.14331,655.89$16,566.48315,089.41
018Public School Support$223,265.48$2,762.71$38,048.55$1,842.43$58,432.68202,881.35$12,649.48190,231.87
019Other Grants$54,352.28$0.00$0.00$0.00$4,537.6349,814.65$0.0049,814.65
022District Agency$7,793.21$159,031.02$640,796.53$162,535.31$663,730.05(15,140.31)$0.00(15,140.31)
200Student Managed Activity$56,762.89$1,939.82$128,772.81$8,758.50$81,294.90104,240.80$5,376.8898,863.92
451Data Communications$0.00$0.00$900.00$0.00$900.000.00$0.000.00
461Vocational Education Enhancements$2,068.18$0.00$0.00$0.00$2,068.180.00$0.000.00
499Miscellaneous State Grants$0.00$0.00$2,500.00$0.00$0.002,500.00$0.002,500.00
524Carl Perkins Grants($10,719.04)$0.00$131,408.34$35,611.26$158,280.39(37,591.09)$36,390.00(73,981.09)
Grand Totals (ALL Funds)$18,541,785.40$556,169.63$10,116,545.24$1,251,229.65$10,080,566.47$18,577,764.17$1,149,624.85$17,428,139.32
Acceptance
Cuyahoga Valley Career Center
Approved Funds for 2018/2019
This report is a listing of all grant funds authorized and/or received throughout the 2018/2019 fiscal year.
AuthorizedMonthlyAmountAmount
FundDescriptionAmountAmountReceivedReceived
ReceivedFY-to-dateProject-to-date
State Grants
451/9019Network Connectivity Subsidy FY19$1,800.00$0.00$900.00$900.00
461/9019High Schools That Work FY19$0.00$0.00$0.00$0.00
499/9019Safety Grant FY19$2,500.00$0.00$2,500.00$2,500.00
Total State Funds$4,300.00$0.00$3,400.00$3,400.00
Federal Grants
524/9018Carl D. Perkins Secondary FY18$300,696.85$0.00$31,341.83$300,696.85
524/9019Carl D. Perkins Secondary FY19$305,192.32$0.00$47,599.10$47,599.10
524/9118Carl D. Perkins Adult FY18$94,528.61$0.00$45,452.94$94,528.61
524/9119Carl D. Perkins Adult FY19$68,281.44$0.00$7,014.47$7,014.47
Total Federal Funds$768,699.22$0.00$131,408.34$449,839.03
rb010719
0
Advances
Cuyahoga Valley Career Center
Record of Advances for 2018/2019
I N I T I A L A D V A N C E I N F O R M A T I O NADVANCE RETURN
DateFROMTO FundDate
ApprovedFundFundNameAmountReturnedAmount
8/24/17001006/0000Food Services$25,000.009/11/18$25,000.00
8/24/17001009/0000Uniform School$35,000.009/11/18$35,000.00
Supplies
8/24/17001012/0000Adult Education$200,000.009/11/18$200,000.00
8/24/17001022/9004Section 125 - $32,000.009/11/18$32,000.00
CVFT
8/24/17001200/960AStudent$50,000.009/11/18$50,000.00
Leadership
8/30/18001006/0000Food Services$25,000.00
8/30/18001009/0000Uniform School$50,000.00
Supplies
8/30/18001012/0000Adult Education$200,000.00
8/30/18001022/9004Section 125 -$32,000.00
CVFT
8/30/18001200/960AStudent$50,000.00
Leadership
TOTAL Advances for 2018-2019$699,000.00$342,000.00
Advances Outstanding$357,000.00
rb010719
Recon
Cuyahoga Valley Career Center
Cash Reconciliation
December 31, 2018
FINSUM Balance$ 18,577,764.17
Bank Balance:
PNC Main Checking365,206.25
PNC - Merchant Svcs.909.79
PNC - Payroll Holding80,000.00
$ 446,116.04
Investments:
U.S. Bank: Meeder Investment Managers Managed Portfolio15,587,382.53
STAR Ohio2,525,899.82
STAR Plus20,919.55
$ 18,134,201.90
Petty Cash:
Administrative Office1,500.00
- 0
- 0
$ 1,500.00
Change Fund:
- 0
- 0
- 0
- 0
$ - 0
Less: Outstanding Checks$ (18,189.63)
Outstanding Deposits/Other Adjustments:
Credit Card Receipts in Transit450.00
Payroll Account insurance transfer in transit13,685.86
- 0
- 0
$ 14,135.86
Bank Balance$ 18,577,764.17
Variance$ - 0
rb010719
APPSUM
Cuyahoga Valley Career Center
December 31, 2018Appropriation Summary
rb010719
Prior FYFYTDMTDFYTDFYTD
FYTDCarryoverFYTDActualActualCurrentUnencumberedPercent
FundAppropriatedEncumbrancesExpendableExpendituresExpendituresEncumbrancesBalanceExp/Enc
001General Fund$14,364,984.00$298,258.94$14,663,242.94$7,612,451.57$876,536.04$795,101.936,255,689.4457.34%
003Permanent Improvement$1,100,000.00$177,667.59$1,277,667.59$330,433.36$40,344.58$227,668.46719,565.7743.68%
006Food Service$129,230.00$0.00$129,230.00$83,277.76$11,157.53$26,511.3519,440.8984.96%
008Endowment$15,000.00$576.66$15,576.66$7,000.00$0.00$576.668,000.0048.64%
009Uniform School Supplies$85,345.00$13,500.00$98,845.00$94,395.46$3,528.60$15,633.99(11,184.45)111.32%
011Rotary-Special Services$56,370.00$2,883.97$59,253.97$11,043.35$2,688.79$13,149.6235,061.0040.83%
012Adult Education$1,578,378.15$13,291.77$1,591,669.92$972,721.14$108,226.61$16,566.48602,382.3062.15%
018Public School Support$166,190.00$5,075.49$171,265.49$58,432.68$1,842.43$12,649.48100,183.3341.50%
019Other Grants$43,852.28$0.00$43,852.28$4,537.63$0.00$0.0039,314.6510.35%
022District Agency$1,012,343.00$0.00$1,012,343.00$663,730.05$162,535.31$0.00348,612.9565.56%
200Student Managed Activity$130,700.00$1,080.23$131,780.23$81,294.90$8,758.50$5,376.8845,108.4565.77%
451Data Communications$1,800.00$0.00$1,800.00$900.00$0.00$0.00900.0050.00%
461Vocational Education Enhancements$5,468.18$600.00$6,068.18$2,068.18$0.00$0.004,000.0034.08%
499Miscellaneous State Grants$0.00$0.00$0.00$0.00$0.00$0.000.00ERROR:#DIV/0!
524Carl Perkins Grants$373,473.78$66,075.71$439,549.49$158,280.39$35,611.26$36,390.00244,879.1044.29%
Totals$19,063,134.39$579,010.36$19,642,144.75$10,080,566.47$1,251,229.65$1,149,624.85$8,411,953.4357.17%
Checks
Cuyahoga Valley Career Center
Check Register for Checks > $4,999.99
December 2018
VendorAmountFundDescription
CVCC-AE Federal Disburse$ 138,585.38022Adult Education tuition from federal grants/loans
Dell Marketing L.P.$ 6,587.20003Replacement desktop computers
Ohio Graphic Inc.$ 24,328.15003/524Graphic Imaging program equipment (paper slitter/cutter/creaser and folding machine)
Gordon Food Service$ 6,265.48001/006/011Supplies for food services, culinary arts, and catering
GPD Group$ 21,972.82003Architectural/engineering services
Julian & Grube, Inc.$ 8,600.00001Audit FY18
Ohio Bureau of Workers' Compensation$ 12,252.00variousWorkers' compensation premium
PNC Bank$ 340,797.64variousPayroll #1
SERS$ 21,612.44variousClassified retirement contributions-Payroll #1
STRS$ 37,113.05variousCertified retirement contributions-Payroll #1
PNC Bank$ 5,893.08variousMedicare contributions-Payroll #1
PNC Bank$ 322,950.73variousPayroll #2
SERS$ 17,686.23variousClassified retirement contributions-Payroll #2
STRS$ 37,210.53variousCertified retirement contributions-Payroll #2
PNC Bank$ 5,767.95variousMedicare contributions-Payroll #2
Suburban Health Consortium$ 125,692.29variousEmployee benefits insurance premiums
rb010719
Sheet1
Unrestricted Property Restricted2018 - 2019 Real Personal Other Grants- Tax Grants- Non- Total
Estate Property Interest Local in-Aid Allocation in-Aid Operating* Revenue
July 2,821,252 - 16,428 33,532 143,938 - 9,782 60 3,024,992
August 1,561,675 147,120 38,112 45,696 152,616 - 9,785 54 1,955,058 -
September 293,647 86,207 28,588 41,858 131,661 338,843 9,532 342,000 1,272,336
October - 29,399 7,554 135,045 322,902 9,532 - 504,432
November - - 29,762 12,746 129,969 - 7,937 - 180,414
December - - 56,494 7,122 127,524 7,790 - - 198,930
January - - - - - - - - -
February - - - - - - - - -
March - - - - - - - - -
April - - - - - - - - -
May - - - - - - - - -
June - - - - - - - - -
Totals $4,676,574 $233,327 $198,783 $148,508 $820,753 $669,535 $46,568 $342,114 $7,136,162
% of Total 65.53% 3.27% 2.79% 2.08% 11.50% 9.38% 0.65% 4.79%
rb010719
Cuyahoga Valley Career Center
*Non-Operating Revenue includes advances in, and refund of prior year expenditures.
Revenue Analysis Report - General Operating Fund Only - FY19Local Revenue State Revenue
Taxes
FCST Comp Month
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund - December 2018
December 2018 FCST EstimateDecember 2018 ActualsDecember 2017 ActualsVariance-December 2018 Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ - 0$ - 0$ - 0$ - 0
1.020 - Public Utility Personal Property Tax$ - 0$ - 0$ - 0$ - 0
1.035 - Unrestricted Grants-in-Aid$ 128,753$ 127,524$ 127,399$ (1,229)
1.040 - Restricted Grants-in-Aid$ 9,539$ 7,790$ 11,425$ (1,749)
1.050 - Property Tax Allocation$ - 0$ - 0$ - 0$ - 0
1.060 - All Other Operating Revenues$ 10,000$ 63,616$ 11,588$ 53,616timing of receipt of interest earnings compared to prior fiscal years
1.070 - Total Revenue$ 148,292$ 198,930$ 150,412$ 50,638
Other Financing Sources:
2.050 - Advances In$ - 0$ - 0$ - 0$ - 0
2.060 - All Other Financing Sources$ 110$ - 0$ - 0$ (110)
2.080 Total Revenue and Other Financing Sources$ 148,402$ 198,930$ 150,412$ 50,528
Expenditures:
3.010 - Personnel Services$ 556,321$ 566,588$ 551,006$ (10,267)timing of salary payments in FY19 vs prior fiscal years
3.020 - Employees' Retirement/Insur. Benefits$ 236,172$ 229,738$ 236,966$ 6,434
3.030 - Purchased Services$ 95,000$ 47,918$ 106,876$ 47,082timing of FY19 expenditures vs estimates based on historical trends, budgets are set and not exceeded
3.040 - Supplies and Materials$ 30,000$ 21,938$ 17,705$ 8,062
3.050 - Capital Outlay$ 5,000$ - 0$ 44,119$ 5,000
3.060 - Intergovernmental$ - 0$ - 0$ - 0$ - 0
4.300 - Other Objects$ 6,092$ 10,355$ 1,720$ (4,263)
4.500 - Total Expenditures$ 928,585$ 876,537$ 958,392$ 52,048
Other Financing Uses:
5.010 - Operating Transfers-Out$ - 0$ - 0$ - 0$ - 0
5.020 - Advances Out$ - 0$ - 0$ - 0$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 928,585$ 876,537$ 958,447$ 52,048
Surplus/(Deficit) for Month$ (780,183)$ (677,607)$ (808,035)$ 102,576
rb010719
FCST Comp FYTD
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund -December 2018
Current FYTD FCST EstimateCurrent FYTD ActualsPrior FYTD ActualsVariance-Current FYTD Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ 4,676,574$ 4,676,574$ 4,684,718$ - 0
1.020 - Public Utility Personal Property Tax$ 233,327$ 233,327$ 220,843$ - 0
1.035 - Unrestricted Grants-in-Aid$ 814,474$ 820,753$ 817,617$ 6,279
1.040 - Restricted Grants-in-Aid$ 58,204$ 54,358$ 56,944$ (3,846)
1.050 - Property Tax Allocation$ 658,843$ 661,745$ 638,820$ 2,902
1.060 - All Other Operating Revenues$ 274,214$ 347,291$ 274,727$ 73,077timing of receipt of interest earnings and TIF payments in lieu of taxes compared to prior fiscal years, interest rates continuing to increase for investments
1.070 - Total Revenue$ 6,715,636$ 6,794,048$ 6,693,669$ 78,412
Other Financing Sources:
2.050 - Advances In$ 342,000$ 342,000$ 332,000$ - 0
2.060 - All Other Financing Sources$ 444$ 114$ 1,000$ (330)
2.080 Total Revenue and Other Financing Sources$ 7,058,080$ 7,136,162$ 7,026,669$ 78,082
Expenditures:
3.010 - Personnel Services$ 3,631,020$ 3,739,484$ 3,630,546$ (108,464)timing of salary payments in FY19 vs prior fiscal years, increased severance costs for retired/resigned employees
3.020 - Employees' Retirement/Insur. Benefits$ 1,388,574$ 1,372,858$ 1,286,632$ 15,716timing of FY19 expenditures vs estimates based on historical trends
3.030 - Purchased Services$ 852,931$ 811,810$ 956,736$ 41,121timing of FY19 expenditures vs estimates based on historical trends
3.040 - Supplies and Materials$ 303,121$ 289,443$ 271,576$ 13,678timing of FY19 expenditures vs estimates based on historical trends
3.050 - Capital Outlay$ 36,085$ 31,085$ 55,412$ 5,000
3.060 - Intergovernmental$ 90,000$ 60,000$ 27,897$ 30,000timing of FY19 expenditures vs estimates based on historical trends
4.300 - Other Objects$ 165,921$ 146,363$ 146,433$ 19,558timing of FY19 expenditures vs estimates based on historical trends
4.500 - Total Expenditures$ 6,467,652$ 6,451,043$ 6,375,232$ 16,609
Other Financing Uses:
5.010 - Operating Transfers-Out$ 804,410$ 804,410$ 808,976$ - 0
5.020 - Advances Out$ 357,000$ 357,000$ 342,000$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 7,629,062$ 7,612,453$ 7,526,263$ 16,609
Surplus/(Deficit) FYTD$ (570,982)$ (476,291)$ (499,594)$ 94,691
rb010719
Revenue
Cuyahoga Valley Career Center
Revenue Analysis Report - General Operating Fund Only - FY19
Local RevenueState Revenue
TaxesUnrestrictedProperty Restricted
2018 - 2019RealPersonalOtherGrants- TaxGrants-Non-Total
EstatePropertyInterestLocalin-AidAllocationin-AidOperating*Revenue
July2,821,252- 016,42833,532143,938- 09,782603,024,992
August1,561,675147,12038,11245,696152,616- 09,785541,955,058
- 0
September293,64786,20728,58841,858131,661338,8439,532342,0001,272,336
October- 029,3997,554135,045322,9029,532- 0504,432
November- 0- 029,76212,746129,969- 07,937- 0180,414
December- 0- 056,4947,122127,5247,790- 0- 0198,930
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
Totals$4,676,574$233,327$198,783$148,508$820,753$669,535$46,568$342,114$7,136,162
% of Total65.53%3.27%2.79%2.08%11.50%9.38%0.65%4.79%
*Non-Operating Revenue includes advances in, and refund of prior year expenditures.rb010719
Expenditures
Cuyahoga Valley Career Center
Expenditure Analysis Report - General Operating Fund - FY19
2018-2019Other-Non-Total
SalariesBenefitsServicesSuppliesEquipmentIntergov.Dues/FeesOperating*Expenses
July559,587211,533160,23541,2133,95230,0002,465- 01,008,985
August873,187264,093207,65380,7502,72830,00077,301- 01,535,712
September577,106233,466135,04331,15824,405- 050,3091,161,4102,212,897
October568,686218,791157,52561,145- 0- 04,407- 01,010,554
November594,330215,237103,43653,239- 0- 01,526- 0967,768
December566,588229,73847,91821,938- 0- 010,355- 0876,537
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
TOTALS$3,739,484$1,372,858$811,810$289,443$31,085$60,000$146,363$1,161,410$7,612,453
% of Total49.12%18.03%10.66%3.80%0.41%0.79%1.92%15.26%
*Non-Operating expenses include advances and transfers out.
Operating Fund includes General Fund (001) only for FY2017rb010719
Cash
Cuyahoga Valley Career Center
December 31, 2018FINSUMM Financial Summary
rb010719
BeginningMonthlyFiscal YearMonthlyFiscal YearCurrentUnencumbered
FundFund NameBalanceReceiptsTo DateExpendituresTo DateFund CurrentFund
7/1/18ReceiptsExpendituresBalanceEncumbrancesBalance
001General Fund$16,773,326.17$198,930.86$7,136,162.17$876,536.04$7,612,451.57$16,297,036.77$795,101.93$15,501,934.84
003Permanent Improvement$1,022,691.70$0.00$700,000.00$40,344.58$330,433.361,392,258.34$227,668.461,164,589.88
006Food Service$27,280.65$9,843.46$72,929.56$11,157.53$83,277.7616,932.45$26,511.35(9,578.90)
008Endowment$111,151.35$63.04$1,012.85$0.00$7,000.00105,164.20$576.66104,587.54
009Uniform School Supplies($7,839.10)$0.00$125,016.10$3,528.60$94,395.4622,781.54$15,633.997,147.55
011Rotary-Special Services$101,874.53$4,819.22$14,398.40$2,688.79$11,043.35105,229.58$13,149.6292,079.96
012Adult Education$179,777.10$178,779.50$1,124,599.93$108,226.61$972,721.14331,655.89$16,566.48315,089.41
018Public School Support$223,265.48$2,762.71$38,048.55$1,842.43$58,432.68202,881.35$12,649.48190,231.87
019Other Grants$54,352.28$0.00$0.00$0.00$4,537.6349,814.65$0.0049,814.65
022District Agency$7,793.21$159,031.02$640,796.53$162,535.31$663,730.05(15,140.31)$0.00(15,140.31)
200Student Managed Activity$56,762.89$1,939.82$128,772.81$8,758.50$81,294.90104,240.80$5,376.8898,863.92
451Data Communications$0.00$0.00$900.00$0.00$900.000.00$0.000.00
461Vocational Education Enhancements$2,068.18$0.00$0.00$0.00$2,068.180.00$0.000.00
499Miscellaneous State Grants$0.00$0.00$2,500.00$0.00$0.002,500.00$0.002,500.00
524Carl Perkins Grants($10,719.04)$0.00$131,408.34$35,611.26$158,280.39(37,591.09)$36,390.00(73,981.09)
Grand Totals (ALL Funds)$18,541,785.40$556,169.63$10,116,545.24$1,251,229.65$10,080,566.47$18,577,764.17$1,149,624.85$17,428,139.32
Acceptance
Cuyahoga Valley Career Center
Approved Funds for 2018/2019
This report is a listing of all grant funds authorized and/or received throughout the 2018/2019 fiscal year.
AuthorizedMonthlyAmountAmount
FundDescriptionAmountAmountReceivedReceived
ReceivedFY-to-dateProject-to-date
State Grants
451/9019Network Connectivity Subsidy FY19$1,800.00$0.00$900.00$900.00
461/9019High Schools That Work FY19$0.00$0.00$0.00$0.00
499/9019Safety Grant FY19$2,500.00$0.00$2,500.00$2,500.00
Total State Funds$4,300.00$0.00$3,400.00$3,400.00
Federal Grants
524/9018Carl D. Perkins Secondary FY18$300,696.85$0.00$31,341.83$300,696.85
524/9019Carl D. Perkins Secondary FY19$305,192.32$0.00$47,599.10$47,599.10
524/9118Carl D. Perkins Adult FY18$94,528.61$0.00$45,452.94$94,528.61
524/9119Carl D. Perkins Adult FY19$68,281.44$0.00$7,014.47$7,014.47
Total Federal Funds$768,699.22$0.00$131,408.34$449,839.03
rb010719
0
Advances
Cuyahoga Valley Career Center
Record of Advances for 2018/2019
I N I T I A L A D V A N C E I N F O R M A T I O NADVANCE RETURN
DateFROMTO FundDate
ApprovedFundFundNameAmountReturnedAmount
8/24/17001006/0000Food Services$25,000.009/11/18$25,000.00
8/24/17001009/0000Uniform School$35,000.009/11/18$35,000.00
Supplies
8/24/17001012/0000Adult Education$200,000.009/11/18$200,000.00
8/24/17001022/9004Section 125 - $32,000.009/11/18$32,000.00
CVFT
8/24/17001200/960AStudent$50,000.009/11/18$50,000.00
Leadership
8/30/18001006/0000Food Services$25,000.00
8/30/18001009/0000Uniform School$50,000.00
Supplies
8/30/18001012/0000Adult Education$200,000.00
8/30/18001022/9004Section 125 -$32,000.00
CVFT
8/30/18001200/960AStudent$50,000.00
Leadership
TOTAL Advances for 2018-2019$699,000.00$342,000.00
Advances Outstanding$357,000.00
rb010719
Recon
Cuyahoga Valley Career Center
Cash Reconciliation
December 31, 2018
FINSUM Balance$ 18,577,764.17
Bank Balance:
PNC Main Checking365,206.25
PNC - Merchant Svcs.909.79
PNC - Payroll Holding80,000.00
$ 446,116.04
Investments:
U.S. Bank: Meeder Investment Managers Managed Portfolio15,587,382.53
STAR Ohio2,525,899.82
STAR Plus20,919.55
$ 18,134,201.90
Petty Cash:
Administrative Office1,500.00
- 0
- 0
$ 1,500.00
Change Fund:
- 0
- 0
- 0
- 0
$ - 0
Less: Outstanding Checks$ (18,189.63)
Outstanding Deposits/Other Adjustments:
Credit Card Receipts in Transit450.00
Payroll Account insurance transfer in transit13,685.86
- 0
- 0
$ 14,135.86
Bank Balance$ 18,577,764.17
Variance$ - 0
rb010719
APPSUM
Cuyahoga Valley Career Center
December 31, 2018Appropriation Summary
rb010719
Prior FYFYTDMTDFYTDFYTD
FYTDCarryoverFYTDActualActualCurrentUnencumberedPercent
FundAppropriatedEncumbrancesExpendableExpendituresExpendituresEncumbrancesBalanceExp/Enc
001General Fund$14,364,984.00$298,258.94$14,663,242.94$7,612,451.57$876,536.04$795,101.936,255,689.4457.34%
003Permanent Improvement$1,100,000.00$177,667.59$1,277,667.59$330,433.36$40,344.58$227,668.46719,565.7743.68%
006Food Service$129,230.00$0.00$129,230.00$83,277.76$11,157.53$26,511.3519,440.8984.96%
008Endowment$15,000.00$576.66$15,576.66$7,000.00$0.00$576.668,000.0048.64%
009Uniform School Supplies$85,345.00$13,500.00$98,845.00$94,395.46$3,528.60$15,633.99(11,184.45)111.32%
011Rotary-Special Services$56,370.00$2,883.97$59,253.97$11,043.35$2,688.79$13,149.6235,061.0040.83%
012Adult Education$1,578,378.15$13,291.77$1,591,669.92$972,721.14$108,226.61$16,566.48602,382.3062.15%
018Public School Support$166,190.00$5,075.49$171,265.49$58,432.68$1,842.43$12,649.48100,183.3341.50%
019Other Grants$43,852.28$0.00$43,852.28$4,537.63$0.00$0.0039,314.6510.35%
022District Agency$1,012,343.00$0.00$1,012,343.00$663,730.05$162,535.31$0.00348,612.9565.56%
200Student Managed Activity$130,700.00$1,080.23$131,780.23$81,294.90$8,758.50$5,376.8845,108.4565.77%
451Data Communications$1,800.00$0.00$1,800.00$900.00$0.00$0.00900.0050.00%
461Vocational Education Enhancements$5,468.18$600.00$6,068.18$2,068.18$0.00$0.004,000.0034.08%
499Miscellaneous State Grants$0.00$0.00$0.00$0.00$0.00$0.000.00ERROR:#DIV/0!
524Carl Perkins Grants$373,473.78$66,075.71$439,549.49$158,280.39$35,611.26$36,390.00244,879.1044.29%
Totals$19,063,134.39$579,010.36$19,642,144.75$10,080,566.47$1,251,229.65$1,149,624.85$8,411,953.4357.17%
Checks
Cuyahoga Valley Career Center
Check Register for Checks > $4,999.99
December 2018
VendorAmountFundDescription
CVCC-AE Federal Disburse$ 138,585.38022Adult Education tuition from federal grants/loans
Dell Marketing L.P.$ 6,587.20003Replacement desktop computers
Ohio Graphic Inc.$ 24,328.15003/524Graphic Imaging program equipment (paper slitter/cutter/creaser and folding machine)
Gordon Food Service$ 6,265.48001/006/011Supplies for food services, culinary arts, and catering
GPD Group$ 21,972.82003Architectural/engineering services
Julian & Grube, Inc.$ 8,600.00001Audit FY18
Ohio Bureau of Workers' Compensation$ 12,252.00variousWorkers' compensation premium
PNC Bank$ 340,797.64variousPayroll #1
SERS$ 21,612.44variousClassified retirement contributions-Payroll #1
STRS$ 37,113.05variousCertified retirement contributions-Payroll #1
PNC Bank$ 5,893.08variousMedicare contributions-Payroll #1
PNC Bank$ 322,950.73variousPayroll #2
SERS$ 17,686.23variousClassified retirement contributions-Payroll #2
STRS$ 37,210.53variousCertified retirement contributions-Payroll #2
PNC Bank$ 5,767.95variousMedicare contributions-Payroll #2
Suburban Health Consortium$ 125,692.29variousEmployee benefits insurance premiums
rb010719
Sheet1
2018-2019 Other- Non- TotalSalaries Benefits Services Supplies Equipment Intergov. Dues/Fees Operating* Expenses
July 559,587 211,533 160,235 41,213 3,952 30,000 2,465 - 1,008,985
August 873,187 264,093 207,653 80,750 2,728 30,000 77,301 - 1,535,712
September 577,106 233,466 135,043 31,158 24,405 - 50,309 1,161,410 2,212,897
October 568,686 218,791 157,525 61,145 - - 4,407 - 1,010,554
November 594,330 215,237 103,436 53,239 - - 1,526 - 967,768
December 566,588 229,738 47,918 21,938 - - 10,355 - 876,537
January - - - - - - - - -
February - - - - - - - - -
March - - - - - - - - -
April - - - - - - - - -
May - - - - - - - - -
June - - - - - - - - -
TOTALS $3,739,484 $1,372,858 $811,810 $289,443 $31,085 $60,000 $146,363 $1,161,410 $7,612,453
% of Total 49.12% 18.03% 10.66% 3.80% 0.41% 0.79% 1.92% 15.26%*Non-Operating expenses include advances and transfers out.
rb010719
Expenditure Analysis Report - General Operating Fund - FY19
Cuyahoga Valley Career Center
Operating Fund includes General Fund (001) only for FY2017
FCST Comp Month
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund - December 2018
December 2018 FCST EstimateDecember 2018 ActualsDecember 2017 ActualsVariance-December 2018 Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ - 0$ - 0$ - 0$ - 0
1.020 - Public Utility Personal Property Tax$ - 0$ - 0$ - 0$ - 0
1.035 - Unrestricted Grants-in-Aid$ 128,753$ 127,524$ 127,399$ (1,229)
1.040 - Restricted Grants-in-Aid$ 9,539$ 7,790$ 11,425$ (1,749)
1.050 - Property Tax Allocation$ - 0$ - 0$ - 0$ - 0
1.060 - All Other Operating Revenues$ 10,000$ 63,616$ 11,588$ 53,616timing of receipt of interest earnings compared to prior fiscal years
1.070 - Total Revenue$ 148,292$ 198,930$ 150,412$ 50,638
Other Financing Sources:
2.050 - Advances In$ - 0$ - 0$ - 0$ - 0
2.060 - All Other Financing Sources$ 110$ - 0$ - 0$ (110)
2.080 Total Revenue and Other Financing Sources$ 148,402$ 198,930$ 150,412$ 50,528
Expenditures:
3.010 - Personnel Services$ 556,321$ 566,588$ 551,006$ (10,267)timing of salary payments in FY19 vs prior fiscal years
3.020 - Employees' Retirement/Insur. Benefits$ 236,172$ 229,738$ 236,966$ 6,434
3.030 - Purchased Services$ 95,000$ 47,918$ 106,876$ 47,082timing of FY19 expenditures vs estimates based on historical trends, budgets are set and not exceeded
3.040 - Supplies and Materials$ 30,000$ 21,938$ 17,705$ 8,062
3.050 - Capital Outlay$ 5,000$ - 0$ 44,119$ 5,000
3.060 - Intergovernmental$ - 0$ - 0$ - 0$ - 0
4.300 - Other Objects$ 6,092$ 10,355$ 1,720$ (4,263)
4.500 - Total Expenditures$ 928,585$ 876,537$ 958,392$ 52,048
Other Financing Uses:
5.010 - Operating Transfers-Out$ - 0$ - 0$ - 0$ - 0
5.020 - Advances Out$ - 0$ - 0$ - 0$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 928,585$ 876,537$ 958,447$ 52,048
Surplus/(Deficit) for Month$ (780,183)$ (677,607)$ (808,035)$ 102,576
rb010719
FCST Comp FYTD
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund -December 2018
Current FYTD FCST EstimateCurrent FYTD ActualsPrior FYTD ActualsVariance-Current FYTD Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ 4,676,574$ 4,676,574$ 4,684,718$ - 0
1.020 - Public Utility Personal Property Tax$ 233,327$ 233,327$ 220,843$ - 0
1.035 - Unrestricted Grants-in-Aid$ 814,474$ 820,753$ 817,617$ 6,279
1.040 - Restricted Grants-in-Aid$ 58,204$ 54,358$ 56,944$ (3,846)
1.050 - Property Tax Allocation$ 658,843$ 661,745$ 638,820$ 2,902
1.060 - All Other Operating Revenues$ 274,214$ 347,291$ 274,727$ 73,077timing of receipt of interest earnings and TIF payments in lieu of taxes compared to prior fiscal years, interest rates continuing to increase for investments
1.070 - Total Revenue$ 6,715,636$ 6,794,048$ 6,693,669$ 78,412
Other Financing Sources:
2.050 - Advances In$ 342,000$ 342,000$ 332,000$ - 0
2.060 - All Other Financing Sources$ 444$ 114$ 1,000$ (330)
2.080 Total Revenue and Other Financing Sources$ 7,058,080$ 7,136,162$ 7,026,669$ 78,082
Expenditures:
3.010 - Personnel Services$ 3,631,020$ 3,739,484$ 3,630,546$ (108,464)timing of salary payments in FY19 vs prior fiscal years, increased severance costs for retired/resigned employees
3.020 - Employees' Retirement/Insur. Benefits$ 1,388,574$ 1,372,858$ 1,286,632$ 15,716timing of FY19 expenditures vs estimates based on historical trends
3.030 - Purchased Services$ 852,931$ 811,810$ 956,736$ 41,121timing of FY19 expenditures vs estimates based on historical trends
3.040 - Supplies and Materials$ 303,121$ 289,443$ 271,576$ 13,678timing of FY19 expenditures vs estimates based on historical trends
3.050 - Capital Outlay$ 36,085$ 31,085$ 55,412$ 5,000
3.060 - Intergovernmental$ 90,000$ 60,000$ 27,897$ 30,000timing of FY19 expenditures vs estimates based on historical trends
4.300 - Other Objects$ 165,921$ 146,363$ 146,433$ 19,558timing of FY19 expenditures vs estimates based on historical trends
4.500 - Total Expenditures$ 6,467,652$ 6,451,043$ 6,375,232$ 16,609
Other Financing Uses:
5.010 - Operating Transfers-Out$ 804,410$ 804,410$ 808,976$ - 0
5.020 - Advances Out$ 357,000$ 357,000$ 342,000$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 7,629,062$ 7,612,453$ 7,526,263$ 16,609
Surplus/(Deficit) FYTD$ (570,982)$ (476,291)$ (499,594)$ 94,691
rb010719
Revenue
Cuyahoga Valley Career Center
Revenue Analysis Report - General Operating Fund Only - FY19
Local RevenueState Revenue
TaxesUnrestrictedProperty Restricted
2018 - 2019RealPersonalOtherGrants- TaxGrants-Non-Total
EstatePropertyInterestLocalin-AidAllocationin-AidOperating*Revenue
July2,821,252- 016,42833,532143,938- 09,782603,024,992
August1,561,675147,12038,11245,696152,616- 09,785541,955,058
- 0
September293,64786,20728,58841,858131,661338,8439,532342,0001,272,336
October- 029,3997,554135,045322,9029,532- 0504,432
November- 0- 029,76212,746129,969- 07,937- 0180,414
December- 0- 056,4947,122127,5247,790- 0- 0198,930
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
Totals$4,676,574$233,327$198,783$148,508$820,753$669,535$46,568$342,114$7,136,162
% of Total65.53%3.27%2.79%2.08%11.50%9.38%0.65%4.79%
*Non-Operating Revenue includes advances in, and refund of prior year expenditures.rb010719
Expenditures
Cuyahoga Valley Career Center
Expenditure Analysis Report - General Operating Fund - FY19
2018-2019Other-Non-Total
SalariesBenefitsServicesSuppliesEquipmentIntergov.Dues/FeesOperating*Expenses
July559,587211,533160,23541,2133,95230,0002,465- 01,008,985
August873,187264,093207,65380,7502,72830,00077,301- 01,535,712
September577,106233,466135,04331,15824,405- 050,3091,161,4102,212,897
October568,686218,791157,52561,145- 0- 04,407- 01,010,554
November594,330215,237103,43653,239- 0- 01,526- 0967,768
December566,588229,73847,91821,938- 0- 010,355- 0876,537
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
TOTALS$3,739,484$1,372,858$811,810$289,443$31,085$60,000$146,363$1,161,410$7,612,453
% of Total49.12%18.03%10.66%3.80%0.41%0.79%1.92%15.26%
*Non-Operating expenses include advances and transfers out.
Operating Fund includes General Fund (001) only for FY2017rb010719
Cash
Cuyahoga Valley Career Center
December 31, 2018FINSUMM Financial Summary
rb010719
BeginningMonthlyFiscal YearMonthlyFiscal YearCurrentUnencumbered
FundFund NameBalanceReceiptsTo DateExpendituresTo DateFund CurrentFund
7/1/18ReceiptsExpendituresBalanceEncumbrancesBalance
001General Fund$16,773,326.17$198,930.86$7,136,162.17$876,536.04$7,612,451.57$16,297,036.77$795,101.93$15,501,934.84
003Permanent Improvement$1,022,691.70$0.00$700,000.00$40,344.58$330,433.361,392,258.34$227,668.461,164,589.88
006Food Service$27,280.65$9,843.46$72,929.56$11,157.53$83,277.7616,932.45$26,511.35(9,578.90)
008Endowment$111,151.35$63.04$1,012.85$0.00$7,000.00105,164.20$576.66104,587.54
009Uniform School Supplies($7,839.10)$0.00$125,016.10$3,528.60$94,395.4622,781.54$15,633.997,147.55
011Rotary-Special Services$101,874.53$4,819.22$14,398.40$2,688.79$11,043.35105,229.58$13,149.6292,079.96
012Adult Education$179,777.10$178,779.50$1,124,599.93$108,226.61$972,721.14331,655.89$16,566.48315,089.41
018Public School Support$223,265.48$2,762.71$38,048.55$1,842.43$58,432.68202,881.35$12,649.48190,231.87
019Other Grants$54,352.28$0.00$0.00$0.00$4,537.6349,814.65$0.0049,814.65
022District Agency$7,793.21$159,031.02$640,796.53$162,535.31$663,730.05(15,140.31)$0.00(15,140.31)
200Student Managed Activity$56,762.89$1,939.82$128,772.81$8,758.50$81,294.90104,240.80$5,376.8898,863.92
451Data Communications$0.00$0.00$900.00$0.00$900.000.00$0.000.00
461Vocational Education Enhancements$2,068.18$0.00$0.00$0.00$2,068.180.00$0.000.00
499Miscellaneous State Grants$0.00$0.00$2,500.00$0.00$0.002,500.00$0.002,500.00
524Carl Perkins Grants($10,719.04)$0.00$131,408.34$35,611.26$158,280.39(37,591.09)$36,390.00(73,981.09)
Grand Totals (ALL Funds)$18,541,785.40$556,169.63$10,116,545.24$1,251,229.65$10,080,566.47$18,577,764.17$1,149,624.85$17,428,139.32
Acceptance
Cuyahoga Valley Career Center
Approved Funds for 2018/2019
This report is a listing of all grant funds authorized and/or received throughout the 2018/2019 fiscal year.
AuthorizedMonthlyAmountAmount
FundDescriptionAmountAmountReceivedReceived
ReceivedFY-to-dateProject-to-date
State Grants
451/9019Network Connectivity Subsidy FY19$1,800.00$0.00$900.00$900.00
461/9019High Schools That Work FY19$0.00$0.00$0.00$0.00
499/9019Safety Grant FY19$2,500.00$0.00$2,500.00$2,500.00
Total State Funds$4,300.00$0.00$3,400.00$3,400.00
Federal Grants
524/9018Carl D. Perkins Secondary FY18$300,696.85$0.00$31,341.83$300,696.85
524/9019Carl D. Perkins Secondary FY19$305,192.32$0.00$47,599.10$47,599.10
524/9118Carl D. Perkins Adult FY18$94,528.61$0.00$45,452.94$94,528.61
524/9119Carl D. Perkins Adult FY19$68,281.44$0.00$7,014.47$7,014.47
Total Federal Funds$768,699.22$0.00$131,408.34$449,839.03
rb010719
0
Advances
Cuyahoga Valley Career Center
Record of Advances for 2018/2019
I N I T I A L A D V A N C E I N F O R M A T I O NADVANCE RETURN
DateFROMTO FundDate
ApprovedFundFundNameAmountReturnedAmount
8/24/17001006/0000Food Services$25,000.009/11/18$25,000.00
8/24/17001009/0000Uniform School$35,000.009/11/18$35,000.00
Supplies
8/24/17001012/0000Adult Education$200,000.009/11/18$200,000.00
8/24/17001022/9004Section 125 - $32,000.009/11/18$32,000.00
CVFT
8/24/17001200/960AStudent$50,000.009/11/18$50,000.00
Leadership
8/30/18001006/0000Food Services$25,000.00
8/30/18001009/0000Uniform School$50,000.00
Supplies
8/30/18001012/0000Adult Education$200,000.00
8/30/18001022/9004Section 125 -$32,000.00
CVFT
8/30/18001200/960AStudent$50,000.00
Leadership
TOTAL Advances for 2018-2019$699,000.00$342,000.00
Advances Outstanding$357,000.00
rb010719
Recon
Cuyahoga Valley Career Center
Cash Reconciliation
December 31, 2018
FINSUM Balance$ 18,577,764.17
Bank Balance:
PNC Main Checking365,206.25
PNC - Merchant Svcs.909.79
PNC - Payroll Holding80,000.00
$ 446,116.04
Investments:
U.S. Bank: Meeder Investment Managers Managed Portfolio15,587,382.53
STAR Ohio2,525,899.82
STAR Plus20,919.55
$ 18,134,201.90
Petty Cash:
Administrative Office1,500.00
- 0
- 0
$ 1,500.00
Change Fund:
- 0
- 0
- 0
- 0
$ - 0
Less: Outstanding Checks$ (18,189.63)
Outstanding Deposits/Other Adjustments:
Credit Card Receipts in Transit450.00
Payroll Account insurance transfer in transit13,685.86
- 0
- 0
$ 14,135.86
Bank Balance$ 18,577,764.17
Variance$ - 0
rb010719
APPSUM
Cuyahoga Valley Career Center
December 31, 2018Appropriation Summary
rb010719
Prior FYFYTDMTDFYTDFYTD
FYTDCarryoverFYTDActualActualCurrentUnencumberedPercent
FundAppropriatedEncumbrancesExpendableExpendituresExpendituresEncumbrancesBalanceExp/Enc
001General Fund$14,364,984.00$298,258.94$14,663,242.94$7,612,451.57$876,536.04$795,101.936,255,689.4457.34%
003Permanent Improvement$1,100,000.00$177,667.59$1,277,667.59$330,433.36$40,344.58$227,668.46719,565.7743.68%
006Food Service$129,230.00$0.00$129,230.00$83,277.76$11,157.53$26,511.3519,440.8984.96%
008Endowment$15,000.00$576.66$15,576.66$7,000.00$0.00$576.668,000.0048.64%
009Uniform School Supplies$85,345.00$13,500.00$98,845.00$94,395.46$3,528.60$15,633.99(11,184.45)111.32%
011Rotary-Special Services$56,370.00$2,883.97$59,253.97$11,043.35$2,688.79$13,149.6235,061.0040.83%
012Adult Education$1,578,378.15$13,291.77$1,591,669.92$972,721.14$108,226.61$16,566.48602,382.3062.15%
018Public School Support$166,190.00$5,075.49$171,265.49$58,432.68$1,842.43$12,649.48100,183.3341.50%
019Other Grants$43,852.28$0.00$43,852.28$4,537.63$0.00$0.0039,314.6510.35%
022District Agency$1,012,343.00$0.00$1,012,343.00$663,730.05$162,535.31$0.00348,612.9565.56%
200Student Managed Activity$130,700.00$1,080.23$131,780.23$81,294.90$8,758.50$5,376.8845,108.4565.77%
451Data Communications$1,800.00$0.00$1,800.00$900.00$0.00$0.00900.0050.00%
461Vocational Education Enhancements$5,468.18$600.00$6,068.18$2,068.18$0.00$0.004,000.0034.08%
499Miscellaneous State Grants$0.00$0.00$0.00$0.00$0.00$0.000.00ERROR:#DIV/0!
524Carl Perkins Grants$373,473.78$66,075.71$439,549.49$158,280.39$35,611.26$36,390.00244,879.1044.29%
Totals$19,063,134.39$579,010.36$19,642,144.75$10,080,566.47$1,251,229.65$1,149,624.85$8,411,953.4357.17%
Checks
Cuyahoga Valley Career Center
Check Register for Checks > $4,999.99
December 2018
VendorAmountFundDescription
CVCC-AE Federal Disburse$ 138,585.38022Adult Education tuition from federal grants/loans
Dell Marketing L.P.$ 6,587.20003Replacement desktop computers
Ohio Graphic Inc.$ 24,328.15003/524Graphic Imaging program equipment (paper slitter/cutter/creaser and folding machine)
Gordon Food Service$ 6,265.48001/006/011Supplies for food services, culinary arts, and catering
GPD Group$ 21,972.82003Architectural/engineering services
Julian & Grube, Inc.$ 8,600.00001Audit FY18
Ohio Bureau of Workers' Compensation$ 12,252.00variousWorkers' compensation premium
PNC Bank$ 340,797.64variousPayroll #1
SERS$ 21,612.44variousClassified retirement contributions-Payroll #1
STRS$ 37,113.05variousCertified retirement contributions-Payroll #1
PNC Bank$ 5,893.08variousMedicare contributions-Payroll #1
PNC Bank$ 322,950.73variousPayroll #2
SERS$ 17,686.23variousClassified retirement contributions-Payroll #2
STRS$ 37,210.53variousCertified retirement contributions-Payroll #2
PNC Bank$ 5,767.95variousMedicare contributions-Payroll #2
Suburban Health Consortium$ 125,692.29variousEmployee benefits insurance premiums
rb010719
Sheet1
rb010719
Beginning Monthly Fiscal Year Monthly Fiscal Year Current UnencumberedFund Fund Name Balance Receipts To Date Expenditures To Date Fund Current Fund
7/1/2018 Receipts Expenditures Balance Encumbrances Balance001 General Fund $16,773,326.17 $198,930.86 $7,136,162.17 $876,536.04 $7,612,451.57 $16,297,036.77 $795,101.93 $15,501,934.84003 Permanent Improvement $1,022,691.70 $0.00 $700,000.00 $40,344.58 $330,433.36 1,392,258.34 $227,668.46 1,164,589.88006 Food Service $27,280.65 $9,843.46 $72,929.56 $11,157.53 $83,277.76 16,932.45 $26,511.35 (9,578.90)008 Endowment $111,151.35 $63.04 $1,012.85 $0.00 $7,000.00 105,164.20 $576.66 104,587.54009 Uniform School Supplies ($7,839.10) $0.00 $125,016.10 $3,528.60 $94,395.46 22,781.54 $15,633.99 7,147.55011 Rotary-Special Services $101,874.53 $4,819.22 $14,398.40 $2,688.79 $11,043.35 105,229.58 $13,149.62 92,079.96012 Adult Education $179,777.10 $178,779.50 $1,124,599.93 $108,226.61 $972,721.14 331,655.89 $16,566.48 315,089.41018 Public School Support $223,265.48 $2,762.71 $38,048.55 $1,842.43 $58,432.68 202,881.35 $12,649.48 190,231.87019 Other Grants $54,352.28 $0.00 $0.00 $0.00 $4,537.63 49,814.65 $0.00 49,814.65022 District Agency $7,793.21 $159,031.02 $640,796.53 $162,535.31 $663,730.05 (15,140.31) $0.00 (15,140.31)200 Student Managed Activity $56,762.89 $1,939.82 $128,772.81 $8,758.50 $81,294.90 104,240.80 $5,376.88 98,863.92451 Data Communications $0.00 $0.00 $900.00 $0.00 $900.00 0.00 $0.00 0.00461 Vocational Education Enhancements $2,068.18 $0.00 $0.00 $0.00 $2,068.18 0.00 $0.00 0.00499 Miscellaneous State Grants $0.00 $0.00 $2,500.00 $0.00 $0.00 2,500.00 $0.00 2,500.00524 Carl Perkins Grants ($10,719.04) $0.00 $131,408.34 $35,611.26 $158,280.39 (37,591.09) $36,390.00 (73,981.09)
Grand Totals (ALL Funds) $18,541,785.40 $556,169.63 $10,116,545.24 $1,251,229.65 $10,080,566.47 $18,577,764.17 $1,149,624.85 $17,428,139.32
Cuyahoga Valley Career Center
FINSUMM Financial SummaryDecember 31, 2018
FCST Comp Month
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund - December 2018
December 2018 FCST EstimateDecember 2018 ActualsDecember 2017 ActualsVariance-December 2018 Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ - 0$ - 0$ - 0$ - 0
1.020 - Public Utility Personal Property Tax$ - 0$ - 0$ - 0$ - 0
1.035 - Unrestricted Grants-in-Aid$ 128,753$ 127,524$ 127,399$ (1,229)
1.040 - Restricted Grants-in-Aid$ 9,539$ 7,790$ 11,425$ (1,749)
1.050 - Property Tax Allocation$ - 0$ - 0$ - 0$ - 0
1.060 - All Other Operating Revenues$ 10,000$ 63,616$ 11,588$ 53,616timing of receipt of interest earnings compared to prior fiscal years
1.070 - Total Revenue$ 148,292$ 198,930$ 150,412$ 50,638
Other Financing Sources:
2.050 - Advances In$ - 0$ - 0$ - 0$ - 0
2.060 - All Other Financing Sources$ 110$ - 0$ - 0$ (110)
2.080 Total Revenue and Other Financing Sources$ 148,402$ 198,930$ 150,412$ 50,528
Expenditures:
3.010 - Personnel Services$ 556,321$ 566,588$ 551,006$ (10,267)timing of salary payments in FY19 vs prior fiscal years
3.020 - Employees' Retirement/Insur. Benefits$ 236,172$ 229,738$ 236,966$ 6,434
3.030 - Purchased Services$ 95,000$ 47,918$ 106,876$ 47,082timing of FY19 expenditures vs estimates based on historical trends, budgets are set and not exceeded
3.040 - Supplies and Materials$ 30,000$ 21,938$ 17,705$ 8,062
3.050 - Capital Outlay$ 5,000$ - 0$ 44,119$ 5,000
3.060 - Intergovernmental$ - 0$ - 0$ - 0$ - 0
4.300 - Other Objects$ 6,092$ 10,355$ 1,720$ (4,263)
4.500 - Total Expenditures$ 928,585$ 876,537$ 958,392$ 52,048
Other Financing Uses:
5.010 - Operating Transfers-Out$ - 0$ - 0$ - 0$ - 0
5.020 - Advances Out$ - 0$ - 0$ - 0$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 928,585$ 876,537$ 958,447$ 52,048
Surplus/(Deficit) for Month$ (780,183)$ (677,607)$ (808,035)$ 102,576
rb010719
FCST Comp FYTD
Cuyahoga Valley Career Center
Forecast Comparison - General Operating Fund -December 2018
Current FYTD FCST EstimateCurrent FYTD ActualsPrior FYTD ActualsVariance-Current FYTD Actuals to EstimateExplanation of Variance
Revenue:
1.010 - General Property Tax (Real Estate)$ 4,676,574$ 4,676,574$ 4,684,718$ - 0
1.020 - Public Utility Personal Property Tax$ 233,327$ 233,327$ 220,843$ - 0
1.035 - Unrestricted Grants-in-Aid$ 814,474$ 820,753$ 817,617$ 6,279
1.040 - Restricted Grants-in-Aid$ 58,204$ 54,358$ 56,944$ (3,846)
1.050 - Property Tax Allocation$ 658,843$ 661,745$ 638,820$ 2,902
1.060 - All Other Operating Revenues$ 274,214$ 347,291$ 274,727$ 73,077timing of receipt of interest earnings and TIF payments in lieu of taxes compared to prior fiscal years, interest rates continuing to increase for investments
1.070 - Total Revenue$ 6,715,636$ 6,794,048$ 6,693,669$ 78,412
Other Financing Sources:
2.050 - Advances In$ 342,000$ 342,000$ 332,000$ - 0
2.060 - All Other Financing Sources$ 444$ 114$ 1,000$ (330)
2.080 Total Revenue and Other Financing Sources$ 7,058,080$ 7,136,162$ 7,026,669$ 78,082
Expenditures:
3.010 - Personnel Services$ 3,631,020$ 3,739,484$ 3,630,546$ (108,464)timing of salary payments in FY19 vs prior fiscal years, increased severance costs for retired/resigned employees
3.020 - Employees' Retirement/Insur. Benefits$ 1,388,574$ 1,372,858$ 1,286,632$ 15,716timing of FY19 expenditures vs estimates based on historical trends
3.030 - Purchased Services$ 852,931$ 811,810$ 956,736$ 41,121timing of FY19 expenditures vs estimates based on historical trends
3.040 - Supplies and Materials$ 303,121$ 289,443$ 271,576$ 13,678timing of FY19 expenditures vs estimates based on historical trends
3.050 - Capital Outlay$ 36,085$ 31,085$ 55,412$ 5,000
3.060 - Intergovernmental$ 90,000$ 60,000$ 27,897$ 30,000timing of FY19 expenditures vs estimates based on historical trends
4.300 - Other Objects$ 165,921$ 146,363$ 146,433$ 19,558timing of FY19 expenditures vs estimates based on historical trends
4.500 - Total Expenditures$ 6,467,652$ 6,451,043$ 6,375,232$ 16,609
Other Financing Uses:
5.010 - Operating Transfers-Out$ 804,410$ 804,410$ 808,976$ - 0
5.020 - Advances Out$ 357,000$ 357,000$ 342,000$ - 0
5.030 - All Other Financing Uses$ - 0$ - 0$ 55$ - 0
5.050 - Total Expenditures and Other Financing Uses$ 7,629,062$ 7,612,453$ 7,526,263$ 16,609
Surplus/(Deficit) FYTD$ (570,982)$ (476,291)$ (499,594)$ 94,691
rb010719
Revenue
Cuyahoga Valley Career Center
Revenue Analysis Report - General Operating Fund Only - FY19
Local RevenueState Revenue
TaxesUnrestrictedProperty Restricted
2018 - 2019RealPersonalOtherGrants- TaxGrants-Non-Total
EstatePropertyInterestLocalin-AidAllocationin-AidOperating*Revenue
July2,821,252- 016,42833,532143,938- 09,782603,024,992
August1,561,675147,12038,11245,696152,616- 09,785541,955,058
- 0
September293,64786,20728,58841,858131,661338,8439,532342,0001,272,336
October- 029,3997,554135,045322,9029,532- 0504,432
November- 0- 029,76212,746129,969- 07,937- 0180,414
December- 0- 056,4947,122127,5247,790- 0- 0198,930
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
Totals$4,676,574$233,327$198,783$148,508$820,753$669,535$46,568$342,114$7,136,162
% of Total65.53%3.27%2.79%2.08%11.50%9.38%0.65%4.79%
*Non-Operating Revenue includes advances in, and refund of prior year expenditures.rb010719
Expenditures
Cuyahoga Valley Career Center
Expenditure Analysis Report - General Operating Fund - FY19
2018-2019Other-Non-Total
SalariesBenefitsServicesSuppliesEquipmentIntergov.Dues/FeesOperating*Expenses
July559,587211,533160,23541,2133,95230,0002,465- 01,008,985
August873,187264,093207,65380,7502,72830,00077,301- 01,535,712
September577,106233,466135,04331,15824,405- 050,3091,161,4102,212,897
October568,686218,791157,52561,145- 0- 04,407- 01,010,554
November594,330215,237103,43653,239- 0- 01,526- 0967,768
December566,588229,73847,91821,938- 0- 010,355- 0876,537
January- 0- 0- 0- 0- 0- 0- 0- 0- 0
February- 0- 0- 0- 0- 0- 0- 0- 0- 0
March- 0- 0- 0- 0- 0- 0- 0- 0- 0
April- 0- 0- 0- 0- 0- 0- 0- 0- 0
May- 0- 0- 0- 0- 0- 0- 0- 0- 0
June- 0- 0- 0- 0- 0- 0- 0- 0- 0
TOTALS$3,739,484$1,372,858$811,810$289,443$31,085$60,000$146,363$1,161,410$7,612,453
% of Total49.12%18.03%10.66%3.80%0.41%0.79%1.92%15.26%
*Non-Operating expenses include advances and transfers out.
Operating Fund includes General Fund (001) only for FY2017rb010719
Cash
Cuyahoga Valley Career Center
December 31, 2018FINSUMM Financial Summary
rb010719
BeginningMonthlyFiscal YearMonthlyFiscal YearCurrentUnencumbered
FundFund NameBalanceReceiptsTo DateExpendituresTo DateFund CurrentFund
7/1/18ReceiptsExpendituresBalanceEncumbrancesBalance
001General Fund$16,773,326.17$198,930.86$7,136,162.17$876,536.04$7,612,451.57$16,297,036.77$795,101.93$15,501,934.84
003Permanent Improvement$1,022,691.70$0.00$700,000.00$40,344.58$330,433.361,392,258.34$227,668.461,164,589.88
006Food Service$27,280.65$9,843.46$72,929.56$11,157.53$83,277.7616,932.45$26,511.35(9,578.90)
008Endowment$111,151.35$63.04$1,012.85$0.00$7,000.00105,164.20$576.66104,587.54
009Uniform School Supplies($7,839.10)$0.00$125,016.10$3,528.60$94,395.4622,781.54$15,633.997,147.55
011Rotary-Special Services$101,874.53$4,819.22$14,398.40$2,688.79$11,043.35105,229.58$13,149.6292,079.96
012Adult Education$179,777.10$178,779.50$1,124,599.93$108,226.61$972,721.14331,655.89$16,566.48315,089.41
018Public School Support$223,265.48$2,762.71$38,048.55$1,842.43$58,432.68202,881.35$12,649.48190,231.87
019Other Grants$54,352.28$0.00$0.00$0.00$4,537.6349,814.65$0.0049,814.65
022District Agency$7,793.21$159,031.02$640,796.53$162,535.31$663,730.05(15,140.31)$0.00(15,140.31)
200Student Managed Activity$56,762.89$1,939.82$128,772.81$8,758.50$81,294.90104,240.80$5,376.8898,863.92
451Data Communications$0.00$0.00$900.00$0.00$900.000.00$0.000.00
461Vocational Education Enhancements$2,068.18$0.00$0.00$0.00$2,068.180.00$0.000.00
499Miscellaneous State Grants$0.00$0.00$2,500.00$0.00$0.002,500.00$0.002,500.00
524Carl Perkins Grants($10,719.04)$0.00$131,408.34$35,611.26$158,280.39(37,591.09)$36,390.00(73,981.09)
Grand Totals (ALL Funds)$18,541,785.40$556,169.63$10,116,545.24$1,251,229.65$10,080,566.47$18,577,764.17$1,149,624.85$17,428,139.32
Acceptance
Cuyahoga Valley Career Center
Approved Funds for 2018/2019
This report is a listing of all grant funds authorized and/or received throughout the 2018/2019 fiscal year.
AuthorizedMonthlyAmountAmount
FundDescriptionAmountAmountReceivedReceived
ReceivedFY-to-dateProject-to-date
State Grants
451/9019Network Connectivity Subsidy FY19$1,800.00$0.00$900.00$900.00
461/9019High Schools That Work FY19$0.00$0.00$0.00$0.00
499/9019Safety Grant FY19$2,500.00$0.00$2,500.00$2,500.00
Total State Funds$4,300.00$0.00$3,400.00$3,400.00
Federal Grants
524/9018Carl D. Perkins Secondary FY18$300,696.85$0.00$31,341.83$300,696.85
524/9019Carl D. Perkins Secondary FY19$305,192.32$0.00$47,599.10$47,599.10
524/9118Carl D. Perkins Adult FY18$94,528.61$0.00$45,452.94$94,528.61
524/9119Carl D. Perkins Adult FY19$68,281.44$0.00$7,014.47$7,014.47
Total Federal Funds$768,699.22$0.00$131,408.34$449,839.03
rb010719
0
Advances
Cuyahoga Valley Career Center
Record of Advances for 2018/2019
I N I T I A L A D V A N C E I N F O R M A T I O NADVANCE RETURN
DateFROMTO FundDate
ApprovedFundFundNameAmountReturnedAmount
8/24/17001006/0000Food Services$25,000.009/11/18$25,000.00
8/24/17001009/0000Uniform School$35,000.009/11/18$35,000.00
Supplies
8/24/17001012/0000Adult Education$200,000.009/11/18$200,000.00
8/24/17001022/9004Section 125 - $32,000.009/11/18$32,000.00
CVFT
8/24/17001200/960AStudent$50,000.009/11/18$50,000.00
Leadership
8/30/18001006/0000Food Services$25,000.00
8/30/18001009/0000Uniform School$50,000.00
Supplies
8/30/18001012/0000Adult Education$200,000.00
8/30/18001022/9004Section 125 -$32,000.00
CVFT
8/30/18001200/960AStudent$50,000.00
Leadership
TOTAL Advances for 2018-2019$699,000.00$342,000.00
Advances Outstanding$357,000.00
rb010719
Recon
Cuyahoga Valley Career Center
Cash Reconciliation
December 31, 2018
FINSUM Balance$ 18,577,764.17
Bank Balance:
PNC Main Checking365,206.25
PNC - Merchant Svcs.909.79
PNC - Payroll Holding80,000.00
$ 446,116.04
Investments:
U.S. Bank: Meeder Investment Managers Managed Portfolio15,587,382.53
STAR Ohio2,525,899.82
STAR Plus20,919.55
$ 18,134,201.90
Petty Cash:
Administrative Office1,500.00
- 0
- 0
$ 1,500.00
Change Fund:
- 0
- 0
- 0
- 0
$ - 0
Less: Outstanding Checks$ (18,189.63)
Outstanding Deposits/Other Adjustments:
Credit Card Receipts in Transit450.00
Payroll Account insurance transfer in transit13,685.86
- 0
- 0
$ 14,135.86
Bank Balance$ 18,577,764.17
Variance$ - 0
rb010719
APPSUM
Cuyahoga Valley Career Center
December 31, 2018Appropriation Summary
rb010719
Prior FYFYTDMTDFYTDFYTD
FYTDCarryoverFYTDActualActualCurrentUnencumberedPercent
FundAppropriatedEncumbrancesExpendableExpendituresExpendituresEncumbrancesBalance