FISCAL YEAR 2006-2007 Financial Report June 2007 Year To Date

FISCAL YEAR 2006-2007

Financial Report June 2007 Year To Date

Saint Louis Public SchoolsFY 2006-2007

June 2007General Operating Funds

in thousands

(A) (B) (C) (B-C)

APPROVED BUDGET 2006-07 (7/18/06)

AMENDED BUDGET 2006-07

ACTUAL JUNE YTD VARIANCE

Beginning Fund Balance (26,661)$ (24,915)$ (24,915)$

Local Revenues 206,974 207,939 211,355 3,416 County Revenues 2,822 2,822 3,317 496 State Revenues 168,931 169,531 175,419 5,889 Federal Revenues 6,615 7,815 6,548 (1,267)

Gross Revenues 385,341$ 388,107$ 396,640$ 8,534 Charter Schools (34,960)$ (37,200)$ (42,776)$ (5,576) Net Revenues 350,381$ 350,907$ 353,864$ 2,958

Salary & Benefit Expenditures:Regular Salaries 173,546$ 163,826$ 161,211$ 2,615$ Temporary / Overtime 9,087 12,179 12,691 (512)$ Benefits 59,112 55,325 54,728 597$

Salary & Benefit Expenditures 241,745$ 231,330$ 228,630$ 2,701$

Non-Payroll Expenditures:Purchased/Professional Services 44,898$ 45,333$ 45,269$ 65$ Property Services 16,284 18,051 17,390$ 660$ Contracted Transportation 22,315 34,675 33,714$ 961$ Operational Expenditures 20,407 20,062 16,563$ 3,498$ Debt Obligations 1,284 1,293 1,293$ 0$

Non-Payroll Expenditures 105,189$ 119,415$ 114,230$ 5,185$ Total Expenditures 346,934$ 350,745$ 342,860$ 7,886$

Net Add. / (Depletion) of Reserves 3,447$ 161$ 11,005$

Transfer from Trust & Agency 769$

Ending Fund Balance - GOB (1) (23,214)$ (24,753)$ (13,141)$ 1. Ending Fund Balances are unaudited.2. Variances due to rounding

APPROVED ACTUAL

ACTUALS ANNUAL BUDGET AMENDED JUNEOBJ DESCRIPTION 2005-06 2006-07 BUDGET Y-T-D REMAINING

6111 Administrators Salaries Certificated 16,115,905$ 16,577,683$ 15,786,504$ 16,315,736$ (529,232)$ 6112 Classroom Teachers Salary 103,225,702 112,442,617 105,809,258 103,103,185 2,706,073 6113 Support Services 17,342,387 16,293,358 20,458,527 20,086,339 372,188 6114 Continuing Subs 3,916,972 - 2,095,626 2,495,745 (400,119) 6121 Administrators Salaries Non-Certificated 3,249,781 3,056,407 2,518,820 2,578,114 (59,294) 6122 Secretarial and Clerical 6,164,236 7,178,454 6,130,282 5,978,476 151,806 6123 Professional and Technical Salaries 5,480,071 6,338,904 2,228,529 2,232,697 (4,168) 6124 Teacher Aides 6,672,335 8,242,346 7,701,540 7,770,653 (69,113) 6125 Security & Custodial Salaries 4,480,599 3,416,576 3,192,579 3,146,048 46,531 6142 Regular Teachers Performing Subs 250,762 - 225,297 239,771 (14,474) 6143 Extra Service Payments 1,957,480 2,123,173 2,444,479 1,732,567 711,912 6144 Sub Teachers 4,459,635 2,366,000 3,109,824 3,638,105 (528,281) 6146 Sub Clerk 177,079 - 21,582 118,287 (96,705) 6148 Inservice Payments 24,300 1,500 36,119 35,386 733 6149 Temp Salaries NOC 983,390 4,600 678,362 635,272 43,090 6162 Secre/Clerical Sal OT 80,601 157,132 94,166 74,133 20,033 6163 Prof & Tech Salaries OT 10,230 8,000 20,000 19,803 197 6164 Teacher Aides OT 54,045 35,406 47,266 78,957 (31,691) 6165 Security / Cust Sal OT 448,732 420,000 418,000 568,796 (150,796) 6181 Teachers-Summer (Certificated) 3,504,398 3,500,000 2,523,401 2,580,678 (57,277) 6182 Admin-Summer (Certificated) 280,272 53,000 51,631 51,631 - 6183 Non-Certificated Salary-Summer 582,690 418,000 413,339 421,544 (8,205) 6211 Retirement 17,737,962 16,273,190 16,275,192 17,046,875 (771,683) 6231 FICA 13,337,859 13,966,026 13,977,606 13,024,603 953,003 6241 Medical 17,231,143 20,204,483 17,305,132 17,266,419 38,713 6242 Dental 999,719 1,252,199 985,549 983,588 1,961 6243 Life 336,471 495,805 304,158 302,461 1,697 6244 Vision 74,148 86,547 74,303 73,756 547 6245 ST Disability 642,320 928,697 1,128,856 1,166,805 (37,949) 6246 LT Disability 198,193 928,697 322,662 354,088 (31,426) 6261 Workers Compensation 6,457,996 4,929,189 4,930,849 4,493,851 436,998 6291 EAP 33,540 47,423 21,009 15,512 5,497 6311 Tuition Service 3,687,190 11,780,889 8,459,463 9,345,336 (885,873) 6312 Professional Ed Services 29,170 31,000 58,224 53,008 5,216 6315 Auditors & Accountants Svc 167,315 249,393 202,000 171,800 30,200 6318 Legal Services 2,219,792 1,800,000 2,897,096 2,859,219 37,877 6319 Other Professional and Technical 30,699,964 31,036,688 33,716,541 32,839,147 877,394 6324 Water Service 384,084 362,000 362,000 303,455 58,545 6325 Sewer Service 606,212 602,000 602,000 561,995 40,005 6331 Cleaning Services 304 - - - - 6333 Contracted Repairs 5,723,781 3,879,016 6,240,003 6,236,339 3,664 6334 Rentals Equipment 17,273 16,300 20,815 9,819 10,996 6335 Rentals Land & Bldg 9,321 8,980 13,069 325 12,744

SAINT LOUIS PUBLIC SCHOOLSGENERAL OPERATING BUDGETS

BY OBJECT OF EXPENDITURE

APPROVED ACTUALACTUALS ANNUAL BUDGET AMENDED JUNE

OBJ DESCRIPTION 2005-06 2006-07 BUDGET Y-T-D REMAINING

6336 Property Services 667,901 780,000 786,844 780,723 6,121 6338 Repair Maintenance Other 917,372 781,984 616,126 389,435 226,691 6341 Contracted Transportation To-From School 26,146,194 20,739,620 32,571,030 32,116,031 454,999 6342 Other Contracted Pupil Transportation 415,128 573,252 565,479 363,801 201,678 6343 Contracted Transportation Sick & Other 43,679 892 892 - 892 6344 Contracted Transportation After School 515,074 450,000 1,025,349 1,025,349 - 6349 Other Transportation Bus Passes 2,063,405 551,458 512,619 208,895 303,724 6351 Property Including Boiler Insurance 657,032 671,429 767,259 767,259 - 6352 Employee Pers Liability Insurance 18,306 6,938 32,253 13,727 18,526 6353 Employee Fidelity Insurance 7,511 - 5,916 5,916 - 6354 Vehicle Insurance 121,218 70,000 29,368 39,232 (9,864) 6355 Athletic Insurance 76,650 80,000 80,000 72,650 7,350 6358 Licenses, Fees & Permits 304,141 1,020,393 547,321 518,620 28,701 6361 Telephone & Telegraph 758,831 538,818 1,669,653 1,655,849 13,804 6362 Advertising-Recruiting/Announce 175,385 148,159 143,036 46,883 96,153 6363 Printing & Binding 124,600 746,935 573,989 338,414 235,575 6364 Postage 177,170 264,271 305,782 210,982 94,800 6365 Printing-Central Budget 0 62,920 - - - 6381 Memberships & Dues 62,438 82,533 135,088 84,290 50,798 6383 Travel & Conference Expenses 142,325 118,797 445,996 255,977 190,019 6384 Meeting Expenses 143,005 101,158 266,404 117,096 149,308 6385 Vehicle Expense - - 17,150 12,495 4,655 6386 Mileage 48,177 89,648 89,283 39,493 49,790 6389 Transportation NOC - 127,964 87,370 1,662 85,708 6395 Field Trip Admission 23,245 30,961 22,321 1,338 20,983 6399 Other Unclassified 11,938 - 7,396 - 7,396 6411 General Supplies 2,852,234 3,669,060 3,488,221 2,306,479 1,181,742 6412 Standardized Tests 610,244 908,533 633,317 583,200 50,117 6414 Oper Suppl Job Cost 1,306,344 1,423,810 1,141,371 1,117,107 24,264 6415 Trophies/Awards 93,057 4,855 17,552 10,110 7,442 6417 Gas and Oil 50,130 76,446 92,146 53,103 39,043 6421 Textbooks Direct Purchase 1,922,787 4,419,919 4,491,966 4,282,573 209,393 6422 Workbook-Direct Purchase 1,343 1,850,568 714,971 62,842 652,129 6432 Library Books 424,217 50,475 198,358 166,697 31,661 6433 Periodicals 80,631 85,654 177,151 118,181 58,970 6441 Software-Microcomputer 332,144 644,059 655,160 614,651 40,509 6481 Textbooks-Warehouse 3,483,587 - - (54,173) 54,173 6483 Heating Service 6,454,816 4,800,000 4,032,811 3,961,253 71,558 6484 Electric Service 4,748,208 5,054,140 5,377,109 5,147,032 230,077 6485 Instructional Supplies 147 15,930 8,640 110 8,530 6486 Operational Supplies 1,798 - - - - 6492 Electrical & Electronics - - - - - 6541 Equipment 601,987 2,429,838 1,445,297 777,045 668,252 6546 Equipment/Lease Purchase 397,413 610,964 355,836 344,859 10,977 6611 Interest 146,341 124,127 124,817 124,597 220 6691 Redemption of Principal 1,052,012 1,159,765 1,168,672 1,168,671 1 6821 Subsidy to Other Funds 56,250 56,250 1,416,250 1,416,250 -

TOTALS 338,291,772$ 346,934,198$ 350,745,227$ 342,277,027$ 8,468,199$

SAINT LOUIS PUBLIC SCHOOLSGENERAL OPERATING BUDGETS

BY OBJECT OF EXPENDITURE

$187,236,890 53.4%

$59,926,945 17.1%

CHARTER SCHOOLS

$247,163,835 70.5% $35,257,265 10.1%

$20,713,876 5.9%

$47,610,251 13.6%

$37,200,000

CLASSIFIED AS REDUCTION TO REVENUE

SUBSIDY -FOOD

$735,000

BUDGET

$2,529,068 $510,963$10,971,122

TOTAL GOB EXPENDITURES

$350,745,227

SUBSIDY -CDA

$181,250

SUBSIDY -

PARENTS ASTEACHERS$500,000

$22,490,178 OBLIGATIONS

SALARIES & OPERATIONS /SERVICES SERVICES / DEBT $10,373,920 FRINGES SUPPLIES

BUILDING /FOOD & COMMUNITY

SERVICESPROFESSIONAL PROPERTY UTILITIES

FRINGES SERVICES LICENSE FEES PERMITS SUPPLIES$8,599,388 $7,367,167 $1,736,705 $3,010,616

INSTRUCTIONAL SUPPORT TOTALS TRANSPORTATION

ADMINISTRATION

SALARIES & PROFESSIONAL TELEPHONE OPERATIONS /

$30,207,525 $1,526,871 $1,961,974 $1,303,837 $24,426,738

INSTRUCTION /

SCHOOL

FRINGES DEVELOPMENT SERVICES SUPPLIES ADMINISTRATION

INSTRUCTIONALSUPPORT

SALARIES & PROFESSIONAL PROFESSIONAL OPERATIONS /

$162,300,028 MATERIALS $2,184,520 $1,927,511 $5,246,331$6,879,563

PROFESSIONAL OPERATIONS / ALTERNATIVEFRINGES $8,517,687 INSTRUCTIONAL SERVICES SUPPLIES EDUCATION

ST. LOUIS PUBLIC SCHOOLSGENERAL OPERATING EXPENDITURES

CURRENT BUDGETFISCAL YEAR 2006 - 2007

INSTRUCTION

SALARIES & TUITION TEXTBOOKS /

$185,440,352 54.1%

$59,501,673 17.4%

CHARTER SCHOOLS

$244,942,025 71.4% $34,210,264 10.0%

$15,946,561 4.7%

$47,760,691 13.9%

ST. LOUIS PUBLIC SCHOOLSGENERAL OPERATING BUDGET

ACTUAL EXPENDITURESFISCAL YEAR 2006 - 2007

INSTRUCTION

SALARIES & TUITION TEXTBOOKS / PROFESSIONAL OPERATIONS / ALTERNATIVE SUBSIDY -FRINGES $9,398,344 INSTRUCTIONAL SERVICES SUPPLIES EDUCATION CDA

$161,121,138 MATERIALS $2,184,520 $1,537,507 $5,243,513 $181,250

ADMINISTRATION PARENTS AS

$5,774,080


SALARIES & PROFESSIONAL OPERATIONS /

$30,232,653 $2,073,679 $2,060,926 $24,634,415 TEACHERS

SCHOOL SUBSIDY -

FRINGES SERVICES SUPPLIES

$500,000

INSTRUCTION /INSTRUCTIONAL SUPPORT TOTALS TRANSPORTATION

$42,776,006


ADMINISTRATION

SALARIES & PROFESSIONAL TELEPHONE OPERATIONS /FRINGES SERVICES LICENSE FEES PERMITS SUPPLIES

$6,551,933 $6,688,420 $1,694,273 $1,011,935


SERVICESPROFESSIONAL PROPERTY UTILITIES SALARIES & OPERATIONS /

$509,844 $1,317,514$10,647,377

SUBSIDY -SERVICES SERVICES / DEBT $9,973,735 FRINGES SUPPLIES FOOD

TOTAL GOB EXPENDITURESACTUAL

$342,859,541

$22,490,178 OBLIGATIONS $2,822,043

SALARIES & FRINGES

60%CHARTER SCHOOLS

10%

PROFESSIONAL SERVICES

9%

TRANSPORTATION8%

UTILITIES3%

PROPERTY SERVICES

2%

TUITION / PROF. ED SERVICES

2%

TEXTBOOKS / INSTRUCTIONAL

2% OPERATION-OFFICE

1%

SUPPLIES / EQUIPMENT

1%

CAPITAL1%


SPENDING SCHEDULEFY 2006 - 2007

SALARIES & FRINGES

CHARTER SCHOOLS


TRANSPORTATION

UTILITIES

PROPERTY SERVICES



OPERATION-OFFICE


CAPITAL

SALARIES & FRINGES59%

CHARTER SCHOOLS11%


9%

TRANSPORTATION9%

UTILITIES3%

PROPERTY SERVICES2%


2% TEXTBOOKS / INSTRUCTIONAL

2%

OPERATION-OFFICE1%


1%

CAPITAL1%


ACTUAL SPENDINGS FY 2006 - 2007 SALARIES & FRINGES

CHARTER SCHOOLS


TRANSPORTATION

UTILITIES

PROPERTY SERVICES



OPERATION-OFFICE


CAPITAL

-$20,000$0

$20,000$40,000$60,000$80,000

$100,000$120,000$140,000$160,000$180,000$200,000$220,000

BudgetActual

GENERAL OPERATING FUNDSBUDGET TO ACTUAL REVENUES

JUNE 2007In Thousands

Annual GOB Revenue Budget $350,907 June YTD Actual $354,688

$3,416

$496

$5,889

-$1,267 -$5,576

Local

Cou

nty

Stat

e

Fede

ral

Cha

rter

Scho

ols

$-

$30,000

$60,000

$90,000

$120,000

$150,000

$180,000

$210,000

BudgetActual

GENERAL OPERATING FUNDSBUDGET TO ACTUAL EXPENDITURE

JUNE 2007In Thousands

Annual GOB Expenditure Budget $350,745June YTD Actual $342,227

$2,701

$660 $961 $4,080

$0

$65

Sala

ries

&

Ben

efit

s

Pur

chas

ed S

ervi

ces

Pro

pert

ySe

rvic

es

Tra

nspo

rtat

ion

Ope

rati

onal

Exp

endi

ture

s

D

ebt

Obl

igat

ions

-$40,000

-$30,000

-$20,000

-$10,000

$0

GOB UNRESTRICTED FUND BALANCEIn Thousands

-$37,848

-$25,987-$24,915

-$13,141

FY 2004 FY 2005 FY 2006 FY 2007

Unaudited

Total Cash $160,133

General Operating Funds $25,267

Deseg Capital Settlement $50,181

Internal Service/Escrow $17,432

Capital Projects A/C 2006 $31,385

Capital Settlement Voc Ed $2,090

Debt Service $28,466

Fund 620 (Title I - V) $2,593

All Other Funds $2,719

St. Louis Public SchoolsSignificant Cash Balances

As of 6/30/07

US Bank 81,887,115$ 51.2%

UMB Bank 47,888,945$ 29.9%

Bank of America 19,379,972$ 12.1%

MOSIP (Mo. Securities Inv. Program) 5,000,000$ 3.1%

Wells Fargo (Debt Service trustee) 5,976,533$ 3.7%

Total Cash & Investments 160,132,565$ 100.0%

St. Louis Public SchoolsSummary of Cash and Investments

Held by Financial InstitutionsAs of 6/30/07In Thousands

St. Louis Public SchoolsProjected GOB Cash Balances

July 06 thru June 07

Mill

ions

Au

gu

st

Sep

tem

ber

Oct

ob

er

No

vem

ber

Dec

emb

er

Jan

uar

y

Feb

ruar

y

Mar

ch

Ap

ril

May

Jun

e

75

-20

0

20

40

60

80

Cash Balance23

3122

7

-7

15

7055

52

34

25

Debt Deseg Capital Capital Projects General &Service Settlement A/C 2006 Misc Accounts Totals

Federal National Mortgage Assn Securities (5.26%-5.29%) $4.8 $34.6 $17.8 $57.2

Federal Home Loan Mtg Disc Note (5.21%) $5.0 $5.0

MOSIP Pooled Investments (5.13%) $5.0 $5.0

Commercial Paper - G.E. Capital Corp. (5.32%-5.37%) $5.0 $5.0 $10.0

Collateralized Certificates of Deposit (5.25%-5.27%) $5.0 $10.0 $10.0 $15.0 $40.0

Cash (Earning 100% of Federal Funds Rate) $2.6 $0.6 $3.5 $2.0 $8.7

Cash (Earning 100% of Fed Fds Rt + 10 Basis Pts) $10.0 $10.0

Overnight Repurchase Agreements (100% of Fed Fds Rate) $18.1 $18.1

Guaranteed Investment Contracts $6.0 $6.0 Held by Trustee (Debt Service Intercept Program)

Total Cash & Investments $28.4 $50.2 $31.3 $50.1 $160.0

St. Louis Public SchoolsSummary of Invesments at Cost

As of 6/30/2007Expressed in Millions


June 2007Capital Funds

in thousands

(A) (B) (A-B)

APPROVED BUDGET 2006-07


Beginning Fund Balance 132,000$ 125,040$ -$

Local Revenues - 2,225 2,225 State Revenues 12,000 12,000 - Other Sources - - -

Gross Revenues 12,000$ 14,225$ 2,225$

Salary & Benefit Expenditures:Salaries 752$ 340$ 412$ Benefits 207 69 138

Salary & Benefit Expenditures 959$ 409$ 550$

Non-Payroll Expenditures:Purchased/Professional Services -$ -$ -$ Building Improvement 16,918$ 18,326$ (1,408) Operational Expenditures - - - Equipment - - - Debt Obligations - - -

Non-Payroll Expenditures 16,918$ 18,326$ (1,408)$ Total Expenditures 17,876$ 18,735$ (858)$

Net Add. / (Depletion) of Reserves (5,876)$ (4,510)$

Ending Fund Balance - Capital (1) 126,124$ 120,530$

1. Fund Balance - Deseg-$88M / AC-$32M2. Variances due to rounding3. Ending Fund Balances are unaudited


June 2007Debt Service

in thousands

(A) (B) (A-B)



Beginning Fund Balance 29,823$ 27,371$ 2,452$

Local Revenues 21,581 54,884 33,303 County Revenues 330 410 80 Other Sources - - -

Gross Revenues 21,911$ 55,294$ 33,383$

Non-Payroll Expenditures:Debt Obligations 53,163 53,163 (0)

Non-Payroll Expenditures 53,163$ 53,163$ (0)$ Total Expenditures 53,163$ 53,163$ (0)$

Net Add. / (Depletion) of Reserves (31,252)$ 2,131$

Ending Fund Balance-Debt Svc (1) (1,429)$ 29,502$ 1. Ending Fund Balances are unaudited.2. Variances due to rounding


June 2007Federal Funds

in thousands

(A) (B) (C) (B-C)




Beginning Fund Balance -$ 1,287$ 1,287$ -$

Local Revenues 1,000 1,000 1,316 316 State Revenues 4,200 4,200 3,910 (290) Federal Revenues 50,380 50,380 43,265 (7,115)

Gross Revenues 55,580$ 55,580$ 48,490$ (7,089)$ Charter Schools (2,700)$ (2,700)$ (2,945)$ (245) Net Revenues 52,880$ 52,880$ 45,545$ (7,333)$

Salary & Benefit Expenditures:Salaries 22,243$ 22,243$ 23,061$ (818)$ Benefits 6,913 6,913 7,370 (456)

Salary & Benefit Expenditures 29,157$ 29,157$ 30,431$ (1,274)$

Non-Payroll Expenditures:Purchased/Professional Services 14,180 14,180 10,794 3,385$ Operational Expenditures 8,570 8,570 5,587 2,983

Non-Payroll Expenditures 22,750$ 22,750$ 16,381$ 6,369$ Total Expenditures 51,906$ 51,906$ 46,812$ 5,095$

Net Add. / (Depletion) of Reserves 973$ 973$ (1,266)$

Transfer from GOB -$ 181$ 181$ -$

Ending Fund Balance - Federal (1) 973$ 2,442$ 202$ 1. Ending Fund Balances are unaudited.2. Variances due to rounding


June 2007Food Service

in thousands

(A) (B) (C) (B-C)

APPROVED BUDGET 2006-07 (7/18/07)



Beginning Fund Balance (735)$ (735)$ (735)$ -$

Local Revenues 1,267 1,267 1,139 (127) State Revenues - - 130 130 Federal Revenues 15,691 15,691 14,476 (1,215)

Gross Revenues 16,958$ 16,958 15,745$ (1,213)$ Charter Schools (1,950)$ (1,950) (1,894)$ 56$ Net Revenues 15,008$ 15,008 13,851$ (1,157)$

Salary & Benefit Expenditures:Salaries 75$ 75$ 175$ (100)$ Benefits 8 8 41 (33)

Salary & Benefit Expenditures 83$ 83$ 216$ (133)$

Non-Payroll Expenditures:Purchased/Professional Services 14,499 14,499 14,065 434 Supplies - - - - Equipment 126 126 124 - Debt Obligations - - - - Operational Expenditures 300 300 28 272

Non-Payroll Expenditures 14,925$ 14,925$ 14,217$ 707$ Total Expenditures 15,008$ 15,008$ 14,433$ 575$

Net Add. / (Depletion) of Reserves -$ -$ (583)$

Transfer from GOB -$ 735$ 1,317$

Ending Fund Balance-Food Svc (1) (735)$ -$ 1. Ending Fund Balances are unaudited.2. Variances due to rounding


June 2007Trust & Agency Funds

in thousands

(A) (B) (C) (B-C)




Beginning Fund Balance 3,268$ 3,532$ 3,532$ -$

Local Revenues 3,550 3,550 4,400 850 State Revenues 243 243 1,192 948 Other Sources - - - -

Gross Revenues 3,793$ 3,793$ 5,591$ 1,799$

Salary & Benefit Expenditures:Salaries 1,396$ 1,396$ 1,549$ (153)$ Benefits 485 485 509 (24)

Salary & Benefit Expenditures 1,881$ 1,881$ 2,058$ (177)$

Non-Payroll Expenditures:Purchased/Professional Services 765$ 765$ 644$ 120$ Supplies 122 122 230 (107) Equipment 162 162 13 149 Operational Expenditures - - - -

Non-Payroll Expenditures 1,049$ 1,049$ 887$ 162$ Total Expenditures 2,929$ 2,929$ 2,945$ (15)$

Net Add. / (Depletion) of Reserves 864$ 864$ 2,646$

Transfer from GOB -$ 500$ 500$ Transfer to GOB (769)$

Ending Fund Balance - Trust (1) 4,132$ 4,896$ 5,909$ 1. Ending Fund Balances are unaudited.2. Variances due to rounding

T u it io n S e rv ice P ro fes s io na l E d S vc A u d ito rs & A cc o u n ta n ts S vc L e g a l S erv ice O th e r P ro fe ss ion a l & T e c hn ic a l

P u rcha s ed /P ro fe ssio n a l S v cs

W a terS e w er

H e atingE le c tric

C o n trac te d R e p a irsR e p a ir & M a in ten a n ce

P ro p e rty S e rv ices

E q u ip m e nt R en ta lsL a n d & B ld g R en ta lsE n v iro n m e n ta l S vc

P ro p e rty S e rv ice

T o /F ro m S ch o o l F ie ld T rip sS ick & O th erA fte r S ch o o l

B u s P a sses

T ra nsp o rta tion

In su ra n ceL ice nce s /F e es

M e m b ersh ip s & D u esA d ve rtis in g /R e c ru itm e n t

T e lep ho neP o sta ge

P rin tin g & B ind ing

T ra ve l & C o n fe re n ce E xpV e h icle E xp e nse /M ile a ge

F ie ld T rip A d m iss io ns

G e ne ra l S u pp liesE q u ip m e n t/L e ases

S o ftw a re

T e x tbo o ks /W o rkb o o ksL ib ra ry B o o ks /P erio d ica ls

S ta nd a rd ize d T e s ts

O p era tion a l E xp en d itu res

In te re st R e d em p tio n o f P rinc ip a l

D e b t O b liga tio ns

BACKUP

$187,236,890 53.4%

TEACHERS TUITION SERVICE 8,459,463 TEXTBOOKS 4,491,966 KAPLAN 1,710,000PROF. ED SERVICES 58,224 WORKBOOKS 714,971 MAD SCIENCE 250,000

8,517,687 LIBRARY BOOKS 198,358 ATHLETICS 130,298PERIODICALS 177,151 SPECIAL SERVICES 38,948SOFTWARE 655,160 BILINGUAL 55,274STD. TESTS 633,317 OAK HILL / SPEC ED 0OTHER 8,640 2,184,520

6,879,563

$59,926,945 17.1%

COMPLIANCE PROGRAM 1,526,871 INFORMATION/TECHNOLOGY 808,328 EQUIPMENT 298,631

SOCIAL WORKERS, NURSES, SPECIAL ED 668,721 SUPPLIES 594,126

COUNSELORS, PSYCHOLOGISTS, COLLEGE SUMMIT 255,150 PRINTING 162,668

LIBRARY SERVICES, SCHOOL MEDIA, AP 0 TRAVEL / MEETING 153,336

CAREER EDUCATION, EARLY CHILDHOOD, SCHOOLS 6,978 MILEAGE 18,447

INFORMATION CENTER, RADIO STATION, ED OFFICER ACCOUNTS 128,318 OTHER EXPENSE 76,629

TEACHING AIDES, CURRICULUM SERVICES, ACCOUNTABILITY 55,000 1,303,837

STAFF DEVELOPMENT, VOCATIONAL ED COMMUNITY EDUCATION 28,979 ADJUSTMENT - PROF 160,414

VOCATIONAL / CAREER ED 9,500 ADJUSTMENT - OTH 1,148,447

OTHER 1,000 TOTALS 2,452,283.89

1,961,974 INSTR SUPPORT 1,584,109.00

218,010 ADM SCHOOLS 868,175.002,179,984 2,452,284.00

$247,163,835 70.5% $35,257,265 10.1%


$30,207,525 $1,526,871 1,961,974 $1,303,837

OPERATIONS /

FRINGES DEVELOPMENT SERVICES SUPPLIES

$6,879,563


SALARIES & PROFESSIONAL PROFESSIONAL

$162,300,028 MATERIALS $2,184,520

PROFESSIONALFRINGES $8,517,687 INSTRUCTIONAL SERVICES



INSTRUCTION

SALARIES & TUITION TEXTBOOKS /



SUPPLIES 1,366,640 SALARIES/FRINGES 2,786,905EQUIPMENT 428,623 PROF. SERVICES-ALT UNLIMITED 2,433,373POSTAGE 46,817 OPERATING / SUPPLIES 26,053TRAVEL / MEETING 10,504 5,246,331MEMBERSHIP & DUES 32,029OPERATIONS -OTHER 42,898

1,927,511

SALARIES:

CAO

ED OFFICERS

SCHOOL PRINCIPALS

ASST. PRINCIPALS

CHARTER SCHOOLS

$500,000

$37,200,000


$24,426,738 TEACHERS

SCHOOL SUBSIDY -

ADMINISTRATION PARENTS AS

CDA$1,927,511 $5,246,331 $181,250

OPERATIONS / ALTERNATIVE SUBSIDY -SUPPLIES EDUCATION

$20,713,876 5.9%

SUPERINTENDENT AUDITING 202,000DEPUTY SUPERINTENDENT LEGAL 2,897,096 LICENSE FEE PERMIT 524,406 SUPPLIES 1,145,301CHIEF FINANCIAL OFFICER HR CONTRACT 1,419,063 TELEPHONE 1,212,299 EQUIPMENT 570,526FINANCE DIVISION INFORM TECH CONTRACT 1,148,886 1,736,705 PRINTING 436,395HR-PAYROLL-PURCHASING CENTRAL DUPLICATING 872,069 POSTAGE 280,373INFORMATION & TECHNOLOGY DISTRICT LOBBIST 206,435 INSURANCE 176,227DEVELOPMENT OFFICER & SERVICE STUDENT ACCOUNTING 4,900 ADVERTISING 112,205PLANNING SERVICE BUDGET & PLANNING 608,210 TRAVEL / MEETING 146,654RESEARCH, EVALUATION, ASSESSMENT SUPERINTENDENT'S OFFICE 0 MEMBERSHIP DUES 83,536RECORD ROOM / CENTER - ACHIEVES OTHER CONTRACTS 8,508 OTHER 59,399STAFF SERVICES 7,367,167 3,010,616

STUDENT ACCOUNTING

INSURANCE

$47,610,251 13.6%

SODEXHO 21,846,292 CONTRACTED REPAIRS 6,240,003 WATER 362,000 BUILDING SERV. 1,012,312MOVING CONTRACT 572,463 PROPERTY SERVICES 786,844 SEWER 602,000 FOOD & COMM 1,515,756TELEPHONE SETUP 71,423 REPAIR MANIT 616,126 HEATING 4,032,811 2,528,068

22,490,178 PROPERTY BOILING INS. 767,259 ELECTRIC 5,377,109OPER. SUPPL. JOB COST 1,141,371 10,373,920CAPITAL - PRINCIPAL / INT 1,293,489OTHER 126,030

10,971,122

TOTAL GOB EXPENDITURESBUDGET

$350,745,227

$22,490,178 OBLIGATIONS $2,529,068$10,971,122

SERVICES SERVICES / DEBT $10,373,920 FRINGES

SERVICESPROFESSIONAL PROPERTY UTILITIES SALARIES &

$8,599,388 $7,367,167 $1,736,705 $3,010,616


ADMINISTRATION


LICENSE FEE PERMIT 3,022TELEPHONE 456,570ADVERTISING - JOB 6,315PRINTING 761MILEAGE 498TRAVEL / MEETING 7,362OTHER 1,042SUPPLIES / EQUIP 35,393

510,963

$510,963 $735,000

SUBSIDY -SUPPLIES FOOD

OPERATIONS /

$185,440,352 54.2%

TEACHERS TUITION SERVICE 9,345,336 TEXTBOOKS 4,228,400 KAPLAN 1,710,000PROF. ED SERVICES 53,008 WORKBOOKS 62,842 MAD SCIENCE 250,000

9,398,344 LIBRARY BOOKS 166,697 ATHLETICS 130,298PERIODICALS 118,181 SPECIAL SERVICES 38,948SOFTWARE 614,651 BILINGUAL 55,274STD. TESTS 583,200 OAK HILL / SPEC ED 0OTHER 109 2,184,520

5,774,080

$59,501,673 17.4%

SOCIAL WORKERS, NURSES, INFORMATION/TECHNOLOGY 808,328 EQUIPMENT 556,667 SALARIES:

COUNSELORS, PSYCHOLOGISTS, SPECIAL ED 562,417 SUPPLIES 942,803 CAO

LIBRARY SERVICES, SCHOOL MEDIA, PROFESSIONAL DEVELOP 218,010 PRINTING 162,668 ED OFFICERS

CAREER EDUCATION, EARLY CHILDHOOD, COLLEGE SUMMIT 255,150 TRAVEL / MEETING 305,408 SCHOOL PRINCIPALS

INFORMATION CENTER, RADIO STATION, ED OFFICER ACCOUNTS 128,318 MILEAGE 19,752 ASST. PRINCIPALS

TEACHING AIDES, CURRICULUM SERVICES, ACCOUNTABILITY 55,000 POSTAGE 24,402

STAFF DEVELOPMENT, VOCATIONAL ED OTHER 46,456 OTHER EXPENSE 49,226

2,073,679 2,060,926

$244,942,025 71.6% $34,210,264 10.0%



INSTRUCTION

SALARIES & TUITION TEXTBOOKS / PROFESSIONALFRINGES $9,398,344 INSTRUCTIONAL SERVICES

$161,121,138 MATERIALS $2,184,520$5,774,080


SALARIES & PROFESSIONAL OPERATIONS / SCHOOL

FRINGES SERVICES SUPPLIES ADMINISTRATION$30,232,653 $2,073,679 $2,060,926 $24,634,415




SUPPLIES 1,174,918 SALARIES/FRINGES 2,786,905EQUIPMENT 232,188 PROF. SERVICES-ALT UNLIMITED 2,433,368POSTAGE 46,817 OPERATING / SUPPLIES 23,240MEMBERSHIP 32,018 5,243,513OTHER 51,566

1,537,507

CHARTER SCHOOLS

OPERATIONS / ALTERNATIVE SUBSIDY -SUPPLIES EDUCATION CDA$1,537,507 $5,243,513 $181,250

SUBSIDY -

PARENTS ASTEACHERS$500,000

$42,776,006


$15,946,561 4.7%

SUPERINTENDENT AUDITING 171,800 TELEPHONE 1,198,495 SUPPLIES 149,971DEPUTY SUPERINTENDENT LEGAL 2,859,219 LICENSE FEE PERMITS 495,778 EQUIPMENT 323,636CHIEF FINANCIAL OFFICER HR CONTRACT 1,419,063 1,694,273 PRINTING 160,152FINANCE DIVISION INFOR TECH CONTRACT 1,148,886 POSTAGE 135,758HR-PAYROLL-PURCHASING CENTRAL DUPLICATING 872,069 INSURANCE 130,847INFORMATION & TECHNOLOGY DISTRICT LOBBIST 206,435 MEMBERSHIP DUES 33,887DEVELOPMENT OFFICER & SERVICE OTHER CONTRACTS 10,948 TRAVEL / MEETING 46,664PLANNING SERVICE 6,688,420 OTHER 31,020RESEARCH, EVALUATION, ASSESSMENT 1,011,935

RECORD ROOM / CENTER - ACHIEVES

STAFF SERVICES

STUDENT ACCOUNTING

INSURANCE

$47,760,691 13.9%

WATER 303,455 BUILDING SERV. 1,306,287SODEXHO 21,846,292 CONTRACTED REPAIRS 6,236,339 SEWER 561,995 FOOD & COMM 1,515,756MOVING CONTRACT 572,463 PROPERTY SERVICES 780,723 HEATING 3,961,253 2,822,043TELEPHONE SETUP 71,423 REPAIR MANIT 389,435 ELECTRIC 5,147,032

22,490,178 PROPERTY BOILER INS. 767,259 9,973,735OPER. SUPPL. JOB COST 1,117,107CAPITAL - PRINCIPAL / INT 1,293,268GAS & OIL 53,103OTHER PROPERTY SERV. 10,143

10,647,377

ADMINISTRATION


$6,551,933 $6,688,420 $1,694,273 $1,011,935


SERVICESPROFESSIONAL PROPERTY UTILITIES SALARIES &

$10,647,377

SERVICES SERVICES / DEBT $9,973,735 FRINGES

TOTAL GOB EXPENDITURESACTUAL

$342,859,541

$22,490,178 OBLIGATIONS $2,822,043

TELEPHONE 456,570SUPPLIES 29,455OTHER 23,819

509,844

OPERATIONS /

$509,844 $1,317,514

SUBSIDY -SUPPLIES FOOD

NOTES TO GOB FINANCIAL REPORT

Local Revenues $2.2M June/July tax receivable included in local revenues total

State Revenues VICC - revenues $1.7M over original budget

Federal Revenues $1.2M negative variance due to: $.6M shortfall in anticipated Medicaid revenues; original budget was $5M (actual revenues $1.6M plus $2.8M accrual = $4.4)

Transportation Actual $678K negative variance (revised January budget - $33,035,910; actual year end expenditures w/accruals - $33,714,076)

Supplies/Equipment $1.8M Savings

June ReceivablesTax Receivable 2,260,405Sales Tax Receivable 6,000,000Medicaid 2,800,000E-Rate 836,000Interest 190,133Protested Taxes 22,182

12,108,720

June AccrualsPurchased/Professional Services 8,361,822

Property Services 3,484,233

Transportation 1,486,906

Operational expenditures 454,341

13,787,301

NOTES FOR FEDERAL FINANCIAL REPORT

Federal Revenues $7.5M negative variance includes unexpended grant funds (except Comm Ed) that are allowed to be carried forward into 07-08: $3.4 - Title I $2.3 - Special Ed $1.3 - NCLB $.6 - Community Ed

NOTES FOR FOOD SERVICE REPORT

Principals' Account $554,228Repair & Maintenance $141,776

$696,004

Projected Deficit 145,109

District-related Expenses Salaries/Benefits $215,705Equipment (Tables) $124,000Operational Expenditures $28,435

$368,140

$513,249

Documents

FISCAL YEAR 2006-2007 Financial Report June 2007 Year To Date