2007-08 Annual Report - Harford County Public Schools
2007-08 Annual Report - Harford County Public Schools
2007-08 Annual Report - Harford County Public Schools
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HC LIBRARY<br />
76254<br />
ROYAL BLUE<br />
HC COMMUTER<br />
76252<br />
4C<br />
HCPS Operating Statement<br />
Financial Data Year Ended June 30, 20<strong>08</strong><br />
General<br />
Food Capital<br />
Fund<br />
Services Projects<br />
Fund Fund<br />
TOTAL<br />
Governmental<br />
Funds<br />
REVENUES<br />
Local Sources 199,614,800 - 79,119,796 278,734,596<br />
State Sources 224,369,781 320,785 20,625,823 245,316,389<br />
Special State and<br />
Federal Programs<br />
24,880,566 - - 24,880,566<br />
Federal Sources 339,805 5,017,856 - 5,357,661<br />
Earnings on<br />
Investments<br />
1,263,370 84,534 - 1,347,904<br />
Charges for Services - 8,348,372 - 8,348,372<br />
Miscellaneous<br />
Revenues<br />
7,300,901 701 1 ,407,797 8,709,399<br />
TOTAL REVENUES 457,769,223 13,772,248 101,153,416 572,694,887<br />
EXPENDITURES<br />
Current<br />
Administrative<br />
Services<br />
10,732,307 - - 10,732,307<br />
Mid-level<br />
Administration 25,282,077 - - 25,282,077<br />
Services<br />
Instructional Salaries 167,938,023 - - 167,938,023<br />
Instructional<br />
Textbooks & Supplies<br />
9,961,562 - - 9,961,562<br />
Other Instructional<br />
Costs<br />
2,847,800 - - 2,847,800<br />
Special Education 35,781,709 - - 35,781,709<br />
Student Personnel<br />
Services<br />
1,621,013 - - 1,621,013<br />
Health Services 3,221,614 - - 3,221,614<br />
Pupil Transportation<br />
Services<br />
26,888,948 - - 26,888,948<br />
Operation of Plant 28,858,734 - - 28,858,734<br />
Maintenance of Plant<br />
and Equipment<br />
11,269,052 - - 11,269,052<br />
Fixed Charges 112,856,056 - - 112,856,056<br />
Community Services 450,417 - - 450,417<br />
Special State and<br />
Federal Programs<br />
24,880,566 - - 24,880,566<br />
Cost of Operation<br />
- Food Services<br />
- 13,976,637 - 13,976,637<br />
Capital Outlay 521,605 - 96,141,847 96,663,452<br />
TOTAL<br />
EXPENDITURES<br />
463,111,483 13,976,637 96,141,847 573,229,967<br />
Excess (deficit) of<br />
Revenues Over<br />
Expenditures<br />
(5,342,260) (204,389) 5,011,569 (535,<strong>08</strong>0)<br />
Other Financing Sources<br />
(uses)<br />
Capital Lease (3,035,185) - 3,035,185 -<br />
Operating Transfers - - - -<br />
Net Change in Fund<br />
Balances<br />
(8,377,445) (204,389) 8,046,754 (535,<strong>08</strong>0)<br />
Fund Balance -<br />
Beginning July <strong>2007</strong><br />
Decrease Reserve for<br />
Inventory - U.S.D.A.<br />
Fund Balance at<br />
June 30, 20<strong>08</strong><br />
27,466,428 2,698,900 25,000 30,190,328<br />
- (38,230) - (38,230)<br />
19,<strong>08</strong>8,983 2,456,281 8,071,754 29,617,018<br />
SOURCE: HCPS Budget Office/Communications Office<br />
BOE | DECEMBER 20<strong>08</strong>
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