Comprehensive Annual Financial Report 2012 - Kettering City ...

KETTERING CITY SCHOOL DISTRICT
Balance Sheet
Governmental Funds
June 30, 2012
Bond
Retirement
Other
Governmental
Funds
Total
Governmental
Funds
General
Assets:
Cash and Cash Equivalents $ 3,739,861 $ 815,309 $ 2,891,993 $ 7,447,163
Investments 9,885,366 2,481,915 0 12,367,281
Receivables:
Taxes 53,277,590 6,514,729 591,768 60,384,087
Accounts 32,300 0 1,791 34,091
Intergovernmental 43,768 0 1,236,091 1,279,859
Due from Other Funds 61,264 0 0 61,264
Inventory of Supplies at Cost 111,440 0 0 111,440
Inventory Held for Resale 0 0 47,864 47,864
Restricted Assets:
Cash and Cash Equivalents 0 0 12,801 12,801
Total Assets $ 67,151,589 $ 9,811,953 $ 4,782,308 $ 81,745,850
Liabilities:
Accounts Payable $ 614,278 $ 0 $ 379,274 $ 993,552
Accrued Wages and Benefits 8,184,458 0 649,683 8,834,141
Intergovernmental Payable 1,329,202 0 111,362 1,440,564
Due to Other Funds 0 0 61,264 61,264
Deferred Revenue 49,922,512 6,081,843 1,788,298 57,792,653
Total Liabilities 60,050,450 6,081,843 2,989,881 69,122,174
Fund Balances:
Nonspendable 111,440 0 60,665 172,105
Restricted 0 3,730,110 2,266,638 5,996,748
Assigned 755,801 0 0 755,801
Unassigned 6,233,898 0 (534,876) 5,699,022
Total Fund Balances 7,101,139 3,730,110 1,792,427 12,623,676
Total Liabilities and Fund Balances $ 67,151,589 $ 9,811,953 $ 4,782,308 $ 81,745,850
See accompanying notes to the basic financial statements
DRAFT - 14 - 12/18/2012