Comprehensive Annual Financial Report 2012 - Kettering City ...

KETTERING CITY SCHOOL DISTRICT
Original Budget Final Budget Actual
Variance with
Final Budget
Positive
(Negative)
Excess (Deficiency) of Revenues
Over (Under) Expenditures (1,109,184) (9,005,846) (578,235) 8,427,611
Other Financing Sources (Uses):
Transfers Out (41,831) (41,831) (41,831) 0
Refund of Prior Year's Expenditures 0 38,910 38,910 0
Refund of Prior Year's Receipts (1,000) (1,000) 0 1,000
Total Other Financing Sources (Uses): (42,831) (3,921) (2,921) 1,000
Net Change in Fund Balance (1,152,015) (9,009,767) (581,156) 8,428,611
Fund Balance at Beginning of Year 11,867,242 11,867,242 11,867,242 0
Prior Year Encumbrances 865,655 865,655 865,655 0
Fund Balance at End of Year $ 11,580,882 $ 3,723,130 $ 12,151,741 $ 8,428,611
See accompanying notes to the basic financial statements
DRAFT - 21 - 12/18/2012