Comprehensive Annual Financial Report 2012 - Kettering City ...
Comprehensive Annual Financial Report 2012 - Kettering City ...
Comprehensive Annual Financial Report 2012 - Kettering City ...
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KETTERING CITY SCHOOL DISTRICT<br />
Notes to the Basic <strong>Financial</strong> Statements<br />
For the Fiscal Year Ended June 30, <strong>2012</strong><br />
NOTE 2 – FUND BALANCES<br />
Fund balance is classified as nonspendable, restricted, committed, assigned and/or unassigned based<br />
primarily on the extent to which the District is bound to observe constraints imposed upon the use of<br />
resources in the government funds. The constraints placed on fund balance for the major governmental<br />
funds and all other governmental funds are presented below:<br />
Fund Balances<br />
Other<br />
Total<br />
General Bond Governmental Governmental<br />
Fund Retirement Funds Funds<br />
Nonspendable:<br />
Supplies Inventory $111,440 $0 $47,864 $159,304<br />
Endowments 0 0 12,801 12,801<br />
Total Nonspendable 111,440 0 60,665 172,105<br />
Restricted:<br />
Food Service 0 0 809,227 809,227<br />
Endowments 0 0 1,776 1,776<br />
Staff Development and Support 0 0 141,610 141,610<br />
Auxiliary Services 0 0 297,461 297,461<br />
Extracurricular Activities 0 0 163,148 163,148<br />
Preschool Programs 0 0 122,779 122,779<br />
Technology Improvements 0 0 12,925 12,925<br />
Special Education 0 0 18,397 18,397<br />
Targeted Academic Assistance 0 0 30,217 30,217<br />
Debt Service Payments 0 3,730,110 0 3,730,110<br />
Capital Acquisition and Improvement 0 0 669,098 669,098<br />
Total Restricted 0 3,730,110 2,266,638 5,996,748<br />
Assigned to Other Purposes 755,801 0 0 755,801<br />
Unassigned 6,233,898 0 (534,876) 5,699,022<br />
Total Fund Balances $7,101,139 $3,730,110 $1,792,427 $12,623,676<br />
DRAFT - 38 - 12/18/<strong>2012</strong>
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