Distrito Escolar del - Osceola County School District
Distrito Escolar del - Osceola County School District
Distrito Escolar del - Osceola County School District
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The key elements of the changes in the <strong>District</strong>’s net assets for the fiscal years ended June 30, 2012, and June 30,<br />
2011, are as follows:<br />
Operating Results for the Year<br />
Governmental<br />
Activities<br />
06-30-12 06-30-11<br />
Revenues:<br />
Program Revenues:<br />
Charges for Services $ 11,056,442 $ 11,420,166<br />
Operating Grants and Contributions 30,791,827 28,379,405<br />
Capital Grants and Contributions 11,873,721 11,042,590<br />
General Revenues:<br />
Property Taxes 129,816,569 142,837,953<br />
Local Sales Taxes 9,925,208 9,511,482<br />
Grants and Contributions not Restricted<br />
to Specific Programs 262,026,194 294,754,205<br />
Investment Earnings 1,801,749 2,099,168<br />
Miscellaneous 9,660,581 15,930,845<br />
Total Revenues 466,952,291 515,975,814<br />
Functions/Program Expenses:<br />
Instruction 255,527,062 268,395,640<br />
Pupil Personnel Services 21,777,238 21,854,182<br />
Instructional Media Services 4,203,045 4,517,888<br />
Instruction and Curriculum Development Services 12,882,568 15,053,689<br />
Instructional Staff Training Services 8,879,262 10,019,346<br />
Instruction Related Technology 3,496,278 3,371,658<br />
Board of Education 1,735,224 1,365,918<br />
General Administration 2,774,059 3,776,911<br />
<strong>School</strong> Administration 21,648,914 22,598,190<br />
Facilities Acquisition and Construction 7,227,977 11,792,702<br />
Fiscal Services 1,790,431 1,861,512<br />
Food Services 23,189,629 22,286,139<br />
Central Services 6,851,341 6,467,196<br />
Pupil Transportation Services 21,838,155 22,121,651<br />
Operation of Plant 26,351,827 28,932,290<br />
Maintenance of Plant 12,049,620 8,425,120<br />
Administrative Technology Services 3,151,997 3,334,012<br />
Community Services 4,422,730 4,194,564<br />
Interest on Long-Term Debt 14,542,638 15,944,978<br />
Unallocated Depreciation Expense 32,061,584 31,169,680<br />
Total Expenses 486,401,579 507,483,266<br />
Decrease in Net Assets (19,449,288) 8,492,548<br />
Net Assets, Beginning 624,851,954 616,359,406<br />
Net Assets, Ending $ 605,402,666 $ 624,851,954<br />
The total government-wide net assets decreased by $19,449,288 during the current fiscal year. The decrease<br />
represents an excess of expenses over revenues in the current year.<br />
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