Distrito Escolar del - Osceola County School District

DISTRICT SCHOOL BOARD OF OSCEOLA COUNTY
STATEMENT OF NET ASSETS
June 30, 2012
Primary Government
Component Units
Account Governmental Business-type Total Nonmajor
Bellalago Educational Flora Ridge Educational
ASSETS Number Activities Activities Total Facilities Benefit District Facilities Benefit District Component Units
Cash and Cash Equivalents 1110 83,380,338.08 83,380,338.08 3,399,983.00 923,694.00 9,153,706.96
Investments 1160 105,465,671.07 105,465,671.07 0.00 0.00 0.00
Taxes Receivable, Net 1120 0.00 0.00 0.00 231,328.00
Accounts Receivable, Net 1130 1,378,038.67 1,378,038.67 244,305.00 0.00 662,925.00
Interest Receivable 1170 132,209.70 132,209.70 0.00 0.00 0.00
Due from Reinsurer 1180 0.00 0.00 0.00 0.00
Deposits Receivable 1210 0.00 0.00 0.00 52,761.00
Due from Other Agencies 1220 5,534,914.86 5,534,914.86 628,521.00 0.00 649,716.00
Internal Balances 0.00 0.00 0.00 132,860.92
Inventory 1150 2,254,433.39 2,254,433.39 0.00 0.00 0.00
Prepaid Items 1230 1,912,098.52 1,912,098.52 0.00 0.00 1,599,980.00
Restricted Assets:
Cash with Fiscal Agent 1114 245,585.30 245,585.30 0.00 0.00 2,614,896.00
Deferred Charges:
Issuance Costs and Deferred Amount on Refunding 3,446,195.88 3,446,195.88 480,073.00 362,711.00 742,238.00
Noncurrent Assets:
Other Post-employment Benefits Obligation (asset) 1410 0.00 0.00 0.00 0.00
Capital Assets:
Land 1310 48,698,040.10 48,698,040.10 1,000,000.00 0.00 238,220.00
Land Improvements - Nondepreciable 1315 1,325,843.92 1,325,843.92 0.00 0.00 0.00
Construction in Progress 1360 111,437,783.13 111,437,783.13 0.00 0.00 0.00
Improvements Other Than Buildings 1320 34,234,500.11 34,234,500.11 459,510.00 0.00 42,568.00
Less Accumulated Depreciation 1329 (18,616,037.08) (18,616,037.08) (101,520.00) 0.00 (24,290.00)
Buildings and Fixed Equipment 1330 816,522,046.25 816,522,046.25 22,284,836.00 0.00 13,921,451.00
Less Accumulated Depreciation 1339 (243,086,223.07) (243,086,223.07) (2,954,567.00) 0.00 (2,815,452.00)
Furniture, Fixtures and Equipment 1340 59,816,565.56 59,816,565.56 2,270,913.00 0.00 3,293,822.00
Less Accumulated Depreciation 1349 (43,637,061.02) (43,637,061.02) (1,970,188.00) 0.00 (2,938,896.00)
Motor Vehicles 1350 35,913,990.22 35,913,990.22 0.00 0.00 0.00
Less Accumulated Depreciation 1359 (23,623,998.59) (23,623,998.59) 0.00 0.00 0.00
Investment in EFBD 8,255,000.55 8,255,000.55 0.00 0.00 0.00
Less Accumulated Depreciation (1,979,112.50) (1,979,112.50) 0.00 0.00 0.00
Audio Visual Materials 1381 64,560.13 64,560.13 0.00 0.00 9,117.00
Less Accumulated Depreciation 1388 (51,875.58) (51,875.58) 0.00 0.00 (9,117.00)
Computer Software 1382 6,600,894.09 6,600,894.09 0.00 0.00 36,765.00
Less Accumulated Amortization 1389 (6,089,771.55) (6,089,771.55) 0.00 0.00 (36,844.00)
Total Capital Assets net of Accum. Depreciation 785,785,144.67 0.00 785,785,144.67 20,988,984.00 0.00 11,717,344.00
Total Assets 989,534,630.14 0.00 989,534,630.14 25,741,866.00 1,286,405.00 27,557,755.88
LIABILITIES AND NET ASSETS
LIABILITIES
Salaries and Wages Payable 2110 1,371,993.02 1,371,993.02 0.00 0.00 574,974.27
Payroll Deductions and Withholdings 2170 1,746,050.88 1,746,050.88 0.00 0.00 55,574.00
Accounts Payable 2120 3,489,004.76 3,489,004.76 20,000.00 20,000.00 1,347,542.53
Judgments Payable 2130 0.00 0.00 0.00 0.00
Construction Contracts Payable 2140 1,293,912.91 1,293,912.91 0.00 0.00 0.00
Construction Contracts Retainage Payable 2150 3,408,420.70 3,408,420.70 0.00 0.00 0.00
Due to Fiscal Agent 2240 0.00 0.00 0.00 0.00
Accrued Interest Payable 2210 2,328,316.42 2,328,316.42 619,770.00 163,527.00 317,160.00
Deposits Payable 2220 0.00 0.00 0.00 0.00
Due to Other Agencies 2230 3,040,758.20 3,040,758.20 0.00 0.00 1,951,754.00
Sales Tax Payable 2260 3,256.19 3,256.19 0.00 0.00 0.00
Deferred Revenue 2410 0.00 0.00 0.00 0.00
Estimated Unpaid Claims 2271 4,541,224.43 4,541,224.43 0.00 0.00 0.00
Estimated Liability for Claims Adjustment 2272 0.00 0.00 0.00 0.00
Estimated Liability for Arbitrage Rebate 2280 0.00 0.00 0.00 0.00
Noncurrent Liabilities:
Portion Due Within One Year:
Section 1011.13, F.S., Notes Payable 2250 0.00 0.00 0.00 0.00
Notes Payable 2310 2,881,672.97 2,881,672.97 0.00 0.00 0.00
Obligations Under Capital Leases 2315 0.00 0.00 0.00 0.00
Bonds Payable 2320 5,269,753.66 5,269,753.66 560,000.00 35,000.00 435,000.00
Liability for Compensated Absences 2330 1,920,304.00 1,920,304.00 0.00 0.00 0.00
Certificates of Participation Payable 2340 7,212,438.15 7,212,438.15 0.00 0.00 0.00
Installment Purchases Payable 250,366.34 250,366.34 0.00 0.00 0.00
Other Post-employment Benefits Obligation 2360 0.00 0.00 0.00 0.00
Deferred Revenue 172,178.90 172,178.90 0.00 0.00 0.00
EFBD Agreement Payable 372,525.55 372,525.55 0.00 0.00 0.00
Portion Due After One Year:
Notes Payable 2310 13,163,294.53 13,163,294.53 0.00 0.00 0.00
Obligations Under Capital Leases 2315 0.00 0.00 0.00 0.00
Bonds Payable 2320 77,369,475.78 77,369,475.78 24,587,296.00 7,338,397.00 14,670,000.00
Liability for Compensated Absences 2330 20,153,550.00 20,153,550.00 0.00 0.00 0.00
Certificates of Participation Payable 2340 192,163,198.51 192,163,198.51 0.00 0.00 0.00
Installment Purchases Payable 93,279.90 93,279.90 0.00 0.00 0.00
Other Post-employment Benefits Obligation 2360 32,583,152.00 32,583,152.00 0.00 0.00 0.00
Deferred Revenue 330,247.24 330,247.24 0.00 0.00 0.00
EFBD Agreement Payable 8,973,589.07 8,973,589.07 0.00 0.00 0.00
Total Liabilities 384,131,964.11 0.00 384,131,964.11 25,787,066.00 7,556,924.00 19,352,004.80
NET ASSETS
Invested in Capital Assets, Net of Related Debt 2770 488,096,468.90 488,096,468.90 (1,642,729.00) (6,139,811.00) (2,549,381.00)
Restricted For:
Categorical Carryover Programs 2780 12,290,431.90 12,290,431.90 0.00 0.00 0.00
Food Service 2780 11,944,345.42 11,944,345.42 0.00 0.00 0.00
Debt Service 2780 745,355.69 745,355.69 0.00 0.00 2,443,998.00
Capital Projects 2780 50,578,479.90 50,578,479.90 0.00 0.00 0.00
Other Purposes 2780 0.00 1,597,529.00 0.00 1,578,494.00
Unrestricted 2790 41,747,584.22 41,747,584.22 0.00 (130,708.00) 6,732,640.08
Total Net Assets 605,402,666.03 0.00 605,402,666.03 (45,200.00) (6,270,519.00) 8,205,751.08
Total Liabilities and Net Assets 989,534,630.14 0.00 989,534,630.14 25,741,866.00 1,286,405.00 27,557,755.88
The accompanying notes to financial statements are an integral part of this statement.
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