Distrito Escolar del - Osceola County School District

• Restricted for State Categoricals, Debt Service, Capital Projects, and Grants and Programs:
Florida Statute requires that certain revenues be specifically designated for the purposes of capital
and debt service requirements and for certain designated state categorical spending. These funds
have been included in the restricted category of fund balance. The restricted fund balances for State
Categoricals, Debt Service, Capital Projects, and Grants and Programs total $90,119,942 and are
$12,290,432, $1,768,473, $60,639,399, and $15,421,638, respectively.
• Assigned for Contract Commitments, Carryover Appropriations, Projected Operating Deficit, and
Other Programs:
The School Board has set aside certain spendable fund balances for contract commitments,
carryover appropriations, a projected operating deficit, and other programs. For fiscal year 2012,
the assigned fund balance is $14,437,825 of which $955,435 is for contract commitments,
$1,707,830 is for carryover appropriations, $11,000,000 is for a projected operating deficit, and
$774,560 are for other programs.
• Unassigned:
The unassigned fund balance for the General Fund is $52,631,593.
Major Funds
General Fund
Capital
Projects - Other
Fund
Capital Projects -
ARRA Economic
Stimulus Funds
Nonmajor
Governmental
Funds
Total
Governmental
Funds
Fund Balances
Nonspendable:
Inventory $ 1,838,068 $ - $ - $ 416,365 $ 2,254,433
Restricted:
State Categoricals 12,290,432 - - - 12,290,432
Debt Service - - - 1,768,473 1,768,473
Capital Projects - 38,040,860 4,337,866 18,260,673 60,639,399
Grants and Programs 3,893,658 - - 11,527,980 15,421,638
Assigned:
Contract Commitments 955,435 - - - 955,435
Carryover Appropriations 1,707,830 - - - 1,707,830
Projected Operating Deficit 11,000,000 - - - 11,000,000
Other Programs - - - 774,560 774,560
Unassigned 52,631,593 - - - 52,631,593
Total Fund Balances 84,317,016 38,040,860 4,337,866 32,748,051 159,443,793
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