Distrito Escolar del - Osceola County School District

DISTRICT SCHOOL BOARD OF OSCEOLA COUNTY
COMBINING STATEMENT OF NET ASSETS
NONMAJOR COMPONENT UNITS
June 30, 2012
The Foundation Four Corners New Alternative Education New Dimensions Total Nonmajor
Account for Osceola Charter High School of High Charter Component
Number Education, Inc. School, Inc. Osceola County, Inc. School Units
ASSETS
Cash and Cash Equivalents 1110 5,794,847.00 2,007,778.54 496,539.00 854,542.42 9,153,706.96
Investments 1160 0.00 0.00 0.00 0.00 0.00
Taxes Receivable, net 1120 231,328.00 0.00 0.00 0.00 231,328.00
Accounts Receivable, net 1130 662,925.00 0.00 0.00 0.00 662,925.00
Interest Receivable 1170 0.00 0.00 0.00 0.00 0.00
Due from Reinsurer 1180 0.00 0.00 0.00 0.00 0.00
Deposits Receivable 1210 43,990.00 0.00 0.00 8,771.00 52,761.00
Due from Other Agencies 1220 649,716.00 0.00 0.00 0.00 649,716.00
Internal Balances 7,032.00 0.00 0.00 125,828.92 132,860.92
Inventory 1150 0.00 0.00 0.00 0.00 0.00
Prepaid Items 1230 1,568,163.00 0.00 31,817.00 0.00 1,599,980.00
Restricted Assets:
Cash with Fiscal Agent 1114 2,614,896.00 0.00 0.00 0.00 2,614,896.00
Deferred Charges:
Issuance Costs 742,238.00 0.00 0.00 0.00 742,238.00
Noncurrent assets:
Other Post-employment Benefits Obligation (asset) 1410 0.00 0.00 0.00 0.00 0.00
Capital Assets:
Land 1310 238,220.00 0.00 0.00 0.00 238,220.00
Land Improvements - Nondepreciable 1315 0.00 0.00 0.00 0.00 0.00
Construction in Progress 1360 0.00 0.00 0.00 0.00 0.00
Improvements Other Than Buildings 1320 42,568.00 0.00 0.00 0.00 42,568.00
Less Accumulated Depreciation 1329 (24,290.00) 0.00 0.00 0.00 (24,290.00)
Buildings and Fixed Equipment 1330 13,921,451.00 0.00 0.00 0.00 13,921,451.00
Less Accumulated Depreciation 1339 (2,815,452.00) 0.00 0.00 0.00 (2,815,452.00)
Furniture, Fixtures and Equipment 1340 3,135,145.00 0.00 158,677.00 0.00 3,293,822.00
Less Accumulated Depreciation 1349 (2,938,896.00) 0.00 0.00 0.00 (2,938,896.00)
Motor Vehicles 1350 0.00 0.00 0.00 0.00 0.00
Less Accumulated Depreciation 1359 0.00 0.00 0.00 0.00 0.00
Property Under Capital Leases 1370 0.00 0.00 0.00 0.00 0.00
Less Accumulated Depreciation 1379 0.00 0.00 0.00 0.00 0.00
Audio Visual Materials 1381 9,117.00 0.00 0.00 0.00 9,117.00
Less Accumulated Depreciation 1388 (9,117.00) 0.00 0.00 0.00 (9,117.00)
Computer Software 1382 36,765.00 0.00 0.00 0.00 36,765.00
Less Accumulated Amortization 1389 (36,844.00) 0.00 0.00 0.00 (36,844.00)
Total Capital Assets net of Accum. Dep'n 11,558,667.00 0.00 158,677.00 0.00 11,717,344.00
Total Assets 23,873,802.00 2,007,778.54 687,033.00 989,142.34 27,557,755.88
LIABILITIES AND NET ASSETS
LIABILITIES
Salaries and Wages Payable 2110 416,828.00 0.00 0.00 158,146.27 574,974.27
Payroll Deductions and Withholdings 2170 55,574.00 0.00 0.00 0.00 55,574.00
Accounts Payable 2120 788,439.00 317,512.06 99,453.00 142,138.47 1,347,542.53
Judgments Payable 2130 0.00 0.00 0.00 0.00 0.00
Construction Contracts Payable 2140 0.00 0.00 0.00 0.00 0.00
Construction Contracts Retainage Payable 2150 0.00 0.00 0.00 0.00 0.00
Due to Fiscal Agent 2240 0.00 0.00 0.00 0.00 0.00
Accrued Interest Payable 2210 317,160.00 0.00 0.00 0.00 317,160.00
Deposits Payable 2220 0.00 0.00 0.00 0.00 0.00
Due to Other Agencies 2230 1,951,754.00 0.00 0.00 0.00 1,951,754.00
Sales Tax Payable 2260 0.00 0.00 0.00 0.00 0.00
Deferred Revenue 2410 0.00 0.00 0.00 0.00 0.00
Estimated Unpaid Claims 2271 0.00 0.00 0.00 0.00 0.00
Estimated Liability for Claims Adjustment 2272 0.00 0.00 0.00 0.00 0.00
Estimated Liability for Arbitrage Rebate 2280 0.00 0.00 0.00 0.00 0.00
Noncurrent Liabilities:
Portion Due Within One Year:
Section 1011.13 Notes Payable 2250 0.00 0.00 0.00 0.00 0.00
Notes Payable 2310 0.00 0.00 0.00 0.00 0.00
Obligations Under Capital Leases 2315 0.00 0.00 0.00 0.00 0.00
Bonds Payable 2320 435,000.00 0.00 0.00 0.00 435,000.00
Liability for Compensated Absences 2330 0.00 0.00 0.00 0.00 0.00
Certificates of Participation Payable 2340 0.00 0.00 0.00 0.00 0.00
Estimated Liability for Long-Term Claims 2350 0.00 0.00 0.00 0.00 0.00
Other Post-employment Benefits Obligation 2360 0.00 0.00 0.00 0.00 0.00
Estimated PECO Advance Payable 2370 0.00 0.00 0.00 0.00 0.00
Estimated Liability for Arbitrage Rebate 2280 0.00 0.00 0.00 0.00 0.00
Portion Due After One Year:
Notes Payable 2310 0.00 0.00 0.00 0.00 0.00
Obligations Under Capital Leases 2315 0.00 0.00 0.00 0.00 0.00
Bonds Payable 2320 14,670,000.00 0.00 0.00 0.00 14,670,000.00
Liability for Compensated Absences 2330 0.00 0.00 0.00 0.00 0.00
Certificates of Participation Payable 2340 0.00 0.00 0.00 0.00 0.00
Estimated Liability for Long-Term Claims 2350 0.00 0.00 0.00 0.00 0.00
Other Post-employment Benefits Obligation 2360 0.00 0.00 0.00 0.00 0.00
Estimated PECO Advance Payable 2370 0.00 0.00 0.00 0.00 0.00
Estimated Liability for Arbitrage Rebate 2280 0.00 0.00 0.00 0.00 0.00
Total Liabilities 18,634,755.00 317,512.06 99,453.00 300,284.74 19,352,004.80
NET ASSETS
Invested in Capital Assets, Net of Related Debt 2770 (2,549,381.00) 0.00 0.00 0.00 (2,549,381.00)
Restricted For:
Categorical Carryover Programs 2780 0.00 0.00 0.00 0.00 0.00
Food Service 2780 0.00 0.00 0.00 0.00 0.00
Debt Service 2780 2,443,998.00 0.00 0.00 0.00 2,443,998.00
Capital Projects 2780 0.00 0.00 0.00 0.00 0.00
Other Purposes 2780 1,578,494.00 0.00 0.00 0.00 1,578,494.00
Unrestricted 2790 3,765,936.00 1,690,266.48 587,580.00 688,857.60 6,732,640.08
Total Net Assets 5,239,047.00 1,690,266.48 587,580.00 688,857.60 8,205,751.08
Total Liabilities and Net Assets 23,873,802.00 2,007,778.54 687,033.00 989,142.34 27,557,755.88
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