FINANCIAL SECTION - School District U-46

School District U-46
Capital Projects Fund Summary
FY 2011 Budget
FY 2010
FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2009 Amended FY 2011
Actual Actual Actual Actual Budget Actual Budget Budget
Revenue
Local Revenue $ 302,921 $ 100,237 $ 9,585 $ 159 $ 6,154 $ 8,550 $ - $
-
Categoricals - 5,298,022 - - - - - -
Other Revenue 671,235 - 100,000 - - - - -
Total Revenue 974,156 5,398,259 109,585 159 6,154 8,550 - -
Expenditures
Salaries 395,517 191,329 22,222 18,042 18,944 33,052 - -
Employee Benefits 46,542 38,707 42,448 47,474 - - - -
Purchased Services 1,725,405 1,066,240 391,105 516,118 598,203 446,610 210,000 69,000
Supplies and Materials 6,140 27,505 30 - - - - -
Capital Outlay 24,556,580 14,423,714 3,520,574 4,620,460 9,103,123 6,152,047 790,000 438,000
Contingency, Tuition and Non-Capitalized Equipment - - - - - 634,024 - -
Total Expenditures 26,730,184 15,747,495 3,976,379 5,202,094 9,720,270 7,265,733 1,000,000 507,000
3-124
Excess (Deficiency) of Revenues Over Expenditures (25,756,028) (10,349,236) (3,866,794) (5,201,935) (9,714,116) (7,257,183) (1,000,000) (507,000)
Total Other Financing Sources (Uses) 72,625 - 5,117,517 6,200,000 9,700,000 11,072,836 - -
Net Change in Fund Balance (25,683,403) (10,349,236) 1,250,723 998,065 (14,116) 3,815,653 (1,000,000) (507,000)
Fund Balance at Beginning of Year 35,324,813 9,641,410 (707,826) 542,897 1,295,318 1,295,318 5,110,971 4,110,971
Fund Balance at End of Year $ 9,641,410 $ (707,826) $ 542,897 $ 1,540,962 $ 1,281,202 $ 5,110,971 $ 4,110,971 $ 3,603,971
Difference due to change from cash to accrual
Fund Balance June 30, 2008 $ 1,540,962
Change due to cash to accrual conversion (245,644)
Fund Balance July 1, 2008 $ 1,295,318