FINANCIAL SECTION - School District U-46

School District U-46
All Funds Except Capital Project Funds 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
Taxes $ 204,497,112 $ 212,030,196 $ 235,978,391 $ 245,143,084 $ 265,230,685 $ 255,136,782 $ 264,562,526 $ 272,360,176
Local Revenue 15,093,574 18,799,361 21,765,417 21,519,115 22,436,999 17,423,676 16,773,125 16,510,894
General State Aid 64,906,589 69,525,159 67,600,037 68,831,089 69,109,646 69,713,879 66,019,919 50,774,220
Categoricals 33,795,239 34,087,239 42,329,718 32,801,960 44,167,085 41,023,867 82,593,399 76,587,197
Federal Aid 22,264,722 22,204,364 22,202,379 26,647,332 27,672,013 23,794,232 39,709,417 40,929,244
Other Revenue 1,155,532 634,784 327,046 542,872 430,198 256,885 397,500 422,500
Total Revenue 341,712,768 357,281,103 390,202,988 395,485,452 429,046,626 407,349,321 470,055,886 457,584,231
3-18
Expenditures
Salaries 184,629,930 200,832,736 218,070,428 230,197,783 239,777,633 242,822,901 241,140,335 224,922,660
Employee Benefits 65,393,896 62,650,011 66,743,142 71,254,834 76,776,831 83,182,648 82,572,233 72,611,540
Purchased Services 26,283,231 27,964,434 31,700,160 29,186,241 32,774,907 29,876,137 32,024,879 30,667,167
Supplies and Materials 18,599,053 26,160,902 24,331,629 26,768,100 28,304,257 25,864,712 24,974,911 23,771,137
Capital Outlay 4,225,140 9,742,298 6,740,111 9,299,700 6,813,735 3,715,278 5,535,181 1,592,961
Other Expenditures 25,951,635 26,650,588 31,242,568 36,280,642 36,943,292 40,387,142 42,644,427 43,090,920
Contingency, Tuition and Non-Capitalized Equipment 9,267,083 9,594,690 9,397,715 8,062,735 11,967,832 10,367,506 50,938,603 53,854,063
Total Expenditures 334,349,968 363,595,659 388,225,753 411,050,035 433,358,487 436,216,324 479,830,569 450,510,448
Excess (Deficiency) of Revenues Over Expenditures 7,362,800 (6,314,556) 1,977,235 (15,564,583) (4,311,861) (28,867,003) (9,774,683) 7,073,783
Total Other Financing Sources (Uses) 1,051,571 7,682,739 14,675,000 3,448,177 4,600,000 3,233,656 19,682,565 -
Net Change in Fund Balance 8,414,371 1,368,183 16,652,235 (12,116,406) 288,139 (25,633,347) 9,907,882 7,073,783
Fund Balance at Beginning of Year 66,445,192 74,859,563 76,227,746 92,879,981 65,998,513 65,998,513 40,365,166 50,273,048
Fund Balance at End of Year $ 74,859,563 $ 76,227,746 $ 92,879,981 $ 80,763,575 $ 66,286,652 $ 40,365,166 $ 50,273,048 $ 57,346,831
Difference due to change from cash to accrual
Fund Balance June 30, 2008 $ 80,763,575
Change due to cash to accrual conversion (14,765,062)
Fund Balance July 1, 2008 $ 65,998,513