North Penn School District
GENERAL FUND REPORT
Financials - October 2015
STATEMENT OF REVENUE AND EXPENDITURES
October 1, 2015 ‐ October 31, 2015
Beginning Balance, October 1, 2015
REVENUE
Current Real Estate
Interim Real Estate
Public Utility R.E. Tax
Payments in Lieu of Tax
Earned Income Tax
Real Estate Transfer Tax
Delinquent Real Estate Tax
Interest Earnings
Athletic Events
Student Fees
Tuition from Patrons
Rentals
Service Local Gov LEAS
Other Local Revenue
Basic Instructional Subsidy
$ 4,771,294.30
$ 192,401.96
$ 201,448.14
$ 139.74
$ 380,413.82
$ 279,800.96
$ 103,049.63
$ 40,422.05
$ 5,974.00
$ 1,755.00
$ 1,740.00
$ 4,538.15
$ ‐
$ 371,833.32
$ ‐
Special Education Subsidy
Special Ed Aged Pupil
Transportation Subsidy
Property Tax Reduction Alloc
PA Accountability Grant
State Social Security
State Retirement
Other State Revenue
Federal Revenue Sources
Other Financing Sources
$ ‐
$ ‐
$ ‐
$ 2,905,432.34
$ ‐
$ (16,149.09)
$ (56,198.71)
$ ‐
$ 249,979.34
$ ‐
Revenue & Beginning Fund Balance
EXPENDITURES
Regular Instruction
Special Education
Vocational Education
$ 12,000,965.27
$ 4,979,886.18
$ 1,002,702.37
Other Instructional Programs
Nonpublic School Programs
Preschool Programs
Pupil Personnel Services
Instructional Support Services
Administrative Services
Pupil Health Services
Business Services
Operations, Maint, Grounds
Pupil Transportation
Other Support Services
Noninstructional Services
Capital Project
Other Finance
Fringe Benefits Suspense
$ 15,096.56
$ 179.42
$ 17,103.68
$ 992,911.92
$ 622,193.36
$ 1,261,566.09
$ 344,651.20
$ 109,530.40
$ 1,680,873.91
$ 1,614,034.32
$ 292,426.92
$ 164,683.32
$ ‐
$ 29,122.16
$ ‐
Ending Fund Balance, October 31, 2015
$ 161,666,997.06
$ 9,437,874.95
$ 171,104,872.01
ASSETS
Cash & Cash Equivalents
Tax Escrow Account
Payroll
Investments
Taxes Receivable
Interfund Receivable
State Subsidies Receivable
Federal Subsidies Receivable
Other Accounts Receivable
Blue Cross Deposit & SEPaST
Prescription Trust
Inventory
Prepaid Expenses
$ 122,197,058.02
$ 3,381,912.03
$ 25,661.95
$ 30,236,066.76
$ 2,351,772.41
$ 825,693.89
$ 5,192,883.65
$ 1,048,814.05
$ 155,331.00
$ ‐
$ ‐
$ 256,981.80
$ 1,039.50
Total Assets
$ 165,673,215.06
LIABILITIES
Interfund Payables
Accounts Payable
Prior Year Payables
Judgements Payables
Accrued Salaries, Benefits, Taxes
Deferred Revenues
$ 24,938.72
$ (118,018.66)
$ 50,178.00
$ 3,939,038.78
$ 13,406,034.51
$ 2,394,098.78
Less:Total Liabilities
$ 19,696,270.13
Fund Balance‐Inventory
Fund Balance‐Blue Cross
Fund Balance ‐ Medical
Fund Balance‐PSERS
Fund Balance‐Unrestricted
$ 293,192.21
$ ‐
$ 2,700,000.00
$ 14,406,187.00
$ 19,237,296.11
Equals: Fund Equity
$ 145,976,944.93
$ 25,127,927.08
$ 145,976,944.93
G:\Business Office\_DirBusiness\FinanceCommittee\2015-2016\GenFundFinRprts2015-16.xlsxFinancial Oct 2015
2015-2016 Budget
October, 2015-YTD
35,750,328.00
36,636,675.32
159,791,009.00
153,578,693.20
1,010,000.00
192,701.96
210,000.00
201,448.14
15,000,000.00
4,158,134.58
2,200,000.00
819,419.49
2,600,000.00
622,497.99
225,000.00
126,781.40
75,000.00
24,209.00
150,000.00
20,350.00
70,000.00
14,793.85
North Penn School District
TREASURER'S REPORT
GENERAL FUND REVENUE AND EXPENDITURES
October
31, 2015
Description
% of Budget
102.5%
2014-2015 Budget
Beginning Fund Balance
96.1% Real Estate Tax
19.1% Interim Real Estate Tax
95.9% Public Utility Reality Tax
27.7% Earned Income Tax
October, 2014-YTD
% of Budget
36,793,222.00
38,066,317.10
103.5%
154,497,868.00
151,393,100.28
98.0%
1,460,000.00
232,762.66
15.9%
205,210.00
212,580.98
103.6%
13,900,000.00
4,678,983.55
33.7%
37.2% Real Estate Transfer Tax
23.9% Delinquent Taxes
2,200,000.00
643,939.00
29.3%
56.3% Interest on Investments
32.3% Athletic Events
225,000.00
61,668.32
27.4%
75,000.00
64,763.00
86.4%
13.6% Student Fees
21.1% Rentals
153,500.00
50,979.00
0.0%
70,000.00
8,318.75
11.9%
114.5% Tuition
16.3% Other Local Revenue
2,850,000.00
741,891.99
26.0%
57,850.00
66,257.74
2,722,710.00
444,476.90
45,271,319.00
5,248,361.98
3,173,995.00
249,979.34
0.00
0.00
232,556,883.00
165,768,105.57
71.3%
TOTAL RECEIPTS
223,077,924.00
173,803,203.71
77.9%
268,307,211.00
202,404,780.89
75.4%
TOTAL FUNDS AVAILABLE
259,871,146.00
211,869,520.81
81.5%
102,000,752.16
20,846,553.30
20.4%
37,886,937.08
7,359,836.91
19.4%
3,725,500.00
1,777,332.00
47.7%
11.6% 7000 State Subsidies
7.9% 8000 Federal Subsidies
0.0% 9000 Other Financing Sources
57,850.00
52,491.00
90.7%
451,379.00
64,291.98
14.2%
41,446,400.00
14,965,027.14
36.1%
5,485,717.00
599,206.06
10.9%
0.00
33,200.00
0.0%
***EXPENDITURES***
INSTRUCTION
105,791,293.26
23,855,004.51
22.5% 1100 Regular Program
40,700,482.07
8,682,490.14
21.3% 1200 Special Ed Program
3,633,934.00
1,864,290.62
51.3% 1300 Vocational‐Technical
389,118.00
89,232.91
22.9% 1400 Other Instructional Prog.
333,756.50
79,061.31
23.7%
0.00
103,887.00
179.42
19,902.78
0.0% 1500 Nonpublic School Prog.
19.2% 1800 Pre School
11,700.00
111,035.00
0.00
30,669.20
0.0%
27.6%
150,618,714.33
34,511,100.38
144,069,680.74
30,093,452.72
20.9%
24.1%
22.9%
Instruction Sub Total
SUPPORT SERVICES
8,534,113.00
2,049,827.50
24.0% 2100 Pupil Personnel Services
8,235,291.97
1,985,802.01
6,832,655.60
1,537,497.74
22.5% 2200 Instructional Support
6,178,828.16
1,814,465.00
29.4%
12,504,597.44
3,604,806.44
28.8% 2300 Administrative Services
12,815,159.79
3,702,682.55
28.9%
2,824,387.02
540,521.27
19.1% 2400 Pupil Health Services
2,629,874.47
509,175.46
19.4%
2,973,466.52
697,242.32
23.4% 2500 Business Services
3,112,399.36
968,123.10
31.1%
15,760,108.90
4,832,226.37
30.7% 2600 Operation & Maint.
15,154,134.36
4,910,382.59
32.4%
13,999,318.46
2,919,935.84
20.9% 2700 Pupil Transportation Svcs
14,760,258.93
2,848,060.96
19.3%
2,395,610.16
392,088.13
868,645.90
27,824.98
36.3% 2800 Data Processing Services
7.1% 2900 Other Support Services
1,798,026.81
388,768.44
593,514.31
30,850.85
33.0%
7.9%
66,216,345.23
17,078,528.36
65,072,742.29
17,363,056.83
26.7%
2,475,501.34
620,226.44
25.1%
69,557.04
213,500.00
1,807.05
104,752.80
2.6%
0.0%
2,758,558.38
726,786.29
26.3%
13,985,000.00
4,171,478.32
29.8%
0.00
3,031,442.94
0.0%
0.00
1,150,000.00
0.00
0.00
0.0%
0.0%
25.8%
Support Services Sub Totals
NONISTRUCTIONAL SVCS
2,900,856.87
591,971.32
78,661.43
0.00
811.55
0.00
2,979,518.30
592,782.87
20.4% 3200 Student Activities
1.0% 3300 Community Services
0.0% 4600 Improve Exist Building
19.9%
Noninstructional Svc Sub‐Totals
OTHER FINANCING USES
14,349,850.00
4,245,424.35
0.00
0.00
29.6% 5100 Debt Service
0.0% 5200 Fund Transfers
0.00
1,000,000.00
0.00
0.00
0.0% 5800 Suspense Account
0.0% 5900 Budgetary Reserve
15,349,850.00
4,245,424.35
27.7%
Other Uses Sub‐Totals
15,135,000.00
7,202,921.26
47.6%
235,164,427.86
56,427,835.96
24.0%
TOTAL EXPENDITURES
227,035,981.41
55,386,217.10
24.4%
33,142,783.14
145,976,944.93
Current Ending Fund Balance
32,835,164.59
156,483,303.71
G:\Business Office\_DirBusiness\FinanceCommittee\2015-2016\GenFundFinRprts2015-16.xlsxRev-Exp Oct 15
11/23/2015 4:09 PM