North Penn School District
GENERAL FUND REPORT
Financials - June 2015
STATEMENT OF REVENUE AND EXPENDITURES
June 1, 2015 ‐ June 30, 2015
Beginning Balance, June 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
$ (207,339.70)
$ 9,295.51
$ ‐
$ ‐
$ 2,385,424.93
$ 270,621.34
$ 363,535.41
$ 19,005.56
$ 699.00
$ 1,322.00
$ 2,186.00
$ 12,714.40
$ ‐
$ 22,800.03
$ 3,116,592.24
Special Education Subsidy
Special Ed Aged Pupil
Transportation Subsidy
Property Tax Reduction Alloc
PA Accountability Grant
State Social Security
Other State Revenue
Federal Revenue Sources
Other Financing Sources
$ 1,588,563.05
$ ‐
$ 690,685.05
$ ‐
$ ‐
$ 318,921.57
$ 3,439,843.67
$ 335,093.68
$ ‐
Revenue & Beginning Fund Balance
EXPENDITURES
Regular Instruction
Special Education
$ 20,144,351.72
$ 7,291,394.56
Vocational Education
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
Technology Services
Other Support Services
Noninstructional Services
Capital Project
Other Finance
Fringe Benefits Suspense
$ ‐
$ 24,147.11
$ 86.83
$ 7,990.00
$ 1,384,400.20
$ 836,876.18
$ 1,090,872.94
$ 427,965.19
$ 311,568.23
$ 1,150,246.47
$ 1,747,118.30
$ 120,424.35
$ 12,679.57
$ 227,559.46
$ ‐
$ 45,478.23
$ ‐
Ending Fund Balance, June 30, 2015
$ 62,329,925.16
$ 12,369,963.74
$ 74,699,888.90
ASSETS
Cash & Cash Equivalents
Investments
Payroll
Tax Escrow Account
Taxes Receivable
Interfund Receivable
State Subsidies Receivable
Federal Subsidies Receivable
Other Accounts Receivable
$ 7,853,676.78
$ 48,759,120.85
$ 25,661.95
$ 3,387,439.49
$ 2,348,771.00
$ 355,433.43
$ 3,772,566.31
$ 33,870.00
$ 60,870.60
Blue Cross Deposit & SEPaST
Prescription Trust
Inventory
$ ‐
$ ‐
$ 209,560.01
Total Assets
$ 66,806,970.42
LIABILITIES
Judgments Payables
Accounts Payable
Prior Year Payables
Accrued Salaries, Benefits, Taxes
Deferred Revenues
$ 3,381,265.48
$ 5,504,728.85
$ 49,580.00
$ 15,375,445.78
$ 2,619,220.75
Less: Total Liabilities
$ 26,930,240.86
Fund Balance‐Non Spendable
Fund Balance‐Blue Cross
Fund Balance ‐ Medical
Fund Balance‐PSERS
Fund Balance‐Unrestricted
$ 204,370.18
$ ‐
$ 2,700,000.00
$ 14,406,187.00
$ 20,755,759.92
Equals: Fund Equity
$ 39,876,729.56
$ 34,823,159.34
$ 39,876,729.56
BRP G:\Business Office\_DirBusiness\FinanceCommittee\2014-2015\GenFundFinRprts2014-15.xlsxFinancial June 2015
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North Penn School District
TREASURER'S REPORT
GENERAL FUND REVENUE AND EXPENDITURES
June 30, 2015
Period 12
2014-2015 Budget
Period 12
June, 2015-YTD
% of Budget
Description
36,793,222.00
38,066,317.10
154,497,868.00
155,145,942.06
1,460,000.00
1,094,767.85
205,210.00
212,371.37
13,900,000.00
16,365,279.47
2,200,000.00
2,413,035.57
109.7% Real Estate Transfer Tax
2,961,819.24
103.9% Delinquent Taxes
2,850,000.00
225,000.00
235,508.98
75,000.00
78,285.50
153,500.00
207,313.00
70,000.00
79,606.97
103.5%
Beginning Fund Balance
100.4% Real Estate Tax
2013-2014
Budget
June, 2014-YTD
% of Budget
24,427,674.00
33,948,917.20
139.0%
149,022,685.00
149,545,976.93
100.4%
75.0% Interim Real Estate Tax
600,000.00
2,205,726.03
367.6%
103.5% Public Utility Reality Tax
215,000.00
203,424.46
94.6%
13,000,000.00
15,280,374.64
117.5%
2,694,159.11
134.7%
117.7% Earned Income Tax
104.7% Interest on Investments
104.4% Athletic Events
2,000,000.00
2,800,000.00
3,117,074.08
111.3%
225,000.00
177,082.15
78.7%
80,000.00
96,214.50
120.3%
135.1% Student Fees
0.00
177,598.30
0.0%
113.7% Rentals
16,000.00
90,441.30
565.3%
57,850.00
58,760.00
101.6% Tuition
40,000.00
64,256.51
160.6%
451,379.00
2,142,245.77
474.6% Other Local Revenue
70,210.00
479,600.71
683.1%
41,446,400.00
39,422,860.31
95.1% 7000 State Subsidies
37,899,740.00
37,707,424.17
99.5%
5,485,717.00
2,480,480.86
5,720,609.00
4,717,110.79
82.5%
0.00
80,661.75
124,100.00
131,156.84
105.7%
45.2% 8000 Federal Subsidies
0.0% 9000 Other Financing Sources
223,077,924.00
222,978,938.70
100.0%
TOTAL RECEIPTS
211,813,344.00
216,687,620.52
102.3%
259,871,146.00
261,045,255.80
100.5%
TOTAL FUNDS AVAILABLE
236,241,018.00
250,636,537.72
106.1%
***EXPENDITURES***
INSTRUCTION
102,000,752.16
98,103,530.78
96.2% 1100 Regular Program
92,718,840.00
91,825,290.69
99.0%
37,886,937.08
37,245,182.04
98.3% 1200 Special Ed Program
34,571,425.00
34,270,251.55
99.1%
3,725,500.00
3,494,084.98
93.8% 1300 Vocational‐Technical
3,679,879.00
3,680,379.00
100.0%
333,756.50
195,591.66
58.6% 1400 Other Instructional Prog.
1,523,172.00
311,303.89
20.4%
11,700.00
609.25
11,700.00
0.00
0.0%
111,035.00
108,783.76
113,404.00
94,642.87
83.5%
144,069,680.74
139,147,782.47
132,618,420.00
130,181,868.00
98.2%
7,687,598.00
7,723,107.77
100.5%
5,198,345.00
5,679,712.09
109.3%
12,670,966.00
11,674,675.71
92.1%
2,634,486.00
2,558,230.12
97.1%
3,973,640.00
2,331,389.61
58.7%
5.2% 1500 Nonpublic School Programs
98.0% 1800 Pre School
96.6%
Instruction Sub Total
SUPPORT SERVICES
8,235,291.97
8,184,550.79
6,178,828.16
6,175,942.60
12,815,159.79
12,094,537.72
2,629,874.47
2,634,276.36
3,112,399.36
2,683,609.57
99.4% 2100 Pupil Personnel Services
100.0% 2200 Instructional Support
94.4% 2300 Administrative Services
100.2% 2400 Pupil Health Services
86.2% 2500 Business Services
15,154,134.36
14,731,241.29
97.2% 2600 Operation & Maintenance
14,757,831.00
14,336,995.41
97.1%
14,760,258.93
13,337,539.29
90.4% 2700 Pupil Transportation Svcs
14,452,932.00
13,346,808.24
92.3%
1,798,026.81
1,642,229.81
91.3% 2800 Data Processing Services
1,572,286.00
1,487,304.53
94.6%
388,768.44
366,030.08
344,079.00
360,328.56
104.7%
65,072,742.29
61,849,957.51
63,292,163.00
59,498,552.04
94.0%
2,438,022.00
2,518,237.63
103.3%
59,539.00
21,470.78
36.1%
0.00
405,361.73
0.0%
2,497,561.00
2,945,070.14
117.9%
99.1%
94.2% 2900 Other Support Services
95.0%
Support Services Sub Totals
NONISTRUCTIONAL SVCS
2,475,501.34
2,739,765.73
69,557.04
29,840.12
213,500.00
200,084.65
2,758,558.38
2,969,690.50
13,985,000.00
14,168,632.61
0.00
3,031,442.94
0.00
1,020.21
110.7% 3200 Student Activities
42.9% 3300 Community Services
93.7% 4600 Improvement Exist Building
107.7%
Noninstructional Svc Sub‐Totals
OTHER FINANCING USES
101.3% 5100 Debt Service
13,943,289.00
13,811,303.92
0.0% 5200 Fund Transfers
0.00
0.00
0.0%
0.0% 5800 Suspense Account
0.00
880,415.00
0.0%
1,150,000.00
0.00
15,135,000.00
17,201,095.76
113.7%
0.0% 5900 Budgetary Reserve
227,035,981.41
221,168,526.24
97.4%
32,835,164.59
39,876,729.56
2,500,000.00
0.00
0.0%
Other Uses Sub‐Totals
16,443,289.00
14,691,718.92
89.3%
TOTAL EXPENDITURES
214,851,433.00
207,317,209.10
96.5%
Current Ending Fund Balance
21,389,585.00
43,319,328.62
G:\Business Office\_DirBusiness\FinanceCommittee\2014-2015\GenFundFinRprts2014-15.xlsxRev-Exp June 15
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