North Penn School District
GENERAL FUND REPORT
Financials October 13
STATEMENT OF REVENUE AND EXPENDITURES
October 1, 2013 ‐ October 31, 2013
Beginning Balance, October 1, 2013
$ 163,334,311.76
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
$ 6,158,256.70
$ ‐
$ 203,424.46
$ ‐
$ 651,539.14
$ 232,483.89
$ 86,304.11
$ 20,811.19
$ 13,738.00
$ 2,951.00
$ ‐
$ 10,860.00
$ ‐
$ 2,030.40
$ 1,143,251.00
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
$ ‐
$ ‐
$ 324,834.00
$ 2,240,803.15
$ ‐
$ 328,909.67
$ 244,236.44
$ 19,269.74
$ ‐
Revenue & Beginning Fund Balance
$ 11,683,702.89
$ 175,018,014.65
EXPENDITURES
Regular Instruction
Special Education
$ 7,245,110.26
$ 2,401,664.31
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
Other Support Services
Noninstructional Services
Capital Project
Other Finance
Fringe Benefits Suspense
$ 916,051.75
$ 7,003.96
$ ‐
$ 5,540.17
$ 592,457.28
$ 411,562.41
$ 870,370.41
$ 233,010.90
$ 71,134.57
$ 1,316,221.81
$ 1,080,576.29
$ 112,316.82
$ 146,962.20
$ 17,880.07
$ 994.95
$ ‐
Transfer to Capital Reserve effective 6/30/2012
Ending Fund Balance, October 31, 2013
ASSETS
Cash & Cash Equivalents
Investments
Payroll
Tax Escrow Account
Taxes Receivable
Interfund Receivable
State Subsidies Receivable
Federal Subsidies Receivable
Other Accounts Receivable
$ 156,409,799.08
$ 715,014.32
$ ‐
$ 3,424,741.63
$ 2,369,834.85
$ 1,723,943.44
$ 2,967,180.35
$ 771,029.41
$ 131,004.98
Blue Cross Deposit & SEPaST
Prescription Trust
Inventory
$ ‐
$ ‐
$ 211,872.76
Total Assets
$ 168,724,420.82
LIABILITIES
Judgements Payables
Accounts Payable
Prior Year Payables
Accrued Salaries, Benefits, Taxes
Deferred Revenues
$ 3,424,310.08
$ 847,402.18
$ ‐
$ 5,218,202.22
$ 2,445,349.85
Less:Total Liabilities
$ 11,935,264.33
Fund Balance‐Inventory
Fund Balance‐Blue Cross
Fund Balance ‐ Medical
Fund Balance‐PSERS
Fund Balance‐Unrestricted
$ 158,105.56
$ 3,752,906.00
$ 500,000.00
$ 10,206,187.00
$ 18,717,981.53
Equals: Fund Equity
$ 156,789,156.49
$ 15,428,858.16
$ 2,800,000.00
$ 156,789,156.49
G:\Business Office\_DirBusiness\FinanceCommittee\2013-2014\GenFundFinRprts2013-14
North Penn School District
TREASURER'S REPORT
GENERAL FUND REVENUE AND EXPENDITURES
October 31, 2013
2013-2014 Budget
October 31, 2013% of Budget
YTD
24,427,674.00
33,335,180.09
149,022,685.00
144,823,749.46
600,000.00
57,629.12
215,000.00
203,424.46
13,000,000.00
4,168,922.64
2,000,000.00
2,800,000.00
225,000.00
1,030,074.52
946,465.03
61,329.67
80,000.00
36,832.00
20,000.00
23,128.00
16,000.00
17,810.03
73.3%
Description
Beginning Fund Balance
97.2% Real Estate Tax
9.6% Interim Real Estate Tax
94.6% Public Utility Reality Tax
32.1% Earned Income Tax
51.5% Real Estate Transfer Tax
33.8% Deliquent Taxes
27.3% Interest on Investments
46.0% Athletic Events
115.6% Student Fees
111.3% Rentals
143.3% Tuition
244.4% Other Local Revenue
36.3% 7000 State Subsidies
2012-2013 Budget
Oct 31, 2012-YTD % of Budget
23,483,279.00
34,458,674.70
146.7%
144,805,430.00
139,557,475.14
96.4%
600,000.00
45,209.86
7.5%
200,000.00
219,282.11
109.6%
13,104,708.00
3,730,274.00
28.5%
1,950,000.00
629,778.67
300,000.00
74,106.62
32.3%
54.3%
24.7%
87,000.00
62,939.00
72.3%
0.00
16,231.00
0.0%
12,000.00
8,570.00
71.4%
40,000.00
55,257.50
138.1%
86,210.00
139,466.51
161.8%
34,677,163.00
13,096,720.97
37.8%
6,054,420.00
1,127,776.23
18.6%
625,000.00
1,113.47
0.2%
2,300,000.00
1249476.24
40,000.00
57,317.50
50,210.00
122,706.84
37,899,740.00
13,771,591.19
5,720,609.00
680,340.29
124,100.00
0.00
211,813,344.00
166,001,320.75
78.4%
TOTAL RECEIPTS
204,841,931.00
160,013,677.32
78.1%
236,241,018.00
199,336,500.84
84.4%
TOTAL FUNDS AVAILABLE
228,325,210.00
194,472,352.02
85.2%
16.9% 1100 Regular Program
87,648,684.00
15,853,743.89
18.1%
32,524,598.00
5,596,897.21
17.2%
3,713,487.00
1,789,932.96
48.2%
1,301,299.00
214,764.25
16.5%
10,933.00
8,433.55
77.1%
0.00
0.00
0.00
6,593.59
0.0%
0.0%
125,199,001.00
23,470,365.45
18.7%
18.2%
11.9% 8000 Federal Subsidies
0.0% 9000 Other Financing Sources
***EXPENDITURES***
INSTRUCTION
92,718,840.00
15,697,202.36
34,571,425.00
5,761,375.91
16.7% 1200 Special Ed Program
3,679,879.00
1,756,056.50
47.7% 1300 Vocational‐Technical
1,523,172.00
91,482.04
11,700.00
0.00
0.00
113,404.00
0.00
11,824.28
132,618,420.00
23,317,941.09
6.0% 1400 Other Instructional Prog.
0.0% 1500 Nonpublic School Programs
0.0% 1700 Dual Enrollment
10.4% 1800 Pre School
17.6%
Instruction Sub Total
SUPPORT SERVICES
7,687,598.00
1,585,926.80
20.6% 2100 Pupil Personnel Services
7,574,511.00
1,378,207.82
5,198,345.00
1,384,899.82
26.6% 2200 Instructional Support
4,611,518.00
1,152,632.86
25.0%
12,670,966.00
3,119,799.53
24.6% 2300 Administrative Services
12,253,110.00
3,086,897.18
25.2%
2,634,486.00
398,782.72
15.1% 2400 Pupil Health Services
2,483,929.00
392,607.88
15.8%
3,973,640.00
682,710.21
17.2% 2500 Business Services
3,258,537.00
616,789.59
18.9%
14,757,831.00
4,028,152.37
27.3% 2600 Operation & Maintence
15,070,918.00
4,118,451.60
27.3%
14,452,932.00
2,194,855.32
15.2% 2700 Pupil Transportation Svcs
14,293,909.00
2,238,142.19
15.7%
1,572,286.00
344,079.00
499,328.05
1.21
31.8% 2800 Data Processing Services
0.0% 2900 Other Support Services
1,654,819.00
201,650.00
466,960.75
0.00
28.2%
0.0%
63,292,163.00
13,894,456.03
61,402,901.00
13,450,689.87
21.9%
2,342,098.00
372,626.39
15.9%
63,971.00
167,300.00
497.95
34,977.00
0.8%
20.9%
2,573,369.00
408,101.34
15.9%
15,962,669.00
4,131,603.43
25.9%
0.00
632,428.07
0.0%
0.00
2,500,000.00
393,273.00
0.00
0.0%
0.0%
22.0%
Support Services Sub Totals
NONISTRUCTIONAL SVCS
2,438,022.00
487,590.15
59,539.00
0.00
0.00
195,244.31
2,497,561.00
682,834.46
20.0% 3200 Student Activities
0.0% 3300 Community Services
0.0% 4600 Improvement Exist Building
27.3%
Noninstructional Svc Sub‐Totals
OTHER FINANCING USES
13,943,289.00
4,107,531.77
0.00
0.00
29.5% 5100 Debt Service
0.00
2,500,000.00
544,581.00
0.00
16,443,289.00
4,652,112.77
28.3%
Other Uses Sub‐Totals
18,462,669.00
5,157,304.50
27.9%
214,851,433.00
42,547,344.35
19.8%
TOTAL EXPENDITURES
207,637,940.00
42,486,461.16
20.5%
21,389,585.00
156,789,156.49
Current Ending Fund Balance
20,687,270.00
151,985,890.86
0.0% 5200 Fund Transfers
0.0% 5800 Suspense Account
0.0% 5900 Budgetary Reserve
G:\Business Office\_DirBusiness\FinanceCommittee\2013-2014\GenFundFinRprts2013-14