North Penn School District
GENERAL FUND REPORT
Financials - December 2013
STATEMENT OF REVENUE AND EXPENDITURES
December 1, 2013 ‐ December 31, 2013
Beginning Balance, December 1, 2013
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
$ 396,319.72
$ 1,453,827.32
$ ‐
$ ‐
$ 1,145,960.74
$ 174,302.14
$ 101,161.26
$ 19,304.42
$ 11,920.00
$ 1,320.00
$ 757.72
$ 21,750.43
$ ‐
$ 8,870.68
$ 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
$ ‐
$ ‐
$ 977,383.00
$ ‐
$ ‐
$ 334,337.32
$ 1,185,721.16
$ 125,263.66
$ ‐
Revenue & Beginning Fund Balance
$ 143,006,463.51
$ 7,101,450.57
$ 150,107,914.08
EXPENDITURES
Regular Instruction
Special Education
$ 6,943,501.66
$ 2,422,772.65
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
$ ‐
$ 10,553.60
$ ‐
$ 4,311.86
$ 589,565.62
$ 383,539.09
$ 825,109.76
$ 205,316.17
$ 144,296.64
$ 1,094,699.38
$ 1,154,111.94
$ 293,827.69
$ 423,234.32
$ ‐
$ ‐
$ ‐
Ending Fund Balance, December 31, 2013
ASSETS
Cash & Cash Equivalents
Investments
Payroll
Tax Escrow Account
Taxes Receivable
Interfund Receivable
State Subsidies Receivable
Federal Subsidies Receivable
Other Accounts Receivable
$ 134,888,840.76
$ 2,737,606.52
$ ‐
$ 3,424,333.55
$ 2,523,941.85
$ 1,341,498.54
$ 2,967,180.35
$ 697,360.41
$ 183,368.52
Blue Cross Deposit & SEPaST
Prescription Trust
Inventory
$ ‐
$ ‐
$ 198,833.24
Total Assets
$ 148,962,963.74
LIABILITIES
Judgements Payables
Accounts Payable
Prior Year Payables
Accrued Salaries, Benefits, Taxes
Deferred Revenues
$ 3,424,310.08
$ 608,866.82
$ ‐
$ 6,717,256.29
$ 2,599,456.85
Less:Total Liabilities
$ 13,349,890.04
Fund Balance‐Inventory
Fund Balance‐Blue Cross
Fund Balance ‐ Medical
Fund Balance‐PSERS
Fund Balance‐Unrestricted
$ 192,286.29
$ ‐
$ 2,700,000.00
$ 13,406,187.00
$ 17,650,443.91
Equals: Fund Equity
$ 135,613,073.70
$ 14,494,840.38
$ 135,613,073.70
G:\Business Office\_DirBusiness\FinanceCommittee\2013-2014\GenFundFinRprts2013-14
North Penn School District
TREASURER'S REPORT
GENERAL FUND REVENUE AND EXPENDITURES
December 2013
2013-2014 Budget
Dec 31, 2013-YTD
% of Budget
24,427,674.00
33,948,917.20
149,022,685.00
148,847,224.31
600,000.00
1,616,396.44
215,000.00
203,424.46
13,000,000.00
7,238,234.41
55.7% Earned Income Tax
2,000,000.00
1,442,053.24
72.1% Real Estate Transfer Tax
2,800,000.00
225,000.00
1,191,477.67
99,616.49
139.0%
Description
Beginning Fund Balance
99.9% Real Estate Tax
269.4% Interim Real Estate Tax
94.6% Public Utility Reality Tax
42.6% Deliquent Taxes
44.3% Interest on Investments
73.6% Athletic Events
2012-2013 Budget
Dec 31, 2012-YTD % of Budget
23,483,279.00
$28,647,950.00
122.0%
144,805,430.00
145,047,229.97
100.2%
600,000.00
198,710.12
33.1%
200,000.00
219,282.11
109.6%
13,104,708.00
6,254,090.87
47.7%
1,950,000.00
898,497.13
46.1%
2,300,000.00
1,456,323.36
63.3%
300,000.00
125,627.16
41.9%
87,000.00
71,074.90
81.7%
0.00
20,475.00
0.0%
11,310.75
94.3%
80,000.00
58,853.00
20,000.00
23,128.00
115.6% Student Fees
16,000.00
42,295.46
264.3% Rentals
12,000.00
40,000.00
61,637.50
154.1% Tuition
40,000.00
55,992.50
140.0%
50,210.00
184,069.41
366.6% Other Local Revenue
86,210.00
190,582.70
221.1%
37,899,740.00
18,461,305.35
48.7% 7000 State Subsidies
34,677,163.00
17,777,053.60
51.3%
5,720,609.00
1,072,826.25
6,054,420.00
2,420,974.63
40.0%
124,100.00
0.00
625,000.00
3,013.47
0.5%
18.8% 8000 Federal Subsidies
0.0% 9000 Other Financing Sources
211,813,344.00
180,542,541.99
85.2%
TOTAL RECEIPTS
204,841,931.00
174,750,238.27
85.3%
236,241,018.00
214,491,459.19
90.8%
TOTAL FUNDS AVAILABLE
228,325,210.00
203,398,188.27
89.1%
***EXPENDITURES***
INSTRUCTION
92,718,840.00
33,356,139.51
36.0% 1100 Regular Program
87,648,684.00
32,007,291.41
36.5%
34,571,425.00
11,941,052.76
34.5% 1200 Special Ed Program
32,524,598.00
11,841,793.97
36.4%
3,679,879.00
1,756,056.50
3,713,487.00
1,789,932.96
48.2%
1,523,172.00
129,416.24
1,301,299.00
444,559.45
34.2%
11,700.00
0.00
0.0% 1500 Nonpublic School Programs
10,933.00
8,506.55
77.8%
0.00
0.00
0.0% 1700 Dual Enrollment
0.00
0.00
0.0%
113,404.00
46,115.43
0.00
15,732.94
0.0%
132,618,420.00
47,228,780.44
125,199,001.00
46,092,084.34
36.8%
35.5%
47.7% 1300 Vocational‐Technical
8.5% 1400 Other Instructional Prog.
40.7% 1800 Pre School
35.6%
Instruction Sub Total
SUPPORT SERVICES
7,687,598.00
3,064,484.12
39.9% 2100 Pupil Personnel Services
7,574,511.00
2,691,800.81
5,198,345.00
2,363,321.22
45.5% 2200 Instructional Support
4,611,518.00
2,069,289.47
44.9%
12,670,966.00
5,352,429.99
42.2% 2300 Administrative Services
12,253,110.00
5,060,756.62
41.3%
36.8%
2,634,486.00
945,001.37
35.9% 2400 Pupil Health Services
2,483,929.00
913,501.96
3,973,640.00
1,121,883.31
28.2% 2500 Business Services
3,258,537.00
1,081,516.27
33.2%
14,757,831.00
6,705,015.93
45.4% 2600 Operation & Maintence
15,070,918.00
6,467,203.12
42.9%
14,452,932.00
5,038,598.15
34.9% 2700 Pupil Transportation Svcs
14,293,909.00
5,134,194.75
35.9%
1,572,286.00
766,054.94
48.7% 2800 Data Processing Services
1,654,819.00
717,974.08
43.4%
344,079.00
187,472.11
63,292,163.00
25,544,261.14
2,438,022.00
1,223,844.13
59,539.00
5,742.82
0.00
207,423.87
2,497,561.00
1,437,010.82
54.5% 2900 Other Support Services
201,650.00
185,970.86
92.2%
61,402,901.00
24,322,207.94
39.6%
2,342,098.00
1,027,781.30
43.9%
63,971.00
2,835.30
4.4%
0.0% 4600 Improvement Exist Building
167,300.00
92,717.00
55.4%
57.5% Noninstructional Svc Sub‐Totals
2,573,369.00
1,123,333.60
43.7%
40.4%
Support Services Sub Totals
NONISTRUCTIONAL SVCS
50.2% 3200 Student Activities
9.6% 3300 Community Services
OTHER FINANCING USES
13,943,289.00
4,123,752.09
0.00
0.00
0.00
29.6% 5100 Debt Service
15,962,669.00
4,131,631.33
25.9%
0.0% 5200 Fund Transfers
0.00
2,172,703.81
0.0%
544,581.00
0.0% 5800 Suspense Account
0.00
393,273.00
0.0%
2,500,000.00
0.00
0.0% 5900 Budgetary Reserve
2,500,000.00
16,443,289.00
4,668,333.09
28.4%
Other Uses Sub‐Totals
18,462,669.00
6,697,608.14
36.3%
214,851,433.00
78,878,385.49
36.7%
TOTAL EXPENDITURES
207,637,940.00
78,235,234.02
37.7%
21,389,585.00
135,613,073.70
Current Ending Fund Balance
20,687,270.00
125,162,954.25
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