North Penn School District
GENERAL FUND REPORT
Financials March 14
STATEMENT OF REVENUE AND EXPENDITURES
March 1, 2014 ‐ March 31, 2014
Beginning Balance, February 28, 2014
REVENUE
REVENUE
Current Real Estate
$ (1,668.80)
Interim Real Estate
$ 29,365.42
Public Utility R.E. Tax
$ ‐
Payments in Lieu of Tax
$ ‐
Earned Income Tax
$ 965,804.50
Real Estate Transfer Tax
$ 108,936.49
Delinquent Real Estate Tax
$ 312,816.00
Interest Earnings
$ 13,838.34
Athletic Events
$ 4,000.00
Student Fees
$ 120,784.30
Tuition from Patrons
$ ‐
Rentals
$ 5,553.03
Service Local Gov LEAS
$ ‐
Other Local Revenue
$ 20,615.95
$ ‐
Basic Instructional Subsidy
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
$ 984,166.31
$ ‐
$ 406,043.00
$ ‐
$ ‐
$ 337,299.48
$ 2,903,817.04
$ 347,214.00
$ 125,623.15
Revenue & Beginning Fund Balance
$ 6,684,208.21
$ 111,507,178.20
EXPENDITURES
Regular Instruction
Special Education
$ 7,041,240.58
$ 2,895,708.17
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
$ ‐
$ 22,200.53
$ 546.92
$ 1,462.87
$ 590,904.07
$ 430,377.59
$ 900,093.68
$ 220,642.32
$ 256,716.96
$ 1,192,795.52
$ 944,024.51
$ 108,551.37
$ 232,067.32
$ 21,059.94
$ 100,000.00
$ ‐
Ending Fund Balance, March 31, 2014
$ 104,822,969.99
ASSETS
Cash & Cash Equivalents
Investments
Payroll
Tax Escrow Account
Taxes Receivable
Interfund Receivable
State Subsidies Receivable
Federal Subsidies Receivable
Other Accounts Receivable
$ 96,199,225.99
$ 708,488.18
$ ‐
$ 3,387,395.87
$ 2,523,941.85
$ 2,209,344.01
$ 2,967,180.35
$ 432,907.24
$ 131,555.29
Blue Cross Deposit & SEPaST
Prescription Trust
Inventory
$ ‐
$ ‐
$ 182,388.90
Total Assets
$ 108,742,427.68
LIABILITIES
Judgements Payables
Accounts Payable
Prior Year Payables
Accrued Salaries, Benefits, Taxes
Deferred Revenues
$ 3,387,525.73
$ 457,269.43
$ 6,951.00
$ 5,742,438.82
$ 2,599,456.85
Less:Total Liabilities
$ 12,193,641.83
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
$ 96,548,785.85
$ 14,958,392.35
$ 96,548,785.85
G:\Business Office\_DirBusiness\FinanceCommittee\2013-2014\GenFundFinRprts2013-14Financials - March 2014
North Penn School District
TREASURERS REPORT
GENERAL FUND REVENUE AND EXPENDITURES
March 31, 2014
2013-2014 Budget
Mar 31, 2014-YTD
24,427,674.00
33,948,917.20
149,022,685.00
149,357,706.45
600,000.00
2,102,338.43
215,000.00
203,424.46
13,000,000.00
11,054,201.21
2,000,000.00
1,891,779.52
2,800,000.00
1,888,806.17
225,000.00
145,886.02
80,000.00
73,781.00
20,000.00
147,244.30
16,000.00
62,366.02
% of Budget
Description
139.0%
2012-2013 Budget
23,483,279.00
$28,647,950.00
122.0%
144,805,430.00
144,674,891.40
99.9%
600,000.00
321,693.61
53.6%
200,000.00
219,282.11
109.6%
13,104,708.00
10,628,697.25
81.1%
1,950,000.00
1,318,281.59
Beginning Fund Balance
100.2% Real Estate Tax
350.4% Interim Real Estate Tax
94.6% Public Utility Reality Tax
85.0% Earned Income Tax
94.6% Real Estate Transfer Tax
67.5% Deliquent Taxes
Mar 31, 2013-YTD % of Budget
2,300,000.00
64.8% Interest on Investments
92.2% Athletic Events
2,663,802.49
67.6%
115.8%
300,000.00
176,844.65
58.9%
87,000.00
87,603.90
100.7%
0.00
161,332.00
0.0%
389.8% Rentals
12,000.00
23,814.50
198.5%
736.2% Student Fees
40,000.00
62,746.51
156.9% Tuition
40,000.00
64,992.50
162.5%
50,210.00
316,492.73
630.3% Other Local Revenue
86,210.00
281,991.69
327.1%
37,899,740.00
26,440,881.27
69.8% 7000 State Subsidies
34,677,163.00
24,267,924.80
70.0%
5,720,609.00
3,210,971.45
6,054,420.00
4,120,418.99
68.1%
124,100.00
130,452.65
625,000.00
3,013.47
0.5%
211,813,344.00
197,089,078.19
93.0%
TOTAL RECEIPTS
204,841,931.00
189,014,584.95
92.3%
236,241,018.00
231,037,995.39
97.8%
TOTAL FUNDS AVAILABLE
228,325,210.00
217,662,534.95
95.3%
56.1% 8000 Federal Subsidies
105.1% 9000 Other Financing Sources
***EXPENDITURES***
INSTRUCTION
92,718,840.00
54,225,517.68
58.5% 1100 Regular Program
87,648,684.00
51,501,777.90
58.8%
34,571,425.00
20,501,145.50
59.3% 1200 Special Ed Program
32,524,598.00
20,159,015.39
62.0%
3,679,879.00
2,596,061.25
70.5% 1300 Vocational‐Technical
3,713,487.00
2,645,665.46
71.2%
1,523,172.00
193,879.72
12.7% 1400 Other Instructional Prog.
1,301,299.00
765,267.70
58.8%
11,700.00
546.92
10,933.00
9,729.81
89.0%
0.00
0.00
0.00
0.00
0.0%
113,404.00
63,721.62
0.00
33,930.47
0.0%
132,618,420.00
77,580,872.69
125,199,001.00
75,115,386.73
60.0%
57.3%
4.7% 1500 Nonpublic School Programs
0.0% 1700 Dual Enrollment
56.2% 1800 Pre School
58.5%
Instruction Sub Total
SUPPORT SERVICES
7,687,598.00
4,842,333.23
63.0% 2100 Pupil Personnel Services
7,574,511.00
4,341,438.95
5,198,345.00
3,890,160.58
74.8% 2200 Instructional Support
4,611,518.00
3,208,757.00
69.6%
12,670,966.00
8,274,817.09
65.3% 2300 Administrative Services
12,253,110.00
7,570,429.74
61.8%
2,634,486.00
1,560,883.48
59.2% 2400 Pupil Health Services
2,483,929.00
1,523,373.42
61.3%
3,973,640.00
1,662,510.34
41.8% 2500 Business Services
3,258,537.00
1,620,135.83
49.7%
14,757,831.00
10,427,059.11
70.7% 2600 Operation & Maintence
15,070,918.00
9,694,446.55
64.3%
14,452,932.00
8,363,806.19
57.9% 2700 Pupil Transportation Svcs
14,293,909.00
8,387,706.46
58.7%
1,572,286.00
1,096,760.76
69.8% 2800 Data Processing Services
1,654,819.00
1,027,034.96
62.1%
344,079.00
268,473.93
63,292,163.00
40,386,804.71
2,438,022.00
1,591,461.97
59,539.00
6,500.04
0.00
274,449.21
2,497,561.00
1,872,411.22
78.0% 2900 Other Support Services
63.8%
Support Services Sub Totals
201,650.00
199,340.86
98.9%
61,402,901.00
37,572,663.77
61.2%
2,342,098.00
1,460,241.33
62.3%
63,971.00
20,655.11
32.3%
167,300.00
160,417.00
95.9%
2,573,369.00
1,641,313.44
63.8%
NONISTRUCTIONAL SVCS
65.3% 3200 Student Activities
10.9% 3300 Community Services
0.0% 4600 Improvement Exist Building
75.0%
Noninstructional Svc Sub‐Totals
OTHER FINANCING USES
13,943,289.00
13,811,303.92
0.00
0.00
0.00
99.1% 5100 Debt Service
15,962,669.00
13,533,244.18
84.8%
0.0% 5200 Fund Transfers
0.00
3,387,671.77
0.0%
837,817.00
0.0% 5800 Suspense Account
0.00
567,665.00
0.0%
2,500,000.00
0.00
0.0% 5900 Budgetary Reserve
2,500,000.00
16,443,289.00
14,649,120.92
89.1%
214,851,433.00
134,489,209.54
62.6%
21,389,585.00
96,548,785.85
0.0%
Other Uses Sub‐Totals
18,462,669.00
17,488,580.95
94.7%
TOTAL EXPENDITURES
207,637,940.00
131,817,944.89
63.5%
Current Ending Fund Balance
20,687,270.00
85,844,590.06
G:\Business Office\_DirBusiness\FinanceCommittee\2013-2014\GenFundFinRprts2013-14Rev-Exp Mar 14