North Penn School District
GENERAL FUND REPORT
Financials - April 14
STATEMENT OF REVENUE AND EXPENDITURES
April 1, 2014 ‐ April 30, 2014
Beginning Balance, March 31, 2014
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
$ ‐
$ 49,017.76
$ ‐
$ ‐
$ 1,056,886.60
$ 144,212.28
$ 782,900.84
$ 11,609.83
$ 516.50
$ 15,024.00
$ ‐
$ 11,343.50
$ ‐
$ 31,969.82
$ 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
$ ‐
$ ‐
$ ‐
$ ‐
$ ‐
$ 331,868.57
$ (25,239.19)
$ 176,456.54
$ 704.19
Revenue & Beginning Fund Balance
EXPENDITURES
Regular Instruction
Special Education
$ 6,978,339.48
$ 2,482,763.29
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
$ 1,084,317.75
$ 20,248.64
$ ‐
$ 7,190.78
$ 600,462.46
$ 389,677.57
$ 853,090.58
$ 233,592.63
$ 81,651.57
$ 1,088,054.32
$ 1,197,572.98
$ 107,714.75
$ 323,361.20
$ 28,082.63
$ ‐
$ ‐
Ending Fund Balance, April 30, 2014
$ 96,548,785.85
$ 3,730,522.24
$ 100,279,308.09
ASSETS
Cash & Cash Equivalents
Investments
Payroll
Tax Escrow Account
Taxes Receivable
Interfund Receivable
State Subsidies Receivable
Federal Subsidies Receivable
Other Accounts Receivable
$ 86,048,644.94
$ 705,102.75
$ ‐
$ 3,387,377.31
$ 2,523,941.85
$ 2,010,667.50
$ 2,967,180.35
$ 432,907.24
$ 96,504.12
Blue Cross Deposit & SEPaST
Prescription Trust
Inventory
$ ‐
$ ‐
$ 182,388.90
Total Assets
$ 98,354,714.96
LIABILITIES
Judgements Payables
Accounts Payable
Prior Year Payables
Accrued Salaries, Benefits, Taxes
Deferred Revenues
$ 3,387,525.73
$ 441,230.81
$ 6,951.00
$ 7,116,363.11
$ 2,599,456.85
Less:Total Liabilities
$ 13,551,527.50
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
$ 84,803,187.46
$ 15,476,120.63
$ 84,803,187.46
G:\Business Office\_DirBusiness\FinanceCommittee\2013-2014\GenFundFinRprts2013-14Financial April 2014
North Penn School District
TREASURER'S REPORT
GENERAL FUND REVENUE AND EXPENDITURES
April 30, 2014
2013-2014 Budget
Apr 30, 2014-YTD
% of Budget
24,427,674.00
33,948,917.20
149,022,685.00
149,357,706.45
600,000.00
2,151,356.19
215,000.00
203,424.46
13,000,000.00
12,111,087.81
2,000,000.00
2,035,991.80
2,800,000.00
2,671,707.01
225,000.00
157,495.85
80,000.00
74,297.50
20,000.00
162,268.30
16,000.00
73,709.52
139.0%
Description
Beginning Fund Balance
100.2% Real Estate Tax
358.6% Interim Real Estate Tax
94.6% Public Utility Reality Tax
93.2% Earned Income Tax
101.8% Real Estate Transfer Tax
95.4% Deliquent Taxes
70.0% Interest on Investments
92.9% Athletic Events
811.3% Student Fees
460.7% Rentals
156.9% Tuition
694.0% Other Local Revenue
73.6% 7000 State Subsidies
2012-2013 Budget Apr 30, 2013-YTD % of Budget
23,483,279.00
$28,647,950.00
122.0%
144,805,430.00
144,505,831.63
99.8%
600,000.00
538,889.51
89.8%
200,000.00
219,282.11
109.6%
13,104,708.00
11,623,636.52
88.7%
1,950,000.00
1,465,800.15
2,300,000.00
3,022,367.61
75.2%
131.4%
300,000.00
187,638.78
62.5%
87,000.00
91,062.15
104.7%
0.00
165,792.00
0.0%
12,000.00
25,479.50
212.3%
40,000.00
84,014.27
210.0%
86,210.00
303,210.98
351.7%
34,677,163.00
26,237,904.49
75.7%
6,054,420.00
4,474,028.57
73.9%
625,000.00
3,013.47
0.5%
40,000.00
62,746.51
50,210.00
348,462.55
37,899,740.00
27,890,761.65
5,720,609.00
3,387,427.99
124,100.00
131,156.84
211,813,344.00
200,819,600.43
94.8%
TOTAL RECEIPTS
204,841,931.00
192,947,951.74
94.2%
236,241,018.00
234,768,517.63
99.4%
TOTAL FUNDS AVAILABLE
228,325,210.00
221,595,901.74
97.1%
66.1%
59.2% 8000 Federal Subsidies
105.7% 9000 Other Financing Sources
***EXPENDITURES***
INSTRUCTION
92,718,840.00
61,203,857.16
66.0% 1100 Regular Program
87,648,684.00
57,971,461.09
34,571,425.00
22,983,908.79
66.5% 1200 Special Ed Program
32,524,598.00
22,589,036.21
69.5%
3,679,879.00
3,680,379.00
100.0% 1300 Vocational‐Technical
3,713,487.00
3,741,215.92
100.7%
1,523,172.00
214,128.36
1,301,299.00
866,073.37
66.6%
11,700.00
546.92
10,933.00
9,966.56
91.2%
0.00
113,404.00
0.00
70,912.40
0.00
0.00
0.00
41,154.07
0.0%
0.0%
132,618,420.00
88,153,732.63
125,199,001.00
85,218,907.22
68.1%
64.5%
14.1% 1400 Other Instructional Prog.
4.7% 1500 Nonpublic School Programs
0.0% 1700 Dual Enrollment
62.5% 1800 Pre School
66.5%
Instruction Sub Total
SUPPORT SERVICES
7,687,598.00
5,442,795.69
70.8% 2100 Pupil Personnel Services
7,574,511.00
4,883,754.66
5,198,345.00
4,279,838.15
82.3% 2200 Instructional Support
4,611,518.00
3,537,199.42
76.7%
12,670,966.00
9,127,907.67
72.0% 2300 Administrative Services
12,253,110.00
8,397,644.68
68.5%
2,634,486.00
1,794,476.11
68.1% 2400 Pupil Health Services
2,483,929.00
1,733,028.79
69.8%
3,973,640.00
1,744,161.91
43.9% 2500 Business Services
3,258,537.00
1,807,838.54
55.5%
14,757,831.00
11,515,113.43
78.0% 2600 Operation & Maintence
15,070,918.00
10,728,890.36
71.2%
14,452,932.00
9,561,379.17
66.2% 2700 Pupil Transportation Svcs
14,293,909.00
9,455,994.66
66.2%
1,572,286.00
344,079.00
1,204,475.51
268,473.93
76.6% 2800 Data Processing Services
78.0% 2900 Other Support Services
1,654,819.00
201,650.00
1,143,805.96
199,340.86
69.1%
98.9%
63,292,163.00
44,938,621.57
61,402,901.00
41,887,497.93
68.2%
2,342,098.00
1,713,820.57
73.2%
63,971.00
167,300.00
21,337.31
160,417.00
33.4%
95.9%
2,573,369.00
1,895,574.88
73.7%
15,962,669.00
13,533,244.18
84.8%
0.00
3,878,553.32
0.0%
0.00
2,500,000.00
567,665.00
0.0%
0.0%
Other Uses Sub‐Totals
18,462,669.00
17,979,462.50
97.4%
TOTAL EXPENDITURES
207,637,940.00
146,981,442.53
70.8%
Current Ending Fund Balance
20,687,270.00
74,614,459.21
71.0%
Support Services Sub Totals
NONISTRUCTIONAL SVCS
2,438,022.00
1,914,823.17
59,539.00
0.00
6,500.04
302,531.84
2,497,561.00
2,223,855.05
78.5% 3200 Student Activities
10.9% 3300 Community Services
0.0% 4600 Improvement Exist Building
89.0%
Noninstructional Svc Sub‐Totals
OTHER FINANCING USES
13,943,289.00
13,811,303.92
0.00
0.00
99.1% 5100 Debt Service
0.00
2,500,000.00
837,817.00
0.00
16,443,289.00
14,649,120.92
89.1%
214,851,433.00
149,965,330.17
69.8%
21,389,585.00
84,803,187.46
0.0% 5200 Fund Transfers
0.0% 5800 Suspense Account
0.0% 5900 Budgetary Reserve
G:\Business Office\_DirBusiness\FinanceCommittee\2013-2014\GenFundFinRprts2013-14Rev-Exp April 14