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Beaumont Unified School District Our Focus…Our Kids Investing in 21 st Century Learning 2011/2012 Unaudited Actuals Dr. Barry Kayrell, Superintendent Carmen.

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Presentation on theme: "Beaumont Unified School District Our Focus…Our Kids Investing in 21 st Century Learning 2011/2012 Unaudited Actuals Dr. Barry Kayrell, Superintendent Carmen."— Presentation transcript:

1 Beaumont Unified School District Our Focus…Our Kids Investing in 21 st Century Learning 2011/2012 Unaudited Actuals Dr. Barry Kayrell, Superintendent Carmen Meza, Director of Fiscal Services Board Meeting– September 11, /7/121

2 Unaudited Actuals 2011/2012 Fiscal Year Final End of Fiscal Year Actuals Numbers prior to Audit Must be Reported to County Schools by September 15. Change to 2011/12 Ending Balance Adjustment to 2012/13 Beginning Balance Comparison of Estimated Actuals and Unaudited Actuals Unspent Carryover to Next Year Budget 9/7/12 2

3 Unaudited Actuals 2011/12 Fiscal Year UnrestrictedRestrictedTotal Revenues49,141, ,368, ,510, Expenditures41,771, ,202, ,973, Excess (Deficiency) of Revenues Over Expenditures Before Other Financing Sources & Uses 7,370,019.61(4,833,211.68)2,536, Other Financing Sources/Uses(5,500,786.30)5,525, , Net Increase (Decrease) in Fund Balance1,869, , ,561, Beginning Balance July 1, ,970, ,612, ,582, Audit Adjustments0.00 Audited Beginning Balance as of July 1, ,970, ,612, ,582, Ending Fund Balance June 30, ,839, ,305, ,144, /7/12 3

4 Unaudited Actuals vs. Estimated Actuals 2011/2012 Fiscal Year DESCRIPTIONESTIMATED ACTUALSUNAUDITED ACTUALSDIFFERENCEREASONS Revenue Limit42,939, ,967, , Federal Revenue5,141, ,590,326.34(551,545.66) Deferred Revenue Other State Revenue7,573, ,992, , Special Ed-Mental Health Other Local Revenue3,195, ,959, , Redevelopment TOTAL REVENUES58,850, ,510, , Certificated Salaries28,598, ,596,276.68(2,670.32) Classified Salaries8,715, ,687,993.61(27,570.39) Employee Benefits11,262, ,118,692.71(144,107.29) Book & Supplies3,424, ,351,721.46(1,072,811.54) Categoricals –Carryover Services & Other Operating Expend.6,679, ,996,847.80(682,182.20) Categoricals –Carryover Capital Outlay150, ,667.38(112,680.62) Other Outgo390, ,022.02(0.98) Direct/Indirect(226,207.00)(205,848.96)20, Indirect Cost not charged to Categoricals TOTAL EXPENDITURES58,995, ,973,372.70(2,021,665.30) Interfund Transfers In0.0025, % Admin Fee to Developer Fees Fund Interfund Transfers Out(539.00)(786.00)(247.00) MAA Revenue transferred to Adult Ed. TOTAL OTHER(539.00)25, , /7/12 4

5 Ending Balance Designations 2011/2012 Fiscal Year Ending Balance – June 30, ,839, ,305, ,144, Designated for Economic Uncertainties6,425, ADA per ADA3,744, Budget Contingencies2,252, Vacation Liability450, Reserve for Revolving Cash10, BTA Health & Welfare Pool231, Advanced Placement Federal Grant29, Computer Replacement Plan (5 to 10Years)195, F & E Replacement Plan (25 to 30 Years)250, ADA Incentive110, Medical Administrative Activities (MAA)96, Tier III Discretionary100, Donations22, Swept Fund from Adult Education288, Morgan Hart601, Lottery Unrestricted30, English Language Acquisition Program 17, Lottery Restricted 193, Special Educ - Mental Health 379, Economic Impact Aid/School Compensatory Educ. 237, Economic Impact Aid/ 205, ASES - Attendance Development Incentive 1, Weyerhaeuser Company Grant Redevelopment 1,269, TOTAL14,839, ,305, ,144, /7/12 5

6 Cash Flow & Ending Balance State Revenue Deferral for FY 2010/11 to FY 2012/13 State Revenue Deferral for FY 2011/12 to FY2012/ % 38.40% Current CASH in hand (20% of Ending Balance)2.9 mil District is borrowing internally at this time District may have to borrow from an outside sources in the second half of the fiscal year. Borrowing is not free 9/7/12 6

7 Unaudited Actual Questions? 9/7/12 7


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