2012-13 budget review january 14, 2014 2012-13 local revenues (budget / actual)
TRANSCRIPT
2012-13 Budget Review
January 14, 2014
2012-13 Local Revenues (Budget / Actual)
7000 Function Description 2012-13 Budget 2012-13 Actual Over(Under)
7110 Basic Education Subsidy 28,480,133$ 30,477,217$ 1,997,084$ 7160 Private/Home Tuition 250,000 427,850 177,850 7220 Vocational Ed Subsidy 65,000 269 (64,731) 7271 Special Education Subsidy 6,800,755 7,132,510 331,755 7310 Transportation Subsidy 2,074,131 2,237,006 162,875 7320 Rental & Sinking Fund Subsidy 1,834,022 1,926,816 92,794 7330 Medical & Dental Subsidy 280,000 271,567 (8,433) 7501 Accountability Block Grant 727,700 727,700 - 7810 Social Security 3,166,856 3,300,897 134,041
43,678,597 46,501,832 2,823,235
7340 Property Tax Reduction 5,141,702 5,141,702 - 7820 Retirement 5,488,102 5,581,718 93,616
Total State Revenue 54,308,401$ 57,225,252$ 2,916,851$
2012-13 State Revenues (Budget / Actual)
2012-13 Federal & Other Revenues (Budget / Actual)
2012-13 Revenue Summary
Function DescriptionBudget 2012-13
Actual 2012-13
6000 Local Sources $ 94,200,946 $ 95,266,196
7000 State Sources 54,308,401 57,225,252
8000 Federal Sources 6,069,416 8,580,039
9000 Other Sources 1,818,000 2,400,587
$ 156,396,763 $ 163,472,074
2012-13 Expenditures (Budget vs Actual – by Function)
2012-13 Actual Revenue & Expenditure Summary
REVENUES EXPENDITURES
DescriptionActual 2012-13
Local Revenue $ 95,266,196
State Revenue 57,225,252
Federal Revenue
8,580,039
Other Revenue 2,400,587
TOTAL REVENUE
$ 163,472,074
DescriptionActual 2012-13
Instruction $ 104,326,919
Support Services
44,607,237
Non-instructional Services
4,510,659
Other Expenditures
7,575,077
TOTAL EXPENDITURES $
161,019,892
SURPLUS = $2,452,182
Fund Balance SummaryTotal Fund Balance @ 6/30/2012 $ 12,597,788
Net Change 2013 – Surplus 2,452,182
Total Fund Balance @ 6/30/2013 $ 15,049,970
Non-Spendable Fund Balance $ 385,330
Committed Fund Balance –2013-14 Budget 2,600,000
Assigned Fund Balance 4,269,390
Unreserved Fund Balance 7,795,250
Total Fund Balance $ 15,049,970
Upper Darby School District
January 14, 2014