board of education meeting january 16, 2013 celebrations ... · 1/16/2013 · 8. robotics i...
TRANSCRIPT
Board of Education Meeting January 16, 2013
The Board of Education met in regular session at 5:30 PM in the Whittier Primary Gym.
President Pochard called the meeting to order. Present were: Mr. Pochard, Dr. Siebenaler Wilson, Mrs. Dysinger, Mrs. Lockard, Mrs. Jane Robertson, Superintendent Wittwer, and Treasurer Barnhart.
CELEBRATIONS
Mrs. Chesebro celebrated her students. Teachers Kim Plesec and Sara Cleary gave a presentation. Mr. Pochard celebrated that Middle School enrollment is up 14. Mr. Pochard and Mrs. Lockard commended Mrs. King for her Martin Luther King work as noted in today’s Courier.
PUBLIC PARTICIPATION
Angela Dittman, FEA representative, updated the Board on Race to The Top. 48% of the budget remains.
PUBLIC HEARING
Mr. Pochard read a statement explaining the Board’s consideration to rehire Dr. Wittwer and the retire/rehire process. Grant Russel spoke in favor of re-employing Dr. Wittwer. Angela Dittman also spoke in favor of re-employing Dr. Wittwer. Mr. Pochard then read a closing statement inviting the public to contact board members with additional comments. He indicated the Board would discuss and vote at their 2/11/13 Board of Education meeting.
2013-01-011 Approval of Minutes
It was moved by Mrs. Lockard, seconded by Dr. Siebenaler Wilson to approve the minutes of the organizational meeting on January 7, 2013.
Roll call: Mrs. Lockard, aye; Dr. Siebenaler Wilson, aye; Mrs. Dysinger, aye; Mr. Pochard, aye; Mrs. Robertson, aye. President Pochard declared the motion carried.
CORRESPONDENCE
Dr. Wittwer presented the Board with certificates of appreciation in relation to School Board Recognition month.
2013-01-012 Consent Items A-N
It was moved by Mrs. Robertson, seconded by Mrs. Dysinger to approve consent items A-N.
CERTIFICATED PERSONNEL
A. Correction
Brenda Boster Middle School Power of the Pen Coach – Glenwood From: Fulltime (100%) @ $1,071.46 To: Halftime (50%) @ $535.73 Effective: August 22, 2012
B. Resignation
Brenda Boster Dept. Chair - Language Arts 8th Grade (6-8) (1/3 time)-50% Reason: Personal Effective: January 11, 2013
Lori Hunt Dept. Chair - Language Arts 7th Grade (6-8) (1/3 time)-50% Reason: Personal Effective: January 11, 2013
C. Appointments
The superintendent recommends approval of the following appointments, at salaries in accordance with the adopted salary schedules; and contingent upon subsequent receipt by the Board of a report B.C.I. which is not inconsistent with the applicant’s answers on the employment application:
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1. Reading Intervention Block Grant Aide (Certified) @ $9.41/hour
Alycia Althaus – Bigelow Hill
2. Home Instructor – Step 0 @ $21.25/hour (2012-2013 School Year)
Rhonda Simons
3. FIP 3-Day Training for 3 Hours/Day @ $21.25/hour on Nov 15, 2012, Feb 7 and Apr 25, 2013 (Acct# 506-1100-111-9013)
Maribeth Geaman
4. Smart Board Instructor @ $21.25/hour for 40hrs plus prep for 5-8hr sessions (Acct.# 506-1100-111-9013)
Karen Ouwenga
5. Smart Board Instructor Asst @ $21.25/hour for 32hrs (no prep) for 4 sessions (Acct.# 506-1100-111-9013)
Ellen Laube
6. Elementary Engineers I Instructor, Step 1 @ $21.25/hour – Saturday mornings, January 12 – March 16, 2013 (10 weeks, not to exceed 30 hours)
Kyle Watts
7. Elementary Engineers II Instructor, Step 2 @ $21.82/hour – Saturday mornings, January 12 – March 16, 2013 (10 weeks, not to exceed 30 hours)
Laura Finey
8. Robotics I Instructor @ $21.25/hour on Wednesday afternoons from February 6-April 17, 2013 (10 wks) not to exceed 30 hours
Loveda VanDerMolen
9. Robotics II Instructor @ $21.25/hour on Tuesday afternoons from February 5-April 16, 2013 (10 wks) not to exceed 30 hours
Shelly Gilbert
10. Supplemental Duty Assignments – Certificated Personnel for 2013-2014 School Year
Bill Barberree - J.V. (Assistant) Baseball Coach – FHS @ $3,675.93 Brenda Boster - Dept. Chair - Language Arts (6-8) - 1/3 Time (50%) @ $241.77 James (Andy) Cantrell - Musical Assistant Director – FHS @ $2,818.76 Sherri Federici - Dept. Chair - Language Arts (6-8) - 1/3 Time (50%) @ $241.77 Jon Gaberdiel - Musical Scenery – FHS @ $972.56 Lori Hunt - Dept. Chair - Language Arts (6-8) - 1/3 Time (50%) @ $131.87 Tim Mattis - Musical Orchestral Director – FHS @ $1,631.92 Heather Nusbaum - Dept. Chair - Language Arts (6-8) - 1/3 Time (50%) @ $131.87 Dan Pack - Assistant Girls' Track Coach – FHS @ $3,016.57 Brian Rosendale - Head Boys' Track Coach – FHS @ $4,467.16 Jeff Stutzman - Head Baseball Coach – FHS @ $4,467.16 Barb Tardibuono - Assistant Girls' Track Coach – FHS @ $3,675.93 Loveda VanDerMolen - Middle School Power of the Pen Coach - Glenwood (50%) @ $535.73 Craig VanRenterghem - Musical Vocal Director – FHS @ $1,631.92 Jason Wagner - Musical Light/Sound – FHS @ $972.56
11. Volunteer – 2012-2013 Certified Club Advisors/Helpers
Michael Magnes – Volunteer Varsity Baseball Coach Jaren Stutzman – Volunteer Varsity Baseball Coach Jason Wagner – Volunteer Ski Club Advisor
CLASSIFIED PERSONNEL
D. Leave of Absence (will use paid sick time, if available)
The superintendent recommends that a leave of absence, with pay, be granted to the following classified personnel:
Michael Colburn (FHS, Custodian) Effective: 1/3/2013 – 1/13/2013 Reason: FLMA
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Rhonda Waldman (Lincoln, Library Aide) Effective: 1/3/2013 – 1/13/2013 Reason: FMLA
E. Resignation
Kyle Vajen (Bus Driver, Transportation)(4 months) Reason: Personal Effective: 12/10/12
F. Appointments
The superintendent recommends approval of the following appointments, at salaries in accordance with the adopted salary schedules, and contingent upon subsequent receipt by the Board of a report from B.C.I. which is not inconsistent with the applicant’s answers on the employment application:
1. Substitute and/or Per Diem Employees
Kathryn Finneran – Substitute Custodian @ $10.30/hour Wendy Laytart – Substitute Nurse @ $19.23/hour Laura McGirr – Substitute Nurse @ $19.23/hour Mark Shoemaker – Substitute Custodian @ $10.30/hour
2. Supplemental Duty Assignments – Non-Certificated Personnel
WHEREAS, in accordance with the provision of the Ohio Revised Code 3313.53, the duly appointed representatives of the Findlay Board of education have offered the following extra-duty positions, listed below, to the certificated employees of the district and have advertised the positions to certificated personnel not employed by the district, and
WHEREAS, no qualified certificated individuals have been found for these positions,
NOW BE IT THEREFORE RESOLVED, that the Findlay Board of Education hereby deems it appropriate to employ non-certificated personnel for the specified positions for a period not to exceed one (1) year and that the compensation shall be according to the adopted salary schedule for said position(s):
Stacie Miller - Head 8th Grade Girls' Basketball Coach – Glenwood @ $3,197.90 Bob Moran - Assistant Boys' Track Coach – FHS @ $3,016.57 Sean Swisher - Head Boys' Tennis Coach – FHS @ $3,016.57 Ashley Willford - Musical Choreographer – FHS @ $972.56
3. Volunteer – 2012-2013 Classified Club Advisors/Helpers
Jeff Hook – Volunteer Varsity Baseball Coach Britton McClintock – Volunteer JV (Assistant) Baseball Coach James Smith – Automotive Technology Class Volunteer Isaac Steinhour – Musical Volunteer
G. Approval of Global Science Course of Study
The Superintendent recommends approval of the Global Science Course of Study as presented to the Board of Education at the December 10, 2012 board meeting as EXHIBIT A.
H. Approval of Mathematics and Money with Algebra Course of Study
The Superintendent recommends approval of the Mathematics and Money with Algebra Course of Study as presented to the Board of Education at the December 10, 2012 board meeting as EXHIBIT B.
I. Approval of ACT/SAT Math Preparation Course of Study
The Superintendent recommends approval of the ACT/SAT Math Preparation Course of Study as presented to the Board of Education at the December 10, 2012 board meeting as EXHIBIT C.
J. Approval of New FY13 Student Council Activity Budget for Donnell Middle School
The Superintendent recommends approval of the new FY13 student council activity budget for Donnell Middle School as shown in EXHIBIT D.
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K. Approval of the Constitution for The Findlay High School Ski Club
The superintendent recommends the approval of the constitution of the Findlay High School Ski Club as shown in EXHIBIT E.
L. Monthly Financial Report
The treasurer recommends the monthly financial report for December 2012 be accepted as presented by the treasurer as shown in EXHIBIT F.
M. Acceptance of Gifts
The superintendent recommends the acceptance and written expression for the gifts listed below, which has been given to the Findlay City School District:
GIFT: $437.20 TO: Findlay City Schools- Walk 4 Hearing FROM: Hearing Loss Association of America
GIFT: $1450.00 TO: Findlay City Schools FROM: Japanese Association of Toledo
GIFT: MilliPore Milli-Q Water System, Serial number 07336-C (estimated value: $400.00) TO: Findlay High School Science Department FROM: Cooper Tire
GIFT: $15.00 TO: Findlay City Schools for Deaf FROM: LCBA (Loyal Christian Benefit Association #1155)
GIFT: $50.00 TO: Findlay City Schools - Yoga FROM: Andrew and Carol Reid
GIFT: $100.00 TO: Findlay City Schools - Yoga FROM: Charles Spragg
GIFT: $250.00 TO: Findlay City Schools -Yoga FROM: Gary and Jane Heminger
N. Quarterly Report
The treasurer recommends the monthly financial report for December 2012 be accepted as presented by the treasure as shown in EXHIBIT G.
Roll call: Mrs. Robertson, aye; Mrs. Dysinger, aye; Mrs. Lockard, aye; Mr. Pochard, aye; Dr. Siebenaler Wilson, aye. President Pochard declared the motion carried.
ACTION ITEM
2013-01-013 Five Year Forecast
It was moved by Mrs. Dysinger, seconded by Mrs. Lockard to approve of the Five Year Forecast for fiscal years 2010-2017 as shown in EXHIBIT H.
Roll call: Mrs. Dysinger, aye; Mrs. Lockard, aye; Mr. Pochard, aye; Dr. Siebenaler Wilson, aye; Mrs. Robertson, aye. President Pochard declares the motion carried.
REPORT FROM THE BOARD
The Board will change its 2013 meeting time to 6:00 PM.
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_____________________________________
______________________________________
REPORTS TO THE BOARD
Dennis McPheron, Director of Facilities, reported that equipment from the old Glenwood Middle School will be auctioned Saturday January 19, 2013 at 10:00 am and details can be found on our Findlay City School homepage.
Dr. Wittwer presented the board with plans to put security entrances on all school buildings.
Dr. Wittwer and Mrs. Swartz gave an update on the Findlay High School schedule for next year.
SUPERINTENDENT’S COMMENTS
Middle School dedication will take place February 23, 2013 and February 24, 2013.
2013-01-014 ADJOURNMENT
It was moved by Dr. Siebenaler Wilson, seconded by Mrs. Dysinger to adjourn the meeting at 6:30 PM.
Roll Call: Dr. Siebenaler Wilson, aye; Mrs. Dysinger, aye; Mrs. Lockard, aye; Mr. Pochard, aye; Mrs. Robertson, aye. President Pochard declared the motion carried.
President
Treasurer
Read and approved January 28, 2013
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FINDLAY CITY SCHOOL DISTRICT STUDENT ACTIVITY BUDGET
Activity
Activity
Activity
Code . ? :JDD-C/3D_,_e..-,,____________ Name Donnell Student Council
Purpose (define concisely)
Date November 20th, 2012
To help support the student body projects through fundraising and people power while teaching leadership skills.
Activity source of income with estimated amounts in dollars:
Fund Raiser Beginning Balance $ -----~---a. V&r:i.dj.r.19-Ma.c!:lj.iq.e --$-&e_e_~___ e-A 9/ /J ./
$ 500.00~y~b. School Dance
C. $
d. $
e. $ §CJOJ_,C~-
Revenue Anticipated $-1-88&:6&"'
Tot a I Balance & Revenue $
Activity Estimated Expenditures
a. ~-Ma-sl:-1.m.e.
b. School Dance $ 350.00
c. $
d. $
e. $ 350,<:Jc)l:;5-Total Estimated Expenditures $ 625.98--------'----
Anticipated Balance at End of Year $----------'---
Activity Advisor (Please Print)
Building Principal
Superintendent
CONSTITUTION OF THE FINDLAY HIGH SCHOOL SKI CLUB
NAME
Findlay High School Ski Club
PURPOSE
The purpose of the FHS Ski Club is to provide students with the opportunity to participate in a seasonal social activity that centers on skiing and snowboarding activities.
MEMBERSHIP
• All Findlay High School students are eligible to participate. • All extra-curricular eligibility rules apply.
ADVISOR
The advisor is a volunteer position.
EVENTS
Ski trips will be held every Wednesday evening from January through the first week of March from 3:30-8:30pm.
FINANCES
• Participants will register and pay online with the Mad River Mountain. • Participants will also pay a transportation fee to the district, which will be turned in to the advisor who will then submit it to the Student Activities office.
,....~ -------,
... ___
FINDLAY CITY SCHOOLS TREASURER'S REPORT DECEMBER 2012
=fund to pay off debt. Revenue is from< 4.3 mil l levy and is used to pay 27-year bond debt thru 2037. 1993 Interest free asbestos loan paid in full .
FY 2013 GENERAL FUND REVENUE FY 2013 GENERAL FUND EXPENSE
.......__$546 ,872 41%
$87,709
11%
■ Prop Taxes=47.0%
Tuition=1.4 %
June 30, 2012 JUL-DEC YTD¾OF JUL-DEC YTD ¾ OF December 31. 2012 OUTSTANDING UNENCUMBERED
FUND QASH BAbt,NQI;; ~ ~ EXP!;;N!;il;;!;i fil1illlil CASH BALANCE ENQ!.IM~RANCE!;i BA!,.. Dec . 31 201i
GENERAL $11,176 ,203 $ 25 ,701 ,118 48.4% $ 25 ,565 ,591 46 .0% $ 11,311 , 730 $ 4,481 ,391 $ 6,830,339 + BDGT STABILIZATION 0.0% 0.0%
ASBESTOS LOAN/BONDS 768 ,343 1,827 ,839 47 .1% 2,597 ,328 64.5% (1 ,146) {1,146) PERM . IMPRVMNT 3,391 ,688 1,199,840 52 .7% 2,303 ,721 40 .7% 2,287 ,807 279 ,236 2,008,571
2010 BOND PROCEEDS 4 ,143 ,917 14,350 143.5% 1,716 ,774 41 .3% 2,441 ,493 1,018,463 1,423,030 FLOOD FUND 0.0% 0.0%
FOOD SERVICE 334 ,715 638 ,233 30.4% 749,504 34 .3% 223,443 560 ,615 (337,172) ENDOWMENTS & TRUSTS 1,397 ,616 11,415 3.8% 615 ,679 61.6 % 793 ,352 89 ,540 703,812
OSFC BLDG PROJECT 27 ,620 ,546 823 ,920 91 .5% 19,719 ,632 69 .2% 8,724 ,834 5,386 ,851 3,337,983 NEW BLDG MAINTENANCE 1,267 ,460 124 ,575 30.1% 0.0% 1,392 ,035 1,392,035
MILLSTREAM 42 ,774 457 ,906 45 .8% 333 ,325 32 .5% 167 ,355 28,455 138,901 PUBLIC SUPPORT 87 ,134 47 ,961 60 .0% 28,308 27.8% 106 ,787 20,935 85,852
FABSS 28 ,349 80 ,184 47 .2% 66 ,627 41 .6% 41 ,906 3,800 38,106 HEALTH INSURANCE 3,116,022 3,311 ,394 44 .2% 3,539 ,380 47.2% 2,888 ,037 5,095 2,882,942
STUDENT ACTIVITIES 117 ,316 50,627 24 .1% 43 ,458 20 .0% 124 ,485 36 ,781 87,704 DISTRICT ACTIV ITIES 361 ,865 333 ,827 53.4% 278 ,187 43 .1% 417 ,505 125 ,810 291,695
AUXILIARY SRVCS 47 ,285 172,292 49 .2% 146 ,590 38 .3% 72 ,987 108,162 (35,176) STATE GRANTS 44 ,258 9,510 3.5% 53,025 21.8% 744 3,304 (2,560)
FEDERAL GRAN TS 326 ,797 1,399 ,814 36 .6% 1,760 ,022 49 .6% (33,411) 337 ,640 (371,051) OTHER MISC FUNDS 433 ,483 202 ,771 45 .1% 259 ,137 48 .0% 377 ,117 59 ,559 317,558
TOTALS $54 ,705 ,770 $ 36,407 ,577 47 .0% $ 59 ,776 ,288 51 .7% $ 31 ,337 ,059 $12 ,545 ,637 $18,791,423
+NOTE: General fund unencumbered balance includes $183 ,814 in Worker s Comp Risk Reduct ion Fund (001-9195)
=funds related to OSFC building project fo r two (2) new middle schools and new Millstream Career Center
UNENCUMBERED UNENCUMBERED
Bal Dec 31 ~Ql 1 ~~, t!fi!~31 zo10
$ 6 ,744 ,563 $ 9,632 ,893 (21 ,567 )
150,497 203 ,849 2,568 ,794 1,134, 095
(65 ,309) 14,177,358 216 ,371 231 ,703
(260 ,370) (334 ,008 ) 1,174 ,977 1,036,821 6 ,155 ,151 39 ,195 ,271
908 ,355 479 ,934 33 ,186 101,225 60 ,946 57 ,896 11,241 6 ,292
3,100 ,398 2,358 ,996 90 ,886 104 ,644
269,968 255 ,135 (33 ,687) 61 ,960
3,812 3,147 (249 ,363) (119,548)
303 ,369 205 ,106 $21 ,183 ,785 $ 68 ,771 ,201
■ Salaries=53 .9% Fringes=19.4% ■ Serv i ces=18.6%Open Enrolled=2.5% ■ Rollback=13.4%
Supplies=4.4% ■ Equipment= 1.1 % Other=2.6% ■ State Formula=33.9% Misc.=1.8%
* Pie percentages indicate est imated revenu e received or budgeted expense spent/encumbered from each category , For examp le, 46% of FY13 estimated property tax revenue (red) has been receive d to date .
Findlay City School District Bank Reconciliation
2012 Month of December
FUND BALANCES ON BOARD BOOKS
Bank Statement Balance Fifth -Third Bank Athletic Petty Cash (4) 1/24/00 FHS Guidance Petty Cash 1/14/02 Treasurer/Transportation Petty Cash 10/9/00 Food Service Change 8/13/01 MS Change 7/16/01
Outstanding Checks
Total Bank Balances
Investments Fifth-Third Ban k Securit ies 12/31/12 Fifth -Third Bank - Main MaxSaver 12/31/12 Fifth -Third Bank - State Share MaxSaver 12/31 /12 Fifth-T hird Invested Bond Proceeds 12/31 /12 Citizens National - Money Market 12/31/12 Mult i-Bank Securities Other Bank CDs Keybank Money Market 12/31/12
Star Ohio 12/31/12
Total Investments
Adjustments 12/31 Common Rem itter am ount included in STAR balance Depos its in bank yet to be coded
Total Bank Balances and Investments after Adjustments
$ 31,337,059.48
1,305 ,002.72 10,000 .00
2,000 .00 200.00
1,027. 00 200 .00
(537 ,467.1 0)
780,962 .62
2,471 ,040 .41 54 ,540.47
88 .85 11,170,150 .19
5,878 .30 15 ,136,61 2.25
1,668,000 .00 65 ,114 .61
16,076.94
30 ,587 ,502.02
(11 ,895.50) (19,509 .66)
$ 31,337,059 .48
I do hereby certify the above to be true and accurate.
2Ut:t~rMich ae l T Barnhart, Treasurer
Findlay City Schools Investments Fiscal Year 2013
Par Amount Type
Issued Date
Maturity Date
Interest Rate
Cost Basis
Market Value
Fifth Third Securities 42,846 5th 3rd Govt MM fund Class A 0.010% $ 42,846 .44 $ 42,846.44
400,000 250,000 250,000
FREDDIE MAC FANNIE MAE FANNIE MAE
3/30/2012 3/5/2012 10/7/201 1
4/17/2015 12/30/2015 2/25/2016
0.500% 1.000% 2.000%
399,548.00 252,076 .39 259,615.00
401,636.00 251,352.50 262,150.00
500,000 500,000
FANNIE MAE FHLB NOTE
10/25/2012 11/15/2012
4/18/2016 5/3/2016
2.500% 2.450%
505,156 .25 505 ,408.33
503,210 .00 503,345.00
100,000 400,000
FHLB NOTE FANNIE MAE
12/21/2012 4/19/2012
1/23/2017 4/18/2017
2.250% 1.000%
103,010.00 403,380.00
102,270.00 403,924.00
Sub-tota l Fifth Third $ 2,471,040.41 $ 2,470,733 .94
Miscellaneous Banks 100,000 100,000 99,000
145,000 140,000
Huntington Bank CD Key Bank CD Commercial Savings CD Chase Bank CD (2 of 2) Old Fort Bank CD (2 of 2)
2/21/2008 2/20/2008 3/20/2008 7/12/2010 10/23/2009
2/20/2013 2/20/2013 3/20/2013 7/12/2013
10/23/2013
4.780% 4.530% 3.930% 1.110% 2.530%
100,000.00 100,000.00 99,000.00
145,000.00 140,000.00
98,000 98,000
100,000 195,000 145,000 100,000 100,000
Citizens National CD (2 of 2) First Nat'I Pandora CD Chase Bank CD (1 of 2) Citizens National CD (1 of 2) First Federal CD (1 of 2) Old Fort Bank CD (1 of 2) First Federal CD (2 of 2)
7/9/2009 7/13/2009 2/25/2010 8/2/2012
6/14/2012 7/28/2011 8/2/2011
7/9/2014 7/12/2014 2/25/2015 8/2/2015
6/13/2016 7/28/2016 7/29/2016
2.700% 2.810% 2.580% 1.040% 0.750% 2.030% 1.990%
98,000 .00 98,000 .00
100,000.00 195,000.00 145,000.00 100,000.00 100,000.00
248,000 Goldman Sachs CD, New York 10/24/2012 10/24/2017 1.500% 248,000.00
Sub-total First Federal $ 1,668,000.00
Mult i-Bank Secur ities 150,000 Citizens Bank of Logan CD (2 of 2) 8/7/2009 2/7/2013 2.400% 150,000.00 97,000 National City, Cleveland CD 4/9/2008 4/9/2013 4.250% 97,000.00
147,000 NCB Hillsboro CD (2 of 2) 6/12/2009 6/12/20 13 3.150% 147,000.00 95,000 Ohio Valley Bank CD (1 of 2) 8/21/2009 7/12/2013 3.250% 96,896.36 98,000 NCB Hillsboro CD (1 of 2) 1/21/2009 1/21/2014 3.250% 98,000.00 99,000 Peoples Bank, Marietta CD 5/15/2009 5/15/2014 3.150% 99,000 .00 99,000 The Citizens Banking Co CD 11/24/2009 5/27/2014 2.750% 99,000.00 99,000 The Genoa Banking Co CD 2/4/2010 2/4/2015 2.650% 99,000.00 99,000 Ohio Valley Bank CD (2 of 2) 4/16/2010 2/17/2015 2.600% 99,021.16
100,000 Sutton Bank, Attica CD 11/30/2010 2/26/2015 3.500% 105,948.36 99,000 State Bank & Trust CD, Defiance 3/12/2010 3/12/2015 2.650% 99,000.00 99,000 Oak Harbor Bank CD 6/1/2010 6/1/2015 2.450% 99,000.00
249,000 CFBank . Fairlawn CD 7/29/2010 7/29/2015 2.400% 249,000.00 300,000 US Treasury Notes 9/10/2010 8/31/2015 1.250% 296,482.50 248,000 US Bank of America CD, Cincinnati 1/26/2011 1/6/2016 2.660% 254,263.87 900,000 FHLB Note 8/5/2011 8/5/2016 2.070% 900,000.00 950,000 Fannie Mae 2/8/2012 2/8/2017 1.250% 950,000.00 700,000 Fannie Mae 2/22/2012 2/22/2017 1.150% 700,000.00 950,000 Federal Farm Credit Bank 3/20/2012 3/20/201 7 1.300% 950,000.00 950,000 Fannie Mae 3/22/2012 3/22/2017 1.300% 950,000.00 850,000 Freddie Mac 3/28/2012 3/28/2017 1.210% 850,000.00 900,000 Fannie Mae 4/12/2012 4/12/2017 1.400% 900,000.00 150,000 Signature Bank CD, Toledo (1 or 2) 6/21/2012 4/21/2017 1.000% 150.000.00 950,000 Fannie Mae 7/26/2012 7/26/20 17 1.000% 950,000.00 950,000 Freddie Mac 8/7/2012 8/7/2017 1.000% 950,000.00 900,000 Federal Farm Credit Bank 8/15/2012 8/15/2017 0.980% 900,000.00
98,000 Signature Bank CD, Toledo (2 or 2) 8/17/2012 8/17/2017 1.000% 98,000.00 950,000 Fannie Mae 8/28/2012 8/28/2017 1.100% 950,000.00 950,000 Federal Farm Credit Bank 9/5/2012 9/5/20 17 0.970% 950,000.00 950,000 Federal Farm Credit Bank 9/5/2012 9/5/20 17 0.990% 950,000.00 950 ,000 FHLB Note 9/18/2012 9/18/2017 1.000% 950,000.00
Sub-total Multi-Bank Securities $ 15,136,612.25
Liquid Investment Accounts Citizens National MM Fifth Third Main MaxSaver Fifth Third State Share MaxSaver KeyBank MM Savings StarOh io
0.030% 0.250% 0.000% 0.300% 0.090%
5,878.30 54,540.47
88.85 65,114.61 16,076.94
12/31/2012 12/31/2012 12/31/2012 12/31/2012 12/31/2012
GRAND TOTAL INVESTMENTS i rn.~n~~l.!I~ as prepared by Mike Barnhart 1/2/2013
Findlay City Schools Bond Proceed Investments Fiscal Year 2013
Par Amount Type
Fifth Third Securities {2010 Bond Proceeds} 4,054 ,672 5th 3rd Govt MM fund Class A 5,000,000 FHLB Note 1,900,000 Freddie Mac
Issued Date
12/2/20 11 1/23/2012
Maturity Date
5/24/2016 1/23/2017
Interest Rate
0.010% 2.500% 2.250%
$
Cost Basis
4,054,672 .41 5,152,777.78 1,962,700.00
$
Market Value
4,054,672.41 5,046,750.00 1,943,130.00
Total of Invested 2010 Bond Proceeds $ 11,170,150.19 $ 11,044,552.41
as prepared by Mike Barnhart 1/2/2013
Date: Ti me:
01/02/2013 3:28 pm
FINDLAY CITY SCHOOLS Financial Report by Fund
Page: (FINSUM)
1
Begin Balance MTD Receipts FYTD
Receipts MTD
Expenditures FYTD
Expenditures Current
Fund Balance Current
Encumbrances Unencumbered Fund Balance
TOTAL FOR Fund 001 -11,176,202.62 1,762,830
GENERAL: . 39 25,7 01,118.13 4, 086,048 . 49 25,565,5 90. 56 11,311,730.19 4,481,391.00 6 ,830,339.19
TOTAL FOR Fund 768,343.43
002 - BOND RETIREMENT: 0.00 1,827,838.54 0.00 2,597 ,32 7.75 1,145.78- 0.00 1,145.78-
TOTAL FOR Fund 3,391,687.87
003 - PERMANENT IMPROVEMENT: 990.00 1,199,839.62 46,576.85 2,303,720.89 2,287,806.60 279,235.88 2,008,570.72
TOTAL FOR Fund 4,143,9 17.27
004 -2,35
BUILDING: 8.56 - 14,349.59 138 , 529 .21 1,716,773.98 2,441,492.88 1,018,463.13 1,423,029.75
TOTAL FOR Fund 334,714.90
006 - FOOD SERVICE: 164,031.16 638,232.72 135,056 . 23 749,504.47 223,443.15 560,615.44 337,172.29-
TOTAL FOR Fund 703,246.20
007 - SPECIAL 125.00
TRUST: 11,415.35 57,061.17 604,502.27 110,159.28 75,991.00 34, 168.28
TOTAL FOR Fund 694,369.84
008 - ENDOWMENT: 0.00 0.00 0.00 11,177.21 683,192.63 13,548.88 669,643.75
TOTAL FOR Fund 238 , 656.32
009 - UNIFORM SCHOOL SUPPLIES 9,437.62 171, 864.20
: 11,923.05 217,748.56 192,771.96 39,384.82 153,387 . 14
TOTAL FOR Fund 27,620,545.90
010 -144,28
CLASSROOM FACILITIES 4. 09 823,920.17
: 2,142,090.67 19,719,632 . 00 8,724,834.07 5,386,850.70 3,337,983.37
TOTAL FOR Fund 38,577.89
011 - ROTARY-SPECIAL SERVICES: 4,393 . 41 13,524.65 5,341.14 14,88 6. 61 37,215 . 93 18,678.17 18,537.76
TOTAL FOR Fund 4 2,773.94
014 - ROTARY- INTER NAL SERVICES: 30,175.29 457,906.44 43,907.57 333,32 4. 90 167,355.48 28,454.63 138,900 .8 5
TOTAL FOR Fund 87,133.52
018 - PUBLIC 5,798.08
SCHOOL SUPPORT: 47,961.19 4,128.80 28,308.13 106,786.58 20,935.03 85,851.55
TOTAL FOR Fund 156,249.09
019 - OTHER GRANT: 13,133 .0 0 17,382.00 4,895.82 26,501. 73 147,129.36 1,496.07 145,633.29
TOTAL FOR Fund 28,348.71
020 - SPECIAL 27,652.70
ENTERPRISE 80,184.35
FUND: 13,175.85 66,626.90 41,906.16 3,800.00 38,106 . 16
TOTAL FOR Fund 3,116,022.49
024 - EMPLOYEE BENEFITS 558,244.57 3,311,394.07
SELF INS.: 605,781.99 3,539,379.93 2 ,888, 036.63 5,094 .77 2,882,9 41.8 6
TOTAL FOR Fund 1,267,460.22
034 - CLASSROOM FACILITIES 25,475.00 124 ,5 75.00
MAINT.: 0.00 0.00 1,392,035.22 0 . 00 1,392,035.22
2 Date: 01/02/2013 FINDLAY CITY SCHOOLS Page: Time: 3:28 pm Financial Report by Fund (FINSUM)
Begin Balance MTD Receipts FYTD
Receipts MTD
Expenditures FYTD
Expenditures Current
Fund Balance Current
Encumbrances Unencumbered Fund Balance
TOTAL FOR Fund 117,315.58
200 - STUDENT MANAGED ACTIVITY: 4,150.95 50,627.30 5,370.38 43,457.53 124,485.35 36,781 .49 87,703.86
TOTAL FOR Fund 361,864 . 67
300 - DISTRICT 36,109 . 01
MANAGED ACTIVITY: 333,827.24 59,611.46 278,187.16 417,504.75 125,809.72 291,695.03
TOTAL FOR Fund 47,284 . 69
401 - AUXILIARY 0.00
SERVICES: 172,292.18 21,038.91 146,590.24 72,986.63 108,162.39 35,175.76-
TOTAL FOR Fund 0.00
416 - TEACHER DEVELOPMENT: 0.00 0.00 0.00 0.00 0.00 0.00 0 . 00
TOTAL FOR Fund 14,715 . 39
432 - MANAGEMENT INFORMATION SYSTEM 0.00 0.00 6,3 7 1.78 38,550.29 23,B34.90- 3,006.84 26,B41.74-
TOTAL FOR Fund 0.00
440 - ENTRY YEAR PROGRAMS: 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL FOR Fund 0.00
450 - SCHOOLNET EQUIP/INFRASTRUCTUR 0 . 00 0 . 00 0.00 0 . 00 0.00 0.00 0.00
TOTAL FOR Fund 0.00
-151 - DATA COMMUNICATION FUND: 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL FOR Fund 0.00
452 - SCHOOLNET PROFESS. DEVELOPMEN 0.00 0.00 0.00 0.00 0.00 0.00 0. 0 0
TOTAL FOR Fund 0.00
459 - OHIO READS: 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL FOR Fund 0.00
460 - SUMMERINTERVENTION: 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL FOR Fund 3.94
461 - VOCATIONAL EDUC. ENHANCEMENTS 0.00 0.00 0.00 0.00 3. 94 0.00 3.94
TOTAL FOR Fund 0.00
494 - POVERTY AID: 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL FOR Fund 29,538.77
499 - MISCELLANEOUS STATE GRANT FUN 2,200.00 9,510.35 2,426.61 14,474.48 24,574.64 296.92 24,277.72
TOTAL FOR Fund 0.00
504 - EDUCATION JOBS 0.00
FUND: 0.00 0.00 0.00 0.00 0.00 0 . 00
TOTAL FOR Fu nd 25,849.94
506 - RACE TO THE TOP: 30,000.00 115,649.35 20,113.55 130,166.B1 11,332.48 4,312.91 7,019.57
Date : Ti me:
01/02/2013 3:28 pm
FIND LAY CITY SCHOOLS Financ ial Report by Fund
Page: (FINSUM)
3
Beg in Balance MTD Receipts FYTD
Receipts MTD
Expenditures FYTD
Expenditures Current
Fund Balance Current
Encumbranc es Unencumbered Fund Balance
TOTAL FOR Fund 140,875.20
516 - IDEA 199,170.56
PART B GRANTS: 571,971.27 118,545 .07 665 ,011.98 47, 834.49 41,112.10 6,7 22.39
TOTAL FOR Fund 18,219 . 26
524 - voe 20,000.00
ED: CARL D . PERKINS 94,851.77
- 198 22,612 . 62 11 1, 69 4.9 9 1,3 76.04 59,167.32 57,791.28 -
TOTAL FOR Fund 0.00
532 - FIS CAL STABILIZATION 0.00 0 . 00
FUND: 0.00 0 . 00 0.00 0 . 00 0 . 00
TOTAL FOR Fund 904.7 6
533 - TITLE 0.00
II D - TECHNOLOGY: 4,05 5.27 0.00 4,960. 03 0.00 0.00 0 . 00
TOTAL FOR Fun d 12,158.10
536 - TITLE 84,145.97
I SCHOOL IMPROVEMENTA: 104,245.38 3,568 . 08 194,229.05 77,825 .5 7- 18, 7 86 . 00 96, 611 .57-
TOTAL FOR Fund 0.00
537 - TITLE 0.00
I SCHOOL IMPROVEMENT G: 0.00 0 .00 0.00 0.00 0.0 0 0.00
TOTAL FOR Fund 310 .6 0
542 - NUTRITION 0.00
EDUCATION/T RAIN 310.60-
PGM 0.00 0.00 0.00 0.00 0.00
TOTAL FOR Fund 0. 00
551 - LIMITED 0 .00
ENGLISH PROFICI ENCY: 1,777.50 17,123.00 17 ,775 .00 15,997.50- 0.00 15,997 . 50-
TOTAL FOR Fund 128,221.96
572 - TITLE 68,837 . 78
I DISADVANTAGED CHILDRE 4 01,705.56 154,723 . 25 508,784.76 21,142.76 214,261.75 193,118. 99 -
TOTAL FOR Fu n d 0.00
573 - TITLE 0.00
V INNOVATIVE EDUC PGM: 0.00 0.00 0.00 0.00 0 . 00 0.00
TOTAL FOR Fun d 0.00
584 - DRUG FREE 0.00
SCHOOL GRANT FUND: 0.00 0.00 0.00 0.00 0.00 0 . 00
TOTAL FOR Fund 257.00
587 - IDEA 0.00
PRESCHOOL-HANDICAPPED: 1 ,988.21 19,432.16 19,8 82. 16 17,636.95- 0.00 17,636.95-
TOTAL FOR Fund 0.00
588: 0.00 0.00 0 . 00 0.00 0.00 0.00 0.00
TOTAL FOR Fund 0.00
590 -27,04
IMPROVING TEACHER QUALITY: 1.3 5 103,880.32 26,797.63 107,517.34 3,63 7 .02- 0 .0 0 3,637.02-
TOTAL FOR Fund 0.00
599 - MISCELLANEOUS FED. GRANT FUND 0.00 0 . 00 0 . 00 0 . 00 0.00 0.00 0 .0 0
GRAND TOTALS: 54,705,770.07 3,215,867.37 36,407 ,5 77.12 7,772,251.34 59,776,287 .7 1 31 ,33 7,059.48 12,545 ,636 . 96 18,791,42 2.52
1 Date: 1/02/13 F I N A N C I A L R E V E N U E R E P O R T Page: Processing Month: December 2012
FINDLAY CITY SCHOOLS
FYTD FYTD Actual
Fnd Rcpt Sec Subjct OPU Description Receivable Receipts
001 1111 0000 000000 000 REAL ESTATE TAX 24,923,746.00 11,474,213.94 001 1 122 0000 000000 000 PERSONAL PROPERTY TAX 30,000.00 .00 001 1211 0000 000000 000 TUITION - PARENTS - REGULAR .00 .00 001 1221 0000 000000 000 TUITION - OTHER DISTRICTS - REGULAR 80,000.00 35,456.20 001 1221 0006 000000 000 JV50 SB14 SF - 14 . 00 .00 001 1222 0000 000000 000 TUITION - PARENTS - SUMMER SCHOOL 45,000.00 20.00 001 1222 0000 000000 201 TUITION - PARENTS - BAND SUMMER SCHOOL .00 .0 0 001 1223 0000 000000 000 TUITION - OTHER DISTRICTS - SPECIAL ED 441,000.00 12,367.25 001 1224 0000 000000 000 TUITION - OTHER DISTRICTS - VOCATIONAL 199,000.00 39,865.41 001 122 7 0000 000000 000 FOUNDATION - OPEN ENROLLMENT 1,350,000.00 546,872.27 00 1 1410 0000 000000 000 INTEREST ON INVESTMENTS 350,000.00 182,953.15 001 1710 0000 000000 000 old .00 .00 001 1740 0000 000000 302 PARKING FEES - FHS 11,000.00 5,344.10 001 1810 0000 000000 000 RENTAL SCHOOL PROPERTY 35 , 000.00 10,579.90 001 1820 0000 000000 000 GIFTS & DONATIONS 5 , 000.00 1,887.20 001 1820 0001 000000 000 DONATIONS - WEIGHTROOM PLEDGES (CLOSED . 00 .00 00 1 1820 0002 000000 000 DONATIONS - DONNELL CAPITAL PROJECTS .00 .00 001 1832 0000 000000 000 CONTRACTED SERVICES-HCESC .00 .00 001 1833 0001 000000 302 WORKSHOP - CUSTOMER PROJECTS .00 .00 001 1880 0000 000000 000 TIF REFUNDS OR P.I.L.O.T. 100,000.00 55,876.74 001 1890 0000 000000 000 MISC. REVENUE & FINES 215,000.00 172,694.08 00 1 1890 0000 000000 246 JACOBS BREAK IN NOV. 2010 .00 .00 001 1890 0001 000000 000 CHASE COMMISSION XCHASE 5,000.00 2,827.27 001 1933 0000 000000 000 SALE AND LOSS OF ASSETS [SMl-02.060] 3,300.00 9,302.25 001 3110 0000 000000 000 SCHOOL FOUNDATION - UNRESTRICTED AID 15,800,000.00 8,667,006.94 001 3110 0002 000000 000 SPECIAL EDUCATION ALLOWANCE .0 0 .00 001 3110 0005 000000 000 TRANSPORTATION ALLOWANCE 690 , 000.00 44,594.18 001 3110 0006 000000 000 DPIA ALLOWANCE . 00 .00 001 3110 0008 000000 000 OTHER ADJUSTMENTS (VOC & SPEC. ED) 1,200,000.00 557,333.51 001 3110 0009 000000 000 PARITY AID .00 .00 001 3110 2006 000000 000 LG. GROUP INTERVENTION(INCLUDES CHARGE .0 0 . 00 001 3130 0000 000000 000 ROLLBACK & HOMESTEAD EXEMPTION B4 APRI .00 .00 001 3131 0000 000000 000 10% AND 2.5% ROLLBACK 2,200,000.00 918,549.81 001 3132 0000 000000 000 HOMESTEAD EXEMPTIONS 700,000.00 553,885.00 00 1 3133 0000 000000 000 $10,000 PERSONAL PROPERTY TAX EXEMPTIO .00 .00 001 3134 0000 000000 000 ELECTRIC DEREGULATION PROP TAX REPLACE .00 .00 001 3135 0000 000000 000 TANGIBLE PERSONAL PROPERTY TAX LOSS 4,242,000.00 2,116,171.01 001 3139 0000 000000 000 OTHER PROPERTY TAX ALLOCATIONS .00 .00 001 3190 0002 000000 000 SUMMER SCHOOL OPERATION EXTEND REIMBUR . 00 .00 001 3190 0003 000000 000 FIXED RATE ADJUSTMENT FOUNDATION (SB3 .00 .00 001 3190 0006 000000 000 TUITION FROM OTHER DISTRICTS .00 .00 001 3210 0000 000000 000 STATE REIM SUMMER SCHOOL [SMl-1.04] .00 .00 001 3219 0000 000000 000 SPEC ED REIMBURSEMENT - FOUNDATION 10,000.00 .00 001 3219 0004 000000 000 VOCATIONAL ALLOWANCE 300,000 . 00 .00 00 1 4120 1994 190000 000 FEDERAL MEDICAID (CAFS) [SMl-1.06] 150,000.00 87,570.58
MTD Actual
Receipts
.00
.00
.00
.00
.00
.00
.00
.00 1,499 .75
90,719.75 12,952.30
.00 272 . 20 688.00
1,887.20 .00 .00 .00 .00 .00
119,646.50 .00
2,688.67 .00
684,016.27-.00
7,432 .36 .00
92,888.92 .00 .00 .00 .00 .00 .00 . 00
2,116,171 . 01 .00 . 00 .00 .00 . 00 . 00 . 00 .00
(REVSEL)
FYTD Balance Receivable
13,449,532.06 30,000.00
.00 44,543.80
. 00 44,980.00
. 00 428,632.75 159,134.59 803,127.73 167,046.85
.00 5,655.90
24,420.10 3,112.80
.00
.00
.00
.00 44,123.26 42,305.92
.00 2,172.73 6,002.25-
7 ,1 32,993.06 .00
645,405.82 .00
642,666.49 .00 .00 .00
1,281,450.19 146,115.00
.00
.00 2,125,828.99
.00
.00
.00
.00
.00 10,000.00
300,000.00 62,429.42
Pct. Rcvd
46.0% 0.0% 0.0%
44.3% 0.0% 0.0% 0.0% 2.8%
20.0% 40.5% 52.3%
0.0% 48. 6% 30.2% 37. 7%
0.0% 0.0% 0.0% 0.0%
55.9% 80.3%
0.0% 56.5%
281. 9% 54.9%
0.0 % 6.5% 0.0%
46.4% 0.0% 0.0% 0.0%
41.8% 79 .1%
0.0% 0.0%
49.9% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
58.4%
Date: 1/02/13 F I N A N C I A L R E V Processing Month:
FINDLAY CITY
E N U E December SCHOOLS
R E 2012
P O R T Page: (REVSEL)
2
Fnd Rcpt Sec Subjct OPU Description FYTD
Receivable
FYTD Actual
Receipts
MTD Actual
Receipts FYTD Balance
Receivable Pct. Rcvd
001 001 001 001 001 001 001 001 001
4130 4139 5100 5220 5300 5300 5300 5300 5300
0000 0000 0000 0000 0000 0000 0000 0001 0057
000000 000000 000000 000000 000000 000000 000000 000000 000000
000 e-Rate Revenue (formerly fund 588) 000 STUDENT INTERVENTION SERVICES 000 TRANSFER INTO GENERAL FUND 000 RETURN ADV FROM FY08 $2,156,705.50+FYO 000 REFUND OF PRIOR YR EXPEND [SMl-02. 060] 253 REFUND OF PRIOR YEAR EXPENDITURE 302 REFUND OF PRIOR YEAR EXPENDITURE 201 REFUND OF PRIOR YEAR EXPENDITURE 302 REFUND OF PRIOR YEAR EXPENDITURE
20,000.00 .00 .00 .00
45,000.00 .00 .00 .00 .00
.00
.00
.00
.00 205,747.34
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
20,000.00 .00 .00 . 00
160,747 . 34-.00 .00 .00 .00
0.0% 0.0% 0.0% 0.0%
457 . 2% 0.0% 0.0% 0.0% 0.0%
** Fund 001 Sec 0057 Totals 53,150,046.00 25,701,118. 1 3 1,762,830.39 27,448,927.87 48.4%
001 1410 9145 000000 000 MS FLOWER FUND .00 .00 .00 .00 0.0%
** Fund 001 Sec 9145 Totals . 00 .00 .00 .00 0.0%
001 001 001
3212 5100 5210
9194 9194 9194
000000 000000 000000
000 STATE BUS [SMl-1. 000 TRANSFERS IN 000 ADVANCES IN
04] .00 .00 .00
.00
.00
.00
.00
.00
.00
.00
.00
.00
0.0% 0.0% 0.0%
** Fund 001 Sec 9194 Totals .00 .00 .00 .00 0.0%
001 1890 9195 000000 000 BWC REFUND .00 .00 .00 .00 0.0%
** Fund 001 Sec 9195 Totals .00 .00 .00 . 00 0.0%
002 002 002
1 111 1122 1410
9091 9091 9091
000000 0000 00 000000
000 ASBESTOS 000 ASBESTOS 000 ASBESTOS
LOAN REAL PROP (AFTER TPP LOAN DM0090 - PERS. PROP . LOAN DAM INTEREST
PHA TAX
.00
.00
.00
.00
.00
.00
.00
.00
.00
. 00
.0 0
.00
0.0% 0 . 0% 0.0%
** Fund 002 Sec 9091 Totals .00 .00 .00 . 00 0.0%
002 002 002
1111 1122 1410
9093 9093 9093
000000 000000 000000
000 ASBESTOS 000 ASBESTOS 000 ASBESTOS
LOAN REAL PROP (AFTER TPP LOAN DR0087 - PERS. PROP. LOAN DR-INTEREST
PHA TAX
.00
.00
.00
.00
.00
.00
.00
.00
.00
. 00
. 00
. 00
0.0% 0.0% 0.0%
** Fund 002 Sec 9093 Totals .00 .00 . 00 .00 0.0%
002 002 002
1111 1122 1410
9095 9095 9095
000000 000000 000000
000 ASBESTOS 000 ASBESTOS 000 ASBESTOS
LOAN REAL PROPERTY EX0114 LOAN EX0114 - PERS. PROP. LOAN EX-INTERST
TAX .00
30,698.00 .00
.00 21,596.98
.00
.00
.00
.00
.00 9,101.02
.00
0.0% 70.4%
0.0%
** Fund 002 Sec 9095 Totals 30,698.00 21,596.98 . 00 9,101.02 70.4%
002 1111 9123 000000 000 2010 BONDS REAL PROPERTY PROCEEDS 3,184,048.00 1,325,983.94 . 00 1,858,064.06 4 1 .6%
Date: 1/02/13 F I N A N C I A L R E V E N U E R E P O R T Page: 3 Processing Month: December 2012 (REVSEL )
FINDLAY CITY SCHOOLS
FYTD MTD FYTD Actual Actual FYTD Balance Pct.
Fnd Rcpt Sec Subjct OPU Description Receivable Re ceipts Receipts Receivable Rcvd
002 1880 9123 000000 000 BOND SHARE OF T.I.F. OR P.I.L.O.T .00 5,062.05 .00 5,062.05- 0.0% 002 3131 9123 000000 000 10% & 2.5% ROLLBACKS . 00 146,368.52 .00 146,368.52- 0 . 0% 002 3132 9123 000000 000 HOMESTEAD EXEMPTIONS .00 48,827.0 5 .00 48,827.05- 0.0% 002 4110 9123 000000 000 PART OF 35% INTEREST SUBSIDY FROM FEDS 662,180.00 280,000.00 .00 382,180.00 42.3~
** Fund 002 Sec 9123 Tot a ls 3,846,228.00 1,806,241.56 .00 2,039,986 . 44 47.0%
003 5100 0000 000000 000 TRANSFER IN FROM 001 TO ZERO OUT THIS .00 .00 .00 .00 0.0% 003 5300 0000 000000 000 REFUND OF PRIOR YEAR EXPENDITURES . 00 .00 .00 .00 0.0%
** Fund 003 Sec 0000 Totals .00 .00 .00 .00 0.0%
003 1111 9030 000000 000 P . I. REAL ESTATE TAX 1,700 , 000.00 789,276.15 .00 910,723 . 85 46.4% 003 1122 9030 000000 000 P . I. PERSONAL PROPERTY TAX .00 864.02 .00 864 . 02- 0.0% 003 1410 9030 000000 000 PERMANENT IMPROVEMENT - INTEREST 19,000.00 .00 .00 19,000 . 00 0.0% 003 1820 9030 000000 000 PERMANENT IMPROVEMENT - DONATIONS .0 0 .00 . 00 . 00 0 . 0% 003 1880 9030 000000 000 PI SHARE OF T.I.F. OR P.I.L.O.T 7,982.00 3,013.12 .00 4,968.88 37. 7% 003 1940 9030 000000 000 PERMANENT IMPROVEMENT - SALE OF NOTES .00 .00 .00 . 00 0.0% 003 3131 9030 000000 000 10% & 2.5% ROLLBACK FOR PI LEVY 200,000.00 87,124.12 .00 112,875 . 88 43.6% 003 3132 903 0 000000 000 HOMESTEAD REIMBURSEMENT FOR PI LEVY 5,000.00 29,063.71 .00 24,063.71- 581.3% 003 3133 9030 000000 000 REIMBURSEMENT OF lOK PERSONAL PROP EXE .00 .00 .00 . 00 0 . 0% 003 5100 9030 000000 000 TRANSFERS IN .00 .00 .00 . 00 0.0% 003 5210 9030 000000 000 ADVANCES IN - - FROM GENERAL FUND .00 .00 .00 .00 0.0% 003 5300 9030 000000 000 REFUND OF PRIOR YEARS EXPENDITURES .00 .00 . 00 .00 0 .0%
** Fund 003 Sec 9030 Totals 1,931,982.00 909,341.12 .00 1,022,640.88 47 .1%
00 3 1410 9031 000000 000 PERMANENT IMPROVEMENT - I NTEREST .00 .00 .00 . 00 0.0% 003 1820 9031 000000 00.0 PERMANENT IMPROVEMENT - DONATIONS .00 .00 .00 .00 0.0% 003 1931 9031 000000 000 SALE OF JUNE 2012 AUCTIONED MILLSTREAM .00 65,000.00 .00 65,000.00- 0.0% 003 1940 9031 000000 000 PERMANENT IMPROVEMENT - SALE OF NOTES . 00 .0 0 .00 .00 0.0% 003 4110 9031 000000 000 PORTION OF BABS 35% SUBSIDY USED FOR P 340,000.00 222,820.50 .00 117,179 . 50 65.5% 003 5100 9031 000000 000 TRANSFERS IN .00 .00 .00 .00 0.0% 003 5210 9031 000000 000 ADVANCES IN -- FROM GENERAL FUND .00 .00 .00 .00 0.0% 003 5300 9031 000000 000 REFUND OF PRI OR YEARS EXPENDITURES .00 .00 .00 .00 0.0%
** Fund 003 Sec 9031 Totals 340,000.00 287,820 .50 .00 52,179.50 84. 7%
003 1410 9039 000000 000 CENTRAL AUDITORIUM - INTEREST 200.00 .00 . 00 200.00 0.0% 003 1810 9039 000000 000 CENTRAL AUDITORIUM - RENTAL INCOME 4,800.00 2,678.00 990.00 2,122.00 55.8% 003 1820 9039 000000 000 CENTRAL AUDITORIUM - DONATIONS .00 .00 .00 .00 0.0%
** Fund 003 Sec 9039 Totals 5,000.00 2,678.00 990.00 2,322.00 53 . 6%
004 1940 9040 000000 000 HB 264 ENERGY CONSERVATION LOAN PROCEE . 00 .00 . 00 .00 0.0%
4 Date: 1/02/ 13 F I N A N C I A L R E V EN U E R E P O R T Page: Pro cessin g Mont h: December 20 12 (REVSEL )
FINDLAY CITY SCHOOLS
FYTD MTD FYTD Actual Actual FYTD Balance Pct.
Fnd Rcp t Sec Sub jct OPU Description Receiv able Receipts Receipts Receivable Rcvd
** Fund 004 Sec 9040 Tot als .00 .00 .00 .0 0 0 . 0%
004 1410 9123 000000 000 INTEREST ON BOND PROCEEDS LFI PORTION 10 , 000.00 14,349.59 2,358 .56- 4,349.59- 143. 5% 00 4 1911 9123 000000 000 PREMIUM OF 2/ 4 /10 SALE OF BONDS .00 .00 . 00 .00 0.0% 00 4 192 1 9123 000 000 000 FEB 4, 2010 SALE OF BONDS .00 .00 .00 .0 0 0.0%
** Fund 004 Sec 9123 Totals 10,000.00 14,349.59 2,358.56- 4,349.59- 143.5%
006 1410 9060 000000 000 FOOD SERVICE - INTEREST 5,000.00 .00 .00 5,000 .00 0.0% 006 1511 9060 000000 000 FOOD SERVICE - BREAKFAST 11,000.00 6,062.07 976.15 4,937.93 55.1% 006 1512 9060 000000 000 FOOD SERVICE - LUNCHES 420,000.00 16 5 ,157.32 25 , 590.74 254,842.68 39.3% 006 1522 9060 000000 000 FOOD SERVICE - ADULT LUNCHES 20,000.00 9, 684.00 1,256.70 10,316 .0 0 48.4% 006 1559 9060 000000 000 FOOD SERVIC E - SPECIAL FUNCTIONS 80,000.00 16, 680.04 12,670.81 63,319 .96 20 . 9% 006 1590 9060 000000 000 FOOD SERVICE - ALA CARTE AND MILK 150,000.00 32,705.27 5,627.36 117,294 . 73 21.8% 006 1890 9060 000000 000 FOOD SERVICE - MISC. PMTS 1,000.00 1,200.00 .00 200.00 - 120.0% 006 3213 9060 000000 000 FOOD SERVICE - STATE SUBSIDY 30,000.00 13,392.29 8,654.04 16,607.71 44.6 % 006 3213 9060 000000 001 FOOD SERVICE - STATE BREAKFAST SUBSITY 1,000.00 .00 .00 1,000 . 00 0 .0% 006 4120 9060 000000 000 FOOD SERVICE - FEDERAL SUBSIDY 1,100,000.00 334 ,5 84.43 91,187.61 765,415 .57 30.4% 006 4120 9060 000000 001 FOOD SERVICE - FEDERAL BREAKFAST SUBSI 1 80,000.00 58,767.30 18,067.75 121,232 . 70 32 . 6% 006 52 10 9060 0000 00 000 FOOD SERVICE - ADVANCES IN .DO .00 .00 .0 0 0.0% 006 5300 9060 00 0000 000 REFUND OF PRIOR YEAR EXPENDITURES 102,000.00 .00 .00 102,000.00 0 .0%
** Fund 006 Sec 9060 Totals 2,100,000.00 638,232.72 164,031.16 1,4 61 ,767.28 30 .4%
Gra nd Total All Funds 61 ,4 13,95 4 .00 29, 381,3 78.60 1925 ,492.99 32,032,575.40 47.8%
Date: 1/02/13 M A N A G E M E N T A P P R O P R I A T I O N R E P O R T Page: 1 Pr ocessing Mont h: December 2012 (APPOBJSEL)
FI NDLAY CITY SCHOOLS
Fune Account De sc ription
Fund: 001/0000 Obj: 100
001/0000 100 1100 REGULAR INSTRUCTION - SALARY 1200 SPECIAL INSTRUCTION - SALARY 1300 VOCATIONAL INSTRUCTI ON - SALARY 1900 GENERAL OTHER INSTRUCTION PERSONAL SE 2100 PUPIL SUPPORT SERVICE S - SALARY 2200 STAFF SUPPORT SERVICES - SALARY 2400 ADMINISTRATIVE - SALARY 2500 FISCAL SERVI CES - SALARY 2700 OPERATION & MAINT - SALARY 2800 TRANSPORTATION SERVICES - SALARY 2900 INFORMATIONAL SERVIC ES - SALARY 4100 ACADEMIC & SUBJECT - SALARY 4500 SPORTS - SALARY 4600 SCHOOL & PUBLI C - SALARY
Fund 001/0000 Obj 100 Totals
001/0000 200 110 0 REGULAR INSTRUCTIO N - FRINGE BENEFITS 1200 SPECIAL INSTRUCTIO N - FRINGE BENEFITS 1300 VOCATIONAL INSTRUCTION - FRINGE BENEF 19 00 GENERAL OTHER INSTRUCTION EMPLOYEES R 2100 PUPIL SUPPORT SERVICES - FRINGE BENEF 2200 STAFF SUPPORT SERVICES - FRINGE BENEF 2400 ADMINISTRATIVE - FRINGE BENEFITS 2500 FISCAL SERVIC ES - FRINGE BENEFIT S 2700 OPERATION & MAINT - FRINGE BENEFITS 2800 TRANSPORTATION SERVICES - FRINGE BENE 290 0 INFORMATIONAL SERVICE S - FRINGE BENEF 41 00 ACADEMIC & SUBJECT - FRINGE BENEFITS 4500 SPORTS - FRINGE BENEFITS 4600 SCHOOL & PUBLIC - FRI NGE BENEFITS
Fund 001/0000 Obj 200 Totals
001/0000 400 1100 REGULAR IN STRUCTION - PURCHASED SERVI 1200 SPECIAL INSTRUCTION - PURCHASED SERVI 1300 VOCATIONAL INSTRUCTION - PURCHASED SE 1900 OTHER INSTRUCTION - PURCHASED SERVICE 2100 PUPIL SUPPORT SERVICES - PURCHASED SE 2200 STAFF SUPPORT SERVICES - PURCHASED SE 2300 BD OF EDUCATION - PURCHASED SERVICES 2400 ADMINIS TRATIVE - PURCHASED SERVICES 2500 FISCAL SERVICES - PURCHASED SERVICES 2700 OPERATION & MAINT - PURCHASED SERVICE 280 0 TRANSPORTATION SERVICE S - PURCHASED S 2900 IN FORMATIONAL SERVICES - PURCHASED SE 4500 SPORTS - PURCHASED SERVICES
FYTD Appro pr iation
14,319,245.20 4,046,831.58 1,460,000.00
ll0,000.00 1,602,000.00 1,935,00 0.00 2,370,000.00
350,000.00 1,985,000.00 1,050,000.00
27,000.00 ll2,000.00 532,000.00
63,000.00
29,962,076.78
4,707,316.20 1,250,016. 55
503, 000.00 20,000.00
527,500.00 904,475.00
1,041,000.00 173 ,000.00
1,042,880.98 457,00 0.00
14, 600.00 20,350.00
110,124.56 10,400 . 00
10,781,663.29
1,124,358.81 351,969.70 229,125.82
5,136,244 . 00 23 8,2 80 . 03 265,199.12 106,763.45 313,694.13
92,776.63 2,209,160.13
232,436.32 2 8 ,000.00
7,500 .00
MTD Expended
1,216 , 288.98 285,781 .8 3 ll9,239.06
12,186.15 ll9, 788. 44 18 0, 934 .74 195,856.08
31 ,7 00 .62 156,513.39
54,412.58 1,936.5 4
.00 9,570.66
.OD
2,384,209.07
408,281.76 10 1,078 . 93
4 0,840.9 8 2,812.16
38,961.52 63,246.76 88,440.08 15,080.62 77,058.74 34,309.96
1,025 . 13 .0 0
2,538 . 92 .00
873,675 . 56
86,515.75 20,283.67
8,987.38 394,510.77
ll,203 . 60 509 .48 805.60
54,192.50 6,389.58
96,491.13 8,122.28
.00
.OD
FYTD Expended
7,205,828.27 1,806,957.04
705,893 . 16 49,442.69
694,008.75 812 ,827.03
1,164,801.17 171, 374. 63 928 ,4 79 . 74 501,896.18
11,590.48 33,778 . 80
222 ,062 . 57 15 , 879.58
14,324,820 .09
2,438,165.50 614 ,736. 73 237 , 572 . 00
10,38 8.4 4 225,513 . 71 368,835.35 527,99 2 .12
91,7 72 .91 502,54 8.33 245,319.53
6,464.91 5,016 . 17
42,462.24 2,861.81
5,319 , 649 .75
418,748 . 93 85,391.67
103,553.09 2,250,645 .4 8
103, 518.4 5 129,079.88
31,951.82 151,906 . 51
42,430.20 1,087,509.13
77,608.12 5,2 13.00 2 ,686.05
Current Encumbered
139,710.62 ll,831.58
.00
.DO 9,832.19 4,41 9 . 76
.00
. 00
.00
.00
.00
.00
.00
.00
165,794.15
193,743.73 43,882.83 18,0 04.12
.00 3,541.22 7,342.32
70,853.17 10, 044 .90 23,5 34 . 18
2,294. 03 .00 .00
5,017.84 .00
378,258.34
713,343.83 218,423.29
63,644.31 123,391.40 140,300.44
9,494.96 54,501.25
145,481.46 36,237.97
1,297,623.75 96,102.08
.OD 5,081.52
Unencumbered Balance
6,973,706.31 2,228,042.96
754,106.84 60,557.3 1
898,159.06 1 ,ll 7,753 .2 1 1 ,2 05,198.83
178,625.37 1,056,520.26
548,103.82 15,409.52 78,221.20
309,937 .43 4 7 ,1 20. 4 2
15,471,462 . 54
2,075,406.97 591,396.99 247,423.88
9,611.56 298,445.07 528,297.33 442,154.71
71,182.19 51 6,798. 47 209,386.44
8,135.0 9 15,333.83 62,64 4.48
7,538 .19
5,083,755.20
7,733.95-48,154.74 6 1 ,928.42
2, 762,207.12 5,538 . 86 -
126,62 4. 28 20,310.38 16,306.16 14,108 . 46
175,972.75-58,726.12 22,787 .0 0
267.57 -
FYTD %Exp
50.3% 44.7% 48.3% 44.9% 43.3% 42 . 0% 49 .1% 49 . 0% 46.8% 47.8% 42 . 9% 30.2% 41. 7% 25 .2 %
51.8% 49.2% 47. 2% 51.9% 42.8% 40.8% 50. 7% 53.0% 48.2% 53.7% 44.3% 24.6% 38.6% 27.5%
37.2% 24.3% 45.2% 43.8% 43.4% 48. 7% 29.9% 48.4% 45.7% 49.2% 33.4% 18 . 6% 35 . 8%
2 Date: 1/02/13 M A N A G E M E N T A P P R O P R I A T I O N R E P O R T Page: Processing Month: Decemb er 2012 (APPOBJSEL )
FINDLAY CITY SCHOOLS
FYTD MTD FYTD Current Unencumbered FYTD Fune Account Description Appropriation Expended Expended Encumbered Balance %Exp
Fund: 001/0000 Obj: 400
4600 SCHOOL & PUBLIC - PURCHASED SERVICES 6,000 . 00 .00 3,577.80 1,233.01 1,189.19 59.6% 5300 ARCHITECT SERVICES - PURCHASED SERVIC 26,377 .1 0 197.61 3 , 240.74 17,005.51 6,130.85 12.3%
Fund 001/0000 Obj 400 Totals 10,367,885 .24 688,209.35 4,497,060.87 2,921,864 . 78 2,948,959.59
001/0000 500 1100 REGULAR INSTR UCTION - SUPPLIES 1,073,339.22 24,013.03 275,866.92 179,747.45 617,724.85 25. 7% 1200 SPECIAL INSTRUCTION - SUPPLIES 38,8 11.43 1,256.70 16,813.64 526.19 21,471.60 43.3% 1300 VOCATIONAL INSTRUCTION - SUPPLI ES 107,823.95 9,393.99 69,699.75 28,348.11 9,776.09 64.6% 1900 GENERAL OTHER INSTRUCTION SUPPLY/MATE 10,000 . 00 .00 .00 . 00 10,000.00 0.0% 2100 PUPIL SUPPORT SERVICES - SUPPLIES 43,600.00 68.56 39,051.01 545. 92 4,003.07 89.6% 2200 STAFF SUPPORT SERVICES - SUPPLI ES 31,866.55 2,465.41 10,707.34 1,732.13 19,427 . 08 33.6% 2300 BD OF EDUCATION - SUPPLIES 500.00 .00 .00 .00 500.00 0.0% 240 0 ADMINISTRATIVE - SUPPLIES 65,618.51 1,609.07 15,330.49 11,407.99 38,880.03 23.4% 2500 FISCAL SERVICES - SUPPLIES 7,859.65 250 . 63 1,702.38 3,475.67 2,681.60 21. 7% 2700 OPERATION & MAINT - SUPPLIES 577,357.83 26,318.56 169,286.98 408,314.92 244.07- 29.3% 2800 TRANSPORTATION SERVICES - SUPPLIES 490,575.83 36,968.53 229,595.71 265,012.10 4,031.98- 46.8% 2900 INFORMATIONAL SERVICES - SUPPLIES 3,500 .00 .00 .00 .00 3,500.00 0.0%
Fund 001/0000 Obj 500 Totals 2,450,852.97 102,344 .4 8 828,054.22 899,110.48 723,688.27
001/0000 600 1100 REGULAR INSTRUCTION - CAPITAL OUTLAY 299,609.91 .00 44,184.42 .00 255,425.49 14. 7% 1200 SPECIAL INSTRUCTION - CAPITAL OUTLAY 12,000.00 .00 . 00 824.39 11,175.61 0.0% 1300 VOCATIONAL INSTRUCTION - CAPITAL OUTL 111,238.02 .00 53,139.89 20,369.50 37,728.63 47.8% 2200 STAFF SUPPORT SERVICES - CAPITAL OUTL 5,000 .00 1,235.00 1,728.10 .00 3,271.90 34.6% 2400 ADMINISTRATIVE - CAPITAL OUTLAY 8,200 . 00 .00 .00 .00 8,200.00 0.0% 2500 FISCAL SERVICE S - CAPITAL OUTLAY 5,000.00 .00 .00 .00 5,000.00 0.0% 2700 OPERATION & MAINT - CAPITAL OUTLAY 184,844.44 .0 0 24,998.87 64,959.44 94,886.13 13.5% 2800 TRANSPORTATION SERVICES - CAPITAL OUT .00 .0 0 .00 25,000.00 25,000.00- 0.0%
Fund 001/0000 Obj 600 Totals 625,892 . 37 1,235.00 124,051.28 111,153.33 390,687.76
001/0000 800 2300 BD OF EDUCATION - MISC OBJECTS 90,000 . 00 20,711 . 00 30,126.95 150.00 59,723.05 33.5% 2400 ADMINISTRATIVE - MISC OBJECTS 500.00 .00 .00 .00 500.00 0.0% 2500 FISCAL SERVICE S - MISC OBJECTS 900,000.00 15,164.03 410,666.51 .00 489,333.49 45.6% 2700 OPERATION & MAINT - MISC OBJECTS 30,000.00 .0 0 1,776.50 1,500.00 26,723.50 5.9% 2800 TRANSPORTATION SERVICES - MIS C OBJECT 1,000.00 .00 665 .00 985.00 650.00- 66.5% 4100 ACADEMIC & SUBJECT - MISC OBJECTS 27,892.20 500.00 6,156 . 29 2,574.92 19,160.99 22.1%
Fund 001/0000 Obj 800 Totals 1,049,392.20 36,375.03 449,391.25 5,209.92 594,791.03
001/0000 900 7200 TRANSFERS TO OTHER FUNDS 85,000.00 .00 .00 .00 85,000. 00 0 . 0% 7400 ADVANCES TO OTHER FUNDS 290,000.00 .00 .00 .00 290,000.00 0.0% 7500 REFUND OF PRIOR YEARS RECEIPTS 24,500.00 .00 22,563.10 .00 1,936.90 92 .1%
Fund 001/0000 Obj 900 Totals 399,500.00 .00 22,563.10 .00 376,936 . 90
3 Date: l/02/13 M A N A G E M E N T A P P R O P R I A T I O N R E P O R T Page: Processing Month: December 2012 (APPOBJSEL)
FINDLAY CITY SCHOOLS
FYTD MTD FYTD Curren t Unencumbered FYTD Fune Accoun t Description Appropriation Expended Expended Encumbered Balance %Exp
Fund: 001/0000 Obj: 900
** Fund 001 Sec 0000 Totals 55,637,262.85 4, 086,048.49 25,565,590.56 4,481,391.00 25,59 0,281.2 9
002/9095 810 6100 ASBESTOS LOAN EX0114 - PRINC IPAL PAYM 30,698. 00 . 00 30,697.75 . 00 .25 100.0%
Fund 002/9095 Obj 810 Totals 30,698.00 .00 30,697.75 .00 .25
** Fund 002 Sec 9095 Totals 30,698.00 .0 0 30,69 7.75 .00 . 25
6100 BOND RETIRE REPAYMENT OF DEBT REDEMPT 1 ,130,000.00 .00 1,130 ,000.00 .00 .00 100.0%
Fund 002/9123 Obj 810 Totals 1 ,130,00 0.00 . 00 1,130,000.00 .00 .00
002/9 123 820 6100 BOND RETIRE REPAYMENT OF DEBT INTERES 2,863,373.00 .00 1,436,6 30.00 .00 1,426,743.00 50.2%
Fund 002/9123 Obj 820 Totals 2,863,373.00 .00 1, 436,630.00 .00 1,4 26 ,743.00
** Fund 002 Sec 9123 Totals 3,993,373.00 .00 2,566,630 . 00 .00 1,426,743.00
003/9030 400 5200 PERMANENT IMPROVEMENT - PURCHASED SER 38, 059. 40 .00 24,700 . 00 3,059.4 0 10,300.00 64.9% 5300 PERMANENT IMPROVEMENT - PURCHASED SER 400,00 0 .00 .00 .00 . 00 400,000.00 0.0%
Fun d 003/9030 Obj 400 Totals 438,059.40 .00 24,700.00 3,059.40 410,300.00
003/9030 500 1100 PERM IMPROVE REG INSTRUCTION SUPPLY/M 50,000.00 .00 .00 .00 50,000.00 0.0% 2700 PERM IMPROVE OPERATION/MAINT OF PLANT 1,684,744.14 l,273,300.26 - 110,603.61 124,616.89 1,449,523.64 6.6%
Fund 003/9030 Obj 500 Totals 1,734,744.14 1,273,300.26 - 110,603.6 1 124,616.89 1, 499,523.64
003/9030 600 1100 PERMANENT IMPROVEMENT - CAPITAL OUTLA 672,857.86 .00 435,818.21 8, 138.72 228,900.93 64.8% 2100 PERM IMPROVE SUPPORT SERV-PUPILS CAPI 241,900.00 .00 188,666.72 3,23 3.28 50,000.00 78.0% 2700 PERM IMPROVE OPERATION/MAINT OF PLANT 50,000.00 . 00 . 00 .00 50,000.00 0.0% 4500 PERM IMPROVE SPORT ORIENTED ACTIVITY 15,00 0.00 .00 13,325.00 .00 1,675.00 88.8% 5200 PERM IMPROVE SITE IMPROVEMENT CAPITAL 1,311,440.88 1 , 310,374.87 1,462,362.80 30,919.77 181,841.69- 111. 5%
Fund 003/9030 Obj 600 Totals 2,291,198.74 1,310,374.87 2,100,172 . 73 42,291.77 148,734.24
003/9030 900 7200 PERM IMPROVE TRANSFER OTHER USES OFF 324,021.00 .00 .00 .00 324,021.00 0.0%
Fund 003/9030 Obj 900 Totals 324,021.00 .00 .00 .00 324,021.00
Date: 1/02/13 M A N A G E M E N T A P P R O P Processing Month:
FINDLAY CITY
R I A T I O N December 2012 SCHOOLS
R E P O R T Page: (APPOBJSEL)
4
Fune Account Description FYTD
Appropriation MTD
Expended FYTD
Expended Current
Encumbered Unencumbered
Balance FYTD %Exp
Fu n d: 003/9030 Obj: 900
** Fund 003 Sec 9030 Totals 4,788,023.28 37,074.61 2,235,476.34 169,968.06 2,382,578.88
003/9031 400 5200 PERMANENT IMPROVEMENT - PURCHASED SER 65,073.68 9,502 .24 68,24 4.55 98,767.82 101,938.69 - 104.9%
Fund 003/9031 Obj 400 Totals 65,073.68 9,502.24 68,24 4.55 98,767.8 2 101,938.69-
003/9031 600 1100 PERMANENT IMPROVEMENT - CAPITAL OUTLA 5200 PERM IMPROVE SITE IMPROVEMENT CAPITAL
100,000.00 700,000.00
.00
. 00 .00 .00
.00
. 00 100,000.00 700,000.00
0.0% 0.0%
Fund 003/9031 Obj 600 Totals 800,000.00 .00 . 00 .00 800,000.00
** Fund 003 Sec 9031 Totals 865,073.68 9,502.24 68,244.55 98,767.82 698,061.31
003/9039 400 2700 CENTRAL AUDITORI UM - PURCHASED SERVIC 8,000 . 00 .00 .00 5,500.00 2,500.00 0.0%
Fund 003/9039 Obj 400 Totals 8,000.00 .00 .00 5,500.00 2,500.00
003/9039 600 5300 CENTRAL AUDITORIUM - CAPITAL OUTLAY 3,000.00 .00 .00 5,000.00 2,000.00- 0.0%
Fund 003/9039 Obj 600 Totals 3,000.00 .00 .00 5,000.00 2,000.00-
** Fund 003 Sec 9039 Totals 11,000.00 .00 .00 10,500.00 500.00
004/9123 400 2700 BUILDING 5300 BUILDING 5500 BUILDING
OPERATION/MAINT OF PLANT PUR ARCHITECT/ENGINEERING PURCHA BLDG ACQUISITION/CONSTRUCT P
42,334.00 604,043.00 525,729.25
.00 13,581.02 34,098.19
3,000.00 91,076 .39
207,412 .10
4,713.20 388,938.16
69,617.15
34,620.80 124,028.45 248,700.00
7 .1% 15 .1% 39.5%
Fund 004/9123 Obj 400 Totals 1,172, 106.25 47,679.21 301,488.49 463,268.51 407,349.25
004/9123 500 2900 BUILDING SUPPORT SERV/CENTRAL SUPPLY/ 3,266.00 .00 . 00 .00 3,266.00 0 .0%
Fund 004/9123 Obj 500 Totals 3,266.00 .00 .00 .00 3,266.00
004/9123 600 2100 BUILDING 2700 BUILDING 5200 BUILDING 5500 BUILDING
SUPPORT SERV-P UPILS CAPITAL OPERATION/MAINT OF PLANT CAP SITE IMPROVEMENT CAPITAL OUT BLDG ACQUISITION/CONSTRUCT C
408,601.38 .00
200,000.00 2,369,422.41
.00
.00
.00 90,850.00
13,075.38 .00 .00
1,402,210.11
298,679. 76 46,700.00
.00 209,814.86
96,846.24 46,700. 00-
200,000.00 757,397.44
3.2% 0.0% 0.0%
59.2%
Fund 004/9123 Obj 600 Totals 2,978,023.79 90,85 0 .00 1,415,285.49 555,194.62 1,007, 543.68
Date: l/02/13 M A N A G E M E N T A P P R O P R I A T I O N R E P O R T Page: 5 Processing Month: Dece mber 2012 (APPOBJSEL)
FINDLAY CITY SCHOOLS
FYTD MTD FYTD Current Unencumbered FYTD Fune Account Description Appropriation Expended Expended Encumbered Balance %Exp
Fu nd: 004/9123 Obj: 600
** Fund 004 Sec 9123 Totals 4,153,396.04 138,529.21 1,716 , 773.98 1,018,463.13 1,418,158.93
006/9060 100 3100 FOOD SERVICES - SALARY 719,820.00 68,742.59 300,312.74 .00 419,507.26 41.7%
Fund 006/9060 Obj 100 Tota l s 719,820.00 68,742.59 300,312.74 .00 419,507.26
006/9060 200 3100 FOOD SERVICES - FRINGE BENEFITS 230,547.00 19,254.47 96,992.27 7,211.48 126,343.25 42 .1%
Fund 006/9060 Obj 200 Totals 230,547.00 19,254.47 96,992.27 7,211.48 126,343.25
006/9060 400 3100 FOOD SERVICES - PURCHASED SERVICES 4 9,730.29 1,567.94 16,096.28 29,804.25 3,829.76 32.4%
Fund 006/9060 Obj 400 Totals 49,730.29 1,567.94 16,096.28 29,804.25 3,829.76
006/9060 500 3100 FOOD SERVICES - SUPPLIES 85 6 , 997.54 45,197.23 333,921 . 58 520,487.31 2,588.65 39.0%
Fund 006/9060 Obj 500 Tot a ls 85 6,997.54 45,197.23 333,921.58 520,487.31 2,588.65
006/9060 600 3100 FOOD SERVICE FOOD SERV OPERATION CAPI 10,614.00 .00 . 00 .00 10,614.00 0.0%
Fun d 006/9060 Obj 600 Totals 1 0 , 614.00 .00 . 00 .00 10,614 . 00
006/9060 800 3100 FOOD SERVICES - MISC OBJECTS 7,546.40 294.00 2,181.60 3,112.40 2,252.40 28.9%
Fund 006/9060 Obj 800 Totals 7,546.40 294.00 2,181.60 3,112 . 40 2,252.40
006/9060 900 7500 FOOD SERVICES - REFUND OF PRIOR YEARS 312,978.00 .00 .00 .00 312,978 . 00 0.0%
Fund 006/9060 Obj 900 Totals 312,978.00 .00 .00 .00 312,978.00
** Fund 006 Sec 9060 Totals 2,188,233.23 135,056.23 749,504 . 47 560,615.44 878,113.32
Grand Total All Funds 71,667,060 . 08 4 ,406,210.78 32,932,917.65 6,339,705.45 32,394,436.98
Findlay City
School District
2nd Quarter Reports Fiscal Year Ending
June 30, 2013
Submitted to Findlay Board of Education By Mike Barnhart, Treasurer
January 2013
FINDLAY CITY SCHOOL DISTRICT Quarter Report
TABLE OF CONTENTS
PAGE
Insurance & Fringe Benefits Report – Quarter ........................................................................ 1
Insurance & Fringe Benefits Report – Annual
Treasurer’s Report – December 2012..................................................................................... 5
......................................................................... 2
Investments by Category and Interest Earnings Charts .......................................................... 3
General Fund FY13 Appropriations......................................................................................... 4
C
C
■
FINDLAY CITY SCHOOL DISTRICT Quarter Report Page 1
Insurance & Fringe Benefit Report 2nd Quarter
2nd Quarter Fiscal Year Ended December 31 Ended December 31
FY11 FY12 FY13 FY11 FY12 FY13 Administrative Costs Dental/Vision $ 4,896 $ 6,670 $ 6,732 $ 9,764 $ 11,679 $ 11,917 Medical 104,704 94,485 92,169 158,826 176,985 184,513 Board H S A Contribution - 106,930 52,504 - 106,930 105,608
Total Administrative Costs 109,600 208,085 151,404 168,589 295,594 302,038
Stop Loss Insurance Specific and Aggregate 144,231 120,403 146,562 168,108 229,517 270,857
Total Stop Loss Insurance 144,231 120,403 146,562 168,108 229,517 270,857
Insurance Costs Dental/Vision Claims 104,199 105,156 96,337 237,080 222,479 228,238 Medical Claims 1,846,873 1,749,097 1,304,093 2,796,851 3,308,297 2,738,247
Total Insurance Costs 1,951,072 1,854,254 1,400,429 3,033,931 3,530,775 2,966,485
Life Insurance 7,286 6,871 6,710 14,558 13,731 13,330
Total Insurance Costs 2,212,188 2,189,613 1,705,106 3,385,187 4,069,617 3,552,710
Other Fringe Benefits Worker's Compensation - - - - - - Retirement Costs 1,420,683 1,461,572 1,340,885 2,810,803 2,891,953 2,658,564 Medicare Costs 112,170 107,107 105,837 211,156 204,725 200,042 Unemployment Claims 8,166 6,231 3,915 8,782 11,505 11,062 Tuition Reimbursement 60,922 62,146 63,275 60,922 62,146 64,475 Professional Dues - - - - - 475
Total Other Fringe Benefits 1,601,940 1,637,056 1,513,913 3,091,663 3,170,330 2,934,618
Total Cost $ 3,814,129 $ 3,826,668 $ 3,219,019 $ 6,476,850 $ 7,239,947 $ 6,487,327
Quarter Insurance & Fringe Benefit Comparison
$2,100,000
$1,800,000
$1,500,000
$1,200,000
$900,000
$600,000
$300,000
$0
FY11
FY12
FY13
Medical/Stop Loss Dental/Vision Life Insurance Workers Retirement Medicare/ Tuition Professional Dues Compensation Unemployment Reimbursement
□
■
□
■
FINDLAY CITY SCHOOL DISTRICT Quarter Report Page 2
Insurance & Fringe Benefits Report Annual
Fiscal Years 2009-2012 FYTD
2009/10 2010/11 2011/12 2012/13 Administrative Costs Dental / Vision $21,759 $20,229 $22,316 $11,917 Medical 323,407 314,696 360,265 184,513 Board H S A Contribution - - 468,952 105,608 Total Administrative Costs $345,166 $334,926 $851,533 $302,038 Stop Loss Insurance Specific and Aggregate $287,012 $382,002 $462,359 $270,857 Insurance Costs Dental / Vision Claims $478,092 $507,268 $476,441 $228,238 Medical Claims 6,619,659 5,785,332 5,597,024 2,738,247 Total Insurance Costs $7,097,752 $6,292,600 $6,073,465 $2,966,485
Life Insurance $27,614 $28,813 $27,278 $13,330 Total Insurance Costs $7,757,543 $7,038,341 $7,414,636 $3,552,710
Retirement Retirement - Sch. Found. $4,999,248 $5,262,816 $5,115,624 $2,465,316 Retirement - Pick-up 446,097 451,220 442,186 193,248 Total Retirement $5,445,345 $5,714,036 $5,557,810 $2,658,564
Other Fringe Benefits Worker's Comp $228,653 $185,515 $251,514 $0 Medicare $426,193 $429,626 $411,908 $200,042 Unemployment $31,340 $18,049 $32,955 $11,062 Tuition Reimbursement $65,247 $60,922 $63,122 $64,475 Professional Dues $158,757 $155,950 $137,889 $475 Total Other Fringe Benefits $910,190 $850,062 $897,388 $276,054
Total Cost $14,113,079 $13,602,439 $13,869,834 $6,487,327
$0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
Insurance Retirement Other
Annual Insurance & Fringe Benefit Comparison
FY10
FY11
FY12
FY13
□
■
□
FINDLAY CITY SCHOOL DISTRICT Quarter Report Page 3
Investments by Category
Liquid Asset Mgmt. 13%
Other Securities/Notes
67%
Star Ohio/Maxsaver/ Citizens National
1%
Certificates of Deposit 19%
Amount Category Financial Institution $ 2,471,040 Liquid Asset Management Fifth Third Bank $ 3,708,130 Certificates of Deposit Miscellaneous Banks $13,096,483 Other Securities/Notes Multibank Securities $ 141,699 Liquid Investment Accounts STAR Ohio/Maxsaver/Citizens Ntl./Key
*Remainder of $54 million of bond proceeds to be spent by FY14 are not included above.
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Total FY11 $180,764 $65,409 $131,074 $86,979 $464,226 FY12 $199,117 $65,362 $145,429 $46,560 $456,468 FY13 $117,281 $65,672 $- $- $182,953
$-$50,000
$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000
Interest Earnings
Investment Objective and Guidelines – Board Policy 4.18 adopted 9/16/96
1. Preservation of capital and protection of principal 2. Strive to achieve a fair and safe average rate of return 3. Sufficiently liquid to enable operating requirements 4. Diversified in order to avoid potential losses 5. Exercise degree of judgment and care 6. Bank account relationships managed to secure adequate services while minimizing costs
*Does not include interest earned on $54 million of bond proceeds received February 2010.
FINDLAY CITY SCHOOL DISTRICT Quarter Report Page 4
Findlay City School District General Fund FY13 Appropriations
FYTD Prior FY FYTD Expenditures Percentage Appropriations Carryover Expendable FYTD FYTD
Funct General Fund Descriptions as of 12/31/12 Encumbrances as of 12/31/12 as of 12/31/12 as of 12/31/12 1100 Regular Instruction $ 21,290,672 $ 233,197 $ 21,523,869 $ 10,382,794 48.24% 1200 Special Instruction 5,665,700 33,929 $ 5,699,629 2,523,899 44.28% 1300 Vocational Instruction 2,363,000 48,188 $ 2,411,188 1,169,858 48.52% 1900 Other Instruction 5,270,000 6,244 $ 5,276,244 2,310,477 43.79% 2100 Support Services - Pupils 2,405,700 5,680 $ 2,411,380 1,062,092 44.04% 2200 Support Services - Instructional 3,134,500 7,041 $ 3,141,541 1,323,178 42.12% 2300 Board of Education 167,500 29,763 $ 197,263 62,079 31.47% 2400 Executive Administrative Services 3,761,150 37,863 $ 3,799,013 1,860,030 48.96% 2500 Fiscal Services 1,520,800 7,836 $ 1,528,636 717,947 46.97% 2700 Operations and Maintenance 5,576,307 452,936 $ 6,029,243 2,714,600 45.02% 2800 Transportation 2,080,000 151,012 $ 2,231,012 1,055,085 47.29% 2900 Informational Services 73,100 - $ 73,100 23,268 31.83% 4100 Academic and Subject Oriented 159,350 892 $ 160,242 44,951 28.05% 4500 Sports Oriented 649,400 225 $ 649,625 267,211 41.13% 4600 School and Public 79,400 - $ 79,400 22,319 28.11% 5300 Architect Services 20,000 6,377 $ 26,377 3,241 12.29% 7200 Transfers 85,000 - $ 85,000 - 0.00% 7400 Advances 290,000 - $ 290,000 - 0.00% 7500 Refund of Prior Year 24,500 - $ 24,500 22,563 92.09%
General Fund Total $ 54,616,079 $ 1,021,184 $ 55,637,263 $ 25,565,591 45.95%
Appropriation Implementation – Board Policy 4.03 adopted 5/29/07
The Board placed the responsibility for administering the appropriation measure, once adopted, with the Superintendent. In order to allow the Superintendent to administer and control the appropriation measure in an effective and efficient manner, the following principles shall be followed:
1. All actions of the Superintendent or duly delegated employees of the District in executing the programs and/or activities, as set forth in the adopted appropriation measure, are authorized to implement said programs and/or activities, subject, however, to continuous review by the Board and further limited to the following express provision:
a. All expenditure of funds for the employment and assignment of personnel meet the legal requirements of the Ohio Revised Code and adopted Board policies.
b. All expenditures so authorized are contained and are fully funded within the line item of the appropriation unit as adopted by the Board.
c. All purchases are made in accordance with the requirements of the Ohio Revised Code and adopted Board policy.
d. Appropriate financial reports are given to the Board monthly. e. The Treasurer will notify the Board whenever any object level (e.g. 500 Supplies) within
the same function level (e.g. 1100 Regular Instruction) of the general fund increases or decreases more than $200,000 over a 6-month period in any given fiscal year. Increases or decreases at the function level require Board approval.
2. The Board, recognizing that prompt payment of bills improves efficiency and lowers cost of operation, and to take advantage of time discounts, at the time it authorizes an expenditure, authorized the Treasurer or his/her designated representative to make payment, provided the expenditure is made in accordance with principles set forth above and the amount of payment does not exceed the estimated cost shown on the approved or ratified purchase order by 10% for all orders over $1,000.00.
FINDLAY CITY SCHOOL DISTRICT Quarter Report Page 5
FINDLAY CITY SCHOOLS TREASURER'S REPORT DECEMBER 2012
June 30, 2012 JUL-DEC YTD % OF JUL-DEC YTD % OF December 31, 2012 OUTSTANDING UNENCUMBERED UNENCUMBERED UNENCUMBERED
FUND CASH BALANCE RECEIPTS BUDGET EXPENSES BUDGET CASH BALANCE ENCUMBRANCES BAL. Dec. 31, 2012 Bal. Dec. 31, 2011 Bal. Dec. 31, 2010
$ 6,744,563 $ 9,632,893 GENERAL $ 11,176,203 $ 25,701,118 48.4% $ 25,565,591 46.0% $ 11,311,730 $ 4,481,391 $ 6,830,339 + - (21,567) BDGT STABILIZATION - - 0.0% - 0.0% - - -
$11,474,214 46% *
$3,588,606 50%
$9,268,935 51%
• • • • •
$477,164 33%
150,497 203,849 ASBESTOS LOAN/BONDS 768,343 1,827,839 47.1% 2,597,328 64.5% (1,146) - (1,146) 2,568,794 1,134,095 PERM. IMPRVMNT 3,391,688 1,199,840 52.7% 2,303,721 40.7% 2,287,807 279,236 2,008,571
(65,309) 14,177,358 2010 BOND PROCEEDS 4,143,917 14,350 143.5% 1,716,774 41.3% 2,441,493 1,018,463 1,423,030 216,371 231,703 FLOOD FUND - - 0.0% - 0.0% - - -
(260,370) (334,008) FOOD SERVICE 334,715 638,233 30.4% 749,504 34.3% 223,443 560,615 (337,172) 1,174,977 1,036,821 ENDOWMENTS & TRUSTS 1,397,616 11,415 3.8% 615,679 61.6% 793,352 89,540 703,812 6,155,151 39,195,271 OSFC BLDG PROJECT 27,620,546 823,920 91.5% 19,719,632 69.2% 8,724,834 5,386,851 3,337,983 908,355 479,934 NEW BLDG MAINTENANCE 1,267,460 124,575 30.1% - 0.0% 1,392,035 - 1,392,035 33,186 101,225 MILLSTREAM 42,774 457,906 45.8% 333,325 32.5% 167,355 28,455 138,901 60,946 57,896 PUBLIC SUPPORT 87,134 47,961 60.0% 28,308 27.8% 106,787 20,935 85,852 11,241 6,292 FABSS 28,349 80,184 47.2% 66,627 41.6% 41,906 3,800 38,106 3,100,398 2,358,996 HEALTH INSURANCE 3,116,022 3,311,394 44.2% 3,539,380 47.2% 2,888,037 5,095 2,882,942 90,886 104,644 STUDENT ACTIVITIES 117,316 50,627 24.1% 43,458 20.0% 124,485 36,781 87,704 269,968 255,135 DISTRICT ACTIVITIES 361,865 333,827 53.4% 278,187 43.1% 417,505 125,810 291,695
(33,687) 61,960 AUXILIARY SRVCS 47,285 172,292 49.2% 146,590 38.3% 72,987 108,162 (35,176) 3,812 3,147 STATE GRANTS 44,258 9,510 3.5% 53,025 21.8% 744 3,304 (2,560)
(249,363) (119,548) FEDERAL GRANTS 326,797 1,399,814 36.6% 1,760,022 49.6% (33,411) 337,640 (371,051) 303,369 205,106 OTHER MISC FUNDS 433,483 202,771 45.1% 259,137 48.0% 377,117 59,559 317,558
TOTALS $ 54,705,770 $ 36,407,577 47.0% $ 59,776,288 51.7% $ 31,337,059 $ 12,545,637 $ 18,791,423 $ 21,183,785 $ 68,771,201
+NOTE: General fund unencumbered balance includes $183,814 in Workers Comp Risk Reduction Fund (001-9195)
= funds related to OSFC building project for two (2) new middle schools and new Millstream Career Center = fund to pay off debt. Revenue is from < 4.3 mill levy and is used to pay 27-year bond debt thru 2037. 1993 interest free asbestos loan paid in full.
FY 2013 GENERAL FUND REVENUE FY 2013 GENERAL FUND EXPENSE
$235,205 38%
$546,872 41%
$1,727,165 70%
$734,783 78%
$87,709 11%
Prop Taxes=47.0% Open Enrolled=2.5% Rollback=13.4%
Tuition=1.4% State Formula=33.9% Misc.=1.8%
$14,490,614 48%*
$5,697,908 53%
$7,419,926 72%
Salaries=53.9% Fringes=19.4% Services=18.6%
Supplies=4.4% Equipment=1.1% Other=2.6%
*Pie percentages indicate estimated revenue received or budgeted expense spent/encumbered from each category. For example, 46% of FY13 estimated property tax revenue (red) has been received to date.
DECEMBER 2012
Midway through the District’s fiscal year and the District has spent $25,565,591 which is 46% of what has been budgeted in the general fund. Last year at this time, $26,063,202 was spent from the general fund. Investment earnings, as reported on page 3 remain stagnant which is somewhat encouraging given that our higher yield investments continue to come due or get called. The field work on the 2012 audit is complete and the final audit report is expected to arrive within the next couple of months. It is expected to be another clean audit. As required by law, the 2014 Tax Budget has been completed and sent to the County Auditor.
The District nears final completion of the OSFC process and is on time and under budget! Students are now in all three of the new buildings. The next transitional challenge is the consolidation of four elementary buildings into three where Washington (grades 3-5) will become a pre-school/administrative building while Jacobs and Northview will both expand from K-2 to K-3 buildings and Bigelow Hill will house all of that area’s fourth and fifth graders.
The biggest financial challenge in 2013 will be to retain and increase our enrollment by promoting our new buildings and trumpeting the quality and variety of the programs we offer as they relate to academics, advanced placement, athletics, art, college credit, community service, gifted services, music, pre-school, vocational opportunities, etc., etc., etc.
Findlay City School District 1219 W. Main Cross, Suite 101
Findlay, Ohio 45840
www.findlaycityschools.org
Published January 2013
I
~I I --
Findlay City School District
Hancock County
Five Year Forecast for Fiscal Years 2010 through 2017
Actual Forecasted Fiscal Year Fiscal Year Fiscal Year Average Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year
2010 2011 2012 Change 2013 2014 2015 2016 2017
Revenues
1.010 General Property Tax (Real Estate) $23,741,953 $24,606,689 $24,530,395 1.7% $24,881,327 $25,005,734 $22,751,699 $20,498,290 $20,624,572
1.020 Tangible Personal Property Tax 227,729 68,631 -84.9% 25,000 20,000 15,000 10,000
1.030 Income Tax
1.035 Unrestricted Grants-in-Aid (all 3100's except 3130) 17,809,352 17,737,685 18,148,198 1.0% 18,190,000 18,553,491 18,553,491 18,553,491 18,553,491
1.040 Restricted Grants-in-Aid (3200's) 323,326 320,471 322,267 -0.2% 310,000 310,000 310,000 310,000 310,000
1.045 Restricted Federal Grants-in-Aid - SFSF/Ed Jobs 1,122,641 1,400,997 906,404 -5.3%
1.050 Property Tax Allocation (3130) 9,341,681 9,175,091 8,157,633 -6.4% 7,142,000 6,123,000 5,104,000 4,085,000 3,066,000
1.060 All Other Revenues 3,087,995 2,881,245 2,716,787 -6.2% 2,871,000 2,836,000 2,801,000 2,766,000 2,731,000
1.070 Total Revenues 55,654,677 56,190,809 54,781,684 -0.8% 53,394,327 52,853,225 49,540,190 46,227,781 45,295,063
Other Financing Sources
2.040 Operating Transfers-In 1,802
2.050 Advances-In 121,840 550,000 0.0% 225,000 225,000 225,000 225,000
2.060 All Other Financing Sources 53,320 40,213 69,745 24.4% 50,300 4,300 4,300 4,300 4,300
2.070 Total Other Financing Sources 176,962 40,213 619,745 681.9% 50,300 229,300 229,300 229,300 229,300
2.080 Total Revenues and Other Financing Sources 55,831,639 56,231,022 55,401,429 -0.4% 53,444,627 53,082,525 49,769,490 46,457,081 45,524,363
Expenditures
3.010 Personnel Services 31,729,494 31,241,442 29,992,366 -2.8% 30,053,274 30,095,314 30,456,457 30,821,935 31,191,798
3.020 Employees' Retirement/Insurance Benefits 12,381,884 12,811,584 12,079,584 -1.1% 10,458,165 11,060,585 11,736,109 12,435,549 13,154,658
3.030 Purchased Services 7,653,434 8,685,552 9,157,234 9.5% 9,657,234 10,022,856 10,155,691 10,663,476 11,196,650
3.040 Supplies and Materials 2,176,103 1,743,759 1,778,054 -9.0% 1,939,054 1,914,054 1,889,054 1,864,054 1,839,054
3.050 Capital Outlay 427,722 649,142 358,073 3.5% 500,000 475,000 450,000 425,000 400,000
3.060 Intergovernmental
Debt Service:
4.010 Principal-All (Historical Only)
4.020 Principal-Notes 108,061 100,314 72,402 -17.5% 30,698
4.050 Principal-HB 264 Loans
4.060 Interest and Fiscal Charges
4.300 Other Objects 955,956 953,203 972,071 0.8% 980,000 990,000 1,000,000 1,010,000 1,020,000
4.500 Total Expenditures 55,432,654 56,184,996 54,409,784 -0.9% 53,618,426 54,557,808 55,687,312 57,220,014 58,802,160
Other Financing Uses
5.010 Operating Transfers-Out 76,182 84,000 447,822 221.7% 85,000 85,000 85,000 85,000 85,000
5.020 Advances-Out 0.0% 225,000 225,000 225,000 225,000 225,000
5.030 All Other Financing Uses 2,500 2,500 2,500 2,500 2,500
5.040 Total Other Financing Uses 76,182 84,000 447,822 221.7% 312,500 312,500 312,500 312,500 312,500
5.050 Total Expenditures and Other Financing Uses 55,508,836 56,268,996 54,857,606 -0.6% 53,930,926 54,870,308 55,999,812 57,532,514 59,114,660
6.010 Excess of Revenues and Other Financing Sources
over (under) Expenditures and Other Financing Uses 322,803 37,974- 543,823 710.2% 486,299- 1,787,784- 6,230,322- 11,075,433- 13,590,297-
7.010 Cash Balance July 1 - Excluding Proposed
Renewal/Replacement and New Levies 10,347,551 10,670,354 10,632,380 1.4% 11,176,203 10,689,905 8,902,121 2,671,799 8,403,634-
7.020 Cash Balance June 30 10,670,354 10,632,380 11,176,203 2.4% 10,689,905 8,902,121 2,671,799 8,403,634- 21,993,931-
8.010 Estimated Encumbrances June 30 984,615 1,421,857 1,021,184 8.1% 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
Reservation of Fund Balance
9.010 Textbooks and Instructional Materials
9.020 Capital Improvements
9.030 Budget Reserve
9.070 Bus Purchases
9.080 Subtotal
10.010 Fund Balance June 30 for Certification of Appropriations 9,685,739 9,210,523 10,155,019 2.7% 9,489,905 7,702,121 1,471,799 9,603,634- 23,193,931-
Revenue from Replacement/Renewal Levies
11.010 Income Tax - Renewal
11.020 Property Tax - Renewal or Replacement 2,379,063 4,758,126 4,758,126
11.300 Cumulative Balance of Replacement/Renewal Levies 2,379,063 7,137,189 11,895,315
12.010 Fund Balance June 30 for Certification of Contracts,
Salary Schedules and Other Obligations 9,685,739 9,210,523 10,155,019 2.7% 9,489,905 7,702,121 3,850,862 2,466,445- 11,298,616-
Revenue from New Levies
13.010 Income Tax - New
13.020 Property Tax - New
13.030 Cumulative Balance of New Levies
14.010 Revenue from Future State Advancements
15.010 Unreserved Fund Balance June 30 9,685,739 9,210,523 10,155,019 2.7% 9,489,905 7,702,121 3,850,862 2,466,445- 11,298,616-
ADM Forecasts
20.010 Kindergarten - October Count 450 445 440 435 430
20.015 Grades 1-12 - October Count 5001 4950 4900 4850 4800
State Fiscal Stabilization Funds included within lines 3.01 through 3.05 above
21.010 Personnel Services SFSF/Ed Jobs 792,738 927,634 725,892
21.020 Employees Retirement/Insurance Benefits SFSF/Ed Jobs 245,442 279,089 233,685
21.030 Purchased Services SFSF 84,461 141,101
21.040 Supplies and Materials SFSF
21.050 Capital Outlay SFSF
21.060 Total Expenditures - SFSF/Ed Jobs 1,122,641 1,347,823 959,577
RATIOS & ANALYSIS FY2013 FY2014 FY2015 FY2016 FY2017
True Days Cash* NO Renewals= line 10.010 / (line 5.050 / 365 days) 64 days 60 days 68 days 64 days 51 days 10 days -61 days -143 days
True Days Cash* w/RENEWALS=line 15.010 / (line 5.050 / 365 days)64 days 60 days 68 days 64 days 51 days 25 days -16 days -70 daysTarget 15.010 balance to equal 40 days cash* 6,083,160 6,166,465 6,011,792 5,910,238 6,013,184 6,136,966 6,304,933 6,478,319
Amount over (short) of goal of 40 days true cash* 3,602,579 3,044,058 4,143,227 3,579,666 1,688,936 (2,286,104) (8,771,378) (17,776,935)
Salary & Benefit Costs / Total Costs (Target Range <= 80-83%) 79.47% 78.29% 76.69% 75.12% 75.01% 75.34% 75.19% 75.02%
Salary & Benefit Costs / Total Rev. (Target Range <= 80-83%) 79.01% 78.34% 75.94% 75.80% 77.53% 80.91% 84.46% 88.19%
Salary & Benefit Costs / Total Rev. + Unresrvd Bal (Target<=75%) 67.33% 67.32% 64.18% 64.37% 67.71% 75.34% 88.74% 113.76%
*The Government Finance Officers Association recommends a minimum of 60 days ( see www.gfoa.org/index.php?option=com_content&task=view&id=1450 )
PRINTED: 1/11/2013
FOR BOARD APPROVAL: 1/16/2013
See accompanying summary of significant forecast assumptions and accounting policies
Includes: General fund, Emergency Levy fund, PBA fund, Textbook fund, Fiscal Stabilization fund & any portion of Debt Service fund related to General fund debt
FINDLAY CITY SCHOOLS FORECAST ASSUMPTIONS – January 16, 2013
REVENUES:
1.010-1.020 Property Tax - Property tax revenues are based on historical growth patterns, including scheduled updates and reappraisals. District voters passed a 5-year 5.9 mill replacement levy in November 2008 (TY2009-2013) with collection starting calendar year 2010 and ending calendar year 2014. A countywide reappraisal occurred in 2010 on which collections began in calendar year 2011. The District’s property values are in decline. Any additional tax revenue collections are due to new growth, expired tax abatements and increased delinquency collections.
The District renewed a 4.9 mill operating levy for 5 years on the March 2012 ballot (TY2012-2016) with collection continuing calendar year 2013 and ending calendar year 2017. An expiring 5.9 mill levy will need to be renewed or replaced by the voters by the end of calendar year 2014 in order to continue collections in 2015.
The tangible personal property tax estimates are based on historical collection levels and recent changes in the state tax laws. Tangible personal property includes furniture & fixtures, machinery & equipment, and inventory. Effective tax year 2006, the tangible personal property tax began a four-year phase out and reimbursement for the schools was promised as is noted below in line 1.050.
The tangible personal property tax was replaced by the new commercial activity tax (CAT), which is being phased in over a five-year period. Once fully phased in, the CAT will be a 0.26% tax on any business’ gross receipts in excess of $1 million. Businesses with gross receipts between $150,000 and $1 million will pay a minimum of $150, while businesses with receipts of less than $150,000 will not be subject to the CAT.
Prior to 2004, taxpayers with less than $10,000 in personal property filed a tax return, even though they would not owe any taxes. The state would use the form to reimburse school districts for personal property tax revenues that were not collected based on the filings. The District used to receive 300K for this but now receives $0.
The amounts in 1.010 and 1.020 do not anticipate the automatic passage of replacement or renewal levies. That means that when a levy is scheduled to expire, the estimated property tax revenue has a corresponding decline (e.g. FY15). Although new levies may be proposed during this time period, no new levies are included in these amounts. Revenues from anticipated replacement/renewal levies are on line 11.020.
1.030 Income Tax - The District has no income tax collections.
1.035-1.040 Grants-in-Aid –To begin the 2009-2010 school year, Governor Strickland and the General Assembly adopted a completely new methodology of calculating funding levels for Ohio's school districts. While Findlay saw no additional funding due to caps and amounts yet to be phased in, it must be acknowledged that this method addressed many aspects of school funding such as building population, pupil teacher ratios, all-day kindergarten, local poverty levels, and local college attainment; none of which were taken into account in the former formula. For FY10 Findlay was guaranteed 99% of FY09 state funding and saw a slight reduction in FY11. Governor Kasich and the 2011 General Assembly removed this method for FY12 & FY13. Simulations show that Findlay will see slight gains here although those gains are offset by losses
from the acceleration of the TPP reimbursement phase-out. A new funding formula has yet to be proposed.
1.045 State Fiscal Stabilization Fund (SFSF) – The 2009 American Reinvestment & Recovery Act included money to be distributed by the State. The State used that money to help fill its gap in formula funding available to school districts. In Findlay’s case it was $1,122,641 in FY10, which when added to other state funding gets us at 99% of the FY09 funding state funding level. This money is tracked in fund #532 and is within this forecast. It replaces funding that was previously provided by the State and is built into the biennial state budget. There are no restrictions on this funding at the local level. The amount for FY11 was $1,400,997. This funding disappeared in FY12 where the Feds & State had hoped that the economy would bounce back by then so that the State could resume past levels of funding, but that did not happen. The $906,404 in FY12 was one-time EdJobs federal funding that was used to retain jobs.
1.050 Property Tax Allocation – Property tax allocation revenues are based on historical growth patterns, including scheduled updates and reappraisals. Passage of a 5-year 4.9 mill renewal levy in March 2012 (TY2012-2016) with collection starting calendar year 2013 and ending calendar year 2017 has been built into the projection.
The amounts in 1.010 and 1.020 do not anticipate the automatic passage of a replacement or renewal levy. That means that when a levy is scheduled to expire, the estimated property tax revenue has a corresponding decline (e.g. FY15). Although new levies may be proposed during this time period, no new levies are included in these amounts. Revenues from anticipated replacement/renewal levies are in line 11.020.
Effective tax year 2006, the tangible personal property tax began a four-year phase out. School districts were promised full replacement of this lost tax over the next few years via the school funding formula and direct payments from the State (excluding the inventory taxes that were already scheduled to be eliminated and the first half-mill on bond and emergency levies). In Findlay’s case, the direct payments from the State will be phased out over six (6) years from 2012 through 2017 with a $1 million reduction each year and are part of line 1.050. That phase out is scheduled to halt in 2015 per the current biennial budget, but this forecast anticipates the phase out will be reinstituted given the past legislature’s original intent.
1.060 All Other Revenues – FY2013-2017 anticipate lower investment income due to dismal rates and a declining cash balance. $113,393 of casino revenue to be received January 2013.
2.010 Proceeds from Sale of Notes - The District does not anticipate any sale of notes.
2.050 Advances-In – Revenues received by a fund as a result of a transfer or advance from another fund in anticipation of future revenue. These are monies that were advanced out in previous year(s) and returned back to general fund. Line 2.050 should match the previous year’s line 5.020.
EXPENDITURES:
3.010 Personnel Services – The amounts for salaries and benefits are based on existing negotiated agreements. No base salary increases have been assumed for fiscal years beyond FY13. Personnel services are projected at 1.2% increases for FY13 and each year beyond to cover experience and education changes. FY07 went down 30-35 certified positions from FY2006 and 12-15 classified positions through a combination of non-renewals, reductions-in-force (RIF’s) and attrition. FY09 reflects a gain of 6 teaching positions primarily due to the implementation of all day every day kindergarten throughout the district. Substitute costs of $650,000 were moved to purchased services beginning in FY08 for the Renhill contract. FY10 includes reductions of 13 positions through a combination of attrition and RIFs, while FY11 includes reductions of 14.5 positions through attrition and 0.5 through RIF. FY12 reflects nearly 40 fewer positions (20.6 instructional, 6.5 administrative/central office, and 12.5 classified). Some are possible as the middle school transition begins while many others are necessary due to declining enrollment. FY13 reflects 2 more transitional reductions along with 6 other reductions, while FY14 completes the personnel reductions from the new buildings with 8 fewer positions. It is the district’s goal to continue to reduce positions if it makes sense in certain situations such as declining enrollment or lack of interest in a particular course. FY10 & 11 had 280K of special ed salaries removed which were covered by federal stimulus funds. Those salaries were paid by the general fund again in FY12.
3.020 Employees’ Retirement/Insurance Benefits – Line 3.020 reflects FY10 general fund health care costs of $6.7 million (medical, prescription, dental and vision) and $7.0 million in FY11. FY2013 based on June 2012 total renewal quote of $6.5 million from Anthem, and 10.0%, 9.5%, 9.0%, and 8.5% increases respectively in the next four years. Line 3.020 also includes approximately $178,000 for professional dues reimbursements, $67,000 for tuition reimbursements, and $90,000 for STRS/SERS 14% contributions for Renhill employees. The remaining benefits (e.g. retirement, Medicare, workers compensation, and unemployment) in line 3.020 are based on 14.5% of salaries in line 3.010. Line 3.020 also reflects a larger employee share of 20% in mid-FY12 which will be recovered by higher employee premiums and/or higher deductibles depending on which plan the employee chooses. Starting in FY12 spouses were required to move off of the FCS plan if their employer provided affordable coverage.
3.030-3.040 Purchased Service and Supplies and Materials – Purchased services, which include contracted substitutes, utilities, repairs, leases, and tuition payments, are forecast to increase by an overall 5.5% in FY13. FY14 supplies will decrease 25K as typical general fund projects will need to be picked up by the PI fund. FY14-FY17 reflect 5% inflation less savings from expiring leases (TLB building in FY14 and freshman wing lease in FY15).
3.050 Capital Outlay – FY13 and beyond presumes fewer general fund district projects than in the past.
4.020 Principal Notes – The District had one remaining interest free asbestos loan from the United States Environmental Protection Agency. Tax revenues posted in the Debt Service Fund cover the scheduled loan payments. The remaining requirement to amortize asbestos loan debt outstanding as of 6/30/12 was $30,698 in 2013 which is now completely paid.
4.300 Other Objects – This line is based on historical patterns and county auditor fees, which increase as collections increase.
5.010 Operating Transfer-Out –$75,000 per year is transferred to fund 432 to cover EMIS costs (extra 50K in FY12 due to severance for retiring EMIS person). Another $10,000 is budgeted for miscellaneous transfers.
5.020 Advances-Out – Advances are transactions, which withdraw money from one fund to another, in anticipation of future revenue. For the fiscal years 2013-2017, the District anticipates a need to annually advance funds to the Food Service Fund, 006-9060, in the amount of $50,000; the Permanent Improvement fund, 003-9030, in the amount of $90,000 and to miscellaneous state and federal funds in the amount of $150,000 to cover cash flow needs. No advances were made out in FY12.
RESERVATION OF FUND BALANCE: 9.010 Textbooks and Instructional Materials – The District meets the annual spending requirement for SB345 set-asides. If the District spends monies in the textbook and instructional material set-aside in excess of the required amount for that year, the Board may deduct the excess amount of money from the required deposit in future fiscal years. This requirement was repealed by HB 30 in 2011.
9.020 Capital Improvements - The district budget meets the annual spending requirement for SB345 set-asides. If the District spends monies in the Capital Improvements set-aside in excess of the required amount for that year, the Board may NOT deduct the excess amount of money from the required deposit in future fiscal years.
9.070 Bus Purchases - The District annually spends the allocations provided in these funds. While such subsidies used to be received every year, there is no expectation that such subsidies will be received in the future based on the current state budget.
11.020 Property Tax Renewal – The District will ask the voters to renew or replace a 5-year 5.9 mill levy that previously passed in November 2008 (TY2009-2013) with collection starting calendar year 2010 and ending calendar year 2014. It will need voter approval by the end of calendar year 2014.
FLOOD NOTES: Hancock County sustained major flood damage from large rainfalls at the end of August 2007. The
Findlay City Schools had 8 properties that were affected: Central, Washington, Lincoln, Wilson Vance, Northview, and
Findlay High School, as well as the Transportation garage and offices, and the softball shed at FHS. Repair and
restoration and mitigation will exceed $3.5 million. The bulk of the damage (over $3.3 million) occurred at Central
Middle School where the district’s central offices and records were located in the basement. On August 27, 2007, the
Board appropriated $1.8 million for immediate needs to help clean up and replace what was damaged in the flood. The
District qualifies for public assistance from FEMA. FEMA covered 75% of the costs, while the State covered about
12.5% and the District covered the remainder.