| Alcorn School District | ||||||||||||||||
| Combined Budget - Original For the Year Ending June 30, 2007 - Date Approved: 07/10/06 | ||||||||||||||||
| Government Fund Types | Proprietary | |||||||||||||||
| Fund Types | ||||||||||||||||
| Revenues | General | Special | Capital | Debt | Permanent | Enterprise | Internal | Total | ||||||||
| Revenue | Projects | Service | Trust | Service | ||||||||||||
| Local Sources | $5,732,604.00 | $655,400.00 | $0.00 | $360,000.00 | $0.00 | $0.00 | $0.00 | $6,748,004.00 | ||||||||
| Intermediate Sources | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| State Sources | $18,153,034.00 | $1,162,244.28 | $0.00 | $576,625.00 | $0.00 | $0.00 | $0.00 | $19,891,903.28 | ||||||||
| Federal Sources | $245,500.00 | $3,437,139.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3,682,639.00 | ||||||||
| Sixteenth Section Sources | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Total Revenues | $24,131,138.00 | $5,254,783.28 | $0.00 | $936,625.00 | $0.00 | $0.00 | $0.00 | $30,322,546.28 | ||||||||
| Expenditures: | ||||||||||||||||
| Instruction | $16,532,222.18 | $2,661,599.32 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $19,193,821.50 | ||||||||
| Support Services | $8,091,017.99 | $1,037,550.45 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $9,128,568.44 | ||||||||
| Noninstructional Services | $9,250.00 | $1,732,129.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1,741,379.08 | ||||||||
| Sixteenth Section | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Facilities Acquisition and Construction | $0.00 | $63,000.00 | $19,825.29 | $0.00 | $0.00 | $0.00 | $0.00 | $82,825.29 | ||||||||
| Debt Service | ||||||||||||||||
| Principal | $42,548.00 | $52,255.00 | $0.00 | $440,000.00 | $0.00 | $0.00 | $0.00 | $534,803.00 | ||||||||
| Interest | $21,548.00 | $16,450.00 | $0.00 | $10,925.00 | $0.00 | $0.00 | $0.00 | $48,923.00 | ||||||||
| Other | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Total Expenditures | $24,696,586.17 | $5,562,983.85 | $19,825.29 | $450,925.00 | $0.00 | $0.00 | $0.00 | $30,730,320.31 | ||||||||
| Excess/Deficiency of Revenues | ($565,448.17) | ($308,200.57) | ($19,825.29) | $485,700.00 | $0.00 | $0.00 | $0.00 | ($407,774.03) | ||||||||
| Over Expenditures | ||||||||||||||||
| Other Financing Sources (Uses) | ||||||||||||||||
| Proceeds of General Obligation Bonds | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Proceeds of Refunding Bonds | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Proceeds of Loans | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Inception of Capital Leases | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Insurance Less Recoveries | $27,000.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $27,000.00 | ||||||||
| Sale of Transportation Equipment | $4,500.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4,500.00 | ||||||||
| Sale of Other Property | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Indirect Costs | $5,404.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5,404.00 | ||||||||
| Other Transfers In | $2,246,379.72 | $112,935.85 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2,359,315.57 | ||||||||
| Payments to Escrow Agent | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Miscellaneous Other Financing Sources | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Indirect Transfers Out | $0.00 | $5,404.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5,404.00 | ||||||||
| Other Transfers Out | $2,359,315.57 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2,359,315.57 | ||||||||
| Payment to Refunded Bond | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Escrow Agent | ||||||||||||||||
| Payment to Qualified Zone Academy | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Debt Escrow Agent | ||||||||||||||||
| Miscellaneous Other Financing Use | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Total Other Financing Sources (Uses) | ($76,031.85) | $107,531.85 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $31,500.00 | ||||||||
| Net Change in Fund Balances | ($641,480.02) | ($200,668.72) | ($19,825.29) | $485,700.00 | $0.00 | $0.00 | $0.00 | ($376,274.03) | ||||||||
| Fund Balances/Retained Earnings | ||||||||||||||||
| July 1, 2006 | $3,302,273.05 | $679,802.97 | $19,825.29 | $853,524.38 | $0.00 | $0.00 | $0.00 | $4,855,425.69 | ||||||||
| Prior Period Adjustments | ||||||||||||||||
| Reclassify Fund Equity | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Unrecorded Fund Equity | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| Reclassify Fund Types | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| July 1, 2006 as restated | $3,302,273.05 | $679,802.97 | $19,825.29 | $853,524.38 | $0.00 | $0.00 | $0.00 | $4,855,425.69 | ||||||||
| Increase (decrease) in Reserve for Inventory | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| June 30, 2007 | $2,660,793.03 | $479,134.25 | $0.00 | $1,339,224.38 | $0.00 | $0.00 | $0.00 | $4,479,151.66 | ||||||||