Comprehensive Annual Financial Report - Harford County Public ...

Harford County Public Schools
Exhibit 2
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED JUNE 30, 2012
Functions/Programs
Net (Expenses)
Revenue and
Changes in
Program Revenues
Net Assets
Operating Capital
Charges for Grants and Grants and Governmental
Expenses Services Contributions Contributions Activities
Governmental activities:
Instruction:
Regular education $ 285,181,986 $ 1,213,515 $ 63,546,823 $ 20,689,116 $ (199,732,532)
Special education 86,373,195 - 39,700,016 - (46,673,179)
Total instruction 371,555,181 1,213,515 103,246,839 20,689,116 (246,405,711)
Support services
Administration 16,113,511 - 1,557,891 15,420 (14,540,200)
Mid-level administration 37,070,005 - 3,573,906 - (33,496,099)
Pupil personnel services 2,322,350 - 158,437 - (2,163,913)
Health services 5,254,923 - - - (5,254,923)
Pupil transportation 37,331,566 - 11,882,142 - (25,449,424)
Operation of plant 40,267,000 - - 16,650 (40,250,350)
Maintenance of plant and equipment 16,989,239 - 279,813 7,662,008 (9,047,418)
Community services 420,776 348,477 7,922 - (64,377)
Food services 15,829,476 7,858,551 7,819,862 - (151,063)
Interest on long-term debt 615,326 - - - (615,326)
Depreciation - unallocated 85,824 - - - (85,824)
Total support services 172,299,996 8,207,028 25,279,973 7,694,078 (131,118,917)
Total governmental activities $ 543,855,177 $ 9,420,543 $ 128,526,812 $ 28,383,194 (377,524,628)
General revenues:
Local appropriations 217,782,344
State aid - unrestricted 143,455,592
Federal aid - unrestricted 1,345,207
Miscellaneous 7,507,665
Unrestricted investment earnings 32,894
Total general revenues 370,123,702
Change in net assets (7,400,926)
Net assets - beginning of year 460,018,864
Net assets - end of year $ 452,617,938
The accompanying notes are an integral part of this financial statement.
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