Comprehensive Annual Financial Report - Harford County Public ...
Comprehensive Annual Financial Report - Harford County Public ...
Comprehensive Annual Financial Report - Harford County Public ...
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<strong>Harford</strong> <strong>County</strong> <strong>Public</strong> Schools<br />
Exhibit 5<br />
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES<br />
GOVERNMENTAL FUNDS<br />
FOR THE EAR ENDED JUNE 30, 2012<br />
Food Capital Total<br />
General Services Projects Governmental<br />
Fund Fund Fund Funds<br />
Revenues<br />
Intergovernmental revenues<br />
Local sources $ 217,782,344 $ 189,811 $ 12,068,710 $ 230,040,865<br />
State sources 235,345,597 331,667 15,605,906 251,283,170<br />
Special state and federal programs 28,816,945 - - 28,816,945<br />
Federal sources 1,345,207 7,139,500 - 8,484,707<br />
Earnings on investments 32,894 - - 32,894<br />
Charges for services - 7,858,551 - 7,858,551<br />
Miscellaneous revenues 9,069,657 158,884 708,578 9,937,119<br />
Total revenues 492,392,644 15,678,413 28,383,194 536,454,251<br />
Expenditures<br />
Current<br />
Administrative services 10,775,663 - - 10,775,663<br />
Mid-level administrative services 24,958,804 - - 24,958,804<br />
Instructional salaries 165,117,796 - - 165,117,796<br />
Instructional textbooks and supplies 8,067,047 - - 8,067,047<br />
Other instructional costs 2,839,519 - - 2,839,519<br />
Special education 40,321,768 - - 40,321,768<br />
Student personnel services 1,614,538 - - 1,614,538<br />
Health services 3,292,312 - - 3,292,312<br />
Pupil transportation services 30,917,343 - - 30,917,343<br />
Operation of plant 28,973,599 - - 28,973,599<br />
Maintenance of plant and equipment 12,606,571 - - 12,606,571<br />
Fixed charges 133,890,608 - - 133,890,608<br />
Community services 373,088 - - 373,088<br />
Special state and federal programs 28,816,945 - - 28,816,945<br />
Costs of operation - food services - 15,274,723 - 15,274,723<br />
Capital outlay 327,415 - 26,758,294 27,085,709<br />
Total expenditures 492,893,016 15,274,723 26,758,294 534,926,033<br />
Excess (deficit) of revenues<br />
over expenditures (500,372) 403,690 1,624,900 1,528,218<br />
Other financing sources (uses):<br />
Payments to refunded capital lease (9,838,608) (9,838,608)<br />
Refunded capital lease issued 10,016,647 - - 10,016,647<br />
Net change in fund balances (322,333) 403,690 1,624,900 1,706,257<br />
Fund balances - beginning of year 26,118,820 2,408,567 7,454,370 35,981,757<br />
Decrease in nonspendable fund balance - (57,357) - (57,357)<br />
Fund balances - end of year $ 25,796,487 $ 2,754,900 $ 9,079,270 $ 37,630,657<br />
The accompanying notes are an integral part of this financial statement.<br />
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