|
CHAPEL HILL- CARRBORO CITY SCHOOL SYSTEM
<br />Governmental Funds
<br />Changes in Fund Balances
<br />Last Ten Fiscal Years
<br />Year Ended June 30
<br />2003
<br />2004
<br />2005
<br />2006
<br />2007
<br />Revenues
<br />State of North Carolina
<br />$45,748,986
<br />$47,229,446
<br />$49,564,687
<br />$51,235,505
<br />$ 55,717,793
<br />Orange County
<br />40,623,152
<br />38,222,907
<br />34,481,233
<br />47,238,885
<br />57,136,424
<br />U.S. Government
<br />4,508,736
<br />5,307,726
<br />4,954,864
<br />4,946,334
<br />4,800,173
<br />Other
<br />15, 578,351
<br />16,700, 657
<br />17,253,167
<br />18,154,810
<br />19,541, 912
<br />Total revenues
<br />106,459,225
<br />107,460,736
<br />106,253,951
<br />121,575,534
<br />137,196,302
<br />Expenditures
<br />Instructional services
<br />71,206,862
<br />74,754,669
<br />76,114,340
<br />78,231,187
<br />86,185,395
<br />System -wide support services
<br />20,202,521
<br />21,644,812
<br />21;628,707
<br />22,607,917
<br />23,611,655
<br />Ancillary services
<br />337,941
<br />309,376
<br />314,160
<br />478,600
<br />665,695
<br />Non - programmed charges
<br />412,569
<br />-
<br />-
<br />467,526
<br />526,474
<br />Debt service - principal
<br />-
<br />419,929
<br />797,250
<br />388,575
<br />410,122
<br />Capital outlay
<br />14,724,089
<br />13,245,075
<br />6,069,782
<br />16,595,509
<br />25,699,612
<br />Total expenditures
<br />106,883,982
<br />110,373,861
<br />104,924,239
<br />118,769,314
<br />137,098,953
<br />Revenues over (under) expenditures
<br />(424,757)
<br />(2,913,125)
<br />1,329,712
<br />2,806,220
<br />97,349
<br />Other financing sources (uses)
<br />Transfers from (to) other funds
<br />$ (65,407)
<br />$ (73,705)
<br />$ (206,234)
<br />$ (578,066)
<br />$ (122,000)
<br />Installment purchase obligations
<br />442,330
<br />302,880
<br />1,791,417
<br />65,407
<br />.368,625
<br />96,646
<br />(578,066)
<br />$ 1,669,417
<br />Net change in fund balances
<br />$ 490,164
<br />$ (2,544,500)
<br />$ 1,426,358
<br />$ 2,228,154
<br />$ 1,766,766
<br />Debt service as a percent of
<br />non- capital expenditures:
<br />0.00%
<br />0.43%
<br />0.81%
<br />0.38%
<br />0.37%
<br />Year Ended June 30
<br />2008
<br />2009
<br />2010
<br />2011
<br />2012
<br />Revenues
<br />State of North Carolina
<br />$59,630,771
<br />$60,922,569
<br />$55,475,547
<br />$55,543,828
<br />$ 58,808,280
<br />Orange County
<br />60,497,786
<br />47,036,977
<br />42,643,077
<br />45,703,931
<br />46,915,324
<br />U.S. Government
<br />5,293,013
<br />5,726,314
<br />9,864,399
<br />11,791,692
<br />5,570,774
<br />Other
<br />21,863,500
<br />23,959,296
<br />23,474,646
<br />24,551,625
<br />24,885,251
<br />Total revenues
<br />147,285,070
<br />137,645,156
<br />131,457,669
<br />137,591,076
<br />136,179,629
<br />Expenditures
<br />Instructional services
<br />101,462,067
<br />106,935,971
<br />102,689,608
<br />103,771,701
<br />105,498,842
<br />System -wide support services
<br />18,627,203
<br />19,848,927
<br />19,658,874
<br />20,087,800
<br />20,327,573
<br />Ancillary services
<br />50,456
<br />46,025
<br />34,044
<br />237,408
<br />136,883
<br />Non - programmed charges
<br />591,395.
<br />579,216
<br />753,318
<br />762,551
<br />638,776
<br />Debt service - principal
<br />515,946
<br />674,050
<br />511,763
<br />717,076
<br />98,967
<br />Capital outlay
<br />26,649,049
<br />9,150,703
<br />5,118,725
<br />8,071,720
<br />10,097,491
<br />Total expenditures
<br />147,896,116
<br />137,234,892
<br />128,766,332
<br />133,648,256
<br />136,798,532
<br />Revenues over(under)expenditures
<br />(611,046)
<br />410,264
<br />2,691,337
<br />3,942,820
<br />(618,903)
<br />Other financing sources (uses)
<br />Transfers from (to) other funds
<br />$ (386,177)
<br />$ (398,639)
<br />$ (577,192)
<br />$ 182,811
<br />$ (107,370)
<br />Installment purchase obligations
<br />209,328
<br />387,981
<br />-
<br />Total other financing sources (uses)
<br />$ (11 76,8Z91
<br />$ 10,658 )
<br />$ (577,192)
<br />$ 182,811
<br />$ 107,370)
<br />Net change in fund balances
<br />$ (787,895 )
<br />$ 399,606
<br />$ 2,114,145
<br />$ 4,125,631
<br />$ 726,273)
<br />Debt service as a percent of
<br />non - capital expenditures:
<br />0.43%
<br />0.53%
<br />0.42%
<br />0.57%
<br />0.08%
<br />Source: Chapel Hill - Carrboro Board of Education, North Carolina, Annual Financial Report for the year ended June 30, 2012
<br />Note: Expenses for 2007 and before are not comparable to 2008 (and after) expenses due to a change in the Uniform Chart of Accounts
<br />required to be used by all Local Education Agencies fn North Carolina.
<br />4 -5
<br />
|