SCHOOL DISTRICT OF CITY OF PLEASANTVILLE · 2014-05-05 · The City of Pleasantville, similarly to...

SCHOOL DISTRICT

OF

CITY OF

PLEASANTVILLE

City of Pleasantville Board of EducationPleasantville, New Jersey

Comprehensive Annual Financial ReportFor the Fiscal Year Ended June 30, 2013

Comprehensive AnnualFinancial Report

of the

City of Pleasantville Board of Education

Pleasantville, New JerseyFor the Fiscal Year Ended June 30, 2013

Prepared by

City of Pleasantville Board of Education

Finance Department

TABLE OF CONTENTSINTRODUCTORY SECTION Page

Letter of Transmittal 1-9Organizational Chart 10Roster of Officials 11Consultants and Advisors 12

FINANCIAL SECTIONIndependent Auditor's Report 13-15

Required Supplementary Information - Part IManagement's Discussion and Analysis 16-24

Basic Financial Statements

A District-Wide Financial Statements:

A-1 Statement of Net Position 25A-2 Statement of Activities 26

B Fund Financial Statements

Governmental Funds:B-1 Balance Sheet 27B-2 Statement of Revenues, Expenditures, and Changes in Fund Balances 28B-3 Reconciliation of the Statement of Revenues, Expendiutres, and Changes in

Fund Balances of Governmental Funds to the Statement of Activities 29

Proprietary FundsB-4 Statement of Net Position 30B-5 Statement of Revenue, Expenses and Changes in Fund Net Position 31B-6 Statement of Cash Flows 32

Fiduciary Funds:B-7 Statement of Fiduciary Net Position 33B-8 Statement of Changes in Fiduciary Net Position 34

Notes to the Financial Statements 35-60

Required Supplementary Information - Part II

C Budgetary Comparison Schedules

C-1 Budgetary Comparison Schedule - General Fund 61-78C-1a Combining Schedule of Revenues, Expenditures and Changes

in Fund Balance - Budget and Actual 79-87C-1b Education Jobs Fund Program - Budget and Actual 88C-2 Budgetary Comparison Schedule - Special Revenue Fund 89-90

Notes to the Required Supplementary InformationC-3 Budget- to- GAAP Reconciliation 91

Other Supplementary Information

D School Based Budget Schedules

D-1 Combining Balance Sheet 92D-2 Blended Resource Fund - Schedule of Expenditures Allocated by

Resource Type - Actual 93-99D-3 Blended Resource Fund - Schedule of Blended Expenditures -

Budget and Actual 100-123

E Special Revenue Fund

E-1 Combining Schedule of Revenues and Expenditures 124-125 - Budgetary Basis

E-2 Preschool Education Aid Schedule of Expenditures- 126Budgetary Basis

F Capital Projects Fund:

F-1 Summary Schedule of Project Expenditures N/AF-2 Summary Schedule of Revenues, Expenditures, and Changes N/A

in Fund Balance - Budgetary Basis

F-2 (a) Schedules of Project Revenues, Expenditures, Project Balanceand Project Status - Budgetary Basis- N/A

G. Proprietary Funds:

G-1 Combining Statement of Net Position N/AG-2 Combining Statement of Revenues, Expenses and Changes in

Fund Net Position N/AG-3 Combining Statement of Cash Flows N/A

Internal Service Funds:

G-4 Combining Statement of Net Position N/AG-5 Combining Statement of Revenues, Expenses and Changes in N/A

Fund Net PositionG-6 Combining Statement of Cash Flows N/A

H Fiduciary Funds:

H-1 Combining Statement of Fiduciary Net Position 127H-2 Combining Statement of Changes in Fiduciary Net Position 128H-3 Student Activity Agency Fund Schedule of Receipts and

Disbursements 129H-4 Payroll Agency Fund Schedule of Receipts and Disbursements 130

I Long-Term Debt:

I-1 Schedule of Serial Bonds 131I-2 Schedule of Obligations under Capital Leases 132I-3 Debt Service Fund Budgetary Comparison Schedule 133

STATISTICAL SECTION (Unaudited)

Financial TrendsJ-1 Net Position by Component 134J-2 Changes in Net Position 135-136J-3 Fund Balances - Governmental Funds 137J-4 Changes in Fund Balances - Governmental Funds 138J-5 General Fund Other Local Revenue by Source 139Revenue CapacityJ-6 Assessed Value and Estimated Actual Value of Taxable Property 140J-7 Direct and Overlapping Property Tax Rates 141J-8 Principal Property Taxpayers 142J-9 Property Tax Levies and Collections 143Debt CapicityJ-10 Ratios of Outstanding Debt by Type 144J-11 Ratios of General Bonded Debt Outstanding 145J-12 Direct and Overlapping Governmental Activities Debt 146J-13 Legal Debt Margin 147Demographic and Economic InformationJ-14 Demographic and Economic Statistics 148J-15 Principal Employers 149Operating InformationJ-16 Full-time Equivalent District Employees by Function/Program 150J-17 Operating Statistics 151J-18 School Building Information 152J-19 Schedule of Required Maintenance Expenditures by School Facility 153J-20 Insurance Schedule 154-155

SINGLE AUDIT SECTION

K-1 Independent Auditor's Report - Government Auditing Standards 156-157K-2 Independents Auditor's Report - Single Audit Act 158-160K-3 Schedule of Expenditures of Federal Awards, Schedule A 161-162K-4 Schedule of Expenditures of State Financial Assistance, Schedule B 163K-5 Notes to Schedules of Awards and Financial Assistance 164-166K-6 Schedule of Findings and Questioned Costs 167-168K-7 Summary Schedule of Prior Audit Findings 169-170

Introductory Section

Pleasantville Public Schools Dr. Garnell Bailey (609) 383‐6800 – Ext. 2560 Superintendent of Schools Fax: (609) 677‐8118 E‐mail: Bailey.Garnell@pps‐nj.us November 4, 2013 Honorable President and Members of the Board of Education City of Pleasantville School District Atlantic County, NJ Dear Board Members: The comprehensive annual financial report of the City of Pleasantville School District (District) for the fiscal year ended June 30, 2013 is hereby submitted. Responsibility for both the accuracy of the data and completeness and fairness of the presentation, including all disclosures, rests with the management of the Board of Education (Board). To the best of our knowledge and belief, the data presented in this report is accurate in all material respects and is reported in a manner designed to present fairly the financial position and results of operation of the various funds and account groups of the District. All disclosures necessary to enable the reader to gain an understanding of the District’s financial activities have been included. The comprehensive annual financial report is presented in four sections: 1. Introductory

2. Financial 3. Statistical 4. Single Audit

The introductory section includes this transmittal letter, the District’s organizational chart and a list of principal officials. The financial section includes the Management’s Discussion and Analysis, basic financial statements and schedules, as well as the auditor’s report thereon. The statistical section includes selected financial and demographic information, generally presented on a multi-year basis. The District is required to undergo an annual single audit in conformity with the provisions of the Single Audit Act of 1984 and the US Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations, and the New Jersey OMB Circular 04-04, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid Payments. Information related to this single audit, including the auditor’s report on the internal control structure and compliance with applicable laws and regulations and findings and recommendations, are included in the single audit section of this report. 1) REPORTING ENTITY AND ITS SERVICES: The City of Pleasantville School District is an independent reporting entity as set forth in Section 2100 of the GASB Codification of Governmental Accounting and Financial Reporting Standards. All funds and account groups of the District are included in this report.

1

The District provides a full range of educational services appropriate to grade levels Pre-K through twelve. These include regular, vocational, as well as special education for handicapped children. The District completed the 2012-2013 fiscal year with an enrollment of 3,901 students. This is a 177 student increase from the prior year’s enrollment. The following details the changes in the student enrollment in the District over the last ten years.

Average Daily Enrollment

Fiscal Student Percent Year Enrollment Change 2012/2013 3,901 1.048%

2011/2012 3,724 (1.006%) 2010/2011 3,748 (1.09%) 2009/2010 3,789 1.97% 2008/2009 3,716 0.01%

2007/2008 3,682 0.02% 2006/2007 3,674 0.08%

2005/2006 3,671 (1.05%) 2004/2005 3,710 (2.59%) 2003/2004 3,806 0.79% 2) ECONOMIC CONDITION AND OUTLOOK:

The City of Pleasantville, similarly to other municipalities, has been experiencing significant tax appeals resulting from the depressed economic conditions of the region. The City of Pleasantville has taken steps to minimize the impact of these tax appeals by obtaining permission from the State of New Jersey to issue tax appeal refunding bonds.

The City has been designated an urban enterprise zone (U.E.Z.) effective February 1995. This 20-

year designation had several benefits for existing retail/commercial businesses located in the zone and inducements for attracting new businesses to establish the zone. The State of New Jersey discontinued funding the U.E.Z. in 2011 having a detrimental economic impact on the City.

Pleasantville uses the New Jersey Local Redevelopment and Housing Law to accomplish the

objectives of reusing blighted or abandoned properties within redevelopment areas. The City Center Redevelopment Area is a 30-acre tract in the core of the City’s Center Business District. The Cambria Industrial Park and Pleasantville West Development Areas capture a large tract of light industrial and some commercial parcels in the western portion of the city. The redevelopment of Lakes Bay Project calls for 30 to 50 housing units to be developed on the old High School site. The City Center Project, which calls for approximately 300 units of workforce housing. The City has a 20 acre parcel t hat is a proposed site for affordable housing.

The City in its entirety has been declared in Need of Rehabilitation and there is an adopted Scattered

Site Housing Plan to address the needs for affordable housing. There has been a steady growth in commercial and industrial districts of the City.

2

3) Major Initiatives:

Pleasantville Public Schools has developed several initiatives that continue to catapult us into the 21st Century for college and career readiness. Professional Learning Communities continue to drive the collaboration and planning for each grade level to implement the curriculum. The Common Core State Curriculum will continue to be fully implemented using the New Jersey, Department of Education Model Curriculum. Data from State and local assessments can now be extracted from OnCourse to the s better analyze and use data in planning by all staff to drive student achievement higher. In addition, a Master Schedule has been structured and designed to meet the professional development needs of the staff by allocating time to analyze student achievement data and target intervention for struggling students. Summer professional development (PD) focused on transferring and writing some of the primary courses into On-Course. This project has aligned curriculum to meet the Common Core Stat Standards.. PD also addressed and supported the initiatives that are directly correlated to the CCSS such as continued training in Designing Lessons that Support the CCSS, Integrating Technology into Instruction , Generating Student Learning Goals, Co-Teaching in the Inclusion Classroom, Reading and Writing Informational Text and using Data to determine learning Targets. The beginning of the year focused on preparing teachers for the new teacher evaluation model and preparing for the Next Generation Assessment (PARCC) Training continued throughout the year and as needed to meet individual needs of students and faculty. Achieve 3000 staff trained throughout the district on using the themed readings and analyzing lexile levels for student growth. The year ended with a series of eight workshops on various researched-based topics that would assist teachers in implementing the curriculum. Staff end of the year surveys on PD were taken and vertical articulation was documented to assist with accomplishments and future planning. Developing activities that encouraged the development of higher order thinking skills was the highest need for the staff from the PD survey. All of the programs used were also analyzed for impact on student achievement. Secondary Education Initiatives (SEI) Grades 6-12: The high school continues using the block schedule to provide opportunities for staff and students to have meaningful engagement in the curriculum. Compass Learning was used for credit completion and HSPA academy to prepare students for the state assessment. READ 180 was used for the special education students. It demonstrated success and allowed some students to transition to a traditional English course. Other initiatives include S.T.E.M. activities such as the endorsement of NABSE (National Association of Black Student Engineers) for high school. Our students participated in competitions with coaching from our math staff and engineers from the Federal Aviation Administration. Students engaged in robotics competitions, science fairs, Tri-Math-A-Lon state, regional and national competitions. The Middle School initiatives included Scholastic reading as an intervention and Springboard math (Pre-AP math) to prepare students for rigorous math skills. An intervention period focused on individual skills. The S.T.E.M. initiatives will continue such as the SeaPerch - underwater robotics.

3

Elementary Initiatives (EEI) Grades K-5: The elementary schools implemented the reading program, Journeys, now in its third year, with additional training and use of intervention activities. Software programs such as Imagine Learning, First in Math and Compass Learning will be used to provide additional instructional support to our students. The CCSS still drives the curriculum. The math program was reviewed for updating to the newer version of Scotts-Foresman’s Envision. This math program uses technology to support the learning activities, provide access to data and is aligned with the CCSS. All schools have designated a school based data team to analyzes and interpret data. This team in turns informs schools level decisions’ as it relates to planning and instruction. Early Childhood Program The Early Childhood Program met its enrollment criteria set for our community of 600 students who are enrolled in an intensive, high quality pre-school program for three and four year olds residing within the City limits. The major focus of the program is to provide students with exploration and learning opportunities using Tools of the Mind as their curriculum and the Learning Framework for the instructional Model to support the CCSS. Technology to support the curriculum, training of parents, and positive behavioral support are also included in their initiatives. Whole School Reform Although Whole School Reform models are not required by the state, best practices and researched based instruction is required. Classroom practices and the teacher evaluation model are based on Charlotte Danielson’s Framework for Learning. Unit plans are designed based on Grant Wiggins, backward design model.(UBD). Basic Skills Each school addressed the needs of students most at risk for not meeting the Common Core State Standards by providing a variety of interventions during the school day as well as offering extended day/learning opportunities. Parent and Community The Parent Involvement program has been restructured to offer a Parent Resource Center for our community. Workshops and training are given on a regular basis at the parent center by our Parent Liaisons. Parents now have access to computers, assistance and educational resources during the day. The parent liaisons work half day at their school and then meet to coordinate district activities as a team. Parents are provided transportation and light refreshments as they attend programs that provide information about academic programs in our school as well as ways in which they can provide academic support to their child outside of school. Technology The technology department has deployed 2000 new laptops across the district and distributed in all schools to support the curriculum. The Promethean Boards are also used in all classes across the district for interactive lessons and student engagement. Teachers have and will continue to receive training in ways to use technology to enhance and enrich learning. In addition the technology department will provide support to teachers in how to use the various software programs available and assist teachers in learning how to instruct students in using technology to research produce, collaborate and to interact with other students. Preparing for the Next Generation Assessments (PARCC) is also a

4

focus of the technology department. The district is working to ensure that students will have the necessary resources to complete statewide assessment on computers for the 2014-2015 school year as well as ensure that the district infrastructure will support testing requirements. _________________________________________________________________________________ Pleasantville Public Schools have developed several initiatives that will continue to catapult it into 21st Century teaching and learning. The new database program, OnCourse, handles the curriculum and lesson plan development. The entire district curriculum for the first time is in database form and can be manipulated at any time to stay current with real time. Teachers can share lesson plans across the district and submit them electronically. Data can be extracted from the new system for analysis and planning to drive student achievement higher. Writing with Spice has been provided as staff development across the district to improve our practices in writing. Our PD360 program has been deployed to all administrators to provide onsite observations with immediate feedback. PD360 maintains a data base of all researched based practices and strategies for teachers to use as support via videos. This initiative will provide the tool to assist in developing teachers in specific areas such as closure by showing the model and discussing the implementation. Promethean Boards have been installed across the district to increase the interaction with teaching and learning while exposing students to real life information around the globe. Teachers have found this tool a daily necessity because of the wealth of information it brings and produces. New laptops have been deployed across the district this year as well to maintain the number of working computers in the classrooms and in labs. The “Beat the Street” program continues five days a week providing a refuge for academic assistance, recreational programs, and social development for high school and middle school students. This community effort has proven to promote and protect our youth during the evening hours with a decline in youth incidents as reported by our local Police Department. Secondary Education Initiatives (SEI) Grades 6-12 This is the second year for block scheduling at the high school and another year of opportunity to provide students with longer class periods for engagement. A new high school principal has provided opportunity for the professional learning communities to meet once a week and necessary changes to the schedule to provide students the courses they requested. In addition, LL Teach, Paul Lawrence, the math consultant, meets weekly with math instructors to provide researched based strategies and modeled lessons using communicators and the Promethean Boards. The New Jersey Black Engineers from the local Federal Aviation Program have partnered with our district and have initiated a chapter for our youth. This chapter has sponsored the Tri-Math-A-Lon, a national competition of higher math problem-solving using algebra and pre-calculus. Our local winning team will now compete in Boston, Ma. This initiative produces a cadre of math elites who will also perform well on SAT and college applications. In addition, the School District offered incentives for students who successfully passed the HSPA exam on their first attempt. This resulted in an increase of 80 students who passed the HSPA on the first attempt.

5

The Middle school has embarked on a new state of the art reading program by Scholastic. This reading program provides students with current and literary stimulating readings that include college and career based activities. The program also is computer based with students hearing the story and tracking their progress with supplemental rich literature. The program identifies the lexile level of students and moves them from the phonics level to their grade level as they progress. The College Board program called Springboard is the pre-AP math at each grade level. Students are engaged in rigorous, collaborative problem-solving and application that will prepare them for Algebra in the eighth grade and AP classes in the 9th grade. Grades 6-8 have an intervention period to assist students who need the most support with the curriculum. This period slows down to the student’s level and identifies the skills missed to fill the gap. The evening in the middle, Saturday school, after school academy are the additional support programs provided at both the High school and the Middle school. The host of extra-curricular activities provided help to make each student well-rounded. The high school made safe harbor in LAL and the Middle school made AYP in math - Growth that we are proud of highlighting. Elementary Education Initiatives (EEI) Grades K-5 The elementary schools continue to implement and adjust the reading program, Journey, now in its second year, with additional training in the intervention part of the program. This year we are excited that two schools made AYP in math. The supplemental programs such as Achieve 3000, First in Math, Apangea and Achieve for Biology and science will be monitored and evaluated from grades 2-12 as applicable. The MAP assessment and the Portfolios will be monitored for student growth. Writing with Spice, Steve Devono, has been implemented at all schools with the consultant providing the professional development using real classroom students as the model. Early Childhood The Early Childhood Program has met its enrollment criteria set for our community of 600 students who are enrolled in an intensive, high quality preschool program for three and four year olds residing within the City of Pleasantville. Partnerships have been sustained with Head Start and private child care programs. The major focus of the district’s Early Childhood Department is to meet the criteria established by New Jersey Department of Education, Office of Early Childhood Education for a high quality preschool program. The early childhood expenses cover the professional development that is provided to all district and contracted provider staff. Professional development was provided by Tools of the Mind, our approved curriculum model. In addition to instructional materials, other expenses include the purchase of technology equipment/supplies and cost related to recruitment and outreach. Preschool spending continues to be driven by the systemic assessment of program needs, ongoing collection of program data and inventories provided by the NJ Department of Education, Office of Early Childhood Education. Whole School Reform Although Whole School Reform models are not required by the state, best practices and researched based instructional is required. Models are based on Robert Marzano, Doug Reeves Grant Wiggins, Michael Dufour, Steve DeVano, and Paul Lawrence. All of our instructional programs and textbooks are research based.

6

Basic Skills Each school addressed the needs of identified students in the area of basic skills by providing tutoring services, remedial classes, after school academy, and summer school. Parent/ Community The Parent Involvement program has been restructured to offer a Parent Resource Center for our community. A Parent Coordinator has been hired to oversee the Parent Liaisons and the Resource Center so that programming and availability of school resources are provided equally across the district. Technology The Technology Department for the district purchased and deployed over 2000 new laptops and desktops to replace obsolete computers. They have supported the implementation of the Promethean Boards, IPADs and computer upgrades. New drops (lines for internet) for additional access in all schools have also been a task that has been and is still occurring. The new reading program requires drops in the LAL classrooms to provide students with the technology to access data and supplemental literature. 4) INTERNAL ACCOUNTING CONTROLS:

Management of the District is responsible for establishing and maintaining internal controls designed

to ensure that the assets of the District are protected from loss, theft or misuse and to ensure that adequate accounting data are compiled to allow for the preparation of financial statements in conformity with generally accepted accounting principles (GAAP). Internal control is designed to provide reasonable, but not absolute, assurance that these objectives are met. The concept of reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the valuation of costs and benefits requires estimates and judgments by management.

As a recipient of federal awards and state financial assistance, the District also is responsible for ensuring that an adequate internal control structure is in place to ensure compliance with applicable laws and regulations related to those programs. This internal control structure is also subject to periodic evaluation by the District management. The Board of Education has adopted a new Standard Operating Procedure Manual that provides a greater level of controls.

As part of the District’s single audit described earlier, tests are made to determine the adequacy of the

internal control structure including that portion related to federal awards and state financial assistance programs, as well as to determine that the District has complied with applicable laws and regulations. 5) BUDGETARY CONTROLS:

In addition to internal accounting controls, the District maintains budgetary controls. The objective of these budgetary controls is to ensure compliance with legal provisions embodied in the annual appropriated budget approved by the voters of the municipality. Annual appropriated budgets are adopted for the general fund, the special revenue fund, and the debt service fund. Project-length budgets are approved for capital improvements accounted for in the capital projects fund. The final budget amount as amended for the fiscal year is reflected in the financial section.

7

An encumbrance accounting system is used to record outstanding purchase commitments on a line

item basis. Open encumbrances at year-end are either canceled or are included as re-appropriations of fund balance in the subsequent year. Those amounts to be re-appropriated are reported as reservations of fund balance at June 30, 2013. 6) ACCOUNTING SYSTEM AND REPORTS:

The District’s accounting records reflect generally accepted accounting principles, as promulgated by the Governmental Accounting Standards Board (GASB). The accounting system of the District is organized on the basis of funds. These funds are explained in “Notes to the Financial Statements,” Note 1. 7) DEBT ADMINISTRATION: At June 30, 2013, the District’s outstanding debt issues included $21,705,000 in general obligation bonds and $910,000 of Certificates of Participation. The proceeds of these bond issues were used to provide funds for the construction of the high school and middle school and to refund the District’s liability to the State of New Jersey for the Early Retirement Incentive Program (ERIP). 8) CASH MANAGEMENT: The investment policy of the District is guided in large part by state statute as detailed in “Notes to the Financial Statements,” Note 2. The District has adopted a cash management plan that requires it to deposit public funds in public depositories protected from loss under the provisions of the Governmental Unit Deposit Protection Act (“GUDPA”). GUDPA was enacted in 1970 to protect Governmental Units from a loss of funds on deposit with a failed banking institution in New Jersey. The law requires governmental units to deposit public funds only in public depositories located in New Jersey, where the funds are secured in accordance with the Act. 9) RISK MANAGEMENT: The Board carries various forms of insurance, including but not limited to general liability, automobile liability and comprehensive/collision, hazard and theft insurance on property and contents, and fidelity bonds. 10) OTHER INFORMATION: Independent Audit – State statutes require an annual audit by independent certified public accounts or registered municipal accounts. The accounting firm of Ford Scott & Associcates, LLC was selected by the Board. In addition to meeting the requirements set forth in state statutes, the audit also was designed to meet the requirements of the Single Audit Act of 1996 and the related OMB Circular A-133 and New Jersey OMB Circular 04-04. The auditor’s report on the general-purpose financial statements and combining and individual fund statements and schedules is included in the financial section of this report. The auditor’s reports related specifically to the single audit are included in the single audit section of this report.

8

Pleasantville Public Schools

Garnell, Bailey, Ph. D

(609) 38368900 Ext: 2504 Fax: (609) 6778122

Superintendent of Schools

Email: Bailey.Garnell@ppsnj.us

Dr. G

arne

ll Bail

ey, P

hD.

Supe

rinte

nden

t Ef

fie Je

nkin

s-Sm

ith

Educ

atio

nal

Serv

ices

Ray E

llis

Hom

eland

Se

curit

y

Denn

is Mu

lvihi

ll Bu

sines

s Adm

inist

rato

r Ma

urice

Les

ser

Spec

ial S

ervic

es

Elish

a Tho

mpk

ins

Chief

Fin

ancia

l Offi

cer

Hum

an R

esou

rces

Ro

bert

Bloo

m

Tech

nolo

gy

Build

ing

Prin

cipals

Te

sting

Ass

essm

ent

Data

-

Trua

ncy

- Pa

rent

Involv

emen

t Ce

nter

Facil

ities

-

Maint

enan

ce/R

enov

ation

s LR

FP/E

nviro

nmen

tal

Comp

lianc

e 7.6

Che

cklis

t/M1 r

epor

t

-

Comp

lianc

e -

ID

EA

-

Disc

ipline

/IEP

T

imeli

nes

- Pa

rent

Lette

rs -

State

Rep

orts

- Bu

dget

- As

st. B

d. Se

cretar

y -

Data

Base

Co

ordin

ator

Dian

e Gre

sham

Be

nefits

Spe

cialis

t -

Wor

kman

’s Co

mp.

- Po

sition

Con

trol

- Ha

rdwa

re

- Inf

rastr

uctur

e -

E-Ra

te -

Serve

rs -

Switc

hes

- Ph

ones

-

Data

Acce

ssibi

lity

Guida

nce P

rogr

ams

Tour

s

Secu

rity

- Ph

ysica

l -

Perso

nal

Tran

spor

tatio

n -

DTRS

repo

rt -

Bus R

outs

- Ve

ndor

Con

tract

Deliv

ery o

f Ser

vices

-

Instru

ction

al Se

rvice

s -

Case

Man

agem

ent

-I&

RS, L

ocati

on

Acco

untin

g Ma

nage

r -

Finan

cial S

tatem

ents

- Su

bsidi

ary l

edge

rs -

Cash

Man

agem

ent

Mark

Delc

her

Affirm

ative

Ac

tion/B

ullyin

g/ Ha

rass

ment

Spec

ialist

- So

ftwar

e Com

patib

ility

- Di

strict

Tec

h. Pl

an

- Ed

ucati

onal

Servi

ces

Supp

ort &

Coll

abor

ation

Cu

rricu

lum &

Ins

tructi

on

Foo

d Se

rvice

-

Vend

or C

ontra

ct -

Home

Instr

uctio

n -

Alt. E

d. Sh

ort T

erm

place

ment

-Me

dical&

Disc

ipline

Audi

t -

Sche

dule

- Re

view/

prep

/CAF

R

Hava

na B

erry

Lic

ensin

g &

Recru

itmen

t Spe

cialis

t

Build

ing

Prin

cipals

-

Tech

Sup

port

- Ad

minis

trativ

e Sur

veys

-

Staff

, Stud

ents,

pare

nts,

comm

unity

stak

ehold

ers

Tech

nolog

y -

Purch

asing

-

Purch

asing

Com

plian

ce

- Pu

blic C

ontra

cts

- La

w

- Sc

hool

Nurse

-

Distr

ict C

oord

inator

of

Medic

al Se

rvice

s

Gran

ts

- Fin

ancia

l Gra

nt Ma

nage

ment

-

Risk

Man

agem

ent

Sem

i -

Finan

cial R

epor

ting

- Bo

ard o

f Edu

catio

n -

Boar

d Sec

retar

y -

Agen

da/M

inutes

/Neg

otiati

ons

Food

Ser

vice

- Pr

ogra

m Fin

ancia

l Re

portin

g

Help

Des

k/Tec

hnici

ans

- W

eb si

te su

ppor

t -

Servi

ce al

l end

user

co

mpute

r nee

ds

Data

Bas

e Coo

rdin

ator

-

ASSA

-

NJ S

mart

-AD

A/AD

E Re

vised

8-23

-201

DGB:

adz

10

CITY OF PLEASANTVILLE BOARD OF EDUCATION

PLEASANTVILLE, NEW JERSEY

ROSTER OF OFFICIALSJune 30, 2013

TermMembers of the Board of Education Expires

Darleen Bey-Blocker- President 2014

Ketsy Alicea (Resigned) 2014

Michael A. Bright 2015

Lawrence A. Davenport 2015

Joann Famularo 2013

Connie Graham (Resigned) 2014

Paul Moore, Jr. 2013

Jerome Page 2015

Doris Rowell (Replaced Ketsy Alicea) 2014

Ethel Seymore 2013

Maria Vazques (Replaced Connie Graham) 2014

Other Officials

Dr. Garnell Bailey, Superintendent of Schools

Dennis Mulvihill, School Business Administrator

11

CITY OF PLEASANTVILLE BOARD OF EDUCATIONConsultants and Advisors

Audit Firm

Ford,Scott & Associates, L.L.C.Certified Public Accountants

PO BOX 538Ocean City, NJ 08226

Solicitor

William S. DonioCooper Levenson April Niedelman & Wagenheim, P.A.

1125 Atlantic AvenueAtlantic City, NJ 08401

Architect

Garrison Architects130 Presidential Blvd.

Bala Cynwyd, PA 19004

Official Depositories

TD Bank1701 Route 70 East

Cherry Hill, NJ 08003

The Bank of New York385 Rifle Camp Road, 3rd Floor

West Paterson, NJ 07424

12

Independent Auditor’s Report

Honorable President and Members of the Board of Education City of Pleasantville School District County of Atlantic, New Jersey Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Pleasantville School District, City of Pleasantville, New Jersey, as of and for the fiscal year ended June 30, 2013, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents. Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, and audit requirements as prescribed by the Office of School Finance, Department of Education, State of New Jersey. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation

13

and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing and opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Pleasantville School District, City of Pleasantville, New Jersey, as of June 30, 2013, and the respective changes in financial position and, where applicable, cash flows thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the Management’s Discussion and Analysis and Budgetary Comparison Information identified in the table of contents be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Information

Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City of Pleasantville School District’s basic financial statements. The introductory section, combining and individual nonmajor fund financial statements, schedule of expenditures of federal awards, as required by Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations, the schedule of state financial assistance as required by NJ OMB 04-04, and statistical information are presented for purposes of additional analysis and are not a required part of the basic financial statements.

14

{THIS PAGE IS INTENTIONALLY LEFT BLANK}

Required Supplemental Information

PART I

MANAGEMENT’S DISCUSSION AND ANALYSIS This section of the City of Pleasantville School District (“District”) annual financial report presents our discussion and analysis of the District’s financial performance during the fiscal year that ended on June 30, 2013. Please read it in conjunction with the transmittal letter at the front of this report and the District’s financial statement. FINANCIAL HIGHLIGHTS

• The net position of the District increased approximately $1 million primarily as a result of the closing of a charter school.

• Due to a change in accounting principles, the District had a restatement of the beginning net position, reducing the balance by approximately $700,000 by eliminating a cost of reissuance on refunding bonds that had been carried as an asset and was being amortized over the life of the bonds.

• The State of New Jersey reimbursed the District $2,291,833 during the fiscal year ended June 30, 2013 for the employer’s share of social security contributions for TPAF members as calculated on their base salaries. The State also contributed $4,182,387 for TPAF contributions on behalf of the district. Of the $4,182,387, $1,962,837 was for pension contributions and $2,219,514 was paid for post retirement medical benefits for retirees. These amounts, which are not budgeted, are included as both a revenue and appropriation in the financial statements.

• As required by New Jersey State Statutes, the unreserved fund balance of the general fund is limited to 2% of the total general fund expenditures. Any excess is required to be designated as Reserved Fund Balance – Excess Surplus and included in the next year’s budget as budgeted fund balance. As of June 30, 2013 the District had excess surplus on the budgetary basis of $2,982,681 none of which has been budgeted in the fiscal year 2014 budget. It is important to note that the calculation is based on the budgetary basis of accounting, not the Generally Accepted Accounting Principles (GAAP) basis.

• During the fiscal year ended June 30, 2013, the District’s total expenses were approximately $1.5 million less than total revenue realized, primarily due to the closing of a charter school for which the District had budgeted a significant amount of money.

• In the District’s business-type activities, net position increased approximately $478,000 due to an operating profit in the Food Service Fund resulting from an increase in federal rates and an increase in student participation.

OVERVIEW OF THE FINANCIAL STATEMENTS This annual report consists of four parts – management’s discussion and analysis (this section), the basic financial statements, required supplementary information, and an optional section that presents combining statements for special revenue, proprietary, and fiduciary funds. The basic financial statements include two kinds of statements that present different views of the District.

16

• The first two statements are government-wide financial statements that provide both long-term and short-term information about the District’s overall financial status.

• The remaining statements are fund financial statements that focus on individual parts of the District’s government, reporting on the District’s operations in more detail than the government-wide statements.

The governmental funds statements tell how general government services like instruction were financed in the short term as well as what remains for future spending.

Proprietary fund statements offer short- and long-term financial information about the activities the District operates like businesses, such as the food service area.

Fiduciary fund statements provide information about the financial relationships – like the unemployment trust fund – in which the District acts solely as a trustee or agent for the benefit of others, to whom the resources in question belong.

The financial statements also include notes that explain some of the information in the financial statements and provide more detailed data. The statements are followed by a section of required supplementary information that further explains and supports the information in the financial statements. Figure A-1 shows how the required parts of this annual report are arranged and relate to one another. Figure A-1 summarizes the major features of the District’s financial statements, including the portion of the District’s government they cover and the types of information they contain. The remainder of this overview section of management’s discussion and analysis explains the structure and contents of each of the statements.

Figure A-1 Major Features of Pleasantville City Board of Education’s

Government-wide and Fund Financial Statements Fund Statements Government wide Governmental Proprietary Fiduciary Statements Funds Funds Funds

Scope Entire District (except fiduciary

funds)

The activities of the District that

are not proprietary or fiduciary, such as food service

and student activities

Activities the District

operates similar to private

businesses; food service and latchkey

Instances in which the District is the

trustee or agent for someone else’s

resources, such as payroll agency and student activities.

Required financial

statements

Statement of net position

Statement of

activities

Balance sheet

Statement of revenues,

expenditures,

Statement of net position

Statement of

revenues,

Statement of fiduciary net

position

Statement of

17

and changes in fund balances

expenses, and changes in net

position

Statement of cash flows

changes in fiduciary net

position

Accounting basis and

measurement focus

Accrual accounting and

economic resources focus

Modified accrual

accounting and current

financial resources focus





Type of asset/liability information

All position and liabilities, both financial and

capital, and short-term and long-

term.

Only position expected to be used up and

liabilities that come due

during the year or soon

thereafter; no capital position

included.

All position and liabilities, both financial and capital, and

short-term and long-term.

All position and liabilities, both short-term and

long-term.

Type of inflow/outflow

information

All revenues and expenses during

the year, regardless of when cash is received or

paid.

Revenues for which cash is

received during or soon after the end of the year;

expenditures when goods or services have been received

and payment is due during the year or soon

thereafter

All revenues and expenses, regardless of when cash is received or

paid.

All revenues and expenses during

year, regardless of when cash is

received or paid.

Government-wide Statements The government-wide statements report information about the District as a whole using accounting methods similar to those used by private-sector companies. The statement of net position includes all of the government’s position and liabilities. All of the current year’s revenues and expenses are accounted for in the statement of activities regardless of when cash is received or paid.

18

The two government-wide statements report the District’s net position and how they have changed. Net position – the difference between the District’s assets and liabilities – is one way to measure the District’s financial health, or position.

• Over time, increases or decreases in the District’s net position are an indicator of whether its financial health is improving or deteriorating, respectively.

• To assess the overall health of the District you need to consider additional nonfinancial factors such as changes in the City’s property tax base and the condition of the District’s facilities.

The government-wide financial statements of the District are divided into two categories:

• Governmental activities – most of the District’s basic services are included here, such as instruction, transportation, administration, and plant operations. Property taxes and state and federal grants finance most of these activities.

• Business-type activities – the District charges fees to customers to help it cover the costs of certain services it provides. The District’s food service program is included here.

Fund Financial Statements The fund financial statements provide more detailed information about the District’s most significant funds – not the District as a whole. Funds are accounting devices that the District uses to keep track of specific sources of funding and spending for particular purposes. The District has three kinds of funds:

• Governmental funds – Most of the District’s basic services are included in governmental funds, which focus on (1) how cash and other financial position that can readily be converted to cash flow in and out and (2) the balances left at year-end that are available for spending. Consequently, the governmental funds statements provide a detailed short-term view that helps you determine whether there are more or fewer financial resources that can be spent in the near future to finance the District’s programs. Because this information does not encompass the additional long-term focus of the government-wide statements, we provide additional information at the bottom of the governmental funds statement that explains the relationship (or differences) between them.

• Proprietary funds – Services for which the District charges customers a fee are generally reported in proprietary funds. Proprietary funds, like the government-wide statements, provide both long- and short-term financial information. In fact, the District’s enterprise funds (one type of proprietary fund) are the same as its business-type activities, but provide more detail and additional information, such as cash flows.

• Fiduciary funds – The District is the trustee, or fiduciary, for its employees’ unemployment compensation plan. It is also responsible for other position that - because of a trust arrangement – can be used only for the trust beneficiaries. The

19

District is responsible for ensuring that the assets reported in these funds are used for their intended purposes. All of the District’s fiduciary activities are reported in separate statement of fiduciary net position and a statement of changes in fiduciary net position. We exclude these activities from the District’s government-wide financial statements because the District cannot use these assets to finance its operations.

FINANCIAL ANALYSIS OF THE DISTRICT AS A WHOLE Net position. During the 2012-2013 school year, net position increased by approximately $1.5 million. This increase was primarily due to the closing of a charter school for which the District had anticipated a significant cost. This savings was partially offset by decreased federal aid for the Education Jobs Fund. The net investment in capital assets increased as a result of payments on debt and capital projects funded by the operating budget.

2013 2012 2013 2012 2013 2012Current and other assets 4,721,403$ 5,612,973 (1,072,426) (1,551,090) 3,648,977 4,061,883 Capital assets 36,343,003 37,554,377 131,842 151,544 36,474,845 37,705,921 Total Assets 41,064,406 43,167,350 (940,584) (1,399,546) 40,123,822 41,767,804 Long‐term l iabil ities 24,395,224 26,983,477 24,395,224 26,983,477 Other l iabil ities 6,237,737 6,080,278 14,609 33,943 6,252,346 6,114,221 Total Liabil ies 30,632,961 33,063,755 14,609 33,943 30,647,570 33,097,698 Net Position Invested in capital assets 13,356,765 12,471,371 131,842 151,544 13,488,607 12,622,915 Unrestricted (2,925,320) (2,367,776) (1,087,035) (1,585,033) (4,012,355) (3,952,809) Total net position 10,431,445$ 10,103,595 (955,193) (1,433,489) 9,476,252 8,670,106

Governmental Activities Business‐type Activities Total

As required by New Jersey Statutes, the unrestricted fund balance of the District is not permitted to exceed 2% of total general fund expenditures, after reductions for On-behalf TPAF pension and social security and assets acquired under capital leases. Any excess must be appropriated as budgeted fund balance in the subsequent years’ budget. As of June 30, 2013, the District had excess fund balance on the budgetary basis in the amount of $2,982,681. Changes in net position. The total general revenue of the District decreased approximately $1.3 million due to decreased non-program federal and state funding. Approximately 77% of the District’s revenue comes from the State of New Jersey and Federal Government in the form of unrestricted aid. The state aid is based on the District’s enrollment as well as other factors such as growth in the Pleasantville region. The City of Pleasantville levies property taxes on properties located in the city. This tax is collected by the municipality and remitted to the District on a monthly basis. The District expenses are primarily related to instruction, administration, and plant operations.

20

Analysis of major revenue categories:

Amount Percentage

Property taxes 8,475,546$ 9.17%Unrestricted State aid 71,428,247 77.26%Restricted State aid 2,226,659 2.41%Tuition 564,960 0.61%Operating Grants and Contributions 9,630,896 10.42%Other 121,952 0.13%Totals 92,448,260$ 100.00%

{this section is intentionally left blank}

21

Governmental Activities The following schedule summarizes the governmental and business-type activities of the District during the 2013 and 2012 fiscal years.

2013 2012 2013 2012 2013 2012RevenuesProgram revenue Charges for services 564,960$ 445,072 496,800 467,123 1,061,760 912,195 Federal and - - State grants and entitlements 9,630,896 10,454,479 2,438,398 2,097,214 12,069,294 12,551,693 General revenues Property taxes 8,475,546 8,355,292 8,475,546 8,355,292 State & federal aid 73,654,906 74,678,061 73,654,906 74,678,061 Other 121,952 523,759 121,952 523,759 Total revenues 92,448,260 94,456,663 2,935,198 2,564,337 95,383,458 97,021,000

ExpensesInstruction: Regular 31,401,452 31,919,709 31,401,452 31,919,709 Special Education 6,044,476 6,046,664 6,044,476 6,046,664 Other special instruction 4,292,879 5,043,866 4,292,879 5,043,866 Support services: Tuition 8,316,004 8,413,797 8,316,004 8,413,797 Student & instruction related

i14,229,366 14,102,035 14,229,366 14,102,035

School administration i

3,337,235 3,222,785 3,337,235 3,222,785 General & business admin

i6,943,622 6,730,408 6,943,622 6,730,408

Plant operations & maintenance 10,656,339 9,877,334 10,656,339 9,877,334 Pupil transportation 2,247,296 2,420,806 2,247,296 2,420,806 Special Schools 9,510 - 9,510 - Charter Schools 2,899,602 6,541,459 2,899,602 6,541,459 Interst on long-term debt 1,060,309 1,174,161 1,060,309 1,174,161 Business-type activities 2,456,902 2,494,355 2,456,902 2,494,355 Total expenses 91,438,090 95,493,024 2,456,902 2,494,355 93,894,992 97,987,379

Excesss/(Deficiency) before Transfers1,010,170 (1,036,361) 478,296 69,982 1,488,466 (966,379)

- Increase/(Decrease) in net assets 1,010,170$ (1,036,361) 478,296 69,982 1,488,466 (966,379)

Governmental Activities Business-type Activities Total

Business-type Activities Operating revenues of the District’s business-type activities increased $30,000 while overall revenue increased $370,000 from the previous year and expenses decreased by $36,000. Factors contributing to these results included:

• Improved participation of free and reduced lunch participants • Increase in federal reimbursement rates

FINANCIAL ANALYSIS OF THE DISTRICT’S FUNDS As of the year ended June 30, 2013, the governmental funds reported a combined deficit of $1.145 million which is approximately $400 thousand below the beginning of the year. This is primarily due to increases in necessary budgetary spending which were not offset by an increase in state funding sufficient to offset the increase in spending.

22

General Fund Budgetary Highlights As further explained in the Notes to the Financial Statements, annual appropriated budgets are prepared in the spring of each year for the general, special revenue and debt service funds. The budgets are submitted to the County office and, as a Type II School District, are approved by the voters annually if the District exceeds the statutory CAP limitations. Effective with the 2012-2013 school year, if the District stays within the statutory limitations, there is no vote on the budget by the District voters and Board Members are elected at the time of the general election in November. Transfers of appropriations may be made by Board resolution at any time during the fiscal year. The District is permitted to encumber funds throughout the year for purchases ordered but not yet received. Any open encumbrances as of June 30th carry over to the next fiscal year and are added to the appropriation reflected in the certified budget. After adjusting total revenue reported on Exhibit C-1 for the Reimbursed TPAF Social Security Contribution and on-behalf TPAF Pension Contributions, which are not budgeted, the District’s actual revenue was above budgeted revenue by approximately $50 thousand primarily as a result of increased participation in the Federal Medical Assistance Program and unbudgeted funding for Extraordinary Aid and Non Public Transportation Aid. Again, after adjusting for the Reimbursed TPAF Social Security Contribution and on-behalf TPAF Pension Contributions actual expenditures were below the budgeted appropriations by approximately $3.7 million due to the closing of a budgeted charter school and improved spending controls. CAPITAL ASSET AND DEBT ADMINISTRATION Capital Position At the end of 2013, the District had invested $37.5 million in a broad range of capital assets, including land, buildings, vehicles and machinery net of depreciation. This amount represents a net increase (including additions and deductions) of approximately $1.3 million from last year.

2013 2012 2013 2012 2013 2012

Construction in Progress 758,072$ 1,707,530 758,072 1,707,530 Land 2,800,300 2,800,300 2,800,300 2,800,300 Buildings and Improvements 31,433,980 31,235,074 31,433,980 31,235,074 Machinery and Equipment 1,350,651 1,811,473 131,842 151,444 1,482,493 1,962,917

Total 36,343,003$ 37,554,377 131,842 151,444 36,474,845 37,705,821

Governmental Activities Business-type Activities Total

Decreases in construction in progress were related to completed construction projects for the high school pool and locker room roof; lighting in the high school pool, gym and auditorium. The overall decrease in capital assets was primarily due to depreciation expense.

23

Long-term Debt All bonds are authorized in accordance with State law by the voters of the District. At the end of the current fiscal year, the District had total bonded debt outstanding of $21,705,000 and obligations under capital leases of $910,000.

Balance Retired/ BalanceJune 30, 2012 Issued Adjusted June 30, 2013

Governmental ActivitiesBonds Payable 23,575,000$ 1,870,000 21,705,000 Obligations under Capital Leases 1,780,000 870,000 910,000 Compensated Absences Payable 1,628,477 314,582 162,835 1,780,224

Total Governmental Activities 26,983,477 314,582 2,902,835 24,395,224 More detailed information about the District’s long-term debt is presented in Note 9 to the financial statements. ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND RATES Contributing to the budget increase are anticipated contractual increases in salaries and employee benefits, as well as increased fixed costs for utilities and fuel. The additional costs of operating instructional programs due to normal increases in costs have been factored into the 2014 fiscal year budget. CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT This financial report is designed to present users (residents, receiving districts, and creditors) with a general overview of the District’s finances and to demonstrate the District’s accountability. If you have questions about the report or need additional financial information, contact the District’s business administrator at Pleasantville Public Schools, PO Box 960, Pleasantville, New Jersey 08232.

24

Financial Section

DISTRICT - WIDE FINANCIAL STATEMENTS

Exhibit A-1

Governmental Business-typeActivities Activities Total

ASSETSCash and cash equivalents 1,741,887$ 470,112 2,211,999 Internal Funds 1,735,643 (1,735,643) - Due from payroll agency 123,320 123,320 Receivables from other governments 1,008,401 145,036 1,153,437 Other receivables 112,152 31,565 143,717 Inventory 16,504 16,504 Capital assets, net: Land and land improvements 2,800,300 2,800,300 Construction in progress 758,072 758,072 Depreciable assets, net of depreciation 32,784,631 131,842 32,916,473 Total Assets 41,064,406 (940,584) 40,123,822

LIABILITIESAccounts payable 2,114,546 14,609 2,129,155 Due to State of New Jersey 218,666 218,666 Loan Payable 3,011,184 3,011,184 Accrued Interest Payable 371,238 371,238 Unearned revenue 522,103 522,103 N t li biliti

City of Pleasantville School DistrictStatement of Position

June 30, 2013

Noncurrent liabilities: Due within one year 2,840,000 - 2,840,000 Due beyond one year 21,555,224 21,555,224 Total liabilities 30,632,961 14,609 30,647,570

NET POSITIONNet Investment in Capital Assets 13,356,765 131,842 13,488,607 Restricted for: Debt service - - Special Revenue - - Unrestricted (2,925,320) (1,087,035) (4,012,355) Total net position 10,431,445$ (955,193) 9,476,252

The accompanying notes to financial statements are an integral part of this statement25

Exhibit A-2

City of Pleasantville School DistrictStatement of Activities

For the Year Ended June 30, 2013Net (Expense) Revenue and

Program Revenues Changes in Net PositionOperating Capital

Direct Allocated Charges for Grants and Grants and Governmental Business-typeFunctions/Programs Expenses Expense Services Contributions Contributions Activities Activities Total

Governmental activities: Instruction: Regular 24,405,679$ 6,995,773 564,960 2,834,217 (28,002,275) (28,002,275) Special education 4,702,947 1,341,529 (6,044,476) (6,044,476) Other special instruction 3,340,105 952,774 (4,292,879) (4,292,879) Support services: Tuition 6,470,326 1,845,678 957,186 (7,358,818) (7,358,818) Student & instruction related services 11,071,259 3,158,107 5,839,493 (8,389,873) (8,389,873) School administrative services 2,596,559 740,676 (3,337,235) (3,337,235) General and business administrative service 5,402,534 1,541,088 (6,943,622) (6,943,622) Plant operations and maintenance 8,291,240 2,365,099 (10,656,339) (10,656,339) Pupil transportation 1,748,525 498,771 (2,247,296) (2,247,296) Unallocated benefits 19,405,510 (19,405,510) - - Capital Outlay 33,985 (33,985) - - Special Schools 9,510 (9,510) (9,510) Charter Schools 2,899,602 (2,899,602) (2,899,602) Interest on long-term debt-exclusive of direct interest expense of $0 1,060,309 (1,060,309) (1,060,309)

Total governmental activities 91,438,090 - 564,960 9,630,896 - (81,242,234) - (81,242,234)

Business-type activities: Food Service 2,456,902 496,800 2,438,398 478,296 478,296 Total business-type activities 2,456,902 496,800 2,438,398 - 478,296 478,296 Total 93,894,992$ 1,061,760 12,069,294 - (81,242,234) 478,296 (80,763,938)

General revenues:Taxes: Property taxes, levied for general purposes,net 6,862,808 6,862,808 Taxes levied for debt service 1,612,738 1,612,738 Federal and State aid not restricted 71,428,247 71,428,247 Federal and State aid restricted 2,226,659 2,226,659 Miscellaneous Income 189,276 - 189,276 Adjustment to prior year revenue (67,324) (67,324)

Total general revenues, special items, extraordinary items and transfers 82,252,404 - 82,252,404 Change in Net Position 1,010,170 478,296 1,488,466

Net Position/(Deficit)—beginning balance (RESTATED) 9,421,275 (1,433,489) 7,987,786 Net Position/(Deficit)—ending balance 10,431,445$ (955,193) 9,476,252

The accompanying notes to financial statements are an integral part of this statement

26

FUND FINANCIAL STATEMENTS

Exhibit B-1

Special Debt TotalGeneral Revenue Service Governmental

Fund Fund Fund Funds

ASSETS Cash and cash equivalents 1,083,924$ 657,963 - 1,741,887 Due from other funds 3,512,295 - - 3,512,295 Other accounts receivable 112,152 - 112,152 Receivables from other governments 177,623 830,778 1,008,401

Total assets 4,885,994 1,488,741 - 6,374,735

LIABILITIES AND FUND BALANCES Liabilities: Accounts payable 2,069,904 44,642 2,114,546 Loan Payable 3,011,184 3,011,184 Due to State of New Jersey 218,666 - 218,666 Interfund payable - 1,653,332 1,653,332 Unearned revenue 522,103 522,103 Total liabilities 5,299,754 2,220,077 - 7,519,831

Fund Balances: Restricted for: Excess surplus 2,982,681 2,982,681 Committed to: Capital reserve 515,001 515,001 Maintenance reserve 500,000 500,000 Unassigned: Special Revenue fund (731,336) (731,336) General Fund (4,411,442) (4,411,442) Total Fund balances (413,760) (731,336) - (1,145,096) Total liabilities and fund balances 4,885,994$ 1,488,741 -

Amounts reported for governmental activities in the statement of net position (A-1) is different because: Capital assets used in governmental activities are not financial resources and therefore are not reported in the funds. 36,343,003 Cost of Issuance of Bonds are not financial resources and, therefore, are not reported in the funds Long-term liabilities, including bonds payable, are not due and payable in the current period and therefore are not reported the funds. (24,766,462)

Net position of governmental activities 10,431,445

City of Pleasantville School DistrictBalance Sheet

Governmental FundsJune 30, 2013


Exhibit B-2

Special Debt TotalGeneral Revenue Service Governmental

Fund Fund Fund Funds

REVENUES

Local tax levy 6,862,808$ 1,612,738 8,475,546 Tuition charges 564,960 564,960 Miscellaneous 189,276 189,276 State sources 70,646,651 7,143,029 2,226,659 80,016,339 Federal sources 171,735 3,097,728 3,269,463

Total revenues 78,435,430 10,240,757 3,839,397 92,515,584

EXPENDITURESCurrent: Regular instruction 20,970,038 2,834,217 23,804,255 Special education instruction 4,587,053 4,587,053 Other special instruction 3,257,796 3,257,796 Support services and undistributed costs: Tuition 5,353,693 957,186 6,310,879 Student & instruction related services 4,958,939 5,839,493 10,798,432 School administrative services 2,532,573 2,532,573 Other administrative services 5,269,401 5,269,401 Plant operations and maintenance 8,086,921 8,086,921 Pupil transportation 1,705,436 1,705,436 Unallocated Benefits 19,405,510 19,405,510 Special Schools 9,510 9,510 Transfer to charter schools 2,899,602 2,899,602 Debt service: Principal 2,740,000 2,740,000 Interest and other charges 1,099,397 1,099,397 Capital outlay 278,311 68,981 347,292

Total expenditures 79,314,783 9,699,877 3,839,397 92,854,057

Excess (Deficiency) of revenues over expenditures (879,353) 540,880 - (338,473)

OTHER FINANCING SOURCES (USES)Transfer to(from) Whole School Reform 729,495 (729,495) - Adjustment of Prior year revenue (67,324) (67,324) Transfers in - 147,468 147,468 Transfers out (147,468) (147,468) Total other financing sources and uses 514,703 (582,027) - (67,324)

Net change in fund balances (364,650) (41,147) - (405,797) Fund balance/(Deficit)—July 1 (49,110) (690,189) - (739,299) Fund balance/(Deficit)—June 30 (413,760)$ (731,336) - (1,145,096)

City of Pleasantville School DistrictStatement of Revenues, Expenditures, And Changes in Fund Balances

Governmental FundsFor the Year Ended June 30, 2013


Exhibit B-3

Total net change in fund balances - governmental funds (from B-2) (405,797)$

Amounts reported for governmental activities in the statementof activities (A-2) are different because:

Capital outlays are reported in governmental funds as expenditures. However, in the statement of activities, the cost of those assets is allocated over their estimated useful lives as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the period.

Depreciation expense (1,524,681) Capital outlays 313,307 (1,211,374)

Proceeds from debt issues are a financing source in the governmental funds. They are not revenue in the statement of activities; issuing debt increases long-term liabilities in the statement of net position.

Debt Principal 2,740,000 2,740,000

Interest on long-term debt in the statement of activities is accrued, regardless of when due In the governmental funds, interest is reported when due. The accrued interest is an addition in the reconciliation. (+) 39,088

In the statement of activities, certain operating expenses, e.g., compensated absences (vacations) are measured by the amounts earned during the year. In the governmental funds, however, expenditures for these items are reported in the amount of financial resources used (paid). When the earned amount exceeds the paid amount, the difference is reduction in the reconciliation (-);when the paid amount exceeds the earned amount the difference is an addition to the reconciliation (+). (151,747)

For the Year Ended June 30, 2013

City of Pleasantville School DistrictReconciliation of the Statement of Revenues, Expenditures,

and Changes in Fund Balances of Governmental Fundsto the Statement of Activities


e ceeds t e ea ed a ou t t e d e e ce s a add t o to t e eco c at o ( ) ( 5 , )

Change in net position of governmental activities 1,010,170$


ENTERPRISE FUNDDETAIL STATEMENTS

Enterprise funds are used to account for operations that are financed and oper-ated in a manner similar to private business enterprises - where the intent ofthe district's board is that the costs of providing goods or services be financedthrough user charges.

Food Services Fund - This fund provides for theoperation of food services in all schools within the school district.

Exhibit B-4

Business-type Activities -

Enterprise Fund

ASSETS

Current assets:Cash and cash equivalents 470,112$ Intergovernmental receivable - federal 143,304Intergovernmental receivable - state 1,732Other receivables 31,565Inventories 16,504 Total current assets 663,217

Noncurrent assets:Furniture, machinery & equipment 851,777 Less accumulated depreciation (719,935) Total noncurrent assets 131,842 Total assets 795,059

LIABILITIES

City of Pleasantville School DistrictStatement of Net Position

Proprietary FundsJune 30, 2013

Current liabilities:Accounts payable 14,609 Interfund accounts payable 1,735,643

Total current liabilities 1,750,252

Total liabilities 1,750,252

NET POSITION

Invested in capital assets net of related debt 131,842 Unrestricted (1,087,035) Total net position (955,193)$


Exhibit B-5

Business-type Activities -

Enterprise Fund

Operating revenues: Charges for services: Daily sales - reimbursable programs 141,498$ Daily sales - non-reimbursable programs 309,834 Special functions 45,468 Total operating revenues 496,800

Operating expenses:Cost of sales 1,207,437Salaries 949,668Employee benefits 75,409Management service contract 122,324Supplies and materialsEquipment and maintenance 2,903Other Expenses 72,839Depreciation 26,322 Total Operating Expenses 2,456,902 Operating (loss) (1,960,102)

Nonoperating revenues(expenses):State sources: State school lunch program 28,916Federal sources: School breakfast program 680,294 National school lunch program 1,461,497 School snack program 114,110 Food distribution program 153,480Cancellation of Prior Year Accounts Payable 30,032Cancellation of Prior Year Accounts Receivable (29,931)

Total nonoperating revenues 2,438,398 Income before contributions & transfers 478,296

478,296

Total net position—beginning (1,433,489) Total net position—ending (955,193)$

Statement of Revenues, Expenses, and Changes in Fund Net PositionCity of Pleasantville School District

Proprietary FundsFor the Year Ended June 30, 2013


Exhibit B-6

Business-type Activities - Enterprise

Fund

CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers 558,918$ Payments for salaries (949,668) Payments for employee benefits (75,409) Other costs (1,243,422)

Net cash (used for) operating activities (1,709,581)

CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES State Sources 28,545 Federal Sources 2,207,904 Operating subsidies and transfers from other funds Net cash provided by non-capital financing activities 2,236,449

CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition of machinery and equipment (6,620) Interfund Payments (3,186,960) Interfund Receipts 2,436,753

Net cash (used for) capital and related financing activities (756,827)

CASH FLOWS FROM INVESTING ACTIVITIES

Net cash provided by investing activities -

Net (decrease) in cash and cash equivalents (229,959) Balances—beginning of year 700,071 Balances—end of year 470,112

Reconciliation of operating (loss) to net cash (used) by operating activities: Operating Income (1,960,102)

Adjustments to reconcile operating (loss) to net cash (used for) operating activities Depreciation 26,322 decrease in accounts receivable, net 62,118

(Increase) in inventory (1,016) Increase in accounts payable 10,698 Commodities included in operating cost 153,480

Total adjustments 251,602 Net cash (used for) operating activities (1,708,500)$

City of Pleasantville School District Statement of Cash Flows

Proprietary FundsFor the Year Ended June 30, 2013


Exhibit B-7

FiduciaryFunds

ASSETSCash and cash equivalents 863,687$ Investments 73,922

Total assets 937,609

LIABILITIES Payroll deductions and withholdings 538,271 Due to the State of New Jersey 82,135 Interfund Payable 123,320 Flexible Spending Balance 10,562 Due to student groups 130,946

Total liabilities 885,234

NET POSITION

City of Pleasantville School DistrictStatement of Fiduciary Net Position

Fiduciary FundsJune 30, 2013

NET POSITIONHeld in trust for unemployment claims and other purposes 52,375$


33

Exhibit B-8

City of Pleasantville School DistrictStatement of Changes in Fiduciary Net Position

Fiduciary FundsFor the Year Ended June 30, 2013

UnemploymentCompensation Trust

ADDITIONSContributions: Plan members 86,204$

Total Contributions 86,204 Interest 2 Net investment earnings 2 Total additions 86,206

DEDUCTIONSUnemployment claims 299,909

Total deductions 299,909 Change in net position (213,703) Net position—beginning of the year 266,078 Net position—end of the year 52,375$

The accompanying notes to financial statements are an integral part of this statementThe accompanying notes to financial statements are an integral part of this statement34

NOTES TO FINANCIAL STATEMENTS

City of Pleasantville School District Notes to Financial Statements June 30, 2013

NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The City of Pleasantville School District is an instrumentality of the State of New Jersey, established to function as an educational institution. The Board consists of elected officials and is responsible for the fiscal control of the District. A superintendent is appointed by the Board and is responsible for the administrative control of the District. The financial statements of the Board of Education (Board) of the City of Pleasantville School District (District) have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. In its accounting and financial reporting, the District follows the pronouncements of the Governmental Accounting Standards Board (GASB). The more significant accounting policies established in GAAP and used by the District are discussed below. A. REPORTING ENTITY: The City of Pleasantville School District is a Type II district located in the County of Atlantic, State of New Jersey. As a Type II District, the School District functions independently through a Board of Education. The board is comprised of nine members elected to three-year terms. Effective with the 2012 fiscal year, the election of Board Members was moved to the general election in November resulting in the members whose term would have expired in April of 2012 being carried over to December 31, 2012. The purpose of the district is to educate students in grades K-12. The Pleasantville City School District had an enrollment at June 30, 2013 of 3,901 students. . The primary criterion for including activities within the District's reporting entity, as set forth in Section 2100 of the GASB Codification of Governmental Accounting and Financial Reporting Standards, is whether:

the organization is legally separate (can sue or be sued in their own name) the District holds the corporate powers of the organization the District appoints a voting majority of the organization’s board the District is able to impose its will on the organization the organization has the potential to impose a financial benefit/burden on the

District there is a fiscal dependency by the organization on the District

Based on the aforementioned criteria, the District has no component units.

35


B. BASIC FINANCIAL STATEMENTS – GOVERNMENT-WIDE STATEMENTS: The District’s basic financial statements include both government-wide (reporting the District as a whole) and fund financial statements (reporting the District’s major funds). Both the government-wide and fund financial statements categorize primary activities as either governmental or business type. The District’s general and special revenue activities are classified as governmental activities. The District’s food service program is classified as business-type activities. In the governmental-wide Statement of Net Position, both the governmental and business-type activities columns (a) are presented on a consolidated basis by column, (b) and are reported on a full accrual, economic resource basis, which recognizes all long-term assets and receivables as well as long-term debt and obligations. The District’s net position are reported in three parts-invested in capital assets, net of related debt; restricted net position; and unrestricted net position. The District first utilizes restricted resources to finance qualifying activities. The government-wide Statement of Activities reports both the gross and net cost of each of the District’s functions and business-type activities (food service). The functions are also supported by general government revenues (property taxes, tuition, certain intergovernmental revenues, etc.). The Statement of Activities reduces gross expenses (including depreciation) by related program revenues, operating and capital grants. Program revenues must be directly associated with the function (regular instruction, vocational programs, student & instruction related services, etc.) or a business-type activity. Operating grants include operating-specific and discretionary (either operating or capital) grants while the capital grants column reflects capital-specific grants. The net costs (by function or business-type activity) are normally covered by general revenue (property taxes, interest income, etc.).

a. The District does allocate indirect costs such as depreciation expense, compensated absences, On-behalf TPAF Pension Contributions, and Reimbursed TPAF Social Security Contributions.

The government-wide focus is more on the sustainability of the District as an entity and the change in the District’s net position resulting from the current year’s activities. Fiduciary funds are not included in the government-wide statements.

36


C. BASIC FINANCIAL STATEMENTS – FUND FINANCIAL STATEMENTS The financial transactions of the District are reported in individual funds in the fund financial statements. Each fund is accounted for by providing a separate set of self-balancing accounts that comprise its assets, liabilities, reserves, fund equity, revenues and expenditures/expenses. The various funds are reported by generic classification within the financial statements. The emphasis in fund financial statements is on the major funds in either the governmental or business-type activities categories. Nonmajor funds by category are summarized into a single column. GASBS No. 34 sets forth minimum criteria (percentage of the assets, liabilities, revenues or expenditures/expenses of either fund category or the governmental and enterprise combined) for the determination of major funds. The nonmajor funds are combined in a column in the fund financial statements. The State of New Jersey Department of Education has mandated that all New Jersey School Districts must report all governmental funds as major, regardless of the fund meeting the GASB definition of a major fund. However, the criteria are applied to proprietary funds. The following fund types are used by the District:

1. Governmental Funds: The focus of the governmental funds’ measurement (in the fund statements) is upon determination of financial position and changes in financial position (sources, uses, and balances of financial resources) rather than upon net income. The following is a description of the governmental funds of the District.

a. General fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.

b. Special revenue funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for a specific purpose. The special revenue fund is specifically used to account for state and federal grant monies that have been allocated to the District.

c. Capital projects funds are used to account for all financial resources to be used for the acquisition or construction of major capital facilities. The financial resources are derived from temporary notes or serial bonds that are specifically authorized by the voters as a separate question on the ballot either during the annual election or at a special election.

d. Debt service funds are used to account for the accumulation of resources for, and the payment of principal and interest on bonds issued to finance major property acquisition, construction and improvement programs.

37


Fund Balances – Governmental Funds In the fund financial statements, governmental funds report the following classifications of fund balance:

Nonspendable – includes amounts that cannot be spent because they are either not spendable in form or are legally or contractually required to be maintained intact. Restricted – includes amounts restricted by external sources (creditors, laws of other governments, etc.) or by constitutional provision or enabling legislation.

Committed – includes amounts that can only be used for specific purposes. Committed fund balance is reported pursuant to resolutions passed by the Board of Education, the District’s highest level of decision making authority. Commitments may be modified or rescinded only through resolutions approved by the Board of Education. Assigned – includes amounts that the District intends to use for a specific purpose, but do not meet the definition of restricted or committed fund balance. Under the District’s policy, amounts may be assigned by the Business Administrator. Unassigned – includes amounts that have not been assigned to other funds or restricted, committed or assigned to a specific purpose within the General Fund. The District reports all amounts that meet the unrestricted General Fund Balance Policy described below as unassigned:

The details of the fund balances are included in the Governmental Funds Balance Sheet. When an expenditure is incurred for purposes for which both restricted and unrestricted fund balance is available, the District considers restricted funds to have been spent first. When an expenditure is incurred for which committed, assigned, or unassigned fund balance are available, the District considers amounts to have been spent first out of committed funds, then assigned funds, and finally unassigned funds, as needed. 2. Proprietary Funds: The focus of proprietary fund measurement is upon determination of operating income, changes in net position, financial position, and cash flows. The generally accepted

38


accounting principles applicable are those similar to businesses in the private sector. The following is a description of the proprietary funds of the District:

a. Enterprise funds are required to be used to account for operations for which a fee is charged to external users for goods or services and the activity (a) is financed with debt that is solely secured by a pledge of the net revenues, (b) has third party requirements that the cost of providing services, including capital costs, be recovered with fees and charges or (c) establishes fees and charges based on a pricing policy designated to recover similar costs. The District operates a food service fund to provide a child nutrition program for the students of the district.

3. Fiduciary Funds: Fiduciary funds are used to report assets held in a trustee or agency capacity for others and therefore are not available to support District programs. The reporting focus is on net position and changes in net position, and are reported using accounting principles similar to proprietary funds. The District’s fiduciary funds are presented in the fiduciary fund financial statements by type (pension, private purpose and agency). Since by definition these assets are being held for the benefit of a third party (other local governments, private parties, pension participants, etc.), and cannot be used to address activities or obligations of the government, these funds are not incorporated into the government-wide statements. All fund internal activity is eliminated when carried to the Government-wide statements. D. BASIS OF ACCOUNTING Basis of accounting refers to the point at which revenues or expenditures/expenses are recognized in the accounts and reported in the financial statements. It relates to the timing of the measurements made regardless of the measurement focus applied. 1. Accrual: Both governmental and business-type activities in the government-wide financial statements and the proprietary and fiduciary fund financial statements are presented on the accrual basis of accounting. Revenues are recognized when earned and expenses are recognized when incurred. 2. Modified Accrual: The governmental fund financial statements are presented on the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenues are

39


recorded when susceptible to accrual; i.e., both measurable and available. “Available” means collectible within the current period or within 60 days after year end. Expenditures are generally recognized under the modified accrual basis of accounting when the related liability is incurred. The exception to this general rule is that principal and interest on general obligation long-term debt, if any, is recognized when due. E. FINANCIAL STATEMENT AMOUNTS 1. Cash and Cash Equivalents: Cash and cash equivalents include petty cash, change funds, cash in banks and all highly liquid investments with a maturity of three months or less at the time of purchase and are stated at cost plus accrued interest. U.S. Treasury and agency obligations and certificates of deposit with maturities of one year or less when purchased are stated at cost. All other investments are stated at fair value. New Jersey school districts are limited as to the types of investments and types of financial institutions they may invest in. New Jersey statute 18A:20-37 provides a list of permissible investments that may be purchased by New Jersey school districts. Additionally, the District has adopted a cash management plan that requires it to deposit public funds in public depositories protected from loss under the provisions of the Governmental Unit Deposit Protection Act (“GUDPA”). GUDPA was enacted in 1970 to protect Governmental Units from a loss of funds on deposit with a failed banking institution in New Jersey. NJSA 17:9-41 et. seq. establishes the requirements for the security of deposits of governmental units. The statute requires that no governmental unit shall deposit public funds in a public depository unless such funds are secured in accordance with the Act. Public depositories include Savings and Loan institutions, banks (both state and national banks) and savings banks the deposits of which are federally insured. All public depositories must pledge collateral, having a market value at least equal to five percent of the average daily balance of collected public funds, to secure the deposits of Governmental Units. If a public depository fails, the collateral it has pledged, plus the collateral of all other public depositories, is available to pay the full amount of their deposits to the Governmental units. 2. Investments: Investments, including deferred compensation and pension funds, are stated at fair value, (quoted market price or the best available estimate). Interest earned on investments in the Capital Projects Fund is recognized as a reserve to pay future debt service or transferred to the general fund.

40


3. Inventories: Inventories in the general fund consist of expendable supplies held for the District’s use and are carried at cost using the first-in, first-out method. Inventories in the enterprise fund are valued at cost, which approximates market, using the first-in, first –out method. As of June 30, 2013, the District did not have inventory in the general fund and had the following inventory in the enterprise fund:

Food $ 13,846Supplies 2,658 $ 16,504

The value of Federal donated commodities is the difference between market value and cost of the commodities at the date of purchase and has been included as an item of nonoperating revenue in the financial statements. The value of commodities included in the food inventory on June 30, 2013 is $4,065. 4. Capital Assets: Capital assets purchased or acquired with an original cost of $2,000 or more are reported at historical cost or estimated historical cost. Contributed assets are reported at fair market value as of the date received. Additions, improvements and other capital outlays that significantly extend the useful life of an asset are capitalized. Other costs incurred for repairs and maintenance are expensed as incurred. Depreciation on all assets is provided on the straight-line basis over the following estimated useful lives:

Buildings 20-50 years Machinery and equipment 5-10 years Improvements 10-20 years Infrastructure Assests 50-65 years

Infrastructure assets include roads, parking lots, underground pipe, etc. The District includes all infrastructure assets as depreciable assets in the financial statements. 5. Revenues: Substantially all governmental fund revenues are accrued. Property taxes are susceptible to accrual and under New Jersey State Statutes a municipality is required to remit to its school district the entire balance of taxes in the amount certified, prior to the end of the school year. The District records the entire approved tax levy as revenue (accrued) at the start of the fiscal year, since the revenue is both measurable and available. Subsidies and grants to proprietary funds, which finance either capital or current operations, are reported as non operating revenue. In respect to grant

41


revenues, the provider recognizes liabilities and expenses and the recipient recognizes receivables and revenue when the applicable eligibility requirements, including time requirements are met. Resources transmitted before the eligibility requirements are met are reported as advances by the provider and unearned revenue by the recipient. Program revenues, including tuition revenue are reported as reductions to expenses in the statement of activities. 6. Expenditures: Expenses are recognized when the related fund liability is incurred. Inventory costs are reported in the period when inventory items are used, rather than in the period purchased. 7. Compensated absences: Compensated absences are those absences for which employees will be paid, such as vacation, sick leave, and sabbatical leave. A liability for compensated absences that are attributable to services already rendered, and that are not contingent on a specific event that is outside the control of the District and its employees, is accrued as the employees earn the rights to the benefits. Compensated absences that relate to future services, or that are contingent on a specific event that is outside the control of the District and its employees, are accounted for in the period in which such services are rendered or in which such events take place. In governmental and similar trust funds, compensated absences that are expected to be liquidated with expendable available financial resources are reported as both an expenditure and a fund liability in the fund that will pay for the compensated absences. The remainder of the compensated absences liability is reported in the District-wide Financial Statements as a Governmental Activity. In proprietary and similar trust funds, compensated absences are recorded as an expense and liability of the fund that will pay for them. 8. Interfund Activity: Interfund activity is reported as loans, services provided, reimbursements or transfers. Loans are reported as interfund receivables and payables as appropriate and are subject to elimination upon consolidation. Services provided, deemed to be at market or near market rates, are treated as revenues and expenditures/expenses. Reimbursements are when one fund incurs a cost, charges the appropriate benefiting fund and reduces its related costs as reimbursement. All other interfund transactions are treated as transfers. Transfers between governmental or proprietary funds are netted as part of the reconciliation to the government-wide financial statements.

42


9. Budgets/Budgetary Control: Annual appropriated budgets are prepared in the spring of each year for the general, special revenue and debt service funds. The budgets are submitted to the county office for approval and, as long as the District budget is within State mandated CAPs, there is no public vote on the budget. If the budget exceeds State mandated CAPs, the voters have an opportunity to approve or reject the budget at the regular election held in November. Budgets are prepared using the modified accrual basis of accounting, except for the special revenue fund as described later. The legal level of budgetary control is established at line item accounts within each fund. Line item accounts are defined as the lowest (most specific) level of detail as established pursuant to the minimum chart of accounts referenced in N.J.A.C. 6:23-2(g). Transfers of appropriations may be made by School Board resolution at any time during the fiscal year and are subject to two-thirds majority vote by the School Board and under certain circumstances require approval by the County Superintendent of Schools. Significant transfers approved by the Board of Education during the fiscal year were as follows:

Salaries of TeachersGrades 9-12 525,313

Undistributed InstructionOther Purchased Services 723,357 Tuition to CSSSD & Regional Day School (1,076,000)

Undistributed Expenditures - Operation andMaintenance of Plant ServicesMiscellaneous Purchased Services 562,300

Health Benefits 620,606

Transfer of Funds to Charter Schools (3,401,234)

Formal budgetary integration into the accounting system is employed as a management control device during the year. For governmental funds there are no substantial differences between the budgetary basis of accounting and generally accepted accounting principles with the exception of the legally mandated revenue recognition of the last state aid payments for budgetary purposes only and the special revenue fund as noted below. Encumbrance accounting is also employed as an extension of formal

43


budgetary integration in the governmental fund types. Unencumbered appropriations lapse at fiscal year end. The accounting records of the special revenue fund are maintained on the grant accounting budgetary basis. The grant accounting budgetary basis differs from GAAP in that the grant accounting budgetary basis recognizes encumbrances as expenditures and also recognizes the related revenues, whereas the GAAP basis does not. Sufficient supplemental records are maintained to allow for the presentation of GAAP basis financial reports. 10. Tuition Receivable Tuition charges were established by the Board of Education based on estimated costs. The charges are subject to adjustment when the final costs have been determined. The final cost is based on an agreement with the Absecon Board of Education with a negotiated amount up to the final cost as determined by State of New Jersey. 11. Tuition Payable Tuition charges for the fiscal years 2012/13 were based on rates established by the receiving district. These rates are subject to change when the actual costs have been determined. 12. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those results. 13. Allocation of Costs In the government-wide statement of activities, the District has allocated unallocated benefits to various programs based on the budgetary expenditures by program. F. ACCOUNTING FOR PREVIOUS ABBOTT DISTRICTS As a result of the May 21, 1998 Abbott v. Burke Supreme Court decision, each Abbott district was required by the 2001-2002 school year to implement whole school reform (WSR). WSR is a complete restructuring of an entire school, putting in place a series of programs and strategies that have been proven by research to be effective. Beginning with the 1999-2000 budget, Abbott districts were required to submit school-based budgets for their schools included in the first cohort for implementation of WSR in addition to their district-wide budgets for all appropriations. The Pleasantville Board of

44


Education was considered an Abbott District. Beginning in fiscal year 2000, a “Blended Resource Fund (Fund 15), a sub-fund of the general fund, was created to allow budgeting of school-level appropriations and accounting for school-level expenditures. This has resulted in specific schedules in the annual Comprehensive Annual Financial Report (CAFR) which report on Fund 15 activity. For years subsequent to June 30, 2008 the State of New Jersey eliminated the Abbot District designation and changed the funding formula for State Aid to all New Jersey School Districts. This change did not have an affect on the reporting requirements of those Districts formerly known as Abbot. G. ACCOUNTING CHANGES Change in Accounting Principles – As the result of implementing Governmental Accounting Standards Board (GASB) Statement Nos. 63 and 65, the District has restated the beginning net position in the government-wide Statement of Net Position, effectively decreasing net position as of July 1, 2012 by $682,320. The decrease results from no longer deferring and amortizing bond issuance costs, instead treating those costs as an expense in the year incurred. The implementation of GASB No. 63 also resulted in a terminology change, which was retroactively applied, renaming all “Net Assets” to “Net Position”. Further, as a result of implementing GASB No. 65, the terminology of Deferred Revenue was replaced with Unearned Revenue. The terminology changes had no impact on the financial status or results of operations in the District. H. RECENT ACCOUNTING PRONOUNCEMENTS NOT YET EFFECTIVE In April 2012, GASB issued Statement No. 66 “Technical Corrections – 2012 – an amendment of GASB Statements No.l 10 and No. 62”. This statement, which resolves conflicts between Statements No. 10 and No. 54 provides more flexibility in fund classifications for risk based activities, is effective for fiscal periods beginning after December 15, 2012, is not anticipated to have any effect on the District’s financial reporting. In June 2012, GASB issued Statement No. 67 “Financial Reporting for Pension Plans – an amendment of GASB Statement No. 25”. This statement, which is effective for fiscal periods beginning after June 15, 2013, will not have any effect on the District’s financial reporting. In June 2012, GASB issued Statement No. 68 “Accounting and Financial Reporting for Pensions – an amendment of GASB Statement No. 27”. This statement, which is effective for fiscal periods beginning after June 15, 2014, will not have any effect on the District’s financial reporting. In January 2013, GASB issued Statement No. 69 “Government Combinations and Disposals of Government Operations”. This statement, which is effective for fiscal

45


periods beginning after December 15, 2013, will not have any effect on the District’s financial reporting. In April 2013, GASB issued Statement No. 70 “Accounting and Financial Reporting for Nonexchange Financial Guarantees”. This statement, which is effective for fiscal years beginning after June 15, 2013, will not have any impact on the District’s financial statements NOTE 2. CASH Custodial Credit Risk—Deposits. Custodial credit risk is the risk that in the event of a bank failure, the government’s deposits may not be returned to it. The district’s policy is based on New Jersey Statutes requiring cash be deposited only in New Jersey based banking institutions that participate in the New Jersey Governmental Depository Protection Act (GUDPA) or in qualified investments established in New Jersey Statutes 18A:20-37 that are treated as cash equivalents. As of June 30, 2013, $488,093 of the government’s bank balance of $7,104,765 was exposed to custodial credit risk. NOTE 3. INVESTMENTS As of June 30, 2013, the District had the following investments: Maturities Fair Value

Certificate of Deposit 6 months $ 73,922

Total $ 73,922

Subsequent to June 30, the District redeemed this certificate and no longer has any investments. Interest Rate Risk. The district does not have a formal investment policy that limits investment maturities as a means of managing its exposure to fair value losses arising from increasing interest rates. However, New Jersey Statutes 18A:20-37 limits the length of time for most investment to 397 days. Credit Risk. New Jersey Statutes 18A:20-37 limits district investments to those specified in the Statutes. The type of allowable investments are Bonds of the United States of America or of the district or the local units in which the district is located; obligations of federal agencies not exceeding 397 days; government money market mutual funds; the State of New Jersey Cash Management Plan; local government investment pools; or repurchase of fully collateralized securities.

46


Concentration of Credit Risk. The district places no limit on the amount the district may invest in any one issuer. NOTE 4. CAPITAL RESERVE ACCOUNT A capital reserve account was established by the City of Pleasantville Board of Education by inclusion of $1.00 on September 26, 2000 for the accumulation of funds for use as capital outlay expenditures in subsequent fiscal years. A capital reserve account is maintained in the general fund and its activity is included in the general fund annual budget. Funds placed in the capital reserve account are restricted to capital projects in the district’s approved Long Range Facilities Plan (LRFP). Upon submission of the LRFP to the department, a district may increase the balance in the capital reserve by appropriating funds in the annual general fund budget certified for taxes or by transfer by board resolution at year end (June 1 to June 30) of any unanticipated revenue or unexpended line-item appropriation amounts, or both. A district may also appropriate additional amounts when the express approval of the voters has been obtained either by a separate proposal at budget time or by a special question at on of the four special elections authorized pursuant to NJSA 19:60-2. Pursuant to NJAC 6A:23A-14.1(g), the balance in the account cannot at any time exceed the local support costs of uncompleted capital projects in its approved LRFP. The activity of the capital reserve for the July 1, 2012 to June 30, 2013 fiscal year is as follows: Beginning balance, July 1, 2012 510,001$ Interest earningsDeposits: Approved with budget 5,000 Withdrawals Board resolution -$

Total withdrawals - Ending balance , June 30, 2013 515,001$

The LRFP balance of local support costs of uncompleted capital projects at June 30, 2013 is $59,773,602.

47


NOTE 5. MAINTENANCE RESERVE FUND In accordance with NJAC 6A:23A-14.2, in June of 2013 the District established a Maintenance Reserve Account by transferring $500,000 from available funds to the reserve account. This reserve may be used at any time during the year, by resolution, to transfer to the required maintenance budget lines for use on required maintenance activities for a school facility as reported in the comprehensive maintenance plan. Funds withdrawn from the maintenance reserve account are restricted for use on required maintenance appropriations and may not be transferred to any other line-item account. NOTE 6. FIXED ASSETS Capital Asset activity for the year ended June 30, 2013 was as follows:

Balance June 30, 2012 Additions

Disposals/ Adjustments

Balance June 30, 2013

Governmental Activities:Capital assets that are not beingd i t d Construction in process 1,707,530 299,072 (1,248,530) 758,072 Land $ 2,800,300 2,800,300 Total capital assets not beingd i t d

4,507,830 299,072 (1,248,530) 3,558,372

Bldg and bldg improve 50,811,658 1,254,651 74,000 52,140,309 Machinery & equipment 5,298,045 8,114 (74,000) 5,232,159 Total at historical cost 56,109,703 1,262,765 - 57,372,468 Less accum depr for: Bldg and improve (19,576,584) (1,139,287) 9,542 (20,706,329) Equipment (3,486,572) (385,394) (9,542) (3,881,508) Total accum deprec (23,063,156) (1,524,681) - (24,587,837)Total capital assets being depr,

t f d 33,046,547 (261,916) - 32,784,631

Governmental activities capital $ 37,554,377 37,156 (1,248,530) 36,343,003 Business-type activities: Equipment 845,157 6,620 851,777Less accum depr for: Equipment (693,613) (26,322) (719,935)

Business-type activities capital $ 151,544 (19,702) - 131,842

48


Depreciation expense was charged to governmental functions as follows: Student & instruction related 1,124,628$ School administrative expenses 174,189 Plant operations and maintenance 225,864

1,524,681$ NOTE 7. OPERATING LEASES Effective, April 1, 2009 the district entered into a leasing agreement with Key Equipment Finance for the rental of several district-wide copy machines. The lease provided for monthly payments of $4,358 for 48 consecutive months, terminating March 31, 2013. Rental expense for the year ended June 30, 2013 was $39,922.

NOTE 8. SHORT –TERM DEBT As a result of the State of New Jersey holding back the last two state aid payments to school districts, a cash flow shortage was anticipated to be realized in many districts. To overcome this cash flow shortage until the payments are made in July of the subsequent year, the State provided a mechanism to allow district’s to borrow the cash deficit on a short term loan to be repaid upon the receipt of the state aid payments in July. In addition, the State reimburses the district for the interest cost related to the short term borrowing. The District used this borrowing ability in 2012 and 2013. The interest rate for 2013 was 1.78%. The repayment, in 2013 for the June 30, 2012 balance, included an additional $4,821 which was refunded by the State of New Jersey in addition to the $3,450,944 principal balance.

Balance Balance12/31/2012 Issued Repaid 12/31/2013

Notes Issued 3,450,944$ 3,011,184 3,450,944 3,011,184

49


NOTE 9. GENERAL LONG-TERM DEBT Long-term liability activity for the year ended June 30, 2013 was as follows:

Balance June 30, 2012 Issued Retired

Balance June 30, 2013

Amounts Due Within One Year

Governmental ActivitiesSchool Bonds 23,575,000$ 1,870,000 21,705,000 1,930,000

Obligations under Capital Leases 1,780,000 870,000 910,000 910,000

25,355,000 - 2,740,000 22,615,000 2,840,000

Compensated Absences Payable 1,628,477 314,582 162,835 1,780,224 -

Total Governmental Activities 26,983,477 314,582 2,902,835 24,395,224 2,840,000

A. Bonds Payable: Bonds are authorized in accordance with State law by the voters of the District through referendums. All bonds are retired in serial installments within the statutory period of usefulness. Bonds issued by the Board are general obligation bonds. Long-term debt as of June 30, 2013 consisted of the following: The District issued $28,795,000 School Refunding Bonds dated 5/1/05 payable in annual installments through 2/15/24. The purpose was to redeem $28,100,000 of the 8/15/98 bonds. The funds were placed in an irrevocable trust for the purpose of generating resources for all future debt service payments of $28,100,000 general obligation bonds. As a result, the refunded bonds are considered to be defeased and the liability has been removed from the governmental activities column of the statements of net position. The reacquisition price exceeded the net carrying amount of the old debt by $695,000. This advance refunding was undertaken to reduce total debt service payment over the next 19 years by $1,666,640 and resulted in an economic gain of $1,187,537. Interest is paid semiannually at varying rates ranging from 3.50% to 5.00%. The balance as of June 30, 2013 was $20,475,000. The District issued $2,810,000 School Refunding Taxable Bonds dated 5/1/05 payable in annual installments through 2/15/20. The purpose was to redeem $2,615,780 of the Early Retirement Incentive bonds. The funds were paid to the State of New Jersey. The reacquisition price exceeded the net carrying amount of the old debt by $194,220. This advance refunding was undertaken to reduce total debt service payment over the next 15 years by $549,477 and resulted in an economic gain of $419,753. Interest is

50


paid semiannually at varying rates ranging from 4.50% to 5.25%. The balance as of June 30, 2013 was $1,230,000. Principal and interest due on serial bonds outstanding is as follows:

Principal Interest TotalYear ending June 30,

2014 1,930,000 970,069 2,900,069 2015 1,985,000 873,569 2,858,569 2016 2,030,000 796,069 2,826,069 2017 1,935,000 694,569 2,629,569 2018 1,975,000 615,794 2,590,794

2019-2023 9,920,000 1,773,138 11,693,138 2024 1,930,000 84,438 2,014,438

21,705,000$ 5,807,646 27,512,646

B. Capital Leases Payable: Certificates of Participation Refunding Certificates of Participation, Series 1995 – On November 1, 1995 pursuant to NJSA 18A:20-4.2(f), the Board of Education (the “Lessee”) entered into an agreement with Fiscal funding of New Jersey, Inc. (the “Lessor”) and the Bank of New York (“Agent”) to provide for the Refunding Certificates of Participation (the 1995 Certificates). The 1995 Certificates were used to advance refund, prepay and defease the $11,315,000 aggregate principal amount of outstanding Certificates of Participation dated September 30, 1988 (the 1988 Certificates), pay the cost of a Debt Service Reserve Insurance Policy which will be issued to meet the Reserve Account Requirements, and pay the costs and expenses incurred in connection with issuance of the 1995 Certificates. Under the lease, the lessee is required to make semiannual Basic Rent payments due on each April 1 and October 1, commencing April 1, 1996. Basic Rent is composed of an interest component and a principal component. The Certificates carry interest rates in the range of 3.8% to 5.3%, and the Certificates mature on October 1, 2013. The final payment, a term bond due October 1, 2013, carries an interest rate of 5.625%. Payment of the principal and interest on the Certificate are insured by MBIA Insurers, Inc. Proceeds from the sale of the 1988 Certificates were used to finance additions and alterations to the School District’s South Main Street and Leeds Avenue elementary

51


schools to provide increased classroom and library facilities and to provide specialized facilities such as science, music and computer classrooms and small group instruction areas. With respect to the South Main Street School, the Project (i) added seven classrooms, a cafeteria, and three areas for small group instruction, (ii) converted a classroom into a computer lab, (iii) expanded the school’s media center, (iv) added a new roof and (v) added a new elevator and ramp system for handicap access. With respect to the Leeds Avenue School, the Project (i) removed the 1920 building and the 1955 addition, (ii) added 24 classrooms for grades 1-6, 11 small group instruction rooms, a gymnasium, a science room, an art room, a media center, a computer room and an administrative/health suite area and (iii) converted four classrooms for pre-K and kindergarten. The New Jersey Department of Education and New Jersey Department of Community Affairs, Local Finance Board approved the construction and financing of the Project and refinancing of the Project was approved by the New Jersey Commission of Education and the Local Finance Board on October 11, 1995. On October 16, 2008, the District advance refunded the remaining Certificates of Participation by issuing a series of new certificates totaling $4,250,000 and using $700,000 from the Reserve Account. The remaining balances in the various reserve accounts were then refunded to the District and transferred to the District’s general account. The refunding resulted in a net present value savings to the District of $147,107 or 3.468% over the life of the Certificates. Future Minimum lease payments under the lease purchase agreement along with the present value of the minimum lease payments as of June 30, 2013 are as follows:

Fiscal Year Ending June 30 Amount2014 924,924

Total minimum lease payments 924,924 Less amount representing interest

14,924 Present value of lease payments 910,000$

Assets which were acquired under the capital leases in 1988 were not segregated or identified separately for the original cost or accumulated depreciation.

52


NOTE 10. PENSION PLANS Description of Plans All required employees of the District are covered by either the Public Employees’ Retirement System or the Teacher’s Pension and Annuity Fund cost-sharing multiple-employer defined benefit pension plans which have been established by state statute and are administered by the New Jersey Division of Pension and Benefits (Division). According to the State of New Jersey Administrative Code, all obligations of both Systems will be assumed by the State of New Jersey should the Systems terminate. The Division issues a publicly available financial report that includes the financial statements and required supplementary information for the Public Employees Retirement System and the Teachers’ Pension and Annuity Fund. These reports may be obtained by writing to the Division of Pensions and Benefits, PO Box 295, Trenton, New Jersey, 08625 or the reports can be accessed on the internet at http://www.state.nj.us/treasury/pensions/annrpts_archive.htm. Teachers' Pension and Annuity Fund The Teachers' Pension and Annuity Fund was established in January, 1955 under the provisions of N.J.S.A. 18A:66 to provide retirement benefits, death, disability and medical benefits to certain qualified members. The Teachers’ Pension and Annuity Fund is considered a cost-sharing multiple-employer plan with a special funding situation, as under current statute, all employer contributions are made by the State of New Jersey on behalf of the District and the system’s other related non-contributing employers. Membership is mandatory for substantially all teachers or members of the professional staff certified by the State Board of Examiners, and employees of the Department of Education who have titles that are unclassified, professional and certified. Public Employees' Retirement System The Public Employees' Retirement System was established in January, 1955 under the provisions of N.J.S.A. 43:15A to provide retirement, death, disability and medical benefits to certain qualified members. The Public Employees’ Retirement System is a cost-sharing multiple-employer plan. Membership is mandatory for substantially all full time employees of the State or any county, municipality, school district or public agency provided the employee is not required to be a member of another State-administered retirement system or other state or local jurisdiction. Defined Contribution Retirement Program (DCRP) The Defined Contribution Retirement program (DCRP) was established as of July 1, 2008 under the provisions of Chapter 92, P.L. 2008 and Chapter 103, P.L. 2008 (NJSA

53


43:15C-1 et seq). The DCRP is a cost-sharing multiple-employer defined contribution pension fund. The DCRP provides eligible members, and their beneficiaries with a tax-sheltered, defined contribution retirement benefit, along with life insurance and disability coverage. Vesting and benefit provisions are established by NJSA 43:15C-1 et seq. Funding Policy The contribution policy is set by N.J.S.A. 43:15A, Chapter 62, P.L. of 1994, Chapter 115, P.L. of 1997 and N.J.S.A. 18:66, and requires contributions by active members and contributing employers. Plan member and employer contributions may be amended by State of New Jersey legislation. TPAF and PERS provide for employee contributions of 5.5% of employees’ annual compensation, as defined. Employers are required to contribute at an actuarially determined rate in both TPAF and PERS. The current TPAF rate is 6.5% and the PERS rate is 6.5% of covered payroll. The School District’s contributions to TPAF for the years ending June 30, 2013, 2012 and 2011 were $4,182,387, $2,845,196 and $1,994,761 respectively, and paid by the State of New Jersey on behalf of the board, equal to the required contributions for each year. The School District’s contributions to PERS for the years ending June 30, 2013, 2012 and 2011 were $937,715, $923,049 and $851,567 respectively, equal to the required contributions for each year.

During the fiscal years ended June 30, 2013, 2012 and 2011, the State of New Jersey contributed $2,219,514, $1,900,030 and $1,994,761, respectively, to the TPAF for post-retirement medical benefits on behalf of the Board. Also, in accordance with NJSA 18A:66-66 the State of New Jersey reimbursed the Board $2,291,833, $2,347,287 and $2,240,966, during the same fiscal years for the employer’s share of social security contributions for TPAF members as calculated on their base salaries. These amounts, which are not required to be budgeted, have been included in the financial statements, and the combining and individual fund statements and schedules as revenues and expenditures in accordance in GASB 27. The Board’s total payroll for the year ended June 30, 2013, 2012, and 2011 was $44,374,454, $46,327,663, and $42,163,609; covered payroll was $4,773,582, $30,185,401, and $29,413,679 for TPAF; and $1,014,063, $8,886,249, and $7,864,903 for PERS. Significant Legislation Chapter 78, P.L. 2011, effective June 28, 2011 made various changes to the manner in which the Public Employees’ Retirement System (PERS) and the Teacher’s Pension and Annuity Fund (TPAF) operate and to the benefit provisions of those systems.

54


Chapter 78’s provisions impacting employee pension and health benefits include:

• New members of the PERS and TPAF hired on or after June 28, 2011 (Tier 5 members) will need 30 years of creditable service and age 65 for receipt of the early retirement benefit without a reduction of ¼ of 1% for each month that the member is under age 65.

• The eligibility age to qualify for a service retirement in the systems is increased from age 63 to 65 for Tier 5 members.

• Increases in active member contribution rates. PERS active member rates increase from 5.5% of annual compensation to 6.5% plus an additional 1% phased-in over 7 years. For fiscal year 2013, the member contribution rates increased in October 2012. The phase-in of the additional incremental member contribution rates for PERS members will take place in July of each subsequent fiscal year.

• The payment of automatic cost-of-living adjustment (COLA) additional increases to current and future retirees and beneficiaries is suspended until reactivated as permitted by this law.

• New employee contribution requirements towards the cost of employer-provided health benefit coverage. Employees are required to contribute a certain percentage of the cost of coverage. The rate of contribution is determined based on the employee’s annual salary and the selected level of coverage. The increased employee contributions will be phased in over a 4-year period for those employed prior to Chapter 78’s effective date with a minimum contribution required to be at least 1.5% of salary.

• In addition, this new legislation changes the method for amortizing the pension systems’ unfunded accrued liability (from a level percent of pay method to a level dollar of pay).

Chapter 1, P.L. 2010, effective May 21, 2010, made a number of changes to the State-administered retirement systems concerning eligibility, the retirement allowance formula, the definition of compensation, the positions eligible for service credit, the non-forfeitable right to a pension, the prosecutor’s part of the PERS, and employer contributions to the retirement systems. Also, Chapter 1, P.L. 2010 changed the membership eligibility criteria for new members of PERS and TPAF from the amount of annual compensation to the number of hours worked weekly. Also, it returned the benefit multiplier for new members of PERS and TPAF to 1/60th from 1/55th, and it provided that new members of PERS and TPAF have the retirement allowance calculated using the average annual compensation for the last five years of service instead of the last three years of service. New members of PERS and TPAF will no longer receive pension service credit from more than one employer. Pension service credit will be earned for the highest paid position only. The law also requires the State to make its full pension contribution, defined as 1/7th of the required amount, beginning in fiscal years 2012.

55


Chapter 3, P.L. 2010, effective May 21, 2010, replaced the accidental and ordinary disability retirement for new members of the PERS and TPAF with disability insurance coverage similar to that provided by the State to individuals enrolled in the State’s Defined Contribution Retirement Program. Chapter 92, P.L. 2007 implemented certain recommendations contained in the December 1, 2006 report of the Joint Legislative Committee on Public Employee Benefits Reform; established a DCRP for elected and certain appointed officials, effective July 1, 2007; the new pension loan interest rate became 4.69% per year, and an $8.00 processing fee per loan was charged, effective January 1, 2008. The legislation also removed language from existing law that permits the State Treasurer to reduce employer pension contributions needed to fund the Funds and Systems when excess assets are available. NOTE 11. POST-RETIREMENT BENEFITS P.L. 1987, Chapter 384 and P.L. 1990 Chapter 6 required Teachers’ Pensions and Annuity Fund (TPAF) and the Public Employees’ Retirement System (PERS), respectively, to fund post-retirement medical benefits for those State employees who retire after accumulating 25 years of credited service or on a disability retirement. P.L. 2007 c. 103 amended the law to eliminate the funding of post-retirement medical benefits through the TPAF and PERS. It created separate funds outside of the pension plans for funding and payment of post-retirement medical benefits for retired State employees and educational employees. As of June 30, 2012, there were 97,661 retirees eligible for post-retirement medical benefits. The cost of these benefits is funded through contributions by the State in accordance with Chapter 62, P.L. 1994. Funding of post-retirement medical premiums changed from a pre-funding basis to a pay-as-you-go basis beginning in Fiscal Year 1994. The State is also responsible for the cost attributable to Chapter 126, P.L. 1992, which provides free health benefits to members of PERS and the Alternate Benefit Program who retired from a board of education or county college with 25 years of service. The State paid $146.6 million toward Chapter 126 benefits for 16,618 eligible retired members in Fiscal Year 2012. The State also makes on-behalf payment for Teachers Pension and Annuity program retirees for health benefits. The on-behalf amount paid by the State of New Jersey in fiscal year 2012 was $1,900,030. NOTE 12. DEFERRED COMPENSATION The Board offers its employees a deferred compensation plan created in accordance with Internal Revenue Code Section 403(b). The plans, which are administered by the entities listed below, permits participants to defer a portion of their salary until future years. Amounts deferred under the plans are not available to employees until

56


termination, retirement, death or unforeseeable emergency. The plan administrators are as follows: Equitable Lincoln Investment Planning Siracusa Benefits Program Valic NOTE 13. COMPENSATED ABSENCES The District accounts for compensated absences (e.g. unused vacation, sick leave) as directed by Governmental Accounting Standards Board Statement No. 16 (GASB 16), “Accounting for Compensated Absences”. A liability for compensated absences attributable to services already rendered and not contingent on a specific event that is outside the control of the employer and employee is accrued as employees earn the rights to the benefits. District employees are granted varying amounts of vacation and sick leave in accordance with the district’s personnel policy. Upon termination, employees are paid for accrued vacation. Sick leave benefits provide for ordinary sick pay and are capped based on the various union and individual employee contracts. In the district-wide Statement of Net position, the liabilities whose average maturities are greater than one year are reported in two components – the amount due within one year and the amount due in more than one year. NOTE 14. INTERFUND RECEIVABLES AND PAYABLES The following interfund balances remained on the balance sheet at June 30, 2013:

FundInterfund Receivable

Interfund Payable

General Fund 3,512,205$ - Special Revenue Fund - 1,653,332 Agency Fund - 123,230 Enterprise Fund - 1,735,643

Total 3,512,205$ 3,512,205 Interfunds were created throughout the year due to short term borrowings to cover cash flow needs in the various funds and to cover cash overdrafts for pooled funds. The governmental fund interfunds were eliminated in the governmental-wide statements.

57


NOTE 15. LABOR CONTRACTS The District is presently in negotiations with the Pleasantville Education Association to implement a contract to replace the contract which expired on June 30, 2012. In addition the contract with the District administrators expired on June 30, 2013 and that contract is presently being negotiated. The District also has several individual contracts for management level personnel in the District NOTE 16. LITIGATION From time to time, the District is a defendant in legal proceedings relating to its operations as a school district. Several lawsuits are in various stages of litigation with no reasonable estimate of the outcome. Most of the litigation is being handled by attorneys designated by the District insurers. NOTE 17. DEFICIT FUND BALANCES The District has a deficit fund balance of $413,760 in the General Fund and $731,336 in the Special Revenue Fund as of June 30, 2013 as reported in the fund statements (modified accrual basis). P.L. 2003, c.97 provides that in the event a state school aid payment is not made until the following school budget year, districts must record the last state aid payment as revenue, for budget purposes only, in the current school budget year. The bill provides legal authority for school districts to recognize this revenue in the current budget year. For intergovernmental transactions, GASB Statement No. 33 requires that recognition (revenue, expenditure, asset, liability) should be in symmetry, i.e., if one government recognizes an asset, the other government recognizes a liability. Since the State is recording the last state aid payment in the subsequent fiscal year, the school district can not recognize the last state aid payment on the GAAP financial statements until the year the State records the payable. This amount was $6,126,121 in the General Fund and $731,336 in the Special Revenue Fund. Due to the timing difference of recording the last state aid payment, the deficit does not alone indicate that the district is facing financial difficulties. NOTE 18. FUND BALANCE APPROPRIATED General Fund – Of the $413,760 deficit General Fund balance, at June 30, 2013, $138,955 is reserved for encumbrances, but not reflected as assigned on the balance sheet since the unassigned balance is negative; $2,982,681 is reserved as excess surplus in accordance with NJSA 18A:7F-7 (the total reserve for excess surplus must be appropriated and included as anticipated revenue for the year ending June 30, 2015), $515,001 has been reserved in the Capital Reserve Account; $500,000 has been reserved as Reserve for Maintenance Reserve; and a deficit of $4,411,442 is classified as Unassigned, after adjusting for the encumbrance amount of $138,955.

58


NOTE 19. CALCULATION OF EXCESS SURPLUS In accordance with NJSA 18A:7F-7, as amended by P.L. 2004, c.73, the designation for Reserved Fund Balance – Excess Surplus is a required calculation. New Jersey school districts are required to reserve General Fund fund balance at the fiscal year end of June 30 if they did not appropriate a required minimum amount as budgeted fund balance in their subsequent years’ budget. The excess fund balance at June 30, 2013 is $2,982,681, all of which will be included in the 2015 fiscal year budget. NOTE 20. RISK MANAGEMENT The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; and natural disasters. Property and Liability Insurance – The District maintains commercial insurance coverage for property, liability and surety bonds. During the fiscal year ended June 30, 2013 the District did not incur claims in excess of their coverage and the amount of coverage did not significantly decrease. New Jersey Unemployment Compensation Insurance – The District has elected to fund its New Jersey Unemployment Compensation Insurance under the “Benefit Reimbursement Method”. Under this plan, the District is required to reimburse the New Jersey Unemployment Trust Fund for benefits paid to its former employees and charged to its account with the State. The District is billed quarterly for amounts due to the State. The following is a summary of District contributions, employee contributions, reimbursements to the State for benefits paid and the ending balance of the District’s expendable trust fund for the current and prior year:

Interest on Employee/Board Amount EndingFiscal Year Investments Contributions Reimbursed Balance2012-2013 $ 2 86204 (299,909) 52,375 2011-2012 11 492,530 (306,064) 266,078 2010-2011 79 541,053 (549,340) 79,601

NOTE 21. CONTINGENCIES The office of fiscal accountability and compliance of the State Department of Education performed an audit of the October 15, 2010 Application for State Aid, District Report of Transported Students and Extraordinary Aid FY 2010-2011. As a result of the audit, the State Department of Education assessed a penalty to the District of in excess of $4 million. The District strongly disagrees with the audit results and is vigorously contesting the assessment.

59


In the summer of 2012 it was determined that a methane gas pool existed beneath the District Middle School. At this point in time there is no estimate of the cost of remediation but the District has placed $832,000 in the 2013-14 budget toward the cost. The District is required to complete the remediation by 2019 and the preliminary total estimated cost is $3.7 million. NOTE 22 – SUBSEQUENT EVENTS The District has evaluated subsequent events through November 4, 2013, the date which the financial statements were available to be issued and no additional items were noted for disclosure or adjustment.

60

Required Supplemental Information

PART II

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

REV

ENU

ES:

Loca

l Sou

rces

:Lo

cal T

ax L

evy

6,86

2,80

8$

-

6,86

2,80

8

6,86

2,80

8

-

Tuiti

on56

0,76

0

-

56

0,76

0

56

4,96

0

4,

200

Mis

cella

neou

s37

4,53

6

-

37

4,53

6

18

9,27

6

(1

85,2

60)

Tota

l - L

ocal

Sou

rces

7,79

8,10

4

-

7,79

8,10

4

7,61

7,04

4

(181

,060

)

Sta

te S

ourc

es:

Cat

egor

ical

Tra

nspo

rtatio

n Ai

d56

7,14

3

-

56

7,14

3

56

7,14

3

-

E

xtra

ordi

nary

Aid

-

-

-

103,

689

103,

689

C

ateg

oric

al S

peci

al E

duca

tion

Aid

2,09

3,78

6

-

2,09

3,78

6

2,09

3,78

6

-

Equ

aliz

atio

n Ai

d45

,323

,634

-

45

,323

,634

45

,323

,634

-

Cat

egor

ical

Sec

urity

Aid

1,31

0,67

5

-

1,31

0,67

5

1,31

0,67

5

-

Adju

stm

ent A

id14

,675

,572

-

14

,675

,572

14

,675

,572

-

Oth

er S

tate

Aid

s-

-

-

12

,354

12

,354

On-

Beh

alf T

PA

F P

ensi

on C

ontri

butio

ns (n

on-b

udge

ted)

4,18

2,38

7

4,18

2,38

7

R

eim

burs

ed T

PA

F S

ocia

l Sec

urity

Con

tribu

tions

(non

-bud

gete

d)2,

291,

833

2,

291,

833

Tota

l - S

tate

Sou

rces

63,9

70,8

10

-

63,9

70,8

10

70,5

61,0

73

6,

590,

263

Fede

ral S

ourc

es:

Edu

catio

n Jo

b Fu

nd-

5,54

5

5,

545

5,54

5

-

Med

ical

Ass

ista

nce

Pro

gram

52,6

24

-

52,6

24

166,

190

113,

566

Tota

l - F

eder

al S

ourc

es52

,624

5,

545

58,1

69

171,

735

113,

566

Tota

l Rev

enue

s71

,821

,538

5,54

5

71,8

27,0

83

78

,349

,852

6,52

2,76

9

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

cont

inue

d

61

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Reg

ular

Pro

gram

s - I

nstru

ctio

n:S

alar

ies

of T

each

ers:

Pre

scho

ol/K

inde

rgar

ten

1,26

1,69

9

124,

153

1,

385,

852

1,

317,

220

68

,632

Gra

des

1-5

8,13

2,76

9

54,9

95

8,18

7,76

4

8,03

0,56

2

157,

202

G

rade

s 6-

83,

825,

706

22

5,03

9

4,05

0,74

5

4,01

6,58

2

34,1

63

G

rade

s 9-

124,

339,

738

52

5,31

3

4,86

5,05

1

4,86

5,05

1

-

Reg

ular

Pro

gram

s - H

ome

Inst

ruct

ion:

Sal

arie

s of

Tea

cher

s60

,000

6,

000

66,0

00

50,9

72

15,0

28

P

urch

ased

Pro

fess

iona

l - E

duca

tiona

l Ser

vice

s49

4

49,5

06

50,0

00

13,3

77

36,6

23

R

egul

ar P

rogr

ams

- Und

istri

bute

d In

stru

ctio

n:O

ther

Sal

arie

s fo

r Ins

truct

ion

536,

733

1,50

0

53

8,23

3

52

5,76

6

12

,467

Pur

chas

ed P

rofe

ssio

nal -

Edu

catio

nal S

ervi

ces

118,

750

(50,

006)

68

,744

45

,244

23

,500

Pur

chas

ed T

echn

ical

Ser

vice

s11

1,82

6

(1

0,00

0)

101,

826

65,9

37

35,8

89

O

ther

Pur

chas

ed S

ervi

ces

219,

344

723,

357

94

2,70

1

85

6,37

9

86

,322

Gen

eral

Sup

plie

s1,

185,

078

(1

10,4

50)

1,07

4,62

8

881,

220

193,

408

Te

xtbo

oks

261,

221

(26,

553)

23

4,66

8

21

3,19

6

21

,472

Oth

er O

bjec

ts80

,964

16

,223

97

,187

88

,532

8,

655

Tota

l Reg

ular

Pro

gram

s20

,134

,322

1,

529,

077

21,6

63,3

99

20,9

70,0

38

69

3,36

1

cont

inue

d

62

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Lear

ning

and

/or L

angu

age

Dis

abilit

ies

Sal

arie

s of

Tea

cher

s1,

185,

673

88

,500

1,

274,

173

1,

157,

243

11

6,93

0

Oth

er S

alar

ies

for I

nstru

ctio

n24

3,43

2

83

,408

32

6,84

0

29

5,92

9

30

,911

Oth

er P

urch

ased

Ser

vice

s30

0

-

300

-

300

G

ener

al S

uppl

ies

13,1

00

(1,2

00)

11,9

00

9,08

5

2,81

5

Te

xtbo

oks

2,80

0

-

2,

800

2,00

0

800

Tota

l Lea

rnin

g an

d/or

Lan

guag

e D

isab

ilitie

s1,

445,

305

17

0,70

8

1,61

6,01

3

1,46

4,25

7

151,

756

Res

ourc

e R

oom

/Res

ourc

e C

ente

rS

alar

ies

of T

each

ers

2,57

2,65

1

166,

119

2,

738,

770

2,

685,

974

52

,796

Oth

er S

alar

ies

for I

nstru

ctio

n23

1,42

1

(2

1,00

0)

210,

421

196,

074

14,3

47

O

ther

Pur

chas

ed S

ervi

ces

900

2,

950

3,85

0

2,

950

90

0

Gen

eral

Sup

plie

s21

,250

(1

1,07

0)

10,1

80

6,94

2

3,23

8

Te

xtbo

oks

4,50

0

(3

,500

)

1,

000

1,00

0

-

Oth

er O

bjec

ts30

0

-

300

-

300

Tota

l Res

ourc

e R

oom

/Res

ourc

e C

ente

r2,

831,

022

13

3,49

9

2,96

4,52

1

2,89

2,94

0

71,5

81

Pre

scho

ol D

isab

ilitie

sS

alar

ies

of T

each

ers

56,6

20

149,

374

20

5,99

4

20

5,93

7

57

Oth

er S

alar

ies

for I

nstru

ctio

n67

,141

(3

6,60

0)

30,5

41

23,9

19

6,62

2

Tota

l Pre

scho

ol D

isab

ilitie

s12

3,76

1

11

2,77

4

236,

535

229,

856

6,67

9

Tota

l Spe

cial

Pro

gram

s4,

400,

088

41

6,98

1

4,81

7,06

9

4,58

7,05

3

230,

016

Spe

cial

Edu

catio

n In

stru

ctio

n - B

ehav

iora

l Dis

abilit

ies

Sal

arie

s of

Tea

cher

s-

38,9

00

38,9

00

38,8

01

99

Tota

l Spe

cial

Edu

catio

n In

stru

ctio

n - B

ehav

iora

l Dis

abilit

ies

-

38

,900

38

,900

38

,801

99

cont

inue

d

63

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Bilin

gual

Edu

catio

n - I

nstru

ctio

n:S

alar

ies

of T

each

ers

1,12

6,20

3

531

1,

126,

734

1,

123,

765

2,

969

Oth

er S

alar

ies

for I

nstru

ctio

n21

8,56

2

(8

,500

)

21

0,06

2

20

4,52

9

5,

533

Pur

chas

ed P

rofe

ssio

nal E

duca

tiona

l Ser

vice

s15

,000

(1

5,00

0)

-

-

-

Oth

er P

urch

ased

Ser

vice

s50

0

-

500

-

500

G

ener

al S

uppl

ies

20,7

70

-

20,7

70

9,67

8

11,0

92

Te

xtbo

oks

2,00

0

-

2,

000

-

2,

000

Oth

er O

bjec

ts60

0

(600

)

-

-

-

Tota

l Bilin

gual

Edu

catio

n - I

nstru

ctio

n1,

383,

635

(2

3,56

9)

1,36

0,06

6

1,33

7,97

2

22,0

94

Sch

ool S

pons

ored

Coc

urric

ular

Act

iviti

es -

Inst

ruct

ion:

Sal

arie

s37

8,36

1

1,

782

380,

143

318,

661

61,4

82

O

ther

Pur

chas

ed S

ervi

ces

4,00

0

(3

,460

)

54

0

351

189

S

uppl

ies

and

Mat

eria

ls48

,550

(2

6,74

0)

21,8

10

17,1

84

4,62

6

O

ther

Obj

ects

6,50

0

-

6,

500

651

5,84

9

Tota

l Sch

ool S

pons

ored

Coc

urric

ular

Act

iviti

es -

Inst

ruct

ion

437,

411

(28,

418)

40

8,99

3

33

6,84

7

72

,146

Sch

ool S

pons

ored

Ath

letic

s - I

nstru

ctio

nS

alar

ies

619,

062

(86,

900)

53

2,16

2

41

9,06

2

11

3,10

0

Pur

chas

ed S

ervi

ces

35,7

50

(1,0

00)

34,7

50

14,7

67

19,9

83

S

uppl

ies

and

Mat

eria

ls39

,845

(8

,100

)

31

,745

24

,945

6,

800

Oth

er O

bjec

ts5,

300

-

5,30

0

56

0

4,

740

Tota

l Sch

ool S

pons

ored

Ath

letic

s - I

nstru

ctio

n69

9,95

7

(9

6,00

0)

603,

957

459,

334

144,

623

cont

inue

d

64

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Bef

ore/

Afte

r Sch

ool P

rogr

ams

- Ins

truct

ion

Sal

arie

s of

Tea

cher

s46

5,12

0

(1

7,66

7)

447,

453

257,

547

189,

906

O

ther

Sal

arie

s of

Inst

ruct

ion

88,2

94

1,10

0

89

,394

82

,838

6,

556

Sal

arie

s of

Rea

ding

Spe

cial

ists

6,21

0

(2

,500

)

3,

710

-

3,

710

Pur

chas

ed P

rofe

ssio

nal a

nd E

duca

tiona

l Ser

vice

s11

,421

(2

,225

)

9,

196

5,64

1

3,55

5

2,

145

-

2,14

5

-

2,14

5

S

uppl

ies

and

Mat

eria

ls27

,353

(5

,900

)

21

,453

4,

216

17

,237

Oth

er O

bjec

ts4,

700

(2,2

00)

2,50

0

2,

500

-

Tota

l Bef

ore/

Afte

r Sch

ool P

rogr

ams

- Ins

truct

ion

605,

243

(29,

392)

57

5,85

1

35

2,74

2

22

3,10

9

Sum

mer

Sch

ool -

Inst

ruct

ion

Sal

arie

s-

-

-

-

-

Sal

arie

s of

Tea

cher

s45

2,76

8

(9

2,73

6)

360,

032

292,

090

67,9

42

O

ther

Sal

arie

s of

Inst

ruct

ion

95,2

61

(67,

754)

27

,507

10

,320

17

,187

Sal

arie

s of

Tea

cher

Tut

ors

1,80

0

(1

,800

)

-

-

-

S

alar

ies

of R

eadi

ng S

peci

alis

ts37

,380

(2

3,05

2)

14,3

28

-

14

,328

Pur

chas

ed P

rofe

ssio

nal a

nd E

duca

tiona

l Ser

vice

s7,

110

(5,7

45)

1,36

5

-

1,36

5

O

ther

Pur

chas

ed S

ervi

ces

1,49

1

-

1,

491

-

1,

491

Sup

plie

s an

d M

ater

ials

32,5

82

(8,1

00)

24,4

82

-

24

,482

Text

book

s50

0

-

500

-

500

O

ther

Obj

ects

3,00

0

-

3,

000

-

3,

000

Tota

l Sum

mer

Sch

ool -

Inst

ruct

ion

631,

892

(199

,187

)

43

2,70

5

30

2,41

0

13

0,29

5

Com

mun

ity S

ervi

ce P

rogr

ams

Sal

arie

s97

,500

(9

7,50

0)

-

-

-

Pur

chas

ed S

ervi

ces

-

96

,461

96

,461

91

,345

5,

116

Sup

plie

s an

d M

ater

ials

35,0

00

(35,

000)

-

-

-

Tota

l Com

mun

ity S

ervi

ce P

rogr

ams

132,

500

(36,

039)

96

,461

91

,345

5,

116

cont

inue

d

65

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Alte

rnat

ive

Edu

catio

n P

rogr

am -

Inst

ruct

ion

Sal

arie

s of

Tea

cher

s34

4,51

3

49

,325

39

3,83

8

33

8,34

5

55

,493

Pur

chas

ed P

rofe

ssio

nal a

nd T

echn

ical

Ser

vice

s5,

400

-

5,40

0

-

5,40

0

S

uppl

ies

and

Mat

eria

ls50

0

-

500

-

500

Tota

l Alte

rnat

ive

Edu

catio

n P

rogr

am -

Inst

ruct

ion

350,

413

49,3

25

399,

738

338,

345

61,3

93

Tota

l Ins

truct

ion

28,7

75,4

61

1,62

1,67

8

30

,397

,139

28

,814

,887

1,58

2,25

2

Und

istri

bute

d E

xpen

ditu

res

- Ins

truct

ion:

Tuiti

on to

Oth

er L

EA

s w

ithin

the

Sta

te -

Reg

ular

-

21

3,00

0

213,

000

201,

337

11,6

63

Tu

ition

to O

ther

LE

As

with

in th

e S

tate

- S

peci

al17

5,44

5

58

,000

23

3,44

5

21

5,15

0

18

,295

Tuiti

on to

Cou

nty

Voc

Sch

ool D

istri

ct-R

egul

ar1,

275,

428

-

1,

275,

428

1,

275,

428

-

Tu

ition

to C

ount

y V

oc S

choo

l Dis

trict

-Spe

cial

99,5

00

-

99,5

00

99,5

00

-

Tuiti

on to

CS

SD

& R

egio

nal D

ay S

choo

ls3,

646,

182

(1

,076

,000

)

2,57

0,18

2

2,56

6,19

8

3,98

4

Tu

ition

to P

rivat

e S

choo

ls fo

r the

Dis

able

d- W

ithin

Sta

te18

0,91

9

13

4,00

0

314,

919

270,

067

44,8

52

Tu

ition

- S

tate

Fac

ilitie

s71

6,42

9

(3

3,00

0)

683,

429

667,

832

15,5

97

Tu

ition

- O

ther

38,7

21

19,4

60

58,1

81

58,1

81

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Ins

truct

ion

6,13

2,62

4

(684

,540

)

5,

448,

084

5,

353,

693

94

,391

cont

inue

d

66

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Und

istri

bute

d E

xpen

ditu

res

- Atte

ndan

ce a

nd S

ocia

l Wor

k:S

alar

ies

325,

963

94,1

70

420,

133

416,

301

3,83

2

S

alar

ies

of F

amily

Lia

ison

s / C

omm

Par

ent I

nv. S

pec.

399,

019

(24,

950)

37

4,06

9

33

7,35

3

36

,716

Sal

arie

s of

Com

mun

ity /

Sch

ool C

oord

inat

ors

-

-

-

-

-

P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

2,50

0

-

2,

500

88

2,41

2

O

ther

Pur

chas

ed S

ervi

ces

8,60

0

11

6,00

0

124,

600

116,

964

7,63

6

S

uppl

ies

and

Mat

eria

ls37

,274

(3

,500

)

33

,774

29

,854

3,

920

Oth

er O

bjec

ts3,

100

-

3,10

0

90

0

2,

200

Tota

l Und

istri

bute

d E

xpen

d - A

ttend

ance

and

Soc

ial W

ork

776,

456

181,

720

95

8,17

6

90

1,46

0

56

,716

Und

istri

bute

d E

xpen

ditu

res

- Hea

lth S

ervi

ces:

Sal

arie

s49

1,41

5

37

,834

52

9,24

9

47

9,24

1

50

,008

Sal

arie

s of

Soc

ial C

oord

inat

ors

-

-

-

-

-

P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

59,4

00

9,00

0

68

,400

66

,000

2,

400

Oth

er P

urch

ased

Ser

vice

s3,

100

(1,5

00)

1,60

0

65

8

94

2

Sup

plie

s an

d M

ater

ials

35,8

38

(3,2

00)

32,6

38

16,7

84

15,8

54

O

ther

Obj

ects

1,44

3

-

1,

443

620

823

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Hea

lth S

ervi

ces

591,

196

42,1

34

633,

330

563,

303

70,0

27

Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Rel

ated

Ser

vice

s:S

alar

ies

432,

267

(75,

338)

35

6,92

9

35

5,71

3

1,

216

Pur

chas

ed P

rofe

ssio

nal E

duca

tiona

l Ser

vice

s93

,675

46

,775

14

0,45

0

13

6,37

0

4,

080

Sup

plie

s an

d M

ater

ials

5,00

0

-

5,

000

4,24

4

756

O

ther

Obj

ects

2,50

0

(2

,500

)

-

-

-

To

tal U

ndis

tribu

ted

Exp

endi

ture

s - O

ther

Sup

port

Ser

vice

s -

Stu

dent

s - R

elat

ed S

ervi

ces

533,

442

(31,

063)

50

2,37

9

49

6,32

7

6,

052

cont

inue

d

67

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Reg

ular

Ser

vice

s:S

alar

ies

of O

ther

Pro

fess

iona

l Sta

ff83

4,83

0

50

,605

88

5,43

5

87

3,73

2

11

,703

Sal

arie

s of

Sec

rete

rial a

nd C

leric

al A

ssis

tant

s66

,379

70

0

67,0

79

66,8

50

229

O

ther

Sal

arie

s-

82,5

38

82,5

38

82,5

38

-

Pur

chas

ed P

rofe

ssio

nal E

duca

tiona

l Ser

vice

s7,

000

(7,0

00)

-

-

-

Oth

er P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

2,50

0

(2

,500

)

-

-

-

O

ther

Pur

chas

ed S

ervi

ces

14,3

00

(6,8

68)

7,43

2

2,

962

4,

470

Sup

plie

s an

d M

ater

ials

38,1

25

(6,2

80)

31,8

45

26,4

33

5,41

2

O

ther

Obj

ects

4,40

0

(5

71)

3,

829

3,61

3

216

To

tal U

ndis

tribu

ted

Exp

endi

ture

s - O

ther

Sup

port

Ser

vice

s -

Stu

dent

s - R

egul

ar S

ervi

ces

967,

534

110,

624

1,

078,

158

1,

056,

128

22

,030

Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Spe

cial

Sal

arie

s54

2,53

2

(9

3,57

4)

448,

958

447,

775

1,18

3

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Spe

cial

542,

532

(9

3,57

4)

44

8,95

8

447,

775

1,

183

cont

inue

d

68

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Spe

cial

Sal

arie

s of

Oth

er P

rofe

ssio

nal S

taff

1,01

2,03

5

142,

031

1,

154,

066

1,

149,

528

4,

538

Sal

arie

s of

Sec

reta

rial a

nd C

leric

al A

ssis

tant

s21

0,96

0

-

21

0,96

0

20

6,93

4

4,

026

Oth

er S

alar

ies

-

-

-

-

-

P

urch

ased

Pro

fess

iona

l Edu

catio

nal S

ervi

ces

81,6

42

25,7

26

107,

368

97,7

68

9,60

0

M

isce

llane

ous

Pur

chas

ed S

ervi

ces

23,2

43

(14,

000)

9,

243

5,05

6

4,18

7

S

uppl

ies

and

Mat

eria

ls25

,000

15

,000

40

,000

34

,660

5,

340

Oth

er O

bjec

ts6,

000

(6,0

00)

-

-

To

tal U

ndis

tribu

ted

Exp

endi

ture

s - O

ther

Sup

port

Ser

vice

s -

Stu

dent

s - S

peci

al1,

358,

880

16

2,75

7

1,52

1,63

7

1,49

3,94

6

27,6

91

Und

istri

bute

d E

xpen

ditu

res

- Im

prov

emen

t of I

nstru

ctio

n S

ervi

ces:

Sal

arie

s of

Sup

ervi

sors

of I

nstru

ctio

n58

9,53

8

(5

3,53

8)

536,

000

535,

898

102

S

alar

ies

of O

ther

Pro

fess

iona

l Sta

ff70

,325

8,

220

78,5

45

78,5

09

36

S

alar

ies

of S

ecre

taria

l and

Cle

rical

Ass

ista

nts

98,0

35

38,3

00

136,

335

136,

197

138

S

alar

ies

of F

acilit

ator

s, M

ath

& L

itera

cy C

oach

es38

,400

(3

0,00

0)

8,40

0

2,

025

6,

375

Pur

chas

ed P

rofe

ssio

nal E

duca

tiona

l Ser

vice

s6,

300

-

6,30

0

6,

120

18

0

Oth

er P

urch

ased

Ser

vice

s25

,000

36

,882

61

,882

61

,882

-

S

uppl

ies

and

Mat

eria

ls-

24,5

78

24,5

78

23,7

99

779

O

ther

Obj

ects

-

80

0

800

80

0

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Im

prov

. of I

nstr.

Ser

vice

s82

7,59

8

25

,242

85

2,84

0

84

5,23

0

7,

610

cont

inue

d

69

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Und

istri

bute

d E

xpen

ditu

res

- Edu

catio

nal M

edia

Ser

vice

s - S

choo

l Lib

rary

Sal

arie

s29

4,23

1

34

6,99

9

641,

230

633,

677

7,55

3

S

alar

ies

of T

echn

olog

y C

oord

inat

ors

228,

741

(228

,741

)

-

-

-

P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

36,1

68

(10,

668)

25

,500

84

25

,416

Oth

er P

urch

ased

Ser

vice

s9,

600

(2,6

00)

7,00

0

20

4

6,

796

Sup

plie

s an

d M

ater

ials

102,

550

(3,2

94)

99,2

56

93,4

91

5,76

5

O

ther

Obj

ects

2,78

0

-

2,

780

1,47

2

1,30

8

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Edu

catio

nal M

edia

Ser

vice

s -

Sch

ool L

ibra

ry67

4,07

0

10

1,69

6

775,

766

728,

928

46,8

38

In

stru

ctio

nal S

taff

Trai

ning

Ser

vice

s:

O

ther

pur

chas

ed s

ervi

ces

2,04

1

89

4

2,93

5

81

2

2,

123

Sup

plie

s an

d m

ater

ials

2,07

7

-

2,

077

186

1,89

1

O

ther

obj

ects

500

-

50

0

415

85

T

otal

Inst

ruct

iona

l Sta

ff Tr

aini

ng S

ervi

ces

4,61

8

89

4

5,51

2

1,

413

4,

099

cont

inue

d

70

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Und

istri

bute

d E

xpen

ditu

res

- Sup

port

Ser

vice

s - G

en. A

dmin

.:S

alar

ies

530,

035

14,5

00

544,

535

520,

445

24,0

90

P

urch

ased

Pro

fess

iona

l Edu

catio

nal S

ervi

ces

-

-

-

-

-

Le

gal S

ervi

ces

200,

000

200,

000

40

0,00

0

33

5,70

0

64

,300

Aud

it Fe

es76

,995

(5

,000

)

71

,995

71

,995

-

A

rchi

tect

ural

/Eng

inee

ring

Ser

vice

s-

62,1

00

62,1

00

62,0

53

47

O

ther

Pur

chas

ed P

rofe

ssio

nal S

ervi

ces

50,0

00

-

50,0

00

36,2

44

13,7

56

P

urch

ased

Tec

hnic

al S

ervi

ces

35,0

00

(8,9

78)

26,0

22

13,3

20

12,7

02

C

omm

unic

atio

ns/T

elep

hone

235,

000

50,0

00

285,

000

275,

806

9,19

4

B

OE

Oth

er P

urch

ased

Ser

vice

s5,

150

-

5,15

0

2,

666

2,

484

Oth

er P

urch

ased

Ser

vice

s95

,000

(3

,000

)

92

,000

84

,618

7,

382

Sup

plie

s an

d M

ater

ials

20,2

76

-

20,2

76

18,0

91

2,18

5

B

OE

In-H

ouse

Tra

inin

g1,

000

(1,0

00)

-

-

-

Judg

emen

ts a

gain

st th

e S

choo

l Dis

trict

200,

000

89,0

00

289,

000

368,

230

(79,

230)

M

isce

llane

ous

Exp

endi

ture

s2,

000

1,85

0

3,

850

3,50

5

345

B

OE

Mem

bers

hip

Due

s an

d Fe

es35

,000

(8

50)

34

,150

32

,676

1,

474

Tota

l Und

istri

bute

d E

xpen

d. -

Sup

port

Ser

vice

s - G

en. A

dmin

.1,

485,

456

39

8,62

2

1,88

4,07

8

1,82

5,34

9

58,7

29

Und

istri

bute

d E

xpen

ditu

res

- Sup

port

Ser

v. -

Sch

ool A

dmin

.:S

alar

ies

of P

rinci

pals

/Ass

ista

nt P

rinci

pals

1,43

0,15

0

186,

141

1,

616,

291

1,

535,

836

80

,455

Sal

arie

s of

Oth

er P

rofe

ssio

nal S

taff

-

-

-

-

-

S

alar

ies

of S

ecre

taria

l and

Cle

rical

Ass

ista

nts

680,

156

88,6

90

768,

846

754,

567

14,2

79

O

ther

Sal

arie

s20

,000

83

0

20,8

30

20,8

30

-

Oth

er P

urch

ased

Ser

vice

s68

,367

8,

930

77,2

97

65,2

16

12,0

81

S

uppl

ies

and

Mat

eria

ls14

0,55

4

11

,015

15

1,56

9

14

2,00

0

9,

569

Oth

er O

bjec

ts13

,228

2,

400

15,6

28

14,1

24

1,50

4

Tota

l Und

istri

bute

d E

xpen

d. -

Sup

port

Ser

v. -

Sch

ool A

dmin

.2,

352,

455

29

8,00

6

2,65

0,46

1

2,53

2,57

3

117,

888

cont

inue

d

71

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Und

istri

bute

d E

xpen

ditu

res

- Cen

tral S

eriv

ices

Sal

arie

s85

6,97

4

11

6,21

0

973,

184

971,

866

1,31

8

P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

65,0

00

(16,

762)

48

,238

47

,582

65

6

Mis

cella

neou

s P

urch

ased

Ser

vice

s19

,451

15

0,00

0

169,

451

146,

816

22,6

35

S

uppl

ies

and

Mat

eria

ls35

,000

(5

,000

)

30

,000

24

,753

5,

247

Inte

rst o

n Le

ase

Pur

chas

e A

gree

men

ts32

,491

-

32

,491

32

,491

-

M

isce

llane

ous

BO

E E

xpen

se40

,000

(1

2,80

0)

27,2

00

26,5

93

607

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Cen

tral S

ervi

ces

1,04

8,91

6

231,

648

1,

280,

564

1,

250,

101

30

,463

Und

istri

bute

d E

xpen

ditu

res

- Adm

initr

ativ

e In

fo T

echn

olog

yS

alar

ies

608,

884

7,10

2

61

5,98

6

61

5,98

2

4

O

ther

Pur

chas

ed S

ervi

ces

2,39

8

-

2,

398

2,39

8

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Adm

inis

trativ

e In

foTe

chno

logy

611,

282

7,10

2

61

8,38

4

61

8,38

0

4

Und

istri

bute

d E

xpen

ditu

res

- Req

uire

d M

aint

enan

ce fo

r Sch

ool F

acilit

esS

alar

ies

587,

176

192,

050

77

9,22

6

73

6,51

1

42

,715

Cle

anin

g R

epai

rs a

nd M

aint

enan

ce S

ervi

ces

632,

916

365,

079

99

7,99

5

97

5,48

2

22

,513

Gen

eral

Sup

plie

s16

5,20

3

48

,973

21

4,17

6

19

6,84

1

17

,335

Oth

er O

bjec

ts5,

000

(5,0

00)

-

-

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Req

uire

d M

aint

enan

ce fo

rS

choo

l Fac

ilitie

s1,

390,

295

60

1,10

2

1,99

1,39

7

1,90

8,83

4

82,5

63

cont

inue

d

72

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Und

istri

bute

d E

xpen

ditu

res

- Ope

ratio

n an

d M

aint

enan

ceof

Pla

nt S

ervi

ces:

Sal

arie

s2,

717,

556

13

4,36

7

2,85

1,92

3

2,80

5,76

0

46,1

63

P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

50,0

00

20,0

00

70,0

00

58,7

75

11,2

25

C

lean

ing,

Rep

air a

nd M

aint

enan

ce S

ervi

ces

385,

500

(114

,800

)

27

0,70

0

24

3,17

8

27

,522

Ren

tal o

f Lan

d &

Bui

ldin

gs O

ther

than

Lea

se P

urch

ase

10,8

00

-

10,8

00

8,28

0

2,52

0

O

ther

Pur

chas

ed P

rope

rty S

ervi

ces

185,

000

60,0

00

245,

000

234,

763

10,2

37

In

sura

nce

712,

760

(91,

827)

62

0,93

3

58

0,58

5

40

,348

Mis

cella

neou

s P

urch

ased

Ser

vice

s75

,395

56

2,30

0

637,

695

625,

580

12,1

15

G

ener

al S

uppl

ies

344,

033

80,4

95

424,

528

351,

039

73,4

89

E

nerg

y (H

eat a

nd E

lect

ricity

)1,

813,

200

(3

66,8

78)

1,44

6,32

2

1,01

0,24

9

436,

073

O

ther

Obj

ects

73,2

00

(72,

850)

35

0

350

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Ope

ratio

n an

d M

aint

enan

ceof

Pla

nt S

ervi

ces

6,36

7,44

4

210,

807

6,

578,

251

5,

918,

559

65

9,69

2

Und

istri

bute

d E

xpen

ditu

res

- Car

e an

d U

pkee

p of

Gro

unds

Sal

arie

s93

,311

-

93

,311

85

,734

7,

577

Pur

chas

ed P

rofe

ssio

nal T

echn

ical

Ser

vice

s19

,000

(1

9,00

0)

-

-

-

Cle

anin

g R

epai

rs a

nd M

aint

enan

ce S

ervi

ces

8,50

0

(8

,500

)

-

-

-

G

ener

al S

uppl

ies

7,50

0

(7

,500

)

-

-

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Car

e an

d U

pkee

p of

G

roun

ds12

8,31

1

(3

5,00

0)

93,3

11

85,7

34

7,57

7

cont

inue

d

73

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Und

istri

bute

d E

xpen

ditu

res

- Sec

urity

-

-

R

epai

rs a

nd M

aint

enan

ce S

ervi

ces

80,9

00

(72,

939)

7,

961

7,96

1

-

Gen

eral

Sup

plie

s48

,000

(3

5,76

3)

12,2

37

12,1

93

44

O

ther

Obj

ects

300,

000

(144

,798

)

15

5,20

2

15

3,64

0

1,

562

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Sec

urity

428,

900

(253

,500

)

17

5,40

0

17

3,79

4

1,

606

Und

istri

bute

d E

xpen

ditu

res

- Stu

dent

Tra

nspo

rtatio

n S

ervi

ces:

Sal

arie

s fo

r Pup

il Tr

ansp

. (B

etw

een

Hom

e an

d S

choo

l)-R

eg99

1,86

1

(3

33,4

40)

658,

421

648,

330

10,0

91

C

lean

ing,

Rep

air,

& M

aint

enan

ce S

ervi

ces

65,6

25

30,0

00

95,6

25

95,5

24

101

R

enta

l Pay

men

ts -

Sch

ool B

uses

33,0

00

-

33,0

00

10,7

80

22,2

20

O

ther

Pur

chse

d P

rofe

ssio

nal T

echn

ical

Ser

vice

s8,

200

-

8,20

0

7,

685

51

5

Tran

spor

tatio

n P

urch

ased

Ser

vice

s-

12,0

00

12,0

00

5,63

7

6,36

3

C

ontra

cted

Svc

s - (

Bet

wee

n H

ome

and

Sch

ool)

- Ven

dors

737,

523

(50,

000)

68

7,52

3

55

3,80

6

13

3,71

7

Con

tract

ed S

ervi

ces

- (O

ther

than

Bet

wee

n H

ome

and

S

choo

l) - V

endo

rs18

6,85

0

(7

,499

)

17

9,35

1

13

8,36

7

40

,984

Con

tract

ed S

ervi

ces

(Spe

cial

Ed

Stu

dent

s) -

Join

t Agm

nts

358,

827

(269

,345

)

89

,482

89

,482

-

C

ontra

cted

Ser

vice

s - A

id in

Lie

u of

Pay

men

ts35

,000

-

35

,000

67

8

34

,322

Con

tract

ed S

ervi

ces

- Aid

in L

ieu

- Non

Pub

lic S

choo

ls60

,000

-

60

,000

45

,521

14

,479

Tran

spor

tatio

n S

uppl

ies

85,2

00

32,0

00

117,

200

100,

789

16,4

11

S

uppl

ies

and

Mat

eria

ls15

,290

-

15

,290

7,

742

7,

548

Mis

cella

neou

s E

xpen

se39

0

1,50

0

1,

890

1,09

5

795

Tota

l Und

istri

bute

d E

xpen

d. -

Stu

dent

Tra

nspo

rtatio

n S

erv.

2,57

7,76

6

(584

,784

)

1,

992,

982

1,

705,

436

28

7,54

6

cont

inue

d

74

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Una

lloca

ted

Ben

efits

:S

ocia

l Sec

urity

Con

tribu

tions

619,

571

385,

022

1,

004,

593

93

4,41

7

70

,176

Oth

er R

etire

men

t Con

tribu

tions

- R

egul

ar1,

031,

105

(1

83,1

84)

847,

921

845,

438

2,48

3

O

ther

Ret

irem

ent C

ontri

butio

ns -

ER

IP-

6,70

0

6,

700

6,51

0

190

U

nem

ploy

men

t Com

pens

atio

n45

,405

-

45

,405

45

,405

-

W

orkm

en's

Com

pens

atio

n70

0,68

6

24

0,60

0

941,

286

1,18

3,78

1

(242

,495

)

H

ealth

Ben

efits

9,65

2,07

5

620,

606

10

,272

,681

9,

756,

720

51

5,96

1

Tuiti

on R

eim

burs

emen

ts20

1,71

0

-

20

1,71

0

92

,115

10

9,59

5

Oth

er E

mpl

oyee

Ben

efits

174,

998

(104

,208

)

70

,790

66

,904

3,

886

Tota

l Una

lloca

ted

Ben

efits

12,4

25,5

50

965,

536

13

,391

,086

12

,931

,290

459,

796

On-

beha

lf TP

AF

Pen

sion

Con

tribu

tions

(non

-bud

gete

d)-

-

-

4,

182,

387

(4

,182

,387

)

Rei

mbu

rsed

TP

AF

Soc

ial S

ecur

ity C

ontri

butio

ns (n

on-b

udge

ted)

-

-

-

2,29

1,83

3

(2,2

91,8

33)

Tota

l On-

beha

lf C

ontri

butio

ns-

-

-

6,

474,

220

(6

,474

,220

)

Tota

l Und

istri

bute

d E

xpen

ditu

res

41,2

25,3

25

1,65

5,42

9

42

,880

,754

47

,312

,473

(4,4

31,7

19)

Tota

l Gen

eral

Cur

rent

Exp

ense

70,0

00,7

86

3,27

7,10

7

73

,277

,893

76

,127

,360

(2,8

49,4

67)

cont

inue

d

75

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Equ

ipm

ent:

Und

istri

bute

d E

xpen

ditu

res:

Gra

des

1-5

75,0

00

(39,

847)

35

,153

1,

888

33

,265

Gra

des

6-8

32,1

82

(12,

460)

19

,722

-

19,7

22

A

dmin

istra

tion

Info

Tec

hnol

ogy

25,0

00

(15,

222)

9,

778

8,77

7

1,00

1

R

esou

rce

Roo

m3,

800

(850

)

2,95

0

2,

347

60

3

Req

uire

d M

aint

enan

ce o

f Sch

ool F

acilit

ies

-

9,

948

9,94

8

-

9,94

8

S

ecur

ity E

quip

men

t12

,000

(1

1,94

6)

54

-

54

Tota

l Equ

ipm

ent

222,

982

(145

,377

)

77

,605

13

,012

64

,593

Faci

litie

s A

cqui

sitio

n an

d C

onst

ruct

ion

Ser

vice

sC

onst

ruct

ion

Ser

vice

s-

72,0

72

72,0

72

72,0

72

-

Mid

dle

Sch

ool C

onst

ruct

ion

-

19

3,22

7

193,

227

193,

227

-

Tota

l Fac

ilitie

s A

cqui

sitio

n an

d C

onst

ruct

ion

Ser

vice

s-

265,

299

26

5,29

9

26

5,29

9

-

To

tal C

apita

l Out

lay

222,

982

119,

922

34

2,90

4

27

8,31

1

64

,593

cont

inue

d

76

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Spe

cial

Sch

ools

:A

dult

Edu

caito

n - L

ocal

Sal

arie

s-

9,

750

9,75

0

9,

510

24

0

Tota

l Eve

ning

Sch

ool f

or th

e Fo

reig

n B

orn

-

9,

750

9,75

0

9,

510

24

0

Tota

l Spe

cial

Sch

ools

-

9,

750

9,75

0

9,

510

24

0

Tran

sfer

of F

unds

to C

harte

r Sch

ools

6,35

0,86

5

(3,4

01,2

34)

2,

949,

631

2,

899,

602

50

,029

Dis

trict

-Wid

e S

choo

l Bas

ed E

xpen

ditu

res

76,5

74,6

33

5,54

5

76

,580

,178

79

,314

,783

(2,7

34,6

05)

Exc

ess

(Def

icie

ncy)

of R

even

ues

Ove

r (U

nder

) Exp

endi

ture

s(4

,753

,095

)

-

(4,7

53,0

95)

(9

64,9

31)

3,78

8,16

4

Oth

er F

inan

cing

Sou

rces

and

Use

s:A

djus

tmen

t to

prio

r yea

r rev

enue

(67,

324)

67,3

24

O

pera

ting

Tran

sfer

Out

Tran

sfer

to F

und

20(1

47,4

68)

-

(147

,468

)

(1

47,4

68)

-

Incr

ease

in C

apita

l Res

erve

(5,0

00)

(5

,000

)

(5,0

00)

-

In

crea

se in

Cap

ital R

eser

ve5,

000

(5

,000

)

In

crea

se in

Mai

nten

ance

Res

erve

-

(5

00,0

00)

(500

,000

)

(5

00,0

00)

-

Incr

ease

in M

aint

enan

ce R

eser

ve-

-

50

0,00

0

(5

00,0

00)

Ope

ratin

g Tr

ansf

er In

C

ontri

butio

n to

Who

le S

choo

l Ref

orm

692,

299

65,0

63

757,

362

729,

495

27,8

67

To

tal O

ther

Fin

anci

ng S

ourc

es53

9,83

1

(4

34,9

37)

104,

894

514,

703

(409

,809

)

Exc

ess

(Def

icie

ncy)

of R

even

ues

and

Oth

er F

inan

cing

Sou

rces

Ove

r (U

nder

)E

xpen

ditu

res

and

Oth

er F

inan

cing

(Use

s)(4

,213

,264

)

(434

,937

)

(4

,648

,201

)

(450

,228

)

4,

197,

973

Fund

Bal

ance

, Jul

y 1

6,16

2,58

9

-

6,16

2,58

9

6,16

2,58

9

1,01

2,85

5

Fund

Bal

ance

, Jun

e 30

$1,9

49,3

25(4

34,9

37)

1,51

4,38

85,

712,

361

5,21

0,82

8

cont

inue

d

77

Exh

ibit

C-1

Var

ianc

eO

rigin

al B

udge

tB

udge

t Tra

nsfe

rsFi

nal B

udge

tAc

tual

Fina

l to

Actu

al

City

of P

leas

antv

ille S

choo

l Dis

trict

Gen

eral

Fun

dB

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Rec

apitu

latio

n:R

estr

icte

d Fu

nd B

alan

ce:

Res

erve

for E

xces

s S

urpl

us2,

982,

681

$

E

xces

s S

urpl

us d

esig

nate

d fo

r sub

sequ

ent y

ear's

exp

endi

ture

s-

Com

mitt

ed F

und

Bal

ance

:R

eser

ve fo

r Cap

ital R

eser

ve51

5,00

1R

eser

ve fo

r Mai

nten

ance

Res

erve

500,

000

Des

igna

ted

for S

ubse

quen

t Yea

r' E

xpen

ditu

res

0As

sign

ed F

und

Bal

ance

:Ye

ar-e

nd E

ncum

bran

ces

138,

955

Unr

estr

icte

d Fu

nd B

alan

ce1,

575,

724

5,71

2,36

1La

st S

tate

Aid

Pay

men

t not

reco

gniz

ed o

n G

AAP

bas

is(6

,126

,121

)Fu

nd B

alan

ce p

er G

over

nmen

tal F

unds

(GAA

P)

(413

,760

)$

conc

lude

d

78

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

REV

ENU

ES:

Loca

l Sou

rces

:Lo

cal T

ax L

evy

6,86

2,80

8

6,

862,

808

6,86

2,80

8

6,

862,

808

6,86

2,80

8

6,

862,

808

Tuiti

on56

0,76

0

560,

760

56

0,76

0

560,

760

56

4,96

0

564,

960

M

isce

llane

ous

374,

536

37

4,53

6

374,

536

37

4,53

6

189,

276

18

9,27

6

Tota

l - L

ocal

Sou

rces

7,79

8,10

4

-

7,79

8,10

4

-

-

-

7,79

8,10

4

-

7,79

8,10

4

7,

617,

044

-

7,

617,

044

Sta

te S

ourc

es:

Cat

egor

ical

Tra

nspo

rtatio

n A

id56

7,14

3

567,

143

-

-

56

7,14

3

567,

143

56

7,14

3

567,

143

E

xtra

ordi

nary

Aid

-

-

-

-

-

-

103,

689

10

3,68

9

Cat

egor

ical

Spe

cial

Edu

catio

n A

id2,

093,

786

2,09

3,78

6

-

-

2,

093,

786

2,09

3,78

6

2,

093,

786

2,09

3,78

6

E

qual

izat

ion

Aid

45,3

23,6

34

45

,323

,634

-

-

45,3

23,6

34

45

,323

,634

45,3

23,6

34

45

,323

,634

Cat

egor

ical

Sec

urity

Aid

1,31

0,67

5

1,

310,

675

-

-

1,31

0,67

5

1,

310,

675

1,31

0,67

5

1,

310,

675

Adj

ustm

ent A

id14

,675

,572

14,6

75,5

72

-

-

14

,675

,572

14,6

75,5

72

14

,675

,572

14,6

75,5

72

O

ther

Sta

te A

ids

-

-

-

-

-

-

12,3

54

12

,354

On-

Beh

alf T

PA

F P

ensi

on C

ontri

butio

ns (n

on-b

udge

ted)

-

-

-

-

4,18

2,38

7

4,

182,

387

Rei

mbu

rsed

TP

AF

Soc

ial S

ecur

ity C

ontri

butio

ns (n

on-b

udge

ted)

2,29

1,83

3

2,

291,

833

Tota

l - S

tate

Sou

rces

63,9

70,8

10

-

63,9

70,8

10

-

-

-

63,9

70,8

10

-

63,9

70,8

10

70

,561

,073

-

70

,561

,073

Fede

ral S

ourc

es:

Impa

ct A

idE

duca

tion

Job

Fund

-

-

5,54

5

5,54

5

5,54

5

5,54

5

5,54

5

5,54

5

Med

ical

Ass

ista

nce

Pro

gram

52,6

24

52

,624

-

-

52,6

24

52

,624

166,

190

16

6,19

0

Gen

eral

Fun

d

City

of P

leas

antv

ille S

choo

l Dis

trict

Com

bini

ng B

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Act

ual

Tota

l - F

eder

al S

ourc

es52

,624

-

52

,624

5,54

5

-

5,

545

58

,169

-

58

,169

171,

735

-

171,

735

Tota

l Rev

enue

s71

,821

,538

-

71

,821

,538

5,54

5

-

5,

545

71

,827

,083

-

71

,827

,083

78,3

49,8

52

-

78,3

49,8

52

Reg

ular

Pro

gram

s - I

nstru

ctio

n:S

alar

ies

of T

each

ers:

Pre

scho

ol/K

inde

rgar

ten

112,

103

1,

149,

596

1,26

1,69

9

(4

7,76

2)

17

1,91

5

124,

153

64

,341

1,32

1,51

1

1,

385,

852

62,7

25

1,

254,

495

1,31

7,22

0

G

rade

s 1-

520

0,00

0

7,93

2,76

9

8,

132,

769

95,8

15

(4

0,82

0)

54

,995

295,

815

7,

891,

949

8,18

7,76

4

29

5,81

0

7,73

4,75

2

8,

030,

562

Gra

des

6-8

90,9

75

3,

734,

731

3,82

5,70

6

26

,825

198,

214

22

5,03

9

117,

800

3,

932,

945

4,05

0,74

5

11

7,80

0

3,89

8,78

2

4,

016,

582

Gra

des

9-12

150,

000

4,

189,

738

4,33

9,73

8

7,

125

51

8,18

8

525,

313

15

7,12

5

4,70

7,92

6

4,

865,

051

157,

125

4,

707,

926

4,86

5,05

1

R

egul

ar P

rogr

ams

- Hom

e In

stru

ctio

n:S

alar

ies

of T

each

ers

60,0

00

60

,000

6,00

0

6,00

0

66,0

00

66

,000

50,9

72

50

,972

Pur

chas

ed P

rofe

ssio

nal -

Edu

catio

nal S

ervi

ces

494

494

49,5

06

49

,506

50,0

00

50

,000

13,3

77

13

,377

Reg

ular

Pro

gram

s - U

ndis

tribu

ted

Inst

ruct

ion:

Oth

er S

alar

ies

for I

nstru

ctio

n-

536,

733

53

6,73

3

3,45

0

(1,9

50)

1,50

0

3,45

0

534,

783

53

8,23

3

3,45

0

522,

316

52

5,76

6

Pur

chas

ed P

rofe

ssio

nal -

Edu

catio

nal S

ervi

ces

100,

000

18

,750

118,

750

(4

1,80

6)

(8

,200

)

(5

0,00

6)

58

,194

10,5

50

68

,744

37,1

94

8,

050

45

,244

Pur

chas

ed P

rofe

ssio

nal a

nd T

echn

ical

Ser

vice

s10

0,00

0

100,

000

-

-

10

0,00

0

100,

000

65

,937

65,9

37

P

urch

aed

Tech

nica

l Ser

vice

s11

,826

11,8

26

(1

0,00

0)

(1

0,00

0)

1,

826

1,

826

-

-

O

ther

Pur

chas

ed S

ervi

ces

65,0

00

15

4,34

4

219,

344

83

6,72

4

(113

,367

)

723,

357

90

1,72

4

40,9

77

94

2,70

1

836,

100

20

,279

856,

379

U

nem

ploy

men

t Com

pens

atio

n-

885,

078

88

5,07

8

-

(3

3,71

5)

(3

3,71

5)

-

851,

363

85

1,36

3

-

75

6,61

2

756,

612

G

ener

al S

uppl

ies

300,

000

26

1,22

1

561,

221

(7

6,73

5)

(2

6,55

3)

(1

03,2

88)

22

3,26

5

234,

668

45

7,93

3

124,

608

21

3,19

6

337,

804

Te

xtbo

oks

-

80

,964

80,9

64

-

16,2

23

16

,223

-

97

,187

97,1

87

-

88,5

32

88

,532

Tota

l Reg

ular

Pro

gram

s1,

178,

572

18,9

55,7

50

20

,134

,322

859,

142

66

9,93

5

1,52

9,07

7

2,

037,

714

19,6

25,6

85

21

,663

,399

1,76

5,09

8

19

,204

,940

20,9

70,0

38

cont

inue

d

79

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Gen

eral

Fun

d

City

of P

leas

antv

ille S

choo

l Dis

trict

Com

bini

ng B

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Act

ual

Lear

ning

and

/or L

angu

age

Dis

abili

ties

Sal

arie

s of

Tea

cher

s1,

185,

673

1,18

5,67

3

88

,500

88,5

00

-

1,27

4,17

3

1,

274,

173

1,15

7,24

3

1,

157,

243

Oth

er S

alar

ies

for I

nstru

ctio

n24

3,43

2

243,

432

83

,408

83,4

08

-

326,

840

32

6,84

0

295,

929

29

5,92

9

Oth

er P

urch

ased

Ser

vice

s30

0

30

0

-

-

-

300

300

-

-

Gen

eral

Sup

plie

s13

,100

13,1

00

(1

,200

)

(1,2

00)

-

11,9

00

11

,900

9,08

5

9,08

5

Text

book

s2,

800

2,

800

-

-

-

2,80

0

2,80

0

2,00

0

2,00

0

Tota

l Lea

rnin

g an

d/or

Lan

guag

e D

isab

ilitie

s-

1,44

5,30

5

1,

445,

305

-

17

0,70

8

17

0,70

8

-

1,61

6,01

3

1,

616,

013

-

1,

464,

257

1,46

4,25

7

S

alar

ies

of T

each

ers

2,57

2,65

1

2,

572,

651

166,

119

166,

119

-

2,

738,

770

2,73

8,77

0

2,

685,

974

2,68

5,97

4

O

ther

Sal

arie

s fo

r Ins

truct

ion

231,

421

23

1,42

1

(21,

000)

(21,

000)

-

21

0,42

1

210,

421

19

6,07

4

196,

074

O

ther

Pur

chas

ed S

ervi

ces

900

900

2,95

0

2,95

0

-

3,

850

3,

850

2,

950

2,

950

G

ener

al S

uppl

ies

21,2

50

21

,250

(11,

070)

(11,

070)

-

10

,180

10,1

80

6,

942

6,

942

Te

xtbo

oks

4,50

0

4,50

0

(3,5

00)

(3

,500

)

-

1,

000

1,

000

1,

000

1,

000

O

ther

Obj

ects

300

300

-

-

-

30

0

30

0

-

-

Tota

l Res

ourc

e R

oom

/Res

ourc

e C

ente

r-

2,83

1,02

2

2,

831,

022

-

13

3,49

9

13

3,49

9

-

2,96

4,52

1

2,

964,

521

-

2,

892,

940

2,89

2,94

0

Pre

scho

ol D

isab

ilitie

sS

alar

ies

of T

each

ers

56,6

20

56

,620

149,

374

149,

374

-

20

5,99

4

205,

994

20

5,93

7

205,

937

O

ther

Sal

arie

s fo

r Ins

truct

ion

67,1

41

67

,141

(36,

600)

(36,

600)

-

30

,541

30,5

41

23

,919

23,9

19

Tota

l Pre

scho

ol D

isab

ilitie

s-

123,

761

12

3,76

1

-

11

2,77

4

11

2,77

4

-

236,

535

23

6,53

5

-

22

9,85

6

229,

856

Tota

l Spe

cial

Pro

gram

s-

4,40

0,08

8

4,

400,

088

-

41

6,98

1

416,

981

-

4,81

7,06

9

4,

817,

069

-

4,

587,

053

4,58

7,05

3

Spe

cial

Edu

catio

n In

stru

ctio

n - B

ehav

iora

l Dis

abili

ties

Sal

arie

s of

Tea

cher

s-

-

-

38,9

00

-

38,9

00

38

,900

-

38

,900

38,8

01

-

38,8

01

Tota

l Spe

cial

Edu

catio

n In

stru

ctio

n - B

ehav

iora

l Dis

abili

ties

-

-

-

38

,900

-

38

,900

38,9

00

-

38,9

00

38

,801

-

38

,801

Bili

ngua

l Edu

catio

n - I

nstru

ctio

n:S

alar

ies

of T

each

ers

1,12

6,20

3

1,

126,

203

531

531

-

1,

126,

734

1,12

6,73

4

-

1,12

3,76

5

1,

123,

765

Oth

er S

alar

ies

for I

nstru

ctio

n21

8,56

2

218,

562

(8

,500

)

(8,5

00)

-

210,

062

21

0,06

2

-

20

4,52

9

204,

529

P

urch

ased

Pro

fess

iona

l Edu

catio

nal S

ervi

ces

-

15

,000

15,0

00

-

(15,

000)

(15,

000)

-

-

-

-

-

-

Oth

er P

urch

ased

Ser

vice

s50

0

50

0

-

-

-

-

50

0

50

0

-

-

-

Gen

eral

Sup

plie

s-

20,7

70

20

,770

-

-

-

-

20,7

70

20

,770

-

9,

678

9,

678

Te

xtbo

oks

-

2,

000

2,

000

-

-

-

-

2,

000

2,

000

-

-

-

Oth

er O

bjec

ts60

0

60

0

(6

00)

(600

)

-

-

-

-

-

-

Tota

l Bili

ngua

l Edu

catio

n - I

nstru

ctio

n-

1,38

3,63

5

1,

383,

635

-

(2

3,56

9)

(2

3,56

9)

-

1,36

0,06

6

1,

360,

066

-

1,

337,

972

1,33

7,97

2

cont

inue

d

80

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Gen

eral

Fun

d

City

of P

leas

antv

ille S

choo

l Dis

trict

Com

bini

ng B

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Act

ual

Sch

ool S

pons

ored

Coc

urric

ular

Act

iviti

es -

Inst

ruct

ion:

Sal

arie

s18

5,00

0

193,

361

37

8,36

1

-

1,

782

1,

782

18

5,00

0

195,

143

38

0,14

3

129,

586

18

9,07

5

318,

661

O

ther

Pur

chas

ed S

ervi

ces

-

4,

000

4,

000

-

(3,4

60)

(3

,460

)

-

54

0

54

0

-

351

351

Sup

plie

s an

d M

ater

ials

2,50

0

46,0

50

48

,550

-

(2

6,74

0)

(2

6,74

0)

2,

500

19

,310

21,8

10

68

17,1

16

17

,184

Oth

er O

bjec

ts-

6,50

0

6,50

0

-

-

-

-

6,50

0

6,50

0

-

65

1

65

1

Tr

ansf

er to

Cov

er D

efic

it-

-

-

-

-

-

Tota

l Sch

ool S

pons

ored

Coc

urric

ular

Act

iviti

es -

Inst

ruct

ion

187,

500

24

9,91

1

437,

411

-

(28,

418)

(28,

418)

187,

500

22

1,49

3

408,

993

12

9,65

4

207,

193

33

6,84

7

Sch

ool S

pons

ored

Ath

letic

s - I

nstru

ctio

nS

alar

ies

308,

350

31

0,71

2

619,

062

(1

50,0

00)

63

,100

(86,

900)

158,

350

37

3,81

2

532,

162

45

,426

373,

636

41

9,06

2

Pur

chas

ed P

rofe

ssio

nal S

ervi

ces

-

35

,750

35,7

50

-

(1,0

00)

(1,0

00)

-

34,7

50

34

,750

-

14

,767

14,7

67

S

uppl

ies

and

Mat

eria

ls-

39,8

45

39

,845

-

(8

,100

)

(8

,100

)

-

31

,745

31,7

45

-

24,9

45

24

,945

Oth

er O

bjec

ts5,

000

30

0

5,

300

-

-

-

5,00

0

300

5,30

0

560

-

56

0

Tota

l Sch

ool S

pons

ored

Ath

letic

s - I

nstru

ctio

n31

3,35

0

386,

607

69

9,95

7

(150

,000

)

54,0

00

(9

6,00

0)

16

3,35

0

440,

607

60

3,95

7

45,9

86

41

3,34

8

459,

334

Bef

ore/

Afte

r Sch

ool P

rogr

ams

- Ins

truct

ion

Sal

arie

s of

Tea

cher

s46

5,12

0

465,

120

(1

7,66

7)

(1

7,66

7)

44

7,45

3

447,

453

25

7,54

7

257,

547

O

ther

Sal

arie

s of

Inst

ruct

ion

88,2

94

88

,294

1,10

0

1,10

0

89,3

94

89

,394

82,8

38

82

,838

Sal

arie

s of

Rea

ding

Spe

cial

ists

6,21

0

6,21

0

(2,5

00)

(2,5

00)

3,

710

3,

710

-

-

P

urch

ased

Pro

fess

iona

l and

Edu

catio

nal S

ervi

ces

11,4

21

11

,421

(2,2

25)

(2,2

25)

9,

196

9,

196

5,

641

5,

641

O

ther

Pur

chas

ed S

evic

es2,

145

2,

145

-

-

2,

145

2,

145

-

-

S

uppl

ies

and

Mat

eria

ls27

,353

27,3

53

(5

,900

)

(5

,900

)

21,4

53

21

,453

4,21

6

4,21

6

Oth

er O

bjec

ts4,

700

4,

700

(2

,200

)

(2

,200

)

2,50

0

2,50

0

2,50

0

2,50

0

Tota

l Bef

ore/

Afte

r Sch

ool P

rogr

ams

- Ins

truct

ion

-

60

5,24

3

605,

243

-

(29,

392)

(29,

392)

-

57

5,85

1

575,

851

-

352,

742

35

2,74

2

Sum

mer

Sch

ool -

Inst

ruct

ion

Sal

arie

s-

-

-

-

-

-

-

-

S

alar

ies

of T

each

ers

452,

768

45

2,76

8

(92,

736)

(92,

736)

360,

032

36

0,03

2

292,

090

29

2,09

0

Oth

er S

alar

ies

of In

stru

ctio

n95

,261

95,2

61

(6

7,75

4)

(6

7,75

4)

27

,507

27,5

07

10

,320

10,3

20

S

alar

ies

of T

each

er T

utor

s1,

800

1,

800

(1

,800

)

(1,8

00)

-

-

-

-

S

alar

ies

of R

eadi

ng S

peci

alis

ts37

,380

37,3

80

(2

3,05

2)

(2

3,05

2)

14

,328

14,3

28

-

-

P

urch

ased

Pro

fess

iona

l and

Edu

catio

nal S

ervi

ces

7,11

0

7,11

0

(5,7

45)

(5

,745

)

1,36

5

1,36

5

-

-

Oth

er P

urch

ased

Ser

vice

s1,

491

1,

491

-

-

1,

491

1,

491

-

-

S

uppl

ies

and

Mat

eria

ls32

,582

32,5

82

(8

,100

)

(8,1

00)

24

,482

24,4

82

-

-

Te

xtbo

oks

500

500

-

-

500

500

-

-

Oth

er O

bjec

ts3,

000

3,

000

-

-

3,

000

3,

000

-

-

Tota

l Sum

mer

Sch

ool -

Inst

ruct

ion

-

63

1,89

2

631,

892

-

(199

,187

)

(199

,187

)

-

43

2,70

5

432,

705

-

302,

410

30

2,41

0

Com

mun

ity S

ervi

ce P

rogr

ams

Sal

arie

s97

,500

97,5

00

(9

7,50

0)

(9

7,50

0)

-

-

-

-

P

urch

ased

Ser

vice

s-

-

96

,461

96,4

61

96

,461

96,4

61

91

,345

91,3

45

S

uppl

ies

and

Mat

eria

ls35

,000

35,0

00

(3

5,00

0)

(3

5,00

0)

-

-

-

-

Tota

l Com

mun

ity S

ervi

ce P

rogr

ams

132,

500

-

132,

500

(3

6,03

9)

-

(36,

039)

96,4

61

-

96,4

61

91

,345

-

91

,345

Alte

rnat

ive

Edu

catio

n P

rogr

am -

Inst

ruct

ion

Sal

arie

s of

Tea

cher

s34

4,51

3

344,

513

49

,325

49,3

25

39

3,83

8

393,

838

338,

345

33

8,34

5

P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

5,40

0

5,40

0

-

-

5,40

0

5,40

0

-

-

Sup

plie

s an

d M

ater

ials

500

500

-

-

500

500

-

-

Tota

l Alte

rnat

ive

Edu

catio

n P

rogr

am -

Inst

ruct

ion

-

35

0,41

3

350,

413

-

49,3

25

49

,325

-

39

9,73

8

399,

738

-

338,

345

33

8,34

5

Tota

l Ins

truct

ion

1,81

1,92

2

26

,963

,539

28,7

75,4

61

71

2,00

3

909,

675

1,

621,

678

2,52

3,92

5

27

,873

,214

30,3

97,1

39

2,

070,

884

26,7

44,0

03

28

,814

,887

co

ntin

ued

81

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Gen

eral

Fun

d

City

of P

leas

antv

ille S

choo

l Dis

trict

Com

bini

ng B

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Act

ual

Und

istri

bute

d E

xpen

ditu

res

- Ins

truct

ion:

Tuiti

on to

Oth

er L

EA

s w

ithin

the

Sta

te -

Reg

ular

-

-

213,

000

213,

000

213,

000

21

3,00

0

201,

337

20

1,33

7

Tuiti

on to

Oth

er L

EA

s w

ithin

the

Sta

te -

Spe

cial

175,

445

17

5,44

5

58,0

00

58

,000

233,

445

23

3,44

5

215,

150

21

5,15

0

Tuiti

on to

Cou

nty

Voc

Sch

ool D

istri

ct-R

egul

ar1,

275,

428

1,27

5,42

8

-

-

1,

275,

428

1,27

5,42

8

1,

275,

428

1,27

5,42

8

Tu

ition

to C

ount

y V

oc S

choo

l Dis

trict

-Spe

cial

99,5

00

99

,500

-

-

99,5

00

99

,500

99,5

00

99

,500

Tuiti

on to

CS

SD

& R

egio

nal D

ay S

choo

ls3,

646,

182

3,64

6,18

2

(1

,076

,000

)

(1

,076

,000

)

2,

570,

182

2,57

0,18

2

2,

566,

198

2,56

6,19

8

Tu

ition

to P

rivat

e S

choo

ls fo

r the

Dis

able

d- W

ithin

Sta

te18

0,91

9

180,

919

13

4,00

0

13

4,00

0

31

4,91

9

314,

919

27

0,06

7

270,

067

Tu

ition

- S

tate

Fac

ilitie

s71

6,42

9

716,

429

(3

3,00

0)

(3

3,00

0)

68

3,42

9

683,

429

66

7,83

2

667,

832

Tu

ition

- O

ther

38,7

21

38

,721

19,4

60

19

,460

58,1

81

58

,181

58,1

81

58

,181

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Ins

truct

ion

6,13

2,62

4

-

6,13

2,62

4

(6

84,5

40)

-

(684

,540

)

5,44

8,08

4

-

5,44

8,08

4

5,

353,

693

-

5,

353,

693

Und

istri

bute

d E

xpen

ditu

res

- Atte

ndan

ce a

nd S

ocia

l Wor

k:S

alar

ies

211,

025

11

4,93

8

325,

963

(1

6,49

0)

11

0,66

0

94

,170

194,

535

22

5,59

8

420,

133

19

4,37

4

221,

927

41

6,30

1

Sal

arie

s of

Fam

ily L

iais

ons

/ Com

m P

aren

t Inv

. Spe

c.39

9,01

9

399,

019

(2

4,95

0)

(2

4,95

0)

37

4,06

9

374,

069

33

7,35

3

337,

353

P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

-

2,

500

2,

500

-

-

-

-

2,

500

2,

500

-

88

88

Oth

er P

urch

ased

Ser

vice

s-

8,60

0

8,60

0

116,

000

-

11

6,00

0

11

6,00

0

8,60

0

124,

600

11

6,00

0

964

116,

964

S

uppl

ies

and

Mat

eria

ls29

,475

7,79

9

37,2

74

(3

,500

)

-

(3

,500

)

25,9

75

7,

799

33

,774

25,9

06

3,

948

29

,854

Oth

er O

bjec

ts-

3,10

0

3,10

0

-

-

-

-

3,10

0

3,10

0

-

90

0

90

0

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Atte

ndan

ce a

nd S

ocia

l Wor

k24

0,50

0

535,

956

77

6,45

6

96,0

10

85

,710

181,

720

336,

510

62

1,66

6

958,

176

33

6,28

0

565,

180

90

1,46

0

Und

istri

bute

d E

xpen

ditu

res

- Hea

lth S

ervi

ces:

Sal

arie

s-

491,

415

49

1,41

5

-

37

,834

37,8

34

-

529,

249

52

9,24

9

-

47

9,24

1

479,

241

P

urch

ased

Pro

fess

iona

l and

Tec

hnic

al S

ervi

ces

57,0

00

2,

400

59

,400

9,00

0

-

9,

000

66

,000

2,40

0

68,4

00

66

,000

-

66

,000

Oth

er P

urch

ased

Ser

vice

s2,

500

60

0

3,

100

(1

,500

)

-

(1

,500

)

1,00

0

600

1,60

0

658

-

65

8

S

uppl

ies

and

Mat

eria

ls5,

000

30

,838

35,8

38

-

(3,2

00)

(3

,200

)

5,00

0

27,6

38

32

,638

168

16,6

16

16

,784

Oth

er O

bjec

ts1,

000

44

3

1,

443

-

-

-

1,00

0

443

1,44

3

620

-

62

0

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Hea

lth S

ervi

ces

65,5

00

52

5,69

6

591,

196

7,

500

34

,634

42,1

34

73

,000

560,

330

63

3,33

0

67,4

46

49

5,85

7

563,

303

Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Rel

ated

Ser

vice

s:S

alar

ies

432,

267

43

2,26

7

(75,

338)

(75,

338)

356,

929

35

6,92

9

355,

713

35

5,71

3

Pur

chas

ed P

rofe

ssio

nal E

duca

tiona

l Ser

vice

s93

,675

93,6

75

46

,775

46,7

75

14

0,45

0

140,

450

13

6,37

0

136,

370

S

uppl

ies

and

Mat

eria

ls5,

000

5,

000

-

-

5,

000

5,

000

4,

244

4,

244

O

ther

Obj

ects

2,50

0

2,50

0

(2,5

00)

(2

,500

)

-

-

-

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Rel

ated

Ser

vice

s53

3,44

2

-

53

3,44

2

(31,

063)

-

(3

1,06

3)

50

2,37

9

-

50

2,37

9

496,

327

-

496,

327

Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Spe

cial

Sal

arie

s54

2,53

2

542,

532

(9

3,57

4)

(9

3,57

4)

44

8,95

8

448,

958

44

7,77

5

447,

775

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Spe

cial

542,

532

-

54

2,53

2

(93,

574)

-

(93,

574)

448,

958

-

44

8,95

8

447,

775

-

44

7,77

5

cont

inue

d

82

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Gen

eral

Fun

d

City

of P

leas

antv

ille S

choo

l Dis

trict

Com

bini

ng B

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Act

ual

Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Reg

ular

Ser

vice

s:S

alar

ies

of O

ther

Pro

fess

iona

l Sta

ff83

4,83

0

834,

830

50

,605

50,6

05

88

5,43

5

885,

435

87

3,73

2

873,

732

S

alar

ies

of S

ecre

teria

l and

Cle

rical

Ass

ista

nts

66,3

79

66

,379

700

700

67,0

79

67

,079

66,8

50

66

,850

Oth

er S

alrie

s-

-

82

,538

82,5

38

82

,538

82,5

38

-

82,5

38

82

,538

Pur

chas

ed P

rofe

ssio

nal E

duca

tiona

l Ser

vice

s7,

000

7,

000

(7

,000

)

(7,0

00)

-

-

-

-

-

-

O

ther

Pur

chas

ed P

rofe

ssio

nal a

nd T

echn

ical

Ser

vice

s2,

500

2,

500

(2

,500

)

(2,5

00)

-

-

-

-

-

-

O

ther

Pur

chas

ed S

ervi

ces

-

14

,300

14,3

00

-

(6,8

68)

(6

,868

)

-

7,

432

7,

432

-

2,96

2

2,96

2

Sup

plie

s an

d M

ater

ials

38,1

25

38

,125

(6,2

80)

(6

,280

)

-

31

,845

31,8

45

26

,433

26,4

33

O

ther

Obj

ects

4,40

0

4,40

0

-

(5

71)

(571

)

3,

829

3,

829

3,

613

3,

613

To

tal U

ndis

tribu

ted

Exp

endi

ture

s - O

ther

Sup

port

Ser

vice

s -

Stu

dent

s - R

egul

ar S

ervi

ces

-

96

7,53

4

967,

534

-

110,

624

110,

624

-

1,

078,

158

1,07

8,15

8

-

1,05

6,12

8

1,

056,

128

Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Spe

cial

Sal

arie

s of

Oth

er P

rofe

ssio

nal S

taff

1,01

2,03

5

1,

012,

035

142,

031

142,

031

1,15

4,06

6

1,

154,

066

1,14

9,52

8

1,

149,

528

Sal

arie

s of

Sec

reta

rial a

nd C

leric

al A

ssis

tant

s21

0,96

0

210,

960

-

-

21

0,96

0

210,

960

20

6,93

4

206,

934

P

urch

ased

Pro

fess

iona

l Edu

catio

nal S

ervi

ces

81,6

42

81

,642

25,7

26

25

,726

107,

368

10

7,36

8

97,7

68

97

,768

Mis

cella

neou

s P

urch

ased

Ser

vice

s23

,243

23,2

43

(1

4,00

0)

(1

4,00

0)

9,

243

9,

243

5,

056

5,

056

S

uppl

ies

and

Mat

eria

ls25

,000

25,0

00

15

,000

15,0

00

40

,000

40,0

00

34

,660

34,6

60

O

ther

Obj

ects

6,00

0

6,00

0

(6,0

00)

(6

,000

)

-

-

-

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Oth

er S

uppo

rt S

ervi

ces

-S

tude

nts

- Spe

cial

1,35

8,88

0

-

1,35

8,88

0

16

2,75

7

-

162,

757

1,52

1,63

7

-

1,52

1,63

7

1,

493,

946

-

1,

493,

946

Und

istri

bute

d E

xpen

ditu

res

- Im

prov

emen

t of I

nstru

ctio

n S

ervi

ces:

Sal

arie

s of

Sup

ervi

sors

of I

nstru

ctio

n58

9,53

8

-

58

9,53

8

(53,

538)

-

(5

3,53

8)

53

6,00

0

-

53

6,00

0

535,

898

-

535,

898

S

alar

ies

of O

ther

Pro

fess

iona

l Sta

ff70

,325

-

70

,325

8,22

0

-

8,

220

78

,545

-

78

,545

78,5

09

-

78,5

09

S

alar

ies

of S

ecre

teria

l and

Cle

rical

Ass

ista

nts

98,0

35

-

98,0

35

38

,300

-

38

,300

136,

335

-

136,

335

13

6,19

7

-

13

6,19

7

Sal

arie

s of

Fac

ilita

tors

, Mat

h &

Lite

racy

Coa

ches

38,4

00

38

,400

(30,

000)

(30,

000)

8,40

0

8,40

0

2,02

5

2,02

5

Pur

chas

ed P

rofe

ssio

nal E

duca

tiona

l Ser

vice

s6,

300

-

6,30

0

-

-

-

6,

300

-

6,30

0

6,12

0

-

6,

120

O

ther

Pur

chas

ed S

ervi

ces

25,0

00

-

25,0

00

36

,882

-

36

,882

61,8

82

-

61,8

82

61

,882

-

61

,882

Sup

plie

s an

d M

ater

ials

-

-

-

24

,578

-

24

,578

24,5

78

-

24,5

78

23

,799

-

23

,799

Oth

er O

bjec

ts-

-

-

800

-

80

0

80

0

-

800

800

-

80

0

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Im

prov

. of I

nstr.

Ser

vice

s78

9,19

8

38,4

00

82

7,59

8

55,2

42

(3

0,00

0)

25

,242

844,

440

8,

400

85

2,84

0

843,

205

2,

025

84

5,23

0

Und

istri

bute

d E

xpen

ditu

res

- Edu

catio

nal M

edia

Ser

vice

s - S

choo

l Lib

rary

Sal

arie

s-

294,

231

29

4,23

1

-

34

6,99

9

34

6,99

9

-

641,

230

64

1,23

0

-

63

3,67

7

633,

677

S

alar

ies

of T

echn

olog

y C

oord

inat

ors

228,

741

22

8,74

1

-

(2

28,7

41)

(2

28,7

41)

-

-

-

-

-

Pur

chas

ed P

rofe

ssio

nal a

nd T

echn

ical

Ser

vice

s-

36,1

68

36

,168

-

(1

0,66

8)

(1

0,66

8)

-

25,5

00

25

,500

-

84

84

O

ther

Pur

chas

ed S

ervi

ces

-

9,

600

9,

600

-

(2,6

00)

(2

,600

)

-

7,

000

7,

000

-

204

204

Sup

plie

s an

d M

ater

ials

-

10

2,55

0

102,

550

-

(3,2

94)

(3

,294

)

-

99

,256

99,2

56

-

93,4

91

93

,491

Oth

er O

bjec

ts-

2,78

0

2,78

0

-

-

-

-

2,78

0

2,78

0

-

1,

472

1,

472

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Edu

catio

nal M

edia

Ser

vice

s -

Sch

ool L

ibra

ry-

674,

070

67

4,07

0

-

10

1,69

6

10

1,69

6

-

775,

766

77

5,76

6

-

72

8,92

8

728,

928

In

stru

ctio

nal S

taff

Trai

ning

Ser

vice

s:

O

ther

pur

chas

ed s

ervi

ces

-

2,

041

2,

041

-

894

894

-

2,

935

2,

935

-

812

812

Sup

plie

s an

d m

ater

ials

-

2,

077

2,

077

-

-

-

-

2,

077

2,

077

-

186

186

Oth

er O

bjec

ts50

0

50

0

-

-

50

0

50

0

41

5

41

5

T

otal

Inst

ruct

iona

l Sta

ff Tr

aini

ng S

ervi

ces

-

4,

618

4,

618

-

894

894

-

5,

512

5,

512

-

1,41

3

1,41

3

cont

inue

d

83

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Gen

eral

Fun

d

City

of P

leas

antv

ille S

choo

l Dis

trict

Com

bini

ng B

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Act

ual

Und

istri

bute

d E

xpen

ditu

res

- Sup

port

Ser

vice

s - G

en. A

dmin

.:S

alar

ies

530,

035

53

0,03

5

14,5

00

14

,500

544,

535

54

4,53

5

520,

445

52

0,44

5

Lega

l Ser

vice

s20

0,00

0

200,

000

20

0,00

0

20

0,00

0

40

0,00

0

400,

000

33

5,70

0

335,

700

A

udit

Ser

vice

s76

,995

76,9

95

(5

,000

)

(5,0

00)

71,9

95

71

,995

71,9

95

71

,995

Arc

hite

ctur

al/E

ngin

eerin

g S

ervi

ces

-

-

62,1

00

62

,100

62,1

00

62

,100

62,0

53

62

,053

Oth

er P

urch

ased

Pro

fess

iona

l Ser

vice

s50

,000

50,0

00

-

-

50

,000

50,0

00

36

,244

36,2

44

P

urch

ased

Tec

hnic

al S

ervi

ces

35,0

00

35

,000

(8,9

78)

(8

,978

)

26,0

22

26

,022

13,3

20

13

,320

Com

mun

icat

ions

/Tel

epho

ne23

5,00

0

235,

000

50

,000

50,0

00

28

5,00

0

285,

000

27

5,80

6

275,

806

B

OE

Oth

er P

urch

ased

Ser

vice

s5,

150

5,

150

-

-

5,

150

5,

150

2,

666

2,

666

O

ther

Pur

chas

ed S

ervi

ces

95,0

00

95

,000

(3,0

00)

(3

,000

)

92,0

00

92

,000

84,6

18

84

,618

Sup

plie

s an

d M

ater

ials

20,2

76

20

,276

-

-

20,2

76

20

,276

18,0

91

18

,091

BO

E In

-Hou

se T

rain

ing

1,00

0

1,00

0

(1,0

00)

(1

,000

)

-

-

-

-

Judg

emen

ts a

gain

st th

e S

choo

l Dis

trict

200,

000

20

0,00

0

89,0

00

89

,000

289,

000

28

9,00

0

368,

230

36

8,23

0

Mis

cella

neou

s E

xpen

ditu

res

2,00

0

2,00

0

1,85

0

1,85

0

3,85

0

3,85

0

3,50

5

3,50

5

BO

E M

embe

rshi

p D

ues

and

Fees

35,0

00

35

,000

(850

)

(8

50)

34,1

50

34

,150

32,6

76

32

,676

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Sup

port

Ser

vice

s - G

en. A

dmin

.1,

485,

456

-

1,

485,

456

398,

622

-

39

8,62

2

1,

884,

078

-

1,

884,

078

1,82

5,34

9

-

1,82

5,34

9

Und

istri

bute

d E

xpen

ditu

res

- Sup

port

Ser

v. -

Sch

ool A

dmin

.:S

alar

ies

of P

rinci

pals

/Ass

ista

nt P

rinci

pals

1,43

0,15

0

1,

430,

150

186,

141

186,

141

-

1,

616,

291

1,61

6,29

1

1,

535,

836

1,53

5,83

6

S

alar

ies

of S

ecre

taria

l and

Cle

rical

Ass

ista

nts

-

68

0,15

6

680,

156

-

88,6

90

88

,690

-

76

8,84

6

768,

846

-

754,

567

75

4,56

7

Oth

er S

alar

ies

20,0

00

20

,000

830

830

-

20

,830

20,8

30

20

,830

20,8

30

O

ther

Pur

chas

ed S

ervi

ces

68,3

67

68

,367

8,93

0

8,93

0

-

77

,297

77,2

97

65

,216

65,2

16

S

uppl

ies

and

Mat

eria

ls-

140,

554

14

0,55

4

-

11

,015

11,0

15

-

151,

569

15

1,56

9

-

14

2,00

0

142,

000

O

ther

Obj

ects

13,2

28

13

,228

2,40

0

2,40

0

-

15

,628

15,6

28

14

,124

14,1

24

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Sup

port

Ser

v. -

Sch

ool A

dmin

.-

2,35

2,45

5

2,

352,

455

-

29

8,00

6

29

8,00

6

-

2,65

0,46

1

2,

650,

461

-

2,

532,

573

2,53

2,57

3

Und

istri

bute

d E

xpen

ditu

res

- Cen

tral S

eriv

ices

Sal

arie

s85

6,97

4

856,

974

11

6,21

0

11

6,21

0

973,

184

97

3,18

4

971,

866

97

1,86

6

Pur

chas

ed P

rofe

ssio

nal a

nd T

echn

ical

Ser

vice

s65

,000

65,0

00

(1

6,76

2)

(1

6,76

2)

48

,238

48,2

38

47

,582

47,5

82

M

isce

llane

ous

Pur

chas

ed S

ervi

ces

19,4

51

19

,451

150,

000

150,

000

16

9,45

1

169,

451

14

6,81

6

146,

816

S

uppl

ies

and

Mat

eria

ls35

,000

35,0

00

(5

,000

)

(5,0

00)

30,0

00

30

,000

24,7

53

24

,753

Inte

rst o

n Le

ase

Pur

chas

e A

gree

men

ts32

,491

32,4

91

-

-

32

,491

32,4

91

32

,491

32,4

91

M

isce

llane

ous

BO

E E

xpen

se40

,000

40,0

00

(1

2,80

0)

(1

2,80

0)

27

,200

27,2

00

26

,593

26,5

93

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Cen

tral S

ervi

ces

1,04

8,91

6

-

1,04

8,91

6

23

1,64

8

-

23

1,64

8

1,28

0,56

4

-

1,28

0,56

4

1,

250,

101

-

1,

250,

101

Und

istri

bute

d E

xpen

ditu

res

- Adm

initr

ativ

e In

fo T

echn

olog

yS

alar

ies

608,

884

60

8,88

4

7,10

2

7,10

2

615,

986

61

5,98

6

615,

982

61

5,98

2

Oth

er P

urch

ased

Ser

vice

s2,

398

2,

398

-

-

2,

398

2,

398

2,

398

2,

398

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Adm

inis

trativ

e In

foTe

chno

logy

611,

282

-

611,

282

7,

102

-

7,10

2

618,

384

-

618,

384

61

8,38

0

-

61

8,38

0

Und

istri

bute

d E

xpen

ditu

res

- Req

uire

d M

aint

enan

ce fo

r Sch

ool F

acili

tes

Sal

arie

s58

7,17

6

587,

176

19

2,05

0

19

2,05

0

77

9,22

6

779,

226

73

6,51

1

736,

511

C

lean

ing

Rep

airs

and

Mai

nten

ance

Ser

vice

s63

2,91

6

632,

916

36

5,07

9

36

5,07

9

99

7,99

5

997,

995

97

5,48

2

975,

482

G

ener

al S

uppl

ies

165,

203

16

5,20

3

48,9

73

48

,973

214,

176

21

4,17

6

196,

841

19

6,84

1

Oth

er O

bjec

ts5,

000

5,

000

(5

,000

)

(5,0

00)

-

-

-

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Req

uire

d M

aint

enan

ce fo

rS

choo

l Fac

ilitie

s1,

390,

295

-

1,

390,

295

601,

102

-

60

1,10

2

1,

991,

397

-

1,

991,

397

1,90

8,83

4

-

1,90

8,83

4

cont

inue

d

84

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Gen

eral

Fun

d

City

of P

leas

antv

ille S

choo

l Dis

trict

Com

bini

ng B

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Act

ual

Und

istri

bute

d E

xpen

ditu

res

- Ope

ratio

n an

d M

aint

enan

ceof

Pla

nt S

ervi

ces:

Sal

arie

s1,

568,

008

1,14

9,54

8

2,

717,

556

69,0

10

65

,357

134,

367

1,63

7,01

8

1,

214,

905

2,85

1,92

3

1,

617,

183

1,18

8,57

7

2,

805,

760

Pur

chas

ed P

rofe

ssio

nal T

echn

ical

Ser

vice

s50

,000

50,0

00

20

,000

20,0

00

70

,000

70,0

00

58

,775

58,7

75

C

lean

ing,

Rep

air a

nd M

aint

enan

ce S

ervi

ces

385,

000

50

0

38

5,50

0

(114

,800

)

-

(1

14,8

00)

27

0,20

0

500

270,

700

24

3,06

5

113

243,

178

R

enta

l of L

and

& B

uild

ings

Oth

er th

an L

ease

Pur

chas

e10

,800

10,8

00

-

-

10

,800

10,8

00

8,

280

8,

280

O

ther

Pur

chas

ed P

rope

rty S

ervi

ces

185,

000

18

5,00

0

60,0

00

60

,000

245,

000

24

5,00

0

234,

763

23

4,76

3

Insu

ranc

e71

2,76

0

712,

760

(9

1,82

7)

(9

1,82

7)

62

0,93

3

620,

933

58

0,58

5

580,

585

M

isce

llane

ous

Pur

chas

ed S

ervi

ces

66,2

00

9,

195

75

,395

564,

800

(2,5

00)

56

2,30

0

63

1,00

0

6,69

5

637,

695

62

5,58

0

-

62

5,58

0

Gen

eral

Sup

plie

s33

4,10

8

9,92

5

344,

033

81

,795

(1,3

00)

80

,495

415,

903

8,

625

42

4,52

8

349,

382

1,

657

35

1,03

9

Ene

rgy

(Hea

t and

Ele

ctric

ity)

1,81

3,20

0

1,

813,

200

(366

,878

)

(366

,878

)

1,44

6,32

2

1,

446,

322

1,01

0,24

9

1,

010,

249

Oth

er O

bjec

ts73

,200

73,2

00

(7

2,85

0)

(7

2,85

0)

35

0

35

0

35

0

35

0

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Ope

ratio

n an

d M

aint

enan

ceof

Pla

nt S

ervi

ces

5,19

8,27

6

1,

169,

168

6,36

7,44

4

14

9,25

0

61

,557

210,

807

5,34

7,52

6

1,

230,

725

6,57

8,25

1

4,

728,

212

1,19

0,34

7

5,

918,

559

Und

istri

bute

d E

xpen

ditu

res

- Car

e an

d U

pkee

p of

Gro

unds

Sal

arie

s93

,311

93,3

11

-

-

93

,311

93,3

11

85

,734

85,7

34

P

urch

ased

Pro

fess

iona

l Tec

hnic

al S

ervi

ces

19,0

00

19

,000

(19,

000)

(19,

000)

-

-

-

-

Cle

anin

g R

epai

rs a

nd M

aint

enan

ce S

ervi

ces

8,50

0

8,50

0

(8,5

00)

(8

,500

)

-

-

-

-

Gen

eral

Sup

plie

s7,

500

7,

500

(7

,500

)

(7,5

00)

-

-

-

-

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Car

e an

d U

pkee

p of

G

roun

ds12

8,31

1

-

12

8,31

1

(35,

000)

-

(3

5,00

0)

93

,311

-

93

,311

85,7

34

-

85,7

34

Und

istri

bute

d E

xpen

ditu

res

- Sec

urity

Rep

airs

and

Mai

nten

ance

Ser

vice

s80

,900

80,9

00

(7

2,93

9)

(7

2,93

9)

7,

961

7,

961

7,

961

7,

961

G

ener

al S

uppl

ies

48,0

00

48

,000

(35,

763)

(35,

763)

12,2

37

12

,237

12,1

93

12

,193

Oth

er O

bjec

ts30

0,00

0

300,

000

(1

44,7

98)

(1

44,7

98)

15

5,20

2

155,

202

15

3,64

0

153,

640

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Sec

urity

428,

900

-

428,

900

(2

53,5

00)

-

(253

,500

)

175,

400

-

175,

400

17

3,79

4

-

17

3,79

4

Und

istri

bute

d E

xpen

ditu

res

- Stu

dent

Tra

nspo

rtatio

n S

ervi

ces:

Sal

arie

s of

Non

-Inst

ruct

iona

l Aid

es-

-

-

-

-

-

-

-

S

alar

ies

for P

upil

Tran

spor

tatio

n (B

etw

een

Hom

e an

d S

choo

l)-R

eg99

1,86

1

991,

861

(3

33,4

40)

(3

33,4

40)

65

8,42

1

658,

421

64

8,33

0

648,

330

C

lean

ing,

Rep

air,

& M

aint

enan

ce S

ervi

ces

65,6

25

65

,625

30,0

00

30

,000

95,6

25

95

,625

95,5

24

95

,524

Ren

tal P

aym

ents

- S

choo

l Bus

es33

,000

33,0

00

-

-

33

,000

33,0

00

10

,780

10,7

80

O

ther

Pur

chse

d P

rofe

ssio

nal T

echn

ical

Ser

vice

s8,

200

8,

200

-

-

8,

200

8,

200

7,

685

7,

685

Tr

ansp

orta

tion

Pur

chas

ed S

ervi

ces

-

-

12,0

00

12

,000

12,0

00

12

,000

5,63

7

5,63

7

Con

tract

ed S

ervi

ces

- (B

etw

een

Hom

e an

d S

choo

l) - V

endo

rs73

7,52

3

737,

523

(5

0,00

0)

(5

0,00

0)

68

7,52

3

687,

523

55

3,80

6

553,

806

C

ontra

cted

Ser

vice

s - (

Oth

er th

an B

etw

een

Hom

e an

d

Sch

ool)

- Ven

dors

-

18

6,85

0

186,

850

-

(7,4

99)

(7

,499

)

-

17

9,35

1

179,

351

-

138,

367

13

8,36

7

Con

tract

ed S

ervi

ces

(Spe

cial

Ed

Stu

dent

s) -

Join

t Agm

nts

358,

827

35

8,82

7

(269

,345

)

(269

,345

)

89,4

82

89

,482

89,4

82

89

,482

Con

tract

ed S

ervi

ces

- Aid

in L

ieu

of P

aym

ents

35,0

00

35

,000

-

-

35,0

00

35

,000

678

678

Con

tract

ed S

ervi

ces

- Aid

in L

ieu

of P

aym

ents

- N

on P

ublic

Sch

ools

60,0

00

60

,000

-

-

60,0

00

60

,000

45,5

21

45

,521

Tran

spor

tatio

n S

uppl

ies

85,2

00

85

,200

32,0

00

32

,000

117,

200

11

7,20

0

100,

789

10

0,78

9

Sup

plie

s an

d M

ater

ials

15,2

90

15

,290

-

-

15,2

90

15

,290

7,74

2

7,74

2

Mis

cella

neou

s E

xpen

ditu

res

390

-

39

0

1,

500

-

1,50

0

1,89

0

-

1,

890

1,

095

-

1,09

5

Tota

l Und

istri

bute

d E

xpen

ditu

res

- Stu

dent

Tra

nspo

rtatio

n S

erv.

2,39

0,91

6

18

6,85

0

2,57

7,76

6

(5

77,2

85)

(7

,499

)

(5

84,7

84)

1,

813,

631

179,

351

1,

992,

982

1,56

7,06

9

13

8,36

7

1,70

5,43

6

cont

inue

d

85

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Gen

eral

Fun

d

City

of P

leas

antv

ille S

choo

l Dis

trict

Com

bini

ng B

udge

tary

Com

paris

on S

ched

ule

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Act

ual

Una

lloca

ted

Ben

efits

:S

ocia

l Sec

urity

Con

tribu

tions

333,

841

28

5,73

0

619,

571

38

5,02

2

-

385,

022

718,

863

28

5,73

0

1,00

4,59

3

64

8,68

7

285,

730

93

4,41

7

Oth

er R

etire

men

t Con

tribu

tions

- R

egul

ar62

6,85

3

404,

252

1,

031,

105

(166

,490

)

(16,

694)

(183

,184

)

460,

363

38

7,55

8

847,

921

45

7,88

0

387,

558

84

5,43

8

Oth

er R

etire

men

t Con

tribu

tions

- E

RIP

-

-

6,70

0

6,70

0

6,70

0

6,70

0

6,51

0

6,51

0

Une

mpl

oym

ent C

ompe

nsat

ion

9,16

6

36,2

39

45

,405

-

-

-

9,

166

36

,239

45,4

05

9,

166

36

,239

45,4

05

W

orkm

en's

Com

pens

atio

n15

6,11

3

544,

573

70

0,68

6

240,

600

-

24

0,60

0

39

6,71

3

544,

573

94

1,28

6

639,

208

54

4,57

3

1,18

3,78

1

H

ealth

Ben

efits

2,17

5,79

0

7,

476,

285

9,65

2,07

5

62

9,58

8

(8

,982

)

620,

606

2,80

5,37

8

7,

467,

303

10,2

72,6

81

2,

306,

198

7,45

0,52

2

9,

756,

720

Tuiti

on R

eim

burs

emen

ts20

1,71

0

201,

710

-

-

20

1,71

0

201,

710

92

,115

92,1

15

O

ther

Em

ploy

ee B

enef

its55

,000

119,

998

17

4,99

8

15,7

90

(1

19,9

98)

(1

04,2

08)

70

,790

-

70

,790

66,9

04

-

66,9

04

Tota

l Una

lloca

ted

Ben

efits

3,55

8,47

3

8,

867,

077

12,4

25,5

50

1,

111,

210

(1

45,6

74)

96

5,53

6

4,

669,

683

8,72

1,40

3

13

,391

,086

4,22

6,66

8

8,

704,

622

12,9

31,2

90

On-

beha

lf TP

AF

Pen

sion

Con

tribu

tions

(non

-bud

gete

d)-

-

-

-

4,

182,

387

4,18

2,38

7

R

eim

burs

ed T

PA

F S

ocia

l Sec

urity

Con

tribu

tions

(non

-bud

gete

d)-

-

-

-

2,

291,

833

2,29

1,83

3

Tota

l On-

beha

lf C

ontri

butio

ns-

-

-

-

-

-

-

-

-

6,47

4,22

0

-

6,47

4,22

0

Tota

l Und

istri

bute

d E

xpen

ditu

res

25,9

03,5

01

15

,321

,824

41,2

25,3

25

1,

145,

481

509,

948

1,

655,

429

27,0

48,9

82

15

,831

,772

42,8

80,7

54

31

,897

,033

15,4

15,4

40

47

,312

,473

Tota

l Gen

eral

Cur

rent

Exp

ense

27,7

15,4

23

42

,285

,363

70,0

00,7

86

1,

857,

484

1,

419,

623

3,

277,

107

29

,572

,907

43,7

04,9

86

73

,277

,893

33,9

67,9

17

42

,159

,443

76,1

27,3

60

Equ

ipm

ent:

Und

istri

bute

d E

xpen

ditu

res:

Gra

des

1-5

75,0

00

75

,000

-

(3

9,84

7)

(3

9,84

7)

35

,153

35,1

53

1,

888

1,

888

G

rade

s 6-

832

,182

32,1

82

-

(12,

460)

(12,

460)

19,7

22

19

,722

-

-

Gra

des

9-12

75,0

00

75

,000

-

(7

5,00

0)

(7

5,00

0)

-

-

-

-

A

dmin

istra

tion

Info

Tec

hnol

ogy

-

25

,000

25,0

00

8,

114

(2

3,33

6)

(1

5,22

2)

8,

114

1,

664

9,

778

8,

114

66

3

8,

777

R

esou

rce

Roo

m3,

800

3,

800

(8

50)

(850

)

2,

950

2,

950

2,

347

2,

347

R

equi

red

Mai

nten

ance

of S

choo

l Fac

ilitie

s-

-

-

9,94

8

-

9,

948

9,

948

-

9,94

8

-

-

-

S

ecur

ity E

quip

men

t-

12,0

00

12

,000

-

(1

1,94

6)

(1

1,94

6)

-

54

54

-

-

-

Tota

l Equ

ipm

ent

-

22

2,98

2

222,

982

18

,062

(163

,439

)

(145

,377

)

18,0

62

59

,543

77,6

05

8,

114

4,

898

13

,012

Faci

litie

s A

cqui

sitio

n an

d C

onst

ruct

ion

Ser

vice

sC

onst

ruct

ion

Ser

vice

s-

-

72

,072

72,0

72

72

,072

72,0

72

72

,072

72,0

72

M

iddl

e S

choo

l Con

stru

ctio

n-

-

19

3,22

7

19

3,22

7

19

3,22

7

193,

227

19

3,22

7

193,

227

Tota

l Fac

ilitie

s A

cqui

sitio

n an

d C

onst

ruct

ion

Ser

vice

s-

-

-

265,

299

-

265,

299

26

5,29

9

-

26

5,29

9

265,

299

-

265,

299

To

tal C

apita

l Out

lay

-

22

2,98

2

222,

982

28

3,36

1

(1

63,4

39)

11

9,92

2

28

3,36

1

59,5

43

34

2,90

4

273,

413

4,

898

27

8,31

1

Spe

cial

Sch

ools

:A

dult

Edu

catio

n - L

ocal

Sal

arie

s-

-

9,

750

9,

750

9,

750

9,

750

9,

510

9,

510

Tota

l Eve

ning

Sch

ool f

or th

e Fo

reig

n B

orn

-

-

-

9,

750

-

9,75

0

9,75

0

-

9,

750

9,

510

-

9,51

0

Tota

l Spe

cial

Sch

ools

-

-

-

9,

750

-

9,75

0

9,75

0

-

9,

750

9,

510

-

9,51

0

Tran

sfer

of F

unds

to C

harte

r Sch

ools

6,35

0,86

5

6,

350,

865

(3,4

01,2

34)

(3,4

01,2

34)

2,94

9,63

1

2,

949,

631

2,89

9,60

2

2,

899,

602

Dis

trict

-Wid

e S

choo

l Bas

ed E

xpen

ditu

res

34,0

66,2

88

42

,508

,345

76,5

74,6

33

(1

,250

,639

)

1,

256,

184

5,

545

32

,815

,649

43,7

64,5

29

76

,580

,178

37,1

50,4

42

42

,164

,341

79,3

14,7

83

Exc

ess

(Def

icie

ncy)

of R

even

ues

Ove

r (U

nder

) Exp

endi

ture

s37

,755

,250

(42,

508,

345)

(4

,753

,095

)

1,

256,

184

(1,2

56,1

84)

-

39

,011

,434

(43,

764,

529)

(4

,753

,095

)

41

,199

,410

(42,

164,

341)

(9

64,9

31)

cont

inue

d

86

Exh

ibit

C-1

a

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Ope

ratin

g B

lend

edTo

tal

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

Res

ourc

eG

ener

alFu

ndR

esou

rce

Gen

eral

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Fund

11-

13 &

18Fu

nd 1

5Fu

ndFu

nd 1

1-13

&18

Fund

15

Fund

Gen

eral

Fun

d

City

of P

leas

antv

ille

Sch

ool D

istri

ctC

ombi

ning

Bud

geta

ry C

ompa

rison

Sch

edul

e

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Orig

inal

Bud

get

Bud

get T

rans

fers

Fina

l Bud

get

Actu

al

Oth

er F

inan

cing

Sou

rces

and

Use

s:A

djus

tmen

t to

prio

r yea

r rev

enue

(67,

324)

(67,

324)

Tran

sfer

to S

peci

al R

even

ue F

und

(147

,468

)

(147

,468

)

-

-

(147

,468

)

(147

,468

)

(147

,468

)

(147

,468

)

Incr

ease

in C

apita

l Res

erve

(5,0

00)

(5,0

00)

-

-

(5,0

00)

(5,0

00)

(5,0

00)

(5,0

00)

Incr

ease

in C

apita

l Res

erve

5,00

0

5,00

0

Incr

ease

in M

aint

enan

ce R

eser

ve-

-

(5

00,0

00)

(500

,000

)

(5

00,0

00)

(5

00,0

00)

(5

00,0

00)

(5

00,0

00)

In

crea

se in

Mai

nten

ance

Res

erve

-

-

-

-

-

-

500,

000

50

0,00

0

Ope

ratin

g Tr

ansf

er In

Ope

ratin

g Tr

ansf

er In

- C

ontri

butio

n to

Who

le S

choo

l Ref

orm

(41,

782,

682)

41

,782

,682

-

(1

,256

,184

)

1,25

6,18

4

-

(43,

038,

866)

43

,038

,866

-

(4

1,41

7,21

8)

41,4

17,2

18

-

Ope

ratin

g Tr

ansf

er In

- C

ontri

butio

n to

Who

le S

choo

l Ref

orm

- Fu

nd 2

069

2,29

9

692,

299

65

,063

65

,063

75

7,36

2

757,

362

72

9,49

5

729,

495

To

tal O

ther

Fin

anci

ng S

ourc

es(4

1,93

5,15

0)

42,4

74,9

81

53

9,83

1

(1,7

56,1

84)

1,

321,

247

(4

34,9

37)

(43,

691,

334)

43

,796

,228

104,

894

(4

1,63

2,01

0)

42,1

46,7

13

51

4,70

3

Exc

ess

(Def

icie

ncy)

of O

ther

Fin

anci

ng S

ourc

es O

ver (

Und

er)

Exp

endi

ture

s an

d O

ther

Fin

anci

ng (U

ses)

(4,1

79,9

00)

(33,

364)

(4,2

13,2

64)

(500

,000

)

65

,063

(4

34,9

37)

(4,6

79,9

00)

31,6

99

(4

,648

,201

)

(4

32,6

00)

(1

7,62

8)

(4

50,2

28)

Fund

Bal

ance

, Jul

y 1

6,12

9,22

5

33

,364

6,16

2,58

9

-

6,

129,

225

33,3

64

6,

162,

589

6,12

9,22

5

33

,364

6,16

2,58

9

Fund

Bal

ance

, Jun

e 30

1,94

9,32

5

-

1,94

9,32

5

(5

00,0

00)

65,0

63

(434

,937

)

1,

449,

325

65,0

63

1,

514,

388

5,69

6,62

5

15

,736

5,71

2,36

1

conc

lude

d

87

Exhibit C-1b

VarianceOriginal Budget Final Positive (Negative)Budget Transfers Budget Actual Final to Actual

REVENUES:Federal Sources:

American Education Jobs Fund 5,545 5,545 5,545 - - -

Total - Federal Sources - 5,545 5,545 5,545 -

Total Revenues - 5,545 5,545 5,545 - EXPENDITURES:

Current Expense:

Unallocated Benefits:Health Benefits 5,545 5,545 5,545 -

Total Unallocated Benefits - 5,545 5,545 5,545 -

Total Undistributed Expenditures - 5,545 5,545 5,545 -

Total Expenditures - 5,545 5,545 5,545 -

Excess (Deficiency) of Revenues Over (Under) Expenditures - - - - -

- - - - - Excess (Deficiency) of Revenues and Other Financing Sources

Over (Under) Expenditures and Other Financing Uses - - - - -

Fund Balances, July 1 - - - - -

Fund Balances, June 30 -$ - - - -

City of Pleasantville Board of EducationBudgetary Comparison Schedule

Education Jobs FundFor the Year Ended June 30, 2013

88

Exhibit C-2

Original Budget Final VarianceBudget Transfers Budget Actual Final to Actual

REVENUES:Local Sources:

Revenue from Local Sources 147,468$ 147,468 147,468 - -

Total - Local Sources 147,468 - 147,468 147,468 -

State Sources:Preschool Education Aid 7,439,722 7,439,722 7,169,336 (270,386) Other State Sources 92,814 92,814 - (92,814)

Total - State Sources 7,532,536 - 7,532,536 7,169,336 (363,200)

Federal Sources:Title I 1,135,832 250,614 1,386,446 1,057,804 (328,642) Title II 161,790 96,197 257,987 191,682 (66,305) Title III 109,365 91,138 200,503 103,182 (97,321) Perkins Vocational Technology 27,364 2,710 30,074 29,045 (1,029) Race to the Top 111 106,000 58,661 164,661 31,548 (133,113) 21st Century 425,000 162,284 587,284 408,641 (178,643) Passport to Success Truancy Grant 34,353 34,353 104,587 70,234 Fresh Fruits and Vegetables 112,781 112,781 107,300 (5,481) P.L. 91-230 (Adult Basic Education) 65,450 13,757 79,207 72,851 (6,356) Other Federal Sources 40,535 22,721 63,256 63,256 - I.D.E.A., Part B, Basic 825,602 106,212 931,814 930,879 (935) I.D.E.A., Preschool 26,307 26,307 26,307 -

Total - Federal Sources 2,896,938 977,735 3,874,673 3,127,082 (747,591)

Total Revenues 10,576,942 977,735 11,554,677 10,443,886 (1,110,791)


City of Pleasantville School DistrictBudgetary Comparison Schedule

Special Revenue Fund

EXPENDITURES:Instruction

Salaries of Teachers 2,678,704 (864,809) 1,813,895 1,616,224 197,671 Other Salaries for Instruction 985,570 35,030 1,020,600 930,871 89,729 Purchased Professional and Technical Services 34,856 34,856 34,118 738 Other Purchased Professional Services 1,600 1,600 - 1,600 Other Purchased Services (400-500 series) 10,000 154,331 164,331 126,955 37,376 Tuition 825,602 132,519 958,121 957,186 935 General Supplies 77,364 97,235 174,599 110,617 63,982 Other Objects 20,185 20,185 14,694 5,491

Total instruction 4,577,240 (389,053) 4,188,187 3,790,665 397,522

continued

89

Exhibit C-2



City of Pleasantville School DistrictBudgetary Comparison Schedule

Special Revenue Fund

EXPENDITURES (CONT'D):Support Services

Salaries of Supervisor of Instruction 259,457 446,314 705,771 462,839 242,932 Salaries of principles/assistant principles 121,571 7,200 128,771 127,844 927 Salaries of Secretarial and Clerical Assistant 90,328 90,328 67,766 22,562 Salaries of Nurse/Social Worker 259,541 7,198 266,739 233,457 33,282 Other Salaries 152,657 77,000 229,657 229,218 439 Salaries of Community Parent Involvement Specialists 54,579 54,579 54,049 530 Salaries of Master Teachers 171,173 18,000 189,173 188,331 842 Personal Services - Employee Benefits 1,287,067 84,554 1,371,621 1,350,695 20,926 Purchased Educ Svc-Contracted Pre-K 2,671,635 (53,142) 2,618,493 2,573,129 45,364 Purchased Professional - Educational Services 243,994 243,994 62,510 181,484 Other Purchased Professional Services 60,000 36,820 96,820 81,134 15,686 Cleaning, Repairs and Maintenance Servces 40,000 8,488 48,488 14,764 33,724 Contract Services- Transportation 75,315 75,315 75,315 - Contract Services- Field Trips 10,000 18,000 28,000 20,700 7,300 Travel 7,500 7,364 14,864 8,786 6,078 Other purchased Services (400-500 series) 123,099 123,099 74,321 48,778 Supplies & Materials 46,580 224,348 270,928 234,563 36,365 Other Objects 1,650 1,650 12,016 (10,366)

Total support services 5,307,403 1,250,887 6,558,290 5,871,437 686,853

Facilities acquisition and construction services:Instructional Equipment 29,929 29,929 2,129 27,800 Non Instructional Equipment 20,879 20,879 50,160 (29,281)

Total facilities acquisition and construction services - 50,808 50,808 52,289 (1,481)

Contribution to Charter School - -

Contribution to Whole School Reform 692 299 65 093 757 392 729 495 27 897Contribution to Whole School Reform 692,299 65,093 757,392 729,495 27,897

Total expenditures 10,576,942 977,735 11,554,677 10,443,886 1,110,791

Excess (Deficiency) of Revenues Over (Under) Expenditures -$ - - - -

concluded

90

Exhibit C-3

Note A - Explanation of Difference between Budgetary Inflows andOutflows and GAAP Revenues and Expenditures

General SpecialFund Revenue

Sources/inflows of resourcesActual amounts (budgetary basis) "revenue" from the budgetary

comparison schedule C-1; C-2 78,349,852$ 10,443,886

Difference - budget to GAAP:Grant accounting budgetary basis differs from GAAP in that encumbrances are recognized as expenditures, and the related revenue is recognized

Prior Year 19,663 Current Year (34,177)

Local contribution - Transfer to Grants and EntitlementsPreschool Education Aid (147,468)

State aid payment recognized for GAAP statements in thecurrent year, previously recognized for budgetary purposes. 6,211,699 690,189

State aid payment recognized for budgetary purposes, notrecognized for GAAP statements until the subsequent year. (6,126,121) (731,336)

f

Note to Required Supplementary InformationFor the Year Ended June 30, 2013

City of Pleasantville School DistrictRequired Supplementary Information

Budgetary Comparison Schedule

Total revenues as reported on the statement of revenues,expenditures and changes in fund balances -governmental funds B-2 78,435,430 10,240,757

Uses/outflows of resourcesActual amounts (budgetary basis) "total outflows" from the

budgetary comparison schedule C-1; C-2 79,314,783 10,443,886

Differences - budget to GAAP

Transfer to Whole School Reform (729,495)

Encumbrances for supplies and equipment ordered butnot received are reported in the year the order is placedfor budgetary purposes, but in the year the suppliesare received for financial reporting purposes

Prior Year 19,663 Current Year (34,177)

Total expenditures as reported on the statement of revenues,expenditures, and changes in fund balances -governmental funds B-2 79,314,783 9,699,877

91

Exhibit D-1

2013Operating Blended Total

Fund Resource General10 Fund 15 Fund

ASSETS:Cash and cash equivalents 1,083,924$ - 1,083,924 Accounts receivable:

Interfund 2,404,388 1,107,907 3,512,295 State 6,298,199 6,298,199 Federal 5,545 5,545 Other 112,152 112,152

Total Assets 9,904,208 1,107,907 11,012,115

LIABILITIES AND FUND BALANCES:Liabilities

Due to State of New Jersey 218,666 218,666 Loan Payable 3,011,184 3,011,184 Accounts payable 977,733 1,092,171 2,069,904

Total liabilities 4,207,583 1,092,171 5,299,754

Fund balances:Restricted for: Excess surplus 2,982,681 2,982,681 Excess surplus - designated for subsequent year's expenditures - - Committed to: Capital reserve account 515,001 515,001 Maintenance reserve account 500,000 500,000 Designated for subsequent years expend. - - Assigned to: Encumbrances 123,219 15,736 138,955 Designated for subsequent year's expenditures - Unrestricted Fund Balance 1,575,724 - 1,575,724

Total fund balances 5,696,625 15,736 5,712,361

Total liabilities and fund balances 9,904,208$ 1,107,907 11,012,115

City of Pleasantville School DistrictGeneral Fund

Combining Balance SheetJune 30, 2013

92

BLENDED RESOURCES FUND DETAIL STATEMENTS

The blended resources fund is used to account for the Federal, State and Localresources used to implement the Whole School Reform program.

Exhibit D-2

School - District Wide

Total Total% of Expenditures - Carryover -

Resource Total % of Total % of TotalAmount Resources Resources Resources

Resources

General Fund Contribution 42,973,774$ 41,401,482 1,572,292 General Fund Reserve for Encumbrances at June 30, 2012 33,363 33,363 -

43,007,137

Combined General Fund Contribution & State Resources 43,007,137 98.27% 41,434,845 1,572,292

Restricted Federal Resources:Title I, Part A of ESEA: Helping Disadvantaged Children 757,392 729,495 27,897

757,392 1.73% 729,495 27,897

Restricted Federal Resources Total 757,392 1.73% 729,495 27,897

Totals 43,764,529$ 100.00% 42,164,340 1,600,189

City of Pleasantville School DistrictBlended Resource Fund 15

Schedule of Expenditures Allocated by Resource Type - ActualFor the Year Ended June 30, 2013

93

Exhibit D-2a

School - Pleasantville High School



Resources

General Fund Contribution 11,666,387$ 11,650,515 15,872 General Fund Reserve for Encumbrances at June 30, 2012 5,028 5,028 -

11,671,415

Combined General Fund Contribution & State Resources 11,671,415 98.48% 11,655,543 15,872

Restricted Federal Resources:Title I, Part A of ESEA: Helping Disadvantaged Children 179,572 179,328 244 Title I, Part A of ESEA - June 30, 2010 Deferred Revenue -

179,572 1.52% 179,328 244

Restricted Federal Resources Total 179,572 1.52% 179,328 244

Totals 11,850,987$ 100.00% 11,834,871 16,116



94

Exhibit D-2b

School - Middle



Resources


9,466,872



147,444 1.53% 136,291 11,153


Totals 9,614,316$ 100.00% 8,887,063 727,253



95

Exhibit D-2c

School - North Main Street



Resources

General Fund Contribution 4,627,979$ 4,566,428 61,551 General Fund Reserve for Encumbrances at June 30, 2012 - - -

4,627,979



88,914 1.89% 87,731 1,183


Totals 4,716,893$ 100.00% 4,654,159 62,734



96

Exhibit D-2d

School - South Main Street



Resources


5,593,742



118,553 2.08% 117,302 1,251


Totals 5,712,295$ 100.00% 5,652,040 60,255



97

Exhibit D-2e

School - Washington Avenue



Resources


5,218,197



92,152 1.74% 88,370 3,782


Totals 5,310,349$ 100.00% 5,092,424 217,925



98

Exhibit D-2f

School - Leeds Avenue



Resources


6,428,932



130,757 1.99% 120,473 10,284


Totals 6,559,689$ 100% 6,043,784 515,905



99

Exhibit D-3

District-Wide


Regular Programs - Instruction:Salaries of Teachers:

Preschool/Kindergarten 1,149,596$ 171,915$ 1,321,511$ 1,254,495$ 67,016 Grades 1-5 7,932,769 (40,820) 7,891,949 7,734,752 157,197 Grades 6-8 3,734,731 198,214 3,932,945 3,898,782 34,163 Grades 9-12 4,189,738 518,188 4,707,926 4,707,926 -

Other Salaries for Instruction 536,733 (1,950) 534,783 522,316 12,467 Purchased Professional - Educational Services 18,750 (8,200) 10,550 8,050 2,500 Purchased Technical Servies 11,826 (10,000) 1,826 - 1,826 Other Purchased Services 154,344 (113,367) 40,977 20,279 20,698 General Supplies 885,078 (33,715) 851,363 756,612 94,751 Textbooks 261,221 (26,553) 234,668 213,196 21,472 Other Objects 80,964 16,223 97,187 88,532 8,655

Total Regular Programs 18,955,750 669,935 19,625,685 19,204,940 420,745

Learning and/or Language DisabilitiesSalaries of Teachers 1,185,673 88,500 1,274,173 1,157,243 116,930 Other Salaries for Instruction 243,432 83,408 326,840 295,929 30,911 Other Purchased Services 300 - 300 - 300 General Supplies 13,100 (1,200) 11,900 9,085 2,815 Textbooks 2,800 - 2,800 2,000 800

Total Learning and/or Language Disabilities 1,445,305 170,708 1,616,013 1,464,257 151,756

Resource Room/Resource CenterSalaries of Teachers 2,572,651 166,119 2,738,770 2,685,974 52,796 Other Salaries for Instruction 231 421 (21 000) 210 421 196 074 14 347


Statement of Blended Expenditures - Budget and ActualFor the Year Ended June 30, 2013

Other Salaries for Instruction 231,421 (21,000) 210,421 196,074 14,347 Other Purchased Services 900 2,950 3,850 2,950 900 General Supplies 21,250 (11,070) 10,180 6,942 3,238 Textbooks 4,500 (3,500) 1,000 1,000 - Other Objects 300 - 300 - 300

Total Resource Room/Resource Center 2,831,022 133,499 2,964,521 2,892,940 71,581

Preschool DisabilitiesSalaries of Teachers 56,620 149,374 205,994 205,937 57 Other Salaries for Instruction 67,141 (36,600) 30,541 23,919 6,622

Total Preschool Disabilities 123,761 112,774 236,535 229,856 6,679

Total Special Programs 4,400,088 416,981 4,817,069 4,587,053 230,016

Bilingual Education - Instruction:Salaries of Teachers 1,126,203 531 1,126,734 1,123,765 2,969 Other Salaries for Instruction 218,562 (8,500) 210,062 204,529 5,533 Purchased Professional - Educational Services 15,000 (15,000) - - - Other Purchased Services 500 - 500 - 500 General Supplies 20,770 - 20,770 9,678 11,092 Textbooks 2,000 - 2,000 - 2,000 Other Objects 600 (600) - - -

Total Bilingual Education - Instruction 1,383,635 (23,569) 1,360,066 1,337,972 22,094

continued

100

Exhibit D-3

District-Wide




School Sponsored Cocurricular Activities - Instruction:Salaries 193,361 1,782 195,143 189,075 6,068 Other Purchased Services 4,000 (3,460) 540 351 189 Supplies and Materials 46,050 (26,740) 19,310 17,116 2,194 Miscellaneous Expenditures - - - - - Other Objects 6,500 - 6,500 651 5,849

Total School Sponsored Cocurricular Activities - Instruction 249,911 (28,418) 221,493 207,193 14,300

School Sponsored Athletics - InstructionSalaries 310,712 63,100 373,812 373,636 176 Purchased Services 35,750 (1,000) 34,750 14,767 19,983 Supplies and Materials 39,845 (8,100) 31,745 24,945 6,800 Other Objects 300 - 300 - 300

Total School Sponsored Athletics - Instruction 386,607 54,000 440,607 413,348 27,259

Before/After School Programs - InstructionSalaries of Teachers 465,120 (17,667) 447,453 257,547 189,906 Other Salaries of Instruction 88,294 1,100 89,394 82,838 6,556 Salaries of Reading Specialists 6,210 (2,500) 3,710 - 3,710 Purchased Professional and Technical Services 11,421 (2,225) 9,196 5,641 3,555 Other Purchased Services 2,145 - 2,145 - 2,145 Supplies and Materials 27,353 (5,900) 21,453 4,216 17,237 Other Objects 4,700 (2,200) 2,500 2,500 -

Total Before/After School Programs - Instruction 605,243 (29,392) 575,851 352,742 223,109

Summer School - InstructionSalaries - - - - -Salaries Salaries of Teachers 452,768 (92,736) 360,032 292,090 67,942 Other Salaries of Instruction 95,261 (67,754) 27,507 10,320 17,187 Salaries of Teacher Tutors 1,800 (1,800) - - - Salaries of Reading Specialists 37,380 (23,052) 14,328 - 14,328 Purchased Professional and Technical Services 7,110 (5,745) 1,365 - 1,365 Other Purchased Services 1,491 - 1,491 - 1,491 General Supplies 32,582 (8,100) 24,482 - 24,482 Textbooks 500 - 500 - 500 Other Objects 3,000 - 3,000 - 3,000

Total Summer School - Instruction 631,892 (199,187) 432,705 302,410 130,295

Other Instructional Programs - InstructionOther Objects - - - - -

Total Other Instructional Programs - Instruction - - - - -

Alternative Education Program - InstructionSalaries of Teachers 344,513 49,325 393,838 338,345 55,493 Purchased Professional and Technical Services 5,400 - 5,400 - 5,400 Supplies and Materials 500 - 500 - 500

Total Alternative Education Program - Instruction 350,413 49,325 399,738 338,345 61,393

Total Instruction 26,963,539 909,675 27,873,214 26,744,003 1,129,211

continued

101

Exhibit D-3

District-Wide




Undistributed Expenditures - Attendance and Social Work:Salaries 114,938 110,660 225,598 221,927 3,671 Salaries of Family Liaisons / Comm Parent Inv. Spec. 399,019 (24,950) 374,069 337,353 36,716 Purchased Professional and Technical Services 2,500 - 2,500 88 2,412 Other Purchased Services 8,600 - 8,600 964 7,636 Supplies and Materials 7,799 - 7,799 3,948 3,851 Other Objects 3,100 - 3,100 900 2,200

Total Undistributed Expenditures - Attendance and Social Work 535,956 85,710 621,666 565,180 56,486

Undistributed Expenditures - Health Services:Salaries 491,415 37,834 529,249 479,241 50,008 Purchased Professional and Technical Services 2,400 - 2,400 - 2,400 Other Purchased Services 600 - 600 - 600 Supplies and Materials 30,838 (3,200) 27,638 16,616 11,022 Other Objects 443 - 443 - 443

Total Undistributed Expenditures - Health Services 525,696 34,634 560,330 495,857 64,473

Undistributed Expenditures - Other Support Services -Students - Regular Services:

Salaries - - - - - Salaries of Other Professional Staff 834,830 50,605 885,435 873,732 11,703 Salaries of Secreterial and Clerical Assistants 66,379 700 67,079 66,850 229 Other Salaries - 82,538 82,538 82,538 - Purchased Professional Educational Services 7,000 (7,000) - - - Other Purchased Professional and Technical Services 2,500 (2,500) - - - Other Purchased Services 14,300 (6,868) 7,432 2,962 4,470 Supplies and Materials 38,125 (6,280) 31,845 26,433 5,412 Other Objects 4 400 (571) 3 829 3 613 216Other Objects 4,400 (571) 3,829 3,613 216

Total Undistributed Expenditures - Other Support Services -Students - Regular Services 967,534 110,624 1,078,158 1,056,128 22,030

Undistributed Expenditures - Improvement of Instruction Services:Salaries of Facilitators, Math & Literacy Coaches 38,400 (30,000) 8,400 2,025 6,375

Total Undistributed Expenditures - Improv. of Instr. Services 38,400 (30,000) 8,400 2,025 6,375

Undistributed Expenditures - Educational Media Services - School LibrarySalaries 294,231 346,999 641,230 633,677 7,553 Salaries of Technology Coordinators 228,741 (228,741) - - - Purchased Professional and Technical Services 36,168 (10,668) 25,500 84 25,416 Other Purchased Services 9,600 (2,600) 7,000 204 6,796 Supplies and Materials 102,550 (3,294) 99,256 93,491 5,765 Other Objects 2,780 - 2,780 1,472 1,308

Total Undistributed Expenditures - Educational Media Services -School Library 674,070 101,696 775,766 728,928 46,838

Instructional Staff Training Services:Other purchased services 2,041 894 2,935 812 2,123 Supplies and materials 2,077 - 2,077 186 1,891 Other objects 500 - 500 415 85

Total Instructional Staff Training Services 4,618 894 5,512 1,413 4,099

Undistributed Expenditures - Support Serv. - School Admin.:Salaries of Principals/Assistant Principals 1,430,150 186,141 1,616,291 1,535,836 80,455 Salaries of Secretarial and Clerical Assistants 680,156 88,690 768,846 754,567 14,279

continued

102

Exhibit D-3

District-Wide




Other Salaries 20,000 830 20,830 20,830 - Other Purchased Services 68,367 8,930 77,297 65,216 12,081 Supplies and Materials 140,554 11,015 151,569 142,000 9,569 Other Objects 13,228 2,400 15,628 14,124 1,504

Total Undistributed Expenditures - Support Serv. - School Admin. 2,352,455 298,006 2,650,461 2,532,573 117,888

Undistributed Expenditures - Other Operation and Maintenanceof Plant Services:

Salaries 1,149,548 65,357 1,214,905 1,188,577 26,328 Purchased Professional and Technical Services 7,500 (2,500) 5,000 - 5,000 Cleaning, Repair and Maintenance Services 500 - 500 113 387 Other Purchased Services 1,695 - 1,695 - 1,695 General Supplies 9,925 (1,300) 8,625 1,657 6,968

Total Undistributed Expenditures - Other Operation and Maintenanceof Plant Services 1,169,168 61,557 1,230,725 1,190,347 40,378

Undistributed Expenditures - Student Transportation Services:Contracted Services - (Other than Between Home and School) - Vendors 186,850 (7,499) 179,351 138,367 40,984

Total Undistributed Expenditures - Student Transportation Serv. 186,850 (7,499) 179,351 138,367 40,984

Unallocated Benefits:Social Security Contributions 285,730 - 285,730 285,730 - Other Retirement Contributions - Regular 404,252 (16,694) 387,558 387,558 - Unemployment Compensation 36,239 - 36,239 36,239 - Workmen's Compensation 544,573 - 544,573 544,573 - Health Benefits 7 476 285 (8 982) 7 467 303 7 450 522 16 781Health Benefits 7,476,285 (8,982) 7,467,303 7,450,522 16,781 Other Employee Benefits 119,998 (119,998) - - -

Total Unallocated Benefits 8,867,077 (145,674) 8,721,403 8,704,622 16,781

Total Undistributed Expenditures 15,321,824 509,948 15,831,772 15,415,440 416,332

Total General Current Expense 42,285,363 1,419,623 43,704,986 42,159,443 1,545,543

continued

103

Exhibit D-3

District-Wide




Equipment:Undistributed Expenditures:

Grades 1-5 75,000 (39,847) 35,153 1,888 33,265 Grades 6-8 32,182 (12,460) 19,722 - 19,722 Grades 9-12 75,000 (75,000) - - - School Administration 25,000 (23,336) 1,664 663 1,001 Security 12,000 (11,946) 54 - 54 Resource Room 3,800 (850) 2,950 2,347 603

Total Equipment 222,982 (163,439) 59,543 4,898 54,645

Total Capital Outlay 222,982 (163,439) 59,543 4,898 54,645

District-Wide School Based Expenditures 42,508,345 1,256,184 43,764,529 42,164,341 1,600,188

Other Financing Sources:Operating Transfer In 42,474,981 1,256,184 43,731,165 42,146,713 1,584,452

Total Other Financing Sources 42,474,981 1,256,184 43,731,165 42,146,713 1,584,452

Excess (Deficiency) of Other Financing Sources Over (Under)Expenditures and Other Financing (Uses) (33,364) - (33,364) (17,628) (15,736)

Fund Balance, July 1 33,364 33,364 33,364 -

Fund Balance, June 30 -$ - - 15,736 (15,736)

concluded

104

Exhibit D-3a

School: High School



Grades 9-12 4,189,738$ 518,188 4,707,926 4,707,926 - Regular Programs - Undistributed Instruction:

Purchased Technical Services 10,000 (10,000) - - - Other Purchased Services 128,587 (113,367) 15,220 15,220 - General Supplies 275,000 (8,600) 266,400 260,436 5,964 Textbooks 100,000 (10,548) 89,452 89,443 9 Other Objects 75,514 (10,477) 65,037 65,032 5


Learning and/or Language DisabilitiesSalaries of Teachers 78,306 (2,000) 76,306 76,045 261 Other Salaries for Instruction 62,700 (62,700) - - -

Total Learning and/or Language Disabilities 141,006 (64,700) 76,306 76,045 261

Resource Room/Resource CenterSalaries of Teachers 788,651 (20,400) 768,251 768,179 72 Other Salaries for Instruction 145,915 (21,000) 124,915 124,435 480 Other Purchased Services 2,950 2,950 2,950 - General Supplies 7,500 (2,600) 4,900 4,821 79 Textbooks 3,500 (3,500) - - -

Total Resource Room/Resource Center 945,566 (44,550) 901,016 900,385 631

Total Special Programs 1,086,572 (109,250) 977,322 976,430 892

Bilingual Education - Instruction:Salaries of Teachers 344,278 (40,769) 303,509 303,508 1 Purchased Professional - Educational Services 15,000 (15,000) - - -



( )

Total Bilingual Education - Instruction 359,278 (55,769) 303,509 303,508 1

School Sponsored Cocurricular Activities - Instruction:Salaries 95,000 (5,285) 89,715 89,715 - Supplies and Materials 14,000 (9,840) 4,160 2,197 1,963


School Sponsored Athletics - InstructionSalaries 279,681 50,000 329,681 329,584 97 Purchased Services 15,000 (1,000) 14,000 13,067 933 Supplies and Materials 35,000 (8,100) 26,900 24,945 1,955


Before/After School Programs - InstructionSalaries 57,600 57,600 57,553 47 Other Purchased Services 6,295 (625) 5,670 5,641 29

Total Before/After School Programs - Instruction 6,295 56,975 63,270 63,194 76

continued

105

Exhibit D-3a

School: High School




Summer School - InstructionSalaries of Teachers 3,848 76,020 79,868 79,868 - Purchased Professional & Technical Services 2,900 (2,900) - - -

Total Summer School - Instruction 6,748 73,120 79,868 79,868 -

Alternative Education Program - InstructionSalaries of Teachers 258,163 23,625 281,788 281,649 139

Total Alternative Education Program - Instruction 258,163 23,625 281,788 281,649 139

Total Instruction 6,934,576 379,672 7,314,248 7,302,214 12,034

Undistributed Expenditures - Attendance and Social Work:Salaries 57,681 24,660 82,341 82,340 1 Salaries of Family Liaisons / Comm Parent Inv. Spec. 109,233 (7,000) 102,233 101,496 737

- Total Undistributed Expenditures - Attendance and Social Work 166,914 17,660 184,574 183,836 738

Undistributed Expenditures - Health Services:Salaries 56,135 62,834 118,969 118,893 76 Supplies and Materials 5,000 5,000 4,835 165

Total Undistributed Expenditures - Health Services 61,135 62,834 123,969 123,728 241


Salaries of Other Professional Staff 276,342 57,650 333,992 333,963 29 Salaries of Secreterial and Clerical Assistants 66,379 700 67,079 66,850 229 Other Salaries 82,538 82,538 82,538 - Purchased Professional Educational Services 5,500 (5,500) - - - Other Purchased Services 9,700 (6,868) 2,832 2,823 9 Supplies and Materials 20,625 20,625 20,523 102 Other Objects 1,165 (471) 694 598 96

Total Undistributed Expenditures - Other Support Services -Students - Regular Services 379,711 128,049 507,760 507,295 465

Undistributed Expenditures - Educational Media Services - School LibrarySalaries 120,598 17,810 138,408 138,404 4 Supplies and Materials 15,000 (894) 14,106 13,643 463

Total Undistributed Expenditures - Educational Media Services -School Library 135,598 16,916 152,514 152,047 467

Instructional Staff Training Services: Other purchased services 41 894 935 41 894

Total Instructional Staff Training Services 41 894 935 41 894

continued

106

Exhibit D-3a

School: High School




Undistributed Expenditures - Support Serv. - School Admin.:Salaries of Principals/Assistant Principals 457,855 5,400 463,255 463,228 27 Salaries of Secretarial and Clerical Assistants 114,042 80,690 194,732 194,730 2 Other Salaries 20,000 830 20,830 20,830 - Supplies and Materials 35,574 (2,825) 32,749 31,665 1,084 Other Objects 2,551 800 3,351 3,342 9

Total Undistributed Expenditures - Support Serv. - School Admin. 630,022 84,895 714,917 713,795 1,122

Undistributed Expenditures - Other Operation and Maintenanceof Plant Services:Salaries 500,032 61,552 561,584 561,583 1

Total Undistributed Expenditures - Other Operation and Maintenanceof Plant Services 500,032 61,552 561,584 561,583 1

Undistributed Expenditures - Student Transportation Services: School) - Vendors 30,000 7,501 37,501 37,348 153

Total Undistributed Expenditures - Student Transportation Serv. 30,000 7,501 37,501 37,348 153

Unallocated Benefits:Social Security Contributions 82,275 82,275 82,275 - Other Retirement Contributions - PERS 123,681 (16,694) 106,987 106,987 - Unemployment Compensation 9,437 9,437 9,437 - Workmen's Compensation 147,016 147,016 147,016 - Health Benefits 1,975,773 (69,167) 1,906,606 1,906,606 - Other Employee Benefits 30,833 (30,833) - - -

Total Unallocated Benefits 2,369,015 (116,694) 2,252,321 2,252,321 -


Total General Current Expense 11,207,044 643,279 11,850,323 11,834,208 16,115


Grades 9-12 75,000 (75,000) - - - School Administration 664 664 663 1

Total Equipment 75,000 (74,336) 664 663 1

Total Capital Outlay 75,000 (74,336) 664 663 1

District-Wide School Based Expenditures 11,282,044 568,943 11,850,987 11,834,871 16,116

Other Financing Sources:Operating Transfer In 11,277,016 568,943 11,845,959 11,835,611 16,116

Total Other Financing Sources 11,277,016 568,943 11,845,959 11,835,611 16,116

Excess (Deficiency) of Other Financing Sources Over (Under)Expenditures and Other Financing (Uses) (5,028) - (5,028) 740 -

Fund Balance, July 1 5,028 - 5,028 5,028

Fund Balance, June 30 -$ - - 5,768 -

concluded

107

Exhibit D-3b

School: Middle School


Regular Programs - Instruction:Grades 6-8 3,734,731 198,214 3,932,945 3,898,782 34,163

Other Salaries for InstructionPurchased Professional - Educational Services 6,550 1,000 7,550 6,800 750 Other Purchased Services 15,590 15,590 - 15,590 General Supplies 105,000 12,460 117,460 112,636 4,824 Textbooks 35,000 35,000 21,660 13,340 Other Objects 15,000 15,000 10,447 4,553


Learning and/or Language DisabilitiesSalaries of Teachers 341,635 341,635 237,804 103,831 Other Salaries for Instruction 30,976 2,400 33,376 30,314 3,062 Other Purchased Services 300 300 - 300 General Supplies 2,250 2,250 937 1,313 Textbooks 2,000 2,000 2,000 -

Total Learning and/or language Disabilities 377,161 2,400 379,561 271,055 108,506

Resource Room/Resource CenterSalaries of Teachers 784,873 (276) 784,597 737,424 47,173 Other Salaries for Instruction 43,633 43,633 30,002 13,631 Other Purchased Services 900 900 - 900 General Supplies 3,000 3,000 - 3,000 Textbooks 1,000 1,000 1,000 -

Total Resource Room/Resource Center 833,406 (276) 833,130 768,426 64,704



Total Special Programs 1,210,567 2,124 1,212,691 1,039,481 173,210

Bilingual Education - Instruction:Salaries of Teachers 263,624 9,250 272,874 271,790 1,084 Other Salaries for Instruction 28,520 26,300 54,820 54,353 467 Other Purchased Services 500 500 - 500 General Supplies 3,750 3,750 - 3,750 Textbooks 2,000 2,000 - 2,000

Total Bilingual Education - Instruction 298,394 35,550 333,944 326,143 7,801

School Sponsored Cocurricular Activities - Instruction:Salaries 29,376 29,376 27,648 1,728 Other Purchased Services - - - Supplies and Materials 14,550 14,550 14,550 - Miscellaneous Expenditures - - - Other Objects 5,000 5,000 242 4,758

Total School Sponsored Cocurricular Activities - Instruction 48,926 - 48,926 42,440 6,486

School Sponsored Athletics - InstructionSalaries 31,031 13,100 44,131 44,052 79 Purchased Services 19,250 19,250 1,700 17,550 Supplies and Materials 4,845 4,845 - 4,845 Other Objects 300 300 - 300


Before/After School Programs - InstructionSalaries of Teachers 256,500 (104,494) 152,006 29,228 122,778

continued

108

Exhibit D-3b





Other Salaries of Instruction 21,600 (21,600) - - - Salaries of Reading Specialists 3,600 (2,500) 1,100 - 1,100 Supplies and Materials 6,500 6,500 - 6,500 Other Objects 2,500 2,500 2,500 -


Summer School - InstructionSalaries of Teachers 148,950 (36,000) 112,950 45,008 67,942 Other Salaries of Instruction 11,055 - 11,055 - 11,055 Salaries of Reading Specialists 7,200 7,200 7,200 Supplies and Materials 4,500 4,500 - 4,500 Other Objects 3,000 3,000 3,000


Alternative Education Program - InstructionSalaries of Teachers 86,350 25,700 112,050 56,696 55,354 Other Salaries of Instruction 5,400 5,400 - 5,400 Supplies and Materials 500 500 - 500

Total Alternative Education Program - Instruction 92,250 25,700 117,950 56,696 61,254


Undistributed Expenditures - Attendance and Social Work:Salaries 86,000 86,000 83,998 2,002 Salaries of Family Liaisons / Comm Parent Inv. Spec. 60,457 (15,000) 45,457 43,324 2,133 Purchased Professional and Technical Services - - - Other Purchased Services 8 600 8 600 964 7 636Other Purchased Services 8,600 8,600 964 7,636 Supplies and Materials 4,500 4,500 3,239 1,261 Other Objects 1,000 1,000 900 100


Undistributed Expenditures - Health Services:Salaries 66,721 66,721 51,520 15,201 Purchased Professional and Technical Services 400 400 - 400 Supplies and Materials 5,941 5,941 1,894 4,047 Other Objects 300 300 - 300

Total Undistributed Expenditures - Health Services 73,362 - 73,362 53,414 19,948


Salaries of Other Professional Staff 263,890 (22,747) 241,143 237,987 3,156 Supplies and Materials 2,700 2,700 476 2,224 Other Objects 3,015 3,015 3,015 -

Total Undistributed Expenditures - Other Support Services -Students - Regular Services 269,605 (22,747) 246,858 241,478 5,380

Undistributed Expenditures - Improvement of Instruction Services:Salaries of Facilitators, Math & Literacy Coaches 38,400 (30,000) 8,400 2,025 6,375

Total Undistributed Expenditures - Improv. of Instr. Services 38,400 (30,000) 8,400 2,025 6,375

Undistributed Expenditures - Educational Media Services - School LibrarySalaries 202 97,361 97,563 95,961 1,602 Salaries of Technology Coordinators 58,563 (58,563) - - -

continued

109

Exhibit D-3b





Purchased Professional and Technical Services 12,000 (1,000) 11,000 - 11,000 Other Purchased Services 700 700 - 700 Supplies and Materials 17,500 17,500 16,241 1,259 Other Objects 580 580 - 580


Undistributed Expenditures - Support Serv. - School Admin.:Salaries of Principals/Assistant Principals 253,502 37,000 290,502 286,698 3,804 Salaries of Secretarial and Clerical Assistants 245,814 (59,000) 186,814 175,231 11,583 Purchased Professional and Technical Services - - - Other Purchased Services 24,702 24,702 24,701 1 Supplies and Materials 21,880 21,140 43,020 40,269 2,751 Other Objects 2,977 2,977 2,977 -

Total Undistributed Expenditures - Support Serv. - School Admin. 548,875 (860) 548,015 529,876 18,139

Undistributed Expenditures - Other Operation and Maintenanceof Plant Services:Salaries 280,877 1,200 282,077 262,954 19,123 Purchased Professional and Technical Services 5,000 5,000 - 5,000 Other Purchased Services - - - General Supplies 3,500 3,500 1,463 2,037

Total Undistributed Expenditures - Other Operation and Maintenanceof Plant Services 289,377 1,200 290,577 264,417 26,160

Undistributed Expenditures - Student Transportation Services:School) - Vendors 102 000 (15 000) 87 000 56 432 30 568 School) Vendors 102,000 (15,000) 87,000 56,432 30,568

Total Undistributed Expenditures - Student Transportation Serv. 102,000 (15,000) 87,000 56,432 30,568

Unallocated Benefits:Social Security Contributions 67,074 - 67,074 67,074 - Other Retirement Contributions - PERS 77,617 77,617 77,617 - Unemployment Compensation 7,975 7,975 7,975 - Workmen's Compensation 123,441 123,441 123,441 - Health Benefits 1,553,149 30,833 1,583,982 1,581,114 2,868 Other Employee Benefits 30,833 (30,833) -

Total Unallocated Benefits 1,860,089 - 1,860,089 1,857,221 2,868




Grades 6-8 32,182 (12,460) 19,722 - 19,722 School Admin. 25,000 (24,000) 1,000 - 1,000

Total Equipment 57,182 (36,460) 20,722 - 20,722

Total Capital Outlay 57,182 (36,460) 20,722 - 20,722



continued

110

Exhibit D-3b






Excess (Deficiency) of Other Financing Sources Over (Under)Expenditures and Other Financing (Uses) (17,375) - (17,375) (15,017) (2,358)

Fund Balance, July 1 17,375 17,375 17,375


concluded

111

Exhibit D-3c

School: North Main Street



Preschool/Kindergarten 284,750$ 12,375 297,125 296,393 732 Grades 1-5 1,456,047 86,500 1,542,547 1,542,434 113

Regular Programs - Undistributed Instruction:Other Salaries for Instruction 140,739 (3,450) 137,289 137,210 79 General Supplies 125,000 (55,209) 69,791 68,802 989 Textbooks 35,000 (16,005) 18,995 18,994 1 Other Objects 2,500 2,500 2,098 402


Learning and/or Language DisabilitiesSalaries of Teachers 58,390 58,390 56,689 1,701 Other Salaries for Instruction 15,108 15,108 14,077 1,031 General Supplies 4,150 (1,200) 2,950 2,947 3

Total Learning and/or Language Disabilities 62,540 13,908 76,448 73,713 2,735

Resource Room/Resource CenterSalaries of Teachers 398,884 39,495 438,379 438,378 1 General Supplies 8,000 (8,000) - - -

Total Resource Room/Resource Center 406,884 31,495 438,379 438,378 1

Preschool DisabilitiesSalaries of Teachers 56,620 149,374 205,994 205,937 57 Other Salaries for Instruction 67,141 (36,600) 30,541 23,919 6,622



Total Preschool Disabilities 123,761 112,774 236,535 229,856 6,679

Total Special Programs 593,185 158,177 751,362 741,947 9,415

Bilingual Education - Instruction:Other Salaries for Instruction 57,703 1,200 58,903 57,217 1,686

Total Bilingual Education - Instruction 57,703 1,200 58,903 57,217 1,686

School Sponsored Cocurricular Activities - Instruction:Salaries 15,552 15,552 12,096 3,456 Supplies and Materials 12,000 (12,000) - - -


School Sponsored Athletics - InstructionSalaries 1,500 1,500 - 1,500

Total School Sponsored Athletics - Instruction 1,500 - 1,500 - 1,500

Before/After School Programs - InstructionSalaries of Teachers 54,315 (12,195) 42,120 32,284 9,836 Other Salaries of Instruction 5,100 12,195 17,295 14,805 2,490 Salaries of Reading Specialists 2,610 2,610 - 2,610 Purchased Professional & Technical Services 1,606 (1,600) 6 - 6 Supplies & Materials 4,700 (4,700) - - - Other Objects 2,200 (2,200) - - -


continued

112

Exhibit D-3c





Summer School - InstructionSalaries of Teachers 40,320 1,005 41,325 41,325 - Other Salaries of Instruction 8,280 (5,490) 2,790 2,790 - Salaries of Reading Specialists - - -

Total Summer School - Instruction 48,600 (4,485) 44,115 44,115 -


Undistributed Expenditures - Attendance and Social Work:Salaries - - - Salaries of Family Liaisons / Comm Parent Inv Spec. 90,829 (19,000) 71,829 70,727 1,102

Total Undistributed Expenditures - Attendance and Social Work 90,829 (19,000) 71,829 70,727 1,102

Undistributed Expenditures - Health Services:Salaries 84,996 84,996 82,552 2,444 Supplies and Materials 6,000 (3,200) 2,800 2,770 30

Total Undistributed Expenditures - Health Services 90,996 (3,200) 87,796 85,322 2,474


Salaries of Other Professional Staff 86,728 3,714 90,442 87,947 2,495 Purchased Professional Educational Services 1,500 (1,500) - - - Supplies and Materials 4,500 (4,000) 500 483 17

Total Undistributed Expenditures - Other Support Services -Students - Regular Services 92,728 (1,786) 90,942 88,430 2,512

Undistributed Expenditures - Educational Media Services - School LibrarySalaries 84,132 84,132 81,713 2,419 Salaries of Technology Coordinators 84,132 (84,132) - - - Purchased Professional and Technical Services 6,018 (5,768) 250 - 250 Other Purchased Services 3,000 (3,000) - - - Supplies and Materials 11,550 (1,500) 10,050 9,459 591

Total Undistributed Expenditures - Educational Media Services -School Library 104,700 (10,268) 94,432 91,172 3,260

continued

113

Exhibit D-3c





Undistributed Expenditures - Support Serv. - School Admin.:Salaries of Principals/Assistant Principals 232,265 8,000 240,265 235,313 4,952 Salaries of Secretarial and Clerical Assistants 73,855 20,000 93,855 93,545 310 Other Purchased Services 7,333 9,730 17,063 7,020 10,043 Supplies and Materials 27,500 (6,000) 21,500 20,726 774 Other Objects 3,500 3,500 2,595 905


Undistributed Expenditures - Other Operation and Maintenanceof Plant Services:

Salaries 82,445 (3,245) 79,200 79,122 78

Total Undistributed Expenditures - Other Operation and Maintenanceof Plant Services 82,445 (3,245) 79,200 79,122 78

Undistributed Expenditures - Student Transportation Services: School) - Vendors 7,500 7,500 5,454 2,046

Total Undistributed Expenditures - Student Transportation Serv. 7,500 - 7,500 5,454 2,046

Unallocated Benefits:Social Security Contributions 30,512 30,512 30,512 - Other Retirement Contributions - Regular 43,805 43,805 43,805 - Unemployment Compensation 4,068 4,068 4,068 - Workmen's Compensation 58,179 58,179 58,179 - Health Benefits 784,654 (13,917) 770,737 769,774 963 Other Employee Benefits 12,083 (12,083) - - -

Total Unallocated Benefits 933 301 (26 000) 907 301 906 338 963Total Unallocated Benefits 933,301 (26,000) 907,301 906,338 963

Total Undistributed Expenditures 1,746,952 (31,769) 1,715,183 1,685,764 29,419



Grades 1 - 5 25,000 (25,000) - - -

Total Equipment 25,000 (25,000) - - -

Total Capital Outlay 25,000 (25,000) - - -




Excess (Deficiency) of Other Financing Sources Over (Under)Expenditures and Other Financing (Uses) - - - 1,324 (1,324)

Fund Balance, July 1 - -


concluded

114

Exhibit D-3d

School: South Main Street



Preschool/Kindergarten 277,358$ 79,340 356,698 356,664 34 Grades 1-5 2,137,516 (106,820) 2,030,696 2,030,694 2

Regular Programs - Undistributed Instruction:Other Salaries for Instruction 134,283 (9,000) 125,283 124,573 710 Other Purchased Services 2,946 - 2,946 2,946 - General Supplies 140,039 (11,955) 128,084 119,759 8,325 Textbooks 35,000 35,000 35,000 - Other Objects - - -

Total Regular Programs 2,727,142 (48,435) 2,678,707 2,669,636 9,071

Learning and/or Language DisabilitiesSalaries of Teachers 126,735 40,100 166,835 166,244 591 Other Salaries for Instruction 92,929 33,600 126,529 126,081 448 General Supplies 5,200 5,200 4,862 338 Textbooks 800 800 - 800


Resource Room/Resource CenterSalaries of Teachers 317,478 34,800 352,278 351,197 1,081 General Supplies 2,000 (470) 1,530 1,477 53

Total Resource Room/Resource Center 319,478 34,330 353,808 352,674 1,134


Bilingual Education - InstructionSalaries of Teachers 56,559 300 56,859 56,789 70 Other Salaries for Instruction 900 900 - 900 Other Objects 600 (600) - - -



Total Bilingual Education - Instruction 58,059 (300) 57,759 56,789 970

School Sponsored Cocurricular Activities - Instruction:Salaries 20,601 3,607 24,208 24,192 16 Supplies and Materials 5,000 (4,900) 100 43 57

Total School Sponsored Cocurricular Activities - Instruction 25,601 (1,293) 24,308 24,235 73

Before/After School Programs - InstructionSalaries of Teachers 26,100 46,722 72,822 72,791 31 Purchased Professional & Technical Services 1,744 (1,740) 4 - 4 Supplies and Materials 1,200 (1,200) - - -

Total Before/After School Programs - Instruction 29,044 43,782 72,826 72,791 35

Summer School - InstructionSalaries of Teachers 92,610 (42,202) 50,408 50,408 - Other Salaries of Instruction 35,850 (35,850) - - - Salaries of Reading Specialists 3,480 (3,480) - - - Purchased Professional & Technical Services 5,745 (5,745) - - - Supplies and Materials 5,200 (5,200) - - -

Total Summer School - Instruction 142,885 (92,477) 50,408 50,408 -


continued

115

Exhibit D-3d





Undistributed Expenditures - Attendance and Social Work:Salaries 57,257 57,257 55,589 1,668 Salaries of Family Liaisons / Comm Parent Inv. Spec. 28,520 5,900 34,420 34,282 138


Undistributed Expenditures - Health Services:Salaries 115,951 (25,000) 90,951 86,845 4,106 Supplies and Materials 4,250 4,250 2,614 1,636

Total Undistributed Expenditures - Health Services 120,201 (25,000) 95,201 89,459 5,742


Salaries of Other Professional Staff 87,593 3,714 91,307 88,787 2,520 Other Purchased Professional and Technical Services 2,500 (2,500) - - - Supplies and Materials 3,500 (1,980) 1,520 1,470 50 Other Objects 120 120 - 120

Total Undistributed Expenditures - Other Support Services -Students - Regular Services 93,713 (766) 92,947 90,257 2,690

Undistributed Expenditures - Educational Media Services - School LibrarySalaries 85,653 29,650 115,303 115,034 269 Other Purchased Professional and Technical Services 4,000 (3,900) 100 84 16 Supplies and Materials 17,500 (900) 16,600 15,683 917 Other Objects 2,000 2,000 1,472 528


Undistributed Expenditures - Support Serv. - School Admin.:Salaries of Principals/Assistant Principals 134,318 134,141 268,459 265,958 2,501 Salaries of Secretarial and Clerical Assistants 79,313 8,300 87,613 87,355 258 Other Purchased Services 7,301 (800) 6,501 6,490 11 Supplies and Materials 12,500 12,500 11,004 1,496 Other Objects 800 800 800 -


Undistributed Expenditures - Other Operation and Maintenanceof Plant Services:Salaries 86,997 1,100 88,097 84,900 3,197 Purchased Professional and Technical Services 2,500 (2,500) - - - General Supplies 1,500 (1,300) 200 194 6

Total Undistributed Expenditures - Other Operation and Maintenanceof Plant Services 90,997 (2,700) 88,297 85,094 3,203

Undistributed Expenditures - Student Transportation Services:Contracted Services - (Other than Between Home and School) - Vendors 10,000 10,000 8,309 1,691


continued

116

Exhibit D-3d





Unallocated Benefits:Social Security Contributions 35,786 35,786 35,786 - Other Retirement Contributions - PERS 53,797 53,797 53,797 - Unemployment Compensation 4,742 4,742 4,742 - Workmen's Compensation 70,829 70,829 70,829 - Health Benefits 1,087,356 6,603 1,093,959 1,093,949 10 Other Employee Benefits 9,583 (9,583) - - -

Total Unallocated Benefits 1,262,093 (2,980) 1,259,113 1,259,103 10




Grades 1 - 5 25,000 25,000 - 25,000 Resource Room 3,800 (850) 2,950 2,347 603 Security 12,000 (11,946) 54 54

Total Equipment 40,800 (12,796) 28,004 2,347 25,657





Excess (Deficiency) of Other Financing Sources Over (Under)Expenditures and Other Financing (Uses) (6,024) - (6,024) (5,332) (692)


Fund Balance, June 30 -$ - - 692 (692)

concluded

117

Exhibit D-3e

School: Washington Avenue



Preschool/Kindergarten 271,048$ 43,000 314,048 310,433 3,615 Grades 1-5 1,764,501 (26,700) 1,737,801 1,704,451 33,350

Other Salaries for Instruction 74,564 10,500 85,064 84,757 307 Purchased Professional - Educational Services 3,000 3,000 1,250 1,750 General Supplies 100,000 100,000 80,804 19,196 Textbooks 31,221 31,221 28,633 2,588 Other Objects 5,450 5,450 3,343 2,107


Learning and/or Language DisabilitiesSalaries of Teachers 84,132 50,400 134,532 133,134 1,398 General Supplies 1,500 1,500 339 1,161


Resource Room/Resource CenterSalaries of Teachers 166,567 60,000 226,567 225,241 1,326 Other Salaries for Instruction 41,873 41,873 41,637 236 General Supplies 750 750 644 106 Other Objects 300 300 - 300



Bilingual Education - Instruction:Salaries of Teachers 461,742 31,750 493,492 491,678 1,814 Other Salaries for Instruction 131,439 (36,000) 95,439 92,959 2,480 General Supplies 17,020 17,020 9,678 7,342

Total Bilingual Education - Instruction 610,201 (4,250) 605,951 594,315 11,636

School Sponsored Cocurricular Activities - Instruction:



Salaries 13,824 3,460 17,284 17,280 4 Purchased Services 4,000 (3,460) 540 351 189 General Supplies 500 500 326 174

Total School Sponsored Cocurricular Activities - Instruction 18,324 - 18,324 17,957 367

Before/After School Programs - InstructionSalaries of Teachers 58,230 58,230 30,883 27,347 Other Salaries for Instruction 20,550 20,550 16,575 3,975 Purchased Professional & Technical Services 3,520 3,520 - 3,520 General Supplies 4,000 4,000 619 3,381

Total Before/After School Programs - Instruction 86,300 - 86,300 48,077 38,223

continued

118

Exhibit D-3e





Summer School - InstructionSalaries of Teachers 80,640 (47,812) 32,828 32,828 - Other Salaries of Instruction 19,676 (19,676) - - - Salaries of Teacher Tutors 1,800 (1,800) - - - Salaries of Reading Specialists 18,240 (12,112) 6,128 - 6,128 Purchased Professional & Technical Services 1,365 1,365 - 1,365 General Supplies 10,700 10,700 - 10,700 Textbooks 500 500 - 500



Undistributed Expenditures - Attendance and Social Work:Salaries - - - Salaries of Family Liaisons / Comm Parent Inv. Spec. 30,976 10,150 41,126 40,705 421 Purchased Professional and Technical Services 2,500 2,500 88 2,412 Supplies and Materials 2,300 2,300 709 1,591 Other Objects 2,100 2,100 - 2,100


Undistributed Expenditures - Health Services:Salaries 83,057 83,057 80,638 2,419 Purchased Professional and Technical Services 1,500 1,500 - 1,500 Supplies and Materials 4,085 4,085 2,663 1,422 Other Objects 143 143 - 143



Salaries - - - Salaries of Other Professional Staff 64,506 4,524 69,030 67,151 1,879 Other Purchased Services 4,600 4,600 139 4,461 Supplies and Materials 2,800 (300) 2,500 647 1,853 ( )Other Objects 100 (100) - - -

Total Undistributed Expenditures - Other Support Services -Students - Regular Services 72,006 4,124 76,130 67,937 8,193

Undistributed Expenditures - Educational Media Services - School LibrarySalaries 87,778 87,778 85,283 2,495 Salaries of Technology Coordinators - - - Purchased Professional and Technical Services 11,500 11,500 - 11,500 Other Purchased Services 4,000 400 4,400 204 4,196 Supplies and Materials 16,000 16,000 13,585 2,415 Other Objects - - -

Total Undistributed Expenditures - Educational Media Services -School Library 119,278 400 119,678 99,072 20,606

continued

119

Exhibit D-3e





Undistributed Expenditures - Support Serv. - School Admin.:Salaries of Principals/Assistant Principals 120,635 49,100 169,735 160,971 8,764 Salaries of Secretarial and Clerical Assistants 80,081 27,700 107,781 106,052 1,729 Other Purchased Services 12,581 12,581 12,581 - Supplies and Materials 18,100 (1,300) 16,800 14,549 2,251 Other Objects 500 800 1,300 884 416


Undistributed Expenditures - Other Operation and Maintenanceof Plant Services:Salaries 94,081 875 94,956 91,661 3,295 Cleaning, Repair, and Maintenance Services 500 500 113 387 General Supplies 1,625 1,625 - 1,625

Total Undistributed Expenditures - Other Operation and Maintenanceof Plant Services 96,206 875 97,081 91,774 5,307



Unallocated Benefits:Social Security Contributions 32,998 32,998 32,998 - Other Retirement Contributions - Regular 49,604 49,604 49,604 - Unemployment Compensation 4,423 4,423 4,423 - Workmen's Compensation 64,504 64,504 64,504 - Health Benefits 933,735 17,083 950,818 939,150 11,668 Other Employee Benefits 17,083 (17,083) - - -



Total General Current Expense 5,156,797 143,399 5,300,196 5,090,536 209,660 p


Grades 1-5 25,000 (14,847) 10,153 1,888 8,265

Total Equipment 25,000 (14,847) 10,153 1,888 8,265





Excess (Deficiency) of Other Financing Sources Over (Under)Expenditures and Other Financing (Uses) (3,716) - (3,716) (3,412) (304)


Fund Balance, June 30 -$ - - 304 (304)

concluded

120

Exhibit D-3f

School: Leeds Avenue



Preschool/Kindergarten 316,440$ 37,200 353,640 291,005 62,635 Grades 1-5 2,574,705 6,200 2,580,905 2,457,173 123,732

Regular Programs - Undistributed Instruction:Other Salaries for Instruction 187,147 187,147 175,776 11,371 Purchased Professional - Educational Services 9,200 (9,200) - - - Purchased Technical Service 1,826 1,826 - 1,826 Other Purchased Services 7,221 - 7,221 2,113 5,108 General Supplies 140,039 29,589 169,628 114,175 55,453 Textbooks 25,000 25,000 19,466 5,534 Other Objects 9,200 9,200 7,612 1,588


Learning and/or Language DisabilitiesSalaries of Teachers 496,475 496,475 487,327 9,148 Other Salaries for Instruction 56,827 95,000 151,827 125,457 26,370


Resource Room/Resource CenterSalaries of Teachers 116,198 52,500 168,698 165,555 3,143



School Sponsored Cocurricular Activities - Instruction:Salaries 19,008 19,008 18,144 864 Other Objects 1,500 1,500 409 1,091



Total School Sponsored Cocurricular Activities - Instruction 20,508 - 20,508 18,553 1,955

Before/After School Programs - InstructionSalaries of Teachers 69,975 (5,300) 64,675 34,808 29,867 Other Salaries of Instructions 39,300 12,245 51,545 51,458 87 Other Purchased Services 2,145 2,145 - 2,145 Supplies and Materials 10,953 10,953 3,597 7,356

Total Before/After School Programs - Instruction 122,373 6,945 129,318 89,863 39,455

Summer School - InstructionSalaries of Teachers 86,400 (43,747) 42,653 42,653 - Other Salaries of Instructions 20,400 (6,738) 13,662 7,530 6,132 Salaries of Reading Specialists 8,460 (7,460) 1,000 - 1,000 Other Purchased Services 1,491 1,491 - 1,491 Supplies and Materials 9,282 9,282 - 9,282



continued

121

Exhibit D-3f





Undistributed Expenditures - Attendance and Social Work:Salaries - - - Salaries of Family Liaisons / Comm Parent Inv. Spec. 79,004 79,004 46,819 32,185 Supplies and Materials 999 999 - 999

Total Undistributed Expenditures - Attendance and Social Work 80,003 - 80,003 46,819 33,184

Undistributed Expenditures - Health Services:Salaries 84,555 84,555 58,793 25,762 Purchased Professional and Technical Services 500 500 - 500 Other Purchased Services 600 600 - 600 Supplies and Materials 5,562 5,562 1,840 3,722



Salaries of Other Professional Staff 55,771 3,750 59,521 57,897 1,624 Supplies and Materials 4,000 4,000 2,834 1,166

Total Undistributed Expenditures - Other Support Services -Students - Regular Services 59,771 3,750 63,521 60,731 2,790

Undistributed Expenditures - Educational Media Services - School LibrarySalaries 118,046 118,046 117,282 764 Salaries of Technology Coordinators 86,046 (86,046) - - - Purchased Professional and Technical Services 2,650 2,650 - 2,650 Other Purchased Services 1,900 1,900 - 1,900 Supplies and Materials 25,000 25,000 24,880 120 Other Objects 200 200 - 200


Instructional Staff Training Services:Other purchased services 2,000 2,000 771 1,229 Supplies and materials 2,077 2,077 186 1,891 Other objects 500 500 415 85

Total Instructional Staff Training Services 4,577 - 4,577 1,372 3,205

Undistributed Expenditures - Support Serv. - School Admin.:Salaries of Principals/Assistant Principals 231,575 (47,500) 184,075 123,668 60,407 Salaries of Secretarial and Clerical Assistants 87,051 11,000 98,051 97,654 397 Purchased Professional and Technical Services - - - Other Purchased Services 16,450 16,450 14,424 2,026 Supplies and Materials 25,000 25,000 23,787 1,213 Other Objects 3,700 3,700 3,526 174

Total Undistributed Expenditures - Support Serv. - School Admin. 363,776 (36,500) 327,276 263,059 64,217

continued

122

Exhibit D-3f





Undistributed Expenditures - Other Operation and Maintenanceof Plant Services:Salaries 105,116 3,875 108,991 108,357 634 General Supplies 1,695 1,695 - 1,695 Other Objects 3,300 3,300 - 3,300

Total Undistributed Expenditures - Other Operation and Maintenanceof Plant Services 110,111 3,875 113,986 108,357 5,629



Unallocated Benefits:Social Security Contributions 37,085 37,085 37,085 - Other Retirement Contributions - PERS 55,748 55,748 55,748 - Unemployment Compensation 5,594 5,594 5,594 - Workmen's Compensation 80,604 80,604 80,604 - Health Benefits 1,141,618 19,583 1,161,201 1,159,929 1,272 Other Employee Benefits 19,583 (19,583) - - -







Excess (Deficiency) of Other Financing Sources Over (Under)Expenditures and Other Financing (Uses) (1,221) - (1,221) 4,069 (5,290)



concluded

123

SPECIAL REVENUE FUNDDETAIL STATEMENTS

Special revenue funds are used to account for the proceeds of specific revenuesources (other than expendable trusts or major capital projects) that arelegally restricted to expenditures for specific purposes.

REV

ENUE

S:

Stat

e So

urce

sFe

dera

l Sou

rces

Loca

l/Oth

er S

ourc

esTo

tal r

even

ues

EXPE

NDIT

URES

:In

stru

ctio

n:Sa

larie

s of

teac

hers

Oth

er s

alar

ies

for i

nstru

ctio

nPu

rcha

sed

prof

. and

tech

nica

l ser

vice

sO

ther

pur

chas

ed s

ervi

ces

Tuiti

onG

ener

al s

uppl

ies

Oth

er o

bjec

ts

Tota

l ins

truct

ion

Supp

ort s

ervi

ces:

Sala

ries

of S

uper

viso

r of I

nstru

ctio

nSa

larie

s of

Nur

se/S

ocia

l Wor

ker

Sala

ries

of p

rinci

pals

/ass

ista

nt p

rinci

pals

Sala

ries

of s

ecre

taria

l and

cle

rical

ass

t.O

ther

sal

arie

sSa

larie

s of

Com

mun

ity P

aren

t Inv

olve

men

t SSa

larie

s of

Mas

ter T

each

ers

Pers

onal

ser

vice

s- e

mpl

oyee

ben

efits

Purc

hase

d Ed

uc S

vc-C

ontra

cted

Pre

-KPu

rcha

sed

prof

essi

onal

edu

catio

nal s

ervi

ceO

ther

pur

chas

ed p

rofe

ssio

nal s

ervi

ces

Cle

anin

g R

epai

rs a

nd M

aint

enan

ce S

ervi

ces

Con

tract

Ser

vice

s - T

rans

porta

tion

Fiel

d Tr

ips

Trav

elO

ther

pur

chas

ed s

ervi

ces

Supp

lies

and

mat

eria

lsO

ther

obj

ects

Tota

l sup

port

serv

ices

Faci

litie

s ac

quis

ition

and

con

st. s

erv.

:In

stru

ctio

nal e

quip

men

tNo

nins

truct

iona

l equ

ipm

ent

Tota

l fac

ilitie

s ac

quis

ition

and

con

stru

ctio

n se

rvic

e

Tran

sfer

to W

hole

Sch

ool R

efor

m

Tota

l exp

endi

ture

s

City

of P

leas

antv

ille S

choo

l Dis

trict

Exhi

bit E

-1Sp

ecia

l Rev

enue

Fun

dPa

ge 1

of 2

Com

bini

ng S

ched

ule

of R

even

ue a

nd E

xpen

ditu

res

Budg

etar

y Ba

sis

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Car

ryov

erPr

esch

ool

Pres

choo

lTo

tal

Car

ryov

erTi

tle II

Car

ryov

erC

arry

over

I.D.E

.A.

I.D.E

.A.

21st

Cen

tury

21st

Cen

tury

Educ

atio

nEd

ucat

ion

Stat

eTi

tle I

Title

ITi

tle II

Part

ATi

tle II

ITi

tle II

ITi

tle II

IPa

rt - B

Pres

choo

lC

LCC

LCAi

dAi

dFu

nds

Part

APa

rt A

Part

AC

arry

over

Imm

igra

ntTe

ache

r Tra

inin

gTe

ache

r Tra

inin

gBa

sic

Hand

icap

ped

Prog

ram

Supp

lem

enta

l

7,12

9,33

6$

40

,000

7,

169,

336

-

982,

451

75,3

53

143,

014

35

,980

12

,688

59,3

14

43,8

68

930,

879

26,3

07

252,

265

33,9

58

14

7,46

8

147,

468

7,27

6,80

4

40

,000

7,

316,

804

98

2,45

1

75

,353

14

3,01

4

35,9

80

12,6

88

59

,314

43

,868

93

0,87

9

26

,307

25

2,26

5

33

,958

1,48

0,91

4

1,

480,

914

83

,728

11

,070

747,

870

74

7,87

0

15

,086

37

,035

-

-

34,1

18

2,73

4

2,

734

10

8,47

1

3,

000

12,7

50

-

93

0,87

9

26

,307

19

,788

19

,788

15

,293

21

,276

4,

000

2,38

3

17

,076

-

3,

385

11,3

09

2,25

1,30

6

-

2,

251,

306

12

7,14

9

34

,118

-

-

3,

000

49,1

12

41,0

35

930,

879

2 6,3

07

97,4

20

28,1

46

60,2

41

60,2

41

51,9

29

31,5

72

30,1

73

32,3

89

9,00

0

4,

860

86,5

56

233,

457

23

3,45

7

12

7,84

4

127,

844

67,7

66

67,7

66

229,

218

22

9,21

8

54

,049

54

,049

-

18

8,33

1

188,

331

1,29

1,83

1

1,

291,

831

2,

332

2,32

5

688

2,

833

26,2

93

893

2,57

3,12

9

2,

573,

129

5,

700

5,70

0

-

56,8

10

-

57

,619

5,

442

15,0

00

3,07

3

11,2

73

11,2

73

2,20

3

75

,315

75

,315

20

,700

20

,700

5,

497

5,49

7

318

-

30,3

71

5,34

2

19

,917

19

8

90

,390

90

,390

7,

898

1,88

9

25

,660

1,

266

4,

558

-

1,

648

5,02

3,46

8

11

,273

5,

034,

741

11

7,44

6

41

,235

14

3,01

4

3 5,9

80

9,68

8

10

,202

2,

833

-

-

154,

845

5,81

2

-

-

2,

030

28,7

27

30,7

57

8,36

1

2,03

0

28

,727

30

,757

8,

361

-

-

-

-

-

-

-

-

-

-

-

72

9,49

5

-

-

-

7,27

6,80

4

40

,000

7,

316,

804

98

2,45

1

75

,353

14

3,01

4

35,9

80

12,6

88

59

,314

43

,868

93

0,87

9

26

,307

25

2,26

5

33

,958

124

REV

ENUE

S:

Stat

e So

urce

sFe

dera

l Sou

rces

Loca

l/Oth

er S

ourc

esTo

tal r

even

ues

EXPE

NDIT

URES

:In

stru

ctio

n:Sa

larie

s of

teac

hers

Oth

er s

alar

ies

for i

nstru

ctio

nPu

rcha

sed

prof

. and

tech

nica

l ser

vice

sO

ther

pur

chas

ed s

ervi

ces

Tuiti

onG

ener

al s

uppl

ies

Oth

er o

bjec

ts

Tota

l ins

truct

ion

Supp

ort s

ervi

ces:

Sala

ries

of S

uper

viso

r of I

nstru

ctio

nSa

larie

s of

Nur

se/S

ocia

l Wor

ker

Sala

ries

of p

rinci

pals

/ass

ista

nt p

rinci

pals

Sala

ries

of s

ecre

taria

l and

cle

rical

ass

t.O

ther

sal

arie

sSa

larie

s of

Com

mun

ity P

aren

t Inv

olve

men

t SSa

larie

s of

Mas

ter T

each

ers

Pers

onal

ser

vice

s- e

mpl

oyee

ben

efits

Purc

hase

d Ed

uc S

vc-C

ontra

cted

Pre

-KPu

rcha

sed

prof

essi

onal

edu

catio

nal s

ervi

ceO

ther

pur

chas

ed p

rofe

ssio

nal s

ervi

ces

Cle

anin

g R

epai

rs a

nd M

aint

enan

ce S

ervi

ces

Con

tract

Ser

vice

s - T

rans

porta

tion

Fiel

d Tr

ips

Trav

elO

ther

pur

chas

ed s

ervi

ces

Supp

lies

and

mat

eria

lsO

ther

obj

ects

Tota

l sup

port

serv

ices

Faci

litie

s ac

quis

ition

and

con

st. s

erv.

:In

stru

ctio

nal e

quip

men

tNo

nins

truct

iona

l equ

ipm

ent

Tota

l fac

ilitie

s ac

quis

ition

and

con

stru

ctio

n se

rvic

e

Tran

sfer

to W

hole

Sch

ool R

efor

m

Tota

l exp

endi

ture

s

City

of P

leas

antv

ille S

choo

l Dis

trict

Exhi

bit E

-1Sp

ecia

l Rev

enue

Fun

dPa

ge 2

of 2

Com

bini

ng S

ched

ule

of R

even

ue a

nd E

xpen

ditu

res

Budg

etar

y Ba

sis

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Pass

port

toPa

sspo

rt to

21st

Cen

tury

Car

l D.

Car

l D.

Fres

hSu

cces

sSu

cces

sTo

tal

CLC

Rac

e to

the

Perk

ins

Perk

ins

Frui

ts &

Trua

ncy

Trua

ncy

Adul

tJu

nior

Fede

ral

Tota

lC

arry

over

Top

IIIVo

catio

nal

Car

ryov

erVe

geta

bles

Gra

ntC

arry

over

Educ

atio

nR

OTC

Fund

s20

13

7,16

9,33

6

122,

418

31,5

48

27,2

58

1,78

7

10

7,30

0

85

,142

19

,445

72

,851

63

,256

3,

127,

082

3,12

7,08

2

-

14

7,46

8

12

2,41

8

31

,548

27

,258

1,

787

107,

300

85,1

42

19,4

45

72,8

51

63,2

56

3,12

7,08

2

10

,443

,886

40,5

12

135,

310

1,

616,

224

67

,624

63

,256

18

3,00

1

930,

871

34,1

18

34

,118

12

4,22

1

126,

955

957,

186

95

7,18

6

1,

219

23,9

14

1,78

7

3,

881

90,8

29

11

0,61

7

14

,694

14,6

94

-

41

,731

-

23

,914

1,

787

-

-

-

71,5

05

63,2

56

1,53

9,35

9

3,

790,

665

69, 1

12

24,8

40

1 ,21

5

60

,952

40

2,59

8

462,

839

-

23

3,45

7

-

127,

844

-

67

,766

-

229,

218

-

54

,049

-

188,

331

2,10

0

21

,400

58

,864

1,35

0,69

5

-

2,

573,

129

56

,810

62,5

10

81,1

34

81

,134

1,

288

3,49

1

14,7

64

-

75

,315

-

20,7

00

819

2,

152

3,28

9

8,78

6

3,

171

9,23

1

53

1

5,56

0

74

,321

74,3

21

4,19

7

6,

708

87,7

01

2,25

9

69

1

1,34

6

14

4,17

3

234,

563

10,3

68

12,0

16

12

,016

80,6

87

31,5

48

1,21

5

-

10

7,30

0

85

,142

8,

403

1,34

6

-

83

6,69

6

5,87

1,43

7

2,12

9

2,

129

2,

129

11, 0

42

19,4

03

50

,160

-

-

2,12

9

-

-

-

11

,042

-

-

21

,532

52,2

89

729,

495

72

9,49

5

122,

418

31,5

48

27,2

58

1,78

7

10

7,30

0

85

,142

19

,445

72

,851

63

,256

3,

127,

082

10,4

43,8

86

125

Exhibit E-2

Original Budget FinalBudget Transfers Budget Actual Variance

EXPENDITURES:

Instruction:

Salaries of Teachers 1,613,541$ (87,825) 1,525,716 1,480,914 44,802 Other Salaries for Instruction 805,060 18,900 823,960 747,870 76,090 Other Purchased Services 10,000 - 10,000 2,734 7,266 Supplies and Materials 50,000 (30,000) 20,000 19,788 212

Total Instruction 2,478,601 (98,925) 2,379,676 2,251,306 128,370

Support Services:

Salaries of Supervisor of Instruction 60,643 - 60,643 60,241 402 Salaries of Nurse/Social Worker 259,541 7,198 266,739 233,457 33,282 Salaries of Program Directors 121,571 7,200 128,771 127,844 927 Salaries of Secretarial and Clerical Assistants 90,328 - 90,328 67,766 22,562 Other Salaries 152,657 77,000 229,657 229,218 439 Salaries of Community Parent Involvement Spec. 54,579 - 54,579 54,049 530 Salaries of Master Teachers 171,173 18,000 189,173 188,331 842 Personal Services - Employee Benefits 1,287,067 6,600 1,293,667 1,291,831 1,836 Purchased Ed Services - Contracted Pre-K 2,671,635 (45,892) 2,625,743 2,573,129 52,614 Other Purchased Professional Education Services 40,000 (34,300) 5,700 5,700 - Other Purchased Professional Services 20,000 (20,000) - - - Cleaning Repairs and Maintenance Services 40,000 - 40,000 11,273 28,727 Contracted services - Transportation (bet home & school) 75,315 - 75,315 75,315 - Contracted services - Transportation (Field Trips) 10,000 18,000 28,000 20,700 7,300 Travel 7,500 - 7,500 5,497 2,003 Supplies and Materials 46,580 45,927 92,507 90,390 2,117


City of Pleasantville School DistrictSpecial Revenue Fund

Schedule of Preschool Education AidBudgetary Basis

Supplies and Materials 46,580 45,927 92,507 90,390 2,117

Total Support Services 5,108,589 79,733 5,188,322 5,034,741 153,581

Facilities acquisition and construction services:Instructional Equipment 16,692 16,692 - 16,692 Non Instructional Equipment 2,500 2,500 30,757 (28,257)

Total facilities acquisition and construction services - 19,192 19,192 30,757 (11,565)

Transfer to Whole School Reform

Total expenditures 7,587,190$ - 7,587,190 7,316,804 270,386

CALCULATION OF BUDGET AND CARRYOVERTotal Revised 2012-13 Preschool Education Aid Allocation 7,225,932 Add: Actual Preschool Education Aid Carryover (June 30, 2012) 372,906 Add: Budgeted transfer from the General Fund 2011-12 147,468 Total Preschool Education Aid Funds Available for 2012-13 Budget 7,746,306 Less: 2012-13 Budgeted Preschool Education Aid (including prior year budgeted carryover) (7,587,190) Available & Unbudgeted Preschool Education Aid Funds as of June 30, 2013 159,116

Add: June 30, 2013 Unexpended Preschool Education Aid 270,386 2012-13 Carryover - Preschool Education Aid 429,502

2012-13 Preschool Education Aid Carryover Budgeted for Preschool Programs 2013-14 89,074

126

TRUST AND AGENCY FUNDSDETAIL STATEMENTS

Agency funds are used to account for assets held by the school district as an agent for individuals, private organizations, other governments and/or other funds.

Student Activity Fund - This agency fund is used to account for student funds held at the schools.

Payroll Fund - This agency fund is used toaccount for the payroll transactions of the school district.

Trust funds are used to account for gifts and bequests to the school district for aspecific purpose.

Unemployment Compensation Insurance Trust Fund -This is an expendable trust fund used to pay unemploymentcompensation insurance claims.

Private Purpose Trust Fund -This is an expendable trust fund used to fund a scholarshipprogram establised by the Board.

Exhi

bit H

-1

Trus

t Fun

dsAg

ency

Une

mpl

oym

ent

Stud

ent

Flex

ible

Com

pens

atio

nAc

tivity

Spen

ding

Payr

oll

Tota

lsAS

SETS

:

C

ash

and

cash

equ

ival

ents

171,

569

$

67,5

86

10,5

62

624,

532

874,

249

I

nves

tmen

t73

,922

73

,922

D

ue fr

om U

nem

ploy

men

t Tru

st37

,059

37

,059

To

tal A

sset

s17

1,56

9

14

1,50

8

10

,562

66

1,59

1

98

5,23

0

LIAB

ILIT

IES

AND

EQ

UIT

Y:

L

iabi

litie

s:

P

ayro

ll de

duct

ions

and

with

hold

ings

538,

271

538,

271

Int

erfu

nd P

ayab

le12

3,32

0

12

3,32

0

F

lexi

ble

Spen

ding

Acc

ount

10,5

62

-

10

,562

D

ue to

Pay

roll

Agen

cy37

,059

37

,059

D

ue to

Sta

te o

f New

Jer

sey

82,1

35

82,1

35

Due

to s

tude

nt g

roup

s13

0,94

6

-

130,

946

T

otal

Lia

bilit

ies

119,

194

130,

946

10,5

62

661,

591

922,

293

Equ

ity:

N

et P

ositi

on

Res

erve

d - E

xpen

dabl

e Tr

ust

Une

mpl

oym

ent

52,3

75

52,3

75

Tot

al e

quity

52,3

75

-

-

-

52

,375

Tota

l lia

bilit

ies

and

equi

ty17

1,56

9$

13

0,94

6

10

,562

66

1,59

1

97

4,66

8

City

of P

leas

antv

ille

Sch

ool D

istr

ict

Trus

t and

Age

ncy

Fund

Com

bini

ng B

alan

ce S

heet

June

30,

201

3

127

Exhibit H-2

UnemploymentCompensation

Trust 2013ADDITIONS Local sources: Interest on investments 2$ 2 Plan Member 86,204 86,204

Total additions 86,206 86,206

DEDUCTIONS Payments of unemployment claims 299,909 299,909

Total operating expenses 299,909 299,909

Change in net position (213,703) (213,703)

and Changes in Net PositionFor the Year Ended June 30, 2013

City of Pleasantville School DistrictUnemployment Expendable Trust Fund

Comparative Statement of Revenues, Expenditures

Net Position, July 1 266,078 266,078

Net Position, June 30 52,375$ 52,375

128

Exh

ibit

H-3

Bal

ance

Bal

ance

June

30,

201

2A

dditi

ons

Del

etio

nsJu

ne 3

0, 2

013

AS

SE

TS:

C

ash

and

cash

equ

ival

ents

63,7

95$

166,

990

163,

199

67,5

86

In

vest

men

ts73

,835

87

73

,922

Tota

l ass

ets

137,

630

167,

077

16

3,19

9

14

1,50

8

LIA

BIL

ITIE

S:

D

ue to

Stu

dent

gro

ups

131,

104

12

7,23

4

13

0,95

5

12

7,38

3

A

thle

tics

6,52

6

29

,281

32

,244

3,

563

F

lexi

ble

Spe

ndin

g ac

coun

t-

10

,562

-

10,5

62

Tota

l lia

bilit

ies

137,

630

$

167,

077

16

3,19

9

14

1,50

8

City

of P

leas

antv

ille

Scho

ol D

istr

ict

Stud

ent A

ctiv

ity A

genc

y Fu

ndSt

atem

ent o

f Cha

nges

in A

sset

s an

d Li

abili

ties

For t

he Y

ear E

nded

Jun

e 30

, 201

3

129

Exh

ibit

H-4

Bal

ance

Bal

ance

June

30,

201

2A

dditi

ons

Del

etio

nsJu

ne 3

0, 2

013

AS

SE

TS:

C

ash

and

cash

equ

ival

ents

512,

731

$

19,9

09,8

62

19,7

98,0

61

62

4,53

2

Due

from

Gen

eral

Fun

d18

,212

30

,523

48,7

35

-

Due

from

Une

mpl

oym

ent T

rust

37,0

59

37

,059

Due

from

Sta

te o

f New

Jer

sey

12,2

31

12,2

31

-

Tota

l ass

ets

543,

174

19

,977

,444

19

,859

,027

661,

591

LIA

BIL

ITIE

S:

P

ayro

ll de

duct

ions

and

with

hold

ings

543

174

1990

652

219

911

425

538

271

City

of P

leas

antv

ille

Scho

ol D

istr

ict

Payr

oll A

genc

y Fu

ndSt

atem

ent o

f Cha

nges

in A

sset

s an

d Li

abili

ties

For t

he Y

ear E

nded

Jun

e 30

, 201

3

and

with

hold

ings

543,

174

19

,906

,522

19

,911

,425

538,

271

Inte

rfund

pay

able

-

123,

320

12

3,32

0

Tota

l lia

bilit

ies

543,

174

$

20,0

29,8

42

19,9

11,4

25

66

1,59

1

130

DEBT SERVICE FUNDDETAIL STATEMENTS

The debt service fund is used to account for the accumulation of resources andpayment of general obligation bond principal and interest from the school dis-trict's resources.

Exh

ibit

I-1

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TG

ener

al L

ong-

Term

Deb

tSt

atem

ent o

f Ser

ial B

onds

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Dat

e of

Am

ount

of

Ann

ual M

atur

ities

Inte

rest

Bal

ance

Bal

ance

Issu

eIs

sue

Issu

eD

ate

Am

ount

Rat

eJu

ne 3

0, 2

012

Issu

edR

etire

dJu

ne 3

0, 2

013

Ref

undi

ng T

axab

le5/

1/20

052,

810,

000

2/15

/201

424

0,00

05.

000%

1,45

5,0

$

0022

5,00

01,

230,

000

Pen

sion

Bon

ds2/

15/2

015

245,

000

5.00

0% (

Ser

ies

2005

)2/

15/2

016

260,

000

5.00

0%2/

15/2

017

110,

000

5.25

0%2/

15/2

018

120,

000

5.25

0%2/

15/2

019

125,

000

5.25

0%2/

15/2

020

130,

000

5.25

0%

Ref

undi

ng B

onds

5/1/

2005

28,7

95,0

002/

15/2

014

1,69

0,00

05.

000%

22,1

20,0

001,

645,

000

20,4

75,0

00 (

Ser

ies

2005

)2/

15/2

015

1,74

0,00

03.

750%

2/15

/201

61,

770,

000

5.00

0%2/

15/2

017

1,82

5,00

04.

000%

2/15

/201

81,

855,

000

4.00

0%2/

15/2

019

1,88

5,00

04.

500%

2/15

/202

01,

925,

000

4.12

5%2/

15/2

021

1,96

0,00

05.

000%

2/15

/202

21,

955,

000

4.25

0%2/

15/2

023

1,94

0,00

04.

750%

2/15

/202

41,

930,

000

4.37

5%

23,5

75,0

$

00-

1,87

0,00

0

21,7

05,0

00

131

I-2

Am

ount

of

Inte

rest

Bal

ance

Bal

ance

Issu

eIs

sue

Dat

eA

mou

ntR

ate

June

30,

201

2Is

sued

Ret

ired

June

30,

201

3

Ref

undi

ng C

ertif

icat

e of

Par

ticip

atio

n 20

08 S

erie

s4,

250,

000

$

10

/1/2

013

910,

000

3.28

%1,

780,

000

$

87

0,00

091

0,00

0

1,78

0,00

0$

-

87

0,00

091

0,00

0

Ann

ual M

atur

ities

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TG

ener

al L

ong-

Term

Deb

tSt

atem

ent o

f Cer

tific

ates

of P

artic

ipat

ions

For t

he Y

ear E

nded

Jun

e 30

, 201

3

132

Exhi

bit I

-3

Orig

inal

Bud

get

Fina

lV

aria

nce

Bud

get

Tran

sfer

sB

udge

tA

ctua

lFi

nal t

o A

ctua

lR

EVEN

UES

:Lo

cal S

ourc

es:

Loca

l Tax

Lev

y1,

612,

738

$

1,61

2,73

8

1,

612,

738

-

Sta

te S

ourc

es:

Deb

t Ser

vice

Aid

Typ

e II

2,22

6,65

9

2,

226,

659

2,22

6,65

9

-

-

Tota

l - S

tate

Sou

rces

2,22

6,65

9

-

2,

226,

659

2,22

6,65

9

-

Tota

l Rev

enue

s3,

839,

397

-

3,83

9,39

7

3,

839,

397

-

EXPE

ND

ITU

RES

:R

egul

ar D

ebt S

ervi

ce:

Inte

rest

1,09

9,39

7

1,

099,

397

1,09

9,39

7

-

R

edem

ptio

n of

Prin

cipa

l2,

740,

000

2,74

0,00

0

2,

740,

000

-

Tota

lReg

ular

Deb

tSer

vice

3,83

9,39

7-

3,83

9,39

73,

839,

397

-

For t

he Y

ear E

nded

Jun

e 30

, 201

3

City

of P

leas

antv

ille

Scho

ol D

istr

ict

Bud

geta

ry C

ompa

rison

Sch

edul

e D

ebt S

ervi

ce F

und

Tota

l Reg

ular

Deb

t Ser

vice

3,83

9,39

7

3,83

9,39

7

3,

839,

397

Tota

l exp

endi

ture

s3,

839,

397

-

3,83

9,39

7

3,

839,

397

-

(Def

icie

ncy)

of R

even

ues

(Und

er) E

xpen

ditu

res

-

-

-

-

-

Fund

Bal

ance

, Jul

y 1

-

-

Fund

Bal

ance

, Jun

e 30

-

-

-

-

-

Rec

apitu

latio

n of

Exc

ess

(Def

icie

ncy)

of R

even

ues

Ove

r (U

nder

) Exp

endi

ture

s

Bud

gete

d Fu

nd B

alan

ce-

$

-

-

-

133

Statistical Section

Governmental Accounting Standards Board (GASB) requires 10 years of statistical information to be included in the CAFR.

J-1

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Gov

ernm

enta

l act

iviti

esIn

vest

ed in

cap

ital a

sset

s, n

et o

f rel

ated

deb

t(9

99,6

14)

(2,5

43,8

37)

3,07

6,74

0

2,02

1,60

4

3,

324,

972

4,60

3,19

8

6,

617,

457

8,49

8,05

1

12

,617

,198

13,3

56,7

65

R

estri

cted

4,50

1,08

9

1,

304,

722

1,

086,

283

95

1,10

0

1,27

9,01

5

-

-

-

-

-

Unr

estri

cted

(2,4

24,3

70)

(1

,935

,023

)

(7

99,4

69)

3,39

3,11

4

5,

908,

823

2,85

4,60

7

4,

025,

538

2,64

1,90

5

(3

,050

,096

)

(2

,925

,320

)

To

tal g

over

nmen

tal a

ctiv

ities

net

pos

ition

1,07

7,10

5

(3

,174

,138

)

3,

363,

554

6,

365,

818

10,5

12,8

10

7,45

7,80

5

10

,642

,995

11

,139

,956

9,56

7,10

2

10

,431

,445

Bus

ines

s-ty

pe a

ctiv

ities

Inve

sted

in c

apita

l ass

ets,

net

of r

elat

ed d

ebt

101,

305

96

,316

102,

987

82,0

91

15

3,66

1

215,

819

19

8,84

2

170,

832

15

1,54

4

131,

842

R

estri

cted

Unr

estri

cted

461,

587

52

4,61

6

(1

79,5

80)

(925

,437

)

(1,5

18,7

43)

(1,7

88,4

72)

(1

,695

,408

)

(1

,674

,303

)

(1

,585

,033

)

(1

,087

,035

)

To

tal b

usin

ess-

type

act

iviti

es n

et p

ositi

on56

2,89

2

620,

932

(76,

593)

(8

43,3

46)

(1

,365

,082

)

(1

,572

,653

)

(1,4

96,5

66)

(1,5

03,4

71)

(1,4

33,4

89)

(955

,193

)

Dis

trict

-wid

eIn

vest

ed in

cap

ital a

sset

s, n

et o

f rel

ated

deb

t(8

98,3

09)

(2,4

47,5

21)

3,17

9,72

7

2,10

3,69

5

3,

478,

633

4,81

9,01

7

6,

816,

299

8,66

8,88

3

12

,768

,742

13,4

88,6

07

R

estri

cted

4,50

1,08

9

1,

304,

722

1,

086,

283

95

1,10

0

1,27

9,01

5

-

-

-

-

-

Unr

estri

cted

(1,9

62,7

83)

(1

,410

,407

)

(9

79,0

49)

2,46

7,67

7

4,

390,

080

1,06

6,13

5

2,

330,

130

967,

602

(3

,952

,809

)

(4

,012

,355

)

To

tal d

istri

ct n

et p

ositi

on1,

639,

997

(2,5

53,2

06)

3,28

6,96

1

5,52

2,47

2

9,

147,

728

5,88

5,15

2

9,

146,

429

9,63

6,48

5

8,

815,

933

9,47

6,25

2

GA

SB

requ

ires

10 y

ears

of i

nfor

mat

ion,

the

Dis

trict

con

verte

d to

GA

SB

34

in 2

004

resu

lting

in 9

yea

rs b

eing

pre

sent

edTh

e re

stric

ted

and

unre

stric

ted

Gov

ernm

enta

l Net

Pos

ition

s ha

ve b

een

rest

ated

for 2

009,

2010

and

201

1 to

elin

inat

e th

e ne

gativ

e R

estri

cted

am

ount

, red

ucin

g th

e U

nres

trict

ed a

mou

nt b

y a

like

amou

ntIn

add

ition

, the

201

2 N

et p

ositi

on w

as re

duce

d by

$68

2,32

0 to

refle

ct th

e el

imin

atio

n of

the

asse

t titl

e "c

ost o

f iss

uanc

e on

refu

ndin

g, n

et o

f am

ortiz

atio

n" a

s re

quire

d by

GA

SB

63.

Fisc

al Y

ear E

ndin

g Ju

ne 3

0,

Una

udite

dLa

st T

en F

isca

l Yea

rsN

et P

ositi

on b

y C

ompo

nent

,C

ITY

OF

PLEA

SAN

TVIL

LE S

CH

OO

L D

ISTR

ICT

,p

y$

,g,

qy

Sou

rce:

CA

FR S

cehd

ule

A-1

134

J-2

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Expe

nses

Gov

ernm

enta

l act

iviti

esIn

stru

ctio

nR

egul

ar23

,409

,649

30,3

67,9

15

26

,458

,724

27

,624

,588

28,5

83,1

06

29

,586

,769

28,3

88,9

68

31

,782

,614

31,7

93,8

03

31

,401

,452

Spe

cial

edu

catio

n3,

928,

338

4,

528,

407

4,

908,

177

5,30

6,92

1

5,

323,

608

5,04

5,36

5

5,

015,

081

5,83

1,79

7

6,

044,

508

6,04

4,47

6

O

ther

spe

cial

edu

catio

n2,

487,

770

2,

623,

360

3,

426,

765

2,84

9,91

0

3,

365,

535

2,84

5,44

6

3,

321,

676

3,55

5,59

1

5,

042,

067

4,29

2,87

9

O

ther

inst

ruct

ion

159,

321

Sup

port

Ser

vice

s:Tu

ition

5,22

6,89

8

6,81

5,53

7

7,76

6,64

4

7,

111,

438

7,56

4,78

4

7,

496,

097

7,70

1,75

8

5,

965,

581

8,41

0,79

6

8,

316,

004

Stu

dent

& in

stru

ctio

n re

late

d se

rvic

es8,

493,

921

10

,128

,114

10,8

88,3

36

12,2

21,2

63

11

,999

,833

12,3

61,9

57

11

,490

,340

12,8

42,9

22

14

,097

,006

14,2

29,3

66

S

choo

l adm

inis

trativ

e se

rvic

es2,

383,

254

8,

088,

027

2,

904,

101

3,16

0,35

0

3,

431,

629

3,31

9,99

3

3,

176,

235

3,08

4,66

3

3,

221,

636

3,33

7,23

5

G

ener

al a

dmin

istra

tive

serv

ices

2,81

7,03

2

8,13

0,67

5

8,

570,

122

8,38

8,10

3

9,

118,

859

8,16

3,36

3

7,

193,

088

6,72

8,00

7

6,

943,

622

Pla

nt o

pera

tions

and

mai

nten

ance

6,05

1,25

7

6,22

7,93

6

6,28

0,62

3

6,

863,

076

8,07

8,41

0

9,

216,

330

8,32

7,42

0

9,

360,

505

9,87

3,81

1

10

,656

,339

Pup

il tra

nspo

rtatio

n2,

139,

522

2,

923,

337

3,

699,

744

3,15

3,06

5

2,

982,

114

2,80

9,98

2

2,

143,

108

2,33

8,39

7

2,

419,

942

2,24

7,29

6

Bu

sine

sss

and

othe

r sup

port

serv

ices

6,45

0,98

7

Spe

cial

Sch

ools

2,11

6

-

Cha

rter S

choo

ls6,

359,

981

5,

992,

307

5,

594,

512

5,72

0,54

1

5,

803,

873

6,07

2,46

6

6,

441,

525

6,00

1,32

5

6,

541,

459

2,89

9,60

2

In

tere

st o

n lo

ng-te

rm d

ebt

2,08

8,88

4

1,64

6,41

8

1,52

1,65

1

2,

112,

011

1,63

9,77

8

1,

523,

011

1,36

4,86

6

1,

285,

634

1,17

4,16

1

1,

060,

309

Tota

l gov

ernm

enta

l act

iviti

es e

xpen

ses

69,0

20,4

61

82

,158

,390

81,7

39,2

73

84,6

95,4

01

87

,160

,773

89,3

96,2

75

85

,534

,340

89,2

42,1

17

95

,347

,196

91,4

28,5

80

Bus

ines

s-ty

pe a

ctiv

ities

:Fo

od s

ervi

ce1,

833,

879

1,

924,

332

2,

628,

646

2,79

3,55

5

2,

496,

934

2,16

5,07

6

2,

316,

995

2,34

7,46

7

2,

494,

355

2,45

7,98

3

Fisc

al Y

ear E

ndin

g Ju

ne 3

0,

Una

udite

dC

hang

es in

Net

Pos

ition

, Ten

Fis

cal Y

ears

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

T

Tota

l bus

ines

s-ty

pe a

ctiv

ities

exp

ense

1,83

3,87

9

1,92

4,33

2

2,62

8,64

6

2,

793,

555

2,49

6,93

4

2,

165,

076

2,31

6,99

5

2,

347,

467

2,49

4,35

5

2,

457,

983

Tota

l dis

trict

exp

ense

s70

,854

,340

84,0

82,7

22

84

,367

,919

87

,488

,956

89

,657

,707

91

,561

,351

87

,851

,335

91

,589

,584

97

,841

,551

93

,886

,563

Prog

ram

Rev

enue

sG

over

nmen

tal a

ctiv

ities

:C

harg

es fo

r ser

vice

s:In

stru

ctio

n (tu

ition

)33

3,06

1

223,

829

14

3,07

3

47,4

91

44

5,07

2

564,

960

P

upil

trans

porta

tion

Bus

ines

s an

d ot

her s

uppo

rt se

rvic

esO

pera

ting

gran

ts a

nd c

ontri

butio

ns6,

592,

832

7,

883,

477

8,

683,

920

8,47

2,25

6

9,

408,

333

9,87

9,73

8

10

,261

,045

11,3

30,4

13

10

,454

,479

9,63

0,89

6

C

apita

l gra

nts

and

cont

ribut

ions

Tota

l gov

ernm

enta

l act

iviti

es p

rogr

am re

venu

es6,

592,

832

7,

883,

477

8,

683,

920

8,47

2,25

6

9,

741,

394

10,1

03,5

67

10

,404

,118

11,3

77,9

04

10

,899

,551

10,1

95,8

56

135

J-2

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Fisc

al Y

ear E

ndin

g Ju

ne 3

0,

Una

udite

dC

hang

es in

Net

Pos

ition

, Ten

Fis

cal Y

ears

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

T

Bus

ines

s-ty

pe a

ctiv

ities

:C

harg

es fo

r ser

vice

sFo

od s

ervi

ce73

9,57

3

83

8,98

8

74

2,45

3

728,

230

51

6,43

7

382,

448

55

0,72

0

502,

998

46

7,12

3

496,

800

O

pera

ting

gran

ts a

nd c

ontri

butio

ns1,

115,

855

1,

143,

384

1,

188,

668

1,29

8,57

2

1,

458,

761

1,57

5,05

7

1,

816,

721

1,83

7,56

4

2,

097,

214

2,43

8,39

8

Tota

l bus

ines

s ty

pe a

ctiv

ities

pro

gram

reve

nues

1,85

5,42

8

1,98

2,37

2

1,93

1,12

1

2,

026,

802

1,97

5,19

8

1,

957,

505

2,36

7,44

1

2,

340,

562

2,56

4,33

7

2,

935,

198

Tota

l dis

trict

pro

gram

reve

nues

8,44

8,26

0

9,86

5,84

9

10

,615

,041

10

,499

,058

11

,716

,592

12

,061

,072

12

,771

,559

13

,718

,466

13

,463

,888

13

,131

,054

Net

(Exp

ense

)/Rev

enue

Gov

ernm

enta

l act

iviti

es(6

2,42

7,62

9)

(7

4,27

4,91

3)

(7

3,05

5,35

3)

(76,

223,

145)

(7

7,41

9,37

9)

(79,

292,

708)

(7

5,13

0,22

2)

(77,

864,

213)

(8

4,44

7,64

5)

(81,

232,

724)

B

usin

ess-

type

act

iviti

es21

,549

58

,040

(6

97,5

25)

(7

66,7

53)

(5

21,7

36)

(2

07,5

71)

50

,446

(6,9

05)

69,9

82

47

7,21

5

Tota

l dis

trict

-wid

e ne

t exp

ense

(62,

406,

080)

(74,

216,

873)

(7

3,75

2,87

8)(7

6,98

9,89

8)

(77,

941,

115)

(7

9,50

0,27

9)

(75,

079,

776)

(7

7,87

1,11

8)

(84,

377,

663)

(8

0,75

5,50

9)

Gen

eral

Rev

enue

s an

d O

ther

Cha

nges

in N

et P

ositi

onG

over

nmen

tal a

ctiv

ities

:P

rope

rty ta

xes

levi

ed fo

r gen

eral

pur

pose

s, n

et6,

220,

639

6,

220,

639

6,

220,

639

6,22

0,63

9

6,

220,

639

6,46

9,46

5

6,

728,

243

6,72

8,24

3

6,

728,

243

6,86

2,80

8

Ta

xes

levi

ed fo

r deb

t ser

vice

886,

567

894,

364

952,

093

97

3,10

0

1,64

5,62

5

1,

260,

384

1,18

5,78

4

1,

572,

414

1,62

7,04

9

1,

612,

738

Unr

estri

cted

gra

nts

and

cont

ribut

ions

59,0

61,5

59

60

,900

,975

65,7

74,8

92

68,5

26,8

23

70

,505

,856

66,1

50,1

55

66

,271

,223

66,9

26,9

77

72

,444

,546

71,4

28,2

47

R

estri

cted

gra

nts

and

cont

ribut

ions

2,86

3,23

0

2,85

6,61

9

3,86

1,44

7

2,

871,

340

2,61

1,12

1

2,

709,

376

2,69

7,14

1

2,

226,

011

2,23

3,51

5

2,

226,

659

Tuiti

on R

ecei

ved

255,

919

378,

370

513,

499

21

2,37

8

Inve

stm

ent e

arni

ngs

(10,

300)

Mis

cella

neou

s in

com

e 2,

009,

975

80

0,77

9

2,

329,

336

421,

129

61

7,37

5

665,

487

1,

742,

837

907,

529

52

3,75

8

189,

276

Am

ortiz

atio

n(5

8,86

1)

Tran

sfer

s/A

djus

tmen

t(5

9,44

7)

(3

4,24

5)

(1

,017

,164

)

(3

09,8

16)

To

talg

over

nmen

tala

ctiv

ities

7123

844

272

041

446

7959

304

579

225

409

8156

637

176

237

703

7831

541

278

361

174

8355

711

182

319

728

Tota

l gov

ernm

enta

l act

iviti

es71

,238

,442

72,0

41,4

46

79

,593

,045

79

,225

,409

81

,566

,371

76

,237

,703

78

,315

,412

78

,361

,174

83

,557

,111

82

,319

,728

Bus

ines

s-ty

pe a

ctiv

ities

:In

vest

men

t ear

ning

sTr

ansf

ers

59,4

47

Tota

l bus

ines

s-ty

pe a

ctiv

ities

59,4

47

-

-

-

-

-

-

-

-

-

To

tal d

istri

ct-w

ide

71,2

97,8

89

72

,041

,446

79,5

93,0

45

79,2

25,4

09

81,5

66,3

71

76,2

37,7

03

78,3

15,4

12

78,3

61,1

74

83,5

57,1

11

82,3

19,7

28

Cha

nge

in N

et P

ositi

onG

over

nmen

tal a

ctiv

ities

8,81

0,81

3

(2,2

33,4

67)

6,

537,

692

3,00

2,26

4

4,

146,

992

(3,0

55,0

05)

3,18

5,19

0

49

6,96

1

(890

,534

)

1,08

7,00

4

B

usin

ess-

type

act

iviti

es80

,996

58

,040

(6

97,5

25)

(7

66,7

53)

(5

21,7

36)

(2

07,5

71)

50

,446

(6,9

05)

69,9

82

47

7,21

5

Tota

l dis

trict

8,89

1,80

9

(2,1

75,4

27)

5,84

0,16

7

2,23

5,51

1

3,

625,

256

(3,2

62,5

76)

3,23

5,63

6

49

0,05

6

(820

,552

)

1,

564,

219

Sour

ce:

CAF

R S

ched

ule

A-2

136

J-3

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TFu

nd B

alan

ces,

Gov

ernm

enta

l Fun

ds,

Last

Ten

Fis

cal Y

ears

Una

udite

d

Fisc

al Y

ear E

ndin

g Ju

ne 3

0,20

0420

0520

0620

0720

0820

0920

1020

1120

1220

13

Gen

eral

Fun

dR

estri

cted

8,42

2,

31

13,

011,

740

2,98

2,68

1

C

omm

itted

510,

00

151

0,00

1

1,01

5,00

1

A

ssig

ned

-

-

-

Una

ssig

ned

(3,8

58,

69

6)(4

,570

,851

)

(4,4

11,4

42)

R

eser

ved

5,16

9,

594

12

0,

512

4, 13

1,53

76,

043,

698

8,

363,

171

9,

299,

140

10

,755

,856

U

nres

erve

d(4

35,

684)

(1,3

6

2,42

5)(1

,

143,

997)

( 1,4

78,5

76)

(1,4

42,1

26)

(4

,633

,036

)

(4,7

15,2

63)

To

tal g

ener

al fu

nd4,

733,

91

0(1

,24

1,

913)

2, 98

7,54

04,

565,

122

6,

921,

045

4,

666,

104

6,

040,

59

3

5,07

3,

61

6(1

,049

,110

)

(413

,760

)

All

Oth

er G

over

nmen

tal F

unds

Res

trict

ed

-

-

-

C

omm

itted

-

-

-

Ass

igne

d7,

666

-

-

Una

ssig

ned

(707

,

84

6)(6

90,1

89)

(731

,336

)

R

eser

ved

1,15

5,

078

1,22

0,

109

1, 21

4,61

61,

179,

085

1,

180,

077

-

-

Unr

eser

ved,

repo

rted

in:

Spe

cial

reve

nue

fund

329,

343

(25

5,69

8)

(255

,698

)(2

55,6

98)

(255

,698

)

(6

72,1

97)

(712

,762

)

C

apita

l pro

ject

s fu

nd29

3,64

6

246

,081

293,

646

293,

736

-

-

D

ebt s

ervi

ce fu

nd4

6,

665

(1

18,7

16)

(265

,933

)

60

,900

15

6,87

6

11

2,70

9

Per

man

ent f

und

-

-

Tota

l all

othe

r gov

ernm

enta

l fun

ds1,

484,

42

11,

30

4,72

21,

086,

283

951,

100

1,27

9,01

5

(515

,321

)

(6

00,0

5

3)

(700

,

18

0)(6

90,1

89)

(731

,336

)

Sou

rce:

CA

FR S

ched

ule

B-1

137

J-4

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Rev

enue

sTa

x le

vy7,

107,

206

7,

115,

003

7,

172,

732

7,

193,

739

7,86

6,26

4

7,

729,

849

7,91

4,02

7

8,

300,

657

8,

355,

292

8,

475,

546

Tu

ition

cha

rges

255,

919

378,

370

513,

499

212,

378

33

3,06

1

223,

829

14

3,07

3

47,4

91

44

5,07

2

56

4,96

0

M

isce

llane

ous

2,00

9,97

5

800,

779

1,20

5,73

4

697,

701

44

4,24

2

665,

237

1,

639,

504

907,

529

523,

759

189,

276

Loca

l sou

rces

1,34

3,42

8

Sta

te s

ourc

es63

,159

,797

68,3

74,4

31

73

,606

,161

75,4

64,9

73

77

,832

,110

74,6

36,2

53

66

,349

,323

75,2

40,4

59

78

,962

,395

80,0

16,3

39

Fe

dera

l sou

rces

4,01

4,39

6

3,26

6,64

0

4,71

4,09

8

4,40

5,44

6

4,

693,

200

4,10

3,01

6

12

,880

,086

5,24

2,94

2

6,17

0,14

5

3,26

9,46

3

Oth

er s

ourc

es2,

800

25

0

50

,864

Tota

l rev

enue

77,8

90,7

21

79

,935

,223

87,2

12,2

24

87

,977

,037

91,1

68,8

77

87

,358

,434

88,9

76,8

77

89

,739

,078

94,4

56,6

63

92

,515

,584

Expe

nditu

res

Inst

ruct

ion

Reg

ular

Inst

ruct

ion

19,0

16,3

76

23

,929

,788

19,6

53,3

55

20

,990

,555

21,2

62,7

83

22

,443

,303

22,2

33,1

65

25

,025

,937

24,0

15,8

89

23

,804

,255

Spe

cial

edu

catio

n in

stru

ctio

n3,

187,

426

3,

760,

287

3,

833,

527

3,

978,

121

3,96

6,40

1

3,

853,

351

3,93

9,30

9

4,

617,

142

4,

719,

675

4,

587,

053

O

ther

spe

cial

inst

ruct

ion

2,02

2,00

8

2,17

7,96

5

2,67

6,47

2

2,13

6,32

1

2,

507,

522

2,17

3,18

3

2,

609,

152

2,81

5,02

7

3,93

6,94

9

3,25

7,79

6

Oth

er in

stru

ctio

n12

5,25

3

S

uppo

rt S

ervi

ces:

Sum

mer

Sch

ool

5,02

6

16,8

14

Tu

ition

4,25

9,72

3

5,65

1,26

0

6,06

6,13

1

5,33

0,80

6

5,

636,

209

5,72

5,07

4

6,

049,

673

4,72

3,06

2

6,56

7,32

1

6,31

0,87

9

Stu

dent

& in

stru

ctio

n re

late

d se

rvic

es6,

467,

476

8,

406,

085

8,

504,

326

8,

846,

770

8,94

0,58

1

9,

436,

302

9,00

8,76

3

10

,167

,981

11,0

07,2

30

10

,798

,432

Sch

ool A

dmin

istra

tive

serv

ices

1,92

8,65

7

2,33

8,29

2

2,26

8,24

6

2,36

9,03

0

2,

556,

765

2,53

5,61

4

2,

494,

909

2,44

2,18

5

2,51

5,51

9

2,53

2,57

3

Oth

er a

dmin

istra

tive

serv

ices

5,23

0,98

3

6,70

0,40

4

6,32

3,94

5

6,42

4,25

0

6,

249,

630

6,96

4,44

4

6,

412,

261

5,69

4,90

2

5,25

3,36

5

5,26

9,40

1

Pla

nt o

pera

tions

and

mai

nten

ance

4,32

2,47

4

5,16

3,12

0

4,90

1,36

1

5,14

4,63

1

6,

018,

890

7,03

8,88

6

6,

541,

126

7,41

0,88

6

7,70

9,67

3

8,08

6,92

1

Pup

il tra

nspo

rtatio

n1,

737,

819

2,

424,

240

2,

889,

682

2,

363,

569

2,22

1,85

0

2,

146,

098

1,68

3,39

6

1,

851,

353

1,

889,

540

1,

705,

436

U

nallo

cate

dem

ploy

eebe

nefit

s12

426

737

1247

485

415

569

529

1828

371

118

773

999

1765

568

615

150

480

1531

652

717

592

113

1940

551

0

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TC

hang

es in

Fun

d B

alan

ces,

Gov

ernm

enta

l Fun

ds,

Last

Ten

Fis

cal Y

ears

Una

udite

d

Una

lloca

ted

empl

oyee

ben

efits

12,4

26,7

37

12

,474

,854

15,5

69,5

29

18,2

83,7

11

18,7

73,9

99

17,6

55,6

86

15,1

50,4

80

15,3

16,5

27

17,5

92,1

13

19,4

05,5

10

Food

Ser

vice

sS

peci

al S

choo

ls1,

606

9,

510

C

harte

r Sch

ools

5,18

3,14

3

5,99

2,30

7

5,59

4,51

2

5,72

0,54

1

5,

803,

873

6,07

2,46

6

6,

441,

525

6,00

1,32

5

6,54

1,45

9

2,89

9,60

2

Cap

ital o

utla

y1,

587,

981

1,

194,

936

1,

892,

969

63

4,57

6

582,

378

78

8,89

1

869,

639

83

6,38

7

3,

952,

435

34

7,29

2

D

ebt s

ervi

ce:

Prin

cipa

l1,

725,

000

1,

800,

000

2,

420,

000

2,

208,

000

2,25

0,00

0

2,

345,

000

2,51

5,00

0

2,

580,

000

2,

655,

000

2,

740,

000

In

tere

st a

nd o

ther

cha

rges

2,14

2,83

0

2,05

9,48

5

1,60

5,50

4

1,78

3,65

7

1,

679,

913

1,60

4,38

7

1,

412,

092

1,32

3,46

8

1,21

3,23

0

1,09

9,39

7

Tota

l exp

endi

ture

s71

,238

,633

84,0

73,0

23

84

,324

,812

86,2

16,1

44

88

,450

,794

90,7

87,7

11

87

,377

,304

90,8

06,1

82

99

,569

,398

92,8

54,0

57

E

xces

s (D

efic

ienc

y) o

f rev

enue

s o

ver (

unde

r) ex

pend

iture

s6,

652,

088

(4

,137

,800

)

2,

887,

412

1,

760,

893

2,71

8,08

3

(3

,429

,277

)

1,

599,

573

(1,0

67,1

04)

(5,1

12,7

35)

(338

,473

)

Oth

er F

inan

cing

sou

rces

(use

s)A

djus

tmen

t to

prio

r yea

r lia

bilit

ies

1,12

3,60

2

(318

,494

)

Adj

ustm

ent t

o pr

ior y

ear r

even

ue(3

4,24

5)

(3

09,8

16)

P

roce

eds

of re

fund

ing

debt

31,6

05,0

00

4,

250,

000

Pay

men

t to

refu

nded

deb

t esc

row

age

nt(3

1,86

2,29

6)

(4,8

70,0

00)

Orig

inal

issu

e pr

emiu

m

257,

296

Tran

sfer

s in

546,

638

116,

877

11

6,87

7

1,65

8,54

1

24

5,83

9

294,

936

675,

428

147,

468

Tran

sfer

s ou

t(5

9,44

7)

(5

46,6

38)

(1

16, 8

77)

(1

16,8

77)

(1

,658

,541

)

(2

45,8

39)

(2

94,9

36)

(6

75,4

28)

(1

47,4

68)

To

tal o

ther

fina

ncin

g so

urce

s (u

ses)

(59,

447)

-

1,

123,

602

(3

18,4

94)

(3

4,24

5)

(6

20,0

00)

(3

09,8

16)

-

-

-

Net

cha

nge

in fu

nd b

alan

ces

6,59

2,64

1

(4,1

37,8

00)

4,01

1,01

4

1,44

2,39

9

2,

683,

838

(4,0

49,2

77)

1,28

9,75

7

(1

,067

,104

)

(5

,112

,735

)

(3

38,4

73)

Deb

t ser

vice

as

a pe

rcen

tage

of

nonc

apita

l exp

endi

ture

s5.

55%

4.66

%4.

88%

4.66

%4.

47%

4.39

%4.

54%

4.34

%4.

05%

4.15

%

Sou

rce:

CA

FR S

ched

ule

B-2

138

J-5

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TG

ener

al F

und

Oth

er L

ocal

Rev

enue

by

Sour

ceLa

st T

en F

isca

l Yea

rsU

naud

ited

Prio

r Yea

rC

ance

lled

Busi

ness

Fisc

al Y

ear

Inte

rest

on

Tuiti

onR

efun

d of

Li

aibi

litie

sAc

coun

tsC

ontri

butio

nPe

rson

alEn

ded

June

30,

Inve

stm

ents

Rev

enue

Ren

tals

Expe

nditu

res

Void

edPa

yabl

eto

Afte

r Sch

ool

Prop

erty

Tax

Mis

cella

neou

sTo

tal

2003

53,3

02

254,

122

20,9

40

340,

204

26,0

60

34

9,48

4

1,

044,

112

20

0416

,704

25

5,91

9

20

,967

17

2,08

9

1,

502,

086

1,

967,

765

20

0560

,289

22

,992

16

,205

24

2,96

7

333,

118

675,

571

2006

150,

984

513,

499

18,5

80

132,

262

118,

961

1,

004,

641

39

0,41

2

2,

329,

339

20

0722

4,62

9

21

2,37

8

22

,105

98

,864

35

2,10

3

91

0,07

9

20

0819

5,75

0

43

,254

10

6,90

4

98,3

34

444,

242

2009

51,2

51

22,5

43

12,1

23

284,

310

79

,300

215,

710

665,

237

2010

15,5

76

11,6

55

62,6

67

499,

912

22

9,27

9

20

2,25

1

670,

633

1,69

1,97

3

2011

10,3

80

8,58

0

27

2,03

3

33

7,34

8

116,

341

162,

807

907,

489

2012

2,80

8

12,2

03

101,

339

125,

544

127,

675

154,

166

-

523,

735

2013

2

17,8

50

153,

582

17,8

52

189,

286

Sour

ce: D

istri

ct R

ecor

ds

139

J-6

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TA

sses

sed

Valu

e an

d A

ctua

l Val

ue o

f Tax

able

Pro

pert

y,La

st T

en F

isca

l Yea

rsU

naud

ited

Fis

cal

Yea

r E

nded

Ju

ne 3

0,

Vac

ant L

and

Res

iden

tial

Far

m R

eg.

Qfa

rm C

omm

erci

al

Indu

stria

l A

partm

ent

Tot

al A

sses

sed

Val

ue

Les

s:

T

ax-

Exe

mpt

P

rope

rty

Pub

lic U

tiliti

es a

Net

Val

uatio

n Ta

xabl

e

Tot

al D

irect

S

choo

l Tax

Rat

e b

Est

imat

ed A

ctua

l (C

ount

y E

qual

ized

V

alue

)

2003

13,4

86,4

00

34

4,22

0,20

0

94

,741

,500

42,0

46,0

00

26

,886

,200

521,

380,

300

15

,610

,773

536,

991,

073

1.

321

61

9,86

7,33

6

20

0412

,831

,000

348,

488,

400

94,4

48,8

00

43

,111

,200

26,9

06,6

00

52

5,78

6,00

0

14,3

47,5

15

54

0,13

3,51

5

1.30

0

718,

453,

731

2005

12,5

48,4

00

35

3,22

6,30

0

96

,395

,100

44,4

31,6

00

26

,906

,600

533,

508,

000

13

,303

,685

546,

811,

685

1.

145

81

7,84

5,77

5

20

0612

,598

,200

356,

600,

700

98,1

58,4

00

46

,418

,700

26,9

06,6

00

54

0,68

2,60

0

10,9

12,2

09

55

1,59

4,80

9

1.27

9

849,

260,

676

2007

13,5

11,0

00

36

0,72

0,70

0

98

,026

,900

47,8

97,7

00

26

,924

,600

547,

080,

900

9,

399,

699

556,

480,

599

1.

360

1,

033,

331,

910

20

0813

,849

,800

362,

853,

000

99,7

47,9

00

51

,727

,400

26,8

09,2

00

55

4,98

7,30

0

8,25

1,55

3

56

3,23

8,85

3

1.38

5

1,21

7,19

0,35

1

2009

13,5

31,5

00

36

7,41

8,30

0

10

1,56

2,50

0

52

,550

,300

26,1

46,5

00

56

1,20

9,10

0

6,62

4,06

2

56

7,83

3,16

2

1.36

1

1,30

8,97

8,10

9

c20

1024

,659

,300

645,

702,

500

199,

273,

000

101,

303,

800

80

,983

,600

1,05

1,92

2,20

0

14

,837

,550

1,06

6,75

9,75

0

0.

738

1,

267,

793,

014

20

1124

,151

,800

650,

990,

900

198,

005,

300

100,

254,

700

75

,872

,500

1,04

9,27

5,20

0

12

,920

,672

1,06

2,19

5,87

2

0.

780

1,

206,

247,

586

20

1226

,949

,100

649,

234,

905

191,

744,

500

100,

910,

600

72

,552

,095

1,04

1,39

1,20

0

13

,540

,598

1,05

4,93

1,79

8

0.

790

1,

170,

746,

131

20

1325

,869

,000

646,

682,

800

179,

545,

000

91,2

81,9

00

61

,876

,395

1,00

5,25

5,09

5

11

,640

,996

1,01

6,89

6,09

1

0.

820

1,

026,

885,

803

Sou

rce:

Dis

trict

reco

rds

Tax

list s

umm

ary

& M

unic

ipal

Tax

Ass

esso

r

Not

e:

Rea

sses

smen

t occ

urs

whe

n or

dere

d by

the

Cou

nty

Boa

rd o

f Tax

atio

n

aTa

xabl

e V

alue

of M

achi

nery

, Im

plem

ents

and

Equ

ipm

ent o

f Tel

epho

ne, T

eleg

raph

and

Mes

seng

er S

yste

m C

ompa

nies

bTa

x ra

tes

are

per $

100

cTh

e C

ity c

ondu

cted

a re

valu

atio

n in

201

0

Rea

l pro

perty

is re

quire

d to

be

asse

ssed

at s

ome

perc

enta

ge o

f tru

e va

lue

(fair

or m

arke

t val

ue) e

stab

lishe

d by

eac

h co

unty

boa

rd o

f tax

atio

n.

140

J-7CITY OF PLEASANTVILLE SCHOOL DISTRICT

Direct and Overlapping Property Tax RatesRate per $100 of Assessed Value

Last Ten Fiscal YearsUnaudited

Basic Rate a

General Obligation Debt

Service b Total Direct

City of Pleasant-

ville Atlantic County

Total Direct and Overlapping Tax

Rate Fiscal Year

Ended June 30,

2003 1.321 - 1.321 1.880 0.530 3.731 2004 1.138 0.162 1.300 1.941 0.546 3.787 2005 1.128 0.018 1.145 2.297 0.557 3.999 2006 1.118 0.161 1.279 2.408 0.564 4.251 2007 1.118 0.242 1.360 2.535 0.533 4.428 2008 1.104 0.280 1.385 2.625 0.618 4.627 2009 1.139 0.222 1.361 2.743 0.691 4.796 2010 c 0.627 0.111 0.738 1.669 0.376 2.783 2011 d 0.626 0.153 0.780 1.793 0.407 2.980 2012 d 0.636 0.154 0.790 1.805 0.411 3.006 2013 0.660 0.160 0.820 1.872 0.426 3.118

Source: District Records and Municipal Tax Collector

Note: NJSA 18A:7F-5d limits the amount that the district can submit for a general fund tax levy . The levy when added to other componentsof the district's net budget may not exceed the prebudget year net budget by more than the spending growth limitation calculation.

a The district's basic tax rate is calculated from the A4F form which is submitted with the budget and the Net valuation taxable.

b Rates for debt service are based on each year's requirements.

c The City conducted a revaluation of property which was effective for 2010

d Th b i t dj t d b th B d f T ti f St t Aid f B i P t T

City of Pleasantville Board of Education Overlapping Rates

d The basic rate was adjusted by the Board of Taxation for State Aid for Business Property Tax

141

J-8

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TPr

inci

pal P

rope

rty

Tax

Paye

rs,

Cur

rent

Yea

r and

Nin

e Ye

ars

Ago

Una

udite

d

Taxa

ble

% o

f Tot

alTa

xabl

e%

of T

otal

Ass

esse

dR

ank

Dis

trict

Net

A

sses

sed

Ran

kD

istri

ct N

et

Taxp

ayer

Val

ue[O

ptio

nal]

Ass

esse

d V

alue

Val

ue[O

ptio

nal]

Ass

esse

d V

alue

Eas

t Coa

st L

andi

ng A

pts

LLC

24,1

55,5

95

1

2.38

%8,

995,

600

3

1.67

%A

pple

Far

m L

LC &

LE

JO C

orp

15,1

00,0

00

2

1.48

%9,

125,

400

2

1.69

%C

alifo

rnia

App

artm

ent A

ssoc

12,2

18,6

00

3

1.20

%4,

800,

000

5

0.89

%V

eriz

on N

J P

rop

TAX

Dep

t11

,640

,996

4

1.

14%

17,9

73,3

15

1

3.

33%

Mar

ina

Del

rey

Ass

oc. L

LC10

,632

,400

5

1.

05%

4,69

6,50

0

6

0.

87%

Sam

's R

eal E

ST

Bus

ines

s Tr

ust

8,08

3,10

0

6

0.

79%

4,56

5,80

0

7

0.

85%

1006

Mai

n S

treet

, LLC

7,64

2,80

0

7

0.

75%

0.00

%A

barta

Cor

p &

So

Jers

ey7,

000,

000

8

0.69

%0.

00%

Gre

en-W

ood

Ass

oc6,

738,

400

9

0.66

%4,

526,

900

8

0.84

%P

leas

ant A

cres

Apa

rtmen

ts L

LC6,

117,

200

10

0.

60%

0.00

%S

outh

Jer

sey

Pub

lishi

ng0.

00%

7,82

6,80

0

4

1.

45%

Coa

ch U

SA

0.00

%4,

082,

800

9

0.76

%O

ak T

ree

Vill

age

0.00

%3,

561,

600

10

0.66

%

2013

2004

g

Tota

l10

9,32

9,09

1

10

.75%

70,1

54,7

15

13

.06%

Net

Val

uatio

n Ta

xabl

e1,

016,

896,

091

54

0,13

3,51

5

Sou

rce:

Dis

trict

CA

FR &

Mun

icip

al T

ax A

sses

sor

142


Property Tax Levies and Collections,Last Ten Fiscal Years

Unaudited

Amount Percentage

of Levy

2004 7,107,206 7,107,206 100% - 2005 7,115,003 7,115,003 100% - 2006 7,193,739 7,193,739 100% - 2007 7,569,370 7,569,370 100% - 2008 7,866,264 7,866,264 100% - 2009 7,729,849 7,729,849 100% - 2010 7,914,027 7,914,027 100% - 2011 8,300,657 8,300,657 100% - 2012 8,355,292 8,355,292 100% - 2013 8,475,546 8,475,546 100% -

Source: District records including the Certificate and Report of School Taxes (A4F form)

Note: School taxes are collected by the Municipal Tax Collector. Under New Jersey State Statute,

Fiscal Year

Ended June 30,

Taxes Levied for the Fiscal

Year

Collected within the Fiscal Year of the Levy Collections in

Subsequent Years

Note: School taxes are collected by the Municipal Tax Collector. Under New Jersey State Statute, a municipality is required to remit to the school district the entire property tax balance, in is the amount voted upon or certified prior to the end of the school year.

143

J-10

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TR

atio

s of

Out

stan

ding

Deb

t by

Type

Last

Ten

Fis

cal Y

ears

Una

udite

d

Bus

ines

s-Ty

pe

Act

iviti

es

Fis

cal

Yea

r E

nded

Ju

ne 3

0,

Gen

eral

O

blig

atio

n B

onds

bC

ertif

icat

es o

f P

artic

ipat

ion

Cap

ital L

ease

s

Bon

d A

ntic

ipat

ion

Not

es

(BA

Ns)

Cap

ital L

ease

sTo

tal D

istri

ct

Per

cent

age

of

Per

sona

l In

com

e a

Per

Cap

ita a

2003

34,5

43,0

00

8,

950,

000

2,

551,

813

-

-

46,0

44,8

13

7.28

7%2,

436

20

0433

,343

,000

7,90

0,00

0

2,04

7,64

7

-

-

43

,290

,647

6.

641%

2,28

7

2005

35,5

98,0

00

7,

350,

000

1,

010,

958

-

-

43,9

58,9

58

6.56

1%2,

332

20

0633

,753

,000

6,77

5,00

0

588,

250

-

20,0

60

41,1

36,3

10

5.92

2%2,

184

20

0732

,150

,000

6,17

0,00

0

172,

593

-

-

38

,492

,593

5.

347%

2,05

1

2008

30,5

35,0

00

5,

535,

000

-

-

-

36

,070

,000

4.

860%

1,91

3

2009

28,8

85,0

00

4,

250,

000

-

-

-

33

,135

,000

4.

595%

1,75

4

2010

27,1

40,0

00

3,

450,

000

-

-

-

30

,590

,000

3.

799%

1,51

0

2011

25,3

85,0

00

2,

625,

000

-

-

-

28

,010

,000

3.

438%

1,38

4

2012

23,5

75,0

00

1,

780,

000

-

-

-

25

,355

,000

3.

153%

1,25

3

2013

21,7

05,0

00

91

0,00

0

22

,615

,000

2.

707%

1,09

0

Gov

ernm

enta

l Act

iviti

es

Sou

rce:

Dis

trict

CA

FR S

ched

ules

I-1,

I-2

Not

e: D

etai

ls re

gard

ing

the

dist

rict's

out

stan

ding

deb

t can

be

foun

d in

the

note

s to

the

finan

cial

sta

tem

ents

.

aS

ee E

xhib

it N

J J-

14 fo

r per

sona

l inc

ome

and

popu

latio

n da

ta.

Thes

e ra

tios

are

calc

ulat

ed u

sing

per

sona

l inc

ome

and

popu

latio

n fo

r the

prio

r cal

enda

r yea

r.

bIn

clud

es E

arly

Ret

irem

ent I

ncen

tive

Pla

n (E

RIP

) ref

undi

ng

144


Ratios of Net General Bonded Debt OutstandingLast Ten Fiscal Years

Unaudited

Fiscal Year

Ended June 30,

General Obligation

Bonds Deductions

Net General Bonded Debt Outstanding

Percentage of Actual Taxable

Value a of Property Per Capita b

2003 34,543,000 - 34,543,000 4.64% 1,827 2004 33,343,000 - 33,343,000 4.35% 1,762 2005 35,598,000 - 35,598,000 3.97% 1,889 2006 33,753,000 - 33,753,000 3.11% 1,792 2007 32,150,000 - 32,150,000 3.11% 1,713 2008 30,535,000 - 30,535,000 2.51% 1,620 2009 28,885,000 - 28,885,000 2.21% 1,529 2010 27,140,000 - 27,140,000 2.14% 1,340 2011 25,385,000 - 25,385,000 2.10% 1,255 2012 23,575,000 - 23,575,000 2.01% 1,165 2013 21,705,000 21,705,000 2.11% 1,046

Note: Details regarding the district's outstanding debt can be found in the notes to the financial statements.S E hibi NJ J 6 f d

General Bonded Debt Outstanding

a See Exhibit NJ J-6 for property tax data. b Population data can be found in Exhibit NJ J-13.

145

J-12

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TR

atio

s of

Ove

rlapp

ing

Gov

ernm

enta

l Act

iviti

es D

ebt

As

of J

une

30, 2

013

Una

udite

d

Gov

ernm

enta

l Uni

t D

ebt

Out

stan

ding

Est

imat

ed

Per

cent

age

App

licab

le a

Est

imat

ed

Sha

re o

f O

verla

ppin

g D

ebt

Deb

t rep

aid

with

pro

pert

y ta

xes

City

of P

leas

antv

ille

16,2

59,4

78$

10

0.00

%16

,259

,478

Oth

er d

ebt A

tlant

ic C

ount

y13

9,96

7,63

5

2.42

%3,

381,

990

Sub

tota

l, ov

erla

ppin

g de

bt19

,641

,468

Cit

fPl

till

Sh

lDi

ti

tdbt

2170

500

010

000

%21

705

000

City

of P

leas

antv

ille

Scho

ol D

istr

ict d

ebt

21,7

05,0

00

100.

00%

21,7

05,0

00

Tota

l dire

ct a

nd o

verla

ppin

g de

bt41

,346

,468

$

Sour

ces:

City

of P

leas

antv

ille

Fina

nce

Offi

cer,

Atla

ntic

Cou

nty

Fina

nce

Offi

ce

Not

e:

Ove

rlapp

ing

gove

rnm

ents

are

thos

e th

at c

oinc

ide,

at l

east

in p

art,

with

the

geog

raph

ic b

ound

arie

s of

the

Dis

trict

. Th

is s

ched

ule

estim

ates

the

porti

on o

f the

out

stan

ding

deb

t of t

hose

ove

rlapp

ing

gove

rnm

ents

that

is b

orne

by

the

resi

dent

s an

d bu

sine

sses

of t

he C

ity o

f Ple

asan

tvill

e. T

his

proc

ess

reco

gniz

es th

at, w

hen

cons

ider

ing

the

Dis

trict

's a

bilit

y to

issu

e an

d re

pay

long

-term

debt

, the

ent

ire d

ebt b

urde

n bo

rne

by th

e re

side

nts

and

busi

ness

es s

houl

d be

take

n in

to a

ccou

nt.

How

ever

this

doe

s no

t im

ply

that

ev

ery

taxp

ayer

is a

resi

dent

, and

ther

efor

e re

spon

sibl

e fo

r rep

ayin

g th

e de

bt, o

f eac

h ov

erla

ppin

g pa

ymen

t.

aFo

r deb

t rep

aid

with

pro

perty

taxe

s, th

e pe

rcen

tage

of o

verla

ppin

g de

bt a

pplic

able

is e

stim

ated

usi

ng ta

xabl

e as

sess

ed p

rope

rty v

alue

s.A

pplic

able

per

cent

ages

wer

e es

timat

ed b

y de

term

inin

g th

e po

rtion

of a

noth

er g

over

nmen

tal u

nit's

taxa

ble

valu

e th

at is

with

in th

e di

stric

t's b

ound

arie

s an

d di

vidi

ng it

by

each

uni

t's to

tal t

axab

le v

alue

.

146

pr b

lt

btth

li

J-13

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TLe

gal D

ebt M

argi

n In

form

atio

n,La

st T

en F

isca

l Yea

rsU

naud

ited

Lega

l Deb

t Mar

gin

Cal

cula

tion

for F

isca

l Yea

r 201

3

Equ

aliz

ed v

alua

tion

basi

s

2012

1,04

0,76

6,74

0$

2011

1,15

5,20

7,75

1

2010

1,18

7,27

1,10

6

[A]

3,38

3,24

5,59

7

Ave

rage

equ

aliz

ed v

alua

tion

of ta

xabl

e op

erty

[A/3

]1,

127,

748,

532

D

ebt l

imit

(4%

of a

vera

geeq

ualiz

atio

n va

lue)

[B]

45,1

09,9

41

aN

et b

onde

d sc

hool

de

t[C

]21

,705

,000

Le

gal d

ebt m

argi

n[B

-C]

23,4

04,9

41

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Deb

t lim

it22

,8

40

,851

25

,146

,897

20

,363

,482

37,4

12,4

5

1

39,8

99

,6

4345

,935

,138

4

9,

285,

520

50

,555

,866

48,9

70,9

62

45

,109

,941

Tota

l net

deb

t app

licab

le to

lim

it33

,3

43

,000

35

,598

,000

33

,753

,000

32,1

50,0

0

0

30,5

35

,0

0028

,885

,000

2

7,

140,

000

25

,385

,000

23,5

75,0

00

21

,705

,000

Lega

l deb

t mar

gin

(15,

2

84

,374

)

(

10,4

51,1

03)

(10,

502,

149)

(1

0,45

1,10

3)

(13,

389

,518

)

5

,262

,451

2

2,

145,

520

25

,170

,866

25,3

95,9

62

23

,404

,941

Tota

lnet

debt

appl

icab

leto

the

limit

Tota

ne

de

app

licab

le to

e

mit

as a

per

cent

age

of d

ebt l

imit

145.

98%

141.

56%

165.

75%

85.9

3%76

.53%

62.8

8%55

.07%

50.2

1%48

.14%

48.1

2%

Info

rmat

ion

for a

ll 10

yea

rs w

as n

ot a

vaila

ble

Sou

rce:

Abs

tract

of R

atab

les

and

Dis

trict

Rec

ords

CA

FR S

ched

ule

J-7

147


Demographic and Economic StatisticsLast Ten Fiscal Years

Unaudited

Year Population a

Personal Income

(thousands of dollars) b

Per Capita Personal Income c

Unemployment Rate d

2003 18,903 631,871 33,427 10.70%2004 18,926 651,849 34,442 10.70%2005 18,847 670,049 35,552 9.40%2006 18,838 694,632 36,874 9.40%2007 18,771 719,887 38,351 8.00%2008 18,851 742,164 39,370 8.00%2009 18,888 721,049 38,175 9.90%2010 20,259 805,214 39,746 17.20%2011 20,234 814,661 40,262 17.60%2012 20,750 835,437 40,262 18.50%2013 20,750 835,437 40,262 18.50%

Source: P l ti i f ti id d b th NJ D t f L b d W kf D l ta Population information provided by the NJ Dept of Labor and Workforce Development

2013 is based on 2012 informationb Personal income is calculated by multiplying per capita income by the populationc Per Capita Income US Department of Commerce, Bureau of Economic Analysis

revised April 2012 - 2012 and 13 are based on 2011d Unemployment data provided by the NJ Dept of Labor and Workforce Development

2013 based on 2012 information

148

J-15

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TPr

inci

pal E

mpl

oyer

s,C

urre

nt Y

ear a

nd tw

o Ye

ars

Ago

Una

udite

d

Empl

oyer

Empl

oyee

s R

ank

(Opt

iona

l)

Perc

enta

ge o

f To

tal

Empl

oym

ent

Empl

oyee

s R

ank

(Opt

iona

l)

Per

cent

age

of

Tota

l Em

ploy

men

t

Ple

asan

tvill

e B

oard

of E

duca

tion

943

1

75

5

1

City

of P

leas

antv

ille

210

2

22

0

2

Sam

's E

ast I

nc.

147

3

14

0

3

Gre

en W

ood

Ass

ocia

tes

141

4

14

1

4

Aba

rta C

orp/

SJ

Pub

lishi

ng12

7

5

Ple

asan

t Acr

e A

partm

ents

58

6

A

pple

Far

ms

39

7

C

alifo

rmia

Apa

rtmen

ts36

8

1006

Sou

th M

ainL

LC31

9

Ver

izon

25

10

M

arin

a D

elR

ey14

11

E

ast C

oast

Lan

ding

, LLC

13

12

Atla

ntic

City

Coi

n &

Slo

t 12

8

5

2013

2011

AC

LS P

leas

antv

ille

75

6

K

-Mar

t58

7

Com

mun

ity R

ealtt

y M

anag

emen

t43

8

AC

LS W

ardr

obe

Inc.

39

9

C

arin

g In

c.35

10

1,78

4

1,

634

Sour

ce:

D

istri

ct B

oard

offi

ce a

nd N

ew J

erse

y D

epar

tmen

t of L

abor

and

Wor

kfor

ce D

evel

opm

ent L

abor

Pla

nnin

g an

d A

naly

sis

Loca

l Are

a U

nem

ploy

men

t Sta

tistic

s

The

info

rmat

ion

from

9 y

ears

prio

r an

d th

e to

tal

empl

oyee

s w

ere

not a

vaila

ble,

the

info

rmat

ion

from

201

1 is

pre

sent

edS

ince

tota

l em

ploy

ees

are

not a

vaila

ble,

the

perc

enta

ges

are

not p

rese

nted

149

J-16

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TFu

ll-tim

e Eq

uiva

lent

Dis

tric

t Em

ploy

ees

by F

unct

ion/

Prog

ram

,La

st E

ight

Fis

cal Y

ears

Una

udite

d

2006

20

07

200

8 20

09

2010

20

11

2012

20

13

Func

tion/

Prog

ram

Inst

ruct

ion

Reg

ular

261

.0

2

83

.0

308.

5

308.

5

30

1.0

286.

0

29

2

280.

0

S

peci

al e

duca

tion

57

.0

57.

0

64.0

64.0

64

.

069

.0

74

68.0

O

ther

spe

cial

edu

catio

n16

.0

1

6.0

-

3.0

3

3.0

V

ocat

iona

l7.

0

7

5.

0

Oth

er in

stru

ctio

n30

.0

3

0.0

12

1.0

12

1.0

116.

010

9.0

113

14

8.0

Non

publ

ic s

choo

l pro

gram

sA

dult/

cont

inui

ng e

duca

tion

prog

ram

s

11.0

11.0

11

.

011

.0

11

-

Sup

port

Ser

vice

s:Tu

ition

77.0

84.0

S

tude

nt &

inst

ruct

ion

rela

ted

serv

ices

60

.0

62.

0

31.0

31.0

31

.

030

.0

31

31.0

G

ener

al a

dmin

sitra

tive

serv

ices

19

.0

14.

0

5.0

5.0

5.

0

4.0

7

6.0

S

choo

l adm

inis

trativ

e se

rvic

es34

.0

3

3.0

54

.0

54

.0

52.

0

49.0

55

85

.0

Bus

ines

s ad

min

sitra

tive

serv

ices

21

.0

21.

0

23.0

23.0

21

.

014

.0

12

12.0

P

lant

ope

ratio

ns a

nd m

aint

enan

ce83

.01

04.0

97

.0

97

.0

99.

0

95.0

81

51

.0

Pup

il tra

nspo

rtatio

n

6.

0

8.

0

9.

0

9.

0

11.

0

13.0

8

8.0

S

peci

al S

choo

lsp

Food

Ser

vice

39.0

39.0

C

hild

Car

e71

.0

9

0.0

4.

0

4.

0

4.

04.

0

4

-

Tota

l77

4

.08

41.0

72

7.5

72

7.5

1,40

9.

069

4.0

698.

0

69

7.0

GA

SB

requ

ires

10 fi

scal

yea

rs, t

here

wer

e on

ly e

ight

yea

rs o

f dat

a av

aila

ble

Sour

ce: D

istr

ict P

erso

nnel

Rec

ords

150

J-17

C

ITY

OF

PLEA

SAN

TVIL

LE S

CH

OO

L D

ISTR

ICT

Ope

ratin

g St

atis

tics

Last

Ten

Fis

cal Y

ears

Una

udite

d

Fis

cal

Year

En

rollm

ent d

Ope

ratin

g Ex

pend

iture

s a C

ost P

er

Pupi

l P

erce

ntag

e C

hang

e Te

achi

ng S

taff

b E

lem

enta

ry

Mid

dle

Scho

ol

A

ltern

ativ

e Sc

hool

H

igh

Scho

ol

Ave

rage

D

aily

En

rollm

ent

(AD

E) c

Ave

rage

Dai

ly

Atte

ndan

ce

(AD

A) c

% C

hang

e in

A

vera

ge D

aily

En

rollm

ent

Stu

dent

A

ttend

ance

Pe

rcen

tage

200

4

3,80

6

6

5,78

2,82

2

1

6,78

1 0.

79%

-

10:1

4,00

7

3,6

95

14.3

6%92

.21%

2005

3,

710

79,

018,

602

19,

516

16.2

9%

- 12

:1

3,

400

3

,127

-1

5.15

%91

.97%

2006

3,

671

78,

406,

339

20,

595

5.53

%

77

4

3,

671

3

,407

7.

97%

92.8

0%20

07

3,67

4

8

1,58

9,91

1

2

2,37

8 8.

66%

8

41

15.0

:1

7.1:

1 4.

0:1

24.

0:1

3

,674

3,50

5 0.

08%

95.4

0%20

083,

682

83,9

38,5

03

22,

797

1.87

%2,

885

2,72

6

-21.

48%

94.4

9%20

093,

716

86,0

49,4

33

23,

156

1.58

%3,

276

3,10

6

13.5

5%94

.81%

2010

3,78

9

82

,580

,573

2

1,79

5 -5

.88%

3,70

1

3,

455

12

.97%

93.3

5%20

113,

748

86,0

66,3

27

22,

963

5.36

%3,

691

3,47

0

-0.2

7%94

.00%

2012

3,75

8

91

,748

,733

2

4,41

4 6.

32%

517

6:1

8:1

7:1

3,85

2

3,

632

4.

36%

94.2

9%20

133,

901

88,6

57,8

58

22,

727

-1.0

3%52

1

9.

5:1

8:1

7.7:

13,

898

3,66

7

5.61

%94

.07%

Sour

ces:

D

istr

ict r

ecor

ds, A

SSA

and

Sch

edul

es J

-12,

J-1

4

Not

e: E

nrol

lmen

t bas

ed o

n an

nual

Oct

ober

dis

tric

t cou

nt.

aO

pera

ting

expe

nditu

res

equa

l tot

al e

xpen

ditu

res

less

deb

t ser

vice

and

cap

ital o

utla

y; S

ched

ule

J-1

bTe

achi

ng s

taff

incl

udes

onl

y fu

ll-tim

e eq

uiva

lent

s of

cer

tific

ated

sta

ff.c

Ave

rage

dai

ly e

nrol

lmen

t and

ave

rage

dai

ly a

ttend

ance

are

obt

aine

d fro

m th

e S

choo

l Reg

iste

r Sum

mar

y (S

RS

).c

Obt

aine

d fro

m S

tar S

tude

nt re

gist

er

All

requ

ired

info

rmat

ion

was

not

ava

ilabl

e

Pupi

l/Tea

cher

Rat

io

151


School Building InformationLast Eight Fiscal Years

Unaudited

2006 2007 2008 2009 2010 2011 2012 2013 District BuildingAlternative School1925Decatur Greyhound Academy

Square Feet 28,409 28,409 28,409 28,409 28,409 28,409 28,409 28,409 Capacity (students) 198 198 198 198 198 198 198 Enrollment 41 41 399 195 202 202 202

Elementary1966

Washington AvenueSquare Feet 77,375 77,375 77,375 77,375 77,375 77,375 77,375 77,375 Capacity (students) 430 309 309 309 309 309 309 309 Enrollment 515 294 294 406 389 410 392 409

1983Leeds AvenueSquare Feet 60,216 60,216 60,216 60,216 60,216 60,216 60,216 60,216 Capacity (students) 600 477 477 477 477 477 477 477 Enrollment a 580 462 462 521 538 543 621 619

1973North Main StreetSquare Feet 86,497 86,497 86,497 86,497 86,497 86,497 86,514 86,514 Capacity (students) 457 186 186 186 186 186 186 186 Enrollment 384 177 177 322 320 284 324 417

1968South Main StreetSquare Feet 86,514 86,514 86,514 86,514 86,514 86,514 86,514 86,514 Capacity (students) 456 399 399 399 399 399 399 399 Enrollment 581 344 344 470 455 465 550 556

Middle School1998

Square Feet 132,671 132,671 132,671 132,671 132,671 132,671 132,671 132,671 Capacity (students) 655 924 924 924 924 924 924 924 Enrollment 665 487 487 640 985 626 740 745

High School1998

Square Feet 142,020 142,020 142,020 142,020 142,020 142,020 142,020 142,020

Capacity (students) 893 745 745 745 745 745 745 745

Enrollment 913 680 680 958 945 899 761 766

Pre-School

Square Feet

Capacity (students)

Enrollment 445 401 400

Number of Schools at June 30, 2013Early Learning Center = 1Elementary = 4Middle School = 1High School = 1Other = 1

Source: District records, ASSANote: Year of original construction is shown in parentheses. Increases in square footage and capacity are the result of

and additions. Enrollment is based on the annual October district count.

Information is available only for the last eight fiscal years

152

11

11

11

11

J-19

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TG

ener

al F

und

Sche

dule

of R

equi

red

Mai

nten

ance

for S

choo

l Fac

ilitie

sLa

st T

en Y

ears

Una

udite

d

UN

DIS

TRIB

UTE

D E

XPEN

DIT

UR

ES -

REQ

UIR

ED M

AIN

TEN

ANC

E FO

R S

CH

OO

L FA

CIL

ITIE

S11

-000

-261

-XXX

Scho

ol F

acilit

ies

Proj

ect #

(s)

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Hig

h Sc

hool

N/A

477,

597

29

6,75

3

263,

9

29

22

0,97

030

2,71

8

264,

447

30

7,9

15

354,

365

41

2,50

0

568,

724

Mid

dle

Scho

olN

/A13

8,11

8

277,

219

24

6,5

55

206,

424

261,

915

54

4,73

3

239,

7

0130

5,56

0

326,

777

43

5,75

2

Leed

s Av

enue

N/A

70,8

75

125,

822

11

1,9

05

93,6

91

171,

605

10

8,28

6

191,

4

5330

4,20

5

172,

000

19

2,32

7

Was

hing

ton

Ave.

N/A

58,2

94

161,

677

14

3,7

93

120,

389

118,

807

81

,867

22

4,4

05

138,

686

57

5,00

0

274,

113

Sout

h M

ain

N/A

72,1

85

180,

773

16

0,7

77

134,

608

152,

697

91

,676

12

5,6

31

19,2

54

45,0

00

106,

489

Nor

th M

ain

N/A

64,3

32

180,

737

16

0,7

46

134,

582

170,

757

11

3,08

8

167,

8

5919

9,21

5

50,0

00

256,

429

Tota

lSch

oolF

acilit

ies

Tota

l Sch

ool F

acilit

ies

881

401

881,

401

1

222

981

,222

,981

1

087

705

,087

,705

91

091

0

66

4,6

64

117

849

9,1

78,4

991

204

097

,204

,097

125

696

4,2

56,9

64

132

128

51

581

277

183

383

4,3

21,2

85

,581

,277

,8

33,8

34

Oth

er F

acilit

ies

27,2

59

59

,361

52

,7

955

9,

572

56,0

73

42

0,51

8

109,

3

9483

,682

12

5,00

0

75,0

00

Gra

nd T

otal

908,

660

1,

282,

342

1,14

0,5

0097

0,

236

1

,234

,572

1,62

4,61

5

1,

366,

3

58

1,40

4,96

7

1,

706,

277

1,90

8,83

4

153

J-20 Page 1

Coverage DeductibleNew Jersey School Boards Association Insurance GroupArticle l- Property Blanket Building & Contents 400,000,000 5,000 Blanket Extra Expense 50,000,000 5,000 Blanket Valuable Papers and Records 10,000,000 5,000 Demolition and Increased Cost of Construction 10,000,000 Loss of Business Income/Tuition 200,000 Arson Reward 10,000 Fire Department Service Charge 10,000 Pollutant Cleanup and Removal Charge 250,000 Sublimits: Flood Zones (SFHA) per location 10,000,000 500,000 annual aggregate 10,000,000 All Other Flood Zones 10,000 Accounts Receivables 250,000 Earthquake per occurrence 50,000,000 annual aggregate 50,000,000 Terrorism per occurrence 1,000,000 annual aggregate 1,000,000Article ll - Electronic Data Processing Blanket Hardware/Software - per occurrence 5,000,000 1,000

CITY OF PLEASANTVILLE SCHOOL DISTRICTInsurance Schedule

For the Year Ended June 30, 2013Unaudited

Coverage Extensions: Transit 25,000 Loss of Income 10,000 Flood 1,000,000500,000 for zones A & V10,000 all other flood zonesArticle lll - Equipment Breakdown Combined Single Limit 100,000,000 Sublimits: Off Premises Property Damage 100,000 Extra Expense 10,000,000 Service Interruption 10,000,000 Perishable Goods 500,000 Data Restoration 100,000 Contingent Business Income 100,000 Demolition 1,000,000 Ordinance or Law 1,000,000 Expediting Expense 500,000 Hazardous Substances 500,000 Newly Acquired Locations 250Article IV - Crime Public Employee Dishonesty 500,000 1,000 Theft, Disappearance and Destruction- Loss of Money 50,000 500 Theft, Disappearance and Destruction- Money Orders 50,000 500 Forgery or Alteration 50,000 500

154

J-20 Page 2

Coverage Deductible

Computer Fraud 500,000 1,000 Board Secretary/Business Administrator 200,000 1,000 Assistant Board Secretary 400,000 1,000

Article V - Comprehensive General Liability Bodily Injury and Property Damage 16,000,000 Bodily Injury from Proudcts and Completed Operations 16,000,000 Sexual Abuse - per occurrence 16,000,000 annual pool aggregate 17,000,000

Personal Injury and Advertising Injury 16,000,000 Employee Benefits Liability 16,000,000 1,000 Premises Medical Payments 10,000 limit per person 5,000 Terrorism 1,000,000Article VI - Automobile Bodily Injury and Property Damage 16,000,000 Uninsured/Underinsured Motorist - Private Passenger 1,000,000

U i d/U d i d M t i t All Oth V hi l

For the Year Ended June 30, 2013Unaudited

CITY OF PLEASANTVILLE SCHOOL DISTRICTInsurance Schedule

Uninsured/Underinsured Motorist - All Other Vehicles Bodily Injury per Person 15,000 Bodily Injury per Accident 30,000 Property Damage per Accident 5,000 Personal Injury Protection 250,000 Medical Payments Private Passenger Vehicles 10,000 All Other Vehicles 5,000 Terrorism 1,000,000 Physical Damage Comprehensive 1,000 Collision 1,000 Hired Car Physical Damage ($115,000 limit) 1,000

Workers Compensation Professional & Clerical 36,556,149 Non-Professional & Driver 2,093,485

Umbrella Policy Each Occurrence 2,000,000 Aggregate 2,000,000

Errors and Omissions 10,000,000 150,000

Source: District Records.

155

Single Audit Section


The Honorable President and Members of the Board of Education City of Pleasantville School District County of Atlantic Pleasantville, New Jersey We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States and audit requirements as prescribed by the Office of School Finance, Department of Education, State of New Jersey, the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Pleasantville School District, as of and for the year ended June 30, 2013, and the related notes to the financial statements, which collectively comprise the City of Pleasantville School District’s basic financial statements, and have issued our report thereon dated November 4, 2013. Internal Control over Financial Reporting

In planning and performing our audit of the financial statements, we considered the City of Pleasantville School District’s control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements but not for the purpose of expressing an opinion on the effectiveness of the City of Pleasantville School District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

156


Honorable President and Members of the Board of Education City of Pleasantville School District County of Atlantic, New Jersey

Report on Compliance for Each Major State Program

We have audited the City of Pleasantville School District’s compliance with the types of compliance requirements described in the U.S. Office of Management and Budget (OMB) Circular A-133 Compliance Supplement and the New Jersey State Aid/Grant Compliance Supplement that could have a direct and material effect on each of the City of Pleasantville School District’s major federal and state programs for the year ended June 30, 2013. The City of Pleasantville School District’s major federal and state programs are identified in the summary of auditor’s results section of the accompanying schedule of findings and questioned costs.

Management’s Responsibility

Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its federal and state programs.

Auditor’s Responsibility

Our responsibility is to express an opinion on compliance for each of the City of Pleasantville School District’s major federal and state programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; OMB Circular A-133, and New Jersey 04-04 State Aid/Grant Compliance Supplement. Those standards and Circulars require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal or state program occurred. An audit includes examining, on a test basis, evidence about the City of Pleasantville School District’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances.

We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal and state program. However, our audit does not provide a legal determination of the City of Pleasantville School District’s compliance.

158

Basis for Qualified Opinion on State Aid Public Cluster

As described in the accompanying schedule of findings and questioned costs, the City of Pleasantville School District did not comply with requirements of the State Aid Public Cluster 495-034-5120-078,084,085,089 as described in finding numbers 2013-1 and 2013-2 for procurement. Compliance with such requirements is necessary, in our opinion for the City of Pleasantville School District to comply with the requirements applicable to that program.

Qualified Opinion on State Aid Public Cluster

In our opinion, except for the noncompliance described in the Basis for Qualified Opinion paragraph, the City of Pleasantville School District complied, in all material respects with the types of compliance requirements referred to above that could have a direct and material effect on the State Aid Public Cluster for the year ended June 30, 2013.

Unmodified Opinion on Each of the Other Major Federal and State Program

In our opinion, the City of Pleasantville School District complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its other major federal and state programs identified in the summary of auditor’s results section of the accompanying schedule of findings and questioned costs for the year ended June 30, 2013.

Report on Internal Control Over Compliance

Management of the City of Pleasantville School District is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered the City of Pleasantville School District’s internal control over compliance with the types of requirements that could have a direct and material effect on each major federal and state program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal and state program and to test and report on internal control over compliance in accordance with OMB Circular A-133 and NJ OMB 04-04, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the City of Pleasantville School District’s internal control over compliance.

A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a state program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal or state program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal or state program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.

159

Our consideration of internal control over compliance was for the limited purposedescribed in the first paragraph of this section and was not designed to identify alldeficiencies in internal control over compliance that might be material weaknesses orsignificant deficiencies. We did not identify any deficiencies in internal control overcompliance that we consider to be material weaknesses. However, materialweaknesses may exist that have not been identified.

The purpose of this report on internal control over compliance is solely to describe thescope of our testing of internal control over compliance and the results of that testingbased on the requirements of OMS Circular A-133 and NJ OMS 04-04. Accordingly, thisreport is not suitable for any other purpose.

District's Responses to Findings

The District's response to the finding identified in our audit is described in theaccompanying schedule of findings and questioned costs. The District's response wasnot subject to the auditing procedures applied in the audit of the financial statementsand, accordingly, we express no opinion on it.

Robert E. Swartz, CPALicensed Public School AccountantNo. CS00667

701Zd Scott & Ad4odate4, ileFord Scott & Associates, LLC

November 4, 2013

160

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TK

-3Sc

hedu

le o

f Exp

endi

ture

s of

Fed

eral

Aw

ards

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Gra

nt o

rFe

dera

lS

tate

Fede

ral G

rant

or/P

ass-

Thro

ugh

Gra

ntor

/C

FDA

Pro

ject

G

rant

Awar

dAc

coun

tsD

efer

red

Due

toC

ash

Bud

geta

ryU

near

ned

(Acc

ount

s

Due

toP

rogr

am T

itle

Num

ber

Num

ber

Per

iod

Amou

ntR

ecei

vabl

eR

even

ueG

rant

orR

ecei

ved

Exp

endi

ture

sAd

just

men

tsR

even

ueR

ecei

vabl

e)G

rant

orU

. S. D

epar

tmen

t of A

gric

ultu

re P

asse

d-th

roug

h St

ate

Dep

artm

ent o

f Edu

catio

n:E

nter

pris

e Fu

nd:

Foo

d D

istri

butio

n P

rogr

am10

.555

7/1/

12 -

6/30

/13

153,

480

153,

480

(1

53,4

80)

Sch

ool S

nack

Pro

gram

10.5

557/

1/11

- 6/

30/1

211

7,23

2

(5

,077

)

5,

077

Sch

ool S

nack

Pro

gram

10.5

557/

1/12

- 6/

30/1

311

4,11

0

11

4,11

0

(114

,110

)

-

Sch

ool B

reak

fast

Pro

gram

10.5

53

7/

1/11

- 6/

30/1

246

2,62

3

(2

3,49

4)

23

,494

S

choo

l Bre

akfa

st P

rogr

am10

.553

7/1/

12 -

6/30

/13

680,

294

680,

294

(6

80,2

94)

-

N

atio

nal S

choo

l Lun

ch P

rogr

am10

.555

7/1/

11 -

6/30

/12

1,32

2,80

5

(66,

736)

66,7

36

Nat

iona

l Sch

ool L

unch

Pro

gram

10.5

557/

1/12

- 6/

30/1

31,

461,

497

1,

461,

497

(1,4

61,4

97)

-

T

otal

Ent

erpr

ise

Fund

(95,

307)

-

-

2,50

4,68

8

(2

,409

,381

)

-

-

-

-

U.S

. Dep

artm

ent o

f Hea

lth a

nd H

uman

Ser

vice

s P

asse

d-th

roug

h St

ate

Dep

artm

ent o

f Hea

lth

a

nd H

uman

Ser

vice

s

Educ

atio

n Jo

bs F

und

84.4

10

7/

1/12

- 6/

30/1

35,

545

(5

,545

)

(5,5

45)

M

edic

al A

ssis

tanc

e93

.778

N\A

7/1/

12 -

6/30

/13

166,

190

166,

190

(1

66,1

90)

T

otal

Gen

eral

Fun

d-

-

-

16

6,19

0

(171

,735

)

-

-

(5,5

45)

-

U.S

. Dep

artm

ent o

f Edu

catio

n P

asse

d-th

roug

h St

ate

Dep

artm

ent o

f Edu

catio

n:S

peci

al R

even

ue F

und:

Titl

e I,

Par

t A84

.010

9/1/

12 -

8/31

/13

1,36

1,18

7

783,

261

(9

82,4

51)

-

(1

99,1

90)

Titl

e I,

Par

t A, C

arry

over

84.0

109/

1/11

- 8/

31/1

21,

336,

273

(2

36,3

17)

40

4,77

5

(75,

353)

(93,

105)

-

-

Titl

e II

Teac

her a

nd P

rinci

pal T

rain

ing

and

-

R

ecru

iting

Fun

d C

arry

over

84.3

67A

9/1/

12 -

8/31

/13

197,

709

117,

588

(1

43,0

14)

-

(2

5,42

6)

Titl

e II

Teac

her a

nd P

rinci

pal T

rain

ing

and

-

R

ecru

iting

Fun

d C

arry

over

84.3

67A

9/1/

11 -

8/31

/12

190,

341

(179

,164

)

122,

631

(3

5,98

0)

92

,513

-

-

Titl

e III

Eng

lish

Edu

catio

n E

nhan

cem

ent

84.3

65

9/

1/12

- 8/

31/1

310

9,10

7

48

,087

(5

9,31

4)

(1

1,22

7)

Titl

e III

Eng

lish

Edu

catio

n E

nhan

cem

ent

84.3

65

9/

1/12

- 8/

31/1

274

,988

(8

,971

)

52

,839

(4

3,86

8)

-

-

-

T

itle

III Im

mig

rant

84.3

65

9/

1/12

- 8/

31/1

3-

Titl

e III

Imm

igra

nt C

arry

over

84.3

65

9/

1/11

- 8/

31/1

253

,675

(7

,384

)

20

,885

(1

2,68

8)

(8

13)

-

-

Titl

e IV

Saf

e an

d D

rug

Free

Sch

ools

, Car

ryov

er84

.186

-

-

-

-

I

.D.E

.A. P

art B

- B

asic

84

.027

FT 0

29/

1/12

- 8/

31/1

393

1,81

4

58

0,26

9

(930

,879

)

(3

50,6

10)

I.D

.E.A

. Par

t B -

Bas

ic -

Car

ryov

er84

.027

FT 0

29/

1/11

- 8/

31/1

294

4,40

0

(1

32,0

67)

13

2,06

7

-

-

-

I

.D.E

.A. P

art B

- P

resc

hool

84.1

73

9/

1/12

- 8/

31/1

326

,307

(2

6,30

7)

(2

6,30

7)

-

C

arl D

. Per

kins

- S

econ

dary

84.0

48

9/

1/12

- 8/

31/1

328

,287

18

,818

(2

7,25

8)

(8

,440

)

Car

l D. P

erki

ns -

Sec

onda

ry84

.048

9/1/

11 -

8/31

/12

32,1

93

(14,

713)

14,7

13

-

-

Car

l D. P

erki

ns -

Sec

onda

ry84

.048

9/1/

10 -

8/31

/11

43,0

60

(1,3

42)

(1,7

87)

3,

129

-

-

Adul

t Edu

catio

n84

.002

9/1/

12 -

8/31

/13

79,2

07

64,4

04

(72,

851)

(5,7

25)

(14,

1 72)

Adul

t Edu

catio

n, C

arry

over

84.0

02

9/

1/11

- 8/

31/1

277

,768

(8

,242

)

3,

206

5,03

6

-

-

Y

outh

Em

ploy

men

t Edu

catio

n Tr

aini

ngN

A9/

1/10

- 8/

31/1

157

,468

(6

,017

)

6,

017

-

-

Juni

or R

OTC

NA

7/1/

12 -

6/30

/13

63,2

56

63,2

56

(63,

256)

-

-

2

1st C

entu

ry84

.287

9/1/

12 -

8/31

/13

425,

000

149,

567

(2

52,2

65)

3

(1

02,6

95)

21s

t Cen

tury

(Con

tinua

tion

Gra

nt S

uppl

emen

tal F

unds

)84

.287

4/4/

12 -

8/31

/12

39,8

40

34,1

43

(33,

958)

185

21s

t Cen

tury

84.2

87

9/

1/11

- 8/

31/1

242

5,00

0

(9

7,43

6)

21

9,85

7

(122

,418

)

(3

)

-

-

Rac

e to

the

Top

9/1/

11 -

11/3

0/15

106,

421

31,4

42

(31,

548)

(106

)

Bal

ance

at J

une

30, 2

012

Bal

ance

at J

une

30, 2

013

The

acco

mpa

nyin

g N

otes

to S

ched

ules

of E

xpen

ditu

res

of A

war

ds a

nd F

inan

cial

Ass

ista

nce

are

an in

tegr

al p

art o

f thi

s sc

hedu

le

161

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TK

-3Sc

hedu

le o

f Exp

endi

ture

s of

Fed

eral

Aw

ards

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Gra

nt o

rFe

dera

lS

tate

Fede

ral G

rant

or/P

ass-

Thro

ugh

Gra

ntor

/C

FDA

Pro

ject

G

rant

Awar

dAc

coun

tsD

efer

red

Due

toC

ash

Bud

geta

ryU

near

ned

(Acc

ount

s

Due

toP

rogr

am T

itle

Num

ber

Num

ber

Per

iod

Amou

ntR

ecei

vabl

eR

even

ueG

rant

orR

ecei

ved

Exp

endi

ture

sAd

just

men

tsR

even

ueR

ecei

vabl

e)G

rant

or

Bal

ance

at J

une

30, 2

012

Bal

ance

at J

une

30, 2

013

Pas

sed

thro

ugh

Fede

ral E

mer

genc

y M

anag

emen

t Ass

ista

nce

D

isas

ter G

rant

s - P

ublic

Ass

ista

nce

-

P

roje

ct S

choo

l Em

erge

ncy

Res

pons

e to

Vio

lenc

e (S

erv)

97.0

36

10

/29/

12 -

6/30

/13

58,2

40

58,2

40

58,2

40

-

Pas

sed-

thro

ugh

NJ

Dep

artm

ent o

f Law

& P

ublic

Saf

ety:

-

Pas

spor

t to

Suc

cess

Pro

gram

16.5

4010

/1/1

2 - 8

/31/

1310

6,50

7

(8

5,14

2)

-

(85,

142)

Pas

spor

t to

Suc

cess

Pro

gram

16.5

4010

/1/1

1 - 9

/30/

1213

3,13

4

(2

4,85

1)

46

,384

(1

9,44

5)

(2

,088

)

-

-

U. S

. Dep

artm

ent o

f Agr

icul

ture

-

P

asse

d-th

roug

h St

ate

Dep

artm

ent o

f Edu

catio

n:-

-

Fre

sh F

ruit

& V

eget

able

Gra

nt10

.582

N/A

7/1/

11 -

6/30

/12

47,0

57

(1,0

92)

1,09

2

-

-

F

resh

Fru

it &

Veg

etab

le G

rant

10.5

82N

/A7/

1/12

- 6/

30/1

399

,837

(1

07,3

00)

-

(7

,463

)

T

otal

Spe

cial

Rev

enue

Fun

d(7

17,5

96)

-

-

3,

067,

361

(3,1

27,0

82)

4,

964

58,4

25

(8

30,7

78)

-

T

otal

Fed

eral

Fin

anci

al A

ssis

tanc

e(8

12,9

03)

-

-

5,

738,

239

(5,7

08,1

98)

4,

964

58,4

25

(8

36,3

23)

-

The

acco

mpa

nyin

g N

otes

to S

ched

ules

of E

xpen

ditu

res

of A

war

ds a

nd F

inan

cial

Ass

ista

nce

are

an in

tegr

al p

art o

f thi

s sc

hedu

le

162

CIT

Y O

F PL

EASA

NTV

ILLE

SC

HO

OL

DIS

TRIC

TK

-4Sc

hedu

le o

f Exp

endi

ture

s of

Sta

te F

inan

cial

Ass

ista

nce

For t

he Y

ear E

nded

Jun

e 30

, 201

3

Cum

ulat

ive

Fede

ral G

rant

or/P

ass-

Thro

ugh

Gra

ntor

/G

rant

or S

tate

Gra

ntAw

ard

Acco

unts

Def

erre

dD

ue to

Car

ryov

erC

ash

Budg

etar

yR

epay

men

t of

Def

icit/

Une

arne

d(A

ccou

nts

Due

toBu

dget

ary

Tota

lPr

ogra

m T

itle

Proj

ect N

umbe

rPe

riod

Amou

ntR

ecei

vabl

eR

even

ueG

rant

orAm

ount

Rec

eive

dEx

pend

iture

sPr

ior Y

ear B

alan

ces

Adju

stm

ents

Rev

enue

Rec

eiva

ble)

Gra

ntor

Rec

eiva

ble

Expe

nditu

res

Stat

e D

epar

tmen

t of E

duca

tion

Gen

eral

Fun

d:

Equ

aliz

atio

n Ai

d49

5-03

4-51

20-0

787/

1/12

-6/3

0/13

45,3

23,6

34

45,3

23,6

34

(45,

323,

634)

4,34

0,38

7

45

,323

,634

T

rans

porta

tion

Aid

495-

034-

5120

-014

7/1/

12-6

/30/

1356

7,14

3

56

7,14

3

(567

,143

)

54

,312

567,

143

S

peci

al E

duca

tion

Aid

495-

034-

5120

-089

7/1/

12-6

/30/

132,

093,

786

2,

093,

786

(2,0

93,7

86)

200,

510

2,

093,

786

Sec

urity

Aid

495-

034-

5120

-084

7/1/

12-6

/30/

131,

310,

675

1,

310,

675

(1,3

10,6

75)

125,

516

1,

310,

675

Adj

ustm

ent A

id49

5-03

4-51

20-0

857/

1/12

-6/3

0/13

14,6

75,5

72

14,6

75,5

72

(14,

675,

572)

1,40

5,39

6

14

,675

,572

E

xtra

ordi

nary

Aid

495-

034-

5120

-473

7/1/

11-6

/30/

1291

,158

(9

1,15

8)

91

,158

-

91

,158

Ext

raor

dina

ry A

id49

5-03

4-51

20-4

737/

1/12

-6/3

0/13

103,

689

(103

,689

)

(1

03,6

89)

103,

689

N

on-P

ublic

Tra

nspo

rtatio

n Ai

dN

/A7/

1/11

-6/3

0/12

12,7

58

(12,

758)

12,7

58

-

12,7

58

N

on-P

ublic

Tra

nspo

rtatio

n Ai

dN

/A7/

1/12

-6/3

0/13

12,3

54

(12,

354)

(12,

354)

12

,354

Rei

mbu

rsed

TPA

F So

cial

Sec

urity

Con

tribu

tions

495-

034-

5095

-002

7/1/

11-6

/30/

122,

347,

287

-

234,

747,

287

R

eim

burs

ed T

PAF

Soci

al S

ecur

ity C

ontri

butio

ns49

5-03

4-50

95-0

027/

1/12

-6/3

0/13

2,29

1,83

3

2,29

1,83

3

(2

,291

,833

)

-

2,29

1,83

3

T

otal

Gen

eral

Fun

d(1

03,9

16)

-

-

-

66

,366

,559

(6

6,37

8,68

6)

-

-

-

(116

,043

)

-

6,

126,

121

301,

229,

889

Spec

ial R

even

ue F

und:

Pre

scho

ol E

duca

tion

Aid

495-

034-

5120

-086

7/1/

11-6

/30/

127,

090,

753

37

2,90

6

(3

72,9

06)

6,

885,

928

P

resc

hool

Edu

catio

n Ai

d49

5-03

4-51

20-0

867/

1/12

-6/3

0/13

7,22

5,93

2

372,

906

7,22

5,93

2

(7

,169

,336

)

42

9,50

2

731,

336

7,

169,

336

T

otal

Spe

cial

Rev

enue

Fun

d-

37

2,90

6

-

-

7,22

5,93

2

(7

,169

,336

)

-

-

429,

502

-

-

731,

336

14

,055

,264

Deb

t Ser

vice

Fun

d D

ebt S

ervi

ce49

5-03

4-51

20-0

757/

1/12

-6/3

0/13

2,22

6,65

9

2,22

6,65

9

(2

,226

,659

)

2,

226,

659

-

-

-

-

2,22

6,65

9

(2

,226

,659

)

-

-

-

-

-

-

2,

226,

659

Stat

e D

epar

tmen

t of A

gric

ultu

re:

Ent

erpr

ise

Fund

:

N

atio

nal S

choo

l Lun

ch P

rogr

am (S

tate

Sha

re)

100-

010-

3350

-023

7/1/

11-6

/30/

1227

,326

(2

81)

28

1

27,3

26

Nat

iona

l Sch

ool L

unch

Pro

gram

(Sta

te S

hare

)10

0-01

0-33

50-0

237/

1/12

-6/3

0/13

28,9

16

27,1

84

(2

8,91

6)

(1

,732

)

28,9

16

T

otal

Ent

erpr

ise

Fund

(281

)

-

-

-

27,4

65

(2

8,91

6)

-

-

-

(1,7

32)

-

-

56

,242

Tota

l Sta

te F

inan

cial

Ass

ista

nce

(104

,197

)

37

2,90

6

-

-

75

,846

,615

(75,

803,

597)

-

-

429,

502

(117

,775

)

-

6,

857,

457

31

7,56

8,05

4

Bala

nce

at J

une

30, 2

013

MEM

OBa

lanc

e at

Jun

e 30

, 201

2

The

acco

mpa

nyin

g N

otes

to S

ched

ules

of E

xpen

ditu

res o

f Aw

ards

and

Fin

anci

al A

ssis

tanc

e ar

e an

inte

gral

par

t of t

his s

ched

ule

163

City of Pleasantville Board of Education Notes to the Schedules of Financial Assistance June 30, 2013

NOTE 1. GENERAL The accompanying schedules of expenditures of federal awards and state financial assistance include federal and state award activity of the Board of Education, City of Pleasantville School District. The Board of Education is defined in Note 1(A) to the Board's basic financial statements. All federal and state awards received directly from federal and state agencies, as well as federal awards and state financial assistance passed through other government agencies is included on the schedule of expenditures of federal awards and state financial assistance. NOTE 2. BASIS OF ACCOUNTING The accompanying schedules of expenditures of awards and financial assistance are presented on the budgetary basis of accounting with the exception of programs recorded in the food service fund, which are presented using the accrual basis of accounting. These bases of accounting are described in Note 1 to the Board's basic financial statements. The information in this schedule is presented in accordance with the requirements of OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. NOTE 3. RELATIONSHIP TO GENERAL PURPOSE FINANCIAL STATEMENTS The basic financial statements present the general fund and special revenue fund on a GAAP basis. Budgetary comparison statements or schedules (RSI) are presented for the general fund and special revenue fund to demonstrate finance-related legal compliance in which certain revenue is permitted by law or grant agreement to be recognized in the audit year, whereas for GAAP reporting, revenue is not recognized until the subsequent year or when expenditures have been made. The general fund is presented in the accompanying schedules on the modified accrual basis with the exception of the revenue recognition of the last two state aid payments in the current budget year, which is mandated pursuant to NJSA 18A:22-44.2. For GAAP purposes those payments are not recognized until the subsequent budget year due to the state deferral and recording of the last two state aid payments in the subsequent year. The special revenue fund is presented in the accompanying schedules on the grant accounting budgetary basis which recognizes encumbrances as expenditures and also recognizes the related revenues, whereas the GAAP basis does not. The special revenue fund also recognizes the last two state aid payments in the current budget year, consistent with NJSA 18A:22-44.2. The net adjustment to reconcile from budgetary basis to GAAP basis is $85,578 for the general fund and $(41,147) for the special revenue fund for state aid. The net adjustment in the special revenue fund is $(29,354) for federal aid. See the following

164


schedule and Schedule C-3 for a reconciliation of the budgetary basis to the modified accrual basis of accounting for the general and special revenue funds. Awards and financial assistance revenues are reported in the Board's basic financial statements on a GAAP basis as follows:

Special Debt General Revenue Service Food Fund Fund Fund Service Total State Assistance: Actual amounts (budgetary) “revenues” from the Schedule of Expenditures of State Financial Assistance $66,378,686 7,169,336 2,226,659 28,916 75,803,597 Difference – budget to “GAAP” Grant accounting budgetary basis differs from GAAP in that encumbrances are recognized as expenditures, and the related revenue is recognized. 14,840 14,840 On-behalf payments recognized for GAAP statements but not included in the Schedule of Expenditures of State Financial Assistance 4,182,387 4,182,387 State aid payment recognized for GAAP statements in the current year, previously recognized for budgetary purposes. 6,211,699 690,189 6,469,526 State aid payment recognized as revenue for budgetary purposes, not recognized for GAAP statements until the subsequent year. (6,126,121) (731,336) (6,901,888) Total State revenue as reported on the statement of revenues, expenditures and changes in fund balances $70,646,651 7,143,029 2,226,659 28,916 78,989,721

165


General Special Food Fund Revenue Fund Service Total Federal Assistance: Actual amounts (budgetary) “revenues” from the Schedule of Expenditures of Federal Awards $171,735 3,127,082 2,409,381 5,708,198 Difference – budget to “GAAP” Grant accounting budgetary basis differs from GAAP in that encumbrances are recognized as expenditures, and the related revenue is recognized. (29,354) (29,354) Total Federal revenue as reported on the statement of revenue, expenditures, and changes in fund balances $171,735 3,097,728 2,409,381 5,678,844

NOTE 4. RELATIONSHIP TO FEDERAL AND STATE FINANCIAL REPORTS Amounts reported in the accompanying schedules agree with the amounts reported in the related federal and state financial reports. NOTE 5. OTHER Revenues and expenditures reported under the Food Distribution Program represent current year value received and current year distributions, respectively. The amounts reported as TPAF Pension Contributions represents the amount paid by the State on behalf of the district for the year ended June 30, 2013. TPAF Social Security Contributions represents the amount reimbursed by the State for the employer’s share of social security contributions for TPAF members for the year ended June 30, 2013.

166

CITY OF PLEASANTVILLE SCHOOL DISTRICTSCHEDULE OF FINDINGS AND QUESTIONED COSTS

FOR THE FISCAL YEAR ENDED JUNE 30, 2013

Part I -- Summary of Auditor's Results

Financial Statement Section

A) Type of auditor's report issued: Unmodified

B) Internal control over financial reporting:1) Material weakness(es) identified? yes X no

2) Were significant deficiencies identified? X yes none reported

C) Noncompliance material to general-purposefinancial statements noted? yes X no

Federal Awards Section

D) Internal Control over compliance:1) Material weakness(es) identified? yes X no

2) Were significant deficiencies identified? yes X none reported

E) Type of auditor's report on compliance for major programs Unmodified

F) Any audit findings disclosed that are required tobe reported in accordance with Section 510(a)of OMB Circular A-133. yes X no

G) Identification of major programs:

CFDA Number(s) Name of Federal Program or Cluster

84.027,84.173 IDEA Cluster - Basic & Preschool

10.553, 10.555 Child Nutrition Cluster

84.365 Title 111

H) Dollar threshold used to determine Type A programs: $300,000

I) Auditee qualified as low-risk auditee? X yes no n/a

167

CITY OF PLEASANTVILLE SCHOOL DISTRICTSCHEDULE OF FINDINGS AND QUESTIONED COSTS


Part I -- Summary of Auditor's Results

State Awards Section

J) Internal Control over compliance:1) Material weakness(es) identified? yes X no

2) Were significant deficiencies identifiedthat were not considered to be materialweaknesses? yes X no

K) Type of auditor's report on compliance for major programs Qualified

L) Any audit findings disclosed that are required tobe reported in accordance with NJ OMBCircular 04-04? X yes no

M) Identification of major programs:

GMIS Number(s) Name of State Program

State Aid Public Cluster

495-034-5120-078 Equalization Aid

495-034-5120-089 Categorical Special Education Aid

495-034-5120-084 Categorical Security Aid

495-034-5120-085 Adjustment Aid

495-034-5085-002 TPAF Social Security Reimbursement

495-034-5120-014 Transportation Aid

N) Dollar threshold used to determine Type A programs: $2,274,108

O) Auditee qualified as low-risk auditee? X yes no n/a

168

CITY OF PLEASANTVILLE SCHOOL DISTRICT SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONT’D)


Part 2 – Schedule of Financial Statement Findings NONE

Part 3 – Schedule of Federal and State Award Findings and Questioned Costs This section identifies audit findings required to be reported by section .510(1) of Circular A-133 and New Jersey OMB’s Circular 04-04. FEDERAL AWARDS NONE

STATE AWARDS 2013-1 State Aid Public- 495-034-5120-078,084,085,089 Criteria: New Jersey Statutes provide that competitive bids be solicited for purchases or contracts which exceed the bid threshold. The contract should then be awarded to the lowest responsible bidder. Condition: In one instance a contract was awarded after competitive bidding to a vendor that was not the lowest responsible bidder. The contract amount was at the rate proposed by the lowest responsible bidder. Questioned Costs: The total amount paid on this contract during the fiscal year was $636,003. Context: $636,000 out of a total expenditure of $79 million. Effect: Payments in the amount of $636,003 were made during the fiscal year to a vendor that should not have been awarded the contract Cause: It appears that the award was made in error due to improper review and analysis of the bids received. Recommendation: A policy should be established to have all bids carefully reviewed and compared to the proposed contract, prior to making the contract award, to ensure that the contract is awarded to the lowest responsible bidder.

169

Management Response: The District is establishing a policy to have all bids and contracts selected for award to be reviewed by a third party within the District prior to the recommendation to the Board for awarding the contract. 2013-2 Criteria: New Jersey Statutes provide that cooperative purchasing may be used when the Co-Op has complied with bidding requirements for non-construction projects. Condition: In one instance a construction contract was awarded through a Co-Op when the District did not comply with the bidding requirements for a construction project. Questioned Costs: The total amount paid on this contract during the fiscal year was $441,464. Context: $441,000 out of a total expenditure of $79 million. Effect: Payments in the amount of $441,464 were made during the fiscal year to a vendor without the contract being awarded through competitive bidding. Cause: The District was not aware of the prohibition of awarding a contract, without competitive bidding, through cooperative purchasing for construction projects. Recommendation: Prior to awarding any contract through cooperative purchasing, the requirements for using cooperative purchasing should be carefully reviewed and formal bids should be obtained for all construction contracts. Management Response: The requirements related to utilizing cooperative purchasing will be reviewed prior to awarding any contracts through the use of a cooperative purchasing agreement.

STATUS OF PRIOR YEAR FINDINGS Financial Statement Findings: NONE

170

SCHOOL DISTRICT OF CITY OF PLEASANTVILLE · 2014-05-05 · The City of Pleasantville, similarly to...

Documents

Transcript of SCHOOL DISTRICT OF CITY OF PLEASANTVILLE · 2014-05-05 · The City of Pleasantville, similarly to...