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WOODLAND School District 2012-2013 Year End Financial Summary

WOODLAND School District 2012-2013 Year End Financial Summary. Presented by: Stacy Brown Director of Business Services. Historical Fund Balance Summary. History of total fund balance at year-end and the percentage of budgeted expenditures. Fund Balance/Enrollment.

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WOODLAND School District 2012-2013 Year End Financial Summary

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  1. WOODLAND School District2012-2013 Year End Financial Summary Presented by: Stacy Brown Director of Business Services

  2. Historical Fund Balance Summary • History of total fund balance at year-end and the percentage of budgeted expenditures

  3. Fund Balance/Enrollment

  4. Unbudgeted Items Directly Affecting Total Fund Balance

  5. Levy Dollars

  6. General Fund Revenues

  7. Total Expenditures by Type Administrative = 3.8% Certificated = 33.9% Classified = 21.9% Total Expenditures = $21,147,397

  8. Salaries – All Programs $7,982,125 $4,633,757

  9. Expenditures by Program-Comparison to Prior Year 2011-12 2012-13

  10. Activities - General Basic Education Teaching is 75.9% of Basic Ed Includes Basic Ed Only – Increases due to loss of Stimulus Funds and account code changes.

  11. District Wide Support The greatest percentage of expenditures was in Maintenance & Operations at 36.7%. This category includes building maintenance, grounds upkeep, and custodial services. District Wide Support Expenditures = $2,988,683 14.1% of Total Expenditures for 2012-2013 2012-13 2011-12

  12. Transportation & Food Service Transportation Food Service • Total Students transported = 3,700 per day (Based on the count week totals) • Total Expenditures = $3,341,529 • Total State Revenues = $2,424,705 • Total Unfunded = $916,824 Woodland’s portion paid by Levy dollars to support transportation = $321,000 • Total Meals Served = 235,931 • Total Expenses = $682,343 • Total Revenues = $682,343 • Amount of Sodexo rebate to meet guarantee = $26,000

  13. Before and After School Care • The WCC and YCC programs add opportunities for parents and students in a small community without many daycare options for families • Programs served about 85 families throughout the year and also provided summer care • WCC program is licensed by the state and able to provide options for low income families • Levy dollars provided to support WCC program for 2012-13 year = $5,200 • Levy dollars provided to support YCC program for 12-13 year = $7,000

  14. Other Funds Capital Projects Debt Service ASB Transportation vehicle

  15. Capital Projects Fund • Beginning Fund Balance $26,237,435 • Revenues $ 1,455,767 • Expenditures $ 8,011,801 • Ending Fund Balance $19,681,402

  16. Debt Service Fund This fund is used to collect tax revenue and pay the principal and interest on bonds. Payments are made twice a year, December and June. Amount available for principal/interest at August 31, 2013 = $2,577,391

  17. ASB FUND • Beginning Fund Balance $211,857 • Revenues $289,203 • Expenditures $314,014 • Ending Fund Balance $187,045 ASB funds are for the extracurricular benefit for the students. Their involvement in the decision-making process is an integral part of associated student body government.

  18. TRANSPORTATION VEHICLE FUND This fund is used to replace buses. Revenue comes from the State (in the form of depreciation payments), interest earned on the investments and the annual levy payments made by the for Co-Op districts. This fund is fully self-supporting with state depreciation funds. • Beginning Fund Balance $3,369,116 • Revenues $ 671,667 • Expenditures $ 0 • Ending Fund Balance $4,040,783

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