REGIONAL OFFICE OF EDUCATION #1 NOTES TO FINANCIAL STATEMENTS JUNE 30, 2009 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)_part3 pdf

REGIONAL OFFICE OF EDUCATION #1 BUDGETARY COMPARISON SCHEDULE EDUCA TION FUND ACCOUNTS FOR THE YEAR ENDED JUNE 30, 2009 Truants Alternative and Optional Education Revenues: Local sources State sources Federal sources Interest income Total revenues Expenditures: Salaries and benetits Purchased services Travel and entertainment Supplies and materials Institute expenses and workshops Capital outlay Communication Postage and copies Payment to other governmental units Other Total expenditures Net change in fund balances Fund balance, July 1,2008 Fund balance, June 30, 2009 $ $ Budget 80,118 80,118 68,334 9,284 2,500 80,118 Actual $ $ 80,118 80,118 71,580 2,577 4,277 402 767 581 80,184 (66) $ 202 $ 136 Student Assistance Pro!;,;ram Bud!;,;et Actual Revenues: Local sources State sources Federal sources Interest income Total revenues Expenditures: Salaries and benetits Purchased services Travel and entertainment Supplies and materials Institute expenses and workshops Capital outlay Communication Postage and copies Payment to other governmental units Other Total expenditures Net change in fund balances Fund balance, July 1, 2008 Fund balance, June 30, 2009 $ $ 70,700 70,700 54,047 7,728 7,525 1,400 70,700 $ $ See accompanying Independent Auditor's Report 46 70,700 2 70,702 50,353 7,027 11,293 2,028 70,701 1,303 1,304 $ $ Variance Positive (Negative) (3,246) 6,707 (4,277) 2,098 (767) (581) (66) (66) Variance Positive (Ne!;';ative} 2 2 3,694 701 (3,768) (628) (lL This is trial version www.adultpdf.com REGIONAL OFFICE OF EDUCATION #1 BUDGETARY COMPARISON SCHEDULE EDUCA nON FUND ACCOUNTS FOR THE YEAR ENDED JUNE 30, 2009 McKinney Education for Homeless Revenues: Local sources State sources Federal sources Interest income Total revenues Expenditures: Salaries and benefits Purchased services Travel and entertainment Supplies and materials Institute expenses and workshops Capital outlay Communication Postage and copies Payment to other governmental units Other Total expenditures Net change in fund balances Fund balance, July 1, 200R Fund balance, June 30, 2009 Revenues: Local sources State sources Federal sources Interest income Total revenues Expenditures: Salaries and benetits Purchased services Travel and entertainment Supplies and materials Institute expenses and workshops Capital outlay Communication Postage and copies Payment to other governmental units Other Total expenditures Net change in fund balances Fund balance, July 1, 2008 Fund balance, June 30, 2009 Budget Actual Variance Positive (Negative) $ $ $ $ $ $ 12,490 12,482 (8) 12,490 10,536 1,554 400 12,490 Budget 130,101 130,101 130,101 130,101 $ 12,482 10,250 520 820 900 12,490 (8) 286 1,554 (520) (420) (900) (8) .,;$:: ====oO:(8~) (8) Regional Safe Schools $ $ Actual 130,101 130,102 15 130,104 130,119 $ Variance Positive (Negative) (15) (3) (18) (17) .,;$:: ==, :(~17: ) 2,269 2,252 See accompanying Independent Auditor's Report 47 This is trial version www.adultpdf.com REGIONAL OFFICE OF EDUCATION #1 BUDGETARY COMPARlSON SCHEDULE EDUCATION FUND ACCOUNTS FOR THE YEAR ENDED JUNE 30, 2009 SEecial Education Grants Infant/Toddler Bud!;;et Actual Revenues: Local sources $ $ 2,069 $ State sources 378,414 310,018 Federal sources 53,586 148,667 Interest income 1 Total revenues 432,000 460,755 Expenditures: Salaries and benetits 297,027 288,591 Purchased services 102,817 99,897 Travel and entertainment 24,871 24,164 Supplies and materials 7,285 7,078 Institute expenses and workshops Capital outlay Communication Postage and copies Payment to other governmental units 35,454 Other Total expenditures 432,000 455,184 Net change in fund balances $ 5,571 $ Fund balance, July 1, 2008 (15,557) Fund balance, June 30, 2009 $ (9,986) En!;;lish Lan!;;ua!;;e Learners Bud!;;et Actual Revenues: Local sources $ $ State sources Federal sources 66,000 Interest income Total revenues 66,000 Expenditures: Salaries and benetits 44,831 Purchased services 19,169 Travel and entertainment Supplies and materials 2,000 Institute expenses and workshops Capital outlay Communication Postage and copies Payment to other governmental units Other Total expenditures Net change in fund balances Fund balance, July 1, 2008 Fund balance, June 30, 2009 66,000 $ $ See accompanying Independent Auditor's Report 48 66,000 2 66,002 44,380 19,657 2,612 1,642 68,291 (2,289) 1,702 (587L $ $ Variance Positive (Ne!;;ativeL 2,069 (68,396) 95,081 1 28,755 8,436 2,920 707 207 (35,454) (23,184L 5,571 Variance Positive (Ne!;;ativeL 2 2 451 (488) (612) (1,642) {2,291L (2,289) This is trial version www.adultpdf.com REGIONAL OFFICE OF EDUCATION #1 BUDGETARY COMPARISON SCHEDULE EDUCATION FUND ACCOUNTS FOR THE YEAR ENDED JUNE 30, 2009 LIPLEPS Revenues: Local sources State sources Federal sources Interest income Total revenues Expenditures: Salaries and benefits Purchased services Travel and entertainment Supplies and materials Institute expenses and workshops Capital outlay Communication Postage and copies Payment to other governmental units Other Total expenditures Net change in fund balances Fund balance, July 1,2008 Fund balance, June 30, 2009 Bud!;,;et Actual $ $ 48,546 48,546 1 48,546 48,547 48,546 48,546 48,546 48,546 $ $ Variance Positive (Ne!;';ative) $ $ Teachers and Administrators Mentoring Pro!;,;ram Bud!;,;et Actual Revenues: $ $ $ Variance Positive (Negative) Lo cal so urce s State sources Federal sources Interest income 30,486 1,527 (28,959) Total revenues Expenditures: Salaries and benefits Purchased services Travel and entertainment Supplies and materials Institute expenses and workshops Capital outlay Communication Postage and copies Payment to other governmental units Other Total expenditures Net change in fund balances Fund balance, July 1,2008 Fund balance, June 30, 2009 $ 30,486 3,198 24,508 2,780 30,486 $ See accompanying Independent Auditor's Report 49 1,527 1,527 1,527 $ (28,959) 1,671 24,508 2,780 28,959 This is trial version www.adultpdf.com Institute Funds Adams County ASSETS Cash and cash equivalents $ 10,574 $ Grants receivable Prepaid items Total assets $ 10,574 $ LIABILITIES AND FUND BALANCE Liabilities Accounts payable $ $ Total liabilities Fund balance (deficit) Reserved for grant programs Unreserved - undesignated (deficit) 10,574 Total fund balance (deficit) 10,574 Total liabilities and fund balance $ 10,574 $ Institute Funds Pike County 11,898 11,898 11,898 11,898 11,898 REGIONAL OFFICE OF EDUCA TION #1 COMBINING BALANCE SHEET NONMAJOR SPECIAL REVENUE FUNDS JUNE 30, 2009 General Education Bus Development Supervisory Driver Fund Fund Fees $ 7,519 $ $ 14,609 $ 7,519 $ $ 14,609 $ $ $ 7,519 14,609 7,519 14,609 $ 7,519 $ $ 14,609 See accompanying Independent Auditor's Report 50 Pike County Film Miscellaneous Cooperative Fund Fund Finge!J2rinting TOTAL $ 32,489 $ 5,960 $ 6,854 $ 89,904 31,164 31,164 204 204 $ 63,857 $ 5,960 $ 6,854 $ 121,272 $ 2,586 $ $ 1,092 $ 3,678 2,586 1,092 3,678 61,271 5,960 5,762 117,594 61,271 5,960 5,762 117,594 $ 63,857 $ 5,960 $ 6,854 $ 121,272 This is trial version www.adultpdf.com Institute Funds Adams County Revenues: Registration, certification and permit fees $ 3,872 Local sources State sources Interest income 11 Total revenues 3,883 Expenditures: Salaries and benefits Purchased services Travel and entertainment 1,290 Supplies and materials Institute expenses and workshops 13,437 Capital outlay Communication Postage and copies Payment to other government units Other Total expenditures 14,727 Net changes in fund balances (10,844) Fund balance - July 1, 2008 21,418 Fund balance - June 30, 2009 $ 10,574 REGIONAL OFFICE OF EDUCATION #1 COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES $ $ NONMAJOR SPECIAL REVENUE FUNDS FOR THE YEAR ENDED JUNE 30, 2009 Institute General Funds Education Bus Pike Development Supervisory Driver County Fund Fund Fees 4,214 $ 17,040 $ $ 1,156 2,000 852 II 6 I 13 4,225 17,046 2,001 2,021 9,232 1,061 2,530 2,000 619 378 3,344 724 3,184 3,344 16,048 2,000 1,680 881 998 341 11,017 6,521 14,268 11,898 $ 7,519 $ $ 14,609 See accompanying Independent Auditor's Report 51 Pike County Film Miscellaneous Cooperative Fund Fund Finge!:,Erinting TOTAL $ $ $ 22,605 $ 48,887 87,770 2,013 89,783 2,852 152 9 2 205 87,922 2,022 22,607 141,727 30,149 30,149 39,687 16,845 66,825 2,770 9,209 2,726 2,447 5,551 16,781 7,088 7,088 244 968 27,925 31,109 110,345 2,691 16,845 167,680 (22,423) (669) 5,762 (25,953) 83,694 6,629 143,547 $ 61,271 $ 5,960 $ 5,762 $ 117,594 This is trial version www.adultpdf.com REGIONAL OFFICE OF EDUCATION #1 STATEMENT OF CHANGES IN ASSETS AND LIABILITIES AGENCY FUND FOR THE YEAR ENDED JUNE 30, 2009 DISTRIBUTIVE FUND Balance Balance July 1,2008 Additions Reductions June 30, 2009 ASSETS Cash $ 1,274 $ 1,219,516 $ Total assets 1,274 1,219,516 LIABILITIES Accwnulated interest payable $ 1,274 $ $ Total liabilities $ 1,274 $ $ See accompanying Independent Auditor's Report 52 1,220,646 $ 144 1,220,646 144 1,130 $ 144 1,130 $ 144 This is trial version www.adultpdf.com REGIONAL OFFICE OF EDUCATION #1 SCHEDULE OF DISBURSEMENTS TO SCHOOL DISTRICT TREASURERS AND OTHER ENTITIES DISTRIBUTIVE FUND FOR THE YEAR ENDED JUNE 30, 2009 West Central Region #240 Alternative Education $ $ General State Aid ARRA - General State Aid School Breakfast Program National School Lunch Program State Free Lunch and Breakfast ROE/ISC Operations ROE/ISC School Bus Driver Training Supervisory Expense English Language Learners Language Instruction Program for Limited English Proficient Students Truants Alternative and Optional Education Vocational Education 623,538 $ 623,538 $ See accompanying Independent Auditor's Report 53 ROE #1 Totals 90,000 $ 90,000 173,164 173,164 51,192 51,192 3,834 3,834 10,833 10,833 624 624 95,000 95,000 852 852 2,000 2,000 65,351 65,351 48,546 48,546 55,712 55,712 623,538 597,108 $ 1,220,646 This is trial version www.adultpdf.com . version www.adultpdf.com REGIONAL OFFICE OF EDUCATION #1 BUDGETARY COMPARlSON SCHEDULE EDUCATION FUND ACCOUNTS FOR THE YEAR ENDED JUNE 30, 2009 SEecial Education Grants Infant/Toddler. trial version www.adultpdf.com REGIONAL OFFICE OF EDUCATION #1 BUDGETARY COMPARISON SCHEDULE EDUCA nON FUND ACCOUNTS FOR THE YEAR ENDED JUNE 30, 2009 McKinney Education for Homeless. is trial version www.adultpdf.com REGIONAL OFFICE OF EDUCATION #1 BUDGETARY COMPARISON SCHEDULE EDUCATION FUND ACCOUNTS FOR THE YEAR ENDED JUNE 30, 2009 LIPLEPS Revenues: Local