Welcome!

Harrisburg City School District

November 4, 2013
Presentation of the Districts Financial Condition for
the Budget, Finance, and Facilities Committee
By Peggy Morningstar, CFO

Multi-Year Comparison of Actual Results

Audited
FY2009/10

Audited
FY2010/11

Audited
FY2011/12

Local

$49,436,769

$51,362,822

$50,387,930

$52,473,105

State

64,745,834

62,936,967

61,116,868

63,650,391

Federal

22,144,008

18,704,619

10,962,094

15,697,659

3,674,539

1,110,020

$136,326,611

$136,678,947

$123,576,912

$131,821,155

$84,956,309

$76,561,001

$70,956,441

$72,655,370

38,491,447

34,626,806

32,907,447

31,543,371

466,182

787,627

632,220

788,257

15,223,437

15,250,541

15,055,322

15,445,557

Total Expenditures

$139,137,375

$127,225,975

$119,551,430

$120,432,555

(Deficit) / Surplus

($2,810,764)

$9,452,972

$4,025,482

$11,388,600

Revenues

Other
Total Revenues

Unaudited
FY2012/13

Expenditures
Instruction
Support
Services
NonInstruction
Other

FY2009/10 Budget vs. Actual

Revenues

Approved
Budget

Audited
Actual

Variances
Over/(Under)

Local

$47,808,866

$49,436,769

$1,627,903

State

76,272,569

64,745,834

(11,526,735)

Federal

23,350,989

22,144,008

(1,206,981)

Total Revenues

$147,432,424

$136,326,611

($11,105,813)

Expenditures

Approved
Budget

Audited
Actual

Instruction
Support Services
Non-Instruction
Other Financing Uses
Total Expenditures
(Deficit) / Surplus

Variances
Over/(Under)

$87,822,784

$84,956,309

($2,866,475)

43,166,561

38,491,447

(4,675,114)

605,418

466,182

(139,236)

15,837,661

15,223,437

(614,224)

$147,432,424

$139,137,375

($8,295,049)

($2,810,764)

FY2010/11 Budget vs. Actual

Revenues

Approved
Budget

Audited
Actual

Variances
Over/(Under)

Local

$48,582,450

$51,362,822

$2,780,372

State

70,720,100

62,936,967

(7,783,133)

Federal

18,166,283

18,704,619

538,336

3,674,539

3,674,539

$137,468,833

$136,678,947

($789,886)

Other Financing Sources

Total Revenues
Expenditures
Instruction
Support Services
Non-Instruction
Other Financing Uses
Total Expenditures
(Deficit) / Surplus

Approved
Budget

Audited
Actual

Variances
Over/(Under)

$82,873,588

$76,561,001

($6,312,587)

37,815,799

34,626,806

(3,188,993)

408,200

787,627

379,427

16,371,246

15,250,541

(1,120,705)

$137,468,833

$127,225,975

($10,242,858)

$9,452,972

FY2011/12 Budget vs. Actual

Revenues

Approved
Budget

Audited
Actual

Variances
Over/(Under)

Local

$49,091,573

$50,387,930

$1,296,357

State

58,733,114

61,116,868

2,383,754

Federal

10,671,138

10,962,094

290,956

1,110,020

1,110,020

Total Revenues

$118,495,825

$123,576,912

$5,081,087

Expenditures

Approved
Budget

Audited
Actual

Other Sources

Instruction

Variances
Over/(Under)

$70,399,085

$70,956,441

$557,356

37,192,146

32,907,447

(4,284,699)

501,553

632,220

130,667

16,091,561

15,055,322

(1,036,239)

Total Expenditures

$124,184,345

$119,551,430

($4,632,915)

(Deficit) / Surplus

($5,688,520)

$4,025,482

Support Services
Non-Instruction
Other Financing Uses

FY2012/13 Budget vs. Actual

Revenues

Approved
Budget

Unaudited
Actual
As of 11/1/13

Variances
Over/(Under)

Local

$50,009,683

$52,473,105

$2,463,422

State

$62,816,647

$63,650,391

$833,744

Federal

$20,437,694

$15,697,659

($4,740,035)

Total Revenues

$133,264,024

$131,821,155

($1,442,869)

Expenditures

Approved
Budget

Unaudited
Actual

Variances
Over/(Under)

Instruction

$80,458,872

$72,655,370

($7,803,502)

Support Services

$39,810,943

$31,543,371

($8,267,572)

$940,280

$788,257

($152,023)

$16,511,569

$15,445,557

($1,066,012)

Total Expenditures

$137,721,664

$120,432,555

($17,289,109)

(Deficit) / Surplus

($4,457,640)

$11,388,600

Non-Instruction
Other Financing Uses

Welcome!
Harrisburg City School District