Annual Budget (Amended) Fiscal Year 2014 Jason W. Taylor April 3, 2014

` Fiscal Year 2014 Budget (Amended) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2%

` Fiscal Year 2014 Budget (Amended) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2%

General Fund Budget (Initial vs Amended) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2%

General Fund Budget (Initial vs Amended) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2%

` Fiscal Year 2014 Budget (Amended) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2%

(Adjustment to Revenues) General Fund Budget (Adjustment to Revenues) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2% Selected Revenue Variances: USAC E-Rate Funding $ 4,800,000 Utility Reimbursement – Butler Water Leak $ 270,000 City Ad Valorem Tax Adjustment (Net) $ 255,000

(Adjustment to Expenditures) General Fund Budget (Adjustment to Expenditures) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2% Selected Expenditure Variances: Summer Education Programs $ 2,000,000 Deferred Capital Maintenance $ 2,000,000 Increase in Residual Fund Balance* $ 1,500,000 * Transferred to Debt Service Fund for future capital investment and debt service requirements.

(Adjustment to Expenditures) General Fund Budget (Adjustment to Expenditures) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2% Selected Expenditure Variances: Summer Education Programs $ 2,000,000 Deferred Capital Maintenance $ 2,000,000 Increase in Residual Fund Balance* $ 1,500,000 * Transferred to Debt Service Fund for future capital investment and debt service requirements.

Elementary Summer Programs Extended Learning Sites The sites will provide an additional month of continuous learning in core subject areas for students in PreK-5th. The program dates are June 2nd -27th. The program will run Monday-Friday from 8:00 a.m. to 2:30 p.m. Participation letters are being sent out to parents this week The following schools have been designated as extended learning sites: Lakewood McDonnell Rolling Hills University Place

Elementary Summer Schools Appleton Learning (No Fee) Students in Grades 2nd-5th who are being considered for retention will be assigned to the nearest site for additional intervention and enrichment in reading and math (tuition-free). Registration will take place in early May. The following schools have been designated as Appleton Learning sites: Blossomwood Goldsmith Schiffman Providence Weatherly Heights Martin Luther King, Jr.

Secondary Summer Programs Johnson HS Summer School (Grades 6 – 12) Credit Recovery Credit Enhancement (Health, Art, and Driver’s Ed) 9:00 to 4:30 Grissom HS (Grades 6-12) Credit Enhancement (Health, Art, and Driver’s Ed) 8:00 to 3:30 Westlawn MS Warrior Summary Academy (Grades 6-8) Summer enrichment providing reading, math and hands-on science activities to build interest in Project Lead the Way. Credit Recovery will be offered in core courses for Westlawn students who need to recover course grades for promotion. 8:00 – 3:30 Butler Extended School Year (Grades 9 – 12) Creative Writing Algebra I preparation for incoming freshmen Afternoon math lab, career lab and STEM lab for enrichment

Secondary Summer Programs Tuition and Fees Driver’s Education: $150.00 tuition + $40.00 (fees) - Huntsville City Schools students $175.00 tuition + 40.00 (fees) - Non-Huntsville City Schools students Art: $300.00 tuition+$30.00 (fees) - Huntsville City Schools students $350.00 tuition +$30.00 (fees) - Non-Huntsville City Schools students Health: $150.00 tuition - Huntsville City Schools students $175.00 tuition - Non-Huntsville City Schools students Credit Recovery: No tuition charged to Huntsville City Schools students $350.00 tuition – Non- Huntsville City Schools students

High School Summer Program Registration Registration for summer school will take place at the school site: April 7 – May 23, 2014 9:00 a.m. – 12:00 p.m. A deposit of $25 is required to register for credit enhancement courses and the deposit will be applied to the tuition for the course. The deposit must be paid by May 1 to reserve a seat. Tuition can be paid at the time of registration. Tuition must be paid in full no later than May 23, 2014.

(Adjustment to Expenditures) General Fund Budget (Adjustment to Expenditures) ACTUAL BUDGET $ VAR % BUDGET -------------- REVENUES STATE REVENUES $ 108,078,774 $ 107,908,979 $ 169,795 0.1% FEDERAL REVENUES 845,251 1,422,767 (577,516) -0.3% LOCAL REVENUES 96,243,298 92,987,042 3,256,256 1.6% OTHER REVENUES 371,957 10,000 361,957 0.2% TOTAL REVENUES 205,539,280 202,328,788 3,210,492 EXPENDITURES: INSTRUCTIONAL SERVICES 121,540,151 119,636,495 (1,903,656) -1.0% INSTRUCTIONAL SUPPORT SERVICES 30,241,415 35,237,781 4,996,366 2.5% OPERATIONS & MAINTENANCE 24,359,609 23,324,132 (1,035,476) -0.5% AUXILIARY SERVICES 5,899,051 6,370,789 471,738 GENERAL ADMINISTRATIVE SERVICES 11,214,224 7,418,853 (3,795,371) -1.9% DEBT SERVICES 1,227,753 - 0.0% OTHER EXPENDITURES 1,957,572 5,236,836 3,279,264 1.7% TOTAL EXPENDITURES 196,439,775 198,452,640 2,012,865 1.0% OTHER FUND SOURCES (USES): TRANSFERS IN 323,193 34.1% OTHER FUND SOURCES 1,908,749 2,149,033 (240,284) -25.3% TRANSFERS OUT 1,500,132 3,098,053 1,597,922 168.4% TOTAL OTHER FUND SOURCES (USES) 731,810 (949,020) 1,680,831 177.1% EXCESS REVENUES & OTHER SOURCES OVER(UNDER)EXPENDITURES & OTHER FUND USES 9,831,316 2,927,128 6,904,188 235.9% BEGINNING FUND BALANCE 844,421 ENDING FUND BALANCE $ 10,675,737 $ 3,771,549 $ 6,904,188 183.1% RESERVED FUND BALANCE (ENDING) 1,625,597.38 1,625,597 43.1% UNRESERVED FUND BALANCE (ENDING) 9,050,139.77 3,771,549.09 5,278,591 140.0% 10,675,737.15 REQUIRED FUND BALANCE (ALSDE) 16,369,981.23 % COVERAGE OF REQUIRED FUND BALANCE 55.3% 23.0% 32.2% Selected Expenditure Variances: Summer Education Programs $ 2,000,000 Deferred Capital Maintenance $ 2,000,000 Increase in Residual Fund Balance* $ 1,500,000 * Transferred to Debt Service Fund for future capital investment and debt service requirements.

Summer Projects 2014

SMALL Labs Total Budget = $279,000.00 Huntsville Middle School - completed Hampton Cove Middle School - in design Challenger Middle School Academy for Sciences and Foreign Language Chapman P-8 School Williams Middle School

Exterior Signage Projects Total Budget = $600,000.00 Jones Valley Elementary School Lee/ New Century High School James I Dawson Elementary School Challenger Elementary/Middle School

Playground Projects Total Budget = $257,147.00 Academy for Science and Foreign Languages Rolling Hills Elementary School Hampton Cove Elementary School (special needs) Providence Elementary School

Comprehensive Painting Projects Total Budget = $722,077.00 Mountain Gap P-8 School Morris Elementary School Weatherly Elementary School Jones Valley Elementary School Farley Elementary School Ridgecrest Elementary School

HVAC Unit & Control upgrades Total Budget = $295,000.00 Hampton Cove Elementary School Huntsville Middle School Jones Valley Elementary School Mountain Gap P-8 School

Floor Covering Projects Total Budget = $223,690.00 Chaffee Elementary School Remove carpet in classrooms & common areas Replace with VCT Montview Elementary School Remove carpet in all classrooms Paint hallways & classrooms

Davis Hills Revamp to McNair Total Budget = $115,000.00 Replace partial roof top HVAC units New HVAC in Gym Cueing and parking modifications New sign New school colors in gym including gym floor General upgrades in preparation for Ed White Students

Challenger School 25th Anniversary Total Budget = $280,000.00 Architectural upgrades to AV room: Including carpet, paint, seats, and sound system Parking Lot improvements

Huntsville Middle School Total Budget = $236,000.00 Field house Renovation for Football Team Internet Café Renovation AV room seat upgrades

SUMMARY 2014 SUMMER PROJECTS Twenty two schools addressed: 8 – Middle Schools 14 – Elementary Grand Total 2014 Summer Projects $3,634,901.88

QUESTIONS EXHIBIT F-I-A FUND TYPES & ACCOUNT GROUPS GOVERNMENTAL PROPRIETARY FIDUCIARY ACCT GROUPS SPECIAL DEBT CAPITAL ENTERPRISE TRUST & F/A & DESCRIPTION GENERAL REVENUE SERVICE PROJECTS INTERNAL AGENCY L/T DEBT -------------------------------------- -------------- ASSETS & OTHER DEBITS: CASH & CASH EQUIVALENTS 9,770,165.15 9,733,973.38 4,500.26 64,873,420.93 0.00 529,508.68 INVESTMENTS 2,094.75 RECEIVABLES ALLOWANCE FOR DOUBTFUL ACCTS INTERFUND RECEIVABLES 1,500,000.00 OTHER RECEIVABLES 5,321,734.39 4,111,162.47 730.39 INVENTORIES 316,421.31 OTHER ASSETS FIXED ASSETS 475,653,053.75 ACCUMULATED DEPRECIATION OTHER DEBITS AMT AVAILABLE IN DEBT SVC AMT PROV FOR PMT OF L-T DEBT 27,802,277.77 TOTAL ASSETS & OTHER DEBITS 16,593,994.29 14,161,557.16 530,239.07 503,455,331.52 LIABILITIES & FUND EQUITY: LIABILITIES: SALARIES & BENEFITS PAYABLE 274,082.01 PAYROLL W/H & DED PAYABLE 56,931.71 CLAIMS PAYABLE 18,950.00 5,362.88 OTHER PAYABLES INTERFUND PAYABLES 3,491,350.69 53,425.10 OTHER LIABILITIES 1,855,799.78 LONG-TERM LIABILITIES 2,133,874.44 TOTAL LIABILITIES 5,918,257.14 3,414,587.76 FUND EQUITY: INVESTMENT IN FIXED ASSETS RETAINED EARNINGS CONTRIBUTED CAPITAL RESERVED FUND BALANCE 1,625,597.38 485,435.30 1,854,033.30 UNRESERVED FUND BALANCE 9,050,139.77 10,261,534.10 63,019,387.63 473,307.36 TOTAL FUND EQUITY 10,675,737.15 10,746,969.40 TOTAL LIABILITIES & FUND EQUITY EXHIBIT F-I-A FUND TYPES & ACCOUNT GROUPS GOVERNMENTAL PROPRIETARY FIDUCIARY ACCT GROUPS SPECIAL DEBT CAPITAL ENTERPRISE TRUST & F/A & DESCRIPTION GENERAL REVENUE SERVICE PROJECTS INTERNAL AGENCY L/T DEBT -------------------------------------- -------------- ASSETS & OTHER DEBITS: CASH & CASH EQUIVALENTS 9,770,165.15 9,733,973.38 4,500.26 64,873,420.93 0.00 529,508.68 INVESTMENTS 2,094.75 RECEIVABLES ALLOWANCE FOR DOUBTFUL ACCTS INTERFUND RECEIVABLES 1,500,000.00 OTHER RECEIVABLES 5,321,734.39 4,111,162.47 730.39 INVENTORIES 316,421.31 OTHER ASSETS FIXED ASSETS 475,653,053.75 ACCUMULATED DEPRECIATION OTHER DEBITS AMT AVAILABLE IN DEBT SVC AMT PROV FOR PMT OF L-T DEBT 27,802,277.77 TOTAL ASSETS & OTHER DEBITS 16,593,994.29 14,161,557.16 530,239.07 503,455,331.52 LIABILITIES & FUND EQUITY: LIABILITIES: SALARIES & BENEFITS PAYABLE 274,082.01 PAYROLL W/H & DED PAYABLE 56,931.71 CLAIMS PAYABLE 18,950.00 5,362.88 OTHER PAYABLES INTERFUND PAYABLES 3,491,350.69 53,425.10 OTHER LIABILITIES 1,855,799.78 LONG-TERM LIABILITIES 2,133,874.44 TOTAL LIABILITIES 5,918,257.14 3,414,587.76 FUND EQUITY: INVESTMENT IN FIXED ASSETS RETAINED EARNINGS CONTRIBUTED CAPITAL RESERVED FUND BALANCE 1,625,597.38 485,435.30 1,854,033.30 UNRESERVED FUND BALANCE 9,050,139.77 10,261,534.10 63,019,387.63 473,307.36 TOTAL FUND EQUITY 10,675,737.15 10,746,969.40 TOTAL LIABILITIES & FUND EQUITY QUESTIONS