INDEPENDENCE LOCAL SCHOOLS Board Meeting 3-20-2018 Exhibit #2 INDEPENDENCE LOCAL SCHOOLS Board Meeting 3-20-2018 February 2018 Financial Reports

Independence Local Schools Fiscal Year 2018 Revenue Collection by Fund Exhibit #2

General Fund Revenue Collection Exhibit # 2 Real estate estimates are decreased due to the reclassification of the TIF revenue into other revenues. This will allow for a clearer picture of the district’s tax duplicate collection rates and splits.

Independence Local Schools Fiscal Year 2018 Expenditure Projection by Fund Exhibit #2

General Fund Expenditure Exhibit #2

General Fund Monthly Expense Comparison Fiscal Year 2018 vs. Fiscal Year 2017 Exhibit #2

Independence Local Schools Fiscal Year 2018 Cash Flow by Fund Exhibit #2

Actual Month-End General Fund Cash Balance Exhibit #2 Large variances in cash flow are due to the Real Estate collection cycles in the spring and fall. (Feb. & March – August & Sept.)

Investment/Reconciliation Report Fiscal year 2018

Check Register Informational Item Warrants over $1,500

Projected General Fund Monthly Cash Flow

Monthly Cafeteria Report – Fiscal Year 2018

Cafeteria Meals Served Comparison