1. Barbour County Board of Education
Accountability Reports for
September FY
October FY
November FY
December 10th , 2018 Board Meeting

2. Bank Statement Reconciliations

3. Bank Statement Reconciliations

4. Check Register Accountability Summary
09/01/2018 – 09/30/2018
State Fund Amount: $224,868.77
Federal Fund Amount: $324,421.48
Local Fund Amount: $152,165.18___
Totals: $701,455.43
*The full detailed register will be available on the Barbour County Schools website after board approval.

5. Check Register Accountability Summary
10/01/2018 – 10/31/2018
State Fund Amount: $16,776.58
Federal Fund Amount: $62,202.50
Local Fund Amount: $3,103.02__
Totals: $82,082.10
*The full detailed register will be available on the Barbour County Schools website after board approval.

6. Check Register Accountability Summary
11/01/2018 – 11/31/2018
State Fund Amount: $54,143.85
Federal Fund Amount: $82, Local Fund Amount: $37,718.39__
Totals: $174,213.37
*The full detailed register will be available on the Barbour County Schools website after board approval.

7. September FY 2017-2018 Payroll Register

8. October FY 2018-2019 Payroll Register

9. November FY 2018-2019 Payroll Register

10. Conclusion
The FY 2017 – 2018 Budget Amendments and EGap adjustments are approved by the ALSDE as of last week. *(They were due May of 2018)
The General Fund has been carrying the majority of the expenses the last several months.
There are Federal Funds for October, November, and December of FY that have not been received yet to date.
The School District had more expenditures than usual in regards to it’s aging bus fleet and Sewage Project this past year which put a strain on the district financially for FY
As stated in previous meetings, we must implement sound accounting practices from week to week in order to reduce expenditures wherever possible if we want to obtain our one month’s operating reserve. Once we get to that point, we must maintain that level of operation. If not, we will see continued months and years of a low operating reserve.
If sound accounting practices are not observed each month, we will continue to have delays in having financial reports ready on time at month and year end.
We are still processing FY edits so that our Fiscal Year ending financials will be in compliance and approvable by the ALSDE LEA Accounting Department.