1. Year End Summary Financial Presentation
4/6/2017
Financial Report
Summary Financial Report for the General Operating Funds of the Brunswick City School District Year Ended June 30, 2012
Presented by:
Patrick K. East, Treasurer/CFO
Year End Summary Financial Presentation

2. Cash Balances
June 30, 2012
General Fund Ending Cash Balance $7,902,525
Unencumbered Cash Balance $7,333,839
Year End Summary Financial Presentation

3. Year End Summary Financial Presentation
Days of Operating Cash
Based on a 240 day Operating Year, our ending General Fun Cash Balance had an equivalent reserve to cover:
26 Days
Year End Summary Financial Presentation

4. 1.15% Over Estimates to Actual
General Fund Estimated Resources to Actual Revenue:
Total Revenue $62,077,000
1.15% Over
Year End Summary Financial Presentation

5. Year End Summary Financial Presentation
Estimates to Actual
General Fund Estimated Expenditures to Actual Expenditures & Encumbrances:
Total Expenditures $66,801,000
0.63% Over
Year End Summary Financial Presentation

6. Year End Summary Financial Presentation
Unencumbered Cash
FY $1,129,000 est
FY $7,333,000
FY $11,137,000
FY $11,693,000
FY $9,889,000
FY $5,948,000
FY $1,961,000
FY $1,547,000
Year End Summary Financial Presentation

7. Year End Summary Financial Presentation
Basic State Aid
FY $20,015,000 est
FY $20,592,000
FY $19,984,000
FY $20,676,000
FY $22,275,000
FY $22,249,000
FY $22,296,000
FY $22,298,000
Year End Summary Financial Presentation

8. Personal Property Taxes
FY $ 816,000 est
FY $ 827,000
FY $ 825,000
FY $ 888,000
FY $1,668,000
FY $2,601,000
FY $3,423,000
FY $3,692,000
Year End Summary Financial Presentation

9. Personal Property Reimbursement (HB 66)
FY $ none
FY $ 932,000
FY $2,222,000
FY $2,182,000
FY $1,854,000
FY $1,024,000
FY $ 770,000
FY $ 129,000
Year End Summary Financial Presentation

10. General Fund – Federal Stimulus Money
FY $ none
FY $ 1,186,000
FY $ 1,698,000
FY $ 1,398,000
FY $ none
FY $ none
FY $ none
FY $ none
Year End Summary Financial Presentation

11. Year End Summary Financial Presentation
Sources of Revenue
Real & Personal Property Tax 53.4%
State Basic Aid %
Federal Aid (ARRA) 2.0%
Other State Aid %
Local Sources %
Year End Summary Financial Presentation

12. Year End Summary Financial Presentation
Expenditures
Salaries & Benefits %
Purchased Services 7.6%
Supplies & Equipment 4.3%
Other Expenditures 2.6%
Year End Summary Financial Presentation

13. General Fund – Estimated Cash Balances
Five Year Forecast
FY $ 1,129,000
FY ($ 5,152,000)
FY ($ 13,599,000)
FY ($ 24,348,000)
FY ($ 37,541,000)
Year End Summary Financial Presentation

14. Financial Forecast