Oelrichs School District 23-3 Balance Sheet Period Ending August 2018

Account Name / 10 General Fund / 21 Capital Outlay / 22 Special Education Fund/ 27 Impact Aid/ 51 Food Service/ 71 Trust & Agency Fund / TOTAL

Total Assets and Deferred Outflows of Resources 

Current Assets

101 First National Bank 1,966.93 454,423.09 12,870.67 2,040,368.45 22,843.23 0.00 2,532,472.37

103 Cash Change 500.00 0.00 0.00 0.00 0.00 0.00 500.00

104 First National Bank T&A 0.00 0.00 0.00 0.00 0.00 13,501.52 13,501.52

105 Interest Bearing Accounts 0.00 0.00 0.00 2,614,637.60 0.00 0.00 2,614,637.60

110 Taxes Receivable 63,336.13 78,944.17 43,860.95 0.00 0.00 0.00 186,141.25

112 Taxes Receivable Delinquent 1,632.90 829.84 430.64 0.00 0.00 0.00 2,893.38

120 Accounts Receivable 62,671.02 0.00 0.00 0.00 0.00 0.00 62,671.02

140 Due From Other Govts 90,043.00 0.00 0.00 0.00 (21,517.83) 0.00 68,525.17

171 Inventory-Food 0.00 0.00 0.00 0.00 234.56 0.00 234.56

172 Inventory Of Commodities 0.00 0.00 0.00 0.00 425.55 0.00 425.55

Current Assets 220,149.98 534,197.10 57,162.26 4,655,006.05 1,985.51 13,501.52 5,482,002.42

Long-term Assets

204 Equipment-Local 0.00 0.00 0.00 0.00 29,768.22 0.00 29,768.22

205 Equipment-Federal Assist. 0.00 0.00 0.00 0.00 5,133.10 0.00 5,133.10

208 Accum Depreciation-Local 0.00 0.00 0.00 0.00 (22,159.30) 0.00 (22,159.30)

Long-term Assets 0.00 0.00 0.00 0.00 12,742.02 0.00 12,742.02

Other Assets

390 Budgeted Revenue 1,939,620.00 232,327.00 190,105.00 605,304.00 107,264.00 0.00 3,074,620.00

392 Less: Revenue Received (265,577.55) (14,810.75) (4,278.88) (74,454.21) (434.10) 0.00 (359,555.49)

Other Assets 1,674,042.45 217,516.25 185,826.12 530,849.79 106,829.90 0.00 2,715,064.51

Total Assets and Deferred 1,894,192.43 751,713.35 242,988.38 5,185,855.84 121,557.43 13,501.52 8,209,808.95

Outflows of Resources

Other Liabilities

690 Budgeted Expenditures 1,939,620.00 232,327.00 190,105.00 605,304.00 107,264.00 0.00 3,074,620.00

692 Less: Expenditures to date (301,332.36) (12,582.00) (5,614.60) (100,000.00) (5,073.57) 0.00 (424,602.53)

Other Liabilities 1,638,287.64 219,745.00 184,490.40 505,304.00 102,190.43 0.00 2,650,017.47

Deferred Inflows of Resources

551 Unavailable Revenue - Property Taxes 2,028.64 1,459.65 1,749.25 0.00 0.00 0.00 5,237.54

553 Taxes Levied For Future 67,862.91 81,597.06 44,345.09 0.00 0.00 0.00 193,805.06

559 Other Deferred Inflows 62,671.02 0.00 0.00 0.00 0.00 0.00 62,671.02

Deferred Inflows of Resources 132,562.57 83,056.71 46,094.34 0.00 0.00 0.00 261,713.62

Fund Balance

704 002 Fund Balance Budgeted  0.00 0.00 0.00 0.00 0.00 0.00 0.00

706 Net Investment In Capital Assets 0.00 0.00 0.00 0.00 11,117.92 0.00 11,117.92

708 Unrestricted Net Assets 0.00 0.00 0.00 0.00 8,249.08 0.00 8,249.08

714 006 Reserve For Imprest 74,965.88 0.00 0.00 0.00 0.00 0.00 74,965.88

723 005 Undesignated Fund Balance 0.00 448,911.64 0.00 0.00 0.00 0.00 448,911.64

724 005 Undesignated Fund Balance 0.00 0.00 12,492.75 0.00 0.00 0.00 12,492.75

760 005 Undesignated Fund Balance 48,376.34 0.00 (89.11) 4,680,551.84 0.00 0.00 4,728,839.07

801 Club Accounts 0.00 0.00 0.00 0.00 0.00 6,267.98 7,233.54

Fund Balance 123,342.22 448,911.64 12,403.64 4,680,551.84 19,367.00 13,501.52 5,298,077.86

Total Liabilities, Deferred 1,894,192.43 751,713.35 242,988.38 5,185,855.84 121,557.43 13,501.52 8,209,808.95

Inflows of Resources, and Fund Equity

Published once at the total approximate cost of $195.30

Published: Sept. 27, 2018