# tblCOAFunction

FunctionDescription:
Other Instructional Programs - Elementary/Secondary


FunctionDescription:
Operation & Maintenance of Plant Services


FunctionDescription:
Facilities Acquisition, Construction and Improvement Services


FunctionDescription:
Payments in Lieu of Current Taxes - State / Local Reimbursement


FunctionDescription:
Payments in Lieu of Current Taxes - Federal Reimbursement


FunctionDescription:
Current Act 511 Taxes - Flat Rate Assessments


FunctionDescription:
Local Services / Occupational Privilege Taxes


FunctionDescription:
Current Act 511 Taxes - Proportional Assessments


FunctionDescription:
Business Privilege Taxes - Proportional Rate


FunctionDescription:
Non-Real Estate Taxes - First Class Districts Only


FunctionDescription:
Delinquencies on Taxes Levied / Assessed by LEA


FunctionDescription:
Revenue from Intermediary Sources / Pass-Through Funds


FunctionDescription:
Services Provided Other Local Governmental Units / LEAs


FunctionDescription:
Revenue From Community Service Activities


FunctionDescription:
Basic Instructional & Operating Subsidies


FunctionDescription:
Tuition for Orphans and Children Placed in Private Homes


FunctionDescription:
Subsidies for Specific Educational Programs


FunctionDescription:
Specialized Education of Exceptional Pupils


FunctionDescription:
Special Education Funding for School Aged Pupils


FunctionDescription:
Rental and Sinking Fund Payments / Building Reimbursement Subsidy


FunctionDescription:
Health Services (Medical, Dental, Nurse, Act 25)


FunctionDescription:
Sewage Treatment Operations / Environmental Subsidies


FunctionDescription:
State Categorical Revenue Not Listed Elsewhere in the 7000 Series


FunctionDescription:
Revenue for Milk, Lunch and Breakfast Programs


FunctionDescription:
Revenue for the Commonwealth of PA's Share of Paid Benefits


FunctionDescription:
State Share of Social Security and Medicare Taxes


FunctionDescription:
Unrestricted Grants-in-Aid Direct from Federal Government


FunctionDescription:
Payments for Federally Impacted Areas - P.L. 81-874


FunctionDescription:
Other Unrestricted Grants-in-Aid Direct from Federal Government


FunctionDescription:
Unrestricted Grants-in-Aid from Federal Gov't Through Commonwealth


FunctionDescription:
Restricted Grants-in-Aid Directly from Federal Government


FunctionDescription:
Payments for Federally Impacted Areas - P.L. 81-815


FunctionDescription:
Other Restricted Grants-in-Aid Directly from Federal Government


FunctionDescription:
Restricted Grants-in-Aid Through Commonwealth - IDEA, NCLB, etc.


FunctionDescription:
Grants for IDEA and NCLB Programs not Specified in 8510 series


FunctionDescription:
NCLB, Title I - Improving the Acad. Achvmnt. of the Disadvantaged


FunctionDescription:
NCLB, Title II - Prep., Train. & Recruit. High Qual. Teachers & Principals


FunctionDescription:
NCLB, Title VI - Flexibility and Accountability


FunctionDescription:
Vocational Education - Operating Expenditures


FunctionDescription:
Restricted Grants-in-Aid Through Commonwealth - Driver Ed, Adult Ed, etc.


FunctionDescription:
Other Restricted Federal Grants-in-Aid Through the Commonwealth


FunctionDescription:
School-Based Access Medicaid Reimbursement Program (SBAP) (ACCESS)


FunctionDescription:
Medical Assistance Reimbursement For Administrative Claiming (Quarterly)


FunctionDescription:
Sale or Compensation for Loss of Fixed Assets


FunctionDescription:
Transfers Involving Component Units and Primary Governments


FunctionDescription:
Subsidies for Milk, Lunch and Breakfast Programs


FunctionDescription:
NCLB, Title III - Language Instr. for LEP and Immgrant Students


FunctionDescription:
Other Program Subsidies Not Listed in 7200 Series


FunctionDescription:
Other State Revenue Not Listed in the 7500 Series


FunctionDescription:
Taxpayer Relief Taxes - Proportional Assessments


FunctionDescription:
Medical Assistance Reimbursements (ACCESS) - Early Intervention


FunctionDescription:
Other Financing Sources Not Listed in the 9000 Series


FunctionDescription:
ARRA - Title II, Part D Education Technology


FunctionDescription:
ARRA - National School Lunch Program Equipment


FunctionDescription:
Revenue for the Support of Public Schools


FunctionDescription:
ARRA-Qualified School Construction Bonds (QSCB)


FunctionDescription:
ARRA-Qualified Zone Academy Bonds (QZAB)


# tblCOAFund

FundDescription:
Other Comptroller-Approved Special Revenue Fund


FundDescription:
Enterprise Fund (Food Service, Child Care)


FundDescription:
Fiduciary Trust Fund (Investment, Pension)


# tblCOAObject

ObjectDescription:
Purchased Professional & Technical Services


# tblCOAStmtAcct

AcctDescription:
Estimated Ending Nonspendable and Restricted Fund Balances Not Scheduled for Liquidation


AcctDescription:
Estimated Ending Unassigned Fund Balance


# tblConSchedules

Explanation:
Equipment purchases to upgrade classrooms


Description:
Estimated Beginning Fund Balance - Committed


Description:
Estimated Beginning Fund Balance - Unassigned


Description:
Estimated Ending Unassigned Fund Balance


Explanation:
Healthcare Premiums and Retirement (PSERS) Contributions


Description:
Estimated Beginning Fund Balance - Assigned


Explanation:
To limit functional appropriations to suportable estimates


Explanation:
Fund balance will be used for future contingencies.


Explanation:
Assigned for additional space and new building. Increase in employee benefits along with retirement match.


Explanation:
Funds to be used for future expenditures.


Explanation:
Excess funds established for capital program


Explanation:
It is prudent to establish a fund balance for unforseen circumstances and emergencies.


Explanation:
Carryover to offset increase in rents, anticipated leasehold improvements, additional future costs for inflation, and salary increases.


Explanation:
City Charter High School maintains a $2 million Budgetary Reserve in anticipation of higher PSER contributions, higher health care costs, increases in utilities, and salaries in the near future.


Description:
Estimated Ending Nonspendable and Restricted Fund Balances Not Scheduled for Liquidation


Explanation:
Assigned for Special Education and Pension Plan future needs


Explanation:
Unassigned Fund Balance will be maintained for operations


Explanation:
Assigned for Special Education and Pension Plan future requirements


Explanation:
Unassigned Fund Balance will be maintained for operational needs.


Explanation:
Unassigned Fund Balance will be maintained for operational needs


Explanation:
Unassigned fund balance will be maintained for operational needs


Explanation:
Assigned for Special Education and Retirement Plan future requirements


Explanation:
This is an accumulation of all prior year net surpluses less any net deficits for any unforeseen capital expenditures.


Explanation:
June 30 2014 Estimated Ending Unassigned Fund Balance


Explanation:
Set aside for capital improvement; 3 plus months of operating expenses; PSERS


Explanation:
unassigned money goes towards general fund operating expenses


Explanation:
Net result of operations to be used in future budget


Explanation:
Ending Fund Balance will carry forward to next fiscal year


Description:
Extended Term Financing Agreements Payable


Explanation:
Funds resereved for building renovations, and furniture


Explanation:
Funds available for unexpected expendiutres or revenue shortfall.


Explanation:
Funds available to meet potential revenue shortfall


Explanation:
Trustees have not designed or assigned any portion of fund balance; trying to build up a small "reserve" due to uncertainty of grants and fluctuations in funding sources


Explanation:
Surplus funds are budgeted for unforseen expenditures.


Explanation:
Infinity Charter School has committed funds for operating, lease and special education commitments.


Explanation:
Infinity Charter School has assigned funds to help offset unexpected cash flow problems due to delay in ADM payments from districts,  an unexpected decrease in ADM rates, or increased special needs services.  Additional funds have been assigned for potential postemployment benefits and future expansion.


Explanation:
Infinity Charter School plans to move to a larger facility in the future. A significant portion of our fund balance will be used toward the construction of a new facility, as well as relocation costs.  Funds may also be used for increased lease costs, if an existing, larger facility is found to move to in the interim.


Explanation:
Specific Fund Reservation: $ 6,000,000 purchase/construction of facilities; $900,000 increase employee health & Pension liability; $500,000 working capital; $550,000 software licsense commitment; $4,150,000 blended center commitment; $300,000 summer course commitment.


Explanation:
reserves for future operations, expansions


Explanation:
Future employer retirement rate increases.


Explanation:
Estimated reserve will be used for unanticipated expenses


Explanation:
Bear Creek Community Charter School is assigning $4,990,000 to the construction of a new facility at 6/30/13 and intends to assign an additional $1,002,000 at 6/30/14.


Explanation:
This amount represent the items that are prepaid for the following school year.


Explanation:
Unassigned Fund Balance is used to cover several months of expenditures because tuition payments are not received from districts and PDE until September/October.


Explanation:
Since Ending Fund Balance is a function of school's financial activity and we're forecastingthat the amount of FY 2013-14 expenditures will be equal to the amount of revenue that will be earned, the Ending Fund Balance will stay unchanged and equal to the Beginning Fund Balance.


Explanation:
For future construction costs to support the increase in the future number of student enrollment.


Explanation:
Commited for Capitl expenditures relating to Biology and Chemistry labs


Explanation:
Assigned fund balance designated for future pension and healthcare cost increases.


Explanation:
Balance designated for both instructional and non-instructional operations.


Explanation:
Assigned for future retirement and health care increase. Along with future technology upgrades.


Explanation:
Funds committed for reduction of $1,898,520 mortgage balance to be refinanced by March 1, 2015.


Explanation:
Funds to be set aside to increase reserve balance to offset part of increase in PSERS as well as salaries and vendor payment in the eventthat revenue receivable is delayed.


Explanation:
It is prudent to have a reserve for unforseen events, which is less than 5% of projected revenues.


Explanation:
This amount represents the estimated unassigned fund balance (unaudited) at the end of the fiscal year


Explanation:
At the recommendation of auditors, a prudent fund balance is maintained in the event of unanticipated expenses.


Explanation:
Includes nonspndable & committed fund balances


Explanation:
Includes amounts assigned for encumbrances


Explanation:
Fund balance will be used for future contingencies


Explanation:
Reserve for future Debt payments and Capital Expenditures


Explanation:
Fund Balance utilized for future contingencies.


Explanation:
Estimated Ending Unassigned Fund Balance is the estimated beginning unassigned fund balance plus the estimated 2013-2014 revenues less the estimated 2013-2014 expenditures.


Explanation:
Estimate of amount committed for future expenditures associated with expansion of the school to serve grades nine through twelve.


Explanation:
Unassigned fund balance maintained at target of five to eight percent to meet future contingencies.


Explanation:
Budgetary reserve maintained at one percent of revenues to allow for in-year contingencies.


Explanation:
Designated for Capital Projects and unforseen contingency.


Explanation:
Transfer to reserve from operating budget


Explanation:
It is prudent to establish a fund balance for unforseen circumstances.


Explanation:
Reserve will be saved for unexpected contingencies.


Explanation:
$500,000 assigned for future purchase of building and leashold asset, Remainder of fund balance $ 143,291 assigned for increase employee benefits and retirement cost.


Explanation:
Unassigned fund balance maintained to meet future contingencies.


Explanation:
Budgetary reserve for in-year contingencies.


Description:
Appropriation of Prior Year Fund Balance


Explanation:
Assigned for Capital expenditures, future health benefit increases, future PSERs increases and School district reductions


Explanation:
Designated for future budget deficits and facilities


Explanation:
The projected loss in 2013-14 is primarily due to one-time start-up and construction costs associated with adding grades K-6 to the enrollment and placing these new students in a new building.  We are activiely seeking contributions, grants and other support for these start-up and construction costs but have not included this in the 2013-14 budget.


Explanation:
Remaining fund balance will be used for future contigencies.


Explanation:
Assigned for future increase in employees benefits and retirement.


Explanation:
Its prudent to establish a fund balance for unforeseen circumstances.


Explanation:
Contingency reserve for Capital Projects.


Explanation:
It is prudent to establish a reserve for unforseen circumstances.


Explanation:
Fund Balance reserved for future contingencies.


Explanation:
Fund balance assigned for future retirement contributions, health benefits  and capital expenditures


Explanation:
Designated for capital improvements, future employer pension costs, and technology replenishment.


Explanation:
Unassigned fund balance reflects budgeted purchase/renovation of school facilities.  Fundraising efforts are in process to offset planned FY14 deficit


Explanation:
Designated for facilities or future budget deficits


Explanation:
It is prudent to establish a fund balance for unforeseen circumstances.


Explanation:
It is prudent to setup a fund balance for any unforeseen events.


Explanation:
Combination of enrollment growth and cost restructuring, reduction efforts that have been put in place are expected to produce surpluses


Explanation:
It's prudent to establish a fund balance for unforeseen events


Explanation:
Fund balance reserved for future contingency.


Explanation:
Designated for future budget deficits, capital projects and facilities


Explanation:
Since Ending Fund Balance is a function of school's financial activity, and we're forecasting that the amount of Fy 2013-14 expenditures will be equall to the amount of revenue that will be received, the Ending Fund Balance will stay unchanged and eual to the Beginning Fund Balance.


Explanation:
Reserved for paying legal fees, lawsuit proceeds and unforeseen expenditures.


Explanation:
Designated for future budget deficits and facilities needs


Explanation:
Unassigned fund balance amount maintained to meet future contingencies.


Explanation:
Reserved for building purchase and capital expenditures


Explanation:
Designated for Capital Projects and unforseen contingency


Explanation:
budgeted surplus for contingency purposes


Explanation:
Remaining fund balance will be used for future contingencies.


Explanation:
Reserve will be used for unexpected contingencies.


Explanation:
Excess of accumulated revenues over expenditures


Explanation:
This estimated ending unassigned fund balance will be used for cash flow needs during the summer months until billing resumes for the 13-14 school year.


Explanation:
It is prudent to establish a fund balance for unforseen circumstances and emergencies


Explanation:
Funds placed in reserve to fund future retirement spike and future capital projects


Explanation:
Prudent fiscal management to cover emergencies


Explanation:
Contingency For Potential Decrease in State/Federal Funding.


Explanation:
Funds to be used for future retirement increases $2,000,000 and funds to be used for athletic programs $8,000


Explanation:
Funds to be used for cash flows and emergencies


Explanation:
In a financially prudent manner, maintain an amount anticipated necessary for future facility, other large capital and large non-recurring expenditures, required to continue to operate a public education program.


Explanation:
To maintain a fund balance of approximately 7% of the subsequent years budget.  This target amount is maintained as suggested by generally accepted recommendations.


Explanation:
To provide for a budgetary reserve allowing for unanticipated financial hardships and to provide reserve for projected State revenue that has not been confirmed as of the date of Preliminary Budget Adoption.


Explanation:
This is reserved for any unexpected costs that may occur during the budget year.


Explanation:
Inventories and consortium prepaid expenses


Explanation:
Planned use of $972,000 towards PSERS increase and $800,000 towards medical benefits increases.


Explanation:
Unassigned fund balance will be used to generate investment income and assist with leveling out annual tax increases.  It will also be used to satisfy unforeseen expenditures and guard against unexpected interruptions in revenues.


Explanation:
The Budgetary Reserve allows for expenditures associated with the second year of the School Improvement Grant that was awarded beginning in the 2012-2013 school year.  The budget for this grant has not been finalized, and exact categories of expenditures are not yet know.


Explanation:
To satisfy unforeseen expenses such as emergency repairs or unanticipated staffing additions; to guard against unexpected interruptions in revenue; to offset variations in federal, state or local cash flow; to assist in leveling out annual tax increases; to generate investment income; to maintain a good credit and bond rating.


Explanation:
Reserve for upcoming construction project


Explanation:
6% unassigned fund balance for unexpected decreases in revenues or increases in expenditures.


Explanation:
Health Premium Post Retirment & Continguency Education Fund


Explanation:
1,017,050 from fund balance will be used to balance the budget


Explanation:
AMOUNT WILL BE USED FOR UNEXPECTED EXPENDITURES


Explanation:
To reflect deficit included in the 13-14 Budget


Explanation:
to be used for extraordinary or unforeseen expenditures


Explanation:
Additional monies received from active and dormant coal reserves and properties.


Explanation:
To be used for emergency expenses not budgeted within general fund budget.


Explanation:
Committed for athletic activity expenditures.


Explanation:
Assigned for retirement obligations and technology initiative.


Explanation:
Cash flow needed during July and August for payroll and payables when minimal revenue is received.  The District's increased expenditures exceed the revenues received with future obstacles to confront.


Explanation:
The amount reserved is an immaterial amount at less than .2% of the budget, but if an emergency occurred the money would be utilized.


Explanation:
Due to funding reductions many maintenance projects have been on hold - reserve necessary to any repairs that can't be put off any longer - also difficult to anticipate cyber tuition costs


Explanation:
The district estimates a beginning fund balance to start the 2013-2014 school year.


Explanation:
Amount left over after revenues and expenditures were calculated. Estimated to be the balance at the end of 2013-2014.


Explanation:
The Budgetary Reserve is there to be used for unknown maintenance repairs; ex: roof, furnace, plumbing, electrical, etc.


Explanation:
Expeditures will decrease; not to decrease fund balance


Explanation:
Post-retirement Benefits Committed Fund established by the Board on June 17, 2013. (GASB 45).


Explanation:
Monies to be used for unforeseen expenses and/or capital improvement projects.


Explanation:
Money committed per board action to the technology fund within the General Fund.


Explanation:
Revenues are expected to exceed expenses for the 2013-14 school year.


Explanation:
Fund balance is necessary to maintain a cash balance through the summer months when tax collections are low.


Explanation:
$3,500,000 assigned for debt service reduction and $4,500,000 assigned for retirement rates increases.


Explanation:
The District intends to use the fund balance to limit future tax increases by funding yearly projected deficits. Also, the fund balance will serve as a contingency to fund operational costs for unforseen expenses and retirement rate increases.


Explanation:
This amount represents the assigned fund balance.


Explanation:
Having the recommended fund balance per PDE provides stability for the District.


Explanation:
To help fund school district expenditures in July and August.


Explanation:
Estimated unassigned fund balance for emergencies & contingencies


Explanation:
Assigned for future PSERS and Healthcare increases


Explanation:
Fund Balance will be used to mitigate any future millage increase


Explanation:
Baord approved for future projecected PSERS Increases


Explanation:
The school board has committed this portion of fund balance for future retirement expenditures.


Explanation:
Assigned fund balance provides for a multiple year plan of capital improvements and replacements within each building.  These items are one- time expenditures and an appropriate use of fund balance reserves in accordance with school board policy.  Additionally, funds have been assigned for increasing costs related to employee benefits (such as healthcare premiums and retirement contributions) and debt service expenditures.


Explanation:
This represents an estimate for healthcare premiums paid one month in advance as of June 30, 2014.


Explanation:
Unassigned fund balance falls within the 8% limitation established by PDE and school board policy.  These funds provide for unanticipated expenditures of any nature.  Additionally, reserves are invested in accordance with Pennsylvania School Code provisions and school board policy to provide increased investment income to the school districts which supporta programs provided to students


Explanation:
This line item provides for unanticipated expenditures which could occur within the fiscal year.  Expenditures are not made from this account, but rather transferred in accordance with Pennsylvania School Code and school board policy.  Examples of such expenditures may include additional services or personnel required for special education students and programs, transportation requirements beyond anticipated need, replacement of capital equipment/fixtures or safety issues which require immediate repair or replacement.


Explanation:
This amount represents the balance in the benefit stabilization fund


Explanation:
Projected Difference between Revenues and Expenditures


Explanation:
Items committed to inventory, prepaid expenditures, tax refunds, retirement benefits, severance payments, retiree health benefits


Explanation:
Assignments are for health insurance increases and PSERS employer contribution increases.


Explanation:
Unassigned fund balance is for unexpected maintenance on buildings and grounds.


Explanation:
Reserved for unexpected expenditures during the 2013/14 year


Explanation:
To secure and insure future years financial solvency


Explanation:
To provide for unknown contingencies that may occur during the year


Explanation:
Board Policy Requires the district to maitain an 8% fund balance


Explanation:
Fund balance will be reduced during the 2013-2014 Fiscal year to the projected balance of $205,739.


Explanation:
Assigned for future retirement expenditures.


Explanation:
Balance is committed to fund the PSERS rate spikes anticipated in the next several years and bridge the revenue gap created by Act 1 limitations.  A small portion of funds are committed for grants to be awarded for Arts/Music programs within the district.


Explanation:
Funds are assigned to fund anticipated future capital projects/improvements to maintain our buildings and grounds thoughout the district.


Explanation:
Unassigned fund balance is utilized for unanticpated expenditures that occur within the district.


Explanation:
Reserve is maintained to allow for fluctuations in unanticipated or unpredictable expenditures wihc could inlcude high tax refunds due to reassessement, utility and fuel costs, charter school tutiion, special needs student services and related expenditures.


Explanation:
The Gateway School District has adopted a Final General Fund Budget with a 0.3704 mill real estate tax increase and the usage of $0 of the District's Committed Fund Balance for the 2013-2014 fiscal year.


Explanation:
The Gateway School district has adopted a Final General Fund Budget with a 0.3704 mill real estate tax increase and the usage of $0 of the District's Unassigned Fund Balance for the 2013-2014 fiscal year.


Explanation:
Funds held in reserve for future PSERS costs - $5,763,000 and funds held in reserve for future tax refunds - $600,000.


Explanation:
Funds held in reserve for summer program.


Explanation:
District's fund balance will be maintained for possible revenue losses or unforeseen expenses.


Explanation:
Funds in budgetary reserve are for up to 1.5 additional elementary teaching positions that could be needed if enrollment increases during the summer months.


Explanation:
Budget reserve is less than 1% of total budget which will be used to cover unanticipated expenditures or under budget budget categories.


Explanation:
PSERS increases, Post Retirement Benefits, Health Insurance increases and real estate tax refunds from Allegheny County Reassessment.


Explanation:
Future expenditure increases with executed contracts, retirement and health insurance increases that exceed maximum increases in revenues


Explanation:
Funds assigned to defray future PSERS employer contribution rate increases.


Explanation:
Prudent fiscal management.  Includes $662,902 estimated non-spendable fund balance that is scheduled to be liquidated for prepaid health insurance premiums.


Explanation:
OPEB Reserve and Transfers to Capital Fund


Explanation:
Represents the unreserved fund balance which is 6% of current year's budget.


Explanation:
Amount that is not reserved or legally segregated for a specific purpose


Explanation:
The estimated ending unassigned fund balance is within allowable limits based on total budgeted expenditures.


Explanation:
This represents inventoried supplies maintained in our warehouse that have not been requisitioned or distributed to our schools, as well as prepaid expenses


Explanation:
This represents the estimated cost of early retirement incentive programs that have been entered into and to which we are obligated, but which are not recorded as liabilities on the balance sheet under Generally Accepted Governmental Accounting Principals


Explanation:
This represents the unassigned general fund balance


Explanation:
This represents a $350,000 or .5% contingency fund for unanticipated expenses as well as a $200,000 contingency for unanticipated grants (which is directly offset by a balancing revenue contingency of the same amount)


Explanation:
Fund Balance will not be used.  Board is restructuring current debt for 2.8 million minimum along with furloughs which have not yet been board approved as of 6/24/2013.


Explanation:
Budgetary Reserve for Reassessment Appeals Refunds and General Contingencies


Explanation:
PSERS, Healthcare, Facilities, Equipment & Technology


Explanation:
For unexpected expenditure or revenue shortfalls


Explanation:
Fund Balance for capital projects, improvements and retirement conttributions


Explanation:
This amount represents approximately 4.8% of our total general budget revenues/expenditures.  This amount is within the district's policy regarding fund balance reserves.


Explanation:
Capital Improvements, PSERS Increases & Litigation/Appeals


Explanation:
Prepaid expenses for next fiscal year - insurances


Explanation:
Allocation for unforseen expenditures that can arise during the fiscal year


Explanation:
Commited Breakdown:  Gas Leases 414942  PSERS Obligations 2331928 plus an additional $4,000,000 for PSERS, OPEB, and future construction


Explanation:
District maintained fund balance - less than 8%


Explanation:
The district annually budgets an amount for Budgetary Reserve.  The District is one of the fastest growing schools in the state and we need to budget for unanticipated expenses, furthermore, we are opening a new intermediate school building which is scheduled for completion in July 2013 and we had to estimate utilities, etc.


Explanation:
Revenues over expenditures and numerous furloughs.


Explanation:
This is to fund future PSERS obligations


Explanation:
The year end balance is expected to be $3.4 million


Explanation:
This is used to fund extraordinary unplanned events.


Explanation:
Amounts are assigned for PSERS rate stabilization, Capital Projects, and Technology.


Explanation:
This is unassigned fund balance, maintained to aid cash flow in times of slower revenue collections.


Explanation:
Fund Balance has been committed for post-retirement benefits, future retirement expenditures, future capital projects and health insurance.


Explanation:
An estimated ending unassigned fund balance that is 6.5% of total budgeted expenditures.


Explanation:
reserve for Possible increased special education/charter costs associated with new stduents.


Explanation:
District can be be assigning these funds for any use.


Explanation:
Reserved for unanticipated expenses in certain instructional and non-instructional areas.


Explanation:
Assigned for future increases in PSERS rate


Explanation:
Fund balance is maintained for cashflow purposes and unanticipated expenditures.


Explanation:
the reserve consists of $100,000 for potential educational expenditures as a result of unanticipated grants and $200,000 for unforseen expenditures due to extraordinary events. A line item for extra grants in included in the revenue and taxes have not been levied for extraordinary events.


Explanation:
$900,000 assigned for future PSERS contributions; $500,000 assigned for future capital projects


Explanation:
Estimated ending nonspendable fund balance for inventory and prepaid expenses


Explanation:
contingency line item for unforseend expenditures


Explanation:
The Assigned Fund Balance will be for future budgeted use and anticipated retiremetn increases.


Explanation:
The Estimated Ending Unassigned Fund Balance is less than the 8% of the total budget.


Explanation:
The Budgetary Reserve amounts to less than 1% of the budget.


Explanation:
To be used for medical, dental, vision and life insurance obligations related to Early Retirement Incentives put in place through various CBA's.  Also to be used for future increases in PSERS contributions


Explanation:
To be used to stabilize district finances, increase revenue through investment income, provide for flat state funding and for unexpected expenses.


Explanation:
The purpose of the budgetary reserve is to provide for unanticipated expenses related to special education, security initiatives, charter/cyber school, vocational education, transportation and buildings/grounds issues.


Explanation:
These amounts are assigned to cover expected future expenses.  2 milion in capital assets and 1.5 million in premiums for retirees


Explanation:
The fund balance is liquid for district use.


Explanation:
The budgetary reserve is to be used for unexpected expenses and mergencies that may arise during the school year.


Explanation:
Committed to future capital projects and retirement contribution increases


Explanation:
Assigned to future capital projects and retirement contribution increases


Explanation:
The District restricts these funds to be used for projects/maintenance and offsets to PSERS and health insurance increases.


Explanation:
The District maintains this estimated fund balance that may be used in the event that payments or other revenues are not received on time or as budgeted.


Explanation:
This fund will be used in case of emergency or unforseen expenses that occur during the year or for budgetary transfers when necessary.


Explanation:
Set aside for future budget increases in hospitalization, retirement and capital projects.  Any transactions in this account require board authorization.


Explanation:
To be used to balance budget in future years and to eliminate future tax increases


Explanation:
We have retired debt and will use a portion of these freed-up monies to upgrade and maintain our facilities.


Explanation:
This is our Capital Reserve fund that is set aside for major maintenance projects.


Explanation:
These are our contingency funds for unanticipated and emergency costs or to use should revenue be reduced or delayed.


Explanation:
Budgeted use of fund balance for emergency or unanticipated costs.


Explanation:
This amount is entered for unexpected occurances.


Explanation:
This amount is entered for unexpected expenditures during the course of the year.


Explanation:
$3,068,000 for capital improvements, $1,500,000 for future retirement increases, $500,000 for future health care premium increases.


Explanation:
The ending fund balance as been used to balance the budget and minimize future tax increases.


Explanation:
Budgetary reserve is to allow for unforeseen expenditures during the school year and is also a way to balance deficit items within the budget.


Explanation:
TO BE USED FOR FUTURE RETIREMENT BENEFITS AND TO BE LIQUIDATED IN 2013-2014


Explanation:
District Committed these funds for Medical Expences


Explanation:
District assigned these funds for Post Employment Benefits


Explanation:
District budgeted a $555,330 defict for 2013-14 Fiscal Year.


Explanation:
To fund post employment benefits, capital expenditures and reparis, self insurance contingencies


Explanation:
To provide for financial stability for the district and adequate cash flow


Explanation:
To provide financial stability for the district and adequate cash flow


Explanation:
Start up Monies to Start the School Year before Tax Revenues become availiable


Explanation:
Reserve for Unexpective Expenditures not Budgeted


Explanation:
Committed for future debt service requirements, equipment, replacement, retirement increases, health insurance increases, reitree health insurance and/or capital projects


Explanation:
To be used to assist in offsetting expenditure increases in future fiscal year budget


Explanation:
Retiree Health Care $388,000, PSERS Payments $528,000, Transfers 50,000


Explanation:
Fund balance for carry-over to subsequent year's budget, net of other assigned fund balances


Explanation:
Reserve for transfer to appropriate expenditure accounts in the event that costs exceed budgeted amounts


Explanation:
These funds have been committed for retirees Health Care Costs, the increase in the Employer Retirement Increase, and debt service costs


Explanation:
This is the estimated amount that may be used from the District's fund balance.


Explanation:
Due to the decrease in State Funding in Special Education and ESBE this amount may be necessary for future District costs.


Explanation:
Budgetary Reserve would be used for unexpected expenditures related to personnel hirings and/or Special Education costs.


Explanation:
The District has a Debt Service Fund which has designated funds to pay long term debt principal and interest.  The District has a Capital Reserve Fund for future capital outlays.  The District has a committed fund balance for future increases to retirement costs.


Explanation:
The District has designated funds to a Restricted Captial Projects Fund and Nonspendable Fund for prepaid expenses


Explanation:
The District has an Unassigned Fund Balance which can be used to offset revenues shortages


Explanation:
The District budgeted $100,000 in Budgetary Reserve for emergency purposes.


Explanation:
Assigned funds for future mandatory benefits related to escalating PSERS current funding and contractural retiree healthcare


Explanation:
Estimated amount within Act 48 of 2003 limitations


Explanation:
Maintain for day-today cash flow purposes


Explanation:
Contingency to address emergency type expenditures and/or unanticipated grants or programs.


Explanation:
Retirement 250,000 Healthcare 200,000 Debt 393,097


Description:
Estimated Beginning Fund Balance - Nonspendable


Explanation:
Assigned for future budget deficits especially those contributed to psers increases


Explanation:
ending fund balance will be applied as beginning fund balance of the next sy


Explanation:
Reserve for unknown expenditures and emergencies


Explanation:
Retirement, Health Ins Reserve, Debt Service Reserve


Explanation:
Represents the previous negative fund balance that has built up over the previous several years.


Explanation:
To cover anticipated expenditures for state, federal, and local funds throughout the year.


Explanation:
Committed for fluctuations in earned income tax revenue, and major expenditures including medical insurance and PSERS contributions.


Explanation:
This amount represents approximately one tenth of one mill of real estate tax that the district appropriates to cover unexpected expenditures as all line items are established by item justification.


Explanation:
Board Approved PSERS Rate Stabilization, Debt Service Spike, Compensated Absences, OPEB, Health Care, Act 77, ACCESS, Capital Projects Amount to Balance 2013-2014 Budget


Explanation:
Curriculum Cycle, Technology Purchases, School Buses


Explanation:
Unplanned Emergencies, Special Projects, and Unbudgeted Repairs


Explanation:
Committed for PSERS Retirement Contribution, Special Termination & Medical Benefits and Other Post Employment Benefits


Explanation:
Nonspendable Corporate Owned Life Insurance (COLI) for Other Post Employment Benefits (OPEB) accrued liability


Explanation:
Estimated Ending Unassigned Fund Balance


Explanation:
The budgetary Reserve represents the amount budgeted fro emergencies and unforseen expenditures that may occur during the school year.


Explanation:
Contingency for retirement, debt service and unknown expenditures


Explanation:
Fund balance committed to future District obligations


Explanation:
Fund balance assigned to future District obligations


Explanation:
Fund balance restricted for inventories and prepaid items


Explanation:
Provides for the District's cash flow requirements and emergency expenditures throughout the fiscal year


Explanation:
These funds are committed for future increases to expenditures for PSERS contributions, health insurance costs, atholetic field maintenance, Swap costs, and equipment purchases.


Explanation:
These funds are assigned for future increases to expenditures for PSERS contributions.


Explanation:
This number represents a fund balance reserve for Inventory and Prepaid Expenses that does not represent cash and is therefore nonspendable.


Explanation:
These funds are set aside to provide for unexpected, necessary expenditures which are not included in the original budget.


Explanation:
These funds have been set aside to provide additional monies necessary for operations due to unexpected or unforeseen circumstances.


Explanation:
For financial stability & unexpected expenditures as needed


Explanation:
CONTINGENCY FOR PSERS & CAPITAL IMPROVEMENTS


Explanation:
Represents fund balance committed for debt service, health insurance, and retirement liabilities


Explanation:
Represents fund balance assigned for the State's share of a completed PLANCON project


Explanation:
Represents district operating capital and reserve for contingencies


Explanation:
Reserve for PSERS increase and unanticipated expenditures


Explanation:
$1,500-Inventory; $1,381,270-retirement; $1,581,175-maintenance; $16,073-band uniforms


Explanation:
Available funds if needed for costs that are higher than projected such as fuel costs if the weather is colder longer than normal thus increasing fuel usage


Explanation:
Funds committed for Driveway Infrastrature


Explanation:
To be used in the event of an emergency or unforeseen increase in operating expenses, within School Board Policy.


Explanation:
Operating Contingency $320,501, PSERS 2014-15 $93,707 and Unemployment Compensation Reserve of $40,000.


Explanation:
psers, medical payments, textbook replacement, technology infrastructure and replacement, school board tax and contingency, capital improvements


Explanation:
Portions of the fund balance reserved for tentative management plans.  These designations represent management's intended use of resources and should be supported by planned actions though not actual commitments, and approved by the administration and board to control future resources.  Examples include Improvement Fund, Self-Insurance Fund, Tax Stabilization Fund, Municipal Code Capital Reserve Fund, and other Board-approved designation funds.


Explanation:
This portion of the fund balance which is appropriable for expenditures not legally or otherwise segregated for a specific or tentative future use, projected for the close of the school year for which a school district's budget was adopted and held in the general fund accounts of the school district.  Also due to the decrease of state funds to our school district.


Explanation:
Funds to be used for continuing increases in wages, medical and retirement.


Explanation:
Funds to be used for underbudgeted items in the 2013-2014 fiscal year.


Explanation:
to cover changes in budget line items caused by staff changes and contract negotiations. Also, to allow forrising utility costs and unplanned expenditures.


Explanation:
The Board has committed this amount for future rising cost in healthcare ($312,000), the funding of retirement ($500,000), upgrades in technology ($275,000), and future capital projects ($183,500)


Explanation:
This reserve will be used to fund any unexpected expenditures due to unforseen circumstances (emergencies) such as major equipment malfunctions, building repairs due to storms, etc.


Explanation:
Budgetary Reserve includes $50,000 contingency for unexpected expenditures such as additional special education costs, increased utilities, program changes, etc. during the year and $75,000 for any unanticipated grants that are received.


Explanation:
The Committed Fund Balance is reserved to soften the projected huge increases in the employer share of PSERS contributions.


Explanation:
The Assigned Fund Balance is set aside for future Retiree Medical Insurance Payments.


Explanation:
The Unassigned Fund Balance is utilized for cash flow purposes to even out the state subsidy payments while also being held in reserve to meet emergency needs that may arise.  Addtionally, the residual amount for this reserve yields investment income that improves revenues.


Explanation:
The Budgetary Reserve or Contingency Fund is needed for unforeseen small or moderate expenditures that arise duing the fiscal year.


Explanation:
Board motioned to commit some of the ending fund balance


Explanation:
Justification:  to cover emergency situations -- roofs, buildings, water/sewerage repairs.


Explanation:
USD designates funds for medical insurance, debt service, and retirment.


Explanation:
The District will use unassiggned fund balance for normal operations.


Explanation:
To cover unanticipated expenses not included in budget


Explanation:
To be used for future retirement expenditures


Explanation:
This amount is needed for the 2014-2015 year due to the uncertainty of revenues and expenditures


Explanation:
This amount is needed to cover expenditures not anticipated


Explanation:
$500000 for future increases to PSERS rate; $2000000 for two debt balloon payments


Explanation:
Future increases to medical costs; future OPEB obligation; future capital projects; future technology purchases


Explanation:
Amount represents board commitment for OBEB Liability and PSERS Stabilization


Explanation:
Amount represents portion of fund balance related to the Athletic Ticket Fund implemented by the school district


Explanation:
In accordance with sound financial management, the district attempts to maintain an Unassigned fund balance of at least 5% to cover unexpected changes in cashflow or any other financial matters.


Explanation:
In addition to the appropriations, it is sound management practice to provide for Operating contingencies through a BUDGETARY RESERVE.


Explanation:
To be used to balance future budgets or unexpected expenditures


Explanation:
Unfunded Special Education Mandates/ Extraordinary Costs ($75,000), Computer Technology Extraordinary Costs ($100,000), Federal Programs Carryover Funds ($50,000), Retirement Incentives/Long-Term Subs ($100,000), Building/Grounds Extraordinary Projects/ Emergencies ($100,000),  District Vehicle and/or Food Service Equipment Purchases ($50,000) Cyber/Charter School and Tuition Not Budgeted ($50,000), and School District Non-Reimbursable Facility Construction Projects ($975,000)


Explanation:
Commitments for PSERS increases, Compensated Absences and OPEB, Future Salary/Benefit Increase, Capital Reserve Transfer


Explanation:
Athletic scholarship fund, miscellaneous grants carried over


Explanation:
Unassigned fund balance provides revenue stability in a local economy that has seen a major employer reduction in labor force.


Explanation:
Budgetary Reserve is necessary for unbudgeted expenditures including those for services for a transitory special education population.


Explanation:
Amounts have been set aside as follows:  $1,200,000 future construction and/or debt reduction; $595,058 future retirement increases; $24,868 technology repairs/other.


Explanation:
This amount is necessary to provide cash flow for daily operations and is available to help absorb unexpected expenditures.


Explanation:
This amount will be used only if necessary to offset unanticipated expenditures.


Explanation:
Compensated Absences - $484,961, Debt Stabilization - $690,807, PSERS Rate Stabilization $3,493,000


Explanation:
Used to help smooth cash flow needs throughout the year, particularly in the months when the state subsidies are delayed or when federal programs and grants require the District to pay up front cost which are later reimbursed.


Explanation:
Serial Bonds Payable Commitment/Actuarial Valuation of Other Employment Benefits/Usage of Fund Balance


Explanation:
10% of Budgeted 2013-2014 Appropriations


Explanation:
The committed fund balance is for prepaid insurance payments and inventory


Explanation:
The assigned fund balance is for Other Post Employment Benefits


Explanation:
The unassigned fund balance is the savings account of the school district


Explanation:
The budgetary reserve is for those items not budget and contingent


Explanation:
School Board Resolution and approval to commit funds as follows:  Health Insurance Stabilization $330,000; PSERS Stabilization $1,400,000; Real Estate Tax Appeals $130,000; Athletic Program $15,000


Explanation:
Estimated Ending Unassigned Fund Balance is approximately 7.4% of total expenditure budget.  The district tries to maintain the level between 5-8% to ensure financial stability, to qualify the dsitrict for high bond rating, and to provide approximately one months operating expenditures.  The funds are not legally or otherwise segregated for specific use.


Explanation:
Budgetary Reserve is less than 1% of total expenditure budget.  The funds provide for operating contingencies due to certain variables over which control is impossible including predicting chagnes in cost of goods and services, student enrollment, and special education needs as well as occurances of events which are not known at the time of budget preparation but are required expenditures during the current fiscal year.


Explanation:
Contract retirement incentives and unemployment compensation


Explanation:
Unexpected major expenditures, lower than expected wage and property tax collections, unexpected enrollment increases, delay in state subsidies, increase number of students in PRRI and APS and to generate income


Explanation:
Needed for unexpected expenditures such as increased special education, enrollment, etc.


Explanation:
This is committed for future retirement costs and via board policy minimum fund balance level requirements.


Explanation:
This is assigned for future repairs to athletic facilities.


Explanation:
This is maintained in order to off-set significant unanticipated costs, and also to use for cash flow during times of slow revenue collections.


Explanation:
to be used as needed in the event of unforeseen expenditures during the budget year


Explanation:
Reserve for Retirement Rate Increase ($1,400,000) and Athletic Repair and Maintenance Fund ($32,483)


Explanation:
Amount budgeted for emergency expenditures.


Explanation:
All fund balance of the General Fund is Unassigned and Unrestricted.


Explanation:
Funds reserved for State retirement system contribution


Explanation:
Available for longterm shortfalls in revenue


Explanation:
Available for unanticipated expenditures during 2013-14


Explanation:
Committed to Early Retirement Incentive Payments (ERIP).


Explanation:
Earmarked for capital improvements, reassessment refunds, retirements and insurance rate increases and vo-tech renovations


Explanation:
Contingency funds set aside for unplanned expenditures.


Explanation:
Desigantions for compensated absence, retirement, and medical insurance


Explanation:
Estimated Ending Unreserved Undesignated Fund Balnace


Explanation:
We have committed fund balance for Captial Expenditure replacements, future health care costs, and pension contributions


Explanation:
Board of Directors assigned funds for costs associated without the approval of Plan Con H


Explanation:
Board of Directors has directed that this amount be maintained to provide for the responsible fiscal management of the district


Explanation:
Allowances for PSER increases, Capital Projects and Accumulated Sick Leaves


Explanation:
Less than 1% budgetary reserve for contingency expenditures


Explanation:
Funds are committed for PSERS, Asbestos Removal, Capital Projects, OPEB, Transportation, Technology and safety initiatives


Explanation:
Maintain balance of no less than 5% and no more than 8% for operational purposes


Explanation:
Contingency reserved for possible alterations of elementary and for unpredictable expenses that may occur during the school year


Explanation:
This will be used to balance the next year's budget


Explanation:
For those unforseen expenditures $100,000; For a new phone system $100,000; and $53,125 for end of year allocation for the athletic account.


Explanation:
Assigned for future Retirement Contribution, health care, and capital project expenses


Explanation:
Fund Balance assigned for future Retirement Contribution, health care, and capital project expenditures


Explanation:
Approximately 10% of General Fund Budget


Explanation:
Unanticipated expenditures during the year


Explanation:
Special education, improvements, retirement costs


Explanation:
Board committed fund for future fiscal stabilization and future retirement costs.


Explanation:
Future Debt payments and capital projects


Explanation:
Funds for Cash flow and to cover budget deficits


Explanation:
This is 6% of the budgeted expenditures which is below the allowable 8%.


Explanation:
This account is necessary to cover unanticipated/unbudgeted expenditures.


Explanation:
This amount is committed for future PSERS payments for retirement.


Explanation:
This amount includes estimated budget deficit.


Explanation:
For the 2013-14 school year the District will see an increase in retirement, transportation and special education costs.


Explanation:
To prepare for any unforseen expenditures


Explanation:
To prepare fpr any leave of absences that may occur during the year and the retirement spike.


Explanation:
Estimated ending unreserved undesignated fund balance not scheduled for liquidation this year.


Explanation:
The budgetary reserve will be used for any unforseen or emergency expenditures.


Explanation:
Future Bond Payments, Future Retirement Payments


Explanation:
General Fund Balance for integrity of Central Cambria School District.


Explanation:
Bond Payments, Capital Projects, PSERS Contributions, and OPEB Annual Required Contribution.


Explanation:
To be used for payment of long term debt.


Explanation:
Used for emergency repairs and/or replacement operating equipment.


Explanation:
The estimated Unassigned Fund Balance will be used for increased educational costs of salaries and benefits (espicially health and retirement costs), upgrading technology, post employement benefits and constuction of new Middle-High School.


Explanation:
Reserve for salary, health care and pension increases


Explanation:
Reserve for health care and pension increases


Explanation:
The ending fund balance is estimated and is contingent upon actual expenditures


Explanation:
This account is used to supplement the expenditure accounts in regard to unexpected expenditures.


Explanation:
Established by the board of directors for the following purposes: future debt service, compensated absences, technology, retirement payouts and related unanticipated expenses and PSERS set-aside.


Explanation:
Available for any purpose in the General Fund; appropriable for expenditure for which the board has made no specific plans or policy decisions.


Explanation:
Budget shortfalls and unanticipated expenditures.


Explanation:
To pay for unexpected and unplanned for expenses.


Explanation:
Increase in PSERS $4,878,618 and health insurance increases $1,076,396;  capital budgetary expenditures for physical plan improvements $3,370,508


Explanation:
To provide for any unforeseen expenditures during the year


Explanation:
$983,080 is committed for PSERS; $1,374,400 is committed for Capital Projects


Explanation:
Fund Balance to be used for budgetary shortfalls or spikes in future expenses


Explanation:
Reserve is set aside for unexpected, unplanned expenses


Explanation:
The ending Unassigned Fund Balance will be used to offset budget shortfalls during the 2014-15 School Year.


Explanation:
$150,000 will be used during the 2013-14 school year for unexpected expenses not specifically budgeted.  Any monies remaining in the budgetary reserve will be used to offset expenses in the 2014-15 School Year.


Explanation:
To help pay for the increase in PSERS' rate increases.


Explanation:
To help with cash flow from year-to-year and avoid tax increases.


Explanation:
To be used for unbudged, unexpected expenses.


Explanation:
The fund balance will be used next year to balance the budget or set aside for future retirement costs.


Explanation:
approximately 2% reserve in case of unforeseen expenditures.


Explanation:
GASB 45 Other Post Employment Benefits and  Retiree Incentive Commitment


Explanation:
Assigned for Future Retirement Increases, Negotiated Contract Projected Costs, Projected Health Care Increased Costs


Explanation:
The ending unassigned fund balance will be used to fund the 2014-2015 Budget.


Explanation:
The Budgetary Reserve will be used to offset unbudgeted, unexpected, and emergency expenditures for the 2013-2014 fiscal year budget as approved by the North Star School District Board of Directors.


Explanation:
These funds will be used for one-time expenditures to improve and upgrade the district facilities


Explanation:
These funds will be used for known future contractual obligations of the district


Explanation:
These funds will be used for unforeseen obligations that the district may encounter


Explanation:
These funds will be used to make budgetary transfers throughout the fiscal year and for any unforseen emergency expenditures that may arise throughout the year.


Explanation:
The ending Unreserved Fund Balance will be used to off-set future expenditures.


Explanation:
750,000 - Debt Service, 250,000 - Post-Employment Benefits


Explanation:
Remaining unassigned fund balance for use for emergency purposes


Explanation:
Established budgetary reserve in case of unforseen expenditures


Explanation:
Estimated amount committed to pay for future District contributions to PSERS, expected to escalate significantly for many years. Also, committed funds for cyber/charter school expenses, textbook purchases, and future health insurance expenses.


Explanation:
Assigned balance for payment of retiree health insurance.


Explanation:
Funds to pay for an uncalled bond from a defeased General Obligation Isuue.


Explanation:
Without an Unassigned Fund Balance, the Distrct would not have sufficient cash flow to cover July and August payroll and other payables.


Explanation:
Line item is provided for unexpected general fund expenditures


Explanation:
This amount is being held for unforeseen expenses that may be incurred by the school district.


Explanation:
The District will assign an amount to cover currently estimated $4,344,871in health care expense for 2 years and $1,502,881 in retirement expense for 1 year.


Explanation:
future PSERS, Health Insurance increases & debt service payments


Explanation:
For future debt repayment, health insurance increases and PSERS retirement increases.


Explanation:
This money is for any unforeseen expenses.


Explanation:
Future Benefit costs; Capital Projects; Special Ed and Charter School Costs; Middle school Renovations


Explanation:
There is a 840,000 transfer to Capital Reserve that will not be made unless additional unbudgeted revenues are received.


Explanation:
These funds are for unexpected expenses that occur during the school year.


Explanation:
The District retains a buffer against possible decreases in projected revenues due to instability in the financial market (lower interest rates), unforeseen increases in uncontrollable costs (particularlt fuel, transportation and special education) and decreases and/or delays in subsidy allocation and/or disbursements.


Explanation:
The budgetary reserve is intended to help the District avoid liquidation of assets to cover unanticipated expenses during the year that might not otherwise be absorbed in the budget.


Explanation:
Funds committed for future retirement obligations.


Explanation:
The district does not intend to raise texes.


Explanation:
Funds allocated for unanticipated needs.


Explanation:
Designated for retirement increases, technology expenditures.


Explanation:
Retirement Stabilization, Health Insurance Stabilization, and Technology Equpment Replacement


Explanation:
Long Range budget planning for uncertainty in Local, State, & Federal Revenues. Future budget projections require use of these funds annually. Some of this money will be used for capital projects, currently updating our five year capital plan.


Explanation:
Uncertainty of state budget, federal sequestration, and to cover for any unbudgeted expendiure necessary fo the School District.


Explanation:
The Estimated Committed Fund Balance consists of funds that have been committed for future use.  The Committed Fund Balance total consists of the following:  Retirement Rate Stabilization Fund - $3,620,000; National Forest Lands Allocation Reserve Fund - $627,000; Act 1 Reserve - $65,000.


Explanation:
The Estimated Ending Unassigned Fund Balance (850) is the Estimated Ending Amount Available for Appropriations, Net of Budgetary Reserve.


Explanation:
The Budgetary Reserve in the amount of $300,000 has been included in the Budget for contingincies which may arise during the year which may not have been included in the Final Budget.


Explanation:
To offset future retirement rate increases and debt service costs.


Explanation:
A means of offsetting unanticipated expenditures.


Explanation:
The Port Allegany School District has set aside funds to pay for increasing medical and retirement costs.  We plan on using $371,752 to offset the increases.


Explanation:
Port Allegany School District is a small rural school district with a high aid ratio.  The anticipated unassigned fund balance is made available for appropriation and is held for emergency use only.


Explanation:
Committed Fund Balance has been set aside by the School Board to lessen the impact in future years of the dramatic increases in the PSERS rate.  Some of the funds will have been used in 2013-14.


Explanation:
Nonspendable fund balance is estimated inventory.


Explanation:
This is used to provide cash flow during low revenue periods.  This helps the District in avoiding the need to borrow to cover expenses before state and federal subsidies are received.  It also is used occasionally to avoid tax increases for local taxpayers or to lessen the impact to local taxpayers.


Explanation:
Budgetary Reserve is used to cover unanticipated expenses not known at the time of budget adoption.  This includes additional special education expenses, high utility costs, or high gas or diesel costs which affect transportation costs.  This also covers salary costs not yet determined by budget adoption time.


Explanation:
Reserve set for increasing PSERs contribution, increasing health insurance costs and unemployment expense


Explanation:
Unassigned fund balance for increasing expenses


Explanation:
reserves to increase PSERS and maintenance


Explanation:
Use of fund balance to help balance budget


Explanation:
Reserves for post employment benefits/increases in retirement districts have to pay


Explanation:
Estimated Ending Committed Fund Balance consists of reserves for Employer Share of projected Employee Retirement Contributions and Employer Share of projected Employee Health Benefit Contributions.


Explanation:
Estimeated Ending Nonspendable Fund Balance consists of prepaid insurances, inventory and other like items.


Explanation:
The Estimated Ending Unassigned Fund Balance includes $731,850 the Note:  The District budgeted for Function Code 7340 Supplemental Reimbursement - Basic Education (funds received from the State Gambling Revenues to off-set local real estate taxes).  The revenue data entry field was shaded and not availalble.


Explanation:
Monies committed for future PSERS rate increases as well as fluctuations in the variable rate bonds and committed capital expenditure funds.


Explanation:
Funds that represent that protion of the fund balance which is appropriate for exepnditure or not legally or otherwise segregated for a specific or tenative future use.


Explanation:
Funds used for operational contingencies that may arise during the school year.


Explanation:
Estimated Unassigned Fund Balance less 2013-14 GF Budget shortfall of $210,575.


Explanation:
This is for the projected PSERS increase for 2015-16, 2016-17 & 2017-18.


Explanation:
This is excess funds to be used at government's discretion.


Explanation:
Monies reserved for unexpected, unanticipated expenditures.


Explanation:
Special Education Cost, Health Care, Retirement, Transportation Fuel, Cyber School


Explanation:
For Rising Health Care Costs and the Rising Retirement Costs


Explanation:
To cover additional staff costs and the rising cost of benefits


Explanation:
Assigned for PSERS, Utilities, Health Insurance and Energy


Explanation:
amount appropriated for current year expoenditure


Explanation:
Amount assigned to future PSERS obligations


Explanation:
Capital Projects
PSERS
Health Improvement and Awareness Programs
Health Insurance Reserves
Technology Enhancement Initiatives


Explanation:
Funds committed for future construction projects and increased PSERS contributions


Explanation:
Funds assigned for future Energy Efficiency Enhancement projects and current encumbrances


Explanation:
Unassigned funds available for general use


Explanation:
Budgetary Reserve for unexpected rate increases, expenditures, etc.


Explanation:
Unreserved, undesignated fund balance 6/30/14


Explanation:
This amount is assigned to balance the budget.


Explanation:
The West York Area School Distrct believes prudent fiscal management includes maintaining a reasonable Unassigned Fund Balance.


Explanation:
A Budgetary Reserve is incorporated into the 2013/2014 Budget to meet unanticipated operating costs or emergency needs.


Explanation:
The actual operating deficit for 2011-12, the projected budget deficit for 2012-13 and the unbalanced budget for 2013-14 result in the negative unassigned fund balance.


Explanation:
This is a contingency amount in the budget.


Explanation:
Commitment for PSERS, Severance Pay & Health Insurance


Explanation:
Money used to pay for expenses prior to receiving tax revenue


Explanation:
$300,000 for PSERS future costs; $600,000 for future health insurance costs


Explanation:
Money given to the district in trust for particular projects (marquee sign, athletic purchases, renovations of tennis courts)


Explanation:
Necessary balance to insure smooth cash flow and unanticipated expenditures


Explanation:
Assigned for increase in PSERS employer contribution rates


Explanation:
Nonspendable fund balance directly related to prepaid expenditures


Explanation:
Amount of unassigned fund balance within the allowable limits per PDE


Explanation:
The District budgets this amount for potential "unknown" expenditures that could occur during the fiscal year


Explanation:
Approved under Fund balance Policy No. 620 for high school student laptop maintenance fees


Explanation:
Allowable amount of budgetary expenditures below 8%, per the district's board approved Fund Balance Policy No. 620


Explanation:
Committed fund balance approved by the school board for future PSER's contributions in the amount of $412,345; insurance a deductable $50,000; and technology purchases $348,733.


Explanation:
Estimated balance required to meet the one month's operating expenditures.


Explanation:
Estimated amount for unforeseen expenditures or emergencies that may occur during the fiscal year.


Explanation:
Reserved for benefits, and special education


Explanation:
Assigned for budgerted expenditures over revenue


Explanation:
Reserve for unanticipated expenses during the school year


Explanation:
Forecasted Ending Unassigned Fund Balance based on 12-13 Budget & YTD 12-13 Experience


Explanation:
Reflects the amount of expenditures anticipated to be made from uncertain state & federal grants, as well as potential losses from assessment appeals.


Explanation:
UNASSIGNED FUND BALANCE TO OFFSET FUTURE INCREASES


Explanation:
The district is maintaining fund balance to guard against unexpected expenditures and facilitate cash flow.


Explanation:
The district is maintaining a budgetary reserve to guard against unexpected expenditures


Explanation:
Money committed to the agriculture program from a District resident


Explanation:
Funds set aside by Board Resolution to fund future increases in employee retirement and healthcare costs.


Explanation:
Funds accumulated through prior budget years for use as the Board deems acceptable


Explanation:
Funds set aside for unanticipated expenditures


Explanation:
committed funds for healthcare, PSERS,Debt and various other expenditures


Explanation:
Committed for future Capital Items $5,341,000 & future PSERS cost $4,426,054


Explanation:
Nonspendable Inventory $66,494 & Restricted LBT $3,039,906


Explanation:
Unassigned Fund Balance within District policy limits.


Explanation:
Used for unplanned/unbudgeted/unforseen expenses that may arise during the fiscal year.


Explanation:
$1,100,000 prepaid insurance and $406,000 assigned for future benefits expenses.


Explanation:
Carry-over from 2012-2013.  2013-2014 is projecting a balanced budget.  Property Tax Reduction revenue is $200 than considered in the Preliminary Budget.  This additional revenue will be incorporated with the Final Budget.


Explanation:
Reserve for unanticipated expenditures i.e. heating system repair.


Explanation:
This amount is set aside to cover areas fo the budget that are overspent


Explanation:
Intended for use in subsequent fiscal years


Explanation:
Committed for future retirement expenses, future health care expenses, and future teacher sick leave payouts upon retirement.


Explanation:
Unassigned fund balance will be used to balance budget.


Explanation:
Reserve for unbudgeted expenditures, one time maintenance expeditures and subsequent budget years


Explanation:
Funds are board assigned for St. Thomas Elementary Project ($500,000), Pension obligations ($1,200,000) and electricity rate spike ($250,000)


Explanation:
Contingency funds for unanticipated expenditures


Explanation:
Fund Balance committed by school board for future PSERS, technology and uniform costs.


Explanation:
Protection against major real estate taxable electing to pay as delinquent versus current year; cash flow protection to protect against state and local revenue falling short of budget projections or being delayed for a substantial period of time; to avoid the need to borrow and incur unnecessary interest expense at any time during the fiscal year; self insurance program liability exposure could exceed budgeted amount.  Commercial and industrial assessment appeals and tax payments paid under protest could require a portion of the unassigned fund balance.


Explanation:
Committed for future self-insured health reserve = $1,000,000
Committed for future High School projects = $62,939
Committed for future PSERS expenses = $2,677,339


Description:
Estimated Beginning Fund Balance - Non-Spendable


Explanation:
Unassigned, which is 8% of the 2013/14 Budget


Explanation:
Available for emergencies within the 2013/14 budget; any unused portion will revert back to the general fund.


Explanation:
Estimate assumes $xxxxxxx use of fund balance to balance budget.


Explanation:
For future reserves in case of unanicipated expenditures exceeding revenue


Explanation:
Designated for retirement of debt ($2,000,000) and future retirement rate increases ($3,311,466)


Explanation:
Prudent fiscal management requires that a percentage of funds be set aside for unanticipated or emergency expenses.


Explanation:
We try to budget a one percent reserve for contingencies.  It always becomes necessary to use these funds before the year is over.  It is not fiscally responsible to operate without a reserve.


Explanation:
NONSPENDABLE FOR: $2,085,199 -LBT MEDICAL CLAIMS;  $ 10,645 POLLUTION INSURANCE


Description:
ESTIMATED BEGINNING FUND BALANCE - NONSPENDABLE


Explanation:
PROJECTED UNASSIGNED FUND BALANCE AS OF 6-30-14


Explanation:
FOR UNANTICIPATED EMERGENCY EXPENDITURES AND TECHNOLOGY AND CURRICULUM AND INSTRUCTION UPGRADES


Explanation:
Unassigned ending fund balance is 5.74% of the expenditure budget.  The board's policy is to keep approximately 5% of the budget in fund balance.


Explanation:
The budgetary reserve account is set aside for unforseen items.


Explanation:
For the purpose of financial planning for Technology upgrades in accordance with the School district Technology Plan, for facilities and capital upgrades, and for the purpose of financial planning for the future increases in PSERS employer retirement costs, and for cost increases due Affordable Care Act.


Explanation:
To fund future expenditures, budget shortfalls or potentiall for capital


Explanation:
To fund unanticipated expenditures which are unknown during the budget process.


Explanation:
The West York Area School District, under the direction of its School Baord, has established Committed Reserve Funds specifically to address anticipated or unforeseen expenses realted to health care &/or state mandated retirement. (PSERS)


Explanation:
The West York Area School District has set aside funds noted as Assigned to cover capital repairs to Buildings & Grounds.


Explanation:
Amount available to maintain fiscal stability


Explanation:
Amount held for unanticipated expenses ($350,000) and unanticipated technology expenses ($100,000)


Explanation:
Use of $64K Curriculum; $490K Technology; & $250K Maintenance


Explanation:
use of $425k fund balance for budgetary reserve and $125,148 budget deficit


Explanation:
This is the total amount committed at the end of the 2013-14 fiscal year to help offset future employer obligations for PSERS due to rate increases.


Explanation:
The unassigned fund balance is necessary to maintain stability over a period of years to protect the District from unknown items or temporary shortfalls in cash flows.  This amount represents 7.23% of the total budgeted expenditures and other financing uses.


Explanation:
These estimates are the same as beginning balance, we are not expecting to use any of these funds


Explanation:
Remaining unassigned after committed is spent.


Explanation:
Represents fund balance set aside by Board to address GASB 54 liability without permanently funding a trust, and ongoing commitments to ERI costs


Explanation:
To be used to continue to address budget shortfalls as PSERS rate spike and other escalating costs, such as medical insurance claims, continue


Explanation:
This is the small remaining balance available to help provide resources for future year deficits and ongoing needs


Explanation:
Apx 1% of the overall budget is included as a budgetary reserve line item, which would only be used if all other budgets have been depleted, to pay unanticipated but non-discretionary costs


Explanation:
Set aside for the spike of the PSERS employer share retirement rate and for debt service.


Explanation:
To provide for financial security for the district during poor economic times and to have the option to pay for unforseen expenses without incurring


Explanation:
To be used for unforseen expenses in excess of the amount budgeted without the need for a budget revision.


Explanation:
Committed for future needs to offset rising PSERS and Healthcare costs.


Explanation:
Unassigned to be utilized to fund unanticipated expenditures.


Explanation:
Amounts committed by the Board for future debt service, or if adequate funds are available for debt service, then for payment of costs related to capital projects of the District as specifically approved by the Board. This amount also includes amounts committed for PSERS, Health Benefits and specific projects/purposes related to the High School signage and other small projects, Bucher Garden, Schaeffer Garden, Social Service Fund and Dental Service Fund.


Explanation:
Estimated amount of encumbrances at year end


Explanation:
Our goal is to maintain a reasonable fund balance that stays below the 8% cap defined by state law.  We strive to maintain a fund balance between 5-7%.


Explanation:
The Board sets aside an amount for unplanned situations that may occur during the school year.


Explanation:
Future Pension Obligations, Future Debt Service Stabilization, Future Textbook Series Purchases


Explanation:
Good business practice - within range recommended by auditors


Explanation:
Committed funds will be used to reduce future PSERS increases and to pay for 2012 retirement incentive


Explanation:
The reduction of fund balance is due to the anticipation of being granted the use of Act 1 exceptions which will be applied for in the areas of Special Education and PSERS.  Some fund balance will be used to balance the budget.


Explanation:
$400,000 is budgeted on both the Revenue and Expense side equaling to zero.  This is done in order to allow for potential budgetary transfers due to unexpected expenses in particular line items.


Explanation:
Future retirement benefit costs-$1,100,000; Future OPEB costs - $325,000 and projected 2013/14 operating deficit - $1,103,501.


Explanation:
$112,550 for August debt service and $380,000 for inventory/prepaid balances.


Explanation:
Unassigned fund balance will be utilized to offset the budgeted 2013/2014 operating deficit.


Explanation:
Reserve established for unexpected increases in budgeted expenditures and revenue shortfalls during the fiscal year.


Explanation:
Unassigned Fund Balance for future pension obligations


Explanation:
Remaining fund balance is within the 8% limit (20,646.274 x 8% = $1,651,702)


Explanation:
Balances assigned for retirement and interest rate stabilization


Explanation:
Stabilization Fund for variable rate debt


Explanation:
For unexpected expenses or increases in expenses.


Explanation:
School District will have 8 remaining annual payments of a 10-year obligation for the repayment of prior year earned income tax as agreed to in an Intermunicipal Agreement.


Explanation:
The School District assigned funding to long term capital improvements focused primarily on Northwest Elementary and the Lebanon Middle School.  The District also needs to cover cost overruns for the High School Renovation Project.  Approximately $1,000,000 is also assigned to smooth the cost increases expected in future years for retirement and healthcare.


Explanation:
Represents about 2.7% of the total expenditures budgeted to provide an adequate cash flow position and meet shortfalls in state and federal estimated revenues.


Explanation:
The District has two buildings with operational systems beyond their expected useful life, and in case of emergency the reserve will cover a portion of the cost for a major system replacement or repair.


Explanation:
To be placed in reserve for retirement increases


Explanation:
To provide for future increases in retirement contributions


Explanation:
To provide for future dental claims and tax appeals due to county wide reassessment.


Explanation:
To provide for the delay or shortfall of projected local and state revenues


Explanation:
To provide contingency for the unpredictable changes in the cost of goods, services and events which cannot be predicted during time of budget preparation.


Explanation:
Committed for future retirement rate increases


Explanation:
Below the state maximum level of unassigned fund balance


Explanation:
For unexpected expenses that are out of the district's control.


Explanation:
Amount committed to meet projected PSERS increases


Explanation:
Fund Balance required to meet one month's operating expenses


Explanation:
Estimated amount for unforeseen expenditures or emergencies


Explanation:
State Retirement System increases $1,387,000, Health Plan Self-Insurance Start-up $200,000


Explanation:
Deferred Maintenance $1,226,000, Technology Plan $200,000, Planned Use of Fund Balance to Balance 13/14 Budget $200,000


Explanation:
For future years revenue fluctuations and expenditure increases.


Explanation:
General reserve for unanticipated expenditures and revenue shortfalls.


Explanation:
These monies are committed for future retirement and special education costs


Explanation:
These monies are unassigned for future unexpected expenses


Explanation:
Cash reserve against unexpected expenditures.


Explanation:
Available for expenditures not budgeted.


Explanation:
Board of School Directors committed funds for the following:  PSERs employer contribution rate increase, financial security agreement for road improvements, and capital improvement projects.


Explanation:
Budget Deficit of Revenue over Expense for the following Fiscal Year 2014-2015; additional Healthcare costs related to Affordable Care Act; and new K-8 math curriculum materials.


Explanation:
Unassigned fund balance as a percentage of Expenditures = 8%


Explanation:
Reserve established for unforseen expenditures which may occur in classroom instruction including special education costs to serve the needs of students with IEP's.


Explanation:
Fund balance is committed for future retirement rate increases.


Explanation:
This fund balance is maintained to guard against unforeseen but necessary expenditures.


Explanation:
Budgetary reserve is to guard against unforeseen but necessary expenditures.


Explanation:
To be used for roof replacements and other maintenance repairs


Explanation:
To be used for unexpected expenditures and budget stabilization


Explanation:
Future Capital Projects 1,223,359; BCTC 169,839; Future PSERS 1,360,310; Special Ed 75,000


Explanation:
Money budgeted to pay future PSERS increases.


Explanation:
Money available for use of one-time purchases where other resources are not available.


Explanation:
Money budgeted to pay for unexpected, unanticipated expenditures.


Explanation:
Textbooks - $300,000; Healthcare and Retirement - $2,490,758


Explanation:
PSERS = $8,000,0000; Retiree Health Care Costs = $1,000,000


Explanation:
Funds will be used to pay future operating expenses.


Explanation:
PSERS rate increases and health insurance increases


Explanation:
This unassigned fund balance is necessary due to payroll, benefit and other expenses that must be paid prior to receipt of revenue for the new year.


Explanation:
Commitments of Fund Balance include Debt Serice, Retirement, Transportation, and Special Needs.


Explanation:
Assigned Fund Balance includes future student activities balances


Explanation:
Nonspendable Fund Balance includes inventories and prepaid expenses.


Explanation:
Funds to be used during the period of time when no revenue is received.


Explanation:
This is anticipated to be used for future capital projects.


Explanation:
This amount is used to cover unanticipated costs for items such as emergency repair, sabbatical requests, long term leaves of absences and unanticipated special education costs.


Explanation:
Assigned for Health Care, Retirement, & Construction


Explanation:
This amount is necessary to afford the Board of Education and the Administration the means to provide the funding for unanticipated costs and the non-realization of anticipated revenue.


Explanation:
This fund balance is committed for the district's self-funded health benefits program and for capital projects expenses.


Explanation:
This fund balance is assigned for future PSERS rate increases.


Explanation:
Contingency fund for unseen expenditures.


Explanation:
This is a contingency fund for current year non-budgeted expenditures.


Explanation:
Increase for 14-15 Benefits (est) of: FICA (net 50%), PSERS (net 50%), and Health Care ($403,047); Increase for 14-15 Salaries (est) of: ($259,736)


Explanation:
Funds reserved for Pension Rate Stabilization.


Explanation:
Reserve for unanticipated expenses and future expenses exceeding the Act 1 index


Explanation:
Unanticipated expenditure increases during 2013-14 fiscal year including, but not limited to increased charter school enrollments, increased class size and settlement of collective bargaining unit agreements.


Explanation:
Reserve for future PSERS, Health Care, Technology, and Special Education Expenses.


Explanation:
Budgetary Reserve is for future unexpected expenses


Explanation:
committed by Board for PSERS, long range infrastructure plan,athletic funds, technology, curriculum


Explanation:
approx 5% of budget.  Preliminary budget does not include any provision for staff contracts which are under negotiations


Explanation:
contingency for enrollment needs and unanticipated expense.


Explanation:
Budgetary Reserve is for Unknown Expenditures (Spec Needs)


Explanation:
Health Care Stabilization $1,607,444, Retirement Rate Stabilization $5,322,488


Explanation:
Reserve for PSERS increased contributions


Explanation:
Reserve for South Central Trust (medical) liabilities


Explanation:
This is the unreserved fund balance as per board policy


Explanation:
Estimated Ending Committed Fund Balance-Medical Insurance & Pension


Explanation:
Unassigned Fund Balance is less than five percent of expenditures.


Explanation:
Retirement, Helathcare, Future Building Construction, & Textbooks


Explanation:
The money in the committed fund balance is for the anticipated increase in the employer's retirement rate.


Explanation:
This amount represents the athletic fund, fund balance.


Explanation:
This amount represents the District's inventories and prepaid expenses.


Explanation:
Provides an alternate to increasing the real estate tax levy.


Explanation:
Unknown factors such as an increase in student enrollment requiring the hiring of personnel, emergency purchases of materials, supplies and unforeseen property damage due to inclement weather.


Explanation:
Salaries and benefits incurred in June, paid in July


Explanation:
1 month reserve for cash flow purposes, in case of slow or non-payment from districts.


Explanation:
Reserved for unanticipated expenditures, i.e. heating system repair.


Explanation:
Assigned balances for future minimum lease payments for Learning Center beyond current Charter, expected incremental PSERS costs, potential legal costs, and addition of new learning center or centers.


Explanation:
Unassigned Fund Balance represents less than 3% of revenue.


Explanation:
$2,500,000 committed for PSERS Retirement Liabilities, $3,686,009 committed for Debt Service Expenditures.


Description:
Estimated Beginning Fund Balance - Nonspendable for Inventories


Explanation:
Amount provided for potential shortfalls in revenue and future expenditures related to maintenance and growth.  The Fund Balance provides financial stability and is within the range of budgeted expenditures as suggested in the PA School District Manual of Accounting.


Explanation:
Retirement Rate Stabilization Fund ($2,384,692), Self-Insured Health Cost ($500,000)


Explanation:
While the district administration believes it has carefully budgeted expenditures to support educational programs for 2013-2014, several specific expenditures are difficult to estimate. Therefore, the district administration budgets for amounts it expects to incur, and relies on the fund balance for any unforeseen and unexpected expenditures.


Explanation:
Non spendable inventories $15,145; Health Insurance Committed $945,827; Library Fund $23,284; HACC Stabilization Fund $48,703


Explanation:
$149,088 of fund balance used to balance budget.


Explanation:
For any unanticipated expenditures and future expenditures


Explanation:
Funds in reserve for unforseen expenditures


Explanation:
Buildings and Grounds, Benefits - PSERS and Health Insurance


Explanation:
Unassigned fund balance to meet operational needs.


Explanation:
Reserve for transfers related to federal programs.


Explanation:
Committed for retirement rate stabilization and health insurance stabilization


Explanation:
Prepaids and Restriction for debt service - net proceeds from the sale of a property.


Explanation:
Surplus from prior year operations.  District policy indicates that fund balance should be used for non-recurring costs only.


Explanation:
Allows for fluctuation between estimated costs at the time of budget development and actual costs during the year.  Most often needed for special education.


Explanation:
Committed by board action for future PSERS expenses


Explanation:
To be used to balance the 2014-2015 budget and/or for unforeseen circumstances.


Explanation:
$2,000,000 assigned for increases in Healthcare costs and $7,547,093 assigned for PSERS rate increases


Explanation:
$3,100,00 of fund balance will be unassigned.


Explanation:
Amount we expect to be remaining of our fund balance 6-30-13


Explanation:
Committed funds for pension, compensated absences,OPEB, healthcare reform and facility renovations


Explanation:
Balance for contingences within state guidelines


Explanation:
The purpose of this fund balance is to maintain enough liquid assets to pay current obligations and maintain sufficient cash flow during the operating cycle


Explanation:
Acc'd Comp Leave $371,649, Post Ret Health Actuarial $1,055,811, PSERS rate change $1,138,191, Vocational Exceptional Assessment $36,136.


Explanation:
Necessary fo operational cash flow and mitigation of projected increases in  retirement liabilities.


Explanation:
Funds required to operate and pay necessary bills.


Explanation:
This commitment is for the purpose of mitgating and finacially planning for imminent increases in the PSERS empoyer rate and future medical insurance increases.


Explanation:
The budgetary reserve is needed to accommodate unforeseen expenses and unanticipated emergencies.


Explanation:
THIS COMMITMENT IS BEING MADE FOR THE PURPOSE OF MITIGATING AND FINANCILLY PLANNING FOR ANTICIPATED INCREASE IN THE DISTRICTS PSERS AND MEDICAL RATE INCREASES.


Explanation:
THIS AMOUNT IS MINIMUM RESERVE TO MAINTAIN THE STABLE FINANCIAL CONDITION OF THE SCHOOL DISTRICT AND ENSURES CONTINUITY OF EDUCATIONAL PROGRAMS.


Explanation:
PSERS, Health Insurance, Capital Projects


Explanation:
assigned estimate to offset future expenditures for PSERS and healthcare act penalties /fees


Explanation:
estimated ending unassigned fund balance


Explanation:
Future Health Care and/or Retirement Obligations $822,282; Future Debt Service for Proposed Middle School Construction $164,142; Balance 2013-14 General Operating Budget $56,730


Explanation:
Future Salary, Health Care, and/or Retirement Obligations $2,662,059; Technology Infrastructure Upgrades $300,000


Explanation:
Estimated July 1, 2014 Inventory Balance


Explanation:
Estimated July 1, 2014 Unreserved Fund Balance


Explanation:
Contingency for continued increase in PSERS retirement rate


Explanation:
Contingency for poor local tax collection and other unforseen expenditures


Explanation:
Includes budget contingency, technology, and building repairs


Explanation:
Committed for PSERS retirement expenses and textbooks


Explanation:
Reserve for unanticipated expense and to balance future budgets


Explanation:
Future PSERS expenses     $1,494,691, Future retiree healthcare expenses  $2,318,334, Replace intermediate school roof $50,000


Explanation:
Reserve to be used to offset future tax increases and to be used as a balance to cover one time future expenses


Explanation:
reserve to cover unanticipated expenses for the operating fiscal year


Explanation:
Future pension and medical insurance cost.


Explanation:
Unanticipated special educational and transportation expenses, tax assessemnt appeals, and legal issues.


Explanation:
Unanticipated health insurance, special education, transportation, tax appeals, and charter schools expenditure increases.


Explanation:
Projected Ending Unassigned Fund Balance


Explanation:
Operating contingencies such as IEP Aides,IEP Nurses,and unplanned capital repairs.


Explanation:
Amount assigned to future PSERS and healthcare


Explanation:
To be used as contingency for future years


Explanation:
To be used as contingency for current budget year


Description:
Estimated Beginning Fund Balance - Restricted


Explanation:
Reserve amounts for contingency spending.


Explanation:
Unplanned expenditures and in the event the fails to pass a tiimely budget


Explanation:
Debt Service and Capital Reserve Transfer


Explanation:
Committed for Capital Projects/5-10 Year Life Cycle Equipment Purchases - $1,259,629; Committed for GASB 45/OPEB - $2,600,000; and Committed for Technology Refresh Reserve - $230,000


Description:
Restricted Beginning Fund Balance - Pre-Paid Expense


Explanation:
It is good business practice to have a fund balance of 7% to 10% of your general operation’s budget.  The fund balance earns approximately $100,000 per year in interest.  The fund balance is a hedge against uncertainties such as:  governmental mandates; unanticipated capital expenses; unforeseen increases in energy costs; tax collection variations due to turns in the business cycle; implementation of new tax revenues such as Act 24 and related cash flow changes; and court decisions that result in unexpected local costs.


Explanation:
Budgetary reserve includes transfers from Unassigned to Committed Fund Balance as follows:  Committed for Capital Projects - $279,509; Committed for GASB 45/OPEB - $108,209; and, Committed for Technology Projects - $150,000.  Further, budgetary reserve serves as a buffer from unanticipated expenses not foreseen during budget development as well as for unanticipated revenue declines in earned income collection and budgeted state funding.


Explanation:
Future PSERS and health insurance increases


Explanation:
These funds have been set aside for Future retirement rate increases $3,000,000 and Other Post Retirement Benefits (OPEB) $400,000


Explanation:
The Board assinged fund balance to cover the cost of a computer lease over the next three years.


Explanation:
Unassigned fund balance is used to meet monthly costs, unexpected financial commitments including special education, and any other unforeseeable expenditures.


Explanation:
Assigned balance utilized for OPEB liabilities and future PSERS rate increases


Explanation:
balance utilized in emergency situations


Explanation:
The budget reserve is for unforseen expenditures that may occur during the school year.


Explanation:
The District established a committed fund balance to mitigate increases in the Public School Employees' Retirement System (PSERS) employer contribution rate.  Current projections prepared by PSERS indicate there will be significant increases in the employer contribution rate through 2019-2020.


Explanation:
The Ending Assigned Fund Balance represents monies received from Coca-Cola Enterprises to be used for the future purchase of a new scoreboard for Memorial Stadium.


Explanation:
The budgetary reserve represents funds set aside for unpredictable changes in the costs of goods and services, as well as the occurnace of events that are vaguely predictable during budget preparations, which nevertheless may require expenditures by the District during the year.


Explanation:
This amounthas been set aside to help offset the large increases that are expected in the coming years in the PSERS rate.


Explanation:
It is prudent to carry a fund balance of between 5% and 9% for a school district our size.


Explanation:
It is prudent to carry some amount of a budgetary reserve. This amount is less than 1% of the budget.


Explanation:
Represents PSERS and Capital Project allocations.


Explanation:
Represents Inventory Reserves, Encumbrance Reserves, and Compensatory Education Funds.


Explanation:
It is prudent financial management to maintain a reasonable fund balance.


Explanation:
This amount represents reserves for unforseen expenditures throughout the fiscal year.


Explanation:
Expenditures unknown at the time of budget adoption.


Explanation:
Retirement; OPEB, Technology, Special Education, Building Projects, insurance, Board Initiatives


Explanation:
Reserve for future projected employee retirement and health insurance premium expenses


Explanation:
Reserve for future unfunded and mandated education related expenses and capital improvement projects.


Explanation:
Projected increase for 14-15 salaries (est): $110,300; Projected increase in FICA and PSERs for 14-15 district share (est); $165,300; Projected 10% increase for 14-15 Health Care Costs (est); $254,600


Explanation:
The amount is necessary to afford the Board of Education and the Administration the means to provide the funding for unanticipated costs and non-realization of anticipated revenue.


Explanation:
Contingency amount developed for any unbudgeted expenditures during the 2013/2014 fiscal year.


Explanation:
Funds on hand to afford the District stability in uncertain economic times.


Explanation:
Estimated for 14-15 PSERS Contribution, Health Insurance Increase and Other.


Explanation:
The School District believes that the estimated fund balance is justified for good fiscal management.  Maintaining a fund balance at this level is in compliance with recommended levels.


Explanation:
Reserve for settlement of Teacher contract.


Explanation:
Retirement Costs - $1,200,000 and Capital Projects - $1,300,000


Explanation:
Reserve for equipment breakdowns, unplanned major expenses, etc.


Explanation:
Audit report as of 6/30/12 assigns $240,000 for capital projects; $3,900,000 for Pension Obligations


Explanation:
Unassigned fund balance as of 6/30/12 was $1,050,431


Explanation:
fund balance to be used for future budget


Explanation:
USED FOR ANY UNFORSEEN CIRCUMSTANCES THAT MAY ARISE OR FOR MATCHING GRANTS THAT COME AVAILABLE


Explanation:
Funds are committed for future PSERS increases, technology expansion and compensated absences.


Explanation:
Designated towards the anticipated increase in retirement expense


Explanation:
Committed fund balance for future PSERS obligations


Explanation:
Assigned for future capital improvements and health care increases


Explanation:
Unassigned to be used as the School Board deems necessary


Explanation:
Specific purposes of Health Insurance, PSERS and GASB 45.  The Board approved a resolution to commit funds to handle future increases with our self funded health insurance and increases projected by PSERS Retirement Board.


Explanation:
To offset future tax increases due to continued cost associated with transportation, special education, decreases of state funding and contractual obligations.


Explanation:
Unexpected increases and lost revenue due to economic conditions.


Explanation:
Committed for future state mandated PSERS obligations


Explanation:
Fund Balance is used for unforeseen tuition for cuber charter schools.  Fund Balance can be used for additional capitalization of our self funded health insurance program.  Fund Balance is also used to cover emergency expenditures.  Fund Balance can be used to replace reductions in state basic education and special education subsidies.  Earnings on the investment of Fund Balance creates revenues that offset future tax increases.


Explanation:
Reserve for PSERS rate increases, Health insurance costs and Tax Rate Stabilization.


Explanation:
Reserve for Open Purchase Orders, anticipated Budget shortfalls, and Athletics


Explanation:
Reserve for unanticipated expenses and capital needs


Explanation:
Estimated Ending NonSpendable and Restricted Fund Balances consist of inventory items on hand at year-end and prepaid expenses.


Explanation:
Appropriation for Budgetary Reserve represents the equivalent of three mills to be utilized in the case of emergencies that may arise during the course of the fiscal year (i.e. HVAC breakdowns, boiler malfunctions) and for the unforseen contingencies that may occur.


Explanation:
5.6% of budgeted expenditures; within limits set by legislation, and within range required by board policy


Explanation:
1% of prior year's budgeted expenditures; amount available to cover contingencies, to avoid padding throughout the budget


Explanation:
Funds were assigned for future retirement increases.


Explanation:
Reserve for unanticipated expenditures including health insurance and major break downs.


Explanation:
The School Board supports the commitment of funds for future capital improvements to be transferred to the capital reserve fund if available.


Explanation:
Fund Balance may be assigned for stabailization of future PSERS funding rate increases and funding of budgetary reserve as needed.


Explanation:
This portion of fund balance is nonspendable as inventory reserves and restricted grant funds.


Explanation:
Fund Balance is maintained for sound fiscal management and cashflow purposes.


Explanation:
Budgetary Reserve is held for unanticipated expenditures and grant awards that arise during the fiscal year.


Explanation:
Compensated Abs, PSERS rate increase, Tax Stabilization, OPEB, Planetarium Project


Explanation:
Warehouse inventories and prepaid expenditures


Explanation:
The unassigned fund balance is for operating contingencies, including expenditure increases (Charter Schools and Special Education).


Explanation:
The standard reserve is for operating contingencies, including expenditure increases (Charter Schools and Special Education).


Explanation:
Committed Fund Balance will be used for future PSERS spikes, New Middle School Financing, OPEB Obligations, Capital Improvements, Textbooks & Technology Needs


Explanation:
Nonspendable Fund Balance is for Inventory and PrePaid Expenses


Explanation:
Fund Balance is maintained for emergencies and cash flow purposes


Explanation:
Budgetary Reserve is maintained for unexpected expenditures.


Explanation:
Amount available for unforeseen expenses within the budget year


Explanation:
2,000,000 reserved for Self Insured Health Plan Expected costs, 1,376,225 set aside for increase in PSERS rates, 5,465,673 GASB 45 post retirement benefits, 1,180,534 Post Retirement benefits other then health care


Explanation:
Unforseen Expenditures or Emergency needs.


Explanation:
Committed for planned expenditures in the future for projected PSERS retirement expense increases, GASB 45 for post employment benefits and provisions for compensated absences.


Explanation:
Budgetary Reserve of only.50% of the total budget is needed to cover any unanticipated revenue shortfall or unanticipated expenditures due to events such as reduction in state or federal funding, increasing fuel and energy costs over the budget, enrollment changes, additioal special education needs, student placements, charter schools, transportation, etc.


Explanation:
Fund Balance committed to fund future PSERS increases ($925,000).  Fund Balance committed to fund future medical insurance increases ($1,000,000).


Explanation:
Fund Balance will be used for unforeseen emergencies and expenditures and to lessen property tax increases.


Explanation:
To stabilize the impact of PSERS and to fund Future OPEB liability obligations


Explanation:
The District believes it is sound fiscal practice to maintain an unassigned fund balance.  This fund balance provides the District with a safety net for cash flow issues and for major unforeseen expenditures.  Fund balance also provides a way to level tax impacts for one-time expenditures and is required to participate in the bond market at competitive rates.


Explanation:
These funds are set aside for use in payment of future retirement cost, unexpected special education and other educational expenses


Explanation:
Designation for anticipated expenditures including: Self-Insurance $300,000. PSERS Rate Stabilization $2,400,000. Retiree Severance Package $100,000.


Explanation:
Designated for Carbon County Portnoff Contigency $50,000, and 2015-2016 future roofing replacement $250,000.


Explanation:
Projected unassigned fund balance-within the 12% allowable requirement ($11,430,892 X 12% = $1,371,707.04)


Explanation:
Budgetary Reserve fo unanticipated expenses.


Explanation:
$1,732,194 for delinquent tax collection; $2,300,000 assigneded for fluctuations in variable debt; $2,100,000 for healthcare rate increases


Explanation:
Unanticipated fluctuations in expenditures/revenues can occur after the Board approves the general fund budget. Such fluctuations can result in expenditures that are greater than current year revenues. At such time, the district must rely on its accumulated fund balance to make up the difference.


Explanation:
The budgetary reserve has been established to protect the district against unforseen reductions in revenue (primarily local tax collections) and increases in expenditures (primarily charter school tuition, transportation, ans seasonal aberrations in fuel and utility consumption).


Explanation:
A fund balance allows districts to have zero or small tax increases instead of having large volatile tax increases.


Explanation:
Prudent fiscal management dictates having a reserve for emergencies.  Our policy dictates that include 5% here.


Explanation:
Future increases for PSERS and Medical Insurance Premiums


Explanation:
Long-Rang Maintenance, Technology Upgrades/Replacements, Long-Range Equipment Replacement


Explanation:
Allocatio for budget items under consideration at present time.  Building safety upgrades.


Explanation:
The District believes it is sound financial practice to recognize the projected GASB 45 liability for other post-employment benefits (OPEB).  The District has experienced significant annual increases in medical insurance, other post employment benefits, and anticipated PSERS rate increases.  These increases will exceed the District's capacity to fund these amounts through responsible millage increases.  Therefore, the District will utilize these funds to offset millage impact in the years the increases occur.


Explanation:
The District believes it is sound fiscal practice to maintain an assignment of funds for the current school year for one time purchases for technology and curriculum needs that arise and cannot be funded through responsible millage increases.


Explanation:
Prepaid and Restricted Funds, primarily from Educational Foundation.


Explanation:
The District believes it is sound fiscal practice to maintain an unassigned fund balance.  This fund balance provides the District with a safety net for cash flow issues and for major unforeseen expenditures.  Fund balance also provides a way to level tax for one time expenditures and is required to participate in the bond market at competitive rates.


Explanation:
The Distirct believes it is sound fiscal practice to provide for operating contingencies through budgetary reserve.  Rather than providing for these contingencies by "padding" amounts in the other functions, the District prefers to earmark a reserve for less predicatable requirements.


Explanation:
Post Employment benefits other than pensions, swap termination risk, future medical rate increases, future PSERS rate increases.


Explanation:
A budgetary reserve allows for (1) unanticipated and extraordinary expenses such as legal resulting from litigation, tax refunds, weather related utility costs and (2) grant programs for which the district has (or may) apply but have not been awarded. In addition, funds have been included for portions of grants for which expenditure classifications have not been determined. Once received, transfers will be made to the applicable expenditure categories. These include Title grants only partially budgeted in other expenditure categories.


Explanation:
Fund balance maintained for bond rating purposes.


Explanation:
Assigned for PSERS Retirement Rate Stabilization


Explanation:
Unassigned as pursuant of Act 43 of 2006


Explanation:
Unforeseen or unanticipated expenditures during the 2013-2014 school year.


Explanation:
Some committed fund balance suggested for use to balance budget: to offset part of increae in PSERS and to offset increase in debt service for building renovation


Explanation:
Less than 5% unassigned remaining in unassigned fund balance.


Explanation:
Fund Balance = 3% of budget necessary due to unexpected Sp. Ed and charter school expenses and als new unfunded mandates.


Explanation:
Necessary in case additional Sp Ed or charter school tuitions


Explanation:
Complies with State law and the District's locally adopted fund balance policy


Explanation:
This represents approzimately 4.87% of the 13-14 budget well below the 8% limitation. This would cover 2 normal payrolls.


Explanation:
This is a prudent contingency for unanticipated expenditures and unrealized revenues. It equals 2/10 of 1% of the Expenditure budget.


Explanation:
Amount of Fund Balance used to balance budget


Explanation:
This amount included both committed and unassigned Fund Balances


Explanation:
Rerserve used to fund any unexpected costs


Explanation:
Fund Balance not assigned to other Funds for a specific purpose within the General Fund


Explanation:
Current committed fund balance with Board of School Directors agreement to increase each year to offset PSER's anticipated rate spike.


Explanation:
Estimated year end encumbered purchase orders and term swap savings.


Explanation:
Estimated unreserved fund balance June 30, 2014 should all budgeted expenditures be expended.


Explanation:
Unanticipated expenditures such as emergency repairs, and additional teaching staff due to enrollment changes and other unbudgeted items of absolute necessity.


Explanation:
Set aside for emergencies, to help offset future tax increases, and to maintain credit rating


Explanation:
5,469,855 committed for Retirement Spike; 3,451,929 committed for Capital Projects


Explanation:
1,336,095 Assigned for 14-15 Budget for capital projects and retirement spike relief


Explanation:
103,012 Nonspendable for inventory and prepaid expenditures


Explanation:
Board Policy requires between 4% and 8% Unassigned Fund Balance


Explanation:
$100,000 - Experience indicates there are certain variables over which control is impossilbe regardless of the care with which the budget is prepared.  This is for those instances with which we have no control.  $350,000 is for the first installment of payment to Easton Area School District for the transfer of the Borough of Riegelsville to the Palisades School District as per the County of Bucks Court Settlement Agreement


Explanation:
Capital projects, E-Finance software costs, Future Debt Service Payments, Future Retirement Payments


Explanation:
Federal Program  and ACCESS Expenditures to be allocated


Explanation:
To be used for offset future tax increases


Explanation:
Reserve for PSERS Rate Stabilization-$2,792,958/ Reserve for Capital Projects-$1,250,000


Explanation:
The 2013-14 Budget targets an Unreserved Ending Fund Balance to be between 5% and 8%


Explanation:
For capital projects and anticipated increases in employee benefits.


Explanation:
Fund balance will be utilized for unexpected charter school, special education costs and capital projects.  A portion will also be used to offset PSER expenditures.


Explanation:
Budgetary Reserve will be utilized for unanticipated capital, special education, personnel and charter school expenditures


Explanation:
Funds committed for future expenditures in Fiscal Year 2015-16.  $416,528 for healthcare; $2,589,825 for psers; and $1,511,154 for capital projects.


Explanation:
The District is currently reviewing options for reducing expenditures and increasing revenues.


Explanation:
Prudent business practice allows for emergency or unanticipated expenditures.  Any use of these funds will be board approved via budget transfers.


Explanation:
PSERS Rate Stabilization, Medical Plan Rate Stabilizaton, Federal Base Closing Revenue Stabilization


Explanation:
Assigned for PSERS, Capital Projects, Assessment Appeals


Explanation:
Funds committed for future PSERS obligations,future postemployment benefits,variable bond rate stabilization and future capital projects.


Explanation:
To provide for future needs of the school district.


Explanation:
The amount denoted represents allocations for future PSERS costs as well as for an amount set aside for future medical costs.


Explanation:
Prudent financial management dictates that a sufficient fund balance should be maintained for emergency purposes as well as for favorable bond ratings.


Explanation:
This amount is placed in the budget to account for unforseen expenditures that may occur during the year.


Explanation:
Prudent financial management warrants maintaining a fund balance sufficient to offset unplanned expenditures or shortfalls in revenues


Explanation:
Funds needed to start the 14-15 fiscal year.


Explanation:
Funds needed for unexpected expenditures.


Explanation:
Money to be utilized for future retirement and health care cost.


Explanation:
Fund Balance used to support current operations.


Explanation:
Money to be used for unanticipated expenditures


Explanation:
Reserve for retirement, health insurance, special education cost increases


Explanation:
Reserve needed to match cash flow to expenditures


Explanation:
Contingency for unbudgeted and underbudgeted expenditures


Explanation:
Money used for emergencies and unexpected expenses.


Explanation:
Money used to transfer to budget line items during year.


Explanation:
Prudent fiscal administration necessitates an unassigned fund balance as assessment appeal result in a considerable loss of revenue


Explanation:
Anticipated increases in Health Care, Retirement, Special Education, Utilities, Capital Improvements, and Uniforms


Explanation:
For any unanticipated or emergency expenditures


Explanation:
Unassigned Ending Fund Balance for 2013-2014 School year.


Explanation:
Estimated Unrestricted ending fund balance


Explanation:
Estimated Unrestricted total ending fund balance


Explanation:
Funds to be used for general increase in education and support services for students


Explanation:
Committed for PSERS, compensated absences, and other post-employment employee benefits


Explanation:
Reserve on hand to start new fiscal year


Explanation:
Amount committed for increase costs to fund retirement and health insurance benefits


Explanation:
assigned for capital expenditures, psers and debt service


Explanation:
There is an uncertainty of possible liabilities; legal issues, special education students, tax assessment appeals, etc.  We feel it is prudent fiscal management to budget funds for unexpected uncertainties.


Explanation:
Estimated ending fund balance for 6/30/14


Explanation:
Assignment is for future retirement stabilization and for anticipated refunds for real estate tax assessment appeals.


Explanation:
This amount is below the 8% legal cap and is retained by the district to have cash if needed for delays in state or local funding.  The unassigned fund balance also provides flexibility in terms of tax increases.


Explanation:
Prudent safeguard against unforseen expenses during the year.


Explanation:
Capital Reserve, Comp Absences, Early Retirement Incentive, OPEB


Explanation:
Capital Projects, Other Postemployee benefits


Explanation:
Reserve for Federal grants, state grants and short fall funding


Explanation:
Funds committed by the board for repairs/upgrades of turf athletic fields and future retirement contributions.


Explanation:
Funds reserved for operating contingencies.


Explanation:
Budgetary Reserve, Compensated Absences, Future Retirement Rate Increases and Special Education


Explanation:
Establish budgetary reserve per School Board policy


Explanation:
Assigned for PSERS, Debt service, Health care claims, and other future expenditures


Explanation:
Unassigned fund balance not to exceed 8% of expenditures


Explanation:
Contingency amount for unanticipated expenditures in 2013-2014


Explanation:
Future long-term liabilities (PSERS and OPEB).


Explanation:
Devereux Liability/Tuition Charges and Subsquent Year's Shortfall.


Explanation:
To be used for unpredicated major expenditures.


Explanation:
Restricted for self-insured health insurance


Explanation:
These funds are not designated for a specific purpose


Explanation:
to fund unanticipated expenditures for the fiscal year


Explanation:
Pension, Health Care, Facilities, Technology, Building & Grounds


Explanation:
Reserve for unexpected increases in health care


Explanation:
The District has committed fund balances to address increased costs associated with future increases in PSERS retirement employer rates.


Explanation:
Board Policy 601.1 - The school district will strive to maintain an unassigned general fund balance of not less than 5% of the budgeted expenditures.


Explanation:
Board Policy 601.2 - The district will maintain a budgetary reserve in order to provide for operating contingencies.


Explanation:
For unanticipated Medical Claims (self-insured), Employer Retirement Contributions, Other Capital Projects and Anticipated Revenue Shortfalls


Explanation:
7.75% of 2013-2014 budgeted expenditures


Explanation:
To cover unpredictable changes in the cost of goods and services (less than 1% of 2013-2014 budgeted expenditures)


Explanation:
Amount comitted for future PSERS increases.


Explanation:
Amount assigned for future medical costs.


Explanation:
Committed to subsequent year's budget, vested employee services, future retirement plan rate stabilization and medical plan rate stabilization.


Explanation:
Committed Fund Balance represents the value of prepaid expenditures and inventory


Explanation:
Assigned ending Fund Balance represents a planned reserve to phase in the impact of PSERS rate increases on taxpayers over an additional time frame. Utilization of this amount will depend in PSERS rate projections and tax base growth.


Explanation:
Unassigned ending Fund Balance represents approximately 6.16% of budgeted expenditures and is a reserve against unforseen expenditures beyond budgetary amounts as well as any unforseen shortfalls in Federal, State or local revenues.


Explanation:
Experience dictates there are certain items which are difficult to accurately predict. These include changes in cost of goods and services; unforseen obligations such as additional special needs students; and other unknown issues that arise after the budget is formulated and adopted. It is even more critical to maintain a proper reserve with Act 1 limitations and budget preparation time frames.


Explanation:
Committed for PSERS, Health care stabilization, Millage rate stabilization and athletic funds


Explanation:
Committed for ERIP, PSERS obligations and Health Care


Explanation:
Major Equipment purchases $260,130; Retirement $600,000; Software updates $25,000; bus lease $271,000.


Explanation:
Used to offset future budget shortfalls and/or capital improvements.


Explanation:
Target to keep 5%-8% of expenditures for fund balance


Explanation:
Funds used to offset increase in PSERS increase


Explanation:
$1,400,000 reserved for debt service variable rates; $100,000 designated for future payments for unused sick/vacation payables; $500,000 for stadium bleacher repairs and replacements; $1,700,000 for technology initiative; $750,000 to balance 13-14 budget; $600,000 for turf replacement/field maintenance; $1,700,000 designated for bus buyback


Explanation:
To be used to accommodate price increases and unanticipated program overruns.


Explanation:
Allocation reserved for unanticipated expenses throughout the fiscal year.


Explanation:
Summer School, Education Foundation, Technology purchases, Future Benefits Funding, Capital Projects


Explanation:
This is within the limits set forth in Act 48 of 2003


Explanation:
Estimated Ending Committed Fund Balance for Future PSERS Obligations


Explanation:
Estimated Assigned Fund Balance for Uncompensated Absence Liability


Explanation:
$710,000 rate stabilization for PSERS rate increases; $350,000 for school bus fleet acquisition.


Explanation:
For Future increases in expenses and real estate tax increase mitigation


Explanation:
utilzed to balance budget in future years


Explanation:
Future increases in health care, pension, and salary expenses


Explanation:
To provide for unanticipated expenditures


Explanation:
Utilizing Fund Balance to Balance the budget


Explanation:
To be used for unforseen expenditures and unrealized revenues


Explanation:
To provide for future increases in operating expenditures, future capital repairs and future increases in PSERS employer contributions.


Explanation:
Retained fund balance for future fiscal years.


Explanation:
To provide for unexpected and unplanned expenditures that may arise during the fiscal year.


Explanation:
Unanticipated expenditures for retirment and health costs.


Explanation:
Retiree health benefits and future retimrement benefit increases


Explanation:
Funds set aside for future pension contribution


Explanation:
Assigned for the purchase of long term asset- uniforms for the extracurricular activities


Explanation:
Fund Balance is less than state maximum and will be used in the future to smooth millage increases.


Explanation:
To set aside funding for unanticipated expenses.


Explanation:
The school board has committed the following reserves: on June 13, 2007 designated $1,000,000 of the unassigned fund balance for the purpose of deferred maintenance, such as, but not limited to, roof replacement, district paving, and equipment replacement; on March 8, 2010 designated an additional $1,000,000 for the purpose of offsetting future retirement costs; on February 9, 2011 designated an additional $1,000,000 for the purpose of offsetting accumulated post employment benefits (OPEB); and on May 9, 2012 designated an additional $1,000,000 for the replacement of the eighty-nine year old junior high school.


Explanation:
The unassigned fund balance is 7.4% of the total budgeted expenditures. The District tries to maintain a fund balance of between 5% to 8% of budgeted expenditures in order to persue level taxiation, ensure a high bond rating, maintain about one months operating expenditures, and provide for future contingencies.


Explanation:
The budgetary reserve is less than 1/10th % of the total budgeted expenditures and has been established to provide for operating contingencies over which control is impossible, such as the changes in the price of goods and services, excess special education or cyber education school costs, and non-public transportation costs.


Explanation:
Designated for long-term building repairs as well as other areas.


Explanation:
To help cushion the implementation of Act 1 in relationship to the overall long-term operation of the school district which has placed a limit on the maximum real estate increase allowed each year.


Explanation:
To fund any unexpected emergency expenditures.


Explanation:
The Committed Fund Balance is for future Retirement and Health insurance increases.


Explanation:
This represents inventories at year end.


Explanation:
The unasigned Fund Balance represents fund balance that is not restricted or committed at this point.


Explanation:
This amount represents money that will be used for current year contigencies or money that can be committed for future Retirement or Health insurance increases.


Explanation:
Committed Fund Balance for Prepaid Expenses and Inventories and for employer's future increass in contributions.


Explanation:
Assigned Fund Balance is for employer's future increase in contributions.


Explanation:
The Unassigned Fund Balance provides the district with working capital to meet obligations when revenue sources are delayed and also supports sound financial management principles.


Explanation:
The Budgetary Reserve provides funds for potential unbudgeted expenditures that may occur throughout the year.


Explanation:
The Board of Directors of Indiana Area School District has voted to commit $500,000 in Fund Balance to the future increases in PSERS and Healthcare.


Explanation:
The estimated ending fund balance is 7.92% of budgeted expenditures.  The school district maintains a modest fund balance to better manage cash flow and fluctuations in revenues and expenditures from year to year.


Explanation:
A modest budgetary reserve is maintained to provide for unforseen expenditures that may occur during the year.


Explanation:
District maintains an unassigned fund balance of 7.00%


Explanation:
District allots an amount for unexpected expenditures during a year.


Explanation:
Used to help offset any retirement and accumulated expenses


Explanation:
Used for any unexpected expenses throughout the school year


Explanation:
Post Employment Medical Coverage, $600,291;Retirement Rate Stabilization, $1,303,927;Roof Bond Debt, $1,400,000; Building Improvement Plan, $1,000,000.


Explanation:
Funds are invested to provide interest revenue for the District.


Explanation:
For unplanned expenses/programs approved after budget adoption.


Explanation:
For future increases in medical premiums, OPEB, PSERS and Debt Service.  Also, Cafeteria Inventory.


Explanation:
For unforseen expenditures that may arrise durning the 2013-2014 fiscal year.


Explanation:
The District has committed a portion of fund balance to help mitigate future retiree health insurance premiums and PSERS rate increases.


Explanation:
The District's goal is to maintain an unassigned fund balance to provide protection from future unexpected events and to mitigate/curtail future tax increases when possible.


Explanation:
The District believes sound fiscal management practices require providing a contingency for unpredictable expenditures not known during the budget process.


Explanation:
Reserved for PSERS and medical insurance.


Explanation:
This amount represents future payments for PSERS, health care premiums, and technology upgrades.


Explanation:
The Board of Directors have designated this money for building maintenance.


Explanation:
The Unassigned Fund Balance can be used for all budgeted expenditures.


Explanation:
This is the estimated preliminary excess.


Explanation:
The budgetary reserve will be used to balance accounts which do not have adequate amounts of funds budgeted in specific categories.


Explanation:
Provides for expenditures not anticipated


Explanation:
The school is an Area Vocational-Technical school.  We zero out each year.


Explanation:
For unexpected and unanticipated expenditures in 2013-14.


Explanation:
Annually 100K is budgeted for unanticipated expenditures or shortfalls in projected revenues.  It is not customary for Forbes Road CTC to carry a fund blance and each year the difference between revenues and expenditures is refunded to our nine sending districts after the annual audit report is received and approved by the Joint Committee.


Explanation:
Budgetary Reserve is a line item in the budget which is for unforeseen circumstances.  The CTC is not permitted to maintain a Fund Balance.  Therefore, all unexpended funds must be refunded to the twelve participating districts at the conclusion of the audit year.


Explanation:
The Budgetary Reserve is not billed to the participating districts.  It can only be used with Joint Operating Committee approval.


Explanation:
available funds for future needs and to balance district contributions in future years


Explanation:
These are funds from our adult LPN program


Explanation:
We are permitted to have an unassigned fund balance per our articles of agreement


Explanation:
Budgetary Reserve for unanticipated expenditures


Explanation:
Any unreserved funds would exist in our Adult Projects Fund. These monies would be reinvested into our current and future adult and continuing education classes


Explanation:
Assigned for adult education, contingent liabilities and 10-year ongoing maintenance projects.


Explanation:
For unknown personnel emergency leaves and emergency repairs to the facility


Explanation:
Budgetary reserve is established to allow for any underfunded areas to be balanced from the reserve should the need arise.


Explanation:
Provision for unexpected expeditures and retirement payouts


Explanation:
For use in case of an emergency in which the Fulton County AVTS Joint Operating Committee deems necessary.


Explanation:
School has no fund balance.  These funds are for possible emergency expenses


Explanation:
Standard Budgetary Reserve for transfer in case of emergency.


Explanation:
Recommendation of our sixteen sending schools "That the Berks Career & Technology Center establish a fund balance that may not exceed five percent of the general fund budget."


Explanation:
Sound management practice recommends provision for a budgetary reserve for operating for unpredictable changes in the working budget.


Explanation:
Monies are set aside for any extra ordinary expenses incurred through the fiscal year.


Explanation:
PSERS Reserve-Amount reserved for future retirement expenditures


Explanation:
South Central Trust Unspendable Balance-Amount in Risk Sharing Pool for future and/or catastrophic health care expenses.


Explanation:
Amount reserved for contingencies and emergencies not budgeted in any other function of the budget


Explanation:
Amounts committed for PSERS increases, computer replacements, shop renovations


Explanation:
AMOUNT TO BE USED TO TRANSFER AMONG ACCOUNTS IF NEEDED


Explanation:
The fund balance is maintained for unanticipated expenses not foreseen during budget development as well as for unanticipated revenue declines in budgeted state/federal funding.


Explanation:
Budgetary reserve is included for unanticipated expenses not foreseen during budget development.


Explanation:
Schools estimated ending unassigned fund balance.  Includes the addition of adult LPN course.


Explanation:
To utilize if there are any unforseen expenses not budgeted, or for matching grants that may come available.


Explanation:
Budgeted for an emergency allocation.  Not received from sending districts unless necessary.  This is an on paper, not an actual cash reserve.


Explanation:
Amount held in abeyance for unanticipated expenses


Explanation:
Committed for Future PSERS contributions


Explanation:
2013-14 Budgetary Reserve for Unepected/Extraordinary Items


Explanation:
Held for use in offseting future growth of emploer contribution for PSERS


Explanation:
Fund balance from operation of Production Control and Adult Education funds for use to cover start-up expenses.  Generated from local sources & used to reduce member SD contributions.


Explanation:
For unanticipated revenue reductions or expenditures and providing for salary adjustments, benefit, insurance cost, repairs and or maintenance and other unknown cost adjustments.


Explanation:
Self Funded Medical and PSERS pension benefit contingency


Explanation:
Continuing Education Program $68,962, Practical Nursing Program $1,091429.


Explanation:
Prudent Business Practice, Offset future increaases, Investment earnings, future capital needs.


Explanation:
Board Policy of early adoption of the annual budget requires funding for unknown events or increases in program enrollments,


Explanation:
Funds to be used by the Board for future programs and building improvements


Explanation:
The budget provides for unforeseen expenditures


Explanation:
Fund Balance Maintained per Articles of Agreement for Future Year(s) Needs that were derived primarily from Adult Education revenues


Explanation:
Fund Balance Maintained per Articles of Agreement for Future Year(s) Needs derived primarily from Secondary Education revenues


Explanation:
Fund Balance for unanticipated expenditures and to be used as matching funds for grants that require same


Explanation:
Reserve for uncertainty with Allegheny County assessment appeals outstanding, cost of safety upgrades and improvements and future labor negotiations.


Explanation:
We anitcipate paying $38,000 for 2012-13 Deaf School for one student.  We also anticipate using $63,224 at the end of this yr to balance our budget for 2012-13.


Explanation:
We anticipate that our fund balance will be almost depleted by the end of 2013-14.  With rising costs associated with Employer's contributions to PSERS.  We estimate approximately $50,600 remaining in our fund balance.


Explanation:
We are obligated to pay $23,000 for retirement incentive health benefits for four employees.  The reminaig $14,145 is for any maintenance building emergency.


Explanation:
Excess cash on due at year end use to dispose amount due to school district.


Explanation:
Anticipated amount to be applied to fund balance at year end.


Explanation:
Fund balance reserved for future contingency


Explanation:
This is estimated balance after the 12-13 budget year.


Explanation:
the fund balance will support the ongoing operational needs of the school


Explanation:
This amount will be used to offset any unforseen expenditures.


Explanation:
Fund balance used to balance the 2013-2014 Budget


Explanation:
For unforeseen self-insurance costs and/or emergencies.


Explanation:
Reserve for re-establishing FB and for unanticipated expenses


Explanation:
Accumuilation of prior years surplus revenue available for future deficits.


Explanation:
Assigned for future capital expenditures


Explanation:
estimated cummulative unreserved fund balance to be used for emergency funds


Explanation:
FY 12-13 ending unassigned fund balance; beginning unassigned fund balance as of 7/1/13.


Explanation:
This is the ending balance at 6/30/13 as unreserved/enassigned fund balance


Explanation:
This amount is contingent upon revenues and expenditures staying within budgeted amounts.


Explanation:
Debt Service, PSERS, textbooks, capital projects, health insurance


Explanation:
Post Employment Retirement Obligation, Inventory


Explanation:
Two months of Estimated General Fund Expenditures


Explanation:
Contingency for unforseen expenditures. Revenues not set by legislature.


Explanation:
Extrordinary Special Education Expenses, PSERS Contributions, Health Insurance Expenses


Explanation:
Unaticipated preventative costs combinede with incorrect starting balance submitted from prior year


Explanation:
Prepaid expenses $500,000; Capital Reserve $4,000,000


Explanation:
PSERS sabilization & OPEB $4,000,000; Health insurance $ 2,500,000; Capital Projects $5,000,000


Explanation:
Amounts are committed to Debt and Capital Improvements


Explanation:
To plan for additional unforeseen expenses due to ongoing Capital Projects


Explanation:
The school's policy is to maintain a fund balance at the beginning of each fiscal year.


Explanation:
This amount will be used to begin to build a General Fund reserve.


Explanation:
Committed Fund Balance will be used for Technology purchases, increased health care and retirement expenses


Explanation:
Committed Fund Balance will be used for Technology purchases, increased health care and retirement expenses.


Explanation:
Funds to be used for unanticipated expenses and facility expenses.  Funds also to be used for possible student and facility expansion costs.


Explanation:
Could not enter Homestead relief in 7340


Explanation:
Represents estimated balance at year's end, in lieu of projected revenues and expenditures.


Explanation:
As this is Howard Gardner MI Charter School's first year in its new facility, the fund balance listed here will go towards any unforseen expenses and, in the event that is not necessary, will be largely dedicated to making additional debt service payments.


Explanation:
Undesignated Fund Balance provided for unforseen uncollected revenue budgeted or major catastrophic financial loss to the district.


Explanation:
Budgetary Reserve appropriated for service expenses not anticipated in the formulation of General Operating Budget.


Explanation:
$16,100,000 set-aside by the board for future PSERS Expenditures; $2,500,000 set-aside for Prior Encumbrances


Explanation:
Post-Retirement Health Care obligations, Major Maintenance Projects and other Self-Service fund expenditures


# tblConSchoolData

LEAName:
Penn Hills Charter School for Entrepreneurship


LEAName:
Young Scholars of Western Pennsylvania CS


LEAName:
Central PA Digital Learning Foundation CS


LEAName:
Center for Student Learning CS at Pennsbury


LEAName:
Preparatory CS of Mathematics, Science, Tech, and


LEAName:
Walter D. Palmer Leadership Learning Partners CS


LEAName:
The Philadelphia CS for Arts and Sciences at HR Ed


LEAName:
Fayette County Career & Technical Institute


LEAName:
Connellsville Area Career & Technical Center


LEAName:
Seneca Highlands Career and Technical Center


LEAName:
Chester County Technical College High School


LEAName:
Central PA Institute of Science & Technology


LEAName:
Philadelphia Electrical & Technology CHS


LEAName:
The Environmental Charter School at Frick Park


LEAName:
Lehigh Valley CHS for the Performing Arts


# tblReport

ReportTitle1:
Estimated Revenues and Other Financing Sources: Budget Summary


ReportTitle1:
Estimated Revenues and Other Financing Sources: Detail


ReportTitle1:
Estimated Expenditures and Other Financing Uses: Budget Summary


ReportTitle1:
Estimated Expenditures and Other Financing Uses: Detail


ReportTitle2:
Real Estate, Per Capita (Sec. 679), Local Enabling (Act 511)


ReportTitle1:
Certification of Estimated Ending Fund Balance

ReportTitle2:
From [tblSysParam.FiscalYear] General Fund Budget


ReportTitle1:
Real Estate Tax Rate Report for YYYY-YYYY

ReportTitle2:
Multi-County Rebalancing Based on Methodology of Section 672.1 (a)(1) of School Code


# tblReportGroup

GroupFooter:
Total Appropriations and Ending Fund Balances


GroupName:
Ending Committed, Assigned and Unassigned Fund Balance

GroupHeader:
Ending Committed, Assigned and Unassigned Fund Balance

GroupFooter:
Ending Committed, Assigned and Unassigned Fund Balance


GroupName:
Estimated Expenditures and Other Financing Uses

GroupHeader:
Estimated Expenditures and Other Financing Uses

GroupFooter:
Total Estimated Expenditures and Other Financing Uses


GroupName:
Appropriation of Prior Year Fund Balance

GroupHeader:
Appropriation of Prior Year Fund Balance

GroupFooter:
Appropriation of Prior Year Fund Balance


GroupName:
Fund Balance, Revenues, and Other Financing Sources

GroupHeader:
Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation

GroupFooter:
Total Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation


GroupName:
Beginning Unreserved Fund Balance and Reserves

GroupHeader:
Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year

GroupFooter:
Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year


GroupName:
Estimated Revenues and Other Financing Sources

GroupHeader:
Summary Of Estimated General Fund Revenues And Other Financing Sources

GroupFooter:
Estimated Revenues And Other Financing Sources


# tblReportSection

SectionDescription:
Estimated Revenues and Other Financing Sources


SectionDescription:
Non-Real Estate Taxes - First Class Districts Only


# tblSchools

LEAName:
Fayette County Career & Technical Institute


LEAName:
Connellsville Area Career & Technical Center


LEAName:
Penn Hills Charter School for Entrepreneurship


LEAName:
Young Scholars of Western Pennsylvania CS


LEAName:
City of Erie Regional Career & Technical School


LEAName:
Central PA Digital Learning Foundation CS


LEAName:
Seneca Highlands Career and Technical Center


LEAName:
Central PA Institute of Science & Technology


LEAName:
Vitalistic Therapeutic CS of the Lehigh Valley


LEAName:
Lehigh Valley CHS for the Performing Arts


LEAName:
Center for Student Learning CS at Pennsbury


LEAName:
Chester County Technical College High School


LEAName:
Philadelphia Electrical & Technology CHS


LEAName:
Preparatory CS of Mathematics, Science, Tech, and


LEAName:
Walter D. Palmer Leadership Learning Partners CS


LEAName:
The Philadelphia CS for Arts and Sciences at HR Ed


LEAName:
The Environmental Charter School at Frick Park


