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General Fund Budget Approval
Date of Adoption of the General Fund Budget:
President of the Board - Original Signature Required Date
Secretary of the Board - Original Signature Required Date
Chief School Administrator - Original Signature Required Date
Contact Person Telephone Extension
Email Address
Jean L Hentz (717)272-2031 Extn :1804
Printed 5/14/2020 4:54:17 PM
LEA Name : 113381303 LebanonCornwall-Lebanon SD County :AUN Number :Class : 2
FINAL GENERAL FUND BUDGETFiscal Year 2020-2021
Page 1
No school district shall approve an increase in real property taxes unless it has adopted a budget that includes an estimated, ending unreserved undesignated fund balance (unassigned) less than or equal to the specified percentage of its total budgeted expenditures:
Did you raise property taxes in SY 2020-2021 (compared to 2019-2020 )? Yes
If yes, see information below, taken from the 2020-2021 General Fund Budget.
No
x
The Estimated Ending Unassigned Fund Balance is within the allowable limits. Yes
No
x
I hereby certify that the above information is accurate and complete.
SIGNATURE OF SUPERINTENDENT DATE
2020
Total Budgeted Expenditures Fund Balance % Limit(less than or equal to)
Less Than or Equal to $11,999,999 12.0%
Between $12,000,000 and $12,999,999 11.5%
Between $13,000,000 and $13,999,999 11.0%
Between $14,000,000 and $14,999,999 10.5%
Between $15,000,000 and $15,999,999 10.0%
Between $16,000,000 and $16,999,999 9.5%
Between $17,000,000 and $17,999,999 9.0%
Between $18,000,000 and $18,999,999 8.5%
Greater Than or Equal to $19,000,000 8.0%
Total Budgeted Expenditures $81596863
Ending Unassigned Fund Balance $5790160
Ending Unassigned Fund Balance as a percentage(%) of Total Budgeted Expenditures
7.1%
DUE DATE: AUGUST 15,
SCHOOL DISTRICT :
113381303 LebanonCornwall-Lebanon SD
COUNTY : AUN :
Printed 5/14/2020 4:54:18 PM
CERTIFICATION OF ESTIMATED ENDING FUND BALANCEFROM 2020-2021 GENERAL FUND BUDGET
24 PS 6-688
(10/2010)
Page 2
(03/2006)
School District Name :
Cornwall~Lebanon SD
CERTIFICATION OF USE OF PDE-2028
FOR PUBLIC INSPECTION OF 2020-2021 PROPOSED BUDGET 24 PS 6-687(a)(1)
County: AUN Number:
Lebanon 113381303
Section 687(a)(1) of the School Code requires the president of the board of school directors of each school district to certify to the Department of Education that the proposed budget was prepared, presented and will be made available for public inspection using the uniform form prepared and furnished by the Department of Education.
I hereby certify that the above information is accurate and complete.
SIGNATURE OF SCHOOL BOARD PRESIDENT
DUE DATE:
Printed 5/14/2020 4:54:18 PM
IMMEDIATELY FOLLOWING ADOPTION OF PROPOSED FINAL GENERAL FUND BUDGET
DATE
Page 3
Val Number Description Justification
1010 Budget Approval Date is required before submission on Contact Screen and cannot be a future date.
8060 Ending Fund Balance Entry and Budgetary Reserve: If 5900 Budgetary Reserve is not equal to 0, a justification must be entered below.
Budgetary Reserve.
8080 Ending Fund Balance Entry and Budgetary Reserve: If 0850 Estimated Ending Unassigned Fund Balance is not equal to 0, a justification must be entered below.
Unassigned Fund Balance.
8160 Ending Fund Balance Entry and Budgetary Reserve: If 0840 Assigned Fund Balance is not equal to 0, a justification must be entered below.
Balance Assigned for Retirement.
2020-2021 Final General Fund Budget Validations
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LEA : 113381303 Cornwall-Lebanon SD
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ITEM AMOUNTS
Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year
0810 Nonspendable Fund Balance 160,000
0820 Restricted Fund Balance
0830 Committed Fund Balance
0840 Assigned Fund Balance 2,116,060
0850 Unassigned Fund Balance 6,423,160
Total Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year $8,539,220
Estimated Revenues And Other Financing Sources
6000 Revenue from Local Sources 54,042,476
7000 Revenue from State Sources 24,442,851
8000 Revenue from Federal Sources 1,133,000
9000 Other Financing Sources 139,000
Total Estimated Revenues And Other Financing Sources $79,757,327
Total Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation $88,296,547
2020-2021 Final General Fund Budget Estimated Revenues and Other Financing Sources: Budget Summary
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LEA : 113381303 Cornwall-Lebanon SD
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Amount
REVENUE FROM LOCAL SOURCES6111 Current Real Estate Taxes 47,105,370
6112 Interim Real Estate Taxes 245,000
6113 Public Utility Realty Taxes 45,000
6114 Payments in Lieu of Current Taxes - State / Local 74,178
6150 Current Act 511 Taxes - Proportional Assessments 4,604,898
6400 Delinquencies on Taxes Levied / Assessed by the LEA 550,000
6500 Earnings on Investments 70,000
6700 Revenues from LEA Activities 102,000
6800 Revenues from Intermediary Sources / Pass-Through Funds 820,000
6910 Rentals 106,530
6920 Contributions and Donations from Private Sources 5,000
6940 Tuition from Patrons 279,000
6960 Services Provided Other Local Governmental Units / LEAs 10,000
6980 Revenue from Community Services Activities 7,450
6990 Refunds and Other Miscellaneous Revenue 18,050
REVENUE FROM LOCAL SOURCES $54,042,476
REVENUE FROM STATE SOURCES7111 Basic Education Funding-Formula 10,744,725
7112 Basic Education Funding-Social Security 1,361,579
7160 Tuition for Orphans Subsidy 187,000
7220 Vocational Education 88,300
7271 Special Education funds for School-Aged Pupils 2,375,000
7311 Pupil Transportation Subsidy 1,095,305
7312 Nonpublic and Charter School Pupil Transportation Subsidy 38,500
7320 Rental and Sinking Fund Payments / Building Reimbursement Subsidy 647,338
7330 Health Services (Medical, Dental, Nurse, Act 25) 93,500
7340 State Property Tax Reduction Allocation 1,264,905
7505 Ready to Learn Block Grant 528,189
7820 State Share of Retirement Contributions 6,018,510
REVENUE FROM STATE SOURCES $24,442,851
REVENUE FROM FEDERAL SOURCES8514 NCLB, Title I - Improving the Academic Achievement of the Disadvantaged
700,000
8515 NCLB, Title II - Preparing, Training and Recruiting High Quality Teachers and Principals
145,000
8516 NCLB, Title III - Language Instruction for Limited English Proficient and Immigrant Students
27,000
2020-2021 Final General Fund Budget Estimated Revenues and Other Financing Sources: Detail
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Amount
REVENUE FROM FEDERAL SOURCES8517 NCLB, Title IV - 21St Century Schools 30,000
8810 School-Based Access Medicaid Reimbursement Program (SBAP) Reimbursements (Access)
225,000
8820 Medical Assistance Reimbursement for Administrative Claiming (Quarterly) Program
6,000
REVENUE FROM FEDERAL SOURCES $1,133,000
OTHER FINANCING SOURCES9350 Enterprise Fund Transfers 139,000
OTHER FINANCING SOURCES $139,000
TOTAL ESTIMATED REVENUES AND OTHER SOURCES 79,757,327
2020-2021 Final General Fund Budget Estimated Revenues and Other Financing Sources: Detail
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LEA : 113381303 Cornwall-Lebanon SD
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Page 7
Act 1 Index (current): 3.2%
Calculation Method: Rate
Approx. Tax Revenue from RE Taxes: $47,105,370
Amount of Tax Relief for Homestead Exclusions $1,264,905
Total Approx. Tax Revenue: $48,370,275
Approx. Tax Levy for Tax Rate Calculation: $49,814,839
Lebanon Total
I.
2019-20 Data
a. Assessed Value $3,148,576,601 $3,148,576,601
b. Real Estate Mills 15.4819
2020-21 Data
c. 2018 STEB Market Value $2,690,526,853 $2,690,526,853
d. Assessed Value $3,185,764,200 $3,185,764,200
e. Assessed Value of New Constr/ Renov $0 $0
II.
2019-20 Calculations
f. 2019-20 Tax Levy $48,745,948 $48,745,948
(a * b)
2020-21 Calculations
g. Percent of Total Market Value 100.00000% 100.00000%
h. Rebalanced 2019-20 Tax Levy $48,745,948 $48,745,948
(f Total * g)
i. Base Mills Subject to Index 15.4819
(h / a * 1000) if no reassessment
(h / (d-e) * 1000) if reassessment
III.
Calculation of Tax Rates and Levies Generated
j. Weighted Avg. Collection Percentage 97.02458% 97.02458%
k. Tax Levy Needed $49,814,839 $49,814,839
(Approx. Tax Levy * g)
l. 2020-21 Real Estate Tax Rate 15.6367
(k / d * 1000)
m. Tax Levy Generated by Mills $49,814,839 $49,814,839
(l / 1000 * d)
n. Tax Levy minus Tax Relief for Homestead Exclusions $48,549,934
(m - Amount of Tax Relief for Homestead Exclusions)
o. Net Tax Revenue Generated By Mills $47,105,370
(n * Est. Pct. Collection)
2020-2021 Final General Fund Budget Real Estate Tax Rate (RETR) Report
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AUN: 113381303 Cornwall-Lebanon SD
Printed 5/14/2020 4:54:22 PM
Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code
Page 8
Act 1 Index (current): 3.2%
Calculation Method: Rate
Approx. Tax Revenue from RE Taxes: $47,105,370
Amount of Tax Relief for Homestead Exclusions $1,264,905
Total Approx. Tax Revenue: $48,370,275
Approx. Tax Levy for Tax Rate Calculation: $49,814,839
Lebanon Total
IV.
Index Maximums
p. Maximum Mills Based On Index 15.9773
(i * (1 + Index))
q. Mills In Excess of Index 0.0000
(if (l > p), (l - p))
r. Maximum Tax Levy Based On Index $50,899,910 $50,899,910
(p / 1000 * d)
s. Millage Rate within Index? Yes
(If l > p Then No)
t. Tax Levy In Excess of Index $0 $0
(if (m > r), (m - r))
u.Tax Revenue In Excess of Index $0 $0
(t * Est. Pct. Collection)
V.
Information Related to Property Tax Relief
Assessed Value Exclusion per Homestead $7,855.00
Number of Homestead/Farmstead Properties 10434 10434
Median Assessed Value of Homestead Properties $167,800
2020-2021 Final General Fund Budget Real Estate Tax Rate (RETR) Report
Page - 2 of 3
AUN: 113381303 Cornwall-Lebanon SD
Printed 5/14/2020 4:54:22 PM
Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code
Page 9
Act 1 Index (current): 3.2%
Calculation Method: Rate
Approx. Tax Revenue from RE Taxes: $47,105,370
Amount of Tax Relief for Homestead Exclusions $1,264,905
Total Approx. Tax Revenue: $48,370,275
Approx. Tax Levy for Tax Rate Calculation: $49,814,839
Lebanon Total
State Property Tax Reduction Allocation used for: Homestead Exclusions $1,264,905 Lowering RE Tax Rate $0 $1,264,905
Prior Year State Property Tax Reduction Allocation used for: Homestead Exclusions $0 $0
Amount of Tax Relief from State/Local Sources $1,264,905
2020-2021 Final General Fund Budget Real Estate Tax Rate (RETR) Report
Page - 3 of 3
AUN: 113381303 Cornwall-Lebanon SD
Printed 5/14/2020 4:54:22 PM
Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code
Page 10
CODE
6111 Current Real Estate Taxes Amount of Tax Relief forHomestead Exclusions
Tax Levy Minus HomesteadExclusions
Net Tax RevenueGenerated By MillsCounty Name Taxable Assessed Value Real Estate Mills Tax Levy Generated by Mills Percent Collected
Lebanon 3,185,764,200 15.6367 49,814,839 97.02458%
Totals: 3,185,764,200 49,814,839 - 1,264,905 = 48,549,934 X 97.02458% = 47,105,370
Rate Estimated Revenue
6120 Current Per Capita Taxes, Section 679 $0.00 0
6140 Current Act 511 Taxes – Flat Rate Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue
6141 Current Act 511 Per Capita Taxes $0.00 $0.00 0 0
6142 Current Act 511 Occupation Taxes – Flat Rate $0.00 $0.00 0 0
6143 Current Act 511 Local Services Taxes $0.00 $0.00 0 0
6144 Current Act 511 Trailer Taxes $0.00 $0.00 0 0
6145 Current Act 511 Business Privilege Taxes – Flat Rate $0.00 $0.00 0 0
6146 Current Act 511 Mechanical Device Taxes – Flat Rate $0.00 $0.00 0 0
6149 Current Act 511 Taxes, Other Flat Rate Assessments $0.00 $0.00 0 0
Total Current Act 511 Taxes – Flat Rate Assessments 0 06150 Current Act 511 Taxes – Proportional Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue
6151 Current Act 511 Earned Income Taxes 1.000% 0.000% 3,960,620 3,960,620
6152 Current Act 511 Occupation Taxes 0.000 0.000 0 0
6153 Current Act 511 Real Estate Transfer Taxes 1.000% 0.000% 644,278 644,278
6154 Current Act 511 Amusement Taxes 0.000% 0.000% 0 0
6155 Current Act 511 Business Privilege Taxes 0.000 0.000 0 0
6156 Current Act 511 Mechanical Device Taxes – Percentage 0.000% 0.000% 0 0
6157 Current Act 511 Mercantile Taxes 0.000 0.000 0 0
6159 Current Act 511 Taxes, Other Proportional Assessments 0 0 0 0
Total Current Act 511 Taxes – Proportional Assessments 4,604,898 4,604,898
Total Act 511, Current Taxes 4,604,898
Act 511 Tax Limit --> 2,690,526,853 X 12 32,286,322
Market Value Mills (511 Limit)
2020-2021 Final General Fund Budget Local Education Agency Tax Data
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Printed 5/14/2020 4:54:23 PM
REAL ESTATE, PER CAPITA (SEC. 679), EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511)
Page 11
Tax Functio
nDescription
Tax Rate Charged in:Percent
Change inRate
Less thanor equal to
IndexIndex
Additional Tax Rate Charged in: Percent
Change inRate
Less thanor equal to
Index2019-20(Rebalanced)
2020-21 2019-20(Rebalanced)
2020-21
6111 Current Real Estate Taxes
Lebanon 15.4819 15.6367 1.00% Yes 3.2%
Current Act 511 Taxes – Proportional Assessments
6151 Current Act 511 Earned Income Taxes 1.000% 1.000% 0.00% Yes 3.2%
6153 Current Act 511 Real Estate Transfer Taxes 1.000% 1.000% 0.00% Yes 3.2%
2020-2021 Final General Fund Budget Comparison of Tax Rate Changes to Index
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Description Amount
1000 Instruction
1100 Regular Programs - Elementary / Secondary 35,055,5931200 Special Programs - Elementary / Secondary 11,688,0361300 Vocational Education 2,124,1861400 Other Instructional Programs - Elementary / Secondary 1,309,3181500 Nonpublic School Programs 14,5001600 Adult Education Programs 8,968
Total Instruction $50,200,601
2000 Support Services
2100 Support Services - Students 2,778,7442200 Support Services - Instructional Staff 2,208,1942300 Support Services - Administration 4,817,4892400 Support Services - Pupil Health 1,188,5692500 Support Services - Business 866,9442600 Operation and Maintenance of Plant Services 5,811,3522700 Student Transportation Services 3,534,1862800 Support Services - Central 1,429,8232900 Other Support Services 37,000
Total Support Services $22,672,301
3000 Operation of Non-Instructional Services
3200 Student Activities 357,4213300 Community Services 34,738
Total Operation of Non-Instructional Services $392,159
5000 Other Expenditures and Financing Uses
5100 Debt Service / Other Expenditures and Financing Uses 5,332,8275200 Interfund Transfers - Out 448,9755900 Budgetary Reserve 2,550,000
Total Other Expenditures and Financing Uses $8,331,802
Total Estimated Expenditures and Other Financing Uses $81,596,863
2020-2021 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Budget Summary
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Description Amount
1000 Instruction
1100 Regular Programs - Elementary / Secondary100 Personnel Services - Salaries 20,345,320200 Personnel Services - Employee Benefits 13,013,203300 Purchased Professional and Technical Services 285,868400 Purchased Property Services 75,640500 Other Purchased Services 453,800600 Supplies 738,606700 Property 140,000800 Other Objects 3,156
Total Regular Programs - Elementary / Secondary $35,055,593
1200 Special Programs - Elementary / Secondary100 Personnel Services - Salaries 4,150,722200 Personnel Services - Employee Benefits 2,657,906300 Purchased Professional and Technical Services 3,319,936500 Other Purchased Services 1,526,811600 Supplies 32,000800 Other Objects 661
Total Special Programs - Elementary / Secondary $11,688,036
1300 Vocational Education100 Personnel Services - Salaries 360,839200 Personnel Services - Employee Benefits 249,312300 Purchased Professional and Technical Services 30,000400 Purchased Property Services 80500 Other Purchased Services 1,473,273600 Supplies 10,682
Total Vocational Education $2,124,186
1400 Other Instructional Programs - Elementary / Secondary100 Personnel Services - Salaries 633,133200 Personnel Services - Employee Benefits 416,685300 Purchased Professional and Technical Services 194,500500 Other Purchased Services 60,550600 Supplies 4,450
Total Other Instructional Programs - Elementary / Secondary $1,309,318
1500 Nonpublic School Programs300 Purchased Professional and Technical Services 14,500
Total Nonpublic School Programs $14,500
1600 Adult Education Programs100 Personnel Services - Salaries 6,118200 Personnel Services - Employee Benefits 2,600500 Other Purchased Services 250
Total Adult Education Programs $8,968
Total Instruction $50,200,601
2020-2021 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Detail
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Description Amount
2000 Support Services
2100 Support Services - Students100 Personnel Services - Salaries 1,623,023200 Personnel Services - Employee Benefits 1,018,660300 Purchased Professional and Technical Services 400400 Purchased Property Services 1,651500 Other Purchased Services 9,340600 Supplies 125,080800 Other Objects 590
Total Support Services - Students $2,778,744
2200 Support Services - Instructional Staff100 Personnel Services - Salaries 1,135,098200 Personnel Services - Employee Benefits 965,524300 Purchased Professional and Technical Services 25,944400 Purchased Property Services 3,950500 Other Purchased Services 3,725600 Supplies 73,953
Total Support Services - Instructional Staff $2,208,194
2300 Support Services - Administration100 Personnel Services - Salaries 2,748,389200 Personnel Services - Employee Benefits 1,790,441300 Purchased Professional and Technical Services 121,280400 Purchased Property Services 10,460500 Other Purchased Services 67,560600 Supplies 44,559800 Other Objects 34,800
Total Support Services - Administration $4,817,489
2400 Support Services - Pupil Health100 Personnel Services - Salaries 530,185200 Personnel Services - Employee Benefits 323,199300 Purchased Professional and Technical Services 315,060400 Purchased Property Services 1,310500 Other Purchased Services 475600 Supplies 18,340
Total Support Services - Pupil Health $1,188,569
2500 Support Services - Business100 Personnel Services - Salaries 460,542200 Personnel Services - Employee Benefits 320,237300 Purchased Professional and Technical Services 30,000400 Purchased Property Services 5,500500 Other Purchased Services 11,800600 Supplies 31,425800 Other Objects 7,440
Total Support Services - Business $866,944
2020-2021 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Detail
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Description Amount
2600 Operation and Maintenance of Plant Services100 Personnel Services - Salaries 2,124,824200 Personnel Services - Employee Benefits 1,680,257300 Purchased Professional and Technical Services 72,350400 Purchased Property Services 409,125500 Other Purchased Services 327,365600 Supplies 1,196,131800 Other Objects 1,300
Total Operation and Maintenance of Plant Services $5,811,352
2700 Student Transportation Services100 Personnel Services - Salaries 50,598200 Personnel Services - Employee Benefits 33,888300 Purchased Professional and Technical Services 3,500400 Purchased Property Services 200500 Other Purchased Services 3,436,200600 Supplies 9,600800 Other Objects 200
Total Student Transportation Services $3,534,186
2800 Support Services - Central100 Personnel Services - Salaries 670,874200 Personnel Services - Employee Benefits 504,319300 Purchased Professional and Technical Services 650400 Purchased Property Services 10,000500 Other Purchased Services 1,125600 Supplies 241,850800 Other Objects 1,005
Total Support Services - Central $1,429,823
2900 Other Support Services500 Other Purchased Services 37,000
Total Other Support Services $37,000
Total Support Services $22,672,301
3000 Operation of Non-Instructional Services
3200 Student Activities100 Personnel Services - Salaries 230,086200 Personnel Services - Employee Benefits 113,785300 Purchased Professional and Technical Services 250400 Purchased Property Services 5,200500 Other Purchased Services 3,200600 Supplies 2,100800 Other Objects 2,800
Total Student Activities $357,421
3300 Community Services100 Personnel Services - Salaries 16,100200 Personnel Services - Employee Benefits 1,338
2020-2021 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Detail
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Description Amount
300 Purchased Professional and Technical Services 12,800600 Supplies 4,500
Total Community Services $34,738
Total Operation of Non-Instructional Services $392,159
5000 Other Expenditures and Financing Uses
5100 Debt Service / Other Expenditures and Financing Uses800 Other Objects 694,133900 Other Uses of Funds 4,638,694
Total Debt Service / Other Expenditures and Financing Uses $5,332,827
5200 Interfund Transfers - Out900 Other Uses of Funds 448,975
Total Interfund Transfers - Out $448,975
5900 Budgetary Reserve800 Other Objects 2,550,000
Total Budgetary Reserve $2,550,000
Total Other Expenditures and Financing Uses $8,331,802
TOTAL EXPENDITURES $81,596,863
2020-2021 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Detail
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Cash and Short-Term Investments 06/30/2020 Estimate 06/30/2021 Projection
General Fund 12,870,000 11,030,464
Public Purpose (Expendable) Trust Fund
Other Comptroller-Approved Special Revenue Funds
Athletic / School-Sponsored Extra Curricular Activities Fund
Capital Reserve Fund - § 690, §1850
Capital Reserve Fund - § 1431 1,338,000 1,017,778
Other Capital Projects Fund
Debt Service Fund
Food Service / Cafeteria Operations Fund 290,000 290,000
Child Care Operations Fund
Other Enterprise Funds
Internal Service Fund 1,850,000 1,855,000
Private Purpose Trust Fund 165,000 160,000
Investment Trust Fund
Pension Trust Fund
Activity Fund 230,000 175,000
Other Agency Fund
Permanent Fund
Total Cash and Short-Term Investments $16,743,000 $14,528,242
Long-Term Investments 06/30/2020 Estimate 06/30/2021 Projection
General Fund
Public Purpose (Expendable) Trust Fund
Other Comptroller-Approved Special Revenue Funds
Athletic / School-Sponsored Extra Curricular Activities Fund
Capital Reserve Fund - § 690, §1850
Capital Reserve Fund - § 1431
Other Capital Projects Fund
Debt Service Fund
Food Service / Cafeteria Operations Fund
Child Care Operations Fund
Other Enterprise Funds
Internal Service Fund
Private Purpose Trust Fund
Investment Trust Fund
Pension Trust Fund
Activity Fund
Other Agency Fund
2020-2021 Final General Fund Budget Schedule Of Cash And Investments (CAIN)
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Long-Term Investments 06/30/2020 Estimate 06/30/2021 Projection
Permanent Fund
Total Long-Term Investments
TOTAL CASH AND INVESTMENTS $16,743,000 $14,528,242
2020-2021 Final General Fund Budget Schedule Of Cash And Investments (CAIN)
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Long-Term Indebtedness 06/30/2020 Estimate 06/30/2021 Projection
General Fund
0510 Bonds Payable 24,355,000 19,840,000
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations 82,289 54,677
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations 1,744,214 1,648,678
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total General Fund $26,181,503 $21,543,355
Public Purpose (Expendable) Trust Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Public Purpose (Expendable) Trust Fund
Other Comptroller-Approved Special Revenue Funds
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Other Comptroller-Approved Special Revenue Funds
Athletic / School-Sponsored Extra Curricular Activities Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Athletic / School-Sponsored Extra Curricular Activities Fund
Capital Reserve Fund - § 690, §1850
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
2020-2021 Final General Fund Budget Schedule Of Indebtedness (DEBT)
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Long-Term Indebtedness 06/30/2020 Estimate 06/30/2021 Projection
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Capital Reserve Fund - § 690, §1850
Capital Reserve Fund - § 1431
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Capital Reserve Fund - § 1431
Other Capital Projects Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Other Capital Projects Fund
Debt Service Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Debt Service Fund
Food Service / Cafeteria Operations Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
2020-2021 Final General Fund Budget Schedule Of Indebtedness (DEBT)
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Long-Term Indebtedness 06/30/2020 Estimate 06/30/2021 Projection
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Food Service / Cafeteria Operations Fund
Child Care Operations Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Child Care Operations Fund
Other Enterprise Funds
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Other Enterprise Funds
Internal Service Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Internal Service Fund
Private Purpose Trust Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Private Purpose Trust Fund
2020-2021 Final General Fund Budget Schedule Of Indebtedness (DEBT)
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Long-Term Indebtedness 06/30/2020 Estimate 06/30/2021 Projection
Investment Trust Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Investment Trust Fund
Pension Trust Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Pension Trust Fund
Activity Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Activity Fund
Other Agency Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Other Agency Fund
Permanent Fund
0510 Bonds Payable
0520 Extended-Term Financing Agreements Payable
2020-2021 Final General Fund Budget Schedule Of Indebtedness (DEBT)
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Long-Term Indebtedness 06/30/2020 Estimate 06/30/2021 Projection
0530 Lease-Purchase Obligations
0540 Accumulated Compensated Absences
0550 Authority Lease Obligations
0560 Other Post-Employment Benefits (OPEB)
0599 Other Noncurrent Liabilities
Total Permanent Fund
Total Long-Term Indebtedness $26,181,503 $21,543,355
2020-2021 Final General Fund Budget Schedule Of Indebtedness (DEBT)
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Short-Term Payables 06/30/2020 Estimate 06/30/2021 Projection
General Fund
Public Purpose (Expendable) Trust Fund
Other Comptroller-Approved Special Revenue Funds
Athletic / School-Sponsored Extra Curricular Activities Fund
Capital Reserve Fund - § 690, §1850
Capital Reserve Fund - § 1431
Other Capital Projects Fund
Debt Service Fund
Food Service / Cafeteria Operations Fund
Child Care Operations Fund
Other Enterprise Funds
Internal Service Fund
Private Purpose Trust Fund
Investment Trust Fund
Pension Trust Fund
Activity Fund
Other Agency Fund
Permanent Fund
Total Short-Term Payables
TOTAL INDEBTEDNESS $26,181,503 $21,543,355
2020-2021 Final General Fund Budget Schedule Of Indebtedness (DEBT)
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Account Description Amounts
0810 Nonspendable Fund Balance 160,000
0820 Restricted Fund Balance
0830 Committed Fund Balance
0840 Assigned Fund Balance 909,524
0850 Unassigned Fund Balance 5,790,160
Total Ending Fund Balance - Committed, Assigned, and Unassigned $6,699,684
5900 Budgetary Reserve 2,550,000
Total Estimated Ending Committed, Assigned, and Unassigned Fund Balance and Budgetary Reserve $9,409,684
2020-2021 Final General Fund Budget Fund Balance Summary (FBS)
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