# 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

Description:
Estimated Ending Unassigned Fund Balance

Explanation:
Reserve for future Debt payments and capital expenditures


Description:
Estimated Beginning Fund Balance - Assigned


Description:
Estimated Beginning Fund Balance - Unassigned


Explanation:
Fund balance used for future expenditures and expansion of facilities


Description:
Estimated Beginning Fund Balance - Committed


Explanation:
Fund balance used for future operating expenses


Description:
Extended Term Financing Agreements Payable


Explanation:
Amount reserved for future contingencies


Explanation:
Fund balance use for future operating expenses


Explanation:
Funds committed for learning center lease payments, PSERs, and potential legal expenses


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


Explanation:
Estimated ending committed balance for future extraordinary special education expenditures and retirement expenditures.


Explanation:
Estimated ending unassigned fund balance is made to provide for available resources to pay current expenditures in the next fiscal year that exceed revenues received on a cash flow basis.


Explanation:
Budgetary reserve for operating contingencies including flexible benefit costs for newly hired personnel, grant contracts, changes in personnel structure and other unknown operating contingencies.


Explanation:
Estimated ending committed balance for future extraordinary special education expenditures and retirement expenditures


Explanation:
Budgetary reserve for operating contingencies including flexible benefit costs for newly hired personnel, grant contracts, changes in personnel structure and other unkown items.


Explanation:
Estimated ending committed fund blance for future extraordinary special education expenditures and retirement expenditures


Explanation:
Budgetary reserve for operating contingencies including flexible benefit costs for newly hired personnel, grant contracts, changes in personnel structure and other unknown operating contingencies


Explanation:
Estimated ending committed balance for future extraordinary special education expenditures and retirement expendituers


Explanation:
Negative unassigned fund balance for start up costs in the schools second year.


Explanation:
Estimated ending unassigned fund balance is made to provide for available resources to pay current expenditures in the next fiscal year that exceed revenues received on a cash flow basis


Explanation:
Subsequent Year Budget Fund - Unknown Enrollment, Cash Flow concerns, PSERS increases plus no State reimbursement, Projected Healthcare increases


Explanation:
This is our estimated ending fund balance for 6/30/2016.


Explanation:
This amount will be reserved for unexpected budgetary expenses during 2015-2016 fiscal year.


Explanation:
Amount to be utilized for any unforeseen expenditiures for upcoming school year.


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


Explanation:
Funds reserved for building renovations, furniture and other renovation projects


Explanation:
Funds available for unexpected expenditures or revenue shortfall


Explanation:
Unexpended balance for future school use


Explanation:
Reserves for retirementand health insurance stabilization


Explanation:
The ending fund balance is based on estimated revenues less expenditures for the 15-16 school year and is estimated to be used the following school year.


Explanation:
Amount committed to future capital projects


Explanation:
Amount needed to cover expenditures for summer months


Explanation:
The fund balance listed here will go towards any unforseen expenses and, in the event that is not necessary, will be largely dedicated to school equipment/materials upgrades and/or replacement, or to making additional debt service payments.


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


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


Explanation:
Designated for anticipated increases in pension and healthcare costs and one month operational costs.


Explanation:
Designated for unanticipated operational costs.


Explanation:
Ending Fund Balance available for Mortgage Refiance and Mortgage Principal early payment.


Explanation:
Ending Fund Balance available for unforeseen educational expenses and/or facilities expenses as well as any unexpected reduction in revenue sources.


Explanation:
Reserved for unanticipated educational and/or facilites expenses.


Explanation:
To increase reserved funds for three months salary and expendures.


Explanation:
It is prudent to have a reserve fund for unforeseen events.  In addition, School Lane is required by the bank to have Debt Service Coverage Ratio of 1.25.


Explanation:
Our auditors strongly recommend that we have a fund balance in the event of unanticipated expenses.


Explanation:
Future Capital Equipment  60,000, Future Curriculum Developmnent  44,000, New Initiatives 300,000,  Future Program Stabilazation 1,400,000


Explanation:
2014-2015 Revenue Shortfall 269,577, PSERS Retirement Rate Increases 360,371


Explanation:
This is the ending balance estimated at 6/30/15 as Unreserved/Unassigned fund balance.


Explanation:
This is a reserve budgeted as a contingency for unknown expenditures.


Explanation:
Committed for future legal, retirement and capital expenditures.


Explanation:
Budgetary Reserve set aside for contingencies


Description:
Appropriation of Prior Year Fund Balance


Explanation:
Fund balance used for future expenditures


Explanation:
School constructon loan and interest owed to school's lease holders.


Explanation:
Per Charter School Office at the Philadelphia School District, the school has assignd fund balance for 45 days for operational costs if needed.


Explanation:
Unassigned fund balance total is for 2014-2015 expenditures for 14-15 staff paid in 15-16 school year and unexpected expenditures prior to the new fiscal year.


Explanation:
Reserved for investment in capital assets and prepaid rent.


Explanation:
Future use is for normal operating expenses


Explanation:
Assigned for principal payment on construction loan


Explanation:
Prepaid Rent and Invesntment in Capital Assets


Explanation:
This is the ending balance estimated for 6/30/15 as Unreserved/unassigned fund balance.


Explanation:
This is designated for 90 days Cash, Capital Improvements, and Non Liquid Assets.


Explanation:
It is prudent that we setup fund balance for unforseen events.


Explanation:
Ending fund balance for capital projects and long term debt.


Explanation:
It is prudent to establish funds for unforeseen events.


Explanation:
Since Ending Fund Balance is a function of school's financial activity and we're forcasting that the amount of FY 2015-16 expenditures will be equal to the amount of revenuethat will be received, the Ending Fund Balance will stay unchanged and will be equal the the Beginning Fund Balance.


Explanation:
Healthcare Premiums and Retirement (PSERS) Contributions


Explanation:
Estimated, may be committed to debt service


Explanation:
Estimated for programmatical adhesion to Charter.


Explanation:
Reserved for potential future contingencies


Explanation:
Reserved for retirement and capital expenditures.


Explanation:
The unassigned fund balance will be used to for the monthly average expenses of $562,633 incurred for July through September until tuition receivables for the 2015-2016 school year is received in October.


Explanation:
Fund balance for capital projects and long-term liabilities.


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


Explanation:
The reserve is due to the purchase of the building and will be used to make loan payments.


Explanation:
Unassigned Fund Balance will be used to offset any unforeseen expenditres.


Explanation:
FUNDING HELD FOR UNFORESEEN FUTURE EXPENSES


Explanation:
500,000 POST RETIREMENT BENEFITS, 681,000 FOR CAPITAL PROJECTS


Explanation:
AMOUNT WILL BE USED FOR UNEXPECTED EXPENDITURES


Explanation:
Capital Projects, Debt Service, Athletics and Pioneer Project


Explanation:
Committed for athletic activity expenditures.


Explanation:
Assigned for retirement obligations and technology initiative.


Explanation:
Cash flow needed during July and August for payroll an 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.  If an emergency occurred the money would be utilized.


Explanation:
The district estimates a beginning fund balance to start the 2015-2016 school year.


Explanation:
Estimated Fund Balance at 6/30/2016 after consideration of expenditures and revenues and expending the current estimated fund balance at 6/30/15.


Explanation:
Final payment on unexpected expenditure for track and field repair and installation


Explanation:
Unassigned balance remaining from prior year.  Anticipate ending 2014-2015 with a surplus of $1M due to the positive impact of tax appeals, interim taxes from May and June for large properties,  retirements and other staffing hires that did not impact the full year.  Expenditures below budget.


Explanation:
These monies are allocated for unforseen expenditures that could occur in 2015-2016.  They could include things like staffing needs, unforseen facility needs and emergencies.


Explanation:
Monies that may be needed to balance next years budget.


Explanation:
Monies used for unforeseen expenses or capital projects.


Explanation:
Accounts Payable due at the end of the year


Explanation:
Fund balance is necessary to protect agaqinst unforseen expenditures and carry the District through the summer months when tax collection revenue is very low.


Explanation:
The District is maintaining a fund balance to offset future obligations for debt service at $3,500,000 and the retirement system increases at $4,500,000 along with unanticipated expenditures.


Explanation:
Balance to be used to offset unexpected expenditures.


Explanation:
Balance for emergencies & contingencies.


Explanation:
Funds held in reserve for future PSERS and Healthcare increases


Explanation:
Fund Blanace for unforeseen revenue decreases or expenditure increases


Explanation:
To assist in covering future PSERS Increases


Explanation:
Board Policy to maintain 7% fund balance


Explanation:
Assigned fund balance provides for a mutiple year plan of capital improvements and replacements within each building and for technology infrastructure and athletics.  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.


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

Explanation:
This represents an estimate for healthcare premiums paid one month in advance of June 30, 2016.


Description:
Estimated Beginning Fund Balance - Nonspendable


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 district which supports 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:
Funds are committed to tax refunds, retiree severance, retiree health insurance


Explanation:
To secure and insure future years financial solvency


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


Explanation:
COMMITTED FOR PENSION AND BENEFIT EXPENSES


Explanation:
Non-Spendable Prepaid Health Insurance Premiums


Explanation:
$3,055,273 for PSERS & 968,460 for Capital Projects


Explanation:
Amounts are committed to fund the PSERS rate spikes anticipated in the next sevral years and bridge the gap created by Act 1 limitations.


Explanation:
Funds are assigned for anticipated future capital projects at our elementary schools and for athletic facility enhancements.


Explanation:
Fund balance held for committed obligations such as group insurance premiums due.


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


Explanation:
Reserve is maintained to allow for fluctuation in unanticipated or unpredictable expenditures which could include large tax refunds, fuel cost spikes, special educations costs including tuition and service costs, etc.


Explanation:
Funds held in reserve for future PSERS costs.


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 additional instructional positions that could be needed if enrollment increases during the summer months.


Explanation:
Post Employment Benefits (GASB 45 OPEB), Healthcare Insurance and Public Schools Retirement PSERS - Employer costs


Explanation:
PSERS Retirement future increases and Capital Reserve Plan


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


Explanation:
Defray future PSERS costs and July 2015 medical, dental, vision payment and MTA diversions not remitted for FY 15 and FY 16


Explanation:
Includes $ 601,830 of estimated nonspendable fund balance that is scheduled to be liquidated for prepaid health insurance premiums


Explanation:
The districtr has assigned this portion of its fund balance for future capital projects and PSERS and OPEB obligations.


Explanation:
The ending unassigned fund balance is at an allowable percentage of budgeted expenses.


Explanation:
The Assigned Fund Balance is assigned for future PSERS costs ($4,985,015) and for Early Retirement Incentive programs entered into prior to the current year ($1,091,000)


Explanation:
This represents inventories and pre-paid expenditures


Explanation:
This represents a reasonable fund balance for future needs of less than 8% of budgeted expenditures


Explanation:
This represents a nominal budgetary reserve for unanticipated expenditures.


Explanation:
PSERS RETIREMENT,  FUTURE HEALTHCARE & FACILITIES, EQUIPMENT AND TECHNOLOGY


Explanation:
The Committed Fund Balance is due to the anticipated increases in employer's share of retirement costs and health care costs as well as debt service.


Explanation:
The Assigned Fund Balance is an estimate of what may be used from the District's fund balance.


Explanation:
The Unassigned Fund Balance is necessary for the increased costs in unanticipated Special Education, Transportation and Health Care costs.


Explanation:
The District's Budgetary Reserve is necessary for any unanticipated expenditures.


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


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


Explanation:
The District has an Unassigned Fund Balance which can be used to offest revenue shortages


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


Explanation:
Maintain for day-to-day cash flow purposes.


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


Explanation:
Estimated Ending Unassigned Fund Balance is approximately 6% of total expenditure budget.  The district tries to maintain the level between 5-8% to ensure financial stability, to qualify the district for high bond rating, and to provide approximately one month's 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 changes in costs of goods and services, student enrollment, and special education needs as well as occurences of events which are not known a the time of budget preparation but are required expenditures during the current fiscal year.


Explanation:
Cotract Retirement Incentives and unemployment compensation


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


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


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


Explanation:
This is assigned for future repairs to athletic facilities and to support healing and recovery efforts at our Senior High School.


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


Explanation:
The District will assign an amount to cover currently estimated health care expenses for 1 year and retirement expenses for 1 year.


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


Explanation:
The budgetary resverve is intended to help the District avoid liquidation of assets to cover any unanticipated expenses during the year that are not absorded in the budget.


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


Explanation:
Capital Projects, capital improvement, retirement contributions, and unanticipated expenditures


Explanation:
This amount represents approximately 4.9% of our total general budget revenues/expenditures.  This amount is within the district's policy rearding fund balance reserve


Explanation:
This amount represents approximately 1.6% of our total general budget revenues/expenditures.  This amount is within the district's policy rearding fund balance reserve


Explanation:
Capital Improvements, PSERS Increases and Litigation Appeals


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


Explanation:
Assigned for subsequent allocated expenses


Explanation:
To be used to smooth out future millage increases.


Explanation:
Used to offset unexpended revenue cotributions.


Explanation:
Fund Balance is assigned for Capital Projects, Technology Purchases, and PSERS rate stabiliization.


Explanation:
Unassigned Fund Balance is maintained to keep the district bond rating, and to provide a cash flow enhancement during times of slow revenue collection.


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


Explanation:
An estimated ending unassigned fund balance that is 7.5% of total budgeted expenditures.


Explanation:
Unexpected utility and tuition expenditures


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


Explanation:
Prudent fiscal management to cover emergencies


Explanation:
Unanticipated Increase in Expenditures/Revenue Decreases.


Explanation:
Funds to be used for cash flow an demergencies.


Explanation:
Funds to be used for unbudgeted expenses.


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


Explanation:
To maintain a fund balance of approximately 7% of the subsequnt 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:
Assigned for future pension increases and capital expenditures


Explanation:
Maintained for cashflow purposes and unanticipated expenditures


Explanation:
$100,000 educational expenditure as in extra grants.  $200,000 for unanticipated general fund expenditures.


Explanation:
Reserved amount for Increasing Costs of Retirement and also for Debt Payment.


Explanation:
Assigned for Textbook Purchase, E-Resources, and Increasing Costs of Medical Benefits.


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, vison, 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 and for unexpected expenses.


Explanation:
To be set aside for unexpected contingencies


Explanation:
This amount is committed to paying for future PSERS costs and capital improvement


Explanation:
This amount of money is to pay for unexpected expenditures throughout the fiscal year


Explanation:
$1,250,000 for future capital improvements, $1,500,000 for future retirement increases, and $750,000 for future health care increases.


Explanation:
The ending unassigned fund balance has 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, TO BE USED TO BALANCE CURRENT BUDGET, AND TO BE USED FOR FUTURE BUDGET SHORTFALLS


Explanation:
District assigned funds for Employment Benefits


Explanation:
District budgeted a $435,000 deficit for the 2014/15 school year


Explanation:
Geroge Junior Republic Private school fund balance


Explanation:
Assigned for Future OPEB and PSERS expenditures


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


Explanation:
Assigned to offset future retirement increases and for fiscal year 2016-17 budget


Explanation:
To be used to assist in offsetting expenditure increases in furture fiscal year budgets


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


Explanation:
Reserve for transfer to approprate expediture accounts in the even that costs exceed budgeted amounts


Description:
Non-Spendable (Inventory/Comsumables & Prepaid Hosp)


Explanation:
Encumbrances, previous tax increases, refunded expenses & band uniforms.


Explanation:
Retirement, Health Ins Reserve, Debt Service Reserve


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


Explanation:
This amount represents approximately one twelth 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:
PSERS Rate Stabilization, Future Debt Service, Compensated Absences, OPEB - Other Post-Employment Benefits; Health Care, ACCESS, Capital Projects, Amount to Fund Budget Deficit


Explanation:
Irrevocable Health Care Trust, Inventories, Capital Lease Obligations


Explanation:
Unplanned Emergencies, Special Projects, 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:
Esitmated Ending Unassisgned Fund Balance


Explanation:
The Budgetary Reserver represents the amount budgeted for emergencies and unforseen expenditures that may occur during the school year.


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 furture increases to expenditrues for PSERS contributions, health insurance costs, athletic field replacement, Swap costs, and equipment purchases.


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


Explanation:
This number represents a fund balance reserve for Inventory and Prepaid Expenses. It 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:
According to board policy, all gate receipts during football and band events are committed to replacing the football field turf.


Explanation:
This amount includes prepayments and consumable inventory for future use.


Explanation:
This fund balance represents funds available for future use at the boards descretion.


Explanation:
The funds will be used for unforeseen expenditures.  One example wouild include due process claims.


Explanation:
Assigned for: STEM, Retirement, Vo-Tech Renovations, Building/Grounds, Band Uniforms.


Explanation:
Future Buidling/Grounds, other rising costs.


Explanation:
Rising Fuel Costs and Health Insurance Costs.


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


Explanation:
Portions of the fund balance reserved for tentative management plans.  Theses 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 account of the school district.


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


Explanation:
Funds to be used for underbudgeted items in the 2015-16 fiscal year.


Explanation:
To cover changes in budget line items caused by staff changes.  Also, to allow for unforseen utility cost increases and other unplanned expenditures.


Explanation:
The Board has committed this amount for future rising costs in retirement ($696,500), technology ($347,500), capital projects ($183,500), healthcare ($425,487), daycare ($200,000)


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 $35,000 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:
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 PSERS obligations.


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


Explanation:
To reserve for additional Healthcare Costs


Explanation:
Amount represents board commitment for OPEB Liabiilty and PSERS Stabilization


Explanation:
Amount represents portion of fund balance related to the Athletic Ticket Fund imiplemented by the school district and 1 of 10 yr band uniforms rotation assignment


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 additional to the appropriations, it is sound management practice to provide for Operating contingencies through a BUDGETARY RESERVE


Explanation:
Board committee for future PSERS expenses


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


Explanation:
•	$75,000 for Special Education unanticipated costs (RIU #6 programs) and other unexpected mandated program costs or refunds,
•	$100,000 for Computer Technology Extraordinary costs,
•	$50,000 for Unspent Federal or State programs in the General Fund required to be spent in future years,
•	$100,000 for contracted Retirement Incentives and Long-Term Subs not budgeted,
•	$75,000 for Litigation or Other Legal Fees or Expenses Not Budgeted,
•	$50,000 for District Vehicle and/or Food Service Equipment Purchases,
•	$50,000 for Cyber/Charter School, Alternative Ed, or Other Tuition not budgeted or funded, and
•	$1,000,000 for School District Non-Reimbursable Facility Construction Projects.


Explanation:
Projected Fund Balance not Assigned or Committed


Explanation:
The Committed Fund Balance is for future PSERS increases and for the payment of OPEB and Compensated Absences.


Explanation:
Approximately $63,000 in prepaid dental and $4,765 in the Jim McCullough Memorial Fund for scholarships.


Explanation:
The purpose of the unassigned fund balance is to provide stability for the District since its ability to raise taxes is limited, not only by Act 1 but by a shrinking tax base.


Explanation:
A budgetary reserve is maintained to offset any fluctuations in real estate and/or earned income tax due to a declining economy and also to provide a contingency for unexpected expenditures for special needs studentswho may move into the District after the budget is set.


Explanation:
Amounts have been set aside as follows:  $1,200,000 future construction and/or debt reduction; $595,058 future retirement increases; $8,757 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 - $462,182, Debt Stabilization - $337,325, Switch Replacement - $375,000, PSERS Rate Stabilization - $2,821,179


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


Explanation:
Serial Bond Payable, Committed/Actuarial Valuation of Other Employment Benefits, PSERS Commitment, Usage of Fund Balance


Explanation:
11% of Budgeted 2015-2016 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 if for those items not budgeted and contingent.


Explanation:
School Board Resolution and approval to commit funds as follows:  Health Insurance Stabilization $330,000; PSERS $1,775,000; Real Estate Tax Appeals $130,000; Athletic Program $34,000


Explanation:
Athletic and school authority fund balances


Explanation:
Inventories and consortium prepaid expenses


Explanation:
Estimated  Fund balance committed to future PSERS liability


Explanation:
Money assigned for Budgetary Reserve and Capital Projects


Explanation:
Unassigned fund balance to handle future obligations


Explanation:
Money set aside to handle any unforeseen expenditures during the 2015-16 school year


Explanation:
Reserve for future Retirement Contributions, Athletic Facility repairs and potential purchase of the Clairview School.


Explanation:
Reserve for unanticipated expenditures and variance in final state budget passage.


Explanation:
Funds reduced for Capital Projects and PSERS


Explanation:
Considered appropriate to cover any unanticipated expenses that may occur.  Represents approximately 3.18% of total expenditures.


Explanation:
This amount is included in the general fund budget to provide the District with some additional spending should it become necessary during the fiscal year for unforeseen costs


Explanation:
Committed for prior periods early retirement incentives


Explanation:
Assigned for PSERS, capital improvements, health insurance increases


Explanation:
BALANCE REMAINING AFTER APPROPRIATIONS APPLIED AGAINT THE AVAILABLE FUNDS


Explanation:
AMOUNT NEEDED FOR IMMEDIATE EMERGENCY NEEDS


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


Explanation:
Future payments of compensated absences, PSER payments and capital projects


Explanation:
Unexpected expenditures which may arise and not budgeted for


Explanation:
Monies set aside to pay outstanding contractual expenses


Explanation:
Monies to be used for general operating expenses


Explanation:
Board approved commitment of fund balance for capital projects, OPEB, retirement reserve, health care reserve, transportation and technology


Explanation:
For PSERS, Health Care, and Special Education


Explanation:
Board designated funds for future pension obligations.


Explanation:
District assigned funds for the contingency in the event of short or delayed funding of local, state or federal funds.


Explanation:
To prepare for any unforseen expenditures


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


Explanation:
$778,500 future PSERs, $7,500,000 unanticipated expenditures, $11,771 athletic expenditures,


Explanation:
Amount remaining after completion of 2015-16 Fiscal Year


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 meet future pension / PSERS obligations.


Explanation:
To pay for unexpected and unplanned for expenses.


Explanation:
Capital projects; PSERS increases; health insurance increases


Explanation:
To provide for unforeseen expenditures during the year


Explanation:
The ending Unassigned Fund Balance will be used to offset budget shortfalls during the 2016-17 School Year.


Explanation:
$150,000 will be used during the 2015-16 school year for unexpected expenses not specifically budgeted.  Any monies remaining in the Budgetary Reserve will be used to offset expenses in the 2016-17 school year.


Explanation:
Will be used to cover any unbudgeted expenses.


Explanation:
The fund balance will be used next year to balance the budget or set aside to fund future unfunded mandates.


Explanation:
Approximately 1% reserve in case of unforeseen expenditures.


Explanation:
GASB 45 Other Post Emplyment 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 2016-17 Budget.


Explanation:
The Budgetary Reserve will be used to offset unbudgeted, unexpected, and emergency expenditrues for the 2015-16 fiscal year budget as approved by the North Star School District Board of Directors.


Explanation:
These funds wwill be used for future contractual obligations of the district.


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


Explanation:
This amount will be used to make budgetary transfers throughout the fiscal year and any unforeseen emergency expenditures that may arise throughout the year.


Explanation:
The ending unassigned fund balance will be used to off-set future expenditures.


Explanation:
$400,000 in Post-Employment Benefits, $400,000 in PSERS, $600,000 in Debt Service


Explanation:
Unassigned fund balance 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 health insurance expense, cyber/charter school expenses, and textbook purchases.


Explanation:
Assigned balance for payment of retiree health insurance.


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


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


Explanation:
Line item is for unexpected general fund expenditures.


Explanation:
Funds committed for retirement expenses, health insurance expenses,  compensated absences, and OPEB.


Explanation:
Funds assigned to balance the 2014-15 GF budget, for future debt service payments, and for building security upgrades.


Explanation:
Unassigned fund balance is less than 12% of budgeted expenditures.


Explanation:
Funds allocated for contingency purposes.


Explanation:
For general use to balance budget the next few years.


Explanation:
General reserves for unknown/unexpected costs


Explanation:
The Estimated Ending 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 - $5,054,112; National Forest Lands Allocation Reserve Fund - $635,384; Act 1 Reserve Fund - $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:
To Offset the Difference Between Budgeted Revenues and Expenditures


Explanation:
A Means of Offsetting Unanticipated Expenditures


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.


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 for the last 6 years by the School Board to lessen the impact in future years of the dramatic increases in the PSERS rate.  The Board plans to use some of the funds in the 2015-16 budget year to offset some of the cost increase.  A new committed fund balance was established in late 2014-15 for real estate property tax losses which have occurred when the W. PA Conservancy purchased 16,000 acres of land in our district and turned it into state forestlands.  They paid us a lump sum to offset our tax loss for the next 10 years.


Explanation:
This is used to provide cash flow during low revenue periods.  It helps the District to avoid borrowing for expenses before state and federal subsidies are received.  It is also used to lessen the impact of tax increases for local taxpayers by providing some interest earning when not being used.


Explanation:
Budgetary Reserve is used to cover unanticipated expenses not known at time of budget adoption.  This includes additional special education expenses, high utility costs,unsettled labor contracts, or high gas or diesel costs which also affect transportation costs.


Explanation:
Depending on whether or not we are able to fill our Superintendent's position, we might have about $80,000 left in salary and benefits. Due to the interium superintendent taking less pay and no health benefits. If the position is filled we will not have this fund balance remaining.


Explanation:
Our expeditures are $424,788 more than our revenues for this school year. We anticipate that our fund balance will be used up by the end of the school year unless we receive some unanticipated grant monies or donations. We had a 20 percent increase in Health Benefits this year and with the rising cost of employer's share of retirement our fund balance will be depleted.


Explanation:
These monies are set aside to pay for Reitree's Health Benefit incentives and for any unforeseen building maintenance expenditures.


Explanation:
Committed for PSER retirement costs, increasing health care costs and unemployment costs


Explanation:
Amount remaining after projected use for budget


Explanation:
Retirement Reserve - $106,478     Curriculum Reserve - $45,406     Board Services Reserve - $15,000     Grant Projects - $18,500     Technology Reserve - $50,000     Fitness Center Reserve - $10,000    Mainteanance Reserve - $307,408     Capital Reserve - $100,000


Explanation:
Estimated Ending Committed Fund Balance consists of funds committed for projected increases PSERS Employer Contributions and projected increases in Employer Medical Benefit Contributions


Explanation:
The Bald Eagle Area School District School Board believes in sound fiscal management, maintaining adequate working capital to be fiscally responsible and advantageous for the District and the District's Taxpayers.


Explanation:
Budgetary Reserve for unforseen emergency expenditure requirements during the fiscal year.


Explanation:
Monies collected 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 appropriated for expenditure 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:
Specific allocations to future District projects, debt reduction and other possible liabilities were Board approved in June 2015


Explanation:
Net amount of District Unassigned Fund Balance per regulations, after any budgetary shortage is deducted.


Explanation:
Future PSERS/Retirement Contribution $6,732,523; Future Legal Liability Payments $1,100,000


Explanation:
Estimated Ending Unassigned Fund Balance


Explanation:
Assigned Fund balance is for PSERS and Health Insurance Increases


Explanation:
Unassigned Fund Balance is for unexpected expenditures


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


Explanation:
To be used for future budgetary shortfalls.


Explanation:
Future PSERS, Health Insurance increases & debt service payments.


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


Explanation:
Estimated Ending Nonspendable and Restricted Fund Balances not Scheduled for Liquidation.


Explanation:
This money is for any unforseen expenses.


Explanation:
Committed for future PSERS costs, health insurance costs, and debt service payments.


Explanation:
Assigned for future capital projects, special education costs, charter school costs, cirriulum costs, and technology purchases.


Explanation:
Estimated Unassigned Fund Balance @ 6/30/16


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


Explanation:
Funds assigned for future Energy Efficiency Enhancements, Building Security, and Technology Infrastructure Improvements


Explanation:
Unassigned Funds available for general use


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


Explanation:
Unreserved, undesignated fund balance 6/30/16


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 agriculture department from a District resident


Explanation:
Funds set aside by Board resolution to fund future increases in employer retirement costs and healthcare costs


Explanation:
Funds accumulated from prior year budgets for use as the Board deems acceptable


Explanation:
Funds set aside for unanticipated expenditures


Explanation:
Assigned funds for healthcare, PSERS, debt and various other expenditures.


Explanation:
Committed for future Capital Items $756,878, future copier replacement plan $104,754 & future PSERS retirement costs $4,771,300


Explanation:
Nonspendable Inventory $59,854, Nonspendable Prepaid Expenses $332,784, & Restricted Undistributed State Gaming Funds $96, & Restricted Lincoln Benefit Trust $4,229,559


Explanation:
Unassigned Fund Balance within District policy limits


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


Explanation:
Act 1 Earned Income Tax Property Tax Relief available for Homestead and Farmstead Exclusions in 2015-2016


Explanation:
Deficiency of Revenue over Expenditure less $5,000,000 budgetary reserve.


Explanation:
Amount budgeted to accommodate increased student enrollment needs and other unforeseen funding requirements


Explanation:
Committed for future retirement expenses, future healthcare expenses, future sick leave payouts upon retirement, future athletic activities


Explanation:
Unassigned and committed fund balance will be used to balance the budget


Explanation:
Reserve for unbudgeted expenditures, one-time maintenance outlays and subsequent budget years.


Explanation:
Estimated $1,026,876 remaining for PSERS and $246,064 for utilities.


Explanation:
Assigned blance utilited for OPEB liablities and future PSERS rate increases


Explanation:
balance utilized in emergency situations


Explanation:
The $80,000 is for unexpected expenses which may occur during the budget process


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


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


Explanation:
Represents the Districts PSERS Allocation & Band Uniform Allocation.


Explanation:
Represents EOY prepaid expenses, general supply inventories, and restricted compensatory education funds.


Description:
Estimated Beginning Fund Balance - Non-Spendable


Description:
Estimated Beginning Fund Balance - Restricted


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


Explanation:
Represents reserves for unforseen expenditures throughout the fiscal year.


Explanation:
Expenditures unknown at the time of budget adoption.


Explanation:
Retirement - $21867047; OPEB - $518000; Insurance $600000; Special Ed. $500000; Capital Projects - $450000; Board Initiatives $100000;Technology $350000


Explanation:
Prudent management dictates a reasonable fund balance


Explanation:
Prudent fiscal management dictates having a reserve for emergencies.  Our policy dictates that we include 5% here, but we cannot come up with that much at this time.


Explanation:
Future Increases for PSERS and Medical Insurance Premiums


Explanation:
Assigned to  Long-Range Maintenance Projects and Equipment Replacements, Technology Upgrades/Replacements


Explanation:
Allocation for budget items under consideratio at presnet time.  Safety upgrades.


Explanation:
Explanation: Post Employment Benefits other than pensions, future medical rate increases, future PSERS rate increases.


Explanation:
Explanation: Emergencies not covered by Committed Fund Balance.


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 and ACCESS only partially budgeted in other expenditure categories.


Explanation:
Estimated unassigned fund balance remaining


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 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:
The committed fund balance represents a reserve for health insurance costs, track renovations and for future PSERS expense.


Explanation:
The assigned fund balance is the Board designated amount of fund balance to be used to assist in balancing the budget for 2015-2016.


Explanation:
The unassigned fund balance represents less than 8% of the 2015-2016 general fund budget.


Explanation:
Budgetary reserve is for unexpected expenses.


Explanation:
$125,000 Committed to cover 2015/16 deficit.  $139,603 Committed from the Crawford Estate for future use as determined by school board.


Explanation:
Estimated value of textbook inventory and prepaid expenditures.


Explanation:
For planned use to fund employer cost to PSERS


Explanation:
For future unanticipated financial needs


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


Explanation:
Retirement Reserve ($1,716,106) and Debt Service Reserve ($250,00)


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 thewe funds before the year is over.  It is not fiscally responsible to operate without a reserve.


Explanation:
NON-SPENDABLE FOR: LBT MEDICAL CLAIMS -$3,486,752; POLLUTION INSURANCE -$16,080


Description:
ESTIMATED BEGINNING FUND BALANCE- NON SPENDABLE


Explanation:
PROJECTED UNASSIGNED FUND BALANCE AS OF 6-30-16


Explanation:
UNANTICIPATED EMERGENCY EXPENDITURES--$100,000, RESERVE FOR TECHNOLOGY AND CURRICULUM--$566,000, RESERVE FOR BUILDINGS AND GROUNDS --$200,000


Explanation:
Unassigned fund balance is 4.79% of the expenditure budget.


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's 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 to the Affordable Care Act


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


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


Explanation:
The West York Area School District, under the authority of its School Board, continues to maintain Committed Fund Balances to cover unforeseen expenses related to the coverage of health costs as a self-insured entity as well as against Commonwealth pension expenses.


Explanation:
The West York Area School District has set aside an Assigned Fund Balance to cover capital repairs to buildings & grounds.


Explanation:
The West York Area School District believes prudent fiscal management includes maintaining a reasonable unassigned, uncommitted, unrestricted fund balance.


Explanation:
A Budgetary Reserve is included in the District's 2015/16 Budget to cover emergency or other unanticipated costs.


Explanation:
Assigned Fund Balance provides for future use for PSERS payment


Explanation:
Undesignated Fund Balance provides for unforeseen uncollected revenue budgeted or major catastrophic financial loss to the District.


Explanation:
Money appropriated for service expenses not anticipated during the General Operating Budget process.


Explanation:
Expect to use $600,000 from the Committed balance to help fund the budget.


Explanation:
Expect to use $610,000 from the Assigned balance to help fund the budget.


Explanation:
This is for inventory and prepaid expenses


Explanation:
Amounted needed to pay for supplies and salaries before the tax revenue comes into the district.


Explanation:
PSERS Reserve to get through 2015/16 and 2016/17


Explanation:
Reserve for Medical claims (self-insured) and ACA mandates, and Special Education


Explanation:
Anticipated for unpredictable needs or emergencies - will become unassigned fund balance if not used


Explanation:
ASSIGNED FOR REAL ESTATE ASSESSMENT APPEALS


Explanation:
Using Technology - 227,600, Equipment - 205,000, PSERS & 75,000


Explanation:
This is the total estimated amount committed at the end of the 2015-16 fiscal year to help offset future employer obligations for PSERS due to rate increases ($3,834,223) and technology initiatives ($960,284).


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 7.06% of the total budgeted expenditures and other financing uses.


Explanation:
Retirement Rate Increases = 5,250,000, Healthcare = 4,500,000, OPEB = 2,200,000


Explanation:
Inventories = 11,488 and Prepaid Expenses = 36,379


Explanation:
Committed Fund Balance covers the district's OPEB liability and commitments to a 2011 Early Retirement Incentive


Explanation:
Assigned Fund Balance has been set aside to assist with funding of 1:1 Initiative


Explanation:
Unassigned Fund Balance is contingency for cash flow disruptions and prudent financial management


Explanation:
Less than 1% of planned expenditures; for unanticipated/uncontrollable costs not in General Fund Budget


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


Explanation:
To provide for financial security for the district during poor economic times and to have the option to pay for unforseen expenses


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


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 4-8%.


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


Explanation:
Retirement benefit costs; debt service stabilization; capital projects; textbook purchases


Explanation:
Good business practice - within range recommended by auditors


Explanation:
Committed for Future Health Care and Retirement Increases


Explanation:
Future retirement benefit costs - $600,000; Future OPEB costs - $325,000


Explanation:
Nonspendable fund balance is comprised of inventory and prepaid expenses.


Explanation:
Unassigned fund balance will be utilized to offset the budgeted 2015/16 operating deficit.


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


Explanation:
Balanced Assigned for Retirement and Interest Rate Stabilization


Explanation:
Primarily a stabilization fund for variable rate debt.


Explanation:
Unassigned fund balance is anticipated to be about 5% of expenditures which is  below the 8% cap mandated by the state.


Explanation:
For unforeseen expenses and emergencies.


Explanation:
School district will have 5 remaining annual payments of a 10-year obligation for the repayment of past years excess earned income tax revenue received as agreed to in an Intermunicipal Agreement.


Explanation:
School district assigned funding for long-term capital improvements focused on Northwest Elementary and Lebanon Middle School


Explanation:
Represents about 3.5% of the total expenditures budgeted to provide adequate cash flow and meet shortfalls in state and federal estimated revenues.


Explanation:
The District has two buildings with operational systems beyond their expected useful life.  This budgeted reserve is available to address emergency replacement or repair of these systems.


Explanation:
Below the state maximum level of unassigned fund balance


Explanation:
To guard against unforeseen expenses that are out of the district's control.


Explanation:
Amount committed for future PSERS increases.


Explanation:
State retirement system rate increases to fund unfunded liability


Explanation:
Deferred maintenance projects $3,000,000, Technology plan $257,000, Potential litigation/arbitration $100,000, State-mandated healthcare liability $53,000, Early childhood program start-up $225,000, Innovative programs $75,000, Balance budget $200,000


Explanation:
For future years revenue fluctuations and expenditure increases


Explanation:
General reserve for unanticipated expenditlures and revenue shortfalls


Explanation:
monies are committee for future retirements, health care cost, special education, and technology


Explanation:
The district has money set aside for unforseen emergencies


Explanation:
Board of School Directors committed funds for the following:  PSERs employer contribution rate increase, property tax assessment reductions, and capital improvements


Explanation:
Assignments include future year budget deficit, increase in healthcare costs, special education cost increases, one-to-one laptop initiative; STEM program, replacement of bus radios


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


Explanation:
Reserve established for unforeseen exepnditures which may occur in classroom instruction including special education costs to serve the needs of students with IEPs


Explanation:
Fund balance is assigned to prepare for future retirement rate increases.


Explanation:
Fund balance is maintained to guard against unforseen  but necessary expenditures.


Explanation:
Reserve  maintained for unanticipated but necessary expenses most of related to special education costs.


Explanation:
For roof replacements, HVAC upgrades, other maintenance and repair projects, and technology equipment


Explanation:
Special ed due process agreement, local grants


Explanation:
For unexpected expenditures and to balance the budget


Explanation:
Future PSERS 960,310; Future Capital Projects 1,000,000; Due BCTC 124,919; Development of KVA 115,147


Explanation:
Assigned for Increase in PSERs employer contribution rate


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


Explanation:
Potential unknown expenditures that could occur during the fiscal year.


Explanation:
Committed Fund Balance approved by the school board for future PSER's contributions in the amount of $412,345; technology purchases $161,998; insurance a duductable $50,000; and athletic facilities $315,000.


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:
Project using $200,000 of PSERS commitment


Explanation:
Forecasted using PY balance and YTD experioence


Explanation:
Money reserved for 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:
Reserved for future PSERS increases, Curriculum and Vehicle Replacements


Explanation:
8% of General Fund Expenditures used for unanticipated epense and future expense exceeding Act 1 Index


Explanation:
PSERS-$650,000, Healthcare-$350,000, Technology-$1,075,000, Special Education-$250,000, Student Info Sy/Financial Software-$200,000


Explanation:
Unforseen Building Repair and Maintenance Expenses


Explanation:
Commitments: Future retirement $3,300,000; future medical insurance $1,697,986; future liability insurance $500,000


Explanation:
The Carlisle Area School District maintains an Unassigned Fund Balance for fiducary emergencies and Retirement phase-in if necessary.


Explanation:
Retirement Rate Stabilization $5,322,488, Health Care Stabilizaiton $1,607,444, Future Capital Projects Stabilization $5,500,00


Explanation:
This is reserved for the PSERS contribution and future medical expenses and technology needs of the District.


Explanation:
This is the unreserved fund balance per board policy


Explanation:
Estimated Ending Fund Balance-Debt Service, Pension, Technology


Explanation:
Future PSERS increases and future repayment of Series of 2011A.


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


Explanation:
Assigned to future debt service payments


Explanation:
In the Preliminary budget Expenditures Exceed Revenues


Explanation:
Contingency Funds for unforeseen and unbudgeted expenses


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 iwthin the range of budgeted expenditures as suggested in the PA School District Manual of Accounting.


Explanation:
The district administration budgets for amounts it expects to incur, and relies on the fund balance for any unforeseen and unexpected expenditures.


Explanation:
Health Insurance: 2,300,684; Library Fund: 23,354; HACC Stabilization Fund: 48,818; Non spendable inventories: $15,145.


Explanation:
Offset tax revenues and provide for Capital Improvements as well as delinquent tax revenue shortfall.


Explanation:
Board assigned for PSERS, Health Insurance Stabiliztion, and additional Capital Improvements.


Explanation:
Transfer to expenditure funds for unanticipated grants or expenses.


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 and grants.


Explanation:
Committed for retirement rate stabilization and health insurance terminal liability. $228,478 of health insurance commitment will be used in 15-16


Explanation:
Restricted for debt service - proceeds from the sale of property


Explanation:
Surplus from prior year operations. District policy indicates that unassigned fund balance should only be used for nonrecurring items.


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


Explanation:
Balance required to begin following year budget


Explanation:
To be used, if necessary, for unforseen expenses


Explanation:
$2,000,000 assigned for increase to Healthcare and $6,809,596 assigned to offset PSERS increases.


Explanation:
Fund Balance will be utilized to offset unexpected expenditures.


Explanation:
80% Capital Projects - $2,850,541, 20% PSERS Reserve - $731695


Explanation:
Amount we expect to be remaining of our fund balance at 6-30-16 if we spent every $ of every expenditure budgeted.


Explanation:
Committed Fund Balance to be used to pay future PSERS and retiree health care costs.


Explanation:
Amount to be used to pay future District expenditures


Explanation:
Commitments of Fund Balance for Retirement, Special Education and Transportation


Explanation:
Assigned Fund Balance includes future student activities balances and assignments for future deficits


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


Explanation:
Committed funds for anticipated increases in retirement, compensated absences, OPEB and health insurance liabilities and anticipated flood wall project to protect the high school and middle school campus.


Explanation:
Acc'd Comp Leave $294,405, Post Ret Health Actuarial $1,055,811, PSERS rate change $2,287,745, Vocational Exceptional Assessment $36,136, Technology $500,000, Tax Appeal Provision $46,384.


Explanation:
Necessary fo operational cash flow and mitigation of projected growth of employee compensation/benefits and energy costs over Act 1 index.


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 RESERVE TO MAINTAIN THE STABLE FINANCIAL CONDITION OF THE SCHOOL DISTRICT AND ENSURES CONTINUITY OF EDUCATIONAL PROGRAMS


Explanation:
Future Health Care and/or Retirement Obligations, and New Middle School


Explanation:
Future Salary, Health Care, and/or Retirement Obligations


Explanation:
Estimated July 1, 2016 Inventory Balance


Explanation:
Estimated July1, 2016 Unreserved Fund Balance


Explanation:
Contingency for continued increase in PSERS retirement rate.


Explanation:
Contingency for poor local tax collection and other unforeseen expenditures.


Explanation:
Includes budget contingency, technology, and building repairs.


Explanation:
For unanticipated expenses and future budget use


Explanation:
Reserved for unanticipated special education expenditures


Explanation:
Retiree healthcare   2,318,334   PSERS reserve 2,893,244 educational reseources reserve 181,389


Explanation:
ACCESS reserve for special ed 348,981  inventory of supplies  32,709     Prepaid expenses  67,547


Explanation:
used as a general reserve to cover unanticipated expenses or revenue shortfalls


Explanation:
annual budget reserve as a fixed % of budget to cover unanticipated budgetary needs during the fiscal year


Explanation:
Unanticipated medical insurance costs, special education, transportation, and legal issues


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


Explanation:
Unassigned Fund Balance can be used for emergencies that are not budgeted.


Explanation:
Budgetary Reserve can be used for expenses that were not budgeted.


Explanation:
Reserves for healthcare, future PSERS costs and GASB 54 liabilities


Explanation:
Reserve for unexpected items that may arise.


Explanation:
To cover cash flow and unanticipated expenditures


Explanation:
Healthcare, Capital Projects, Debt Service


Explanation:
Balance after assignment and restrictions


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


Explanation:
Assigned Fund Balance will be used for a capital flooring project


Explanation:
Fund balance will be used for Technology expenses, increased health care, retirement expenses


Explanation:
Contingency fund and to provide cash flow for reimbursements in transit.


Explanation:
Committed for Capital Projects/5-10 Year Life Cycle Equipment Purchases - $1,273,365; Committed for GASB 45/OPEB - $2,989,895; and Committed for Technology Refresh Reserve - $387,000


Explanation:
Pre-Paid Hughesville-Wolf Authority for sewer


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 Technology Projects - $37,000.  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:
Committed for PSERS and health insurance increases.


Explanation:
Prudent fiscal management and unsettled contract.


Explanation:
These funds have been set aside for Future retirement rate increases and Other Post Retirement Benefits.


Explanation:
The Board assigned 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:
Committted Reserves for future unfunded health insurance premium expenses and future unfunded employer retirement expenses


Explanation:
Assigned for estimated future capital projects


Explanation:
This amount is committed for future capital improvements as well as the potential future spikes in healthcare and/or pension.


Explanation:
This budgetary reserve is expected to be used for emergency capital repairs/improvements, as well as 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.


Explanation:
Estimated future contractual obligations and capital.


Explanation:
Ending assigned fund balance for future oligations.


Explanation:
Expected deficit that we plan to eliminate by final budget due date.


Explanation:
Unexpected expenditures and cash flow cushion


Explanation:
PSERS 1,000,000  Classroom Instruc & Tech 500,000                 Healthcare 500,000


Explanation:
Ending Unassigned Fund Balance to be utilized for daily expenditures.


Explanation:
Estimated amount for unanticipated costs.


Explanation:
$4,971,586 commited to Pension and $733,899 commited to capital projects


Explanation:
Shortfall due to difference arising from form 2028 software calculation


Explanation:
Estimated Fund Balance in attempt to cover previous deficits


Explanation:
Debt Service, Capital Reserve, Future PSERS Contributions, Future Health Insurance Expenditures.


Explanation:
Being used for OPEB, Compensated Absences, Future Technology Purchases and Future PSERS Obligations.


Explanation:
Recerve for additional  Retirement & Health increased costs. Also Teachers Contract that is out 3 years.


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 the 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 cyber charte schools.  Fund Balance can be used for additional capitalization of our self funded health insurance program.  Fund Balance is also used to vover emergency expenditures.  Fund Balance can be used to replace reductions in state basic education and special education subsidies.  Earnings on the invesmtent of Fund Balance creates revenues to offset future tax increases.


Explanation:
For future PSERS and Healthcare Increases


Explanation:
Committed to accommodate PSERS rate increases and rsing healthcare costs.


Explanation:
Assigned to balance 2015-16 budget as well as future budget deficits, encumberances, and Athletics


Explanation:
Contingency for self insurance contributions, special education expenses.


Explanation:
Use of estimated Commited Fund Balance for capital improvements and infrastructue projects in the amount of $4,149,300 and $7,340,876 will be appropriated to balance the 15-16 General Fund budget.


Explanation:
Estimated Nonspendable consists of prepaid expense and estimated restricted represents the employer pension contribution rate increase after the state reimbursement.


Explanation:
Estimated Unassigned Fund Balance is on hand to maintain reserve for future needs.


Explanation:
Budgetary reserve to be utilized for annual operating contingencies that may occur during the course of the fiscal year.


Explanation:
Funds were assigned for future retirement increases.


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


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


Explanation:
The School Board supports the commitment of funds for future capital improvements and construction of a new middle school to be transferred to the capital reserve fund if available.


Explanation:
Fund balance may be assigned for stabalization of future PSERS funding rate increases as well as future ACA cost increases.


Explanation:
This amount is restricted for inventory and restricted grants.


Explanation:
Unassigned 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:
Tax Stabilization, PSER Rate Increase, OPEB, Compensated Absences


Explanation:
Real Estate Appeals and Budget appropriations


Explanation:
The Unassigned Fund Balance is for operating contingencies including expenditure increases (Special Education, Charter Schools, Facilities)


Explanation:
The budgetary reserve is for operating contingencies including expenditure increases (Special Education, Charter Schools, Facilities


Explanation:
Committed Fund Balance will be used for future PSERS spikes, New Middle School Financing, OPEB Obligatins, and Capital Improvements


Explanation:
Nonspendable Fund Balance is for Inventory and PrePaid Expenses


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


Explanation:
Budgetary Reserve is maintained for unexpected expenditures.


Explanation:
Reserved for assessment appeala nd possible litigation claim


Explanation:
Amount available for unforeseen expenses


Explanation:
2,000,000 reserved for Self Insured Helath Plan Expected costs, 3,376,225 set aside for increase in PSERS rates/liability, 5,465,673 GASB 45 post retirement benefits, 1,432,713 Post Retirement benefits other then health care


Explanation:
Unforseen Expenditures or Emergency needs.


Explanation:
Future Budget Obligations (PSERS/HEALTHCARE INCREASES)


Explanation:
Budgetary reserve for unanticipated expenditures


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 .40% 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, increaseing fuel and energy costs over the budget, enrollment changes, additional special education needs, student placements, charter schools, transportation, etc.


Explanation:
PSERS, Health Care, Charter Schools, Tax Base Stabilization


Explanation:
Building Repairs, Textbooks, PPACA Reform


Explanation:
$1,732,194 for delinquent tax collection; $2,300,000 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 the 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, and seasonal aberrations in fuel and utility consumption).


Explanation:
Consisting of OPEB liability, capital projects and budget commitments


Explanation:
Unassigned fund balance is within state limits


Explanation:
Budgetary reserve to be covered by Assigned Fund Balance


Explanation:
Committed for PSERS Retirement Rate Stabilization


Explanation:
Unforeseen or unanticipated expenditures during the 2015-2016 school year.


Explanation:
Strategic investments and budget smoothing


Explanation:
Assigned to Capital Projects, Admin Building Renovations and Contingencies.


Explanation:
Needed for unforeseen conditions and emergencies.


Explanation:
To provide funds for GASB 45 obligations.


Explanation:
This Represents approximately 3.2% of the 15-16 budget, well below the 8% limitation. This would cover 1.5 normal payrolls.


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


Explanation:
Committed for Self Insurance Reserves, PSERS  and Tax Stablization


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


Explanation:
Operating expenses subsequent year's budget/purchase order rollovers


Explanation:
estimated unreserved fund balance June 30, 2016 should all budgeted expendtitures be expended


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


Explanation:
Using $500,000 towards offsetting PSERS costs


Explanation:
Needed for emergencies and revenue shortfalls


Explanation:
$7,661,883 Committed for Retirement increases and $5,496,281 Committed for Capital Projects


Explanation:
Estimated Assigned Fund Balance use for Retirement increases and Amortization of Tech School Prepayment of Renovation


Explanation:
Prepaid Fund Balance for Vo-Tech project paid for in Cash and inventory


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


Explanation:
Experience shows $100,000 should be kept in Budgetary Reserve for unexpected needs and $350,000 is the annual payment to Easton SD for Riegelsville Transfer


Explanation:
To stay within budgetary targets for unreserved fund balance.


Explanation:
The estimated ending committed fund balance will be used for costs associated with PSERS, healthcare, capital projects, OPEB and assessment appeals.


Explanation:
The district continues to use its fund balance to cover ongoing expenditures. The district also maintains some unassigned fund balance in the event funds are needed for unforeseen or emergency-type expenditures.


Explanation:
$500,000 was budgeted for unforeseen or emergency-type expenditures.


Explanation:
Asignments are for PSERS, Capital Costs and Assessment Appeals


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


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


Explanation:
The amount denoted represents allocatiuons 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:
To be used for unaticipated expenses that occur during the year.


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:
Unassigned Fund Balance per board policy


Explanation:
Funds set aside for future PSERS rate increases and OPEB


Explanation:
Funds to help start the succeeding fiscal year


Explanation:
Assigned for capital expenditures, psers and debt service


Explanation:
Estimated ending fund balance for 6/30/16


Explanation:
Assigned by School Board Resolution for the purpose of mitigating future pension obligations, real estate tax assessment appeals and technology purchases.


Explanation:
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 unforeseen expenses during the fiscal year.


Explanation:
Budgetary Reserve, Comp Absences, Early Retire Incentives, OPEB, Activity fees


Explanation:
Inventory, Capital Projects, Capital Reserve, Debt Service, PSERs, Self funded Insurances


Explanation:
Reserve for Federal grants, State Grants and Short fall funding


Explanation:
This amount is committed to fund, in part, future increases in retirement contributions to PSERS.


Explanation:
This is the amount that is neither committed or assigned


Explanation:
This amount is being set aside for unanticipated expenditures


Explanation:
Unanticipated special education services, transportation, charter schools and other expenditures.


Explanation:
Increases in anticipated enrollment, transportation, special education, charter schools tuition, and legal services.


Explanation:
Assigned for PSERS contributions and Healthcare claims


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


Explanation:
Contingency amount for unanticipated expenditures in 2015-2016


Explanation:
Committed Fund Balance for Future PSERS and OPEB liabilties.


Explanation:
Assigned Fund Balance for Devereux Tuition Liabilty.


Explanation:
Estimate to be used for any unexpected expenditures that may come up during the school year.


Explanation:
To be used for unpredicated major expenditures


Explanation:
These are funds not designated for a specific purpose


Explanation:
To fund unanticipated expenditures for the fiscal year.


Explanation:
Assigned balances for PSERS, fringe benefits, extraordinary building/grounds repairs, H.S. Project, utility increases and technology


Explanation:
Estimated unassigned fund balance necessary for policy


Explanation:
Budgetary Reserve for unexpected expenditures


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


Explanation:
Board Policy 601.1 - The 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 2015-2016 budgeted expenditures


Explanation:
To cover unpredictable changes in the cost of goods and services (less than 1% of 2015-2016 budgeted expenditures


Explanation:
Subsequent year's budget, Capital Projects, Vested Employee Services, Future Retirement Plan Rate Stabilization, Medical Plan Rate Stabilization


Explanation:
Committed fund balance includes amounts committed for long-term compensated abscences and accrued severence.


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:
Non-spendable Fund Balance represents the value of prepaid expenditures and inventory.


Explanation:
Unassigned ending Fund Balance represents approximately 5.26% 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. Excluding $147,649 of non-spendable fund balance, this represents 5.07% of budgeted spending.


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 Health Care Cost increases, future PSERS increases, and Capital Improvements to the Athletic Facilities.


Explanation:
To be used for operational expenditures.


Explanation:
To be used for unforeseen expenditures that might occur.


Explanation:
Reserved for PSERS and medical insurance.


Explanation:
Future expense in special ed/pension/etc


Explanation:
Committed for health care stabilization, PSERS and athletics


Explanation:
PSERS, ERIP, HRA and Assessment Settlements


Explanation:
PSERS and ERIP's and Millage rate Stabilization


Explanation:
Fiscal policy to keep 5-8% of unassinged fund balance


Explanation:
Board policy targets 1% of expenditures as budgetary reserve.  In recent year this amount has proven to be sufficients and therfore is slightly less then 1% as provided by policy.


Explanation:
Funds committed for Technology, Debt Service, PSERS


Explanation:
Funds to be used for capital projects and one time expenditures for Technology and Curriculum.


Explanation:
$1,400,000 reserved for debt service variable rates; $200,000 designated for future payments for unused sick/vacation payables; $1,630,000 for stadium bleacher repairs and replacements; $450,000 for technology initiative; $1,000,236 to balance 15-16 budget; $900,000 for turf replacement/grass field maintenance- MS & HS; $1,800,000 designated for bus buyback; $2,100,000 electrical renovation district wide; $1,735,000 access and controls; $3,000,000 reserved for pension costs; $1,100,000 track repairs/resurface/restripe; $750,000 elevator repairs/maintenace; $100,000 natatorium deck repairs


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


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


Explanation:
Summer School, Capital Projects, Future Benefits Funding


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


Explanation:
ESTIMATED ASSIGNMENT OF FUNDS FOR FUTURE ER-PSERS COSTS, COMPENSATED ABSENCES, ENCUMBRANCES @ 6/30/2015


Explanation:
ESTIMATED NONSPENDABLE (INVENTORY) @ 6/30/2015


Explanation:
Rate Stabilization for PSERS - $710,000; Bus fleet - $350,000; Balance the 2014-2015 Budget - $2,782,463


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


Explanation:
Will be used to offset budgetary expenditures


Explanation:
PSERS increases, school resource officer, Curriculum and technology


Explanation:
Future increases in health care, pension costs, and budget shortfall


Explanation:
Amount in reserve for future unexpected events


Explanation:
Assigned for future health care and retirement contribution increases


Explanation:
Per policy, District will maintain an unassigned fund balance of a minimum of 5% of annual expenditures up to a maximum allowed by code (currently 9.5%)


Explanation:
To reserve funds for unexpected expenditures


Explanation:
This amount is held for operating cash flow purposes.


Explanation:
Estimated for Resource Adoption, PSERS Rate increases and Health care Increases


Explanation:
Reserved for unexpected deviations in budget


Explanation:
Committed for future employer PSERS payments


Explanation:
Assigned fund balance is for end of year prepaid expenses and inventories.


Explanation:
The unassighned fund balance provides the District with working capital to meet obligations when revenue sources are delayed and also supports sound accounting practices.


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


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


Explanation:
The estimated ending unassigned Fund Balance is 7.8% of budget 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 fir unforeseen expenditures that may occur during the year.


Explanation:
Used to help offset any retirement and accumulated expenses


Explanation:
Used to help offset any budget deficits in retirement or other expenses.


Explanation:
Used for any unexpected expenses throughout the school year


Explanation:
Funds are invested to provide interest revenue for District


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


Explanation:
The district concurs with PDE that it is a sound fiscal practice to provide for operating contingencies through a budgetary reserve.  There are certain budget variables over which control is impossible regardless of the care with which the budget is prepared.


Explanation:
The district anticipates Plan Con reimbursement to start during the 2015-2016 school which will negate the negative fund balance.  The budgetary reserve is budgeted to start rebuilding the fund balance.


Explanation:
For any unanticipated or emergency expenditures


Explanation:
Committed to roof replacements/HVAC project, Special Education Costs and Retirement Costs


Explanation:
Unassigned Fund Balance for expenditures not anticipated


Explanation:
The amount for the Assigned Fund Balance is being kept in reserve to offset the cost of future campital improvement project.


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 balance 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 Operating Committee.


Explanation:
Budgetary Reserve is a line item in the budget which is for unforseen circumstances.  The CTC is not permitted to maintan a Fund Balance.  Therefore, all unexpected funds must be refunded to the 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:
Funds Assigned for Adult Ed. and LPN programs


Explanation:
Funds for PSERS rate increases in future years; Funds to start a new vocational program


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


Explanation:
Funds for anticipated needs and potential salary increases as a result of contract negotiations


Explanation:
Articles of Agreement permit 2% of current district funded budget- 29,327 of this fund balance will be transferred to the committed fund balance and this unassigned fund balance will be $115,020.


Explanation:
Emergency funds for purchasing equipment in case of breakdowns only.


Explanation:
Budgetary Reserve for Unanticipated Expenditures


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 expenditures and retirement payouts.


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


Explanation:
Operating reserve needed for summer cash flow.


Explanation:
LCCTC is unable to carry a General Fund Balance. Therefore, our Districts allow a $75,000 Budgetary Reserve for emergency situations.


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:
PSERS Fund Balance Reserve - $1,400,000 & Health Care Fund Balance Reserve - $200,000


Explanation:
Committed t future PSERS obligations and computer replacements


Explanation:
Remaining fund balance to cover all other unexpected, but necessary operating expenses


Explanation:
AMOUNT TO BE USED TO TRANSFER AMONG AMOUNTS 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:
Amount held in abeyance for unanticipated expenses


Explanation:
Committed fund balance for future PSERS expense.


Explanation:
A modest increase to unassigned fund balance is anticipated.


Explanation:
A CTC has limited fund balance and therefore with the agreement of our sponsoring districts, a budgetary reserve has been established.


Explanation:
In 2015-16, $70000 used to mitigate employer contribution rate of PSERS.


Explanation:
Fund balance from operation of Production Control and Adult Education funds for 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, benefits, insurance cost, repairs and or maintenance and other unknown cost adjustments.


Explanation:
Future medical and retirement rate increases


Explanation:
Future Continuing Education and Practical Nursing Program


Explanation:
Retained by the school to have cash as needed for delays in state or local funding.


Explanation:
Prudent safeguard against unforeseen expenses during the year.


Explanation:
Figure represents estimated unassigned fund balance.  The sending districts expect to utilize some of this for an upcoming roof project (during 16/17) for the school.


Explanation:
The budget provides for unforseen expenditures


Explanation:
Reserved for instructor salary/benefit if needed


Explanation:
$1,300,000 is committed to capitol improvement; $1,800,000 is assigned to six months operating expenses


Explanation:
Funds available to meet potential revenue shortfall


Explanation:
The school expects to finish FY2016 with an unassigned fund balance equal to approximately 4% of expenditures.


Explanation:
The school budgets a reserve equal to 1% of revenues based on historical variances from budgeted change in fund balance and in-year financial goals.


Explanation:
Reserved for retirements costs, debt service, and capital projects.


Explanation:
It is prudent that a fund balance be established for unforseen events.


Explanation:
The charter school expects to finish FY2016 with a modest unassigned fund balance equal to 4% of budgeted expenditures.


Explanation:
The charter school has budgeted a reserve equal to 1% of budgeted revenues to allow for contingencies.


Explanation:
The school expects to finish FY2016 with an unassigned fund balance equal to approximately 7.5% of expenditures.


Explanation:
This amount represents the assigned fund balance.


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


Explanation:
To be used to offset unanticipated expenses.  South Fayette is a rapidly growing district and monies are budgeted in reserve in the event we experience unanticpated expenses for special education or need additional staffing due to growth.


Explanation:
capital projects, psers, textbooks, technology, etc


Explanation:
Set aside retiree health care and additional health care increases, retirement rate stabilization and future debt service


Explanation:
Retirement rate stabilization, future health care and debt service


Explanation:
To cover unexpected special educaion costs


Explanation:
Amount of Revenue less Expenditures on hand to cover cash needed for future capital purchases.


Explanation:
For employee benefits and fiscal stabilization


Explanation:
To reduce future debt service payments and for capital projects


Explanation:
nds mainthe PDE budget has not been passed and district is not certain of future fundings in this year and future years


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


Explanation:
Assigned for future retirement contributions


Explanation:
Assigned for Bldg/Renovation; Retirement; Health Insurance


Explanation:
Committed fund balance for Capital Projects and the Disrict's Self Funded Health Benefits Program


Explanation:
Assigned fund balance for PSERS rate increases


Explanation:
The amount allowable to be held as unassigned.


Explanation:
This amount has been set aside to help offset the large increases tat are expected I 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 of our size.


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


Explanation:
Planning to utilize $1,357,507 out of our total fund balance of $1,708,342 leaving us a fund balance of $350,835


Explanation:
Extra $4,000 to be used for unforeseen circumstances.


Explanation:
Reserved for Capital Improvements, Programmatic Improvements and Unforeseen Contingencies.


Explanation:
This represents the beginning fund balance on 7/1/2015 plus the estimated surplus on 6/30/15.


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


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


Explanation:
Excess revenue over expenses for future construction costs to support the increase in the future number of student enrollment.


Explanation:
total expenditures exceeded total revenues, projected a shortfall in balancing the budget with challenges in enrollment


Explanation:
Reserve for re-establishing Fund Balance and unanticipated Expenses


Explanation:
Money committed per Board action to the Technology fund within the General Fund


Explanation:
Difference between 14/15 unassigned balance and the committed funds for Technology and budget surplus


Explanation:
To be used for Transportation & Retirement


Explanation:
This amount is need tof the 2016-2017 due to the uncertainty of revenues and expenditures


Explanation:
This amount is needed to cover expenditures not anticipated


Explanation:
$400,000 for future increases to PSERS rate; $2 million for two debt balloon payments


Explanation:
Future increases to medical costs; future OPEB obligations; future capital projects, future technology purchases.


Explanation:
Committed for future employee benefits i.e. Health Care, PSERS.


Explanation:
Unassigned fund balance held to assist with future increases in employee salaries and projected future budgetary deficits.


Explanation:
Reserve budgeted to fund unanticipated repair/replacement i.e. HVAC or other unanticipated needs.


Explanation:
Fund balance kept for financial security of the district


Explanation:
Cover unexpected expenditures through the year


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


Explanation:
Represents inventory balance at year end


Explanation:
The District has committed a portion of fund balance to help mitigate future costs of retiree health benefits 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 preclude/curtail future tax increases when possible.


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


Explanation:
Committed for the possible construction of a STEM Academy for students from our 7 sending school districts.


Explanation:
$300,000 Assigned for possible major building repairs + $400,000 Assigned as aresult of Adult Education operations.


Explanation:
Fund Balance maintained per Articles of Agreement for future year(s) needs.  Derived primarily from Adult Education revenues.


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


Explanation:
Excess funds established for capital program


Explanation:
Estimated amount per the audit for 2013-14 EOY


Explanation:
We are currently in negotiations and this small amount of funding will allow us to purchase insurance and pay PSERS, if needed


Explanation:
Capital Expenditures, Health Insurance Contingency & PSERS


Explanation:
Future Fund Balance Appropiriations to offset tax increases


Explanation:
Used for contracted salary increases and benefit increases such as health insurance and PSERS.


Explanation:
Will be used for unbudgeted items that arise during the school year.


Explanation:
This commitment is for the purpose of mitigating and financially planning for the imminent increases in the PSERS employer rate and future medical insurance increases.


Explanation:
The District has experienced significant annual increases in medical insurance, other post employment benefits and 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 its 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 milage increases.


Explanation:
The District believes its 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 District believes its 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:
PSERS/Budget Shortfall $565,000; Bus Leases $395,500; Debt Service - HVAC & Site Projects $293,585; Technology Equip & Phone system $579,421.


Explanation:
Used to offset future budget deficits and/or Capital improvements.


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


Explanation:
The Board of Directors have designated this money for future building maintenance, PSERS payments, and textbook purchases.


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


Explanation:
amount that is not reserved or legally segregted for a specific purpose


Explanation:
Future manadatory benefits for PSERS increases, healthcare increases, and OPEB liability


Explanation:
Designated for anticipated expenditures including: Self-Insurance $300,000 and PSERS Rate Stabilization $700,000.


Explanation:
Designated for Carbon County Portnoff Contingency


Explanation:
Projected unassigned fund balance within the 11% requirement ($13,402,518 X 11% = $1,474,277).


Explanation:
Budgetary Reserve for unanticipated expenses.


Explanation:
For capital projects and anticipated increases in benefits.


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


Explanation:
Fund Balance used to support current operations.


Explanation:
Money to be used for unanticipated expenditures.


Explanation:
The District restricts these funds to be used to offset to PSERS, Insurance and Special Ed 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:
!,000,000 For PSERS, 300,000 for HS Flooring


Explanation:
4,500,000 for PSERS, 4,175,000 for future capital projects


Explanation:
Held for unexpected events not covered in gf budget


Explanation:
Rate Stabilization Fund for PSERS Retirement Contributions


Explanation:
To provide for the delay of 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.


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


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


Explanation:
Assigned for Capital Projects and retirement expenses


Explanation:
Fund Balance that is liquid for district use


Explanation:
Budgetary Reserve is to be used for unexpected expenditures and emergencies that may arise during the school year


Explanation:
This amount is committed as of 6/30/2015 for future PSERS payments for retirement.


Explanation:
For the 2015-16 school year the District will see an increase in retirement, transportation and special education costs.


Explanation:
Reserve for healthcare, pension expenses


Explanation:
All Fund Balance has been committed and remains committed as of a Board Motion from 02-14-2012.


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 the recommended levels.


Explanation:
fund balance after previous year assigned deducted


Explanation:
This portion of the Fund Balance is allocated for Capital Projects and PSERS.


Explanation:
This portion of the Fund Balance is allocated for building improvements.


Explanation:
This portion of the Fund Balance represents pre-paid expenditures and inventory.


Explanation:
This portion of the Fund Balance is allocated for unexpected charter school, special education and personnel expenditures.


Explanation:
Funds have been allocated to the Budgetary Reserve for unexpected personnel and special education expenditures.


Explanation:
Unassigned fund balance will be used to fund unexpected expenditures.


Explanation:
Funds will be used for reassessment appeals refunds, Affordablce Care Act penalities and general contingencies.


Explanation:
To be used for unexpected expenses and a future heating project


Explanation:
assigned estimate to offset future expenditures for psers and healthcare act penalities/fees


Explanation:
estimated ending unassigned fund balance


Explanation:
contingency for unforeseen expenditures; both bargaining units are in negotiations since July, 2013


Explanation:
Adult education, GED testing and auto instpection self sufficient programs


Explanation:
$50 unassigned fund balance each year per articles of agreement


Explanation:
This reserve is a budgeting tool, not anticipated to be used and not collected from sending school districts.


Explanation:
The district is working on building up a fund balance


Explanation:
The Gateway School District has adopted a Final General Fund Budget with a .4345 mill real estate tax increase and the usage of $0 of the District's Committed Fund Balance for the 2015-2016 fiscal year.


Explanation:
The Gateway School District has adopted a Final General Fund Budget with a .4345 mill real estate tax increase and the usage of $0 of the District's Nonspendable Fund Balance for the 2015-2016 fiscal year.


Explanation:
The Gateway School District has adopted a Final General Fund Budget with a .4345 mill real estate tax increase and the usage of $574,000 of the Unassigned Fund Balance for the 2015-2016 fiscal year.


Explanation:
Monies reserved for unexpected, unanticipated expenditures


Explanation:
Used for retirement incentive payouts at year end


Explanation:
Used for maintenance projects to be completed


Explanation:
Resources not assigned to a specific purpose


Explanation:
Contingency funds for unbudget expenditures


Explanation:
Normal on going expenses prior to tax revenues being received


Explanation:
PSERS commitment and finanacial software


Explanation:
Non Routine Maintenane Items to be purchased


Explanation:
This is the estimated preliminary excess.


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


Explanation:
unassigned fund balance .9% of budgeted revenue


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:
Approved under Fund Balance Policy No. 620. student laptop maintenance fees and Policy No. 707 Use of School Facilities.


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


Explanation:
PSERS Reserve-Amount reserved for future retirement expenditures


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


Explanation:
Reserved for compensatory ed per due process


Explanation:
For use of unexpected expenses for repairs, etc. or for day to day operations if subsidies are halted


Explanation:
Estimated Commitment for Future PSERS Obligations = $3,900,000   & Estmated Commitment for Self-Funding of Healthcare = $1,250,000


Explanation:
Budgetary Reserve is for any unexpected cost (this is primarily for the Building & Grounds)


Explanation:
estimated amount over projected income before new tuition rates are reported


Explanation:
Committed to post employment benefits, lease, special ed contract, and future expansion.


Explanation:
To be used for potential shortfalls in revenue or additional expenditures related to special ed services.


Explanation:
To be used for unplanned expenses related to new facility.


Explanation:
Funds Available for Undesignated Purposes


Explanation:
Designated for Cash, Future PSERS Contribution & Capital Improvements


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


Explanation:
Reserved for Capital Improvements and Post Employment Beneftis


Explanation:
To maintain adequate cash flow and budget stabilization


Explanation:
Committed funds to Future Capital Replacements, Pension Contributions, Health Insurance Premiums.


Explanation:
This fund balance will be used for the operation of future budgets.


Explanation:
This is for unexpected expenditures that may occur during the school year.


Explanation:
The estimated Assigned Fund Balance is to be used to fund the construction of the new Jr-Sr High School.


Explanation:
The estimated Unassigned Fund Balance will be used offset increases educational costs of salaries, health care, and retirement contributions. In addition a large portion will be used to fund the construction of a new Jr-Sr High School in 2015-2016.


Explanation:
Designated for retirement $655,955.  Designated for capital $396,000.  Designated for post employment benefits $96,000.


Explanation:
Down by $40,500 due to increase insurance costs.


Explanation:
$4,000,000 assigned for healthcare; $5,000,000 assigned for construction, repairs and maintenance projects (deferred maintenance issues)


Explanation:
Funds to be used for future expenditures


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:
Contigency amount developed for any unbudgeted expenditures during the 2015/2016 fiscal year.


Explanation:
Fund Balance committed to fund future PSERS increases ($3,925,000).  Fund Balance committed to fund future medical insurance increases ($3,000,000).


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


Explanation:
Balanced remaining budget with fund balance


Explanation:
District maintains as a matter of policy a 7.00% unassigned fund balance.


Explanation:
The Distict maintains this reserve for unanticipated expenditures that may occur during the year.


Explanation:
Will be used to pay unforeseen items.  In addition, the District is using a portion of fund balance each year until PlanCon is approved.


Explanation:
Estimated fund balance fom 2014-15 less any possible budget variances.


Explanation:
This balance represents the unassigned balance at the end of FY 2016


Explanation:
Excess of accumulated revenues over expenditures


Explanation:
The Committed Fund Balance is reserved to soften the projected spikes in the emplyer share of the PSERS contributions


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


Explanation:
The Unassigned Fund Balance is utilized in three ways.  One, is to even out the state subsidy payments cycle.  Two, is to hold a reserve to meet emergency needs that may arise.  The final benefit is residual investment income that is gained.


Explanation:
The Budgetary Reserve or Contingency Fund is needed for unforeseen non-capital expenditures that may arise during the fiscal year.


Explanation:
Assigned for budget deficit, scholarships and athletic fund


Explanation:
Board Policy is to have between 5% and 8% unassigned fund balance


Explanation:
Budgeted for unexpected costs during the school year


Explanation:
Funds set aside for future increases in hospitalization, retirement and capital projects.  Any transactions in this account require board action.


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


Explanation:
Contingency for retirement and unknown expenditures


Explanation:
ESTIMATED ENDING UNASSIGNED FUND BALANCE


Explanation:
BUDGETARY RESERVE FOR ANY UNFORSEEN COSTS AND/OR GRANTS THAT MAY COME AVAILABLE THROUGHOUT THE YEAR.


Explanation:
Of $3,254,423 committed funds, $417,899.25 will be used for both PSERS charges and new computers.


Explanation:
For any unforseen expenses that may occur during the year, or to help with any matching grants that come available.


Explanation:
Deficit from previous years revenue/expenses


Explanation:
Estimated Ending unassigned fund balance


Explanation:
Estimated ending unassigned fund balance


Explanation:
Extraordinary Special Ed, Capital Improvements, PSERS, Healthcare increases


Explanation:
Retirement, Health Insurance Stabilization, and Technolgoy Equipment Stabilization.


Explanation:
Long Range Budget planning for uncertainty in local, state and Federal Revenues.  Future budget projections require use of these funds annually.  Some of this money will be used for capital projects.


Explanation:
To cover any unbudgeted expenditures necessary for the school district.


Explanation:
Funds are to be used to support the cost of education and building support


Explanation:
IT IS PRUDENT TO ESTABLISH A FUND BALANCE FOR UNFORSEEN EVENTS


Explanation:
Restricted for science and math curriculum.


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


Explanation:
To cover anticipated expenditures not covered by state, federal or local funds throughout the year.


Explanation:
assigned for future years budget deficits


Explanation:
unassigned fund balance for general purposes


Explanation:
Committed for future PSERS and Healthcare increases and future construction projects


Explanation:
The assigned fund balance will continue to be utilized for the significant increases related to PSERS


Explanation:
This is our estimated ending unassigned fund balance


Explanation:
RESERVED FOR DEBT SERVICE AND CAPITAL IMPROVEMENTS


Explanation:
To be used for future pension obligations


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


Explanation:
Transferred and committed for the renovation of Middle School, H.S. Demolition and New Storage Building


Explanation:
Reserve for PSERS - Post employment benefits - contactual benefits


Explanation:
Uncertain Funding, Increase Retirement and Health Care Cost


Explanation:
Committed for Employee Pension Rate Increases


Explanation:
Trustees have not designed or assigned any portion of fund balance; trying to maintain a small reserve due to uncertainties and fluctuations in funding sources.


Explanation:
Future health and retirement benefit costs


Explanation:
Unassigned Fund Balance will be used to offset unexpected expenses


Explanation:
Unassigned Fundbalance will be used to fund future school improvement and to provide a buffer for unexpected future cost increases


Explanation:
Reserved for expenditures beyond the Charter School's control, like special education.


Explanation:
Committed for compensated absenses, debt service, health insurance, and capital projects


Explanation:
Reserve for operating capital and unanticipated expenses


Explanation:
This will be for an upcoming construction project


Explanation:
this will be used for any unforeseen and therefore unbudgeted expenditures as they arise during the fiscal year


Explanation:
Contingency amount for unbudget expenditures


Explanation:
committed for capital needs, PSERS, etc.


Explanation:
staff development, phone system, curriculum, security enhancements


Explanation:
will be depleted as the District's PSERS expenses increase (at a pace greater than the allowed Act 1 tax increase).


Explanation:
Committed for Textbooks - $450,000; Committed for Healthcare and Retirement - $3,270,904


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


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


Explanation:
Assigned for Adult Education, contingent liabilities and 10 year ongoing maintenance projects.


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


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:
$147,277 General Fund, $100,000 Development Fund


Explanation:
$477,907 General Fund, $2,296 Development Fund


Explanation:
PSERS, capital projects, health insurance, special education, 2014-15 budget shortfall


Explanation:
Reserves establish for programatic changes


Explanation:
operating contingencies and/or emergencies; cash flow management


Explanation:
Committed to future PSERS obligations and capital improvements.


Explanation:
Assigned for new investment in capital assets


Explanation:
End of school year attendance bonuses, restricted grants, and payment of year-end liabilities


Explanation:
Assigned per Board Resolution to fund future incremental lease payments and to fund one-half of the school's portion of future retirement contributions.


Explanation:
Carryover to fund anticipated leasehold improvements, salary increases, and increased costs due to inflation


Explanation:
Explanation: This is the reserve for emergencies such as sabbaticals, etc.


# tblConSchoolData

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:
The Philadelphia CS for Arts and Sciences at HR Ed


LEAName:
The Environmental Charter School at Frick Park


LEAName:
Connellsville Area Career & Technical Center


LEAName:
Seneca Highlands Career and Technical Center


LEAName:
Mifflin County Academy of Science and Technology


LEAName:
Chester County Technical College High School


LEAName:
Central PA Institute of Science & Technology


LEAName:
Fayette County Career & Technical Institute


LEAName:
Mastery CS-Francis D. Pastorius Elementary


LEAName:
Philadelphia Electrical & Technology CHS


LEAName:
Penn Hills Charter School for Entrepreneurship


# 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:
Mifflin County Academy of Science and Technology


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:
Mastery CS-Francis D. Pastorius Elementary


LEAName:
The Environmental Charter School at Frick Park


