Acton-Boxborough Regional School District Fiduciary Funds Statement of Changes in Fiduciary Net Position Year Ended June 30, 2024
Fiduciary funds – statement of changes in fiduciary net position
Other Postemployment
Private Purpose
Benefit
Trust Fund
Trust Funds
ADDITIONS: Contributions: Employer contributions……………………………………………………$ Employer contributions for other postemployment benefit payments…… Private donations……………………………………………………………
225,000 $
- -
2,232,172
-
21,146
Total contributions………………………………………………………
2,457,172
21,146
Net investment income………………………………………………………
884,779
(5,179)
TOTAL ADDITIONS……………………………………………………
3,341,951
15,967
DEDUCTIONS: Other postemployment benefit payments………………………………… Educational scholarships……………………………………………………
4,285,413
-
-
22,500
TOTAL DEDUCTIONS…………………………………………………
4,285,413
22,500
NET INCREASE (DECREASE) IN NET POSITION…………………
(943,462)
(6,533)
9,776,412
289,462
NET POSITION AT BEGINNING OF YEAR………………………………
NET POSITION AT END OF YEAR…………………………………………$
8,832,950$
282,929
See notes to basic financial statements. 24
295
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