Acton-Boxborough Regional School District General Fund Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual Year Ended June 30, 2024
Schedule of revenues, expenditures and changes in fund balance – general fund – budget and actual Amounts Current Year Actual Budgeted Amounts
Amounts
Variance to Final Budget
Carried Forward From Prior Year
Initial Budget
Original Budget
Final
Budgetary Carried Forward
Budget
Amounts
To Next Year
REVENUES: Member town assessments…………………………………$ Intergovernmental………………………………………… Investment income………………………………………… Miscellaneous revenue……………………………………
- $ 85,614,057 $ 85,614,057$ 85,614,057 $ 85,614,057$
- $
-
- - -
18,433,529
18,433,529
18,760,356
18,796,698
- - -
36,342 434,013
300,000 25,000
300,000 25,000
300,000 25,000
734,013 23,386
(1,614)
TOTAL REVENUES……………………………
-
104,372,586
104,372,586
104,699,413
105,168,154
-
468,741
EXPENDITURES: Current: District administration…………………………………… 60,164
3,505,361 5,935,757 49,091,691 146,027 1,833,487 4,398,127 6,080,772 4,150,245 2,705,775 4,130,256 16,903,182
3,565,525 5,943,916 49,104,639 146,111 1,848,831 4,504,943 6,280,848 4,150,639 2,725,750 4,169,920 16,903,182
3,562,881 6,034,616 49,423,066 138,695 1,804,891 4,509,245 6,297,729 4,150,639 2,712,775 4,169,921 16,900,382
3,446,770 6,347,536 48,911,462 1,391,053 4,928,461 6,101,581 3,990,136 82,608 3,031,921 3,265,263 17,335,448
72,250 3,767 1,685 49,209 24,388 469,953 662
43,861
8,159 12,948
(316,687) 509,919 55,425 364,629 (443,604) (273,805) 157,130 (319,255) 827,235 (460,066) (24,142) 384,726
Instructional leadership………………………………… Classroom and specialist teachers……………………… Professional development……………………………… Pupil transportation services…………………………… Operations and maintenance…………………………… Guidance, counciling and testing……………………… Other school services…………………………………… Programs with other school districts (tuitions)………… Employee benefits……………………………………… Insurance………………………………………………… Capital outlay…………………………………………… Debt service: Debt service principal…………………………………… Interest…………………………………………………
84
Instructional materials, equipment and technology……… 15,344
106,816 200,076 19,975 39,664 394
3,373
109
77,423 25,000
- -
323,750 599,600
323,750 898,123
323,750 901,786
347,892 468,814
-
298,523
48,246
- -
3,720,000 2,373,556
3,720,000 2,373,556
3,720,000 2,373,556
3,720,000 2,373,556
- -
- -
TOTAL EXPENDITURES………………………
762,147
105,897,586
106,659,733
107,023,932
105,742,501
776,065
505,366
EXCESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES……………………… OTHER FINANCING SOURCES (USES): Transfers in…………………………………………………
(762,147)
(1,525,000)
(2,287,147)
(2,324,519)
(574,347)
(776,065)
974,107
-
150,000
150,000
150,000
150,000
-
-
NET CHANGE IN FUND BALANCE………………………
(762,147)
(1,375,000)
(2,137,147)
(2,174,519)
(424,347)
(776,065)
974,107
-
5,022,130
5,022,130
5,022,130
5,022,130
-
-
FUND BALANCES AT BEGINNING OF YEAR……………
FUND BALANCES AT END OF YEAR…………………… $ (762,147) $
3,647,130$
2,884,983$
2,847,611$
4,597,783$
(776,065) $
974,107
See notes to required supplementary information. 62
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