North Baltimore Local Schools FINANCIAL HIGHLIGHTS - NOVEMBER 2012 - from District Treasurer Eve Baldwin

At the Board of Education meeting, Dec.18, the board also approved (5 - 0) to renew an existing 8.0 mill current expense tax levy on the May, 2013 ballot.

The $600,000 is crucial for the continued quality programs being offered in NB School, according to District Treasurer, Eve Baldwin, as she emphasized that this levy has been in place for over 20 years, and is not a new tax!

FINANCIAL HIGHLIGHTS

NOVEMBER 2012

I. FINANCIAL POSITION REPORT

001-9411…Medicaid Reimbursement

- The MTD revenue of $7,828 is a payment for the Medicaid School Program.

002-0000…Bond Retirement

- The MTD revenue of $24,232 and MTD expenses of $136,508 is our personal tangible property tax reimbursement from the State. Another like payment will come in May. The expenditure was our annual bond payment.

003-0000… Permanent Improvement Fund

- The MTD revenue of $7,410 and MTD expenditures of $7,451 is our personal tangible property tax reimbursement from the state. Another like payment will come in May. The expenditures were for construction services at the sports building.

003-9098…PI Auction Proceeds

- The MTD expenditures of $7,017 are various construction activities for the new athletic building.

006-0000…Lunchroom Fund

- The MTD revenue of $29,775 was our funds collected for student lunches. The encumbrances of $19,634 are for December supplies. Federal reimbursements have began but the State’s has not. Our current balance is $26,379 and last year at this time we were at $10,939.

018-9118…Powell Principal Account

- The MTD revenue of $1,178 and MTD expenditure of $4,120 was picture commission from interstate studio and Cherrydale Farms (mixture of items) fundraiser payment.

018-9138…Outdoor Education

- The MTD expenditure of $5,565 represents the camp payment.

018-9238… M.S. Trip Fund

- The MTD revenues of <$19> NSF check unable to be collected from the pizza fundraiser.

018-9318…H.S. Principal Account

- The MTD revenue of $1,260 and MTD expenditures of $418 ornament fundraiser sales and various HS quiz bowl activities.

018-9418…District Support Fund

- The MTD expenditure of $156 represents items for the Sports Building open house.

019-9993…Uniform School Supply Fund

- The MTD revenue of $1,091 represents student fee payments. Our current balance is <$5,042> and last year at this time our balance was <$7,565>. We will be collecting payments all year.

200-9012…Tiger Annual 2011-2012

- The MTD revenue of $535 is book/ad sales.

200-9013…Tiger Annual 2012-2013

- The MTD revenue of $267 is book/ad sales.

200-9614…Class of 2014

- The MTD revenue of $925 and the MTD expenditure of $1,017 were winter concession activities and the Elder-Beerman fundraiser.

200-9615…Class of 2015

- The MTD expenditures of $50 represent the pizza luncheon for those students that participated at the Veteran’s luncheon.

200-9711…Middle School Student Council

- The MTD revenues of $173 represents the Fall JH dance.

300-9490…Musicals

- The MTD revenue of $1,845 and MTD expenditures of $2,126 represents the Fall Dinner Theatre activities. Emily is finishing up invoices & paperwork and then she will turn in the report.

300-9500…Athletics

- The MTD revenue of $1,070 and MTD expenditures of $4,987 represent winter sports activities. The current balance is $18,350 compared to last year at $17,770. Close.

506-9013… Race to the Top Grant FY13

- The MTD revenue of $832 was our November’s allotment. Funds have been ordered.

516-9013…Idea Part B FY13

- The MTD revenue of $40,224 was our first allotment. Funds have been ordered.

572-9113…Title I FY13

- The MTD revenue of $19,817 was November’s allotment. Funds have been ordered.

590-9113…Title IIA FY13

- The MTD revenue of $5,639 was November’s allotment. Funds have been ordered.