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FY 2011 Comprehensive Annual Financial Report Presentation December 13, 2011

FY 2011 Comprehensive Annual Financial Report Presentation December 13, 2011. Tonight’s Presentation. Financial Highlights Long Term Debt General Fund Performance Other Fund Performance Enterprise Funds Audit Results Significant Deficiencies Advisory Comments

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FY 2011 Comprehensive Annual Financial Report Presentation December 13, 2011

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  1. FY 2011 Comprehensive Annual Financial Report PresentationDecember 13, 2011

  2. Tonight’s Presentation • Financial Highlights • Long Term Debt • General Fund Performance • Other Fund Performance • Enterprise Funds • Audit Results • Significant Deficiencies • Advisory Comments • Management’s Response to Audit

  3. Long Term Debt (Pgs 54 – 61) • General Obligation (GO) Redemption Bonds - $543.2 M Outstanding plus $264.2 M in Interest • $86,405,000 Refunding Bonds • Issued September 2010 • Resulted in $3.2M savings to District taxpayers • Future Refunding Opportunities • Certificates of Participation (COP) - $27.5 M Outstanding plus $11.3 M in Interest • $13,920,000 COP Debt (2009)– SkyView Charter School • $14,125,000 COP Debt (2006) – Lone Tree Magnet Elem • $ 5,075,000 COP Debt (2003) – D.C. Oakes Renovation

  4. Combined General Fund(2006 – 2011)

  5. Combined General Fund Balance (GASB 54 Compliance)

  6. Combined General FundExpenditures by Object(pg 77)

  7. General Fund Revenue Trend

  8. Mill Levy $ Per Student

  9. Other Fund Results • Transportation Fund (pg 83) - $540,000 • Capital Projects Funds (pgs 88-91) • Capital Projects - $12.3 M • Bond Building - $14.6 M • Capital Reserve Fund – Phasing Out • Bond Redemption Fund (pgs 86-87) - $59.3 M • Medical Risk Fund (pgs 96-97) - $6.4 M • (Internal Service Fund)

  10. EnterpriseFunds

  11. Nutrition Services(Pgs 92-93) FY 2011 FY 2010

  12. B.A.S.E.Before & After School Enterprise(pgs 94-95) FY 2011 FY 2010

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