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Treasurer’s Report June, 2011

Treasurer’s Report June, 2011. Board of Education Meeting Park Hill School District July 28, 2011. TREASURER’S REPORT June, 2011. June Treasurer’s Report Represents wrap-up of fiscal year 2010-2011 (FY2011) Budget and Year-To-Date Values Will Reset in July For Fiscal Year 2012

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Treasurer’s Report June, 2011

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  1. Treasurer’s ReportJune, 2011 Board of Education Meeting Park Hill School District July 28, 2011

  2. TREASURER’S REPORTJune, 2011 • June Treasurer’s Report • Represents wrap-up of fiscal year 2010-2011 (FY2011) • Budget and Year-To-Date Values Will Reset in July For Fiscal Year 2012 • All financial information is submitted by fund, object and function to the state via the Annual Secretary of the Board Report (ASBR). • Annual audit will be performed on financials • Local Policy • State Regulation & Guidelines • Federal Guidelines

  3. PAGE 1 + 2 TREASURER’S REPORTJune, 2011 Revenue June Operating Revenue = 5,684,396

  4. PAGE 1 + 2 TREASURER’S REPORTJune, 2011 Revenue Summary • Operating revenue impacted by $1.3 in unbudgeted Federal Jobs Bill revenue • Bond revenue from sale of bonds in June, 2011 • Debt Service revenue impacted by $4.5 million bond refund

  5. PAGE 3 TREASURER’S REPORTJune, 2011 • June Expenditure Total $12,472,381 • Operating Expenditures = $12,377,072

  6. PAGE 3 TREASURER’S REPORTJune, 2011 Expenditure Summary

  7. PAGE 3 TREASURER’S REPORTJune, 2011 Expenditure Summary

  8. PAGE 4 TREASURER’S REPORTJune, 2011 FY2011 Invested Money • Money invested strategically to meet monthly cash flow demands • Yield rates of 0.06% to 0.50%

  9. TREASURER’S REPORTOperating Cash Flow PAGE 5 Operating Receipts: $5,684,396 Operating Expenditures: ($12,377,072) ($6,692,676)

  10. PAGE 3 TREASURER’S REPORTJune, 2011 Balance Summaries

  11. Treasurer’s ReportJune, 2011 Board of Education Meeting Park Hill School District July 28, 2011

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