The Huron Expositor, 1995-05-17, Page 31Board of Education
FINANCIAL STATEMENT as of December 31, 1994
1994 Expenditures
Student Accommodation 9.34%
Student
Transportation 6.73%
Capital Expenditure 2.49%
Administration 2.52%
Other 2.96%
1994 Expenditures
Student Instruction
Student Accommodation
Student Transportation
Capital Expenditures
Administration
Other
Total
46,595,064
5,731,764
4,129,047
1,526,062
1,546,443
1,813,411
61,341,791
1994 Revenue
Other 8.I4`,"r-
Student
Instruction
75.96%
Local Taxation
Provincial r �; , 40.59%
Grants 5I.27%
1994 Revenue
Local Taxation
Provincial Grants
Other
Total
24,897,669
31,448,156
4,995,966
61,341,791
Paul Carroll
Director of Education
and Secretary -Treasurer
•
BALANCE SHEET
AS AT December 31
ASSETS
Wrestle fund 1994
Cash 267,836
Accounts receivable
Government of Ontario
Other school boards
Sundry
Due from capital fund
Prepaid expenses
Capital fund
Capital outlay to be recovered
in future years
„trve fund
nus ,,om revenue fund
Trust funds
General
Cash
Investments - at cost which
approximates market value
Teacher Funded Leave Plan: cash
3,381,298
308,008
567,164
4,524,306
357,770
4,882,076
1,308,859
7,797
433088
440885
598,176
1,039,061
1993
402,583
3,519,424
273,366
205,797
72,522
4,473,692
148,625
622,317
72,522
1,250,208
12,568
421,263
433,831
584,672
1,018,503
LIABILITIES AND EQUITY
1994
Revenue fund
Accounts payable
Trade accounts payable and
accrued k, hart' :s
Other schpoi 4 yards
Operating loan
Due to reserve fund
Reserve for working funds
Capital fund
Due to revenue fund
Reserve fund
Equity in reserve fund
Trust funds
General
Equity in trust funds
Teacher Funded Leave Plan:
Teachers' contributions payable
1,738,147
132,330
955,000
2,825,477
1,308,859
74 7.7.740
882 076
1,308,859
440.885
440,885
598,176
1.039 061
1993
2,070,975
236,134
65.000
2,372,109
1,250,208
1 000 000
622 317
72,522
72 522
1,250,208
433,831
433,831
584,672
1 018503
J
/The Huron County Board of Education
REVENUE FUND STATEMENT OF OPERATIONS
Year Ended December 31
Expenditure
Business administration
General administration
Computer services
Instruction
Plant operation and maintenance
Transportation
Tuition fees
Capital expenditure (non -allocable)
Other operating expenditure
Non-operating expenditures,
excluding transfers to reserves
Total expenditure
Recovery of expenditures
Other school boards
individuals
Other revenue, excluding
transfers from reserves
Total recovery of expenditures
Net expenditures
Financed by:
Transfer from (to) reserve funds
Transfer from (to) revenue fund reserve
for working funds
Government of Ontario -
general legislative grant
Local taxation - raised in current year
Previous year's (under) over requisition
Over (under) requisition of taxes for year
1994
Elementary Secondary Elementary Secondary
Schools Schools Total School§ , Schools Total
363,571 379,931 743,502 366,208 382,682 748,890
392,639 410,302 802,941 402,675 420,792 823,467
46,495 48,586 95,081 31,031 32,426 63,457
25,682,263 20,912,801 46,595,064 26,576,795 20,734,761 47,311,556
2,750,298 2,981,466 5,731,764 2,426,506 2,638,894 5,065,400
2,376,602 1,752,445 4,129,047 2,421,969 1,782,364 4,204,333
60,723 1,319,093 1,379,816 44,377 1,335,864 1,380,241
1,349,260 176,802 1,526,062 735,384 2,748,174 3,483,558
74,393 121,468 195,861, 59,030 87,909 146,939
7531 67.332 142,653 81,323 66,602 147,925
33,171,575 28,170216 61,341,791 33,1 5298 30,230,468 63,375'766
57,148 4,649,039 .4,706,187 .94,015 4,775,482 4,869,497
2,986 ' ' 81,822 84,808 3,160 146,670 149,830
132,479 72,492 ' _ 204,971 15,983 8 99,979
19613 4,803,353 4.995.966 11 r3996 158 5.119.306
32,978,962 23,366,863 '6.345.825 33,032,140 25,224320 58,256,460
43,033 (101,684) (58,651) (133,075) (340,000) (473,075)
STATEMENT 2
1993
252,260 - 252,260 -
19,402,544 12,045,612 31,448,156 20,269,086
12,866,897 11,798,418 24,665,315 12,674,730
414,228 (375,483) 38,745 . 558,373
32,978,962 23 ,366,86.4 56.345.825 33,369,114
- - 336,974
4
arisXzi
14,287,718
10,380,141
559.487
24,887,346
(336,974)
34,556,804
23,054,871
1,117,860
58256466
4