Financial Accounting for Local and State School Systems: 2009 Edition
NCES 2009-325
June 2009


Exhibit D-6.  Sample Independent School District Statement of Revenues, Expenditures, and Changes in Fund Balances—Governmental Funds: For the Year Ended June 30, 20X2
 
  General Fund   Debt Service Fund   Other Funds    Total  Governmental  Funds
REVENUES              
Property taxes $153,862,367   $16,589,425   $—   $170,451,792
Tuition charges 1,110,720     4,225,941   5,336,661
Fees and charges 2,347,009       2,347,009
State aid 190,373,996     6,135,833   196,509,829
Federal aid 2,284,748     22,095,410   24,380,158
Earnings on investments 7,077,388   194,926   124,789   7,397,103
Miscellaneous 197,604     441,559   639,163
Total revenues 357,253,832   16,784,351   33,023,532     407,061,715
               
EXPENDITURES              
Current:              
Instruction and instruction-related services 206,958,475     25,236,202   232,194,677
Instructional and school leadership 31,485,279     1,825,705   &33,310,984
Support services—student 34,010,001     3,003,049   37,013,050
Administrative support services 9,290,149       9,290,149
Support services—non-student-based 55,615,563     1,308,415   56,923,978
Community services 1,691,107     1,040,189   2,731,296
Debt service              
Principal 1,143,185   12,171,263   212,498   13,526,946
Interest 395,733   3,723,442   292,170   4,411,345
Capital outlay 3,277,003     708,327   3,985,330
Total expenditures 343,866,495   15,894,705   33,626,555     393,387,755
Excess (deficiency) of revenues over expenditures 13,387,337   889,646   (603,023)   13,673,960
               
OTHER FINANCING SOURCES (USES) <              
Capital leases     692,245   692,245
               
SPECIAL ITEM              
Proceeds from sale of unimproved land 601,908       601,908
Net change in fund balances 13,989,245   889,646   89,222   14,968,113
Fund balances—July 1, 20X1 54,938,434   3,243,534   1,307,347   59,489,315
Fund balances—June 30, 20X2 < $68,927,679   $4,133,180   $1,396,569   $74,457,428