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EXHIBIT A.2Page 1 of 38
TO: Dr. Carrol A. Thomas, Jr.
Superintendent of Schools
FROM: Robert ZingelmannChief Business Officer
DATE: September 15, 2011
SUBJECT: Consider and, if Appropriate, Take Action to Approve the Business OfficeReports for August 31, 2011
Attached are the Business Office Reports for August 31, 2011These reports provide year to date financial information on the GeneralFund, Debt Service Fund, Capital Projects Funds, Internal ServiceFunds and Scholarship Funds. Also presented is the Investment Report
showing cost and market value of District investments together with
interest earned.
Administration recommends that the Business Office Reports be approved.
RZ/saAGENDA:September 15, 2011
Beaumont, Texas
BEAUMONT INDEPENDENT SCHOOL DISTRICT
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
TABLE OF CONTENTS Page 2 of 38
August 31, 2011
GENERAL FUND REPORTSBalance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Statement of Revenue, Expenditures and Changes in Fund Balance . . . . . . . . . . . . 4
Revenue Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Expenditure Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 - 8
DEBT SERVICE FUND REPORTS
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . . . . . . . 10Debt Service Schedules by Issuue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 - 14
CAPITAL PROJECTS FUNDS REPORTS
Capital Projects Fund - 628
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . 16Capital Projects Fund - 629Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . 18
Capital Projects Fund - 630
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . 20
Capital Projects Fund - 631Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . 22
Capital Projects Fund - 632
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . 24Capital Projects Fund - 633
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . 26
Capital Projects Fund - 650
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . 28
INTERNAL SERVICE FUNDS REPORTSHealth Insurance Fund - 771
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Statement of Revenue, Expenditures and Changes in Fund Equity. . . . . . . . . 30Workers' Compensation Fund - 772
Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
Statement of Revenue, Expenditures and Changes in Fund Equity. . . . . . . . . 32
SCHOLARSHIP FUNDS REPORTS
Statement of Revenue, Expenditures and Changes in Fund Balance. . . . . . . . . . . . . 33
INVESTMENT REPORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34-36
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
GENERAL FUND Page 3 of 38
August 31, 2011
Assets
Cash and Temporary Investments 11,568,797$
ReceivablesProperty Taxes (Net of Estimated 2,632,358
Uncollectible Taxes of $3,688,385) (3,687,885)
Due From Other Funds 7,235,237
Miscellaneous Receivables 376,255
Inventories 220,170
Prepaid Items 6,214,221
Total Assets 24,559,152$
Liabilities
Current Liabilities:
Accounts Payable 301,273$
Payroll Deduction and Withholding Payable (2,216,843)
Accrued Wages Payable 7,320,755
Due to Other Funds (16,734,729)
Due to State 164,418
Due to Student Groups -
Accrued Expenses 27,670
Deferred Revenues 1,745,442
Total Liabilities (9,392,014)
Fund Equity
Fund Balances:
Reserve for Investments in Inventory 220,170
Reserve for Prepaid Items 2,619,411
Reserve for Encumbrances 239,778
Unreserved:
Designated for Sick Leave Accrual 1,500,000
Other Designation 250,000
Undesignated 39,428,496
Excess of Revenues over Expenses (Current Year) (10,306,688)
Total Fund Equity 33,951,166
Total Liabilities & Fund Equity 24,559,152$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
GENERAL FUND Page 4 of 38
August 31, 2011
Activity
Budget To Date
REVENUE AND OTHER SOURCES
5700 Local Revenue 107,988,115$ 103,026,341$
5800 State Program Revenue 58,440,097 51,100,4095900 Federal Revenue 950,000 1,608,301
7900 Other Resources 1,261,000 17,045
Total Revenue 168,639,212 155,752,096
EXPENDITURES AND OTHER USES
11 Instruction 87,777,346 80,265,366
12 Instructional Resource & Media 2,359,952 2,200,208
13 Curr Devel/Instr Staff Devel 897,855 803,814
21 Instructional Leadership 2,865,934 2,015,237
23 School Leadership 11,590,541 9,213,961
31 Guidance, Counseling & Eval Svc 4,769,555 3,691,475
32 Social Work Services 812,649 482,91933 Health Services 2,190,953 1,690,247
34 Student (Pupil) Transportation 8,039,018 10,729,236
35 Food Services 42,770 65,383
36 Co-Curricular/Extracurricular Activities 4,474,098 4,057,807
41 General Administration 12,261,546 11,530,586
51 Plant Maintenance and Operation 24,919,662 22,805,176
52 Security and Monitoring Services 2,123,754 2,223,357
53 Data Processing Services 1,556,830 1,351,046
61 Community Services 118,030 79,555
71 Debt Service - -
81 Facilities Acquisition & Construction 948,619 569,568
93 Fiscal Agent/Member District 157,274 157,27495 Pmts to JJAEP 183,750 183,750
Total Expenditures 168,090,136 154,115,963
90 Total Other Uses 4,649,730 37,728
Total Expenditures and Other Uses 172,739,866 154,153,691
Excess of Revenues Over Expenditures (4,100,654) (10,169,569)
FUND BALANCE
Fund Balance - September 1 39,428,496 39,428,496
Reserve for Encumbrances Carried Forward - -Other Reserves (3,079,358) (3,079,358)Designated for Sick Leave (1,500,000) (1,500,000)Other Designation (200,000) (200,000)Property Insurance Deductible (50,000) (50,000)
Undesignated Fund Balance - August 31 30,498,483$ 24,429,568$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"GENERAL FUND Page 5 of 38August 31, 2011
Activity Percent ofBudget To Date Budget Used
5700 - LOCAL REVENUE
5711 Taxes, Current Year Levy 91,237,253$ 91,253,099$ 100.02%5712 Taxes, Prior Years 1,350,000 1,002,398 74.255719 Other Tax Related Revenue 925,000 940,467 101.67
5739 Tuition/Fees Patrons 270,000 115,874 42.925742 Interest - Temp Investments 500,000 44,032 8.815743 Rent - Building Use 20,000 15,630 78.155745 Insurance Recovery 8,096,313 7,801,383 96.365749 Miscellaneous 0 - -5749 Miscellaneous - Federal Trade Zone 5,264,549 1,508,899 28.665752 Athletic Activity 325,000 344,560 106.02
107,988,115 103,026,341 95.41
5800 - STATE PROGRAM REVENUE
5811 Per Capita Apportionment 1,539,978 4,213,386 273.605812 Foundation Entitlements 49,096,117 41,429,235 84.385819 Other Foundation School Programs 1,137,842 19,388
5831 TRS On-Behalf 6,666,160 5,438,400 81.5858,440,097 51,100,409 87.44
5900 - FEDERAL REVENUE5929 Federal Revenue Distribution by TEA 150,000 8,595 5.735931 SHARS School Health/Related 800,000 1,599,706 199.96
950,000 1,608,301 169.29
7900 - OTHER RESOURCES
7912 Sale of Real and Personal Property 1,000 17,045 1,704.537915 Operating Transfers In 1,260,000 - -
1,261,000 17,045 1,704.53
Total Revenue and Other Resources 168,639,212$ 155,752,096$ 92.36%
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2
GENERAL FUND Page 6 of 3
August 31, 2011
Percent of
Expenditures Outstanding Budget
Budget To Date Encumbrances Committed
11 - INSTRUCTION
6100 Payroll Costs 82,423,313$ 75,963,667$ -$ 92.16
6200 Services 1,470,802 1,339,073 77,828 96.346300 Supplies 3,032,022 2,465,591 249,207 89.54
6400 Other Expenditures 798,156 466,446 2,461 58.75
6600 Capital Outlay 53,053 30,590 22,462 -
87,777,346 80,265,366 351,958 91.84
12 - INSTRUCTIONAL RESOURCE & MEDIA
6100 Payroll Costs 2,097,878 1,964,470 - 93.64
6200 Services 48,199 41,415 1,643 89.34
6300 Supplies 87,720 74,486 5,047 90.67
6400 Other Expenditures 3,500 1,650 1,390 86.86
6600 Capital Outlay 122,655 118,187 1,229 97.36
2,359,952 2,200,208 9,310 93.63
13 - CURR DEVEL/INSTR STAFF DEVEL
6100 Payroll Costs 395,647 434,412 - 109.80
6200 Services 117,838 105,606 25 89.64
6300 Supplies 94,788 49,362 36,069 90.13
6400 Other Expenditures 289,582 214,434 2,961 75.07
6600 Capital Outlay - - - -
897,855 803,814 39,055 93.88
21 - INSTRUCTIONAL LEADERSHIP
6100 Payroll Costs 2,568,028 1,806,910 - 70.36
6200 Services 173,744 126,909 16,411 82.49
6300 Supplies 35,672 39,231 (31,383) 22.006400 Other Expenditures 88,490 42,187 868 48.66
6600 Capital Outlay - - - -
2,865,934 2,015,237 (14,104) 69.82
23 - SCHOOL LEADERSHIP
6100 Payroll Costs 11,106,668 8,841,930 - 79.6
6200 Services 129,629 86,171 17,275 79.80
6300 Supplies 218,384 172,872 27,257 91.64
6400 Other Expenditures 135,860 112,988 867 83.80
6600 Capital Outlay - - - -
11,590,541 9,213,961 45,399 79.89
31 - GUIDANCE, COUNSELING & EVAL SVC6100 Payroll Costs 4,578,731 3,521,941 - 76.92
6200 Services 21,375 13,058 2,684 73.65
6300 Supplies 142,517 138,293 702 97.53
6400 Other Expenditures 26,932 18,183 50 67.704,769,555 3,691,475 3,436 77.47
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2GENERAL FUND Page 7 of 3EXPENDITURE REPORTAugust 31, 2011
Percent ofExpenditures Outstanding Budget
Budget To Date Encumbrances Committed
32 - SOCIAL WORK SERVICES
6100 Payroll Costs 341,410 246,226 - 72.12
6200 Services 453,017 227,030 225,706 99.946300 Supplies 15,334 9,664 3,632 86.7
6400 Other Expenditures 2,888 - - -
6600 Capital Outlay - - - -
812,649 482,919 229,338 87.65
33 - HEALTH SERVICES
6100 Payroll Costs 2,126,922 1,630,646 - 76.67
6200 Services 28,856 28,218 495 99.50
6300 Supplies 31,280 27,828 1,986 95.3
6400 Other Expenditures 3,498 3,319 - 94.87
6600 Capital Outlay 397 236 - 59.44
2,190,953 1,690,247 2,481 77.2634 - STUDENT (PUPIL) TRANSPORTATION
6100 Payroll Costs 5,596,799 7,203,066 - 128.70
6200 Services 2,337,875 2,745,407 405,134 134.76
6300 Supplies 1,197,500 1,970,918 80,928 171.34
6400 Other Expenditures (1,093,156) (1,190,156) - 108.87
6600 Capital Outlay - - - -
8,039,018 10,729,236 486,061 139.5
35 - FOOD SERVICES
6100 Payroll Costs 42,770 65,383 - 152.87
6200 Services - - - -
42,770 65,383 - 152.87
36 - CO-CURR/EXCURR ACTIVITIES
6100 Payroll Costs 1,651,264 1,573,319 - 95.28
6200 Services 187,951 219,809 12,224 123.45
6300 Supplies 690,501 602,071 65,643 96.70
6400 Other Expenditures 1,924,443 1,642,669 13,654 86.07
6600 Capital Outlay 19,939 19,938 - 100.00
4,474,098 4,057,807 91,521 92.74
41 - GENERAL ADMINISTRATION
6100 Payroll Costs 3,557,267 3,168,028 - 89.06
6200 Services 7,949,849 7,712,770 103,625 98.32
6300 Supplies 245,067 206,029 35,133 98.46400 Other Expenditures 508,485 442,882 29,991 93.006600 Capital Outlay 878 878 - 100.00
12,261,546 11,530,586 168,749 95.4
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2GENERAL FUND Page 8 of 3EXPENDITURE REPORTAugust 31, 2011
Percent ofExpenditures Outstanding Budget
Budget To Date Encumbrances Committed
51 - PLANT MAINTENANCE AND OPERATION
6100 Payroll Costs 10,913,386 12,175,952 - 111.576200 Services 8,055,990 8,229,481 230,700 105.02
6300 Supplies 2,441,823 2,242,499 255,947 102.32
6400 Other Expenditures 3,295,027 7,326 - 0.226600 Capital Outlay 213,436 149,918 63,299 99.90
24,919,662 22,805,176 549,946 93.72
52 - SECURITIY AND MONITORING SVC
6100 Payroll Costs 1,608,859 1,928,704 - 119.886200 Services 290,972 135,451 8,915 49.66300 Supplies 102,600 42,776 2,603 44.236400 Other Expenditures 121,323 116,426 425 96.36600 Capital Outlay - - - -
2,123,754 2,223,357 11,943 105.25
53 - DATA PROCESSING SERVICES6100 Payroll Costs 1,027,295 873,104 - 84.996200 Services 402,663 375,466 20,476 98.33
6300 Supplies 110,354 89,808 17,309 97.076400 Other Expenditures 15,091 12,667 2,413 99.93
6600 Capital Outlay 1,427 - - -1,556,830 1,351,046 40,197 89.36
61 - COMMUNITY SERVICES
6100 Payroll Costs 116,830 79,555 - 68.09
6300 Supplies - - - -6400 Other Expenditures 1,200 - - -
118,030 79,555 - 67.40
71 - DEBT SERVICES
6500 Debt Service - - - -- - - -
81 - FACILITIES ACQUIS & CONSTR
6600 Capital Outlay 948,619 569,568 379,051 100.00
948,619 569,568 379,051 100.00
93 - PMT TO FISCAL AGENT/MBR DIST
6400 Other Expenditures 157,274 157,274 - 100.00
157,274 157,274 - 100.0095 - PMT TO JJAEP
6200 Services 183,750 183,750 - 100.00
183,750 183,750 - 100.0099 - TRANSFERS OUT
8900 Transfers Out 4,649,730 37,728 - 0.8
4,649,730 37,728 - 0.8
Total Expenditures and Other Uses 172,739,866$ 154,153,691$ 2,394,341$ 90.63%
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
DEBT SERVICE FUNDS Page 9 of 38
August 31, 2011
Assets
Cash and Temporary Investments 2,042,508$
Interfund Receivables
Property Taxes (Net of Estimated
Uncollectible Taxes of $106,092) 460,569
Due from Others 162,955
Total Assets 2,666,033$
Liabilities
Current Liabilities:
Interfund Payables 63,415$
Due to State -Deferred Revenues 3,459,232
Total Liabilities 3,522,647
Fund Equity
Fund Balances:
Reserve for Debt Service (856,614)
Total Fund Equity (856,614)
Total Liabilities & Fund Equity 2,666,033$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
DEBT SERVICE FUNDS Page 10 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
August 31, 2011
Activity Outstanding YTD
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES
5700 - LOCAL REVENUE5711 Taxes, Current Year Levy 23,847,140$ 23,694,959$ -$ 99.36
5712 Taxes, Prior Years - 141,772 - 100.00
5719 Penalties and Interest - 175,114 - 100.00
5742 Interest - Temp Investments 30,000 31,118 - 103.73
23,877,140 24,042,963 - 100.69
5800 - STATE REVENUE
5829 State Program Revenue / TEA - - - -
- - - -
7900 - OTHER SOURCES
7917 Prepaid Interest - 98,984
7949 Other Resources - -
Total Revenue 23,877,140 24,141,948 - 101.11
EXPENDITURES AND OTHER USES
71 - DEBT SERVICE
6511 Principal on Bonds 5,730,000 5,730,000 - 100.00
6521 Interest on Bonds 17,591,412 19,416,567 - 110.386599 Other Debt Service Expense 66,715 (148,006) - (221.85)
Total Expenditures 23,388,127 24,998,562 - 106.89
Excess of Revenues Over Expenditures 489,013$ (856,614)$ -$
FUND BALANCE
Beginning - September 1 2,495,908
Designated for Debt Service - August 31 1,639,294$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"DEBT SERVICE FUNDS Page 11 of 38DEBT SERVICE SCHEDULES BY ISSUEAugust 31, 2011
Original Issue $8,660,000
Issue Date 5/15/2003
Interest Rate 2.10% - 3.00%
Debt Service Requirements:
Fiscal Year Principal Interest Total
- - -
2010 1,120,000 215,891 1,335,891
2011 1,155,000 181,044 1,336,044
2012 1,190,000 144,404 1,334,404
To 2015 3,810,000 193,895 4,003,895
Total 7,275,000$ 735,234$ 8,010,234$
DEBT SERVICE UNLIMITED TAX REFUNDING BONDS 2003
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"DEBT SERVICE FUNDS Page 12 of 38DEBT SERVICE SCHEDULES BY ISSUEAugust 31, 2011
Original Issue $16,925,000Issue Date 8/31/2004
Interest Rate 3.00% - 5.00%
Debt Service Requirements:
Fiscal Year Principal Interest Total
- - -
2010 - 284,200 284,200
2011 - 284,200 284,200
2012 - 284,200 284,200
To 2017 7,105,000 1,003,300 8,108,300Total 7,105,000$ 1,855,900$ 8,960,900$
Original Issue $11,900,000
Issue Date 10/18/2005
Interest Rate 4.00%
Debt Service Requirements:
Fiscal Year Principal Interest Total
- - -
2010 710,000 339,769 1,049,769
2011 725,000 316,450 1,041,450
2012 740,000 292,181 1,032,181
To 2017 6,805,000 928,759 7,733,759
Total 8,980,000$ 1,877,159$ 10,857,159$
DEBT SERVICE UNLIMITED TAX ADJUSTABLE RATE REFUNDING BONDS 2005
DEBT SERVICE UNLIMITED TAX ADJUSTABLE RATE REFUNDING BONDS 2004
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
DEBT SERVICE FUNDS Page 13 of 38
DEBT SERVICE SCHEDULES BY ISSUE
August 31, 2011
Original Issue $89,800,000
Issue Date 2/21/2008
Interest Rate 3.00% - 4.00%
Debt Service Requirements:
Fiscal Year Principal Interest Total
- - -
2010 100,000 4,332,171 4,432,171
2011 250,000 4,326,921 4,576,921
2012 465,000 4,315,615 4,780,615
To 2017 88,985,000 72,167,801 161,152,801Total 89,800,000$ 85,142,509$ 174,942,509$
Original Issue $9,815,000
Issue Date 7/23/2008
Interest Rate 3.50%
Debt Service Requirements:
Fiscal Year Principal Interest Total
- - -
2010 1,795,000 312,113 2,107,113
2011 1,880,000 247,800 2,127,800
2012 1,960,000 180,600 2,140,600
To 2014 4,180,000 147,875 4,327,875Total 9,815,000$ 888,388$ 10,703,388$
DEBT SERVICE UNLIMITED TAX REFUNDING BONDS 2008
DEBT SERVICE UNLIMITED TAX SCHOOL BUILDING BONDS 2008
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
DEBT SERVICE FUNDS Page 14 of 38
DEBT SERVICE SCHEDULES BY ISSUE
August 31, 2011
Original Issue $65,000,000
Issue Date 8/20/2008
Interest Rate 4.00% - 5.00%
Debt Service Requirements:
Fiscal Year Principal Interest Total
- - -
2010 100,000 3,143,400 3,243,400
2011 100,000 3,143,400 3,243,400
2012 100,000 3,143,400 3,243,400
To 2038 65,065,000 52,912,125 117,977,125Total 65,365,000$ 62,342,325$ 127,707,325$
Original Issue $116,570,000
Issue Date 5/13/2009
Interest Rate 3.00% - 5.125%
Debt Service Requirements:
Fiscal Year Principal Interest Total
- - -
2010 - 7,380,742 7,380,742
2011 1,620,000 5,726,438 7,346,438
2012 1,415,000 5,726,438 7,141,438
To 2038 116,280,000 99,085,662 215,365,662Total 119,315,000$ 117,919,279$ 237,234,279$
DEBT SERVICE UNLIMITED TAX SCHOOL BUILDING BONDS 2009
DEBT SERVICE UNLIMITED TAX SCHOOL BUILDING BONDS 2008A
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2008 - 628 Page 15 of 38
August 31, 2011
Assets
Cash and Temporary Investments 2,231,551$
Total Assets 2,231,551$
Liabilities
Current Liabilities:
Accounts Payable 95,309$
Total Liabilities 95,309
Fund Equity
Fund Balances:
Reserve for Encumbrances -
Designated for Construction 28,130,032Unreserved:
Designated for Capital Projects (25,993,788)
Total Fund Equity 2,136,244
Total Liabilities & Fund Equity 2,231,551$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2008 - 628 Page 16 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
Activity Outstanding YTD
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES
5742 Interest -$ 15,045$ 0.00
Total Revenue - 15,045 - -
EXPENDITURES AND OTHER USES
81 - FACILITIES ACQUISITION & CONSTRUCTION
6211 Legal Services - - - 0.00
6219 Professional Services 139,874 - 139,874 0.00
6257 Utilities - Electricity - - -
6259 Utilities - Other - - -
6269 Rentals - Operating Leases 531,132 459,840 71,192 99.98
6299 Misc. Contracted Services 81,589 48,065 33,517 99.99
6319 Supplies - Mtnce. & Operations - - - 0.00
6395 Fixed Assets $500 - $4,999 1,090 1,090 - 0.00
6399 General Supplies 5,887 5,634 - 0.00
6429 Ins & Bonding Expenses - - - 0.00
6619 Land Purchase / Improvements - - - 0.00
6625 Architecture/Engineer Fee 1,431,951 757,813 674,128 100.00
6629 Building Purchases/Improvements 5,165,192 4,080,669 1,084,352 100.00
6639 Furniture & Equipment 0 - - 0.00
Total Expenditures 7,356,715 5,353,113 2,003,063 99.99
Excess of Revenues Over Expenditures (7,356,715)$ (5,338,067)$ (2,003,063)$
FUND BALANCE
Beginning - September 1 37,963,998
Revenue Year To Date 15,045
Expenditures Year To Date (5,353,113)
Outstanding Encumbrances (2,003,063)
Ending - August 31 30,622,867$
August 31, 2011
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2008A - 629 Page 17 of 38
August 31, 2011
Assets
Cash and Temporary Investments 6,136,797$
Total Assets 6,136,797
Liabilities
Current Liabilities:
Accounts Payable -
Total Liabilities -
Fund Equity
Fund Balances:
Reserve for Encumbrances -
Designated for Construction 5,948,590Unreserved:
Designated for Capital Projects 188,207
Total Fund Equity 6,136,797
Total Liabilities & Fund Equity 6,136,797$
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2008A - 629 Page 18 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
Activity Outstanding YTD
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES
5742 Interest -$ 39,998$ -$ 0.00
7911 Sale of Bonds - - 0.00
7916 Premium Sale of Bonds - - 0.00
Total Revenue - 39,998 - -
EXPENDITURES AND OTHER USES
81 - FACILITIES ACQUISITION & CONSTRUCTION
6211 Legal Services - - - 0.00
6219 Professional Services 2,849,790 1,987,271 722,644 0.00
6599 Other Debt Service Fees - - - 0.006625 Architecture/Engineer Fee 21,000 13,592 - 64.73
6629 Building Purchases/Improvements 34,208,880 28,971,816 5,225,946 99.97
Total Expenditures 37,079,670 30,972,680 5,948,590 99.57
Excess of Revenues Over Expenditures (37,079,670)$ (30,932,682)$ (5,948,590)$
FUND BALANCE
Beginning - September 1 37,069,479$
Revenue Year To Date 39,998
Expenditures Year To Date (30,972,680)
Outstanding Encumbrances (5,948,590)
Ending - August 31 188,207$
August 31, 2011
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2009 - 630 Page 19 of 38
August 31, 2011
Assets
Cash and Temporary Investments 40,304,801$
Total Assets 40,304,801
Liabilities
Current Liabilities:
Accounts Payable 207,955
Total Liabilities 207,955
Fund Equity
Fund Balances:
Reserve for Encumbrances -
Designated for Construction 30,515,262Unreserved:
Designated for Capital Projects 40,096,847
Total Fund Equity 40,304,801
Total Liabilities & Fund Equity 40,304,801$
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2009 - 630 Page 20 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
Activity Outstanding YTD
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES
5742 Interest 150,000$ 175,192$ -$ 116.79
7911 Sale of Bonds - - 0.00
7916 Premium Sale of Bonds - - 0.00
Total Revenue 150,000 175,192 - 116.79
EXPENDITURES AND OTHER USES
81 - FACILITIES ACQUISITION & CONSTRUCTION
6211 Legal Services 57,076 25,669 - 0.00
6219 Professional Services 175,207 17,531 157,675 100.00
6599 Other Debt Service Fees - - - 0.006625 Engineering/Architect Fees 12,180,600 9,604,550 2,494,737 0.00
6629 Building Purchases/Improvements 76,579,754 39,423,233 37,088,573 99.91
-
Total Expenditures 88,992,637 49,070,983 39,740,985 99.80
Excess of Revenues Over Expenditures (88,842,637)$ (48,895,791)$ (39,740,985)$
FUND BALANCE
Beginning - September 1 88,992,637$
Revenue Year To Date 175,192$
Expenditures Year To Date (49,070,983)
Outstanding Encumbrances (39,740,985)
Ending - August 31 40,096,847$
August 31, 2011
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2010A - 631 Page 21 of 38
August 31, 2011
Assets
Cash and Temporary Investments 754,922$
Total Assets 754,922
Liabilities
Current Liabilities:
Accounts Payable -
Total Liabilities -
Fund Equity
Fund Balances:
Reserve for Encumbrances -
Designated for ConstructionUnreserved:
Designated for Capital Projects 754,922
Total Fund Equity 754,922
Total Liabilities & Fund Equity 754,922$
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2010A - 631 Page 22 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
Activity Outstanding YTD
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES
5742 Interest 15,000$ 11,978$ 3,022$ 0.00
7911 Sale of Bonds - - - 0.00
7916 Premium Sale of Bonds - - - 0.00
Total Revenue 15,000 11,978 3,022 -
EXPENDITURES AND OTHER USES
81 - FACILITIES ACQUISITION & CONSTRUCTION
6211 Legal Services 55,000 5,972 - 10.86
6219 Professional Services - - - 0.00
6599 Other Debt Service Fees 1,101,867 1,074,866 14,479 0.006625 Engineering/Architect Fees 692,656 433,266 154,026 0.00
6629 Building Purchases/Improvements 8,663,677 8,250,141 277,497 98.43
- 0.00
Total Expenditures 10,513,200 9,764,245 446,002 -
Excess of Revenues Over Expenditures (10,498,200)$ (9,752,267)$ (442,980)$
FUND BALANCE
Beginning - September 1 10,507,189$
Revenue Year To Date 11,978$
Expenditures Year To Date (9,764,245)
Outstanding Encumbrances (442,980)
Ending - August 31 754,922$
August 31, 2011
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2010B - 632 Page 23 of 38
August 31, 2011
Assets
Cash and Temporary Investments 22,339,909$
Total Assets 22,339,909
Liabilities
Current Liabilities:
Accounts Payable -
Total Liabilities -
Fund Equity
Fund Balances:
Reserve for Encumbrances 17,731,265
Designated for Construction -Unreserved:
Designated for Capital Projects 22,339,909
Total Fund Equity 22,339,909
Total Liabilities & Fund Equity 22,339,909$
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - UNLIMITED SCHOOL BLDG BOND 2010B - 632 Page 24 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
Activity Outstanding YTD
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES
5742 Interest 30,000$ 107,280$ (77,280)$ -
7911 Sale of Bonds - - -
7916 Premium Sale of Bonds - - -
Total Revenue 30,000 107,280 (77,280)
EXPENDITURES AND OTHER USES
81 - FACILITIES ACQUISITION & CONSTRUCTION
6211 Legal Services - - - -
6219 Professional Services - - - -
6599 Other Debt Service Fees 1,470,947 110,804 156,437 -6625 Engineering/Architect Fees 668,060 409,085 244,399 -
6629 Building Purchases/Improvements 57,369,193 36,776,595 17,253,149 -
- - -
Total Expenditures 59,508,200 37,296,483 17,653,985 -
Excess of Revenues Over Expenditures (59,478,200)$ (37,189,203)$ (17,731,265)$
FUND BALANCE
Beginning - September 1 59,529,112$
Revenue Year To Date 107,280$
Expenditures Year To Date (37,296,483)
Outstanding Encumbrances (17,731,265)
Ending - August 31 22,339,909$
August 31, 2011
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - CONSTRUCTION 2010 - 633 Page 25 of 38
August 31, 2011
Assets
Cash and Temporary Investments 807,050$
Total Assets 807,050
Liabilities
Current Liabilities:
Accounts Payable -
Total Liabilities -
Fund Equity
Fund Balances:
Reserve for Encumbrances 795,024
Designated for ConstructionUnreserved:
Designated for Capital Projects 807,050
Total Fund Equity 807,050
Total Liabilities & Fund Equity 807,050$
Unaudited
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - CONSTRUCTION 2010 - 633 Page 26 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
Activity Outstanding YTD
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES
5742 Interest 35,000$ 19,636$ 15,364$ -
7911 Sale of Bonds - - - -
7916 Premium Sale of Bonds - - -
Total Revenue 35,000 19,636 15,364 -
EXPENDITURES AND OTHER USES
81 - FACILITIES ACQUISITION & CONSTRUCTION
6211 Legal Services - - - -
6219 Professional Services - - - -
6599 Other Debt Service Fees - - - -6625 Engineering/Architect Fees 15,076 15,076 - -
6629 Building Purchases/Improvements 13,189,880 12,379,492 810,388 -
- - - -
Total Expenditures 13,204,956 12,394,568 810,388 -
Excess of Revenues Over Expenditures (13,169,956)$ (12,374,932)$ (795,024)$
FUND BALANCE
Beginning - September 1 13,181,982$
Revenue Year To Date 19,636$
Expenditures Year To Date (12,394,568)
Outstanding Encumbrances (795,024)
Ending - August 31 807,050$
August 31, 2011
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - CONSTRUCTION 2011 - 634 Page 27 of 38
August 31, 2011
Assets
Cash and Temporary Investments 27,755,348$
Total Assets 27,755,348
Liabilities
Current Liabilities:
Accounts Payable -
Total Liabilities -
Fund Equity
Fund Balances:
Reserve for Encumbrances 17,542,737
Designated for ConstructionUnreserved:
Designated for Capital Projects 27,755,348
Total Fund Equity 27,755,348
Total Liabilities & Fund Equity 27,755,348$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - CONSTRUCTION 2011 - 634 Page 28 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
Activity Outstanding YTD
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES
5742 Interest 50,000$ 15,577$ (34,423)$ -
7911 Sale of Bonds 31,500,000 31,500,000 - -
7916 Premium Sale of Bonds - 1,080,000 1,080,000 -
Total Revenue 31,550,000 32,595,577 1,045,577 -
EXPENDITURES AND OTHER USES
81 - FACILITIES ACQUISITION & CONSTRUCTION
6211 Legal Services 9,500 9,500 - -
6219 Professional Services 1,603,451 168,277 1,361,930 -
6599 Other Debt Service Fees 140,858 134,557 - -6625 Engineering/Architect Fees 86,513 49,246 32,559 -
6629 Building Purchases/Improvements 29,709,678 4,478,648 17,193,826 -
- - - -
Total Expenditures 31,550,000 4,840,229 18,588,314 -
Excess of Revenues Over Expenditures -$ 27,755,348$ (17,542,737)$
FUND BALANCE
Beginning - September 1 -$
Revenue Year To Date 32,595,577$
Expenditures Year To Date (4,840,229)
Outstanding Encumbrances (17,542,737)
Ending - August 31 27,755,348$
August 31, 2011
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - 650 Page 29 of 38
August 31, 2011
Assets
Cash and Temporary Investments 1,681,427$
Unaudited
Total Assets 1,681,427$
Liabilities
Current Liabilities:
Accounts Payable 50,460$
Total Liabilities 50,460
Fund Equity
Fund Balances:
Reserve for Encumbrances 2,716,174
Designated for Construction 13,257,173Unreserved:
Designated for Capital Projects (14,342,379)
Total Fund Equity 1,630,968
Total Liabilities & Fund Equity 1,681,427$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
CAPITAL PROJECTS FUND - 650 Page 30 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
August 31, 2011
Unaudited
c v y u s an ng
Budget To Date Encumbrances Percent
REVENUE AND OTHER SOURCES5749 Miscellaneous 3,380,000$ -$ 3,380,000$ 0.00
Total Revenue 3,380,000 - 3,380,000 -
Activity Outstanding YTD
Budget To Date Encumbrances Percent
EXPENDITURES AND OTHER USES
81 - FACILITIES ACQUISTION & CONSTRUCTION
6219 Professional Services -$ -$ -$ 0.00
6299 Misc. Contracted Services 1,128,342 949,588 178,612 99.99
6395 Supplies 172,356 170,295 2,061 100.00
6399 General Supplies 182,410 182,409 - 100.00an urc ase mprovemen s , , - .
6625 Engineering/ Architect Fee 631,031 530,891 38,008 90.15
6629 Building Purchases/Improvements 10,119,514 6,029,521 3,593,108 95.09
6639 Furniture & Equipment 945,132 681,562 263,566 100.00
Total Expenditures 13,299,951 8,665,431 4,075,355 95.80
Excess of Revenues Over Expenditures (9,919,951)$ (8,665,431)$ (695,355)$
FUND BALANCE
Beginning - September 1 15,748,449$
Revenue Year To Date -$Expenditures Year To Date (8,665,431)
Outstanding Encumbrances (695,355)
Ending - August 31 6,387,663$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
HEALTH INSURANCE FUND - 771 Page 31 of 38
August 31, 2011
Assets
Cash and Temporary Investments 106,907$
Unaudited
Total Assets 106,907
Fund Equity
Retained Earnings 106,907
,
Total Liabilities & Fund Equity 106,907$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
HEALTH INSURANCE FUND - 771 Page 32 of 38
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND EQUITY
August 31, 2011
Unaudited
Operating Revenues:
Contributions for Self-insurance 6,626$
Total Revenues 6,626
Operating Expenses:
Total Expenses -
Operating Income (Loss) 6,626
Non-Operating Revenues:
Interest Revenue 281
Net Non-Operating Revenues 281
Non-Operating Expenses: -
Operating Transfers Out -
Net Non-Operating Expenses -
Net Income (Loss) 6,907
Fund Equity
Retained Earnings - September 1 100,000
Retained Earnings -August 31 106,907$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
WORKERS' COMPENSATION FUND - 772 Page 33 of 38
BALANCE SHEET
August 31, 2011
Assets
Unaudited
Cash and Temporary Investments 2,960,428$
Other Recieivables 461,701
Total Assets 3,422,129
a es
Current Liabilities:
Accounts Payable -
Other Liabilities 3,118,246
Total Liabilities 3,118,246
un qu y
Retained Earnings 303,884
Total Fund Equity 303,884
Total Liabilities & Fund Equity 3,422,129$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
WORKERS' COMPENSATION FUND - 772 Page 34 of 38STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND EQUITYAugust 31, 2011
Unaudited
Operating Revenues:Contributions for Self-insurance 967,075$
Total Revenues 967,075
Operating Expenses:
,
Insurance Claims 2,062,222
Total Expenses 2,086,655
Operating Income (Loss) (1,119,580)
Non-Operating Revenues:
Interest Revenue 7,753Net Non-Operating Revenues 7,753
Net Income (Loss) (1,111,827)
Fund Equity
Retained Earnings - September 1 1,415,711
Retained Earnings -August 31 303,884$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"SCHOLARSHIP FUNDS Page 35 of 38
August 31, 2011
Joe H. Mike Charles Paul A. Wells Peyton
Durley Tonahill Taylor Weinbaum Brown Greenburg & Hunt
REVENUE AND OTHER SOURCES
5700 - LOCAL REVENUE
5742 Interest - Temp Investments 43$ 50$ 9$ 2$ 20$ -$Total Revenue 43 50 9 2 20 -
EXPENDITURES AND OTHER USES
99 - OTHER USES
6499 Miscellaneous Operating Costs - - - 750 2,000 1,000
Total Expenditures - - - 750 2,000 1,000
Excess of Revenues Over Expenditures 43 50 9 (748) (1,980) (1,000)
FUND BALANCE
Beginning - September 1 17,639 19,534 2,518 - 16,013 -
Ending - August 31 17,682$ 19,584$ 2,527$ (748)$ 14,033$ (1,000)$
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"INVESTMENT REPORT Page 36 of 38August 31, 2011
Investment Program
Investment Position at August 31, 2011
Market/Book Market/Book
Value Value
08/01/11 08/31/11TEXPOOL 16,329,237.94$ 11,330,349.20$
Lone Star Investment Pool 152,494,726.78 129,956,746.15
Overnight Sweep 21.78 38.84
Total Investments 168,823,986.50$ 141,287,134.19$
January 2011 Investment Activity
Carrying Carrying
Amount Amount
08/01/11 Additions Deductions 08/31/11
Consolidated Account
Local Maintenance 11,381,469.86$ 703.61$ 5,000,000.00$ 6,382,173.47$
Food and Nutrition 1,314,686.97 144.95 - 1,314,831.9212,696,156.83 848.56 5,000,000.00 7,697,005.39
Debt Service Funds 3,633,081.11 262.70 - 3,633,343.813,633,081.11 262.70 - 3,633,343.81
Total TexPool 16,329,237.94$ 1,111.26$ 5,000,000.00$ 11,330,349.20$
The legal requirements and local authority for investment of district funds are detailed in Board Policy CDA
(Legal and Local) as adopted by the Board of Trustees. The investments utilized by Beaumont ISD include Texas
Local Government Investment Pool ("TexPool"), Lone Star Investment Pool, RBC Public Fund Investment
Account and an overnight sweep account with the district's depository.
Schedule of Transactions by Fund Group
Investments in TEXPOOL
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
INVESTMENT REPORT CONTINUED Page 37 of 38
August 31, 2011
Carrying CarryingAmount Amount
08/01/11 Additions Deductions 08/31/11
Consolidated Account
Local Maintenance 13,024,650.67$ 33,415,811.51$ 28,829,989.32$ 17,610,472.86$
Health Insurance 114,707.18 10.74 - 114,717.92
Worker's Compensation 3,164,149.26 296.12 - 3,164,445.38Alex Durley Scholarship 17,728.28 1.66 - 17,729.94
Joe Tonahill Scholarship 20,386.97 1.91 - 20,388.88
Mike Taylor Scholarship 3,535.44 0.33 - 3,535.77
Charles Weibaum Scholarship 903.15 0.08 - 903.23
Paul A. Brown Scholarship 8,062.02 0.75 - 8,062.77Debt Service 10,808,458.75 4,982,664.03 13,530,788.86 2,260,333.92
UTSBB Series 2008 2,241,608.95 299.49 267,874.75 1,974,033.69
UTSBB Series 2008-A; 6,271,113.02 902.97 180,661.00 6,091,354.99
UTSBB Series 2009 50,602,180.85 6,644.34 7,064,171.30 43,544,653.89UTSBB Series 2010-A 5,967.24 0.88 - 5,968.12UTSBB Series 2010-B 28,366,763.39 3,687.64 5,936,380.25 22,434,070.78
UTSBB Series 2010 QSB 5,615,023.31 698.17 1,125,509.40 4,490,212.08
UTSBB Series 2011 32,229,488.30 4,561.13 4,018,187.50 28,215,861.93
Total Lone Star Investment Pool 152,494,726.78$ 38,415,581.75$ 60,953,562.38$ 129,956,746.15$
Carrying Carrying
Amount Amount08/01/11 Additions Deductions 08/31/11
Capital Projects Account
UTSBB Series 2008A -$ -$ -$ -$Total RBC Public Fund InvestmentAccount -$ -$ -$ -$
All of the investments are fully secured. These are various agency Discount Notes which are bought at a Discount
and pay their interest upon maturity.Security Maturity Date Total Cost Market Value
Fannie Mae Discount Notes Mar 15 2010 0.00 0.00
Federal Home Loan Banks Feb 17 2010 0.00 0.00
Fannie Mae Discount Notes Feb 01 2010 0.00 0.00
Freddie Mac Discount Notes Feb 08 2010 0.00 0.00
Fannie Mae Discount Notes Apr 01 2010 0.00 0.00Fannie Mae Discount Notes Apr 12 2010 0.00 0.00
United States Cash Management Bill Jun 10 2010 0.00 0.00
United States Cash Management Bill Jun 17 2010 0.00 0.00
Cash and Equivalents 0.00 0.00
Accrued Interest - -
Total Investments 0.00 0.00
Schedule of Transactions by Fund Group
RBC Public Fund Investment Account
Investments in Lone Star Investment Pool
Schedule of Transactions by Fund Group
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BEAUMONT INDEPENDENT SCHOOL DISTRICT EXHIBIT "A.2"
INVESTMENT REPORT CONTINUED Page 38 of 38August 31, 2011
Investment Compliance
The portfolio presented complies with the investment strategy of Beaumont ISD as expressed in the District's
investment policy and relevant provisions of law.
Review of Interest Earnings
Current Month Year to DateTEXPOOL 1,111.26$ 49,274.37$
Lone Star Investment Pool 21,408.60 8,292,252.42
Overnight Sweep 38.84 476.48Total Yield 22,558.70$ 8,342,003.27$
Robert Zingelmann
Devin W. McCraney