FY 08/09 Year-End Financial Summary

Saint Louis Public SchoolsJune 2009 Monthly Financial Report

June 2009

Saint Louis Public Schools June 2009 Monthly Financial Report 204/10/23 19:45

FY08-09: GOB Amendment #4—Highlights

Revenues $ 310.6MActual revenues $4.9M above current budget. Difference due to property tax receipts & prior year adjustments.

Expenditures $ 343.9MActual expenditures $1.6M above current budget. Difference due to salary increases offset by cost saving initiatives.

Deficit Spend $ 33.3MDeficit spending $3.3M lower than current budget.

Saint Louis Public Schools June 2009 Monthly Financial Report 304/10/23 19:45

Current Revenue Budget: $305.7MActual Revenue: $310.6M

Saint Louis Public Schools June 2009 Monthly Financial Report 404/10/23 19:45

Current Expenditure Budget: $342.2M

Actual Expenditures: $343.9M

◦Payroll Related: +11.4M

◦Professional & Property Svcs: -7.4M◦Transportation: -

0.7M◦Operating & Other Expenditures: -

1.6M

+1.6M

Saint Louis Public Schools June 2009 Monthly Financial Report 504/10/23 19:45

July 1, 2008-Beginning Fund Balance ($12,373)

REVENUE $305,681 Local ………

$203,372 County ………

2,911 State

……… 92,738 Federal ………

6,660

EXPENDITURE $342,238 Payroll ………

$217,556 Non-Payroll ……

124,682

Net ADD/(DEPLETION) of Reserves ($36,557)

June 30, 2009-Ending Fund Balance ($48,930)

($12,373)

$310,576 $206,267 2,933 97,307 4,068

$343,867 $228,949 114,918

($33,291)

($45,664)

Current Budget FINAL Budget

Saint Louis Public Schools June 2009 Monthly Financial Report 604/10/23 19:45

FY08-09: Non-GOB—Highlights

Revenue ExpendituresFederal Funds………… $ 48,903 $ 48,754Capital…………………… 50,931 19,458Debt Service…………… 28,001 27,703Food Service…………… 13,247 13,247Trust & Agency………… 3,769 1,699