Date: April 21, 2011To: Michael Green, SuperintendentSubject: March Financial/Enrollment ReportFrom: Stacy Brown, Director of Business Services
Attached are the March 2011 monthly cash flow statement for the general fund and budget status reports for all funds for the month of March. I have not had a chance to update the 10-11 Sources/Uses and Projected Fund Balance spreadsheet for expenditures through March, but will include in the next month's report.
The cash flow statement (10-11 Budget vs. Actual and Comparison to 09-10) shows revenues $65,000 less than expected, payroll $32,000 less than expected and accounts payable pretty close to the expected level. Revenues are less for two reasons. OSPI is decreasing our K-4 and Edujobs funds each month. The decrease to apportionment for this month was $86,000 and since we have received the majority of the Edujobs money over the past few months, we received the remainder in March, which only amounted to $32,000. Payroll is less than expected due to less teacher extra days and subs being less than in prior years.
Fund balance statements for all funds for February are attached. I do not see any specific areas identified on these reports that need explanation, that are not explained through the cash flow summary.
The enrollment spreadsheets are attached, with summaries by headcount for September through April and a comparison of budgeted FTE to actual average FTE. We lost 8 heads and 9.50 FTE The April count was 58.83 FTE greater than budget and the average continues to hold at 61.67 FTE greater than budget. With only one count left, it looks like we will end the year around 60 FTE greater than budgeted.
I also want to give you a food service update. Because the free/reduced percentage at WPS was greater than 50% this year, the district is qualified to sponsor and run a summer food program. Lucy and I went to training this week in Yakima to learn about the program and determine if it is something we would like to provide. We would open our doors to the community for up to two meals per day and any child, aged 2-18 can eat for free. We set the meals, times and days we will run the program. As of this time we have no idea how many to expect, but I will be doing some homework determining what activities are going on that we could communicate about the program. For example, we could feed the WCC kids, various vacation bible school children, summer camps, daycare programs and many of the kids who might not get nutritious meals during the summer. As long as the kids can get here, we can feed them. I think it will be a great program. We will be running it from the WMS/WHS Commons, so as to not interfere with WCC. Please let me know if you have questions or concerns about running this program.
Please let me know if you have any questions regarding the fiscal or enrollment information as well.