Date: November 22, 2013
To: Michael Green, Superintendent
Subject: November Operation Report – Business Services
From: Stacy Brown, Director of Business Services
Please see the attached documents. The first is a power point presentation of the financial statements for the year ended August 31, 2013. I also attached the sources and uses spreadsheet for the 12-13 final, which gives information on how we spent our levy and local dollars for last year. This is touched on in the presentation, but I wanted to give you a more detailed description than just the presentation. Please review both, which I will be presenting at the board meeting. I hope you will have some questions. I have not yet gotten all of the year-end entries reversed in the new year, so it would be an exercise in futility to try and explain the variances. I will present the September, October and November financial reports at the December meeting. I will include projected revenues and expenditures beginning in December 2013 (at the January meeting).
The enrollment spreadsheets are attached, with summaries by headcount for September through November and a comparison of budgeted FTE to actual average FTE. We are up almost 9 FTE over October, making the average FTE through November 51.48 over budget. I have been looking at some enrollment reports and the enrollment trend continues. We have enrolled a net of 5 students since the November count day. This includes 25 new enrollees and 20 withdrawals. This illustrates the change in our population over the last few years. Five years ago this would not have been the case. If we had 5 new students, we had five or six enroll and maybe one or two withdraw. The Principals will agree that this has brought a whole new set of challenges to their buildings.
Please let me know if you have any questions.