OCBE Balance Sheet Report for FY 2021

Last Updated: 12/22/2021 3:57 PM
Oldham County Board of Education
BALANCE SHEET REPORT FOR FY 2021
ACCOUNT BALANCE
   
GENERAL FUND (1)                     
     
ASSETS                 
CASH-GENERAL FUND              20,834,074.36
CASH IN PAYROLL CLEARING ACCT  1,099.52
TAXES RECEIVABLE               556,461.04
INTERFUND RECEIVABLES          1,720.99
RECEIVABLE FROM DAYCARE        -1,366.70
RECEIVABLE FROM FOOD SVC FND   -38.3
ACCOUNTS RECEIVABLE            224,461.38
PREPAID EXPENDITURES           56,334.85
TOTAL ASSETS               21,672,747.14
     
LIABILITIES            
OTHER PAYABLES ACCRUED         -353,098.56
ACCOUNTS PAYABLE               -65,305.57
TSA CONSULTING GRP W/H         -2,641.18
REFUNDABLE TUITION LIABILITY   -30,320.00
ACC CRITICAL CANCER HOSP WH    -54,090.18
FLEXIBLE SPENDING WH           -96,885.86
EYEMED VISION INSURANCE W/H    -12,307.12
LIFE INS WH (SYMETRA NATWIDE)  -22,248.22
DENTAL INSURANCE WH            -50,135.20
KY EDU ASSC (KEA) & KAPE DUES  -12,565.19
KY ASSOC SCHOOL ADMIN DUES WH  -54.56
CLASSROOM TEACHERS             -50
UNEMPLOYMENT LIABILITY         28.77
KY HEALTH INS WH               -492,023.30
FEDERALLY FUNDED BENEFITS PAYB -95,158.74
LOCAL WITHHOLDING-LAGRANGE     -16,262.38
SYMETRA STD LTD WH             -27,679.80
FEDERAL INC TAX WITHHOLDINGS   -1,447.22
FICA SS LIABILITY              6,607.98
KY INCOME TAX WITHHOLDINGS     114.9
KTRS LIABILITY                 -1,436,141.08
CERS LIABILITY                 -635,966.66
COMPENSATED ABSENCES SICK LIAB -393,687.00
INDIANA TAX WITHHOLDING        -4,761.17
TOTAL LIABILITIES          -3,796,077.34
     
FUND BALANCE          
NONSPENDABLE-PREPAIDS          -56,334.85
ASSIGNED FOR SITE BASED CF     -695,455.08
ASSIGNED-PURCH OBL - PRD 13/YE -1,097,108.41
UNASSIGNED FUND BALANCE        -16,027,771.46
TOTAL FUND BALANCE FOR FUND 1 -17,876,669.80
     
SPECIAL REVENUE (2)                   
     
ASSETS                
CASH-SPECIAL REVENUE/GRANTS    -401,155.47
ACCOUNTS RECEIVABLE            20,890.12
Intergovrnmntl Recvble-State   7,762.69
Intergovrnmtl Recvbl-Ind Fedl  1,123,576.93
TOTAL ASSETS               751,074.27
     
LIABILITIES           
INTERFUND PAYABLES             -1,494.10
ACCOUNTS PAYABLE               -3,175.47
ADVANCES FROM GRANTORS/OTHERS  -746,404.70
TOTAL LIABILITIES          -751,074.27
     
DISTRICT ACTIVITY FUND 21 AY (21)    
   
ASSETS                
   
CASH-GENERAL FUND              4,971.25
   
TOTAL ASSETS               4,971.25
   
LIABILITIES           
   
OTHER PAYABLES ACCRUED         -6,561.11
   
TOTAL LIABILITIES          -6,561.11
   
FUND BALANCE          
   
RESTRICTED OTHER               1,589.86
   
TOTAL FUND BALANCE FOR FUND 21 1,589.86
   
   
DISTRICT ACTIVITY FUND 22 MY (22)    
   
ASSETS                
   
CASH-DISTRICT ACTIVITY         2,043,935.43
   
TOTAL ASSETS               2,043,935.43
   
LIABILITIES           
   
OTHER PAYABLES ACCRUED         -1,055.00
ACCOUNTS PAYABLE               -2,075.74
   
TOTAL LIABILITIES          -3,130.74
   
FUND BALANCE          
   
RESTRICTED - OTHER             -2,040,804.69
   
TOTAL FUND BALANCE FOR FUND 22 -2,040,804.69
   
SCHOOL ACTIVITY FUND 25 (25)         
   
ASSETS                
   
CASH - OTHER                   1,012,617.13
ACCOUNTS RECEIVABLE            25,554.09
   
TOTAL ASSETS               1,038,171.22
   
LIABILITIES           
   
OTHER PAYABLES ACCRUED         -37,094.00
   
TOTAL LIABILITIES          -37,094.00
   
FUND BALANCE          
   
RESTRICTED OTHER               -1,001,077.22
   
TOTAL FUND BALANCE FOR FUND 25 -1,001,077.22
   
CAPITAL OUTLAY FUND (310)            
   
ASSETS                
   
CASH-CAPITAL OUTLAY            4,200,558.87
   
TOTAL ASSETS               4,200,558.87
   
FUND BALANCE          
   
RESTRICTED-SFCC ESCROW-PRIOR   -2,344,323.00
RESTRICTED SFCC ESCROW CURRENT -1,856,235.87
   
TOTAL FUND BALANCE FOR FUND 310 -4,200,558.87
   
BLDING FUND (5CNT LEVY-DT SVC) (320  
   
ASSETS                
   
CASH-SPECIAL VOTED BLDG FUND   9,488,432.68
   
TOTAL ASSETS               9,488,432.68
   
FUND BALANCE          
   
RESTRICTED-SFCC ESCROW-PRIOR   -5,025,773.55
RESTRICTED-FUTURE CONSTR BG-1  212,958.58
RESTRICTED SFCC ESCROW CURRENT -4,675,617.71
   
TOTAL FUND BALANCE FOR FUND 320 -9,488,432.68
   
CONSTRUCTION FUND (360)              
   
ASSETS                
   
CASH-CONSTRUCTION FUND         -2,185,173.53
CASH-OCMS RENOV FY13           99,478.08
CASH-SOMS RENOVATION           738,086.90
CASH-NEXT GEN H.S.             1,123,685.56
CASH-CAMDEN ES RENOVATION      1,620,939.57
   
TOTAL ASSETS               1,397,016.58
   
LIABILITIES           
   
OTHER PAYABLES ACCRUED         -986,188.74
ACCOUNTS PAYABLE               -10,803.91
   
TOTAL LIABILITIES          -996,992.65
   
FUND BALANCE          
   
RESTRICTED-FUTURE CONSTRUCTION -400,023.93
   
TOTAL FUND BALANCE FOR FUND 360 -400,023.93
   
FOOD SERVICE FUND (51)               
   
ASSETS                
   
CASH-FOOD SERVICE              1,698,949.86
INTERFUND RECEIVABLES          38.3
ACCOUNTS RECEIVABLE            233,288.64
INVENTORIES FOR CONSUMPTION    154,432.51
DEFRD OUTFLOWS OPEBen LIAB     518,849.00
DEFRD OUTFLOWS PENSION LIAB    661,505.00
   
TOTAL ASSETS               3,267,063.31
   
LIABILITIES           
   
UNFUNDED OPEBen LIABILITY      -1,145,890.00
UNFUNDED PENSION LIABILITY     -3,640,771.00
DEFERRED INFLOW OPEB LIAB      -228,070.00
DEFERRED INFLOW PENSION LIAB   -76,162.00
   
TOTAL LIABILITIES          -5,090,893.00
   
FUND BALANCE          
   
UNRESTRICTED NET ASSETS        -1,932,276.80
RESTRICTED OPEBen LIAB ENTPRIS 855,111.00
RESTRICTED OTHER PENSION       3,055,428.00
RSTRCTD NET POSITION INVENTORY -154,432.51
   
TOTAL FUND BALANCE FOR FUND 51 1,823,829.69
   
DAYCARE PROGRAM (52)                 
   
ASSETS                
   
CASH-DAYCARE                   1,922,218.30
INTERFUND RECEIVABLES          1,139.81
DEFRD OUTFLOWS OPEBen LIAB     427,755.00
DEFRD OUTFLOWS PENSION LIAB    545,366.00
   
TOTAL ASSETS               2,896,479.11
   
LIABILITIES           
   
OTHER PAYABLES ACCRUED         -11,946.97
ACCOUNTS PAYABLE               -4,621.78
UNFUNDED OPEBen LIABILITY      -944,706.00
UNFUNDED PENSION LIABILITY     -3,001,564.00
DEFERRED INFLOW OPEB LIAB      -188,028.00
DEFERRED INFLOW PENSION LIAB   -62,790.00
   
TOTAL LIABILITIES          -4,213,656.75
   
FUND BALANCE          
   
UNRESTRICTED NET ASSETS        -1,890,609.94
RESTRICTED OPEBen LIAB ENTPRIS 704,979.00
RESTRICTED OTHER PENSION       2,518,988.00
RESTRICTED-NET POSITION        -16,179.42
   
TOTAL FUND BALANCE FOR FUND 52 1,317,177.64
   
FIDUCIARY - PENS/INVST/PRIVATE (700  
   
ASSETS                
   
CASH-CUNDIFF DONATION          4,931.05
INVESTMENTS DULA               0.7
   
TOTAL ASSETS               4,931.75
   
FUND BALANCE          
   
RESTRICTED - OTHER             -4,931.75
   
TOTAL FUND BALANCE FOR FUND 7000 -4,931.75
   
   
GOVERNMENTAL CAPITAL ASSETS (8)      
   
ASSETS                
   
LAND                           12,704,302.00
LAND IMPROVEMENTS              5,266,702.04
ACCUM DEPREC-LAND IMPROVMNTS   -2,227,322.72
BUILDINGS & BLDG IMPROVEMENTS  296,564,082.58
ACCUM DEPREC-BUILDINGS         -102,343,550.90
TECHNOLOGY EQUIPMENT           8,335,988.62
ACCUM DEPREC-TECH EQUIPMENT    -6,268,819.90
VEHICLES                       18,454,130.53
ACCUM DEPREC-VEHICLES          -13,812,564.67
MACHINERY AND EQUIPMENT        4,862,138.97
ACCUM DEPR-MACHINERY & EQUIP   -2,648,626.51
CONSTRUCTION WORK IN PROGRESS  16,660,763.31
INFRASTRUCTURE                 2,694,930.74
ACCUM DEPREC-INFRASTRUCTURE    -1,670,086.34
   
TOTAL ASSETS               236,572,067.75
   
FUND BALANCE          
   
INVESTMENT IN GOVERNMTL ASSETS -236,572,067.75
   
TOTAL FUND BALANCE FOR FUND 8 -236,572,067.75
   
FOOD SERVICE CAPITAL ASSETS (81)     
   
ASSETS                
BUILDINGS & BLDG IMPROVEMENTS  7,271,547.00
ACCUM DEPREC-BUILDINGS         -2,614,298.16
TECHNOLOGY EQUIPMENT           13,549.00
ACCUM DEPREC-TECH EQUIPMENT    -13,536.33
VEHICLES                       43,409.00
ACCUM DEPREC-VEHICLES          -28,513.08
MACHINERY AND EQUIPMENT        1,780,433.13
ACCUM DEPREC-MACHINERY & EQUIP -1,477,099.88
TOTAL ASSETS               4,975,490.68
   
FUND BALANCE          
INVESTMENT IN BUSINESS ASSETS  -4,975,490.68
TOTAL FUND BALANCE FOR FUND 81 -4,975,490.68
 ----------------------------------------------------------------------------------------------------------------
Activity does not exist for Fund 1.  
Activity does not exist for Fund 2.  
Activity does not exist for Fund 310.  
Activity does not exist for Fund 320.  
Activity does not exist for Fund 51*.  
 ----------------------------------------------------------------------------------------------------------------