September 2024 Financial Reports Analysis
Explore detailed financial reports for September 2024, including budget monitoring, cash and investments comparison, monthly expenditures, and summary of all funds. Gain insights into revenue, expenditures, fund balances, and changes for various funds.
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AAPS MONTHLY BUDGET MONITORING REPORT SEPTEMBER 2024
Comparison of Cash and Investments Report September 30, 2023 and September 30, 2024 CASH & INVESTMENTS 9/30/2023 CASH & INVESTMENTS 9/30/2024 CASH & INVESTMENTS CHANGE General Fund $ 20,888,016 44,378,541 $ 23,490,525 $ Community Services Fund 1,560,577 739,866 (820,711) Food Service Fund (358,393) (317,218) 41,175 Student /School Activity 1,302,123 1,348,579 46,456 TOTAL $ 23,392,323 46,149,768 $ 22,757,445 $ 2 2024 Monthly Budget Monitoring Report
Report of Monthly Expenditures for September 30, 2024 General Fund Community Services Fund Food Service Fund Student /School Activity 22,269,601 $ 358,958 435,047 54,323 TOTAL 23,117,929 $ 3 2024 Monthly Budget Monitoring Report
Comparison of Summary of All Funds Report YTD September 30, 2023 and September 30, 2024 Prior Income Statement Comparison Year-to-Date 2023-2024 Year-to-Date 2024-2025 Percent Changes Revenue General Fund Community Services Fund Food Service Fund Student /School Activity $ 47,316,931 1,204,046 173,800 142,522 51,471,227 $ 1,263,102 $ 4,154,296 59,056 393,388 11,572 8.8% 4.9% 567,188 154,094 226.3% 8.1% $ 48,837,299 53,455,611 $ $ 4,618,312 9.5% Expenditures General Fund Community Services Fund Food Service Fund Student /School Activity $ 41,084,142 1,126,480 690,303 154,306 37,526,139 $ 1,204,928 $ (3,558,003) 78,448 133,697 (45,902) -8.7% 7.0% 19.4% -29.7% 824,000 108,404 $ 43,055,231 39,663,471 $ $ (3,391,760) -7.9% 4 2024 Monthly Budget Monitoring Report
Comparison of Summary of All Funds Report YTD September 30, 2023 and September 30, 2024 (cont d) Prior Income Statement Comparison Year-to-Date 2023-2024 Year-to-Date 2024-2025 Percent Changes Addition (Reduction) to Fund Balance General Fund Community Services Fund Food Service Fund Student /School Activity $ 6,232,789 77,566 (516,503) (11,784) 13,945,088 $ (256,812) $ 7,712,299 (19,392) 259,691 57,474 123.7% 25.0% 50.3% -487.7% 58,174 45,690 $ 5,782,068 13,792,140 $ $ 8,010,072 138.5% Beginning Fund Balance General Fund Community Services Fund Food Service Fund Student /School Activity $ 12,875,365 1,239,203 583,906 1,295,050 $ 4,784,864 1,291,876 943,022 1,295,050 $ (8,090,501) 52,673 359,116 -62.8% 4.3% 61.5% 0.0% - $ 15,993,524 $ 8,314,812 $ (7,678,712) -48.0% Ending Fund Balance General Fund Community Services Fund Food Service Fund Student /School Activity $ 19,108,154 1,316,769 67,403 1,283,266 18,729,952 $ 1,350,050 1,340,740 $ (378,202) 33,281 618,807 57,474 -2.0% 2.5% 918.1% 4.5% 686,210 $ 21,775,592 22,106,952 $ $ 331,360 1.5% 2024 Monthly Budget Monitoring Report 5
Summary of All Funds Reports Revenues and Expenditures for Month Ending September 2024 Budget 2024-2025 Month-to-Date 2024-2025 Year-to-Date 2024-2025 Balance 2024-2025 YTD Percent Revenue General Fund Community Services Fund Food Service Fund Student /School Activity 318,492,160 $ 6,550,429 8,973,981 924,624 334,941,194 $ 12,000,345 $ 337,711 509,168 104,807 12,952,031 $ 51,471,227 $ 1,263,102 567,188 154,094 53,455,611 $ 267,020,933 $ 5,287,327 8,406,793 770,530 281,485,583 $ 16.2% 19.3% 6.3% 16.7% 16.0% Expenditures General Fund Community Services Fund Food Service Fund Student /School Activity 307,085,223 $ 6,550,429 8,973,981 924,624 323,534,257 $ 22,269,601 $ 358,958 435,047 23,117,929 $ 37,526,139 $ 1,204,928 824,000 108,404 39,663,471 $ 269,559,085 $ 5,345,501 8,149,981 816,220 283,870,787 $ 12.2% 18.4% 9.2% 11.7% 12.3% 54,323 6 2024 Monthly Budget Monitoring Report
Summary of All Funds Reports Revenues and Expenditures for Month Ending September 2024 (cont d) Budget 2024-2025 Month-to-Date 2024-2025 Year-to-Date 2024-2025 Addition (Reduction) to Fund Balance General Fund Community Services Fund Food Service Fund Student /School Activity 11,406,937 $ (10,269,256) $ (21,247) 13,945,088 $ (256,812) - - - 58,174 74,121 50,484 45,690 11,406,937 $ (10,165,898) $ 13,792,140 $ Beginning Fund Balance General Fund Community Services Fund Food Service Fund Student /School Activity $ $ 4,784,864 1,291,876 943,022 1,295,050 8,314,812 $ $ 4,784,864 1,291,876 943,022 1,295,050 8,314,812 Fund Balance % of Rev. Fund Balance % of Exp. Ending Fund Balance General Fund Community Services Fund Food Service Fund Student /School Activity 16,191,801 $ 1,291,876 943,022 1,295,050 18,729,952 $ 1,350,050 686,210 1,340,740 5.9% 20.6% 7.6% 145.0% 6.1% 20.6% 7.6% 145.0% 19,721,749 $ 22,106,952 $ 7 2024 Monthly Budget Monitoring Report
Summary of General Fund Expected vs Actual Revenues and Expenditures for Month Ending September 2024 September 2024 October 2024 Month to Date Expected September Year to Date Month to Date Original Budget Expected September % Actual September Over/Under Expected Expected September % Expected September Actual September Over/Under Expected Revenue Local Sources State Sources Federal Sources Other Local Revenue Total Revenue $ $ 108,394,379 156,790,898 10,975,715 42,331,168 318,492,160 9.25% 0.00% 1.00% 0.00% 10,026,480 $ 109,757 10,136,237 $ 11,925,055 $ 301,845 12,226,900 $ 1,898,575 $ 301,845 (109,757) 2,090,663 $ 44.27% 0.00% 5.00% 0.00% 47,986,191 $ 548,785 48,534,976 $ 50,782,446 $ 687,881 51,471,227 $ 2,796,255 $ 687,881 (547,885) 2,936,251 $ - - - - 900 - - - - - Expenditures Wages & Benefits Wages Benefits Total Salaries & Benefits $ 144,592,857 104,258,580 248,851,437 7.69% 7.69% 11,122,527 $ 8,019,891 19,142,418 10,452,497 $ 8,359,074 18,811,571 $ (670,030) 339,183 (330,847) 9.69% 11.69% 14,014,385 $ 12,190,234 26,204,619 13,521,951 $ 13,719,941 27,241,892 $ (492,434) 1,529,707 1,037,273 Non-Payroll Purchased Services Supplies and Materials Capital Outlay Other Expenditures Outgoing Transfers Total Non-Payroll Total Expenditures $ 42,573,083 11,073,571 368,138 1,899,645 2,319,349 58,233,786 307,085,223 9.00% 4.00% 8.33% 8.33% 8.33% 3,831,577 442,943 158,304 193,279 4,656,781 23,799,199 $ 2,763,716 498,681 137,286 3,468,639 22,280,210 $ (1,067,861) 55,738 (16,916) (103,110) (55,993) (1,188,142) (1,518,989) $ 19.00% 19.00% 25.00% 25.00% 25.00% 8,088,885 2,103,979 474,912 579,837 11,339,647 37,544,266 $ 7,820,703 1,691,716 176,596 569,338 10,284,247 37,526,139 $ (268,182) (412,263) (66,140) (298,316) (10,499) (1,055,400) (18,127) $ 30,678 13,762 55,194 92,034 25,894 Revenue over (under) Expenditures Fund Balance - July 1, 2024 Fund Balance estimated June 30, 2025 $ $ $ 11,406,937 4,784,864 16,191,801 (13,662,962) $ 4,784,864 $ (8,878,098) $ (10,053,310) $ 4,784,864 $ (5,268,446) $ 3,609,652 $ $ 3,609,652 $ 10,990,710 $ 4,784,864 $ 15,775,574 $ 13,945,088 $ 4,784,864 $ 18,729,952 $ 2,954,378 $ $ 2,954,378 $ - - 8 2024 Monthly Budget Monitoring Report
General Fund Expected vs Actual Revenues for Month Ending September 2024 9 2024 Monthly Budget Monitoring Report
General Fund Expected vs Actual Expenditures for Month Ending September 2024 10 2024 Monthly Budget Monitoring Report
General Fund Expected vs Actual Fund Balance for Month Ending September 2024 11 2024 Monthly Budget Monitoring Report
