Feb 2014 Financial Report
- 04/01/2014 Work Session & Board Meeting
- Feb 2014 Monthly Financial Report
- Feb 2014 Vendor Spend Report
Feb ’14 Financial Report
[… DeKalb Schools didn’t record the first few minutes. Report already in progress …]
Dr. Michael Bell (Chief Financial Officer)
Page 42 – Variance Report
YTD – 78.2% collections and 60.9% expenditure. This is better than FY’13. We should be able to maintain or add to the general fund balance.
Are we running ahead or behind the amended budget?
The end of March marks 75% of the year. We are at 70% of the budget. I don’t have the revenue component.
On page 9 we are running at almost 90% of expected interest payments.
Our next interest payment will be for textbooks in July. We are not scheduled to make any more interest payments this year.
On page 7, Maint. & Operations / Other Costs is $1.1M this month, but was $654K last year on this month. If you don’t know, just send me an email later.
I don’t know
In the vendor spend report some items have “unknown” for URS code.
We are at 66.6% of budget for electricity. Is that ahead or behind where we are budgeted?
I think we are in line for our budget