Medora Annual, 122590

ANNUAL FINANCIAL REPORT, MEDORA COMMUNITY SCHOOL CORPORATION

RECEIPTS COMPARISONS

CALENDAR YEAR 2008

First no., 2008 Approved Budget Receipts, second no., 2008 Actual Receipts

1000 Local Sources, 310,429, 157,963.41

2000 Intermediate Resources, 38, 15.77

3000 State Resources, 1,631,905, 1,574,505.82

4000 Federal Sources, 0, 18,963.00

6000 Loans, 0, 157,805.00

7000 Sale of Property, Adjustments & Refunds, 200, 0

9000 Transfers, 0, 77,663.35

TOTAL, 1,942,572, 1,909,253.00

Debt Service Fund

1000 Local Sources, 401,215, 176,150.58

6000 Loans, 0, 158,114.00

TOTAL, 364,147, 334,264.58

Retirement/Severance

Bond Fund Debt Services

1000 Local Sources, 141,837, 62,776.17

TOTAL, 141,83, 62,776.17

School Transportation Fund

1000 Local Sources, 132,528, 40,944.86

9000 Transfers, 0, 37,826.08

TOTAL, 132,528, 78,770.94

School Bus Replacement Fund

1000 Local Sources, 4,324, 7,817.23

Total, 4,324, 7,817.23

Special Education Preschool Fund

1000 Local Sources, 821, 406.23

TOTAL, 821, 406.23

GRAND TOTAL, 2,669,898, 2,431,480.46

EXPENDITURE COMPARISONS CALENDAR YEAR 2008

First no., 2008 Approved Budged Expenditures, second no. 2008 Actual Expenditures

General Fund

11000 Instruction/Regular Programs, 933,064, 962,687.37

12000 Instruction/Special Programs, 60,877, 53,308.75

16000 Remediation Programs, 6,262, 0

17000 Payments to Governmental Units In State, 95,920, 85,868.56

21000 Support Services/Pupils, 39,216, 46,358.05

22000 Support Services/Inst. Staff, 44,483, 47,234.19

23000 Support Services/Gen. Admin., 144,605, 184,644.11

24000 Support Services/Sch. Admin., 169,805, 131,959.09

25000 Support Services/Business, 461,746, 252,427.03

26000 Support Services/Central, 150,408, 150,690.64

TOTAL, 2,061,313, 1,915,177.79

Debt Service Fund

50000 Debt Services, 352,381, 337,636.66

TOTAL, 352,381, 337,636.66

Capital Projects Fund

22300 Instruction-Related Technology, 39,500, 8,443.05

25000 Central Services, 42,306, 0

26000 Operation and Maint. of Plant Services, 72,556, 96,667.83

40000 Facility Acquisition and Construction, 42,000, 15,360.01

TOTAL, 196,362, 120,470.89

School Transportation Fund

25000 Central Services, 49,306, 3,538.62

27000 Student Transportation, 61,222, 106,989.38

TOTAL, 110,528, 110,528.00

Special Education Preschool Fund

12000 Support Services/Special Programs, 8,599, 0

40000 Nonprogrammed Charges, 0, 2,165.99

TOTAL, 8,599, 2,165.99

Retirement/Severance Bond Fund Debt Service Fund

51000 Debt Services, 34,666, 34,665.80

TOTAL, 34,666, 34,665.80

GRAND TOTAL, 2,808,922, 2,520,645.13

Certified Salary Schedule in effect June 30, 2007

First no., Years of Experience, second no., Bachelors, third no. # Of Persons, fourth no., Bachelors +30, fifth no., # Of Persons, sixth no., Masters, seventh no. # of Persons, eighth no. Masters +15, ninth no. # of Persons, tenth no., Masters +30, eleventh no. # of Persons.

0, 31,701, 0, 31,996, 0, 34,027, 0, 34,614, 0, 35,053, 0

1, 32,293, 2, 32,586, 0, 34,631, 0, 35,223, 0, 35,662, 0

2, 32,892, 2, 33,185, 0, 35,241, 0, 35,830, 0, 36,269, 0

3, 33,487, 0, 33,781, 0, 36,156, 0, 36,746, 0, 37,184, 0

4, 34,085, 0, 34,380, 0, 37,068, 0, 37,652, 0, 38,091, 0

5, 34,981, 2, 35,277, 0, 38,279, 0, 38,870, 0, 39,309, 0

6, 35,577, 0, 35,873, 0, 39,194, 0, 39,782, 0, 40,221, 0

7, 36,177, 0, 36,472, 0, 40,106, 0, 40,693, 0, 41,133, 0

8, 36,769, 0, 37,068, 0, 41,015, 0, 41,606, 0, 42,043 0

9, 37,365, 0, 37,657, 0, 41,930, 0, 42,519, 0, 42,956 0

10, 38,561, 0, 38,855, 0, 43,138, 1, 43,729, 0, 44,167, 0

11, 39,157, 0, 39,452, 0, 44,050, 0, 44,639, 0, 45,078, 0

12, 39,752, 0, 40,050, 0, 44,966, 1, 45,552, 0, 45,992, 0

13, 40,347, 0, 40,643, 0, 45,874, 1, 46,463, 0, 46,904, 0

14, 40,946, 0, 41,245, 0, 46,790, 0, 47,378, 0, 47,819, 0

15, 41,543, 0, 41,838, 0, 47,688, 0, 48,285, 0, 48,723, 0

16, 0, 0, 0, 0, 48,914, 0, 49,502, 0, 49,941, 0

17, 0, 0, 0, 0, 49,826, 0, 50,416, 0, 50,855, 0

18, 0, 0, 0, 0, 50,734, 1, 51,320, 0, 51,759, 0

19, 0, 0, 0, 0, 51,652, 0, 52,238, 0, 52,679, 0

20, 0, 0, 0, 0, 52,866, 0, 53,45, 0, 53,894, 1

21, 0, 0, 0, 0, 53,208, 8, 53,800, 0, 54,239, 3

22, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

23, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

24, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

25, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

26, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

27, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

28, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

29, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

30, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0

Total number of certified part-time employees: 1

Total number of certified full-time employees: 22

Extracurricular Salary Schedule in effect June 30, 2008

Elementary School

Boy’s Grade 6 Basketball, 937

Boy’s Grade 5 Basketball*, 813

Girl’s Grade 6 Basketball, 937

Girl’s Grade 5 Basketball, 813

Grades 3/4 BB (girls/boys), 688

Middle School

Boy’s Grade 8 Basketball, 2,032

Boy’s Grade 7 Basketball*, 1,188

Girl’s Grade 8 Basketball, 2,032

Girl’s Grade 7 Basketball, 1,188

Girl’s Grade 8 Volleyball, 960

Girl’s Grade 7 Volleyball*, 835

Jr. High/Elem Cheerleader, 368

Jr. High Cross Country, 707

High School

Boy’s JV Basketball, 2,219

Boy’s Varsity BB Assist, 1,259

Girl’s JV Basketball*, 1,564

Girl’s Varsity Volleyball, 2,032

Girl’s Varsity VB Assist, 986

Girl’s JV Volleyball*, 1,062

Varsity Track, 1,666

Boy’s Varsity Cross Country, 931

Band, 1,572

Yearbook, 1,110

High School Cheerleader, 741

Senior Class, 1,090

Junior Class, 1,145

Grades 10/9/87, 172 each

Student Council, 172

Beta Honor Club, 250

Future Homemakers of America, 250

Lettermen’s M-Club, 250

Foreign Language, 250

Science, 250

Saturday School, 856

* Indicate if need arises

Non-Certified Employee Classification and Range of Pay Rates 2008-2009

Instructional & Supplementary Pupil Services  

a. Library Aides, 13,557

b. Kindergarten Aides, 0

c. Special Education, 11,932-14,275

d. Prime Time Aides, 0

e. Pre-Kindergarten/Head Start Aides, 0

F. Educational Enterprises, 11,932

G. Other, 0

II. Cafeteria and Food Services

a. Managers/Head Cooks, 13,328

b. School Food Service Director, 0

c. All Other Food Service Employees, 0

III. Health Services

a. Nurses, 2,900.00

b. Other, 0

IV Office/Clerical/Secretarial, 10,712-25,100

V. Executive/Administrative/Accounting

a. Business Manager, 42,800

b. Buildings and Grounds Director, 0

c. Community Relations/Publicity Director, 0

d. Other, 0

VI. Maintenance/Custodial/Warehouse/Security/Transportation

a. Building custodians, 9,925-21,632

b. Bus drivers, 0

c. Other, 0

VII. Computer Services, 9,989-15,473

VIII. Other, 0

Total Number of Non-Certified Part-Time Employees, 3

Total Number of Non-Certified Full-Time Employees, 20

CERTIFIED ADMINISTRATIVE STAFF IN EFFECT JUNE 30, 2009

First no., Lowest Salary, second no. Highest Salary, third no. Average Salary, fourth no., Number of Personnel.

Administrative Staff, 73,251.00, 105,000.00, 89,125.00, 2

Student Enrollment October 1, 2008

Pre-School Ages 0-2 (PW), 0

Pre-Kindgarten Ages 3-5 (PK), 0

Kindergarten, 15

Grade 1, 29

Grade 2, 18

Grade 3, 21           

Grade 4, 24           

Grade 5, 30

Grade 6, 21

Grade 7, 20

Grade 8, 25

Grade 9, 22

Grade 10, 18

Grade 11, 17

Grade 12, 26

Grade 12+/Adult 13, 0

TOTAL, 286

Assessed Valuation Tax Rates Calendar Years 2008-2009

First no. 2008, second no. 2009

Assessed Valuation, 41,934,360, 32,579,000

Tax Rate - General Fund, 0.6229, N/A

Tax Rate - Referendum Fund, 0, 0

Tax Rate - Debt Service, 0.7941, 0.7857

Tax Rate - Retirement/Severance Bond Debt Service Fund, 0.0986, 0.0767

Tax Rate - Capital Projects Fund, 0.2967, 0.4897

1. Tax Rate - Transportation Fund, 0.1777, 0.5326          

Tax Rate - School Bus Replacement Fund, 0.0049, 0.1721

Tax Rate - Special Education Preschool Fund, 0.0017, N/A

Payments in Excess of $2500 Made to Vendors Calendar Year 2008

First no., General Fund, second no. Capital Projects, third no., School Transportation Fund, fourth no., School Bus Replacement Fund, fifth no., Total Amount

Blue Cross/Blue Shield, 138,252.37, 0, 0, 0, 138,252.37

IN State Teachers’ Retirement, 82,919.72, 0, 0, 0, 82,919.72

Bedford North Lawrence HS, 81,620.86, 0, 0, 0, 82,620.86

Indiana Insurance, 1,018.00, 33,556.00, 0, 0, 34,574.00

Duke Energy, 12,737.73, 31,956.49, 0, 0, 0

Jackson-Jennings Farm Bureau, 0, 0, 23,451.56, 0, 44,694.22

Midwest Natural Gas Corp, 7,020.05, 6,439.04, 0, 0, 23,451.56

Cartricharge Inc., 1,842.90, 9,300.00, 0, 0, 13,459.09

Met Life, 4,605.24, 0, 0, 0, 11,142.90

Hy-Grade Chemical Company, 8,737.60, 0, 0, 0, 4,605.24

Norma Hoffman, 16,492.50, 0, 0, 0, 8,737.60

Renee’ Blaker, 1,639.44, 0, 1,403.60, 0, 16,492.50

Komptutrol Software Systems, 0, 5,490.00, 0, 0, 3,043.04

Wilson Education Center, 4,046.29, 0, 0, 0, 5,490.00

Indiana School Board Assn., 2,932.00, 0, 0, 0, 4,046.29

Bedford Office Supply, 4,757.81, 1,001.00, 0, 0, 5,758.81

Downs’ Garage, 0, 0, 25,329.90, 0, 25,329.90

Town of Medora, 4,711.04, 0, 0, 0, 4,711.04

IN. State Teacher’s Ret., 82,919.72, 0, 0, 0, 82,919.72

Brownstown Central School, 3,247.70, 0, 0, 0, 3,247.70

Jackson Co. Health Dept., 3,240.00, 0, 0, 0, 3,240.00

Sun Life Assurance, 3,873.47, 0, 0, 0, 3,873.47

ISTA Insurance Trust, 9,402.67, 0, 0, 0, 9,402.67

Tammy Brooking, 0, 0, 4,006.35, 0, 4,006.35

Paper Corporation, 2,589.00, 0, 0, 0, 2,589.00

Pitney Bowes, 3,043.21, 120.00, 0, 0, 3,163.21

Bennett Printing, 3,454.00, 0, 0, 0,  3,454.00

Siemens, 0, 2,567.78, 0, 0, 2,567.78

IKON, 2,865.30, 1,391.38, 0, 0, 4,256.68

Met Life, 4,605.24, 0, 0, 0, 4,605.24

Nading Mechanical, 325.00, 3,020.46, 0, 0, 3,345.46

Verizon, 5,100.00, 2,049.96, 0, 0, 7,249.96

1. Dr. Robert Mahan, 8,050.00, 0, 0                , 8,050.00

Mark Morin, 5,608.00, 0, 0, 0, 5,608.00

Logic Key, 0, 8,623.50, 0, 0, 8,623.50

Total, 511,656.86, 105,515.61, 54,191.41, 0, 671,363.88

Grand Total, 0, 0, 0, 0, 671,363.88

Statement of Indebtedness Calendar Year 2008

Temporary Loans, 371,990.00

School Bonds, 0

Emergency Loans, 0

School Bus Loans, 0

Holding Company - Public & Private, 3,545,000.00

Veterans' Memorial Loans, 0

Common School Loans, 0

Indiana Bond Bank/Anticipated Notes, 0

Other Tax Board Approved Debt, 0

Retirement/Severance Bonds, 417,000.00

TOTAL, 4,353,990.00

Outstanding Encumbrances - All Funds (Include purchase orders, vendor contracts, letters of commitment, leases),  -0-

I hereby certify that the financial report is true and accurate in every respect to the best of my knowledge and belief. I further certify that all contracts, vouchers, and bills for all payments made by the school corporation are in its possession and open to public inspection.

August 10, 2009

Joseph Campbell, Secretary

Board of School Trustees

Medora Community School Corporation,

31 Perry Street

Medora, Indiana 47260

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