525 Third Street Beaver, PA 15009 (724) 683-3400 - - PDF document
525 Third Street Beaver, PA 15009 (724) 683-3400 www.cottrillarbutina.com February 26, 2018 February 26, 2018 Fort Ch Fort Cherry School Di erry School District strict 2016-2017 Audit 2016-2017 Audit Sections Overview of 16-17 Audit
525 Third Street Beaver, PA 15009 (724) 683-3400 www.cottrillarbutina.com
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represent the financial position of the School District as, and for the year ended, June 30, 2017.
justification that the numbers are fairly presented (materially stated).
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at the District’s financial performance as a whole
District
carries more relevance to the average Financial Statement reader than the audit report does
simply management’s view point
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PSERS Liability at 6/30/16: $49.6 Billion
District Liability at 6/30/17: $29.040 Million
PSERS rates used in calculation of payroll expense: http://www.psers.pa.gov/About/PFR/Documents/20171208%20FY%202018- 2019%20ECR%20fact%20sheet%20FINAL.pdf $2,330,622 $2,527,751 $2,652,703 $2,757,476 $2,790,072 $2,824,997 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 16-17 17-18 18-19 19-20 20-21 21-22
PSERS Expense
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$3,494,881 $(469,535) $(1,000,000) $(500,000) $‐ $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000
General Fund Food Service Fund
Fund Balance/Net Position
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$4,072,761 $5,853,391 $6,405,917 $5,005,736 $4,724,895 $9,551 $11,342 $9,265 $15,429 $27,079 $‐ $2,000,000 $4,000,000 $6,000,000 $8,000,000 12‐13 13‐14 14‐15 15‐16 16‐17 12‐13 13‐14 14‐15 15‐16 16‐17 Investment Earnings $9,551 $11,342 $9,265 $15,429 $27,079 Average Cash and Cash Equivalents $4,072,761 $5,853,391 $6,405,917 $5,005,736 $4,724,895
Investment Earnings ‐ District‐Wide
0.2% 0.2% 0.1% 0.3% 0.6% 0.0% 0.1% 0.2% 0.3% 0.4% 0.5% 0.6% 0.7% 12‐13 13‐14 14‐15 15‐16 16‐17 Investment Earnings as a Percentage of Cash and Cash Equivalents 0% 10% 20% 30% 40% 50% 60% 12‐13 13‐14 14‐15 15‐16 16‐17 Federal 1.52% 1.51% 1.28% 1.53% 1.18% Local 42.14% 42.06% 42.67% 42.78% 42.33% State 56.34% 56.43% 56.06% 55.69% 56.48% 12‐13 13‐14 14‐15 15‐16 16‐17 State $9,376,449 $9,414,976 $9,612,270 $9,770,260 $10,133,715 Local $7,014,109 $7,018,570 $7,316,716 $7,504,536 $7,594,386 Federal $253,497 $251,765 $218,689 $268,761 $212,580 $‐ $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 $18,000,000 $20,000,000
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$17,000,000 $17,100,000 $17,200,000 $17,300,000 $17,400,000 $17,500,000 $17,600,000 $17,700,000 $17,800,000 $17,900,000 $18,000,000 Revenue Expense Actual $17,940,681 $17,928,948 Budget $17,314,081 $17,499,191
General Fund Revenue & Expenditures vs. Budget Totals
$‐ $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 Local State Federal Actual $7,594,386 $10,133,715 $212,580 Budgeted $7,316,734 $9,686,472 $188,000
General Fund Budget vs. Actual Revenues by Type (2016‐17 Fiscal Year)
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$‐ $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 Regular Programs Special Programs Vocational Programs Other Instructional Programs Actual $7,942,709 $2,614,162 $459,839 $79,486 Budget $7,773,253 $2,231,845 $617,700 $66,475
General Fund Budget vs. Actual Instruction Expenditures (2016‐17 Fiscal Year)
$‐ $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 Pupil Serv. Instructiona l Admin. Pupil Health Business
Main. Stud.Trans. Central Other Support Services Actual $345,179 $454,280 $1,178,673 $204,015 $334,402 $1,943,508 $1,225,066 $330,999 $11,792 Budget $357,843 $454,629 $1,233,845 $200,038 $370,836 $1,902,309 $1,079,200 $194,473 $13,000
General Fund Budget vs. Actual Support Services Expenditures (2016‐17 Fiscal Year)
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$(200,000) $(100,000) $‐ $100,000 $200,000 $300,000 $400,000 $500,000 Student Activity Community Debt Services Budgetary Reserve Transfers Out Transfers In Actual $458,779 $5,500 $242,671 $0 $(97,888) $‐ Budget $452,245 $5,500 $251,000 $(125,000) $(170,000) $122,875
General Fund Budget vs. Actual NonInstructional, Capital Outlay, Debt Service and Other Expenditures (2016‐17 Fiscal Year)
$‐ $500,000 $1,000,000 $1,500,000 $2,000,000 12‐13 13‐14 14‐15 15‐16 16‐17 Debt Service $1,761,803 $190,391 $250,413 $252,863 $242,671
General Fund Debt Service ‐ Total Expenditures
0.00% 5.00% 10.00% 15.00% 12‐13 13‐14 14‐15 15‐16 16‐17 Percentage 10.78% 1.16% 1.46% 1.29% 1.35%
General Fund Debt Service Ratio
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0.00% 0.50% 1.00% 1.50% 13‐14 14‐15 15‐16 16‐17 Percentage 1.16% 1.46% 1.29% 1.35%
Bond Payments as a Percentage of Total Expenditures
6.60% 6.80% 7.00% 7.20% 7.40% 7.60% 13‐14 14‐15 15‐16 16‐17 Percentage 7.46% 7.04% 7.26% 6.94%
Bond Payments as a Percentage of Fund Balance
12‐13 13‐14 14‐15 15‐16 16‐17 Revenue $16,644,055 $16,685,311 $17,147,675 $17,543,557 $17,940,681 Expenditures $16,342,410 $16,396,572 $17,152,430 $17,617,561 $17,928,948 $13,000,000 $14,000,000 $15,000,000 $16,000,000 $17,000,000 $18,000,000 $19,000,000 $20,000,000
General Fund Revenue vs. Expenditures
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12‐13 13‐14 14‐15 15‐16 16‐17 Fund Balance $2,312,996 $2,601,735 $3,557,152 $3,483,148 $3,494,881 $‐ $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 12‐13 13‐14 14‐15 15‐16 16‐17 Rev/Exp $301,645 $288,739 $(4,755) $(74,004) $11,733 $(100) $(50) $‐ $50 $100 $150 $200 $250 $300 $350 NOTE: The Capital Reserve Fund is reported under the General Fund heading beginning in 2014-15. See Note 13 in prior years. 12‐13 13‐14 14‐15 15‐16 16‐17 Subsidies $317,452 $334,792 $332,708 $331,750 $397,134 Sales $344,420 $347,383 $327,427 $335,330 $329,102 $‐ $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000
Cafeteria Revenue by Source
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12‐13 13‐14 14‐15 15‐16 16‐17 Revenue $661,958 $682,244 $660,220 $667,307 $726,905 Expenditures $718,022 $705,503 $734,011 $807,675 $808,585 $‐ $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000
Cafeteria Fund Revenue (excl. Transfers) vs. Expenses
12‐13 13‐14 14‐15 15‐16 16‐17 Net Position $(58,069) $(22,798) $(666,674) $(686,303) $(645,472) $(800,000) $(700,000) $(600,000) $(500,000) $(400,000) $(300,000) $(200,000) $(100,000) $‐
Cafeteria Unrestricted Net Position History
NOTE: 2014-15 and 2016-2017 include a Prior Period Adjustment. See Notes in prior years reports.
Bonds – the District he District has an outstan has an outstandin ing g principal balance of principal balance of $3,520,000 $3,520,000
Compensated ted Absences- Absences- $51 $513,069 ,069
Other Post Employment Benefits - Employment Benefits - $653 $653,417 ,417
$‐ $2,000,000 $4,000,000 2013 G.O.B. 2016 G.O.B.
Outstanding Principal
$‐ $200,000 $400,000 $600,000 $800,000 Comp Abs OPEB
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*Does not include 2016-2017 data as it is unavailable
W E AT C O T T R I L L A R B U T I N A , C E RT I F I E D P U B L I C A C C O U N TA N T S , A R E P L E A S E D T O P R O V I D E T H E D I S T R I C T W I T H T H I S I N F O R M AT I O N A L D O C U M E N T C O N TA I N I N G A R E G I O N A L C O U N T Y G R O U P A N A LY S I S F O R F O RT C H E R RY S C H O O L D I S T R I C T. T H E I N F O R M AT I O N I N T H I S R E P O RT WA S O B TA I N E D F R O M T H E P E N N S Y LVA N I A D E PA RT M E N T O F E D U C AT I O N ’ S W E B S I T E A N D W E M A K E N O R E P R E S E N TAT I O N W I T H R E G A R D S T O T H E A C C U R A C Y O R S U F F I C I E N C Y O F T H E D ATA P R O V I D E D . W E D E T E R M I N E D Y O U R C O U N T Y G R O U P B A S E D O N T H E M A R K E T VA L U E P E R S O N A L I N C O M E R AT I O ( M V P I R AT I O ) A N D T O TA L E X P E N D I T U R E S O F E A C H D I S T R I C T I N Y O U R C O U N T Y G R O U P A S O F J U N E 3 0 , 2 0 1 3 . A LT H O U G H W E P R O V I D E T H I S A N A LY S I S , T H E U S E O F C O U N T Y A N A LY S I S R E M A I N S A V E RY C O N T R O V E R S I A L S U B J E C T. I N PA RT I C U L A R , N O T E V E RY S C H O O L D I S T R I C T R E F L E C T E D I N T H I S A N A LY S I S O F F E R S T H E E D U C AT I O N A L P R O D U C T S , S E RV I C E S , O R L E V E L O F S E RV I C E S T H AT Y O U P R O V I D E T O Y O U R S T U D E N T S , N O R H A S T H E S A M E N U M B E R O F B U I L D I N G S , E T C . S U C H D I F F E R E N C E S , A L O N G W I T H D I F F E R E N C E S I N S T R AT E G I C O B J E C T I V E S A N D O V E R A L L M A N A G E M E N T P H I L O S O P H I E S M U S T B E TA K E N I N T O A C C O U N T W H E N M A K I N G A N Y A S S E T C O U N T Y C O M PA R I S O N S . T H I S D O C U M E N T I S P R O V I D E D F O R I N F O R M AT I O N A L P U R P O S E S O N LY F O R T H E U S E O F T H E S C H O O L B O A R D A N D F O RT C H E R RY S C H O O L D I S T R I C T.
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* The Market Value Personal Income Ratio (MVPI Ratio) represents the combined market value and income wealth for each pupil in a district. A low MVPI ratio would indicate that a district was affluent.
Fort Cherry’s Peer Group-Total Expenditures and MVPI Ratio* Fort Cherry’s County Group-Total Expenditures and MVPI Ratio*
School District MV / PI Aid Ratio 2015-16 ADM Total Expenditures 1 Chartiers-Houston SD 0.528 1,125 16,935,552 2 Wilmington Area SD 0.5602 1,182 33,553,449 3 Fort Cherry SD 0.5648 1,066 17,416,425 4 Halifax Area SD 0.5964 1,076 19,731,802 5 Mercer Area SD 0.6101 1,151 17,369,660 6 Central Fulton SD 0.6172 1,013 14,178,781 7 Upper Dauphin Area SD 0.6315 1,258 22,955,386 8 Everett Area SD 0.6371 1,371 19,683,077 9 Antietam SD 0.6741 1,070 27,204,222 10 Williams Valley SD 0.7382 1,068 17,424,769 School District MV / PI Aid Ratio 2015-16 ADM Total Expenditures 1 Peters Township SD 0.3361 4,206 58,567,315 2 Canon-McMillan SD 0.4234 5,256 72,355,491 3 Trinity Area SD 0.4684 3,313 51,143,285 4 Avella Area SD 0.4941 569 17,312,146 5 McGuffey SD 0.5039 1,756 30,857,879 6 Chartiers-Houston SD 0.528 1,125 16,935,552 7 Fort Cherry SD 0.5648 1,066 17,416,425 8 Ringgold SD 0.601 3,032 43,006,112 9 Burgettstown Area SD 0.6101 1,236 19,181,098 10 Bentworth SD 0.6298 1,123 17,044,029 11 Washington SD 0.639 1,565 26,759,983 12 California Area SD 0.6471 936 14,412,504 13 Bethlehem-Center SD 0.7154 1,298 18,182,699 14 Charleroi SD 0.7229 1,629 22,330,128
Fort Cherry- Total Expenditures per Average Daily Membership
2012 2013 2014 2015 2016 8 9 7 6 6 2 4 6 8 10
Total Expenditures per Average Daily Membership
2012 2013 2014 2015 2016 11 11 11 9 11 2 4 6 8 10 12 14
Total Expenditures per Average Daily Membership School District TE Per ADM 1 Central Fulton SD 13,992 2 Everett Area SD 14,362 3 Chartiers-Houston SD 15,059 4 Mercer Area SD 15,086 5 Williams Valley SD 16,308 6 Fort Cherry SD 16,334 7 Upper Dauphin Area SD 18,247 8 Halifax Area SD 18,346 9 Antietam SD 25,424 10 Wilmington Area SD 28,378 School District TE Per ADM 1 Charleroi SD 13,709 2 Canon-McMillan SD 13,768 3 Peters Township SD 13,923 4 Bethlehem-Center SD 14,009 5 Ringgold SD 14,183 6 Chartiers-Houston SD 15,059 7 Bentworth SD 15,171 8 California Area SD 15,397 9 Trinity Area SD 15,436 10 Burgettstown Area SD 15,524 11 Fort Cherry SD 16,334 12 Washington SD 17,100 13 McGuffey SD 17,578 14 Avella Area SD 30,438
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Fort Cherry-Total Revenue Per Average Daily Membership
2012 2013 2014 2015 2016 4 2 2 4 5 2 4 6 8 10 Total Revenue Per Average Daily Membership 2012 2013 2014 2015 2016 4 4 4 6 4 2 4 6 8 10 12 14 Total Revenue Per Average Daily Membership School District Total Rev Per ADM 1 Wilmington Area SD 28,833 2 Antietam SD 25,185 3 Upper Dauphin Area SD 19,276 4 Halifax Area SD 17,616 5 Fort Cherry SD 16,452 6 Chartiers-Houston SD 15,536 7 Mercer Area SD 14,935 8 Central Fulton SD 14,613 9 Williams Valley SD 13,905 10 Everett Area SD 13,836 School District Total Rev Per ADM 1 Avella Area SD 30,295 2 McGuffey SD 17,262 3 Washington SD 17,220 4 Fort Cherry SD 16,452 5 Chartiers-Houston SD 15,536 6 Trinity Area SD 15,358 7 Bentworth SD 15,195 8 Burgettstown Area SD 15,187 9 California Area SD 14,842 10 Canon-McMillan SD 14,300 11 Ringgold SD 14,205 12 Bethlehem-Center SD 14,197 13 Peters Township SD 14,067 14 Charleroi SD 13,877
Fort Cherry -Total Net Income
2012 2013 2014 2015 2016 9 6 3 4 5 2 4 6 8 10 Total Net Income 2012 2013 2014 2015 2016 9 4 1 8 7 2 4 6 8 10 12 14 Total Net Income School District Net Income 1 Upper Dauphin Area SD 1,294,216 2 Central Fulton SD 629,340 3 Wilmington Area SD 538,127 4 Chartiers-Houston SD 536,202 5 Fort Cherry SD 125,789 6 Mercer Area SD (173,959) 7 Antietam SD (255,289) 8 Everett Area SD (720,425) 9 Halifax Area SD (784,911) 10 Williams Valley SD (2,567,371) School District Net Income 1 Canon-McMillan SD 2,797,126 2 Peters Township SD 604,723 3 Chartiers-Houston SD 536,202 4 Charleroi SD 273,699 5 Bethlehem-Center SD 243,716 6 Washington SD 187,778 7 Fort Cherry SD 125,789 8 Ringgold SD 66,264 9 Bentworth SD 27,350 10 Avella Area SD (80,938) 11 Trinity Area SD (258,621) 12 Burgettstown Area SD (416,642) 13 California Area SD (519,655) 14 McGuffey SD (554,147)
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2012 2013 2014 2015 2016 Local %
6 8 8 7 5 State %
2 2 2 2 3 Federal %
5 7 6 7 6 2 4 6 8 10
Local, State, & Federal Revenue
2012 2013 2014 2015 2016 Local %
7 7 8 6 7 State %
5 6 5 6 5 Federal %
11 11 11 10 7 2 4 6 8 10 12 14
Local, State, & Federal Revenue
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Fort Cherry- Total Taxes Collected
2 4 6 8 10 2012 2013 2014 2015 2016 7 7 7 7 7
Total Taxes Collected
2 4 6 8 10 12 14 2012 2013 2014 2015 2016 9 9 9 10 10
Total Taxes Collected School District Total Taxes Collected 1 Antietam SD 9,949,139 2 Chartiers-Houston SD 9,375,964 3 Halifax Area SD 8,877,053 4 Upper Dauphin Area SD 8,444,683 5 Wilmington Area SD 7,902,509 6 Everett Area SD 7,404,231 7 Fort Cherry SD 6,865,879 8 Mercer Area SD 6,575,156 9 Central Fulton SD 5,254,529 10 Williams Valley SD 4,030,934 School District Total Taxes Collected 1 Canon-McMillan SD 51,485,751 2 Peters Township SD 43,816,868 3 Trinity Area SD 28,285,712 4 Ringgold SD 19,989,813 5 McGuffey SD 12,727,632 6 Washington SD 9,838,969 7 Chartiers-Houston SD 9,375,964 8 Charleroi SD 8,178,022 9 Burgettstown Area SD 7,276,304 10 Fort Cherry SD 6,865,879 11 Bentworth SD 6,293,817 12 California Area SD 4,401,071 13 Bethlehem-Center SD 4,354,115 14 Avella Area SD 3,111,402
Fort Cherry- Regular Education Expenditures
2012 2013 2014 2015 2016 5 5 9 10 9 2 4 6 8 10
Regular Programs
2012 2013 2014 2015 2016 7 10 13 12 13 2 4 6 8 10 12 14
Regular Programs
School District % of Exp. Regular Education 1 Wilmington Area SD 24.6% 8,248,742 2 Antietam SD 24.7% 6,714,574 3 Upper Dauphin Area SD 34.2% 7,851,987 4 Williams Valley SD 34.7% 6,052,100 5 Chartiers-Houston SD 37.7% 6,380,216 6 Everett Area SD 38.4% 7,560,974 7 Mercer Area SD 40.0% 6,940,910 8 Halifax Area SD 40.5% 7,992,801 9 Fort Cherry SD 44.5% 7,749,183 10 Central Fulton SD 47.6% 6,744,020 School District % of Exp. Regular Education 1 Avella Area SD 21.1% 3,652,765 2 Canon-McMillan SD 35.6% 25,753,750 3 Ringgold SD 37.2% 16,019,075 4 McGuffey SD 37.5% 11,570,863 5 Chartiers-Houston SD 37.7% 6,380,216 6 Washington SD 39.6% 10,597,694 7 Charleroi SD 40.0% 8,933,175 8 Bentworth SD 40.1% 6,826,276 9 California Area SD 41.1% 5,917,459 10 Trinity Area SD 41.5% 21,209,495 11 Burgettstown Area SD 42.1% 8,073,161 12 Bethlehem-Center SD 43.7% 7,951,531 13 Fort Cherry SD 44.5% 7,749,183 14 Peters Township SD 48.6% 28,481,734
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Fort Cherry- Special Education Expenditures
2012 2013 2014 2015 2016 7 3 7 8 8 2 4 6 8 10
Special Education Expenditures
2012 2013 2014 2015 2016 9 3 9 11 9 2 4 6 8 10 12 14
Special Education Expenditures
School District % of Exp. Special Education 1 Wilmington Area SD 8.1% 2,701,355 2 Antietam SD 9.7% 2,641,168 3 Chartiers-Houston SD 10.5% 1,779,276 4 Everett Area SD 11.3% 2,218,243 5 Central Fulton SD 11.6% 1,650,945 6 Upper Dauphin Area SD 11.9% 2,725,042 7 Mercer Area SD 12.5% 2,171,929 8 Fort Cherry SD 13.0% 2,272,087 9 Halifax Area SD 13.4% 2,642,186 10 Williams Valley SD 16.6% 2,893,491 School District % of Exp. Special Education 1 Avella Area SD 6.5% 1,123,588 2 Chartiers-Houston SD 10.5% 1,779,276 3 Ringgold SD 10.6% 4,579,811 4 Peters Township SD 11.0% 6,426,711 5 McGuffey SD 11.3% 3,484,136 6 California Area SD 11.4% 1,647,704 7 Bentworth SD 12.5% 2,134,743 8 Canon-McMillan SD 12.5% 9,068,128 9 Fort Cherry SD 13.0% 2,272,087 10 Burgettstown Area SD 13.1% 2,503,876 11 Washington SD 13.8% 3,701,309 12 Charleroi SD 13.9% 3,108,653 13 Trinity Area SD 14.4% 7,345,010 14 Bethlehem-Center SD 14.8% 2,684,428
Fort Cherry- Vocational Education Expenditures
2 4 6 8 10 2012 2013 2014 2015 2016 8 8 9 9 7 Vocational Education Expenditures 2 4 6 8 10 12 14 2012 2013 2014 2015 2016 12 11 13 13 13 Vocational Education Expenditures School District % of Exp. Vocational Education 1 Antietam SD 1.5% 415,636 2 Wilmington Area SD 1.8% 614,881 3 Halifax Area SD 2.2% 435,368 4 Chartiers-Houston SD 2.3% 389,818 5 Central Fulton SD 3.2% 451,678 6 Upper Dauphin Area SD 3.2% 731,680 7 Fort Cherry SD 3.6% 633,521 8 Everett Area SD 3.7% 718,849 9 Mercer Area SD 3.7% 638,307 10 Williams Valley SD 3.9% 684,031 School District % of Exp. Vocational Education 1 Peters Township SD 0.4% 209,527 2 Washington SD 0.7% 180,962 3 California Area SD 1.8% 266,097 4 Bentworth SD 1.9% 315,935 5 Burgettstown Area SD 2.1% 412,157 6 Chartiers-Houston SD 2.3% 389,818 7 Charleroi SD 2.4% 527,612 8 Canon-McMillan SD 2.6% 1,901,889 9 Avella Area SD 2.9% 502,607 10 Ringgold SD 3.2% 1,385,691 11 Bethlehem-Center SD 3.3% 602,108 12 Trinity Area SD 3.6% 1,854,276 13 Fort Cherry SD 3.6% 633,521 14 McGuffey SD 4.3% 1,336,461
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Fort Cherry-Other Instructional Program Expenditures
2 4 6 8 10 2012 2013 2014 2015 2016 5 5 6 6 6 Other Instructional Expenditures 2 4 6 8 10 12 14 2012 2013 2014 2015 2016 6 5 6 9 9 Other Instructional Expenditures
School District % of Exp. Other Instructional Programs 1 Upper Dauphin Area SD 0.0% 3,735 2 Central Fulton SD 0.1% 8,331 3 Antietam SD 0.1% 17,019 4 Wilmington Area SD 0.1% 22,180 5 Halifax Area SD 0.1% 17,516 6 Fort Cherry SD 0.5% 78,454 7 Williams Valley SD 0.7% 120,098 8 Chartiers-Houston SD 1.4% 232,697 9 Everett Area SD 1.4% 271,669 10 Mercer Area SD 2.2% 377,942 School District % of Exp. Other Instructional Programs 1 Bentworth SD 0.0% 5,522 2 Bethlehem-Center SD 0.0% 6,294 3 Trinity Area SD 0.1% 35,847 4 Burgettstown Area SD 0.1% 15,975 5 Peters Township SD 0.2% 103,632 6 McGuffey SD 0.3% 90,910 7 Charleroi SD 0.4% 85,863 8 California Area SD 0.4% 63,172 9 Fort Cherry SD 0.5% 78,454 10 Canon-McMillan SD 0.5% 384,454 11 Avella Area SD 0.6% 110,748 12 Ringgold SD 1.1% 485,849 13 Washington SD 1.2% 312,633 14 Chartiers-Houston SD 1.4% 232,697
Fort Cherry-Pupil Personnel Expenditures
2012 2013 2014 2015 2016 Series1 3 3 4 3 2
4 6 8 10 Pupil Personnel Expenditures 2012 2013 2014 2015 2016 Series1 6 8 9 5 4
4 6 8 10 12 14 Pupil Personnel Expenditures School District % of Exp Pupil Personnel 1 Wilmington Area SD 1.52% 509,518 2 Fort Cherry SD 1.94% 338,483 3 Upper Dauphin Area SD 2.25% 516,727 4 Chartiers-Houston SD 2.30% 390,089 5 Antietam SD 2.39% 649,255 6 Williams Valley SD 2.45% 427,678 7 Mercer Area SD 2.46% 428,150 8 Everett Area SD 2.89% 567,869 9 Central Fulton SD 3.09% 437,628 10 Halifax Area SD 3.79% 748,499 School District % of Exp Pupil Personnel 1 Avella Area SD 0.84% 146,157 2 Bethlehem-Center SD 0.92% 166,873 3 Bentworth SD 1.71% 290,747 4 Fort Cherry SD 1.94% 338,483 5 Burgettstown Area SD 2.07% 396,540 6 Trinity Area SD 2.07% 1,059,562 7 Ringgold SD 2.19% 941,564 8 Chartiers-Houston SD 2.30% 390,089 9 California Area SD 2.54% 365,567 10 Canon-McMillan SD 2.79% 2,020,178 11 Peters Township SD 3.25% 1,903,026 12 Washington SD 3.34% 892,497 13 Charleroi SD 3.64% 813,856 14 McGuffey SD 4.53% 1,397,292
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Fort Cherry- Instructional Staff Expenditures
2012 2013 2014 2015 2016 7 5 7 7 6
4 6 8 10 Instructional Staff Expenditures 2012 2013 2014 2015 2016 5 4 4 6 8
4 6 8 10 12 14 Instructional Staff Expenditures School District % of Exp Instructional Staff 1 Wilmington Area SD 0.63% 212,424 2 Williams Valley SD 0.91% 159,249 3 Upper Dauphin Area SD 1.17% 268,214 4 Everett Area SD 1.17% 230,351 5 Central Fulton SD 2.00% 283,703 6 Fort Cherry SD 2.19% 381,986 7 Antietam SD 2.65% 720,674 8 Mercer Area SD 2.80% 487,047 9 Chartiers-Houston SD 3.23% 547,802 10 Halifax Area SD 3.34% 659,812 School District % of Exp Instructional Staff 1 Ringgold SD 1.49% 642,376 2 Canon-McMillan SD 1.55% 1,118,244 3 Trinity Area SD 1.67% 851,721 4 Charleroi SD 1.78% 398,012 5 Avella Area SD 1.78% 308,913 6 McGuffey SD 1.86% 574,873 7 California Area SD 2.14% 308,165 8 Fort Cherry SD 2.19% 381,986 9 Burgettstown Area SD 2.34% 448,049 10 Peters Township SD 2.75% 1,608,606 11 Bethlehem-Center SD 2.91% 528,968 12 Bentworth SD 3.13% 534,303 13 Chartiers-Houston SD 3.23% 547,802 14 Washington SD 3.84% 1,027,647
Fort Cherry-Administration Expenditures
2012 2013 2014 2015 2016 5 5 7 5 7
4 6 8 10 Administration Expenditures 2012 2013 2014 2015 2016 8 7 11 9 10
4 6 8 10 12 14 Administration Expenditures School District % of Exp Administration 1 Wilmington Area SD 4.68% 1,569,979 2 Upper Dauphin Area SD 4.89% 1,122,247 3 Everett Area SD 6.06% 1,191,928 4 Antietam SD 6.15% 1,672,392 5 Central Fulton SD 6.31% 895,203 6 Halifax Area SD 6.38% 1,258,724 7 Fort Cherry SD 6.74% 1,173,192 8 Williams Valley SD 6.89% 1,200,933 9 Mercer Area SD 8.22% 1,426,950 10 Chartiers-Houston SD 8.40% 1,422,751 School District % of Exp Administration 1 Trinity Area SD 5.45% 2,785,476 2 Peters Township SD 5.69% 3,330,757 3 Avella Area SD 5.74% 993,908 4 Washington SD 6.01% 1,609,208 5 Canon-McMillan SD 6.08% 4,398,135 6 Bethlehem-Center SD 6.09% 1,107,115 7 Bentworth SD 6.33% 1,079,139 8 Ringgold SD 6.35% 2,731,273 9 Charleroi SD 6.38% 1,423,579 10 Fort Cherry SD 6.74% 1,173,192 11 California Area SD 6.86% 988,305 12 Burgettstown Area SD 6.96% 1,335,655 13 McGuffey SD 7.59% 2,340,590 14 Chartiers-Houston SD 8.40% 1,422,751
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Fort Cherry- Pupil Health Expenditures
2012 2013 2014 2015 2016 8 10 5 7 8
4 6 8 10 Pupil Health Expenditures 2012 2013 2014 2015 2016 13 14 10 8 9
4 6 8 10 12 14 Pupil Health Expenditures School District % of Exp Pupil Health 1 Wilmington Area SD 0.60% 200,728 2 Antietam SD 0.63% 170,683 3 Chartiers-Houston SD 0.68% 115,087 4 Upper Dauphin Area SD 0.72% 165,190 5 Central Fulton SD 0.79% 112,540 6 Williams Valley SD 0.85% 147,258 7 Halifax Area SD 0.98% 194,265 8 Fort Cherry SD 1.01% 176,416 9 Everett Area SD 1.03% 202,169 10 Mercer Area SD 1.36% 236,069 School District % of Exp Pupil Health 1 Bentworth SD 0.53% 89,739 2 Avella Area SD 0.58% 99,696 3 Washington SD 0.66% 177,823 4 Chartiers-Houston SD 0.68% 115,087 5 McGuffey SD 0.74% 229,548 6 California Area SD 0.77% 111,186 7 Burgettstown Area SD 0.87% 166,657 8 Ringgold SD 0.87% 375,764 9 Fort Cherry SD 1.01% 176,416 10 Bethlehem-Center SD 1.02% 184,937 11 Peters Township SD 1.22% 713,262 12 Trinity Area SD 1.29% 662,236 13 Charleroi SD 1.34% 298,698 14 Canon-McMillan SD 2.31% 1,669,861
Fort Cherry-Business Expenditures
2 4 6 8 10 2012 2013 2014 2015 2016 9 8 8 9 7 Business Expenditures
4 6 8 10 12 14 2012 2013 2014 2015 2016 13 13 13 13 6 Business Expenditures School District % of Exp Business 1 Wilmington Area SD 0.75% 251,811 2 Upper Dauphin Area SD 1.09% 250,610 3 Antietam SD 1.25% 340,423 4 Williams Valley SD 1.42% 247,595 5 Mercer Area SD 1.43% 248,445 6 Central Fulton SD 1.50% 212,008 7 Fort Cherry SD 1.58% 275,359 8 Chartiers-Houston SD 1.77% 300,095 9 Everett Area SD 1.82% 357,506 10 Halifax Area SD 2.41% 475,425 School District % of Exp Business 1 Peters Township SD 0.82% 482,403 2 Canon-McMillan SD 0.99% 712,746 3 Trinity Area SD 1.02% 521,168 4 Charleroi SD 1.16% 259,677 5 Ringgold SD 1.51% 650,818 6 Fort Cherry SD 1.58% 275,359 7 California Area SD 1.62% 233,417 8 McGuffey SD 1.65% 509,540 9 Burgettstown Area SD 1.71% 328,716 10 Bethlehem-Center SD 1.73% 313,712 11 Bentworth SD 1.74% 295,965 12 Chartiers-Houston SD 1.77% 300,095 13 Washington SD 1.77% 474,451 14 Avella Area SD 2.02% 349,211
22
Fort Cherry- Operations & Maintenance of Plant Expenditures
2012 2013 2014 2015 2016 8 9 9 9 9
4 6 8 10 Operations & Maintenance of Plant Expenditures 2012 2013 2014 2015 2016 8 10 11 11 11
4 6 8 10 12 14 Operations & Maintenance of Plant Expenditures
School District % of Exp Operation & Maintenance
1 Wilmington Area SD 3.87% 1,300,021 2 Williams Valley SD 5.39% 939,628 3 Antietam SD 5.41% 1,471,816 4 Upper Dauphin Area SD 6.08% 1,396,242 5 Halifax Area SD 6.59% 1,300,215 6 Central Fulton SD 6.96% 986,646 7 Mercer Area SD 7.09% 1,232,196 8 Everett Area SD 7.27% 1,431,536 9 Fort Cherry SD 10.58% 1,842,778 10 Chartiers-Houston SD 12.18% 2,063,015 School District % of Exp Operation & Maintenance
1 Avella Area SD 4.86% 841,002 2 Charleroi SD 7.19% 1,605,491 3 California Area SD 7.55% 1,087,908 4 Burgettstown Area SD 7.81% 1,497,464 5 Bethlehem-Center SD 7.97% 1,448,629 6 Washington SD 8.13% 2,174,338 7 Bentworth SD 8.27% 1,408,753 8 Peters Township SD 8.38% 4,907,876 9 Canon-McMillan SD 8.66% 6,265,596 10 Trinity Area SD 10.09% 5,162,386 11 Fort Cherry SD 10.58% 1,842,778 12 Ringgold SD 10.60% 4,557,601 13 McGuffey SD 10.89% 3,361,451 14 Chartiers-Houston SD 12.18% 2,063,015
Fort Cherry-Student Transportation Expenditures
4 6 8 10 2012 2013 2014 2015 2016 8 7 8 8 9 Student Transportation Expenditures
4 6 8 10 12 14 2012 2013 2014 2015 2016 9 9 11 8 8 Student Transportation Expenditures School District % of Exp Student Transportation 1 Antietam SD 0.91% 248,000 2 Williams Valley SD 3.15% 549,289 3 Upper Dauphin Area SD 4.37% 1,002,617 4 Wilmington Area SD 4.56% 1,529,204 5 Central Fulton SD 5.13% 727,396 6 Halifax Area SD 5.16% 1,018,377 7 Chartiers-Houston SD 5.86% 992,984 8 Mercer Area SD 6.19% 1,075,391 9 Fort Cherry SD 6.47% 1,127,337 10 Everett Area SD 7.07% 1,391,260 School District % of Exp Student Transportation 1 Washington SD 2.87% 768,809 2 Avella Area SD 3.56% 615,934 3 Peters Township SD 3.85% 2,252,392 4 Charleroi SD 4.52% 1,010,050 5 Burgettstown Area SD 5.31% 1,018,508 6 Chartiers-Houston SD 5.86% 992,984 7 Bentworth SD 6.02% 1,026,250 8 Fort Cherry SD 6.47% 1,127,337 9 Trinity Area SD 6.57% 3,358,251 10 Ringgold SD 6.61% 2,844,379 11 California Area SD 6.79% 978,635 12 McGuffey SD 6.95% 2,144,783 13 Canon-McMillan SD 7.77% 5,622,526 14 Bethlehem-Center SD 13.64% 2,479,677
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Fort Cherry- Support Central Expenditures
2012 2013 2014 2015 2016 4 5 5 5 7
4 6 8 10 2012 2013 2014 2015 2016 9 9 10 9 9
4 6 8 10 12 14 School District % of Exp Support Central 1 Chartiers-Houston SD 0.00%
0.00%
0.74% 146,258 4 Central Fulton SD 0.92% 130,466 5 Upper Dauphin Area SD 1.10% 251,906 6 Wilmington Area SD 1.29% 431,672 7 Fort Cherry SD 1.47% 256,728 8 Williams Valley SD 1.67% 290,193 9 Antietam SD 1.71% 464,908 10 Halifax Area SD 2.08% 409,910 School District % of Exp Support Central 1 Avella Area SD 0.00%
0.00%
0.00%
0.00%
0.02% 4,441 6 Bethlehem-Center SD 0.23% 41,815 7 California Area SD 0.93% 134,406 8 Ringgold SD 1.34% 575,934 9 Fort Cherry SD 1.47% 256,728 10 Peters Township SD 1.63% 956,566 11 Trinity Area SD 1.64% 838,679 12 Bentworth SD 1.64% 280,029 13 Canon-McMillan SD 1.78% 1,289,580 14 Charleroi SD 1.93% 431,635
Fort Cherry-Other Support Expenditures
4 6 8 10
2012 2013 2014 2015 2016 7 6 7 6 7
Other Support Expenditures
4 6 8 10 12 14
2012 2013 2014 2015 2016 8 7 7 7 7
Other Support Expenditures School District % of Exp Other Support 1 Central Fulton SD 0.00%
0.00%
0.03% 9,421 4 Upper Dauphin Area SD 0.04% 9,574 5 Halifax Area SD 0.05% 9,018 6 Wilmington Area SD 0.05% 16,711 7 Fort Cherry SD 0.07% 12,334 8 Mercer Area SD 0.08% 14,092 9 Chartiers-Houston SD 0.09% 14,960 10 Everett Area SD 1.19% 233,359 School District % of Exp Other Support 1 Avella Area SD 0.04% 6,464 2 Bethlehem-Center SD 0.04% 8,150 3 Charleroi SD 0.05% 12,189 4 California Area SD 0.06% 8,665 5 Bentworth SD 0.06% 10,564 6 Burgettstown Area SD 0.07% 12,860 7 Fort Cherry SD 0.07% 12,334 8 Ringgold SD 0.07% 32,040 9 McGuffey SD 0.08% 23,728 10 Trinity Area SD 0.08% 42,042 11 Chartiers-Houston SD 0.09% 14,960 12 Washington SD 0.10% 27,689 13 Peters Township SD 0.11% 65,693 14 Canon-McMillan SD 1.03% 747,214
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Fort Cherry- Non-Instructional Expenditures
2012 2013 2014 2015 2016 6 4 4 6 6 2 4 6 8 10 2012 2013 2014 2015 2016 8 8 8 8 9 2 4 6 8 10 12 14 School District % of Exp Non- Instructional 1 Antietam SD 1.4% 371,919 2 Upper Dauphin Area SD 1.5% 333,846 3 Wilmington Area SD 1.5% 490,364 4 Halifax Area SD 2.0% 402,491 5 Williams Valley SD 2.1% 365,104 6 Fort Cherry SD 2.4% 419,965 7 Chartiers-Houston SD 2.4% 414,903 8 Everett Area SD 2.5% 483,072 9 Mercer Area SD 3.0% 526,158 10 Central Fulton SD 6.4% 903,041 School District % of Exp Non- Instructional 1 Burgettstown Area SD 1.9% 357,104 2 Bethlehem-Center SD 2.0% 362,253 3 Charleroi SD 2.0% 447,807 4 Ringgold SD 2.1% 913,003 5 Canon-McMillan SD 2.3% 1,653,996 6 Avella Area SD 2.3% 397,452 7 Trinity Area SD 2.3% 1,185,051 8 Peters Township SD 2.4% 1,383,768 9 Fort Cherry SD 2.4% 419,965 10 Chartiers-Houston SD 2.4% 414,903 11 Bentworth SD 2.5% 430,604 12 California Area SD 2.6% 370,413 13 Washington SD 2.6% 700,217 14 McGuffey SD 3.1% 959,462
Fort Cherry- Other Financing Uses Expenditures
2 4 6 8 10 2012 2013 2014 2015 2016 7 7 2 2 1
Other Financing Uses
2 4 6 8 10 12 14 2012 2013 2014 2015 2016 4 5 2 2 2
Other Financing Uses School District % of Exp Other Financing Uses 1 Fort Cherry SD 3.9% 678,602 2 Central Fulton SD 4.5% 634,396 3 Williams Valley SD 5.0% 872,660 4 Mercer Area SD 9.0% 1,566,075 5 Halifax Area SD 9.5% 1,881,213 6 Chartiers-Houston SD 11.2% 1,891,859 7 Everett Area SD 13.6% 2,678,034 8 Upper Dauphin Area SD 27.0% 6,198,988 9 Antietam SD 41.5% 11,292,191 10 Wilmington Area SD 44.6% 14,956,947 School District % of Exp Other Financing Uses 1 Bethlehem-Center SD 1.6% 296,209 2 Fort Cherry SD 3.9% 678,602 3 Trinity Area SD 8.3% 4,224,744 4 McGuffey SD 9.0% 2,771,215 5 Peters Township SD 9.7% 5,707,723 6 Chartiers-Houston SD 11.2% 1,891,859 7 Canon-McMillan SD 12.0% 8,689,283 8 Bentworth SD 13.1% 2,228,595 9 Charleroi SD 13.3% 2,966,364 10 California Area SD 13.4% 1,929,838 11 Burgettstown Area SD 13.6% 2,614,375 12 Ringgold SD 14.5% 6,243,665 13 Washington SD 15.3% 4,085,258 14 Avella Area SD 47.2% 8,163,700
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Fort Cherry-Total Fund Balance
2 4 6 8 10 2012 2013 2014 2015 2016 5 8 7 8 7 Total Fund Balance 2 4 6 8 10 12 14 2012 2013 2014 2015 2016 3 7 6 6 6 Total Fund Balance School District Total Fund Balance 1 Upper Dauphin Area SD 6,637,616 2 Wilmington Area SD 5,893,050 3 Antietam SD 5,284,545 4 Chartiers-Houston SD 4,681,369 5 Williams Valley SD 4,594,311 6 Central Fulton SD 3,514,596 7 Fort Cherry SD 2,970,025 8 Halifax Area SD 2,449,771 9 Mercer Area SD 1,814,261 10 Everett Area SD 1,357,815 School District Total Fund Balance 1 Peters Township SD 10,558,409 2 Canon-McMillan SD 8,192,271 3 Chartiers-Houston SD 4,681,369 4 Ringgold SD 4,446,376 5 McGuffey SD 3,674,272 6 Fort Cherry SD 2,970,025 7 Avella Area SD 2,540,347 8 Bentworth SD 1,968,827 9 Bethlehem-Center SD 1,276,335 10 Washington SD 945,250 11 Trinity Area SD 766,817 12 Charleroi SD 554,259 13 Burgettstown Area SD 94,840 14 California Area SD 82,814
Fort Cherry-Total Fund Balance as a Percentage of Total Expenditures
2012 2013 2014 2015 2016 4 8 8 6 7 2 4 6 8 10 Total Fund Balance as a Percentage of Total Expenditures 2012 2013 2014 2015 2016 1 5 4 4 3 2 4 6 8 10 12 14 Total Fund Balance as a Percentage of Total Expenditures School District Fund Balance as % of Exp 1 Upper Dauphin Area SD 28.92% 2 Chartiers-Houston SD 27.64% 3 Williams Valley SD 26.37% 4 Central Fulton SD 24.79% 5 Antietam SD 19.43% 6 Wilmington Area SD 17.56% 7 Fort Cherry SD 17.05% 8 Halifax Area SD 12.42% 9 Mercer Area SD 10.45% 10 Everett Area SD 6.90% School District Fund Balance as % of Exp 1 Chartiers-Houston SD 27.64% 2 Peters Township SD 18.03% 3 Fort Cherry SD 17.05% 4 Avella Area SD 14.67% 5 McGuffey SD 11.91% 6 Bentworth SD 11.55% 7 Canon-McMillan SD 11.32% 8 Ringgold SD 10.34% 9 Bethlehem-Center SD 7.02% 10 Washington SD 3.53% 11 Charleroi SD 2.48% 12 Trinity Area SD 1.50% 13 California Area SD 0.57% 14 Burgettstown Area SD 0.49%
26
Fort Cherry- Total Outstanding Debt
2012 2013 2014 2015 2016 Series1 2 2 2 2 2 2 4 6 8 10
Total Outstanding Debt
2012 2013 2014 2015 2016 Series1 2 1 3 3 3 2 4 6 8 10 12 14
Total Outstanding Debt
School District Total Debt Outstanding 1 Williams Valley SD 21,869,829 2 Fort Cherry SD 28,653,121 3 Upper Dauphin Area SD 34,645,037 4 Central Fulton SD 37,187,552 5 Antietam SD 41,871,174 6 Mercer Area SD 44,070,670 7 Halifax Area SD 48,767,204 8 Chartiers-Houston SD 49,757,652 9 Wilmington Area SD 51,911,950 10 Everett Area SD 55,190,464 School District Total Debt Outstanding 1 Washington SD 19,446,821 2 Avella Area SD 21,990,174 3 Fort Cherry SD 28,653,121 4 Bethlehem-Center SD 30,622,510 5 California Area SD 35,610,991 6 Chartiers-Houston SD 49,757,652 7 Bentworth SD 52,313,333 8 Charleroi SD 54,845,564 9 Burgettstown Area SD 66,936,450 10 McGuffey SD 79,507,396 11 Ringgold SD 105,945,213 12 Trinity Area SD 116,004,446 13 Peters Township SD 151,910,280 14 Canon-McMillan SD 213,879,381
27
Segregation of Duties Duties
Fixed Assets ssets We would like to personally thank the entire staff for their help and cooperation in performing this year’s audit. We appreciate the relationship we have developed with the District.