Colchester, Connecticut

Comparison Financials thru October

Board of Education Meeting 6:00PM

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budget FY 2021-22 BoardDocs (BOE meetings) 2021-12-14

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Colchester Public Schools
                                       Cafeteria Financials
                                 Comparison Financials thru October

                                     Unaudited       Unaudited       Unaudited      Unaudited
                                       Oct-18          Oct-19          Oct-20         Oct-21
Revenues                             FY 2018-19      FY 2019-20      FY 2020-21     FY 2021-22
State                              $     11,576.00 $     11,468.00 $           -   $ 23,262.76
Federal                                  55,402.98       64,518.07       63,672.28   246,713.98
Interest                                      4.78            3.15             -             -
Food Sales Non Program                    1,179.34        1,873.56          430.22        630.11
Food Sales Program                     101,859.49        99,687.78        7,462.90      7,393.42
Miscellaneous Revenue
Total Revenue                      $   170,022.59 $      177,550.56 $     71,565.40 $ 278,000.27

Expenditures
Wages,Fica,Medicare,Retirement           74,952.02        76,852.01       68,169.85    73,897.07
Employee Insurances                      12,997.22        14,225.72       16,102.85    18,103.64
Food Program                             57,328.41        47,604.24       17,673.53    71,767.68
Food Non Program                          7,937.28         7,350.95          531.99     3,839.25
Other Costs                               8,392.88        10,254.46        5,122.34    17,555.88
Repairs/Maint                             4,414.65         4,222.66          669.50     3,669.62
Equipment                                                       -               -            -
Total Expenditures                 $   166,022.46 $      160,510.04 $    108,270.06 $ 188,833.14

Net Gain (Loss)                    $      4,000.13 $      17,040.52 $    (36,704.66) $   89,167.13
BOE Funding                                                          $          -    $         -
Fund Balance, Beginning            $    (21,604.52) $    (19,145.35) $    15,500.00 $       375.00
Fund Balance, Ending               $    (17,604.39) $     (2,104.83) $   (21,204.66) $   89,542.13