Colchester, Connecticut

August 2023 Monthly Budget Report

Budget Finance Committee Meeting - 8:00 AM

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COLCHESTER PUBLIC SCHOOLS
                                                                  Monthly Year to Date Budget Report
                                                                    Period Ending August 31, 2023
                                                                                                                                         UNEXPENDED/
                                                                   BUDGET         REVISED                                               UNENCUMBERED
OBJECT                   ACCOUNT DESCRIPTION      TOTAL BUDGET    TRANSFERS       BUDGET        YTD EXPENDED        ENCUMBRANCES           BALANCE          NOTES   PERCENT USED
40111    CERTIFIED PERSONNEL SALARIES                20,884,814               0    20,884,814         437,106.65        19,590,791.88           856,915.47    1              95.90%
40111    CERTIFIED DAILY SUBSTITUTES                    150,000               0       150,000               0.00                 0.00           150,000.00                    0.00%
40111    STIPENDS                                       536,244               0       536,244               0.00                 0.00           536,244.00                    0.00%
40112    CLASSIFIED PERSONNEL SALARIES                5,959,094               0     5,959,094         456,668.27         4,973,773.04           528,652.69    1              91.13%
40112    CLASSIFIED DAILY SUBSTITUTES                    90,000               0        90,000               0.00                 0.00            90,000.00                    0.00%
40113    ADDITIONAL STAFF HOURS                          38,572               0        38,572           5,144.07                 0.00            33,427.93                   13.34%
40130    CLASSIFIED OVERTIME                             47,800               0        47,800          10,086.67                 0.00            37,713.33                   21.10%
41210    EMPLOYEE RELATED INSURANCE                   3,963,477               0     3,963,477          19,014.72                 0.00         3,944,462.28    2               0.48%
41220    SOCIAL SECURITY                                466,029               0       466,029          29,788.35                 0.00           436,240.65    2               6.39%
41221    MEDICARE                                       426,672               0       426,672          15,115.95                 0.00           411,556.05    2               3.54%
41230    PENSION                                        267,166               0       267,166          15,919.15                 0.00           251,246.85    2               5.96%
41250    UNEMPLOYMENT                                    44,600               0        44,600             305.00               915.00            43,380.00    2               2.74%
41260    WORKERS' COMPENSATION INSURANCE                212,317               0       212,317               0.00                 0.00           212,317.00                    0.00%
41290    OTHER EMPLOYEE BENEFITS                        222,490               0       222,490         174,349.15                 0.00            48,140.85                   78.36%
42323    PROTECTIVE CLOTHING & SAFETY EQUIPMENT               0               0             0               0.00                 0.00                 0.00                    0.00%
42535    POSTAGE                                         17,400               0        17,400           1,006.24             3,000.00            13,393.76                   23.02%
42611    INSTRUCTIONAL SUPPLIES                         269,656               0       269,656          33,928.94            91,482.97           144,244.09                   46.51%
42613    MAINTENANCE SUPPLIES                            74,600               0        74,600           7,363.11            11,668.68            55,568.21                   25.51%
42614    GROUNDS MAINTENANCE SUPPLIES                    40,000               0        40,000               0.00                 0.00            40,000.00                    0.00%
42641    TEXTBOOKS                                       63,285               0        63,285           2,840.52            40,947.36            19,497.12                   69.19%
42642    LIBRARY BOOKS                                   14,170               0        14,170               0.00             1,097.14            13,072.86                    7.74%
42643    PERIODICALS                                      1,151               0         1,151               0.00               237.34               913.66                   20.62%
42690    OTHER SUPPLIES/MATERIALS                       545,121               0       545,121         221,675.20           134,991.72           188,454.08                   65.43%
43320    PROFESSIONAL DEVELOPMENT                        68,531               0        68,531           2,737.50               537.03            65,256.47                    4.78%
43322    INSTRUCTIONAL PROGRAM IMPROVEMENTS              12,975               0        12,975             840.00                 0.00            12,135.00                    6.47%
43323    PUPIL SERVICES ‐ IN DIST                       188,780               0       188,780           2,210.00                 0.00           186,570.00                    1.17%
43326    PUPIL SERVICES ‐ PUBLIC                        335,901               0       335,901             483.00                 0.00           335,418.00    4               0.14%
43327    PUPIL SERVICES ‐ PRIVATE                       504,144               0       504,144          32,980.00                 0.00           471,164.00    4               6.54%
43510    PUPIL TRANSPORTATION ‐ REGULAR EDUC          1,370,332               0     1,370,332         121,497.90         1,039,481.10           209,353.00                   84.72%
43510    PUPIL TRANSPORTATION ‐ SPECIAL EDUC          1,254,157               0     1,254,157               0.00                 0.00         1,254,157.00    4               0.00%
43510    PUPIL TRANSPORTATION ‐ ALT ED                        0               0             0               0.00                 0.00                 0.00                    0.00%
43511    TECH TRANSPORTATION                            109,457               0       109,457          (2,000.00)                0.00           111,457.00                   ‐1.83%
43580    TRAVEL                                          51,934               0        51,934           3,258.07               200.00            48,475.93                    6.66%
43810    DUES AND FEES                                   51,800               0        51,800          22,543.83             2,396.50            26,859.67                   48.15%
44203    LEGAL                                          150,000               0       150,000             124.50                 0.00           149,875.50                    0.08%
44215    FACILITY RENTAL                                 23,000               0        23,000               0.00                 0.00            23,000.00                    0.00%
44330    OTHER PROFESSIONAL TECHNICAL SERVICES          470,884               0       470,884          47,707.18           269,355.00           153,821.82                   67.33%
44340    FINANCIAL MANAGEMENT SERVICES                   61,283               0        61,283          62,472.52                 0.00            (1,189.52)   3             101.94%
44520    PROPERTY INSURANCE                             154,747               0       154,747             616.80                 0.00           154,130.20                    0.40%
44521    LIABILITY INSURANCE GENERAL                     90,071               0        90,071          64,597.00                 0.00            25,474.00                   71.72%
44522    LIABILITY INSURANCE TRANSPORTATION               1,425               0         1,425               0.00                 0.00             1,425.00                    0.00%
44540    ADVERTISING                                      1,726               0         1,726               0.00                 0.00             1,726.00                    0.00%
44550    PRINTING                                        17,437               0        17,437             989.94             5,350.00            11,097.06                   36.36%
44561    TUITION ‐ VO‐AG                                136,460               0       136,460               0.00                 0.00           136,460.00                    0.00%
44561    TUITION ‐ PUBLIC                               945,007               0       945,007          15,560.00                 0.00           929,447.00                    1.65%
44562    TUITION ‐ PRIVATE                              933,334               0       933,334          91,612.92                 0.00           841,721.08    4               9.82%
44563    TUITION ‐ SAP OTHER                                  0               0             0               0.00                 0.00                 0.00                    0.00%
44566    TUITION ‐ MAGNET SCHOOLS                        92,346               0        92,346               0.00                 0.00            92,346.00                    0.00%
                                                                                       COLCHESTER PUBLIC SCHOOLS
                                                                                     Monthly Year to Date Budget Report
                                                                                       Period Ending August 31, 2023
                                                                                                                                                               UNEXPENDED/
                                                                                          BUDGET         REVISED                                              UNENCUMBERED
OBJECT                  ACCOUNT DESCRIPTION                        TOTAL BUDGET          TRANSFERS       BUDGET        YTD EXPENDED       ENCUMBRANCES           BALANCE         NOTES   PERCENT USED
44590    OTHER PURCHASED SERVICES                                         32,793                     0        32,793          29,056.87            8,200.08           (4,463.95)   3             113.61%
44610    CURRICULUM IMPLEMENTATION                                        20,000                     0        20,000               0.00                0.00           20,000.00                    0.00%
44815    SOFTWARE LICENSING & SUPPORT                                    338,744                     0       338,744         135,936.83           49,454.64          153,352.53                   54.73%
45411    WATER/SEWER                                                      63,200                     0        63,200               0.00                0.00           63,200.00                    0.00%
45530    TELEPHONES                                                       91,384                     0        91,384          14,735.60                0.00           76,648.40                   16.12%
45620    HEAT ENERGY SUPPLIES                                            456,605                     0       456,605               0.00                0.00          456,605.00                    0.00%
45622    ELECTRICITY                                                     821,000                     0       821,000         111,926.77                0.00          709,073.23                   13.63%
45623    PROPANE                                                             750                     0           750               0.00                0.00              750.00                    0.00%
45626    GASOLINE ‐ MAINTENANCE VEHICLES                                   1,569                     0         1,569               0.00                0.00            1,569.00                    0.00%
45627    TRANSPORTATION SUPPLIES                                         174,000                     0       174,000         230,160.60                0.00          (56,160.60)   3             132.28%
46410    RECYCLING                                                        41,950                     0        41,950           6,069.90           34,504.60            1,375.50                   96.72%
46420    CLEANING/REPAIRING MAINTENANCE                                  216,892                     0       216,892           4,701.68           39,867.10          172,323.22                   20.55%
46430    EQUIPMENT CONTRACTS ‐ OFFICE                                    101,009                     0       101,009          11,851.69           50,594.91           38,562.40                   61.82%
46430    EQUIPMENT CONTRACTS ‐ FACILITIES                                155,451                     0       155,451          10,858.94          130,309.38           14,282.68                   90.81%
46431    VEHICLE MAINTENANCE                                               2,000                     0         2,000               0.00                0.00            2,000.00                    0.00%
48730    INSTRUCTIONAL EQUIPMENT                                           6,815                     0         6,815               0.00                0.00            6,815.00                    0.00%
48731    NON‐INSTRUCTIONAL EQUIPMENT                                           0                     0             0               0.00                0.00                0.00                    0.00%
48733    FURNITURE & FIXTURES                                             14,800                     0        14,800               0.00                0.00           14,800.00                    0.00%
48734    OTHER CAPITAL OUTLAY                                                  0                     0             0           1,295.90                0.00           (1,295.90)   3               0.00%
50205    TRANSFER TO BOE CAPITAL RESERVE                                  40,000                     0        40,000               0.00                0.00           40,000.00                    0.00%
50260    TRANSFER TO EDUCATION GRANTS FUND                                40,000                     0        40,000               0.00                0.00           40,000.00                    0.00%
50700    TRANSFER TO DEBT SERVICE FUND                                         0                     0             0               0.00                0.00                0.00                    0.00%
50900    CONTINGENCY                                                           0                     0             0               0.00                0.00                0.00                    0.00%
         TOTAL                                                        43,979,351                     0    43,979,351       2,455,137.93       26,479,155.47       15,045,057.60                   65.79%

         Purchase orders for goods and services are issued throughout the school year.

 (1)     Vacant positions exist as of 8/31/23.
 (2)     Employee benefit amounts reflect only actual expended amounts to date.
 (3)     Pending budget transfer
 (4)     Special Education expenditures subject to reimbursement from Excess Cost grant