Revisions to the 2005-06 Audit Program, Abbott Addendum, and State Aid Grants Compliance Supplement

Date Revised 8/06 Total Unreserved/Undesignated Fund Balance 255,000 Reserved – Excess Surplus (June 30, 2006) $ 112,000(e) Recapitulation of Excess Surplus as of June 30, 2006 Reserved Excess Surplus – Designated for Subsequent Year’s Expenditures (Audsum line 10025) $ 55,000 (f) Reserved Excess Surplus (Audsum line 10024) 112,000 (g ) Total Excess Surplus $ 167,000 (a) Total General Fund Expenditures obtained from June 2006 CAFR Exhibit C-1 Budgetary Comparison Schedule – General Fund. (b) Include operating transfer expenditures that relate to the general fund but were required to be maintained in another fund. Do not include general fund transfers to Capital Reserve or Debt Service Fund, or Facilities Grant transfer to Special Revenue (c) This adjustment line is to be utilized for Impact Aid, Sale and Lease-back, Extraordinary Aid, Higher Expectation for Learning Proficiency (HELP) and Additional Nonpublic School Transportation Aid, if applicable. (d) The aggregate of $264,000 represents the total amount of General Fund fund balance appropriated in the 2006-07 General Fund budget. (e) If this amount is negative enter zero (-0-). (f) Represents surplus generated in 6/30/05, and budgeted in 2006-07. (g) ents surplus generated in 6/30/06 (required to be budgeted in ...