Cash Mgmt BOARD INFORMATION Dec 06 - Cobb County …€¦ · · 2007-03-16z Page 2 3) School Food...

Executive Summary To: Board Members From: Robert Morales Chief Financial Officer Date: February 22, 2007

Re: Second Quarter FY-07 Financial Reports

Financial reports for school district operations for the quarter ended December 31, 2006 are enclosed. These reports are provided to board members on a quarterly basis to keep them informed of the district’s current financial condition.

The attached reports are divided in four major sections as follows:

1) Financial Report. A summary of revenues by source and expenditures by function for each fund is provided in the combined activity report. A review of Fund 0100-General Fund, the district’s primary fund, shows that 50% of the fiscal year has elapsed and 48% of budgeted expenditures have been spent or committed. 70% of budgeted revenues have been collected thus far in FY-07. The higher percentage for revenues results from normal heavy collections of property taxes after tax bills are mailed in the fall.

2) Cash Management. Three investment reports are included. The first report identifies fiscal year-to-date interest earned by fund. The second arranges investments by type, a measure of safety and liquidity, and also shows the current rate of return on the entire portfolio. The third shows the individual investments by fund, financial institution and rate of interest.

Funds are invested in the Georgia Fund One (Local Government Investment Pool) with the State of Georgia and conservative money market accounts. Revenues from SPLOST are electronically deposited into Georgia Fund One thereby enabling us to earn interest immediately.

The District had total interest earnings of $9,206,448 for the fiscal year as of December 31, 2006. The weighted average rate of return on current holdings was 5.19% compared to the month-end 3-month U.S. Treasury Bill rate of 4.86%.

Cobb County School District Financial Services Division

3) School Food Service Report. Relevant food service operation statistics are presented for each school for both the current month and fiscal year-to-date. Please note that high schools typically have very low participation because most students choose a-la-carte meals rather than regular reimbursable meals. The overall program is operating at an expected level with fund balance increasing moderately.

4) Capital Projects: SPLOST and Other Capital Projects Funds. This section identifies activity occurring in the SPLOST I and II, and County-Wide Building Funds. The report contains a variety of graphs and schedules that illustrate the current status and projected activity of the numerous construction projects in these funds. Of particular interest is Exhibit A in the SPLOST II section which highlights the fact that SPLOST sales tax collections exceeded projections by 3.0% or $3,794,311for the twelve months of calendar year 2006. Total collections from the inception of SPLOST II in 2004 continue to exceed projections by 1.4% or $4,616,107.

QUARTERLY FINANCIAL REPORT

For The Quarter Ending

DECEMBER 31, 2006

QUARTERLY FINANCIAL REPORT

DECEMBER 31, 2006

COBB COUNTY SCHOOL DISTRICTGENERAL FUND

AS OF DECEMBER 31, 2006

Revenues ExpendituresREVENUECOLLECTED70%

EXPENDITURES48%

Note: We have collected 70% of Revenue and spent 48% of budgeted amounts through December.

BALANCE30%

BALANCE52%

COBB COUNTY SCHOOL DISTRICTGENERAL FUND

AS OF DECEMBER 31, 2006

49% OF STATEREVENUESCOLLECTED

89% OF LOCALREVENUESCOLLECTED

11% OF LOCALREVENUESUNCOLLECTED

EXPENDED47%

ENCUMBERED1%

Revenue Expenditures

51% OF STATEREVENUESUNCOLLECTED

NOT EXPENDED ORENCUMBERED52%

Cobb County School District

Financial Services DivisionCombined Activity Report

Financial Report for the Quarter Ended:December 31, 2006

FISCAL YEAR ELAPSED: 50 %

REPORT: FQ246N v2.2 Page 1 of 31

Run Time: 8:39:25AMRun Date 1/26/2007

FUND 0100 GENERAL

OriginalApproved

Budget

CurrentRevisedBudget

CurrentQuarter Year To Date

OutstandingEncumbrances

Over(-)/UnderBudget PctDESCRIPTION

REVENUE

LOCAL $431,483,225.00 $439,056,047.00 $363,526,164.28 $389,998,333.15 $49,057,713.85 89$0.00 STATE $391,465,190.00 $393,064,568.00 $97,579,219.01 $192,864,020.32 $200,200,547.68 49$0.00 FEDERAL $5,258,569.00 $5,258,569.00 $1,041,596.68 $2,359,085.80 $2,899,483.20 45$0.00 OTHER SOURCES $4,751,552.00 $5,396,759.00 $748,150.24 $1,866,764.27 $3,529,994.73 35$0.00

$832,958,536.00 $842,775,943.00 $462,895,130.21 $587,088,203.54 $0.00 $255,687,739.46 70TOTAL REVENUE

EXPENSE

INSTRUCTION $620,364,176.00 $628,802,382.00 $151,330,980.11 $292,241,500.81 $335,240,907.18 47$1,319,974.01 PUPIL SERVICES $15,838,280.00 $15,994,196.00 $4,024,625.74 $8,185,733.01 $7,599,994.11 52$208,468.88 INSTRUCTIONAL ADMINISTRATION $17,004,487.00 $18,891,799.00 $4,312,783.07 $7,696,048.47 $11,025,143.57 42$170,606.96 EDUCATIONAL MEDIA CENTERS $13,867,086.00 $13,878,313.00 $3,390,876.67 $6,727,710.06 $6,870,125.54 50$280,477.40 GENERAL ADMINISTRATION $6,975,551.00 $7,845,585.00 $1,744,427.81 $3,327,312.71 $4,501,700.48 43$16,571.81 SCHOOL ADMINISTRATION $46,174,712.00 $46,126,853.00 $11,532,661.88 $22,907,873.54 $23,218,741.02 50$238.44 SUPPORT SERVICES - BUSINESS $5,813,741.00 $6,483,312.00 $1,553,822.47 $2,955,714.90 $3,067,648.97 53$459,948.13 MAINTENANCE & OPERATIONS $52,476,498.00 $53,052,686.00 $13,137,765.95 $24,657,135.31 $27,148,170.47 49$1,247,380.22 STUDENT TRANSPORTATION $38,758,565.00 $42,892,509.00 $12,271,716.34 $22,665,046.16 $20,219,899.23 53$7,563.61 SUPPORT SERVICES - CENTRAL $20,134,828.00 $20,813,732.00 $5,104,382.35 $9,953,885.34 $10,772,842.27 48$87,004.39 COMMUNITY SERVICES $50,833.00 $50,833.00 $15,046.96 $31,154.40 $19,678.60 61$0.00 CAPITAL OUTLAY $18,992.00 $18,992.00 $418.00 $1,919.60 $16,320.50 14$751.90 OPERATING TRANSFERS $2,787,579.00 $2,787,579.00 $696,894.00 $1,393,791.00 $1,393,788.00 50$0.00 DEBT SERVICE $4,868,398.00 $9,107,960.00 $2,782,541.35 $2,974,373.27 $3,737,912.80 59$2,395,673.93

$845,133,726.00 $866,746,731.00 $211,898,942.70 $405,719,198.58 $6,194,659.68 $454,832,872.74 48TOTAL EXPENSE







FUND 0200 DEBT SERVICE

OriginalApproved

Budget





REVENUE

LOCAL $23,010,652.00 $23,010,652.00 $18,475,565.90 $19,718,731.26 $3,291,920.74 86$0.00 OTHER SOURCES $25,000,000.00 $25,000,000.00 $0.00 $0.00 $25,000,000.00 0$0.00

$48,010,652.00 $48,010,652.00 $18,475,565.90 $19,718,731.26 $0.00 $28,291,920.74 41TOTAL REVENUE

EXPENSE

DEBT SERVICE $46,581,200.00 $46,581,200.00 $2.42 $895,611.64 $45,685,588.36 2$0.00

$46,581,200.00 $46,581,200.00 $2.42 $895,611.64 $0.00 $45,685,588.36 2TOTAL EXPENSE







FUND 0402 TITLE I - FED GRANT

OriginalApproved

Budget





REVENUE

FEDERAL $13,466,794.00 $13,466,794.00 $3,361,611.00 $5,774,725.81 $7,692,068.19 43$0.00

$13,466,794.00 $13,466,794.00 $3,361,611.00 $5,774,725.81 $0.00 $7,692,068.19 43TOTAL REVENUE

EXPENSE

INSTRUCTION $9,688,368.00 $9,688,368.00 $2,623,555.44 $4,375,349.35 $5,233,534.16 46$79,484.49 PUPIL SERVICES $153,243.00 $153,243.00 $59,099.01 $102,326.15 $50,705.10 67$211.75 INSTRUCTIONAL ADMINISTRATION $807,633.00 $807,633.00 $135,161.17 $250,390.51 $533,121.22 34$24,121.27 GENERAL ADMINISTRATION $706,269.00 $706,269.00 $68,963.88 $136,811.51 $566,185.03 20$3,272.46 SCHOOL ADMINISTRATION $131,935.00 $131,935.00 $30,409.74 $52,749.08 $79,185.92 40$0.00 MAINTENANCE & OPERATIONS $4,550.00 $4,550.00 $0.00 $0.00 $4,550.00 0$0.00 STUDENT TRANSPORTATION $752,873.00 $752,873.00 $204,288.97 $431,636.97 $321,236.03 57$0.00 SUPPORT SERVICES - OTHER $1,221,923.00 $1,221,923.00 $240,066.79 $425,396.23 $790,476.61 35$6,050.16

$13,466,794.00 $13,466,794.00 $3,361,545.00 $5,774,659.80 $113,140.13 $7,578,994.07 44TOTAL EXPENSE







FUND 0404 SPECIAL ED-FED GRANT

OriginalApproved

Budget





REVENUE

FEDERAL $17,759,059.00 $17,759,059.00 $5,401,586.00 $10,334,236.26 $7,424,822.74 58$0.00

$17,759,059.00 $17,759,059.00 $5,401,586.00 $10,334,236.26 $0.00 $7,424,822.74 58TOTAL REVENUE

EXPENSE

INSTRUCTION $12,588,684.00 $12,588,684.00 $3,623,295.95 $6,955,316.17 $5,633,367.83 55$0.00 PUPIL SERVICES $2,941,534.00 $2,941,534.00 $1,079,721.27 $2,133,620.57 $798,421.43 73$9,492.00 INSTRUCTIONAL ADMINISTRATION $584,290.00 $584,290.00 $254,384.62 $500,809.22 $83,480.78 86$0.00 GENERAL ADMINISTRATION $1,033,452.00 $1,033,452.00 $115,204.00 $244,465.89 $788,986.11 24$0.00 STUDENT TRANSPORTATION $611,099.00 $611,099.00 $329,659.06 $500,703.31 $110,395.69 82$0.00

$17,759,059.00 $17,759,059.00 $5,402,264.90 $10,334,915.16 $9,492.00 $7,414,651.84 58TOTAL EXPENSE







FUND 0406 VOCATIONAL EDUC-FED GRANT

OriginalApproved

Budget





REVENUE

STATE $841,874.00 $828,751.00 $21,706.00 $260,249.00 $568,502.00 31$0.00

$841,874.00 $828,751.00 $21,706.00 $260,249.00 $0.00 $568,502.00 31TOTAL REVENUE

EXPENSE

INSTRUCTION $388,750.00 $377,250.00 $57,391.37 $176,535.83 $11,956.47 97$188,757.70 INSTRUCTIONAL ADMINISTRATION $422,151.00 $412,163.00 $17,195.63 $76,952.32 $190,474.60 54$144,736.08 GENERAL ADMINISTRATION $30,973.00 $39,338.00 $4,485.91 $8,100.99 $31,237.01 21$0.00

$841,874.00 $828,751.00 $79,072.91 $261,589.14 $333,493.78 $233,668.08 72TOTAL EXPENSE







FUND 0412 DRUG FREE SCHOOLS

OriginalApproved

Budget





REVENUE

FEDERAL $322,172.00 $322,172.00 $225,000.00 $225,000.00 $97,172.00 70$0.00

$322,172.00 $322,172.00 $225,000.00 $225,000.00 $0.00 $97,172.00 70TOTAL REVENUE

EXPENSE

INSTRUCTION $311,315.00 $311,315.00 $118,016.64 $225,900.25 $85,414.75 73$0.00 GENERAL ADMINISTRATION $10,857.00 $10,857.00 $0.00 $0.00 $10,857.00 0$0.00

$322,172.00 $322,172.00 $118,016.64 $225,900.25 $0.00 $96,271.75 70TOTAL EXPENSE







FUND 0414 TITLE II INSTR SKILLS

OriginalApproved

Budget





REVENUE

FEDERAL $2,738,944.00 $2,752,479.00 $1,122,451.00 $1,379,655.11 $1,372,823.89 50$0.00

$2,738,944.00 $2,752,479.00 $1,122,451.00 $1,379,655.11 $0.00 $1,372,823.89 50TOTAL REVENUE

EXPENSE

INSTRUCTION $1,352,292.00 $1,366,688.00 $281,066.61 $534,514.14 $764,366.86 44$67,807.00 INSTRUCTIONAL ADMINISTRATION $1,300,665.00 $1,300,665.00 $420,292.54 $724,221.07 $417,600.32 68$158,843.61 GENERAL ADMINISTRATION $84,524.00 $85,126.00 $0.00 $0.00 $85,126.00 0$0.00 MAINTENANCE & OPERATIONS $1,463.00 $0.00 $0.00 $0.00 $0.00 0$0.00

$2,738,944.00 $2,752,479.00 $701,359.15 $1,258,735.21 $226,650.61 $1,267,093.18 54TOTAL EXPENSE







FUND 0432 HOMELESS GRANT

OriginalApproved

Budget





REVENUE

FEDERAL $100,000.00 $148,292.00 $60,900.00 $60,900.00 $87,392.00 41$0.00

$100,000.00 $148,292.00 $60,900.00 $60,900.00 $0.00 $87,392.00 41TOTAL REVENUE

EXPENSE

INSTRUCTION $91,897.00 $140,189.00 $67,138.43 $89,200.72 $50,658.28 64$330.00 PUPIL SERVICES $5,500.00 $5,500.00 $1,097.00 $1,097.00 $4,403.00 20$0.00 GENERAL ADMINISTRATION $2,603.00 $2,603.00 $0.00 $0.00 $2,603.00 0$0.00

$100,000.00 $148,292.00 $68,235.43 $90,297.72 $330.00 $57,664.28 61TOTAL EXPENSE







FUND 0434 LEARN AND SERVICE GRANT

OriginalApproved

Budget





REVENUE

FEDERAL $0.00 $19,199.00 $0.00 $5,855.19 $13,343.81 30$0.00

$0.00 $19,199.00 $0.00 $5,855.19 $0.00 $13,343.81 30TOTAL REVENUE

EXPENSE

INSTRUCTION $0.00 $19,199.00 ($2,522.64) $3,332.55 $15,866.45 17$0.00

$0.00 $19,199.00 ($2,522.64) $3,332.55 $0.00 $15,866.45 17TOTAL EXPENSE







FUND 0450 FEDERAL FUNDED GRANTS

OriginalApproved

Budget





REVENUE

FEDERAL $150,610.00 $428,814.00 $56,140.02 $149,469.36 $279,344.64 35$0.00

$150,610.00 $428,814.00 $56,140.02 $149,469.36 $0.00 $279,344.64 35TOTAL REVENUE

EXPENSE

INSTRUCTION $150,610.00 $150,610.00 $31,277.20 $61,611.18 $88,998.82 41$0.00 PUPIL SERVICES $0.00 $278,204.00 $36,213.00 $87,858.18 $131,552.02 53$58,793.80

$150,610.00 $428,814.00 $67,490.20 $149,469.36 $58,793.80 $220,550.84 49TOTAL EXPENSE







FUND 0460 TITLE III

OriginalApproved

Budget





REVENUE

FEDERAL $1,279,797.00 $1,279,797.00 $303,372.00 $606,743.70 $673,053.30 47$0.00

$1,279,797.00 $1,279,797.00 $303,372.00 $606,743.70 $0.00 $673,053.30 47TOTAL REVENUE

EXPENSE

INSTRUCTION $436,003.00 $436,003.00 $114,480.33 $232,721.47 $197,452.38 55$5,829.15 PUPIL SERVICES $511,593.00 $511,593.00 $128,686.92 $251,270.89 $256,622.11 50$3,700.00 INSTRUCTIONAL ADMINISTRATION $251,111.00 $251,111.00 $68,084.14 $119,975.62 $122,635.38 51$8,500.00 GENERAL ADMINISTRATION $15,000.00 $15,000.00 $0.00 $8,049.21 $4,050.79 73$2,900.00 STUDENT TRANSPORTATION $9,000.00 $9,000.00 $0.00 $0.00 $9,000.00 0$0.00 SUPPORT SERVICES - CENTRAL $0.00 $0.00 $0.00 $2,605.90 ($2,605.90) 0$0.00 SUPPORT SERVICES - OTHER $57,090.00 $57,090.00 $0.00 $0.00 $57,090.00 0$0.00

$1,279,797.00 $1,279,797.00 $311,251.39 $614,623.09 $20,929.15 $644,244.76 50TOTAL EXPENSE







FUND 0462 TITLE IV

OriginalApproved

Budget





REVENUE

FEDERAL $222,052.00 $725,684.00 $415,053.10 $562,244.99 $163,439.01 77$0.00

$222,052.00 $725,684.00 $415,053.10 $562,244.99 $0.00 $163,439.01 77TOTAL REVENUE

EXPENSE

INSTRUCTION $27,000.00 $27,000.00 $2,960.44 $3,986.34 $23,013.66 15$0.00 PUPIL SERVICES $191,395.00 $191,395.00 $50,935.78 $67,494.79 $119,383.35 38$4,516.86 INSTRUCTIONAL ADMINISTRATION $0.00 $760,289.00 $358,553.93 $487,568.30 $230,604.90 70$42,115.80 GENERAL ADMINISTRATION $3,657.00 $3,657.00 $1,841.95 $2,434.56 $1,222.44 67$0.00

$222,052.00 $982,341.00 $414,292.10 $561,483.99 $46,632.66 $374,224.35 62TOTAL EXPENSE







FUND 0464 TITLE V

OriginalApproved

Budget





REVENUE

FEDERAL $245,667.00 $245,667.00 $28,080.00 $56,159.40 $189,507.60 23$0.00

$245,667.00 $245,667.00 $28,080.00 $56,159.40 $0.00 $189,507.60 23TOTAL REVENUE

EXPENSE

INSTRUCTION $96,595.00 $96,595.00 $333.18 $333.18 $96,261.82 0$0.00 $108,775.00 $108,775.00 $22,999.25 $45,741.39 $63,033.61 42$0.00

INSTRUCTIONAL ADMINISTRATION $32,000.00 $32,000.00 $6,652.32 $11,989.58 $20,010.42 37$0.00 GENERAL ADMINISTRATION $8,297.00 $8,297.00 $0.00 $0.00 $8,297.00 0$0.00

$245,667.00 $245,667.00 $29,984.75 $58,064.15 $0.00 $187,602.85 24TOTAL EXPENSE







FUND 0510 ADULT EDUCATION

OriginalApproved

Budget





REVENUE

STATE $277,388.00 $257,949.00 $68,605.14 $117,840.49 $140,108.51 46$0.00 FEDERAL $620,925.00 $654,033.00 $174,092.18 $323,474.48 $330,558.52 49$0.00

$898,313.00 $911,982.00 $242,697.32 $441,314.97 $0.00 $470,667.03 48TOTAL REVENUE

EXPENSE

COMMUNITY SERVICES $898,313.00 $912,472.00 $231,900.88 $441,314.97 $470,560.34 48$596.69

$898,313.00 $912,472.00 $231,900.88 $441,314.97 $596.69 $470,560.34 48TOTAL EXPENSE







FUND 0514 HEADSTART PROGRAM

OriginalApproved

Budget





REVENUE

FEDERAL $0.00 $0.00 $0.00 $84,197.72 ($84,197.72) 0$0.00

$0.00 $0.00 $0.00 $84,197.72 $0.00 ($84,197.72) 0TOTAL REVENUE

EXPENSE

INSTRUCTION $0.00 $0.00 $17,831.07 $102,028.79 ($102,028.79) 0$0.00

$0.00 $0.00 $17,831.07 $102,028.79 $0.00 ($102,028.79) 0TOTAL EXPENSE







FUND 0532 PSYCHO-ED CENTER

OriginalApproved

Budget





REVENUE

STATE $4,754,443.00 $4,870,941.00 $1,153,620.00 $2,040,120.00 $2,830,821.00 42$0.00 FEDERAL $453,238.00 $468,238.00 $90,785.00 $224,945.00 $243,293.00 48$0.00 OTHER SOURCES $36,500.00 $36,500.00 $0.00 $36,500.00 $0.00 100$0.00

$5,244,181.00 $5,375,679.00 $1,244,405.00 $2,301,565.00 $0.00 $3,074,114.00 43TOTAL REVENUE

EXPENSE

INSTRUCTION $4,041,155.00 $3,961,728.00 $1,168,002.48 $1,720,509.85 $2,188,367.85 45$52,850.30 PUPIL SERVICES $727,488.00 $952,792.00 $237,919.55 $456,726.58 $495,607.94 48$457.48 INSTRUCTIONAL ADMINISTRATION $293,653.00 $337,045.00 $80,084.13 $162,320.63 $174,724.37 48$0.00 GENERAL ADMINISTRATION $1,813.00 $1,813.00 $0.00 $0.00 $1,813.00 0$0.00 SCHOOL ADMINISTRATION $220,575.00 $202,254.00 $48,439.34 $86,315.76 $102,793.24 49$13,145.00 SUPPORT SERVICES - BUSINESS $8,396.00 $8,946.00 $2,010.56 $3,545.67 $5,400.33 40$0.00 MAINTENANCE & OPERATIONS $28,127.00 $28,127.00 $2,093.97 $3,734.69 $24,392.31 13$0.00 STUDENT TRANSPORTATION $30,000.00 $0.00 $3,446.32 $3,446.32 ($3,446.32) 0$0.00 SUPPORT SERVICES - OTHER $8,333.00 $8,333.00 $0.00 $0.00 $8,333.00 0$0.00

$5,359,540.00 $5,501,038.00 $1,541,996.35 $2,436,599.50 $66,452.78 $2,997,985.72 46TOTAL EXPENSE







FUND 0542 GEORGIA COUNCIL FOR THE ARTS

OriginalApproved

Budget





REVENUE

STATE $30,000.00 $30,000.00 $3,000.00 $0.00 $30,000.00 0$0.00

$30,000.00 $30,000.00 $3,000.00 $0.00 $0.00 $30,000.00 0TOTAL REVENUE

EXPENSE

INSTRUCTION $30,000.00 $30,000.00 $0.00 $0.00 $30,000.00 0$0.00

$30,000.00 $30,000.00 $0.00 $0.00 $0.00 $30,000.00 0TOTAL EXPENSE







FUND 0549 DONATIONS

OriginalApproved

Budget





REVENUE

LOCAL $0.00 $126,164.00 $93,050.34 $124,813.79 $1,350.21 99$0.00

$0.00 $126,164.00 $93,050.34 $124,813.79 $0.00 $1,350.21 99TOTAL REVENUE

EXPENSE

INSTRUCTION $0.00 $130,975.00 $77,851.42 $118,764.57 $12,210.43 91$0.00 PUPIL SERVICES $0.00 $14,541.00 $1,012.06 $1,833.01 $12,707.99 13$0.00 INSTRUCTIONAL ADMINISTRATION $0.00 $2,978.00 $321.14 $764.08 $2,213.92 26$0.00 GENERAL ADMINISTRATION $0.00 $4,198.00 $0.00 $0.00 $4,198.00 0$0.00 SCHOOL ADMINISTRATION $0.00 $10,040.00 $8,500.00 $8,500.00 $1,540.00 85$0.00 SUPPORT SERVICES - CENTRAL $0.00 $1,400.00 $0.00 $0.00 $1,400.00 0$0.00

$0.00 $164,132.00 $87,684.62 $129,861.66 $0.00 $34,270.34 79TOTAL EXPENSE







FUND 0551 AFTER SCHOOL PROGRAM

OriginalApproved

Budget





REVENUE

LOCAL $7,896,401.00 $7,896,401.00 $2,445,349.63 $4,280,121.40 $3,616,279.60 54$0.00

$7,896,401.00 $7,896,401.00 $2,445,349.63 $4,280,121.40 $0.00 $3,616,279.60 54TOTAL REVENUE

EXPENSE

INSTRUCTION $698,649.00 $698,649.00 $220,377.62 $343,087.52 $355,561.48 49$0.00 COMMUNITY SERVICES $7,197,752.00 $7,253,847.00 $2,267,781.57 $3,795,094.64 $3,414,446.45 53$44,305.91

$7,896,401.00 $7,952,496.00 $2,488,159.19 $4,138,182.16 $44,305.91 $3,770,007.93 53TOTAL EXPENSE







FUND 0552 PERFORMING ARTS

OriginalApproved

Budget





REVENUE

LOCAL $370,000.00 $370,000.00 $338,167.93 $351,618.18 $18,381.82 95$0.00

$370,000.00 $370,000.00 $338,167.93 $351,618.18 $0.00 $18,381.82 95TOTAL REVENUE

EXPENSE

INSTRUCTION $494,350.00 $494,350.00 $248,266.80 $261,685.74 $196,264.26 60$36,400.00

$494,350.00 $494,350.00 $248,266.80 $261,685.74 $36,400.00 $196,264.26 60TOTAL EXPENSE







FUND 0553 TUITION SCHOOL

OriginalApproved

Budget





REVENUE

LOCAL $987,400.00 $988,400.00 $7,775.00 $137,049.56 $851,350.44 14$0.00

$987,400.00 $988,400.00 $7,775.00 $137,049.56 $0.00 $851,350.44 14TOTAL REVENUE

EXPENSE

INSTRUCTION $823,973.00 $865,479.00 $95,111.55 $273,791.34 $591,687.66 32$0.00 PUPIL SERVICES $4,620.00 $4,620.00 $0.00 $1,925.87 $2,694.13 42$0.00 INSTRUCTIONAL ADMINISTRATION $37,700.00 $37,700.00 $19,172.48 $26,042.41 $5,107.59 86$6,550.00 EDUCATIONAL MEDIA CENTERS $21,881.00 $21,881.00 $0.00 $8,412.26 $13,468.74 38$0.00 SCHOOL ADMINISTRATION $69,289.00 $69,289.00 $0.00 $29,255.76 $40,033.24 42$0.00 MAINTENANCE & OPERATIONS $23,000.00 $23,000.00 $0.00 $0.00 $23,000.00 0$0.00 SUPPORT SERVICES - CENTRAL $1,430.00 $1,430.00 $0.00 $0.00 $1,430.00 0$0.00

$981,893.00 $1,023,399.00 $114,284.03 $339,427.64 $6,550.00 $677,421.36 34TOTAL EXPENSE







FUND 0554 PUBLIC SAFETY

OriginalApproved

Budget





REVENUE

LOCAL $541,546.00 $541,546.00 $54,839.00 $57,914.00 $483,632.00 11$0.00 OTHER SOURCES $524,432.00 $524,432.00 $131,109.00 $262,214.00 $262,218.00 50$0.00

$1,065,978.00 $1,065,978.00 $185,948.00 $320,128.00 $0.00 $745,850.00 30TOTAL REVENUE

EXPENSE

MAINTENANCE & OPERATIONS $1,132,662.00 $1,132,781.00 $270,103.29 $488,667.04 $643,993.97 43$119.99

$1,132,662.00 $1,132,781.00 $270,103.29 $488,667.04 $119.99 $643,993.97 43TOTAL EXPENSE







FUND 0556 ADULT HIGH SCHOOL

OriginalApproved

Budget





REVENUE

LOCAL $74,231.00 $74,231.00 $36,243.31 $98,175.71 ($23,944.71) 132$0.00 OTHER SOURCES $259,354.00 $259,354.00 $64,839.00 $129,676.00 $129,678.00 50$0.00

$333,585.00 $333,585.00 $101,082.31 $227,851.71 $0.00 $105,733.29 68TOTAL REVENUE

EXPENSE

COMMUNITY SERVICES $296,515.00 $301,431.00 $86,628.54 $177,917.99 $106,403.14 65$17,109.87

$296,515.00 $301,431.00 $86,628.54 $177,917.99 $17,109.87 $106,403.14 65TOTAL EXPENSE







FUND 0557 ARTISTS AT SCHOOLS

OriginalApproved

Budget





REVENUE

LOCAL $2,600.00 $2,600.00 $1,045.00 $2,585.00 $15.00 99$0.00 OTHER SOURCES $7,300.00 $7,300.00 $1,824.00 $3,652.00 $3,648.00 50$0.00

$9,900.00 $9,900.00 $2,869.00 $6,237.00 $0.00 $3,663.00 63TOTAL REVENUE

EXPENSE

INSTRUCTION $9,900.00 $9,900.00 $1,858.32 $2,258.51 $7,641.49 23$0.00

$9,900.00 $9,900.00 $1,858.32 $2,258.51 $0.00 $7,641.49 23TOTAL EXPENSE







FUND 0560 PRE K LOTTERY

OriginalApproved

Budget





REVENUE

STATE $1,870,754.00 $1,870,754.00 $413,127.37 $1,047,636.83 $823,117.17 56$0.00

$1,870,754.00 $1,870,754.00 $413,127.37 $1,047,636.83 $0.00 $823,117.17 56TOTAL REVENUE

EXPENSE

INSTRUCTION $1,720,754.00 $1,720,754.00 $302,030.42 $657,514.42 $1,054,464.89 39$8,774.69 SUPPORT SERVICES - OTHER $150,000.00 $150,000.00 $27,582.73 $55,734.05 $94,265.95 37$0.00

$1,870,754.00 $1,870,754.00 $329,613.15 $713,248.47 $8,774.69 $1,148,730.84 39TOTAL EXPENSE







FUND 0580 MISCELLANEOUS GRANTS

OriginalApproved

Budget





REVENUE

LOCAL $20,000.00 $79,206.00 $2,442.14 $56,254.85 $22,951.15 71$0.00 STATE $23,000.00 $106,816.00 $11,462.56 $88,526.73 $18,289.27 83$0.00 FEDERAL $0.00 $173,070.00 $107,171.00 $152,896.17 $20,173.83 88$0.00 OTHER SOURCES $0.00 $0.00 $219,311.16 $219,311.16 ($219,311.16) 0$0.00

$43,000.00 $359,092.00 $340,386.86 $516,988.91 $0.00 ($157,896.91) 144TOTAL REVENUE

EXPENSE

INSTRUCTION $23,000.00 $217,083.00 $23,069.22 $103,484.48 $113,543.52 48$55.00 PUPIL SERVICES $0.00 $375,300.00 $39,756.01 $284,272.72 $91,027.28 76$0.00 INSTRUCTIONAL ADMINISTRATION $20,000.00 $98,427.00 $21,197.21 $22,946.87 $71,175.13 28$4,305.00 STUDENT TRANSPORTATION $0.00 $15,000.00 $0.00 $0.00 $15,000.00 0$0.00

$43,000.00 $705,810.00 $84,022.44 $410,704.07 $4,360.00 $290,745.93 59TOTAL EXPENSE







FUND 0691 UNEMPLOYMENT

OriginalApproved

Budget





REVENUE

LOCAL $288,000.00 $288,000.00 $291,720.00 $291,720.00 ($3,720.00) 101$0.00 OTHER SOURCES $0.00 $0.00 $120.00 $120.00 ($120.00) 0$0.00

$288,000.00 $288,000.00 $291,840.00 $291,840.00 $0.00 ($3,840.00) 101TOTAL REVENUE

EXPENSE

SUPPORT SERVICES - BUSINESS $170,000.00 $170,000.00 $27,556.58 $51,418.52 $118,581.48 30$0.00

$170,000.00 $170,000.00 $27,556.58 $51,418.52 $0.00 $118,581.48 30TOTAL EXPENSE







FUND 0692 SELF-INSURANCE

OriginalApproved

Budget





REVENUE

LOCAL $4,762,653.00 $4,762,653.00 $1,366,459.99 $2,785,786.85 $1,976,866.15 58$0.00 OTHER SOURCES $477,373.00 $477,373.00 $119,343.00 $238,687.00 $238,686.00 50$0.00

$5,240,026.00 $5,240,026.00 $1,485,802.99 $3,024,473.85 $0.00 $2,215,552.15 58TOTAL REVENUE

EXPENSE

SUPPORT SERVICES - BUSINESS $5,466,174.00 $5,531,930.00 $1,117,307.36 $2,495,993.98 $3,022,032.07 45$13,903.95 OPERATING TRANSFERS $0.00 $0.00 $219,311.16 $219,311.16 ($219,311.16) 0$0.00

$5,466,174.00 $5,531,930.00 $1,336,618.52 $2,715,305.14 $13,903.95 $2,802,720.91 49TOTAL EXPENSE







FUND 0694 DENTAL INSURANCE

OriginalApproved

Budget





REVENUE

LOCAL $5,335,122.00 $5,335,122.00 $1,940,268.89 $2,977,382.94 $2,357,739.06 56$0.00

$5,335,122.00 $5,335,122.00 $1,940,268.89 $2,977,382.94 $0.00 $2,357,739.06 56TOTAL REVENUE

EXPENSE

SUPPORT SERVICES - BUSINESS $5,335,122.00 $5,335,122.00 $1,069,047.26 $2,652,712.00 $2,682,410.00 50$0.00

$5,335,122.00 $5,335,122.00 $1,069,047.26 $2,652,712.00 $0.00 $2,682,410.00 50TOTAL EXPENSE







FUND 0696 PURCHASING/WAREHOUSE

OriginalApproved

Budget





REVENUE

LOCAL $4,716,411.00 $4,716,411.00 $0.00 $0.00 $4,716,411.00 0$0.00 OTHER SOURCES $1,507,322.00 $1,507,322.00 $420,668.84 $1,084,715.55 $422,606.45 72$0.00

$6,223,733.00 $6,223,733.00 $420,668.84 $1,084,715.55 $0.00 $5,139,017.45 17TOTAL REVENUE

EXPENSE

SUPPORT SERVICES - BUSINESS $6,223,733.00 $6,227,178.00 $483,804.97 $1,193,167.08 $4,960,245.39 20$73,765.53

$6,223,733.00 $6,227,178.00 $483,804.97 $1,193,167.08 $73,765.53 $4,960,245.39 20TOTAL EXPENSE







FUND 0697 FLEXIBLE BENEFITS

OriginalApproved

Budget





REVENUE

LOCAL $93,771.00 $93,771.00 $23,442.00 $46,887.00 $46,884.00 50$0.00 OTHER SOURCES $11,798.00 $11,798.00 $2,949.00 $5,900.00 $5,898.00 50$0.00

$105,569.00 $105,569.00 $26,391.00 $52,787.00 $0.00 $52,782.00 50TOTAL REVENUE

EXPENSE

SUPPORT SERVICES - BUSINESS $104,115.00 $104,115.00 $20,255.03 $35,494.75 $68,620.25 34$0.00

$104,115.00 $104,115.00 $20,255.03 $35,494.75 $0.00 $68,620.25 34TOTAL EXPENSE

CASH MANAGEMENT REPORT

BOARD INFORMATION

DATE: December 31, 2006 TOPIC: Investments/Financial Report DIVISION: Financial Services CONTACT: Robert Morales, Chief Financial Officer Mike Addison, Deputy Chief Financial Officer BACKGROUND: Financial Services provides board members three quarterly reports summarizing investment financial data. The first of these reports identifies interest earned on a year-to-date basis. The second report arranges investments by type, a measure of investment safety and liquidity. The second report also shows the current rate of return on the entire portfolio. The third report shows the individual investments by fund, financial institution and rate of interest. The financial administration has identified these different ways to inform the board of the school system's investments and keep them apprized of the financial position of the district. CONCLUDING COMMENTS: The majority of available funds are invested with the Money Market Funds and the State of Georgia in Georgia Fund One (LGIP). Revenues from the Special Purpose Local Option Sales Tax (SPLOST) are electronically deposited into the Georgia Fund One thereby enabling us to earn interest immediately. Within the next two business days, the SPLOST revenues are transferred and invested with the Money Market Funds so that a higher rate of interest is earned.

COBB COUNTY SCHOOL DISTRICT FINANCIAL SERVICES DIVISION

INTEREST ON INVESTMENTS

(Accrual Basis)

As of December 31, 2006 Interest FUND: Year-To-Date General $4,584,860.17 Bond Sinking 186,398.60 Fund 351 (County Building) 63,476.60 SPLOST 363,218.88 SPLOST2/Countywide Building (TANS) 3,481,157.88 Lunchroom 527,336.05 Total $ 9,206,448.18

`


COMBINED SCHEDULE OF INVESTMENTS - ALL FUNDS

As Of December 31, 2006

Maturity GENERAL FUND: Rate: Date Book Value Georgia Fund 1 (LGIP) 5.31 N/A $ 177,019,365.95 Money Market – Bank of America 4.90 N/A 116,604,781.59 Money Market – B B & T Bank 1.00 N/A 552.11 Grand Total $ 293,624,699.65 BOND SINKING FUND: Georgia Fund 1 (LGIP) 5.31 N/A $ 21,251,709.29 COUNTY-WIDE BUILDING FUND: 351 Georgia Fund 1 (LGIP) 5.31 N/A $ 2,381,316.56 COUNTY-WIDE/SYSTEMWIDE BUILING FUND (TANS) Money Market – SunTrust 5.43 N/A $ 0.00 SPLOST( Local Option Sales Tax) Money Market - SunTrust 5.43 N/A $ 12,485,806.39 SPLOST 2 (Local Option Sales Tax) Money Market-SunTrust 5.43 N/A $ 12,993,597.82 CENTRAL LUNCHROOM FUND: Georgia Fund 1 (LGIP) 5.43 N/A $ 21,419,110.25 GRAND TOTAL ALL INVESTMENTS $ 364,156,239.96


INVESTMENTS BY CATEGORY AND RATE OF RETURN

As of December 31, 2006

Percent of Category Amount Total Commercial Banks: Money Market 142,084,737.91 39.02 Georgia Fund 1 (LGIP): 222,071,502.05 60.98 TOTAL ALL SECURITIES $ 364,156,239.96 100.00 Year-to-date rate of return for FY 07: 5.46% Weighted Average Rate of Return on Current Holdings: 5.19% Average 3 Month Treasury Bill Rate: 4.86%

SCHOOL FOOD SERVICE OPERATION REPORT

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 1Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Elementary: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total ACWORTH $2,943.75 $7,738.43 Lunch 628 86.71% 22.8 $.820 $.765 $.104 $1.689 87.51% 20.1 $.861 $.810 $.188 $1.859 Breakfast 269 37.09% 31.5 $.593 37.88% 30.0 $.577 ADDISON $463.56CR $9,719.29CR Lunch 437 82.15% 19.0 $.855 $.961 $.161 $1.977 79.59% 15.8 $.865 $1.055 $.193 $2.113 Breakfast % % ALICE M BIRNEY $5,232.12 $27,395.14 Lunch 732 87.64% 22.9 $.790 $.698 $.156 $1.644 88.80% 20.4 $.873 $.712 $.182 $1.767 Breakfast 298 35.74% 29.2 $.648 38.15% 30.0 $.618 ARGYLE $2,275.41 $20,125.73 Lunch 685 95.38% 20.5 $1.105 $.794 $.177 $2.076 94.22% 18.9 $1.002 $.797 $.248 $2.047 Breakfast 304 42.27% 39.5 $.603 43.48% 34.0 $.583 AUSTELL $2,735.22 $19,164.94 Lunch 558 91.76% 21.1 $.864 $.780 $.136 $1.780 96.64% 19.8 $.892 $.728 $.158 $1.778 Breakfast 241 39.64% 34.1 $.566 41.34% 32.7 $.574 AUSTELL PRIMARY S $455.96 $933.10 Lunch 295 89.85% 18.6 $.821 $.959 $.193 $1.973 92.57% 16.9 $.806 $.979 $.237 $2.022 Breakfast 159 48.36% 26.8 $.603 49.06% 24.5 $.591 BAKER $1,353.13 $817.04 Lunch 606 80.66% 21.8 $.829 $.723 $.144 $1.696 78.48% 19.6 $.924 $.744 $.203 $1.871 Breakfast 139 18.54% 29.9 $.604 18.26% 34.3 $.529 BELLS FERRY $803.61 $1,093.81CR Lunch 519 88.36% 21.4 $.899 $.766 $.122 $1.787 88.82% 19.2 $.909 $.809 $.199 $1.917 Breakfast 180 30.66% 30.9 $.622 29.15% 29.1 $.599 BELMONT HILLS $5,398.33 $20,393.04 Lunch 579 90.34% 22.6 $.797 $.766 $.152 $1.715 95.90% 19.4 $.927 $.777 $.201 $1.905 Breakfast 332 51.82% 31.1 $.592 52.87% 31.6 $.580 BIG SHANTY $712.11CR $4,017.77CR Lunch 603 80.41% 22.0 $.890 $.828 $.164 $1.882 80.72% 20.2 $.862 $.852 $.182 $1.896 Breakfast 192 25.66% 35.7 $.547 26.22% 32.6 $.533 BLACKWELL $499.99 $4,725.71CR Lunch 562 79.81% 20.3 $.827 $.867 $.123 $1.817 80.29% 19.0 $.891 $.901 $.153 $1.945 Breakfast 123 17.44% 27.9 $.601 17.00% 28.3 $.597 BROWN $478.16 $8,092.12CR Lunch 208 91.23% 19.2 $.810 $.961 $.216 $1.987 88.54% 14.7 $1.067 $1.163 $.283 $2.513 Breakfast 113 49.62% 27.3 $.615 52.23% 27.1 $.604 BRUMBY $2,788.68 $19,382.15 Lunch 730 82.74% 21.2 $.981 $.825 $.183 $1.989 84.57% 20.6 $.890 $.812 $.170 $1.872 Breakfast 271 30.75% 36.8 $.595 32.18% 32.4 $.604

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 2Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Elementary: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total BRYANT $3,063.69 $9,841.15 Lunch 800 93.05% 18.8 $.874 $.935 $.117 $1.926 90.13% 18.4 $.995 $.945 $.143 $2.083 Breakfast 292 33.94% 29.5 $.575 34.45% 33.2 $.568 BULLARD $1,032.87CR $7,945.96CR Lunch 842 74.07% 19.8 $.869 $.847 $.113 $1.829 72.49% 18.1 $.918 $.830 $.127 $1.875 Breakfast % % CHALKER $1,219.75 $9,116.62CR Lunch 688 76.37% 19.1 $.887 $.841 $.137 $1.865 75.00% 17.7 $.905 $.867 $.157 $1.929 Breakfast % % CHEATHAM HILL $360.72 $1,726.77CR Lunch 810 75.93% 23.3 $.846 $.783 $.134 $1.763 76.69% 21.4 $.871 $.807 $.157 $1.835 Breakfast 163 15.24% 34.8 $.567 14.87% 33.2 $.560 CLARKDALE $827.63 $687.81 Lunch 394 91.80% 18.7 $.864 $.988 $.130 $1.982 89.78% 17.3 $.849 $1.046 $.201 $2.096 Breakfast 143 33.29% 31.7 $.535 33.60% 29.0 $.535 CLAY $2,137.98 $16,038.27 Lunch 438 94.03% 20.5 $.902 $.853 $.199 $1.954 94.00% 19.0 $.923 $.781 $.187 $1.891 Breakfast 166 35.66% 33.6 $.566 36.48% 31.1 $.579 COMPTON $3,807.24 $21,295.09 Lunch 612 92.20% 22.8 $.820 $.786 $.215 $1.821 92.31% 21.4 $.840 $.784 $.204 $1.828 Breakfast 351 52.90% 34.7 $.574 55.37% 33.2 $.571 DAVIS $2,692.31CR $20,080.72CR Lunch 436 73.50% 17.5 $1.078 $.844 $.166 $2.088 71.96% 16.0 $1.001 $.922 $.222 $2.145 Breakfast % % DOWELL $6,693.18 $20,711.72 Lunch 851 86.53% 25.6 $.690 $.706 $.096 $1.492 88.92% 21.2 $.803 $.786 $.134 $1.723 Breakfast 319 32.44% 32.4 $.546 29.81% 31.3 $.543 DUE WEST $257.63CR $7,193.45CR Lunch 290 68.42% 18.9 $.825 $.822 $.191 $1.838 63.99% 17.0 $.892 $.892 $.206 $1.990 Breakfast % % EAST SIDE $902.19CR $9,358.65CR Lunch 692 75.48% 21.9 $.911 $.751 $.158 $1.820 77.53% 19.4 $.900 $.805 $.162 $1.867 Breakfast % % EASTVALLEY $355.16 $11,497.24CR Lunch 433 78.74% 20.2 $.648 $.856 $.244 $1.748 76.91% 18.0 $.968 $.928 $.200 $2.096 Breakfast 121 22.01% 21.1 $.618 23.51% 28.8 $.604 FAIR OAKS $6,342.54 $34,350.13 Lunch 741 93.54% 24.7 $.901 $.708 $.182 $1.791 93.71% 23.1 $.941 $.703 $.189 $1.833 Breakfast 480 60.57% 38.6 $.590 65.43% 37.3 $.594

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 3Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Elementary: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total FREY $1,062.08CR $12,257.31CR Lunch 641 76.08% 18.7 $.809 $.912 $.100 $1.821 72.98% 16.7 $.864 $.936 $.131 $1.931 Breakfast % % GARRISON MILL $2,603.03CR $15,513.42CR Lunch 466 76.35% 19.2 $.897 $.921 $.178 $1.996 75.38% 17.1 $.900 $.936 $.181 $2.017 Breakfast % % GEORGE R. FORD $3,640.84CR $14,329.04CR Lunch 718 72.29% 20.8 $1.072 $.797 $.068 $1.937 72.39% 18.3 $.884 $.858 $.121 $1.863 Breakfast % % GREEN ACRES $3,450.59 $9,633.79 Lunch 602 91.59% 21.7 $.881 $.810 $.146 $1.837 92.54% 19.4 $.905 $.850 $.183 $1.938 Breakfast 300 45.66% 28.5 $.682 44.04% 27.1 $.657 HARMONY-LELAND $4,505.57 $8,854.23 Lunch 492 92.79% 23.5 $.650 $.735 $.147 $1.532 91.62% 19.6 $.920 $.848 $.193 $1.961 Breakfast 248 46.74% 29.5 $.554 45.03% 34.8 $.549 HAYES $4,661.55 $14,410.50 Lunch 810 77.72% 24.5 $.734 $.697 $.104 $1.535 78.70% 22.4 $.900 $.727 $.132 $1.759 Breakfast 234 22.47% 28.0 $.645 22.69% 31.6 $.637 HOLLYDALE $3,581.50 $25,024.77 Lunch 755 93.01% 21.4 $.883 $.830 $.142 $1.855 92.45% 19.3 $.846 $.798 $.150 $1.794 Breakfast 203 25.04% 32.7 $.604 25.39% 28.8 $.593 KEHELEY $286.48CR $14,591.64CR Lunch 422 84.21% 18.4 $.725 $1.014 $.154 $1.893 81.65% 16.8 $.872 $1.073 $.177 $2.122 Breakfast % % KEMP $611.64CR $14,599.45CR Lunch 617 73.35% 20.2 $.746 $.913 $.119 $1.778 70.34% 17.2 $.812 $1.025 $.126 $1.963 Breakfast % % KENNESAW $784.26CR $13,006.84CR Lunch 649 75.67% 17.8 $.847 $.953 $.142 $1.942 70.40% 16.1 $.881 $1.026 $.174 $2.081 Breakfast % % KINCAID $760.59CR $12,492.91CR Lunch 490 82.35% 20.2 $.863 $.901 $.128 $1.892 80.83% 17.8 $.912 $.969 $.188 $2.069 Breakfast % % KING SPRINGS $2,804.24 $8,376.06 Lunch 530 88.02% 23.3 $.773 $.787 $.081 $1.641 91.01% 20.8 $.863 $.837 $.128 $1.828 Breakfast 218 36.19% 32.4 $.604 35.47% 31.8 $.609 LABELLE $2,800.98CR $5,395.42CR Lunch 404 96.78% 19.1 $1.667 $.894 $.165 $2.726 93.16% 16.7 $1.088 $1.036 $.214 $2.338 Breakfast 137 32.77% 48.8 $.662 31.52% 29.1 $.639

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 4Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Elementary: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total LEWIS $166.01CR $10,101.48CR Lunch 842 79.69% 19.8 $.903 $.807 $.109 $1.819 79.44% 17.6 $.992 $.826 $.139 $1.957 Breakfast 143 13.56% 28.2 $.633 13.89% 27.8 $.628 MABLETON $24.92 $5,923.77CR Lunch 369 86.39% 19.7 $.934 $.906 $.176 $2.016 84.55% 17.6 $1.007 $.969 $.226 $2.202 Breakfast 160 37.58% 28.7 $.674 36.47% 28.6 $.650 MCCALL PRIMARY SC $131.96CR $6,403.98CR Lunch 345 78.52% 20.2 $.721 $.920 $.246 $1.887 85.31% 16.9 $.863 $.966 $.213 $2.042 Breakfast 136 31.05% 22.6 $.646 35.38% 23.0 $.637 MILFORD $2,995.04 $4,280.08 Lunch 567 93.15% 22.6 $.911 $.756 $.112 $1.779 94.54% 18.6 $1.048 $.850 $.160 $2.058 Breakfast 249 40.89% 32.3 $.656 41.01% 31.3 $.639 MOUNTAIN VIEW $462.22 $9,352.36CR Lunch 527 70.79% 24.1 $.741 $.783 $.083 $1.607 69.70% 19.0 $.793 $.921 $.123 $1.837 Breakfast % % MT. BETHEL $1,070.21 $4,232.81CR Lunch 598 65.93% 21.8 $.731 $.802 $.074 $1.607 64.34% 19.7 $.778 $.859 $.099 $1.736 Breakfast % % MURDOCK $1,741.70CR $17,350.03CR Lunch 596 76.14% 21.3 $.845 $.887 $.140 $1.872 73.13% 17.7 $.860 $1.004 $.169 $2.033 Breakfast % % NICHOLSON $1,676.69CR $12,661.30CR Lunch 411 79.01% 18.9 $.845 $1.014 $.157 $2.016 77.05% 18.4 $.906 $.994 $.206 $2.106 Breakfast 87 16.70% 25.2 $.635 17.92% 27.0 $.620 NICKAJACK $3,894.68 $17,295.77 Lunch 612 80.85% 23.5 $.826 $.742 $.150 $1.718 79.84% 21.5 $.848 $.776 $.189 $1.813 Breakfast 307 40.56% 38.1 $.562 42.19% 36.8 $.547 NORTON PARK $7,987.41 $22,379.55 Lunch 718 98.99% 23.8 $.489 $.727 $.131 $1.347 94.42% 20.5 $.778 $.829 $.177 $1.784 Breakfast 370 51.05% 21.6 $.571 51.24% 28.7 $.575 PITNER $1,899.95 $3,639.59 Lunch 812 77.97% 22.9 $.791 $.776 $.096 $1.663 80.93% 21.1 $.866 $.795 $.137 $1.798 Breakfast 311 29.88% 29.8 $.608 29.40% 30.2 $.604 POWDER SPRINGS $5,206.64 $9,502.96 Lunch 750 86.13% 22.6 $.695 $.747 $.115 $1.557 87.44% 20.0 $.938 $.791 $.153 $1.882 Breakfast 384 44.08% 27.5 $.571 45.62% 33.1 $.567 POWERS FERRY $2,312.78 $11,483.52 Lunch 430 91.23% 21.0 $.848 $.876 $.208 $1.932 95.27% 19.9 $.953 $.852 $.250 $2.055 Breakfast 265 56.26% 33.7 $.561 59.35% 36.5 $.539

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 5Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Elementary: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total RICHARD B RUSSELL $2,442.99 $7,598.55 Lunch 551 87.82% 21.8 $.854 $.843 $.112 $1.809 88.87% 19.5 $.872 $.905 $.147 $1.924 Breakfast 318 50.76% 34.3 $.566 51.48% 32.2 $.553 RIVERSIDE $8,509.16 $38,738.24 Lunch 727 90.56% 25.8 $.671 $.622 $.218 $1.511 95.12% 21.1 $.867 $.668 $.204 $1.739 Breakfast 452 56.39% 30.3 $.592 59.71% 33.8 $.555 RIVERSIDE PRIMARY $7,216.11 $29,963.59 Lunch 482 95.40% 28.9 $.678 $.584 $.156 $1.418 92.04% 24.3 $.793 $.656 $.203 $1.652 Breakfast 451 89.26% 36.6 $.566 84.54% 35.4 $.573 ROCKY MOUNTAIN $251.21CR $9,267.52CR Lunch 428 76.36% 21.4 $.801 $.822 $.164 $1.787 73.97% 19.1 $.846 $.902 $.192 $1.940 Breakfast % % SANDERS $5,707.92 $14,073.93 Lunch 787 89.84% 22.8 $.775 $.752 $.137 $1.664 92.86% 19.5 $.976 $.820 $.163 $1.959 Breakfast 317 36.22% 30.2 $.623 38.17% 32.6 $.612 SEDALIA PARK $339.95 $3,038.89CR Lunch 588 81.76% 17.5 $1.013 $.985 $.184 $2.182 80.30% 16.7 $1.027 $.963 $.166 $2.156 Breakfast 225 31.36% 33.6 $.556 30.47% 32.1 $.560 SHALLOWFORD FALLS $1,070.24CR $5,664.85CR Lunch 448 74.12% 18.5 $.826 $.818 $.202 $1.846 71.60% 18.7 $.869 $.801 $.181 $1.851 Breakfast % % SKY VIEW $2,089.89 $976.59 Lunch 416 96.94% 21.6 $.841 $.895 $.158 $1.894 92.26% 19.0 $.915 $.974 $.244 $2.133 Breakfast 218 50.86% 33.2 $.570 49.53% 31.7 $.572 SOPE CREEK $3,476.24CR $9,928.30CR Lunch 746 73.43% 21.9 $.795 $.799 $.152 $1.746 71.75% 19.3 $.812 $.847 $.152 $1.811 Breakfast % % STILL $829.75CR $15,616.44CR Lunch 490 78.16% 19.4 $.768 $.868 $.132 $1.768 80.28% 17.9 $.825 $.912 $.169 $1.906 Breakfast 101 16.08% 25.7 $.578 15.93% 26.3 $.561 TEASLEY $1,878.63CR $21,659.86CR Lunch 495 99.16% 16.4 $.824 $1.110 $.170 $2.104 91.46% 14.8 $.923 $1.218 $.229 $2.370 Breakfast 147 29.56% 23.1 $.643 28.15% 24.4 $.611 TIMBER RIDGE $316.78CR $8,741.26CR Lunch 321 65.93% 21.6 $.746 $.842 $.158 $1.746 64.71% 19.6 $.784 $.907 $.163 $1.854 Breakfast % % TRITT $1,311.42CR $16,595.20CR Lunch 554 68.49% 20.2 $.761 $.910 $.190 $1.861 66.52% 17.4 $.844 $.966 $.172 $1.982 Breakfast % %

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 6Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Elementary: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total VARNER $2,334.13 $9,007.87CR Lunch 624 82.25% 25.9 $.545 $.775 $.137 $1.457 78.51% 18.7 $.869 $.863 $.174 $1.906 Breakfast 226 29.83% 23.0 $.614 28.98% 27.6 $.588 VAUGHAN $630.73 $4,783.58CR Lunch 800 75.66% 20.8 $.759 $.767 $.131 $1.657 72.68% 19.3 $.812 $.796 $.150 $1.758 Breakfast % % Elementary Average $92,439.23 $78,021.82 Lunch 579 82.37% 21.2 $.830 $.819 $.144 $1.793 81.85% 19.1 $.891 $.855 $.172 $1.918 Breakfast 241 35.76% 43.3 $.595 36.23% 42.5 $.584

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 7Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Middle: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total AWTREY $406.61 $5,655.06CR Lunch 621 80.97% 20.2 $.925 $.875 $.110 $1.910 79.70% 18.3 $.928 $.928 $.156 $2.012 Breakfast % % BARBER $2,131.92 $3,636.93CR Lunch 702 77.72% 21.1 $.949 $.789 $.126 $1.864 84.96% 19.1 $1.065 $.832 $.156 $2.053 Breakfast 156 17.23% 49.6 $.403 17.96% 47.8 $.427 CAMPBELL $137.95 $11,658.60CR Lunch 891 85.97% 16.7 $1.087 $.999 $.130 $2.216 84.05% 15.7 $1.153 $1.002 $.216 $2.371 Breakfast 337 32.54% 33.6 $.540 29.00% 33.1 $.546 COOPER $2,177.73 $10,195.54 Lunch 714 76.96% 17.9 $.855 $.932 $.120 $1.907 78.77% 17.6 $.948 $.908 $.124 $1.980 Breakfast 135 14.57% 28.3 $.538 15.60% 31.7 $.527 DICKERSON $2,500.05 $2,545.56CR Lunch 686 56.57% 23.9 $.868 $.739 $.152 $1.759 54.02% 19.9 $.943 $.824 $.132 $1.899 Breakfast % % DODGEN $424.14 $899.67 Lunch 782 75.62% 22.3 $.957 $.780 $.153 $1.890 84.73% 21.5 $.940 $.777 $.138 $1.855 Breakfast % % DURHAM $2,822.80CR $8,903.11CR Lunch 561 51.62% 20.4 $1.085 $.853 $.087 $2.025 43.10% 18.5 $.931 $.911 $.133 $1.975 Breakfast % % EAST COBB $1,293.99 $16,602.66 Lunch 856 77.44% 20.1 $1.057 $.853 $.150 $2.060 79.17% 18.9 $1.018 $.841 $.147 $2.006 Breakfast 276 25.02% 41.8 $.509 22.94% 38.6 $.497 FLOYD $10,498.63 $29,135.77 Lunch 771 86.67% 23.8 $.589 $.700 $.151 $1.440 84.41% 18.9 $.977 $.742 $.166 $1.885 Breakfast 218 24.56% 30.0 $.467 29.82% 39.3 $.471 GARRETT $2,136.80 $17,721.06 Lunch 749 84.74% 18.8 $1.096 $.844 $.119 $2.059 86.36% 18.0 $1.031 $.821 $.141 $1.993 Breakfast 241 27.26% 41.6 $.496 27.61% 38.7 $.479 GRIFFIN $8,987.36 $18,878.94 Lunch 904 89.03% 22.3 $.737 $.785 $.140 $1.662 89.35% 19.9 $1.025 $.837 $.195 $2.057 Breakfast 279 27.47% 31.7 $.521 27.38% 40.1 $.511 HIGHTOWER TRAIL $3,178.66 $815.24 Lunch 669 68.16% 21.3 $.772 $.808 $.125 $1.705 70.67% 20.3 $.924 $.816 $.135 $1.875 Breakfast % % J J DANIELL $3,679.49 $9,930.10 Lunch 688 74.33% 22.0 $.871 $.736 $.140 $1.747 79.75% 21.0 $.993 $.745 $.160 $1.898 Breakfast 325 35.08% 36.5 $.525 34.59% 40.2 $.518

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 8Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Middle: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total LINDLEY $7,541.66 $46,349.35 Lunch 1,121 82.38% 19.3 $.971 $.821 $.139 $1.931 87.26% 19.6 $.958 $.789 $.159 $1.906 Breakfast 373 27.44% 40.3 $.466 30.09% 40.2 $.466 LOST MOUNTAIN $1,170.16 $6,231.25CR Lunch 663 59.65% 18.1 $.762 $.890 $.116 $1.768 52.80% 17.5 $.882 $.885 $.173 $1.940 Breakfast % % LOVINGGOOD $5,244.53 $11,904.50 Lunch 793 64.77% 22.8 $.844 $.685 $.105 $1.634 72.62% 20.0 $.960 $.725 $.152 $1.837 Breakfast 96 7.80% 35.0 $.550 7.41% 34.6 $.556 MABRY $165.40CR $4,999.06CR Lunch 596 73.05% 20.3 $.926 $.852 $.099 $1.877 75.23% 19.5 $.940 $.833 $.148 $1.921 Breakfast % % MCCLESKEY $142.69CR $2,330.23CR Lunch 582 75.11% 17.5 $1.006 $.908 $.100 $2.014 77.65% 17.4 $.960 $.876 $.156 $1.992 Breakfast 130 16.72% 35.9 $.490 17.32% 34.3 $.487 MCCLURE $2,675.43 $3,646.86 Lunch 662 67.47% 19.9 $.849 $.807 $.113 $1.769 68.75% 18.3 $.888 $.835 $.162 $1.885 Breakfast % % PALMER $3,003.13 $12,634.69 Lunch 809 73.08% 22.4 $.873 $.767 $.111 $1.751 74.66% 21.3 $.887 $.757 $.143 $1.787 Breakfast % % PINE MTN. $1,569.17 $1,934.09CR Lunch 512 70.33% 20.2 $.860 $.841 $.105 $1.806 53.50% 17.4 $.894 $.939 $.158 $1.991 Breakfast 159 21.83% 33.5 $.518 15.73% 31.0 $.502 SIMPSON $1,004.56 $15,839.43CR Lunch 367 47.85% 17.5 $.746 $.926 $.078 $1.750 50.26% 16.2 $.925 $.966 $.149 $2.040 Breakfast % % SMITHA $3,679.37 $10,086.35 Lunch 858 90.72% 19.0 $.906 $.919 $.105 $1.930 79.35% 17.6 $.987 $.953 $.158 $2.098 Breakfast 240 25.33% 35.7 $.482 24.76% 35.2 $.494 TAPP $2,494.39 $4,618.72 Lunch 686 79.49% 18.8 $.950 $.844 $.151 $1.945 73.29% 17.2 $1.010 $.878 $.194 $2.082 Breakfast 128 14.86% 35.7 $.499 12.92% 36.8 $.471 WILLIAM H BARNES $1,273.01CR $11,950.91CR Lunch 102 30.48% 21.3 $1.365 $1.012 $.225 $2.602 23.94% 12.3 $1.081 $1.581 $.291 $2.953 Breakfast 78 23.38% 59.8 $.487 18.47% 27.8 $.478 Middle Average $61,531.83 $117,735.22 Lunch 694 72.93% 20.2 $.899 $.828 $.123 $1.850 71.20% 18.7 $.965 $.849 $.157 $1.971 Breakfast 211 22.78% 59.3 $.500 22.36% 59.4 $.495

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 9Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******High: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 10Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******High: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total CAMPBELL $4,618.72 $13,103.25 Lunch 949 43.61% 19.5 $.907 $.854 $.099 $1.860 49.95% 17.7 $.984 $.859 $.111 $1.954 Breakfast 155 7.14% 32.7 $.541 6.85% 32.7 $.534 HARRISON $7,799.70 $72,387.89 Lunch 413 16.10% 23.9 $.778 $.691 $.050 $1.519 19.32% 26.5 $.759 $.600 $.071 $1.430 Breakfast % % HILLGROVE $718.83CR $1,621.13 Lunch 380 33.92% 17.1 $.837 $.949 $.077 $1.863 38.14% 18.0 $.827 $.859 $.115 $1.801 Breakfast % % KELL $100.00 $1,807.92CR Lunch 528 27.90% 15.4 $.737 $1.067 $.085 $1.889 34.44% 17.6 $.844 $.876 $.107 $1.827 Breakfast % % KENNESAW MOUNTAIN $12,465.26 $68,871.70 Lunch 703 23.75% 22.7 $.733 $.710 $.074 $1.517 27.30% 24.0 $.828 $.640 $.091 $1.559 Breakfast % % LASSITER $1,115.62 $9,681.96 Lunch 375 18.90% 18.1 $.770 $.925 $.086 $1.781 22.53% 19.8 $.832 $.811 $.102 $1.745 Breakfast % % MCEACHERN $4,019.19 $35,761.99 Lunch 1,117 40.31% 16.4 $.756 $1.033 $.083 $1.872 43.98% 19.0 $.881 $.852 $.129 $1.862 Breakfast % % NORTH COBB $8,422.44 $74,074.42 Lunch 797 31.73% 24.7 $.840 $.690 $.081 $1.611 37.64% 25.9 $.855 $.594 $.084 $1.533 Breakfast % % OSBORNE $617.80CR $20,331.70 Lunch 746 47.36% 16.7 $1.057 $1.003 $.102 $2.162 52.51% 17.1 $.936 $.865 $.110 $1.911 Breakfast 282 17.93% 37.6 $.471 16.18% 33.7 $.474 PEBBLEBROOK $10,758.42 $18,274.65 Lunch 638 35.24% 19.7 $.436 $.824 $.120 $1.380 40.12% 19.2 $.915 $.789 $.118 $1.822 Breakfast 181 10.00% 15.5 $.555 8.93% 33.5 $.524 POPE $578.04 $238.61 Lunch 360 19.72% 21.3 $.850 $.795 $.120 $1.765 22.09% 21.2 $.892 $.758 $.106 $1.756 Breakfast % % SOUTH COBB $4,875.51 $25,821.72 Lunch 637 30.40% 19.2 $.823 $.897 $.075 $1.795 33.15% 20.2 $.879 $.793 $.111 $1.783 Breakfast 155 7.40% 34.5 $.457 6.67% 38.1 $.466 SPRAYBERRY $1,886.36 $10,241.53 Lunch 448 26.01% 18.4 $.859 $.845 $.063 $1.767 29.79% 20.2 $.934 $.767 $.093 $1.794 Breakfast % %

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 11Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******High: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total WALTON $1,027.79 $37,486.11 Lunch 378 15.14% 19.9 $.917 $.840 $.080 $1.837 19.27% 23.6 $.837 $.656 $.071 $1.564 Breakfast % % WHEELER $4,432.06 $27,185.23 Lunch 386 20.88% 21.5 $.805 $.758 $.091 $1.654 23.13% 21.4 $.824 $.717 $.092 $1.633 Breakfast % % High Average $60,762.48 $413,273.97 Lunch 590 28.24% 19.7 $.803 $.841 $.084 $1.728 32.09% 20.9 $.863 $.744 $.098 $1.705 Breakfast 193 10.10% 123.1 $.502 9.21% 134.9 $.497

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 12Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal *******Other: ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total CENTRAL ACCOUNT $40,340.16 $402,003.22 Lunch % % $.000 Breakfast % % EQUIPMENT RESERVE $51,516.70 $125,496.33 Lunch % % $.000 Breakfast % % MARKETING $320.29CR Lunch % % $.000 Breakfast % % MISCELLANEOUS - C $47,600.00 $3,641.40CR Lunch % % $.000 Breakfast % % REIMBURSEMENT CLE Lunch % % $.000 Breakfast % % STAFF DEVELOPMENT $94.39 $58,787.94CR Lunch % % $.000 Breakfast % % WAREHOUSE - FOOD $93,260.37CR $113,472.83CR Lunch % % $.000 Breakfast % % Other Average $46,290.88 $351,277.09 Lunch % % $.000 Breakfast % %

Report: FSMSM0230 COBB COUNTY SCHOOL DISTRICT PAGE 13Run: THURSDAY JAN2507 14:20 Analysis of School Food Service Operation For the Month Ended DECEMBER 2006 ******************* Current Month ******************* ******************* Year-To-Date ******************** Net Income Avg Net Income Avg Meals/ Meals/ Labor ******* Cost Per Meal ******* Percent Labor ******* Cost Per Meal ******* ADP % Participation Hour Food Labor Other Total Participation Hour Food Labor Other Total System Average $261,024.42 $960,308.10 Lunch 607 63.57% 20.6 $.841 $.826 $.122 $1.789 64.29% 19.4 $.902 $.822 $.146 $1.870 Breakfast 231 28.50% 30.7 $.570 28.52% 31.5 $.561

CAPITAL PROJECTS

BOARD INFORMATION DATE: February 22, 2007 TOPIC: CAPITAL PROJECTS Funds Report:

SPLOST 1, SPLOST 2, and County Wide Building Fund DIVISION: Financial Services CONTACTS: Robert Morales, Chief Financial Officer Bonnie Tedder, Capital Projects Finance Manager SPLOST 1 FUND: This report includes financial information for these multi-year programs for the fourth quarter of calendar year 2006. Exhibit A is a review of the SPLOST 1 Revenues through December 2006. The final sales tax collections for SPLOST 1 were received in February 2004, and a pro rata distribution was received in June 2004. The total actual final receipts for SPLOST 1 of $529,885,149 were short of the projected revenues of $626,772,687 by - $96,887,538, for a variance of -15.5%. Exhibit B is a graphic presentation of actual dollar expenditures by category through December 2006. Construction expenditures represent the largest percentage of dollars spent. Exhibit C consists of two pages, which include a graphic illustration and a narrative analysis of the highlighted activities through December 2006. It shows the percentages of funds expended, encumbered and uncommitted. Exhibit D is the SPLOST Contingency Report. The report reflects the transfer of funds in and out of the fund contingency account during the period between October 1, 2006, and December 31, 2006. SPLOST 2 FUND: SPLOST 2 sales tax collections began January 1, 2004, and the first revenues were received in March 2004. Exhibit A is a review of the SPLOST 2 revenues through December 2006. Revenue collections for SPLOST 2 of $129,370,443 are 3% higher than the projected revenue of $125,576,131 for the fourth quarter of calendar year 2006. Revenue collections from inception through December 2006 of $341,234,855 are 1.4% higher than the projected revenues of $336,618,747. Exhibit B is a graphic presentation of actual dollar expenditures by category through December 2006. Exhibit C consists of two pages, which include a graphic illustration and a narrative analysis of the highlighted activities through December 2006. It shows the percentages of funds expended, encumbered and uncommitted. Exhibit D is the SPLOST 2 Contingency Report. The report reflects the transfer of funds in and out of the contingency account during the period between October 1, 2006, and December 31, 2006. COUNTY WIDE BUILDING FUND: The report includes a summary by expense category and a Contingency Report for the County Wide Building Fund. CONSOLIDATED MANAGEMENT REPORTS The SPLOST reports include a Consolidated Management Report Summary with revenues reported first and expenditures reported by major categories. The Consolidated Management Report by School lists all project budgets by school/location. Undistributed funds appear on the “Systemwide” location page and will be distributed to school locations when individual budgets are identified. Financial Services has provided you with the user ID and password necessary to access the Financial Services Portal in order to view the reports in their entirety on the Intranet.

CAPITAL PROJECTSCAPITAL PROJECTS

SPLOSTSPLOST

SPLOST REVENUES

MONTH PROJECTED ACTUAL OVER / UNDER % CHANGEBUDGET

1999 TOTALS 83,999,840 79,733,987 -4,265,853 -5.08%2000 TOTALS 111,063,771 111,698,470 634,699 0.57%2001 TOTALS 122,170,150 109,446,222 -12,723,928 -10.4%

2002 TOTALS 134,387,163 106,163,532 -28,223,631 -21.0%2003 TOTALS 147,825,879 104,588,355 -43,237,524 -29.2%2004 TOTALS 27,325,884 18,254,583 -9,071,301 -33.2%INCEPTION TO DATE 626,772,687 529,885,149 -96,887,538 -15.5%

(IN MILLIONS)(IN MILLIONS) ((ININ DOLLARSDOLLARS))

Five Year Projection $626,772,687 (at 10% Growth)Five Year Projection $626,772,687 (at 10% Growth)

Collections for SPLOST 1 ended in December 2003 with the last reCollections for SPLOST 1 ended in December 2003 with the last revenues received in venues received in February 2004. A pro rata distribution was received in June 200February 2004. A pro rata distribution was received in June 2004. SPLOST receipts of 4. SPLOST receipts of $529,885,149 fell short of the projected revenues of $626,772,68$529,885,149 fell short of the projected revenues of $626,772,687 by 7 by --$96,887,538 $96,887,538 for a variance of for a variance of --15.5%.15.5%.

Ex hib it AEx hib it A

020406080

100120140160

1999 2000 2001 2002 2003 2004

Projected Actual

0

50,000,000

100,000,000

150,000,000

200,000,000

250,000,000

THRO UGH DECEMBER 2006

Ne w S c hool s La nd Addi t i ons/ Re nov a t i ons

M a i nt e na nc e Cur r / I nst r / Te c hnol ogy S uppor t a nd S a f e t y

P r ogr a m M a na ge me nt P r ope r t y Ta x Rol l ba c k Tr a nsf e r s Out / Count y Wi de

SPLOST EXPENDITURES BY CATEGORY(IN DOLLARS)

Exhibit BExhibit B

100%

0%

0%

EXPENDED ENCUMBERED UNCOMMITTED

NEW SCHOOLS

The 12 new schools funded by SPLOST 1 have been completed. This included 2 high schools, 4 middle schools and 6 elementary schools. The final two schools built with funds from SPLOST 1 opened in August 2003.

100%


LAND

All SPLOST 1 school sites have been purchased.

ADDITIONS AND RENOVATIONS

Expenditures for addition and renovation projects since inception for ten elementary schools, five middle schools, and eleven high schools totaled $81,616,964.

CURRICULUM / INSTR / TECHNOLOGY

100%

0%

0%


During the fourth quarter of calendar year 2006, a total of $191,187 was expended for Curriculum/ Instructional/ Technology Initiatives. This included Network Closet Upgrades in the amount of $20,497 and Media Center System Replacements in the amount of $170,690.

Exhibit CExhibit C

100%

0%

0%


0

5000000

10000000

1500000020000000

25000000

30000000

35000000

40000000

Painting project expenditures totaled $1,452 during the fourth quarter of calendar year 2006.

PROGRAM MANAGEMENT

There were no expenditures for program management for the fourth quarter of calendar year 2006.

Expenditures for Emergency Call Back Systems totaled $1,655 during the fourth quarter of calendar year 2006.

MAINTENANCE

86%

0%

14%

EXP EN D ED EN C UM B ER ED UN C OM M IT T ED

99%

0%

1%

EXPENDED ENCUMBERED UNCO MMITTED

SUPPORT AND SAFETY

98%

2%

0%


Exhibit C Exhibit C (cont.)(cont.)

PROPERTY TAX ROLLBACK

A total of $116,500,000 has been expended for the purpose of Property Tax Rollback through December 2006.

98%

2%0%


SPLOST CONTINGENCY REPORT

Beginning Balance - October 1, 2006 9,352,899.00$

Transfers In

1. Transfer unused funds for the Brown ES Painting project at project closeout. 11/15/06 $1482. Transfer unused funds for the Awtrey MS Painting project at project closeout. 11/20/06 $1,000

TOTAL TRANSFERS IN $1,148

Transfers Out

1. Transfer funds to establish budgets for the following projects: 10/26/06 $8,062,259Pine Mountain MS Roofing - $1,950,465Ford ES Roofing - $1,238,722Dickerson MS Roofing - $1,844,388Brumby ES Roofing - $771,940Rose Garden Roofing - $484,848Davis ES Roofing - $1,437,558Campbell MS Roofing - $165,672

2. Transfer funds to establish budget for King Springs ES for call back buttons. 10/31/06 $1,6553. Transfer funds to establish budget for Big Shanty ES for the purchase and installation

of 52 classroom call back buttons. 11/20/06 $9,8054. Transfer funds to establish budget for the Pope HS Painting project. 12/21/06 $343,485

TOTAL TRANSFERS OUT $8,417,204

SPLOST FUND CONTINGENCY BALANCE as of December 31, 2006 936,843.00$

COBB COUNTY SCHOOL DISTRICT

CONSOLIDATED MANAGEMENT REPORT

REPORT: SPM2040-S3 V2.2

SUMMARY BY INITIATIVE

FOR THE MONTH ENDING

FOR 1998 1% SALES TAX (SPLOST 1) FUND ONLY SPLOST MANAGEMENT SYSTEM

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Run: 2/2/2007 11:10:19AM

ACCOUNT ORIGINAL BUDGET REVISED BUDGET RECEIVED

OVER(-)/

UNDER BUDGET % RECD

REVENUE

SPLOST REVENUE $626,772,687.00 $529,885,149.00 $529,885,148.53 $0.47 100

INTEREST INCOME $0.00 $8,100,872.00 $8,090,452.71 $10,419.29 100

STATE CAP OUTLAY GROWTH $0.00 $32,970,878.00 $32,970,878.00 $0.00 100

STATE CAP OUTLAY REGULAR $0.00 $22,749,047.00 $22,749,047.00 $0.00 100

TRANSFERS FROM OTHER FDS $0.00 $7,762,074.00 $7,762,074.00 $0.00 100

$10,419.76 100$626,772,687.00 $601,468,020.00 $601,457,600.24 REVENUE FUND TOTAL

ACCOUNT ORIGINAL BUDGET REVISED BUDGET EXPENDED ENCUMBERED UNCOMMITTED %COMM

EXPENSE

NEW SCHOOLS/LAND

$16.07 100$69,743,484.00 $73,986,070.00 $73,986,053.93 $0.00 NEW HIGH SCHOOLS

$36.60 100$71,576,908.00 $62,818,133.00 $62,818,096.40 $0.00 NEW MIDDLE SCHOOLS

$43.48 100$75,842,932.00 $69,668,070.00 $69,668,026.52 $0.00 NEW ELEMENTARY SCHOOLS

$0.43 100$20,000,000.00 $21,313,602.00 $21,313,601.57 $0.00 LAND ACQUISITION

$237,163,324.00 $227,785,875.00 $227,785,778.42 $0.00 $96.58 100NEW SCHOOLS/LAND TOTAL

ADDITIONS/RENOVATIONS

$28.63 100$25,340,470.00 $46,522,791.00 $46,522,762.37 $0.00 HIGH SCHOOL ADDITIONS

$10.46 100$9,337,228.00 $16,402,490.00 $16,402,479.54 $0.00 MIDDLE SCHOOL ADDITIONS

$29.25 100$16,968,277.00 $18,691,751.00 $18,691,721.75 $0.00 ELEMENTARY SCHOOL ADDITIONS

$0.00 0$14,000,000.00 $0.00 $0.00 $0.00 ADDL CLASSROOMS-UNDISTRIBUTED

$65,645,975.00 $81,617,032.00 $81,616,963.66 $0.00 $68.34 100ADDITIONS/RENOVATIONS TOTAL

MAINTENANCE

$325,654.22 90$10,343,319.00 $3,185,844.00 $2,847,694.98 $12,494.80 MAINTENANCE-PAINTING

$10.76 100$14,006,803.00 $9,559,815.00 $9,559,804.24 $0.00 MAINTENANCE-REFLOORING

$8,062,267.36 58$16,286,284.00 $19,264,629.00 $11,202,361.64 $0.00 MAINTENANCE-REROOFING

$2.00 100$500,000.00 $238,880.00 $238,878.00 $0.00 MAINTENANCE-WATER PIPING







12/31/2006

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EXPENSE

$4.23 100$10,816,918.00 $6,391,786.00 $6,391,781.77 $0.00 MAINTENANCE-HVAC

$5.50 100$3,500,000.00 $2,044,335.00 $2,044,329.50 $0.00 MAINTENANCE-PAVING

$0.00 0$30,000,001.00 $0.00 $0.00 $0.00 LOCAL SCHOOL REQUESTS

$1,116.79 100$0.00 $1,837,427.00 $1,836,310.21 $0.00 APPENDIX B1.1 GENERAL REPAIRS

$2.04 100$0.00 $353,052.00 $353,049.96 $0.00 APPENDIX B1.2 ELEC REPAIRS

$3.02 100$0.00 $392,286.00 $392,282.98 $0.00 APPENDIX B1.3 ELEC UPGRADES

$2,207.32 100$0.00 $643,708.00 $628,537.68 $12,963.00 APPENDIX B1.4 REPAIR/UPGRADES

$10.89 100$0.00 $611,390.00 $611,379.11 $0.00 APPENDIX B1.5 PLAYFIELD UPGR

$0.31 100$0.00 $316,875.00 $316,874.69 $0.00 APPENDIX B1.6 INTERIOR LIGHTS

$8.92 100$0.00 $833,796.00 $833,787.08 $0.00 APPENDIX B1.7 DRAINAGE UPGRADE

$4.70 100$0.00 $245,019.00 $245,014.30 $0.00 APPENDIX B1.8 DRAINAGE UPGRADE

$5.05 100$0.00 $331,807.00 $331,801.95 $0.00 APPENDIX B1.9 WINDOW/DOOR UPGR

$3.48 100$0.00 $1,061,401.00 $1,061,397.52 $0.00 APPENDIX B1.10 RESTROOM UPGR

$5.44 100$0.00 $293,131.00 $293,125.56 $0.00 APPENDIX B1.11 LANDSCAPING UPG

$19.06 100$0.00 $555,245.00 $555,225.94 $0.00 APPENDIX B1.12 EXTERIOR LIGHTS

$0.91 100$0.00 $566,682.00 $566,681.09 $0.00 APPENDIX B1.13 LOCKER/BLEACHER

$2,360.93 100$0.00 $7,645,539.00 $7,643,178.07 $0.00 APPENDIX B1.14 BUILDING UPGR

$6.83 100$0.00 $2,889,342.00 $2,889,335.17 $0.00 APPENDIX B1.15 PAVING/PARKING

$85,453,325.00 $59,261,989.00 $50,842,831.44 $25,457.80 $8,393,699.76 86MAINTENANCE TOTAL

CURRICULUM/INSTR/TECHNOLOGY

$0.49 100$336,000.00 $295,776.00 $295,775.51 $0.00 4003-ART MULTIMEDIA PKG PK-12

$0.59 100$1,416,000.00 $1,136,581.00 $1,136,580.41 $0.00 4014-WRITING LABS 9-12

$0.79 100$262,500.00 $256,091.00 $256,090.21 $0.00 4018-FOREIGN LANG LABS 9-12

$0.60 100$1,068,000.00 $1,063,915.00 $1,063,914.40 $0.00 4024-MATH COMP/DISP STA 9-12

$0.54 100$64,240.00 $53,234.00 $53,233.46 $0.00 4030-MATH CALCULATOR PANEL 6-8

$0.09 100$70,000.00 $58,440.00 $58,439.91 $0.00 4040-CULTURAL DIV LAPTOP PK-12

$0.00 0$1,280,000.00 $0.00 $0.00 $0.00 4043-ACCEL READER/STAR LBS K-8

$0.00 100$945,500.00 $825,978.00 $825,978.00 $0.00 4047-MUSIC IN EDUCATN LBS K-5

$0.84 100$628,800.00 $587,233.00 $587,232.16 $0.00 4048-MUSIC COMPUTER WKSTA 6-12

$0.00 100$108,750.00 $108,316.00 $108,316.00 $0.00 4049-PE HEART RATE MONTRS 9-12







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EXPENSE

$0.13 100$756,000.00 $422,337.00 $422,336.87 $0.00 4058-LITERACY LABS 6-8

$0.53 100$1,540,000.00 $1,330,993.00 $1,330,992.47 $0.00 4064-BUSINESS ED LABS 9-12

$0.00 100$172,000.00 $221,312.00 $221,312.00 $0.00 4080-STD MICROSCOPES SCI K-8

$0.44 100$4,350,000.00 $3,153,789.00 $3,153,788.56 $0.00 4081-MS MULTIMEDIA COMP 6-8

$0.46 100$59,400.00 $29,217.00 $29,216.54 $0.00 4082-SCI VIDEO MICROSCOPY 6-8

$0.00 0$132,000.00 $0.00 $0.00 $0.00 4083-DIGITAL VIDEO LASER K-8

$0.43 100$1,749,000.00 $1,746,272.00 $1,746,271.57 $0.00 4089-SCI MULTIMEDIA PKG 9-12

$0.32 100$211,200.00 $252,218.00 $252,217.68 $0.00 4092-SCI/BIO VIDEO MICRO 9-12

$0.81 100$57,350.00 $45,143.00 $45,142.19 $0.00 4093-CHEMISTRY LAB METERS 9-12

$0.46 100$86,660.00 $63,216.00 $63,215.54 $0.00 4120-ART KILN VENT/SAFTY PK-12

$2.15 100$10,687,500.00 $10,500,865.00 $10,500,862.85 $0.00 4122-ES MULTIMEDIA COMP K-5

$0.24 100$417,500.00 $356,136.00 $356,135.76 $0.00 4124-SOCIAL STUDIES COMP 9-12

$0.98 100$1,064,520.00 $541,790.00 $541,789.02 $0.00 5010-SUPPORT STAFF EQUIP PK-12

$0.44 100$320,510.00 $317,929.00 $317,928.56 $0.00 6001-FINANCIAL SVC TECH EQUIP

$0.10 100$369,400.00 $332,096.00 $332,095.90 $0.00 6002-BOOKKEEPER REPL EQUIPMENT

$137,758.90 97$3,553,000.00 $5,433,000.00 $5,295,241.10 $0.00 7004-NETWORK CLOSET UPGD PK-12

$0.12 100$2,337,200.00 $713,936.00 $713,935.88 $0.00 7015-CALLER ID/UPGRADE PK-12

$0.77 100$894,500.00 $233,960.00 $233,959.23 $0.00 7022-STAFF DEVELOP CTR PK-12

$0.00 0$580,500.00 $0.00 $0.00 $0.00 7023-MOBILE TRAINING LBS PK-12

$0.62 100$5,024,670.00 $3,798,981.00 $3,508,347.38 $290,633.00 7031-MEDIA CEN SYS REPL PK-12

$0.12 100$9,200,000.00 $5,535,027.00 $5,535,026.88 $0.00 7032-UPGR WAN/INTERNET PK-12

$1.19 100$4,687,500.00 $4,691,399.00 $4,691,397.81 $0.00 7035-MFRAME/DATA CTR RFB PK-12

$0.02 100$1,045,000.00 $2,258,741.00 $2,258,740.98 $0.00 7048-REPLACE SEVERS SIS PK-12

$0.00 100$962,500.00 $962,500.00 $962,500.00 $0.00 7067-REPLACE OBS COPIERS PK-12

$0.00 0$1,905,000.00 $0.00 $0.00 $0.00 7121-STANDARDIZ ADM COMP PK-12

$0.90 100$1,919,840.00 $3,995,981.00 $3,995,980.10 $0.00 7126-REMOTE SUPPT EQUPT PK-12

$0.35 100$940,800.00 $926,455.00 $926,454.65 $0.00 7128-UPGRADE SERVERS PK-12

$0.61 100$967,050.00 $1,221,017.00 $1,221,016.39 $0.00 8001-ASSISTIVE TECH/MILD PK-12

$0.00 0$260,000.00 $0.00 $0.00 $0.00 8002-SP ED TCHR COMP EQ PK-12

$0.17 100$46,400.00 $30,569.00 $30,568.83 $0.00 8010-SOCIAL WKR COMP EQ PK-12







12/31/2006

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EXPENSE

$0.12 100$46,500.00 $47,721.00 $47,720.88 $0.00 8011-PSYCHOGST LAPTOPS PK-12

$0.15 100$34,200.00 $33,324.00 $33,323.85 $0.00 8014-ADVSMT GCIS EQ/SFTWR 9-12

$0.30 100$66,000.00 $65,990.00 $65,989.70 $0.00 8017-SPEC ED SEBD EQPT PK-12

$0.80 100$1,509,700.00 $1,478,309.00 $1,478,308.20 $0.00 8020-SPEC ED READ LABS 6-12

$0.73 100$35,900.00 $27,011.00 $27,010.27 $0.00 8021-TECH EQ/ORTHOPED IMPR K-8

$0.70 100$265,410.00 $265,250.00 $265,249.30 $0.00 8022-TECH EQ/SVRE DISBLE PK-12

$74.18 100$10,743,000.00 $6,193,638.00 $6,193,563.82 $0.00 9010-LOCAL SCH TECH REQ PK-12

$75,177,500.00 $61,611,686.00 $61,183,200.82 $290,633.00 $137,852.18 100CURRICULUM/INSTR/TECHNOLOGY TOTAL

SUPPORT & SAFETY IMPROVEMENTS

$23,549.13 100$12,721,263.00 $4,837,164.00 $4,207,273.67 $606,341.20 HIGH SCHOOLS CAREER & TECH

$0.32 100$700,000.00 $78,477.00 $78,476.68 $0.00 HOME EC SAFETY CODE IMPROV

$0.31 100$1,000,000.00 $706,496.00 $706,495.69 $0.00 REPLACEMENT/NEW ALARM SYSTEMS

$0.00 100$300,000.00 $299,600.00 $299,600.00 $0.00 SAFES FOR ALL SCHOOLS

$0.64 100$2,000,000.00 $1,928,773.00 $1,928,772.36 $0.00 RENOVATIONS FOR ACCESSIBILITY

$1.36 100$6,000,000.00 $5,520,098.00 $5,520,096.64 $0.00 SCHOOL LEVEL FURN/INSTR EQUIP

$0.97 100$2,400,000.00 $1,487,109.00 $1,487,108.03 $0.00 PE-TENNIS COURTS/TRACK RESURFC

$0.60 100$3,000,000.00 $3,184,683.00 $3,184,682.40 $0.00 PE-GIRLS SOFTBALL FIELDS

$0.70 100$10,000,000.00 $10,046,907.00 $10,046,906.30 $0.00 BUSES/VEHICLES/EQUIPMENT

$0.75 100$2,000,000.00 $469,268.00 $469,267.25 $0.00 SECURITY FENCING/SIGNAGE

$0.25 100$2,000,000.00 $1,238,016.00 $1,238,015.75 $0.00 PLAYGROUND EQUIPMENT

$0.00 100$179,000.00 $178,991.00 $178,991.00 $0.00 UPGRADE UHF COMMUNICATIONS SYS

$0.24 100$1,000,000.00 $710,702.00 $700,897.00 $9,804.76 EMERGENCY CALL BACK SYSTEMS

$0.19 100$1,000,000.00 $1,000,000.00 $999,999.81 $0.00 CCTV SURVEILLANCE SYSTEMS

$0.09 100$32,300.00 $31,988.00 $31,987.91 $0.00 SAF/SEC COMMUNICATION CTR UPGR

$0.75 100$4,000,000.00 $3,997,946.00 $3,997,945.25 $0.00 PERSONNEL NEEDS

$48,332,563.00 $35,716,218.00 $35,076,515.74 $616,145.96 $23,556.30 100SUPPORT & SAFETY IMPROVEMENTS TOTAL

PROGRAM MANAGEMENT

$129,983.92 99$0.00 $8,877,405.00 $8,747,421.08 $0.00 PROGRAM MANAGEMENT FEES







12/31/2006

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EXPENSE

$884.89 99$0.00 $60,000.00 $59,115.11 $0.00 ADVERTISEMENTS FOR BID

$64.10 36$0.00 $100.00 $35.90 $0.00 BANK SERVICE CHARGES

$0.00 $8,937,505.00 $8,806,572.09 $0.00 $130,932.91 99PROGRAM MANAGEMENT TOTAL


$2,000,000.00 98$115,000,000.00 $118,500,000.00 $116,500,000.00 $0.00 PROPERTY TAX ROLLBACK

$115,000,000.00 $118,500,000.00 $116,500,000.00 $0.00 $2,000,000.00 98PROPERTY TAX ROLLBACK TOTAL

TRANSFERS TO OTHER FUNDS

$0.00 100$0.00 $7,100,872.00 $7,100,872.00 $0.00 TRANSFERS OUT/ COUNTY WIDE

$0.00 $7,100,872.00 $7,100,872.00 $0.00 $0.00 100TRANSFERS TO OTHER FUNDS TOTAL

CONTINGENCY

$936,843.00 0$0.00 $936,843.00 $0.00 $0.00 GENERAL CONTINGENCY

$0.00 0$0.00 $0.00 $0.00 $0.00 TECHNOLOGY CONTINGENCY

$0.00 $936,843.00 $0.00 $0.00 $936,843.00 0CONTINGENCY TOTAL

$11,623,049.07 98$626,772,687.00 $601,468,020.00 $588,912,734.17 TOTAL ALL GROUPS $932,236.76

$932,236.76 $11,623,049.07 98EXPENSE FUND TOTAL $626,772,687.00 $601,468,020.00 $588,912,734.17


SPLOST 2 SPLOST 2

SPLOST 2 REVENUES

MONTH PROJECTED ACTUAL OVER / UNDER % CHANGEBUDGET

2004 TOTALS 92,574,567 96,300,833.54 3,726,266.37 4.0%2005 TOTALS 118,468,049 115,563,578.62 -2,904,470.38 -2.5%JANUARY 10,022,412 10,104,382.53 81,970.53 0.8%FEBRUARY 11,536,935 11,925,320.58 388,385.58 3.4%MARCH 9,549,197 10,342,382.54 793,185.54 8.31%APRIL 9,755,443 10,212,376.31 456,933.31 4.68%MAY 10,085,092 10,233,876.09 148,784.09 1.48%JUNE 10,791,262 11,191,795.83 400,533.83 3.71%JULY 10,728,895 10,364,329.26 -364,565.74 -3.40%AUGUST 10,686,795 11,150,201.11 463,406.11 4.3%SEPTEMBER 10,646,753 11,533,350.85 886,597.85 8.3%OCTOBER 10,437,699 11,791,302.81 1,353,603.81 13.0%NOVEMBER 10,728,001 12,932,810.43 2,204,809.43 20.6%DECEMBER 10,607,647 7,588,314.29 -3,019,332.71 -28.5%2006 TOTALS 125,576,131 129,370,442.63 3,794,311.63 3.0%INCEPTION TO DATE 336,618,747 341,234,855 4,616,107.79 1.4%

(IN MILLIONS)(IN MILLIONS)

20062006

((ININ DOLLARSDOLLARS))

Five Year Projection $636,504,317 (at 6% Growth)Five Year Projection $636,504,317 (at 6% Growth)

20062006

On September 16, 2003, Cobb County residents voted to renew the On September 16, 2003, Cobb County residents voted to renew the Special Purpose Local Special Purpose Local Option Sales Tax (SPLOST) for five more years. Tax collections Option Sales Tax (SPLOST) for five more years. Tax collections began on January 1, 2004, and began on January 1, 2004, and the first payment was received in March 2004. Total SPLOST 2 rthe first payment was received in March 2004. Total SPLOST 2 receipts in the amount of eceipts in the amount of $341,234,855 received through the fourth quarter of calendar yea$341,234,855 received through the fourth quarter of calendar year 2006 were more than the r 2006 were more than the projected revenues of $336,618,747 by $4,616,108, for a varianceprojected revenues of $336,618,747 by $4,616,108, for a variance of 1.4%. The total of 1.4%. The total collection fee to date retained by the State is $3,432,233.collection fee to date retained by the State is $3,432,233.

Ex hib it AEx hib it A

20062006

0

2

4

6

8

10

12

14

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

PROJECTED ACTUAL

0

50,000,000

100,000,000

150,000,000

200,000,000

THRO UGH DECEMBER 2006

Ne w S c hool s La nd Addi t i ons/ Re nov a t i ons

M a i nt e na nc e Cur r / I nst r / Te c hnol ogy S uppor t a nd S a f e t y

P r ogr a m M a na ge me nt P r ope r t y Ta x Rol l ba c k

Exhibit BExhibit B

SPLOST 2 EXPENDITURES BY CATEGORY(IN DOLLARS)

61%24%

15%


NEW SCHOOLS Construction is continuing on Pickett’s Mill Elementary School and Allatoona High School. They will open in August 2008. A total of $10,962,729 has been spent for new school construction, furniture and equipment during the fourth quarter of 2006.

86%


LAND

A purchase of additional property for Mableton Elementary School in the amount of $741,776 occurred during the fourth quarter of 2006.

ADDITIONS AND RENOVATIONSConstruction projects are currently in progress for Addison, Fair Oaks, Labelle, Milford, Murdock, Norton Park, Russell, Sedalia Park, Shallowford Falls and Still Elementary Schools, Campbell, Daniell, East Cobb, Hightower Trail, Lost Mountain, and Pine Mountain Middle Schools, and Campbell, Walton and Wheeler High Schools. Furniture and equipment purchases are continuing at Floyd, Griffin, Mabry and Smitha Middle Schools and Pebblebrook High School. A total of $14,501,192 has been spent for additions and renovations during the fourth quarter of calendar year 2006. The Board awarded a contract for construction for the addition project at Due West Elementary School in December.

CURRICULUM / INSTR / TECHNOLOGY

23%3%

74%


Expenditures for the fourth quarter of calendar year 2006 totaled $875,911 for the Curriculum Instructional Technology Initiatives. Refresh Obsolete Workstations expenditures totaled $50,880. $104,061 was expended on the Refresh District Printers. A total of $40,127 was expended for the Refresh District Servers Initiative. Laptop computers purchased under the Computing Device for Every Teacher had a credit of $1,442 during the fourth quarter. $682,285 was expended for Copier/Duplicators during this period.

Exhibit CExhibit C

66%

19%

15%


0

5000000

10000000

1500000020000000

25000000

30000000

35000000

40000000Expenditures for maintenance projects totaled $678,085 during the fourth quarter of 2006. This included expenditures for emergency generators, main switchgear/panel upgrades, HVAC and HVAC-PE, painting, telescoping bleachers, track resurfacing projects, and annex building renovations.

PROGRAM MANAGEMENT

During the fourth quarter of 2006, $555,816 was expended on Program Management fees for SPLOST 2 projects.

Expenditures for Support and Safety for the fourth quarter of 2006 totaled $1,455,159. This included renovations for accessibility projects, buses, vehicles and equipment, food service upgrades, school level furniture and equipment, security fencing and signage, surveillance cameras, local school requests and personnel needs.

MAINTENANCE

56%

1%

43%

EXP EN D ED EN C UM B ER ED UN C OM M IT T ED

69%

31%0%


SUPPORT AND SAFETY

Exhibit C Exhibit C (cont.)(cont.)


A total of $46,000,000 has been expended to date from SPLOST 2 funds for the purpose of Property Tax Rollback. 67%

0%

33%


34%

2%64%


SPLOST 2 CONTINGENCY REPORT

Beginning Balance - October 1, 2006 41,340,905$

Transfers In

1. Transfer unused funds from the Walton HS Addition F&E accounts at project closeout. 10/17/06 $127,2092. Transfer unused funds from the Smitha MS Addition/Renovation closeouts at project closeout. 10/17/06 $1,344,6133. Transfer unused funds from the following projects at project closeout: 10/24/06 $77,189

Rocky Mount ES Switchgear/Panel Upgrade - $45,594Awtrey MS Switchgear/Panel Upgrade - $31,595

4. Transfer unused funds from the Argyle ES Painting project at project closeout. 10/31/06 $58,6785. Transfer unused funds from the Bells Ferry ES Painting project at project closeout. 10/31/06 $23,1986. Transfer unused funds from the Big Shanty ES Painting project at project closeout. 10/31/06 $68,9077. Transfer unused funds from the Clay ES Painting project at project closeout. 10/31/06 $17,3188. Transfer unused funds from the Haven @ Fitzhugh Lee Painting project per project closeout. 10/31/06 $3,4729. Transfer funds from Undistributed Copier/Duplicator Refresh initiative to reduce budget. The original

budget is more than the anticipated expenditures so funds are being reduced. 10/31/06 $502,25010. Transfer unused funds from the following projects at project closeout. 11/02/06 $27,222

Davis ES HVAC PE Gym - $8,153Garrison Mill ES HVAC PE Gym - $4,653Green Acres ES HVAC PE Gym - $6,526Keheley ES HVAC PE Gym - $7,890

11. Transfer unused funds from the following projects at project closeout. 11/06/06 $54,499Dowell ES HVAC PE Gym - $3,813Frey ES HVAC PE Gym - $8,850Hayes ES HVAC PE Gym - $8,360Kemp ES HVAC PE Gym - $33,476

12. Transfer unused funds from the Hollydale ES Painting project at project closeout. 11/06/06 $62,64413. Transfer funds from the Undistributed Copier/Duplicator Refresh initiative to reduce budget by

$1,000,000 until a plan is developed for the remaining funds in the initiative. $502,250 was transferred on 10/31/06. 11/09/06 $497,750

14. Transfer unused funds from the Compton ES Door Locks project at project closeout. 11/15/06 $11,59415. Transfer unused funds from the Powder Springs ES Door Locks project at project closeout. 11/15/06 $13,38716. Transfer unused funds from the Hollydale ES Door Locks project at project closeout. 11/15/06 $4,44217. Transfer unused funds from the Sprayberry HS Outdoor Lighting project at project closeout. 11/15/06 $4,07018. Transfer unused funds from the following projects at project closeout. 11/21/06 $165,519

Campbell HS Track Resurfacing - $104,455Kennesaw Mtn HS Track Resurfacing - $61,064

19. Transfer unused funds from the following projects at project closeout. 11/27/06 $35,478McCleskey MS HVAC PE Gym - $12,463Palmer MS HVAC PE Gym - $11,069Simpson MS HVAC PE Gym - $11,946

20. Transfer unused funds from the following projects at project closeout. 11/27/06 $66,670Cooper MS HVAC PE Gym - $1,235Garrett MS HVAC PE Gym - $52,690Lindley MS HVAC PE Gym - $12,745

21. Transfer unused funds from the following projects at project closeout. 11/27/06 $11,342Cooper MS Air Condition Kitchen - $5,671Palmer MS HVAC Kitchen - $5,671

22. Transfer unused funds from the Osborne HS Addition F&E account at project closeout. 12/07/06 $62923. Transfer unused funds from the Barber MS New School project at project closeout. 12/7/06 $9,70924. Transfer unused funds from the Dickerson MS Addition F&E accounts at project closeout. 12/07/06 $4,17625. Transfer unused funds from the Pebblebrook HS Addition project at project closeout. 12/12/06 $238,33226. Transfer unused funds from the following projects at project closeout. 12/30/06 $2

Garrison Mill ES Emergency Generator - $1Lassiter HS Emergency Generator - $1

118. Transfer funds to increase budget for SPLOST 2 Fund Contingency by the amount of interest earned for FY06. 12/30/06 $2,981,311

TOTAL TRANSFERS IN $6,411,610

Transfers Out

1. Transfer funds to increase the miscellaneous budget for the Griffin MS Addition project to cover an invoicefrom Richardson Associates Electronics to rewire old intercom system. 10/23/06 $21,329

2. Transfer funds to increase the budget for the Lassiter HS HVAC - Cooling Tower project to cover 6011#SPII01738 to replace six runs of conduit from the pump room to the cooling tower. 10/23/06 $1,177

3. Transfer funds to increase the budget for the Lewis ES Addition miscellaneous account to cover pay application #01, dated 10/10/06, from ACL Controls of GA. 10/26/06 $1,210

Transfers Out (continued)

4. Transfer funds to establish budgets for the Computing Device for Every Teacher Initiative for 87 school sites due to the increase in the number of teachers hired and an anticipated 2% growth through December 2008. 10/30/06 $502,250

5. Transfer funds to increase the budget for the Mabry MS Addition miscellaneous account to cover cost ofcontrols for exterior lighting. 11/02/06 $11,240

6. Transfer funds to increase the budget for the Austell Primary miscellaneous account to cover cost of thefrench drain around the playscape and to run a line to drop inlet per 610 #C-221. 11/06/06 $10,648

7. Transfer funds to increase the budget for the Lewis ES Addition miscellaneous account to cover 610#C-222 to remove the existing concrete ditch, repour to allow proper drainage, and change the slope onthe building gutter for proper drainage to the trench drain. $9,625

8. Transfer funds to increase the budget for the Still ES Addition contractor account per 6011 #CD SPII01717due to unsuitable soil mitigation and excess water table issues. 11/15/06 $96,561

9. Transfer funds to increase the budget for the Riverside Primary miscellaneous account to cover an invoicefrom the Kleen Air Research. 11/30/06 $378

10. Transfer funds to increase the budget for the Still ES Addition miscellaneous account due to unforeseen issuesthat have depleted the budget. This amount is a conservative estimate of additional funds needed. 12/07/06 $50,000

11. Transfer funds to increase the following construction budgets per schedule of values received. 12/07/06 $22,850East Side ES School Sign - $9,545East Side ES Replace Canopy - $3,760Powers Ferry ES School Sign - $9,545

12. Transfer funds to increase the Still ES Addition construction account per Central Office Staff CoordinationRecord #CDSPII01766 for unsuitable soil mitigation at retaining wall C. 12/07/06 $18,842

13. Transfer funds to increase the Due West ES Addition construction account per board agenda Itemdated 12/14/06. 12/21/06 $363,579

TOTAL TRANSFERS OUT $1,109,689

SPLOST 2 FUND CONTINGENCY BALANCE as of December 31, 2006 46,642,826$






FOR 2003 1% SALES TAX (SPLOST 2) FUND ONLY 2003 1% SALES TAX (SPLOST 2)

12/31/2006

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OVER(-)/

UNDER BUDGET % RECD

REVENUE

SPLOST 2 REVENUE $636,504,317.00 $636,504,317.00 $344,667,087.93 $291,837,229.07 54

SPLOST 2 COLLECTION FEE $0.00 $0.00 ($3,432,233.14) $3,432,233.14 0

SPLOST 2 INTEREST INCOME $0.00 $5,680,833.00 $5,680,833.16 ($0.16) 100

STATE CAP OUTLAY GROWTH $0.00 $30,370,797.00 $1,870,959.00 $28,499,838.00 6

STATE CAP OUTLAY REGULAR $0.00 $8,291,478.00 $4,794,270.20 $3,497,207.80 58

HOUSE BILL 1187 #2 REV $59,743,363.00 $60,498,610.00 $56,630,715.00 $3,867,895.00 94

$331,134,402.85 55$696,247,680.00 $741,346,035.00 $410,211,632.15 REVENUE FUND TOTAL


EXPENSE

NEW SCHOOLS/LAND

$23,707,539.28 78$94,539,000.00 $109,344,882.00 $45,458,193.30 $40,179,149.42 NEW HIGH SCHOOLS

$4,684,920.53 92$66,357,170.00 $61,912,775.00 $56,837,195.14 $390,659.33 NEW MIDDLE SCHOOLS

$4,860,592.43 90$43,869,322.00 $49,718,926.00 $31,679,098.36 $13,179,235.21 NEW ELEMENTARY SCHOOLS

$2,496,314.72 86$18,000,000.00 $18,000,000.00 $15,503,685.28 $0.00 LAND ACQUISITION

$222,765,492.00 $238,976,583.00 $149,478,172.08 $53,749,043.96 $35,749,366.96 85NEW SCHOOLS/LAND TOTAL


$13,204,307.87 77$56,479,312.00 $57,547,728.00 $32,720,481.54 $11,622,938.59 HIGH SCHOOL ADDITIONS

$6,111,585.48 92$68,531,562.00 $76,159,049.00 $60,350,840.65 $9,696,622.87 MIDDLE SCHOOL ADDITIONS

$9,958,080.99 85$47,814,422.00 $66,604,675.00 $40,339,575.74 $16,307,018.27 ELEMENTARY SCHOOL ADDITIONS

$172,825,296.00 $200,311,452.00 $133,410,897.93 $37,626,579.73 $29,273,974.34 85ADDITIONS/RENOVATIONS TOTAL

MAINTENANCE

$2.41 100$171,500.00 $178,548.00 $178,545.59 $0.00 EMERGENCY GENERATOR - ES

$0.02 100$110,250.00 $90,365.00 $90,364.98 $0.00 EMERGENCY GENERATOR - HS

$99,985.16 95$9,493,750.00 $1,837,670.00 $1,723,424.26 $14,260.58 MAIN SWITCHGEAR/PANEL UPGR- ES

$1,028,693.21 46$4,998,000.00 $1,889,459.00 $822,014.69 $38,751.10 MAIN SWITCHGEAR/PANEL UPGR- HS







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EXPENSE

$679,943.31 42$3,675,000.00 $1,165,870.00 $485,926.69 $0.00 MAIN SWITCHGEAR/PANEL UPGR- MS

$0.56 100$2,688,882.00 $778,785.00 $778,784.44 $0.00 FLOORING

$1.44 100$4,042,500.00 $1,265,287.00 $1,265,285.56 $0.00 SPORTS LIGHTING

$8,574,798.63 40$28,001,025.00 $14,407,171.00 $5,650,545.64 $181,826.73 HVAC

$538,209.97 89$7,152,162.00 $4,709,182.00 $4,170,972.03 $0.00 HVAC - PE

$8.79 100$1,014,503.00 $584,371.00 $584,362.21 $0.00 PAINTING

$1,903,302.00 16$4,010,383.00 $2,260,942.00 $323,974.98 $33,665.02 PAVING

$989,230.00 0$2,129,050.00 $989,230.00 $0.00 $0.00 PLUMBING - FIXTURES

$660,277.00 0$990,916.00 $660,277.00 $0.00 $0.00 PLUMBING - PIPING

$0.00 0$130,508.00 $0.00 $0.00 $0.00 SPRINKLER (FIRE SUPPRESSION)

$133,596.00 0$183,748.00 $133,596.00 $0.00 $0.00 UTILITIES - SANITARY SEWER

$597,648.88 40$1,029,000.00 $997,542.00 $330,243.66 $69,649.46 TELESCOPING BLEACHERS

$0.00 0$149,450.00 $0.00 $0.00 $0.00 TENNIS COURTS - NEW

$0.00 0$98,000.00 $0.00 $0.00 $0.00 TENNIS COURTS - RESURFACING

$2.26 100$1,225,000.00 $738,033.00 $738,030.74 $0.00 TRACKS - RESURFACING

$1.14 100$7,965,518.00 $2,335,183.00 $2,335,181.86 $0.00 ROOFING

$10.20 100$1,287,770.00 $782,637.00 $782,626.80 $0.00 ROOFING - METAL REFINISH

$228,300.83 7$51,450.00 $244,336.00 $8,531.97 $7,503.20 ANNEX BUILDING RENOVATIONS

$80,598,365.00 $36,048,484.00 $20,268,816.10 $345,656.09 $15,434,011.81 57MAINTENANCE TOTAL

CURRICULUM/INSTR/TECHNOLOGY

$30,923,499.13 4$32,263,200.00 $32,263,200.00 $1,217,362.07 $122,338.80 REFRESH OBSOLETE WORKSTATIONS

$6,826,400.00 2$6,976,000.00 $6,976,000.00 $126,036.00 $23,564.00 REFRESH DISTRICT PRINTERS

$1,327,958.90 24$1,750,000.00 $1,750,000.00 $254,820.25 $167,220.85 REFRESH DISTRICT SERVERS

$4,940,639.96 1$5,000,000.00 $5,000,000.00 $22,707.96 $36,652.08 REFRESH DISTRICT NETWORK

$129,502.00 99$11,250,000.00 $11,752,250.00 $11,039,028.00 $583,720.00 COMPUTING DEVICE/TEACHER

$2,000,000.00 33$3,000,000.00 $3,000,000.00 $1,000,000.00 $0.00 DATA CENTER EQUIPMENT REFRESH

$1,960,000.00 0$1,960,000.00 $1,960,000.00 $0.00 $0.00 MOBILE COMPUTING ACCESS

$7,579,807.76 40$13,559,327.00 $12,559,327.00 $3,888,660.88 $1,090,858.36 COPIER/DUPLICATOR REFRESH







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EXPENSE

$75,758,527.00 $75,260,777.00 $17,548,615.16 $2,024,354.09 $55,687,807.75 26CURRICULUM/INSTR/TECHNOLOGY TOTAL


$1,304,116.57 48$3,000,000.00 $2,487,047.00 $1,094,228.70 $88,701.73 RENOVATIONS FOR ACCESSIBILITY

$6,982,470.87 13$8,000,000.00 $8,000,000.00 $1,017,529.13 $0.00 ACCESS CONTROLS

$241,962.71 96$6,000,000.00 $6,000,000.00 $5,741,912.29 $16,125.00 BUSES, VEHICLES & EQUIPMENT

$366,419.24 86$3,000,000.00 $2,546,319.00 $2,091,841.18 $88,058.58 FOOD SERVICE UPGRADES

$1,678,288.87 58$4,000,000.00 $4,000,000.00 $2,321,711.13 $0.00 PERSONNEL NEEDS

$2,899,849.05 52$6,000,000.00 $6,000,000.00 $3,000,869.35 $99,281.60 SCHOOL LEVEL FURNITURE & EQUIP

$221,580.60 54$500,000.00 $483,503.00 $185,006.90 $76,915.50 SECURITY FENCING & SIGNAGE

$1,054,524.55 47$2,000,000.00 $2,000,000.00 $572,748.74 $372,726.71 SURVEILLANCE CAMERAS

$4,000,000.00 0$4,000,000.00 $4,000,000.00 $0.00 $0.00 HUMAN RESOURCES

$3,000,000.00 0$3,000,000.00 $3,000,000.00 $0.00 $0.00 FINANCIAL SERVICES

$136,052.86 92$1,800,000.00 $1,800,000.00 $1,663,947.14 $0.00 PORTABLE CLASSROOM REPAIRS

$3,877,451.00 0$4,000,000.00 $3,877,451.00 $0.00 $0.00 UNDESIGNATED CLASSROOMS

$14,339,396.96 20$30,000,000.00 $18,011,236.00 $3,308,069.61 $363,769.43 LOCAL SCHOOL REQUESTS

$75,300,000.00 $62,205,556.00 $20,997,864.17 $1,105,578.55 $40,102,113.28 36SUPPORT & SAFETY IMPROVEMENTS TOTAL

PROGRAM MANAGEMENT

$6,910.00 100$0.00 $12,823,157.00 $8,802,039.02 $4,014,207.98 PROGRAM MANAGEMENT FEES

$38,636.90 49$0.00 $75,600.00 $35,513.10 $1,450.00 ADVERTISEMENTS FOR BID

$0.00 0$0.00 $0.00 $0.00 $0.00 PERFORMANCE AUDIT SERVICES

$1,256.27 21$0.00 $1,600.00 $343.73 $0.00 BANK SERVICE CHARGES

$0.00 $12,900,357.00 $8,837,895.85 $4,015,657.98 $46,803.17 100PROGRAM MANAGEMENT TOTAL

ELECTION EXPENSE

$0.00 0$0.00 $0.00 $0.00 $0.00 ELECTION EXPENSE







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EXPENSE

$0.00 $0.00 $0.00 $0.00 $0.00 0ELECTION EXPENSE TOTAL


$23,000,000.00 67$69,000,000.00 $69,000,000.00 $46,000,000.00 $0.00 PROPERTY TAX ROLLBACK

$69,000,000.00 $69,000,000.00 $46,000,000.00 $0.00 $23,000,000.00 67PROPERTY TAX ROLLBACK TOTAL

CONTINGENCY

$46,642,826.00 0$0.00 $46,642,826.00 $0.00 $0.00 GENERAL CONTINGENCY

$0.00 $46,642,826.00 $0.00 $0.00 $46,642,826.00 0CONTINGENCY TOTAL

$245,936,903.31 67$696,247,680.00 $741,346,035.00 $396,542,261.29 TOTAL ALL GROUPS $98,866,870.40

$98,866,870.40 $245,936,903.31 67EXPENSE FUND TOTAL $696,247,680.00 $741,346,035.00 $396,542,261.29


COUNTY WIDE BUILDING FUNDCOUNTY WIDE BUILDING FUND

COUNTY WIDE CONTINGENCY REPORT

Beginning Balance - October 1, 2006 $532,037.00

Transfers In

1 Transfer unused funds from the Dodgen MS Replace Pipe project. Project was completed with theDodgen MS Addition project #1185 in SPLOST 2. 11/06/06 35,000.00$

2 Transfer unused funds from the Kennesaw Warehouse ADA Audiology Door project. Project wascompleted with the Kennesaw Warehouse ADA Audiology project #1438 in SPLOST 2. 11/06/06 5,000.00$

3 Transfer unused funds from the Hollydale ES Replace Carpet project at project closeout. 12/20/06 210,634.00$ 4 Transfer unused funds from the following projects at project closeout. 12/20/06 5,401.00$

Dickerson MS Ropes Course - $2,648Griffin MS Ropes Course - $2,648Mabry MS Ropes Course - $105

Total Transfers In 256,035.00$

Transfers Out

1 Transfer funds to establish budget for Pebblebrook HS for the installation of a key switch on the2nd floor elevator door per 610 #M-094. 10/09/06 1,462.00$

2 Transfer funds to establish budget to provide funding for water treatment in HVAC systemsat various schools per 610 #M-095. 10/17/06 45,000.00$

3 Transfer funds to establish budget for Brumby Intermediate to provide locksets on classroomdoors per 610 #M-096. 10/31/06 4,210.00$

4 Transfer funds to establish budget for Hillgrove HS for wetlands mitigation monitoring plan. 11/06/06 15,000.00$ 5 Transfer funds to establish budget at 514 Glover Street for aerial photos of 122 school district

sites per 610 #C-225. 11/29/06 40,260.00$ 6 Transfer funds to establish budget at Oakwood HS cover invoice from W.E. Construction for

the addition of a sidewalk & patio. 12/07/06 5,400.00$ 7 Transfer funds to establish budget at Osborne HS to provide a "kill switch" for the equipment

used by the students in the construction lab per 610 #C-227. 12/19/06 13,000.00$

Total Transfers Out 124,332.00$

County Wide Fund Contingency balance as of December 31, 2006 $663,740.00






FOR COUNTY WIDE BUILDING FUND ONLY COUNTY WIDE BUILDING FUND

12/31/2006

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OVER(-)/

UNDER BUDGET % RECD

REVENUE

INTEREST INCOME $0.00 $2,936,531.00 $2,954,024.33 ($17,493.33) 101

OTHER LOCAL REVENUES $0.00 $923,595.00 $840,023.77 $83,571.23 91

LOTTERY GRANTS $0.00 $75,483.00 $75,483.00 $0.00 100

CAPTIAL OUTLAY GRANTS $0.00 $600,794.00 $600,793.30 $0.70 100

OTHER GRANTS GA D.O.E. $0.00 $826,172.00 $776,171.86 $50,000.14 94

TRANSFERS FROM OTHER FDS $500,000.00 $23,027,321.00 $23,027,320.51 $0.49 100

SALE OF ASSETS $0.00 $1,598,999.00 $1,598,999.00 $0.00 100

REIMBURSEMENT FOR DAMAGES $0.00 $116,594.00 $116,594.62 ($0.62) 100

$116,078.61 100$500,000.00 $30,105,489.00 $29,989,410.39 REVENUE FUND TOTAL


EXPENSE

NEW SCHOOLS/LAND

$1,272.00 100$0.00 $350,000.00 $348,728.00 $0.00 NEW HIGH SCHOOLS

$0.34 100$0.00 $66,877.00 $66,876.66 $0.00 NEW MIDDLE SCHOOLS

$0.88 100$0.00 $29,110.00 $29,109.12 $0.00 NEW ELEMENTARY SCHOOLS

$1.85 100$0.00 $1,137,680.00 $1,137,678.15 $0.00 LAND ACQUISITION

$0.00 $1,583,667.00 $1,582,391.93 $0.00 $1,275.07 100NEW SCHOOLS/LAND TOTAL


$0.40 100$0.00 $2,592,283.00 $2,503,925.60 $88,357.00 HIGH SCHOOL ADDITIONS

$0.91 100$0.00 $83,126.00 $83,125.09 $0.00 MIDDLE SCHOOL ADDITIONS

$0.00 100$0.00 $697,793.00 $697,793.00 $0.00 ELEMENTARY SCHOOL ADDITIONS

$0.00 $3,373,202.00 $3,284,843.69 $88,357.00 $1.31 100ADDITIONS/RENOVATIONS TOTAL

MAINTENANCE

$1.39 100$0.00 $78,467.00 $78,465.61 $0.00 MAINTENANCE-PAINTING

$4.11 100$0.00 $1,309,605.00 $1,309,600.89 $0.00 MAINTENANCE-REFLOORING







12/31/2006

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EXPENSE

$0.00 100$0.00 $57,866.00 $57,866.00 $0.00 MAINTENANCE-REROOFING

$0.59 100$0.00 $24,982.00 $24,981.41 $0.00 MAINTENANCE-WATER PIPING

$28,720.80 97$0.00 $908,919.00 $870,361.00 $9,837.20 MAINTENANCE-HVAC

$470,593.74 11$0.00 $527,466.00 $56,872.26 $0.00 MAINTENANCE-PAVING

$1.86 100$0.00 $129,003.00 $129,001.14 $0.00 MAINTENANCE-GENERAL/OTHER

$0.86 100$0.00 $2,422.00 $2,421.14 $0.00 HVAC

$0.00 100$0.00 $8,484.00 $8,484.00 $0.00 APPENDIX B1.1 GENERAL REPAIRS

$0.00 $3,047,214.00 $2,538,053.45 $9,837.20 $499,323.35 84MAINTENANCE TOTAL


$0.00 100$0.00 $11,027.00 $11,027.00 $0.00 REPLACEMENT/NEW ALARM SYSTEMS

$1.58 100$0.00 $112,358.00 $112,356.42 $0.00 RENOVATIONS FOR ACCESSIBILITY

$0.00 100$0.00 $77,714.00 $77,714.00 $0.00 PE-TENNIS COURTS/TRACK RESURFC

$0.00 0$0.00 $0.00 $0.00 $0.00 PE-GIRLS SOFTBALL FIELDS

$1.80 100$0.00 $181,437.00 $181,435.20 $0.00 SECURITY FENCING/SIGNAGE

$0.00 100$0.00 $150,973.00 $150,973.00 $0.00 PLAYGROUND EQUIPMENT

$0.00 0$0.00 $0.00 $0.00 $0.00 EMERGENCY CALL BACK SYSTEMS

$1.51 100$0.00 $65,709.00 $65,707.49 $0.00 CCTV SURVEILLANCE SYSTEMS

$3.95 100$0.00 $422,806.00 $422,802.05 $0.00 ATHLETIC/PE IMPROVEMENTS

$0.50 100$0.00 $28,453.00 $28,452.50 $0.00 CANOPIES/AWNINGS

$567,472.51 46$0.00 $1,041,731.00 $408,224.49 $66,034.00 CONSULTANTS/SURVEYS/APPRAISALS

$0.50 100$0.00 $37,446.00 $37,445.50 $0.00 DEMOLITION

$14.60 100$0.00 $243,433.00 $243,418.40 $0.00 DOORS/WINDOWS

$3.39 100$0.00 $266,608.00 $266,604.61 $0.00 DRAINAGE/EROSION IMPROVEMENTS

$13,009.13 94$0.00 $225,183.00 $210,712.30 $1,461.57 ELECTRICAL MODIFICATIONS

$0.00 100$0.00 $16,760.00 $1,760.00 $15,000.00 ENVIRONMENTAL ISSUES

$3.19 100$0.00 $205,515.00 $205,511.81 $0.00 FIRE CODE COMPLIANCE

$0.00 100$0.00 $1,205.00 $1,205.00 $0.00 FOOD SERVICE RENOVATION

$0.85 100$0.00 $140,633.00 $140,632.15 $0.00 FUEL STA/UG STORAGE/PNT BOOTH

$3.50 100$0.00 $1,183,127.00 $1,183,123.50 $0.00 LIGHTING UPGRADES/IMPROVEMENTS

$0.25 100$0.00 $91,270.00 $91,269.75 $0.00 LOCKER UPGRADES/IMPROVEMENTS







12/31/2006

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EXPENSE

$146,541.30 98$0.00 $6,902,686.00 $6,739,591.13 $16,553.57 PORTABLE CLASSROOM LEASE

$336,351.77 7$0.00 $362,530.00 $26,178.23 $0.00 SEWER/SEPTIC NEEDS

$0.00 100$0.00 $3,335.00 $3,335.00 $0.00 SPECIAL NEEDS

$0.00 $11,771,939.00 $10,609,479.53 $99,049.14 $1,063,410.33 91SUPPORT & SAFETY IMPROVEMENTS TOTAL

PROGRAM MANAGEMENT

$0.00 0$0.00 $0.00 $0.00 $0.00 PROGRAM MANAGEMENT FEES

$137.30 31$0.00 $200.00 $62.70 $0.00 BANK SERVICE CHARGES

$0.00 $200.00 $62.70 $0.00 $137.30 31PROGRAM MANAGEMENT TOTAL

COMMUNITY AFFAIRS GRANTS

$3,202.88 100$0.00 $825,832.00 $822,629.12 $0.00 COMMUNITY AFFAIRS GRANTS

$0.00 $825,832.00 $822,629.12 $0.00 $3,202.88 100COMMUNITY AFFAIRS GRANTS TOTAL

INSTRUCTIONAL AREA IMPROVEMENT

$2.47 100$0.00 $243,931.00 $243,928.53 $0.00 INSTRUCTIONAL AREA RENOVATION

$0.00 100$0.00 $14,913.00 $14,913.00 $0.00 CURRICULUM & INSTRUCTION

$0.00 $258,844.00 $258,841.53 $0.00 $2.47 100INSTRUCTIONAL AREA IMPROVEMENT TOTAL

LOCAL SCHOOL REQUESTS

$2.21 100$0.00 $66,446.00 $66,443.79 $0.00 LOCAL SCHOOL REQUESTS

$0.00 $66,446.00 $66,443.79 $0.00 $2.21 100LOCAL SCHOOL REQUESTS TOTAL

CASUALTY LOSS

$1.89 100$0.00 $316,726.00 $316,724.11 $0.00 CASUALTY LOSS

$0.00 $316,726.00 $316,724.11 $0.00 $1.89 100CASUALTY LOSS TOTAL







12/31/2006

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EXPENSE

TECHNOLOGY IMPROVEMENTS

$1.86 100$0.00 $40,082.00 $40,080.14 $0.00 WIRING FOR TECHNOLOGY

$0.79 100$0.00 $16,245.00 $16,244.21 $0.00 DATA CABLING

$1.07 100$0.00 $306,904.00 $306,902.93 $0.00 TECHNOLOGY EQUIPMENT

$1.17 100$0.00 $72,374.00 $72,372.83 $0.00 OTHER

$0.00 $435,605.00 $435,600.11 $0.00 $4.89 100TECHNOLOGY IMPROVEMENTS TOTAL

TRANSFERS TO OTHER FUNDS

$0.00 100$0.00 $7,762,074.00 $7,762,074.00 $0.00 TRANSFERS OUT / SPLOST

$0.00 $7,762,074.00 $7,762,074.00 $0.00 $0.00 100TRANSFERS TO OTHER FUNDS TOTAL

CONTINGENCY

$663,740.00 0$500,000.00 $663,740.00 $0.00 $0.00 GENERAL CONTINGENCY

$500,000.00 $663,740.00 $0.00 $0.00 $663,740.00 0CONTINGENCY TOTAL

$2,231,101.70 93$500,000.00 $30,105,489.00 $27,677,143.96 TOTAL ALL GROUPS $197,243.34

$197,243.34 $2,231,101.70 93EXPENSE FUND TOTAL $500,000.00 $30,105,489.00 $27,677,143.96

Cash Mgmt BOARD INFORMATION Dec 06 - Cobb County …€¦ · · 2007-03-16z Page 2 3) School Food...

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Transcript of Cash Mgmt BOARD INFORMATION Dec 06 - Cobb County …€¦ · · 2007-03-16z Page 2 3) School Food...