School Jurisdictions Financial Information

download School Jurisdictions Financial Information

of 45

  • date post

    04-Jun-2018
  • Category

    Documents

  • view

    215
  • download

    0

Embed Size (px)

Transcript of School Jurisdictions Financial Information

  • 8/13/2019 School Jurisdictions Financial Information

    1/45

    2012-2013Education

    Annual Report

    179

    Summary of School JurisdictionsFINANCIALINFORMATION

  • 8/13/2019 School Jurisdictions Financial Information

    2/45

    2012-2013Education

    Annual Report

    180

    OTHERINFORMATION

    UNAUDITED

    SUMMARYOFSCHOOLJUR

    ISDICTIONSFINANCIALINFORMATION

    Unaudited Summary of School JurisdictionsFinancial Information

    (includes School Boards and Charter Schools)

    Unaudited Summary of School Jurisdictions Statements of Financial Position

    Unaudited Summary of School Jurisdictions Statements of Operations and Changes inFinancial Position

    Summary of Significant Accounting Policies

    Disclosure of Salaries and Benefits for Superintendent Positions

    For additional information:

    The audited financial statements of school jurisdictions are available on AlbertaEducations website athttp://education.alberta.ca/admin/funding/audited

    A printed copy of the audited financial statements of school jurisdictions (in threevolumes) is available for reference at the following Alberta depository libraries: Alberta Government Library 44 Capital Boulevard SiteAlberta Legislature LibraryCalgary Public LibraryEdmonton Public Library University of Alberta Library University of Calgary Library

    http://education.alberta.ca/admin/funding/audited.aspxhttp://education.alberta.ca/admin/funding/audited.aspx
  • 8/13/2019 School Jurisdictions Financial Information

    3/45

    2012-2013Education

    Annual Report

    181

    Statements of Financial PositionAs at August 31, 2012

    Almadina Aspen View Aurora Battle River

    School Regional School RegionalSociety Div. # 19 Ltd. Div. # 31

    ASSETS

    Current:

    Cash and temporary investments 1,659,486$ 9,392,879$ 3,956,685$ 8,548,200$

    Accounts receivable (net after allowances) 106,799 477,263 70,991 1,226,023

    Prepaid expenses 121,062 85,355 1,738 411,242

    Other current assets - - - 329,393

    1,887,347 9,955,497 4,029,414 10,514,858

    Trust assets - - - 1,060,971

    Long term accounts receivable - - - -

    Long term investments - - - -

    Capital assets 432,173 22,246,225 2,880,273 37,740,340

    TOTAL ASSETS 2,319,520$ 32,201,722$ 6,909,687$ 49,316,169$

    LIABILITIES

    Current:

    Bank indebtedness -$ -$ -$ -$

    Accounts payable and accrued liabilities 548,102 2,382,204 302,433 3,455,358

    Deferred revenue 107,305 1,264,400 24,171 2,826,806

    Deferred capital allocations - 2,563,332 - 120,546

    Current portion of long term debt - 396,215 - 590,294

    655,407 6,606,151 326,604 6,993,004

    Trust liabilities - - - 1,060,971

    Employee future benefits liability - 434,516 - -

    Long Term Debt - 862,488 - 2,154,105

    Other long term liabilities - - - -Unamortized capital allocations 364,508 18,592,243 1,456,826 21,949,743

    TOTAL LIABILITIES 1,019,915$ 26,495,398$ 1,783,430$ 32,157,823$

    NET ASSETS

    Unrestricted net assets 1,231,940$ 1,912,963$ 3,702,810$ -$

    Operating Reserves - 902,690 - 3,827,588

    Accumulated Operating Surplus (Deficit) 1,231,940 2,815,653 3,702,810 3,827,588

    Investment in capital assets 67,665 2,395,279 1,423,447 13,046,199

    Capital Reserves* - 495,392 - 284,559

    Total Capital Funds 67,665 2,890,671 1,423,447 13,330,758

    Total net assets 1,299,605$ 5,706,324$ 5,126,257$ 17,158,346$

    TOTAL LIABILITIES AND NET ASSETS 2,319,520$ 32,201,722$ 6,909,687$ 49,316,169$

    *Capital reserves are funds set aside by the board to meet future capital

    expenditures. Once the capital reserves are established, the funds

    cannot be spent on operating purposes without prior ministerial approval.

    ** Ceased operations after June 30, 2012

    (in dollars)

  • 8/13/2019 School Jurisdictions Financial Information

    4/45

    2012-2013Education

    Annual Report

    182

    OTHERINFORMATION

    UNAUDITED

    SUMMARYOFSCHOOLJUR

    ISDICTIONSFINANCIALINFORMATION

    Statements of Financial PositionAs at August 31, 2012

    ASSETS

    Current:

    Cash and temporary investments

    Accounts receivable (net after allowances)

    Prepaid expenses

    Other current assets

    Trust assets

    Long term accounts receivable

    Long term investments

    Capital assets

    TOTAL ASSETS

    LIABILITIES

    Current:

    Bank indebtedness

    Accounts payable and accrued liabilities

    Deferred revenue

    Deferred capital allocations

    Current portion of long term debt

    Trust liabilities

    Employee future benefits liability

    Long Term Debt

    Other long term liabilitiesUnamortized capital allocations

    TOTAL LIABILITIES

    NET ASSETS

    Unrestricted net assets

    Operating Reserves

    Accumulated Operating Surplus (Deficit)

    Investment in capital assets

    Capital Reserves*

    Total Capital Funds

    Total net assets

    TOTAL LIABILITIES AND NET ASSETS

    *Capital reserves are funds set aside by the board to meet future capital

    expenditures. Once the capital reserves are established, the funds

    cannot be spent on operating purposes without prior ministerial approval.

    ** Ceased operations after June 30, 2012

    Buffalo Trail

    Public Calgary

    Black Gold Boyle Street Schools Arts

    Regional Education Regional AcademyDiv. # 18 Centre Div. # 28 Society

    11,332,089$ 1,480,438$ 3,797,924$ 602,448$

    2,020,473 56,406 692,466 26,463

    277,789 6,768 353,965 80,356

    298,693 13,079 3,178 -

    13,929,044 1,556,691 4,847,532 709,267

    277,268 31,489 772,061 -

    - - - -

    4,043,096 - - -

    64,289,125 13,248 38,399,050 467,14782,538,533$ 1,601,428$ 44,018,643$ 1,176,414$

    -$ -$ -$ -$

    4,896,402 16,445 1,835,152 130,728

    1,157,969 20,981 1,018,257 299,372

    540,236 - 20,440 -

    456,734 - 590,261 -

    7,051,341 37,426 3,464,110 430,100

    277,268 31,489 772,061 -

    157,472 - - -

    312,300 - 2,248,674 -

    - - - -56,673,817 - 32,930,453 210,31664,472,198$ 68,915$ 39,415,298$ 640,416$

    570,687$ 1,519,265$ 798,971$ 279,167$

    8,377,401 - 1,016,797 -

    8,948,088 1,519,265 1,815,768 279,167

    6,846,273 13,248 2,629,662 256,831

    2,271,974 - 157,915 -

    9,118,247 13,248 2,787,576 256,831

    18,066,335$ 1,532,513$ 4,603,345$ 535,998$82,538,533$ 1,601,428$ 44,018,643$ 1,176,414$

    (in dollars)

  • 8/13/2019 School Jurisdictions Financial Information

    5/45

    2012-2013Education

    Annual Report

    183

    Statements of Financial PositionAs at August 31, 2012

    ASSETS

    Current:

    Cash and temporary investments

    Accounts receivable (net after allowances)

    Prepaid expenses

    Other current assets

    Trust assets

    Long term accounts receivable

    Long term investments

    Capital assets

    TOTAL ASSETS

    LIABILITIES

    Current:

    Bank indebtedness

    Accounts payable and accrued liabilities

    Deferred revenue

    Deferred capital allocations

    Current portion of long term debt

    Trust liabilities

    Employee future benefits liability

    Long Term Debt

    Other long term liabilitiesUnamortized capital allocations

    TOTAL LIABILITIES

    NET ASSETS

    Unrestricted net assets

    Operating Reserves

    Accumulated Operating Surplus (Deficit)

    Investment in capital assets

    Capital Reserves*

    Total Capital Funds

    Total net assets

    TOTAL LIABILITIES AND NET ASSETS

    *Capital reserves are funds set aside by the board to meet future capital

    expenditures. Once the capital reserves are established, the funds

    cannot be spent on operating purposes without prior ministerial approval.

    ** Ceased operations after June 30, 2012

    Calgary

    Calgary Roman Calgary

    Girls' Catholic Sep. Calgary Science

    School School School SchoolSociety Dist. # 1 Dist. # 19 Society

    4,407,874$ 50,099,407$ 88,201,220$ 1,746,010$

    41,410 20,879,308 27,641,345 53,544

    82,767 2,186,703 10,442,951 87,753

    4,194 846,623 495,736 -

    4,536,245 74,012,041 126,781,252 1,887,307

    - 383,963 - -

    8,854 - - -

    - - 107,741,671 -

    91,823 409,894,314 824,050,531 699,9714,636,922$ 484,290,318$ 1,058,573,454$ 2,587,278$

    -$ -$ -$ -$

    183,244 37,639,520 72,254,825 77,829

    900,423 7,044,480 50,318,781 825,783

    - 6,091,202 12,512,153 -

    54,022 296,389 5,455,223 -

    1,137,689 51,071,591 140,540,982 903,612

    - 383,963 - -

    6,543 109,300 18,977,061 -

    - 1,008,399 24,552,414 -

    - - 326,877 -- 376,142,364 674,472,561 321,293

    1,144,232$ 428,715,617$ 858,869,895$ 1,224,905$

    3,454,888$ 6,764,526$ 2,810,336$ -$

    - 4,471,943 25,699,990 983,695

    3,454,888 11,236,469 28,510,326 983,695

    37,802 32,447,163 119,570,333 378,678

    - 11,891,069 51,622,900 -

    37,802 44,338,232 171,193,233 378,678

    3,492,690$ 55,574,701$ 199,703,559$ 1,362,373$4,636,922$ 484,290,318$ 1,058,573,454$ 2,587,278$

    (in dollars)

  • 8/13/2019 School Jurisdictions Financial Information

    6/45

    2012-2013Education

    Annual Report

    184

    OTHERINFORMATION

    UNAUDITED

    SUMMARYOFSCHOOLJUR

    ISDICTIONSFINANCIALINFORMATION

    Statements of Financial PositionAs at August 31, 2012

    ASSETS

    Current:

    Cash and temporary investments

    Accounts receivable (net after allowances)

    Prepaid expenses

    Other current assets

    Trust assets

    Long term accounts receivable

    Long term investments

    Capital assets

    TOTAL ASSETS

    LIABILITIES

    Current: