PUBLIC NOTICE
The Annual Financial Report is hereby made by the HERRICKS UNION FREE SCHOOL DISTRICT, Town of North Hempstead, New York for fiscal year ended June 30, 2018 pursuant to Section 1721 of the Education Law.
GENERAL FUND
Balance 7/1/17
15,799,139
Revenues
Real Property Taxes
86,029,929
Other Tax Items-Including
Star
10,424,136
Charges for Services
1,452,324
Use of Money & Property
763,461
Sale of Property &
Compensation
for Loss
122,515
Miscellaneous
243,039
Interfund Revenue
3,461
State Sources
12,673,152
Medicaid Reimbursement
151,433
Expenditures
General Support
11,876,839
Instruction
64,697,213
Pupil Transportation
3,149,915
Community Service
170,456
Employee Benefits
24,656,903
Debt Service-Principal
2,764,320
Debt Service-Interest
480,655
Other Financing Sources
and Uses
Operating Transfers (Out)
(1,267,075)
Net Change in Fund Balance
2,800,074
Balance 6/30/18
18,599,213
SPECIAL AID FUND
Balance 7/1/17
0
Revenues
Miscellaneous
22,468
State Sources
957,060
Federal Sources
1,182,328
Expenditures
Instruction
2,352,770
Pupil Transportation
124,200
Community Service
120,792
Other Financing Sources
& Uses
Operating Transfers In
435,906
Net Change in Fund Balance
0
Balance 6/30/18
0
DEBT SERVICE FUND
Balance 7/1/17
526,057
Revenues
Use of money & property
21,727
Expenditures
Net Change in Fund Balance
21,727
Balance 6/30/18
547,784
SCHOOL LUNCH FUND
Balance 7/1/17
(345,631)
Sales
1,183,127
State Sources
18,368
Federal Sources
232,921
Surplus Food
69,649
Miscellaneous
296
Use of Money and property
348
Expenditures
Cost of Cafeteria Sales
1,464,760
Other Financing Sources
& Uses
Operating Transfers In
29,279
Net Change in Fund Balance
69,228
Balance 6/30/18
276,403
CAPITAL FUND
Balance 7/1/17
3,883,577
Expenditures
Capital Outlay
3,580,668
Other Financing Sources
& Uses
Operating Transfers In
801,890
Net Change in Fund Balance
(2,778,778)
Balance 6/30/18
1,104,799
The full text of the Annual Report as filed with the State Education Department is available for public inspection at the Office of the District Clerk, Administration Building, 999 Herricks Road, New Hyde Park, N.Y. 11040 during normal school
hours.
By Order of the Board of
Education
HERRICKS UNION FREE SCHOOL DISTRICT
Lisa Rutkoske, CPA
Assistant Superintendent
for Business
NHP #149577
1x 11/2/2018
#149577
