Rebif 44 mcg tiw
1. NAME OF THE MEDICINAL PRODUCT Rebif 8.8 micrograms solution for injection in pre-filled pen
(Over) Under
Budgeted Amounts Final
Original Final Actual Budget
Instruction Basic programs
Elementary $ 14,221,150 $ 13,935,965 $ 13,710,808 $ 225,157 Middle school 3,387,307 3,255,053 3,106,022 149,031 Senior high school 6,887,818 6,735,342 6,580,052 155,290 Other basic programs 3,028,997 3,097,306 2,314,172 783,134 Summer school 847,979442,459 379,783 468,196 Total basic programs 27,871,64527,967,731 26,090,837 1,780,808
Added needs
Special education 8,109,060 5,953,536 5,815,909 137,627 Compensatory education 6,209,034 7,256,884 4,875,020 2,381,864 Vocational education 1,933,2521,280,320 2,399,530 (466,278)
Total added needs 15,143,67215,598,414 13,090,459 2,053,213
Total instruction 43,015,31743,566,145 39,181,296 3,834,021
School District of the City of Saginaw Budgetary Comparison Schedule - General Fund
Year Ended June 30, 2020
(Over) Under
Budgeted Amounts Final
Original Final Actual Budget
Supporting services Pupil services
Truancy $ 328,495 $ 328,495 $ 301,555 $ 26,940 Guidance services 1,147,856 1,129,442 1,065,209 64,233 Health services 192,696 192,696 178,971 13,725 Psychological services 138,746 142,376 131,779 10,597 Speech pathology audiology 644,881 765,759 765,758 1 Social work services 1,588,779 2,006,725 1,881,954 124,771 Other pupil services 366,11517,965 342,289 23,826 Total pupil services 4,931,6084,059,418 4,667,515 264,093
Instructional staff
Improvement of instruction 2,328,370 2,502,916 1,483,874 1,019,042 Library 133,477 133,477 121,143 12,334 Audio visual 10,700 10,700 14,139 (3,439) Technology assisted instruction 147,536 147,536 131,935 15,601 Supervision direction 1,402,577 1,500,258 1,277,852 222,406 Academic student assessment 53,202 53,202 - 53,202 Other instructional staff 4,36012,784 3,360 1,000 Total instructional staff 4,352,4494,088,646 3,032,303 1,320,146
General administration
Board of education 458,400 458,400 444,409 13,991 Executive administration 398,340474,759 395,548 2,792 Total general administration 856,740933,159 839,957 16,783
School District of the City of Saginaw Budgetary Comparison Schedule - General Fund
Year Ended June 30, 2020
(Over) Under
Budgeted Amounts Final
Original Final Actual Budget
Supporting services (continued) Business services
Fiscal services $ 810,237 $ 810,237 $ 788,566 $ 21,671 Internal services 88,742 88,742 72,232 16,510 Other business services 586,172646,342 578,685 7,487 Total business services 1,485,1511,545,321 1,439,483 45,668
Building operations
Operation and maintenance of plant 6,884,584 6,884,584 6,476,961 407,623 Security 1,112,9891,093,165 1,084,324 28,665 Total building operations 7,997,5737,977,749 7,561,285 436,288
Pupil transportation services 3,124,3133,038,656 2,796,983 327,330
Central services
Planning, research, development and evaluation 148,000 148,000 135,290 12,710 Informational services 157,297 157,297 126,954 30,343 Staff services 313,217 319,105 268,665 50,440 Data processing services 1,146,490 1,034,156 993,820 40,336 Technology services 87,29685,265 84,621 2,675 Total central services 1,745,8541,850,269 1,609,350 136,504
Other supporting services 492,444536,069 435,659 56,785
Total supporting services 28,855,03528,129,615 26,234,185 2,620,850
School District of the City of Saginaw Budgetary Comparison Schedule - General Fund
Year Ended June 30, 2020
(Over) Under
Budgeted Amounts Final
Original Final Actual Budget
Community services
Activities $ 121,156 $ 215,634 $ 88,218 $ 127,416 Non-public school pupils 122,715 122,715 23,200 99,515 Site improvement services 25,00025,000 24,052 948 Total community services 363,349268,871 135,470 227,879
Total expenditures 72,233,70171,964,631 65,550,951 6,682,750
Other financing uses Transfers out
Capital Project Fund 500,000500,000 518,668 (18,668)
Total expenditures and other financing uses 72,733,70172,464,631 66,069,619 6,664,082
Net change in fund balance (4,364,955) 61,849 798,215 736,366
Fund balance - July 1 18,256,02018,256,020 18,256,020
-Fund balance - June 30 $ 18,317,86913,891,065 $ 19,054,235$ 736,366$
2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
A. School District's proportion of net
pension liability (%) 0.32990% 0.34070% 0.34720% 0.33764% 0.33200% 0.39104%
B. School District's proportionate share
of net pension liability $ 109,239,767 $ 102,410,581 $ 89,965,907 $ 84,239,093 $ 81,388,351 $ 86,133,407
C. School District's covered payroll $ 28,369,153 $ 28,206,624 $ 29,255,816 $ 28,574,617 $ 28,692,229 $ 33,112,983
D. School District's proportionate share of net pension liability as a
percentage of its covered payroll 385.07% 363.07% 307.51% 294.80% 283.66% 260.12%
E. Plan fiduciary net position as a
percentage of total pension liability 60.31% 62.36% 64.21% 63.27% 63.17% 66.20%
GASB Statement No. 68 was implemented for the fiscal year ended June 30, 2015 and does not require retroactive implementation. Data will be added as information is available until 10 years of such data is available.
Required Supplementary Information
Schedule of the School District's Proportionate Share of the Net Pension Liability Michigan Public School Employees Retirement Plan
Last 10 Fiscal Years (Measurement Date September 30th, of Each June Fiscal Year)
2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
A. Statutorily required contributions $ 8,997,498 $ 8,752,657 $ 8,142,926 $ 5,537,476 $ 5,633,322 $ 6,073,153
B. Contributions in relation to
statutorily required contributions 8,752,6578,997,498 8,142,926 5,537,476 5,633,322 6,073,153
C. Contribution deficiency (excess) $ - $ - $ - $ - $ - $
-D. School District's covered payroll $ 28,816,966 $ 28,270,766 $ 28,381,962 $ 29,221,665 $ 28,336,074 $ 28,034,423
E. Contributions as a percentage of
covered payroll 31.2% 31.0% 28.7% 18.9% 19.9% 21.7%
Notes: Benefit Changes - There were no changes of benefit terms in 2019. Changes in Assumptions - There were no changes of benefit assumptions in 2019.
GASB Statement No. 68 was implemented for the fiscal year ended June 30, 2015 and does not require retroactive implementation. Data will be added as information is available until 10 years of such data is available.
Required Supplementary Information
Schedule of the School District's Pension Contributions Michigan Public School Employees Retirement Plan
Last 10 Fiscal Years
For the Years Ended June 30,
2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 A. School District's proportion of net
OPEB liability (%) 0.32610% 0.33230% 0.34570%
B. School District's proportionate
share of net OPEB liability $ 23,404,549 $ 26,414,253 $ 30,616,815 C. School District's covered payroll $ 28,369,153 $ 28,206,624 $ 29,255,816 D. School District's proportionate
share of net OPEB liability as a
percentage of its covered payroll 82.50% 93.65% 104.65%
E.
Plan fiduciary net position as a
percentage of total OPEB liability 48.46% 42.95% 36.39%
GASB Statement No. 75 was implemented for the fiscal year ended June 30, 2018 and does not require retroactive implementation. Data will be added as information is available until 10 years of such data is available.
Required Supplementary Information
Schedule of the School District's Proportionate Share of the Net OPEB Liability Michigan Public School Employees Retirement Plan
Last 10 Fiscal Years (Measurement Date September 30th, of each June Fiscal Year)
2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
A. Statutorily required contributions $ 2,278,084 $ 2,206,619 $ 2,691,723
B. Contributions in relation to statutorily
required contributions 2,206,6192,278,084 2,691,723
C. Contribution deficiency (excess) $ - $ - $
-D. School District's covered payroll $ 28,816,966 $ 28,270,766 $ 28,381,962
E. Contributions as a percentage of
covered payroll 7.9% 7.8% 9.5%
Notes: Benefit Changes - There were no changes of benefit terms in 2019. Changes in Assumptions - There were no changes of benefit assumptions in 2019.
GASB Statement No. 75 was implemented for the fiscal year ended June 30, 2018 and does not require retroactive implementation. Data will be added as information is available until 10 years of such data is available.
Required Supplementary Information
Schedule of the School District's OPEB Contributions Michigan Public School Employees Retirement Plan
Last 10 Fiscal Years
For the Years Ended June 30,
OTHER
SUPPLEMENTARY
INFORMATION
Total
Food Building Capital 2014 2016 2017 Nonmajor
Service Student Fund Project Refunding Refunding Refunding Governmental
Fund Activities Series 3 Fund Bond Fund Bond Fund Bond Fund Funds
Cash $ 2,618,264 $ 565,315 $ 148,111 $ - $ 783,424 $ 500 $ 500 $ 4,116,114 Accounts receivable 3,232 - - - - - - 3,232 Due from other governments 214,825 - - - - - 214,825-
Total assets $ 565,3152,836,321 $ 148,111$ $ 783,424- $ 500$ 500$ 4,334,171$
Liabilities
Accounts payable $ 19,223756,152 $ 148,111$ $ - $ 500- $ 500$ 924,486$
Fund Balance Restricted
Food service 2,080,169 - - - - - 2,080,169 Debt service - - - - 783,424 - - 783,424 Committed
Student activities 546,092- - - - - 546,092-
Total fund balance 546,0922,080,169 - 783,424- - 3,409,685- Total liabilities, deferred inflows
or resources and fund balance $ 565,3152,836,321 $ 148,111$ $ 783,424- $ 500$ 500$ 4,334,171$ Combining Balance Sheet - Nonmajor Governmental Funds
Assets
June 30, 2020
Debt Service Funds Special
Revenue Funds
Capital Project Funds
Total
Food Building Capital 2014 2016 2017 Nonmajor
Service Student Fund Project Refunding Refunding Refunding Governmental
Fund Activities Series 3 Fund Bond Fund Bond Fund Bond Fund Funds
Revenues
Local sources $ 169,158 $ 484,144 $ - $ - $ 2,472,412 $ 1,525,450 $ 1,100,050 $ 5,751,214 State sources 156,666 - - - - - - 156,666 Federal sources 3,972,095 - - - - - 3,972,095- Total revenues 484,1444,297,919 - 2,472,412- 1,525,450 1,100,050 9,879,975 Expenditures
Education
Food services 3,831,225 - - - - - - 3,831,225 Student Activities - 416,722 - - - - - 416,722 Capital outlay - - 116,201 518,668 - - - 634,869 Debt retirement
Principal - - - - 580,000 680,000 335,000 1,595,000 Interest - - - - 570,119 844,950 764,550 2,179,619 Bank fees - - - 500- 500 500 1,500 Total expenditures 416,7223,831,225 116,201 518,668 1,150,619 1,525,450 1,100,050 8,658,935 Other financing sources (uses)
Transfers in (out)
General Fund - - 518,668- (346,571) - 172,097- Net change in fund balance 466,694 67,422 (116,201) - 975,222 - - 1,393,137 Fund balance - July 1 1,613,475 - 116,201 - (191,798) - - 1,537,878 Prior period adjustment 478,670- - - - - 478,670- Fund balance (deficit)
-July 1 (Restated) 478,6701,613,475 116,201 (191,798)- - 2,016,548- Fund balance - June 30 $ 546,0922,080,169 $ $ - $ 783,424- $ $ - $ 3,409,685- $
Year Ended June 30, 2020
Combining Statement of Revenues, Expenditures and Changes in Fund Balances -Nonmajor Governmental Funds
Debt Service Funds Special
Revenue Funds
Capital Project Funds