Agenda Item
i. Acceptance of the July 2022 Monthly Financial Reports
Summary: Presented by: Ms. Masana Mailliard, Deputy Chief Financial Officer, Division of Finance
Request: It is requested that the Board of Education accept the July 2022 Monthly Financial Reports.
Contact: Ms. Masana Mailliard, Deputy Chief Financial Officer, Division of Finance, 678.676.0446
Status: General Counsel approval not required.
DEKALB COUNTY BOARD OF EDUCATION
GENERAL FUND - PRIOR YEAR COMPARISON CHARTS
July - 07/31/2022
Revenues Comparison
45,000,000
40,000,000
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
-5,000,000
Local Revenue State Revenue Other Revenue Total Revenue
FY22 - Prior Fiscal Year 579,373 552,178 1,596 1,133,147
FY23 - Current Fiscal Year -1,083,846 41,995,439 186,625 41,098,218
FY22 - Prior Fiscal Year FY23 - Current Fiscal Year
Revenues appear less comparable to the prior period due to timing differences in Quality Basic Education revenue recognition. In
the previous year, large distributions of QBE were not received until September. Local revenues are temporarily negative due to
Expenditures Comparison
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
Instruction Pupil Services Maintenance and Other Functions Total Expenditures
Operation
FY22 - Prior Fiscal Year 4,999,668 677,205 7,834,376 8,088,446 21,599,695
FY23 - Current Fiscal Year 9,808,421 744,218 7,467,042 9,693,861 27,713,541
FY22 - Prior Fiscal Year FY23 - Current Fiscal Year
Based on established education expenditure cycles, July is a down month for expenditure recognition. Amounts attributable to the
General Fund increased comparable to the previous reporting period, largely driven by increases in instruction related expenditures.
Current General Fund expenditures are within expectations and anticipated to increase in future reported months.