Agenda Item
i. Acceptance of the August 2022 Monthly Financial Reports
Summary: Presented by: Ms. Masana Mailliard, Interim Chief Financial Officer, Division of Finance
Request: It is requested that the Board of Education accept the August 2022 Monthly Financial Report.
Contact: Ms. Masana Mailliard, Interim 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
August - 08/31/2022
Revenues Comparison
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
Local Revenue State Revenue Other Revenue Total Revenue
FY22 - Prior Fiscal Year 8,379,713 4,320,329 5,659 12,705,701
FY23 - Current Fiscal Year 23,622,404 5,752,263 235,099 29,609,766
FY22 - Prior Fiscal Year FY23 - Current Fiscal Year
Revenue recognition increased comparable to the previous reporting period, primarily driven by increases in local property tax
receipts for the second half of August. Furthermore, State Revenue increased attributable to higher QBE, Quality Basic Education,
funding collections.
Expenditures 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
Instruction Pupil Services Maintenance and Other Functions Total Expenditures
Operation
FY22 - Prior Fiscal Year 8,975,121 1,607,819 7,937,436 11,207,719 29,728,095
FY23 - Current Fiscal Year 12,409,519 1,863,053 11,959,707 16,226,120 42,458,399
FY22 - Prior Fiscal Year FY23 - Current Fiscal Year
Amounts attributable to the General Fund increased comparable to the previous reporting period, driven by increases across a wide
variety of services not limited to personnel. Increases in instructional related expenditures occurred in salaries and benefits,
worker's compensation insurance, purchased professional services, supplies, and technology services. Increases for Maintenance
and Operation were identifiable to property risk management services not present in the previous period, as well as increases in
expenditures such as custodial personnel, repairs and maintenance, energy, and utilities.
DEKALB COUNTY BOARD OF EDUCATION
GENERAL FUND - PRIOR YEAR COMPARISON
August - 08/31/2022
Revenues:
Description FY22 - Prior Fiscal Year FY23 - Current Fiscal Year Difference
Local Revenue 8,379,713 23,622,404 15,242,691
State Revenue 4,320,329 5,752,263 1,431,934
Other Revenue 5,659 235,099 229,440
Total Revenue 12,705,701 29,609,766 16,904,065
Expenditures:
Description FY22 - Prior Fiscal Year FY23 - Current Fiscal Year Difference
Instruction 8,975,121 12,409,519 3,434,398
Pupil Services 1,607,819 1,863,053 255,234
Maintenance and Operation 7,937,436 11,959,707 4,022,272
Other Functions 11,207,719 16,226,120 5,018,401
Total Expenditures 29,728,095 42,458,399 12,730,304