Cobb County School District comprehensive annual financial report, fiscal year 2013-2014

Collection:
Georgia Government Publications
Title:
Cobb County School District comprehensive annual financial report, fiscal year 2013-2014
Creator:
Georgia. Department of Audits
Publisher:
Atlanta, Ga. : Dept. of Audits and Accounts, 2014-06-30
Date of Original:
2014/06/30
Subject:
Auditors' reports--Georgia
Financial statements--Georgia
Cobb County (Ga.). Board of Education--Appropriations and expenditures
Location:
United States, Georgia, Cobb County, 33.94147, -84.57667
Medium:
state government records
Type:
Text
Format:
application/pdf
Metadata URL:
http://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-ba800-b-pr1-be26-bc65-b2013-h2014-belec-p-btext
Digital Object URL:
http://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-ba800-b-pr1-be26-bc65-b2013-h2014-belec-p-btext
Rights Holder:
© Georgia Department of Audits
Holding Institution:
University of Georgia. Map and Government Information Library
Rights:
Rights Statement information

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Comprehensive Annual Financial Report
Fiscal Year Ended June 30, 2014
PREPARED BY: COBB COUNTY BOARD OF EDUCATION
FINANCIAL SERVICES DIVISION BRADLEY REUBEN JOHNSON, CHIEF FINANCIAL OFFICER
514 Glover Street Marietta, Georgia 30060

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COBB COUNTY SCHOOL DISTRICT COMPREHENSIVE ANNUAL FINANCIAL REPORT
TABLE OF CONTENTS FOR THE YEAR ENDED JUNE 30, 2014
INTRODUCTORY SECTION Letter of Transmittal Certificate of Achievement / GFOA Certificate of Excellence / ASBO Cobb County School District - Function and Composition Cobb County School District Elected Officials and
Superintendent of Schools Cobb County School District - Superintendent's Cabinet Cobb County School District - Organizational Chart
FINANCIAL SECTION Independent Auditor's Report Management's Discussion and Analysis Basic Financial Statements District-wide Financial Statements:
Statement of Net Position Statement of Activities Fund Financial Statements: Balance Sheet - Governmental Funds Reconciliation of the Governmental Funds Balance Sheet to the
Statement of Net Position

PAGE i-v vi vii viii ix x xi
1-4 5-16
17 18
19 20

Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds
Reconciliation of the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to the Statement of Activities
Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual (Non-GAAP Budgetary Basis) General Fund
Statement of Fund Net Position Proprietary Funds
Statement of Revenues, Expenses, and Changes in Fund Net Position Proprietary Funds
Statement of Cash Flows - Proprietary Funds
Statement of Fiduciary Assets and Liabilities Fiduciary Funds
Notes to the Basic Financial Statements
Combining and Individual Fund Financial Statements and Schedules:
Combining and Individual Fund Statements and Schedules Nonmajor Governmental Funds
Combining Balance Sheet - Nonmajor Governmental Funds
Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Governmental Funds
Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Non-GAAP Budgetary Basis) Annually Budgeted Nonmajor Governmental Funds
Internal Service Funds Fund Descriptions
Combining Statement of Fund Net Position - Internal Service Funds
Combining Statement of Revenues, Expenses, and Changes in Fund Net Position - Internal Service Funds

PAGE 21
22
23 24 25 26 27 28-50
51-53 54-58 59-63
64-82 83 84 85

Combining Statement of Cash Flows - Internal Service Funds Fiduciary Funds Fund Descriptions Combining Statement of Fiduciary Assets and Liabilities Fiduciary
Funds Combining Statement of Changes in Fiduciary Assets and Liabilities
Fiduciary Funds Supplementary Schedules: SPLOST II - Special Purpose Local Option Sales Tax Projects SPLOST III - Special Purpose Local Option Sales Tax Projects SPLOST IV - Special Purpose Local Option Sales Tax Projects
STATISTICAL SECTION (Unaudited) Statistical Section Contents Net Position by Component - Last Ten Fiscal Years Changes in Net Position Last Ten Fiscal Years Fund Balances, Governmental Funds Last Ten Fiscal Years Changes in Fund Balances, Governmental Funds
Last Ten Fiscal Years Property Tax Levies and Collections Assessed and Estimated Actual Value of Taxable Property -
Last Ten Fiscal Years Direct and Overlapping Property Tax Rates Last Ten Fiscal Years Principal Property Taxpayers December 31, 2013 and Nine Years Ago Legal Debt Margin Information Last Ten Fiscal Years

PAGE
86 87
88
89
90-91 92-93 94-95
96 97-98 99-100 101-102
103-104 105
106 107 108 109

Legal Debt Margin Information Fiscal Year 2014 Ratios of Outstanding Debt by Type Last Ten Fiscal Years Ratio of Net General Bonded Debt to Estimated Actual Value and
Net Bonded Debt per Capita Last Ten Fiscal Years Computation of Direct and Overlapping General Obligation Debt Cobb County Demographic and Economic Statistics
Last Ten Fiscal Years Principal Employers Current Year and Nine Years Ago Comparison of Metropolitan Atlanta School District Property Tax Rates Cobb County Bank Deposits, Construction and Taxable Property Values
Last Ten Calendar Years Property Digest Reductions Due to Exemptions Last Ten Fiscal Years Number of Personnel and Ratio of Pupils to Professional Personnel -
Last Ten Fiscal Years Operating Statistics Last Ten Fiscal Years General Fund Expenditures by Function Last Ten Fiscal Years General Fund Revenues by Source Last Ten Fiscal Years Ratio of Annual Debt Service Expenditures for General Bonded Debt to
Total General Expenditures Last Ten Fiscal Years Results of All Bond and Sales Tax Referendums School Buildings Last Ten Fiscal Years Teachers' Salary Schedule Last Ten Fiscal Years Administrative Salary Schedule

PAGE
110 111
112 113
114 115 116
117 118
119 120 121 122
123 124 125-132 133 134

Schedule of Insurance in Force School Lunch and Breakfast Program Last Ten Fiscal Years Number of Schools Last Ten Fiscal Years Number of High School Graduates and Average Daily Enrollment and
Attendance Last Ten Fiscal Years Active Enrollment by Grade Level Last Ten Fiscal Years Classroom Buildings, Grade Levels and Acreage

PAGE 135-136
137 138
139 140 141-142

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P.O. Box 1088 Marietta, GA 30061 Telephone: (770) 426-3300 www.cobbk12.org
December 4, 2014
To the Members of the Cobb County Board of Education and Citizens of Cobb County, Georgia:
We are pleased to submit to you the comprehensive annual financial report (CAFR) of the Cobb County School District (District) for the fiscal year ended June 30, 2014. This report conforms to generally accepted accounting principles as applicable to governmental entities. The Financial Services Division prepared this report. Responsibility for both the accuracy of the presented data and the completeness and fairness of the presentation, including all disclosures, rests with the District's administration and is presented for your careful review.
We believe the data, as presented, is accurate in all material aspects; that it is presented in a manner designed to fairly set forth the financial position and results of operations of the District as measured by the financial activity of its various funds; and that all disclosures necessary to enable the reader to gain the maximum understanding of the District's financial activity have been included. A comprehensive framework of internal control is in place to give reasonable assurance that the financial statements are free of any material misstatements. Because the cost of internal controls should not exceed anticipated benefits, the objective is to provide reasonable, rather than absolute, assurance that the financial statements are free of any material misstatements.
Readers of this report are encouraged to consider the information presented here in conjunction with additional information presented in the Management's Discussion and Analysis beginning on page five of this report.
______________________________________________________________________________
PROFILE OF THE SCHOOL DISTRICT ______________________________________________________________________________
Cobb County School District is one of two public school districts located in Cobb County, Georgia. The District serves the entire county area with the exception of the City of Marietta, which has its own independent school district. It provides a program of public education from kindergarten through grade twelve. The purpose and responsibility of the District is to provide a thorough and efficient educational system for the children enrolled in public schools within its boundaries whereby each child has access to programs and services that are appropriate to his or her educational needs.

BOARD OF EDUCATION SUPERINTENDENT

Kathleen Angelucci, Chair Randy Scamihorn, Vice Chair Tim Stultz David Morgan David Banks Scott Sweeney Brad Wheeler
Chris Ragsdale, Interim Superintendent

The District is the second largest school system in Georgia and the 24th largest in the United States with an active daily enrollment of 109,529. The District is governed by a Board of Education consisting of seven members elected from seven county posts. Members serve fouryear terms and each year appoint a chairperson and vice-chairperson. The Board appoints a Superintendent to oversee the day-to-day administration of the School District.
Mr. Chris Ragsdale currently serves as the Interim Superintendent of the Cobb County School District. Prior to his appointment in May of 2014, Mr. Ragsdale served as the Deputy Superintendent for Operations. He also served as the Chief Technology Officer for several years. During his tenure with the District, he has managed plant operations, provided oversight for the District's technology integration, and been responsible for planning and execution of capital projects approved by Cobb voters and funded by the Special Purpose Local Option Sales Tax. Mr. Ragsdale holds a Bachelor of Science in Information Systems from Kennesaw State University and is currently enrolled in the executive MBA program at Shorter University in Rome, Georgia.
The District prides itself on providing a quality educational experience to all of our students, while efficiently managing our resources. Here are a few of the many accomplishments from the 2014 fiscal year:
The District average SAT score of 1515 is 70 points higher than the state average and 18 points higher than the national average. 80% of 2014 graduates took the SAT.
In 2012, 2013, and 2014, 15 Cobb high schools were recognized by the Georgia Department of Education as Advanced Placement Honor Schools. The program recognizes Georgia schools that have increased access to rigorous Advance Placement coursework. Participation in challenging Advanced Placement courses has grown 184% since 2004.
The four-year graduation rate for Cobb high schools improved to 78.2% in 2014, marking the third consecutive year the overall graduation rate has increased. Cobb exceeds the state graduation rate of 72.5% by nearly six percentage points.
Cobb has a distinguished faculty, with 62% of Cobb teachers holding advanced degrees.
More details may be obtained through the District's Communications Department.
The District has reviewed its operating entity definition in order to ensure conformance with the Governmental Accounting Standards Board Statement No. 61, "The Financial Reporting Entity: Omnibus an Amendment of GASB Statements No. 14 and No. 34." This report includes all funds and account groups of the District. The District is not included in any other reporting entity, and no other entities are included within this report.
The District maintains budgetary controls to ensure compliance with legal provisions embodied in the annual appropriated budget approved by the Cobb County Board of Education. Activities of the General Fund and Special Revenue Funds are included in the annual appropriated budget. Capital Projects Funds are budgeted on a multi-year, project-length basis. The level of budgetary control (that is, the level at which expenditures cannot legally exceed the appropriated amount) is established by function within an individual fund.
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___________________________________________________________________________
ECONOMIC CONDITION AND OUTLOOK ______________________________________________________________________________
The District is located in the northwest quadrant of the Atlanta metropolitan area. Metropolitan Atlanta is a national center for finance, transportation, distribution and communications. These factors, coupled with a mild climate, beautiful natural environment, affordable housing and a first-class international airport help to consistently place Atlanta at or near the top of surveys identifying the most desirable U. S. cities in which to locate a business. In fiscal year 2013 (most recent figures available), Cobb County had one of the metropolitan area's highest median household incomes at $66,300, an unemployment rate of 7.1%, and a growing population which increased from 632,900 in 2004 to 717,190 in 2013. Student enrollment for the 2014 fiscal year was 109,529.
Despite these considerable strengths, Cobb County has been adversely impacted by the recent economic recession. In fiscal year 2014 the District's gross property digest decreased by 2.3% over the 2013 fiscal year's digest as compared to a decrease of 2.2% the previous year and a total decrease of 19.3% over the last five years. This was a reflection of the nationwide erosion of real estate values during the recent economic downturn.
In addition to a decline in property tax revenue, the District encountered financial challenges during fiscal year 2014 due to $65.9 million austerity cuts in state funding. We expect a smaller reduction in state funding in the immediate future, as state revenues have recently improved. Similarly, we expect a gradual increase in property tax revenue as real estate values slowly but steadily rebound. ______________________________________________________________________________
LONG-TERM FINANCIAL PLANNING ______________________________________________________________________________
The District anticipates meeting its projected capital improvement needs through December 2018 through county sales tax revenues. In March 2013, the citizens of Cobb County voted to renew a one-percent local option sales tax for education over a period of five years beginning January 1, 2014 and ending December 31, 2018. The revenue generated from sales tax has been or will be used to construct new schools, improve existing schools, construct major additions to many schools, improve technology and security throughout the District and acquire land for future expansion. A schedule of District school buildings and their age can be found on pages 141 and 142, in the statistical section. ___________________________________________________________________________
OTHER INFORMATION ______________________________________________________________________________
New Educational Model: By June 2015, state law requires all Georgia school districts to choose a framework for leading and operating schools. The Cobb County School District currently
iii

saves almost $44 million annually through state waivers no longer available after July 1, 2015, unless a contract is developed to become either a charter system or an Investing in Educational Excellence (IE2) system. The Cobb County School Board has voted to submit an application to the Georgia Department of Education to become an IE2 district, effective with the 2015-2016 school year. A chief reason for selecting this model over the charter system model was the greater ability to develop customized student achievement plans for individual schools. While schools will be held accountable for meeting specific goals, this school model is revenue neutral. We will not lose the current $44 million in annual savings through state waivers, and although there will not be any additional funding, the IE2 model and contract will allow the District to use its current resources more effectively.
Independent Audit: The financial statements have been audited by Mauldin & Jenkins, LLC, whose opinion is expressed on page 1. The District complies with the requirements of the Single Audit Act and associated reports and schedules are presented in a separately issued Report of Independent Certified Public Accountants in Accordance with the Single Audit Act and Governmental Auditing Standards.
Financial Reporting Awards: Every year since 1980, our comprehensive annual financial report has earned a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA). Additionally, the District's comprehensive annual financial report received the Association of School Business Officials' (ASBO) Certificate of Excellence in Financial Reporting every year since 1984.
These prestigious awards are made only to government units which publish a comprehensive annual financial report that is easily readable, efficiently organized, and conforming to program standards and satisfies generally accepted accounting principles and applicable legal requirements. The awards are valid for a period of one year only. We believe the accompanying report continues to conform to award eligibility, and will submit it for determination as appropriate.
Budget Presentation Award: The District prepares an official budget document each year which is issued as a separate report. Since 1990, the district has received the Distinguished Budget Presentation Award from GFOA. In order to receive this award, the District must publish a budget document that meets program criteria as a policy document, a financial plan, an operations guide, and as a communications device. The award is valid for a period of one year only. We have received the Meritorious Budget Award from ASBO every year since 2005. The criteria required by ASBO includes an introductory, organizational, financial and information section. We believe the most recent budget continues to conform to program requirements, and we are submitting it to GFOA and ASBO to determine its eligibility for another award.
Acknowledgments: We wish to express our appreciation to Jan Hendrix, Director of Accounting Services, and to the entire staff of the Financial Services Division whose dedicated efforts have enabled this report to be prepared on a timely basis.
iv

Government Finance Officers Association
Certificate of Achievement for Excellence in Financial
Reporting
Presented to
Cobb County School District Georgia
For its Comprehensive Annual Financial Report
for the Fiscal Year Ended
June 30, 2013
Executive Director/CEO
vi

vii

COBB COUNTY SCHOOL DISTRICT
FUNCTION AND COMPOSITION JUNE 30, 2014

All matters relating to education and operations in the Cobb County School District are governed and controlled by the Board of Education as provided by Georgia law. The Board has the responsibility to maintain a uniform system of public schools providing quality education for all young people of Cobb County. With the advice of the superintendent, the Board must determine the policies and prescribe the rules and regulations for the management and administration of the school system.
Generally, the Board holds public meetings twice a month to conduct normal business with special sessions as needed. The Board is composed of seven members who are each elected for four years from one of seven geographical districts in the county. The Board elects a chairman and vice-chairman from the seven members to govern the body for a one year period. As of June 30, 2014 the members of the Board and years of expiration of their terms are as follows:

Title Chair Vice-Chair Board Member Board Member Board Member Board Member Board Member

Name Ms. Kathleen Angelucci Mr. Randy Scamihorn Mr. Brad Wheeler Mr. Tim Stultz Mr. David Morgan Mr. David Banks Mr. Scott Sweeney

Term Expires December 31, 2014 December 31, 2016 December 31, 2016 December 31, 2014 December 31, 2016 December 31, 2016 December 31, 2014

viii

COBB COUNTY SCHOOL DISTRICT ELECTED OFFICIALS AND SUPERINTENDENT OF SCHOOLS
JUNE 30, 2014

RANDY SCAMIHORN
POST 1
2 Years Served

TIM STULTZ
POST 2 4 Years Served

DAVID MORGAN
POST 3 6 Years Served

KATHLEEN ANGELUCCI
POST 4
4 Years Served

DAVID BANKS
POST 5 6 Years Served

SCOTT SWEENEY BRAD WHEELER CHRIS RAGSDALE

POST 6 4 Years Served

POST 7 2 Years Served

INTERIM SUPERINTENDENT

ix

COBB COUNTY SCHOOL DISTRICT
SUPERINTENDENT'S EXECUTIVE CABINET JUNE 30, 2014

Chris Ragsdale John Adams
Dr. Angela Huff Brad Johnson Mary Elizabeth Davis Dr. Grant Rivera Dr. Angela Bacon Dr. Greg Ewing

Superintendent (Interim) Chief Human Resources Officer and Chief of Operations (Interim) Chief of Staff Chief Financial Officer Chief Academic Officer Chief Leadership and Learning Officer Chief Technology Officer (Interim) Chief Accountability and Research Officer

x

COBB COUNTY SCHOOL DISTRICT ORGANIZATIONAL CHART JUNE 30, 2014
Citizens of Cobb County

Board of Education

Board Attorney

Interim Superintendent Chris Ragsdale

Chief Financial Officer
Brad Johnson

Chief of Staff
Dr. Angela Huff

Chief Academic
Officer Mary Elizabeth Davis

Chief HR Officer &
Chief Operations
Officer (Interim) John Adams

Chief Leadership &
Learning Officer Dr. Grant Rivera

Chief Accountability & Research
Officer Dr. Greg
Ewing

Chief Technology
Officer (Interim) Dr. Angela Bacon

xi

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INDEPENDENT AUDITOR'S REPORT
To the Superintendent and Members of the Cobb County Board of Education Marietta, Georgia
Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities, each major fund, and the aggregate remaining fund information of the Cobb County Board of Education as of and for the year ended June 30, 2014, and the related notes to the financial statements, which collectively comprise the Cobb County Board of Education's basic financial statements as listed in the table of contents.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
200 GALLERIA PARKWAY S.E., SUITE 1700 ATLANTA, GA 30339-5946 770-955-8600 800-277-0080 FAX 770-980-4489 www.mjcpa.com Members of The American Institute ofCertified Public Accountants RSM International

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, each major fund, and the aggregate remaining fund information of the Cobb County Board of Education as of June 30, 2014, and the respective changes in financial position, and, where applicable, cash flows thereof and the budgetary comparison for the General Fund, for the year then ended in accordance with accounting principles generally accepted in the United States of America. Other Matters
Required Supplementary Information Accounting principles generally accepted in the United States of America require that the Management's Discussion and Analysis, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
2

Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the Cobb County Board of Education's basic financial statements. The combining and individual nonmajor fund financial statements and schedules, the SPLOST II schedule of expenditures of Special Purpose Local Option Sales Tax Projects, the SPLOST III schedule of expenditures of Special Purpose Local Option Sales Tax Projects, the SPLOST IV schedule of expenditures of Special Purpose Local Option Sales Tax Projects, and the introductory and statistical sections are presented for purposes of additional analysis and are not a required part of the basic financial statements.
The combining and individual nonmajor fund financial statements and schedules, the SPLOST II schedule of expenditures of Special Purpose Local Option Sales Tax Projects, the SPLOST III schedule of expenditures of Special Purpose Local Option Sales Tax Projects, and the SPLOST IV schedule of expenditures of Special Purpose Local Option Sales Tax Projects are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements and schedules, the SPLOST II schedule of expenditures of Special Purpose Local Option Sales Tax Projects, the SPLOST III schedule of expenditures of Special Purpose Local Option Sales Tax Projects, and the SPLOST IV schedule of expenditures of Special Purpose Local Option Sales Tax Projects, are fairly stated, in all material respects, in relation to the basic financial statements as a whole.
The introductory and statistical sections have not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on them.
3

Other Reporting Required by Governmental Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated December 4, 2014 on our consideration of the Cobb County Board of Education's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Cobb County Board of Education's internal control over financial reporting and compliance.
Atlanta, Georgia December 4, 2014
4

MANAGEMENT'S DISCUSSION
AND ANALYSIS

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014
The discussion and analysis of the Cobb County School District's (subsequently referred to as the District) financial performance provides an overall review of the District's financial activities for the fiscal year ended June 30, 2014. The intent of this discussion and analysis is to look at the District's financial performance as a whole. Readers should also review the transmittal letter and complete financial statements, with notes, to enhance their understanding of the District's financial performance.
Financial Highlights
Key financial highlights for 2014 are as follows:
Total net position increased from $1,483.5 million in 2013 to $1,543.5 million in 2014, an increase of $60.0 million.
Total revenue increased from $1,097.3 million in 2013 to $1,114.9 million in 2014, an increase of $17.6 million. Revenue for 2014 was $60.0 million more than expenses.
Total expenses decreased from $1,068.5 million in 2013 to $1,054.9 million in 2014, a decrease of $13.6 million.
Overview of the Financial Statements
This discussion and analysis serves as an introduction to the District's basic financial statements. The basic financial statements comprise three components: 1) District-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.
Districtwide Financial Statements
The District-wide financial statements provide readers with a broad overview of the District's finances, in a manner similar to a private-sector business.
The Statement of Net Position presents information on all of the District's assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.
5

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014
The Statement of Activities presents information showing how the District's net position changed during the most recent fiscal year. Changes in net position appear as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses appear in this statement for some items that will result in future fiscal period cash flows (e.g., uncollected taxes and earned but unused vacation leave).
Fund Financial Statements
A fund is a grouping of related accounts used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with financerelated legal requirements. District funds are in one of three categories: governmental funds, proprietary funds, and fiduciary funds.
Governmental Funds
Most of the District's activities are reported in governmental funds. The governmental fund statements focus on how money flows in and out of those funds and the balances left at year-end that are available for spending in future periods. These statements also provide a detailed short-term view of the District's general government operations and the basic services it provides. Governmental fund information helps you determine whether there are more or fewer financial resources that can be spent in the near future to finance educational programs. The District maintains numerous governmental funds with the majority of activity occurring in the General Fund.
Proprietary Funds
Proprietary funds are those used to account for ongoing organizations and activities which are similar to those found in the private sector. The District's proprietary funds are internal service funds and report activities that provide supplies and services for its other programs and activities. The District's internal service funds consist of the Unemployment Compensation Fund and the Self-Insurance Fund.
Fiduciary Funds
The District is the trustee, or fiduciary, for assets that belong to others. The District's fiduciary funds include the Student Activity Fund and the Payroll Withholding Fund. The District is responsible for ensuring that the assets in these funds are used exclusively for their intended purposes for the benefit of those to whom the assets belong. The District excludes these funds from the district-wide financial statements because it cannot use these assets to finance its operations.
6

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014 District-wide Financial Analysis The Condensed Statement of Net Position Table (Table I), presented on the following page, summarizes and compares the Statement of Net Position for 2014 and 2013. In 2014, the District's net position increased 4.0%, or $60.0 million, over the prior year due primarily to an increase in cash of $49.2 million and a decrease in current liabilities of $12.6 million. Total current and other assets reflected a net increase of 16.2%, or $53.8 million, primarily due to an increase in cash of $49.2 million. Most of this cash accumulated in our SPLOST capital project funds and will be expended as many of our capital projects progress into their final stages of completion. Our SPLOST III cash increased by $10.6 million and our newest SPLOST IV Fund accumulated cash of $35.9 million in its first year of operation. Additionally, our current receivable for taxes and governmental aid increased by $4.8 million, primarily within our General Fund. The decrease in current liabilities was primarily due to a decrease in accounts payable of $11.1 million in our SPLOST capital project funds and a $1.2 million decrease in the General Fund.
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COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014
Table I Condensed Statement of Net Postion (Amounts Expressed In Millions)

$$112299..44

$157.4

$14.4

$84.0

$1,256.7
Long-Term Liabilities Other Liabilities Net Investment in Capital Assets Res tricted Unrestricted

Governmental Activities
As s e ts : Current and Other Assets Capital Assets
Total Assets
Liabilitie s : Long-Term Liabilities Other Liabilities
Total Liabilities
Net Position: Net Investment in Capital Assets Restricted Unrestricted
Total Net Position

2013

$

331.4

1,262.8

1,594.2

14.1 96.6 110.7

1,262.8 70.8 149.9
$ 1,483.5

2014

$

385.2

1,256.7

1,641.9

14.4 84.0 98.4

1,256.7 129.4 157.4
$ 1,543.5

Change 2013-2014
16.2% -0.5% 3.0%
2.1% -13.0% -11.1%
-0.5% 82.8% 5.0% 4.0%

8

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014
Changes in Net Position from Operating Results The Changes in Net Position from Operating Results Table (Table II), presented on the following pages, summarizes and compares the Statement of Activities for 2014 and 2013. Revenues In 2014, the District's total revenues increased 1.6%, or $17.6 million, over the prior year due primarily to an increase in state and federal aid and new ad valorem tax revenue.
Operating grants and contributions increased by 1.5%, or $7.8 million, primarily due to an increase in federal grant program revenue.
General property taxes increased 1.0%, or $5.2 million, primarily due to the collection of the new Title Ad Valorem Tax on motor vehicles.
Charges for services increased by 2.0%, or $1.2 million primarily due to an increase in donation and fundraising revenue at local schools.
Other revenue increased by 86.7%, or $2.6 million due primarily to rebates of $1.8 million from Cobb EMC and $0.5 million from Bank of America.
Expenses In 2014, the District's total expenses decreased 1.3%, or $13.6 million, over the prior year due primarily to the decision to not replace 182 professional instructional positions vacated through attrition.
Instruction decreased by 1.2%, or $8.5 million largely due to fewer professional instructional positions, as noted above.
Pupil and Instructional services decreased 10.4%, or $8.4 million, in large part due to fewer instructional positions, and three additional furlough days over the prior fiscal year.
Student transportation increased 5.8%, or $2.7 million due to increased fuel and maintenance costs.
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COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014

Table II Changes in Net Position from Operating Results (Amounts Expressed In Millions)

$1,300 $1,200 $1,100 $1,000
$900 $800 $700 $600 $500 $400 $300 $200 $100
$0

Revenues

2013

2014

Governmental Activities
Revenues: Program Revenues: Charges for Services Operating Grants and Contributions Capital Grants and Contributions General Revenues: Taxes Other
Total Revenues Expenses: Instruction Pupil and Instructional Services School and Administrative Services Student Transportation M aintenance and Operations Food Nutrition Program Student Activities
Total Expenses
Increase in Net Positon Beginning Net Position Ending Net Postion

O th er Intergovern mental Taxes Capital Gr an ts O perating Gr an ts Charges fo r S ervices

$1,200 $1,100 $1,000
$900 $800 $700 $600 $500 $400 $300 $200 $100
$0

Expenses

2013 2013

2014

Interest & F is cal Chrg S tud en t A ctivites M aintenance Transp ortation S ch ool & Admin Serv P upil & I nstr Serv Ins truction

2014

Change 2013-2014

$

60.7 $

61.9

505.0

512.8

7.3

8.1

521.3 3.0
1,097.3

526.5 5.6
1,114.9

685.7 80.4 156.6 46.9 70.4
28.5 1,068.5

677.2 72.0 161.5 49.6 63.4 0.4 30.8 1,054.9

28.8 1,454.7

60.0 1,483.5

$ 1,483.5 $ 1,543.5

2.0% 1.5% 11.0%
1.0% 86.7% 1.6%
-1.2% -10.4%
3.1% 5.8% -9.9% 100.0% 8.1% -1.3%
108.3% 2.0% 4.0%

10

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014
Table III Net Cost of Governmental Activities (Amounts Expressed In Millions)

Total and Net Costs of Services - 2014

$700 $600 $500 $400 $300 $200 $100
$0 Instruction Pupil/Instr Service Sch/Adm Service

Transp

Maint/Oper

Other

Net Cost

Total Cost

--Total Cost of S ervices--

Change

2013

2014

2013-2014

--Net Cost of S ervices--

Change

2013

2014

2013-2014

Instruction

$

Pupil and Instructional Services

School and Administrative Services

Student Transportation

M aintenance and Operations

Other

Total

$

685.7 80.4 156.6 46.9 70.4 28.5
1,068.5

$ 677.2 72.0 161.5 49.6 63.4 31.2
$ 1,054.9

-1.2% $ 238.6

-10.4%

53.5

3.1%

93.5

5.8%

41.3

-9.9%

68.6

9.5%

-

-1.3% $ 495.5

$ 217.9 48.1 99.9 44.5 61.4 0.2
$ 472.0

-8.7% -10.1%
6.8% 7.7% -10.5% 0.0%
-4.7%

Governmental Activities The Net Cost of Governmental Activities Table (Table III) presents the total and net cost of six major District activities: Instruction, Pupil and Instructional Services, School and Administrative Services, Student Transportation, Maintenance and Operations, and other.
Net Cost of Services is the total cost less fees generated by the activities and intergovernmental revenue provided for specific programs. The net cost shows the financial burden on the District's taxpayers by each activity. The total cost of governmental services in 2014 was $1,054.8 million. Users of the District's programs financed $61.9 million of the costs. Federal and State grants, subsidized programs and contributions financed $520.9 million of the cost. District taxpayers financed the remaining costs of 2014 which totaled $472.0 million.
11

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014
The School District's Funds
The District ended fiscal year 2014 with a healthy fund balance in its governmental funds. The combined balance of all governmental funds, at $290.0 million, was 30.2% higher than 2013's ending balance of $222.8 million. SPLOST III increased by $15.8 million, or 32.5%, as it received its final year of revenue and entered the final phases of its construction projects. SPLOST IV accumulated a fund balance of $45.7 million, in its first year of tax receipts. Nonmajor governmental fund balances decreased in the aggregate by $1.8 million, or 4.9%. The General Fund's fund balance increased by $7.5 million, or 5.5%, due to a modest increase in State funding over the prior fiscal year.
General Fund Budgetary Highlights
The 2014 budget balanced the realities of the economic downturn being felt in every sector, and education is no exception. Georgia's slow economic recovery has not yielded an increase in the District's two primary revenue streams state funding and local property tax collections. Due to sound financial preplanning, the Fiscal Year 2014 Budget was developed using the most efficient and effective use of available resources.
The most significant fund for the District is the General Fund, funded primarily through state revenue and local property tax revenue. The State of Georgia is required to maintain a balanced budget (a constitutional requirement in Georgia) and with a challenging economy, the State of Georgia issued budget reductions to all school districts in Georgia. In addition to its regular budgetary cycle, the State of Georgia imposed austerity reductions of $72.4 million, and $72.1 million, and $65.9 million in fiscal years 2012, 2013, and 2014 respectively.
The 2014 original budget for the General Fund was approved with $811.0 million in revenue and $856.3 million in expenditures, with the expectation of using $45.2 million in fund balance in order to balance the budget. During the course of the year, the board reduced the revenue budget to $810.3 million to reflect updated estimates of local property tax. Expenditures of the General Fund budget were increased to $873.7 million, in order to bring forward amounts for encumbrances from the prior year budget into the current year budget and additional funding for charter schools.
For 2014, actual General Fund revenue was $31.2 million more than the final revised budget, a favorable variance of just 3.9%. General Fund expenditures were $39.7 million less than the final revised budget, a favorable variance of only 4.5%. The district's careful implementation of significant spending cuts and service reductions over the past several years, along with prudent management of federal, state, and local resources, have left the district in a better financial position than many had anticipated in this difficult economic climate.
12

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014
General Fund Balance The unassigned General Fund balance at June 30, 2014 was $89.5 million. This represents approximately 39 days of general fund expenditures. The Board of Education made a concerted effort to maintain adequate reserves for the District. This performance is noteworthy when considered in light of the substantial reductions in state and local funding detailed in the above section.
Other Governmental Funds Capital Projects Funds The District uses Capital Projects Funds to account for school construction and improvement projects which, prior to 1999, were financed primarily through bond issues. SPLOST III focuses on revitalizing schools. Collections of the tax began on January 1, 2009 and ended on December 31, 2013. The SPLOST III fund had expenditures of $54.1 million and a fund balance of $64.5 million. SPLOST IV began January 1, 2014. A full listing of SPLOST III and SPLOST IV projects can be located on pages 92-95. Nonmajor Governmental Funds The Nonmajor Governmental Funds had aggregate expenditures of $144.3 million and aggregate fund balances of $37.0 million. SPLOST II fund had expenditures of $1.2 million for the year and ended June 30, 2014. A full listing of SPLOST II projects can be located on pages 90-91. The Board of Education will continue to address contingencies in 2014. Funds with the highest expenditures were School Nutrition at $53.2 million, Special Education at $17.2 million, Title I at $19.2 million, and Local School Funds at $29.7 million. Funds ending the year with the highest fund balances were School Nutrition at $20.7 million, Local School Funds at $9.4 million, and After School Program at $3.0 million. The fund balance of Nonmajor Governmental Funds, in aggregate, decreased from $38.8 million in 2013 to $37.0 million in 2014, a decrease of $1.8 million. Descriptions of these funds can be located on pages 51-53.
13

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014 Capital Assets and Debt Administration Capital Assets The Capital Assets, Net of Depreciation (Table IV), presented on the following page, summarizes and compares the capital assets for 2014 and 2013. Capital assets decreased 0.5% from $1,262.8 million in 2013 to $1,256.7 million in 2014, a decrease of $6.1 million. Construction in Progress decreased by $7.1 million, or 15.3%, due to completed construction projects funded by SPLOST III. Library and Textbooks decreased by $3.7 million, or 21.8%. More detailed information about capital assets can be found in Note 5 of the Notes to the Basic Financial Statements.
14

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014

Table IV Capital Assets, Net of Depreciation (Amounts Expressed In Millions)
Capital Assets, Net - 2014

$29.0

$13.3

$124.9

$39.2

$1,050.3
Land Construction in Progress Buildings and Improvements Equipme nt Library Books and Textbooks
Total

Land Construction in Progress Buildings and Improvements Equipment Library Books and Textbooks

2013

Change 2014 2013-2014

$ 115.0 46.3
1,055.0 29.5 17.0
$ 1,262.8

$ 124.9 39.2
1,050.3 29.0 13.3
$ 1,256.7

8.6% -15.3%
-0.4% -1.7% -21.8% -0.5%

15

COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis
JUNE 30, 2014 Long-Term Obligations As of June 30, 2014, the District had $8.1 million in outstanding long-term obligations for compensated absences. More detailed information about long-term obligations can be found in Notes 9 and 12 of the Notes to the Basic Financial Statements. Factors Bearing on the District's Future We are fortunate that the Cobb County School District is debt free which has resulted in a more favorable financial position even with the impact of the recent national recession on our local economy. The continued support of our schools by the public and by local community organizations and businesses is also an integral part of our ability to educate our students. This financial report is designed to provide a general overview of Cobb County School District's finances. Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to Financial Services Division, Cobb County School District, 440 Glover Street, Marietta, Georgia, 30060.
16

(This page was left blank intentionally)

COBB COUNTY SCHOOL DISTRICT STATEMENT OF NET POSITION JUNE 30, 2014
(amounts expressed in thousands)
ASSETS: Cash and Cash Equivalents Receivables (net of allowance for uncollectables):
Taxes Federal and State Aid Accounts Prepaids Inventories Capital Assets: Land Construction in Progress Buildings and Improvements Equipment Library Books and Textbooks Less: Accumulated Depreciation
Total Assets
LIABILITIES: Accounts Payable and Other Current Liabilities Intergovermental Payables Deposits Payable Accrued Salaries and Benefits Unearned Revenue Noncurrent Liabilities:
Due Within One Year Due In More Than One Year
Total Liabilities
NET POSITION: Investment in Capital Assets Restricted for:
Capital Projects School Nutrition Services Miscellaneous Grants Unrestricted
Total Net Position

Governmental Activities
$ 282,768
20,659 76,841
2,715 263
1,934
124,917 39,152
1,710,229 115,810 95,629 (829,081)
$ 1,641,836
21,081 595 35
61,535 706
4,771 9,650 98,373
1,256,656
110,228 19,213 3
157,363 $ 1,543,463

See accompanying notes to the basic financial statements.

17

COBB COUNTY SCHOOL DISTRICT STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands))

GOVERNMENTAL ACTIVITIES Instruction Pupil Services Instructional Services School and Administrative Services Student Transportation Maintenance and Operations School Nutrition Program Student Activities
Total Governmental Activities

Expenses
$ 677,187 26,938 45,115
161,460 49,563 63,398 419 30,780
$ 1,054,860

Program Revenues

Charges for Services

Operating Grants and Contributions

Capital Grants and Contributions

Net (Expense) Revenue
and Changes in Net Position

$

913 $ 451,257 $

13

20,975

-

2,471

28,035

33,031

-

5,066

2,004

-

-

30,970

-

$ 61,935 $ 512,800 $

7,142 $ 159 $ 317 $ 467 $ - $ - $ - $ - $

(217,875) (5,791)
(42,327) (99,927) (44,497) (61,394)
(419) 190

8,085 $ (472,040)

General Revenues: Taxes: Property Taxes Levied for General Purposes Sales Tax Interest Income Other Gain on Disposal of Capital Assets

404,759 121,712
1,697 3,687
175

Total General Revenues

532,030

Change in Net Position Net Position-Beginning of Year

59,990 1,483,473

Net Position-End of Year

$ 1,543,463

See accompanying notes to the basic financial statements.
18

COBB COUNTY SCHOOL DISTRICT BALANCE SHEET GOVERNMENTAL FUNDS JUNE 30, 2014

(amounts expressed in thousands)

Assets: Cash and Cash Equivalents Receivables (net of allowance for uncollectables): Taxes Federal and State Aid Accounts Due from Other Funds Prepaids Inventories
Total Assets

General
$ 139,599
10,221 62,936 2,598 5,589
92 584 $ 221,619

LIABILITIES,DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCES:

Liabilities:

Accounts Payable

$

Intergovernmental Payables

Deposits Payable Accrued Payroll and Payroll Withholdings

Accrued Employee Benefits

Due to Other Funds

Unearned Revenue

Total Liabilities

7,075 595 35
41,521 14,490 11,307
-
75,023

Special Purpose Local Option Sales Tax III

Special Purpose Local Option Sales Tax IV

Nonmajor Governmental
Funds

Total Governmental
Funds

$

71,703 $

35,958 $ 35,508 $ 282,768

-

10,438

-

20,659

5,065

-

8,840

76,841

-

-

13

2,611

-

-

3,643

9,232

-

-

114

206

-

-

1,350

1,934

$

76,768 $

46,396 $ 49,468 $ 394,251

$

12,253 $

-

5

-

-

12,258

678 $ -
678

636 $ -
4,066 1,444 5,589
706

20,642 595 35
45,592 15,934 16,896
706

12,441

100,400

Deferred Inflows of Resources: Unavailable Revenue - Property Taxes Total Deferred Inflows of Resources

3,814

-

-

-

3,814

3,814

-

-

-

3,814

Fund Balances: Nonspendable Restricted Committed Assigned Unassigned
Total Fund Balances Total Liabilities, Deferred Inflows of Resources, and Fund Balances

676 -
5,000 47,596 89,510
142,782
$ 221,619 $

64,510
-
64,510
76,768 $

45,718
-
45,718
46,396 $

1,464 19,216 14,790
1,557 -

2,140 129,444
19,790 49,153 89,510

37,027

290,037

49,468 $ 394,251

See accompanying notes to the basic financial statements. 19

COBB COUNTY SCHOOL DISTRICT RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET TO THE STATEMENT OF NET POSITION JUNE 30, 2014
(amounts expressed in thousands)
Total Fund Balances-Governmental Funds
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and therefore are not reported in the funds. Cost of capital assets Accumulated depreciation
Property taxes receivable will be collected after year-end, but are not available to pay for current period's expenditures, and therefore are unavailable in the funds.
Internal service funds are used by management to charge the costs of insurance, The assets and liabilities of the internal service funds are included in governmental activities in the statement of net position.
Long-term liabilities are not due and payable in the current period and therefore are not reported as liabilities in the funds. Long-term liabilities at year-end consist of: Compensated absences
Total Net Position-Governmental Activities

$

290,037

2,085,737 (829,081)

1,256,656

3,814 1,021

(8,065) $ 1,543,463

See accompanying notes to the basic financial statements.
20

COBB COUNTY SCHOOL DISTRICT STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands)

REVENUES: Taxes Intergovernmental Tuition and Fees Interest Income Rentals Athletic Ticket Sales Other
Total Revenues

General

Special Purpose Special Purpose Nonmajor

Total

Local Option Local Option Governmental Governmental

Sales Tax III Sales Tax IV

Funds

Funds

$ 405,970 $ 61,813 $ 59,899 $

1 $ 527,683

431,907

7,935

-

80,895

520,737

14

-

-

57,156

57,170

1,637

137

11

61

1,846

1,545

-

-

-

1,545

-

-

-

3,219

3,219

3,432

-

-

255

3,687

844,505

69,885

59,910

141,587

1,115,887

EXPENDITURES: Current:
Instruction Pupil Services Instructional Services School and Administrative Services Student Transportation Maintenance and Operations School Nutrition Program Student Activities Capital Outlay
Total Expenditures

601,643 19,489 27,009 78,407 44,326 58,985 419 1,070 4,346
835,694

6,139 47,918
54,057

7,769 6,423
14,192

24,001 4,083
16,074 64,719
1,635 1,301
29,710
2,779
144,302

625,644 23,572 43,083
157,034 45,961 60,286 419 30,780 61,466
1,048,245

Excess (deficiency) of Revenues Over (Under) Expenditures
Other Financing Sources (Uses): Transfers-In Transfers-Out Proceeds from Sale of Capital Assets Total Other Financing Sources (Uses)

8,811
162 (1,851)
365 (1,324)

15,828
-

45,718
-

(2,715)
1,056 (162)
12 906

67,642
1,218 (2,013)
377 (418)

Net Change in Fund Balances

7,487

15,828

45,718

(1,809)

67,224

Fund Balances, Beginning of Year

135,295

48,682

-

38,836

222,813

Fund Balances, End of Year

$ 142,782 $ 64,510 $ 45,718 $ 37,027 $ 290,037

See accompanying notes to the basic financial statements.

21

COBB COUNTY SCHOOL DISTRICT RECONCILIATION OF THE GOVERNMENTAL FUNDS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES TO THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)
Total Net Change in Fund Balances-Governmental Funds
Amounts reported for governmental activities in the statement of activities are different because:
Capital assets are reported as expenditures in governmental funds. However, in the statement of activities, the cost of capital assets is allocated over their estimated useful lives as depreciation expense. In the current period, these amounts are: Capital outlay Non-capitalized items Depreciation expense
Because some property taxes will not be collected for several months after the fiscal year ends, they are considered as unavailable revenues in the governmental funds.
The net effect of various miscellaneous transactions involving capital assets (i.e., sales and disposals) is to decrease net position.
Internal service funds are used by management to charge the costs of insurance to individual funds. The net revenue of the internal service funds is reported with governmental activities.
Some items reported in the statement of activities do not require the use of current financial resources and therefore are not reported as expenditures in governmental funds. This activity consists of the increase in compensated absences.

$ 67,224

61,466 (3,082) (64,314)

(5,930)

(1,212) (202)

444 (334)

Change in Net Position of Governmental Activities

$ 59,990

See accompanying notes to the basic financial statements.
22

COBB COUNTY SCHOOL DISTRICT GENERAL FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands)

REVENUES: Local State Federal Other
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

Variance With Final Budget -
Positive (Negative)

$ 399,284 $ 394,274 $ 412,504 $

407,319

411,528

423,358

3,999

3,999

4,975

460

460

618

811,062

810,261

841,455

18,230 11,830
976 158
31,194

EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services Educational Media Services General Administration School Administration Business Services Maintenance and Operation of Plant Student Transportation Central Operations Community Service Operations Capital Outlay Transfers
Total Expenditures

611,270 16,671 23,585 14,840 7,448 51,830 3,861 61,383 48,781 14,031 70 18 2,503
856,291

616,044 17,110 26,870 14,860 10,325 51,814 4,111 62,652 50,110 17,202 70 18 2,503
873,689

602,239 19,489 13,993 13,754 7,950 51,294 5,275 58,000 46,162 13,891 70 1,851
833,968

13,805 (2,379) 12,877 1,106 2,375
520 (1,164) 4,652 3,948 3,311
18 652
39,721

Net Change in Fund Balance

(45,229)

(63,428)

7,487

70,915

Fund Balance, Beginning of Year

135,295

135,295

135,295

-

Fund Balance, End of Year

$

90,066 $

71,867 $

142,782 $

70,915

See accompanying notes to the basic financial statements.
23

COBB COUNTY SCHOOL DISTRICT STATEMENT OF NET POSITION PROPRIETARY FUNDS JUNE 30, 2014
(amounts expressed in thousands)
Assets:
Current Assets: Due from Other Funds Accounts Receivable Prepaids Total Current Assets
Liabilities:
Current Liabilities: Accounts Payable Claims Payable Accrued Payroll and Payroll Withholdings Accrued Employee Benefits Total Current Liabilities
Noncurrent Liabilities: Claims payable, due in more than one year Total Noncurrent Liabilities
Net Position:
Unrestricted

Governmental Activities Internal Service Funds
$ 7,664 104 57
7,825
439 1,815
8 1 2,263
4,541 4,541
$ 1,021

See accompanying notes to the basic financial statements.

24

COBB COUNTY SCHOOL DISTRICT STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITON PROPRIETARY FUNDS FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands)

Governmental Activities

OPERATING REVENUES: Charges for Services

Internal Service Funds
$ 5,417

OPERATING EXPENSES: School and Administrative Services

5,768

Operating Loss

(351)

Transfers-In

795

Change in Net Position

444

Total Net Position, Beginning of Year

577

Total Net Posiition, End of Year

$ 1,021

See accompanying notes to the basic financial statements.
25

COBB COUNTY SCHOOL DISTRICT STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)
Cash Flows from Operating Activities: Receipts from Interfund Services Provided Payments to Suppliers Payments for Medical Fees and Insurance Claims Payments to Employees
Net Cash Used in Operating Activities Cash Flows from Noncapital Financing Activities:
Transfers-In
Net Cash Provided by Noncapital Financing Activities Net Change in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Year Cash and Cash Equivalents at End of Year

Governmental Activities
Internal Service Funds
$ 4,964 (243)
(4,879) (637)
(795)

795

795

-

$

-

Reconciliation of Operating Loss to Net Cash Used in Operating Activities:

Operating Loss Adjustments to Reconcile Operating
Loss to Net Cash Used in Operating Activities:
Increase in Accounts Receivable Increase in Due From Other Funds Increase in Prepaids Decrease in Claims Payable Increase in Accounts Payable
Total Adjustments

$ (351)
(104) (349)
(57) (53) 119 (444)

Net Cash Used in Operating Activities

$ (795)

See accompanying notes to the basic financial statements.

26

COBB COUNTY SCHOOL DISTRICT STATEMENT OF FIDUCIARY ASSETS AND LIABILITIES FIDUCIARY FUNDS JUNE 30, 2014
(amounts expressed in thousands)
Assets: Cash and Cash Equivalents
Total Assets
Liabilities: Due to Student Groups Payroll Withholdings Payable
Total Liabilities

Agency Funds
$ 21,020 $ 21,020
$ 1,201 19,819
$ 21,020

See accompanying notes to the basic financial statements. 27

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
A. Reporting Entity:
The Cobb County School District (District) was established under the laws of the State of Georgia and operates under the guidance of a school board elected by the voters of Cobb County and has a superintendent appointed by the Board. The Board is organized as a separate legal entity and has the power to levy taxes and issue bonds. Its budget is not subject to approval by any other entity. Accordingly, the District is a primary government and consists of all the organizations that compose its legal entity.
A financial reporting entity consists of a primary government and its component units. A component unit is a legally separate entity that must be included in the reporting entity of a primary government in conformity with generally accepted accounting principles. Based on the guidance of the Governmental Accounting Standards Board (GASB) Statements 61, there are no component units combined with the District for financial statement presentation purposes, and the District is not included in any other governmental reporting entity.
B. Basis of Presentation:
The District's basic financial statements are collectively comprised of the District-wide financial statements, fund financial statements and the notes to the basic financial statements of the Cobb County School District.
District-wide Statements:
The Statement of Net Position and the Statement of Activities display information about the financial activities of the overall District, except for fiduciary activities. Eliminations have been made to minimize the double counting of internal activities. Governmental activities generally are financed through taxes, intergovernmental revenues, and nonexchange transactions.
The Statement of Activities presents a comparison between direct expenses and program revenues for each function of the District's governmental activities.
Direct expenses are those that are specifically associated with a program or function and, therefore, are clearly identifiable to a particular function. Indirect expenses (expenses of the District related to the administration and support of the District's programs, such as office and maintenance personnel and accounting) are not allocated to programs, except for federal indirect costs allocated to federal grant programs.
28

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Program revenues include (a) charges paid by the recipients of goods or services offered by the programs and (b) grants and contributions that are restricted to meeting the operational or capital requirements of a particular program. Revenues that are not classified as program revenues, including all taxes, are presented as general revenues.
Fund Financial Statements:
The fund financial statements provide information about the District's funds, including fiduciary funds. Separate statements for each category (governmental, proprietary and fiduciary) are presented. The emphasis of fund financial statements is on major governmental funds, each displayed in a separate column. All remaining governmental funds are aggregated and reported as nonmajor funds.
The District reports the following major governmental funds:
General Fund is the District's primary operating fund. It accounts for all financial resources of the District, except those resources required to be accounted for in another fund.
Special Purpose Local Option Sales Tax III Fund (SPLOST III) and Special Purpose Local Option Sales Tax IV Fund (SPLOST IV) account for sales tax proceeds required to be used for capital outlay for educational purposes as authorized by local referendum.
Additionally, the District reports the following fund types:
Special revenue funds account for restricted or committed specific revenues and their related expenditures. Revenues for the District include various federal and state grants, donations to the District, rental of District facilities, charges for after-school programs, adult high school, and performing arts.
Capital project funds account for restricted and assigned revenues and related capital expenditures. The expenditures are used for capital outlays for educational purposes as authorized by local referendum and management's decision.
Internal service funds (proprietary funds) account for insurance and unemployment compensation provided to other funds of the District on a cost reimbursement basis.
29

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Fiduciary funds (agency funds) account for assets and liabilities held by the District as an agent for various governments or individuals on the accrual basis of accounting. Specifically, the District temporarily holds assets for numerous school student activity organizations and payroll withholdings.
C. Basis of Accounting/Measurement Focus:
The basis of accounting determines when transactions are reported on the financial statements. The District-wide governmental activities and proprietary fund financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded at the time liabilities are incurred, regardless of when the related cash flows take place.
Nonexchange transactions, in which the District gives (or receives) value without directly receiving (or giving) equal value in exchange, include property taxes, sales taxes, grants and donations. On an accrual basis, revenue from property taxes is recognized in the fiscal year for which the taxes are levied. Revenue from sales taxes is recognized in the fiscal year in which the underlying transaction (sale) takes place. Revenue from grants and donations is recognized in the fiscal year in which all eligibility requirements have been satisfied. Agency funds report only assets and liabilities and, accordingly, do not have a measurement focus.
The District uses funds to report on its financial position and the results of its operations. Fund accounting is designed to demonstrate legal compliance and to aid financial management by segregating transactions related to certain governmental functions or activities. A fund is a separate accounting entity with a self-balancing set of accounts.
Governmental funds are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Under this method, revenues are recognized when measurable and available. The District considers all non-grant revenues reported in the governmental funds to be available if they are collected within 60 days after year-end. The District considers all intergovernmental revenues to be available if they are collected within 120 days after year-end. Property taxes, sales taxes, intergovernmental and interest are considered to be subject to accrual. Expenditures are recorded when the related fund liability is incurred, except for principal and interest on general long-term debt, claims and judgments, and compensated absences, which are recognized as expenditures to the extent they have matured. Capital asset acquisitions are reported as expenditures in governmental funds. Proceeds of general long-term liabilities and acquisitions under capital leases are reported as other financing sources.
30

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
The State of Georgia reimburses the District for teachers' salaries and operating costs through the Quality Basic Education (QBE) Formula Earnings program. State of Georgia law defines the formula driven grant that determines the cost of an academic school year and the State of Georgia's share in this cost. Generally teachers are contracted for the school year (July 1 June 30) and paid over a twelve month contract period, generally September 1 through August 31. In accordance with the requirements of the enabling legislation of the QBE program, the State of Georgia reimburses the District over the same twelve month period in which teachers are paid, funding the academic school year expenditures. At June 30, the amount of teachers' salaries incurred but not paid until July and August of the subsequent year are accrued as the State of Georgia has only postponed the final payment of their share of the cost until the subsequent appropriations for cash management purposes. By June 30 of each year, the State of Georgia has a signed appropriation that includes this final amount, which represents the State of Georgia's intent to fund this final payment. Based on guidance in Government Accounting Standards Board (GASB) Statement No. 33, paragraph 74, the State of Georgia recognizes its QBE liability for the July and August salaries at June 30, and the District recognizes the same QBE as a receivable and revenue, consistent with symmetrical recognition.
Under the terms of grant agreements, the District funds certain programs by a combination of specific cost-reimbursement grants, categorical grants, and general revenues. Thus, when program costs are incurred, there are both restricted and unrestricted net position available to finance the program. It is the District's policy to first apply grant resources to such programs, followed by cost-reimbursement grants, then general revenues.
Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses result from providing services. Operating revenues in the internal service funds are charges to customers for services. Operating expenses for internal service funds consist of the cost of services and administrative expenses. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses.
D. Cash and Cash Equivalents:
The District's cash and cash equivalents are considered to be cash on hand, demand deposits and short-term investments with original maturities of three months or less from the date of acquisition in authorized financial institutions. Georgia Law OCGA 45-8-14 authorizes the District to deposit its funds in one or more solvent banks or insured Federal savings and loans associations.
31

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) E. Investments: Included in cash equivalents are items such as deposits with the Georgia local government investment pool and certificate of deposits. All of the District's investments as of June 30, 2014, were purchased with a maturity date less than one year from the date of purchase. These investments are stated at fair value. Investments made by the District in nonparticipating interest-earning contracts (such as certificates of deposit) and repurchase agreements are reported at cost. Both participating interest-earning contracts and money market investments with a maturity at purchase greater than one year are reported at fair value. The Official Code of Georgia Annotated Section 3683-4 authorizes the District to invest its funds. In selecting among options for investment or among institutional bids for deposits, the highest rate of return shall be the objective, given equivalent conditions of safety and liquidity. Funds may be invested in the following:
(1) Obligations issued by the State of Georgia or by other States, (2) Obligations issued by the United States government, (3) Obligations fully insured or guaranteed by the United States government or a United
States government agency, (4) Obligations of any corporation of the United States government, (5) Prime banker's acceptances, (6) The Local Government Investment Pool administered by the State Treasurer of the
State of Georgia. (7) Repurchase agreements, and, (8) Obligations of other political subdivisions of the State of Georgia.
32

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
F. Receivables:
Receivables consist of amounts due from property and sales taxes, grant reimbursements due on Federal, State or other grants for expenditures made but not reimbursed and other receivables disclosed from information available. Receivables are recorded when either the asset or revenue recognition criteria has been met. Federal and State Aid Receivables at June 30, 2014 were as follows:

Federal Grants State Aid / Grants Federal and State

General Fund

$

-

62,936

$ 62,936

Special

Purpose Local

Option Sales

Tax III

$

-

5,065

$

5,065

Nonmajor Governmental

$

7,455

1,385

$

8,840

Total

$

7,455

69,386

$ 76,841

G. Property Taxes:

The Cobb County Board of Commissioners fixed the property tax levy for the 2013 tax digest year (calendar year) in July 2013 (levy date) based on property values as of January 1, 2013. Taxes were due on October 15, 2013 (lien date). Taxes collected within the current fiscal year or within 60 days after year-end on the 2013 tax digest are reported as revenue in the governmental funds for fiscal year 2014. The Cobb County Tax Commissioner bills and collects the property taxes for the School District, withholds 1.6% of taxes collected as a fee for tax collection and remits the balance of taxes collected to the District. Property tax revenues during the fiscal year ended June 30, 2014 totaled $405,971,000.

School tax by law cannot be greater than 20 mills per dollar for the support and maintenance of education. Tax millage rates levied for the 2013 tax year (calendar year) for the Cobb County School District were as follows (a mill equals $1 per thousand dollars of assessed value):

School Operations

18.90 mills

33

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
H. Sales Taxes:
A one percent Special Purpose Local Option Sales Tax is to be used for capital outlay for educational purposes and debt service. The State will terminate collection of this tax once an additional $657,945,531 has been collected or on December 31, 2018, whichever occurs first.
I. Inventories:
On the district-wide financial statements, inventories of donated food commodities used in the preparation of meals are reported at their Federally assigned value and purchased foods inventories are reported at cost (first in-first out). The District uses the consumption method to account for inventories whereby donated food commodities are recorded as an asset and as revenue when received, and expenses are recorded as the inventory items are used. Purchased foods are recorded as an asset when purchased and expenses are recorded as the inventory items are used.
On the fund statements, inventories of governmental funds are reported at cost (first in-firstout). The District uses the consumption method to account for inventories whereby expenditures are recorded when inventory items are used.
J. Prepaid Items:
Payments made to vendors for services that will benefit periods subsequent to June 30, 2014, are recorded as prepaids.
K. Capital Assets:
Capital assets purchased, including capital outlay costs, are recorded as expenditures in the fund financial statements at the time of purchase. On the District-wide financial statements, all purchased capital assets are valued at cost where historical records are available and at estimated historical cost based on appraisals or deflated current replacement cost where no historical records exist. Donated capital assets are recorded at fair market value on the date donated. Disposals are deleted at depreciated recorded cost. The cost of normal maintenance and repairs that do not add to the value of assets or materially extend the useful lives of the assets is not capitalized. Depreciation is computed using the straight-line method.
34

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Capitalization thresholds and estimated useful lives of capital assets reported in the District-

wide statements are as follows:

General

Useful

Policy

Life

Land

All

N/A

Buildings and Improvements Equipment

All $10,000

20 to 50 Years 5 to 10 Years

Intangible Assets Library Books and Textbooks

$1,000,000 All

10 Years 5 Years

Depreciation expense is used to allocate the actual or estimated historical cost of all capital assets over estimated useful lives.

L. Deferred Outflows/Inflows of Resources

Deferred outflows of resources represent a consumption of net position that applies to a future period (s) and so will not be recognized as an outflow of resources (expenses/ expenditures) until then. Cobb County School District has no items that qualify for reporting in this category.

Deferred inflows of resources represent an acquisition of net position that applies to a future period (s) and so will not be recognized as an inflow of resources (revenue) until that time. Cobb County School District has one type of item, which arises only under a modified accrual basis of accounting, that qualifies for reporting in this category. Accordingly, the item, unavailable revenue, is reported only in the governmental funds balance sheet. Governmental funds report unavailable revenues from one source: property taxes. This amount is deferred and recognized as an inflow of resources in the period that the amounts become available.

M. Net Position:

The School District's net position in the District-wide Statements are classified as follows:

Investment in capital assets This represents the School District's total investment in capital assets, net of outstanding debt obligations, as applicable, related to those capital assets. To the extent debt has been incurred but not yet expended for capital assets, such amounts are not included as a component of net investment in capital assets.

Restricted net position These represent resources for which the School District is legally or contractually obligated to spend resources for capital projects and support of Federal Programs in accordance with restrictions imposed by external third parties.

35

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Unrestricted net position Unrestricted net position represents resources derived from property taxes, sales, taxes, grants and contributions not restricted to specific programs, charges for services, and miscellaneous revenues. These resources are used for transactions relating to the educational and general operations of the School District, and may be used at the discretion of the Board to meet current expenses for those purposes.
N. Fund Balance:
Fund equity at the governmental fund financial reporting level is classified as "fund balance". Fund equity for all other reporting is classified as "net position".
Generally, fund balance represents the difference between the assets, liabilities, and deferred inflows of resources under the current financial resources measurement focus of accounting. In the fund financial statements, governmental funds report fund balance classifications that comprise a hierarchy based primarily on the extent to which the District is bound to honor constraints on the specific purposes for which amounts in those funds can be spent. The District's fund balances per Cobb County School District Board Policy DI, Acounting and Reporting, are classified as follows:
1) Non-spendable Fund Balance - Non-cash assets such as inventories or prepaid items.
2) Restricted Fund Balance - Funds with limitations imposed on their use by external restrictions imposed by creditors, grantors, or laws or regulations of other governments.
3) Committed Fund Balance - Amounts that can only be used for specific purposes pursuant to a formal action of the Board of Education through a majority vote on June 8, 2011. Only the Board may modify or rescind the commitment.
4) Assigned Fund Balance - Amounts intended by the Board of Education for specific purposes, but are neither restricted or committed. The Board of Education can choose to delegate this authority.
5) Unassigned Fund Balance - Residual spendable fund balance after subtracting all above amounts. Positive unassigned values are only reported in the General Fund.
36

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Committed Fund Balances The Board of Education, as the government's highest level of decision-making authority, may commit fund balance by a formal action through the approval of a motion and prior to the government's fiscal year-end for that fiscal year. Future modification or rescission of committed funds must likewise be accomplished by a formal vote of the Board of Education prior to fiscal year-end. Pursuant to the requirements of Governmental Accounting Statement 54, the Board of Education, on June 8, 2011, committed substantially all of the revenue received by the following Special Revenue funds to be used exclusively for each respective program's expenditures.

Special Revenue Fund Donations
After School Program
Performing Arts / Artists at School Tuition School / Adult High School
Facility Use / Public Safety
Local Schools

Revenue Source Donations by individuals or organizations to
benefit school programs. Attendance and registration fees of After
School Program (ASP). Voluntary student contributions to fund Performing Arts Programs and donations to fund artist workshops at local schools.
User tuition charges and GED fees. User rental fees and student parking permit
fees. Funds earned or donated at local schools used by local principals to benefit students
and faculty subject to District policy.

Assigned Fund Balances The Board of Education, through resolution, delegates to the Superintendent, through the Chief Financial Officer, the authority to assign funds for particular purposes.

Spending Prioritization When expenditures are incurred by the District that would qualify for payment with either restricted or unrestricted funds, it will be paid from restricted funds. When an expenditure is incurred that qualifies for payment from either of the three unrestricted fund balance categories, it will be applied in the following order:

1) Committed 2) Assigned 3) Unassigned

37

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Minimum Unassigned General Fund Balance The Board of Education will strive to maintain a minimum unassigned general fund balance, less encumbrances, equivalent to a range of 30 to 55 days of annual expenditures unless this is unfeasible due to circumstances beyond its control such as:

a) A substantial decrease in the county property tax digest b) A substantial decrease in State funding c) An unanticipated fiscal necessity

Schedule of Fund Balances

Fund Balances:

Special Purpose Special Purpose Nonmajor

Local Option Local Option Governmental

General Fund Sales Tax III Sales Tax IV

Funds

Total

Nonspendable: Inventory Prepaids

$ 584,000 92,000

$ 1,350,000 $ 1,934,000

114,000

206,000

Restricted for: Capital Projects School Nutrition Miscellanous Grants

64,510,000

45,718,000

19,213,000 3,000

110,228,000 19,213,000 3,000

Committed to: Local School Activities After School Program Tuition School / Adult High School Facility Use and Public Safety Programs Performing Arts and Artists at School Programs Donations for the Benefit of School Programs New School Building in South Cobb

5,000,000

9,378,000 2,972,000 1,013,000 1,194,000
108,000 125,000

9,378,000 2,972,000 1,013,000 1,194,000
108,000 125,000 5,000,000

Assigned to: Appropriation for Next Year's Budget Instruction Pupil Services Instructional Services School and Administrative Services Maintenance and Operations District-Wide Building Student Information Systems Psycho Ed

37,814,000 2,502,000 86,000 1,316,000 4,524,000 1,354,000

823,000 396,000 338,000

37,814,000 2,502,000 86,000 1,316,000 4,524,000 1,354,000 823,000 396,000 338,000

Unassigned: Total Fund Balance

89,510,000

89,510,000

$ 142,782,000 $ 64,510,000 $ 45,718,000 $ 37,027,000 $ 290,037,000

38

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 2. LEGAL COMPLIANCE BUDGETS:

The Board of Education budgets its operations on an annual basis for the General Fund and all Special Revenue Funds except the Local Schools Fund. Capital Projects Funds are budgeted on a multi-year, project-length basis. Prior to July 1 each year, the administration of the District submits a proposed budget to the Board of Education which conducts public hearings and legally adopts the budget. The administration then submits the adopted budget to the Georgia Department of Education for final approval.

The District prepares the budget on a basis other than accounting principles generally accepted in the United States of America (GAAP) as allowed by the State of Georgia. The District does not budget for other financing sources and uses, but rather budgets those as revenues and current expenditures of the funds. Appropriations not spent or encumbered lapse at year-end and encumbrances outstanding at that time are rebudgeted in the following fiscal year. Budget amendments which are funded through a decrease in fund balance must be approved by the Board of Education. All other budget amendments may be approved by the Superintendent or his designee.

The level of legal budgetary control (the level at which expenditures may not exceed appropriations) is at the function level within individual funds. Several supplementary appropriations were necessary during the fiscal year ended June 30, 2014.

For the year ended June 30, 2014, expenditures exceeded appropriations in several function areas (the legal level of budgetary control). These over-expenditures were offset by underexpenditures in other function areas within the same fund, or by revenues collected in excess of budgeted collections. The over-expenditures are identified in the following schedule:

General Fund: Pupil Services Business Services
Donations Instruction
After School Program Instruction
Special Education: Instruction Student Transportation
Vocational Education Fund: General Administration
Title IV Other Support Service

$ 2,379,000 1,164,000
3,000 101,000
5,643,000 258,000
9,000
3,000

39

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 3. CASH EQUIVALENTS, DEPOSITS AND INVESTMENTS
COLLATERALIZATION OF DEPOSITS Official Code of Georgia Annotated (OCGA) Section 45-8-12 provides that there shall not be on deposit at any time in any depository for a time longer than ten days a sum of money which has not been secured by surety bond, by guarantee of insurance or by collateral. The aggregate of the face value of such surety bond and the market value of securities pledged shall be equal to not less than 110 percent of the public funds being secured after the deduction of the amount of deposit insurance. If a depository elects the pooled method (OCGA 45-8-13.1) the aggregate of the market value of the securities pledged to secure a pool of public funds shall be not less than 110 percent of the daily pool balance. OCGA Section 45-8-11 (b) provides an officer holding public funds may, in his discretion, waive the requirement for security in the case of operating funds placed in demand deposit checking accounts.
Acceptable security for deposits consists of any one of or any combination of the following:
(1) Surety bond signed by a surety company duly qualified and authorized to transact business within the State of Georgia,
(2) Insurance on accounts provided by the Federal Deposit Insurance Corporation,
(3) Bonds, bills, notes, certificates of indebtedness or other direct obligations of the United States or of the State of Georgia,
(4) Bonds, bills, notes, certificates of indebtedness or other obligations of the counties or municipalities of the State of Georgia,
(5) Bonds of any public authority created by the laws of the State of Georgia, providing that the statute that created the authority authorized the use of the bonds for this purpose,
(6) Industrial revenue bonds and bonds of development authorities created by the laws of the State of Georgia, and
(7) Bonds, bills, notes, certificates of indebtedness, or other obligations of a subsidiary corporation of the United States government, which are fully guaranteed by the United States government both as to principal and interest or debt obligations issued by the Federal Land Bank, the Federal Home Loan Bank, the Federal Intermediate Credit Bank, the Central Bank for Cooperatives, the Farm Credit Banks, the Federal Home Loan Mortgage Association, and the Federal National Mortgage Association.
40

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 3. CASH EQUIVALENTS, DEPOSITS AND INVESTMENTS_(Continued)
Cash Equivalents and Deposits
Cash equivalents consist of bank checking, savings, money-market accounts, and certificate of deposits.
Custodial credit risk-deposits and investments
Custodial credit risk is the risk that in the event of bank failure, the District's cash equivalents and deposits may not be returned to the District. At June 30, 2014, the District had deposits with a carrying amount of $303,788,861 and a bank balance of $307,568,035. The bank balance was entirely covered by Federal depository insurance, by collateral held by the District or the District's agent in the District's name, or by a multiple financial institution collateral pool authorized by the State of Georgia that insures public deposits.
The District has no custodial credit risk since there are no uncollateralized or uninsured securities not in the District's name.
Investments
As of June 30, 2014, the District's investments included $237 in an investment pool account called Georgia Fund One, the combined state general fund and local government investment pool managed by the Office of the State Treasurer. On that date, these funds had a weighted average maturity of 62 days. In addition, the District had $430,823 in certificate of deposit in various financial institutions. These investments are reported as cash equivalents.
Credit Risk
The District's investment policy is to apply the prudent investor rule which states "investments shall be made with judgment and care, under circumstances when prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the primary objective of safety of capital as well as the objective of obtaining a market rate of return."
The policy of the District is to invest funds with larger banking institutions which are able to collateralize the public funds at 110%. Any bid to purchase securities must be from a broker/dealer who is a member of the NASD and SIPC and have a major presence in the metropolitan area.
41

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 3. CASH EQUIVALENTS, DEPOSITS AND INVESTMENTS (Continued)
The District's investment in Georgia Fund One, the State of Georgia Investment Pool, was rated AAAf by Standard & Poor's. The Office of the State Treasurer is the oversight agency for Georgia Fund One.
Concentration of Credit Risk
Concentration of credit risk is defined as investments of more than 5% in any one issuer. Georgia Fund One is excluded from the requirement of disclosing concentration of credit risk.
However, Georgia Fund 1 operates in a manner consistent with Rule 2a-7 of the Investment Company Act of 1940 and is considered to be a 2a-7 like pool. The pool is not registered with the SEC as an investment company. The pool's primary objectives are safety of capital, investment income, liquidity and diversification while maintaining principal ($1 per share value). Net asset value is calculated weekly to ensure stability. The pool distributes earnings (net of management fees) on a monthly basis and determines participant's shares sold and redeemed based on $1 per share. As of June 30, 2014, the District considers amounts held in Georgia Fund 1 as cash equivalents for financial statement presentation.
Interest Rate Risk
In accordance with its investment policy, the District will minimize interest rate risk, which is the risk that the market value of securities in the portfolio will fall due to changes in market interest rates, by structuring the investment portfolio so that securities mature to meet cash requirements for ongoing operations, thereby avoiding the need to sell securities in the open market, and investment operating funds primarily in money market funds or similar investment pools and limiting the average maturity in accordance with the District's cash requirements.
Foreign Currency Risk
The District is not authorized to invest in investments which have this type of risk.
Note 4. NON-MONETARY TRANSACTIONS:
The District received food commodities from the United States Department of Agriculture (USDA) for school breakfast and lunch programs. See Note 1 Inventories
42

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 5. CAPITAL ASSETS:

The following is a summary of changes in the capital assets during the fiscal year:

Governmental Activities Capital Assets, Not Being Depreciated:
Land
Construction In Progress Total Capital Assets Not Being Depreciated
Capital Assets Being Depreciated: Buildings and Improvements Equipment Library/Textbooks Total Capital Assets Being Depreciated
Less Accumulated Depreciation for: Buildings and Improvements Equipment Library/Textbooks Total Accumulated Depreciation
Total Capital Assets Being Depreciated-Net Governmental Capital Assets,Net

Balance June 30, 2013

$

114,970,000

46,330,000 161,300,000

1,665,669,000 114,086,000 97,051,000
1,876,806,000
610,681,000 84,624,000 80,013,000
775,318,000 1,101,488,000 $ 1,262,788,000

Increases

Decreases

Balance June 30, 2014

$ 9,947,000 $ 36,412,000 46,359,000

- $ 124,917,000

(43,590,000) (43,590,000)

39,152,000 164,069,000

44,560,000 7,024,000 4,031,000
55,615,000

(5,300,000) (5,453,000) (10,753,000)

1,710,229,000 115,810,000 95,629,000
1,921,668,000

49,223,000 7,260,000 7,831,000
64,314,000 (8,699,000) $ 37,660,000 $

(5,098,000) (5,453,000) (10,551,000)
(202,000) (43,792,000)

659,904,000 86,786,000 82,391,000
829,081,000 1,092,587,000 $ 1,256,656,000

Current year depreciation expense by function for governmental activities is as follows:

Instruction

$

Pupil Services

Instructional Services

School and Administrative Services

Pupil Transportation

Maintenance and Operations

$

51,209,000 3,366,000 2,032,000 4,075,000 3,602,000
30,000 64,314,000

43

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 6. INTERFUND ASSETS AND LIABILITIES:
Interfund receivable and payable balances result from the time lag between the dates that (1) interfund goods and services are provided or reimbursable expenditures occur, (2) transactions are recorded in the accounting system, and (3) payments between funds are made. All interfund balances will be paid within one year. Interfund receivable and payable balances by fund as of June 30, 2014 are disclosed in the following schedule:

Governmental Funds: General Fund
Nonmajor Governmental Funds: Adult Education Psycho Education Center Title I Miscellaneous Grant Vocational Education Title II Homeless Grant Title III Title IV Local Schools Total Nonmajor Governmental Funds
Proprietary Funds: Unemployment Compensation Fund Self-Insurance Fund Total Proprietary Funds
Total

Re ce ivable
$ 5,589,000
3,643,000 3,643,000
464,000 7,200,000 7,664,000 $ 16,896,000

Payable
$ 11,307,000
197,000 521,000 3,460,000
29,000 217,000 419,000
7,000 169,000 570,000
5,589,000
$ 16,896,000

44

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 7. INTERFUND TRANSFERS:
Interfund transfers are used to (1) move revenues from the fund that statute or budget requires to collect them to the fund that statute or budget requires to expend them and (2) to use unrestricted revenues in the general fund to finance various programs accounted for in other funds in accordance with budgetary authorizations.
Interfund transfers for the year ended June 30, 2014, consisted of the following:

Transfers Out:
General Fund: General Fund General Fund General Fund Total General Fund
Nonmajor Governmental Funds: Student Information Systems Fund Facility Use / Public Safety Fund Total Nonmajor Governmental Funds

Transfers In:
Facility Use / Public Safety Fund Tuition School / Adult High School Fund Self-Insurance Fund
General Fund General Fund

Total for All Funds

Amount

$

855,000

201,000

795,000

$

1,851,000

$

2,000

160,000

$

162,000

$

2,013,000

Note 8. RISK MANAGEMENT
The District is self-insured for all claims under general liability, vehicle accidents and workers compensation. The District maintains as policy for excess workers compensation. The District is commercially insured for property, contents and boiler and carries fidelity bond coverage for employee dishonesty, in addition to a state-mandated Superintendent's bond and school principals' bond.
Premiums are paid into Internal Service funds by user funds and are available to pay claims and administrative costs of the program and establish claim reserves. These interfund premiums are recognized as revenue in the internal service funds. Actuarial analysis provides estimated ultimate losses for workers compensation and automobile liability, which are then converted to present values using an interest rate of 3%.

45

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 8. RISK MANAGEMENT (Continued)
Estimated claims for the next fiscal year total $1,815,000 and the non-current liability for succeeding years is $4,541,000. In the past, the amount of any insurance settlements has not exceeded the insurance coverage for the past three years.

Estimated Unpaid Claims at Beginning
of Fiscal Year

Claims and Changes in Estimates

Claim Payments

Estimated Unpaid Claims at
End of Fiscal Year

2013 $

6,309,000 $ 2,721,000 $ (2,621,000) $ 6,409,000

2014 $

6,409,000 $ 3,142,000 $ (3,195,000) $ 6,356,000

Note 9. LONG-TERM OBLIGATIONS:

Fiscal year 2014 long-term obligations are as follows:

Accrued Vacation Pay Total

Balance 6/30/2013

Added

Retired

Balance 6/30/2014

Currert Amounts Long-term

Due Within One Amounts Due

Year

After One Year

$ 7,731,000 $ 3,168,000 $ (2,834,000) $ 8,065,000 $ 2,956,000 $ 5,109,000

$ 7,731,000 $ 3,168,000 $ (2,834,000) $ 8,065,000 $ 2,956,000 $ 5,109,000

Accrued vacation pay is generally liquidated by the General Fund.
Note 10. ON-BEHALF PAYMENTS:
The State of Georgia makes certain health insurance and pension plan payments on behalf of the District for its employees. The District records these payments as both a revenue and expenditure in the General Fund. The total of the on-behalf payments for the fiscal year ended June 30, 2014 was $49,861,364.

46

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 11. COMMITMENTS AND CONTINGENCIES:

The District makes various contractual commitments on an ongoing basis for construction and remodeling of its capital assets. The major outstanding commitments as of June 30, 2014 included additions and renovations at two elementary schools and one high school. As of June 30, 2014, the contract price and expenditures to date for the largest projects were as follows:

Projects

Contract Price

Expenditures To Date

Addition/Renovations Birney ES Addition/Renovations Teasley ES Addition/Renovations Wheeler HS

$ 3,005,570 5,208,077
23,811,491

$ 2,582,152 581,019
21,946,396

The District participates in numerous state and federal grant programs, which are governed by various rules and regulations of the grantor agencies. Costs charged to the respective grant programs are subject to audit and adjustment by the grantor agencies; therefore, to the extent that the District has not complied with the rules and regulations governing the grants, refunds of any money received may be required and the collectability of any related receivable at June 30, 2014, may be impaired. In the opinion of the District, there are no significant contingent liabilities relating to compliance with the rules and regulations governing the respective grants; therefore, no provision has been recorded in the accompanying combined financial statements for such contingencies.

The District is a defendant in various lawsuits. Although the outcome of these lawsuits is not presently determinable, in the opinion of the District's attorney, the resolution of these matters will not have a material adverse effect on the financial condition of the District.

Note 12. COMPENSATED ABSENCES:

It is the District's policy to allow employees to accumulate earned but unused vacation benefits. Employees are compensated for qualifying vacation benefits upon termination of their employment with the District. A liability for these vacation benefits are accrued and include social security, medicare, and workers compensation. Employees are not compensated for sick leave benefits upon termination of their employment. Therefore, no liability is reported for earned but unused sick leave benefits.

47

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 13. RETIREMENT PLANS:
Teachers Retirement System of Georgia (TRS):
Plan Description
Substantially all teachers, administrators and clerical personnel are members of this costsharing multiple-employer defined benefit public employee retirement system. TRS was created in 1943 by an act of the Georgia General Assembly and is administered by a ten member Board of Trustees. TRS is funded by a combination of employee, employer and State of Georgia contributions. Benefits are established by State statute and provide retirement, death, long-term disability, survivor and health insurance premium benefits. TRS issues a comprehensive annual financial report that includes financial statements and required supplementary information. To obtain a copy of the report contact the Teachers Retirement System of Georgia at Two Northside 75, Suite 100, Atlanta, Georgia 30318.
Funding Policy
Plan members are required to contribute 6.00 percent of their annual covered payroll and the District is required to contribute 12.28 percent of the covered payroll. The contribution is an actuarially determined rate. The contribution requirements of plan members and the District are established and may be amended by the TRS Board of Trustees. The District's contributions to TRS for the years ended June 30, 2014, 2013 and 2012 were $66,722,934, $63,010,753, and $58,155,546 respectively, which were equal to the required contribution for each year.
Public School Employee Retirement System of Georgia (PSERS):
Plan Description
Bus drivers, maintenance, custodial, and lunchroom personnel are members of this costsharing multiple-employer defined benefit public employee retirement system. PSERS is administered by a Board of Trustees. PSERS is funded by employee and State of Georgia contributions. Benefits are established by State statute and provide retirement, death, longterm disability and survivor benefits. PSERS issues an annual financial report that includes financial statements and required supplementary information. To obtain a copy of the report contact the Employees' Retirement System of Georgia at Two Northside 75, Suite 300, Atlanta, Georgia 30318.
48

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014
Note 13. RETIREMENT PLANS (Continued):
Funding Policy
Plan members are required to contribute ten dollars per month for the nine month school year. The State of Georgia makes an annual contribution to PSERS based upon an actuarial calculation. The District does not make an annual contribution to PSERS. The contribution requirements of plan members and the State are established and may be amended by the PSERS Board of Trustees.
Note 14. POSTEMPLOYMENT BENEFITS:
Georgia Retiree Health Benefit Fund
Plan Description
The Cobb County School District contributes to the Georgia Retiree Health Benefit Fund (GRHBP), a healthcare plan administered by the Georgia Department of Community Health. The GRHBP is a cost-sharing multiple-employer defined-benefit postemployment healthcare plan that covers former state employees, former teachers and former public school employees who met eligibility criteria when active. The GRHPB provides health insurance benefits to eligible former employees and their qualified beneficiaries through the State Health Benefit Plan (SHBP) administered by the Department of Community Health. The Official Code of Georgia Annotated (OCGA) assigns the authority to establish and amend the benefit provisions of the group health plans, including benefits for retirees, to the Board of Community Health (Board). The Department of Community Health issues a publicly available financial report that includes financial statements and required supplementary information for the GRHBP. That report may be obtained from the Georgia Department of Community Health at 2 Peachtree Street, Atlanta, GA 30303.
Funding Policy
The contribution requirements of plan members and participating employers are established by the Board in accordance with the current Appropriations Act and may be amended by the Board. Contributions of plan members or beneficiaries receiving benefits vary based on plan election, dependent coverage, and Medicare eligibility and election. On average, plan members pay approximately twenty-three percent (23%) of the cost of health insurance coverage. Participating employers are statutorily required to contribute in accordance with the employer contribution rates established by the Board.
49

COBB COUNTY SCHOOL DISTRICT Notes to the Basic Financial Statements JUNE 30, 2014

Note 14. POSTEMPLOYMENT BENEFITS (Continued):

The contribution rate is established to fund both the active and retired employee health insurance plans based on projected "pay-as-you-go" financing requirements. Contributions are not based on the actuarially calculated annual required contribution (ARC) which represents a level of funding that, if paid on an ongoing basis, is projected to cover normal cost each year and amortize any unfunded actuarial liabilities (or funding excess) over a period not to exceed thirty years.

The combined rates for the active and retiree contribution rates established by the Board for employees participating in the SHBP were as follows for the fiscal year ended June 30, 2014:

Certified employees July 2013 - June 2014
Non-Certificated Employees July 2013 - June 2014

$945.00 per member per month $596.20 per member per month

No additional contribution was required by the Board for fiscal year 2014 nor contributed to the GRHBP to prefund retiree benefits. Such additional contribution amounts are determined annually by the Board in accordance with the State plan for other postemployment benefits and are subject to appropriation.
The School District's combined active and retiree contributions to the health insurance plans, which equaled the required contribution, for the current fiscal year and the preceding two fiscal years were as follows:

Fiscal Year 2014 2013 2012

Contribution $97,431,371 $91,313,591 $81,239,085

Contribution
Percentage 100% 100% 100%

50

COMBINING AND INDIVIDUAL FUND STATEMENTS AND SCHEDULES Nonmajor Governmental Funds
Special Revenue Funds

These funds are used to account for proceeds of specific revenue sources that are legally restricted or committed to expenditures for specified purposes other than debt service or capital projects. These funds also account for receipts and expenditures of resources transferred from the General Fund where revenues are inadequate to finance specified activities.

Donations Facility Use/Public Safety

This fund is created to provide accounting of donations which are made to the District for specific purposes by individuals or organizations.
This fund is created to provide accounting of the Facility Use program which organizes the rental of school facilities during non-instructional hours to provide the community with a place to hold activities at a nominal fee and to account for funds collected for parking decals sold to students, which are used to pay for campus police officers. In addition to parking decals sold to students, funds are transferred from the General fund.

After School Program

This fund is created to provide accounting of funds for the After School Program which utilizes designated school facilities for the purpose of providing supervision to children from school release time until 6:00 p.m. This program is self-supported from charges of daily attendance fees and non-refundable annual registration fees per enrolled child.

Performing Arts/Artist at School Tuition School/Adult High School

This fund is created to account for funds for the Performing Arts Program which offers an opportunity for students in kindergarten through eighth grade to experience professional quality performing arts experiences. These experiences include off-campus trips to art museums, symphony concerts, ballet and theater performances, as well as in-house musical and dramatic presentations. The program is funded through voluntary student contributions and charges for participation. Artist at School fund is created to provide accounting of funds which are provided to local artists as compensation for workshops held in the district's schools.
This fund is created to provide accounting for the Tuition School Program which provides the opportunity for students to make up school classes and provide enrichment and remedial work at various instructional levels. This program is supported by user tuition charges. This fund is created to account for funds for the Adult High School Program which provides the opportunity for students 16 years of age, and older, who are not enrolled in a regular high school, to improve their basic educational skills and work towards high school completion.

51

Miscellaneous Grants School Nutrition
(i3) Investing in Innovation Adult Education Psycho Education Center Title I
Special Education Vocational Education Title II Race to the Top Homeless Grant

This fund is established to provide accounting of funds received and represent a compilation of several grants which are awarded for educational purposes.
This fund is established to provide accounting of funds which are used for the operation of school lunchrooms. All lunches and breakfasts provide at least one-third of each student's nutritional needs and are available at a minimal cost. Free and reduced meals are provided for qualifying students. All lunchrooms are regularly inspected by the Cobb County Health Department and meet prescribed standards of the State Department of Education.
This fund is established to provide accounting of grant funds passed through Georgia State University which support local efforts by providing high quality teachers to improve student achievement.
This fund is established to provide accounting for grant funds via the Georgia Department of Technical and Adult Education which are used to educate adults and is a part of the national effort to ensure that all adults are literate and able to compete in the global economy.
This fund is established to provide accounting for grant funds via the Georgia Department of Education which are used to provide appropriate education for students identified as severely emotionally behavior disordered, or autistic.
This fund is established to provide accounting of Title I funds which are provided as part of the No Child Left Behind Act of 2001. This act provides federal funds through the Georgia Department of Education to local school districts to help disadvantaged children meet high standards. The goal is to have a quality education for all children by having local schools and state departments work together.
This fund is established to provide accounting of federal revenues received to provide programs for direct and related support services for handicapped children.
This fund is established to provide accounting of federal grant revenues provided for career training and opportunities to students
This fund is established to provide accounting of federal categorical grant funds which flow through the Georgia Department of Education to our school district. The funds are used to advance teacher quality through professional learning, preparation, recruitment and
This fund is established to provide accounting of federal revenues received to execute improvement in the following four areas: teacher effectiveness, implementation of standards and assessments, improvement in data use and collections, and supporting disadvantaged schools.
This fund is established to provide accounting of funds for federal categorical grant funds which flow through the Georgia Department of Education and are used to provide educational services to homeless children.

52

USDA Fruits and Vegetables Title III
Title IV Local School Funds

This fund is established to provide accounting of federal grant funds which flow through the Georgia Department of Education Food and Nutrition Program. The funds provide free fresh fruits and vegetables to school children outside of the lunch or breakfast food service periods.
This fund is established to provide accounting of federally funded grants for programs that support Limited English Proficiency (LEP) students and their families, through language instructional programs. These programs include community participation programs, family literacy services, parent outreach and training activities to improve the English language skills of limited English proficient children and assistance for parents in helping their children to improve their academic achievement.
This fund is established to provide accounting of federal categorical grant funds which are directly funded from the U.S. Department of Education and may flow through the Georgia State Department of Education. The funds are used to promote the Safe and Drug Free Schools Program, the Mentoring Program and the 21st Century Community Learning Centers Program for students in our schools.
This fund is established to provide accounting for local school resources generated through ticket sales, commissions, vending, donations, etc. in which the administration has a material degree of involvement. These revenues have been committed by the Board for use by local principals to benefit students and faculty subject to District policy.

Capital Projects Funds
These funds are established to provide accounting for financial resources to be used for the acquisition and construction of major capital facilities. The District has three nonmajor funds used for those purposes; the Special Purpose Local Option Sales Tax II Fund, the District-Wide Building Fund, and the Student Information Systems Fund.

53

COBB COUNTY SCHOOL DISTRICT COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2014
(amounts expressed in thousands)
ASSETS:
Cash and Cash Equivalents Federal and State Aid Receivable Accounts Receivable Due From Other Funds Prepaid Expenditures Inventories
Total Assets
LIABILITIES AND FUND BALANCES:
Liabilities: Accounts Payable Accrued Payroll and Payroll Withholdings Accrued Employee Benefits Due to Other Funds Unearned Revenue Total Liabilities
Fund Balances: Nonspendable Restricted Committed Assigned
Total Fund Balances Total Liabilities and Fund Balances

Special Revenue

Donations

Facility Use/ Public
Safety

After School Program

Performing Arts/ Artist at School
Program

$ 128 $ 1,258 $ 3,020 $

108

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

$ 128 $ 1,258 $ 3,020 $

108

$

3$

46 $

48 $

-

-

16

-

-

-

2

-

-

-

-

-

-

-

-

-

-

3

64

48

-

-

-

-

-

-

-

-

-

125

1,194

2,972

108

-

-

-

-

125

1,194

2,972

108

$ 128 $ 1,258 $ 3,020 $

108

54

Tuition School/ Adult High School

Misc. Grants

Special Revenue

School Nutrition

(i3) Investing in Innovation

Adult Education

Psycho Education
Center

$ 1,057 $ -
-
$ 1,057 $

- $ 22,180 $

40

-

-

13

-

-

-

114

-

1,350

40 $ 23,657 $

3$ -
-
3$

-$

-

226

1,119

-

-

-

-

-

-

-

-

226 $ 1,119

$

2$

7 $ 145 $

38

2

1,511

4

2

618

-

29

-

-

-

706

44

40

2,980

-$

13 $

-

-

15

192

-

1

68

-

197

521

-

-

-

-

226

781

1,013 -
1,013
$ 1,057 $

-

1,464

-

19,213

-

-

-

-

-

20,677

40 $ 23,657 $

3 -
3
3$

-

-

-

-

-

-

-

338

-

338

226 $ 1,119

Continued---

55

COBB COUNTY SCHOOL DISTRICT COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2014
(amounts expressed in thousands)
ASSETS:
Cash and Cash Equivalents Federal and State Aid Receivable Accounts Receivable Due From Other Funds Prepaid Expenditures Inventories
Total Assets
LIABILITIES AND FUND BALANCES:
Liabilities: Accounts Payable Accrued Payroll and Payroll Withholdings Accrued Employee Benefits Due to Other Funds Unearned Revenue Total Liabilities
Fund Balances: Nonspendable Restricted Committed Assigned Total Fund Balances
Total Liabilities and Fund Balances

Special Revenue

Title I

Special

Vocational

Education Education

Title II

$

- $ 782 $

-$

-

4,992

830

235

542

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

$ 4,992 $ 1,612 $ 235 $ 542

$ 258 $

-$

15 $

48

983

1,181

3

61

291

431

-

14

3,460

-

217

419

-

-

-

-

4,992

1,612

235

542

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

$ 4,992 $ 1,612 $ 235 $ 542

56

Race to the Homeless Top Grant Grant

Special Revenue

USDA Fruits and Vegetables

Title III

Title IV

Local School Funds

$

-$

16

-

-

-

-

$

16 $

-$ 8 -
-
8$

-$ -
-
-$

-$ 220
-
-
220 $

- $ 5,735

612

-

-

-

-

3,643

-

-

-

-

612 $ 9,378

$

-$

15 1 -
16

-$
1 7 8

-$

1$

32 $

-

-

39

9

-

-

11

1

-

-

169

570

-

-

-

-

-

-

220

612

-

-

-

-

-

-

$

16 $

-
-
8$

-
-
-$

-
-
220 $

-

-

-

-

-

9,378

-

-

-

9,378

612 $ 9,378

Continued---

57

COBB COUNTY SCHOOL DISTRICT COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2014
(amounts expressed in thousands)
ASSETS:
Cash and Cash Equivalents Federal and State Aid Receivable Accounts Receivable Due From Other Funds Prepaid Expenditures Inventories
Total Assets
LIABILITIES AND FUND BALANCES:
Liabilities: Accounts Payable Accrued Payroll and Payroll Withholdings Accrued Employee Benefits Due to Other Funds Unearned Revenue Total Liabilities
Fund Balances: Nonspendable Restricted Committed Assigned Total Fund Balances
Total Liabilities and Fund Balances

Districtwide
Building

Capital Projects Special Purpose
Local Option Sales Tax II

Student Information
Systems

Total

$

841 $

-

-

-

-

-

$

841 $

-$ -
-
-$

396 $ -
-
396 $

35,508 8,840 13 3,643 114
1,350
49,468

$

18 $

-
18

-

-

-

823

823

$

841 $

-$
-

-$
-

636
4,066 1,444 5,589
706 12,441

-
-
-$

396
396
396 $

1,464 19,216 14,790 1,557
37,027
49,468

Concluded.

58

(This page was left blank intentionally)

COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE NONMAJOR GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands)
REVENUES: Taxes Intergovernmental Tuition and Fees Interest Income Athletic Ticket Sales Other
Total Revenues

Donations

$

-

-

-

-

75

75

Special Revenue

Facility

Use/

After

Public

School

Safety

Program

Performing Arts/Artist at
School Program

$

-$

-$

-

-

-

-

1,255

8,139

305

-

-

-

-

-

-

-

-

2

1,255

8,139

307

EXPENDITURES: Current:
Instruction Pupil Services Instructional Services School and Administrative
Services Student Transportation Maintenance and Operations Student Activities Capital Outlay
Total Expenditures
Excess (deficiency) of Revenues Over (Under) Expenditures
Other Financing Sources (Uses): Transfers-In Transfers-Out Proceeds from Sale of Capital Assets Total Other Financing Sources (Uses)

7

-

825

343

14

-

-

-

30

-

-

-

23

488

6,639

-

-

-

-

-

-

1,288

-

-

-

-

-

-

-

-

52

-

74

1,776

7,516

343

1

(521)

623

(36)

-

855

-

-

-

(160)

-

-

-

-

-

-

-

695

-

-

Net Change in Fund Balances Fund Balances, Beginning of Year

1

174

623

(36)

124

1,020

2,349

144

Fund Balances, End of Year

$ 125 $ 1,194 $ 2,972 $

108

59

Tuition School/ Adult High School

$

-

-

666

-

-

666

Misc. Grants

$

-

216

-

-

67

283

Special Revenue

School Nutrition

(i3) Investing in Innovation

$

-$

-

31,898

11

19,040

-

48

-

-

-

61

-

51,047

11

Adult Education

$

-

938

-

-

-

938

Psycho Education
Center

$

-

5,304

-

-

31

5,335

335

40

-

-

17

-

108

245

-

242

1

51,892

-

-

-

-

-

-

-

-

-

-

-

1,262

685

303

53,154

(19)

(20)

(2,107)

201 -
201
182
831
$ 1,013 $

-

-

-

-

-

12

-

12

(20)

(2,095)

20

22,772

- $ 20,677 $

-

-

3,893

-

-

1,094

8

-

256

-

938

60

-

-

19

-

-

4

-

-

-

-

-

1

8

938

5,327

3
-
3 -
3$

-

8

-

-

-

-

-

-

-

-

-

8

-

330

-$

338

Continued---

60

COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE NONMAJOR GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands)

Special Revenue

REVENUES: Taxes Intergovernmental Tuition and Fees Interest Income Athletic Ticket Sales Other
Total Revenues
EXPENDITURES: Current:
Instruction Pupil Services Instructional Services School and Administrative
Services Student Transportation Maintenance and Operations Student Activities Capital Outlay
Total Expenditures
Excess (deficiency) of Revenues Over (Under) Expenditures
Other Financing Sources (Uses): Transfers-In Transfers-Out Proceeds from Sale of Capital Assets Total Other Financing Sources (Uses)
Net Change in Fund Balances
Fund Balances, Beginning of Year
Fund Balances, End of Year

Title I

$

-

19,161

-

-

-

19,161

Special Education

$

-

17,236

-

-

-

17,236

Vocational Education

$

-

663

-

-

-

663

Title II

$

-

2,456

-

-

-

2,456

8,823 23
8,078
2,026 131 80
19,161

8,571 2,493 3,920
974 1,278
17,236

264

-

-

-

97

2,407

9

37

-

-

-

-

-

-

293

12

663

2,456

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

$

-$

-$

-$

-

61

Special Revenue

Race to the Top

Homeless Grant

USDA Fruit and Vegetables

Title III

Title IV

Local School Funds

$

-$

-$

-$

-$

-$

-

16

57

195

1,059

1,685

-

-

-

-

-

-

27,751

-

-

-

-

-

9

-

-

-

-

-

3,219

-

-

-

-

-

-

16

57

195

1,059

1,685

30,979

-

1

-

21

878

-

-

-

-

166

276

-

16

36

-

654

219

-

-

2

195

208

100

-

-

18

-

10

179

-

-

-

-

-

9

-

-

-

-

-

-

29,710

-

-

-

-

24

-

16

57

195

1,059

1,685

29,710

-

-

-

-

-

1,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,269

-

-

-

-

-

8,109

$

-$

-$

-$

-$

- $ 9,378

Continued---

62

COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE NONMAJOR GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands)

REVENUES:
Taxes Intergovernmental Tuition and Fees Interest Income Athletic Ticket Sales Other
Total Revenues

DistrictWide
Building

$

-

-

-

2

19

21

Capital Projects Special Purpose
Local Option Sales Tax II

$

-

-

-

1

-

1

Student Information
Systems

$

1

-

-

1

-

2

Total

$

1

80,895

57,156

61

3,219 255

141,587

EXPENDITURES: Current:
Instruction Pupil Services Instructional Services School and Administrative
Services Student Transportation Maintenance and Operations Student Activities Capital Outlay
Total Expenditures
Excess (deficiency) of Revenues Over (Under) Expenditures
Other Financing Sources (Uses): Transfers-In Transfers-Out Proceeds from Sale of Capital Assets Total Other Financing Sources (Uses)

-
548 -
213 761
(740)
-

-
337 -
842 1,179
(1,178)
-

-

24,001

-

4,083

-

16,074

-

64,719

-

1,635

-

1,301

-

29,710

-

2,779

-

144,302

2

(2,715)

-

1,056

(2)

(162)

-

12

(2)

906

Net Change in Fund Balances Fund Balances, Beginning of Year

(740) 1,563

(1,178) 1,178

-

(1,809)

396

38,836

Fund Balances, End of Year

$

823 $

-$

396 $ 37,027

Concluded.

63

COBB COUNTY SCHOOL DISTRICT DONATIONS-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Local
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

75 $

75 $

75

75

75

75

Variance With Final Budget -
Positive (Negative)

$

-

-

EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services General Administration School Administration Central Operations
Total Expenditures

4

4

29

29

52

52

1

1

7

7

96

96

189

189

7

(3)

14

15

30

22

1

-

1

6

21

75

74

115

Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year

(114)

(114)

1

115

124

124

124

-

$

10 $

10 $

125 $

115

64

COBB COUNTY SCHOOL DISTRICT FACILITY USE/ PUBLIC SAFETY-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Local Other
Total Revenues
EXPENDITURES: Maintenance and Operation of Plant Community Service Operations
Total Expenditures

Budgeted Amounts

Original

Final

Actual Amounts

$

1,236 $

1,286 $

1,255

855

855

855

2,091

2,141

2,110

1,415 676
2,091

1,415 726
2,141

1,288 648
1,936

Variance With Final Budget -
Positive (Negative)

$

(31)

-

(31)

127 78
205

Net Change in Fund Balance

-

-

174

174

Fund Balance, Beginning of Year

1,020

1,020

1,020

-

Fund Balance, End of Year

$

1,020 $

1,020 $

1,194 $

174

65

COBB COUNTY SCHOOL DISTRICT AFTER SCHOOL PROGRAM-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Local
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

7,319 $

7,319 $

8,139

7,319

7,319

8,139

Variance With Final Budget -
Positive (Negative)

$

820

820

EXPENDITURES: Instruction Community Service Operations
Total Expenditures

724 6,595
7,319

724 7,135
7,859

825 6,691
7,516

(101) 444
343

Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year

-

(540)

623

2,349

2,349

2,349

$

2,349 $

1,809 $

2,972 $

1,163 -
1,163

66

COBB COUNTY SCHOOL DISTRICT PERFORMING ARTS/ARTIST AT SCHOOL PROGRAM-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Local Other
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

372 $

372 $

307

7

-

-

379

372

307

Variance With Final Budget -
Positive (Negative)

$

(65)

-

(65)

EXPENDITURES: Instruction
Total Expenditures

379

372

343

29

379

372

343

29

Net Change in Fund Balance Fund Balance, Beginning of Year

-

-

(36)

(36)

144

144

144

-

Fund Balance, End of Year

$

144 $

144 $

108 $

(36)

67

COBB COUNTY SCHOOL DISTRICT TUITION SCHOOL/ADULT HIGH SCHOOL-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Local Other
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

953 $

933 $

666

201

201

201

1,154

1,134

867

Variance With Final Budget -
Positive (Negative)

$

(267)

-

(267)

EXPENDITURES:

Instruction

648

628

335

293

Improvement of Instructional Services

127

127

104

23

Educational Media Services

22

22

4

18

School Administration

69

69

8

61

Community Services Operations

288

289

234

55

Total Expenditures

1,154

1,135

685

450

Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year

-

(1)

182

183

831

831

831

-

$

831 $

830 $

1,013 $

183

68

COBB COUNTY SCHOOL DISTRICT MISCELLANEOUS GRANTS-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Local State Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

Variance With Final Budget -
Positive (Negative)

$

-$

47 $

67 $

20

-

7

4

(3)

200

252

212

(40)

200

306

283

(23)

EXPENDITURES:

Instruction

-

40

40

-

Pupil Services

-

21

18

3

Improvement of Instructional Services

200

246

245

1

Total Expenditures

200

307

303

4

Net Change in Fund Balance Fund Balance, Beginning of Year

-

(1)

(20)

(19)

20

20

20

-

Fund Balance, End of Year

$

20 $

19 $

-$

(19)

69

COBB COUNTY SCHOOL DISTRICT SCHOOL NUTRITION-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES:
Local State Federal Other
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

21,160 $

21,160 $

19,092

1,204

1,204

1,310

32,355

32,355

30,588

12

12

69

54,731

54,731

51,059

Variance With Final Budget -
Positive (Negative)

$

(2,068)

106

(1,767)

57

(3,672)

EXPENDITURES: School Nutrition Program
Total Expenditures

54,731 54,731

55,065 55,065

53,154 53,154

1,911 1,911

Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year

22,772

(334) 22,772

(2,095) 22,772

$

22,772 $

22,438 $

20,677 $

(1,761) -
(1,761)

70

COBB COUNTY SCHOOL DISTRICT (I3) INVESTING IN INNOVATION FUND - SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

10 $

10 $

11

10

10

11

Variance With Final Budget -
Positive (Negative)

$

1

1

EXPENDITURES:

Improvement of Instructional Services

10

10

8

2

Total Expenditures

10

10

8

2

Net Change in Fund Balance

-

-

3

3

Fund Balance, Beginning of Year

-

-

-

-

Fund Balance, End of Year

$

-$

-$

3$

3

71

COBB COUNTY SCHOOL DISTRICT ADULT EDUCATION-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES:
State Federal Other Sources
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

375 $

378 $

378

583

560

560

10

-

-

968

938

938

Variance With Final Budget -
Positive (Negative)

$

-

-

-

-

EXPENDITURES: Community Service Operations
Total Expenditures

968

938

938

-

968

938

938

-

Net Change in Fund Balance Fund Balance, Beginning of Year

-

-

-

-

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

72

COBB COUNTY SCHOOL DISTRICT PSYCHO EDUCATION CENTER-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES:
State Federal Other
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

5,056 $

5,774 $

4,944

450

480

360

37

39

31

5,543

6,293

5,335

Variance With Final Budget -
Positive (Negative)

$

(830)

(120)

(8)

(958)

EXPENDITURES:

Instruction

3,949

4,271

3,893

378

Pupil Services

1,163

1,214

1,094

120

Improvement of Instructional Services

311

330

256

74

General Administration

50

54

49

5

School Administration

3

4

3

1

Business Services

7

9

8

1

Maintenance and Operation of Plant

36

8

4

4

Student Transportation

24

44

20

24

Total Expenditures

5,543

5,934

5,327

607

Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year

-

359

8

(351)

330

330

330

-

$

330 $

689 $

338 $

(351)

73

COBB COUNTY SCHOOL DISTRICT TITLE I-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues
EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services General Administration Student Transportation Other Support Services
Total Expenditures

Budgeted Amounts

Original

Final

Actual Amounts

$

19,866 $

22,197 $

19,161

19,866

22,197

19,161

9,357 220
7,577 550 333
1,829
19,866

10,089 29
8,771 1,029
149 2,130
22,197

8,872 23
7,621 849 131
1,665
19,161

Variance With Final Budget -
Positive (Negative)

$

(3,036)

(3,036)

1,217 6
1,150 180 18 465
3,036

Net Change in Fund Balance

-

-

-

-

Fund Balance, Beginning of Year

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

74

COBB COUNTY SCHOOL DISTRICT SPECIAL EDUCATION-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

19,318 $

18,969 $

17,236

19,318

18,969

17,236

Variance With Final Budget -
Positive (Negative)

$

(1,733)

(1,733)

EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services General Administration Student Transportation
Total Expenditures

11,398 3,837 2,456
708 919
19,318

2,928 5,149 8,763 1,109 1,020
18,969

8,571 2,493 3,920
974 1,278
17,236

(5,643) 2,656 4,843
135 (258)
1,733

Net Change in Fund Balance Fund Balance, Beginning of Year

-

-

-

-

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

75

COBB COUNTY SCHOOL DISTRICT VOCATIONAL EDUCATION-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

754 $

678 $

663

754

678

663

Variance With Final Budget -
Positive (Negative)

$

(15)

(15)

EXPENDITURES:

Instruction

498

557

556

1

Improvement of Instructional Services

230

97

97

-

General Administration

26

24

10

14

Total Expenditures

754

678

663

15

Net Change in Fund Balance Fund Balance, Beginning of Year

-

-

-

-

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

76

COBB COUNTY SCHOOL DISTRICT TITLE II-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

2,030 $

4,602 $

2,456

2,030

4,602

2,456

Variance With Final Budget -
Positive (Negative)

$

(2,146)

(2,146)

EXPENDITURES: Improvement of Instructional Services General Administration
Total Expenditures

1,810 220
2,030

4,159 443
4,602

2,245 211
2,456

1,914 232
2,146

Net Change in Fund Balance

-

-

-

-

Fund Balance, Beginning of Year

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

77

COBB COUNTY SCHOOL DISTRICT RACE TO THE TOP-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

19 $

19 $

16

19

19

16

Variance With Final Budget -
Positive (Negative)

$

(3)

(3)

EXPENDITURES:

Improvement of Instructional Services

19

19

16

3

Total Expenditures

19

19

16

3

Net Change in Fund Balance

-

-

-

-

Fund Balance, Beginning of Year

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

78

COBB COUNTY SCHOOL DISTRICT HOMELESS GRANT-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

52 $

66 $

57

52

66

57

Variance With Final Budget -
Positive (Negative)

$

(9)

(9)

EXPENDITURES: Instruction General Administration Student Transportation
Total Expenditures

2

1

1

-

33

38

38

-

17

27

18

9

52

66

57

9

Net Change in Fund Balance

-

-

-

-

Fund Balance, Beginning of Year

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

79

COBB COUNTY SCHOOL DISTRICT USDA-FRESH FRUITS & VEGETABLES-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

195 $

195 $

195

195

195

195

Variance With Final Budget -
Positive (Negative)

$

-

-

EXPENDITURES: School Nutrition
Total Expenditures

195

195

195

-

195

195

195

-

Net Change in Fund Balance

-

-

-

-

Fund Balance, Beginning of Year

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

80

COBB COUNTY SCHOOL DISTRICT TITLE III-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

Actual Amounts

$

1,388 $

1,737 $

1,059

1,388

1,737

1,059

Variance With Final Budget -
Positive (Negative)

$

(678)

(678)

EXPENDITURES:

Instruction

111

97

21

76

Pupil Services

283

320

166

154

Improvement of Instructional Services

944

985

625

360

General Administration

50

29

29

-

Student Transportation

-

50

10

40

Other Support Services

-

256

208

48

Total Expenditures

1,388

1,737

1,059

678

Net Change in Fund Balance

-

-

-

-

Fund Balance, Beginning of Year

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

81

COBB COUNTY SCHOOL DISTRICT TITLE IV-SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES BUDGET AND ACTUAL (NON-GAAP BUDGETARY BASIS) FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands)
REVENUES: Federal
Total Revenues

Budgeted Amounts

Original

Final

$

1,846 $

2,217

1,846

2,217

Actual Amounts

$

1,685

1,685

Variance With Final Budget -
Positive (Negative)

$

(532)

(532)

EXPENDITURES:

Instruction

1,045

1,215

902

313

Pupil Services

251

322

276

46

Improvement of Instructional Services

35

52

10

42

Federal Grant Administration

169

238

209

29

Business Support Services

49

68

48

20

Maintenance & Operations

19

19

9

10

Student Transportation
Other Support Service Total Expenditures

223

254

179

75

55

49

52

(3)

1,846

2,217

1,685

532

Net Change in Fund Balance Fund Balance, Beginning of Year

-

-

-

-

-

-

-

-

Fund Balance, End of Year

$

-$

-$

-$

-

82

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Internal Service Funds These funds are established to account for the financing of goods or services provided by one department to other departments on a cost-reimbursement basis. The District has two individual funds in the Internal Service Funds category. The Unemployment Compensation and SelfInsurance are used to account for the District's self-insurance programs.
83

COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF FUND NET POSITION INTERNAL SERVICE FUNDS JUNE 30, 2014

(amounts expressed in thousands)

Assets:

Unemployment Compensation
Fund

SelfInsurance
Fund

Total

Current Assets: Accounts Receivable Due from Other Funds Prepaids
Total Current Assets

$

-$

104 $

104

464

7,200

7,664

-

57

57

464

7,361

7,825

Liabilities:
Current Liabilities: Accounts Payable Claims Payable Accrued Payroll and Payroll Withholdings Accrued Employee Benefits Total Current Liabilities
Noncurrent liabilities: Claims payable, due in more than one year

Net Position:

Unrestricted

$

10

429

439

-

1,815

1,815

-

8

8

-

1

1

10

2,253

2,263

-

4,541

4,541

454 $

567 $

1,021

84

COBB COUNTY SCHOOL DISTRICT
COMBINING STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION
INTERNAL SERVICE FUNDS FOR THE YEAR ENDED JUNE 30, 2014

(amounts expressed in thousands)

OPERATING REVENUES: Charges for Services
Total Revenues

Unemployment Compensation
Fund

SelfInsurance
Fund

Total

$

265 $

5,152 $

5,417

265

5,152

5,417

OPERATING EXPENSES: School and Administrative Services

231

5,537

5,768

Operating Income (Loss) Transfers-In

34

(385)

(351)

-

795

795

Change in Net Position Total Net Position, Beginning of Year

34

410

444

420

157

577

Total Net Position, End of Year

$

454 $

567 $

1,021

85

COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF CASH FLOWS INTERNAL SERVICE FUNDS FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)
Cash Flows from Operating Activities: Receipts from Interfund Services Provided Payments to Suppliers Payments for Medical Fees and Insurance Claims Payments to Employees
Net Cash Used in Operating Activities
Cash Flows from Noncapital Financing Activities: Transfers-In
Net Cash Provided by Noncapital Financing Activities
Net Change in Cash and Cash Equivalents
Cash and Cash Equivalents at Beginning of Year
Cash and Cash Equivalents at End of Year
Reconciliation of Operating Income (Loss) to Net Cash Used in Operating Activities:
Operating Income (Loss) Adjustments to Reconcile Operating Income
(Loss) to Net Cash Used in Operating Activities:
Increase in Accounts Receivable Increase in Due From Other Funds Increase in Prepaid Items Decrease in Claims Payables Increase (Decrease) in Accounts Payable
Total Adjustments Net Cash Used in Operating Activities

Unemployment Compensation
Fund

SelfInsurance
Fund

Total

$

257 $

4,707 $

4,964

-

(243)

(243)

(257)

(4,622)

(4,879)

-

(637)

(637)

-

(795)

(795)

-

795

795

-

795

795

-

-

-

-

-

-

$

-$

-$

-

$

34 $

(385) $

(351)

-

(104)

(104)

(8)

(341)

(349)

-

(57)

(57)

-

(53)

(53)

(26)

145

119

(34)

(410)

(444)

$

-$

(795) $

(795)

86

Fiduciary Funds These funds are established to account for assets held by the District as a trustee or agent. The District has two individual Agency Funds, the Student Activity Fund and the Payroll Withholding Fund. The funds are used to account for assets held by the District as an agent for special school groups and clubs and for salary withholdings collection agencies.
87

COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF FIDUCIARY ASSETS AND LIABILITIES FIDUCIARY FUNDS JUNE 30, 2014
(amounts expressed in thousands)
Agency Funds

ASSETS: Cash and Cash Equivalents
Total Assets

Student Activity

Payroll Withholding

Total

$ 1,201 $

19,819 $ 21,020

1,201

19,819

21,020

LIABILITIES: Due to Student Groups Payroll Withholdings Payable
Total Liabilities

1,201 -
$ 1,201 $

19,819

1,201 19,819

19,819 $ 21,020

88

COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF CHANGES IN FIDUCIARY ASSETS AND LIABILITIES FIDUCIARY FUNDS FOR THE YEAR ENDED JUNE 30, 2014
(amounts expressed in thousands)

ASSETS: Cash and Cash Equivalents
Balance, Beginning of Year Additions Deductions
Balance, End of Year

Student Activity

Payroll Withholding

Total

$

1,086 $

27,882 $

28,968

1,220

437,248

438,468

(1,105)

(445,311)

(446,416)

$

1,201 $

19,819 $

21,020

LIABILITIES: Due to Student Groups:
Balance, Beginning of Year Additions Deductions
Balance, End of Year
Payroll Withholdings Payable: Balance, Beginning of Year Additions Deductions
Balance, End of Year
Total Liabilities: Balance, Beginning of Year Additions Deductions
Balance, End of Year

$

1,086 $

1,220 (1,105)

1,201

-$ -
-

1,086 1,220 (1,105)
1,201

-

27,882

27,882

-

437,248

437,248

-

(445,311)

(445,311)

-

19,819

19,819

1,086 1,220 (1,105)

27,882 437,248 (445,311)

28,968 438,468 (446,416)

$

1,201 $

19,819 $

21,020

89

COBB COUNTY SCHOOL DISTRICT SPLOST II - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2014
LOCATION/DESCRIPTION
ACWORTH INTERMEDIATE ADDISON ELEMENTARY ADULT EDUCATION CENTER ALLATOONA HIGH ARGYLE ELEMENTARY AUSTELL ES AWTREY MIDDLE BAKER ELEMENTARY BAKER ROAD BUS SHOP BARBER MIDDLE BARNES ED CENTER BELLS FERRY ELEMENTARY BELMONT HILLS ELEMENTARY BIG SHANTY ELEMENTARY BIRNEY ELEMENTARY BLACKWELL ELEMENTARY BROWN ELEMENTARY BRUMBY ELEMENTARY BRUMBY REPLACEMENT ES BRYANT ELEMENTARY BULLARD ELEMENTARY CAMPBELL HIGH CAMPBELL MIDDLE CHALKER ELEMENTARY CHEATHAM HILL ELEMENTARY CLARKDALE ELEMENTARY CLARKDALE REPLACEMENT ELEMENTARY CLAY ELEMENTARY COMPTON ELEMENTARY COOPER MIDDLE DANIELL MIDDLE DAVIS ELEMENTARY DICKERSON MIDDLE DODGEN MIDDLE DOWELL ELEMENTARY DUE WEST ELEMENTARY DURHAM MIDDLE EAST COBB MIDDLE EAST SIDE ELEMENTARY EAST SIDE REPLACEMENT ELEMENTARY EASTVALLEY ELEMENTARY FAIR OAKS ELEMENTARY FLOYD MIDDLE FORD ELEMENTARY FREY ELEMENTARY GARRETT MIDDLE GARRISON MILL ELEMENTARY GREEN ACRES ELEMENTARY GRIFFIN MIDDLE HARMONY LELAND ELEMENTARY HARRISON HIGH HAVEN @ FITZHUGH LEE HAVEN @ HAWTHORNE SCHOOL HAYES ELEMENTARY HENDRICKS ES HIGHTOWER TRAIL MIDDLE HILLGROVE HIGH HOLLYDALE ELEMENTARY KEHELEY ELEMENTARY KELL HIGH KEMP ELEMENTARY KENNESAW ELEMENTARY KENNESAW MOUNTAIN HIGH KENNESAW WAREHOUSE KINCAID ELEMENTARY KING SPRINGS ELEMENTARY

Approved Budget

$

553,333 $

2,295,182

220,500

48,799,343

762,599

9,226,393

1,606,397

422,625

-

19,815,465

1,639,228

928,229

1,840,351

1,512,196

974,782

183,750

684,592

2,335,453

-

689,685

98,000

10,326,795

7,615,640

176,278

120,050

1,800,206

-

1,473,100

2,782,990

192,938

3,902,614

291,415

3,878,680

13,694,820

387,719

5,287,518

137,750

4,562,219

967,129

-

1,381,680

3,196,172

11,924,814

347,831

195,021

920,589

463,177

327,076

16,788,670

4,958,225

932,114

641,097

909,439

559,807

158,638

2,070,517

45,739,657

1,865,302

452,025

49,613

169,663

374,593

512,663

-

610,875

1,372,207

Revised Budget

Expended Inception through 06/30/14

Expended FY14

Encumbered as of 6/30/14

Uncommitted

823,770 $

823,770 $

-$

-$

-

1,080,973

1,080,973

-

-

-

401,502

401,502

-

-

-

62,116,820

62,116,820

-

-

-

1,016,811

1,016,811

-

-

-

9,833,156

9,833,156

-

-

-

2,846,000

2,846,000

-

-

-

1,076,773

1,076,773

-

-

-

5,054

5,054

-

-

-

16,817,268

16,817,268

-

-

-

923,413

923,413

-

-

-

1,003,258

1,003,258

-

-

-

1,421,081

1,421,081

-

-

-

1,615,824

1,615,824

-

-

-

1,361,455

1,361,455

-

-

-

728,684

728,684

-

-

-

738,952

738,952

-

-

-

2,689,856

2,689,856

-

-

-

841,995

841,995

841,995

-

-

1,356,903

1,356,903

-

-

-

709,802

709,802

-

-

-

10,756,715

10,756,715

-

-

-

8,594,251

8,594,251

-

-

-

921,583

921,583

-

-

-

892,994

892,994

-

-

-

2,168,430

2,168,430

-

-

-

3,721,275

3,721,275

-

-

-

1,571,725

1,571,725

-

-

-

2,836,814

2,836,814

-

-

-

1,049,921

1,049,921

-

-

-

6,051,974

6,051,974

-

-

-

832,253

832,253

-

-

-

3,312,921

3,312,921

-

-

-

13,211,859

13,211,859

-

-

-

1,129,993

1,129,993

-

-

-

5,915,255

5,915,255

-

-

-

1,291,821

1,291,821

-

-

-

5,743,046

5,743,046

-

-

-

1,334,018

1,334,018

-

-

-

343,028

343,028

-

-

-

2,154,968

2,154,968

-

-

-

4,953,068

4,953,068

-

-

-

8,077,787

8,077,787

-

-

-

1,002,063

1,002,063

-

-

-

957,286

957,286

-

-

-

1,729,766

1,729,766

-

-

-

977,364

977,364

-

-

-

859,512

859,512

-

-

-

12,725,500

12,725,500

-

-

-

4,173,373

4,173,373

-

-

-

3,486,282

3,486,282

-

-

-

585,285

585,285

-

-

-

468,819

468,819

-

-

-

1,372,303

1,372,303

-

-

-

799,639

799,639

-

-

-

3,276,768

3,276,768

-

-

-

40,115,926

40,115,926

-

-

-

2,664,727

2,664,727

-

-

-

1,008,828

1,008,828

-

-

-

1,503,009

1,503,009

-

-

-

814,807

814,807

-

-

-

1,140,833

1,140,833

-

-

-

2,126,656

2,126,656

-

-

-

16,835,317

16,835,317

337,154

-

-

1,485,700

1,485,700

-

-

-

1,774,528

1,774,528

-

-

-

90

COBB COUNTY SCHOOL DISTRICT SPLOST II - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2014
LOCATION/DESCRIPTION LABELLE ELEMENTARY LASSITER HIGH LEWIS ELEMENTARY LINDLEY 6TH GRADE ACADEMY LINDLEY MIDDLE LOST MOUNTAIN MIDDLE LOVINGGOOD MIDDLE MABLETON ELEMENTARY MABRY MIDDLE MAINTENANCE FACILITY ARGO ROAD MARS HILL ROAD BUS SHOP MARTHA MOORE EDUCATION CENTER MCCALL PRIMARY MCCLESKEY MIDDLE MCCLURE MIDDLE MCEACHERN HIGH MILFORD ELEMENTARY MOUNTAIN VIEW ELEMENTARY MT BETHEL ELEMENTARY MURDOCK ELEMENTARY NICHOLSON ELEMENTARY NICKAJACK ELEMENTARY NORTH COBB HIGH NORTON PARK ELEMENTARY OAKWOOD HIGH OSBORNE HIGH PALMER MIDDLE PEBBLEBROOK HIGH PICKETT'S MILL ELEMENTARY PINE MOUNTAIN MIDDLE PITNER ELEMENTARY PITTS TRANSPORTATION CENTER POPE HIGH POWDER SPRINGS ELEMENTARY POWERS FERRY ELEMENTARY RECORDS CENTER RIVERSIDE INTERMEDIATE RIVERSIDE PRIMARY ROCKY MOUNT ELEMENTARY ROSE GARDEN RUSSELL ELEMENTARY SANDERS ELEMENTARY SANDERS ROAD BUS SHOP SEDALIA PARK ELEMENTARY SHALLOWFORD FALLS ELEMENTARY SIMPSON MIDDLE SKY VIEW ELEMENTARY SMITHA MIDDLE SOPE CREEK ELEMENTARY SOUTH COBB HIGH SPRAYBERRY HIGH STILL ELEMENTARY SYSTEMWIDE TAPP MIDDLE TEASLEY ELEMENTARY TIMBER RIDGE ELEMENTARY TRITT ELEMENTARY VARNER ELEMENTARY VAUGHAN ELEMENTARY WALTON HIGH WHEELER HIGH 440 GLOVER STREET 514 GLOVER STREET 538 GLOVER STREET 590 COMMERCE PARK DRIVE TOTAL PROJECT EXPENDITURES TRANSFER/PROPERTY TAX ROLLBACK
*** FUND TOTAL ***

Approved

Budget

4,507,698

2,677,406

2,633,796

-

229,988

4,316,636

21,370,265

550,858

10,762,779

-

-

-

9,887,493

715,169

25,171,440

2,224,600

1,967,841

429,522

570,851

5,620,305

232,481

120,050

12,848,547

4,372,185

801,885

12,062,824

273,788

8,888,290

15,218,083

2,523,317

98,000

664,573

954,888

326,250

1,412,708

-

128,000

9,537,353

880,341

-

7,854,321

131,076

-

3,979,977

6,884,096

330,750

1,651,275

5,957,701

699,614

2,855,808

2,111,288

7,020,632

138,791,133

1,257,349

437,327

189,264

1,902,180

652,313

716,503

21,196,265

8,541,169

-

-

-

-

627,247,680

69,000,000

$

696,247,680 $

Revised Budget
5,668,221 3,630,267 1,694,292 2,478,778 1,324,032 5,489,758 18,867,746 1,648,166 6,756,949
24,008 5,054
486,469 10,621,636
1,051,615 22,997,902
7,862,198 2,922,172 1,284,850 1,441,750 7,444,205
714,661 848,969 11,666,370 4,948,946 1,334,539 7,937,894 1,031,233 6,184,043 23,205,024 3,177,003 777,488 7,368,798 2,717,331 1,145,446 1,991,959
7,758 867,986 9,017,998 1,315,854
15,054 8,179,546
899,170 6,229
4,047,087 8,381,456
852,536 2,038,452 5,613,762 1,381,340 5,355,275 3,622,138 8,939,900 17,377,044 1,755,069
909,017 734,534 2,920,278 1,011,213 1,167,537 12,226,685 10,509,682 250,581 1,347,300 109,207 88,230 587,857,030 135,137,762
722,994,792 $

Expended Inception through 06/30/14
5,668,221 3,630,267 1,694,292 2,478,778 1,324,032 5,489,758 18,867,746 1,648,166 6,756,949
24,008 5,054
486,469 10,621,636
1,051,615 22,997,902
7,862,198 2,922,172 1,284,850 1,441,750 7,444,205
714,661 848,969 11,666,370 4,948,946 1,334,539 7,937,894 1,031,233 6,184,043 23,205,024 3,177,003 777,488 7,368,798 2,717,331 1,145,446 1,991,959
7,758 867,986 9,017,998 1,315,854
15,054 8,179,546
899,170 6,229
4,047,087 8,381,456
852,536 2,038,452 5,613,762 1,381,340 5,355,275 3,622,138 8,939,900 17,377,044 1,755,069
909,017 734,534 2,920,278 1,011,213 1,167,537 12,226,685 10,509,682 250,581 1,347,300 109,207 88,230 587,857,030 135,137,762
722,994,792 $

Expended

Encumbered

FY14

as of 6/30/14

Uncommitted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,179,149

-

-

-

-

-

1,179,149 $

-$

-

91

COBB COUNTY SCHOOL DISTRICT SPLOST III - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2014

LOCATION/DESCRIPTION

ACWORTH INTERMEDIATE

$

ADDISON ELEMENTARY

ADULT EDUCATION CENTER

ALLATOONA HIGH

ARGYLE ELEMENTARY

AUSTELL ES

AWTREY MIDDLE

BAKER ELEMENTARY

BAKER ROAD BUS SHOP

BARBER MIDDLE

BELLS FERRY ELEMENTARY

BELMONT HILLS ELEMENTARY

BIG SHANTY ELEMENTARY

BIRNEY ELEMENTARY

BLACKWELL ELEMENTARY

BROWN ES (NOW TEASLEY PRIMARY)

BRUMBY ELEMENTARY

BRUMBY REPLACEMENT ELEMENTARY

BRYANT ELEMENTARY

BULLARD ELEMENTARY

CAMPBELL HIGH

CAMPBELL MIDDLE

CHALKER ELEMENTARY

CHEATHAM HILL ELEMENTARY

CLARKDALE ELEMENTARY

CLARKDALE REPLACEMENT ELEMENTARY

CLAY ELEMENTARY

COMPTON ELEMENTARY

COOPER MIDDLE

DANIELL MIDDLE

DAVIS ELEMENTARY

DICKERSON MIDDLE

DODGEN MIDDLE

DOWELL ELEMENTARY

DUE WEST ELEMENTARY

DURHAM MIDDLE

EAST COBB MIDDLE

EAST SIDE ELEMENTARY

EAST SIDE REPLACEMENT ELEMENTARY

EASTVALLEY ELEMENTARY

FAIR OAKS ELEMENTARY

FLOYD MIDDLE

FORD ELEMENTARY

FREY ELEMENTARY

GARRETT MIDDLE

GARRISON MILL ELEMENTARY

GREEN ACRES ELEMENTARY

GRIFFIN MIDDLE

HARMONY LELAND ELEMENTARY

HARRISON HIGH

HAVEN @ FITZHUGH LEE

HAVEN @ HAWTHORNE

HAYES ELEMENTARY

HENDRICKS ELEMENTARY

HIGHTOWER TRAIL MIDDLE

HILLGROVE HIGH

HOLLYDALE ELEMENTARY

KEHELEY ELEMENTARY

KELL HIGH

KEMP ELEMENTARY

KENNESAW ELEMENTARY

KENNESAW MOUNTAIN HIGH

KENNESAW WAREHOUSE

KINCAID ELEMENTARY

KING SPRINGS ELEMENTARY

Approved Budget
496,193 $ 1,043,331
397,104 -
1,318,244 113,337
4,154,806 3,436,575
721,525 651,496 7,076,214 1,327,563 2,013,432 3,942,821 377,384 1,077,413 1,080,925
1,040,025
106,366 4,883,357 5,799,494 1,449,276 3,113,452
946,788 -
514,377 1,427,439 1,101,700 6,180,190 3,827,240 1,885,533 1,662,303 2,198,797 1,210,036 1,460,314 3,613,109
27,030,976
991,794 1,455,706 2,259,564 3,535,560 1,335,206 14,734,437 3,796,410 1,237,190 2,064,731
591,860 4,240,110 1,711,339 1,100,656 1,016,015
282,202 5,280,637
176,890 1,061,830 3,508,784
446,849 882,673 2,260,679 3,347,006 21,244,784 3,458,008 2,570,192

Revised Budget

Expended Inception through 06/30/14

Expended FY14

Encumbered as of 6/30/14

Uncommitted

1,115,872 $ 1,436,778 1,332,568 2,480,521 2,330,517
694,428 4,690,352 4,529,731
600,564 1,578,810 6,183,466 1,479,896 2,358,355 4,065,759 1,213,377
759,642 1,436,514 3,306,941 2,273,427 1,138,244 5,737,446 6,610,960 2,067,779 3,606,634
184,107 6,049,319
991,925 2,068,424 1,914,937 6,451,590 3,263,216 2,445,083 2,586,627 2,521,373 1,608,508 2,430,103 2,267,774
541,642 20,236,387
1,512,377 1,649,939 3,163,879 4,143,737 1,569,342 10,977,268 4,198,504 1,755,387 2,390,719 1,325,409 21,886,234
316,788 1,576,547 1,622,731 1,014,287 3,942,523 3,047,583 1,393,922 3,576,834 3,395,141 1,661,750 2,431,709 5,864,110 23,048,401 3,463,904 3,169,936

1,046,813 $ 1,386,057 1,181,285 2,309,925 2,079,392
619,747 4,459,015 4,458,563
69,912 1,520,456 6,132,517 1,399,073 2,169,396 3,674,807 1,146,622
696,210 1,282,035 3,306,941 2,095,382 1,062,078 5,625,958 6,509,228 1,699,506 3,495,223
184,107 5,988,711
893,022 1,928,515 1,848,390 6,351,146 3,062,060 2,355,403 2,482,311 2,432,087 1,548,200 2,355,515 2,075,432
541,640 20,119,471 1,441,208 1,455,099
2,543,585 3,901,476 1,459,654 10,914,016 3,921,248 1,679,368 2,184,295 1,245,957 21,274,911
312,659 864,966 1,538,316 941,419 3,796,661 2,812,246 1,320,791 3,488,602 2,867,821 1,347,005 2,358,267 5,760,740 12,753,771 3,390,661 3,085,419

48,978 $ 144,160 1,023,710 267,138 1,110,553
41,386 402,895 1,097,795
31,881 110,209
61,473 56,116 53,658 909,055 164,435 227,735 78,058 3,306,941 677,264 67,643 361,147 1,371,722 253,438 39,870
50,773 44,383 655,361 101,348 224,148 127,235 116,742 147,993 277,096 49,313 123,163 146,911
53,253 116,245 75,325 911,774 782,370 66,407 580,092 920,682 41,932 157,917 273,348 7,026,989 28,893 666,108 72,978 44,120 113,741 313,785 33,006 38,939 376,704 243,003 433,570 378,678 2,303,511 84,467 241,222

61,691 $ 45,735 151,666 63,298 181,020 39,574 60,351 64,521 28,704 53,644 46,288 31,991 65,167 230,346 57,979 24,487 81,834
89,470 68,563 85,854 75,978 319,451 96,254
57,707 36,853 52,945 58,987 66,869 115,968 82,297 75,358 80,456 49,633 66,649 162,624
101,028 56,032 69,748 576,491 31,967 102,551 46,497 143,214 61,217 190,000 53,792 119,900
704,552 67,852 44,629 88,198 240,798 53,476 42,651 389,592
76,541 51,028 70,552 2,185,982 57,663 68,721

7,368 4,986
(383) 107,298
70,105 35,107 170,986
6,647 501,948
4,710 4,661 48,832 123,792 160,606 8,776 38,945 72,645
88,575
7,603 25,634 25,754 48,822 15,157
2,901 62,050 86,964 7,560 33,575 85,188 7,383 28,958 8,830 10,675 7,939 29,718
2 15,888 15,137 125,092 43,803 210,294 7,137 16,755 134,042 14,802 16,424 25,660 491,423 4,129 7,029 16,563 28,239 57,664 (5,461) 19,655 45,581 137,728 238,204 22,414 32,818 8,108,648 15,580 15,796

92

COBB COUNTY SCHOOL DISTRICT SPLOST III - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2014

LOCATION/DESCRIPTION

LABELLE ELEMENTARY

LASSITER HIGH

LEWIS ELEMENTARY

LINDLEY 6TH GRADE ACADEMY

LINDLEY MIDDLE

LOST MOUNTAIN MIDDLE

LOVINGGOOD MIDDLE

MABLETON ELEMENTARY

MABLETON REPLACEMENT ES

MABRY MIDDLE

MAINTENANCE FACILITY ARGO ROAD

MARS HILL ROAD BUS SHOP

MARTHA MOORE EDUCATION CENTER

MCCALL PRIMARY

MCCLESKEY MIDDLE

MCCLURE MIDDLE

MCEACHERN HIGH

MILFORD ELEMENTARY

MOUNTAIN VIEW ELEMENTARY

MT BETHEL ELEMENTARY

MURDOCK ELEMENTARY

NICHOLSON ELEMENTARY

NICKAJACK ELEMENTARY

NORTH COBB HIGH

NORTON PARK ELEMENTARY

OAKWOOD HIGH

OSBORNE HIGH

PALMER MIDDLE

PEBBLEBROOK HIGH

PICKETT'S MILL ELEMENTARY

PINE MOUNTAIN MIDDLE

PITNER ELEMENTARY

PITTS TRANSPORTATION CENTER

POPE HIGH

POWDER SPRINGS ELEMENTARY

POWERS FERRY ELEMENTARY

RIVERSIDE INTERMEDIATE

RIVERSIDE PRIMARY

ROCKY MOUNT ELEMENTARY

ROSE GARDEN SCHOOL

RUSSELL ELEMENTARY

SANDERS ELEMENTARY

SANDERS ROAD BUS SHOP

SEDALIA PARK ELEMENTARY

SHALLOWFORD FALLS ELEMENTARY

SIMPSON MIDDLE

SKY VIEW ADMINISTRATION

SKY VIEW ELEMENTARY

SMITHA MIDDLE

SMYRNA ELEMENTARY

SOPE CREEK ELEMENTARY

SOUTH COBB HIGH

SPRAYBERRY HIGH

STILL ELEMENTARY

SYSTEMWIDE

TAPP MIDDLE

TEASLEY ELEMENTARY

TIMBER RIDGE ELEMENTARY

TRITT ELEMENTARY

VARNER ELEMENTARY

VAUGHAN ELEMENTARY

WALTON HIGH

WEST COBB 9TH GRADE CENTER

WHEELER HIGH

440 GLOVER STREET

514 GLOVER STREET

538 GLOVER STREET

590 COMMERCE PARK DRIVE

TOTAL PROJECT EXPENDITURES

$

Approved Budget
537,008 19,710,822
1,078,833 2,194,040
747,495 2,541,438
78,500 -
28,150,542 4,925,337 1,327,752 820,382 518,652 110,691
18,904,274 690,684
4,945,324 914,540
2,083,632 2,433,140 3,828,525
937,614 3,006,933 29,811,178 1,924,009
772,510 7,299,608
63,477 3,300,243
17,072,723
926,767 26,949,449 17,804,561
3,742,333 657,886 896,148 323,888
1,611,065 372,663 786,539
1,446,584 1,415,981 1,057,753
899,547 19,920,740
1,262,673 5,472,621 28,170,146 6,227,104 28,519,045 25,333,056
970,841 231,269,444
6,640,133 1,782,903
769,896 1,473,177 4,070,429
613,490 3,456,045 18,303,208 9,409,088
379,955 491,861 229,503
797,656,675 $

Revised Budget

Expended Inception through 06/30/14

1,341,490

1,204,717

20,935,401

20,772,271

2,236,514

2,163,180

2,198,044

2,146,280

1,692,834

1,625,124

2,662,672

2,605,441

1,532,471

1,243,582

370,770

370,767

22,153,508

22,025,601

4,768,035

3,980,671

1,053,981

1,052,436

701,581

698,472

516,902

516,899

761,491

718,297

11,816,689

11,768,977

1,581,465

1,510,903

7,315,593

4,330,632

1,479,481

1,049,100

2,031,691

1,932,130

2,814,815

2,374,684

3,902,332

3,499,133

1,309,160

1,253,027

2,553,877

2,448,696

21,731,388

21,566,805

2,959,960

1,904,031

1,015,140

508,982

3,561,385

3,460,079

1,113,334

988,785

6,818,681

6,687,028

698,917

633,109

9,075,924

9,024,191

1,715,923

1,199,076

22,172,429

22,161,223

14,104,320

13,983,734

3,857,935

1,465,209

1,156,777

1,098,960

1,401,817

1,295,653

734,609

660,391

2,744,700

2,169,663

422,419

292,962

1,878,100

1,785,281

1,754,620

1,666,740

1,012,681

1,011,041

1,455,662

1,367,519

1,525,018

1,305,492

11,286,918

11,215,336

246,145

242,193

383,049

383,046

6,026,210

2,098,488

31,881,192

31,664,865

5,379,517

5,262,936

25,919,085

25,804,210

15,874,885

15,786,513

2,432,148

1,119,033

15,873,985

8,993,950

5,943,369

5,338,312

12,611,892

2,102,918

1,220,765

1,074,497

1,985,375

1,898,898

3,350,701

3,204,571

1,398,058

1,320,034

7,443,164

7,128,726

-

-

29,546,134

28,068,295

10,581,785

7,914,154

4,697,221

4,301,331

441,915

388,956

61,716 627,916,322 $

60,211 565,150,759 $

Expended FY14
48,691 594,956 701,031 110,215 105,710 118,669 159,304
61,306 155,036
22,756
29,215 197,687 109,251 300,981 350,919 165,484 731,728 464,363 310,172 69,397 327,489 272,210 155,501 308,680 96,772 312,113 44,823 90,975 327,466 1,250,457 264,557 303,548 65,368 45,450 37,210 1,272,136 243,994 108,996 39,366 3,436 84,027 441,427 182,585 59,824
1,192,847
906,050 63,039 390,595 164,756 324,551
1,436,450 1,104,911
627,829 296,029
84,774 154,624
82,732 247,394
2,560,754 2,154,408
751,268 6,749 11,160
54,056,986 $

Encumbered as of 6/30/14
46,920 124,789
55,846 27,167 51,831 49,715 245,303
78,595 83,187
28,594 34,715 62,949 308,573 297,327 81,192 270,507 196,953 40,163 87,995 109,569 994,540 273,213 68,052 49,309 95,717 51,423 38,177 218,357 89,572 312,993 36,177 88,074 53,318 539,449 88,855 57,196 66,826 66,194 194,615 52,851 589,548 44,479 91,154 82,341 69,624 1,242,595 536,365 4,336,844 51,032 67,852 50,751 44,629 143,257 910,388 223,628 1,564 22,827,733 $

Uncommitted
89,853 38,341 17,488 24,597 15,879
7,516 43,586
3 49,312 704,177
1,545 3,109
3 14,600 12,997 7,613 2,676,388 133,054 18,369 169,624 206,246 15,970 17,186 55,014 61,389 232,945 33,254 75,240 35,936 14,385 13,556 298,490 11,206 31,014 2,079,733 21,640 18,090 20,900 35,588 40,602 35,623 21,054 1,640 21,949 24,911 18,731 3,952
3 3,338,174
171,848 25,427 32,534 18,748 70,520 6,880,035 68,692 6,172,130 95,236 18,625 95,379 33,395 171,181
567,451 2,444,003 394,326
52,959 1,505
39,937,830

93

COBB COUNTY SCHOOL DISTRICT SPLOST IV - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2014

LOCATION/DESCRIPTION

Approved Budget

ACWORTH INTERMEDIATE ADDISON ELEMENTARY ADULT EDUCATION CENTER ALLATOONA HIGH ARGYLE ELEMENTARY AUSTELL ES AWTREY MIDDLE BAKER ELEMENTARY BARBER MIDDLE BELLS FERRY ELEMENTARY BELMONT HILLS ELEMENTARY BIG SHANTY ELEMENTARY BIRNEY ELEMENTARY BLACKWELL ELEMENTARY BRUMBY ELEMENTARY BRUMBY REPLACEMENT ES BRYANT ELEMENTARY BULLARD ELEMENTARY CAMPBELL HIGH CAMPBELL MIDDLE CHALKER ELEMENTARY CHEATHAM HILL ELEMENTARY CLARKDALE REPLACEMENT ELEMENTARY CLAY ELEMENTARY COMPTON ELEMENTARY COOPER MIDDLE DANIELL MIDDLE DAVIS ELEMENTARY DICKERSON MIDDLE DODGEN MIDDLE DOWELL ELEMENTARY DUE WEST ELEMENTARY DURHAM MIDDLE EAST COBB MIDDLE EAST COBB REPLACEMENT MIDDLE EAST SIDE ELEMENTARY EASTVALLEY ELEMENTARY FAIR OAKS ELEMENTARY FLOYD MIDDLE FORD ELEMENTARY FREY ELEMENTARY GARRETT MIDDLE GARRISON MILL ELEMENTARY GREEN ACRES ELEMENTARY GRIFFIN MIDDLE HARMONY LELAND ELEMENTARY HARRISON HIGH HAVEN @ HAWTHORNE SCHOOL HAYES ELEMENTARY HENDRICKS ES HIGHTOWER TRAIL MIDDLE HILLGROVE HIGH HOLLYDALE ELEMENTARY KEHELEY ELEMENTARY KELL HIGH KEMP ELEMENTARY KENNESAW ELEMENTARY KENNESAW MOUNTAIN HIGH KENNESAW WAREHOUSE KINCAID ELEMENTARY KING SPRINGS ELEMENTARY

$

508,194 $

2,332,467

143,982

285,769

247,408

212,135

3,733,047

761,365

162,172

292,368

25,663

559,312

461,049

149,157

403,159

23,330,216

3,311,777

487,680

26,034,595

6,032,596

372,035

1,004,221

-

1,402,438

713,483

972,053

5,304,276

575,203

1,391,811

3,105,288

3,455,215

57,742

459,338

3,661,474

29,125,616

54,534

117,079

277,470

1,412,827

984,706

725,907

3,743,963

320,873

534,205

1,500,906

86,000

27,497,531

25,663

4,742,176

383,330

2,519,268

580,902

788,445

1,418,099

613,703

327,289

2,908,159

1,479,566

6,500,000

3,816,562

361,762

Revised Budget

Expended Inception through 06/30/14

Expended FY14

Encumbered as of 6/30/14

Uncommitted

726,612 $ 2,459,591
213,478 607,690 381,753 341,094 3,886,274 1,005,584 387,091 451,467 43,361 766,693 659,767 373,339 425,884 28,207,442 3,481,437 734,016 25,976,491 6,188,681 607,837 1,268,556 26,712 1,479,160 922,811 1,203,098 5,457,178 736,392 1,613,256 3,318,683 3,629,891 221,082 472,000 3,883,846 28,657,699 88,362 255,179 503,381 1,616,256 1,166,770 969,656 3,816,946 496,997 547,090 1,715,763 117,632 27,348,016 25,217 4,915,998 407,408 2,708,732 910,910 969,949 1,412,589 953,327 565,373 3,087,838 1,800,535 6,564,716 3,779,082 571,615

-$ -
192,823 528 954 -
172,637 -
5,260,902 -
220,041 454,521 226,142
206,212 221,679 141,664 250,535 6,561 276,780 174,637 138,096 32,831 293,552 199,645 325,247 300,426 62,884 20,136

-$ -
192,823 528 954 -
172,637 -
5,260,902 -
220,041 454,521 226,142
206,212 221,679 141,664 250,535 6,561 276,780 174,637 138,096 32,831 293,552 199,645 325,247 300,426 62,884 20,136

32,256 $ 23,688 63,446 29,890 121,631 18,648 25,239 246,995 20,740 23,184 18,144 195,875 206,474 34,776 29,736
32,256 34,776
17,881 34,272 50,716 26,712 14,112 206,154 33,556 23,249 24,192 20,435 24,400 33,768 22,680 20,435 35,293
34,776 17,136 29,736 193,723 14,504 79,382
25,704 22,176 21,960 16,632 28,060
222,481 30,744 33,463 31,110 27,216 19,152
34,776 55,745 46,182
24,192 120,683

694,356 2,435,903
150,032 577,800 260,122 322,446 3,668,212 758,061 366,351 428,283 25,217 569,864 453,293 165,926 396,148 22,946,540 3,449,181 479,199 25,521,970 5,944,658 573,565 1,217,840
1,465,048
716,657 963,330 5,212,250 712,200 1,592,821 3,294,283 3,596,123
56,738 451,565 3,598,018 28,657,699 53,586 238,043 467,084 1,422,533 875,486 715,637 3,678,850 471,293 524,914 1,693,803
68,169 27,026,404
25,217 4,693,517
376,664 2,475,624
879,800 942,733 1,393,437 628,080 530,597 3,032,093 1,453,927 6,501,832 3,754,890 430,796

94

COBB COUNTY SCHOOL DISTRICT SPLOST IV - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2014

LOCATION/DESCRIPTION
LABELLE ELEMENTARY LASSITER HIGH LEWIS ELEMENTARY LINDLEY 6TH GRADE ACADEMY LINDLEY MIDDLE LOST MOUNTAIN MIDDLE LOVINGGOOD MIDDLE MABLETON ELEMENTARY MABRY MIDDLE MCCALL PRIMARY MCCLESKEY MIDDLE MCCLURE MIDDLE MCEACHERN HIGH MILFORD ELEMENTARY MOUNTAIN VIEW ELEMENTARY MTN VIEW REPLACEMENT ELEMENTARY MT BETHEL ELEMENTARY MURDOCK ELEMENTARY NICHOLSON ELEMENTARY NICKAJACK ELEMENTARY NORTH COBB HIGH NORTON PARK ELEMENTARY OAKWOOD HIGH OSBORNE HIGH OSBORNE REPLACEMENT HIGH PALMER MIDDLE PEBBLEBROOK HIGH PICKETT'S MILL ELEMENTARY PINE MOUNTAIN MIDDLE PITNER ELEMENTARY PITTS TRANSPORTATION CENTER POPE HIGH POWDER SPRINGS ELEMENTARY POWERS FERRY ELEMENTARY RIVERSIDE INTERMEDIATE RIVERSIDE PRIMARY ROCKY MOUNT ELEMENTARY RUSSELL ELEMENTARY SANDERS ELEMENTARY SEDALIA PARK ELEMENTARY SHALLOWFORD FALLS ELEMENTARY SIMPSON MIDDLE SMITHA MIDDLE SOPE CREEK ELEMENTARY SOUTH COBB HIGH SPRAYBERRY HIGH STILL ELEMENTARY SYSTEMWIDE TAPP MIDDLE TEASLEY ELEMENTARY TEASLEY PRIMARY TIMBER RIDGE ELEMENTARY TRITT ELEMENTARY VARNER ELEMENTARY VAUGHAN ELEMENTARY WALTON HIGH WALTON REPLACEMENT HIGH WHEELER HIGH 440 GLOVER STREET 514 GLOVER STREET
TOTAL PROJECT EXPENDITURES

Approved

Budget

160,393

13,447,646

3,396,001

876,943

848,625

7,079,609

32,079

96,236

938,206

32,079

2,413,932

-

8,737,474

64,157

2,695,904

23,330,216

3,744,478

319,277

2,306,880

2,258,194

23,328,254

756,708

386,339

3,290,500

29,900,000

25,663

4,438,112

28,870

2,677,281

128,710

30,000,000

20,943,137

624,080

189,873

6,416

53,892

532,668

3,334,456

881,756

28,870

670,531

470,438

1,521,727

3,469,077

17,960,694

1,072,858

3,383,412

231,771,535

5,049,770

4,749,141

85,000

534,845

3,490,899

320,873

600,441

1,493,167

39,946,400

22,124,756

-

-

$

717,844,707 $

Revised

Expended Inception

Budget

through 06/30/14

320,780

-

13,594,276

328,046

3,567,700

-

876,942

-

1,061,866

207,863

7,196,068

232,275

53,176

-

125,306

-

959,339

16,600

49,665

-

2,555,000

127,034

337,813

324,982

9,008,253

-

82,697

-

2,676,235

-

22,946,539

-

3,714,804

-

344,468

-

2,286,921

-

2,411,136

-

23,414,248

421,180

935,763

-

379,620

-

3,265,604

-

29,380,000

-

267,367

215,328

4,691,455

393,901

59,112

-

2,831,419

164,019

355,216

-

29,982,609

-

20,902,354

287,243

825,435

-

307,795

-

237,064

-

189,107

-

676,092

-

3,307,209

-

1,071,165

-

226,289

19,553

689,613

78,754

649,506

148,189

1,516,612

-

3,450,241

-

18,067,738

414,197

1,390,950

-

3,586,876

-

205,831,378

255,358

5,196,549

194,297

4,688,754

28,336

83,522

-

674,199

-

3,658,642

-

554,061

-

812,836

190,582

70,810

-

40,718,878

319,635

21,778,840

385,990

8,826,154

255,107

4,776
717,856,125 $

4,776
14,192,678 $

Expended

Encumbered

FY14

as of 6/30/14

-

22,176

328,046

30,500

-

32,760

-

15,250

207,863

13,731

232,275

290,165

-

21,655

-

30,744

16,600

21,350

-

18,144

127,034

22,176

324,982

-

-

38,735

-

19,656

-

27,216

-

-

-

30,744

-

30,744

-

20,160

-

27,216

421,180

60,331

-

27,216

-

-

-

32,330

-

-

215,328

26,645

393,901

46,125

-

30,744

164,019

25,784

-

30,744

-

1,147,848

287,243

27,450

-

195,819

-

110,272

-

226,817

-

19,152

-

148,314

-

30,744

-

30,744

19,553

29,736

78,754

72,114

148,189

32,349

-

21,350

-

36,792

414,197

-

-

30,195

-

37,296

255,358

-

194,297

13,333

28,336

326,757

-

-

-

19,656

-

31,752

-

33,768

190,582

32,256

-

37,210

319,635

1,230,062

385,990

1,091,385

255,107

-

4,776
14,192,678 $

-
8,881,354 $

Uncommitted
298,604 13,235,730 3,534,940
861,692 840,272 6,673,628 31,521 94,562 921,389 31,521 2,405,790 12,831 8,969,518 63,041 2,649,019 22,946,539 3,684,060 313,724 2,266,761 2,383,920 22,932,737 908,547 379,620 3,233,274 29,380,000 25,394 4,251,429 28,368 2,641,616 324,472 28,834,761 20,587,661 629,616 197,523 10,247 169,955 527,778 3,276,465 1,040,421 177,000 538,745 468,968 1,495,262 3,413,449 17,653,541 1,360,755 3,549,580 205,576,020 4,988,919 4,333,661 83,522 654,543 3,626,890 520,293 589,998 33,600 39,169,181 20,301,465 8,571,047
-
694,782,093

95

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STATISTICAL SECTION (Unaudited) This part of the District's Comprehensive Annual Financial Report presents detailed information as a context for understanding what the information in the financial statements, note disclosures and required supplementary information says about the District's overall financial position.
Contents Financial Trends
These schedules contain trend information to help the reader understand how the District's financial performance has changed over time. Revenue Capacity These schedules contain information to help the reader understand and assess the District's most significant own-source revenue, the property tax. Debt Capacity These schedules present information to help the reader assess the affordability of the District's current level of outstanding debt and the District's ability to issue additional debt in the future. Demographic and Economic Information These schedules offer demographic and economic indicators to help the reader understand the environment within which the District's financial activities take place. Operating Information These schedules contain operating statistics, capital asset data, staffing information and key performance indicators to help the reader understand how the information in the District's financial report relates to the services the District provides and the activities it performs. Sources: Unless otherwise noted, the information contained here is derived from comprehensive annual financial reports for the indicated years. The District began implementation of GASB Statement No. 54 as of July 1, 2010, and implementation of GASB Statements No. 63 and 65 as of July 1, 2012.
96

COBB COUNTY SCHOOL DISTRICT NET POSITION BY COMPONENT LAST TEN FISCAL YEARS
(amounts expressed in thousands)

Net Position Components
Net Investment in Capital Assets
Restricted for: Debt Service Capital Projects School Nutrition Program Miscellaneous Grants
Unrestricted
Total Net Position

June 30, 2005

$

653,443

Fiscal Year

June 30, 2006

June 30, 2007

$

873,831 $

877,694

June 30, 2008 $ 1,054,860

11,361 -
238,391

6,777 -
170,994

11,785 -
319,370

1,826 -
227,758

$

903,195 $ 1,051,602 $ 1,208,849 $ 1,284,444

Source: District Records

97

June 30, 2009 $ 1,060,388

June 30, 2010 $ 1,054,911

Fiscal Year

June 30, 2011

June 30, 2012

$ 1,066,545 $ 1,230,853

June 30, 2013 $ 1,262,788

June 30, 2014 $ 1,256,656

1,523 -
244,178

1,356 -
285,849

163,602 21,676
171,646

56,155 20,200
147,483

49,860 20,924
20 149,881

110,228 19,213
3 157,363

$ 1,306,089 $ 1,342,116 $ 1,423,469 $ 1,454,691 $ 1,483,473 $ 1,543,463

98

COBB COUNTY SCHOOL DISTRICT CHANGES IN NET POSITION LAST TEN FISCAL YEARS
(amounts expressed in thousands)
Governmental Activities Expenses: Instruction Pupil Services Instructional Services School and Administrative Services Student Transportation Maintenance and Operations School Nutrition Program Student Activities Interest and Fiscal Charges
Total Governmental Expenses
Program Revenues Charges For Services:
Instruction Pupil Services School and Administrative Services Maintenance and Operations Student Activities Operating Grants and Contributions Capital Grants and Contributions Total Governmental Expenses
Governmental Net Expenses
General Revenues and Other Changes in Net Position General Revenues Taxes:
Property Taxes Levied for General Purposes Property Taxes Levied for Debt Service Sales Tax Intergovernmental Tuition and Fees Interest Income Insurance and Damage Recoveries Gain on Sale of Capital Assets Other Total General Revenues Extraordinary Item: Gain after Insurance Recovery
Change in Net Position

June 30, 2005

Fiscal Year

June 30, 2006

June 30, 2007

June 30, 2008

$

581,871 $

629,565 $

690,562 $

729,888

22,342

24,453

25,523

27,550

32,643

36,513

38,970

48,324

142,323

149,359

171,343

186,033

40,610

43,660

45,646

49,432

47,238

53,565

55,836

58,822

-

-

-

-

29,401

29,476

-

-

6,375

4,500

4,606

2,413

$

902,803 $

971,091 $ 1,032,486 $ 1,102,462

$

1,340 $

1,361 $

1,205 $

1,481

12

13

6

11

41,514

40,710

44,245

44,199

833

840

893

1,110

30,438

29,651

-

-

397,845 38,203

437,251 20,306

481,508 34,884

501,582 866

$

510,185 $

530,132 $

562,741 $

549,249

$ (392,618) $ (440,959) $ (469,745) $ (553,213)

$

380,687 $

412,017 $

445,840 $

466,320

19,279

20,851

22,473

1,415

115,673

125,742

129,099

128,043

6,283

12,928

14,178

17,428

-

-

-

-

9,447

17,178

21,231

15,070

1

2

4

-

-

-

-

-

500

648

523

532

$

531,870 $

589,366 $

633,348 $

628,808

-

-

-

-

$

139,252 $

148,407 $

163,603 $

75,595

Source: District Records
99

June 30, 2009

June 30, 2010

Fiscal Year

June 30, 2011

June 30, 2012

June 30, 2013

June 30, 2014

$

737,527

29,467

47,395

182,836

47,802

61,988

-

-

300

$ 1,107,315

$

737,900

31,584

46,721

165,345

46,513

60,912

-

-

-

$ 1,088,975

$

689,680

30,563

48,853

152,083

43,563

56,608

-

28,930

93

$ 1,050,373

$

682,212

30,031

51,475

175,717

44,698

60,143

-

29,746

118

$ 1,074,140

$

685,671

27,093

53,389

156,481

46,888

70,437

-

28,525

-

$ 1,068,484

$

677,187

26,938

45,115

161,460

49,563

63,398

419

30,780

-

$ 1,054,860

$

1,276 $

1,184 $

1,241 $

1,068 $

1,101 $

913

11

10

13

11

10

13

43,557

41,142

27,312

27,921

29,104

28,035

2,254

1,332

909

983

1,842

2,004

-

-

28,721

29,402

28,608

30,970

468,115 2,739

491,465 199

518,300 541

478,937 30,832

504,819 7,524

512,800 8,085

$

517,952 $

535,332 $

577,037 $

569,154 $

573,008 $

582,820

$ (589,363) $ (553,643) $ (473,336) $ (504,986) $ (495,476) $ (472,040)

$

482,690 $

470,456 $

423,694 $

405,965 $

400,271 $

404,759

142

52

43

-

-

-

110,242

112,395

113,739

122,557

121,008

121,712

7,307

2,323

1,475

1,079

-

-

-

-

-

-

-

-

5,931

2,979

3,070

2,076

1,632

1,697

-

-

-

-

-

-

-

-

-

516

-

175

876

953

2,962

4,015

1,347

3,687

$

607,188 $

589,158 $

544,983 $

536,208 $

524,258 $

532,030

-

512

-

-

-

-

$

17,825 $

36,027 $

71,647 $

31,222 $

28,782 $

59,990

100

COBB COUNTY SCHOOL DISTRICT FUND BALANCES, GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS
(amounts expressed in thousands)

General Fund Reserved Unreserved Nonspendable Restricted Committed Assigned Umassigned
Total General Fund

June 30, 2005

Fiscal Year

June 30, 2006

June 30, 2007

June 30, 2008

$

18,418 $

18,825 $

28,335 $

26,739

51,463

93,944

114,566

101,848

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

$

69,881 $

112,769 $

142,901 $

128,587

All Other Governmental Funds

Reserved

$

Unreserved, reported in:

Special Revenues Funds

Capital Projects Funds

Nonspendable

Restricted

Committed

Assigned

Total All Other Governmental Funds $

79,166 $
20,543 (43,463)
56,246 $

127,327 $
24,459 (88,793)
62,993 $

61,017 $
22,063 (18,507)
64,573 $

21,580
22,627 53,105
97,312

(a) Implementation of GASB Statement No. 54: Fund Balance Reporting and Governmental Fund Type Definitions began July 1, 2010. Statement No. 54 provides clarification and transparency to fund balance classifications. The new standard changes overall definitions and classifications of governmental fund balance. Prior to these classifications, fund balance was separated into two groups, Reserved and Unreserved. Under GASB No. 54, the District's fund balance is classified as follows:
1) Nonspendable Fund Balance - Noncash assets, such as inventories and prepaid items. 2) Restricted Fund Balance - Funds with limitations imposed on their use by external restrictions. 3) Committed Fund Balance - Amounts that can only be used for specific purposes pursuant to a formal vote of the
Cobb County Board of Education. 4) Assigned Fund Balance - Amounts designated by the Board of Education for specific purposes. 5) Unassigned Fund Balance - Residual, spendable fund balance after subtracting categories listed above.
Source: District Records
101

June 30, 2009

June 30, 2010

Fiscal Year June 30, 2011 (a) June 30, 2012

June 30, 2013

June 30, 2014

$

2,714 $

5,823 $

77,575

79,783

-$ -

-$ -

-$

-

-

-

-

-

324

353

674

676

-

-

-

-

-

-

-

-

-

-

-

5,000

-

-

46,256

34,396

59,272

47,596

-

-

99,863

98,637

75,349

89,510

$

80,289 $

85,606 $

146,443 $

133,386 $

135,295 $

142,782

$

24,165 $

67,008 $

-$

20,470

22,966

-

115,594

108,716

-

-

-

1,365

-

-

136,076

-

-

11,646

-

-

11,893

$

160,229 $

198,690 $

160,980 $

-$
1,706 76,355 11,883 4,737 94,681 $

-$
1,848 70,804 12,577 2,289 87,518 $

-
-
1,464 129,444
14,790 1,557
147,255

102

COBB COUNTY SCHOOL DISTRICT CHANGES IN FUND BALANCES, GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS

(amounts expressed in thousands)
REVENUES: Taxes Intergovernmental Tuition and Fees Interest Income Insurance and Damage Recoveries Rentals Athletic Ticket Sales Other
Total Revenues

2005
$ 512,566 442,157 58,275 9,447 1 433 3,219 639
1,026,737

Fiscal Year

2006

2007

$ 555,012 470,136 58,905 17,178 2 334 2,908 1,000
1,105,475

$ 593,038 529,965 34,488 21,231 4 397 782
1,179,905

EXPENDITURES: Current:
Instruction Pupil Services Instructional Services School and Administrative Services Student Transportation Maintenance and Operations School Nutrition Program Student Activities Interest and Fiscal Charges Capital Outlay Debt Service: Principal Retirement Interest and Fiscal Charges
Total Expenditures

545,466 19,280 31,060 125,244 34,900 46,116
29,401
139,852
44,462 8,095 1,023,876

573,603 20,998 33,948 126,927 37,443 51,251
29,476
147,980
46,561 6,320 1,074,507

653,593 23,117 37,193 154,002 40,328 55,007
131,234
49,699 6,092 1,150,265

2008
$ 589,915 519,632 34,795 15,070 1 631 735
1,160,779
700,308 25,206 46,992 167,644 45,002 58,119
92,901
1,810 2,413 1,140,395

Excess (Deficiency) of Revenues Over (Under) Expenditures
Other Financing Sources (Uses): Transfers-In Transfers-Out Proceeds from Sale of Capital Assets Proceeds from Capital Lease Agreements Deferred Amount of Refunding Premium on Bonds Issued Refunding Bonds Redeemed Refunding Bonds Issued Total Other Financing Sources (Uses)

2,861
24,938 (26,032)
2 (1,289) 4,062 (128,870) (a) 127,665 (a) 476

30,968
34,827 (35,992)
181 -
(984)

29,640
25,953 (27,730)
340 9,865
8,428

20,384
6,345 (8,476)
172 -
(1,959)

Extraordinary Item: Proceeds from Insurance Recovery
Net Change in Fund Balances

-

-

-

-

$

3,337 $

29,984 $

38,068 $

18,425

Non-Capitalized Expenditures Capitalized Expenditures Total Expenditures
Debt Service as a Percentage of Non-Capitalized Expenditures

$ 900,487 123,389
$ 1,023,876

$ 962,671 111,836
$ 1,074,507

$ 1,028,751 121,514
$ 1,150,265

$ 1,055,849 84,546
$ 1,140,395

5.84%

5.49%

5.42%

0.40%

(a) In fiscal year 2005, the District issued $127,665,000 of general obligation bonds for a refunding of $128,870,000 of series 1995 general obligation bonds. The refunding was undertaken to reduce total future debt service payments.

Source: District Records

103

2009
$ 585,637 477,654 33,143 5,931 11 1,824 1,374
1,105,574

2010
$ 574,944 493,883 31,684 2,979 3 897 1,060
1,105,450

Fiscal Year

2011

2012

$ 540,938 520,316 54,410 3,070 466 3,320 2,753
1,125,273

$ 530,686 510,582 55,448 2,325 526 3,410 4,016
1,106,993

2013
$ 518,604 512,258 56,088 1,717 1,383 3,194 1,347
1,094,591

2014
$ 527,683 520,737 57,170 1,846 1,545 3,219 3,687
1,115,887

692,193 25,770 45,427
164,325 43,938 61,237 48,372
7,376 300
1,088,938

675,152 26,636 43,890 142,959 41,949 59,112 75,261
1,064,959

634,684 25,611 47,255
148,066 40,509 56,584 28,930 93
128,890
1,110,622

634,330 25,740 49,700 169,535 41,469 56,514 29,746 118
179,490
1,186,642

628,513 23,067 51,492 152,266 43,674 59,473
28,525
113,346
1,100,356

625,644 23,572 43,083 157,034 45,961 60,286
419 30,780
61,466
1,048,245

16,636

40,491

14,651

(79,649)

(5,765)

67,642

3,576 (5,696)
103 -
(2,017)

3,492 (4,271)
114 -
(665)

27,953 (29,451)
268 -
(1,230)

24,930 (25,424)
787 -
293

21,448 (21,942)
458 -
(36)

1,218 (2,013)
377 -
(418)

-

$

14,619

$ 1,050,220 38,718
$ 1,088,938

3,952

$

43,778

$ 1,019,111 45,848
$ 1,064,959

-

$

13,421

$ 994,729 115,893
$ 1,110,622

-

-

-

$ (79,356) $

(5,801) $

67,224

$ 1,010,754 175,888
$ 1,186,642

$ 997,944 102,412
$ 1,100,356

$ 989,838 58,407
$ 1,048,245

0.73%

-

-

-

-

-

104

COBB COUNTY SCHOOL DISTRICT PROPERTY TAX LEVIES AND COLLECTIONS JUNE 30, 2014

Property Taxes Collected and Balances Receivable

2008

2009

2010

2011

2012

General Fund Collections Balance Receivable

2013

amounts in thousands
$500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 2014

Balances as of June 30, 2014 (amounts expressed in thousands)

General Fund: Total Taxes Levied Collected Current Year Percent of Taxes Collected
Subsequent Years Collected Total Collected All Years Balance Receivable Percent of Taxes Collected

2008

2009

2010

2011

2012

2013

2014

Total

$ 459,381 $ 477,932 $ 468,234 $ 428,077 $ 403,777 $ 394,842 $ 385,590 $ 3,017,833

454,048 470,480 460,995 422,494 399,261 391,485 383,051 2,981,814

98.84% 98.44% 98.45% 98.70% 98.88% 99.15% 99.34%

98.81%

$ 5,140 $ 7,135 $ 6,811 $ 5,157 $ 4,038 $ 2,455 $

- $ 30,736

459,188 477,615 467,806 427,651 403,299 393,940 383,051 3,012,550

$ 193 $ 317 $ 428 $ 426 $ 478 $ 902 $ 2,539 $ 5,283

99.96% 99.93% 99.91% 99.90% 99.88% 99.77% 99.34%

99.82%

Statute of limitations for collection of delinquent taxes is seven years as permitted by the State of Georgia; therefore, only seven years of data is available.
Source: Office of Tax Commissioner, Cobb County

105

COBB COUNTY SCHOOL DISTRICT ASSESSED AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY LAST TEN FISCAL YEARS

amounts in thousands
$30,000,000

Property Digest Components - Assessed Values

$25,000,000

$20,000,000

$15,000,000

$10,000,000

$5,000,000

$0 2005

2006

2007 2008 Motor Vehicles

2009 2010 Public Services

2011 2012 2013 Maint & Operations

2014

(amounts expressed in thousands) Net M&O

Net Bond

For Maintenance & Operations of Schools

For Debt Service of School Bonds

Fiscal Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Personal Real Property Property $ 15,849,951 $ 1,276,988
17,288,487 1,319,018 18,981,827 1,344,532 20,510,838 1,343,632 21,420,500 1,451,112 21,007,134 1,424,923 18,958,062 1,352,078 17,573,940 1,357,140 16,898,249 1,374,209 16,352,749 1,439,170

Personal

Real Property Property

$ 17,146,090 $ 1,276,988

18,630,090 1,319,018

20,349,394 1,344,532

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total

Public

Assessed

Services Motor Vehicle Value

$ 450,043 $ 1,736,742 $ 20,609,863

457,754 1,688,346 22,095,208

491,717 1,747,132 23,932,775

485,234 1,845,671 24,185,375

523,121 1,892,692 25,287,425

547,675 1,794,543 24,774,275

680,936 1,658,511 22,649,587

753,229 1,679,543 21,363,852

838,778 1,779,893 20,891,129

893,003 1,716,625 20,401,573

Direct Estimated Rate Actual Value 1.900% $ 51,524,657 1.900% 55,238,019 1.900% 59,831,937 1.890% 60,463,438 1.890% 63,218,563 1.890% 61,935,688 1.890% 56,623,969 1.890% 53,409,628 1.890% 52,227,822 1.890% 51,003,931

Note: Prior to 2008, the property digest for debt service of school bonds included properties annexed by the City of Marietta that were no longer taxed for general operations but were still taxed for unpaid school bonds issued before the date of annexation. Taxes levied for debt service were discontinued in July 2007 after bonds were fully paid in fiscal year 2007. Prior to 2008, Maintenance and Operations assessments were included in the bonds amount; therefore, in 2008 through 2012, only the M & O is reflected.
Property Taxes - Assessments are based on 40% of the appraised market value as of January 1 each year. Source: Office of Tax Commissioner, Cobb County

106

COBB COUNTY SCHOOL DISTRICT DIRECT AND OVERLAPPING PROPERTY TAX RATES LAST TEN FISCAL YEARS

PROPERTY TAX RATES
25.00

22.50

20.00

17.50

15.00

12.50

10.00

7.50

5.00

2.50

0.00 2005

2006

2007

2008

2009

School District

2010

2011

County Government

2012

2013

2014

(all tax rates are per $1000 assessed valuation)

Fiscal Year

2005 2006

School District Maint & Operations Debt Service

19.90 0.90

19.90 0.90

Total Direct Rate

20.80 20.80

2007
19.90 0.90
20.80

2008
19.90 0.90
20.80

2009
18.90 -
18.90

2010
18.90 -
18.90

2011
18.90 -
18.90

2012
18.90 -
18.90

2013
18.90 -
18.90

2014
18.90 -
18.90

County Government General Fire District Debt Service Total County Rate
State of Georgia
Total Overlapping Rate

6.85

6.82

6.82

6.82

6.82

6.82

7.72

7.72

7.52

7.52

2.65

2.56

2.56

2.56

2.56

2.56

3.06

3.06

3.06

3.06

0.22

0.22

0.22

0.22

0.22

0.22

0.33

0.33

0.33

0.33

9.72

9.60

9.60

9.60

9.60

9.60 11.11 11.11 10.91 10.91

0.25

0.25

0.25

0.25

0.25

0.25

0.25

0.20

0.20

0.15

9.97

9.85

9.85

9.85

9.85

9.85 11.36 11.31 11.11 11.06

Additional Overlapping Rates

City of Acworth

7.37

7.87

7.68

7.60

7.60

7.60

7.60

7.60

7.60

7.60

City of Austell

3.12

3.12

3.12

3.12

3.12

3.12

3.12

4.00

4.00

4.00

City of Kennesaw

6.75

8.25

8.25

9.50

9.50

9.50

9.50

9.50

9.50

9.50

City of Powder Spgs

8.50

8.50

8.50

8.50

8.50

8.50

8.50

8.50

8.50

8.50

City of Smyrna

9.65

9.57

9.17

8.99

8.99

8.99

8.99

8.99

8.99

8.99

Source: Cobb County Government, Georgia Department of Revenue

107

COBB COUNTY SCHOOL DISTRICT PRINCIPAL PROPERTY TAXPAYERS DECEMBER 31, 2013 AND NINE YEARS AGO
Principal Property Taxpayers - 2013

7.00% 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00%

Inland Properties Walton Communities AT&T/Bellsouth CP Venture Five, LLC Lockheed Martin Corporation Cobb EMC SP4 2300 Windy Ridge LP Ohio Teacher's Retirement Fund Home Depot Georgia Power

Taxpayer Georgia Power Home Depot Ohio Teacher's Retirement Fund SP4 2300 Windy Ridge LP Cobb EMC Lockheed Martin Corporation CP Venture Five, LLC AT&T/Bellsouth Walton Communities Inland Properties Wildwood Properties Post Properties AMLI Land Development Trizechahn Properties
TOTAL

Type of Business Utilities Retail Investment Real Estate Utilities Aircraft Real Estate Telecommunications Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate

December 31, 2013

Percent

of Total

Taxes

Taxes

Rank Levied

Levied

1 $ 9,945,734

2.579%

2

3,889,510

1.009%

3

2,175,214

0.564%

4

2,096,070

0.544%

5

1,950,821

0.506%

6

1,802,652

0.468%

7

1,159,662

0.301%

8

1,083,505

0.281%

9

1,045,840

0.271%

10

1,040,231

0.270%

December 31, 2004

Percent

of Total

Taxes

Taxes

Rank Levied

Levied

5 $ 1,608,184

0.417%

2

3,408,425

0.884%

7

1,553,621

0.403%

6

1,573,253

0.408%

4

2,134,997

0.554%

9

1,221,102

0.317%

1

3,941,796

1.022%

3

2,488,194

0.645%

8

1,397,029

0.362%

10

931,287

0.242%

$ 26,189,239

6.793%

$ 20,257,888

5.254%

Note: School millage rate is 63% of total county rate. Total taxes levied are multiplied by 63% to arrive at amount of school taxes.
Information is available only by calendar year; therefore, data reported is for December 31, 2013 and nine years earlier, December 31, 2004.
Source: Office of Tax Commissioner, Cobb County, GA

108

COBB COUNTY SCHOOL DISTRICT LEGAL DEBT MARGIN INFORMATION LAST TEN FISCAL YEARS
(amounts expressed in thousands)

Debt Limit Total debt applicable to limit

2005 $ 2,060,986
84,062

2006 $ 2,209,521
42,103

Fiscal Year

2007

2008

$ 2,393,278 $ 2,418,538

-

-

2009 $ 2,528,743
-

Legal Debt Margin

$ 1,976,924 $ 2,167,418 $ 2,393,278 $ 2,418,538 $ 2,528,743

Total debt applicable

as a percentage of

debt limit

4.08%

1.91%

-

-

-

Debt Limit Total debt applicable to limit

2010 $ 2,477,428
-

2011 $ 2,264,959
-

Fiscal Year 2012
$ 2,136,385
-

2013 $ 2,089,113
-

2014 $ 2,040,157
-

Legal Debt Margin

$ 2,477,428 $ 2,264,959 $ 2,136,385 $ 2,089,113 $ 2,040,157

Total debt applicable

as a percentage of

debt limit

-

-

-

-

-

Source: District Records

109

COBB COUNTY SCHOOL DISTRICT LEGAL DEBT MARGIN INFORMATION FISCAL YEAR 2014
Legal Debt Information - Fiscal Year 2014
$0

$2,040,157

Total Amount of Debt Applicable to Debt Limit Legal Debt Margin

(amounts expressed in thousands)

Net Assessed Valuation, Cobb County School District,

January 1, 2013

$

Debt Limit - 10% of Assessed Value

$

Amount of Debt Applicable to Debt Limit:

Total Bonded Debt

$

Total Amount of Debt Applicable to Debt Limit

$

Legal Debt Margin

$

Sources: Cobb County Office of Tax Commissioner, District Records

110

20,401,573
2,040,157 -
2,040,157

COBB COUNTY SCHOOL DISTRICT RATIOS OF OUTSTANDING DEBT BY TYPE LAST TEN FISCAL YEARS
Debt Per Capita
$200

$150

$100

$50

$2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

(amounts expressed in thousands, except per capita)

Total

General

Primary

Fiscal Obligation

Capital

Government

Year

Bonds

Leases

Debt

Annual Personal Income

2005 $ 2006 2007

87,440 $ 44,780
-

8,140 $ 4,239 9,186

95,580 $ 49,019
9,186

25,825,320 27,731,499 29,673,178

2008

-

7,376

7,376

31,428,153

2009

-

-

-

31,709,070

2010

-

-

-

30,016,575

2011

-

-

-

30,246,898

2012

-

-

-

31,981,653

2013 2014

-

-

-

33,662,185

-

-

-

34,419,921

Population
586,245 596,736 606,706 615,377 617,750 618,206 633,084 642,143 649,141 658,101

Debt as a Percentage of Personal
Income
0.37% 0.18% 0.03% 0.02%
-

Total Debt Per Capita
$ 163 82 15 12 -

Cobb County School District information based on fiscal years beginning July 1 and ending June 30. Demographic and economic data provided by calendar year.
Population of 658,101 provided by the US Census Bureau (July 1, 2013 estimate); excludes the City of Marietta.

Sources: District Records, Annual Personal Income: US Department of Commerce Bureau of Economic Analysis

111

COBB COUNTY SCHOOL DISTRICT RATIO OF NET GENERAL BONDED DEBT TO ESTIMATED ACTUAL VALUE AND NET BONDED DEBT PER CAPITA LAST TEN FISCAL YEARS

0.18%

Ratio of Net Bonded Debt to Estimated Actual Value

0.16%

0.14%

0.12%

0.10%

0.08%

0.06%

0.04%

0.02%

0.00% 2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Fiscal Year
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Population
586,245 $ 596,736 606,706 615,377 617,750 618,206 633,084 642,143 649,141 658,101

Estimated Actual Value
51,524,657,000 $ 55,238,019,000 59,831,937,000 60,463,438,000 63,218,563,000 61,935,688,000 56,623,969,000 53,409,628,000 52,227,822,000 51,003,931,000

Gross Bonded Debt

Restricted for Bonded
Debt

87,440,000 $ 44,780,000

3,220,000 $ 2,538,000

-

2,599,000

-

1,826,000

-

1,523,000

-

1,356,000

-

-

-

-

-

-

-

-

All general obligation bonds were retired in fiscal year 2007. Population provided by US Census Bureau (2013 estimate); excludes the City of Marietta.

Net Bonded
Debt

Ratio of Net Net Bonded Debt Bonded
to Est. Debt Per Actual Value Capita

84,220,000 42,242,000

0.16% $ 144

0.08%

71

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

112

COBB COUNTY SCHOOL DISTRICT COMPUTATION OF DIRECT AND OVERLAPPING GENERAL OBLIGATION DEBT JUNE 30, 2014
Direct and Overlapping Debt Per Capita
$0

$37
Direct: Cobb County Schools Indirect: Cobb County Government

Direct General Obligation Debt: Gross Bonded Debt

$

-

$

Overlapping General Obligation Debt: Cobb County Government (93% of $26,065,000)

$ 24,240,450 $

Total Direct and Overlapping General Obligation Debt

$

Debt Per Capita:*

Direct General Obligation Debt

$

Overlapping General Obligation Debt

Total

$

-
24,240,450 24,240,450
37 37

*Population of 658,101 from US Census Bureau (less estimated population for City of Marietta). Note: The overlap percentage is determined by the percentage of Fire District to Debt Service Fund of Cobb
County Government.
113

COBB COUNTY SCHOOL DISTRICT COBB COUNTY DEMOGRAPHIC AND ECONOMIC STATISTICS LAST TEN FISCAL YEARS

Cobb County Population Growth

750,000

725,000

700,000

675,000

650,000

625,000

600,000

575,000

550,000

525,000

500,000

475,000

450,000

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

Fiscal Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Population 632,900 643,700 654,900 664,700 674,200 676,800 677,300 699,500 707,500 717,190

Personal Income (In Thousands) $ 24,763,449 25,824,320 27,731,499 29,673,178 31,428,153 31,709,070 30,016,575 30,246,898 31,981,653 33,662,185

Per Capita Median Personal Household Income Income $ 39,127 $ 61,087
40,119 62,423 42,345 61,682 44,641 64,817 46,615 70,472 46,851 63,514 44,318 59,896 43,241 57,995 45,204 65,423 46,936 66,300

Median Age 34.4 34.9 35.6 35.9 36.2 34.8 35.4 35.6 35.4 36.1

Student Enrollment
103,285 105,482 106,572 106,056 105,742 106,488 106,836 106,502 107,914 109,529

Unemployment Rate 4.5% 4.8% 4.1% 3.8% 5.6% 8.8% 9.7% 8.9% 8.0% 7.1%

Sources: Population from US Census Bureau, includes City of Marietta. Personal Income from US Bureau of Economic Analysis Unemployment Rate from Georgia Department of Labor. Median Household Income from Georgia Department of Labor (HUD and US Census Bureau estimates). Median Age from US Census Bureau.

114

COBB COUNTY SCHOOL DISTRICT PRINCIPAL EMPLOYERS CURRENT YEAR AND NINE YEARS AGO
Principal Employers - 2013

60,000 50,000 40,000 30,000 20,000 10,000
-

Six Flags Over Georgia Kroger Company Dobbins Air Force Base Publix Super Markets Cobb County Government Kennesaw State University Lockheed Martin Corporation Home Depot Wellstar Health System Cobb County School District

Employer Cobb County School District Wellstar Health System Home Depot Lockheed Martin Corporation Kennesaw State University Cobb County Government Publix Super Markets Dobbins Air Force Base Kroger Company Six Flags Over Georgia Genuine Parts
Total

Rank 1 2 3 4 5 6 7 8 9 10

2013
Employees 13,562 10,961 8,000 6,200 5,207 4,499 3,285 2,380 2,226 2,166
58,486

Percentage of Total County
Employment 3.89% 3.15% 2.30% 1.78% 1.49% 1.29% 0.94% 0.68% 0.64% 0.62%
16.78%

Rank 1 3 2 4
5 6
7 8

2004
Employees 13,052 8,409 8,421 7,800

Percentage of Total County
Employment 3.76% 2.42% 2.43% 2.25%

5,413 3,151

1.56% 0.91%

2,765 2,000
51,011

0.80% 0.58%
14.71%

Information is available by calendar year; therefore, data reported is for years ended December 31, 2013, and nine years earlier, December 31, 2004. Principal Employers within the county provided by 2013 and 2004 Cobb County Government CAFRs. Cobb's 2004 CAFR listed only eight principal employers, instead of preferred ten.
School District employee totals include each employee in his/her primary job position only.
Sources: District Records, Cobb County Government, Georgia Department of Labor

115

COBB COUNTY SCHOOL DISTRICT COMPARISON OF METROPOLITAN ATLANTA SCHOOL DISTRICT PROPERTY TAX RATES JUNE 30, 2014

Metro Atlanta School District Tax Rates

Tax Rate

30.000

25.000

20.000

15.000

10.000

5.000

0.000

Atlanta Clayton City County

Cobb County

Dekalb Douglas Fulton Gwinnett Marietta Rockdale County County County County City County

Debt Service

M & O

(all tax rates are per $1000 assessed valuation)

School District Atlanta City Clayton County Cobb County Dekalb County Douglas County Fulton County Gwinnett County Marietta City Rockdale County

Total Rate 21.740 20.000 18.900 23.980 21.650 18.502 21.850 18.982 26.000

Source: Georgia Department of Revenue

Maintenance & Operations
21.640 20.000 18.900 23.980 19.850 18.502 19.800 18.982 26.000

Debt Service 0.100 0.000 0.000 0.000 1.800 0.000 2.050 0.000 0.000

116

COBB COUNTY SCHOOL DISTRICT COBB COUNTY BANK DEPOSITS, CONSTRUCTION AND TAXABLE PROPERTY VALUES LAST TEN CALENDAR YEARS

dollars in millions
$1,400

Cobb County New Construction

$1,200

$1,000

$800

$600

$400

$200

$0 2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

(dollars expressed in millions)

Year Ended
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Bank Deposits (a)
$ 7,425 8,478 9,369
10,026 10,739 10,542
9,468 9,490 10,269 10,933

Single-Family

Residences (b)

Number

Market

of Units

Value

2,737 $ 617

2,655

636

2,082

521

1,276

332

510

118

434

99

491

114

597

161

734

204

1,077

316

Total New

Construction (b)

Number

Market

of Permits

Value

9,727 $ 1,175

10,286

1,262

10,232

1,029

9,687

838

7,019

572

5,102

349

5,594

410

5,587

656

5,667

581

6,320

711

Estimated Actual Value
of Taxable Property (c)

$

49,198

51,525

55,238

59,832

60,463

63,219

56,624

53,410

52,227

51,004

(a) Bank deposits as of June 30, 2003 through 2008, supplied by the Georgia Department of Banking and Finance. Bank deposits June 30, 2009 and after, are supplied by the Federal Deposit Insurance Corporation (FDIC).
(b) New residence and construction data for the 12-month period ended December 31 is supplied by the Cobb County Community Development Agency and is on a calendar-year basis.
(c) Source is Cobb County Tax Commissioner.

117

COBB COUNTY SCHOOL DISTRICT PROPERTY DIGEST REDUCTIONS DUE TO EXEMPTIONS LAST TEN FISCAL YEARS

amounts in thousands
$30,000,000

Digest Reductions Compared to Gross Property Digest

$25,000,000

$20,000,000

$15,000,000

$10,000,000

$5,000,000

$0 2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Gross Property Digest
Personal Property Exemption
Elderly Exemption
Homestead Exemption

(amounts expressed in thousands)

Fiscal Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Homestead Exemption $ 1,171,954
1,176,070 1,170,390 1,166,776 1,165,038 1,160,256 1,133,942 1,086,141 1,041,831
999,067

Elderly Exemption $ 2,044,811
2,355,408 2,612,133 2,921,905 3,115,732 3,374,955 3,308,523 3,305,864 3,299,172 3,420,226

Disabled Residents Exemption $ 15,894
15,610 14,708 14,666 15,099 15,389 15,208 14,608 15,660 16,281

Personal Property Exemption $ 973,480 1,078,322 1,182,458 1,264,100 1,086,274 1,159,876 1,501,213 1,274,139 1,175,141 1,196,382

Total Conservation Digest
Exemption Reductions $ 68,447 $ 4,274,586
83,016 4,708,426 85,575 5,065,264 83,478 5,450,925 80,282 5,462,425 82,041 5,792,517 66,204 6,025,090 53,464 5,734,216 52,676 5,584,480 53,574 5,685,530

Gross Property
Digest $ 20,609,863
22,095,208 23,932,775 24,185,375 25,287,425 24,774,275 22,649,587 21,363,851 20,891,129 20,401,572

Reductions as Percent of Gross
Digest 20.74% 21.31% 21.16% 22.54% 21.60% 23.38% 26.60% 26.84% 26.73% 27.87%

Source: Cobb County Office of Tax Commissioner

118

COBB COUNTY SCHOOL DISTRICT NUMBER OF PERSONNEL AND RATIO OF PUPILS TO PROFESSIONAL PERSONNEL LAST TEN FISCAL YEARS
Ratio of Pupils to Professional Personnel
15.0
14.0
13.0
12.0
11.0
10.0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Fiscal Year
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Other

Professional Operating

Service

Personnel (a) Personnel (b) Personnel (c)

8,024 8,508 9,313 9,101 9,213 9,272 8,378 8,290 8,008

2,742 2,961 3,138 3,379 3,391 3,046 2,841 2,970 2,896

2,286 2,335 2,478 2,972 3,049 2,994 2,857 2,847 2,813

7,907

2,821

2,834

Total Personnel
13,052 13,804 14,929 15,452 15,653 15,312 14,076 14,107 13,717 13,562

Active Student Enrollment
103,285 105,482 106,572 106,056 105,742 106,488 106,836 106,502 107,914 109,529

Ratio of Pupils to Professional Personnel
12.9 to 1 12.4 11.4 11.7 11.5 11.5 12.8 12.8 13.5 13.9

(a) Professional personnel consists of all certified personnel including teachers, librarians, counselors, supervisors, consultants, coordinators, principals, assistant principals and other leadership personnel.

(b) Other operating personnel includes non-certified leadership personnel, classroom aides, secretarial and clerical employees, and other technicians.

(c) Service personnel includes food service personnel, custodial employees, bus drivers and maintenance/warehouse employees.

Source: District Records

119

COBB COUNTY SCHOOL DISTRICT OPERATING STATISTICS LAST TEN FISCAL YEARS

Cost Per Pupil Enrolled
$10,500 $10,000 $9,500 $9,000 $8,500 $8,000 $7,500 $7,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Fiscal Year

Expenses

Active Student Enrollment

Cost Per Pupil Enrolled

Percentage of
Change

Professional Personnel

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

$ 902,803,000 971,091,000
1,032,486,000 1,102,462,000 1,107,315,000 1,088,975,000 1,050,373,000 1,074,140,000 1,068,484,000 1,054,860,000

103,285 105,482 106,572 106,056 105,742 106,488 106,836 106,502 107,914 109,529

$ 8,741 9,206 9,688
10,395 10,472 10,226
9,832 10,086
9,901 9,631

5.32% 5.23% 7.30% 0.74% -2.35% -3.86% 2.58% -1.83% -2.73%

8,024 8,508 9,313 9,101 9,213 9,272 8,378 8,290 8,008 7,907

Ratio of Pupils to Professional Personnel
12.9 to 1 12.4 11.4 11.7 11.5 11.5 12.8 12.8 13.5 13.9

Note: Professional personnel consists of all certified personnel including teachers, librarians, counselors, supervisors consultants, coordinators, principals, assistant principals and other leadership personnel.
Source: District Records 120

COBB COUNTY SCHOOL DISTRICT GENERAL FUND EXPENDITURES BY FUNCTION LAST TEN FISCAL YEARS

amounts in thousands $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 2005 2006 2007 2008 2009 2010 2011 Other Capital Outlay Business Serv. School & Admin.

2012 2013 Pupil Services

2014 Instruction

(amounts expressed in thousands)

Fiscal

Pupil

Year Instruction Services

School & Administrative
Services

Business Services

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

$ 538,858 $ 12,698 $ 568,611 15,414 650,506 16,894 711,160 18,716 703,297 19,566 671,102 18,513 635,497 16,755 641,662 17,330 632,579 17,502 628,652 19,489

70,601 74,866 80,690 83,620 85,445 74,888 72,761 78,172 77,821 78,407

$ 78,343 86,146 92,320
100,139 101,253
97,049 93,103 93,237 100,191 103,311

Capital Outlay Other

$ 5,217 $ 4,340

5,581 4,063

9,232 5,536

15,970 2,085

14,977 7,676

1,484

-

3,522

-

9,214

-

6,659

-

4,346 1,489

Total
$ 710,057 754,681 855,178 931,690 932,214 863,036 821,638 839,615 834,752 835,694

Instruction includes expenditures for Instruction and Instructional Services. Business Services includes expenditures for Student Transportation and Maintenance & Operations. Other includes expenditures for School Nutrition Program and Student Activities.

Source: District Records

121

COBB COUNTY SCHOOL DISTRICT GENERAL FUND REVENUES BY SOURCE LAST TEN FISCAL YEARS

amounts in thousands

$900,000

$800,000

$700,000

$600,000

$500,000

$400,000

$300,000 $200,000 $100,000

Other Interest Intergovernmental Local Taxes

$0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

(amounts expressed in thousands)

Fiscal Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Local Taxes $ 377,772
408,599 441,716 460,537 475,294 462,518 427,174 408,123 397,592 405,970

Intergovernmental

$

340,185

381,436

422,286

449,098

404,313

404,856

431,352

391,997

415,168

431,907

Interest Income

$

5,193

9,714

12,150

9,843

4,497

2,475

2,410

1,981

1,562

1,637

Other $ 770
900 799 1,082 2,276 1,830 1,091 1,092 2,406 4,991

Total $ 723,920
800,649 876,951 920,560 886,380 871,679 862,027 803,193 816,728 844,505

Other includes Tuition & Fees, Insurance & Damage Recoveries, Rentals and Other Revenues. Source: District Records
122

COBB COUNTY SCHOOL DISTRICT RATIO OF ANNUAL DEBT SERVICE EXPENDITURES FOR GENERAL BONDED DEBT TO TOTAL GENERAL EXPENDITURES LAST TEN FISCAL YEARS
Ratio of Annual Debt Service Expenditures for General Bonded Debt to Total General Expenditures
7% 6% 5% 4% 3% 2% 1% 0%

Fiscal Year
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Debt Service Fund Expenditures

$

45,197,000

46,158,000

46,571,000

-

-

-

-

-

-

-

General Fund Expenditures
710,057,000 754,681,000 855,178,000 931,690,000 932,214,000 863,036,000 821,638,000 839,615,000 834,752,000 835,694,000

Note: Debt Service was fully paid by the end of fiscal year 2007.

Source: District Records 123

Ratio of Debt Service Fund to General Fund
Expenditures
6.37% 6.12% 5.45% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

COBB COUNTY SCHOOL DISTRICT RESULTS OF ALL BOND AND SALES TAX REFERENDUMS 1950 TO PRESENT
Percentage of Voters Approving Referendums
90% 80% 70% 60% 50% 40% 30% 20% 10% 0%
1950 1957 1961 1962 1964 1969 1973 1977 1979 1981 1985 1987 1989 1991 1995 1997 1998 2003 2008 2013

Referendums:

Year Amount

1950 $ 1,500,000

1957

1,750,000

1961

2,500,000

1962

3,000,000

1964

4,000,000

1969 15,000,000

1973 16,500,000

1977 22,000,000

1979 20,000,000

1981

8,000,000

1985 27,000,000

1987 58,500,000

1989 59,500,000

1991 39,600,000

1995 220,865,000

1997 609,200,000

1998 626,773,000

2003 636,504,000

2008 797,657,000

2013 717,845,000

Maturity 1970 1977 1980 1983 1994 1990 1994 1996 1997 1997 1997 2001 2002 2004 2007 2002 2003 2008 2013 2018

Action Passed Passed Passed Passed Passed Passed Passed Passed Passed Passed Passed Passed Passed Passed Passed Failed Passed Passed Passed Passed

Pro 2,907 2,023 3,187 2,816 2,942 7,769 7,405 10,694 9,725 9,858 24,476 10,716 15,510 20,197 18,140 14,204 36,433 36,078 21,873 23,273

Con 841 562 868 986
1,629 2,922 5,165 4,241 7,611 7,511 11,481 2,573 2,311 6,409 13,124 18,820 26,403 10,262 14,137 17,325

Void 17 31 38 36 63 5 10 22
219 103
65 126 268 142 177 545
44

Total Votes
3,765 2,616 4,093 3,838 4,634 10,696 12,580 14,957 17,555 17,472 35,957 13,354 17,947 26,874 31,406 33,201 63,381 46,340 36,010 40,642

Approval Percentage
77.56% 78.26% 78.59% 74.07% 64.36% 72.67% 58.91% 71.60% 56.10% 56.76% 68.07% 80.64% 87.03% 75.91% 58.02% 43.01% 57.98% 77.85% 60.74% 57.33%

Note: 1997, 1998, 2003, 2008 and 2013 referendums were for a 1% local option sales tax with the amounts shown representing an estimate of collections for the full five year life of the tax. All other referendums were for bond issues. Source: Cobb County Board of Elections.

124

COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS

School Name

2005

Acworth Intermediate (2001) Square Feet Capacity Enrollment
Addison (1989) Square Feet Capacity Enrollment
Argyle (1961) Square Feet Capacity Enrollment
Austell (2005) Square Feet Capacity Enrollment
Baker (1988) Square Feet Capacity Enrollment
Bells Ferry (1963) Square Feet Capacity Enrollment
Belmont Hills (1952) Square Feet Capacity Enrollment
Big Shanty (1968) Square Feet Capacity Enrollment
Birney (1973) Square Feet Capacity Enrollment
Blackwell (1998) Square Feet Capacity Enrollment
Brown (1955) Square Feet Capacity Enrollment
Brumby (1966) Square Feet Capacity Enrollment
Bryant (1991) Square Feet Capacity Enrollment
Bullard (2003) Square Feet Capacity Enrollment
Chalker (1997) Square Feet Capacity Enrollment
Cheatham Hill (1997) Square Feet Capacity Enrollment

131,924 962
1,139
72,192 637 564
61,503 562 738
-
106,668 962 768
54,862 462 520
67,106 562 371
83,417 837 740
106,180 912 864
111,299 837 727
49,828 412 256
99,181 912 850
114,090 962
1,197
136,261 962
1,129
124,148 962 931
122,260 937
1,013

2006
131,924 962 746
81,334 637 559
61,503 562 757
85,236 512 332
106,668 962 738
54,862 462 599
67,106 562 581
83,417 837 742
106,180 912 876
111,299 837 736
49,828 412 257
99,181 912 914
114,090 962 952
136,261 962
1,197
124,148 962 975
122,260 937
1,060

2007
131,924 962 757
81,334 637 563
61,503 562 763
85,236 512 350
106,668 962 811
54,862 462 618
67,106 562 663
83,417 837 783
106,180 912 923
111,299 837 766
49,828 412 256
99,181 912 865
114,090 962 912
136,261 962
1,188
124,148 962 956
122,260 937
1,112

2008
131,924 962 808
81,334 637 591
61,503 562 666
85,236 512 324
106,668 962 772
54,862 462 621
67,106 562 656
83,417 837 785
106,180 912 863
111,299 837 723
49,828 412 246
99,181 912 802
114,090 962 818
136,261 962
1,234
124,148 962 885
122,260 937
1,105

2009
131,924 962 870
81,334 637 583
61,503 562 654
85,236 512 326
106,668 962 806
54,862 462 580
67,106 562 612
83,417 837 851
106,180 912 751
111,299 837 710
49,828 412 264
99,181 912 860
114,090 962 797
136,261 962
1,109
124,148 962 838
122,260 937
1,090

2010
131,924 962 853
81,334 637 557
61,503 562 662
85,236 512 309
106,668 962 819
54,862 462 586
67,106 562 619
83,417 837 859
106,180 912 710
111,299 837 722
49,828 412 292
99,181 912 954
114,090 962 802
136,261 962
1,046
124,148 962 849
122,260 937
1,084

2011
131,924 962 830
81,334 637 587
61,503 562 652
85,236 512 320
106,668 962 809
54,862 462 604
67,106 562 534
83,417 837 825
106,180 912 750
111,299 837 735
49,828 412 297
99,181 912 963
114,090 962 771
136,261 962 997
124,148 962 816
122,260 937
1,115

2012
131,924 913 821
81,334 662 594
56,238 537 647
85,236 562 314
106,694 987 789
83,098 712 590
68,409 562 496
84,461 837 789
105,886 912 755
111,299 837 703
49,828 412 302
99,181 912 952
116,071 962 825
136,261 987 971
124,148 963 743
137,108 1,063 1,123

2013
131,924 913 832
81,334 662 596
56,238 537 641
85,236 562 470
106,694 987 761
83,098 712 585
68,409 562 481
84,461 837 759
105,886 912 768
111,299 837 703
49,828 412 285
99,181 912
1,000
116,071 962 962
136,261 987 933
124,148 963 683
137,108 1,063 1,149

2014
131,924 913 776
81,334 662 587
56,904 537 480
85,236 562 532
106,694 987 756
83,098 712 593
68,409 562 307
84,461 837 771
105,886 912 775
111,299 837 730
49,828 412 -
99,181 912
1,051
116,071 962 953
136,261 987 894
124,148 963 675
137,108 1,063 1,112

125

COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS

School Name

2005

Clarkdale (1963) (a)

Square Feet

44,412

Capacity

362

Enrollment

459

Clarkdale Replacement (2012)

Square Feet

-

Capacity

-

Enrollment

-

Clay (1961)

Square Feet

51,930

Capacity

437

Enrollment

475

Compton (1969)

Square Feet

100,586

Capacity

912

Enrollment

692

Davis (1987)

Square Feet

87,763

Capacity

787

Enrollment

619

Dowell (1989)

Square Feet

106,003

Capacity

962

Enrollment

988

Due West (1957)

Square Feet

47,350

Capacity

437

Enrollment

461

East Side (1952)

Square Feet

77,918

Capacity

787

Enrollment

831

East Side Replacement (2011)

Square Feet

-

Capacity

-

Enrollment

-

Eastvalley (1960)

Square Feet

58,150

Capacity

562

Enrollment

565

Fair Oaks (1957)

Square Feet

84,153

Capacity

812

Enrollment

707

Ford (1991)

Square Feet

91,129

Capacity

837

Enrollment

979

Frey (1996)

Square Feet

124,148

Capacity

962

Enrollment

921

Garrison Mill (1984)

Square Feet

85,775

Capacity

687

Enrollment

613

Green Acres (1996)

Square Feet

90,915

Capacity

687

Enrollment

833

Harmony Leland (1951)

Square Feet

68,564

Capacity

357

Enrollment

568

2006
44,412 362 480
-
51,930 437 515
100,586 912 690
87,763 787 608
106,003 962
1,003
47,350 437 478
77,918 787 870
-
58,150 562 614
84,153 812 747
91,129 837
1,021
124,148 962 938
85,775 687 618
90,915 687 695
85,764 512 583

2007
44,412 362 455
-
51,930 437 491
100,586 912 698
87,763 787 632
106,003 962
1,054
47,350 437 435
77,918 787 982
-
58,150 562 569
98,789 862 894
91,129 837
1,061
124,148 962 897
85,775 687 645
90,915 687 673
85,764 512 558

2008
44,412 362 464
-
51,930 437 528
100,586 912 541
87,763 787 581
106,003 962
1,087
71,112 612 459
77,918 787 961
-
58,150 562 550
98,789 862 825
91,129 837
1,027
124,148 962 830
85,775 687 705
90,915 687 653
85,764 512 475

2009
44,412 362 440
-
51,930 437 536
100,586 912 516
87,763 787 558
106,003 962
1,061
71,112 612 497
77,918 787 990
-
58,150 562 556
98,789 862 806
91,129 837 884
124,148 962 621
85,775 687 699
90,915 687 658
85,764 512 517

2010
407
-
51,930 437 535
100,586 912 485
87,763 787 557
106,003 962 996
71,112 612 538
77,918 787
1,031
-
58,150 562 619
98,789 862 839
91,129 837 863
124,148 962 670
85,775 687 724
90,915 687 712
85,764 512 544

2011
394
-
51,930 437 543
100,586 912 485
87,763 787 540
106,003 962
1,019
71,112 612 536
77,918 787
1,059
-
58,150 562 622
98,789 862 824
91,129 837 831
124,148 962 677
85,775 687 706
90,915 687 738
85,764 512 582

2012
391
-
55,412 437 510
99,427 937 453
86,131 788 543
106,003 963 980
70,367 587 553
-
149,764 1,087 1,119
60,029 562 638
97,993 863 837
91,129 862 753
125,717 963 693
85,775 688 723
90,915 688 785
65,127 512 591

2013

2014

-

-

-

-

-

-

129,988 862 587

129,988 862 631

55,412 437 351

55,412 437 381

99,427 937 556

99,427 937 559

86,131 788 559

86,131 788 584

106,003 963 968

106,003 963 922

70,367 587 547

70,367 587 594

-

-

-

-

-

-

149,764 1,087 1,221

149,764 1,087 1,304

60,029 562 661

60,029 562 692

97,993 863 831

97,993 863 898

91,129 862 713

91,129 862 681

125,717 963 737

125,717 963 742

85,775 688 716

85,775 688 675

90,915 688 866

90,915 688 767

65,127 512 678

65,127 512 699

Continued---

126

COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS

School Name

2005

Hayes (1993)

Square Feet

117,579

Capacity

962

Enrollment

995

Hendricks (2001)

Square Feet

123,000

Capacity

962

Enrollment

847

Hollydale (1968)

Square Feet

89,995

Capacity

812

Enrollment

854

Keheley (1986)

Square Feet

68,030

Capacity

587

Enrollment

547

Kemp (2002)

Square Feet

123,000

Capacity

962

Enrollment

868

Kennesaw (1991)

Square Feet

113,828

Capacity

962

Enrollment

868

Kincaid (1972)

Square Feet

81,752

Capacity

762

Enrollment

606

King Springs (1956)

Square Feet

58,785

Capacity

562

Enrollment

589

LaBelle (1955)

Square Feet

58,505

Capacity

537

Enrollment

497

Lewis (1986)

Square Feet

106,218

Capacity

946

Enrollment

1,074

Mableton (1950)

Square Feet

47,426

Capacity

412

Enrollment

483

Mableton Replacement (2012)

Square Feet

-

Capacity

-

Enrollment

-

McCall Primary (2005)

Square Feet

-

Capacity

-

Enrollment

-

Milford (1954)

Square Feet

64,168

Capacity

612

Enrollment

601

Mount Bethel (1978)

Square Feet

105,016

Capacity

912

Enrollment

946

Mountain View (1986)

Square Feet

102,725

Capacity

862

Enrollment

785

2006
117,579 962
1,139
123,000 962 599
89,995 812 875
68,030 587 542
123,000 962 904
113,828 962 960
81,752 762 615
58,785 562 606
58,505 537 481
115,363 962
1,101
47,426 412 461
-
88,217 512 409
64,168 612 576
105,016 912 933
102,725 862 770

2007
117,579 962
1,091
123,000 962 633
89,995 812 859
68,030 587 516
123,000 962 896
113,828 962 893
81,752 762 605
58,785 562 622
80,655 687 475
115,363 962
1,153
47,426 412 429
-
88,217 512 486
69,776 612 647
105,016 912 962
102,725 862 794

2008
117,579 962
1,080
123,000 962 618
89,995 812 841
68,030 587 513
123,000 962 913
113,828 962 952
81,752 762 614
58,785 562 583
80,655 687 475
115,363 962
1,124
47,426 412 407
-
88,217 512 469
69,776 612 653
105,016 912 960
102,725 862 819

2009
117,579 962
1,061
123,000 962 598
89,995 812 781
68,030 587 488
123,000 962 902
113,828 962 906
81,752 762 660
58,785 562 587
80,655 687 484
115,363 962 910
47,426 412 417
-
88,217 512 451
69,776 612 624
105,016 912
1,002
102,725 862 829

2010
117,579 962
1,116
123,000 962 576
89,995 812 764
68,030 587 465
123,000 962 926
113,828 962 915
81,752 762 675
58,785 562 617
80,655 687 486
115,363 962 885
47,426 412 399
-
88,217 512 459
69,776 612 650
105,016 912
1,029
102,725 862 833

2011
117,579 962
1,078
123,000 962 565
89,995 812 727
68,030 587 468
123,000 962 931
113,828 962 848
81,752 762 687
58,785 562 676
80,655 687 449
115,363 962 885
47,426 412 437
-
88,217 512 506
69,776 612 635
105,016 912 996
102,725 862 848

2012
119,189 962
1,020
123,025 962 603
89,012 862 735
70,537 588 470
123,000 962 929
116,400 962 824
83,969 762 670
59,658 587 692
82,912 688 456
115,363 962 800
47,426 412 457
-
88,158 562 451
73,352 612 658
110,096 937
1,006
102,725 887 853

2013
119,189 962 985
123,025 962 584
89,012 862 693
70,537 588 473
123,000 962 964
116,400 962 714
83,969 762 730
59,658 587 792
82,912 688 476
115,363 962 749
-
148,523 962 943
88,158 562 431
73,352 612 559
110,096 937 984
102,725 887 840

2014
119,189 962 961
123,025 962 531
89,012 862 693
70,537 588 484
123,000 962
1,031
116,400 962 712
83,969 762 740
59,658 587 832
82,912 688 576
115,363 962 763
-
148,523 962 950
88,158 562 407
73,352 612 466
110,096 937
1,011
102,725 887 837

127

COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS

School Name

2005

Murdock (1975)

Square Feet

85,542

Capacity

687

Enrollment

816

Nicholson (1990)

Square Feet

75,800

Capacity

637

Enrollment

573

Nickajack (1998)

Square Feet

114,350

Capacity

837

Enrollment

810

Norton Park (1961)

Square Feet

66,603

Capacity

612

Enrollment

763

Pickett's Mill (2008)

Square Feet

-

Capacity

-

Enrollment

-

Pitner (2003)

Square Feet

135,800

Capacity

962

Enrollment

1,038

Powder Springs (1988)

Square Feet

101,870

Capacity

887

Enrollment

972

Powers Ferry (1951)

Square Feet

56,104

Capacity

462

Enrollment

456

Riverside Primary (2005)

Square Feet

-

Capacity

-

Enrollment

-

Riverside Intermediate (2001)

Square Feet

123,000

Capacity

962

Enrollment

791

Rocky Mount (1977)

Square Feet

78,720

Capacity

587

Enrollment

593

Russell (1961)

Square Feet

63,212

Capacity

612

Enrollment

662

Sanders (1997)

Square Feet

116,302

Capacity

862

Enrollment

941

Sedalia Park (1956)

Square Feet

84,051

Capacity

787

Enrollment

771

Shallowford Falls (1990)

Square Feet

73,600

Capacity

612

Enrollment

656

Sky View (1957) (b)

Square Feet

50,270

Capacity

462

Enrollment

430

2006
85,442 687 845
75,800 637 563
114,350 837 828
66,603 612 806
-
135,800 962
1,083
101,870 887 922
56,104 462 452
85,236 512 434
123,000 962 791
78,720 587 608
63,212 612 674
116,302 862 867
84,051 787 791
73,600 612 641
50,270 462 468

2007
123,233 962 836
75,800 637 541
114,350 837 785
87,301 787 750
-
135,800 962
1,049
101,870 887 936
56,104 462 470
85,236 512 545
123,000 962 838
78,720 587 597
101,862 962 651
116,302 862 889
101,125 887 752
112,947 962 654
50,270 462 448

2008
123,233 962 846
75,800 637 511
114,350 837 670
87,301 787 678
-
135,800 962
1,054
101,870 887 891
56,104 462 472
85,236 512 516
123,000 962 819
78,720 587 591
101,862 962 655
116,302 862 894
101,125 887 746
112,947 962 663
50,270 462 387

2009
123,233 962 875
75,800 637 521
114,350 837 725
87,301 787 764
136,261 962 724
135,800 962 971
101,870 887 892
56,104 462 477
85,236 512 440
123,000 962 777
78,720 587 606
101,862 962 687
116,302 862 936
101,125 887 799
112,947 962 695
50,270 462 409

2010
123,233 962 861
75,800 637 527
114,350 837 815
87,301 787 674
136,261 962 742
135,800 962 977
101,870 887 866
56,104 462 483
85,236 512 465
123,000 962 841
78,720 587 592
101,862 962 725
116,302 862 926
101,125 887 782
112,947 962 710
50,270 462 399

2011
123,233 962 823
75,800 637 497
114,350 837 904
87,301 787 730
136,261 962 717
135,800 962 945
101,870 887 811
56,104 462 490
85,236 512 491
123,000 962 871
78,720 587 629
101,862 962 703
116,302 862 872
101,125 887 804
112,947 962 690
50,270 462 373

2012
123,233 962 825
75,800 637 513
122,342 937 960
87,935 837 708
139,090 963 707
136,261 962 942
101,870 888 802
59,190 462 468
85,236 562 561
123,000 962 925
71,408 612 613
103,369 962 693
116,302 862 903
99,735 888 816
112,620 962 674
50,270 462 400

2013

2014

123,233 962 830

123,233 962 859

75,800 637 511

75,800 637 500

122,342 937
1,055

122,342 937
1,130

87,935 837 788

87,935 837 808

139,090 963 723

139,090 963 736

136,261 962 937

136,261 962 909

101,870 888 783

101,870 888 807

59,190 462 467

59,190 462 448

85,236 562 681

85,236 562 710

123,000 962
1,107

123,000 962
1,101

71,408 612 614

72,896 612 602

103,369 962 728

104,362 962 704

116,302 862 829

116,302 862 809

99,735 888 828

99,735 888 815

112,620 962 658

112,620 962 654

-

-

-

-

-

-

Continued---

128

COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS

School Name
Smyrna (2013) Square Feet Capacity Enrollment
Sope Creek (1978) Square Feet Capacity Enrollment
Still (1978) Square Feet Capacity Enrollment
Teasley (1961) Square Feet Capacity Enrollment
Timber Ridge (1990) Square Feet Capacity Enrollment
Tritt (1979) Square Feet Capacity Enrollment
Varner (1990) Square Feet Capacity Enrollment
Vaughan (1996) Square Feet Capacity Enrollment
Awtrey (1965) Square Feet Capacity Enrollment
Barber (2005) Square Feet Capacity Enrollment
Campbell (1951) Square Feet Capacity Enrollment
Cooper (2001) Square Feet Capacity Enrollment
Daniell (1966) Square Feet Capacity Enrollment
Dickerson (1981) Square Feet Capacity Enrollment
Dodgen (1975) Square Feet Capacity Enrollment
Durham (1998) Square Feet Capacity Enrollment

2005
-
106,348 962
1,104
82,687 612 579
56,810 462 585
73,450 587 513
109,912 937 849
109,827 962 834
122,260 937
1,095
143,704 1,012 1,594
-
176,241 1,337 1,251
175,345 1,162 1,069
141,419 1,087 954
157,333 1,097 1,409
111,484 741 841
173,487 1,162 1,676

2006
-
106,348 962
1,070
82,687 612 625
56,810 462 561
73,450 587 507
109,912 937 863
109,827 962 845
122,260 937
1,138
143,704 1,012 843
175,345 1,162 866
176,241 1,137 1,187
175,345 1,162 1,034
141,419 1,087 930
165,953 1,157 1,397
182,985 1,162 861
173,487 1,162 1,708

2007
-
106,348 962
1,093
121,289 962 670
56,810 462 538
73,450 587 526
109,912 937 892
109,827 962 790
122,260 937
1,128
143,704 1,012 776
175,345 1,162 922
205,911 1,337 1,017
175,345 1,162 956
165,011 1,162 949
165,953 1,187 1,265
182,985 1,162 1,083
173,487 1,162 1,141

2008
-
106,348 962
1,078
121,289 962 687
56,810 462 487
73,450 587 510
109,912 937 892
109,827 962 824
122,260 937
1,076
143,704 1,012 839
175,345 1,162 942
205,911 1,337 961
175,345 1,162 926
165,011 1,162 931
165,953 1,187 1,195
182,985 1,162 1,151
173,487 1,162 1,116

2009
-
106,348 962
1,064
121,289 962 750
56,810 462 513
73,450 587 539
109,912 937 899
109,827 962 829
122,260 937 859
143,704 1,012 862
175,345 1,162 927
205,911 1,337 1,024
175,345 1,162 872
165,011 1,162 943
165,953 1,187 1,122
182,985 1,162 1,122
173,487 1,162 1,129

2010
-
106,348 962
1,142
121,289 962 775
56,810 462 578
73,450 587 590
109,912 937 936
109,827 962 833
122,260 937 817
143,704 1,012 920
175,345 1,162 914
205,911 1,337 1,106
175,345 1,162 827
165,011 1,162 981
165,953 1,187 1,119
182,985 1,162 1,104
173,487 1,162 1,111

2011
-
106,348 962
1,159
121,289 962 776
56,810 462 670
73,450 587 589
109,912 937 909
109,827 962 791
122,260 937 742
143,704 1,012 863
175,345 1,162 954
205,911 1,337 1,146
175,345 1,162 832
165,011 1,162 1,017
165,953 1,187 1,142
182,985 1,162 1,132
173,487 1,162 1,103

2012
-
133,344 1,162 1,142
116,074 963 764
55,944 487 689
73,450 612 650
109,769 937 908
109,827 962 774
122,260 937 721
149,860 1,037 881
178,465 1,162 967
207,172 1,338 1,201
170,905 1,162 851
163,526 1,163 972
166,048 1,187 1,212
183,798 1,212 1,190
173,487 1,162 1,101

2013
-
133,344 1,162 1,157
116,074 963 768
55,944 487 718
73,450 612 615
109,769 937 926
109,827 962 742
122,260 937 676
156,660 1,037 848
178,465 1,162 966
207,172 1,338 1,278
170,905 1,162 942
177,356 1,163 977
166,048 1,187 1,212
183,798 1,212 1,185
173,487 1,162 1,093

2014
143,107 962 863
133,344 1,162 1,181
117,539 963 814
55,944 487 720
73,450 612 610
109,769 937 918
109,827 962 703
122,260 937 659
156,660 1,037 850
178,465 1,162 979
220,228 1,338 1,286
170,905 1,162 936
177,356 1,163 978
166,048 1,187 1,237
183,798 1,212 1,157
173,487 1,162 1,025

129

COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS

School Name

2005

East Cobb (1963)

Square Feet

165,237

Capacity

1,162

Enrollment

1,289

Floyd (1964)

Square Feet

120,560

Capacity

812

Enrollment

929

Garrett (1972)

Square Feet

122,329

Capacity

812

Enrollment

847

Griffin (1972)

Square Feet

122,698

Capacity

747

Enrollment

993

Hightower Trail (1993)

Square Feet

141,264

Capacity

987

Enrollment

946

Lindley 6th Grade Academy (1962)

Square Feet

114,635

Capacity

787

Enrollment (b)

455

Lindley (2001)

Square Feet

179,170

Capacity

1,162

Enrollment

1,407

Lost Mountain (1992)

Square Feet

137,027

Capacity

987

Enrollment

1,513

Lovinggood (2006)

Square Feet

-

Capacity

-

Enrollment

-

Mabry (1978)

Square Feet

113,212

Capacity

868

Enrollment

882

McCleskey (1983)

Square Feet

113,525

Capacity

837

Enrollment

858

McClure (2006)

Square Feet

-

Capacity

-

Enrollment

-

Palmer (2001)

Square Feet

175,345

Capacity

1,162

Enrollment

1,264

Pine Mountain (1979)

Square Feet

119,076

Capacity

792

Enrollment

1,212

Simpson (1988)

Square Feet

110,000

Capacity

837

Enrollment

885

Smitha (1993)

Square Feet

141,596

Capacity

987

Enrollment

1,292

2006
165,237 1,162 1,257
166,551 1,162 998
122,329 812 923
186,947 1,162 1,095
141,264 987 966
114,635 787 230
179,170 1,162 1,354
137,027 987
1,576
-
158,434 1,137 848
113,525 837 822
-
175,345 1,162 1,173
119,076 792
1,261
110,000 837 844
141,596 987
1,306

2007
181,573 1,212 1,148
166,551 1,162 894
122,329 812 894
186,947 1,162 1,064
149,038 1,012 1,020
114,635 787 260
179,170 1,162 1,381
164,107 1,162 1,167
178,465 1,162 1,262
158,434 1,137 849
113,525 837 815
191,209 1,162 1,029
175,345 1,162 1,134
131,459 887 752
110,000 837 813
167,815 1,137 1,013

2008
181,573 1,212 1,130
166,551 1,162 882
122,329 812 909
186,947 1,162 993
149,038 1,012 986
114,635 787 198
179,170 1,162 1,252
164,107 1,162 1,107
178,465 1,162 1,238
158,434 1,137 941
113,525 837 752
191,209 1,162 1,155
175,345 1,162 1,101
131,459 887 743
110,000 837 871
167,815 1,137 965

2009
181,573 1,212 1,183
166,551 1,162 812
122,329 812 898
186,947 1,162 922
149,038 1,012 975
114,635 787 440
179,170 1,162 827
164,107 1,162 1,074
178,465 1,162 1,269
158,434 1,137 959
113,525 837 769
191,209 1,162 1,157
175,345 1,162 1,083
131,459 887 728
110,000 837 892
167,815 1,137 862

2010
181,573 1,212 1,241
166,551 1,162 819
122,329 812 862
186,947 1,162 916
149,038 1,012 964
114,635 787 470
179,170 1,162 832
164,107 1,162 1,131
178,465 1,162 1,185
158,434 1,137 892
113,525 837 765
191,209 1,162 1,165
175,345 1,162 1,069
131,459 887 772
110,000 837 889
167,815 1,137 817

2011
181,573 1,212 1,294
166,551 1,162 821
122,329 812 901
186,947 1,162 959
149,038 1,012 963
114,635 787 493
179,170 1,162 916
164,107 1,162 1,105
178,465 1,162 1,182
158,434 1,137 864
113,525 837 692
191,209 1,162 1,167
175,345 1,162 1,042
131,459 887 738
110,000 837 843
167,815 1,137 907

2012
186,961 1,362 1,281
166,551 1,112 870
122,329 812 853
186,947 1,162 1,064
149,038 1,012 956
111,260 788 523
179,170 1,162 1,041
165,107 1,137 1,016
175,345 1,162 1,214
160,581 1,162 849
113,525 937 668
191,209 1,163 1,138
175,974 1,162 999
131,399 887 725
110,000 837 862
169,345 1,137 968

2013

2014

186,961 1,362 1,273

186,961 1,362 1,310

166,551 1,112 865

166,551 1,112 969

152,212 963 854

152,212 963 779

186,947 1,162 1,154

186,947 1,162 1,201

149,038 1,012 992

149,038 1,012 1,014

111,260 788 542

111,260 788 589

179,170 1,162 1,072

179,170 1,162 1,089

165,107 1,137 939

165,107 1,137 943

175,345 1,162 1,339

175,345 1,162 1,406

160,581 1,162 847

160,581 1,162 893

149,577 937 678

149,577 937 715

191,209 1,163 1,092

191,209 1,163 1,090

175,974 1,162 963

175,974 1,162 990

169,809 912 706

169,809 912 710

138,902 962 876

143,888 962 895

169,345 1,137 995

169,345 1,137 1,001

Continued---

130

COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS

School Name
Tapp (1975) Square Feet Capacity Enrollment
Allatoona (2008) Square Feet Capacity Enrollment
Campbell (1963) Square Feet Capacity Enrollment
Harrison (1991) Square Feet Capacity Enrollment
Hillgrove (2006) Square Feet Capacity Enrollment
Kell (2002) Square Feet Capacity Enrollment
Kennesaw Mountain (2000) Square Feet Capacity Enrollment
Lassiter (1981) Square Feet Capacity Enrollment
McEachern (1930) Square Feet Capacity Enrollment
North Cobb (1957) Square Feet Capacity Enrollment
Osborne (1961) Square Feet Capacity Enrollment
Pebblebrook (1963) Square Feet Capacity Enrollment
Pope (1987) Square Feet Capacity Enrollment
South Cobb (1951) Square Feet Capacity Enrollment
Sprayberry (1973) Square Feet Capacity Enrollment
Walton (1975) Square Feet Capacity Enrollment

2005
157,435 1,137 1,067
-
317,515 2,262 2,093
235,445 1,837 2,285
-
323,000 1,912 1,809
319,000 1,987 2,858
274,704 2,137 2,105
416,201 2,362 3,304
252,105 2,087 2,164
289,269 1,688 1,560
266,330 1,483 1,566
246,405 1,862 1,961
271,378 1,662 2,005
281,542 2,112 1,766
276,781 1,950 2,533

2006
157,435 1,137 1,074
-
317,515 2,262 2,128
235,445 1,837 2,542
-
323,000 1,912 1,883
319,000 1,987 3,032
274,704 2,137 2,096
416,201 2,362 3,384
252,105 2,087 2,336
337,114 2,062 1,580
318,655 1,862 1,701
246,405 1,862 1,963
271,378 1,662 2,100
281,542 2,112 1,758
276,781 1,950 2,549

2007
157,435 1,137 897
-
317,515 2,262 2,145
235,445 1,837 2,601
321,543 1,912 1,142
323,000 1,912 1,882
319,000 1,987 2,938
274,704 2,137 2,026
416,201 2,362 2,652
320,736 2,087 2,531
337,114 2,062 1,483
318,655 1,862 1,780
246,405 1,862 1,879
271,378 1,662 2,036
281,542 2,112 1,705
308,814 2,362 2,559

2008
157,435 1,137 891
-
370,042 2,637 2,087
235,445 1,837 2,590
321,543 1,912 1,669
323,000 1,912 1,835
319,000 1,987 2,842
274,704 2,137 1,934
414,457 2,362 2,316
320,736 2,087 2,577
332,614 2,062 1,589
318,655 1,862 1,864
246,365 1,862 1,878
271,378 1,662 2,069
281,542 2,112 1,670
308,814 2,362 2,583

2009
157,435 1,137 819
328,370 1,912 845
370,042 2,637 2,093
235,445 1,837 2,347
321,543 1,912 1,833
323,000 1,912 1,805
319,000 1,987 2,357
274,704 2,137 1,973
436,728 2,362 2,210
320,736 2,087 2,501
332,614 2,062 1,643
318,655 1,862 1,993
246,365 1,862 1,806
271,378 1,662 2,009
281,542 2,112 1,655
308,814 2,362 2,574

2010
157,435 1,137 737
328,370 1,912 1,341
370,042 2,637 2,144
235,445 1,837 2,169
323,023 1,912 2,011
323,000 1,912 1,753
319,000 1,987 2,147
274,704 2,137 1,932
436,728 2,362 2,166
287,276 1,933 2,460
332,614 2,062 1,722
318,655 1,862 1,988
246,365 1,862 1,792
271,378 1,718 1,969
281,542 2,153 1,693
308,814 2,362 2,561

2011
157,435 1,137 661
328,370 1,912 1,554
370,042 2,637 2,224
235,445 1,837 2,094
323,023 1,912 2,003
323,000 1,912 1,688
319,000 1,987 1,955
274,704 2,137 1,990
436,728 2,362 2,127
287,276 1,933 2,524
332,614 2,062 1,671
318,655 1,862 1,957
246,365 1,862 1,773
271,378 1,718 1,957
281,542 2,153 1,754
308,814 2,362 2,649

2012
157,435 1,137 724
325,200 1,912 1,762
374,180 2,637 2,105
243,215 1,837 1,973
319,000 1,987 2,020
321,068 1,987 1,606
319,000 1,987 2,034
278,986 2,112 1,971
504,107 2,362 2,098
406,817 2,787 2,566
328,000 2,062 1,558
319,768 1,788 1,824
260,606 1,912 1,718
395,332 2,612 1,863
297,400 2,062 1,727
307,655 2,312 2,569

2013
157,435 1,137 761
325,200 1,912 1,717
374,180 2,637 2,188
243,215 1,837 1,918
319,000 1,987 2,065
321,068 1,987 1,526
319,000 1,987 2,121
310,950 2,112 1,944
504,107 2,362 2,174
406,817 2,787 2,533
328,000 2,062 1,701
319,768 1,788 1,990
260,606 1,912 1,725
388,425 2,612 1,898
297,400 2,062 1,741
307,655 2,312 2,574

2014
157,435 1,137 805
325,200 1,912 1,724
374,180 2,637 2,258
337,584 2,587 1,927
319,000 1,987 2,115
321,068 1,987 1,509
319,000 1,987 2,080
310,950 2,112 2,010
504,107 2,362 2,168
406,817 2,787 2,651
328,000 2,062 1,798
319,768 1,788 2,029
260,606 1,912 1,787
388,425 2,612 1,911
297,400 2,062 1,700
307,655 2,312 2,639

131

COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS

School Name

2005

2006

Wheeler (1964)

Square Feet

270,744 270,744

Capacity

1,762

1,762

Enrollment

1,807

1,806

Oakwood (1944)

Square Feet

93,612

93,612

Capacity

462

462

Enrollment

235

219

Performance Learning Center (located at Oakwood)

Enrollment

-

-

Hawthorne (Haven) (1958) (c)

Square Feet

32,500

32,500

Capacity

312

312

Enrollment

165

182

Fitzhugh Lee (Haven) (1935)(c)

Square Feet

35,684

35,684

Capacity

312

312

Enrollment

-

-

Kennesaw Charter (d)

Enrollment

435

436

Mableton Charter (d)

Enrollment

-

-

International Academy of Smyrna (d)

Enrollment

-

-

Devereux Georgia (d)

Enrollment

-

-

2007
318,504 1,837 1,813
93,612 462 288
-
32,500 312 170
35,684 312 -
540
-
-
132

2008
318,504 1,837 1,797
93,612 462 286
-
32,500 312 156
35,684 312 -
495
569
414
108

2009
318,504 1,837 1,877
93,612 520 192
58
32,500 312 158
35,684 312 -
504
595
438
115

2010
318,504 1,837 1,981
93,612 462 156
47
32,500 312 160
35,684 312 -
437
472
580
105

2011
318,504 1,837 2,020
93,612 462 175
76
32,500 312 99
35,684 312 42
515
529
744
96

2012
318,504 1,837 1,955
93,858 462 79
57
32,500 312 88
35,684 312 43
614
526
793
62

2013

2014

318,504 1,837 1,948

361,490 2,162 2,049

93,858 462 70

93,858 462 78

59

70

32,500 312 77

32,500 312 69

35,684 312 39

35,684 312 33

782

871

-

-

943

944

75

87

Concluded.

(a) Original Clarkdale building destroyed by flood fall 2009. Clarkdale Replacement school opened for school year 2012-13. (b) Sky View Elementary converted to Sky View Adminstrative Facility at the end of school year 2011-12. (c) Haven @ Fitzhugh Lee enrollment is included with Hawthorne until school year 2010-11. (d) Operated by a nonprofit, enrollment reported by CCSD; buildings do not belong to CCSD. Mableton Charter closed May 2012. Beginning 2012, data reflects the new Five-Year Local Facilities Plan approved by the Board on May 17, 2012. The 2012 - 2016 Local Facilities Plan has been approved by the Georgia Department of Education and validated by a Facilities Survey Team as required by State BOE rules. Source: District Records

132

COBB COUNTY SCHOOL DISTRICT TEACHERS' SALARY SCHEDULE LAST TEN FISCAL YEARS

$90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000
$0 2005

2006

2007

Teachers' Salary Range

2008

2009

2010

2011

2012

Minimum Maximum Cobb Average

2013

2014

Fiscal Year
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Minimum

$

35,233

35,938

37,160

39,140

39,962

38,958

38,958

38,958

38,958

38,958

Maximum

$

76,206

77,730

80,374

82,435

84,204

82,088

82,088

82,088

82,088

82,088

Cobb Average

$

47,191

49,854

51,239

52,977

54,286

53,320

54,168

53,770

54,323

54,435

Note: Minimum reflects T-4 Certification, Step 1; Maximum is T-7 Doctorate, Step 30+.

Source: District Salary Schedules Georgia Department of Education

State-wide Average

$

43,437

48,247

49,836

51,466

52,823

53,155

52,830

53,002

52,956

52,973

133

COBB COUNTY SCHOOL DISTRICT ADMINISTRATIVE SALARY SCHEDULE JUNE 30, 2014

$200,000 $175,000 $150,000 $125,000 $100,000 $75,000 $50,000 $25,000
$0

Administrative Salary Range

Minimum

Maximum

Administrative Position Title Superintendent Chief Officers/Asst Superintendents Executive Directors Instructional Directors Classified Directors High School Principals Middle School Principals Elementary School Principals
Source: District Records

Minimum $ 186,850
109,835 83,977 98,140 76,455 94,121 83,390 81,616

Maximum $ 186,850
133,320 109,128 111,506
90,245 116,667 111,683 109,911

134

COBB COUNTY SCHOOL DISTRICT SCHEDULE OF INSURANCE IN FORCE JUNE 30, 2014

Type of Coverage

Name of Company and Policy Number

Policy Period

From

To

Liability Limits

Annual Premium

Bus, Truck, Motor Self Insured

Vehicles Liability

Property Theft

Self Insured

Employee's

Travelers

Blanket Bond

#103317698

General Liability

Self Insured

Property Boiler

Travelers

(Includes Insurance) KTJ-CMB-1849M21-A-13

Student Athletic

Sentry Life Ins/The Young

Group

Superintendent's

Old Republic Surety Co.

Bond

APO1178250

Principal's

Old Republic Surety Co.

Bond

APS1177822

Worker's Compensation Self Insured

Excess Worker's

US Specialty Underwriters

Compensation

NDE-0812674-13

Disability, Long-Term The Hartford

Policy #402273

Disability, Short-Term

STD Plan Option 1 The Hartford

Policy #402273

STD Plan Option 2 The Hartford

Policy #402273

STD Plan Option 3 The Hartford

Policy #402273

STD Plan Option 4 The Hartford

Policy #402273

STD Plan Option 5 The Hartford

Policy #402273

STD Plan Option 6 The Hartford

Policy #402273

STD Plan Option 7 The Hartford

Policy #402273

STD Plan Option 8 The Hartford

Policy #402273

Life Insurance and The Hartford #402273

AD&D

Dependent Life Insurance

The Hartford Policy #402273

Optional Life and AD&D

The Hartford #402273

6/1/1994 Ongoing $300,000

N/A

6/1/1994 Ongoing N/A 7/1/13 7/1/14 $7,500,000

N/A $17,676

6/1/1994 Ongoing $500,000 7/1/13 7/1/14 $500,000,000

N/A $566,347

8/1/13 8/1/14 Varies

Student/Parent Funded

7/1/13 7/1/14 $100,000

$350

8/1/13 8/1/14 $10,000

$3,990

N/A

N/A Statutory

10/1/14 12/31/14 N/A

N/A $1,000,000

1/1/14 12/31/14 Benefit Schedule per salary

$1,251,875

1/1/14 1/1/14 1/1/14 1/1/14 1/1/14 1/1/14 1/1/14 1/1/14 1/1/14
1/1/14
1/1/14

12/31/14

8th calendar day. 66.67% of weekly earnings.

Employee pays $12.30 per month.

12/31/14 15th calendar day. 66.67% of weekly earnings.

Employee pays $10.19 per month.

12/31/14 31st calendar day. 66.67% of weekly earnings.

Employee pays $6.68 per month.

12/31/14 61st calendar day. 66.67% of weekly earnings.

Employee pays $6.51 per month.

12/31/14 8th calendar day. 50% of weekly earnings.

Employee pays $8.99 per month.

12/31/14 15th calendar day. 50% of weekly earnings.

Employee pays $7.45 per month.

12/31/14 31st calendar day. 50% of weekly earnings.

Employee pays $4.88 per month.

12/31/14 61st calendar day. 50% of Employee pays $4.75 per month. weekly earnings.

12/31/14 Benefit Schedule per salary Monthly - employee pays $0.123 per

$1,000 for Life and AD&D insurance.

The first $10,000 of coverage for

smokers or first $13,000 for non-

smokers is paid by CCSD.

12/31/14 Benefit Schedule

Monthly - employee pays $1 for

per salary

$10,000 of coverage of child(ren) or

$2.50 for $25,000 of coverage;

employee pays $2.05 for $10,000 of

coverage of spouse or $5.13 for

$25,000.

12/31/14 Benefit Schedule per salary Monthly - employee pays $0.165 per

$1,000 for Supplemental Life and

AD&D up to a maximum of 5 times

his/her annual salary for smokers or 6

times for non-smokers.

Continued ---

135

COBB COUNTY SCHOOL DISTRICT SCHEDULE OF INSURANCE IN FORCE JUNE 30, 2014

Type of Coverage
Dental Insurance Option: High Plan

Name of Company and Policy Number
Delta Dental Policy 11-1554000000

Dental Insurance Option: Low Plan

Delta Dental Policy 11-1554000000

Cancer Insurance
Economy Plan
Standard Plan
Deluxe Plan
Critical Illness Insurance Ages 18-35 Years

Allstate Insurance Policy #V1935 Policy #V1935 Policy #V1935 Allstate Insurance Policy #V1935

Ages 36-50 Years

Policy #V1935

Ages 51-60 Years

Policy #V1935

Ages 61-63 Years

Policy #V1935

Ages 64+ Years

Policy #V1935

Vision Insurance Preferred Plus Plan

Avesis 9155NC

Base Plan

9155NC

Legal Insurance

ARAG Group Policy #17840-001

Policy Period

From

To

Liability Limits

Annual Premium

1/1/14 1/1/14

12/31/14 Plus Plan provides preferred Monthly - employee pays $33.07 for

rates with a maximum

single coverage, $61.83 for employee

coverage of $1,000 per participant per calendar

plus one, or $100.85 for family coverage.

year.

12/31/14 Base Plan has co-pays for Monthly - employee pays $11.57 for

Preventative and Diagnostic single coverage, $21.63 for employee

services with a maximum of plus one, or $37.05 for family

$750 coverage per

coverage.

participant per calendar

year.

1/1/14 1/1/14
1/1/14 1/1/14

12/31/14 Based on Benefit Schedule Monthly - employee pays rates

depending on chosen plan.

Single coverage is $7.06; family

coverage is $11.66.

Single coverage is $10.26; family

coverage is $17.42.

Single coverage is $14.48; family

coverage is $24.84.

12/31/14 Provides $10,000 critical Monthly - employee pays rates

illness coverage to

depending age and smoking status.

employee; $5,000 to insured Non-smoker pays $4.33 for self; $6.62

spouse and dependents. for family. Smoker pays $5.78 for self;

$8.81 for family.

Non-smoker pays $9.78 for self;

$14.79 for family. Smoker pays

$14.75 for self; $22.25 for family.

Non-smoker pays $19.64 for self;

$29.59 for family. Smoker pays

$30.76 for self; $46.27 for family.

Non-smoker pays $33.28 for self;

$50.04 for family. Smoker pays

$49.07 for self; $73.73 for family.

Non-smoker pays $53.31 for self;

$80.09 for family. Smoker pays

$79.42 for self; $119.25 for family.

12/31/14 Based on Benefit Schedule Monthly - employee pays rates:

Single coverage is $1.08 per month;

coverage for employee plus one family

member is $1.90, and family coverage

is $2.70 each month.

Single coverage is $4.72; coverage for

employee plus one family member is

$8.82, and family coverage is $13.10

each month. 12/31/14 Based on Benefit Schedule Monthly - employee pays $12.27 for

single coverage or $15.23 for family

Coverage.

Concluded.

Source: District Records

136

COBB COUNTY SCHOOL DISTRICT SCHOOL LUNCH AND BREAKFAST PROGRAM LAST TEN FISCAL YEARS

amounts in thousands
13,000 12,000 11,000 10,000
9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000
0 2005

2006

2007

Meals Served

2008

2009 Lunch

2010

2011

Breakfast

2012

2013

2014

(amounts expressed in thousands)

Lunch Meals Served: Free Reduced Paid Total Daily Average Student Price

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

3,951 845
5,973 10,769
60
$1.60-$1.85

4,432 852
6,208 11,492
64
$1.60-$1.85

4,654 950
6,380 11,984
67
$1.60-$1.85

4,794 931
6,285 12,010
67
$1.60-$1.85

5,072 967
6,068 12,107
67
$1.60-$1.85

5,431 954
5,761 12,146
69
$1.60-$1.85

5,683 783
5,400 11,866
69
$1.60-$1.85

6,109 857
5,431 12,397
70
$1.65-$1.90

6,259 805
4,489 11,553
65
$2.15-$2.40

5,974 748
4,031 10,753
64
$2.15-$2.40

Breakfast Meals Served: Free Reduced Paid Total Daily Average Student Price

1,482 180 342
2,004 11
$1.00

1,700 194 432
2,326 13
$1.00

1,964 258 536
2,758 15
$1.00

2,118 264 557
2,939 16
$1.00

2,254 261 534
3,049 17
$1.00

2,342 260 486
3,088 17
$1.00

2,455 208 466
3,129 19
$1.00

2,732 237 489
3,458 19
$1.00

2,827 231 407
3,465 20
$1.25

2,586 206 354
3,146 19
$1.25

Total Meals Served: Free Reduced Paid Total Daily Average
Source: District Records

5,433 1,025 6,315 12,773
71

6,132 1,046 6,640 13,818
77

6,618 1,208 6,916 14,742
82

6,912 1,195 6,842 14,949
83

7,326 1,228 6,602 15,156
84

7,773 1,214 6,247 15,234
86

8,138 991
5,866 14,995
88

8,841 1,094 5,920 15,855
89

9,086 1,036 4,896 15,018
85

8,560 954
4,385 13,899
83

137

COBB COUNTY SCHOOL DISTRICT NUMBER OF SCHOOLS LAST TEN FISCAL YEARS

Number of Schools

120

110

100

90

80

70

60

50

High

Middle
40
Elementary

30

20

10

0

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Fiscal Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Elementary 65 68 68 68 68 68 68 68 67 67

Middle 21 22 24 24 25 25 25 25 25 25

High 16 16 17 17 17 17 16 16 16 16

Elementary, Middle and High Schools only. Special schools not listed.

Oakwood High School converted to digital academy in 2012 becoming a Special school.

Sky View Elementary converted to Administrative Facility in 2013.



In 2014, Brown Elementary closed and Smyrna Elementary opened for instruction.

138

Total 102 106 109 109 110 110 109 109 108 108

COBB COUNTY SCHOOL DISTRICT NUMBER OF HIGH SCHOOL GRADUATES AND AVERAGE DAILY ENROLLMENT AND ATTENDANCE LAST TEN FISCAL YEARS

110,000 109,000 108,000 107,000 106,000 105,000 104,000 103,000 102,000 101,000 100,000

Cobb County School District Average Daily Enrollment

Fiscal Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Average Daily
Enrollment 103,061 104,901 107,082 106,734 106,256 106,835 106,868 106,944 108,240 109,752

Average Daily
Attendance 98,567 100,432 102,648 102,497 102,144 102,444 102,732 103,008 103,857 105,548

Attendance Percentage
95.64% 95.74% 95.86% 96.03% 96.13% 95.89% 96.13% 96.32% 95.95% 96.17%

Number of Graduates
6,267 6,413 6,522 6,765 7,126 7,177 7,350 7,192 7,425 7,313

Graduate Percentage
94.06% 94.41% 92.91% 91.85% 98.36% 97.61% 93.91% 99.41% 99.48% 98.37%

Note: Number of Graduates divided by Grade 12 Active Enrollment from page 140, includes Special Ed students. Source: District Records

139

COBB COUNTY SCHOOL DISTRICT ACTIVE ENROLLMENT BY GRADE LEVEL LAST TEN FISCAL YEARS

120,000 100,000
80,000 60,000 40,000 20,000
0
2005

2006

Active Enrollment By Grade Level 2007 2008 2009 2010 2011 2012

2013

Grade 12 Grade 11 Grade 10 Grade 9 Grade 8 Grade 7 Grade 6 Grade 5 Grade 4 Grade 3 Grade 2 Grade 1 Pre-K and K
2014

Fiscal Pre-K Grade Grade Grade Grade Grade Grade Grade Grade Grade Grade Grade Grade

Year and K 1

2

3

4

5

6

7

8

9

10 11 12

2005 9,255 7,750 7,764 7,766 7,972 7,977 8,130 8,071 8,287 9,114 7,610 6,926 6,663

2006 9,611 7,993 8,012 8,013 7,964 8,141 8,031 8,264 8,201 9,141 8,101 7,217 6,793

2007 9,604 8,246 8,061 8,303 7,921 8,229 8,069 8,132 8,280 8,950 8,171 7,586 7,020

2008 9,065 8,260 8,262 8,233 8,052 8,037 8,035 8,143 8,187 8,928 8,083 7,406 7,365

2009 8,874 8,142 8,176 8,298 8,147 8,189 7,812 7,973 8,254 8,810 8,331 7,491 7,245

2010 9,262 8,029 8,286 8,285 8,291 8,230 8,131 7,822 8,007 9,850 7,391 7,551 7,353

2011 9,253 8,292 8,001 8,369 8,166 8,344 8,077 8,165 7,868 9,804 8,121 6,549 7,827

2012 9,159 8,189 8,303 8,184 8,330 8,284 8,155 8,186 8,154 9,437 8,021 6,865 7,235

2013 9,523 8,297 8,296 8,422 8,191 8,495 8,242 8,249 8,229 9,637 7,938 6,931 7,464

2014 9,363 8,669 8,473 8,464 8,503 8,331 8,389 8,381 8,372 9,874 8,394 6,882 7,434

Total 103,285 105,482 106,572 106,056 105,742 106,488 106,836 106,502 107,914 109,529

Source: District Records

140

COBB COUNTY SCHOOL DISTRICT CLASSROOM BUILDINGS, GRADE LEVELS AND ACREAGE JUNE 30, 2014

School Name

Grades

Acworth Intermediate

2-5

Addison

K-5

Argyle

K-5

Austell (formerly Primary)

K-5

Baker

K-5

Bells Ferry

K-5

Belmont Hills

K-5

Big Shanty

3-5

Birney

K-5

Blackwell

K-5

Brown (b)

K-5

Brumby

K-5

Bryant

K-5

Bullard

K-5

Chalker

K-5

Cheatham Hill

K-5

Clarkdale

K-5

Clay

K-5

Compton

K-5

Davis

K-5

Dowell

K-5

Due West

K-5

East Side

K-5

Eastvalley

K-5

Fair Oaks

K-5

Ford

K-5

Frey

K-5

Garrison Mill

K-5

Green Acres

K-5

Harmony Leland

K-5

Hayes

K-5

Hendricks (formerly Austell Intermedi K-5

Hollydale

K-5

Keheley

K-5

Kemp

K-5

Kennesaw

K-2

Kincaid

K-5

King Springs

K-5

LaBelle

K-5

Lewis

K-5

Mableton

K-5

McCall Primary

K-1

Milford

K-5

Mount Bethel

K-5

Mountain View

K-5

Murdock

K-5

Nicholson

K-5

Nickajack

K-5

Norton Park

K-5

Pickett's Mill

K-5

Pitner

K-5

Powder Springs

K-5

Powers Ferry

K-5

Riverside Primary

K-1

Riverside Intermediate

2-5

Rocky Mount

K-5

Russell

K-5

Sanders

K-5

Sedalia Park

K-5

Shallowford Falls

K-5

Smyrna

K-5

Sope Creek

K-5

Active Enrollment
776 587 480 532 756 593 307 771 775 730
1,051
953 894 675 1,112 631 381 559 584 922 594 1,304 692 898 681 742 675 767 699 961 531 693 484 1,031 712 740 832 576 763 950 407 466 1,011 837 859 500 1,130 808 736 909 807 448 710 1,101 602 704 809 815 654 863 1,181

Size of Occupied

Site (acres) Year (a)

15.0

2001

12.5

1989

8.8

1961

12.4

2005

15.0

1988

10.0

1963

10.2

1952

22.3

1968

26.8

1973

16.0

1998

6.2

1955

9.5

1966

44.0

1991

20.0

2003

25.5

1997

19.2

1997

15.0

2012

8.0

1961

28.3

1969

13.0

1987

28.9

1989

10.2

1957

10.0

2011

7.8

1960

10.3

1957

39.0

1991

26.2

1996

14.1

1984

10.1

1996

8.4

1951

24.2

1993

23.0

2001

15.0

1968

20.7

1986

26.2

2002

20.7

1991

24.0

1972

9.9

1956

10.2

1955

10.9

1986

12.1

2012

6.0

2005

8.7

1954

25.0

1978

13.0

1986

15.3

1975

23.1

1990

16.8

1998

9.2

1961

40.9

2008

22.2

2003

15.9

1988

10.0

1951

9.0

2005

18.4

2001

21.8

1977

14.1

1961

21.1

1997

10.2

1956

15.3

1990

11.9

2013

16.0

1978

Number of Classrooms
59 42 36 36 63 45 36 52 59 52 24 56 61 63 62 68 53 29 60 50 62 38 69 36 54 53 62 44 44 33 61 61 53 38 61 61 48 37 44 61 61 36 40 60 55 61 40 60 52 62 61 57 30 36 61 39 61 53 57 61 61 73

Portable Classrooms
7 15 3 3 9 3 11 3 12 3 6 1 -

Square Footage
131,924 81,334 56,904 85,236
106,694 83,098 68,409 84,461
105,886 111,299
49,828 99,181 116,071 136,261 124,148 137,108 129,988 55,412 99,427 86,131 106,003 70,367 149,764 60,029 97,993 91,129 125,717 85,775 90,915 65,127 119,189 123,025 89,012 70,537 123,000 116,400 83,969 59,658 82,912 115,363 148,523 88,158 73,352 110,096 102,725 123,233 75,800 122,342 87,935 139,090 136,261 101,870 59,190 85,236 123,000 71,408 103,369 116,302 99,735 112,620 143,107 133,344

Capacity 913 662 537 562 987 712 562 837 912 837 412 912 962 987 963
1,063 862 437 937 788 963 587
1,087 562 863 862 963 688 688 512 962 962 862 588 962 962 762 587 688 962 962 562 612 937 887 962 637 937 837 963 962 888 462 562 962 612 962 862 888 962 962
1,162

141

COBB COUNTY SCHOOL DISTRICT CLASSROOM BUILDINGS, GRADE LEVELS AND ACREAGE JUNE 30, 2014

School Name Still Teasley Timber Ridge Tritt Varner Vaughan Awtrey Barber Campbell Cooper Daniell Dickerson Dodgen Durham East Cobb Floyd Garrett Griffin Hightower Trail Lindley 6th Grade Academy Lindley Lost Mountain Lovinggood Mabry McCleskey McClure Palmer Pine Mountain Simpson Smitha Tapp Allatoona Campbell Harrison Hillgrove Kell Kennesaw Mountain Lassiter McEachern North Cobb Osborne Pebblebrook Pope South Cobb Sprayberry Walton Wheeler Oakwood Performance Learning Ctr (c) Hawthorne (Haven) Fitzhugh Lee (Haven) Kennesaw Charter (d) Smyrna Charter (d) Devereux Georgia (d)
TOTALS

Grades K-5 K-5 K-5 K-5 K-5 K-5 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6 7-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 6-8 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 9-12 6-12 K-5 K-6 K-8 1-12

Active Enrollment
814 720 610 918 703 659 850 979 1,286 936 978 1,237 1,157 1,025 1,310 969 779 1,201 1,014 589 1,089 943 1,406 893 715 1,090 990 710 895 1,001 805 1,724 2,258 1,927 2,115 1,509 2,080 2,010 2,168 2,651 1,798 2,029 1,787 1,911 1,700 2,639 2,049
78 70 68 34 871 944 87 109,529

Size of Occupied

Site (acres) Year (a)

10.9

1978

13.2

1961

11.5

1990

23.7

1979

20.0

1990

28.0

1996

26.2

1965

25.8

2005

33.2

1951

75.1

2001

20.0

1966

21.9

1981

20.6

1975

43.0

1998

20.0

1963

20.0

1964

36.6

1972

24.4

1972

26.4

1993

28.7

1962

33.3

2001

83.8

1992

29.4

2006

22.0

1978

34.8

1983

38.0

2006

43.1

2001

39.7

1979

16.5

1988

21.8

1993

16.9

1975

114.7

2008

47.9

1963

73.0

1991

95.0

2006

63.1

2002

75.0

2000

49.3

1981

74.9

1930

46.8

1957

50.7

1961

52.5

1963

47.0

1987

54.4

1951

41.3

1973

43.3

1975

48.4

1964

10.0

1944

Number of Classrooms
62 32 39 60 61 60 64 71 87 71 72 73 74 71 83 68 60 70 62 45 71 70 71 71 58 72 71 57 59 70 70 99 135 133 102 102 102 108 127 143 106 93 98 134 106 119 112 43

6.2

1958

18

7.0

1935

17

2,952.4

7,125

Portable Classrooms
2 3 2 5 5 -
1 1
95

Square Footage
116,074 55,944 73,450
109,769 109,827 122,260 156,660 178,465 220,228 170,905 177,356 166,048 183,798 173,487 186,961 166,551 152,212 186,947 149,038 111,260 179,170 165,107 175,345 160,581 149,577 191,209 175,974 169,809 143,888 169,345 157,435 325,200 374,180 337,584 319,000 321,068 319,000 310,950 504,107 406,817 328,000 319,768 260,606 388,425 297,400 307,655 361,490
93,858
32,500 35,684

Capacity 963 487 612 937 962 937
1,037 1,162 1,338 1,162 1,163 1,187 1,212 1,162 1,362 1,112
963 1,162 1,012
788 1,162 1,137 1,162 1,162
937 1,163 1,162
912 962 1,137 1,137 1,912 2,637 2,587 1,987 1,987 1,987 2,112 2,362 2,787 2,062 1,788 1,912 2,612 2,062 2,312 2,162 462
312 312

16,679,352

119,565

(a) Occupied year represents the year during which the school was initially opened and utilized for instructional purposes, but does not reflect the most recent year of subsequent additions, improvements, or renovations, if any.
(b) With the opening of Smyrna Elementary for school year 2013-14, Brown Elementary closed at the end of 2012-13. During fiscal year ended 2014, Brown facilities were used to house Teasley primary grades during construction of new classrooms at Teasley Elementary.
(c) Performance Learning Center is housed at Oakwood. (d) Operated by unaffiliated non-profit entities. Enrollment report by Cobb County School District; buildings do not belong to the district.
Source: District Records

142

Locations