(This page was left blank intentionally)
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
(This page was left blank intentionally)
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
(This page was left blank intentionally)
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.
ii
___________________________________________________________________________
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
(This page was left blank intentionally)
(This page was left blank intentionally)
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.
7
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.
9
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
(This page was left blank intentionally)
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
(This page was left blank intentionally)
(This page was left blank intentionally)
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