Comprehensive Annual Financial Report 
Fiscal Year Ended June 30, 2016 
PREPARED BY: COBB COUNTY BOARD OF EDUCATION 
FINANCIAL SERVICES DIVISION BRADLEY REUBEN JOHNSON, CHIEF FINANCIAL OFFICER 
514 Glover Street  Marietta, Georgia 30060 
 
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 COBB COUNTY SCHOOL DISTRICT COMPREHENSIVE ANNUAL FINANCIAL REPORT 
TABLE OF CONTENTS FOR THE YEAR ENDED JUNE 30, 2016 
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-iv v vi vii viii ix x 
1-3 4-15 
16 17 
18 19 
 
 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 
Required Supplementary Information 
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 
 
PAGE 20 
21 
22 23 24 25 26 27-64 65-72 
73-75 76-80 81-85 
86-103 104 
 
 Combining Statement of Fund Net Position - Internal Service Funds Combining Statement of Revenues, Expenses, and Changes in Fund 
Net Position - Internal Service Funds 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 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, 2015 and Nine Years Ago 
 
PAGE 105 
106 107 108 
109 
110 
111-112 113-114 
115 116-117 118-119 120-121 
122-123 124 
125 126 127 
 
 Legal Debt Margin Information  Last Ten Fiscal Years 
Legal Debt Margin Information  Fiscal Year 2016 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 Calendar 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 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 128 
129 130 
131 132 
133 134 135 
136 137 
138 139 140 141 
142 143 144-151 152 153 
 
 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 154-155 
156 157 
158 159 160-161 
 
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 One Team, One Goal: Student Success 
 
514 Glover Street Marietta, GA 30060 Telephone: (770) 426-3300 www.cobbk12.org 
 
December 2, 2016 
 
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, 2016. 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. 
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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. 
The District is the second largest school system in Georgia and the 24th largest in the United States with an active daily enrollment of 111,848. The District is governed by a Board of Education consisting of seven members elected from seven county posts. Members serve four-year terms and each year appoint 
 
BOARD OF EDUCATION SUPERINTENDENT 
 
Susan Thayer, Chair  David Chastain, Vice Chair David Banks  David Morgan  Randy Scamihorn  Scott Sweeney  Brad Wheeler 
Chris Ragsdale 
 
 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 Superintendent of the Cobb County School District. Prior to his appointment in February of 2015, he served as Interim Superintendent from May, 2014, through January, 2015. Mr. Ragsdale also previously served as the Deputy Superintendent for Operations and as the Chief Technology Officer. 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 and a Master's Degree in Educational Leadership, both from Kennesaw State University. He is also the recipient of Kennesaw State University's Distinguished Alumni Award. The award recognizes his extraordinary professional achievements; engagement in civic and community activities; support of the KSU community; and the ways in which he exemplifies the ideals and mission of Kennesaw State University. 
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 2016 fiscal year: 
 The District average SAT score of 1520 is 61 points higher than the state average and 36 points higher than the national average. 
 In 2016 four Cobb schools were designated Reward Schools. Only 10% of Georgia's Title I schools receive this distinction for making the most progress in improving the performance of the "all students" group over three years on the statewide assessments. The four schools are Dowell Elementary, Cooper Middle, Griffin Middle, and Tapp Middle. 
 The four-year graduation rate for Cobb high schools improved to 83.8% in 2016, marking the fifth consecutive year the overall graduation rate has increased. Cobb exceeds the state graduation rate of 79.2% by 4.6%. 
 The U. S. Department of Education named Mt. Bethel Elementary a 2016 National Blue Ribbon School, one of only 279 public schools nationwide to receive this honor. 
More details may be obtained through the District's Communications Department. 
The District has reviewed its operating entity definition in order to ensure conformance with the Governmental Accounting Standards Board Statement No. 61, "The Financial Reporting Entity: Omnibus an Amendment of GASB Statements No. 14 and No. 34." This report includes all funds and account groups of the District. The District is not included in any other reporting entity, and no other entities are included within this report. 
The District maintains budgetary controls to ensure compliance with legal provisions embodied in the annual appropriated budget approved by the Cobb County Board of Education. Activities of the General Fund and Special Revenue Funds are included in the annual appropriated budget. Capital Projects Funds are budgeted on a multi-year, project-length basis. The level of budgetary control (that is, the level at which expenditures cannot legally exceed the appropriated amount) is established by function within an individual fund. 
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ECONOMIC CONDITION AND OUTLOOK ____________________________________________________________________________________ 
The District is located in the northwest quadrant of the Atlanta metropolitan area. Metropolitan Atlanta is a national center for finance, transportation, distribution and communications. In 2015 (most recent figures available), Cobb County had one of the metropolitan area's highest median household incomes at $70,246, an unemployment rate of 5.0%, and a growing population which increased from 661,913 in 2006 to 741,334 in 2015. Student enrollment for the 2016 fiscal year was 111,848. 
We are pleased by the positive increase in property values in fiscal year 2016 and expect this trend to continue into fiscal year 2017. In fiscal year 2016 the District's gross property digest increased by 3.6% over the 2015 fiscal year's digest as compared to an increase of 3.5% the previous year and a total decrease of 3.4% over the last five years. 
In regards to state funding, the District experienced a $28.5 million reduction in QBE formula earnings in 2016 due to austerity cuts. This was $17.3 million less than last year's $45.8 million austerity cut, a reduction of 37.8% 
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LONG-TERM FINANCIAL PLANNING ____________________________________________________________________________________ 
The District anticipates meeting its projected capital improvement needs through December 2018 by means of county sales tax revenues. In March 2013, the citizens of Cobb County voted to renew a onepercent 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 ages can be found on pages 144 - 151, in the statistical section. ____________________________________________________________________________________ 
OTHER INFORMATION ____________________________________________________________________________________ 
New Educational Model: The Cobb County School District currently 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 a Strategic Waiver School System (SWSS). The Cobb County School Board has received approval from the Georgia Department of Education to become a Strategic Waiver School System, 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. 
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 Uniform Guidance and Governmental Auditing Standards. 
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  - 
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, 2015 
Executive Director/CEO 
v 
<<v 
 
 The Certificate of Excellence in Financial Reporting Award is presented to 
Cobb County School District 
for its Comprehensive Annual Financial Report (CAFR) for the Fiscal Year Ended June 30, 2015. 
The CAFR has been reviewed and met or exceeded ASBO International's Certificate of Excellence standards. 
 
Brenda R. Burkett, CPA, CSBA, SFO President 
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John D. Musso, CAE, RSBA Executive Director 
 
 COBB COUNTY SCHOOL DISTRICT FUNCTION AND COMPOSITION JUNE 30, 2016 
 
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, 2016, 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 Mrs. Susan Thayer Mr. David Chastain Mr. Brad Wheeler Mr. Scott Sweeney Mr. David Morgan Mr. David Banks Mr. Randy Scamihorn 
 
Term Expires December 31, 2018 December 31, 2018 December 31, 2016 December 31, 2018 December 31, 2016 December 31, 2016 December 31, 2016 
 
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 COBB COUNTY SCHOOL DISTRICT ELECTED OFFICIALS AND SUPERINTENDENT OF SCHOOLS 
JUNE 30, 2016 
 
RANDY SCAMIHORN 
POST 1 
4 Years Served 
 
SUSAN THAYER DAVID MORGAN 
 
POST 2 2 Years Served 
 
POST 3 8 Years Served 
 
DAVID CHASTAIN 
POST 4 
2 Years Served 
 
DAVID BANKS 
POST 5 8 Years Served 
 
SCOTT SWEENEY BRAD WHEELER CHRIS RAGSDALE 
 
POST 6 6 Years Served 
 
POST 7 4 Years Served 
 
SUPERINTENDENT 
 
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 COBB COUNTY SCHOOL DISTRICT SUPERINTENDENT'S EXECUTIVE CABINET 
JUNE 30, 2016 
 
Chris Ragsdale John Adams Dr. Grant Rivera Brad Johnson Dr. Mary Elizabeth Davis Alice Stouder Dr. Angela Bacon Dr. Gregory Ewing 
 
Superintendent Deputy Superintendent Chief of Staff Chief Financial Officer Chief Academic Officer Chief Leadership Officer Chief Technology Officer Chief Accountability and Research Officer 
 
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 COBB COUNTY SCHOOL DISTRICT ORGANIZATIONAL CHART JUNE 30, 2016 
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  INDEPENDENT AUDITOR'S REPORT 
To the Superintendent and Members of the Cobb County Board of Education Marietta, Georgia 
Report on the Financial Statements 
We have audited the accompanying financial statements of the governmental activities, each major fund, and the aggregate remaining fund information of the Cobb County Board of Education as of and for the year ended June 30, 2016, 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. 
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. 
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 of Certified Public Accountants  RSM International 
 
 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, 2016, 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, Schedule of Proportionate Share of Net Pension Liability  Teacher Retirement System of Georgia, Schedule of Contributions  Teacher Retirement System of Georgia, Schedule of Proportionate Share of Net Pension Liability  Employee Retirement System of Georgia, Schedule of Contributions  Employee Retirement System of Georgia, and Schedule of Proportionate Share of Net Pension Liability  Public School Employee Retirement System of Georgia, on pages 4 through 15 and pages 65 through 72 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. 
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 fund financial statements and schedules, 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. 
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 The combining and individual fund financial statements and schedules, 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 fund financial statements and schedules, 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. 
Other Reporting Required by Governmental Auditing Standards 
In accordance with Government Auditing Standards, we have also issued our report dated December 2, 2016 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 2, 2016 
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 MANAGEMENT'S DISCUSSION 
AND ANALYSIS 
 
 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 
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, 2016. 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 2016 are as follows: 
 Total net position increased from $731.1 million in 2015 to $807.0 million in 2016, an increase of $75.9 million, primarily from an increase in capital assets. 
 Total revenue increased from $1,164.6 million in 2015 to $1,237.4 million in 2016, an increase of $72.8 million. The revenue increase was primarily from greater state funding, as well as higher property and sales taxes. 
 Total expenses increased from $1,088.7 million in 2015 to $1,161.5 million in 2016, an increase of $72.8 million. The increased expense was largely due to higher instructional salaries and services. 
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, deferred outflows of resources, liabilities, and deferred inflows of resources with the difference between them 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. 
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 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 
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 on 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. 
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 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 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 2015 and 2016. In 2016, the District's net position increased 10.4%, or $75.9 million, over the prior year. Governmental accounting standards require the District to report its proportional liability of state administered pension plans in which the District participates for the benefit of its employees. Total current and other assets reflected a net increase of 1.8%, or $6.9 million, primarily due to an increase in the Receivable for Federal and State Aid. Capital Assets increased by 3.2%, or $42.3 million, which was largely attributable to capital improvements to local school buildings financed by SPLOST sales taxes. 
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 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 
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 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 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 2015 and 2016. Revenues In 2016, the District's total revenues increased 6.3%, or $72.8 million, over the prior year due primarily to an increase in state and federal funding and greater property tax revenue. 
 Operating grants and contributions increased by 6.2%, or $33.9 million, primarily due to an increase in state instructional program revenue. 
 General property taxes increased 4.5%, or $24.5 million, mainly due to a 3.6% increase in the real property tax digest. 
 Charges for services increased by 0.6% or $0.4 million, due to increases in after school program revenue, school meal sales revenues, and facility use revenues. 
 Other revenue increased by 33.3%, or $1.0 million, largely as a result of donations exceeding $650,000 for local school capital improvements and a $475,000 equipment grant from Cobb County. 
Expenses In 2016, the District's total expenses increased 6.7%, or $72.8 million, over the prior year due primarily to an increase in instructional and school administrative salaries. 
 Instruction increased by 7.1%, or $50.0 million, largely due to a 5% increase in teacher salary schedules and an 8.5% increase in employer teacher retirement contributions. 
 School and administrative services increased 7.5%, or $13.1 million, in large part due to the salary increase, as well as a 25% increase in employer health insurance contributions for classified employees. 
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 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 
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 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 
Governmental Activities The Net Cost of Governmental Activities Table (Table III) presents the total and net cost of six major District activities for fiscal year ended June 30, 2016: 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 2016 was $1,161.5 million. Users of the District's programs financed $62.5 million of the costs. Federal and State grants, subsidized programs and contributions financed $598.4 million of the cost. District taxpayers financed the remaining costs of 2016 which totaled $500.6 million. 
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 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 
The School District's Funds 
The District ended fiscal year 2016 with a healthy fund balance in its governmental funds. The combined balance of all governmental funds, at $259.3 million, was 0.7% lower than 2015's ending balance of $261.0 million. The General Fund's fund balance decreased by $28.1 million, or 21.2%, due to the use of fund balance to partially fund the 5.0% increase in salaries (comprised of the restoration of an earlier 1.0% salary reduction and a 4.0% salary increase). SPLOST IV increased its fund balance by $33.5 million, an increase of 48.5%. The nonmajor governmental fund balances decreased in the aggregate by $7.1 million, or 11.9%. Much of this decrease was in SPLOST III, as it no longer had sales tax revenue and neared the completion of its construction projects. 
General Fund Budgetary Highlights 
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), as are all state-funded school districts. 
Revenue for local property taxes and state student funding were both higher in 2016, by $20.3 million and $30.3 million, respectively. This reflected a rebound in property tax values and increased tax collections at the state level. These increased revenues, combined with a contribution from the General Fund Balance, enabled the District to increase salaries for the first time in six years. We budgeted a decrease in General Fund Balance of $33.1 million, but due to higher than expected revenues, General Fund Balance only decreased by $28.1 million. Actual revenue exceeded budget by $12.0 million, and actual expenditures exceeded budget by $6.5. This netted a favorable budget variance of $5.5 million. 
General Fund Balance 
The unassigned General Fund balance at June 30, 2016 was $74.8 million. This represents approximately 28 days of general fund expenditures. The Board of Education made a concerted effort to maintain adequate reserves for the District. 
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 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 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 and IV focus on revitalizing schools. For SPLOST III, collections of the tax began on January 1, 2009 and ended on December 31, 2013. The SPLOST III fund, which is included with nonmajor governmental funds, had expenditures of $8.6 million and an ending fund balance of $15.5 million in 2016. SPLOST IV began January 1, 2015 and will end on December 31, 2019. The SPLOST IV fund had expenditures of $114.1 million and an ending fund balance of $102.4 million. A full listing of SPLOST III and SPLOST IV projects can be located on pages 111-114. Nonmajor Governmental Funds The Nonmajor Governmental Funds, including the SPLOST III Fund mentioned above, had aggregate expenditures of $163.9 million and aggregate fund balances of $52.5 million in 2016. Within the Nonmajor Governmental Funds, the Funds with the highest expenditures in 2016 were School Nutrition at $53.8 million, Local School Funds at $31.1 million, Title I (of the Elementary and Secondary Education Act) at $23.2 million, and Special Education at $20.6 million. Nonmajor Governmental Funds ending the year with the highest fund balances were School Nutrition at $19.2 million, Local School Funds at $8.5 million, and After School Program at $4.6 million. The fund balance of Nonmajor Governmental Funds, in aggregate, decreased from $59.6 million in 2015 to $52.5 million in 2016, a decrease of $7.1 million. Descriptions of these funds can be located on pages 73-75. 
12 
 
 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 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 2015 and 2016. Capital assets increased 3.2% from $1,329.3 million in 2015 to $1,371.6 million in 2016, an increase of $42.3 million. Construction in Progress increased by $12.2 million, or 20.8%, due to the start of many new projects in SPLOST IV. Library and Textbooks increased by $1.8 million, or 11.3%. Equipment increased by $11.6 million, or 16.6%, primarily from a continued refresh of technology equipment at the local schools. Land increased by $1.8 million, or 1.4%, as land was acquired for future school expansion. More detailed information about capital assets can be found in Note 5 of the Notes to the Basic Financial Statements. 
Long-Term Obligations As of June 30, 2016, the District had $9.6 million in outstanding long-term obligations for compensated absences and a net pension liability of $823.5 million. More detailed information about long-term obligations can be found in Notes 9, 12 and 13 of the Notes to the Basic Financial Statements. 
13 
 
 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 
14 
 
 COBB COUNTY SCHOOL DISTRICT Management's Discussion and Analysis 
JUNE 30, 2016 Factors Bearing on the District's Future We are fortunate that the Cobb County School District has no issued debt, allowing us to devote all of our financial resources to providing a quality education for our students. We are also grateful for our citizens' approval of the SPLOST IV capital financing initiative which enables the financing of new schools and needed building improvements to existing schools. Our District is committed to working as one team for the goal of student success, and we greatly appreciate the support of our schools by the public and by local community organizations. 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. 
15 
 
 (This page was left blank intentionally) 
 
 COBB COUNTY SCHOOL DISTRICT STATEMENT OF NET POSITION JUNE 30, 2016 
(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 Intangibles Buildings and Improvements Equipment Library Books and Textbooks Less: Accumulated Depreciation 
Total Assets 
DEFERRED OUTFLOWS OF RESOURCES: 
Related to Defined Benefit Pension Plans Total Deferred Outflows of Resources 
LIABILITIES: Accounts Payable and Other Current Liabilities Intergovermental Payables Accrued Salaries and Benefits Unearned Revenue Noncurrent Liabilities: 
Due Within One Year Due In More Than One Year Net Pension Liability 
Total Liabilities 
DEFERRED INFLOWS OF RESOURCES: 
Related to Defined Benefit Pension Plans Total Deferred Inflows of Resources 
NET POSITION: Investment in Capital Assets Restricted for: 
Capital Projects School Nutrition Services Miscellaneous Grants Unrestricted (Deficit) 
Total Net Position 
See accompanying notes to the basic financial statements. 
 
Governmental Activities 
 
$ 
 
267,180 
 
19,739 91,783 1,095 
452 2,494 
 
132,247 70,785 4,491 1,818,881 183,457 91,932 (930,194) $ 1,754,342 
 
98,545 98,545 
37,841 293 
73,508 751 
6,330 10,247 823,504 952,474 
 
93,440 93,440 
 
1,371,599 
 
117,940 
 
19,200 
 
64 (701,830) 
 
$ 
 
806,973 
 
16 
 
 COBB COUNTY SCHOOL DISTRICT STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2016 
 
(amounts expressed in thousands) 
 
GOVERNMENTAL ACTIVITIES Instruction Pupil Services Instructional Services School and Administrative Services Student Transportation Maintenance and Operations 
Student Activities 
Total Governmental Activities 
 
Expenses 
$ 754,427 31,201 45,668 186,859 52,503 59,762 31,116 
$ 1,161,536 
 
Program Revenues 
 
Operating 
 
Capital 
 
Charges Grants and Grants and 
 
for Services Contributions Contributions 
 
Net (Expense) Revenue 
and Changes in Net Position 
 
$ 1,192 $ 512,949 $ 16,765 $ (223,521) 
 
11 
 
24,699 
 
373 $ 
 
(6,118) 
 
- 
 
1,965 
 
745 $ 
 
(42,958) 
 
29,008 
 
35,343 
 
1,019 $ (121,489) 
 
- 
 
4,533 
 
- $ 
 
(47,970) 
 
1,127 
 
- 
 
- $ 
 
(58,635) 
 
31,169 
 
- 
 
- $ 
 
53 
 
$ 62,507 $ 579,489 $ 18,902 $ (500,638) 
 
General Revenues: Taxes: Property Taxes Levied for General Purposes Sales Tax Interest Income 
Other 
 
443,533 128,980 
1,242 2,762 
 
Total General Revenues 
 
576,517 
 
Change in Net Position Net Position - Beginning of Year 
 
75,879 731,094 
 
Net Position - End of Year 
 
$ 806,973 
 
See accompanying notes to the basic financial statements. 17 
 
 COBB COUNTY SCHOOL DISTRICT BALANCE SHEET GOVERNMENTAL FUNDS JUNE 30, 2016 
 
(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 
 
Special Purpose Nonmajor 
 
Total 
 
Local Option Governmental Governmental 
 
Sales Tax IV 
 
Funds 
 
Funds 
 
$ 96,939 $ 108,481 $ 53,682 $ 259,102 
 
8,417 
 
11,322 
 
- 
 
19,739 
 
71,172 
 
10,552 
 
10,059 
 
91,783 
 
1,081 
 
- 
 
14 
 
1,095 
 
5,705 
 
- 
 
914 
 
6,619 
 
347 
 
- 
 
85 
 
432 
 
657 
 
- 
 
1,837 
 
2,494 
 
$ 184,318 $ 130,355 $ 66,591 $ 381,264 
 
LIABILITIES,DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCES: 
 
Liabilities: 
 
Accounts Payable 
 
$ 8,225 $ 
 
Intergovernmental Payables 
 
293 
 
Accrued Payroll and Payroll Withholdings 
 
49,356 
 
Accrued Employee Benefits 
 
17,928 
 
Due to Other Funds 
 
914 
 
Unearned Revenue 
 
- 
 
Total Liabilities 
 
76,716 
 
27,948 $ 1,399 $ 37,572 
 
- 
 
- 
 
293 
 
- 
 
4,643 
 
53,999 
 
- 
 
1,560 
 
19,488 
 
- 
 
5,705 
 
6,619 
 
- 
 
751 
 
751 
 
27,948 
 
14,058 
 
118,722 
 
Deferred Inflows of Resources: Unavailable Revenue - Property Taxes Unavailable Revenue - Intergovernmental Total Deferred Inflows of Resources 
 
2,934 282 
3,216 
 
- 
 
- 
 
2,934 
 
- 
 
- 
 
282 
 
- 
 
- 
 
3,216 
 
Fund Balances: Nonspendable Restricted Committed Assigned Unassigned Total Fund Balances 
Total Liabilities, Deferred Inflows of Resources, and Fund Balances 
 
1,004 
 
- 
 
1,922 
 
2,926 
 
- 
 
102,407 
 
32,960 
 
135,367 
 
8,200 
 
- 
 
16,169 
 
24,369 
 
20,342 
 
- 
 
1,487 
 
21,829 
 
74,840 
 
- 
 
(5) 
 
74,835 
 
104,386 
 
102,407 
 
52,533 
 
259,326 
 
$ 184,318 $ 130,355 $ 66,591 $ 381,264 
 
See accompanying notes to the basic financial statements. 
18 
 
 COBB COUNTY SCHOOL DISTRICT RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET TO THE STATEMENT OF NET POSITION JUNE 30, 2016 
(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 current financial resources and therefore are not reported in the funds. Cost of capital assets Accumulated depreciation 
The deferred outflows of resources, deferred inflows of resources, and the net pension liability related to the District's pension plan are not expected to be liquidated with expendable financial resources and therefore are not reported in the funds. 
Net Pension Liability Deferred Outflows of Resources - Pension Related Items Deferred Inflows of Resources - Pension Related Items 
Other long-term assets are not available to pay for current period's expenditures and therefore are unavailable in the funds. Property Taxes Intergovernmental 
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 
 
$ 
 
259,326 
 
2,301,793 (930,194) 
 
1,371,599 
 
(823,504) 98,545 (93,440) 
 
(818,399) 
 
2,934 282 
 
3,216 
 
825 
 
(9,594) 
 
$ 
 
806,973 
 
See accompanying notes to the basic financial statements. 
19 
 
 COBB COUNTY SCHOOL DISTRICT STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2016 
 
(amounts expressed in thousands) 
 
REVENUES: Taxes Intergovernmental Tuition and Fees Interest Income Rentals Athletic Ticket Sales Other 
Total Revenues 
 
General 
 
Special Purpose Local Option Sales Tax IV 
 
Nonmajor Governmental 
Funds 
 
Total Governmental 
Funds 
 
$ 443,641 $ 490,747 12 1,189 647 1,092 937,328 
 
128,980 $ 18,301 224 - 
147,505 
 
-$ 90,498 59,010 
103 - 
2,749 1,389 153,749 
 
572,621 599,546 
59,022 1,516 647 2,749 2,481 
1,238,582 
 
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 
 
694,399 25,478 25,161 
103,673 46,119 64,726 465 2,546 
962,567 
 
9,574 104,480 114,054 
 
26,209 3,620 
19,182 72,104 
1,824 1,464 
31,116 
8,331 163,850 
 
720,608 29,098 44,343 
185,351 47,943 66,190 465 31,116 
115,357 1,240,471 
 
Excess (deficiency) of Revenues Over (Under) Expenditures 
 
(25,239) 
 
33,451 
 
(10,101) 
 
(1,889) 
 
Other Financing Sources (Uses): Transfers-In Transfers-Out Proceeds from Sale of Capital Assets Total Other Financing Sources (Uses) 
 
520 (3,966) 
589 (2,857) 
 
- 
 
3,521 
 
- 
 
(520) 
 
- 
 
32 
 
- 
 
3,033 
 
4,041 (4,486) 
621 176 
 
Net Change in Fund Balances 
 
(28,096) 
 
33,451 
 
(7,068) 
 
(1,713) 
 
Fund Balances, Beginning of Year 
 
132,482 
 
68,956 
 
59,601 
 
261,039 
 
Fund Balances, End of Year 
 
$ 104,386 $ 
 
102,407 $ 
 
52,533 $ 
 
259,326 
 
See accompanying notes to the basic financial statements. 
 
20 
 
 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, 2016 
(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 Depreciation expense 
In the governmental funds, current year expenditures related to pensions are comprised solely of amounts contributed to the plan for the current year. However, in the statement of activities, expenses related to pensions include amounts that do not require the use of current financial resources. This amount represents the difference in the required accounting treatment of pensions and related items. 
Revenues in the statement of activities that do not provide current financial resources are considered as unavailable revenues in the governmental funds. Property taxes Intergovernmental 
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 expenses 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. 
Change in Net Position of Governmental Activities 
 
$ (1,713) 
 
120,797 (76,659) 
 
44,138 
 
35,925 
(108) 282 
174 (1,884) 
61 
(822) $ 75,879 
 
See accompanying notes to the basic financial statements. 
 
21 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Local State Federal Other 
Total Revenues 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
453,117 $ 
 
449,880 $ 
 
446,336 $ 
 
(3,544) 
 
466,505 
 
469,742 
 
481,430 
 
11,688 
 
4,466 
 
4,466 
 
7,277 
 
2,811 
 
789 
 
789 
 
1,354 
 
565 
 
924,877 
 
924,877 
 
936,397 
 
11,520 
 
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 Other Support Services Community Service Operations Capital Outlay 
Transfers 
Total Expenditures 
 
688,953 21,281 10,450 15,860 9,713 62,492 4,908 66,453 46,144 15,595 79 18 2,931 
944,877 
 
688,967 25,514 10,889 15,868 10,661 62,709 6,170 68,374 47,262 17,423 100 79 23 3,966 
958,005 
 
694,953 25,478 10,372 15,340 9,817 68,971 6,467 64,279 46,566 18,098 86 79 21 3,966 
964,493 
 
(5,986) 36 517 528 844 
(6,262) (297) 4,095 696 (675) 14 2 - 
(6,488) 
 
Net Change in Fund Balance Fund Balance, Beginning of Year 
 
(20,000) 132,482 
 
(33,128) 132,482 
 
(28,096) 132,482 
 
5,032 - 
 
Fund Balance, End of Year 
 
$ 
 
112,482 $ 
 
99,354 $ 
 
104,386 $ 
 
5,032 
 
See accompanying notes to the basic financial statements. 
22 
 
 COBB COUNTY SCHOOL DISTRICT STATEMENT OF NET POSITION PROPRIETARY FUNDS JUNE 30, 2016 
(amounts expressed in thousands) 
Assets: Current Assets: 
Cash and Cash Equivalents 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 Liabilities 
Net Position: Unrestricted 
 
Governmental Activities 
Internal Service Funds 
 
$ 
 
8,078 
 
20 
 
8,098 
 
269 2,102 
11 10 2,392 
4,881 
7,273 
 
$ 
 
825 
 
See accompanying notes to the basic financial statements. 23 
 
 COBB COUNTY SCHOOL DISTRICT STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITON PROPRIETARY FUNDS FOR THE YEAR ENDED JUNE 30, 2016 
(amounts expressed in thousands) 
 
OPERATING REVENUES: Charges for Services 
Total Operating Revenues 
 
Governmental Activities 
Internal Service Funds 
 
$ 
 
6,044 
 
6,044 
 
OPERATING EXPENSES: School and Administrative Services 
Total Operating Expenses 
 
6,428 6,428 
 
Operating Loss Transfers-In 
 
(384) 445 
 
Change in Net Position 
 
61 
 
Total Net Position, Beginning of Year 
 
764 
 
Total Net Position, End of Year 
 
$ 
 
825 
 
See accompanying notes to the basic financial statements. 24 
 
 COBB COUNTY SCHOOL DISTRICT STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR THE YEAR ENDED JUNE 30, 2016 
(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 Provided by 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 Loss to Net Cash Provided by Operating Activities: 
Operating Loss Adjustments to Reconcile Operating 
Loss to Net Cash Provided by Operating Activities: 
Decrease in Due From Other Funds Increase in Prepaids Increase in Claims Payable Decrease in Accrued Payroll and Payroll Withholdings Decrease in Accounts Payable 
Total Adjustments 
Net Cash Provided by Operating Activities 
See accompanying notes to the basic financial statements. 
 
Governmental Activities 
 
Internal Service Funds 
 
$ 
 
5,977 
 
(166) 
 
(4,975) 
 
(711) 
 
125 
 
445 445 570 7,508 8,078 
 
$ 
 
(384) 
 
5 (16) 576 (1) (55) 509 
 
$ 
 
125 
 
25 
 
 COBB COUNTY SCHOOL DISTRICT STATEMENT OF FIDUCIARY ASSETS AND LIABILITIES FIDUCIARY FUNDS JUNE 30, 2016 
(amounts expressed in thousands) 
Assets: Cash and Cash Equivalents 
Total Assets Liabilities: Due to Student Groups Payroll Withholdings Payable 
Total Liabilities 
 
Agency Funds 
$ 39,100 $ 39,100 
 
$ 
 
1,447 
 
37,653 
 
$ 39,100 
 
See accompanying notes to the basic financial statements. 26 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
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 14 and 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. 
27 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
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 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 afterschool 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. 
28 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
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. 
29 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
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. 
30 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
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 certificates of deposit. All of the District's investments as of June 30, 2016, were purchased with a maturity date less than one year from the date of purchase. 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 36-83-4 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. 
31 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
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, 2016 were as follows: 
(amounts expressed in thousands) 
 
Special 
 
General Fund 
 
Purpose Local Option Sales 
Tax IV 
 
Nonmajor Governmental 
 
Total 
 
Federal Grants 
 
$ 
 
-$ 
 
-$ 
 
9,321 $ 9,321 
 
State Aid / Grants 
 
71,172 
 
10,552 
 
738 
 
82,462 
 
Federal and State $ 71,172 $ 10,552 $ 
 
10,059 $ 91,783 
 
G. Property Taxes 
 
The Cobb County Board of Commissioners fixed the property tax levy for the 2015 tax digest year (calendar year) in July 2015 (levy date) based on property values as of January 1, 2015. Taxes were due on October 15, 2015 (lien date). Taxes collected within the current fiscal year or within 60 days after year-end on the 2015 tax digest are reported as revenue in the governmental funds for fiscal year 2016. 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, 2016 totaled $443,641,000. 
 
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 2015 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 
 
32 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
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 $402,042,867 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, 2016, are recorded as prepaid, according to the consumption method. 
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 estimated acquisition 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. 
33 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
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. 
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. Other than pensions (described in Note 1.M and Note 13), 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 two source: property taxes and intergovernmental. These amounts are deferred and recognized as inflows of resources in the period that the amounts become available. 
M. Pensions 
For purposes of measuring the net pension liability, deferred outflows of resources and deferred inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the Teachers Retirement System of Georgia (TRS) and additions to/deductions from TRS's fiduciary net position have been determined on the same basis as they are reported by TRS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. 
 
34 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 
For purposes of measuring the net pension liability, deferred outflows of resources and deferred inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the Employees' Retirement System (ERS) and additions to/deductions from ERS's fiduciary net position have been determined on the same basis as they are reported by ERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. 
For purposes of measuring the net pension liability, deferred outflows of resources and deferred inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the Public School Employees Retirement System (PSERS) and additions to/deductions from PSERS's fiduciary net position have been determined on the same basis as they are reported by PSERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. 
N. 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. 
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. 
35 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) O. 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, Accounting 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 by June 30. 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. The Board and the chief financial officer have the authority to assign fund balances. 
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, 2016 
 
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, 2016 
 
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: 
 
General Fund 
 
Special Purpose Nonmajor 
 
Local Option Governmental 
 
Sales Tax IV 
 
Funds 
 
Total 
 
Nonspendable: Inventory Prepaids 
 
$ 657,000 347,000 
 
$ 1,837,000 $ 2,494,000 85,000 $ 432,000 
 
Restricted for: Capital Projects School Nutrition Miscellaneous Grants 
 
$ 102,407,000 
 
15,533,000 17,363,000 
64,000 
 
$ 117,940,000 $ 17,363,000 $ 64,000 
 
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 
 
8,200,000 
 
8,478,000 4,604,000 1,307,000 1,283,000 
259,000 238,000 
 
$ 8,478,000 $ 4,604,000 $ 1,307,000 $ 1,283,000 $ 259,000 $ 238,000 $ 8,200,000 
 
Assigned to: Appropriation for Next Year's Budget Instruction Pupil Services Instructional Services School and Administrative Services Maintenance and Operations Transportation Student Information Systems District Wide GNETS 
 
10,000,000 5,810,000 2,000 986,000 1,192,000 1,934,000 21,000 397,000 
 
1,152,000 335,000 
 
$ 10,000,000 
 
$ 5,810,000 
 
$ 
 
2,000 
 
$ 986,000 
 
$ 1,192,000 
 
$ 1,934,000 
 
$ 21,000 
 
$ 397,000 
 
$ 1,152,000 
 
$ 335,000 
 
Unassigned: 
 
74,840,000 
 
(5,000) $ 74,835,000 
 
Total Fund Balance 
 
$ 104,386,000 $ 102,407,000 $ 52,533,000 $ 259,326,000 
 
38 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
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. The District also does not budget for onbehalf payments. 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. The District makes certain reclassification of revenues and expenditures presented on a budgetary basis to conform to GAAP basis financial statements. Several supplementary appropriations were necessary during the fiscal year ended June 30, 2016. 
 
The District's budgetary statements for the General Fund differ somewhat from generally accepted accounting principles (GAAP) prepared statements. The dollar effect for these differences are detailed in the following reconciliation for the year-end net change in fund balance (budgetary basis) to the year-end net change in fund balance (GAAP basis): 
 
Actual Revenues GAAP Basis Other Financing Sources budgeted as revenues On Behalf Benefit Contribution Budgeted Revenues, Budgetary Basis 
 
$ 937,328,000 $ 1,109,000 
(2,040,000) 936,397,000 
 
Actual Expenditures GAAP Basis Other Financing Uses budgeted as expenditures On Behalf Expenditures Budgetary Expenditures, Budgetary Basis 
Net Change in Fund Balance, Budgetary Basis 
 
962,567,000 3,966,000 (2,040,000) 
$964,493,000 
$ 28,096,000 
 
Net Change in Fund Balance, GAAP Basis 
 
$ 28,096,000 
 
39 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 2. LEGAL COMPLIANCE  BUDGETS 
 
For the year ended June 30, 2016, 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: 
 
Instruction 
 
$ 
 
School Administration 
 
Business Services 
 
Central Operations 
 
Donations 
 
Other Support Services 
 
Facility Use/Public Safety 
 
Communtity Service Operations 
 
After School Program 
 
Instruction 
 
Tuition School/Adult High School 
 
Improvement of Instructional Services 
 
Maintenance and Operation of Plant 
 
Miscellaneous Grants 
 
Improvement of Instructional Services 
 
GNETS 
 
Maintenance and Operation of Plant 
 
Special Education 
 
Instruction 
 
Title IV 
 
Pupil Services 
 
Federal Grant Administraton 
 
Business Services 
 
Student Transportation 
 
Other Support Services 
 
5,986,000 6,262,000 
297,000 675,000 
11,000 
1,000 
307,000 
16,000 5,000 
1,000 
9,000 
545,000 
123,000 47,000 17,000 47,000 12,000 
 
40 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
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. 
41 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
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, 2016, the District had deposits with a carrying amount of $168,571,747 and a bank balance of $178,356,657. 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, 2016, the District's investments included $137,709,959 in a local government 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 42 days. In addition, the District had $272,528 in certificates of deposit in various financial institutions. These investments are reported as cash equivalents. 
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. Georgia Fund One, created by OCGA 36-83-8, is a stable asset value investment pool. 
The Georgia Fund One's primary objectives are safety of capital, investment income, liquidity and diversification while maintaining principal ($1 per share value). The pool is not registered with the SEC as an investment company. 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. The pool also adjusts the value of its investments to fair market value as of year-end and the District's investment in the Georgia Fund One is reported at fair value. As of June 30, 2016, the District considers amounts held in Georgia Fund 1 as cash equivalents for financial statement presentation. 
42 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 3. CASH EQUIVALENTS, DEPOSITS AND INVESTMENTS (Continued) 
Fair Value Measurements 
The Georgia Fund One is an investment pool which does not meet the criteria of GASB Statement No. 79 and is thus valued at fair value in accordance with GASB Statement No. 31. As a result, the District does not disclose investment in Georgia Fund One within the fair value hierarchy. 
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. 
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. 
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. 
43 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
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 
 
Note 5. CAPITAL ASSETS 
 
The following is a summary of changes in the capital assets during the fiscal year: 
 
Governmental Activities 
 
Balance June 30, 2015 
 
Capital Assets, Not Being Depreciated: 
 
Land 
 
$ 
 
130,398,000 
 
Construction In Progress 
 
58,593,000 
 
Total Capital Assets Not Being Depreciated 
 
188,991,000 
 
Capital Assets Being Depreciated: 
 
Buildings and Improvements 
 
1,763,917,000 
 
Intangibles 
 
3,191,000 
 
Equip ment 
 
164,352,000 
 
Library /T ext books 
 
90,903,000 
 
Total Capital Assets Being Depreciated 
 
2,022,363,000 
 
Less Accumulated Depreciation for: 
 
Buildings and Improvements 
 
712,184,000 
 
Intangibles 
 
319,000 
 
Equip ment 
 
94,543,000 
 
Library /T ext books 
 
74,963,000 
 
Total Accumulated Depreciation 
 
882,009,000 
 
Increases 
$ 1,849,000 77,826,000 79,675,000 
69,145,000 1,300,000 28,004,000 8,307,000 
106,756,000 
53,871,000 319,000 
15,982,000 6,487,000 76,659,000 
 
Decreases 
 
Balance June 30, 2016 
 
$ 
 
- $ 132,247,000 
 
(65,634,000) 
 
70,785,000 
 
(65,634,000) 
 
203,032,000 
 
(14,181,000) - 
(8,899,000) (7,278,000) (30,358,000) 
 
1,818,881,000 4,491,000 
183,457,000 91,932,000 
2,098,761,000 
 
(12,766,000) - 
(8,430,000) (7,278,000) (28,474,000) 
 
753,289,000 638,000 
102,095,000 74,172,000 930,194,000 
 
Total Capital Assets Being Depreciated-Net 
 
1,140,354,000 
 
Governmental Capital Assets,Net 
 
$ 1,329,345,000 
 
30,097,000 $ 109,772,000 
 
(1,884,000) 
 
1,168,567,000 
 
$ (67,518,000) $ 1,371,599,000 
 
44 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 5. CAPITAL ASSETS (Continued) 
 
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 
 
$ 
 
60,070 3,180 2,468 5,695 5,204 42 
76,659 
 
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. The $5,705,000 receivable due to the General Fund from various nonmajor governmental funds was primarily for the financing of federal and state grant expenditures whose reimbursement was pending at yearend, as detailed below. The $914,000 receivable due to Local Schools from the General Fund largely represented local school excess cash reserves invested with interest. Interfund receivable and payable balances by fund as of June 30, 2016 are disclosed in the following schedule: 
 
Governmental Funds: General Fund 
 
Re ce ivable $ 5,705,000 
 
Nonmajor Governmental Funds: Adult Education GNETS Title I Special Ed Federal Grant Vocational Education Title II Homeless Grant Title III Title IV Local Schools Total Nonmajor Governmental Funds 
 
914,000 914,000 
 
Payable 
$ 914,000 
221,000 39,000 2,198,000 2,817,000 12,000 242,000 3,000 110,000 63,000 
5,705,000 
 
Total 
 
$ 6,619,000 $ 6,619,000 
 
45 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
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. The transfer from the General Fund to the County Wide Building Fund was for the purchase of land for future use at a school site and for portable classroom expenditures. The remaining transfers out of the General Fund were to provide needed supplemental funding of various school support services. The two transfers in to the General Fund from nonmajor governmental funds represented excess uncommitted revenue above program expenditures that was returned to benefit the various instructional and support services of the District. 
Interfund transfers for the year ended June 30, 2016, consisted of the following: 
 
Transfers Out: 
General Fund: 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: 
County Wide Building Fund Facility Use / Public Safety Fund Tuition School / Adult High School Fund Self-Insurance Fund 
General Fund General Fund 
 
Total for All Funds 
 
Amount 
 
$ 2,594,000 723,000 204,000 445,000 
$ 3,966,000 
 
$ 
 
397,000 
 
123,000 
 
$ 
 
520,000 
 
$ 4,486,000 
 
Note 8. RISK MANAGEMENT 
The District is self-insured for all claims under general liability, vehicle accidents and workers compensation. The District maintains a 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%. 
 
46 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 8. RISK MANAGEMENT (Continued) 
 
Estimated claims for the next fiscal year total $2,102,000 and the non-current liability for succeeding years is $4,881,000. 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 
 
2015 $ 
 
6,356,000 $ 3,112,000 $ (3,061,000) $ 6,407,000 
 
2016 $ 
 
6,407,000 $ 3,549,000 $ (2,973,000) $ 6,983,000 
 
Note 9. LONG-TERM OBLIGATIONS 
 
Fiscal year 2016 long-term obligations are as follows: 
 
Accrued Vacation Pay Net Pension Liabilit y Total 
 
Balance 6/30/2015 
 
Increases 
 
Decreases 
 
Balance 6/30/2016 
 
Current Amounts Due Within One 
Year 
 
Long-term Amounts Due After One Year 
 
$ 8,772,000 $ 4,688,000 $ 
 
3,866,000 $ 
 
9,594,000 $ 
 
4,228,000 $ 5,366,000 
 
$ 673,119,000 $ 232,715,000 $ $ 681,891,000 $ 237,403,000 $ 
 
82,330,000 $ 86,196,000 $ 
 
823,504,000 $ 833,098,000 $ 
 
- $ 823,504,000 4,228,000 $ 828,870,000 
 
Accrued vacation pay and pension obligations are 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, 2016 was $2,039,919. 
 
47 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
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, 2016 included additions and renovations at one elementary school, two middle schools, and two high schools. As of June 30, 2016, the contract price and expenditures to date for the largest projects were as follows: 
 
Project 
 
Contract Price 
 
Expenditures To Date 
 
Maintenance/Renovation Campbell MS $ 4,790,705 
 
Maintenance/Renovation Lost Mtn MS 
 
7,440,541 
 
Maintenance/Renovation McEachern HS 
 
13,814,566 
 
Replacement School Mountain View ES 
 
24,633,010 
 
Replacement School Walton HS 
 
51,633,536 
 
$ 3,392,862 6,276,576 10,319,683 3,563,451 23,990,866 
 
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, 2016, 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 and management, 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 includes 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. 
 
48 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 13. RETIREMENT PLANS 
The District participated in three cost sharing multiple employer plans: the Teacher's Retirement System of Georgia, the Employee Retirement System of Georgia, and the Public School Employee Retirement System of Georgia. The following are aggregate amounts reported by the District related to these plans as of and for the year ended June 30, 2016: 
 
Net Pension Liability Deferred Outflows related to Pensions Deferred Inflows related to Pensions Pension Expense 
 
$ 823,504,000 98,545,000 93,440,000 52,057,000 
 
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 and may be amended by State statute and provide retirement, death, long-term disability, survivor and health insurance premium benefits. TRS issues a publicly available financial report that can be obtained at www.trsga.com/publications. 
 
Benefits Provided 
TRS retirement benefits are determined as 2 % of the average of the employee's two highest paid consecutive years of service, multiplied by the number of years of creditable service up to 40 years. An employee is eligible for normal service retirement after 30 years of creditable service, regardless of age, or after 10 years of service and attainment of age 60. Ten years of service is required for disability and death benefits eligibility. Disability benefits are based on the employee's creditable service and compensation up to the time of disability. Death benefits equal the amount that would be payable to the employee's beneficiary had the employee retired on the date of death. Death benefits are based on the employee's creditable service and compensation up to the date of death. 
 
49 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 13. RETIREMENT PLANS (Continued) 
Contributions 
Per Title 47 of the O.C.G.A., contribution requirements of active employees and participating employers, as actuarially determined, are established and may be amended by the TRS Board. Pursuant to O.C.G.A. 47-3-63, the employer contributions for certain full- time public school support personnel are funded on behalf of the employer by the State of Georgia. Contributions are expected to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. Plan members are currently required to contribute 6.00 percent of their annual covered payroll and the District is currently required to contribute 14.27 percent of the covered payroll. The District's contributions to TRS for the year ended June 30, 2016 was $87,339,616. 
Pension Liabilities, Pension Expense, and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions 
At June 30, 2016, the District reported a liability for its proportionate share of the net pension liability that reflected a reduction for support provided to the District by the State of Georgia for certain public school support personnel. The amount recognized by the District as its proportionate share of the net pension liability, the related State of Georgia support, and the total portion of the net pension liability that was associated with the District were as follows: 
 
District's proportionate share of the net pension liability 
 
$ 823,416,604 
 
State of Georgia's proportionate share of the net pension liability associated with the District 
 
1,497,433 
 
Total 
 
$ 824,914,037 
 
The net pension liability was measured as of June 30, 2015. The total pension liability used to calculate the net pension liability was based on an actuarial valuation as of June 30, 2014. An expected total pension liability as of June 30, 2015 was determined using standard roll- forward techniques. The District's proportion of the net pension liability was based on contributions to TRS during the fiscal year ended June 30, 2015. At June 30 2015, the District's proportion was 5.408672%, which was an increase of 0.081312% from its proportion measured as of June 30, 2014. 
 
50 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 13. RETIREMENT PLANS (Continued) 
 
For the year ended June 30, 2016, the District recognized pension expense of $51,556,677 and revenue of $215,381 for support provided by the State of Georgia for certain support personnel. At June 30, 2016, the District reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: 
 
Differences between expected and actual experience 
 
De fe rre d Outflows of Re s ource s 
 
$ 
 
- 
 
De fe rre d Inflows of Re s ource s 
$ 7,242,374 
 
Net difference between projected and actual earnings on pension plan investments 
 
- 
 
69,456,056 
 
Changes in proportion and differences between District contributions and proportionate share of contributions 
 
11,189,753 
 
16,699,186 
 
District contributions subsequent to the measurement date 
 
87,339,616 
 
- 
 
Total 
 
$ 98,529,369 $ 93,397,616 
 
District contributions subsequent to the measurement date of $87,339,616 are reported as deferred outflows of resources and will be recognized as a reduction of the net pension liability in the year ended June 30, 2017. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows: 
 
Year ended June 30: 2017 2018 2019 2020 2021 
Total 
 
$ (36,224,305) (36,224,305) (36,224,359) 26,277,064 188,042 
$ (82,207,863) 
 
51 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 13. RETIREMENT PLANS (Continued) 
Actuarial assumptions: The total pension liability as of June 30, 2015 was determined by an actuarial valuation as of June 30, 2014 using the following actuarial assumptions, applied to all periods included in the measurement: 
 
Inflation Salary increases Investment rate of return 
 
3.00% 3.75-7.00%, average, including inflation 7.50%, net of pension plan investment expense including inflation 
 
Mortality rates were based on the RP-2000 Combined Mortality Table for Males or Females set back two years for males and set back three years for females. 
 
The actuarial assumptions used in the June 30, 2014 valuation were based on the results of an actuarial experience study for the period July 1, 2004  June 30, 2009. 
 
The long-term expected rate of return on pension plan investments was determined using a log-normal distribution analysis in which best-estimate ranges of expected future real rates of return (expected nominal returns, net of pension plan investment expense and the assumed rate of inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. The target allocation and best estimates of arithmetic real rates of return for each major asset class are summarized in the following table: 
 
Asset class 
Fixed income Domestic large equities Domestic mid equities Domestic small equities International developed market equities International emerging market equities 
Total 
* Rates shown are net of the 3.00% assumed rate of inflation 
 
Target allocation 
30.00% 39.70 3.70 1.60 18.90 6.10 100.00% 
 
Long-term expected real rate of return* 
3.00% 6.50 10.00 13.00 6.50 11.00 
 
52 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 13. RETIREMENT PLANS (Continued) 
Discount rate: The discount rate used to measure the total pension liability was 7.50 %. The projection of cash flows used to determine the discount rate assumed that plan member contributions will be made at the current contribution rate and that employer and State of Georgia contributions will be made at rates equal to the difference between actuarially determined contribution rates and the member rate. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long- term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. 
Sensitivity of the District's proportionate share of the net pension liability to changes in the discount rate: The following presents the District's proportionate share of the net pension liability calculated using the discount rate of 7.50 %, as well as what the District's proportionate share of the net pension liability would be if it were calculated using a discount rate that is one percentage point lower (6.50%) or one percentage point higher (8.50%) than the current rate: 
 
1% Decrease (6.5%) 
District's proportionate share of the net pension liability $ 1,414,979,178 
 
Current discount rate 
(7.5%) 
$ 823,416,604 
 
1 % Increase (8.5%) 
$ 335,828,285 
 
Pension plan fiduciary net position: Detailed information about the pension plan's fiduciary net position is available in the separately issued TRS financial report which is publically available at www.trsga.com/publications. 
Payables to the pension plan 
At June 30, 2016, the District reported a payable of $10,323,400 for the outstanding amount of contributions to the TRS pension plan required for the year ended June 30, 2016. 
 
53 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 13. RETIREMENT PLANS (Continued) 
Employee Retirement System of Georgia (ERS) 
Plan Description 
ERS is a cost-sharing multiple-employer defined benefit pension plan established by the Georgia General Assembly during the 1949 Legislative Session for the purpose of providing retirement allowances for employees of the State of Georgia and its political subdivisions. ERS is directed by a Board of Trustees. Title 47 of the O.C.G.A. assigns the authority to establish and amend the benefit provisions to the State Legislature. ERS issues a publicly available financial report that can be obtained at www.ers.ga.gov/formspubs/formspubs. 
Benefits Provided 
The ERS Plan supports three benefit tiers: Old Plan, New Plan, and Georgia State Employees' Pension and Savings Plan (GSEPS). Employees under the old plan started membership prior to July 1, 1982 and are subject to plan provisions in effect prior to July 1, 1982. Members hired on or after July 1, 1982 but prior to January 1, 2009 are new plan members subject to modified plan provisions. Effective January 1, 2009, new state employees and rehired state employees who did not retain membership rights under the Old or New Plans are members of GSEPS. ERS members hired prior to January 1, 2009 also have the option to irrevocably change their membership to GSEPS. 
Under the old plan, the new plan, and GSEPS, a member may retire and receive normal retirement benefits after completion of 10 years of creditable service and attainment of age 60 or 30 years of creditable service regardless of age. Additionally, there are some provisions allowing for early retirement after 25 years of creditable service for members under age 60. 
Retirement benefits paid to members are based upon the monthly average of the member's highest 24 consecutive calendar months, multiplied by the number of years of creditable service, multiplied by the applicable benefit factor. Annually, postretirement cost-of-living adjustments may also be made to members' benefits, provided the members were hired prior to July 1, 2009. The normal retirement pension is payable monthly for life; however, options are available for distribution of the member's monthly pension, at reduced rates, to a designated beneficiary upon the member's death. Death and disability benefits are also available through ERS. 
54 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 13. RETIREMENT PLANS (Continued) Contributions Member contributions under the old plan are 4% of annual compensation, up to $4,200, plus 6% of annual compensation in excess of $4,200. Under the old plan, the state pays member contributions in excess of 1.25% of annual compensation. Under the old plan, these state contributions are included in the members' accounts for refund purposes and are used in the computation of the members' earnable compensation for the purpose of computing retirement benefits. Member contributions under the new plan and GSEPS are 1.25% of annual compensation. The District's contractually required contribution rate, actuarially determined annually, for the year ended June 30, 2016 was 24.72% of annual covered payroll for old and new plan members and 21.69% for GSEPS members. The District's contributions to ERS totaled $13,069 for the year ended June 30, 2016. Contributions are expected to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. Pension Liabilities, Pension Expense, and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions At June 30, 2016, the District reported a liability for its proportionate share of the net pension liability of $87,551. The net pension liability was measured as of June 30, 2015. The total pension liability used to calculate the net pension liability was based on an actuarial valuation as of June 30, 2014. An expected total pension liability as of June 30, 2015 was determined using standard roll-forward techniques. The District's proportion of the net pension liability was based on contributions to ERS during the fiscal year ended June 30, 2015. At June 30 2015, the Employer's proportion was 0.002161%, which was a increase of 0.000098% from its proportion measured as of June 30, 2014. 
Remainder of Page Intentionally Left Blank 
55 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 13. RETIREMENT PLANS (Continued) 
For the year ended June 30, 2016, the District recognized pension expense of ($52,828). At June 30, 2016, the District reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: 
 
Differences between expected and actual experience 
Net difference between projected and actual earnings on pension plan investments 
Changes in proportion and differences between District contributions and proportionate share of contributions 
District contributions subsequent to the measurement date 
Total 
 
Deferred 
 
Outflows of 
 
Resources 
 
$ 
 
- 
 
- 
 
2,744 
 
13,069 
 
$ 
 
15,813 
 
Deferred 
 
Inflows of 
 
Resources 
 
$ 
 
700 
 
6,317 
 
35,543 
$ 42,560 
 
District contributions subsequent to the measurement date of $13,069 are reported as deferred outflows of resources and will be recognized as a reduction of the net pension liability in the year ended June 30, 2017. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows: 
 
Year ended June 30: 
 
2017 
 
$ 
 
2018 
 
2019 
 
2020 
 
Total 
 
$ 
 
(36,996) (2,134) (2,816) 2,130 
(39,816) 
 
56 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 13. RETIREMENT PLANS (Continued) 
Actuarial assumptions: The total pension liability as of June 30, 2015 was determined by an actuarial valuation as of June 30, 2014 using the following actuarial assumptions, applied to all periods included in the measurement: 
 
Inflation Salary increases Investment rate of return 
 
3.00% 5.45-9.25%, average, including inflation 7.50%, net of pension plan investment expense including inflation 
 
Mortality rates were based on the RP-2000 Combined Mortality Table for the periods after service retirement, for dependent beneficiaries, and for deaths in active service, and the RP-2000 Disabled Mortality Table set back eleven years for males for the period after disability retirement. 
The actuarial assumptions used in the June 30, 2014 valuation were based on the results of an actuarial experience study for the period July 1, 2004  June 30, 2009. 
The long-term expected rate of return on pension plan investments was determined using a log-normal distribution analysis in which best-estimate ranges of expected future real rates of return (expected nominal returns, net of pension plan investment expense and the assumed rate of inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. The target allocation and best estimates of arithmetic real rates of return for each major asset class are summarized in the following table: 
 
Asset class 
 
Target allocation 
 
Fixed income Domestic large equities Domestic mid equities Domestic small equities International developed market equities International emerging market equities 
Total 
 
30.00% 39.70 
3.70 1.60 18.90 6.10 100.00% 
 
* Rates shown are net of the 3.00% assumed rate of inflation 
 
Long-term expected real rate of return* 
3.00% 6.50 10.00 13.00 6.50 11.00 
 
57 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 13. RETIREMENT PLANS (Continued) 
Discount rate: The discount rate used to measure the total pension liability was 7.50%. The projection of cash flows used to determine the discount rate assumed that plan member contributions will be made at the current contribution rate and that employer contributions will be made at rates equal to the difference between actuarially determined contribution rates and the member rate. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. 
 
Sensitivity of the District's proportionate share of the net pension liability to changes in the discount rate: The following presents the District's proportionate share of the net pension liability calculated using the discount rate of 7.50%, as well as what the District's proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower (6.50%) or 1-percentage-point higher (8.50%) than the current rate: 
 
1% Decrease (6.5%) 
 
Current discount 
rate (7.5%) 
 
1 % Increase (8.5%) 
 
District's proportionate share of the net pension liability 
 
$ 124,106 
 
$ 87,551 
 
$ 56,386 
 
Pension plan fiduciary net position: Detailed information about the pension plan's fiduciary net position is available in the separately issued ERS financial report which is publically available at www.ers.ga.gov/formspubs/formspubs. 
Payables to the Pension Plan: At June 30, 2016, the District reported a payable of $1,169 for the outstanding amount of contributions to the ERS pension plan required for the year ended June 30, 2016. 
 
58 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 13. RETIREMENT PLANS (Continued) 
Public School Employee Retirement System of Georgia (PSERS) 
Plan Description 
PSERS is a cost-sharing multiple-employer defined benefit pension plan established by the Georgia General Assembly in 1969 for the purpose of providing retirement allowances for public school employees who are not eligible for membership in the Teachers Retirement System of Georgia. These employees include bus drivers, maintenance, custodial, and lunchroom personnel. The ERS Board of Trustees, plus two additional trustees, administers PSERS. Title 47 of the O.C.G.A. assigns the authority to establish and amend the benefit provisions to the State Legislature. PSERS issues a publicly available financial report that can be obtained at www.ers.ga.gov/formspubs/formspubs. 
Benefits Provided 
A member may retire and elect to receive normal monthly retirement benefits after completion of ten years of creditable service and attainment of age 65. A member may choose to receive reduced benefits after age 60 and upon completion of ten years of service. 
Upon retirement, the member will receive a monthly benefit of $14.75, multiplied by the number of years of creditable service. Death and disability benefits are also available through PSERS. Additionally, PSERS may make periodic cost-of-living adjustments to the monthly benefits. Upon termination of employment, member contributions with accumulated interest are refundable upon request by the member. However, if an otherwise vested member terminates and withdraws his/her member contribution, the member forfeits all rights to retirement benefits. 
Funding Policy 
The general assembly makes an annual appropriation to cover the employer contribution to PSERS on behalf of local school employees (bus drivers, cafeteria workers, and maintenance staff). The annual employer contribution required by statute is actuarially determined and paid directly to PSERS by the State Treasurer in accordance with O.C.G.A. 47-4-29(a) and 60(b). Contributions are expected to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. 
59 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 13. RETIREMENT PLANS (Continued) 
Plan members who became members prior to July 1, 2012 contribute $4 per month for nine months each fiscal year. Individuals who became members on or after July 1, 2012 contribute $10 per month for nine months each fiscal year. The State of Georgia, although not the employer of PSERS members, is required by statute to make employer contributions actuarially determined and approved and certified by the PSERS Board of Trustees. The District does not make an annual contribution to PSERS. 
Employees who are covered by PSERS are eligible to participate in a supplemental defined contribution plan. If the employee contributes 1% of salary to the 403b plan administered by VALIC, s/he will receive a contribution equal to 2% of salary each month to match, for a total contribution of 3% of salary. The District's contributions to the supplemental defined contribution plan for the year ended June 30, 2016 was $604,146 with an average number of participants of 1,370. 
Pension Liabilities and Pension Expense 
At June 30, 2016, the District did not have a liability for a proportionate share of the net pension liability because of the related State of Georgia support. The amount of the State's proportionate share of the net pension liability associated with the District is as follows: 
 
State of Georgia's porportionate share of the Net Pension Liability associated with the District 
 
$8,096,989 
 
The net pension liability was measured as of June 30, 2015. The total pension liability used to calculate the net pension liability was based on an actuarial valuation as of June 30, 2014. An expected total pension liability as of June 30, 2015 was determined using standard rollforward techniques. The State's proportion of the net pension liability associated with the District was based on actuarially determined contributions paid by the State during the fiscal year ended June 30, 2015. 
For the year ended June 30, 2016, the District recognized pension expense of $482,856 and revenue of $482,856 for support provided by the State of Georgia. 
 
60 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
 
Note 13. RETIREMENT PLANS (Continued) 
 
Actuarial assumptions: The total pension liability was determined by an actuarial valuation as of June 30, 2014, using the following actuarial assumptions, applied to all periods included in the measurement: 
 
Inflation Salary increases Investment rate of return 
 
3.00% N/A 7.50%, net of pension plan investment expense, including inflation 
 
Mortality rates were based on the RP-2000 Combined Mortality Table set forward one year for males for the period after service retirement, for dependent beneficiaries, and for deaths in active service, and the RP-2000 Disabled Mortality Table set back two years for males and set forward one year for females for the period after disability retirement. 
The actuarial assumptions used in the June 30, 2014 valuation were based on the results of an actuarial experience study for the period July 1, 2004  June 30, 2009. 
The long-term expected rate of return on pension plan investments was determined using a log-normal distribution analysis in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation. The target asset allocation and best estimates of arithmetic real rates of return for each major asset class are summarized in the following table: 
 
Asset class 
 
Target allocation 
 
Long-term expected real rate of return* 
 
Fixed income Domestic large equities Domestic mid equities Domestic small equities International developed market equities International emerging market equities 
Total 
 
30.00% 39.70 
3.70 1.60 18.90 6.10 100.00% 
 
3.00% 6.50 10.00 13.00 6.50 11.00 
 
* Rates shown are net of the 3.00% assumed rate of inflation 
 
61 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 13. RETIREMENT PLANS (Continued) Discount rate: The discount rate used to measure the total pension liability was 7.50%. The projection of cash flows used to determine the discount rate assumed that plan member contributions will be made at the current contribution rate and that employer and nonemployer contributions will be made at rates equal to the difference between actuarially determined contribution rates and the member rate. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. Note 14. POST-EMPLOYMENT BENEFITS Georgia School Personnel Post-Employment Health Benefit Fund Plan Description The Georgia School Personnel Postemployment Health Benefit Fund (School OPEB Fund) is a cost-sharing multiple-employer defined benefit postemployment healthcare plan that covers eligible former employees of public school systems, libraries, and regional education service agencies. The School OPEB Fund provides health insurance benefits to eligible former employees and their qualified beneficiaries through the State Employees Health Benefit Plan administered by the Department of Community Health. The Official Code of Georgia Annotated (O.C.G.A.) 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). Additional information about the School OPEB Fund is disclosed in the State of Georgia Comprehensive Annual Financial Report. This report can be obtained from the Georgia Department of Audits and Accounts atwww.audits.ga.gov/SGD/CAFR.html. 
62 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 14. POST-EMPLOYMENT BENEFITS (Continued) 
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. For members with fewer than five years of service as of January 1, 2012, contributions also vary based on years of service. On average, members with five years or more of service as of January 1, 2012 pay approximately 25% of the cost of the health insurance coverage. In accordance with the Board resolution dated December 8, 2011, for members with fewer than five years of service as of January 1, 2012, the State provides a premium subsidy in retirement that ranges from 0% for fewer than 10 years of service to 75% (but no greater than the subsidy percentage offered to active employees) for 30 or more years of service. 
The subsidy for eligible dependents ranges from 0% to 55% (but no greater than the subsidy percentage offered to dependents of active employees minus 20%). No subsidy is available to Medicare eligible members not enrolled in a Medicare Advantage Option. The Board of Community Health sets all member premiums by resolution and in accordance with the law and applicable revenue and expense projections. Any subsidy policy adopted by the Board may be changed at any time by Board resolution and does not constitute a contract or promise of any amount of subsidy. 
Participating employers are statutorily required to contribute in accordance with the employer contribution rates established by the Board. The contribution rates are established to fund all benefits due under the health insurance plans for both active and retired employees 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. 
63 
 
 COBB COUNTY SCHOOL DISTRICT 
Notes to the Basic Financial Statements JUNE 30, 2016 
Note 14. POST-EMPLOYMENT BENEFITS (Continued) 
The combined active and retiree contribution rates established by the Board for employers participating in the School OPEB Fund were as follows for the fiscal year ended June 30, 2016: 
 
Certified Employees July 1, 2015  June 30, 2016 
Non-Certified Employees July 1, 2015 - June 30, 2016 
 
$945.00 per member per month $746.20 per member per month 
 
No additional contribution was required by the Board for fiscal year 2016 nor contributed to the School OPEB Fund to prefund retiree benefits. Such additional contribution amounts are determined annually by the Board in accordance with the School 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 2016 2015 2014 
 
Contribution $ 107,009,060 $ 101,172,545 $ 97,431,371 
 
Contribution 
Percentage 100% 100% 100% 
 
64 
 
 COBB COUNTY SCHOOL DISTRICT Required Supplementary Information JUNE 30, 2016 
 
Schedule of Proportionate Share of Net Pension Liability Teacher Retirement System of Georgia For the Year Ended June 30 (amounts expressed in thousands) 
District's proportion of the net pension liability District's proportionate share of the net pension liability State of Georgia's proportionate share of the net pension liability associated with the District Total 
District's covered-employee payroll during measurement period District's proportionate share of the net pension liability as a percentage of its covered-employee payroll Plan fiduciary net position as a percentage of the total pension liability 
 
2016 
 
2015 
 
5.409% 
 
5.327% 
 
$ 823,417 $ 673,042 
 
1,497 
 
1,082 
 
$ 824,914 $ 674,124 
 
570,929 
 
544,177 
 
144.22% 81.44% 
 
123.68% 84.03% 
 
Note: Schedule is intended to show information for the last 10 fiscal years. Additional years will be displayed as they become available. 
 
65 
 
 COBB COUNTY SCHOOL DISTRICT Required Supplementary Information JUNE 30, 2016 
 
Schedule of Contributions Teacher Retirement System of Georgia Last 10 Fiscal Years (amounts expressed in thousands) 
 
Contractually required contribution 
 
2016 
 
2015 
 
2014 
 
2013 
 
2012 
 
2011 
 
2010 
 
2009 
 
2008 
 
2007 
 
$ 87,340 
 
75,145 66,741 63,011 58,156 57,920 58,052 56,849 54,401 53,990 
 
Contributions in relation to the contractually required contribution 
 
87,340 
 
75,145 66,741 63,011 58,156 57,920 58,052 56,849 54,401 53,990 
 
Contribution Deficiency 
 
$ 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
District's covered-employee payroll 
 
$ 612,318 570,929 544,177 551,528 564,936 565,694 594,769 612,597 585,717 583,771 
 
Contributions as a percentage of covered-employee payroll 
 
14.26% 
 
13.16% 
 
12.26% 
 
11.42% 
 
10.29% 
 
10.24% 
 
9.76% 
 
9.28% 
 
9.29% 
 
9.25% 
 
Source: District Records This schedule is presented to illustrate the requirement to show information for 10 years. 
 
66 
 
 COBB COUNTY SCHOOL DISTRICT Required Supplementary Information JUNE 30, 2016 
Notes to Required Supplementary Information For the Year Ended June 30 (amounts expressed in thousands) 
 
Changes of assumptions: In 2010 and later, the expectation of retired life mortality was changed to the RP-2000 Mortality Tables rather than the 1994 Group Annuity Mortality Table, which was used prior to 2010. In 2010, rates of withdrawal, retirement, disability and mortality were adjust to more closely reflect actual experience. In 2010, assumed rates of salary increase were adjusted to more closely reflect actual and anticipated experience. 
 
Method and assumptions used in calculations of actuarially determined contributions: The actuarially determined contribution rates in the schedule of contributions are calculated as of June 30, three years prior to the end of the fiscal year in which contributions are reported. The following actuarial methods and assumptions were used to determine the contractually requred contributions for year ended June 30, 2016 reported in that schedule: 
 
Valuation date Actuarial cost method Amortization method Remaining amortization period Asset valuation method Inflation rate Salary increases Investment rate of return 
 
June 30, 2013 Entry Age Level percentage of payroll, closed 30 years Five-year smoothed market 3.00% 3.75-7.00%, including inflation 7.5%, net of pension plan investment 
expense, including inflation 
 
67 
 
 COBB COUNTY SCHOOL DISTRICT Required Supplementary Information JUNE 30, 2016 
Schedule of Proportionate Share of Net Pension Liability Employee Retirement System of Georgia For the Year Ended June 30 (amounts expressed in thousands) 
 
Agency's proportion of the net pension liability Agency's proportionate share of the net pension liability Agency's covered-employee payroll Agency's proportionate share of the net pension liability as a percentage of its covered-employee payroll Plan fiduciary net position as a percentage of the total pension liability 
 
2016 
 
2015 
 
0.002161% 0.002063% 
 
$ 
 
88 $ 
 
77 
 
$ 
 
49 $ 
 
46 
 
179.59% 76.20% 
 
167.39% 77.99% 
 
Note: Schedule is intended to show information for the last 10 fiscal years. Additional years will be displayed as they become available. 
 
68 
 
 Schedule of Contributions Employee Retirement System For the Year Ended June 30 (amounts expressed in thousands) 
 
COBB COUNTY SCHOOL DISTRICT Required Supplementary Information JUNE 30, 2016 
 
Contractually required contribution 
Contributions in relation to the contractually required contribution 
Contribution Deficiency 
 
2016 
 
2015 
 
2014 
 
2013 
 
2012 
 
2011 
 
2010 
 
2009 
 
2008 
 
2007 
 
$ 13 
 
11 
 
9 
 
18 
 
14 
 
13 
 
13 
 
14 
 
15 
 
18 
 
13 
 
11 
 
$ - 
 
- 
 
9 
 
18 
 
14 
 
13 
 
13 
 
14 
 
15 
 
18 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
District's covered-employee payroll 
 
$ 53 
 
49 
 
46 
 
122 
 
123 
 
123 
 
121 
 
133 
 
142 
 
169 
 
Contributions as a percentage of covered-employee payroll 
 
24.53% 22.45% 19.57% 14.75% 11.38% 10.57% 10.74% 10.53% 10.56% 10.65% 
 
Source: District Records This schedule is presented to illustrate the requirement to show information for 10 years. 
 
69 
 
 COBB COUNTY SCHOOL DISTRICT Required Supplementary Information JUNE 30, 2016 
Notes to Required Supplementary Information For the Year Ended June 30 (amounts expressed in thousands) 
 
Changes of assumptions: There were no changes in assumptions or benefits that affect the measurement of the total pension liability since the prior measurement date. 
 
Method and assumptions used in calculations of actuarially determined contributions: The actuarially determined contribution rates in the schedule of contributions are calculated as of June 30, three years prior to the end of the fiscal year in which contributions are reported. The following actuarial methods and assumptions were used to determine the contractually requred contributions for year ended June 30, 2016 reported in that schedule: 
 
Valuation date Actuarial cost method Amortization method Remaining amortization period Asset valuation method Inflation rate Salary increases Investment rate of return 
 
June 30, 2013 Entry Age Level dollar, closed 25 years Five-year smoothed market 3.00% 5.45%-9.25% 7.5%, net of pension plan investment 
expense, including inflation 
 
70 
 
 COBB COUNTY SCHOOL DISTRICT Required Supplementary Information JUNE 30, 2016 
Schedule of Proportionate Share of Net Pension Liability Public School Employee Retirement System of Georgia For the Year Ended June 30 (amounts expressed in thousands) 
 
District's proportion of the net pension liability District's proportionate share of the net pension liability State of Georgia's proportionate share of the net pension liability associated with the District Total 
District's covered-employee payroll during measurement period District's proportionate share of the net pension liability as a percentage of its covered-employee payroll Plan fiduciary net position as a percentage of the total pension liability 
 
2016 
 
2015 
 
0.0% 
 
0.0% 
 
$ -$ - 
 
8,097 7,321 $ 8,097 $ 7,321 
 
$34,827 $23,583 
 
N/A 87.00% 
 
N/A 88.29% 
 
Note: Schedule is intended to show information for the last 10 fiscal years. Additional years will be displayed as they become available. 
 
71 
 
 COBB COUNTY SCHOOL DISTRICT Required Supplementary Information JUNE 30, 2016 
Notes to Required Supplementary Information For the Year Ended June 30 (amounts expressed in thousands) 
 
Changes of assumptions: The last experience investigation was prepared for the five-year period ending June 30, 2009, and based on the results of the investigation various assumptions and methods were revised and adopted by the board on December 16, 2010. The next experience investigaion will be prepared for the period July 1, 2009 through June 30, 2014. 
 
Method and assumptions used in calculations of actuarially determined contributions: The actuarially determined contribution rates in the schedule of contributions are calculated as of June 30, three years prior to the end of the fiscal year in which contributions are reported. The following actuarial methods and assumptions were used to determine the contractually requred contributions for year ended June 30, 2016 reported in that schedule: 
 
Valuation date Actuarial cost method Amortization method Remaining amortization period Asset valuation method Inflation rate Salary increases Investment rate of return 
Cost-of-living adjustments 
 
June 30, 2013 Entry Age Level dollar, closed 25 years Five-year smoothed market 3.00% N/A 7.5%, net of pension plan investment 
expense, including inflation 1.50% semi-annually 
 
72 
 
 (This page was left blank intentionally) 
 
 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. 
 
73 
 
 Miscellaneous Grants School Nutrition 
(i3) Investing in Innovation Adult Education GNETS Title I 
Special Education Vocational Education Title II 
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 retention as well as upgrading teachers' skills in science and math through training. 
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. 
 
74 
 
 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 two nonmajor funds used for those purposes; the Special Purpose Local Option Sales Tax III Fund and the District-Wide Building Fund. 
 
75 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2016 
(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 Unassigned Total Fund Balances Total Liabilities and Fund Balances 
 
Special Revenue 
 
Donations 
 
Facility Use/ Public 
Safety 
 
After School Program 
 
Performing Arts/ Artist 
at School Program 
 
$ 279 $ 1,334 $ 4,612 $ 
 
261 
 
2 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
1 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 282 $ 1,334 $ 4,612 $ 
 
261 
 
$ 
 
43 $ 
 
34 $ 
 
8$ 
 
2 
 
- 
 
16 
 
- 
 
- 
 
- 
 
1 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
43 
 
51 
 
8 
 
2 
 
1 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
238 
 
1,283 
 
4,604 
 
259 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
239 
 
1,283 
 
4,604 
 
259 
 
$ 282 $ 1,334 $ 4,612 $ 
 
261 
 
76 
 
 Tuition School/ Adult High School 
 
Misc. Grants 
 
Special Revenue 
 
School Nutrition 
 
(i3) Investing in Innovation 
 
Adult Education 
 
GNETS 
 
$ 1,433 $ - 
$ 1,433 $ 
 
49 $ 20,414 $ 
 
6 
 
- 
 
10 
 
4 
 
- 
 
- 
 
- 
 
- 
 
- 
 
1,837 
 
65 $ 22,255 $ 
 
3$ 
 
-$ 
 
- 
 
- 
 
263 
 
661 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
3 $ 263 $ 661 
 
$ 
 
11 $ 
 
105 10 - 
126 
 
4$ 
 
45 $ 
 
- 
 
1,591 
 
- 
 
668 
 
- 
 
- 
 
- 
 
751 
 
4 
 
3,055 
 
-$ 
 
13 $ 
 
5 
 
- 
 
22 
 
203 
 
- 
 
7 
 
79 
 
- 
 
221 
 
39 
 
- 
 
- 
 
- 
 
- 
 
263 
 
326 
 
1,307 1,307 $ 1,433 $ 
 
- 
 
1,837 
 
61 
 
17,363 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
61 
 
19,200 
 
65 $ 22,255 $ 
 
- 
 
- 
 
- 
 
3 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
335 
 
- 
 
- 
 
- 
 
3 
 
- 
 
335 
 
3 $ 263 $ 661 
 
Continued--- 
 
77 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2016 
(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 Unassigned Total Fund Balances Total Liabilities and Fund Balances 
 
Special Revenue 
 
Title I 
 
Special 
 
Vocational 
 
Education Education 
 
Title II 
 
$ 
 
-$ 
 
-$ 
 
4,224 
 
4,277 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 4,224 $ 4,277 $ 
 
-$ 
 
- 
 
7 
 
337 
 
- 
 
- 
 
- 
 
- 
 
5 
 
- 
 
- 
 
- 
 
12 $ 337 
 
$ 143 $ 
 
-$ 
 
1,535 348 
2,198 - 
4,224 
 
1,047 413 
2,817 - 
4,277 
 
-$ 
 
27 
 
- 
 
53 
 
- 
 
15 
 
12 
 
242 
 
- 
 
- 
 
12 
 
337 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 4,224 $ 4,277 $ 
 
5 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
(5) 
 
- 
 
- 
 
- 
 
12 $ 337 
 
78 
 
 Homeless Grant 
 
Special Revenue 
 
USDA Fruits and Vegetables 
 
Title III 
 
Title IV 
 
Local School Funds 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- $ 7,564 
 
3 
 
- 
 
202 
 
77 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
914 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 
 
3$ 
 
- $ 202 $ 
 
77 $ 8,478 
 
$ 
 
-$ 
 
-$ 
 
2$ 
 
14 $ 
 
- 
 
- 
 
- 
 
71 
 
- 
 
- 
 
- 
 
- 
 
19 
 
- 
 
- 
 
3 
 
- 
 
110 
 
63 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
3 
 
- 
 
202 
 
77 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
8,478 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
8,478 
 
$ 
 
3$ 
 
- $ 202 $ 
 
77 $ 8,478 
 
Continued--- 
 
79 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2016 
(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 Unassigned Total Fund Balances 
Total Liabilities and Fund Balances 
 
Districtwide 
Building 
 
Capital Projects Special Purpose 
Local Option Sales Tax III 
 
Student Information 
Systems 
 
Total 
 
$ 1,373 $ - 
79 - 
$ 1,452 $ 
 
16,360 $ - 
16,360 $ 
 
-$ -$ 
 
53,682 10,059 
14 914 
85 1,837 66,591 
 
$ 
 
221 $ 
 
- 
221 
 
827 $ 
827 
 
-$ 
- 
 
1,399 
4,643 1,560 5,705 
751 14,058 
 
79 - 
1,152 - 
1,231 $ 1,452 $ 
 
15,533 
15,533 16,360 $ 
 
-$ 
 
1,922 32,960 16,169 
1,487 (5) 
52,533 66,591 
 
Concluded. 
 
80 
 
 (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, 2016 
 
(amounts expressed in thousands) 
REVENUES: Intergovernmental Tuition and Fees Interest Income Athletic Ticket Sales Other 
Total Revenues 
 
Donations 
 
Special Revenue 
 
Facility 
 
Use/ 
 
After 
 
Public 
 
School 
 
Safety 
 
Program 
 
Performing Arts/Artist at 
School Program 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
- 
 
1,325 
 
9,545 
 
354 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
563 
 
- 
 
- 
 
1 
 
563 
 
1,325 
 
9,545 
 
355 
 
EXPENDITURES: Current: 
Instruction Pupil Services Instructional Services School and Administrative 
Services Student Transportation Maintenance and Operation of Plant 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) 
 
13 
 
- 
 
1,056 
 
325 
 
4 
 
- 
 
- 
 
- 
 
18 
 
- 
 
- 
 
- 
 
99 
 
574 
 
7,647 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
1,438 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
289 
 
- 
 
7 
 
- 
 
423 
 
2,012 
 
8,710 
 
325 
 
140 
 
(687) 
 
835 
 
30 
 
- 
 
723 
 
- 
 
- 
 
- 
 
(123) 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
600 
 
- 
 
- 
 
Net Change in Fund Balances Fund Balances, Beginning of Year Fund Balances, End of Year 
 
140 
 
(87) 
 
835 
 
30 
 
99 
 
1,370 
 
3,769 
 
229 
 
$ 239 $ 1,283 $ 4,604 $ 
 
259 
 
81 
 
 Tuition School/ Adult High School 
 
$ 
 
- 
 
793 
 
- 
 
- 
 
793 
 
Special Revenue 
 
Misc. Grants 
 
School Nutrition 
 
(i3) Investing in Innovation 
 
Adult Education 
 
GNETS 
 
$ 35,085 $ 
 
- 
 
18,574 
 
- 
 
43 
 
- 
 
- 
 
119 
 
19 
 
119 
 
53,721 
 
1$ - 
1 
 
1,022 $ - 
1,022 
 
5,210 - 
31 
5,241 
 
414 
 
66 
 
- 
 
- 
 
- 
 
- 
 
158 
 
31 
 
- 
 
220 
 
- 
 
53,837 
 
- 
 
- 
 
- 
 
5 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
11 
 
797 
 
97 
 
53,848 
 
- 
 
- 
 
3,893 
 
- 
 
- 
 
866 
 
2 
 
- 
 
259 
 
- 
 
1,022 
 
191 
 
- 
 
- 
 
15 
 
- 
 
- 
 
21 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
2 
 
1,022 
 
5,245 
 
(4) 
 
22 
 
(127) 
 
204 - 
204 
200 
1,107 
$ 1,307 $ 
 
- 
 
- 
 
- 
 
- 
 
- 
 
32 
 
- 
 
32 
 
22 
 
(95) 
 
39 
 
19,295 
 
61 $ 19,200 $ 
 
(1) 
- 
(1) 4 
3$ 
 
- 
 
(4) 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
(4) 
 
- 
 
339 
 
-$ 
 
335 
 
Continued--- 
 
82 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE NONMAJOR GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2016 
 
(amounts expressed in thousands) 
 
Special Revenue 
 
REVENUES: 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 Operation of Plant 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 
 
Special 
 
Vocational 
 
Education Education 
 
Title II 
 
$ 23,154 $ 20,596 $ 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
23,154 
 
20,596 
 
730 $ 1,965 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
730 
 
1,965 
 
9,970 47 
9,950 
2,876 295 16 
23,154 
 
9,636 2,179 6,214 
1,134 1,433 
20,596 
 
490 
 
- 
 
- 
 
- 
 
52 
 
1,711 
 
7 
 
227 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
181 
 
27 
 
730 
 
1,965 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
83 
 
 Special Revenue 
 
Homeless Grant 
 
USDA Fruit and Vegetables 
 
Title III 
 
Title IV 
 
Local School Funds 
 
$ 
 
55 $ 
 
166 $ 1,652 $ 
 
535 $ 
 
- 
 
- 
 
- 
 
- 
 
- 
 
28,419 
 
- 
 
- 
 
- 
 
- 
 
9 
 
- 
 
- 
 
- 
 
- 
 
2,749 
 
- 
 
- 
 
- 
 
- 
 
- 
 
55 
 
166 
 
1,652 
 
535 
 
31,177 
 
- 
 
- 
 
77 
 
269 
 
- 
 
2 
 
- 
 
392 
 
130 
 
- 
 
31 
 
- 
 
705 
 
51 
 
- 
 
1 
 
166 
 
470 
 
33 
 
- 
 
21 
 
- 
 
8 
 
52 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
31,116 
 
- 
 
- 
 
- 
 
- 
 
- 
 
55 
 
166 
 
1,652 
 
535 
 
31,116 
 
- 
 
- 
 
- 
 
- 
 
61 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
61 
 
- 
 
- 
 
- 
 
- 
 
8,417 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- $ 8,478 
 
Continued--- 
 
84 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE NONMAJOR GOVERNMENTAL FUNDS FOR THE YEAR ENDED JUNE 30, 2016 
 
(amounts expressed in thousands) 
 
REVENUES: Intergovernmental Tuition and Fees Interest Income Athletic Ticket Sales Other 
Total Revenues 
 
DistrictWide 
Building 
 
Capital Projects Special Purpose 
Local Option Sales Tax III 
 
Student Information 
Systems 
 
Total 
 
$ 
 
-$ 
 
- 
 
3 
 
656 
 
659 
 
327 $ - 
47 - 
374 
 
- $ 90,498 
 
- 
 
59,010 
 
1 
 
103 
 
- 
 
2,749 
 
- 
 
1,389 
 
1 
 
153,749 
 
EXPENDITURES: Current: 
Instruction Pupil Services Instructional Services School and Administrative 
Services Student Transportation Maintenance and Operation of Plant 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 
 
- 
329 - 
2,426 2,755 
 
- 
3,271 - 
5,374 8,645 
 
- 
 
26,209 
 
- 
 
3,620 
 
- 
 
19,182 
 
- 
 
72,104 
 
- 
 
1,824 
 
- 
 
1,464 
 
- 
 
31,116 
 
- 
 
8,331 
 
- 
 
163,850 
 
(2,096) 
 
(8,271) 
 
1 
 
(10,101) 
 
2,594 - 
2,594 
498 
733 
$ 1,231 $ 
 
- 
 
- 
 
3,521 
 
- 
 
(397) 
 
(520) 
 
- 
 
- 
 
32 
 
- 
 
(397) 
 
3,033 
 
(8,271) 23,804 
 
(396) 396 
 
(7,068) 59,601 
 
15,533 $ 
 
- $ 52,533 
 
Concluded. 
 
85 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Local 
Total Revenues 
EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services General Administration School Administration Central Operations Other Support Services 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
564 $ 
 
564 $ 
 
563 $ 
 
(1) 
 
564 
 
564 
 
563 
 
(1) 
 
21 
 
21 
 
13 
 
8 
 
23 
 
23 
 
4 
 
19 
 
69 
 
69 
 
18 
 
51 
 
2 
 
2 
 
1 
 
1 
 
13 
 
13 
 
10 
 
3 
 
521 
 
521 
 
363 
 
158 
 
3 
 
3 
 
14 
 
(11) 
 
652 
 
652 
 
423 
 
229 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
(88) 
 
(88) 
 
140 
 
228 
 
99 
 
99 
 
99 
 
- 
 
$ 
 
11 $ 
 
11 $ 
 
239 $ 
 
228 
 
86 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Local Other 
Total Revenues 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
1,272 $ 
 
1,289 $ 
 
1,325 $ 
 
36 
 
868 
 
724 
 
723 
 
(1) 
 
2,140 
 
2,013 
 
2,048 
 
35 
 
EXPENDITURES: 
 
Maintenance and Operation of Plant 
 
1,438 
 
1,461 
 
1,438 
 
23 
 
Community Service Operations Total Expenditures 
 
702 
 
696 
 
697 
 
(1) 
 
2,140 
 
2,157 
 
2,135 
 
22 
 
Net Change in Fund Balance Fund Balance, Beginning of Year 
 
- 
 
(144) 
 
(87) 
 
57 
 
1,370 
 
1,370 
 
1,370 
 
- 
 
Fund Balance, End of Year 
 
$ 
 
1,370 $ 
 
1,226 $ 
 
1,283 $ 
 
57 
 
87 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Local 
Total Revenues 
EXPENDITURES: Instruction Community Service Operations 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
8,602 $ 
 
9,332 $ 
 
9,545 $ 
 
213 
 
8,602 
 
9,332 
 
9,545 
 
213 
 
749 7,853 8,602 
 
749 8,671 9,420 
 
1,056 7,654 8,710 
 
(307) 1,017 
710 
 
Net Change in Fund Balance 
 
- 
 
(88) 
 
835 
 
923 
 
Fund Balance, Beginning of Year 
 
3,769 
 
3,769 
 
3,769 
 
- 
 
Fund Balance, End of Year 
 
$ 
 
3,769 $ 
 
3,681 $ 
 
4,604 $ 
 
923 
 
88 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Local 
Total Revenues 
EXPENDITURES: Instruction 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
393 $ 
 
393 $ 
 
355 $ 
 
(38) 
 
393 
 
393 
 
355 
 
(38) 
 
393 
 
393 
 
325 
 
68 
 
393 
 
393 
 
325 
 
68 
 
Net Change in Fund Balance Fund Balance, Beginning of Year 
 
- 
 
- 
 
30 
 
30 
 
229 
 
229 
 
229 
 
- 
 
Fund Balance, End of Year 
 
$ 
 
229 $ 
 
229 $ 
 
259 $ 
 
30 
 
89 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Local Other 
Total Revenues 
EXPENDITURES: Instruction Improvement of Instructional Services Educational Media Services School Administration Maintenance and Operation of Plant Community Services Operations 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
812 $ 
 
867 $ 
 
793 $ 
 
(74) 
 
204 
 
204 
 
204 
 
- 
 
1,016 
 
1,071 
 
997 
 
(74) 
 
566 
 
607 
 
414 
 
193 
 
128 
 
142 
 
158 
 
(16) 
 
10 
 
10 
 
- 
 
10 
 
21 
 
21 
 
- 
 
21 
 
- 
 
- 
 
5 
 
(5) 
 
291 
 
291 
 
220 
 
71 
 
1,016 
 
1,071 
 
797 
 
274 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
- 
 
- 
 
200 
 
200 
 
1,107 
 
1,107 
 
1,107 
 
- 
 
$ 
 
1,107 $ 
 
1,107 $ 
 
1,307 $ 
 
200 
 
90 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Local State 
Total Revenues 
EXPENDITURES: Instruction Improvement of Instructional Services 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
15 $ 
 
135 $ 
 
99 $ 
 
(36) 
 
- 
 
22 
 
20 
 
(2) 
 
15 
 
157 
 
119 
 
(38) 
 
- 
 
127 
 
66 
 
61 
 
15 
 
30 
 
31 
 
(1) 
 
15 
 
157 
 
97 
 
60 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
- 
 
- 
 
22 
 
22 
 
39 
 
39 
 
39 
 
- 
 
$ 
 
39 $ 
 
39 $ 
 
61 $ 
 
22 
 
91 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Local State Federal Other 
Total Revenues 
EXPENDITURES: School Nutrition Program 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
19,185 $ 
 
19,185 $ 
 
18,618 $ 
 
1,285 
 
1,285 
 
1,244 
 
33,083 
 
33,083 
 
33,842 
 
25 
 
25 
 
49 
 
53,578 
 
53,578 
 
53,753 
 
(567) (41) 759 24 175 
 
56,230 56,230 
 
56,230 56,230 
 
53,848 53,848 
 
2,382 2,382 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
(2,652) 19,295 
 
(2,652) 19,295 
 
(95) 19,295 
 
$ 
 
16,643 $ 
 
16,643 $ 
 
19,200 $ 
 
2,557 - 
2,557 
 
92 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
EXPENDITURES: Improvement of Instructional Services 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
3$ 
 
5$ 
 
1$ 
 
(4) 
 
3 
 
5 
 
1 
 
(4) 
 
3 
 
5 
 
2 
 
3 
 
3 
 
5 
 
2 
 
3 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
- 
 
- 
 
(1) 
 
(1) 
 
4 
 
4 
 
4 
 
- 
 
$ 
 
4$ 
 
4$ 
 
3$ 
 
(1) 
 
93 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: State Federal 
Total Revenues 
EXPENDITURES: Community Service Operations 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
444 $ 
 
456 $ 
 
439 $ 
 
(17) 
 
611 
 
643 
 
583 
 
(60) 
 
1,055 
 
1,099 
 
1,022 
 
(77) 
 
1,055 
 
1,099 
 
1,022 
 
77 
 
1,055 
 
1,099 
 
1,022 
 
77 
 
Net Change in Fund Balance 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, Beginning of Year 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, End of Year 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
94 
 
 COBB COUNTY SCHOOL DISTRICT GNETS-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, 2016 
(amounts expressed in thousands) 
 
REVENUES: State Federal Other 
Total Revenues 
EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services General Administration School Administration Business Services Maintenance and Operation of Plant Student Transportation 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
5,292 $ 
 
4,952 $ 
 
4,814 $ 
 
415 
 
759 
 
396 
 
31 
 
131 
 
31 
 
5,738 
 
5,842 
 
5,241 
 
(138) (363) (100) (601) 
 
4,314 
 
4,144 
 
3,893 
 
251 
 
1,001 
 
1,035 
 
866 
 
169 
 
315 
 
405 
 
259 
 
146 
 
52 
 
49 
 
48 
 
1 
 
3 
 
149 
 
141 
 
8 
 
8 
 
19 
 
2 
 
17 
 
6 
 
6 
 
15 
 
(9) 
 
39 
 
35 
 
21 
 
14 
 
5,738 
 
5,842 
 
5,245 
 
597 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
- 
 
- 
 
(4) 
 
(4) 
 
339 
 
339 
 
339 
 
- 
 
$ 
 
339 $ 
 
339 $ 
 
335 $ 
 
(4) 
 
95 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services Federal Grant Administration General Administration School Administration Student Transportation Other Support Services School Nutrition 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
22,342 $ 
 
33,481 $ 
 
23,154 $ 
 
(10,327) 
 
22,342 
 
33,481 
 
23,154 
 
(10,327) 
 
9,107 38 
9,507 657 439 2 141 
2,450 1 
22,342 
 
14,954 76 
13,318 993 534 330 
3,276 - 
33,481 
 
9,980 47 
9,368 587 448 295 
2,429 - 
23,154 
 
4,974 29 
3,950 406 86 35 847 - 
10,327 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
96 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services General Administration Student Transportation 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
19,242 $ 
 
24,378 $ 
 
20,596 $ 
 
19,242 
 
24,378 
 
20,596 
 
(3,782) (3,782) 
 
4,709 4,794 7,359 
778 1,602 19,242 
 
9,091 5,734 6,295 1,400 1,858 24,378 
 
9,636 2,179 6,214 1,134 1,433 20,596 
 
(545) 3,555 
81 266 425 3,782 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
97 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
EXPENDITURES: Instruction Improvement of Instructional Services General Administration Federal Grant Administration 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
699 $ 
 
730 $ 
 
730 $ 
 
- 
 
699 
 
730 
 
730 
 
- 
 
567 
 
669 
 
669 
 
- 
 
124 
 
52 
 
52 
 
- 
 
6 
 
7 
 
7 
 
- 
 
2 
 
2 
 
2 
 
- 
 
699 
 
730 
 
730 
 
- 
 
Net Change in Fund Balance 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, Beginning of Year 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, End of Year 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
98 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
EXPENDITURES: Improvement of Instructional Services General Administration Central Operations Federal Grant Administration 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
1,797 $ 
 
3,899 $ 
 
1,965 $ 
 
(1,934) 
 
1,797 
 
3,899 
 
1,965 
 
(1,934) 
 
1,540 36 - 
221 1,797 
 
3,161 71 
270 397 3,899 
 
1,575 38 
189 163 1,965 
 
1,586 33 81 
234 1,934 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
99 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
EXPENDITURES: Pupil Services General Administration Student Transportation Federal Grant Administration 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
53 $ 
 
83 $ 
 
55 $ 
 
(28) 
 
53 
 
83 
 
55 
 
(28) 
 
- 
 
2 
 
2 
 
- 
 
1 
 
2 
 
1 
 
1 
 
21 
 
31 
 
21 
 
10 
 
31 
 
48 
 
31 
 
17 
 
53 
 
83 
 
55 
 
28 
 
Net Change in Fund Balance 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, Beginning of Year 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, End of Year 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
100 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
EXPENDITURES: School Nutrition 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
23 $ 
 
166 $ 
 
166 $ 
 
- 
 
23 
 
166 
 
166 
 
- 
 
23 
 
166 
 
166 
 
- 
 
23 
 
166 
 
166 
 
- 
 
Net Change in Fund Balance 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, Beginning of Year 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, End of Year 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
101 
 
 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, 2016 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services Student Transportation Other Support Services General Administration 
Total Expenditures 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
1,279 $ 
 
2,935 $ 
 
1,652 $ 
 
(1,283) 
 
1,279 
 
2,935 
 
1,652 
 
(1,283) 
 
47 228 730 
35 210 29 1,279 
 
266 562 1,136 
30 908 33 2,935 
 
77 392 684 
8 470 
21 1,652 
 
189 170 452 
22 438 
12 1,283 
 
Net Change in Fund Balance Fund Balance, Beginning of Year 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
Fund Balance, End of Year 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
102 
 
 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, 2016 
 
(amounts expressed in thousands) 
 
REVENUES: Federal 
Total Revenues 
 
Budgeted Amounts 
 
Original 
 
Final 
 
Actual Amounts 
 
Variance With Final Budget 
 
$ 
 
601 $ 
 
566 $ 
 
535 $ 
 
(31) 
 
601 
 
566 
 
535 
 
(31) 
 
EXPENDITURES: Instruction Pupil Services Improvement of Instructional Services Federal Grant Administration General Administration Business Support Services Student Transportation Other Support Service 
Total Expenditures 
 
330 
 
544 
 
269 
 
275 
 
126 
 
7 
 
130 
 
(123) 
 
13 
 
2 
 
1 
 
1 
 
45 
 
3 
 
50 
 
(47) 
 
12 
 
1 
 
- 
 
1 
 
15 
 
2 
 
19 
 
(17) 
 
42 
 
5 
 
52 
 
(47) 
 
18 
 
2 
 
14 
 
(12) 
 
601 
 
566 
 
535 
 
31 
 
Net Change in Fund Balance Fund Balance, Beginning of Year Fund Balance, End of Year 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
103 
 
 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. 
104 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF FUND NET POSITION INTERNAL SERVICE FUNDS JUNE 30, 2016 
 
(amounts expressed in thousands) 
 
Assets: 
 
Unemployment Compensation 
Fund 
 
SelfInsurance 
Fund 
 
Total 
 
Current Assets: Cash Prepaids 
Total Current Assets 
 
$ 
 
612 $ 
 
7,466 $ 
 
8,078 
 
- 
 
20 
 
20 
 
612 
 
7,486 
 
8,098 
 
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 Liablilities 
 
Net Position: 
 
Unrestricted 
 
$ 
 
5 
 
264 
 
269 
 
- 
 
2,102 
 
2,102 
 
- 
 
11 
 
11 
 
- 
 
10 
 
10 
 
5 
 
2,387 
 
2,392 
 
- 
 
4,881 
 
4,881 
 
5 
 
7,268 
 
7,273 
 
607 $ 
 
218 $ 
 
825 
 
105 
 
 COBB COUNTY SCHOOL DISTRICT 
COMBINING STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION 
INTERNAL SERVICE FUNDS FOR THE YEAR ENDED JUNE 30, 2016 
 
(amounts expressed in thousands) 
OPERATING REVENUES: Charges for Services 
Total Revenues 
 
Unemployment Compensation 
Fund 
 
SelfInsurance 
Fund 
 
Total 
 
$ 
 
114 $ 
 
5,930 $ 
 
6,044 
 
114 
 
5,930 
 
6,044 
 
OPERATING EXPENSES: School and Administrative Services 
Total Expenditures 
 
82 
 
6,346 
 
6,428 
 
82 
 
6,346 
 
6,428 
 
Operating Income (Loss) 
 
32 
 
(416) 
 
(384) 
 
Transfers-In 
 
- 
 
445 
 
445 
 
Change in Net Position 
 
32 
 
29 
 
61 
 
Total Net Position, Beginning of Year 
 
575 
 
189 
 
764 
 
Total Net Position, End of Year 
 
$ 
 
607 $ 
 
218 $ 
 
825 
 
106 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF CASH FLOWS INTERNAL SERVICE FUNDS FOR THE YEAR ENDED JUNE 30, 2016 
(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 Provided by 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 Provided by Operating Activities: 
Operating Income (Loss) Adjustments to Reconcile Operating Income 
(Loss) to Net Cash Provided by Operating Activities: 
Decrease in Due From Other Funds Increase in Prepaid Items Increase in Claims Payables Decrease in Accounts Payable Decrease in Accrued Payroll and 
Payroll Withholdings Total Adjustments Net Cash Provided by Operating Activities 
 
Unemployment Compensation 
Fund 
 
SelfInsurance 
Fund 
 
Total 
 
$ 
 
106 $ 
 
5,871 $ 
 
5,977 
 
- 
 
(166) 
 
(166) 
 
(82) 
 
(4,893) 
 
(4,975) 
 
- 
 
(711) 
 
(711) 
 
24 
 
101 
 
125 
 
- 
 
445 
 
445 
 
- 
 
445 
 
445 
 
24 
 
546 
 
570 
 
588 
 
6,920 
 
7,508 
 
$ 
 
612 $ 
 
7,466 $ 
 
8,078 
 
$ 
 
32 $ 
 
(416) $ 
 
(384) 
 
4 
 
1 
 
5 
 
- 
 
(16) 
 
(16) 
 
- 
 
576 
 
576 
 
(12) 
 
(43) 
 
(55) 
 
- 
 
(1) 
 
(1) 
 
(8) 
 
517 
 
509 
 
$ 
 
24 $ 
 
101 $ 
 
125 
 
107 
 
 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. 
108 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF FIDUCIARY ASSETS AND LIABILITIES FIDUCIARY FUNDS JUNE 30, 2016 
(amounts expressed in thousands) 
Agency Funds 
 
ASSETS: Cash and Cash Equivalents 
Total Assets 
 
Student Activity 
 
Payroll Withholding 
 
Total 
 
$ 
 
1,447 $ 
 
37,653 $ 
 
39,100 
 
1,447 
 
37,653 
 
39,100 
 
LIABILITIES: Due to Student Groups Payroll Withholdings Payable 
 
Total Liabilities 
 
$ 
 
1,447 - 
1,447 $ 
 
37,653 
37,653 $ 
 
1,447 37,653 
39,100 
 
109 
 
 COBB COUNTY SCHOOL DISTRICT COMBINING STATEMENT OF CHANGES IN FIDUCIARY ASSETS AND LIABILITIES FIDUCIARY FUNDS FOR THE YEAR ENDED JUNE 30, 2016 
 
(amounts expressed in thousands) 
 
ASSETS: Cash and Cash Equivalents 
Balance, Beginning of Year Additions Deductions Balance, End of Year 
 
Student Activity 
 
Payroll Withholding 
 
$ 
 
1,338 $ 
 
35,027 $ 
 
1,591 
 
504,468 
 
(1,482) 
 
(501,842) 
 
$ 
 
1,447 $ 
 
37,653 $ 
 
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 
 
$ 
 
1,338 $ 
 
1,591 (1,482) 
 
1,447 
 
-$ - 
 
- 
 
35,027 
 
- 
 
504,468 
 
- 
 
(501,842) 
 
- 
 
37,653 
 
1,338 
 
35,027 
 
1,591 
 
504,468 
 
(1,482) 
 
(501,842) 
 
$ 
 
1,447 $ 
 
37,653 $ 
 
Total 
36,365 506,059 (503,324) 39,100 
1,338 1,591 (1,482) 1,447 
35,027 504,468 (501,842) 37,653 
36,365 506,059 (503,324) 39,100 
 
110 
 
 COBB COUNTY SCHOOL DISTRICT SPLOST 3 - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2016 
 
LOCATION/DESCRIPTION 
 
Approved Budget 
 
Revised Budget 
 
Expended Inception through 06/30/16 
 
Expended FY16 
 
Encumbered as of 6/30/16 
 
Uncommitted 
 
Acworth Intermediate Addison ES Adult Education Center Allatoona HS Argyle ES Austell ES Awtrey MS Baker ES Baker Road Bus Shop Barber MS Bells Ferry ES Belmont Hills ES Big Shanty ES Birney ES Blackwell ES Brumby ES Brumby Replacement ES Bryant ES Bullard ES Campbell HS Campbell MS Chalker ES Cheatham Hill ES Clarkdale ES Clarkdale Replacement ES Clay ES Compton ES Cooper MS Daniell MS Davis ES Dickerson MS Dodgen MS Dowell ES Due West ES Durham MS East Cobb MS East Side ES East Side Replacement ES Eastvalley ES Fair Oaks ES Floyd MS Ford ES Frey ES Garrett MS Garrison Mill ES Green Acres ES Griffin MS Harmony Leland ES Harrison HS/West Cobb 9th Grade Center Haven @ Fitzhugh Lee Haven @ Hawthorne Haven @ Sky View Hayes ES Hendricks ES Hightower Trail Ms Hillgrove HS Hollydale ES Keheley ES Kell HS Kemp ES Kennesaw ES Kennesaw Mountain HS Kennesaw Warehouse Kincaid ES King Springs ES King Springs K-1 @ Brown LaBelle ES Lassiter Hs 
 
$ 
 
496,193 $ 
 
1,108,920 $ 
 
1,108,514 $ 
 
1,043,331 
 
1,397,616 
 
1,396,802 
 
397,104 
 
1,369,212 
 
1,368,766 
 
- 
 
2,482,794 
 
2,476,181 
 
1,318,244 
 
2,274,580 
 
2,274,174 
 
113,337 
 
690,574 
 
689,760 
 
4,154,806 
 
4,511,280 
 
4,510,870 
 
3,436,575 
 
4,546,903 
 
4,545,993 
 
721,525 
 
831,403 
 
810,503 
 
651,496 
 
1,581,793 
 
1,581,385 
 
7,076,214 
 
6,180,692 
 
6,180,285 
 
1,327,563 
 
1,476,397 
 
1,475,993 
 
2,013,432 
 
2,386,501 
 
2,341,965 
 
3,942,821 
 
3,901,546 
 
3,901,141 
 
377,384 
 
1,205,015 
 
1,204,611 
 
1,080,925 
 
1,429,167 
 
1,428,761 
 
- 
 
3,316,744 
 
3,313,409 
 
1,040,025 
 
2,260,083 
 
2,258,000 
 
106,366 
 
1,131,463 
 
1,130,651 
 
4,883,357 
 
5,866,015 
 
5,770,067 
 
5,799,494 
 
6,585,622 
 
6,585,216 
 
1,449,276 
 
1,945,206 
 
1,944,393 
 
3,113,452 
 
3,591,893 
 
3,591,487 
 
946,788 
 
184,107 
 
184,107 
 
- 
 
6,046,831 
 
6,046,428 
 
514,377 
 
993,395 
 
992,990 
 
1,427,439 
 
2,183,603 
 
2,032,319 
 
1,101,700 
 
1,907,793 
 
1,907,387 
 
6,180,190 
 
6,424,987 
 
6,424,035 
 
3,827,240 
 
3,225,419 
 
3,181,725 
 
1,885,533 
 
2,438,120 
 
2,437,710 
 
1,662,303 
 
2,575,227 
 
2,574,815 
 
2,198,797 
 
2,513,366 
 
2,512,553 
 
1,210,036 
 
1,598,250 
 
1,597,843 
 
1,460,314 
 
2,422,582 
 
2,422,174 
 
3,613,109 
 
2,345,920 
 
2,345,513 
 
- 
 
541,642 
 
541,640 
 
27,030,976 
 
20,230,295 
 
20,229,479 
 
991,794 
 
1,506,626 
 
1,506,220 
 
1,455,706 
 
1,538,627 
 
1,538,224 
 
2,259,564 
 
3,314,454 
 
3,314,048 
 
3,535,560 
 
4,042,071 
 
4,041,259 
 
1,335,206 
 
1,563,458 
 
1,562,646 
 
14,734,437 
 
10,960,545 
 
10,960,133 
 
3,796,410 
 
4,113,773 
 
4,112,959 
 
1,237,190 
 
1,756,258 
 
1,755,445 
 
2,064,731 
 
2,393,107 
 
2,392,696 
 
591,860 
 
1,381,638 
 
1,374,411 
 
22,543,318 
 
21,625,777 
 
21,624,429 
 
1,711,339 
 
312,664 
 
312,659 
 
1,100,656 
 
1,700,334 
 
1,696,584 
 
- 
 
36,906 
 
36,738 
 
1,016,015 
 
1,617,409 
 
1,616,598 
 
282,202 
 
1,036,013 
 
1,035,200 
 
5,280,637 
 
3,903,969 
 
3,903,562 
 
176,890 
 
3,019,782 
 
3,018,740 
 
1,061,830 
 
1,390,058 
 
1,389,652 
 
3,508,784 
 
3,542,949 
 
3,542,088 
 
446,849 
 
3,266,489 
 
3,266,084 
 
882,673 
 
1,435,739 
 
1,433,976 
 
2,260,679 
 
2,596,579 
 
2,595,762 
 
3,347,006 
 
5,890,938 
 
5,890,529 
 
21,244,784 
 
22,465,550 
 
17,286,039 
 
3,458,008 
 
3,461,277 
 
3,460,871 
 
2,570,192 
 
3,189,650 
 
3,188,836 
 
1,077,413 
 
1,155,406 
 
955,314 
 
537,008 
 
1,290,253 
 
1,289,850 
 
19,710,822 
 
20,944,862 
 
20,944,450 
 
-$ - 
18,765 11,446 
22,899 44,548 7,275 1,470 6,278 735 6,468 33,506 9,042 5,145 13,120 5,058 3,687 2,210 72,761 5,880 52,845 9,107 21,132 38,722 7,498 8,367 735 96,113 743,279 2,072 23,529 225,637 27,285 
 
-$ - 
4,400 - 
456 - 
41,100 - 
1,144,275 - 
51,025 - 
 
406 814 446 2,213 406 814 410 910 20,444 408 407 404 44,536 405 404 406 3,335 2,083 812 54,848 406 813 406 
403 405 151,284 406 952 43,694 410 412 813 407 408 407 
2 816 406 403 406 812 812 412 814 813 411 7,227 1,348 
5 3,750 
168 811 813 407 1,042 406 861 405 1,763 817 409 4,035,236 406 814 149,067 403 412 
 
111 
 
 COBB COUNTY SCHOOL DISTRICT SPLOST 3 - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2016 
 
LOCATION/DESCRIPTION 
Lewis ES Lindley 6th Grade Academy Lindley MS Lost Mountain MS Lovinggood MS Mableton ES Mableton Replacement ES Mabry MS Maintenance Facility Argo Road Mars Hill Road Bus Shop Martha Moore Education Center McCall Primary McCleskey MS McClure MS McEachern HS Milford ES Mount Bethel ES Mountain View ES Mountain View Replacement ES Murdock ES Nicholson ES Nickajack ES North Cobb HS Norton Park ES Oakwood School Osborne Hs Palmer MS Pebblebrook Hs Pickett's Mill ES Pine Mountain MS Pitner ES Pitts Transportation Center Pope HS Powder Springs ES Powers Ferry ES Riverside Intermediate Riverside Primary Rocky Mount ES Rose Garden Russell ES Sanders ES Sanders Road Bus Shop Sedalia Park ES Shallowford Falls ES Simpson MS Sky View Administration Sky View ES Smitha MS Smyrna ES Sope Creek ES South Cobb HS Sprayberry HS Still ES Systemwide Tapp MS Teasley ES Timber Ridge ES Tritt ES Varner ES Vaughan ES Walton HS Wheeler Hs 440 Annex 440 Glover Street 514 Glover Street 
538 Glover Street 590 Commerce Park Drive TOTAL PROJECT EXPENDITURES 
 
Approved Budget 
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 2,433,140 2,083,632 
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 9,409,088 
379,955 491,861 
229,503 - 
$ 797,656,675 $ 
 
Revised Expended Inception 
 
Budget 
 
through 06/30/16 
 
2,230,623 
 
2,229,808 
 
2,199,769 1,777,219 
 
2,198,821 1,776,813 
 
2,662,658 
 
2,656,655 
 
1,499,255 370,770 
22,114,885 
 
1,498,851 370,767 
22,114,481 
 
5,677,165 
 
4,949,423 
 
1,053,939 699,219 
 
1,052,436 699,217 
 
516,902 
 
516,899 
 
757,668 11,818,428 
1,581,325 
 
756,857 11,818,019 
1,580,378 
 
8,890,480 
 
8,863,705 
 
1,313,109 2,720,041 
 
1,312,606 2,719,226 
 
2,024,169 
 
2,023,760 
 
376,055 3,692,869 
 
376,054 3,692,049 
 
1,311,800 
 
1,311,394 
 
2,547,089 21,694,084 2,917,308 
 
2,546,657 21,691,318 2,916,901 
 
794,278 
 
794,272 
 
3,625,320 1,098,991 
 
3,609,157 1,049,019 
 
6,853,201 
 
6,822,805 
 
700,122 9,075,260 
 
699,211 9,072,433 
 
1,453,235 
 
1,450,823 
 
22,602,295 14,087,727 4,703,592 
 
22,566,299 14,085,580 4,701,485 
 
1,148,571 
 
1,146,574 
 
1,394,611 724,593 
 
1,392,707 722,689 
 
2,898,604 
 
2,896,670 
 
423,272 1,854,199 1,745,529 
 
421,769 1,852,192 1,743,625 
 
1,012,545 
 
1,011,041 
 
1,444,596 1,546,767 
 
1,442,693 1,544,358 
 
11,280,113 
 
11,278,202 
 
243,695 383,049 
 
242,193 383,046 
 
7,666,199 
 
7,664,291 
 
31,749,354 5,365,387 25,967,596 
 
31,748,948 5,363,070 25,900,359 
 
15,874,646 
 
15,872,260 
 
2,447,498 14,032,949 
 
2,441,455 9,005,519 
 
6,013,763 
 
6,005,361 
 
13,120,460 1,137,556 
 
13,118,142 1,133,669 
 
1,979,512 
 
1,977,200 
 
3,272,459 1,384,188 7,296,415 
 
3,270,551 1,381,874 7,292,724 
 
29,316,039 
 
29,218,879 
 
11,000 11,046,654 
 
9,347,405 
 
8,393,658 
 
6,581,792 
 
510,998 
 
446,067 
 
79,864 
 
78,346 
 
634,363,306 $ 618,815,497 $ 
 
Expended FY16 
5,058 
861,719 745 4,362 6,516 1,739,907 4,398 1,458 1,458 19,716 1,251 986 986 49,037 70,834 1,170 6,924 5,700 1,085 5,700 405,076 8,847 333,496 2,457 1,903 735 13,994 1,035 611,265 11,577 239 529 5,793 231,551 1,470 40,455 970,628 1,676,292 
12,546 - 
8,645,512 
 
Encumbered 
 
as of 6/30/16 
 
- 
 
- 
 
- 
 
5,058 
 
- 
 
- 
 
- 
 
569,235 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
17,686 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
28,728 
 
- 
 
- 
 
- 
 
13,121 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
59,445 
 
- 
 
1,203 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
82,860 
 
- 
 
85,014 
 
2,240 
 
- 
 
- 
 
$ 
 
2,105,846 
 
Uncommitted 
815 948 406 945 404 
3 404 158,507 1,503 
2 3 811 409 947 9,089 503 815 409 1 820 406 432 2,766 407 6 16,163 49,972 1,668 911 2,827 2,412 22,875 2,147 2,107 1,997 1,904 1,904 1,934 1,503 2,007 1,904 1,504 1,903 2,409 1,911 1,502 3 1,908 406 2,317 7,792 2,386 4,840 5,027,430 8,402 2,318 3,887 2,312 1,908 2,314 3,691 14,300 11,000 1,614,235 1,809,626 
64,931 1,518 $ 13,441,963 
 
112 
 
 COBB COUNTY SCHOOL DISTRICT SPLOST 4 - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2016 
 
LOCATION/DESCRIPTION 
 
Approved Budget 
 
Revised Budget 
 
Expended Inception through 06/30/16 
 
Expended FY16 
 
Encumbered as of 6/30/16 
 
Uncommitted 
 
Acworth Intermediate Addison ES Adult Education Center Allatoona HS Argyle ES Austell ES Awtrey MS Baker ES Barber MS Bells Ferry ES Belmont Hills ES Big Shanty ES Birney ES Blackwell ES Brumby ES Brumby Replacement ES Bryant ES Bullard ES Campbell HS Campbell MS Chalker ES Cheatham Hill ES Clarkdale Replacement ES Clay ES College and Career Academy Compton ES Cooper MS Daniell MS Davis ES Dickerson MS Dodgen MS Dowell ES Due West ES Durham MS East Cobb MS East Cobb Replacement MS East Side Replacement ES Eastvalley ES Fair Oaks ES Floyd MS Ford ES Frey ES Garrett MS Garrison Mill ES Green Acres ES Griffin MS Harmony Leland ES Harmony Leland/Clay Replacement Harrison HS Haven @ Hawthorne Haven @ Sky View Hawthorne Administration Hayes ES Hendricks ES Hightower Trail MS Hillgrove HS Hollydale ES Keheley ES Kell HS Kemp ES Kennesaw ES Kennesaw Mountain HS Kennesaw Warehouse Kincaid ES King Springs ES King Springs K-1 @ Brown 
 
$ 
 
508,194 $ 
 
1,395,139 $ 
 
2,332,467 
 
1,120,367 
 
143,982 
 
485,294 
 
285,769 
 
2,061,763 
 
247,408 
 
749,606 
 
212,135 
 
835,096 
 
3,733,047 
 
1,280,380 
 
761,365 
 
1,686,405 
 
162,172 
 
1,246,385 
 
292,368 
 
1,055,417 
 
25,663 
 
634,898 
 
559,312 
 
1,441,353 
 
461,049 
 
1,542,337 
 
149,157 
 
977,935 
 
403,159 
 
1,072,754 
 
23,330,216 
 
26,891,730 
 
3,311,777 
 
1,347,805 
 
487,680 
 
1,423,435 
 
26,034,595 
 
28,323,174 
 
6,032,596 
 
7,199,521 
 
372,035 
 
1,181,193 
 
1,004,221 
 
2,206,730 
 
- 
 
536,783 
 
1,402,438 
 
1,944,657 
 
- 
 
29,491,280 
 
713,483 
 
1,478,240 
 
972,053 
 
1,659,857 
 
5,304,276 
 
2,048,858 
 
575,203 
 
1,240,712 
 
1,391,811 
 
2,675,147 
 
3,105,288 
 
4,381,345 
 
3,455,215 
 
1,979,500 
 
57,742 
 
736,179 
 
459,338 
 
1,584,330 
 
3,661,474 
 
1,208,871 
 
29,125,616 
 
38,897,453 
 
54,534 
 
1,220,784 
 
117,079 
 
759,800 
 
277,470 
 
1,349,055 
 
1,412,827 
 
2,435,860 
 
984,706 
 
1,416,802 
 
725,907 
 
2,597,611 
 
3,743,963 
 
4,613,174 
 
320,873 
 
1,138,117 
 
534,205 
 
1,458,009 
 
1,500,906 
 
2,873,679 
 
86,000 
 
832,589 
 
- 
 
10,083 
 
27,497,531 
 
29,293,554 
 
25,663 
 
54,640 
 
- 
 
664,654 
 
- 
 
213,154 
 
4,742,176 
 
6,479,970 
 
383,330 
 
1,195,367 
 
2,519,268 
 
3,818,574 
 
580,902 
 
2,863,712 
 
788,445 
 
1,706,177 
 
1,418,099 
 
2,298,673 
 
613,703 
 
2,309,667 
 
327,289 
 
1,377,664 
 
2,908,159 
 
1,013,477 
 
1,479,566 
 
3,580,971 
 
6,500,000 
 
10,816,249 
 
3,816,562 
 
4,525,660 
 
361,762 
 
1,495,917 
 
85,000 
 
112,967 
 
876,158 $ 596,148 311,269 1,225,697 558,148 566,686 933,286 750,621 703,466 551,509 566,331 938,893 818,355 775,944 940,815 1,161,044 915,562 916,197 2,255,323 4,752,540 801,780 1,113,678 269,080 490,714 
713,395 1,073,198 1,081,790 478,111 1,037,741 985,474 945,218 646,823 886,710 890,472 5,887,137 627,173 588,445 934,626 944,883 1,151,471 2,103,609 625,711 648,717 827,585 1,826,123 766,069 
1,900,583 
20,828 479,873 178,388 3,372,186 755,545 3,352,856 1,643,394 711,862 646,987 1,602,860 877,614 809,897 1,898,207 6,814,968 775,883 1,040,168 
18,728 
 
386,847 $ 174,691 
64,745 531,272 268,383 206,576 331,680 243,932 189,346 138,375 158,478 425,870 266,622 352,634 194,224 
94,642 371,308 1,057,346 3,823,841 354,839 485,456 91,561 192,278 
258,049 335,830 330,481 128,450 357,634 250,217 414,011 130,582 267,158 301,294 1,693,787 283,975 
98,444 365,016 378,585 328,988 1,593,540 125,646 180,780 340,586 1,029,271 172,735 
897,806 
20,055 329,943 137,991 2,823,181 287,788 1,039,042 571,543 187,413 277,158 632,956 256,935 354,658 977,446 4,813,790 127,760 410,352 
2,423 
 
-$ 72,353 15,024 191,504 
2,970 2,970 
142,401 273,084 
4,554 1,782 31,180 135,673 3,960 100,829 23,019,474 59,346 23,606 972,905 1,050,010 3,762 71,466 41,898 27,095 
3,960 5,354 104,297 3,168 21,549 6,436 141,511 2,970 11,606 8,393 28,978,857 61,544 41,796 74,663 
145 374,097 131,943 3,762 4,554 827,358 4,697 
111,783 
109,859 
979,952 
34,117 21,034 494,177 48,076 13,339 417,565 103,796 76,930 338,603 90,092 134,618 
4,356 85,827 
 
518,981 451,866 159,001 644,562 188,488 265,440 347,094 793,383 269,835 499,354 66,785 471,280 588,309 198,031 
31,110 2,711,212 
372,897 483,632 25,094,946 1,396,971 375,651 1,021,586 225,805 1,426,848 29,491,280 760,885 581,305 862,771 759,433 1,615,857 3,389,435 892,771 
86,386 686,014 310,006 4,031,459 532,067 129,559 339,766 1,490,977 265,186 119,905 3,855,520 485,638 625,870 220,198 
61,823 10,083 27,281,188 33,812 74,922 34,766 2,127,832 405,705 444,684 726,141 946,239 1,638,347 289,242 396,254 126,650 1,344,161 3,911,189 3,615,159 451,393 
8,412 
 
113 
 
 COBB COUNTY SCHOOL DISTRICT SPLOST 4 - SPECIAL PURPOSE LOCAL OPTION SALES TAX PROJECTS FISCAL YEAR 2016 
 
LOCATION/DESCRIPTION 
LaBelle ES Lassiter HS Lewis ES Lindley 6th Grade Academy Lindley MS Lost Mountain MS Lovinggood MS Mableton Replacement ES Mabry MS Maintenance Facility Argo Road Mars Hill Road Bus Shop Martha Moore Education Center McCall Primary McCleskey MS McClure MS McEachern HS Milford ES Mount Bethel ES Mountain View ES Mountain View Replacement ES Murdock ES Nicholson ES Nickajack ES North Cobb HS Norton Park ES Oakwood School Osborne Hs Osborne Replacement HS Palmer MS Pebblebrook HS Pickett's Mill ES Pine Mountain MS Pitner ES Pitts Transportation Center Pope HS Powder Springs ES Powers Ferry ES Riverside Intermediate Riverside Primary Rocky Mount ES Russell ES Sanders ES Sedalia Park ES Shallowford Falls ES Simpson MS Smitha MS Smyrna ES Sope Creek ES South Cobb HS Sprayberry HS Still ES Systemwide Tapp MS Teasley ES Timber Ridge ES Tritt ES Varner ES Vaughan ES Walton HS Walton Replacement HS Wheeler HS 440 Annex 440 Glover Street 514 Glover Street 538 Glover Street 590 Commerce Park Drive 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 3,744,478 2,695,904 23,330,216 
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 
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 06/30/16 
 
1,011,307 
 
639,055 
 
15,333,783 
 
2,117,838 
 
1,513,585 
 
818,101 
 
1,586,925 
 
542,044 
 
1,357,682 
 
676,154 
 
9,247,602 
 
7,647,038 
 
1,344,124 
 
909,373 
 
1,022,649 
 
300,351 
 
2,191,574 
 
959,643 
 
25,000 
 
20,480 
 
2,876 
 
2,876 
 
14,682 
 
14,682 
 
649,048 
 
403,708 
 
3,157,597 
 
478,090 
 
1,252,864 
 
1,121,014 
 
10,886,711 
 
8,097,335 
 
736,133 
 
644,757 
 
4,758,538 
 
757,619 
 
768,323 
 
682,044 
 
32,200,758 
 
8,553,157 
 
1,173,791 
 
821,771 
 
1,219,195 
 
590,099 
 
3,224,769 
 
879,692 
 
25,542,093 
 
2,931,071 
 
1,867,823 
 
871,489 
 
702,388 
 
314,579 
 
2,501,649 
 
1,827,223 
 
32,180,926 
 
70,799 
 
1,191,330 
 
1,009,475 
 
6,473,345 
 
2,906,223 
 
999,014 
 
707,202 
 
3,594,727 
 
772,246 
 
1,103,225 
 
731,663 
 
29,981,361 
 
17,005,205 
 
28,481,746 
 
3,596,111 
 
1,553,539 
 
1,337,872 
 
697,464 
 
448,080 
 
1,188,100 
 
1,063,093 
 
807,489 
 
583,283 
 
1,424,373 
 
598,069 
 
1,890,165 
 
703,216 
 
1,839,881 
 
818,225 
 
855,569 
 
773,253 
 
1,243,621 
 
853,368 
 
1,490,474 
 
692,978 
 
2,520,987 
 
1,433,620 
 
679,734 
 
289,565 
 
4,608,281 
 
1,039,982 
 
14,057,628 
 
1,738,412 
 
2,916,637 
 
1,614,199 
 
1,347,018 
 
838,533 
 
64,295,293 
 
3,919,696 
 
5,942,339 
 
845,772 
 
6,028,945 
 
5,139,154 
 
1,349,419 
 
713,754 
 
4,364,483 
 
895,925 
 
1,341,524 
 
1,056,684 
 
1,413,198 
 
713,635 
 
2,131,969 
 
829,398 
 
53,494,595 
 
25,774,833 
 
27,988,835 
 
26,735,478 
 
141,146 
 
- 
 
9,262,162 
 
4,358,075 
 
1,044,700 
 
820,640 
 
36,066 
 
33,194 
 
41,391 
 
41,391 
 
717,844,707 $ 233,484,136 $ 
 
Expended FY16 
205,974 798,135 348,934 176,856 
92,866 4,193,559 
151,614 95,705 
384,766 20,480 2,876 84,657 93,247 
492,573 6,760,138 
245,891 262,944 212,225 3,763,559 325,819 228,011 371,032 1,829,678 316,063 178,250 852,823 
70,799 446,834 1,622,392 257,748 265,258 206,939 5,556,481 2,694,302 760,005 170,262 509,814 229,811 255,412 191,008 259,576 329,378 165,053 159,078 848,837 73,849 354,406 771,839 720,920 317,097 1,915,971 354,485 1,393,310 275,629 289,747 451,452 119,423 229,143 21,324,459 11,471,048 
1,971,818 
538,821 33,194 41,391 
114,053,909 
 
Encumbered 
 
as of 6/30/16 
 
Uncommitted 
 
2,970 
 
369,282 
 
89,867 
 
13,126,078 
 
2,970 
 
692,514 
 
7,192 
 
1,037,689 
 
306,422 
 
375,106 
 
947,537 
 
653,027 
 
83,920 
 
350,831 
 
29,674 
 
692,624 
 
716,890 
 
515,041 
 
- 
 
4,520 
 
- 
 
- 
 
- 
 
- 
 
162,600 
 
82,740 
 
88,608 
 
2,590,899 
 
- 
 
131,850 
 
1,903,497 
 
885,879 
 
2,772 
 
88,604 
 
417,361 
 
3,583,558 
 
(25,140) 
 
111,419 
 
20,775,930 
 
2,871,671 
 
5,232 
 
346,788 
 
34,689 
 
594,407 
 
108,023 
 
2,237,054 
 
415,343 
 
22,195,679 
 
69,014 
 
927,320 
 
4,058 
 
383,751 
 
420,199 
 
254,227 
 
1,345,183 
 
30,764,944 
 
- 
 
181,855 
 
1,672,203 
 
1,894,919 
 
3,366 
 
288,446 
 
- 
 
2,822,481 
 
4,794 
 
366,768 
 
9,549,527 
 
3,426,629 
 
22,885,308 
 
2,000,327 
 
3,762 
 
211,905 
 
2,376 
 
247,008 
 
10,554 
 
114,453 
 
79,947 
 
144,259 
 
165,823 
 
660,481 
 
9,185 
 
1,177,764 
 
4,158 
 
1,017,498 
 
4,158 
 
78,158 
 
79,505 
 
310,748 
 
- 
 
797,496 
 
- 
 
1,087,367 
 
60,165 
 
330,004 
 
264,431 
 
3,303,868 
 
300,877 
 
12,018,339 
 
364,193 
 
938,245 
 
3,564 
 
504,921 
 
- 
 
60,375,597 
 
167,020 
 
4,929,547 
 
57,148 
 
832,643 
 
28,574 
 
607,091 
 
64,367 
 
3,404,191 
 
3,168 
 
281,672 
 
2,772 
 
696,791 
 
51,253 
 
1,251,318 
 
25,856,404 
 
1,863,358 
 
365,031 
 
888,326 
 
30,179 
 
110,967 
 
81,017 
 
4,823,070 
 
20,114 
 
203,946 
 
- 
 
2,872 
 
- 
 
- 
 
$ 150,234,384 $ 334,126,187 
 
114 
 
 (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, implementation of GASB Statements No. 63 and 65 as of July 1, 2012, and implementation of GASB statements No. 68 and 71 as of July 1, 2014. 
115 
 
 COBB COUNTY SCHOOL DISTRICT NET POSITION BY COMPONENT LAST TEN FISCAL YEARS 
(amounts expressed in thousands) 
 
Net Position Components 
Investment in Capital Assets 
Restricted for: Debt Service Fund Capital Projects Fund School Nutrition Service Fund Miscellaneous Grants 
Unrestricted (Deficit) 
Total Net Position 
 
June 30, 2007 
 
$ 
 
877,694 
 
Fiscal Year 
 
June 30, 2008 
 
June 30, 2009 
 
$ 1,054,860 $ 1,060,388 
 
June 30, 2010 $ 1,054,911 
 
11,785 - 
319,370 
 
1,826 - 
227,758 
 
1,523 - 
244,178 
 
1,356 - 
285,849 
 
$ 1,208,849 $ 1,284,444 $ 1,306,089 $ 1,342,116 
 
Source: District Records 
 
116 
 
 June 30, 2011 $ 1,066,545 
 
June 30, 2012 $ 1,230,853 
 
Fiscal Year 
 
June 30, 2013 
 
June 30, 2014 
 
$ 1,262,788 $ 1,256,656 
 
June 30, 2015 $ 1,329,345 
 
June 30, 2016 $ 1,371,599 
 
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 
 
$ 1,423,469 $ 1,454,691 $ 1,483,473 $ 1,543,463 $ 
 
92,760 19,295 
43 (710,349) 
731,094 $ 
 
117,940 
19,200 64 
(701,830) 
806,973 
 
117 
 
 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, 2007 
 
Fiscal Year 
 
June 30, 2008 
 
June 30, 2009 
 
June 30, 2010 
 
$ 
 
690,562 
 
25,523 
 
38,970 
 
171,343 
 
45,646 
 
55,836 
 
- 
 
- 
 
4,606 
 
$ 1,032,486 
 
$ 
 
729,888 
 
27,550 
 
48,324 
 
186,033 
 
49,432 
 
58,822 
 
- 
 
- 
 
2,413 
 
$ 1,102,462 
 
$ 
 
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 
 
$ 
 
1,205 $ 
 
1,481 $ 
 
1,276 $ 
 
1,184 
 
6 
 
11 
 
11 
 
10 
 
44,245 
 
44,199 
 
43,557 
 
41,142 
 
893 
 
1,110 
 
2,254 
 
1,332 
 
- 
 
- 
 
- 
 
- 
 
481,508 34,884 
 
501,582 866 
 
468,115 2,739 
 
491,465 199 
 
$ 
 
562,741 $ 
 
549,249 $ 
 
517,952 $ 
 
535,332 
 
$ (469,745) $ (553,213) $ (589,363) $ (553,643) 
 
$ 
 
445,840 $ 
 
466,320 $ 
 
482,690 $ 
 
470,456 
 
22,473 
 
1,415 
 
142 
 
52 
 
129,099 
 
128,043 
 
110,242 
 
112,395 
 
14,178 
 
17,428 
 
7,307 
 
2,323 
 
- 
 
- 
 
- 
 
- 
 
21,231 
 
15,070 
 
5,931 
 
2,979 
 
4 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
523 
 
532 
 
876 
 
953 
 
$ 
 
633,348 $ 
 
628,808 $ 
 
607,188 $ 
 
589,158 
 
- 
 
- 
 
- 
 
512 
 
$ 
 
163,603 $ 
 
75,595 $ 
 
17,825 $ 
 
36,027 
 
Source: District Records 
118 
 
 June 30, 2011 
 
June 30, 2012 
 
Fiscal Year 
 
June 30, 2013 
 
June 30, 2014 
 
June 30, 2015 
 
June 30, 2016 
 
$ 
 
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 
 
$ 
 
704,451 
 
27,468 
 
47,475 
 
173,717 
 
49,975 
 
53,469 
 
- 
 
32,164 
 
- 
 
$ 1,088,719 
 
$ 
 
754,427 
 
31,201 
 
45,668 
 
186,859 
 
52,503 
 
59,762 
 
- 
 
31,116 
 
- 
 
$ 1,161,536 
 
$ 
 
1,241 $ 
 
1,068 $ 
 
1,101 $ 
 
913 $ 
 
1,121 $ 
 
1,192 
 
13 
 
11 
 
10 
 
13 
 
10 
 
11 
 
27,312 
 
27,921 
 
29,104 
 
28,035 
 
27,963 
 
29,008 
 
909 
 
983 
 
1,842 
 
2,004 
 
1,830 
 
1,127 
 
28,721 
 
29,402 
 
28,608 
 
30,970 
 
31,193 
 
31,169 
 
518,300 541 
 
478,937 30,832 
 
504,819 7,524 
 
512,800 8,085 
 
545,592 5,867 
 
579,489 18,902 
 
$ 
 
577,037 $ 
 
569,154 $ 
 
573,008 $ 
 
582,820 $ 
 
613,576 $ 
 
660,898 
 
$ (473,336) $ (504,986) $ (495,476) $ (472,040) $ (475,143) $ (500,638) 
 
$ 
 
423,694 $ 
 
405,965 $ 
 
400,271 $ 
 
404,759 $ 
 
421,043 $ 
 
443,533 
 
43 
 
- 
 
- 
 
- 
 
- 
 
- 
 
113,739 
 
122,557 
 
121,008 
 
121,712 
 
126,923 
 
128,980 
 
1,475 
 
1,079 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
3,070 
 
2,076 
 
1,632 
 
1,697 
 
1,352 
 
1,242 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
516 
 
- 
 
175 
 
- 
 
- 
 
2,962 
 
4,015 
 
1,347 
 
3,687 
 
1,769 
 
2,762 
 
$ 
 
544,983 $ 
 
536,208 $ 
 
524,258 $ 
 
532,030 $ 
 
551,087 $ 
 
576,517 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 
 
71,647 $ 
 
31,222 $ 
 
28,782 $ 
 
59,990 $ 
 
75,944 $ 
 
75,879 
 
119 
 
 COBB COUNTY SCHOOL DISTRICT FUND BALANCES, GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS 
(amounts expressed in thousands) 
 
General Fund Reserved Unreserved Nonspendable Restricted Committed Assigned Unassigned 
Total General Fund 
 
June 30, 2007 
 
Fiscal Year 
 
June 30, 2008 
 
June 30, 2009 
 
June 30, 2010 
 
$ 
 
28,335 $ 
 
26,739 $ 
 
114,566 
 
101,848 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
$ 
 
142,901 $ 
 
128,587 $ 
 
2,714 $ 77,575 
- 
80,289 $ 
 
5,823 79,783 
- 
85,606 
 
All Other Governmental Funds 
 
Reserved 
 
$ 
 
Unreserved, reported in: 
 
Special Revenues Funds 
 
Capital Projects Funds 
 
Nonspendable 
 
Restricted 
 
Committed 
 
Assigned 
 
Unassigned 
 
Total All Other Governmental Funds $ 
 
61,017 $ 
22,063 (18,507) 
64,573 $ 
 
21,580 $ 
22,627 53,105 
97,312 $ 
 
24,165 $ 
20,470 115,594 
160,229 $ 
 
67,008 
22,966 108,716 
198,690 
 
(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 
120 
 
 June 30, 2011 (a) June 30, 2012 
 
Fiscal Year 
 
June 30, 2013 
 
June 30, 2014 
 
June 30, 2015 
 
June 30, 2016 
 
$ 
 
-$ 
 
-$ 
 
-$ 
 
-$ 
 
-$ 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
324 
 
353 
 
674 
 
676 
 
844 
 
1,004 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
5,000 
 
10,000 
 
8,200 
 
46,256 99,863 
 
34,396 98,637 
 
59,272 75,349 
 
47,596 89,510 
 
31,050 90,588 
 
20,342 74,840 
 
$ 
 
146,443 $ 
 
133,386 $ 
 
135,295 $ 
 
142,782 $ 
 
132,482 $ 
 
104,386 
 
$ 
 
-$ 
 
- 
 
- 
 
1,365 
 
136,076 
 
11,646 
 
11,893 
 
- 
 
$ 
 
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 $ 
 
-$ 
1,844 110,264 14,990 1,468 (9) 128,557 $ 
 
- 
1,922 135,367 16,169 1,487 (5) 154,940 
 
121 
 
 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 
 
2007 
$ 593,038 529,965 34,488 21,231 4 397 782 
1,179,905 
 
Fiscal Year 
 
2008 
 
2009 
 
$ 589,915 519,632 34,795 15,070 1 631 735 
1,160,779 
 
$ 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 
 
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 
 
653,593 23,117 37,193 
154,002 40,328 55,007 - 
131,234 
49,699 6,092 
1,150,265 
 
700,308 25,206 46,992 
167,644 45,002 58,119 92,901 
1,810 2,413 1,140,395 
 
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 
 
Excess (Deficiency) of Revenues Over (Under) Expenditures 
 
29,640 
 
20,384 
 
16,636 
 
40,491 
 
Other Financing Sources (Uses): Transfers-In Transfers-Out Proceeds from Sale of Capital Assets Proceeds from Capital Lease Agreements 
Total Other Financing Sources (Uses) 
 
25,953 (27,730) 
340 9,865 
8,428 
 
6,345 (8,476) 
172 - 
(1,959) 
 
3,576 (5,696) 
103 - 
(2,017) 
 
3,492 (4,271) 
114 - 
(665) 
 
Extraordinary Item: Proceeds from Insurance Recovery 
 
- 
 
- 
 
- 
 
3,952 
 
Net Change in Fund Balances 
 
$ 
 
38,068 $ 
 
18,425 $ 
 
14,619 $ 
 
43,778 
 
Non-Capitalized Expenditures Capitalized Expenditures Total Expenditures 
Debt Service as a Percentage of Non-Capitalized Expenditures 
 
$ 1,028,751 121,514 
$ 1,150,265 
 
$ 1,055,849 84,546 
$ 1,140,395 
 
$ 1,050,220 38,718 
$ 1,088,938 
 
$ 1,019,111 45,848 
$ 1,064,959 
 
5.42% 
 
0.40% 
 
0.73% 
 
- 
 
Source: District Records 
 
122 
 
 2011 
$ 540,938 520,316 54,410 3,070 466 3,320 2,753 
1,125,273 
 
2012 
$ 530,686 510,582 55,448 2,325 526 3,410 4,016 
1,106,993 
 
Fiscal Year 
 
2013 
 
2014 
 
$ 518,604 512,258 56,088 1,717 1,383 3,194 1,347 
1,094,591 
 
$ 527,683 520,737 57,170 1,846 1,545 3,219 3,687 
1,115,887 
 
2015 
$ 548,738 552,431 57,750 1,578 1,353 3,013 1,769 
1,166,632 
 
2016 
$ 572,621 599,546 59,022 1,516 647 2,749 2,481 
1,238,582 
 
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 
 
675,310 25,373 46,245 
172,304 45,583 63,466 458 32,164 - 
134,408 
1,195,311 
 
720,608 29,098 44,343 
185,351 47,943 66,190 465 31,116 - 
115,357 
1,240,471 
 
14,651 
 
(79,649) 
 
(5,765) 
 
67,642 
 
(28,679) 
 
(1,889) 
 
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) 
 
1,993 (2,438) 
126 - 
(319) 
 
4,041 (4,486) 
621 - 
176 
 
- 
 
$ 
 
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 
 
$ 989,861 58,384 
$ 1,048,245 
 
- 
 
- 
 
$ (28,998) $ 
 
(1,713) 
 
$ 1,051,784 143,527 
$ 1,195,311 
 
$ 1,119,674 120,797 
$ 1,240,471 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
123 
 
 COBB COUNTY SCHOOL DISTRICT PROPERTY TAX LEVIES AND COLLECTIONS JUNE 30, 2016 
 
Property Taxes Collected and Balances Receivable 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
General Fund Collections 
 
Balance Receivable 
 
2015 
 
amounts in thousands 
$500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 2016 
 
Balances as of June 30, 2015 (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 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
2016 
 
Total 
 
$ 468,234 $ 428,077 $ 403,777 $ 394,842 $ 385,590 $ 398,979 $ 413,425 $ 2,892,924 
 
460,995 422,494 399,261 391,485 383,051 397,014 411,807 2,866,107 
 
98.45% 98.70% 98.88% 99.15% 99.34% 99.51% 99.61% 
 
99.07% 
 
$ 6,857 $ 5,253 $ 4,233 $ 3,112 $ 2,253 $ 1,220 $ 
 
- $ 22,928 
 
467,852 427,747 403,494 394,597 385,304 398,234 411,807 2,889,035 
 
$ 382 $ 330 $ 283 $ 245 $ 286 $ 745 $ 1,618 $ 3,889 
 
99.92% 99.92% 99.93% 99.94% 99.93% 99.81% 99.61% 
 
99.87% 
 
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 
 
124 
 
 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 2007 
 
2008 
 
2009 2010 Motor Vehicles 
 
2011 2012 Public Services 
 
2013 2014 2015 Maint & Operations 
 
2016 
 
(amounts expressed in thousands) Net M&O 
 
Net Bond 
 
For Maintenance & Operations of Schools 
 
For Debt Service of School Bonds 
 
Fiscal Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Real Property $ 18,981,827 
20,510,838 21,420,500 21,007,134 18,958,062 17,573,940 16,898,249 16,352,749 17,266,640 18,421,285 
 
Personal Property $ 1,344,532 
1,343,632 1,451,112 1,424,923 1,352,078 1,357,140 1,374,209 1,439,170 1,607,722 1,607,041 
 
Real Property $ 20,349,394 
- 
 
Personal Property $ 1,344,532 
- 
 
Public 
 
Total Assessed 
 
Services Motor Vehicle 
 
Value 
 
$ 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 
 
870,412 1,365,200 
 
21,109,974 
 
855,371 
 
990,609 
 
21,874,329 
 
Direct Estimated Rate Actual Value 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 1.890% 52,774,935 1.890% 54,685,822 
 
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; however, 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 
 
125 
 
 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 2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
School District 
 
2012 
 
2013 
 
County Government 
 
2014 
 
2015 
 
2016 
 
(all tax rates are per $1000 assessed valuation) 
 
Fiscal Year 
 
2007 2008 
 
School District Maint & Operations Debt Service 
 
19.00 0.90 
 
18.90 - 
 
Total Direct Rate 
 
19.90 18.90 
 
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 
 
2015 
18.90 - 
18.90 
 
2016 
18.90 - 
18.90 
 
County Government General Fire District Debt Service Total County Rate 
State of Georgia 
Total Overlapping Rate 
 
6.82 
 
6.82 
 
6.82 
 
6.82 
 
6.82 
 
7.72 
 
7.72 
 
7.52 
 
7.32 
 
7.12 
 
2.56 
 
2.56 
 
2.56 
 
2.56 
 
2.56 
 
3.06 
 
3.06 
 
3.06 
 
3.06 
 
3.06 
 
0.22 
 
0.22 
 
0.22 
 
0.22 
 
0.22 
 
0.33 
 
0.33 
 
0.33 
 
0.33 
 
0.33 
 
9.60 
 
9.60 
 
9.60 
 
9.60 
 
9.60 11.11 11.11 10.91 10.71 10.51 
 
0.25 
 
0.25 
 
0.25 
 
0.25 
 
0.25 
 
0.25 
 
0.20 
 
0.15 
 
0.10 
 
0.05 
 
9.85 
 
9.85 
 
9.85 
 
9.85 
 
9.85 11.36 11.31 11.06 10.81 10.56 
 
Additional Overlapping Rates 
 
City of Acworth 
 
7.68 
 
7.60 
 
7.60 
 
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 
 
4.00 
 
4.00 
 
3.06 
 
3.06 
 
City of Kennesaw 
 
8.25 
 
9.50 
 
9.50 
 
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 
 
9.17 
 
8.99 
 
8.99 
 
8.99 
 
8.99 
 
8.99 
 
8.99 
 
8.99 
 
8.99 
 
8.99 
 
Note: Maintenance and operations tax for schools has a cap of 18.90 mils. 
 
Source: Cobb County Government, Georgia Department of Revenue 
126 
 
 COBB COUNTY SCHOOL DISTRICT PRINCIPAL PROPERTY TAXPAYERS DECEMBER 31, 2015 AND NINE YEARS AGO 
Principal Property Taxpayers - 2015 
 
7.00% 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 
 
Inland Properties Interstate North Office Park LP UK Lasalle Inc. Cobb EMC CP Venture Five, LLC Ohio Teacher Retirement Fund Lockheed Martin Corporation AT&T/Bellsouth Home Depot Georgia Power 
 
Taxpayer Georgia Power Home Depot AT&T/Bellsouth Lockheed Martin Corporation Ohio Teacher Retirement Fund CP Venture Five, LLC Cobb EMC UK Lasalle Inc. Interstate North Office Park LP Inland Properties Post Properties Wildwood Associates 3200 Windy Hill Rd Investments Cousins Properties 
TOTAL 
 
Type of Business Utilities Retail Telecommunications Aircraft Investment Real Estate Utilities Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate 
 
December 31, 2015 
 
Percent 
 
of Total 
 
Taxes 
 
Taxes 
 
Rank Levied 
 
Levied 
 
1 $ 9,348,065 
 
2.261% 
 
2 
 
4,376,326 
 
1.059% 
 
3 
 
3,261,827 
 
0.789% 
 
4 
 
1,944,521 
 
0.470% 
 
5 
 
1,910,053 
 
0.462% 
 
6 
 
1,697,362 
 
0.411% 
 
7 
 
1,670,981 
 
0.404% 
 
8 
 
1,345,195 
 
0.325% 
 
9 
 
1,201,050 
 
0.291% 
 
10 
 
1,103,607 
 
0.267% 
 
December 31, 2006 
 
Percent 
 
of Total 
 
Taxes 
 
Taxes 
 
Rank Levied 
 
Levied 
 
3 $ 2,131,000 
 
0.474% 
 
1 
 
3,767,000 
 
0.837% 
 
2 
 
2,397,000 
 
0.533% 
 
7 
 
1,541,000 
 
0.343% 
 
6 
 
1,688,000 
 
0.375% 
 
8 
 
1,326,000 
 
0.295% 
 
4 
 
2,079,000 
 
0.462% 
 
5 
 
2,023,000 
 
0.450% 
 
9 
 
1,211,000 
 
0.269% 
 
10 
 
1,177,000 
 
0.262% 
 
$ 27,858,987 
 
6.739% 
 
$ 18,163,000 
 
4.038% 
 
Note: School millage rate is 64% of total county rate. Total taxes levied are multiplied by 64% to arrive at amount of school taxes. 
Information is available only by calendar year; therefore, data reported is for December 31, 2015 and nine years earlier, December 31, 2006. Source: Office of Tax Commissioner, Cobb County, GA 
 
127 
 
 COBB COUNTY SCHOOL DISTRICT LEGAL DEBT MARGIN INFORMATION LAST TEN FISCAL YEARS 
(amounts expressed in thousands) 
 
Debt Limit Total debt applicable to limit 
 
2007 $ 2,393,278 
- 
 
2008 $ 2,418,538 
- 
 
Fiscal Year 
 
2009 
 
2010 
 
$ 2,528,743 $ 2,477,428 
 
- 
 
- 
 
2011 $ 2,264,959 
- 
 
Legal Debt Margin 
 
$ 2,393,278 $ 2,418,538 $ 2,528,743 $ 2,477,428 $ 2,264,959 
 
Total debt applicable 
 
as a percentage of 
 
debt limit 
 
- 
 
- 
 
- 
 
- 
 
- 
 
Debt Limit Total debt applicable to limit 
 
2012 $ 2,136,385 
- 
 
2013 $ 2,089,113 
- 
 
Fiscal Year 2014 
$ 2,040,157 
- 
 
2015 $ 2,110,997 
- 
 
2016 $ 2,187,433 
- 
 
Legal Debt Margin 
 
$ 2,136,385 $ 2,089,113 $ 2,040,157 $ 2,110,997 $ 2,187,433 
 
Total debt applicable 
 
as a percentage of 
 
debt limit 
 
- 
 
- 
 
- 
 
- 
 
- 
 
Source: District Records 
 
128 
 
 COBB COUNTY SCHOOL DISTRICT LEGAL DEBT MARGIN INFORMATION FISCAL YEAR 2016 
Legal Debt Information - Fiscal Year 2016 
$0 
 
$2,187,433 
 
Total Amount of Debt Applicable to Debt Limit Legal Debt Margin 
 
(amounts expressed in thousands) 
 
Net Assessed Valuation, Cobb County School District, 
 
January 1, 2015 
 
$ 
 
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 
 
129 
 
21,874,329 
2,187,433 - 
2,187,433 
 
 COBB COUNTY SCHOOL DISTRICT RATIOS OF OUTSTANDING DEBT BY TYPE LAST TEN FISCAL YEARS 
Debt Per Capita 
$50 
 
$- 
 
2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
2016 
 
(amounts expressed in thousands, except per capita) 
 
Total 
 
General 
 
Primary 
 
Fiscal Obligation 
 
Capital 
 
Government 
 
Year 
 
Bonds 
 
Leases 
 
Debt 
 
Annual Personal Income 
 
2007 $ 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
-$ - 
 
9,186 $ 7,376 
- 
 
9,186 $ 7,376 
- 
 
29,673,178 31,428,153 31,709,070 30,016,575 30,246,898 31,981,653 33,662,185 34,419,921 36,192,750 36,400,450 
 
Population 
606,706 615,377 617,750 618,206 633,084 642,143 649,141 658,101 670,967 682,267 
 
Debt as a Percentage of Personal 
Income 
0.03% 0.02% 
- 
 
Notes: 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 682,267 provided by the US Census Bureau (July 1, 2015 estimate); excludes the City of Marietta. 
Annual Personal Income data is as of December 31st of the fiscal year. 
Sources: District Records, Annual Personal Income: US Department of Commerce Bureau of Economic Analysis. 
 
Total Debt Per Capita 
 
$ 
 
15 
 
12 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
130 
 
 COBB COUNTY SCHOOL DISTRICT RATIO OF NET GENERAL BONDED DEBT TO ESTIMATED ACTUAL VALUE AND NET BONDED DEBT PER CAPITA LAST TEN FISCAL YEARS 
 
100.00% 
 
Ratio of Net Bonded Debt to Estimated Actual Value 
 
90.00% 
 
80.00% 
 
70.00% 
 
60.00% 
 
50.00% 
 
40.00% 
 
30.00% 
 
20.00% 
 
10.00% 
 
0.00% 2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
2016 
 
Fiscal Year 
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Population 
 
Estimated Actual Value 
 
606,706 $ 59,831,937,000 $ 
 
615,377 60,463,438,000 
 
617,750 63,218,563,000 
 
618,206 61,935,688,000 
 
633,084 56,623,969,000 
 
642,143 53,409,628,000 
 
649,141 52,227,822,000 
 
658,101 51,003,931,000 
 
670,967 52,774,935,000 
 
682,267 54,685,822,000 
 
Gross Bonded Debt 
 
Restricted for Bonded 
Debt 
 
-$ 
 
2,599,000 $ 
 
- 
 
1,826,000 
 
- 
 
1,523,000 
 
- 
 
1,356,000 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
Note: All general obligation bonds were retired in fiscal year 2007. Population provided by US Census Bureau (2015 estimate); excludes the City of Marietta. 
 
Net Bonded 
Debt 
 
Ratio of Net Net Bonded Debt Bonded 
to Est. Debt Per Actual Value Capita 
 
- 
 
-$ - 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
131 
 
 COBB COUNTY SCHOOL DISTRICT COMPUTATION OF DIRECT AND OVERLAPPING GENERAL OBLIGATION DEBT JUNE 30, 2016 
Direct and Overlapping Debt Per Capita 
$0 
 
$15 
 
Direct: Cobb County Schools 
 
Indirect: Cobb County Government 
 
Direct General Obligation Debt: Gross Bonded Debt 
 
$ 
 
-$ 
 
- 
 
Overlapping General Obligation Debt: Cobb County Government (95% of $10,490,000) 
Total Direct and Overlapping General Obligation Debt 
Debt Per Capita:* Direct General Obligation Debt Overlapping General Obligation Debt Total 
 
$ 9,965,500 $ $ 
$ $ 
 
9,965,500 9,965,500 
15 15 
 
*Population of 682,267 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. 
132 
 
 COBB COUNTY SCHOOL DISTRICT COBB COUNTY DEMOGRAPHIC AND ECONOMIC STATISTICS LAST TEN CALENDAR YEARS 
 
760,000 
 
Cobb County Population Growth 
 
740,000 
 
720,000 
 
700,000 
 
680,000 
 
660,000 
 
640,000 
 
620,000 2006 
 
2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
Calendar Year 
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 
 
Personal Income Population (In Thousands) 
661,913 $ 29,673,178 670,438 31,428,153 679,822 31,709,070 684,776 30,016,575 689,655 30,246,898 697,277 31,981,653 707,277 33,662,185 717,190 34,419,921 730,981 36,192,750 741,334 36,400,450 
 
Per Capita Personal Income 
$ 44,829 46,877 46,643 43,834 43,858 45,866 47,594 47,993 49,513 49,101 
 
Median Household 
Income 
$ 61,682 64,817 70,472 63,514 59,896 57,995 65,423 66,300 68,656 70,246 
 
Median Age 
35.6 35.9 36.2 34.8 35.4 35.6 35.4 36.1 36.2 36.3 
 
Student Enrollment 
106,572 106,056 105,742 106,488 106,836 106,502 107,914 109,529 111,060 111,848 
 
Unemployment Rate 
4.1% 3.8% 5.6% 8.8% 9.7% 8.9% 8.0% 7.1% 6.0% 5.0% 
 
Notes: Student Enrollment is based on the data for the end of the school year which is subsequent to the calendar year end. 
Souces: Population (includes city of Marietta), Personal Income, and Per Capita Personal Income from US Bureau of Economic Analysis. 
Median Household Income and Unemployment Rate from Georgia Department of Labor (HUD and US Census Bureau estimates). 
Median Age from US Census Bureau. 
 
133 
 
 COBB COUNTY SCHOOL DISTRICT PRINCIPAL EMPLOYERS CURRENT YEAR AND NINE YEARS AGO 
Principal Employers - 2015 
 
70,000 60,000 50,000 40,000 30,000 20,000 10,000 
- 
 
Six Flags Over Georgia Brand Energy& Infastructure Holdings Publix Super Markets Caraustar Industries 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 Caraustar Industries Publix Super Markets Brand Energy& Infastructure Holdings Six Flags Over Georgia Naval Air Station Atlanta Dobbins Air Force Base 
Total 
 
Rank 1 2 3 4 5 6 7 8 9 10 
 
2015 
Employees 14,930 14,000 12,000 6,000 5,146 5,068 3,800 3,546 2,803 2,370 
69,663 
 
Percentage of Total County 
Employment 3.72% 3.48% 2.99% 1.49% 1.28% 1.26% 0.95% 0.88% 0.70% 0.59% 
17.34% 
 
Rank 1 2 3 4 7 5 
6 
9 8 10 
 
2006 
Employees 14,956 11,127 7,000 6,938 3,254 4,958 
 
Percentage of Total County 
Employment 4.13% 3.07% 1.93% 1.91% 0.90% 1.37% 
 
3,381 
 
0.93% 
 
2,718 2,991 2,359 
59,682 
 
0.75% 0.83% 0.65% 
16.47% 
 
Information is available by calendar year; therefore, data reported is for years ended December 31, 2015, and nine years earlier, December 31, 2006. Principal Employers within the county provided by 2015 and 2006 Cobb County Government CAFRs. School District employee totals include each employee in his/her primary job position only. 
Sources: District Records, Cobb County Government, US Bureau of Labor Statistics 
 
134 
 
 COBB COUNTY SCHOOL DISTRICT COMPARISON OF METROPOLITAN ATLANTA SCHOOL DISTRICT PROPERTY TAX RATES JUNE 30, 2016 
 
METRO ATLANTA SCHOOL DISTRICT TAX RATES 
 
30.000 
 
25.000 
 
20.000 
 
15.000 
 
10.000 
 
5.000 
 
0.000 
 
Atlanta Clayton Cobb City County County 
 
Dekalb Douglas Fulton Gwinnett Marietta Rockdale County County County County City County 
 
School Millage Rates 
 
(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 19.095 18.900 23.730 21.100 18.502 21.850 17.970 25.320 
 
Source: Georgia Department of Revenue 
 
Maintenance & Operations 
21.640 19.095 18.900 23.730 19.850 18.502 19.800 17.970 25.320 
 
135 
 
Debt Service 0.100 0.000 0.000 0.000 1.250 0.000 2.050 0.000 0.000 
 
 COBB COUNTY SCHOOL DISTRICT COBB COUNTY BANK DEPOSITS, CONSTRUCTION AND TAXABLE PROPERTY VALUES LAST TEN YEARS 
 
dollars in millions 
$1,400 
 
Cobb County New Construction 
 
$1,200 
 
$1,000 
 
$800 
 
$600 
 
$400 
 
$200 
 
$0 2006 
 
2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
(dollars expressed in millions) 
 
Year Ended 
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 
 
Bank Deposits (a) 
$ 9,369 10,026 10,739 10,542 9,468 9,490 10,269 10,933 11,936 13,769 
 
Single-Family 
 
Residences (b) 
 
Number 
 
Market 
 
of Units 
 
Value 
 
2,082 $ 521 
 
1,276 
 
332 
 
510 
 
118 
 
434 
 
99 
 
491 
 
114 
 
597 
 
161 
 
734 
 
204 
 
1,077 
 
316 
 
938 
 
277 
 
923 
 
314 
 
Total New 
 
Construction (b) 
 
Number 
 
Market 
 
of Permits 
 
Value 
 
10,232 9,687 7,019 5,102 5,594 5,587 5,667 6,320 7,352 5,596 
 
$ 1,029 838 572 349 410 656 581 711 596 
1,078 
 
Estimated Actual Value of Taxable Property (c) 
 
$ 
 
55,238 
 
59,832 
 
60,463 
 
63,219 
 
56,624 
 
53,410 
 
52,227 
 
51,004 
 
52,775 
 
54,686 
 
(a) Bank deposits as of June 30, 2005 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. 
Source: Cobb County Tax Commissioner. 
 
136 
 
 COBB COUNTY SCHOOL DISTRICT PROPERTY DIGEST REDUCTIONS DUE TO EXEMPTIONS LAST TEN FISCAL YEARS 
 
amounts in thousands 
$30,000,000 
$25,000,000 
$20,000,000 
$15,000,000 
$10,000,000 
$5,000,000 
 
Digest Reductions Compared to Gross Property Digest 
 
Gross Property Digest 
Personal Property Exemption 
Elderly Exemption 
Homestead Exemption 
 
$0 2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
2016 
 
(amounts expressed in thousands) 
 
Reductions 
 
Disabled 
 
Personal 
 
Total 
 
Gross 
 
as Percent 
 
Fiscal Homestead 
 
Elderly 
 
Residents 
 
Property Conservation 
 
Digest 
 
Property 
 
of Gross 
 
Year Exemption Exemption Exemption Exemption Exemption Reductions 
 
Digest 
 
Digest 
 
2007 $ 1,170,390 $ 2,612,133 $ 14,708 $ 1,182,458 $ 85,575 $ 5,065,264 $ 23,932,775 
 
21.16% 
 
2008 
 
1,166,776 
 
2,921,905 
 
14,666 1,264,100 
 
83,478 5,450,925 
 
24,185,375 
 
22.54% 
 
2009 
 
1,165,038 
 
3,115,732 
 
15,099 1,086,274 
 
80,282 5,462,425 
 
25,287,425 
 
21.60% 
 
2010 
 
1,160,256 
 
3,374,955 
 
15,389 1,159,876 
 
82,041 5,792,517 
 
24,774,275 
 
23.38% 
 
2011 
 
1,133,942 
 
3,308,523 
 
15,208 1,501,213 
 
66,204 6,025,090 
 
22,649,587 
 
26.60% 
 
2012 
 
1,086,141 
 
3,305,864 
 
14,608 1,274,139 
 
53,464 5,734,216 
 
21,363,851 
 
26.84% 
 
2013 
 
1,041,831 
 
3,299,172 
 
15,660 1,175,141 
 
52,676 5,584,480 
 
20,891,129 
 
26.73% 
 
2014 
 
999,067 
 
3,420,226 
 
16,281 1,196,382 
 
53,574 5,685,530 
 
20,401,572 
 
27.87% 
 
2015 
 
965,937 
 
3,755,620 
 
18,132 1,068,067 
 
53,146 5,860,902 
 
21,109,974 
 
27.76% 
 
2016 
 
935,568 
 
4,177,064 
 
21,587 1,249,680 
 
54,339 6,438,238 
 
21,874,329 
 
29.43% 
 
Source: Cobb County Office of Tax Commissioner 
 
137 
 
 COBB COUNTY SCHOOL DISTRICT NUMBER OF PERSONNEL AND RATIO OF PUPILS TO PROFESSIONAL PERSONNEL LAST TEN FISCAL YEARS 
 
Ratio of Pupils to Professional Personnel 
25 
 
20 
 
15 
 
10 
 
5 
 
0 2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
2016 
 
Fiscal Year 
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Professional Personnel (a) 
9,313 9,101 9,213 9,272 8,378 8,290 8,008 7,907 8,036 8,050 
 
Other Operating Personnel (b) 
3,138 3,379 3,391 3,046 2,841 2,970 2,896 2,821 2,769 2,943 
 
Service Personnel (c) 
2,478 2,972 3,049 2,994 2,857 2,847 2,813 2,834 2,949 2,599 
 
Total Personnel 
14,929 15,452 15,653 15,312 14,076 14,107 13,717 13,562 13,754 13,592 
 
Active Student Enrollment 
106,572 106,056 105,742 106,488 106,836 106,502 107,914 109,529 111,060 111,848 
 
Ratio of Pupils to Professional Personnel 
11.4 to 1 11.7 11.5 11.5 12.8 12.8 13.5 13.9 13.8 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 
138 
 
 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 2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
2016 
 
Fiscal Year 
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Expenses 
$ 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 1,088,719,000 1,161,536,000 
 
Active Student Enrollment 
106,572 106,056 105,742 106,488 106,836 106,502 107,914 109,529 111,060 111,848 
 
Cost Per Pupil Enrolled 
$ 9,688 10,395 10,472 10,226 9,832 10,086 9,901 9,631 9,803 10,385 
 
Percentage of 
Change 
7.30% 0.74% -2.35% -3.86% 2.58% -1.83% -2.73% 1.79% 5.94% 
 
Professional Personnel 
9,313 9,101 9,213 9,272 8,378 8,290 8,008 7,907 8,036 8,050 
 
Ratio of Pupils to Professional Personnel 
11.4 to 1 11.7 11.5 11.5 12.8 12.8 13.5 13.9 13.8 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 
139 
 
 COBB COUNTY SCHOOL DISTRICT GENERAL FUND EXPENDITURES BY FUNCTION LAST TEN FISCAL YEARS 
 
amounts in thousands $1,000,000 
 
Expenditures by School Function 
 
$900,000 
 
$800,000 
 
$700,000 
 
$600,000 
 
$500,000 
 
$400,000 
 
$300,000 
 
$200,000 
 
$100,000 
 
$0 2007 2008 2009 2010 2011 2012 2013 
Other Capital Outlay Business Serv. School & Admin. 
 
2014 2015 Pupil Services 
 
2016 Instruction 
 
(amounts expressed in thousands) 
 
Fiscal 
 
Pupil 
 
Year Instruction Services 
 
School & Administrative 
Services 
 
Business Services 
 
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
$ 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 19,489 679,320 19,248 719,560 25,478 
 
80,690 83,620 85,445 74,888 72,761 78,172 77,821 78,407 84,588 103,673 
 
$ 92,320 100,139 101,253 97,049 93,103 93,237 100,191 103,311 106,063 110,845 
 
Capital 
 
Outlay Other 
 
$ 9,232 $ 5,536 
 
15,970 2,085 
 
14,977 7,676 
 
1,484 
 
- 
 
3,522 
 
- 
 
9,214 
 
- 
 
6,659 
 
- 
 
4,346 1,489 
 
3,769 
 
458 
 
2,546 
 
465 
 
Total 
$ 855,178 931,690 932,214 863,036 821,638 839,615 834,752 835,694 893,446 962,567 
 
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 
 
140 
 
 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 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
(amounts expressed in thousands) 
 
Fiscal Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Local Taxes $ 441,716 
460,537 475,294 462,518 427,174 408,123 397,592 405,970 421,814 443,641 
 
Intergovernmental 
 
$ 
 
422,286 
 
449,098 
 
404,313 
 
404,856 
 
431,352 
 
391,997 
 
415,168 
 
431,907 
 
459,181 
 
490,747 
 
Interest Income 
 
$ 
 
12,150 
 
9,843 
 
4,497 
 
2,475 
 
2,410 
 
1,981 
 
1,562 
 
1,637 
 
1,294 
 
1,189 
 
Other $ 799 
1,082 2,276 1,830 1,091 1,092 2,406 4,991 2,935 1,751 
 
Total $ 876,951 
920,560 886,380 871,679 862,027 803,193 816,728 844,505 885,224 937,328 
 
Other includes Tuition & Fees, Insurance & Damage Recoveries, Rentals and Other Revenues. Source: District Records 
141 
 
 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 
6% 
5% 
4% 
3% 
2% 
1% 
0% 
 
Fiscal Year 
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Debt Service Fund Expenditures 
46,571,000 - 
 
General Fund Expenditures 
855,178,000 931,690,000 932,214,000 863,036,000 821,638,000 839,615,000 834,752,000 835,694,000 893,446,000 962,567,000 
 
Note: Debt Service was fully paid by the end of fiscal year 2007. 
 
Source: District Records 
142 
 
Ratio of Debt Service Fund to General Fund 
Expenditures 
5.45% 0.00% 0.00% 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. 
 
143 
 
 COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS 
 
School Name 
 
2007 
 
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 
 
131,924 962 757 
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 
 
2015 
 
2016 
 
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 
 
131,924 913 732 
81,334 662 615 
56,904 537 454 
85,236 562 553 
106,694 987 782 
83,098 712 738 
68,409 562 360 
84,461 837 753 
105,886 912 732 
111,299 837 723 
49,828 412 - 
99,181 912 
1,024 
116,071 962 980 
136,261 987 910 
124,148 963 707 
137,108 1,063 1,094 
 
131,924 913 697 
81,334 662 619 
56,904 537 410 
85,236 562 569 
106,694 987 774 
83,098 712 702 
68,409 562 340 
84,461 837 702 
105,886 912 792 
111,299 837 721 
49,828 412 - 
99,181 912 
1,002 
116,071 962 993 
136,261 987 873 
124,148 963 673 
137,108 1,063 1,110 
 
144 
 
 COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS 
 
School Name 
 
2007 
 
Clarkdale (1963) (a) 
 
Square Feet 
 
44,412 
 
Capacity 
 
362 
 
Enrollment 
 
455 
 
Clarkdale Replacement (2012) 
 
Square Feet 
 
- 
 
Capacity 
 
- 
 
Enrollment 
 
- 
 
Clay (1961) 
 
Square Feet 
 
51,930 
 
Capacity 
 
437 
 
Enrollment 
 
491 
 
Compton (1969) 
 
Square Feet 
 
100,586 
 
Capacity 
 
912 
 
Enrollment 
 
698 
 
Davis (1987) 
 
Square Feet 
 
87,763 
 
Capacity 
 
787 
 
Enrollment 
 
632 
 
Dowell (1989) 
 
Square Feet 
 
106,003 
 
Capacity 
 
962 
 
Enrollment 
 
1,054 
 
Due West (1957) 
 
Square Feet 
 
47,350 
 
Capacity 
 
437 
 
Enrollment 
 
435 
 
East Side (1952) 
 
Square Feet 
 
77,918 
 
Capacity 
 
787 
 
Enrollment 
 
982 
 
East Side Replacement (2011) 
 
Square Feet 
 
- 
 
Capacity 
 
- 
 
Enrollment 
 
- 
 
Eastvalley (1960) 
 
Square Feet 
 
58,150 
 
Capacity 
 
562 
 
Enrollment 
 
569 
 
Fair Oaks (1957) 
 
Square Feet 
 
98,789 
 
Capacity 
 
862 
 
Enrollment 
 
894 
 
Ford (1991) 
 
Square Feet 
 
91,129 
 
Capacity 
 
837 
 
Enrollment 
 
1,061 
 
Frey (1996) 
 
Square Feet 
 
124,148 
 
Capacity 
 
962 
 
Enrollment 
 
897 
 
Garrison Mill (1984) 
 
Square Feet 
 
85,775 
 
Capacity 
 
687 
 
Enrollment 
 
645 
 
Green Acres (1996) 
 
Square Feet 
 
90,915 
 
Capacity 
 
687 
 
Enrollment 
 
673 
 
Harmony Leland (1951) 
 
Square Feet 
 
85,764 
 
Capacity 
 
512 
 
Enrollment 
 
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 
- 
129,988 862 587 
55,412 437 351 
99,427 937 556 
86,131 788 559 
106,003 963 968 
70,367 587 547 
- 
149,764 1,087 1,221 
60,029 562 661 
97,993 863 831 
91,129 862 713 
125,717 963 737 
85,775 688 716 
90,915 688 866 
65,127 512 678 
 
2014 
 
2015 
 
2016 
 
- 
129,988 862 631 
55,412 437 381 
99,427 937 559 
86,131 788 584 
106,003 963 922 
70,367 587 594 
- 
149,764 1,087 1,304 
60,029 562 692 
97,993 863 898 
91,129 862 681 
125,717 963 742 
85,775 688 675 
90,915 688 767 
65,127 512 699 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
129,988 862 724 
 
129,988 862 726 
 
55,412 437 396 
 
55,412 437 407 
 
99,427 937 590 
 
99,427 937 576 
 
86,131 788 578 
 
86,131 788 568 
 
106,003 963 942 
 
106,003 963 
1,013 
 
70,367 587 626 
 
70,367 587 627 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
149,764 1,087 1,268 
 
149,764 1,087 1,266 
 
60,029 562 691 
 
60,029 562 693 
 
97,993 863 960 
 
97,993 863 956 
 
91,129 862 717 
 
91,129 862 723 
 
125,717 963 746 
 
125,717 963 783 
 
85,775 688 690 
 
85,775 688 672 
 
90,915 688 732 
 
90,915 688 737 
 
65,127 512 721 
 
65,127 512 686 
 
Continued--- 
 
145 
 
 COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS 
 
School Name 
 
2007 
 
Hayes (1993) 
 
Square Feet 
 
117,579 
 
Capacity 
 
962 
 
Enrollment 
 
1,091 
 
Hendricks (2001) 
 
Square Feet 
 
123,000 
 
Capacity 
 
962 
 
Enrollment 
 
633 
 
Hollydale (1968) 
 
Square Feet 
 
89,995 
 
Capacity 
 
812 
 
Enrollment 
 
859 
 
Keheley (1986) 
 
Square Feet 
 
68,030 
 
Capacity 
 
587 
 
Enrollment 
 
516 
 
Kemp (2002) 
 
Square Feet 
 
123,000 
 
Capacity 
 
962 
 
Enrollment 
 
896 
 
Kennesaw (1991) 
 
Square Feet 
 
113,828 
 
Capacity 
 
962 
 
Enrollment 
 
893 
 
Kincaid (1972) 
 
Square Feet 
 
81,752 
 
Capacity 
 
762 
 
Enrollment 
 
605 
 
King Springs (1956) 
 
Square Feet 
 
58,785 
 
Capacity 
 
562 
 
Enrollment 
 
622 
 
LaBelle (1955) 
 
Square Feet 
 
80,655 
 
Capacity 
 
687 
 
Enrollment 
 
475 
 
Lewis (1986) 
 
Square Feet 
 
115,363 
 
Capacity 
 
962 
 
Enrollment 
 
1,153 
 
Mableton (1950) 
 
Square Feet 
 
47,426 
 
Capacity 
 
412 
 
Enrollment 
 
429 
 
Mableton Replacement (2012) 
 
Square Feet 
 
- 
 
Capacity 
 
- 
 
Enrollment 
 
- 
 
McCall Primary (2005) 
 
Square Feet 
 
88,217 
 
Capacity 
 
512 
 
Enrollment 
 
486 
 
Milford (1954) 
 
Square Feet 
 
69,776 
 
Capacity 
 
612 
 
Enrollment 
 
647 
 
Mount Bethel (1978) 
 
Square Feet 
 
105,016 
 
Capacity 
 
912 
 
Enrollment 
 
962 
 
Mountain View (1986) 
 
Square Feet 
 
102,725 
 
Capacity 
 
862 
 
Enrollment 
 
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 
 
2015 
119,189 962 934 
123,025 962 529 
89,012 862 687 
70,537 588 538 
123,000 962 
1,035 
116,400 962 667 
83,969 762 726 
59,658 587 859 
82,912 688 539 
115,363 962 703 
- 
148,523 962 953 
88,158 562 396 
73,352 612 458 
110,096 937 
1,040 
102,725 887 853 
 
2016 
119,189 962 883 
123,025 962 568 
89,012 862 667 
70,537 588 529 
123,000 962 995 
116,400 962 639 
83,969 762 702 
59,658 587 913 
82,912 688 530 
115,363 962 656 
- 
148,523 962 
1,023 
88,158 562 407 
73,352 612 467 
110,096 937 
1,119 
102,725 887 837 
 
146 
 
 COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS 
 
School Name 
 
2007 
 
Murdock (1975) 
 
Square Feet 
 
123,233 
 
Capacity 
 
962 
 
Enrollment 
 
836 
 
Nicholson (1990) 
 
Square Feet 
 
75,800 
 
Capacity 
 
637 
 
Enrollment 
 
541 
 
Nickajack (1998) 
 
Square Feet 
 
114,350 
 
Capacity 
 
837 
 
Enrollment 
 
785 
 
Norton Park (1961) 
 
Square Feet 
 
87,301 
 
Capacity 
 
787 
 
Enrollment 
 
750 
 
Pickett's Mill (2008) 
 
Square Feet 
 
- 
 
Capacity 
 
- 
 
Enrollment 
 
- 
 
Pitner (2003) 
 
Square Feet 
 
135,800 
 
Capacity 
 
962 
 
Enrollment 
 
1,049 
 
Powder Springs (1988) 
 
Square Feet 
 
101,870 
 
Capacity 
 
887 
 
Enrollment 
 
936 
 
Powers Ferry (1951) 
 
Square Feet 
 
56,104 
 
Capacity 
 
462 
 
Enrollment 
 
470 
 
Riverside Primary (2005) 
 
Square Feet 
 
85,236 
 
Capacity 
 
512 
 
Enrollment 
 
545 
 
Riverside Intermediate (2001) 
 
Square Feet 
 
123,000 
 
Capacity 
 
962 
 
Enrollment 
 
838 
 
Rocky Mount (1977) 
 
Square Feet 
 
78,720 
 
Capacity 
 
587 
 
Enrollment 
 
597 
 
Russell (1961) 
 
Square Feet 
 
101,862 
 
Capacity 
 
962 
 
Enrollment 
 
651 
 
Sanders (1997) 
 
Square Feet 
 
116,302 
 
Capacity 
 
862 
 
Enrollment 
 
889 
 
Sedalia Park (1956) 
 
Square Feet 
 
101,125 
 
Capacity 
 
887 
 
Enrollment 
 
752 
 
Shallowford Falls (1990) 
 
Square Feet 
 
112,947 
 
Capacity 
 
962 
 
Enrollment 
 
654 
 
Sky View (1957) (b) 
 
Square Feet 
 
50,270 
 
Capacity 
 
462 
 
Enrollment 
 
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 
123,233 962 830 
75,800 637 511 
122,342 937 
1,055 
87,935 837 788 
139,090 963 723 
136,261 962 937 
101,870 888 783 
59,190 462 467 
85,236 562 681 
123,000 962 
1,107 
71,408 612 614 
103,369 962 728 
116,302 862 829 
99,735 888 828 
112,620 962 658 
- 
 
2014 
123,233 962 859 
75,800 637 500 
122,342 937 
1,130 
87,935 837 808 
139,090 963 736 
136,261 962 909 
101,870 888 807 
59,190 462 448 
85,236 562 710 
123,000 962 
1,101 
71,408 612 602 
104,362 962 704 
116,302 862 809 
99,735 888 815 
112,620 962 654 
- 
 
2015 
 
2016 
 
123,233 962 896 
 
123,233 962 937 
 
75,800 637 516 
 
75,800 637 544 
 
122,342 937 
1,115 
 
122,342 937 
1,054 
 
87,935 837 916 
 
87,935 837 950 
 
139,090 963 750 
 
139,090 963 732 
 
136,261 962 888 
 
136,261 962 892 
 
101,870 888 824 
 
101,870 888 815 
 
59,190 462 436 
 
59,190 462 446 
 
85,236 562 671 
 
85,236 562 639 
 
123,000 962 
1,182 
 
123,000 962 
1,220 
 
72,896 612 622 
 
72,896 612 613 
 
104,362 962 697 
 
104,362 962 699 
 
116,302 862 827 
 
116,302 862 774 
 
99,735 888 845 
 
99,735 888 866 
 
112,620 962 669 
 
112,620 962 640 
 
- 
 
- 
 
- 
 
- 
 
- 
 
- 
 
Continued--- 
 
147 
 
 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 
 
2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
2016 
 
- 
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 
 
- 
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 
 
- 
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 
 
- 
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 
 
- 
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 
 
- 
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 
 
- 
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 
 
143,107 962 863 
133,344 1,162 1,181 
116,074 963 814 
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 
 
143,107 962 954 
133,344 1,162 1,150 
117,539 963 789 
52,764 487 777 
73,450 612 612 
109,769 937 900 
109,827 962 674 
122,260 937 690 
156,660 1,037 823 
178,465 1,162 938 
220,228 1,338 1,409 
170,905 1,162 939 
177,356 1,163 962 
166,048 1,187 1,254 
183,798 1,212 1,227 
173,487 1,162 1,058 
 
143,107 962 962 
133,344 1,162 1,164 
117,539 963 784 
107,837 812 804 
73,450 612 616 
109,769 937 907 
109,827 962 714 
122,260 937 666 
156,660 1,037 838 
178,465 1,162 936 
220,228 1,338 1,407 
170,905 1,162 942 
177,356 1,163 945 
166,048 1,187 1,271 
183,798 1,212 1,249 
173,487 1,162 1,030 
 
148 
 
 COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS 
 
School Name 
 
2007 
 
East Cobb (1963) 
 
Square Feet 
 
181,573 
 
Capacity 
 
1,212 
 
Enrollment 
 
1,148 
 
Floyd (1964) 
 
Square Feet 
 
166,551 
 
Capacity 
 
1,162 
 
Enrollment 
 
894 
 
Garrett (1972) 
 
Square Feet 
 
122,329 
 
Capacity 
 
812 
 
Enrollment 
 
894 
 
Griffin (1972) 
 
Square Feet 
 
186,947 
 
Capacity 
 
1,162 
 
Enrollment 
 
1,064 
 
Hightower Trail (1993) 
 
Square Feet 
 
149,038 
 
Capacity 
 
1,012 
 
Enrollment 
 
1,020 
 
Lindley 6th Grade Academy (1962) 
 
Square Feet 
 
114,635 
 
Capacity 
 
787 
 
Enrollment (b) 
 
260 
 
Lindley (2001) 
 
Square Feet 
 
179,170 
 
Capacity 
 
1,162 
 
Enrollment 
 
1,381 
 
Lost Mountain (1992) 
 
Square Feet 
 
164,107 
 
Capacity 
 
1,162 
 
Enrollment 
 
1,167 
 
Lovinggood (2006) 
 
Square Feet 
 
178,465 
 
Capacity 
 
1,162 
 
Enrollment 
 
1,262 
 
Mabry (1978) 
 
Square Feet 
 
158,434 
 
Capacity 
 
1,137 
 
Enrollment 
 
849 
 
McCleskey (1983) 
 
Square Feet 
 
113,525 
 
Capacity 
 
837 
 
Enrollment 
 
815 
 
McClure (2006) 
 
Square Feet 
 
191,209 
 
Capacity 
 
1,162 
 
Enrollment 
 
1,029 
 
Palmer (2001) 
 
Square Feet 
 
175,345 
 
Capacity 
 
1,162 
 
Enrollment 
 
1,134 
 
Pine Mountain (1979) 
 
Square Feet 
 
131,459 
 
Capacity 
 
887 
 
Enrollment 
 
752 
 
Simpson (1988) 
 
Square Feet 
 
110,000 
 
Capacity 
 
837 
 
Enrollment 
 
813 
 
Smitha (1993) 
 
Square Feet 
 
167,815 
 
Capacity 
 
1,137 
 
Enrollment 
 
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 
186,961 1,362 1,273 
166,551 1,112 865 
152,212 963 854 
186,947 1,162 1,154 
149,038 1,012 992 
111,260 788 542 
179,170 1,162 1,072 
165,107 1,137 939 
175,345 1,162 1,339 
160,581 1,162 847 
149,577 937 678 
191,209 1,163 1,092 
175,974 1,162 963 
169,809 912 706 
138,902 962 876 
169,345 1,137 995 
 
2014 
186,961 1,362 1,310 
166,551 1,112 969 
152,212 963 779 
186,947 1,162 1,201 
149,038 1,012 1,014 
111,260 788 589 
179,170 1,162 1,089 
165,107 1,137 943 
175,345 1,162 1,406 
160,581 1,162 893 
149,577 937 715 
191,209 1,163 1,090 
175,974 1,162 990 
169,809 912 710 
143,888 962 895 
169,345 1,137 1,001 
 
2015 
 
2016 
 
186,961 1,362 1,243 
 
186,961 1,362 1,225 
 
166,551 1,112 933 
 
166,551 1,112 943 
 
152,212 963 838 
 
152,212 963 916 
 
186,947 1,162 1,180 
 
186,947 1,162 1,237 
 
149,038 1,012 1,068 
 
149,038 1,012 1,076 
 
111,260 788 530 
 
111,260 788 532 
 
179,170 1,162 1,161 
 
179,170 1,162 1,139 
 
165,107 1,137 962 
 
165,107 1,137 1,058 
 
175,345 1,162 1,426 
 
175,345 1,162 1,354 
 
160,581 1,162 893 
 
160,581 1,162 889 
 
149,577 937 677 
 
149,577 937 696 
 
191,209 1,163 1,137 
 
191,209 1,163 1,198 
 
175,974 1,162 1,024 
 
175,974 1,162 1,019 
 
169,809 912 691 
 
169,809 912 616 
 
143,888 962 913 
 
143,888 962 935 
 
169,345 1,137 988 
 
169,345 1,137 969 
 
Continued--- 
 
149 
 
 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 
 
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 
 
2015 
157,435 1,137 769 
325,200 1,912 1,773 
374,180 2,637 2,380 
337,584 2,587 1,926 
319,000 1,987 2,213 
321,068 1,987 1,499 
319,000 1,987 2,090 
310,950 2,112 2,086 
504,107 2,362 2,137 
406,817 2,787 2,750 
328,000 2,062 1,812 
319,768 1,788 2,173 
260,606 1,912 1,868 
388,425 2,612 1,954 
297,400 2,062 1,701 
307,655 2,312 2,582 
 
2016 
157,435 1,137 808 
330,289 1,912 1,717 
374,180 2,637 2,509 
337,584 2,587 1,949 
319,000 1,987 2,334 
321,068 1,987 1,437 
319,000 1,987 2,120 
310,950 2,112 2,121 
504,107 2,362 2,199 
406,817 2,787 2,755 
328,000 2,062 1,821 
319,768 1,788 2,377 
260,606 1,912 1,919 
388,425 2,612 1,906 
297,400 2,062 1,703 
307,655 2,312 2,616 
 
150 
 
 COBB COUNTY SCHOOL DISTRICT SCHOOL BUILDINGS LAST TEN FISCAL YEARS 
 
School Name 
 
2007 
 
2008 
 
Wheeler (1964) 
 
Square Feet 
 
318,504 318,504 
 
Capacity 
 
1,837 
 
1,837 
 
Enrollment 
 
1,813 
 
1,797 
 
Oakwood (1944) 
 
Square Feet 
 
93,612 
 
93,612 
 
Capacity 
 
462 
 
462 
 
Enrollment 
 
288 
 
286 
 
Performance Learning Center (located at Oakwood) 
 
Enrollment 
 
- 
 
- 
 
Hawthorne (Haven) (1958) (c) 
 
Square Feet 
 
32,500 
 
32,500 
 
Capacity 
 
312 
 
312 
 
Enrollment 
 
170 
 
156 
 
Fitzhugh Lee (Haven) (1935)(c) 
 
Square Feet 
 
35,684 
 
35,684 
 
Capacity 
 
312 
 
312 
 
Enrollment 
 
- 
 
- 
 
Kennesaw Charter (d) 
 
Enrollment 
 
540 
 
495 
 
Mableton Charter (d) 
 
Enrollment 
 
- 
 
569 
 
International Academy of Smyrna (d) 
 
Enrollment 
 
- 
 
414 
 
Devereux Georgia (d) 
 
Enrollment 
 
132 
 
108 
 
Sky View (1957) (b) (Haven - 2016) 
 
Square Feet 
 
- 
 
- 
 
Capacity 
 
- 
 
- 
 
Enrollment 
 
- 
 
- 
 
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 
318,504 1,837 1,948 
93,858 462 70 
59 
32,500 312 77 
35,684 312 39 
782 
- 
943 
75 
- 
 
2014 
361,490 2,162 2,049 
93,858 462 78 
70 
32,500 312 69 
35,684 312 33 
871 
- 
944 
87 
- 
 
2015 
 
2016 
 
341,594 2,112 2,008 
 
440,214 2,187 2,075 
 
93,858 462 91 
 
93,858 462 63 
 
93 
 
148 
 
32,500 
 
- 
 
312 
 
- 
 
77 
 
- 
 
35,684 
 
- 
 
312 
 
- 
 
37 
 
- 
 
858 
 
838 
 
- 
 
- 
 
966 
 
1,033 
 
88 
 
78 
 
- 
 
50,270 
 
- 
 
462 
 
- 
 
119 
 
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 
 
151 
 
 COBB COUNTY SCHOOL DISTRICT TEACHERS' SALARY SCHEDULE LAST TEN FISCAL YEARS 
 
$100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 2007 
 
2008 
 
2009 
 
Teachers' Salary Range 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
Minimum Maximum Cobb Average 
 
2015 
 
2016 
 
Fiscal Year 
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Minimum 
 
$ 
 
37,160 
 
39,140 
 
39,962 
 
38,958 38,958 38,958 
 
38,958 
 
38,958 39,347 41,330 
 
Maximum 
 
$ 
 
80,374 
 
82,435 
 
84,204 
 
82,088 82,088 82,088 
 
82,088 
 
82,088 82,908 87,087 
 
Cobb Average 
 
$ 
 
51,239 
 
52,977 
 
54,286 
 
53,320 54,168 53,770 
 
54,323 
 
54,435 55,773 58,425 
 
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 
 
$ 
 
49,836 
 
51,466 
 
52,823 
 
53,155 52,830 53,002 
 
52,956 
 
52,973 53,424 54,215 
 
152 
 
 COBB COUNTY SCHOOL DISTRICT ADMINISTRATIVE SALARY SCHEDULE JUNE 30, 2016 
 
$325,000 $300,000 $275,000 $250,000 $225,000 $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 $ 298,860 
121,056 95,527 99,121 81,739 
112,125 96,707 87,909 
 
Maximum $ 298,860 
144,766 129,968 111,076 120,150 128,346 120,432 111,010 
 
153 
 
 COBB COUNTY SCHOOL DISTRICT SCHEDULE OF INSURANCE IN FORCE JUNE 30, 2016 
 
Type of Coverage 
 
Name of Company and Policy Number 
 
Bus, Truck, Motor Vehicles Liability Property Theft Employee's Blanket Bond General Liability Property Boiler (Includes Insurance) Student Athletic 
 
Self Insured 
Self Insured Travelers 105651387 Self Insured Travelers KTJ-CMB-1G46706-9-15 T.W. Lord & Associates 
 
Superintendent's 
 
Old Republic Surety Co. 
 
Bond 
 
APO002121620 
 
Principal's 
 
Old Republic Surety Co. 
 
Bond 
 
APS1177822 
 
Worker's Compensation Self Insured 
 
Excess Worker's 
 
State National Insurance 
 
Compensation 
 
NDE-0859281-15 
 
Disability, Long-Term The Hartford 
 
402273 
 
Disability, Short-Term The Hartford 
 
402273 
 
STD Plan Option 1 
 
STD Plan Option 2 
 
STD Plan Option 3 
 
STD Plan Option 4 
 
STD Plan Option 5 
 
STD Plan Option 6 
 
STD Plan Option 7 
 
STD Plan Option 8 
 
Life Insurance and AD&D 
 
The Hartford 402273 
 
Dependent Life 
 
The Hartford 402273 
 
Optional Life and AD&D 
 
The Hartford 402273 
 
Policy Period 
 
From 
 
To 
 
Liability Limits 
 
Annual Premium 
 
6/1/1994 Ongoing $300,000 
 
N/A 
 
6/1/1994 Ongoing N/A 7/1/2015 7/1/2016 $7,500,000 
 
N/A $23,652 
 
6/1/1994 Ongoing $500,000 7/1/2015 7/1/2016 $500,000,000 
 
N/A $527,976 
 
8/1/2015 8/1/2016 Varies 
 
Student/Parent Funded 
 
5/1/2015 5/1/2016 $100,000 
 
$350 
 
8/1/2015 8/1/2016 $10,000 
 
$3,990 
 
N/A 
 
N/A Statutory 
 
10/1/15 10/1/2016 $1,000,000 
 
N/A $116,681 
 
1/1/2016 12/31/2016 Benefit Schedule per salary 
 
$1,267,114 
 
1/1/2016 12/31/2016 
 
8th calendar day. 66.67% of weekly earnings. 
 
Employee pays $21.08 per month. 
 
15th calendar day. 66.67% of weekly earnings. 
 
Employee pays $17.46 per month. 
 
31st calendar day. 66.67% of weekly earnings. 
 
Employee pays $11.45 per month. 
 
61st calendar day. 66.67% of weekly earnings. 
 
Employee pays $11.15 per month. 
 
8th calendar day. 50% of weekly earnings. 
 
Employee pays $15.41 per month. 
 
15th calendar day. 50% of weekly earnings. 
 
Employee pays $12.76 per month. 
 
31st calendar day. 50% of weekly earnings. 
 
Employee pays $8.37 per month. 
 
61st calendar day. 50% of weekly earnings. 
 
Employee pays $8.13 per month. 
 
1/1/2016 12/31/2016 
 
The first $10,000 of coverage for 
 
smokers or first $13,000 for non- 
 
smokers is paid by CCSD. 1/1/2016 12/31/2016 Coverage options: $10,000 Employee pays $1.75 for $10,000 of 
 
or $25,000 
 
coverage of child(ren) or $4.37 for 
 
$25,000 of coverage; employee pays 
 
$3.58 for $10,000 of coverage of 
 
spouse or $8.96 for $25,000 monthly. 
 
1/1/2016 12/31/2016 Employee can choose up to Employee pays $0.152 per $1,000 of 
 
7 times his/her annual 
 
Supplemental Life coverage monthly. 
 
earnings. (Max. $500,000) 
 
Continued --- 
 
154 
 
 COBB COUNTY SCHOOL DISTRICT 
 
SCHEDULE OF INSURANCE IN FORCE 
JUNE 30, 2016 
 
Type of Coverage 
 
Name of Company and Policy Number 
 
Policy Period 
 
From 
 
To 
 
Liability Limits 
 
Annual Premium 
 
Dental Insurance High Option 
 
MetLife Dental 11-1554000000 
 
Low Option 
 
Cancer Insurance 
Economy Plan 
Standard Plan 
Deluxe Plan 
Critical Illness Insurance Ages 18-35 Years 
 
Allstate Benefits V1935 
Allstate Benefits V1935 
 
Ages 36-50 Years 
 
Ages 51-60 Years 
 
Ages 61-63 Years 
 
Ages 64+ Years 
 
Vision Insurance Preferred Plus Plan 
 
Avesis 9155NC 
 
Base Plan 
 
Legal Insurance Accident Insurance 
 
ARAG Group 17840-001 
Allstate Benefits V1935 
 
Hospital Indemnity 
 
Allstate Benefits V1935 
 
1/1/2016 12/31/2016 
 
Plus Plan provides preferred Employee pays $36.23 for single 
 
rates with a maximum 
 
coverage, $67.74 for employee plus 
 
coverage of $1,000 per 
 
one, or $110.48 for family coverage 
 
participant per calendar monthly. 
 
1/1/2016 12/31/2016 Base Plan has co-pays for Employee pays $14.30 for single 
 
Preventative and Diagnostic coverage, $26.74 for employee plus 
 
services with a maximum of one, or $45.80 for family coverage 
 
$750 coverage per 
 
monthly. 
 
participant per calendar 
 
year. 1/1/2016 12/31/2016 Based on Benefit Schedule Employee pays rates monthly 
 
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. 
 
1/1/2016 12/31/2016 Provides $10,000 critical Employee pays rates monthly 
 
illness coverage to 
 
depending on 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 $5.79 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. 
 
1/1/2016 12/31/2016 Based on Benefit Schedule Employee pays rates monthly 
 
depending on chosen plan. 
 
Single coverage is $4.81; coverage for 
 
employee plus one family member is 
 
$8.99, and family coverage is $13.36 
 
each month. 
 
Single coverage is $1.10 per month; 
 
coverage for employee plus one family 
 
member is $1.94, and family coverage 
 
is $2.86 each month. 1/1/2016 12/31/2016 Based on Benefit Schedule Employee pays $13.52 for single 
 
coverage or $16.88 for family 
 
Coverage monthly. 
 
1/1/2016 12/31/2016 Based on Benefit Schedule Employee pays monthly premium of 
 
$15.35 self, $26.52 self and spouse, 
 
$32.92 self and children, or $42.85 
 
family. 
 
1/1/2016 12/31/2016 Based on Benefit Schedule Employee pays monthly premium of 
 
$9.36 self, $25.09 self and spouse, 
 
$16.25 self and children, or $27.17 
 
family. 
 
Concluded. 
 
Source: District Records 
155 
 
 COBB COUNTY SCHOOL DISTRICT SCHOOL LUNCH AND BREAKFAST PROGRAM LAST TEN FISCAL YEARS 
 
amounts in thousands 
 
Meals Served 
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 2007 
 
2008 
 
2009 
 
2010 
 
2011 Lunch 
 
2012 Breakfast 
 
2013 
 
2014 
 
2015 
 
2016 
 
(amounts expressed in thousands) 
 
Lunch Meals Served: Free Reduced Paid 
Total Daily Average Student Price 
 
2007 
 
2008 
 
2009 
 
2010 
 
2011 
 
2012 
 
2013 
 
2014 
 
2015 
 
2016 
 
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 
 
6,317 813 
4,492 11,622 
66 
$2.15-$2.40 
 
6,360 783 
4,455 11,598 
64 
$2.25-$2.50 
 
Breakfast Meals Served: Free Reduced Paid 
Total Daily Average Student Price 
 
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 
 
2,850 239 414 
3,503 20 
$1.25 
 
2,916 246 453 
3,615 20 
$1.25 
 
Total Meals Served: Free Reduced Paid 
Total Daily Average 
Source: District Records 
 
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 
 
9,167 1,052 4,906 15,125 
86 
 
9,276 1,029 4,908 15,213 
84 
 
156 
 
 COBB COUNTY SCHOOL DISTRICT NUMBER OF SCHOOLS LAST TEN FISCAL YEARS 
 
120 
 
Number of Schools 
 
110 
 
100 
 
90 
 
80 
 
70 
 
60 
 
50 
 
40 
 
30 
 
20 
 
10 
 
0 2007 
 
2008 
 
2009 
 
2010 2011 
 
2012 
 
2013 
 
2014 
 
Elementary Middle High 
 
2015 
 
2016 
 
Fiscal Year 
 
Elementary 
 
Middle 
 
High 
 
2007 
 
68 
 
24 
 
17 
 
2008 
 
68 
 
24 
 
17 
 
2009 
 
68 
 
25 
 
17 
 
2010 
 
68 
 
25 
 
17 
 
2011 
 
68 
 
25 
 
16 
 
2012 
 
68 
 
25 
 
16 
 
2013 
 
67 
 
25 
 
16 
 
2014 
 
67 
 
25 
 
16 
 
2015 
 
67 
 
25 
 
16 
 
2016 
 
67 
 
25 
 
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. 
 
157 
 
Total 109 109 110 110 109 109 108 108 108 108 
 
 COBB COUNTY SCHOOL DISTRICT NUMBER OF HIGH SCHOOL GRADUATES AND AVERAGE DAILY ENROLLMENT AND ATTENDANCE LAST TEN FISCAL YEARS 
 
113,000 112,000 111,000 110,000 109,000 108,000 107,000 106,000 105,000 104,000 103,000 102,000 101,000 100,000 
 
Cobb County School District Average Daily Enrollment 
 
Fiscal Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Average Daily 
Enrollment 107,082 106,734 106,256 106,835 106,868 106,944 108,240 109,752 111,264 112,308 
 
Average Daily 
Attendance 102,648 102,497 102,144 102,444 102,732 103,008 103,857 105,548 106,895 107,872 
 
Attendance Percentage 
96% 96% 96% 96% 96% 96% 96% 96% 96% 96% 
 
Number of Graduates 
6,522 6,765 7,126 7,177 7,350 7,192 7,425 7,313 7,366 7,714 
 
Graduate Percentage 
N/A N/A N/A N/A N/A 76.00% 76.50% 78.20% 81.45% 83.80% 
 
Note: Beginning in 2016 Graduate Percentages were adjusted to match the Georgia Department of Education four-year Adjusted Cohort Graduation Rate (ACGR). This rate calculation began for the school year ended 2012 and is released in October with a one-year lag. (i.e. the school year ended 2016 will be available October 2017) 
Source: District Records 
 
158 
 
 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 
2007 
 
2008 
 
Active Enrollment By Grade Level 2009 2010 2011 2012 2013 
 
2014 
 
2015 
 
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 
2016 
 
Fiscal Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 
 
Pre-K and K 9,604 9,065 8,874 9,262 9,253 9,159 9,523 9,363 9,363 9,164 
 
Grade 1 
8,246 8,260 8,142 8,029 8,292 8,189 8,297 8,669 8,461 8,453 
 
Grade 2 
8,061 8,262 8,176 8,286 8,001 8,303 8,296 8,473 8,829 8,643 
 
Grade 3 
8,303 8,233 8,298 8,285 8,369 8,184 8,422 8,464 8,592 8,978 
 
Grade 4 
7,921 8,052 8,147 8,291 8,166 8,330 8,191 8,503 8,541 8,610 
 
Grade 5 
8,229 8,037 8,189 8,230 8,344 8,284 8,495 8,331 8,680 8,610 
 
Grade 6 
8,069 8,035 7,812 8,131 8,077 8,155 8,242 8,389 8,290 8,562 
 
Grade 7 
8,132 8,143 7,973 7,822 8,165 8,186 8,249 8,381 8,474 8,385 
 
Grade 8 
8,280 8,187 8,254 8,007 7,868 8,154 8,229 8,372 8,599 8,574 
 
Grade 9 
8,950 8,928 8,810 9,850 9,804 9,437 9,637 9,874 10,090 10,077 
 
Grade 10 
8,171 8,083 8,331 7,391 8,121 8,021 7,938 8,394 8,817 8,890 
 
Grade 11 
7,586 7,406 7,491 7,551 6,549 6,865 6,931 6,882 6,918 7,280 
 
Grade 12 Total 
7,020 106,572 7,365 106,056 7,245 105,742 7,353 106,488 7,827 106,836 7,235 106,502 7,464 107,914 7,434 109,529 7,406 111,060 7,622 111,848 
 
Source: District Records 
 
159 
 
 COBB COUNTY SCHOOL DISTRICT CLASSROOM BUILDINGS, GRADE LEVELS AND ACREAGE JUNE 30, 2016 
 
School Name Acworth Intermediate Addison Argyle Austell Baker Bells Ferry Belmont Hills Big Shanty Birney Blackwell Brown (b) Brumby Bryant Bullard Chalker Cheatham Hill Clarkdale Clay Compton Davis Dowell Due West East Side Eastvalley Fair Oaks Ford Frey Garrison Mill Green Acres Harmony Leland Hayes Hendricks Hollydale Keheley Kemp Kennesaw Kincaid King Springs LaBelle Lewis Mableton McCall Primary Milford Mount Bethel Mountain View Murdock Nicholson Nickajack Norton Park Pickett's Mill Pitner Powder Springs Powers Ferry Riverside Primary Riverside Intermediate Rocky Mount Russell Sanders Sedalia Park Shallowford Falls Smyrna Sope Creek 
 
Grades 2-5 K-5 K-5 K-5 K-5 K-5 K-5 3-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-2 K-5 K-5 K-5 K-5 K-5 K-1 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 K-1 2-5 K-5 K-5 K-5 K-5 K-5 K-5 K-5 
 
Active Enrollment 
697 619 410 569 774 702 340 702 792 721 
1,002 
993 873 673 1,110 726 407 576 568 1,013 627 1,266 693 956 723 783 672 737 686 883 568 667 529 995 639 702 913 530 656 1,023 407 467 1,119 837 937 544 1,054 950 732 892 815 446 639 1,220 613 699 774 866 640 962 1,164 
 
Size of Occupied 
 
Site (acres) Year (a) 
 
15.0 
 
2001 
 
12.5 
 
1989 
 
8.8 
 
1961 
 
12.4 
 
2005 
 
15.0 
 
1988 
 
10.0 
 
1962 
 
10.2 
 
1952 
 
22.3 
 
1969 
 
26.8 
 
1973 
 
16.0 
 
1997 
 
6.2 
 
1955 
 
9.5 
 
1966 
 
22.9 
 
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 
 
9.6 
 
1960 
 
10.3 
 
1957 
 
39.0 
 
1991 
 
26.2 
 
1996 
 
14.1 
 
1984 
 
10.1 
 
1995 
 
8.4 
 
1951 
 
24.2 
 
1994 
 
23.0 
 
2002 
 
15.0 
 
1968 
 
20.7 
 
1987 
 
26.2 
 
2003 
 
20.7 
 
1992 
 
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 
 
1989 
 
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 
3 2 16 3 1 3 10 5 11 1 2 2 2 3 6 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 72,896 104,362 116,302 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 
 
160 
 
 COBB COUNTY SCHOOL DISTRICT CLASSROOM BUILDINGS, GRADE LEVELS AND ACREAGE JUNE 30, 2016 
 
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 Digital Academy Performance Learning Ctr (c) Hawthorne (Haven) Fitzhugh Lee (Haven) Skyview (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-12 K-6 K-8 1-12 
 
Active Enrollment 
784 804 616 907 714 666 838 936 1,407 942 945 1,271 1,249 1,030 1,225 943 916 1,237 1,076 532 1,139 1,058 1,354 889 696 1,198 1,019 616 935 969 808 1,717 2,509 1,949 2,334 1,437 2,120 2,121 2,199 2,755 1,821 2,377 1,919 1,906 1,703 2,616 2,075 
63 148 
119 838 1,033 78 111,848 
 
Size of Occupied 
 
Site (acres) Year (a) 
 
10.9 
 
1978 
 
13.2 
 
1961 
 
11.5 
 
1990 
 
23.7 
 
1979 
 
20.0 
 
1991 
 
28.0 
 
1996 
 
26.2 
 
1964 
 
25.8 
 
2005 
 
33.2 
 
1951 
 
75.1 
 
2001 
 
20.0 
 
1965 
 
21.9 
 
1980 
 
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 
 
1979 
 
34.8 
 
1980 
 
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 
 
2001 
 
49.3 
 
1980 
 
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 51 39 60 61 60 64 71 87 71 72 73 74 71 83 68 60 70 62 45 71 70 71 70 58 72 71 57 59 70 70 99 135 133 102 102 102 108 127 143 106 93 98 134 106 119 113 43 
 
6.2 
 
1958 
 
18 
 
7.0 
 
1935 
 
17 
 
10.1 
 
1957 
 
30 
 
2,943.3 
 
7,174 
 
Portable Classrooms 
2 2 10 5 - 
- 
96 
 
Square Footage 
117,539 107,837 
73,450 109,769 109,827 122,260 156,660 178,465 220,228 170,905 177,356 166,048 183,798 173,487 186,961 166,551 152,212 186,947 149,038 111,260 179,170 165,107 175,345 160,581 149,577 191,209 175,974 169,809 143,888 169,345 157,435 330,289 374,180 337,584 319,000 321,068 319,000 310,950 504,107 406,817 328,000 319,768 260,606 388,425 297,400 307,655 440,214 
93,858 
32,500 35,684 50,270 
 
Capacity 963 812 612 937 962 937 
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 2,187 462 
312 312 462 
 
16,869,274 
 
120,377 
 
(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 2015, 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 reported by Cobb County School District; buildings do not belong to the district. 
Source: District Records 
 
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