June Report.pdf · Webster Civic

‘

Yne Webster Students

2024-25

First. District

Fiscal Year

Treasurer’s Report For the Month Ending June 30, 2025

Prepared By

Lori Schreiber, Treasurer

Brian Freeman, Assistant Superintendent for Business

Proud.

Executive Summary Revenues:

Final State Aid payments for our fiscal year arrived at the end of the month.

Interest earnings increased over previous months due to large CD investments maturing.

Continuing education and aquatics revenues remain strong.

School lunch revenues are lower than last year due to cut backs on catering expenses for the general fund.

Federal fund grants for IDEA and UPK that end June 30 have been reimbursed by

the state.

Appropriations

General fund spending in June is trending higher for two reasons. oO

June 30 balloon payments always increase payroll costs

Final debt payments are made in this month

School lunch expenditures remained consistent with typical June levels.

Capital project spending for the $85 million increased in June with a focus on planning for the elementary phases and additional work at Schroeder.

The first

payments for construction at Schroeder and Willink have also been made, increasing the overall expenditures for the project. e

Most federal grants have been expended; current activity is limited to grant

closeout expenditures and adjustments, with ongoing spending primarily in WonderCare and Continuing Education programs.

Cash Flow:

Cash flow increased drops in June due to large payroll expenditures.

Total balance is about even with last year in spite of increasing capital expenditures.

Projections indicate strong cash flow through the summer months.

Miscellaneous / Investments: @

Average investment rate is 4.45% across all investment opportunities.

Heading into summer months we focus on shorter term investments.

More banks bidding in the municipal market so | am predicting some changes in the coming months of where our investments will end up

Webster Central School Treasurer's Report June 30, 2025 Month of June

General Fund Balance at Beginning of Month Receipts

Balance plus Receipts Disbursements

Balance at End of Month

School Lunch Fund Balance at Beginning of Month Receipts Balance plus Receipts

Disbursements Balance at End of Month

Federal Fund Balance at Beginning of Month Receipts Balance plus Receipts Disbursements

Balance at End of Month

$15,818,414.89 $36,378,261.95 $36,378,261.95 $30,838,044.86

| $5/540,217.09) $580,889.11 $338,918.16 $919,807.27 $355,984.32

$563,822.95

$33,046.11 $2,201,490.05 $2,234,536.16 $1,858,463.26 $376,072.90

Capital Fund

Balance at Beginning of Month Receipts

Balance plus Receipts Disbursements Balance at End of Month General Fund - Community Ed

Balance at Beginning of Month Receipts Balance plus Receipts

Disbursements Balance at End of Month

$181,981.44 $400,798.82 $582,780.26 $303,693.16

$279,087.10 $372,740.44 $86,422.30 $459, 162.74 $848.81 ean $408/373-93)

General Reserves Balance at Beginning of Month Receipts

Balance plus Receipts Disbursements Balance at End of Month General Payroll

Balance at Beginning of Month Receipts Balance plus Receipts

Disbursements Balance at End of Month

$4,731, 169.30 $12,004,007.99 $16,735,177.29 $2, 980,2 17.98

| $13,764,959.31) $448,060.95 $12,868,203.48 $13,316,264.43 _ $12,973,989.70

__ $342,274.73

General Fund June 2025 Receipts

Disbursements

Tax Levy

Personnel Costs Webster

Instructional Salaries

$14,650,219.13

Penfield

Non- Intructional Salaries

$2,995,603.55

Ontario

ERS

$235,390.34

Walworth

TRS

$1,419,257.19

STAR

FICA

$1,244,406.37

Sub Total

$0.00

Worker's Compensation Health Benefits

Sales Tax

Monroe

Dental Benefits

$134,691.77

Wayne

Sub Total Personnel Costs Sub Total

$20,679,568.35

$0.00 Instructional Materials

Other Tax Items Pilots Sub Total

$0.00

Equipment

$195,193.53

Supplies

$184,970.78

Textbooks

$234,301.85

Contractuals Sub Total Instructional Materials

$858,494.39 $1,472,960.55

State Aid Categories Gen Aid

$2,405,091.17 | Energy Expenses

Lottery Aid Tuition BOCES

445/443 444 $6,417,216.00

442

Textbook/Software Excess Cost

$188,126.99

Natural Gas

$29,315.02

446 Water $1,387,360.50

Other Aid Sub Total

Electric

441

Fuel

$9,228.89 $6,969.25

Sub Total Energy

$233,640.15

BOCES

$822,845.96

Subtotal

$822,845.96

$10,209,667.67

Other Revenues Interest

$480,724.00

Medicaid

Sub Total

Total Monthly Receipts

Refund of Prior Year

$27,109.52

Aquatic / Community

$85,595.22

Health Services

$2,874.45 | Transfer to Federal

Misc

$1,752.59 Debt Service

$598,055.78]

$10,807,723.45

$42,998.00 $7,218,537.50

Sub Total Debt

$7,261,535.50

Monthly Disbursements

$30,470,550.51

Federal June 2025 [

Receipts

Disbursements

Federal Grants

Federal Grants Title |

$2,524.00

Title |

Title II Title Ill

Title Il

$4,535.00

Title Ill

Title IV

Title V

CRSSA Grant ARP

IDEA 611

$12,435.61 $500.48 $3,019.67

$239.80

CRRSA ESSR Grant

$2,514.00

ARP

$675,866.18

IDEA 619

IDEA 611

$49,884.59

IDEA 619

$8,250.25

School for the Deaf ESY

$685,439.18

Sub Total State Grants

Sub Total

Teacher Center

$30,927.00

UPK

$918,203.00

Sub Total

Teacher Center

$213.06

UPK 4201/Deaf

$949,130.00

Continuing Education Programs

Sub Total

$213.06

Continuing Education Programs

$78,885.93

Salaries

$486,785.64

Equipment

Contractual

$24,334.43

Supplies

$21,584.86

Contractuals

Refunds

Registrations

Sub Total

$78,885.93

Other Grants/Donations

Sub Total

$532,704.93

Other Grants/Donations Cultural Arts

Cultural Arts

Other

BOCES

Transfer Interest

Monthly Receipts

$75,400.50

State Grants

Other

Sub Total

$1,070.10

ARP/Homeless Grant

$957.93 $957.93 $1,714,413.04

Sub Total

Monthly Disbursements

$0.00 $608,318.49

School Lunch (C) June 2025 Receipts

Disbursements

Reimbursable Meals

Personnel Costs

Breakfast

$10,113.75

Non- Intructional Salaries

$203,297.65

Lunch

$94,181.80

ERS

$20,625.97

Ala Carte

$58,070.90

TRS

Adult Sub Total

$4,134.20

FICA/MED

$166,500.65

State

Health Benefits

$24,304.40

Dental Benefits

$959.56

Breakfast

$1,346.00] Sub Total Personnel Costs

Lunch

$4,958.00

Snack Sub Total

$2.00]

$15,174.89

Worker's Compensation

$264,362.47

Food Purchases

$6,306.00

Federal Program

Food Purchases

$168,468.26

Milk/Juice

$37,867.98

Produce

$26,666.22 $23,259.43

Breakfast

$31,245.00

Snack/Drinks

Lunch

$139,453.00

Meats/Proteins

Snack

$1,475.00

Gov't Commodities

Surplus

Other

PBT Sub Total

$172,173.00]

Other Revenues

$256,261.89

Other Expenses

Commissions

$3,427.71

Equipment/Repairs

$4,728.54

Catering

$15,620.17

Contractuals

$1,673.97

Supplies

$8,816.33

Concessions

$806.76

Interest

$1,549.82

Misc

$83.33

Pre-payments Sub Total

Sub Total

Miscellaneous Cash Transfers Sub Total

$15,218.84

Monthly Disbursements

$535,843.20

$21,487.79

Interfund Transfer Total Monthly Receipts

$366,467.44]

Capital June 2025 Receipts Interest

Disbursements

$798.82

2023 85 Project Incidential Expenses Architect/Clerk

Sub Total

$798.82

$528,616.89

Asbestos Monitoring Survey & Engin Contractual/Incidentals Legal Equipment

Sub Total 2023 85

$528,616.89 Project Construction Expenses General Contract

$174,782.90

Plumbing Contract Mechanical Contract Electrical Contract Site Contract Sub Total

$223,725.00 $116,103.30 $514,611.20

BOCES Project Sub Total

$0.00 Spry Emergency Project

Other Revenues Bus Purchase

Sub Total

$0.00

$100k Capital Outlay Project-Schroeder

Total Monthly Receipts

$798.82

Monthly Disbursements

$1,043,228.09

Webster Central School District 2024-2025 Fund Balance Summary Reserved Fund Balance

July

August

September

October

November

December

January

February

March

April

May

Reserve for Encumbrances

355,562

$355,562

Liability Reserve

5,025,478

5,026,319

5,026,260

5,029,003

$5,031,267

$5,034,960

$5,036,741

$5,037,316

$5,037,593

$5,039,902

$5,041,257

$5,041,945

Employee Benefit Accrued Liability Reserve

1,041,209

1,041,380

1,041,712

Retirement Contribution Reserve

$10,049,457

$1,043,182

$1,043,551

$1,043,670

$1,043,728

$1,044,206

$1,044,487

$1,044,629

$ 10,055,507

$10,060,035

$10,067,424

$10,070,985

$10,072,137

$10,072,690

$10,077,309

$10,080,021

$10,080,196

4,772,230

4,773,314

$4,775,462

$4,778,968

$4,780,658

$4,781,204

$4,781,466

$4,783,658

$4,784,944

$4,785,597

4,527,708

$4,529,746

$4,533,071

$4,534,674

$4,535,192

$4,535,441

$4,537,520

$4,538,740

$4,539,360

5,029,115

5,030,257

$5,032,521

$5,034,960

$5,037,997

$5,037,316

$5,038,849

$5,041,159

$5,042,514

$5,043,202

5,289,333

5,290,533

$5,292,911

$5,296,793

$5,293,382

$5,293,987

$5,293,673

$5,301,986

$5,303,411

$5,304,133

TRS Sub Reserve

4,769,928

4,770,709

4,524,496

4,525,238

Worker's Compensation Reserve

5,026,689

5,027,513

Capita! Reserve

5,285,145

5,287,649

3,870,790

3,871,438

Debt Service Reserve

$ 4,012,392

Unemployment Insurance Reserve

Total Reserved Fund Balance:

Unreserved Fund Balance Appropriated Unappropriated/Unassigned Total Unreserved Fund Balance:

Toto Fund Balance

1,227,664

$ 4,013,049 $

1,227,865

$45,188,810

$45,196,741

$ 5,500,000

4,526,680

3,872,672

3,873,552

$3,875,295

$3,878,140

$3,879,511

$3,879,955

$3,880,168

$3,881,946

$3,882,990

$3,883,520

4,014,328

4,015,240

$4,017,047

$4,019,996

$4,021,417

$4,021,877

$4,022,098

$4,023,941

$4,025,023

$4,025,572

1,228,256

1,228,535

$1,229,088

$1,229,990

$1,230,425

$1,230,566

$1,230,633

$1,231,197

$1,231,528

$1,231,696

WU

$1,042,417

$10,053,223 uuu MOM WM

1,041,948

$10,050,018

Tax Certiorari Reserve

Cyber Insurance Reserve

June

45,209,371

$ 45,221,158

$45,241,351

$45,273,048

$45,284,903

$45,288,781

$45,291,900

$45,318,387

$45,330,479

$45,335,414

5,500,000

$ 5,500,000

$5,500,000

$ 5.999,362

$7,265,273

$7,252,215

$7,242,909

$7,224,460

$7,194,352

$7,179,841

$7,175,151

$7,172,896

$7,154,074

$7,143,027

$7,137,422

$11,499,362

$12,765,273

$12,752,215

$ 12,742,909

$12,724,460

$12,694,352

$12,679,841

$12,675,151

$12,672,896

$12,654,074

$12,643,027

$12,637,422

[{sss.sen.a7a] $57,062,010 | $57,063,506 | $ s7,964067 | ¢57,068.010 | $57,967 00 | $57,064,705 | $57,969,992 $57,964,796 | $57,972,462 | $57,973506 | $57,072,636]

Total Budget

$204,438,730

suly2024

| August 2024

| September 2024| October

2024 | November

2024 | December

2024|

y2025 | February 2025| March 2025 | April2025

| May2025

| June2025

Monthly General Fund

$8,169,434

-$458,700

$31,612,911

$81,202,287

$3,941,167

$2,320,031

-$878,638

$16,573,461

$3,286,995

$12,484,365

Comm General Fund

$266,734

$572,764

$222,179

$224,011

$273,665

$278,024

$280,136

$318,093

$320,747

$372,740

$458,314

School Lunch Fund

$559,333

$178,943

$178,171

$628,173

$371,872

$499,009

$286,567

$279,810

$66,636

$578,431

$563,823

Capital Fund

$875,631

$363,547

-$21,699

$1,647,405

$1,234,110

$823,889

$608,579

$231,086

-$347,686

$181,981

$279,087

Federal

$325,358

$429,842

$380,789

$114,542

$810,533

$2,244,446

$2,184,806

$1,426,373

$1,292,287

-$3,126

$376,073

Payroll

$346,315

$401,901

$343,875

$344,462

$342,661

$354,888

$342,661

$341,848

$342,661

$342,275

$31,997,231

$46,382,774

$37,476,251

$70,289,530

$103,655,309

$108,735,102

$86,752,788

$91,483,276

$89,305,003

$60,673,892

$65,405,061

$56,908,096

Ending Total:| $42,540,036 $47,871,071 $70,192,477] $154,450,410 _ $110,631,118|

_$115,709,110|

$93,273,074] $94,307,388] $108,476,487| $65,634,719|

$79,362,114

Reserves/CD/Treasury

$5,540,217

Summary of Investments

Reserve Savings

Bank

Maturity

GRB

daily

4.25%

Interest Rate

CD/5962

Modern

7/31/2025

5.30%

CD/0559

Modern

9/11/2025

4.15%

CD/4559

Modern

5/8/2025

4.40%

CD/0494

Modern

9/11/2025

4.65%

Treasury Bill

Chase

11/30/2025

4.85%

Savings

NY Class

daily

4.56%

Customers Bank

5/9/2027

4.15%

Customers Bank

8/9/2025

4.36%

Customers Bank

4/3/2027

4.15%

Customers Bank

11/9/2026

4.15%

Totals

Amount

$13,754,959 $7,000,000 $3,000,000 $7,000,000 $1,000,000 $4,121,256 $797,676 $1,000,000 $11,000,000 $10,000,000 $2,000,000

$60,673,892

End of document