‘
Yne Webster Students
2024-25
First. District
Fiscal Year
Treasurer's Report
For the Month Ending
May 31, 2025
Lori Schreiber, Treasurer Brian Freeman, Assistant Superintendent for Business
Proud.
Executive Summary Revenues:
e
The first quarter (county) and our 3rd installment of sales tax arrived and is slightly higher than last year at this time.
e
State aid payment is second to last of the fiscal year.
e@
Larger refund due to a bus accident and its value being replaced.
e@
School lunch revenues exceeded last May by a small amount.
e
Federal fund revenue is limited to Continuing Education program registrations.
Appropriations:
e
General fund spending in May is trending higher for two reasons. oO
BOCES billing for Contract Transportation was behind by several months
o
Transfers to Federal fund for summer program and capital work were
completed this month @
School lunch expenditures remained consistent with typical May evels.
e@
Capital project spending for the $85 million initiative focused on planning for upcoming phases, including extensive surveying and engineering work for the Spry and Thomas project areas.
Some mall payments have been made for HVAC
prep work on the Willink addition.
@
Most federal grants have been expended; current activity is limited to minor contractual expenditures and adjustments, with ongoing spending primarily in WonderCare and Continuing Education programs.
Cash Flow:
Cash flow increased as we had revenues outpace expenditures. We continue to strategically use cash on hand to maximize interest earnings.
Projections indicate strong cash flow through the end of the fiscal year. Current cash flow remains higher than the same period last year.
A temporary negative cash flow in the federal fund is due to check clearance timing.
Miscellaneous/ Investments:
Investments are currently distributed across six banks, with interest rates ranging from 4.15% at the low end to 5.30% at the high end. Investment decisions are guided by ongoing cash flow analytics, helping to optimize both amount and duration. Current analytics support increased investment activity as rates have held steady
over the last quarter.
Webster Central School
Treasurer's Report
May 31, 2025
Month of May
General Fund $3,448,926.09 $45,016,001.50 $45,016,001.50 $32,531 ,636.84
Balance at Beginning of Month Receipts Balance plus Receipts
Disbursements Balance at End of Month
| $12,484,364.66
School Lunch Fund
$67,807.38 $876,220.42 $944,027.80 $365,596.37
Balance at Beginning of Month Receipts Balance plus Receipts
Disbursements Balance at End of Month
|
$578,431.49)
Federal Fund
$1,307, 796.39 $86,787.61 $1,394,584.00 $1,397, 710.39
Balance at Beginning of Month Receipts Balance plus Receipts
Disbursements Balance at End of Month
© 8312630]
Capital Fund
Balance at Beginning of Month Receipts Balance plus Receipts Disbursements Balance at End of Month
$503,843.70 $1,000,833.40 $1,504,677.10
|
$1,322,695.66
$181,981.44)
Community Ed Balance at Beginning of Month Receipts Balance plus Receipts
Disbursements Balance at End of Month
General Reserves Balance at Beginning of Month Receipts Balance plus Receipts Disbursements
Balance at End of Month
$320,747.43 $52,027.26 $372,774.69
$34.25
$372,740.44 $18,688, 190.31 $43,828.77 $18,732,019.08 $0.00
| $18,732,019.08
General Payroll Balance at Beginning of Month Receipts
$448,060.95 $7,014,619.45
Balance plus Receipts
$7,462,680.40
Disbursements Balance at End of Month
$7,120,019.02
$342,661.38
General Fund May 2025
Receipts
Disbursements
Tax Levy
Personnel Costs
Webster
Instructional Salaries
$7,695,261.69 $2,355,362.69
Penfield
Non- Intructional Salaries
Ontario
ERS
$324,709.59
Walworth
TRS
$734,361.39
STAR
FICA
$738,759.30
Sub Total Sales Tax
$0.00 Monroe
Worker's Compensation
$2,515,851.70
$12,587.83
Health Benefits
$2,739,515.54
Dental Benefits
$122,383.66
Wayne Sub Total Personnel Costs Sub Total
$14,722,941.69
$2,515,851.70
Instructional Materials Other Tax Items Pilots Sub Total
$0.00
Equipment
$284,499.64
Supplies
$239,652.23
Textbooks
$7,462.52
Contractuals
$471,919.31
Sub Total Instructional Materials
$1,003,533.70
State Aid Categories Gen Aid
$9,242,989.34 | Energy Expenses
Lottery Aid Tuition
Electric
$90,147.76
BOCES
445/443 444
442 Natural Gas
$31,519.96
Textbook/Software
446 Water
$4,306.79
Excess Cost
441 Fuel
$13,789.06
Other Aid Sub Total
sub Total Energy
$139,763.57
$9,242,989.34 BOCES
$1,746,115.41
Subtotal
$1,746,115.41
Other Revenues interest
$212,839.20
Medicaid
$85,239.86
Refund of Prior Year
$150,664.87
Aquatic / Community
$102,843.30
Health Services Misc
Sub Total
Total Monthly Receipts
$4,669.01
$556,256.24]
Transfer to Federal
$240,000.00
Transfer to Capital
$64,683.00
Sub Total Debt
$304,683.00
$12,315,097.28 | Monthly Disbursements
$17,917,037.37
Federal May 2025
Receipts
Disbursements
Federal Grants
Federal Grants Title |
Title |
Title I!
Title Il
$1,500.00
Title Ill
Title Ill
$4,557.50
Title IV
Title IV
$1,100.00
Title V
Title V
CRSSA Grant
CRRSA ESSR Grant
ARP
ARP
IDEA 611
IDEA 611
$48,732.59
IDEA 619
IDEA 619
$7,065.25
School for the Deaf
$18,166.06
ESY Sub Total
$0.00] Sub Total
State Grants
$81,121.40
State Grants Teacher Center.
Teacher Center
UPK
UPK
Other Sub Total
$18,719.35
4201/Deaf $0.00] Sub Total
Continuing Education Programs
$18,719.35
Continuing Education Programs Registrations
$79,843.86
Salaries
Equipment
Contractual
Supplies
Supplies
Contractuals Sub Total
$136,445.04
Refunds $79,843.86]
Other Grants/Donations
Sub Total
$136,445.04
Other Grants/Donations Cultural Arts
Cultural Arts
Other
BOCES
Transfer
ARP/Homeless Grant
Interest
Sub Total Monthly Receipts
$0.00] Sub Total $79,843.86]
Monthly Disbursements
$0.00 $236,285.79
School Lunch (C) May 2025 Receipts
Disbursements
Reimbursable Meals
Personnel Costs Breakfast
$15,105.25
Lunch
$133,184.60
Ala Carte
$95,624.69
Adult Sub Total
.
Non- Intructional Salaries
$149,294.62
ERS
$17,537.90
TRS
$4,849.95
FICA/MED
$248,764.49
State
Health Benefits
$24,304.40
Dental Benefits
$959.56
Breakfast
$1,135.00} Sub Total Personnel Costs
Lunch
$4,129.00
Snack Sub Total
$11,046.70
Worker's Compensation
$203,143.18
$2.00] Food Purchases $5,266.00
Federal Program
Food Purchases
$95,475.63
Milk/Juice
$31,740.75
Produce Breakfast
$26,138.00
Lunch
$117,280.00
Snack
$1,279.00
Snack/Drinks
$15,321.10
Meats/Proteins
Gov't Commodities
Surplus
Other
PBT
Sub Total
$144,697.00]
Sub Total
Other Revenues
Other Expenses Commissions
$3,609.96
Catering
$3,008.28
Concessions
$4,617.21
Interest
.
$607.14
Misc
Equipment/Repairs
$30,235.17
Contractuals
$2,001.73
Supplies
$4,666.08
Miscellaneous
$18,818.16
Cash Transfers
Pre-payments Sub Total
$142,537.48
Sub Total
$55,721.14
$410,570.08 | Monthly Disbursements
$401,401.80
$11,842.59
Interfund Transfer Total Monthly Receipts
Capital May 2025 Receipts Interest
Disbursements
$833.40
2023 85 Project Incidential Expenses Architect/Clerk
Sub Total
$833.40
$84,194.41
Asbestos Monitoring Survey & Engin
$244,738.80
Contractual/Incidentals
$34,750.00
Legal Equipment
$363,683.21
Sub Total 2023 85
Project Construction Expenses
General Contract Plumbing Contract Mechanical Contract
$104,082.95
Electrical Contract Site Contract Sub Total
$104,082.95
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
$833.40
Monthly Disbursements
$467,766.16
Webster Central School District
2024-2025 Fund Balance Summary July
August
September
355,562 $ $ 5,025,478
355,562 $ $ 5,026,319
355,562 $ $ 5,026,260
Reserved Fund Balance
Reserve for Encumbrances Liability Reserve
1,041,209
Tax Certiorari Reserve
Worker's Compensation Reserve
$
1,041,380
April
$355,562 $5,037,593
$355,562 $5,039,902
$
May
$355,562 $5,041,257
1,041,948
$1,042,417
$1,043,182
$1,043,551
$1,043,670
$1,043,728
$1,044,206
$1,044,487
$ 10,055,507 $ 4,773,314 $ 4,527,708 $ 5,030,257
$10,060,035 $4,775,462 $4,529,746 $5,032,521
$10,067,424 $4,778,968 $4,533,071 $5,034,960
$10,070,985 $4,780,658 $4,534,674 $5,037,997
$10,072,137 $4,781,204 $4,535,192 $5,037,316
$10,072,690 $4,781,466 $4,535,441 $5,038,849
$10,077,309 $4,783,658 $4,537,520 $5,041,159
$10,080,021 $4,784,944 $4,538,740 $5,042,514 $5,303,411
$5,292,911
$5,296,793
$5,293,382
$5,293,987
$5,293,673
$5,301,986
3,873,552
$3,875,295
$3,878,140
$3,879,511
$3,879,955
$3,880,168
$3,881,946
$3,882,990
4,014,328
$4,017,047
$4,019,996
$4,021,417
$4,021,877
$4,022,098
$4,023,941
$4,025,023
$1,229,088
$1,229,990
$1,230,425
$1,230,566
$1,230,633
$1,231,197
$1,231,528
$45,209,371
$ 4,015,240 $ 1,228,535 $ 45,221,158
$45,241,351
$45,273,048
$45,284,903
$45,288,781
$45,291,900
$45,318,387
$45,330,479
$ 5,500,000 $ 5,500,000 $7,252,215 $7,.265.273 $12,765,273 $12,752,215
$5,500,000 $7,242,909 $ 12,742,909
$5,500,000 $5,500,000 $7,194,352 $7,224.460 $12,724,460 $12,694,352
$5,500,000 $7,179,842 $12,679,841
$5,500,000 $7,175,151 $12,675,151
$5,500,000 $7,172,896 $12,672,896
$5,500,000 $7,154,074 $12,654,074
$5,500,000 $7,143,027 $12,643,027
$ 4,012,392 $ 1,227,664 $ 45,188,810
$ 4,013,049 $ 1,227,865 $ $45,196,741
$ 5,500,000 $ 5,999,362 $11,499,362
S$
3,871,438
WH
5,290,533
$
Cyber Insurance Reserve
1,228,256
Unreserved Fund Balance
Appropriated Unappropriated/Unassigned Total Unreserved Fund Balance:
March
$355,562 $5,037,316
$
S$
Total Reserved Fund Balance:
February
$355,562 $5,036,741
3,872,672
$ 5,285,145
Debt Service Reserve Unemployment Insurance Reserve
1,041,712
January
$355,562 $5,034,960
5,289,333
$ 5,287,649
Capital Reserve
3,870,790
$
$10,053,223 $ 4,772,230 4,526,680 5,029,115
December
$355,562 $5,031,267
uw
$10,050,018 $ 4,770,709 $ 4,525,238 $ 5,027,513
November
355,562 5,029,003
uw
$
$10,049,457 S$ 4,769,928 $ 4,524,496 $ 5,026,689
uu
Employee Benefit Accrued Liability Reserve
Retirement Contribution Reserve TRS Sub Reserve
October
$ $
June
Total Budget
$204,438,730
|
July2024
| August 2024
| September 2024| October 2024 | November
2024 | December
2024 |
¥2025 | February 2025| March 2025 | April2025
| May2025 | Junez025|
Monthly
General Fund Comm General Fund School Lunch Fund Capital Fund Federal
Payroll Reserves/CD/Treasury
$8,169,434 $266,734 $559,333 $875,631 $325,358
-$458,700 $572,764 $178,943 $363,547 $429,842
$31,612,911 $222,179 $178,171 -$21,699 $380,789
$81,202,287 $224,011 $628,173 $1,647,405
$3,941,167 $273,665 $371,872 $1,234,110
$114,542
$810,533
$3,941,167 $273,665 $371,872 $1,234,110
$2,320,031 $278,024 $499,009 $823,889
-$878,638 $280,136 $286,567 $608,579
$16,573,461 $318,093 $279,810 $231,086
$3,286,995 $320,747 $66,636 -$347,686
$810,533
$2,244,446
$2,184,806
$1,426,373
$1,292,287
$346,315 $31,997,231
$401,901 $46,382,774
$343,875 $37,476,251
$344,462 $70,289,530
$344,462 $103,655,309
$342,661 $108,735,102
$42;540,036|
_$47,871,071|
$70,192,477 $154,450,410|
$110,631,118|
_$115,709,110| _ $93,273,074|
$354,888 $86,752,788
$342,661 $91,483,276
$342,661 $89,305,003
$341,848 $79,144,559
$12,484,365 $372,740 $578,431 $181,981 -$3,126
$342,661 $83,875,729
$94,307,388| $108,476,487| $84,105,386] $97,832,782)
$0
Summary of Investments
Reserve Savings
Bank
Maturity
Interest Rate
GRB
daily
4.25%
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%
Treasury Bill
Chase
6/5/2025
5.23%
Savings
NY Class
daily
4.56%
cD
Canandaigua
6/11/2025
4.20%
cD
Customer Bank
6/19/2025
4.49%
Totals
# of Days
Amount
$18,732,019 $7,000,000 $3,000,000 $7,000,000 $1,000,000 $4,121,256 $1,566,133 $12,725,151 $9,000,000 $15,000,000
$79,144,559