Board Report June 2024

Pontiac Twp High School School Treasurer Report Fiscal Year 2023-2024

May 2024

Education

Oper. & Maint.

Debt Service Transportation IMRF/SS

Capital Projects Working Cash Tort

Life Safety Total

Beg. Balance

($2,055,516.55)

$1,388,384.36

$28,035.87

$2,662,832.85 $216,342.35 (413,148.32)

$92,464.26

$86,460.93 $194,407.08 $2,200,262.83

.

.

Receipts

$677,299.86

$52,200.61

$0.00

$0.00

7,312.13

40,083.82

$0.00

$0.00

$0.00

$776,896.42

Total

($1,378,216.69)

$1,440,584.97

$28,035.87

$2,662,832.85

$223,654.48 $373,064.50

$92,464.26 $86,460.93 $194,407.08 $2,977,159.25

Disbursements

($1,056,063.03)

($90,321.02)

($26,488.91)

($190,860.78)

($27,579.94)

$292,042.00

$0.00

($5,000.00)

($125.00)

($1,104,396.68)

Ending Balance

($2,434,279.72)

$1,350,263.95

$1,546.96

$2,471,972.07

$196,074.54 ($81,022.50)

$92,464.26 $81,460.93 $194,282.08 $1,872,762.57

MM Investments

$10,594,669.02

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00 $10,594,669.02

Fund Balance

$8,160,389.30 $1,350,263.95

$1,546.96

$2,471,972.07 $196,074.54 ($81,022.50)

$92,464.26 $81,460.93 $194,282.08 $12,467,431.59

Total Investments

Investment Rates

Fund Balance Cash Analysis for GSB & FF

N.O.W. Account SBG

1.11%

Operating Statement Ending Balance GSB

$2,072,556.20

Education

$10,594,669.02

Money Market Account @ BOP

0.55%

Less Checks Outstanding

($199,793.63)

Building

$0.00

Money Market Account @ SBG

1.87%

Accounting Adjustment

$0.00

Bond & Interest

$0.00

.

Payroll Adjustment

$0.00

Transportation

$0.00

CD's at BOP & SBG

IMRF/Soc Sec

$0.00

CD#75154531-SBG14-month 5.1% $4,000,000.00

Investments BOP & GSB

$10,594,669.02

Working Cash

$0.00

CD#6000002891 28-month .55%

$833,738.42

Total Monies

$12,467,431.59

Tort

$0.00

CD#6000004619 13-month 2.05% $1,010,248.03

** Bank Error will be credited on the December Statement

Fire/Life Safety

$0.00

Total

$5,843,986.45

Total Invests.

$10,594,669.02

Money Market Account-Bank of Pontiac

Money Market Account- State Bank of Graymont

Beginning Balance

$ 1,375,408.43

Beginning Balance (Opened June 20)

$ 3,369,296.25

Deposit

$0.00

Debits

DEPOSITS (Transfer from Checking Acct)

$

-

Debits- (Purchase New CD 4530))

$

-

Interest Earned

$

683.94

Interest Earned

$

5,293.95

Account Balance

$ 1,376,092.37

Account Balance

$ 3,374,590.20