Colchester, Connecticut

Cafeteria Comparison Financials through November

Board of Education Meeting 6:00PM

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Colchester Public Schools
                                        Cafeteria Financials
                                 Comparison Financials thru November

                                       Audited         Audited        Unaudited      Unaudited
                                        Nov-18          Nov-19          Nov-20         Nov-21
Revenues                              FY 2018-19      FY 2019-20      FY 2020-21     FY 2021-22
State                               $     15,146.00 $     11,468.00 $           -   $ 23,262.76
Federal                                   78,486.31       90,363.61     103,730.54    360,184.56
Interest                                       5.70            4.05             -             -
Food Sales Non Program                     1,905.10        2,725.55          574.42        812.94
Food Sales Program                      136,460.47      134,755.11         8,136.25     11,245.17
Miscellaneous Revenue                                                      1,336.80
Total Revenue                       $ 232,003.58 $ 239,316.32 $ 113,778.01 $ 395,505.43

Expenditures
Wages,Fica,Medicare,Retirement          105,237.54       108,436.30       101,471.11   109,199.01
Employee Insurances                      19,495.83        21,338.58        24,154.27    27,155.46
Food Program                             74,760.13        65,332.66        24,643.04   111,521.00
Food Non Program                          9,662.49         9,849.61           588.89     6,670.51
Other Costs                               9,972.46        12,093.84         6,235.70    21,587.58
Repairs/Maint                             5,536.15         4,335.62           669.50     3,873.11
Equipment                                                       -                -            -
Total Expenditures                  $   224,664.60 $     221,386.61 $     157,762.51 $ 280,006.67

Net Gain (Loss)                     $      7,338.98 $      17,929.71 $    (43,984.50) $ 115,498.76
BOE Funding                                                           $          -    $        -
Fund Balance, Beginning             $    (21,604.52) $    (19,145.35) $    15,500.00 $      375.00
Fund Balance, Ending                $    (14,265.54) $     (1,215.64) $   (28,484.50) $ 115,873.76