Colchester, Connecticut

Comparison Financials thru April

Board of Education Special Meeting 6:00PM

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financial report FY 2021-22 BoardDocs (BOE meetings) 2022-06-14

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Colchester Public Schools
                                     Cafeteria Financials
                                 Comparison Financials thru April

                                     Apr-19          Apr-20          Apr-21          Apr-22
Revenues                           FY 2018-19      FY 2019-20      FY 2020-21      FY 2021-22
State                            $     27,260.00 $     31,709.00 $     24,131.00 $    31,745.76
Federal                              205,570.57      198,494.63      388,625.83      970,227.94
Interest                                    8.21            6.39             -              -
Food Sales Non Program                  5,511.61        6,848.83        1,245.92       2,894.19
Food Sales Program                   318,518.34      253,645.02        11,890.15      33,568.90
Miscellaneous Revenue                                                   1,336.80
Total Revenue                    $ 556,868.73 $ 490,703.87 $ 427,229.70 $ 1,038,436.79

Expenditures
Wages,Fica,Medicare,Retirement        267,740.63        277,057.64      274,941.80      287,444.78
Employee Insurances                    51,988.88         56,902.88       64,411.37       72,414.56
Food Program                          148,952.35        130,979.29      104,091.99      270,133.59
Food Non Program                       23,209.99         18,267.65        1,993.43       13,981.49
Other Costs                            30,755.19         23,384.26       26,322.32       41,232.76
Repairs/Maint                          10,002.13          5,662.18        5,288.77        9,290.76
Equipment                                                      -         15,500.00             -
Total Expenditures               $   532,649.17 $       512,253.90 $    492,549.68 $    694,497.94

Net Gain (Loss)                  $     24,219.56 $      (21,550.03) $   (65,319.98) $   343,938.85
BOE Funding                                                         $          -    $          -
Fund Balance, Beginning          $    (21,604.52) $     (20,512.10) $    25,864.19 $    (24,969.06)
Fund Balance, Ending             $      2,615.04 $      (42,062.13) $   (39,455.79) $   318,969.79