| Page No. | ||
| INTRODUCTORY SECTION | ||
| Letter of Transmittal | I - 1 to I - 11 | |
| Certificate of Excellence in Financial Reporting, Association of School Business Officials International | I – 12 | |
| Certificate of Achievement for Excellence in Financial Reporting, Government Finance Officers Association | I - 13 | |
| Board of School Directors and Principal Officials | I - 14 | |
| Organizational Chart | I - 15 | |
| Schedule for Curriculum Review Cycle | I - 16 | |
| FINANCIAL SECTION | ||
| Independent Auditors' Report | F - 1 to F – 2 | |
| Management's Discussion and Analysis | F - 3 to F - 25 | |
| BASIC
FINANCIAL STATEMENTS
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| Statement of Net Assets | F - 28 to F - 29 | |
| Statement of Activities | F - 30 | |
| Balance Sheet - Governmental Funds | F - 31 | |
| Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets | F - 32 | |
| Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds | F - 33 to F – 34 | |
| Reconciliation of the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances to the Statement of Activities | F - 35 to F - 36 | |
| Statement of Net Assets - Proprietary Funds | F – 37 | |
| Statement of Revenues, Expenses, and Changes in Net Assets - Proprietary Funds | F - 38 | |
| Statement of Cash Flows - Proprietary Funds | F - 39 to F - 40 | |
| Statement of Net Assets - Fiduciary Funds | F - 41 | |
| Statement of Changes in Net Assets - Fiduciary Funds | F - 42 | |
| Notes to the Basic Financial Statements | F-44 to F-70 | |
| REQUIRED SUPPLEMENTARY INFORMATION | ||
| Schedule of Employer Contributions - Other Postemployment Benefits (OPEB) - Post Retirement Health Care Benefits Plan | F - 72 | |
| Schedule of Funding Progress - Other Postemployment Benefits (OPEB) - Post Retirement Health Care Benefits Plan | F - 73 | |
| Notes to Required Supplementary Information | ||
| Other Postemployment Benefits (OPEB) - Post Retirement Health Care Benefits Plan | F - 74 | |
| Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual - General Fund | F - 75 to F - 76 | |
| Notes to Required Supplementary Information Budgetary Data | F – 77 | |
| COMBINING
INDIVIDUAL FUND SCHEDULES SUPPLEMENTAL FINANCIAL INFORMATION) GENERAL FUND |
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| Schedule of General Fund Revenues and Other Financing Sources - Budget to Actual Comparison | F - 80 to F - 81 | |
| Schedule of General Fund Expenditures and Other Financing Uses - Budget to Actual Comparison | F - 82 to F - 86 | |
| DEBT SERVICE SUB-FUNDS | ||
| Combining Balance Sheet - Debt Service Sub-Funds | F - 88 | |
| Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances - Debt Service Sub-Funds | F – 89 | |
| PROPRIETARY FUNDS - INTERNAL SERVICE FUNDS | ||
| Combining Schedule of Net Assets - Proprietary Funds - Internal Service Funds | F – 91 | |
| Combining Schedule of Revenues, Expenses, and Changes in Net Assets - Proprietary Funds - Internal Service Funds | F – 92 | |
| Combining Schedule of Cash Flows - Proprietary Funds - Internal Service Funds | F - 93 | |
| PRIVATE PURPOSE TRUST FUNDS AND AGENCY FUNDS | ||
| Combining Schedule of Net Assets - Fiduciary Funds - Private Purpose Trust Funds | F - 95 to F – 100 | |
| Combining Schedule of Changes in Net Assets - Fiduciary Funds - Private Purpose Trust Funds | F - 101 to F - 106 | |
| Combining Schedule of Changes in Assets and Liabilities - Fiduciary Funds - Agency Funds | F - 107 | |
| Financial Trends | ||
| Net Assets by Component | S - 2 | |
| Changes in Net Assets - Governmental Activities | S - 3 to S – 4 | |
| Changes in Net Assets - Business-type Activities | S - 5 | |
| Changes in Net Assets - Total Primary Government | S - 6 to S - 7 | |
| Fund Balances of Governmental Funds | S - 8 | |
| Unreserved/Undesignated General Fund Balance as Percentage of Actual Expenditures | S - 9 | |
| Changes in Fund Balances of Governmental Funds | S - 10 | |
| General Fund Revenues and Other Financing Sources by Source | S - 11 | |
| General Fund Revenues and Other Financing Sources by Account | S - 12 to S - 13 | |
| General Fund Expenditures and Other Financing Uses by Function | S - 14 | |
| General Fund Expenditures and Other Financing Uses by Sub-Function | S - 15 | |
| Schedule of Cost Per Student Based on Total Primary Government Expense | S - 16 | |
| Schedule of General Fund Expenditures Per Student Based on Governmental Fund Expenditures | S - 17 | |
| General Fund Cash Flow Analysis | S - 18 | |
| Revenue Capacity | ||
| Property Tax Levy and Collections | S - 19 | |
| Occupation, Per Capita, Earned Income and Current Property Tax Collections | S - 20 | |
| Assessed Value and Estimated Actual Value of Taxable Property | S - 21 | |
| Taxable Assessed and Estimated Actual Property Values | S - 22 | |
| Property Tax Rates - Direct and Overlapping Goverments | S - 23 | |
| Lancaster County School Districts Schedule of Millage Rates | S - 24 | |
| Principal Taxpayers | S - 25 | |
| County of Lancaster Earned Income Tax Statistics | S - 26 | |
| Debt Capacity | ||
| Schedule of Direct and Overlapping Debt | S - 27 | |
| Computation of Nonelectoral Debt Margin | S - 28 | |
| Legal Debt Margin Information | S - 29 | |
| Ratio of Annual Debt Service for General Obligation Bonded Debt to Total General Fund Expenditures and Other Financing Uses | S - 30 | |
| Ratio of Annual Debt Service for General Obligation Bonded Debt to Total General Fund Revenues and Other Financing Sources | S – 31 | |
| Ratios of General Obligation Bonded Debt to Taxable Assessed Property Value, Per Capita, Personal Income and Student Enrollment | S - 32 | |
| Gross Debt Service Schedule | S - 33 | |
| Demographic and Economic Information | ||
| Enrollment History and Projections by Instructional Level | S - 34 | |
| Demographic Characteristics by Township | S - 35 to S - 36 | |
| Lancaster County Demographic and Economic Statistics | S - 37 | |
| Lancaster County Principal Employers | S - 38 | |
| PSERS Retirement Rates | S - 39 | |
| Operating Information | ||
| Full-Time Equivalent Employees by Function | S - 40 | |
| District Building Information | S - 41 | |
| Capital Assets Statistics by Function/Program | S - 42 | |
| Schedule of Insurance Policies | S - 43 to S - 44 | |
| Glossary of Terms | S - 46 to S - 51 | |
| SINGLE AUDIT SECTION | ||
| Schedule of Expenditures of Federal Awards | SA - 2 to SA - 4 | |
| Notes to Schedule of Expenditures of Federal Awards | SA - 5 | |
| Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards | SA - 6 to SA - 7 | |
| Report on Compliance with Requirements Applicable to each Major Program and on Internal Control Over Compliance in Accordance with OMB Circular A-133 | SA - 8 to SA - 9 | |
| Schedule of Findings and Questioned Costs | SA - 10 | |
| Summary Schedule of Prior Audit Findings | SA - 11 | |