EXHIBIT B-2
(Page 2 of 2)
MIDDLETOWN TOWNSHIP BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 2005
(With Comparative Totals for June 30, 2004)
 
TOTALS
SPECIAL CAPITAL DEBT (MEMORANDUM ONLY)
GENERAL REVENUE PROJECTS SERVICE PERMANENT JUNE 30, JUNE 30,
FUND FUND FUND FUND FUND 2005 2004
Excess/(Deficiency) of
    Revenues Over/
    (Under) Expenditures (1,311,210)   (4,758,318) (75,000) (12,142) (6,156,670) (5,865,930)
Other Financing Sources/(Uses):
    Capital Leases
        (Non-budgeted) 554,054 554,054
    Transfer to Charter
        Schools (16,126) (16,126) (19,506)
    Increase in Capital
        Reserve 514
    I.B.N.R. 310,200 310,200 248,500
    Transfers In 126,500 126,500 415,503
    Transfers Out (126,500)     (126,500) (415,503)
         
Total Other Financing
    Sources/Uses 848,128   (126,500) 126,500   848,128 229,508
Net Change in Fund
    Balances (463,082) (4,884,818) 51,500 (12,142) (5,308,542) (5,636,422)
Fund Balance - July 1 9,831,212 7,803,734 168,778 618,903 18,422,627 24,059,049
             
Fund Balance - June 30 $9,368,130   2,918,916 220,278 606,761 13,114,085 18,422,627
See Accompanying Notes to Financial Statements