Fund Balance June 30, 2022 $ -SPECIAL AID FUND – BALANCE SHEET JUNE 30, 2022Cash – unrestricted $ 18,738 Accounts Payable $ 108,745State and Federal AidReceivable 1,221,662 Due to other govts -Due from other funds 3,641,904 Due to other funds 4,724,459Collections in advance 49,100Total Assets $ 4,882,304 Total Liabilities $ 4,882,304CUSTODIAL FUND – CASH BALANCE JUNE 30, 2022CASH BALANCE – restricted July 1, 2021 $ -RECEIPTS 43,623,296DISBURSEMENTS 43,623,296CASH BALANCE – restricted June 30, 2022 $ -CAPITAL PROJECTS FUND CASH BALANCECASH BALANCE July 1, 2021 $ 2,630,656RECEIPTS 3,891DISBURSEMENTS 349,768CASH BALANCE June 30, 2022 $ 2,284,779CAPITAL PROJECTS FUND-BALANCE SHEET JUNE 30, 2022Cash – unrestricted $ 757,994 Accounts payable $ 36,576Cash – restricted 1,526,785 Due to other funds 408,949Dues from other funds 853,089 Fund Balance 2,692,343Total Assets $ 3,137,868 Total Liabilities $ 3,137,868STATEMENT OF CAPITAL INDEBTEDNESS JUNE 30, 2022BONDS PAYABLELibrary Serial $ 1,755,000Construction Serial 1,500,000Installment Purchase Bus/Van/Skid steer 41,722 TOTAL CAPITAL INDEBTEDNESS JUNE 30, 2022 $ 3,296,722STATEMENT OF GENERAL FIXED ASSET ACCOUNTS JUNE 30, 2022Land $ 3,142,368Construction in Progress 617,227Building & Building Improvements 44,014,450Furniture and Equipment 1,656,370Licensed Vehicles 600,557Outdoor Improvements 1,061,22451,092,196Less: Accumulated Depreciation (20,598,565)Capital Assets, net $ 30,493,631The full text of the annual financial report in the form filed with the State EducationDepartment is available for public inspection during normal business hours at theBusinessOffice of the district located in the Manor Oaks building at 1950 Hillside Ave,New Hyde Park NY 11040 andcan also be found on the district web site www.nhp-gcp.org.ANALYSIS OF GENERAL FUND BALANCEFund Balance – July 1, 2021 $ 17,426,796Add: REVENUESReal Property Taxes 30,636,971Other Real Property Tax Items 2,846,882State Sources 8,599,191Federal Sources 87,430Other Sources 1,096,848TOTAL REVENUES 43,267,322Less: EXPENDITURESGeneral Support 4,676,498Instruction 21,043,415Pupil Transportation 1,246,388Employee Benefits 9,391,342Community Service 1,604Debt Service 2,172,165TOTAL EXPENDITURES 38,531,411OTHER FINANCING SOURCES AND (USES)Operating transfers in 443,985Operating transfers (out) (613,091)TOTAL (169,106)Fund Balance – June 30, 2022 $ 21,993,601ANALYSIS OF SCHOOL LUNCH FUND BALANCEFund Balance – July 1, 2021 $ 76,203Add: Sales 2,368State/Federal Sources 632,081Other Sources 20TOTAL REVENUE 634,469Less: Cost of Sales 488,773Employee benefits 7,371TOTAL EXPENDITURES 496,144OTHER FINANCING SOURCES AND (USES)Operating transfers in -Operating transfers (out) (65.685)TOTAL (65.685)Fund Balance – June 30, 2022 $ 148,843SPECIAL AID FUND – ANALYSIS OF REVENUE AND EXPENDITURESFund Balance – July 1, 2021 $ (1,527,284.00)Add: REVENUESMiscellaneous 1,614State Sources 737,354Federal Sources 2,558,162TOTAL REVENUES 3,297,130Less: EXPENDITURESGeneral Support 48,962Pupil Transportation 44,945Instruction 1,765,511Employee Benefits 73,519TOTAL EXPENDITURES 1,932,937OTHER FINANCING SOURCES AND (USES)Operating transfers in 163,091Operating transfers (out) -TOTAL 163,091NEW HYDE PARK-GARDEN CITY PARK UNION FREE SCHOOL DISTRICT Towns of North Hempstead and Hempstead Annual Financial Report Year Ending June 30, 2022
