Corbin Independent Schools Balance Sheet Report for FY 2007
GENERAL FUND (1)	ACCOUNT BALANCE
ASSETS
CASH IN BANK	1,473,569.25
ACCOUNTS RECEIVABLE	73,075.55
TOTAL ASSETS	1,546,644.80
LIABILITIES
ACCOUNTS PAYABLE	-45,025.16
ACCR SALARIES & BENEFT PAYABLE	-33,156.26
ACCRUED WORKERS COMPENSATION	-4,360.15
TOTAL LIABILITIES	-82,541.57
FUND BALANCE
RESTRICTED FOR SICK LV PAYABLE	-68,084.35
UNRESERVED FUND BALANCE	-1,396,018.88
TOTAL FUND BALANCE FOR FUND 1	-1,464,103.23
SPECIAL REVENUE (2)	ACCOUNT BALANCE
ASSETS
CASH IN BANK	-59,878.51
ACCOUNTS RECEIVABLE	226,345.54
TOTAL ASSETS	166,467.03
LIABILITIES
DEFERRED REVENUE	-166,467.03
TOTAL LIABILITIES	-166,467.03
BUILDING FUND (5 CENT LEVY) (320)	ACCOUNT BALANCE
ASSETS
CASH IN BANK	79,399.46
TOTAL ASSETS	79,399.46
FUND BALANCE
UNRESERVED FUND BALANCE	-79,399.46
TOTAL FUND BALANCE FOR FUND 320	-79,399.46
CONSTRUCTION FUND (360)	ACCOUNT BALANCE
ASSETS
CASH IN BANK	12,341,101.94
TOTAL ASSETS	12,341,101.94
LIABILITIES
ACCOUNTS PAYABLE	-625,033.39
TOTAL LIABILITIES	-625,033.39
FUND BALANCE
RESTRICTED FOR FUTURE CONSTRUC	-53,976.44
UNRESERVED FUND BALANCE	-11,662,092.11
TOTAL FUND BALANCE FOR FUND 360	-11,716,068.55
FOOD SERVICE FUND (51)	ACCOUNT BALANCE
ASSETS
CASH IN BANK	94,888.98
ACCOUNTS RECEIVABLE	135,584.33
INVENTORIES FOR CONSUMPTION	34,073.00
TOTAL ASSETS	264,546.31
LIABILITIES
ACCOUNTS PAYABLE	-17,440.79
TOTAL LIABILITIES	-17,440.79
FUND BALANCE
UNRESERVED FUND BALANCE	-247,105.52
TOTAL FUND BALANCE FOR FUND 51	-247,105.52
DAY CARE OPERATIONS (52)	ACCOUNT BALANCE
ASSETS
CASH IN BANK	31,155.22
TOTAL ASSETS	31,155.22
LIABILITIES
ACCOUNTS PAYABLE	-2,558.33
TOTAL LIABILITIES	-2,558.33
FUND BALANCE
UNRESERVED FUND BALANCE	-28,596.89
TOTAL FUND BALANCE FOR FUND 52	-28,596.89
GOVERNENMENTAL ASSETS (8)	ACCOUNT BALANCE
ASSETS
LAND	565,948.16
LAND IMPROVEMENTS	1,495,219.63
ACCUM DEPR-LAND IMRPROVEMENTS	-1,151,157.30
BUILDINGS & BLDG IMPROVEMENTS	13,496,524.59
ACCUM DEPRECIATION - BUILDINGS	-7,210,772.92
TECHNOLOGY EQUIPMENT	1,770,330.19
ACCUM DEPR  TECHNOLOGY EQUIP	-1,309,011.39
VEHICLES	1,159,645.65
ACCUMULATED DEPRECIATION	-767,418.77
GENERAL EQUIPMENT	710,052.12
ACCUM DEPR GENERAL EQUIPMENT	-202,982.50
CONSTRUCTION WORK IN PROGRESS	449,226.89
TOTAL ASSETS	9,005,604.35
LIABILITIES
INVESTMENT GOVERNMENTAL ASSETS	-9,005,604.35
TOTAL LIABILITIES	-9,005,604.35
FOOD SERVICE ASSETS (81)	ACCOUNT BALANCE
ASSETS
TECHNOLOGY EQUIPMENT	30,371.20
ACCUM DEPR  TECHNOLOGY EQUIP	-10,161.64
GENERAL EQUIPMENT	422,520.53
ACCUM DEPR GENERAL EQUIPMENT	-255,505.07
TOTAL ASSETS	187,225.02
LIABILITIES
INVESTMENT BUSINESS ASSETS	-187,225.02
TOTAL LIABILITIES	-187,225.02