CENTRAL KANSAS LIBRARY SYSTEM

CENTRAL KANSAS LIBRARY SYSTEM

Financial StatementWith Independent Auditors' Report

For the Year Ended December 31, 2013

CENTRAL KANSAS LIBRARY SYSTEMFinancial Statement With Independent Auditors' Report

For the Year Ended December 31, 2013

TABLE OF CONTENTS

Independent Auditors' Report 1

Summary Statement of Receipts, Expenditures and Unencumbered Cash - Regulatory Basis .4

Notes to Financial Statement 5

Regulatory-Required Supplementary Information

Schedule 1 - Summary of Expenditures - Actual and Budget - Regulatory Basis 12

Schedule 2 - Schedule of Receipts and Expenditures - Regulatory BasisIndividually presented by fund

Governmental Type FundsGeneral Fund2-1 General Fund 13

Special Purpose Funds2-2 State Resource Grant Fund 142-3 Kansas Talking Books Service Grant Fund 152-4 Dane G. Hansen Grant Fund 162-5 Gates Broadband Grant Fund 172-6 LST A KOHA Grant Fund 182-7 Capital Improvement Fund 19

Trust Fund2-8 Processing Center Fund 20

Phone (620)792-2428 • Fax (620)792-5559 • www.abbb.com

2006 Broadway, Suite 2AP.O. Drawer J • Great Bend, Kansas 67530~~~---"-----j

ADAMSBROWNBERAN& BALL

CertifiedPublic

Accountants

INDEPENDENT AUDITORS' REPORT

To the Board of DirectorsCentral Kansas Library SystemGreat Bend, Kansas

We have audited the accompanying fund summary statement of regulatory basis receipts, expenditures,and unencumbered cash balances of Central Kansas Library System, as of and for the year endedDecember 31, 2013 and the related notes to the financial statement.

Management's Responsibility for the Financial Statement

Management is responsible for the preparation and fair presentation of this financial statement inaccordance with the Kansas Municipal Audit and Accounting Guide as described in Note 1 to meet thefinancial reporting requirements of the State of Kansas; this includes determining that the regulatory basisof accounting is an acceptable basis for the preparation of the financial statement in the circumstances.Management is also responsible for the design, implementation and maintenance of internal controlrelevant to the preparation and fair presentation of the financial statement that is free from materialmisstatement, whether due to fraud or error.

Auditors' Responsibility

Our responsibility is to express an opinion on the financial statement based on our audit. We conductedour audit in accordance with auditing standards generally accepted in the United States of America andthe Kansas Municipal Audit and Accounting Guide. Those standards require we plan and perform theaudit to obtain reasonable assurance about whether the financial statement is free from materialmisstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures inthe financial statement. The procedures selected depend on auditor's judgment, including theassessment of the risks of material misstatement of the financial statement, whether due to fraud or error.In making those risk assessments, the auditor considers internal control relevant to the entity'spreparation and fair presentation of the financial statement in order to design audit procedures that areappropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness ofthe entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluatingthe appropriateness of accounting policies used and the reasonableness of significant accountingestimates made by management, as well as evaluating the overall presentation of the financial statement.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis forour audit opinion.

Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles

As described in Note 1, the financial statement is prepared by Central Kansas Library System to meetthe requirements of the State of Kansas on the basis of the financial reporting provisions of the Kansas

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Central Kansas Library SystemPage 2

Municipal Audit and Accounting Guide, which is a basis of accounting other than accounting principlesgenerally accepted in the United States of America. The effects on the financial statement of thevariances between the regulatory basis of accounting described in Note 1 and accounting principlesgenerally accepted in the United States of America, although not reasonably determinable, are presumedto be material.

Adverse Opinion on U.S. Generally Accepted Accounting Principles

In our opinion, because of the significance of the matters discussed in the "Basis for Adverse Opinion onU.S. Generally Accepted Accounting Principles" paragraph, the financial statement referred to abovedoes not present fairly, in conformity with accounting principles generally accepted in the United States ofAmerica, the financial position of Central Kansas Library System as of December 31, 2013, or changesin financial position and cash flows thereof for the year then ended.

Opinion on Regulatory Basis of Accounting

In our opinion, the financial statement referred to above presents fairly, in all material respects, theaggregate cash and unencumbered cash balance of Central Kansas Library System as of December31, 2013, and the aggregate receipts and expenditures for the year then ended in accordance with thefinancial reporting provisions of the Kansas MunicipalAudit and Accounting Guide as described in Note 1.

Report on Supplementary Information

Our audit was conducted for the purpose of forming an opinion on the fund summary statement ofregulatory basis receipts, expenditures and unencumbered cash balances (basic financial statement) as awhole. The summary of regulatory basis expenditures - actual and budget and individual fund schedulesof regulatory basis receipts and expenditures - actual and budget (Schedules 1 and 2 as listed in thetable of contents) are presented for analysis and are not a required part of the basic financial statement;however, are required to be presented under the provisions of the Kansas Municipal Audit andAccounting Guide. Such information is the responsibility of management and was derived from andrelates directly to the underlying accounting and other records used to prepare the basic financialstatement. The information has been subjected to the auditing procedures applied in the audit of the basicfinancial statement and certain additional procedures, including comparing and reconciling suchinformation directly to the underlying accounting and other records used to prepare the basic financialstatement or to the basic financial statement itself, and other additional procedures in accordance withauditing standards generally accepted in the United States of America. In our opinion, the information isfairly stated, in all material respects, in relation to the basic financial statement as a whole, on the basis ofaccounting described in Note 1.

The 2012 Actual column presented in the individual fund schedules of regulatory basis receipts andexpenditures - actual and budget (Schedule 2 as listed in the table of contents) is also presented forcomparative analysis and is not a required part of the 2013 basic financial statement upon which werendered an unmodified opinion dated July 16, 2014. The 2012 basic financial statement and ouraccompanying report are not presented herein, but are available in electronic form from the web site ofthe Kansas Department of Administration at the following link http://da.ks.gov/ar/muniserv/. Such 2012comparative information is the responsibility of management and was derived from and relates directly tothe underlying accounting and other records used to prepare the 2012 basic financial statement. The2012 comparative information was subjected to the auditing procedures applied in the audit of the 2012basic financial statement and certain additional procedures, including comparing and reconciling suchinformation directly to the underlying accounting and other records used to prepare the 2012 basicfinancial statement or to the 2012 basic financial statement itself, and other additional procedures in

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accordance with auditing standards generally accepted in the United States of America. In our opinion,the 2012 comparative information is fairly stated in all material respects in relation to the 2012 basicfinancial statement as a whole, on the basis of accounting described in Note 1.

ad~, ~I &a/L ~~, CJu-d.ADAMS, BROWN, BERAN & BALL, CHTD.Certified Public Accountants

July 16, 2014

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CENTRAL KANSAS LIBRARY SYSTEMSummary Statement of Receipts, Expenditures and Unencumbered Cash

Regulatory BasisFor the Year Ended December 31, 2013

AddBeginning Prior Year Ending Encumbrances

Unencumbered Cancelled Unencumbered and Accounts EndingFunds Cash Balance Encumbrances Receipts Expenditures Cash Balance Payable Cash Balance

Governmental Type FundsGeneral Fund $ 131 2,144,036 2,045,161 99,006 69,868 168,874Special Purpose Funds

State Resource Grant Fund 70,474 70,474Kansas Talking Books Service Grant Fund 16,550 22,658 16,550 22,658 22,658Dane G. Hansen Grant Fund 10,000 10,000Gates Broadband Grant Fund 7,864 7,864 7,864LSTA KOHA Grant Fund 182 8,821 7,311 1,692 1,692Capital Improvement Fund 117,000 117,000 117,000

Trust FundProcessing Center Fund 5,331 20,900 21,579 4,652 1,189 5,841

Total Reporting Entity $ 157,058 2,266,889 2,171,075 252,872 71,057 323,929--

Composition of Cash Savings Accounts $ 179,294Checking Accounts 143,935Petty Cash 700

Total Reporting Entity $ 323,929

The notes to the financial statement are an integral part of this statement.

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CENTRAL KANSAS LIBRARY SYSTEMNotes to Financial Statement

December 31,2013

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Central Kansas Library System has established a uniform system of accounting maintained to reflectcompliance with the applicable laws of the State of Kansas. The accompanying financial statement ispresented to conform to the cash basis and budget laws of the State of Kansas, which is acomprehensive basis of accounting other than accounting principles generally accepted in the UnitedStates of America. The following is a summary of such significant policies.

Use of EstimatesThe preparation of financial statements on a prescribed basis of accounting that demonstratescompliance with the cash basis and budget laws of the State of Kansas requires management to makeestimates and assumptions that affect the reported amount of unencumbered cash balances andaccounts payable during the reporting period. Actual results could differ from these estimates.

Financial Reporting EntityThe Library System is a municipal corporation governed by a board whose members are appointed by theGovernor of the State of Kansas. The financial statements of the Library System consist of all the funds ofthe Library System that are considered to be controlled by or dependent on the Library System. Control ordependence is determined on the basis of budget adoption, taxing authority, funding, and appointment ofthe respective governing board. The Library System has no related municipal entities.

Basis of Presentation - Fund AccountingThe accounts of the Library System are organized and operated on the basis of funds. In governmentalaccounting, a fund is defined as an independent fiscal and accounting entity with a self-balancing set ofaccounts. Fund accounting segregates funds according to their intended purpose and is used to aidmanagement in demonstrating compliance with finance related legal and contractual provisions. Theminimum number of funds is maintained consistent with legal and managerial requirements.

The following types of funds comprise the financial activities of the Library System for the year endedDecember 31,2013.

Regulatory Basis Fund Types

General Fund - the chief operating fund. Used to account for all resources except those required tobe accounted for in another fund.

Special Purpose Fund - used to account for the proceeds of specific tax levies and other specificrevenue sources (other than Capital Project and tax levies for long-term debt) that are intended forspecified purposes.

Trust Fund - used to report assets held in trust for the benefit of the municipal financial reportingentity (i.e. pension funds, investment trust funds, private purpose trust funds which benefit themunicipal reporting entity, scholarship funds, etc.).

Basis of AccountingThe KMAAG regulatory basis of accounting involves the recognition of cash, cash equivalents, marketableinvestments, and certain accounts payable and encumbrance obligations to arrive at a net unencumberedcash and investments balance on a regulatory basis for each fund, and the reporting of changes inunencumbered cash and investments of a fund resulting from the difference in regulatory basis receiptsand regulatory basis expenditures for the fiscal year. All recognized assets and liabilities are measured

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December 31,2013

and reported at cost, unless they have been permanently impaired and have no future cash value orrepresent no future obligation against cash. The KMAAG regulatory basis does not recognize capitalassets, long-term debt, accrued receivables and payables, or any other assets, liabilities or deferredinflows or outflows, other than those mentioned above.

The Library System has approved a resolution that is in compliance with K.SA 7S-1120a(c), waiving therequirement for application of generally accepted accounting principles and allowing the Library Systemto use the regulatory basis of accounting.

Departure From Accounting Principles Generally Accepted in the United States of AmericaThe basis of accounting described above results in a financial statement presentation which shows cashreceipts, expenditures, cash and unencumbered cash balances, and expenditures compared to budget.Balance sheets that would have shown noncash assets such as receivables, inventories, and prepaidexpenses, liabilities such as deferred revenue and matured principal and interest payable, andreservations of the fund balance are not presented. Under accounting principles generally accepted in theUnited States of America, encumbrances are only recognized as a reservation of fund balance;encumbrances outstanding at year end do not constitute expenditures or liabilities. Consequently, theexpenditures as reported do not present the cost of goods and services received during the fiscal year inaccordance with generally accepted accounting principles. Capital assets that account for the land,buildings, and equipment owned by the Library System are not presented in the financial statement. Also,long-term debt such as general obligation bonds, revenue bonds, capital leases, and temporary notes arenot presented in the financial statement.

Property Tax CalendarCollection of current year property tax by the County Treasurer is not completed, apportioned nordistributed to the various subdivisions until the succeeding year, such procedure being in conformity withgoverning state statutes. Property taxes are collected and remitted to the County Treasurer. Taxes leviedannually on November 1 st are due one-half by December 20th and one-half by May 10th. Major taxdistributions are made in the months of December through July. Lien dates for personal property are inMarch and August and lien dates for real property are in September. Taxes are recognized as revenue inthe year received. Delinquent tax payments are recognized as revenue in the year received.

Restricted AssetsRestricted cash balances are reported in various funds that are legally restricted for specified uses suchas the payment of debt service and fiscal fees on long-term debt and for expenditures approved in federaland state grant contracts. Also, cash is restricted in the trust fund for special purposes. Donationsreceived by the Library System that are designated for the low vision program are restricted for low visionexpenditures. The amount that was restricted at December 31, 2013 was $1,681 and was included in thegeneral fund's unencumbered cash.

ReimbursementsThe Library System records reimbursable expenditures in the fund that makes the disbursement andrecords reimbursements as a receipt to the fund that receives the reimbursement. For purposes ofbudgetary comparisons, the expenditures are properly offset by the reimbursements under KMAAGregulatory basis of accounting.

NOTE 2 - PROCESSING CENTER FUND

The Processing Center Fund serves as a clearing account through which various member libraries withinthe system order books.

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December 31,2013

NOTE 3 - BUDGETARY INFORMATION

Kansas statutes require that an annual operating budget be legally adopted for the general fund, specialpurpose funds (unless specifically exempted by statute), bond and interest funds, and business funds.Although directory rather than mandatory, the statutes provide for the following sequence and timetable inthe adoption of the legal annual operating budget:

a. Preparation of the budget for the succeeding calendar year on or before August 1 st.

b. Publication in local newspaper on or before August 5th of the proposed budget and notice of publichearing on the budget.

c. Public hearing on or before August 15th, but at least 10 days after publication of notice of hearing.

d. Adoption of the final budget on or before August 25th.

The statutes allow for the governing body to increase the originally adopted budget for previouslyunbudgeted increases in revenue other than ad valorem property taxes. To do this, a notice of publichearing to amend the budget must be published in the local newspaper. At least 10 days after publication,the hearing may be held and the governing body may amend the budget at that time. There were no suchbudget amendments for this year.

The statutes permit transferring budgeted amounts between line items within an individual fund. However,such statutes prohibit expenditures in excess of the total amount of the adopted budget of expenditures ofindividual funds. Budget comparison schedules are presented for each fund showing actual receipts andexpenditures compared to legally budgeted receipts and expenditures.

All legal annual operating budgets are prepared using the regulatory basis of accounting, in whichrevenues are recognized when cash is received and expenditures include disbursements, accountspayable, and encumbrances, with disbursements being adjusted for prior year's accounts payable andencumbrances. Encumbrances are commitments by the Library System for future payments and aresupported by a document evidencing the commitment, such as a purchase order or contract. Any unusedbudgeted expenditure authority lapses at year end.

A legal operating budget is not required for capital project funds, trust funds, and the following specialpurpose funds: Dane G. Hansen Grant Fund, Gates Broadband Grant Fund, LSTA KOHA Grant Fundand Capital Improvement Fund.

Spending in funds which are not subject to the legal annual operating budget requirement is controlled byfederal regulations, other statutes, or by the use of internal spending limits established by the governingbody.

NOTE 4 - DEPOSITS AND INVESTMENTS

Central Kansas Library System follows the practice of pooling cash and investments of all funds. Eachfund's portion of total cash and investments is summarized by fund category in the summary statement ofreceipts, expenditures and unencumbered cash.

K.S.A. 9-1401 establishes the depositories which may be used by the Library System. The statuterequires banks eligible to hold the Library System's funds have a main or branch bank in the county in

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December 31,2013

which the Library System is located, or in an adjoining county if such institution has been designated asan official depository, and the banks provide an acceptable rate of return on funds. In addition, K.SA 9-1402 requires the banks to pledge securities for deposits in excess of FDIC coverage. The LibrarySystem has no other policies that would further limit interest rate risk.

K.SA 12-1675 limits the Library System's investment of idle funds to time deposits, open accounts, andcertificates of deposit with allowable financial institutions; U.S. government securities; temporary notes;no-fund warrants; repurchase agreements; and the Kansas Municipal Investment Pool. The LibrarySystem has no investment policy that would further limit its investment choices.

Concentration of Credit RiskState statutes place no limit on the amount the Library System may invest in anyone issuer as long asthe investments are adequately secured under K.SA 9-1402 and K.SA 9-1405.

Custodial Credit Risk - DepositsCustodial credit risk is the risk that in the event of a bank failure, the Library System's deposits may notbe returned to it. State statutes require the Library System's deposits in financial institutions to be entirelycovered by federal depository insurance or by collateral held under a joint custody receipt issued by abank within the State of Kansas, the Federal Reserve Bank of Kansas Library System, or the FederalHome Loan Bank of Topeka, except during desiqnated "peak periods" when required coverage is 50%.The Library System does not use "peak periods". All deposits were legally secured at December 31,2013.

At December 31, 2013, the Library System's carrying amount of deposits was $323,929 and the bankbalance was $370,277. The bank balance was held by one bank resulting in a concentration of credit risk.The entire bank balance was fully covered by federal depository insurance.

Custodial Credit Risk - InvestmentsFor an investment, this is the risk that, in the event of the failure of the issuer or counterparty, the LibrarySystem will not be able to recover the value of its investments or collateral securities that are in thepossession of an outside party. State statutes require investments to be adequately secured. The LibrarySystem had no investments at December 31, 2013.

NOTE 5 - LITIGATION

Central Kansas Library System is a party to various legal proceedings which normally occur ingovernmental operations. These legal proceedings are not likely to have a material financial impact onthe affected funds of the Library System.

NOTE 6 - RISK MANAGEMENT

Central Kansas Library System carries commercial insurance for risks of loss, including property,general liability, workers' compensation, automobile, and umbrella. Settled claims resulting from theserisks have not exceeded commercial insurance coverage in any of the past three fiscal years.

NOTE 7 - GRANTS AND SHARED REVENUES

Central Kansas Library System participates it:' numerous state and federal grant programs, which aregoverned by various rules and regulations for the grantor agencies. Costs charged to the respective grantprograms are subject to audit and adjustment by the grantor agencies; therefore, to the extent that theLibrary System has not complied with the rules and regulations governing the grants, refunds of any

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December 31,2013

money received may be required. In the opinion of the Library System, any liability for reimbursement,which may arise as the result of the audit, is not believed to be material.

NOTE 8 - OPERATING LEASES

On March 10, 2010, the Library System entered into an operating lease for a mail machine. The lease ispayable in quarterly payments of $708 for 20 quarters. Payments of $2,832 were made in 2013. Futurescheduled payments to maturity are as follows:

Year2014 $2015

Amount2,832708

On June 14, 2012, the Library System entered into an operating lease for a telephone system. The leaseis payable in monthly payments of $815 for 60 months. Payments of $9,780 were made in 2013. GreatBend Public Library reimbursed Central Kansas Library System $3,912 in 2013. Future scheduledpayments to maturity are as follows:

Year Amount2014 $ 9,7802015 9,7802016 9,7802017 7,335

On May 24, 2013, the Library System entered into an operating lease for security cameras. The lease ispayable in monthly payments of $570 for 60 months. Payments of $2,281 were made in 2013. GreatBend Public Library reimbursed Central Kansas Library System $570 in 2013. Future scheduledpayments to maturity are as follows:

Year2014 $2015201620172018

NOTE 9 - DEFINED BENEFIT PENSION PLAN

Amount6,8446,8446,8446,8444,563

Plan DescriptionCentral Kansas Library System participates in the Kansas Public Employees Retirement System(KPERS), a cost-sharing, multiple-employer defined benefit pension plan as provided by Kansas law.KPERS provides retirement benefits, life insurance, disability income benefits, and death benefits.Kansas law establishes and amends benefit provisions. KPERS issues a publicly available financialreport that includes financial statements and required supplementary information. That report may beobtained by writing to KPERS (611 S Kansas, Suite 100; Topeka, KS 66603) or by calling 1-888-275-5737.

Funding PolicyK.SA 74-4919 and K.SA 74-49,210 establish the KPERS member-employee contribution rates.Effective July 1, 2009 KPERS has two benefit structures and funding depends on whether the employee

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December 31,2013

is a Tier 1 or Tier 2 member. Tier 1 members are active and contributing members hired before July 1,2009. Tier 2 members were first employed in a covered position on or after July 1, 2009. Kansas lawestablishes the KPERS member-employee contribution rate at 4% of covered salary for Tier 1 membersand at 6% of covered salary for Tier 2 members. The employer collects and remits member-employeecontributions according to the provisions of Section 414(h) of the Internal Revenue Code. Kansas lawprovides that employer contribution rates be determined annually based on the results of an annualactuarial valuation. KPERS is funded on an actuarial reserve basis. Kansas law sets a limitation onannual increases in the employer contribution rates.

NOTE 10 - OTHER POST EMPLOYMENT BENEFITS

As provided by K.SA 12-5040, Central Kansas Library System allows retirees to participate in thegroup health insurance plan. While each retiree pays the full amount of the applicable premium,conceptually, the Library System is subsidizing the retirees because each participant is charged a level ofpremium regardless of age. However, the cost of this subsidy has not been quantified in this financialstatement.

Under the Consolidated Omnibus Budget Reconciliation Act (COBRA), the Library System makes healthcare benefits available to eligible former employees and eligible dependents. Certain requirements areoutlined by the federal government for this coverage. The premium is paid in full by the insured.

NOTE 11 - COMPENSATED ABSENCES

VacationCentral Kansas Library System's policy regarding vacation is as follows:

Director - will accrue 22 days the first year and 22 days annually thereafter.

Administration and Professional Staff22 days - 1 year of service22 days - After the 1 st year of service

Supervisory Personnel10 days - 1 year of service15 days - 1 to 10 years of service20 days - 10 years or more of service

Support Staff5 days - 1 year of service10 days - 1 to 10 years of service15 days - 10 years or more of service

Part-time regular employees accrue a proportionate allowance based on the full-time allowance for theirposition. Part-time hourly employees accrue no vacation. Only upon the approval by the Director mayvacation be carried over to the next year.

The potential liability for vacation at December 31, 2013 was $7,487. This is not reflected in the financialstatement.

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December 31,2013

Sick LeaveFull-time employees shall earn and accrue sick leave at the rate of one day per month, up to a maximumof 100 days, which is forfeited upon termination of the employee. Part-time regular employees areallowed to accrue proportionate sick leave based on number of hours worked in relation to a full-timeposition.

Included in the accumulated sick leave balance is an amount of the Library System's sick leave pool. Thepurpose of the sick leave pool is to allow staff members to contribute unused sick leave to a pool andallow participating members, who would otherwise have their pay reduced, draw from the pool and avoidhaving their pay reduced. The number of sick leave days that can be drawn from the pool by oneindividual in anyone year is limited to 20 percent of the days in the pool or one month, whichever isgreater. The number of sick leave days that can be drawn by all individuals is limited to the total days inthe pool.

The potential liability for sick leave at December 31, 2013 was $138,805. This is not reflected in thefinancial statement.

Bank-TimeBank-time is an opportunity for non-exempt employees to work more than 40 hours in a regular workweekand be compensated for the extra time as time off at a later date. They are granted bank-time at the rateof time-and-one-half for every hour worked over 40 hours. Part-time employees may participate in bank-time, but they may not earn bank-time at a rate of time and a half until they have worked more than 40hours in a regular workweek. Employees who resign are encouraged to use all accumulated bank-timebefore the last day of work.

The potential liability for bank-time at December 31, 2013 was $4,701. This is not reflected in the financialstatement.

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CENTRAL KANSAS LIBRARY SYSTEM

Regulatory-Required Supplementary Information

CENTRAL KANSAS LIBRARY SYSTEMSummary of Expenditures - Actual and Budget

Regulatory BasisFor the Year Ended December 31,2013

Schedule 1

FundsGovernmental Type Funds

General FundSpecial Purpose Funds

State Resource Grant FundKansas Talking Books Service Grant Fund

Trust FundProcessing Center Fund

CertifiedBudget

$ 2,073,500

75,00037,435

50,190

Adjustment forQualifying

Budget Credits

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Total ExpendituresBudget for Chargeable toComparison Current Year

2,073,500 2,045,161

75,000 70,47437,435 16,550

50,190 21,579

VarianceOver

(Under)

(28,339)

(4,526)(20,885)

(28,611 )

Schedule 2-1

CENTRALKANSASUBRARYSYSTEMGeneral Fund

Schedule of Receipts and Expenditures - Actual and BudgetRegulatory Basis

For the Year Ended December 31, 2013(With Comparative Actual Totals for the Prior Year Ended December 31,2012)

Current YearPrior VarianceYear OverActual Actual Budget (Under)

ReceiptsTaxes and Shared Revenues

Current Property Tax $ 1,566,190 1,809,569 1,864,783 (55,214)Delinquent Tax 25,581 18,129 15,000 3,129Motor Vehicle Tax 123,651 127,216 112,927 14,289

Federal Aid 48,440 48,440Jordan Library Contract 5,500 7,000 9,200 (2,200)Other Contract Income 299 108 108Miscellaneous Income 3,446 3,677 22 3,655Interest 737 432 2,500 (2,068)Donations 958KOHA and Other Reimbursements 20,687 48,428 48,428Telephone Maintenance Reimbursements

and Internet 526 4,753 4,753E-Rate Reimbursements 11,760 11,760Shared Salary Reimbursements 58,530 64,524 69,000 (4,476)

Total Receipts 1,806,105 2,144,036 2,073,432 70,604

ExpendituresPersonnel 829,578 891,297 805,000 86,297Central Administration 328,213 450,645 485,000 (34,355)Continuing Education 15,960 14,097 20,000 (5,903)Children's Services 2,293 5,674 6,000 (326)Public Information 930 363 10,000 (9,637)Automation 15,251 9,657 15,000 (5,343)Books by Mail 4,920 5,802 11,000 (5,198)Rotating Books 58,694 62,283 60,000 2,283Reference 22,544 16,391 25,000 (8,609)Pathfinder CentrallLS 29,122 30,252 48,000 (17,748)Interlibrary Loan 6,838 8,701 6,000 2,701Technical Services 82,802 81,878 95,000 (13,122)Kansas Talking Books January thru Septem 16,448 11,528 15,000 (3,472)Kansas Talking Books October thru Decemt 1,806 9,946 9,946Grants 409,897 415,769 397,500 18,269Capital Outlay 29,544 75,000 (45,456)Neighborhood Revitalization Rebate 2,394 1,334 1,334Transfers Out 117,000

Total Expenditures 1,944,690 2,045,161 2,073,500 (28,339)

Receipts Over (Under) Expenditures (138,585) 98,875

Unencumbered Cash - Beginning 138,716 131

Unencumbered Cash - Ending $ 131 99,006

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Schedule 2-2

CENTRAL KANSAS LIBRARY SYSTEMState Resource Grant Fund


For the Year Ended December 31,2013(With Comparative Actual Totals for the Prior Year Ended December 31, 2012)

ReceiptsState Aid


$ 74,186 70,474 75,000 (4,526)

74,186 70,474 75,000 (4,526)Expenditures

Salaries

Receipts Over (Under) Expenditures

Unencumbered Cash - Beginning

Unencumbered Cash - Ending$=====

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Schedule 2-3

CENTRALKANSASUBRARYSYSTEMKansas Talking Books Service Grant Fund




ReceiptsState Aid

14-LST A-3-B $ 22,658 29,350 (6,692)13-LST A-3-B 25,175

Total Receipts 25,175 22,658 29,350 (6,692)

ExpendituresSalaries 26,914 16,550 37,435 (20,885)

Receipts Over (Under) Expenditures (1,739) 6,108

Unencumbered Cash - Beginning 18,289 16,550

Unencumbered Cash - Ending $ 16,550 22,658

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Schedule 2-4

CENTRAL KANSAS LIBRARY SYSTEMDane G. Hansen Grant Fund

Schedule of Receipts and ExpendituresRegulatory Basis

For the Year Ended December 31,2013(With Comparative Actual Totals for the Prior Year Ended December 31,2012)

Prior CurrentYear YearActual Actual

ReceiptsGrant Revenue $ 10,000

ExpendituresComputer Equipment 10,000

Receipts Over (Under) Expenditures 10,000 (10,000)

Unencumbered Cash - Beginning 10,000

Unencumbered Cash - Ending $ 10,000

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CENTRAL KANSAS LIBRARY SYSTEMGates Broadband Grant Fund



Schedule 2-5

PriorYearActual

Receipts $

ExpendituresContinuing Education 2,136

Receipts Over (Under) Expenditures (2,136)

Unencumbered Cash - Beginning 10,000

Unencumbered Cash - Ending $ ===7,,;,,8;,;6=4=

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CurrentYear

Actual

7,864

7,864

CENTRAL KANSAS LIBRARY SYSTEMLSTA KOHA Grant Fund


For the Year Ended December 31,2013(With Comparative Actual Totals for the Prior Year Ended December 31,2012)

Schedule 2-6

ReceiptsFederal Aid

PriorYearActual

$ 5,641

5,459

5,459

182

ExpendituresProfessional ServicesPersonnel Services

Total Expenditures

Receipts Over (Under) Expenditures


Unencumbered Cash - Ending $ ====18,;.:;2;",

18

CurrentYearActual

8,821

7,129182

7,311

1,510

182

1,692

CENTRAL KANSAS LIBRARY SYSTEMCapital Improvement Fund


For the Year Ended December 31, 2013(With Comparative Actual Totals for the Prior Year Ended December 31,2012)

Schedule 2-7

ReceiptsTransfers In

Expenditures

PriorYearActual

$ 117,000

Receipts Over (Under) Expenditures 117,000


Unencumbered Cash - Ending $ ===1 =17~,0=0=0=

19

CurrentYearActual

117,000

117,000

Schedule 2-8

CENTRAL KANSAS LIBRARY SYSTEMProcessing Center Fund




ReceiptsReimbursements $ 16,943 20,900 50,000 (29,100)

ExpendituresBooks, Materials and Audiovisual 16,583 21,579 50,190 (28,611)

Receipts Over (Under) Expenditures 360 (679)

Unencumbered Cash - Beginning 4,971 5,331

Unencumbered Cash - Ending $ 5,331 4,652

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CENTRAL KANSAS LIBRARY SYSTEM

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