HAMPSHIRE COUNTY BOARD OF EDUCATION
STATEMENT OF ACTIVITIES
FYE JUNE 30, 2025
Program Revenues Net (Expense),
Operating Capital Revenue & Changes Charges for Grants and Grants and in Net Position
Functions Expenses Services Contributions Contributions Governmental Activities
Governmental activities:
Instruction $ 22,512,208 $ – $ 3,912,357 $ 11,975,351 $ (6,624,500)
Supporting services:
Students 2,867,167 – 862,311 – (2,004,856)
Instructional staff 1,094,672 – 602,691 – (491,981)
General administration 376,278 – 30,219 – (346,059)
School administration 1,542,395 – 123,871 – (1,418,524)
Central services 900,832 – 72,346 – (828,486)
Operation and maintenance of facilities 3,661,225 – 295,445 – (3,365,780)
Student transportation 4,347,736 – 360,841 – (3,986,895)
Other support services 4,953 – 398 – (4,555)
Food services 2,432,575 1,821,323 98,061 – (513,191)
Interest on long-term debt/finance leases 279,700 – – – (279,700)
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Total governmental activities 40,019,741 1,821,323 6,358,539 11,975,351 (19,864,528)
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General revenues:
Property taxes 11,881,890
Unrestricted state aid 20,553,195 Unrestricted investment earnings 435,006
Unrestricted grants and contributions –
Extraordinary item – other post employment benefits –
Gain (loss) on disposal of capital assets (359,109)
Gain (loss) on termination of ROU assets –
Transfers in 753,497
Transfers (out) (753,497)
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Total general revenues, extraordinary items and transfers 32,510,982
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Change in net position 12,646,454
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Net position – beginning 70,010,547
Prior period adjustments (See Note ___) (1,633,585)
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Net position – beginning, as restated 68,376,962
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Net position – ending $ 81,023,416
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