California's official school accounting procedures, amended in 1984 to clarify definitions and improve program cost accounting, are presented. Following an introduction that discusses general characteristics of school accounting, the manual explains the following areas of accounting practice: (1) financial reporting; (2) income; (3) expenditures;…

The purpose of this manual is to improve and clarify the system of student accounting used in Oregon public schools. Student accounting in Oregon should yield accurate demographic assessments of students at the local school and program level that will in turn provide cumulative data at the district, state, and federal levels. The manual reviews…

Information on depreciation concepts, accounting procedures, and reporting formats in not-for-profit institutions is provided. Details are included on the requirements and implications of the Financial Accounting Standards Board's Statement of Financial Accounting Standards no. 93 (FASB 93). Following highlights of FASB 93, an overview looks at…

The use of generally accepted accounting principles (GAAP) by all state and local governments may require legislation. Findings from a survey of states to get data on current accounting and financial reporting practices are summarized. Model legislation to provide uniformity in accounting and reporting is presented. (MLF)

Discusses changes in the accounting requirements for nonprofit organizations resulting from the implementation of two Statements of Financial Accounting Standards issued by the Financial Accounting Standards Board. Examines changes in recording transactions, ascertaining the correct way to record donations or unconditional promises for donations,…

The Office of Management and Budget Circular A-21 on cost principles for educational institutions, which was published in the Federal Register on March 6, 1979, is reproduced in its entirety, and a brief introduction by Max A. Binkley is presented. The circular established principles for determining costs applicable to federal grants, contracts,…

This publication is intended to help school administrators, teachers, students, school board members, and lay citizens gain a basic understanding of Illinois school finance. It contains a summary of fiscal year 1975 appropriations and financially related legislation, a cursory explanation of how schools obtain state revenue, a discussion of…

Florida voters have authorized two constitutionally guaranteed sources of revenue to fund the capital outlay needs of the state system of public education. These sources are motor vehicle license fees and gross receipts taxes. (Author)

This manual provides a comprehensive set of definitions, rules, formats, and illustrations for use by public community and junior colleges in Texas to ensure consistent and uniform financial reporting. Chapter 1 provides an introduction to the manual, highlighting changes in requirements for Fiscal Year (FY) 1996. Chapter 2 presents general…

Describes the history, rules and regulations, organizational chart, and accomplishments of Maryland's full state funding of school construction. Recommendations are made for other states. (MLF)

This manual presents the body of laws, regulations, and practices related to attendance accounting and reporting in California public schools. Following the introduction, section 1 presents information on compulsory attendance, including residency requirements, interdistrict transfers, exemptions, absences, and truancy. Section 2 provides…

The budgeting handbook for school districts in the State of New York was first published in 1955. This latest revision is designed to address a number of significant changes that have occurred recently in the area of school finance and management. It is also designed to provide a basis for the establishment and maintenance of budgetary systems in…

Designed for use by teachers, school administrators, board members, legislators, and lay citizens, this report is intended to be a source document for obtaining a basic understanding of Illinois school finance. It explains the sources and amounts of funds available for pre-kindergarten through postsecondary programs administered by the Illinois…

Discusses the Office of Management and Budget's recent requirement that all state and local governments receiving federal grants undergo a single audit (a comprehensive financial and compliance audit conducted by one audit firm or organization) at least once every two years in conjunction with an appropriate federal or state agency. (JBM)

New York State law permits school districts to invest cash not immediately needed for district operation and also specifies the kinds of investments that may be made in order to ensure the safety and liquidity of public funds. This audit examines cash management and investment practices in New York state's financially independent school districts.…