Uniform Chart of Accounts An Overview. Division of School Business. Who needs to know?. Anyone responsible for ensuring the proper use of State or Federal Funds. Anyone who receives state or federal funds. Why a Uniform Chart?.
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Division of School Business
requires local school units “to provide timely, accurate, and complete fiscal and personnel information, including payroll information” to the State Board.
requires local school units to comply with the Uniform Education Reporting System (fiscal, personnel, and student data).
ALL Expenditures MUST have the 11-digit account code
A PRC is usually a further designation of funding,
a “pot of money”
Other Capital codes available for building improvements, etc. (520 series)
The Allotment Policy Manual and Single Audit Compliance supplements also help us ensure the proper use of funds.
The communication of these policies and compliance guidelines is critical.
For your time and effort in helping us ensure the proper use of these funds.