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Accounting

The Seattle Schools Accounting Services department performs the following functions in support of District operations:

  • Deposits cash receipts and records District revenues
  • Invests all available cash resources
  • Issues payment to suppliers in receipt of goods and services
  • Records District expenditures in accordance State and Federal requirements
  • Provides formal fiscal reporting and related financial information to District Managers, the Public and State and Federal Agencies
  • Acts as District liason to the Washington State Auditors Office
  • Acts as custodian of District financial records and steward of District assets

Useful Links

Office of the Superintendent of Public Instruction (SPI) - SPI allocates $4.5 billion per year to schools and implements state funding formulas and laws.  The Financial Services unit oversees school district accounting, budgeting, and financial reporting.  For information on school district accounting, refer to the Accounting Manual for School Districts .
[http://www.k12.wa.us/safs]

Government Finance Officers Association - The Government Finance Officers Association of the United States and Canada is the premier association of public-sector finance professionals and is dedicated to providing high-quality support to state and local governments.
[http://www.gfoa.org]

State Auditor's Office - The State Auditor reviews financial records to ensure public funds are accounted for and controls are in place to protect public resources from misuse and misappropriation.  In addition, legal compliance auditing is conducted to make sure units of state and local government adhere to required laws and regulations relating to financial matters.  To review and print a copy of the Seattle School District #1 1999 State Audit Report, follow the above link and select 'Audit Reports' from the main menu.  Search for audit report number G1476.
[http://www.sao.wa.gov]

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