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
Financial
Information
CAFR - Consolidated
Annual Financial Statement - The CAFR is the official,
state-audited, set of reports detailing the District's financial
status. The most recent report is for the school year ending
August 31, 1999.
BEX Reports - Building
Excellence Reports - In February, 1995, a six year 330
million dollar levy was approved to build or renvovate nineteen
schools. These reports track revenues, expenditures and
contract status for the school year ending August 31,
1999.
BTA Reports -
Building Technology and Athletics Levy Reports - Follow the
exciting progress as the District gears up for the information age
with its six-year, 150 million dollar renovation and technology
levy, approved February 1998.
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]
Updated
April 21, 2008
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