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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