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Summary of Changes to CSAM 2016 Edition

A reference document of changes included in the March 2016 edition of the California School Accounting Manual (CSAM).

Procedure

Summary of Changes

Multiple procedures

  • Non-substantive edits for punctuation, clarity, or consistency.

101  Governmental Accounting

  • Replaced references to Revenue Limit with references to Local Control Funding Formula (LCFF).
  • Updated the hierarchy of generally accepted accounting principles (GAAP) for governments in accordance with Governmental Accounting Standards Board (GASB) Statement76.

201  Books of Accounts

  • Replaced references to Revenue Limit with references to LCFF.
  • Updated references to balance sheet accounts to incorporate deferred outflows of resources and deferred inflows of resources in accordance with GASB Statement 63.

205  The Accounting Cycle

  • Replaced references to Revenue Limit with references to LCFF.
  • Replaced references to Vocational Education with references to Career Technical Education.
  • Updated references to balance sheet accounts to incorporate deferred outflows of resources and deferred inflows of resources in accordance with GASB Statement 63.

210  Budgetary Accounting

  • Replaced references to Revenue Limit with references to LCFF.
  • Updated references to balance sheet accounts to incorporate deferred outflows of resources and deferred inflows of resources in accordance with GASB Statement 63.
  • Replaced obsolete grants in examples with current grants.

215  Audit Adjustments

  • Updated references to balance sheet accounts to incorporate deferred outflows of resources and deferred inflows of resources in accordance with GASB Statement 63.

301  Overview of the Standardized Account Code Structure

  • Replaced references to Revenue Limit with references to LCFF.
  • Updated references to balance sheet accounts to incorporate deferred outflows of resources and deferred inflows of resources in accordance with GASB Statement 63.

305  Fund Classification

  • Replaced references to Revenue Limit with references to LCFF.
  • Deleted discussion of the Categorical Program Flexibility provisions of Senate Bill 4 of the Third Extraordinary Session (SBX3 4) and Senate Bill (SB) 70.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Fund 03, Unrestricted, and Fund 06, Restricted: Deleted. These optional subfunds of the General Fund have been flagged for discontinuation since the 2011 edition because the California Department of Education (CDE) does not collect data at the subfund level. Both remain available for optional use at the local level.
  • Funds 09–20, Special Revenue Funds: Added to definition that in accordance with GASB Statement 54, the proceeds from specific revenue sources that justify the use of the special revenue fund (revenues that are restricted or committed to the financing of particular activities and that compose a substantial portion of the inflows of the fund) should also be reasonably expected to continue.
  • Fund 09, Charter Schools Special Revenue Fund: Updated definition to describe the accounting for an authorizing LEA’s pass-through of revenues to a charter school.
  • Fund 11, Adult Education Fund: Updated the purpose of this fund in accordance with GASB Statement 54. Updated its principal sources of revenue. Updated statutory or regulatory citation(s).
  • Fund 13, Cafeteria Special Revenue Fund: Updated statutory or regulatory citation(s).
  • Fund 14, Deferred Maintenance Fund: Updated the purpose of this fund in accordance with GASB Statement 54. Updated its principal sources of revenue. Updated statutory or regulatory citation(s).
  • Fund 18, School Bus Emissions Reductions Fund: Replaced “is used” with “may be used” to reflect that this fund is not required. Deleted reference to obsolete program. Updated statutory citations.
  • Fund 25, Capital Facilities Fund: Updated definition to reflect current statute regarding collection of developer fees. Added guidance that costs of justifying and adopting fees may be paid from Fund 25. Added guidance that administrative costs of collecting fees may be reimbursed from Fund 25 within the limitations of Education Code Section 17620. Clarified that eligible expenditures incurred in another fund may be reimbursed to Fund 25 by means of an interfund transfer of direct costs. Added cross-reference to accounting guidance elsewhere in the manual.
  • Fund 40, Special Reserve Fund for Capital Outlay Projects: Replaced “Other authorized resources that may be transferred” with “Other authorized resources that may be deposited” in accordance with Education Code Section 17462.
  • Fund 51, Bond Interest and Redemption Fund: Updated definition to clarify that this fund is used whether bonds are issued by the county on behalf of the district or by the district itself.
  • Fund 61, Charter Schools Enterprise Fund: Updated definition to describe the accounting for an authorizing LEA’s pass-through of revenues to a charter school.
  • Funds 71–75, Pension (and Other Employee Benefit) Trust Funds and Private-Purpose Trust Funds: Added “and for which the LEA has managerial responsibility” in accordance with GASB Statement 34.
  • Fund 71, Retiree Benefit Fund: Added “or an arrangement that is equivalent to a formal trust” in accordance with GASB Statement 34.

310  Resource (Project/Reporting) Classification

  • Replaced references to Revenue Limit with references to LCFF.
  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Replaced obsolete grants in examples with current grants.
  • Updated fiscal years used in examples to make examples more current.
  • Updated the definitions of locally-definable resource code ranges to clarify their optional use at the local level.
  • Added new resource codes established since the last time the manual was published.
  • Added ending dates for newly obsolete resource codes indicating the final year for which funds were available.
  • Deleted obsolete resource and object codes.
  • Updated Resource 5310, Child Nutrition: School Programs and Resource 5330, Child Nutrition: Summer Food Service Program to add new revenue Object 8221, Donated Food Commodities.
  • Resource 9010, Other Restricted Local: Expanded language to emphasize that it is not used for unrestricted funds that are committed, assigned, or otherwise earmarked for a particular purpose by the LEA or its governing board.

315  Project Year Classification

  • Expanded guidance to clarify the limited situations in which a project year code is needed, and how the project year code is used.
  • Expanded guidance to convey that “project year” and “reporting year” are synonymous.
  • Updated project years used in examples to make examples more current.

320  Goal Classification

  • Replaced references to Vocational Education with references to Career Technical Education.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Deleted references to “direct-service” districts.
  • Goal 3300, Independent Study Centers: Updated statutory or regulatory citation(s).
  • Goal 3500, County Community Schools: Updated statutory or regulatory citation(s).
  • Goal 3550, Community Schools: Added “(school districts only)” to title, and deleted reference to county offices of education. Updated statutory or regulatory citation(s).

325  Function Classification

  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Replaced references to Vocational Education with references to Career Technical Education.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Updated statutory or regulatory citation(s).
  • Updated threshold for a Single Audit from $500,000 to $750,000 in accordance with the Uniform Guidance for administration of federal grants.
  • Function 8500, Facilities Acquisition and Construction: Added guidance on accounting for bond audits that are required as a condition of issuing the bonds.
  • Function 9300, Interfund Transfers: Replaced “loans” with “interfund loans or borrowing” to clarify the distinction between interfund borrowing and interfund transfers.

330  Object Classification

  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Replaced references to Vocational Education with references to Career Technical Education.
  • Added flags showing the last year for which discontinued object codes were valid.
  • Replaced references to Revenue Limit with references to LCFF.
  • Deleted references to “direct-service” districts.
  • Object 1900, Other Certificated Salaries: Updated definition to affirm that it includes stipends paid to teachers for serving as mentors to other teachers.
  • Object 4100, Approved Textbooks and Core Curricula Materials: Expanded definition to clarify that it includes Internet-based textbooks and core curricula materials.
  • Object 5800, Professional/Consulting Services and Operating Expenditures: Expanded definition to clarify that it includes Internet-based publications and materials except for Approved Textbooks and Core Curricula Materials. Expanded definition to include accounting guidance for an arbitrage rebate and for penalties relating to tax and revenue anticipation notes. Clarified that debt issue costs for debt insurance are reported in Object 5450.
  • Object 5900, Communications: Deleted “beepers” from examples of communication services.
  • Object range 7600–7629, Interfund Transfers Out: Added guidance to clarify that interfund transfers are flows of assets between funds without equivalent flows of assets in return and without a requirement for repayment, to clarify the distinction between interfund borrowing and interfund transfers.
  • Object 7699, All Other Financing Uses: Expanded definition to clarify which types of debt issuance costs are reported there, and to include the use of proceeds of refunding debt issued to extinguish existing debt.
  • Object 8011, LCFF State Aid–Current Year: Changed “For school districts” to “For school districts and charter schools.” Updated description of state aid for COEs. Updated statutory or regulatory citation(s).
  • Object 8029, Other Subventions/In-Lieu Taxes: Updated definition to reflect current statute. Updated statutory citation(s).
  • Object 8091 and Object 8099, LCFF Transfers: Deleted references to special education and continuation education. Updated definitions to reflect current use under LCFF.
  • Object 8221, Donated Food Commodities: Added new code to account for donated commodities separately from other federal Child Nutrition Program revenues.
  • Object 8311, Other State Apportionments–Current Year: Deleted references to obsolete programs.
  • Object 8625, Community Redevelopment Funds Not Subject to LCFF Deduction: Updated statutory or regulatory citation(s).
  • Object 8675, Transportation Fees from Individuals: Deleted reference to obsolete program.
  • Object 8671, Adult Education Fees: Updated statutory or regulatory citation(s).
  • Object 8699, All Other Local Revenue: Expanded definition to include insurance recoveries not reported in Object 8953.
  • Object range 8910–8929, Interfund Transfers In: Added guidance to clarify that interfund transfers are flows of assets between funds without equivalent flows of assets in return and without a requirement for repayment, to clarify the distinction between interfund borrowing and interfund transfers.
  • Object 8953: Changed title from “Proceeds of Sale/Lease-Purchase of Land and Buildings” to “Proceeds from Disposal of Capital Assets.” Expanded definition to include insurance recoveries, if significant, relating to impairment of capital assets. Updated statutory or regulatory citation(s).
  • Object 8979, All Other Financing Sources: Updated definition to include the proceeds of refunding debt issued to extinguish existing debt.
  • Object 9663, Net Pension Liability: Added new object code in accordance with GASB Statement 68.

340  Valid Account Code Combinations

  • Updated the sample tables of valid combinations.
  • Replaced obsolete grants in examples with current grants.
  • Resource 1100: Corrected title in example from “State Lottery” to “Lottery: Unrestricted.”
  • Resource 9010: Corrected title in example from “Other Local” to “Other Restricted Local.”
  • Function 7210: Corrected title in example from “General Administration Cost Transfers” to “Indirect Cost Transfers.”
  • Replaced “pupil support function” with “pupil services function.”

345  Illustrations Using the Account Code Structure

  • Added clarifying guidance on how to classify revenues by resource code and project year.
  • Modified Revenue Example 3, Expenditure Example 3, and Balance Sheet Example 3 to better illustrate the use of a project year.
  • Updated references to balance sheet accounts to incorporate deferred outflows of resources and deferred inflows of resources in accordance with GASB Statement 63.

405  Accounting for Inventories

  • Updated fiscal years used in examples to make examples more current.
  • Replaced obsolete grants in examples with current grants.

420  Prepaid Expenditures

  • Updated fiscal years used in examples to make examples more current.
  • Replaced obsolete grants in examples with current grants.
  • Added clarifying guidance on the effect of prepayments on fund balance in certain categorical programs.

425 Fair Value: Accounting and Reporting for Certain Investments

  • Updated fiscal years used in examples to make examples more current.
  • Updated the scope of the guidance and the determination of Fair Value in accordance with GASB Statement 72.

430  Capital Assets

  • Corrected capital asset account range from 9400–9499 to 9400–9489.

501  Revenue and Other Financing Sources

  • Replaced references to Revenue Limit with references to LCFF.
  • Added guidance to clarify the distinction between interfund borrowing and interfund transfers.

505  Recording Revenue and Other Cash Receipts

  • Replaced references to Revenue Limit with references to LCFF.

510  Recognition of Common Revenue Sources

  • Replaced references to Revenue Limit with references to LCFF.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Added guidance that in the uncommon event that revenue is received in advance of the period in which allowable expenditures may be incurred, the advanced funds are reported as a deferred inflow of resources rather than as unearned revenue.
  • Expanded guidance to clarify that the labels “grant” or “entitlement” used for a particular resource do not drive whether carryover in that resource is reported as unearned revenue or as fund balance.

551  Expenditures and Other Financing Uses

  • Added guidance to clarify the distinction between interfund borrowing and interfund transfers.

560  Abatement of Expenditures

  • Revised guidance to indicate that insurance recoveries relating to impairment of capital assets are not allowable as abatements of expenditures, in accordance with GASB Statement 42.
  • Added guidance that E-Rate reimbursements, rebates, or discounts are not allowable as abatement of expenditures, but instead are accounted for as a grant or subsidy, in accordance with GASB Statement 33.

605  Balance Sheet Accounts—Coding Examples

  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Replaced references to Revenue Limit with references to LCFF.
  • Replaced obsolete grants in examples with current grants.
  • Resource 0000: Corrected title from “Unrestricted Resources” to “Unrestricted.”
  • Updated terminology in Example 1 relating to the portion of unassigned fund balance set aside as a reserve for economic uncertainties.

610  Revenues—Coding Examples

  • Replaced references to Revenue Limit with references to LCFF.
  • Replaced obsolete grants in examples with current grants.
  • Example 3: Added “normally” to acknowledge that while a cash match would normally be recorded as illustrated in the example, there are occasional exceptions to the rule.

615  Expenditures—Coding Examples

  • Replaced obsolete grants in examples with current grants.
  • Expanded guidance on transfers of administrative costs on a basis other than the indirect cost rate.

620  Forest Reserve Funds

  • Replaced obsolete grants in examples with current grants.
  • Modified examples for clarity.

625  Staff Development—Coding Examples

  • Replaced obsolete grants in examples with current grants.

630  Technology – Coding Examples

  • Replaced obsolete grants in examples with current grants.
  • Updated examples to illustrate that software purchased off-the-shelf and software purchased by download are accounted for the same way.
  • Resource 0000: Corrected title from “Unrestricted Resources” to “Unrestricted.”
  • Replaced the term “capitalization policy” with “capitalization threshold.”
  • Corrected “Resource 9010 is a locally defined resource” to “Resource 9010 is a locally defined restricted resource.”

635  Cafeteria—Coding Examples

  • Resource 9010: Corrected title from “Restricted Other Local” to “Other Restricted Local.”
  • Object 8520: Corrected title from “Child Nutrition Programs” to “Child Nutrition.”

640  Transportation—Coding Examples

  • Replaced references to Revenue Limit with references to LCFF.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Replaced obsolete grants in examples with current grants.
  • Example 2: Reworded introductory paragraph and relocated it from before the example to within the example. Added explanation for why the Nonagency goal is used in the example. Changed “transportation contracts other than home to school contracts” to “vehicle maintenance contracts for other than pupil transportation vehicles.”
  • Example 3: Changed “transportation contracts other than home to school contracts” to “vehicle maintenance contracts for other than pupil transportation vehicles.”
  • Example 5: Replaced obsolete example illustrating payment of transportation “excess costs” to a Joint Powers Agency (JPA) with current example illustrating payment to the JPA for contracted transportation services.

645  County Office of Education—Coding Examples

  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Example 3: Deleted reference to County Office of Education (COE) Fiscal Oversight Funding.
  • Example 6: Deleted reference to “direct-service” districts.
  • Example 8: Replaced example illustrating COE receipt of County Community School funding with example illustrating COE receipt and expenditure of LCFF Alternative Education Grant funding for pupils enrolled pursuant to Education Code Section 2574(c)(4).
  • Example 9: Deleted example of COE receipt of former Cal-SAFE funding. Added new example of COE receipt of tuition from a school district for district-funded county-served pupils enrolled pursuant to Education Code Section 2576.

650  Facility Maintenance Programs—Coding Examples

  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Updated examples to illustrate current accounting for the Deferred Maintenance Fund in accordance with GASB Statement 54.

655  Employment Separation Costs—Coding Examples

  • Replaced four occurrences of “can be charged” with “are charged” or “is charged” to clarify that the guidance is not permissive.
  • Replaced references to the former federal Circular A-87 with references to the Uniform Guidance for administration of federal grants.
  • Expanded guidance to emphasize that for employees whose regular salaries are not charged to administrative functions that become part of the indirect cost pool, abnormal or mass separation costs for these employees are not charged to these administrative functions either.

705  General Obligation Bonds

  • Modified guidance and examples to illustrate that debt issuance costs for bond insurance are accounted for differently from other debt issue costs such as underwriter fees.

710  Capital Leases

  • Updated fiscal years used in examples to make examples more current.

715 Tax and Revenue Anticipation Notes (TRANS)

  • Corrected sample entry to clear the Cash with a Fiscal Agent/Trustee account.

720  Certificates of Participation (COPS)

  • Updated fiscal years used in examples to make examples more current.

725  Emergency Apportionments and Other State Loans

  • Replaced references to Revenue Limit with references to LCFF.
  • Clarified the distinction between an emergency apportionment and a loan.
  • Updated statutory references relating to the timeframe for repayment of emergency apportionments.

730  Short-Term Borrowing

  • Deleted references to cash flow shortfalls resulting from budget cuts and appropriation deferrals.
  • Added guidance to clarify the distinction between interfund borrowing and interfund transfers.
  • Added illustration of how to account for interfund borrowing.

750  Pass-Through Grants and Cooperative Projects

  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Replaced obsolete grants in examples with current grants.
  • Resource 9010: Corrected title from “Other Local” to “Other Restricted Local.”

755  Special Education

  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Replaced obsolete grants in examples with current grants.
  • Corrected the use of a project year code in Example 7 and Example 9.
  • Resource 0000: Corrected title in example from “Unrestricted Resource” to “Unrestricted.”
  • Updated Example 13(c) to illustrate payment of tuition from a district to a county office of education for district special education students.

760  Regional Occupational Centers/Programs (ROC/Ps)

  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Replaced obsolete grants in examples with current grants.
  • Replaced references to Vocational Education with references to Career Technical Education.
  • Updated examples illustrating transactions between member LEAs and an ROCP JPA.

765  Recognition of Legal Obligations in Reporting for Federal Grants

  • Updated the list of when various commitments are considered to be legal obligations to include approved pre-agreement costs, in accordance with the Uniform Guidance for administration of federal grants.

770  Distinguishing Between Supplies and Equipment

  • Replaced references to the former federal Circular A-87 with references to the Uniform Guidance for administration of federal grants.
  • Object 6200: Corrected title from “Buildings and Improvements” to “Buildings and Improvements of Buildings.”
  • Corrected “long and useful lives” to “long useful lives.”

775  Accounting for Internal Service Funds

  • Updated to add citation for GASB Statement 66.
  • Replaced obsolete grants in examples with current grants.
  • In sample journal entries involving a self-insurance fund, replaced unrestricted resource code with a restricted resource code.

780  Consolidation of No Child Left Behind (NCLB) Administrative Funds

  • Corrected title of Function 7210 from “General Administration Cost Transfers” to “Indirect Cost Transfers.”

805  Joint Powers Agreements/Agencies (JPAs)

  • Deleted discussion of the Categorical Program Flexibility provisions of SBX3 4 and SB 70.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Replaced obsolete grants in examples with current grants.
  • Example 1: Replaced obsolete example illustrating transfer of Regional Occupational Centers and Programs (ROCP) apportionments to a JPA with current example illustrating transfer of general purpose funding to the JPA.
  • Example 2: Added a cross-reference to Procedure 755, Example 8.
  • Example 3: Deleted obsolete reference to Education Code Section 41980(a) regarding Transportation funding.

810  Charter Schools

  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Replaced references to “data” and “financial reporting” with “year-end data” and “year-end financial reporting” to clarify that the CDE collects only year-end data from charter schools, not budgetary data.
  • Deleted from this procedure the list of the accounts used on the Alternative Form, and added reference to Procedure 330 where the accounts are defined.

901  Overview of Cost Accounting

  • Replaced references to Vocational Education with references to Career Technical Education.

905  Documenting Salaries and Wages

  • Replaced references to the former federal Circular A-87 with references to the Uniform Guidance for administration of federal grants.
  • Deleted references to obsolete programs, or replaced them with references to current programs.
  • Added guidance that LEAs must adhere not only to the documentation standards in the Uniform Guidance, but also to any additional standards established for particular programs.
  • Updated the definition of “Cost Objective” in accordance with the Uniform Guidance.
  • Deleted discussion of School-Based Coordinated Programs (SBCPs).
  • Added paragraph reiterating that neither federal regulations nor the CDE require LEAs to use a specific format for documenting salaries and wages, as long as the documentation satisfies the requirements.
  • In the section describing the substitute system for time accounting based on sampling, corrected “four times (or less) a year” to “three times (or less) a year.”
  • Added “and outside of the employee’s normal workday” to the section regarding supplemental employee contracts. Added clarification that where an employee’s normal workday consists of diverse assignments, none of the diverse assignments constitutes a “supplemental contract” for purposes of time documentation.
  • Added “#1” to the sample personnel activity report (PAR) already in the manual. Added a sample PAR #2, as an alternative to sample PAR #1, as an illustration of a more detailed time report that might be used for employees who work on more than one cost objective and whose time spent on each cost objective is unpredictable and varies significantly from day to day.
  • Added footnote to sample PAR #1 reiterating that the report must be based on actual time worked, not budget estimates.
  • Added additional “caution” statement to sample PAR #1 that during auditing and monitoring reviews, LEAs may be required to provide additional documentation to substantiate the percentages and hours reported, such as work schedules, job duty statements, or calendars.
  • On both sample Periodic Certifications, replaced “funded solely (100 percent) from a single cost objective” with “working solely (100 percent) on a single cost objective,” to emphasize that the main factor in determining time documentation requirements is not the number of funding sources supporting the employee’s salary, but the number of cost objective(s) on which an employee works.

910  Program Cost Accounting

  • Added to the definition of the Classroom Unit (CU) allocation factor that 960 square feet is used because it is the size of a typical classroom.

915  Indirect Cost Rate

  • Updated fiscal years used in examples to make examples more current.
  • Replaced references to the former federal Circular A-87 with references to the Uniform Guidance for administration of federal grants.
  • Deleted references to obsolete programs, or replaced them with references to current programs.

Appendix A – Analysis of Salaries

  • Added guidance on accounting for non-credentialed tutors.

Appendix B – Normal Balances of Balance Sheet Accounts

  • Added clarification that budgetary accounts and control accounts are not reported to CDE.

Appendix D – Function Codes for Common Activities

  • Added guidance on accounting for bond audits that are required as a condition of issuing bonds.
  • Added guidance on accounting for temporary child care during parents’ participation in school activities or meetings.
  • Added guidance that depreciation expense reported in accrual-basis statements is reported in the function that utilizes the asset being depreciated.
  • Clarified guidance on accounting for legal costs that are directly identifiable with administration of an instructional program or with a capital project.
  • Replaced references to Vocational Education with references to Career Technical Education.

Glossary

  • Deleted obsolete definition of “Account group.”
  • Updated statutory references for average daily attendance (ADA).
  • Updated various definitions to incorporate deferred outflows of resources and deferred inflows of resources in accordance with GASB Statement 63.
  • Deleted obsolete definition of “Designation for economic uncertainties.”
  • Corrected title of “Generally accepted governmental auditing standards” to “Generally accepted government auditing standards.”
  • Added new definition of “Interfund borrowing.” Expanded definitions of “Interfund accounts” and “Interfund transfers” to clarify the distinction between interfund borrowing and interfund transfers.
  • Corrected “bond insurance” to “bond issuance” in the definition of “Interim borrowing.”
  • Updated definition of “Project year” to conform to changes in Procedure 315.
  • Added definition of Standardized Account Code Structure (SACS) acronym.
  • Replaced references to Revenue Limit with references to LCFF.
  • Added cross-reference to “Interfund transfer” within definition of “Transfer.”
Questions:   Financial Accountability & Information Services | sacsinfo@cde.ca.gov | 916-322-1770
Last Reviewed: Friday, March 18, 2016

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