A shared services arrangement is formed for an ESEA, Title I, Part A – Improving Basic Programs project. The funds are received from TEA. The combined entitlements for the two participating members are $100,000. One member district (Member #1) that acts as fiscal agent will pay $20,000 for a remedial reading teacher at campus 101. The other member district (Member #2) will pay $25,000 for a remedial reading teacher at campus 041. The fiscal agent will retain $25,000 to employ a remedial math teacher that will work 50% of the time at both schools, at the same campus as the reading programs. The remaining $30,000 will be retained by the fiscal agent to employ a program director to serve both school districts. This information is reported in the following way.
Fiscal Agent
Input Record |
|
Shared Svcs |
Shared-Svcs-Arrangemt-Type-Code |
|
|
|
|
---|---|---|---|---|---|---|---|
Columns |
Columns |
Columns |
Columns |
Columns |
Column |
Columns |
Columns |
033 |
444444 |
444444 |
04 |
300 |
Y |
27500 |
|
033 |
444444 |
333333 |
04 |
300 |
Y |
27500 |
Explanation of 033 DISTRICT FINANCE DATA - SHARED SERVICES ARRANGEMENT ACTUAL Record Layout
DISTRICT-ID is 444444 for Member #1 ISD serving as Fiscal Agent.
SHARED-SVCS-ARR-MEMBER-DIST-ID is 444444 for Member #1 ISD.
SHARED-SVCS-ARR-MEMBER-DIST-ID is 333333 for Member #2 ISD.
SHARED-SVCS-ARRANGEMT-TYPE-CODE 04 indicates compensatory or remedial education shared services arrangement.
FUND-CODE 300 (for fiscal agents only) designates special revenue shared services arrangement fund ESEA, Title I, Part A.
FISCAL-YEAR Y designates the last digit of the fiscal year.
ACTUAL-AMOUNT indicates $27,500 was expended for ESEA, Title I, Part A for each member district ($25,000 + $30,000 retained by fiscal agent and spent equally for the benefit of both member districts as per their agreement ($55,000 divided by 2)).
Overall Notes
Expenditures reported on 033 DISTRICT FINANCE DATA - SHARED SERVICES ARRANGEMENT ACTUAL Record reflect amounts not coded to object code 6493 on the fiscal agent’s 032 Actual record in the fiscal agent-specific SSA fund codes