033 DISTRICT FINANCE DATA - SHARED SERVICES ARRANGEMENT ACTUAL

Member district #1 acts as fiscal agent for a state/locally funded special education shared services arrangement that includes 1 other school district. Expenditures are allocated according to the example in the Financial Accountability System Resource Guide, section 1.3.3. Member school districts receive revenue from various sources (foundation fund revenue, tax revenue, etc.). These revenues are recorded in the General Fund and are to be used as the district deems appropriate with written established guidelines for operating purposes. The monies paid to the fiscal agent may not be identifiable as being from a specific revenue source. Periodically during the year, member school districts pay monies to the fiscal agent. Member school districts determine the payment amount based on predetermined criteria established in the shared services arrangement agreement. This information is reported in the following way.

Fiscal Agent

Fiscal Agent

Input Record
Type Code


District
ID

Shared Svcs
Arr Member
Dist ID

Shared-Svcs-Arrangemt-Type-Code


Fund
Code


Fiscal
Year


Actual
Amount



Filler

E0755

E0212

E0981

E0776

E0316

E0974

E0774

 

C042

   

C049

C145

     

Columns
1 - 3

Columns
4 - 9

Columns
10 - 15

Columns
16 - 17

Columns
18 - 20

Column
21

Columns
22 – 32

Columns
33 – 80

033

777777

777777

11

438

Y

59250

 

033

777777

888888

11

438

Y

49250

 

Explanation of 033 DISTRICT FINANCE DATA - SHARED SERVICES ARRANGEMENT ACTUAL Record Layout

DISTRICT-ID is 777777 for Member #1 ISD serving as Fiscal Agent.

SHARED-SVCS-ARR-MEMBER-DIST-ID is 777777 for Member #1 ISD.

SHARED-SVCS-ARRANGEMT-TYPE-CODE 11 indicates special education shared services arrangement.

FUND-CODE 438 (for fiscal agents only) designates special revenue shared services arrangement fund Public School Child Care Services.

ACTUAL-AMOUNT indicates $59,250 was expended for Public School Child Care Services for Member #1 ISD.

SHARED-SVCS-ARR-MEMBER-DIST-ID is 888888 for Member #2 ISD.

ACTUAL-AMOUNT indicates $49,250 was expended for Public School Child Care Services for Member #2 ISD.

Overall Notes

Expenditures reported on 033 DISTRICT FINANCE DATA - SHARED SERVICES ARRANGEMENT ACTUAL record reflect total expenditures related to object code 5722 amounts on the fiscal agent’s 032 Actual record in the fiscal agent-specific SSA fund codes.