Funds

The Business Office administers the following funds:

The General Fund is the District's major operating fund. It accounts for all financial resources except those required to be in another fund.

The Capital Projects Fund accounts for the proceeds and use of money that can be used only for capital improvements and for replacements of and additions to public works and improvements not financed by the Enterprise Fund or Trust Fund.

The Debt Service Fund accounts for the accumulation of resources, sources for and the payment of long-term debt principal and interest.

The District's Enterprise Fund accounts for revenues and costs associated with the lunch and breakfast programs which are available to all students.

The Private-Purpose Trust Fund accounts for assets held by the District in a trustee capacity for the purpose of providing annual scholarships to particular students as prescribed by donor specifications.

The District accounts for assets held as an agent for various student activities in an Agency Fund .

The Special Revenue Fund Type consists of the following sub-funds:

Special Activity Fund accounts for programs operated and sponsored by various school clubs and organizations which are not controlled by students.

Capital Reserve Fund accounts for specific revenue sources other than specific assessments, expendable trusts or major capital projects that are legally restricted to expenditures for specific purposes. The capital reserve fund was reclassified to the capital projects fund as of July 1, 2010 as per GASB 54.

Athletic Fund accounts for gate receipts and other revenues from athletic events and all associated costs of the events. The athletic fund was reclassified to the general fund as of July 1, 2010 as per GASB 54.

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