PPT-KHPA: SMART Fund Balance Report

using fund 2556 for exhibit purposes Budget Balance From Commitment Control Cash Balance From General Ledger Month End Balance From Cash Balance Report To generate a fund balance report showing contingent and firm balance similar to the DAFR8101 . Presented by. Donna Denker, CPA. Donna Denker & Associates. Discussion:. 1.) Brief description of fund balance reporting prior to GASB 54. 2.) Outline of the new requirements. 3.) Effective Date. Reporting . Requirements. Marcia Taylor, CPA, CGFM. William McKain, CPA. Pennsylvania Association of School Business Officials March 17, 2011. Need for the Project. Fund balance – widely recognized as one of most used elements in financial statements. April 30, 2012. 1. Current Budget and Practices. 2. Fund Balance and Expense Trend. without. State Cash Flow Coverage. 3. 5 Year Fund Balance Summary. 4. Assumptions included in previous charts. All revenue received is expended . Joseph J. Welch, CPA Partner. Purvis Gray & Company LLP. Sarasota, Florida. GASB #54, paragraph 55. ……. . Those users want to know about the character of residual amounts. They want to know the extent to which the use of amounts reported in governmental funds is constrained and how binding those constraints are. Are they enforceable by parties external to the government? Does the government itself have the ability through some specified level of due process to remove or modify the constraints? Or are they less-binding or even nonbinding constraints that are simply indications of management's intent to use resources for specific purposes, with management having the power to change their intentions through a less rigorous process? . October . 2, 2012. Presented by:. Ron Bennett. President and CEO. School Services of California, Inc.. California’s Education Spending. Continues to Lag. Money Matters in Student Performance. California’s Spending Lags the Nation. For the month ending . October 31st, . 2016. La Center School District. Submitted by . Laurie . Kansanback. , Business Manager. General Fund Budgeted Revenue. General Fund Actual Revenues as of 10/31/16. Org Charts and More. Local Searches. Smart Art: Basic Venn. Three Spheres of Web Strategy. Web Strategy Balance. Frustrated Users. Monetization Issues. Sept 2009. Jeremiah . Owyang. , Web Strategist. June 14. ,. 2011. Agenda. Review, Methodology & Examples of Fund Balance Classifications. Fund Balance Policies vs. Stabilization Policies. Restricted – Stabilization by State Statute. Review & Examples of Fund Type Classifications. Presented by. Gregory S. Allison, CPA. Teaching Professor. UNC School of Government. Policy Practices. Typical recommended policies. Cash management. Debt . management –TODAY’S FOCUS. Audit procurement. March, 2015. Fund Codes and Types. A Fund identifies a particular pool of money. Coded within a fund is the source of the fund (institutional, federal, etc.) and whether that pool of money is restricted or unrestricted.. “The only thing worse than being blind is having sight but no vision.”. Helen Keller. GENERAL FUND. Projected Beginning Balance $ 2,500,000. Projected Revenues $ 25,298,355. Projected Expenditures . Introduction. Fund Balance Presentation in the Governmental Funds:. On the Income Statement - Fund Balance is comprised of the Excess (Deficiency) of Revenues Over Expenditures for the Fiscal Year combined with the Beginning Balance of Fund Balance. (How to Survive the Annual Report). Daniel Bush, Director. School Financial Services Team. WASBO New Administrators and Support Staff Conference. September 8, 2021. WUFAR Matrix. Due to. Due from. Ledger. March 1, 2021. City Council Finance Committee. General Fund Balance Sheet. Assets: $75,839,675. Liabilities: $12,897,215. Deferred Revenues: $14,997,262. Fund Balance: . $47,945,198. Total $ 75,839,675.