Last Update: 4/5/12

Chapter 392-123 WAC


WAC Sections

The accounting manual.
School district fiscal year.
Definitions—General fund, capital projects fund, debt service fund, associated student body fund, advanced refunding and advance refunded bond funds, transportation vehicle fund and insurance reserves.
Definitions—Revenue, accrual basis expenditures, cash basis expenditures, appropriation, and disbursements.
Basis of budgeting and accounting.
Budget contents.
Time schedule for budget.
Identification of revenues to be included in the budget.
Petition to budget receivables collectible in future fiscal periods.
Noncompliance with binding restrictions.
Overexpending and exceeding the budget.
Budget extensions—First-class school districts.
Budget extensions—Second-class school districts.
Effective date of appropriation resolutions.
Identification of balanced budget.
Termination of appropriations.
Review of first-class school district budgets and budget extensions.
Review of second-class district budgets and budget extensions.
Budget determined to be unsound after superintendent's review.
Budget as noncompliant and unsound.
Revised budget as not submitted or noncompliant.
State board of education action regarding missing or noncompliant budget.
Monthly financial statements and reports prepared by school district administration.
Monthly budget status reports.
Statement of financial condition—Financial position of the school district.
Personnel budget status report.
Reconciliation of monthly county treasurers' statements to district records.
Interfund loans—Definition.
Interfund loans allowable.
Effective date.
Interfund loans—Identification of temporary loans.
Interfund loans—Payment of interest.
Interfund loans—Full disclosure on financial statements.
Interfund loans—Board resolution adopted—Contents.
Contractual liability extending beyond end of fiscal period.
Proceeds from the sale of school district real property.
Proceeds from the lease, rental or occasional use of surplus property.
Bond proceeds.