Bulletin1929.docVIP

Part XLI. Bulletin 1929―Louisiana Accounting and Uniform Governmental Handbook Chapter 1. Purpose of Handbook 1 §101. Introduction 1 Chapter 3. The Account Classification Structure 1 §301. Explanation/General Information 1 Chapter 5. Fund Classifications 2 §501. Explanation/General Information/ Introduction/Overview 2 §503. Governmental Funds 2 §505. Proprietary Funds 3 §507. Fiduciary Funds 3 Chapter 6. Measurement Focus and Basis of Accounting 3 §601. Explanation/General Information/ Introduction/Overview 3 §603. Fund Financial Statements—Reporting of Expenditures/Expenses 4 §605. Types of Expenditures and Accounting Treatments 4 §607. Expenses 5 §609. Government-wide Statements―Reporting of Expenditures 5 Chapter 7. Classification of Revenues and Other Sources of Funds 6 §701. Revenue Codes 6 Chapter 9. Classification of Expenditures and Other Uses of Funds 13 §901. Object Codes 13 §903. Function Codes 20 Chapter 11. Classification of Balance Sheet Accounts 30 §1101. Assets and Other Debit Codes 30 §1103. Liabilities and Other Credit Codes 32 §1105. Fund Balance Codes 34 §1107. Definition―Supplies vs. Equipment 34 Chapter 13. Personnel Requirements 35 §1301. Minimum Requirements for Lead School Business Administrator/Chief Financial Officer/Business Manager (Local School Districts and Charter Schools) 35 Chapter 15. Expenditure Requirements 35 §1501. Seventy Percent Expenditure Requirement 35 Title 28 EDUCATION Part XLI. Bulletin 1929―Louisiana Accounting and Uniform Governmental Handbook Chapter 1. Purpose of Handbook §101. Introduction A. The primary purpose of the Louisiana Accounting and Uniform Governmental Handbook for local school boards is to serve as a vehicle for program cost accounting at the local and state levels. B. The Louisiana State Department of Education has a responsibility to provide and interpret comprehensive statistics about the condition of education in the state. In addition, it has congressional mandates to publish fiscal data a