6A-1.001: District Financial Records
6A-1.004: Commissioner to Review Budgets
6A-1.0071: Fiscal Reporting Dates
6A-1.038: Funding and Refunding of School District Indebtedness
PURPOSE AND EFFECT: The purpose of the development for Rule 6A-1.001, F.A.C., is to propose changes to, Financial and Program Cost Accounting and Reporting for Florida Schools as incorporated by reference. Changes in law, accounting principles, and district practices require periodic revision of this publication, which includes the chart of accounts. Anticipated changes to the chart of accounts include: (1) modify balance sheet accounts in accordance with Governmental Accounting Standards Board (GASB) Statement 54; (2) modify revenue accounts for federal programs based on changes in legislation and reporting; (3) modify revenue accounts for state programs in accordance with changes in state funding; (4) modify local revenue accounts for changes in fee structures; (5) modify fund and account group structure for consistency with GASB Statement 54; (6) clarify Function and Object code definitions; (7) provide accounting guidance in accordance with GASB Statement 54 in Chapter 2; and (8) modify Chapter 5, Program Cost Accounting and Reporting, to reflect changes in legislation. The purpose of the development for Rules 6A-1.004 and 6A-1.038, F.A.C., is to align the rules with the provisions in Chapter 2011-175, Laws of Florida, which took effect on July 1, 2011. The 2011 legislation deleted the requirement that the Commissioner of Education review the budget of district school boards and the requirement that the Department of Education approve the budget of district school boards. The purpose of the development for Rule 6A-1.0071, F.A.C., is to add Form ESE 374, Schedule of Maturities of Indebtedness, and Form ESE 523, Information Concerning Authorized Obligation Under Sections 1011.14 and 1011.15, Florida Statutes, to the submission of the school district annual financial report. The effect will be rules aligned with Florida Statutes.
SUBJECT AREA TO BE ADDRESSED: District financial records, budget submission procedures, and annual financial reporting submission procedures.
RULEMAKING AUTHORITY: 1001.02(1), 1010.01, 1010.20, 1011.03(4), 1011.16, 1011.60(1), 1011.60(5) FS.
LAW IMPLEMENTED: 200.065, 1001.42(13)(b), 1010.01, 1010.20, 1011.01(3), 1011.02, 1011.03(4), 1011.16, 1011.60(1), 1011.60(5) FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE WEEKLY.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: rk Eggers, Bureau of School Business Services, Department of Education, 325 West Gaines Street, Room 814, Tallahassee, Florida 32399-0400, (850)245-0405. To request a rule development workshop, please contact: Lynn Abbott, Agency Clerk, Department of Education, (850)245-9661 or email email@example.com or go to https://app1.fldoe.org/rules/default.aspx
THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS:
AVAILABLE AT: https://app1.fldoe.org/rules/default.aspx