Consolidated Budgets
The consolidated budget is the portion of schools' general fund that supports non-FTE resources, including, but not limited to:
- supplies
- limited term personnel
- printing costs
- extended responsibility
- copy machines and toner
- substitute costs not covered centrally
Principals are required to submit their consolidated budgets for the coming school year in the spring; that information is available for tracking in PeopleSoft Financials starting July 1st.
Chartfields
All consolidated budgets are in fund 101 and use a program code ending in 3 and the class code 05000, as shown in the following list:
|
(Account) – 101 – (DeptID) – 11113 – 05000 |
Carryover
Schools have been allowed to carry over the unspent balance of their consolidated budgets from the previous school year. Carryover amounts are determined and distributed in October, after fiscal year-end close, and added to account 541000-Consumable Supplies. Carryover applies to school consolidated budgets ONLY. Schools which overspent their consolidated budgets in the previous school year will have that amount deducted from their current budgets.
