As you know, effective in the 2000-2001 school year, building location codes will be required for selected revenue and expenditure transactions. This was discussed in workshops conducted last June and July by Arkansas Department of Education (ADE) personnel and in Director's Memorandum FIN-00-013, dated 08/16/1999. In addition, the ADE is evaluating methods to improve and simplify the revenue and expenditure data submission process of the Annual Financial Report and Budget.
In order to assist APSCN and other ADE personnel in evaluating the revenue and expenditure data submission process, we are asking districts to voluntarily submit data elements for actual revenues and expenditures from the 1998-99 Annual Financial Report. This submission will be made through a special APSCN pull that will be made available on the APSCN Applications menu. This will not require any additional work by the school districts. The data will only be used for testing purposes. No reports will be generated.
If a participating district would like to view the data that has been submitted, it would simply involve running the Detailed Expenditure Status Report and the Detailed Revenue Status Report from the APSCN menu.
Please consider participating in this very important testing process. The more participants we have, the better prepared we will be to make decisions for the next budgeting cycle.