Overview

The Capital and Other Programs Accounting Section is comprised of the following three areas:

   

      Capital Accounting provides accounting and reporting for the District's capital programs including the bond program, Developer Fee  programs, etc. 

 

      Other Program Accounting provides accounting and reporting for the Cafeteria Program, the Child Development Program, and the Adult Education Program. Staff also prepares and submits claims and provides fiscal reporting as required by state and federal granting agencies.

 

      Asset Accounting is responsible for maintaining the District asset sub ledgers. This includes accounting and tracking of projects expenditures from constructions through final completion and maintaining depreciation recordds.

 

 

The Cash Receipts Office receives cash and checks from various sources such as Federal, State, and local entities (County, City, schools, private companies, and private individuals). The office codes and inputs receipts SAP revenue accounts, balance sheet accounts, or expenditure accounts; deposits the checks with Bank of America; prepares monthly worksheets of daily deposits and reconciliations of Cash in Bank per books, and per bank accounts; and researches and analyzes transactions and deposit problems relating to cash receipts.

The Charter Schools Accounting office processes monthly revenue payments that pass through the District and remits the money to fiscally independent charter schools on or before the designated deadlines; collects fees for services rendered to charter schools by the District; processes repayments for loans and/or other forms of advances from the District; coordinates the consolidation of First and Second Interim reports and un-audited actuals for submission to LACOE; reviews audited financial statements submitted by the charter schools for audit adjustments to amend the succeeding year's beginning fund balance; and maintains an efficient system of reporting in compliance with the California School Accounting Manual and an efficient communication system with the charter schools and other offices.