Transparency
To comply with Section 1.43 of Part I.B of the Appropriations Act of 2009 (Act No. 23 of 2009), Anderson School District Three is posting monthly non-salary expenditures. Act No. 23 is also referred to as School District Expenditure Transparency. A monthly online posting of all non-salary expenditures over one hundred dollars will be posted on this site. In addition, a monthly posting of statements from all credit cards maintained by Anderson School District Three will be posted. The information will be accumulated and maintained for five years.
All expenditures are paid using an accounting system with a 14 digit account structure. An example of this account structure is 100-112-410-00-002. The first three digits in this account represent the Fund from which the money is being paid. The next three are the Function or purpose for which the funds are being used. The following set of three digits is the Object, Service or Commodity, being purchased. The next set of three digits indicates the location of the expenditure. A brief explanation of these codes is listed below.For a more in-depth explanation please visit the South Carolina Department of Educational Financial Accounting Handbook at http://ed.sc.gov/agency/Finance-and-Operations/Finance/old/finance/manuals/index.html.
Fund | |
---|---|
100 | General Fund |
200 | Special Revenue Fund |
300 | Education Improvement Act Fund |
400 | Debt Service Fund |
500 | School Building Fund |
600 | Food Service Fund |
700 | Pupil Activity Fund |
800 | LEA Optional Use for Additional Special Revenue |
900 | SDE Designated Special Revenue Grants |
Function | |
---|---|
100 | Instruction |
200 | Support Services |
300 | Community Services |
400 | Other Charges |
500 | Debt Service |
Objects of Expenditure | |
---|---|
300 | Purchased Services |
400 | Supplies and Materials |
500 | Capital Outlay |
600 | Other Objects |
700 | Transfers |
Locations | |
---|---|
002 | Iva Elementary School |
003 | Starr Elementary |
008 | Flat Rock Elementary |
004 | Starr-Iva Middle School |
005 | Crescent High School |
006 | District Office |
000 | District Wide-Transportation |