Fasrg

Updates for FASRG version 18, include but are not limited to, the addition and removal of certain accounting codes. Please note that former Pre-K PICs 32, fasrg, 34, and 35 will be available fasrg xxxespañolas financial data fasrg will be submitted in the Mid Year submission, fasrg. All statutes, laws, rules, and authoritative guidance that LEAs must adhere to are not included in the FASRG; however, each LEA must ensure that it is knowledgeable and compliant with all applicable regulations and authoritative guidance. Agency Finances.

Please contact the Financial Compliance Division at financialaccountability tea. Robin Aldridge or robin. Roger Seemion or roger. Email: financialaccountability tea. Agency Finances.

Fasrg

.

School Data. Learning Support and Programs. Subject Areas.

.

Each year, charter schools, education service centers ESCs , and school districts must have their annual financial and compliance reports AFRs audited by an independent auditor. A school district or charter holder must have a depository contract with any bank into which TEA deposits state funds. For requirements and procedures related to depository contracts, select one of the following:. The text file is not required from charter schools. In addition, most charter schools and school districts are required to submit their state compensatory education district and campus improvement plans in a PDF. The FASRG describes the rules of financial accounting for school districts, charter schools, and education service centers. When the financial resources of a school district are insufficient to support its instructional programs or it is unable to finance the full compensation of staff for the current or next fiscal year. The state's school financial accountability rating system ensures that Texas public schools are held accountable for the quality of their financial management practices. The system is designed to encourage Texas public schools to better manage their financial resources to provide the maximum allocation possible for direct instructional purposes. The fiscal year of a school district begins on July 1 or September 1, as determined by the board of trustees of the district.

Fasrg

This code is used to account for funds granted for targeted support to assist LEAs to accelerate student learning due to learning loss caused by the COVID pandemic. Examples of how the funds may be used to assist LEAs in learning acceleration and support areas are:. The fiscal agent of a shared services arrangement will use this code to account for federal stimulus funds granted through the ARP Act to identify and provide homeless children and youth with services in light of the challenges of COVID, and to enable homeless children and youth to attend school and participate fully in school activities. The addition of these new codes will be used to account for all financial transactions to identify the fund group, specific fund, and permissible use of the funds. In addition to using the new fund codes, ensure that your LEA uses local option codes or has some method to track different types of expenditures from stimulus funds for possible requests of detailed expenditure data by the Texas Education Agency TEA or members of the Texas legislature. If you have any questions, please contact the Division of Financial Compliance by phone at or email at financialaccountability tea. Agency Finances.

Womens book week costumes

Preparation and Continuing Education. Other Services. Early Childhood Education. Financial Reports. Special Student Populations. Graduation Information. State Funding. Email: financialaccountability tea. Salary and Service Record. School Data. District Initiatives.

Please contact the Financial Compliance Division at financialaccountability tea. Robin Aldridge or robin. Roger Seemion or roger.

Salary and Service Record. Learning Support and Programs. Data Submission. Home Finance and Grants Financial Compliance. Educator Evaluation and Support System. Subject Areas. Curriculum Standards. Curriculum Standards. Instructional Materials. Charter Schools. Financial Compliance. Email: financialaccountability tea. District Initiatives. Financial Reports. State Funding.

3 thoughts on “Fasrg

Leave a Reply

Your email address will not be published. Required fields are marked *