District Expenditure Reports

Welcome to the Lee County Public Schools Revenue and Expenditures page. This Web page contains the link to the Department of Education's Financial and Program Cost Accounting and Reporting for Florida Schools Web site that defines account numbers for revenue and expenditures.

http://www.fldoe.org/fefp/redtoc.asp

It also contains two reports from the District:

1. a complete listing of expenditures from the previous fiscal year (2008)

   •  2008 (PDF - 21 MB)
      

2. a cumulative summary of total expenditures for the current fiscal year (2009) which will be updated as close to a monthly basis as the data will allow. As you would expect, the amount expended will grow substantially from month to month as more and more funds are expended by the District.

   • Current 2009 Report (PDF - 61 KB)

The first report shows, by vendor, how much money was paid out for various good and services provided to the District in the previous year. The second report is a summary by Part, Function, and Object Code.

Below is information to use when reviewing the Report of Revenue and Expenditures:

PART

A part is a group of funds with a self-balancing set of accounts recording revenue and expenditures which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations.

FUNCTION

Revenue:  Function classifications indicate the source of revenue.

Expenditure:  Function classifications indicate the overall purpose or objective of expenditure.  Functions are group related activities aimed at accomplishing a major service or regulatory responsibility.  The activities of a local school system are classified into five broad areas:  Instruction, Instructional Support, General Support, Community Services and Non-program Charges (Debt Service and Transports). 

OBJECT CODE

The object code classification indicates the type of goods or services obtained as a result of a specific expenditure.

The District reports the following governmental funds:

• General Fund (Part I) - is the District’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund.
   

• Debt Service Fund (Part II) Certificates of Participation Funds accounts for the resources accumulated and payments made for principal, interest, and related costs on the long-term Certificates of Participation.
   

• Capital Projects Fund (Part III)  – Local Capital Improvement Fund accounts for the resources used for the acquisition or construction of major capital facilities financed through tax levies pursuant to Section 1011.71(2), Florida Statutes.