Special Revenue Funds
The Special Revenue Funds are used to account for the proceeds of specific revenue sources, other than major capital projects or expendable trust funds, that are legally restricted to expenditures for specified purposes. The Special Revenue Funds include:
State Public School Fund
The State Public School Fund is used to account for the current operating expenditures of the Board from monies made available by the State Department of Public Instruction.
Direct Federal Grants Fund
The Direct Federal Grants Fund is used to account for grant monies received directly from the federal government.
State Administered Federal Grants Fund
The State Administered Federal Grants Fund is used to account for federal grant monies administered through the State Department of Public Instruction.