Transparency Reports

South Carolina Public Charter School District

Expenditure Transparency

To comply with Section 1.43 of Part I.B of the Appropriations Act of 2009 (Act No. 23 of 2009), South Carolina Public Charter School District 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 South Carolina Public Charter School District will be posted. The information will be accumulated and maintained for five years.

All expenditures are paid using an accounting system with a 15 digit account structure. An example of this account structure is 100-112-410-0002-00. 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 or actual item/service purchased. The next set of four digits indicates the modifier of the expenditure to identify a particular fiscal year for Federal programs or Pupil Activity account. The last two digits describe the location, school/central services. A brief explanation of these codes is listed below. For more in-depth explanation please visit the South Carolina Department of Education Financial Accounting Handbook at: https://www.ed.sc.gov/finance/financial-services/manual-handbooks-and-guidelines/funding-manuals/fiscal-year-2018-2019-funding-manual/

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

OBJECT

100 - Salaries

200 - Benefits

300 - Purchased Services

400 - Supplies and Materials

500 - Capital Outlay

600 - Other Objects

700 - Transfers