Monthly Expenditures

Lexington County School District posts monthly non-salary expenditures as required by Section 1.25 of the 2019–2020 Appropriations Act. These transparency requirements have been in place since 2009–2010 and require school districts to report all non-salary expenditures/disbursements. 

Prior to January 2021, the district published two reports. One report for expenditures excluding credit card transactions and another with credit card payments only. Beginning in January 2021, the district will post a single report that includes all disbursements, including payments on district credit cards. 

This new report provides more details than the previous reports. The disbursements on this report include all funding sources. The first digit of the account key displayed in the third column of the report indicates the fund used.

GENERAL FUND
Account keys beginning with a “1” are paid from the district’s General Fund. The General Fund accounts primarily for the general operations of the school district, unless the funds are required to be included in another fund.

SPECIAL REVENUE FUNDS
Account keys beginning with a “2,” “3,” “6,” “8,” or “9” are classified as Special Revenue Funds. The revenues for these funds are legally restricted to specific uses based on the source of the revenue. These restrictions are largely determined by federal, state and other grantor restrictions. 

The district has three main categories of Special Revenue Funds: Special Revenue, Special Revenue – Education Improvement Act (EIA) and Special Revenue – Food Service.

CAPITAL PROJECTS FUND
Account keys beginning with a “5.” The Capital Project Fund accounts for financial resources  are restricted, committed or assigned for capital outlay. Proceeds from the issuance of general obligation bonds makes up the primary source of funding for capital projects.

FIDUCIARY FUNDS
Account keys beginning with a “7.” These funds are considered agency funds, and account for the receipt and disbursement of monies to and from student organizations and student activities. These funds are not budgeted by the district.

2015–2016 MONTHLY EXPENDITURES

2014–2015 MONTHLY EXPENDITURES