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page 58 <br />8200 Unbudgeted Funds <br />Include unbudgeted federal grant funds administered by the State Board of Education that are being set aside by <br />the LEA and are not a part of the LEA’s budgeted funds. These funds are not available for use in the current fiscal <br />for expenditures unless the LEA first transfers an amount from this account to their budgeted line item(s) by means <br />of an approved budget amendment. This code may also be used to identify appropriated but unbudgeted funds in <br />any fund source by the LEA. <br />8300 Debt Services <br />Include debt service payments for lease purchases or installment contracts. <br />8400 Interfund Transfers <br />Include transfers of funds from one fund to another fund in an LEA. <br />8500 Contingency <br />Include appropriations for use in circumstances not completely foreseen. As monies are required from this item, <br />budget amendments should be made to transfer monies to the appropriate operating function. <br />8600 Educational Foundations <br />Include payments made by the school system on behalf of an education foundation for which the school system <br />has fiscal responsibility <br />8700 Scholarships <br />Include payments made for the awarding of scholarships by the school system for students and LEA personnel. <br />Capital Outlay (9000) <br />Expenditures for acquiring fixed assets, including land or existing buildings, improvements of grounds, initial equip- <br />ment, additional equipment, and replacement of equipment. Do not include any costs which may be coded to one <br />or more specific purpose functions. (i.e., purchase of transportation equipment would be coded to 6550, mainte- <br />nance equipment would be coded to 6580, regular instructional equipment purchases would be coded to 5110, etc.). <br />The remaining three digits may be used for local use purposes. <br />AGENDA ITEM # 1 <br />ATTACHMENT A