Building Blocks
Know Your Acronyms
California
Account-Abililty
"S" words
100
When these decrease they prevent you from selling another series of Local Bonds.
What are "Assessed Values?"
100
LCFF
What is "Local Control Funding Formula?"
100
In California, over 60% of the students live below this line.
What is the "Poverty Line?"
100
This state form auto-populates accurately once all warrant information is in Account-Ability.
What is the "184(A) or the 50-06?"
100
It's a mental or emotional condition, you also in live within one, it's also the "S" found within the acronym DSA.
What is "State?"
200
These are monies collected/paid to the local school district to mitigate costs of new schools and growth projects due to new homes and expansions of homes within the District's boundaries.
What are "Developer Fees?"
200
CASH
What is "Coalition for Adequate School Housing?"
200
True or False... The population of Canada is larger than the population of California.
What is False? (California has been larger for the past 10 years)
200
Although humans do this every day until the day we die, sometimes this section gets in neglected when developing/maintaining budgets in Account-Ability.
What is "Aging?"
200
For some this was a pain, for others a this was a pleasure, and its also the "S" in Office of Pubic S..... Construction.
What is "School?"
300
This program provides assistance for districts that cannot provide all or a part of their local share for a School Facility Program project.
What is the "Financial Hardship Program?"
300
The "T" in DTSC
What is "Toxic"
300
Of course everyone knows that California produces more Milk, Almonds, Grapes, Cattle, Strawberries, Walnuts, Lettuce, Hay, Tomatoes, and Turkeys than in any other U.S state... but more Rice too? True or False
False (California is 2nd to Arkansas)
300
True or False... Account-Ability is the only software produced by Colbi Technologies, Inc.?
False (ColbiDocs and ColbiReqs)
300
Districts have these when every door handle is required to be the same... Also the foundation of moral conduct.
What are "Standards?"
400
Effective July 1, 2013 Assembly Bill 97 repealed the SAB apportionment authority for the this Program/Fund and provided for full local control over these expenditures, earnings and funds.
What is the "Deferred Maintenance Program/Fund?"
400
The "A" in SAB.
What is "Allocation?"
400
California is home 18 Professional Sports teams (5 MLB, 3 NFL, 4 NBA, 3 NHL, 2 MLS, 1 WNBA), this team is that most recent to win a championship.
Who are the LA Galaxy?
400
Usually found within a Lease/Lease/Back construction contracts, these buckets of money are available for only specific and allowable activities (and trackable within AA)
What is an "Allowance Category?"
400
Although rarely recommended when dealing with construction invoices, this method is often used with dispersing an invoice across multiple projects.
What is "Split Coding?"
500
These are the 6 required OPSC project reporting categories.
What is "Site, Planning, Construction, Testing, Inspection, and F&E?"
500
GAGAS
What is "Generally Accepted Government Auditing Standards?"
500
The California Island what that once owned by William Wrigley, Jr. and served as the Spring Training site for the Chicago Cubs.
What is Catalina Island?
500
Accountants call work that occurred in the previous fiscal year but not a paid until the following fiscal year one of these.
What is an "Accrual?"
500
Having always been on shakey ground, this mitigation program provides for the repair, reconstruction, or replacement of the “most vulnerable” school facilities.
What is "Seismic Mitigation Program?"
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