Notes to SEFA
For all Federal programs, the Center uses the fund types specified in Texas Education Agency’s Financial Accountability System Resource Guide. The Special Revenue Fund is used to account for resources restricted to, or designated for, specific purposes by a grantor. Federal and state financial assistance generally is accounted for in the Special Revenue Fund.
The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. The Governmental Fund types, which include all Federal grant funds, are accounted for using a current financial resources measurement focus. With this measurement focus, only current assets, deferred outflows of resources, current liabilities, deferred inflows of resources and fund balance are included on the balance sheet. Operating statements of these funds present increases and decreases in fund balance.
Some grants are assigned CFDA No. 84.999 because they are funded from the Texas Education Agency’s consolidated administrative funds.