School Fiscal Services

  • RCW 28A.310.010 requires ESDs to provide services to the local districts, and assist the Superintendent of Public Instruction and the State Board of Education in the performance of their duties. Consulting and financial report processing services are included in these services and are funded by the state. These services are available to all districts. In addition, ESDs have statutory monitoring duties over second class school district finances (districts with fewer than 2000 FTE).
     
    Financial Consulting Services

    These are services delegated to the ESD by OSPI including but not limited to:
    • interpretation of laws and regulations on school finance
    • interpretation of the Accounting Manual for School Districts
    • interpretation of OSPI financial bulletins and memorandums
    • interpretation of Administrative, Budgeting, and Financial Reporting Policies and Procedures Handbook
    • cash flow planning and monitoring - long and short term including Debt Service
    • annual budget and financial statement review and approval
    • technical assistance for Special Education Safety Net applications
    • financial and management practice reviews and comparisons
    Financial Report Processing

    These are services delegated to the ESD by OSPI including but not limited to:
    • student enrollment eligibility, counting and reporting timelines
    • budget planning, estimating, hearing procedure, and reporting timelines
    • monthly and annual financial statement reporting procedures and timelines
    • personnel reporting procedures and timelines
    • K-3 class size funding
    • application for basic education funding eligibility reporting procedures and timelines
    • other
    Business Management and Support Services

    These are contracted services for school districts including but not limited to:
    • Tailored contracts designed to meet the business management needs of districts.
    • Business support for Capital Regional Data Center Fiscal Cooperative member districts under 220 FTE enrollment. Assistance with the following business needs are included in the fee and available upon request:
      • Budget consulting and development
      • Year end closing
    • Business support for Capital Regional Data Center Fiscal Cooperative member districts under 100 FTE enrollment. Assistance with the following additional services are included and available upon request:
      • Accounts payable
      • Payroll
      • S-275 reporting
      • Enrollment reporting
      • Month end balancing