Essay heading: 2005 CAFR Budget Analysis for The School District of Hillsborough County

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August 30, 2005






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They manage internal inter-company transactions such as interdepartmental billings. Finally, at fiscal year end they publish the Comprehensive Annual Financial Report (CAFR) based on data collected. ? Accounts Payable updates the Payables Ledger that feeds into general ledger maintained by the Accounting department...
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They process invoices and issue checks to vendors for payment. ? The Budget department tracks funds availability and expenditures by department and delivers reports at year end summarizing spending in various categories. ? The Logistics and Inventory department maintains the physical and accounting controls over any physical items such as: furniture, textbooks, office supplies, mail, buildings and equipment...
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