2013-2014 Board of Education Proposed Budget Book

SOUTH WINDSOR PUBLIC SCHOOLS
2013-2014 Board of Education Budget (PROPOSED)
GLOSSARY
Fund Accounting: A system or procedure, which involves giving recognition in the accounting records for the issuance of purchase
orders, invoices, or other commitments chargeable to an appropriation in advance of any liability or payment.
Fund Balance: The excess of assets of a fund over its liabilities and reserves. During the fiscal year prior to closing, it represents the
excess of the fund’s assets and estimated revenues for the period over its liabilities, reserves and appropriations for the period.
Fund, General: The fund used to finance the ordinary operations of the town. It is available for a legally authorized purpose and
consists of money not specifically designated for some other particular purpose. The Board of Education’s share of the General Fund
corresponds with its annual appropriation from the municipality.
GASB: The Governmental Accounting Standards Board is a non-profit organization dedicated to the establishment and improvement
of standards for state and local governmental accounting and financial reporting.
IEP: Individualized Education Plan. A detailed program tailored to the needs of students with special needs.
IPM: Integrated Pest Management. The holistic approach to controlling unwanted insects, rodents, and other pests by emphasizing the
monitoring and environmental controls, rather than pesticides.
Literacy: The ability to encode or decode in any symbolic form used in our culture. Decoding is the receptive skill of breaking down
and making sense of symbols. Encoding is the expressive skill through which one demonstrates their understanding. Literacy includes
the ability to read, write, compute, speak, view, and express through a variety of other cultural and artistic forms.
LSH: Language, Speech and Hearing.
Magnet School: Magnet schools are public schools of choice, so named because they attract students to their particular focus or
theme. Magnet schools give parents and guardians the opportunity to choose programs for their children from throughout the Capitol
Region. Magnet schools allow students to focus on specific talents or interests while studying a challenging core curriculum of
language arts, mathematics, science, social studies and languages in a diverse environment.
Naviance: A web-based program that enables schools to develop and manage multi-year plans for every student to chart a path toward
graduation while achieving college and workplace readiness. Naviance is currently used with students in grades nine through twelve.
In 2012-13 it will be expanded to be used with students in grades six through eight.
Page 95