2007-08 Adopted Plan - Wake County Public School System

Glossaryheadquarters, and garages.b. The acquisition, construction, reconstruction, enlargement,renovations, or replacement of buildings and other structures,including but not limited to buildings for classrooms andlaboratories, physical and vocational educational purposes,libraries, auditoriums, gymnasiums, administrative offi ces, storage,and vehicle maintenance.c. The acquisition or replacement of furniture and furnishings,instructional apparatus, data-processing equipment, businessmachines, and similar items of furnishings and equipment.d. The acquisition of school buses as additions to the fl eet.e. The acquisition of activity buses and other motor vehicles.f. Such other objects of expenditure as may be assigned to thecapital outlay fund by the uniform budget format.The cost of acquiring or constructing a new building, or reconstructing,enlarging or renovation of existing building, shall include the cost ofall real property and interests in real property, and all plants, works,appurtenances, structures, facilities, furnishings, machinery, andequipment necessary or useful in connection therewith; fi nance charges,the cost of plans, specifi cations, studies, reports, and surveys, legalexpenses, and all other costs necessary or incidental to the construction,reconstruction, enlargement or renovation.Capital ProjectMajor construction, acquisition, or renovation activities, which add valueto a government’s physical assets or signifi cantly increase their usefullife. Also called capital improvements.CarryoverFunds appropriated but unspent in the fi rst fi scal year which are broughtforward for expenditure in the succeeding fi scal year(s).Cash BasisA basis of accounting in which a transaction is recognized only whencash is increased or decreased.Categorical AllotmentsLocal school systems may use this funding to purchase all servicesnecessary to address the needs of a specifi c population or service. Thelocal school system must operate within the allotted funds. These fundsmay be used to hire personnel such as teachers, teacher assistants,and instructional support personnel or to provide a service such astransportation, staff development, or to purchase supplies and materials.Examples: At Risk Student Services, Transportation, Children withDisabilities.Categorical FundsA dollar allotment which may be used to fund positions and/or othersupport such as supplies, materials, etc. for that particular program.Categorical GrantsA grant received from another governmental unit to be used or expendedon specifi c programs.Category I ProjectAcquisition of real property and acquisition, construction, reconstruction,enlargement, renovations, or replacement of buildings and otherstructures for school system purposes.Category II ProjectAcquisition or replacement of furniture, furnishings, and equipment.Category III ProjectAcquisition of school buses, activity buses, and other motor vehicles.CCTVClosed Circuit TelevisionCDCompact DiskCDCCareer Development CoordinatorCFDA#A number that is assigned to each federal program for which a grantis awarded. The Catalog of Federal Domestic Assistance containsinformation for all federal grant programs such as grant authorization,who is eligible to apply, etc.390