2007-08 Adopted Plan - Wake County Public School System

GlossaryResourcesTotal amounts available for appropriation including estimated revenues,fund transfers, and beginning balances.RevenueSources of income fi nancing the operations of government.Revenue BondThis type of bond is backed only by the revenues from a specifi c enterpriseor project, such as a hospital or toll road.Revenue CodesRevenues received by a local education agency are classifi ed by sourceof revenue by category and/or purpose within each source. The majorsources of revenue are:1. State2. Federal3. County Appropriation4. Supplemental Taxes5. Other revenuesRollup BalancesThe fi nancial computer system will check available balances at theprogram code level rather that at the individual account level whenpayments are processed. Expenditures will be allowed as long as fundsare available overall in the program. Rollups can be at the level code.Salary AuditA verifi cation by the Department of Public Instruction that the amountpaid to the individual is in accordance with the certifi ed salary schedule.SAPStudent Assistant ProgramSATThe SAT is a national exam designed to measure a student’s chance ofsuccess at the college level.S/CHHMPSchool/Community Helping Hands Mentoring ProgramSchoolAn organizational subdivision of a school system consisting of a groupof pupils composed of one or more grade groups, organized as one unitwith an assigned principal, or person acting in the capacity of principal, togive instruction of the type defi ned in the NC Standard Course of Study,and housed in a school plant of one or more buildings.School Improvement PlanAll LEAs must delineate a set of student performance goals aimed atincreasing student achievement. These goals shall address specifi c,measurable goals for all student performance indicators adopted bythe state board. Locally developed student performance goals must bestated in terms of three-to fi ve-year student performance goals, includingannual milestones to measure progress in meeting those goals.SCOSStandard Course of StudySalaryAn employee’s salary includes: (1) the amount of compensation to whichthe employee is entitled during the year from the salary schedule, (2) theamount of longevity pay, if any, to which the employee is entitled duringthe year, and (3) the amount of local supplement, if applicable, to whichthe employee is entitled during the school year.SDPStudent Due ProcessSecondary Budget ManagerSecondary budget managers are assistant principals or a cabinetmember may establish central offi ce administrators as secondary budgetmanager.406