The Center Consolidated School District
26JT (CCSD) fiscal year begins July 1 and ends June 30. Our District uses a
modified accrual method of fund accounting and our chart of accounts aligns with
that of the Colorado Department of Education (CDE). A fund is a grouping
of related accounts that is used to maintain control over resources that have
been segregated for specific activities or objectives, as designated by Colorado
State Statute. CCSD monitors these funds to ensure and demonstrate compliance
with financial related legal requirements. Our Board of Directors review
financial statements each month during the Regular Board of Directors’ Meeting.
These financial statements are unaudited and are not adopted by the board but
are available to the public.
CCSD is required to submit a budget to the CDE prior to commencement of each
fiscal year by May 31. We are allowed to make
revisions to our budget during the fiscal year, but our final version must be
submitted to the CDE by January 31. All budget
revisions are adopted by the Board of Directors and are available to the public.
Small/Rural with less than 1,000 K-12 students,
and having no charter schools, are required to post District level
financial information only). Center
Consolidated Schools is identified as a Small/Rural District.
Disclaimer: Please consider the context
when evaluating financial transactions. Some transactions may appear improper on
the surface but are perfectly normal and justifiable when placed in the proper
context. We welcome your questions regarding our financial transactions or