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| INFORMATIONAL CIRCULAR NO. 01-A-017 |
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| DATE: |
April 5, 2001 |
| SUBJECT: |
Establishment of Additional and Revision of Revenue
Subobject for Grants |
| EFFECTIVE DATE: |
Immediately |
| A & R CONTACT: |
Financial Integrity Team
Pam Karns
Mike
Lovich |
(785) 296-2660
(785) 296-2131 |
(pam.karns@da.state.ks.us)
(mike.lovich@da.state.ks.us)
|
| APPROVAL: |
 |
| SUMMARY: |
According to Governmental Accounting Standard Board (GASB)
Statement 34, revenues from grants should be classified as operating or
capital. |
These changes are based on a survey sent to agencies who receive large amounts of grant
money. This survey revealed that most of the revenues received for grants were for operating
grants. In those situations where grant revenues are received for capital projects,
additional revenue subobject codes are being established to report these capital grant
revenues. The reporting of operating and capital grants is necessary to comply with Generally
Accepted Accounting Principles (GAAP) and GASB Statement 34.
The following revenue subobject codes for grants have been revised to report operating
grants. Operating grants are defined as grants used for the operation of a specific program.
The following changes in descriptions for operating grants are effective immediately:
| 4010 |
Highways and Bridges (Operating Grants): Federal
grants and matching funds for building highways and bridges, including grants
for primary, urban and secondary roads. (Agency 276 only) |
| 4020 |
Public Health (Operating Grants): Federal grants for hospital survey and planning, tuberculosis
control, cancer control, heart disease control, children's bureau and grants under U.S. Public
Health Service, the Social Security Act, and grants to the University of Kansas Medical Center. |
| 4031 |
SRS Federal Formula Operating Grants-Emergency Assistance |
| 4032 |
SRS Federal Formula Operating Grants-Aid to Dependent
Children-Assistance |
| 4033 |
SRS Federal Formula Operating Grants-Title IV-E Foster Care |
| 4035 |
SRS Federal Formula Operating Grants-Child Welfare Services |
| 4036 |
SRS Federal Formula Operating Grants-Aid for Medical Assistance-Assistance |
| 4038 |
SRS Federal Formula Operating Grants-Title IV-D Child Support Enforcement |
| 4039 |
SRS Federal Formula Operating Grants-Vietnamese Refugee |
| 4040 |
Employment Security Administration (Operating Grants):
Federal grants received for employment security administration, gathering of
labor statistics, and administration of payments to veterans.
(Agency 296 only) |
| 4050 |
Education and Research (Operating Grants): Federal
grants received for educational and research programs including, but not
limited to, vocational rehabilitation, on-farm training for veterans, instructor
salaries, education, educational research, and agricultural research grants. |
| 4062 |
SRS Federal Formula Operating Grants-Refugee Targeted
Assistance-Sedgwick County |
| 4064 |
SRS Federal Formula Operating Grants-Aid to Dependent Children-Administration |
| 4065 |
SRS Federal Formula Operating Grants-Medical Assistance-Administration |
| 4066 |
SRS Federal Formula Operating Grants-Food Stamp Program |
| 4069 |
SRS Other Federal Formula Operating Grants |
| 4071 |
SRS Federal Block Operating Grants-Social Service Assistance Programs |
| 4073 |
SRS Federal Block Operating Grants-Alcohol and Drug Assistance Programs |
| 4074 |
SRS Federal Block Operating Grants-Energy Assistance |
| 4090 |
Other Federal Grants(Operating Grants): Federal
grants for aid in wildlife restoration, work-study programs, and other grants
to aid in the support of specific functions of government not classified
elsewhere. |
| 4100 |
All Other Operating Grants, Gifts, Donations and
Contributions: Amounts received from private and public sources, other than the
federal government, for use in support of specific functions of
government or for use in other governmental activities. |
The following federal grants revenue subobject codes are being established to report capital
grants revenues. Paragraph 50 of GASB Statement 34 states that a capital grant is used to
purchase, construct or renovate a capital asset associated with a specific program. The
following additions for capital grants are effective immediately:
| 4014 |
Highways and Bridges (Capital Grants): Federal
Grants and matching funds for building highways and bridges, including grants
for primary, urban and secondary roads. |
| 4054 |
Education and Research(Capital Grants): Federal
grants received for educational and research programs including, but not
limited to, vocational rehabilitation, on-farm training for veterans, instructor
salaries, education, educational research, and agricultural research grants. |
| 4094 |
Other Federal Grants(Capital Grants): Federal grants
for aid in wildlife restoration, work-study programs, and other grants to aid
in the support of specific functions of government not classified elsewhere. |
| 4104 |
All Other Capital Grants, Gifts, Donations and
Contributions: Amounts received from private and public sources, other than
the federal government, for use in support of specific functions of government
or for use in other governmental activities. |
These revisions will be reflected in the Uniform Receipt Classification Revenue Sub-object
Codes filing (PPM Filing Number 6,002) on the Division of Accounts and Reports web site
http://www.da.ks.gov/ar/ppm/ppm01001.htm.
DB:PK:lmm
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