The purpose of the Uniform Financial Accounting and Reporting Standards (UFARS) GASB 54 Subcommittee is to review the Governmental Accounting Standards Board (GASB) Statement 54, Fund Balance Reporting and Governmental Fund Type Definitions and propose necessary modifications to UFARS to implement the new accounting standard.
Effective for school district and charter school financial reporting for FY 2011 and later years, GASB 54 will require fund balances, which have traditionally been classified as reserved and unreserved, to be classified in one of five categories:
History Day Winter Webinars
The Minnesota Historical Society (MHS) is offering webinars on History Day. Teachers are invited to attend an hour-long webinar about different aspects of the History Day project. The webinars are spaced over the winter season and reflect the general History Day project timeline. Topics include: • History Day Theme, Nov. 11, 3-4 p.m. • Thesis Statement, Dec. 11, 3-4 p.m. • Project Organization, Jan. 6, 3-4 p.m. • Competitions and Judging, Feb. 3, 3-4 p.m.