Section 4 AAC 09.160 - Fund balance(a) All money in the year-end fund balance of a district's school operating fund are subject to the 10 percent limit described in AS 14.17.505(a), except for money in the following five categories: (3) prepaid expenses, which may including fuel;(5) federal impact aid received (A) in response to the application for impact aid submitted in the fiscal year that immediately preceded the current fiscal year; and(B) on or after March 1 of the current fiscal year that was awarded as a result of applications that were submitted before the application for impact aid for the current fiscal year;(6) unexpended annual student allotment money provided under AS 14.03.320(c).(b) A district shall include in the report required under 4 AAC 06.121(5) (A) a schedule that identifies the amount of money in the categories listed in (a) of this section.(c) For purposes of AS 14.17.505(a), "unreserved portion of the year-end fund balance of a school operating fund" means the portion of the fund balance remaining after the deduction of the items listed in (a) of this section.Eff. 12/13/87, Register 104; am 8/5/90, Register 115; am 6/19/2011, Register 198; am 3/6/2015, Register 213, April 2015Authority:AS 14.03.320
AS 14.17.505
AS 14.17.920