Text Box: Balancing Sheet This worksheet checks various cells to assure that selected items are in balance. Out-of-balance conditions are accompanied by an error message. Errors should be corrected before the budget is finalized.
  Budget Item References Message
1. Cover Page - CASH or ACCRUAL  
  Check Cash or Accrual accounting basis on the cover sheet  
2. Budget Summary: Other Sources (Acct 7000), Page 3, must equals Other Uses (Acct. 8000), Page 3.
  Permanent Transfer (Acct 7130), Page 2, Line 21, Funds (10 - 90) must equal Permanent Transfer (Acct. 8130) Page 3, Line 36, Funds (10-90).  
  Permanent Transfer of Interest (Acct. 7140) Page 2, Line 22, Funds (10 - 90) must equal Permanent Transfer of Interest (Acct. 8140) Page 3, Line 37, Funds (10 - 90).  
  Other Sources (Acct 7900) Page 3, Line 32, Funds (10 - 90) must equal Other Uses (Acct. 8190) Page 3, Line 42, Funds (10 - 90).  
3. Summary of Cash Transactions: Estimated Balance on Hand July 1, 2007 (Acct. 101-5/180) Page 4, Line 1, Funds (10-90) Cannot be Negative
  Education Fund (10)  
  Operations & Maintenance Fund (20)  
  Bond & Interest Fund (30)  
  Transportation Fund (40)  
  Municiple Retirement/Social Security Fund (50)  
  Site & Construction/Capital Improvement Fund (60)  
  Working Cash Fund (70)  
  Rent Fund (80)  
  Fire Prevention & Safety Fund (90)  
4. Summary of Cash Transactions: Estimated Balance on Hand June 30, 2008 (Acct. 101-5/180) Page 4, Line 25, Funds (10-90) Cannot Be Negative
  Educational Fund (10)  
  Operations & Maintenance Fund Balance (20)  
  Bond & Interest Fund (30)  
  Transportation Fund (40)  
  Municiple Retirement/Social Security Fund (50)  
  Site & Construction/Capital Improvement Fund (60)  
  Working Cash Fund (70)  
  Rent Fund (80)  
  Fire Prevention & Safety Fund (90)  
5. Summary of Cash Transactions: Other Receipts, Page 4 must equal Other Disbursements, Page 4  
  Loans from Other Funds (Acct 430), Page 4, Line 3, Funds (10-90) must equal Loans to Other Funds (Acct 150), Page 4, Line 15, Funds (10-90)  
  Loan Repayments from Other Funds (Acct 150), Page 4, Line 23, All Funds (10 - 90) must equal Loan Repayments to Other Funds Acct. 430, Page 4, Line 35, All Funds (10 - 90)  
End of Balancing