1. GASB 54: Fund Equity Accounts
For the past three years School Finance has been actively communicating with Districts on the need to accurately report fund equity accounts per GASB Statement 54. – and be in sync with your audit/
Bolded Fund Equity Accounts are shown in detail in the Chart of Accounts
Accuracy of reporting the correct Fund Equity accounts is a FY12-13 Pipeline data review item. If GASB54 misreporting in Pipeline data is the only review issue identified you can address/correct in FY If there are multiple review items identified which require submission of revised data, you will be asked to correct the fund equity accounts. 1

2. GASB 54: Balance Sheet Codes 6000-6999
Below are the approved Fund Equity Accounts. If you and/or your auditor believe you have miscoded data, please contact Adam Williams, Yolanda Lucero or Kirk Weber to discuss.
FUND EQUITY
Non-spendable Fund Balance
6720 Restricted Fund Balance
6721 Tabor 3% Emergency Reserve
6722 TABOR Multi Year Obligations
6723 District Emergency Reserve (Letter of Credit or Real Estate)
6724 Colorado Preschool Program (CPP) Reserve 2

3. GASB 54: Balance Sheet Codes 6000-6999
6725 Full Day Kindergarten Reserve
6726 Risk-Related / Restricted Capital Reserve
6727 BEST Capital Renewal Reserve
6750 Committed Fund Balance
6760 Assigned Fund Balance
Unassigned Fund Balance
6790 Invested in Capital Assets, Net of Related Debt: used only with Proprietary Funds
6791 Restricted Net Assets: used only with Proprietary Funds
6792 Unrestricted Net Assets: used only with Proprietary Funds
6880 Prior-Period Adjustment 3

4. GASB 54: Balance Sheet Codes 6000-6999
Unassigned Fund Balance
6792 Unrestricted Net Assets: used only with Proprietary Funds 4