Iowa Admin. Code r. 289-6.1
For the purposes of this chapter, the following definitions shall be used.
"Area education agency" or "AEA " means a regional service agency organized under Iowa Code chapter 273 that provides school improvement services for students, families, teachers, administrators, and the community.
"Authorized budget" means the total dollars available as the expenditure limit for a school district for a specific fiscal year. This total is the combined district cost plus miscellaneous income actually received during the fiscal year, plus the unspent balance of the previous year.
"Base year " means the school year ending during the calendar year in which a budget is certified.
"Basis of accounting" means the accrual or modified accrual accounting basis under generally accepted accounting principles (GAAP) as defined by the Governmental Accounting Standards Board (GASB).
"Basis of budgeting " means the accrual or modified accrual budgeting basis under GAAP as defined by GASB.
"Budget year" means the school year beginning during the calendar year in which a budget is certified.
"Certified budget" means the document which has been published and certified as provided for in Iowa Code chapter 24 and contains the amount proposed to be expended during the budget year.
"Class action " means a situation that applies to multiple districts with the same or substantially similar needs and the SBRC has determined that the districts can be considered jointly in a single hearing.
"Committee" means the school budget review committee (SBRC).
"Community college " means a publicly supported school organized under Iowa Code chapter 260C.
"Expenditures " means the total amounts paid from the general fund of a school corporation.
"Miscellaneous income " means the receipts deposited to the general fund of the school district but not including any of the following:
1. Foundation aid.
2. Revenue obtained from the foundation property tax as defined in Iowa Code section 257.3(1).
3. Cash reserve levy.
4. Revenue obtained from the additional property tax under Iowa Code section 257.4."Modified supplemental amount" means an amount expressed in dollars which is added to the district's authorized budget.
"School corporation " means a school district, area education agency, or community college.
"School district" means a school corporation organized under Iowa Code chapter 274.
"Unexpended fund balance " means the school district's or AEA's fund balance in the general fund reported by the school district or AEA on the GAAP basis of accounting on its certified annual report.
"Unspent balance " means the amount of the authorized budget for the general fund less the amount expended during the budget year on the GAAP basis of budgeting as reported by the school district on its certified annual report.
Iowa Admin. Code r. 289-6.1