Union Springs Central School District follows the uniform system of accounts for school districts as prescribed by the Office of the Comptroller.

The district uses funds and account groups to report on its financial position and the results of its operations. Fund accounting is designed to demonstrate legal compliance and aid financial management by segregating transactions related to certain functions or activities.

Union Springs has the following funds:

• General Fund
• School Lunch Fund
• Special Revenue Funds
• Capital Project Fund
• Debt Service Fund
• Trust and Agency Fund
  
  

Account Number System

Union Springs Central School District follows the uniform system of accounts. Account numbers are determined by the State Comptroller's Office.
Every account has to number be 14 digits long.

The first digit is a letter representing the Fund.

A - General Fund
C - School Lunch Fund
F - Special Revenue Funds
H - Capital Projects
T - Trust and Agency

The next four are for the function. Function is the general category the expenditure is for such as instruction, transportation, or administration.

The next three are the object. Object describes the type of expenditure, such as salary, supplies, or equipment.

The next two are the location.

The last four are for local use and often repeat the function.