UFARS/Finance

Uniform Financial Accounting and Reporting Standards (UFARS) coding is required of Minnesota school districts.

Region V Computer Services staff members provide guidance on the proper use of this coding to ensure expenditure, revenue and balance sheet data is accurate and appropriate. We can assist districts to report the data to the Minnesota Department of Education (MDE) as required.

Our staff is able to assist your district with other finance questions, budgeting and general accounting treatments for correct activity recording. Multiple tools, such as documents and/or spreadsheets, are available to support your business office staff.

Services Provided

Regular Service:

• Unlimited telephone and email support
• Fiscal Year-End session and resource packet
• Periodic reporting bulletins
• Review of UFARS codes and year-end data
• Other training sessions as needed
• Session for districts’ auditors
• Business Manager and UFARS training for new staff
• Revenue projections and review of Revenue Budget
• Annual Spring Conference at “member rate”
• Access to secured spreadsheets and templates

Extended Service:

• Monthly bank reconciliation
• Additional days of training for staff
• Emergency personnel backup