Green Team
A sustainability working group within NPS that seeks to promote and increase sustainable practices throughout the district. See www.newton.k12.ma.us/departments- programs/business-finance-planning/sustainability for more information
Homeless Student Transportation
See McKinney Vento Transportation
Indirect Cost
Costs of a service not reflected in the operating budget of the entity providing the service. The matter of indirect costs arises most often in the context of enterprise funds. An example of an indirect cost of providing water service would be the value of time spent by non- water-department employees who process water bills. A determination of these costs is necessary to analyze the total cost of service delivery. Federal law that makes available a free appropriate public education to eligible children with disabilities throughout the nation and ensures special education and related services to those children. The federal government provides formula grants (passed through state Departments of Education to school districts) for meeting the excess costs of providing special education and related services to children with disabilities.
Individuals with Disabilities in Education Act (IDEA)
Level Funded
Provided with the same budget amount as was given the previous year
Interest Rate
The interest payable, expressed as a percentage of the principal available, for use during a specified period of time. It is always expressed in annual terms. A budget that stratifies spending into categories of greater detail, such as supplies, equipment, maintenance, or salaries, as opposed to a program budget.
Line-item Budget
Line-item Transfer
The reallocation of a budget appropriation between two line items within an expenditure category (e.g., salaries, expenses). Employed as a management tool, line-item transfer authority allows department heads to move money where a need arises for a similar purpose
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