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Public School Accounting
This office coordinates the development of the Michigan School Accounting Manual which provides public schools with a consistent method for recording financial accounting transactions. The office is also responsible for processing financial data from public schools for use in various financial publications and state/federal reports.
Accounting Resources
Michigan School Accounting Manual
Federal Financial Accounting for Local and State School Systems
Competitive Bid Threshold Letter - This letter shows the base amount of competitive bids for construction and procurement of supplies. It also includes the base amount above which ISD travel expenses must be posted on their website and caps on ISD gift and award amounts. The Department publishes this letter in September, following the release of the August Consumer Price Index by the US Bureau of Labor.
Statewide Prohibition Against Iran-Linked Businesses
Accounting for State School Aid Revenues
ESSA School-Level Financial Reporting
MPSERS Section 147c Information & Guidance
Accounting Guidance for Public Act 75 3% MPSERS Refunds
Accounting Guidance for Section 147c(2) MPSERS One Time Deposit
NEW: Financial Accounting Guidance During the COVID-19 Pandemic
GASB Statement #96 Account Code Changes and Additions
Questions related to financial accounting and reporting may be directed to: