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CEDStandards / CEDS-Elements

The Common Education Data Standards (CEDS) are an education data management initiative whose purpose is to streamline the understanding of data within and across P-20W institutions and sectors. CEDS includes a common vocabulary complete with standard elements names, definitions, and option sets. This repository contains all the CEDS elements, definitions, option sets and their definitions, and entities and definitions. Its purpose is to expand that vocabulary to meet the needs of every education stakeholder. The expanded vocabulary is then added to the CEDS Integration Data Store and CEDS Data Warehouse – the other two repositories located here.
http://ceds.ed.gov
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Add Revenue Object Code to Finance elements #713

Closed DPDonovan closed 5 months ago

DPDonovan commented 1 year ago

This is for capturing needs not currently supported by the CEDS model. Please do not send or share actual data as examples in this issue or in attachments.

Author(s) Deborah Donovan Authoring Organization(s) Mississippi Department of Education Email address ddonovan@mdek12.org Use Case Title Add Revenue Object Code to Finance elements

Use Case Description Proposing to add Revenue Object Code and Local Revenue Object Code as an element within the Finance domain of LEA.

Use Case Background To support reporting as defined in GASB 34, we need the following 4 revenue reporting types: Charges for services Program-specific operating grants and contributions Program-specific capital grants and contributions General Revenues

Local Revenue Object Codes will correspond to these 4 types and for MS are reported as 3-digit codes defined by the LEA.

Location of Element in the Domain Entity Schema K12 > LEA > Finance

AEMDuaneBrown commented 11 months ago

Proposed Solution for Issue 713

Add Revenue Object Code to Finance Elements Issue_713.docx

The attached document is the proposed solution for this use case. As a community, please review. If no objections exist for the proposed solution, it will be approved as part of the CEDS standard 60 days following the announcement of this proposal as outlined in the OSC Use Case Rubrics/Process (The OSC Use Case Rubrics/Process can be found here: https://github.com/CEDStandards/CEDS-Elements/tree/master/doc).