Kentucky Department of Education

The Chart of Account structure is made up of codes within segments.  The segments are fund, unit, function, program, instructional level, object, and project.  The codes identify the particular fund, unit, function, etc.  The structure is designed for use in computerized accounting systems and spreadsheets.  The inherent flexibility for reporting and budgeting is the most attractive feature.  Data may be selected for reporting and analysis by any segment or set of segments.  Selection of one fund or one function across all funds is possible. 

A major revision of KDE's COA happened June 30, 2010. On June 30, 2011 all districts will revise their Balanace Sheet Object codes to comply with GASB 54. KDE has provided documents to help with the transition to GASB 54 in the form of two documents: GASB 54 MUNIS Guidance and GASB 54 Best Practices. 

GASB 54 Reference
Guidance to COA Migration (Update 3/5/10)
Chart of Account References (Update 4/20/12)
Current Org Codes & Quick Reference Guide
Title 1 Project Numbers (Update 4/15/11)
Project/Grant Number Request Form and CFDA verification for federal projects (Update 4/20/12) KDE Detail Standards for MUNIS
Chart of Account KASBO presentations
Helpful Links: NCES COA 2009 MUNIS webcast for COA Catalog Federal Domestic Assistance Website