Population
The population in Hillsborough County during 2004 was 1,147,120, an increase of over 31,000 from 2003. This increase is expected to continue at a rate of 30,000 or more during the next 20 years. In 2004 there were a total of 199 public school facilities and 13,959 teachers. The 4th through 8th grade group consisted of 52,283 students, which is the largest group of the over 187,000 students. Governmental Structure
The Hillsborough County School system 's financial operations are managed by the school 's "Business Division". This division oversees the operations of seven different financial related functions.
Accounting 's primary function is to monitor and update the financial ledgers. They manage internal inter-company transactions such as interdepartmental billings. Finally, at fiscal year end they publish the Comprehensive Annual Financial Report (CAFR) based on data collected.
Accounts Payable updates the Payables Ledger that feeds into general ledger maintained by the Accounting department. They process invoices and issue checks to vendors for payment.
The Budget department tracks funds
References: Division of Business. (2006). Comprehensive Annual Financial Report. Tampa, Florida: School District of Hillsborough County. Granof, M.H., Wardlow, P.S. (2003). Core Concepts of Government & NonProfit Organizations. New York: John Wiley & Sons, Inc.. Wilson, E.R., Kattelus, S.C. (2002). Accounting for Government & Nonprofit Entities. New York: McGraw Hill.