Revenues, Expenditures and Expenses (Schedule 01)

4 Reporting

4.8 SAO Annual Report Schedules

4.8.1 Revenues/Expenditures/Expenses (Schedule 01)

4.8.1.10 The purpose of this schedule is to report the local government’s financial activity for the reporting year including beginning balances, revenues, expenditures, and ending balances. These are reported using BARS codes to identify the specific type of activity. For GAAP governments it is also required to report a summary of balance sheet transactions for each reported fund which will be reported to the 800 series of BARS codes. This includes assets, liabilities and deferred outflows and inflows.

4.8.1.20 Local governments are required to update the materially incorrect financial data submitted on this schedule. The requirement applies to all errors found prior or during an audit.

4.8.1.25 Local governments completing the Schedule 01 must ensure the data submitted is accurate. Each reported fund is required to balance within $1,000. If one or more reported fund(s) do not balance within $1,000, it will result in a required error. The annual report cannot be submitted until all required errors are resolved.

For GAAP Proprietary Funds, local governments are required to report depreciation expenses using the appropriate depreciation BARS codes (501.XX).

For GAAP Proprietary funds, local governments are required to report memorandum accounts for debt and capital, which are listed in the table below. These accounts are not included in the filing system calculation for the $1,000 balancing requirement and are not included in the filing system calculation for total expenditures. The memorandum accounts are used for informational purposes only but are required for comparative statistics.

This schedule is submitted as part of the annual report via the filing system on the State Auditor’s website at: https://portal.sao.wa.gov/LGCS/. The filing system will only accept an Excel file formatted in the prescribed record layout (see paragraph 4.8.1.50, below). The Amount column must be formatted as a number (the system will round to the nearest whole number); all other columns must be formatted as text.

4.8.1.30 The Schedule 01 templates can be found on the BARS Reporting Templates page. Templates are updated each year with changes to BARS code so it’s important for local governments to use the newest version of the template from the SAO’s website. There is no Schedule 01 template for cities/towns and counties because they have access to majority of all BARS accounts. A complete listing of BARS accounts by government type/accounting basis can be run from the BARS Account Export page.

For additional information on reporting requirements, please see:

• BARS Manual 4.1.2, Reporting Requirements for GAAP Governments
• Also see, BARS Manual 4.1.7, GAAP Versus Cash Basis Reporting
• Also see, BARS Manual 4.1.1, GAAP Reporting Requirements

4.8.1.50 The Schedule 01 should be formatted as follows for upload (also see example below):

Note: Blank rows may cause upload errors (the system interprets this as the end of the reported data). If using a template, unused rows should be deleted entirely; alternately, the Amount field may be entered as zero ($0). Hiding rows and/or clearing cells will result in upload errors.

Row 1: Column headers; this row may be populated but will not be included in the data import (i.e., financial data in the first row of the Excel will be deleted upon import.

Column 1: MCAG Number; this column may be left blank but must be included for data import.

Column 2: Fund number; provide the three-digit fund number as prescribed in the BARS Manual 3.1.1, Fund Types and Accounting Principles. Make sure that the fund number correlates with the correct fund type. If using a template, the fund number is pre-filled out.

Column 3: Fund name; the fund name may be no less than 4 characters and is limited to a maximum of 40 characters. The fund name must be consistent for each reported fund number. Multiple fund names for a given fund number will result in a required error, and the annual report cannot be submitted until the error is resolved (e.g., if a line reports the fund number “001” with a fund name “General” and another line reports the fund number “001” with a fund name “Current Expense”, a required error will occur. This validation check is identified based on the text, so clerical errors like transposed letters will still generate an error.).

Column 4: BARS account; coding must be valid based on the government type and basis of accounting.

• All BARS accounts must be reported as seven digits.
• For a full list of available codes, download your chart of accounts from the BARS Account Export page.
• For special purpose districts, templates are available that include the BARS accounts for your government type and basis of accounting on the BARS Reporting Templates page.

Column 5: BARS account title; the Account Title can be found in the chart of accounts export, see the BARS Account Export page. If using a template, this is pre-filled out.

Column 6: Amounts; please note:

• Activity in BARS accounts should be reported as a positive value (for both revenues and expenditures). There are limited circumstances when a negative revenue or expenditure amount should be reported.
• Schedule 01 data is reported in whole dollars; the system will automatically round amounts including decimals to the nearest dollar upon upload.
• Do not include rows with totals, sub-totals, notes, etc. Rows should be limited to the above-prescribed data.

4.8.1.60 The Schedule should exclude the following:

• Clearing and suspense funds. For more information on this topic, see BARS Manual 3.6.11 Suspense Funds, paragraph 3.6.11.40.
• Managerial funds. Managerial funds should be consolidated for reporting; do not report managerial funds separately on the Schedule 01. For more information, see BARS Manual 3.1.1, Fund Types and Accounting Principles, paragraphs 3.1.1.40 and 3.1.1.50.

4.8.1.70 Cities/towns and counties are required to include all fiduciary funds on the Schedule 01 excluding the balance sheet accounts (800 series) from these funds. Counties should include data for all special purpose districts which would be reported in a custodial fund. Counties should not use functional BARS accounts for the special purpose districts. For more information on reporting fiduciary activity, see BARS Manual 4.3.7, Determining Fiduciary Activities to be Reported in Custodial Funds. Detailed guidance on fund coding can be found in BARS Manual 3.1.1, Fund Types and Accounting Principles.

For assistance, submit questions to the SAO HelpDesk through our Online Services.

If you need assistance resolving required or warning errors, please see available annual filing system resources on the BARS & Annual Filing FAQ page, specifically the Error Guide.