The purpose of this rule development is to propose changes to “Financial and Program Cost Accounting and Reporting for Florida Schools.” Changes in law, accounting principles and district practices require periodic revision of this publication, which includes the chart of accounts. Changes in the publication and the chart of accounts include: (1) account modification and addition of elements of financial statements for presentation in accordance with the Governmental Accounting Standards Board (GASB) principles; (2) addition of revenue accounts, including new accounts for major entitlement programs; (3) modification of revenue account titles and definitions to clarify reporting purposes; (4) reclassification of an account to revenue from other financing sources; (5) removal of obsolete revenue accounts; and (6) modification of expenditure functions to clarify reporting purposes.