CCCCO Competency Tracking Training Practice Test

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CCFS-320 is
Correct Answer:
The primary financial report submitted by districts to the Chancellor's Office to document FTES and calculate state apportionment.
Explanation:
CCFS-320 is the district’s main financial report submitted to the Chancellor’s Office to document FTES and determine state apportionment. It collects key financial data, including how many full-time equivalent students are being served, and uses that information to calculate how much state funding the district receives. In short, this report is the official vehicle the state uses to allocate apportionment dollars based on student workload and related finances. It isn’t a supplementary reconciliation document, nor a measure of faculty performance, nor a tool for capital project funding.

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