School Finance Newsletter

School Finance Newsletter

School Finance (Treasurers) Newsletter

Ohio Department of Education Newsletter

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9/29/2015

T-1 Report Due by Nov. 1

The T-1 report deadline is Nov. 1.  The FY-16 report will be opened on October 1.  Districts will need to ensure their bus inventory is current and accurate prior to submitting data in the T-1. 

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9/29/2015

Submit Five-Year Forecast

The five-year forecast submission is open until October 31, 2015.  Please email assumptions to Shonta.Cade@education.ohio.gov.

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9/29/2015

FY15 Auxiliary Services Funds (Fund 401) Form revised

The form and procedure for submitting your district’s final expenditure report for FY15 Auxiliary Services funds (Fund 401) have been revised.

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9/29/2015

School Security Grant Program Application Deadline Approaching

The last date to apply for Ohio School Facilities Commission’s (OSFC) Security Entrance and Emergency Communication System grants is Friday, Oct. 16, 2015. 

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9/1/2015

Project Cash Request (PCR) update

The state’s accounting system will be upgraded beginning Sept. 2, 2015 and will stop processing payments at the end of August. To allow all payments to process before the shutdown, the department should have received August/September project cash requests by Aug. 26.

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9/1/2015

Ensure your contractors are not ineligible in SAM

There has been an increase in the number of citations issued in 2015 by the Ohio Auditor of State for Suspension and Debarment (S&D).

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9/1/2015

Be familiar with Uniform Guidance 2 C.F.R

Treasurers, are you prepared for the Office of Management and Budget’s (OMB) new “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,” also known as the Uniform Guidance 2 C.F.R?  Guidance to come from the department in September.

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