School Finance Newsletter

School Finance Newsletter

School Finance (Treasurers) Newsletter

Ohio Department of Education Newsletter

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9/1/2015

Final Expenditure Report for Auxiliary Services Funds submission modified

The form and procedure for submitting your district’s final expenditure report (FER) for FY15 Auxiliary Services funds (Fund 401) has been revised from what was used previously.

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9/1/2015

Aug. 26 reimbursements reflect changes in law

Am. Sub. H. B. 64 has introduced major changes in the calculation of the reimbursements for the phase out of tangible personal properties (TPP) and the deregulation of public utility tangible properties (deregulation).

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9/1/2015

Foundation formula adjusting to new law

The FY 2016 foundation formula will be calculated per the provisions of Am. Sub. H. B. 64 in October 2015.

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5/26/2015

Grants

  • Comprehensive Guidance on Updates to Title II, Part A
  • New ODE website page for Federal Grants

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5/26/2015

Due Dates and Reminders

  • State fiscal year-end closing procedures announced
  • OSFC School Security Grant Application and Reimbursement Deadlines Announced
  • Catastrophic Cost applications due
  • Make updates to board-approved five-year forecasts by May 31

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3/27/2015

Due Dates and Reminders

  • Office of Pupil Transportation Reviewing T-1 Reports
  • Please submit FY14 Excess Cost applications by 3/31
  • ESC FY 2016 contracts documentation due May 29

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3/27/2015

Payments

  • FY15 Foundation Payment Update

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