November 22, 2006 Mailing to District Administrators, CESA Administrators, CCDEB Administrators, Charter School Administrators

DATE: November 22, 2006

TO: School District Administrators
CESA Administrators
CCDEB Administrators
Charter School Administrators

FROM: David Carlson, Director
School Financial Services Team

SUBJECT:
Live Special Education Webcast Presentation On Tuesday, November 28 At 10:00 A.M.
2005-2006 Audited Financial Statements Are Due December 1
Estimating Formula Factors For Projection Purposes
Required Reports Now Open For District Data Entry
Optional Reports Now Open For District Data Submission
Important Dates

Live Special Education Webcast Presentation On Tuesday, November 28 At 10:00 A.M.

This is the second of three presentations designed to help district personnel with coding of Special Education accounts. Session 2 will assist school districts with the proper accounting for various special education delivery models including district-operated programs, tuition agreements, 66.03 agreements, and CESA package programs. This session will identify the relationship between funding source, account coding and categorical aid eligibility as well as provide sample transactions and other coding resources.

Resource Links:
Presentation is located at http://media2.wi.gov/dpi/viewer/?cid=2352cf23-e130-4a9c-b83f-8f8e90b15f41
Or click on “Webcast Presentations” on the team’s home webpage

2005-2006 Audited Financial Statements Are Due December 1

District auditors are required to file this report. At district auditor request, the due date was pushed back to December 1 from November 1. No extensions will be granted. As per a prior listserve, a letter will be sent to the district administrator and the district clerk should this report not be filed by the due date.

Estimating Formula Factors For Projection Purposes

The School Financial Services Team receives many inquiries regarding revenue limit and aid factors for future budget years. Much of this information will not be available for some months; however, the team has posted to its website aid and revenue limit factors from the prior and current years that districts may want to use for estimation purposes. Should you have questions, please contact one of the team’s finance consultants.

Resource Links:
The information is located at http://dpi.wi.gov/sfs/break.html
Or click on “Webcast Presentations” on the team’s home webpage

Required Reports Now Open For District Data Entry

PI 1505 SE (Special Education) Budget due December 8; Audited Financial Statements from district auditors due December 1; PI 1504 Budget Report due December 8.

Optional Reports Now Open For District Data Submission

2006-2007 PI 1547 Transportation Report (2006 summer school transportation); PI 1570 High Cost Special Education Aid Claim Report – due December 1.

2006-2007 Important Dates

Date	Event
November 20	First Special Education Aid Payment (15% of amount due)
December 4	Second equalization aid payment (40% of 2006-2007 certifed amount minus September payment)
December 18	Second special education aid payment (15% estimated eligibility)

The School Financial Services Team website is located at http://dpi.wi.gov/sfs/index.html.

For any additional questions, contact one of the following School Financial Services Team staff.

Brad Adams	bradley.adams@dpi.wi.gov	(608) 267-3752
Lori Ames	lori.ames@dpi.wi.gov	(608) 266-3464
Karen Kucharz	karen.kucharz@dpi.wi.gov	(608) 267-9707

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For questions about this information, contact dpifin@dpi.wi.gov (608) 267-9114

Last updated on 2/25/2008 12:04:06 PM