School Finance Update 2002 May

Cover School Finance Update 2002 May
School Finance Update 2002 May
Montana.Office of Public Instruction.School Budgeting And Accounting Division
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School Finance Calendar (Electronic) Please check the School Finance Calendar posted on the OPI website at www.opi.state.mt.us . Click on the tab called "Calendars" and then click the "School Finance Calendar." We'll be glad to help you find it!
OPI Contact: Nica Carte at (406) 444-4401 or [email protected] .
Plan to Use Flex Fund for Testing Costs When budgeting for the Flex Fund (29), remember to budget the costs of standardized testing.
Trustees may (but are not required to) pay costs of "s
...tudent assessment and evaluation" using the Flex Fund (MCA 20-9-543(1 )(a)).
Budgeting for Transportation Fund for FY 2002-03 The transportation budget does not distinguish between "special ed on-schedule" and "regular ed on-schedule." That means: 1) On the transportation budget form, enter all on- schedule under line 0005 "On-Schedule" and enter all the contingency using line 0006 "Contingency." 2) OPI will pay claims up to the total on-schedule budget, including contingency.
3) If you already code some bus route expenditures as special ed expenditures (using program 280), don't change without investigating potential impacts on your maintenance of fiscal effort (MOE) for the IDEA grant that your district or cooperative receives!!


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