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Evidence-Based Funding: How Districts How the Pieces Fit
from Spring 2023 UPDATE
Business departments within school districts are facing an increasing array of responsibilities, from handling financial transactions and budget planning to overseeing procurement and compliance with various regulations. With the rise of reporting requirements and accountability measures, this department is tasked with an ever-growing workload. Having a good understanding of how the pieces fit can ensure the financial health of your school district.
By Tera Wagner
The Evidence-Based Funding (EBF) Spending Plan will appear in the annual budget form (SD 50-36) beginning in FY24. This article provides key details to help you prepare for the revised spending plan.
By Luke Corry
If you are not familiar with what a Single Audit entails, chances are your school district has not historically expended a significant amount of federal awards that are subject to Uniform Guidance. This article will discuss when a Single Audit is required for your school district and how to prepare for it.
By Stephanie Jacobs
Off Balance Sheet Liabilities
There are items that districts now report in their financial statements that previously may have been “off-balance-sheet.” This article will focus on those items that could impact a district’s operations that maybe are not reported on the financial statements.
By Matthew Geerdes
Are you thinking about going out for Request for Proposal (RFP) for an auditing firm? Gain insight on steps to take when selecting an auditing firm.
By Melissa Morgese