Target Audiences: School Districts
Category: Accounting & Auditing
This course will cover an overview of HB110 and the new state funding, the changes that will affect district state aid and the importance of capturing costs back into the General Fund that have been charged to Student Wellness and Success Fund 467 and ESSER Funds. The course will provide essential information about the new state funding that will be used for forecasting of revenue and expenditures, along with projecting returning costs to the five-year forecast.
Understanding the changes that occurred in the state funding formula is very important for every school business official. Understanding the need to capture accurate returning general fund costs and the fiscal year they are returning is crucial to an accurate five-year forecast.