DMSELPA Policies and Procedures

Policy – Category 3000 (Business and Noninstructional Operations)

BP 3002 – Fiscal Allocation Plan

Regional Program revenue projections are based on one of two methodologies, with revenue being distributed to Regional Program operators from the SELPA-wide AB 602 K- 12 revenue PRIOR TO any per ADA distribution to LEAs (i.e., “off the top”) (NOTE: Regional Programs are funded from Fee for Service revenue for specialized programs based on fees established to fund these programs at 100% of the cost of operation): 1. Existing Regional Programs approved for the next fiscal year, prior year actuals adjusted by current year COLA and any program design changes (expansion, reduction, etc.);

2. New Regional Programs will be initially funded based on cost projections, then adjusted to actuals as the year progresses.

All revenue and expenditures for Regional Programs MUST be tracked in a program (management code) separate from any other special education programs.

Regional Program operators must provide Revenue and Expenditure Reports for each program operated to the DMSELPA Finance Committee, Steering Committee, and Board of Directors identifying the following:

• Prior Year Actuals, including ending balance and FTE;

• Current Year Budget, including beginning balance and FTE;

• Current Year Expenditures, including FTE;

Current Year Ending Balance

The Revenue and Expenditure Report schedule is as follows:

• 1st INTERIM, no later than DECEMBER 15 - current year from July 1 – October 31, including revised annual projections

• 2nd INTERIM, no later than MARCH 15 – current year from July 1 – January 31, including revised annual projections

• No later than MARCH 15 – budget for following fiscal year

• FINAL, no later than SEPTEMBER 15 – prior year actual from July 1- June 30

Regional Program operators MUST report deficits or surpluses to the Finance Committee, Steering Committee, and Board of Directors as soon as evident. This report shall include justification for the deficit or surplus. Any modifications to the approved

BP 3002 – Fiscal Allocation Plan

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Desert Mountain Special Education Local Plan Area (DMSELPA) (rev. 02/14)

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