SMART Finance News You Can Use

SMART Finance Related News

04 February 2022

Revenue Budgeting Review


With the enrollment fluctuations and unexpected Covid revenue, now might be a good time to review both revenue and expenditure budgets for FY22.  On the revenue side, note the following:

  • Compare your current enrollment with the enrollment used to prepare the original budget. If there are material differences, use MDE’s revenue projection model to review/change the revenue budget. 
  • Review/update the Covid grant accounts with latest revenue estimates. (Make sure you have expenditure accounts where the finance and course numbers match the revenue accounts)
  • Add the new Special Ed Cross Subsidy aid to the regular Spec Ed Aid revenue account.
  • There is an updated FY22 Revenue Projection on MDE’s web site.  Data Reports and Analytics (mn.gov)
     


 

Related

Not any article
SMART Systems is owned, developed and supported by Regions I, II, III, IV and V, serving Minnesota school districts and other education related service agencies for more than 35 years