SMART Finance News You Can Use

When the FY24 Revenue Projection Model becomes available, go to MDE’s website using this link to download a copy: https://public.education.mn.gov/MDEAnalytics/DataTopic.jsp?TOPICID=247.

If you would like assistance working on next year’s revenue budget, send Stacy, Melissa, or Anthony your FY24 pupil estimates.  We will use those pupil estimates to create a revenue budget using the Budget Workpapers in SMART Finance. If you begin working on the FY24 Budget note the following:

• On the Report tab, enter FY23-24 ADM estimates.
• On the User Inputs tab, enter FY23 IDEAS data on rows 41-60 until FY24 data is available.
• On the GenEd tab, make sure cell F8 is set to ‘From Report Tab’.
• The special ed revenue estimate is from FY23.

We recommend copying the FY23 revenue budget to FY24 as a starting point.  Zero the one time FY23 Pandemic revenue accounts and add any new FY24 Pandemic Covid funding accounts needed.