Source: https://mainedoenews.net/2011/03/10/fy-2011-2012-budget-reporting/?shared=email&msg=fail
Timestamp: 2019-06-24 09:20:24
Document Index: 144681020

Matched Legal Cases: ['§15690', '§15694', '§1302', '§1309', '§1701', '§1701', '§1482', '§1488', '§1461', '§15689']

FY 2011-2012 Budget Reporting – Due August 25, 2011 – Maine DOE Newsroom
FY 2011-2012 Budget Reporting – Due August 25, 2011
ADMINISTRATIVE LETTER: 32
FROM: Stephen L. Bowen, Commissioner of Education
RE: FY 2011-2012 Budget Reporting – Due August 25, 2011
The MEDMS Financial System is ready to accept your FY 2011-2012 budget data. In addition to the MEDMS files, school administrative districts, community school districts and regional school units also need to submit a spreadsheet supplement to the MEDMS Financial System, to provide detail of the budget’s local share as assessed to each member town.
The spreadsheet is available at:
http://www.maine.gov/education/forms/misteam/efm46/46menu.htm
Municipal school units and alternative organizational structures only need to submit the required MEDMS Financial files; the supplemental spreadsheet does not apply to these two types of governance structures.
The following additional documents are available at the link below, to assist you in your budget process:
Common Errors in Budget Articles – please review this document to avoid these errors, many of which can lead to an audit citing.
Suggested Articles to Appropriate Monies for School Budgets for the Fiscal Year.
Year-End Balances (explanation and sample calculation of the penalty for unallocated balances in excess of 3%).
Budget Category Template and Account Filters for Budget Categories.
School Appropriations Amounts by Month for Fiscal Year 2011-2012 (sample form for monthly assessment amounts).
Assessment of School Administrative District Tax (sample form for assessments for member municipalities).
Assessment of Community School District Tax (sample form for assessments for member municipalities).
Assessment of Regional School Unit Tax (sample form for assessments for member municipalities).
Statutory information pertaining to budgets may be accessed as follows:
http://www.mainelegislature.org/legis/statutes/
General budget statutes are located in 20-A M.R.S.A. §15690 through §15694. Budget statutes specific to school administrative districts may be found in 20-A M.R.S.A. §1302 through §1309. Budget statutes specific to community school districts may be found in 20-A M.R.S.A. §1701 through §1701-C. Budget statutes specific to regional school units may be found in 20-A M.R.S.A §1482 through §1488. Budget statutes specific to alternative organizational structures may be found in 20-A M.R.S.A §1461-B (3) C.
The timeline for submitting this budget data is within 30 days of the passage of your budget but no later than August 25, 2011. In accordance with 20-A M.R.S.A. §15689-B (7), the following items must be completed and submitted within this timeline:
1. Completion of the following FY 2011-2012 budget files in the MEDMS Financial System:
2. A copy of the vote declaration to show that the budget was passed. (If available in electronic format, these documents may be uploaded to the MEDMS Financial System as a supplementary document.)
3. A copy of the corresponding warrant or resolution. (If available in electronic format, these documents may be uploaded to the MEDMS Financial System as a supplementary document.)
4. For school administrative districts, community school districts and regional school units only, a completed “Summary of Approved Budget and Report of School Appropriations” spreadsheet for 2011-2012. (This spreadsheet may be uploaded to the MEDMS Financial System as a supplementary document.)
If you have questions or need clarification regarding the FY 2011-2012 budget filing requirements, please contact Joanne Allen at joanne.allen@maine.gov
Posted on March 10, 2011 May 6, 2011 by Maine Department of EducationPosted in Administrative Letters, Administrators, Funding, Operations
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