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5/8/20
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MASBOGuidance for Transfers of Funds
Deb Meier| Education Specialist 2
Molly Koppes| Education Specialist 2May 2020
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Ten Minnesota
Commitments to Equity
1. Prioritize equity.2. Start from within.3. Measure what matters.4. Go local.5. Follow the money.6. Start early.7. Monitor implementation of standards.8. Value people.9. Improve conditions for learning.10.Give students options.
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Executive Order 20-19
Commissioner Guidance for the Transfer of Funds for Emergency Executive Order 20-19, Items 21-22
https://www.leg.state.mn.us/lrl/execorders/eoresults?gov=44
“21. Upon approval by the Executive Council, school districts and schools are authorized to transfer operating funds from certain programs that are not already assigned to or encumbered by staff salary and benefits, or otherwise encumbered by federal law…”
“22. Upon approval by the Executive Council, districts and schools may use fiscal year 2020 (“FY 2020”) revenues from programs that are not already assigned to staff salary and benefits for the following purposes…”
5/8/20 3Leading for educational excellence and equity, every day for every one. | education.mn.gov
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Executive Order 20-41
Commissioner Guidance for the Transfer of Funds for Emergency Executive Order 20-41, Paragraph 16(f).
https://mn.gov/governor/news/executiveorders.jsp
…“Upon approval by the Executive Council, school districts and charter schools are authorized to transfer operating funds from certain programs that are not already assigned to or encumbered by staff salary and benefits, or otherwise encumbered by federal law, for the following purposes:
• To provide care to Eligible Children during the school day.
• To pay additional transportation costs incurred between March 30, 2020 and the end of the 2019-2020 school year, as defined in paragraphs two and three, needed to implement this Executive Order in providing distance learning instruction and meal delivery.
• To pay for additional costs related to technology needed to provide distance learning instruction.
• To pay the portion of staff salary and benefits of employees paid through the community service fund normally funded by fees that were refunded, waived, or otherwise not paid during the closure, distance learning, and extended distance learning periods.
• To pay the portion of food service fund staff salary and benefits normally funded by meal reimbursement revenue during the closure, distance learning, and extended distance learning periods.”…
5/8/20 4Leading for educational excellence and equity, every day for every one. | education.mn.gov
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Executive Orders 20-19 and 20-41
A fund transfer is allowed if the transfer meets the following criteria from Executive Orders 20-19 paragraph 21(c) and 20-41 paragraph 16:
• The transfer does not increase state aid obligations to the district or result in additional property tax authority for the district or charter school.
• A transfer is limited to the operating funds of a district or charter school.
• A school board must approve a fund transfer by the fiscal year reporting deadline.
• A district or charter school must maintain accounting records for the purpose of these Executive Orders that provide sufficient documentation both for the specific funds transferred and use of those funds. Such accounting records are subject to auditor review.
• Any execution of this flexibility must not interfere with or jeopardize funding per federal requirements.
• Any transfer must not interfere with the equitable delivery of distance learning or social distancing models.
5/8/20 5Leading for educational excellence and equity, every day for every one. | education.mn.gov
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Executive Orders 20-19 and 20-41
The allocation of revenue is allowed if the transfer meets the following criteria from Executive Order 20-19, paragraph 22 and Executive Order 20-41, paragraph 17.
• The expanded revenue use in a program is allowed if it does not increase state aid obligations to the district and schools or result in additional property tax authority.
• A school board must approve the use of FY 2020 revenue from operating funds of a district or charter school by the fiscal year reporting deadline.
• A district or charter school must maintain accounting records for the purpose of these Executive Orders which may be reviewed by auditors and that are sufficient to document the specific use of those funds.
5/8/20 6Leading for educational excellence and equity, every day for every one. | education.mn.gov
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Executive Orders 20-19 and 20-41
Request for Fund Transfer
A request may be made by submitting a required Request for Fund Transfer form with a copy of the documentation noted below:
1. Documenting adoption of a board resolution stating that the fund transfer requested meets Executive Order 20-19 paragraph 21(c) or Executive Order 20-41 paragraph 16; and
2. Official school board minutes documenting board approval of the funds transfer.
MSBA has a board document for fund transfer on their website.
5/8/20 7Leading for educational excellence and equity, every day for every one. | education.mn.gov
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Executive Orders 20-19 and 20-41
Request for Fund Transfer documents can be found at:
MDE>Districts, Schools and Educators>School Finance>Financial Management
https://education.mn.gov/MDE/dse/schfin/fin/
• Guidance for Transfer of Funds
• Request for Transfer of Funds (Form)
Questions related to COVID-19 should be emailed to:
[email protected]/8/20 8Leading for educational excellence and equity, every day for every one. | education.mn.gov
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MDE Financial Management Contacts
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For UFARS Accounting, Manual and Chapter 10 Grid questions, contact the UFARS Helpdesk ([email protected]).
Contact the MDE IT-Helpdesk for technical questions or problems with the MDE website ([email protected]).
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UFARS Overview Summary
Questions?
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MDE Financial Management Contacts
Jenny Charles Deb MeierCharter School Lease Aid, Federal Reporting & UFARS Accounting, Manual & Training,Financial Mgmt Training, MOE, Financial Data RequestsEducation Finance Specialist Education Finance SpecialistDivision of School Finance Division of School [email protected] or 651-582-8257 [email protected] or 651-582-8656
Pam Sanders Molly KoppesConsolidated Financial and Profile Reports, Financial Mgmt Training, CreditCPA Financial Audits, MDE Single Audit, Enhancement, Statutory OperatingIndirect Cost Reporting Debt (SOD)Education Finance Specialist Education Finance SpecialistDivision of School Finance Division of School [email protected] or 651-582-8489 [email protected] or 651-582-8249
Mary WeigelFinancial Management/Reporting SupervisorDivision of School [email protected] or 651-582-8770
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Thank you!Deb Meier and Molly Koppes
[email protected] or [email protected]
651-582-8656 or 651-582-8249
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