Budget
Before this date each year, each local school board shall submit to the PED an operating budget for the school district or charter for the ensuing year
April 15
When are quarterly Actuals due?
Due the last working day of the month following the end of the reporting period.
All Capital Projects funds start with what?
3xxxx
This public official's office releases the annual unit value that drives the SEG formula
Secretary of Education
Who was the winner of the 2025 SBB Salsa Contest?
Kat "Salsa Queen" Mangin
This type of entity requires their Governance Council approval and Board Council approval of the budget
Local Charter
Although not required to be budgeted this way, at what level must Actual expenditures be submitted?
School-site/Location
Since the UCOA has not been fully updated, SBB staff have to check what expenditure object to ensure it is not coded to the wrong function
53330- Professional Development
This piece of SEG is based on a comparison of prior year 40D MEM versus current year 40D MEM to see if it results in greater than 1% increase
Growth
A charter turns in their budget 4 weeks late and wants you to reopen their funds after the budget has been Deputy Secretary reviewed. This is the correct response
Anything that says no politely
Before this date each year, each local school board shall have a public, published hearing that fixes the subsequent years budget.
June 20
This Operational revenue is almost always ONLY received in the final quarter of the year.
Forest Reserve
This is the only UCOA component with 6 digits.
Location
On the 910B-5, what component will never have a value for the preliminary, signed 910B-5 during Op-Bud?
Save Harmless
By far, this is the most common type of expense in a school's budget
Salaries and Benefits
What is the amount of governing council members required to approve a budget?
Besides Substitutes and Board Members Job Codes, which additional Job Code NEVER requires a FTE?
1613- Separation Pay
Under what function would you expect to be the only place to find lines for job code 1316-Audiologist
2100 Support Services- Students
What is the only thing that NM still takes credit for and reduces your SEG by a portion of the projected revenue?
Energy Efficiency Renewable Bonds
Hardship Exception
In the first year of a new charter, what two units are based on those of the district in which the charter school is geographically located?
At-Risk and TCI (SCM also acceptable)
Under which line would I enter an amount if I had to restore cash(debit) and reverse the original expenditure/liability(credit). Sometimes entities just credit fund balance for this as well.
Line 3- Prior Year Warrants Voided
Name the program code that was created and the one that was deleted to comply with CFR Title 34 (Child with a disability) and to follow the NCES Handbook starting in FY25 to address a specific SPED group.
Deleted- 4025 At-Risk Special Programs
What is the final unit value for FY26?
Unknown, will be set by Jan 31
In the accreditation matrix, how many items is School Budget responsible for and what are they?
2; Operating Budget criteria and School Level Expenditures in Actuals