Special Education Listserv
Subject: FUNDS REMINDER: IDEA Part B Payment Only Made if You Request!
Source: Shelley Witherbee, Director, Funds Management
Intended Audience: Special Education Directors, Superintendents, Financial Administrators
Date: December 17, 2008
Districts no longer automatically receive payments each month based on a set payment schedule. The district must complete a "Payment Request" through the ePeGS system and submit it by the last working day of the month in order to receive payment on the next monthly school payment.
The Payment Request Schedule is available at the following link:
http://dese.mo.gov/divspeced/Finance/partbentitlement.html.
Payment requests should only include the amount of funds expended or will be expended within three business days of the actual School Payment (ACH deposit) date. The Cash Management Improvement Act (CMIA) requires that funds be spent within three business days of receipt or interest on funds must be repaid to the federal government.
The Division has created a step-by-step training guide to help districts through the submission process. The guide may be accessed on the Funds Management webpage at: http://www.dese.mo.gov/divspeced/Finance/partbentitlement.html. If you have questions, please contact the Funds Management Section at (573) 751-0622.