School Finance Memos

School Finance Memos

December 2024

December 2024

  • December Payment Calculations
  • Charter School Payment
  • Fiscal Year 2025 Budget
  • SAT and Threshold Recalculation
  • DVM for FY 2025
  • SB 727 169-Day School Calendar Provision Guidance
  • SB 727 Impact for FY 2025 & FY 2026
  • Estimated Regular Term ADA
  • Formula Simulation Tool
  • ACH Deposit Dates
  • Changing Depositary Banks
  • Minimum Salary Requirements
  • School Finance Related Webinars and Presentations
  • Other Website Resources
  • October Educator MOSIS Data
  • Mid-Year Fund Balance Reporting
  • Missouri Accountability Portal (MAP) - Debt Reporting
  • Inclement Weather
  • Audit Confirmation Report
  • Audit Report Submission
  • Publication of the Audit
  • Submitting the Single Audit to the Federal Audit Clearinghouse
  • MO Propane Bus Grant
  • Requirement to Provide Transportation
  • Drug and Alcohol Clearing House
  • Transportation Document Preparation Manual
  • School Finance Contact Information
November 2024 

November 2024 Memo

  • November Payment Calculations
  • Charter School Payment
  • Fiscal Year 2025 Budget
  • SAT and Threshold Recalculation
  • DVM for FY 2025
  • SB 727 Impact for FY 2025 & FY 2026
  • Estimated Regular Term ADA
  • Formula Simulation Tool
  • Adjusting FY 2024 Payments
  • Minimum Salary Requirements
  • Mid-Year Fund Balance Reporting
  • School Finance Related Webinars and Presentations
  • Missouri Accountability Portal (MAP) - Debt Reporting
  • September 2024 Membership
  • Audit Confirmation Report
  • Audit Report Submission
  • Publication of the Audit
  • Submitting the Single Audit to the Federal Audit Clearinghouse
  • Election Dates and Filing Information Update
  • MO Propane Bus Grant
  • Requirement to Provide Transportation
  • Drug and Alcohol Clearing House
  • National School Bus Safety Week and Poster Contest
  • Transportation Document Preparation Manual
  • School Finance Contact Information
October 2024 

October 2024 Memo

  • October Payment Calculations
  • Charter School Payment
  • Fiscal Year 2025 Budget
  • SAT and Threshold Recalculation
  • DVM for FY 2025
  • SB 727 Impact for FY 2025 & FY 2026
  • Estimated Regular Term ADA
  • Formula Simulation Tool
  • FY 2024-25 Contact Information
  • Minimum Salary Requirements
  • Bonuses/Stipends/Extra-Duty Pay
  • School Finance Related Webinars and Presentations
  • Proper Coding and Use of Project Codes
  • Students Moving Between Onsite and Virtual Courses
  • Audit Confirmation Report
  • Audit Report Submission
  • Publication of the Audit
  • Submitting the Single Audit to the Federal Audit Clearinghouse
  • Changing Depositary Banks
  • Requirement to Provide Transportation
  • School Bus Aisle Blocking
  • School Bus Driver Seat Belt Use
  • National School Bus Safety Week
  • Transportation Document Preparation Manual
  • School Finance Contact Information
September 2024

September 2024 Memo

  • August Payment Calculations
  • Charter School Payment
  • Fiscal Year 2025 Budget
  • SAT and Threshold Recalculation
  • DVM for FY 2025
  • SB 727 Impact for FY 2025 & FY 2026
  • Estimated Regular Term ADA
  • FY 2024-25 Contact Information
  • Basic Formula Projection Tool
  • Claiming PK ADA for State Aid
  • Bonuses/Stipends/Extra-Duty Pay
  • September Membership
  • School Calendar Requirements
  • Audit Confirmation Report
  • Audit Report Submission
  • Publication of the Audit
  • Submitting the Single Audit to the Federal Audit Clearinghouse
  • Changing Depositary Banks
  • Requirement to Provide Transportation
  • Ridership List
  • Transportation Document Preparation Manual
  • School Finance Contact Information
August 2024

August 2024 Memo 

  • August Payment Calculations
  • Charter School Payment
  • Fiscal Year 2025 Budget
  • SAT and Threshold Recalculation
  • DVM for FY 2025
  • SB 727 Impact for FY 2025 & FY 2026
  • Transfer Calculations
  • FY 2024-25 Contact Information
  • 1% Professional Development Expenditures
  • MAP - Debt Reporting
  • Tax Rate Reporting
  • Estimate of Required Local Taxes
  • 2023-2024 ASBR
  • School Calendar Requirements
  • Summer School Attendance
  • Buyout of Leased Supplies or Equipment Reports
  • Nonresident Students
  • Residency - Due Diligence
  • Use of Birth Certificates for Enrollment Purposes
  • Transportation Document Preparation Manual
  • School Finance Contact Information
July 2024

July 2024 Memo

  • July Payment Calculations
  • Fiscal Year 2025 Budget
  • SAT and Threshold Recalculation
  • DVM for FY 2025
  • 2024-2025 ACH Dates
  • Transfer Calculations
  • 1% Professional Development Expenditures
  • Tax Rate Reporting
  • Estimate of Required Local Taxes
  • Contact Information
  • 2023-2024 ASBR
  • School Calendar Requirements
  • Summer School Attendance
  • Audit Confirmation Reports
  • FY 2024 Audit Report Submissions
  • Nonresident Students
  • Residency - Due Diligence
  • Use of Birth Certificates for Enrollment Purposes
  • Playground Safety
  • Superintendent Sharing
  • 2023-24 Transportation Data Collection
June 2024

June 2024 Memo 

  • June Payment Calculations
  • Fiscal Year 2024 Budget
  • Fiscal Year 2025 Budget
  • SAT and Threshold Recalculation
  • DVM for FY2025
  • 2023-2024 ACH Dates
  • SB 727 Impact for FY 2025 & FY 2026
  • Payment Request Deadlines
  • Capitalization threshold increase
  • Fund Transfer Maximums
  • 163.021.1(4), RSMo. Impact on Payments
  • 1% Professional Development Expenditures – FY2024
  • Summer School Attendance
  • Audit Reports
  • Data Reporting
  • Bonuses/Stipends/Extra-Duty Pay
  • FY2023-24 Annual Secretary of the Board Report (ASBR)
  • School Calendar Requirements
  • 2022-2023 Attendance Reporting
  • Boundary Change
  • Residency – Due Diligence
  • Superintendent Sharing
  • Certified School Bus Driver Instructor Training
  • 2023-24 Transportation Data Collection
  • School Finance Contact Information
May 2024

May 2024 Memo

  • May Payment Calculations
  • Fiscal Year 2024 Budget Estimates
  • Fiscal Year 2025 Governors Recommendations
  • Small Schools Grant
  • Charter School Payment
  • State Adequacy Target (SAT) and Threshold Recalculations
  •  SB 727 Impact for FY 2025
  • 163.021.1(4), RSMo. Impact on Payments
  • Estimating Average Daily Attendance (ADA)
  • 1% PD Expenditures
  • Capitalization threshold increase
  • Payment Request Deadline
  • Gifted Penalty
  • Bonuses/Stipends/Extra-Duty Pay
  • Lease/Rental Reminders
  • Summer School Attendance
  • School Calendar Requirements
  • Data Reporting
  • 2023-2024 Attendance Reporting
  • Non-Certificated Educators – Attendance Hours Adjustment
  • Missouri Accountability Portal (MAP)
  • Minimum Salary Requirements
  • Architectural & Engineering Services
  • Certified School Bus Driver Instructor Training
  • Stop Arm Violation Survey
  • School Finance Contact
April 2024

April 2024 Memo

  • April Payment Calculations
  • Fiscal Year 2024 Budget Estimates
  • Fiscal Year 2025 Governors Recommendations
  • Small Schools Grant
  • Charter School Payment
  • State Adequacy Target (SAT) and Threshold Recalculations
  • 163.021.1(4), RSMo. Impact on Payments
  • Estimating Average Daily Attendance (ADA)
  • 1% PD Expenditures
  • Career Ladder Application Window
  • Bonuses/Stipends/Extra-Duty Pay
  • Changing Depositary Banks
  • Summer School Attendance
  • School Calendar Requirements
  • Data Reporting
  • 2023-2024 Attendance Reporting
  • Non-Certificated Educators – Attendance Hours Adjustment
  • Missouri Accountability Portal (MAP)
  • Minimum Salary Requirements
  • Architectural & Engineering Services
  • Certified School Bus Driver Instructor Training
  • Stop Arm Violation Survey
  • School Finance Contact
March 2024

March 2024 Memo

  • Payment Calculation Information
  • Fiscal Year 2024 Budget Estimates
  • Fiscal Year 2025 Governor’s Budget Recommendations
  • Charter School Payment
  • 163.021, RSMo. Impact on Payments
  • Estimating Average Daily Attendance (ADA)
  • Estimating ADA
  • 1% Professional Development
  • Alternative Method of Instruction (AMI)
  • Grant Tracking Tool
  • Non-Certified Educators
  • Summer School Attendance
  • School Calendar Requirements
  • Inclement Weather
  • Boundary Change
  • School Bus Train the Trainer
  • School Finance Contact Information
February 2024

February 2024 Memo

  • February Payment Calculations
  • Fiscal Year 2024 Budget Estimates
  • Governor’s Recommendations
  • Small Schools Grant
  • Charter School Payment
  • State Adequacy Target and Thresholds
  • 163.021, RSMo. Impact on Payments
  • Estimating Average Daily Attendance (ADA)
  • 1% Professional Development
  • Lengthening or Shortening the School Year and the Impact on Funding
  • Non-Certificated Educators – Attendance Hours Adjustment
  • Inclement Weather
  • School Calendar Requirements
  • Mid-Year Fund Balance Reporting
  • January Membership
  • State FTE FRL Count
  • Missouri Accountability Portal (MAP) - Debt Reporting
  • Ridership List
  • Drug and Alcohol Clearing House
  • School Bus Train the Trainer
  • School Bus Poster Contest
  • Minimum Standards of School Buses
  • School Finance Contact Information
January 2024

January 2024 Memo

  • January Payment Calculations
  • Fiscal Year 2024 Budget Estimates
  • Governor’s Recommendations
  • Small Schools Grant
  • 163.021.1(4), RSMo. Impact on Payments
  • Charter School Payment
  • Professional Development 1% PDC Spending Requirement
  • Estimating ADA
  • Inclement Weather
  • Missouri Accountability Portal (MAP) – Debt Reporting
  • Mid-Year Fund Balance Reporting
  • Changing Depositary Banks
  • Core Data Screen 16 – January Membership
  • Core Data Screen 15 – Home School/Free & Reduced Lunch
  • Ridership List
  • Drug and Alcohol Clearing House
  • Minimum Specifications of School Buses
  • Poster Contest
  • School Finance Contact Information
December 2023

December 2023 Memo

  • December Payment Calculations
  • Small Schools Grant
  • Fiscal Year 2023 Budget Estimates
  • Adjusting FY2022 Payments
  • Submitting Annual Audit Reports
  • Publication of the Audit
  • Submitting the Single Audit to the Federal Audit Clearing House
  • 163.021.1(4), RSMo. Impact on Payments
  • October Educator MOSIS Data
  • ACH Deposit Dates
  • Inclement Weather
  • School Calendar Requirements
  • Mid-Year Fund Balance Reporting
  • Changing Depository Banks
  • Missouri Accountability Portal (MAP) – Debt Reporting
  • Drug and Alcohol Clearing House
  • School Finance Contact Information
November 2023

November 2023 Memo

  • November Payment Calculations
  • 163.021.1(4), RSMo. Impact on Payments
  • Charter School Payment
  • Estimated Regular Term ADA
  • Adjusting FY2023 Payments
  • Submitting Annual Audit Reports
  • Submitting the Single Audit to the Federal Audit Clearing House
  • Publication of the Audit
  • September 2023 Membership
  • Mid-Year Fund Balance Reporting
  • Missouri Accountability Portal (MAP) – Debt Reporting
  • Election Dates and Filing Information Update
  • Drug and Alcohol Clearing House
  • School Finance Contact Information
September 2023

September 2023 Memo

  • September Payment Calculations
  • DVM 2024
  • State Adequacy Target (SAT)
  • Threshold Percentages
  • 163.021.1(4), RSMo. Impact on Payment
  • Charter School Payment
  • Estimated ADA
  • Claiming PK ADA for State Aid
  • FY 2023-24 Contact Information
  • Audit Report Submission
  • Publication of the Audit
  • Submitting Single Audit to Federal Audit Clearinghouse
  • Bonuses/Stipends/Extra-Duty Pay
  • COVID-19 Homebound Attendance Allowance Ending
  • September Membership to the Counties
  • Missouri Financial Accounting Manual
  • Department Listservs
  • School Finance Related Webinars
  • School Calendar Requirements
  • September Membership
  • Changing Depositary Banks
  • Tax Rates
  • Estimate of Required Local Taxes
  • Requirement to Provide Transportation
  • Ridership List
  • School Finance Contact Information
August 2023

August 2023 Memo

  • August Payment Calculations
  • State Adequacy Target (SAT)
  • 4DVM for FY23
  • 163.021.1(4), RSMo. Impact on Payment
  • Charter School Payment
  • 1% PD Expenditures – FY24
  • Missouri Accountability Portal (MAP)
  • FY 24 Contact Information
  • Transfer Maximums
  • Audit Reports
  • Buyout of Leased Supplies or Equipment
  • Summer School Attendance
  • School Calendar Requirements
  • Estimated ADA
  • Students on COVID-19 Quarantine
  • Tax Rates
  • Estimate of Required Local Taxes
  • Nonresident Students
  • Residency – Due Diligence
  • Use of Birth Certificates for Enrollment
  • MSPMA Annual State Conference
  • Superintendent Sharing
  • School Bus Driving Records Checks
  • 2022-23 Transportation Data Collection
  • School Finance Contact Information