INFORMATIONAL LETTER #  87

POLICY CODE:          DB

 

June 7, 2002

 

 

 

TO:                  All Superintendents of Schools

 

FROM:             J. Duke Albanese

 

SUBJECT:        FY 2002 Final Subsidy Printout (ED 261)

 

Enclosed is the 2001-2002 final subsidy printout for your school administrative unit(s).

 

            The “Adjusted State Allocation” on line 60 should equal the amount reported as revenue on page 2R, Column 1, line 40 plus line 41 of the “Financial Report of Public Schools” (EF-M-45) for 2001-2002.

 

For those units that qualified, the Out-of District Placement adjustment for the amount indicated on line 59D will be included in the June 2002 subsidy check. This amount should be treated as subsidy and be reported on the “Financial Report of Public Schools” (EF-M-45) on page 2R, Column 1, Line 40. Do not net these funds against your unit’s out-of-district placement costs on either the “Financial Report of Public Schools” (EF-M-45) or the “Request for Subsidy Allocation of Tuition & Board for Students with Disabilities (EF-S-07).

 

For those units that qualified for the English as a 2^nd Language/Bilingual adjustment for the amount indicated on line 53, please note that one third of this amount was included in the April 2002 subsidy check, one third in the May 2002 subsidy check, and one third will be included in the June 2002 subsidy check. Again, this amount should be treated as subsidy and be reported on the “Financial Report of Public Schools” (EF-M-45) on page 2R, Column 1, Line 40.

 

If you have any questions, please contact Suzan Cameron or Joanne Allen in the Management Information Systems Team, at 624-6790.

 

JDA:scc

 

Enclosure

cc:  Assistant Superintendents