FY 2011–12 F-196 Update. Ramona Garner Supervisor, School District/ESD Financial Reporting (360) 725-6304 [email protected] AGENDA. 1. Important dates to remember. 2. Walk-through of the F-196 noting resource links, general information, and changes for 2011–12 reporting.
1. Important dates to remember.
2. Walk-through of the F-196 noting resource links,
general information, and changes for 2011–12 reporting.
3. General “where/what” reports are available from the
4. Questions? Comments?
The dates below have not changed. Please make a note of these dates now, it is not too early to start gathering the needed data and balancing system items for year-end closing. Starting now on this process will make meeting the below listed dates easier for you.
Final Action DateAction
October 25 School Districts- Final date for submission of completed F-196 data from the school district to the local ESD. The data will be submitted electronically and/or on an F-196 manual form. Districts not able to submit by the October 25 due date may request a waiver by email or written notice to the ESD.
November 1ESDs - Final date for the ESD to review and forward the certification page back to the school district for signature.
November 8School Districts - The signed certification page is due from the school district to the ESD.
November 15ESDs - Final date the signed certification page by the ESD is due at OSPI, School Financial Services.
In accordance with WAC 392-117-035, districts and ESDs that fail to adhere to the due dates could have a delay of apportionment payments. The final date for filing or forwarding will be considered as having been met if the postmark or other evidence indicates shipment prior to the due date or the next workday if the due date falls on a weekend.
Districts have to individually answer this question.
What happened during the school year in your district
that “distorts” your expenditures? Normally this would
be something unusual or unexpected that does not happen in the normal operation of your district that inflated your expenditures for the year. This amount could be $5,000 or $35,000 depending on the size of your district.
For example: The winter wind storms damaged the roof on a building. If the repairs were expended in the General Fund, the cost to renovate the building distorts the normal district expenditures. These expenditures may be considered distorting. Do not include Capital Outlay (Object. 9).
Indirect Expenditures-manual entries (cont.)