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Understanding The Budget Cycle: Building Next Year’s Budget Today

Understanding The Budget Cycle: Building Next Year’s Budget Today. The Budget Cycle. Planning Tools: Register Projections Initial school allocations are based on register projections.

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Understanding The Budget Cycle: Building Next Year’s Budget Today

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  1. Understanding The Budget Cycle: Building Next Year’s Budget Today

  2. The Budget Cycle Planning Tools: Register Projections Initial school allocations are based on register projections. Based on the audited October 31st registers for the current year and the school’s enrollment, Office of Student Enrollment Planning and Operations (OSEPO) posts figures for the upcoming fiscal year. Once posted, Principals assess projected figures and can either accept or request a review, where they may provide alternate data. Planning: February - May

  3. Building Your School’s Budget Funding Sources

  4. Initial Allocation & Budget Scheduling: May - June The Budget Cycle • Funding Sources • DOE receives funds from various sources: • Federal, State, City and Private. • These fund sources are placed into funding categories. The pie chart shows a graphic representation of the proportions of the three funding sources and varies from school to school.

  5. Funding Sources Tax Levy Monies provided by New York City to support educational programs are called Tax Levy funds. The majority of the monies come from property values and other taxable sources within New York City and New York State. Tax Levy funds account for a majority of a school’s budget. The Budget CycleInitial Allocation & Budget Scheduling: May - June

  6. Tax Levy SAM Most of the additional funds that are allocated to schools can be found in the School Allocation Memorandums (SAM): http://schools.nyc.gov/offices/d_chanc_oper/budget/dbor/allocationmemo/fy10_11/AM_FY11_CAT.html Note: The SAMs give detailed instructions on why funds are given and how they should be used. You can also access this link from the DOE Homepage, Offices and Programs, Financial Planning & Management (Division of), Allocation Memorandum. The Budget Cycle Initial Allocation & Budget Scheduling: May - June

  7. The Budget Cycle Initial Allocation & Budget Scheduling: May - June Most Common Tax Levy (TL) Allocations: 7

  8. The Budget Cycle Initial Allocation & Budget Scheduling: May - June Most Common Tax Levy (TL) Allocations (Cont):

  9. Funding Sources Reimbursable Funding Reimbursable funding represents the portion of the school allocation derived from specific state, federal and private fund sources. Reimbursable funding must be used to provide additional instructional services that are over and above the basic instructional services. Funding is determined by eligible student population. Poverty Rate English Language Learners (ELL) Special Education At-Risk Students Attendance Rate Note: Funds are directed to the school from the city. Upon review of usage, the state reimburses the city for the expenses. The Budget Cycle Initial Allocation & Budget Scheduling: May - June

  10. Reimbursable Funding (Cont) Supplement not supplant! Reimbursable funding is used to implement academic intervention services (AIS), as described in the CEP. Misuse of reimbursable funds will lead to disallowances. See below website for School Allocation Memorandum. http://schools.nyc.gov/offices/d_chanc_oper/budget/dbor/allocationmemo/fy08_09/AM_Default.html The Budget Cycle Initial Allocation & Budget Scheduling: May - June

  11. The Budget Cycle Initial Allocation & Budget Scheduling: May - June Most Common Reimbursable Funding Allocations

  12. GIFT – A donation rendered via check, goods, or services from a private institution, corporation or not for profit institution (i.e. PTA donation, local bank donation, etc) GRANT – An award based on approval of a written proposal that is transmitted by the sponsoring Agency to the Senior Grants Officer at the ISC. (i.e. 21 Century Community Learning Center, Teaching American History, Learning Technology, etc) The Budget Cycle Initial Allocation & Budget Scheduling: May - June

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