CTE Levy Revenue Funding 101 - Minnesota Association of ... · CTE Levy Revenue Funding 101 MASBO...
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CTE Levy Revenue Funding 101 MASBO Winter Conference February 2016 Joel M. Larsen Jan Carlson AFRN Program Specialist School Finance Specialist [email protected] [email protected]
Transcript of CTE Levy Revenue Funding 101 - Minnesota Association of ... · CTE Levy Revenue Funding 101 MASBO...
CTE Levy Revenue Funding 101
MASBO Winter ConferenceFebruary 2016
Joel M. Larsen Jan Carlson AFRN Program Specialist School Finance Specialist [email protected] [email protected]
Career & Technical Education Funding
CTE Revenue – FY 15 (2014-2015) & beyond: 35% of Program Expenses
Career & Technical Education Funding
There was a cap on state revenue for: FY 2012 - $17,850,000 FY 2013 - $15,520,000 FY 2014 - $ 20,657,000
There is currently no cap on state revenue.
CTE Program Expenses2014-2015 CTE Expenses reported – AFNR = $128,869 Business = $ 23,202 Marketing = $ 80,845 Construction = $ 85,395 Cooperative District = $ 84,217 Total $402,529
X 35%= $140,885.15
CTE Program Expenses
140/143 - Teacher Salary (Not including benefits)
185 - Including Extended days Teacher contact time in approved program
365/366 - Travel Professional Development Student Organization Activities
CTE Program Expenses
305/394/396 - Services by contract (Page 12 CTE Users Guide. Attach a copy of the contract.
433/490 - Operational Budget (NOT Capital)
610 – Curriculum development Activities Attach a copy of the activities.
Step 1 - Program Approval
Need to complete Program Approval 5 year cycle Due November 1 Contact Debra Blahosky for details Master list of current Approved Programs
goes to Data system March 1.
Anticipated CTE Expenses
Anticipated CTE Program Expenses for the next year are entered April 15 – May 15. (FY 17 - 2016-2017)
Requires districts to have approved CTE programs in the current data base.
These anticipated CTE expenses are sent to UFARS June 1.
Anticipated Expenses 15-16
Anticipated Expenses 15-16
Actual CTE Program Expenses
Report actual CTE Program Expenses by September 1, immediately follow close of school & fiscal year.
Requires approved program.
Requires appropriately licensed teacher.
These expense reports are submitted to UFARS and compared with, and reconciled by October 31.
Actual Expenses 2014-2015
Actual Expenses 2014-2015
CTE Levy Revenue Funding 101
MASBO Winter ConferenceFebruary 2016
Joel M. Larsen Jan Carlson AFRN Program Specialist School Finance Specialist [email protected] [email protected]
