Business Office Calendar

July

  • Close prior fiscal years – final reconciliations, journal entries
  • Quarterly grant reimbursement billings – close grants or use 5th quarter
  • Current year budget report due to DEED – July 15
  • Payroll quarterly reports – 941, ESC, etc.

August

  • Annual audit conducted by independent auditors

September

  • Finalize annual financial report
  • CIP six year plan due to DEED – requires Board action (due dates and forms on DEED website)
  • 70/30 waiver request

October

  • Prior year audited annual financial report due to DEED
  • Quarterly grant reimbursement billings
  • Payroll quarterly reports
  • OASIS 20 day count period ends the 4th Friday in October
  • Review current year’s budget for validity – adjust for actual hires – requires Board action
  • ASBO Annual Conference

November

  • OASIS is due 10 days after the close of the 20 day count period
  • Subsequent year’s enrollment projection is due with the OASIS report

Note: DEED is required to withhold funds if prior year audited financial report hasn’t been received by DEED

December

  • Respond to OASIS findings
  • Develop subsequent year’s budget
  • Indirect cost rate report
  • ALASBO Annual Conference

January

  • Quarterly grant reimbursement billings
  • Payroll quarterly reports
  • Reconcile mail W-2s
  • Alaska Legislature convenes
  • Reconcile and mail 1099’s Impact Aid report

February

  • Develop subsequent year’s budget – requires Board action
  • W3
  • 1096 (?) report
  • ALASBO Legislative Fly-In

March

  • Take a vacation

April

  • Quarterly grant reimbursement billings
  • Payroll quarterly reports

May

  • Process end-of-school year
  • Update subsequent year’s budget for any funding changes resulting from Legislative action

June

  • Prepare to close current fiscal year

Monthly

  • Review all bank reconciliations
  • Review all general ledger accounts
  • Food service reports due to DEED
  • Pupil Transportation Student Accident Report to DEED

Other

  • Book mark the DEED website as a favorite on your computer
  • Monitor State Board of Education Meetings – Agendas and minutes available on line at DEED website; notes districted to ACSA members
  • Monitor PERS/TRS Retirement Board Meetings – Agendas and minutes available on line – Division of Retirement and Benefits
  • Monitor all legislation pertinent to education
  • Become a member of Alaska Association of School Business Officials and the Alaska Council of School Administrators (ACSA)
  • Become a member of Association of School Business Officials
  • E-Rate – November and January deadlines usually
  • Insurance renewals, etc.
  • Gaming Report
  • Lobbyist Report
  • Review prior year files to get a ‘lay of the land’