Friday, June 12, 2020
Payment Reconciliation Workbook Posted
The June & July 2020 payment reconciliation workbook has been posted to our Aid Payment Adjustments page. This Excel workbook includes debit and credit entries for school districts’ year end payments of state aid, as well as withholdings for Open Enrollment students in and out and for eligible district residents’ choice program vouchers. All associated revenues and expenditures must be recorded in full rather than being netted against each other.
2019-20 Grant Claims & Fiscal Year End
Each year in June the processing of claims is shut down for a couple of weeks in order for the State of Wisconsin to perform year end wrap up and rollover into the next fiscal year. Our grant accountants must receive claims by Wednesday, June 17 for payment on Monday, June 29. As a reminder, final claims for fiscal year 2019-20 must be submitted by September 30, 2020. If you have questions please contact your Federal and State Programs grant accountant.
Early College Credit Program
Claims for the Early College Credit Program (ECCP) are open to districts through July 15. Because there are limited funds available for reimbursement, it is not possible for a district to estimate the associated revenue, so recipients will not be able to book a 2019-20 receivable at year end. The WUFAR coding for ECCP revenue is source 619, and we have assigned project code 445 for ECCP-related expenses.