Change to Financial Reporting Calendar web page 2021-22

Dear School Business Officials, We have been asked to forward the following information regarding Financial Reporting Calendars available in the SACS2021ALL software. If you have any questions, please contact your District Financial Advisor. Regards,
School Business Advisory Services Team Santa Barbara County Education Office
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From: SACSINFO <SACSINFO@cde.ca.gov> Sent: Thursday, October 21, 2021 1:07 PM Subject: Change to Financial Reporting Calendar web page 2021-22

The following issue has been identified in the 2021 Financial Reporting Calendars and may affect your county office, and districts and charter schools within your county.
Affected Users All users Issue The 2021 financial reporting calendars included with the SACS2021ALL software release are not up to date. There were legislative changes July 9, 2021 and September 23, 2021 to annual audit report due dates that are not reflected in the calendars. Cause Sections 18 and 19 of Assembly Bill 130 (Chapter 44, Statutes of 2021) and Section 7 of Assembly Bill 167 (Chapter 252, Statutes of 2021) extended the following due dates contained in Education Code (EC) for the 2020-21 annual audit:
* EC 41020(h)(2) and (3) – 2020-21 audit report filing is extended from December 15, 2021 to January 31, 2022. * EC 41020.3(b) – LEAs review of their 2020-21 annual audit and corrective action is extended from January 31, 2022 to February 28, 2022. * EC 41020(j)(2)(B) – LEAs deadline to provide corrective action to COEs for their 2020-21 audit is extended from March 15, 2022 to April 15, 2022. * EC 41020(k)(2) – COE deadline for the annual certification for 2020-21 audits to SCO and CDE is extended from May 15, 2022 to June 15, 2022 Resolution/Workaround The updated calendars will be posted to the CDE Fiscal Calendars web page<www.cde.ca.gov/re/ca/fc/>. Note that the SACS2021ALL software will not be updated with the revised calendars.
Please distribute this information to the appropriate county office, district, and charter school staff. If you have any questions regarding this information or the SACS software in general, please contact the Office of Financial Accountability and Information Services by email at sacsinfo@cde.ca.gov<mailto:sacsinfo@cde.ca.gov>.

California Department of Education School Fiscal Services Division Office of Financial Accountability and Information Services SACSINFO@cde.ca.gov<mailto:SACSINFO@cde.ca.gov> 916-322-1770