We just had a phone call with FCMAT and are sharing the latest information from that call with you.
As you know, FCMAT did not release a May Revise LCFF Calculator. The next release of an updated calculator will be after the Enacted Budget in July – districts will use that calculator version for your 45-day Budget revisions.
* For now, there are two LCFF calculators that you may choose to develop the Adopted Budget and LCAP: 1) the standard version of the LCFF Calculator v23.1a and, 2) the Modeling Version mv23.1b both released April 18. Please note the Statutory COLA fields on the data entry tab for the current and subsequent years are editable to update with the May Revise COLA projections.
Whichever version you use, please send it in with your Budget Overview for Parents (BOFP) preview documents listed in the email below. Remember, the BOFP should tie to your LCFF Calculator (v23.1a or mv23.1b), LCAP and SACS Form 01 (use the crosswalk attached for general guidance).
If you have any questions, please contact your DFA for assistance.
Regards,
School Business Advisory Services Team Santa Barbara County Education Office
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From: SBAS Communications Sent: Thursday, May 12, 2022 1:36 PM To: business <business@ed9.sbceo.org> Subject: LCAP – 2022-23 Crosswalk for LCFF Budget Overview for Parents
Dear School Business Professionals,
Please find attached the 2022-23 Crosswalk for LCFF Budget Overview for Parents. You will find this informative guide useful as you prepare this document for submission with your LCAP. Once the May Revise LCFF Calculator is released and you update your final numbers in the LCAP, please send the following documents for a preview* to your DFA (prior to LCAP Public Hearing). Please submit your preview documents far enough in advance of your board meeting to ensure enough time for preview turnaround in the event adjustments are necessary.
*Note: We are performing a high-level preview, additional issues may be discovered during the full LCAP Review.
* Budget Overview for Parents * May Revise LCFF Calculator (estimated release around May 20) Submit and identify the LCFF Calculator 23.1f or the MV 23.1b you used to develop your adopted budget. * Final SACS Form 01 * Final LCAP * Expenditure Table and Contributing Actions Tables
Our goal is to help districts ensure that the Budget Overview for Parents goes to the board with all the correct data.
If you have any questions, please contact us.
Thank you.
Regards,
School Business Advisory Services Team Santa Barbara County Education Office
Note: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox.
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