Dear School Business Officials,
The California state budget was signed by the governor on Tuesday, Jun. 27, 2023, which means that Education Code Section 42127(i)(4) is now in effect. This means that the district needs to update its budget and present the revisions to the board within 45 days, which is Friday, Aug. 11. In the past, we have sent a 45-Day Budget Revision memo to the business listserv as a reminder with the timeline for submitting the updated budget information to our office. This information is now included on our website here<www.sbceo.org/domain/256>.
ACTION: Please complete the 45-Day Budget Revision Survey<forms.office.com/r/5M5sYascn1> (Due July 31)
The “Common Message” is currently under development. When it arrives, we will post it on the webpage for consideration in revising your district’s budget. In addition, an updated FCMAT LCFF Calculator<www.fcmat.org/lcff> is scheduled to be released at the end of July with changes from the Enacted Budget. This calculator should be used to run new LCFF projections and assess the impact on the budget, even if you do not plan to present a 45-day revision to the board. Please visit the website periodically to check for updates on the availability of these items – we will post as soon as we receive them.
If you have questions or need assistance, please contact your District Financial Advisor.
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. To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>
The California state budget was signed by the governor on Tuesday, Jun. 27, 2023, which means that Education Code Section 42127(i)(4) is now in effect. This means that the district needs to update its budget and present the revisions to the board within 45 days, which is Friday, Aug. 11. In the past, we have sent a 45-Day Budget Revision memo to the business listserv as a reminder with the timeline for submitting the updated budget information to our office. This information is now included on our website here<www.sbceo.org/domain/256>.
ACTION: Please complete the 45-Day Budget Revision Survey<forms.office.com/r/5M5sYascn1> (Due July 31)
The “Common Message” is currently under development. When it arrives, we will post it on the webpage for consideration in revising your district’s budget. In addition, an updated FCMAT LCFF Calculator<www.fcmat.org/lcff> is scheduled to be released at the end of July with changes from the Enacted Budget. This calculator should be used to run new LCFF projections and assess the impact on the budget, even if you do not plan to present a 45-day revision to the board. Please visit the website periodically to check for updates on the availability of these items – we will post as soon as we receive them.
If you have questions or need assistance, please contact your District Financial Advisor.
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. To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>