Dear School Business Professionals,
In support of our districts, the SBCEO Team would like to keep you informed of the Fiscal Year-End (June 30) process and how it may impact various aspects of our regular procedures. Please review the following key reminders below:
Accounts Payable (A/P)
Warrant Cancels and Cancel/Reissues – The last day for warrant cancel requests is June 24 at 5 p.m. No straight cancels will be processed between June 25 through the closing of your district’s 2020-21 general ledger. Note: Regular cancel/reissue requests will still be processed after this date.
Next Fiscal Year A/P Processing – Please note that our AP Holiday schedule will be starting on June 30th and continuing through July 7th. Our office will be closed on Monday July 5th in observance of the July 4th Holiday. Please review the attached holiday schedule to determine how your district’s AP submission deadlines and expected delivery dates will be impacted.
Accounts Receivable (A/R)
Deposits – Treasury deposits for the current (2020-21) fiscal year are due to our office no later than 8 a.m. on June 25. Any deposits received by our office after that date and time will be entered in the next fiscal year (2021-22). The County Treasurer’s Office will accept deposits at their locations up until 10 a.m. on June 30. If you choose to make a deposit during the June 25 to 30 timeline, we advise that you reconfirm with the County Treasurer’s office directly to verify their deposit procedures and cutoff times.
Calendar and Delivery Schedule
Please carefully review the attached calendar and delivery schedule to verify that all your year-end processing deadlines are met. If you have any questions or concerns, please feel free to contact any one of our finance team members for further clarification and/or guidance.
Todd Humphreys – ext. 5372 Daisy Lazaer – ext. 5295 Chris Rhodes – ext. 5226 Lydia Barcos – ext. 5357 Kaylyn Fierro – ext. 5260
Regards, School Business Advisory Services Team Santa Barbara County Education Office
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Fiscal-Year-End-Calendar-2020-2021.pdf