Dear School Business Officials,
We have been notified that a new version of the LCFF Calculator has been released. Changes to the calculator are highlighted in the email notification below from FCMAT. Please use this updated calculator for revising your budget projections. You will also find this useful if you are planning to share a 45-day Adopted Budget Revision to your board.
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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From: FCMAT LCFF Calculator Announcements <LCFF-CALCULATOR@LISTS.FCMAT.ORG<mailto:LCFF-CALCULATOR@LISTS.FCMAT.ORG>> On Behalf Of Marisa Ploog Sent: Tuesday, July 13, 2021 11:36 AM To: LCFF-CALCULATOR@LISTS.FCMAT.ORG<mailto:LCFF-CALCULATOR@LISTS.FCMAT.ORG> Subject: [LCFF] LCFF Calculator Version 21.2 Released
Version 21.2 of the LCFF Calculator is now available on the FCMAT website. This version of the LCFF Calculator contains updates as follows:
1. Prepopulated Data: CDE Certified Data as of 2020-21 third quarter released June 18, 2021, including 2020-21 (P2), 2019-20 (AN R1) and 2018-19 (AN R3). 2. Assumptions tab: Revised Concentration Grant funding rate from 50% to 65% beginning in fiscal year 2021-22, treated as an ongoing change. 3. Assumptions Tab: Confirmed COLA and Augmentation per DOF – no revisions necessary. 4. 2020-21 EPA entitlement as a percentage of statewide adjusted revenue limit as of P2: 70.06785065%. 5. Updated Caveats (Caveats tab) 6. Updated Instructions (Instructions tab) To download the latest version, please visit: www.fcmat.org/lcff . Users should review the Caveats and Instructions tab prior to use of each new version. QUESTIONS: To ensure the most timely support, ALL questions or potential calculation issues should be submitted to FCMAT using our online Help Desk at: www.fcmat.org/helpdesk/. So that we can best assist you, please attach a copy of your calculator when submitting your help desk request. Please do not respond to this email. The FCMAT LCFF Calculator listserv is announcement based and is not monitored for LCFF Calculator support questions.
———- LCFF-CALCULATOR Listserv Policies<fcmat.org/wp-content/uploads/sites/4/2014/02/FCMATListservPolicyListservU.pdf> Unsubscribe me<mailto:LCFF-CALCULATOR-signoff-request@lists.fcmat.org> from the LCFF-CALCULATOR Listserv. Contact FCMAT if you have questions or concerns<mailto:LCFF-CALCULATOR-request@lists.fcmat.org>.