Districts will need this information for Year-End Close related to accounting for the Expanded Learning Grants (ELO)…
Dear School Business Officials,
On August 11, 2021, the CDE released revised AB 86 Expanded Learning Opportunities grant information. Allocation schedules for the In Person Instruction grants (IPI) and Expanded Learning Opportunities grants (ELO) are now posted separately to account for changes in funding sources in the ELO grant.
With the enactment of AB 130, a portion of the ELO grant has been shifted to federal stimulus funding sources. As a result of this shift, the ELO grant will now be split between new federal resources and state resources. Amounts allocated from federal resources (new resources 3216, 3217, 3218, and 3219) are subject to unearned revenue provisions, while state resources may carry ending balances (resources 7425 and 7426).
The CDE has also posted guidance related to the recognition of revenue in the ELO federal resources. Although LEAs may use the ELO federal resources for costs dating back to March 13, 2020, LEAs may not record federal revenues for these programs in 2020-21. Should LEAs record expenditures in these federal resources for 2020-21, negative fund balances will occur. CDE is aware of this issue. A negative fund balance in these resources will cause a non-fatal Technical Review Check (TRC) in the SACS software. LEAs may input an explanation in the SACS software should this occur thereby allowing an official export.
Please also note that the CDE has indicated that contributions (objects 8980 and 8990) will not be opened for use with resources 3216, 3217, 3218, and 3219. However, contributions from restricted revenues, object 8990, will be opened by the CDE for use in ELO state resources only (7425 and 7426).
Please see the links below for further guidance and helpful information. We also recommend reaching out to your external auditors should you have any questions.
Accounting for AB 86 Funding – IPI and ELO Grants
* www.cde.ca.gov/fg/ac/co/acctab86ipielogrants.asp
Funding Results – In-Person Instruction and Expanded Learning Opportunities Grants
* www.cde.ca.gov/fg/fo/r14/ipielo20result.asp
We hope you find this helpful. Thank you.
Regards,
School Business Advisory Services Team Santa Barbara County Education Office
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