Month: May 2021

Dear School Business Professionals,
Another new LCFF calculator has been released 22.1b.
See below for details about the effects of these changes. www.fcmat.org/lcff
Sorry for the slight delay – this email got caught in quarantined messages over last night.
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> On Behalf Of Marisa Ploog Sent: Wednesday, May 19, 2021 7:12 PM To: LCFF-CALCULATOR@LISTS.FCMAT.ORG Subject: [LCFF] Version 22.1b of the newly designed Local Control Funding Formula (LCFF) Calculator is now available for download.
This version of the new LCFF Calculator contains corrections as follows: 1. Data Entry tab correction: Section 3(d) (Rows 91 & 99 Column I (2020-21)) – corrected formula from a sum of rows 87-90 to and addition of rows 87 and 90. This change impacts the Unduplicated Pupil Percentages for all school district calculations. 2. Calculator tab correction: Rows 9-11, Grade Span Adjustment, Supplemental and Concentration Grant rates for fiscal years 24-25 through 26-27, corrected to draw the funding rates for the correct fiscal years from the Summary tab. This change impacts all LCFF calculations.
Thank you again for your continued feedback and support.
So that we can better support the LCFF Calculator, please submit ALL questions and report all potential errors to our help desk: www.fcmat.org/helpdesk. Please be sure to attach a copy of your calculator.

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Dear School Business Professionals,
As promised, FCMAT updated the LCFF Calculator again today. The NEW Calculator, version 22.1a, has been posted with information about the changes and the affect the changes will have on the calculations.
Read more here and download the new calculator to prepare your LCAP –> www.fcmat.org/lcff
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.
To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>.

Dear School Business Officials,
Please read through email below and download the new LCFF Calculator v22.1 to use when preparing your Adopted Budget and your district’s LCAP. It has just been released today for download today. Take special note of the highlighted information in the email below.
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.
To unsubscribe, click here<mailto:sbasfinance@sbceo.org?subject=Unsubscribe>.
From: Michael Fine <mfine@fcmat.org<mailto:mfine@fcmat.org>> <basc@lists.ccsesa.org<mailto:basc@lists.ccsesa.org>> Sent: Monday, May 17, 2021 4:05 PM To: Business and Administration Steering Committee <basc@lists.ccsesa.org<mailto:basc@lists.ccsesa.org>> Subject: [basc] FW: FCMATs NEW LCFF Calculator, v22.1, is now available for download.
FYI
Mike

From: FCMAT LCFF Calculator Announcements <LCFF-CALCULATOR@LISTS.FCMAT.ORG<mailto:LCFF-CALCULATOR@LISTS.FCMAT.ORG>> On Behalf Of Marisa Ploog Sent: Monday, May 17, 2021 2:43 PM To: LCFF-CALCULATOR@LISTS.FCMAT.ORG<mailto:LCFF-CALCULATOR@LISTS.FCMAT.ORG> Subject: [LCFF] FCMATs NEW LCFF Calculator, v22.1, is now available for download.
The new LCFF Calculator has been completely redesigned, eliminating all elements and calculations previously required during the transition phase of the Local Control Funding Formula. The new tool has also been redesigned to simplify and improve navigation and the overall user experience. We feel the new calculator is fairly intuitive; step by step instructions are provided within the workbook on the Instructions tab. We strongly encourage users to review the content located in both the Instruction tab and the Caveats tab with each new version to ensure you are aware of any matter that may impact the accuracy of your calculation. The LCFF Calculator is updated twice a year, once in the second quarter and once in the third quarter. The second quarter calculator revision includes updates for the first principal apportionment (P-1), annual principal apportionment (Annual) and annual principal apportionment revision 2 (Annual R2) certification data and is generally released in late February each year. The third quarter update incorporates the second principal apportionment (P-2), annual principal apportionment revision 1 (AN R1), annual principal apportionment revision 3 (AN R3) certification data and changes per the state budget, when applicable, and is generally released in July. Additional updates may occur if material errors are found within the tool. This update schedule is also available on the LCFF landing page under the FAQs. User Assumptions and Variables:
* Version 22.1 of the LCFF Calculator prepopulates with LEA-specific data as certified by the CDE for the 2020-21 second quarter. User editable data entry cells containing prepopulated data may be overridden by users with more current data if known. Please note, users should not override the prepopulated ADA data presented in the 2020-21 fiscal year; this data reflects the funding criteria established due to the pandemic. * The prepopulated assumptions for supplemental and concentration grant funding reflect the percentages as currently written into the Education Code. Users have been provided access to override the concentration grant funding percentage for the purpose of alternative projection modeling. * COLA and other assumptions are presented based on the Governor’s May Revision for the 2021-22 budget and include the following:
21-22(*) 22-23 23-24 24-25 LCFF Funded COLA
5.07% 2.48% 3.11% 3.54% Statutory COLA (as calculated by the Department of Finance, DOF)
1.7% 2.48% 3.11% 3.54 % Augmentation/(21-22 compounded COLA)
2.31%+1.00% 0.00% 0.00% 0.00% EPA Entitlement %
37.69% 16.087% 16.087% 16.087%
(*) The 2021-22 May Revision proposes applying a COLA of 2.31% to the 2020-21 LCFF base grant rates, only for purposes of calculating the 2021-22 rates, before applying the 2021-22 LCFF May Revision COLA of 1.7%, plus an additional discretionary LCFF-only 1% COLA, for a compounded COLA of 5.07%.
Please submit ALL questions regarding the LCFF Calculator to our help desk: link.edgepilot.com/s/ead91d34/d0Odee3cykKZrStiM8Yx_g?u=https://www.fcmat.org/helpdesk. Attach a copy of your calculator.
FCMAT extends great appreciation to each member of the LCFF development team for their contributions and commitment to ensuring the quality of this tool. This includes administrative staff of the Marin and El Dorado county offices of education. Further appreciation is extended to numerous members and support staff of the Business and Administration Steering Committees (BASC), the External Services Subcommittee of the BASC, the California Department of Finance, and the administration and staff of the California Department of Education for their continued support and collaborative partnership in the development of the LCFF Calculator.
You can access the LCFF Calculator from our website, the following link is attached for your convenience. link.edgepilot.com/s/d8d1ce5a/BOz3nxGKTUe1p5kWOikjEg?u=https://www.fcmat.org/lcff. Did you receive this email from a colleague or friend? Subscribe to either the LCFF Calculator Announcements or General Announcements email lists to receive future announcements direct to your email box. To subscribe, please visit: link.edgepilot.com/s/9549986f/_gZcG9qrpE2n9XZyz3HHzA?u=https://www.fcmat.org/email-lists

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