Weekly Finance Newsletter - 7/28/17

North Carolina Public Schools sent this bulletin at 07/31/2017 08:56 AM EDT

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July 28, 2017

FINANCIAL AND BUSINESS SERVICES

Financial and Business Services is made up of two divisions: School Business Administration,
and Financial Services. These Divisions report to Adam Levinson, CFO

Federal Overspent Programs (LEAs Only):

Please wait until DPI sends your LEA a letter providing instructions on how to pay back any federal overspent programs from FY 16-17.  Your LEA cannot pay back federal overspent programs through the BUD system.

 

Also, your LEA cannot prepare BUD entries to pay back Single Audit Questioned Costs.  Your LEA will need to send in a check from local funds to pay back federal questioned costs.

 

Your LEA can pay back state overspent for FY 16-17 as a prior year refund within the BUD system.

 

If you have additional questions, please contact Roxane Bernard at 919-807-3725 or roxane.bernard@dpi.nc.gov or Richard Smith at 919-807-3729 or richard.smith@dpi.nc.gov.

New Personnel in FBS

New

Many of you are aware that Debbie Jackson retired at the end of May after many successful years with DPI.  We have been fortunate to welcome Annette Clifton to the Financial and Business Services team to take over the accounting and communications duties that Debbie had performed.  You can reach Annette at (919) 807-3603 or Annette.clifton@dpi.nc.gov.

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