June 18, 2026
The FBS website continues to be updated with information related to School Business and our ongoing operations. Please check the FBS homepage regularly for updates. Please review the upcoming deadlines for due dates.
SBS Year End - All PSUs
Year-End Ledger Reconciliation Report – All PSUs
DPI will reconcile reported expenditures with cash received at year-end. A report showing proposed changes is now live on DART. Please see the FAQ posted to our What's New page to explain this process.
Independent Public School Year-End FAQ
In response to questions raised during our Year-End Closeout webinar, we have created an FAQ and posted it to our What's New page to assist IPSs. If you have additional questions not addressed by the FAQ, please contact schoolfinancialreporting@dpi.nc.gov.
Other Reminders
SBS has posted year end letters to our What's New page, which go through the FY 25-26 closeout process in June/July. Below is a quick reference table of key dates, but please read the memo in its entirety. The slides and recordings of the webinars have also been posted to our What's New page for those that couldn't attend.
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DATE
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PSU TYPE
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ACTION ITEM
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Monday 6/22/26
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All (except Lab Schools)
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Deadline to request cash for the final FY26 FRD of 6/26/26. All cash requests must be received by 4 PM.
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Wednesday 6/24/26
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All
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Optional additional MFR submission for PSUs wishing to test their datafile before the 6/30 deadline. Files received by 5pm will post by noon on 6/25.
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Monday 6/29/26
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LEAs
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Request State cash by 4 PM for FY27 for FRD of 7/2/26
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Tuesday 6/30/26
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All
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PSUs submit June data files prior to midnight
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Wednesday 7/1/26
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All
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DPI will pull all data files after 12:01AM. PSU Datafile contacts will need to be available for contact by DPI if needed until Friday, July 3rd.
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Thursday 7/2/26
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LEAs
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PSU correction period to correct data files – PSR file must be submitted.
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Friday 7/3/26
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LEAs
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PSU FINAL PSR & MFR data file submission by 4:30 PM.
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Additional MFR Upload – All PSUs
For close out, we will accept and post an additional MFR file so that all PSUs can see any issues that they need to fix in the final week of June. If you wish to participate in this preliminary submission, please submit your MFR by 5pm on June 24. Files received will be posted by noon on June 25th.
Regardless of whether you send a test file on June 24th, all PSUs MUST send final files by 11:59 pm on June 30th.
Year-End DART Report
A new dashboard is now available in DART in the PSU section: "FIN101. Monthly Actions". It consolidates data from several existing reports to help PSUs more easily monitor five critical areas that may require attention as we approach year-end: invalid codes, over-expended PRCs, over-obligated PRCs, days used overages, and salary overpaid exceptions. The report shows the number of items (if any) that require attention in each category. Clicking the number of items in each category will pull up detailed reports needed to investigate further.
EDDIE Year-End
The data in EDDIE must always be current for the current school year. Enter data that will become effective for 2026-2027 beginning July 1, 2026. For more information, please see the EDDIE Year End Memo posted to the SBS EDDIE webpage.
Please work with your PSU's EDDIE administrators to make sure you have a primary and secondary datafile contact for your PSU entered into the system, as well as your PSU's contact for your datafile vendor (Linq, Sylogist, etc.). LEAs must also have a Finance Officer contact. Charters must have a Finance Director (if applicable) and a Director Charter School contact.
Make sure all the staff listed above for your PSU have both a work phone number (including their extension) and a cell phone number. Cell phone numbers will not be made public and will only be visible to DPI. Having a cell number on file is especially important if urgent contact is needed during the close‑out period.
Monitoring and Compliance Updates - All PSUs
Annual Audit Engagement Questionnaire
As a reminder, all PSUs are required to complete the linked Auditor Questionnaire. Thank you to those that submitted their response by the June 15, 2026 deadline. If your PSU has not completed the survey, please do so as soon as possible.Â
This questionnaire verifies that each PSU has engaged, or is in the process of engaging, an independent certified public accountant for the annual financial audit covering the period July 1, 2025 through June 30, 2026, per state financial oversight requirements and audit timelines. New Charter Schools opening for the 2026-27 school year are exempt from this requirement.
If you need additional information, please contact the Monitoring and Compliance team at Monitoring@dpi.nc.gov.
Selection of Audit Firms - All PSUs
The State Treasurer’s office has advised us that they will no longer publish a list of auditors. Each LEA and Charter School is required to have an annual audit. The auditor must be in good standing with the State Board of CPA examiners; an auditor status look up tool is available on the NC State Board of CPA Examiners website. An auditor is selected by the local board, and the contract for the audit is to be signed by the school board chair, the finance officer, and the audit firm.
Once signed, the LEA audit contracts are submitted by the audit firm, to the State Treasurer’s office for approval via the State Treasurer LGC Portal. If approved, the State Treasurer will also sign the contract. LEA Audit Invoices for approved work must be submitted to the State Treasurer’s office for review and approval prior to payment. LEA Auditors can submit interim invoices, up to 75% of the total contact amount for review and approval, prior to completion of the audit. LEA submittals to the State Treasurer’s office need to utilize the LGC File Transfer Portal. Charter Schools are exempt from the LGC submittal process.
Once complete and approved LEA audits are submitted via the State Treasurer LGC Portal. Charter School Audits are submitted via the EPICCENTER tool (information on EPICENTER can be found on the Office of Charter Schools website).
SBS Summer Conference Save the Date and Hotel Group Rate
Our annual summer conference will be Thursday, July 23, 2026. Please hold that date and be aware that it will be at the Embassy Suites in Cary, NC. The conference schedule has been posted to our What's New page. Conference registration is $200 per person from now until June 19th. Late registration begins June 20th at $250 per person. Instructions to register are below:
- Go to our online participant registration portal. DPI Staff planning to attend should register online using our staff registration portal.
- Once you have submitted your registration, you will receive an email confirmation from noreply@dpi.nc.gov (subject line "2026 FBS Summer Conference Registration FBS26"). Be sure to check your spam folder if it does not appear in your inbox. The invoice attached to that email will provide you with your conference code and invoice number, which you will need when submitting your payment.
- Go to DPI's online payment portal if paying online with a credit card. You can also pay via
invoice and check - instructions on how to do so are on the invoice attached to your registration confirmation.
- If you need to cancel or transfer your registration to another representative at your PSU, please complete our Transfer Form.
The discounted Room Block is open and will be available until July 1st, so please jump on those rates and secure your room. Thank you for your continued participation in our conference! We will send out more information in the coming weeks.
Cash Updates
Prior Year Refunds Update - All PSUs
The next processing date for prior year refunds entered into the Cash App will be the week of June 22nd. This will be the final opportunity to return funds to DPI in FY2026.
As a reminder, effective in mid-April the process for returning prior year State funds for overspent PRCs, overspent months used, overspent salaries, and penalties has moved to the Cash App. In order to facilitate a clean transition into the new process, they are no longer available on the Refunds and Repayments Droplet form and SBS will no longer accept manual checks for these refund types. PSUs should continue to use the form and manual checks to return TD-19, IDEA Maintenance of Effort, Questioned Costs, Sales Tax funds, and other state refunds.Â
LEAs can view their prior year overspent State funds and penalties using the "Prior Year Refund" menu in the Cash App. Please contact CashMgt@dpi.nc.gov if you have any questions.
Principal's Monthly Report (PMR) 9 - All PSUs
PMR 9 is due asap. Due to the tight schedule, please submit a ticket directly to Infinite Campus if you're having trouble. Thank you for your help completing this essential report.
From the Office of Digital Learning and School Connectivity
2026-2027 NCED Connect Opt-in Timeline - All PSUs
The 2026-27 NCED Connect Opt-In process will open May 27, 2026 (annual process). The Opt-In deadline is tentatively set as July 31, 2026. Please visit the NCDPI NCED Connect Opt-In website for additional information. The rate will be $1.50 per ADM.
For NEW Charter Schools:
Jennifer Causey will contact you by email ahead of the opt-in window to collect your allotted ADM numbers by grade level. This information is required to finalize your Opt-In profile and complete the process once open.
Deadline Reminders
ALL PSUs
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DUE DATE
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TOPIC
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NEWSLETTER
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06/19/2026
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SBS Conference - Early Registration
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5/29/2026
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06/22/2026 at 4 p.m.
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Final FY26 Cash request date for LEAs and Charters (not Lab Schools) for the final FY26 FRD of 6/26/26.
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04/21/26
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06/24/2026 at 5 p.m.
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Optional additional MFR submission
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05/21/2026
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06/30/2026
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June datafiles due
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04/21/2026
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06/30/2026
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SBS Conference - Hotel Group Rate expires
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04/16/2026
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06/30/2026
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CCIP Formula Application - Substantial Approval for funds obligated July 1
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04/30/2026
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08/31/2026
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CCIP Formula Application - Full Approval
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05/14/2026
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