Exceptional ChildrenExceptional Children Finance Update Finance Update

NC Department of Public InstructionNC Department of Public InstructionExceptional Children DivisionExceptional Children Division

June 22, 2012June 22, 2012

Today’s TopicsToday’s TopicsState fundingState funding

Federal fundingFederal funding

Proportionate shareProportionate share

Funding applicationsFunding applications

Maintenance of EffortMaintenance of Effort

SequestrationSequestration

State FundingState Funding

Planning allotment based on Planning allotment based on 12/1 child count12/1 child count

Actual allotment based on 4/1 Actual allotment based on 4/1 child countchild count

State allocations must be State allocations must be made 10 days after the made 10 days after the Governor signs the budget, Governor signs the budget, but not prior to 7/1but not prior to 7/1

Federal FundingFederal Funding

Planning allotment based on $292,375,772.Planning allotment based on $292,375,772.

which is $13 million less than 11-12.which is $13 million less than 11-12.

Actual allotment will be adjusted based on Actual allotment will be adjusted based on available carryover funds.available carryover funds.

Proportionate ShareProportionate Share

• Time and Effort documentation is required Time and Effort documentation is required beginning 7/1/12beginning 7/1/12

• Semi-annual certification for single cost Semi-annual certification for single cost

objectiveobjective

• PAR for multiple cost objectivePAR for multiple cost objective

Special Funding ApplicationsSpecial Funding Applications

• All applications available by 7/1/12All applications available by 7/1/12

• Changes with Risk Pool and Changes with Risk Pool and Developmental DayDevelopmental Day

MOEMOE

4 methods: 4 methods: Local onlyLocal only

State and LocalState and Local

Local only per childLocal only per child

State and Local per childState and Local per child

It’s about EXPENDITURES!It’s about EXPENDITURES!

Check your 11-12 MOE today! Check your 11-12 MOE today!

SequestrationSequestrationSequestration is the cancellation of Sequestration is the cancellation of

budgetary resources.budgetary resources.

Without Congressional action, this Without Congressional action, this automatic spending reduction is automatic spending reduction is scheduled to take place 1/2/13.scheduled to take place 1/2/13.

IDEA (611 and 619) could be reduced IDEA (611 and 619) could be reduced by 7.8%by 7.8%

QUESTIONS????QUESTIONS????

Laura H. SnyderLaura H. Snyderlaura.snyder@dpi.nc.gov

919-807-3992919-807-3992