Thursday, April 5, 2018 3:00 p.m. to 5:15 p.m.
Facilities Accounting 101 and Facilities Accounting 201 (FAC14 and FAC15)
Is your school district beginning a new local local bond program? Has your school district already begun and in the midst of a local building program using both local bond and State funds? You’ll want to be certain and participate in the Facilities Accounting 101 and 201 workshops! These workshops provide the foundation for exploring the challenges and providing solutions related to accounting and facilities planning for a multi-year, multi-fund school building program. You will learn how to establish a realistic project budget, manage the budget throughout the project life while being proactive with the funding and related expenditures. Participants will leave the session knowing how to better bridge the challenges of fiscal services with the nuances of facilities accounting as it differs from other district accounting efforts.
Friday, April 6, 2018 – 4:00 p.m. to 5:00 p.m.
School Facility Program New Audit Guidelines: What Do They Mean for You? (FAC23)
Is your school district participating in the State School Building Program? Are you and your facilities/accounting team aware of and prepared for the new audit guidelines associated with the funding program? Due to Assembly Bill 99’s enacted which resulted in recent changes to the School Facility Program (SFP) audit process, this workshop is a MUST ATTEND! Lettie Boggs, a recognized expert in the SFP program due to her keen understanding of both facilities and the financial aspects of the program, is one of the architects in the re-crafting of the SFP audit guidelines. In this workshop, the panelists will discuss these changes and provide you with an overall update on the new SFP audit requirements and an overview of the upfront agreement. You’ll also hear from external audit firms about the things they will be looking for during an SFP audit. Lettie and panelists will share allowable and unallowable expenses, challenges that school districts will face, how to effectively report on your 50-06, and ways to set up the budget and expenditure coding, among other things.