Kentucky Department of Education

 

School Finance

Last Updated on Saturday, March 01, 2008 at 10:01 PM

School Finance provides support regarding funding, budgeting, accounting, reporting and statewide on-site administrative assistance.  In addition, school finance supports local district employee benefit programs, i.e., health and life insurance and flexible spending accounts; and provides oversight regarding attendance reporting, bonding, leasing and other finance related issues.

 

Field Staff
The Division of District Operations field staff serves as a liaison between local districts and the Kentucky Department of Education.  They respond to districts inquiries as well as provide the technical support necessary to ensure district business operations comply with statutory and regulatory requirements.  They monitor district financial and personnel data ... More


 

Transportation Funding
The Support Education Excellence in Kentucky (SEEK) funding formula includes funds for pupil transportation to and from school. The annual tentative transportation calculation uses prior year district transportation costs and pupil density figures to determine average costs for districts of similar pupil density. This methodology rewards efficiency and provides superintendents and ... More


 

Transportation Funding Forms
Forms pertinent to pupil transportation funding are available for download on this web page.


  Attendance Data
Information on attendance data (Growth Factor, SAAR's, and school calendar information) can be found on this page. 


  Attendance Policies
Information on policies that pertain to attendance.


  Bonds
  This site provides administrative support to the Kentucky school districts with links to the School Facilities Construction Commission Requirements Report and District Debt Service Reports. These reports are used in determining the bonding potential of each school district. This site also provides links to the Bond of Depository and Performance Bond forms ... More


  District Personnel Information
Here you can find information on school district staffing, certified and classified salaries, job descriptions and National Board Certification Reimbursement.


  Financial Information
Financial information is used to ensure the accurate calculation and allocation of various funds to school districts. This information is used to ensure compliance of school district levies, tax rates and the certification process for local school districts.


  Health Insurance
 Information for Local Board of Education Employees   The Department of Employee Insurance (DEI) is responsible for administering health insurance benefits and flexible spending accounts to local board of education employees. Below is a link to the information regarding the Plan Year benefits.   http://personnel.ky.gov/dei/09OE/      


  MUNIS
MUNIS is the financial software package used in all 176 Kentucky School Districts. Instructions and explanations to allow for consistent reporting of required school district financial information are provided.  There are also links to other associated sources.


  SEEK / Tax Rates
This web page contains the most updated SEEK calculations and information.  WEBFORM SUBMISSION Please use the link above to access the SEEK Trend Data Form.  As a result of new enchancements to the SEEK application at the Kentucky Department of Education, beginning October 31, 2008, some forms that were traditionally submitted ... More


For more information contact:

Michelle Sutton
500 Mero Street, 15th Floor CPT
Frankfort, KY 40601
Phone: (502) 564-3846
Michelle.Sutton@education.ky.gov
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