The MOE compliance calculation for this year should include expenditures made in FUND 266 - the State Fiscal Stabilization Fund as part of the local effort.  The State of Texas used these Federal Funds in lieu of some of the state funding required by the formula funding determined by the legislature.  Click on the links below to get a template provided by TEA for calculating the MOE for NCLB and a slide presentation from TEA explaining these MOE compliance requirements.

Template for Calculating the MOE for NCLB from TEA

Slide Presentation Explaining the MOE Calculation for the 2009/2010 Audit Year

This year the amounts spent in Fund 266 - The State Fiscal Stabilization Fund - should be included in calculating the MOE compliance.  This is because the State of Texas used this federal funding in lieu of some of the state funding provided by the formula funding requirements.  Click on the links below to get the Excel Template provided by TEA and a slide presentation.  Both of these items are available on the TEA website.

Template for Calculating MOE Compliance

Slide Presentation from TEA Explaining MOE Requirements

Click below to download the PDF file of the Department of Education section from the A-133 Compliance Supplement for 2010.

Click here for the Department of Education Section of A-133 Compliance Supplement

We have provided the PDF file of the final version of OMB Circular A-133 2010.

Click here to download the PDF file.

 

GASB 54 requires that fund balance items be accounted for and reported in more categories than the previous reserved, designated and unreserved/undesignated fund balance.  T.E.A. has assigned new codes to accomodate this requirement.  The new designations are Nonspendable (3410-3445), Restricted (3450 - 3490), Committed (3510 - 3545), Assigned (3550 - 3590), and Unassigned (3600).  These new codes must be used beginning July 1, 2010 or September 1, 2010, depending on the district's fiscal year.

Click here for a PDF file of the new T.E.A. codes.