School District/ Joint Agreement Budget
Form - FY09
Laws effective July 1, 2008 for School Districts / Joint Agreements: New Rules
The provisions of (23) Illinois Administrative Code – Part 100 become effective July 1, 2008 (FY2009). The new requirements for accounting, budgeting, financial reporting and auditing address many of the same issues as in the past. They will eventually replace both Part 110 (Program Accounting Manual) and Part 125 (Student Activity Funds and Convenience Accounts). The Fiscal Year 2009 School District/Joint Agreement Budget forms reflect these new rules. The following is a link to Part 100 and related information: http://www.isbe.net/finance/htmls/rule_changes.htm
New Rule (23) Illinois Administrative Code – Part 100
New requirements for accounting, budgeting, financial reporting and auditing effective July 1, 2008 (FY2009). The Fiscal Year 2009 School District/Joint Agreement Budget form reflect these new rules. See links at the bottom of this page for more information.
School District Budget Form (FY2009) must be electronically filed to Illinois State Board of Education (ISBE) by October 31, 2008
The School Code, Section 17-1 (P.A. 94 – 0234)
School Districts should pay close attention to the deadline date for submitting the electronic FY2009 School District Budget Form in the excel spreadsheet to ISBE by October 31, 2008. The School Code, Section 17-1 (105 ILCS 5/17-1)) requires school districts to electronically submit the adopted annual budget to ISBE; and also requires school districts who adopt an unbalanced budget in the operating funds to complete a Deficit Reduction Plan to balance the budget within three years. The Joint Agreement Budget Form 50-39 is excluded from this state filing requirement and should be filed locally as determined by the provisions of the joint agreement.
Note: Joint Agreement entities are excluded from the electronic budget filing requirement.
Cover LETTER for FY 2009
Budget 
INSTRUCTIONS
for FY 2009
School District Budget Form:
FORM, 2009  - Open budget here and choose "Save As" to download.
(When downloading, reply "yes" to enable macros.)
2009 School District Budget Form Corrections:
- May 1, 2008 Update - To correct formula error on page “EstExp 11-19”, line 130 "Other Payments to In-State Govt. Units (Describe & Itemize)".
- May 29, 2008 Update - To correct open line on page “EstExp 11-19”, line 228 – Tort Immunity Service. The line was hidden to eliminate the account.
- August 4, 2008 Update - To correct formula errors on page “DefReductPlan 22-26”, cell E7-Transportation Fund and cell F7-Working Cash Fund, Estimated Beginning Fund Balance.
- August 28, 2008 – Corrected the wording on page “EstExp 11-19”, line 157, Debt Service Other (Describe & Itemize).
Corrected the wording on page “Budge Sum 2-3”, line 64, Transfers to Debt Service Fund to Pay Principal on ISBE Loan
- September 1, 2008 - Updated to close an open cell on page "BudgetSum2-3", line I-63 Working Cash Fund, Transfer to capital Projects Fund (8800).
SUBMIT BUDGET via ISBE
ATTACHMENT MANAGER to "School Financial Reports
Group"
Joint Agreement Budget Form:
FORM, 2009 - Open budget here and choose "Save As" to download.
(When downloading, reply "yes" to enable macros.)
2009 School District and Joint Agreement Budget Form Corrections:
- April 30, 2008 Update - Fixed printing issues and page numbers
School District Budget Historical Archives
Historical
Archive—Financial Reports
Additional Help Guides
Mechanics of the School
District Budget
The School Code, Section 17-1 (P.A. 94 – 0234) requires all school districts to file electronically, their adopted budget by no later than October 30, annually.
http://www.ilga.gov/legislation/publicacts/fulltext.asp?Name=094-0234&GA=094
The School Code, Section 10-20.21 (P.A. 94 – 0714) requires all school districts to file electronically, their report regarding “Vendor Contracts” annually within the budget.
http://www.ilga.gov/legislation/publicacts/fulltext.asp?Name=094-0714&GA=094
Updated IPAM
IPAM Listing
Posting the budget to your school
district web page
Detailed instructions for converting
budget to .pdf
You may be asked for a user name and password for the download.
Check our Troubleshooting
page for alternatives to receiving the Budget.
NOTE: Joint Agreements are NOT required to submit
any portion of their budget to ISBE. |
