[SchoolFinance] Cash basis

[Heather Reale]

Can you share how you set that up in your system? In the payroll system we
have positions that are in a prior fiscal year while you are in a new
fiscal year?

*Heather A. Reale, MBA, Finance*
Director of Finance
Wells-Ogunquit Community School District
hreale at wocsd.org
207-641-6909


On Tue, Apr 8, 2025 at 10:44 AM Sandra P <spadham at aos94.org> wrote:

> Technically I do, but the auditors always make a note that my fund balance
> is overstated due to this ongoing process.
>
> Sandy
>
> On Tue, Apr 8, 2025 at 10:17 AM Cathy Coffey <ccoffey at wiscassetschools.org>
> wrote:
>
>> Hello,
>>
>> I am interested in hearing if any school systems still use the cash basis
>> for budget and operations, and  do not budget to cover summer salaries with
>> the previous fiscal year revenue.
>>
>> Thank you,
>> Cathy
>>
>> --
>> Catherine Coffey, Business Manager
>> Wiscasset School Department
>> cell phone   207-578-2293
>>
>> _______________________________________________
>> SchoolFinance mailing list
>> SchoolFinance at maillist.informe.org
>> http://maillist.informe.org/mailman/listinfo/schoolfinance
>
>
>
> --
> Sandra Padham
> Business and Finance Manager
> 207-924-6000 ext 2324
> _______________________________________________
> SchoolFinance mailing list
> SchoolFinance at maillist.informe.org
> http://maillist.informe.org/mailman/listinfo/schoolfinance
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