Overview of tax terminology, levy components, and timelines. The majority of the session includes how to budget property tax revenue and perform year-end reconciliations on property tax revenue.
The SEC has provided a temporary exemption for Municipal Advisors to conduct private placement bond transactions. This may provide benefits in certain situations for school districts looking to issue debt.
Andre Prahl from MDE starts off the session with a short presentation on CARES funding, and then the session opens up for questions and conversation about this topic, and other topics of interest.
Based on MDE guidance, the transportation scenarios for school this fall could pose some of the biggest challenges for districts. Representatives from the Minnesota Association of Pupil Transportation (MAPT), along with several Business Managers, will share their plans, considerations and questions for the fall transportation scenarios.
A good understanding of anticipated year end results is vital to effective financial planning for a school district. The annual audit should not present surprising results. Monthly tracking of the budget provides a good understanding of the anticipated year-end financial position of the district and sets the stage for meaningful dialogue about the financial future of the school district. This session will present ways to track budget performance to effectively predict year end fund balances
Is it better to have employees retire at age 55 or continue working 40 years to age 66? Adding 403(b) auto-enrollment will prepare employees for retirement closer to age 55, while costing the district -0- . Proposed legislation will require auto enrollment for certain plans. Looking forward to Answering questions about Auto Enrollment including sample language.
