School Finance

FY2011-12 Direct State Aid Supported by Education Jobs Fund

Monday, April 30, 2012, 10:49 am

The U.S. Department of Education awarded supplemental funds to the State of Montana under the Education Jobs Fund Program (CFDA No 84.410). The award ($454,107.00) is a supplement to the Education Jobs Fund monies the state received in FY2011 and must be treated in the same manner as the original award. Governor Schweitzer directed the Office of Public Instruction (OPI) to distribute the Education Jobs Fund monies to schools to fund K-12 Base Aid.  The FY2012 April Direct State Aid (DSA) payment may be supported by two revenue sources.  A spreadsheet pertaining to the April 2012 Education Jobs Payment has been posted on the OPI wbsite at the following link:  Click Here.  The report shows the amount of Education Jobs Fund monies fore each school district and contains accounting guidance for these funds.

For more information, contact Janelle Mickelson, 406-444-3249