Period H Financial Expenditure Per Pupil Categories (EPP) Report

We have received some requests recently where auditors are asking for the Period H Financial expenditure per pupil categories (EPP) report. There are only 3 financial reports returned from Period H and none of them is named EPP Report. The 3 reports returned for period 18H appear as follows in the data collector Level 2 Reports for 18H

We found through trial and error that what they are asking for is the Period 18H Expenditure Summary Report By Category. Beginning with FY18 (18H), this report is located in the data collector for your district, as a Level 2 Report, in the closed collections. This data is now in excel format, rather than the .pdf format of previous years. Your district personnel who are proficient with the data collector should be able to retrieve any of these reports for you. Prior to FY18 this report was on the web in the EMIS Reports for Period H, and was stored as Expnd_Amt_By_Cat.pdf. The FY17 Expnd_Amt_By_Cat.pdf and all years prior were actually an EFM report.


ODE On-Site Trainings

As many of you requested, we coordinated two ODE trainings in the month of October. These trainings, given by Leanne Sidley, ODE Area Coordinator of Region 8, were for Excess Costs and Tuition and were well attended. We are in the process of gathering possible dates for Catastrophic Costs training and will send an update once we have gotten those trainings scheduled. If there are other ODE-related trainings you would like us to host, please contact fassnacht[at]neonet[dot]org.


NEOnet SOC1 Report

NEOnet's SOC1 auditor is in the final stages of being conducted by the Auditor of State.  The SOC1 audits for ITCs using and providing eFinancePLUS has added to the complexity of the audit and is taking them longer than expected to complete the report. As soon as the report is released, we will send out an email to notify all of our districts.



ACA Reporting and IRS Penalty Letters – The IRS has begun assessing Shared Responsibility Payments (ESRP) for tax year 2015 and beyond.  This assessment is for employers who either did not meet the Employer Mandate requirements to offer coverage to the required number of full-time employees, or offered coverage that did not meet affordability and adequacy standards under the Affordable Care Act (ACA).  According to an OASBO report, some employers have received the ESRP but may not actually owe a payment due to the complexity of the new law and software and technology issues.  Employers are told to keep in mind that if they have received a Letter 226-J, it is not a tax bill and no payment is due unless the IRS sends a Notice CP 220J.  For more information on this, click this link.



11/08/18              9:00 am to 3:00 pm         eFinancePLUS Fixed Assets Training

11/15/18              9:00 am to 3:00 pm         Fiscal Open Lab

11/20/18              9:00 am to 3:00 pm         Fiscal Open Lab

12/06/18              9:00 am to 11:00 am       USAS Calendar Year End Meeting

12/06/18              1:00 pm to 3:00 pm         USPS Calendar Year End Meeting

12/13/18              9:00 am to 3:00 pm         Fiscal Open Lab

12/13/18              9:00 am to 11:00 am       eFinancePLUS Calendar Year End Roundtable

12/18/18              9:00 am to 3:00 pm         Fiscal Open Lab



Did you know?.....

Benjamin Franklin wanted the turkey to be the national bird, not the eagle.


Fiscal Update