Attached are the Title I Quarterly Report of Cash Distribution forms to be used for all four (4) quarters of the 2006-2007 school year. The forms are in Excel format and will automatically perform the required calculations. The district will need to copy the quarterly reports from the Commissionerís Communication to the computer of the person responsible for completing the form.
The First and Second Quarterly Reports were listed as due September 15, 2006, but this due date has been extended to October 2, 2006. A district may choose to begin by submitting the Second Quarterly Report, which contains a compilation of all First Quarter expenditures as well as estimated expenditures for the Second Quarter. The Third Quarterly Report is due December 15, 2006. The Fourth Quarterly Report is due April 1, 2007. The reports are to be e-mailed to Patsy.Hammond@arkansas.gov.
In the 2006-2007 school year, the Excel forms provided must be used. The quarterly report must be e-mailed each quarter. A confirmation that the report has been received in readable form will be provided. If there are problems with the form, the district person transmitting the report will be notified by e-mail. No handwritten, typed, or faxed quarterly reports will be accepted.
Use the latest budget amounts when completing Item 1-A Total Budget Needs by Object each quarter. Bookkeepers, check with the Title I Coordinator to be sure the latest approved budget is being used to request funds and to code expenditures. If an amendment/program adjustment is made, the Title I Coordinator needs to provide the bookkeeper with a copy of the amended budget. The Arkansas Computer School Improvement Plan (ACSIP) and Title I budget must be submitted on the web based application for the Department to consider the plan, amendment or program adjustment submitted and to establish the effective date for implementing the plan, amendment or program adjustment. ACSIP will notify the School Improvement supervisor of any amendments or program adjustments submitted. The deadline for submitting the ACSIP plan is October 2, 2006. The deadline for submitting an amendment to an ACSIP plan is April 1, 2007. The program adjustment deadline is June 29, 2007.
To correctly complete the report, note the following:
1. If the district is transferring funds to Title I, include all funds as transfers are made. The transfers are shown on the quarterly report under Item 2: Reconciliation, Part C. Transfers are to be made as the district receives funds from the Title transferring the money. Report transfers in the quarter after the transfers are made or in the Fourth Quarter for transfers made before the end of the fiscal year.
2. After the report is completed save it to the districtís computer so that the report can be transmitted. Keep a copy for the district audit file.
3. E-mail a copy to Ms. Patsy Hammond at Patsy.Hammond@arkansas.gov. Do not try to e-mail the report from the Commissionerís Communication site. It will not transmit. Add the report as an attachment to the e-mail. When the report is e-mailed, confirmation that the quarterly report has been received in readable form will be provided. If the quarterly report is not received in a readable form, the person transmitting the report will be notified.
No later than May 15, 2007, the district personnel should review expenditures from Title I and estimate expenditures for the remainder of the school year. If an adjustment to the funds requested is needed, please make this request no later than June 4, 2007. This will enable the Department to make the additional payment before the end of the fiscal year.
Submit the quarterly report by the deadline date each quarter.
First Quarter October 2, 2006
Second Quarter October 2, 2006
Third Quarter December 15, 2006
Fourth Quarter April 1, 2007
For questions, contact Ms. Hammond at 501-682-4275 or Ms. Annette Carlton at 501-683-1243.