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use
of aid
The statutes (s.118.43(6)(d)) specify that a school
board shall use the aid provided for this program to satisfy the terms
of the contract
1. Budget Reports - The department may ask
that each contract include a proposed budget and that a financial report
be included with each school's year-end program and achievement report.
For DPI annual and budget report purposes, SAGE aid should be accounted
for in Fund 10, Source 650, Project 332.
2. Capital Purchases - SAGE aid may be used
for capital purchases if the expenditure is necessary to allow the program
to be implemented as required in law and is directly related to one or
more of the program requirements or the achievement of the academic performance
objectives contained in the contract. Districts which use any of the SAGE
aid for this purpose will be asked to include a narrative justification
with the annual financial report requested at the end of each program
year.
3. Administrative Costs - SAGE aid may be
used for administrative costs if the expenditure is directly related to
the provisions in the contract or the program requirements. Districts
will be asked to describe in a year-end financial report any administrative
costs paid with SAGE aid and to include a list of any non-instructional
staff members whose salaries were paid in whole or in part with SAGE aid.
4. Carryover - SAGE aid may be carried over
from one fiscal year to the next. Districts will be asked to identify
any funds carried over on a year-end fiscal report and to indicate when
carried-over funds will be spent and for what purpose. All SAGE aid, including
carried-over funds, must be used to satisfy the terms of the contract.
The intent of the members of the task force, on whose
recommendations the SAGE program is based, was that all aid be spent in
the SAGE school and for programs and services directly benefiting the
students, staff members, and community of that school.
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