1. Subchapters 16 through 22 Readoption with Amendments
N.J.A.C. 6A:23A, Fiscal Accountability, Efficiency and Budgeting Procedures
Subchapters 16 through 22
Readoption with Amendments

2. Overview of Chapter 23A Chapter set to expire November 25, 2016
Proposing a readoption with only technical amendments.
We recognize substantive changes are needed, and intend to address them in a series of future rulemakings beginning shortly with Subchapter 18 (PSSDs).
Chapter 23A is divided into 2 major sections:
Commissioner has purview over subchapters 1-15
State Board has purview over subchapters 16-22

3. Commissioner & State Board Rules
Subchapters
Subchapters 1 – 15
Commissioner’s Authority
Subchapters include: definitions, ECS duties, school district fiscal accountability, travel policies, budget development & review, and state aid for charter schools.
Process starts at Proposal Level. Requires 3 public hearings
State Board Authority
Subchapters include: GAAP accounting, tuition calculations, student residency, public school contracts, and charter financial operations.
Proposal level estimated for November.
Subject to State Board approval

4. Technical Changes
The Department is proposing only technical changes at this time, which include updates for the following:
Outdated code and statutory references
Titles
Division of Finance = Office of School Facilities & Finance
Department of Education = Department
Terminology
district = school district
school board = district board of education
Terminology & titles changed to remain consistent with GAAP & OMB Circulars
Grammar and punctuation

5. Subchapters 16 – 22 (State Board)
16 – Double Entry Bookkeeping & GAAP Accounting
17 – Tuition Public Schools (school districts & CVSDs)
18 – Tuition for PSSDs
No changes proposed for this section
19 – Emergency State Aid & Residency Determination
20 – Purchase and Loan of Textbooks
21 – Management of Public School Contracts
22 – Financial Operations of Charter Schools

6. Subchapters 1 – 15 (Commissioner’s)
1 – Definitions
2 – Executive County Superintendents (ECS)
3 – Administrator & board member accountability
4 – School district fiscal accountability
5 – Effective & efficient expenditures of district funds
6 – Conditions for the receipt of State aid
7 – School district travel policies & procedures
8 – Annual budget development & submission
9 – ECS budget review procedures
10-12 – Growth limits, waivers, & separate question(s)
13 – Budget Transfers, underestimated surplus and deficits
14 – Reserve accounts
15 – State aid calculations for charter schools