1. Exceptional Children Finance Update NC Department of Public Instruction Exceptional Children Division June 22, 2012

2. Today’s Topics State funding Federal funding Proportionate share Funding applications Maintenance of Effort Sequestration

3. State Funding Planning allotment based on 12/1 child count Actual allotment based on 4/1 child count State allocations must be made 10 days after the Governor signs the budget, but not prior to 7/1

4. Federal Funding Planning allotment based on $292,375,772. which is $13 million less than 11-12. Actual allotment will be adjusted based on available carryover funds.

5. Proportionate Share Time and Effort documentation is required beginning 7/1/12 Time and Effort documentation is required beginning 7/1/12 Semi-annual certification for single cost objective Semi-annual certification for single cost objective PAR for multiple cost objective PAR for multiple cost objective

6. Special Funding Applications All applications available by 7/1/12 All applications available by 7/1/12 Changes with Risk Pool and Developmental Day Changes with Risk Pool and Developmental Day

7. MOE 4 methods: Local only State and Local Local only per child State and Local per child It’s about EXPENDITURES! Check your 11-12 MOE today!

8. Sequestration Sequestration is the cancellation of budgetary resources. Without Congressional action, this automatic spending reduction is scheduled to take place 1/2/13. IDEA (611 and 619) could be reduced by 7.8%

9. QUESTIONS???? Laura H. Snyder laura.snyder@dpi.nc.gov 919-807-3992 laura.snyder@dpi.nc.gov