Financial Management assists school districts, charter schools, and cooperatives with business office management, budgeting, accounting, and reporting; advises policymakers on financial management issues; administers the Uniform Financial Accounting and Reporting Standards (UFARS); and analyzes school district data.

Minnesota Department of Education Finance staff consult, approve and monitor plans to eliminate statutory operating debt for school districts, charter schools, and cooperatives. This section also collects and reviews all financial audit data from districts, charters, and cooperatives and administers the Minnesota Credit Enhancement Program.

Visit the Data Center: School Finance Spreadsheets for Financial Profiles and Indirect Cost Rates. 

 

• Transfer of Funds FAQs for Early Childhood Family Education and School Readiness Programs - 6/10/20
  
• Guidance for Transfer of Funds - 6/9/20
  
• Request for Fund Transfer - 6/9/20
  
• Summary of Audit Requirements FY 2020 Audits - 4/28/20
  
• 2020 Senior Class Fund Guidance - 4/24/20
  
•  - 11/18/19
  
• District Revenues and Expenditures Budget for FY 2019 and FY 2020 - 9/6/19
  
• GASB No. 84 Fiduciary Activities - Q&A - 5/31/19
  
• Charter School Audit Exception Summary - 10/5/17
  
•  - 9/1/17
  
• FY 2014 – Changes to Charter School Reporting Requirements - 10/1/14
  
• Corrective Action Plans - 7/10/12