shortcut to content
State Aid and Financial Planning Service
News Headlines

State Aid Claim Forms and St-3 Financial Report Due No Later than 10/27/14 - October 22, 2014

The SED State Aid Office has determined that the last day to complete the initial submission of the ST-3 and the State Aid Claim Forms ( A, FT and FB) for State Aid claim year 2014-15 is Monday, October 27, 2014. SED needs this data from all school districts to create the 11/15/14 State Aid Database. That database will be used to generate the 2015-16 Executive Budget Aid projections, calculate actual 2014-15 State Aid allocations and prepare official 2014-15 State Aid Output Reports. READ MORE>>

 

"STAC Talk" Recorded Session - October 20, 2014

If you missed the live webinar, the recorded session of "STAC Talk" is now available online. Also, the presentation is available for download. VIEW RECORDED SESSION >>

 

Interest Rate for Transportation Capital Expenses for the 2014-15 Aid Year - October 16, 2014

The calculated statewide average interest rate based on bus borrowings between 7/1/13 and 6/30/14 is: 1.375%. READ MORE >>

 

Final Building Aid Statewide Average Interest Rate - October 16, 2014

SED recently posted the final statewide average interest rate for Building Aid. The rate, which is based on debt incurred by districts between 7/1/13 and 6/30/14, is 2.250%. This rate will be used to calculate assumed amortizations of prospective projects with a Commissioner's approval date between 7/1/13 and 6/30/14. The rate will also be used on a preliminary basis to calculate assumed amortizations of prospective projects with a Commissioner's approval date between 7/1/14 and 6/30/15. https://stateaid.nysed.gov/build/html_docs/statewideaverage_101514.htm

 

"Coffee Talk" Recorded Session - October 15, 2014

If you missed the live webinar, the recorded session of "Coffee Talk" is now available online. Also, the presentation is available for download. VIEW RECORDED SESSION >>

 

Recalibration of Interest Rates Affecting Building Aid for 2015-16 - October 14, 2014

Education law requires the Commissioner to revise the assumed amortization schedule for remaining debt service payments for outstanding principal and interest at the end of each 10 year segment of an assumed amortization for Building Aid if the current interest rate is at least one quarter percent (.25) lower than the original interest rate for the assumed amortization. The law specifies that the adjustment applies to retro and prospective assumed amortization projects and to all school districts in the State. READ MORE >>

 

Thank You! - October 6, 2014

Thank you to all who participated in our online survey regarding the Fall 2014 Workshop Series. We appreciate you taking the time to provide your input to the State Aid & Financial Planning Service. Your responses are greatly valued and will help us improve our workshops.

 

New Webinar Software (Adobe Connect) – Coming Soon - October 1, 2014

Starting with next month’s Coffee Talk Webinar, the State Aid & Financial Planning Service will be switching from Blackboard Collaborate’s webinar software to Adobe Connect. READ MORE >>

 

2013-14 DCERT/DSPRV Extension Period Ends September 30, 2014 - September 29, 2014

Districts have until September 30, 2014 to add missing or replace existing 2013-14 school-age 10-month private placement certifications (DCERT). Districts may also add or amend existing 2013-14 10-month school-age private placement approval requests (DSPRV) with the actual start date of service, regardless of the date of an existing 2013-14 DCERT (only through September 30, 2014). READ MORE >>

 

Independent Audits are Due October 15th - September 26, 2014

This is to remind you that the Independent Audit is due to SED by October 15th. CLICK HERE >> to read the additional procedures the district must follow.

 

"Coffee Talk" Recorded Session - September 24, 2014

If you missed the live webinar, the recorded session of "Coffee Talk" is now available online. Note: Please fast-forward from 49:03 - 1:12:15 due to technical difficulties. There is no content during that time. Also, the presentation is available for download. VIEW RECORDED SESSION >>

 

2014 Fall Workshop Evaluations - September 23, 2014

Thanks to everyone who participated in our Fall 2014 Workshop Series. If you attended one of our workshops this fall, please take a moment to fill out our online workshop evaluation. Your feedback is greatly appreciated: WORKSHOP EVALUATION >>

 

Recorded Blackboard Session on Fall 2014 Workshop - September 22, 2014

If you were unable to attend one of our Fall Workshops, and missed the live webinar this morning, the recorded session is now available online. VIEW RECORDED SESSION >>

 

Staff Update - September 16, 2014

State Aid and Financial Planning Service would like to welcome our newest team member, Dana Dever. Dana will be working as State Aid Planning’s new Operations Manager. Dana will be working out of our main office at Questar III BOCES and can be reached at 518-477-2635 or dana.dever@questar.org. We hope that you will help us welcome Dana to her new position.

 

2014 Fall Workshop Materials - September 4, 2014

The 2014 Fall Workshop materials are now available on our Workshops page. See the following link referenced in our PowerPoint:

Property Tax Freeze Guidance from NYS Department of Tax and Finance: http://www.tax.ny.gov/pit/property/property_tax_freeze.htm

 

ERS Employer Pension Contribution Rates For Fiscal Year 2015-16 - September 4, 2014

The New York State Employee Retirement System (ERS) released employer contribution rate (ECR) information, impacting the 2015-16 school budget. We recommend that you share the information with your Board of Education and public as the district develops the 2015-16 budget. READ MORE >>

 

"STAC Talk" Recorded Session - September 2, 2014

If you missed the live webinar, the recorded session of "STAC Talk" is now available online. Also, the presentation is available for download. VIEW RECORDED SESSION >>

 

 

MORE NEWS>>