Page 119 - HCSD SOPandIC Manual

3. The FPD and principals work together to plan the expenditure of carryover funds in a timely manner,
ensuring that the plans are based on current needs and data, and planned expenditures are allowable,
reasonable, necessary and allocable. The DoFPs will make the necessary revisions, if required.

4. Carryover funds will be expended first for common activities across funding years. i.e., professional
development, equipment, instructional supplies, parent activities, etc.

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5. The FPD will review final expenditures made from the carryover funds as of June 30 of the current
fiscal year (the end of the school district’s fiscal year) to determine if a revision will be needed in order to
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have all funds expended/obligated by September 30 of the upcoming funding year.

6. ESSA requires that all equitable share funds for private/non-public school(s) be spent in the current
funding year. The FPD, through meaningful consultation, will meet with private school officials during
the second semester of the current funding year to develop plans to expend/obligate the entire Title I
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equitable share allocations by September 30 of the current funding year., as practicable.

Waiver
The MDE has the option of waiving the 15 percent limitation for a district, once every three (3) years.
The district must request the waiver and the MDE must determine if the request is reasonable and
necessary, or that supplemental appropriations had become available in the year.

Note: The 15 percent carryover does not apply if HCSD receives less than $50,000.00 in Title I funds.

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