MSBO: Michigan School Business Officials
Effective Leadership in the 21st Century

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School Finance

Welcome to MSBO’s school finance resource page. We try to provide the information you need, but ask that you let us know if you can't find what you're looking for. Please forward any questions or comments to David Martell at dmartell@msbo.org. Thank you.

403(b) Information

403(b) Tax-Sheltered Annuities Information, including new IRS model plan language. (11/28/07)

Dynamic Budget Projections

Dynamic Budget Projections Version 2008 is now available. DBP is an exciting new tool offered by MSBO for school districts to use for financial forecasting. The program was designed exclusively for Michigan school districts and is available for purchase only through MSBO. It is a financial model that provides multi-year budget projections in an Excel template.

Fund Balance Information

  • Fund Balance, Current Operating Expenditures, and Fund Balance as a percent of COE for the years 1990 through 2008 in an Excel spreadsheet (prepared by MDE). (4/13/09)
  • MSBO guidance (pdf) on the establishment and use of fund balance, also known as fund equity.

GASB 34

Headlee Override Ballot Information

  • Suggestions for describing a Headlee election to voters (pdf) as provided by Charlotte Public Schools. Bob Thrun, Thrun Law Firm, P.C., reviewed and blessed this presentation. Politicized words have been removed. Information was printed on a 3 x 5 card for easy distribution. You will need to insert your own factual information. See your election attorney for help. For more information, e-mail Don Sovey, Charlotte Public Schools. (4/5/07)

Health Insurance

Homeland Security Grant Information

MPSERS

Policies & Procedures

Resources

  • Public Surplus, a Web-based auction site. MSBO is a lead agency and Michigan districts receive a discounted fee when an item sells.

School Employment Law Manual

MSBO partnered with Miller, Canfield, Paddock and Stone P.L.C. to offer a Michigan School Employment Law Reference Manual. It is designed especially for use by MSBO members. The Manual is on a searchable CD and will be updated annually. The price is $100 and can be ordered at any time using the Order Form or by purchasing online.

School Accounting Manual

School Aid Act and Revised School Code

School Budget Information

Letter to Board Presidents and Superintendents regarding action on school funding. (2/27/07)

Uniform Budget and Accounting Act

School Budget Crisis

State Budget/Revenue/Expenditure

Sinking Fund

Surveys

Task Calendar

Universal Service Funds (USF)

Miscellaneous

School Finance-Related Links


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MSBO
MICHIGAN SCHOOL BUSINESS OFFICIALS
1001 Centennial Way, Suite 200   Lansing MI 48917-9279
(517)327-5920   Fax: (517)327-0768   msbo@msbo.org


Several documents on the MSBO web site are in PDF format. You will need to
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