Complete Year Form For Free

hello I'm Sarah Moore monarch and consultant with the infant and toddler connection of Virginia and listening today I have talisha with been monitoring compose and also with an infant and toddler connection of Virginia in this tutorial we will cover completing the columns on the budget form for the nick year and end of the year expenditures these are captured under 1st and 2nd half of the fiscal year I will cover completing the new year sections and then Felicia wood then we'll discuss data entries for the second half of the year when you look at the new year expenditures column on your budget form it is column F actual expenditures these are expenditures and revenues that come from July 1st through December 31st of the fiscal year to begin completing this section you begin with section a column F perception a column F you're going to report the total amount expended by the local lead agency for each budget line item during the reporting period this includes payments that were made during the reporting period for services that may have been delivered prior to this period when calculating percentages of expenditures that are based upon a salaried employee who provide multiple service types you divide the amount expended against that employees average provisions for these services so if we use an example of employee whose annual salary and benefits total $40,000 we start by dividing that and the mid-year point by 1231 should be 20,000 so if this person spends ten percent of their time in assessment for service planning then we would expect to see under assessment for service planning $2,000 in the mid-year column if they spend 20% of their time and Developmental Services you would put 8,000 in the Developmental Services column if they spend their remaining 70% of their time and service coordination then for service coordination you would designate the remaining $14,000 once you've completed section a you begin with section D in Section D revenues by force you're going to be working in column C actual revenues 7 1 through 12 31 of the fiscal year here you're going to report the total income by the specific source during the reporting period regardless of the date of service be sure to record the actual amount received after recording the actual revenue that you received in column C then you will go over to column D and in column D you're going to report the actual expenditures broken down by revenue source for the reporting period regardless of the date of service section a breaks down your mid-year expenditures by B expenditure categories section B breaks down your mid-year expenditures by the reimbursement source your total in column F line 47 must match the total in column D line 67 be sure the data entered in the mid-year columns reflects the actual amount expended or received it is not realistic that all amounts entered would be half of the amount budgeted it is also the responsibility of the local system manager to compile data from contract...