July

• July 15 : Submit Current Year Budget to DEED

• Submit Quarterly Grant Reimbursement

• Submit Final Grant Reimbursement (FER)

• File Quarter 2 Form 941 / 941B

• File Employment Security Tax

August

September

October

• 20-Day OASIS Count Period

• Distribute/Collect Impact Aid Survey Forms
  (if applicable to your district)

• October 15 : Submit Prior Year Audit to DEED

• Submit Quarterly Grant Reimbursement

• File Quarter 3 Form 941 / 941B

• File Employment Security Tax

November

December

• Governor’s Budget is Released (December 15)

• Per Pupil Expenditures (PPE) (December 15)

• Indirect Cost Calculation (December 31)

• Begin Budget Process for Next Fiscal Year

January

• Submit Quarterly Grant Reimbursement

• File W2 / W3 with IRS

• File Quarter 4 Form 941 / 941B

• File Employment Security Tax

• Forecasted Unreserved Year-End Operating Fund Balance (HB76 makes this due through FY2025)

• January 31 : Impact Aid Application Due

February

March

• File 1095-B / 1095-C

April

• Submit Quarterly Grant Reimbursement

• File Quarter 1 Form 941 / 941B

• File Employment Security Tax

May

• May 1 : Submit Budget, for the following school year, to City/Borough as per AS 14.14.060(c)

June

• Begin fiscal year-end processes

  • Prepaids, Inventory, Accruals

Bank Reconciliations

Verify/Correct Grant-Related Expenditures

Close the Prior Month

File 941 / 941B with IRS

File Employment Security Tax with State of Alaska

Submit Grant Reimbursements

File Forms W2 / W3

File Forms 1099 / 1096

File Forms 1095-B / 1095-C (if applicable)

Submit Final Grant Reimbursement (FER)

Submit Budget for the following school year to City/Borough by May 1 as per AS 14.14.060(c)