Special Education Listserv
Subject: May FY13 Payment for High Need Fund (HNF)
Source: Special Education Finance
Intended Audience: Special Education Directors, Financial Administrators
Date: May 6, 2013
The remaining payment for the High Need Fund (HNF) will be made in the May school payment. The payment will include both state and federal funding. Districts may view the FY13 HNF payment amounts at: http://dese.mo.gov/divspeced/Finance/HighNeedIndex.html. The state funded portion will be listed under revenue code 5381 and the federally funded portion will be listed under revenue code 5437 in the payment transmittal. Districts that receive a portion of the May HNF payment from federal funds must either complete a journal voucher within three days of receipt to tie these federal funds to a special education expenditure or expend them within three days of receipt on a special education expenditure. Further federal guidelines and resources are located at: http://dese.mo.gov/divspeced/Finance/FiscalMonitoring.html.
If you have any questions, please contact the Special Education Finance Section at (573) 751-0622 or by email at email@example.com.