The NJ Department of Education (NJ DOE) is requiring that sick and vacation day payouts for the 15/16 fiscal year be posted to the new expenditure accounts as per this DOE notice, and the Summary of Line Item Changes. Please take a few moments to ensure that your payments are reclassified to the proper individual function with the proper object codes, 199 for vacation days (Example:11-000-230-199) and 299 for sick day payments (Example:11-000-291-299).
Since many schools have not budgeted funds in these new accounts, budget transfers will be necessary.
As always, if you have any questions or need assistance, please don’t hesitate to contact us. Learn more about BKC’s services for Governmental Entities.