SMART Finance Related News
MDE has updated the COVID Funding summary document that includes the latest finance dimensions. This document is very helpful sorting out the UFARS requirements for COVID financial reporting. Pay particular attention to the required course numbers for grants that cross fiscal years. Covid Grant accounts are good for only 1 year. New accounts need to be built with new course numbers each year. Here is the link for the MDE page that has the document: Federal Relief Funds (mn.gov). After clicking on this link, scroll to the bottom of the page and click on the heading below with the red arrow. Soon, Region 1 will be reviewing all Covid Grant accounts for course number accuracy. We will shut off all accounts not being used and contact your district for changes need to be made.