To ensure that the spending plans Local Education Agencies (LEAs) create to eliminate excess net cash resources in their cafeteria funds are adequate, effective, and fully executed, the California Department of Education (CDE) should, by July 1, 2015, begin requiring LEAs to develop a spending plan, or revise an existing spending plan if it will not fully reduce the entire excess, and submit it to CDE for approval within three months after the end of each fiscal year that their cafeteria funds have net cash resources above the federal limit.
The CDE approved all of the LEAs' corrective actions and continues to monitor each spending plan to ensure that they are adequate, effective, and fully executed to eliminate excess net cash reserves
The CDE continues to ensure that LEAs' spending plans are adequate, effective, and fully executed to eliminate excess net cash reserves. In addition, by July 1, 2015, the CDE will annually require LEAs that report excess NCRs to develop or revise existing spending plans or budget agreements as needed to ensure LEA compliance with the federal cafeteria fund limitations.
Agency responses received are posted verbatim.