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Massachusetts Charter Schools

FY2012 Charter School Audit and End of Year Financial Report

To:Charter School Board Members, Leaders, and Business Managers
From:Charter School Office
Date:October 2012

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In accordance with M.G.L. c. 71, ยง 89, each Massachusetts Charter School shall have its independent audit filed annually on or before November 1 following the fiscal year end. In addition, as described in the Massachusetts Charter School Audit Guide, July 2010 (http://www.doe.mass.edu/charter/finance/auditing/), charter schools are required to electronically file the FY2012 Charter School End of Year Financial Report (12CSEOYFR) on or before January 1, 2013.

The Schedule 7C: Charter School Transportation Expenditures will be collected separately during the fall by the Office of School Finance. Please contact Hadley Cabral at 781-338-6586 or hcabral@doe.mass.edu for more information.

The 12CSEOYFR file for each charter school, is available for download in the Charter School File Exchange Drop Box Outbox in the ESE Security Portal.

Our ability to assess progress toward reaching the goals to reform depends on accurate and timely data collection and reporting. We must be able to rely on the data you report in order to administer state and federal funding programs in a timely manner. Please ensure that your charter school's complete FY12 audit package is submitted no later than November 1, 2012, and the 12CSEOYFR file, is submitted no later than January 1, 2013; this is a statutory deadline which cannot be extended. Complete submission details are outlined below:

Electronic submission to the Department of Elementary and Secondary Education, upload via the Charter School File Exchange Drop Box in the ESE Security Portal

  • One (1) electronic copy of the completed audit report (including management letter, if applicable) in PDF format.
  • One (1) electronic copy of the FY12 Charter School End of Year Financial Report

Hard Copy submission to the Department of Elementary and Secondary Education, mail to:

Massachusetts Department of Elementary and Secondary Education
Charter School Office
75 Pleasant Street
Malden, MA 02148-4906

  • One (1) bound copy of the complete audit package, including management letter and signed Board Acceptance Letter.
  • One (1) signed 12CSEOYFR Certification Statement. Electronic submission to the Office of the State Auditor, email to Thomas.Holak@SAO.state.ma.us:
  • One (1) electronic copy of the completed audit report (including management letter, if applicable) in PDF format.

As a reminder, single audits, if applicable, performed in accordance with the Office of Management and Budget (OMB) Circular A-133 must also be filed with the Federal Audit Clearinghouse. Please refer to OMB Circular A-133 for the federal filing requirements.

If you anticipate or experience problems with timely, accurate completion of your audit report or 12CSEOYFR file, please contact 781-338-3227 or charterschools@doe.mass.edu. Thank you for your cooperation and assistance in providing this very important financial data.



Last Updated: October 23, 2012
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