Time to Set Up the New Fiscal Year

5/29/2024

As we approach June, it’s time to set up the 2024-25 fiscal year and finish out teacher contracts before state deadlines.

Follow along with our resources about the fiscal year rollover:

• Article: Fiscal Year Rollover

• Video 1: Fiscal Year Rollover (Pre July 1)

• Video 2: Fiscal Year Rollover (Post July 1)

Illinois districts should prepare the July and August teacher payrolls in advance to make sure they meet the July 10th deadline.

• Article: TRS Summer Payments

• Video: TRS Summer Payments

Missouri districts will create extra payrolls dated in June 2024.

• Article: Missouri Summer Payroll

For all our brand-new districts, who will launch on July 1, we will discuss these processes with you as you finish up training.

Get started early to make sure you have plenty of time for questions!

The Common Goal Team