Merced County Office of Education

 

​​​​​​​​​​​​​​​​​​​Financial Services, External

Cecilia Belmontes, Director​​

District Services provides fiscal assistance and oversight for 20 school districts in Merced County with General Fund budgets ranging from $1,100,000 to $130,000,000.

Financial Services:

  • Provides AB1200 fiscal oversight and guidance in all areas of budgeting and accounting.
  • Approves/disapproves district budgets and Interims.
  • Contracts with smaller districts to develop interims, budgets, and year-end financial reports required by the CDE.
  • Contracts temporary fiscal services until replacement is found.
  • Trains new CBOs in budget development, various business processes, and year-end closing.
  • Reviews salary/benefit settlements.
  • Provides regular CBO meetings.
  • Acts as a liaison to CDE on behalf of districts.
  • Collects, reviews, and submits all attendance and tax data on behalf of districts.
  • Prepares Local Control Funding Formula (LCFF) estimations.
  • Assist with Federal financial reporting requirements.
  • Distributes fiscal information from Department of Finance, FCMAT, CDE, SSC, Worker's Compensation JPA and outside vendors.
  • Assists in cashflow preparation.
  • County Planning Department liaison for developer fee invoicing.
  • Provides professional development workshops.
  • Audits and processes all accounts payable in conjunction with County Auditor's office. 
  • Performs AB139 audit requirement by facilitating audits of cash disbursements, cash receipts and revolving cash.​