The Local Finance Reporting Office is responsible for
developing, collecting, reviewing, evaluating, editing, reporting, and
publishing local schools systems financial data. It administers the
automated financial reporting system (the Annual Financial Report and
Grant Reporting System) to serve the purpose of answering State and/or
federal surveys in the form of special projects or reports. This office
also administers compliance with Maintenance of Effort requirements
(MOE) under the Bridge to Excellence, makes determinations on
eligibility for Nonrecurring Cost exclusions from MOE calculations, and
provides support to the Master Plan review process. The responsibilities
also include providing guidance to the 24 Maryland school systems’
staff regarding accounts classification and grants reporting procedures;
assisting the school systems’ staff to ensure reporting deadlines are
met; administering the usage of the Grant and Annual Financial Report
System by providing training to users of the system; and compiling,
reviewing, and publishing the annual Selected Financial Data on the MSDE
website.
Contact Information
Diane Naparstek, Chief
Local Financial Reporting Office
Maryland State Department of Education
200 West Baltimore Street
Baltimore, MD 21201
Phone: 410-767-0905
Fax: 410-767-767-2232
Email: diane.naparstek@maryland.gov
