OCFS-2200. District of Fiscal Responsibility

Form OCFS-2200, District of Fiscal Responsibility is a form used by the New York State Office of Children and Family Services to assess the fiscal responsibility of a district. The form is used to assess the financial responsibility of a district and is designed to ensure that the district meets the standards of fiscal responsibility of the state. The form is divided into several sections, including the district's financial information, its budget, and its financial management systems.

The parties involved include the district, the State Office of Children and Family Services, and the state's Department of Education. The financial information section includes information such as the district's total revenue, total expenditures, and total assets. The budget section includes information such as the district's projected revenue, estimated expenses, and budgeted expenditures. The financial management system section includes information such as the district's internal control measures, financial reporting, and financial management procedures.

Important fields in this form include the district's financial information, budget, and financial management system. The form also requires the district to provide any additional information that may be relevant to the assessment. Specific instructions are provided on the form regarding the accuracy of the information provided and its importance.

An example scenario where the form would be used is when a district is applying for state funding. The form is used to assess the fiscal responsibility of the district and to determine whether the district meets the requirements for state funding. The benefits of using the form include ensuring that the district meets the standards of fiscal responsibility of the state, and providing the state with the necessary information to make an informed decision about the district's financial situation.

Additional documents that may be needed when completing the form include the district's financial statements, budget documents, and other financial information. Related forms that may be used for similar purposes include the OCFS-2100, District of Financial Stability, and the OCFS-2150, District of Financial Audit.