Approval Process

As part of the application and reboarding process all FRNYC schools will submit a budget aligned to their school needs and implementation plan. This budget will be approved by the central FRNYC team, and any requests for clarification or modification will be made in advance of funds being shared via a SAM in early June.

All scheduling and spending of the allocation must be aligned with the budgets approved. Schools and the Division of School Leadership (DSL) Budget Directors will receive a copy of these approved-budget plans to guide the scheduling of items in Galaxy and the use of the funds. All Budget modifications must be requested and approved by the FutureReadyNYC team within OSP by sending an email to futurereadynyc@schools.nyc.gov articulating proposed modification(s) and rationale before changes can be made in Galaxy.

Spend Down

Schools are encouraged to use this funding as specified above, with the understanding that it is launch funding.

  • Open hiring will begin April 19 and conclude in August. Schools are encouraged to work with their budget directors to schedule funds as soon as they are available.
  • The central purchasing calendar will be shared as soon as it is available.
Record Keeping

Your school will need to follow a few steps to ensure it is keeping accurate records.

  • Schedule funds in Galaxy upon receipt (expected in June)
  • Match hiring posting to budget templates
  • Apply for per session postings for the summer
  • Create purchase orders with other than personnel (OTPS) funds
  • Continue to post per session postings for school year

In an effort to provide effective fiscal oversight, schools should work with their designated DSL Budget Director and Procurement Analysts to commit and spend their allocated funds as per their approved budget plans. The OSP Budget and Operations Team will conduct bi-monthly expenditure reviews to ensure that funding is being used for the stated purposes and is on target for 100% utilization. FRNYC schools that do not follow allowable funds use may be subject to suspension or rescission of funds tied to implementation of this pilot.