Various state agencies make payments on behalf of school districts for the employer’s portion of Health Benefits, Kentucky Teachers’ Retirement System (KTRS), technology, debt services, and Kentucky Inter-local School Transportation Association (KISTA) energy savings capital leases. Districts issue federal reimbursement payments to the Kentucky Department of Education (KDE) for the employer’s portion of health benefits that were initially paid by the department for federally funded district employees.
The initial “On Behalf Payments Summary Report FY2015-2016” is posted below and does not include the FY2016 KTRS On Behalf Payments. Please use this report to record the FY2016 On Behalf Payments in the FY2016 Unaudited AFR prior to submitting the Unaudited AFR to KDE. According to Mark Whelan, at KTRS, the FY2016 KTRS On Behalf Payments will be available on the KTRS website in September 2016. Therefore, the FY2016 KTRS On Behalf Payments are required to be recorded only in the FY2016 Audited AFR. KDE will post a revised “On Behalf Payments Summary Report FY2015-2016” consisting of the FY2016 KTRS On Behalf Payments once the payments are available.
The FY2014 and FY2015 documents entitled “On Behalf Payments Summary Report” consist of the districts’ combined on behalf payments paid by the KDE, KTRS, and School Facilities Construction Commission (SFCC). The “On Behalf Payments Summary Report FY2014-2015” document includes the final FY2015 KTRS On Behalf Payment amounts from the Schedule A section of the GASB Statement No. 68 Report for the KY Teachers Retirement System report provided by KTRS.
The FY2012 and FY2013 documents entitled “On Behalf Payment Payroll Related Summary Report” consists of payroll related on behalf payments such as health benefits, federal reimbursement and KTRS.
The “On Behalf Payment Instructions” document is located below that lists instructions for properly recording the payroll related, technology, debt service, and KISTA energy savings capital leases on behalf payments in MUNIS.