New Jersey Department of Education

Skip to Main Content

DOE A to Z: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

School Finance

Revisions to the 2016-17 Audit Program

Select the pages referenced below to print the revised pages to the Audit Program.

The pages listed below from the Fiscal Year 2017 Audit Program have been revised to reflect changes related to the following:

Document Name/Page	Date Revision Posted	Description
II-20.3 II 20.3a II 20.3b	July 27, 2017	Included link to the 2016-17 Memo and reimbursement form. Revised pages to reflect the actual 2016-17 pension rate for the Teachers' Pension and Annuity Fund (TPAF) and Social Security reimbursement.
I-5.1 I-5.4	August 3, 2017	Revised pages to reflect updated maximum thresholds for bids and quotations per LFN 2015-20, effective July 1, 2015.
TPAF On-Behalf	August 8, 2017	Included in the reporting of TPAF on-half payments for the 2016-17 year is a new column (column 7), titled "Long Term Disability Insurance Premium (LTDI)." This column reports payments made by the State of New Jersey on behalf of eligible Tier 4 and Tier 5 TPAF members. As an alternative benefit, Tier 4 and Tier 5 actively contributing members of TPAF are eligible for employer-paid long-term disability insurance coverage. Ordinary or Accidental Disability Retirement is not available to members enrolled in Tier 4 or Tier 5 of the TPAF. The amount reported on this column will be presented in Schedule C-1 of the financial statements Revenues from State Sources, TPAF - LTDI (On-Behalf and Non-Budgeted) and Total On-Behalf Contributions TPAF-LTDI (On-Behalf and Non-Budgeted) and will also be reported on Audsum lines 513 and 72061. State Aid Account Number 495-034-5094-004 (Same as current TPAF Non-contributory Insurance) Additional information can be found at TPAF LTDI Fact Sheet 85.pdf Chapter 3_PL2010.pdf