Division of Budget, Finance, and Operations
Division of Budget, Finance, and Operations – Kent Dickey, Deputy Superintendent
The Division of Budget, Finance, and Operations is responsible for distributing state and federal funds to school divisions and provides technical assistance to school divisions in the areas of finance, budget, teacher education and licensure, pupil transportation, child nutrition programs, and school facilities. It administers the Literary Fund school construction loan program, educational technology and school security equipment grants to divisions, and two education tax credit programs for donations to eligible entities. The division provides services to the Department in the areas of finance, budget, financial systems and reporting, procurement, and internal support services.
Department of Budget and Finance – Annette Sherrill, Assistant Superintendent
The Department of Budget and Finance is responsible for the internal and external budgetary and fiscal services functions for the Department of Education. This department also oversees the Office of Business and Risk Management and Office of Federal Pandemic Relief Programs. The department works closely with agency staff, the Department of Planning and Budget, the General Assembly, and school divisions in developing and implementing VDOE's Central Office and Direct Aid to Public Education budgets, including administering the Standards of Quality funding model. It provides information and technical assistance regarding public education funding to school divisions, the General Assembly, state agencies, and professional organizations. It is responsible for processing state and federal payments to school divisions, payments to vendors, maintaining agency financial records, and completing various state and federal financial reporting requirements. It administers the Literary Fund school construction loan program. The department ensures compliance with state and federal regulations related to financial transactions and reporting and operates various automated financial systems in carrying out its budgetary and accounting functions.