|
To the GovDelivery subscriber addressed:
Deadline Reminder from the Federal Fiscal Compliance and Reporting Division
January 18, 2019: Deadline for Requesting Indirect Cost Rates for School Year 2019–2020 (Independent School Districts Only)
As described in the November 29, 2018 letter posted to the TEA Correspondence page, independent school districts (ISDs) must request an indirect cost rate each year by completing and submitting the Indirect Cost Rate Proposal (ICRP) Additional Costs Workbook (ACW). The deadline for submitting the workbook, and thus requesting an indirect cost rate for 2019–2020 school year, is January 18, 2019.
The submission of the ICRP ACW serves as an ISD’s request for an indirect cost rate. Rates will be calculated only for ISDs that submit a completed workbook. If the ISD does not submit a completed workbook, TEA will not calculate or issue a rate for that ISD for the 2019–2020 school year.
Completing and Submitting the Workbook
The ICRP ACW and the Instruction Manual are available on the Indirect Cost Rates page of the TEA website, and the ICRP ACW is also available in the secure GFFC Reports and Data Collections application (accessible through TEAL).
The ISD must submit the workbook (in Excel format) through the secure GFFC Report and Data Collections application. The Instruction Manual includes step-by-step upload instructions.
Consequence of Failing to Comply
If an LEA does not submit the ICRP ACW to TEA by the January 18, 2019, deadline, that LEA will not be issued indirect cost rates for use during school year 2019–2020.
For Further Information
With any further questions, email the Federal Fiscal Compliance and Reporting Division at compliance@tea.texas.gov or call (512) 463-9127.
This message is sent only to subscribers to this topic. To unsubscribe from this topic, please click on the unsubscribe button below this message.
|
