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Indirect Cost Rate Extension
On August 28, 2015, TEA published a To The Administrator Addressed letter notifying LEAs of the procedure for requesting an indirect cost rate for school year 2016–2017.The letter noted that if your LEA extended its 2014–2015 rate for more than one year (that is, beyond the 2015–2016 school year), your LEA already has its rate for the 2016–2017 school year. You need take no further action to receive an indirect cost rate.
How to Check Your Rate Extension Status
Follow these steps to determine whether your LEA extended its 2014–2015 rate to the 2016‑2017 school year:
Log on to TEASE.
Select GFFC Reports and Data Collections.
Select “View Reports & ISD Responses.”
From the Report Title dropdown menu, select “Notification—One-Time Extension.”
Select school year “2015–2016.”
Rate Extension in Place
If your LEA extended its 2014–2015 indirect cost rate, a one-time extension notification report will be available for school year 2015–2016. The report lists the date on which your rate extension expires.
If your rate expires in 2017 or beyond, your LEA did extend its 2014–2015 rate to the 2016–2017 school year. You have an indirect cost rate for the 2016–2017 school year. No action is necessary.
If your rate expires on June 30, 2016, your LEA did not extend its 2014–2015 rate to the 2016–2017 school year. You have already made your one-time request to extend your indirect cost rate. Therefore, to request an indirect cost rate for 2016–2017, you must submit an Indirect Cost Rate Proposal (ICRP).See the August 28, 2015, letter for instructions.
No Rate Extension in Place: Follow Instructions to Request a Rate
If no report is available, your LEA did not extend the 2014–2015 rates. Your LEA either submitted an ICRP to receive 2015-2016 rates or it did not receive a rate. To request a rate for the 2016–2017 school year, follow the instructions in the August 28, 2015, To The Administrator Addressed letter.
For Further Information
If you have any questions about obtaining an indirect cost rate for school year 2016–2017, please emailcompliance@tea.texas.gov.