Federal grant programs include fiscal
requirements to ensure that grant recipients spend funds in the manner specified
by the grant program. If your organization receives funds from federal grant
programs, you must adhere to these fiscal requirements. The Division of Federal
Fiscal Compliance and Reporting oversees activities to determine whether
organizations are in compliance.
In addition to compliance
activities, the division also assigns indirect cost rates, reviews special
education shared services arrangement configuration changes, and prepares
reports on federal funding.
Refer to the division links
listed below for more information on these activities.
Recipients of federal grant programs are
often required to report back to the federal government information on the use
of federal funds. The required information will vary depending on the federal
law that governs the reporting. The link above provides information on the
federal reporting activities managed by FFCR.
The Individuals with Disabilities
Education Act, Part B (IDEA-B) specifies several fiscal requirements that govern
the expenditure of state and local funds used to serve students with
disabilities. Organizations that receive IDEA-B funds either directly or
through a Shared Services Arrangement (SSA) must comply with these fiscal
FFCR issues indirect cost rates for school
districts, charter schools, and certain other governmental entities.
NCLB Fiscal Compliance
The No Child Left Behind
Act of 2001 (NCLB) specifies several federal requirements when accepting federal
funds. Organizations that receive NCLB funds either directly or through a SSA
must comply with these fiscal requirements.