2019–2020 Process for Requesting Indirect Cost Rates (Charter Schools Only)

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DATE:

February 14, 2019

SUBJECT:

2019–2020 Process for Requesting Indirect Cost Rates (Charter Schools Only)

CATEGORY:

Funding Implications and Pending Deadline

NEXT STEPS:

Charter Schools to submit online survey by 3/29/19 to request/receive an indirect cost rate for 2019–2020

Charter Schools Process for Requesting an Indirect Cost Rate

Charter schools must request an indirect cost rate each year by completing and submitting the Request for an Indirect Cost Rate for Charter Schools for 2019–2020 online survey. The deadline for submitting the survey, and thus requesting an indirect cost rate for 2019–2020, is March 29, 2019.

Charter School Indirect Cost Rates Based on Resident School District Data

TEA will access certified Public Education Information Management System (PEIMS) data related to each charter school’s resident public school districts and their respective calculated indirect cost rates to derive rates for charters schools that have requested a rate via the survey.

Completing and Submitting the Survey

The Request for an Indirect Cost Rate for Charter Schools for 2019–2020 survey is available on the Indirect Cost Rates page of the TEA website and/or from any active link within this letter.

2019–2020 Indirect Cost Rate Timeline for Charter Schools

The following table lists milestones for the indirect cost rate request process:

Date

Action

February 14

Request for an Indirect Cost Rate for Charter Schools for 2019–2020 survey is made available via the Indirect Cost Rates webpage and links within this letter.

March 29

Due date for charter schools to request an indirect cost rate by submitting the online survey.

July 1

Indirect Cost Rate notification letters posted in GFFC Reports and Data Collections, accessible through TEAL.

Resources

Please refer to the Indirect Cost Rates page of the TEA website for further information and additional resources regarding indirect cost rates.

For Further Information

If you have questions about the indirect cost rate process and/or the Request for an Indirect Cost Rate for Charter Schools for 2019–2020 survey, please email compliance@tea.texas.gov.