The district’s Indirect Cost Rate Proposal (ICRP) is available in the secure GFFC Reports and Data Collections application, accessible through TEAL. To receive TEA’s calculated indirect cost rates, the ISD must review, approve, and certify its completed ICRP by May 20, 2022. Instructions for completing the ISD review/approval/certification process are available in the ICRP Certification Instructions posted on the Indirect Cost Rates webpage. The Certification Instructions describe the ICRP review process and provide step-by-step instructions on how to certify and submit the ICRP Certification. The certification serves as the ISD’s approval of the final restricted and unrestricted indirect cost rates for 2022–2023.
Just as a reminder, the UICR is utilized on the district’s cost report as well as MAC reports to increase costs. Failure to complete this step may result in the district not receiving an UICR for the 2022-2023 year. Again, this process must be completed by May 20,2022.
If you have questions about the indirect cost rate process, please contact the TEA Federal Fiscal Compliance and Reporting Division at (512) 463-9127 (phone) or firstname.lastname@example.org .
For more information, you may also contact the ONWARD finance team at email@example.com.