SHARS 2020 Cost Reports

Stasia ViatorIndustry News

Correction Requests Reminder Districts wishing to correct information submitted in the 2020 SHARS Cost Report are allowed a correction period of 60 days from the close date (April 1, 2021). The correction period closes May 31, 2021. Any district that has not requested and completed corrections to their 2020 SHARS Cost Report by … Read More

Cost Report Q&A

Stasia ViatorIndustry News

The following questions were asked during the January 12, 2021 SHARS Cost Report Initial Training session.  HHSC has provided answers to those questions. The questions and answers are meant to provide clarification for information covered in the January 12th training session. This information is not a substitute for taking cost report … Read More

SHARS Cost Report Settlement Provider Notice & Informal Appeals

Stasia ViatorIndustry News

HHSC SHARS sent Settlement Notices to districts on December 4th, 2020. As a reminder, districts are required to review their cost report, and agree or disagree with the proposed settlement amount within 30 calendar days of the notice, January 3rd, 2021. If a district does not complete the required steps to either agree … Read More

2019 FFY SHARS Cost Report Settlements Approval Required

Stasia ViatorIndustry News

The 2019 SHARS cost report settlement is available through Fairbanks in STAIRS.  Deadline to Agree or Disagree is January 3, 2021. On Friday, December 4th your financial contacts would have received an email with time sensitive information.  The email was sent to all “Entity” and “Financial” contacts you have identified … Read More

SHARS Cost Report: STAIRS Information

Stasia ViatorIndustry News

Upload Center in STAIRS The Upload Center in STAIRS allows districts to upload documentation that support claimed costs in SHARS Cost Report. Districts are encouraged to upload any and all supporting documentation preparation of the Cost Report or soon  after submission. To assist in more expeditious audit reviews, HHSC SHARS … Read More

June 15, 2020 Cost Report extension reinstated

Stasia ViatorIndustry News

Though there was high degree of confusion regarding the issued, retracted, then reissued statement from HHSC on May 4, 2020 regarding the 2019 FFY Cost Report, HHSC did release a final statement through the Fairbanks system informing school districts they are recognizing June 15, 2020 as the new deadline date … Read More

Final 2019 FFY Cost Report training opportunity

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NEW! Final 2019 FFY Cost Report training opportunity: Monday, May 4, 2020 Just released, HHSC will be providing additional 2019 FFY Cost Report training for providers and/or preparers on Monday, May 4, 2020 due to the COVID-19 pandemic.  Please note, the 2019 FFY Cost Report is due May 15, 2020.  … Read More

Your District’s 2019 FFY Cost Report is due by May 15, 2020

Stasia ViatorIndustry News

Don’t forget! Due to the evolving nature of the COVID-19 crisis, the deadline for submitting the SHARS 2019 Cost Report has been extended to May 15, 2020.  Be sure to log into your district’s new STAIRS Cost Report account in Fairbanks at https://cr.fairbanksllc.com/. Onward has included the following link to … Read More