Recovery Act – Fiscal Issues

Stephanie English, ChiefMonitoring & Compliance Section

School Business Division919-807-3686

senglish@dpi.state.nc.us

Topics

• General Information

• Title I, Part A

• IDEA

• State Fiscal Stabilization Funds

• Reporting

General

• Period of availability

• Avoid the “funding cliff”

• New PRCs

New PRCs for the ARRA fundsCurrent PRC New PRC Name

050 141 ARRA - Title I

105 142 ARRA - Title I School Improvement 1003 (a)

117 143 ARRA - School Improvement 1003 (g)

060 144 ARRA - IDEA VI-B

049 145 ARRA - IDEA Pre-School

107 146 ARRA - Education Technology-Formula

108 147 ARRA - Education Technology-Competitive

026 148 ARRA - McKinney Vento

NA TBA Child Nutrition Equipment

NA TBA ARRA - Stabilization

IDEA

• Use of funds

• IDEA Maintenance of Effort

State Fiscal Stabilization Funds

• Use of Education Stabilization funds

• Prohibitions

• Federal funds

Reporting

• “Unprecedented level of accountability”

• Report project descriptions/cost

• School-by-school listing of per-pupil educational expenditures (state/local)

• More guidance expected

Title I, Part A

• Use of funds

• Carryover limitation

• Supplement not supplant

• Maintenance of effort

• Other issues

Questions?