Federal Financial Management
News and Updates
Title I, Part A Carryover Waiver
The Missouri Department of Elementary and Secondary Education requested a waiver of the Title I, Part A limitation on carryover in section 1127(b) of the Elementary and Secondary Education Act of 1965 (ESEA). This regulation prohibits the SEAs ability to grant to its LEAs a waiver of the 15% carryover limitation more than once every three years.
The waiver has been approved and applies to LEAs with carryover amounts greater than 15% after September 30, 2013. The waiver also allows the Department to give carryover waivers to districts that have already received a waiver in the past two years. The carryover limitation applies to LEAs with a Title I allocation of $50,000 or more in FY2012.
NCLB Federal Financial Management Updates Webinar
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- NCLB Federal Compliance Calendar
- Financial and Administrative Services Administrative Memos