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Learn about State Fiscal Stabilization Funds and Education Jobs Funds under ARRA, allowable uses, programs covered, expenses, eligible employees, and reporting requirements.
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SFSF / Ed Jobs 101 May 2011
Overview • Colorado Department of Education received a one-time appropriation. • The funds were divided into two components. • ARRA – State Fiscal Stabilization Funds • Education Jobs Funds
ARRA - SFSF • LEA Allowable Uses • Subject to limited statutory prohibitions, an LEA may use SFSF for any activity that is authorized under the following Federal education acts: • The Elementary and Secondary Education Act (ESEA) • The Individuals with Disabilities Education Act (IDEA) • The Adult Education and Family Literacy Act (AEFLA) • The Carl D. Perkins Career and Technical Education Act (Perkins Act) • LEAs may use the SFSF funds for new construction, they also have fewer restrictions in terms of facility use.
SFSF – Performance Period • LEAs may use SFSF funds to support authorized activities from the point in which the assurance was signed, roughly mid-March. • All SFSF funds remain available for obligation through September 30, 2011. • A chart indicating when obligation occurs for various types of activities is provided in the Education Department’s General Administrative Regulations (EDGAR) at 34 C.F.R. 76.707.
When Obligations are Made If the obligation is for… The obligation is made… • Acquisition of real or personal property. • Personal services by an employee of the State or subgrantee. • Personal services by a contractor • Performance of work other than personal services. • Public utility services. • Travel • Rental of real or personal property. • On the date in which the State or subgrantee makes a binding written commitment to acquire the property. • When the services are performed. • On the date on which the State or subgrantee makes a binding written commitment to acquire the services. • On the date on which the State or subgrantee makes a binding written commitment to obtain work. • When the State or subgrantee receives services. • When the travel is taken. • When the state or subgrantee uses property.
Education Jobs Funds • LEA Allowable Uses • Funds may be used only for school-level employee compensation and benefits and other expenses, such as support services, necessary to: • Retain existing employees. • Recall or rehire former employees. • Hire new employees. • Funds may not be be used for general administrative expenses, fiscal services, and human resource services. • LEAs decide how to use Ed Jobs Funds.
Ed Jobs – Categories of Expenses • Compensation and/or benefits and other expenses include, among other things: • Salaries • Performance Bonuses • Health Insurance • Retirement Benefits • Incentives for Early Retirement • Pension Fund Contributions • Tuition Reimbursement • Student Loan Repayment Assistance • Transportation Subsidies • Reimbursement for Childcare Expenses
Ed Jobs – Eligible Employees • Teachers and other school-level employees include: • Principals • Assistant Principals • Academic Coaches • In-Service Teacher Trainers • Classroom Aides • Counselors • Librarians • Social Workers • Interpreters • Physical, Speech, and Occupational Therapists • Security Officers • Maintenance Workers • Nurses • Bus Drivers • Cafeteria Workers
Ed Jobs – Performance Period • LEAs may use Ed Jobs funds to support authorized activities from the point in which the assurance was signed, roughly September 1, 2010. • LEAs may use the funds through September 30, 2012.
Contact Elizabeth Conway conway_e@cde.stat.co.us 303.866.6886