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Federal 1512 Quarterly Reporting. Calculating the Full Time Equivalents (FTE) of Federally Funded Jobs. What and When?. Jobs Created or Retained – jobs worked and funded with Recovery or Ed Jobs funding.
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Federal 1512 Quarterly Reporting Calculating the Full Time Equivalents (FTE) of Federally Funded Jobs
What and When? • Jobs Created or Retained – jobs worked and funded with Recovery or Ed Jobs funding. • A funded job – the wages and salaries are either paid for or will be reimbursed with Recovery or Ed Jobs funding. • Jobs that are reported each quarter cover jobs worked and paid for just during the three months that lie within the current reporting quarter.
Getting Started • Gather payroll reports showing hours worked by person or position • Download a copy of the FTE worksheet located within the Help tab of the 1512 web system.
Select the sheet named “FTE Worksheet” Select a program from the drop down list:
Reminder • Jobs are reported in the quarter in which they were actually worked as opposed to when they were paidor reimbursed.
Actual Calculation • As an alternative to using the FTE Worksheet, you can simply calculate your own FTE using this formula for each position, by program:
Follow up • For more information concerning entering and submitting quarterly required data elements, refer to the User Manual, the Business Rules, or the FAQ documents under the Help tab of the ARRA 1512 Web System.