Vote: approved

Item Text

17. APPLY AND ACCEPT THE 2011 GIFTED EDUCATION SMALL SCHOOLS GRANT Approve the application for and acceptance of $850.63 for the Gifted Education, Small Schools Consortium grant (11SSAGFT-160738-02A) from the Arizona Department of Education (ADE). The purpose of this grant is to provide additional funding for school districts to deliver accentuated education and services to students who are designated as gifted from passing a state approved test at the 97th percentile or above. The term of the grant is one year, July 1, 2010 – June 30, 2011. MCESA’s indirect rate for FY 2011 is 12.8 percent; MCESA’s ADE approved indirect cost rate is 0.91 percent. The restricted indirect cost rate allowed by this grant source is 0.91 percent. Recoverable indirect costs are $7.74. Unrecoverable indirect costs on this award are $101.14. MCESA requests a waiver to recoup any indirect costs associated with acceptance of the funds and requests that 100% of the award be utilized for direct expenses that allow school districts to deliver accentuated education and services to students who are designated as gifted from passing a state approved test at the 97th percentile or above. MCESA can absorb administrative costs within their budget appropriation(s). Grant revenues are not local revenues for the purpose of the constitutional expenditure limitation, and therefore, expenditures of these revenues are not prohibited by the budget law. (C-37-11-115-G-00)