GENERAL AND FISCAL GUIDELINES  
 
2 C.F.R. Part 200
 
 
 
FEDERAL AND STATE REQUIREMENTS CITATIONS
P The local educational agency (LEA) must comply with the Texas Education Agency General and Fiscal Guidelines

P Costs are allowable to be charged to a special education grant when those costs follow the LEA's local written procedures for allowability of costs and meet the following criteria: 2 CFR 200.403

P
  • Are reasonable for the performance of the special education grant and are allocable under the applicable cost principles;
2 CFR 200.403(a)

P
  • Conform to limitations or exclusions set forth in applicable cost principles or the special education grant agreement as to types or amount of costs;
2 CFR 200.403(b)

P
  • Are consistent with policies and procedures that apply uniformly to federally or state-funded activities and activities funded from other sources;
2 CFR 200.403(c)

P
  • Are accorded consistent treatment among all grant programs, regardless of funding source;
2 CFR 200.403(d)

P
  • Are determined in accordance with generally accepted accounting principles;
2 CFR 200.403(e)

P
  • Are not included as a cost or used to meet cost-sharing or matching requirements of any other federally or state-funded program in the current or a prior period; and
2 CFR 200.403(f)

D
  • Are adequately documented.
2 CFR 200.403(g)

P A cost can be considered reasonable if it meets the following standards: 2 CFR 200.404

P
  • The cost is of a type generally recognized as ordinary and necessary for the operation of the LEA or grant performance;
2 CFR 200.404(a)

P
  • Restrictions or requirements are imposed for generally accepted sound business practices, arms-length bargaining, federal or state laws and regulations, and grant award terms and conditions;
2 CFR 200.404(b)

P
  • Consideration is given to market prices for comparable goods or services for the geographical area;
2 CFR 200.404(c)

P
  • Individuals are acting with prudence in the circumstances of responsibility to the LEA and federal and state government; and
2 CFR 200.404(d)

P
  • There are no significant deviations from established practices of the LEA that may unjustifiably increase grant costs.
2 CFR 200.404(e)

P A cost is allocable to the special education grant in accordance with relative benefits received if it is treated consistently with other costs incurred for the same purposes in like circumstance and if it meets the following: 2 CFR 200.405(a)

P
  • Is incurred specifically for the grant;
2 CFR 200.405(a)(1)

P
  • Benefits both the grant and the other work and can be distributed in reasonable proportion to the benefits received; and
2 CFR 200.405(a)(2)

P
  • Is necessary to the overall operation of the LEA and is assignable in part to the special education grant award in accordance with the principles of this framework.
2 CFR 200.405(a)(3)

 
 
Last Updated: Friday, January 26, 2018