1 / 12

Education Jobs Fund Program

Education Jobs Fund Program. Governor’s Office of Economic Recovery Presenter: Matthew Hanson Director. Education Jobs Fund Program. Education Jobs Fund provides $10,000,000,000 nationally for the purpose of educational instruction Arizona allocation- $211,824,489

megan
Download Presentation

Education Jobs Fund Program

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Education Jobs Fund Program Governor’s Office of Economic Recovery Presenter: Matthew Hanson Director

  2. Education Jobs Fund Program • Education Jobs Fund provides $10,000,000,000 nationally for the purpose of educational instruction • Arizona allocation- $211,824,489 • Leverages language from SFSF; omits sections of the law that are not applicable • Funding will not be distributed to IHE’s nor extend the Governor’s Services Fund • Funding may ONLY be disbursed to LEAs • Funding will be distributed directly to eligible LEAs • Public School Districts and Non-profit Charters

  3. Funding • Arizona’s LEAs will receive $207,600,000.00 • Funding distribution: • State’s primary elementary and secondary funding formulae • Allocations developed and finalized on November 3, 2010 based on October State Equalization payment • Allocations range from $1,200 to almost $13,000,000 • As of March 3, 2011: • A total of $53,521,230.49 (26%) has been drawn down • 293 entities (51%) have received their full allocation

  4. Timeline • States must make funding available for 2010-2011 School Year • Funds can only be used for obligations made on or after August 10, 2010 • Funding must be allocated and used by LEAs by September 30, 2012 (if the individual LEA opts to extend the funding for the additional 12 months per the Tydings Amendment)

  5. Governance • A Governor may not direct how an LEA may use its Ed Jobs funds • The State may not require an LEA to submit an application for Ed Jobs funds if the LEA has already submitted an SFSF application • LEAs that have not submitted an SFSF application must submit an Ed Jobs application to the State to receive funds • Governor’s Budget Recommendation: • Clarifying language released on February 16, 2011 • EduJobs Fund will not be used as a state budget replacement IF the general budget is decreased • LEAs have discretion over funding use and draw down

  6. Process- • LEAs will use Grants Management Enterprise (or Common Logon) • Projects have been automatically generated for each LEA • LEAs must submit a Cash Management Report in order to draw down the funding • If an LEA needs to adjust the automatically generated budget, then an amendment is necessary • Until a Cash Management Report is submitted, total allocation will remain in RSP • An entity may draw down funding as many times as they would like; funding will carry over across applicable years • If an LEA is having difficulty navigating the Grants Management Enterprise please contact ADE’s Grants Management Department at 602-542-3695

  7. Payment Process- • Payments will be delivered in the same form that SFSF grants were distributed • Traditional Districts- funding will first go to County Treasurer’s Offices • Non-Profit Charters- funding will go directly to your entity • Payments will be disbursed during the first week of every month • Payment process takes about two weeks so the exact payment date will not be consistent from month to month • Payments may be held if an entity does not have a valid CCR

  8. Eligible Expenses • An LEA may use EduJobFunds to fund among other things: • Retain existing staff • Hire new staff • Restore reductions in salaries and benefits • Implement salary increases • Eliminate previously scheduled furlough days • School-level employees ONLY • Charter school guidance/requirements

  9. Accountability and Reporting • Cash management rules apply • Funding must be expended on a reimbursement basis • LEAs must maintain records that separately track and account for EduJobFunds • Arizona Auditor General issued guidance on November 23, 2010 and JTED clarification on December 13, 2010 • LEAs must fulfill reporting requirements under section 1512 of ARRA • LEAs must complete Cash Management and Completion Reports • Time and Effort is required per EDGAR

  10. Accountability and Reporting • The GOER is the fiscal agent for the Education Jobs Fund Program • Required to monitor LEAs to ensure compliance with all applicable requirements • Additional information may be needed from LEAs as the U.S. Department of Education finalizes their monitoring plans • U.S. Department of Education is requesting annual reports and thus more information may be requested from LEAs as those reports are developed

  11. More Information • GOER Website: http://www.azrecovery.gov/agencies/agencies-governor-EDUJobs.html Confidential - Arizona Governor's Office

  12. Contact • Grants Management Department, ADE • Stephanie Long • 602-542-3695 • grants@azed.gov • Governor’s Office of Economic Recovery • Kenda DeLeon • 602-542-4243 • kdeleon@az.gov Confidential - Arizona Governor's Office

More Related