Federal Grant Award
Federal Grant Award
(Federal Funding Accountability and Transparency Act (FFATA)
School districts and open-enrollment charter schools that receive federal grant awards totaling more than $25,000 and contract awards totaling more than $550,000, respectively, directly from the federal government on or after October 1, 2010, must report certain information, including a description of the award and, in some instances, must also report the total compensation and names of the top five schools officials. A report will be due by the end of the month following approval for a federal grant or contract, and must be updated when there are changes to specific information on file. The new reporting requirements do not apply to federal awards that passed through TEA (because TEA is covering this reporting effort for federal funds that pass through TEA). School districts and open-enrollment charter schools are responsible for initiating their own process to ensure compliance with the FFATA reporting requirements by following instructions provided by grantor agencies other than TEA.
This does not pertain to CISD.