6201 Allowable Costs for Federal Programs
Expenditures under federal programs are governed by the Federal Cost Principles contained in 2 CFR Part 200 Subpart E – Cost Principles. The District is committed to ensuring that costs claimed under Federal awards follow these cost principles as well as any special terms and conditions contained in the award. Additionally, as a grantee, the District is required to follow the more restrictive of the federal, state, and District policies.
When applying these cost principles, the District will:
The District will maintain a system of internal controls over federal expenditures to provide reasonable assurance that Federal awards are expended only for allowable activities and that the costs of goods and services charged to Federal awards are allowable and in accordance with the above referenced cost principles. Those controls will meet the following general criteria:
The Superintendent is authorized to develop procedures and to implement this policy, as necessary.