Monday, June 14

Indirect Cost Rate

The GCCS Indirect Cost Rate is a rate that has been calculated by the Indiana Department of Education according to guidelines received from the federal government.

Indirect costs should be included in all budget proposals unless an exception is approved by the Superintendent or by the Chief Financial Officer.

Indirect costs are calculated by charging the Indirect Cost Rate to all expenditures with the exception of expenditures for capitalized equipment items costing $1,000 or more.

Indirect Cost Rate:

  • 2011/2012 – 1.05%
  • 2010/2011 – 0.45%
  • 2009/2010 – 1.32%
  • 2008/2009 – 2.04%