RULES FOR THE ADMINISTRATION OF THE COLORADO VOCATIONAL ACT   8 CCR 1504-2

Basis, Purpose and Emergency Statement for Amendment to Rule 6.6
This Emergency Rule modifies Rule 6.6 to increase allowable disbursements to districts by 1% for Administrative Costs that each district can claim for operating CTE programs for FY 12.  Payments for FY13 would reflect this adjustment.  Indirect Costs Rates (ICR) published by CDE for the 2011-12 year initially showed the rate in current rules to be sufficient to cover an ICR average rate for all districts.  However CDE’s 2012-13 ICR rates posted in early October revealed a shift to an average exceeding the ICR for all school districts.  The 1% increase in allowable disbursement as a percentage of total costs will cover the newly posted ICR rates and permit disbursement of categorical funding allocated by the General Assembly for the career preparation of Colorado’s future workforce. Adoption of this rule is therefore imperatively necessary for preservation of the public welfare so as to support these programs during the pendency of permanent rulemaking.