FY 2027 Missouri Financial Accounting Manual
FY 2027 Missouri Financial Accounting Manual
| 2027 Complete Manual | Blank Note Pages | |
| Table of Contents | ||
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| 2027 Complete Manual | Blank Note Pages | |
| Table of Contents | ||
Part B of Title V of the reauthorized Elementary and Secondary Education Act (ESEA) contains Rural Education Achievement Program (REAP) initiatives that are designed to help rural districts that may lack the personnel and resources to compete effectively for Federal competitive grants and that often receive grant allocations in amounts that are too small to be effective in meeting their intended purposes.
The two initiatives within REAP are:
All Payment Requests and Final Expenditure Reports must be completed in ePeGS.
Information on ESEA financial information can be found below. ESEA financial information will include the following: allocations, payments, due dates, coding, funding changes, financial reminders, monitoring requirements and other guidance. ESEA Finance will also provide technical assistance to LEAs regarding Federal finance regulations and fiscal oversight and monitoring.
LEAs are required to provide parentally placed private school children with disabilities an
opportunity for equitable participation in programs assisted or carried out under Part B IDEA.
Proportionate Share Compliance and Data Information
Maintenance of Effort (MOE) is the amount of local, or State and local funds, the district/LEA must spend in support of special education. There are two requirements for MOE; the eligibility requirement and the compliance requirement. The eligibility standard indicates that in order to be eligible for an IDEA Part B grant in the upcoming year, the district/LEA must develop a budget that demonstrates it intends to maintain (or increase) the amount of local, or State and local funds, it spends for the education of children with disabilities when compared to the amount it actually