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[School District Name & Fiscal Year] Maintenance of Effort Calculation PART I GENERAL INFORMATION Complete this form each year to document the appropriate calculations completed by your district
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How to fill out maintenance of effort calculation

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How to fill out maintenance of effort calculation:

01
Start by gathering all relevant financial data for the specific project or program that requires the maintenance of effort calculation. This includes both the current year's financial information as well as any historical data that may be necessary.
02
Identify all sources of funding for the project or program. This may include federal or state grants, donations, or any other sources of revenue.
03
Determine the specific requirements for the maintenance of effort calculation. These requirements can vary depending on the funding source or program guidelines. It is important to thoroughly understand and follow these requirements to ensure accurate calculations.
04
Calculate the total amount of funds expended in the previous year for the project or program. This includes all allowable costs that were incurred during that time period.
05
Compare the previous year's expenditures with the current year's projected or actual expenditures. Calculate any increase or decrease in funding to determine if the maintenance of effort requirement has been met.
06
Document all calculations and keep detailed records of the maintenance of effort calculation. This will serve as evidence to support compliance with funding requirements.

Who needs maintenance of effort calculation:

01
Organizations or programs that receive federal or state funding may be required to perform maintenance of effort calculations. This is especially true for grants or contracts that include specific maintenance of effort provisions.
02
Non-profit organizations that rely on donations or other external funding sources may also need to perform maintenance of effort calculations to demonstrate responsible financial management.
03
Educational institutions, such as schools or universities, that receive funding from government entities or other external sources often have maintenance of effort requirements that need to be fulfilled.
Overall, maintenance of effort calculations are necessary for any organization or program that receives external funding and wants to ensure compliance with funding requirements.
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Maintenance of effort calculation is a requirement for organizations receiving funding to demonstrate that they are maintaining a consistent level of financial effort towards a specific program or project.
Organizations receiving funding from a government entity or other funding source may be required to file maintenance of effort calculation.
To fill out maintenance of effort calculation, organizations typically need to gather financial data related to the specific program or project and calculate the level of effort being maintained.
The purpose of maintenance of effort calculation is to ensure that organizations are using funding as intended and are not reducing their financial commitment to a program or project.
Information reported on maintenance of effort calculation typically includes financial data, details of the program or project being funded, and any applicable regulations or guidelines.
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