At the annual meeting of the Association of Education Federal Financial Administrators (AEFFA) last October in Charleston, Kay Rigling from the Office of General Counsel stated that U.S. Department of Education (ED) would publish a blog post on “Granting Administrative Flexibility for Better Measures of Success” and would seek recommendations on reducing burden on the time and effort requirements under OMB Circular A-87.  Rigling stated that ED was well aware of all the audit exposure generated from the A-87 rules.  So, last Friday, ED’s Office of the Chief Financial Officer (OCFO) issued guidance, retroactive to July 1, 2012, that makes substantive changes to the application of A-87 to the federal education arena.

For the rest of the story, see the post on Funding Attractions, Thompson’s official blog for critical news, analysis, debates and commentary related to funding.