R277-484-4. Adjustments to Deadlines

  (1) An LEA may seek an extension of a deadline to ensure continuation of funding and provide more accurate information to allocation formulas by submitting a written request to the Superintendent no later than 24 hours before the specified deadline in Table 1.

  (2) An extension request shall include:

  (a) The reasons for the extension request;

  (b) The signatures of the LEA business administrator and superintendent or director; and

  (c) The date by which the LEA proposes to submit the report.

  (3) If an LEA requests an extension under Subsection (1), the Superintendent may do any of the following after taking into consideration the pattern of LEA compliance with reporting deadlines and the urgency of the need for the data to be submitted:

  (a) Approve the request and allow the MSP fund transfer process to continue; or

  (b) Deny the request and stop the MSP fund transfer process; or

  (c) Recommend corrective action to the Board in accordance with Rule R277-114.

  (4) If, after receiving an extension, an LEA fails to submit the report by the designated date, the MSP fund transfer process shall be stopped and the procedures described in Section R277-484-7 shall apply.

  (5) An extension shall apply only to the specific reports and dates for which an extension was requested.

  (6) The Superintendent may not extend deadlines for the following reports:

  (a) AFR;

  (b) APR;

  (c) Mid-year or Final CACTUS updates;

  (d) a Financial Audit Report; or

  (e) any UTREx updates.