New York City Board of Education

1995 Fringe Benefit Rates

Each fiscal year the New York City Board of Education claims reimbursable costs from the Federal and State governments. These reimbursable costs include fringe benefits for Board employees. We reviewed the three fringe benefit rates used by the Board in its reimbursement claims for the 1995 fiscal year, and found that these rates were overstated by small amounts. 96-N-13