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Operational Advisory
Office of Operations
Bureau of State Accounting Operations

Advisory Number: 5
Advisory Name: Fringe Benefit and Indirect Cost (FBIC) Rates for 2017-18
Date Issued: 04/22/2016 Date Last Updated: 04/11/2017
Subject:
Fringe Benefit and Indirect Cost (FBIC) Rates for 2017-18

Guidance:
At the beginning of each fiscal year, fringe benefit and indirect cost rates are provided to the Comptroller by the Director of the Budget. These new year rates will be used in conjunction with the SFY 2017-18 Fringe Benefit Indirect Cost billings.

Guide to Financial Operations, Chapter VII, Section 9 - Fringe Benefits and Indirect Costs has been updated with the newly established rates for SFY 2017-18.

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