Icf/Iid: Property Reimbursement

ICF/IID property costs are reimbursed using a rental rate or based on cost. The following are reimbursed based on cost under these rules and PRM: ICF/IID living unit property taxes, living unit property insurance, and major movable equipment not related to home office or day treatment services. Reimbursement of other property costs is included in the property rental rate. Any property cost related to home offices and day treatment services are not considered property costs and are not reported in the property cost portion of the cost report. These costs are reported in the home office and day treatment section of the cost report. Property costs, including costs reimbursed based on a rental rate, are reported in the property cost portion of the cost report. The Department may require and use an appraisal to establish those components identified as an integral part of an appraisal. Property costs include the following allowable components: (7-1-26) 01. Straight-Line Depreciation. (7-1-26) 02. Interest. (7-1-26) 03. Property Insurance. (7-1-26) 04. Lease Payments. (7-1-26) 05. Property Taxes. (7-1-26) 06. Costs of Related Party Leases. (7-1-26)