40 Tex. Admin. Code § 802.64 - Fiscal Monitoring Activities
(a)
The Agency shall conduct fiscal monitoring activities to ensure that resources
are efficiently and effectively used for authorized purposes and are protected
from waste, fraud, and abuse. Processes and procedures used to determine Board,
workforce service provider, AEL grant recipient, AEL service provider, and
Agency grantee performance may include the review and evaluation of one or more
of the following:
(1) Accounting and
reporting systems
(2) Budget
methodologies
(3) Cash management
practices
(4) Cost allocation plans
and processes
(5) Cash disbursement
compliance and documentation
(6)
Program income identification and reporting
(7) Insurance coverage and risk
exposure
(8) Oversight and
monitoring functions
(9) Payroll
administration
(10) Purchasing and
procurement processes and procedures
(11) Property accountability and
safeguarding
(b)
Processes and procedures used to determine Board, workforce service provider,
AEL grant recipient, AEL service provider, and Agency grantee performance shall
include a review, evaluation, and determination regarding compliance with the
appropriate uniform administrative requirements for grants and agreements as
well as the appropriate cost principles applicable for the type of entity
receiving funds as listed in OMB circulars or rules.
(c) Processes and procedures used to
determine Board, workforce service provider, AEL grant recipient, AEL service
provider, and Agency grantee performance shall include a review, evaluation,
and determination regarding compliance with the applicable requirements
regarding cost categories and cost limitations.
Notes
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