Local Fiscal Agent Required Functions. Iowa State Workforce Development Board – Established by the Iowa Governor under {Executive Order} to assist the Governor in creating an integrated statewide strategic plan for workforce development which will link workforce policies, education and training programs, and funding streams with the economic needs of Iowa and in complying with the provisions and requirements of WIOA Section 101. Local Workforce Development Board (LWDB) – The board created by the XXXX pursuant to WIOA Section 107 with responsibility for the development of the local plan and for oversight of the workforce development activities in the local area. No reference to “the Board” or “the local Board” shall be interpreted as any board other than the Local Workforce Development Board. Memorandum of Understanding (MOU) Agreement Period – the MOU must not be for a period to exceed three years. Additionally, per WIOA 121(c)(2)(v), the MOU must contain:
Local Fiscal Agent Required Functions. Iowa State Workforce Development Board – Established by the Iowa Governor under {Executive Order} to assist the Governor in creating an integrated statewide strategic plan for workforce development which will link workforce policies, education and training programs, and funding streams with the economic needs of Iowa and in complying with the provisions and requirements of WIOA Section 101. Local Workforce Development Board (LWDB) – The board created by the XXXX pursuant to WIOA Section 107 with responsibility for the development of the local plan and for oversight of the workforce development activities in the local area. No reference to “the Board” or “the local Board” shall be interpreted as any board other than the Local Workforce Development Board. Memorandum of Understanding (MOU) Agreement Period – the MOU must not be for a period to exceed three years. Additionally, per WIOA 121(c)(2)(v), the MOU must contain: the duration of the MOU procedures for amending the MOU during the duration of the MOU assurance that such memorandum shall be reviewed not less than once every three-year period to ensure appropriate funding and delivery of services. IowaWORKS One-Stop Delivery System – a collaborative effort among public service agencies, non-profit organizations, and private entities that administer workforce investment, educational, and other human resource programs to make the variety of services available via those programs more accessible to eligible job seeker and employer customers. IowaWORKS One Stop Operator – an entity or consortium of entities competitively selected in accordance with WIOA section 121(d) to operate an IowaWORKS site and to perform service delivery activities in accordance with all applicable Federal, state, and local laws, regulations, rules, policies, plans, and the terms of this MOU. Required Partner – an entity that carries out one or more of the programs or activities identified under WIOA Section 121 (b)(1) and is required under that Section to participate in the IowaWORKS delivery system and to make career services under its program or activity available through the IowaWORKS system. Training Services – services to adults and dislocated workers as described in WIOA section 143 (c)(3). These may include: Occupational skills training- including training for nontraditional employment On the job training Incumbent worker training Programs that combine workplace training with related instruction- which may include cooperative ed...
Local Fiscal Agent Required Functions. Effective date: TBD In order to assist in the administration of the grant funds, Chief Elected Officials (CEOs) may designate an entity to serve as a local fiscal agent. Designation of a fiscal agent does not relieve the CEOs of liability for the misuse of grant funds. If the CEOs designate a fiscal agent, they must ensure this agent has clearly defined roles and responsibilities. The fiscal agent is responsible for the following functions: • Receive funds • Ensure sustained fiscal integrity and accountability for expenditures of funds in accordance with the Office of Management and Budget circulars, the Workforce Innovation and Opportunity Act and the corresponding Federal Regulations and State policies • Respond to audit financial findings • Maintain proper accounting records and adequate documentation • Prepare financial reports • Provide technical assistance to subrecipients regarding fiscal issues • At the direction of the Local Workforce Development Board, the fiscal agent may also: o procure contracts or obtain written agreements o conduct financial monitoring on service providers and o ensure independent audit of all employment and training programs Legal References • WIOA sec. 107 • 20 C.F.R. §679.420 • Iowa Code, Chapter 84A
