Miscellaneous Issues. CFDA #10.555 - Schools submit vouchers with pertinent information to The Bureau of Child Nutrition. Expenditures are submitted to the Department of Agriculture. These amounts are reconciled to the State's accounting system. This is done on a monthly basis at the beginning of the month based on the prior month's expenditures. The request for the mid-month draw is warehoused at this time. CFDA #84.010 - For the Administrative Costs component the agency uses salary reports generated each pay period during the quarter to determine the amount of the draw. At the close of the quarter the actual expenditures are compared to the draws and an adjustment is made in the first draw of the next quarter. The adjustment will be positive if they need to draw additional funds or negative if funds were overdrawn in the previous quarter. For the Local Education Agency Payments component, the agency uses a report from the State accounting system to capture the actual expenditures by the CFDA number each month. The total expenditures at the end of the month are the amount drawn by the 15th day of the next month. If there were a need for any adjustment, it would be determined in the same manner as for the Administrative Costs component. CFDA #84.027 - For the Administrative Costs component the agency uses salary reports generated each pay period during the quarter to determine the amount of the draw. At the close of the quarter the actual expenditures are compared to the draws and an adjustment is made in the first draw of the next quarter. The adjustment will be positive if they need to draw additional funds or negative if funds were overdrawn in the previous quarter. For the Local Education Agency Payments component, the agency uses a report from the State accounting system to capture the actual expenditures by the CFDA number each month. The total expenditures at the end of the month are the amount drawn by the 15th day of the next month. If there were a need for any adjustment, it would be determined in the same manner as for the Administrative Costs component. CFDA #93.558 - Bi-weekly draws are based on quarterly estimates submitted by the divisions. CFDA #93.563 - Title IV-D: The estimates, which are completed by the Division of Family Development, are completed in accordance with the Child Support Enforcement Program Action Transmittal No. OCSE-AT-00-02. The estimates are based on historical trends, including seasonal, economic or other variations, and include any costs applicable to a prior quarter for which payments are to be made in the next quarter. This estimate is then submitted to the Federal Government on the OCSE-396-A, Quarterly Report of Expenditures and Estimates. The draw is based on this estimate until the actual grant award is received. If the grant amount is different than the estimate requested, a draw adjustment is made at this time. CFDA #93.778 - The draws for administrative costs is based on quarterly reports that certify estimated expenditures. The total amount expended is compared to the grant award. If the expended amount is greater, then a supplemental award is requested. CFDA #96.006 - Reverse flow program, from State to Federal. The State voluntarily waives any Federal interest liability resulting for programs using the Reimbursement Analysis funding technique. In instances where the request of federal funds can be warehoused, the State will request funds on the scheduled day even if the State is not open for business.
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Samples: wwwkc.fiscal.treasury.gov, wwwkc.fiscal.treasury.gov, fiscal.treasury.gov