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Res 2017-013/Approval of Financial Policies and Procedures Manual for the Community Development Block Grant Disaster Recovery (CDBG-DR) grant
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Res 2017-013/Approval of Financial Policies and Procedures Manual for the Community Development Block Grant Disaster Recovery (CDBG-DR) grant
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-13
Date
1/17/2017
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DRGRprovidesuserswiththeabilitytocreatevoucherswhicharethenreconciledwiththedrawn <br />amountswithLOCCStoensureaccuracyoffinancialbalances.Afterthevouchersareprocessedvia <br />LOCCS,DRGRupdatesthestatusofthevouchers,enablinguserstotrackthestatusofdrawdowns. <br />ThebasiccomponentsofDRGRtobeutilizedbySanMarcosare: <br />Grants,Subfunds,andsubgrants <br />ConsolidatedPlan/ActionPlan <br />Projects <br />ActivitySetupandFunding <br />ProgressMonitoring <br />Drawdowns <br />AccomplishmentReporting <br />Reports <br />SecurityandDataAccess <br />Asrequiredby2CFR§200.302(b)(2),accurate,current,andcompletedisclosureofthefinancialresultsof <br />programsfundedbytheDisasterRecoveryawardorprogramwillbemadeinaccordancewiththe <br />reportingrequirementssetforthin§200.327Financialreportingand§200.328Monitoringandreporting <br />programperformance. <br />TheCityshallmakeentriesintoDRGRinaformprescribedbyHUDtoaccuratelycapturetheCity's <br />accomplishmentandfundingdata,includingprogramincome,foreachprogramyear.DRGRdatawillbe <br />reportedonaquarterlybasis. <br />The/źƷǤƭfinancialsystemaccountsforanyCDBGDRrelatedprogramincomeinseparateaccountswhich <br />identifytheincomesource(project).AnyprogramincomemustbereportedaspartoftheCDBGDRGR <br />reportingsystem.Inaddition,allprogramincomegeneratedfromaprojectisutilizedpriortorequesting <br />adrawdownofCDBGDRfunds. <br />H.MunisΑDRGRReconciliationandReportingofCostsandEligibleActivities <br />TheCitywillverifythatallcoststobechargedtotheCDBGDRprogramareallowablecosts(exceptas <br />describedin2CFR§200.461)incurredduringtheperiodofperformanceorauthorizedpreawardcostsin <br />compliancewith2CFR§200.309.Toensureinformationonobligations,expenditures,andprogram <br />incomematchthe/źƷǤƭdetailedfinancialinformation,theCitywillperformthefollowing: <br />MonthlyReconciliationofGeneralandProjectLedgersintheMunisFinancialSystem <br />MonthlyReconciliationoftheMunisFinancialSystemtoDRGRSystem <br />Drawsrequestedatleastquarterlybasedonthemonthlyreconciliations <br />Monthly,Quarterlyand/orAnnualrequiredreportsandotherapplicablereportswillbe <br />completedbasedonreconcileddata <br />QuarterlyPerformancewĻƦƚƩƷΑAquarterlyperformancereportwillbesubmittedtoHUDnolater <br />than30daysfollowingtheendofeachquarteraftergrantawardandcontinuinguntilallfunds <br />havebeenexpendedandallaccomplishmentshavebeenreported.Eachquarterlyreportwill <br />includeinformationabouttheusesoffundsduringtheapplicablequarterincluding(butnot <br />limitedto)theprojectname,activity,location,eligibleuseandnationalobjective;funds <br />budgeted,obligated,drawndownandexpended;thefundingsourceandtotalamountofany <br />CITYOFSANMARCOSCDBGDRFINANCIALPOLICIES&PROCEDURESMANAUAL9|P <br />AGE <br /> <br />
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