Financial Monitoring and Accountability core areas of responsibilities are:
- On-site Financial Monitoring – On-site monitoring is performed by a contracted third-party, with Financial Monitoring and Accountability staff responsible for developing the monitoring tool, providing guidance to the contracted provider, and approving the Preventive / Corrective Action Plans related to any monitoring findings. Review more Monitoring Information.
- Cost Allocation Plans – The Cost Allocation Plans for Early Learning Coalitions and Regional Workforce Boards are reviewed and approved, as amendments are submitted. An annual certification is required for any entities that do not make Plan changes.
- Department Contract Review – The department's internal contracting processes are reviewed annually for compliance with agency policy. The review includes a sampling of contracts administered by each program area, administration, and information technology.
- Technical Assistance – Technical assistance includes preparing and conducting training on issues related to compliance with federal and state requirements for the subrecipients, providing one-on-one assistance to subrecipients, and for assisting the program office in policy questions related to federal and state administrative requirements. Review more Technical Assistance Information.
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