Iowa Admin. Code r. 441-169.4

Current through Regsiter Vol. 46, No. 26, June 12, 2024
Rule 441-169.4 - Funding availability

The availability of funds is subject to the following parameters:

(1)Total funding available. Total funding available in each state fiscal year shall be the amount set pursuant to enacted legislative appropriations, less any other obligations that the legislation creates. Funding shall be further subject to federal funding actions which reduce or eliminate the availability of this funding and to changes in Iowa law.
(2)Administration of funds. These funds do not reside in the Iowa empowerment fund but are administered by the department. Upon the award of funding by the Iowa empowerment board, funds shall be disbursed to the community empowerment area by the department pursuant to a negotiated payment schedule that complies with state and federal law. Funds received by a community empowerment area shall be administered through a fiscal agent.
(3)Obligated funds. funds that have been applied for by and awarded to a community empowerment area prior to June 30 of each state fiscal year shall be considered obligated. These funds do not revert, but shall remain available to the area, regardless of whether the funding has yet been spent, if paid to the area by August 31 following the close of the state fiscal year in which the funds were obligated.
(4)Unobligated funds. Funds that have not been obligated or paid pursuant to the preceding subrule shall revert and do not remain available to the area in a subsequent state fiscal year.
(5)Eligible funding for area. In determining a designated community empowerment area's eligible funding, total funds available for the state fiscal year shall be prorated according to the following:
a. A designated community empowerment area's maximum eligible funding is the percentage of the total available funding which is equal to the area's percentage of average monthly statewide family investment program cases in the preceding state fiscal year, as reported to the Iowa empowerment board by the department.
b. If a community empowerment board's request for official designation is received by the Iowa empowerment board on or after September I, 1999, upon designation, the maximum funding amount shall be prorated for the fiscal year and rounded up to the nearest full month. The community empowerment areas that received designation in January 1999 and those areas requesting designation on or before August 31, 1999, are eligible to receive upon designation the maximum funding for the fiscal year beginning July I, 1999, upon submission and approval of an application.
c. The Iowa empowerment board may award a lesser amount than calculated pursuant to this subrule based on the nature of the community empowerment area's request.

Iowa Admin. Code r. 441-169.4