Mich. Admin. Code R. 330.1055

Current through Vol. 24-17, October 1, 2024

Section R. 330.1055 - Center; fiscal management

Rule 1055. A center shall insure efficient distribution of funds according to procedures which include uniform accounting and purchasing policies, unit cost analyses, annual audits, contracts, and a preliminary plan of expenditures, and shall be based on the following:

(a) Clear, up-to-date records of expenditures.

(b) A unit cost analysis of services performed not less than annually.

(c) Purchasing policies which require systematic approval by responsible agency staff of expenditure for supplies, equipment, and contracted services.

(d) Spending reports made available annually to the department.

Mich. Admin. Code R. 330.1055

1979 AC