Section 802.64 - Fiscal Monitoring Activities(a) The Agency shall conduct fiscal monitoring activities to ensure that resources are efficiently and effectively used for authorized purposes and are protected from waste, fraud, and abuse. Processes and procedures used to determine Board, workforce service provider, AEL grant recipient, AEL service provider, and Agency grantee performance may include the review and evaluation of one or more of the following: (1) Accounting and reporting systems(3) Cash management practices(4) Cost allocation plans and processes(5) Cash disbursement compliance and documentation(6) Program income identification and reporting(7) Insurance coverage and risk exposure(8) Oversight and monitoring functions(9) Payroll administration(10) Purchasing and procurement processes and procedures(11) Property accountability and safeguarding(b) Processes and procedures used to determine Board, workforce service provider, AEL grant recipient, AEL service provider, and Agency grantee performance shall include a review, evaluation, and determination regarding compliance with the appropriate uniform administrative requirements for grants and agreements as well as the appropriate cost principles applicable for the type of entity receiving funds as listed in OMB circulars or rules.(c) Processes and procedures used to determine Board, workforce service provider, AEL grant recipient, AEL service provider, and Agency grantee performance shall include a review, evaluation, and determination regarding compliance with the applicable requirements regarding cost categories and cost limitations.40 Tex. Admin. Code § 802.64
The provisions of this §802.64 adopted to be effective February 7, 2011, 36 TexReg 604; amended to be effective February 24, 2014, 39 TexReg 1201