COM 0801.001 2010-2012 - Laserfiche WebLink

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Section 2 -142. Records, reporting, and fiscal accountability requirements. (a) The nonprofit organization shall follow generally accepted accounting procedures and practices and shall maintain books, records, documents, and other evidence which sufficiently and properly account for the expenditure of County funds. The books, records and documents shall be subject at all reasonable times to inspection, reviews, or audits by the County expending agency, the director, and the legislative auditor, or by their representatives. (b) The County expending agency, director of finance, or County council may request periodic written reports on the use of County funds. (c) [ • - ] The nonprofit organization shall submit a written report to the [County] council within sixty days after June 30 of the contractual year and an interim report no later than January 31 of the contract period. The report shall include, but not be limited to, a detailed description focusing on specific, measurable outcomes of how the County funds were used, public benefits derived from their use and a breakdown of other funding sources and their expenditures. [(d) In the case of grants, the nonprofit organization shall submit a final written report to the (d) In addition to any other remedy provided by law, if the nonprofit organization fails to comply with the reporting requirements contained in this section, the County shall require the nonprofit organization to return all grant funds awarded and deem the nonprofit ineligible to receive future grant awards for a period of five years. (e) Should the final report be deemed by the County to contain insufficient information, the nonprofit organization shall be notified of the deficiencies and shall provide the additional information within thirty days of notice or the nonprofit organization will be deemed to be in violation of this section. Section 2- 142.1. Rules. (a) The director shall adopt rules as may be necessary to meet the requirements of this article. (b) All application forms shall include a right to audit clause. (c) All application forms shall include, "As part of this application, you acknowledge that any funds awarded will be restricted for the purposes stated in the application except for a maximum ten percent for administrative and overhead costs." [Section 2 142.2. • . . general circulation within the County of I4awai`i by December 31, 1995. All applicatiens mall be submitted to the director on -er before January 31, �•.. •.. • with the requirements of the County -Cede may be rejected. The-remaining procedures set forth in Sections 2 139 and 2 140 shall be followed.]"