COM 0801.002 2010-2012 - Laserfiche WebLink

Home

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) [in the case of ehase of ee ^t^ the] The nonprofit organization shall submit a written report to the [may] 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) T the � t the efit .,t;., shat submit final :tto y eft to th-e L � nz;.� :'.��..�:: gip,.,.. ... Gettnt-y eouneil within sixty days after- june 30 of the fiseal year-. The report shall inelude an listing of other- ftinding so-iffir-e-es —And —amounts obtained dtifing the awafd ] (d) In addition to any other remedy provided by law, if the nonprofit organization fails to submit the written report due within sixty days after June 30 of the contractual year within the allotted time the County shall require the nonprofit organization to return all grant funds awarded and deem the nonprofit ineligible to receive future grant awards for at least the following fiscal year, and for all subsequent fiscal years until such time as that written report is submitted to, and accepted by, the council. (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." reasonable transition following adoption E)f this efdinanee for- fiseal year- 1996 97, the direetaf shall publish a netiee solieiting applieations for- the pufpose of awarding granis or- the pur-ehase Deeemb 31, 1995. All applieations shah be submitted to the dir-eeter- on « be f fe T.,.,uar-., 3 1 with the requir-ements E)f the County Code may be r-ejeeted. The remaining pr-eeedur-es set fei4h in Seetions 2 139 .d 2 140 shall be followed.]" 1 6