9/30/2015 1. Financial Management Continued and Capacity Potential for ERM What is being examined? Effective financial planning and adequate • financial capacity Questions 12-16 Reliable financial support • Questions 17-18 Proper administration of 5324 Emergency • Relief funds Questions 19-21 31 1. Financial Management Continued and Capacity Potential for ERM What is being examined? Proper financial oversight of subrecipients • Question 22 32 1. Financial Management Continued and Capacity Potential for ERM What may trigger a Financial ERM? Repeat findings, open findings • Service reductions • Project delays • Financial plan indicates problems • A-133 findings or issues • ECHO Drawdown issues • 33
9/30/2015 1. Financial Management Potential for ERM and Capacity Continued What is being examined? • Effective financial planning and adequate financial capacity Questions 12-16 • Reliable financial support Questions 17-18 • Proper administration of 5324 Emergency Relief funds Questions 19-21 31 1. Financial Management Potential for ERM and Capacity Continued What is being examined? • Proper financial oversight of subrecipients Question 22 32 1. Financial Management Potential for ERM and Capacity Continued What may trigger a Financial ERM? • Repeat findings, open findings • Service reductions • Project delays • Financial plan indicates problems • A-133 findings or issues • ECHO Drawdown issues 33