Oklahoma State Department of Education Office of Federal Programs 2018-2019 Local Educational Agency (LEA) Risk Assessment Profile In an effort to adhere to the administrative rules in the Code of Federal Regulations 2 CFR 200.205, the Office of Federal Programs has established guidelines for LEA risk assessment pertaining to programmatic and fiscal requirements. Excepting Title I allocations, all data gathered is from the previous year. Fiscal Risk Factors 1. Subrecipient (LEA) Award Size Points Multiplier Did the LEA receive a Title I allocation less than $1,000,000? 0 None x2 if points assigned in any other Did the LEA receive a Title I allocation between $1,000,000 and 3 risk category (maximum of 6 $10,000,000? points) x2 if points assigned in any other Did the LEA receive a Title I allocation between $11,000,000 and 5 risk category (maximum of 10 $20,000,000? points) 2. Financial Stability and Fiscal Assessment Points Multiplier Did the LEA fail to meet Maintenance of Effort in the previous year? 4 None x2 if amount lost was greater than Did the LEA lose 2nd year carryover funds in the previous year? 3 10% of the initial allocation x2 if amount lost was greater than Did the LEA lose excess 1st year carryover funds in the previous year? 2 3% of the initial allocation 3. Findings from Independent Audits Points Multiplier Did the LEA have an audit finding reported in the previous fiscal year? 5 None
Oklahoma State Department of Education Office of Federal Programs 2018-2019 Local Educational Agency (LEA) Risk Assessment Profile In an effort to adhere to the administrative rules in the Code of Federal Regulations 2 CFR 200.205, the Office of Federal Programs has established guidelines for LEA risk assessment pertaining to programmatic and fiscal requirements. Excepting Title I allocations, all data gathered is from the previous year. Fiscal Risk Factors 1. Subrecipient (LEA) Award Size Points Multiplier Did the LEA receive a Title I allocation less than $1,000,000? 0 None Did the LEA receive a Title I allocation between $1,000,000 and $10,000,000? 3 x2 if points assigned in any other risk category (maximum of 6 points) Did the LEA receive a Title I allocation between $11,000,000 and $20,000,000? 5 x2 if points assigned in any other risk category (maximum of 10 points) 2. Financial Stability and Fiscal Assessment Points Multiplier Did the LEA fail to meet Maintenance of Effort in the previous year? 4 None Did the LEA lose 2nd year carryover funds in the previous year? 3 x2 if amount lost was greater than 10% of the initial allocation Did the LEA lose excess 1st year carryover funds in the previous year? 2 x2 if amount lost was greater than 3% of the initial allocation 3. Findings from Independent Audits Points Multiplier Did the LEA have an audit finding reported in the previous fiscal year? 5 None
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