AEBG Allocation Amendment: 2017-18 25 Lassen-Modoc Adult Education Consortium
25 Lassen-Modoc Adult Education Consortium
Allocation Amendment Summary
The Fiscal Declaration information in this section has been provided as a courtesy. It has not been changed since CFAD has been approved by the Member Representatives.
- Consortium Name
- 25 Lassen-Modoc Adult Education Consortium
- Funding Channel
- Fiscal Agent
- Fiscal Agent
- Not Selected
- Lassen Community College has been the fiscal agent since the first organizational meeting on January 10, 2014, and adopted in the consortium bylaws at the February 7, 2014 meeting. This was reaffirmed by consortium vote at the October 21, 2015 meeting with the adoption of the AEBG Governance Compliance Report. And again reaffirmed at the March 2, 2016 consortium meeting for AEBG consortium governing updates. The benefits of using the college as the fiscal agent are that the state fiscal policies are in place and align with the state compliance requirements for AEBG, CCCCO and CDE. The college administrative services office has an experienced staff to work with state grant funds, allocations, distributions and service contracts for compliance reporting.
- The AEBG grant is fiscally managed through the college administrative services office according to the college fiscal policies for grant funding to be accounted for separately. In grant accounts 12, each year of AEBG funding is in separate accounts; as 716 for 2016 and 717 for 2017. Each school district funded by a consortium mini grant is in a sub account of the year funding it is received. Each school district member has an approved budget by object code, program and objective; that is continually checked against expenditures. All budgets and expenditures approved align with the programs and objectives of AEBG. The roll up of all school districts mini grant expenditures is done by the grant coordinator obtaining data and back up invoices from each school district. Then working with the college fiscal office to roll up and certify each cumulative year budget of AEBG for the budget reporting. Compliance reports are certified by the college fiscal agent after review.