DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

Exhibit I - Funds Request and Receipt Times Schedule

State of Colorado
Federal Agency Payment Type | Request Cut-Off Time Receipt Window
Agriculture-FNS ‘ACH 11:59 PM I day
Agriculture-FNS Fedwire 3:45 PM Oday
Agriculture-FS ‘ACH 3:00 PM T day
Air National Guard ‘ACH 12:00 PM 15 days
Army National Guard ACH 12:00 PM 15 days
Commerce-NOAA ACH 2:00 PM 1 day
Dept of Homeland Security (FEMA) Fedwire 2:00 PM 2 days
Dept of Homeland Security (ODP) ACH 2:00 PM 2 days
Dept of Homeland Security (ODP) Fedwire 2:00 PM 2 days
EPA ACH 2:00 PM 2 days
EPA Fedwire 2:00 PM Oday
Education ‘ACH 3:00 PM T day
Education Fedwire 2:00 PM Oday
Energy ACH 4:00 PM I day
Energy Fedwire 3:00 PM 0 day
HHS ‘ACH 3:00 PM I day
HHS Fedwire 3:00 PM Oday
HUD ACH 5:30 PM 2 days
HUD Fedwire 3:00 PM 0 day
Interior-FWS ACH 11:59 PM 1 day
Interior-FWS Fedwire 5:45 PM 0 day
Interior-OSM ACH 3:00 PM 1 day
Interior-OSM Fedwire 1:00 PM 0 day
Justice ‘ACH 11:00 PM 6 days
Justice Fedwire 2:00 PM 2 days
Labor-Non-UTF ‘ACH 3:00 PM I day
Labor-UTF ‘ACH 3:00 PM I day
Labor-UTF Fedwire 3:00 PM Oday
National Science Foundation (NSF) ACH 8:00 PM T day
National Science Foundation (NSF) Fedwire 3:45 PM 0 day
Social Security Administration ‘ACH 11:59 PM T day
Social Security Administration Fedwire 3:45 PM Oday
Transportation (FAA) ACH 2:00 PM I day
Transportation (FHWA) ACH 12:00 PM 3 days
Transportation (FHWA) Fedwire 12:00 PM 0 day
Transportation (FTA) ‘ACH 2:00 PM T day
Veterans Administration ‘ACH 12:00 PM 3 days

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

request shall be for the exact amount of that disbursement. This funding technique is
interest neutral.

6.2.2 The following are terms under which funding techniques for administrative cost

shall be implemented for all transfers
of funds to which the funding technique is applied in section 6.3.2 of this Agreement.

There are currently no funding techniques listed in Section 6.2.2.

6.2.3. The following are terms under which miscellaneous funding techniques shall be implemented for all transfers of funds to
which the funding technique is applied in section 6.3.2 of this Agreement.

There are currently no funding techniques listed in Section 6.2.3.

6.2.4 The following are terms under which State unique funding techniques shall be implemented for all transfers of funds to which
the funding technique is applied in section 6.3.2 of this Agreement.

Funding Technique Name Description

Automatic Payment Distribution Revenue from Federal (Public) land leasing will trigger automatic payments from the
Federal Government. The payment distributions are computed in accordance with
Federal Law. Funds are not requested. Automatic payment distributions are sent by
the Federal Government. This funding technique is interest neutral.

6.3 Application of Funding Techniques to Programs

6.3.1 The State shall apply the following funding techniques when requesting Federal funds for the component cash flows of the
programs listed in sections 4.2 and 4.3 of this Agreement.

6.3.2 Programs
Below are programs listed in Section 4.2 and Section 4.3.

10.542 Pandemic EBT Food Benefits
Recipient: Department of Human Services
% of Funds Agency Receives: 100
Component: Program

Technique: Actual Clearance, ZBA - ACH
Average Day of Clearance: 0 Days

10.551 Supplemental Nutrition Assistance Program
Recipient: Department of Human Services

% of Funds Agency Receives: 100

Component: Program

Technique: Actual Clearance, ZBA - ACH
Average Day of Clearance: 0 Days

10.559 Summer Food Service Program for Children
Recipient: Department of Education

% of Funds Agency Receives: 90

Component: Program

Technique: Actual Clearance, ZBA - ACH
Average Day of Clearance: 0 Days

10.559 Summer Food Service Program for Children
Recipient: Department of Education

% of Funds Agency Receives: 10

Component: Program

Technique: Average Clearance

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

at least weekly for current project costs, the Federal interest liability shall not accrue prior to the day the State submits a request for
funds.

8.2.2 The State shall use the following method to calculate Federal interest liabilities:

The State shall track the actual cash activity for each Federal program by its own account. A negative cash balance at the close of
business indicates the State paid out its own funds for program purposes in the absence of supporting Federal funds. The Federal
interest liability shall be calculated by applying the daily interest to a program's negative cash balance.

8.3 The Unemployment Trust Fund

8.3.1 The State shall use the following method to calculate State interest liabilities on funds withdrawn from the several accounts
in the Unemployment Trust Fund:

The State shall use the following methodology to calculate State interest liabilities on funds withdrawn from the State account in the
UTF under the Unemployment Insurance program.

Based on statements provided by its financial institution (or other appropriate sources), the State shall determine the actual interest
earnings and the related banking costs attributable to funds withdrawn from its account in the UTF. At the end of the State's fiscal year,
the State shall calculate the percentage of its total unemployment compensation expenditures for (1) funds withdrawn from the State
account in the UTF, or the State %, and (2) funds withdrawn from the Federal Employees Compensation Account (FECA) and the
Extended Unemployment Compensation Account (EUCA) and any other accounts of Federal funds in the UTF, or the Federal %.

The actual interest earnings of the benefit payment account on the whole constitute the actual interest earnings attributable to funds
withdrawn from the State account in the UTF, since the State shall apply an appropriate interest neutral funding technique, to funds
withdrawn from the FECA and EUCA and any other benefit accounts of Federal funds in the UTF from which the State draws.

The State shall calculate the related banking costs attributable to funds withdrawn from the State account in the UTF by multiplying the
State % by the amount of the related banking costs of the benefit payment account as a whole. The State's liability for interest on funds
withdrawn from its account in the UTF shall consist of the actual interest earnings of the benefit payment account on the whole less the
related banking costs attributed to such funds.

8.4 Refund Liabilities

8.4.1 The State shall be liable for interest on refunds from the date the refund is credited to a State account until the date the refund
is debited from the State account for program purposes. The State shall apply a $50,000 refund transaction threshold below which
the State shall not incur or calculate interest liabilities on refunds. A transaction is defined as a single deposit.

8.4.2 For each refund, the State shall maintain information identifying:

(1) date a refund is credited to a State account

(2) date of the subsequent deposit of Federal funds against which the refund is offset
(3) amount of the refund

8.4.3 The State shall use the following methodology to calculate interest liabilities on refunds:
With programs to which applicable interest neutral funding techniques are applied, the State interest liability shall be based on the

difference in whole days between the date the refund is deposited in a State account and the date the refund is offset against a
subsequent deposit of Federal funds.

8.5 Exemptions

8.5.1 Where more than one State agency is a recipient of Federal funds under a program, a particular State agency's funding may be
excluded from interest calculation procedures if the State agency receives an amount of funds less than 5

% of the State's threshold for major Federal assistance programs. Notwithstanding this potential exemption, however, in no case
shall less than 90% of a program's total funding be subject to interest calculation procedures.

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

84.027 Special Education -- Grants to States
Recipient: Department of Education

% of Funds Agency Receives: 90
Component: Program

Technique: Actual Clearance, ZBA - ACH.
Average Day of Clearance: 0 Days

84.027 Special Education -- Grants to States
Recipient: Department of Education

% of Funds Agency Receives: 10
Component: Program

Technique: Average Clearance

Average Day of Clearance: 7 Days

84.425 Education Stabilization Fund
Recipient: Department of Education

% of Funds Agency Receives: 90
Component: Program

Technique: Actual Clearance, ZBA - ACH
Average Day of Clearance: 0 Days

84.425 Education Stabilization Fund
Recipient: Department of Education
% of Funds Agency Receives: 10
Component: Program

Technique: Average Clearance
Average Day of Clearance: 7 Days

93.323 Epidemiology and Laboratory Capacity for Infectious Diseases
(ELC)

Recipient: Department of Public Health and Environment

% of Funds Agency Receives: 100

Component: Program

Technique: Average Clearance

Average Day of Clearance: 5 Days

93.423 1332 State Innovation Waivers
Recipient: Department of Regulatory Affairs
% of Funds Agency Receives: 100
Component: Program

Technique: Actual Clearance, ZBA - ACH
Average Day of Clearance: 0 Days

93.558 Temporary Assistance for Needy Families
Recipient: Department of Human Services

% of Funds Agency Receives: 100

Component: Program

Technique: Average Clearance

Average Day of Clearance: 4 Days

93.568 Low-Income Home Energy Assistance
Recipient: Department of Human Services

% of Funds Agency Receives: 100
Component: Program

Technique: Average Clearance

Average Day of Clearance: 4 Days

93.575 Child Care and Development Block Grant
Recipient: Department of Human Services

% of Funds Agency Receives: 100

Component: Program

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

Average Day of Clearance: 7 Days

15.437 Minerals Leasing Act

Recipient: Department of the Treasury

% of Funds Agency Receives: 100
Component: Administration

Technique: Automatic Payment Distribution
Average Day of Clearance: N/A

17.225F Unemployment Insurance -- Federal Benefit Account and
Administrative Costs

Recipient: Department of Labor and Employment

% of Funds Agency Receives: |

Component: Administration

Technique: Average Clearance

Average Day of Clearance: 5 Days

17.225F Unemployment Insurance -- Federal Benefit Account and
Administrative Costs

Recipient: Department of Labor and Employment

% of Funds Agency Receives: 99

Component: Federal Benefit

Technique: Actual Clearance, ZBA - ACH

Average Day of Clearance: 0 Days

17.2258 Unemployment Insurance -- State Benefit Account
Recipient: Department of Labor and Employment

% of Funds Agency Receives: 100

Component: State - UTF

Technique: Actual Clearance, ZBA - ACH

Average Day of Clearance: 0 Days

20.205 Highway Planning and Construction
Recipient: Department of Transportation

% of Funds Agency Receives: 100
Component: Program

Technique: Average Clearance

Average Day of Clearance: 5 Days

21.027 Coronavirus State and Local Fiscal Recovery Funds
Recipient: Department of Labor and Employment

% of Funds Agency Receives: 100

Component: Program

Technique: Actual Clearance, ZBA - ACH

Average Day of Clearance: 0 Days

84.010 Title I Grants to Local Educational Agencies
Recipient: Department of Education

% of Funds Agency Receives: 90

Component: Program

Technique: Actual Clearance, ZBA - ACH

Average Day of Clearance: 0 Days

84.010 Title I Grants to Local Educational Agencies
Recipient: Department of Education

% of Funds Agency Receives: 10

Component: Program

Technique: Average Clearance

Average Day of Clearance: 7 Days

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

To determine the percentage of the disbursement paid out each day following issuance, the amount of the checks that clear the
State's account each day shall be summed and then divided by the amount of the total disbursement.

For each day following issuance, the clearance time of the checks paid out that day shall be multiplied by the percentage of the total
disbursement those checks represent. This product is the clearance factor.

The dollar-weighted average day of clearance for the disbursement shall be determined by summing the clearance factor of each day
following the disbursement.

7.7 The State shall adjust each clearance pattern to reflect the dollar-weighted proportion of funds paid out by EFT/Direct payroll,
with the following exceptions:

None

The State shall also adjust each clearance pattern to reflect:

None.

7.8 Each of the State's clearance patterns is calculated in Business days.

7.9 An authorized State official shall certify that each clearance pattern developed by the State accurately corresponds to the
clearance activity of the programs to which it is applied. This certification shall be provided to the Fiscal Service prior to the
effective date of the Agreement. The State shall recertify its clearance patterns at least every five years.

7.10 The State shall follow the procedures of 31 CFR 205 if it has actual or constructive knowledge, at any time, that a clearance

pattern does not correspond to a program's clearance activity.

8.0 INTEREST CALCULATION METHODOLOGY
8.1 General Terms

8.1.1 The State and the Secretary agree that no interest liabilities will be incurred for transfers of funds made in accordance
with the procedures specified in section 6 of this Agreement where the following funding techniques are applied:

Actual Clearance, ZBA - ACH
Automatic Payment Distribution
Average Clearance

8.1.2 The State shall maintain information on disbursements and receipts of funds to verify the implementation of any funding
technique and document interest liabilities.

For each disbursement, the State shall be able to identify:

(1) amount of the issuance

(2) date of issuance

(3) date Federal funds are received and credited to a State account

(4) amount of Federal funds received

(5) date funds were requested

8.2 Federal Interest Liabilities

8.2.1 A Federal interest liability shall accrue from the day the State pays out its own funds for program purposes to the day Federal
funds are credited to a State account. With regard to funds transferred out of the Federal Highway Trust Fund, if a State does not bill

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

Cash Management Improvement Act Agreement
between
The State of Colorado
and
The Secretary of the Treasury,
United States Department of the Treasury

The Secretary of the Treasury, United States Department of the Treasury (hereafter 'Secretary'), and State of Colorado (hereafter
'State'), in order to implement Section 5 of the Cash Management Improvement Act of 1990, as amended (hereafter 'Act'), agree
as follows:

1.0 AGENTS OF THE AGREEMENT

1.1 The Authorized Official(s) for the State of Colorado shall be the State Treasurer in all matters concerning this Agreement.

1.2 The Assistant Commissioner, Revenue Collections Management, Bureau of the Fiscal Service (Fiscal Service), U.S.
Department of the Treasury, shall act as the Secretary's representative in all matters concerning this Agreement.

2.0 AUTHORITY

2.1 The authority for this Agreement is the Cash Management Improvement Act of 1990 (Public Law 101-453), as amended by
the Cash Management Improvement Act of 1992 (Public Law 102-589), codified at 31 U.S.C. 6501 and 31
U.S.C. 6503.

2.2 The regulations codified at 31 CFR Part 205 shall apply to all matters pertaining to this Agreement, and are incorporated
herein by reference. In the event of any inconsistency between this Agreement and 31 CFR Part 205, the regulations shall govern.

3.0 DURATION, AMENDING, TERMINATING, AND MISCELLANEOUS PROVISIONS
3.1 This Agreement shall take effect on 07/01/2023 and shall remain in effect until 06/30/2024.

3.2 This Agreement may be amended at any time by written, mutual consent of the State and the Fiscal Service. This Agreement shall
be amended annually to incorporate new programs that qualify as major Federal assistance programs and remove programs that no
longer qualify as major Federal assistance programs. A State must notify the Fiscal Service in writing within 30 days of the time the
State becomes aware of a change that involves additions or deletions of programs subject to Subpart A, changes in funding
techniques, and/or changes in clearance patterns. The notification must include a proposed amendment for review by the Fiscal
Service.

3.3 Notwithstanding section 3.2, in the event of Federal or State non-compliance with Subpart B of 31 CFR, Part 205, the Fiscal
Service may amend this Agreement at any time to incorporate additional programs and the entities that administer those programs.

3.4 This Agreement may be terminated by either party with 30 days written notice. If this Agreement is terminated, the Fiscal
Service will prescribe the funding techniques, clearance patterns, and methods for calculating interest liabilities to be used by the
State.

4.0 PROGRAMS COVERED

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

Costs for calculating and analyzing clearance patterns for Annual Interest Calculation Report..

10.3 The State shall submit all claims for reimbursement of interest calculation costs with its Annual Report in accordance with 31
CFR 205.

11.0 NON-COMPLIANCE

11.1 The provisions of 31 CFR Part 205.29 and 31 CFR Part 205.30 shall apply in cases of non-compliance with the terms of
this Agreement.

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

Proration of calculations: If less than total program funding is subject to interest calculation procedures, the resulting interest
liability calculations shall be prorated to 100% of program funding.

8.6 State Interest Liabilities

8.6.1 The State shall be liable for interest on Federal funds from the date Federal funds are credited to a State account until the
date those funds are paid out for program purposes.

8.6.2 The State shall use the following method to calculate State interest liabilities on Federal funds:
8.6.2.1 Measuring Time Funds Are Held

To determine the total time Federal funds are held, the State shall measure the time between the date Federal funds are received and
credited to a State's account and the date those funds are debited from the State's account.

8.6.2.2 Source of Data

Clearance Patterns:

The time period from issuance of funds to the date funds are debited from the State's account shall be determined by the
appropriate clearance pattern specified in Exhibit IT.

8.6.2.3 Standards Applied

The average daily cash balance of Federal Funds in the program's account reflects the actual activity of each draw from the date of
deposit to the date of issuance or clearance, whichever is pertinent.

8.6.2.4 Calculation Procedure

I= ADB x R, where
I= State's total interest liability
ADB = Average Daily Balance of cash in a program's account, measured from deposit to clearance

R= Annualized rate equal to the average equivalent yields of 13-week Treasury bills auctioned during a State's fiscal year
9.0 REVERSE FLOW PROGRAMS

The State is not required to cover any reverse flow programs under the terms of this Agreement because the State does not
participate in the program.

9.0.0 The State is not required to cover any reverse flow programs under the terms of this agreement because the State
does not participate in the program

10.0 INTEREST CALCULATION COSTS

10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of
interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest
calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for
accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest
calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with
the annual report.

10.2 The State expects to incur the following types of interest calculation costs:

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

Technique: Average Clearance
Average Day of Clearance: 4 Days

93.767 Children's Health Insurance Program

Recipient: Department of Health Care Policy and Financing
% of Funds Agency Receives: 100

Component: Program

Technique: Average Clearance

Average Day of Clearance: 3 Days

93.778 Medical Assistance Program
Recipient: Department of Health Care Policy and Financing
% of Funds Agency Receives: 100
Component: Program
Technique: Average Clearance
Average Day of Clearance: 3 Days
97.036 Disaster Grants - Public Assistance (Presidentially Declared
Disasters)
Recipient: Department of Public Safety
% of Funds Agency Receives: 100
Component: Program
Technique: Actual Clearance, ZBA - ACH
Average Day of Clearance: 0 Days
6.3.3 Materiality Exemptions
Agencies exempt from coverage on the basis of materiality:
None.
7.0 CLEARANCE PATTERNS
7.1 The State shall develop separate clearance patterns for each of the following:
Separate clearance patterns are developed for each agency that administers a group of federal grant programs.
7.2 The following shall develop the State's clearance patterns:
The Treasury Department of State of Colorado utilizing the methodology presented in Sections 7.3 to 7.10.
7.3 The sources of data the State shall use when developing its clearance patterns are as follows:
Colorado Operations Resource Engine (CORE).
7.4 The State shall use the following methodology when developing its clearance patterns:
For all clearance patterns developed by statistical sampling, the State shall randomly sample checks to ensure, at a minimum, a 95%

confidence interval for a .25 weighted-day level of precision for the checks in the sample. The State shall track at least 99% of the funds
disbursed, from issuance to clearance, in the sample period.

7.5. The State shall identify for each check or warrant (hereafter, check) in the population: (1) the date the check was released
for payment; (2) the date the check was debited from the State's account, and, (3) the amount of the check.

7.6 The State shall use the following method to calculate the dollar-weighted average day of clearance:

To determine the number of days each check was outstanding (clearance time), the issue date shall be subtracted from the date the
check cleared the State's account.

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

The State will comply with the following guidelines when requesting supplemental funding for TANF (CFDA 93.558), CCDF
(CFDA 93.575), CSE (93.563), and the FC/AA (CFDA 93.658 and CFDA 93.659) programs administered by the
U.S. Department of Human Services, Administration for Children and Families (HHS/ACF):

a. Timing of the Request

A State should initiate its request for supplemental funding during a quarter as soon as it becomes aware of the fact that a shortfall
does/will exist. For the TANF and CCDF grants, supplemental funding requests (estimates) may be submitted by a State, for
consideration by ACF, up through and including the 15th day of the third month of the first, second or third quarter of any fiscal year.
Since TANF and CCDF are block grant programs, all unawarded portions of the annual allotment will automatically be issued at the
beginning of the fourth quarter. Therefore, supplemental funding requests will not be available during the fourth quarter for these
programs. For the CSE and FC/AA programs, supplemental funding requests may be submitted by a state, for consideration by ACF,
up through and including the 15th day of the third month of any quarter of a fiscal year.

b. Justification for the Request

The request for a supplemental funding for any of the above-mentioned programs should contain a justification clearly documenting
the need for the additional funding authority during the current quarter. This documentation should be in the form of State accounting
records or similar documents that will show the actual expenditures through the most recent month for which such data are available,
as well as the State's most accurate projection of its anticipated expenditures during the remaining month(s) of the quarter. For either
the TANF or the CCDF program, the State's justification should also include an explanation of the activities requiring the obligation
and/or expenditure of amounts that exceed the normal quarterly grant award restrictions and why these activities could not have been
delayed until the next quarter.

c, Form Submittal
Supplemental funding requests should be made by completing the appropriate ACF quarterly report of expenditures and estimates
applicable to the particular program for which the grant award request is being made.

d. Approval Process

Upon receipt of the state's request for additional funding authority for a quarter, the ACF Regional Office will promptly review the
supporting documentation. If the request is properly justified, so long as ACF has adequate funding availability, the State's request
will be expedited and supplemental funding will be issued within 5 days of ACF receiving the request. The State will be notified by
the Regional Office when the supplemental award has been transmitted to the Payment Management System (PMS) and when it
may initiate drawdowns against the supplemental funding.

Additional guidance on this policy is provided in the U.S. Department of Health & Human Services, Administration for Children
and Families, letter (May 19, 2004) to State Administrators from the Deputy Assistant Secretary for Administration.

6.2 Description of Funding Techniques

6.2.1 The following are terms under which standard funding techniques shall be implemented for all transfers of funds to which the
funding technique is applied in section 6.3.2 of this Agreement.

Funding Technique Name Description

Actual Clearance, ZBA - ACH The State shall request funds such that they are deposited by ACH in a State account
on the settlement date of payments issued by the State. The request shall be made in
accordance with the appropriate Federal agency cut-off time specified in Exhibit I.
The amount of the request shall be for the amount of funds that clear the State's
account on the settlement date. This funding technique is interest neutral.

Average Clearance The State shall request funds such that they are deposited by ACH on the dollar-
weighted average day of clearance for the disbursement, in accordance with the
clearance pattern specified in Exhibit Il. The request shall be made in accordance with
the appropriate Federal agency cut-off time specified in Exhibit 1. The amount of the

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

Exhibit II - State of Colorado
LIST OF STATE CLEARANCE TIMES
(Rounded Dollar-Weighted Average Day of Clearance)
Clearance Times Where the Timing of A Draw Down Is Based on A Clearance Pattern

CFDA Program Name Recipient % Component Technique Rounded
days
10.542 Pandemic EBT Department of 100.0 | Program Actual Clearance, 0 Days
Food Benefits Human Services ZBA - ACH
10.551 Supplemental Department of 100.0 | Program Actual Clearance, 0 Days
Nutrition Human Services ZBA - ACH
Assistance
Program
10.559 Summer Food Department of 90.0 Program Actual Clearance, 0 Days
Service Program Education ZBA - ACH
for Children’
Summer Food Department of 10.0 | Program Average Clearance | 7 Days
Service Program Education
for Children
15.437 Minerals Leasing Department of the 100.0 | Administration Automatic Payment | N/A
Act Treasury Distribution
17.225 Unemployment Department of 1.0 Administration Average Clearance 5 Days
F Insurance -- Labor and
Federal Benefit Employment
Account and
Administrative
Costs
Unemployment Department of 99.0 Federal Benefit Actual Clearance, 0 Days
Insurance -- Labor and ZBA - ACH
Federal Benefit Employment
Account and
Administrative
Costs
17.225 Unemployment Department of 100.0 | State - UTF Actual Clearance, 0 Days
s Insurance -- State Labor and ZBA - ACH
Benefit Account Employment
20.205 Highway Planning Department of 100.0 | Program Average Clearance | 5 Days
and Construction. Transportation
21.027 Coronavirus State Department of 100.0 | Program Actual Clearance, 0 Days
and Local Fiscal Labor and ZBA - ACH
Recovery Funds Employment |
84.010 Title I Grants to Department of 90.0 Program Actual Clearance, 0 Days
Local Educational Education ZBA - ACH
Agencies
Title I Grants to Department of 10.0 Program Average Clearance 7 Days
Local Educational Education
Agencies
84.027 | Special Education Department of 90.0 | Program Actual Clearance, | 0 Days
-- Grants to States Education ZBA - ACH
Special Education Department of 10.0 Program Average Clearance 7 Days
-- Grants to States Education.

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DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

DocuSigned by:

(hares Scribe

Certifying Signature:

Title: C00/CFO

Page 17 of 17


DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

Department of Public Safety
Department of Regulatory Affairs
Department of the Treasury
Department of Transportation

5.2 Entities that meet the definition of a Fiscal Agent per 31 CFR Part 205 shall be subject to the terms of this Agreement. The
following is a list of Fiscal Agents that administer funds under the programs listed in the Section 4.0 of this Agreement:

Fiscal Agent CFDA Program Name
Fidelity National Information Services, 10.551 Supplemental Nutrition A‘
Inc. (FIS) Program

6.0 FUNDING TECHNIQUES
6.1 General Terms

6.1.1 The State shall request Federal funds in accordance with the appropriate cut-off times shown in Exhibit I to ensure funds will
be received and credited to a State account by the times specified in the funding techniques. Exhibit I is incorporated by reference
herein.

6.1.2 The State shall schedule the receipt of Federal funds such that the funds are received and credited to a State account in
accordance with the clearance patterns specified in Exhibit II - List of State Clearance Patterns. Exhibit II is incorporated by
reference herein.

6.1.3 In instances where the receipt of funds is scheduled for a Saturday, the State shall request funds for deposit on Friday. In
instances where the receipt of funds is scheduled for a Sunday, the State shall request funds for deposit on Monday. In instances
where the receipt of Federal funds is scheduled for deposit on a day when the State is not open for business, the State shall request
funds for deposit the day following the scheduled day; in instances where the receipt of Federal funds is scheduled for deposit on a
day when the Federal Government is not open for business, the State shall request funds for deposit the day prior to the scheduled
day.

6.1.4 Estimates and Reconciliation of Estimates:

Where estimated expenditures are used to determine the amount of the drawdown, the State will indicate in the terms of the State
unique funding technique how the estimated amount is determined and when and how the State will reconcile the difference
between the estimate and the State's actual expenditures.

6.1.5 Supplemental Funding:
Unless otherwise defined by program rules, Supplemental Funding is the award of additional funds to provide for an increase in
costs due to unforeseen circumstances.

The State will comply with all Federal program agency policies and procedures for requesting supplemental grant funding.

The State will comply with the following guidelines when requesting supplemental funding for the Medical Assistance Program
and associated administrative payments (CFDA 93.778):

The State must submit a revised Medicaid Program Budget Report (CMS-37) to request supplemental funding. The CMS guidelines
and instructions for completing the CMS-37 are provided in Section 2600F of the State Medicaid Manual (SMM). The CMS/CO must
receive the revised Form CMS-37 through the Medicaid Budget Expenditure System/Children's Budget Expenditure System
(MBES/CBES) no later than 10 calendar days before the end of the quarter for which the supplemental grant award is being
requested.

Additional guidance on this policy is available from the respective CMS Regional Office, U.S. Department of Health & Human
Services.

Page 3 of 17


DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

4.1 The State's threshold and its major Federal assistance programs shall be determined based on information and data from

involved State agencies and the State Single Audit for fiscal year ending 06/30/2022.

All major Federal assistance programs shall be covered by this Agreement, unless otherwise specified in section 4.4 of this
Agreement.

4.2 The State's threshold for major Federal assistance programs is $120,648,392.

The following programs meet or exceed the threshold and are not excluded in Section 4.4:

CFDA Program Name

10.542 Pandemic EBT Food Benefi

10.551 Supplemental Nutrition Assistance Program

10.559 Summer Food Service Program for Children

15.437 Minerals Leasing Act

17.225F Unemployment Insurance -- Federal Benefit Account and
Administrative Costs

17.2258 Unemployment Insurance -- State Benefit Account

20.205 Highway Planning and Construction

21.027 Coronavirus State and Local Fiscal Recovery Funds

84.010 Title I Grants to Local Educational Agencies

84.027 Special Education -- Grants to States

84.425 Education Stabilization Fund

93.323 Epidemiology and Laboratory Capacity for Infectious Diseases
(ELC)

93.423 1332 State Innovation Waivers

93.558 Temporary Assistance for Needy Families

93.568 Low-Income Home Energy Assistance

93.575 Child Care and Development Block Grant

93.767 Children's Health Insurance Program

93.778 Medical Assistance Program

97.036 Disaster Grants - Public Assistance (Presidentially Declared
Disasters)

4.3 The following programs fall below the State's threshold but have been required to be covered by Fiscal Service in
accordance with the non-compliance provisions of Subpart B of 31 CFR Part 205:

There are currently no programs listed for Section 4.3.

4.4 The following programs exceed the State's threshold but have been excluded from coverage for the reason indicated:

CEDA Program Name Exclusion Reason
84.032 Federal Family Education Loans Non-State
84.063 Federal Pell Grant Program Non-State
84.268 Federal Direct Student Loan Non-State

5.0 ENTITIES COVERED

5.1 State agencies and instrumentalities that meet the definition of a State per 31 CFR Part 205, shall be subject to the terms of this
Agreement. The following is a list of such entities that administer funds under the programs listed in Section

4.0 of this Agreement:

Department of Education

Department of Health Care Policy and Financing
Department of Human Services

Department of Labor and Employment
Department of Public Health and Environment

Page 2 of 17



DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384
12.0 © AUTHORIZED SIGNATURES

David L. Young
Colorado State Treasurer By: Charles Scheibe, Chief Financial Officer

DocuSigned by:

Signature: Charles Scribe

Date Signed: 6/1/2023

ABE DESESSIGAATE.

Date Submitted 6/1/2023

Sandra R. Paylor

Assistant Commissioner

Revenue Collections Management
Bureau of the Fiscal Service

U.S. Department of the Treasury

pocutigned by
Signature: [ sandr a P aylor 6/1/2023

Date Signed:
sresrars= a0

Page 13 of 17


DocuSign Envelope ID: 6F5ADA90-661F-4BC6-9DDC-F3022E74C384

84.425 Education Department of 90.0 Program Actual Clearance, 0 Days
Stabilization Fund Education ZBA - ACH
Education Department of 10.0 | Program Average Clearance | 7 Days
Stabilization Fund Education

93.323 Epidemiology and Department of 100.0 | Program Average Clearance | 5 Days
Laboratory Public Health and
Capacity for Environment
Inietious
Diseases (ELC)

93.423 1332 State Department of 100.0 | Program Actual Clearance, 0 Days
innovation egulator
Waivers Affairs ZBA - ACH

93.558 Temporary Department of 100.0 | Program Average Clearance | 4 Days
Assistance for Human Services

Needy Families

93.568 Low-Income Department of 100.0 | Program Average Clearance 4 Days
Home Energy Human Services
Assistance

93.575 Child Care and Department of 100.0 | Program Average Clearance | 4 Days
Development Human Services
Block Grant

93.767 Children's Health Department of 100.0 | Program Average Clearance | 3 Days
Insurance Health Care
Program Policy and

Financing

93.778 Medical Department of 100.0 | Program Average Clearance | 3 Days
Assistance Health Care
Program Policy and

Financing

97.036 Disaster Grants - Department of 100.0 | Program Actual Clearance, 0 Days
Public Assistance Public Safety ZBA - ACH
{Presidentially

eclared
Disasters)
Certification

I hereby certify that an authorized State official has certified at least every five years that the "Rounded Days of Clearance" listed
in Exhibit 2 of this Treasury-State Agreement:

1. Have been prepared in accordance with the standards provided in 31 CFR 205.20;

2. Accurately represent the flow of Federal funds under the Federal assistance programs to which they apply;

3. Reflect seasonal or other periodic variations in the clearance activities; and,

4. Are auditable.

Date: 6/1/2023

A Charles Scheibe
Printed Name:

Page 16 of 17