Page 1 of 24

Cash Management Improvement Act Agreement

between

The State of Iowa

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 Iowa (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 Iowa shall be the Chief Operating Officer of the State Accounting Enterprise, Iowa 

Department of Administrative Services 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 07/01/2021 and shall remain in effect until 06/30/2022.

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.

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 2 of 24

4.0 PROGRAMS COVERED

4.1 The State's threshold and its major Federal assistance programs shall be determined based on the Single Audit for fiscal 

year ending 06/30/2020.

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 $64,551,754.

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

CFDA Program Name

10.551 Supplemental Nutrition Assistance Program

10.555 National School Lunch Program

17.225F Unemployment Insurance -- Federal Benefit Account and 

Administrative Costs

17.225S Unemployment Insurance -- State Benefit Account

20.205 Highway Planning and Construction

66.458 Capitalization Grants for Clean Water State Revolving Funds

66.468 Capitalization Grants for Drinking Water Revolving Fund

84.010 Title I Grants to Local Educational Agencies

84.027 Special Education -- Grants to States

93.558 Temporary Assistance for Needy Families

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:

There are currently no programs listed for Section 4.4.

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 Human Rights

Department of Human Services

Department of Inspections and Appeals

Department of Natural Resources

Department of Transportation

Homeland Security & Emergency Management Division

Iowa Finance Authority

Iowa Workforce Development

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:

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 3 of 24

Fiscal Agent CFDA Program Name

Conduent State & Local Solutions, Inc 10.551 Supplemental Nutrition Assistance 

Program

US Bank 17.225F Unemployment Insurance -- Federal 

Benefit Account and Administrative Costs

US Bank 17.225S Unemployment Insurance -- State Benefit 

Account

Wells Fargo ; Iowa Finance Authority 66.458 Capitalization Grants for Clean Water 

State Revolving Funds

Wells Fargo ; Iowa Finance Authority 66.468 Capitalization Grants for Drinking Water 

Revolving Fund

Conduent State & Local Solutions, Inc 93.558 Temporary Assistance for Needy Families

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.

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 4 of 24

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

Services.

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.

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 5 of 24

Post-Issuance The State shall request funds such that they are deposited in a State account after the 

State issues checks, but before the checks clear. 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 the amount of the disbursement. This funding 

technique is not interest neutral.

Pre-Issuance The State shall request funds such that they are deposited in a State account not more 

than three business days prior to the day the State makes a disbursement. 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 the amount the State expects 

to disburse. This funding technique is not interest neutral.

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

Indirect Cost Rates - Actual Base - Monthly The State shall request funds once a month, such that they are deposited on the median 

day of the month. 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 

determined by applying the indirect cost rate to the appropriate cost base of the prior 

month. This funding technique is interest neutral.

Indirect Cost Rates - Actual Base - Quarterly The State shall request funds once a quarter, such that they are deposited on the 

median day of the quarter. 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 determined by applying the indirect cost rate to the appropriate cost 

base of the quarter. This funding technique is interest neutral.

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.

Funding Technique Name Description

Capitalization Grants for State Revolving 

Funds

The State shall request funds to minimize the time between the drawdown of funds 

from Treasury and their deposit into the revolving fund. The timing of the drawdown 

of Federal funds for deposit to the revolving fund is subject to the interest provisions 

of 31 CFR Part 205, however there is an interest exemption for the interest the State 

earns once the funds are deposited into the revolving fund. The request for funds 

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 the funds 

to be used for immediate program purposes. The State will not incur an interest 

liability for interest earned on revolving fund loans. This funding technique is interest 

neutral.

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

Actual Administrative Non-Payroll Costs -

Weekly

The State shall request funds weekly such that they are deposited in a State account on 

Tuesdays. 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 based on 

the previous week's actual expenses. This funding technique is interest neutral.

Contractor Payments - Post Issuance The State shall request funds such that they are deposited in a State account by ACH 

the day after the State issues checks, but before the checks clear. 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 the amount of the disbursement. This 

funding technique is not interest neutral.

Cost Allocation Plans - Administrative 

Costs- Bi-weekly

The State shall request funds bi-weekly, such that they are deposited on the day of the 

State's payday. 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 the 

prorated amount of administrative costs base on the most recent, certified, quarterly 

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 6 of 24

cost allocation, with adjustments made to subsequent draws based on actual labor 

distributions and recoveries, when applicable. This funding technique is interest 

neutral.

Cost Allocation Plans - Indirect Costs - BiweeklyThe State shall request funds bi-weekly, such that they are deposited on the day of the 

State's payday. 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 the 

prorated amount of indirect costs based on the most recent, certified, quarterly cost 

allocation, with adjustments made to subsequent draws based on actual labor 

distributions and recoveries, when applicable. This funding technique is interest 

neutral.

Estimated Administrative Costs-Bi-weekly -

Monthly Adjustments

The State shall request funds bi-weekly such that they are deposited in a State account 

on the day the State's payroll is issued. 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 the prorated amount of administrative costs based on a combination of 

26 allotments of the annual grant amount adjusted based on historical actual prorated 

costs for the year. Monthly adjustments are made to subsequent draws based on the 

actual labor distribution and recoveries when applicable. This funding technique is 

interest neutral.

Estimated Administrative Payroll Costs -

Estimated Base-Bi-weekly

The State shall request funds bi-weekly for estimated payroll costs such that they are 

deposited in a State account not more than three business days prior to the day the 

State makes a payroll disbursement. 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 determined by applying a percentage of 75% to the appropriate cost 

base occurring 4 weeks prior with adjustments made to subsequent draws based on 

actual labor distributions and recoveries when applicable. This funding technique is 

not interest neutral.

Indirect Cost Rates-Estimated Base-Biweekly-Quarterly AdjustmentsThe State shall request funds bi-weekly in conjunction with the payroll request such 

that they are deposited in a State account not more than three business days prior to 

the day the State makes a payroll disbursement. 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 determined by applying the indirect cost rate to 

75% of the appropriate cost base occurring 4 weeks prior with adjustments made to 

subsequent draws based on actual labor distributions and recoveries when applicable. 

A quarterly reconciliation will be completed to ensure programs are in compliance 

with the indirect cost rate for the federal fiscal year. This funding technique is not 

interest neutral.

Reimbursement - Advance Construction The State shall request funds for contractor payments such that they are deposited by 

ACH on the same day as requested and after the payments issued by the State have 

cleared. Of the total number of contractor payments, approximately 82% are issued 

electronically through ACH/EFT. Additionally, of the total contractor payments, 

approximately 65% of the federal funds spent are associated with Advance 

Construction projects. Those contractor payments that are associated with Advance 

Construction projects are first supported with State funding and converted to Federal 

funding at a later date. For Advance Construction projects, Federal funds are 

requested at the time of conversion and 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 the amount of expenditures converted to Federal funds. This funding 

technique is interest neutral.

State Revolving Funds - Administrative/Tech 

Costs

The State shall request funds monthly for expenditures which were incurred in the 

prior month. Expenditures will be determined as soon as possible subsequent to the 

close of each month and a request for funds will normally occur by the second Friday 

of the month following the ending of the prior month. The request shall be made in 

accordance with the appropriate Federal agency cut-off time specified in Exhibit 1. 

The amount of the request shall be for the actual expenditures incurred during the 

prior month. 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.

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 

7 of 24

6.3.2 Programs

Below are programs listed in Section 4.2 and Section 4.3.

10.551 Supplemental Nutrition Assistance Program

Recipient: Department of Human Services

% of Funds Agency Receives: 100

Component: Program Costs

Technique: Actual Clearance, ZBA - ACH

Average Day of Clearance: 1 Day

10.555 National School Lunch Program

Recipient: Department of Education

% of Funds Agency Receives: 100

Component: Program Costs

Technique: Pre-Issuance

Average Day of Clearance: N/A

17.225F Unemployment Insurance -- Federal Benefit Account and 

Administrative Costs

Recipient: Iowa Workforce Development

% of Funds Agency Receives: 96.86

Component: Program Costs

Technique: Pre-Issuance

Average Day of Clearance: 0 Days

17.225F Unemployment Insurance -- Federal Benefit Account and 

Administrative Costs

Recipient: Iowa Workforce Development

% of Funds Agency Receives: .28

Component: Indirect Costs

Technique: Indirect Cost Rates-Estimated Base-Bi-weekly-Quarterly 

Adjustments

Average Day of Clearance: N/A

17.225F Unemployment Insurance -- Federal Benefit Account and 

Administrative Costs

Recipient: Department of Inspections and Appeals

% of Funds Agency Receives: .11

Component: Administrative Costs

Technique: Estimated Administrative Costs-Bi-weekly - Monthly 

Adjustments

Average Day of Clearance: N/A

17.225F Unemployment Insurance -- Federal Benefit Account and 

Administrative Costs

Recipient: Iowa Workforce Development

% of Funds Agency Receives: 1.91

Component: Administrative Costs - Payroll

Technique: Estimated Administrative Payroll Costs - Estimated Base-

Bi-weekly

Average Day of Clearance: N/A

17.225F Unemployment Insurance -- Federal Benefit Account and 

Administrative Costs

Recipient: Iowa Workforce Development

% of Funds Agency Receives: .84

Component: Administrative Costs - Non-Payroll

Technique: Actual Administrative Non-Payroll Costs - Weekly

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 

8 of 24

Average Day of Clearance: N/A

17.225S Unemployment Insurance -- State Benefit Account

Recipient: Iowa Workforce Development

% of Funds Agency Receives: 100

Component: Program Costs

Technique: Post-Issuance

Average Day of Clearance: N/A

20.205 Highway Planning and Construction

Recipient: Department of Transportation

% of Funds Agency Receives: 13

Component: Contractor Payments - Non Advance Construction

Technique: Contractor Payments - Post Issuance

Average Day of Clearance: N/A

20.205 Highway Planning and Construction

Recipient: Department of Transportation

% of Funds Agency Receives: 83

Component: Contractor Payments - Advance Construction

Technique: Reimbursement - Advance Construction

Average Day of Clearance: N/A

20.205 Highway Planning and Construction

Recipient: Department of Transportation

% of Funds Agency Receives: 4

Component: City and County Pass-thru

Technique: Pre-Issuance

Average Day of Clearance: N/A

66.458 Capitalization Grants for Clean Water State Revolving Funds

Recipient: Iowa Finance Authority

% of Funds Agency Receives: .08

Component: Indirects

Technique: Indirect Cost Rates - Actual Base - Monthly

Average Day of Clearance: N/A

66.458 Capitalization Grants for Clean Water State Revolving Funds

Recipient: Department of Natural Resources

% of Funds Agency Receives: .26

Component: Indirects

Technique: Indirect Cost Rates - Actual Base - Monthly

Average Day of Clearance: N/A

66.458 Capitalization Grants for Clean Water State Revolving Funds

Recipient: Iowa Finance Authority

% of Funds Agency Receives: 96.65

Component: Program

Technique: Capitalization Grants for State Revolving Funds

Average Day of Clearance: N/A

66.458 Capitalization Grants for Clean Water State Revolving Funds

Recipient: Iowa Finance Authority

% of Funds Agency Receives: .68

Component: Administrative

Technique: State Revolving Funds - Administrative/Tech Costs

Average Day of Clearance: N/A

66.458 Capitalization Grants for Clean Water State Revolving Funds

Recipient: Department of Natural Resources

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 

9 of 24

% of Funds Agency Receives: 2.33

Component: Administrative

Technique: State Revolving Funds - Administrative/Tech Costs

Average Day of Clearance: N/A

66.468 Capitalization Grants for Drinking Water Revolving Fund

Recipient: Department of Natural Resources

% of Funds Agency Receives: 1.04

Component: Indirects

Technique: Indirect Cost Rates - Actual Base - Monthly

Average Day of Clearance: N/A

66.468 Capitalization Grants for Drinking Water Revolving Fund

Recipient: Iowa Finance Authority

% of Funds Agency Receives: .09

Component: Indirects

Technique: Indirect Cost Rates - Actual Base - Monthly

Average Day of Clearance: N/A

66.468 Capitalization Grants for Drinking Water Revolving Fund

Recipient: Iowa Finance Authority

% of Funds Agency Receives: 88.29

Component: Program

Technique: Capitalization Grants for State Revolving Funds

Average Day of Clearance: N/A

66.468 Capitalization Grants for Drinking Water Revolving Fund

Recipient: Iowa Finance Authority

% of Funds Agency Receives: .74

Component: Administrative

Technique: State Revolving Funds - Administrative/Tech Costs

Average Day of Clearance: N/A

66.468 Capitalization Grants for Drinking Water Revolving Fund

Recipient: Department of Natural Resources

% of Funds Agency Receives: 9.84

Component: Administrative/Tech

Technique: State Revolving Funds - Administrative/Tech Costs

Average Day of Clearance: N/A

84.010 Title I Grants to Local Educational Agencies

Recipient: Department of Education

% of Funds Agency Receives: 98

Component: Program Costs

Technique: Pre-Issuance

Average Day of Clearance: N/A

84.010 Title I Grants to Local Educational Agencies

Recipient: Department of Education

% of Funds Agency Receives: 1

Component: Administrative Costs

Technique: Pre-Issuance

Average Day of Clearance: N/A

84.010 Title I Grants to Local Educational Agencies

Recipient: Department of Education

% of Funds Agency Receives: 1

Component: Indirect Costs

Technique: Indirect Cost Rates - Actual Base - Monthly

Average Day of Clearance: N/A

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 10 of 24

84.027 Special Education -- Grants to States

Recipient: Department of Education

% of Funds Agency Receives: 3

Component: Administrative Costs

Technique: Pre-Issuance

Average Day of Clearance: N/A

84.027 Special Education -- Grants to States

Recipient: Department of Education

% of Funds Agency Receives: 96

Component: Program Costs

Technique: Pre-Issuance

Average Day of Clearance: N/A

84.027 Special Education -- Grants to States

Recipient: Department of Education

% of Funds Agency Receives: 1

Component: Indirect Costs

Technique: Indirect Cost Rates - Actual Base - Monthly

Average Day of Clearance: N/A

93.558 Temporary Assistance for Needy Families

Recipient: Iowa Workforce Development

% of Funds Agency Receives: 0

Component: Program Costs

Technique: Post-Issuance

Average Day of Clearance: N/A

93.558 Temporary Assistance for Needy Families

Recipient: Iowa Workforce Development

% of Funds Agency Receives: 5

Component: Administrative Costs

Technique: Post-Issuance

Average Day of Clearance: N/A

93.558 Temporary Assistance for Needy Families

Recipient: Department of Human Services

% of Funds Agency Receives: 59

Component: Program Costs

Technique: Post-Issuance

Average Day of Clearance: N/A

93.558 Temporary Assistance for Needy Families

Recipient: Department of Human Services

% of Funds Agency Receives: 29

Component: Administrative Costs

Technique: Cost Allocation Plans - Administrative Costs- Bi-weekly

Average Day of Clearance: N/A

93.558 Temporary Assistance for Needy Families

Recipient: Department of Human Rights

% of Funds Agency Receives: 3

Component: Program Costs

Technique: Post-Issuance

Average Day of Clearance: N/A

93.558 Temporary Assistance for Needy Families

Recipient: Department of Human Services

% of Funds Agency Receives: 4

Component: Indirect Costs

Technique: Cost Allocation Plans - Indirect Costs - Bi-weekly

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 11 of 24

Average Day of Clearance: N/A

93.575 Child Care and Development Block Grant

Recipient: Department of Human Services

% of Funds Agency Receives: 0

Component: Administrative Costs

Technique: Cost Allocation Plans - Administrative Costs- Bi-weekly

Average Day of Clearance: N/A

93.575 Child Care and Development Block Grant

Recipient: Department of Human Services

% of Funds Agency Receives: 98

Component: Program

Technique: Post-Issuance

Average Day of Clearance: N/A

93.575 Child Care and Development Block Grant

Recipient: Department of Human Services

% of Funds Agency Receives: 2

Component: Indirect Costs

Technique: Cost Allocation Plans - Indirect Costs - Bi-weekly

Average Day of Clearance: N/A

93.767 Children's Health Insurance Program

Recipient: Department of Human Services

% of Funds Agency Receives: 96

Component: Program Costs

Technique: Post-Issuance

Average Day of Clearance: N/A

93.767 Children's Health Insurance Program

Recipient: Department of Human Services

% of Funds Agency Receives: 1

Component: Indirect Costs

Technique: Cost Allocation Plans - Indirect Costs - Bi-weekly

Average Day of Clearance: N/A

93.767 Children's Health Insurance Program

Recipient: Department of Human Services

% of Funds Agency Receives: 3

Component: Administrative Costs

Technique: Cost Allocation Plans - Administrative Costs- Bi-weekly

Average Day of Clearance: N/A

93.778 Medical Assistance Program

Recipient: Department of Human Services

% of Funds Agency Receives: 98

Component: Program Costs

Technique: Post-Issuance

Average Day of Clearance: N/A

93.778 Medical Assistance Program

Recipient: Department of Human Services

% of Funds Agency Receives: 2

Component: Administrative Costs

Technique: Cost Allocation Plans - Administrative Costs- Bi-weekly

Average Day of Clearance: N/A

93.778 Medical Assistance Program

Recipient: Department of Human Services

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 12 of 24

% of Funds Agency Receives: 0

Component: Indirect Costs

Technique: Cost Allocation Plans - Indirect Costs - Bi-weekly

Average Day of Clearance: N/A

97.036 Disaster Grants - Public Assistance (Presidentially Declared 

Disasters)

Recipient: Homeland Security & Emergency Management Division

% of Funds Agency Receives: 3

Component: Administrative Costs

Technique: Pre-Issuance

Average Day of Clearance: N/A

97.036 Disaster Grants - Public Assistance (Presidentially Declared 

Disasters)

Recipient: Homeland Security & Emergency Management Division

% of Funds Agency Receives: 97

Component: Program Costs

Technique: Pre-Issuance

Average Day of Clearance: N/A

6.3.3 Materiality Exemptions

Agencies exempt from coverage on the basis of materiality:

The Department of Human Services transfers administrative funds to the Department of Inspections and Appeals (DIA) through the 

Department of Human Services Cost Allocation Plan. The administrative expense reimbursement transfer is less than 1% of the 

program costs and will not be tracked. This is applicable for CFDA's, 93.558, 93.575, 93.767, and 93.778.

Iowa Workforce Development passes through funds pertaining to indirect costs to the Department of Inspections and Appeals (DIA) for 

CFDA 17.225F. The pass through of funds is less than 1% of the overall costs for this CFDA number and will not be tracked.

The Department of Natural Resources receives federal funds pertaining to indirect expenses for CFDA 66.458. The indirect expense 

reimbursement transfers are less than 1% of the overall costs for this CFDA number and will not be tracked.

The Iowa Finance Authority receives federal funds pertaining to administrative and indirect expenses for CFDA 66.458. The 

administrative and indirect expense reimbursement transfers are less than 1% of the overall costs for this CFDA number and will not be 

tracked.

The Iowa Finance Authority receives federal funds pertaining to indirect expenses for CFDA 66.468. The indirect expense 

reimbursement transfers are less than 1% of the overall costs for this CFDA number and will not be tracked.

The Department of Inspections and Appeals receives federal funds directly from CMS pertaining to administrative expenditures for 

CFDA 93.778. The administrative expense reimbursement transfers are 0.09% of the overall costs for this CFDA number and will not 

be tracked.

The Department of Human Services receives federal funds pertaining to indirect expenditures for CFDA 93.778. The indirect expense 

reimbursement transfers are less than 1% of the overall costs for this CFDA number and will not be tracked.

7.0 CLEARANCE PATTERNS

7.1 The State shall develop separate clearance patterns for each of the following:

for the payroll portion of the administrative costs listed in Sections 4.2 and 4.3 of this Agreement.

7.2 The following shall develop the State's clearance patterns:

The Department of Administrative Services shall develop the State's clearance patterns in accordance with 31 CFR 205.22.

7.3 The sources of data the State shall use when developing its clearance patterns are as follows:

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 13 of 24

Actual warrant redemption from the records of the State Treasurer as well as the State's accounting system.

7.4 The State shall use the following methodology when developing its clearance patterns:

When developing each clearance pattern, the State shall track at least 99% of the funds disbursed, from issuance to clearance, for a 

period of at least three months.

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.

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 Calendar 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 Administrative Non-Payroll Costs - Weekly

Actual Clearance, ZBA - ACH

Capitalization Grants for State Revolving Funds

Cost Allocation Plans - Administrative Costs- Bi-weekly

Cost Allocation Plans - Indirect Costs - Bi-weekly

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 14 of 24

Estimated Administrative Costs-Bi-weekly - Monthly Adjustments

Indirect Cost Rates - Actual Base - Monthly

Indirect Cost Rates - Actual Base - Quarterly

Reimbursement - Advance Construction

State Revolving Funds - Administrative/Tech Costs

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 

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:

For all transactions where the State pays out its own funds for program purposes prior to receiving Federal funds, the State shall track 

each payment from the date it is paid out of a State account to the date Federal funds are subsequently credited to a State account to 

cover that outlay. The Federal interest liability on each payment shall be based on the difference in whole days between the two events. 

With Federal-State matching programs, interest shall be calculated on the Federal percentage of the disbursement.

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 several accounts in the 

UTF under the Unemployment Insurance program.

Based on statements provided by its financial institution, or other appropriate source, 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 State shall calculate the actual interest earnings and the related banking costs attributable to funds withdrawn from the State 

account in the UTF by multiplying the State % by the amount of the actual interest earnings and the related banking costs of the 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 

attributable to such funds less the related banking costs attributed to such funds.

The State shall determine the average daily cash balance of its unemployment compensation benefit payment account for its fiscal year. 

The State shall calculate the average daily cash balance of Federal funds by multiplying the Federal % by the average daily cash balance 

of the benefit payment account on the whole. The State's liability for interest on funds withdrawn from the FECA and EUCA (and any 

other benefit accounts of Federal funds in the UTF from which the State draws funds) shall be the average daily cash balance of Federal 

funds multiplied by the annualized rate equal to the average equivalent yields of 13-week Treasury bills auctioned during the State's 

fiscal year.

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 15 of 24

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.

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

Deposit to Clearance:

To determine the total time Federal funds are held, the State shall measure the time between the date Federal funds are received and 

credit to a State's account and the date those funds are debited from the State's account.

8.6.2.2 Source of Data

Central Accounting System:

The time period from receipt of Federal funds to the date of debit, shall be determined from information captured in the 

State's centralized accounting system administered by the Department of Administrative Services and the State's warrant 

redemption administered by the State Treasurer.

8.6.2.3 Standards Applied

Statistical Sampling (Pre-Issuance):

To measure the time Federal funds are held in a State account prior to being disbursed, the State shall use statistical sampling. The 

sample shall be randomly selected, and shall be of sufficient size to ensure, at a minimum, a 95% confidence interval no wider than ą 

0.3 dollar-weighted days about the estimated mean.

For each check in the sample population, the State shall:

1 subtract the deposit date from the issuance date

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 16 of 24

2 multiply the difference of step 1 by the check amount

3 divide the product of step 2 by the total amount of funds drawn in the sample to determine the dollar-weighted pre-issuance time for 

that check

The State shall then sum the dollar-weighted pre-issuance time for each check to arrive at the total dollar-weighted average pre-issuance 

time to be used for calculating State interest liabilities.

8.6.2.4 Calculation Procedure

Pre-Issuance Time + Clearance Time:

I = P x r x {PI + CT}, where

I = State's total interest liability

P = Total annual expenditures of Federal funds for program or component cash flow of program

r = Annualized rate equal to the average equivalent yields of 13-week Treasury bills auctioned during a State's fiscal year 

divided by 365 days

PI = Dollar-weighted average number of days Federal funds are held by State prior to issuance

CT = Dollar-weighted average number of days Federal funds are held by State between issuance and clearance of checks, as 

determined by the appropriate clearance pattern in Exhibit II

8.7.0 The State and the Secretary agree that WIC rebates are excluded from the interest provisions of this agreement if 

they are retained and used for program purposes. In the event that the rebates are not used for program purposes, 

then the provisions of Section 8.4 apply.

8.8.0 Calculation Procedure - State Payroll Costs

The State is on a bi-weekly payroll system of payday being every other Friday. Consistent with the State's preissuance requirements, the departments must have funds on hand by Tuesday to cover net pay, employer 

contributions, and employee deductions.

Due to these administrative constraints, the State shall pay interest on direct cost payrolls for 4 days. The dollarweighted average clearance time for payroll clearance is calculated to be 3.76 calendar days. This calculation is

based on an analysis of the period of time from fund drawdown to warrant redemption or EFT payment and the 

period of time the mandatory and discretionary deductions are held by a Centralized Payroll Trustee.

The State's interest liability for the payroll portion of all applicable administrative costs noted in 4.2 and 4.3 shall 

be calculated by applying the following formula:

Pre-Issuance Time + Clearance Time

I = P X r X (PI + CT) where

I = State's total interest liability for payroll portion of administrative component of program

P = Total annual expenditures of Federal funds for payroll portion of administrative component of program

r = Annualized rate equal to the average equivalent yields of 13-week Treasury bills auctioned during a State's 

fiscal year divided by 365 days

PI = Dollar-weighted average number of days Federal funds are held by State prior to issuance

CT = Dollar-weighted average number of days Federal funds are held by State between issuance and clearance 

of checks, as determined by the appropriate clearance pattern in Exhibit II

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 17 of 24

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.

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:

Treasurer of State---System Analysis, programming and testing

Administrative Services--System analysis, programming, report testing and validation, redemption

pattern reporting, validation and testing, annual report preparation.

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.

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 18 of 24

12.0 AUTHORIZED SIGNATURES

Jay Cleveland

Chief Operating Officer State Accounting Enterprise Department of Administrative Services

Signature: Date Signed:

Date Submitted 1/20/2022

Sandra R. Paylor

Acting Assistant Commissioner

Revenue Collections Management

Bureau of the Fiscal Service

U.S. Department of the Treasury

Signature: Date Signed:

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D

1/25/2022

1/25/2022
Page 19 of 24

Exhibit I - Funds Request and Receipt Times Schedule

State of Iowa

Federal Agency Payment Type Request Cut-Off Time Receipt Window

Agriculture-FNS ACH 11:59 PM 1 day

Agriculture-FNS Fedwire 5:45 PM 0 day

Agriculture-FS ACH 3:00 PM 1 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 0 day

Education ACH 3:00 PM 1 day

Education Fedwire 2:00 PM 0 day

Energy ACH 4:00 PM 1 day

Energy Fedwire 3:00 PM 0 day

HHS ACH 5:00 PM 1 day

HHS Fedwire 3:00 PM 0 day

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 1 day

Labor-UTF ACH 3:00 PM 1 day

Labor-UTF Fedwire 3:00 PM 0 day

National Science Foundation (NSF) ACH 8:00 PM 1 day

National Science Foundation (NSF) Fedwire 5:45 PM 0 day

Social Security Administration ACH 11:59 PM 1 day

Social Security Administration Fedwire 5:45 PM 0 day

Transportation (FAA) ACH 2:00 PM 1 day

Transportation (FHWA) ACH 12:00 PM 3 days

Transportation (FHWA) Fedwire 12:00 PM 0 day

Transportation (FTA) ACH 2:00 PM 1 day

Veterans Administration ACH 12:00 PM 3 days

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 20 of 24

Exhibit II - State of Iowa

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

10.551 Supplemental 

Nutrition 

Assistance 

Program

Department of 

Human Services

100.0 Program Costs Actual Clearance, 

ZBA - ACH

1 Day

10.555 National School 

Lunch Program

Department of 

Education

100.0 Program Costs Pre-Issuance N/A

17.225

F

Unemployment 

Insurance --

Federal Benefit 

Account and 

Administrative 

Costs

Iowa Workforce 

Development

96.86 Program Costs Pre-Issuance 0 Days

Unemployment 

Insurance --

Federal Benefit 

Account and 

Administrative 

Costs

Iowa Workforce 

Development

0.28 Indirect Costs Indirect Cost RatesEstimated Base-Biweekly-Quarterly 

Adjustments

N/A

Unemployment 

Insurance --

Federal Benefit 

Account and 

Administrative 

Costs

Department of 

Inspections and 

Appeals

0.11 Administrative Costs Estimated 

Administrative 

Costs-Bi-weekly -

Monthly 

Adjustments

N/A

Unemployment 

Insurance --

Federal Benefit 

Account and 

Administrative 

Costs

Iowa Workforce 

Development

1.91 Administrative Costs 

- Payroll

Estimated 

Administrative 

Payroll Costs -

Estimated Base-Biweekly

N/A

Unemployment 

Insurance --

Federal Benefit 

Account and 

Administrative 

Costs

Iowa Workforce 

Development

0.84 Administrative Costs 

- Non-Payroll

Actual 

Administrative NonPayroll Costs -

Weekly

N/A

17.225

S

Unemployment 

Insurance -- State 

Benefit Account

Iowa Workforce 

Development

100.0 Program Costs Post-Issuance N/A

20.205 Highway Planning 

and Construction

Department of 

Transportation

13.0 Contractor Payments 

- Non Advance 

Construction

Contractor 

Payments - Post 

Issuance

N/A

Highway Planning 

and Construction

Department of 

Transportation

83.0 Contractor Payments 

- Advance 

Construction

Reimbursement -

Advance 

Construction

N/A

Highway Planning 

and Construction

Department of 

Transportation

4.0 City and County 

Pass-thru

Pre-Issuance N/A

66.458 Capitalization 

Grants for Clean 

Water State 

Revolving Funds

Iowa Finance 

Authority

0.08 Indirects Indirect Cost Rates -

Actual Base -

Monthly

N/A

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 21 of 24

Capitalization 

Grants for Clean 

Water State 

Revolving Funds

Department of 

Natural Resources

0.26 Indirects Indirect Cost Rates -

Actual Base -

Monthly

N/A

Capitalization 

Grants for Clean 

Water State 

Revolving Funds

Iowa Finance 

Authority

96.65 Program Capitalization 

Grants for State 

Revolving Funds

N/A

Capitalization 

Grants for Clean 

Water State 

Revolving Funds

Iowa Finance 

Authority

0.68 Administrative State Revolving 

Funds -

Administrative/Tech 

Costs

N/A

Capitalization 

Grants for Clean 

Water State 

Revolving Funds

Department of 

Natural Resources

2.33 Administrative State Revolving 

Funds -

Administrative/Tech 

Costs

N/A

66.468 Capitalization 

Grants for 

Drinking Water 

Revolving Fund

Department of 

Natural Resources

1.04 Indirects Indirect Cost Rates -

Actual Base -

Monthly

N/A

Capitalization 

Grants for 

Drinking Water 

Revolving Fund

Iowa Finance 

Authority

0.09 Indirects Indirect Cost Rates -

Actual Base -

Monthly

N/A

Capitalization 

Grants for 

Drinking Water 

Revolving Fund

Iowa Finance 

Authority

88.29 Program Capitalization 

Grants for State 

Revolving Funds

N/A

Capitalization 

Grants for 

Drinking Water 

Revolving Fund

Iowa Finance 

Authority

0.74 Administrative State Revolving 

Funds -

Administrative/Tech 

Costs

N/A

Capitalization 

Grants for 

Drinking Water 

Revolving Fund

Department of 

Natural Resources

9.84 Administrative/Tech State Revolving 

Funds -

Administrative/Tech 

Costs

N/A

84.010 Title I Grants to 

Local Educational 

Agencies

Department of 

Education

98.0 Program Costs Pre-Issuance N/A

Title I Grants to 

Local Educational 

Agencies

Department of 

Education

1.0 Administrative Costs Pre-Issuance N/A

Title I Grants to 

Local Educational 

Agencies

Department of 

Education

1.0 Indirect Costs Indirect Cost Rates -

Actual Base -

Monthly

N/A

84.027 Special Education 

-- Grants to States

Department of 

Education

3.0 Administrative Costs Pre-Issuance N/A

Special Education 

-- Grants to States

Department of 

Education

96.0 Program Costs Pre-Issuance N/A

Special Education 

-- Grants to States

Department of 

Education

1.0 Indirect Costs Indirect Cost Rates -

Actual Base -

Monthly

N/A

93.558 Temporary 

Assistance for 

Needy Families

Iowa Workforce 

Development

0.0 Program Costs Post-Issuance N/A

Temporary 

Assistance for 

Needy Families

Iowa Workforce 

Development

5.0 Administrative Costs Post-Issuance N/A

Temporary 

Assistance for 

Needy Families

Department of 

Human Services

59.0 Program Costs Post-Issuance N/A

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 22 of 24

Temporary 

Assistance for 

Needy Families

Department of 

Human Services

29.0 Administrative Costs Cost Allocation 

Plans -

Administrative 

Costs- Bi-weekly

N/A

Temporary 

Assistance for 

Needy Families

Department of 

Human Rights

3.0 Program Costs Post-Issuance N/A

Temporary 

Assistance for 

Needy Families

Department of 

Human Services

4.0 Indirect Costs Cost Allocation 

Plans - Indirect 

Costs - Bi-weekly

N/A

93.575 Child Care and 

Development 

Block Grant

Department of 

Human Services

0.0 Administrative Costs Cost Allocation 

Plans -

Administrative 

Costs- Bi-weekly

N/A

Child Care and 

Development 

Block Grant

Department of 

Human Services

98.0 Program Post-Issuance N/A

Child Care and 

Development 

Block Grant

Department of 

Human Services

2.0 Indirect Costs Cost Allocation 

Plans - Indirect 

Costs - Bi-weekly

N/A

93.767 Children's Health 

Insurance 

Program

Department of 

Human Services

96.0 Program Costs Post-Issuance N/A

Children's Health 

Insurance 

Program

Department of 

Human Services

1.0 Indirect Costs Cost Allocation 

Plans - Indirect 

Costs - Bi-weekly

N/A

Children's Health 

Insurance 

Program

Department of 

Human Services

3.0 Administrative Costs Cost Allocation 

Plans -

Administrative 

Costs- Bi-weekly

N/A

93.778 Medical 

Assistance 

Program

Department of 

Human Services

98.0 Program Costs Post-Issuance N/A

Medical 

Assistance 

Program

Department of 

Human Services

2.0 Administrative Costs Cost Allocation 

Plans -

Administrative 

Costs- Bi-weekly

N/A

Medical 

Assistance 

Program

Department of 

Human Services

0.0 Indirect Costs Cost Allocation 

Plans - Indirect 

Costs - Bi-weekly

N/A

97.036 Disaster Grants -

Public Assistance 

(Presidentially 

Declared 

Disasters)

Homeland 

Security & 

Emergency 

Management 

Division

3.0 Administrative Costs Pre-Issuance N/A

Disaster Grants -

Public Assistance 

(Presidentially 

Declared 

Disasters)

Homeland 

Security & 

Emergency 

Management 

Division

97.0 Program Costs Pre-Issuance N/A

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:

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D
Page 23 of 24

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: 

Printed Name: 

Certifying Signature: 

Title: 

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D

Chief Operating Officer

1/25/2022

Jay Cleveland
Page 24 of 24

DocuSign Envelope ID: 385F38EC-32C9-436E-8D44-9776AA9FD68D