Connecticut Administrative Code › Title 17a - Social and Human Services and Resources › 306 - Community Services Policy Manual for Title III Programs of the Older Americans Act › Manual of Fiscal Policies for Title III Programs of the Older Americans Act › Section 17a-306-22 - Scope and organization

Current through July 10, 2024
The general organization of the
Manual of Fiscal
				  Policies
is as follows:
(a)
Section
				17a-306-20
				Introduction
-provides a description of the purpose of the
Manual of Fiscal Policies
.
(b)
Section
				17a-306-21
				Definitions
-provides a glossary of words and phrases found in this
Manual of Fiscal Policies
which require clarification
				and/or definition.
(c)
Section 17a-306-22 Scope and Organization
-provides a list and
				short description of the individual sections of the
Manual of
				Fiscal Policies
.
(d)
Section
				17a-306-23
				Principles and Standards for Financial Management and Accounting
-sets
				forth the standards and principles for the organization of an area agency on
				aging's accounting and accounting system.
(e)
Section
				17a-306-24
				Program Management
-describes those policy statements contained in the
				overall
Manual of Fiscal Policies
pertaining to fiscal
				management, plus a clarification.
(f)
Section
				17a-306-25
				Conflict of Interest/Code of Conduct
-to protect all personnel and
				safeguard the assets of agencies in the Connecticut aging network, presents a
				code of conduct to serve as a guide for area agencies on aging to adopt for
				procurement matters.
(g)
Section
				17a-306-26
				Personnel Policies
-sets forth those fiscal related policies pertaining
				to personnel, fringe benefits and travel reimbursement.
(h)
Section
				17a-306-27
				Property Control
-presents rules over the definition, inventory and
				disposition of equipment, furnishings and property.
(i)
Section
				17a-306-28
				Procurement Practices and Contracting
-spells out the elements of a
				process for the competitive award of contracts and grants as well as the
				essential policies under such a process.
(j)
Section
				17a-306-29
				General Program Income
-sets forth the Connecticut Department on Aging's
				fiscal policies on the definition, treatment and use of program income and
				interest earned.
(k) Section
				17a-306-30
				Bank Balances and Check-Handling Procedures-reviews the Connecticut Department
				on Aging's rules on how to request, safeguard and handle cash to comply with
				the U.S. Government's rules in Treasury Circular 1075.
(l)
Section
				17a-306-31
				Financial Reporting-
specifies the Connecticut Department on Aging's
				rules on the kind of reports to be submitted and their due dates. The fiduciary
				responsibility of the report signer is precisely defined.
(m)
Section
				17a-306-32
				Substantiation of Costs and Allowable Costs
-integrates the various
				Office of Management and Budget (OMB) Circulars that describe the cost
				principles in the allowability, allocability and reasonableness of costs and
				credits.
(n)
Section
				17a-306-33
				Cost Allocation Plan
-authorizes area agencies on aging to directly
				allocate their indirect cost and describes how to accomplish this.
(o)
Section
				17a-306-34 In-Kind
				Costs
-presents a discussion on the types of allowable in-kind costs and
				how to account for them.
(p)
Section
				17a-306-35
				Line-Item Approvals
-sets forth the Connecticut Department on Aging's
				rules on the control of expenditures against the approved budget.
(q)
Section
				17a-306-36
				Fiscal Assessment of Area Agencies on Aging and Subgrantees
-presents the
				role of the Connecticut Department on Aging and the responsibility of area
				agencies on aging in the fiscal assessment of area agencies on aging and their
				subgrantees.
(r)
Section
				17a-306-37
				Carry-Over Balance Policies
-describes the Connecticut Department on
				Aging's requirements for reauthorization of carry-over balances and the timing
				of spending of prior year's funds.
(s)
Section
				17a-306-38
				Audits
-presents the Connecticut Department on Aging's policy to upgrade
				the quality of audits in the Connecticut aging network by implementing the
				Single Audit as outlined in OMB Circular A-128, or A-133.
(t)
Section
				17a-306-39
				Close-Out Procedures
-describes the right of the Connecticut Department
				on Aging to suspend, terminate or close out grants and the handling of all
				assets and records.
(u)
Section
				17a-306-40
				Miscellaneous
-covers those important topics of insurance, release of
				information and privacy-act applicability not covered elsewhere in the Manual
				of Fiscal Policies.
(v)
Section 17a-306-41 through 17a-306-44 Reserved
(w)
Section
				17a-306-45
				Index