NJDOE Collaborative Monitoring Information Session slide image

NJDOE Collaborative Monitoring Information Session

STATE O GREAT SEAL OF THE DEPARTMENT NJDOE Desk Monitoring W JERSEY STATE OF N JERSEY OF EDUCA CATION Title I, Part A - Fiscal Rating Legal Authority Evidence Comments M PM NM NA 2 C.F.R. 200.403 Requirement A. Allowability 1. All costs must be necessary reasonable and allocable in accordance with regulations. a. The cost is aligned to an identified need from the LEA's need assessment. b. The cost is reasonable, i.e. the nature and amount of the cost does not exceed that which would be incurred by a prudent person under the circumstances. c. The cost is allocable to the program, i.e. the cost of the purchase benefits the program in proportion to the amount paid for the purchase. B. Cash Management/Reimbursement 1. LEA has written policies and procedures regarding reimbursement requests for Title I, A Programs. 2 C.F.R 200.302 LEA Grant Application Final Report Purchasing Samples Purchasing Samples District policies and procedures on cash management and reimbursement requests 20
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