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Description
Definition of deficiency includes:
Misuse or improper use of funds Loss of financial viability Failure of the Governing Body to fully exercise its legal and fiduciary responsibilities Limits Federal funds to no more than 80% of program costs States waiver criteria Allows match to be in the form of cash or in-kind (based on a fair valuation) If Federal grant funds are received for COLA, grantee must improve compensation of staff, regardless of ability to improve compensation of staff who do not provide Head Start services Has legal and fiscal responsibility for the agency At least one member must have a background and expertise in financial management If none can serve as a member, must use financial consultant to work directly with the Governing Body Shall not have a financial conflict of interest with the agency or delegate Shall not receive compensation for serving on the Board or for providing services to the agency Shall not be employed by, nor family members be employed by the agency or a delegate Shall operate as an entity independent of staff employed by the agency Exception: if the position, held as a result of public election or political appointment, provides compensation then the individual is not prohibited from receiving that compensation Shall not have a conflict of interest with the agency or delegate Shall not receive compensation for serving on the Policy Council or for providing services to the agency
640
640 642
Governing Body:
642
642
646
653
Comparability of Wages:
656
Political Activities: