Cost Allocation & Resource Sharing In a One-Stop Environment Two distinctly different concepts.

Slides:



Advertisements
Similar presentations
TM OBTransformation.com. C-Level Trends of Note ISSUES OF NOTE Funding New Business Entering New Markets Globalization REQUIRES Innovation Flexibility.
Advertisements

Revolving Infrastructure Funds. Learning from the SW RDA and West of England experience. Antony Corfield (
Principal Life Insurance Company Disability Buy-Out Insurance
What is an Accountable Care Organization?
INDIVIDUAL SERVICE FUNDS (“ISF”). ISF – a form of Self Directed Support Potential Benefits to the Customer Flexibility – not just regulated (CQC) activity.
Contract Support Costs Contract Support Costs April 17, 2009.
Proposed University Building Fund (UBF). These are possible purposes: Preserve investment in facility and infrastructure assets Establish a mechanism.
I-95 Corridor Coalition MBUF Research for the I-95 Corridor Coalition Gary W. Euler.
FMIS R*STARS Closing Fiscal Year 2015 Part II GAD Form X-18  Submitted by each financial agency (may be at batch agency level)  Provides contact information.
McGraw-Hill /Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved Chapter Eighteen Pension Funds.
Subrecipient Monitoring. A formal binding legal agreement between your institution and another legal entity A portion of your sponsored project's.
The McLaughlin Company What is a Joint Venture? First of all, let’s consider what a joint venture is. The following definition is.
Informed Choice & The Tiahrt Amendment APPENDIX F Optional Session Facilitative Supervision for Quality Improvement Curriculum 2008.
OFAO D R A F T. Other Financial Aid Options Employment - an occupation by which a person earns a living Career Solutions One Stop Center No cost assistance.
Disability Buy Sell Insurance. If one or more business partners becomes disabled... Would they want to sell your share of the business? Would they want.
HRMS Basics. Overview What is HRMS? HRMS Functions and Features Concepts and Terms Position/Incumbent/Funding Relationship Funding Documents Security.
Access Financial University Establishing your Financial Foundation.
Real-estate Management System
Cost Principles – 2 CFR Part 200 Subpart E U.S. Department of Education.
CONTRACTS & GRANTS PROCESS AT A RESEARCH UNIVERSITY FSU ALUMNI CENTER MAY 7, 2015 Post Award Processes Angie Rowe Associate Director – Sponsored Research.
The Management of Service centers NCURA REGIONS VI and VII CONFERENCE April 7, 2009.
FISCAL RESPONSIBILITY IN TITLE III AND OTHER SPONSORED PROGRAMS AND GRANTS ADMINISTRATION Presented by Sharon S. Crews, M.Ac., CPA Vice President for Administrative.
HIPAA & Public Schools New Federalism in a New Century The Challenges of Administering HIPAA in Public Schools ASTHO/NGA Center Joint Audioconference September.
Accounting Principles Second Canadian Edition Prepared by: Carole Bowman, Sheridan College Weygandt · Kieso · Kimmel · Trenholm.
Global Business Services © 2006 IBM Corporation ENCOMPASS: Capital Project Module Approach - DRAFT 6/7/07 Meeting.
SBIR Budgeting Leanne Robey Chief, Special Reviews Branch, NIH.
The project finance termsheet Broad characteristics: 12 mln USD for expansion of power plant. Two year grace (construction) period, reimbursement over.
The University of Texas at San Antonio June 19, 2013 Merit Policy.
1 Community Facilities District & Redevelopment Overview January 19, 2008.
Improved Operational and Financial Performance Through IT Effectiveness and Strategic Outsourcing of IT Services BackgroundBackground The client, a large.
B O N N E V I L L E P O W E R A D M I N I S T R A T I O N Energy Efficiency Post-2011 Phase 2 Update January 12, 2011 Northwest Power and Conservation.
California Integrated Waste Management Board August 19, 2008 Item 6 Discussion And Request For Rulemaking Direction To Formally Notice The 45-Day Comment.
Global Business Services © 2006 IBM Corporation ENCOMPASS: Project Module Work Group 2/14/07 Meeting.
Premium Payment Policy John Hiber, Chief Financial Officer | September 19, 2013 Board Meeting.
Prepared by the Office of Grants and Contracts1 The Basics of Grants Administration.
Research Service Centers : Presented by: Bob Cornwall Bob Cornwall Beverly Lipski Beverly Lipski Debbie Meder Debbie Meder ACOR Retreat 2013.
Banking and Financial Services. “Copyright and Terms of Service Copyright © Texas Education Agency. The materials found on this website are copyrighted.
Kuali Financial Systems – Financial Administrator Development Series - October, 2006 Indirect Cost Facilities and Administrative (F&A) Costs.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-2 Recording a Payroll and Payroll Taxes.
Self-Directed Support Your Life – Your Choices ARC Scotland Self-Directed Support Are We Ready? The Aberdeenshire Perspective.
 Cooperation between international firms can take many forms, such as cross-licensing of proprietary technology, sharing of production facilities, cofunding.
Office of Special Education and Rehabilitative Services United States Department of Education Program Review and Best Practices: Who, What, When, Where,
COST TRANSFERS AT-A-GLANCE THE FOLLOWING IS PROVIDED AS A BRIEF OUTLINE OF THE BASIC REQUIREMENTS FOR EMORY’S COST TRANSFER POLICY. FOR COMPLETE INFORMATION,
Responsibility Accounting Systems Chapter No 2. Learning Objectives:  To discover methods of providing Top-Down and Bottom-Up information Flows.  To.
​ UNIT 3: MONEY MANAGEMENT By Jakob Kramer 2/25/16.
OMB Circular A-122 and the Federal Cost Principles Copyright © Texas Education Agency
McGraw-Hill /Irwin Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved Chapter Nineteen Pension Funds.
Monitoring & Oversight of Financial Management Services National Resource Center for Participant-Directed Services Mollie Grotpeter – Financial Management.
1 Consultation: Framework Contract for Home Support and Care Homes with/out nursing 1 June 2011.
Workforce Strategies: Best Practices in Six States National Association of State Liaisons for Workforce Development Partnerships Winter Meeting.
The development of self directed support systems in Glasgow Glasgow City Council.
Area Agency on Aging of Central Texas H. Richard McGhee, AAA Director Thomas Wilson, AAA VD-HCBS Consultant Jim Reed, CTCOG Executive Director.
Implementing TAACCCT Round 2 Consortium Grants Management September 27, 2013.
Post-Award Grant Administration Presented by: Sponsored Program Accounting Updated: Fiscal Year 2014.
Problem Loan Management
Workforce Innovation and Opportunity Act Regional Forum October 2016
FMIS R*STARS Closing Fiscal Year 2016 Part II.
Overview of how Florida’s Workforce System is Funded
FMIS R*STARS Closing Fiscal Year 2017 Part II.
Merit Process Budget Planning and Development FAR Meeting
Nonprofit Management Certificate Course
Cash and Financial Investments
Ind AS 115 – Revenue from Contracts with Customers
Patrick DeCorla-Souza, USDOT Build America Bureau
Contract Management and Bargaining
NEW PROJECT REQUEST Project: {Name} 27 March 2017.
Medicaid Transformation Funding Overview
Post-Award Grant Administration
Regional healthcare coalition match documentation
Post-Award Grant Administration
Presentation transcript:

Cost Allocation & Resource Sharing In a One-Stop Environment Two distinctly different concepts

Series of sequential steps Identify the Common/Shared Costs Establish a One-Stop Budget Determine Potential Methods for Determining Proportionate Share Allocate Shared Costs Using Selected Method Determine Resources Available Establish Resource Sharing Agreement

Partners Decide Collaborative Effort Not WIA Title I-B driven Expect to have choices Consider Benefit to Education program Broader exposure for program More options for program clients Education activities for One-Stop benefit?

Examples Facilities Universal access Data collection Resource center Common program services Salary & benefit costs Program development costs

Selection of Allocation Methods Not just an accounting issue Must be compatible with the approach chosen for delivering program services and managing the One-Stop structure Not assigning resources

Allocation of One-Stop Costs By Partner Organization or Program Item of Cost Pool of related costs Function or Activity cost pool

Resource Sharing Process used to pay for or fund shared costs Concept Mechanisms in addition to cash transfers Authorized as One-Stop financial policy Federal Register Notice dated May 31, 2001

Payment Methods Or combination of methods

Resource Sharing Does NOT have to be same basis as Cost Allocation Partners decide collectively How to assure all resource needs are met Which entity provides which resources Entity can determine its best source internally

Questions????