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The standards governing Single Audit engagements require the independent auditor to report not <br />only on the fair presentation of the financial statements, but also on the audited government's <br />internal controls and compliance with legal requirements, with special emphasis on internal <br />controls and legal requirements involving the administration of federal awards. <br />D. Describe invoicing process and list qualifications of staff assigned to task. <br />The invoicing process will consist of a review of each period's expenditures, identifying eligible <br />expenditures and submitting a periodic report documenting eligible expenditures. Staff assigned <br />to this task has many years of experience in reporting to local, state and federal agencies. <br />Additionally, staff assigned to the task has performed this function during prior grant <br />years. With each WIA report submitted staff continues to gain experience to provide <br />information more efficiently and effectively. <br />E. Describe how vour organization's financial stability is not dependent on WIOA funds. <br />The City receives over $400 million in revenue each year. Additionally, Parks, Recreation, and <br />Community Services Agency ( PRCSA) is appropriated approximately $17.7 million from the <br />General Fund. The amount requested in WIA finds is approximately $400,000, which <br />represents approximately 2% of the Agency's General Fund appropriation and therefore the <br />Agency's financial stability is not dependent on WIA finding. On the other hand, while the <br />amount of WIA finding is small in comparison to PRCSA General Funds, these funds allow <br />PRCSA to provide very valuable educational opportunities to Santa Ana residents. With such a <br />large City the demand for services often exceeds the available resources. For this reason PRCSA <br />is requesting WIA funding to provide services that otherwise would not be provided by the City <br />due to the limitation of funds. <br />F. Identify the percentage of budget that will go directly to youth (i.e.: work experience <br />payments, direct training, supportive services, incentives, etc.) versus the percentage of <br />overhead and administrative costs. <br />90% of the budget will be directly spent on youth in the form of work experience, training, <br />supervision and mentoring. <br />G. Submit most recent 2 years of audited financial statements as Attachment T & U with <br />the Audited Financial Statement Form signed (Attachment S) <br />For a complete look at the 2 latest Comprehensive Annual Financial Reports for the City of <br />Santa Ana please visit: bttp: / /www.santa- ana.org /finance /cafr/default.asp <br />H. Please include 1 budget form and 1 budget narrative for PY 2015 -2016 and one budget <br />form (but not a narrative) for 2016 -2017. <br />(Attached) <br />18. Additional Attachments <br />EXHIBIT A <br />