Energy Assistance Program FFY20 Annual Training

Transcript:Energy Assistance Program FFY20 Annual Training:
Energy Assistance Program FFY20 Annual Training Local Plan & ICD & Contract Local Plan & ICD & Contract Natasha Fedorova Minnesota Energy Assistance Program 2 Local Plan & ICD & Contract Topics Local Plan (LP)/Internal Controls Documentation (ICD) General Information LP Format FFY20 Changes Attachments Tips on Completing LP/ICD Submitting the Initial LP/ICD & Attachments Contract Timeline Checklist Signature Requirements 3 Local Plan & ICD & Contract LP/ICD General Information Format has not changed A fillable PDF form Commerce sent LP/ICD to SPs with some prior year information already pre-filled SPs can certify prior year responses, where applicable 4 Local Plan Format Enter responses in highlighted blue fields. Local Plan & ICD & Contract 5 Local Plan Format Local Plan & ICD & Contract If the info has not changed substantially, click the “No Change” box. 6 Local Plan Format If any info has changed, click the “Change” box. Local Plan & ICD & Contract 7 Local Plan Format Local Plan & ICD & Contract If the response field is blank, the info must be updated. 8 Local Plan Format If an item with checkboxes to the right does not have any pre-filled info, it must be updated. Once new info is entered, check the ‘Change’ box. Local Plan & ICD & Contract 9 Local Plan & ICD & Contract LP/ICD FFY20 Changes Additional fiscal questions in ICD To help assess financial stability of Nongovernmental Organizations (NGOs) Policy 08-06, Office of Grants Management Ensure NGOs have the financial stability to carry out the grant NGO is defined as a nonprofit by State of Minnesota Applies to nonprofit SPs only Not applicable to counties or tribes Anticipate future refinements 10 Local Plan & ICD & Contract LP/ICD FFY20 Changes May require input from fiscal staff Most of the questions are grouped together On pp. 17-18, some on pp. 7 & 19 11 Local Plan & ICD & Contract LP/ICD FFY20 Changes Fiscal or Executive Assistance (p. 7) Does your organization receive fiscal or executive management assistance from any other organization? Helps determine a nonprofit’s independence from outside resources Examples: Key financial or management functions Loaned executive Financial assistance, etc., received from an outside agency 12 Local Plan & ICD & Contract LP/ICD FFY20 Changes Organization’s financial position (p. 17) Focus on debt (line of credit, loan, etc.) Debt obligations may cause future cash flow issues Description of lines of credit Has