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HomeMy WebLinkAboutResolution - 1042 - Adopt Uniform Monitoring Program - CD Program - Third Party Agencies Monies - 03/11/1982SHM:da RESOLUTION RESOLUTION 1042 - 3/11/82 A RESOLUTION ADOPTING A UNIFORM MONITORING PROGRAM FOR ALL THIRD PARTY OPERATING AGENCIES WHICH RECEIVE MONEY THROUGH THE CITY OF LUBBOCK'S COMMUNITY DEVELOPMENT PROGRAM. WHEREAS, the City of Lubbock receives funding for Community Development projects through the Department of Housing and Urban Development; and WHEREAS, the City of Lubbock is responsible for the use of these funds which must comply with Federal Regulations 24CFR, Federal Circular 74-4, and OMB Circular A-102; and WHEREAS, the City of Lubbock is responsible for the compliance of Third Party Agencies that are subject to these regulations; and WHEREAS, the City of Lubbock has been directed by the Department of HUD to develop a system to evaluate the activities of Third Party Operating Agen- cies receiving Community Development Funding. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Scope of Third Party Operating Agency Monitoring Program, which is attached hereto and made a part hereof, BE and is hereby approved and adopted as policy and procedure of the City of Lubbock to be utilized at least quarterly in reviewing all Third Party Operating Agencies receiving funds from the City of Lubbock Community Development Program. Passed by the City Council this 11th day of March 1982. � f BIL M I TER, MAYOR ATTEST: Evelyn Ga fga, City e e ry-Treasurer APPROVED AS TO CONTENT: 'L. --L C'/ W., Richard Mays, Community bevelopment Coordinator APPROVED AS TO FORM: WA' Aticw Susan M. Horton, Asst. City Attorney SCOPE OF THIRD -PARTY OPERATING AGENCY MONITORING PROGRAM The objective of monitoring third -party operating agencies is to provide management with the information necessary to evaluate the performance of such agencies. The information is obtained through examination of agency records, interviews with personnel, and other analysis and apprasials as deemed necessary by monitoring personnel. The information is transmitted to management by written recommendations and pertinent comments concerning the activities reviewed. The monitoring personnel are concerned with all phases of the agencies' activities where funded by or through the City of Lubbock. This involves going beyond accounting and financial records to obtain a full understanding of the operations under review. Monitoring personnel perform several activities included in the scope of the audit in order to obtain the overall objective of monitoring operating agencies. The system functions are introduced and listed as follow: 1) Appraising the continuing eligibility of activities admini- stered by the operating agencies. 2) Ascertaining the extent of compliance of operating agencies with established policies, plans, procedures, and the terms and conditions of their contacts. 3) Establishing that charges to each program are reasonable and proper. 4) Reviewing the soundness, adequacy, and application of accounting, financial, and other operating controls', including internal control. 5) Ascertaining the extent to which assets are accounted for and safeguarded from losses of all kinds. 6) Ascertaining the reliability of management information developed within the organization. 7) Appraising the quality of performance in carrying out assigned responsibilities. 8) Assuring that time schedules are being met and comparing actual accomplishments to reasonable performance goals established for the period. 9) Analyzing cost overruns or high unit costs. Scope of Third -Party Operating Agency Monitoring Program Page 2 10) Recommending operating improvements. These functions are necessary so that the City of Lubbock can constantly monitor and evaluate grant -supported activities in compliance with Federal regulations.