Fiscal Setup in Hancock
- Income Lines are tied to budget allocations.
- If you have funding sources where different income lines are used to determine eligibility you will need to set up multiple budget allocations.
- Allocations can be used to separate clients into subsets.
- Most grantees will only need to set up one allocation.
Poverty Levels and Income Line
- Enter the poverty levels and income lines.
- Income Lines will be used to determine eligibility.
- Poverty Levels are used to associate client records with % of poverty demographic categories
- If you have multiple allocations, enter income lines for each allocation.
- Enter the names and details of your grants/funding sources
- Define the current program year and all funding sources available for the year
- Multiple program years are allowed to run at the same time, but the current program year will be the default and can be edited.
- Define your budget types such as Program Operations, Health & Safety, Administration, T&TA
- Enter budgets for each agency
- Define when the measures for a particular funding source can be invoiced if the job is leveraging more than one funding source
- For Example – do all funding source measures need to be completed before you can invoice DOE
- Or LIHEAP & RGGI Rule – RGGI and LIHEAP job measures can only be invoiced when both sets of measures are completed
Funding Source Rules
- Define what funding sources can be used together for a job
- For example, you could define a rule that would allow DOE and LIHEAP to be used together on a single job, or a rule to prevent the 2 funding sources from being used on a single job
Job Funding Limits
- Define any limits for the cost of a job by funding source and budget type
- If a job meets or exceeds the limits defined here the job will require approval from a state administrator
Define Budget Adjust