Statutes, codes, and regulations
Virginia Administrative Code
Title 22 - SOCIAL SERVICESAgency 30 - DEPARTMENT FOR AGING AND REHABILITATIVE SERVICESChapter 60 - GRANTS TO AREA AGENCIES ON AGINGPart IV - Administration of Grants and Contracts
Article 7 - Bank Balance and Check Handling Procedures
Section 22VAC30-60-410 - Rules on cash management by Area Agencies on Aging

22 Va. Admin. Code § 30-60-410

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Current through Register Vol. 41, No. 6, November 4, 2024
Section 22VAC30-60-410 - Rules on cash management by Area Agencies on Aging
A. An Area Agency on Aging shall institute procedures to minimize their cash balances of funding provided by the Virginia Department for Aging and Rehabilitative Services. Accordingly, Area Agencies on Aging shall tailor projections of cash requirements from the Virginia Department for Aging and Rehabilitative Services to coincide closely with the actual disbursement of such funds.
B. An Area Agency on Aging shall adopt procedures for minimizing the time elapsed between the receipt of federal and state funds and their disbursement.

22 Va. Admin. Code § 30-60-410

Derived from Virginia Register Volume 29, Issue 2, eff. October 24, 2012.

Statutory Authority

§ 51.5-131 of the Code of Virginia; 42 USC § 3001 et seq.