This offering covers the benefits of multiple funding streams and the impact on programs and services. The faculty discusses the systems needed to ensure appropriate management of multiple funding streams, programs, and outcomes. The presentation includes an overview of the Uniform Guidance and compliance requirements when managing multiple funding streams. It also reviews the financial systems required to ensure appropriate management of multiple federal and state awards, as well as the enrollment and eligibility processes required to manage services and ensure participants are supported by the appropriate funding sources. The presentation covers strategies for managing multiple funding streams, looking at a combination of participants/clients/patients, providers, and services and includes a discussion of time and effort and its impacts, particularly for providers/employees funded by multiple funding sources. This session includes a case study of a program with multiple funding sources, various services, and multiple funded providers.
This production occurred through the Alive! Maryland program. The original session used the Zoom platform, and featured a question and answer section throughout the training.
Faculty: Jana Collins, MS
- Strengths of multiple funding sources
- Uniform administrative requirements, cost principles, and audit requirements for federal awards
- Fiscal management expectations
- Enrollment and eligibility
- Strategies for managing multiple funding streams
- Time and effort
- Case studies
NOTE: This module does NOT award credits.
This webinar will provide participants with an overview of the essential components of budgeting and fiscal health for Maryland providers.
At the conclusion of this session, you will be able to:
Explain why budgeting is important.
Identify the common types of budgets (operating budget and capital budget).
Describe budget components (revenue and income).
Create a contingency plan.
Identify bookkeeping best practices.
Develop budget justification.