Fiscal Control. The SUBRECIPIENT shall be responsible for the internal control and monitoring of fiscal and programmatic/operational goals and procedures. The SUBRECIPIENT shall establish such fiscal controls and fund accounting procedures as required by Federal regulations, or as may be deemed necessary by HUD and CITY to ensure the proper disbursal of, and accounting for, funds paid to the SUBRECIPIENT under the CDBG PROGRAMS.
Appears in 3 contracts
Sources: Community Development Block Grant Subrecipient Agreement, Community Development Block Grant Subrecipient Agreement, Community Development Block Grant Subrecipient Agreement