Standards Applied. To measure the time Federal funds are held in a State account prior to being disbursed (pre- issuance time), the State shall subtract each deposit date of Federal funds from each warrant issuance date. The State shall use the actual activity of deposits and warrants to make this calculation.
Appears in 3 contracts
Sources: Cash Management Improvement Agreement, Cash Management Improvement Agreement, Cash Management Improvement Agreement
Standards Applied. To measure the time Federal funds are held in a State account prior to being disbursed (pre- pre-issuance time), the State shall subtract each deposit date of Federal funds from each warrant issuance date. The State shall use the actual activity of deposits and warrants to make this calculation.
Appears in 1 contract