Answer: Title IV-E agencies must submit a quarterly CB-496 report to track expenditures and children served.
Trend: Compliance with OMB No. 0970-1510 is essential for accurate financial reporting and accountability.
List: Ensure timely submission of reports, verify accuracy of data, and monitor adherence to Uniform Guidance requirements.
Finding Text
The Uniform Guidance issued by the Office of Management & Budget requires under OMB No. 0970-1510 that Title IV-E agencies issue a quarterly CB-496 report to document current expenditures and information on children assisted.
Corrective Action Plan
The Organization agrees with this finding and will strive to issue the required reports whenever possible.