FINANCIAL HEALTH. 11.1 The Department will undertake an assessment of financial health and control (xxxxx://xxx.xxx.xx/government/publications/esfa-financial-health- assessment). Should the Department, at its absolute discretion, consider that the outcome of any financial health and/or control assessment is inadequate the Department may, in its absolute discretion take one or more of the following actions:
FINANCIAL HEALTH. 12.1 The Department will undertake an assessment of the Contractor’s financial health and control (ESFA financial health assessment - XXX.XX (xxx.xxx.xx)). Where the Contractor is a college, the financial assessment will be undertaken in accordance with the formal intervention – financial provisions in the Contractor’s grant funding agreement with the Department.
FINANCIAL HEALTH. 12.1.2 Financial Management and Control
FINANCIAL HEALTH. 11.1 The Department will undertake an assessment of the NMSS’s financial health and control (ESFA financial health assessment - XXX.XX (xxx.xxx.xx)). Should the Department, at its absolute discretion, consider that the outcome of any financial health and/or control assessment is inadequate the Department may, in its absolute discretion take one or more of the following actions:
FINANCIAL HEALTH. Objective Metric YWPN Network will be a well-run organization capable of achieving long- term success. School will operate core educational programs sustainably on dependable public funds and will maintain a balanced budget and stable cash flow. As required by 19 TAC 97.1075(d)(3), the YWPN Network will annually receive an unqualified audit opinion. EXHIBIT A-2 Young Women’s Leadership Academy Secondary (015907023): Final Performance Contract Metrics ▪ Subject to TEA’s final A-F accountability rules (in accordance with Texas Education Code Chapter 39), SAISD Board Policy EL(LOCAL), and Section 10 of the Management Agreement ▪ In accordance with 19 TAC §1075
FINANCIAL HEALTH. Objective Metric Alamo Colleges District and the School will be well-run, financially healthy organizations capable of achieving long-term success. Alamo Colleges District will operate the School’s core educational programs sustainably on dependable public funds and will maintain a balanced budget and stable cash flow. As required by 19 TAC 97.1075(d)(3), Alamo Colleges District will annually receive an independent, unqualified audit opinion. Xxxxxx Early College High School (015907022): Tentative Performance Contract Metrics This performance contract is subject to Texas Education Code Chapter 39 (regarding state accountability), 19 TAC §1075 (regarding partnership performance contracts), SAISD Board Policy EL(LOCAL), and the Partnership Agreement. These tentative metrics will be updated and finalized in the fall of 2020 using school year 2019-20 results as the baseline.
FINANCIAL HEALTH. Objective Metric
FINANCIAL HEALTH. 6.6 The EFA will undertake a desk based assessment of financial health and control. Should the EFA, in its sole discretion, consider that the outcome of any financial health and/or control assessments is inadequate, the EFA may, in its absolute discretion take one or more of the following actions:
FINANCIAL HEALTH. 11.1 The Provider will immediately notify the Authority in writing if the Provider is or has a reasonable concern that the Provider is or is at substantial risk of financial distress.
