Laserfiche WebLink
. Are grant distributions timely? <br />No major delays in the distribution of funds have been encountered. <br />Do actual expenditures differ substantially from letter of credit distribution? <br />Except for CDBG, IDIS does not allow the City to accrue expenses after the end of a program year <br />(June 30) even though the expense was incurred prior to June 30. This characteristic of IDIS is <br />inconsistent with established public sector accounting practices. ZDuring repo rt period, the <br />City's Finance Department and Community Development Agency measis in an effort <br />to ensure that Letter of Credit balances and the City's books remaine <br />08/11/2013 34 <br />19E -42 <br />