BUDGET
Legislative process that distributes money to programs in order to run the government and carry out public policy.
What is Appropriation?
Opposite of direct deposit - 5% of PH employees receive every pay day.
What is a "live check"?
Process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies
What are internal controls?
The cycle for continuous improvement, represented by 4 steps.
What is PDCA?
Group that levies our King County property taxes and appropriates public monies.
Who is the King County Council?
The code used to allocated our time to various projects and awards.
What is a combo code?
DAILY DOUBLE
The ‘emerald color’ name for GAO’s Standards for Internal Control in the Federal Government book, issued by the Comptroller General of the United States?
What is the “Green Book”?
Going to see a process from start to finish in the actual place the work is done to learn about the current state.
What is a process walk?
Proforma (base budget), Agency Proposed, Executive Proposed, and Final Adopted.
What are King County’s phases for establishing the budget?
The daily reconciliation of cash collected for each Public Health site.
What is Daily Cash Worksheet (DCW)?
The abbreviation for Committee of Sponsoring Organizations of the Treadway Commission, that introduced the concept of principles related to the five components of internal control.
What is COSO?
A visual representation of the process, including process steps and roles involved.
What is a process map?
DAILY DOUBLE
When your ending fund balance is positive.
What is a balanced budget?
This is the name for invoices to the State.
What is A-19?
Grantees must use at least one of these two sets of annual guidelines to determine income eligibility.
What are the Federal Poverty (FPG) and State Median Income (SMI) Guidelines?
A planned action that is taken in response to an abnormal condition.
What is a countermeasure?
Tool for assuring budget discussion center on service levels, accomplishment of goals and objectives, results or outcomes, etc. – not just on line item dollar amounts.
What is a Decision Package Narrative?
This type of funding requires us to incur expenditures and ask the grantors to pay us back.
What is Cost Reimbursable?
Effective date of 2 CFR 200 Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, for fiscal years beginning on or after.
What is December 26, 2014?
Japanese term for "actual place" where the work happens.
What is gemba?