The Contract Lifecycle: Budget Revisions, Carryover, and Ratio Requirements Lunch & Learn

May 20, 2024  | 11:30am - 12:30pm

Virtual via Zoom

Join us for this finance session focused on budget revisions, carryover, and ratio requirements. This training is created for vendors with the Bureau of Drug & Alcohol Services and the Governor's Commission on Alcohol and Other Drugs.

In this session, participants will learn best practices in budget revisions. This will include when budget revisions are allowed and appropriate, and when amendments are necessary. We will discuss encumbrances and carryover from one fiscal year to the next. We will also touch on maintenance of fiscal integrity ratio requirement.

As a result of this training, participants will be able to:

• Understand the requirements of budget revisions versus an amendment.
• Explain the purpose of a carryover and when its allowable.
• General understanding of the maintenance of fiscal integrity ratio requirement.

All seats reserved? Please add yourself to the waitlist, we will add an additional session if there are enough on the waitlist.

Presenter: Melissa Kelleher joins us from the State of New Hampshire’s DHHS Grants Office. She is the Grants Administrator, overseeing Federal Award policy and compliance. Primarily, she is responsible for the Federal grant compliance, including consistent evaluation of discretionary grant opportunities and ensuring subrecipient monitoring across all divisions and bureaus.

Melissa has an extensive background in auditing and administrative law, which have helped to shape the agency’s approach to interpreting and complying with applicable regulations.

This training is financed under a contract with the State of NH, Department of Health and Human Services, with funds provided in part by the State of NH and/or such funding sources as were available or required, e.g., the United States Department of Health and Human Services.  Refreshments for the in-person sessions are generously provided through a grant from the NH Charitable Foundation.