(a) A Board shall meet the following requirements for unmatched federal Child Care funds that are contingent upon a Board securing local funds.
- (1) By the end of the fourth month following the beginning of the program year, a Board shall secure donations, transfers, and certifications totaling at least 100% of the amount it needs to secure in order to access the unmatched federal Child Care funds available to the workforce area at the beginning of the program year.
- (2) Throughout the program year and by the end of the twelfth month, a Board shall ensure completion of all donations, transfers, and certifications consistent with the contribution schedules and payment plans specified in the local agreements.
- (b) The Commission may deobligate, at any time following the fourth month of the program year, all or part of the difference between a Board's actual level of secured and completed match and the level of performance that is required, as set forth in §800.73(a).
Source Note:The provisions of this §800.73 adopted to be effective July 12, 2006, 31 TexReg 5465.