Effective July 1, 2002, the ODJFS converted from the cash advance system to a cash draw system. The period ending June 30, 2002, was the last period cash advances were issued to the county agencies. Counties will continue to submit quarterly forecasts of anticipated expenditures to ODJFS using the Quarterly Information Consolidation (QuIC) system.

The federal Office of Management and Budget has changed their requirements to assure only three-day cash on hand at the local level and no longer accepts the county advance process for Temporary Assistance for Needy Families (TANF) and Workforce Investment Act (WIA) programs. Counties must disburse draws within three days of procurement of funds for TANF and WIA programs. Counties that maintain more than three days cash are required to calculate the interest accrued on those unspent funds and report that interest as "program income". Interest earned or program income must be returned to the source program and added to that program fund.

Questions concerning the cash draw system should be directed to your Fiscal Supervisor or to the Bureau of County Finance and Technical Assistance at (614) 752-9194.

Instructions:

Remove the entire APM section 7000 and replace with the attached corresponding pages. (APM 7000)