Food funds management involves monitoring cost containment measures and procedures related to infant formula and other food items, the monitoring and management of State agency funding sources, and the accurate reporting of participation figures.
- Cost Containment Measures - 246.4(a)(14)(x): describe the policies and procedures used to implement cost containment measures as they relate to infant
formula contracts, their approval and the processing of infant formula and/or other rebates, and food package cost containment practices.
- Funds Monitoring/798 Reporting - 246.4(a)(12)and (a) (14): describe the State agency's funding sources, how food obligations are calculated to allow for
inflation, rebate cash management, and monthly closeout monitoring activities.
- Participation Reporting - 246.4(a)(11)(i): describe the methods used to accurately document and monitor participation at the State and local level, and
methods for monitoring changes in participation by priority.