Evaluating and selecting funds is one of the key processes of Funded Program Management. It is during this process that a decision is made whether or not to obligate funds to clients. In out-of-the-box Cúram Child Care, service authorization triggers this process. SEM agencies can implement their own triggers, as required. The following details the steps in the evaluating and selecting funds process:
- The system identifies the service or product specified, e.g.,
the service relating to the service authorization.
- The system determines that at least one fund association exists
for the service or product.
- The system evaluates whether or not to obligate funds by
searching for a funding rule set associated with the specified service
or product. If no rules are found, Funded Program Management will not
process an obligation.
- The system retrieves the funds associated with the product or
service to create a list of potential funds with active fund fiscal
years.
- The system invokes the associated fund rule set. The sample rule
set provided with Funded Program Management will sort the list of
funds by priority.
- The system cycles through the funds in the list until it finds a
fund fiscal year with enough balance remaining to cover the obligation
amount.
- If no fund fiscal year is found to have sufficient funds, then
the obligation cannot be created.
- If a fund is configured for wait listing, then a wait list entry
is created for the fund fiscal year.