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D.C. Municipal Regulations (Last Updated: September 13, 2017) |
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Title 29. PUBLIC WELFARE |
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Chapter 29-63. LICENSING OF INDEPENDENT LIVING PROGRAMS FOR ADOLESCENTS AND YOUNG ADULTS |
Section 29-6315. FISCAL MANAGEMENT
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6315.1An independent living program shall keep and maintain a current and accurate record of receipts and expenditures.
6315.2An independent living program shall demonstrate fiscal accountability.
6315.3An independent living program may not enter into a service contract with any corporation, firm, association, or business in which the independent living program's owners, administrative staff, board of directors, or the members of their immediate families, have any direct financial interest, unless the service contract contains terms equal to or more favorable to the independent living program than those terms offered to the general public. The independent living program shall maintain a written record of any service contract in which its owners, administrative staff, or board of directors, or members of their immediate families, is involved.
6315.4An independent living program shall maintain copies of all leases into which it or its residents enter. A lease shall include the location and description of the rented property, monthly or annual rent, and the period of time covered.
6315.5An independent living program shall maintain adequate bonding for all persons delegated the authority to manage funds.