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0 6o0~ 13 =lf, 94g Page 10 of 12 <br />2. For Departments selecting monthly payments through the check option <br />Provided the Consolidated Contract is properly executed and all quarterly <br />expenditure reports are filed within the established time frames, <br />payments equal to 1/12 of the total program approved budget shall be made <br />by the 25th of each month as follows: <br />July <br />October <br />March <br />August <br />December <br />April <br />September <br />January <br />June <br />Based on expenditures reported for the first, second, and third quarters, <br />payments shall be adjusted either upward or downward, in payments made on <br />the 25th of the following months: <br />November <br />February May <br />3. For departments selecting quarterly reimbursement option, payments shall <br />be made by the 25th of the month in which the quarterly expenditure <br />report is received. <br />4. For departments receiving Rural Obstetrical Care Incentive funds, payment <br />of such funds shall be made in one lump sum the month following receipt <br />and approval of the activity budget. <br />5. Quarterly payment for reported expenditures in Line Item 1000 shall be <br />limited to one-fourth of the budgeted amount in that line item. <br />6. Increased or decreased payments necessitated by changes in the total <br />budgeted amount will be reflected in the monthly payments subsequent to <br />approval of the budget revision. <br />7. Payments shall be suspended when expenditure reports are not received by <br />the time specified. Payments will resume on the specified dates in the <br />months subsequent to receipt of the expenditure reports. <br />B. Payment is limited to the total amount of the budget by line item. <br />9. Final payments will be made based on the 4th quarter expenditure report. <br />Final payments will be equal to the difference between approved reported <br />expenditures and the sum of previous payments. Final payments should be <br />made not later than September 15th. <br />10. Transfer of TXIX Fees <br />47 <br />a. Upon receipt of Title XIX fees, transfer of such funds will be made <br />to departments participating in GMTS on the 15th of the month and to <br />departments not participating in GMTS on the 25th of the month. <br />