GrantWISE

GrantWISE is a SIGnetwork Community of Practice (CoP) open to all SPDGs focused on fiscal and programmatic excellence in discretionary grants. The group explores procurement, internal controls, budget planning, and APR-related budget explanations.

This meeting (September 9^th at 3:00 ET) is focused on final reports and implementing a no-cost extension SPDG and new SPDG at the same time. 

Topics Covered

• Encumbered/committed funds are excluded from carryover calculations; carryover = remaining G5 balance minus encumbered funds.
• G5 is the authoritative source for actual expenditures; state accounting reports may differ but discrepancies must be resolved.
• Continuation funding decisions are based on encumbered amounts plus drawdown activity — large unexplained balances trigger scrutiny.

Key Concepts Clarified

During this session, we will take a deeper dive into procurement. The Tennessee SPDG team will share how they have set themselves up for success in their contracting processes and overall spending practices. We will also review a fiscal resource that may be especially helpful to new grantees and others navigating SPDG fiscal and procurement requirements.

During this first session, Dr. Jennifer Coffey laid the groundwork for the community by framing GrantWISE as a space for fiscal and programmatic excellence in discretionary grants. She highlighted the purpose of the group, upcoming meeting dates, and several core topics we’ll return to over time — including procurement, internal controls, subrecipient monitoring, cash management, budgeting resources, and APR-related budget explanations.