Financial Management Service (316) #
Budget Category: #
Living Arrangement
Description/Providers: #
FMS Co-Employer
Service Code Description: #
This service assists the family or participant to: (a) manage and direct the disbursement of funds contained in the participant’s individual budget, and ensure that the participant has the financial resources to implement his or her Individual Program Plan (IPP) throughout the year; (b) facilitate the employment of service providers by the family or participant, as either the participant’s fiscal agent or co-employer, by performing such employer responsibilities including, but not limited to, processing payroll, withholding federal, state, and local tax and making tax payments to appropriate tax authorities; and, (c) performing fiscal accounting and making expenditure reports to the participant or family and others as required. This service includes the following activities to assist the participant in their role as either the employer or co-employer:
1. Assisting the participant in verifying worker’s eligibility for employment and provider qualifications
2. Ensuring service providers employed by the participant meet criminal background checks as required and as requested by the participant.
3. Collecting and processing timesheets of workers.
4. Processing payroll, withholding, filing and payment of applicable federal, state and local employment-related taxes and insurance.
5. Tracking, preparing and distributing reports (e.g., expenditure) to appropriate individual(s)/entities.
6. Maintaining all source documentation related to the authorized service(s) and expenditures.
7. Maintaining a separate accounting for each participant’s participant-directed funds.
8. Providing the participant and the regional center service coordinator with a monthly individual budget statement that describes the amount of funds allocated by budget category, the amount spent in the previous 30-day period, and the amount of funding that remains available under the participant’s individual budget.
9. Ensuring payments do not exceed the amounts outlined in the participant’s individual budget.
10. Fulfilling other FMS responsibilities as mandated by local, state and federal laws and regulations.
Generic Resource: #
None
Available Under Age 21? #
Yes
Included in Budget? #
No (Paid outside of SDP Budget)
EVV Required? #
No
