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 Coordination with the Project Implementation Team for Successful Project Close Out
And Transition to Operations
- Provide guidance in achieving timely project closeout with Contractor and design team
- Provide oversight and guidance on accounting process and internal controls for future operations
- Provide guidance in segregating operations costs and assigning costs to proper entities during the compliance period
- Provide guidance in establishing and segregating separate budgets for the multiple entities created in the Tax Credit financing process including the unique cost items related to the Tax Credit financing that must be considered
- Assist in establishing schedules of required ongoing payments, standard cash flow protocols for moving cash through entities to fund operations, reports to be created and submitted, and periodic entries that must be made at the various entities during the compliance period
- Provide assistance during first year of operations including preparation for first year audit under new entity structure.
Photo by Whitney Cox, Fox Theater in Spokane, WA.
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