Financial Management Oversight Seminars

Number C-03-03
2/7/2003

U.S. Department
of Transportation
Federal Transit
Administration

Administrator

400 Seventh St. S.W.
    Washington, D.C. 20590

Dear Colleague:

I am pleased to invite you to attend one of the Federal Transit Administration (FTA) Financial Management Oversight Seminars that will be conducted during the calendar year 2003. FTA has been conducting these seminars for nine years, and the feedback we get from FTA grant recipients continues to be very positive.

These seminars are a part of our ongoing oversight efforts to enhance and refine our grantees’ financial management systems to meet the standards established by the Common Rule. The seminar also covers the topics of Financial Capacity Assessments and the related financial plan requirements for grantees seeking New Start funding. The instructors will also lead a review of sound internal control principles and disaster recovery planning.

The two-day seminar is highly interactive and provides plenty of opportunity to network with your peers at other agencies and identify best practices for meeting Federal requirements. Participants will receive a comprehensive workbook as well as a Reference Manual, which is a compilation of circulars and regulations about program management requirements.

FTA encourages chief financial officers, internal auditors and financial, project and grant managers to take advantage of these seminars. In order to facilitate maximum opportunity for discussion and interaction, attendance at the seminars is limited to approximately 50 participants. I hope you will complete and return the registration form as early as possible.

Sincerely,
Jennifer L. Dorn