At the beginning of each fiscal year, Falling Colors will bill each member agency 25% of their total State General Fund allocations and then subsequent bills will be for 1/9.
Federal Funds, Other State Funds, and Special Appropriations will be billed to the member agencies on a cost reimbursement basis.
Administrative (Admin/GRT) invoices are billed based on Direct Dollars spent.
Member Agencies should pay ASO Invoices in a timely manner to avoid past-due interest charges, and to insure that Cash Flow is maintained so that provider payments are not interrupted or delayed.
Falling Colors will bill member agencies on a monthly basis from July to May. The month of June member agencies are billed weekly.
Falling Colors will charge member agencies past-due interest charges for unpaid ASO invoices after 30 days at 1.5%
Falling Colors is willing to work with member agencies for special circumstances in regards to fund types and billing needs-Cost Reimbursement versus Monthly Draw.
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