As consortia certify the closing out of 16-17 CAEP funds, keep in mind 17-18 CAEP funds are targeted to be 100 percent spent down by June 30, 2019.
If members cannot fully spend 17-18 funds by June 30, 2019, once a corrective action plan is filed in NOVA, the state will allow an additional six months, until Dec. 31, 2019, to spend the remaining 17-18 funds.
Check with your consortium bylaws to see if there are any consequences for being in corrective action mode (such as ineffective member status).