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The 2023 Consolidated Annual Performance and Evaluation Report provides an assessment of the progress made in implementing New Mexico\'s Consolidated Plan during the program year. It covers five primary formula grant programs: CDBG, HOME, ESG, HOPWA, and HTF, highlighting goals and outcomes related to affordable housing, homelessness prevention, and community development initiatives.
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Gather all necessary data from the year 2023, including performance metrics and achievements.
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Review the goals set at the beginning of the year and assess the progress made towards each goal.
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Make notes about any challenges faced and how they were overcome.
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Organize the performance data into relevant sections such as overall performance, teamwork, leadership, and individual contributions.
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Consolidated annual performance refers to a comprehensive assessment of an organization's performance over a fiscal year, typically integrating various metrics and data from subsidiaries to provide an overall view of effectiveness and success.
Entities that operate multiple subsidiaries or divisions and are required to report their financial performance on a consolidated basis are mandated to file a consolidated annual performance report.
To fill out the consolidated annual performance report, organizations must gather financial data from all subsidiaries, standardize reporting formats, ensure compliance with relevant accounting standards, and compile the information into a comprehensive document detailing overall performance.
The purpose of consolidated annual performance is to provide stakeholders, including investors and regulators, with a clear and comprehensive view of an organization's financial health and operational effectiveness as a single entity.
Information to be reported includes total revenue, expenses, net income, cash flow, assets and liabilities, as well as performance metrics for individual subsidiaries and any significant transactions or events affecting the entity.
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