SECTION .0300 ‑ EXPENDING PROJECT FUNDS

10A NCAC 05D .0301       GENERAL POLICIES

The following general policies and procedures for expenditure of Older Americans Act funds will apply:

(1)           Approved notification of grant awards will specify the maximum amount of Older Americans Act assistance which a grantee is eligible to receive.  No additional grant funds beyond the amount specified on the notification of grant award will be available to the grantee unless additional funds are available to the Division of Aging, a budget revision request is submitted to the division and subsequent notification of grant award is executed by the division and the grantee.

(2)           If at any time during the year the Division of Aging determines that Older Americans Act funds are being expended improperly, the division may require the grantee to cease incurring costs under the Older Americans Act.  Ineligible or other improper expenditures must be reimbursed to the Division of Aging.  Under such conditions, the division will notify the grantee regarding the action being taken, the reasons for the division's actions, and the conditions and time framework for corrective procedures to be made.

(3)           Funds shall be committed by a project only during the approved budget year, as specified on the approved notification of grant award.  All funds shall be disbursed within 90 days after the end of the budget year.  In addition, all grantees and contractors of grantees shall meet the Local Government Fiscal Control Act, G.S. Chapter 159.

History Note:        Authority G.S. 143B‑10; 143B‑138;

Eff. September 1, 1978;

Amended Eff. October 1, 1980;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 23, 2015.