Grant Expenditures Sample Clauses

Grant Expenditures. The Grantee agrees to expend ▇ ▇ ▇▇▇▇▇ funds received under this agreement solely for the purposes for which they were authorized and appropriated. Expenditures sha l be in compliance with the state guidelines for a lowable project costs as outlined in the Department of Financial Services’ Reference Guide for State Expenditures (as of October 2022), incorporated by reference, which are available online at ▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇-▇▇/▇▇▇▇▇▇▇▇▇▇-▇▇▇-▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇/▇▇▇▇▇-▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇-▇▇▇▇▇-▇▇▇-▇▇▇▇▇- expenditures.pdf?sfvrsn=b4cc3337_2. Grant funds may not be used for the purchase or construction of a library building or library quarters.
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Grant Expenditures. The Grantee agrees to expend all grant funds received under this agreement solely for the purposes for which they were authorized and appropriated. Expenditures shall be in compliance with the state guidelines for allowable project costs as outlined in the Department of Financial Services’ Reference Guide for State Expenditures (as of January 2020), incorporated by reference, which are available online at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/division/aa/manuals/documents/ReferenceGuideforStateExpenditures.pdf. Grant funds may not be used for the purchase or construction of a library building or library quarters.
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Grant Expenditures. The Subgrantee agrees to expend all grant funds received under this agreement solely for the purposes for which they were authorized and appropriated. Expenditures shall be in compliance with the state and federal guidelines for allowable project costs. State guidelines for allowable costs are outlined in the Department of Financial Services’ Reference Guide for State Expenditures (as of January 2020), incorporated by reference, which are available online at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/division/aa/manuals/documents/ReferenceGuideforStateExpenditures.pdf. Federal guidelines for allowable costs can be found at ▇▇▇.▇▇▇/▇▇▇▇▇/▇▇▇/▇▇▇-▇▇▇▇-▇▇▇▇▇▇-▇▇▇▇/▇▇▇/▇▇▇- 2014-title2-vol1-part200-subpartE.pdf in 2 CFR Part 200, Subpart E – Cost Principles (as of September 2019), incorporated by reference. In addition, the following are not allowed as grant expenditures:
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Grant Expenditures. The OJP Financial Guide serves as a primary manual to assist grantees in fulfilling their fiduciary responsibility to safeguard grant funds and ensure funds are used for the purposes for which they were awarded. It also serves as a day-to-day management tool for award recipients in administering grant programs. The OJP Financial Guide requires that expenditures be accounted for and adequately supported. To determine the accuracy and allowability of costs charged to the grant, we reviewed a sample of direct expenditures totaling $44,540. ORA’s approved grant budget included the following: OCCUPATIONAL RESEARCH AND ASSESSMENT, INCORPORATED APPROVED GRANT BUDGET AMOUNTS AND DESCRIPTION OF COSTS COST CATEGORY APPROVED REVISED BUDGET DESCRIPTION OF PLANNED EXPENDITURES Personnel $340,000 ORA staff involved in NamUs Project Fringe Benefits 54,510 ORA staff involved in NamUs Project Travel 16,650 ORA staff members attending training academies Supplies 20,950 General office and training academy supplies Contract/Consultant 456,300 Training academy costs, including travel, for faculty and trainees. Other 9,939 ORA telephone, postage, fax, and website costs Equipment 0 None planned Construction 0 None planned Indirect Costs 0 None planned FEDERAL FUNDS $898,349 LOCAL MATCH $0 TOTAL PROJECT COST $898,349 Source: Office of Justice Programs and Occupational Research and Assessment, Inc. We reviewed the general ledger account designated for grant activity and verified 25 transactions. Our sample of expenditures totaled $44,540, or 54 percent of the $82,242 in recorded grant expenditures through September 30, 2010. Expenditures recorded in the ledger related directly to the first NamUs Training Academy seminar that had been held in St. Louis, Missouri. We found that generally the transactions we reviewed were properly authorized, classified, supported, and charged to the grant. As previously mentioned, reimbursement requests for payroll expenses and fringe benefits, as well as supplies and other costs, were based on pro-rated amounts. Expenditures for these budget categories were not recorded in the grant accounting ledger. We determined that the Grant Accountant was maintaining unofficial grant spreadsheets that included actual training academy costs along with the pro-rated, estimated amounts that were used to calculate reimbursement requests. We determined that the grantee also used the spreadsheet information to prepare the Financial Status Reports (FSR) and the FSR-...
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Grant Expenditures. The Grantee agrees to expend all grant funds received under this agreement solely for the purposes for which they were authorized and appropriated. Expenditures shall be in compliance with the state guidelines for allowable project costs as outlined in the Department of Financial Services’ Reference Guide for State Expenditures (as of January 2020), incorporated by reference, which are available online at
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Related to Grant Expenditures

  • Eligible Expenditures 1. Subject to Article 8.7 of the Regulation, eligible expenditures of this Programme are: (a) management costs of the Programme Operator in accordance with the detailed budget in the financial plan; (b) payments to projects within this Programme in accordance with the Regulation, this programme agreement and the project contract. 2. Eligible expenditures of projects are those actually incurred by the Project Promoter or project partners, meet the criteria set in Article

  • Eligible expenditure 6.1 Eligible expenditure consists of payments by the Recipient for the Purpose. Eligible expenditure is net of VAT recoverable by the Recipient from HM Revenue & Customs and gross of irrecoverable VAT. 6.2 The Recipient shall account for the Grant on an accruals basis. This requires the cost of goods or services to be recognised when the goods or services are received, rather than when they are paid for.

  • ▇▇▇▇▇▇’S EXPENDITURES If any action or proceeding is commenced that would materially affect ▇▇▇▇▇▇’s interest in the Collateral or if Borrower fails to comply with any provision of this Agreement or any Related Documents, including but not limited to Borrower’s failure to discharge or pay when due any amounts Borrower is required to discharge or pay under this Agreement or any Related Documents, Lender on Borrower’s behalf may (but shall not be obligated to) take any action that Lender deems appropriate, including but not limited to discharging or paying all taxes, liens, security interests, encumbrances and other claims, at any time levied or placed on any Collateral and paying all costs for insuring, maintaining and preserving any Collateral. All such expenditures incurred or paid by Lender for such purposes will then bear interest at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by ▇▇▇▇▇▇▇▇. All such expenses will become a part of the Indebtedness and, at Lender’s option, will (A) be payable on demand; (B) be added to the balance of the Note and be apportioned among and be payable with any installment payments to become due during either (1) the term of any applicable insurance policy; or (2) the remaining term of the Note; or (C) be treated as a balloon payment which will be due and payable at the Note’s maturity.

  • Capital Expenditures The Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

  • Maximum Capital Expenditures Borrower and its Subsidiaries on a consolidated basis shall not make Capital Expenditures during the following periods that exceed in the aggregate the amounts set forth opposite each of such periods: Period Maximum Capital Expenditures per Period Fiscal Year ending on or about March 31, 2007 $ 7,900,000 Fiscal Year ending on or about March 31, 2008 $ 9,500,000 Fiscal Year ending on or about March 31, 2009 and each Fiscal Year ending thereafter $ 3,000,000