Common use of Restrictions on the Use of Funds Clause in Contracts

Restrictions on the Use of Funds. Funds shall be expended in accordance with applicable state and federal guidelines (411.01(9)(d), F.S.; 45 CFR 98 section 98.54). The Sub-recipient shall maintain distinctive and clearly identifiable fiscal records reflecting the separation of funding sources for the School Readiness Program and other Programs. The Sub-recipient shall establish a separate general ledger account for each fund within the accounting system to generate reports that will show all transactions by fund. A clear audit trail shall exist showing the benefit received from each expenditure as it relates to the applicable program/activity.

Restrictions on the Use of Funds. Funds shall be expended in accordance with applicable state and federal guidelines (411.01(9)(d)1002.89, F.S.; 45 CFR 98 section 98.54). The Sub-recipient shall maintain distinctive and clearly identifiable fiscal records reflecting the separation of funding sources for the School Readiness Program and other Programs. The Sub-recipient shall establish a separate general ledger account for each fund within the accounting system to generate reports that will show all transactions by fund. A clear audit trail shall exist showing the benefit received from each expenditure as it relates to the applicable program/activity.

Restrictions on the Use of Funds. Funds shall be expended in accordance with applicable state and federal guidelines (411.01(9)(d)1002.89, F.S.; 45 CFR 98 section 98.54). The Sub-recipient shall maintain distinctive and clearly identifiable fiscal records reflecting the separation of funding sources for the School Readiness Program and other Programs. The Sub-recipient shall establish a separate general ledger account for each fund within the accounting system to generate reports that will show all transactions by fund. A clear audit trail shall exist showing the benefit received from each expenditure as it relates to the applicable program/activity.