Examples of Grant Budget in a sentence
Each item of expenditure shall be specifically attributed to the eligible cost category as identified in the Grant Budget.
Subject to the requirements of applicable laws, regulations, and this Grant Agreement, Grantee may use grant proceeds for certain reasonable, necessary, and otherwise allowable costs that are directly allocable to the project described in Exhibit A (Grant Budget), Exhibit B (Grant Narrative), and Exhibit C (Special Conditions) of this Grant Agreement, and Grantee’s Grant Application (collectively, the “Grant Project”).
The TSC may authorize transfer of funds between categories in the Grant Budget if requests are in writing; fit within the scope of the tasks undertaken under the Grant Project and the total Grant Budget; are beneficial to the achievement of the objectives of the Grant Project; and are an efficient, effective use of the grant funds.
Grantee shall not use grant funds for the payment of taxes, overhead, debt repayment, indirect expenses, administrative expenses, or any costs not allowed under Chapter 482, Texas Government Code, this Grant Agreement, the Grant Budget, or other applicable law.
The total Grant Budget and the assignment of costs may be adjusted based upon progress of the Grant Project, spending patterns, and unexpended funds, but only by an amendment to the Grant Budget.
In no event shall an amendment to the Grant Budget result in aggregate payments more than the Maximum Liability of the TSC.
Subject to Section 6.9.1, Grant Budget changes or transfers require prior written approval from the TSC.
The TSC shall reimburse Grantee only for costs that are directly allocable to the Grant Project as determined by the TSC, in its sole discretion, in accordance with Chapter 482, Texas Government Code, this Grant Agreement, and the Grant Budget, and in conformity with TxGMS.
Grantee shall use Grant proceeds only for actual expenses that are allowable under this Grant Agreement, directly in support of the Grant Project, allocated in the Grant Budget, and consistent with state law and administrative rules.
The Grant Budget is the approved budget for the planned expenditure of awarded grant funds, with expenditures identified by approved cost category.