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Grants and Contracts

Financial Services


Budget and Expenditures

Grant budgets are established at the time of account assignment. Grant and Contract budgets use the same object codes and follow the same rules and guidelines as other state appropriated funds.  Revisions to grant budgets can be done when allowed and with the proper approval authority.  Additional details can be found in the budget manual under Budget Revisions. Sponsoring agencies also have regulations and guidelines which must be followed. It would be impossible to define a policy which would cover acceptable cost for all grants so directives from each sponsoring agency must be consulted to insure proper compliance. Some general guidelines can be found in the Business Manual under Expenditure Guidelines