103. Budget revisions for Area Agencies and Title III Projects

340:105-10-103. Budget revisions for Area Agencies and Title III Projects

Issued 11-29-93

(a) Policy. The following types of budget revisions will require the approval of the grantor agency by a revised notification of grant award (NGA), and a revised Title III Project or Area Agency budget:

(1) A budget increase of more than ten percent in any single line approved line item;

(2) A change in the cost sharing ratio;

(3) A change in the project period and budget year dates;

(4) A change in the recipient of award; and

(5) Any change in the Personnel or Equipment line items.

(b) Authority. The authority for OAC 340:105-10-103 is 45 CFR Part 1321.11.

(c) Procedures. The procedures for implementing this Section are as follows:

(1) The grantee agency (the Title III Project or the Area Agency) submits a proposed budget (with any of the outlined revisions listed in (a) of this Section) to the grantor agency (the Area Agency or the State Agency) for approval;

(2) If the revision(s) is approved, the grantor agency issues a revised NGA; and

(3) The grantee agency revises the budget as approved.

(d) Cross References. There are no cross references for budget revisions for Area Agencies and Title III Projects.

Library: Policy