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


Latest version.
  • (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.
[Source: Added at 11 Ok Reg 673, eff 11-29-93 (emergency); Added at 11 Ok Reg 2771, eff 6-13-94]