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Does the Total Federal Amount of ARRA Expenditure need to equal the Total Federal Amount ARRA Funds Received/Invoiced?

April 26, 2017arra expenditure Federal funds invoiced received total

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Does the Total Federal Amount of ARRA Expenditure need to equal the Total Federal Amount ARRA Funds Received/Invoiced?

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(New: 09/28/2009) Not necessarily. The Total Federal Amount of ARRA Expenditures should equal the value of expenditures within the grantee’s accounting system. Grantees should report figures to the best of their knowledge and ability at the time each report is due.