What are the size and frequency of project payments?
Initial payment will represent the state funded portion of the total allocation, approximately 50 percent of the total in most cases. This amount should be sufficient to operate for 5-6 months. Subsequent payments of federal funds should then be requested on an as needed basis. See item 2-3 of this section. • Must the amount of the entire approved grant be requested by and paid to the district/agency prior to the end of the project period? No. The amount requested should be great enough to cover expenditures (i.e. enough to avoid negative balances) but should not result in substantial cash balance during the year. The portion of the approved grant which is not paid to the district/agency during the project period will not be lost. It will be available for use as carry-over funds along with the unexpended cash on hand at the end of the project period and the portion of the district’s/agency’s allocation that was not included in the approved budget. • How is carry-over money obtained? Fo
