Unobligated Balance Of Federal Funds Definition
Unobligated Balance Of Federal Funds Definition. Ecfr content § 240.10 unobligated funds. If the unobligated balance is over the threshold, the recipient would be expected to submit a carryover request through the hrsa prior approval module in the ehbs for the entire amount.
The obligated balance is defined as “the amount of unliquidated obligations applicable to the appropriation less amounts collectible as repayments to the appropriation.” 31 u.s.c. The noa will include a term. There are two types of carryover.
The Amount Is Computed By Subtracting The Cumulative Amount Of The.
Highlights the growth in the past 5 years in unobligated balances of federal and trust funds and in unliquidated obligations has raised concern about. Unobligated balance means the cumulative amount of budget authority that remains available for obligation under law in unexpired accounts. Fund balance can simply be referred to as the difference between assets and liabilities in a government fund.
An Explanation Of Why The Carryover Is Needed, Including The Reasons For Having Unobligated Funds From The Prior Budget.
In many cases, the trainee appointment period may overlap budget periods. Total amount of unobligated funds requested to carryover; Unliquidated obligations are commitments of the recipient and are considered to be obligations and, therefore, should not be reported as unobligated balances.
The Obligated Balance Is Defined As “The Amount Of Unliquidated Obligations Applicable To The Appropriation Less Amounts Collectible As Repayments To The Appropriation.” 31 U.s.c.
The term “expired balances available for. It represents the amount of direct program. State agencies shall release to fns any funds paid to them under this part which are unobligated at the end of each fiscal year.
To Hold Over (Something, Such As Goods) For Another Time Or Season.
There are two types of carryover. Provide the gmo a compelling written rationale for carryover as additional budget authority,. The amount is computed by subtracting the cumulative.
The Amounts Of Budget Authority That Have Not Yet Been Obligated By Contract Or Other Legally Binding Action By The Government.
These funds comprise the unobligated balance of allocations, contributions not yet allocated, residual balances of closed projects, interest and miscellaneous income, including those items. Unobligated adjective un· obligated + of funds : Ecfr content § 240.10 unobligated funds.
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