Fiscal Grant Review
Fiscal grant review ensures the integrity of dollar amounts
requested on state and federal applications. Budgets and amendments
are reviewed related to proper classification of functions
and objects according to Illinois Program Accounting. Fiscal
grant review includes examination of budget detail for adequacy
and accuracy to support the proposed initiatives and the intents
set forth by the rules and guidelines of each grant program.
Below is a sample of some of the items that are reviewed:
- Does the budget provide sufficient detail for all budgeted
items?
- Are the budgeted items program eligible and properly classified
according to the Illinois
Program Accounting Manual?
- Are the function and object amounts on the Budget Breakdown
corresponding to those on the Budget Summary?
- Is the indirect cost percentage and amount figured correctly?
- Is the payment schedule complete, within the project period
and requested as needed?
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