IMPORTANT REQUIREMENTS FOR GRANT RECIPIENTS:
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Quarterly Expenditure Reports are due within 20 calendar days of the quarter end dates (December 31, March 31, June 30, September 30). The Quarterly Reports for these grants will be submitted in IWAS. They are used to report expenditures for each awarded grant.
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Final Expenditure Report is due within 20 calendar days after the project is completed. It should describe the use of the grant funds and actual project expenditures. If actual project expenditures are less than expected (so that the amount of the grant is greater than 50 percent of the total project expenditures), the applicant shall refund the amount of the grant that is in excess of 50 percent of actual project expenditures, including any interest earned on the unexpended portion.
- All project activities must be expended or legally obligated within two years of disbursement by the state. If funds have been obligated but not fully expended two years after disbursement, 90 calendar days will be allowed to liquidate all obligations.
Contact Alexandria Alvey in the School Business Services Department at
SMPG@isbe.net or 217-785-8779 if you have questions.
