11
Grants – New Statewide Policies
•Revenues – recognized once all eligibility requirements have been met
–If governmental or expendable trust funds, funds must also be available
–Considered available if received on or before June 30 or by July 31
•Changes only affect the closing package process – no changes in STARS
Required characteristics of recipients - recipient has the characteristics specified by the provider

Time requirements - usually specified in enabling legislation, such as specification of the grant period

Reimbursements - provider offers resources on a reimbursement basis and the recipient has incurred allowable costs under the program

Contingencies - Specific action required by the provider has occurred, such as paying the required match on a grant program or raising a certain amount of money to be matched by the provider.