§ 10185. Obligation and Expenditure of Grant Funds.

Grant funds shall be used for the immediate needs of the designated project. Grant funds must be obligated and expended by the dates specified in the grant agreement. The funding period will be no more than three years, which means that all funds must be obligated no more than three years from when a grant is awarded and all funds must be liquidated no more than three years and 90 days from when the grant was awarded by the Authority.

The end of the funding period for the first five funding rounds is designated as September 30, 2013 by the U.S. Department of Education. The end of the funding period for the subsequent funding rounds (six through ten) shall be determined by the U.S. Department of Education and is currently targeted as September 30, 2017. No extension of the funding period will be considered or allowed unless approved in writing by the U.S. Department of Education. Grants to subgrantees that are made within three years of the end of the funding period will be awarded based on the amount of time remaining in the funding period.

Subgrantees that receive an award for purchases, construction, or renovation shall provide verification that the approved project has been initiated within six months of the award date and shall annually provide sufficient documentation to approve disbursement equal to each year's award. Subgrantee also shall provide semi-annual progress reports to the Authority.

If Authority staff determines at its discretion that the Subgrantee does not demonstrate timeliness, readiness, or feasibility in providing verification of continued eligibility for each disbursement, the Subgrantee will not be eligible for disbursement of Grant funds.

HISTORY

1. New section filed 6-27-2005 as an emergency; operative 6-27-2005 (Register 2005, No. 26). A Certificate of Compliance must be transmitted to OAL by 10-25-2005 or emergency language will be repealed by operation of law on the following day.

2. New section refiled 10-17-2005 as an emergency; operative 10-17-2005 (Register 2005, No. 42). A Certificate of Compliance must be transmitted to OAL by 2-14-2006 or emergency language will be repealed by operation of law on the following day.

3. Certificate of Compliance as to 10-17-2005 order transmitted to OAL 2-8-2006 and filed 3-24-2006 (Register 2006, No. 12).

4. Amendment filed 3-23-2009; operative 4-22-2009 (Register 2009, No. 13).

5. Amendment of second paragraph and new third paragraph filed 3-25-2010; operative 4-24-2010 (Register 2010, No. 13).

6. Amendment of second paragraph filed 3-21-2013; operative 3-21-2013 pursuant to Government Code section 11343.4(b)(3) (Register 2013, No. 12).

Note

Note: Authority cited: Sections 17179 and 17180, Education Code. Reference: Section 17180, Education Code.