SECTION .0300 ‑ FISCAL STANDARDS

 

04 NCAC 20B .0301          BUDGETING

(a)  Subgrantees and contractors shall prepare estimated

budgets as described in division instructions, consistent with federal

regulations and shall submit the budgets as part of their job training plans or

contract applications.  Amendments to or deviations from the budget shall be

governed by the subgrant agreement or the contract document.

(b)  Each subgrantee and contractor shall maintain its

budget in accordance with the provisions of the applicable budget and fiscal

control acts in the General Statutes, the subgrant or contract and the federal

law.

 

History Note:        Authority G.S. 143B‑430(b); 159‑7;

Ex. O. No. 93, June 8, 1983;

OMB Circular A‑102, January, 1981;

Eff. February 1, 1976;

Transferred from T01: 18 Eff. September 15, 1981;

Amended Eff. October 1, 1984; August 1, 1982.