Good morning,

I'm interested in the accounting practice for any institutions who have
received a grant from a state/federal transportation program (generally
referred to as the "Section 5310" program) -- the grant is in the form of a
vehicle built to our State Dept. of Transportation specs, not in the form of
dollars. We have received such a grant for the express purpose of operating
a transportation program for the Health Center's adult day care program, and
our organization's grant accountant has questions about the award in
relation to tracking A-133-eligible awards.

The award contract provides a stated dollar value for the vehicle, which is
supported 80% with federal funding and 20% with state funding. The contract
assigns title for the equipment to the Health Center with a lien assigned to
the State.

Our accounting dept. has determined that the vehicle should be recorded as a
non-depreciable fixed asset, but questions remain about how to record the
award in relation to A-133 requirements.

Since my area of expertise is primarily in pre-award proposal development,
I'm seeking the collective wisdom of RESADM-L to pass on to our accountant.

(Note: We are a not-for-profit, non-university hospital and our
organization's cost accounting standards are 45CFR74/OASC-3, not A-122 or
A-21.)

-----------------
Molly Daniel
Grants Specialist
Planning Dept.
Sarah Bush Lincoln Health Center
1000 Health Center Drive
Mattoon, IL 61938-0372
tel. 217-258-2195
fax 217-258-4135
email: xxxxxx@sblhs.org <mailto:xxxxxx@sblhs.org>
web: www.sarahbush.org <http://www.sarahbush.org>

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