Re: Cost sharing question
gschmidt 25 Oct 1999 07:38 EST
Maybe I'm wrong, but I couldn't think of one. Fed funds come with CFDA numbers to
the states, even in Block Grants. When they're passed on to state agencies and
universities, they are supposed to maintain the CFDA number. Your auditors keep
track of it and report it back to the government. If you subaward it to another
institution or agency, you are to supply the CFDA number to them. So it tracks all
the way.
Whether the funds get supplanted with state funds poses additional challenges. Your
award would have to explicitly state the fed share, and you would have to account
for it seperately from the state funds. I don't know about your state, but they
don't seperate it out here.
In short, I think you're out of luck.
Michael Pelletier wrote:
> Does anyone out there know whether there are any circumstances in which Federal
> dollars lose their identity as Federal funds for the purpose of cost sharing on
> federal programs? I am especially interested in block grants to states that are
> passed through to subrecipient agencies, i.e. school districts.
>
> Thanks for your help--
--
Greg Schmidt
Manager, Contract & Grant Accounting
Florida A&M University
201 FHAC
Tallahassee, FL 32307-3200
DUNS: 623751831
College of the Year - 1997
850/561-2956 voice
850/561-2461 fax
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