34 CFR § 76.702 State-Administered Formula Grant Programs

§ 76.702 Fiscal control and fund accounting procedures.

Current through Oct 8, 2026 · Read all of Part 76

⚠ 1 pending change to Part 76

A State and a subgrantee shall use fiscal control and fund accounting procedures that ensure proper disbursement of and accounting for Federal funds.

[45 FR 22517, Apr. 3, 1980, as amended at 89 FR 70339, Aug. 29, 2024]

← § 76.701 The State or subgrantee administers or supervises each project.§ 76.703 When a State may begin to obligate funds. →