§ 2-466. Grant administration.

(a)

Each department, authority or board must notify the county administrator upon acceptance of any grant. Prior to the receipt or expenditure of grant revenues, the county administrator must be provided with the following information prior to receiving grant revenues or making purchases against the grant:

(1)

Copy of grant application;

(2)

Notification of grant award;

(3)

Financial reporting and accounting requirements including separate account codes and/or bank accounts; and

(4)

Schedule of grant payments.

(b)

Each board or authority is responsible for the management of its grant funds and periodic reporting.

(c)

Any departments, commissions or authorities in the county who receive a grant from the county budget will be required to furnish the commissioner' office a financial statement before funds budgeted will be issued. Financial reports are due by February 1 each year.

(d)

The county shall establish two funds for grant disbursements. They shall be a major grant fund for all single grants in excess of $50,000.00 or two percent of county revenue and a multiple grant fund to accumulate by division all grants under $50,000.00. These funds shall be subject to audit by the independent auditor and all state grant funds must have annual reports completed and submitted to the state department of audits.

(Res. of 2-9-1993; Code 2002, § 1-7-3)