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ILLINOIS STATE BOARD OF EDUCATION

ILLINOIS STATE BOARD OF EDUCATION . Division of Funding and Disbursement Services STATE and Federal Grant Administration Policy, Fiscal Requirements, and Procedures In accordance with the Grant Accountability and Transparency Act (GATA), 30 ILCS 708/1 et seq and Title 2 Code of Federal Regulations Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards Updated: April 2017. Division of Funding and Disbursement Services (E-320). 100 North First Street Springfield, IL 62777. 217/782-5256. Table of Contents Page Number Purpose Statement 1. Glossary of Acronyms and Terms 2-8. Section A: Policy STATE and Federal Grant Administration Policy 9-11. Section B: Requirements grants Accountability and Transparency Act (GATA) 12-13. Equipment 14-17. Interest Income 18-20. Record Retention 21-22. Section C: Procedures for Administration of grants Budgets/Amendments/Payment Schedules/Expenditure Reports 23-28.

ILLINOIS STATE BOARD OF EDUCATION Division of Funding and Disbursement Services State and Federal Grant Administration …

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