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Playing by the Rules - HUD

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Office of Community Planning and Development Community Development Block Grant Program Playing by the Rules A Handbook for CDBG Subrecipients on Administrative Systems March 2005 HUD-2005-05-CPD Playing by the Rules A Handbook for CDBG Subrecipients on Administrative Systems Department of Housing and Urban Development Office of Community Planning and Development Community Development Block Grant Program Updated Reprint March 2005 Playing by the Rules A Handbook for CDBG Subrecipients on Administrative Systems Page iii TABLE OF CONTENTS CONTENTS PAG E PROLOGUE: A MESSAGE TO CDBG SUBRECIPIENTS .. vi INTRODUCTION .. 1 1 How to Use This Handbook .. 1 2 Summary of Principal Regulations Governing CDBG Administrative Systems .. 1 3 FINANCIAL MANAGEMENT .. 2 1 Overview .. 2 4 Internal Controls .. 2 4 Accounting Records .. 2 6 Allowable Costs .. 2 8 Source Documentation .. 2 11 Budget Controls.

6.1 Program Income ... the more efficient you can be in designing and conducting your activities. Playing by the rules does not detract from your performance; it enhances it (and ... the “minimum requirements” specified in the handbook and the training do not become

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