Reserve for Federal Audit Disallowances
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The Reserve for Federal Audit Disallowances provides authority to the General Fund in the event of a reduction in available Federal grant awards resulting from disallowances. This reserve is available to provide State funding to cover unusual instances in which legitimate expenditures are determined to be ineligible for Federal reimbursement. The 2012-13 Executive Budget recommends an appropriation consistent with the prior year.
The Executive Budget recommends a $200 million appropriation.
Category | Available 2011-12 |
Appropriations Recommended 2012-13 |
Change From 2011-12 |
Reappropriations Recommended 2012-13 |
---|---|---|---|---|
State Operations | 200,000,000 | 200,000,000 | 0 | 0 |
Total | 200,000,000 | 200,000,000 | 0 | 0 |
Note: Most recent estimates as of 1/17/2012