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 2014-15 Executive Budget recommends a $500 million appropriation.
Category | Available 2013-14 |
Appropriations Recommended 2014-15 |
Change From 2013-14 |
Reappropriations Recommended 2014-15 |
---|---|---|---|---|
State Operations | 200,000,000 | 500,000,000 | 300,000,000 | 0 |
Total | 200,000,000 | 500,000,000 | 300,000,000 | 0 |
Note: Most recent estimates as of 01/20/2014