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Special Demonstrations for AT Reutilization
Annual Reporting Requirements for Year 1
Annual Report
• Use 524B (paper example provided).
• Due by July 13, 2007.
• You must complete this form electronically at:
http://e-grants.ed.gov
E-grants.ed.gov
E-grants.ed.gov
Module = e-reports
E-grants.ed.gov
Select “e-reports”
Select “start page”
Start page
524B Cover Sheet
524B Cover Sheet
Budget Expenditures
• This is not what you budgeted for the year – it is what you actually spent.
• Note: You all received at least 2 years of money up front but need to be within you Year 1 budget.
• You’ll need to explain underspending later in budget narrative.
524B Cover Sheet
Indirect Cost Questions
• If you can’t answer the questions related to indirect costs, you probably should reconsider taking them.
• Indirect costs cannot exceed 10%.
• See information provided from RESNA webinar.
524B Cover Sheet
524B Cover Sheet
• Must be signed by Authorized Representative.
• Most likely, this is the person who signed off on your original grant application.
Executive Summary
Project Status Chart
• Report on those objectives for Year 1 only.
• If you will achieve objective after the report is due but before Year 2 begins, report in Year 2.
• Report on those objectives essential to the progress of your program.
524B Project Status – Example 1
524B Project Status – Example 2
524B Project Status – Example 3
Explanation of Progress
• Did you achieve the stated objective?
• If not, why not?
• What will you do to achieve it and by when?
• Or, why should this objective be eliminated?
• Will it be replaced with something new?
• If replacing, what will you do to achieve it and by when?
Budget Information
Carryover of Funds
• If you did not use all of your Year 1 budget:– “a grantee may expend funds that have
not been obligated at the end of a budget period for obligations of the subsequent budget periodif . . . the obligation is for an allowable expense that falls within the scope and objectives of the project” (EDGAR).
Obligation of Funds
Liquidation of Funds
Liquidation of obligations: A grantee must liquidate all obligations incurred under the award not later than 90 days after the end of the funding period (EDGAR).
Additional Information
Submitting
Authorized Representative
Questions and Concerns
• Content questions – call Jeremy
• Computer questions – call the help line