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Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

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Page 1: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

Special Demonstrations for AT Reutilization

Annual Reporting Requirements for Year 1

Page 2: 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

Page 3: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

E-grants.ed.gov

Page 4: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

E-grants.ed.gov

Page 5: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

Module = e-reports

Page 6: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

E-grants.ed.gov

Page 7: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

Select “e-reports”

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Select “start page”

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Start page

Page 10: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1
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524B Cover Sheet

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524B Cover Sheet

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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.

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524B Cover Sheet

Page 17: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

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.

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524B Cover Sheet

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524B Cover Sheet

• Must be signed by Authorized Representative.

• Most likely, this is the person who signed off on your original grant application.

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Executive Summary

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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.

Page 22: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

524B Project Status – Example 1

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524B Project Status – Example 2

Page 24: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

524B Project Status – Example 3

Page 25: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

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?

Page 26: Special Demonstrations for AT Reutilization Annual Reporting Requirements for Year 1

Budget Information

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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).

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Obligation of Funds

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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).

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Additional Information

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Submitting

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Authorized Representative

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Questions and Concerns

• Content questions – call Jeremy

• Computer questions – call the help line