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This document outlines the process for Mississippi's Loan Applicants to apply for potentially reallocated federal funds under the American Recovery and Reinvestment Act of 2009 for capital improvements
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The ARRA reallocation memo is a document used to request the shifting of funds from one budget category to another within a project funded by the American Recovery and Reinvestment Act (ARRA).
The project manager or authorized representative responsible for managing a project funded by the ARRA is required to file the arra reallocation memo.
To fill out the arra reallocation memo, the project manager needs to provide details about the original budget allocation, the requested reallocation amounts, the justification for the reallocation, and any impacts on project deliverables or outcomes.
The purpose of the arra reallocation memo is to ensure transparency and accountability in the use of ARRA funds. It allows for proper documentation of changes in budget allocations and helps in tracking the changes made to the project's financial plan.
The arra reallocation memo should include information such as the project name, budget category to be reallocated, original budget allocations, requested reallocation amounts, justification for the reallocation, impacts on project deliverables, and any supporting documentation if required.
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