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Certification of Unexpended Balance of Earned Federal Funds, 2014-2015 Biennium SB 1, 83rd Legislature, Regular Session, 2013, Article IX, Section 6.22(f)

How to fill out certification of unexpended balance

How to fill out a certification of unexpended balance:

1. Obtain the certification of unexpended balance form from the relevant authority or organization that requires it.
2. Fill in your personal information, such as your name, contact details, and any identification numbers requested on the form.
3. Provide the details of the project or program for which the certification is being requested. This may include the project name, funding period, and any reference numbers associated with it.
4. Specify the funding sources that contributed to the project or program, including any grants, allocations, or donations received.
5. Indicate the total amount of funds allocated for the project or program. This can usually be found in the financial records or budget documents related to the initiative.
6. Calculate and document the total amount of expenses incurred during the project or program. This should include a breakdown of all expenditures, such as salaries, supplies, equipment, and any other relevant costs.
7. Calculate the unexpended balance by subtracting the total expenses from the total allocated funds. This represents the remaining funds that were not spent during the project or program.
8. Provide an explanation or justification for the unexpended balance, if required. This can include reasons such as unexpected cost savings, efficient resource management, or delays in project implementation.
9. Sign and date the certification form, affirming that the information provided is true and accurate to the best of your knowledge.
10. Submit the filled-out certification of unexpended balance to the appropriate authority or organization that requires it.

Who needs a certification of unexpended balance?

A certification of unexpended balance is typically required by organizations or authorities that provide funding for specific projects, programs, or initiatives. This can include government agencies, grant-making foundations, non-profit organizations, or any other entity that wants to ensure that funds allocated for a particular purpose were fully utilized. It acts as a financial report and accountability measure for the funds received, allowing oversight and transparency in the use of allocated resources.

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What is certification of unexpended balance?

Certification of unexpended balance is a formal document that verifies the amount of funds that remain unused or unspent in a particular account or budget.

Who is required to file certification of unexpended balance?

Government agencies, nonprofit organizations, and other entities that receive public funds are typically required to file certification of unexpended balance.

How to fill out certification of unexpended balance?

Certification of unexpended balance is usually filled out by providing details about the remaining funds, including the amount, source, and purpose of the funds.

What is the purpose of certification of unexpended balance?

The purpose of certification of unexpended balance is to ensure transparency and accountability in the management of public funds, and to prevent misuse or mismanagement of resources.

What information must be reported on certification of unexpended balance?

Information such as the remaining balance, funding source, purpose of funds, and any restrictions on the use of the funds must be reported on certification of unexpended balance.