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OMBControlNumber18400849Expires4/30/2021 QuarterlyBudgetandExpenditureReportingunderCARESActSections18004(a)(1)InstitutionalPortion,18004(a)(2),and 18004(a)(3),ifapplicable 10/30/2002 09/30/2020 Charleston

How to fill out cares-act-quarterly-budget-and-expenditure-reporting

How to fill out cares-act-quarterly-budget-and-expenditure-reporting

1. Obtain the necessary forms and instructions from the designated government agency.
2. Provide detailed information on the budget allocated for COVID-19 related expenses.
3. Include all expenditures incurred during the quarter, such as payroll costs, purchase of supplies, and other relevant expenses.
4. Ensure all figures are accurately calculated and supported by appropriate documentation.
5. Submit the completed report by the specified deadline to the relevant authorities.

Who needs cares-act-quarterly-budget-and-expenditure-reporting?

1. Organizations and entities that have received funding through the CARES Act are required to fill out the quarterly budget and expenditure reporting to account for how the funds were allocated and spent.

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What is cares-act-quarterly-budget-and-expenditure-reporting?

The Cares Act Quarterly Budget and Expenditure Reporting is a requirement for recipients of federal funds under the CARES Act to report on their budgetary allocations and expenditures on a quarterly basis.

Who is required to file cares-act-quarterly-budget-and-expenditure-reporting?

Entities that receive funding from the CARES Act, including state and local governments, educational institutions, and other organizations, are required to file this report.

How to fill out cares-act-quarterly-budget-and-expenditure-reporting?

To fill out the report, recipients must complete the designated reporting forms provided by the funding agency, detailing their allocated budget, actual expenditures, and any variances, ensuring accurate and timely submissions.

What is the purpose of cares-act-quarterly-budget-and-expenditure-reporting?

The purpose of the reporting is to ensure transparency and accountability in the use of federal CARES Act funds, enabling oversight of how the funds are being utilized to address the COVID-19 pandemic.

What information must be reported on cares-act-quarterly-budget-and-expenditure-reporting?

The information that must be reported includes budgeted amounts, actual expenditures, project descriptions, and any amendments or notable changes in the expenditure plans.