California Code of Regulations
Title 14 - Natural Resources
Division 8 - Environmental Affairs Agency
Chapter 1 - Final Application Procedures: Local Government Coastal Management Improvement Program
Section 19006 - Payment of Grant Funds
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
Payment of funds will be made on a quarterly basis. The grantee may request payment of funds in advance of or as reimbursement for work undertaken during a given quarter. The grantee must indicate the option in the financial application (Exhibit 2) and quarterly financial status form (Exhibit 3). The grantee opting for advance payment must also complete the financial status report as a part of the grant application.
(a) Advance Payment Method.
Exceptions may be considered when it can be conclusively demonstrated by the grantee that expenditures will occur at the requested level in any one calendar quarter.
(b) Reimbursement Method.
A grantee choosing to receive funds as reimbursement must submit a quarterly financial status report to SEA within 20 days following the end of each quarter. All reimbursement requests must be accompanied by documentation of expenditures. SEA will not authorize payment for any expenses not identified on the quarterly report.
(c) Release of Funds.
(d) Retention.
SEA will retain 10 percent of each payment request. SEA will review the grantee's final reports within 45 days after their submission. If SEA determines that the terms of the grant have been met, the funds held in retention will be authorized for release.
(e) Matching Share.
1. New section filed 7-22-86 as an emergency; effective upon filing (Register 86, No. 31). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 11-19-86.
2. Repealed by operation of Government Code Section 11346.1(g) (Register 87, No. 2).
3. New section filed 1-8-87; effective upon filing pursuant to Government Code Section 11346.2(d) (Register 87, No. 2).
Note: Authority cited: Section 35041, Public Resources Code. Reference: Section 35042, Public Resources Code.