Illinois Administrative Code
Title 92 - TRANSPORTATION
Part 653 - STATE OPERATING ASSISTANCE TO DOWNSTATE AREAS
Subpart E - AUDIT PROCEDURES/GRANT CLOSEOUT
Section 653.450 - Reconciliation of Payments
Universal Citation: 92 IL Admin Code ยง 653.450
Current through Register Vol. 48, No. 38, September 20, 2024
The Department will reconcile the amounts paid to the participant consistent with the participant's audit and the Department's final State reconciliation report. The Department will take the necessary steps to pay the participant any amounts due to the participant for the reconciled fiscal year. If the reconciliation reflects that the Department has overpaid the participant, then the Department shall notify the participant in writing of the amount due and request remittance. If the participant received actual payments that are less than the amount specified by the State reconciliation then the Department will pay the difference.
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