New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 110 - LOCAL GOVERNMENT GRANTS
Part 5 - JUVENILE ADJUDICATION FUND GRANTS TO LOCAL GOVERNMENTS
Section 2.110.5.15 - REVERSIONS AND SUPPLEMENTAL FUNDING
Universal Citation: 2 NM Admin Code 2.110.5.15
Current through Register Vol. 35, No. 18, September 24, 2024
A. Reversions. If, at the end of the grant period set forth in the grant agreement, an unexpended balance of funds remains, the unexpended balance shall revert to the juvenile adjudication fund.
B. Reversions/supplemental funding. When funds are reverted as provided in Subsection A of this section, or additional funds are made available due to any other cause, the division may take one or more of the following actions:
(1) set aside the funds for contingencies or
emergencies;
(2) make the funds
available for grants during the next regular application cycle; or
(3) make the funds available through a
special application cycle.
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