9. What if a project application is awarded and the money is not spent by the end of year?
Posted on October 21, 2021 at 12:51 PM by Kansas Department of Administration
- Once CRF funding is awarded, monthly reports will be required to track how the money is being spent. As we get close to the end of this cycle, any funds that will not be spent by December 30, 2020 will be pulled back. Additional guidance could change this, but FAQs from the US Treasury have not provided clear guidance at this time.
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01-a-021 - Capital Outlay Policy Raising Capitalization Threshold to $5,000 and Policy for Safeguarding Assets (June 21, 2001) (Supersedes 00-a-021, Supplements 01-a-018) (Supplemented by 02-a-017)
05-a-005 - Mandatory Direct Deposit for State Employee Reimbursements (July 7, 2004) (supplemented by 05-a-012)