Current through Reg. 49, No. 45; November 8, 2024
Section 173.306 - Improvement Grant Adjustments(a) The authorized official must sign all requests for grant adjustments.(b) Budget Adjustments. Grant adjustments consisting of reallocations of funds among or within budget categories in excess of $10,000 or ten percent of the original grant award, whichever is less, are considered budget adjustments, and are allowable only with prior approval of the executive director of the Commission. Grantees must notify the Commission in writing of reallocations of funds among or within budget categories below this threshold. If a reallocation of funds among or within budget categories results in the cumulative amount of budget changes within the same fiscal year reaching $10,000 or 10% of the original grant award, whichever is less, the adjustment is allowable only with the prior approval of the executive director of the Commission.(c) Non-Budget Grant Adjustments. The following rules apply to other grant adjustments: (1) Requests to revise the scope, target, or staffing of the project, or substantively alter project activities require advance written approval from the Commission.(2) The grantee shall notify the Commission in writing of any change in the designated program director, financial officer, or authorized official within ten days following the change.1 Tex. Admin. Code § 173.306
The provisions of this §173.306 adopted to be effective September 13, 2012, 37 TexReg 7083; Adopted by Texas Register, Volume 42, Number 41, October 13, 2017, TexReg 5670, eff. 10/17/2017; Adopted by Texas Register, Volume 48, Number 11, March 17, 2023, TexReg 1551, eff. 3/23/2023