290 DEPARTMENT RESPONSIBILITY IN MAINTAINING INTERNAL
FINANCIAL RECORDS, FILES, AND DOCUMENTATION
APPENDIX II
SECTION L - ANNUAL FINANCIAL REPORT
- General
The ES requested and received a deviation from
the financial reporting requirements of OMB Circular
A-110 and 7 CFR Part 3015 (Uniformed Federal Assistance
Regulations). The State Extension Services will use the
financial report forms as prescribed by ES.
These reports should include all receipts and
expenditures of Federal, State, and County appropriations
and contributions from non-tax sources, for furtherance
of Extension work. Expenditures are considered to be cash
disbursements and valid unliquidated obligations
chargeable to the reporting fiscal year.
- Submission
The Smith-Lever Act provides that the annual
Financial Report for the Cooperative Extension Service be
submitted no later than April 1. Section 1444(d) of the
Food and Agriculture Act of 1977 provides that the
Financial report for the 1890 Land-Grant Institutions be
submitted by December 1.
However, to secure proper payment of the next
installment of the Letter of Authorization, it is
suggested that the report be submitted earlier. Two
copies of the report should be submitted to the CFD, CMS.
Upon review by CFD, one copy will be returned to the
applicable institution.
Revised May 1994