Orange County NC Website
Browse       Search
(13) "State Funds" means any funds appropriated by the North Carolina General Assembly or collected <br />by the State of North Carolina. State funds include federal financial assistance received by the State <br />and transferred or disbursed to non-State entities. Both Federal and State funds maintain their <br />identity as they are disbursed as financial assistance to other organizations. <br />(14) "Subrecipient" means a non-State entity that receives State financial assistance from a recipient to <br />carry out part of a State program; but does not include an individual that is a beneficiary of such <br />program. This definition of "subrecipient" applies throughout these Rules, except as used in Item <br />(10) of this Rule. <br /> <br />History Note: Authority G.S. 143C-6-22; 143C-6-23; <br />Eff. July 1, 2005; <br />Amended Eff. October 1, 2007; <br />Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. April 25, <br />2015; <br />Amended Eff. July 1, 2016. <br />SECTION .0200 - RESPONSIBILITIES OF RECIPIENTS AND SUBRECIPIENTS <br />09 NCAC 03M .0201 ALLOWABLE USES OF STATE FINANCIAL ASSISTANCE <br />Expenditures of State financial assistance by any recipient or subrecipient shall be in accordance with the c ost <br />principles outlined in the Code of Federal Regulations, 2 CFR, Part 200. If the State financial assistance includes <br />federal sources, the recipient or subrecipient shall ensure adherence to the cost principles established in the Code of <br />Federal Regulations, 2 CFR, Part 200. <br /> <br />History Note: Authority G.S. 143C-6-22; 143C-6-23; <br />Eff. July 1, 2005; <br />Readopted Eff. July 1, 2016. <br /> <br />09 NCAC 03M .0202 RECIPIENT AND SUBRECIPIENT RESPONSIBILITIES <br />A recipient or subrecipient that receives State financial assistance shall ensure that those funds are utilized for their <br />intended purpose and shall expend those funds in compliance with requirements established by this Subchapter and <br />their contract. Recipients and subrecipients shall: <br />(1) Provide the information required by the disbursing agency in order to comply with the procedures <br />for disbursement of funds. <br />(2) Maintain reports and accounting records that support the allowable expenditure of State funds. <br />Recipients and subrecipients shall make available all reports and records for inspection by the <br />awarding agency, the Office of State Budget and Management, and the Office of the State Auditor <br />for oversight, monitoring, and evaluation purposes. <br />(3) Ensure that subrecipients comply with all reporting requirements established by this Subc hapter and <br />their contract and report to the appropriate disbursing entity. <br /> <br />History Note: Authority G.S. 143C-6-22; 143C-6-23; <br />Eff. July 1, 2005; <br />Readopted Eff. July 1, 2016. <br /> <br />09 NCAC 03M .0203 SUBGRANTEE RESPONSIBILITIES <br /> <br />History Note: Authority G.S. 143C-6-22; 143C-6-23; <br />Eff. July 1, 2005; <br />Repealed Eff. July 1, 2016. <br /> <br />09 NCAC 03M .0204 RESERVED FOR FUTURE CODIFICATION <br /> <br />09 NCAC 03M .0205 MINIMUM REPORTING REQUIREMENTS FOR RECIPIENTS AND <br />SUBRECIPIENTS <br />DocuSign Envelope ID: A0668E2C-EC33-465B-A5EE-E1302408AA65