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Title 4 . Education and Early Development
Chapter 58 . (Repealed)
Section 260. Financial report

4 AAC 58.260. Financial report

(a) A grant recipient shall file a report with the administrator of state museums for each fiscal year for which a grant is received. The financial report must be made on forms provided by the administrator of state museums and must include a narrative description of the project and a specific accounting of the use of grant money. The report must be filed on or before June 30 of the fiscal year for which the grant was received. The report must provide the information about activities and operations that the administrator of state museums requests, including information relating to the organization's service area, population served, facilities, assets and liabilities, use of resources, personnel, salaries, budget, statement of income and expenditure, collection and acquisition of materials or museum objects, hours of service, and intermuseum cooperation and resource sharing agreements.

(b) A museum or museum-related agency that fails to file a report or properly account for the use of grant money may be required to repay the money and is ineligible for any further grants.

History: Eff. 10/21/89, Register 112

Authority: AS 14.07.060

AS 14.57.010 (b)

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Last modified 7/05/2006