North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 09. GOVERNOR AND LT. GOVERNOR |
CHAPTER 03. STATE BUDGET AND MANAGEMENT |
SUBCHAPTER 3M. UNIFORM ADMINISTRATION OF STATE GRANTS |
09 NCAC 03M .0201. ALLOWABLE USES OF STATE FUNDS
Latest version.
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Expenditures of State funds by any grantee shall be in accordance with the Cost Principles outlined in the Office of Management and Budget (OMB) Circular A-87. If the grant funding includes federal sources, the grantee shall ensure adherence to the cost principles established by the Federal Office of Management and Budget.
History Note: Authority G.S. 143C-6-22; 143C-6-23;
Eff. July 1, 2005.