planning projects, end products are specified in the application for assistance. Reports are required with billings. Audits: In accordance with the provisions of OMB Circular No. A- 133 (Revised, June 24, 1997), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that receive financial assistance of $300,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $300,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. Records: Maintain records to facilitate audit, including records that fully disclose the amount and disposition of assistance; the total cost of the project; and the amount and nature of that portion of the cost supplied by other sources. FINANCIAL INFORMATION: 255 Account Identification: 14-5035-0-2-303. Obligations: (Grants) FY 99 $0; FY 00 est $40,000,000; and FY 01 est $145,000,000. Range and Average of Financial Assistance: $150 to $5,450,000; $68,178. PROGAM ACCOMPLISHMENTS: Since the programs inception in 1964, over $3.2 billion had been made available to State and local units of government to assist in planning, acquiring and developing public outdoor recreation areas and facilities. REGULATIONS, GUIDELINES, AND LITERATURE: Brochure available from the Department of the Interior, National Park
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