Financial Administration

Appropriation 150

Title:  Federal Aid (Federal Indirect Cost Reimbursement)

State Fund/Agency
Cash Balance
103/285 PRF Continuing 20.285 (1) (n) Yes

Statute Language:

All moneys received from the federal government for reimbursement for indirect costs of grants and contracts for the purposes authorized in s. 16.54 (9) (b).

Section 16.54 (9) (b) states:
An indirect cost reimbursement may be utilized for administrative purposes, program purposes, funding of positions, payment of federal aid disallowance's, or other purposes authorized by law. If an indirect cost reimbursement is not utilized for such a purpose, the head of the agency receiving the reimbursement shall request the department to transfer the reimbursement to the general fund as general purpose revenue--earned. All transfers and other expenditures are subject to approval of the secretary under s. 16.50 (2) and the governor under this section.

Institutions Which Have Budget Authority for This Appropriation:

All institutions

Allowable Major Classes of Expense/Revenue:

Salaries, fringe benefits, supplies & expense, capital, financial aids, and special purpose. There is no budget for sales credits.

Special Restrictions or Policies/Procedures:

  1. Position Control Policies
    s. 16.505 (2m) applies, see Appendix A.
  2. Budget Control/Transfers/Overdrafts
    See FAP - Budget Transfers (F5) for these limitations.
  3. Activity Code Limitations
    Expenditures may be charged to all activity codes other than 3. See Activity Codes and Definitions for descriptions.
  4. Indirect Cost Offset Requirement
    The total amount of class 0598 revenue in 150 must be equal to the class 3232 indirect cost expense charged to 144 so that the two amounts zero at the end of the fiscal year.

Year-End Instructions (lapse, carry forward, etc.):

The year end cash balance and any open encumbrances are moved to the new fiscal year in the same appropriation. Since this is a GPO pool appropriation, the carryover balance may be a different amount than what is shown in the year end records. Refunds of prior year expenditures are deposited to this appropriation using the code of the original expenditure.

Special Instructions on Salaries/Fringe Benefits:

Policy Paper References:

FAP - Extramural Support Administration (G2)