Resolutions - Jersey City

XII. Program Income.
A. Program income shall be defied as gross income eared by the Subgrantee from federal grant-
supported activities. Such eargs include, but wil not be lited to, income from service fees, sale
of commodities, usage or rental fees and royalties on patents. and copyrghts. The following pèrtains
to cash advances that are issued by OHSP to local units of governent, nonprofit, commercial and
non-governental organations.
B. Al local units of governent (political subdiviions of a state, including cities, towns, counties and
speciài districts created bystate law) shal account for interest earned on federal funds; Local unts of
governent may keep interest earned on federal grant funds up to $100 PER FEDERAL FISCAL
YEAR.. Thi maxum lit is not
per award; it is inclusive of all mterest eared as a result of all
federal grant program funds received per year.
C. Nonprofit, commercial and nongovernental organations shall account for interest earned orr
federal funds. These types of organations may keep interest eared on federal grant funds up to
$250 PERFEDERA FISCAL YEAR.' This maxum limt is not per award; it is inclusive of all
interest eared as a result of all federal grant program fuds received per year. -
D. . All other program income earned durig the grant period shall be retained by the Subgrantee and used
in accordance withthe original intent ofthe grant agreement.
E. Interest earned, in excess of the amdunts stated above, must be remitted to the United States
Deparment of Health and Human Services, Division of Payment Management Services, P.O. Box
6021, Rockvile, MD 20852. -
XII. Budget Revisions and Modifcations.
A. Budget revisions and modifications must be requested by the Subgrantee and approved by OHSP in
writing (via GTS, see section XVIILC.) before they become effective. (In the case where OHSP
as~umes the GTS data entry responsibilty, a budget revision notification must be made in writing to
OHSP.) A revised Anex to the Spending Plan wil be required.
B. OHSP may also, at its option, establish policy to restrict reprogrammg offunds among direct cost
categories and must require Subgrantees to comply with applicable state requirements concerng
prior approval for certain budget changes. .
grant services at a rate, which in the
judgment of OHSP wil result in substantial failure to expend the grant amount or provide grant
serices, OHSP may so notifY the Subgrantee. If, after consultation, the Subgrantee is unable to
develop, to the satisfaction ofOHSP, a plan to rectifY its low level ofprogram expenditures or grant
C. If the Subgrantee is makg program expenditures or providing
servces, OHSP may, upon thiy (30) days notice to the Subgrantee, reduce the grant amount by a
sum so that the revised grant amount fairly projects pro gram expenditures over the grant perod. Thi
reduction shall take into account the Subgrantee's fied costs and shall establish the commtted level
of service for each program element of grant serices at Ihereduced grant amount. If such a
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