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Diane Publishing Books
Grants Management: Attention Needed to Address Undisbursed Balances in Expired Grant Accounts
Stanley J. Czerwinski (au)
In 2006, Congress concluded there was a need for increased accountability and transparency for unspent funds in federal programs and agencies, and requested a review of the status of balances not drawn down by grantees by the time the grantsí period of availability had ended. This report answers these questions: (1) to what extent are there undisbursed grant balances in expired grant accounts and do they share any program characteristics?; and (2) do these expired grants share grant management challenges and how have federal agencies improved grant closeout and diminished undisbursed balances? Includes recommendations. Charts and tables.
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