Reserve for Federal Audit Disallowances
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The Reserve for Federal Audit Disallowances provides authority to the General Fund in the event of a reduction in available Federal grant awards resulting from disallowances. This reserve is available to provide State funding to cover unusual instances in which legitimate expenditures are determined to be ineligible for Federal reimbursement. The 2015-16 Executive Budget recommends a $500 million appropriation.
Category | Available 2014-15 |
Appropriations Recommended 2015-16 |
Change From 2014-15 |
Reappropriations Recommended 2015-16 |
---|---|---|---|---|
State Operations | 500,000,000 | 500,000,000 | 0 | 0 |
Total | 500,000,000 | 500,000,000 | 0 | 0 |
Note: Most recent estimates as of 01/21/2015