Montana Historical Society Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002
The book Montana Historical Society Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002 was written by author Montana. Legislature. Legislative Audit Division Here you can read free online of Montana Historical Society Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Montana Historical Society Financial-Compliance Audit for the Two Fiscal Years Ended .. 2002 a good or bad book?
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The Heritage Commission incurred expenditures of $173,782 in fiscal year 1999-00, $313,448 in fiscal year 2000-01, and $318,554 in fiscal year 2001-02. At June 30, 2002, $194,216 of the federal award was not yet expended. Disbursement of federal cash has not occurred within days of the related cash receipts. The Heritage Commission has applied for additional federal funding. Continued non-compliance with federal cash management requirements can result in additional restrictions being placed on ...the Heritage Commission. Federal regulations indicate that when the award recipient does not demonstrate a willingness and ability to maintain procedures for minimizing the time elapsing between the receipt and disbursement of federal cash, the federal grantor agency may require cash draws be made on a reimbursement rather than an advance basis. We believe restrictions of this naUire will significantly impact the Heritage Commission's ability to conduct historic preservation activities at Virginia City.
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