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Office of Community Services skip to primary page contentIncreasing the Capacity of Individuals, Families and Communities

Managing Public Grants

Revisions in Budget and Program Plans | Property Management

Financial Reporting11

Financial reporting requirements for your project are specified in your award package issued by the Federal awarding agency. For more detailed information about requirements for financial management systems, payment methods and rules for cost sharing and matching requirements, accounting for program income and establishing fund availability, see OMB Circular A-110, subpart C.

Requirements and Forms
You may be required to submit financial reports to both the Federal awarding agency and the Division of Payment Management. Note the following:

  • The Federal awarding agency will generally require Financial Status Reports (Form SF-269).
  • The Division of Payment Management requires you to submit quarterly reports (PMS 272) that certify the disbursement of the funds.

Frequency
The Federal awarding agency determines the Financial Status Report deadlines. It is important to remember that you must submit Financial Status Reports on time even if no activity has occurred during the reporting period. The Division of Payment Management may require you to submit quarterly reports (PMS 272) that certify the disbursement of the funds within 15 calendar days of the end of each quarter.

Financial Management | Property Management