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! Requlred Information [ The following information applles to the questions displayed below. ] Evergreen County acts as the disbursing agent for a state grant
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The following information applles to the questions displayed below.
Evergreen County acts as the disbursing agent for a state grant for the performing arts. The state is responsible for determining which local governments are eligible for the grant money and for following up to ensure that the reciplents comply with the requirements of the grant. The county recelves the grant funds and disburses them according to the schedule provided by the state. When the county was asked to participate, the county's attorney was concerned that the county might be held responsible for any disallowed costs. The state agreed to accept responsibility for any disallowed costs, so the county decided to act as the custodlan for the state for thils grant.
The schedule for the grant funds to be awarded in the current fiscal year is shown below:
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