N.Y. Comp. Codes R. & Regs. tit. 9 § 6655.12

Current through Register Vol. 46, No. 45, November 2, 2024

Section 6655.12 - Obligation and reallotment

(a) Except as provided in subdivision (b) of this section, area agencies must obligate any OAA, CSE or EISEP funds during the program period for which they are allotted.

(b) To the extent permitted by the United States Administration on Aging and to the extent awarded by the office, area agencies may obligate OAA funds during a program period subsequent to the period during which they are initially allotted. Area agencies that retain carry-over funds in excess of a percentage, to be determined by the office, shall be required to use such excess carry-over funds for targeting efforts.

(c) CSE and EISEP funds may not be reallocated after the end of the program period unless the funds are reappropriated for the next State fiscal year.

(d) Income generated under OAA, CSE or EISEP programs (including required cost-sharing under EISEP and CSE) shall, unless otherwise specifically authorized by the office, be utilized to pay for expenses incurred during the program period in which the income was received.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 6655.12