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What do we do with fund balance left in grant fund and now dormant?

  • January 15, 2020 18:31
  • Updated
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If this is a grant fund, contact the granting agency for guidance on unused grant funds.  If they do not provide any guidance, you can close the fund out to the general fund.

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  • Do we need an ordinance to close it out a dormant fund? Does council need to approve?
  • What do we do with dormant funds, if they are grants or we don't know what they are?
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