January 15, 2020 18:45 Updated Follow Each grant year should have its own fund to provide separate accounting of the grant and facilitate reporting. Related articles What do we do with fund balance left in grant fund and now dormant? State/ Federal reimbursement grants: Do we need an appropriation? (Ex. Homeland Security) Please provide information on the process to draw down grant funds to be used for eligible costs for the awarded project. Does this process in Low meet compliance for disbursing funds, treasurers receives and gets passcode to go over to the Auditor to affix treasurer's name to check? What is the difference between a bond and a note?