§1000.2160. Can a Tribe/Consortium carry over funds not spent during the term of the funding agreement?
25 C.F.R. § 1000.2160
Yes. Notwithstanding any provision of an appropriations Act, all funds paid to a Tribe/Consortium in accordance with a compact or funding agreement shall remain available until expended.
If a Tribe/Consortium elects to carry over funding from one year to the next, the carryover shall not diminish the amount of funds the Tribe/Consortium is entitled to receive under a funding agreement in that fiscal year or any subsequent fiscal year.
A Tribe/Consortium may elect to carry over funding from one year to the next without any additional justification or document necessary for expenditure.
Notes, amendments, and revision history
Authority
Authority: 25 U.S.C. 5373
Source
Source: 89 FR 100245, Dec. 11, 2024, unless otherwise noted.