United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2008-08-29 monographic deposited born digital 44 p. GA 1.13:GAO-08-432 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-08-432 P0b002ee180389650 f:d08432 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GAO-08-432 machine generated eng fdlp REPORT GAOREPORTS-GAO-08-432 GAO-08-432 Accountability Audit reports Data collection Federal grants Federal regulations Financial management Financial management systems Financial regulation Funds management Government grants Grant administration Grant monitoring Internal controls Program management Regulatory agencies Reporting requirements Corrective action Transparency HHS Payment Management System Other Written Product A83912

In 2006, the subcommittee concluded there was a need for increased accountability and transparency for unspent funds in federal programs and agencies, and requested GAO review the status of balances not drawn down by grantees by the time the grants' period of availability had ended. GAO was asked to answer these questions: (1) to what extent are there undisbursed grant balances in expired grant accounts and do they share any program characteristics?; and (2) do these expired grants share grant management challenges and how have federal agencies improved grant closeout and diminished undisbursed balances? To do this, GAO analyzed grant balance data from the largest federal grant payment system; reviewed grant management problems and corrective actions from more than 150 audit reports; and reviewed guidance from the Office of Management and Budget (OMB) and the Code of Federal Regulations. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-08-432/html/GAOREPORTS-GAO-08-432.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-08-432/pdf/GAOREPORTS-GAO-08-432.pdf GAO-08-432 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-08-432 Other Written Product GAO-08-432; Grants Management: Attention Needed to Address Undisbursed Balances in Expired Grant Accounts; Accountability Audit reports Data collection Federal grants Federal regulations Financial management Financial management systems Financial regulation Funds management Government grants Grant administration Grant monitoring Internal controls Program management Regulatory agencies Reporting requirements Corrective action Transparency HHS Payment Management System Title 31 Section 6304 Title 31 Section 6305 31 U.S.C. 6304 31 U.S.C. 6305 Public Law 95-220 Public Law 98-169 Public Law 101-453 Title 2 Part 115 2 CFR Part 115