Reserve for Federal Audit Disallowancesskip breadcrumbs
The Reserve for Federal Audit Disallowances provides authority to the General Fund in the event of a reduction in available Federal grant awards resulting from disallowances. This reserve is available to provide State funding to cover unusual instances in which legitimate expenditures are determined to be ineligible for Federal reimbursement. The 2014-15 Executive Budget recommends a $500 million appropriation.
Note: Most recent estimates as of 01/20/2014