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(a) An association must submit a quarterly expenditure statement to the department within 45 days after the end of each quarter that a disbursement is made.
(b) The quarterly expenditure statement must contain the following information:
(1) the amount budgeted for each budget component and cost category and subcategory covered by the contractual consideration;
(2) the actual amount expended during the quarter for each budget component and cost category and subcategory; and
(3) the cumulative amounts budgeted and expended in each budget component and cost category and subcategory for the fiscal year.
History: Eff. 6/18/82, Register 82; am 8/10/97, Register 143
Authority: AS 43.76.025
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Last modified 7/05/2006