Budgetary Controls definition

Budgetary Controls means the grant recipient has a system of controls in which the grant budgets are compared with actual spending, within the timelines of the grant budget and deliverables to ensure the grant and program objectives are being followed.

Examples of Budgetary Controls in a sentence

  • Budgetary Controls (2CFR 200.308) More detailed reporting; such as back-up documentation, detailed report of expenditures from accounting system, and other reports that are requested by the Grantor contact.