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not meet the original terms of the grant agreement. (f) Subject to 7 AAC 78.180(a)(4) and 7 AAC 78.280(b), the grantee may reallocate grant money between budget categories within the total budget of a grant project to meet unanticipated expenditures necessary to the successful continuation or completion of the grant project. To reallocate grant money under this subsection, the grantee must
(1) receive department approval before reallocating an amount that exceeds 20 percent of a budget category that is increased by the reallocation, or $50,000, whichever is less;
(2) notify the department within 30 days after the end of any quarter during which the grantee reallocated an amount that is not subject to (1) of this subsection. (g) Except as provided in (h) of this section, the grantee must submit to the department a request under this section for approval to reallocate money between budget categories within the total budget no later than 30 days after the end of the grant period. (h) A grantee may submit a request for a retroactive line-item budget revision if an audit conducted under 7 AAC 78.230 discloses line-item expenditures that exceed the limit allowed under (f)(1)(A) of this section. The department may approve a revision under this subsection if
(1) the grantee justifies the overexpenditures as necessary to meet program goals and the desired outcomes of the grant project;
(2) the expenditures are allowable costs under 7 AAC 78.160; and
(3) the grantee has no other source of income to pay the overexpenditures. (i) Repealed 10/16/2012. (Eff. 4/11/81, Register 78; am 7/21/2002, Register 163; am 6/24/2004, Register 170; am 10/16/2012, Register 204) Statutory Authority: Authority: AS 18.05.040 AS 44.30.020 AS 47.30.530
AS 18.08.010 AS 47.05.010 AS 47.37.030
AS 18.08.080 AS 47.06.010 AS 47.37.045
AS 18.25.100 AS 47.20.075 AS 47.40.041
AS 18.28.010 AS 47.20.110 AS 47.40.120
AS 18.28.050 AS 47.27.005 AS 47.80.130