Page 40

SECTION 800 PROGRAM REPORTING

LIHEAP MANUAL JANUARY 2022 40

PUBLIC SERVICE COMMISSION (PSC) REPORT (Cont’d) • Quarterly Estimates - Annual estimate of how much funding is needed each federal quarter (i.e., 90% first quarter, 10% second quarter, etc., 0% third quarter & 0% fourth quarter). Payments to the state are issued by the federal funder according to this report. If this report is not filed, then quarterly payments of 25% are issued. • Carryover Report - Annual estimate of funds to be carried over to the next federal spending year from the previous year. Regulated by Congress and the appropriate federal office to monitor use of previously awarded funds. • Other Periodic Reports