19 CAR § 50-113 – Reimbursement of funds

(a) If, after funds are expended to complete an approved project that has been specifically appropriated, funds remain in excess of the project cost, the recipient shall provide reimbursement of any unexpended funds within thirty (30) days after the project cost has been fully funded.
(b) If, as a result of an audit as outlined in 19 CAR § 50-111, it is found that a recipient of funds from the Development and Enhancement Fund has expended funds for any purpose other than that approved, the recipient shall provide reimbursement of expended funds within thirty (30) days after receipt of the audit report.
(c)
1. (1) Reimbursement of expended or unexpended funds shall be:
  1. (A) Made through a check payable to the disbursing officer of the Department of Finance and Administration; and
  2. (B) Mailed to: DFA Disbursing Officer P.O. Box 2485 Little Rock, Arkansas 72203-2485
2. (2) The disbursing officer shall deposit the reimbursement as a refund of the expenditure into the fund from which it was originally disbursed.
3. (3) If a reimbursement check is returned due to insufficient funds or is dishonored for any other reason, it shall be considered that said payment was not made.
(d) If a recipient of funds hereunder does not provide reimbursement of misused funds as directed under this section, the Chief Fiscal Officer of the State may make a recommendation to the Legislative Council between sessions and to the Joint Budget Committee during sessions that no further funds be appropriated for use by the fund recipient from the Development and Enhancement Fund.