AUTHORITY: Implementing and authorized by Section 20 of the Capital Development Board Act [20 ILCS 3105]; and Section 50 of the Grant Accountability and Transparency Act [30 ILCS 708].CAPITAL DEVELOPMENT BOARD
a) The grant recipient must submit performance and financial progress reports to the Department and the Board as outlined in the grant agreement.
b) The Department and the Board may assist each grant recipient in meeting the goals and objectives stated in the original grant proposal submitted by the recipient and may provide technical assistance and guidance regarding the use of grant funds in compliance with applicable laws.
c) Performance and financial progress report deadlines may be extended at the discretion of the Department and the Board only in extraordinary circumstances not in control of the grant recipient.
d) Actual use of capital dollars awarded will be reported to the Department and the Board at least quarterly, unless more frequent reporting is required by the grant agreement.