Reporting of Program Income

This section of the HHS Grants Policy Statement focuses on the reporting of income earned and the amount expended. Grantees and delegate agencies can benefit from reviewing the various forms that are required for reporting when trying to maintain compliance. The resource also provides specific reporting forms applicable to income earned, sell of equipment, and income accrued.

The following is an excerpt for the HHS Grants Policy Statement.

The amount of program income earned and the amount expended must be reported on the FSR (SF 269—Long Form). Any costs associated with the generation of the gross amount of program income that are not charged to the grant should be deducted from the gross program income earned, and the net program income should be the amount reported.

Program income subject to the additive alternative must be reported on lines 10r and 10s, as appropriate, of the FSR; program income subject to the deductive alternative must be reported on lines 10c and 10q of the FSR; and program income subject to the matching alternative must be reported on lines 10g and 10q of the FSR.

Income earned from the sale of equipment must be reported on the FSR for the period in which the proceeds are received in accordance with the reporting requirements for the program income alternative specified. Amounts due the OPDIV for unused supplies must be reflected as a credit to the grant on line 10c of the FSR.

Reporting requirements for accountable income accrued after grant support ends will be specified in the NoA.

Reporting of Program Income. HHS Grants Policy Statement. HHS/ACF/OHS. 2007. English.

Last Reviewed: November 2008

Last Updated: August 5, 2015