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II II II II II II II II II ! II I II II II II II II II II II ,~. AA-5 O. Specific management information requests or requirements stipulated in the Annual Program Requirements Annexes for individual programs shall be provided in addition to the performance and financial reports as prescribed above. Article VII. Budget Revisions Within each designated program, the State may transfer funds among cost categories (object class categories) subject to the following conditions: A. Cumulative amounts not to exceed 20 percent of the total amount budgeted for the program may be transferred from anyone category to one or more other categories, except indirect cost, without prior approval and without restriction. 8. Transf~rs in excess of 20 percent of the total amount budgeted for the program are permitted provided that the State notifies FEMA and that the FEMA Signatory Official does not disapprove of the transfer within 30 days after notification. C. ~ transfers shall be made that result in failure to meet program objectives and management information requests or that are inconsistent with law and FEMA regulations. Article VIII. Reprogramming and Reallocation A. Funds awarded to the State for any program from a funding source under this Agreement but determined to be surplus to the State's needs in achieving the objectives of the program activity shall, upon such determination by the State and notification to the FEMA regional office, be deob1igated by FEMA regions for possible reallocation to another State. Reprogramming to another program can only be done by FEMA headquarters. The Regional Director has authority to reallocate funds within the same program from one State to another during the first 9 months of the fiscal year. This authority reverts to headquarters during the last 3 months of the fiscal year, starting July 1. The reallocation authority of the Regional Director does not apply, however, to any sums withheld from a State due to penalty or sanction. B. A~the end of each quarter except the final quarter, the State shall determine or estimate and inform the Regional Director of any surpluses or anticipated surpluses in funding that cannot or will not be used in completing work under the Agreement for each program. Similarly, the State shall report any deficiencies or anticipated deficiencies in funding needed to complete any Agreement objectives that cannot be met. Notification to the region on funds utilization is especially critical after the second quarter. If surpluses are desired to be used in another program area or for new initiatives, Article VII. A. and Article XII. apply. This report shall, to the extent possible, be submitted with the quarterly financial and performance reports. In accordance with OMB Circular A-I02, Attachment K, the State shall also notify FEMA whenever surplus funds from any funding source exceeds $5,000 or 5 percent of the total from that source, whichever is greater.