Common Elements Used When Setting Up and Using the Grants Portal
Term |
Definition |
---|---|
As Of Date |
Staging Process Date or As Of Date that is defined in the Financial Calculation Option section of the search page. |
Average Monthly Burn Rate |
Actual Amount / [(As Of Date – Period Start Date) / 30]. |
Burn Rate |
(–1) × Remaining Balance / Budgeted Amount + [(Period End Date – As of Date) / (Period End Date – Period Start Date]. |
Remaining Balance |
Budgeted Amount – Actual Amount – Encumbrance Amount – Pre-Encumbrance Amount. |
Remaining Month |
Period End Date – As of Date. |
Period End Date |
Award End Date field, the Project End Date field, or the End Date of the Budget Period Through value that is entered in the Financial Calculation Option section of the search page. |
Period Start Date |
Award Begin Date field, Project Begin Date field, or the Start Date of the Budget Period From value that is defined in the Financial Calculation Option section of the search page. |
Total Forecast Amount |
Average Monthly Burn Rate × Remaining Month. |
Uncommitted Amount |
Remaining Amount – Total Forecast Amount. |
Uncommitted Percent |
Uncommitted Amount / Budgeted Amount × 100.00. |