Nonrecurrent expenditures refer to costs that are unusual, one-time, or not expected to occur again in the foreseeable future. These expenditures must be clearly identified and approved in a grant agreement or its amendments. Examples include significant repairs, unique project costs, or special events that are not part of regular operations.
This term is commonly used in the context of environmental grants and funding provided by federal agencies, such as the Environmental Protection Agency (EPA). Nonrecurrent expenditures often arise in grant applications and financial reporting for projects aimed at environmental protection and public health. Users can manage related forms and procedures with tools like US Legal Forms, which offers templates tailored for grant applications and reporting.
Here are a couple of examples of abatement:
Example 1: A city receives a grant for an environmental project and incurs costs for a one-time cleanup event after a natural disaster. This cost qualifies as a nonrecurrent expenditure.
Example 2: A nonprofit organization uses grant funds to purchase specialized equipment for a unique research project that will not be repeated. This purchase is also considered a nonrecurrent expenditure.
Nonrecurrent expenditures are governed by federal regulations, particularly under 40 CFR 35.141, which outlines the requirements for grant expenditures related to environmental programs. Specific state laws may also apply, but they vary widely.
Examples of state differences (not exhaustive):
| State | Regulatory Notes |
|---|---|
| California | Requires detailed justification for nonrecurrent expenditures in grant applications. |
| Texas | Allows flexibility in defining nonrecurrent costs but requires documentation. |
| New York | Emphasizes transparency and accountability in reporting nonrecurrent expenditures. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Key Differences |
|---|---|---|
| Recurring Expenditures | Costs that occur regularly or repeatedly over time. | Nonrecurrent expenditures are one-time costs, while recurring expenditures are expected to happen regularly. |
| Capital Expenditures | Long-term investments in physical assets. | Capital expenditures are typically for long-term use, whereas nonrecurrent expenditures are singular and not expected to recur. |
If you are involved in a project that may incur nonrecurrent expenditures, ensure that these costs are clearly documented and included in your grant application. Utilize US Legal Forms to access templates that can help you prepare the necessary documentation. If your situation is complex, consider seeking advice from a legal professional.
Browse our library of 85,000+ state-specific legal templates.
Costs that are unusual, one-time, and not expected to recur in the foreseeable future qualify as nonrecurrent expenditures.