HRSA Grant Management Through the Federal Financial Reporting Process

Managing the various HRSA grants community health centers receive (Section 330, Ryan White, ARP) and tracking how these dollars are spent takes a lot of time and effort for health centers finance departments. The vehicle used to report this information is the Federal Financial Report (FFR). The FFR is an important form that can be confusing at times for individuals to prepare. The goal of this presentation will be to discuss the importance of tracking federal funds (including the review of the order of spending for the various grants), along with identifying best practices and avoiding common findings. It will also provide an overview of how to prepare the FFR properly, including a walk-through of the form, and will review key terminologies such as Excess Program Income, Unobligated Balances, and Expanded Authority and how they all play a role in earning and spending federal grant dollars timely and appropriately.