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9550.0370 PRIOR PERIOD ADJUSTMENT.

Subpart 1.

Prior adjustments permitted.

A local agency may provide the department with amended reports to correct inaccuracies in data provided for previous quarters. Additional federal revenue obtained as a result of corrections in data for previous quarters must be distributed to all local agencies in accordance with the formulas in parts 9550.0320 and 9550.0330. Any money owed to the federal government because of amended local agency reports under this part must be billed to all local agencies in accordance with the formulas in parts 9550.0320 and 9550.0330.

Subp. 2.

Limitation on prior adjustments.

An amended report must be received by the department no later than 12 months after the reporting deadline for the quarter being amended.

Statutory Authority:

MS s 256.01; 256.011; 393.07

History:

12 SR 827

Published Electronically:

October 15, 2013

Official Publication of the State of Minnesota
Revisor of Statutes