Note: This FAQ relates to CDBG
Date Published: February 2019
The PR26, Financial Summary Report, calculates the total of expenditures based on Vouchers completed during the program year, or marked as ‘prior year’ (a voucher can be marked for prior year if the submission date is within 90 days of the new program year start date). The Expenditure total can be adjusted to account for expenditures that should have been either included or excluded from the calculations. Enter adjustments (use a negative sign if excluding expenditures) on:
Note that adjustments made on a PR26 report for one year may require revisions on a prior year and/or subsequent year’s PR26 report. Any adjustments on the PR26 report must be explained or accompanied by supporting documents to the HUD Field Office when submitting.
More information about the PR26 report is available in the Updated Instructions for Completing the CDBG Financial Summary Report (PR26) on the HUD Exchange.