If your school declares any unspent Sporting Schools funds for a term in the grant acquittal, this is called the residual amount.
After acquittals are processed, tax invoices for residual amounts may be generated and distributed by the Australian Sports Commission to schools. Residual amounts of less than $250 will not be invoiced.
Do not return any funds to the Sporting Schools program (or the Australian Sports Commission) until you receive an invoice as it includes payment instructions.
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