The South Carolina Application for Expenditure is a state-mandated form that must be completed and submitted by any entity that wishes to receive state funds or other financial assistance from the South Carolina government. It is used to provide information on the purpose of the funds, how they will be used, and how the funds will be accounted for. The form is used by both private and public entities that receive state funds, including state agencies, local governments, schools, and non-profit organizations. There are two types of South Carolina Application for Expenditure forms: the Initial Application and the Annual Update. The Initial Application is a comprehensive form used to request state funds for a specific project or purpose. It includes information such as the purpose and scope of the project, a budget, a timeline for completion, and a review of any related state laws and regulations. The Annual Update is a shorter form used to update the state on the progress of a previously approved project. It includes information such as any changes to the budget, timeline, or scope, and any issues or concerns that have arisen during the project. Both forms must be submitted to the South Carolina Office of Management and Budget for review and approval.