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However, a previous study [ 5] has shown that disbursements of funds for other charges are also made late, primarily because block grants are dependent on the collection of national revenues.
Lenders who accept pensions for collateral loans generally expect that disbursements will commence no later than 60 months from the issue date of the loan.
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Although its new administrator, Steven C. Preston, has been trying to address the S.B.A.'s staffing and budget losses, the audit found that disbursement delays "were largely attributable to the lack of coordination and communication" between agency offices.
"We hope that these disbursements will help acknowledge the suffering that these individuals experienced, and offer some relief," he said.
He and other scholars have argued that large disbursements are subject to the law of diminishing returns.
Investigators assert that the disbursements were part of an illegal off-the-books system whose recipients also included election officials.
Government programs require nursing homes to reveal when they pay affiliates so that such disbursements can be scrutinized to make sure they are not artificially inflated.
The Legislature and the governor avoided the record book for tardy budget-making by adopting a skeleton budget on Aug. 3, but negotiations over a final budget -- one that specifies disbursements to the state's 705 school districts -- remained at an impasse as officials headed into the long Labor Day weekend.
It is a Global Fund policy that its disbursements should not replace existing national and international resources.
Our analysis on the relationship between grants from the Global Fund and mortality changes in recipient countries suggests that Global Fund disbursements were followed by accelerated reductions in all-cause adult mortality, and these mortality reductions increased with increasing Global Fund support.
Downside: You don't get the favorable 15% tax treatment on the disbursements that's the happy lot of other kinds of dividends.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com